Document:

f8k31910ex10i_americaenrgy.htm

Exhibit 10.1

 

AMERICAN ENERGY FIELDS, INC.

3266 W. Galveston Drive #101

Apache Junction, AZ 85120

March 19, 2010

Mr. Randall Reneau

[address]

Dear Mr. Reneau:

This letter sets forth the principal terms and conditions governing your role as Chairman of the Board of Directors of American Energy Fields, Inc. (the “Company”).  The principal terms and conditions are as follows:

	
    1.  

	
Position:  You shall serve as Chairman of the Company’s Board of Directors (“Chairman”) until such time as a majority of the Board (not including the Chairman) decides otherwise.

	
    2.  

	
Compensation:  You shall receive a monthly cash payment of $3,000.

	
    3.  

	
Equity: In addition to your cash compensation, you shall receive (i) an aggregate of 350,000 restricted shares of the Company’s common stock upon full execution of this letter and (ii) an aggregate of 750,000 stock options with an exercise price of $0.15 per share.  150,000 of such options shall vest on the six month anniversary of the date of this letter and each six month anniversary thereafter (each, an “Option Payment”) for a total vesting period of thirty (30) months, provided that you shall only receive an Option Payment if you are serving as Chairman when such Option Payment becomes due.

The parties intend that this letter constitutes a binding agreement between them.

  

  

  

 

If the foregoing terms are acceptable to you, kindly so indicate your acceptance and agreement with American Energy Fields, Inc. by executing this letter in the space below provided for that purpose, and returning such copy to me at your earliest convenience.

 

 

 

	 	Very truly yours,	 
	 	 	 
	 	AMERICAN ENERGY FIELDS, INC.	 
	 	 	 	 
	
 

	
By: 

	/s/ Joshua Bleak	 
	 	 	Joshua Bleak	 
	 	 	President	 
	 	 	 	 

 

	 ACCEPTED AND AGREED:	 
	 	 
	/s/ Randall Reneau	 
	Randall Reneauex4_1.htm

     Exhibit 4.1 

    
      
        	
                 COMMON  

                 STOCK 

                 

              	
                    

              	    	
                    

              	    	
                    

              	    	    	
                 COMMON STOCK 

                 

              	    	    	    	    
	    	    	
                 

                 Number 

                 --- 

                 

              	
                    

              	    	
                    

              	
                 LIN’AN TENGDA FOOD CORP. 

              	
                    

              	    	    	
                 

                 Shares 

                 ***0*** 

                 

              	    	    
	    	    	    
	
                 INCORPORATED UNDER THE
      LAWS         

                 OF THE STATE OF
      WYOMING         

              	
                    

              	    	
                    

              	
                 SEE REVERSE FOR CERTAIN DEFINITIONS AND A
      STATEMENT AS TO THE POWERS, DESIGNATIONS, PREFERENCES, RESTRICTIONS, AND
      RIGHTS OF SHARES 

              
	    	    	    	    	    	    	    
	    	    	    	
                    

              	    	
                    

              	    	
                    

              	    	    	
                 CUSIP  _________________ 

              	    	    

      

       

      
        	    	    	    	    	    	    
	
                 THIS CERTIFIES THAT 

              	    	    	
                 

                 SPECIMEN 

                 

              	
                    

              	    
	    	    	    	    
	    	    	    	    	
                    

              	    
	
                 IS THE RECORD OWNER OF 

              	    	    	
                 

                 ZERO 

                 

              	
                    

              	    

      

       

       FULLY PAID AND NON-ASSESSABLE SHARES OF COMMON SHARES,
$0.01 PAR VALUE OF 

       

       ----------------------LIN’AN TENGDA FOOD CORP.
---------------------- 

       

       transferable on the books of the  by the
registered holder hereof in person or by duly authorized attorney upon surrender
of this certificate properly endorsed. This certificate is not valid unless
countersigned by the Transfer Agent and registered by the
Registrar. 

       

       In Witness Whereof the Company has caused this certificate
to be signed in facsimile by it authorized officers and its facsimile seal to be
affixed. 

       

      
        	 	    	    	    	    	    	
                    

              	    
	

                 Dated 

              	    	    	    	    
	
                
                   /s/ Wu Xiaozhong 

                

              	    	    	
                 

                 LIN’AN TENGDA FOOD CORP. 

              	    	    	
                    

              	
                
                   /s/ Wu Xiaozhong 

                

              
	
                 Secretary 

              	    	    	    	    	    	
                    

              	
                 President and 

              
	    	    	    	
                 CORPORATE SEAL 

              	    	    	
                    

              	
                 Chief Executive Officer 

              
	    	    	    	    	    	    	
                    

              	    

      

       

      
        	    	    	    	    	    	    	    
	    	    	
                 TRANSFER AGENT AND
  REGISTRAR, 

              
	    	    
	    	    	
                                VOID 

              
	    	    	
                 By 

              	
                    

              	    	
                    

              	    
	    	    	    	
                    

              	
                 AUTHORIZED SIGNATURE 

                 

              	
                    

              	    

      

       

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

       LIN’AN TENGDA FOOD CORP. 

       

       The Company is authorized to issued Common Stock and
Preferred Stock. The Board of Directors of the Company has the authority to fix
the number of shares and the designations of Preferred Stock and to determine or
amend the preferences, privileges, and restrictions granted to or imposed upon
any unissued shares of Preferred Stock. 

       

       The  shall furnish without charge to each
stockholder who so requests a statement of the powers, designations, preferences
and relative, participating, optional or other special rights of each class of
stock of the  or series thereof and the qualifications, limitations or
restrictions of such preferences and/or rights so far as the same shall have
been fixed, and of the authority of the Board of Directors to designate and fix
any preferences, rights and limitations of any wholly unissued series. Such
requests shall be made to the Secretary at the principal office of the
Company. 

      
        	    	    	    	    	    	    	    	    	    	    	    
	             
       
	
                 The following abbreviations, when used in the
      inscription on the face of this certificate, shall be construed as though
      they were written out in full according to applicable laws or
      regulations: 

              
	   

      

      
        	    	    	    	    	    	    	    	    	    	    	    
	    	    	    	    	
                 UNIF GIFT MIN ACT –                       Custodian                            

              
	
                 TEN COM 

              	    	
                 as tenants in common 

              	    	    	    	
                 (Cust)                          
      (Minor)          

              
	    	    	    
	
                 TEN ENT 

              	    	
                 as tenants by entireties 

              	    	
                                             under
      Uniform Gifts to Minors Act                                     

              
	    	    	    	    	    	    	    	    	    	    	
                 (State)           

              
	
                 JT TEN 

              	    	
                 as joint tenants with right of 

              	    	
                 UNIF TRF MIN ACT –                     Custodian (until age    
                ) 

              
	    	    	
                 survivorship and not as 

              	    	
                 (Cust)             
                                                  

              
	    	    	
                 tenants in common 

              	    	
                                                 under Uniform Transfers 

              
	    	    	    	    	    	    	
                 (Minor)             
                

              	    	    
	    	    	    	    	    	    	
                 to Minors Act                                         
               

              
	    	    	    	    	    	    	    	    	
                  (State)                  
       

              
	
                 Additional abbreviations may also be used though not
      in the above list. 

                 

              

      

       

       For value received,                                          
                                         
                               hereby
sell, assign and transfer unto 

       PLEASE INSERT SOCIAL SECURITY OR OTHER 

           IDENTIFYING NUMBER OF
ASSIGNEE 

       

      
        	    	    	    
	    	    
	    	
                    

              	    

      

       

      
         

         

        

      

      
        
          

        

      

      
         

        
          

        

         (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF
ASSIGNEE) 

      

       

       

      
        
  

      
        
  

      
         

        
          
             

          

          
             

            
              

            

          

          
             

          

        

         

      

      
        	    	    	    
	    	    	
                 Shares 

              

      

       

      
        	    	    	    
	
                 of the capital stock represented by the within
      Certificate, and do hereby irrevocably constitute and
      appoint 

              	    	    

      

       

      
        	    	    	    
	    	    	
                 Attorney to 

              

      

       

       transfer the said stock on the books of the within
named  with full power of substitution. 

       

       Dated:                      

       

      
        	    	    	    	    	    
	    	    	
                 X 

              	
                    

              	    
	    	    	    
	    	    	
                 X 

              	
                    

              	    
	    	    	
                 NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST
      CORRESPOND WITH THE NAME(S) AS WRITTEN UPON THE FACE OF THE CERTIFICATE,
      IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE
      WHATSOEVER.

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