Castle Royalties Corp. Consulting Agreement
Exhibit 10.2
CONSULTING AGREEMENT
THIS CONSULTING AGREEMENT (the “Agreement”) is made and entered this____ day of _________, 2021, by and between ________________________________ (the “Business”) and Castle Royalties Corp. (the “Consultant”), a New York Corporation and a wholly owned subsidiary of Castle Advisors Inc. (“CAI”).
WITNESSETH
WHEREAS, the Business is desirous of obtaining debt and/or equity financing for its business; and
WHEREAS, the Consultant is prepared for use its best efforts to introduce potential investors to the Business;
NOW, THEREFORE, in consideration the sufficiency of which is hereby acknowledged, it is agreed:
1. | The Business hereby engages the Consultant to act as its consultant to find potential investors to provide debt and/or equity financing to the Business on terms acceptable to the Business. | |
2. | The Consultant will use its best efforts to introduce investors to the Business who are willing to provide debt and/or equity financing to the Business or terms acceptable to the Business. | |
3. | The Business will pay the Consultant a retainer payment of $100 on or before ____________, 2021. | |
4. | In the event that the Business obtains financing as a result of a Consultant introduction, the Business will pay the Consultant at closing a fee equal to 5% of the financing obtained. | |
5. | Either party to this Agreement may terminate the Agreement by providing 30 days written notice to the other party. However, paragraph 4 as it relates to introductions made prior to the termination survives the termination. |
IN WITTNESS WHEREOF, the parties have executed this Agreement effective the day and year first above written.
(the Business) | ||
By: | ||
Name and title (print) | ||
Date |
Castle Royalties Corp. | |
Michael T. Studer, Treasurer |
Date |
CastleRoyalties-CAIAgreement | 1 |