Document:

coxdistributing_ex1009.htm

     

    
      Exhibit
10.9

       

      CONSULTING
AGREEMENT

       

      This
Consulting Agreement (“Agreement”) is made as of this 27th day of
June, 2008 by and between Stephen E. Cox (“Client”), and Capital Once Resource
Co., Ltd., a Brunei company (“Consultant”).  Client and Consultant may
collectively be referred to as the “Parties”.

       

      W
I T N E S S E T H:

       

      WHEREAS,
Client desires to engage the services of Consultant to provide Client with the
services as more fully set forth in this Agreement; and

       

      WHEREAS,
Consultant is desirous of performing such services on behalf of
Client.

       

      NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained in
this Agreement, the parties hereto agree as follows:

       

      1.  Consulting
Services.  Upon the terms and subject to the conditions
contained in this Agreement, Consultant hereby agrees that it shall, during the
term of this Agreement, undertake the performance of the following services (the
“Services”):

       

      
        	
                 
      

              	
                a.

              	
                Familiarize
      itself, to the extent appropriate and feasible, with the business,
      operations, properties, financial condition, management and prospects of
      Cox Distributing, Inc. (“Cox
Distributing”);

              

      

       

      
        	
                 
      

              	
                b.

              	
                Identify,
      evaluate, structure and provide advice in connection with potential
      mergers and acquisitions, divestitures, spin-offs, joint ventures and
      other corporate transactions and in particular the possible acquisition of
      Armco & Metawise (H.K.) Limited, a Hong Kong company (“Armco”) by Cox
      Distributing (the “Armco Acquisition”);
and

              

      

       

      
        	
                 
      

              	
                c.

              	
                Provide
      such other services upon which the Parties may mutually
    agree.

              

      

       

      2. Term. This Agreement
shall terminate upon the earlier of the closing of the Armco Acquisition or 60
days after the date hereof.

       

      3. Consulting Fees.
Client shall pay Consultant for providing the Services by transferring to
Consultant 496,000 shares of Cox Distributing’s Common Stock, $0.001 par value
(the “Shares”) upon the signing of this Agreement by the Parties (the
“Consulting Fees”).  The Consulting Fees shall be deemed fully earned
by Consultant upon the closing of the Armco Acquisition.

       

      4.  Warranties.  Consultant
warrants that the Services to be provided under this Agreement shall be
performed by qualified personnel in a professional manner employing reasonable
commercial efforts.  This warranty shall be valid for a period of
thirty (30) days from the performance of the Services.  Except as
specifically provided in this Section 4, Consultant disclaims any and all other
warranties with respect to the services provided hereunder, including without
limitation any implied warranty of merchantability or fitness for a particular
purpose. Consultant does not warrant the results of any services. In addition,
Client acknowledges and agrees that Consultant is not engaged in the practice of
law or the provision of legal services, and that Client alone is completely and
independently responsible for compliance with all state, federal and
international laws applicable to Client and the operation of its
business.  Consultant’s entire liability to Client (or any other
person or entity) for any loss or damages resulting from any breach of this
Agreement, claims, demands or actions arising out of or relating to the
Services, whether in contract, tort (including negligence) or otherwise, shall
not exceed the sum of $5,000.  In no event will Consultant or its
affiliates be liable for any damages caused by the Client's action or inaction,
or for any indirect, incidental, consequential, special, punitive or exemplary
damages or lost profits, including, but not limited to, damages for loss of
business profits, business interruption, loss of business information, data,
goodwill or other pecuniary loss arising from Consultant’s failure to provide
the Services even if Consultant has been advised of the possibility of such
damages.

       

      
        
           

        

        
          -1-

          
            

          

        

        
           

        

      

      5. Indemnification.  Client
agrees to indemnify and hold the Consultant and its subsidiaries and their
respective officers, directors, employees and agents and (collectively, the
“Consultant Indemnitees”) harmless from all Consultant Indemnified
Liabilities.  For this purpose, “Consultant Indemnified Liabilities”
shall mean all suits, proceedings, claims, expenses, losses, costs, liabilities,
judgments, deficiencies, assessments, actions, investigations, penalties, fines,
settlements, interest and damages (including reasonable attorneys’ fees and
expenses), whether suit is instituted or not and, if instituted, whether at any
trial or appellate level, and whether raised by the parties hereto or a third
party, incurred or suffered by the Consultant Indemnitees or any of them arising
from, in connection with or as a result of Consultant’s performance of the
Services set forth in this Agreement.

       

      6. Termination. Either
Party may terminate this Agreement upon thirty (30) days prior written notice to
the other Party, but such termination shall not affect the Consulting Fees paid
by Client to Consultant pursuant to Section 3 of this Agreement.  All
Consulting Fees provided under this Agreement are deemed fully earned by
Consultant upon the earlier of: (a) the date provided for elsewhere in this
Agreement; or (b) the date of termination.  In the event of a
termination of this Agreement, Client shall not be entitled to any refund of any
Consulting Fees paid to Consultant under this Agreement. From and after
termination of this Agreement, the Parties shall continue to be bound by such
provisions of this Agreement as by their nature survive such events, including,
without limitation, Sections 5 and 11.

       

      7.  Assignment and
Subcontractors. This Agreement shall be assignable by Consultant. Client
acknowledges that from time to time, Consultant may enlist a subcontractor to
perform some of the Services provided to Customer. In the event services to be
performed as outlined in this Agreement are subcontracted to a third party, the
third party shall accept responsibility for the performance of such activities.
Consultant will cease to bear any responsibility related to the performance of
subcontracted services; however the Consultant will act as liaison between the
subcontractor and Client, to monitor the performance of services to be provided
by any third party.

       

      8.  Modifications.  This
Agreement can only be modified by a written agreement duly signed by persons
authorized to sign agreements on behalf of Client and Consultant, and variance
from or addition to the terms and conditions of this Agreement or other written
notification will be of no effect.  The failure of any Party to
enforce any right it is granted herein, or to require the performance by the
other Party hereto of any provision of this Agreement, or the waiver by any
Party of any breach of this Agreement, shall not prevent a subsequent exercise
or enforcement of such provisions or be deemed a waiver of any subsequent breach
of this Agreement.

       

      
        
           

        

        
          -2-

          
            

          

        

        
           

        

      

      9.  Entire
Understanding.  This Agreement represents the entire
understanding and agreement between the Parties with respect to the subject
matter hereof, and merges all prior discussions between them and supersedes and
replaces any and every other agreement or understanding which may have existed
between the Parties to the extent that any such agreement or understanding
relates to providing services to Client. To the extent, if any, that the terms
and conditions of Client’s orders or other correspondence are inconsistent with
this Agreement, this Agreement shall control.

       

      10.  Force
Majeure.  No delay, failure or default in performance of any
obligation by either Party, excepting all obligations to make payments
hereunder, shall constitute a breach of this Agreement to the extent caused by,
in whole or in part, the other Party (and within the other party’s reasonable
control) or an act of God, war, civil disturbance, terrorist act, court order,
labor dispute, or other cause beyond its reasonable control, and such
nonperformance will not be a default under this Agreement.

       

      11.  Laws, Severability, Venue,
Waivers.  The validity of this Agreement and the rights,
obligations and relations of the Parties hereunder shall be construed and
determined under and in accordance with the laws of the State of Florida,
without regard to conflicts of law principles thereunder provided, however, that
if any provision of this Agreement is determined by a court of competent
jurisdiction to be in violation of any applicable law or otherwise invalid or
unenforceable, such provision shall to such extent as it shall be determined to
be illegal, invalid or unenforceable under such law be deemed null and void, but
this Agreement shall otherwise remain in full force.  Suit to enforce
any provision of this Agreement, or any right, remedy or other matter arising
therefrom, will be brought exclusively in the state or federal courts located in
Broward County, Florida.  Client agrees and consents to venue in
Broward County, Florida and to the in personam jurisdiction of these courts and
hereby irrevocably waives any right to a trial by jury.

       

      12.  Counterparts. This
Agreement may be executed in any number of counterparts, each of which when so
executed, shall constitute an original copy hereof, but all of which together
shall consider but one and the same document.

       

      13.  Other Activities.
Nothing contained herein shall prevent Consultant from acquiring or
participating in a transaction of any kind with any other entity proposed by
Consultant to be acquired by Client. Such transaction may be acquired at a price
and upon terms and conditions more or less favorable than those offered to
Client.

       

      14.  Disclaimer.
Consultant acknowledges that it has and will during the term of this Agreement,
rely upon information provided by Client in connection with the performance of
the Services and in accepting the Client’s securities as full or partial payment
of the Consulting Fees under this Agreement.

       

      
        
           

        

        
          -3-

          
            

          

        

        
           

        

      

      15.  Notices. All notices
to be given hereunder shall be in writing, with fax notices being an acceptable
substitute for mail and/or and delivery to:

       

      
        	 	
                Consultant:

              	
                Client:

                 

              
	 	
                Capital
      Once Resource Co., Ltd.

                431
      Fairway Drive

                Deerfield
      Beach, Florida 33441

                Fax:
      (954) 363-7320

                Attn.
      General Counsel

              	
                Stephen
      E. Cox

                105
      Pearl

                Cokeville,
      Wyoming 83114

                Fax:
      _______________________

              

      

      

      IN
WITNESS WHEREOF, the parties have executed this Agreement on the date first
above written.

       

      
        	
                Client:

                 

                 

                 

                /s/ Stephen E.
      Cox

                Stephen
      E. Cox

              	
                Consultant:

                 

                Capital
      Onc Resource Co., Ltd.

                 

                By:
      /s/ Xiaowen
      Zhuang

                Name:
      Xiaowen Zhuang

                Title:
      General Manager

              

      

      

       

      -4-coxdistributing_ex1010.htm

    Exhibit
10.10

     

    SERVICES
AGREEMENT

     

    THIS
SERVICES AGREEMENT (the "Agreement") is made and entered into as of June 27,
2008 (the "Effective Date") by and between Stephen D. Cox Supply ("Mr. Cox") and
Cox Distributing, Inc., a Nevada corporation ("Cox Distributing").

     

    BACKGROUND

     

    Mr. Cox and Cox Distributing wish to
establish an "arms length" agreement for the provision of services to be
provided to Cox Distributing by Mr. Cox.

     

    Cox Distributing is in the business of
distributing organic fertilizer products in eastern Idaho (the “Fertilizer
Distribution Business”).

     

    Cox Distributing has requested Mr. Cox
to provide certain services related to the operation of the Fertilizer
Distribution Business and Mr. Cox desires to provide such services to Cox
Distributing during the Term (as defined hereinafter).

     

    NOW, THEREFORE, in consideration of the
foregoing and the mutual covenants contained in this Agreement and for other
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound hereby, the parties hereto agree
as follows:

     

    1.    Services.   During
the term of this Agreement, Mr. Cox shall be entitled to the use of Cox
Distributing's present facilities, equipment, information systems and files in
order for Mr. Cox to provide the following services as it relates to the
Fertilizer Distribution Business (the “Services”):

     

    a.    Payroll.   All
necessary payroll services, including the preparation and filing of Form W-2 for
each employee of the Fertilizer Distribution Business.  Cox
Distributing shall establish a bank account with funds sufficient to make
payments for all amounts paid out to the employees of the Fertilizer
Distribution Business pursuant to this Section 1(a) and such account shall be
funded by Cox Distributing from the revenues generated by the Fertilizer
Distribution Business.   Mr. Cox shall make all information
relating to the payment of such employee payroll available to Cox Distributing
upon reasonable request therefore.

     

    b.  Accounting
Services.   Mr. Cox agrees to provide Cox Distributing
with accounting and financial assistance in closing the Fertilizer Distribution
Business's books consistent with the fiscal close periods and procedures
established by Cox Distributing.   Mr. Cox shall also assist Cox
Distributing in maintaining financial statements for the Fertilizer Distribution
Business, including preparation by Mr. Cox of balance sheets, profit and loss
statements and a general ledger, preparing tax returns and whatever additional
accounting and financial services as may reasonably be requested by Cox
Distributing relating to the Fertilizer Distribution Business.

     

    c.  Sales and Customer
Service.  Mr. Cox shall provide all sales and customer service
support for the Fertilizer Distribution Business including, without limitation,
obtaining orders for sales and marketing of products offered by Cox Distributing
and the supply of such products in connection with the operation of the
Fertilizer Distribution Business answering customer inquiries, referring return
information and requests to the appropriate personnel and such other functions
as may be reasonably requested by Cox Distributing.

     

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

    d.  Collection of Accounts
Receivable.  Mr. Cox shall collect accounts receivable of Cox
Distributing in a commercially reasonable manner.  Mr. Cox shall pay
over to Cox Distributing all such Accounts Receivable as specified in Section 1
(e) hereof.  Mr. Cox will make available to Cox Distributing reports
setting forth the amount of Accounts Receivable collected, the persons from whom
such Accounts Receivable have been collected and, if specified by the payor, the
invoice number and date to which such Accounts Receivable are to be
applied.  Mr. Cox further agrees to make all information relating to
the collection of the Accounts Receivable available to Cox Distributing upon
reasonable request therefore.

     

    e.  Collection
Procedures.  Mr. Cox will collect all payments on invoices
rendered by Cox Distributing.  Mr. Cox shall post all funds received
to the corresponding invoice and make any appropriate deduction or adjustment in
accordance with the procedures set forth by Cox Distributing.  Mr. Cox
shall remit to Cox Distributing all cash collected on invoices, to the extent
they are Accounts Receivable of the Fertilizer Distribution
Business.

     

    f.  Payment of Trade
Payables.  Mr. Cox shall fund bank accounts from the revenues
of the Fertilizer Distribution Business the proceeds of which shall be used for
the payment of Cox Distributing's obligations relative to the Fertilizer
Distribution Business such as payroll checks and checks for payment of accounts
payable.

     

    g.  Email.  Mr.
Cox acknowledges and agrees that he shall be obligated to maintain at his own
cost and expense, an email system relative to the operation of the Fertilizer
Distribution Business.

     

    h.  Computer
Systems.  Mr. Cox acknowledges and agrees that he will maintain
and operate the computer and information systems currently being utilized by Cox
Distributing for sales and inventory reporting and tracking, accounts receivable
and general ledger accounting (the “Computer Systems”).  Cox
Distributing shall be permitted access to and use of the Computer Systems in
order to permit Cox Distributing and/or Mr. Cox on behalf of Cox Distributing to
close Cox Distributing's books, to record sales transactions, collect accounts
receivables, process customer orders, process purchase orders, maintain
inventory and to maintain Cox Distributing's general ledger.

     

    i.  Data and Communication
Services.  Mr. Cox shall provide all communication services,
including, but not limited to, maintenance of the data communication lines and
system, telephone system and other like services required for the Fertilizer
Distribution Business.

     

    j.  Employee
Benefits.  Mr. Cox will be responsible for the administration
of all existing health and welfare benefit plans offered to Cox Distributing
employees, if any.

     

    2.  Payments.  In
addition to any specific reimbursement or other obligation of Cox Distributing
set forth herein, during the term hereof, Cox Distributing shall pay to Mr. Cox
an amount equal to all net revenues of the Fertilizer Distribution Business
after payment of all expenses associated with the operation of such business
including a reserve for payment of future expenses related to the operation of
the business.

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    3.  Term.  Mr.
Cox understands and acknowledges that the term of this Agreement is (i) on an
“at-will” basis, (ii) is for an unspecified duration, and (iii) may be
terminated at any time, with or without cause, and with or without notice, at
Cox Distributing’s option.  In the event of the termination or
expiration of this Agreement, the following provisions shall apply:

     

    a.   Mr.
Cox shall cease performing Services and shall submit an invoice for any amounts
which may be due Mr. Cox under this Agreement as of the date of termination if
there are any funds available from Fertilizer Distribution Business’ operations;
and

     

    b.   Mr.
Cox shall deliver to Cox Distributing all information related to the operation
of Fertilizer Distribution Business in Mr. Cox’s possession or under Mr. Cox’s
control.

     

    4.  Miscellaneous.

     

    a.  Assignment.  Neither
party shall assign any of its rights or delegate any of its obligations under
this Agreement, without the express prior written consent of the other
party.

     

    b.  Amendments.  This
Agreement may be amended, modified, or superseded, and any of the terms hereof
may be waived, only by written instrument executed by the parties hereto or in
the case of a waiver, by the party waiving compliance.  The failure of
any party at any time to require performance of any provision hereof shall in no
manner affect the right at a later time to enforce the same.  No
waiver by any party of any term continued in this Agreement shall be deemed or
construed as a further or continuing waiver of any such breach in any subsequent
instance or a waiver of any such breach in any subsequent instance or a waiver
of any breach of any other terms contained in this Agreement.

     

    c.  Independent
Contractors.   In performing the Services, nothing in this
Agreement shall be construed to create the relationship of employer-employee,
principal-agent or master-servant, either expressed or implied. Further, the
relationship between the Parties is that of contract, Mr. Cox being an
independent contractor, free from interference or control by Cox Distributing in
the performance of the services set forth herein, subject only to the terms of
this Agreement. Neither Cox Distributing nor Mr. Cox has the authority to bind
or incur any obligation for the other, and each agrees that Mr. Cox will not
hold itself out to any third party as having, or act toward any third party in
any manner which would suggest that they have, any such authority.

     

    d.  Ownership of
Information.  Mr. Cox and Cox Distributing agree that all
files, computer programs, tapes, records, materials, data, papers, reports, and
other information relating to the services which were obtained as a result of
its performance of its obligations under this Agreement are vested in and owned
by Cox Distributing.  Mr. Cox agrees to return to Cox Distributing all
such property owned by Cox Distributing and which is in Mr. Cox’s possession
upon termination of this Agreement or at any earlier time immediately upon the
request of Cox Distributing.  This clause will survive the termination
of this Agreement.

     

    e.  Headings.  Headings
in this Agreement are for convenience only and shall not be deemed to have any
substantive effect.

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    f.  Counterparts.  This
Agreement may be executed on separate counterparts, each of which will be deemed
an original, which counterparts may be delivered to the other party hereto by
facsimile transmission, and all of which taken together will constitute one and
the same instrument.

     

    f.  Severability.  If
any term, covenant, condition or provision of this Agreement is held by a court
of competent jurisdiction to be invalid, void or unenforceable, the remainder of
the provisions hereof shall remain in full force and effect and shall in no way
be affected, impaired or invalidated thereby.

     

    g.  Governing
Law.  This Agreement shall be governed by, and construed and
interpreted in accordance with the laws of the State of Florida, without regard
to choice of law principles thereof.

     

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

     

    Stephen D. Cox

     

    By:
­­­­­­­­­­­­­­­/s/
Stephen D. Cox

     

    Name:  Stephen
D. Cox

     

    Cox Distributing, Inc.

     

    By: ­­­­­­­­­­­­­­­/s/
Stephen D. Cox

     

    Name:  Stephen
D. Cox

     

    Title:
Chief Executive Officer

     

    

    -4-

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