David  J.  Paster  

     

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David  J.  Paster,  Principal  Yarborough  Planning,  LLC  

4599  North  Washington  Street  Suite  20D  

Stillwater,  OK  74075-­‐1299  United  States  of  America  david.paster@hotmail.com  

 (702)  813-­‐5062  LinkedIn  ™  David  Paster;  

http://www.linkedin.com/pub/david-­‐paster/48/234/190   In exchange for consultative / professional expertise services rendered, the undersigned agrees and understands that Yarborough Planning, LLC’s remuneration structure is as follows for the established duration of the viable working agreement. All payments are to be made solely via negotiable United States of America currency (i.e., U.S. dollars). Unless alternative arrangements are mutually agreed upon and documented, all amounts for consultative / professional services fees and / or reimbursement amounts due shall be paid in full within thirty days of submission of an invoice by means of money order, cashier’s check, or corporate check drawn from a United States commercial bank payable to Yarborough Planning, LLC may be sent to the above listed business address or wired to the Yarborough Planning, LLC Commerce Bank Private Banking Division corporate account maintained with: Commerce Bank – Private Banking Division Utica Square Shopping Center, 2054 Utica Square, Tulsa, OK 74114, United States of America (918) 742-7561 Routing #: 101000019; Account #: 124577395 Terms:

- The base rate for office located consultative services (e.g., research, analysis, report production, directed third party correspondence, promotional composition, industry representative interaction through in person, telephonic or electronic communication, et cetera) is two hundred dollars ($200) per billable hour.

 

 

 David  J.  Paster  

     

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- An “office”-consulting day (time billable during a calendar day) is capped at eight (8) hours; thus, the maximum daily charge is one thousand, six hundred dollars ($1,600). The minimum billable time unit and respective amount per services engaged calendar day is two (2) hours (i.e., $400).

- The base rate for “on site / non-office location” services (e.g., in-person meetings,

negotiation, due diligence, objectivity provision, site inspection, field research, “shelf campaign” development etc.) is two hundred fifty dollars ($250) per billable hour.

- An “on site / non-office location” consulting day (time billable during a calendar day) is

capped at eight (8) hours; thus, the maximum daily charge is two thousand dollars ($2,000). The minimum billable time unit and respective amount per service engaged “on site / non-office location” consulting day (time billable during a calendar day) is four (4) hours (i.e., $1000).

- For domestic travel necessary endeavors, “active travel time” is billed at twenty-five dollars ($25) per hour with a cap of eight (8) hours; thus, the maximum daily charge for “active travel time” is two hundred dollars ($200).

- For international travel necessary endeavors, “active travel time” is billed at forty dollars

($40) per hour with a cap of twelve (12) hours; thus, the maximum daily charge for international “active travel time” is four hundred eighty dollars ($480).

Material production, research facilitation, and travel-associated expenses are billed and / or are reimbursable “at cost” and include but are not exclusive to:

• Internet / fax / phone or other means of communication / third party computer rental, printer usage, binding / specialized equipment rental or contracted services (e.g., translation, media transcription, legal matters verification, Internet research site usage / membership fees, other informational maintenance, etc.)

• Specific to client research endeavor data sets / reports obtainment (e.g. IBISWorld’s Industry Research Report(s)™, Nielsen Insights™, Catalina Market Analysis™, Smith Travel Research Profiles (STR)™, Market Data Enterprises™, varying equity houses’ collateral, etc.)

! Air travel carriage (via legacy or reasonable industry standard branded airline), and, if charged by the airline, luggage check expense and / or other miscellaneous expenses (e.g., international travel visas)

! Rental car usage (industry standard of airport “on-location”, standard branded provider; e.g., Hertz™, Avis™, National™, etc.) or sanctioned taxi utilization

 

 

 David  J.  Paster  

     

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! Reasonable (i.e., industry standard of a minimum of AAA™ three (3) diamond or equivalent) and reasonably conveniently located hotel lodging), and, if charged by the hotel other miscellaneous expenses (e.g., parking, “resort fees”, business center usage, Internet rental)

! Personal vehicle usage is assessed at the 2016 United States Internal Revenue Service (IRS) rate, which is currently at fifty-four cents ($0.54) per mile traveled for business purposes.  (Source:  https://www.irs.gov/uac/newsroom/2016-standard-mileage-rates-for-business-medical-and-moving-announced)

! Airport and on-site location parking fees inclusive of valet if self-parking is not available and / or reasonably practical

! A location specific based “per diem” maximum will be provided as a minimum aggregation as determined for United States domestic locations at the start date of travel via the U.S. General Services Administration (http://www.gsa.gov/portal/content/104877) or for international travel via U.S. Department of State (https://aoprals.state.gov/web920/per_diem.asp) contemporary appropriations.

• Reasonable (industry standard) reimbursable miscellaneous expenses such as legitimate business related guest entertainment, accountable site research expenses, professional appearance preservation, and dissemination of moderate gratuities, et cetera.

All consultative / professional services will be principally led by Yarborough Planning, LLC (Principal, David J. Paster, serving as a consultant) for the benefit of the independent contracting party. The above terms are agreed upon by the undersigned parties as of the specified dates, The above compensatory terms for the provision of competent consultative / professional expertise services principal led by David J. Paster (for and on behalf of Yarborough Planning, LLC) and the independent contracting party are rendered enforceable as per the signatory recognition by authorized / responsible representatives of both parties. Upon requisite signatures, the consultative / professional services scheduled rates shall remain valid throughout an established rolling one calendar year (365 day period) as established by a written document designated as a consultant / professional services assignment (“Assignment”). A remunerable working relationship shall commence at 12:00 p.m. on the date of ____/____/_____ and conclude at 11:59 p.m. on the date of ____/____/_____. Following the above-designated framework, each unique assignment allocated by the contracting party to Yarborough Planning, LLC shall be each independently such assigned. Each “Assignment” will specify, to a reasonable extent, expectations of both parties including estimated costs and means

 

 

 David  J.  Paster  

     

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of dissemination. Unless credit is previously established, a retainer fee may be required of fifty percent (50%) of the estimated aggregated amount due (as per the “Assignment” respective estimate invoice) with each assignment. This Agreement shall be governed by and construed in accordance with general jurisprudence of the United States of America and the specific legislation of the State of Missouri  and  if  and  when  situational  appropriate,  United  States  Federal  and  various  host  jurisdiction’s  domestic  and  applicable  international  law.   Party  receiving  services:    _________________________________________________________        Represented  by:  __________________________________________________________________________________________     Date:  ____________          Party  providing  services:    Yarborough  Planning,  LLC                  Represented  by:  David  J.  Paster,  Principal      Date:  ____________