CONSULTING
AGREEMENT
This Consulting Agreement (the
“Agreement”), effective as of May 11, 2009, is entered
into by and between KEYON COMMUNICATIONS a Delaware corporation,
having its headquarters at 11742 Stonegate Circle, Omaha, NE
(herein referred to as the “Company”), and LIVIAKIS
FINANCIAL COMMUNICATIONS, INC., a California corporation (herein
referred to as the “Consultant”). This agreement
supercedes any prior oral or written agreements between the parties
hereto.
WHEREAS, Company desires to engage the services of
Consultant to represent the Company in investors’
communications and public relations with existing and prospective
shareholders, brokers, dealers and other investment professionals
with respect to the Company’s current and proposed
activities, and to consult with the Company’s management
concerning such activities.
NOW THEREFORE,
in consideration of the mutual
obligations contained herein, the parties agree as
follows:
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1)
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Term and Termination of Consultancy
. The Company hereby agrees to
retain the Consultant to act in a consulting capacity to the
Company, and the Consultant hereby agrees to provide services to
the Company commencing on the effective date and ending May 10,
2010, provided however, that this Agreement may be terminated by
the Company at any time prior to the Termination Date.
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2)
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Duties of Consultant. The Consultant agrees that
it will generally provide the following consulting
services:
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a)
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Assist the Company in raising capital through
introductions (it is understood the Consultant is not an
“Investment banking” firm);
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b)
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Consult and assist the Company in developing and
implementing appropriate plans and means for presenting the Company
and its business plans, strategy and personnel to the financial
community, establishing an image for the Company in the financial
community, and creating the foundation for subsequent financial
public relations efforts;
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c)
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Introduce the Company to the financial
community;
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d)
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With the cooperation of the Company, maintain an
awareness during the term of this Agreement of the Company’s
plans, strategy and personnel, as they may evolve during such
period, and consult and assist the Company in communicating
appropriate information regarding such plans, strategy and
personnel to the financial community;
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e)
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Assist and consult with the Company with respect
to its (i) relations with stockholders, (ii) relations with
brokers, dealers, analysts and other investment professionals, and
(iii) financial public relations generally;
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f)
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Perform the functions generally assigned to
stockholder relations and public relations departments in major
corporations, including responding to telephone and written
inquiries (which may be referred to the Consultant by the Company);
preparing reports and other communications with or to shareholders,
the investment community and the general public; consulting with
respect to the timing, form, distribution and other matters related
to such, reports and communications; and, at the Company’s
request and subject to
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the
Company’s securing its own rights to the use of its names,
marks, and logos, consulting with respect to corporate symbols,
logos, names, the presentation of such symbols, logos and names,
and other matters relating to corporate image;
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g)
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Upon the Company’s direction and approval,
disseminate information regarding the Company to shareholders,
brokers, dealers, other investment community professionals and the
general investing public;
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h)
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Upon the Company’s approval, conduct
meetings, in person or by telephone, with brokers, dealers,
analysts and other investment professionals to communicate with
them regarding the Company’s plans, goals and activities, and
assist the Company in preparing for press conferences and other
forums involving the media, investment professionals and the
general investment public;
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i)
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At the Company’s request, review business
plans, strategies, mission statements budgets, proposed
transactions and other plans for the purpose of advising the
Company of the public relations implications thereof;
and,
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j)
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Otherwise perform as the Company’s
consultant for public relations and relations with financial
professionals.
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3)
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Allocation of Time and Energies
. Consultant agrees to perform and
discharge faithfully the responsibilities which may be assigned to
the Consultant from time to time by the officers and fully
authorized representatives of the Company in connection with the
conduct of its financial and public relations and communications
activities, so long as such activities are in compliance with
applicable securities laws and regulations. Although no specific
hours-per-day requirement will be required, Consultant agrees that
it will perform the duties set forth in this Agreement in a
diligent and professional manner It is explicitly understood that
Consultant’s performance of its duties hereunder will in no
way be measured by the price of the Company’s common stock,
nor the trading volume of the Company’s common stock. It is
also understood that the Company is entering into this Agreement
with the Consultant, and not any individual member of the
Consultant. Consultant will not be deemed to have breached this
agreement if any member, officer or director of Consultant leaves
the firm or dies or becomes physically unable to perform any
meaningful activities during the term of the Agreement, provided
the Consultant otherwise performs its obligations under this
Agreement.
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4)
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Compensation . As full and complete compensation for
undertaking this engagement and for performance the services
described in herein, the Company shall:
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a)
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Issue and deliver to Consultant an aggregate of
1,880,000 fully paid and non-assessable shares of restricted common
stock of the Company, at a price of $0.00 per share (the
“Shares”), and in addition:
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Michael Bayes:
Two hundred Thousand (200,000) shares, at a price of $0.00 per
share fully paid and non-assessable restricted common stock of the
Company.
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Paul Cicco:
Twenty Thousand (20,000) shares, at a price of $0.00 per share
fully paid and non-assessable restricted common stock of the
Company.
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Vickie
Marinovich: Ten Thousand (10,000) shares, at a price of $0.00 per
share fully paid and non-assessable restricted common stock of the
Company.
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Lori White: Ten
Thousand (10,000) shares, at a pric
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