Document:

ex103.htm

SERVICES AGREEMENT

THIS SERVICES AGREEMENT (this "Agreement"), dated as of the ____day of          , 2015, between Epoxy, Inc., a Nevada corporation (the "Company"), and Wheat Creative, LLC ("Consultant"), a Nevada limited liability company.

WITNESSETH:

WHEREAS, Company desires to retain Consultant to provide certain services, and Consultant desires to be engaged by Company to provide such services on the terms and subject to the conditions set forth herein; and

NOW, THEREFORE, in consideration of the mutual undertakings contained herein, the parties agree as follows:

 

Consulting Arrangement. The Company hereby engages Consultant as an independent contractor and not as an employee, to redesign Company’s mobile app for both iOS and Android as hereinafter provided and Consultant hereby accepts such engagement for a period commencing on execution of this Agreement and ending upon the completion and delivery of the app for both iOS and Android. Consultant agrees that Consultant will not have any authority to bind or act on behalf of the Company. Consultant shall at all times be an independent contractor hereunder, rather than an agent, employee or representative of the Company. The Company hereby acknowledges and agrees that Consultant may engage directly or indirectly in other businesses and ventures and shall not be required to perform any services under this Agreement when, or for such periods in which, the rendering of such services shall unduly interfere with such other businesses and ventures, providing that such undertakings do not completely preempt Consultant's availability during the term of this Agreement. Neither Consultant nor his employees will be considered by reason of the provisions of this Agreement or otherwise as being an employee of the Company or as being entitled to participate in any health insurance, medical, pension, bonus or similar employee benefit plans sponsored by the Company for its employees.

Services to be Rendered by Consultant

1. Subject to the terms and conditions of this Agreement, the Company hereby engages the Consultant, and Consultant hereby accepts the engagement, to redesign Company’s mobile app for both iOS and Android.

Consideration

1. In consideration of performing the herein defined services, shall be 200,000 common shares of Epoxy, Inc.   Such shares shall be restricted shares and contain a restrictive legend.     Consultant understands that the lifting of the restrictive legend may require a legal opinion.   Such shares shall be fully paid for upon delivery of the completion and delivery of the redesign Company’s mobile app for both iOS and Android.

Duties of Company

1.   Company shall not enter into any binding commitments, obligations or agreements which relate directly to Consultant without prior notice and opportunity to review given to Consultant.

2. Company shall promptly furnish to Consultant upon request any requested information, written or oral, concerning the business and affairs of the Company reasonably related to services to be rendered by Consultant hereunder.

3.   Company shall promptly comply with all reasonable requests of Consultant under this Agreement.

4.   Time is of the essence for Company in this provision concerning Company's Duties.

  

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General Provisions

1. Successors and Assigns. This Agreement is binding upon and inures to the benefit of the Company and its affiliates, successors and assigns and is binding upon and inures to the benefit of Consultant and his successors and assigns; provided that in no event shall Consultant's obligations to perform the Services be delegated or transferred by Consultant without the prior written consent of the Company.

2. Term. This Agreement shall commence on the date hereof and, unless sooner terminated in accordance with the provisions hereof, shall expire on the date set forth above.  However, the Agreement may be extended by mutual written consent.

3. Termination. Either the Company or Consultant may terminate this Agreement for material breach upon at least thirty (30) days prior written notice specifying the nature of the breach, if such breach has not been substantially cured within the thirty (30) day period. Upon termination by Company, all shares and compensation previously paid shall

be retained by Consultant.

4. Contractor Relationship. Consultant and the Company are independent contractors and nothing contained in this Agreement shall be construed to place them in the relationship of partners, principal and agent, employer/employee or joint ventures. Neither party shall have the power or right to bind or obligate the other party, nor shall it hold itself out as having such authority.

5. Indemnification. Company shall indemnify and hold harmless the Consultant from and against any and all losses, damages, liabilities, reasonable attorney's fees, court costs and expenses resulting or arising from any third-party claims, actions, proceedings, investigations, or litigation relating to or arising from or in connection with this Agreement, or any act or omission by Company.

6. Notice. For the purpose of this Agreement, notices and all other communications provided for herein shall be in writing and shall be deemed to have been duly given (i) when delivered, if personally delivered, (ii) when sent by facsimile transmission, when receipt therefore has been duly received, or (iii) when mailed by United States registered mail, return receipt requested, postage prepaid, or by recognized overnight courier, addressed set forth in the preamble to this Agreement or to such other address as any party may have furnished to the other in any writing in accordance herewith, except that notices of change of address shall be effective only upon receipt.

7. Miscellaneous. No provisions of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by authorized officers of each party. No waiver by either party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time.

No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not set forth expressly

in this Agreement. The validity, interpretation, construction and performance of this Agreement shall be governed by the internal laws of the State of Nevada.  Any controversy arising under or in relation to this Agreement shall be settled by binding arbitration in Las Vegas, Nevada, in accordance with the laws of the State of Nevada and the rules of the American Arbitration Association.

8. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument.

9. Severability. If in any jurisdiction, any provision of this Agreement or its application to any party or circumstance is restricted, prohibited or unenforceable, such provision shall, as to such jurisdiction, be ineffective only to the extent of such restriction, prohibition or unenforceability, without invalidating the remaining provisions hereof and without affecting the validity or enforceability of such provision in any other jurisdiction or its application to other parties or circumstances. In addition, if any one or more of the provisions contained in this Agreement shall for any reason in any jurisdiction be held to be excessively broad as to time, duration, geographical scope, activity or subject, it shall be construed, by limiting and reduction it, so as to be enforceable to the extent compatible with the applicable law of such jurisdiction as it shall then appear.

IN WITNESS WHEREOF, this Consulting Agreement has been executed by the Company and Consultant as of the date first written above.

Wheat Creative, LLC

Signature:  _______________________________

                  Justin Baloun, Manager

Epoxy, Inc.

Signature:  _______________________________

       Dave Gasparine, President

  

2form8k_exh101-021715.htm

February 11 , 2015

Mark Reitzes

Dear Mark:

This letter will serve as an Agreement for you to be employed by Cheviot Savings Bank, an Ohio-chartered stock savings and loan association (“Bank”) as Interim President and Chief Executive Officer.  Please sign at the conclusion of this Agreement to confirm your acceptance as to the terms and conditions of your employment by the Bank.

You shall be responsible for overall management of the Bank and shall be responsible for establishing the business objectives, policies and strategic plan for the Bank, in conjunction with the Board.  During this interim period, you should concentrate on ROA, ROE, loan growth, core deposit growth and efficiency ratios.  You are also responsible for a revised budget for 2015 and developing a budget for 2016.  You shall directly report to the Board of Directors.

Your annual salary will be $250,000.00 to be paid in accordance with the Bank’s normal payroll schedule. You are eligible for an award of 4054 RRP shares which vest on regular 20% annual vesting schedule.  The Bank will provide you with employee benefit plans substantially equivalent to those that other Bank employees receive including but not limited to, retirement plans, pension plans, profit-sharing plans, health and accident insurance plans, medical coverage or any other employee benefit plan or arrangement made available by the Bank.

In the event of a Change of Control followed thereafter by either your termination by the Bank or your resignation as a result the Bank materially altering your job title or responsibilities, you will receive two years’ base salary and your RRP shares will vest at 100%.  “Change of Control” is defined as a change in ownership of the Bank of more than 50% of the total fair market value or total voting power of the Bank or the Company; change in effective control in which any person or a group acquires within a 12 month period ownership of stock of the Bank or Company possessing 35% or more of the total voting power or a majority of the Bank’s or the Company’s Board of Directors is replaced during any 12 month period by Directors whose appointment or election is not endorsed in advance by a majority of the Bank’s or Company’s Board of Directors; or a change in ownership of a substantial portion of assets which is when a group acquires  more than 40% of the total gross fair market value of the Bank’s or Company’s entire assets.

 

  

  

  

Your employment is at-will and can be terminated by you or the Board of Directors at any time and for any reason.  As an employee of the Bank, you will be expected to abide by the same policies and procedures and Employee Handbook of the Bank as are all employees of the Bank. This letter does not serve as employment for any specific length of time but is merely to set forth your responsibilities and benefits.

Sincerely,

Board of Directors

Cheviot Savings Bank

HAVE SEEN AND AGREED

\s\ Mark T. Reitzes                                                                

Mark Reitzes

Date: February 11, 2015                                                                

Cheviot Savings Bank:

By:\s\ Robert L. Thomas                                                                

Printed Name and title: Robert L. Thomas, Chairman of the Board 

Date: February 11, 2015

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