Subject: Amendment Letter Dear Mr. Ledger,

Exhibit 10.18

 

April 7, 2015

CONFIDENTIAL

XXXX X. XXXXXX

CHIEF EXECUTIVE OFFICER

NanoFlex Power Corporation

17207 N. Perimeter Dr., Ste. 210

Scottsdale, AZ 85255

Subject: Amendment Letter

Dear Xx. Xxxxxx,

On October 1, 2013, Xxxxx Xxx & Company, Inc. (“Xxxxx Xxx”) and NanoFlex Power Corporation (the “Client”) entered into an Engagement Agreement (the “Original Agreement”), effective as of October 1, 2013, pursuant to which the Client retained Xxxxx Xxx for consulting services.

This letter shall amend the aforementioned Engagement Agreement with respect to the terms below.

1. Scope of services. As specified in the Original Agreement.

2. Term. This Amendment Letter is effective April 1, 2015 (the “Start Date”). This Amended Agreement renews on a month to month basis; each renewal term being one calendar month (“Renewal Term”).

3. Professional fees. As specified in the Original Agreement.

4. Equity consideration. In lieu of the equity consideration set forth in the Original Agreement, Client shall immediately xxxxx Xxxxx Tao warrants to purchase 200,000 shares of NanoFlex Power Corporation common stock at an exercise price equivalent to $0.50 per share. These warrants shall vest immediately and have a cashless exercise feature.

5. Terms and conditions. As specified in the Original Agreement.

Except as otherwise provided herein, the Original Agreement remains in full force and effect.

Please countersign this Amendment Letter below, whereupon it will constitute an agreement between Xxxxx Xxx and the Client.

Sincerely,

XXXXX XXX & COMPANY, INC.			AGREED:  NanoFlex Power Corporation
BY:	/s/ Xxxx Xxxxx		BY:	/s/ Xxxx X. Xxxxxx
	Xxxx Xxxxx, Chief Executive Officer			Xxxx X. Xxxxxx, Chief Executive Officer

Page 1 of 1

XXXXX XXX & COMPANY, INC. | 00 XXXXXXXXX, XXXXXX, XX 00000 | (000) 000-0000

.

CONFIDENTIAL