Exhibit 10.5
CONSULTING SERVICES AGREEMENT
CONSULTING SERVICES AGREEMENT executed this 1st day of MAY, 2004, by and between
XXXXX INDUSTRIES LTD. ("XXXXX"), a British Columbia Corporation, with offices at
000 X. 0xx Xxxxxx, Xxxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxx and XXXXX XXXXX.
("XXXXX"), a Vancouver Businessman, (collectively the "Parties").
WHEREAS, XXXXX wishes to enter into a consulting services agreement with SIMON.
IT IS THEREFORE NOW AGREED AS FOLLOWS:
1. Effective May 1, 2004, Simon shall be hired as a consultant to XXXXX
for the purpose of assisting XXXXX in establishing accounts with
potential clients and negotiate new contracts.
2. The initial term of this agreement is for TWELVE (12) months and may
be extended upon mutual agreement of the parties hereto.
3. As compensation and in consideration for the SIMON services, XXXXX
shall remunerate SIMON, $4000.00 per month. This agreement may be
terminated in writing by either party with thirty (30) days notice.
4. SIMON shall not be required to devote his entire time and attention
to XXXXX business, but shall devote such time as is necessary to
properly carry out the duties for which he is being contracted.
5. SIMON shall be entitled to a business expense account allowance, to
cover all travel, entertainment and business expenses, which he
incurs on behalf of XXXXX. XXXXX shall maintain records to
substantiate this account allowance and provide a monthly expense
report.
6. This Agreement shall be construed to the laws of British Columbia,
Canada.
7. This Agreement supersedes all prior or contemporaneous oral or
written statements concerning the subject matter herein, and
represents the complete and final understanding between the parties
hereto. Any modification of this Agreement is ineffective unless
provided in writing and executed by all of the parties hereto.
8. SIMON acknowledges that he may not assign his rights or delegate his
duties or obligations under this agreement.
9. If a suit or action is instituted in connection with any controversy
arising out of this agreement, the prevailing party shall be
entitled to recover from the other party, in addition to costs, such
sums as the court may adjudge reasonable as attorneys fees,
including fees on appeal from a judgment, order or decree.
10. This agreement may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall
constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year
first written above.
/s/ XXXXX XXXXX
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XXXXX XXXXX
This 1st day of May, 2004.
/s/ XXXXX XXXXX
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XXXXX INDUSTRIES LTD.
Director: Xxxxx Xxxxx
This day 1st of May, 2004.
