EXHIBIT 10.69
CONSULTING SERVICES AGREEMENT
WITH XXXXX XXXXX
This consulting services agreement ("Consulting Agreement") is made as
of this Tuesday, August 26, 2003, by and between the undersigned Xxxxx Xxxxx
("Consultant"), located at Xxxx Xxxxx 00/0 Xxx # 00 Xxxxxxx Xxxxxxx
and Trezac International Corporation, 0000 Xxxxx Xxxxxx Xxxx, Xxxxx 000,
Xxxxxx,
XX 00000, (referred to herein as the "Company"), with Consultant and Company
collectively sometimes herein referred to as the "Parties". The Parties hereto
agree as follows:
WHEREAS, the Company (a Texas corporation) is a fully reporting company
whose securities are traded on the Over-the-Counter Bulletin Board under the
ticker symbol "TRZA;" and
WHEREAS Xxxxx Xxxxx is a Consultant who specializes in English / Russian /
Romanian business and social interpretation , office management, and all
related services and skills who, from time to time provides certain specified
consulting services which
services the Company desires to secure; and
WHEREAS, the Company wishes to retain the Consultant on a non-exclusive
basis; and
IT IS, THEREFORE agreed that:
1. Services. The Company shall retain Consultant for general consulting
purposes and specifically to perform ongoing interpretation and office
management, translation and related services. Nothing contained herein shall
oblige the consultant to ascertain the sufficiency of substantive
information contained in his soil reports nor shall the Consultant be
responsible or liable for any representations, misrepresentations, or omissions
which may be alleged to be materially inaccurate or in existence respectively.
The Company understands that any and all suggestions, opinions or
advice given to the Company by Xxxxx Xxxxx is advisory only and the ultimate
responsibility, liability and decision regarding any action(s) taken or
decisions made lies solely with the Company and not with Xxxxx Xxxxx .
2. Term. The term of this Consulting Agreement shall be from the date hereof
until the end of the fiscal year 2004 (the "Term").
3. Compensation. As compensation for entering into this Consulting Agreement
and for services rendered over the Term, the Consultant shall be issued fifteen
million (15,000,000) common shares of the Company's common stock, par
value $0.0001 per share. The Company hereby agrees to register the shares of
common stock on a Form S-8 registration statement. The Shares of Common Stock
to be issued to Consultant shall be duly authorized and validly issued, fully
paid and unassessable, free of liens, encumbrances and restrictions on
transfer, and shall be issued in accordance with the registration or
qualification provisions of the Securities Act of 1933, as amended, and any
relevant state securities laws or pursuant to valid exemptions therefrom.
4. Law Governing. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York. The parties consent to the
jurisdiction of the courts of the State of New York and the United States
District Court of New York, and their respective appellate Courts and further
waive objection to venue in any such court for all cases in controversy
relating to disagreement or the relationship between the parties.
5. Independent Contractor Relationship. Consultant and the Company are
independent contractors and nothing contained in this Agreement shall be
construed to place them in the relationship of partners, principal and
agent, employer/employee or joint ventures. Neither party shall have the
power or right to bind or obligate the other party, nor shall it hold itself
out as having such authority.
6. Indemnification. Company shall indemnify and hold harmless the Consultant
from and against any and all losses, damages, liabilities, reasonable
attorney's fees, court costs and expenses resulting or arising from any or
omission by Company. The Consultant shall indemnify and hold harmless the
Company from and against any and all losses, damages, liabilities,
reasonable attorney's fees, court costs and expenses resulting or arising
from any act or omission by the Consultant.
7. Miscellaneous.
7.1 Assignment. This Agreement is not transferable or assignable.
7.2 Execution and Delivery of Agreement. Each of the parties
shall be entitled to rely on delivery by fax transmission of an executed
copy of this agreement by the other party, and acceptance of such fax copies
shall create a valid and binding agreement between the parties.
7.3 Titles. The titles of the sections and subsections of this
agreement are for the convenience of reference only and are not to be
considered in construing this agreement.
7.4 Severability. The invalidity or unenforceability of any
particular provision of this agreement shall not affect or limit the validity
or enforceability of the remaining provisions of this agreement.
7.5 Entire Agreement. This agreement constitutes the entire
agreement and understanding between the parties with respect to the subject
matters herein and supersedes and replaces any prior agreements and
understandings, whether oral or written, between them with respect to such
matters.
7.6 Counterparts. This Agreement may be executed in any number
of counterparts, each of which shall be an original, but all of which
together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as
of the date first above mentioned.
Tuesday, August 26, 2003
TREZAC INTERNATIONAL CORPORATION
By: /s/ Xxxx Xxxxxx
--------------------------------
Xxxx Xxxxxx
President
AGREED AND ACCEPTED
By: /s/ Xxxxx Xxxxx
-------------------------
Xxxxx Xxxxx
Xxxx Xxxxx 00/0
Xxx 00, Xxxxxxx Xxxxxxx
