Addendum to Consulting Contract Between HPEV, Inc. and Summit Management Consulting, Inc.

Summary

This addendum updates the consulting agreement between HPEV, Inc. and Summit Management Consulting, Inc. Effective January 1, 2012, the monthly consulting fee for Quentin Ponder is increased from $5,000 to $7,500. The increase reflects Mr. Ponder's current role as interim President & CEO of Z3 Enterprises. The new fee may be requested at any time during the month.

EX-10.14 4 exh10_14.htm EXHIBIT 10.14 Unassociated Document
 


Exhibit 10.14


Z3 Enterprises/HPEV, Inc.



ADDENDUM TO CONSULTING CONTRACT WITH INDEPENDENT CONTRACTOR DATED APRIL 1, 2011 BETEEEN HPEV,INC., AND SUMMIT MANAGEMENT CONSULTING, INC.

To: Summit Management Consulting, Inc., Contractor

Effective January 1, 2012 the  consulting fee for the services of Quentin Ponder will be increased from $5,000 per month to $7,500 per month which may be requested any time during the month.

This increase is the result of his currently serving as an interim President & CEO of Z3 Enterprises.

/S/ Quentin Ponder
Quentin Ponder
President & CEO
Dated January 2, 2012