Document:

Converted by EDGARwiz

CONSULTING AGREEMENT

This consulting agreement (this “Agreement”), effective as of April 18th, 2008, is entered by and between National Automation Services Inc. a Nevada Corporation (the “Company”) and Draco Financial LLC, a Florida Limited Liability Company (“Consultant”), together the Parties (the “Parties”).

RECITALS

WHEREAS, Consultant has experience in the area of corporate finance, investor communications, and financial and investor public relations; and

WHEREAS, the Company desires to formalize its existing business relationship with the consultant and to enter an agreement to further engage the services of Consultant to assist and consult with the Company in matters concerning corporate finance, investor communications and public relations with existing shareholders, broker, dealers, and other investment professionals as to the company’s current and proposed activities;

NOW THEREFORE, in consideration of the premises and the mutual covenants and agreements set forth, and intending to be legally bound, the Company and Consultant agree as follows:

				
	 

	 

	 

	 

	 

	1.

	Term of Consultancy . the Company engages Consultant to act in a consulting capacity to the Company, and the Consultant agrees to provide services to the Company commencing on the date first set forth above.

	 

	 

	 

	 

	2.

	Duties of Consultant. The Consultant will generally provide the following specified consulting services (the “Services”) through its officers and employees during the term of this Agreement:

	 

	 

	 

	 

	 

	A.

	Advise and assist the Company in developing and implementing appropriate plans and material for presenting the Company and its business plans, strategy and personnel to the financial community, and creating the foundations for subsequent financial public relations efforts;

	 

	 

	 

	 

	 

	 

	B.

	Introduce the Company to the financial community;

	 

	 

	 

	 

	 

	 

	C.

	With the cooperation of the Company, maintain an awareness during the term of this Agreement of the Company’s plans, strategy, and personnel, as they may evolve during such period, and advise and assist the Company in communicating appropriate information regarding such plans, and personnel to the financial community;

	 

	 

	 

	 

	 

	 

	D.

	Assist and advise the company with respect to its (i) stockholder and investor relations, (ii) relations with brokers dealers, analysts, and other investment professionals, and (iii) financial and media public relations generally;

				
	 

	 

	 

	 

	 

	 

	E.

	Perform the functions generally assigned to investor/stockholder relations departments in major corporations, including responding to telephone and written inquiries (which may be referred to the Consultant by the Company); assisting in the preparation of press releases for the Company with the Company’s involvement and approval for reviewing press releases, reports, and other communications with or to shareholders, the investment community, and the general public; advising with respect to the timing, form, distribution, and other matters related to such releases, reports communications, and consulting with respect to corporate symbols, logos, names, the presentation of such symbols, logos, and names, and other matter relating to corporate image.

	 

	 

	 

	 

	 

	 

	F.

	Upon receipt of the Company’s approval, conduct meeting in person or by telephone, with brokers, dealers, analysts, other investment professionals and the general investing public.

	 

	 

	 

	 

	 

	 

	G.

	Upon receipt of the Company’s approval, conduct meeting in person or by telephone, with brokers, dealers, analysts, other investment professionals and the general investing public.

	 

	 

	 

	 

	 

	 

	H.

	At the Company’s request, review business plans, strategies, mission statements, budgets, proposed transactions and other plans for the purpose of advising the Company of the investment community implications thereof; and

	 

	 

	 

	 

	 

	 

	I.

	Otherwise perform as the Company’s financial relations and public relations consultant.

	 

	 

	 

	 

	 

	3.

	Allocation of Time and Energies The Consultant will perform the Services in a professional manner in accordance with accepted industry standards and in compliance with applicable securities laws and regulations. Although no specific hour-per-day requirement will be required, the parties acknowledge and agree that a disproportionately large amount of the effort to be extended and the costs to be incurred by the Consultant and the benefits to be received by the Company are to be expected to occur upon and shortly after, and in any event, within two months of the effectiveness of this Agreement. It is explicitly understood that Consultants performance of its duties hereunder will in no way be measured by the price of the Company’s common stock, nor the trading volume of the Company’s common stock.

	 

	 

	 

	 

	4.

	Remuneration. As full and complete compensation for the Consultant’s agreement to perform the Services, the Company shall compensate the Consultant as follows:

				
	 

	 

	 

	 

	 

	 

	A.

	For undertaking this engagement and of other good and valuable consideration, the Company agrees to issue and deliver to the Consultant a “Commencement Bonus” payable in the form of Twenty Five Thousand Dollars in cash. This Commencement Bonus shall be issued to the Consultant immediately following execution of the Agreement and shall, when issued to the Consultant, be fully paid and non assessable. The Company understands and agrees that engagement and the Company derives substantial benefit from the execution of this Agreement and the ability to establish its relationship with the Consultant. The monies issued as a Commencement Bonus, therefore, constitute payment for Consultant’s agreement to consult with the Company and are a prepayment for future services. If the Company attempts to terminate this Agreement prior to expiration of its term for any reason whatsoever, it is agreed and understood that Consultant will not be requested or demanded by the company to return any of the monies paid to it hereunder.

	 

	 

	 

	 

	 

	 

	B.

	All monies issued pursuant to this Agreement shall be issued in the name of Consultant.

	 

	 

	 

	 

	 

	5.

	Expenses. Consultant agrees to pay for all its expenses (phone, labor, etc.), other than extraordinary items for which the Company will reimburse Consultant. Such extraordinary items include travel and entertainment required by/or specifically requested by the Company, luncheons or dinners for large groups of investment professionals, mass faxing to a sizable percentage of the company’s constituents, investor conference call, print advertisement in publications and like expenses approved by the Company prior to its incurring an obligation for reimbursement.

	 

	 

	 

	 

	6.

	Indemnification. The Company agrees to indemnify and hold Consultant harmless from and against any losses, damages, or liabilities related to or arising out of Consultant’s engagement, and will reimburse Consultant for all reasonable expenses (including reasonable counsel fees) as they are incurred by Consultant in connection with investigating, preparing for, or defending any action or claim related thereto, whether or not in connection with pending or threatened litigation in which Consultant is a party. The Company will not, however, be responsible for any actions, claims, liabilities, losses, damages, liabilities related to, and other equitable considerations; provided, however, that in no event shall the amount to be contributed by the Consultant exceed the amounts actually received by Consultant. The foregoing shall be in addition to any rights that Consultant may have at common law or otherwise and shall extend upon the same terms to inure to the benefit or and director, officer, employee, agent or controlling person Consultant.

	 

	 

	 

	 

	7.

	Representation. The Company warrants and represents that all oral communications, written documents or materials furnished to Consultant are accurate, and the Consultant warrants and represents that all communications by Consultant with the public with respect to the financial affairs, operations, profitability, and strategic planning of the Company will be in accordance with information provided to it by the Company. The Company may rely upon the accuracy of the information provided to it by the Company. The Company may rely upon the accuracy of the information provided by the Company without independent investigation. Consultant represents that it is not requires to maintain any licenses and registrations under federal or any state regulations necessary to perform the services set forth herein. Consultant acknowledges that to the best of its knowledge. Consultant and its officers and directors are not the subject of any investigation, claim decree, or judgment involving any violations of the SEC or securities laws.

			
	 

	 

	 

	 

	8.

	Statues as Independent Contractor. Consultant’s engagement pursuant to the Agreement shall be as independent contractor, and not as employee, office or other against the Company. Neither party to this Agreement shall represent or hold itself out to be the employer or employee of the other. Consultant further acknowledges the consideration provided herein above is a gross amount of consideration and that the Company will not withhold from such consideration in any amount as to income taxes and other such payments shall be made or provided for by Consultant and the Company shall have no responsibility or duties regarding such matters. Neither the Company nor the Consultant possesses the authority to bind each other in any agreements without the express written consent on the entity to be bound.

	 

	 

	 

	 

	9.

	Waiver. The waiver by either party of a breach of any provision of this agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by such other party.

	 

	 

	 

	 

	10.

	Notices. All notices, requests, and other communications hereunder shall be deemed to be duly given if sent by U.S. mail, postage prepaid, addressed to the other party at the address set forth herein below:

		
	 

	 

	Draco Financial, LLC

	National Automation Services, Inc.

	1950 Lee Rd

	2053 Pabco Road

	Suite 224

	Henderson, NV 89011

	Winter Park, FL 32789

	 

Either party may change address to which notices for it shall be addressed by providing notice of such change to other party in the manner set forth in this paragraph.

			
	 

	 

	 

	 

	11.

	Choice of Law, Jurisdiction, and Venue. This Agreement shall be governed by, construed, and enforced in accordance with the internal laws of the State of Florida, without giving the effect to its conflict of laws choice of law principals.

	 

	 

	 

	 

	12.

	The parties agree that all disputes between them of any nature whatsoever shall be resolved in Orlando, FL via binding arbitrations before either the American Arbitration Association ( www.adr.org ) or JAMS ( www.jamsadr.org ), whichever the Company prefers. The arbitrator shall have the power to decide all matter, including arbitrarily, but must decide all disputes in accordance with Florida Law. The Parties choose arbitration because it is usually faster and less expensive than litigations, and it will allow the parties to resolve their disputes privately. The arbitrator shall allow limited discovery to allow the Parties to present our respective cases, but shall be mindful of out desire to avoid the expense of broad discovery typically allowed in litigation.

	 

	 

	 

	 

	13.

	Complete Agreement. This Agreement contains the entire agreement of the parties relations to the subject matter hereof. This Agreement and its terms may not be changed orally but only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification, extension, or discharge is sought.

AGREED TO:

					
	 

	 

	 

	 

	 

	“The Company”

	 

	National Automation Services, Inc.

	 

	 

	 

	 

	Date:

	 April 18, 2008

	 

	By:

	 /s/ Bob Chance

	 

	 
	 

	 

	 

	 

	 

	 

	 

	Bob Chance, CEO

	 

	 

	 

	 

	& its Duly Authorized Officer

	 

	 

	 

	 

	 

	“Consultant”

	 

	 

	Draco Financial, LLC.

	 

	 

	 

	 

	 

	Date:

	 April 18, 2008

	 

	By:

	 /s/ Rick Esquivel

	 

	 
	 

	 

	 

	 

	 

	 

	 

	Rick Esquivel, CEO

	 

	 

	 

	 

	& Its Duly Authorized OfficerConverted by EDGARwiz

 Viard Consulting Services 7/16/2008

National Automation Services, Inc.
2053 Pabco Rd.

Henderson, Nevada, 89011
 Dear National Automation Services, Inc.,

Viard Consulting Services is very pleased to be a part of National Automation Services, Inc. development process. This engagement letter serves as an umbrella for helping and assisting National Automation Services obtain appropriate iBanker relationships for raising capital. This letter documents the understanding of the services and related report(s) and other deliverables defined below that Viard Consulting will provide to National Automation Services, Inc.

Project Objectives and Scope
 The services under this Agreement include those set forth below, as and when instructed by the company.

During the course of this project Viard Consulting Services will perform the following activities:

1) Identify and introduce an iBanker to National Automation Services, Inc. to assist the Company with refinancing their existing debt, acquisition financing, working capital financing, and any other financing needs with the best iBanker and success fee rates available in the marketplace based on the position of the Company at any given point in time.

2) Provide Advisory services in the realm of guidance and compliance where required on behalf of the Company.

3) Assist National Automation Services, Inc. with questions and concerns raised by i-Bankers where necessary to ensure the relationships remain intact.

Fees & terms
 Fee Agreement (this “Agreement”) is made and entered into as of Thursday day of July 16, 2008 by and between Angelo Viard CEO of Viard Consulting Services and National Automation Services, Inc. Angelo Viard will assist in identifying and introducing the appropriate iBanker (Gianpiero Balestrieri (JP)) and assist the company with future iBanker needs.

W I T N E S S E T H:
 NOW, THEREFORE, in consideration of the mutual covenants contained herein, and intending to be legally bound, the parties hereto agree as follows:

National Automation Services agrees to compensate Viard Consulting Services (i.e Angelo Viard) in connection therewith as set forth below:

a. At the beginning of this engagement, National Automation Services, Inc. Management has agreed to issue 100,000 restricted 144 A common stock shares of NASV to Angelo Viard for the services as described within.

 

 

 
Viard Consulting Services 7/16/2008
 b. Upon securing financing arrangements as identified herein through the iBanker relationship fuither documented herein (i.e Gianpiero Balestrieri (JP)), National Automation Services, Inc. has agreed to pay Viard Consulting Services (i.e. Angelo Viard) a commission of 2% of the overall amount of debt secured upon completion (i.e. “closing date of funding”). The agreed upon amount of commission for the services identified herein will extend from the Company’s current needs of refinancing its existing debt to future debt trenches received through the iBanker relationship further documented herein (i.e Gianpiero Balestrieri (JP)). In the event the relationship with the current iBanker identified herein shall cease to exist, the Company and Viard Consulting Services (i.e. Angelo Viard) reserves the right in written form to extend this agreement by obtaining a new iBanker relationship through Viard Consulting Services (i.e. Angelo Viard).

Term.
 This engagement will commence on the date of this letter agreement and continue for an initial period of twelve (12) months, which period shall be automatically extended for successive thirty (30) day periods unless either party provides written notice to the other of its intent not to extend the period. Either party may terminate the engagement (with or without cause) at any time by providing at least thirty (30) days prior written notice of the termination. Further, in the event any Transaction is consummated, or a letter of intent therefore is entered into, within a period of twenty-four (24) months subsequent to the termination of this letter agreement with any party introduced by the iBanker as identified herein to the Company, the Company shall pay to Viard Consulting Services (i.e. Angelo Viard) the commission fee (as described above) at the closing of the Transaction(s).

Governing Law.
 This letter agreement will be governed by and construed in accordance with the applicable substantive laws of the State of New York. This letter agreement will be governed by and construed in accordance with procedural laws/rules of the American Arbitration Association (“AAA Arbitration”) in the case of any disputes between the parties herein. The Company hereby irrevocably consents to personal jurisdiction and venue of AAA arbitration for the purposes of any claim, action or other proceeding arising out of this letter agreement which is brought by or against the Company, and hereby agrees that all claims, action or proceeding shall be heard and determined by AAA arbitration.

To the extent any dispute arises between the parties hereto regarding any of the subject matter hereof, the prevailing party in any action or proceeding brought in connection therewith will be entitled to reasonable attorneys’ fees and court costs from the losing party. This is the entire agreement between the parties and supersedes all prior negotiations or agreements. Any modifications to this Agreement must be made in writing and signed by the parties.

Confidentiality
 The Company further acknowledges that any service, information or advice provided by Advisor to the Company in connection with this engagement is for the confidential use of senior management of the Company and may not be disclosed or referred to publicly or to any third party, without our prior written consent, which consent will not be unreasonably withheld. Advisor will treat confidentially any material non-public information relating to the Company provided by the Company to Advisor during this engagement, except as (a) required in order to perform Services hereunder, including disclosing such information to its officers, employees, agents and other representatives as necessary, (b) such information becomes publicly available other than by disclosure by Advisor in violation of the terms hereof or (c) otherwise required by law or judicial or regulatory process. All records, files, financial statements, client and customer lists, brochures, documents and the like relating to the Company or the business of the Company which shall come into Advisor’s possession shall remain and be deemed to the sole property of the Company and Advisor shall promptly return same upon the Company’s request.

 
 
Indemnification
 National Automation Services, Inc. shall indemnify and hold harmless Viard Consulting Services (i.e Angelo Viard) from any loss, damage or liability resulting from Focus Bankers or Gianpiero Balestrieri (JP) and company’s violation of the terms of this Agreement. Such indemnification provisions shall survive the consummation, cancellation, or abandonment of the proposed transaction.

 

 

 
Viard Consulting Services 7/16/2008
 IN WITNESS WHEREOF , the undersigned have executed this Agreement on the date and year first above written.

Very Truly Yours,
Angelo Viard
 
Jonathan D. Woods, CFO
National Automation Services, Inc.
 

 				
	  
	  
	
 
	
 

	
Agreed and Accepted by:
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
/s/ Jonathan Woods
	  
	 Date:
	
7/16/2008

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}]]