Attached files
| file | filename |
|---|---|
| 10-K - CannAwake Corp | v181162_10k.htm |
| EX-32.1 - CannAwake Corp | v181162_ex32-1.htm |
| EX-31.1 - CannAwake Corp | v181162_ex31-1.htm |
| EX-31.2 - CannAwake Corp | v181162_ex31-2.htm |
| EX-32.2 - CannAwake Corp | v181162_ex32-2.htm |
| EX-10.59 - CannAwake Corp | v181162_ex10-59.htm |
EXHIBIT
10.58
Agreement
THIS
AGREEMENT dated as of fective Date of Agreement ( November 1st, 2009)
between Delta Mutual, Inc. a public company , of 14362 Frank Lloyd Wright Blvd.
Suite 1103, Scottsdale, AZ. 85260 is (the "1st Party") and ValuCorp of 11811
North Tatum Blvd., Suite 3031, Phoenix, AZ. 85028, of (the "2nd
Party").
IN
CONSIDERATION of the mutual covenants and conditions hereinafter set forth and
for other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties agree as follows:
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1.
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ValuCorp
agrees to provide the services of Mr Michael Gilburd, ASA, MST, as acting
Intim Chief Finacial Officer of Delta Mutual, Inc. The parties acknowledge
that ValuCorp whose services are engaged is an independent contractor and
is not an employee of Delta Mutual, Inc. and is not subject to any
employee benefits or insurance.
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2.
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Said
Services shall begin starting with the month of November
2009.
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3.
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ValuCorp
shall be paid a monthy fee of US$5,000.00 per month on or about the
25th.
Of each month for that current month. If out of town travel isrmi4ed by
the 1st
company, to the 2nd.
company, then an additional $1,500, per day expenses shall be added to the
monthly charge. Further, ValuCorp acknowledges that it has received
payment covering the months of November and December 2009 as well as
prepayment for the months of January and February 2010. ValuCorp's
services shall include (but not limited to) those items, project and
responsibilities as listed in the attached schedule, marked "Schedule A"
and sub headed "CFO". The parties acknowledge that upon determination by
either party that effective March 1st
2010, either party may provide a 10 notice to either party of its
determination to cease said agreement without further compensation to
ValuCorp. It is further stated that during the contracted period, ValuCorp
(via Michael Gilburd) shall be permitted to "hold himself out to the
public" as the intrim CFO of Delta Mutual, Inc. ValuCorp has acknowledged
that weekly scheduled meetings with the Management of Delta Mutual, Inc.
are incorporated into the responsibility of this
agreement.
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4.
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This
Agreement is sets forth the entire agreement between the parties relating
to the subject matter hereof and stands in the place of any previous
agreement, whether oral or in writing. The parties agree that no amendment
to this Agreement shall be binding upon the parties unless it is in
writing and executed by both
parties.
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5.
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This
Agreement shall enure to the benefit of and be binding upon the respective
heirs, executors, administrators and assigns of each of the parties
hereto.
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6.
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This
Agreement may be executed in one or more counterparts, each of which when
so executed shall be deemed to be an original and such counterparts
together shall constitute one and the same
instrument.
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7.
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The
parties acknowledge that this Agreement may be negotiated and transmitted
between the parties by means of a facsimile machine and that the terms and
conditions agreed to are binding upon the parties. Upon the Agreement
being accepted, copies of the facsimile will be validated by both parties
forthwith.
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| IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date first above written. |  |
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SCHEDULE
A
SUMMARY
Responsible
for all financial and fiscal management aspects of company operations. Provide
leadership and coordination in the administrative, business planning, accounting
and budgeting efforts of the company.
PRIMARY
RESPONSIBILITIES
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1.
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Create,
coordinate, and evaluate the financial programs and supporting information
systems of the company to include budgeting, tax planning, real estate,
and conservation of assets.
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2.
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Evaluate
joint venture agreements and monetary
value.
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3.
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Approve
and coordinate changes and improvements in automated financial and
management information systems for the
company.
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4.
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Ensure
compliance with local, state, and federal reporting
requirements.
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5.
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Oversee
the approval and processing of revenue, expenditure, and position control
documents, budgets, salary updates, ledger, and account maintenance and
data entry.
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6.
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Coordinate
the preparation of financial statements, financial reports, special
analyses, and information reports.
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7.
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Develop
and implement finance, accounting, billing, and auditing
procedures.
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8.
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Establish
and maintain appropriate internal control
safeguards.
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9.
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Interact
with others in management to provide consultative support to planning
initiatives through financial and management analyses, reports, and
recommendations.
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10.
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Ensure
records systems are maintained in accordance with generally accepted
auditing standards.
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11.
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Develop
and direct the implementation of strategic business and/or operational
plans, projects, programs, and
systems.
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12.
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Assist
in obtaining the necessary licenses and insurance
required.
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13.
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Analyze
cash flow, cost controls, and expenses to guide business leaders. Analyze
financial statements to pinpoint potential weak
areas.
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14.
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Establish
and implement short- and long-range goals, objectives, policies, and
operating procedures.
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15.
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Serve
on planning and policy-making
committees.
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16.
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Other
duties as assigned.
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17.
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Represent
the company externally to media, government agencies, funding agencies,
and the general public.
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18.
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Recruit,
train, supervise, and evaluate additions to
staff.
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