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CONSULTING AGREEMENT

Consulting Services Agreement

CONSULTING AGREEMENT | Document Parties: VISTA INTERNATIONAL TECHNOLOGIES INC | Mustang Consulting, LLC You are currently viewing:
This Consulting Services Agreement involves

VISTA INTERNATIONAL TECHNOLOGIES INC | Mustang Consulting, LLC

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Title: CONSULTING AGREEMENT
Governing Law: Colorado     Date: 11/23/2009
Industry: Personal and Household Prods.     Sector: Consumer/Non-Cyclical

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CONSULTING AGREEMENT

 

 

This Consulting Agreement (the “Agreement”) is to be effective as of the 3rd day of August, 2009 by and between Vista International Technologies, Inc. a Delaware corporation (hereinafter “VITI”) having its principal place of business at 4704 Harlan Street, Suite 685, Denver, Colorado USA 80212 and Ing. Gianfranco Licursi (hereinafter “Consultant”), having its principal place of business at Via Carlo Mollino 35,   36100 Vicenza, ITALY .   The parties agree as follows:

 

 

1.   

Engagement .   VITI hereby engages Consultant, and Consultant hereby agrees to render services to VITI, as a senior engineering consultant to the Senior Management or Board of Directors of VITI.

 

2.   

Duties .     During the term of this agreement Consultant agrees to provide on a timely basis the following enumerated services plus any additional services agreed to in writing between VITI and Consultant:

 

a.  

Engineering & gasification expertise for advancing the Thermal Gasifier™ design in coordination with Mustang Consulting, LLC

 

b.  

Conversion of engineering drawings to SI units, with appropriate labeling, and the preparation of “shop drawings” for fabrication of a Thermal Gasifier™

 

c.  

Supervision of the certification of the Thermal Gasifier™ design per EU standards in coordination with Mustang Consulting, LLC

 

d.  

Development of a mass and energy balance for fuel testing

 

e.  

Provide liaison and support services between VITI and the Italian company that is building a demonstration project for the Thermal Gasifier™

 

3.  

Term .   The initial term of this consulting agreement shall be for a six (6) month period.  The term can be extended with the mutual written consent of both parties.

 

4.   

Compensation .   The Consultant shall be paid a flat fee for the services defined in Section 2 of this Consulting Agreement based on the schedule listed below.  Such fees will be paid monthly in advance of the services being rendered.

 

August 3, 2009:

$15,000 USD

September 1, 2009:

$15,000 USD

October 1, 2009:

$  7,500 USD

November 1, 2009:

$  7,500 USD

December 1, 2009:

$  7,500 USD

January 1, 2010:

$  7,500 USD

 

5.  

Materials & Expenses .

 

a.  

Consultant is solely responsible for any and all of Consultant’s costs including but not limited to; travel, entertainment, lodging, materials, and supplies while performing its services for VITI under this agreement.  Any costs that Consultant requests VITI to cover must be approved in writing in advance by VITI and VITI has sole discretion on approval or denial of said costs.

 

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CONSULTING AGREEMENT

 

b.  

VITI agrees to supply Consultant, at VITI’s expense, an up-to-date licensed copy of the SolidWorks software program that is compatible with the software being used for VI


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