Exhibit 10.4
AGREEMENT
This Agreement is between S.C. Perfect Renaissance SRL and its sister companies,
located in Timisoara, Romania, represented by Xxxxx Xxxxxxxxxxx ("Perfect") AND
Techprojects International, Inc., a Delaware corporation with offices in
Aventura, Florida, represented by Xxxxxx X. Xxxxxxxxxx ("TPI").
Where Perfect wishes to acquire a United States corporation for the purpose of
marketing its products in the United States, making investments in or acquiring
related production facilities in the United States and possibly filing a
registration statement with the Securities and Exchange Commission so as to
become a public company and apply for a listing on one of the U.S. stock
exchanges, and
Whereas Perfect wishes to purchase machinery, equipment and materials in the
United States for its Romanian operations, and
Whereas Perfect requires various and sundry business services so as to improve
its operations in Romania and make them more efficient and profitable, and
Whereas TPI possesses knowledge and experience which may assist Perfect in these
endeavors,
It is agreed that Perfect herewith retains TPI to render such business
assistance and advice as may be required from time to time.
Perfect agrees to pay TPI a consulting fee of $7,500 per month payable in
arrears beginning on June 30, 1999 and every last of the month thereafter.
Additionally, Perfect will reimburse TPI for extraordinary expenses, including
but not limited to travel away from home base and purchases, provided however
that such extraordinary expenses are authorized beforehand by Perfect. TPI will
send monthly invoices to Perfect by fax for the agreed-upon monthly fee plus any
additional expenses and Perfect agrees to remit payment promptly by wire
transfer to TPI's bank account.
This agreement may be cancelled by either party by giving 90 days notice to the
other party in writing. Payment of all pending invoices is required before
cancellation goes into effect.
June 1, 1999
/s/ xxxxx Xxxxxxxxxxx /s/ Xxxxxx X. Xxxxxxxxxx
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Xxxxx Xxxxxxxxxxx Xxxxxx X. Xxxxxxxxxx
For the Perfect Renaissance Companies For Techprojects International Inc.
