Re: Consulting Agreement dated April 1, 2004 (the “Consulting Agreement”)
Exhibit
10.2
November
30, 2006
Envirosafe
Corporation
00000
Xxxxxxx Xxxxxx Xxx
Xxxxxxxxxx,
XX 00000
Re:
|
Consulting
Agreement dated April 1, 2004 (the “Consulting
Agreement”)
|
Dear
Xx.
Xxxxxx:
This
letter shall serve to confirm our receipt of your letter of November 3, 2006.
Without waiving any rights thereunder, and without admitting or denying the
breaches claimed therein, this letter shall serve as a modification of the
Consulting Agreement.
1. MJMM
shall immediately return 52,625,065 shares (the “Shares”) to the Escrow Agent
for the benefit of Envirosafe Corporation (the “Company”) and for no additional
consideration.
2. The
Company shall compensate MJMM for its consulting services on a monthly basis
solely through transfer of the Shares. The Company shall not be obligated to
compensate MJMM in any other fashion than through transfer of the
Shares.
3. The
term
of the Consulting Agreement is hereby extended until May 1, 2007 or until the
Shares are transferred in the entirety to MJMM, whichever occurs earlier,
whereupon the Consulting Agreement will be deemed terminated. MJMM and the
Company may extend the term of the Consulting Agreement further by mutual
written agreement.
4. MJMM
and
the Company may terminate the Consulting Agreement at any time by mutual written
agreement. Under such circumstances, MJMM shall be entitled to receive a
pro-rated amount of the Shares to reflect the consulting services it provided
to
the Company prior to such termination date.
5. Except
as
expressly modified herein, all other terms and conditions of the Consulting
Agreement dated April 1, 2004 shall remain in full force and effect and shall
continue in full force and effect during any and all extension periods. In
case
of any conflict between the Consulting Agreement and this modification, this
modification shall prevail.
Please
indicate your agreement and consent below.
Regards,
Xxxx
X.
Xxxxx
President
AGREED
AND ACCEPTED
ENVIROSAFE
CORPORATION
By______________________________
Xxxxx
Xxxxxx
Its
President
Duly
Authorized
Date_____________________________