THIS AGREEMENT (the "Agreement"), is made and entered into as of this
13th day of December, 2000, by and between Thomas Wells, with offices at 3900
Essex Lane, Suite 1112, Houston, Texas ("Consultant") and American Energy
Services, Inc., with offices at 7224 Lawndale, Houston, Texas 77012
("Company") (together the "Parties").
WHEREAS, the Parties desire to formalize the terms and conditions
under which Consultant shall provide consulting services to the Company;
NOW, THEREFORE, in consideration of the mutual promises and covenants
herein contained, and other valid consideration, receipt of which is hereby
acknowledged, the Parties agree as follows:
1. Term of Agreement and Renewal.
The Agreement shall remain in effect from the date of execution
hereof through the expiration of a one year period, and may be renewed upon
the mutual consent of the Parties.
2. Nature of Services to be Rendered.
Consultant shall provide the Company with consulting services,
including, but not limited to, structuring international trade operations for
the Company's manufacturing and selling products to energy companies.
As compensation for his consulting services rendered hereunder, the
Company, shall issue to the Consultant 3,333 shares of the Company's common
stock, par value per share.
4. Warranties and Representations of the Consultant.
In order to induce the Company to enter into this Agreement, the
Consultant hereby makes the following unconditional warranties and
(a) Consultant is not now a party to a consulting agreement with
any other corporation or entity involved in a business which is the same as
or similar to the Company's.
(b) Consultant is permitted to provide consulting services to any
corporation or entity engaged in a business identical or similar to the
Company's, provided, however, that the