POS DEVICE CONSULTING AGREEMENT
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This Consulting Agreement is made on this 11th day of September 2003.
BETWEEN
Xxxxxxx Xx Pan Hing, a Consultant having his mailing address at 0 Xxxxx Xx.,
Xxxxxxxx Xxxx, Table View 0000, Xxxx Xxxx, Xxxxx Xxxxxx; Xxxxx Xxxxx, a
Consultant having his mailing address at M.POS (HK) Limited, 000 Xxxxxxx Xxxxx,
00 Xxxxxxx Xxxx, Xxxxxxx, Xxxx Xxxx; Xxxxxx Xxxxx, a Consultant having his
mailing address at 0000 Xxxxxxxxx Xx., Xxxxxx, XX 00000; and Xxxxx Xxxxxxx, a
Consultant having his address at XX Xxx 00, Xxxxxxx, XX 00000. The above listed
Consultants shall be referred to collectively hereafter as "Consultants" or
individually as "Consultant".
AND
Maximum Dynamics, Inc., having its office at 0 Xxxxx Xxxxxxx Xxxxxx, Xxxxx
0000, Xxxxxxxx Xxxxxxx, Xxxxxxxx, 00000.
WHEREAS
WHEREAS, CONSULTANTS provide technology development services, business
development services, and engineering services for businesses and professionals
in the IT and financial services sector, specifically the point of sale (POS)
device market; and,
WHEREAS, Company wishes to engage the services of CONSULTANTS;
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the parties hereto agree as follows:
DURATION
This agreement commences on September 11th, 2003 and will be effective until
September 11, 2004, as per the terms listed herein. Thereafter it shall be
reviewed for further extension on mutually agreeable terms.
FINANCIAL
CONSULTANTS shall be paid for services as set forth in Exhibit A. The fees to be
paid shall be paid with shares of registered S-8 shares of Common Stock of
Maximum Dynamics, Inc. (priced at today's bid of $0.010). The number of shares
and issued to each CONSULTANT as payment for services is set forth in Exhibit A.
BINDING
This Agreement and the certificates and other instruments delivered by or on
behalf of the parties pursuant hereto constitute the entire agreement between
the parties. The terms and conditions of this Agreement shall inure to the
benefit of and be binding upon the respective heirs, legal representatives,
successor and assigns of the parties hereto, as the case may be.
APPLICABLE LAW
This Agreement is made pursuant to, and will be governed by, and construed and
enforced in accordance with, the laws of Colorado, USA.
TERMINATION
If this agreement is terminated previous to September 11, 2004, the CONSULTANT
shall keep one twelfth (1/12) of the shares received as payment for every month
CONSULTANT was retained.
ACCEPTED
For CONSULTANT For Maximum Dynamics
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BY: /s/ Xxxxxxx Xx Pan Hing BY: /s/ Xxxxxx Xxxxxxx
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Xxxxxxx Xx Pan Hing Xxxxxx Xxxxxxx
DATE: Septermber 11, 2003 DATE: September 11, 2003
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BY: /s/ Xxxxx Xxxxx
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Xxxxx Xxxxx
DATE: September 11, 2003
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BY: /s/ Xxxxxx Xxxxx
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Xxxxxx Xxxxx
DATE: September 11, 2003
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BY: /s/ Xxxxx Xxxxxxx
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Xxxxx Xxxxxxx
DATE: September 11, 2003
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EXHIBIT A
The following sets forth the services to be rendered by each Consultant, the
fees for such services and the number of S-8 shares to be issued as payment.
Consultant Services Fees Shares
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Xxxxxxx Xx Pan Hing Business development for POS devices US$500 50,000
Xxxxx Xxxxx technology development for POS devices US$500 50,000
Xxxxxx Xxxxx Business development for POS devices US$500 50,000
Xxxxx Xxxxxxx Business development for POS devices US$500 50,000
