EXHIBIT 10.3
PROFESSIONAL SERVICES AGREEMENT
This Agreement is made between Tri-Lite Inc. with its place of business at
00000 Xxxxxxxx Xxxxxx, Xxxxxx Xxxxx, Xxxxxxxxxx (herein referred to as "Client")
and Xxxxxx Xxxx, Esq., c/o Law Offices of Xxxxxx Xxxx, (herein referred to as
"Employee"), as of August 1, 1999. In consideration of the mutual covenants
contained herein and other valuable consideration, the receipt and adequacy of
which is acknowledged, the parties do hereby agree as follows:
I. QUALIFICATIONS: The Employee has special skill and experience in
certain fields of activity in which the Client is interested.
II. SERVICES RENDERED: Client engaged the nonexclusive services of
Employee for the period through July 31, 1999, and Employee has
rendered substantial services to Client over the period as agreed
upon.
III. COMPENSATION: The Client shall grant to Employee as of the date of
this Agreement, an amount of 80,000 restricted shares of the Client's
common stock in full payment of services rendered. This grant of
shares is considered earned to Employee as of July 31, 1999. Client
shall register such shares with the Securities Exchange Commission on
Form S-8 as soon as is practical.
IV. ENTIRE AGREEMENT: This document represents the complete agreement
between the parties and may be modified or amended only by duly
executed written agreements. This Agreement shall be construed in
accordance with the laws of the State of California.
IN WITNESS WHEREOF: The parties hereto have duly executed this Agreement as
of the day and year noted above.
"Client" "Employee"
Tri-Lite Inc. Xxxxxx Xxxx, Esq.
By: By:
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Its: Its:
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