Document:

EX-10.2

TRANSITION AGREEMENT

THIS TRANSITION AGREEMENT (the “Agreement”) is made and entered into as of August 3, 2005
(“Agreement Date”), by and between Naturade, Inc., a Delaware corporation with its principal
executive offices located at 14370 Myford Rd. #100, Irvine, California 92606 (“Naturade”), and
Symco, Incorporated a Nevada corporation with its principal executive offices located at 2301 West
Highway 89A, Suite 107, Sedona, Arizona 86336 (“Symco”), and Symbiotics, Inc., an Arizona
corporation with its principal executive offices located at 2301 West Highway 89A, Suite 107,
Sedona, Arizona 86336 (“Symbiotics”) (Symco and Symbiotics are collectively referred to herein as
the “Company”).

Recitals

A. The Company and Quincy Investments Corp., a Bahamas International Business Corporation
(“Quincy”) have entered into that certain Asset Purchase Agreement dated as of July 22 2005 (the
“Purchase Agreement”).

B. Quincy has assigned to Naturade, and Naturade has assumed, the rights and obligations of
Quincy under the Purchase Agreement as and to the extent provided in that certain Assignment and
Assumption Agreement of even date herewith by and among Naturade, Quincy and the Company (the
“Assignment Agreement”).

C. This Agreement is the transition agreement referred to in Section 2.02(f) and 2.03(d) of
the Purchase Agreement, and the Company and Naturade in satisfaction of the requirements of the
Purchase Agreement intend that the Company provide to Naturade the services set forth herein on the
terms and conditions provided for herein.

Agreement

NOW, THEREFORE, in consideration of the premises and of the mutual covenants contained herein,
the parties agree as follows:

1.01 Access to Premises. The Company agrees to provide Naturade with commercially
reasonable access to and use of the facility located at 2301 W. Highway 89A, Suite 107, Sedona,
AZ (the “Premises”) as provided in this paragraph. From the date hereof until terminated by
Naturade with 30 day notice or September 30, 2005 whichever comes first (the “Transition
Period”), the Company hereby grants to Naturade the right to have each of its employees;
officers, agents and other representatives occupy and use the Premises. Naturade agrees to
occupy the Premises throughout such period and to occupy and use the Premises only in a manner
consistent with the terms of the lease applicable to the Company as the tenant of the Premises.
Naturade acknowledges and agrees that the Company shall also occupy and use the Premises
throughout such period, and Naturade and the Company agree to cooperate reasonably in connection
with the shared occupancy and use of the Premises.

1.02 Compliance with Lease Requirements. Naturade agrees not to take any action, or
refrain from taking any action, that would cause the Company to violate its lease on the Premises
or that would constitute a violation of the lease if Naturade were the tenant under the lease.
Naturade is responsible for all damage to the Premises it has a right to occupy hereunder and for
all costs of relocation. If, notwithstanding the other provisions of this Agreement, Naturade
occupies any portion of the Premises after the expiration or termination of the relevant lease,
Naturade must pay the fair rental price for the Premises, which shall be not less than the rent,
common area charges and similar expenses paid or to be paid by the Company and any penalties or
other costs incurred by the Company in connection with the Premises.

1.03 Indemnification. Naturade shall indemnify, defend, release and hold harmless
the Company from and against any or all actions, causes of action, claims, demands, losses, costs
or liabilities (“Claims”) to the extent arising from the acts or omissions of Naturade (including
its employees), its representatives or agents that occur on the Premises for the period of time
during which the right to occupy and use the Premises continues, except to the extent any such
Claim arises from the gross negligence, recklessness or intentional misconduct of the Company.
The Company shall indemnify, defend, release and hold harmless Naturade from and against any or
all Claims to the extent arising from the acts or omissions of the Company (including its
employees), its representatives or agents that occur after the date hereof on the Premises,
except to the extent any such Claim arises from the gross negligence, recklessness or intentional
misconduct of Naturade.

1.04 Third Party Services. During the Transition Period, Naturade and the Company
agree that the Company will use commercially reasonable efforts to make available to Naturade the
following services to the extent and as available to the Company immediately prior to the date of
this Agreement, and other similar third party services as may be agreed from time to time related
to the operation of the Premises and the transition of the Assets and related business to
Naturade, all of which the parties acknowledge are to be rendered by third parties:

	 	1.04.1	 	Internet Access

	 	1.04.2	 	Security

	 	1.04.3	 	Telecommunications/Facsimile (excluding cell phones, pagers and calling
cards)

	 	 	 
	1.04.4

1.04.5

1.04.6

1.04.7

1.04.8

	 	Telephones

Telephone Numbers

Utilities

Maintenance/janitorial services for the Premises

Certain Local Area Network/Wide Area Network

1.05 Additional Services. During the Transition Period, the Company agrees to
provide to Naturade the following services and other similar services as may be agreed from time
to time in addition to the services set forth in paragraph 1.04, to the extent such services are
available as of the date hereof:

	 	1.05.1	 	Management Services (excluding the services of Mr. David Brown)

	 	 	 
	1.05.2

1.05.3

1.05.4

1.05.5

1.05.6

1.05.7

1.05.8

1.05.9

	 	Sales and Marketing Services

Accounting Services

Computing Services

Customer Service

Order Fulfillment Services

E-mail

Local Area Network/Wide Area Network

Management Information Systems

1.06 Employee Matters. Naturade and the Company acknowledge that the Company
intends to make available its employees as of the date of this Agreement to perform the services
provided for in Sections 1.04 and 1.05. Naturade and the Company further acknowledge that it may
be difficult for the Company to retain its employees due in part to the short-term nature of the
services to be performed. Naturade and the Company agree that the Company is not obligated to
retain the services of its employees and that the Company’s obligation to provide the services
set forth in Sections 1.04 and 1.05 is subject to the reasonable availability of the Company’s
employees at the date of this Agreement. If additional personnel is needed to perform the
services provided for in Sections 1.04 and 1.05, Naturade shall be responsible to arrange for and
pay such personnel, and the Company agrees to provide reasonable supervisory services. Naturade
shall reimburse the Company for any costs incurred in connection with making special arrangements
intended to retain any employees to perform the services provided for in Sections 1.04 and 1.05
provided that Naturade has approved such special arrangement in advance of its implementation.

1.07 Limitation on Liability. The Company agrees to perform the services required
hereunder in a manner similar to its performance of such services prior to the date hereof and to
use the same degree of care in rendering services under this Agreement as it utilizes in
rendering such services for its own operations. Neither the Company nor its subsidiaries or
affiliates will be liable for any lost profits or special, incidental, consequential or exemplary
damages as a result of the performance of or failure to perform the services contemplated to be
performed by it pursuant to this Agreement.

1.08 Payments. The costs to be paid by Naturade for the services rendered pursuant
to this Agreement as set forth on Exhibit A are hereinafter referred to collectively as the
“Transition Costs.” Naturade must pay the fixed Transition Costs in two equal monthly
installments with the first installment due on the first business day of each month and the
second due on the 15th of each month (or, if not a business day, on the business day
preceding the 15th. Naturade must pay on the Closing Date the pro-rated amount of the
first installment due of the fixed Transition Costs for the month in which the Closing Date
occurs. Naturade must pay the variable Transition Costs, on a bi-weekly basis, to the Company
for each 30-day period from the date hereof until the end of the Transition Period, except that
Naturade must pre-pay the bi-weekly payroll and consulting fees included in the variable
Transition Costs. To the extent practicable, the Company agrees to invoice Naturade for the
out-of-pocket costs agreed to by Naturade and paid to any third party for any service or support
provided under this Agreement on a weekly or bi-weekly basis, with payment due to the Company
within seven days from the date of the invoice. The Company agrees, at the request of Naturade,
to provide reasonable access upon reasonable notice to appropriate documentation to support third
party charges reflected on any invoice with respect to any services provided under this
paragraph.

1.09 Relationship of Parties. The relationship between the parties is only that of
a independent commercial entities. Neither party is the agent or legal representative of the
other party, and neither party has the right or authority to bind the other party in any way.
This Agreement creates no relationship as partners or a joint venture, and creates no pooling
arrangement.

1.10 Governing Law and Venue. This Agreement shall be interpreted and enforced
according to the laws of the State of California, without application of its conflict of law or
choice of law rules. The parties hereto each, to the fullest extent it may effectively do so
under applicable law, irrevocably (i) submits to the exclusive jurisdiction of any court of the
State of California or the United States of America sitting in the Counties of Los Angeles or
Orange over any suit, action or proceeding arising out of or relating to this Agreement, (ii)
waives and agrees not to assert, by way of motion, as a defense or otherwise, any claim that it
is not subject to the jurisdiction of any such court, any objection that it may now or hereafter
have to the establishment of the venue of any such suit, action or proceeding brought in any such
court and any claim that any such suit, action or proceeding brought in any such court has been
brought in an inconvenient forum, and (iii) agrees that a final judgment in any such suit, action
or proceeding brought in any such court shall be conclusive and binding upon such party and may
be enforced in the courts of the United States of America or the State of California (or any
other courts to the jurisdiction of which such party is or may be subject) by a suit upon such
judgment.

1.11 Assignment. Neither party shall assign or transfer this Agreement, or any
portion thereof, without the other party’s prior written consent.

1.12 Counterparts. This Agreement may be executed in several counterparts that
together shall be originals and constitute one and the same instrument.

1.13 Waiver. The failure of either party to enforce any of its rights hereunder or
at law shall not be deemed a waiver or a continuing waiver of any of its rights or remedies
against the other party, unless such failure or waiver is in writing.

1.14 Severability. If any provision, or part thereof, of this Agreement is
judicially declared invalid, void or unenforceable, each and every other provision, or part
thereof, nevertheless shall continue in full force and effect, and the unenforceable provision
shall be changed or interpreted so as best to accomplish the objectives and intent of such
provision within the limits of applicable law.

1.15 Attorney’s Fees. In the event a dispute arises regarding this Agreement, the
prevailing party shall be entitled to its reasonable attorney’s fees and expenses incurred in
addition to any other relief to which it is entitled.

1.16 Notice. Any notice or other communication herein required or permitted to be
given shall be in writing and may be personally served or sent by facsimile or United States mail
or courier service and shall be deemed to have been given when delivered in person or by courier
service, upon receipt of facsimile, or three business days after depositing it in the United
States mail with postage prepaid and properly addressed. For the purposes hereof, the address of
each party hereto shall be as set forth in the first paragraph of this Agreement or, as to any
party, such other address as shall be designated by such party in a written notice delivered to
the other parties hereto.

1.17 Further Assurances. The parties agree to execute such additional documents and
perform such acts as are reasonably necessary to effectuate the intent of this Agreement.

1.18 Entire Agreement. This Agreement constitutes the entire agreement among the
parties regarding the subject matter hereof, and supersedes all prior or contemporaneous
understandings or agreements, whether oral or written, regarding the subject matter hereof. This
Agreement shall be modified or amended only by a writing signed by Naturade and the Company.

1.19 Recitals. The parties agree that each and every recital of this Agreement
shall be a covenant and agreement as well as a recital of this Agreement.

1.20 Authority. Each of the Company and Naturade represents and warrants that such
party has the authority from its respective governing bodies to enter into this Agreement and to
bind its respective company to all the terms and conditions of this Agreement.

1.21 Captions. The captions of the Sections in this Agreement are for convenience

EXECUTED as of the date first written above.

	 
	 

	Naturade:

	Naturade, Inc., a Delaware corporation

By: /s/Stephen M. Kasprisin

Name: Stephen M. Kasprisin

	 

	Title: CFO

	 

	COMPANY:

	Symco, Incorporated

a Nevada corporation

By:/s/ Douglas Wyatt

Name: Douglas Wyatt

Title: CEO

Symbiotics, Inc.,

an Arizona corporation

By:/s/ Douglas Wyatt

Name: Douglas Wyatt

Title: CEO

	 

1

EXHIBIT A

TRANSITION COSTS

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Fixed Transition Costs:

	 	 	 	 	 	Per Month
	G&A Corporate
	 	 	 	 	 	 	 	 	 	$	—	
	S&M-Marcom
	 	 	 	 	 	 	 	 	 	$	500	
	S&M-Direct Reps
	 	 	 	 	 	 	 	 	 	$	—	
	S&M Inbound
	 	 	 	 	 	 	 	 	 	$	1,300	
	S&M Outbound
	 	 	 	 	 	 	 	 	 	$	500	
	S&M Customer Service
	 	 	 	 	 	 	 	 	 	$	500	
	S&M Operations
	 	 	 	 	 	 	 	 	 	$	3,500	
	S&M Distribution
	 	 	 	 	 	 	 	 	 	$	3,500	
	R&D
	 	 	 	 	 	 	 	 	 	$	—	
	G&A Legal
	 	 	 	 	 	 	 	 	 	$	—	
	G&A Accounting
	 	 	 	 	 	 	 	 	 	$	1,700	
	G&A IT
	 	 	 	 	 	 	 	 	 	$	—	
	G&A Officers
	 	 	 	 	 	 	 	 	 	$	—	
	Building Rent
	 	 	 	 	 	 	 	 	 	$	8,500	
	Total Fixed Transition Costs
	 	 	 	 	 	$	20,000	
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Variable Transition Costs:
	 	 	 	 	 	 	 	 
	Salary & Benefits:
	 	 	 	 	 	 	 	 	 	Max/Month

	 
	 	 	 	 	 	G&A Corporate	 	$	—	
	 
	 	 	 	 	 	S&M-Marcom	 	$	5,500	
	 
	 	 	 	 	 	S&M-Direct Reps	 	$	—	
	 
	 	 	 	 	 	S&M Inbound	 	$	21,750	
	 
	 	 	 	 	 	S&M Outbound	 	$	12,500	
	 
	 	 	 	 	 	S&M Customer Service	 	$	4,750	
	 
	 	 	 	 	 	S&M Operations	 	$	1,500	
	 
	 	 	 	 	 	S&M Distribution	 	$	13,000	
	 
	 	 	 	 	 		R&D		 	$	—	
	 
	 	 	 	 	 	G&A Legal	 	$	—	
	 
	 	 	 	 	 	G&A Accounting	 	$	18,000	
	 
	 	 	 	 	 	G&A IT	 	$	—	
	 
	 	 	 	 	 	G&A Officers	 	$	—	
	 
	 	 	 	 	 	Maximum Salary & Benefits
	 	$	77,000	
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Freight-Inbound
	 	 	 	 	 	 	 	 	 	4% of receipts
	Freight-Outbound
	 	 	 	 	 	 	 	 	 	5% of shipments
	Commissions-Brokers
	 	 	 	 	 	 	 	 	 	2.5% of shipments
	Commissions-In House
	 	 	 	 	 	 	 	 	 	3% of shipments
	 
	 	Merchant Fees
	 	 	 	 	 	Actual incurred

	Naturade will pay Transition Costs based upon following:
	 	 	 	 
	 	 		1		 	Would pay a fixed fee of $20,000 per month, plus

	 	 		2		 	Actual salary and benefits up to a max, excess requires approval, plus,

	 
	 		3		 	Actual freight in and out, plus,
	 	 	 	 
	 
	 		4		 	Actual commissions.
	 	 	 	 

2EX-10.3

NATURADE, INC.

CONSULTING AGREEMENT

THIS CONSULTING AGREEMENT (this “Agreement”), shall be effective as of August 3, 2005
(the “Effective Date”), and is by and between:

	 	(i)	 	DOUGLAS WYATT, an individual (“Consultant”), and

	 	(ii)	 	NATURADE, INC., a Delaware corporation (the “Company”).

RECITALS

WHEREAS, the Company is engaged in, among other things, the business described in Exhibit
A attached hereto (the “Business”);

WHEREAS, Consultant has knowledge and experience related to the Services (as defined below);
and

WHEREAS, the Company and Consultant mutually desire to enter into an agreement whereby
Consultant will render services in the area of Consultant’s expertise on the terms and conditions
set forth herein.

AGREEMENT

NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth,
the parties hereto agree as follows:

1. Consultant’s Services

(a) Consultant agrees to perform the services as described in Exhibit A (the
“Services”), and as may be mutually amended in writing from time to time by the parties.

(b) Consistent with this requirement, Consultant may represent, perform services for, or be
employed by such additional persons or companies as Consultant sees fit, except to the extent doing
so causes Consultant to breach Consultant’s obligations under this Agreement or the Independent
Contractor Proprietary Information and Inventions Agreement (the “PIIA”) attached as
Exhibit B, or creates a conflict of interest.

(c) Consultant shall devote such time as may be reasonably necessary or appropriate to perform
the Services hereunder.

(d) While performing the Services hereunder, Consultant shall:

(i) conduct business with a reasonable standard of professionalism and in a manner that
reflects favorably at all times on the Company;

(ii) avoid deceptive, misleading or unethical practices;

(iii) make no representations, warranties or guarantees to any party with respect to the
Company, and only make statements regarding the Company that are consistent with the Company’s
published literature provided to it;

(iv) not make disparaging remarks regarding the Company;

(v) not engage in any acts or omissions that could reasonably be expected to damage in any
material respect the Company’s reputation;

(vi) comply with all material legal requirements, regulations and good business practices in
all applicable jurisdictions;

(vii) obtain and maintain at its own expense all licenses and government approvals required to
perform its obligations under this Agreement; and

(viii) refrain from appointing, directly or indirectly, any parties that are not Consultant’s
employees to assist Consultant in performing the Services without providing prior written notice
thereof to the Company.

(e) Upon request, Consultant shall provide the Company with written reports of the activities
of Consultant hereunder and the results thereof, and all other information requested by the Company
related thereto.

2. Compensation

As consideration for the services of Consultant hereunder, the Company agrees to pay
Consultant the fees set forth in Exhibit A, issue that number of shares of common stock of
the Company as set forth on Exhibit A.

3. Expenses

The Company agrees to only reimburse Consultant for all pre-approved expenses reasonably
incurred in the performance of the Services upon production of supporting receipts and
documentation. All such pre-approved expenses shall be paid to Consultant within ten (10) days
following Consultant’s submission of an invoice therefore to the Company. All invoices not
submitted within thirty (30) days following Consultant’s incurrence of the applicable expense shall
not be reimbursed by the Company. Time is of the essence with respect to this provision.

4. Term of Agreement

(a) This Agreement will become effective on the Effective Date and shall continue until the
termination date set forth in Exhibit A, or as otherwise terminated as provided herein.

(b) Either party may terminate this Agreement with or without cause at any time by giving
thirty (30) days’ advance written notice of termination to the other party.

(c) This Agreement shall terminate automatically upon the death of Consultant.

(d) Upon termination of this Agreement, Consultant shall be entitled to all compensation
earned prior to the effective termination date and reimbursement for all pre-approved expenses
incurred and properly invoiced prior to the effective termination date in accordance with
Section 3.  

(e) Upon termination of this Agreement, other than a termination by Consultant, a termination
pursuant to Section 4(c) or a termination by the Company pursuant to Section 5,
Consultant shall be entitled to all compensation provided for herein (even though not earned) from
the effective termination date through the termination date set forth in Exhibit A.

(f) Upon termination of this Agreement:

(i) Consultant shall return to the Company or destroy (at the Company’s option) and certify
such destruction in writing, all information and material relating to any customer or account of
the Company in the possession of Consultant, including, without limitation, all confidential
information, product literature, advertising, promotional sales aids and other materials supplied
to Consultant by the Company.

(ii) Consultant shall not make any statements or take any actions that harm or interfere with
the Company’s relationship with any accounts or customer. Further, Consultant shall cease
immediately to represent that it is a consultant to the Company.

(iii) Neither party shall be liable for damages of any kind (including, without limitation,
incidental, consequential or punitive damages) resulting from the termination of this Agreement.

5. Default

If either party materially defaults in the performance of this Agreement or the PIIA or
materially breaches any of the provisions of this Agreement or the PIIA, the non-breaching party
may terminate this Agreement if the breaching/defaulting party fails to cure such default or breach
within three (3) days of such party’s receipt of written notice thereof from the non-breaching
party. Termination shall be effective immediately upon receipt of notice, or five (5) days after
mailing of the notice, whichever occurs first.

6. Relationship of the Parties

(a) CONSULTANT SHALL HAVE NO AUTHORITY OR RIGHT TO (AND SHALL NOT) ENTER INTO ANY AGREEMENT
(IN THE NAME OF OR ON BEHALF OF THE COMPANY) BINDING UPON COMPANY. Only an authorized executive
officer of the Company shall have such authority and right.

(b) Consultant enters into this Agreement as, and shall continue to be, an independent
consultant. In no circumstance shall Consultant look to the Company as Consultant’s employer,
partner, agent, or principal. Neither Consultant nor any employee of Consultant shall be entitled
to any benefits accorded to the Company’s employees, including workers’ compensation, disability
insurance, retirement plans, or vacation or sick pay.

(c) Consultant, and not the Company, shall be responsible for obtaining, at Consultant’s
expense and in Consultant’s name, disability, workers’ compensation, or other insurance as well as
licenses and permits applicable to Consultant or usual or necessary for Consultant to perform the
Services. Consultant shall maintain professional liability and any other applicable insurance to
cover the Services in such amount and upon such terms as if customary and appropriate. Consultant
shall pay, when and as due, any and all taxes incurred as a result of Consultant’s compensation,
including estimated taxes and payroll taxes. Consultant indemnifies the Company for any claims,
losses, costs, fees, liabilities, damages, or injuries suffered by the Company arising from
Consultant’s breach of this provision.

(d) Consultant and the Company shall provide to each other upon request any information
reasonably necessary to determine their obligations under this Agreement, to fulfill the purposes
of the Services or to maintain accurate records.

7. Place and Manner of Work

(a) Consultant understands that the Services must coordinate with the Company’s established
protocols and security requirements and may from time to time need to be performed at the Company’s
premises.

(b) Consultant represents that Consultant has the qualifications and ability to perform the
Services in a professional manner, without the advice, control, or supervision of the Company.
Consultant shall be solely responsible for the professional performance of the Services.

(c) Consultant shall and does hereby indemnify, defend, and hold harmless the Company, and the
Company’s officers, directors, shareholders and representatives, from and against any and all
claims, demands, losses, costs, expenses, obligations, liabilities, damages, recoveries, and
deficiencies, including interest, penalties, and reasonable attorneys’ fees and costs, that the
Company may incur or suffer and that result from, or are related to, (i) the grossly negligent
performance of the Services and (ii) any material breach of, or material failure of Consultant to
perform any of, Consultant’s representations, warranties, and obligations in this Agreement or the
PIIA.

(d) The Company shall and does hereby indemnify, defend, and hold harmless Consultant from and
against any and all claims, demands, losses, costs, expenses, obligations, liabilities, damages,
recoveries, and deficiencies, including interest, penalties, and reasonable attorneys’ fees and
costs, that Consultant may incur or suffer and that result from, or are related to any material
breach of, or material failure of the Company to perform any of, the Company’s representations,
warranties, and obligations in this Agreement.

8. Arbitration

(a) All disputes between Consultant, including any employees of Consultant, and the Company
relating in any way to this Agreement or the Services to be performed under this Agreement
(including, but not limited to, claims for breach of contract, tort, discrimination, harassment,
and any violation of federal or state law) (“Arbitrable Claims”) shall be resolved by
arbitration before a neutral arbitrator.

(b) The arbitrator shall be selected and the arbitration hearing conducted pursuant to the
Commercial Arbitration Rules of the American Arbitration Association and shall take place in the
county set forth in Exhibit A, unless otherwise agreed by the parties. Arbitration shall
be final and binding upon the parties and shall be the exclusive remedy for all claims covered by
this arbitration provision. Either party may bring an action in court to compel arbitration under
this Agreement, to enforce an arbitration award or to obtain temporary injunctive relief pending a
judgment based on the arbitration award. Otherwise, neither party shall initiate or prosecute any
lawsuit or administrative action in any way related to any Arbitrable Claim.

(c) The Federal Arbitration Act shall govern the interpretation and enforcement of this
section, except if any court finds that the Federal Arbitration Act does not apply, the California
Arbitration Act shall govern the interpretation and enforcement of this section. If any court or
arbitrator finds that any term makes this section unenforceable for any reason, the court or
arbitrator shall have the power to modify such term (or if necessary delete such term) to the
minimum extent necessary to make this section enforceable to the fullest extent permitted by law.

(d) THE PARTIES HEREBY WAIVE ANY RIGHTS THEY MAY HAVE TO TRIAL BY JURY IN REGARD TO ARBITRABLE
CLAIMS, INCLUDING WITHOUT LIMITATION, ANY RIGHT TO TRIAL BY JURY AS TO THE MAKING, EXISTENCE,
VALIDITY, OR ENFORCEABILITY OF THIS AGREEMENT TO ARBITRATE.

9. Miscellaneous Provisions

(a) Assignment; Successors and Assigns. Consultant agrees that it will not assign,
delegate, transfer, or otherwise dispose of the Services without the written consent of the
Company. Nothing in this Agreement shall prevent the consolidation of the Company with, or its
merger into, any other corporation, or the sale by the Company of all or substantially all of its
properties or assets, or the assignment by the Company of this Agreement and the performance of its
obligations hereunder to any successor in interest or any affiliate of the Company. Subject to the
foregoing, this Agreement shall be binding upon and shall inure to the benefit of the parties and
their respective heirs, legal representatives, successors, and permitted assigns, and shall not
benefit any person or entity other than those enumerated above.

(b) Entire Agreement. The terms of this Agreement (including the Exhibits hereto) are
intended by the parties to be the final expression of their agreement with respect to the subject
matter of this Agreement and may not be contradicted by evidence of any prior or contemporaneous
agreement, except as expressly set forth in this Agreement. The parties further intend that this
Agreement shall constitute the complete and exclusive statement of its terms and that no extrinsic
evidence whatsoever may be introduced in any judicial, administrative, or other legal proceeding
involving this Agreement.

(c) Amendments; Waivers. This Agreement shall not be varied, altered, modified,
changed or in any way amended except by an instrument in writing executed by the parties hereto.
The failure of either party to insist on strict compliance with any of the terms, covenants or
conditions of this Agreement by the other party shall not be deemed a waiver of any term, covenant
or condition, nor shall any waiver or relinquishment of that right or power be deemed a waiver of
any other or subsequent failure.

(d) Severability; Enforcement. If any provision of this Agreement, or the application
thereof to any person, place, or circumstance, shall be held by an arbitrator or a court of
competent jurisdiction to be invalid, unenforceable, or void, the remainder of this Agreement and
such provisions as apply to other persons, places, and circumstances shall remain in full force and
effect, and such provisions shall be enforced to the fullest extent consistent with applicable law.

(e) Governing Law. Except as otherwise provided, the validity, interpretation,
enforceability, and performance of this Agreement shall be governed by and construed in accordance
with the law of the State of California, without giving effect to its law regarding the conflict of
laws.

(f) Interpretation. This Agreement shall be construed as a whole, according to its
fair meaning, and not in favor of or against any party. By way of example and not in limitation,
this Agreement shall not be construed in favor of the party receiving a benefit nor against the
party responsible for any particular language in this Agreement. Captions are used for reference
purposes only and should be ignored in the interpretation of this Agreement.

(g) Notices. Except as otherwise expressly provided herein, any notice or payment
required or permitted to be given or paid shall be deemed duly given or paid only if personally
delivered or sent by United States mail and shall be deemed to have been given when personally
delivered or two (2) days after having been deposited in the United States mail, certified mail,
return receipt requested, properly addressed with postage prepaid. All notices or demands shall be
effective only if given in writing. For purposes hereof, the addresses of the parties hereto
(until further notice of a change thereof is given as provided in this section) shall be at the
addresses set forth in Exhibit A.

(h) Headings. The various headings used in this Agreement are inserted for
convenience only and shall not affect the meaning or interpretation of this Agreement or any
provision hereof.

(i) Counterparts. This Agreement may be executed in one or more counterparts and via
facsimile, all of which together shall constitute a single agreement.

10. Acknowledgment. The parties acknowledge that (i) they each have had the
opportunity to consult with independent counsel of their own choice concerning this Agreement and
have done so to the extent they deem necessary, and (ii) they each have read and understand this
Agreement, are fully aware of its legal effect, and have entered into it freely based on their own
judgment and not on any promises or representations other than those contained in this Agreement.

[Signature Page Follows]

1

IN WITNESS WHEREOF, the parties have duly executed this Consulting Agreement as of the
Effective Date.

COMPANY:

	 	 	 
	NATURADE, INC.	 	 
	By:

Name:

Title:

	 	/s/StephenM.Kasprisin

Stephen M. Kasprisin

CFO
	 
	 	 
	CONSULTANT:

	 	

	 

	 	

	 
	 	 
	DOUGLAS WYATT, an individual

	 
	 	 
	By:/s/

Name:

	 	Douglas Wyatt

Douglas Wyatt
	 
	 	 

2

EXHIBIT A 

	 	I.	 	Description of the Company’s Business. (Recital A)

Wholesale sales to nutraceutical and health food industry.

     

     

     

	 	II.	 	Services to be Performed by Consultant. (§ 1(a))

Consultant shall use Consultant’s best efforts to assist the Company by providing such
consulting services as are reasonably requested by the Company, for a maximum of 100 hours
per year.

To advise and similarly assist the Company in matters relating to the marketing of new and
existing products (including the development of marketing materials), the production of new
and existing products and the formulation of new products and product ideas.

	 	III.	 	Consulting Fees. (§ 2)

$25,000.00 per year

Compensation

Payable: $2,083.33 per month

2,850,000 shares of common stock of the Company to be issued and fully earned as of the date
hereof

Reasonable amount of free product for personal use (not to exceed $100 in value (based on cost
of goods)) per month

	 	 	 	 	 	 	 
	
 
	 	 	 	     

Company

Initials
	 	     

Consultant

Initials
	 
	 	 	 	 	 	 

3

	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	IV.

	 	Termination Date. (§ 4(a))
	 	

	 	

	
 
	 	 
	 	

	 	

August 3, 2008.

	 	V.	 	Place of Arbitration. (§ 9) 

County of Orange or Los Angeles, California.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	VI.	 	Address for Notice. (§ 10(g))	 	 	 	 	 	 	 	 
	   Consultant:

	 	Douglas Wyatt
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	2301 West Highway 89A, Suite 107	 	 	 	 	 	 	 	 
	      Sedona, Arizona  86336
	 	 	 	 	 	 	 	 
	      Fax No.:  928-203-0279
	 	 	 	 	 	 	 	 
	   Company:

	 	Naturade, Inc.
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	14370 Myford Rd, #100	 	 	 	 	 	 	 	 
	      Irvine, CA  92606
	 	 	 	 	 	 	 	 
	      Attn:  Bill Stewart
	 	 	 	 	 	 	 	 
	      Fax No.:  714-573-4822
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	—	 	 	 	—	 
	         Company

	 	Consultant
	         Initials

	 	Initials

4

EXHIBIT B

INDEPENDENT CONTRACTOR INFORMATION AND 

INVENTIONS AGREEMENT

 

5

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