EXHIBIT 10.18
Siegel Consultancy CONFIDENTIAL
March 16, 2005
ImmuneRegen Biosciences, Inc.
STATEMENT OF WORK
I. GENERAL DESCRIPTION OF SERVICES
HAL SIEGEL, PH.D. (CONSULTANT) dba Siegel Consultancy will provide the FOLLOWING
CONSULTING SERVICES (SERVICES) to IMMUNEREGEN BIOSCIENCES, INC. (CLIENT):
A. CONSULTANT will hold discussions with appropriate individuals within
CLIENT company and with any of CLIENT's consultants in order to
determine the scope and nature of required regulatory and compliance
activities.
B. CONSULTANT will provide initial and ongoing product development,
quality, compliance, clinical and regulatory consulting in support of
product development, clinical and non-clinical activities, and
regulatory submission preparation, submission and support, as needed,
to enable the development, marketing allowance and domestic
commercialization of the targeted medical product/service. Scope of
these activities will be mutually determined on an ongoing basis by
the CLIENT, CONSULTANT and other appropriate individuals.
II. DELIVERABLE ITEMS/MILESTONES; DELIVERY DATES; COMPENSATION
A. Deliverable Items
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CLIENT and CONSULTANT will mutually determine scope of assistance,
method of conveyance to the CLIENT (e.g., verbal or written), and
format of such assistance in order to meet the needs of the CLIENT
during these development and commercialization activities.
B. Development and Compensation Schedule
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Compensation for all activities performed in support of CLIENT work
will be at an hourly rate of $150 (1/4 hour minimum) to be paid as
cash.
Travel time will be billed at $100/hour to a maximum of 8 hours/day.
Travel time that serves the interest of multiple clients will be
billed in a pro-rated manner.
C. Changes to Schedule
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If CLIENT and CONSULTANT determine at any time that CLIENT and
CONSULTANT desire to amend this Statement of Work, an ADDENDA may be
set forth in writing and signed by both parties.
March 15, 2005 page 1 of 2
EXHIBIT 10.18
Siegel Consultancy CONFIDENTIAL
In the event of disagreements concerning these terms, the parties will
negotiate in good faith an amended schedule, which may be set forth in
writing and signed by both parties.
D. Expenses
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Expenses incurred by CONSULTANT during the performance of these
SERVICES will be documented per invoice and reimbursed.
E. Total Compensation
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Terms of payment for participation specified above shall be within 15
days of invoicing.
AGREED AND ACCEPTED:
/s/ Michael K. Wilhelm Michael K. Wilhelm, CEO 3/16/05
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signed by CLIENT representative Name/Title (print) Date
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/s/ Hal Siegel 3/16/05
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CONSULTANT Date
Hal Siegel, Ph.D.
Siegel Consultancy - Assistance for FDA-Regulated Industry
7111 E. McDonald Drive
Scottsdale, AZ 85253-5406
Hsiegel@earthlink.net (email)
(480) 229 1870 (phone)
(530) 686 9350 (fax)
March 15, 2005 page 1 of 2