Consulting Agreement
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June 20, 2003
BETWEEN:
Weston Capital Partners, Ltd. of 34A 2755 Lougheed
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Xxx, #000 Xxxx Xxxxxxxxx, XX X0X 0X0
(Also hereinafter referred to as "WCP")
AND: Selectrics Corporation. 0000 00 Xxxxxx Xxxxxxxx, Xxxxxxx
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T6CF 1A2
WITNESS THAT WHEREAS:
1. This agreement is to outline the terms, responsibilities and remuneration
of Selectrics Corporation and WCP with respect to WCP assisting and
advising Selectrics Corporation with the process of getting listed on the
XXX.XX exchange in the United States.
2. LENGTH OF TERM: The length of the term of this agreement shall be six
Months (6 months).
3. REMUNERATION: WCP will be paid US $1,000.00 per month for a six month
period commencing on June 15, 2003. Selectrics Corporation will mail a
cheque or send US $1,000.00 by wire transfer to WCP. If Selectrics
Corporation is un-able to pay the US $1,000.00 on any given month it may
differ the payment. All fee's incurred by Selectrics Corporation must be
paid by January 1, 2004.
4. RESPONSIBILITIES: WCP will assist, consult and advise Selectrics
Corporation in every part of the process in getting Selectrics listed on
the XXX.XX exchange including pre-strategizing, structuring, reviewing
document, working with the attorney's, introductions to market maker's,
transfer agent's, electronic filing agents etc,.
5. BINDING: This agreement is binding for a period of six months (6 months).
Selectrics Corporation can decide to extend this agreement for a longer
period or terminate it's relationship with WCP after the six months period.
6. CONFIDENTIALITY/NON-CIRCUMVENTION: WCP could be privy to insider
information or confidential information with respect to Selectrics
Corporation's business. WCP agrees not to disclose any information about
Selectrics Corporation to any person or business or regulatory body with
out authorization of Selectrics Corporation during and after the term of
this agreement.
7. ONLY AGREEMENT: This agreement replaces any previous agreements verbal or
written between the Corporation and WCP.
This agreement shall be governed by the laws of the Province of Alberta, Canada
and is not assignable by the Selectrics Corporation or by WCP
WITNESS WHEREOF the parties have executed this agreement this 11th day of June,
2003 at Pt. Coquitlam, BC and Edmonton, Alberta.
/s/ Xxxxxx Xxxxxx
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Xxxxxx Xxxxxx (President of WCP)
/s/ Xxx Xxxxxxxxxxxx
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Xxx Xxxxxxxxxxxx (President of Selectrics Corporation)
