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CONSULTING AGREEMENT BETWEEN AMERICAN MEDICAL TECHNOLOGIES, INC. AND CORESTRENGTH, INC

Consulting Services Agreement

CONSULTING AGREEMENT BETWEEN AMERICAN MEDICAL TECHNOLOGIES, INC. AND CORESTRENGTH, INC | Document Parties: AMERICAN MEDICAL TECHNOLOGIES INC/DE | CORESTRENGTH, INC You are currently viewing:
This Consulting Services Agreement involves

AMERICAN MEDICAL TECHNOLOGIES INC/DE | CORESTRENGTH, INC

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Title: CONSULTING AGREEMENT BETWEEN AMERICAN MEDICAL TECHNOLOGIES, INC. AND CORESTRENGTH, INC
Governing Law: Texas     Date: 2/20/2009
Industry: Medical Equipment and Supplies     Sector: Healthcare

CONSULTING AGREEMENT BETWEEN AMERICAN MEDICAL TECHNOLOGIES, INC. AND CORESTRENGTH, INC, Parties: american medical technologies inc/de , corestrength  inc
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Exhibit 10.1

CONSULTING AGREEMENT BETWEEN AMERICAN MEDICAL TECHNOLOGIES, INC. AND CORESTRENGTH, INC.

 

 

This CONSULTING AGREEMENT (the "Agreement") dated as of February 10, 2009 with an effective date of February 23, 2009 is by and between American Medical Technologies, Inc. a Delaware Corporation whose primary place of business is located in Corpus Christi, TX (the "Company"), and Corestrength, Inc., a Florida Corporation which agrees to provide the services of Jeffrey Goodman (the “Consultant”).

 

RECITALS

 

WHEREAS, the Company desires to obtain the services of Consultant and Consultant desires to provide services to the Company upon the terms and conditions hereinafter set forth:

 

NOW, THEREFORE, the parties hereby agree as follows:

 

1. Consulting Services.    The Company hereby retains the Consultant as Chief Executive Officer and as Director (“Engagement”), to provide and the Consultant agrees to provide, financial, management and general business advisory services (“Services”) to the Company as the Company may reasonably deem to be necessary and beneficial to its efficient and effective operation of its business operations in general.

 

2. Consideration.

 

A.  SCOPE of ENGAGEMENT During the Engagement the Consultant will serve as Chief Executive Officer and Director.  In that connection, Consultant will (i) devote his time, attention and energies to the business of the Company and will diligently and to the best of his ability perform all duties related to his Engagement hereunder, (ii) use his best efforts to promote the interests and goodwill of the Company, and (iii) perform such other duties commensurate with his office as the Board of Directors of the Company may from time-to-time assign to him.

 

B. CONSIDERATION .  In consideration for the Consulting Services to be performed by Consultant under this Agreement, the Company will pay $12,000 per month to Corestrength, Inc. of which Consultant is a beneficial owner.  Consideration for the Services will be paid as follows:  $3,000 at the commencement of this Agreement in consideration of the first week of Service and $6,000 on the 15 th and last day of each month for the duration of the term of the Agreement.

 

C.  EXPENSES . Additionally, the Company will reimburse Consultant for reasonable expenses incurred while the Agreement between Consultant and the Company exists including the following:

 

- All travel expenses to and from all work sites

 

- Meal expenses;

 

- Lodging Expenses if work demands overnight stays; and

 

- Miscellaneous travel-related expenses (parking and tolls.

 

Consultant shall submit written documentation and original receipts itemizing the dates on which expenses were incurred. The Company shall pay Consultant the amounts due pursuant to submitted reports within 14 days of receipt by the Company.

 

 


 

3. Independent Contractor.   Nothing herein shall be construed to create an employer-employee relationship between the Company and Consultant. Consultant is an independent contractor and not an employee of the Company or any of its subsidiaries or affiliates. The consideration set forth in Section 2 shall be the sole consideration due Consultant for the services rendered hereunder.  Consultant shall be responsible for the payment of any and all taxes to the Internal Revenue Service as well as any and all other taxes and other costs payable in the United States of America including taxes payable to any state or local jurisd


 
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