EXHIBIT 10.33
CONSULTING AGREEMENT
THIS AGREEMENT is entered into on November 1, 2001 between Portola
Packaging, Inc., a Delaware corporation ("PORTOLA"), and Xxxxxxx Xxxxxxxxx
("CONSULTANT").
1. NATURE OF CONSULTING SERVICES. Consultant will perform consulting
services for Portola as an independent contractor. Such services are described
on Exhibit A to this Agreement. Consultant is not an employee of Portola.
Portola agrees that Consultant's services need not be rendered at any specific
location and may be rendered at any location selected by Consultant.
2. COMPENSATION AND REIMBURSEMENT. Consultant shall be compensated and
reimbursed as set forth on Exhibit B hereto.
3. PROTECTION OF PORTOLA'S CONFIDENTIAL INFORMATION. Portola now owns
and will hereafter develop, compile and own certain proprietary techniques,
trade secrets, and confidential information which have great value in its
business (collectively, "PORTOLA INFORMATION"). Consultant agrees that, at all
times during or subsequent to Consultant's consulting services, Consultant will
hold in trust, keep confidential and not divulge, communicate, or use Portola
Information to the detriment of Portola, or for the benefit of Consultant or any
third party.
4. TERM. This Agreement shall be effective for the period from the date
hereof for the period set forth on Exhibit A, unless sooner terminated by
Portola or Consultant upon fifteen (15) days' written notice. If this Agreement
is terminated before the expiration of its term, Portola's sole obligation shall
be to pay Consultant for services rendered up to the effective date of
termination. In the event of termination of this Agreement for any reason,
Consultant agrees to deliver to Portola all documents and data pertaining to
Consultant's consulting services.
5. ADDITIONAL PROVISIONS. This Agreement shall be governed by and
construed in accordance with the laws of the State of California, without regard
to its choice of law principles. This Agreement shall be binding upon, and inure
to the benefit of, the successors, executors, heirs, representatives,
administrators and permitted assigns of the parties hereto. Consultant shall
have no right to assign this Agreement, by operation of law or otherwise. Any
such purported assignment shall be void. This Agreement, including the schedules
hereto, constitutes the entire understanding and agreement of the parties hereto
with respect to the subject matter hereof and supersedes all prior and
contemporaneous agreements or understandings, inducements or conditions, express
or implied, written or oral, between the parties with respect hereto.
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6. NO LEGAL ADVICE. Consultant will provide no legal advice as a part
of these services.
PORTOLA PACKAGING, INC. /s/ Xxxxxxx Xxxxxxxxx
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Xxxxxxx Xxxxxxxxx
By: /s/ Xxxxx Xxxxxx
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XXXXX XXXXXX, PRESIDENT
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EXHIBIT A
Consulting Agreement between Portola Packaging, Inc. and Xxxxxxx Xxxxxxxxx
("CONSULTANT") dated November 1, 2001.
SERVICES TO BE PROVIDED BY CONSULTANT: Participation on Core Business
Enhancement Project with Xxxxx Xxxxxxx and Xxxxxx Xxxxxx; participation in
Competitive Posture Analysis and marketing programs with Xxxxxx Xxxxxx; assist
in development of strategy for core business; assist in Trium consulting effort.
TERM OF AGREEMENT: November 1, 2001 to May 31, 2002.
WORK PRODUCT TO BE DELIVERED BY CONSULTANT (Check boxes as applicable, and set
forth details as desired in space provided):
[x] Oral recommendations/reports
[x] Written reports
[ ] Daily
[ ] Weekly
[ ] Monthly
[ ] Upon Completion
[x] Other: As appropriate
[ ] Software
[ ] Source code
[ ] Object code
[ ] Hard disc
[ ] Floppy disc
[ ] Diagrams, drawings, schematics, etc.--detail:
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[ ] Notes, Drafts, Working Papers, etc.
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SCHEDULE FOR COMPLETION OF SERVICES:
FACILITIES TO BE PROVIDED BY PORTOLA TO CONSULTANT:
[ ] Office Space
[ ] Computer Support
[ ] Other
Details re above: Consultant is to provide all of his own facilities including
telecommunications and computing facilities.
PORTOLA INFORMATION (AS DEFINED IN SECTION 3.L OF THE CONSULTING AND
CONFIDENTIALITY AGREEMENT) MAY BE UTILIZED:
[X] At Portola's business premises
[X] At Consultant's business premises provided that appropriate
confidentiality procedures and arrangements are observed.
[ ] Other:
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EXHIBIT B
Consulting and Confidentiality Agreement between Portola Packaging, Inc. and
Xxxxxxx Xxxxxxxxx ("CONSULTANT") dated November 1, 2001.
COMPENSATION TO BE PAID BY PORTOLA TO CONSULTANT:
[ ] Fixed total fee for all services--Amount:
---------------------
[ ] Daily Rate: per day
-----------------
[ ] Minimum--Amount:
-----------------
[ ] Maximum--Amount:
-----------------
[X] Other compensation arrangement: Monthly rate of $5,000 payable
in monthly installments.
[ ] Consultant is not to xxxx fees in excess of $_________ without
prior written authorization of Portola.
[ ] Fees to be paid
[ ] 30 days after presentation of monthly invoice
[ ] On milestones per attached schedule
[ ] On completion
[X] Other: On first day of each month in arrears
commencing December 1, 2001 together with expense
allowance described below.
EXPENSES INCURRED BY CONSULTANT WILL:
[ ] Not be reimbursed by Portola, unless otherwise agreed in writing
[x] Be reimbursed by Portola
[ ] Without limitation, provided they are reasonably
related to Consultant's agreed services.
[ ] Up to a maximum of $_____________.
[X] Other: $2,500 per month non accountable expense
allowance paid on the first day of each month in
arrears.
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