EXHIBIT 99.7
CONSULTANT AGREEMENT
This agreement when signed by Summit Entertainment located at 0000 Xxx Xxxx
Xxxxxx, Xxxxxxxxx, XX 00000 hereafter referred to as "Summit" and Raven Moon
international, Inc. located at 000 Xxxxxxxxxxxxx Xxxxxxx, Xxxxx 000, Xxxxxxxx,
XX 00000 hereafter referred to as "Raven" shall constitute a binding agreement.
FOR VALUABLE CONSIDERATION BOTH PARTIES AGREE AS FOLLOWS:
"Raven" desires to retain "Summit" to perform certain corporate and production
services (as attached) to the satisfaction of "Raven" for a period of ninety
days on a non-exclusive basis. During this period while there is no formal work
schedule, it is anticipated that "Summit" would provide a full 40-hour week.
"Summit" also agrees that although this agreement is non-exclusive it will not
provide services for a competitive venture.
TERM:
The term of this agreement shall begin as of the date this agreement is executed
and end on February 28, 2001.
COMPENSATION:
A total fee of $15,000 shall be paid to "Summit" for services rendered to the
satisfaction of "Raven" during a ninety day period beginning December 1, 2000
and ending February 28, 2001 in the following manner: $2,500 on the first
business day in January 2001 and the balance on March 1, 2001.
Xxxx Xxxxxx would receive a grant of Raven Moon International, Inc. common
restricted stock equal to purchase price of $15,000 at an average trading price
of the stock during its first five active trading days. The stock shall be
issued on the first business day of January 2001.
DEFINITION OF SERVICES:
"Summit" and its personnel agree that this is a "work for hire" agreement, and
that any and all ideas, concepts and contributions made by "Summit" during the
term of this agreement and after the term of this agreement ends shall be and
remain the sole property of "Raven" unless otherwise recognized in a separate
written agreement.
EXPENSES:
It is understood and agreed to by "Summit" that any and all expenses incurred
for travel or entertainment will be reimbursed if "Raven" has given prior
written approval.
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OPTIONS:
"Raven" shall have one consecutive option period under the same terms and
conditions. The stock grant, however, would be based on the closing price of the
stock on the day the option is exercised.
PUBLICITY:
"Raven" agrees that no publicity or promotional materials for the pilot program
called "Xxxx D's Kids Club" will make reference to either "Summit" or Xxxx
Xxxxxx, in any press materials or press releases to the press. However, all
parties agree that "Raven" shall have the right to use Xxxx Xxxxxx'x name and
biographical materials in any materials directed to its current and/or future
stockholders.
TERMINATION:
"Summit" and its personnel agree that in the event that J&B XxXxxxxxxxx leave
"Raven", whether for cause or no cause, prior to the completion date of this
agreement or any extensions thereof, this agreement shall immediately terminate
between "Raven" and "Summit". In the event of such termination, accumulated
deferred compensation for services rendered, up to and including the date of
termination, shall be immediately due and payable to "Summit".
This is a complete understanding between all parties. Any changes to this
agreement must be made in writing by all parties.
This agreement is governed under the laws of the State of Florida. Any disputes
shall be settled by arbitration in Seminole County, Florida.
Date: 11/17/00
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/s/ Xxxx Xxxxxx
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Xxxx Xxxxxx
Summit Entertainment
/s/ Xxxx XxXxxxxxxxx
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Xxxx XxXxxxxxxxx, President
Raven Moon International, Inc.
CORPORATE RESPONSIBILITIES
o To develop both short term and long term business plans for the
company.
o Help create and produce presentation materials for potential investors
and the financial community at large.
o Identify and locate potential investors
o Participate in meetings with, and make presentations to, financial
institutions and potential investors.
o Build strategic alliances within the entertainment industry that will
aid in the growth of the company.
o Identify, and help recruit, key corporate and production personnel.
o Marketing and sales effort for the company as a whole, and for each
production project.
PRODUCTION AND CREATIVE RESPONSIBILITIES
o Identify specific programming needs and opportunities that the company
should target.
o Introduce company to potential buyers and broadcasters
o Supervise the creative effort to build a viable development slate of
television, home video and motion picture properties.
o Work with leading talent agencies to attach writers and directors to
specific projects.
o Oversee the budget process and assure that all production comes in at
or below estimates.
o Write and produce sales materials to accompany development and
production projects.
