CONSULTING SERVICES AGREEMENT
Exhibit 10.7
THIS AGREEMENT (“Agreement”) is entered into on May 31, 2007, between Psili, a Colorado Sole Proprietor with the EIN (“Consultantant”) and Fairground Media, LLC. (“Client”), with its principal place of business located at 000 Xxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx, 00000 and shall be effective as of May 31, 2007 (the “Effective Date”).
WHEREAS, Consultant is engaged in the business of writing computer code for the purposes of creating a transactional web site.
WHEREAS, Client wishes to utilize the services of Consultant in connection with the software development of the XxxxxXxxxxx.xxx web site. NOW, THEREFORE, Consultant and Client agree as follows:
1.0 Project
Background
Fairground Media LLC. Is developing a web
service call XxxxxXxxxxx.xxx. Xxxxxxxxxxx.xxx
(Crowdfunder) is an Internet website property that provides a robust and
entertaining way for sellers of user-created-content (“Sellers”) to market and
sell their intellectual property (“IP”) to a community of buyers (“Buyers”). Fairground Media intends to secure equity
financing to develop the XxxxxXxxxxx.xxx service. Consultant will consult on this project as
defined in this agreement.
2.0 Scope
The work Consultant is to perform is limited to the following scope.
2.1.1 Consult with Fairground Media to develop and build the Xxxxxxxxxxx.xxx
web site described in the Crowdfunder business plan.
2.1.2 Consult with the CrowdFunder management and technical teams on matters
related to the payment processing “engine” for the xxxxxxxxxxx.xxx web site.
3.0 Project Deliverables — All deliverables shall be determined by Xxxx Xxxxxx and Xxxxxx X. Xxxxxx.
4.0 Contract Payment — Fairground Media, Inc. agrees to pay Consultant at the rate of $7,000 per month for six months. Consultant agrees to provide invoices for services beginning July 10, 2007.
5.0 Supporting
Documentation
Supporting documentation will be amended to this agreement on an as needed
basis
IN WITNESS WHEREOF, the parties have executed this Agreement on the date first set forth above.
Consultant Consultant |
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Client Fairground Media, LLC. |
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By: |
/s/ Xxxx Xxxxx |
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By: |
/s/ Xxxx Xxxxxxx |
Title: Owner |
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Title: President/CEO |
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