CONSULTING AGREEMENT- McIlhinney III
CONSULTING
AGREEMENT- McIlhinney III
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 Xxxxxx XxXxxxxxxx, an Individual located at 00
Xxxxxx
Xxxxxx Xx., Xxxxxxxxxx, XX,00000 (RMI),
collectively referred to as “The Parties”.
WHEREAS,
IEI is a developer of energy related properties, and
WHEREAS,
RMI 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.
RMI
will
perform ongoing duties under the direction of IEI’s President under the
following parameters:
| 1. | Provide consulting services and support for interim fund raising efforts. |
|
2.
|
Assist
in development of the IEI Strategic Marketing and Business
Plan.
|
|
3.
|
Handle
other duties as assigned by IEI’s
management.
|
Compensation.
IEI
shall compensate RMI for these services as follows:
| 1- | Reimbursement for all approved business-related expenses. |
|
2-
|
Further,
RMI or its assigns shall receive seventy-five thousand (75,000) 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.
|
Independent
Contractor and No Agency Relationship.
RMI
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.
Term.
The term
of this Agreement is one-quarter commencing April 15, 2007.
1
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 Xxxxxx XxXxxxxxxx | |||
|
Xxxxxx XxXxxxxxxx, an individual |
Date |
||
|
SSN Xxxxxx XxXxxxxxxx |
|||
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