EXHIBIT 10.6
CONTRACTUAL AGREEMENT
Date: 6/21/04
To: LEXINGTON RESOURCE
FROM: Xxxx Xxxx, Xxxx Xxxx & Co., Inc.
Xxxx Xxxx & Co., Inc. is a business and financial Publicity News Placement
Company. It is hired by the present client LEXINGTON RESOURCE INC. ,to package,
pitch and place credible, newsworthy feature news stories in national, regional,
local business investment and trade media outlets.
Xxxx Xxxx & Co., does not reveal when news stories will be published or aired
prior to them being made public. In keeping with our policy of strict news
professionalism, Xxxx Xxxx & Co., Inc., does not accept client stock as payment.
Xxxx Xxxx & Co., Inc. uses a nationwide network of research reporters. These
reporters interview client companies and develop news content for news coverage.
Xxxx Xxxx organizes this research into effective news stories for immediate
placement in various news outlets.
Xxxx Xxxx is a Publicist/Press Agent. A Biography of Xxxx Xxxx is enclosed with
this contract.
Xxxx Xxxx &. Co.. Inc., agrees to advise the client on timely company news
release announcements and in some cases research and write said releases. It
should be clearly understood that all "PR Newswire" fees will be paid for by the
client company. Each subsequent print (newspapers, magazine. etc.) and/or
electronic (TV-radio) placement pick-up of client news release will be
considered a contractual result.
All client contracts are for a twelve month period. There are no cancellation
clauses during this agreed upon time unless sp authorized by Xxxx Xxxx & Co.,
This contract begins JULY 1, 2004, and ends JUNE 30, 2005.
What constitutes a feature news placement result? A feature news placement can
range from a highly visible "quote:" in a national financial publication to a
complete 3000 word plus magazine or newspaper profile on the client. A feature
news placement could also be a 30 second news spot on national television or a
full 30 minute interview on a major TV'/radio talk show.
Xxxx. Xxxx &. Co., Inc., also agrees to provide clients with news clips of
original client news stories.
All client companies pay the FIRST and FINAL, month fees at the beginning of the
contract period (total $14,000). All subsequent fees are $7,000.00 per month.
All clients are required to pay fees by BANK WIRE. This fixed fee is
automatically bank wired to Xxxx Xxxx & Co., Inc., on the 1st of each month and
payable no later than the 10th of the same month. Xxxx Xxxx &.Co., Inc., does
not invoice.
Client companies are responsible for any court and/or legal expenses incurred
due to nonpayment of agreed upon fees according to fee schedules outlined in
this contract.
Xxxx Xxxx &. Co" Inc., requests that all client companies keep the contents of
this contract confidential.
If you are in agreement with the terms of this contract, please sign your name
below and return this copy to Xxxx Xxxx & Co., Inc., along with a bank wire in
the amount of $14,000 (payment for the FIRST and FINAL month fees).
LEXINGTON RESOURCE, INC. /s/ XXXX XXXX
________________________ ____________________
Xxxx Xxxx, President
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