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EXHIBIT 10.5 - CONSULTING AGREEMENT - DAVID BISTRICER

Consulting Services Agreement

EXHIBIT 10.5 - CONSULTING AGREEMENT - DAVID BISTRICER You are currently viewing:
This Consulting Services Agreement involves

Coleman Cable, Inc | Friedman, Billings, Ramsey & Co, Inc

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Title: EXHIBIT 10.5 - CONSULTING AGREEMENT - DAVID BISTRICER
Date: 11/7/2006

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EXHIBIT 10.5

AMENDMENT TO
CONSULTING AGREEMENT

          AMENDMENT (this "Amendment"), by and between Coleman Cable, Inc., a Delaware corporation ("Coleman") and David Bistricer, an individual (the "Consultant"), will become effective upon consummation of the offering of Coleman’s common stock under Rule 144A of the Securities Act of 1933, with Friedman, Billings, Ramsey & Co., Inc. acting as initial purchaser and placement agent, provided that such offering is consummated before October 31, 2006.

          WHEREAS, Coleman and the Consultant have previously entered into a Consulting Agreement, dated as of October 1, 2004 (the "Agreement"); and

          WHEREAS, pursuant to Section 6.6 of the Agreement, Coleman and the Consultant desire to amend the Agreement as hereinafter set forth.

          NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree to amend the Agreement as follows:

 

1.

 

The recital in Section 2 of the Agreement is hereby deleted in its entirety and replaced with the following:

 

     

 

 

 

Duties and Obligations of Consultant. Consultant shall (i) provide advice and counsel on business planning and strategy, including, among other things, (a) monitoring merger and acquisition activity, (b) identifying potential acquisition targets, (c) advising on the structure of potential transactions, and (d) providing negotiating assistance; and (ii) provide reports to Coleman’s Board of Directors regarding these activities.

 

     

 

2.

 

The recital in Section 3 of the Agreement is hereby deleted in its entirety and replaced with the following:

 

     

 

 

 

Consulting Fees. In consideration of the Consultant providing the designated services for Coleman as set forth herein, Coleman agrees to pay the Consultant an annual fee in the amount of $175,000, payable quarterly, beginning July 1, 2006.

 

     

 

3.

 

The recital in Section 5.1 of the Agreement is hereby deleted in its entirety and replaced with the following:

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