EXHIBIT 10.2
CONSULTING AGREEMENT
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Made this 1 day of January, 2003
Between
Safe Mail International Ltd.,
Registration No. 414840
a Company duly incorporated under
the laws of the British Virgin Islands
(the "COMPANY")
and
Xx. Xxxxx Xxxxx,
I.D. _________
(the "CONSULTANT").
WHEREAS the Company wishes to hire the services of
the Consultant for the purpose of providing
consulting services to the Company; and
WHEREAS the Consultant warrants that he is able and
willing to perform his duties upon the terms
and conditions set forth in this Agreement;
NOW, THEREFORE, in consideration of the foregoing and the
mutual promises and covenants contained
herein, the parties hereto agree as follows:
1. ENGAGEMENT Subject to the terms and conditions of this Agreement, the Company
hereby engages the Consultant as a non-exclusive consultant to the Company in
the field of the business of the Company, as specified in Section 3 below and
the Consultant accepts such engagement.
2. DUTIES OF THE CONSULTANT The Consultant shall provide the Company with the
consulting services, for a limited period specified in Section 3 hereunder. The
consulting services, shall include, among others, the following services:
2.1. Consulting services in connection with the financing and funding,
distribution, marketing and/or selling of the Company's products; and general
managerial activities.
2.2. Any additional general consulting services in connection with the subject
matter mentioned in Section 1 above, as may be required by the Company from time
to time, (collectively, the "Consulting Services").
2.3. The Consultant shall not be entitled, under any circumstances, to undertake
on behalf of the Company and/or to bind the Company towards any third party in
any way whatsoever (unless a specific prior written consent has been given by
the Company).
2.4. The Consultant shall perform all the Consulting Services under this
Agreement personally.
2.5. The Consultant shall submit to the Company monthly, reports indicating and
detailing the hours worked by the Consultant, including detailed tasks performed
by the Consultant during such hours.
2.6. The Consultant shall perform the services at the Company's premises or at
any other location as the Company may decide from time to time. The Consultant
may be required to travel abroad, including for the purposes of attending at the
Company's potential customers, partners, distributors, etc.
2.7. The Consultant shall keep records of all work undertaken in relation to the
provision of the Consulting Services and, at the Company's request, shall make
them available for inspection and/or provide copies to the Company.
2.8. The Consultant warrants and undertakes that there is no legal, commercial,
contractual or other restriction, which precludes or might preclude the
Consultant from completely performing his obligations pursuant to the Agreement.
3. DURATION
3.1. This Agreement shall commence on January 1, 2003 and shall terminate on
December 31, 2005. Thereafter, either party may, for any reason whatsoever,
terminate this Agreement upon 90 days written notice to the other party.
3.2. Notwithstanding anything to the contrary herein contained, the Company
shall have the right to terminate this Agreement, with immediate effect, in the
event that the Consultant shall have breached this Agreement or any of his
duties under this Agreement and such breach shall not have been cured within 10
days of the date the Consultant shall have been notified of such breach. The
Consultant shall, immediately upon termination or expiration of this Agreement,
for any reason whatsoever, return to the Company all documents, CD's or other
magnetic media, letters, reports and any other material relating to the
Company's business, as well as any equipment and/or other property belonging to
the Company placed at his disposal, and shall delete any data relating to the
Company or its business from his computers.
4. CONSIDERATION
4.1. In consideration for the provision of the Consulting Services, the Company
shall pay the Consultant a monthly consulting fee of US$5,000, exclusive of VAT
for the period ending Dec 31 2003 and thereafter a monthly consulting fee of
US$6,500, exclusive of VAT (the "Consulting Fee").
4.2. Within 10 days after the end of each calendar month, the Consultant shall
furnish the Company with a tax invoice in respect of the Consulting Services
rendered during that month, together with the monthly report. The Company shall
pay the Consulting Fee to the Consultant not later than 15 days after receipt of
such invoice. The Consultant shall provide the Company with a receipt no later
than 7 days after the receipt of the Consulting Fee.
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4.3. The Consultant shall be entitled to reimbursement of any direct (out of
pocket) expenses actually incurred and paid in the rendering of the Consulting
Services, including communications (Cell phone telephone Internet) and car
allowance, such expenses shall be followed by a report of expenses, inclusive of
a tax invoice from the Consultant, shall have been submitted to the Company. In
the event that the Consultant is required to travel abroad, the Company shall
reimburse any direct (out of pocket) expenses, including flights and
accommodation.
4.4. The consideration detailed in this Section 4 shall be the Consultant's sole
compensation under this Agreement, and he (or any third party on his behalf)
shall not be entitled to receive any further compensation of any kind whatsoever
in connection with the performance of his duties under this Agreement.
5. CONFIDENTIALITY AND PROPRIETARY RIGHTS
5.1. The Consultant hereby expressly undertakes to maintain any information of a
confidential nature, of any kind, whether written or otherwise, related to the
Company and/or any of its affiliates and /or any of its products and/or services
(or any part thereof), the Company's business, or any part thereof
("Confidential Information") which has been, or will in the future be disclosed:
5.1.1. to the Consultant in the rendering of the Consulting Services to the
Company; or
5.1.2. under circumstances imposing an obligation of confidentiality, in strict
confidence at all times, and the Consultant shall not use Confidential
Information (or any part of it) in any manner, nor disclose, transmit, inform or
make available to any entity, person or body, any of the Confidential
Information except as provided herein.
5.2. The Consultant further undertakes to engage in all reasonable action
required to preserve and protect the Confidential Information and the Company's
rights to that information.
5.3. The Consultant hereby acknowledges the right, title and interest of the
Company in and to the Confidential Information. The Consultant shall not, at any
time, infringe, contest, dispute or question such right, title or interest or
aid others in doing so, directly or indirectly.
5.4. The disclosure to the Consultant of the Confidential Information or his use
of the Confidential Information under this Agreement shall not be construed in
any way as granting the Consultant any right or license with respect to the
Confidential Information other than the right to use same strictly in accordance
with the terms and conditions of this Agreement.
5.5. The Consultant hereby, and for no additional consideration, irrevocably
assigns, and undertakes to assign in the future, to the Company, all and any
right, title and interest in and to all inventions, developments, ideas, trade
secrets, professional secrets, innovations, Confidential Information, designs,
inventions and any other rights (whether patentable or unpatentable and whether
or not reduced to practice) made or discovered by the Consultant (or with the
Consultant) in the course, and/or as a result, of providing the Consulting
Services to the Company. The Company may protect any invention and/or patent
and/or trade secret and/or professional secret and/or innovation as
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aforesaid by way of registration and/or in any other manner. The costs
associated with any registration and or assignment contemplated by this Section
5 shall be borne by the Company.
5.6. The Consultant undertakes that, upon demand by the Company, on termination
of this Agreement for any reason whatsoever and for a period of 12 months
thereafter, he shall sign any document which, in the discretion of the Company
and/or those deriving title under it, is required in order to file an
application for patent or copyright protection (or any other intangible right
capable of registration), in order to protect the interests of the Company
and/or those deriving title under it in any invention and/or patent and/or trade
secret and/or profession secret and/or innovation as aforesaid.
5.7. The provisions of this Section 5 shall survive the termination of this
Agreement or the relations between the parties.
6. RESTRAINT OF TRADE The Consultant agrees that he shall not, during the period
of this Agreement and for a period of 12 months thereafter, whether alone or
jointly with others or as an agent, consultant or employee of any person, firm
or company, directly or indirectly, carry on or engage in any activity or
business which may be in competition (directly or indirectly), with the business
of the Company.
7. THE NATURE OF THE CONTRACTUAL RELATIONSHIP
7.1. The Consultant shall perform his undertakings hereunder as an independent
contractor, and there shall be no employee-employer relationship whatsoever
between him and the Company. The Consultant hereby irrevocably and expressly
waives any claim or demand in connection with Employer - Employee relationship,
and further declares that he acknowledges that the consideration agreed with the
Company under this Agreement is based upon his declaration and the absence of
such relationship.
7.2. The Consultant may not assign any or all of his rights under this Agreement
to another party, whether by contract, will or operation of law, without the
Company's prior written consent.
8. MISCELLANEOUS
8.1. This Agreement sets forth the entire agreement between the parties, and
supersedes any prior written or oral arrangements or understandings (except for
any signed Non Disclosure Agreement between the parties, if any). This Agreement
may not be amended or modified except in a written document signed by both
parties.
8.2. This Agreement shall be governed by the laws of USA. The courts of NY State
shall have exclusive jurisdiction over any dispute or matter in connection with
this Agreement.
8.3 Any notice required or permitted hereunder shall be given in writing and
deemed to have been duly given on the day of service, if served personally, or 5
(five) days after the date of mailing, if mailed by registered mail, postage
prepaid and addressed as follows:
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The Company: The Consultant:
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Tel________________ ____________________
Fax________________ ____________________
Signed on at
/s/ Xxxxxx Xxxx
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for the Company
(who warrants that he is
duly authorized thereto)
Signed on at
/s/ Xxxxx Xxxxx
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the Consultant
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