CONSULTING AGREEMENT (the “Agreement”)
(the
“Agreement”)
This
Agreement dated for reference the 1st day of January 2007, by and
between:
Essentially
Yours Industries, Inc.
0000
Xxxxxxx Xxxxxx
Xxxxxxx,
XX X0X 0X0
Tel:
000-000-0000 Fax:
000-000-0000
(“EYI”)
AND:
New
U,
Inc.
0000
Xxxxxx
Xxxxxxxx
Xxxx, XX 00000
("Consultant").
WHEREAS:
A. |
Essentially
Yours Industries Inc. (“EYI”) is in the business of marketing dietary
supplements, personal care products, water filtration systems and
a fuel
performance product; and
|
B.
|
EYI
desires to secure the services of the Consultant to provide creative
and
communication consulting to EYI.
|
NOW
THEREFORE in
consideration of the mutual covenants herein contained, the parties hereto
agree
as follows:
2. TERM
2.1 Term.
This
Agreement shall commence from the date first written above and shall continue
for six months or unless terminated in accordance with the terms set out
herein.
2.2 Termination
by EYI Without Notice.
EYI may
terminate the engagement of the Consultant without notice if the
Consultant:
(a) |
is
dishonest in dealing with EYI;
|
(b) |
conducts
himself in a manner which is materially detrimental to the business
of
EYI; and
|
(c) |
fails
to carry out the services and duties to be performed by it pursuant
to the
provisions of this Agreement.
|
2.3. Termination
with Notice.
Notwithstanding the foregoing either party may terminate this Agreement without
reason, upon thirty (30) days prior written notice.
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3. REMUNERATION
3.1. Remuneration.
In
consideration for providing services during the term of this Agreement, EYI
shall pay the Consultant a monthly fee of two thousand dollars ($2,000) to
be
paid, one thousand dollars ($1,000) on the first day of the month and one
thousand dollars ($1,000) on the fifteenth day of the month.
3.2
Taxes.
The
Consultant shall be responsible for payment of all local and federal taxes
in
regard to all remuneration paid to the Consultant and the Consultant hereby
indemnifies and saves harmless EYI from all claims in this regard.
4.
NOTICES
4.1
Any
Notice required or permitted to be given hereunder shall be in writing and
shall
be effectively given if:
(a) |
Delivered
personally;
|
(b) |
Sent
by prepaid courier service or mail;
or
|
(c) |
Sent
prepaid by fax or other similar means of electronic communication.
|
5. AMENDMENTS
5.1 Any
changes or amendments or additions to this Agreement must be in writing and
signed by both parties to be effective.
This
Agreement shall be construed in accordance with the laws of the Province of
British Columbia and the Courts of the said Province shall have exclusive
jurisdiction to hear all actions arising out of or in respect of this
Agreement.
IN
WITNESS WHEREOF, the parties hereto have executed this Agreement effective
as of
the date first above written.
EYI Industries, Inc. | New U, Inc. |
Per: /s/ Xxx Xxxxxxxx | Per: /s/ Xxxx XxXxxxxxx |
Name: Xxx Xxxxxxxx | Name: Xxxx XxXxxxxxx |
Title: President/CEO | Title: |
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