Document:

QuantumFuelSystemsExecutiveCashBonusPlan

QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC.
EXECUTIVE CASH BONUS PLAN
	
		
	 
	 

1.Purpose of the Plan. The purpose of this Plan is to provide a link between compensation and performance, to motivate participants to achieve corporate performance objectives, and to attract, motivate and reward the individuals who are part of the senior executive staff of the Company. 
2.    Definitions.  As used herein, the following definitions shall apply:
(a)    “Administrator” means the Company’s Compensation Committee.
(b)    “Award” means the award of a cash bonus under the Plan.
(c)    “Award Limit” has the meaning given in Section 5 of the Plan.
(d)    “Board” means the Board of Directors of the Company.
(e)    “Bonus Rate” means a percentage of the Eligible Executive’s then current base salary, which Bonus Rate shall not exceed 100%, as determined by the Administrator. 
(f)    “Code” means the Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder.
(g)     “Company” means Quantum Fuel Systems Technologies Worldwide, Inc., a Delaware corporation.
(h)    “Eligible Executive” means the Company’s Chief Executive Officer, Chief Financial Officer, General Counsel and any other individuals who are part of the Company’s senior executive staff as designated from time to time by the Company’s Chief Executive Officer and whose participation in the Plan is approved by the Administrator.
(i)    “Performance Target” or “Performance Targets” has the meaning give in Section 3(a) of the Plan.
(j)    “Plan” means this Quantum Fuel Systems Technologies Worldwide, Inc. Executive Cash Bonus Plan.
3.    Awards.  
(a)    At the beginning of each fiscal year, the Administrator shall establish (i) the Bonus Rate for each Eligible Executive, (ii) the performance targets and objectives for the current fiscal year related to financial and operational metrics which may include, among other things, cash flow; revenue; earnings before interest, taxes, depreciation and amortization; net income (loss); operating income (loss); changes in the market price of the Company’s common stock; economic value-added acquisitions or strategic transactions and/or investments; stockholder returns; productivity; operating efficiency; implementation or completion of critical projects or programs (including cost saving initiatives),  employee safety, quality control, customer satisfaction; working capital; earnings (loss) per share; and new contracts or renewals (individually, a “Performance Target” and collectively, the “Performance Targets”), and (iii) the relative weight of each Performance Target.  The Performance Targets may differ among Eligible Executives.  The Administrator shall provide each Eligible Executive with written notice of his or her Bonus Rate for the current fiscal year and a description of the Performance Targets (including relative weights of each Performance Target) for the current fiscal year as soon as reasonably practicable after the end of the prior fiscal year.
(b)    The Administrator shall determine the Award amount for each Eligible Executive as soon as practicable following the end of the applicable fiscal year by measuring the Company’s achievement of the Performance Targets.  The Administrator shall provide each Eligible Executive with written notice setting forth the amount of his or her Award and how the Award amount was determined.
(c)    The Company shall pay the Award in cash, net of all applicable withholdings, as soon as practicable following the Administrator’s determination of the Award amount but in no event later than 60 days following the end of the applicable fiscal year.
(d)    The Board may in its discretion increase or decrease the Award amount by not more than 20% based on the Board’s qualitative assessment of the Company’s and/or the Eligible Executive’s performance; provided, however, the Award amount for an Eligible Executive cannot be increased above the Award Limit applicable to such Eligible Executive.  
4.    Administration of the Plan.  Subject to Applicable Laws and the provisions of the Plan (including any other powers given to the Administrator hereunder), and except as otherwise provided by the Board, the Administrator shall have the authority, in its discretion:
(i)    to construe and interpret the terms of the Plan, including without limitation, any notice of Award;
(ii)    to establish additional terms, conditions, rules or procedures for the Plan; and
(iii)    to take such other action, not inconsistent with the terms of the Plan, as the Administrator deems appropriate and consistent with the purpose and intent of the Plan.
The decision of the Administrator shall in every case be final and binding on all Eligible Executives except in the case of obvious math error.
5.    Individual Award Limit. The maximum Award amount that any Eligible Executive may receive under the Plan for any given fiscal year shall be limited to an amount equal to the product of (x) such Eligible Executive’s base salary in effect at the end of the applicable fiscal year multiplied by (y) such Eligible Executive’s Bonus Rate (the “Award Limit”).
6.    Termination of Employment.  Termination of employment with the Company prior to the end of the fiscal year for any reason (whether voluntary or involuntary) shall result in forfeiture of all opportunity to receive an Award under the Plan for that fiscal year, provided that the Administrator shall have discretion to provide for payment of a pro rata portion of any otherwise earned Award (based on the number of days employed during the fiscal year) in appropriate circumstances.
7.    Effective Date and Term of Plan.  The Plan shall become effective upon approval by the Board and shall continue in effect until terminated by the Board.  
8.    Amendment, Suspension or Termination of the Plan.  
(a)    The Board may at any time amend, suspend or terminate the Plan.  
(b)    No Award may be granted during any suspension of the Plan or after termination of the Plan.
(c)    Any amendment, suspension or termination of the Plan (including termination of the Plan under Section 5, above) shall not affect Awards earned for completed fiscal years, and such Awards shall remain in full force and effect as if the Plan had not been amended, suspended or terminated, unless mutually agreed otherwise between the Eligible Executive and the Company, which agreement must be in writing and signed by the Eligible Executive and the Company.
9.    No Right to Employment.  Nothing in the Plan shall interfere with or limit in any way the right of the Company to terminate an Eligible Executive’s employment with the Company at any time or for any reason not prohibited by law, nor shall the Plan itself confer upon any Eligible Executive any right to continue his or her employment or service for any specified period of time. Neither an Award hereunder nor any benefits arising under the Plan shall constitute an employment contract with the Company.  This Section 9 is not intended nor shall it be construed as overriding any term of employment contained in an employment agreement between the Company and an Eligible Executive.
10.    No Effect on Retirement and Other Benefit Plans.  Except as otherwise provided in a retirement or other benefit plan of the Company, Awards shall not be deemed compensation for purposes of computing benefits or contributions under any such retirement or other benefit plan of the Company, and shall not affect any benefits under any other benefit plan of any kind or any benefit plan subsequently instituted under which the availability or amount of benefits is related to level of compensation.  The Plan is not a “Retirement Plan” or “Welfare Plan” under the Employee Retirement Income Security Act of 1974, as amended.
11.    Compliance with Section 409A.  To the extent applicable, it is intended that the Plan and any Awards granted hereunder either be exempt from the requirements of, or else comply with the requirements of, Section 409A of the Code and any related regulations or other guidance promulgated with respect to such Section by the U.S. Department of the Treasury or the Internal Revenue Service. Any provision that would cause any Award granted hereunder to incur additional taxes under Section 409A of the Code shall have no force or effect until amended to comply with Section 409A of the Code, which amendment may be retroactive to the extent permitted by Section 409A of the Code.  
12.    Unfunded Plan.  The Plan is intended to be an unfunded plan. Eligible Executive’s are and shall at all times be general creditors of the Company with respect to their Awards, if any.  If the Administrator or Board chooses to set aside funds in a trust or otherwise for the payment of bonuses under the Plan, such funds shall at all times be subject to the claims of the creditors of the Company in the event of its bankruptcy or insolvency.New York
	
Chicago
	
San Diego
	
São Paulo
	
Beijing
	
Shanghai
	
Hong Kong
	
Taipei
	
Sydney

	
www.mzgroup.us

	
Investor Relations Consulting Agreement

	
THIS CONSULTING AGREEMENT ("Agreement") is made this 5th day of June 2013, by and between Rango Energy, Inc. (RAGO) (hereinafter referred to as the "Company" or "RAGO"), and MZHCI, LLC, a MZ Group Company (hereinafter referred collectively as the "Consultant" or "MZ-HCI").

EXPLANATORY STATEMENT      

The Consultant affirms that it has successfully demonstrated financial and public relations consulting expertise, and possesses valuable knowledge, and experience in the areas of business finance and corporate investor/public relations. The Company believes that the Consultant's knowledge, expertise and experience would benefit the Company, and the Company desires to retain the Consultant to perform consulting services for the Company under this Agreement.

NOW, THEREFORE, in consideration of their mutual agreements and covenants contained herein, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in further consideration of the affixation by the parties of their respective signatures below, the parties agree as follows:

Consulting Services

1.1       MZ-HCI agrees that for a period of twelve (12) months commencing June 5, 2013, the Consultant will reasonably be available during regular business hours to advise, counsel and inform designated officers and employees of the Company as it relates to financial markets and exchanges, competitors, business acquisitions and other aspects of or concerning the Company's business about which HCI has knowledge or expertise.

1.2       MZ-HCI shall render services to the Company as an independent contractor, and not as an employee.   All services rendered by MZ-HCI  on behalf of the Company shall be performed to the best of MZ-HCI's ability in concert with the overall business plan of the Company and the goals and objectives of the Company's management and Board of Directors, including articulating RAGO's investment story and highlights; building and maintaining relationships with supporters of the stock, including institutional investors and sell-side analysts; increasing the Company participation in investment conferences focused on mobile technology and small-cap companies; achieving a fair market value for the Company's  stock; and significantly increasing the Company' s exposure in the financial market.  

	 
	
Page 1 
	
MZ-HCI initials: ________
	
Company initials:________

	

	
I.          Scope of Services, Programs and Deliverables   

MZ-HCI will develop, implement, and maintain an ongoing stock market support system for RAGO with the general objective of expanding awareness in RAGO among stockbrokers, analysts, small-cap portfolio/fund managers, market makers, and the appropriate financial & trade publications. 

1.          SHAREHOLDER COMMUNICATIONS  

	 	
A.
	
Consultant will understand the financials and all operating metrics of RAGO in detail, facilitating interactions with new and current investors.

	 	
B.
	
Consultant will create a 2-page investment overview, review and revise the PPT, and assist on a complete website upgrade.

	 	
C.
	
Consultant will send welcome letter to initiate relationship with key shareholders + stakeholders.  

	 	
D.
	
Consultant will review all Press Releases for all material events: assist management in articulating all material operating and financial events. Disseminate news to investor + media database. 

	 	
E.
	
Consultant will provide a Senior Account Manager and single point of contact for all investors.  Streamlines all communication and IR functionality. 

	 	
F.
	
Consultant will conduct a perception study: contact shareholders/analysts and prospective investors on a quarterly basis to gather feedback on their views of how the business is evolving and management's execution relative to expectations. 

	 	
G.
	
Consultant will host all earnings conference calls. Logistics, script, and rehearsal sessions, including FAQs. Moderate call and manage the investor question queue. 

	
2.          INVESTMENT COMMUNITY OUTREACH     

	 	
MZ will implement an ongoing stock market support system for RAGO with the general objective of expanding awareness among stockbrokers, analysts, small-cap portfolio/fund managers, market makers, and the appropriate financial & trade publications.

	 	
A.
	
Consultant will provide roadshow coaching with objective analysis and recommendations to improve management's presentation delivery. 

	 	
B.
	
Consultant will make introductions to targeted investors worldwide utilizing a proprietary, robust database:

	 	
i.
	
Equity Brokers

	 	
ii.
	
Analysts (both generalists and industry specialists) 

	 	
iii.
	
Portfolio Managers/Institutions

	 	
iv.
	
High Net Worth Investors

	 	
v.
	
Market Makers

	 	
vi.
	
Financial Publications

	 	
C.
	
Consultant will organize at least six (6) roadshows throughout the next twelve months. MZ provides complete intelligence pre and post meeting and has a trained professional to accompany management.  This will include Australia and other countries if appropriate. 

	 	
D.
	
Consultant will organize "Virtual Roadshows" - Live investor presentations webcast from management's locale. This will be by invitation only and participants will be comprised of shareholders, institutional and retail investors, and buy/sell side analysts. 

	 	 	 
	
Page 2 of 9 
	
MZHCI initials: ________
	
Company initials:________

	

	 	
E.
	
Consultant will screen all North American investment firms for upcoming financial conferences and select those that would be appropriate for RAGO. Work to secure invitations. Consultant will endeavour to obtain at least two invitations.

	
3.          MEDIA RELATIONS    

	 	
Targeted media relations offer an important segment to the corporate story. MZ will target media opportunities that highlight RAGO's strategy, growth objectives, board of directors, developments and milestones related to its business. Services include:

	 	
A.
	
Targeted media programs 

	 	
B.
	
Strategic counsel 

	 	
C.
	
Release drafts and media targets 

	 	
D.
	
Q&A to support significant corporate developments  

	 	
E.
	
Feedback after interviews

	 	
Trade Magazines & Journals - Investors, business partners, customers, and business reporters utilize the industry press as a valued source of information. MZ will raise awareness for RAGO's business and technologies, and news events related to growth performance, partnership deals, and significant product advances in qualified trade magazines and journals.

Business & Financial Media - MZ will identify the optimal news, corporate, and industry trends that will provide angles in the business/financial media and then actively pursue those opportunities with the appropriate reporter(s). 

 

MZ Branded Distribution - Company will be featured in MZ Newsletter which is distributed eight times per year to over 25,000 investors worldwide.

	
4.          PUBLIC MARKET INSIGHT   

	 	
MZ-HCI will counsel and educate the Company's senior management on the life cycle of the financial markets and most importantly how the Company is impacted directly and indirectly by different variables. The Team at MZ-HCI leverages its collective expertise on all aspects of strategic financial, corporate and crisis communications gain through representing over 200 public companies. MZ-HCI will help the Company set and manage expectations while relaying valuation metrics, perceptions, and methodologies utilized by investment professionals. This consulting aspect of MZ-HCI's business is extremely valuable for management to optimize key opportunities and to avoid pitfalls. 

As part of its ongoing commitment and partnership with the Company, MZ-HCI will educate the Company's senior management on the importance of establishing conservative expectations and how various corporate actions may be perceived and impact the public market. MZ-HCI can also help access acquisition candidates plus discuss the financial impacts and longer term implications. 

	 	 	 
	
Page 3 of 9 
	
MZHCI initials: ________
	
Company initials:________

	

	
II.       AGENDA

Timeline

	
FIRST 30 DAYS 

	 	
A.
	
Spend adequate time with management to understand the business/growth plan, financial forecasts, capital expenditure and cash flow projections. 

	 	
B.
	
Create a two-page Corporate Profile, which clearly articulates RAGO's current business and financial position, as well as its strategy for future growth. This is an important marketing piece for investors to quickly learn about the company. 

	 	
C.
	
Review and update PowerPoint presentation. MZ-HCI will utilize proprietary research, feedback from conversations and meetings to incorporate and improve the Investor PowerPoint and message delivery. UPDATED AT LEAST ONE TIME PER QUARTER.

	 	
D.
	
Assist and provide input for all corporate press releases including both creation and ongoing revisions.  We will assist by providing additional fact finding and other market research which will help the context and delivery of the message. 

	 	
E.
	
Include RAGO in MZ Newsletter and on www.mzgroup.us website within two weeks. 

	 	
F.
	
Counsel senior management on all aspects of the capital markets and most importantly how RAGO is impacted directly and indirectly by different economic variables. MZ-HCI staff to conduct a proprietary training program "Success in the Capital Markets" for the RAGO team. The goal is to enable management to optimize key opportunities and to avoid pitfalls, both of which have long-term positive implications.

	 	
G.
	
Develop initial target list and begin making introductions to investment professionals and investors while seeding and confirming meetings for upcoming Road Shows.  Practice and refine presentation with management team.  

	 	
-
	
Road Show with 2-3 full days in Southern California  (12-15 meetings)

	 	
-
	
Target brokers, fund managers, Buy and Sell Side Analysts, and high net worth investors which follow companies with a similar profile to RAGO

	 	
H.
	
Provide a detailed description of each contact prior to each meeting. During the meetings and/or conference calls a member of MZ-HCI will be available to facilitate the correspondence and assist with due diligence. Management will be provided with a summary of feedback including MZ-HCI's suggestions for improvements on both the context and delivery of the Company's story.

	 	
I.
	
Assist in bell ringing ceremony when up-listing is complete. 

	
DAYS 30-60  

	 	
A.
	
Formalize a Press Release calendar (queue) for coming three months. Create and release accordingly to the market and simultaneously to current and prospective investors inboxes.

	 	
B.
	
Include RAGO where applicable in interviews with all financial online sites.  Review and create media target list. Being to make introductions and follow-up.

	 	
C.
	
Include RAGO in all presentations where MZ-HCI representatives will speak on RAGO's industry topics. 

	 
	
Page 4 of 9 
	
MZHCI initials: ________
	
Company initials:________

	

	 	
D.
	
Host Virtual Road Shows for management with goal of having at least 20-25 new investment professionals joining during each event. Alternate schedules between these events and traditional Road Shows to continue growing a pipeline of new and interested investors.  

	
DAYS 60-90 

	 	
A.
	
Target brokerage firms who hold conferences which would be applicable for RAGO. Establish a goal of having management present in at least 3 new conferences during the initial 1 year contract. These would be non-paid for and have high institutional attendance, in addition to high net worth investors. Additionally, MZ will seek opportunities to present to brokers directly at firms for both teach-ins and small events.  

	 	
B.
	
Formalize and continually update the database to ensure that all press releases are e-mailed to all interested professionals. 

	 	
C.
	
Target newsletter editors and publishers for a "Buy Recommendation."  Focus on Business Publications for appropriate stories on RAGO product roll-out, unique carrier centric model, and key competitive advantages to investors and industry players. Follow-up accordingly with all interested parties with a goal of receiving a new piece of media coverage at least 1x per quarter.  

	 	
D.
	
Schedule and book out East Coast Road Show (NYC Metro) covering at least 3 days and 15+ meetings. 

	 	
E.
	
Conduct and host quarterly and annual earnings call.   This will include full script creation, Q&A/FAQ compilation and practice.  Incorporate feedback and key concepts into prepared remarks.  Schedule the call, including webcast and generate a press release to notify shareholders of conference call (it should be released at least 7 days prior to call date). Call outs to maximize attendance and gather feedback to improve ongoing public correspondence.

	
ONGOING  - These services will be provided ongoing with a summary included in each quarterly update

	 	
A.
	
Respond to all investor requests and calls in a timely manner to facilitate the distribution of corporate information. Focus on educating shareholders, with the premise that an informed investor will become a longer term investor.

	 	
B.
	
Formalize and continually update the database to ensure that all press releases are e-mailed to all interested professionals. This includes the input of notes to keep track of all investor correspondence and reminder calls to all investor prior to earnings conference calls.

	 	
C.
	
Provide consulting services to RAGO management on the public markets

	 	
D.
	
Provide progress reports to senior management and evaluate achievements with a monthly summary of activities and a detailed report every quarter.

	 	
E.
	
RAGO management will review IR services and compensation at the 6 month anniversary, and RAGO will have no obligation to issue any additional warrants to MZ for services rendered (other than as set forth in Section IV)

	 	 	 
	
Page 5 of 9 
	
MZHCI initials: ________
	
Company initials:________

	

	
Many of the above items will occur simultaneously but certain items will have chronological priority over others. As RAGO grows, MZ-HCI will recommend changes to the Agenda that complement its growth.  As the Company continues to execute its strategic plan by winning new customers and expanding its base of business we will target an expanded universe of institutional investors. At each stage of growth, the appropriate approach to the market will be incorporated into the agenda for optimal results.  

Assuming that management's efforts are leading ultimately to success and greater profitability, the end results of this financial communication and awareness campaign should be:

	 	
A.
	
An increase in the number of financial professionals (including brokers, institutions and analysts) and individual investors well educated and knowledgeable about RAGO: including senior management, the company's products, and its current financial condition & growth opportunities.

	 	
B.
	
An increase in the number of articles printed in both trade and financial publications.

	 	
C.
	
An increase in the liquidity of the common stock.

	 	
D.
	
An increase in RAGO market capitalization coupled with a broader, more diverse shareholder base.

	 	
E.
	
Suitable and better access to the capital markets, which will facilitate future acquisitions and working capital needs. 

	
III.       Term    

This Agreement becomes effective upon execution, and shall remain effective for a period of twelve (12) months from that date. RAGO has the right to cancel the agreement six months from the initial start date with a written 30 day notice. 

IV.       Compensation   

	
Cash 

	
Monthly consulting and services fee of $2,000 per month which will accrue and be deferred until the Company is cash flow positive. Upon achieving positive cash flow, the full amount of deferred compensation will be due in full with payment due by then end of the triggering month; The Company will also increase its service fee to $7,000 per month for the remainder of the contract. 

	 
	
Equity
	
The Company will issue 375,000 shares worth of RAGO common stock within the first 10 days of the initial contract date and will issue an additional 375,000 shares at the 6 month contract anniversary date.  

 
	 
	
Expense Reimbursement 

	
Only expenses that would ordinarily be incurred by the Client will be billed back on a monthly basis.  Applicable reimbursements would include: creation, printing and postage for investor packages, fees for news wire services.  Any packages requiring additional photocopying/printing will be billed back to the Client at cost (with no mark-up).  Any extraordinary items, such as broker lunch presentations, air travel, hotel, ground transportation or media campaigns, etc. shall be paid by the Client, only with client authorization prior to incurring any expenses. 

	 
	 	 	 
	
Page 6 of 9 
	
MZHCI initials: ________
	
Company initials:________

	

	
V.       Prior Restriction    

MZ-HCI represents to the Company that it is not subject to, or bound by, any agreement which sets forth or contains any provision, the existence or enforcement of which would in any way restrict or hinder MZ-HCI from performing the services on behalf of the Company that MZ-HCI is herein agreeing to perform.

Neither MZ-HCI nor any consultant it utilizes in connection with the services hereunder shall provide any service to, or contract with any direct competitor of the Company during the Term of this Agreement (including any extensions thereof) or for a period of ninety (90) days thereafter.

VI.      Assignment     

This Agreement is personal to MZ-HCI and may not be assigned in any way by MZ-HCI without the prior written consent of the Company.  Subject to the foregoing, the rights and obligations under this Agreement shall inure to the benefit of, and shall be binding upon, the heirs, legatees, successors and permitted assigns of MZ-HCI and upon the successors and assigns of the Company. 

VII.     Confidentiality    

MZ-HCI acknowledges that it is party to that certain Confidentiality Agreement with the Company dated May 8, 2013, which shall remain in full force and effect and the terms of which shall apply to this Agreement. In the event of any conflict between the Confidentiality Agreement and this Agreement, the Confidentiality Agreement shall govern.

VIII.    Default   

	 	
1.
	
Except for a claim or controversy arising under Section VIII of this Agreement, any claim or controversy arising under any of the provisions of this Agreement shall, at the election of either party hereto, be determined by arbitration in California in accordance with the rules of the American Arbitration Association.  The decision of the Arbitrator shall be binding and conclusive upon the parties.  Each party shall pay its own costs and expenses in any such arbitration.  The prevailing party shall be entitled to reimbursement of all fees incurred, including attorney, filing, travel and anything associated with the arbitration. 

	 	
2.
	
In the event that MZ-HCI commits any material breach of any provision of this Agreement, as determined by the Company in good faith, the Company may, by injunctive action, compel MZ-HCI to comply with, or restrain MZ-HCI from violating, such provision, and, in addition, and not in the alternative, the Company shall be entitled to declare MZ-HCI in default hereunder and to terminate this Agreement and any further payments hereunder.

	 	
3.
	
Since MZ-HCI must at all times rely upon the accuracy and completeness of information supplied to it by the Company's officers, directors, agents, and employees, the Company agrees to indemnify, hold harmless, and defend MZ-HCI, its officers, agents, and employees at the Company's expense, against any proceeding or suit which may arise out of and/or be due to any material misrepresentation in such information supplied by the Company to MZ-HCI (or any material omission by the Company that caused such supplied information to be materially misleading). 

	 	 	 
	
Page 7 of 9 
	
MZHCI initials: ________
	
Company initials:________

	

	 	
4.
	
MZ-HCI agrees to indemnify, hold harmless and defend the Company, its officers, directors, employees and agents from and against any and all claims, actions, proceedings, losses, liabilities, costs and expenses (including without limitation reasonable attorney's fees) incurred by any of them in connection with, as a result of, and or due to any actions or inactions or misstatements by MZ-HCI, its officers, agents, or employees regarding or on behalf of the Company whether as a result of rendering services under this agreement or otherwise.

	
IX.       Severability and Reformation   

If any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and shall not be affected by the illegal, invalid, or unenforceable provision, or by its severance; but in any such event this Agreement shall be construed to give effect to the severed provision to the extent legally permissible.

X.         Notices    

Any notices required by this Agreement shall (i) be made in writing and delivered to the party to whom it is addressed by hand delivery, by certified mail, return receipt requested, with adequate postage prepaid, or by courier delivery service (including major overnight delivery companies such as Federal Express and Airborne), (ii) be deemed given when received, and (iii) in the case of the Company, be mailed to its principal office at 400 S. Zang Blvd., Suite 812, Dallas, Texas, 75208, and in the case of MZ-HCI, be mailed to MZHCI, LLC,  5055 Avenida  Encinas, Suite 130, Carlsbad, CA 92008.  

XI.       Miscellaneous    

	 	
1.
	
This Agreement may not be amended, except by a written instrument signed and delivered by each of the parties hereto.

	 	
2.
	
This Agreement constitutes the entire understanding between the parties hereto with respect to the subject matter hereof, and all other agreements relating to the subject matter hereof are hereby superseded.

	 	
3.
	
This Agreement shall be governed by, and construed in accordance with, the laws of the State of California.

	 	 	 
	
Page 8 of 9 
	
MZHCI initials: ________
	
Company initials:________

	

	 	 	 
	
In Witness Whereof, the parties have executed this Consulting Agreement as of the day and year first above written.

	
AGREED:

 

	
MZHCI, LLC

 
	
Rango Energy, Inc.

	
By:
	
/s/ Ted Haberfield                          

Ted Haberfield, President
	
By:
	
/s/ Herm Rai                                  

Herm Rai, CFO and a director

	 	 	 	 
	
Date: June 5, 2013                                      
	
Date: June 5, 2013                                    

	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	
Page 9 of 9 
	
MZHCI initials: ________
	
Company initials:________

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