CONSULTING
AGREEMENT
This Consulting
Agreement ("Agreement") is made and entered into effective as of
October 1st, 2008 (the “Effective Date”) by SNOWDON
RESOURCES CORPORATION. , a Nevada corporation ("Corporation"),
and TIMOTHY B. BROCK., of 5866 Eagle Island, West Vancouver,
British Columbia, Canada V7W 1V5 (the
“Consultant”)
WHEREAS, the
Corporation desires to retain the services of a corporate
consultant and the Consultant has agreed to accept such appointment
on the terms and conditions herein contained:
NOW THEREFORE,
IT IS AGREED AS FOLLOWS:
The Consultant
agrees to the appointment hereunder and during the term of this
Agreement. The Consultant shall provide advice with
respect to financing, strategic planning and business development,
and other management consulting services as may be mutually
agreed.
Section
2 - Term and
Termination of Appointment
2.1 Initial
Term . The term of engagement of the Consultant by
the Corporation shall be for a period of 36 months beginning with
the Effective Date ("Initial Term"), unless terminated earlier
pursuant to this Agreement. At any time prior to the
expiration of the Initial Term, the Corporation and the Consultant
may by mutual written agreement extend the Consultant’s
engagement under the terms of this Agreement for such additional
period as may be agreed.
2.2
Termination . The Corporation may effect a
termination of this Agreement upon giving thirty (30) days' written
notice to the Consultant of such termination. The
Consultant may effect a termination of this Agreement upon giving
thirty (30) days' written notice to the Corporation of such
termination.
3.1 Fees
. As payment for the services to be rendered by the
Consultant as provided in Section 1 and subject to the terms and
conditions of Section 2, the Corporation agrees to pay to the
Consultant a fee of US$36,000 per annum payable in equal monthly
installments of $3,000 each commencing October 1
st , 2008.
3.2
Reimbursement for Expenses . During the term of
this Agreement, the Corporatio
