1 st AMENDMENT
CONSULTING AGREEMENT
THIS AMENDED CONSULTING AGREEMENT (the
“Agreement”) is made as of the 14th day of MAY, 2009
(the “Effective Date”).
BETWEEN:
ANAVEX LIFE SCIENCES CORP.
A Nevada State Corporation with an
office at 14, Rue Kleberg CH-1201 Geneva Switzerland.
(hereinafter the “Company”) OF THE
FIRST PART
AND
CAMERON DURRANT
An individual residing at #90 Fairmount Road
West, Califon, NJ 07830-3330, USA
(Hereinafter the “Consultant”). OF
THE SECOND PART
W I T N E S S E T H:
WHEREAS the Company and the Consultant entered into an Agreement
dated May 20, 2008 and desire to amend the terms of the
Agreement
WHEREAS the Consultant has developed considerable expertise
in the field of Corporate and Strategic Business
Development.
AND WHEREAS Consultant wishes to perform such services among
others for and on behalf of the Company and the Company desires to
obtain and apply the expertise of the Consultant to the Business of
the Company.
NOW THEREFORE THIS AGREEMENT WITNESSES that for good and
valuable consideration (the receipt of which is hereby acknowledged
by each of the parties hereto) the parties make the arrangements
and acknowledgements hereinafter set forth:
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1.0
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Consulting Services
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The Company hereby retains the
services of the Consultant and the Consultant hereby agrees to
provide the consulting services (the “Services”) to the
Company described in this Agreement, by providing such Services to
benefit the Company and its determination and implementation of the
Company's plans for its Business.
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2.0
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Term
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- 2 -
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2.1
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The term of this Agreement shall
be for a period of two (2) years, commencing on the 30
th day of April, 2008 and, subject to the termination
provisions contained herein, shall terminate on the 1st day of May,
2010. This Agreement may be renewed for such subsequent term and
with such amendments as may be mutually agreed to in writing from
time to time by the Company and the Consultant.
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3.0
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Consultant’s
Obligations
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3.1
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The Consultant agrees that during
the term of this Agreement, he shall:
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a)
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provide such of the Consulting
Services to the Company in the manner as the Company and the
consultant may reasonably agree from time to time in
writing;
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b)
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use such of his effort, skill,
attention and resources to properly render the Consulting Services
to the company;
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c)
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subject to the terms herein,
provide materials relating to the Company’s business to
persons requesting information about the Company in a manner
consistent with the provisions of the Consulting
Services;
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d)
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Provide the Consulting Services
on a basis which does not impair the activities and business
interests of the Company;
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e)
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Perform the Consulting Services
in accordance with all applicable laws, including but not limited
to, applicable securities rules and regulations and the rules and
policies of any stock exchange or stock quotation service on which
the Company’s securities are traded or quoted.
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