Consulting Services Agreement Description between Nathan J. Mazurek and Pioneer Transformers Ltd.

Summary

Nathan J. Mazurek provided executive consulting services to Pioneer Transformers Ltd. in 2008 and 2009, acting as its chief executive officer, president, and vice president of sales and marketing. For these services, Pioneer Transformers paid a total of $150,000 in 2008 and $250,000 in 2009 to Provident Management, Inc. and Provident Canada Corp., both controlled by Mr. Mazurek. The agreement outlines Mr. Mazurek's executive roles and the compensation paid for his services during this period.

EX-10.36 9 s1a10310ex10xxxvi_pioneer.htm DESCRIPTION OF CONSULTING SERVICES PROVIDED BY NATHAN J. MAZUREK TO PIONEER TRANSFORMERS LTD. s1a10310ex10xxxvi_pioneer.htm
Exhibit 10.36
 
Description of Agreement for Services

In 2008 and 2009, Nathan J. Mazurek provided Pioneer Transformers Ltd. (“Pioneer Transformers”) with executive services and served as its chief executive officer, president and vice president, sales and marketing.  Mr. Mazurek had all of the duties, authorities, powers and responsibilities commensurate with all of the duties, authorities, powers and responsibilities of a chief executive officer, a president and a vice president, sales and marketing.  Pioneer Transformers  paid an aggregate of $150,000 and $250,000 in 2008 and 2009, respectively, to Provident Management, Inc. and Provident Canada Corp., each of which is controlled by Mr. Mazurek, as consideration for Mr. Mazurek’s services.