CONTRACT FOR SERVICES
AND NOW, TO-WIT, this 11th day of May, 2000, it is hereby agreed and
understood between CONSTELLATION 3D, INC., an American corporation (herein
referred to as "the Company"), of 000 Xxxx 00xx Xxxxxx, Xxxxx 0X, Xxx Xxxx, Xxx
Xxxx 00000-0000, and GREENLAND INVESTMENTS, INC. (herein referred to as
"Xxxxxxx"), Apt C4D, "Les Floralies", 0-0 Xxxxxx xx Xxxxxx-Xxxxxxxx, Xxxxx-
Xxxxx, XX 00000, Xxxxxx, that,
For good and valuable consideration, receipt of which is acknowledged
herein, the parties hereby agree to the following:
As to Xxxxxxx:
1) The Company has retained (for over one [1] year) Xxxxxxx as a business
development and public relations consultant on its behalf;
2) Xxxxxxx'x duties have and will include, but not be limited to the
following:
a) Developing business leads within the industry;
b) Seek out, develop and bring to the Board for closure strategic
alliances and acquisitions;
c) Obtaining press, journal, periodical and media coverage;
d) Attending certain industry trade shows and conferences;
e) Working with the investment community, as directed;
f) Coordinating the Company's Public Relations efforts;
g) Responding or coordinating responses to inquiries from telephone, web
site or press releases;
h) And whatever business development duties the Board might delegate to
Xxxxxxx during the course of this contract.
The Company may require Xxxxxxx to perform such duties within the United
States for up to 5 business days per month during the term hereof.
3) Xxxxxxx shall, at all times, act in the best interest of the Company and in
accordance with Board mandate.
4) Any information of a proprietary nature gained by Xxxxxxx shall remain the
exclusive property of the Company and shall only be properly disclosed by
Xxxxxxx in the course of his employment with consent of the Board.
-1-
As to the Company:
5) The Company agrees to compensate Xxxxxxx as follows:
a) Xxxxxxx shall receive options to purchase up to four hundred fifty
thousand (450,000) shares of Company common stock at five (UD$5.00) US
dollars per share.
6) Said options shall vest at the conclusion of Xxxxxxx'x contract term, which
shall end June 30, 2000.
7) The Company agrees to reimburse expenses as follows:
a) Expenses under two hundred (US$200.00) US dollars, said expenses shall
be forwarded to the Company with receipts.
b) Expenses over two hundred (US$200.00) US dollars shall require advance
approval, in writing, by an officer or director of the Company, or
else said expenses shall be the responsibility of Xxxxxxx.
8) The Company agrees to support Xxxxxxx'x business development efforts in a
reasonable and prudent manner.
Intending to be legally bound hereto, the parties set their hands and seal on
the date set above.
CONSTELLATION3D, INC. GREENLAND INVESTMENTS, INC.
By: /s/ Xxxxxx Xxxxxx By: /s/ Xxxxxxx Xxxxxxx
----------------------- --------------------
Its: Its: Director
----------------------- --------------------
