This Consulting Services Agreement involves
Title: CONSULTING SERVICES AGREEMENT
CONSULTING SERVICES AGREEMENT
THIS AGREEMENT made effective as of the 11th day of April, 2005.
David Ian Fry, an individual residing at 3490 West King Edward Ave., in the City of Vancouver, British Columbia V6S 1M3
(hereinafter called the "Consultant")
OF THE FIRST PART
Dejour Enterprises Ltd., a corporation under the laws of Ontario, with an office at Suite 900, 595 Howe Street, Vancouver, British Columbia V6C 2T5
(hereinafter called "Dejour")
OF THE SECOND PART
Dejour is a publicly traded corporation, desirous of retaining the services of the Consultant to provide investor relations consulting services as a corporate communications professional in connection with Dejour or related corporations and their on-going business affairs;
The Consultant is ready, willing and able, to carry out and provide the investor relations consulting services (the "Work") on the terms and conditions, herein set forth.
NOW THEREFORE THIS AGREEMENT WITNESSES THAT , in consideration of the premises and of the sums herein provided to be paid by Dejour to the Consultant, and of the mutual covenants and undertakings to be performed hereunder, the parties agree as follows:
AGREEMENT TO PROVIDE CONSULTING SERVICES
The Consultant will make personnel available to carry out the Work for Dejour in the areas, and the rates described in Schedule "A" hereto.
The rates in Schedule “A” are dependent on the Hours Per Month per Schedule “A”.
The Consultant will carry out the Work in consultation with the representatives of Dejour duly appointed in writing and covenants to conduct the Work in a businesslike manner, in keeping with professional practices in the industry and in a safe, prudent and lawful manner.
The Consultant shall provide his services in a professional, faithful and diligent manner.
Prior to commencement of an additional worker(s) under this Agreement, the Consultant
shall first provide to Dejour CV/Resume and historical reference information for each additional worker and obtain the written approval of Dejour.
The Consultant provides services to Dejour as an independent contractor, and shall not represent himself as an employee of Dejour.
The Consultant is responsible to pay and remit all taxes, fees and assessments, or any related interest and penalties to regulatory authorities.
The Consultant agrees to indemnify and save Dejour harmless from any taxes, fees and assessments, or any related interest and penalties related to this Agreement. Such indemnification shall survive the termination of this Agreement.
The Consultant agrees to register with Canada Customs and Revenue Agency and/or Goods and Services Tax agency as required.
The Consultant’s services are not exclusive to Dejour.
The Consultant will, as directed in writing by Dejour, provide Dejour with regular progress reports, in such form as Dejour may reasonably require. All reports and copies thereof are to be directed to the attention of:
Robert L. Hodgkinson, Chairman & CEO
Dejour Enterprises Ltd.
Suite 900, 595 Howe Street
Vancouver, B.C. V6C 2T5
The information contained in the Work generated and/or delivered by the Consultant to Dejour will under all circumstances and at all times be the exclusive property of Dejour. At the conclusion of the term of this Agreement the Consultant shall within ten (10) business days deliver to Dejour any and all copies of the Work and other materials including any computer or other equipment provided by Dejour in his custody, possession or control.
The reports and advice of the Consultant are offered and will be used by Dejour for purposes of inducing investment to be made in Dejour.
In the event the Consultant employs in the Work any person who is required to be insured under Worker's Compensation legislation, or the Regulations of a Provincial or State employment commission or authority or equivalent, the Consultant shall, and covenants to, register with such authority and to pay all levies, premiums, and assessments required to maintain itself in good standing with such authority in respect of the Work to be performed under this Agreement.
The cost of workers' compensation coverage shall be a cost chargeable to Dejour hereunder.
In the event Dejour shall use the advice or report(s) of the Consultant in any way as an inducement or representation to others to rely thereon without the prior written consent of the Consultant and such holding out or representation or inducement shall become the subject of any claim for any loss, demand, cost, damage, action, suit or proceeding whatsoever, Dejour covenants to indemnify and save the Consultant harmless therefrom, it being understood that such indemnification shall survive termination of this Agreement.
The Consultant shall within five (5) days after the end of each month during which the Work is performed provide Dejour with a statement of account for the work performed during such month, such statement to be reasonably detailed and supported by receipts and vouchers for out-of-pocket and other expenses incurred and materials supplied by the Consultant under this Agreement during the period to which such statement relates. At the conclusion of the Work, the Consultant shall furnish Dejour with a final itemized statement of account.
Dejour shall, promptly pay the Consultant all fees and approved costs and charges for disbursements shown in such itemized statement of account.
DURATION and TERMINATION
The initial period of this Agreement shall commence April 11 th with an ending date of June 10th, 2005 (the “Probationary Period”) to enable each of Dejour and the Consultant to evaluate the other. Should termination of this Agreement by either party occur during the Probationary Period then consulting fees will be paid to the termination date based on a pro-rata calculation of the monthly fee together with payment for appropriate and approved expense reimbursement.
Following the Probationary Period, the duration of this Consulting Services Agreement is an additional ten (10)