![]() The Consultant agrees that they will not disclose, divulge, reveal, report or use, for any purpose, any Confidential Information which the Consultant has obtained, except as authorized by the Client or as required by law. The Consultant will not be reimbursed for any additional expenses incurred in connection with providing the Services of this Agreement, except those stipulated in the Compensation clause in this Agreement.Ĭonfidential information (the "Confidential Information") refers to any data or information relating to the Client, whether business or personal, which would reasonably be considered to be private or proprietary to the Client and that is not generally known and where the release of that Confidential Information could reasonably be expected to cause harm to the Client. In the event that this Agreement is terminated by the Client prior to completion of the Services but where the Services have been partially performed, the Consultant will be entitled to pro rata payment of the Compensation to the date of termination provided that there has been no breach of contract on the part of the Consultant. Invoices submitted by the Consultant to the Client are due at time the capital raised is available to Client. ![]() Each Additional $50,000,000 raised earns an additional 50,000,000 free-trading common shares. An additional 1% for all funds deposited by May 31, 2020.Ĭlient will also award stock bonuses when Consultants' capital raise exceeds:ĥ.M. An additional 2% for all funds deposited by March 31, 2020ĥ. An additional 2.5% for all funds deposited by December 31, 2019.ĥ.K. An additional 3% for alt funds deposited before October 31, 2019.ĥ.J. Time is of the essence: Client desires to be fully funded and operational before the Bitcoin halving event scheduled to occur in May 2020, therefore, Client will also compensate Consultant for timely performance as follows:ĥ.1. on terms acceptable to Client, that was acquired through the efforts of the Consultant, the Client will pay to Consultant a commission based on the following tiered structure:Ĥ.F. The Client will issue an additional warrant for the Consultant to purchase 10,000,000 common shares of TCEL expires December 31, 2020.Ĭlient desires to incentivize the maximum amount of capital raised, therefpre, for all debt, equity, or in-kind capital that is invested in XTRA Bitcoin Inc. The Client will issue an additional warrant for the Consultant to purchase 10,000,000 common shares of TCEL expires July 27, 2020. The Client will pay the Consultant an upfront fee consisting on 10,000,000 common shares of TCEL and file notice with SEC. The Consultant will charge the Client for the Services as follows (the "Compensation"): Nothing in this agreement will interfere with the right of the Client to simultaneously raise capital.Įxcept as otherwise provided in this Agreement, all monetary amounts referred to in this Agreement are in USO (US Dollars). The Parties agree to do everything necessary to ensure that the terms of this Agreement take effect. In the event that either Party wishes to terminate this Agreement prior to the completion of the Services, that Party will be required to provide 30 days' written notice to the other Party. The term of this Agreement (the "Term") will begin on the date of this Agreement and will remain in full force and effect until Decemor the completion of the Services, subject to earlier termination as provided in this Agreement, or extended with mutual and written consent by both parties. The Consultant hereby agrees to provide such Services to the Client. The Services will also include any other consulting tasks which the Parties may agree on. 5.Name, Bio, and picture on Client website. Consult with Client's CEO during capital raise. Raise capital for expansion of XTRA Bitcoin Inc. Serve as Advisor for Corporate Finance and Investor Strategies. The Client hereby agrees to engage the Consultant to provide the Client with the following consulting services (the "Services"): ![]() in this Agreement, the receipt and sufficiency of which consideration is hereby acknowledged, the Client and the Consultant (individually the "Party" and collectively the "Parties" to this Agreement) agree as follows: ![]() IN CONSIDERATION OF the matters described above and of the mutual benefits and obligations set forth. The Consultant is agreeable to providing such consulting services to the Client on the terms and conditions set out in this Agreement. ![]() The Client is of the opinion that the Consultant has the necessary qualifications, experience and abilities to provide consulting services to the Client. THIS CONSULTING AGREEMENT (the "Agreement") dated this 30th day of September, 2019 BETWEEN: EX-10.1 2 therapy_8k-1001.htm CONSULTING AGREEMENT ![]()
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