Document:

Unassociated Document

    CONSULTING
      AGREEMENT 

     

    THIS
      AGREEMENT (“Agreement”),
      effective as of the 25th
      day of
      August, 2006 (the "Effective
      Date"),
      by
      and between Energtek
      Inc.
      (“the
      Corporation”)
      a
      corporation registered in Nevada having its principle place of business at
      26
      East Hawthorne Avenue, Valley Stream, New York 11580 and P.G. Engineering S.A.
      (“the
      Consultant”)
      a
      company registered in Nevis and having its principle place of business at 9
      Chelabinskaya Str., Suite 195, Kiev, Ukraine. 

     

    WHEREAS,
      Consultant is engaged in the business of providing engineering services and
      performing R&D activities; and

     

    WHEREAS,
      the
      Corporation desires to engage the Consultant to perform certain services in
      the
      field of alternative energy(“Services”)
      as set
      forth hereunder, all in accordance with and subject to the terms of this
      Agreement;

     

    NOW,
      THEREFORE,
      IN
      CONSIDERATION OF THE PREMISES AND THE MUTUAL COVENANTS AND CONDITIONS
      HEREINAFTER SET FORTH, THE PARTIES AGREE AS FOLLOWS:

     

    
      	1.  	
              PROJECT
                SPECIFICATIONS

            

    

     

    Consultant
      hereby agrees to perform those precise services to be mutually agreed upon
      by
      the Parties and set forth in one or more task orders (each a “Task
      Order”),
      a
      form of which is attached hereto as Exhibit
      A.
      Each
      Task Order shall be signed by an authorized representative of each party and
      shall include detailed information concerning a given project, including a
      description of the specific services to be provided (“Scope
      of Work”),
      project milestones and target completion dates (“Project
      Schedule”),
      a
      detailed budget (“Project
      Budget”),
      and a
      schedule of payments related to the Project Schedule and the Project Budget
      (“Payment
      Schedule”).
      

     

     

    
      	2.  	
              PROJECT
                SCHEDULE

            

    

     

    
      	2.1.  	
              Each
                Task Order shall contain project timelines, milestones or target
                dates for
                completion of a project or a portion thereof, and all such schedules
                shall
                be reasonable for the Services to be provided. In all events, the
                Parties
                shall use their reasonable best efforts to comply with each Task
                Order.

            

    

     

    
      	2.2.  	
              If
                at any time either Party anticipates a delay in meeting the timelines
                for
                a given Task Order as set forth in its Project Schedule, either due
                to
                changes to the Services requested by the Corporation, or other causes,
                then the anticipating Party shall promptly notify the other Party
                in
                writing, specifying the reason for the delay and the anticipated
                effect
                upon the timelines, milestones or other
                deliverables.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	3.  	
              CHANGE
                ORDERS

            

    

     

    Any
      change in the details of a Task Order or the assumptions upon which the Task
      Order is based may require changes in the Project Budget, Payment Schedule
      or
      Project Schedule. Every such change shall require a written amendment to the
      Task Order (a “Change
      Order”).
      Each
      Change Order shall detail the requested changes to the applicable task,
      responsibility, duty, budget, timeline or other matter. The Change Order will
      become effective upon the execution of the Change Order by both Parties, and
      the
      Change Order will specify
      the period of time within which Consultant must implement the changes. Both
      Parties agree to act in good faith and promptly when considering a Change Order
      requested by the other party but neither party is obligated to execute a Change
      Order. No Change Order shall become effective unless and until it is signed
      by
      both Parties.

     

     

    
      	4.  	
              PROJECT
                BUDGET, PAYMENT SCHEDULE, AND
                TERMS

            

    

     

    
      	4.1.  	
              The
                Corporation agrees to pay the Consultant for the Services rendered
                pursuant to the Project Budget and Payment Schedules included in
                each Task
                Order.

            

    

     

    
      	4.2.  	
              The
                Corporation agrees to reimburse the Consultant for reasonable pass-through
                expenses identified in the Task Order and incurred by the Consultant
                in
                providing the Services in accordance with the relevant Task Order,
                up
                until the pre agreed cap sum agreed ("Expenses")
                as specified in the relevant Task Order. All Expenses billed to the
                Corporation by the Consultant must be accompanied by appropriate
                documentary evidence, such as receipts or other documentation reasonably
                acceptable to the Corporation. 

            

    

     

    
      	4.3.  	
              The
                Corporation shall pay the Consultant as specified in the relevant
                Task
                Order after receipt of a written invoice and required supporting
                documentation as applicable. 

            

    

     

    
      
        	5.  	
                
                  REPORTS

                

              

      

       

    

    The
      Consultant shall submit to the Corporation on a monthly basis a report which
      shall set forth in detail the following data for that period: (i) the nature
      and
      the results of the Services; (ii) Expenses (as defined herein) incurred; and
      (iii) the number of hours and days during which the Services were
      rendered.

     

     

    
      	6.  	
              TERMINATION

            

    

     

    
      	6.1.  	
              Either
                party may terminate this Agreement without cause immediately upon
                giving
                the other party a 30 day prior written notice of such termination,
                provided such termination shall not in and of itself affect any then
                uncompleted Task Order.

            

    

     

    
      	6.2.  	
              As
                soon as practicable, after receipt of such notice, the parties shall
                cooperate in good faith to agree on a plan to expeditiously conclude
                its
                activities with respect to such matter. Consultant shall transfer
                to the
                Corporation all information in any and all formats available, including
                electronic format and computer files and programs, in Consultant’s
                possession.

            

    

     

    
      	 	
              6.3

            	
              The
                Consultant may terminate a Task Order only if the Corporation has
                defaulted on its obligations hereunder and has not cured such default
                within 10 days after written notice if the default is the failure
                to pay
                the Consultant any amount due thereunder or within 30 days after
                written
                notice in the event of any other default, upon giving the Corporation
                notice of such termination. As soon as practicable, after receipt
                of such
                notice, the parties shall cooperate in good faith to agree on a plan
                to
                expeditiously conclude its activities with respect to such matter.
                The
                Consultant shall transfer to the Corporation or to the Corporation’s
                designee all information in any and all formats available, including
                electronic format and computer files and programs, in Consultant’s
                possession.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	 	
              6.4

            	
              In
                the event of any termination of a Task Order before completion, the
                Corporation agrees to pay the Consultant for all Services rendered
                pursuant to the unfinished Task Order prior to such termination and
                any
                non-cancelable expenses incurred in connection with Consultant’s
                performance of Services thereunder. As soon as reasonably practicable
                following receipt of a termination notice, Consultant shall submit
                an
                itemized accounting of Services performed, expenses incurred pursuant
                to
                performance of the Services, non-cancelable expenses incurred by
                Consultant relating to any unfinished Task Order, and payments received
                in
                order to determine a balance to be paid by either Party to the other.
                Such
                balance shall be paid within 45 days of receipt of such an itemized
                accounting by the Corporation.

            

    

     

     

    
      	7.  	
              CONFIDENTIALITY

            

    

     

    
       

      
        	 	
                7.1

              	
                The
                  Consultant shall not disclose or appropriate to its own use, or
                  to the use
                  of any third party, any Proprietary Information (as hereinafter
                  defined)
                  of the Corporation of which Consultant has been or hereafter becomes
                  informed, whether or not developed by the Consultant.

                 

                “Proprietary
                  Information”
                  shall mean confidential and proprietary information concerning
                  the
                  business and financial activities of the Corporation, including,
                  inter
                  alia,
                  Corporation’s product research and development, Corporation’s banking,
                  investments, investors, properties, employees, marketing plans,
                  customers,
                  trade secrets, and test results, processes, data, know-how, improvements,
                  inventions, techniques and products (actual or planned), whether
                  documentary, written, oral or computer generated. However,
                  excluded from the above is any information that (i) is or shall
                  become
                  part of the public knowledge except as a result of the breach of
                  Consultant's undertakings towards the Corporation; (ii) as shown
                  by
                  written records, is received by the Consultant from a third party
                  exempt
                  from confidentiality undertakings towards the Corporation; (iii)
                  as shown
                  by written records, is independently created by the Consultant
                  without use
                  of Proprietary Information of the Corporation; or (iv) the Consultant
                  is
                  compelled by court or government action pursuant to applicable
                  law to
                  disclose such information, provided, however, that the Consultant
                  gives
                  the Corporation prompt notice thereof so that it may seek a protective
                  order or other appropriate remedy, after providing the Corporation
                  with
                  written notice.

              

      

      
         

        
          	 	
                  7.2

                	
                  The
                    Consultant will use the Proprietary Information solely to perform
                    the
                    Services for the benefit of the Corporation. The Consultant shall
                    treat
                    all Proprietary Information with the same degree of care as the
                    Consultant
                    accords to his own confidential and/or proprietary information,
                    and the
                    Consultant represents that it shall exercise reasonable care
                    to protect
                    its own confidential and/or proprietary
                    information.

                

        

        
          
             

            
              	 	
                      7.3

                    	
                      Upon
                        termination of its engagement with the Corporation, the Consultant
                        will
                        promptly deliver to the Corporation all documents and materials
                        of any
                        nature pertaining to its work with the Corporation. The Consultant
                        shall
                        be entitled to maintain a copy of such documents and materials
                        for
                        archival purposes, other than copies of any such documents
                        or materials
                        containing any Proprietary
                        Information.

                    

            

            
              
                 

                
                  
                    
                    

                  

                  
                    
                    

                    
                      

                    

                  

                  
                    
                    

                  

                

                 

                
                  	 	
                          7.4

                        	
                          The
                            Consultant recognizes that the Corporation received and
                            will receive
                            confidential and/or proprietary information from third
                            parties subject to
                            a duty on the part of the Corporation to maintain the
                            confidentiality of
                            such information and to use it only for certain limited
                            purposes. The
                            exceptions set forth in Section 7.1 above shall apply
                            to such information,
                            mutatis mutandis. The Consultant undertakes to keep and
                            hold all such
                            information in strict confidence and trust, and it will
                            not use or
                            disclose any of such information without the prior written
                            consent of the
                            Corporation, except as may be necessary to perform its
                            duties hereunder.
                            Upon termination of its engagement with the Corporation,
                            the Consultant
                            shall act, with respect to such information, as set forth
                            in Section 7.3,
                            mutatis mutandis.

                        

                

                
                  
                     

                    
                      	 	
                              7.5

                            	
                              The
                                Consultant’s undertakings under this Section 7 shall survive
                                termination
                                of this Agreement or of any renewal
                                thereof.

                            

                    

                    
                       

                       

                    

                  

                

              

            

          

        

      

    

    
      	8.  	
              INTELLECTUAL
                PROPERTY RIGHTS

            

    

    
       

      
        	 	
                8.1

              	
                The
                  Consultant agrees that all Corporation Intellectual Property (as
                  defined
                  below) is work made for hire and will be the sole and exclusive
                  property
                  of the Corporation.

              

      

      
        
          
             

            
              	 	
                      8.2

                    	
                      The
                        Consultant shall disclose promptly to the Corporation or
                        its nominee, any
                        and all inventions, designs, original works of authorship,
                        formulas,
                        concepts, techniques, processes, formulas, trade secrets,
                        discoveries and
                        improvements conceived or made by the Consultant in the course
                        of
                        providing the Corporation with the Services and in connection
                        thereof
                        during the term of this Agreement (“Corporation
                        Intellectual Property”),
                        and hereby assigns and agrees to assign to the Corporation
                        or its nominee
                        all its interest, in any Corporation Intellectual Property.
                        The Consultant
                        agrees to assist the Corporation in every proper way to obtain
                        and enforce
                        patents, copyrights, mask work rights, and other legal protections
                        for the
                        Corporation Intellectual Property in any and all countries,
                        at the
                        Corporation's expense. Whenever requested to do so by the
                        Corporation, the
                        Consultant will execute any documents that the Corporation
                        may reasonably
                        request for use in obtaining or enforcing or extending or
                        renewing such
                        patents, copyrights, mask work rights, trade secrets and
                        other legal
                        protections. The obligations in this Section 8 shall be binding
                        upon
                        Consultant’s assigns, executors, administrators and other legal
                        representatives. 

                    

            

            
              
                
                  
                     

                    
                      	 	
                              8.3

                            	
                              Consultant’s
                                undertakings under this Section 8 shall remain in
                                full force and effect
                                after termination of this Agreement or any renewal
                                thereof.
                                

                            

                    

                    
                       

                    

                  

                

              

            

          

        

      

    

     

    
      	9.  	
              ENTIRE
                AGREEMENT

            

    

     

    This
      Agreement contains the full understanding of the Parties with respect to the
      subject matter hereof and supersedes all existing agreements and all other
      oral,
      written or other communications between the Parties concerning the subject
      matter hereof. This Agreement shall not be amended, modified or supplemented
      in
      any way except in writing and signed by a duly authorized representative of
      the
      Corporation and the Consultant.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	10.  	
              GOVERNING
                LAW

            

    

     

    This
      Agreement and the performance hereof shall be governed, interpreted and
      construed in all respects by the internal laws of the State of New York. All
      disputes and claims arising under this Agreement or any Task Order shall be
      resolved exclusively in a court of applicable jurisdiction located in the State
      of New York, USA and each party consents to the venue of any such
      action.

     

    
      	11.  	
              NO
                WAIVER

            

    

     

    No
      waiver
      of any term, provision, or condition of this Agreement whether by conduct or
      otherwise in any one or more instances shall be deemed to be or construed as
      a
      further or continuing waiver of any such term, provisions, or conditions, or
      of
      any other term, provision, or condition of this Agreement.

     

     

    
      	12.  	
              INDEPENDENT
                CONTRACTOR

            

    

     

    In
      fulfilling its obligations pursuant to this Agreement, each Party shall be
      acting as an independent contractor. Neither Party is granted any right or
      authority to assume or to create any obligation or responsibility, expressed
      or
      implied, on behalf of or in the name of the other Party.

     

     

    
      	13.  	
              SEVERABILITY

            

    

     

    In
      the
      event any provision of this Agreement shall be determined to be void or
      unenforceable, the remaining provisions shall remain in full force and
      effect.

     

     

    
      	14.  	
              ASSIGNMENT

            

    

     

    
      	 	
              14.1

            	
              Except
                as set forth herein, neither Party shall assign this Agreement or
                any Task
                Order except with the express prior written consent of the other
                Party.

            

    

    

    
      	 	
              14.2

            	
              Notwithstanding
                anything contained herein: (i) the Corporation may assign this Agreement
                and/or any Task Order to any Affiliate, provided that the assigning
                Party
                remains fully liable for all liabilities and obligations under this
                Agreement and any such Task Order; (ii) the Corporation may assign
                this
                Agreement and/or any Task Order to a Successor; and (iii) the Consultant
                may engage one or more subcontractors to perform some or all of the
                Services to be rendered, provided such are approved in advance by
                the
                Corporation.

            

    

    

    
      	 	
              14.3

            	
              As
                used herein, “Affiliate” means in relation to a Party, any entity
                controlling such Party, controlled by such Party, or under common
                control
                with such Party; and “Successor” means any entity which acquires all or
                substantially all assets of a Party or any entity into which a Party
                is
                merged.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	15.  	
              CONFLICTS
                BETWEEN AGREEMENTS

            

    

     

    In
      the
      event that there is any conflict between the provisions of this Agreement and
      any duly executed Task Order, the duly executed Task Order (but not any
      attachment there to) shall control.

     

     

    
      	16.  	
              COMMUNICATIONS

            

    

     

    Each
      notice, demand, request, approval or communication ("Notice")
      which
      is or may be required to be given by any party to any other party in connection
      with this Agreement and the transactions contemplated hereby, shall be in
      writing, and given by personal delivery, certified mail, return receipt
      requested, prepaid, email or by overnight express mail delivery and properly
      addressed to the party to be served at such address as set forth hereunder.
      Notices shall be effective on the date delivered personally, the next day if
      delivered by overnight express mail or by email or three days after the date
      mailed by certified mail. 

    

    If
      to the
      Corporation:

    

    
      	
              Address:

              26
                East Hawthorne Avenue, Valley Stream, New York 11580 

            
	 
	
              Email:
                doronuziel@gmail.com

            
	 
	
              Attention:
                Doron Uziel 

            

    

     

    If
      to the
      Consultant:

    

    
      	
              Address

              9
                Chelabinskaya Str., Suite 195, Kiev, Ukraine

            
	 
	
              Email:
                ValeryR@pgengin.com

            
	 
	
              Attention:
                Valery Rodionov

            

    

    

    

    Signatures
      follow in next page

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Parties have executed this Agreement as of the date first
      set forth above.

     

    

    
      	 	 
	
              By:
                Doron Uziel

              (Print
                Name)

            	
              By:
                Valery Rodionov 

              (Print
                Name)

            
	 	 
	
              Title:
                CEO

            	
              Title:
                Director

            
	 	 
	
              Signature:
                _______________ 

            	
              Signature:
                _______________

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

    

    FORM
      OF TASK ORDER

    

    Consultant
      Task Order Number:
      1

    

    Consultant
      Project Number:
      3

     

    This
      Task
      Order, dated 25th
      August
      2006, is between Energtek Inc (“Corporation”),
      and
      P.G. Engineering S.A. (“Consultant”).

    

     

    WHEREAS,
      Consultant and Corporation have entered into that certain Consulting Agreement
      dated 25th
      August
      2006 (“Consulting
      Agreement”);
      and

     

    WHEREAS,
      pursuant
      to the Consulting Agreement, Consultant has agreed to perform certain Services
      in accordance with Task Orders from time to time entered into by the Parties
      and
      Corporation and Consultant now desire to enter into such a Task Order;
      and

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants contained herein, the Parties hereby
      agree
      as follows:

    

    
      	1.  	
              Scope
                of Work:
                Consultant shall perform the Services described in the Scope of Work,
                attached hereto as Appendix 1, in accordance with the Project Schedule,
                attached hereto as Appendix 2 and any other documents attached to
                and
                specifically referenced in this Task Order (“Services”)

            

    

    

    
      	2.  	
              Compensation:
                For performance of these Services, Corporation shall pay to Consultant
                an
                amount equal to the Project Budget set forth in Appendix 3, which
                amount
                shall be payable pursuant to the Payment Schedule set forth in Appendix
                4.
                

            

    

    

    
      	3.  	
              The
                provisions of the Consulting Agreement are hereby expressly incorporated
                by reference into and made a part of this Task
                Order.

            

    

    

     

    Signatures
      follow in next page

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    IN
      WITNESS WHEREOF,
      the
      Parties have hereunto signed this Task Order effective as of the day and year
      first written above.

     

    

    
      	 	 
	
              By:
                Doron Uziel

              (Print
                Name)

            	
              By:
                Valery Rodionov

              (Print
                Name)

            
	 	 
	
              Title:CEO

            	
              Title:
                Director

            
	 	 
	
              Signature:
                _______________ 

            	
              Signature:
                _______________

            

    

    

    List
      of Appendices:

    

    Appendix
      1: Scope of Work

    Appendix
      2: Project Schedule

    Appendix
      3: Project Budget

    Appendix
      4: Payment Schedule

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Appendix
      1: Scope of Work

    

    Conceptual
      Design and specifications of special machine for testing of gas
      adsorption

    

    

    Appendix
      2: Project Schedule

    

    Start
      of
      Work: August 28, 2006 

    Delivery
      Date: September 30, 2006

    

    Appendix
      3: Project Budget

    

    Six
      thousand ($6,000) US Dollars

    

    Appendix
      4: Payment Schedule

    

    The
      payment is to take place not later than September 1st,
      2006Unassociated Document

    CONSULTING
      AGREEMENT 

     

    THIS
      AGREEMENT (“Agreement”),
      effective as of the 30th
      day of
      August, 2006 (the "Effective
      Date"),
      by
      and between Energtek
      Inc.
      (“the
      Corporation”)
      a
      corporation registered in Nevada having its principle place of business at
      26
      East Hawthorne Avenue, Valley Stream, New York 11580 and EuroSpark SA
      (“the
      Consultant”)
      a
      company registered in Belgium and having its principle place of business at
      Av.
      Louise 109 Brussels 1050, Belgium. 

     

    WHEREAS,
      Consultant is engaged in the business of providing services related to the
      design and execution of alternative energy technology; and

     

    WHEREAS,
      the
      Corporation desires to engage the Consultant to perform certain services in
      the
      field of alternative energy(“Services”)
      as set
      forth hereunder, all in accordance with and subject to the terms of this
      Agreement;

     

    NOW,
      THEREFORE,
      IN
      CONSIDERATION OF THE PREMISES AND THE MUTUAL COVENANTS AND CONDITIONS
      HEREINAFTER SET FORTH, THE PARTIES AGREE AS FOLLOWS:

     

    
      	1.  	
              PROJECT
                SPECIFICATIONS

            

    

     

    Consultant
      hereby agrees to perform those precise services to be mutually agreed upon
      by
      the Parties and set forth in one or more task orders (each a “Task
      Order”),
      a
      form of which is attached hereto as Exhibit
      A.
      Each
      Task Order shall be signed by an authorized representative of each party and
      shall include detailed information concerning a given project, including a
      description of the specific services to be provided (“Scope
      of Work”),
      project milestones and target completion dates (“Project
      Schedule”),
      a
      detailed budget (“Project
      Budget”),
      and a
      schedule of payments related to the Project Schedule and the Project Budget
      (“Payment
      Schedule”).
      

     

     

    
      	2.  	
              PROJECT
                SCHEDULE

            

    

     

    
      	2.1.  	
              Each
                Task Order shall contain project timelines, milestones or target
                dates for
                completion of a project or a portion thereof, and all such schedules
                shall
                be reasonable for the Services to be provided. In all events, the
                Parties
                shall use their reasonable best efforts to comply with each Task
                Order.

            

    

     

    
      	2.2.  	
              If
                at any time either Party anticipates a delay in meeting the timelines
                for
                a given Task Order as set forth in its Project Schedule, either due
                to
                changes to the Services requested by the Corporation, or other causes,
                then the anticipating Party shall promptly notify the other Party
                in
                writing, specifying the reason for the delay and the anticipated
                effect
                upon the timelines, milestones or other
                deliverables.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	3.  	
              CHANGE
                ORDERS

            

    

     

    Any
      change in the details of a Task Order or the assumptions upon which the Task
      Order is based may require changes in the Project Budget, Payment Schedule
      or
      Project Schedule. Every such change shall require a written amendment to the
      Task Order (a “Change
      Order”).
      Each
      Change Order shall detail the requested changes to the applicable task,
      responsibility, duty, budget, timeline or other matter. The Change Order will
      become effective upon the execution of the Change Order by both Parties, and
      the
      Change Order will specify
      the period of time within which Consultant must implement the changes. Both
      Parties agree to act in good faith and promptly when considering a Change Order
      requested by the other party but neither party is obligated to execute a Change
      Order. No Change Order shall become effective unless and until it is signed
      by
      both Parties.

     

     

    
      	4.  	
              PROJECT
                BUDGET, PAYMENT SCHEDULE, AND
                TERMS

            

    

     

    
      	4.1.  	
              The
                Corporation agrees to pay the Consultant for the Services rendered
                pursuant to the Project Budget and Payment Schedules included in
                each Task
                Order.

            

    

     

    
      	4.2.  	
              The
                Corporation agrees to reimburse the Consultant for reasonable pass-through
                expenses identified in the Task Order and incurred by the Consultant
                in
                providing the Services in accordance with the relevant Task Order,
                up
                until the pre agreed cap sum agreed ("Expenses")
                as specified in the relevant Task Order. All Expenses billed to the
                Corporation by the Consultant must be accompanied by appropriate
                documentary evidence, such as receipts or other documentation reasonably
                acceptable to the Corporation. 

            

    

     

    
      	4.3.  	
              The
                Corporation shall pay the Consultant as specified in the relevant
                Task
                Order after receipt of a written invoice and required supporting
                documentation as applicable. 

            

    

     

    
       

      
        	5.  	
                
                  REPORTS

                

              

      

       

    

    The
      Consultant shall submit to the Corporation on a monthly basis a report which
      shall set forth in detail the following data for that period: (i) the nature
      and
      the results of the Services; (ii) Expenses (as defined herein) incurred; and
      (iii) the number of hours and days during which the Services were
      rendered.

     

     

    
      	6.  	
              TERMINATION

            

    

     

    
      	6.1.  	
              Either
                party may terminate this Agreement without cause immediately upon
                giving
                the other party a 30 day prior written notice of such termination,
                provided such termination shall not in and of itself affect any then
                uncompleted Task Order.

            

    

     

    
      	6.2.  	
              As
                soon as practicable, after receipt of such notice, the parties shall
                cooperate in good faith to agree on a plan to expeditiously conclude
                its
                activities with respect to such matter. Consultant shall transfer
                to the
                Corporation all information in any and all formats available, including
                electronic format and computer files and programs, in Consultant’s
                possession.

            

    

    
       

      	6.3  	
              
                The
                  Consultant may terminate a Task Order only if the Corporation has
                  defaulted on its obligations hereunder and has not cured such default
                  within 10 days after written notice if the default is the failure
                  to pay
                  the Consultant any amount due thereunder or within 30 days after
                  written
                  notice in the event of any other default, upon giving the Corporation
                  notice of such termination. As soon as practicable, after receipt
                  of such
                  notice, the parties shall cooperate in good faith to agree on a
                  plan to
                  expeditiously conclude its activities with respect to such matter.
                  The
                  Consultant shall transfer to the Corporation or to the Corporation’s
                  designee all information in any and all formats available, including
                  electronic format and computer files and programs, in Consultant’s
                  possession.

              

            

      
         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        	6.4  	
                
                  In
                    the event of any termination of a Task Order before completion,
                    the
                    Corporation agrees to pay the Consultant for all Services rendered
                    pursuant to the unfinished Task Order prior to such termination
                    and any
                    non-cancelable expenses incurred in connection with Consultant’s
                    performance of Services thereunder. As soon as reasonably practicable
                    following receipt of a termination notice, Consultant shall submit
                    an
                    itemized accounting of Services performed, expenses incurred
                    pursuant to
                    performance of the Services, non-cancelable expenses incurred
                    by
                    Consultant relating to any unfinished Task Order, and payments
                    received in
                    order to determine a balance to be paid by either Party to the
                    other. Such
                    balance shall be paid within 45 days of receipt of such an itemized
                    accounting by the
                    Corporation.

                

              

      

       

       

    

    
      	7.  	
              CONFIDENTIALITY

            

    

    
       

      	7.1  	
              
                The
                  Consultant shall not disclose or appropriate to its own use, or
                  to the use
                  of any third party, any Proprietary Information (as hereinafter
                  defined)
                  of the Corporation of which Consultant has been or hereafter becomes
                  informed, whether or not developed by the Consultant.

                 

                “Proprietary
                  Information”
                  shall mean confidential and proprietary information concerning
                  the
                  business and financial activities of the Corporation, including,
                  inter
                  alia,
                  Corporation’s product research and development, Corporation’s banking,
                  investments, investors, properties, employees, marketing plans,
                  customers,
                  trade secrets, and test results, processes, data, know-how, improvements,
                  inventions, techniques and products (actual or planned), whether
                  documentary, written, oral or computer generated. However,
                  excluded from the above is any information that (i) is or shall
                  become
                  part of the public knowledge except as a result of the breach of
                  Consultant's undertakings towards the Corporation; (ii) as shown
                  by
                  written records, is received by the Consultant from a third party
                  exempt
                  from confidentiality undertakings towards the Corporation; (iii)
                  as shown
                  by written records, is independently created by the Consultant
                  without use
                  of Proprietary Information of the Corporation; or (iv) the Consultant
                  is
                  compelled by court or government action pursuant to applicable
                  law to
                  disclose such information, provided, however, that the Consultant
                  gives
                  the Corporation prompt notice thereof so that it may seek a protective
                  order or other appropriate remedy, after providing the Corporation
                  with
                  written notice.

              

            

      
         

        	7.2  	
                
                  The
                    Consultant will use the Proprietary Information solely to perform
                    the
                    Services for the benefit of the Corporation. The Consultant shall
                    treat
                    all Proprietary Information with the same degree of care as the
                    Consultant
                    accords to his own confidential and/or proprietary information,
                    and the
                    Consultant represents that it shall exercise reasonable care
                    to protect
                    its own confidential and/or proprietary
                    information.

                

              

        
          
             

            	7.3  	
                    
                      Upon
                        termination of its engagement with the Corporation, the Consultant
                        will
                        promptly deliver to the Corporation all documents and materials
                        of any
                        nature pertaining to its work with the Corporation. The Consultant
                        shall
                        be entitled to maintain a copy of such documents and materials
                        for
                        archival purposes, other than copies of any such documents
                        or materials
                        containing any Proprietary
                        Information.

                    

                  

            
              
                 

                
                  
                    
                    

                  

                  
                    
                    

                    
                      

                    

                  

                  
                    
                    

                  

                

                 

                	7.4  	
                        
                          The
                            Consultant recognizes that the Corporation received and
                            will receive
                            confidential and/or proprietary information from third
                            parties subject to
                            a duty on the part of the Corporation to maintain the
                            confidentiality of
                            such information and to use it only for certain limited
                            purposes. The
                            exceptions set forth in Section 7.1 above shall apply
                            to such information,
                            mutatis mutandis. The Consultant undertakes to keep and
                            hold all such
                            information in strict confidence and trust, and it will
                            not use or
                            disclose any of such information without the prior written
                            consent of the
                            Corporation, except as may be necessary to perform its
                            duties hereunder.
                            Upon termination of its engagement with the Corporation,
                            the Consultant
                            shall act, with respect to such information, as set forth
                            in Section 7.3,
                            mutatis mutandis.

                        

                      

                
                   

                  	7.5  	
                          
                            The
                              Consultant’s undertakings under this Section 7 shall survive termination
                              of this Agreement or of any renewal
                              thereof.

                          

                        

                  
                     

                     

                  

                

              

            

          

        

      

    

    
      	8.  	
              INTELLECTUAL
                PROPERTY RIGHTS

            

    

    
       

      	8.1  	
              
                The
                  Consultant agrees that all Corporation Intellectual Property (as
                  defined
                  below) is work made for hire and will be the sole and exclusive
                  property
                  of the Corporation.

              

            

      
        
           

          	8.2  	
                  
                    The
                      Consultant shall disclose promptly to the Corporation or its
                      nominee, any
                      and all inventions, designs, original works of authorship,
                      formulas,
                      concepts, techniques, processes, formulas, trade secrets, discoveries
                      and
                      improvements conceived or made by the Consultant in the course
                      of
                      providing the Corporation with the Services and in connection
                      thereof
                      during the term of this Agreement (“Corporation
                      Intellectual Property”),
                      and hereby assigns and agrees to assign to the Corporation
                      or its nominee
                      all its interest, in any Corporation Intellectual Property.
                      The Consultant
                      agrees to assist the Corporation in every proper way to obtain
                      and enforce
                      patents, copyrights, mask work rights, and other legal protections
                      for the
                      Corporation Intellectual Property in any and all countries,
                      at the
                      Corporation's expense. Whenever requested to do so by the Corporation,
                      the
                      Consultant will execute any documents that the Corporation
                      may reasonably
                      request for use in obtaining or enforcing or extending or renewing
                      such
                      patents, copyrights, mask work rights, trade secrets and other
                      legal
                      protections. The obligations in this Section 8 shall be binding
                      upon
                      Consultant’s assigns, executors, administrators and other legal
                      representatives. 

                  

                

          
            
               

              	8.3  	
                      
                        Consultant’s
                          undertakings under this Section 8 shall remain in full
                          force and effect
                          after termination of this Agreement or any renewal thereof.
                          

                      

                    

              
                
                   

                   

                

              

            

          

        

      

    

    
      	9.  	
              ENTIRE
                AGREEMENT

            

    

     

    This
      Agreement contains the full understanding of the Parties with respect to the
      subject matter hereof and supersedes all existing agreements and all other
      oral,
      written or other communications between the Parties concerning the subject
      matter hereof. This Agreement shall not be amended, modified or supplemented
      in
      any way except in writing and signed by a duly authorized representative of
      the
      Corporation and the Consultant.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	10.  	
              GOVERNING
                LAW

            

    

     

    This
      Agreement and the performance hereof shall be governed, interpreted and
      construed in all respects by the internal laws of the State of New York. All
      disputes and claims arising under this Agreement or any Task Order shall be
      resolved exclusively in a court of applicable jurisdiction located in the State
      of New York, USA and each party consents to the venue of any such
      action.

     

    
      	11.  	
              NO
                WAIVER

            

    

     

    No
      waiver
      of any term, provision, or condition of this Agreement whether by conduct or
      otherwise in any one or more instances shall be deemed to be or construed as
      a
      further or continuing waiver of any such term, provisions, or conditions, or
      of
      any other term, provision, or condition of this Agreement.

     

     

    
      	12.  	
              INDEPENDENT
                CONTRACTOR

            

    

     

    In
      fulfilling its obligations pursuant to this Agreement, each Party shall be
      acting as an independent contractor. Neither Party is granted any right or
      authority to assume or to create any obligation or responsibility, expressed
      or
      implied, on behalf of or in the name of the other Party.

     

     

    
      	13.  	
              SEVERABILITY

            

    

     

    In
      the
      event any provision of this Agreement shall be determined to be void or
      unenforceable, the remaining provisions shall remain in full force and
      effect.

     

     

    
      	14.  	
              ASSIGNMENT

            

    

     

    
      	 	
              14.1

            	
              Except
                as set forth herein, neither Party shall assign this Agreement or
                any Task
                Order except with the express prior written consent of the other
                Party.

            

    

    

    
      	 	
              14.2

            	
              Notwithstanding
                anything contained herein: (i) the Corporation may assign this Agreement
                and/or any Task Order to any Affiliate, provided that the assigning
                Party
                remains fully liable for all liabilities and obligations under this
                Agreement and any such Task Order; (ii) the Corporation may assign
                this
                Agreement and/or any Task Order to a Successor; and (iii) the Consultant
                may engage one or more subcontractors to perform some or all of the
                Services to be rendered, provided such are approved in advance by
                the
                Corporation.

            

    

    

    
      	 	
              14.3

            	
              As
                used herein, “Affiliate” means in relation to a Party, any entity
                controlling such Party, controlled by such Party, or under common
                control
                with such Party; and “Successor” means any entity which acquires all or
                substantially all assets of a Party or any entity into which a Party
                is
                merged.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	15.  	
              CONFLICTS
                BETWEEN AGREEMENTS

            

    

     

    In
      the
      event that there is any conflict between the provisions of this Agreement and
      any duly executed Task Order, the duly executed Task Order (but not any
      attachment there to) shall control.

     

     

    
      	16.  	
              COMMUNICATIONS

            

    

     

    Each
      notice, demand, request, approval or communication ("Notice")
      which
      is or may be required to be given by any party to any other party in connection
      with this Agreement and the transactions contemplated hereby, shall be in
      writing, and given by personal delivery, certified mail, return receipt
      requested, prepaid, email or by overnight express mail delivery and properly
      addressed to the party to be served at such address as set forth hereunder.
      Notices shall be effective on the date delivered personally, the next day if
      delivered by overnight express mail or by email or three days after the date
      mailed by certified mail. 

    

    If
      to the
      Corporation:

    

    
      	
              Address:

              26
                East Hawthorne Avenue, Valley Stream, New York 11580 

            
	 
	
              Email:
                doronuziel@gmail.com

            
	 
	
              Attention:
                Doron Uziel 

            

    

    

     

    If
      to the
      Consultant:

    

    
      	
              Address

              Avenue
                Louise 109, Brussels 1050, Belgium

            
	 
	
              Email:
                Ela@eurospark.biz

            
	 
	
              Attention:
                Ela Kurkovsky

            

    

    

    

    Signatures
      follow in next page

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Parties have executed this Agreement as of the date first
      set forth above.

     

    

    
      	 	 
	
              By:
                Doron Uziel

              (Print
                Name)

            	
              By:
                

              (Print
                Name)

            
	 	 
	
              Title:
                CEO

            	
              Title:
                

            
	 	 
	
              Signature:
                _______________

            	
              Signature:
                _______________

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

    

    TASK
      ORDER

    

    Consultant
      Task Order Number:
      2

    

    Consultant
      Project Number:
      5

     

    This
      Task
      Order, dated 30th
      August
      2006, is between Energtek Inc (“Corporation”),
      and
      Eurospark S.A. (“Consultant”).

    

     

    WHEREAS,
      Consultant and Corporation have entered into that certain Consulting Agreement
      dated 30th
      August
      2006 (“Consulting
      Agreement”);
      and

     

    WHEREAS,
      pursuant
      to the Consulting Agreement, Consultant has agreed to perform certain Services
      in accordance with Task Orders from time to time entered into by the Parties
      and
      Corporation and Consultant now desire to enter into such a Task Order;
      and

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants contained herein, the Parties hereby
      agree
      as follows:

    

    
      	1.  	
              Scope
                of Work:
                Consultant shall perform the Services described in the Scope of Work,
                attached hereto as Appendix 1, in accordance with the Project Schedule,
                attached hereto as Appendix 2 and any other documents attached to
                and
                specifically referenced in this Task Order (“Services”)

            

    

    

    
      	2.  	
              Compensation:
                For performance of these Services, Corporation shall pay to Consultant
                an
                amount equal to the Project Budget set forth in Appendix 3, which
                amount
                shall be payable pursuant to the Payment Schedule set forth in Appendix
                4.
                

            

    

    

    
      	3.  	
              The
                provisions of the Consulting Agreement are hereby expressly incorporated
                by reference into and made a part of this Task
                Order.

            

    

    

     

    Signatures
      follow in next page

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF,
      the
      Parties have hereunto signed this Task Order effective as of the day and year
      first written above.

     

    

    
      	 	 
	
              By:
                Doron Uziel

              (Print
                Name)

            	
              By:
                _________________

              (Print
                Name)

            
	 	 
	
              Title:CEO

            	
              Title:

            
	 	 
	
              Signature:
                _______________

            	
              Signature:
                _______________

            

    

    

    List
      of Appendices:

    

    Appendix
      1: Scope of Work

    Appendix
      2: Project Schedule

    Appendix
      3: Project Budget

    Appendix
      4: Payment Schedule

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Appendix
      1: Scope of Work

    

    Review
      of
      proposal Hydrogen
      producing - storing unit for vehicle drive 

    

    

    Appendix
      2: Project Schedule

    

    Start
      of
      Project: August 30, 2006

    Report
      Delivery: September 15, 2006

    

    

    Appendix
      3: Project Budget

    

    Twelve
      thousand (12,000) US Dollars

    

    

    Appendix
      4: Payment Schedule

    

    Payment
      upon Delivery of Report.

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