**Exhibit      10.3**

***JOINT      OPERATING AGREEMENT***

***SAWN      LAKE AREA, ALBERTA***

| 1.  | INTERPRETATION |
|----------|----------------|

| (a) | In                      this Agreement, unless the context otherwise requires, the                      definitions                      contained in clause 101 of the Operating Procedure shall apply,                      and: |
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|   | (i)  | “Assignment                    Procedure” means the 1993 CAPL Assignment Procedure as completed and                    attached as Schedule “C” |
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|   | (ii)  | “Effective                  Date” means April 23, 2004;  |
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|   | (iii)  | “Joint                    Lands” means the lands described in Schedule “A” hereto, including where                    the context requires the petroleum substances within, upon or                    under such                    lands, or any interest or interests in such lands from time to                    time                    remaining subject to this Agreement; |
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|   |   |   |
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|   | (iv)  | “Operating                    Procedure” means the Operating Procedure as completed and attached as                    Schedule “B”, together with the Accounting Procedure as completed and                    annexed thereto as Exhibit “A” |
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|   | (v)  | “Operator”                    initially means MIKWEC, appointed as such in Clause 5* *of                    this Agreement; |
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|   | (vi)  | “Participating                  Interest” means the percentage interest of a party set forth in Clause 4                  of this Agreement; |
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|   | (vii)  | “Title                  Document” means the document of title set forth and described in Schedule                  “A” hereto and any renewal, extension or replacement thereof, including                  any leases selected from a license or reservation, insofar as they                  relate                  in each case to the Joint Lands; and |
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| (b) | The                  headings of the clauses of this Agreement and the Schedules are                  inserted                  for convenience of reference only and shall not affect the meaning                  or                  construction thereof. |
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| (c) | Whenever                  the singular or masculine or neuter is used in this Agreement or                  the                  Schedules, the same shall be construed as meaning plural or feminine                  or                  body politic or corporate and vice versa as the context                  requires. |
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| (d) | In                  the event of any conflict or inconsistency between the provisions                  of this                  Agreement and those of any Schedule, the provisions of this Agreement                  shall prevail. If any term or condition of this Agreement conflicts                  with a                  term or condition of any Title Document, then such term or condition                  of                  such Title Document shall prevail and this Agreement shall be deemed                  to be                  amended accordingly with respect to such Title                  Document. |
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| 2. | SCHEDULES |
|----|-----------|

| (a) | Schedule                  “A” which sets forth and describes the Joint Lands and the Title                  Document; |
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| (b) |  Schedule                  “B” which is the Operating Procedure together with the Accounting                  Procedure annexed thereto as Exhibit “A”;                  and |
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| (c) | Schedule                  “C” which is the Assignment                  Procedure. |
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| 3. |  TITLE |
|----|-------------|

| 4. | PARTICIPATING                  INTERESTS |
|----|------------------------------------------|

| MIKWEC | 80% |
|--------|-----|
| MAXEN  | 20% |

| 5. | APPOINTMENT                  OF OPERATOR |
|----|------------------------------------------|

| 6. | OPERATING                  PROCEDURE |
|----|--------------------------------------|

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| 7. | INFORMATION                TO JOINT-OPERATOR |
|----|----------------------------------------------|

| (a) | final                summary of survey log formation                tops; |
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| (b) | detailed                drillstem test data, if applicable; |
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| (c) | lithologic                core and sample report, if applicable;                and |
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| (d) | core,                water, gas or oil analyses, if                applicable. |
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| 8. | ENCUMBRANCES                ON INTEREST |
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| 9. | NEW                ROYALTY APPLICATIONS |
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| 10. | INCENTIVE                ASSISTANCE PROGRAM |
|-----|---------------------------------------------|

| 11. | CONFIDENTIAL                INFORMATION |
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| 12. | TERM                OF AGREEMENT |
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| 13. | ENTIRE                AGREEMENT |
|-----|---------------------------------|

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| 14. | COVENANTS                RUN WITH THE LAND |
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| 15. | ENUREMENT |
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| 16. | LAWS                OF ALBERTA |
|-----|--------------------------------|

| 17. | COUNTERPART                EXECUTION |
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|         |                                        |                             |
|--------------|---------------------------------------------|----------------------------------|
|         | MIKWEC                ENERGY CANADA LIMITED |
|    |                                   |                        |
|         | By:                               | /s/ Vic              Davies |
|         |                                             |
|         | President                                   |

|         |                                |                          |
|--------------|-------------------------------------|-------------------------------|
|         | MAXEN                PETROLEUM INC. |
|    |                           |                          |
|         | By:                       | /s/              Sam Charanek |
|         |                                     |
|         | President                           |

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| CLAUSE                  311 - Insurance Election:                   | A___                 | B                  x   |
|---------------------------------------------------------------------|----------------------|------------------------|
|                                                                |                 |                   |
| CLAUSE                  604 -  Marketing                  Fee: | Ax                   | B                  ___ |
|                                                                |                 |                   |
| CLAUSE                  903 - Casing Point Election:                | A                  x | B                  ___ |

| CLAUSE                903 - Casing Point Election: | 180                days |
|----------------------------------------------------|-------------------------|

| CLAUSE                2401 - Disposition of Interests:    | Ax                 | B                ___ |
|----------------------------------------------------------------|--------------------|----------------------|
|                                                           |               |                 |
| CLAUSE                2404 - Recognition upon Assignment  | A                x | B                ___ |

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*The      Operator shall maintain detailed asset records of Controllable Material and      other tangible assets as it may deem necessary to prevent the potential loss      or      under utilization of assets.*

| CLAUSE                  202 - Labour                                    |
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| b)                                                                      | (1)                  shall not be be chargeable. |
|                                                                    | (2)                  shall not be chargeable. |
|                                                                    |   |   |
| CLAUSE                  203 - Employee Benefits: (b) Non-compulsory 25% |
|                                                                    |   |   |
| CLAUSE                  217 - Warehouse Handling:                       |
|                                                                    | (1)                2.5%, $5,000 |
|                                                                    | (2)                5% |
|                                                                    |   |   |
| CLAUSE                  302                                             |   |
| a)                  For each Exploration Project                        |
|                                                                    | 1. | 5%                  of the first $ 50,000.00 |
|                                                                    | 2. | 3%                  of the next $ 100,000.00 |
|                                                                    | 3. | 1%                  of the cost exceeding the sum of (1) and (2). |
|                                                                    |   |   |
| b)                  For each Drilling Well                              |
|                                                                    | 1. | 5%                  of the first $ 50,000.00 |
|                                                                    | 2. | 3%                  of the next $ 100,000.00 |
|                                                                    | 3. | 1%                  of the cost exceeding the sum of (1) and (2). |
|                                                                    |   |   |
| c)                  For each Construction Project:                      |
|                                                                    | 1. | 5%                  of the first $ 50,000.00 |
|                                                                    | 2. | 3%                  of the next $ 100,000.00 |
|                                                                    | 3. | 1%                  of the cost exceeding the sum of (1) and (2). |
|                                                                    |   |   |
| d)                  For Operating and Maintenance, per month:           |
|                                                                    | 1. | n/a                  of the Cost of Operation and Maintenance of the Joint Property;                  and |
|                                                                    | 2. | $250                  per producing well per month. |
|                                                                    | 3. | n/a                  flat rate... |

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| 1.01  |  In              this Assignment Procedure, the following terms, when capitalized, -              shall              have the meaning assigned to each              below: |
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| a) | “Affiliate”                  - for the purposes of this Assignment Procedure, means a corporation                  or                  partnership that is affiliated with the party in respect of which                  the                  expression is being applied, and, for the purpose of this definition                  a                  corporation or partnership is affiliated with another corporation                  or                  partnership if it directly or indirectly controls or is controlled                  by that                  other corporation or partnership, and for the purpose of determining                  whether a corporation or partnership is so controlled, it shall                  be deemed                  that: |
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|   | (i)  | a              corporation is directly controlled by another corporation or partnership              if the shares of the corporation to which                  are attached more than 50% of the votes that may be cast to elect                  directors of the corporation are beneficially owned by that other                  corporation or partnership and the votes attached to those shares                  are                  sufficient, it exercised, to elect a majority of the directors                  of the                  corporation; |
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|   | (ii) | a              partnership is directly controlled by a corporation or other partnership              if that corporation or partnership beneficially owns more than a 50%              interest in the partnership; |
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|   | (iii) | a              corporation or partnership is indirectly controlled by another corporation              or partnership if control, as defined above, is exercised through one              or              more other corporations or partnerships. |
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| Where                  two or more corporations or partnerships are affiliated at the                  same time                  with the same corporation or partnership, they shall be deemed                  to be                  Affiliates of each other. |
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| (b)    | “Agreement”                  - means the agreement to which this Assignment Procedure is attached                  and                  made a part.                                                                                                                            |
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|   |                                                                                                                                                                                                                                                                                        |
| (c)    | “Assigned                  Interest” - means the interest in the Agreement which is the subject of an                  assignment and which is specified in a Notice of Assignment, but                  shall not                  include rights of the Assignor as operator. |
|   |                                                                                                                                                                                                                                                                                        |
| (d)    | “Assignee”                  - means the entity named in a Notice of Assignment as the                  Assignee.                                                                                                                                                                |

| (e) | “Assignment                  and Novation Agreement” - means an agreement by all parties to the                  Agreement and a party to whom an interest in the Agreement has                  been                  assigned where: |
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|  | (i) | the                  assignee assumes the duties and obligations of the assignor for                  the                  Assigned Interest; and |
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|  | (ii) | the                  assignor is released from its duties for the Assigned Interest;                  and |
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|  | (iii) | the                  assignee is substituted as a party to the Agreement in the place                  of the                  assignor to the extent of the Assigned                  Interest. |
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| (f)    | “Assignor”                  - means the party to the Agreement named in a Notice of Assignment                  as the                  Assignor.                                                                                          |
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|   |                                                                                                                                                                                                                                                   |
| (g)    | “Binding                  Date” - means the first day of the second calendar month following the                  month in which the Notice of Assignment is served in accordance                  with                  Article IV below. |
|   |                                                                                                                                                                                                                                                   |
| (h)    | “Notice                  of Assignment” - means a notice in the form entitled Notice of Assignment                  attached hereto as Appendix A.                                                                                         |
|   |                                                                                                                                                                                                                                                   |
| (i)    | “Third                  Party” - means the parties to the Agreement who are not the                  Assignor.                                                                                                                             |
|   |                                                                                                                                                                                                                                                   |
| (j)    | “Transfer                  Date” - means the effective date of the transfer of the Assigned Interest,                  as specified in the Notice of Assignment.                                                                           |
|   |                                                                                                                                                                                                                                                   |
| 1.02   | In                  this Assignment Procedure, when a numbered clause or Article is                  referred                  to, that clause or Article is                  of this Assignment Procedure.                                            |
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| (i)   | requires                parties to use; or |
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| (ii)   | entitles                parties to request; or |
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| (iii)   | is                silent as to the right of any party to                request; |
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| (b)                       | The                  Notice of Assignment shall be in the form indicated in Appendix                  A and                  shall be executed by the Assignor and the Assignee.                                                                                                                                                                                                                                                                                                     |
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|                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 2.02                      | If                  there is a conflict between the Assignment Procedure and the provisions                  of                  the Agreement, the Assignment                  Procedure shall prevail.                                                                                                                                                                                                                                                                             |
|                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 2.03                      | If                  the Agreement requires each Third Party’s consent to an assignment but                  does not specify a time within which each Third Party shall respond                  or                  shall be deemed to have responded, then consent of each Third Party                  to an                  assignment shall be deemed if it fails to reply within 20 days                  of receipt                  of a written request for consent. |
|                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 2.04                  (a) | If                  the Agreement is silent regarding rights of first refusal or consent                  from                  Third Party which relates to an Assigned Interest, then Assignor                  shall, by                  notice pursuant to Article                  IV:                                                                                                                                                                                         |

| (i)  | advise                  Third Party of: |
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|   | a. | its              intention to make the disposition; |
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|   | b. | a                description of the Assigned Interest;                and |
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|   | c.  | the identity of the proposed Assignee,                and |
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| (ii)  |  request              Third Party’s written consent to such disposition, which consent shall not              be unreasonably withheld.  |
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| (i)  | an                assignment                made by way of security for present or future indebtedness, or liabilities                (whether contingent, direct or indirect and whether financial or                otherwise), the issuance of the bonds or debentures of a corporation.                of                the performance of the obligations of a guarantor under a guarantee,                provided that in the event the security is enforced by a sale or                foreclosure. Clause 2.04 (a) shall apply;                or |
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| (ii)  | an                assignment                to an Affiliate, or in consequence of a merger or amalgamation with                another corporation or pursuant to an assignment made by a party                of its                entire interest in the Agreement to a                corporation in return for shares in that corporation or to a registered                partnership in return for an interest in that partnership;                or |
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| (iii)  | an              assignment is required within the terms of the Agreement (such as,              but not              limited to, abandonment, forfeiture or              surrender). |
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| 2.05 |                  An assignment of an Assigned Interest shall (subject to Clause 2.06)                be                effective against Third Party on the Binding Date                if: |
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| (a)    | all                prohibitions, limitations or conditions (such as, but not limited                to, a                right of first refusal or a requirement for prior consent from Third                Party) applying to the Assigned Interest have been complied with                and                satisfied pursuant to the Agreement, or waived by Third Party, including,                if applicable, compliance with Clauses 2.03 and 2.04;                and |
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (b)    |  following              compliance with Clause 2.05(a), a Notice of Assignment is served on              Third              Party in accordance with Article IV.                                                                                                                                                                                                                                                                                                             |

| 2.06                (a) | A Third Party              who              objects to the Notice of Assignment on the basis of a failure to comply              with Clause 2.05 may, prior to the Binding Date, notify (pursuant to              Article IV) Assignor and Third Party of its              objections. |
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| (b)    | If                a notice of objection is served pursuant to Clause 2.06(a), the Notice                of                Assignment to which the notice of objection relates will be of no                effect.                                                                                                                                                                                                                                                                                                                                                                         |
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| (c)    | If a Third              Party does              not object pursuant to Clause 2.06(a), the Notice of Assignment will              be              effective for purposes of Article 11\, but each Third Party will retain              all other rights or remedies arising as a consequence of the failure              of              Assignor to comply with Clause 2.05*,*including              (without limitation), rights to seek damages for breach              of the Agreement and rights to seek specific performance of a right              of              first refusal. |

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| 3.01   | If                  a Notice of Assignment has become effective in accordance with                  Clauses                  2.05 or 2.06, then Assignor, Assignee and Third Party shall have                  agreed                  that:                                                                                                                                                                                                                                                                                                                                                                                   |
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| (a)    | Subject                  to Clause 3.01 (d), Assignor and Assignee shall have acknowledged                  and                  represented that the Assignor has transferred, assigned and conveyed                  the                  Assigned Interest to Assignee as of the transfer Date.                                                                                                                                                                                                                                                                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| (b)    | Subject                  to Clause 3.01(d), Assignee shall replace Assignor as a party to                  the                  Agreement with respect to the Assigned Interest on and after the                  Transfer                  Date.                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| (c)    | Only                  insofar as Third Party is concerned, notwithstanding the terms                  and                  provisions in the “Transfer Agreement” referenced in the Notice of                  Assignment:                                                                                                                                                                                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | (i)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | Subject                  to Clause 3.01 (d), Assignee shall assume and be bound by, observe                  and                  perform all terms, obligations and provisions in the Agreement                  with regard                  to the Assigned Interest at all times on or after the Transfer                  Date;                  and |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | (ii)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | Assignor                  shall retain and be entitled to all rights, benefits and privileges                  under                  the Agreement with respect to the Assigned Interest at all times                  prior to                  the Transfer Date; and |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | (iii)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | Subject                  to Clause 3.01 (d), Assignee shall assume and be entitled to all                  rights,                  benefits and privileges under the Agreement with respect to the                  Assigned                  Interest at all times on and after the Transfer                  Date. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| (d)    | In                  all matters relating to the Assigned Interest subsequent to the                  Transfer                  Date and prior to the Binding Date, Assignor acts as trustee for                  and duly                  authorized agent of Assignee, and Assignee, for the benefit of                  Third                  Party, ratifies, adopts and confirms all acts or omissions of the                  Assignor                  in such capacity as trustee and agent. Third Party agrees to recognize                  and                  accept Assignor as trustee and agent for Assignee. |
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| (e)    | On                  and after the Transfer Date, Third Party:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | (i)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | releases                  and discharges Assignor from the observance and performance of                  all terms                  and covenants of the Agreement and all obligations and liabilities                  which                  arise or occur on or after the Transfer Date under the Agreement                  with                  respect to the Assigned Interest; and |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | (ii)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | does                  not release and discharge Assignor from any obligation or liability                  which                  had arisen or accrued prior to the Transfer Date or which does                  not relate                  to the Assigned Interest. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| (f)    | Subject                  to the terms and provisions of the “Transfer Agreement” referenced in the                  Notice of Assignment, Assignee on and after the Transfer                  Date:                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | (i)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | releases                  and discharges Assignor from the observance and performance of                  all terms                  and covenants of the Agreement and all obligations and liabilities                  which                  arise or occur on or after the Transfer Date under the Agreement                  with                  respect to the Assigned Interest; and |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | (ii)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | does                  not release and discharge Assignor from any obligation or liability                  which                  had arisen or accrued prior to the Transfer Date or which does                  not relate                  to the Assigned Interest. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| (g)    | The                  address of Assignee for the purposes of the Agreement and the serving                  of                  notices under it shall be the address stated for Assignee in the                  Notice of                  Assignment.                                                                                                                                                                                                                                                                                                                                                                       |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| (h)    | The                  Agreement shall continue in full force and effect from and after                  the                  Transfer Date with Assignee made a party thereto to the extent                  of the                  Assigned Interest, subject to Clause 3.01(d). The Agreement is                  amended as                  necessary to give effect to the Notice of Assignment and, as so                  amended,                  is ratified and confirmed by each party.                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| 3.02   | In                  no event shall errors, inaccuracies or misdescriptions in a Notice                  of                  Assignment have any effect on the Third Party or the interests                  of Third                  Party in the Agreement, even if Third Party has knowledge of an                  error,                  inaccuracy or misdescription.                                                                                                                                                                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| 3.03   | Assignor                  and Assignee shall be solely responsible for any adjustment between                  themselves with respect to the Assigned Interest as to revenues,                  benefits,                  costs, obligations or indemnities which accrue prior to Binding                  Date.                                                                                                                                                                                                                                                                                                             |

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| 4.01   | All                  notices and Notices of Assignment (herein called “notices”) required or                  permitted by the terms of this Assignment Procedure shall be in                  writing,                  subject to the provisions of this Article. This Article applies                  only to                  notices served pursuant to this Assignment Procedure. Any notice                  to be                  given under this Assignment Procedure shall be deemed to be served                  properly if served in any of the following modes:                                                                                                                                                                                                                                                                                                   |
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
| (a)    | personally,                  by delivering the notice to the party on whom it is to be served                  at that                  party’s address for service. Personally served notices shall be deemed                  received by the addressee when actually delivered as aforesaid,                  if such                  delivery is during normal business hours, on any day other than                  a                  Saturday, Sunday or statutory holiday. If a notice is not delivered                  during                  normal business hours, such notice shall be deemed to have been                  received                  by such party at the commencement of the day next following the                  date of                  delivery, other than a Saturday, Sunday or statutory holiday;                  or                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
| (b)    | by                  telecopier or telex (or by any other like method by which a written                  and                  recorded message may be sent) directed to the party on whom it                  is to be                  served at that party’s address for service (however, an original executed                  copy of a Notice of Assignment shall subsequently be provided to                  all                  addressees without delay). A notice so served shall be deemed received                  by                  the respective addressees:                                                                                                                                                                                                                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
|   | (i)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | when                  actually received by them, if received within the normal business                  hours on                  any day other than a Saturday, Sunday or statutory holiday;                  or |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
|   | (ii)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | at                  the commencement of the next ensuing business day following transmission                  thereof if such notice is not received during such normal business                  hours;                  or |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
| (c)    | by                  mailing it first class (air mail if to or from a location outside                  of                  Canada) registered post, postage prepaid, directed to the party                  on whom it                  is to be served at that party’s address for service. Notices so served                  shall be deemed to be received by the addressees at noon, local                  time, on                  the earlier of the actual date of receipt or the fourth (4th) day                  (excluding Saturdays, Sundays and statutory holidays) following                  mailing.                  However, if postal service is interrupted or operating with unusual                  or                  imminent delay, notice shall not be served by such means during                  such                  interruption or period of delay. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
| 4.02   | The                  addresses for service of a notice pursuant to this Assignment Procedure                  shall be as set out (and amended from time to time) in the                  Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

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| 1.  | Assignor                (specify proportions if more than one                Assignor): |
|----------|-----------------------------------------------------------------------------------------|

| 2 | Assignee                (specify proportions if more than one Assignee and include address                for                service of notice pursuant to Master                Agreement): |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 3. | Current                Third Party to Master                Agreement: |
|----|------------------------------------------------------------------------|

| 4. | Assigned                Interest: (Check A or B below): |
|----|---------------------------------------------------------|

| 5. | Subject                to Clause 7 of this Notice of Assignment, Assignor and Assignee,                in                accordance with the terms of the Transfer Agreement, acknowledge                that: |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        | (i)         | Assignor has              transferred and conveyed the Assigned Interest to the Assignee as of              the              Transfer Date; and                                                                                    |
|--------|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |        |                                                                                                                                                                                                                               |
|   | (ii)        | Assignee agrees              to              replace Assignor, on and after the Transfer Date, as a party to the              Master              Agreement with respect to the Assigned Interest; and                             |
|   |        |                                                                                                                                                                                                                               |
|   | (iii)  | Assignee agrees              to be              bound by and observe all terms, obligations and provisions in the Master              Agreement with respect to the Assigned Interest on and after the Transfer              Date. |

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| 6. | Subject                to the terms and provisions of the Transfer Agreement, Assignee on                and                after the Transfer |
|----|------------------------------------------------------------------------------------------------------------------------------------------------|

|        | (i)    | discharges              and releases              the Assignor from the observance and performance of all terms and              covenants in the Master Agreement and any obligations and liabilities              which arise or occur under the Master Agreement with respect to the              Assigned Interest, and |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                        |
|   | (ii)   | does not release              and              discharge the Assignor from any obligation or liability which had arisen              or accrued prior to the Transfer Date or which does not relate to the              Assigned Interest.                                                                                  |

| 7. | Assignee                and Assignor agree that in all matters relating to the Master Agreement                with respect to the Assigned Interest, subsequent to the Transfer                Date and                prior to the Binding Date, Assignor acts as trustee for and duly                authorized agent of the Assignee and Assignee, for the benefit of                the                Third Party, ratifies, adopts and confirms all acts or omissions                of the                Assignor in such capacity as trustee and                agent. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. | This                Notice of Assignment shall become binding on all parties to the Master                Agreement on the first day of the second calendar month following                the                month this notice is served on Third Party in accordance with the                terms of                the Master Agreement (“Binding Date-). In addition, Assignor and Assignee                agree that they shall be solely responsible for any adjustment between                themselves with respect to the Assigned Interest as to revenues,                benefits,                costs, obligations or indemnities which accrue prior to the Binding                Date. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. | Assignor                represents and certifies that this Notice of Assignment and its service                are in compliance with all the terms and provisions of the Master                Agreement. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Assignor |   | Assignee |
|----------|--------|----------|
|     |   |     |   |   |
| Per:     |   |     | Per: |   |
|     |   |     |   |   |
| Per:     |   |     | Per: |   |
|     |   |     |   |   |
|     |   |     |   |   |
| Date:    |   |     | Date: |   |
|     |   |     |   |   |
|     |   |     |   |   |

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