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Exhibit 10.8  

 
 

OFFICE LEASE    
    

        1.     THIS
LEASE, dated as of July 1, 2001, is between Arnold L. Greenberg, hereinafter called the Landlord, and VitaCube Systems, Inc., a Colorado corporation,
hereinafter called the Tenant. The Landlord does hereby demise and lease unto the Tenant the premises known and described as the entire office building located at 480 South Holly Street, Denver,
Colorado, 80246, including suites 1 through 7, inclusive, in the City of and County of Denver, State of Colorado, for the term of 21/2 years. 

        Term    beginning on July 1, 2001, and ending on December 31, 2003, unless the term hereof shall be sooner
terminated as hereinafter provided. 

        Rent    2. IN CONSIDERATION of the rent and the performance of the covenants and provisions herein, the Tenant agrees to pay to
the Landlord as rent for the full term aforesaid, the sum of $161,200 ("Base Rent")(*), payable as follows: $5,240 per month from July 31, 2001 through April 30, 2003; thereafter $5,740
per month through December 31, 2003; commencing July 1, 2001 (see Addendum for periodic increases in addition to the Base Rent). 

	(*)
	plus
the periodic increases as below described. 

which
said sums shall be due and payable in advance on the first day of each and every calendar month during said term at the office of the Landlord at 6650 West Lakeridge Road, Lakewood, Colorado
80227 

        or
at such other location as the Landlord may designate in writing. 

        Security Deposit    3. The Landlord acknowledges receipt of a security deposit in the amount of
$None

SERVICES  

        4.     The
Landlord and Tenant agree, as follows: 

        The
Landlord shall keep all the improvements upon the Premises, including but not limited to, structural components, interior and exterior walls, floors, ceiling, roofs, sewer
connections, plumbing, wiring, and glass in good maintenance and repair at Landlord's expense. Tenant shall be obliged to notify the Landlord of any condition upon the Premises requiring repair and
the Landlord shall be provided a reasonable time to accomplish said repair. The Landlord shall heat the demised premises whenever necessary during reasonable business hours or customary heating
season. (See Addendum) 

        The
Landlord shall provide the use of the passenger elevators (if the building is so equipped) at all times during reasonable business hours. 

        The
Landlord shall provide janitor service for the demised premises. (See Addendum) 

        The
Landlord shall cause to be supplied water, and a reasonable amount of electric current for lighting said premises and public halls and for customary office equipment, during the time
and in the manner customary in said building. Tenant agrees to use only such electric current as shall be supplied by Landlord for lighting and customary office equipment, and shall pay on demand for
use of electric current for any other purpose, or for any waste of electric current. Tenant shall not, without consent of the Landlord, connect any apparatus which might exceed the capacity of the
electrical system. (Addendum) 

        Tenant
agrees that Landlord shall not be held liable for failure to supply such heating, elevator, janitor, water or electric services, or any of them, when such failure is not due to
gross negligence on its part, it being understood that Landlord reserves the right to temporarily discontinue such services, or any of them, at such times as may be necessary by reason of accident,
repairs, alterations or 

 

improvements,
or whenever, by reason of strikes, lockouts, riots, acts of God, or any other happening, Landlord is unable to furnish such services. 

        Tenant
agrees that if any payment of rent as herein provided shall remain unpaid for more than twenty (20) days after the same shall become due, Landlord may, without notice to
Tenant, discontinue furnishing lighting, heating and janitor services, or any of them, until all arrears of rent shall have first been paid and discharged, and that Landlord shall not be liable for
damages, and that such action shall in no way operate to release Tenant from the obligations hereunder. 

CHARACTER OF OCCUPANCY  

        5.     Tenant
agrees that the demised premises shall be used and occupied only as a business office, including operation of a dietary supplements(*) in a careful, safe and
proper manner, and that Tenant will pay on demand for any damage to the premises caused by the misuse of same by Tenant, or Tenant's agents or employees. 

	(*)
	business

        Tenant
agrees that Tenant will not use or permit the demised premises to be used for any purposes prohibited by the laws of the United States or the State of Colorado, or the ordinances
of the City or County in which the property is located. 

        Tenant
will not use or keep any substance or material in or about the demised premises which may vitiate or endanger the validity of the insurance on said building or increase the hazard
of the risk, or which may prove offensive or annoying to other tenants of the building. 

        Tenant
will not permit any nuisance in the demised premises. 

        Landlord
and Tenant agree that smoking of cigarettes, pipes, cigars or other tobacco products    o shall  X shall not be permitted in the Premises. Smoking
in common areas of the building is as follows: outside the building at lease 30 fee away from the
entrance. 

ALTERATIONS  

        6.     The
Landlord shall have the right at any time to enter the demised premises to examine and inspect the same, or to make such repairs, additions, or alterations as it may
deem necessary or proper for the safety, improvement or preservation thereof, and shall at all times have the right, at its election, to make such alterations or changes to other portions of said
building as it may from time to time deem necessary and desirable. 

        Tenant
shall make no alterations in or additions to the demised premises without first obtaining the written consent of Landlord. Tenant shall permit no liens to be attached to the
property as a result of any alterations. All additions or improvements made by the Tenant (except only movable office furniture) shall be deemed a part of the real estate and permanent structure
thereon and shall remain upon and be surrendered with said premises as a part thereof at the end of the said term, by lapse of time, or otherwise. 

SUBLETTING  

        7.     Tenant
agrees that it will not sublet the demised premises(1), or any part thereof, nor assign this lease, or any interest therein, without first obtaining the written
consent of the Landlord, which consent shall not be unreasonably withheld. 

	(1)
	except
entities affiliated with Tenant or its principals. 

2

 
INSOLVENCY  

        8.     Any
assignment for the benefit of creditors or by operation of law shall not be effective to transfer any rights hereunder to the said assignee without the written
consent of the Landlord first having been obtained. 

        It
is further agreed between the parties hereto that if Tenant shall be declared insolvent, or if any assignment of Tenant's property shall be made for the benefit of creditors or
otherwise, or if Tenant's leasehold interest herein shall be levied upon under execution, or seized by virtue of any writ of any court of law, or a Receiver be appointed for the property of Tenant,
whether under the operation of State or Federal statutes, then and in any such case, Landlord may, at its option, terminate this lease and retake possession of said premises, without being guilty of
any manner of trespass or forcible entry or detainer, and without the same working any forfeiture of the obligations of Tenant hereunder. 

        In
case the Tenant is adjudicated a bankrupt, or proceeds or is proceeded against under any State or Federal laws, for relief of debtors, or in case a receiver is appointed to wind up
and liquidate the affairs of the Tenant, the Landlord, at its election, shall have a provable claim in bankruptcy or receivership in an amount equal to at least the sum of the last 12 monthly
payments of the rental provided for herein, which sum is fixed and liquidated by the parties hereto as the minimum amount of the damages sustained by the Landlord as a result of the bankruptcy or
receivership of the Tenant, and the amount of said damages may be satisfied, at the election of the Landlord, out of any moneys or securities deposited hereunder as security for the payment by the
Tenant of the rent herein provided for. 

DEFAULT  

        9.     If
the Tenant shall be in arrears in payment of any installment of rent, or any portion thereof, or in default of any other covenants or agreements set forth in this
lease ("Default"), and the Default remains uncorrected for a period of three (3) days after the Landlord has given written notice thereof pursuant to applicable law, then the Landlord may, at
the Landlord's option, undertake any of the following remedies without limitation: (a) declare the term of the lease ended; (b) terminate the Tenant's right to possession of the premises
and reenter and repossess the premises pursuant to applicable provisions of the Colorado Forcible Entry and Detainer Statute; (c) recover all present and future damages, costs and other relief
to which the Landlord is entitled including, but not limited to, the cost to recover and repossess the premises, the expenses of reletting, necessary renovation and alteration expenses, and
commissions; (d) pursue breach of contract remedies; and/or (e) pursue any and all available remedies in law or equity. In the event possession is terminated by a reason of Default prior
to expiration of the term, the Tenant shall be responsible for the rent occurring for the remainder of the term, subject to the Landlord's duty to mitigate such damages. Pursuant to applicable law
[13-40-104(d.5), (e.5) and 13-40-107.5, C.R.S.] which is incorporated by this reference, in the event repeated or substantial
Default(s) under the lease occur, the Landlord may terminate the Tenant's possession upon a written Notice to Quit, without a right to cure. Upon such termination, the Landlord shall have available
any and all of the above-listed remedies. 

SECURITY DEPOSIT  

        10.   The
Landlord acknowledges receipt of the aforementioned deposit to be held by the Landlord for the faithful performance of all of the terms, conditions and covenants of
this lease. The Landlord may apply the deposit to cure any default under the terms of this lease and shall account to the Tenant for the balance. The Tenant may not apply the deposit hereunder to the
payment of the rent reserved hereunder or the performance of other obligations. 

3

 
PREMISES VACATED DURING TERM OF LEASE  

        11.   If
the Tenant shall abandon or vacate said premises before the end of the term of this lease, the Landlord may, at its option, enter said premises, remove any signs of
the Tenant therefrom, and relet the same, or any part thereof, as it may see fit, without thereby voiding or terminating this lease, and for the purpose of such reletting, the Landlord is authorized
to make any repairs, changes, alterations or additions in or to said demised premises, as may, in the opinion of the Landlord, be necessary or desirable for the purpose of such reletting, and if a
sufficient sum shall not be realized from such reletting (after payment of all the costs and expenses and the collection of rent accruing therefrom), each month to equal the monthly rental agreed to
be paid by the Tenant under the provisions of this lease, then the Tenant agrees to pay such deficiency each month upon demand therefor. 

REMOVAL OF TENANT'S PROPERTY  

        12.   If
the Tenant shall fail to remove all effects from said premises upon the abandonment thereof or upon the termination of this lease, the Landlord, at its option, may
remove the same in any manner and store the said effects without liability to the Tenant for loss thereof, and the Tenant agrees to pay the Landlord on demand, any and all expenses incurred in such
removal, including court costs and attorney's fees and storage charges on such effects for any length of time the same shall be in the Landlord's possession. The Landlord, at its option, and after
30 days notice to Tenant, may sell said effects, or any of the same, at private sale and without legal process, for such prices as the Landlord may obtain, and apply the proceeds of such sale
upon any amounts due under this lease from the Tenant to the Landlord and upon the expense incident to the removal and sale of said effects, rendering the surplus, if any, to the Tenant. 

LOSS OR DAMAGE TO TENANT'S PROPERTY  

        13.   All
personal property of any kind or description whatsoever in the demised premises shall be at the Tenant's sole risk, and the Landlord shall not be held liable for any
damage done to or loss of such personal property, or for damage or loss suffered by the business or occupation of the Tenant arising from any act or neglect of cotenants or other occupants of the
building, or of their employees or the employees of the Landlord or of other persons, or from bursting, overflowing or leaking of water, sewer or steam pipes, or from heating or plumbing fixtures, or
from electric wires, or from gases, or odors, or caused in any other manner whatever, except in the case of willful neglect on the part of the Landlord. 

        Tenant
shall hold Landlord, Landlord's agents and their respective successors and assigns, harmless and indemnified from all injury, loss, claims or damage to any person or property
while on the demised premises or any other part of Landlord's property, or arising in any way out of Tenant's business, which is occasioned by an act or omission of Tenant, its employees, agents,
invitees, licensees or contractors. 

LIEN ON TENANT'S FURNISHINGS  

        14.   The
Tenant hereby grants to the Landlord a security interest in the personal property situated on the leased premises as additional security for the payment of the rent
and the performance of Tenant's obligations hereunder. The Tenant shall execute such documents as the Landlord may require to perfect the Landlord's security interest in such personal property. Said
personal property shall not be removed therefrom without the consent of the Landlord until all rent due or to become due hereunder shall have first been paid and discharged, or any default hereunder
by Tenant shall be cured. It is intended by the parties hereto that this instrument shall have the effect of a security agreement upon such personal property, and the Landlord, upon default of the
Tenant of the payment of the rent or the terms hereunder, may exercise any rights of a secured party under the Uniform Commercial Code of 

4

 

the
State of Colorado including the right to take possession of such personal property and, after notice as required by statute, to sell the same for the best price that can be obtained at public or
private sale, and out of the money arising therefrom, pay the amount due the Landlord, and all costs arising from the execution of the provisions hereof, paying the surplus, if any, to the Tenant. If
said personal property, or any portion thereof, shall be offered at public auction, the Landlord may become the purchaser thereof. 

SURRENDER OF POSSESSION  

        15.   The
Tenant agrees to deliver up and surrender to the Landlord possession of said premises at the expiration or termination of this lease, by lapse of time or otherwise,
in as good repair as when the Tenant obtained the same at the commencement of said term, excepting only ordinary wear and tear, or damage by the elements (occurring without the fault of the Tenant or
other persons permitted by the Tenant to occupy or enter the demised premises or any part thereof), or by act of God, or by insurrection, riot, invasion or commotion, or of military or usurped power. 

FIRE CLAUSE  

        16.   If
the demised premises or said building, shall be so damaged by fire or other catastrophe as to render said premises wholly untenantable, and if such damage shall be so
great that a competent architect selected by the Landlord, shall certify in writing to the Landlord and the Tenant that said premises, with the exercise of reasonable diligence, cannot be made fit for
occupancy within ninety (90) days from the happening thereof, then this lease shall cease and terminate from the date of the occurrence of such damage; and the Tenant thereupon shall surrender
to the Landlord said premises and all interest therein, and the Landlord may reenter and take possession of said premises and remove the Tenant therefrom. The Tenant shall pay rent, duly apportioned,
up to the time of such termination of this lease. 

        If,
however, the damage shall be such that such an architect so shall certify that said demised premises can be made tenantable within such number of days from the happening of
such damage by fire or other catastrophe, then the Landlord shall repair the damage so done with all reasonable speed, and the rent shall be abated only for the period during which the Tenant shall be
deprived of the use of said premises by reason of such damage and the repair thereof. 

        If
said demised premises, without the fault of the Tenant, shall be slightly damaged by fire or other catastrophe but not so as to render the same untenantable, the Landlord, after
receiving notice in writing of the occurrence of the injury, shall cause the same to be repaired with reasonable promptness; but in such event, there shall be no abatement of the rent. 

        In
case the building throughout be so injured or damaged, whether by fire or otherwise (though said demised premises may not be affected) that the Landlord within sixty (60) days
after the happening of such injury, shall decide to reconstruct, rebuild, or raze said building, and shall enter into a legal and binding contract therefor, then upon thirty (30) days' notice
in writing to that effect given by the Landlord to the Tenant, this lease shall cease and terminate from the date of the occurrence of said damage, and the Tenant shall pay the rent, properly
apportioned, up to such date, and both parties hereto shall be free and discharged of all further obligations hereunder. 

        In
the event of a condemnation or other taking by any governmental agency, all proceeds shall be paid to the Landlord hereunder, the Tenant waiving all right to any such payments. 

5

 

INSURANCE  

        17.   Tenant
shall, at Tenant's expense, obtain and keep in full force, fire and liability insurance as may be reasonably required by the Landlord. Tenant shall provide copies
of such insurance policies upon the Landlord's request. 

ACCEPTANCE OF PREMISES BY TENANT  

        18.   The
taking possession of said premises by the Tenant shall be conclusive evidence as against the Tenant that said premises were in good and satisfactory condition when
possession of the same was taken. 

WAIVER  

        19.   No
waiver of any breach of Default of any one or more of the conditions or covenants of this lease by the Landlord shall be deemed to imply or constitute a waiver of any
succeeding or other breach or Default hereunder. 

AMENDMENT OR MODIFICATION  

        20.   The
Tenant acknowledges and agrees that it has not relied upon any statements, representations, agreements or warranties, except such as are expressed herein, and that
no amendment or modification of this lease shall be valid or binding unless expressed in writing and executed by the parties hereto in the same manner as the execution of this lease. 

PAYMENTS AFTER TERMINATION  

        21.   No
payments of money by the Tenant to the Landlord after the termination of this lease, in any manner, or after the giving of any notice (other than a demand for the
payment of money) by the Landlord to the Tenant, shall reinstate, continue or extend the term of this lease or affect any notice given to the Tenant prior to the payment of such money, it being agreed
that after the service of notice or the commencement of a suit or after final judgment granting the Landlord possession of said premises, the Landlord may receive and collect any sums of rent due, or
any other sums of money due under the terms of this lease, and the payment of such sums of money whether as rent or otherwise, shall not waive said notice, or in any manner affect any pending suit or
any judgment theretofore obtained. 

HOLDING AFTER TERMINATION  

        22.   It
is mutually agreed that if after the expiration of this lease the Tenant shall remain in possession of said premises without a written agreement as to such holding,
then such holding over shall be deemed to be a holding upon a tenancy from month to month at a monthly rental equivalent to the last monthly payment provided herein, payable in advance on the same day
of each month as above provided; all other terms and conditions of this lease remaining the same. 

ENTRY BY LANDLORD  

        23.   The
Landlord shall at all times have the right, by its officers or agents, to enter the demised premises to inspect and examine the same, and to show the same to persons
wishing to lease them, and may at any time within fifteen days next preceding the termination of this tenancy, place upon the doors and windows of the premises the notice "For Rent", which said notice
shall not be removed by the Tenant. 

6

 
ATTORNEY'S FEES  

        24.   In
the event any dispute arises concerning the terms of this Lease or the nonpayment of any sums under this Lease, and the matter is turned over to an attorney, the
party prevailing in such dispute shall be entitled, in addition to other damages and costs, to recover reasonable attorney's fees from the other party. 

RULES AND REGULATIONS  

        25.   It
is further agreed that the following rules and regulations shall be and are hereby made a part of this lease, and the Tenant agrees that its employees and agents, or
any others permitted by the Tenant to occupy or enter said premises, will at all times abide by said rules and regulations and that a default in the performance and observance thereof shall operate
the same as any other defaults herein: 

        (1)   The
sidewalks, entries, passages, stairways and elevators shall not be obstructed by the Tenant, or its agents, or used by them for any purpose other than ingress and
egress to and from their offices. 

        (2)   (a) Furniture,
equipment or supplies shall be moved in or out of the building only upon the elevator designated by Landlord (if the building is so equipped) and
then only during such hours and in such manner as may be prescribed by the Landlord. 

        (b)   No
safe or article, the weight of which may constitute a hazard or danger to the building or its equipment, shall be moved into the premises. 

        (c)   Safes
and other equipment, the weight of which is not excessive, shall be moved into, from or about the building only during such hours and in such manner as
shall be prescribed by the Landlord, and the Landlord shall have the right to designate the location of such articles in the space hereby demised. 

        (3)   Signs,
notices, advertisements, or other inscriptions shall not be placed upon any part of the building without prior approval of the Landlord. 

        (4)   The
light through the transoms and glass partitions opening into the halls and other parts of the building shall not be obstructed in any way by the Tenant. 

        (5)   Restrooms
and other water fixtures shall not be used for any purpose other than that for which the same are intended, and any damage resulting to the same from misuse on
the part of the Tenant, its agents or employee, shall be paid for by the Tenant. No person shall waste water by tying back or wedging the faucets, or in any other manner. 

        (6)   No
animals shall be allowed in the offices, halls, corridors and elevators in the building. 

        (7)   Bicycles
or other vehicles shall not be permitted in the offices, halls, corridors and elevators in the building, nor shall any obstruction of sidewalks or entrances of
the building by such be permitted. 

        (8)   No
person shall disturb the occupants of this or adjoining buildings or premises by the use of any radio or musical instrument or by the making of loud or improper
noises. 

        (9)   The
Tenant shall not allow anything to be placed on the outside window ledges of the building, nor shall anything be thrown by the Tenant, its agents or employees, out
of the windows or doors, or down the courts, elevator shafts, or skylights of the building. 

        (10) No
additional lock or locks shall be placed by the Tenant on any door in the building unless written consent of the Landlord shall first have been obtained. A
reasonable number of keys to the demised premises and to the restrooms will be furnished by the Landlord, and neither the 

7

 

Tenant,
its agents or employees, shall have any duplicate key made. At the termination of this tenancy, the Tenant shall promptly return all such keys to the Landlord. 

        (11) No
awnings or window coverings shall be attached to the premises without prior written approval by the Landlord. 

        Tenant
shall pay for any damage caused by the Tenant to any window coverings supplied by the Landlord. 

        (12) The
Tenant, before closing and leaving the demised premises at any time, shall see that all windows are closed, in order to avoid possible damage from fire, storm or
freezing. 

        (13) The
Tenant shall not install or operate any steam or gas engine or boiler, or carry on any mechanical business in the demised premises. The use of oil, gas or flammable
liquids for heating, lighting or any other purpose is expressly prohibited. Explosives or other articles deemed extra hazardous shall not be brought into the building. 

        (14) Any
painting or decorating as may be agreed to be done by and at the expense of the Landlord shall be done during regular working hours. Should the Tenant desire
such work done on Sundays, holidays or outside of regular working hours, the Tenant shall pay for the extra cost thereof. 

        (15) The
Tenant shall not mark upon, paint signs upon, cut, drill into, drive nails or screws into, or in any way deface the walls, ceilings, partitions or floors of the
demised premises or of the building. Any defacement, damage or injury caused by the Tenant, its agents or employees, shall be paid for by the Tenant. 

        (16) The
Landlord reserves the right to make such other and further reasonable rules and regulations as in its judgment may from time to time be needful and desirable for
the safety, care and cleanliness of the premises and for the preservation of good order therein. 

        Additional
Provisions: 

        See
attached Addendum which is incorporated herein by reference. 

QUIET POSSESSION  

        26.   The
Landlord shall warrant and defend the Tenant in the enjoyment and peaceful possession of the premises during the term aforesaid. 

        All
titles and captions are for convenience only and are not a part of this lease. This lease shall be binding on the parties, their personal representatives, successors and assigns. If
there are more than one entity or persons which are the Tenants under this lease, all covenants and agreements herein to be performed by the Tenant shall be joint and several. 

8

 

        Should
any provision of this lease violate any federal, state or local law or ordinance, that provision shall be deemed amended to so comply with such law or ordinance, and shall be
construed in a manner so as to comply, and the remainder of this lease shall not be affected thereby. 

	

Executed on	
 	

September 13, 2001
 Date	
 	

 	
 	

 

	

Attest:	
 	

/s/  ARNOLD L. GREENBERG      
	
 	

Attest:	
 	

/s/  SANFORD D. GREENBERG, CEO      

	

Arnold L. Greenberg
 Landlord	
 	

VitaCube Systems, Inc.
 Tenant
	

6650 West Lakeridge Road
 Address	
 	

480 South Holly Street
 Address
	

Lakewood, Colorado 80227
	
 	

Denver, Colorado 80246

	

STATE OF COLORADO	
 	

 	
 	

 
	City and County of Denver	 	 	 	 
	The foregoing instrument was acknowledged before me this 13th day of September, 2001, by Sanford D. Greenberg, as CEO of Vita Cube Systems, Inc., a corporation.
	

My commission expires: 2-25-03

Witness my hand and official seal.	
 	

/s/  LYDIA J. MAKOWKA      
 Notary Public
	

STATE OF COLORADO	
 	

 	
 	

 
	City and County of Denver	 	 	 	 
	

The foregoing instrument was acknowledged before me this 13th day of September, 2001, by Arnold L. Greenberg.
	

My commission expires: 2/25/03

Witness my hand and official seal.	
 	

/s/  LYDIA J. MAKOWKA      
 Notary Public

9

   ADDENDUM

TO OFFICE LEASE

FOR 480 SOUTH HOLLY STREET

DENVER, COLORADO ("PREMISES")

(Effective July 1, 2001)  

        1.     As
evidenced by their respective signatures below, Landlord, Tenant, and Tenant's two shareholders, Warren Cohen and Sanford D. Greenberg ("Tenant's Shareholders"),
acknowledge and agree as follows: 

        a.     The
law firm of Lohf Shaiman Jacobs & Hyman PC and its attorneys (collectively, the "Firm"), has in the past and currently represents Landlord, Tenant, and
Tenant's Shareholders in connection with various legal matters; 

        b.     Landlord,
Tenant, and Tenant's Shareholders consent to the Firm preparing the Lease and waive any claims which any of them may have in connection with the Firm's
preparation of the Lease; 

        c.     The
Firm has not negotiated the terms of the Lease, but instead Landlord and Tenant and Tenant's Shareholders have negotiated the Lease terms with each other; 

        d.     The
Firm has acted solely as the scribner of the Lease; 

        e.     In
the event of any dispute concerning the Lease, including enforcements of the terms and interpretation of the terms hereof, the Firm will not be in a position to
represent either party or Tenant's Shareholders, and all of them will be required to get independent legal counsel in connection with any such dispute; and 

        f.      Landlord,
Tenant, and Tenant's Shareholders have all been advised to retain counsel to review the Lease and to represent each such party in connection with the
negotiation and execution of the Lease. 

        2.     In
addition to the Base Rent provided in the print form of Lease, Tenant agrees to pay annual increases of three percent of the Base Rent for the preceding year; so, for
example, the monthly Base Rent during the second year of the Lease term shall increase from $5,240.00 per month to $5,397.20 per month. In addition, Tenant shall be responsible for increases in the
cost of gas, electricity, and water (collectively, the "Utilities") for the Premises. The average monthly cost for the twelve month period ending March 31, 2001, for the Utilities for the
Premises was $883.20. For any month in which the Utilities for the Premises exceed such amount (after taking into account months when the cost of Utilities for the Premises was less than such
amount), Landlord shall bill Tenant for such monthly excess, which amount shall be due and payable within five days of receipt of such bill as additional rent. 

        3.     As
provided in the printed form of the Lease, Landlord is responsible for normal janitorial services for the Premises. If Tenant desires special janitorial services to be
provided because of the nature of Tenant's use of the Premises or otherwise, Tenant may, on its own, retain special janitorial services. In such event, Tenant shall pay for the special janitorial
services and Landlord shall reimburse Tenant in an amount equal to the amount Landlord would have paid for regular janitorial services for the Premises. 

        4.     Notwithstanding
the provisions of Paragraph 17 of the printed form of the Lease, Landlord shall be responsible for obtaining and keeping in full force fire and
liability insurance as the Landlord shall reasonably deem appropriate with respect to the Premises (including the leasehold improvements constructed by Tenant and it's predecessor). Tenant shall be
responsible for obtaining such casualty insurance as it deems necessary and appropriate for protecting its assets located at the Premises, for loss of business insurance, for liability insurance, and
for such other insurance as Tenant shall deem 

10

 

necessary
and appropriate for its own uses. Tenant agrees that to the extent the casualty insurance premium payable by Landlord is increased as the result of Landlord insuring against casualty the
leasehold improvements to the Premises constructed by Tenant (and its predecessor), Tenant shall be responsible for the increase in premium and, in such event, Tenant agrees to pay within five
(5) days of receipt of a billing for same the entire amount of such increase. 

        5.     So
long as Tenant is not in default hereunder, Tenant shall have the right to extend the Lease term for two 21/2 year lease extensions. In order to extend
the Lease, Tenant shall not be in default under the Lease at the time the Lease is extended, and Tenant must give Landlord written notice of its election to extend the Lease term at least ninety
(90) days prior to the end of the then Lease term. Upon due extension of the Lease, all terms of the Lease shall remain the same with the Base Rent continuing to increase by 3% per annum with
the additional cost for gas and electricity for the Premises continuing to accrue. The only change shall be the option to purchase the Premises granted herein which shall terminate if not duly
exercised during the initial term of the Lease. 

        6.     Landlord
hereby grants to Tenant an option to purchase the Premises at a cash price of $400,000 or at a credit price of $450,000. Tenant may assign in writing its option
rights hereunder to Tenant's Shareholders individually (in either case hereafter called "Optionee"). If Tenant is not in default under this Lease, Optionee may exercise its option hereunder by giving
written notice to Landlord during the initial term of this Lease, in which event the closing of the sale shall occur thirty (30) days following delivery of such notice. In such event, Landlord
shall provide a title insurance commitment to Tenant showing the Premises free and clear of all liens and encumbrances other than easements, conditions, covenants, and restrictions of record which do
not materially interfere with the operation of the Premises. At closing, Landlord shall convey title to the Premises by special warranty deed and, at Landlord's cost, provide a title insurance policy
for the Premises. Optionee shall pay the cash purchase price of $400,000 by good funds at the closing (adjusted for real estate taxes pro rations which shall be a final settlement, and for other
normal closing costs payable by Optionee as buyer). In the event Optionee elects the credit price at closing, Optionee shall pay $50,000 in good funds as a down payment for the purchase price and
deliver to Landlord a note for $400,000 secured by a first deed of trust encumbering the Premises. The note shall have an interest rate of 81/2% on the unpaid balance which shall be
payable in 180 equal monthly payments (a 15 years straight amortization) of $3,938.96 each, and shall contain such other provisions as Landlord shall reasonably require. 

        7.     If
Tenant does not duly exercise its option to purchase the Premises, and does not duly extend the Lease after the initial Lease term ending December 31, 2001,
Landlord agrees that during calendar year 2004, if Landlord closes the sale of the Premises to any third party, and if the net amount of cash proceeds to Landlord from selling the Premises, after
deducting all costs incurred by Landlord in connection with the sale (other than income taxes) exceeds $450,000, Landlord shall pay such excess amount to Tenant in recognition of the various leasehold
improvements made by Tenant to the Premises. 

        8.     If
any rental payment required hereunder is not duly paid within ten (10) days after it becomes due, in addition to all other rights Landlord shall have hereunder,
Tenant agrees to pay Landlord a late payment fee equal to 5% of the rental payment that was due and payable, but not paid. 

        9.     The
parties acknowledge and agree that a substantial portion of the Premises are currently leased (the "CD Lease") to Chatfield Dean Holdings, Inc. ("CD"), and
that Tenant currently is a sub-tenant of CD and uses a substantial portion of the Premises for Tenant's business activities. The parties further acknowledge and agree that the term of the
CD Lease does not expire until April 30, 2005, and in order for this Lease to commence on July 1, 2001, the CD Lease must be terminated prior to its normal expiration date. In this
regard, as evidenced by its signature below, CD consents to the early termination of the CD Lease on June 30, 2001, and Landlord consents to the early termination of 

11

 

the
CD Lease on June 30, 2001. The obligations of CD under the CD Lease shall terminate and be of no further effect after June 30, 2001. Notwithstanding the foregoing, Tenant agrees that
it will be responsible for all obligations of CD under the CD Lease with respect to the leasehold improvements constructed by CD and Tenant on the Premises during the term of the CD Lease (e.g., due
payment of all contractors, material men, workmen, and sub-contractors). As Tenant currently is a sub-lessee of CD and currently uses a substantial portion of the Premises for
Tenant's business, Tenant agrees that it is taking the Premises pursuant to the Lease in an "as is" condition, and accepts the Premises in all respects as they currently exist. 

        10.   As
evidenced by their respective signatures below, the two shareholders of Tenant, Warren Cohen and Sanford D. Greenberg, jointly and severally unconditionally guarantee
the obligations of Tenant hereunder. Such guarantee shall not terminate notwithstanding any amendments to the Lease, waiver by Landlord of any rights it may have hereunder, or otherwise. 

	

 	
 	

/s/  ARNOLD L. GREENBERG      
 A.L. Greenberg
	

 	
 	
VITACUBE SYSTEMS, INC.
	

 	
 	

By:	
 	

/s/  WARREN COHEN      
 Warren Cohen, President
	

 	
 	

/s/  WARREN COHEN      
 Warren Cohen
	

 	
 	

/s/  SANFORD D. GREENBERG      
 Sanford D. Greenberg
	

 	
 	
CHATFIELD DEAN HOLDINGS, INC.
	

 	
 	

By:	
 	

/s/  SANFORD D. GREENBERG      
 Sanford D. Greenberg, CEO

12

   AMENDMENT TO OFFICE LEASE  

        This Amendment to Office Lease is made effective as of July 1, 2003, by and between Arnold L. Greenberg as Landlord and VitaCube Systems
Holdings, Inc., a Nevada corporation ("Holdings") as Tenant. 

        WHEREAS,
Arnold L. Greenberg as Landlord and VitaCube Systems, Inc., a Colorado corporation ("V3S"), entered into a certain lease agreement effective as July 1, 2001 (the
"Lease"), concerning the premises located at 480 South Holly Street, Denver, Colorado (the "Leased Premises"); and 

        WHEREAS,
effective June 20, 2003, V3S became a wholly-owned subsidiary of Holdings; and 

        WHEREAS,
Holdings and Landlord have agreed to amend the Lease to recognize Holdings as the Tenant thereunder and to amend other provisions of the Lease as set forth below. 

        NOW,
THEREFORE, in consideration of the premises and the mutual covenants hereinafter set forth, the parties hereto agree as follows: 

        1.     Effective
as of July 1, 2003, Arnold L. Greenberg shall be deemed the Landlord under the Lease, and Holdings shall be deemed the Tenant under the Lease (and V3S
shall no longer be deemed the Tenant under the Lease). 

        2.     Effective
as of July 1, 2003, the term of the Lease is extended to June 30, 2004. 

        3.     Effective
July 1, 2003, the rent for the Leased Premises shall be $3,000.00 per month. Tenant agrees that it will pay all costs for the operation and maintenance
for the Leased Premises, except that Landlord shall remain solely responsible for real estate taxes for the Leased Premises and casualty and liability insurance for the Leased Premises. 

        4.     Tenant
acknowledges that, as of June 30, 2003, back rent in the amount of $64,483.00 had not been paid to Landlord. Tenant agrees that, on or before
December 31, 2003, it will pay to Landlord $20,000.00 in partial satisfaction of the past due rent. In addition, Tenant agrees that, on January 1, 2004, Tenant will issue to Landlord
44,483 shares of Tenant's coon stock (the "Shares"), which Landlord agrees to accept (together with the $20,000.00 cash payment) in full satisfaction of all past due rent due under the Lease as of
June 30, 2003. By his signature below, Landlord represents, acknowledges and agrees as follows: (i) the Shares will not be registered under any applicable security laws and may not be
transferred by Landlord, except in compliance with all applicable laws; (ii) Landlord is taking the Shares for investment purposes only, with no present intent to transfer or distribute the
Shares; and (iii) Landlord is fully advised of the financial circumstances and business of Tenant and is accepting the Shares in reliance on his own investigation of Holdings and its business
affairs. 

        IN
WITNESS WHEREOF, the undersigned have duly executed this Amendment as of July 1, 2003. 

	
LANDLORD	
 	

TENANT
	

 	
 	

VITACUBE SYSTEMS HOLDINGS, INC.
	

/s/  A.L. GREENBERG      
 A.L. Greenberg	
 	

By:	
 	

/s/  SANFORD D. GREENBERG      
    Authorized Officer

13

   ADDENDUM

TO OFFICE LEASE

FOR 480 SOUTH HOLLY STREET

DENVER, COLORADO ("PREMISES")

(Effective July 1, 2004)  

        11.   As
evidenced by their respective signatures below, effective July 1, 2004, the lease shall be solely between Arnold L. Greenberg as Landlord and VitaCube Systems
Holdings, Inc as Tenant. The lease term shall be extended to December 31, 2004. Landlord and Tenant acknowledge and agree that: 

        a.     The
law firm of Lohf Shaiman Jacobs Hyman & Feiger PC and its attorneys (collectively, the "Firm"), has in the past and currently represents Landlord and Tenant,
in connection with various legal matters; 

        b.     Landlord
and Tenant, consent to the Firm preparing the Lease Amendment and waive any claims which any of them may have in connection with the Firm's preparation of the
Lease Amendment; 

        c.     The
Firm has not negotiated the terms of the Lease, but instead Landlord and Tenant have negotiated the Lease terms with each other; 

        d.     The
Firm has acted solely as the scribner of the Lease Amendment; 

        e.     In
the event of any dispute concerning the Lease Amendment, including enforcements of the terms and interpretation of the terms hereof, the Firm will not be in a position
to represent either party, and each of them will be required to get independent legal counsel in connection with any such dispute; and 

        f.      Landlord
and Tenant have all been advised to retain counsel to review the Lease Amendment and to represent each such party in connection with the negotiation and
execution of the Lease Amendment. 

        12.   The
Base Rent shall be $3,000 per month. In addition Tenant agrees to pay for all (i) gas, electricity, and water (collectively, the "Utilities") for the
Premises, (ii) trash removal and all janitorial services for the Premises and (iii) maintenance of the Premises. 

        13.   Notwithstanding
the provisions of Paragraph 17 of the printed form of the Lease, Landlord shall be responsible for obtaining and keeping in full force fire and
liability insurance as the Landlord shall reasonably deem appropriate with respect to the Premises (including the leasehold improvements constructed by Tenant and it's predecessor). Tenant shall be
responsible for obtaining such casualty insurance as it deems necessary and appropriate for protecting its assets located at the Premises, for loss of business insurance, for liability insurance, and
for such other insurance as Tenant shall deem necessary and appropriate for its own uses. Tenant agrees that to the extent the casualty insurance premium payable by Landlord is increased as the result
of Landlord insuring against casualty the leasehold improvements to the Premises constructed by Tenant (and its predecessor), Tenant shall be responsible for the increase in premium and, in such
event, Tenant agrees to pay within five (5) days of receipt of a billing for same the entire amount of such increase. 

        14.   If
any rental or other payment required hereunder of Tenant is not duly paid within ten (10) days after it becomes due, in addition to all other rights Landlord
shall have hereunder, Tenant agrees to pay Landlord a late payment fee equal to 5% of the rental or other payment that was due and payable, but not paid. 

        15.   The
parties acknowledge and agree that although under the lease as previously amended certain other persons and parties leased or sub-leased space in the
Premises and had obligations to Landlord under the lease as previously amended, effective July 1, 2004, this lease shall be deemed to 

14

 

be
solely between Landlord and Tenant and no other person or party shall have any rights or obligations under the Lease as amended. All provisions of the printed form of lease not herein amended shall
remain in full force and effect. 

	

 	
 	

/s/  A.L. GREENBERG      
A.L. Greenberg, Landlord
	

 	
 	

VITACUBE SYSTEMS HOLDINGS, INC., Tenant
	

 	
 	

By:	
 	

/s/  SANFORD D. GREENBERG      
Sanford D. Greenberg, CEO

15

   ADDENDUM

TO OFFICE LEASE

FOR 480 SOUTH HOLLY STREET

DENVER, COLORADO ("PREMISES")

(Effective December 31, 2004)  

        16.   As
evidenced by their respective signatures below, effective December 31, 2004, the lease shall be solely between Arnold L. Greenberg as Landlord and VitaCube
Systems Holdings, Inc as Tenant. The lease term shall be extended to December 31, 2005. Landlord and Tenant acknowledge and agree that: 

        a.     The
law firm of Lohf Shaiman Jacobs Hyman & Feiger PC and its attorneys (collectively, the "Firm"), has in the past and currently represents Landlord and Tenant,
in connection with various legal matters; 

        b.     Landlord
and Tenant, consent to the Firm preparing the Lease Amendment and waive any claims which any of them may have in connection with the Firm's preparation of the
Lease Amendment; 

        c.     The
Firm has not negotiated the terms of the Lease, but instead Landlord and Tenant have negotiated the Lease terms with each other; 

        d.     The
Firm has acted solely as the scribner of the Lease Amendment; 

        e.     In
the event of any dispute concerning the Lease Amendment, including enforcements of the terms and interpretation of the terms hereof, the Firm will not be in a position
to represent either party, and each of them will be required to get independent legal counsel in connection with any such dispute; and 

        f.      Landlord
and Tenant have all been advised to retain counsel to review the Lease Amendment and to represent each such party in connection with the negotiation and
execution of the Lease Amendment. 

        17.   The
parties acknowledge and agree that although under the lease as previously amended certain other persons and parties leased or sub-leased space in the
Premises and had obligations to Landlord under the lease as previously amended, effective July 1, 2004, and through this lease extension, this Lease shall be deemed to be solely between
Landlord and Tenant and no other person or party shall have any rights or obligations under the Lease as amended. All provisions of the printed form of lease not herein amended shall remain in full
force and effect. 

        18.   The
Base Rent shall be $3,090 per month. In addition Tenant agrees to pay for all (i) gas, electricity, and water (collectively, the "Utilities") for the
Premises, (ii) trash removal and all janitorial services for the Premises and (iii) maintenance of the Premises. 

        19.   Paragraphs
5, 6 and 7 of the Original Lease (as set forth in the Addendum to the Original Lease) are deleted. 

        20.   Landlord
hereby grants to Tenant an option to purchase the Premises at a cash price of $450,000. If Tenant is not in default under this Lease, Tenant may exercise its
option hereunder by giving written notice to Landlord by the end of the lease term (as extended as herein provided), in which event the closing of the sale shall occur thirty (30) days
following delivery of such notice. In such event, Landlord shall provide a title insurance commitment to tenant showing the Premises free and clear of all liens and encumbrances other than easements,
conditions, covenants, and restrictions of record which do not materially interfere with the operation of the Premises. At closing, Landlord shall convey title to the Premises by special warranty deed
and, at Landlord's cost, provide a title insurance policy for the Premises. Tenant shall pay the cash purchase price of $450,000 by good funds at the 

16

 

closing
(adjusted for real estate taxes pro rations which shall be a final settlement and for other normal closing costs payable by Tenant as buyer). 

        21.   If
Tenant is not otherwise in default hereunder at the end of this Lease extension, Tenant shall have the option (but not the obligation) to extend the Lease term for an
additional year, ending December 31, 2006. All terms of the Lease as extended, as set forth herein, shall remain the same except that the base rent during 2006 shall be $3,180 per month. Tenant
shall exercise its option by giving Landlord not more than 90 days, and not less than 45 days, written notice of its election to exercise its option to extend this Lease until
December 31, 2006. 

        22.   Except
as herein provided, all other provisions of the Original Lease (and Addendum thereto) are hereby ratified by the Parties. 

        Executed
as of December 31, 2004 at Denver, Colorado. 

	

 	
 	

/s/  A.L. GREENBERG      
A.L. Greenberg, Landlord
	

 	
 	

VITACUBE SYSTEMS HOLDINGS, INC., Tenant
	

 	
 	

By:	
 	

/s/  SANFORD D. GREENBERG      
Sanford D. Greenberg, CEO

17

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Exhibit 10.9  

 
 

CONSULTING AGREEMENT    
    

        This Consulting Agreement (the "Agreement") is made and entered into as of the 1st day of April 2004 by and between VitaCube Systems
Holdings, Inc., a Colorado corporation ("VitaCube" or "Company") and Peak Performance Nutrition Ltd., a Nevada corporation ("PPN"). 

        WHEREAS
Company produces, markets, and sells premium nutritional supplement products and related services, and requires assistance in developing its business, assessing its products and
market, evaluating new and competing products, reviewing relationships with and performance by its suppliers, recruiting employees and contractors, and accomplishing related goals; 

        WHEREAS,
PPN will provide the services of Dr. William E. Wheeler ("Advisor") to perform the services on behalf of PPN under this Agreement. 

        WHEREAS
Advisor is a recognized expert in the fields of human and animal nutrition, biochemistry, physiology, and preventative medicine, and is skilled in advising clients regarding
nutrition education, manufacturing and distribution of nutritional supplements and related matters, and possesses the expertise to assist the Company in achieving its business objectives; 

        WHEREAS
Company desires to engage PPN to perform services as described in this Agreement; and 

        WHEREAS
PPN desires to be engaged by Company to perform services as described in this Agreement; 

        NOW
THEREFORE, in consideration of the parties' covenants and agreements and the recitals which constitute consideration for and are incorporated in this Agreement, the parties agree as
follows: 

        1.     RETENTION
OF PPN. The Company hereby engages PPN as an independent contractor to undertake the following duties, related and necessary actions, and other responsibilities
agreed upon by the parties: 

        a)    Unless
otherwise agreed by the Company, Advisor will be assigned to perform the services of PPN under this Agreement. 

        b)    PPN
agrees to lend Advisor's name and credentials to endorse VitaCube and its products, and to assign Advisor to serve as a member of the VitaCube Scientific Review and
Medical Advisory Board ("Advisory Board"), the purpose of which is to review the safety and efficacy of all VitaCube products and to monitor new developments in the areas of science and medicine and
recommend new products and services for Research and Development. 

        c)     As
an Advisory Board Member, Advisor will (i) review existing formulations of the Company's product on a periodic basis; (ii) provide recommendations
concerning appropriate modifications or improvements to current product offerings; and (iii) review new and proposed formulations, providing recommendations concerning modifications,
improvements, and reformulations. 

        d)    As
an Advisory Board Member, Advisor will participate in (i) the selection and appointment of other Advisory Board Members; (ii) defining and refining the
purposes of the Advisory Board; (iii) reviewing all statements, announcements and positions issued by the Advisory Board; and (iii) reviewing all Company product literature and training
materials (print, electronic and other media). 

        e)    Upon
reasonable request of the Company, Advisor shall (i) provide assistance to the Company in negotiating, monitoring and communicating with its suppliers of
ingredients and manufacturers of Company products; (ii) provide to such suppliers and manufacturers technical advice necessary to assure proper performance of responsibilities to the Company;
(iii) visit the facilities of such manufacturer to ensure quality control; (iv) review proposals made by suppliers, 

 

manufacturers
or third parties concerning formulation and manufacture of products, provision of ingredients, and marketing and advertising.; (v) assist the Company in writing or reviewing
educational materials that describe and support the ingredients and formulations of the Company's products. Should any of the above activities require out-of-town travel, such
activities will be scheduled in advance and as agreed by the parties, and compensated as provided in Sections 8.c, 8.d. and 9. 

        f)     Company
shall inform suppliers and manufacturers and necessary third parties of Advisor's relationship and role with Company, thereby granting Advisor access to relevant
formulations, processes and facilities. 

        g)     At
reasonable times and upon reasonable notice, Advisor shall (i) respond to inquiries by Company employees, suppliers and manufacturers; (ii) attend up to
two seminars and conferences sponsored by the Company per year; (iii) conduct interviews by trade publications, online media and other media; and (iv) appear on Company audio and video
marketing materials, including radio programs produced by the Company. Should any of the above activities require out-of-town travel, such activities will be scheduled in
advance and as agreed by the parties, and compensated as provided Sections 8.c, 8.d. and 9. 

        h)    PPN
will obtain Advisor's consent to Company's use of Advisor's name, likeness, photograph, appearance, credentials, reputation, voice, facsimile signature, and other
identifying characteristics, and his written or oral statements concerning VitaCube, its business and its products (hereinafter referred to as Advisor's "Name, Likeness and Statements") to advertise
and promote Company's business. PPN will maintain and periodically supply Company with a current Curriculum Vital, detailing Advisor's credentials, awards, recognitions, professional associations,
memberships, affiliations and other professional accomplishments which increase Advisor and Company image, reputation and credibility. 

        i)     Advisor
maintains the right to approve all news releases, printed materials, website content and/or broadcast information that contain his Name, Likeness and Statements.
Should any such publication not meet Advisor's approval, Advisor shall assist Company in modifying content to meet Advisor's approval. 

        j)     PPN
will obtain from Advisor the Company's right to, subject to the terms of this Agreement, the non-exclusive worldwide use of Advisor's Name, Likeness and
Statements to advertise its business and its products in print media (including but not limited to Company publications), and in all other forms of media, including but not limited to radio,
television, electronic, and Company Internet Web Sites (or Web Sites of Company affiliates). Advisor's statements and endorsements shall be in accordance with established Federal Trade Commission
(FTC) and Food & Drug Administration (FDA) guidelines for endorsements and truth in advertising. Such statements shall be based on Advisor's personal use, knowledge or experience with the
products at the time such statement is made, and include only Advisor's honest evaluation, opinion and findings concerning Company's business and products. Should it become necessary to verify
compliance with FTC / FDA guidelines, Advisor shall
provide upon reasonable request a signed affidavit confirming compliance with FTC / FDA guidelines in connection with such endorsements or statements. 

        k)    Advisor
agrees to participate in the following Company activities: (i) to be available for up to two (2) one-hour Company conference calls each
month with field leaders and distributors to promote and train Company products; (ii) to be available for up to one (1) hour each month to appear on Company produced radio programs; and
(iii) to be available for up to one (1) day each quarter to record Company audio and/or video marketing, promotional and training materials. Advisor will attend Company's annual
conferences and two training seminars per year as scheduled in advance and as agreed by the parties. All such activities will be scheduled in advance with 

2

 

reasonable
accommodation of Advisors schedule, and if requiring out-of-town travel, compensated as provided Sections 8.c, 8.d. and 9. 

        l)     Company
may from time to time make reasonable request of Advisor to prepare articles for publication, specifically develop new product formulations, or to perform other
specific professional or scientific services. Advisor shall endeavor in good faith to meet these requests, either as part of this Agreement, or as separately negotiated activities performed outside
the reasonable scope of Advisory Board Member responsibilities. 

        m)   PPN
or Advisor must obtain prior written approval from Company to contact or access any VitaCube professional or celebrity endorser or third-party affiliate, or use such
endorsements, affiliations and contacts for any non-Company purpose. 

        2.     LICENSES
AND RELATED MATTERS. PPN represents and warrants that PPN or Advisor has all the necessary licenses, certificates and registrations for performance of the duties
hereunder have been obtained or will be obtained when so required by federal, state or local governments in which PPN or Advisor performs services under this Agreement. PPN further represents and
warrants that Advisor's credentials and assertions are truthful and accurate. 

        3.     REPRESENTATIONS.
PPN and Advisor will not make any public statements concerning the Company or its products except with the Company's advance written consent. 

        4.     INDEPENDENT
CONTRACTOR. 

        a)    PPN's
engagement and actions hereunder are in the nature and status of an independent contractor to VitaCube. In furtherance thereof, PPN and VitaCube acknowledge and
agree that one is neither the employee, employer, principal nor agent of the other and nothing in this Agreement shall be considered to create the relationship of employer, employee, principal and
agent or partners between VitaCube and PPN. PPN shall be deemed at all times and for all purposes to be an independent contractor, and as such, PPN shall employ its own means and method so as to
accomplish its duties hereunder from time to time and shall not be subjected to the control of VitaCube in respect to the details thereof. 

        b)    PPN AGREES THAT, AS AN INDEPENDENT CONTRACTOR, NEITHER PPN NOR ANY OF ITS EMPLOYEES INCLUDING ADVISOR IS ENTITLED TO ANY BENEFITS FROM THE
COMPANY, INCLUDING BUT NOT LIMITED TO, ANY EMPLOYER WITHHOLDING OR LIABILITY FOR TAXES; FICA; MEDICARE OR MEDICAID; MEDICAL OR DISABILITY INSURANCE; VACATION OR LEAVE; PENSION; WORKERS' COMPENSATION
INSURANCE; OR UNEMPLOYMENT INSURANCE BENEFITS OR OTHER UNEMPLOYMENT COMPENSATION. PPN IS OBLIGATED TO PAY FEDERAL AND STATE INCOME TAX ON ANY MONEYS EARNED PURSUANT TO THE CONTRACT
RELATIONSHIP.

        5.     DEVOTION
OF TIME. Advisor shall devote such of his time, attention, knowledge, and skills as may be required to perform the duties set out in this Agreement. Advisor is
not expected to devote full time to the duties hereunder. 

        6.     EXTENT
OF DUTIES. This is not an exclusive agreement; nothing in this Agreement shall be construed as limiting or restricting PPN's right to engage in any other
consulting or advisory activities [except as provided in Section 11]. 

        7.     TERM
OF AGREEMENT. This Agreement is effective for three (3) years after the commencement of the Agreement. From April 1, 2004 through September 30,
2004, the Agreement may be terminated by either party without cause upon two (2) weeks written notice; thereafter, the Agreement may be terminated by either party without cause upon thirty
(30) days written notice. 

3

 

        8.     COMPENSATION.
In consideration for services performed by PPN, PPN will receive the following: 

        a)    Company
shall pay to PPN $2000 each month, with the first payment made upon execution of this Agreement, and with subsequent payments due the 1st of each
month (to be received by PPN no later than the 5th of each month) thereafter through March 2007. Should Company fail to meet these monthly
payment terms, Advisor may immediately terminate this agreement by sending notice as provided in Section 24; 

        b)    Company
shall provide to PPN one (1) 30-Day Elite VitaCube each month through March 2007; 

        c)     Company
shall pay to PPN a $500 per diem for Advisor attending Company's annual conferences, periodic training seminars, and other appearances as agreed and scheduled in
advance provided however, PPN will not receive any additional compensation for performing the monthly and quarterly activities set forth in Section 1.j. (i), (ii) or (iii). 

        d)    Company
shall pay to PPN either an agreed hourly or project fee for special projects, specific development or other professional or scientific services performed outside
the reasonable scope of Advisory Board Member responsibilities, to be negotiated and paid as agreed to by the parties as necessary. 

        e)    Company
shall pay to PPN an additional $1000 upon execution of this Agreement for Advisor to attend Company's meeting to be held April 23-24, 2004.
Travel and expenses related to Advisor's attendance of this meeting will be reimbursed as provided in Section 9. 

        f)     Compensation
will be reviewed and may be adjusted annually. 

        9.     EXPENSES.
PPN will be reimbursed for all travel and related expenses reasonably and necessarily incurred in the performance of services under this Agreement, upon prior
approval by Company and upon subsequent presentation of proof of such expenses per Company's standard policy. 

        10.   CONFIDENTIAL
INFORMATION; NON-DISCLOSURE. PPN recognizes and acknowledges that it will have access to certain confidential and proprietary information of
VitaCube and that such information constitutes valuable, special and unique property of VitaCube. 

        a)    Except
as may be necessary to perform PPN's duties under this Agreement or as required by law, PPN agrees that PPN will not, directly or directly, at any time during or
after its engagement by the Company, use or disclose to any person or entity, any confidential or proprietary information of the Company and will hold all of the same confidential. PPN and Advisor
agree not to use or seek to use the confidential or proprietary information for PPN's or Advisor's own benefit or for the benefit of any other person or business or in any way adverse to the Company's
interests. 

        b)    Without
limiting the foregoing, PPN agrees that none of the confidential information or any other information provided by VitaCube to PPN, will be used by PPN or
disclosed to others for use, in connection with purchasing, selling, or trading in VitaCube's securities. 

        c)     "Confidential
or proprietary information" means information of VitaCube or its subsidiaries concerning its products, trade secrets, know how, formulas, ingredients,
inventions, techniques, processes, data, research and development, business and financial affairs, studies, strategic and marketing plans, sales, nutritional and fitness plans, professional and
celebrity endorsements, third-party affiliations, and vendor and customer lists. 

        d)    Notwithstanding
the above, confidential information does not include (i) information which at or after the time of the disclosure becomes part of the public domain
through no fault of PPN; (ii) information which already was in PPN's possession at the time of disclosure and was not 

4

 

acquired
directly or indirectly from the Company; and (iii) information which was received by PPN after the time of disclosure hereunder from a third party which did not require the PPN to hold
it in confidence and which it did not acquire directly or indirectly from the Company. 

        e)    PPN
may disclose the confidential information to its officers, directors, and employees who have a need to know such information and provided that such persons have
agreed in writing to abide by the provisions of this Section 10. 

        f)     The
obligations of this Section 10 will survive in perpetuity the termination of this Agreement. 

        11.   AGREEMENT
TO AVOID CONFLICTS OF INTEREST. As provided in Section 6, this is not an exclusive Agreement; nothing in this Agreement shall be construed as limiting
or restricting PPN's right to engage in any other consulting or advisory activities. Nevertheless, PPN shall avoid conflicts of interest in providing its services under this Agreement by notifying
Company in writing prior to PPN's or Advisor's advertising, promoting or endorsing the business or products of VitaCube's direct selling, nutritional product, or other sports supplement competitors. 

        12.   RELIEF
THE COMPANY MAY SEEK. In the event of a breach or threatened breach by PPN of Sections 10 or 11, PPN hereby agrees that irreparable harm would come
to Company under such circumstances and that in such event Company's remedy at law for such a breach of threatened breach would be inadequate. Accordingly, PPN agrees that Company shall be entitled at
its election, to injunctive relief, without the necessity of posting bond therefore, against such breach or threatened breach and to specific performance of this Agreement, in addition to any other
remedies at law or in equity available to Company for such breach or threatened breach. Venue for any such action shall be proper in the city and county of Denver. 

        13.   OWNERSHIP
AND ASSIGNMENT OF PROPRIETARY INFORMATION. Upon termination of PPN's engagement with Company or at Company's request, PPN shall promptly deliver to Company all
documents, material and property in PPN's possession or control (such as drawings, notebooks, reports, sketches, records, fitness and nutritional plans, details of professional and celebrity
endorsements and third-party affiliations, computer programs, and the like) whether delivered to PPN or made by PPN in the performance of services for Company, relating in any way to PPN's engagement
and the business activities of Company, and containing any data or information whatsoever, whether or not it is confidential. PPN further agrees that Company is the sole owner of any formulas,
processes, endorsements, affiliations, or other property rights created in the performance of services for Company, including but not limited to, the right to use, sell, license or otherwise transfer
or exploit the formulas, processes, endorsements, affiliations, and other property rights and the right to make such changes in them and the uses thereof as Company may from time to time determine.
PPN hereby assigns to Company, without further consideration, PPN's entire right, title, and interest worldwide, free and clear of all encumbrances, in and to all formulas, seminar and training
materials, endorsements, affiliations, and other property developed for Company, which shall be the sole property of Company. PPN also agrees to cooperate with Company both during and after the term
of performance of this Agreement, in evidencing, maintaining, defending, obtaining and enforcing patents, trademarks, copyrights and other protecting of Company's right to formulas, processes,
endorsements, affiliations, and other property rights created pursuant to this Agreement. In the event Company is unable for any reason to secure PPN's signature to any lawful and necessary documents
required to apply for or execute any patent, trademark, copyright or other applications with respect to any designs (including improvements, renewals, extensions, continuations, divisions or
continuations in part thereof), PPN hereby irrevocably designates and appoints VitaCube and its duly authorized officers and agents as its agent and
attorney-in-fact to act for and in its behalf and instead of PPN, to execute and file such application and to do all otherwise lawfully permitted acts to further the
prosecution and issuance of patents, trademarks, copyrights, and other rights with the same legal force and effect as if executed by PPN. 

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        14.   NO
CONFLICTING OBLIGATIONS. PPN represents and warrants that as of the date of this Agreement, PPN is not a party to any agreement, contract, or understanding, and that
no facts or circumstances exist that would in any way restrict or prohibit PPN from undertaking or performing the services provided in this Agreement. Furthermore, PPN understands and acknowledges
that PPN may have confidentiality obligations to third parties under common law, statute, or contract. PPN represents and warrants that in the course of rendering its services under this Agreement,
PPN will not use or otherwise disclose any confidential or proprietary information obtained by PPN from any third party. PPN will indemnify and hold the Company harmless from any claims, demands,
costs, or liabilities (including attorneys' fees and disbursements) incurred by the Company in connection with or resulting from PPN's breach of the representations set forth in this
Section 14. 

        15.   CAPTIONS.
Captions in this Agreement are for convenience of reference only and shall not define or limit the terns or provisions of this Agreement. 

        16.   ASSIGNABILITY.
The duties and obligations of PPN may not be assigned or otherwise transferred, in whole or in part, by PPN, without the consent of VitaCube. VitaCube may
assign this Agreement, or any benefit, duty or obligation thereof hereunder. 

        17.   APPLICABLE
LAW. The terms and conditions of this Agreement shall be construed under, governed by and enforced in accordance with the laws of the State of Colorado. 

        18.   ENTIRE
AGREEMENT; AMENDMENT. This Agreement constitutes the entire Agreement between the parties and supersedes any and all prior agreements, either oral or written,
between the parties hereto with respect thereto. Any modifications to this Agreement must be made in writing and signed by both parties. 

        19.   DUPLICATE
ORIGINALS. This Agreement shall be executed in duplicate, each of which shall be deemed an original. 

        20.   INDEMNIFICATION.
PPN agrees to indemnify and hold Company harmless from and against any and all demands, claims or actions for loss, damage, or liability, including but
not limited to loss of use of property, personal injury, illness or death, suffered by any person where such loss, damage, liability, injury, illness or death is caused by PPNs' actions, conduct or
negligence or by a material breach or default under this Agreement. Company agrees to indemnify and hold PPN harmless from and against any and all demands, claims or actions for loss, damage, or
liability, including but not limited to loss of use of property, personal injury, illness or death, suffered by any person where such loss, damage, liability, injury, illness or death is caused by
Company's actions, conduct or negligence or by a material breach or default under this Agreement. 

        21.   ARBITRATION.
Any dispute relating to this Agreement, or to the Breach of this Agreement, except such as may concern Sections 10 and 11, arising between the
Company and PPN, shall be settled by arbitration in accordance with the commercial arbitration rules of the American Arbitration Association ("AAA"), which arbitration may be initiated by any party
hereto by written notice to the other of such party's desire to arbitrate the dispute. The arbitration proceedings shall take place in Denver, Colorado, and shall be administered by the AAA. Any
arbitration under this Agreement shall be governed by Colorado's Uniform Arbitration Act of 1975, C.R.S.§ 13-22-201 et seq. as amended. 

        22.   SEVERABILITY.
The provisions of this Agreement are severable. The invalidity of any provision shall not affect the validity of any other provision. 

        23.   WAIVER.
No waiver of any of the provisions of this Agreement shall be deemed, or shall constitute, a waiver of any other provision, whether or not similar, nor shall and
waiver constitute a continuing waive. No waiver shall be binding unless executed in writing by the party making the waiver. 

        24.   NOTICES.
All notices required or permitted to be given hereunder shall be in writing and shall be deemed effective when personally delivered or, if mailed, five
(5) days after being deposited in 

6

 

the
U.S. Mail, postage prepaid, registered or certified, return receipt requested, or one (1) business day after being deposited with a nationally recognized overnight courier. Unless changed
by written notice given to a party by the other, such notices shall be given to VitaCube at the following address; 

VitaCube
Systems, Inc.

480 South Holly Street, Suite 3

Denver, Colorado 80246

Attention: Sanford D. Greenberg 

and
such notices shall be given to PPN at the following address: 

Peak
Performance Nutrition, Ltd.

237 Tramway Drive, Suite B

Lake Tahoe, Nevada 89449-6957 

        IN
WITNESS WHEREOF, parties hereto have executed this Agreement as of the day and year first written above. 

	

VitaCube Systems, Inc.	
 	

Peak Performance Nutrition, Ltd.
	

By:	
 	

/s/  SANFORD D. GREENBERG      
	
 	

By:	
 	

/s/  L.J. WHEELER      
 L.J. Wheeler, CEO
	Its:	 	CEO
	 	 	 	
 EIN
	

 	
 	

 	
 	

 	
 	

April 1, 2004
 Date

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