INVESTOR RELATIONS
SERVICE AGREEMENT
This agreement ("agreement") is made and entered
into June 13, 2005 ("Effective Date") by and between Eclips
Ventures International ("Eclips"), a corporation based in the
Netherlands, located at Keizersgracht 453, 1017 DK, Amsterdam and
Triangle Petroleum, a Nevada (United States) Corporation based in
Calgary, Alberta and located at Suite 1600, 144 Fourth Avenue, SW,
Calgary, Alberta, T2P 3N4 hereafter known as
“Client”.
1.
Terms
Terms (first term) of this agreement will take
effect on 06/13/05 (“execution date”) and will be
terminated on 06/13/06.
2.
Client Obligations
2.1 Client shall provide Eclips with reliable
corporate information and contacts regarding Triangle
Petroleum’s business and stock in order to facilitate
Eclips’ obligations hereunder.
2.2
Client shall provide information
that is legally allowable under all SEC and other government law in
regards to statements made.
3.
Liability
3.1
Client understands that Eclips
makes no warranties on results of the investor relations
program.
3.3 Eclips will
not be responsible for any false claims or misleading statements
made by Client.
4.
Recommendations
4.1
Client understands that Eclips is
not a broker dealer or registered
investment
advisor and is not acting in any way to make recommendations to the
purchase of sale of any security.
4.2
Client understands that Eclips will
make no offer to buy or sell securities.
4.3 Eclips will
recommend that any visitor/member/contact/subscriber considering
trading or investing in the publicly traded company Triangle
Petroleum (ticker: TPLM) do so only after speaking with a
stockbroker or registered financial advisor.
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5.1
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Fees for the
investor relation services will be delivered in accordance with the
following schedule:
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Eclips shall
receive three hundred thousand (300,000) s
