CONSULTING AGREEMENT- CJM
This
Consulting Agreement is by and between Indigo-Energy, Inc., (IEI), a Nevada Corporation
located at 000 X. Xxxxx Xxxxxx Xxxx, Xxxxx 000, Xxxxxxxxx, XX 00000, and J. Xxxx
Xxxxxxxx, and individual of 0000 Xxxxxxxxxx Xxxxx, Xxxxxx Xxxxxx, XX 00000
(CJM), collectively referred to as “The Parties.”
WHEREAS,
IEI is a developer of energy related properties, and
WHEREAS,
CJM has various connections, networking contacts, and experience in the
development of financial related properties, financial market development, and
business strategic planning.
NOW, THEREFORE, in consideration of the
mutual covenants provided herein, the Parties agree as follows:
Services.
|
|
CJM
will perform ongoing duties under the direction of IEI’s President under
the following parameters:
|
|
1.
|
Provide
consulting services and support for business development of the IEI family
of energy related properties.
|
|
2.
|
Assist
in development of the IEI Strategic Marketing and Business
Plan.
|
|
3.
|
Develop
introductions and networking for funding of various projects and
operations.
|
Compensation. IEI
shall compensate CJM for these services as follows:
| 1- | Reimbursement for all approved business-related expenses. |
|
2-
|
Further,
CJM or its assigns shall receive two-hundred fifty thousand (250,000)
shares of common stock in IEI, said stock to be restricted by SEC rule
144. Said shares are to be issued within 30 days of signing of this
Agreement. The shares are to be issued to
CJM.
|
|
3-
|
A
consulting fee of twenty thousand dollars ($20,000) per 3 month
period.
|
Independent Contractor and
No Agency Relationship. CJM shall be compensated as an
independent contractor with no employee relationship or agency and principal
relationship and shall thereby be responsible for all its own taxes, insurance,
licenses and fees and expenses related to its business and this
Agreement.
Termination. Either
party may terminate this relationship, without cause, after the initial term of
the Agreement, with thirty (30) days notice to the other, provided all
compensation is current.
Governing
Law. This Agreement is being executed under and will be
governed by the laws of the State of Nevada.
1
Term. The
term of this Agreement is three months commencing March 1, 2010 and shall
automatically be renewed for subsequent three (3) month terms unless terminated
under the provisions herein.
IN
WITNESS THEREOF, the Parties have executed this Agreement effective as of the
date signed below.
| For Indigo-Energy, Inc. | ||||
|
Xxxxx
Xxxxxx, President
|
Date
|
|||
|
|
| For J. Xxxx Xxxxxxxx | , | |||
|
J.
Xxxx Xxxxxxxx, an individual
|
Date
|
|||
|
|
||||
| EIN or SSN |
ConsAgr
CJM
2
