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Document Preview Consulting Agreement |
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Title: |
Consulting Agreement |
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Entities: |
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Date: |
2006 |
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Size: |
16KB total |
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Price: |
$39 |
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ID: |
#2673315 |
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CONSULTING AGREEMENT
THIS AGREEMENT ("Agreement") is made and entered into this 1st day of December, 2006 by and between _________________ ("____"), businessman, with a mailing address at ______________________________ and, PRIMEGEN ENERGY CORPORATION ("the Company"), a Nevada corporation having a place of business at 3625 Hall Street, Suite 900, Dallas, TX 75219.
W I T N E S S E T H:
WHEREAS, the Company desires to obtain general management and financial consulting services from ____; and
WHEREAS, ____ desires to perform these services for the Company on terms and conditions as set forth herein;
NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and ____ hereto agree as follows:
1. Engagement of ____. Subject to the terms of this Agreement, the Company does hereby appoint and engage ____ as a consultant and ____ hereby accepts his appointment and engagement by the Company as a consultant to the Company with respect to the services specified in paragraph 2 of this Agreement for the compensation set forth in paragraph 4 of this Agreement.
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2. |
Services. |
(a) As mutually determined from time to time by ____ and the Company, during the term specified in paragraph 6 of this Agreement, ____ shall undertake to consult with and advise the Company, by telephone or in person, as ____ in his sole discretion shall determine, with respect to financial and business matters, including but not limited to managing the Companys existing business, assistance with fund raising to implement the Company's business plans, implementation of the Company's efforts to review capitalization, raise funding, or pursue mergers, acquisitions or divestitures and other transactions, on an exclusive basis.
(b) ____ agrees to spend a reasonable amount of time needed to accomplish his services under this Agreement, and to be available for telephone calls, meetings and other matters on as needed basis.
3. Term. Except as otherwise specified in paragraph 4 hereof, this Agreement shall be effective for three (3) years from its execution by ____ and the Company. The Term will renew in 12-month increments unless either party notifies the other 90 days prior to the expiration of the Term of the cancellation of this Agreement.
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4. |
Compensation. |
(a) As full consideration for the services to be provided pursuant to paragraph 2 of this Agreement (and in addition to the expenses provided for in paragraph 5 hereof), the Company shall pay ____ or ____'s designee(s), an aggregate of Five Hundred Forty Thousand Dollars ($540,000) in U.S. currency, payable in thirty-six (36) monthly installments of $15,000 on or before the tenth (10th) day of each month during the term of this Agreement.
(b) The Company and ____ mutually agree that the status of ____ is that of an independent contractor operating at his own risk. ____ agrees that it is not and will not act, represent, describe or hold himself out in any way, directly or by implication, as a partner, joint venturer or agent of the Company and will not describe himself as a representative for the Company, except with respect to the performance of the services contemplated by paragraph 2 of this Agreement.
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