CONSULTING AGREEMENT
THIS AGREEMENT IS ENTERED INTO THIS 23RD day of May, 2000, by and between
Lexon, Inc. (LXXN) and Goodbody International, Inc. (GBI). The term of said
Agreement shall be for thirty-six (36) months.
GBI will begin working immediately to get the LXXN story out to Wall Street
and the Investment community, and will be available for consulting and guidance
on any matters relating to investor relations, financial relations, stock
enhancement and public relations and to CEO responsibilities, including any
financing mergers, acquisitions, contract negotiations and the possible sale of
the Company. GBI will package and get the LXXN story out to its database of
Investors and will follow up with telephone calls.
LXXN agrees to run an ad in Research Magazine (cost $10,500) before the end
of the year 2002. GBI will follow up with stockbrokers responding to the
Research Magazine ad.
GBI agrees to perform these services for no cash fee except $500.00 per
month to cover phone, fax, shipping and other expenses. GBI will be issued a 5
year warrant to purchase 500,000 shares of LXXN common stock exercisable at the
closing bid price on 5/10/00 ($1.625). The warrant shall have cashless exercise
provision, reset provision and piggyback registration after ten (10) months. The
holder may exercise the warrant in a cashless exercise transaction, if and only
if, on the Date of Exercise, there is not then in effect a current registration
statement that covers the resale of the shares of common stock to be issued upon
exercise of said warrant. GBI will purchase 250,000 LXXN restricted shares with
at $0.001 (par value) per share, with piggyback registration after ten (10)
months.
The parties agreeing to said terms are:
LEXON, INC. GOODBODY INTERNATIONAL, INC.
BY:___/ XXXXXXX X. XXXXX /_____________ BY:______/ XXXXXX X. XXXX /_________
TITLE:__PRESIDENT______________________ TITLE:_______CEO____________________
DATE:___5/23/00____ ___________________ DATE:____5/23/00____________________
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