Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Banyan Corp. - Exhibit 10.37

Charles Fussell, Esq.
Adam House
7-10 Adam
Street
London, England WC2 6AA
charles fussell.com

  December 5, 2007

Mr. Cory Gelmon, President and Chief Financial
Officer
Banyan Corporation
Suite 207, 5005 Elbow Drive S.W.
Calgary,
Alberta, Canada T2S 2T6

Re: Legal Service Agreement

Dear Mr. Gelmon:

     You have asked me to provide
legal consulting services to Banyan Corporation (“your” or the “Company“) in
connection with certain litigation matters, in particular, the case pending
against Atlantic Law in the United Kingdom. To avoid misunderstandings, I have
prepared this summary of our agreement for your approval.

     You agree to pay hourly fees for
legal consulting services rendered at my prevailing rate per hour expended on
your behalf. Upon signing of this agreement, a fee of 25,000,000 shares of the
your Common Stock, no par value (the “Shares”), having an anticipated resale
price of $.001 per share, shall become due and payable. This fee includes a
reasonable retainer for services to be rendered. The Company shall file promptly
a Registration Statement on Form S-8 with the United States Securities Exchange
Commission to cover the resale of the Shares to the public. Promptly after the
effective date of said registration statement, the Shares will be delivered
without restrictive legend as designated. The Company will bear the costs of the
registration and issuance of the Shares.

     From time to time, the Shares
and/or the proceeds from the sale of the Shares shall be applied from trust to
the balance due for professional fees and disbursements, including the balance
due for professional fees and disbursements incurred prior to the date hereof.
To the extent the Shares and the proceeds from the Shares exceed the balance due
for professional fees and disbursements, such excess shall be held in trust for
the benefit of the Company. To the extent the Shares and the proceeds from the
Shares do not exceed the balance due for professional fees and disbursements the
difference shall remain outstanding.

     You also agree to pay for
disbursements. Disbursements include, among other things, delivery and
airfreight charges, postage, photocopying costs, court costs, computer research
time, long distance telephone charges, and other costs and expenses 

Mr. Coryl Gelmon
Banyan Corporation
December 5,
2007

  Page 2

advanced on your behalf. In some instances, costs may be billed
directly to you or requested in advance and not advanced by me.

     I will render periodic statements
reflecting the balance due for professional fees and disbursements, the proceeds
from the sale of the Shares, and the balance due, if any. The balance due shall
be payable upon receipt of the statement. Unpaid balances hereunder shall bear
interest at the rate of 12% per annum simple interest.

     I agree to use my best efforts to
perform all services required in connection with my engagement in a
professional, competent and timely manner. You acknowledge that such performance
depends, in part, upon the prompt receipt of documentation, information,
authorizations and instructions from you, your prompt review and execution of
documents, and your cooperation in general.

     You may terminate my engagement
at any time for any reason. I may terminate the engagement by notifying you in
writing if you fail to pay as agreed or do not cooperate with me or for any
other just reason. In the event of termination of this agreement, I will
promptly remit a statement indicating the then current balance due or remit the
credit balance (Shares or cash), if any, in your account.

     The terms of this agreement are
effective from the date I first rendered services to Banyan.

     I appreciate your confidence and
look forward to working with you. If the foregoing correctly sets forth our
understanding, please sign and return the enclosed copy of this letter.

		Very truly yours, 
	 	 
		Charles Fussell, Esq. 
	 	 
	Agreed to and accepted this 5th day of December
      2007. 	 
	 	 
		BANYAN CORPORATION 
	 	 
		Cory Gelmon, President and Chief
      Financial 
		          OfficerEXHIBIT 10.3

 

FORM OF

 

ORLEANS
HOMEBUILDERS, INC. 

RESTRICTED
STOCK AWARD AGREEMENT

 

THIS AWARD
(the “Award”) is hereby granted as of                                 
(the “Grant Date”) by Orleans Homebuilders, Inc., a Delaware corporation
(the “Company”), to                                   
(the “Grantee”) in recognition of the Grantee’s contributions to the Company
during his employment to-date and in connection with the terms of the Grantee’s
employment or service with the Company. By signing this Award Agreement, the
Grantee acknowledges that the Grantee’s rights under this Award Agreement are
subject to and limited by the terms of the Company’s Stock Award Plan (as
adopted by the Company’s Board of Directors, effective as of October 1,
2003, and referred to herein as the “Plan”) and herein. Capitalized terms used
herein shall have the same meanings given to such terms in the Plan, except to
the extent otherwise clearly required by their context.

 

W I T N E S S E T H:

 

1.                           Award. The Company hereby
grants to the Grantee,                                       
shares of Common Stock, for no purchase price, as a restricted stock award (the
“Award Shares”), subject to the terms and conditions set forth in the Plan and
in this Award Agreement. All questions of interpretation and application of
this Award and Award Agreement shall be determined by the Committee. The
Committee’s determinations shall be final, binding and conclusive. The Award
shall be effective upon the execution by each of the Company and the Grantee of
this Award Agreement.

 

2.                           Vesting. The unvested Award
Shares granted pursuant to this Award are subject to certain forfeiture
conditions, as set forth in Appendix A attached hereto. The terms of such
forfeiture conditions and the manner in which such conditions lapse are all as
set forth in Appendix A. Until such time as these forfeiture conditions lapse,
Grantee shall have no right to sell or otherwise dispose of the unvested Award
Shares to which such forfeiture conditions still apply.

 

3.                           Share Certificates. A share certificate
representing the Award Shares subject to this Award shall be registered in the
Grantee’s name. The Grantee shall, contingent upon compliance with the terms of
this Award, have all of the rights of a shareholder with respect to the Award
Shares covered hereby; subject, however, to any terms, conditions or
limitations as may be imposed under the terms of this Agreement or pursuant to
the Plan. The Grantee shall have the right to vote the Award Shares and to
receive all dividends and other distributions paid or made with respect
thereto, whether or not such Award Shares have vested at any such time. The
share certificate for the Award Shares may be legended to the effect that the
Award Shares evidenced by such certificate are subject to forfeiture and
conveyance to the Company in accordance with the terms applicable to such
Shares under this Award Agreement and as otherwise provided for under the Plan,
and that the Award Shares may not be sold or otherwise transferred. A certificate

 

 

or certificates without such a legend shall, at
the request of the Grantee, be provided from time to time with respect to those
Award Shares as to which the forfeiture conditions have lapsed.

 

4.                           Transfer of Shares. The unvested Award
Shares shall not be transferable and shall be subject to the conditions of
forfeiture referenced above until such time as those forfeiture conditions
lapse, at which time the Award Shares shall be free of all restrictions except
such restrictions as may be imposed by law or as may be otherwise established
by agreement between the Grantee and the Company. Grantee has been advised and
understands that (a) the Company is under no obligation to register the
resale of the Award Shares under the Act or to take any action which would make
available to the Grantee any exemption from such resale registration, (b) the
Award Shares may not be transferred without (i) compliance with all
applicable federal and state securities laws (including, without limitation,
registration under federal or state securities laws or the receipt of an
opinion of counsel satisfactory to the Company that an appropriate exemption
from registration is available) and (ii) the consent or approval of any
governmental regulatory body whose consent or approval is necessary in
connection with the transfer of the Award Shares, and an appropriate legend
referring to the foregoing restrictions on transfer may be endorsed on the
certificates.

 

5.                           Amendment. Subject to the
provisions of the Plan, the Committee shall have the right to amend this Award
Agreement, subject to the Grantee’s consent if such amendment adversely affects
the Grantee.

 

6.                           No Commitment to Retain. Nothing herein contained shall affect the right
of the Company or any Affiliate to terminate the Grantee’s employment,
services, responsibilities, duties, or authority to represent the Company or
any Affiliate at any time for any reason whatsoever. Notwithstanding this
provision, nothing herein contained shall alter any written employment
agreement between the Company and Grantee, as it is now exists, or as it may be
amended from time to time.

 

IN WITNESS WHEREOF, the Company
and the Grantee have entered into this Award Agreement on the day and year
first above written.

 

	
   

  	
  ORLEANS
  HOMEBUILDERS, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
	
   

  	
   

  
	
   

  	
  ACKNOWLEDGED:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  
						

 

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