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