Mantra Venture Group Ltd.: Exhibit 10.1 - Filed by newsfilecorp.com





 

		Powertech Labs Inc.
    	12388 – 88th
      Avenue 	Tel: (604) 590-7500

	  	Surrey, British Columbia
    	 Fax:
      (604) 590-5347 
	  	Canada V3W 7R7 	www.powertechlabs.com
  



	Service
      Contract 
	Project Name: ERC Stage 1 
	Project Number: 80021642 



	POWERTECH LABS INC. 	Mantra Energy Alternatives Ltd. 
	(“Powertech”) 	(“Client”) 
	Address: 12388 – 88th Avenue 	Address: Suite #562, 800 15355 24th
      Avenue 
	               
             Surrey, B.C., Canada, V3W 7R7 	           
             Surrey BC, V4A 2H9 
	Attention: Keith Lee 	Attention: Neil Huff 
	Phone: (604) 590-7438 Fax: (604) 590-6656 	Phone/Fax: (604) 306-0487 
	Email: keith.lee@powertechlabs.com 	Email: nhuff@tekion.com




	TECHNICAL CONTACTS: 
	               
                         
                         
         For Powertech 	Keith Lee 	Phone 	(604) 590-7438 
	               
                         
                         
         For Client 	Neil Huff 	Phone 	           
       (604) 306-0487 


AGREEMENT: The attached Attachment ERC Stage 1 Proposal
Final 20120524 – Terms and Conditions, and Attachment ERC Stage 1 Proposal Final
20120524 – (entire document), are incorporated in and form a part of this
Service Contract and, together with this Service Contract, constitute, and shall
be read and interpreted as, one agreement between Powertech and the Client (the
“Agreement”). 

SCOPE OF WORK: Powertech shall perform the services
described in the attached Attachment ERC Stage 1 Proposal Final 20120524 –
(entire document) and Project Change Form for Project No. 80021642 Change No. 01
(the “Services”) on the terms and conditions set out in Attachment ERC Stage 1
Proposal Final 20120524 – Terms and Conditions, except as the same are modified
or supplemented below in this Service Contract.

PRICE:                    $171,000 plus materials as described in ERC
Stage 1 Proposal Final 20120524

THE FOLLOWING PAYMENT PROVISIONS ARE SPECIFIC TO THE
AGREEMENT AND MODIFY OR SUPPLEMENT, AND IN THE CASE OF CONFLICT OR
INCONSISTENCY SHALL PREVAIL OVER, ATTACHMENT ERC Stage 1 Proposal Final
20120524 – TERMS AND CONDITIONS (if no changes, enter “None”): None

PERIOD OF PERFORMANCE:                    2012-05-29 to 2012-02-19 as
described in ERC Stage 1 Proposal Final 20120524

THE FOLLOWING PROVISIONS ARE SPECIFIC TO THE AGREEMENT AND
MODIFY OR SUPPLEMENT, AND IN THE CASE OF CONFLICT OR INCONSISTENCY SHALL
PREVAIL OVER, ATTACHMENT ERC Stage 1 Proposal Final 20120524 – TERMS AND
CONDITIONS (if no changes, enter “None”): None

EXECUTION OF CONTRACT: The undersigned acknowledges (i)
having read the terms and conditions of this Agreement, including all
attachments, and (ii) that all such terms and conditions collectively constitute
a binding agreement of the parties named herein. No other agreement, whether
express or implied, exists between such parties. The undersigned further
acknowledges receiving a copy of this Agreement and covenants to have legal
authority to execute this Agreement on behalf of Powertech or the Client, as
applicable.

The parties acknowledge and agree that facsimile signatures
shall be as valid to bind the parties as are original signatures.

	For (“Powertech”) 	POWERTECH LABS INC. 	For (“Client”) 	Mantra Energy Alternatives Ltd. 
	Printed Name: 	Keith Lee    	Printed Name: 	Larry Kristof    
	Signature: 	/s/ Keith Lee    	Signature: 	/s/ Larry Kristof    
	Title: 	Authorized Signatory	Title: 	President    


 





	This
      document contains proprietary information and shall not be disclosed to
      any third party without the prior written permission of Powertech. 
	Service Contract 	Page 1 of 2 	 








		Powertech Labs Inc. 	12388 – 88th Avenue 	Tel: (604) 590-7500 
	 	Surrey, British Columbia 	 Fax:
      (604) 590-5347 
	 	Canada V3W 7R7 	www.powertechlabs.com 




	Date:  	June 19, 2012	Date: 	June 19, 2012


 





	This
          document contains proprietary information and shall not be disclosed to
          any third party without the prior written permission of Powertech. 
	Service Contract 	Page 2 of 2