SERVICE AGREEMENT
THIS
AGREEMENT Dated
for reference the 15th day
of May, 2010
BETWEEN: Xxxx
Xxxxxxxx
(the “Service Provider”)
AND: Tundra
Gold Corp.
000 X.
Xxxxxxxx, 0xx
Xxxxx
Xxxx,
Xxxxxx, 00000
(the “Company”)
WHEREAS:
|
A.
|
The
Company is a Nevada corporation in the business of mineral exploration;
and
|
|
B.
|
The
Company desires to develop mineral properties;
and
|
|
C.
|
The
Company desires to retain the services of the Service Provider in the
capacity pursuant to the terms
hereof; and
|
|
D.
|
The
Service Provider is an individual possessing qualifications in the mineral
exploration industry; and
|
|
E.
|
The
Service Provider is willing to serve as a Director of the
Company
|
THIS
AGREEMENT WITNESSES THAT in consideration of the premises and mutual covenants
herein contained, and for other good and valuable consideration, the receipt and
sufficiency of which is acknowledged by each party, the parties agree as
follows
1. ENGAGEMENT: The
Company herby engages the Service Provider to provide the services referred to
in Section 3 hereof for the consideration hereinafter set forth and the Service
Provider hereby accepts such engagement by the Company, all and subject to the
terms and conditions of this Agreement.
2. TERM: The
Service Provider’s engagement shall commence November 6, 2009 and continue for
as long as the Service Provider is a director of the Company. Nothing
herein shall prevent the Service Provider from offering or performing services
to other businesses.
3. DUTIES: The
Service Provider will utilize his expertise to serve on the Board of Directors
of the Company.
4. COMPENSATION: In
consideration for the services of the Service Provider to be provided to the
Company under this agreement, the Company will pay to the Service Provider
and/or his agent, an amount of USD $500 per month. Payment will be
made to the Service Provider in advance on a quarterly basis.
5. CONFIDENTIALITY
AND NON-DISCLOSURE: The Service Provider agrees on behalf of himself
that any information provided to him by the Company of a confidential nature
will not be revealed or disclosed to any person or entity, except in the
performance of this Agreement or as directed by legal or regulatory
authority.
6. ENTIRE
AGREEMENT: This Agreement, hereto constitutes the entire agreement
between the parties hereto and there are no representations or warranties,
express or implied, statutory or otherwise other then set forth in this
Agreement and there are no agreement collateral hereto other than as
are expressly set forth or referred to herein. This Agreement cannot
be amended or supplemented except by a written agreement executed by both
parties hereto.
7. COUNTERPARTS: This
Agreement may be executed in counterparts together shall constitute one and the
same instrument.
IN
WITNESS WHEREOF the Parties have duly executed this Agreement as of the date set
out above of this Agreement.
Per Xxxx
Xxxxxxxx Per
Xxxxxxxxx (Xxxx) Xxxxx Basrai, President
Authorized
Signatory Authorized
Signatory
__________________________________ ___________________________________________
