Document:

iorg8kex109052611.htm

 

 

Exhibit 10.9

FORM OF CONSULTING AGREEMENT

THIS CONSULTING AGREEMENT (the “Agreement”) is effective as of the 23rd day of May, 2011, by and between INTREorg Systems, Inc., a Colorado corporation (the “Company”), Cicerone Corporate Development, LLC, a Texas limited liability company (the “Consultant”).

WHEREAS, the Company is a development-stage company organized for the purpose of providing internet consulting and “back office” services to companies, as well other lawful business opportunities as decided upon by the board of directors, and desires advice regarding business strategies, capital raising and business planning;

WHEREAS, Consultant has expertise in the areas of corporate structuring, strategic planning and capital raising; and

WHEREAS, the Company desires to engage Consultant to provide consulting services relating to implementation of corporate strategies, achievement of market listing standards, debt and equity financings, and corporate governance and shareholder matters (the “Consulting Services”).

NOW, THEREFORE, in consideration of the foregoing and the mutual promises herein contained, the parties hereto agree as follows:

1. Services to Be Provided, Scope of Agreement, and Relationship of the Parties

(a) The Company hereby agrees to engage Consultant to provide the Consulting Services, and Consultant agrees to such engagement, on the terms and conditions set forth in this Agreement.  In that regard, Consultant agrees to make itself available to the Company during normal business hours for reasonable periods of time, subject to reasonable advance notice and mutually convenient scheduling, for the purpose of attending meetings of management and the Board of Directors, as may be requested by the Chairman of the Board of the Company; assisting the Company in the preparation of reports, summaries, profiles, due diligence packages, and other material and documentation in connection with proposed acquisitions; and capital raising and business planning, in each case as and to the extent requested by the Chief Executive Officer of the Company.

(b) The Company acknowledges that Consultant has many other business interests and will devote as much time as in its discretion as necessary to perform its duties under this Agreement.  In addition, the Company acknowledges that Consultant’s efforts on behalf of his other interests are the sole and separate property of Consultant.

(c) The services rendered by Consultant to the Company pursuant to this Agreement shall be as an independent contractor, and this Agreement does not make Consultant the employee, agent, or legal representative of the Company for any purpose whatsoever, including without limitation, participation in any benefits or privileges given or extended by the Company to its employees.  No right or authority is granted to Consultant to assume or to create any obligation or responsibility, express or implied, on behalf of or in the name of the Company, except as may be set forth herein.  In that regard, Consultant agrees that it shall act solely at the express direction of the Company’s Chief Executive Officer and shall coordinate all contacts with third parties, including without limitation potential sources of capital, through the Chief Executive Officer.  The Company shall not withhold for Consultant any federal or state taxes from the amounts to be paid to Consultant hereunder, and Consultant agrees that it will pay all taxes due on such amounts.

 

 

  

  

  

(d) Consultant shall provide the Company with such other advisory and consulting services as the Company may specifically request.  Specific fees for each separate service rendered by Consultant shall be established at the time Consultant is requested to undertake each service.

2. Compensation

(a)           As compensation for its Consulting Services hereunder, the Company will issue to Consultant each month during the term of this Agreement 20,000 shares of its Common Stock and 20,000 warrants to purchase Common Stock.  The warrants shall have an exercise price per share equal to the closing sale price of the Common Stock on the date of issue, shall be exercisable for two years from the date of issue, and shall provide for a “cashless” or “net issue” exercise.  The foregoing shares and warrants shall be issued as of the last business day of each month, and shall be delivered to Consultant as soon as reasonably practicable.

(b)           [Intentionally Omitted].

3. Expenses

The Company shall reimburse Consultant for all pre-approved reasonable and necessary expenses incurred by it in providing the Consulting Services under this Agreement. Consultant shall submit related receipts and documentation with its request for reimbursement.

4. Renewal; Termination

(a) This Agreement shall continue in effect until terminated by the parties. Either of the parties may terminate this agreement after 6 months by written notice 30 days in advance, however any finders fees due for cash raised shall remain due and payable.

(b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof.

(c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.

 

 

  

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5. Confidential Information

(a) “Confidential Information,” as used in this Section 5, means information that is not generally known and that is proprietary to the Company or that the Company is obligated to treat as proprietary.  This information includes, without limitation:

	
(i)  

	
Trade secret information about the Company and its operations, plans, strategies, sources of capital, acquisition targets and financial results;

	
(ii)  

	
Information concerning the Company’s business as the Company has conducted it since the Company’s incorporation or as it may conduct it in the future; and

	
(iii)  

	
Information concerning any of the Company’s past, current, or possible future products, including (without limitation) information about the Company’s research, development, engineering, purchasing, manufacturing, accounting, marketing, selling, or leasing efforts.

(b) Any information that Consultant reasonably considers Confidential Information, or that the Company treats as Confidential Information, will be presumed to be Confidential Information (whether Consultant or others originated it and regardless of how it obtained it).

(c) Except as required in its duties to the Company, Consultant will never, either during or after the term of this Agreement, use or disclose confidential Information to any person not authorized by the Company to receive it.

(d) If this Agreement is terminated, Consultant will promptly turn over to the Company all records and any compositions, articles, devices, apparatus and other items that disclose, describe, or embody Confidential Information, including all copies, reproductions, and specimens of the Confidential Information in its possession, regardless of who prepared them.  The rights of the Company set forth in this Section 5 are in addition to any rights of the Company with respect to protection of trade secrets or confidential information arising out of the common or statutory laws of the State of Colorado or any other state or any country wherein Consultant may from time to time perform services pursuant to this Agreement.  This Section 5 shall survive the termination or expiration of this Agreement.

(e) Consultant hereby acknowledge, on behalf of its members, managers, affiliates, attorneys, advisors, agents and representatives (“Representatives”), that it is aware (and that its Representatives who are apprised of this matter have been advised) of Consultant’s responsibility under the U.S. federal securities laws with respect to purchasing or selling securities of a company about which Consultant (or its Representatives) have material nonpublic information and agree that Consultant and its Representatives will not use, nor cause any third party to use, any information in contravention of such securities laws or any rules or regulations promulgated thereunder.

 

 

  

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6. False or Misleading Information

The Company agrees to use commercially reasonable efforts to provide Consultant with accurate financial, corporate, and other data reasonably requested by Consultant in connection with the performance with its services hereunder.  The Company hereby indemnifies Consultant from any and all out-of-pocket costs, expenses or damages incurred, and holds Consultant harmless from any and all claims and/or actions that may result solely and directly from the Company’s intentional breach of this covenant.

7. Miscellaneous

(a) Successors and Assigns.  This Agreement is binding on and ensures to the benefit of the Company, its successors and assigns, all of which are included in the term the “Company” as it is used in this Agreement and upon Consultant, its successors and assigns.  Neither this Agreement nor any duty or right hereunder will be assignable or otherwise transferable by either party without the written consent of the other party, except that the Company shall assign this Agreement in connection with a merger, consolidation, assignment, sale or other disposition of substantially all of its assets or business.  This Agreement will be deemed materially breached by the Company if its successor or assign does not assume substantially all of the Company’s obligations under this Agreement.

(b) Modification.  This Agreement may be modified or amended only by a writing signed by both the Company and Consultant.

(c) Governing Law.  The laws of Texas will govern the validity, construction, and performance of this Agreement.  Any legal proceeding related to this Agreement will be brought in an appropriate Texas court, and both the Company and Consultant hereby consent to the exclusive jurisdiction of that court for this purpose.

(d) Construction.  Wherever possible, each provision of this Agreement will be interpreted so that it is valid under the applicable law.  If any provision of this Agreement is to any extent invalid under the applicable law, that provision will still be effective to the extent it remains valid.  The remainder of this Agreement also will continue to be valid, and the entire Agreement will continue to be valid in other jurisdictions.

(e) Waivers.  No failure or delay by either the Company or Consultant in exercising any right or remedy under this Agreement will waive any provision of the Agreement, nor will any single or partial exercise by either the Company or Consultant of any right or remedy under this Agreement preclude either of them from otherwise or further exercising these rights or remedies, or any other rights or remedies granted by any law or any related document.

(f) Captions.  The headings in this Agreement are for convenience only and do not affect this Agreement’s interpretation.

 

 

  

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(g) Entire Agreement.  This Agreement supersedes all previous and contemporaneous oral negotiations, commitments, writings, and understandings between the parties concerning the matters in this Agreement.

(h) Notices.  All notices and other communications required or permitted under this Agreement shall be in writing and sent by registered first-class mail, postage prepaid, and shall be effective five days after mailing to the attention of the signatories to this Agreement at the addresses stated below.  These addresses may be changed at any time by like notice.

 

 

	 	In the case of the Company:  	Donal R. Schmidt, Jr., CEO 
	 	 	INTREorg Systems, Inc. 
	 	 	2600 East Southlake Boulevard 
	 	 	Suite 120-366 
	 	 	Southlake, TX 76092 
	 	 	Phone:  (817) 491-8611 
	 	 	Fax: (817) 491-4955 
	 	 	 
	 	 	 
	 	In the case of Consultant: 	Harry McMillan, Manager/Member 
	 	 	Cicerone Corporate Development, LLC. 
	 	 	2600 East Southlake Boulevard 
	 	 	Suite 120-366 
	 	 	Southlake, TX 76092 

                                                                

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date and year first above written.

	
INTREorg Systems, Inc.

	  	
Cicerone Corporate Development, LLC.

 

	
Signature

	  	
Signature

	
Name: Donal R. Schmidt, Jr.

	  	
Printed Name: Harry McMillan

	
Title:Chief Executive Officer

	  	
Title: Manager/Member

 

 

 

 

  

5bthcxv8kex101052311.htm

 

 

Exhibit 10.1

 

                  No.: 2011 ICBC Junan Bao 0005#

 

CONTRACT OF GUARANTEE

 

 

 

 

 

 

 

 

 

 

 

NOTE: The contract is made based on equality and free will under a negotiation pursuant to relevant Laws; any Articles of the contract shall be a true representation of both parties’ Position. To protect the legal equity of Guarantor, the Creditor friendly reminds Guarantor to pay more attention to the text written in bold.

 

 

 

 

 

 

 

	CREDITOR:	INDUSTRIAL & COMMERCIAL BANK OF CHINA CO., LTD JUNAN BRANCH hereinafter referred as “Party A”
	 	 
	     Principal: 	CHUNCANG ZHANG
	 	 
	     Business Add: 	Shiquan Rd. Junan county
	 	 
	     Tel & Fax:	0539-7223715
	 	 
	 	 
	GUARANTOR:	SHANDONG LONGKONG TRAVEL MANAGEMENT CO., LTD hereinafter referred as “Party B”
	 	 
	Corporate representative:	SHANJIU ZHANG
	 	 
	Business Add/Residence Add: 	Yishui County, Linyi City
	 	 
	Tel & Fax: 	0539-2553788

 

                                                             

To ensure Party A’s equity getting realized, Party B provide the Party A the Guarantee (Counter-Guarantee) of its own accord. To confirm each party’s rights and obligations, both parties agreed to sign the Contract under an equal negotiation pursuant to Contract Law, Security Law, and other relevant Regulations.

 

Article 1: Guaranteed Main Creditor’s Right

 

	
1.1  

	
The main Creditor’s Right is contained in the main contract: Working capital Loan Contract No.: 2011 ICBC Junan 0006 (hereinafter referred as Main Contract) signed between Party A and Party B Shandong Green Food Co., Ltd, hereinafter referred as Debtor. on 27th -1-2011.

 

 

  

  

  

 

	
1.2  

	
The amount and period of the Main Debt describing under Main Contract.

 

Article 2: Guarantee Type

The type of Guarantee provided by Party B shall be Joint Guarantee.

 

Article 3: Scope of Guarantee

 

The scope of Guarantee provided by Party B shall contains of Main debt principal, interest, compound interest, penalty interest, penalty, compensation, exchange rate loss (loss caused by exchange rate floating) and cost to realize the creditor’s right(including but not limited to, lawsuit expense, attorney fee).

 

Article 4: Period of Guarantee

 

	
4.1

	
The Main Contract is a contract of loan, the period of Guarantee under the Contract shall be 2 years starting from the date that loan is due; Part A declares the loan is due in advance, the period of Guarantee shall be 2 years starting from the due date in advance.

 

	
4.2

	
The Main Contract is a bank acceptance agreement, the period of Guarantee shall be 2 years starting from the date that the next day when Party A accepts the bills.

 

 

  

  

  

 

	
4.3

	
The Main Contract is an agreement of Guarantee, the period of Guarantee shall be 2 years starting from the date that the next day when Party A carries out the guarantee obligation.

 

	
4.4

	
The Main Contract is a contract of opening L/C, the period of Guarantee shall be 2 years starting from the date that the next day when Party B pays the money under the L/C.

 

	
4.5

	
The Main Contract is other financing document, the period of Guarantee shall be 2 years starting from the date that the Main Debt is due or due in advance.

 

 

Article 5: Statements and Warranties of Party B

 

Party B states and guarantees as following:

 

	
5.1   

	
Qualified for a Guarantor by laws; the Guarantee provided to Party A that already got all necessary approval or permit pursuant to the procedure and authoring power of Articles of Association, without breaching any laws, regulations and other relevant rules.

 

	
5.2   

	
Party B is a public company or controlled by a public company, it shall ensure that provide the disclosure related to the information of carrying out the Guarantee pursuant to Security Act, or Security Exchange Act, or other laws, regulations and rules.

 

	
5.3

	
Party B has sufficient power to carry out the Guarantee responsibility; any dictates, changing on financial situation, any agreement signed with a third party shall cause no any exemption and deduction to the Guarantee obligation.

 

 

  

  

  

 

	
5.4   

	
Party B shall acknowledge the purpose of the debt under Main Contract completely, provide the Guarantee for Debtor with a free-will; the representation of the position shall be true.

 

	
5.5

	
Any data or information provided to Party B shall be real, correct, and complete, without false record, material missing or misleading statement.

 

	
5.6 

	
Party B is a natural person, he shall state and guarantee as following:

 

A. a person with complete capacity for civil rights and civil conduct;

 

B. with a legal earning and sufficient debt repaying capacity;

 

C. without a bad credit record related to overdue loan, owning interest, intentionally overdrawing a credit card, welshing.

 

D. without a bad habit, such as gambling or drug abuse, etc., and criminal record.

 

E. a guarantee related to consent from his/her wife/husband shall be provided to Party A.

 

Article 6: Commitment of Party B

 

Party B commits to Party A as following:

 

	
6.1 

	
In one of such events, the Guarantee obligation shall be carried out by Party B in 5 days after informed by Party A.

 

A. The debtor fails to repay as the Main Debt due (including due in advance)

 

 

  

  

  

 

B. Such events occur to Party B or Debtor: bankrupt, dismiss, liquidation, suspension, business license withdrawn, cancellation.

 

	
6.2

	
The Main Debt to Party A is under a security for thing which provided by debtor or by a third party, Party A may request Party B to carry out the Guarantee first, or request Party B and Guarantor under a thing to carry out the guarantee at the same time, Party B shall not plead it. The Guarantee obligation shall remain unchanged even if Party B waives or changes or loses the other Guarantee.

 

	
6.3

	
provide financial information, tax return and other information related to financial situation;

 

	
6.4

	
Such events occur, the consent from Party B may not need; and Party B shall continue to carry on the Guarantee obligation under the Contract.

 

A. Party A and Debtor both agree to change the Main Contract, but not add more obligation and undertaking.

 

B. A floating rate is taken in the Main contract or People’s Bank of China adjusts the Stand Loan Rate, which causes the amount in Main Contract changed.

 

C. Party A transfers the Main creditor’s right to a third party.

 

	
6.5

	
Providing other Guarantee to a third party shall not affect Party B’s equities.

 

 

  

  

  

 

	
6.6

	
In such events, reform to a shareholding company, joint venture, consolidation, merger, business affiliated, stock ownership, transfer material asset, transfer creditor’s right, and other matters may cause a negative influence on Party A’s equities under the Contract, Party B shall inform Party A in 30days advance about above matters, and a writing consent shall be obtain from Party A, or provide an arrangement related to the guarantee under the Contract accepted by Party A, otherwise, such above actions shall not be carried out.

 

	
6.7

	
One of following matters occurs, inform Party A in time.

 

A. Any changing or amendment or modifying on such items: Articles of association, business scope, registered capital, corporate representative, stock ownership.

 

B. Suspended, dismissed, liquidation, suspend for rectification, bushiness license withdrawn, cancelled or bankrupt requird.

 

C. involved or being involved a material economic dispute, a lawsuit, arbitration; or asset and property is sealed up, seized or supervised.

 

D. Party B is a natural person, living address, company working with, contact method changed.

 

	
6.8

	
To sign the received informing letter from Party A in time.

 

Article 7: Party A’s commitment

 

Party A commits that: to keep such items confidential that provided by Party B, relevant documents, financial information and the non-disclosing information contained in other relevant documents.

 

 

  

  

  

 

Article 8: Breach of Faith

 

	
8.1

	
The contract becomes effective, any party fails to carry out the obligation under the Contract, or breach any statement, guarantee, commitment under the Contract, which shall be regarded as Breach Contract. Any loss caused by above Breach Contract, the compensation shall be provided to another party.

 

	
8.2

	
Party B fails to carry out the Guarantee obligation under the Contract, Party A may draw or deduct the money to repay the Debt under the Main Contract from the accounts that Party B opened with Industrial & Commercial Bank of China or its branch or affiliated agency. The basis currency of above accounts is different from the Debt, a current foreign exchange rate shall be taken to calculate the amount shall be drawn or deducted at the date that the money is drawn or deducted.

 

	
8.3 

	
Any party breaches the Contract, another party may take any legal actions under the Laws, Regulations or rules of People’s Republic Country of China with an exception that stipulated under another agreement.

 

Articles 9: Becomes Effective, Alteration and Termination

 

	
9.1

	
 The Contract shall be effective from the day signed.

 

 

  

  

  

 

	
9.2

	
 Any alteration to the Contract shall be carried out in writing under a negotiation between both parties. The altered clauses or agreement shall be the part of the Contract with the same legal effect. The rest part except the altered sections of the Contract remains unchanged legal effect, prior to going effective of the altered sections.

 

	
9.3 

	
Any clause of the Contract becomes invalid or unrealizable, which shall not cause any influence on the other clauses remaining effective and realizable.

 

	
9.4 

	
The alteration or termination of the contract, which shall not have any influence on each party to claim a compensation, or the article about dispute settlement.

 

Article 10: Dispute Settlement

 

The signing, effect, explanation, carrying out and dispute settlement of the Contract are applied for laws of People’s Republic Country of China. Any dispute or issue related to the Contract shall be resolved by a negotiation between both parties; otherwise, the option B shall be selected:

 

A.  Submit arising dispute to the arbitration associate of NULL, following the current Arbitration Regulations when the dispute is submitted, the arbitration shall take place in ___NULL______(address). The Arbitration award shall be regarded as the final settlement and both parties shall abide by it.

 

 

  

  

  

 

B.  Go to court locating where the Party A located in.

 

Article 11: Other Provision

 

	
11.1

	
 Without a consent in writing from Party A, Party B shall not transfer total or part rights or obligations of the Contract.

 

	
11.2

	
Party A fails to carry out or partly carry out or delays to carry out any right under the Contract, which shall not be regarded as waiving the right or waiving/altering other rights, without any influence on carrying out the right or any other right.

 

	
11.3

	
Pursuant to relevant laws, regulations or other rules under certain regulation documents or requirement of Financial Supervision Authority, party A may provide the information or other relevant information that related to the Contract to the Basic Database of Credit Information of Bank of China or other database set up by laws, such above data may be accessible to qualified organizations and Persons to check up. Also the Party A shall check up the Party B’s information in above database to preparing the Contract.

 

Articles 12: Other Matter Accept by Both Parties

 

	
12.1

	
________________________NULL_____________________.

 

	
12.2

	
 _______________________NULL_____________________.

 

 

  

  

  

 

 

	Party A:  	Industrial and Commercial Bank of China 	 
	 	 	 
	 	Junan Branch(sealed) 	 
	 	 	 
	Authorized Representative:  	 Chunchang Zhang (signed)	 
	 	 	 
	 	 	 
	 	 	 
	Party B:	Shandong Longkong Travel Management Co.,LTD  (sealed) 	 
	 	 	 
	Corporate Representative/Authorized proxy:	 Shanjiu Zhang(sealed)	 
	 	 	 
	Date: 27-1-2011

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