Document:

Exhibit 10.1

    EXHIBIT
      10.1 

    

    COMPENSATION
      AGREEMENT

    

    This
      Compensation Agreement is dated as of October 1, 2006 between Fellows Energy
      Ltd., a Nevada corporation (the “Company”), and Marc J. Ross
      (“Consultant”).

    

    WHEREAS,
      the Company has requested the Consultant to provide the Company with legal
      services in connection with their business, and the Consultant has agreed to
      provide the Company with such legal services; and 

    

    WHEREAS,
      the Company wishes to compensate the Consultant with shares of its common stock
      for such services rendered; 

    

    NOW
      THEREFORE, in consideration of the mutual covenants hereinafter stated, it
      is
      agreed as follows:

    

    1. The
      Company will issue up to 800,000 shares of the Company’s common stock, par value
      $.001 per share, to the Consultant subsequent to the filing of a registration
      statement on Form S-8 with the Securities and Exchange Commission registering
      such shares, as set forth in Section 2 below. The shares to be issued shall
      represent consideration for legal services to be performed by the Consultant
      on
      behalf of the Company.

    

    2. The
      above
      compensation shall be registered using a Form S-8. The Company shall file such
      Form S-8 with the Securities and Exchange Commission within 30 days of the
      execution of this agreement.

    

    IN
      WITNESS WHEREOF, this Compensation Agreement has been executed by the Parties
      as
      of the date first above written.

     

    
      	 	 	 
	 	
              FELLOWS
                ENERGY LTD.

            
	 
 	 
 	 
 
	 	By:  	/s/ GEORGE
              S. YOUNG
	 	
              
George
              S. Young
	 	Chief
              Executive Officer

    

     

    
      	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ MARC
              J. ROSS
	 	
              
MARC
              J. ROSS
	 	TitleFirst Amendment to
               AMENDED STOCK EXCHANGE AND PLAN OF MERGER AGREEMENT

THE STOCK EXCHANGE AND PLAN OF MERGER AGREEEMNT (the "Agreement") entered into
on the 8th day of September 2006, by and among GALTECH SEMICONDUCTOR MATERIALS
CORPORATION, a Utah corporation ("GALTECH") and CBM GROUP, INC., a Nevada
corporation ("CBM"), is hereby Amended as follows:

                                   WITNESSETH

WHEREAS, simultaneously with the Exchange per the terms of the Agreement,
GALTECH was to cause to have a new corporation formed, chartered in the State of
Nevada, named CBM IPA, Inc. in which all IP assets owned by CBM Group, Inc. was
to be used to capitalize CBM IPA, Inc., with all outstanding and issued shares
of CBM IPA, Inc. owned by GALTECH, making CBM IPA a wholly owned subsidiary of
GALTECH; and

WHEREAS, Wells Fargo Bank, N.A. has filed a lawsuit in the Second Judicial
District of New Mexico on September 15, 2006 against CBM Group, Inc. seeking to
foreclose on IP owned by CBM Group, Inc., notwithstanding this court does not
have jurisdiction; and

WHEREAS, Wells Fargo Bank, N.A. and Scott Garrett jointly filed in the Second
Judicial District, State of New Mexico, on September 15, 2006 a joint Motion for
a Temporary Restraining Order ("TRO") and Injunction prohibiting the Stock
Exchange Agreement between Galtech and CBM Group from continuing to a closing,
notwithstanding this court does not have jurisdiction;

WHEREAS, Directors of Galtech and CBM Group believe Garrett has no standing to
assert any such claims against CBM Group nor obtain a TRO and Injunctive relief
stopping the Stock Exchange Agreement; and

WHEREAS, Directors of Galtech and CBM Group believe Wells Fargo Bank, N.A. has
asserted a false claim of lien interest in IP assets owned by CBM Group, Inc.;
and

WHEREAS, Wells Fargo Bank has made an offer to CBM lawyers to withdraw its
co-filing of its co-filing request with Scott Garrett for a TRO and Injunction
requesting the court stop the Stock Exchange Agreement, if Directors of Galtech
and CBM agree the Exchange Agreement is modified to eliminate the capitalization
of CBM IPA, Inc. with the IP assets owned by CBM Group, Inc.; and

<PAGE>

WHEREAS, Directors of Galtech and CBM Group believe this is a foolish request by
Wells Fargo Bank, N.A. but a "face saving" offer extract themselves from being a
party to the jointly filed September 15, 2006 Motion for a TRO and Injunction
that will not likely be granted; and

WHEREAS, Directors of Galtech and CBM Group want to move forward on the Closing
of the Agreement and this accommodation to Wells Fargo Bank, N.A. "folly" would
lessen the load of the CBM lawyers in the scheduled TRO hearing; and

WHEREAS, this accommodation to Wells Fargo Bank's "folly" if granted by CBM and
Galtech would only be temporary and could otherwise not prohibit CBM and Galtech
from proceeding as planned, notwithstanding that a prior ten (10) days notice to
Wells Fargo would be given before plans are resumed and if not changed; and

         THEREFORE IT IS RESOLVED, that Directors of Galtech and CBM Group agree
to keep the Hydroscope(R) IP now owned by CBM Group in CBM Group through the
closing of the Agreement OR until such time Galtech and CBM Group may continue
with their planned transfer of IP from CBM to CBM IPA, Inc. as filed in
Galtech's 8K; and

         RESOLVED, that Directors of Galtech and CBM Group agree to provide
Wells Fargo the accommodation of a ten (10) day notice before CBM Group
transfers any IP owned by CBM Group to CBM IPA, Inc., but only if there has not
first been a lawsuit filed against Wells Fargo Bank to dismiss their alleged
lien interest in IP that was fraudulently obtained and or unless Wells Fargo's
request becomes moot by Wells Fargo's own dismissal on their asserted lien
interest in IP now owned by CBM Group, Inc.

PARTIES:   Dated: September 21, 2006

                                            CBM Group, Inc.
                                            a Nevada Corporation

                                            By /s/ Daniel W. Cook
                                              ---------------------------------
                                              Daniel W. Cook, President

                                            GALTECH SEMICONDUCTOR
                                            MATERIALS CORPORATION
                                            a Utah Corporation

                                            By /s/ Garrett Quintana
                                              ---------------------------------
                                              Garrett Quintana, PresidentSecond Amendment to
               AMENDED STOCK EXCHANGE AND PLAN OF MERGER AGREEMENT

THE STOCK EXCHANGE AND PLAN OF MERGER AGREEMENT (the "Agreement") entered into
on the 8th day of September 2006, by and among GALTECH SEMICONDUCTOR MATERIALS
CORPORATION, a Utah corporation ("GALTECH") and CBM GROUP, INC., a Nevada
corporation ("CBM"), along with the First Amendment to that AMENDED STOCK
EXCHANGE AND PLAN OF MERGER AGREEMENT executed on September 21, 2006, is hereby
further Amended as follows:

                                   WITNESSETH

WHEREAS, after the execution of the AMENDED STOCK EXCHANGE AND PLAN OF MERGER
AGREEMENT executed on September 8, 2006, filed with the Security and Exchange
Commission ("SEC") on September 13, 2006, Wells Fargo Bank, N.A., who alleges a
lien interest in the IP owned by CBM, and Scott Garrett ("Garrett") an
individual who owns a minority shareholder interest in a company that owned a
company that owned a foreign company who sold Hydroscope(R) IP to CBM Group,
Inc. being the same individual who brought an action against CBM alleging its
purchase of Hydroscope IP was a fraudulent transfer, jointly filed a Temporary
Restraining Order ("TRO") in the Second Judicial District of the State of New
Mexico requesting that Court to stop the STOCK EXCHANGE AND PLAN OF MERGER
between Galtech and CBM; and

WHEREAS, the Second Judicial District Court ruled against "Garrett" at a TRO
hearing on the merits, stating Garrett was unlikely to succeed on his fraudulent
transfer claim brought against CBM for its acquisition of Hydroscope IP; and

WHEREAS, during the course of the TRO hearing CBM filed a response to the TRO
Motion setting forth the facts that Garrett had no standing to bring such an
Motion or file a lawsuit against CBM as Garrett has never been a creditor or
shareholder of CBM or a creditor or shareholder of the company that sold CBM the
Hydroscope IP; and

WHEREAS, the Second Judicial District Court decided the TRO Motion on the merits
and did not consider the "standing" response argument as filed by CBM's lawyers;
and

WHEREAS, CBM's lawyers will now turn "standing" response argument filed in the
TRO hearing into a Motion for Dismissal of claims brought against CBM by Garrett
in his failed but expensive attempt to stop GALTECH's acquisition of CBM; and

WHEREAS, Garrett and Wells Fargo Bank, N.A., subsequent to the Second Judicial
District Court ruling against TRO relief and an injunction, both filed
"objections" in Federal Bankruptcy Court to a pending Motion for dismissal of
the Cook's personal Chapter 11 petition, with Wells Fargo Bank and Garrett both
stating in their objections to the Cook's Dismissal that Garrett intended to

<PAGE>

submit a "plan", a plan that may or may not attempt to gain control or ownership
of the Cooks' shares issued to the Cooks upon closing of the Agreement between
GALTECH and CBM, which makes the Cooks major shareholders in GALTECH; and

WHEREAS, in due diligence of CBM and the Hydroscope IP, GALTECH Directors became
aware of the litigious nature of Garrett and Garrett's continuous interference
in the business of another company in which Garrett owned a minority shareholder
interest; and

WHEREAS, Directors of GALTECH see great value in acquiring CBM, notwithstanding
the meritless claims filed by Garrett and Wells Fargo Bank, as Directors have a
high level of confidence all claims filed by Garrett against CBM can be
dismissed for lack of standing in the near future through a summary judgment
type motion, and should Wells Fargo continue to asset their fraudulent lien
interest in Hydroscope IP after Agreement closing, Wells Fargo is substantial
enough for shareholders of GALTECH/CBM to recover inflicted damages; and

WHEREAS, GALTECH Directors, notwithstanding the delays imposed by Wells Fargo
Bank and Garrett, reassessed terms of the Agreement and have concluded, provided
shareholders of CBM vote and agree that any and all shares designated for
issuance to the Cooks' upon closing of the Agreement would all be Common shares
and actual issuance of any and all common shares to the Cooks individually would
be contingent upon the Cooks obtaining a dismissal of their personal Chapter 11
and or GALTECH Directors otherwise being assured all shares issued to the Cooks
individually would be controlled by the Cooks personally, GALTECH and CBM
Directors, who shall confirm acceptance by CBM shareholders, accept the modified
terms to issuance of any stock to the Cooks as no closing will take place that
could allow for Garrett or others to gain control of or otherwise own the Cooks'
major shareholder interest in GALTECH; and

WHEREAS, Directors of GALTECH and CBM all know that Mr. Cook is the key to the
success of GALTECH once it acquires CBM and that without a substantial interest
Mr. Cook is unlikely to have the incentive to remain as the new CEO; and

WHEREAS, Directors of GALTECH and CBM have definitively concluded that Mr.
Garrett would only bring "grief" to GALTECH if he obtained a significant
interest as Mr. Garrett has insufficient knowledge or industry experience to
bring increased value to shareholders.

                                       2
<PAGE>

         THEREFORE IT IS RESOLVED, the terms of the Agreement executed on
September 8, 2006 and as previously Amended, is further Amended in accordance
with the above statements and the Closing Date of the Agreement, as defined in
Article VII, shall be no later than forty-five (45) days after execution of this
Amendment of the Agreement, unless otherwise mutually extended, notwithstanding
a closing can take place as soon as all conditions are met by the respective
parties to the Agreement. If Closing does not take place within forty-five (45)
days from the date hereon, the Agreement as Amended shall be null and void and
shall have no further force or effect upon the parties.

PARTIES:   Dated: October 5, 2006

                                            CBM Group, Inc.
                                            a Nevada Corporation

                                            By /s/ Daniel W. Cook
                                              ---------------------------------
                                              Daniel W. Cook, President

                                            GALTECH SEMICONDUCTOR
                                            MATERIALS CORPORATION
                                            a Utah Corporation

                                            By /s/ Garrett Quintana
                                              ---------------------------------
                                              Garrett Quintana, President

                                       3

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