Exhibit 10.51 CONSULTING AGREEMENT
THIS CONSULTING AGREEMENT, dated as of this 1st day of March 2003 between
Xxxx X. Xxxxxxx of 000 Xxxx Xxxxxx, Xxxxx 0000, Xxxxx, XX. 83701-1617 ("GDB")
and United States Antimony Corporation of 0000 Xxxxxxxx Xxxxx Xxxx, Xxxxxxxx
Xxxxx, Xxxxxxx 00000 ("USAC"), pursuant to which GDB and USAC have agreed as
follows:
(1) CONSULTATION SERVICES.-GDB will provide consultation services including
legal, business, technical, negotiation, sales, and advising the USAC Board of
Directors with regards to zeolite and antimony. This contract does not cover
GDB's work as general counsel to USAC which is performed through Xxxxxx Troxell,
Ennis, & Xxxxxx of Boise, Idaho.
(2) TERM.- The term of this agreement is a period of three years commencing
from the date first above written. Changes or renewal of this agreement will
require mutual agreement of both parties.
(3) COMPENSATION.-- The compensation to GDB shall consist of 200,000 shares
of unregistered Series D United States Antimony Corporation Preferred Stock and
200,000 unregistered Series D United States Antimony Corporation Preferred Stock
Purchase warrants exercisable at $.30 for a period of three years for consulting
work through 28 February 2003. In addition, for each subsequent year, GDB will
be paid an amount to be determined by the USAC Board of Directors based on
stock price.
(4) ENTIRE AGREEMENT.-- This Agreement contains the entire agreement of the
parties. No modifications of the terms and conditions of this Agreement will be
valid or binding on the parties unless made in writing after the date hereof and
signed by each of the parties.
(5) GOVERNING LAW.-- This Agreement shall be construed according to the
laws of the State of Idaho, USA.
(6) SUPERCEDES ALL PREVIOUS AGREEMENTS.--This agreement supercedes all
previous Agreements.
IN WITNESS WHEREOF, the parties have caused the Agreement to be executed as of
the date first above written,
By/s/ Xxxx X. Xxxxxxx (GDB)
Print Name Xxxx X. Xxxxxxx
By/s/ Xxxx X. Xxxxxxxx(USAC)
