Consulting Agreement
This agreement entered into at Richmond in the Province of B.C. this 1st day of
July, 1999
Between:
Xxx Xxxxx
(hereinafter called the "Consultant"
of the first part
and:
Digital Video Display Technology Corp.
(hereinafter called the "Client"
of the second part
Whereas:
1. The Consultant is engaged in the business of providing consulting and
professional services to business enterprises.
2. The Client desires to avail itself of these services of the Consultant in
connection with certain of the Clients business activities and the Consultant
desires to enter into this agreement with the Client:
In consideration of the mutual promises and agreements contained in this
agreement, and other good and valuable consideration, the parties agree as
follows:
1. In lieu of cash the remuneration shall be 50,000 shares of Digital Video
Display Technology Corp. and shall be issued upon the signing of this agreement.
2. The shares will be issued pursuant to rule 144 dated the date of the
agreement.
3. The company further agrees to register the shares for sale upon its
registration for small cap or national NASDAQ or at the time other restricted
shares may be registered.
4. This agreement shall insure to the benefit of and be binding upon the
parties hereto and their respective heirs administrators, successors and
assigns.
In Witness Whereof, the parties have executed this agreement
on the day and year first above written.
Digital Video Display Technology Corp.
/s/ Xxx Xxxxxxxxx /s/ Xxx Xxxxx
Xxx Xxxxxxxxx, President
