BARTER AND MARKETING SERVICES AGREEMENT by Coronado Corp.

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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
ex10-13.htm
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:

A.
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

B.
Vampt desires to engage the services of VamptX.

In consideration of the premises and covenants set forth herein, the Parties agree as follows:

1) 
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:
 
(a)  
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;
 
(b)  
To manage Vampt's inventory of barter currency and to expend the same on advertising and product awareness services;
 
(c)  
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.

2) 
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.
 
3) 
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.
 
4) 
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.
 
5) 
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.
 
6) 
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.
 
7) 
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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