Aurelius Consulting Group, Inc Marketing AgreementAdvertising or Marketing Agreement |
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EXHIBIT 10.41
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Aurelius Consulting Group, Inc
Marketing Agreement
This AGREEMENT (the “Agreement”) made and entered into this 7th day of January, 2005, by and between Aurelius Consulting Group, Inc., located at Century Bank Building, 541 S. Orlando Ave, Suite 206, Maitland, Florida 32751 (hereinafter referred to as “ACG”) and Invisa, Inc. (hereinafter referred to as “The Company”), located at 4400 Independence Court, Sarasota, FL 34234.
WITNESSETH:
For and consideration of the mutual promises and covenants contained herein, the parties hereto agree as follows:
1. EMPLOYMENT
The Company hereby hires and employs ACG and employs ACG as an independent contractor; and ACG does hereby accept its position as an independent contractor to the Company upon the terms and conditions hereinafter set forth.
2. TERM
The initial term of this Agreement shall be for six (6) months (“Term”) from the date written above.
3. DUTIES AND OBLIGATIONS OF ACG
ACG shall have the following duties and obligations under this Agreement.
3.1 ACG will introduce the Company to its broker network; disseminate information about the Company; quantify book buying activity; and as appropriate organize teleconferences, city-wide broker conferences, and on-site due diligence meetings with select groups of brokers, micro-cap analysts and fund managers; and focus on creating consistent increases in daily trading activity.
3.2 ACG will be available to the Company to field any calls from firms, individual investors/shareholders and brokers inquiring about the Company.
3.3 At the Company’s request, strive to obtain the Company analyst coverage and/or investment banking sponsorship.
Century Bank Building, 541 S. Orlando Ave., Suite 206, Maitland, Florida 32751 (407)-644-4256, fax: (407) 644-0758
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3.4 ACG will report to the Company the results of its efforts no less frequently than quarterly, or as requested by the Company, and in sufficient detail, as to permit the Company to evaluate the effectiveness of ACG’s services.
3.5 After the first six months of service, the Company will have the right to continue or terminate the relationship with ACG; and thereafter the Company will have the right to evaluate ACG’s performance every ninety (90) days in order to determine whether to continue the relationship as set forth in this Agreement.
3.6 The Company may terminate the Marketing Agreement with ACG by providing written notice thirty (30) days before the termination date, but only upon the completion of each subsequent three (3) months of service.
4. ACG’S COMPENSATION
Upon the execution of this Agreement, the Company hereby covenants and agrees to pay ACG as follows during the Term hereof:
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4.1 |
$2,000.00 per month, paid in quarterly installments of $6,000.00, the first installment being due within (5) five days of the execution of this agreement, and the second installment due within (5) five days after the (3) third month of service |
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4.2 |
100,000 warrants per each (3) months of service with an exercise price of .50 cents for, the first payment being due within (5) five days of the execution of this agreement. |
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4.3 |
Consulting fee of $50,000 for the introduction of any entity introduced by ACG who provides funding to INSA of $1 million or more. |
