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EXHIBIT 10.22
Agreement for Finders Fee with Ingen Technologies, Inc. & Ed
Whelan
INGEN TECHNOLOGIES, INC.
AGREEMENT FOR A FINDER'S FEE
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AGREEMENT, made and entered into October 1, 2004, by and between
Edward
T. Whelan, Individually of Grace Holdings,
Inc. a Maryland Corporation with
offices located at 135 First Street,
Keyport NJ 07735 ("Grace and Whelan"), and
Ingen Technologies, Inc., a Georgia
Corporation with offices located at 285 E.
County Line Road, Calimesa, CA 92320
("CRTZ").
W I T N E S S E T H:
It is agreed that, Whelan and Grace are appointed effective October
1,
2004, as non-exclusive finder for a period
of 6 months by CRTZ. Should Whelan
and Grace introduce or assist with a
Company, individual investor or any
prospect for business investment or
combination, and CRTZ or its nominee, or any
affiliated company or person acting on
behalf of CRTZ, directly or indirectly,
wish to negotiate with said prospect and
ultimately, a legal binding transaction
is effected with the prospect, either by
debt or equity investment, acquisition,
consolidation, merger, purchase of assets
or through any form or union with said
prospect within twelve (12) months from
date of submission by Whelan and Grace,
to CRTZ or its nominee, or any affiliated
company or person acting on CRTZ's
behalf, by virtue of this Agreement
recognizes Whelan and Grace as the "Finder
of Record," acknowledge hereby that Whelan
and Grace is deemed a
"Party-in-Interest" to the proposed
transaction(s) and is further deemed to be a
principal party to any closing or series of
closings required to fully effect
