Exhibit 10.1
CONSULTING AGREEMENT
This Consulting Agreement (the "Agreement") is entered into this 9th
day of April 2000 is by and amongst TrimFast Group, Inc. (the "Company") and
Xxxxx Xxxxxx (The "Consultant").
WHEREAS, Consultant is skilled in providing legal
services, and has provided legal services to Company in the
past;
WHEREAS, the Company desires to continue to engage Consultant to
continue to provide legal services and the Consultant is expected to be called
upon to handle an increase role in litigation strategy; and
NOW THEREFORE, in consideration of the mutual covenants contained
herein and other good and valuable consideration receipt whereof is hereby
acknowledged it is agreed.
1. The Company hereby engages the Consultant and the Consultant hereby
accepts this engagement on a non- exclusive basis pursuant to the terms and
conditions of this Consulting Agreement.
2. Consultant shall handle defense litigation for the Company in
connection with product liability claims, breach of contract actions and such
other matters in the ordinary course of business.
3. In consideration of the services to be provided, Consultant shall
receive a fee equal to 30,000 shares of the Company's common stock.
4. The Company will register these shares pursuant to
a registration statement on Form S-8.
5. Except as otherwise provided herein, any notice or other
communication to any party pursuant to or relating to this Agreement and the
transactions provided for herein shall be deemed to have been given or delivered
when deposited in the United States Mail, registered or certified, and with
proper postage and registration or
certification fees prepaid, addressed at their principal place of business or to
such other address as may be designated by either party in writing.
6. This Agreement shall be governed by and interpreted pursuant to the
laws of the state of Florida. By entering into this Agreement, the parties agree
to the jurisdiction of the Florida courts with venue in Palm Beach, County
Florida. In the event of any breach of this Agreement, the prevailing party
shall be entitled to recover all costs including reasonable attorney's fees.
7. This Agreement may be executed in any number of counterparts, each
of which when so executed an delivered shall be deemed an original, and it shall
not be necessary, in making proof of this Agreement to produce or account for
more than one counterpart.
IN WITNESS WHEREOF, the parties hereto have subscribed their hands an
seals the day and year first above written.
CONSULTANT: COMPANY:
TRIMFAST GROUP, INC.
/S/XXXXX XXXXXX BY: /S/XXXXXXX XXXXX, PRES
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