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GREENMAN TECHNOLOGIES CONSULTING AGREEMENT

Consulting Services Agreement

GREENMAN TECHNOLOGIES CONSULTING AGREEMENT | Document Parties: GREENMAN TECHNOLOGIES INC | Coastal International, Inc You are currently viewing:
This Consulting Services Agreement involves

GREENMAN TECHNOLOGIES INC | Coastal International, Inc

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Title: GREENMAN TECHNOLOGIES CONSULTING AGREEMENT
Governing Law: Massachusetts     Date: 2/17/2009
Industry: Business Services     Sector: Services

GREENMAN TECHNOLOGIES CONSULTING AGREEMENT, Parties: greenman technologies inc , coastal international  inc
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Exhibit 10.1

 

 

GREENMAN TECHNOLOGIES

CONSULTING AGREEMENT

 

This Consulting Agreement is made and entered into this 18th day of November 2008, by and between Coastal International, Inc. (“Consultant”), and GreenMan Technologies (“GMTI” or the “Company”).

 

It is agreed as follows:

 

1.            Consultant Services.    Consultant hereby agrees to perform and provide consulting services for the Company on a monthly basis for a period of four months commencing upon the execution of this agreement and ending March 17, 2009 unless extended upon mutual agreement. Consultant will perform the services with the assistance and full participation of Mr. Lew Boyd and his associates.  The services will include, but not be limited to, the following (the “Services”):

 

(a) Provide and/or identify due diligence support as the Company’s management explores commercial opportunities in the areas of green products and services and alternative energy and renewable fuels.

 

(b) Work with Company management to broaden GMTI’s overall presence and footprint in the “green” marketplace by introducing the Company to the Consultant’s wide network of contact points with the financial community, industry groups, government agencies and relevant academic centers of excellence. This will include due diligence meetings in select cities, at GMTI’s request

 

(c) Interface with the “green” community on behalf of the Company, and work to generate interest in the Company in this setting.

 

(d) Work with the Company’s management to formulate and refine its mission statement as it relates to green opportunities including alternative energy and renewable fuels

 

(e) Assist in formulating the selection criteria to be used in identifying and qualifying potential candidates for the Company’s Board of Directors. Also, assist in the selection and interview process of potential future candidates.

 

(f) Provide other services as requested by the Company’s management and/or Board of Directors that can be reasonably expected to be accomplished.

 

2.            Payment.   Subject to the provisions of the Agreement, the Company shall pay Consultant the following as full compensation for the Services for the term hereof:

 

(a) Cash –In return for the services rendered, the Consultant shall be compensated by a monthly payment of $7,500 in arrears commencing November 19, 2008 and ending March 18, 2009.

 

 

 

 


 

 

3.            Project Expenses .   The Company shall pay Consultant project fees for special events and materials as mutually agreed upon and such fees to be approved in advan


 
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