Document:

esse8k9908ex10_7.htm

    
      

    

    EXHIBIT 10.7

     

    1

     

    

      EXHIBIT
B

      

      AGREEMENT
FOR CONSULTING SERVICES

       

       

      THIS CONSULTING AGREEMENT
(“Agreement”) is entered into this 15th day of
August, 2008 by and between Earth Search Sciences, Inc. (ESSI), a Nevada
Corporation having its principal place of business at #6 - 306 Stoner Loop Rd,
Lakeside, MT. 59922 (“Company”) and Larry Vance (“Consultant”) of P.O. Box 763,
Lakeside, MT, 59922

      

      RECITALS

       

      
        	
                ·  

              	
                Consultant
      has created and developed expertise in the exploration for oil shale
      hydrocarbon products and various mineral
groups.

              

      

      
        	
                ·  

              	
                Consultant
      has extensive and intimate knowledge about General Synfuels International,
      Inc., its patent, US Patent #7048051 and the oil shale gasification
      technology associated with it.

              

      

      
        	
                ·  

              	
                Consultant
      is the inventor for the systems and processes in US Patent #7239378, “Platform Based Imaging
      System” based on hyperspectral remote sensing technology. Consultant
      can assist to position ESSI’s new subsidiary exploration companies
      for development roles in natural resource exploration and
      exploitation.

              

      

      
        	
                ·  

              	
                Consultant
      has experience and capability to be a senior Board of Directors executive
      and lead the Technical Advisory Board for the
  Company.

              

      

      

      Company
desires to obtain, and Consultant desires to provide these professional services
under the terms and conditions set forth in this Agreement.

       

      AGREEMENTS

       

      In
consideration of the mutual promises set forth herein, it is agreed by and
between Company and Consultant as follows:

       

      
        	
                1.  

              	
                Scope of
      Services.  Consultant shall, upon Company’s request,
      perform professional  services for Company as specified upon the
      terms and conditions hereinafter set
forth:

              

      

      

      
        	
                ·  

              	
                Advise
      the Company on the direction and strategy for successful mineral and
      hydrocarbon exploration and
exploitation.

              

      

      
        	
                ·  

              	
                Advise
      the Company on the implementation of the oil shale gasification technology
      represented in US Patent #7048051.

              

      

      
        	
                ·  

              	
                Advise
      the Company on the selection and preparation of superior oil shale land
      sites.

              

      

      
        	
                ·  

              	
                Advise
      the Company in the highest and best use of the hyperspectral remote
      sensing technology represented in US Patent
  #7239378.

              

      

      
        	
                ·  

              	
                Act
      in an executive managerial capacity as
required.

              

      

      
        	
                ·  

              	
                Act
      as the chairman of the technical Advisory Board for the
      Company.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      2

       

      2.   Place of
Work.  Consultant may utilize office space and suitable
furnishings at Company’s field office, or work at Consultant’s home
offices.

      

      3.  Time Devoted to
Work.  In the performance of the services, the aforesaid
services and the hours Consultant has to work on any given day shall be entirely
within Consultant's control; but Consultant agrees to put in such number of
hours as is reasonably necessary to fulfill the spirit and purpose of this
Agreement and to be reasonably available for consultation with Company employees
during normal working hours.

       

      4.  Term. Unless sooner
terminated in accordance with the termination provisions set forth in this
Agreement the term of this Agreement shall be for a period of one (1) year
commencing on the date hereof.

       

      5.  Consultant’s
Fee.  As compensation for Consultant’s services pursuant hereto
as outlined in section 1 of this agreement, the Company agrees to as
follows:

      

      a.   A
Consulting fee of $250,000 (two hundred and fifty thousand dollars) payable on
or before December 1st
2008.

      

      b.   Consulting
fee payment to be received in cash or, if elected by ESSI, in ESSI SEC 144
restricted shares equivalent at a forty percent (40%) discount to the average
market trading price of 5 days prior to the emission of payment.

      

      6.  Expenses. Consultant
shall be responsible for all his own expenses except for travel expenses to any
meeting arranged and requested by the Company.

       

      7.  Non-Eligibility.  Consultant
shall not be eligible to become a member of Company's group health, life
insurance, long-term disability, or other employee plans or
benefits.

       

      6.  Duration.  This
Agreement may be terminated at the election of either party by giving written
notice to the other party.  Company shall notify Consultant fourteen
(14) days prior to termination except for termination for causes, i.e., for
nonprofessional conduct or personal misconduct.  Consultant shall
notify Company fourteen (14) days before electing termination.  This
Agreement shall be effective from this date until termination as set forth in
this paragraph or default as per section 10 of this agreement.

       

      7.  Status of
Consultant.  This Agreement calls for the performance of the
services of Consultant as an independent contractor and Consultant shall not be
considered an employee of Company for any purpose.

       

      8.   
Confidentiality of
Technical and Commercial Information.  Consultant shall hold in
confidence all information received from Company or generated by Consultant as
confidential, and shall not divulge the same to third parties or use it in any
way other than for accomplishing the assigned work without Company’s prior
written approval so long as and to the extent that such information is not in
the public domain, or was not in the possession of Consultant prior to receipt
from the Company.  When Consultant discloses the above information to
any third party, Consultant shall obtain in advance appropriate written
nondisclosure agreements from such third parties.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      3

       

      9.    Indemnification  Consultant
specifically agrees by acceptance of this Agreement to hold harmless and
indemnify Company against all loss, liability, damage, and expenses caused by or
connected with Consultant's work such as (but not limited to) Consultant's
liability for Workman's Compensation, comprehensive general liability, bodily
injury, property damage, personal injury and professional
liability.

      

      10.   Default If the
transaction set out in this Agreement does not close due to the Company’s
failure to satisfy its obligations, or due to the Company’s failure to perform
or fulfill any conditions set out in this Agreement, the Consulting fee payment
will be retained by the Consultant.

      

      11.   Taxes.  Consultant
shall be fully and exclusively responsible for payment of any and all taxes,
contributions imposed by law or regulations and/or custom duties incurred in
connection with the services hereunder.

       

      12.   Notices.  All
notices required or permitted under this Agreement shall be given to the
following address or address subsequently specified in writing:

       

      
        	
                To
      Earth Search Sciences, Inc.

              	
                Attention:  Luis
      Lugo

              
	 
      	
                #6
      – 306 Stoner Loop Rd

              
	 
      	
                Lakeside,
      MT.,  59922

              
	 
      	 
      
	
                To
      CONSULTANT

              	
                Larry
      Vance

              
	 
      	
                C/o
      P.O. Box 763

                Lakeside,
      MT, 59922

              
	 
      	 
      

      

       

      13.   Applicable
Laws:  This Agreement shall be interpreted under the laws of
the   State of Nevada.

       

      14.   Counterparts: This
Agreement may be executed in separate counterparts and via facsimile, each of
which is deemed to be an original and all of which taken together constitute one
and the same agreement.

       

      15.   Entire
Agreement:  This Agreement constitutes and embodies the full
and complete understanding and agreement of the parties hereto with respect to
the subject matter hereof and supersedes all prior understandings whether oral
or in writing and may not be modified except by writing signed by the parties
hereto.

       

      IN
WITNESS WHEREOF, the parties have executed this Agreement at Lakeside MT, on the
day and year first above written.

      

      
      

       

      
        	 Consultant:
      Larry Vance	 Company: Earth
      Search Sciences, Inc.
	
                 

                 

                /S/ LARRY
      VANCE

              	
                 

                 

                /S/ LUIS F.
      LUGO

              
	 	 per Luis F.
      Lugo, CEOText marked by [ * * *] has been omitted pursuant to a Request for Confidential
Treatment and was filed separately with the Securities and Exchange Commission.

                            KOBRA INTERNATIONAL, LTD.
                               D/B/A NICOLE MILLER
                               525 SEVENTH AVENUE
                               NEW YORK, NY 10018
                                  212-655-7712

                                  July 7, 2008

Signature Eyewear, Inc.
498 North Oak Street
Inglewood, Ca 90302
Attn: Michael Prince, Chief Executive Officer

RE: RENEWAL AND AMENDMENT OF TRADEMARK LICENSE AGREEMENT BY AND BETWEEN KOBRA
    INTERNATIONAL, LTD. AND SIGNATURE EYEWEAR, INC. DATED OCTOBER 12, 2005

Dear Mr. Prince:

     This will confirm our agreement to renew the above-referenced Trademark
License Agreement (the "Agreement"), subject to certain amended terms and
conditions set forth in this amendment. Capitalized terms used in this amendment
that are not defined in this amendment shall have the meanings ascribed to them
in the Agreement.

EXTENSION OF TERM
-----------------

     We agree that the Agreement shall be renewed for an additional three (3)
year period commencing April 1, 2009 and ending on March 31, 2012 (the "Renewal
Period").

AMENDMENT OF SECTION 5.2
------------------------

     Section 5.2 -- Guaranteed Minimum Royalties is amended by providing for the
following Guaranteed Minimum Royalties for the Renewal Period as follows:

                                               Guaranteed Minimum
                 Sales Period(s)                   Royalties
                ----------------                ----------------
                4/1/09 - 3/31/10                     $[***],
                4/1/10 - 3/31/11                     $[***],
                4/1/11 - 3/31/12                     $[***],

                                        1
<PAGE>

READY READERS
-------------

            Schedule 2 of the Agreement is hereby amended to add "Ready
Readers," as the term is commonly understood in the industry, as a category of
Licensed Products.

            The Agreement is hereby amended by inserting the following Section
4.1.1:

                  4.1.1 Ready Readers Program. Licensee shall exploit the
            License in the Territory by developing, distributing and selling
            Licensed Products in Label Level #2 in the product category "Ready
            Readers." Net Sales of Ready Readers shall be counted as Net Sales
            in determining Minimum Sales Volume and shall count toward
            Guaranteed Minimum Royalties.

            Section 5.1 of the Agreement is amended by providing that the
royalty rate for Net Sales of Ready Readers shall be [***]% from July 1, 2008
through and including September 30, 2009. Thereafter, the royalty rate on Net
Sales of Ready Readers after September 30, 2009 shall be the royalty rate in
Section 5.1 for Distribution Level #2 ([***]%).

MISCELLANEOUS
-------------

            This amendment shall be effective as of the date set forth above
upon execution by Licensor and Licensee. Except for the above specific
amendments, the Agreement shall otherwise remain unmodified and in full force
and effect.

            Licensor and Licensee reconfirm that their mutual obligation to
maintain as strictly confidential and not to disclose publicly or to any third
party the royalty rate, Minimum Sales Volume requirements, the Guaranteed
Minimum Royalties requirements and the minimum advertising expenditure
requirements under the Agreement except: (i) to the extent the party reasonably
believes is required by law or legal process and (i) to third parties under
legal or contractual confidentiality obligations to the disclosing party, such
as (but without limitation) attorneys, auditors, consultants, lenders, investors
and acquirors, and potential lenders, investors and acquirors, and investment
bankers and brokers assisting in a financing or sale of the company.

            This amendment may be executed in one or more counterparts, each of
which shall be deemed to be an original, but all of which together shall
constitute one and the same instrument. Facsimile or scanned signatures shall be
deemed as original.

Agreed and accepted:

KOBRA INTERNATIONAL, LTD.            SIGNATURE EYEWEAR, INC.

By: /s/ B. Brand Kunheim             By: /s/ Michael Prince
    ----------------------               ------------------------
    B. Brand Kunheim                     Michael Prince, Chief Executive Officer

                                        2

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