SEC Contract Filing

Filing Date: 2021-04-08

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>cosm_ex101.htm
<DESCRIPTION>CONSULTING AGREEMENT
<TEXT>
<html><head><title>cosm_ex101.htm</title><!--Document created using EDGARMaster--></head><body style="TEXT-ALIGN: justify; FONT: 10pt times new roman; MARGIN-LEFT: 7%; MARGIN-RIGHT: 7%"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;"><strong>EXHIBIT 10.1</strong></p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>CONSULTING AGREEMENT</strong></p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp; </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">This Consulting Agreement (this &#8220;<strong>Agreement</strong>&#8221;) is made, effective as of the 5th day of February 2021 by <strong>Cosmos Holdings, Inc., </strong>with an office located at 141 West Jackson Blvd, Suite 4236, Chicago, IL 60604 (the &#8220;<strong>Company</strong>&#8221; or &#8220;<strong>COSM</strong>&#8221;) and _________________________(the &#8220;<strong>Consultant</strong>&#8221;). This Agreement memorializes what the Parties agreed to as of February 5, 2021.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>RECITALS</strong></p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"><strong>WHEREAS,</strong> the Consultant is in the business of assisting companies in financial advisory, strategic business planning, investor relations, broker liaison for capital and market events and corporate communications services;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"><strong>WHEREAS,</strong> the Company desires to engage Consultant to perform consulting services relating to Company management, governance, debt structure, capital structure, business plans, and business development in connection with any capitalization transactions involving the Company and any newly created or existing entities;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"><strong>WHEREAS,</strong> the Company recognizes that the Consultant is not in the business of stock brokerage, investment advice, activities which require registration under the Securities Exchange Act of 1934 (hereinafter the &#8220;<strong>Exchange Act</strong>&#8221;), underwriting, investment banking, is not an insurance Company, nor does it offer services to the Company which may require regulation under federal or state securities laws; and</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"><strong>WHEREAS,</strong> the Parties agree, after having a complete understanding of the services desired and the services to be provided, that the Company desires to retain Consultant to provide such assistance through its services for the Company, and the Consultant is willing to provide such services to the Company.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>AGREEMENTS</strong></p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"><strong>NOW, THEREFORE,</strong> in consideration of the mutual promises, covenants and agreements contained herein, and for other good and valuable consideration, the receipt and adequacy of which is expressly acknowledged, Company and Consultant agree as follows:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">1. <u>Advisory Services</u>. The Company hereby engages Consultant and Consultant hereby accepts the engagement to perform services at the request of the Company, which may include the services described in &#8220;Exhibit A - Scope of Services and Goals (the &#8220;<strong>Advisory Services</strong>&#8221;). The Parties understand and agree that due to the extensive knowledge, contacts, and experience of the Consultant that it would not make itself available to the Company without this firm engagement upon the terms stated in this Agreement or otherwise than for all cash payments, and that the compensation being paid in the form of restricted common stock or its equivalent, is being accepted by the Consultant as an accommodation to the Company due to its lack of sufficient cash, capital and structure and business at this point. Consultant shall report directly to the Chief Executive Officer and the Chief Financial Officer of the Company.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: