Exhibit 10.15


 


QPAGOS Corporation
- Consulting Agreement


 


This Consulting Agreement
(“Agreement”), effective on the last date of execution (“Effective Date”), is made between QPAGOS Corporation
(hereinafter “QPAGOS” or the Company”), having offices at Paseo de la Reforma 404 Piso 15 PH, Col. Juárez,
Del. Cuauhtémoc, México, D.F. C.P. 06600, and Sergey Rumyantsev (hereinafter “Consultant”), and is for
the purpose of obtaining the advice and consulting services of Consultant by QPAGOS.


 


WHEREAS, the Company
desires to engage Consultant to provide consulting services to it in connection with Mexico Business start-up; and


 


WHEREAS, Consultant
desires to provide consulting services to the Company in connection with business and strategic planning.


 


NOW THEREFORE, in consideration
of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the Company and Consultant hereto agree as follows:


 


		1.	Field of Service



 


Consultant hereby agrees to assist
the Company with business and strategic planning (“Services”). In rendering Services to the Company, Consultant shall
act as an independent contractor and not as an employee of the Company. Consultant shall devote such time as is necessary to providing
the Services.


 


		2.	Prior or Other Work of Consultant



 


		a.	Consultant hereby warrants that he or she is free to enter into this Agreement with the Company
and to provide the Services required hereunder.
	 	 	 



		b.	Consultant represents that he or she is not a party to any existing agreement that would prevent
him or her from entering into this Agreement.
	 	 	 



		c.	Consultant represents that neither his or her rendering of the Services to the Company as described
herein nor performance of the terms of this Agreement will violate any agreements or obligations he or she may have to any other
person or entity and he or she further represents that he or she will not use the confidential proprietary information of any other
person or entity in the course of rendering Services to the Company nor will he or she disclose any such information to the Company.
	 	 	 



		d.	Consultant agrees that from and after the date hereof and for a period of twelve (12) months after
the termination of this Agreement:



 




    	 	 	 



     


    

 


		(i)	He or She will not disrupt, damage, impair, or interfere with the business of the Company, whether
by way of interfering with or raiding its employees, disrupting its relationships with customers, agents, vendors, distributors
or representatives, or otherwise: and



 


		(ii)	He or She will not solicit, induce or aid others in inducing any employees of the Company to work
for an employer which competes with the Company.



 


		(iii)	He or She will not accept any employment with an entity that is in direct competition with the
Company;



 


		(iv)	He or She will not own any equity of an entity that is in direct competition with the Company;
provided that Consultant shall not be prohibited from being a passive owner of not more than five percent (5%) of the equity
securities of an entity described in this clause (ii) that is publicly traded and for which he is in compliance with clauses (i)
and (iii); or



 


		(v)	Permit him or her name to use by, act as consultant or advisor to, render material services for,
or otherwise assist in any manner any person or entity, in each case with regard to

an entity engaged in physical and virtual payment services in Mexico.



 


		e.	Consultant agrees that during the course of his or her engagement or at any time thereafter, he
or she, his or her agents, family and/or representatives shall refrain from (i) all conduct, verbal or otherwise, which would materially
damage the reputation, goodwill or standing in the community of the Company, its affiliates, subsidiaries, divisions, agents and
related parties and their respective principals, owners (direct or indirect), members, directors, officers, agents, servants, employees,
parties, attorneys and other professionals, successors and assigns (collectively, the “The Company Related Parties”)
and (ii) referring to or in any way commenting on the Company and/or any of the other The Company Related Parties in or through
the general media or any public domain (including without limitation, internet websites, blogs, chat rooms and the like), which
would materially damage, the reputation, goodwill or standing in the community of the Company and/or any of the Company Related
Parties.



 


		3.	Compensation



 


		a.	The Company agrees to pay Consultant for the Services set forth in this Agreement as follows: Five
Hundred and Two Thousand Seven Hundred Forty Six (502,746) shares of the Company’s common stock, all of which is earned on
the date of issuance.



 




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		b.	The Company further agrees to reimburse Consultant for the "at cost" actual reasonable
out-of-pocket travel expenses incurred by Consultant in the course of rendering Services to the Company hereunder and pursuant
to the express request of the Company, provided that Consultant obtains prior express approval of the Company if any such expense
or series of related expenses shall exceed $500.00 per month. Consultant will be reimbursed for coach class air travel when traveling
to render Services pursuant to this Agreement.



 


		c.	Consultant will file his or her own tax returns on the basis of his or her status as an independent
contractor for the reporting of all income, social security, employment and other taxes due and owing on the consideration received
by herunder this Agreement. Consultant shall be solely responsible for, and shall pay such taxes in accordance with applicable
law. Similarly, Consultant shall not be entitled to benefits specifically associated with employment status, such as medical, dental
and life insurance, stock or stock options of the Company and shall not be entitled to participate in any other Company benefit
programs.



 


		4.	Ownership of Intellectual Property and Disclosure of Information to QPAGOS 



 


		a.	All writings, ideas, concepts, inventions, discoveries, methods, devices, developments, or improvements
produced, conceived, developed or reduced to practice by Consultant exclusively pursuant to this Agreement, either solely or jointly
with others, shall be solely owned by the Company and fully and promptly disclosed to the Company in writing. Without limiting
the foregoing, Consultant further acknowledges that all original works of authorship by Consultant, whether created alone or jointly
with others, related to Consultant’s consulting services to the Company and which are protectable by copyright, are "works
made for hire" within the meaning of the United States Copyright Act, 17 U.S .C. (S) 101, as amended, and the copyright of
which shall be owned solely, completely and exclusively by the Company.



 


		b.	Consultant hereby assigns, and agrees to promptly grant and assign, to the Company all rights in
and to any and all copyrights, inventions, discoveries, and improvements resulting from or arising out of Consultant’s performance
in connection with this Agreement or pursuant thereto, which Consultant may make, conceive or reduce to practice, either solely
or jointly with any other person. Consultant further agrees that all letters patent that may be granted therefore, and all reissues
or reexaminations thereof, shall be for the sole use and benefit of the Company and it shall at once become entitled thereto. Any
assignment of copyright hereunder includes all rights of paternity, integrity, disclosure and withdrawal and any other rights that
may be known as or referred to as "moral rights" (collectively "Moral Rights"). To the extent such Moral Rights
cannot be assigned under applicable law and to the extent the following is allowed by the laws in the various countries where Moral
Rights exist, Consultant hereby waives such Moral Rights and consents to any action of the Company that would violate such Moral
Rights in the absence of such consent. Consultant agrees to confirm any such waivers and consents from time to time as requested
by the Company.



 




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		c.	Consultant shall promptly and at all times hereafter, execute, deliver, make oaths, sign all papers,
give evidence and testimony and, at the Company 's expense, perform any and all acts that may be necessary or proper in the opinion
of the Company to carry out the terms of the Agreement and to vest said copyrights, inventions, discoveries, patents, reissues
and improvements in the Company, as described above in Section 4b, so as to enable it to lawfully obtain and maintain full right,
title and interest thereto in any and all countries whatsoever, including all such descriptions, sketches, drawings, and other
papers relating thereto as the Company may need or call for, and to render to the Company for reasonable compensation all such
assistance and cooperation as the Company may require: (i) in the prosecution of applications for patents; or applications for
reissue or reexamination of patents; (ii) in the prosecution or defense of all interferences which may be declared involving any
of such applications; (iii) in applying for registrations of copyrights; and (iv) in any and all litigation in which the Company
may be directly or indirectly involved relating to such copyrights, inventions, discoveries, patents, reissues, and improvements.



 


		d.	Consultant hereby irrevocably designates and appoints the Company and its duly authorized officers
and agents as Consultant’s agents and attorneys-in-fact to act for and on behalf and instead of Consultant to execute and
file any documents pursuant to Section 4b and 4c and enforce the Company’s rights under this Agreement.



 


		e.	Consultant shall not, without the prior written consent of the Company, use or make available to
others for any purpose, any of the writings, inventions, discoveries or improvements produced, conceived or made exclusively in
his or her role as consultant to the Company under this Agreement or pursuant thereto, and shall treat all information relating
to said writings, inventions, discoveries and improvements as being proprietary information of the Company, and the terms and obligations
of the Agreement titled ''QPAGOS’ Proprietary Information" shall apply thereto.



 


		5.	QPAGOS’ Proprietary Information 



 


		a.	As used herein, "QPAGOS’ Proprietary Information" includes, but is not limited
to, any process, method, device, apparatus, manufacturing procedure, operating condition, database specifications, data, plans,
drawings, techniques, compositions, inventions (patentable or otherwise), improvements, business strategy, financial and business
information, product idea, formula, copyrightable or patentable material, schematic, biological material and techniques for their
handling and use, plans and procedures related to carrying out clinical trials, results of clinical trials, statistical analysis
of clinical trial data, and any other confidential information of the Company or its customers or clients which Consultant may
learn of, or be exposed to, from time to time prior to the Effective Date of the Agreement or during the Consultant’s engagement
under this Agreement.



 




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		b.	Consultant further acknowledges that the Company is engaged in a continuous program of research,
development and production and possesses or has rights to information (including information Consultant may develop exclusively
in the course of performing Services for the Company) which has commercial value in the Company’s business and constitutes
part of the QPAGOS’ Proprietary Information.



 


		c.	During the Consultant’s engagement under this Agreement and for a period of five (5) years
after termination of this Agreement, Consultant agrees to keep confidential, use only for purposes of performing Services under
this Agreement and not to disclose to any person, firm, partnership, association, corporation, or other entity nor use for Consultant's
own use or benefit, or for the benefit of third parties, any and all QPAGOS’ Proprietary Information furnished hereunder
by the Company or developed by the Company or Consultant during the Consultant’s engagement under this Agreement and he or
she will keep in strictest confidence any other information which the Company has heretofore disclosed or may hereafter disclose
to Consultant or permit Consultant to observe in connection with the performance of the Agreement, including, but not limited to,
confidential information of others with which the Company has a business relationship.



 


		d.	Consultant agrees that any person employed or engaged by him or her to render Services pursuant
to this Agreement to the Company will be bound by the terms and conditions set forth in Sections 4 and 5 hereof, which terms and
conditions Consultant will specifically call to the attention of any person so employed or engaged.



 


		e.	Consultant acknowledges that all QPAGOS’ Proprietary Information is the sole property of
the Company and its assigns, and the Company and its assigns shall be the sole owner of all trade secrets, patents, copyrights
and other rights in connection therewith.



 


The foregoing obligations shall
not apply to any information which (i) Consultant can demonstrate was in his or her possession prior to the time of its disclosure
by the Company; (ii) is or becomes available to the general


 




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		6.	Return of Proprietary Information



 


Consultant hereby acknowledges
that all documents, devices, software, computer code, records, files, lists, apparatus, equipment, drawings, diagrams, models,
data, notes, memoranda, information, photographs, and/or copies made and other physical property, whether or not pertaining to
QPAGOS’ Proprietary Information (collectively, “Property”), furnished to Consultant by the Company or generated
by Consultant or at or under his or her direction or control for the purpose of carrying out any project or assignment under this
Agreement or during work performed on or during the performance of any project performed under this Agreement belong to and are
the property of the Company and all Property so made, modified, generated or obtained from the Company or from any of the Company’s
suppliers or customers by Consultant or at or under his or her direction or control during such work performed on or during the
performance of any project shall be promptly delivered to and turned over to the Company upon request of the Company or upon termination
of any project or service performed under this Agreement, whichever shall first occur. Consultant will not take with herany such
Property or any reproduction thereof upon such termination.


 


		7.	Restriction Against License



 


Nothing contained in this Agreement
shall be deemed to grant Consultant any license under any of the Company’s copyrights, patents, trademarks, trade secrets,
or patent applications now or hereafter issued or filed, or any license to use any QPAGOS’ Proprietary Information, except
in the performance for the Company of the Services expressly required hereunder.


 


		8.	Limitations 



 


		a.	Consultant agrees that there will be no publication or other release of information about this
Agreement, or the contents or subject matter thereof, such as by press release or otherwise, without the prior written consent
of the Company.



 


		b.	Consultant acknowledges that at the time of this Agreement he or she is under no other obligation
to any third party that would interfere with his or her rendering consulting services to the Company.



 


		c.	The Company acknowledges that the Consultant is not a "Contract Research Organization"
or "Sponsor" as defined in Title 2.1 of the U.S. Code of Federal regulations, and the Company shall retain full responsibility
for the content of certain documents and regulatory submission, for interpretation of the data contained therein and for the timing,
preparation and processing of regulatory submissions.



 




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		d.	The Company acknowledges that the Consultant shall at all times during the Consultant’s engagement
under this Agreement act as an independent contractor and not as an employee or agent of the Company, and shall not assume or incur
any benefits, rights, or obligations related to said employee or agent status. Neither party shall be authorized to act as the
agent for the other, nor shall either be bound by the acts of the other, except as otherwise specifically provided in this Agreement.
Consultant further agrees and understands that he or she is personally and solely responsible for acts of negligence, maintaining
insurance, and payment of personal taxes and social security



 


		e.	Nothing contained in this Agreement shall be construed as prohibiting the Company from disclosing
the name of the Consultant and his or her relationship with the Company as a consultant and advisor, in various documents used
by the Company for capital raising and financing or other purposes, including, without limitation, its website and in one or more
press releases announcing or referencing the Consultant’s affiliation with the Company.



 


		9.	Term, Termination



 


		a.	This Agreement shall terminate six (6) months from the Effective Date of this Agreement unless
extended in writing upon mutual agreement of the parties for additional six (6) month periods.



 


		b.	This Agreement may be terminated by the Company or the Consultant with thirty (30) days prior written
notice, such notice to be sent by e-mail, registered mail or private courier. The Company shall pay Consultant for any authorized
Services provided prior to the end of the notice period.



 


		c.	"Termination" as used herein shall in no way effect Sections 2, 4, 5, 7 and 9 herein,
and it is the desire of the parties hereto that these paragraphs survive the termination of this Agreement and be enforced regardless
of any termination, forfeiture of default by any party hereunder.



 


		10.	Sufficiency of Consideration



 


Consultant hereby acknowledges
the sufficiency of the above stated fee as consideration of this Agreement.


 


		11.	Waiver



 


A waiver of the breach of any
term, provision, or condition of this Agreement shall not constitute a precedent, nor bind either party to a waiver of any succeeding
breach of the same or any other term, provision, or condition.


 




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		12.	Construction 



 


		a.	This Agreement shall not be construed against the party preparing it, but should be construed as
if all parties jointly prepared this Agreement, and any uncertainties and ambiguities should not be interpreted against any party.
Paragraph captions are inserted for convenience only and will in no way be construed to define, limit or affect construction or
interpretation hereof.



 


		b.	This Agreement shall be construed under, governed by, and the rights and obligations of the parties
determined in accordance with the law of the State of Maryland, without giving effect to the principles of conflicts of law.



 


		13.	Severability 



 


If for any reason one or more
provision or provisions of this Agreement are decreed null, void, or illegal by a court of competent jurisdiction such decree will
in no way affect the remaining portions of the Agreement.


 


		14.	Headings



 


The Headings of the sections
are inserted for convenience or reference only and shall not affect any interpretation of this Agreement.


 




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		15.	Notices



 


Any notices or other communications
under this Agreement shall be in writing and shall be deemed to have been given: when delivered personally against receipt therefore;
one day after being sent by Federal Express or similar overnight delivery; or three day after being mailed by registered or certified
mail, postage prepaid, to a party hereto at the address set forth below, or to such other address as such party shall give by notice
hereunder to the other party to this Agreement.


 


If to the Company:


 


QPAGOS Corporation

Paseo de la Reforma 404 Piso 15 PH


Col. Juárez, Del. Cuauhtémoc,
México, D.F. C.P. 06600


Attention: Gaston Pereira


 


If to Consultant:


 


The address set forth for Consultant
in the Company’s books and records


 


		16.	Entire Agreement Modification



 


This Agreement together with
the Non-Disclosure Agreement and the Employment Agreement previously signed by Consultant and the Company are the entire agreements
of the parties relating to the subject matter hereof and thereof, and the parties hereto and thereto have made no agreements, representations
or warranties relating to the subject matter of this Agreement which are not set forth herein or therein. No amendment or modification
of this Agreement shall be valid unless made in writing and signed by each of the parties hereto.


 


		17.	Binding Effect



 


The rights, benefits, duties
and obligation under this Agreement shall inure to, and be binding upon the Company, its successors and assigns, and upon Consultant
and his or her legal representative. This Agreement constitutes a personal service agreement, and the performance of Consultant's
obligations hereunder may not be transferred or assigned by Consultant and any such purported transfer or assignment shall null
and void ab initio.


 




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		18.	Assignability



 


This Agreement and the rights
and duties hereunder may not be assigned by either party without first obtaining the written consent of the other, which consent
will not be unreasonably withheld. Any such purported assignment, without the written consent of the other party, will be null,
void, and of no effect. Notwithstanding the foregoing, the Company may assign this Agreement (i) to a purchaser, merging or consolidation
corporation, or acquirer of substantially all of the Company's assets or business and/or pursuant to any reorganization qualifying
under section 368 of the Internal Revenue Code of 1986 as amended, as may be in effect at such time, or (ii) to an Affiliate of
the Company without such prior written consent.


 


IN WITNESS WHEREOF, the parties hereto,
intending to be legally bound thereby, have executed this Agreement as of the last day and year written below.


 


	QPAGOS CORPORATION	 	 	 
	 	 	 	 	 
	By:	/s/ Gaston Enrique Pereira	 	Date:	May 1st, 2015
	 	 	 	 	 
	Consultant	 	 	 
	 	 	 	 	 
	By	/s/ Sergey Rumyantsev	 	Date:	May 1st, 2015
	 	Sergey Rumyantsev	 	 	 


 




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