EXHIBIT 10.1
LEGAL SERVICES PLAN
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THIS LEGAL SERVICES PLAN (the "Plan") is entered into as of June 3, 2002 by
and between XDOGS, Inc., a Nevada corporation with a principal address of 000
Xxxxx Xxxxxx, Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxxx 00000 ("Xdogs"), and Xxxxxxx X.
Xxxxxxx, 000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000, Xxxxxxxxxxx, Xxxxxxxxx 00000
("Xxxxxxx").
R E C I T A L S :
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WHEREAS, Xdogs is a public company in the business of selling branded
sportwear and whose common stock is quoted on the OTC bulletin board;
WHEREAS, Xxxxxxx is an attorney licensed in the State of Minnesota who has
provided, and proposed to continue to provide, general corporate legal services
to Xdogs;
WHEREAS, Xdogs desires to contract with Xxxxxxx for the provision of
ongoing legal services, which services shall not be in connection with the offer
or sale of securities in a capital-raising transaction and shall not directly or
indirectly promote or maintain a market for the Company's securities, by
issuance of shares of the Company's common stock in lieu of cash payment, such
shares to be unrestricted.
NOW, THEREFORE, it is mutually agreed by and between the parties as
follows:
In consideration of the performance by Xxxxxxx of the legal services
designated herein, Xdogs will issue Xxxxxxx 750,000 shares of Xdogs's common
stock (the "Shares"). These shares will be issued as soon as practicable
following execution of this Agreement and the filing of a Registration Statement
under the Securities Act of 1993, as amended on Form S-8 covering the shares.
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement on
the date first above written.
XDOGS, INC., a Nevada corporation
By: /s/ XXXX X. XXXXXXXXX
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Xxxx X. Xxxxxxxxx, President and Chief Executive Officer
By: /s/ XXXXXXX X. XXXXXXX
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Xxxxxxx X. Xxxxxxx, Service Provider