Document:

EX-10.1 Agreement for Member of the Scientific Advisory Committee, Mariel Selbovitz

 

 

AGREEMENT FOR MEMBER OF THE SCIENTIFIC ADVISORY COMMITTEE

 

 

       
THIS AGREEMENT is made and entered into effective as of May 18, 2009(the
"Effective Date"), by and between Immunotech Laboratories Inc., a Nevada
corporation, ("Company") and Mariel Selbovitz an individual ("Advisor").

 

       
1. Term.

 

(a)
This Agreement shall continue for a period of one (3) years from the Effective
Date and shall continue thereafter for as long as Advisor is requested to
remain on the Scientific Advisory Board of the Company.

 

b)
Notwithstanding the foregoing and provided that Advisor has neither voluntarily
resigned nor been terminated for "cause" as defined in Section 3(b)
of this Agreement, Company agrees to use its best efforts to reappoint Advisor
to the Scientific Advisory Board.

 

       
2. Position and Responsibilities.

 

(a)
Position. Company hereby retains Advisor to serve as member of the Scientific
Advisory Committee. Advisor shall perform such duties and responsibilities as
are normally related to such position in accordance with Company's bylaws and
applicable law, including those services described on Exhibit A, (the
"Services"), and Advisor hereby agrees to use his best efforts to
provide the Services. Advisor shall not allow any other person or entity to perform
any of the Services for or instead of Advisor. Advisor shall comply with the
statutes, rules, regulations and orders of any governmental or

quasi-governmental
authority, which are applicable to the performance of the Services, and
Company's rules, regulations, and practices as they may from time-to-time be
adopted or modified.

 

 

 

(b)
Other Activities. Advisor may be employed by another company, may serve on
other Scientific Advisory Committees or Advisory Boards, and may engage in any
other business activity (whether or not pursued for pecuniary advantage), as
long as such outside activities do not violate Advisor's obligations under this
Agreement or Advisor's obligations to the Company. 

The
ownership of less than a 5% interest in an entity, by itself, shall not
constitute a violation of this duty.

Except
as set forth in Exhibit B, Advisor represents that, to the best of his/her
knowledge, Advisor has no outstanding agreement or obligation that is in
conflict with any of the provisions of this Agreement, and Advisor agrees to use
his/her best efforts to avoid or minimize any such conflict and agrees not to
enter into any agreement or obligation that could create such a conflict,
without the approval of the Company. If, at any time, Advisor is required to
make any disclosure or take any action that may conflict with any of the
provisions of this Agreement, Advisor will promptly notify the Company of such obligation,
prior to making such disclosure or taking such action.

 

(c)
No Conflict. Except as set forth in Section 2(b) and Exhibit A, Advisor will
not engage in any activity that creates an actual conflict of interest with
Company, regardless of whether such activity is prohibited by Company's
conflict of interest guidelines or this Agreement, and Advisor agrees to notify
the Company before engaging in any activity that creates a potential conflict
of interest with Company. Specifically and except as set forth in Section 2(b)
and Exhibit A of this Agreement, Advisor shall not engage in any activity that
is in direct competition with the Company or serve in any capacity (including,
but not limited to, as an employee, consultant, advisor or director) in any
company or entity that competes directly with the Company, as reasonably
determined by the Company, without the approval of the Company.

 

 

 

 

 

       
3. Compensation and Benefits.

 

(a)
Stock and Stock Options. Company acknowledges that in consideration of the
services to be rendered under this Agreement, Company agrees to grant Advisor
the following:

For
each year of services rendered, 25,000 shares of the company's common stock,
for a total of 75,000 common shares. Upon the effective date of this agreement,
the company will process the initial 25,000 rule 144 restricted shares, which
shall be fully vested on the Effective Date. 

In
the event (i) of a merger, change in control or sale of Company or (ii) Advisor
either is terminated as an Advisor or is not reappointed, where the Advisor has
not engaged in conduct during his tenure on the board which would constitute
"cause" for such termination, as determined by the Company, the
Shares immediately shall become fully vested. "Cause" means a determination
by Company that the Advisor has been engaged in any of the following: (i)
malfeasance in office; (ii) gross misconduct or neglect; (iii) false or
fraudulent misrepresentation inducing Advisor's appointment; (iv) willful
conversion of corporate funds; (v) material breach of an obligation to make
full disclosure; (vi) gross incompetence; (vii) gross inefficiency; (viii) acts
of moral turpitude; or (ix) repeated failure to participate in agreed upon
scientific or trade conferences, scientific and technical meetings or
teleconferences despite having received proper notice of such at least 48 hours
in advance thereof. 

 

(b)
Expenses. The Company shall reimburse Advisor for all approved reasonable
business expenses incurred in the performance of his/her duties hereunder in
accordance with Company's expense reimbursement guidelines.

 

(c)
Indemnification. Company will indemnify and defend Advisor  against any
liability incurred in the performance of the Services to the fullest extent
authorized in Company's Certificate of Incorporation, as amended, bylaws, as
amended, and applicable law. Advisor shall be entitled to the protection of any
insurance policies the Company maintains for the benefit of the Company against
all costs, charges and expenses in connection with any action, suit or
proceeding to which he may be made a party by reason of his affiliation with
Company, its subsidiaries, or affiliates.

 

(d)
Records. Advisor shall have reasonable access to scientific and technical
information and data of Company, as necessary to enable Advisor to fulfill his/her
obligations as an Advisor of Company.

 

       
4. Termination.

 

a)
Right to Terminate. At any time, Advisor may be removed as provided in
Company's Certificate of Incorporation, as amended, bylaws, as amended, and
applicable law. Advisor may resign as Advisor as provided in Company's
Certificate of Incorporation, as amended, bylaws, as amended, and applicable
law. Notwithstanding anything to the contrary contained in or arising from this
Agreement or any statements, policies, or practices of Company, neither Advisor
nor Company shall be required to provide any advance notice or any reason or
cause for termination of Advisor's status, except as provided in Company's
Certificate of Incorporation, as amended, Company's bylaws, as amended, and
applicable law.

 

b)
Effect of Termination as Advisor. Upon a termination of Advisor's status, this
Agreement will terminate. Except as provided herein, the Company shall pay to Advisor
all compensation and benefits to which Advisor is entitled up through the date
of termination, and thereafter, all of the Company's obligations under this
Agreement shall cease, except as provided in Sections 1(b), 3(b), 3(d), 3(e), and
5.

 

c)
Effect of Termination as Advisor. Upon a termination of

Advisor's
status as an Advisor, this Agreement will terminate; Company shall pay to Advisor
all compensation and benefits to which Advisor is entitled up through the date
of termination. Thereafter, all of Company's obligations under this Agreement
shall 

cease,
except as provided in Sections 1(b), 3(a), 3(b), 3(c) and 5.

 

       
5. Termination Obligations.

 

(a)
Advisor agrees that all property, including, without limitation, all equipment,
tangible proprietary information, documents, records, notes, contracts, and
computer-generated materials provided to or prepared by Advisor incident to his
services belong to Company and shall be promptly returned at the request of
Company.

 

(b)
Upon termination of this Agreement, Advisor shall be deemed to have resigned
from all offices then held with Company by virtue of his/her position as Advisor,
except that Advisor shall continue to serve as an Advisor if reappointed as an Advisor
by the Company as provided in Company's Certificate of Incorporation, as
amended, Company's bylaws, as amended, and applicable law. Advisor agrees that
following any termination of this Agreement, he/she shall cooperate with
Company in the winding up or transferring to other Advisors of any pending work
and shall also cooperate with Company (to the extent allowed by law, and at
Company's expense) in the defense of any action brought by any third party
against Company that relates to the Services.

 

(c)
The Company and Advisor agree that their obligations under this Section, as
well as Sections 1(b), 3(a), 3(b), 3(c), 4(b), 4(c) and 7, shall survive the
termination of this Agreement.

 

6. Nondisclosure Obligations. 

 

Advisor
shall maintain in confidence and shall not, directly or indirectly, disclose or
use, either during or after the term of this Agreement, any Proprietary
Information (as defined below), confidential information, or trade secrets belonging
to Company, whether or not it is in written or permanent form, except to the
extent necessary to perform the Services, as required by a lawful government
order or subpoena, or as authorized in writing by Company. These nondisclosure
obligations also apply to Proprietary Information belonging to customers and
suppliers of Company, and other third parties, learned by Advisor as a result
of performing the Services.

 

"Proprietary
Information" means all information pertaining in any manner to the business
of Company, unless (i) the information is or becomes publicly known through
lawful means; (ii) the information was part of Advisor's general knowledge
prior to his/her relationship with Company; or (iii) the information is
disclosed to Advisor without restriction by a third party who rightfully
possesses the information and did not learn of it from Company.

 

       
7. Dispute Resolution.

 

(a)
Jurisdiction and Venue. The parties agree that any suit, action, or proceeding
between Advisor (and his attorneys, successors, and assigns) and Company (and
its affiliates, shareholders, directors, officers, employees, members, agents,
successors, attorneys, and assigns) relating to the Services or the termination
of those Services shall be brought in either the United States District Court
for the Central District of California or in a California state court in the
County of Los Angeles Central District and that the parties shall submit to the
jurisdiction of such court. The parties irrevocably waive, to the fullest
extent permitted by law, any objection the party may have to the laying of
venue for any such suit, action or proceeding brought in such court. If any one
or more provisions of this Section shall for any reason be held invalid or
unenforceable, it is the specific intent of the parties that such provisions shall
be modified to the minimum extent necessary to make it or its application valid
and enforceable.

 

(b)
Attorneys' Fees. Should any litigation, arbitration or other proceeding be
commenced between the parties concerning the rights or obligations of the
parties under this Agreement, the party prevailing in such proceeding shall be
entitled, in addition to such other relief as may be granted, to a reasonable
sum as and for its attorneys' fees in such proceeding. This amount shall be determined
by the court in such proceeding. In addition to any amount received as
attorneys' fees, the prevailing party also shall be entitled to receive from
the party held to be liable, an amount equal to the attorneys' fees and costs
incurred in enforcing any judgment against 

such
party. This Section is severable from the other provisions of this Agreement
and survives any judgment and is not deemed merged into any judgment.

 

       
8. Entire Agreement. This Agreement is intended to be the final, complete, and
exclusive statement of the terms of Advisor's relationship solely with respect
to his position as Advisor with Company. This Agreement entirely supersedes and
may not be contradicted by evidence of any prior or contemporaneous statements
or agreements pertaining to Advisor's position. Agreements related to Advisor's
ownership of the Securities are not affected by this Agreement.

 

       
9. Amendments; Waivers. This Agreement may not be amended except by a writing
signed by Advisor and by a duly authorized representative of the Company other
than Advisor. Failure to exercise any right under this Agreement shall not
constitute a waiver of such right.

 

       
10. Assignment. Advisor agrees that Advisor will not assign any rights or
obligations under this Agreement, with the exception of Advisor's ability to
assign rights with respect to the Securities. Nothing in this Agreement shall
prevent the consolidation, merger or sale of Company or a sale of all or
substantially all of its assets.

 

       
11. Severability. If any provision of this Agreement shall be held by a court
or arbitrator to be invalid, unenforceable, or void, such provision shall be
enforced to fullest extent permitted by law, and the remainder of this Agreement
shall remain in full force and effect. In the event that the time period or
scope of any provision is declared by a court or arbitrator of competent
jurisdiction to exceed the maximum time period or scope that such court or
arbitrator deems enforceable, then such court or arbitrator shall reduce the
time period or scope to the maximum time period or scope permitted by law.

 

 

       
12. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of California.

 

       
13. Interpretation. This Agreement shall be construed as a whole, according to
its fair meaning, and not in favor of or against any party. Captions are used
for reference purposes only and should be ignored in the interpretation of the
Agreement.

 

       
14. Binding Agreement. Each party represents and warrants to the other that the
person(s) signing this Agreement below has authority to bind the party to this
Agreement and that this Agreement will legally bind both Company and Advisor.
This Agreement will be binding upon and benefit the parties and their heirs,
administrators, executors, successors and permitted assigns. To the extent that
the practices, policies, or procedures of Company, now or in the future, are
inconsistent with the terms of this Agreement, the provisions of this Agreement
shall control. Any subsequent change in Advisor's duties or compensation not
affect the validity or scope of the remainder of this Agreement.

 

       
15. Advisor Acknowledgment. Advisor acknowledges Advisor has had the
opportunity to consult legal counsel concerning this Agreement, that Advisor
has read and understands the Agreement, that Advisor is fully aware of its
legal effect, and that Advsior has entered into it freely based on his own
judgment and not on any representations or promises other than those contained in
this Agreement.

 

       
16. Counterparts. This Agreement may be executed in any number of counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

 

 

 

 

 

 

 

 

 

 

       
17. Date of Agreement. The parties have duly executed this Agreement as of the
date first written above.

 

 

   
Immunotech Laboratories Inc.

   
a California corporation:

 

   
By: /s/ Ara Ghanime                       /s/ Harry H. Zhabilov

 

 

  
____________________                          _____________________                       

 

 

 

  
Advisor of Immunotech 

 

 

   
__________________

   
/s/  Mariel Selbovitz

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                          

 

 EXHIBIT A

                         DESCRIPTION OF SERVICES

 

       
Responsibilities as Advisor. Advisor shall have all responsibilities of an Advisor
of the Company imposed by California or applicable law, the Certificate of
Incorporation, as amended, and Bylaws, as amended, of Company. These
responsibilities shall include, but shall not be limited to, the following:

 

1.     
Attendance to conferences. Attend scheduled meetings and conferences as
scheduled in advance by the company;

 

2.     
Act as a Scientific/Technical Advisor. Represent the interests of Company in
all scientific, technical and business conferences and meetings,
teleconferences and conduct presentations; and

 

3.     
Assist company in its efforts to raise private, institutional and governmental
investments and grants.

 

4.         Assist
in all necessary efforts to write and have scientific abstracts and the
approval of these thereof, as well as prepare poster presentations, and
participate in conducting presentations on behalf of the company at scientific
and investment conferences as deemed necessary by the Company.EX-10.2 Agreement for Member of the Board of Directors, Dr. Roscoe M. Moore Jr.

 

 

AGREEMENT FOR MEMBER OF THE BOARD OF DIRECTORS

 

 

       
THIS AGREEMENT is made and entered into effective as of May 18, 2009(the
"Effective Date"), by and between Immunotech Laboratories Inc., a Nevada
corporation, ("Company") and Dr. Roscoe M. Moore Jr. an individual
("Director").

 

       
1. Term.

 

(a)
This Agreement shall continue for a period of one (3) years from the Effective
Date and shall continue thereafter for as long as Director is elected as a
member of the Board of Directors of the Company.

 

b)
Notwithstanding the foregoing and provided that Director has neither
voluntarily resigned nor been terminated for "cause" as defined in
Section 3(b) of this Agreement, Company agrees to use its best efforts to
reelect Director to the Board

 

       
2. Position and Responsibilities.

 

(a)
Position. Company hereby retains Director to serve as

member
of the Board of Directors. Director shall perform such duties and
responsibilities as are normally related to such position in accordance with
Company's bylaws and applicable law, including those services described on
Exhibit A, (the "Services"), and Director hereby agrees to use his
best efforts to provide the Services. Director shall not allow any other person
or entity to perform any of the Services for or instead of Director. Director
shall comply with the statutes, rules, regulations and orders of any
governmental or

quasi-governmental
authority, which are applicable to the performance of the Services, and
Company's rules, regulations, and practices as they may from time-to-time be
adopted or modified.

 

 

(b)
Other Activities. Director may be employed by another company, may serve on
other Boards of Directors or Advisory Boards, and may engage in any other
business activity (whether or not pursued for pecuniary advantage), as long as
such outside activities do not violate Director's obligations under this
Agreement or Director's fiduciary obligations to the shareholders. 

The
ownership of less than a 5% interest in an entity, by itself, shall not
constitute a violation of this duty.

Except
as set forth in Exhibit B, Director represents that, to the best of his
knowledge, Director has no outstanding agreement or obligation that is in
conflict with any of the provisions of this Agreement, and Director agrees to use
his best efforts to avoid or minimize any such conflict and agrees not to enter
into any agreement or obligation that could create such a conflict, without the
approval of the Chief Executive Officer or a majority of the Board of
Directors. If, at any time, Director is required to make any disclosure or take
any action that may conflict with any of the provisions of this Agreement,
Director will promptly notify the Chief Executive Officer or the Board of such obligation,
prior to making such disclosure or taking such action.

 

(c)
No Conflict. Except as set forth in Section 2(b) and Exhibit A, Director will
not engage in any activity that creates an actual conflict of interest with
Company, regardless of whether such activity is prohibited by Company's conflict
of interest guidelines or this Agreement, and Director agrees to notify the
Board of Directors before engaging in any activity that creates a potential
conflict of interest with Company. Specifically and except as set forth in
Section 2(b) and Exhibit A of this Agreement, Director shall not engage in any
activity that is in direct competition with the Company or serve in any
capacity (including, but not limited to, as an employee, consultant, advisor or
director) in any company or entity that competes directly with the Company, as
reasonably determined by a majority of Company's disinterested board members, without
the approval of the Chief Executive Officer.

 

       
3. Compensation and Benefits.

 

(a)
Stock and Stock Options. Company acknowledges that in consideration of the
services to be rendered under this Agreement, Company agrees to grant Director
the following:

For
each year of services rendered, 50,000 shares of the company's common stock,
for a total of 150,000 common shares. Upon the effective date of this
agreement, the company will process the initial 50,000 rule 144 restricted
shares, which shall be fully vested on the Effective Date. 

In
the event (i) of a merger, change in control or sale of Company or (ii)
Director either is terminated as a board member or is not reelected, where the
Director has not engaged in conduct during his tenure on the board which would
constitute "cause" for such termination, as determined by a majority
vote of the disinterested board members, the Shares immediately shall become
fully vested. "Cause" means a determination by a majority of the
disinterested board members that the Director has been engaged in any of the
following: (i) malfeasance in office; (ii) gross misconduct or neglect; (iii)
false or fraudulent misrepresentation inducing Director's appointment; (iv)
willful conversion of corporate funds; (v) material breach of an obligation to
make full disclosure; (vi) gross incompetence; (vii) gross inefficiency; (viii)
acts of moral turpitude; or (ix) repeated failure to participate (either by
telephone or in person) board meetings on a regular basis despite having
received proper notice of the meetings at least 48 hours in advance thereof. 

 

(b)
Expenses. The Company shall reimburse Director for all approved reasonable
business expenses incurred in the performance of his duties hereunder in
accordance with Company's expense reimbursement guidelines.

 

(c)
Indemnification. Company will indemnify and defend Director against any
liability incurred in the performance of the Services to the fullest extent
authorized in Company's Certificate of Incorporation, as amended, bylaws, as
amended, and applicable law. Company has purchased Director's and Officer's
liability insurance, and Director shall be entitled to the protection of any
insurance policies the Company maintains for the benefit of its Directors and
Officers against all costs, charges and expenses in connection with any action,
suit or proceeding to which he may be made a party by reason of his affiliation
with Company, its subsidiaries, or affiliates.

 

(d)
Records. Director shall have reasonable access to books and records of Company,
as necessary to enable Director to fulfill his obligations as a Director of
Company.

 

       
4. Termination.

 

a)
Right to Terminate. At any time, Director may be removed as provided in
Company's Certificate of Incorporation, as amended, bylaws, as amended, and
applicable law. Director may resign as Director as provided in Company's
Certificate of Incorporation, as amended, bylaws, as amended, and applicable
law. Notwithstanding anything to the contrary contained in or arising from this
Agreement or any statements, policies, or practices of Company, neither
Director nor Company shall be required to provide any advance notice or any reason
or cause for termination of Director's status, except as provided in Company's
Certificate of Incorporation, as amended, Company's bylaws, as amended, and
applicable law.

 

 

b)
Effect of Termination as director. Upon a termination of Director's status,
this Agreement will terminate. Except as provided herein, the Company shall pay
to Director all compensation and benefits to which Director is entitled up
through the date of termination, and thereafter, all of the Company's
obligations under this Agreement shall cease, except as provided in Sections
1(b), 3(b), 3(d), 3(e),

and
5.

 

c)
Effect of Termination as Director. Upon a termination of

Director's
status as a Director, this Agreement will terminate; Company shall pay to
Director all compensation and benefits to which Director is entitled up through
the date of termination. Thereafter, all of Company's obligations under this
Agreement shall cease, except as provided in Sections 1(b), 3(a), 3(b), 3(c)
and 5.

 

       
5. Termination Obligations.

 

(a)
Director agrees that all property, including, without limitation, all
equipment, tangible proprietary information, documents, records, notes,
contracts, and computer-generated materials provided to or prepared by Director
incident to his services belong to Company and shall be promptly returned at
the request of Company.

 

(b)
Upon termination of this Agreement, Director shall be deemed to have resigned
from all offices then held with Company by virtue of his position as director,
except that Director shall continue to serve as a director if elected as a
director by the shareholders of Company as provided in Company's Certificate of
Incorporation, as amended, Company's bylaws, as amended, and applicable law.
Director agrees that following any termination of this Agreement, he shall
cooperate with Company in the winding up or transferring to other directors of
any pending work and shall also cooperate with Company (to the extent allowed
by law, and at Company's expense) in the defense of any action brought by any third
party against Company that relates to the Services.

 

(c)
The Company and Director agree that their obligations under this Section, as
well as Sections 1(b), 3(a), 3(b), 3(c), 4(b), 4(c) and 7, shall survive the
termination of this Agreement.

 

6. Nondisclosure Obligations. 

 

Director
shall maintain in confidence and shall not, directly or indirectly, disclose or
use, either during or after the term of this Agreement, any Proprietary
Information (as defined below), confidential information, or trade secrets
belonging to Company, whether or not it is in written or permanent form, except
to the extent necessary to perform the Services, as required by a lawful
government order or subpoena, or as authorized in writing by Company. These
nondisclosure obligations also apply to Proprietary Information belonging to
customers and suppliers of Company, and other third parties, learned by
Director as a result of performing the Services.

"Proprietary
Information" means all information pertaining in any manner to the business
of Company, unless (i) the information is or becomes publicly known through
lawful means; (ii) the information was part of Director's general knowledge
prior to his relationship with Company; or (iii) the information is disclosed
to Director without restriction by a third party who rightfully possesses the
information and did not learn of it from Company.

 

       
7. Dispute Resolution.

 

(a)
Jurisdiction and Venue. The parties agree that any suit, action, or proceeding
between Director (and his attorneys, successors, and assigns) and Company (and
its affiliates, shareholders, directors, officers, employees, members, agents,
successors, attorneys, and assigns) relating to the Services or the termination
of those Services shall be brought in either the United States District Court
for the Central District of California or in a California state court in the
County of Los Angeles Central District and that the parties shall submit to the
jurisdiction of such court. The parties irrevocably waive, to the fullest
extent permitted by law, any objection the party may have to the laying of
venue for any such suit, action or proceeding brought in such court. If any one
or more provisions of this Section shall for any reason be held invalid or
unenforceable, it is the specific intent of the parties that such provisions shall
be modified to the minimum extent necessary to make it or its application valid
and enforceable.

 

(b)
Attorneys' Fees. Should any litigation, arbitration or other proceeding be
commenced between the parties concerning the rights or obligations of the
parties under this Agreement, the party prevailing in such proceeding shall be
entitled, in addition to such other relief as may be granted, to a reasonable
sum as and for its attorneys' fees in such proceeding. This amount shall be determined
by the court in such proceeding. In addition to any amount received as
attorneys' fees, the prevailing party also shall be entitled to receive from
the party held to be liable, an amount equal to the attorneys' fees and costs
incurred in enforcing any judgment against such party. This Section is
severable from the other provisions of this Agreement and survives any judgment
and is not deemed merged into any judgment.

 

       
8. Entire Agreement. This Agreement is intended to be the final, complete, and
exclusive statement of the terms of Director's relationship solely with respect
to his position as director with Company. This Agreement entirely supersedes
and may not be contradicted by evidence of any prior or contemporaneous
statements or agreements pertaining to Directors position. Agreements related
to Director's ownership of the Securities are not affected by this Agreement.

 

       
9. Amendments; Waivers. This Agreement may not be amended except by a writing
signed by Director and by a duly authorized representative of the Company other
than Director. Failure to exercise any right under this Agreement shall not
constitute a waiver of such right.

 

       
10. Assignment. Director agrees that Director will not assign any rights or
obligations under this Agreement, with the exception of Director's ability to
assign rights with respect to the Securities. Nothing in this Agreement shall
prevent the consolidation, merger or sale of Company or a sale of all or substantially
all of its assets.

 

       
11. Severability. If any provision of this Agreement shall be held by a court
or arbitrator to be invalid, unenforceable, or void, such provision shall be
enforced to fullest extent permitted by law, and the remainder of this
Agreement shall remain in full force and effect. In the event that the time
period or scope of any provision is declared by a court or arbitrator of
competent jurisdiction to exceed the maximum time period or scope that such
court or arbitrator deems enforceable, then such court or arbitrator shall
reduce the time period or scope to the maximum time period or scope permitted
by law.

 

       
12. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of California.

 

       
13. Interpretation. This Agreement shall be construed as a whole, according to
its fair meaning, and not in favor of or against any party. Captions are used
for reference purposes only and should be ignored in the interpretation of the
Agreement.

 

       
14. Binding Agreement. Each party represents and warrants to the other that the
person(s) signing this Agreement below has authority to bind the party

to
this Agreement and that this Agreement will legally bind both Company and Director.
This Agreement will be binding upon and benefit the parties and their heirs,
administrators, executors, successors and permitted assigns. To the

extent
that the practices, policies, or procedures of Company, now or in the future,
are inconsistent with the terms of this Agreement, the provisions of this
Agreement shall control. Any subsequent change in Director's duties or

compensation
not affect the validity or scope of the remainder of this Agreement.

 

       
15. Director Acknowledgment. Director acknowledges Director has had the
opportunity to consult legal counsel concerning this Agreement, that Director
has read and understands the Agreement, that Director is fully aware of its
legal effect, and that Director has entered into it freely based on his own
judgment and not on any representations or promises other than those contained

in
this Agreement.

 

       
16. Counterparts. This Agreement may be executed in any number of counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

 

       
17. Date of Agreement. The parties have duly executed this Agreement as of the
date first written above.

 

 

   
Immunotech Laboratories Inc.

   
a California corporation:

 

   
By: /s/ Ara Ghanime                       /s/ Harry H. Zhabilov

 

 

  
____________________                          _____________________                       

 

 

 

  
Director of Immunotech 

 

 

   
__________________

   
/s/  Dr. Roscoe Moore Jr.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                          

 EXHIBIT A

                         DESCRIPTION OF SERVICES

 

       
Responsibilities as Director. Director shall have all responsibilities of a
Director of the Company imposed by California or applicable law, the
Certificate of Incorporation, as amended, and Bylaws, as amended, of Company.
These responsibilities shall include, but shall not be limited to, the
following:

 

1.     
Attendance. Use best efforts to attend scheduled meetings of Company's Board of
Directors;

 

2.     
Act as a Fiduciary. Represent the shareholders and the interests of Company as
a fiduciary; and

 

3.     
Participation. Participate as a full voting member of Company's Board of
Directors in setting overall objectives, approving plans and programs of
operation, formulating general policies, offering advice and counsel, serving
on Board Committees, and reviewing management performance.

 

4.         Represent
the Company in scientific or trade conferences and shows as the benefit of the
Company necessitates, approved and agreed upon by both parties and scheduled in
advance.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]