Exhibit 10.4
Ozolutions Inc.
Form 10-KSB
AGREEMENT made as of the 28th day of March 2002 by and between Ozolutions Inc.
maintaining its principal offices at 00 Xxxxxx Xxxxxxxx, Xxxxx 000 Xxxxxxx,
Xxxxxxx X0X 0X0 (herein referred to as "Client"), and Xxxxxxx Del Medico
maintaining principal offices at 00 Xxxx Xxxxxx Xxxxxxxx, Xxxx Xxxx, Xxxxxxx X0X
0X0 (herein referred to as "Business Consultant").
WITNESETH:
WHEREAS Business Consultant is engaged in the business of providing and
rendering strategic business consulting and marketing services and has the
knowledge, expertise and experience in the Canadian marketplace to render the
requisite services to Client; and
WHEREAS Client is desirous of retaining Business Consultant for the purpose of
obtaining business strategy, marketing, distribution and product promotion to
industrial, commercial and institutional customers as to more effectively and
efficiently present its water treatment technologies and products to these
Canadian market sectors.
NOW THEREFORE, in consideration of the mutual covenants and agreements
contained herein, it is agreed as follows:
1. Engagement of Business Consultant. Client herewith engages business
consultant to render to Client business strategy, marketing, distribution and
product promotion services.
A. The business consulting services to be provided by Business Consultant
shall include, but are not limited to the development and implementation of a
Strategic Business Plan which will provide the marketing, distribution and
product promotional information and tactics to assist Client to achieve maximum
Canadian sales of its water treatment products. Particular emphasis will be on
institutional customers such as hospitals, schools and other public sector
buildings. Client acknowledges that the Business Consultant's ability to provide
desired results requires ongoing communication and information to be provided by
Client to Business Consultant.
B. Client acknowledges that Business Consultant will devote such time as is
reasonably necessary to perform the services for Client having due regard for
Business Consultant's commitments and obligations for which it performs
consulting services.
11. Compensation Reimbursement.
A. Client will pay Business Consultant, as compensation for services
provided for in this Agreement as follows. Client will issue 700,000 common
shares of Ozolutions Inc. to Business Consultant.
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Business Consultant will be responsible for expenses incurred during this
engagement.
Term and Termination.
This agreement shall be for a period of nine (9) months commencing April 1,
2002 and terminating December 31, 2002. Either party shall have the right to
terminate this Agreement upon thirty (30) days written notice to the other party
after the first sixty (60) days.
Treatment of Confidential Information.
Business Consultant shall not disclose, without the consent of Client, any
financial or business information concerning the business, affairs, plans and
programs of Client provided by the client to Business Consultant provided such
information is clearly marked in writing by Client as being confidential.
Non-Assignment.
This Agreement contains the entire agreement and understanding between the
parties and supersedes all prior negotiations, agreements and discussions
concerning the subject matter hereof.
IN WITNESS WHEREOF, THE PARTIES HAVE EXECUTED THIS Agreement as of the day and
year first written above.
OZOLUTIONS INC.
By: /s/ Max Weissengruber, President Date: March 28, 2002
Xxxxxxx Del Medico
By: /s/ Xxxxxxx Del Medico Date: March 28, 2002
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