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Document Preview Consulting Agreement |
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Title: |
Consulting Agreement |
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Entities: |
PalmSource, Inc.; Satjiv Chahil; PalmSource Inc. |
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Date: |
2003 |
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Size: |
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Price: |
$40 |
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ID: |
#131700 |
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This consulting agreement (the Agreement) is entered into by Satjiv Chahil (Consultant) having a place of business at 961 Los Altos Avenue, Los Altos, CA 95035 and PalmSource, Inc. (PalmSource) having its principal place of business at 1240 Crossman Avenue, Sunnyvale, CA 94089-1116.
| 1.0 | Services. Consultant shall provide PalmSource consulting services four (4) days per month as generally outlined by PalmSources Chief Executive Officer (the Services). Initially Consultant will assist PalmSource in: (i) developing a business in India; (ii) developing its current market in Japan, including, but not by limitation, obtaining additional business from Sony and introductions to Toshiba, Sharp and other key Japanese companies; and (iii) penetrating the entertainment business and make a market for Palm Powered devices and software. |
| 2.0 | Compensation and Reporting. Consultant shall be compensated at his standard rate of two thousand eight hundred dollars ($2,800) per day. Consultant shall be paid eleven thousand two hundred dollars ($11,200) monthly, for the Services. Consultant shall invoice PalmSource on the first day of each month and payments will be made by the fifteenth (15th) of the each month. Prior to the fifteenth (15th) of each month, Consultant shall submit to PalmSources Chief Executive Officer a summary report detailing the activities of the last thirty (30) days; anticipated activities over the next thirty (30) days along with appropriate advice and quidance. In addition, at the reasonable request of PalmSources Chief Executive Officer, Consultant shall supply additional reports, provided they can reasonably be completed as part of the Services. |
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