Addendum to Consulting Contract Between HPEV, Inc. and Timothy Hassett (January 2012)
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Summary
This addendum updates the consulting agreement between HPEV, Inc. and Timothy Hassett. Effective January 1, 2012, Hassett's monthly consulting fee increases from $5,000 to $10,000, reflecting his transition from part-time to full-time service. The increased fee may be requested at any time during the month. The addendum is signed by Quentin Ponder, President & CEO of HPEV, Inc.
EX-10.15 5 exh10_15.htm EXHIBIT 10.15 Unassociated Document
Exhibit 10.15
Z3 Enterprises/HPEV, Inc.
ADDENDUM TO CONSULTING CONTRACT WITH INDEPENDENT CONTRACTOR DATED APRIL 1, 2011 BETEEEN TIMOTHY HASSETT AND HPEV, INC.
To: Timothy Hassett, Consulting Contractor
Effective January 1, 2012 your consulting fee will be increased from $5,000 per month to $10,000 per month which may be requested any time during the month.
This increase is the result of your full time service to HPEV, Inc. when previously your payment was for part time consulting service.
/S/ Quentin Ponder
Quentin Ponder
President & CEO
Dated January 2, 2012
