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Exhibit 10.1
CONSULTING
AGREEMENT
Agreement
made as of June 1, 2008, by and between Dollar Financial
Group, Inc. (the “Company”), a Pennsylvania corporation
with a place of business at 1436 Lancaster Ave. Berwyn,
Pennsylvania 19312, and Donald F. Gayhardt (the
“Consultant”), doing business at Dollar Financial
Group, Inc.
1.
Consulting Services . The Consultant shall provide
consulting services in the areas of:
Business development,
mergers and acquisitions, government relations, investor relations
and such other matters as requested by senior management of the
Company.
Company will provide
Consultant with information pertaining to the Company and its
products as necessary or appropriate to enable Consultant to
perform the Services. Consultant shall keep the Company fully
informed as to the status of Consultant’s efforts under this
Agreement.
2.
Compensation . The Company shall pay to Consultant as
follows with respect to Company’s required services:
Pricing and
Payment: The services are charged on a time-and-materials basis at
the rate of $312.50 per hour or $2,500.00 per day for such
services, including travel.
In addition
to the above amounts, Company shall pay all applicable sales,
service, use and other taxes imposed in connection with this
agreement. Company will reimburse Consultant for actual, reasonable
and verifiable travel expenses.
3.
Term and Termination . This agreement may be terminated by
either party at any time upon written notice to the other. The
termination of this Agreement shall be without prejudice to any
remedy of the terminating party. The Company shall pay Consultant
all compensation earned through the date of termination.
4.
Payment Schedule . All Charges and expenses for the
Services
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