EMPLOYMENT CONTRACT
BETWEEN:
|
Anticus International
Corp., operating under the name of Green Yeast Corporation, a
company legally incorporated under the laws of Nevada, having a mailing
address at 1155 Boul. Xxxx Xxxxxxxx Ouest, suite 2500, in the
city and district of Xxxxxxxx, Xxxxxx, X0X 0X0, acting and represented
herein by Xx. Xxxxx Xxxxxx, chairman of the board, declaring duly
authorized,
|
(hereinafter called the
"ANTICUS")
AND:
|
Xxxxxx
XXXXXXX, residing at 000 Xx Xxxxxxxxx, Xxxxxxxxxxxx, XX,
X0X-0X0,
|
(hereinafter
called the "XXXXXXX")
(Anticus and XXXXXXX hereinafter collectively called "Parties")
PREAMBLE
WHEREAS, XXXXXXX
is providing services as President and CEO since August 24
2006;
WHEREAS, XXXXXXX
agreed to pursue his work with ANTICUS as President and CEO;
WHEREAS
the parties wish to reconfirm their agreement in writing;
WHEREAS
the parties have the capacity and quality of exercise all the rights necessary
for the conclusion and implementation of the agreement found in this
contract;
THEREFORE
THE FOREGOING, THE PARTIES AGREE AS FOLLOWS:
1.00
PREAMBLE
The
preamble is an integral part of this contract.
2.00
PURPOSE
2.01
Services
XXXXXXX
agrees to continue to assume the role of president and CEO during the entire
duration of the contract;
2.02
Term
This
contract is for an initial term of twelve (12) months, renewable for an
additional period of twelve (12) months.
1
3.00
CONSIDERATION
3.01
Service Awards
In
consideration of the provision of services, ANTICUS to pay XXXXXXX, as
compensation;
• The gross amount
of Canadian $ 99 000 annually
• Five
hundred thousand options to acquire one (1) share of ANTICUS at a cost of $ 0.07
/ per share by January 17, 2013.
3.02
Expenditure incurred
ANTICUS
will reimburse Xxxxxxx all reasonable expenses incurred in connection with this
Agreement;
3.05
Terms and conditions of payment
The price
payable by ANTICUS to XXXXXXX is as follows:
• The sum
of $8 250,00 on the last day of the month from September 01,
2009.
• The
stock options will be delivered to the service provider at contact
signature.
•
Expenses will be reimbursed on presentation of an expense account on the 24th of
each month.
4.00
SPECIAL PROVISIONS
4.01
Obligations of ANTICUS
ANTICUS
agrees and undertakes to XXXXXXX as follows:
a)
ANTICUS to bring XXXXXXX collaboration and will provide information necessary to
ensure the full and faithful discharge of services to be rendered;
4.02
Obligation to XXXXXXX
XXXXXXX
agrees and undertakes to ANTICUS to the following:
a) The
services must be made in a professional manner, according to the rules generally
accepted by industry.
4.03
Commitment to confidentiality and nondisclosure
XXXXXXX
recognizes that certain disclosures to be provided by ANTICUS have or may have
considerable strategic importance, and therefore represent trade secrets for
purposes of this contract. During the term of this Contract and for a period of
thirty-six (36) months following the end of it, XXXXXXX is committed to ANTICUS
to:
a) keep
confidential and not disclose the information;
b) take
and implement all appropriate measures to protect the confidentiality of the
information;
c) not
disclose, transmit, exploit or otherwise use for its own account or for others,
elements of information;
4.04
Exclusivity of service provider
During
the term of this Contract and for a period of twelve (12) months following the
end of it, XXXXXXX is committed to ANTICUS not render services to or for direct
or indirect competitors of ANTICUS.
2
4.05
Means of implementation
Xxxxxxx
has the free choice of means of implementation for the execution of this
contract and there is no subordinate link between himself and ANTICUS with
respect to the contract execution
4.06
Relationship between the parties
Neither
party may bind the other in any way whatsoever to anyone, except in accordance
with the provisions of this contract.
4.07
Representations and Warranties XXXXXXX
XXXXXXX
represents and warrants to ANTICUS that:
a) he has
the capacity required to undertake under this contract, such capacity was not
limited by any commitment to another person;
b) he has
the expertise and experience required to execute and complete the its
obligations under this contract;
c) he
will make services efficient and professional manner, according to the rules
generally accepted by industry;
4.08
Termination of Contract
Either
party may terminate this contract at any time, upon presentation of a 30 day
notice given to the other party. Amounts due and options purchases of shares
will be delivered when calculated on a pro-rata to the time elapsed since the
last payment or the last delivery of stock options.
5.00
GENERAL PROVISIONS
Unless
specific provision to the contrary in this Agreement, the following provisions
apply.
5.01
Force Majeure
Neither
party can be considered in default under this contract if the performance of its
obligations in whole or in part is delayed or prevented by following a force
majeure situation. Force majeure is an external event, unforeseeable,
irresistible and it absolutely impossible to fulfill an obligation.
5.02
Severability
The
possible illegality or invalidity of an article, a paragraph or provision (or
part of an article, a paragraph or provision) does not in any way affect the
legality of other items, paragraphs or provisions of this contract, nor the rest
of this article, this paragraph or provision unless a contrary intention is
evident in the text.
5.03
Notices
Any
notice to a party is deemed to have been validly given if in writing and sent by
registered or certified mail, by bailiff or by courier to such party at the
address listed at the beginning of this contract or any other address that the
party may indicate a similar notice to another party. A copy of any notice sent
by mail must be sent by one mode of delivery mentioned above.
5.04
Titles
The
headings used in this contract are only for reference and convenience only. They
do not affect the meaning or scope of the provisions they
designate.
3
5.05
No Waiver
The
inertia, neglect or delay by any party to exercise any right or remedy under
this Agreement shall in no way be construed as a waiver of such right or
remedy.
5.06
Rights cumulative and not alternative
All the
rights mentioned in this Agreement are cumulative and not alternative. The
waiver of a right should not be construed as a waiver of any other
right.
5.07
Totality and entire agreement
This
contract represents the full and entire agreement between the parties. No
statement, representation, promise or condition not contained in this agreement
can and should be allowed to contradict, modify or affect in any manner
whatsoever the terms thereof.
5.08
Contract Amendment
This
contract may be amended only by a writing signed by all parties.
5.09
Gender and Number
All words
and terms used in this agreement shall be interpreted as including the masculine
and feminine and singular and plural as the context or meaning of this
contract.
5.10
Assignable
Neither
party may assign or otherwise transfer to any third party or of his rights in
this contract without the prior written permission of the other party to that
effect.
5.11
Computation of time
In
computing any period fixed by the contract:
a) the
day that marks the starting point is not counted, but the terminal
is;
b)
non-juridical days (Saturdays, Sundays and holidays) are counted;
c) when
the last day is not legal, the deadline is extended to the next juridical
day.
5.12
Currencies
All sums
of money under this contract refer to Canadian currency.
5.13
Applicable Laws
This
contract is subject to the laws of the Province of Quebec, Canada.
5.14
Election of domicile
The
parties agree to elect domicile in the judicial district of Montreal, Province
of Quebec, Canada, and chose it as the appropriate district to hear any claim
arising from the interpretation, application, performance, the entry into force,
validity and effect of this contract.
5.15
Copies
When
initialled and signed by all parties, each copy of this contract shall be deemed
an original, but these examples do not reflect all one and the same
agreement.
5.16
Scope of Contract
This
contract binds the parties and their successors, heirs and assigns,
respectively.
4
5.17
Solidarity
If a
party consists of two or more persons, they are forced and severally liable to
the other party.
5.18
Time is of Essence
If a
party must fulfill an obligation under this contract within a specified time,
the passage of time will effectively be part of this notice.
6.00
EFFECTIVE DATE OF CONTRACT
This
Agreement shall enter into force September 01, 2009.
SIGNED BY
TWO (2) copies,
IN XXX
XXXX XX XXXXXXXX, XXXXXXXX XX XXXXXX,
DATED: December
01, 2009.
/s/ Xxxxx
Xxxxxx
ANTICUS
INTERNATIONAL CORPORATION
______________________________
WITNESS
XXXXXX
XXXXXXX
/s/ Xxxxxx
Xxxxxxx
______________________________
WITNESS
5