BONUS AGREEMENT
THIS AGREEMENT made the 22nd day of May, 2008.
BETWEEN: | |
FOX PETROLEUM INC., a company incorporated pursuant to the laws of the State of Nevada, with an office at 00 Xxxxxxxxxxxxx, Xxxxxx XX0X 0XX | |
(the “Employer”) | |
OF THE FIRST PART | |
AND: | |
XXXXXXX XXXXX, of 0000 Xxxxxxxx Xxxx, Xxxxxx, XX XX00 XXX | |
(the “Executive”) | |
OF THE SECOND PART |
A. Upon review of the performance of the Executive, it has been determined that it is reasonable in the circumstances and in the best interest of the Employer to pay a bonus to the Executive;
1. BONUS
1.1 In consideration of the services performed by the Executive, the Employer hereby agrees to pay a bonus to the Executive in the amount of GBP 5,000 and issue 5,000 restricted common shares in the capital of the Employer.
IN WITNESS WHEREOF. the parties hereto have executed this Bonus Agreement as of the date first written above.
Per: | /s/ Xxxxxxxxx Xxxxxx | |
Authorized Signatory |
SIGNED, SEALED and DELIVERED by | ) | |
XXXXXXX XXXXX in the presence of: | ) | |
) | ||
/s/ Xxxxxxxxx Xxxxxx | ) | |
Signature | ) | |
Xxxxxxxxx Xxxxxx | ) | /s/ Xxxxxxx Xxxxx |
Print Name | ) | XXXXXXX XXXXX |
Apartment 4, 00 Xxxxxxxx Xxxx Xxxx | ) | |
Address | ) | |
Xxxxx Xxxxxxxxxx Xxxxxx XX0 0XX | ) | |
) | ||
Company Director | ) | |
Occupation | ) |