form8k040212ex10-1.htm










SERVICE AGREEMENT








	
THIS AGREEMENT

	
Dated for reference the 2nd day of April, 2012


	  	  
	
BETWEEN:

	
Michal Gnitecki


	  	
(the “Service Provider”)


	  	  
	
AND:

	
Buckeye Oil & Gas, Inc.


	  	
8275 S. Eastern Ave., Suite 200


	  	
Las Vegas, NV, 89123


	  	
(the “Company”)












WHEREAS:








	
A.  

	
The Company is a Florida corporation in the business of oil and gas exploration; and








	
B.  

	
The Company desires to acquire and develop oil and gas properties; and








	
C.  

	
The Company desires to retain the services of the Service Provider in the capacity pursuant to the terms hereof;  and








	
D.  

	
The Service Provider is an individual possessing qualifications in the oil and gas industry; and








	
E.  

	
The Service Provider is willing to serve as a Director of the Company












THIS AGREEMENT WITNESSES THAT in consideration of the premises and mutual covenants herein contained, and for other good and valuable consideration, the receipt and sufficiency of which is acknowledged by each party, the parties agree as follows







1.  ENGAGEMENT:  The Company herby engages the Service Provider to provide the services referred to in Section 3 hereof for the consideration hereinafter set forth and the Service Provider hereby accepts such engagement by the Company, all and subject to the terms and conditions of this Agreement.







2.  TERM:  The Service Provider’s engagement shall commence April 2, 2012 and continue for as long as the Service Provider is a director of the Company.  Nothing herein shall prevent the Service Provider from offering or performing services to other businesses.







3.  DUTIES:  The Service Provider will utilize her expertise to serve on the Board of Directors of the Company.







4.  COMPENSATION:  In consideration for the services of the Service Provider to be provided to the Company under this agreement, the Company will pay to the Service Provider and/or her agent, an amount of CDN $500 per month.  Payment will be made to the Service Provider in advance on a quarterly basis.







5.  CONFIDENTIALITY AND NON-DISCLOSURE:  The Service Provider agrees on behalf of herself that any information provided to her by the Company of a confidential nature will not be revealed or disclosed to any person or entity, except in the performance of this Agreement or as directed by legal or regulatory authority.







6.  ENTIRE AGREEMENT:  This Agreement, hereto constitutes the entire agreement between the parties hereto and there are no representations or warranties, express or implied, statutory or otherwise other then set forth in this Agreement  and there are no agreement collateral hereto other than as are expressly set forth or referred to herein.  This Agreement cannot be amended or supplemented except by a written agreement executed by both parties hereto.







7.  COUNTERPARTS:  This Agreement may be executed in counterparts together shall constitute one and the same instrument.







IN WITNESS WHEREOF the Parties have duly executed this Agreement as of the date set out above of this Agreement.








	  	
Buckeye Oil & Gas, Inc.


	
Per Michal Gnitecki

	
Per Pol Brisset, President


	
Authorized Signatory

	
Authorized Signatory