Exhibit 10.2
Cowboy
International Inc.
Services Agreement - Confidential
SERVICES AGREEMENT
This
Consulting Agreement (this “Agreement”) is entered into
as of August 3 rd , 2007 (“Effective Date”),
by and between Disaboom, Inc. (the “Client”), and
Cowboy International Inc. (the “Agency”) (collectively,
the “Parties”).
RECITALS
1. Agency
has expertise in the area of the Client’s business and is
willing to provide consulting services to the Client.
2. Client is
willing to engage Agency as their Agency of Record on the terms and
conditions set forth herein.
AGREEMENT
In
consideration of the foregoing and of the mutual promises set forth
herein, and intending to be legally bound, the parties hereto agree
as follows:
|
|
|
|
|
1.
|
Engagement .
|
|
|
|
|
|
a.
|
Client
hereby engages Agency to manage and/or render the services
summarized in Exhibit A hereto and such other services as may be
agreed to in writing by the Client and Agency from time to time.
Parties acknowledge that not all services summarized in Exhibit A
may ultimately be managed and/or rendered over the course of the
Agreement by Agency.
|
|
|
|
|
|
|
b.
|
Agency
hereby accepts the engagement to provide Services to the Client on
the terms and conditions set forth herein.
|
|
|
|
|
|
|
c.
|
Agency
agrees not to provide consulting services that: (1) interfere with
the proper and efficient performance of the Services for Client
during the term of this Agreement, (2) compete directly or
indirectly with the business in which Client is engaged during the
Term of this Agreement and for a period of twice the number of
months Services are provided to Client after it’s completion
or Termination, or (3) otherwise are prohibited under this
Agreement.
|
|
|
|
|
|
2.
|
Term
. Unless terminated, the term of this Agreement shall be effective
through June 30 th , 2008. Client or Agency may
terminate this Agreement for any reason or for no reason at anytime
upon written notice to the other party. Such notice shall be
delivered by certified mail or personal delivery. Notwithstanding
anything in this Agreement to the contrary, in the event of early
termination of this Agreement, Client will remain liable to the
Agency for payment of all approved expenses and all Services
actually rendered by the Agency through the effective date of such
termination including one (1) month advance fee if terminated prior
to expiration. In the event of termination, Agency shall
immediately upon
|
Cowboy
International Inc.
Services Agreement - Confidential
|
|
|
|
|
|
receipt of
payment deliver to Client all deliverables, reports, documents or
other work product created for Client in the performance of its
Services.
|
|
|
|
|
3.
|
Compensation and Payment .
|
|
|
|
|
|
a.
|
Subject to
the terms of the Agreement and in consideration of the Services to
be performed by Agency, the Client agrees to pay Agency in the
manner set forth in Exhibit A.
|
|
|
|
|
|
|
b.
|
Out of
Pocket expenses incurred by Agency that are authorized by the
Client in writing shall be reimbursed by Client to
Agency.
|
|
|
|
|
|
|
c.
|
Agency will
be paid a monthly retainer for all Services, on a current basis, in
the amount of $133,071. Promptly upon the completion of each month,
but no later than thirty (30) days of completing the monthly
Services, Agency shall provide Client with an invoice for Services
rendered and Out of Pocket expenses. Such invoice shall be
accurate, complete, and include sufficient detail to substantiate
net amounts due thereunder (i.e., net of the current pay retainer
fee referenced above). Media buying decreases may result in a
partial offset of the media buying fees. Amounts due shall be
payable within thirty (30) days of Client’s receipt of a
correct and undisputed invoice from Agency.
|
|
|
|
|
|
4.
|
Representations and Warranties . Agency represents and
warrants (i) that Agency has no obligations, legal or otherwise,
inconsistent with the terms of this Agreement or with
Agency’s undertaking this relationship with the Client, (ii)
that the performance of the services called for by this Agreement
do not and will not violate any applicable law, rule or regulation
or any proprietary or other right of any third party, (iii) that
Agency will not use in the performance of the responsibilities
under this Agreement any confidential information or trade secrets
of any other person or entity, unless both the third party and
Client provide written consent to such use, and (iv) that Agency
has not entered into or will enter into any agreement (whether oral
or written) in conflict with this Agreement. Client represents and
warrants that it possesses the appropriate right, title and
interest in and to any information or materials provided by Client
to Agency in connection with the services to be provided
hereunder.
|
|
|
|
|
5.
|
Entire
Agreement . Except for the terms and conditions contained in
the Confidentiality Agreement executed by the Parties in June 2007,
this Agreement, contains the entire understanding and agreement
between the parties hereto with respect to its subject matter and
supersedes any prior or contemporaneous written or oral agreements,
representations or warranties between them respecting the subject
matter hereof.
|
|
|
|
|
6.
|
Amendment . This Agreement may be amended only by a
writing signed by Agency and by a representative of the Client duly
authorized.
|
|
|
|
|
7.
|
Severability . If any term, provision, covenant or
condition of this Agreement, or the application thereof to any
person, place or circumstance, shall be held by a court
of
|
Cowboy
International Inc.
Services Agreement - Confidential
|
|
|
|
|
competent
jurisdiction to be invalid, unenforceable or void, the remainder of
this Agreement and such term, provision, covenant or condition as
applied to other persons, places and circumstances shall remain in
full force and effect.
|
|
|
|
|
8.
|
Rights
Cumulative . The rights and remedies provided by this Agreement
are cumulative, and the exercise of any right or remedy by either
party hereto (or by its successors),
|
|