Consulting Agreement
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Consulting Agreement
THIS AGREEMENT made as of the 7th day of June, 0000
X X X X X X X:
Big H Production LTD.
(The “Consultant”)
-and-
Myriad Interactive Media Inc.
a body corporate
(The”Company”)
IN CONSIDERATION OF The mutual covenants, terms and agreements herein
contained,and for other good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties hereto agree as follows:
1) Services. The Consultant shall, during the term (as defined below) provide the
following services (the “Services”) to the Company, at such times as the Company
may reasonably request:
1.
Assist with business development;
2.
Assist with SEC compliance matters;
3.
Liaise with corporate finance groups;
4.
Liaise with legal and accounting professionals acting for the company;
5.
Advise on potential mergers and acquisitions as the opportunities may
arise;
It is expressly understood, agreed and warranted that with respect to matters described
in clauses (A) and (B) below the Consultant has no obligation to provide services to or
for the Company, and during the term of this Agreement will not provide services to or
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for the Company, (A) in connection with the offer or sale of securities in any capital
raising transaction and (B) directly or indirectly to promote or maintain a market for the
Companyʼs securities.
2.
Compensation.
The Company shall pay the Consultant the following: Months one and two $10,000.00
per month. Months three and four, $4000.00 per month. Months five through twelve,
$3000.00 per month. For a total compensation over the twelve month period of
$52,000.00.
The Company shall reimburse the Consultant for all reasonable expenses incurred in
connection with this Agreement.
The Company shall pay to the Consultant the amount owing for each month, in
advance, on the first day of each month of the term of this agreement.
3.
Term
This Agreement shall commence as of the 7th day of June, 2013 and shall remain in
effect for twelve months (The “Term”).
4.
Confidential Information
The Consultant acknowledges that pursuant to the performance of its obligations under
this Agreement, it may aquire confidential information. The Consultant covenants and
agrees, during the Term and following any termination of the Agreement, to hold and
maintain all confidential information in trust and confidence for the Company and not to
use confidential information other than for the benefit of the Company.
5.
Warranties
The Company represents and warrants and acknowledges as follows:
(a) That the Consultant provides similar services to various other companies.
(b) That there is no minimum monthly time allotted to the Companies requirements by
the Consultant.
(C) That the services provided to the Company will be provided as necessary, in the
Consultants sole discretion.
6.
Cancellation
This contract can be deemed null and void in the event that Xxxxx Enterprises
discontinues itʼs financial funding to the Company. In the event that Xxxxx Enterprises
can no longer provide financial support to the Company, the Company will not be held
responsible for the remaining term of the contract and the contract would be considered
paused until further funding is arranged. In the event that further funding is not arranged
or the Company is unable to attract new funds to continue the terms of the contract, the
Consultant agrees to allow the Company to forfeit the contract with no financial penalty.
6.
Entire Agreement
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This Agreement sets forth the entire Agreement between the parties and may not be
amended other than in writing, executed by both parties hereto.
Myriad Interactive Media Inc.
/s/ Xxxxx Xxxxx
Per: Xxxxx Xxxxx
President & CEO
Big H Production LTD.
Per:_____________________________________
