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EMPLOYMENT AGREEMENT

Employee Retention Agreement

EMPLOYMENT AGREEMENT | Document Parties: BEDROCK ENERGY, INC. You are currently viewing:
This Employee Retention Agreement involves

BEDROCK ENERGY, INC.

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Title: EMPLOYMENT AGREEMENT
Governing Law: Colorado     Date: 3/31/2009

EMPLOYMENT AGREEMENT, Parties: bedrock energy  inc.
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                              EMPLOYMENT AGREEMENT


                  THIS EMPLOYMENT AGREEMENT  ("Agreement") made and entered into
as of the 1st day of March 2009 to be effective as of the 1st day of March, 2009
(the  "Effective  Date"),  by and  between  Bedrock  Energy,  Inc.,  a  Colorado
corporation (the "Company") and Herbert T. Sears (the "Executive").

                              W I T N E S S E T H:

                  WHEREAS,  the  Company  wishes to secure the  services  of the
Executive subject to the contractual terms and conditions set forth herein; and

                  WHEREAS, the Executive is willing to enter into this Agreement
upon the terms and conditions set forth herein.

                  NOW,  THEREFORE,  in  consideration of the mutual promises and
agreements set forth herein, the parties hereto agree as follows:

1.   Employment.  The Company hereby agrees to employ the Executive,  and the
Executive hereby agrees to accept such employment with the Company, all upon the
terms and conditions set forth herein.

2. Term of Employment.  Subject to the terms and  conditions of this  Agreement,
the Executive  shall be employed for a term commencing on the Effective Date and
ending on December 31, 2009 (the "Term")  unless  sooner  terminated as provided
for herein. The Term shall renew automatically for additional one (1) year term,
unless either party gives written  notice no less than ninety (90) days prior to
the expiration of the Term that it does not intend to extend the Term.

3.       Duties and Responsibilities.        

     A. Capacity.  During the Term, the Executive shall serve in the capacity of
CFO/ Treasurer.

     B.  Part-time  duties.  During  the Term,  and  excluding  any  periods  of
disability,  vacation  or sick leave to which the  Executive  is  entitled,  the
Executive  shall  devote  such time as  necessary  to perform  the duties of the
offices assumed.

     C. Standard of  Performance.  The  Executive  will perform his duties under
this Agreement with fidelity and loyalty, to the best of his ability, experience
and talent and in a manner consistent with his duties and responsibilities.

4.       Compensation.        


<PAGE>





     A.  Salary.  For  services  to be  preformed  for the first Term under this
Agreement the Executive  shall receive the sum of $5,000 which shall be pre-paid
by the issuance of 100,000  shares of  restricted  stock upon  execution of this
Agreement.

     B. The Executive shall be entitled to prompt reimbursement from the Company
for reasonable  out-of-pocket  expenses  including cell phone incurred by him in
the  course of the  performance  of his duties  hereunder,  upon  submission  of
appropriate  documentation  in  accordance  with  the  practices,  policies  and
procedures applicable to other executives of the Company.

     C.  Compensation  for  subsequent  terms  shall be  negotiated  between the
parties.

5. Termination of Employment.
        
     Notwithstanding  the  provisions  of  Section  2  hereof,  the  Executive's
employment hereunder shall terminate under any of the following conditions:

     A. Death.  The Executive's  employment under this Agreement shall terminate
automatically upon his death.

     B. Total  Disability.  The Company  shall have the right to terminate  this
Agreement  if the  Executive  becomes  Totally  Disabled.  For  purposes of this
Agreement,  "Totally  Disabled"  means that the  Executive is not working and is
currently  unable to perform the substantial and material duties of his position
hereunder  as a result of  sickness,  accident or bodily  injury for a period of
three months.  Prior to a determination that Executive is Totally Disabled,  but
after Executive has exhausted all sick leave and vacation  benefits  provided by
the Company,  Executive shall continue to receive his Base Salary, offset by any
disability benefits he may be eligible to receive.

     C. Termination by Company for Cause. The Executive's  employment  hereunder
may be terminated for Cause upon written notice by the Company.  For purposes of
this Agreement, "Cause" shall mean:

          (1)  conviction of the Executive by a court of competent  jurisdiction
     of any felony or a crime involving moral turpitude;

          (2) the  Executive's  willful and  intentional  failure or willful and
     intentional  refusal to follow  reasonable and lawful  instructions  of the
     Board;

          (3) the  Executive's  material breach or default in the performance of
     his obligations under this Agreement;
                                    or

          (4) the Executive's act of misappropriation, embezzlement, intentional
     fraud or similar conduct involving the Company.

(5)

<PAGE>





Executive may not be terminated for Cause  pursuant to  subsections  (2) and (3)
above unless Executive is given written notice of the circumstances constituting
"Cause" and a reasonable period to cure such  circumstances,  which period shall
be no less than thirty (30) days.

     D.  Termination  in the  event  of a change  of  control.  The  Executive's
employment  hereunder  may be terminated by the Company in the event of a Change
of Control.  " Change of Control"  means:  (a) the  consummation  of a merger or
consolidation  of  the  Company  with  or  into  another  entity  or  any  other
transaction,  in which the  stockholders of the Company  immediately  after such
merger,  consolidation or other  transaction own or beneficially own immediately
after such merger,  consolidation  or other  transaction less than 50 percent or
more of the voting power of the outstanding  securities (i) in the continuing or
surviving  entity  and  (ii)  any  direct  or  indirect  parent  entity  of such
continuing or surviving  entity (b) the sale,  transfer          


 
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