AMENDMENT TO CONSULTING AGREEMENT
Exhibit
10.21
AMENDMENT
TO CONSULTING AGREEMENT
Amendment
effective as of April 21, 2008 (“Amendment”) to Consulting Agreement dated April
22, 2005 (“Consulting Agreement”) between Park Avenue Consulting, LLC
(“Consultant”) and Innopump, Inc. (“Company”).
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1.
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By
this Amendment, Innopump and Consultant hereby extend the Term of
the
Consulting Agreement from April 21, 2008 through April 21,
2009.
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2.
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In
consideration of the extension of the Term of the Consulting Agreement
for
an additional year and the services to be provided by Consultant
thereunder, Company shall pay $7,500 to Consultant on the date hereof
and
an annual fee of $65,000, payable in four equal consecutive quarterly
installments of $16,250 during the extended
Term.
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IN
WITNESS WHEREOF, the parties have heretofore entered into this
Amendment.
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INNOPUMP,
INC.
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PARK
AVENUE CONSULTING, LLC
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By:
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/s/
Xxxxxxxx Xxxxxxxxx
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By:
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/s/
Xxxxxxx Xxxxxxxx
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Xxxxxxxx
Xxxxxxxxx
President
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Xxxxxxx
Xxxxxxxx
Member
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