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& SERVICE WORKING AGREEMENT
TO: ELIAS SHAKER & COMPANY DATE: JUNE 26, 2009
FROM: THERABIOGEN, INC. EFFECTIVE: JULY 1, 2009
Therabiogen, Inc., 1365 N. Courtenay Parkway, Suite A, Merritt Island, FL 32953 , (hereinafter referred to as the "Company"), hereby confirms the appointment of Elias Shaker & Company, 766 W. Algonquin Road, Arlington Heights, IL 60005 (hereinafter referred to as the "Representative"), as their (Company's) sole and exclusive Sales & Marketing Representative on products now marketed and other products the Company may introduce from time to time for sale in the Representative's territory, class of trade, and/or accounts. This agreement is subject to the following conditions:
The Commission rate will be 10% and any variances must have prior agreement from both parties.The retainer and commission will cover all costs associated with “What the Representative Will Do” as outlined in Point 7 of this agreement.
Company will pay all commissions monthly on all net invoiced sales ("net invoiced sales" are defined as gross shipments less any standard promotional allowances and standard returns following the month shipments are invoiced). A check, along with a statement showing the i