Communicate Now. Com Inc.
000 Xxxxx Xxxx Xx.
Xxxxxxxxx Xxxx, Xx. 00000
January 15, 2002
0000 Xxxxxxxxxxxxx Xxx
Xxxxxxxx Xxxxx, Xxxxxxxx 00000
ATTENTION: Xxxxxxx Xxxxxxx
Xxxx Mr. Michael:
RE: CONSULTATING SERVICES AGREEMENT BETWEEN XXXXXXX XXXXXXX AND COMMUNICATE
XXX.XXX INC. (CMNW) ("the Agreement")
The purpose of this letter is to confirm the terms of the Agreement between CMNW
and Xxxxxxx Xxxxxxx.
1. The Scope of the Project
CMNW is engaged in the acquisition and exploration of existing oil and
gas properties throughout the United States.
2. Scope of Services Provided by Xxxxxxx Xxxxxxx
Xxxxxxx Xxxxxxx has been a consultant for CMNW, beginning with the
formation of the Company and is engaged in the business of providing
the advice and expertise required by his clients to successfully
complete mergers and acquisitions and raising funds from the public or
by way of private placements. While these services do not include the
raising of funds from the public, either directly or indirectly. Mr.
Michael does advise and assist his Clients in retaining the services
limited to the following:
(a) The recommendation of qualified professionals required to
accomplish the Client's objectives, including qualified
lawyers, accountants, public relations organizations and
market makers and assisting the Client in negotiating the
terms of the consulting agreements to be entered into
between the Client and such professionals and shall
coordinate the activities of these professionals.
(b) Reviewing the financial information prepared and provided by
the Client, including financial statements, business plans
and financial Projections, but not the preparation of such
3. Michael's Compensation
(a) 2,000,000 common shares of CMNW to register as part of an
Registration to be immediately undertaken once 10-k is filed by CMNW
4. Term of the Consulting Agreement.
The term of the Consultant Agreement shall commence upon the Execution
of this Agreement by all necessary parties and when CMNW Files the S-8
Registration is completed and shall continue for a period of (1) year
from that date.
The undersigned by the execution of the Acknowledgement hereby agree to be bound
by The above terms and conditions and agree to do or cause to be done all acts
and deeds necessary to give effect to the intent of this Agreement.
DATED AT: this 15 day of January 2002
COMMUNICATE XXX.XXX INC
XXXXXXX XXXXXXX VP OPERATIONS XXXXXXX XXXXXXX