50 of the Top 250 law firms use our Products every day
|
Exhibit 10.27
CONSULTING SERVICES AGREEMENT BETWEEN:
DAYBREAK OIL AND GAS, INC. (Hereinafter the
"Company")
JEFFREY R. DWORKIN (Hereinafter the
"Consultant')
WHEREAS,
the Company desires to be assured of the association and
services of the Consultant in order to avail itself of the
Consultant's experience, skills, abilities, knowledge and
background as an public oil and gas industry executive and to
advise the Company in public oil and gas industry business
and/or financial matters and is therefore willing to engage
the Consultant upon the terms and conditions set forth
herein.
WHEREAS,
the Consultant agrees to be engaged and retained by the
Company and upon the terms and conditions set forth
herein.
NOW
THEREFORE, in consideration of the foregoing, and for other
good and valuable consideration, the receipt and suffiency of
which are hereby acknowledged, the parties hereto agree as
follows:
The
Company hereby engages the Consultant on a non exclusive
basis, and the Consultant hereby accepts the engagement to
become a consultant to the Company and to render such advice,
consultation, information and services to the directors and
officers of the Company regarding public oil and gas industry
business matters and public company corporate governance
matters.
It
shall be expressly understood that Consultant shall have no
power to bind the Company to any contract or obligation or to
transact any business in the Company's name or on behalf of
the Company in any manner.
The
term of this Agreement shall commence on the date hereof and
continue for Seven (7) months. The Agreement may be extended
upon agreement by both parties.
The
Company shall pay to the Consultant:
|
a)
|
Consulting
Fees in the amount of one hundred fifty ($150.00) dollars per hour
for time spent on the business of the Company including but not
limited to telephone conversations, personal conferences, strategy
development and planning, letter and document preparation and
review, research and drafting.
|
|
b)
|
the
Consultant will also be paid for expenses incurred or
advanced
on your behalf.
|
|
