Description of the Verbal Agreement between the Lithium Exploration Group, Inc. (the “Company”) and Alexander Walsh.
Exhibit 10.13
Description of the Verbal Agreement between the Lithium Exploration Group, Inc. (the “Company”) and Xxxxxxxxx Xxxxx.
The Company is party to an informal verbal agreement with its Chief Executive Officer, Xxxxxxxxx Xxxxx, which was effective July 1, 2011 and continues until either Xx. Xxxxx or the Company terminates the agreement. Under this verbal agreement, Xx. Xxxxx serves as the Company’s Chief Executive Officer and is paid a salary of $10,000 per month.