CONFLICT OF INTEREST AGREEMENT
EXHIBIT 10.1
CONFLICT OF INTEREST AGREEMENT
This AGREEMENT dated the 1st day of September 2016, by and between Allegro Beauty Products, Inc. (hereinafter “ABP”), a Nevada corporation, with offices located at 0000 00xx Xxxxxx, Xxx Xxxxx, Xxxxxxxxxx 00000 and Xxxxxxx Xxxxxx, an individual whose address is 0000 00xx Xxxxxx, Xxx Xxxxx, Xxxxxxxxxx 00000.
Xxxxxxx Xxxxxx is President and Chief Executive Officer of ABP.
The parties hereto agree and acknowledge that by virtue of Xxxxxxx Xxxxxx’x other business activities as described in ABP’s Form S-1 Registration Statement, certain potential conflicts of interest may arise.
In an effort to resolve such potential conflicts of interest, ABP enters into this written agreement with Xxxxxxx Xxxxxx:
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Any business opportunities that Xxxxxxx Xxxxxx may become aware of independently or directly through her association with ABP will be presented by her solely to ABP;
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Any business opportunities disclosed to Xxxxxxx Xxxxxx by the management of other entities will not be presented by her to us if so requested by them;
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Any business opportunities disclosed to Xxxxxxx Xxxxxx by ABP will not be presented by her to any other entity, unless and until ABP has passed upon the same; and
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In the likely event that the same business opportunity is presented to Xxxxxxx Xxxxxx by us and any other business entity, she shall only render her services to the business entity that first disclosed such business opportunity to her.
The above constitutes the entire Agreement between the parties hereto.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the 1st day of September 2016.
ALLEGRO BEAUTY PRODUCTS, INC.
/s/ Xxxxxxx Xxxxxx |
By: Xxxxxxx Xxxxxx, President, CEO, Principal Executive Officer, Treasurer, Chairman, Principal Financial Officer and Principal Accounting Officer |
XXXXXXX XXXXXX, INDIVIDUALLY
/s/ Xxxxxxx Xxxxxx |
Name: Xxxxxxx Xxxxxx |
