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EXHIBIT 10.30
CONSULTING AGREEMENT
The Consulting Agreement ("Agreement") is entered into this 1st day of April,
1998 and sets forth the understanding which has been reached between Xxxxx,
Xxxxx & Associates (the "Consultant") and Bikers Dream, Inc. (the "Company")
concerning certain consulting services.
I. PURPOSE: The Company hereby engages the Consultant for a minimum
two year term, effective 4/1/98, to render consulting advice to
the Company.
II. DUTIES OF THE CONSULTANT: During the term of the Agreement, the
Consultant shall use its best efforts to provide the Company
with such regular and customary management consulting as is
reasonably requested by the Company consistent with the
foregoing.
A. The Consultant's duties will include:
1. Assisting the Company in its efforts to raise
capital, formulating structures, introductions
to investment bankers, and negotiating deal
terms.
2. Providing industry research on the overall
motorcycle industry.
3. Such other capacity as reasonably requested by
the Company.
III. COMPENSATION AND TERMS: In consideration for the services
rendered by the Consultant to the Company pursuant to this
Agreement, the Company shall compensate the Consultant as
follows:
A. $4,900 per month for 2 years.
B. 25,000 warrants exercisable @ $4.00.
IV. THE CONSULTANTS SERVICES TO OTHERS: The Company acknowledges that
the Consultant and its affiliates are in the business of providing financial
services and consulting advice to others. Nothing herein shall be construed to
limit or restrict the Consultant in conducting such business with respect to
others, or in rendering such advice to others.
V. INDEMNIFICATION: The Company shall indemnify and hold Consultant
harmless to the fullest extent usual and customary in relationships of this
nature.
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VI. THE CONSULTANT AS INDEPENDENT CONTRACTOR: The Consultant shall
perform its services under the Agreement as an independent contractor and not as
an employee of the Company or an affiliate thereof.
VII. APPLICABLE LAW: The Agreement will be governed by and construed
under the laws of the state of New York.
The undersigned concur with the matters set forth in the foregoing
Agreement.
XXXXX, XXXXX & ASSOCIATES
By: /s/ Xxxx Xxxxx
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Xxxx Xxxxx
BIKERS DREAM, INC.
By: /s/ Xxxx Xxxxxxxx
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Xxxx Xxxxxxxx
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