Exhibit 10.39

CONSULTING AGREEMENT

This Consulting Agreement (the “Agreement”) is made and entered into as of this
24th day of January 2011, by and between FITT Highway Products, Inc., a Nevada
corporation (the “Company”) and E 2 Investments, LLC, (the “Consultant”) , a
Florida Entity, (individually, a “Party”; collectively, the “Parties”).  This
Agreement is non-exclusive.

 
RECITALS

WHEREAS, Consultant has significant experience in the areas of business
consulting including but not limited to acquisitions, joint ventures, business
relations, public company relations; and
 
WHEREAS, the Company desires to retain Consultant to assist with its business
relations.

NOW, THEREFORE, in consideration of the mutual promises herein contained, the
Parties hereto hereby agree as follows:

1.  CONDITIONS.  This Agreement will not take effect, and Consultant will have
no obligation to provide any service whatsoever, unless and until the Company
sends a signed copy of this Agreement to Consultant (either by mail or facsimile
copy).  The Company shall be truthful with Consultant in regard to any relevant
material regarding the Company, verbally or otherwise, or this entire Agreement
will terminate and all consideration paid shall be forfeited without further
notice.
 
Upon execution of this Agreement, the Company agrees to cooperate with
Consultant in carrying out the purposes of this Agreement, keep Consultant
informed of any developments of importance pertaining to the Company’s business
and abide by this Agreement in its entirety.
 
2.  TERM OF AGREEMENT.  This Agreement shall be in full force and effect
commencing upon the date hereof and shall have a term of eight (8)
weeks.  Either Party shall have the right to terminate this Agreement without
notice in the event of the bankruptcy, insolvency, or assignment for the benefit
of creditors of the other Party.  Either Party shall have the right to terminate
this Agreement with notice, and the effective date of termination shall be the
date such notice is received (by mail, overnight delivery, or fax) by the
terminated Party.

3.  CONSULTING SERVICES.  During the term of this Agreement, Consultant will
perform the services described below (the “Consulting Services”) for the
Company.

(a)  Transactional Business
(i) Provide advise on acquisitions, joint ventures, structuring of transactions,
public company relations
(ii) Meet with Management and the Board of Fitt Highway to discuss financing,
acquisitions, joint ventures.
(iii) Introduce the Company to potential investors
 
 
 
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(b)  Additional Duties.  Consultant shall perform such additional duties as may
be mutually agreed upon by the Company and Consultant.
 
4.  STANDARD OF PERFORMANCE. Consultant shall devote such time and efforts to
the affairs of the the Company as is reasonably necessary to render the services
contemplated by this Agreement.  Consultant is not responsible for the
performance of any services that may be rendered hereunder if the Company fails
to provide the requested information in writing prior thereto.  The services of
Consultant shall not include the rendering of any legal opinions or the
performance of any work that is in the ordinary purview of a certified public
accountant.  Consultant cannot guarantee results on behalf of the Company, but
shall use commercially reasonable efforts in providing the services listed
above.  If an interest is expressed in satisfying all or part of the Company’s
financial needs, Consultant shall notify the Company and advise it as to the
source of such interest and any terms and conditions of such interest.
Consultant’s duty is to introduce and market the Company’s funding request to
appropriate funding sources.  Consultant will in no way act as a “broker-dealer”
under state securities laws.  Because all final decisions pertaining to any
particular investment are to be made by the Company, the Company may be required
to communicate directly with potential funding sources.
 
5.  COMPENSATION TO CONSULTANT.  As Consultant’s entire compensation for its
performance under this agreement,the Company shall issue to Consultant 400,000
shares of its common stock, which shares shall be free-trading provided by a
third party non-affilitate of the Company, and 300,000 shares of its common
stock, which shall carry a Rule 144 restriction, all vested effective the date
hereof.  The shares will be held by the Company and issued to Consultant as
follows:
 

   Free-Trading  Rule 144  Share Release Date  Shares to Release  Shares to
Release  February 2, 2011   400,000  300,000  Total      400,000 300,000

 
                                                                                                                                                                                                                                 

Share issuances will not be prorated between release dates.  The Consultant will
be solely responsible for all tax returns and payments required to be filed with
or made to any federal, state or local tax authority with respect to the
Consultant’s performance of services and receipt of fees under this
Agreement.  The Company will regularly report amounts paid, if any, to the
Consultant by filing Form 1099-MISC and/or other appropriate form with the
Internal Revenue Service as required by law.  Because the Consultant is an
independent contractor, the Company will not withhold or make payments for
social security; make unconsulting contract insurance or disability insurance
contributions; or obtain worker’s compensation insurance on the Consultant’s
behalf.  The Consultant agrees to accept exclusive liability for complying with
all applicable state and federal laws governing self-employed individuals,
including obligations such as payment of taxes, social security, disability and
other contributions based on fees paid to the Consultant under this
Agreement.  The Consultant hereby agrees to indemnify and defend the Company
against any and all such taxes or contributions, including penalties and
interest.

 
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6.  CONFIDENTIAL INFORMATION.  The Consultant and the Company acknowledge that
each will have access to proprietary information regarding the business
operations of the other and agree to keep all such information secret and
confidential and not to use or disclose any such information to any individual
or organization without the non-disclosing Parties prior written consent.  It is
hereby agreed that from time to time Consultant and the Company may designate
certain disclosed information as confidential for purposes of this Agreement.

7.  INDEMNIFICATION.  Each Party (the “Indemnifying Party”) agrees to indemnify,
defend, and hold harmless the other Party (the “Indemnified Party”) from and
against any and all claims, damages, and liabilities, including any and all
expense and costs, legal or otherwise, caused by the negligent act or omission
of the Indemnifying Party, its subcontractors, agents, or employees, incurred by
the Indemnified Party in the investigation and defense of any claim, demand, or
action arising out of the work performed under this Agreement; including breach
of the Indemnifying Party of this Agreement.  The Indemnifying Party shall not
be liable for any claims, damages, or liabilities caused by the sole negligence
of the Indemnified Party, its subcontractors, agents, or employees.

The Indemnified Party shall notify promptly the Indemnifying Party of the
existence of any claim, demand, or other matter to which the Indemnifying
Party’s indemnification obligations would apply, and shall give them a
reasonable opportunity to settle or defend the same at their own expense and
with counsel of their own selection, provided that the Indemnified Party shall
at all times also have the right to fully participate in the defense.  If the
Indemnifying Party, within a reasonable time after this notice, fails to take
appropriate steps to settle or defend the claim, demand, or the matter, the
Indemnified Party shall, upon written notice, have the right, but not the
obligation, to undertake such settlement or defense and to compromise or settle
the claim, demand, or other matter on behalf, for the account, and at the risk,
of the Indemnifying Party.

The rights and obligations of the Parties under this Article shall be binding
upon and inure to the benefit of any successors, assigns, and heirs of the
Parties.

8.  COVENANTS OF CONSULTANT.  Consultant covenants and agrees with the Company
that, in performing Consulting Services under this Agreement, Consultant will:

(a)           Comply with all federal and state laws;
(b)           Not make any representations other than those authorized by the
Company; and
(c)           Not publish, circulate or otherwise use any materials or documents
other than materials provided by or otherwise approved by the Company.
 
9.  COVENANTS OF THE COMPANY.  The Company covenants, represents and warrants to
Consultant as follows:

(a)  Authorization.  The Company and its signatories herein have full power and
authority to enter into this Agreement and to carry out the transactions
contemplated hereby.
(b)  No Violation.  Neither the execution and delivery of this Agreement nor the
consummation of the transactions contemplated hereby will violate any provision
of the charter or by-laws of the Company, or violate any terms of provision of
any other material agreement to which the Company is a party or any applicable
statute or law.
(c)  Contracts in Full Force and Effect.  All contracts, agreements, plans,
policies and licenses to which the Company is a party are valid and in full
force and effect.
(d)  Consents.  No consent of any person, other than the signatories hereto, is
necessary to the consummation of the transactions contemplated hereby,
including, without limitation, consents from parties to loans, contracts, lease
or other agreements and consents from governmental agencies, whether federal,
state, or local.
(e)  Consultant Reliance.  Consultant has and will rely upon the documents,
instruments and written information furnished to Consultant by the Company’s
officers or designated employees.
(f)  Company’s Material.  All representations and statements provided herein
about the Company are true and complete and accurate.  The Company agrees to
indemnify, hold harmless, and defend Consultant, its officers, directors, agents
and employees, at the Company’s expense for any proceeding or suit which may
raise out of any inaccuracy or incompleteness of any such material or written
information supplied to Consultant.
(g)  Services Not Expressed or Implied.  Consultant is not and will not be a
market-maker (but may be a placement agent by other “Selling Agreement” from
time-to-time) in the Company’s securities or in any securities or securities in
which the Company or the Company’s affiliates has an interest; and, any payments
made herein to Consultant are not, and shall not be construed as, compensation
to Consultant for the purpose of making a market, to cover Consultant’s
out-of-pocket expenses for making a market, or for the submission by Consultant
of an application to make a market in any securities; and, no payments made
herein to Consultant are for the purpose of affecting the price of any security
or influencing any market-making functions, including, but not limited to,
bid/ask quotations, initiation and termination of quotations, retail securities
activities, or for the submission of any application to make a market.
 
 
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10.  MISCELLANEOUS PROVISIONS

(a)  Amendment and Modification.  This Agreement may be amended, modified and
supplemented only by written agreement of the Company and Consultant.
(b)  Waiver of Compliance.  Any failure of Consultant, on the one hand, or the
Company, on the other, to comply with any obligation, agreement, or condition
herein may be expressly waived in writing, but such waiver or failure to insist
upon strict compliance with such obligation, covenant, agreement or condition
shall not operate as a waiver of, or estoppel with respect to, any subsequent or
other failure.
(c)  Expenses, Transfer Taxes, Etc.  Other than as expressly set forth in this
Agreement, the Parties shall bear their own costs and expenses in carrying out
the provisions of this Agreement.
(d)  Compliance with Regulatory Agencies.  Each Party agrees that all actions,
direct or indirect, taken by it and it’s respective agents, employees and
affiliates in connection with this Agreement and any financing or underwriting
hereunder shall conform to all applicable Federal and State securities laws.
(e)  Notices.  Any notices to be given hereunder by any Party to the other may
be effected either by personal delivery in writing, by a reputable, national
overnight delivery service, by facsimile transmission or by mail, registered or
certified, postage prepaid with return receipt requested.  Notices shall be
addressed to the “Contact Person” at the addresses appearing on the signature
page of this Agreement, but any Party may change his address or “Contact Person”
by written notice in accordance with this subsection.  Notices delivered
personally shall be deemed delivered as of actual receipt, notices sent by
facsimile shall be deemed delivered one (1) day after electronic confirmation of
receipt, notices sent by overnight delivery service shall be deemed delivered
one (1) day after delivery to the service, mailed notices shall be deemed
delivered as of five (5) days after mailing.
(f)  Assignment.  This Agreement and all of the provisions hereof shall be
binding upon and inure to the benefit of the Parties hereto and their respective
successors and permitted assigns.
(g)  Delegation.  Neither Party shall delegate the performance of its duties
under this Agreement without the prior written consent of the other Party.
(h)  Publicity.  Neither Consultant nor the Company shall make or issue, or
cause to be made or issued, any announcement or written statement concerning
this Agreement or the transactions contemplated hereby for dissemination to the
general public without the prior consent of the other Party. This provision
shall not apply, however, to any announcement or written statement required to
be made by law or the regulations of any Federal or State governmental agency,
except that the Party required to disclose shall consult with and make
reasonable efforts to accommodate changes to the required disclosure and the
timing of such announcement suggested by the other Party.
(i)  Arbitration and Governing Law.  If a dispute arises out of or relates to
this contract, or the breach thereof, and if the dispute cannot be settled
through negotiation, the parties agree first to try in good faith to settle the
dispute by mediation administered by the American Arbitration Association under
its Commercial Mediation Procedures before resorting to arbitration, litigation,
or some other dispute resolution procedure. If they do not reach such solution
within a period of 60 days, then, upon notice by either party to the other, all
disputes, claims, questions, or differences shall be finally settled by
arbitration administered by the American Arbitration Association in accordance
with the provisions of its Commercial Arbitration Rules.  This Agreement and the
legal relations among the Parties hereto shall be governed by and construed in
accordance with the laws of the State of California, without regard to its
conflict of law doctrine.  The Parties agree that the venue for the resolution
of all disputes arising under the terms of this Agreement and the transactions
contemplated herein will be the County of Cook, State of Illinois.
(j)  Counterparts.  This Agreement may be executed simultaneously in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.
(k)  Headings.  The heading of the sections of this Agreement are inserted for
convenience only and shall not constitute a part hereto or affect in any way the
meaning or interpretation of this Agreement.
(l)  Entire Agreement.  This Agreement including any Exhibits hereto, and the
other documents and certificates delivered pursuant to the terms hereto, set
forth the entire agreement and understanding of the Parties hereto in respect of
the subject matter contained herein, and supersedes all prior agreements,
promise, covenants, arrangements, communications, representations or warranties,
whether oral or written, by any officers employee or representative of any Party
hereto.
(m)  Third Parties.  Except as specifically set forth or referred to herein,
nothing herein express or implied is intended or shall be construed to confer
upon or give to any person or entity other than the Parties hereto and their
successors or assigns, any rights or remedies under or by reason of this
Agreement.
(n)  Attorneys’ Fees and Costs.  If any action is necessary to enforce and
collect upon the terms of this Agreement, the prevailing Party shall be entitled
to reasonable attorneys’ fees and costs, in addition to any other relief to
which that Party may be entitled. This provision shall be construed as
applicable to the entire Agreement.
(o)  Survivability.  If any part of this Agreement is found, or deemed by a
court of competent jurisdiction to be invalid or unenforceable, that part shall
be severable from the remainder of the Agreement.
(p)  Further Assurances.  Each of the Parties agrees that it shall from
time-to-time take such actions and execute such additional instruments as may be
reasonably necessary or convenient to implement and carry out the intent and
purposes of this Agreement.
(q)  Relationship of the Parties.  Nothing contained in this Agreement shall be
deemed to constitute either Party becoming the partner of the other, the agent
or legal representative of the other, nor create any fiduciary relationship
between them, except as otherwise expressly provided herein. It is not the
intention of the Parties to create nor shall this Agreement be construed to
create any commercial relationship or other partnership. Neither Party shall
have any authority to act for or to assume any obligation or responsibility on
behalf of the other Party, except as otherwise expressly provided herein. The
rights, duties, obligations and liabilities of the Parties shall be separate,
not joint or collective. Each Party shall be responsible only for its
obligations as herein set out and shall be liable only for its share of the
costs and expenses as provided herein.
(r)  No Authority to Obligate the Company.  Without the consent of the Board of
Directors of the Company, Consultant shall have no authority to take, nor shall
it take, any action committing or obligating the Company in any manner, and it
shall not represent itself to others as having such authority.
 
 
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11.  Non-Circumvention.  In and for valuable consideration, the Company hereby
agrees that Consultant may introduce (whether by written, oral, data, or other
form of communication) the Company to one or more opportunities, including,
without limitation, existing or potential investors, lenders, borrowers, trusts,
natural persons, corporations, limited liability companies, partnerships,
unincorporated businesses, sole proprietorships and similar entities (an
“Opportunity” or “Opportunities”).  The Company further acknowledges and agrees
that the identity of the subject Opportunities, and all other information
concerning an Opportunity (including without limitation, all mailing
information, phone and fax numbers, email addresses and other contact
information) introduced hereunder are the property of Consultant, and shall be
treated as confidential information by the Company, it affiliates, officers,
directors, shareholders, employees, agents, representatives, successors and
assigns.  The Company shall not use such information, except in the context of
any arrangement with Consultant in which Consultant is directly and actively
involved, and never without Consultant’s prior written approval.  The Company
further agrees that neither it nor its employees, affiliates or assigns, shall
enter into, or otherwise arrange (either for it/him/herself, or any other person
or entity) any business relationship, contact any person regarding such
Opportunity, either directly or indirectly, or any of its affiliates, or accept
any compensation or advantage in relation to such Opportunity except as directly
though Consultant, without the prior written approval of Consultant.  Consultant
is relying on the Company’s assent to these terms and their intent to be bound
by the terms by evidence of their signature.  Without the Company’s signed
assent to these terms, Consultant would not introduce any Opportunity or
disclose any confidential information to the Company as herein described.
 
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be duly
executed, all as of the day and year first above written.
 
 
 
 

 COMPANY:    CONSULTANT:  FITT HIGHWAY PRODUCTS, INC.   E 2 INVESTMENTS, LLC
 26381 Crown Valley Parkway, Suite 230   33 6th Street S., Suite 600  Mission
Viejo, CA 92691  St. Petersburg, FL 33701

 
 
 
 

   Date:  January 28, 2011      Dated:  January 28, 2011
/s/Michael R. Dunn 
   
/s/ Wayne Anderson
  Michael R. Dunn     
Wayne Anderson
 
Title:Chariman and CEO 
   
Title: Pres. Of Managing Member
 

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