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Exhibit 4.3
EUROPEAN MARKETING CONSULTING
AGREEMENT
This Marketing Agreement
(“Agreement”) is dated for reference this 1
st day of April 2005
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BETWEEN:
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MS. HONG IN YOO
of B-102 Human villa 38-199, Yongmoon-dong, Yongmoon-gu,
Seoul, Korea (“Consultant”)
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AND:
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MERIDIAN CO.,
LTD., of 4F, Heungseong Bldg., 197-3, Jamsilbon-dong, Songpa-gu
Seoul, Republic of Korea
(“MERIDIAN”)
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BACKGROUND
FACTS:
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A.
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CONSULTANT has
extensive experience in marketing and research in European
territory.
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B.
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MERIDIAN
considers it to be in its best interest to engage CONSULTANT to
receive marketing consulting services for its products in Europe on
the terms and subject to the conditions hereinafter set
forth.
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In consideration of the
covenants and Agreements herein contained, and other good and
valuable consideration, the receipt and sufficiency of which are
hereby acknowledged by the Parties, the Parties hereby agree as
follows:
A.
SERVICES
CONSULTANT shall be responsible
for investigating potential marketing venues and methods
appropriate for Europe and shall research competitor products for
the purpose of establishing a competitive pricing structure and
marketing methods.
CONSULTANT also shall be
responsible for conducting market research in European territory
and preparing a marketing plan for MERIDIAN.
CONSULTANT during his research
shall communicate with representatives from the Company from time
to time during the market development process and shall assist the
Company for as the agents of EU member countries and other European
nations for the Company for all business the Company conducts
within the European territory.
B.
CONSIDERATION
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2.1
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In
consideration for the Services, MERIDIAN shall pay CONSULTANT the
minimum monthly retainer of $14,000 US or number of the
MERIDIAN’s common shares equivalent to the value of $14,000
US ($0.20 US per share) invoiced in advance each month.
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C. EXPENSES AND
COSTS
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3.1
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Company shall
pay all costs and expenses inc
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