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EXHIBIT 4.26
PROFESSIONAL SERVICES AGREEMENT
Between Registrant and Xxxxx Xxxxxxxx
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PROFESSIONAL SERVICES AGREEMENT
This Agreement memorializes an Agreement between Helionetics, Inc.,
with its place of business at 0000 Xxxxxxxxxxx Xxxxxx, Xxx Xxxx, Xxxxxxxxxx
00000 (herein referred to as "Client") and Xxxxx Xxxxxxxx with his\their place
of business at (herein referred to as "Employee\Consultant") as through AUGUST
1996. In consideration of the mutual covenants contained herein and other
valuable consideration, the receipt and adequacy of which is acknowledged, the
parties do hereby agree as follows:
I. QUALIFICATION: The Employee has special skill and and experience in
certain fields of activity in which the Client is interested.
II. SERVICES RENDERED: Client engaged the nonexclusive services of
Employee in 1995\1996 and Employee rendered substantial services to
Client over the period as agreed upon.
III. COMPENSATION: The Client issued to Employee an amount of 15,000
restricted shares of the Client's common stock, in payment in full
for the aforesaid services rendered through the period agreed upon.
IV. ENTIRE AGREEMENT: This document represents the complete agreement
between the parties and may be modified or amended only by executed
written agreements. This Agreement shall be construed in accordance
with the laws of the State of California.
IN WITNESS WHEREOF: The parties hereto have duly executed this Agreement as of
the day and year noted above.
"Client" "Consultant"
HELIONETICS, INC.
By:/s/ E. XXXXXXX XXXXXX /s/ XXXXX XXXXXXXX
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E. Xxxxxxx Xxxxxx Xxxxx Xxxxxxxx
Chief Executive Officer