Document:

Consulting Agreement with Robert Weidenbaum

 Exhibit 10.25 
  
 CONSULTING AGREEMENT 
  
 This Consulting Agreement (“Agreement”) is made and entered into this 16th day of August, 2004 by and between American Business Corporation, a
publicly owned Colorado corporation having an address at 477 Madison Avenue, 12th Floor, New York, New York 10022 (hereinafter the “Company”) and Robert Weidenbaum, an individual having his principal office address at 1300 Coral Way, Suite
310 Miami, Florida 33145 (hereinafter the “Consultant”). The Company and the Consultant are collectively referred to as the “Parties”. 
  
 W I T N E S S E T H: 
  
 WHEREAS, the Company desires to engage the Consultant in providing services related to the Company’s proposed reorganization as a business
development company (“BDC”) and recapitalization and restructuring of the Company, including but not limited to locating and contacting creditors and shareholders of the Company and assisting the Company in developing and completing its
application as a BDC (the “Services”). 
  
 NOW
THEREFORE, in consideration of the terms, representations, promises and covenants hereinafter set forth, and mutual benefits to be derived herefrom, the existence, receipt and adequacy of which are hereby acknowledged and accepted, the Parties
agree as follows: 
  
 1. TERM. Company hereby retains the
Consultant to perform the Services and the Consultant hereby agrees to perform the Services, as the Company may request during regular business hours for a term of six (6) months. If so requested, the Consultant will submit written reports to the
Company’s CEO and Board of Directors. The Company agrees to reimburse the Consultant for pre-authorized expenses. 
  
 2. CONSIDERATION. For services rendered pursuant to this Agreement, Consultant shall receive One Million Five Hundred Thousand (1,500,000) shares of the
Company’s common stock, $.001 par value per share, previously registered with the Securities and Exchange Commission on Form S-8 on July 26, 2004. 
  
 3. CONFIDENTIAL INFORMATION. 
  
 (a) It is hereby agreed that each of the Parties possesses confidential and proprietary information (hereafter “Confidential Information”)
including intellectual property and “know-how” that is a valuable asset and that each of the Parties would not disclose any such information to the other Party without the plenary protection of this Confidential Information. As a condition
to the disclosure by the Parties of Confidential Information, the Parties agree that they will disseminate such Confidential Information only to those who can demonstrate a clear and convincing need to know such information. The Parties further
agree that it they will use such Confidential Information solely for the purpose of this Agreement. Confidential Information includes, but is not limited to: (i) business and financing and plans; (ii) and the identity of clients/customers, 

  

 
suppliers; creditors, shareholders and consultants; (iii) data, and analysis, regarding the Company’s existing investees, prospective investees and its
strategies for entering and competing in the business development marketplace. Confidential Information does not include: information which is: (i) generally available to the public; (ii) information already in the possession of the Receiving Party
(as defined below); (iii) information received from a third party which is not known by the Receiving Party; and (iv) information that can be documented as having been independently developed by the Receiving Party or its affiliates prior to any
disclosure by the Disclosing Party. 
  
 (b) The Parties agree not
to disclose any Confidential Information exchanged under the terms of this Agreement to any third-party without the prior written consent of the other Party during the term of this Agreement. In addition, the Parties agree not to use the
Confidential Information received under the terms of this Agreement for any purpose other than the request for or the performance of the Services. If a Party receiving Confidential Information (in such capacity, a “Receiving Party”) is
required to disclose Confidential Information by court order, or pursuant to applicable law, regulation or self-regulatory organization rules, the Receiving Party shall promptly notify the Party that provided such Confidential Information (in such
capacity, the “Disclosing Party”) to allow it an opportunity to obtain a protective order or other form of protection against disclosure. In the event that such protective order or other form of protection is not obtained, the Receiving
Party will (i) furnish only that portion of the Confidential Information which, in the opinion of its counsel, is required to be disclosed pursuant to such court order, law, regulation or self-regulatory organization rules and (ii) exercise
reasonable efforts (if so requested by the Disclosing Party and at the Disclosing Party’s sole expense) to obtain, to the extent practicable, an order or other reliable assurance that confidential treatment will be accorded to the Confidential
Information it is required to disclose. 
  
 4. MISCELLANEOUS.

  
 (a) This Agreement will be interpreted in accordance with the
laws of the State of Florida, including all matters of construction, validity, performance and enforcement, without giving effect to any principles of conflict of laws. 
  
 (b) The Parties agree that in the event of a controversy arising out of the interpretation, construction, performance or
breach of the Agreement, any and all claims arising out of or relating to this Agreement shall be settled by arbitration according to the Commercial Arbitration Rules of the American Arbitration Association located in the City of New York before a
single arbitrator. In resolving all disputes between the Parties, the arbitrator will apply the law of the State of Florida. The arbitrator is, by this Agreement, directed to conduct the arbitration hearing no later than three (3) months from the
service of the statement of claim and demand for arbitration unless good cause is shown establishing that the hearing cannot fairly and practically be so convened. The arbitrator will resolve any discovery disputes by such pre-hearing conferences as
may be needed. The Parties hereby agree and consent that the arbitrator and any counsel of record to the proceeding will have the power of subpoena process as provided by law. 
  

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 (c) This Agreement may be executed in counterparts and received by facsimile, each of which shall be an
original but all of which shall be constituted one and the same instrument. 
  
 (d) Whenever the context requires, all words used in the singular shall be construed to have been used in the plural and vice versa and each gender will include any other gender. The captions of the paragraphs of this
Agreement are for convenience only and shall not affect the construction or interpretation of any such of the provisions herein. 
  
 (e) Unless expressly set forth otherwise, herein, all cross-references herein will refer to provisions within this Agreement, and will not be deemed to be
references to any other agreement or documents. 
  
 (f) No
provision of this Agreement or the documents referred to herein may be altered, amended, canceled, revoked or otherwise modified, and no addition to this Agreement may be made, unless in writing signed by each of the Parties. There can be no waiver
of any provision of this Agreement by any Party nor can any Party waiver the right of the other Party to enforce strict compliance with the provisions hereof. 
  

(g) Each provision of this Agreement is intended to be severable and if any term or provision herein is determined invalid or unenforceable for any
reason, such illegality or invalidity will not affect the validity of the remainder of this Agreement and whenever possible, intent will be given to the invalid or unenforceable provision. 
  
 IN WITNESS WHEREOF, this Agreement is entered into by the Parties as
of the date set forth above. 
  

			
	 AMERICAN BUSINESS CORPORATION

		
	By:	 	 
	 	 	 Anthony R. Russo, President, CEO

		
	 	 	 
	 	 	 ROBERT WEIDENBAUM        

  

 3Rescission and Release Agreement with Y2 Ultra-Filter, Inc.

 Exhibit 10.26 
  
 This Rescission and Release Agreement is made and entered into this 25th day of October, 2004, by and among American Business
Corporation f/k/a Logistics Management Resources, Inc., a publicly owned Colorado corporation with offices at 477 Madison Avenue, 12th Floor, New York, NY 10022 (“AMBC”), Y2 Ultra-Filter, Inc., a Wyoming corporation with offices at 1735 Sheridan Ave, Suite 222, Cody, Wyoming 82414 (“Y2”), Midwest Merger Management, LLC, a Kentucky
limited liability company with offices at 10602 Timberwood Circle, #9, Louisville, Kentucky 40223 (“MMM”), and The Huff Grandchildren Trust, a trust organized under the laws of the State of Kentucky with offices at 10602 Timberwood Circle,
#9, Louisville, Kentucky 40223 (the “Trust”). AMBC, Y2, MMM and the Trust are sometimes hereinafter individually referred to as a “Party” and collectively as the “Parties”. 
  
 W I T N E S S E T H: 
  
 WHEREAS, AMBC and Y2 are parties to a Purchase and Contribution Agreement dated as of
April 28, 2004 (the “P and C Agreement”); and 
  
 WHEREAS, AMBC,
Y2, MMM and the Trust are parties to Amendment No. 1 to the P and C Agreement dated as of June 30, 2004 changing the same to a License and Joint Venture Agreement and materially modifying the terms and conditions of the P and C Agreement (the
“Amendment”); and 
  
 WHEREAS, the Parties have concluded that it
is in their respective best interests to rescind the P and C Agreement and the Amendment and to return the Parties to the position they were in prior to April 28, 2004; and 
  
 WHEREAS, for convenience, the capitalized terms used herein shall have the same meaning as in the Amendment. 
  
 NOW, THEREFORE, for Ten ($10) Dollars and other good and valuable consideration, the
receipt and sufficiency of which are each hereby acknowledged, the Parties agree as follows: 
  
 ARTICLE I 
 RESCISSION 
  
 1.1 Rescission of the P and C Agreement and the Amendment. The Parties hereby rescind the P and C Agreement and the Amendment
nunc pro tunc to the dates thereof in accordance with the provisions of the laws of the states of Colorado, Wyoming, New York and Kentucky. 
  
 1.2 Return of Shares. Simultaneously with the execution of this Agreement, Y2 shall return to AMBC a certificate or certificates representing an aggregate of
Twenty-Seven Million (27,000,000) shares of AMBC’s common stock, $.001 par value per share that comprised the Initial Share Consideration for the Amendment. All certificates shall either be endorsed in blank with Medallion signature guaranteed
or accompanied by a stock and bond power endorsed in blank with Medallion signature guaranteed; and shall be accompanied by a resolution of the Board of Directors of Y2 authorizing the return and cancellation thereof. 

 1.3 Cancellation of Options. Y2 hereby agrees and consents to the cancellation of: (i) the 66 month First Option
to purchase Nineteen Million and Eight (19,000,008) shares of AMBC’s common stock, $.001 par value per share at an exercise price of $.10 per share; (ii) the 66 month Second Option to purchase an additional Twenty Million (20,000,000) shares of
AMBC’s common stock, $.001 par value per share at a price equal to the average closing price of AMBC’s common stock in the OTC Bulletin Board Market for the last three trading days of the applicable calendar quarter immediately prior to
their issuance; and (iii) the call option MMM granted to Y2 to call a number of shares of AMBC’s common stock equal to fifty percent (50%) of the number of issued and outstanding common stock equivalents of AMBC’s preferred stock, $.001
par value per share, held by MMM, the Trust or any affiliate of either, at a price to be determined by an appraiser located within the State of Kentucky within sixty (60) days of the notice of Y2’s call. The foregoing are hereinafter
collectively referred to as the “Options”. 
  
 1.4 Release of
Interest in the Joint Venture. Y2 hereby acknowledges that in furtherance of the terms of the Amendment AMBC and/or MMM caused the due formation of Delaware limited liability company under the name A.I.R. Filters, LLC. Accordingly, and
simultaneously with the execution of this Agreement, Y2 hereby releases any claim of right, title or interest in or to the LLC. 
  
 1.5 Release of Interest in the Rights. AMBC, MMM and the Trust hereby release any claim of right, title or interest in or to the Rights to market, distribute and
sell the Licensed Products into the Market utilizing the Patents and know how comprising the Technology. 
  
 ARTICLE II 
 MUTUAL AND FINAL RELEASES 
  
 2.1 Release of Y2 by AMBC, MMM and the Trust. For and in consideration of the above
and foregoing premises and the mutual covenants, promises and agreements contained herein, AMBC, MMM and the Trust hereby jointly and severally release, acquit and forever discharge Y2, as well as Y2’s officers, directors, shareholders,
affiliates, successors and assigns, if any, from and against any and all actions, causes of action, suits, claims, demands, rights, controversies, debts, agreements, damages, costs, expenses, liabilities and compensation whatsoever which they now
have or may hereafter have arising out of or relating to the P and C Agreement and the Amendment. 
  
 2.2 Release of AMBC, MMM and the Trust by Y2. For and in consideration of the above and foregoing premises and the mutual covenants, promises and agreements contained herein, Y2 hereby releases, acquits and
forever discharges AMBC, MMM and the Trust as well as their respective officers, directors, managers, members, beneficiaries and trustees from and against any and all actions, causes of action, suits, claims, demands, rights, controversies, debts,
agreements, damages, costs, expenses, liabilities and compensation whatsoever which they now have or may hereafter have arising out of or relating to the P and C Agreement and the Amendment. 
  

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 2.3 Final Settlement. The Parties each hereby jointly and severally acknowledge, understand and agree that they
are aware that they or their attorneys may hereafter discover facts different from or in addition to the facts which they now know or believe to be true, but that it is their intention to fully, finally, absolutely and forever settle any and all
claims, disputes and differences which now exist, may exist or may have existed between them and arising out of or relating to the P and C Agreement and the Amendment, and that in furtherance of such intention, the general and other releases given
herein shall be and remain in effect as full and complete releases, notwithstanding any mistake of fact or the discovery of any different or additional facts. 
  

ARTICLE III 
 REPRESENTATIONS,
WARRANTIES AND COVENANTS 
  
 3.1 Representations and Warranties of Y2.
Y2I hereby represents and warrants to MMM, AMBC and the Trust as follows: (i) All necessary action has been taken to make this Agreement a legal, valid and binding obligation of Y2, and this Agreement is enforceable in accordance with its terms and
conditions; and (ii) The execution and delivery of this Agreement and the performance by Y2 of its obligations hereunder will not result in any material breach or violation of or material default under any material agreement, indenture, lease,
license, mortgage, instrument, or understanding, nor result in any violation of any law, rule, regulation, statute, order or decree of any kind to which Y2 is a party. 
  
 3.2 Representations and Warranties of MMM, AMBC and the Trust. MMM, AMBC and the Trust hereby jointly and severally represent and
warrant to Y2 as follows: (i) All necessary action has been taken to make this Agreement a legal, valid and binding obligation of MMM, AMBC and the Trust, and this Agreement is enforceable in accordance with its terms and conditions; and (ii) The
execution and delivery of this Agreement and the performance by MMM, AMBC and the Trust of their respective obligations hereunder will not result in any material breach or violation of or material default under any material agreement, indenture,
lease, license, mortgage, instrument, or understanding, nor result in any violation of any law, rule, regulation, statute, order or decree of any kind to which either MMM, AMBC and the Trust are a party. 
  
 ARTICLE IV 
 MISCELLANEOUS 
  
 4.1
Entire Agreement; Modification. This Agreement sets forth and constitutes the entire agreement between the Parties hereto with respect to the subject matter hereof, and supersedes any and all prior agreements, understandings, promises, and
representations made by any Party to any other concerning the subject matter hereof and/or the terms applicable hereto. This Agreement may not be released, discharged, amended or modified in any manner except by an instrument in writing signed by
duly authorized representatives of the Parties hereto. 
  

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 4.2 Severability. The invalidity or unenforceability of one or more provisions of this Agreement shall not affect
the validity or enforceability of any of the other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or unenforceable provisions are omitted. 
  
 4.3 Governing Law. This Agreement shall be deemed to have been made in and shall be governed by and interpreted under and construed
in all respects in accordance with the laws of the State of New York, irrespective of the place of domicile or residence of any Party. All Parties agree to venue in the City of New York, County of New York, State of New York, and agree to submit any
disagreements hereunder to the appropriate court in said city and state. 
  
 4.4
Waivers. The failure of any Party hereto to insist, in any one or more instances, upon the performance of any of the terms, covenants or conditions of this Agreement, or to otherwise exercise any right hereunder, shall not be construed as a
waiver or relinquishment of the future performance of any such term, covenant or condition or the future exercise of such right, but the obligations of the Party with respect to such future performance shall continue in full force and effect.

  
 4.5 Headings. The headings of the articles, sections and paragraphs
used in this Agreement are included for convenience only and are not to be used in construing or interpreting this Agreement. 
  
 4.6 Successor and Assigns. This Agreement, and each and every provision hereof, shall be binding upon and inure to the benefit of the Parties, their respective
successors, successors-in-title, heirs and assigns, and each and every successor-in-interest to any Party, whether such successor acquires such interest by way of gift, purchase, foreclosure, or by any other method, who shall hold such interest
subject to all the terms and conditions of this Agreement. 
  
 4.7 Survival of
Representations. The representations, warranties and agreements of the parties hereto which are contained in this Agreement shall survive the execution hereof, and shall be unaffected by any investigation made by any Party at any time.

  
 4.8 Further Assurances. Each Party hereto further agrees that they
shall, either collectively or individually, take such further and additional action as may be reasonable and necessary to carry into full effect the intent of this agreement and to otherwise provide for the fulfillment hereof. 
  
 4.9 Notices. All notices and other communications required or permitted hereunder
shall be delivered personally, sent via facsimile, certified or registered mail, return receipt requested, or next day express mail or courier, postage prepaid with proof of receipt, to the addresses first set forth above, which addresses are true
and correct. Addresses and/or telephone numbers may be changed by notice given in the manner provided herein. Any such notice shall be deemed given (i) when delivered if delivered 

  

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personally, (ii) the day after deposit with the express or courier service when sent by next day express mail or courier, (iii) five (5) days after deposit
with the postal service when sent by certified or registered mail, or (iv) when sent over a facsimile system with answer back response set forth on the sender’s copy of the document; 
  
 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed on the date
first above written. 
  
  

			
	American Business Corporation
		
	By:	 	 /s/ Anthony R. Russo

	 	 	 Anthony R. Russo, President

	
	Y2 Ultra-Filter, Inc.
		
	By:	 	 /s/ Ira Gentry

	 	 	 Ira Gentry, President

	
	Midwest Merger Management, LLC
		
	By:	 	 /s/ Michele Brown

	 	 	 Michele Brown, Manager

	
	The Huff Grandchildren Trust
		
	By:	 	 /s/ W. Anthony Huff

	 	 	 W. Anthony Huff, Trustee

  

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