AGREEMENT
This agreement ("Agreement") made and entered into as of this 30th
day of November, 2000, by and between World Cyberlinks Corp. ("WCYB") on the one
hand, and Xxxxxxx Xxxxx (Xxxxx), on the other hand.
WHEREAS, Xxxxx has financially supported the startup activities
and business "("the "Business") of WCYB; and
WHEREAS, Xxxxx desires to continue to support the Business and now
provide certain marketing and sales services ("Services") to WCYB; and
WHEREAS, WCYB desires Xxxxx to provide those Services; and
WHEREAS, WCYB and Xxxxx desire to have this Agreement control the
rights, liabilities, obligations and benefits of each party to the other.
NOW, THEREFORE, in consideration of the mutual promises contained
herein, the payment of Ten and NO/00 ($10.00) Dollars, the receipt of which is
acknowledged by the execution of this Agreement, and for other good and valuable
consideration, it is agreed as follows:
1. Xxxxx shall perform sales and marketing Services by the
introduction of WCYB to customers, including but not limited to: reps, retailers
OEM, manufacturers, Vars resellers and Developers. In the event WCYB accepts
contracts from or contracts with any source introduced by Xxxxx, then Xxxxx
shall be entitled to a 5% fee, comprised of 5% cash.
2. Xxxxx shall hold the position of President for a period of 2
years ending November 30th, 2002.
3. This agreement will supecede any and all prior agreements for
services provided by Xxxxx to WCYB.
4. WCYB shall issue to Xxxxx 500,000 shares of common stock for
the Services provided by Xxxxx to WCYB.
5. This Agreement may be amended to limit, expand or define the
Services herein before setforth, but only in writing, signed by the parties
hereto.
6. This Agreement contains the entire understanding of the
parties, and merges all prior understandings, both oral and written.
7. This Agreement shall be construed by the laws of the State
of New York and in the event of any dispute, any legal action may only be
commenced in the courts located in the State of New York.
WORLD CYBERLINKS CORP.
BY:
/s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
/s/ Xxxxx Xxxxxxxx
BY:
