Document:

Exhibit 10.2

 

Exhibit 10.2

CONSULTING AGREEMENT

          This Consulting Agreement (the “Agreement’) is entered into by and between Stratagene
Corporation (the “Company”) and Ronni L. Sherman (the “Consultant”) effective as of October 13,
2006.

RECITALS

          WHEREAS, the Company and Consultant have entered into an Employment Separation Agreement and
Mutual General Release of all claims (the “Separation Agreement”) dated October 6, 2006; and

          WHEREAS, in accordance with the Separation Agreement, both the Company and the Consultant
believe that their mutual interests will be best served if the Company retains the services and
expertise of the Consultant to provide consulting services to the Company as described herein.

AGREEMENT

          NOW, THEREFORE, in consideration of the mutual promises contained herein and for other good
and valuable consideration, the adequacy of which is hereby acknowledged, the parties hereby agree
as follows:

     1. Consultant Services. Consultant agrees, for the period October 13, 2006 until
terminated pursuant to Section 8 hereof (the “Consulting Period”), to perform business advisory
consulting services for the Company and its counsel and accountants (but not legal services), if
and as requested and previously authorized by the Company’s Chief Executive Officer, Chief
Financial Officer or Vice President Corporate Counsel. Consultant’s services shall be of an
advisory nature and the Company shall not have any obligation to follow such advice. Consultant
will be available and is obligated to provide services, as reasonably requested from time to time
by the Company, so that the Company may obtain the full value of the retainer amounts stated in
Section 2(b) of this Agreement.

     2. Compensation.

          (a) The Company shall pay Consultant at the rate of $250 per hour for any consulting services
requested and provided pursuant to this Agreement. The Company agrees to increase this hourly rate
to $350 solely for attendance at trials, depositions, arbitrations or other legal proceedings where
Consultant’s presence as a witness or deponent was expressly requested and authorized by the
Company; provided, however, that Consultant shall not be compensated for more than eight billable
hours during any single calendar day for trial or deposition services.

          (b) The Company agrees that Consultant shall receive a $10,000 retainer payable in advance for
each of the first four three-month periods after the date of this Agreement. Half of the amounts
of the bills for services performed by Consultant will be

	 	 	 	 	 
	 
	 	 
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credited first against any unused retainer amount and half of the amounts on the bills for
services shall be paid by the Company by check or wire transfer (within ten (10) business days
following receipt of invoices and descriptions therefor). At such point as the billings for such
services rendered in any three-month period exceed $20,000 and the $10,000 retainer amount shall
have been fully utilized, the Company will pay to Consultant by check or wire transfer any
remaining amounts due for services rendered hereunder within ten (10) business days following
receipt of invoices and descriptions therefor. In the event billings against the retainer for
services requested and performed during any three-month period are less than $10,000, Consultant
shall not be required to refund any unused retainer amounts to the Company. No further retainer
amounts shall be required after the first twelve months of this Agreement. The retainer payments
described herein are separate from, and in addition to, the payments described in Section 2(a)(iv)
of the Separation Agreement.

     3. Independent Contractor. During the Consulting Period, Consultant will not be an
employee of the Company, but will have the relationship of an independent contractor to the
Company. As an independent contractor, Consultant shall have the sole responsibility and
obligation to report his net earnings hereunder and otherwise as received as self-employment income
on Consultant’s tax returns and to pay such taxes as are required by law. The parties agree that
Consultant is an independent contractor and that, as such, the Company shall have no right,
responsibility or obligation to withhold income or payroll taxes under the United States Insurance
Contributions Act or under state unemployment, disability or other laws from amounts due to
Consultant from the Company hereunder or to pay employer payroll taxes thereon under such laws or
to withhold special or general funds, assessments, or taxes generally collected by employers for
the use and benefit of employees.

     4. Cooperation. After the conclusion of the Consulting Period, Consultant agrees to
cooperate fully with the Company and its counsel, accountants and investigators in its defense of,
or other participation in, any administrative, judicial, or other proceeding arising from any
charge, complaint, or other action which has been or may be filed relating to the period Consultant
was engaged in consulting with the Company, on reasonable terms and with reasonable notice as shall
be agreed by the parties.

     5. Proprietary/Privileged Information Clause. Consultant acknowledges that certain
information, observations, and data obtained by her during the course of the term of this Agreement
(including, without limitation, certain financial information, shareholder information, insurance
information, business plans, marketing plans or proposals and/or customer lists and other customer
information) are the sole property of the Company and constitute trade secrets of the Company.
Consultant agrees to promptly return all files, customer lists, financial information, or other
Company property without making copies thereof which are in Consultant’s possession or control;
provided, however, that Executive shall retain any such materials to the extent reasonably
necessary for her to provide the consulting services contemplated hereunder; and, provided,
further, that Executive may retain any such materials that are publicly available or otherwise do
not contain proprietary non-public information. Consultant further agrees that she will not
disclose to any person or use any such privileged, confidential, or trade secret information,
observations or data without the written consent of the Chief Executive Officer, Chief Financial
Officer or Vice President Corporate Counsel of the

	 	 	 	 	 
	 
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Company, unless and to the extent that the aforementioned matters become generally known to
and available for use by the public, other than as a result of Consultant’s acts or omissions to
act, which acts or omissions were unauthorized and against the Company’s interest. Further,
Consultant acknowledges that any unauthorized use of privileged, confidential or trade secret
information will cause irreparable harm to the Company and will give rise to an immediate action by
the Company for injunctive relief. If Consultant is served with a deposition subpoena or other
legal process calling for the disclosure of such information, or if she is contacted by any third
person requesting such information, she will immediately notify the Chief Executive Officer of the
Company and will fully cooperate with the Company in minimizing the disclosure thereof.

     6. Remedies for Breach. In the event that Consultant willfully and materially
breaches his obligations under this Agreement, in addition to whatever other rights the Company may
have, Consultant shall forfeit his right to receive any further payments or benefits under this
Agreement.

     7. Termination. This Agreement shall terminate on October 13, 2007 unless extended by
mutual agreement of the parties.

     8. Non-Waiver of Breach. Either party may waive any breach of this Agreement by the
other party, but no such waiver shall be deemed to have been given unless such waiver be in
writing, signed by the waiving party and specifically designate the breach waived, nor shall any
such waiver constitute a continuing waiver of similar or other breaches.

     9. Non-Assignment. Neither party may assign its obligations hereunder without the
prior written consent of the other party.

     10. Miscellaneous Provisions.

          (a) Provisions of this Agreement are severable. If any provision is held to be invalid or
unenforceable it shall not affect the validity or enforceability of any other provision.

          (b) Consultant acknowledges and agrees that she has read this Agreement carefully, understands
all of its terms and agrees to those terms voluntarily.

          (c) This Agreement and the Separation Agreement represent the sole and entire agreements
between the parties and, except as expressly stated herein, supersedes all prior agreements,
negotiations and discussions between the Consultant and the Company with respect to the subject
matters contained herein.

          (d) This Agreement shall be construed as a whole in accordance with its fair meaning and in
accordance with the laws of the State of California. The language in the
Agreement shall not be construed for or against any particular party. The headings used herein are
for reference only and shall not affect the construction of this Agreement.

          (e) The parties agree that any and all disputes, controversies or claims arising out of or
relating to this Agreement, or breach thereof, shall be submitted to final and binding arbitration.
The arbitration shall take place in the State of California. Unless the parties mutually agree
otherwise, the arbitration shall be conducted in the same manner provided under Section 16(g) of
the Separation Agreement.

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed as of the day
and year first above written.

	 	 	 	 	 	 	 	 	 
	CONSULTANT	 	 	 	THE COMPANY	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	STRATAGENE CORPORATION,

a Delaware corporation	 	 
	 
	 	 	 	 	 	 	 	 
	/s/ Ronni L. Sherman
 

	 	 	 	By:
	 	/s/ Joseph A. Sorge,M.D.
 

	 	 
	Ronni L. Sherman

	 	 	 	Name:
	 	Joseph A. Sorge, M.D.	 	 
	 

	 	 	 	Title:
	 	CEO	 	 
	 
	 	 	 	 	 	 	 	 
	Date: October 6, 2006	 	 	 	Date: October 6, 2006	 	 

	 	 	 	 	 
	 
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	 	Initial:ASSET PURCHASE AGREEMENT

                       By and between
                     Brownsville Company
                             And
               Fraser River Metals Depot Inc.

THIS ASSET PURCHASE AGREEMENT (hereinafter referred to as
"Agreement") is entered into as of the  16 day of  November,
2006 by and between Brownsville Company (hereinafter
referred to as "the Seller") and  Fraser River Metals Depot
Inc. (hereinafter referred to as "the Purchaser") as
follows:

Article 1 (Purpose)

This Agreement is entered into for the purpose of setting
forth the terms and conditions agreed between the parties as
well as to clarify the rights and obligations of the parties
regarding the sale of the Seller's Assets, both tangible and
intangible, and Liabilities to the Purchaser (as defined
below).

Article 2 (Definitions)

(1) "Assets" means all of the Seller's tangible and intangible
assets as specified in Article 6.

(2) "Liabilities" means the Seller's liabilities as set out in
section 7.

(3) "Closing Date" means the date of completion of all the
procedures specified in Article  8 below.

Article 3 (Term)

This Agreement shall be effective from the execution date
hereof.

Article 4 (Price)

The Purchaser shall pay to the Seller the total of US$ 2.00
and other valuable consideration receipt and which is hereby
acknowledged including  the termination and cancellation  of
the Seller's obligation (the "Obligation") to issue to the
Purchaser 250,000 shares of Common Stock of the Seller
which were to be  issued  to the Purchaser pursuant to that
certain Asset Purchase Agreement dated March 31, 2004 which
Obligation is hereby terminated, cancelled and of no further
force and effect (the "Price").

Article 5 (Due Diligence)

(1) The parties shall conduct due diligence of the Assets and
Liabilities.

(2) The Seller shall permit to the Purchaser, within the
necessary scope of the due diligence during the general
business hours, access of all books and records directly
related to the Seller's Assets and Liabilities.

(3) The parties shall each be responsible for their own  costs
and expenses of the due diligence, including the fee for
accountants, attorneys and other specialists participating
in the due diligence.

Article 6 (Assets)

(1) On the terms and subject to the conditions of this
Agreement, the Seller shall, on the Closing Date, sell,
assign, transfer, convey and deliver to the Purchaser or
cause to be sold, assigned, transferred, conveyed and
delivered to the Purchaser, and Purchaser shall acquire from
Seller, on the Closing Date, all of Seller's right, title
and interest in and to the following assets, in each case
owned or leased by Seller and used primarily or, in the
case of clause (iv)of this Section 1, solely in connection
with Seller's boat launch, parking lot, marina and
convenience store business located in Maple Ridge, British
Columbia, Canada at the Closing Date (collectively, the
"Assets"):

     (i) the lease agreement, dated March 31, 2004, between
     Fraser River Metals Deposit Inc.,  as landlord, and
     Brownsville Company, as tenant. (the "Fraser Lease)

     (ii) all inventory, furniture, fixtures, equipment,
     machinery and other tangible personal property at 23227
     Dogwood Avenue, Maple Ridge, British Columbia, Canada,
     V2X 4S4.

     (iii) all books of account, general, financial, tax and
     personnel records, invoices, supplier lists,
     correspondence and other documents, records and files
     and all computer software and programs and any rights
     thereto;

     (iv) all rights under all contracts, subcontracts,
     licenses, sublicenses, agreements, leases, purchase
     orders, customer orders, commitments and similar
     binding arrangements of the Seller.

(b) Notwithstanding the foregoing, the Assets shall exclude
the following assets owned or leased by Seller (the
"excluded Assets"):

      (i) all cash, cash equivalents and bank accounts;

      (ii) all rights of the Seller in and to the name of
"Brownsville Company".

      (iii) all rights of the Seller under this Agreement
and any agreements ancillary hereto.

Article 7 (Liabilities)

(a) The Purchaser shall, on the Closing Date, assume and
shall pay, perform and discharge when due all liabilities of
the Seller as at the Closing Date arising out of or relating
to the Assets, all pre-existing contracts, agreements and
purchase orders and loan agreements the Seller has entered
into prior to the date of this agreement.

Article 8 (Closing)

(a) Subject to the terms and conditions of this Agreement,
the sale and purchase of the Assets and the assumption of
the Liabilities contemplated by this Agreement shall take
place at a closing (the "Closing") to be held at the offices
of Fraser River Metals Depot Inc., on the date hereof or at
such other place or at such other time or on such other date
as Seller and Purchaser may mutually agree upon in writing
(the day on which the Closing takes place being the "Closing
Date").

Article 9 (Consent)

(a) The Seller shall use reasonable efforts to obtain any
required consents to assignment of all contracts, licenses,
sublicenses, agreements and leases included among the
Assets, and shall use its best efforts to obtain the consent
of the landlord to assignment of the Fraser Lease; provided,
however, that Seller shall not be required to pay any amount
to any person to obtain any such consents. Purchaser shall
use its best effort in assisting and cooperating with Seller
to obtain the consent of the landlord to the assignment of
the Fraser Lease.

Article 10 (Indemnification)

(a) Seller shall be indemnified and held harmless by
Purchaser for any and all Losses arising out of or resulting
from (i) the Liabilities, (ii) the Assets.

(b) In no event shall the Seller or the Purchaser be liable
for consequential damages under this Agreement or any
documents or instruments delivered by such parties at the
Closing.

Article 11 (Representations and Warranties.)

(a) Seller and Purchaser each hereby represents and warrants
to the other that (i) it is a corporation duly organized,
validly existing and in good standing under the laws of its
jurisdiction of incorporation and has all necessary
corporate power and authority to enter into this Agreement
and any agreements ancillary hereto, to carry out its
obligations hereunder and thereunder and to consummate the
transactions contemplated hereby and thereby; (ii) the
execution and delivery of this Agreement and any agreements
ancillary hereto by it, the performance by it of its
obligations hereunder and thereunder and the consummation by
it of the transactions contemplated hereby and thereby have
been duly authorized and approved by all requisite action on
its part; and (iii) this Agreement has been, and upon their
execution any agreements ancillary hereto will be, duly
executed and delivered by it, and (assuming due authorization,
execution and delivery by the other party) this Agreement
constitutes, and upon their execution any agreements
ancillary hereto will constitute, legal, valid and binding
obligations of it enforceable against it in accordance with
their respective terms.

(b) Seller hereby represents and warrants to Purchaser that
it has not received from the landlord under the Fraser Lease
prior to the Closing any written notice of default under
such lease which remains uncured as of the date hereof.

(c) EXCEPT WITH RESPECT TO THE EXPRESS REPRESENTATIONS AND
WARRANTIES SPECIFICALLY SET FORTH HEREIN, SELLER MAKES NO,
AND EXPRESSLY DISCLAIMS ANY, REPRESENTATION OR WARRANTY OF
ANY KIND OR NATURE, EXPRESS OR IMPLIED, ORAL OR WRITTEN,
WHETHER OF MERCHANTABILITY, USAGE, SUITABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR QUALITY OF THE ASSETS, OR ANY
PART THEREOF, OR AS TO THE CONDITION, WORKMANSHIP OR
VALUE THEREOF OR THE ABSENCE OF ANY DEFECTS THEREIN,
WHETHER LATENT OR PATENT. IT IS UNDERSTOOD BY THE
PARTIES THAT THE ASSETS ARE TO BE CONVEYED HEREUNDER "AS-IS"
AND "WHERE-IS" ON THE CLOSING DATE AND IN THEIR THEN
PRESENT CONDITION, AND THE PURCHASER SHALL RELY
SOLELY UPON ITS OWN INVESTIGATION AND EXAMINATION
THEREOF.

Article 14 (Further Action)

(a) Each of the parties hereto shall use all reasonable
efforts to take, or cause to be taken, all appropriate
action, do or cause to be done all things necessary, proper
or advisable under applicable law, and execute and deliver
such documents and other papers, as may be required to carry
out the provisions of this Agreement and consummate and make
effective the transactions contemplated hereby.

Article 15 (Expenses)

(a) All costs and expenses, including, without limitation,
fees and disbursements of counsel, financial advisors and
accountants, incurred in connection with this Agreement and
the transactions contemplated hereby shall be paid by the
party incurring such costs and expenses, whether or not the
Closing shall have occurred.

Articles 16 (Headings)

(a) The descriptive headings contained in this Agreement are
for convenience of reference only and shall not affect in
any way the meaning, construction or interpretation of this
Agreement.

Article 17  (Severability)

(a) If any term or other provision of this Agreement is
invalid, illegal or incapable of being enforced by any law
or public policy, all other terms and provisions of this
Agreement shall nevertheless remain in full force and effect
so long as the economic or legal substance of the
transactions contemplated hereby is not affected in any
manner materially adverse to any party. Upon such
determination that any term or other provision
is invalid, illegal or incapable of being enforced, the
parties hereto shall negotiate in good faith to modify this
Agreement so as to effect the original intent of the parties
as closely as possible in an acceptable manner in order that
the transactions contemplated hereby are consummated as
originally contemplated to the greatest extent possible.

Article 18 (Entire Agreement)

(a) This Agreement constitutes the entire agreement of the
parties hereto with respect to the subject matter hereof and
supersedes all prior agreements, representations,
undertakings and understandings, both written and oral,
between Seller and Purchaser with respect to the subject
matter hereof.

Article 19 (Assignment)

(a) This Agreement may not be assigned by operation of law
or otherwise without the express written consent of Seller
and Purchaser (which consent may be granted or withheld in
the sole discretion of Seller and Purchaser).

Article 20  (No Third Party Beneficiaries)

(a) This Agreement shall be binding upon and inure solely to
the benefit of the parties hereto and their permitted
assigns and nothing herein, express or implied, is intended
to or shall confer upon any other person, including, without
limitation, any employee or former employee of Seller, any
legal or equitable right, benefit or remedy of any
nature whatsoever, including, without limitation, any rights
of employment for any specified period, under or by
reason of this Agreement.

Article 21 (Amendment)

(a) This Agreement may not be amended, modified or
supplemented except by an instrument in writing signed by,
or on behalf of, Seller and Purchaser.

Article 22 (Counterparts)

(a) This Agreement may be executed in one or more
counterparts, and by the different parties hereto in
separate counterparts, each of which when executed shall be
deemed to be an original but all of which taken together
shall constitute one and the same agreement.

Article 23 (Specific Performance)

(a) The parties hereto agree that irreparable damage would
occur in the event any provision of this Agreement was not
performed in accordance with the terms hereof and that the
parties shall be entitled to specific performance of the
terms hereof, in addition to any other remedy at law or
equity, without the necessity of demonstrating the
inadequacy of money damages.

IN WITNESS WHEREOF, Seller and Purchaser have caused this
Agreement to be executed by their respective officers
"hereunto duly authorized as of the date first written
above.

BROWNSVILLE COMPANY

By: /s/ Adam Cegielski

Name: Adam Cegielski
Title: Chief Executive Officer and Director

Fraser River Metals Depot Inc.

By: /s/ Bing Wong

Name:  Bing Wong
Title:  President and Director

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