Exhibit 99.1 Consulting Agreement, dated September 1, 2001, by and between
Byzantium, Inc. and the Registrant.
BYZANTIUN, INC.
X.X. XXX 000
Xxxxxxx, XX 00000
CONSULTING AGREEMENT
This Consulting Agreement (the " Agreement") is entered into this 1st day of
November 2002 by and among Torchmail Communications, Inc. (the "Company")
and Byzantium, Inc. (the "Consultant).
Whereas, the Consultant is skilled in providing business consulting services,
and had provided such services to the Company in the past and will continue to
provide such services in the future;
WHERAEAS, the Consultant will provide approximately $25,000 in services to
the Company;
NOW THEREFORE, in consideration of the mutual covenants contained herein
and other good and valuable consideration receipt whereby acknowledged it
is agreed:
1. The company hereby has engaged the consultant for business
consulting services and wishes to pay consultant and has agreed to
payment of fees due for services already rendered through issuance of
stock.
2. In consideration of services already provided and to be provided through
January 31, 2002, the Company agrees to pay $25,000 for services of the
consultant. The consultant agrees to accept in full payment, 400,000 shares
of common stock of the Company (par value .001) in lieu of cash payment.
3. The Company will register all the compensation shares pursuant to a
Registration statement on Form S-8
4. Except as otherwise provided herein, any notice or other communication to
any party pursuant to or relation to this agreement and the transactions
provided for herein shall be deemed to have been given or delivered when
deposited in the United States Mail, registered or certified, and with
proper postage and registration or certification fees prepaid, addressed at
therein principal place of business or to such address as may be designated
by either party in writing.
5. This Agreement shall be governed by and interpreted pursuant to the laws of
the State of New Jersey. By entering into this Agreement, the parties to
the jurisdiction of the New Jersey courts with venue in Bergen County,
New Jersey. In the event of any breach of this Agreement, the prevailing
party shall be entitled to recover all costs including reasonable attorney's
fees.
6. This Agreement may be executed in any number of counterparts, each of which
when so executed and delivered shall be deemed an original, and it shall not
be necessary in making proof of this Agreement to produce or account for
more than one counterpart.
IN WITNESS WEHEREOF, the parties hereto have subscribed their hand and seals the
day and year first written.
CONSULTANT: COMPANY:
BYZANTIUM, INC Torchmail Communications, Inc.
By:/s/ Xxxx X. Xxxxxxxx By: /s/ Xxxxxx X. Xxxxx
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Xxxx X. Xxxxxxxx Xxxxxx X. Xxxxx, CEO
President
