SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising -- Ignore unavailable to you. Want to Upgrade?


To: Jon Tara who wrote (1268)3/1/1999 12:32:00 PM
From: HIGHPLANESDRIFTER  Respond to of 2003
 
This Pillaging is more modest ...

but the nature of the consultant is unclear:

ENHANCED SERVICES COMPANY, INC.

Consulting Agreement

In consideration of the agreement of ENHANCED SERVICES COMPANY, INC. (the "Company") to compensate INTERSTOCK INVESTORS CORPORATION as an independent consultant ("Consultant") with respect to services previously rendered and, in
addition, to provide from time to time services for the term and at the
compensation rate specified below, Consultant agrees with the Company as follows:

1. Performances of Services. The Company expressly acknowledges and agrees that Consultant has performed substantial services for the Company prior to the date hereto for which Consultant has not been compensated adequately, including compensation paid pursuant to consulting agreements with one or more affiliates of Consultant. Accordingly, the Company agrees that, although
Consultant is agreeing hereby to make itself available on a limited basis for consulting services, substantially all of the fees payable hereunder are with respect to such prior services and do not require the performance of any services by Consultant in the future. The services that Consultant agrees hereby to perform in the future shall consist generally of strategic planning, implementation of business development planning and advice with respect to corporate finance and Internet industry analysis.

2. Term. The term of this Agreement shall be for five years ("Term"), commencing January 1, 1999. During the Term, Consultant agrees to make itself available from time to time to perform services, but shall be not be required to devote more than five hours per week or twenty hours per month to providing services hereunder. On request, Consultant agrees to make itself available to the Company's subsidiary and affiliated corporations.

3. Compensation and Expenses. The Company will pay compensation to Consultant during the Term at the rate of $20,000 per month, without deduction. In addition, the Company shall grant to Consultant a stock purchase warrant (the "Warrant") to acquire two hundred thousand (200,000) shares of the common stock of the Company ("Common Shares") at an exercise price of $0.50 per share, which Warrant shall be fully vested and exercisable on the date of issuance and for two years thereafter. The Warrant shall be substantially in the form set forth as Exhibit A thereto. During the Term, the Company shall provide reimbursement for office expenses in Rhode Island, including secretarial assistance, up to $3,000 per month.

[HPD: Another PLUS, PLUS, PLUS contract, and now ESVS has to fund yet another office!]

Consultant will be entitled to reimbursement of previously approved expenses monthly in arrears upon submission of receipts and expense vouchers to the Company. The Company agrees to provide first class airfare for trips on Company business which are in excess of one and one-half hours flying time. Reimbursable expenses shall include, but not be limited to, telephone, facsimile, office supplies and costs, and travel expenses.

As additional consideration for compensation to be paid to Consultant, Consultant agrees to allow the Company to use its name in connection with information that may be disseminated concerning the Company.

[HPD: Hmmm, that latter could be useful to support another P&D.
And there's still another one of these!!]



To: Jon Tara who wrote (1268)3/1/1999 12:50:00 PM
From: HIGHPLANESDRIFTER  Respond to of 2003
 
And this more modest pillaging again ...

it almost seems civilized by comparison with the heavy-handed work here on this side of the big pond ... what was it, $70,000 per month PLUS PLUS PLUS???

CONSULTING AGREEMENT

AGREEMENT made this 8th day of October, 1998, by and between Fontenoy Investments #71, LTD, a corporation having its principal place of business at 12-14 Finch Road, Douglas, Isle of Man, England IM991TT, hereinafter referred to as the "Consultant", and Enhanced Services Company, Inc.,

1. OBLIGATIONS OF CONSULTANT

1.1 Consultant will review the Company's European marketing plan and advise the Company as to Consultant's suggested changes.

1.2 Consultant will make all necessary arrangements at the Company's sole cost and expense to introduce the Company to appropriate financial consultants, fund managers, media personnel and other members of the financial community, as well as to public relations firms and media sources, with a goal toward enhancing the financial community's knowledge, information and awareness of the Company and its operations.

1.3 Consultant will also use its best efforts to identify and arrange for meetings with investors and brokerage firms in Europe who may be interested in the Company

[HPD: Do they have capacity to cope with the expected rush?].

2. COMPENSATION AND EXPENSES

2.1 Contractor has agreed to accept 300,000 Shares of the Company's Common Stock as full compensation, upon execution of this Agreement. All Shares are immediately registered.

[HPD: Look for these in the market already, or in each speciallly marked box of BS issued by the company!]

Compensation, compensation everywhere, and not a drop of revenue! Nice if you can do it!