XXXXXX X. XXXXXXXXXX, P.C.
ATTORNEY AT LAW
0000 Xxxxx Xxxxxxxx Xxxxxx
Xxxxx 0000
Xxxxxx, Xxxxxxxx 00000
(000)000-0000
Fax: (000)000-0000
FEE AGREEMENT
The law firm of XXXXXX X. XXXXXXXXXX, P.C. agrees to represent ShareCom,
Inc. to render expert tax and corporate advice and various ongoing legal
services, excluding any securities law advice or services. I recognize my
professional obligation to provide you with high quality legal services. An
integral component of my standards is my obligation to keep you informed of
all significant developments in this matter.
As standard practice, I like my clients to understand and agree with the
financial aspects of our professional relationship in order that no
misunderstandings arise at a later date. My firm's policies are set forth
below.
A. Determining the Fee
According to the rules which govern the professional conduct of lawyers,
fees are to be determined on the bases of time spent, skill and experience,
the results obtained, the time limitations imposed by the client or by the
circumstances, the nature and length of the professional relationship with
the client and whether the fee is fixed or contingent.
Generally, these fees are calculated primarily based on minimum hourly
rates for the lawyer or legal assistant involved. The current billing rate
for my time is $225 per hour and the current billing rate for my assistant's
time is $75 per hour. In lieu of hourly fees, I shall receive 53 shares of
ShareCom, Inc. In addition, as a result of the post-transaction with
Anonymous Data Corp., I shall receive 150,000 shares of Anonymous Data Corp.,
which shares shall be registered under a Registration Form S-8, for all
services rendered thirty (30) days after the closing of the transaction.
My legal assistant may do some of the work. Although she is not a
lawyer, she has undergone substantial training to enable her to perform
certain kinds of services that would otherwise need to be performed by
lawyers. All work performed by my legal assistant is supervised by me. The
use of my legal assistant allows us to deliver quality legal services to you
at a lower cost.
B. Retainer
No retainer fee shall be paid.
C. Costs
The client agrees to pay all costs expended on the client's behalf which
may include court fees, long distance phone calls, service of process fees,
deliveries, travel expenses, fax and copy machine charges and a variety of
others. It is understood that while acting as your lawyer, I have the
authority to use my best judgment in making such expenditure on your behalf.
D. Periodic Billings for Legal Services, Terms of Payment and
Collection Charges
Unless we have made other arrangements, it is my policy to send
statements for legal services on a monthly basis. These are generally mailed
at the first of the month following the latest date covered in the statement.
Fees and/or costs are due and payable no later than 30 days from the date of
billing.
It is my practice to bill clients for services on a monthly basis. The
statements which will be sent to you after the end of each month will include
a summary of the legal services and the client costs incurred during the
month. I would appreciate payment for services and expenses within thirty
(30) days from receipt of each statement. Subsequent bills will carry an
interest charge at the rate of eighteen percent (18%) annually. If the
nature of the matter is such that we anticipate substantial advances, we will
require a separate deposit for such purposes. Also, substantial individual
terms such as expert witness fees, the costs of deposition transcripts,
printing costs, etc. may be billed directly to you by the vendor or such
services. If collection efforts become necessary on any statement, my firm
will be entitled to the costs of collection, including reasonable attorney
fees.
Client grants attorney a lien on all claims in which attorney represents
client under this agreement, for any sums due and owing to attorney at the
termination of attorney's services. This lien will attach to any money or
property recovered by client. Attorney shall also have a lien on client
records, money, or property in attorney's possession for any sums due and
owing to attorney at the termination of attorney's services.
E. Client's Duties
Client agrees to tell attorney the truth, to cooperate with attorney, to
keep attorney informed of any developments that are relevant to the case, to
faithfully comply with this agreement, to pay attorney's fees on time, and to
keep attorney advised of client's address and telephone number and any
changes of such address or telephone number.
F. Termination and Withdrawal
Client may terminate this agreement at any time. Attorney may withdraw
from the case with client's consent or without client's consent for good
cause, such as failure to comply with client's duties as provided above,
refusal to pay any increased rates for hourly rates, costs, and expenses,
failure to follow attorney's advice on any matter material to client's case,
or if circumstances arise that would render attorney's continuing
representation unlawful or unethical.
Upon the termination of attorney's services, whether terminated by
client or by attorney, all unpaid charges shall immediately become due and
payable to attorney. Attorney will likewise deliver to client all records of
the case and all property of client in attorney's possession, except those
subject to any lien.
G. Disclaimer of Guarantee
Attorney will use attorney's best efforts in representing client but
makes no promises or guarantees regarding the outcome of client's case.
Attorney's comments regarding the outcome of the case are mere expressions of
opinion. Neither does attorney guarantee any time frame within which client's
case will be resolved.
H. Non-completion
The firm retains the right to withdraw from the case at any time without
notice. Any fees paid by the client shall be returned, less a reasonable
amount for services rendered. The client retains the right to terminate the
employment of the firm at any time without notice.
I. Additional Provisions
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THIS FEE AGREEMENT IS AGREED TO AND GUARANTEED By:SHARECOM
INC.
AGREED TO THIS 4th day of September, 2001.
/s/ Xxxx Xxxxxxxx
_____________________________________
Xxxx Xxxxxxxx
XXXXXX X. XXXXXXXXXX, P.C.
By:/s/ Xxxxxx Xxxxxxxxxx
XXXXXX X. XXXXXXXXXX, #9003
