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HALBERD CORP | River Star, LLC. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Exhibit 10.3
Chief of Staff Services Agreement
THIS AGREEMENT made as of the 14 th day of November , 2008
B E T W E E N:
River Star, LLC, or nominee , (the “Chief of Staff”)
- and -
SellMyBusinessNow.com, a Michigan Corporation; And, any Subsidiary entities of SellMyBusinessNow.com (the “Company”)
IN CONSIDERATION OF the mutual covenants, terms and agreements herein contained, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
1
The Company shall pay to the Chief of Staff the amount owing for each month, in advance, on the 10 th day of each month for the term of this agreement. The Company shall pay all amounts as called for herein to such place as directed by the Chief of Staff.
Upon termination of this Agreement for any reason and upon request of the Company, the Chief of Staff shall deliver to the Company all written or descriptive matter which has been developed, maintained or copied by the Chief of Staff in furtherance of this Agreement, or which may contain Confidential Information (as defined below), including, but not limited to drawings, files, lists, plans, blueprints, papers, documents, tapes or any other such media. The Chief of Staff shall secure all such written or descriptive matter in locked files at all times to prevent their loss or unauthorized disclosure, and to segregate Confidential Information at all times from the material of others. In the event of loss or destruction of any such written or descriptive matter, the Chief of Staff shall promptly notify the Company of the particulars of the same in writing.
2
Company also agrees that any relationship brought to the Company by the Chief of Staff is the property of the Chief of Staff. Further, any fund, fund manager or other financial, legal, or other person or specialist brought to the Company by the Chief of Staff and any funding brought to the Company by any such person entitles the Chief of Staff to the bonus listed in Section 2(b) above.
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