CONSULTATION AGREEMENT
THIS CONSULTATION AGREEMENT( Consultation Agreement )made and entered into this day of 1980, by and between KAMOTO & CO.,LTD.(hereinafter referred to as KAMOTO ),a Japanese Corporation,having its place of business at 11, Nihonbashi 1-chome, Chuo-ku, Tokyo,Japan and CAIN HOME PRODUCTS, INC.(hereinafter referred to asCAIN),a New York Corporation, having its place of business at 1234North Avenue, Albany, New York 12205, U.S.A.
WITNESSETH THAT :
WHEREAS, KAMOTO desires to establish a corporation in New York to import and distribute Kamoto's products in the U.S. ; and
WHEREAS, KAMOTO presently intends to set up a liaison office in Albany, New York in order to conduct preparatory activities for KAMOTO's substantial business activities in the U.S. ; and
WHEREAS, KAMOTO desires to obtain the benefit of the consultation and services of CAIN in connection with the conduct of the business presently or in the future being carried on by KAMOTO and/or KAMOTO's wholly owned subsidiary company in the U.S. and CAIN is willing to render much services on the terms herein set forth,
NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements hereinafter set forth, it is covenanted and agreed as follows :
Article 1. Consultation
CAIN Is hereby employed by KAMOTO as consultant for consultation period commencing on the Effective Date of this Agreement ad ending three(3) months thereafter(the Consultation Period ). If for any reason the Agreement Is not consummated, this Agreement shall be without effect and neither party shall have any liability to the other hereunder.
Article 2. Scope of Services
CAIN shall provide consultation, advice and other services to KAMOTO with regard to gas detectors and smoke detectors, surveys on the market trends and future prospects of the above detecting instruments and devices,and any other specific subjects to which |