QUEST PATENT RESEARCH CORP - FORM 10-K - EX-10.10 - CONSULTING AGREEMENT - December 15, 2014

Attached files

file filename
10-K - ANNUAL REPORT - QUEST PATENT RESEARCH CORPf10k2012_questpatent.htm
EX-10.1 - EMPLOYMENT AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10i_quest.htm
EX-3.1 - CERTIFICATION OF INCORPORATION - QUEST PATENT RESEARCH CORPf10k2012ex3i_questpatent.htm
EXCEL - IDEA: XBRL DOCUMENT - QUEST PATENT RESEARCH CORPFinancial_Report.xls
EX-10.17 - FORM OF INDEMNIFICATION AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10xvii_quest.htm
EX-10.7 - LICENSE AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10vii_quest.htm
EX-10.4 - SEPARATION AGREEMENT AND MUTUAL GENERAL RELEASE - QUEST PATENT RESEARCH CORPf10k2012ex10iv_quest.htm
EX-10.12 - AGREEMENT BETWEEN QUEST LICENSING INC., - QUEST PATENT RESEARCH CORPf10k2012ex10xii_quest.htm
EX-10.9 - PATENT PURCHASE AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10ix_quest.htm
EX-10.14 - AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10xiv_quest.htm
EX-32.1 - CERTIFICATION - QUEST PATENT RESEARCH CORPf10k2012ex32i_questpatent.htm
EX-10.5 - RESTATED EMPLOYMENT AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10v_quest.htm
EX-10.3 - EMPLOYMENT AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10iii_quest.htm
EX-31.1 - CERTIFICATION - QUEST PATENT RESEARCH CORPf10k2012ex31i_questpatent.htm
EX-10.6 - RESTRICTED STOCK GRANT - QUEST PATENT RESEARCH CORPf10k2012ex10vi_quest.htm
EX-10.16 - FORM OF WARRANT - QUEST PATENT RESEARCH CORPf10k2012ex10xvi_quest.htm
EX-10.15 - FORM OF WARRANT - QUEST PATENT RESEARCH CORPf10k2012ex10xv_quest.htm
EX-10.2 - SEPARATION AGREEMENT AND MUTUAL GENERAL RELEASE - QUEST PATENT RESEARCH CORPf10k2012ex10ii_quest.htm
EX-10.8 - LICENSING SERVICES AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10viii_quest.htm
EX-10.13 - FUNDING AGREEMENT - QUEST PATENT RESEARCH CORPf10k2012ex10xiii_questpatent.htm
EX-10.11 - AGREEMENT BETWEEN THE COMPANY AND SOL LI - QUEST PATENT RESEARCH CORPf10k2012ex10xi_quest.htm
EX-3.2 - AMENDED AND RESTATED BYLAWS - QUEST PATENT RESEARCH CORPf10k2012ex3ii_questpatent.htm

Exhibit 10.10

 

Quest Patent Research Corporation
19 Fortune Lane
Jericho, New York 11753
516-364-3500

 

August 11, 2010

 

Mr. Alex W. "Pete" Hart

P. O. Box 3398

Rancho Santa Fe, CA 92067

 

Dear Pete:

 

This letter sets forth the conditions of your Consulting Agreement with Quest Patent Research Corporation, which will be formalized in an Agreement dated August 10, 2010.

 

Your duties will be to use your best efforts to locate and approach appropriate organizations to participate in Quest's Q Card project. This will include introducing Quest and assisting in completing agreements with all such institutions.

 

You will receive options to purchase, at a price of $.001 per share, 5 million shares of Quest stock which can be exercised at any time during the five-year Agreement either on a cash or cashless basis.

 

The Consulting Agreement will be in effort until December 31, 2015,

 

The Consulting Agreement can be terminated by either party with 30 days notice. However, if Quest terminates the agreement, you will have two years from the date of such termination to exercise your options.

 

Expenses incurred in performance of your duties will be mutually agreed upon and reimbursed when Quest is financially able to do so.

 

In addition, compensation will be mutually agreed upon if any efforts on your part result in Quest securing financing for any patents in its portfolio.

 

Your signature below will acknowledge acceptance of these conditions.

 

We are pleased to have you on board again and look forward to working with you. Sincerely,

 

Herbert M. Reichlin Chief Executive Officer

 

 

Sincerely,   Accepted:
     
/s/ Herbert M. Reichlin   /s/ Alex W. “Pete” Hart
Herbert M. Reichlin   Alex W. “Pete” Hart
Chief Executive Officer    
     

QUEST PATENT RESEARCH CORP Reports