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CONSULTING AGREEMENT This exclusive Consulting Agreement is made and effective the 16 th day of November 2005, by and between Mannatech, Incorporated ( Mannatech ), a Texas corporation with its principal place of busines

Key Takeaway: CONSULTING AGREEMENT This exclusive Consulting Agreement is made and effective the 16th day of November 2005, by and between Mannatech, Incorporated ( Mannatech ), a Texas corporation with its principal place of business located at 600 S. Royal Lane, Suite 200, Coppell, Texas 7

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CONSULTING AGREEMENT
This exclusive Consulting Agreement is made and effective the 16th day of November 2005, by and between Mannatech, Incorporated ( Mannatech ), a Texas corporation with its principal place of business located at 600 S. Royal Lane, Suite 200, Coppell, Texas
75019 and Fredrick Media, LLC with its principal business address located at 2250 Morriss Rd., Suite 214, Flower Mound, Texas 75028 ( Consultant ), hereinafter collectively referred to as the Parties .
WHEREAS, Mannatech develops and sells proprietary nutritional supplements and topical products ( Products )
through a network marketing system and which compensates its distributors ( Associates ) by a defined compensation plan throughout the United States, Canada, Australia, New Zealand, S. Korea, Japan, Germany, Denmark, Taiwan and the United
WHEREAS, in connection with the development of
its business, Mannatech wishes to engage the Consultant s unique knowledge and abilities to provide consultation and technical expertise in the areas of internet technology as otherwise set forth in the proposal as attached hereto as Exhibit
Mannatech intends to enter into a confidential relationship with the Consultant in which he will acquire an intimate knowledge and access to Mannatech s business and proprietary product information. Mannatech will permit the Consultant to have
access to and to utilize the business goodwill, cost and pricing information, Confidential Information (as defined in this Agreement) and various trade secrets of Mannatech developed by Mannatech and essential to its business; and
WHEREAS, the Consultant will be a key Consultant of Mannatech and
Mannatech will provide or has provided the Consultant with access to such Confidential Information and trade secrets in reliance upon the Consultant entering into this Agreement;
NOW, THEREFORE, in consideration of the mutual covenants and Agreements contained herein, the parties agree as
DUTIES AND COMPENSATION
The Consultant further agrees that:
RESTRICTIVE COVENANTS
The Consultant acknowledges that (i) these non-competition and non-solicitation covenants are ancillary to or a part of an otherwise
enforceable agreement, such being the agreements concerning confidentiality and non-disclosure of CONFIDENTIAL INFORMATION, and (ii) that at the time that this non-competition covenant is made, the limitations as to time, geographic scope, and
activity to be restrained, as defined herein, are reasonable and do not impose a greater restraint than is necessary to protect the goodwill or other business interests of the Company.
As set forth above, the Consultant acknowledges that at the time that this non-solicitation covenant is made, that the limitations as to time and
geographic area are reasonable and do not impose a greater restraint than is necessary to protect the goodwill or other business interests of Mannatech.
RESULT OF CONSULTANT S SERVICES
Mannatech will be entitled to and will own all the results and proceeds of the
Consultant s services under this Agreement, including without limitation, all rights throughout the world to any copyright, patent, trademark or other right and to all ideas, inventions, products, programs, procedures, formats and other
materials of any kind created or developed or worked on by the Consultant in connection with his duties under this Agreement; the same shall be the sole and exclusive property of Mannatech; and the Consultant will not have any right, title, or
interest of any nature or kind. Without limiting the foregoing, it will be presumed that any copyright, patent, trademark or other right and any idea, invention, product, program, procedure, format or material created, developed or worked on by the
Consultant for Mannatech at any time during the term of this Agreement will be a result or proceed of his services under this Agreement. The Consultant will take such action and execute such documents as Mannatech may request to warrant and confirm
Mannatech s title to and ownership of all such results and processes and to transfer and assign to Mannatech any rights which he may have in such property. The Consultant s right to any compensation under this Agreement will not constitute
a lien on any results or proceeds resulting from his services under this Agreement. The foregoing notwithstanding, the Parties agree that Consultant has previously developed technology and/or intellectual property prior entering this Agreement. As
such, he shall retain ownership of such technology and/or intellectual property following execution of this Agreement.
WHEREOF, this Agreement is executed by the parties hereto, effective as of the 16th day of November, 2005
CONSULTANT:
Fredrick Media, LLC
By: /s/ Landen Fredrick
Landen Fredrick
Its: President
MANNATECH:
MANNATECH, INCORPORATED a Texas Corporation
By: /s/ Terry L. Persinger
Terry L. Persinger
Its: President
Name Date What Changed Version
Landen Fredrick 11/07/05 Initial Draft 1.0
Landen Fredrick 11/09/05 Revised with additional hours for Mannapages & Corporate redesign of website. 2.0
This Projects Summary dated November 15,
2005 sets forth an estimated scope and definition of the consulting services, work and/or project to be provided by Fredrick Media, LLC to Mannatech Inc. from November 1, 2005 to December 31, 2006. Fredrick Media s consulting services
are divided across three projects which include to:
This projects summary outlines each project, the services and deliverables associated
with each, as well as Fredrick Media s time and cost estimates.
Fredrick Media will develop a separate Scope of Work for each project once the Discovery phase is concluded.
Name /Role Contact Information
Landen Fredrick Ph: 972-839-8729
President Email: Landen@FredrickMedia.com
SERVICES AND DELIVERABLES
DELIVERABLE/MILESTONE TASKS/DESCRIPTION
Design Develop Deploy replacement system for Mannapages Analyze and compare options including developing externally, purchasing out of the box system or allocating resources internally to develop
Design Develop Deploy Corporate website redesign and construction project Assist stakeholders by bringing an associate perspective
Discovery Deploy Targeted Website Ranking One URL is deployed; Currently researching deployment of 7 additional URLs
Discovery Analysis Deploy Trademark Monitoring System Will work with Cyveillance analyst to develop appropriate and accurate strategies
PROJECT COST CONSULTING SERVICES
2005 2006
Outstanding Invoice #3035 $ 6,688 $
Outstanding Invoice #3036 $ 5,438
Mannapages Replacement System $ 8,438 $ 2,656
Corporate Website Construction & Redesign $ 8,438 $ 10,938
Marketing & Compliance
Targeted Website Ranking $ 2,813 $ 16,250
Trademark Monitoring System $ 5,625 $ 16,250
Online Compliance Tutorial Program $ 2,813 $ 16,250
Total $ 40,250 $ 62,344
SUMMARY OF PROJECT COSTS
This total reflects both Fredrick Media consulting costs and those costs
associated with exterior costs not factored in with the original budgets. Professional fees will be charged on a time and materials basis at an estimated cost of $40,250 for 2005 and $62,344 for 2006. This does not include expenses
which are estimated at under 10% of the project fees.
2005 2006
Mannapages Replacement System $ 60,120 $
Corporate Website Construction & Redesign $ $
Marketing & Compliance
Targeted Website Ranking $ 5,000 $ 126,000
Trademark Monitoring System $ 74,870 $ 64,875
Online Compliance Tutorial Program $ $ 30,000
Consulting Services $ 40,250 $ 62,344
Total $ 180,240 $ 283,219
PAYMENT & INVOICING TERMS
Fredrick Media, LLC will invoice Mannatech for project fees monthly on
SCOPE OF WORK EXPANSION
Should Mannatech require additional services outside the original Projects Summary,
Developer will provide Client with a Scope of Work Expansion Document detailing services, scheduling, and pricing.
Project Authorization
Signature by an authorized representative of
each party to this Statement of Work indicates the authority to proceed with the services as described.
AGREED TO AND ACCEPTED:
Mannatech, Inc. Fredrick Media, LLC
Signed: /s/ Terry L. Persinger Signed: /s/ Landen Fredrick
Name: Terry L. Persinger Name: Landen Fredrick
Date: 11/16/05 Date: 11/16/05
Appendix: Fees, Hours &
(Associates policies and procedures)
Last updated: Nov 16, 2005