Hawk Associates, Inc. Key Largo, FL 33037 Tel: (305) 852-2383 Fax (305) 852-2378
EXHIBIT
10.15
Hawk
Associates, Inc.
000
Xxxxxxxx Xxxx.
Xxx
Xxxxx, XX 00000
Tel:
(000) 000-0000
Fax
(000)
000-0000
Xxxxx
X.
Xxxxxxx, Xx. Chief Executive Officer
Xxxxx
X.
Xxxxxxxx, President
xxxx@xxxxxxxxxxxxxx.xxx
AGREEMENT
made as of September 1, 2005 (the “Effective Date”) between Hawk
Associates, Inc.,
a
Florida investor relations firm having its place of business at 000 Xxxxxxxx
Xxxx, Xxx
Xxxxx, XX 00000 (hereinafter referred to as “Hawk”) and IQ
Micro
with an
address at 000 Xxxxxxxxxx Xxxxxx Xxxxx, Xxxxx, 000, Xxxx Xxxx Xxxxx, XX 00000
(herein after referred to as the “Company”).
WITNESSETH:
WHEREAS,
Hawk is engaged in the business of providing company identity, investor
relations, financial media relations and other appropriate consulting and
advisory services; and
WHEREAS,
the Company is desirous of entering into an agreement utilizing Hawk services
and expertise; and
WHEREAS,
the Company desires to accept such a relationship upon the terms and conditions
hereinafter set forth;
NOW,
THEREFORE, in consideration of the premises and the mutual covenants herein
contained, it is agreed as follows:
•
|
The
Company desires to retain the services of Hawk to design, build and
maintain the Company website.
|
•
|
The
Company desires to retain the services of Hawk to provide ongoing
maintenance and updating services to keep the site up to date at
all
times.
|
2. In
consideration for such services, Company will provide the following compensation
to Hawk:
X. |
Xxxx
will be paid a fixed fee of $10,000 for the design, construction
and
delivery of the website.
|
B.
|
Work
on the website will begin upon receipt by Hawk of an initial payment
of
$5,000. The balance of the payment will be made upon completion and
delivery of the site to the
Company.
|
C. |
For
regular hosting, maintenance and updating of the website, Hawk
will be paid a fee of $200 a month covering four hours of production
and maintenance time. After four hours in a given month, the
Company will compensate Hawk the amount of $50.00 an hour for
additional
maintenance and updating. The maintenance agreement
will commence once the site has been delivered to the Company
and goes live on the
Internet.
|
3. The
initial term (“Term”) of
this
Agreement shall be for a period of one year commencing on the Effective Date
hereof and ending on August 31, 2006. Effective July 30, 2006, this contract
will automatically renew for a period of one year every year. After July 30,
2006, either party will have the right to terminate this agreement with 30
days
notice.
4. All
proprietary information furnished to Hawk by Company shall be deemed to be
confidential and shall he kept in strict confidence under appropriate
safeguards. Company agrees that the Hawk website and profiles are protected
by
applicable copyright laws and will not be copied or otherwise used by Company
without the written permission of Hawk.
5. This
consulting agreement, acceptable to both parties and representing the full
and
final execution of this document, contains the full agreement of the parties
hereto concerning the subject matter hereof and shall not be modified, altered,
changed or terminated except pursuant to a writing signed by all of the
parties.
6. This
agreement shall be binding upon and inure to the benefit of the respective
heirs, executors, administrators, successors and assigns of the parties
below.
7. The
validity of this agreement shall be determined in accordance with the internal
laws of the State of Florida.
8. Any
and
all notices, requests, demands or other communications hereunder shall be in
writing, and deemed given and received if delivered personally or sent by
certified or registered mail, postage prepaid, return receipt requested to
each
of the parties hereto at the addresses hereinabove first written or such other
addresses as may from time to time be designated by any of them in
writing.
IN
WITNESS WHEREOF,
the
Company and Hawk have executed and delivered this agreement as of the day and
year first above written.
By:
/s/
Xxxxx
X. Xxxxxxx
Xxxxx
X.
Xxxxxxx, Xx.
CEO
Xxxx
Associates, Inc.
Dated:
September
1, 2005
THE
UNDERSIGNED HAVE READ
AND
HEREBY CONSENT AND AGREE
TO
THE
TERMS OF THE FOREGOING
AGREEMENT.
By
/s/
Xxxxxx Xxxxxx
Xxxxxx
Xxxxxx
Chief
Financial Officer
IQ
Micro
Corp.
cc:
Xxxxx
X. Xxxxxxxx, President, Hawk Associates, Inc.