Document:

ex10-2.htm

Exhibit 10.2

ADMINISTRATIVE SERVICES AGREEMENT

This Administrative Services Agreement (the “Agreement”) is entered March 1, 2010 by and between B Green Innovations, Inc., a New Jersey corporation, with its principal office at 750 Route 34, Matawan, NJ, 07747 (“B Green”), and iVoice, Inc., a New Jersey corporation, with its principal office at 750 Route 34, Matawan, NJ, 07747 (the “Company”).

WHEREAS, B Green and the Company have agreed for B Green to provide the Company certain corporate services;

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

1. Services

1.1 During the term of this Agreement, B Green shall provide the following Services to the Company:

a.           Contract review

b.           Issuing sales orders

c.           Invoicing

d.           Collections

e.           Review inventory records, warehousing reports, etc.

f.           Manage employee records

g.           Process payroll

h.           Manage insurance coverages (health, liability, etc)

i.           Accounts Payable

j.           Accounts Receivable

k.           Expense reimbursement

l.           Vendor payments

m.           Manage cash accounts

n.           Maintain accounting records

o.           Prepare periodic tax filings

	
  

	
p.

	
Manage quarterly review and year-end audit in conjunction with outside auditors

	
  

	
q.

	
Office premises at the headquarters of B Green.

1.2 B Green shall perform the Services in a timely and efficient manner, in accordance with all applicable laws, regulations and ordinances, and shall assign to each of the Services substantially the same priority as assigned to services of like category performed in its own operations.

  

  

  

 

2. Term

2.1 The term of this Agreement shall commence on February 1, 2010 and shall continue on a month to month basis, unless terminated by either party by providing thirty (30) advance written notice to the non-terminating party.

3. Fees

In consideration for the Services, the Company shall pay B Green a monthly fee of Four Thousand Dollars ($4,000) per month.

4. Obligations and Relationship

Both parties to this Agreement shall at all times act as independent contractors and, notwithstanding anything contained herein, the relationship established hereunder between the parties shall not be construed as a partnership, joint venture or other form of joint enterprise.  Except as expressly authorized by a party hereto, no party shall be authorized to make any representations or to create or assume any obligation or liability in respect of or on behalf of the other party, and this Agreement shall not be construed or constituting either party or the agent of the other party.

5. Limited Liability; Indemnification

5.1 B Green shall not be liable to the Company for any loss, claim, expense or damage, including indirect, special, consequential or exemplary damages, for any act or omission performed or omitted by it hereunder so long as its act or omission does not constitute fraud, bad faith or gross negligence.  B Green shall not be liable to the Company for the consequences of any failure or delay in performing any Services if the failure shall be caused by labor disputes, strikes or other events or circumstances beyond its control and it shall have provided prompt notice to the Company of its inability to perform Services and the reason therefor.

5.2 In any action, suit or proceeding (other than an action by or in the right of the Company) to which B Green or any agent or employee of B Green performing Services hereunder (an “Indemnitee”) was or is a party by reason of his or its performance or non-performance of Services, the Company shall indemnify the Indemnitee and hold the Indemnitee harmless from and against expenses, judgments, fines and amounts paid (with the consent of the Company) in settlement actually and reasonably incurred by the Indemnitee in connection therewith if the Indemnitee acted in good faith and provided that the Indemnitee’s conduct does not constitute negligence or misconduct.

6. Confidentiality

Any and all information obtained by B Green in connection with the Services contemplated by this Agreement shall be held in the strictest confidence and not disclosed to any other person without the prior written consent of the Company.

  

  

  

 

7. Notices

All notices or other communications required or permitted to be given pursuant to this Agreement shall be in writing and shall be considered as duly given on:  (a) the date of delivery, if delivered in person against written receipt therefor, or by nationally recognized overnight delivery service or (b) five (5) days after mailing if mailed from within the continental United States by postage pre-paid certified mail, return receipt requested to the party entitled to receive the same:

 

	  	
If to B Green:

	
B Green Innovations, Inc.

	  	  	
750 Route 34

	  	  	
Matawan, NJ  07747

	  	  	
Attention:                      Jerome Mahoney

	  	  	
Telephone: 732-441-7700

	  	  	
Facsimile:  732-441-9895

	  	  	  
	  	
And if to the Company:

	
iVoice, Inc.

	  	  	
750 Route 34

	  	  	
Matawan, NJ  07747

	  	  	
Attention:                      Jerome Mahoney

	  	  	
Telephone: 732-441-7700

	  	  	
Facsimile:  732-441-9895

Any party may change its address by giving notice to the other party stating its new address.  Commencing on the tenth (10th) day after the giving of such notice, such newly designated address shall be such party’s address for the purpose of all notices or other communications required or permitted to be given pursuant to this Agreement.

 

8. Binding Effect

This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties and their respective successors.

9. No Third Party Beneficiaries

This Agreement is solely for the benefit of the parties hereto and shall not confer upon third parties and remedy, claim, cause of action or other right in addition to those existing without reference to this Agreement.

10. Entire Agreement

This Agreement constitutes the entire agreement between the parties with respect to the subject matters covered hereby and supersedes any prior agreement or understanding between the parties with respect to those matters.

 

  

  

  

 

11. Assignment; Amendment; Waiver

This Agreement may not be amended nor may any rights hereunder be waived except by an instrument in writing signed by the party sought to be charged with the amendment or waiver.  The failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered a waiver or deprive that party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement.

12. Governing Law

This Agreement shall be construed in accordance with and governed by the laws of the State of New Jersey, without giving effect to the provisions, policies or principles thereof relating to choice or conflict of laws.

13. Headings

The section and other headings contained in this Agreement are for reference purposes only and shall not affect the meaning or interpretation of this Agreement.

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

IVOICE, INC.

By:                                                  

Jerry Mahoney

President

B GREEN INNOVATIONS, INC.

By:                                                  

Jerome Mahoney

Presidentex10-9.htm

EXHIBIT 10.9

AMENDMENT TO EMPLOYMENT AGREEMENT

 

THIS AMENDMENT amends the EMPLOYMENT AGREEMENT (the “Agreement”) entered into as of the 26th day of December, 2008, by and between International Aerospace Enterprises, Inc. a Nevada corporation (the “Company”) and John Peck, an individual residing at 2050 Russett Way, Carson City, Nevada 89703 (“Peck”).

 

WHEREAS, the Company and Peck entered into the Agreement which provided for the terms of Peck’s employment by the Company as its Chief Executive Officer;

 

WHEREAS, the Company and Peck wish to amend the annual stock compensation section of said Agreement;

 

WHEREAS, the Company desires to continue to employ Peck and Peck desires to continue to be employed by the Company and Pelleg upon revised compensation terms; and

 

NOW, THEREFORE, in consideration of the mutual promises set forth herein, the Company and Peck hereby agree as follows:

 

1.  Section 6(B) of the Agreement is hereby deleted in its entirety and replaced with the following:

 “(B) The Employee will receive 1,000,000 shares of preferred stock that votes on a converted basis with the common stock on a  100:1 basis, which shares shall be redeemable by the Company upon his termination of employment.”

 

 

2.  All other terms of the Agreement shall remain the same.

3.  This Amendment shall be governed by and construed in accordance with the internal laws of the State of Nevada, excluding its conflicts of laws provisions.  Any dispute arising out of or relating to this Agreement shall be decided by binding arbitration by the American Arbitration Association and shall be held in Carson City, Nevada.  The ruling of the arbitrator shall be final and may be enforced by any party to such arbitration in any court of competent jurisdiction located in Carson City, Nevada.

4.  This Amendment is executed in original or faxed counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

  

  

  

 

IN WITNESS WHEREOF, this Amendment was executed on April 15, 2010

	  	  	  	 
	
         

	
International Aerospace Enterprises, Inc.

	 
	  	
 a Nevada corporation

	 
	  	  	  	 
	  	
By:  

	
/s/ Saffet Uslu

	 
	 	 	Saffet Uslu	 
	 	 	President	 
	 	 	 	 
	 	 	 	 
	 	 	/s/ John M. Peck	 
	 	 	
John M. Peck

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