4.1.2
CONSULTING AGREEMENT BETWEEN ZKID NETWORK AND XXXXX XXXXX
This agreement dated February 1, 2005, is between ZKid Network Co, a Nevada
Corporation with it's principal business address at 000 Xxxxxx Xxxx, Xxxxx 000,
Xxxxxxxxxx, XX.00000 (hereinafter "The Company" and Xxxxx Xxxxx Chief of
Technology for ZKid Network Co.
In consideration of the mutual covenants herein and intending to be a legally
bound hereby, the parties agree to the following:
1) This agreement is for a 1 year duration beginning on February 1, 2005 and
ending February 1, 2006. At the end of the year, the agreement can be amended
for additional time.
2) ZKid Network Co. hires Xxxxx Xxxxx as an independent consultant for
technology issues in regard to the running of the ZKid Network Co. Internet
network.
3) "The Company" agrees to pay Xxxxx Xxxxx with unrestricted freely tradable
"Company" stock every quarter approximately every 90 days. In exchange for his
"Consulting Fee" Xxxxx Xxxxx will deliver to "The Company" all his expertise on
all technology issues concerning ZKid Network Co.
4) "The Company" will make up any shortfall of payment if the stock price dips
to a lesser amount than was originally anticipated. Also, if the stock price
increases in value than Xx. Xxxxx will take that as credit to his next pay
period.
5) As of now Xx. Xxxxx bills ZKid Network Co. an hourly rate of $85 dollars per
hour. At times an estimate of hours will be given for future work to be done,
and again shortfalls and credits to the "The Company" will be adjusted
6) Independent consultant is held to a strict confidentiality agreement between
himself and "The Company." All source codes, technology and marketing agreements
remain under a strict confidentiality agreement between "The Company" and the
consultant.
INTENDING TO BE LEGALLY BOUND, the parties have caused this Agreement to be
executed by their duly authorized representatives on this 1st day of February
2005.
COMPANY: CONSULTANT:
ZKid Network Co.
/s/ Xxxxxx Xxxxxxxx /s/ Xxxxx Xxxxx
------------------------- -------------------------
Xxxxxx Xxxxxxxx Xxxxx Xxxxx
CEO Chief Technology Consultant
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