CONSULTING AGREEMENT
Published on March 25, 2009
Exhibit
10.1
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Carpe
DM, Inc.
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1225
Johnston Drive
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Watchung,
NJ 07069
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Phone:
908-490-0075
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fax:
908-668-1286
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mail:
stuart@carpedminc.com
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October
1, 2007
Mr. Peter
Berry
Chief
Executive Officer
Cryoport,
Inc.
20382
Barents Sea Circle
Lake
Forest, CA 92630
Dear Mr.
Berry:
This
letter represents acceptance of the terms of Agreement for services to be
conducted on Cryoport's behalf by Carpe DM, Inc. ("CDM") as discussed and
described in CDM'S proposal dated September 12, 2007. A monthly retainer
fee will be paid commencing as of October 15, 2007. Invoices for services will
be delivered via email and a hard copy sent via regular post upon request by the
Cryoport.
This
Agreement will take effect on October 15, 2007, and will remain in effect for 36
months. This Agreement is automatically renewable unless a cancellation notice
is sent within 30 days or more prior to the expiration of the Agreement. The
retainer fee is $7500 per month for IR services. For PR services the fee will be
150,000 shares of S-8 registered stock issued no later than 10 days from the
signing of this Agreement and 250,000 options with piggyback registration rights
with a strike price of S1.50 per share. If these terms are acceptable to
Cryoport, please print two copies of this document, sign both copies where
indicated, fax a copy back for my records and then mail the two originally
signed documents to me. I will then originally sign them and return one to you
for your records. I look forward to working with you and the entire Cryoport
team.
Best
regards,
Carpe DM,
Inc.
Stuart
Fine
CEO
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Agreed
to and Accepted by:
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Cryoport,
Inc.
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/s/
Peter Berry
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Name:
Peter Berry
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Title:
CEO
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