EXHIBIT 10.1
VORTICOM
High impact strategic media relations
February 27, 2009
Mainland Resources, Inc.
17314 SH 249, Suite 306
Houston, TX 77064
RE: CONTRACT FOR PUBLIC RELATIONS FOR MAINLAND RESOURCES INC.
Vorticom Inc. will serve as public relations counsel for Mainland
Resources,
Inc. (OTCBB: MNLU) for a period of 12 months effective March 1,
2009, cancelable
by either party in writing with 30 days notice. This agreement may
be renewed
and/or extended for an additional 12 months in the 12th month of
this agreement.
Duties will involve:
Vorticom will handle the activities outlined in the public
relations plan as
well as additional activities agreed upon by Mainland Resources and
Vorticom.
Vorticom will draft releases, place editorial opportunities for
Mainland
Resources in the media, work with ancillary marketing and investor
relations
partners and engage in other marketing communications activities,
as outlined in
our plan and discussed in ongoing briefings.
1. 10,000 shares of common
stock of MNLU payable annually. Delivery of
the first
installment of shares shall be delivered to Vorticom at the
start of the
engagement, and then issued quarterly (2,500 shares per
quarter),
with each issuance deemed earned at the end of each quarter
during the
term of this Agreement. Vorticom will be paid a cash fee of
US/$5,000
per month. A media services fee of $500 monthly includes
access to
high-end media database and editorial calendar services and
online
clipping services.
2. Vorticom will receive 1,000
additional shares of MNLU common stock up
to a maximum
of 15,000 shares in aggregate (negotiable after this
point) upon
the placement of each earned national media placement
(print or
broadcast, such as, CNBC TV, Fox News Bloomberg TV, Fox
Business
Network, The Wall Street Journal, The Financial Times, Time
Magazine,
Newsweek Magazine, etc.) featuring Mainland Resources, Inc.,
such shares
to be issued quarterly. Worthy coverage is defined as said
top tier
media citing the company name ("Mainland Resource") within
positive oil
and gas related feature coverage. While article word
count and
broadcast length varies due to outside editorial and
producer
dictates, attribution of the company name Mainland Resources
&nbs
