Exhibit
10.1
INDEPENDENT
CONTRACTOR AGREEMENT
This Agreement is entered
into as of the 30th day of April, 2007, between Metro One
Telecommunications (“the Company”) and DUANE
FROMHART (“the Contractor”).
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1.
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Independent
Contractor . Subject to the terms and
conditions of this Agreement, the Company hereby engages the
Contractor as an independent contractor to perform the services set
forth in Schedule A, and the Contractor hereby accepts such
engagement.
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2.
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Duties, Term, and
Compensation . The Contractor’s
duties, term of engagement, facilities, compensation and provisions
for payment thereof shall be as set forth in Schedule A, which may
be amended in writing from time to time, or supplemented with
subsequent estimates for services to be rendered by the Contractor
and agreed to by the Company, and which collectively are hereby
incorporated by reference.
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3.
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Expenses
. During the term
of this Agreement, the Contractor shall bill and the Company shall
reimburse him for all approved out-of-pocket expenses which are
incurred in connection with the performance of the duties hereunder
as described in Schedule A Expenses for the time spent by
Contractor in traveling to and from Company facilities shall not be
reimbursable.
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4.
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Written Reports
. The company may
request that project plans, progress reports and a final results
report be provided by Contractor on a monthly basis. Any such
report shall be in such form and setting forth such information and
data as is requested by the Company.
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5.
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Inventions
. Any and all
inventions, discoveries, developments and innovations conceived by
the Contractor during this engagement relative to the duties under
this Agreement shall be the exclusive property of the Company, and
the Contractor hereby assigns all right, title, and interest in the
same to the Company. Any and all inventions, discoveries,
developments and innovations conceived by the Contractor prior to
the term of this Agreement and utilized by him in rendering duties
to the Company are hereby licensed to the Company for use in its
operations and for an infinite duration. This license is
non-exclusive, and may be assigned without the Contractor’s
prior written approval by the Company to a wholly-owned subsidiary
of the Company.
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6.
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Confidentiality
. The Contractor
acknowledges that during the engagement s/he will have access to
and become acquainted with various trade secrets, inventions,
innovations, processes, information, records and specifications
owned or licensed by the Company and/or used by the Company.
Therefore, the Contractor is bound by the terms of the
Company’s confidentiality and Proprietary Rights Agreement
(Schedule B).
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7.
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Conflicts of Interest;
Non-hire Provision . The Contractor represents
that she is free to enter into this Agreement, and that this
engagement does not violate the terms of any agreement between the
Contractor and any third party. Further, the contractor, in
rendering his duties shall not utilize any invention, discovery,
development, improvement, innovation, or trade secret in which she
does not have a proprietary interest. During the term of this
agreement, the Contractor shall devote as much of his productive
time, energy and abilities to the performance of his duties
hereunder as is necessary to perform the required duties in a
timely and productive manner. The Contractor is expressly free to
perform services for other parties while performing services for
the Company. For a period of six months following any termination,
the Contractor shall not, directly or indirectly hire, solicit, or
encourage to leave the Company’s employment, any employee,
consultant, or contractor of the Company or hire any such employee,
consultant, or contractor who has left the Company’s
employment or contractual engagement within one year of such
employment or engagement.
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8.
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Right to
Injunction. The parties hereto
acknowledge that the services to be rendered by the Contractor
under this Agreement and the rights and privileges granted to the
Company under the Agreement are of a special, unique, unusual, and
extraordinary character which gives them a peculiar value, the loss
of which cannot be reasonably or adequately compensated by damages
in any action at law, and the breach by the Contractor of any of
the provisions of this Agreement will cause the Company irreparable
injury and damage. The Contractor expressly agrees that the Company
shall be entitled
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