CONSULTANCY CONTRACT
Between
Global Brands Representatives UG,(VAT number:045/234/52954),26 Eichenstr,Frankfurt,Germany, 65933 (referred to as "Company") on the one hand
And
THENABLERS, Inc(ElN:82-3296328 ), 8635 W. Catherine Ave, Chicago, IL, USA, 60656
(referred to as " Consultant").
I.
Preamble
The Company provides construction services
The Consultant offer International Business Development services pertaining to new markets entry strategy design and execution.
II.
Advisory and Monitoring Actiyity. Reporting commitment
| (1) | )The Consultant shall advise the Company, particularlyby establishing a contact for contract negotiations with potentialpartners(hereinafter,"thethird party")inIndiaandZambia. |
| (2) | The Consultant is obliged to keep in contactwiththe third party that he named to the Company even after the Company andthethird party have signed a contract, and tomonitorand supervise the third partyregardingthe contract signed between theCompanyand the third party. Irrespective of this, the Companyisalso entitled to get in touch directly withthethird party thathasbeen named bytheConsultant. |
| (3) | Furthermore, the Consultant is obliged to report totheCompany regularly, at least every month, in written form about the third parties he has to monitor and supervise concerning the progress. |
| (4) | The Consultant has to perform the advisory and monitoring activity as well as the reporting commitment under this article personally. Heisnot entitled to delegate these activities and commitments unlesstheCompany agreesin writtenform. |
| (5) | Regarding his activities and commitments under this article, the Consultant is not bound to instructions of the Company. He is free to choose place and time of his work. |
III.
Demeanor of the Consultant
| (1) | During the term of this contract and for five years after its termination, the Consultant shall not implement activities or display damaging demeanor which could possiblyaffectthe trademarks,corporations, shareholders or natural or legal persons of theCompanytn a negative way. |
| (2) | The Consultant is not entitled to issue legally binding statements on behalf of theCompany.The Consultant shall avoid giving the impression that he is entitled to givelegally binding statements on behalf of the Company. |
IV.
Cooperation of the Company
| (1) | The Company shall provide the Consultant with anydocumentationand informationthat is necessary for his advisory and monitoringactivity..However,the Company isnot obligated to disclose company or business secrets totheConsultant. |
| (2) | The Consultant must store the provided documentation accurately and ensure that no third party has accesstoit. During thetermof this contract, the provided documentation must be returned on request of the Company. After the termination ofthiscontract, the documentation must be returned to the Company without request. The Consultant must not retain the original documents or any copies of the documents or other data or retain informationinany otherway. |
V.
Reimbursement
(1) The Company can decidefreelyifitcommences contractnegotiationswith the thirdparty.The Companyisfurther freeinits decisionregardingthe precise content of the contract with the third party, particularly the remuneration. Moreover, the Companyis free to terminate a possiblecontract with the thirdpartyregardlessof the Consultant.
| (2) | ) The Consultant is only entitledto a fee ifhe establishes a contact for contract negotiations and the Company signs a contract with the third party within12 months.Regardlessof the geographical area specifiedin thefirstcontract signed between the Company and the third party within·9months,the Consultantwillbe entitled to the same fee for any other succeeding geographical areas the Company and the third party. The Company.isobligedto informthe Consultant in written form about any additional contracts it signs with the third party. |
| (3) | In case the Consultant is entitled to afeeaccording toparagraph (21,he shall receive a part of the Gross Sales that is continuously received bytheCompany. The Company is obliged toinform theConsultantinwrittenformoverthe agreed uponfinancialterms ofitscontractwiththe third party.Thefee ispreciselyas follows: |
| a. | The Consultant shall receiveEUR 20.000,00from theCompany, after the contract has been signed between the Company and thirdparty, The Company shall remit the fee to a bank account namedbythe Consultant within 2weeks. |
| b. | The Consultant shall receive5%of Gross SalestheCompany achieves. The Company shall remit the fee to a bank account named bytheConsultant within 2weeksafter the end of each calendar quarter |
| (4) | The Company has to calculate the fee and announce the amount to the Consultant within 4 weeks after it has received the payment. Upon receipt of a correct and VAT- |
mduding receipt of the Consultant, the Company shall remit the fee to a bankingaccount named by the Consultant within 2 weeks.
| (5) |  Besides the fee under this article the Consultantisnot entitled to any further reimbursement orotherpayments by theCompany. |
| (6) | The Consultant himself is responsible for the taxationof his fee. Everycontractualparty itself must bear all costs, charges, taxes etc. regarding to this contract. |
VI.
Noncompetition, Secrecy
(1)During the term of this contract and for1year after its termination, the Consultantshall neither bring his know-how into service with any person or corporation thatcompetesor rivals with the Company nor support orpromote directly or indirectly any such person or corporation. Furthermore, the Consultant must not work for, set up or take part in any suchcorporation.
(2)The Consultant is indefinitely obliged to maintain absolute secrecy and confidentiality regarding any information about this contractual relationship and any information that has become known to him out of or in connection withthis contractual relationship.
VII.
Term of Contract
| (1) | ) The present contract shall come into force upon its signing and shall be valid for aperiod of fiveyears.Itends automatically due to lapse oftimewithout needinganoticeof cancellation. By written consent the parties can renew the contract for any period. |
| (2) | This contract also automatically ends after9months aftersigning,ifthe Consultantinanalogy to paragraphVI. 2.notestablishesacontactfor-contract negotiations and the Company not signs acontract. |
VIII.
Miscellaneous
| (1) | This contract constitutestheentireagreementofthe contractingparties..Oralorotherside contracts do not exist. Any amendments orsupplements to this contract shall notbevalid unless they are executed in writing. A possible agreement about the abolition of the written form has to be madein writing. |
| (2) | This contract shall be exclusively governed by and construedinaccordance with the laws of the state of Nevada without reference to any.conflict of Jaws pro visionsdeviating away from Nevada state law. |
| (3) | Thepresent contract is executed andsigned in two copies, one of which is handed to |
each party.
