EMPLOYMENT AND FEE AGREEMENT
THIS AGREEMENT made this 2nd day of May, 2001, by and between OAK TREE
MEDICAL SYSTEMS, INC. (hereinafter "CLIENT") with a mailing address of 0000
Xxxxx Xxxxxxx, Xxxxxxxx, XX 00000 and telephone number of (000) 000-0000 and
XXXXXXX X. XXXXXX, P.A., (hereinafter ATTORNEY).
1. CLIENT retains ATTORNEY to represent CLIENT as Attorney at Law
regarding Corporate/Securities related matters and authorizes and empowers
ATTORNEY to do all things reasonably necessary to complete corporate and
securities transactions with CLIENT'S consent (other than in connection with
capital raising transactions) and agrees to retain attorney for the services
rendered on the following terms and conditions:
a. On the basis of the time expended by ATTORNEY, a retainer shall
consist of 25,000 shares of common stock of Oak Tree Medical
Systems, Inc. All referenced shares shall be registered pursuant
to a Registration Statement on Form S-8.
b. CLIENT shall also be responsible for costs incurred including, but
not limited to, long distance phone calls, transcripts,
photocopies, postage, filing fees, and costs of newspaper
publications. Advanced costs that are not expended during the
course of the representation are to be returned to the client at
the conclusion of the representation, unless ATTORNEY and CLIENT
agree otherwise in writing.
2. ATTORNEY will render a final statement for services rendered and
costs incurred. If CLIENT disagrees with any charge for fees or costs, CLIENT
must notify ATTORNEY in writing within ten (10) days after the date of mailing.
Otherwise, all charges are agreed by CLIENT to be approved and accepted. All
bills are due when rendered.
3. CLIENT understands and agrees that ATTORNEY has made no
guarantee regarding the successful outcome or termination of the engagement and
all expressions pertaining thereto are matters of opinion. Should it be
necessary to institute legal proceedings for the collection of any part of the
ATTORNEY'S compensation or costs as set forth above, then CLIENT agrees to pay
all court costs and reasonable attorneys fees with regard to the collection of
same.
IN WITNESS WHEREOF, the parties have executed this Agreement the date
first mentioned above.
ACCEPTED:
Xxxxxxx X. Xxxxxx, P.A. Oak Tree Medical Systems, Inc.
By: /s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxxx Xxxxxx
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ATTORNEY Xxxxx Xxxxxx, CEO
