Document:

exh10-8.htm

Exhibit 10.8

Memorandum

Date:           February 1, 2011

To:              Lynn Davison

       291 Fawn Drive

       San Anselmo, CA 94960

From:           Michael Hinshaw

Re:              Offer of Employment

Dear Lynn;

It is with great pleasure that I make this offer of employment. I have outlined the specific terms of the offer as follows, which should closely resemble what we discussed in our meeting on this subject in late December. Deviations, if any, are a mistake, Please let me know if so, and I'll amend, Should this be acceptable to you, please sign and return a copy as designated at the end of this document.

POSITION

While "titles" are by their nature imprecise indicators of actual work done in a small business like this, you would fulfill the role of Vice President. At the same time, you'll be "in the trenches" helping to manage projects, workflow and information, partnering in business development, and leading efforts to define, refine and support MCorp's ultimate go-to-market strategy,

COMPENSATION

Salary: This is for a full time position, and you will be paid a monthly salary of $11,000.00, which is equivalent to $132,000 on an annualized basis. This salary is payable in accordance with MCorp's standard payroll policies on the 15th and last day of each month and is subject to normal required withholdings, Due to your responsibilities and duties you are an exempt employee, and will not receive overtime pay.

Paid Time Off: You will be given nine full days and two half days of paid holidays per year. You will be paid for all qualifying holidays beginning the first day of your employment (February 7, 2011). At that same time, you will start accruing vacation time at the rate of two weeks per year, and at three weeks per year starting the second year of employment.

Retirement and Bonus: Though MCorp does not currently have a 401K plan in effect, it is our goal to implement one at some point soon, Likewise, though we do not have a formal bonus incentive plan in place, we plan to taking steps to implement a system for rewarding employees in some structured way. Currently, from time to time, MCorp management may elect to distribute bonuses.

Bonuses are granted to employees when, in the judgment of management, the company has enjoyed an exceptional year or specific employees have rendered exceptional service above and beyond the compensation of their salary and incentives.

Stock Options: Stock options of 300,000 shares will granted, with the vesting schedule beginning on your first day of employment. The price per share will equal a discount of 30% from the last per-share placement price of .50 cents, or .35 cents per share. If a placement is made at a lower amount prior to your options vesting, the exercise price of these options will be rest to that lower amount.

The optioned shares will vest over 3 years, at the rate of 20 percent (one-fifth) the total number of optioned shares vesting every 6 months beginning at the end of your first year of employment. Acceptance of this Offer of Employment indicates that you have read and agree to the terms of MCorp's approved Stock Option Plan, dated for reference January 25th, 2008.

  

  

  

 

Health Insurance: MCorp has a group Health Insurance Plan, which you will have the ability to participate in. While MCorp will cover insurance for you as an individual up to $500 per month, you will have the option of adding your family to this plan at your cost.

TERM

At-Will Employment: You will be an employee-at-will, meaning that you are not employed at MCorp for any specified length of time. You and MCorp both have the option of terminating employment at any time, with or without cause, and with or without notice.

Start Date: Your employment will commence on February 7, 2011.

Duration: This offer letter will become effective as of the date it is executed, and will remain effective, binding both parties until such time as it is replaced or amended in writing by both parties.

IN CLOSING

On behalf of MCorp, I am pleased to extend this offer, and look forward to working with

you for many years to come!

Your signature below indicates your acceptance of this offer.

Thanks, Lynn.

Michael Hinshaw

I have read and agree to the terms and conditions as outlined in this letter.

Lynn Davison

02/07/11

  

  

  

 

SCHEDULE A

The Innes Group, Inc.

SHARE OPTION PLAN

As adopted by the Board, January 25, 2008

OPTION COMMITMENT

Notice is hereby given that, effective this 7 day of February, 2011 (the "Effective Date") The Innes Group, Inc. (the "Company") has granted to Lynn Davison, an Option to acquire 300,000 Common Shares ("Optioned Shares") up to 5:00 p.m. Pacific time on the 7th day February, 2021 (the "Expiry Date") at a Exercise Price of US $0.35 per share.

If any offering of Common Shares subsequent to the date of this grant is made for an amount less than the Exercise Price of US $0.35 per share, then the Exercise Price of these Options will be reset to that lower amount. [n this event, no action on the part of the Optionee is required to reset the price of these Options.

Optioned Shares may be acquired as follows:

	
1.  

	
1/5 of the total number of Optioned Shares granted will vest 12 months after the Effective Date;

 

	
2.  

	
a further 1/5 of the total number of Optioned Shares will vest eighteen months after the Effective Date,

 

	
3.  

	
another 1/5 of the total number of Optioned Shares will vest two years after the Effective Date,

 

	
4.  

	
another 1/5 of the total number of Optioned Shares will vest thirty months after the Effective Date,

 

	
5.  

	
the remaining 1/5 of the total number of Optioned Shares granted will vest three years after the Effective Date.

 

The grant of the Option evidenced hereby is made subject to the terms and conditions of the Company's Share Option Plan, the terms and conditions of which are hereby incorporated in this Option Commitment.

To exercise your Option deliver to the Company at its then principal business office, a written notice specifying the number of Optioned Shares you wish to acquire, together with cash or a certified cheque payable to the Company for the aggregate Exercise Price. A certificate for the Optioned Shares so acquired will be issued by the transfer agent as soon as practicable.

The Innes Group, Inc.

President

I hereby acknowledge receipt of a copy of the Plan and agree to be bound by the terms of Plan.

This commitment supersedes any prior Option or commitment made to me.

OPTIONEE

Lynn Davison

291 Fawn Drive

San Anselmo, CA 94960exh10-9.htm

Exhibit 10.9

SERVICES AGREEMENT

This Services Agreement (“Agreement”), effective as of the date accepted (“Effective Date”) is between Touchpoint Metrics, Inc., dba MCorp Consulting (A California corporation), located at 201 Spear Street, Suite 1100, San Francisco, California 94105  (“the Company”), and mfifty a sole proprietorship located at 524 San Anselmo Ave, #147 San Anselmo, CA 94960 (“Client”).

The Company and Client agree to the following terms and conditions:

General Terms and Conditions

	
a.        

	
Services: During the term of the Agreement, the Company agrees to provide services to Client which Client may authorize by the execution of a Statement of Work (“SOW”) as described in this Agreement.

	
b.        

	
Term:  This Agreement will commence on the Effective Date and remain in full force until terminated as provided for herein.

	
c.        

	
Statements of Work:  Each SOW shall be issued in accordance with the terms of this Agreement, and will contain, where appropriate, the project name, description, budget estimates, payment schedules, billing rates, and provisions for out-of-pocket expenses. All SOWs or other forms of written authorization shall be subject to the terms and conditions set forth in this Agreement. In the event any conditions contained in an SOW conflict with any terms, conditions, or clauses in this Agreement, or there is an ambiguity between the SOW and this Agreement, then the provisions of this Agreement shall govern, unless clearly and specifically stated otherwise in the SOW.

	
d.        

	
Timelines: Time is of the essence in completing SOWs on time and on budget. Client acknowledges that delays on its part may adversely affect schedules and costs.

	
e.        

	
Approvals: Authorized approval sources for Client are as set forth in each SOW. Client shall review and approve all materials in writing. Client’s approval by any tangible medium (e.g. email) will be considered final approval. Once approved, any changes will be subject to revisions as articulated in Section “h” of this Agreement

	
f.        

	
Responsibility as to Style and Content: Client is responsible for the truth, accuracy, and legality of all content provided to the Company. Client shall indemnify, hold harmless, and defend the Company against any and all damages, liabilities, expenses (including attorney’s fees), resulting from any claims, actions, or suits made by a third party as a result of: (a) claims, representations, statements or depictions in materials prepared or submitted by Client (“Client Materials”); (b) defects in the Client’s products or services; (c) allegations that copyright, trademark, patent or other rights of a third party have been infringed or violated by the Company as a result of the Company’s use of Client Materials. In any event, the Company shall cease all use of, and return to Client, all Client Materials immediately upon written request by Client for any reason.  Any indemnification obligations of Client set forth in this Agreement shall be subject to the following conditions: (i) the Company shall notify Client in writing promptly upon learning of any claim or suit for which indemnification is sought; (ii) Client shall have control of the defense or settlement; and (iii) the Company shall reasonably cooperate with the defense, at Client's expense.

  

  

  

 

	
g.        

	
Responsibility as to Overall Relationship: Subject to Section (l) of this Agreement, Client is responsible for providing access to internal resources and records as required to fulfill the terms of this Agreement and each SOW, as well as timely and accurate responses to all communications from the Company. The Company is responsible for meeting defined timelines and budgets, and for fulfilling the expectations of Client as defined in this Agreement and approved elements of each SOW.

	
h.        

	
Revisions: Any and all changes requested to Approved Materials or an SOW are subject to an Estimate Addendum (“EA”) to the related SOW. EA note requested changes, estimate their cost, and must be mutually agreed in writing by the Company and Client in order to continue. Through an approved EA, Client will authorize revisions and any additional services to each SOW in advance of any costs being accrued. Services required to complete any additional work beyond the scope of each SOW will be based on the Company’s then current fee schedules, or as specifically stated otherwise in the SOW.

	
i.         

	
Sales Tax: Sales tax will be billed as applicable under California State law.

	
j.         

	
Termination: Either party may terminate this Agreement by providing written notice to the other party in the event that the other party has failed to cure a material breach within fifteen (15) days after written notice of such breach by the non-breaching party. In the event of termination of this Agreement, the Company will invoice and be paid for all outstanding fees. All out-of-pocket costs will be billed to the Client, due and payable on receipt.

	
k.        

	
Ownership: Upon final payment of all fees incurred under this Agreement, The Company grants the Client full internal use of final deliverables, strategic plans, research findings, report data and recommendations. All deliverables, including but not limited to draft plans, survey instruments, planning methodologies, processes, verbiage (e.g. plan copy), interface design or code (e.g. online survey instruments, source code), and other materials or processes developed or previously owned by the Company and used in the creation of any plans or materials, remain the sole property of The Company. All Company property is protected under applicable federal copyright and trademark laws. The Company may also use Client’s name and reference non-confidential work products resulting from this Agreement for the purposes of promotion.

	
l.         

	
Confidentiality: For purposes of this Agreement, “Confidential Information” means information that a party desires to protect against disclosure, which is designated as confidential in writing at the time of disclosure or which, by its context, should reasonably be understood to be confidential. Both Parties to this Agreement acknowledge that Confidential Information includes, but is not limited to, business plans, trade secrets, customer information, methodology and processes, etc., and that Confidential Information may be exchanged by the parties. Therefore, both parties hereby agree to hold all Confidential Information received from the other party in strict confidence, and will strictly control all access to and distribution of any Confidential Information of the other party.

 

Specifically, and without limiting the generality of the foregoing, the Company shall not, without the Client's express written permission, reveal or otherwise make available to any person or persons any Confidential Information regarding the Client's products,

mfifty Services Agreement

  

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businesses, customers or methods of operation learned by The Company during the term of this Agreement.

By the same token, Client will not reveal or otherwise make available to any person, persons or entity any confidential, privileged information or trade secrets regarding the Company’s methodologies, products, systems or methods of operation (including but not limited to Customer Experience Mapping, Loyalty Mapping®, Brand Mapping and Touchpoint Mapping®) learned by Client during the term of this contract. The provisions of this section will survive termination of this Agreement for a period of ten (10) years.

The foregoing prohibition on disclosure of Confidential Information shall not apply to the extent certain Confidential Information is required to be disclosed by the receiving party as a matter of law or by order of a court, provided that the receiving party uses reasonable efforts to provide the disclosing party with prior notice of such obligation to disclose and reasonably assists in obtaining a protective order therefore.

	
m.       

	
Governing Law/Jurisdiction: This agreement, in its validity, construction and performance, shall be governed in all respects by the laws of the county of San Francisco, state of California, United States of America.

	
n.        

	
Modification: This writing contains the entire agreement of the parties. No representations, understandings or prior agreements were made or relied on by either party, other than those expressly set forth. No agent, employee, or other representative of either party is empowered to alter any of the terms hereof.  Any alteration or modification of this Agreement shall be effective only if completed in writing and signed by an approved signatory of both parties.

	
o.        

	
Warranty:  The Company warrants that (i) it has the right to provide the services hereunder, (ii) in providing the services and any deliverables, The Company has not improperly used or misappropriated patent, copyright, trademark, trade secret or other proprietary rights of any third party, (iii) the deliverables will meet the descriptions and requirements set forth in the SOW, and (iv) The Company will perform the services in a good and workmanlike manner.

	
p.        

	
Insurance:  The Company shall maintain, at its own expense, sufficient insurance to cover its performance of services hereunder, including but not limited to, workers’ compensation insurance when required by law.

	
q.        

	
Counterpart:  This Agreement may be executed in counterparts by the parties and shall become effective when all parties hereunder have executed the Agreement.  Signatures may originally be transmitted by facsimile or email.

	
r.        

	
Miscellaneous:  The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision, the remaining provisions being deemed to continue in full force and effect.  Any notice to a party required or permitted hereunder shall be sufficiently given only when provided in writing, and either personally delivered or sent via certified or registered mail or recognized overnight delivery service to the party's address indicated herein.  A failure by either party to enfore any right under this Agreement shall not at any time constitute a waiver of such right or any other right, and shall not modify the rights or obligations of either party under this Agreement.

mfifty Services Agreement

  

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IN WITNESS WHEREOF, the above parties have set their hands and seal this 2nd day of March, 2012.

	
For the Company

	  	
Accepted for Client

	  	  	  
	  	  	  
	  	  	  
	  	  	
MICHAEL HINSHAW

	
Signature

	  	
Signature

	  	  	  
	
Lynn Davison

	  	
Michael Hinshaw

	
Vice President

	  	  
	  	  	  
	  	  	  
	
LYNN DAVISON

	  	
3.2.12

	  	  	
Date

mfifty Services Agreement

  

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