Document:

Exhibit 10.1

 

Exhibit 10.1

 

EXECUTIVE SERVICES AGREEMENT

 

THIS AGREEMENT is made as of February 28, 2007, (the “Effective
Date”).

 

	BETWEEN:	 	 
	 	EARDLEY VENTURES	 
	 	a company operating pursuant to the laws	 
	 	of the State of Nevada with a mailing address of	 
	 	250 H Street, #459 Blaine, WA 98230	 
	 	(the “Company”)	 
	 	 	OF THE FIRST PART
	AND:	 	 
	 	Geoffrey J. Armstrong	 
	 	Kouzelne Mesto Ltd.	 
	 	a company operating pursuant to the laws	 
	 	of the Czech Republic with a mailing address of	 
	 	Sokolovska 27/93, Prague 8, Czech Republic 186 00	 
	 	(the “Executive”)	 
	 	 	OF
    THE SECOND PART

 

This Executive Services
Agreement (the “Agreement”) is made and entered into effective as of February 14, 2007 (the “Effective Date”),
between Eardley Ventures (the “Company”) and Geoffrey Armstrong through his Company
Kouzelne Mesto Ltd., (the “Executive”).

 

WHEREAS:

 

A. The Company
is engaged in the business of mining exploration and development

 

B. The Company desires to retain the Executive
to act as President, Chief Executive Officer, Director and Secretary to provide his services to the Company as an Executive on
the terms and subject to the conditions of this Agreement.

 

C. The Executive has agreed to act as President,
Chief Executive Officer, Director and Secretary to the Company and to provide his services to the Company on the terms and subject
to the conditions of this Agreement.

 

THIS AGREEMENT WITNESSES THAT in consideration
of the premises and mutual covenants contained in this Agreement and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties, intending to be legally bound hereby, agree as follows:

 

1. DEFINITIONS

 

The following terms used in this Agreement
shall have the meaning specified below unless the context clearly indicates the contrary:

 

(a) “Board” shall mean the
Board of Directors of the Company.

 

(b) “Cause” shall mean the
Executive’s (i) commission of an act of fraud, theft or embezzlement or other similar willful misconduct; (ii) conviction
of (or pleas of nolo contendere with respect to) a felony or other crime involving moral turpitude; (iii) a serious neglect of
his material duties or failure to perform his material obligations under this Agreement, or (iv) refusal to follow lawful directives
of the Board, provided however, that the Company shall give the Executive written notice specifying any actions alleged to constitute
Cause under clauses (iii) or (iv), and the Executive shall have 30 days from the date of receipt of the Company’s written
notice in which to cure any such alleged Cause.

 

    	 

    	 

    

 

(c) “Service Term” shall
mean the period beginning on the Effective Date and ending on the close of business on the effective date of the Executive’s
termination of service with the Company.

 

(d) “Expiration Date” shall
have the meaning ascribed to such term in Section 2.

 

(e) “Termination of Service”
shall mean the first to occur of the following events:

 

(i) the date of death of the Executive;

 

(ii) the effective date specified in the Company’s
written notice to the Executive of the Company’s termination of his service without Cause;

 

(iii) the effective date specified in the Company’s
written notice to the Executive of the Company’s termination of his service for Cause; and

 

(iv) the occurrence of the Expiration Date.

 

2. SERVICE TERM

 

The Service Term shall become effective and
begin as of the Effective Date, and shall continue until the close of business on the 3rd anniversary of the Effective Date (the
“Expiration Date”), unless the Executive’s services are extended or this Agreement is superseded by a replacement
agreement or terminated earlier pursuant to a Termination of Service. The Executive will serve the Company subject to the general
supervision, advice and direction of the Board and upon the terms and conditions set forth in this Agreement.

 

3. COMMENCEMENT OF SERVICE

 

The Company hereby engages the Executive as
President and Director and the Executive hereby agrees to such service on the terms and conditions described in this Agreement.
The Executive is being engaged directly by the Company as an Executive who will be compensated for the services rendered as herein
provided. The Executive service with the Company will commence on February 28, 2007 (the effective date of this contract).

 

4. DESCRIPTION OF DUTIES and JOB TITLE

 

During the term of this Agreement the Executive
agrees to devote his best efforts to perform all duties as shall be determined by and at the reasonable discretion of the Company’s
Board of Directors, and is charged with the responsibilities, duties and functions necessary to assist the Company to meet all
of its obligations.

 

The Executive job title is President, Chief
Executive Officer, Director and Secretary. The Executive will report to the Board and his main duties will be:

 

(a) To manage the domestic and international
operations of the company;

 

(b) To act as Chairman of the Board of Directors;

 

(c) To supervise the administration of the
Company’s mining projects worldwide;

 

(d) To supervise the administration of the
Company’s operations:

 

(e) Assist the Company to raise capital for
general and project purposes;

 

(f) To assist the Company in evaluation of
potential expansion into other mining areas.

 

(g) Assess joint venture proposals and work
with legal professionals;

 

(h) Advise the board of directors as to the
suitability of properties for possible acquisition;

 

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(i) Work with geologists, engineers, prospectors
and other professionals on present and future Company projects;

 

(j) Work with various marketing personnel and
assist management to develop brochures, literature, news releases, website(s) and other promotional or informational materials
and write such materials as required;

 

(k) Work with, and assist the Company to develop
contacts and relationships, in the brokerage community;

 

(l) Assist the Company to develop and maintain
proper budgets and budgeting controls;

 

(m) To manage the Company’s day-to-day
operations.

 

5. OTHER INTERESTS

 

Apart from the above, the Executive will devote
his time, attention and abilities to his duties, and to act in the best interests of the Company at all times. The Executive must
not, without the Company’s written consent, be in any way directly or indirectly engaged or concerned in any other business
where this is or is likely to be in conflict with the Company’s interests or where this may adversely affect the efficient
discharge of his duties. However, this does not preclude the Executive holding securities in any other company.

 

6. TRAVEL AND WORKING OVERSEAS

 

The executive may be required to travel locally
or internationally from time to time. This may involve traveling outside normal business hours and at weekends or public holidays
should the need arise.

 

In addition to the compensation provided for
under this Section, upon submission of proper vouchers in accordance with the Company’s expense reimbursement policies and
procedures as may exist from time to time, the Company will reimburse the Executive for all normal and reasonable travel and other
expenses incurred by the Executive during the Service Term in performance of the Executive’s responsibilities to the Company.

 

At the request of the Executive, the Company
may make an advance of travel or expense funds to the Executive against an approved budget.

 

Due to the Executive’s travel requirements
on behalf of the Company, and subject to the Company’s prior written consent based on its ability to afford the protection
herein described, the Company agrees to provide additional Travel Protection as follows:

 

(a) Medical Emergency Evacuation

 

In the event of a Medical Emergency as determined
by the Executive, the Company will provide the necessary funds and other resources for immediate evacuation to a destination specified
by the Executive;

 

(b) Security Emergency Evacuation

 

In the event of Security Emergency as determined
by the Executive, including, but not limited to civil unrest, terrorist attack, acts of violence or threats to the Executive or
foreign legal issues, the Company will provide the necessary funds and other resources for immediate evacuation to a destination
specified by the Executive;

 

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(c) Family Emergency Evacuation

 

In the event of an emergency, as determined
by the Executive, affecting the Executive’s immediate family including the spouse or child of the Executive, parent or sibling,
the Company will provide the necessary funds and other resources for immediate evacuation to a destination specified by the Executive;

 

(d) Personal Damage or Financial Emergency
Evacuation

 

In the event of an emergency causing or likely
to cause financial damage in excess of $10,000 to the Executive and as determined by the Executive, the Company will provide the
necessary funds and other resources for immediate evacuation to a destination specified by the Executive;

 

(e) Additional Medical Coverage

 

The Company Agrees to supplement the Executive’s
Health Insurance coverage in order to provide extended health protection and benefits for the duration of the Executive’s
absence from the Executive’s country of residence.

 

7. REMUNERATION

 

The Executive’s basic remuneration is
US$2,000 per month. The Executive shall have the option, at the Company’s discretion of converting all or part of his remuneration
into shares of the Company’s stock at a share price to be agreed upon by both parties. Should the Executive and the Company
not find a mutually agreed upon share price, the remuneration shall be paid in cash.

 

8. REVIEW OF REMUNERATION

 

After one year from the effective date of this
agreement, a review will be made of the basic fee and may be subject to an increase at the discretion of the Company.

 

9. EXPENSES

 

The Executive
shall be authorized to incur reasonable expenses in the performance of his responsibilities pursuant to this Agreement, including
expenses for business entertainment, business travel and similar items and other expenses as approved by the Company in advance,
or subject to a limit of $200.00 or other restrictions established from time to time by the Company. The Company shall reimburse
the Executive for all authorized expenses within a reasonable time after presentation by the
Executive from time to time of an itemized account of such expenditures.

 

10. BENEFIT PLANS

 

During the Service Term, the Executive shall
be entitled to participate in any benefit plans that may exist or be instituted, including but not limited to health plans and
other Executive welfare benefit plans, with respect to which the Executive’s position and tenure make him eligible to participate.
Nothing in this Section shall be construed to require the Company to maintain any particular benefit plans for its employees, Executives
or consultants.

 

11. INDEMNIFICATION

 

a. The Company agrees that if the Executive
is made a party, or is threatened to be made a party, to any action, suit or proceeding, whether civil, criminal, administrative
or investigative (a “Proceeding”), by reason of the fact that he is or was a director, officer or employee of the Company
or is or was serving at the request of the Company as a director, officer, member, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise, including service with respect to employee benefit plans, whether or not the basis of
such Proceeding is the Executive’s alleged action in an official capacity while serving as a director, officer, member, employee
or agent, the Executive shall be indemnified and held harmless by the Company to the fullest extent legally permitted or authorized
by the Company’s Articles of Incorporation or Bylaws or

 

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b. Resolutions of the Company’s Board
of Directors or, if greater, by the laws of the State of Nevada, against all cost, expense, liability and loss (including, without
limitation, attorneys’ fees, judgments, fines, taxes or other liabilities or penalties and amounts paid or to be paid in
settlement) reasonably incurred or suffered by the Executive in connection therewith, and such indemnification shall continue as
to the Executive even if he has ceased to be a director, member, employee or agent of the Company or other entity, with respect
to acts or omissions which occurred prior to his cessation of employment with the Company, and shall inure to the benefit of the
Executive’s heirs, executors and administrators. The Company shall advance to the Executive all reasonable costs and expenses
incurred by him in connection with a Proceeding within 20 calendar days after receipt by the Company of a written request for such
advance. Such request shall include an undertaking by the Executive to repay the amount of such advance if it shall ultimately
be determined that he is not entitled to be indemnified against such costs and expenses.

 

c. Neither the failure of the Company (including
its board of directors, independent legal counsel or stockholders) to have made a determination prior to the commencement of any
proceeding concerning payment of amounts claimed by the Executive that indemnification of the Executive is proper because he has
met the applicable standard of conduct, nor a determination by the Company (including its board of directors, independent legal
counsel or stockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the
Executive has not met the applicable standard of conduct.

 

12. TERMINATION

 

In the event that the Executive’s employment
is terminated by the Company for reasons other than Cause, or in the event that Executive resigns his employment for Good Reason,
or in the event that the Executive terminates this Agreement one hundred and twenty (120) days following a Change of Control, the
Executive will be provided a severance package which shall consist of a continuation for a period which is the greater of the unexpired
period of this or any extension of this Agreement or six (6) months following the date of Termination of: (A) Remuneration under
Section 7, and (B) Executive benefits as provided under Section 9. The Executive and the Company agree and stipulate that the foregoing
severance benefit is intended to fully compensate the Executive for the consequences suffered by him in the event of a termination
of his employment hereunder by the Company for reasons other than Cause or by the Executive with Good Reason, which consequences
are uncertain and difficult to prospectively determine. Such severance is not a penalty, and shall not be subject to reduction
in the event that the Executive obtains other employment during any period over which such severance is payable within the initial
six months of this period, if applicable.

 

In the event that the Company terminates the
Executive’s employment for Cause or the Executive resigns without Good Reason, the Executive will not be entitled to a severance
package. No payments or benefits hereunder (other than payment of earned but unpaid base salary) shall be owing or payable by the
Company.

 

In the event the Executive is terminated for
Cause or because of Disability, the Executive will promptly resign from any officer and/or director positions the Executive may
hold at the Company or any of its subsidiaries.

 

In the event of the Executive’s death
or Disability while performing his duties for the Company, the Company may terminate this Agreement and its obligation hereunder
shall be to continue to pay the Executive Fees (to his personal representative) for a period of one (1) year following the date
of death or termination and the Executive’s right to all of the Executive’s options, if any shall vest immediately
and all of the Executive’s options, if any, shall become immediately exercisable.

 

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In the event of the Executive’s death
or Disability while not performing his duties for the Company, the Company may terminate the Executive’s employment and its
sole obligation hereunder shall be to continue to pay the Executive salary (to his personal representative) for a period of six
(6) months following the date of death or termination.

 

The above is subject to the Company’s
right to terminate the Executive’s services at any time without notice:

 

(a) for any proven act of serious misconduct
or of serious incompetence; or

 

(b) for repeated or other material breach by
the Executive of his obligations to the Company; or

 

(c) if the Executive is guilty of any conduct
which seriously prejudices or is likely seriously to prejudice the Company; or

 

(d) if the Executive is convicted of any criminal
offence.

 

The Executive is required to give the Company
not less than 30 days notice in writing to terminate his service.

 

On termination of the Executive’s service
the Executive must immediately return to the Company, in accordance with any instructions, which may be given to the Executive,
all items of property belonging to the Company in his possession or under his control. The Executive must, if so required by the
Company, confirm in writing that the Executive has complied with his obligations under this provision.

 

13. AGREEMENT TO MAKE DEDUCTION/WITHHOLD
PAYMENT

 

At any time during the Executive’s service,
or on its termination (however arising), the Company shall be entitled to deduct from the fee or any other payments due to the
Executive in respect of the Executive’s service any monies due from the Executive to the Company.

 

14. SECURITY

 

Confidentiality: Except in the proper
performance of the Executive’s duties, the Executive will not either during the Executive’s service or at any time
afterwards in any fashion, form or manner, either directly or indirectly, divulge, disclose, or communicate to any person, firm,
or Company, or other entity, or utilize for his own benefit, in any manner whatsoever, any trade secrets or any information of
any kind, nature of description concerning any matters affecting or relating to the business of the Company including, but not
limited to, the names of any of the Company’s agents or any other information concerning the business of the Company or its
manner of operation without regard to whether any or all of the foregoing matters would be deemed confidential, material, or important,
except with the express written consent of the Company. The Executive will use his best endeavors to prevent the disclosure of,
any information of a confidential nature concerning the business of the Company or of any customer, supplier or other person having
dealings with the Company and which comes to his knowledge during the course of his service. Provided however, the foregoing shall
not apply in the event the Executive is required, by court order or is otherwise required by law or by a governmental agency, to
disclose information concerning business.

 

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Property of Company: All tangible, confidential
information and other documentation, either directly or indirectly, coming into the Executive’s possession of in the course
of the Executive service, shall remain the property of the Company and shall be returned to the Company.

 

Company and Executive Stipulate: The
Company and Executive hereby stipulate that, as between them, the foregoing matters are important, material, and confidential,
and gravely affect the effectiveness and successful conduct of the business of the Company and its goodwill, and that any breach
of the terms of this section is a breach of this Agreement.

 

Non-interference: The Executive will
not at any time, in any fashion, form or manner, either directly or indirectly, for himself or on behalf of any other person,
persons, firm, partnership, entity, company, or business, call upon any customer, employee or Executive of the Company for the
purpose of soliciting a business or promotional relationship with respect to any customer, employee or Consultant.

 

15. INVALID PROVISION

 

The invalidity or unenforceability of a particular
provision of this Agreement shall not affect the other provisions hereof, and the Agreement shall be construed in all respects
as if such invalid or unenforceable provisions were omitted.

 

16. MODIFICATION

 

No change or modification of this Agreement
shall be valid unless in writing and signed by the parties hereto.

 

17. ARBITRATION

 

If a dispute arises from or relates to this
Agreement or the breach thereof or otherwise from the relationship of the parties or its termination and if the dispute cannot
be settled through direct discussions, the parties agree to endeavor first to settle the dispute in an amicable manner by mediation
before resorting to arbitration. Thereafter, any unresolved controversy or claim arising from or relating to this Agreement or
breach thereof shall be settled by an agreed upon arbitration association and judgment on the award rendered by the arbitrator(s)
may be entered in any court having jurisdiction thereof.

 

18. NOTICES

 

Any notice required or permitted by this Agreement
shall be in writing, sent by registered or certified mail, return receipt requested, or by overnight courier, addressed to the
Board and the Company at its then principal office, or to the Executive at the address set forth in the preamble, as the case may
be, or to such other address or addresses as any party hereto may from time to time specify in writing for the purpose in a notice
given to the other parties in compliance with this Section 18. Notices shall be deemed given when delivered.

 

19. APPLICABLE LAW, BINDING EFFECT, AND
ASSIGNABILITY

 

This Agreement shall be governed by and interpreted
under the laws of the State of New York, United States and shall inure to the benefit of and be binding upon the parties hereto
and their heirs, personal representatives, successors and assigns. This Agreement is assignable by the Company with the written
consent of the Executive but is not assignable by Executive.

 

20. REPRESENTATIONS AND WARRANTIES

 

The Executive represents and warrants to the
Company that;

 

(a) the Executive is under no contractual or
other restriction which is inconsistent with the execution of this Agreement, the performance of his duties hereunder or other
rights of Company hereunder, and;

 

(b) the Executive is under no physical or mental
disability that would hinder the performance of his duties under this Agreement.

 

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21. MISCELLANEOUS

 

(a) This Agreement contains the entire agreement
of the parties relating to the subject matter hereof;

 

(b) This Agreement supersedes any prior written
or oral agreements or understandings between the parties relating to the subject matter hereof;

 

(c) A waiver of the breach of any term or condition
of this Agreement shall not be deemed to constitute a waiver of any subsequent breach of the same or any other term or condition;

 

(d) The headings in this Agreement are inserted
for convenience of reference only and shall not be a part of or control or affect the meaning of any provision hereof.

 

IN WITNESS WHEREOF, the undersigned have hereunto
executed the Agreement on the date set forth above.

 

	The Company:	 
	 	 
	/s/ Geoff Armstrong	 
	On Behalf of the Board	 
	Geoffrey Armstrong, President and Sole Director	 
	Eardley Ventures	 
	 	 
	Executive	 
	 	 
	/s/ Geoff Armstrong	 
	Geoffrey Armstrong, President and Sole Director,	 
	Kouzelne Mesto Ltd.	 

 

    	8Exhibit 10.2

 

Exhibit 10.2

 

EARDLEY VENTURES

CONSULTING SERVICES AGREEMENT

 

THIS CONSULTING SERVICES
AGREEMENT (hereinafter referred to as the “Agreement”) dated this 28th day of February 2007 (hereinafter referred
to as the “Effective Date”), by and between Eardley Ventures. (hereinafter referred to as the “Company”),
a Nevada corporation with a mailing address at 250 H Street #123 Blaine WA 98230, and Mr. Edward Low, through his company AE Financial,
(hereinafter referred to as the “Consultant”), with his residence address located at 2730 E 54th Ave, Vancouver, British
Columbia, Canada, V5S 1X8

 

WHEREAS:

 

1.The Consultant has extensive expertise
in accounting and as a bookkeeper.

 

2.The Company desires to retain the
Consultant and the Consultant desires to be retained by the Company upon the terms and conditions hereinafter set forth.

 

NOW, THEREFORE,
in consideration of the mutual promises and agreements hereinafter set forth, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto agree as follows:

 

1.Responsibilities. 
The Company hereby retains the Consultant to act as the bookkeeper of the Company and the Consultant hereby accepts and agrees
to such retention. The Consultant, in his capacity as the bookkeeper of the Company, shall keep the books of account of the Company
and prepare unaudited financial statements, as necessary, for the Company. In addition, the Consultant shall have and perform such
other duties as are customarily performed by one holding such position in other businesses or enterprises that are the same as
or similar to that engaged in by the Company, and shall have and perform such unrelated duties and services as may be assigned
to him from time to time by the Board of Directors or the Chief Financial Officer of the Company. The Consultant agrees to abide
by the Company policies and procedures established from time to time by the Company. The exact nature of the duties of the Consultant
shall be more fully outlined and defined in a formal job description between the Company and the Consultant, copies of which, as
amended from time to time, shall be attached hereto as APPENDIX A, and incorporated herein by this reference. The Consultant shall
accept from the Company, as full compensation for his services, including, without limitation, any services rendered by him as
an officer or director of the Company or of any parent, subsidiary or affiliate of the Company, incentive compensation in the form
of shares of the Company’s common stock, $0.001 par value per share (hereinafter referred to as the “Common Stock”),
as provided in Section 4 below.

 

2.Best Efforts
of Consultant. The Consultant agrees that he will at all times faithfully, industriously and to the best of his ability,
experience and talents perform to the reasonable satisfaction of the Company all of the duties that may be required of and from
him pursuant to the express and implicit terms of this Agreement. Such duties shall be rendered at such place or places and during
such hours as the Company shall in good faith require or as the interest, needs, business or opportunity of the Company shall require.

 

3.Term. The term of this
Agreement shall be a period of three years, commencing March 1, 2007, and terminating March 1, 2010 unless
the Consultant’s services are extended or this Agreement is superseded by a replacement agreement or terminated earlier pursuant
to a Termination of Service.

 

    	 

    	 

    

 

4.Compensation of Consultant.
The Consultant’s basic remuneration is US$1,500.00 per month. The Executive shall have the
option, at the Company’s discretion of converting all or part of his remuneration into shares of the Company’s stock
at a share price to be agreed upon by both parties. Should the Consultant and the Company not find a mutually agreed upon share
price, the remuneration shall be paid in cash. After one year from the effective date of this agreement, a review will be made
of the basic fee and may be subject to an increase at the discretion of the Company.

 

5.Expenses.
The Consultant shall be authorized to incur reasonable expenses in the performance of his responsibilities pursuant to this Agreement,
including expenses for business entertainment, business travel and similar items and other expenses as approved by the Company
in advance, or subject to a limit of $200.00 or other restrictions established from time to time by the Company. The Company shall
reimburse the Consultant for all such authorized expenses within a reasonable time after presentation by the Consultant from time
to time of an itemized account of such expenditures.

 

6.Termination.

 

In the event that the Executive’s
employment is terminated by the Company for reasons other than Cause, or in the event that Executive resigns his employment for
Good Reason, or in the event that the Executive terminates this Agreement one hundred and twenty (120) days following a Change
of Control, the Executive will be provided a severance package which shall consist of a continuation for a period which is the
greater of the unexpired period of this or any extension of this Agreement or six (6) months following the date of Termination
of: (A) Remuneration under Section 7, and (B) Executive benefits as provided under Section 9. The Executive and the Company agree
and stipulate that the foregoing severance benefit is intended to fully compensate the Executive for the consequences suffered
by him in the event of a termination of his employment hereunder by the Company for reasons other than Cause or by the Executive
with Good Reason, which consequences are uncertain and difficult to prospectively determine. Such severance is not a penalty, and
shall not be subject to reduction in the event that the Executive obtains other employment during any period over which such severance
is payable within the initial six months of this period, if applicable.

 

In the event that the Company terminates the
Executive’s employment for Cause or the Executive resigns without Good Reason, the Executive will not be entitled to a severance
package. No payments or benefits hereunder (other than payment of earned but unpaid base salary) shall be owing or payable by the
Company.

 

In the event the Executive is terminated for
Cause or because of Disability, the Executive will promptly resign from any officer and/or director positions the Executive may
hold at the Company or any of its subsidiaries.

 

In the event of the Executive’s death
or Disability while performing his duties for the Company, the Company may terminate this Agreement and its obligation hereunder
shall be to continue to pay the Executive Fees (to his personal representative) for a period of one (1) year following the date
of death or termination and the Executive’s right to all of the Executive’s options, if any shall vest immediately
and all of the Executive’s options, if any, shall become immediately exercisable.

 

In the event of the Executive’s death
or Disability while not performing his duties for the Company, the Company may terminate the Executive’s employment and its
sole obligation hereunder shall be to continue to pay the Executive salary (to his personal representative) for a period of six
(6) months following the date of death or termination.

 

The above is subject to the Company’s
right to terminate the Executive’s services at any time without notice:

 

(a) for any proven act of serious misconduct
or of serious incompetence; or

 

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(b) for repeated or other material breach by
the Executive of his obligations to the Company; or

 

(c) if the Executive is guilty of any conduct
which seriously prejudices or is likely seriously to prejudice the Company; or

 

(d) if the Executive is convicted of any criminal
offence.

 

The Executive is required to give the Company
not less than 30 days notice in writing to terminate his service.

 

On termination of the Executive’s service
the Executive must immediately return to the Company, in accordance with any instructions, which may be given to the Executive,
all items of property belonging to the Company in his possession or under his control. The Executive must, if so required by the
Company, confirm in writing that the Executive has complied with his obligations under this provision.

 

7.Extent of Service; Self-Dealing.The
Consultant shall devote his full, normal working time, attention and energy to the business of the Company and, as assigned by
the Board of Directors of the Company, to the business of corporations affiliated with the Company, and shall not during the term
of this Agreement be engaged in any other business activity that conflicts with the Consultant’s obligations under this Agreement.
The foregoing shall not be construed as preventing the Consultant from making investments in businesses or enterprises provided
such investments do not require any services on the part of the Consultant in the management, operation or affairs of such businesses
or enterprises.

 

The Consultant shall cooperate
with, assist and furnish information upon request to the Board of Directors of the Company or of the directors or affiliates of
the Company and the auditors and legal counsel for the Company or its affiliates. The provisions of this Section 7 shall survive
termination of this Agreement with respect to matters arising during the period of retention of the Consultant by the Company.

 

8.Disclosures of Information.The
Consultant recognizes and acknowledges that he has and will have access to certain confidential information of the Company and
its affiliates, including, but not limited to, technologies, specifications, intellectual property, software, lists of clients
or customers, know-how and other proprietary information, that are valuable, special and unique assets and property of the Company
and such affiliates. The Consultant will not, during or after the term of his retention, disclose, without the prior written consent
or authorization of the Company, or authorize or permit anyone under his direction or control to disclose any of such information
to any firm, person, corporation, association, enterprise or other entity, except to authorized representatives of the Company
or its affiliates, for any reason or purpose whatsoever. In this regard, the Consultant agrees that such authorization or consent
to disclosure may be conditioned upon the disclosure being made pursuant to a secrecy agreement, protective order, provision of
statute, rule, regulation or other procedure under which the confidentiality of the information is maintained in the hands of the
person to whom the information is to be disclosed. In the event a third party seeks to compel disclosure of confidential information
by the Consultant by judicial or administrative process, the Consultant shall promptly notify the Company of such occurrence and
furnish to the Company a copy of the demand, summons, subpoena or other process served upon the Consultant to compel such disclosure,
and will permit the Company to assume, at the Company’s expense but with the Consultant’s cooperation, defense of the
disclosure demand. In the event the Company does not contest such a third-party disclosure demand under judicial or administrative
process or a final judicial order is issued compelling disclosure of confidential information by the Consultant, the Consultant
shall be entitled to disclose such confidential information in compliance with the terms of such administrative or judicial process
or order.

 

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Upon termination of the
Consultant’s retention by the Company, the Consultant shall neither take nor retain any equipment, proprietary papers, customer
lists, manuals, files or other documents or copies thereof belonging to the Company or any of its affiliates.

 

The provisions of this
Section 8 shall survive the termination of this Agreement. In the event of a breach or threatened breach by the Consultant of the
provisions of this Section 8, the Company shall be entitled to an injunction restraining the Consultant from disclosing, in whole
or in part, such confidential information. Nothing herein shall be construed as prohibiting the Company from pursuing any other
remedies available to the Company for such breach or threatened breach, including the recovery of damages from the Consultant.

 

9.Other Benefits. The Consultant
shall be entitled to all other benefits contained in any approved Company benefit plan(s) offered to all consultants, subject
to the provisions of such plan(s). Nothing in this Section shall be construed to require the Company to maintain any particular
benefit plan(s).

 

10. Indemnification.

 

a.The Company agrees that if the Consultant
is made a party, or is threatened to be made a party, to any action, suit or proceeding, whether civil, criminal, administrative
or investigative (hereinafter referred to as a “Proceeding”), by reason of the fact that he is or was a director, officer
or consultant of the Company or is or was serving at the request of the Company as a director, officer, member, consultant or agent
of another corporation, partnership, joint venture, trust or other enterprise, including service with respect to executive benefit
plans, whether or not the basis of such Proceeding is the Consultant’s alleged action in an official capacity while serving
as a director, officer, member, consultant or agent, the Consultant shall be indemnified and held harmless by the Company to the
fullest extent legally permitted or authorized by the Company’s Articles of Incorporation or Bylaws or resolutions of the
Company’s Board of Directors or, if greater, by the laws of the State of Wyoming, against all cost, expense, liability and
loss (including, without limitation, attorneys’ fees, judgments, fines, taxes or other liabilities or penalties and amounts
paid or to be paid in settlement) reasonably incurred or suffered by the Consultant in connection therewith, and such indemnification
shall continue as to the Consultant even if he has ceased to be a director, member, consultant or agent of the Company or other
entity, with respect to acts or omissions that occurred prior to the cessation of his retention with the Company, and shall inure
to the benefit of the Consultant’s heirs, executors and administrators. The Company shall advance to the Consultant all reasonable
costs and expenses incurred by him in connection with a Proceeding within 20 calendar days after receipt by the Company of a written
request for such advance. Such request shall include an undertaking by the Consultant to repay the amount of such advance if it
shall ultimately be determined that he is not entitled to be indemnified against such costs and expenses.

 

b. Neither the failure of the Company
(including its Board of Directors, independent legal counsel or stockholders) to have made a determination prior to the commencement
of any proceeding concerning payment of amounts claimed by the Consultant that indemnification of the Consultant is proper because
he has met the applicable standard of conduct, nor a determination by the Company (including its Board of Directors, independent
legal counsel or stockholders) that the Consultant has not met such applicable standard of conduct, shall create a presumption
that the Consultant has not met the applicable standard of conduct.

 

11.Notices. Any notice
required or permitted to be given under this Agreement shall be sufficient if in writing and delivered via email, courier or agreed
fax to his last known address or contact number, in the case of the Consultant, or to its principal executive offices, in the case
of the Company.

 

    	4

    	 

    

 

12.Waiver of Breach.
Any waiver by the Company of a breach of any provision of this Agreement by the Consultant shall not operate or be construed as
a waiver of any subsequent breach by the Consultant.

 

13.Assignment. The rights
and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and
assigns of the Company.

 

14.Applicable Law. It
is the intention of the parties hereto that this Agreement and the performance hereunder and all suits and special proceedings
hereunder be construed in accordance with and pursuant to the laws of the State of Wyoming and that in any action, special proceeding
or other proceeding that may be brought arising out of, in connection with or by reason of this Agreement, the laws of the State
of Nevada shall be applicable and shall govern to the exclusion of the law of any other forum, without regard to the jurisdiction
in which any action or special proceeding may be instituted.

 

15.Severability. All
agreements and covenants contained herein are severable, and in the event any of them, with the exception of those contained in
Sections 1 and 4 hereof, shall be held to be invalid by any competent court, this Agreement shall be interpreted as if such invalid
agreements or covenants were not contained herein.

 

16.Entire Agreement.
This Agreement constitutes and embodies the entire understanding and agreement of the parties and supersedes and replaces all prior
understandings, agreements and negotiations between the parties, provided that nothing herein shall be deemed to restrict or limit
the common law duties of the Consultant to the Company.

 

17.Waiver and Modification.
Any waiver, alteration or modification of any of the provisions of this Agreement shall be valid only if made in writing and signed
by the parties hereto. Each party hereto, from time to time, may waive any of his or its rights hereunder without affecting a waiver
with respect to any subsequent occurrences or transactions hereof.

 

18.Captions and Paragraph Headings.
Captions and paragraph headings used herein are for convenience only, are not a part hereof and shall not be used in construing
this Agreement.

 

IN WITNESS WHEREOF,
the parties hereto have executed this Agreement to be effective as of the day and year first above written.

 

	THE COMPANY:	 
	 	 
	EARDLEY VENTURES	 
	 	 
	/s/ Geoff Armstrong	 
	Geoffrey Armstrong, President and Director	 
	 	 
	THE CONSULTANT:	 
	 	 
	/s/ Ed Low	 
	Edward Low	 

    	5

    	 

    

 

APPENDIX A

Edward Low

 

DESCRIPTION
OF DUTIES and JOB TITLE

 

During the term of this Agreement the Consultant
agrees to devote his best efforts to perform all duties as shall be determined by and at the reasonable discretion of the Company’s
Board of Directors, and is charged with the responsibilities, duties and functions necessary to assist the Company to meet all
of its obligations.

 

The Consultant job title is Bookkeeper. The
Consultant will report to the Board and his main duties will be:

 

		(a)	The Consultant will assist the Company with the preparation and proper
maintenance of the Company’s account books.

 

		(b)	The Consultant will prepare and assist with the preparation and presentation
of the Company’s required unaudited quarterly financial statements in a timely manner, and assist with the preparation of
the Company’s annual financial statement(s);

 

		(c)	The Consultant will assist the Company with maintaining the security
of all internal corporate records pursuant to the preparation and proper maintenance of all account books;

 

		(d)	The Consultant will assist the Company with the preparation of all
necessary communications and responses to communications with the Company’s auditors and assist the Company with the preparation
of all necessary communications and responses with regulatory agencies where such communications and responses are within the scope
of services contemplated by this Agreement;

 

		(e)	The Consultant will also perform additional duties and responsibilities
to the Company at the reasonable instruction of the President of the Company or his designee, provided that such additional duties
and responsibilities are within the scope of services contemplated by this Agreement.

 

The Consultant will not engage in any activity
that will interfere or conflict with the Consultant’s duties and responsibilities to the Company or that interfere or conflict
with the business and objectives of the Company.

 

The Consultant will not make any misrepresentation
of the Company or its business, operations or financial condition to any party in the performance of the services required by this
Agreement.

 

	THE CONSULTANT:	 
	 	 
	/s/ Ed Low	 
	Edward Low	 

 

    	6

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