accesskey_ex1016.htm


    
      EXHIBIT 10.16

       

      TEKNOCREATIONS

    

    CONSULTING
AGREEMENT

     

    This
Consulting Agreement (this "Agreement"), made and entered into as of this 22nd
day of May, 2007 by and between Teknocreations Inc (the "Company") and Mark
Kasok, an individual (the "Consultant").

    


    RECITALS

     

    WHEREAS,
the Company wishes to engage the consulting services of Consultant; and WHEREAS,
consultant wishes to provide the Company with consulting services.

     

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

    


    1. 
CONSULTING
SERVICES

     

    The
Company hereby authorizes, appoints and engages the Consultant to perform the
following services in accordance with the terms and conditions set forth in this
Agreement:

     

    The
Consultant will assist in the business development of the Company, including but
not limited to ongoing business activities, Sales, Marketing, Information
Services and other services as requested by Company.

     

    2.  TERM OF
AGREEMENT

    


    This
Agreement shall be in full force and effect as June 1, 2007 and shall remain in
effect until cancelled by either party with 30 day notice.

    


    3.  COMPENSATION
TO CONSULTANT

     

    
      
        	
                     A.   

              	
                The
      Company shall pay to Consultant Seven Thousand Five Hundred dollars
      ($7,500) monthly paid on the 15th
      and 30th of each month (in arrears) based on services performed during his
      term of service.

              


      

    

    


    
      
        	
                      B.   

              	
                The
      Company shall issue 500,000 Restricted Rule 144 shares of Company common
      stock (or equivalent shares based on 100 million authorized shares) to
      Consultant after ninety (90) days of
service.

              


      

    

     

    
      
        	
                      C.   

              	
                Stock
      Options, Bonuses and Incentives (as well as any other benefits) will be
      included as they apply to others in "like" capacity and will be
      performance based.

              


      

    

    


    
      	
                    D.  

            	
              Consultant
      shall be reimbursed for all authorized Company related
      expenses.

            


    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
                    E.  

            	
              Employee
      status shall be considered at such time as the Company becomes cash
      positive.

            


    

     

    
      4.  
REPRESENTATIONS AND WARRANTIES OF CONSULTANT 

      
         

        
          	
                              

                	
                  Consultant
      represents and warrants to and agrees with the Company
    that:

                


        

      

       

    

    
      	
              a.         
        

            	
              This
      Agreement has been duly authorized, executed and delivered by Consultant.
      This Agreement constitutes the valid, legal and binding obligation of
      Consultant, enforceable in accordance with its terms, except as rights to
      indemnity hereunder may be limited by applicable federal or state
      securities laws, and except as such enforceability maybe limited by
      bankruptcy, insolvency, reorganization or similar laws affecting
      creditor's rights generally.

            


    

     

    
      	
              b.        
        

            	
              The
      consummation of the transactions contemplated hereby will not result in
      any breach of the terms or conditions of, or constitute a default under,
      any agreement or other instrument to which Consultant is a party, or
      violate any order, applicable to Consultant, of any court or federal or
      state regulatory body or administrative agency having jurisdiction over
      Consultant or over any of its
property

            


    

     

    
      	
              c.           

            	
              The
      parties hereto acknowledge and agree that the Company shall have the right
      to refuse any course of action proposed by Consultant and to refuse any
      customer or sale identified by Consultant or any other
    source.

            


    

     

    
      5.  
REPRESENTATIONS AND WARRANTIES OF THE COMPANY

    

     

    The
Company, hereby represents, warrants, covenants to and agrees with Consultant
that:

    
       

      
        	
                a.         
        

              	
                
                  This
      agreement has been duly authorized, and executed be the Company. This
      agreement constitutes the valid, legal and binding obligations of the
      Company, enforceable in accordance with its terms, except as rights to
      indemnity hereunder may be limited by applicable federal or state
      securities laws, except in each case as such enforceability my e limited
      by bankruptcy, insolvency, reorganization or similar laws affecting
      creditor's rights generally.

                

              


      

       

      
        	
                b.        
        

              	
                
                  There
      is not now pending or, to the knowledge of the Company, threatened, any
      action, suit or proceeding to which the Company is a party before or by
      any court or governmental agency or body which might result in a material
      adverse change in the financial condition of the Company. The performance
      of this Agreement and the consummation of the transactions contemplated
      hereby will not result in a breach of the terms or conditions of, or
      constitute a default under, any statute, indenture, mortgage or other
      material Agreement or instrument to which the Company is a party, or
      violate any order, applicable to the Company, or governmental agency
      having jurisdiction over the Company or over any of its
      property.

                

              


      

       

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    6.   INDEPENDENT CONTRACTOR

     

    Both the
Company and the Consultant agree that the Consultant will act as an independent
contractor in the performance of his duties under this Agreement. Nothing
contained in this Agreement shall be construed to imply that Consultant, or any
employee, agent or other authorized representative of Consultant, is a partner,
joint venturer, agent, officer or employee of the Company. Neither party hereto
shall have any authority to bind the other in any respect vis a vis any third
party, it being intended that each shall remain an independent contractor and
responsible only for its own actions.

    


    7.  ASSIGNMENT

     

    This
contract shall inure to the benefit of the parties hereto, their heirs,
administrators and successors in interest. This Agreement shall not be
assignable by either party hereto without the prior written consent of the
other.

    


    8. 
CHOICE OF
LAW AND VENUE

     

    This
Agreement and the rights of the parties hereunder shall be governed by and
construed in accordance with the laws of the State of New Mexico including all
matters of construction, validity, performance, and enforcement and without
giving effect to the principles of conflict of laws. Any action brought by any
party hereto shall be brought within the State of New Mexico, County of
Bemalillo.

     

    9.  
NONDISCLOSURE

     

    Each
party hereto agrees to keep the terms of this Agreement and the transactions
contemplated hereby as confidential and shall not disclose such information to
any third party, other than professional advisors utilized to negotiate and
consummate the transactions contemplated hereby. The parties hereto agree that
in the event there is a breach of the foregoing confidentiality provision, the
damage to the parties hereto would be difficult to estimate and as a result, in
the event of such a breach, the non-breaching party, in addition to any and all
other remedies allowed by law, would be entitled to injunctive relief enjoining
the actions of the breaching party.

     

    10. 
SEVERABILITY

    


    If any
provision of this Agreement is unenforceable, invalid, or violates applicable
law, such provision, or unenforceable portion of such provision, shall be deemed
stricken and shall not affect the enforceability of any other provisions of this
Agreement.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    11.  CAPTIONS

    


    The
captions in this Agreement are inserted only as a matter of convenience and for
reference and shall not be deemed to define, limit, enlarge, or describe the
scope of this Agreement or the relationship of the parties, and shall not affect
this Agreement Or the construction of any provisions herein.

     

    12.  COUNTERPARTS

    


    This
Agreement may be executed in one or more counterparts, each of which shall be
deemed an original, but all of which shall together constitute one and the same
instrument.

     

    13.  
MODIFICATION

    


    No
change, modification, addition, or amendment to this Agreement shall be valid
unless in writing and signed by all parties hereto.

    


    14.   ATTORNEYS
FEES

    


    Except as
otherwise provided herein, if a dispute should arise between the parties
induding, but not limited to arbitration, the prevailing party shall be
reimbursed by the non-prevailing party for all reasonable expenses incurred in
resolving such dispute, induding reasonable attomeys' fees.

     

     

    IN WITNESS WHEREOF, the
parties hereto have caused this Agreement to be duly executed as of the
effective date.

     

    
    

     

    
      	 	 
	/s/
      Bruce M.
      Palmer                                            
      	/s/
      Mark
      Kasok                                                      
      
	Bruce M. Palmer,
      President 	Mark Kasok,
      Consultant 
	TEKNOCREATIONS,
      INC. 	 


    

     

     

     

     

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