Document:

Unassociated Document

Exhibit 10.1

	
IRWIN MEYER

 

CONSULTING AGREEMENT

 

THIS AGREEMENT is made and entered into this day of March 7, 2014, between IRWIN MEYER, located at PO BOX 7253, THOUSAND OAKS, CA 91359, (hereinafter referred to as “MEYER”) and CLICKSTREAM CORPORATION (hereinafter referred to as the “Company”).

 

WITNESSETH:

 

WHEREAS, MEYER is a financial consultant who has experience in mergers and acquisitions, financing public companies, investor and public relations, development of companies’ business plans, facilitating key introductions, introducing sources of capital, and in providing specialized financial consulting services to companies; and

 

WHEREAS, the Company, its owners and/or Principals, subsidiaries, affiliates, directors and representatives, collectively referred to as the Company, desires to have MEYER provide business advisory services; and

 

WHEREAS, the Company has determined that the “financial consulting” engagement described herein is not in contravention of any existing agreements; and

 

WHEREAS, MEYER has access to the necessary resources to undertake the tasks contemplated in this Agreement; and

 

WHEREAS, MEYER is willing to accept the Company as a client.

 

NOW THEREFORE, in consideration of the mutual covenants herein contained, it is agreed:

 

	
1.

	
ENGAGEMENT: The Company hereby engages MEYER to perform financial consulting services described in Section 2 of this Agreement, but subject to the further provisions of this Agreement.

 

	
2.

	
CONSULTING SERVICES: MEYER’S duties shall consist of the following:

 

	
  

	
A.

	
Facilitate and assist in managing a merger between the Company and a Public Target and advise on its 24 month public relations and investor relations campaigns.

 

	
  

	
B.

	
Reviewing presentation materials prepared by the Company, and making recommendations on same regarding packaging and presentation.

 

	
  

	
C.

	
Introducing the Company to selected financing sources and strategic partners and assist in negotiating any potential transactions.

 

	
  

	
D.

	
Assist in developing concepts for new products using the Company’s technology platforms

 

  

 

  

 

	
3.

	
TIME OF PERFORMANCE: Services to be performed under this Agreement shall commence upon execution of this Agreement, and shall continue for a period of twenty four (24) months.

 

	
4.

	
COMPENSATION TO BE PAID BY THE COMPANY: The Company agrees to pay a fee to MEYER for the services described herein. Said fees are payable, as follows:

 

	
  

	
A.

	
An engagement payment of a monthly fee of $5,000, payable on the first of each month, in advance

 

	
  

	
B.

	
Company shall pay all reasonable travel costs and expenses incurred by MEYER in carrying out its duties and obligations pursuant to the provisions of this Agreement, including but not limited to transportation, lodging and food expenses, when such travel is conducted on behalf of the Company, provided all cost and expense items in excess of five hundred dollars ($500.00) must be approved by the Company in writing prior to MEYER’s incurrence of the same.

 

	
5.

	
LIMITATION OF MEYER LIABILITY: If MEYER fails to perform its services hereunder, its entire liability to the Company shall not exceed the lesser of (a) the amount of cash compensation MEYER has received from the Company under Section 4 of this Agreement or (b) the actual damage to the Company as a result of such non-performance. IN NO EVENT WILL MEYER BE LIABLE FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES NOR FOR ANY CLAIM AGAINST THE COMPANY BY ANY PERSON OR ENTITY ARISING FROM OR IN ANY WAY RELATED TO THIS AGREEMENT. Company expressly acknowledges that (i) MEYER is making no representations in terms of assuring that any funding will be obtained; (ii) Company understands it must employ its own legal, accounting and tax counsel to review and approve any transactions; (iii) MEYER is in no way providing legal, financial or tax advice upon which the Company should act without consulting its own counsel; and (iv) MEYER makes no representations that any introductions made by MEYER will result in a tangible benefit to the Company. All work by MEYER is on a “best effort” basis.

 

	
6.

	
CONFIDENTIALITY/NONDISCLOSURE/NONCIRCUMVENTION: (A) Until such time as the same may become publicly known, MEYER agrees that any information of a confidential nature will not be revealed or disclosed to any person or entity, except in the performance of this Agreement, and upon written request of the Company, all materials and original documentation provided by the Company will either be destroyed or returned at MEYER’s option. (B) Further, the Company agrees not to circumvent or interfere with or attempt to circumvent or interfere with the business relationships existing between MEYER and any entities introduced to the Company by MEYER. (C) The Company may disclose information concerning any source introduced by MEYER to its professional advisors, such as legal counsel or accountants, but must first establish that all agents must abide by the Company’s obligations and covenants pertaining to non-disclosure established herein.

 

  

2

  

 

	
7.

	
NOTICES: All notices hereunder shall be in writing and addressed to the party at the address herein set forth, or at such other address as to which notice pursuant to this section may be given, and shall be given by personal delivery, by certified mail, express mail, or by national overnight courier services. Notices will be deemed given upon the earlier of actual receipt or three (3) business days after being mailed or delivered to such courier service. Any notices to be given hereunder will be effective if executed by and sent by the attorneys for the parties being mailed or delivered to such courier service. Any notices to be given hereunder will be effective if executed by and sent by the attorneys for the parties giving such notice, and in connection therewith, the parties and their respective counsel agreeing that in giving such notice, such counsel may communicate directly in writing with such parties to the extent necessary to give such notice.

 

	
8.

	
SEPARABILITY: If one or more of the provisions of this Agreement shall be held invalid, illegal or unenforceable in any respect, such provision, to the extent invalid, illegal or unenforceable, shall be modified to the extent necessary to be legal, valid, and enforceable, and shall not affect any other provision hereof.

 

	
9.

	
MISCELLANEOUS:

 

	
  

	
A.

	
GOVERNING LAW: This Agreement shall be governed by the laws of the State of Mass. Venue for all litigation shall be Los Angeles County, CA. MEYER shall be entitled to reimbursement of legal fees and costs, including attorney fees, if Company fails to pay MEYER in accordance with the terms of this Agreement and MEYER initiates legal action.

 

	
  

	
B.

	
CURRENCY: References to dollars shall be deemed to be United States Dollars.

 

	
  

	
C.

	
MULTIPLE/FAXED COUNTERPARTS: This Agreement may be executed in multiple counterparts, and by fax transmission, each of which shall be deemed an original. It shall be necessary that each party execute each counterpart.

 

	
  

	
D.

	
LIMIT OF PROFESSIONAL CAPACITIES: The parties acknowledge that MEYER is not serving in an official audit capacity, nor acting as an attorney, nor in any way providing any formal tax opinions. MEYER recommends the Company obtain independent legal and tax counsel to participate in the process.

 

	
  

	
E.

	
TERMINATION: Should MEYER terminate this Agreement, other than due to a breach by the Company, MEYER shall forfeit any future retainer compensation not already earned. Should Company terminate, other than as allowed herein, MEYER shall be entitled to all compensation referenced in Section 4.

 

	
  

	
F.

	
ASSIGNMENT: MEYER shall have the right to assign any proceeds due under this Agreement.

 

	
  

	
G.

	
NON-EXCLUSIVE NATURE: The Company acknowledges that Company is not the only client being provided services by MEYER, and that MEYER is under no obligation to provide priority treatment to Company relative to other clients of MEYER. The Company, subject to the provisions herein, shall have the right to pursue alternative funding sources.

 

  

3

  

 

	
  

	
H.

	
REGISTRATION: The parties acknowledge that any of the following shall evidence a registration of a MEYER source: (i) a telephonic call between the Company and a MEYER source, (ii) the e-mailing of contact info to the Company or to a MEYER source about the other party, (iii) the mailing, faxing, or e-mailing of any project information to a MEYER source, (iv) any introductions of third parties who in turn introduce a revenue source to the Company, (v) any in person meetings between the Company and a MEYER source, and (vi) any other actions taken which clearly link MEYER and the revenue source. In the event the Company is in current and ongoing substantive discussions with a source that MEYER intends to, or does introduce, the Company will give MEYER notice within two (2) business days of learning of such source that the Company does not wish MEYER to pursue said source. Failure to do so shall qualify such source as registered to MEYER.

 

	
CLICKSTREAM CORPORATION

	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	
By:

	
 

	 	 	
 

	 
	 	 	 	 	 	 
	
Its:

	
 

	 	 	
 

	 
	 	
 

	 	 	
 

	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	
IRWIN MEYER, FINANCIAL CONSULTANT

	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

 

 

4ex10_2.htm

Exhibit 10.2

 

Independent Contractor Agreement

This Independent Contractor Agreement (the “Agreement”) is made this 20th day of  October, 2014 by and between ClickStream Corporation, a Nevada corporation (“CS”) and Nate Bernard (“NB”), an independent consultant, whose signatures are affixed below. CS and NB are collectively referred to herein as the “Parties” and individually as a “Party”.

NB is an independent contractor, who has agreed to initially develop a Fantasy Sports Predictive Game System for CS (“the Product”) and report to Eben Esterhuizen, Chief Consultant on the Project. In consideration of the promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties mutually agree as follows:

1.CS will provide the necessary financing to fund the development of the Products and NB will provide certain technology and web design that he will develop, exclusively in the financial, political and fantasy sports betting markets. NB will work with Esterhuizen to  provide a budget and timeline for the development of the Product and other products (“the Product”), the first being a Fantasy Sports Predictive Game System.

2. CS and NB will mutually agree upon the capabilities and characteristics of the Products. Michel Iscove and Michael J. O’Hara will be made available by CS on an as-needed basis to assist NB in the development of the Product.

3. All improvements and Products developed by the Parties arising out of or in connection with this Agreement shall be the sole property of CS including all codes pertaining thereto. All codes used in the development of new Products, as set forth herein, and any new patents granted as a result, will be the sole property of CS, and will be delivered to, or assigned (as required), to CS by NB. All Technology owned by NB as of the date of this Agreement utilized in developing the Products shall become the property of CS.

4.Following the completion of the first Product CS and NB may agree on the devlopment of one or more additonal Products at CS sole discretion.. For each assignment, NB shall provide budgets and schedules for completion. CS understands that the Services to be performed by NB (“Services”) are unique, extremely complex, and involve a large degree of interaction and discussion between CS and NB. Any costs and/or schedules provided shall be considered an estimate of the costs and/or schedule required to complete the Services. The time actually required to complete the Services or any portion thereof will be subject to NB’s availability, timely delivery of information by NB to CS, unforeseen design issues, design changes and modifications requested by CS and other matters which generally affect product design services. NB shall use its best efforts to properly staff all projects and to meet all agreed upon costs and schedules. but makes no guarantee thereof in regard to cost and/or schedules. NB shall provide prompt notice to CS of changes on costs and schedules initially provided.

  

  

  

5. Upon the initiation of this Agreement, NB will send invoices to CS at the start of every month. CS will be required to pay an weekly fee of $ 1,500 to NB subject to the last sentence of this Paragraph 5. This weekly rate will remain firm for the first 12 months of this Agreement, with the parties agreeing that fees will be renegotiated at that time, to be based on NB’s performance

 6. This Agreement shall be enforced and interpreted under the laws of the State of New York without regard to conflict of law principles.

The Parties hereto consent to jurisdiction of the federal and state courts located in the State of New York, County of New York, for all purposes, and further consent that any process or notice of motion or other application to a court or judge thereof in connection therewith may be served outside the State of New York by personal service or by registered or certified mail, as provided by New York law.

7. The Parties hereto represent and warrant that they are not a party to any agreement or contract pursuant to which there is any restriction or limitation upon entering into this Agreement or in conflict with the terms of this Agrement and NB shall not develop a similar Product or Products for a competing company.

8. Each party hereto will execute and deliver all such other and further instruments and documents as may be necessary to carry out the purposes of this Agreement.

9. Any notice required or permitted to be given under this Agreement shall be sufficient if in writing and if sent by registered or certified mail or email, to the parties at their respective addresses:

ClickStream Corporation

c/o Kagel Law, A Professional Corporation

1801 Century Park East

Suite 1201

Los Angeles, CA 90067

Nate Bernard

 

  

  

  

              Texas

with copies to to such other addresses as any party hereto may designate by notice given in accordance with this Agreement.

16. This instrument contains the entire agreement of the parties as to the subject matter hereof. It may not be changed orally, but only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification, extension or discharge is sought.

 

In witness hereof the parties have executed this Agreement as of the above date:

 

	
Nate Bernard, Consultant

	  
	  
	  
	  
	 
	 
	 
	
ClickStream Corporation

	  
	  
	  
	
Michael Iscove, President/CFO

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