June 30, 2010 CONFIDENTIALAdvisory Agreement • July 7th, 2010 • CleanTech Biofuels, Inc. • Industrial organic chemicals • Illinois
This Agreement (the “Agreement”) confirms the understanding between CleanTech Biofuels, Inc., its subsidiaries, and affiliates (collectively, “Client” or the “Company”) and Houlihan Smith & Company, Inc. (“Houlihan” or “Advisor”). We understand that Management of the Company has requested assistance to explore a range of strategic alternatives and/or transactions to maximize stakeholder value. Following are the terms and conditions of this Agreement:
