COMPENSATION AGREEMENT
EXHIBIT
10.1
This
Compensation Agreement is dated as of November 29, 2006 by and between IGIA,
Inc. a Delaware corporation (the “Company”) and Xx.
Xxxx
X. Xxxxxxxx, Xx.
(the
“Consultant”).
WHEREAS,
the Company has requested the Consultant provide the Company with consulting
services in connection with their business, and the Consultant has agreed to
provide the Company with such consulting services; and
WHEREAS,
the Company wishes to compensate the Consultant with shares of its common stock
for such services rendered.
NOW
THEREFORE, in consideration of the mutual covenants hereinafter stated, it
is
agreed as follows:
1. The
Company will issue Twenty Million (20,000,000) shares of the Company’s common
stock, par value $0.001 per share, to the Consultant, subsequent to the filing
of a registration statement on Form S-8 with the Securities and Exchange
Commission registering such shares, as set forth in Section 2 below. The shares
to be issued shall represent partial consideration for services to be performed
by the Consultant on behalf of the Company.
2. The
above
compensation shall be registered using a Form S-8. The Company shall file such
Form S-8 with the Securities and Exchange Commission by December 15,
2006.
IN
WITNESS WHEREOF, this Compensation Agreement has been executed by the Parties
as
of the date first above written.
/s/
Avi Sivan
Avi
Sivan
Chief
Executive Officer
/s/
Xx.
Xxxx X. Xxxxxxxx, Xx.
Xx.
Xxxx
X. Xxxxxxxx, Xx.
