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AGREEMENT FOR CONSULTING SERVICES <br /> This Agreement for Consulting Services ("Agreemen�') is entered into and dated <br /> October 18, 2017 by and between Hildi Inc. with offices located at 11800 Singletree <br /> Lane, Suite 305, Minneapolis, MN 55344 (hereinafter referred to as the "Consultant") <br /> and City of Pequot Lakes with offices located at 4638 County Road 11, Pequot Lakes <br /> MN 56472 (hereinafter referred to as the °Company"). Company and Consultant are <br /> jointly referred to as the "parties.n <br /> IN CONSIDERATION OF THE MUTUAL PROMISES CONTAINED HEREIN, <br /> AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, THE SUFFICIENCY <br /> OF WHICH IS HEREBY ACCEPTED, THE PARTIES MUTUALLY AGREE AS <br /> FOLLOWS: <br /> 1. Description of Services. Consultant will perform certain services for Company <br /> upon terms and conditions specified herein and as such services are more <br /> particularly described in Exhibit(s), which are attached hereto and incorporated <br /> by this reference. <br /> 2. Prices and Payment. Company agrees to pay Consultant the fees set forth in the <br /> applicable Exhibit(s). Consultant anticipates invoicing the Company monthly for <br /> services provided. Payment will be due in full within fifteen (15) days of receipt of <br /> Consultant's invoice. Company agrees to pay interest on all overdue amounts at <br /> a rate of twelve percent (12%) per annum or the rate allowed by law, which ever <br /> is less, plus costs of collection, court costs, and reasonable attorney fees on all <br /> such amounts. <br /> 3. Travel Expenses. Company agrees to reimburse Consultant for its reasonable <br /> and necessary out-of-pocket lodging, transportation, and food incurred at the <br /> Company's request. Consultant agrees to provide reasonable expense <br /> documentation. Whenever possible, Consultant agrees to take advantage of <br /> travel discounts. All air travel by Consultant shall be on major national or <br /> regional airlines, and Consultant and its representatives may keep their frequent <br /> flier miles eamed for their personal usage. <br /> 4. Ownership of Work Product. Ownership of, and all rights in, the work product <br /> which is the subject matter of this Agreement (the "Work"), including trademarks, <br /> patents and copyrights applicable to same, shall belong exclusively to Company. <br /> The parties expressly agree to consider as a "work made for hire" any Work <br /> ordered or commissioned by the Company which qualifies as such under the <br /> United States copyright laws. To the extent that the Work cannot be a "work <br /> made for hiren or where necessary for any other reason, Consultant will provide <br /> Company with all such assignments of rights, covenants and other assistance <br /> which may be required for Company, through trademark, patent or copyright <br /> applications or otherwise, to obtain the full benefit of the rights provided for <br /> herein. If the Work contains materials previously developed or copyrighted by <br /> Consultant or others, Consultant grants and agrees to grant to Company, or <br /> 1 <br />