HARBORVIEW CAPITAL MANAGEMENT, LLC New York, NY 10022 Tel: (646) 218-1400Financial Advisor and Consulting Agreement • April 16th, 2010 • Statmon Technologies Corp • Drilling oil & gas wells • Illinois
This letter confirms our understanding that Harborview Capital Management, LLC (“HCM”) has been engaged to act as a non-exclusive financial advisor and consultant in connection with strategic planning and a capital raise (“Private Placement”) to meet current and ongoing capital needs of Statmon Technologies Corp. (“the Company”). HCM in this capacity will work with management and review and advise the Company on strategic issues as reasonably requested by the Company and help identify funding opportunities for a period of twelve months (the “Term”) from the date of this Agreement. Upon the Company’s acceptance, this letter agreement (“Agreement”) will confirm the terms of the engagement agreed to between HCM and the Company on the terms set forth herein. The terms of HCM’s engagement are as follows:
HARBORVIEW CAPITAL MANAGEMENT, LLC New York, NY 10022 Tel: (646) 218-1400Financial Advisor and Consulting Agreement • May 5th, 2010 • Harborview Master Fund Lp • Plastics foam products • New York
This letter confirms our understanding that Harborview Capital Management, LLC (“HCM”) has been engaged to act as the financial advisor and consultant in connection with: (i) any potential recapitalization of Axion International Holdings, Inc.. (“the Company”), (ii) the license or sale of some or all of the Company’s technology (“Technology Partner”) and (iii) a capital raise (“Private Placement”). HCM in this capacity will work with management and review and advise the company on strategic issues as reasonably requested by the Company and help identify both potential Technology Partners and funding opportunities for a period of twelve months (the “Term”) from the date of this Agreement. Upon the Company’s acceptance, this letter agreement (“Agreement”) will confirm the terms of the engagement agreed to between HCM and the Company on the terms set forth herein. The terms of HCM’s engagement are as follows:
