EX-10.15 17 doc16.txt EXHIBIT 10.15 ENDORSEMENT AGREEMENT This ENDORSEMENT AGREEMENT (the "Agreement") is made this 1st day of --- November, 2003 by and between Bruce Jenner, Individual ("CELEBRITY"), with his offices located in California; and The Right Solution, a Nevada Corporation (the COMPANY), with its offices located at 3035 East Patrick Lane, Suite 14, Las Vegas, Nevada 89120. WHEREAS, CELEBRITY has experience in public speaking and marketing and WHEREAS, the COMPANY desires to do business with the CELEBRITY and NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the COMPANY and CELEBRITY agree as follows: 1. ENGAGEMENT The COMPANY agrees to a one year engagement to contract the CELEBRITY to speak at the company meetings and seminars along with endorsement of the Company products. 2. The CELEBRITY will be limited to six speaking engagements for the year and five conference calls per month at the company's discretion. 3. The CELEBRITY will assist in getting a distributorship started through his contacts and fan mail. The CELEBRITY can designate the party placed in the distributorship direct to the Company. This distributorship will be independent of the endorsement terms of the agreement and will remain on going as long as the CELEBRITY maintains the annual membership fee. 4. TERMS FOR THE COMPANY (i) The COMPANY will flag the CELEBRITY center at level six for a six month period. COMPANY will provide the necessary time to work with the business on products, strategies and opportunity. Jack Zufelt will coordinate all efforts and work direct with the CELEBRITY and or the designee. (ii) The COMPANY will provide products at no cost for use by the CELEBRITY for personal use throughout the duration of this agreement. COMPANY will pay $10,000 upfront to begin representation and support of the CELEBRITY. (iii) CELEBRITY will receive $6,000 per month for entire duration of the agreement. The COMPANY will give stock to the CELEBRITY which will be restricted for one year from issuance and will be as follows: Monthly Sales Volume Stock Options -------------------- ------------- $ 300,000 300,000 shares 600,000 600,000 shares 1,000,000 1,000,000 shares These stock options will remain in place until certificates are issued once volumes are met as long as the CELEBRITY maintains the distributorship by paying the annual dues of $15.00. (iv) The terms of this agreement will remain confidential between CELEBRITY and the COMPANY unless written permission is granted for release by both parties. (v) Travel arrangements and accommodations will be provided by the COMPANY. This will be first class accommodations when available. TERMS FOR THE CELEBRITY Work with Jack Zufelt to develop a business strategy that can be implemented within 30 days of the signing of this agreement. (i) Identify marketing platform to recruit new distributors (ii) Develop a recruiting packet for new recruits that are duplicable with most tools coming from the corporate website and / or inventory. (iii) CELEBRITY will be available for phone conferences and meeting participating at any level deemed necessary by the COMPANY. (iv) CELEBRITY will be available for conference calls not to exceed five per month and at the discretion of his schedule. (v) The terms of this agreement will remain confidential between CELEBRITY and the COMPANY unless written permission is granted for release by both parties. INDEPENDENT CONTRACTOR CELEBRITY and CELEBRITY Personnel will act as an independent contractor in the performance of its duties under this Agreement. Accordingly, CELEBRITY will be responsible for payment of all federal, state, and local taxes on compensation paid under this Agreement, including income and social security taxes, unemployment insurance, and any other taxes due relative to Distributor's Personnel and any and all business license fees as may be required. This Agreement neither expressly nor impliedly creates a --- relationship of principal and agent, or employee and employer, between Distributor's Personnel and the COMPANY. Neither CELEBRITY nor CELEBRITY Personnel are authorized to enter into any agreements on behalf of the COMPANY. The COMPANY expressly retains the right to approve, in its sole discretion, each Asset Opportunity or Business Opportunity introduced by CELEBRITY, and to make all final decisions with respect to effecting a transaction on any Business Opportunity. 6. TERMINATION The COMPANY and CELEBRITY may terminate this Agreement under the following conditions: (A) By the COMPANY. -------------- (i) If during the Term of this Agreement the CELEBRITY is unable to provide the Services as set forth herein for thirty (30) consecutive business days because of illness, accident, or other incapacity of CELEBRITY Personnel; or, (ii) If CELEBRITY willfully breaches or neglects the duties required to be performed hereunder; or, (B) By CELEBRITY ------------ (i) If the COMPANY fails to make any payments or provide information required hereunder; or, (ii) If the COMPANY ceases business or, other than in an Initial Merger, sells a controlling interest to a third party, or agrees to a consolidation or merger of itself with or into another corporation, or enters into such a transaction outside of the scope of this Agreement, or sells substantially all of its assets to another corporation, entity or individual outside of the scope of this Agreement; or, (iii) If the COMPANY subsequent to the execution hereof has a receiver appointed for its business or assets, or otherwise becomes insolvent or unable to timely satisfy its obligations in the ordinary course of, including but not limited to the obligation to pay the Initial Fee, the Transaction fee, or the CELEBRITY Fee; or, 7. INDEMNIFICATION Subject to the provisions herein, the COMPANY and CELEBRITY agree to indemnify, defend and hold each other harmless from and against all demands, claims, actions, losses, damages, liabilities, costs and expenses, including without limitation, interest, penalties and attorneys' fees and expenses asserted against or imposed or incurred by either party by reason of or resulting from any action or a breach of any representation, warranty, covenant, condition, or agreement of the other party to this Agreement. The CELEBRITY will have full release of liability in regards to product performance and/or law suites resulting from use of the product. This liability will remain the responsibility of the COMPANY and manufacturers. 8. MISCELLANEOUS (i) Subsequent Events. CELEBRITY and the COMPANY each agree to notify the ----------------- other party if, subsequent to the date of this Agreement, either party incurs obligations which could compromise its efforts and obligations under this Agreement. (ii) Amendment. This Agreement may be amended or modified at any time and --------- in any manner only by an instrument in writing executed by the parties hereto. (iii) Further Actions and Assurances. At any time and from time to time, ------------------------------ each party agrees, at its or their expense, to take actions and to execute and deliver documents as may be reasonably necessary to effectuate the purposes of this Agreement. (iv) Waiver. The party to whom such compliance is owed may waive any ------ failure of any party to this Agreement to comply with any of its obligations, agreements, or conditions hereunder in writing. The failure of any party to this Agreement to enforce at any time any of the provisions of this Agreement shall in no way be construed to be a waiver of any such provision or a waiver of the right of such party thereafter to enforce each and every such provision. No waiver of any breach of or noncompliance with this Agreement shall be held to be a waiver of any other or subsequent breach or noncompliance. (v) Assignment. Neither this Agreement nor any right created by it shall ---------- be assignable by either party without the prior written consent of the other or as stated herein. (vi) Notices. Any notice or other communication required or permitted by ------- this Agreement must be in writing and shall be deemed to be properly given when delivered in person to an officer of the other party, when deposited in the United States mails for transmittal by certified or registered mail, postage prepaid, or when deposited with a public telegraph COMPANY for transmittal, or when sent by facsimile transmission charges prepared, provided that the communication is addressed: (A) In the case of the COMPANY: The Right Solution 3095 East Patrick Lane, Suite 14 Las Vegas, Nevada 89120 (B) In the case of the CELEBRITY: Bruce Jenner 2345 Elbury Court Lake Sherwood, CA 91361 or to such other person or address designated in writing by the COMPANY or CELEBRITY to receive notice. 9. Governing Law. This Agreement was negotiated and is being contracted ------------- for in Nevada, and shall be governed by the laws of the State of Nevada, and the United States of America, notwithstanding any conflict-of-law provision to the contrary. 10. Binding Effect. This Agreement shall be binding upon the parties -------------- hereto 11. Entire Agreement. This Agreement contains the entire agreement ---------------- between the parties hereto and supersedes any and all prior agreements, arrangements, or understandings between the parties relating to the subject matter of this Agreement. No oral understandings, statements, promises, or inducements contrary to the terms of this Agreement exist. No representations, warranties, covenants, or conditions express or implied, other than as set forth herein, have been made by any party. 12. Severability. If any part of this Agreement is deemed to be ------------ unenforceable the balance of the Agreement shall remain in full force and effect. 13. Counterparts. A facsimile, telecopy, or other reproduction of this ------------ Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument, by one or more parties hereto and such executed copy may be delivered by facsimile or similar instantaneous electronic transmission device pursuant to which the signature of or on behalf of such party can be seen. In this event, such execution and delivery shall be considered valid, binding and effective for all purposes. At the request of any party hereto, all parties agree to execute an original of this Agreement as well as any facsimile, telecopy or other reproduction hereof. IN WITNESS WHEREOF, the parties have executed this Agreement on the date above written. The COMPANY CELEBRITY The Right Solution Bruce Jenner A Nevada Corporation Independent Contractor/COMPANY By ____________________________ By _________________________________ Rick Bailey President / CEO