MULTI-MEDIA/CORPORATE IMAGING AGREEMENT
MULTI-MEDIA/CORPORATE IMAGING AGREEMENT
This Agreement is hereby entered effective this _______ day of _________ 2001 between GTMH Holdings (OTCBB: GTMH) the ("Client"), Xxxxx X. Xxxxxxxx and Xxxxx X. Xxxxx the ("Members").
RECITALS
Members are being retained by Client to create a Multimedia CD ROM, Corporate Imaging, Marketing Material ("New Product"), Phase One. Assist Client in the distribution and marketing, make reasonable effort to organize, produce and supervise corporate imaging, advertising and marketing, as approved by Client, Phase Two.
With respect to providing the services, Members agree to make itself available for reasonable amounts of time and upon reasonable notice, devote reasonable and good faith attention to Client's needs. Specific assignments, however, will be mutually agreed upon and may incur additional fees to the Client but not over the cost of $500 with out prior consent from Client. It is understood that Members do not perform investment advisory services and/or advise any person or entity to buy or sell the Client's stock. Members are providing bona fide services and is not directly or indirectly promoting or maintaining a market for the Client's securities.
"Statement of Work" which is attached, provides a descriptive outline of the "New Product".
1. INDEPENDENT CONTRACTOR STATUS
Members are acting as an independent contractor, and not as an employee or partner of the Client. As such, neither party has the authority to bind the other, nor make any unauthorized representations on behalf of the other.
2. COMPENSATION, PHASE ONE
Prior to beginning Phase One, (see "Statement of Work", attached), Client agrees to compensate Members One Hundred and Thirty Thousands (130,000) freely tradable shares in Clients stock. Upon satisfactory completion of Phase One, Client will sign "satisfaction of work form" (delivered to Client upon completion of Phase One). In addition, the Client shall reimburse Members for it's out-of-pocket expenses related to or regarding its efforts on behalf of the Client for including, but not limited to, telecommunication, travel, third-party advertising, production costs, postage and mail processing. It is mutually agreed by both parties that BIM needs Client approve for expenses over $500.
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3. COMPENSATION, PHASE TWO
Prior to beginning Phase Two, (see "Statement of Work", attached), Client agrees to compensate Members the sum of Twenty Thousand (20,000) shares of Client's freely tradable securities.
4. PAYMENT
Within five (5) business days of the signing of this Agreement, Client agrees to deliver to Members the initial sum of 130,000 freely tradable securities to begin Phase One of this Agreement. The shares should be issued as follows:
65,000 to Xxxxx X. Xxxxxxxx
65,000 to Xxxxx X. Xxxxx
Upon the completion of Phase One and once the balance of Twenty Thousand (20,000) freely tradable shares are delivered to Members (identical issuance of shares as above), Members will begin Phase Two. Once Client has proofed all work to be error free, any changes made after final proof will result in additional costs.
If the foregoing is agreeable, please indicate your approval by signing and dating below and returning by fax or mail.
Signed: _________________________ Signed: ________________________
Dated: __________________________ Dated: ________________________
Xxxxx X. Xxxxxxxx Title: ________________________
Member Company: ______________________
Signed: ________________________
Dated: _________________________
Xxxxx X. Xxxxx
Member
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"Statement of Work"
Below are the detailed services associated with performing Phase One and Phase Two as agreed to in this contract.
PHASE ONE
Due Diligence
Design review
Story Board CDROM
Gather content
Travel for Photo shoot and video production
One-page corporate fact sheet (blocks of 1,000) insert for case
Building of Mini CD ROM Business Cards (blocks of 1,000) specific to one product (Additional cards can be produced)
Label inserts for DVD Cases (blocks of 1,000)
Silk-Screen (blocks of 1,000) CD ROMS
Burning of CD ROM (blocks of 1,000)
PHASE TWO
Co-create Investment Marketing Plan
Assist in the dissemination and marketing of "New Product"
Organize, produce and supervise corporate imaging
Advertising and marketing of "New Product"
Build of Corporate fact sheet
Story Board Webmercia; 30 - 60 seconds in length
Create CD Cover
Create Logo
Create Insert Sleeve
Create Multimedia CD ROM to include Flash Application (blocks of 1,000)
Assist in marketing and distribution; domestic and global
Organize, produce and supervise corporate imaging
