CONSULTING SERVICES AGREEMENT
This Agreement (the
“Agreement”) is made and entered into effective as of
March 1, 2009 (“the Effective Date”), by and among
Profit Planners Management, Inc. , a Nevada corporation
(“PPM”), and 3A Media, Inc. , a New Jersey
corporation (“3A”)
WHEREAS, PPM has entered into a
Consulting Services Agreement (the “Agreement”) dated
March 1, 2009, with 3A.
NOW THEREFORE, the parties agree as
follows:
1.
Management Services
PPM agrees to provide monthly management
and financial advisory services to 3A and to render all other
services relevant thereto.
2.
Consulting Fee/Expense
Reimbursement
The price for furnishing the consulting
services shall be One Thousand ($1,000.00) Dollars per month
(“Consulting Fee”). Fees shall be earned
commencing on the Effective Date, and shall be paid monthly within
15 days of the close of each month thereafter, and shall be
reconciled annually on or before 90 days after the close of each
calendar year thereafter during the term of this Agreement. 3A
shall not be liable to PPM for any expenses paid or incurred by PPM
in the course of providing services hereunder, unless otherwise
agreed to in writing.
In addition, 3A shall reimburse PPM for
the cost of reasonable and necessary out-of-pocket expenses
incurred by PPM on behalf of, or the benefit of 3A and attributable
to 3A in connection with the performance of its management services
hereunder. Such expenses may include (but not be limited to) a pass
through or allocation of legal, audit or accounting expenses
attributable to 3A; provided, however, that matters of general
overhead of PPM will not be charged to 3A. Such expenses will be
invoiced and reimbursement made by 3A on a monthly
basis.
3.
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