Services Agreement dated January 13, 2025 by and between the Company and Howard Isaacs and Richard Cavalli

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EX-10.56 17 ex10-56.htm

 

Exhibit 10.56

 

INDEPENDENT CONTRACTORS SERVICES AGREEMENT

 

This Amended Independent Contractor Services Agreement (“Agreement”) is effective as of the 13th day of January 2025, and is by and between Propanc Biopharma, Inc., 302, 6 Butler Street Camberwell, VIC 3124 Australia, Howard Isaacs, (Contractor), 5844 Graves Avenue, Encino, CA 91316, and Richard Cavalli, (Contractor), 3005 NW Craftsman Dr., Bend, OR 97703.

 

Engagement of Services

 

Company agrees to hire Contractors and Contractors agree to provide consulting services to increase investor awareness of Propanc Biopharma, Inc.

 

Term

 

This contract is for 3 years beginning January 13, 2025 and ending January 13, 2028.

 

Compensation

 

Company agrees to pay and Contractor’s agree to accept:

 

Howard Isaacs

 

750,000 shares of Propanc Biopharma, Inc. shares.

 

Richard Cavalli

 

750,000 shares of Propanc BioPharma, Inc. shares.

 

Independent Contractor Relationship

 

Contractor’s relaWonship with Company is that of an independent contractor, and nothing in this Agreement is intended to, or should be construed to, create a partnership, agency, joint-venture or employment relaWonship.

 

Contractor is solely responsible for, and will file, on a timely basis, all tax returns and payments required to be filed with, or made to, any federal, state or local tax authority with respect to the performance of services and receipt of fees under this Agreement. Contractor is solely responsible for, and must maintain adequate records of, expenses incurred in the course of performing services under this Agreement. No part of Contractor’s compensation will be subject to withholding by Company for the payment of any social security, federal, state or any other employee payroll taxes. Company will regularly report amounts paid to Contractor by filing Form 1099-MISC with the Internal Revenue Service as required by law.

 

Quality

 

Contractor warrants to Company that the Services performed under this Agreement shall be performed with the degree of skill and care that is required by current, good and sound professional procedures and practices, and in conformance with generally accepted professional standards