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CONSULTING AGREEMENT AMENDMENT

Consulting Services Agreement

CONSULTING AGREEMENT AMENDMENT | Document Parties: MEDCLEAN TECHNOLOGIES, INC. You are currently viewing:
This Consulting Services Agreement involves

MEDCLEAN TECHNOLOGIES, INC.

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Title: CONSULTING AGREEMENT AMENDMENT
Date: 5/5/2009
Industry: Waste Management Services     Sector: Services

CONSULTING AGREEMENT AMENDMENT, Parties: medclean technologies  inc.
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Exhibit 10.02

CONSULTING AGREEMENT AMENDMENT

 

     THIS CONSULTING AGREEMENT AMENDMENT (the "Amendment") is made as of this 1st day of May, 2009 between MedClean Technologies, Inc. (formerly Aduromed Corporation, the “Company“) and E4 LLC, a Florida based company (the "Consultant") .

 

WITNESSETH THAT:

 

     WHEREAS, the Consultant and the Company have entered into that certain Consulting Agreement, dated August 4, 2008 (the “Agreement”); and

 

     WHEREAS, the Company and the Consultant now wish to make certain modifications to such Agreement;

 

     NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the Company and the Employee hereby agree as follows:

 

1.   Section 3.

 

     Section 3   of the Agreement is hereby amended to read, in its’ entirety, as follows:

 

3.   COMPENSATION and PAYMENT TERMS

 

Compensation for services provided by the Consultant will be as follows:

 

 

·

For the period from May 1, 2009 through December 31, 2009, $48,000, payable monthly in the months of September, October, November and December 2009; and $72,000.00 per quarter thereafter, payable quarterly in advance commencing on January 1, 2010. Said payment is to be wired per instructions to be provided.

 

 

 

 

·

Consultant is eligible for incentive compensation to be determined by the board  of directors.

 

 

·

All Out-of-pocket costs will be invoiced at the end of each month and payment  for said invoices will be net 15 days.

 

If, during the term of this Agreement, Consultant should fail to perform his duties hereunder on account of (i) physical or mental illness or other incapacity which Customer shall in good faith determine renders Consultant incapable of performing his duties hereunder, and such illness or other incapacity shall continue for a period of more than six (6) consecutive months ("Disability"), or (ii) death of the Consultant, Customer shall have the right, on written notice delivered to Consultant to terminate this Agreement. During the period that Consultant shall have been incapacitated due to Disability or upon his death, Consultant shall continue to receive his full compensation provided for in this Section 3 until the date of termination specified in such written notice (“Date of Termination”). On the Date of Termination Customer shall pay to Co


 
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