Independent Consultant Agreement
Exhibit 10.2
This Agreement made as of this 2nd day of October 2006, between Xxxx Xxxxxx,
(Consultant), and Associated Materials Incorporated, (AMI). AMI hereby retains Consultant on the
following terms and conditions:
1. Consultant, as an independent contractor, shall provide to AMI advise and counsel on
commercial and market strategies, product positioning as well as other similar and appurtenant
services as may be requested by AMI.
2. Consultant will be paid a fee of twenty-five thousand dollars ($25,000.00) monthly during
the term of this Agreement. Such payments shall be made to the firm of DRS Consulting, Inc. In
addition, Consultant will be reimbursed for reasonable travel expenses.
3. Consultant agrees to be available as needed by AMI during the term of this Agreement.
4. Consultant agrees that as an independent contractor he shall not be entitled to any
benefits applicable to AMI employees, and shall have sole responsibility for the payment of all
applicable governmental taxes including Federal, State and local income taxes and for all
employment and disability insurance, Social Security and other similar taxes.
5. The information and knowledge acquired by Consultant in connection with or as a result of
his services hereunder, shall be regarded as confidential and Consultant shall not use, nor
disclose any such information, knowledge or trade secrets to any person either during or after the
period of this agreement, except as otherwise authorized by us.
All records and copies of records relating to AMI’s operations and business made or received by
Consultant during the period of this agreement are and shall be AMI’s property exclusively, and
Consultant shall keep the same at all times in his custody and subject to his control, and shall
surrender the same at the termination of this agreement if not before.
6. This agreement shall be effective as of October 2, 2006 and shall continue for sixty (60)
days. This agreement can be extended by mutual agreement between Consultant and AMI for additional
thirty (30) day periods.
IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first
above written.
| Associated Materials Incorporated. | ||||||
BY:
|
/s/ Xxxx X. Xxxxxx | BY: | /s/ D. Xxxxx XxXxxxxx | |||
| Xxxx X. Xxxxxx | D. Xxxxx XxXxxxxx, Vice President/CFO | |||||
Date:
|
October 2, 2006 | Date: | October 2, 2006 | |||
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