Consulting Agreement
CONSULTING
AGREEMENT entered into this 23' i day
of June 2008, by and between Organetix, Inc, (the "Company"), and
Chris Davis ("Consultant").
WHEREAS, the
Company desires to hire the consulting services of Consultant in
the areas of Business Development. Mergers and Acquisitions and
Business Strategy for the Company (the "Services") in connection
the Company's business.
WHEREAS,
in consideration for the Services, the Company shall issue
its common stock upon the terms and conditions hereinafter set
forth.
NOW, THEREFORE,
for valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto agree as
follows-
1. Provision
of Services
Duties of
Consultant. The Consultant will provide such services and advice to
the Company so as to advise the Company in business development,
mergers and acquisitions, and business strategy. Without
limiting the generality of the foregoing, Consultant will also
assist the Company in developing, studying and evaluating
acquisition proposals, prepare reports and studies thereon when
advisable Nothing contained herein constitutes a commitment on the
part of the Consultant to find an acquisition target for the
Company or, if such target is found, that any transaction
will be completed. This Agreement is not a contract for listing
services, and nothing in this Agreement will require the Consultant
to negotiate on behalf of the Company with corporations that are
involved with listings or making a market in corporate securities
in the OTC markets Consultant would undertake such services under
the direction of Kyle Kennedy, Company CEO.
1.1 Duties Expressly Excluded, This Agreement
expressly excludes the Consultant from providing public relation
services to the Company inclusive of but not limited to (i) direct
or indirect promotion of the Company's securities; (ii) assistance
in making of a market in the Company's securities. The Consultant
shall not have the power of authority to bind the Company to any
transaction without the Company's prior written consent.
2. Issuance
of Stock
The Company
shall compensate the Consultant 1,000,000 shares of Company's
Common Stock.
The
aforementioned stock shall be considered earned upon exection of
the agreement
All work
performed by Consultant pursuant to this Agreement in connection
with the Services or otherwise, including, without limitation,
business and
