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EXHIBIT 10.24
CONSULTING AGREEMENT
THIS AGREEMENT is made and entered into as of May 25, 1999 by and
between NFRONT, INC., a Georgia corporation (hereinafter referred to as
"nFront"), and XXXXX X. XXXXXXX, XX., an individual resident of the State of
Georgia (hereinafter referred to as "Consultant").
WHEREAS, nFront desires to engage Consultant, upon the terms and
conditions hereinafter set forth, to provide sales and marketing services to
nFront, and Consultant desires to provide such services to nFront; and
WHEREAS, nFront and Consultant mutually desire to set forth their
understandings in a written agreement;
NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, it is hereby mutually understood
and agreed as follows:
1. Scope of Consultant's Services. Consultant shall provide to
nFront sales and marketing services (the "Services"). The scope of the Services
may be amended from time to time by written agreement of Consultant and nFront.
2. Compensation; Expenses. In consideration of the performance by
Consultant of the Services, nFront shall pay to Consultant $70,000 per year.
3. Term; Termination. Either party may terminate this Agreement
upon thirty (30) days written notice to the other party. The termination of
this Agreement shall not affect any right or obligations that have accrued as
of the time of such termination.
4. Miscellaneous. This Agreement shall be controlled and
construed under the laws of the State of Georgia without regard to its
principles of conflicts of law. This Agreement shall be changed or modified
except by amendment hereto in writing and signed by both parties to this
Agreement. The Consultant shall not assign either the benefits or the
obligations of this Agreement. This Agreement shall be executed in two or more
counterparts, each of which shall be considered an original.
IN WITNESS WHEREOF, the parties have caused this Agreement to be duly
executed effective the day and year first above written.
NFRONT, INC.
By: /s/ Xxxxx X. "Xxxxx" Xxxxxxx III
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Title: Chairman/Chief Executive Officer
/s/ Xxxxx X. Xxxxxxx, Xx.
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XXXXX X. XXXXXXX, XX.
