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EXHIBIT 10.17
Form of Agreement
Stanley Wunderlich
October 15, 2005
Norbert Sporns
CEO
HQ Sustainable Maritime Industries, Inc.
7305 Marie-Victorin
Suite 100
Brossard Quebec,
Canada
J4W 1A6
Dear Mr. Sporns,
This Agreement, dated as of October 15, 2005 is entered into by and between HQ
Sustainable Maritime Industries, Inc. ("The Company") with offices located at
7305 Marie-Victorin Suite 100 Brossard, Quebec Canada J4W 1A6 and Stanley
Wunderlich . (the "Consultant").
RECITALS
Whereas, the Consultant has experience in the investment banking and financial
services business, investor relations, public relations and corporate
development activities,
Whereas, the Consultant desires to provide the financial advisory services (the
"Services") set forth in Section 3 hereof to the Company and the Company desires
to retain the consultant to provide the Services to the Company.
NOW THEREFORE, in consideration of the premises and the mutual convenants and
agreement hereinafter set forth, the parties hereto covenant and agree as
follows:
1. Retention. The Company hereby retains the Consultant, and the Consultant
agrees to be retained by the Company, to perform the Services as a Consultant to
the Company on the terms and conditions set forth herein. The parties agree that
the Consultant shall be retained by the Company as an independent contractor on
a consulting basis and not as an employee of the Company.
2. Term. The term of this Agreement shall commence on the date hereof and shall
end on December 31, 2006, unless terminated earlier pursuant to Section 6
hereof.
3. Duties of Consultant. During the term of this Agreement Consultant shall
provide the Company with such regular and customary consulting advice as is
reasonably requested by the Company, within the scope of the services enumerated
below. It is understood and acknowledged by the parties that the value of
Consultant's advice is not readily quantifiable, and that Consultant shall be
obligated to render advice upon the request of the Company, in good faith, but
not be obligated to spend any specific amount of time in so doing. In addition
the annexed document describing the "China Program" will be considered the core
essential services to be provided.
4. Compensation. In consideration for the services rendered by Consultant to the
Company pursuant to this Agreement, the Company shall pay to the Consultant
$3,000.00 upon the signing of this agreement (October 15th thru November 30th),
and $2,000.00 by the tenth of December and for each successive month during t






