Exhibit 10.18
Consulting Agreement
This agreement made effective the 1st day of April, 1999
BETWEEN:
ThinWeb Software Incorporated
Xxxxx 000, Xxxxx 0
0 Xxxxxxx Xxxxx
Xxxxxx, Xxxxxxx X0X 0X0
hereinafter referred to as the ("Client")
AND:
X. X. Xxxxxxx & Co. Ltd.
000 Xxxxxx Xxxxxx
Xxxxxxx, Xxxxxxx X0X 0X0
hereinafter referred to as the ("Consultant")
1.0 Services
The Consultant shall provide guidance to Client (and any affiliates) on
financing, business strategy and corporate development matters including to
assist and represent the Client in financial negotiations, assist in locating
suitable board structure and membership, assist in locating and negotiating
with senior executive candidates, and such other similar activities as the
Client may direct.
Services of the Consultant shall be provided by Xxxxx Xxxxxxx.
2.0 Payment
Consultant will be paid a monthly retainer of $5,000 (five thousand dollars)
for performance of the services.
All Consultant expenses pre-approved by the Client will be reimbursed through
the Client's internal expense reimbursement process.
3.0 Term
This Agreement shall run month to month until terminated by either party upon
30 day's notice.
4.0 Proprietary Information
The Consultant will maintain all information obtained directly or indirectly
as a consequence of performing the Services in confidence, whether such
information is supplied by Client or has been created by the Consultant in
the course of its activities relating to the Services.
The Consultant will not, without Client' prior written consent, disclose such
information to others nor make any use of such information except hereunder.
In signing this Agreement, the parties have caused this Agreement to be
executed by their authorized representatives on the dates noted below:
Client Consultant
By: By:
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Authorized Signature Authorized Signature
Xxxxx Cappadocia Xxxxx Xxxxxxx
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Typed or Printed Name Typed or Printed Name
President and Chief Executive Principal
Officer
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Title Title
March , 2000 March , 2000
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Date Date
