EXHIBIT 10.2
BUSINESS CONSULTANT AGREEMENT
This agreement dated June 15, 2009 is made By and Between MEMORY LANE
SYNDICATION, INC (MLS). whose address is 0000 Xxxx Xxxxxx Xxxx, Xxx 000,
Xxxxxxx, XX 00000 referred to as "Company", AND Venture Capital Clinic, Corp.
whose address is 0000 Xxxxxxxx Xxxxxx, Xxxxxxxx, XX 00000 referred to as
"Consultant."
1. Consultation Services. The company hereby employs the consultant to
perform the following services in accordance with the terms and conditions set
forth in this agreement: The consultant will consult with the officers and
employees of the company concerning matters relating to the management and
organization of the company, their financial policies, the terms and conditions
of employment, and generally any matter arising out of the business affairs of
the company.
2. Terms of Agreement. This agreement will begin July 1, 2009 and will
end December 31, 2009.
3. Time Devoted by Consultant. It is anticipated the consultant will
spend approximately 8 hours per week in fulfilling its obligations under this
contract. The particular amount of time may vary from day to day or week to
week. However, the consultant shall devote a minimum of 16 hours per month to
its duties in accordance with this agreement.
4. Place Where Services Will Be Rendered. The consultant will perform
most services in accordance with this contract at 0000 Xxxx Xxxxxx Xxxx, Xxx
000, Xxxxxxx, XX 00000. In addition the consultant will perform services on the
telephone and at such other places as designated by the company to perform these
services in accordance with this agreement.
5. Payment to Consultant. The consultant will be paid as follows:
Consultant shall receive $60,000 for services rendered in accordance with the
terms and conditions of the attached note.
6. Independent Contractor. Both the company and the consultant agree
that the consultant will act as an independent contractor in the performance of
its duties under this contract. Accordingly, the consultant shall be responsible
for payment of all taxes including Federal, State and local taxes arising out of
the consultant's activities in accordance with this contract, including by way
of illustration but not limitation, Federal and State income tax, Social
Security tax, Unemployment Insurance taxes, and any other taxes or business
license fee as required.
7. Confidential Information. The consultant agrees that any information
received by the consultant during any furtherance of the consultant's
obligations in accordance with this contract, which concerns the personal,
financial or other affairs of the company will be treated by the consultant in
full confidence and will not be revealed to any other persons, firms or
organizations.
8. Employment of Others. The company may from time to time request that
the consultant arrange for the services of others. All costs to the consultant
for these services will be paid by the company but in no event shall the
consultant employ others without the prior authorization of the company.
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COMPANY
By: /s/ Xxxxxx Xxxxx
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Xxxxxx Xxxxx - President and sole Director
Memory Lane Syndication, Inc.
By: /s/ Xxxxxx Xxxxxxxxx
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Xxxxxx Xxxxxxxxx - Executive Vice President
Venture Capital Clinic, Corp.
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