PROFESSIONAL SERVICES AGREEMENT
Exhibit 4.95
PROFESSIONAL SERVICES AGREEMENT
This Agreement is entered into this 25th day of June 2007, by and between Global Power Solutions (“GPS”), and Nevada Geothermal Power Company (herein referred to as “Client”), for professional and related services to be provided to Client.
I
SCOPE OF SERVICES
Services shall be provided to Client by GPS pursuant to separate task orders (“Task Orders”). See Exhibit A. Each task or project that Client desires GPS to undertake shall be defined in a separate Task Order signed by the parties to this Agreement. Each such Task Order shall be effective upon execution and shall thereafter become a part of this Agreement. Each Task Order shall be consecutively numbered with the year and sequence number (e.g., 07-01), and include a description of the scope of services to be provided, the time for completion, a budget, and the method of compensation for the services defined in such Task Order.
II
FEES FOR SERVICES
Except as may otherwise be set forth in a specific Task Order, for services provided by GPS to Client pursuant to this Agreement, Client shall pay GPS in accordance with the rates and charges set forth in Exhibit B, “Fees for Services,” attached hereto.
III
BILLING AND PAYMENT
GPS shall submit a monthly statement to Client setting forth the amount due for services and itemizing amounts due for expenses. Client shall pay the full amount of such statement within thirty (30) days after receipt. Any amount billed, not disputed in written form setting forth specific exceptions and unpaid after thirty (30) days from the date of receipt, shall be subject to a late payment charge equal to the lesser of one and one-half (1-1/2) percent or the maximum rate permitted by law, for each month or fraction thereof past due.
IV
INDEPENDENT CONTRACTOR
GPS shall provide services to Client as an independent contractor, not as an employee of Client. GPS shall not have or claim any right arising from employee status.
V
TERMINATION OF AGREEMENT
(a)
Unless otherwise terminated as provided herein, this Agreement shall terminate December 31, 2008, (“Expiration Date”). Unless otherwise directed by Client, GPS shall complete Task Orders in effect on the Expiration Date of this Agreement.
(b)
Notwithstanding any other provision of this Agreement, either party may terminate this Agreement by giving thirty (30) days’ advance written notice to the other party.
(c)
Upon termination of this Agreement, GPS shall have no further obligation to provide services to Client. If the Agreement is terminated prior to completion of the services to be provided hereunder, GPS shall render a final xxxx for services to Client within thirty (30) days after the date of termination, and Client shall pay GPS for all fees earned and expenses incurred prior to the date of termination in accordance with Section III.
VI
INSURANCE
(a)
GPS shall maintain in effect at its own expense, employer's liability insurance, one-million dollars ($1,000,000) aggregate of comprehensive general liability insurance (bodily injury and property damage), five-hundred thousand dollars ($500,000) aggregate of comprehensive automobile liability insurance (bodily injury and property damage) with respect to GPS employees and vehicles assigned to the prosecution of work under this Agreement. GPS shall also maintain statutory workers’ compensation insurance.
(b)
GPS shall obtain and thereafter maintain in effect, if available, such additional insurance as may be requested in writing by Client, the cost of which will be reimbursed by Client.
VII
LIABILITY
(a)
GPS shall indemnify and hold harmless Client, its directors, managers, partners, agents, and employees from and against any and all liability, claims, demands, damages, losses, and expenses, including but not limited to attorney's fees, for which GPS is determined to be legally liable resulting from negligent acts, errors, or omissions by GPS, its directors, managers, agents, and employees in performance of services required by this Agreement. Liability, claims, demands, damages, losses, or expenses resulting from the negligent acts, errors or omissions, whether active or passive, by Client, its directors, managers, partners, agents, employees, or by others are excluded from GPS's obligations pursuant to this paragraph.
(b)
GPS's obligations to indemnify and hold Client harmless shall be expressly limited to the level of fees paid to GPS under this Agreement, and shall terminate one (1) year after termination of this Agreement.
(c)
Client shall indemnify and hold harmless GPS, its directors, managers, agents, and employees from and against any and all liability, claims, demands, damages, losses, and expenses, including but not limited to attorney's fees, for which Client is determined to be legally liable resulting from negligent acts, errors or omissions by Client, its directors, managers, partners, agents, and employees. Liability, claims, demands, damages, losses, or expenses resulting from the negligent acts, errors, or omissions, whether active or passive, by GPS, its directors, managers, agents, employees, or by others are excluded from Client's obligations pursuant to this paragraph.
(d)
In the event that Client changes in any way or uses in another project or for other purposes any of the information or materials developed by GPS pursuant to this Agreement, GPS is released from any and all liability relating to their use and Client shall indemnify and hold harmless GPS, its directors, managers, agents, and employees from and against any and all liability, claims, demands, damages, losses, and expenses, including but not limited to attorney's fees, arising out of such changes or use.
(e)
Nothing in this Agreement shall be construed to create a duty to, any standard of care with reference to, or any liability to any person not a party to this Agreement.
(f)
GPS shall not be liable to Client for incidental or consequential damages.
VIII
SUCCESSORS IN INTEREST
This Agreement shall be binding on, and inure to the benefit of, each party's successors in interest, including their heirs, legatees, assignees, and legal representatives.
IX
WAIVER
Any waiver at any time by either party of its rights with respect to a default under this Agreement, or with respect to any other matters arising in connection with this Agreement, shall not be deemed a waiver with respect to any subsequent default or other matter.
X
SEVERAL OBLIGATIONS
Except where specifically stated in this Agreement to be otherwise, the duties, obligations, and liabilities of the parties are intended to be several and not joint or collective. Nothing contained in this Agreement shall be construed to create an association, trust, partnership, or joint venture or impose a trust or partnership duty, obligation, or liability on or with regard to either party. Each party shall be individually and severally liable for its own obligations under this Agreement.
XI
AMENDMENT
All changes or modifications to this Agreement shall be in writing and signed by both parties.
XII
GOVERNING LAW
This Agreement shall be construed and interpreted according to, and the rights of the parties shall be governed by, the laws of the State of Nevada.
XIII
ATTORNEY'S FEES
If either party becomes involved in litigation arising out of this Agreement or the performance thereof, the prevailing party shall be entitled to reasonable attorney's fees, costs and expenses, in addition to any other relief to which that party may be entitled. This provision shall be construed as applicable to the entire Agreement.
XIV
ENTIRE AGREEMENT
This Agreement constitutes the complete and final expression of the agreement of the parties and is intended as a complete and exclusive statement of the terms of their agreements and supersedes all prior and contemporaneous offers, promises, representations, negotiations, discussions, communications, and agreements which may have been made in connection with the subject matter hereof.
XV
SEVERABILITY
If any provision of this Agreement is found or deemed by a court of competent jurisdiction to be invalid or unenforceable, it shall be considered severable from the remainder of this Agreement and shall not cause the remainder to be invalid or unenforceable. In such event, the parties shall reform this Agreement to replace such stricken provision with a valid and enforceable provision which comes as close as possible to expressing the intention of the stricken provision.
XVI
NOTICES
(a)
Any notice, demand, information, invoice, report, or item otherwise required, authorized, or provided for in this Agreement, unless otherwise specified herein, shall be deemed properly given if delivered in person or sent by United States Mail, First Class postage prepaid:
To: | Attn: Xxxx XxXxx Global Power Solutions 0000 Xxxxxxxx Xxxxxx Xxxxxx, XX 00000 |
To: | Attn: Xxx Xxxxxxxxx Nevada Geothermal Power Company 0000 Xxxx Xxxxx Xxxx, Xxxxx 000 Xxxx, XX 00000 |
(b)
All notices shall be deemed effective upon receipt by the party to whom such notice is given.
XVII
SIGNATURE CLAUSE
The signatories hereto represent that they are authorized to enter into this Agreement on behalf of the party for whom they sign.
Nevada Geothermal Power Company
Global Power Solutions
By: | /s/ Xxxxx X. Xxxxxxxx |
| By: | /s/ Xxxx XxXxx | ||
Dated: | August 3, 2007 |
| Dated: | July 2, 2007 | ||
EXHIBIT A
TASK ORDER NO. (07-01)
SCOPE OF SERVICES FOR MEETING WITH
JAPANESE STEAM TURBINE MANUFACTURERS
This Task Order defines a Scope of Services, Schedule and Budget for work to be completed by Global Power Solutions (“GPS”) for Nevada Geothermal Power Company (“Client”). This work is performed in accordance with the Professional Services Agreement dated June 25, 2007.
SCOPE OF SERVICES
Meet with Japanese steam turbine manufacturers to review schedule options on improving delivery schedules and determine flexibility of the schedule as related to final resource definition.
SCHEDULE
GPS’s services to Client under this Task Order are to be completed by July 15, 2007.
BUDGET
GPS costs for this task shall not exceed $1500.00 including all labor and travel expenses.
REPORTING
GPS will provide a written summary of the results of the meetings.
PROPOSED STAFFING
Xxx Xxxxxx will perform the above services for GPS.
AUTHORIZATION
This Task Order is authorized and made an attachment to the above-identified Professional Services Agreement through the signatures below.
Authorized By: Nevada Geothermal Power Company | Accepted By: Global Power Solutions | |||||
By: | /s/ Xxxxx X. Xxxxxxxx |
| By: | /s/ Xxxx XxXxx | ||
Dated: | August 3, 2007 |
| Xxxx XxXxx, Principal | |||
Dated: | July 2, 2007 | |||||
EXHIBIT B
FEES FOR SERVICES
Professional and support services shall be billed at the following rates:
Xxxxxx Xxxxxx Xxxx XxXxx Senior Engineer Engineer | $254.00 per hour $193.00 per hour $154.00 per hour $127.00 per hour |
The above rates shall be adjusted each year, commencing July 1, 2008, to reflect the change in rates officially established by GPS.
All travel, food, lodging, and miscellaneous expenses, except automobile mileage, associated with the provision of services hereunder shall be billed at cost. Mileage will be reimbursed at the rate then approved by the Internal Revenue Service.
Client will directly reimburse other contractors or subcontractors required to support the tasks.
Client shall reimburse GPS for any applicable sales tax imposed on services rendered by GPS to Client.
