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Exhibit 10.29
Daybreak Oil and Gas, Inc.
601
West Main Ave Suite
1017 Spokane,
WA 99201
Off:
(509)
232-7674 Fax:
(509) 455-8483
CONSULTING SERVICES AGREEMENT
BETWEEN: DAYBREAK
OIL AND GAS, INC. (The Company)
AND
MICHAEL
J. HOOPER (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 accounting and accounting systems analyst
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 sufficiency
of which are hereby acknowledged, the parties hereto agree as
follows:
1.
Engagement
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 general financial and
business matters, including but not limited to:
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development
and maintenance of internal controls
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development
and maintenance of accounting system design including chart of
accounts
-
develop
and maintain integration of accounting system and financial
statements
-
development
and maintenance of internal management reports.
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.
2.
Term
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.
It
is agreed and understood by both parties that the Consultant
may have provided services to the Company prior to the
effective date of this Agreement. In such case, the Consultant
will submit an invoice for services rendered in the manner
provided in Section 3 herein and subject to approval by the
Treasurer or Chief Financial Officer, the Company shall pay
such invoice.
3.
Compensation
The
Company shall pay to the Consulta
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