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Management Consultant Agreement

This is an actual contract by Doe Run Resources.

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Sectors: Metals and Mining
Governing Law: New York, View New York State Laws
Effective Date: April 07, 1994
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Management Consultant Agreement made as of April 7, 1994 between THE DOE RUN RESOURCES CORPORATION, a New York corporation ("Corporation"), and THE RENCO GROUP, INC., a New York corporation ("Consultant").

W I T N E S S E T H :
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WHEREAS, Consultant is in the business, among other things, of providing management and consulting services to its clients; and

WHEREAS, Corporation desires to retain Consultant on the terms herein provided, and Consultant is agreeable to accepting such retainer.

NOW, THEREFORE, it is hereby agreed as follows:


Corporation hereby retains Consultant as management consultant for itself and any subsidiary corporations (presently none) on the terms herein set forth, and Consultant hereby accepts such retainer.


Consultant shall, through its staff and persons specially retained by it:

(a) Become generally informed, and keep itself informed, as to the business and affairs of the Corporation, and its subsidiary corporations, and general business developments in their industries.

(b) From time to time visit the physical facilities of the Corporation and its subsidiaries and consult with its officers and managers.

(c) Provide the Corporation and its subsidiaries from time to time with its advice and recommendations relating to such matters as product, improving productivity, personnel matters and like matters.

(d) On request of the Corporation and its subsidiaries, meet with the Corporation and its subsidiaries and review operating plans, budgets, forecasts, employee benefit programs, proposed major transactions, and like matters, and consult with the Corporation thereon.

(e) Advise and assist the Corporation and subsidiaries in negotiations.


For Consultant's services hereunder Corporation shall pay to Consultant an Annual fee ("Annual Fee") of One Million Two Hundred Thousand ($1,200,000) Dollars payable at such times and in such installments as shall be agreed upon from time to time between Corporation and Consultant.
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