EXHIBIT 10.53
CONSULTANCY AGREEMENT OF SMR
- 1ST AMENDMENT -
Preamble
The existing consultancy agreement conclu[d]ed with Xx. Xxxx Xxxxxxxxx on basis
of GAIA Akkumulatorenwerke, Nordhausen, regulates the ordinary working fields as
a business manager of GAIA and requires him in full person and activity.
Conclusion
This upon and also in reference to the board meeting dated April 14th/2003,
following amendment will be agreed and confirmed:
Amendment of $ 3, no. 1 of consultancy agreement:
The consultancy fee for activities will amount to EUR 18.800,- (net) as of
beginning of April 2003.
Remaining points of consultancy agreement stay unaltered valid.
Nordhausen, i[n] April 2003
/s/ Xx. X.X. Xxxxxx /s/ Xxxx Xxxxxxxxx
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Xx. X. X. Xxxxxx Xxxx Xxxxxxxxx
GAIA Akkumulatorenwerke GmbH SMR Strategische Management - und
Risikoberatungs GmbH
