EXHIBIT 10.1
Services Agreement with Xxx Xxxxxxx Atlas
SERVICES AGREEMENT
THIS SERVICES AGREEMENT (the "Agreement") dated December 31, 2001, is
made by and between Metropolitan Health Networks, Inc., a Florida corporation
("Metropolitan") and Xxx Xxxxxxx Atlas, an individual resident of Florida
("Atlas").
WHEREAS, Atlas has previously provided legal services to Metropolitan;
and
WHEREAS, it is anticipated that Atlas will continue to provide legal
services to Metropolitan in the future, and Atlas has agreed to make himself
available as is reasonably necessary to provide such future services; and
WHEREAS, the legal services covered by this Agreement that have been
provided and that are to be provided in the future by Atlas, including making
himself available as is reasonably necessary to provide such services in the
future, are hereinafter referred to as the "Services"; and
WHEREAS, as partial consideration for the Services, Metropolitan has
agreed to issue shares of its common stock to Atlas as hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual promises and covenants
set forth herein, and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged by the parties, the parties hereto,
intending to be legally bound, agree as follows:
1. CONSIDERATION. As partial consideration for the Services,
Metropolitan hereby agrees to forthwith issue to Xxx Xxxxxxx Atlas, 113,073
shares of the common stock, par value $.001, of Metropolitan (the "Shares").
2. REGISTRATION RIGHTS. Metropolitan agrees that promptly following
execution of this Agreement, it will prepare and file with the United States
Securities and Exchange Commission, a registration statement on Form S-8
covering the Shares.
3. ACKNOWLEDGEMENT. The parties hereby confirm and acknowledge that the
Services (a) consist and will consist of bona fide services rendered and to be
rendered to Metropolitan, (b) are not and will not be in connection with the
offer or sale of securities in capital raising transactions, and (c) do not and
will not promote or maintain a market for the securities of Metropolitan.
4. COUNTERPARTS. This Agreement may be executed in any number of
counterparts, all of which taken together shall constitute one and the same
instrument.
5. FURTHER ASSURANCES. From and after the date of this Agreement, upon
the request of a party, each other party shall execute and deliver such
instruments, documents and other writings as may be reasonably necessary or
desirable to confirm and carry out and to effectuate fully the intent and
purposes of this Agreement.
6. GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the domestic laws of the State of Florida without giving effect
to any choice or
conflict of law provision or rule (whether of the State of Florida or any other
jurisdiction) that would cause the application of the laws of any jurisdiction
other than the State of Florida.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first set forth above.
METROPOLITAN HEALTH NETWORKS, INC.
By: /s/ XXXX XXXXXXXXX
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Name: Xxxx Xxxxxxxxx
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Its: President
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/s/ XXX XXXXXXX ATLAS
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Xxx Xxxxxxx Atlas
