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Head Office: 
81 Clemenceau Ave. 04-15/16
UE Square Suite 23
Singapore 239917
(t) +65 6830 8440
www.kalenergyinc.com

 
Mr William Bloking
President & Chairman of the Board of Directors
KAL Energy, Inc.

9 September 2008

RE: Executive Chairman Fees

Dear Mr. Bloking:

On behalf of the Board of Directors of KAL Energy, Inc. (“the Company”), and in
light of your duties as Executive Chairman and President of the Company, I
hereby tender for your consideration our offered Remuneration Package.

Base Salary
During your term as Executive Chairman, your fees will be increased from a rate
of $84,000 per annum to $300,000 per annum, payable monthly in arrears on the
15th of the month.

This will be accounted for since June 1, 2008. This fee structure will revert to
$84,000 per annum upon appointment of a new Chief Executive Officer as so noted
by a resolution of the Board of Directors.

I hope you will find this to be a competitive offer, and look forward to your
written acceptance.

Yours sincerely,

        /s/ Antonio Varano      

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Antonio Varano    
Independent Non-Executive Director
KAL Energy, Inc
     

 

US Office:
148 North Main St.
Florida, NY 10921
(t) +1 (845) 651 5260
(f) +1 (845) 988 6817
www.kalenergyinc.com
 

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