Document:

Exhibit
10.2

 

	
  

  	
  Department:

  	
  Policy
  Number:

  
	
  Human Resources

  	
   

  
	
   

  	
   

  
	
  Date
  Issued:

  	
  Supersedes
  Number:

  
	
  December 4, 2009

  	
  Original 

  
	
   

  	
   

  
	
  Prepared
  By:

  	
   

  
	
  Human Resources
  Director / General Counsel 

   

  Approved
  By:

  Compensation Committee 

  
	
   

  	
   

  
	
  Title:

  	
  Flexible Cash Allowance
  Policy

  	
   

  	
   

  
					

 

Flexible
Cash Allowance Policy

 

Effective
January 1, 2010, TriMas Corporation will provide a cash allowance for certain
senior executives in lieu of any other perquisites (including, but not limited
to, car related payments, club dues, and supplemental life insurance).  Executives covered by this policy will
receive a cash allowance to be paid in equal payments at the beginning of each financial
quarter to be used at the executive’s discretion.

 

Depending
on the executive’s position, participation in the cash allowance policy will be
subject to approval by the Compensation Committee.

 

The
cash allowance will be separate from the executive physical benefit that is
currently in place for certain senior executives which will continue to be
provided at company expense.

 

Both
eligibility to receive and the amount of the cash allowance will be reviewed
and adjusted as necessary on an annual basis, in accordance with the
compensation review process. The Compensation Committee reserves the right to
cancel or modify the terms of the cash allowance policy at any time.

 

For
2010, participants in the cash allowance policy and the respective allowance
paid shall be as follow:

 

	
  Position

  	
   

  	
  2010 Cash Allowance

  	
   

  
	
  President, Chief Executive Officer

  	
   

  	
  $

  	
   55,000

  	
   

  
	
  Chief Financial Officer

  	
   

  	
   

  	
   

  
	
  General Counsel

  	
   

  	
   

  	
   

  
	
  Vice President, Finance and Treasurer

  	
   

  	
   

  	
   

  
	
  President, Packaging Systems

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Business Unit Presidents

  	
   

  	
  $

  	
  25,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Vice President / Directors

  	
   

  	
  As approvedexhibit10-9.htm

    
      PROMISSORY
NOTE

      
        

        DATED as of February 19,
2009.

        

        

        TO:                      Blue
Cove Holdings Inc., # 4
Beaufort Road Nassau Bahamas

        

        
          	
                   
      

                	
                  (the
      “Creditor")

                

        

        

        WHEARAS, we, Pioneer
Exploration Inc, are indebted to the Creditor in the amount of $50,000.00 for
funds that the Creditor advanced to us:

        

        WE, Pioneer Exploration Inc,
Inc, of 750 West Pender Street, Suite 202, Vancouver, British Columbia, V6C 2T7
(the "Company"), promise to pay to the Creditor, at the address specified above,
the principal amount specified below ("Principal").

        

        The
following are the terms and conditions of the Note:

        

        
          	
                   
      

                	
                  1.

                	
                  Principal
      amount:

                	
                  $50,000.00
      due and payable from the Company to the
Creditor

                

        

        

        
          	
                   
      

                	
                  2.

                	
                  Maturity
      date:

                	
                  This
      Note shall be payable on demand.

                

        

        

        
          	
                   
      

                	
                  3.

                	
                  Interest:

                	
                  No
      interest shall accrue on the outstanding
amount.

                

        

        

        
          	
                   
      

                	
                  4.

                	
                  Conversion:

                	
                  At
      any time prior to the date that the Principal is repaid, the Creditor, at
      his sole option, may convert a portion or all of the Principal amount
      outstanding into shares of common stock (the “Shares”) in the capital
      stock of the Company. Each $1.20 of Principal outstanding may be converted
      in to one Share.

                

        

        

        
          	
                   
      

                	
                  5.

                	
                  Currency:

                	
                  All
      funds and dollar amounts referred to in this Note are in the lawful
      currency of the United States of
America.

                

        

        

        
          	
                   
      

                	
                  6.

                	
                  Jurisdiction:

                	
                  This
      Note shall be interpreted in accordance with the laws in effect from time
      to time in the Province of British
Columbia.

                

        

        

        
          	
                   
      

                	
                  7.

                	
                  Resale
      Restrictions:

                	
                  If
      the Creditor chooses to convert the Principal into Shares of the Company
      pursuant to paragraph 4, the Creditor agrees and acknowledges that he will
      comply with all securities laws relating to resale
      restrictions.

                

        

        

        

        

        IN WITNESS WHEREOF this
Promissory Note has been executed as of the day and year first above
written.

        

        Pioneer
Exploration Inc.

        

        Per:           /s/ Tom Brady

        _______________________________

        Tom
Brady, Directorexhibit10-10.htm

     

    PROMISSORY
NOTE

    

    DATED as of May 15,
2009.

    

    

    TO:                      Blue
Cove Holdings Inc., # 4
Beaufort Road Nassau Bahamas

    

    
      	
               
      

            	
              (the
      “Creditor")

            

    

    

    WHEARAS, we, Pioneer
Exploration Inc, are indebted to the Creditor in the amount of $36,000.00 for
funds that the Creditor advanced to us:

    

    WE, Pioneer Exploration Inc,
Inc, of 750 West Pender Street, Suite 202, Vancouver, British Columbia, V6C 2T7
(the "Company"), promise to pay to the Creditor, at the address specified above,
the principal amount specified below ("Principal").

    

    The
following are the terms and conditions of the Note:

    

    
      	
               
      

            	
              1.

            	
              Principal
      amount:

            	
              $36,000.00
      due and payable from the Company to the
Creditor

            

    

    

    
      	
               
      

            	
              2.

            	
              Maturity
      date:

            	
              This
      Note shall be payable on demand.

            

    

    

    
      	
               
      

            	
              3.

            	
              Interest:

            	
              No
      interest shall accrue on the outstanding
amount.

            

    

    

    
      	
               
      

            	
              4.

            	
              Conversion:

            	
              At
      any time prior to the date that the Principal is repaid, the Creditor, at
      his sole option, may convert a portion or all of the Principal amount
      outstanding into shares of common stock (the “Shares”) in the capital
      stock of the Company. Each $1.80 of Principal outstanding may be converted
      in to one Share.

            

    

    

    
      	
               
      

            	
              5.

            	
              Currency:

            	
              All
      funds and dollar amounts referred to in this Note are in the lawful
      currency of the United States of
America.

            

    

    

    
      	
               
      

            	
              6.

            	
              Jurisdiction:

            	
              This
      Note shall be interpreted in accordance with the laws in effect from time
      to time in the Province of British
Columbia.

            

    

    

    
      	
               
      

            	
              7.

            	
              Resale
      Restrictions:

            	
              If
      the Creditor chooses to convert the Principal into Shares of the Company
      pursuant to paragraph 4, the Creditor agrees and acknowledges that he will
      comply with all securities laws relating to resale
      restrictions.

            

    

    

    

    

    IN WITNESS WHEREOF this
Promissory Note has been executed as of the day and year first above
written.

    

    Pioneer
Exploration Inc.

    

    Per:           /s/ Tom Brady

    

    _______________________________

    Tom
Brady, Directorexhibit10-11.htm

    SHARE
PURCHASE AGREEMENT

    November
30, 2009

    
      

      Pioneer Exploration Inc., a
Nevada company, of 750 West Pender Street, Suite 2020, Vancouver, British
Columbia, V6C 2T7 (the “Seller”), will sell its
125,000 shares in the capital of Macallan Oil & Gas Inc. (the “Shares”) to Skye Capital Corporation (the
“Purchaser”), of 102
Aberdeen Road, Bridgewater, Nova Scotia, B4V 2S8 for the purchase price of CDN$100,000 (the “Purchase Price”) effective
November 30,2009 (“Closing
Date”).

       

      The
Purchaser will pay the Purchase Price on or before May 31, 2010.  The
Purchaser is liable for payment of the Purchase Price and any costs that the
Seller incurs in trying to collect the Purchase Price.

       

      The
Purchaser will secure its payment of the Purchase Price with a promissory note
and the Seller will retain physical possession of the Shares and be the
registered owner of the Shares until the Purchase Price is paid in
full.

       

      If the
Purchaser sells its beneficial ownership of the Shares, the Purchaser will pay
to the Seller all of the proceeds of sale of the Shares up to the sum of the
Purchase Price.

       

      

       

      Pioneer
Exploration Inc.

      

      Per:
/s/ Authorized
Signatory

      

      

      

      Authorized
signatory

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