Document:

Exhibit 10.2

 

DALTON W.
SPRINKLE, ESQ.

570 G
Avenue, Unit A

Coronado,
California 92118

(858)
229-3685

 

January 2,
2008

 

DALTON W.
SPRINKLE, ESQ. (“Attorney”) and OPEN ENERGY
CORPORATION (“Client”) hereby agree that Attorney will provide legal
services to Client on the terms set forth below.

 

1.             CONDITIONS.  This Agreement will not take effect, and
Attorney will have no obligation to provide legal services, until Client
returns a signed copy of this Agreement.

 

2.             SCOPE OF SERVICES.  Client hires Attorney to provide legal
services in the following matter: ongoing corporate, securities and general
business law advice as required by Client from time to time.  Attorney will provide those legal services
reasonably required to represent Client. 
Attorney will take reasonable steps to keep Client informed of progress
and to respond to Client’s inquiries. 
This Agreement does not cover litigation services of any kind, whether
in court, arbitration, administrative hearings, or government agency
hearings.  Separate arrangements must be
agreed to for those services.

 

3.             CLIENT’S DUTIES.  Client agrees to be truthful with Attorney,
to cooperate, to keep Attorney informed of any information or developments
which may come to Client’s attention, to abide by this Agreement, to pay
Attorney’s bills on time and to keep Attorney advised of Client’s address,
telephone number and whereabouts.  Client
will assist Attorney in providing information and documents necessary for the
representation in the described matter.

 

4.             FEES FOR PROFESSIONAL SERVICES.

 

Client agrees to
pay an hourly rate of $200 per hour for Attorney’s services under this
Agreement.  Time is charged in minimum
units of one-quarter (.25) of an hour.  Fees for special projects (including the
delivery of third party legal opinions) will be as agreed in writing by the
parties (including email correspondence confirmed by each party); provided,
however, that the provision of services in connection with any special project
shall otherwise be governed by the terms hereof.

 

5.             COSTS AND OTHER CHARGES.  In general, Attorney will not
incur costs, disbursements or expenses in performing legal services under this
Agreement.  

 

 

Phone charges and
travel within San Diego County will not be charged to Client.  Travel outside San Diego County will be
charged at actual out-of-pocket cost, including travel time at the hourly rate
set forth in Section 4.  However, in
the event that Attorney notifies Client that he will be required to incur costs
or expenses related to this engagement (other than phone charges or travel
within San Diego County), Client agrees to pay for all such costs,
disbursements and expenses.

 

6.             BILLING STATEMENTS.  Attorney will send Client
periodic statements for fees and costs incurred.  Statements will be payable in accordance with
Client’s normal payroll cycle for hours billed during such payroll cycle,
provided that Client receives such statement within a reasonable time prior to
the closing of the applicable payroll cycle. 
Statements that are not so received within a reasonable time prior to
the closing of the applicable payroll cycle will be payable in the next payroll
cycle.  The statements shall include the
amount, rate, basis of calculation or other method of determination of the fees
and costs, which costs will be clearly identified by item and amount.

 

7.             DISCHARGE AND WITHDRAWAL.  Client may discharge Attorney at any
time.  Attorney may withdraw with Client’s
consent or for good cause.  Good cause
includes Client’s breach of this Agreement, refusal to cooperate or to follow Attorney’s
advice on a material matter or any fact or circumstance that would render
Attorney’s continuing representation unlawful or unethical.  When Attorney’s services conclude, all unpaid
charges will immediately become due and payable.  After services conclude, Attorney will, upon
Client’s request, deliver Client’s file and property in Attorney’s possession,
whether or not Client has paid for all services.

 

8.             ARBITRATION AND MEDIATION.

 

(a)          Arbitration.

 

Any controversy
between the parties regarding the construction, application or performance of
any services under this Agreement, and any claim arising out of or relating to
this Agreement or its breach, shall be submitted to binding arbitration upon
the written request of one party after the service of that request on the other
party.  The parties shall submit to AAA
arbitration, and such arbitration shall be conducted pursuant to the AAA’s
rules.  If the parties cannot agree, then
the Superior Court of San Diego County shall choose an impartial arbitrator
whose decision shall be final and conclusive and binding on all parties.  Attorney and Client shall each have the right
of discovery in connection with any arbitration proceeding in accordance with
Code of Civil Procedure Section 1283.05. 
The cost of the arbitration, excluding legal fees and costs, shall be
borne by the losing party or in such proportion as the arbitrator shall
decide.  The parties shall bear their own
legal fees and costs for all claims, including contract and tort claims.  The sole and exclusive venue for the
arbitration and or any legal dispute, shall be San Diego County, California.

 

 

(b)           State Bar Fee Arbitration

 

Notwithstanding
subparagraph (a) above, in any dispute subject to the jurisdiction of the
State of California over attorney’s fees, charges, costs or expenses, Client
has the right to elect arbitration pursuant to the fee arbitration procedures
of the State Bar of California, as set forth in California Business and
Professions Code Section 6200, et seq. Those
procedures permit a trial after arbitration, unless the parties agree in
writing, after the dispute has arisen, to be bound by the arbitration
award.  If, after receiving a notice of
client’s right to arbitrate, Client does not elect to proceed under the State
Bar fee arbitration procedures, and file a request for fee arbitration within
30 days, any dispute over fees, charges, costs or expenses, will be resolved by
binding arbitration as provided in the previous subparagraph (a).

 

Because each party
is giving up a right, Client is encouraged to have an independent lawyer of
Client’s choice review these arbitration provisions before agreeing to them.

 

By initialing
below, Client and Attorney confirm that they have read and understand  subparagraphs (a) and (b) above,
and voluntarily agree to binding arbitration. 
In doing so, Client and Attorney voluntarily give up important
constitutional rights to trial by judge or jury, as well as rights to appeal.  Client is advised that Client has the right
to have an independent lawyer of Client’s choice review these arbitration
provisions, and this entire agreement, prior to initialing this provision or
signing this Agreement.

 

	
   

  	
   

  	
   

  	
  (Client Initial Here)

  	
   

  	
   

  	
  (Attorney Initial Here)

  

 

(c)           Mediation

 

If a dispute arises
out of or relating to any aspect of this Agreement between Client and Attorney,
or the breach thereof, and if the dispute cannot be settled through
negotiation, Attorney and Client agree to discuss in good faith the use of
mediation before resorting to arbitration, litigation, or any other dispute
resolution procedure.

 

9.             INTEREST CHARGES.   If a billing statement is not paid on or
prior to the second payroll date immediately following receive of a billing
statement, interest will be charged on the principal balance (fees, costs, and
disbursements) shown on the statement. 
Interest will be calculated by multiplying the unpaid balance by the
periodic rate of .833% per month (TEN PERCENT 10% ANNUAL PERCENTAGE RATE).  The unpaid balance will bear interest until
paid.

 

10.          DISCLAIMER OF GUARANTEE AND ESTIMATES.  Nothing in this Agreement and nothing in
Attorney’s statements to Client will be construed as a promise or guarantee
about the outcome of the matter. 
Attorney makes no such promises or guarantees. Attorney’s comments about
the outcome of the matter are expressions of 

 

 

opinion only.  Any estimate of fees given by Attorney shall
not be a guarantee.  Actual fees may vary
from estimates given.

 

11.          NO ERRORS AND OMMISSIONS INSURANCE.   Client is hereby advised that Attorney does
not currently carry errors and omission or “malpractice” insurance, and no
representation or warranty is made regarding whether such insurance may be
carried in the future.

 

12.          ENTIRE AGREEMENT.  This Agreement contains the entire agreement
of the parties.  No other agreement,
statement, or promise made on or before the effective date of this Agreement
will be binding on the parties.

 

13.          SEVERABILITY IN EVENT OF PARTIAL
INVALIDITY.  If any
provision of this Agreement is held in whole or in part to be unenforceable for
any reason, the remainder of that provision and of the entire Agreement will be
severable and remain in effect.

 

14.          MODIFICATION BY SUBSEQUENT AGREEMENT.  This Agreement may be modified by subsequent
agreement of the parties only by an instrument in writing signed by both of
them or an oral agreement only to the extent that the parties carry it out.

 

15.          EFFECTIVE DATE.  This Agreement will govern all legal services
performed by Attorney on behalf of Client commencing with the date Attorney
first performed services.  The date at
the beginning of this Agreement is for reference only. Even if this Agreement
does not take effect, Client will be obligated to pay Attorney the reasonable
value of any services Attorney may have performed for Client.

 

THE PARTIES HAVE
READ AND UNDERSTOOD THE FOREGOING TERMS AND AGREE TO THEM AS OF THE DATE
ATTORNEY FIRST PROVIDED SERVICES.  IF
MORE THAN ONE CLIENT SIGNS BELOW, EACH AGREES TO BE LIABLE, JOINTLY AND
SEVERALLY, FOR ALL OBLIGATIONS UNDER THIS AGREEMENT.  THE CLIENT SHALL RECEIVE A FULLY EXECUTED
DUPLICATE OF THIS AGREEMENT.

 

[Signature page follows]

 

 

	
  AGREED AND ACCEPTED:

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  DALTON W. SPRINKLE, ESQ

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Dated: 

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  OPEN ENERGY CORPORATION

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Dated:EXHIBIT 10.3

 

SURRENDER
AGREEMENT

 

THIS AGREEMENT made
as of the 21st day of February, 2008 (the “Execution Date”).

 

B E T W E
E N:

 

HAMIL INC.

 

(the “Landlord”)

 

- and
-

 

OPEN ENERGY CORPORATION

 

(the “Tenant”)

 

WHEREAS:

 

A.                                   By a lease made as
of November 30, 2006 (the “Lease”) made
between Acton Management Co. Limited (“Acton”) and the
Tenant, Acton leased to the Tenant certain premises (the “Premises”)
in the building municipally known as 250 Industrial Parkway North, Aurora,
Ontario, as more particularly described in the Lease, subject to the Tenant
observing and performing all of the terms, covenants, conditions and provisions
in the Lease on the part of the Tenant to be observed and performed (the “Covenants”);

 

B.                                   Acton has informed
Tenant that it has amalgamated with Hamil Inc. effective December 15, 2006
as Hamil Inc.; and

 

C.                                   Subject to the
provisions of this Agreement, the parties have agreed that the Tenant will
surrender the Lease and the Premises to the Landlord in order that the estate,
term and interest of the Tenant therein may merge and be extinguished upon the
terms contained in this Agreement.

 

NOW THEREFORE THIS AGREEMENT WITNESSES
that in consideration of the covenants and agreements contained in this
Agreement and other good and valuable consideration (the receipt and
sufficiency of which is hereby acknowledged by each of the parties), the
parties covenant and agree as follows:

 

1.                                       Surrender

 

From and after the date of this Agreement,
the term of the Lease is hereby terminated and shall be of no further force and
effect, subject only the requirements set forth in this Agreement.

 

2.                                       Surrender
Fee

 

Tenant agrees to pay to Landlord a surrender fee
(the “Surrender Fee”), in the aggregate
amount of One Hundred and Nine Thousand, Seven Hundred and Seventy-Two and 46/100
($109,772.46) Dollars (Cdn.), payable in certified funds or wire transfer on
the following dates:

 

 

	
  Payment Date

  	
   

  	
  Amount

  	
   

  	
  GST

  	
   

  	
  Total

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  March 1, 2008

  	
   

  	
  $

  	
  20,909.04

  	
   

  	
  $

  	
  1,045.45

  	
   

  	
  $

  	
  21,954.49

  	
   

  
	
  April 1, 2008

  	
   

  	
  $

  	
  20,909.04

  	
   

  	
  $

  	
  1,045.45

  	
   

  	
  $

  	
  21,954.49

  	
   

  
	
  May 1, 2008

  	
   

  	
  $

  	
  20,909.04

  	
   

  	
  $

  	
  1,045.45

  	
   

  	
  $

  	
  21,954.49

  	
   

  
	
  June 1, 2008

  	
   

  	
  $

  	
  20,909.04

  	
   

  	
  $

  	
  1,045.45

  	
   

  	
  $

  	
  21,954.49

  	
   

  
	
  July 1, 2008

  	
   

  	
  $

  	
  20,909.04

  	
   

  	
  $

  	
  1,045.45

  	
   

  	
  $

  	
  21,954.49

  	
   

  
	
  TOTAL SURRENDER FEE:

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  109,772.46

  	
   

  

 

	
  3.

  	
  Payment of Utilities

  
	
   

  	
   

  
	
   

  	
  Notwithstanding any other provision hereof to the contrary, the
  Tenant hereby acknowledges and agrees to pay all of the 

  
	
  utilities (the “Utility Costs”)
  relating to the Premises from the Execution Date to and including the earlier
  to occur of (i) March 31, 2008, or (ii) the date on which a
  new tenant occupies the Premises, in either case within ten (10) days of
  receipt of an invoice for same from the Landlord.

  

 

	
  4.

  	
  Discharge of Registrations

  
	
   

  	
   

  
	
   

  	
  If the Tenant has registered a notice or other document evidencing
  the existence of the Lease on title to the Premises (the 

  
	
  “Notice”), then the Tenant shall
  discharge same prior to or within 15 days following the Effective Date.  If the Tenant fails to discharge any such
  Notice within the time period set out above, the Landlord (or its lawyers)
  may do so and the
  Tenant hereby:

  

 

	
   

  	
  (a)

  	
  consents to the Landlord and
  the Landlord’s lawyers signing such documentation as may be required to
  discharge the Notice (and, in the case of the Landlord’s lawyers, making all
  legal statements which are required to be made in order to obtain such
  discharge);

  
	
   

  	
   

  	
   

  
	
   

  	
  (b)

  	
  releases all claims which it
  may have against the Landlord and the Landlord’s lawyers for discharging the
  Notice in accordance with the provisions of this section; and

  
	
   

  	
   

  	
   

  
	
   

  	
  (c)

  	
  agrees to reimburse the
  Landlord for all costs incurred by the Landlord in discharging the Notice,
  same to be paid by the Tenant to the Landlord within 30 days following the
  Tenant’s receipt of an invoice from the Landlord.

  

 

	
  5.

  	
  Release

  
	
   

  	
   

  
	
  (a)

  	
  Subject to the provisions set out below, as of the Effective Date the
  parties hereby:

  

 

	
   

  	
  (i)

  	
  release, remise and forever discharge the other from the Lease and
  from the observance and performance of the Covenants in respect of the period
  from and after the Effective Date; and

  
	
   

  	
   

  	
   

  
	
   

  	
  (ii)

  	
  acknowledge and agree that as of and from the Effective Date, the
  Lease shall be of no further force or effect and that no party to the Lease
  shall have any liability of any kind to any other party in respect of the
  Lease or the terms and conditions thereof.

  
	
   

  	
   

  	
   

  
	
  (b)

  	
  Despite section 6(a), the Tenant shall not be released from the
  observance and performance of the 
  agreements set forth 

  
	
  herein, including, without limitation the payment of the Surrender
  Fee in accordance with Sections 2 hereof and the payment of the Utility Costs
  in accordance with Section 3 hereof.

  
	
   

  	
   

  
	
  6.

  	
  Vacant Possession

  
	
   

  	
   

  
	
   

  	
  Upon the Execution Date, the Tenant has vacated the Premises and
  delivered vacant possession thereof to the Landlord in a 

  
	
  clean and tidy condition, together with all keys for the Premises,
  and Landlord hereby acknowledges the foregoing by execution of this
  Agreement.

  

 

2

 

7.                                       Execution
of New Lease

 

The Tenant hereby acknowledges and agrees
that the Landlord may execute a new lease of the Premises with the New Tenant
at any time following the Effective Date.

 

8.                                       Representations
and Warranties

 

(a)                                  The
Tenant represents and warrants to the Landlord that:

 

(i)                                     it has the right, full power and
authority to surrender the Lease and the Premises in the manner set out in this
Agreement and to enter into and carry out its respective obligations under this
Agreement;

 

(ii)                                  there are no subleases or
licenses of the Premises (or any part of it) in existence.

 

(b)                                 The
Landlord represents and warrants to the Tenant that it has the right, full
power and authority to accept the surrender of the Lease and the Premises in
the manner set out in this Agreement and to enter into and carry out its
obligations under this Agreement.

 

9.                                       General
Contract Provisions

 

(a)                                  Recitals

 

Each of the parties represents and warrants to each of the others that
the recitals set out above are true and correct in substance and fact, as each
such recital relates to each party, and are incorporated as an integral part of
this Agreement.

 

(b)                                 Entire
Agreement

 

This Agreement constitutes the entire
agreement between the parties pertaining to the subject matter of this
Agreement and supersedes all prior agreements, understandings, negotiations and
discussions, whether oral or written, of the parties.  There are no representations, warranties or
other agreements, whether oral or written, between the parties in connection
with the subject matter of this Agreement except as specifically set out in
this Agreement.  No amendment,
supplement, modification, waiver or termination of this Agreement shall be
binding on the parties unless same is in writing and signed by all of the
parties.

 

(c)                                  Applicable
Law

 

This Agreement shall be construed in
accordance with the laws of the Province of Ontario and the laws of Canada
applicable in the Province of Ontario and shall be treated
in all respects as an Ontario contract. 
Each of the parties irrevocably attorns to the jurisdiction of the
courts of the Province of Ontario.

 

(d)                                 Invalidity

 

If any provision of this Agreement or any
part of any provision of this Agreement is held to be invalid, illegal or
unenforceable by a court of competent jurisdiction, such provision or part
shall not affect the validity, legality or enforceability of any other
provision of this Agreement or the balance of any provision of this Agreement
absent such part and such invalid, illegal or unenforceable provision or part
shall be deemed to be severed from this Agreement and this Agreement shall be
construed and enforced as if such invalid, illegal or unenforceable provision
or part had never been inserted in this Agreement.

 

(e)                                  Further
Assurances

 

The parties shall with reasonable diligence
do all such things and provide all such reasonable assurances as may be
required for the further assuring of the Lease and the Premises unto the
Landlord and/or the surrender of the Lease and the Premises by the Tenant, as
the case may be.

 

3

 

(f)                                    Counterparts
and Execution by Fax

 

This Agreement may be executed by the parties
in separate counterparts each of which when so executed and delivered to all of
the parties shall be deemed to be and shall be read as a single agreement among
the parties.  In addition, execution of
this Agreement by any of the parties may be evidenced by way of a faxed
transmission of such party’s signature (which signature may be by separate
counterpart), or a photocopy of such faxed transmission, and such faxed
signature, or photocopy of such faxed signature, shall be deemed to constitute
the original signature of such party to this Agreement.

 

(g)                                 Binding
Effect

 

This Agreement shall enure to the benefit of
and shall be binding upon the parties and their respective successors and
permitted assigns.

 

THIS AGREEMENT has
been executed by the parties hereto as of the date first above written.

 

 

	
  HAMIL INC.

  	
   

  	
  OPEN ENERGY CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Per:

  	
   

  	
   

  	
  Per:

  	
   

  
	
  Name:

  	
  Michael Langer

  	
   

  	
  Name:

  	
  Dalton W. Sprinkle

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  General Counsel

  
	
   

  	
   

  	
   

  	
   

  
	
  I have authority to bind the Corporation

  	
   

  	
  I have authority to bind the Corporation

  
							

 

4

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