Exhibit 99.1
AGREEMENT
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Made this day of March 28, 2003, by and between Advanced Plant Pharmaceuticals,
Inc (hereinafter "APPI" or "The Company") with principle offices located at 00
Xxxx 00xx Xxxxxx, Xxxxx 000 Xxx Xxxx XX. 10001, and Xxxxxx Xxxxx (hereinafter
"Consultant") an individual residing at 000 Xxxxx Xxxxx, Xxxxxxxxxxx, X.X.
00000.
WHEREAS: APPI has developed a line of dietary supplements and natural products
(hereinafter "Products"), and wishes to have the Consultant introduce Products
to potential Scientific Directors and Marketing Partners having the ability to
conduct clinical trials and market approved Products worldwide.
WHEREAS: The Consultant has represented that he is capable of providing
expertise and advice in assisting APPI in achieving its goals as set forth
above, now, therefore it is
AGREED, between the parties as follows:
1. SERVICES. Consultant will introduce to APPI all potential Scientific
Directors and Marketing Partners who have the resources and ability to
conduct clinical trials and market approved Products worldwide.
2. COMPENSATION. APPI will immediately upon the execution of this agreement
begin the process of issuing to the Consultant 7,000,000 (seven million)
shares of its free trading common stock to be issued under an S-8
registration, and 8,000,000 (eight million) shares of its restricted common
stock common stock of APPI as compensation for the above services.
3. GOVERNING LAWS. The validity, interpretation and performance of this
Agreement and any dispute connected herewith shall be governed and
construed in accordance with New York State laws, without reference to its
conflict of law principles. Any disputes arising in regard to the
provisions of this Agreement shall be settled amicably through mutual
consultation between the two parties. Any disputes not settled through
mutual consultation as stipulated in the proceeding sentence shall be
finally settled by the New York State Arbitration Court.
4. ENTIRE AGREEMENT. This Agreement, constitutes the entire agreement between
APPI and the Consultant. This Agreement supersedes any prior or existing
contract or arrangement by and between APPI and the Consultant.
5. COUNTERPARTS. This Agreement may he executed in any number of separate
counterparts, each of which shall be deemed to be original but which
together shall constitute one in the same instrument.
IN WITNESS WHEREOF, THE PARTIES HAVE CAUSED THIS AGREEMENT TO BE EXECUTED AS OF
THE DAY AND YEAR FIRST ABOVE WRITTEN BY THEIR RESPECTIVE AUTHORIZED OFFICIALS.
Advanced Plant Pharmaceuticals, Inc.
BY___________________________ BY________________________
MR. XXXXX XXXXXXXXX XXXXXX XXXXX
TITLE: PRESIDENT
DATE:________________ DATE:__________________
