BARTER AND MARKETING SERVICES AGREEMENT by Coronado Corp.
Company: Coronado Corp.
SEC CIK: 1365022
SEC Type: EX-10.13
SIC Code: 8000
SIC Industry: SERVICES-HEALTH SERVICES
Date Filed: 2012-05-11
Date Filed:
05/11/2012 SKU: RDUC4W-C-2C-G
BARTER AND MARKETING SERVICES AGREEMENT
THIS AGREEMENT is dated made as of March 14, 2012 (the "Effective Date") between VamptX Corp ("VamptX"), a company formed under the laws of Nevada,
and Vampt Beverage USA Corp. ("Vampt")., a company incorporated under the laws of
Nevada.
WHEREAS:
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A.
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VamptX has agreed to assume the provision of advertising/product awareness, consumer loyalty,
market procurement, customer retention, customer services and barter services for Vampt in
accordance with the terms of this Agreement; and
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B.
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Vampt desires to engage the services of VamptX.
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In consideration of the premises and covenants set forth herein, the Parties agree as
follows:
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1)
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Engagement and
Services. Vampt hereby
engages VamptX, and VamptX hereby accepts such engagement, to provide the services of recital "A"
and the services (the "Services") as
follows:
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(a)
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To provide advertising/product awareness, consumer loyalty, market procurement, customer retention,
customer services and barter services for the products of Vampt at a price of cost plus 5% on a
first right basis. The Services and budget shall be agreed between the parties prior to
implementation;
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(b)
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To manage Vampt's inventory of barter currency and to expend the same on advertising and product
awareness services;
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(c)
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To engage barter services for Vampt product and advertising entirely at the risk of
VamptX. Any currency risk, loss or liability shall be solely that of
VamptX. This risk shall extend to management of Vampt's barter inventory.
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2)
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Standard of
Conduct.
Vampt shall properly and punctually perform the Services in a good, workmanlike and commercially
reasonable manner and in accordance with prudent methods, procedures and practices and with the
standard of diligence and care normally exercised by adequately qualified and experienced persons
in the performance of comparable services.
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3)
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Term. The term of this
Agreement will begin on the Effective Date and end on the date immediately preceding the 5th
anniversary of the Effective Date, unless earlier terminated in accordance with the terms of this
Agreement.
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4)
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Consideration.
In consideration of this Agreement and the assumption by VamptX of the above stated risks, Vampt
agrees to sell to VamptX 1,000,000 common shares of Vampt at a price of $0.0001 per share.
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5)
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Authority. VamptX
will have full right, power and authority to do and refrain from doing all such things as are
necessary or appropriate in order to discharge its duties under this Agreement and to provide the
Services. VamptX shall have a complete perpetual license to use the name VamptX.
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6)
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Subcontracting. VamptX may
subcontract the performance of the Services at no additional cost to the Vampt, provided that the
subcontracting of such Services shall not relieve VamptX of its obligations under this
Agreement.
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7)
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Reimbursement of
Expenses.
Vampt shall pay on behalf of VamptX (or reimburse VamptX for) the reasonable expenses incurred by
Vampt in the performance of the Services in accordance with approved budgets, including without
limitation reasonable expenses related
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