We are delighted that The William Smith Company, LLC, has asked Capital Edge, LLC, to advise The William Smith Company with respect to its business development matters. In consideration of the mutual benefits contained in this document, the following will set forth our agreement: 1. Capital Edge shall be The William Smith Company’s business consultant throughout the
Term (as defined below) and when reasonably requested by The William Smith Company during the Term, Capital Edge agrees to advise William Smith Company in connection with its business. Capital Edge shall only be required to provide reasonable advisory services under this Agreement. Such services shall include advising the Company with respect to:
a. The William Smith Company’s capital raising strategy and tracking and preparation of presentation materials and “deck” for the same;
b. The William Smith Company’s strategy, direction and growth (including adding other team members);
c. Identification and securing of advisors, contractors, vendors, endorsements and strategic alliances, including distributors of Company’s products;
d. Identification of and helping to secure new business opportunities;
e. Structuring of Company and relationships for proper incentives for all The
William Smith Company’s participants and stakeholders; and
f. Other matters mutually and specifically agreed upon.
2. The term of this Agreement will run for an initial period of twelve (12) months, and shall automatically extend for additional six (6) month periods, unless either Capital Edge or
Company cancel the Term as permitted in accordance with the contract to paragraph 8 of this Agreement by notice delivered no more than 90 days and no fewer than 30 days prior to the end of the Initial Term or the thencurrent Extension Term.
3. a. Capital Edge shall receive a nine percent (9%) nondilutable interest in The William
Smith Company upon execution of this Agreement.