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EXHIBIT 10.60
[BullsEye Marketing, Inc. Letterhead]
July 13, 1998
BullsEye Marketing, Inc.
Consulting Agreement
This Financial Consulting Agreement is made the 10th day of July 1998 by and
between Princeton Dental Management (the "Company") and BullsEye Marketing, Inc.
(the "Consultant").
Preamble
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Whereas the Company desires to engage Consultant as an independent contractor
and Consultant desires to render services to Company as an independent
contractor on the conditions and terms hereinafter set forth:
Consultant's Services
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Consultant will provide the Company consulting services in connection with the
following matters:
* Use our best efforts to assist Princeton Dental Management Corporation in
the exercising of outstanding publicly-held warrants.
A. Assist the Company through introductions to high end money
managers and investment bankers.
B. Assist the Company in building market awareness of the Company
through introductions to qualified industry analysts.
* Use our best efforts to induce brokerage firms to consider the Company's
securities as appropriate investments for their retail clients.
A. Consultant will send qualified self-generated leads to approved
brokers.
* Recruit and supervise a graphic design firm acceptable to the Company's
Board of Directors, to assist the company in the design and production of
their corporate information in a well organized media kit.
The Company's Responsibility
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1. The Company shall supply the Consultant on a regular and timely basis
with all approved data and information about the Company, its management,
its products, and its operations and the Company shall be responsible for
advising the Consultant of any fact which would affect the accuracy of any
prior data and information supplied to the Consultant.
2. Consultant, in the absence of notice in writing from the Company, may
rely on the continuing accuracy of material information and data supplied
by the Company.
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Terms of Engagement
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1. Appointment. The Company hereby appoints, retains and employs Consultant
on the terms and conditions of this agreement. Consultant
accepts such appointment and agrees to perform services upon
the terms and conditions of this agreement and in full
compliance with law, including all applicable state and
federal security laws. Consultant in no sense is authorized
to speak for the Company or to oblige the Company in any
manner whatsoever. Consultant shall not distribute or
release any literature or information that has not been
pre-approved in writing by the Company. Consultant agrees
to indemnify Company and hold Company entirely harmless for
any loss, damage or cause of action arising in any way out
of Consultant's actions in distributing or releasing
literature or information that has not been pre-approved in
writing by the Company.
2. Term. The terms of this agreement shall commence upon the signing
and shall automatically renew subject to termination on a
month to month basis.
3. Fee. A: The sum of $1,000.00 paid at monthly intervals during
the course of this agreement. The fee for the month in
which this agreement commences shall be prorated and,
thereafter, the fee for successive months during the
course of this agreement is to be paid at the beginning
of each new month.
B: Reasonable expenses not to exceed $250.00 per month to
be paid Consultant after provision by Consultant to
Company of itemization and supporting bills therefor.
4. Options. A: 250,000 options are to be issued to BullsEye Marketing,
Inc. within thirty (30) days of the commencement of
this Agreement.
B: These options shall be execrable for a period of six
(6) months from the commencement of this Agreement and,
at the sole and exclusive option of the Company, no
matter how arbitrary, may be extended for additional
periods of six (6) months.
C: These options are execrable at the same exercise price
and terms as the current underlying publicly-held
warrants.
D: In the event that the Company reduces the exercise
price on said publicly-held warrants, the price of the
issued options will be matched.
This agreement may be terminated at any time at the sole and exclusive option of
the Company, no matter how arbitrary.
BullsEye Marketing, Inc., by: Princeton Dental Management Corporation, by:
/s/ Xxxx X. Xxxxxx /s/ Xxxxx Xxxxxxx Xxxxxx
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Xxxx X. Xxxxxx, President Xxxxx Xxxxxxx Xxxxxx, CEO
Date: 07-13-98 Date: 7/14/98
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