SALES CONSULTING AGREEMENT
This Consulting Agreement is made on this 27th day of May 2004.
BETWEEN
Xxxxx Xxxxxxx, a Consultant having his mailing address at C/O Maximum Dynamics,
Inc. Xxxx 0, Xxxxxxx Xxxx, Xxxxxxxxx, 0000, Xxxxx Xxxxxx; Xxxx Richfield, having
her mailing address at XX Xxx 000, Xxxxxxx, XX 00000; Xxxx Xxxxxx, having his
mailing address at 0000 Xxxxxxx Xxxxxx, Xxxxxx, XX 00000; Xxxxx Friester, having
his address at 00 Xxxxxxxx Xxxx, Xxxxxxxx, Xxxxxxxxxxx, Xxxxxxx Xxxx, Xxxxx
Xxxxxx; Xxxxxxx Xxxxxx, having his address at C/O Maximum Dynamics, Inc. Xxxx 0,
Xxxxxxx Xxxx, Xxxxxxxxx, 0000, Xxxxx Xxxxxx; Xxx Richfield, having his address
at 0000 Xxxxxxxx Xxxx, Xxxxx 000, Xxxxx Xxxxxx, XX 00000; Motsamai Nduna, a
Consultant having his mailing address at 0 Xxxxxxxx Xx, Xxxxxx Xxxxxx, Xxxxx
Xxxxxx; and Xxxxxxx van Wyk, having his mailing address at 22 Boschendal
Terraces, Boschendal Road, Van Riebeeckshof, Bellville, Western Cape, South
Africa. The above listed Consultants shall be referred to collectively hereafter
as "Consultants" or individually as "Consultant".
AND
Maximum Dynamics, Inc., having its office at 0 Xxxxx Xxxxxxx Xxxxxx, Xxxxx 0000,
Xxxxxxxx Xxxxxxx, Xxxxxxxx, 00000.
WHEREAS
WHEREAS, CONSULTANTS provide business development services, management
consulting, sales management, financial consulting, project management, and
project administration services; and,
WHEREAS, Company wishes to engage the services of CONSULTANTS;
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the parties hereto agree as follows:
DURATION
This agreement commences on May 27, 2004 and will be effective until November
27, 2004, as per the terms listed herein. Thereafter it shall be reviewed for
further extension on mutually agreeable terms.
FINANCIAL
CONSULTANTS shall be paid for services as set forth in Exhibit A. The fees to be
paid shall be paid with shares of registered S-8 shares of Common Stock of
Maximum Dynamics, Inc. and shall be priced at a twenty percent (20%) discount to
today's bid of $0.16 per share. The number of shares and issued to each
CONSULTANT as payment for services is set forth in Exhibit A.
BINDING
This Agreement and the certificates and other instruments delivered by or on
behalf of the parties pursuant hereto constitute the entire agreement between
the parties. The terms and conditions of this Agreement shall inure to the
benefit of and be binding upon the respective heirs, legal representatives,
successor and assigns of the parties hereto, as the case may be.
APPLICABLE LAW
This Agreement is made pursuant to, and will be governed by, and construed and
enforced in accordance with, the laws of South Africa.
TERMINATION
If this agreement is terminated previous to November 27, 2004, the CONSULTANT
shall keep one twelfth (1/12) of the shares received as payment for every month
CONSULTANT was retained.
ACCEPTED
FOR MAXIMUM DYNAMICS
BY:___________________________ DATE:
Xxxxxx Xxxxxxx, CFO
For CONSULTANT
BY:________________________ DATE:
Xxxxx Xxxxxxx
BY:________________________ DATE:
Xxxx Richfield
BY:________________________ DATE:
Xxxx Xxxxxx
BY:________________________ DATE:
Xxxxx Friester
BY:________________________ DATE:
Xxxxxxx Xxxxxx
BY:________________________ DATE:
Xxx Richfield
BY:________________________ DATE:
Motsamai Nduna
BY:________________________ DATE:
Xxxxxxx van Wyk
EXHIBIT A
The following sets forth the services to be rendered by each Consultant, the
fees for such services and the number of S-8 shares to be issued as payment.
Consultant Services Fees Shares
---------- -------- ---- ------
Xxxxx Xxxxxxx SIMDupe sales and project management $2,560 20,000
Xxxx Richfield Volunteer and Intern program management $9,600 75,000
Xxxx Xxxxxx TagNet and MPOS sales in Mexico and US $22,400 175,000
Xxxxx Friester Technology solutions sales (systems integr.) $11,200 87,500
Xxxxxxx Xxxxxx Sales and biz development Botswana & Kenya $12,800 100,000
Xxx Richfield Sales and biz development all biz units $12,800 100,000
Motsamai Nduna Technology solutions and hardware sales $4,800 37,500
Xxxxxxx van Wyk Contracts closure and sales management $11,520 90,000