10.2 Financial Capital Consultant Agreement
CONSULTING AGREEMENT
Agreement made this 24th day of October 2000 by and between xxxxxxxx.xxx,
Inc., corporation ("Company") and Financial Capital Consultant, Inc.,
("Consultant'').
Consultant is an independent contractor willing to provide certain skills and
abilities to the Company that the Company has need for. In consideration of
the mutual terms, conditions and covenants hereinafter set forth, Company and
Consultant agree as follows:
1. The Company hereby employs the Consultant as an independent contractor,
and the Consultant hereby accepts employment.
2. The term of this Agreement shall be for three months, commencing on the
date of execution of the Agreement. At the conclusion of the Agreement,
if both parties agree, a contract extension may be negotiated.
3. Company shall pay to Consultant and Consultant shall accept from the
Company as compensation for all services to be provided pursuant to
this Agreement a total of 300,000 shares of common stock of the Company
which will be payable as follows:
i) 300,000 shares of restricted common stock of Company will be
immediately transferred to Consultant; a SB-2 will be filed within 15 days of
transfer to of said stock to Consultant to cause said 300,000 of stock to
become freely tradeable,
4. Consultant shall provide on an 'as needed' and as a 'best efforts' basis
the following services:
a) E-mail. E-mail information alerts to Consultant's entire e-mail list
detailing Company's current operations, expectations and opinions.
Consultant shall attempt to inform and educate current and potential
investors concerning the Company. The information in these alerts will
be provided by Company. Company agrees to provide complete and truthful
information to Consultant. Alerts shall be issued on an as needed
basis.
b) Press Releases. Consultant will consult with Company concerning timing
an content of Press Releases.
c) Newsletter. Consultant will provide Company information to the public
Internet and hard copy newsletters on an as needed basis.
d) Internet Interviews. Consultant will introduce Company to companies
that provide Internet voice streaming and video streaming of interviews
of executives. Client will be solely responsible for costs of these
services up to $25,000. Consultant will consult with Company concerning
timing and content of these interviews.
5. Consultant is an independent contractor and may engage in other
business activities.
6. Neither party may assign this Agreement without the express written
consent of the other party.
7. Consultant is an independent contractor and nothing contained in this
Agreement shall be deemed or interpreted to constitute the Consultant
as a partner, agent or employee of the Company, nor shall either party
have any authority to bind the other.
8. It is agreed between the parties that there are no other agreements or
understandings between them relating to the subject matter of this
Agreement. This Agreement supersedes all prior agreements oral or
written, between the parties and is intended as a complete and
exclusive statement of the agreement between the parties. No change or
modification of this Agreement shall be valid unless the same be in
writing and signed by the parties.
9. All notices required or permitted to be given hereunder shall be in
writing and may be delivered personally or by Certified Mail - Return
Receipt Requested, postage prepaid, addressed to the party's last known
address.
10. This Agreement shall be construed in accordance with and governed by
the laws of the State of Texas.
INTENDING TO BE LEGALLY BOUND, the parties hereto have caused this Agreement
to be executed as of the date first above written.
xxxxxxxx.xxx , Inc
By:/s/Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx, CEO
Financial Capital Consultants, Inc.
By:/s/Xxxxx Xxxxxx
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Xxxxx Xxxxxx, President
