Exhibit
99.1
CONSULTING
AGREEMENT
This Agreement dated this 1st day of August, 2008, is made between
CORRADI CUSTOM SOFTWARE APPLICATIONS, INC., a corporation
(hereinafter referred to as "Contractor"), and DUCKWALL/ALCO
STORES, INC., a corporation (hereinafter referred to as "D/A").
WHEREAS, D/A desires to engage the services of the Tony Corradi to
assist it in the transitional timeframe of selection and placement
of a new CIO and potentially a timeframe after placement from time
to time be requested by D/A and accepted by Contractor; and
WHEREAS, the Contractor is willing to personally perform such
services on the terms and conditions set forth herein.
NOW, THEREFORE, the parties agree as follows:
1.
Term of Agreement . The length is open ended and can be
terminated by either party with 30 days notice.
2. Payment to
Contractor . Contractor will be paid by D/A the sum of 85
dollars per hour. Contractor will submit each month, a statement
for services rendered the preceding month, including expenses, and
provide reasonable documentation, as requested by D/A, to verify
same. D/A shall pay said invoice within two (2) weeks of receipt of
said invoice. Contractor agrees that, as an
independent contractor, he is not entitled to any of the normal and
usual employee benefits of D/A including any retirement or pension
benefits, even if Contractor shall be determined to be a common law
employee by any judicial process .
3. Place Where
Services Will Be Rendered . Majority of tasks will be performed
remotely via telecommunications and electronic methods.
4. Independent
Contractor . Both D/A and Contractor agree that Contractor will
act as an independent contractor in the performance of its duties
under this Agreement. Accordingly, Contractor shall be responsible
for payment and withholding of all taxes including federal, state
and local taxes, arising out of the Contractor's activities in
accordance with this Agreement, including by way of illustration
but not limitation, federal and state income tax, social security
tax, unemployment insurance tax, and any other taxes or business
license fees as required. If required D/A will annually issue a
Form 1099 to the Contra
