SERVICE AGREEMENT
THIS AGREEMENT Dated for reference the 13th day of August, 2010
BETWEEN: Xxx Xxxxxxx
(the “Service Provider”)
AND: Coastline Corporate Services, Inc.
000 X. Xxxxx Xxxxxx Xxxxxxx
Xxxxx 000
Xxxxxxxxx, XX, 00000
(the “Company”)
WHEREAS:
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A.
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The Company is a Florida corporation in the business of mineral exploration; and
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B.
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The Company desires to develop mineral properties; and
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C.
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The Company desires to retain the services of the Service Provider in the capacity pursuant to the terms hereof; and
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D.
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The Service Provider is an individual possessing qualifications in the mineral exploration industry; and
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E.
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The Service Provider is willing to serve as a Director of the Company
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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 August 13, 2010 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.
Coastline Corporate Services, Inc.
Per Xxx Xxxxxxx Per Xxxxxx Xxxxxx President
Authorized Signatory Authorized Signatory
/s/ Xxx Xxxxxxx /s/ Xxxxxx Xxxxxx
__________________________________ ___________________________________________
