CONSULTING AGREEMENT- IIL
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
Infinity Investments, LLC, 000 XxXxxxxxxx Xx, Xxxxxxx, XX 00000, (IIL), a, corporation
collectively referred to as “The Parties”.
WHEREAS,
IEI is a developer of energy related properties, and
WHEREAS,
IIL has experience in corporate governance, financial reporting relating to
public corporations and network relationships for business development
opportunities;
NOW, THEREFORE, in consideration of the
mutual covenants provided herein, the Parties agree as follows:
Services.
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IIL
will perform ongoing duties under the direction of IEI’s President and
Board of Directors under the following parameters:
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1.
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Raising
short term funding dollars to help meet immediate
expenses
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2.
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Developing
a 6-month financial strategy to ensure IEI’s solvency during that time
period and beyond
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3.
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Acting
as a liaison with key shareholders and investors to improve communications
with this group
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4.
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Assisting
with larger development deals tied to our “bundled” projects with IEI’s
management and staff.
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Compensation. IEI
shall compensate IIL for these services as follows:
| 1- | Reimbursement for all approved business-related expenses, and |
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2-
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IIL
shall receive restricted common stock in IEI within 30 days of date of
signing this Agreement in an amount of ten million (10,000,000)
shares. Said shares are to be issued pursuant to SEC rule 144
and carry the appropriate legend in the name of Infinity Investments, LLC,
000 XxXxxxxxxx Xx., Xxxxxxx, XX
00000.
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Independent Contractor and
No Agency Relationship. IIL 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.
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 six months commencing April 1, 2010.
IN
WITNESS THEREOF, the Parties have executed this Agreement effective as of the
date signed below.
| For Indigo-Energy, Inc. | ||||
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Xxxxx
Xxxxxx, President
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Date
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| Infinity Investments, LLC | ||||
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Xxxxxxx
Xxxxxxxx, Member
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Date
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ConsAgr
IIL
2
