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THE BOSTON AGENT
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AGREEMENT FOR CONSULTING SERVICES
This agreement is between The Boston Agent, 278 Wethersfield Street, Xxxxxx MA,
hereinafter referred to as the Consultant and Centennial Technologies Inc., 00
Xxxxxxx Xxxx, Xxxxxxxxx, XX, hereinafter referred to as the Company on this day
of January 20, 1997.
The Company desires to retain the Consultant to manage the investment activities
of Centennial Capital Corporation, its private investments subsidiary.
The Company agrees to pay the Consultant US$10,500 a month for three days of
service per week. The Company agrees that it and any entity of which it is a
principal, agent, subsidiary or division or shall pay the Consultant the same
fee as stated above.
Consulting fees will be paid semi-monthly, US$5,250 on the 15th and 30th of each
month. The Company will reimburse the Consultant for agreed to expenses related
to investment management activities including but not limited to travel expenses
(air fare, hotels, meals, car mileage), toll calls. facsimiles, couriers, data
base searches, other professional services, etc. Incurred expenses will be
billed semi-monthly and will be due upon receipt.
All statistical, financial, and personnel data relating to the Company's
business and those of its investee companies, which are confidential and which
are designated as such, will be kept in the strictest of confidence by the
Consultant and its employees. However, the foregoing obligation does not apply
to any data that have become publicly available or that are rightfully obtained
from third parties.
The Consultant agrees that it will not use directly or through third parties any
information provided by the Company for the purpose of establishing a business
which would compete with the business for which the Company is seeking
financing.
The Consultant and the Company acknowledge that this agreement cannot be altered
without the written consent of both parties. The Company agrees to this contract
as an individual and/or on behalf of any entity or individuals it represents.
The Company agrees that the Consultant shall be held harmless for conditions
beyond its control.
The Company and/or the Consultant may terminate the Consultant's services with
thirty days notice. The Company has read this agreement, understands it and
acknowledges that it has received an exact copy of it.
The Consultant The Company
/s/ J.P. Xxx Xxxxxxxx /s/ Xxxxxxx Xxxxx
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J.P. Xxx Xxxxxxxx, Principal Xxxxxxx Xxxxx, Chairman & CEO
The Boston Agent Centennial Technologies, Inc.
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000 Xxxxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000 o (000) 000-0000 Fax (000) 000-0000
