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TRANSFER AGENT AND REGISTRAR AGREEMENT

Agency Agreement

TRANSFER AGENT AND REGISTRAR AGREEMENT | Document Parties: QELE RESOURCES INC. | Empire Stock Transfer Inc You are currently viewing:
This Agency Agreement involves

QELE RESOURCES INC. | Empire Stock Transfer Inc

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Title: TRANSFER AGENT AND REGISTRAR AGREEMENT
Governing Law: Nevada     Date: 6/17/2008

TRANSFER AGENT AND REGISTRAR AGREEMENT, Parties: qele resources inc. , empire stock transfer inc
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Exhibit 10.1                                Transfer Agent and Registrar Agreement

TRANSFER AGENT AND REGISTRAR AGREEMENT


THIS AGREEMENT is made and entered into on April 30, 2007.

BETWEEN:                                  Empire Stock Transfer Inc. (the “Transfer Agent”), duly incorporated under the laws of the State of Nevada, having an office situated at 2470 St. Rose Pkwy, Suite 304 in Henderson, NV 89074.

AND:                          QELE RESOURCES INC.      
 
   Name of Company (the “Company”)

 
 NEVADA    
 
State of Incorporation

 
Lot 25, Mananikorovatu Road
8 Miles Makoi
Nausori, Fiji      
Address of Company

In consideration of the mutual premises, covenants and agreements contained herein, the parties agree as follows:

1.  
The Company hereby appoints Transfer Agent as the sole Transfer Agent and Registrar for the Company’s capital stock.

2.  
The Company warrants and represents to the Transfer Agent that the Company has full power and absolute capacity to enter into this Agreement and that the terms of this Agreement have been authorized by all necessary corporate acts and deeds in order to give effect to the terms hereof, including the execution of this Agreement by the authorized signatory indicated below.

3.  
The Company agrees to pay the transfer agent an initial fee of $ 1,000; which includes a $500 file setup fee, first year’s annual maintenance fee and a $500 credit toward future use.  Thereafter, the Company agrees to pay the transfer agent an annual fee of $500 in compensation for the time and expense necessary to maintain the books and records of the Company as well as answering any inquiries from shareholders, brokers and clearing agents that may arise from performing this duty.  This annual fee will be due on a fiscal basis from the date of execution of this agreement and is subject to annual review.  Other fees may include, without limitation, transfers borne by the Company, shareholder lists, mailing labels, distributions and proxy tabulation.  In addition, the Company agrees to pay all expenses incurred by the result of a lawsuit or government investigation including all legal and professional fees, travel expenses, copying of documents, and postage or courier fees.  The Company agrees that it shall compensate the Transfer Agent at a rate of $50 per hour in circumstances where the Transfer Agent is required to expend its employees’ time in order to comply with regulatory body or court

 
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