Document:

ex10.17

 

 

 

 June 26, 2012
 

 Bioshaft Water Technology Inc.
 1 Orchard Dr., Suite 220
 Lake Forest, CA, 92630
 

 

 	 	
	 RE: 
	 CONSULTING AGREEMENT BETWEEN

	  
	 BIOSHAFT WATER TECHNOLOGY INC. (the “Company”)

	  
	 AND SRA REAL ESTATE SERVICES, INC. (the “Consultant”)

	  
	  

 

 Further to the discussion between Bioshaft Water Technology Inc. and SRA Real Estate Services, Inc., below are the terms of the agreement between the Company and the consultant engaging as a Corporate Marketing and Business Development Consultant..
 

 AGREEMENT
 

 DATED on this 1st day of July, 2012 by Bioshaft Water Technology Inc. a State of Nevada Corporation with offices in Lake Forest, CA (the “Company”) and SRA REAL ESTATE SERVICES, INC. a State of california Corporation with offices in San Diego, CA (the “Consultant”).
 

 CONSULTING SERVICES
 

 A.) The Company hereby retains the services of the Consultant to render corporate finance, adminstrative, and management in the form of:
 

 1.
 Assist with corporate governance requirements.
 2.
 Prepare documents and provide internal support for accountants’ quarterly SEC, and annual tax filings. 
 3.
 Act as the primary contact on all Investor Relations, and outside communications with the company for administrative and financial issues.
 4.
 Respond to regulatory, legal, and financial inquiries on behalf of the company.
 5.
 Assist the President to define management and administrative controls and policies that meet regulatory agencies for implementation by the company. 
 6.
 Review and help in writing contracts and agreements on behalf of the company.
 7.
 Develop a purchasing and financial system to support the project management in an efficient and timely manner.
 8.
 Establish program to generate new Private Investments.
 

 

 

 Bioshaft Water Technology Inc.
 1 Orchard Dr. #220, Lake forest, CA 92630 
 
 
 
 

  
 

 9.
 Implement a program to establish credit with third parties such as financial institutions, vendors, suppliers, and private lenders.
 10.
 Complete the implementation of a professional support team of consultants in the financial, accounting, purchasing, administrative, and client communication areas.
 

 B.) The Consultant hereby accepts such retention on the terms and conditions herein set forth and agree to use their best efforts to perform these services at the request of the Company.
 

 C.) The Consultant shall not be required to devote any minimum or specific expenditure of time in performing these services, provided that the Consultant shall be reasonably accessible to the Company and shall devote such efforts to the effective performance of such services as may be commensurate therewith.
 

 TERM
 

 The term of this Agreement shall be through December 31, 2012.  
 

 After December 31, 2012, this Agreement can be terminated with 30 days written notice by either party.
 

 COMPENSATION
 

 In full consideration and compensation for the consulting services to be rendered to the Company by the Consultant, the Consultant shall be remunerated as follows (all figures are in US dollars)
 

 1.
 The Company shall pay the Consultant Ten thousand dollars ($10,000.00) for the services rendered by the Consultant on the Company’s behalf. 
 2.
 The Ten thousand dollars ($10,000.00) is payable on the execution of the contract and every thirty days afterward.
 

 EXPENSES
 

 The Company agrees to reimburse the Consultant for special pre-approved travel expenses made specifically on behalf of the company.
 

 COMPANY’S OBLIGATIONS
 

 The Company shall make available to the Consultant all information concerning the business, assets, operations and financial condition of the Company, which the Consultant reasonably requests in connection with the performance of its obligations.  The Consultant may rely on the accuracy of all such information without independent verification.
 

 

 Bioshaft Water Technology Inc.
 1 Orchard Dr. #220, Lake forest, CA 92630 
 
 
 
 
 
 

 
 
 
 CONFIDENTIALITY
 

 The Consultant hereby agrees to maintain in the strictest confidence all such information provided to it by the Company, provided that such information is first identified by the Company as confidential information.
 

 INDEMNIFICATION
 

 The Company shall indemnify and hold harmless the Consultant against any and all loss, liability, damage, cost or expense arising out of any claim or lawsuit, actual or threatened, which the Consultant may suffer, sustain or become subject to, as a result of, or in connection with, the performance of their obligations under this Agreement, except for any loss, liability or expense which is suffered as the result of, or in connection with, the Consultant’s willful misconduct, provided that the Consultant shall give prompt written notice to, and shall cooperate with and render assistance to, the Company regarding any such claim or lawsuit, and provided further the Company shall have the option to undertake and conduct the defense of any such claim or lawsuit.   
 

 ENTIRE AGREEMENT
 

 This Agreement constitutes the entire Agreement between the parties and replaces all previous agreements, written or oral between the parties.  This agreement can only be amended in writing and both parties must sign all amendments.
 

 Please indicate acceptance of these terms by signing below where indicated. 
 

 

 	 	
	 SRA Real Estate Services, Inc. 
	 BioShaft Water Technology

	  
	  

	 /s/ Sam Ariss
	 /s/ Walter J. Zurawick, Jr.

	 June 26, 2012
	 June 26, 2012

	  
	  

	 Samir Ariss
	 Walter J. Zurawick, Jr.

	 President
	 President and CEO 

 

 
 
  
  
 

 Bioshaft Water Technology Inc.
 1 Orchard Dr. #220, Lake forest, CA 92630ex10.18

  
  
  
  
 July 1, 2012
 

 Bioshaft Water Technology Inc.
 1 Orchard Dr., Suite 220
 Lake Forest, CA, 92630
 

 

 	 	
	 RE:
	 CONSULTING AGREEMENT BETWEEN

	  
	 BIOSHAFT WATER TECHNOLOGY INC. (the “Company”)

	  
	 AND Hydro E +, LLC (the “Consultant”)

	  
	  

 

 Further to the discussion between Bioshaft Water Technology Inc. and Hydro E + , LLC below are the terms of the agreement between the Company and the consultant engaging as a Corporate Engineering and Patent Design support Consultant.
 

 AGREEMENT
 

 DATED on this 1st day of July, 2012 by Bioshaft Water Technology Inc. a State of Nevada Corporation with offices in Lake Forest, CA (the “Company”) and Hydro E +, LLC a State of California Corporation with offices in Chula Vista, CA  (the “Consultant”).
 

 CONSULTING SERVICES
 

 A.) The Company hereby retains the services of the Consultant to render marketing, sales and business development in the form of:
 

 1. Provide engineering support to Sales for proposal generation. 
 2. Assist Engineering with Patent support for MAAD Technology. 
 3. Provide support to Saudi Engineering Operation. 
 

 B.) The Consultant hereby accepts such retention on the terms and conditions herein set forth and agree to use their best efforts to perform these services at the request of the Company.
 

 C.) The Consultant shall not be required to devote any minimum or specific expenditure of time in performing these services, provided that the Consultant shall be reasonably accessible to the Company and shall devote such efforts to the effective performance of such services as may be commensurate therewith.
 

 

 Bioshaft Water Technology Inc.
 1 Orchard Dr. #220, Lake forest, CA 92630
 

 
 

 

 

 TERM
 

 The term of this Agreement shall be through 30th day of June, 2013.
 

 After 1st day of July, 2013 this Agreement can be terminated with 30 days written notice by either party.
 

 COMPENSATION
 

 In full consideration and compensation for the consulting services to be rendered to the Company by the Consultant, the Consultant shall be remunerated as follows (all figures are in US dollars)
 

 1. The Company shall pay the Consultant Seven thousand dollars ($7,000.00) for the services rendered by the Consultant on the Company’s behalf. 
 2. The Seven thousand dollars ($7,000.00) is payable on the execution of the contract and every thirty days afterward. 
 

 EXPENSES
 

 The compensation includes reasonable expense in connection with the services stated above, including but not limited to: telephone, facsimile, postage, photocopying, travel and courier expenses. The Company agrees to reimburse the Consultant for special pre-approved travel expenses for marketing, training or special projects.
 

 COMPANY’S OBLIGATIONS
 

 The  Company  shall  make  available  to  the  Consultant  all  information  concerning  the business, assets, operations and financial condition of the Company, which the Consultant reasonably requests in connection with the performance of its obligations.  The Consultant may rely on the accuracy of all such information without independent verification.
 

 CONFIDENTIALITY
 

 The Consultant hereby agrees to maintain in the strictest confidence all such information provided to it by the Company, provided that such information is first identified by the Company as confidential information.
 

 

 

 Bioshaft Water Technology Inc.
 1 Orchard Dr. #220, Lake forest, CA 92630
 

 
 

 

 

 INDEMNIFICATION
 

 The Company shall indemnify and hold harmless the Consultant against any and all loss, liability, damage, cost or expense arising out of any claim or lawsuit, actual or threatened, which  the  Consultant  may  suffer,  sustain  or  become  subject  to,  as  a  result  of,  or  in connection with, the performance of their obligations under this Agreement, except for any loss,  liability  or  expense  which  is  suffered  as  the  result  of,  or  in  connection  with,  the Consultant’s  willful  misconduct,  provided  that  the  Consultant  shall  give  prompt  written notice to, and shall cooperate with and render assistance to, the Company regarding any such claim or lawsuit, and provided further the Company shall have the option to undertake and conduct the defense of any such claim or lawsuit.
 

 ENTIRE AGREEMENT
 

 This  Agreement  constitutes  the  entire  Agreement  between  the  parties  and  replaces  all previous  agreements,  written  or  oral  between  the  parties.   This  agreement  can  only  be amended in writing and both parties must sign all amendments.
 

 Please indicate acceptance of these terms by signing below where indicated.
 

 	 	
	 Hydro E +, LLC
	 Bioshaft Water Technology, Inc.

	  
	  

	 /s/ Nelson Galan
	 /s/ Walter J. Zurawick, Jr.

	 July 1, 2012
	 July 1, 2012

	  
	  

	 Nelson Galan, CFO
	 Walter J. Zurawick Jr., CEO

 

 

 

 
 
  
  
 Bioshaft Water Technology Inc.
 1 Orchard Dr. #220, Lake forest, CA 92630

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