Document:

form10k043012ex10-7.htm

SERVICE AGREEMENT

THIS AGREEMENT dated for reference the 1st day of January 2012

BETWEEN:                           Bobby Nijjar

701 N. Green Valley Parkway

Suite 200

Henderson, NV, 89074

(the “Service Provider”)

AND:                                      Dakota Gold Corp.

701 N. Green Valley Parkway

Suite 200

Henderson, NV, 89074

(the “Company”)

WHEREAS:

	
A.  

	
The Company is a U.S. corporation in the business of mineral exploration; and

	
B.  

	
The Company desires to acquire and develop mineral 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 currently the Company’s principal executive officer and director.

 

 

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 AND DURATION:  The Company hereby 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 upon and subject to the terms and conditions of this Agreement.

2.  TERM:  The Service Provider’s engagement shall be for an initial term of one year.  The agreement shall be renewable in writing on an annual basis.  The agreement may be terminated by either party with 30 days written notice.   No severance or termination benefits are payable under this Agreement.  Nothing herein shall prevent the Service Provider from offering or performing consulting services to other individuals, businesses, or entities.

3.  DUTIES:  The Service Provider will utilize his expertise to:

(a)  Perform all tasks typically required to organize, plan, and operate a public company in the capacity of the Company’s principal executive officer; and

(b)  Plan and oversee the Company’s partnerships and business plan.

4.  COMPENSATION:

4.1 Compensation:  The Company will:

·  Pay the Service Provider a monthly retainer of $500 for the services provided by the Service Provider; and

  

  

  

·  Reimburse the Service Provider for all reasonable expenses incurred by the Service Provider on behalf of the Company.

4.2  Payment Terms

(a)  The Company will pay the service provider in advance at the beginning of each fiscal quarterly period.

4.3 Reports

(a) The Service Provider will supply the Company with regular reports that are to summarize the activities undertaken on behalf of the Company.

5. CONFIDENTIALITY AND NON-DISCLOSURE:

The Service Provider agrees on behalf of himself that any information provided to him 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, without the express written consent of the Company while this Agreement is in effect.

6. WAIVER: No consent or waiver, express or implied, by any party to this Agreement of any breach or default by the other party in the performance of its obligations under this Agreement or of any of the terms, covenants or conditions of this Agreement shall be deemed or construed to be a consent or waiver of any subsequent or continuing breach or default in such party’s performance or in the terms, covenants and conditions of this
Agreement. The failure of any party to this Agreement to assert any claim in a timely fashion for any of its rights or remedies under this Agreement shall not be construed as a waiver of any such claim and shall not serve to modify, alter or restrict any such party’s right to assert such claim at any time thereafter.

7. NOTICES: Any notice relating to this Agreement or required or permitted to be given in accordance with this Agreement shall be in writing and shall be personally delivered or delivered by courier to the address of the parties set out on the first page of this Agreement. Any notice shall be deemed to have been received when delivered. Each party to this Agreement may change its address by giving written notice of such change in this
manner provided for above.

8. APPLICABLE LAW: This Agreement shall be governed by and construed in accordance with the laws of the state of Nevada and the federal laws of the United States applicable therein, which shall be deemed to be the proper law hereof. The parties hereto hereby submit to the jurisdiction of the courts of Nevada.

9. SEVERABILITY: If any provision of this Agreement for any reason by declared invalid, such declaration shall not effect the validity of any remaining portion of the Agreement, which remaining portion remain in full force and effect as if this Agreement had been executed with the invalid portion thereof eliminated and is hereby declared the intention of the parties that they would have executed the remaining portions of this Agreement without including therein any such part, parts or portion which may, for any reason, be hereafter declared invalid.

  

  

  

10. 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 than set forth in this Agreement and there are no agreements 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.

11. INTERPRETATION: Any reference to gender includes all genders, and the singular includes the plural and the body corporate. No provision of this Agreement shall be construed against any party by virtue of that party having drafted and prepared this Agreement; it being acknowledged and agreed that both parties participated in the negotiation, drafting and preparation of this Agreement. All headings are inserted for reference only.

12. 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 on the first page of this Agreement.

Service Provider

___/s/ Bobby Nijjar____________________________________

Bobby Nijjar

Dakota Gold Corp.

___/s/ James Poulter____________________________________

James Poulter

Directorexv10w10

 

    Exhibit
    10.10

 

    Base
    Contract for Sale and Purchase of Natural Gas

 

    This Base Contract is entered into as of the following date:
    November 1, 2004. The parties to this Base Contract are the
    following:

 

	 	 	 	 	 
	

    Tenaska Marketing Ventures

	
 
	
    and
	
 
	
    Ultra Resources, Inc. — Houston, TX 77060

	

    11718 Nicholas Street Omaha, NE 68154

	
 
	
 
	
 
	
    363 North Sam Houston Parkway East, Suite 1200

	

    Duns Number:
    62-424-0628

	
 
	
 
	
 
	
    Duns Number: 07-110-9974

	

    Contract Number: TMV-S-1495 & TMV-P-1353

	
 
	
 
	
 
	

    Contract
    Number: ­
    ­

	

    U.S. Federal Tax ID Number:
    47-0741451

	
 
	
 
	
 
	
    U.S. Federal Tax ID Number: 83-0320643

	
 
	
 
	
 
	
 
	
 

	

    Notices:

	
 
	
 
	
 
	
 

	

    11718 Nicholas Street Omaha, NE 68164

	
 
	
 
	
 
	
    Address — Same as above

	

    Attn: Manager, Contract Administration

	
 
	
 
	
 
	
    Attn: Natural Gas Marketing — Contract Administration

	

    Phone:
    402-758-6266     Fax:
    402-758-6250

	
 
	
 
	
 
	
    Phone: 281-876-0120 Ext. 306 Fax: 281-876-2831

	

    Confirmations:

	
 
	
 
	
 
	
 

	

    11718 Nicholas Street Omaha, NE 68154

	
 
	
 
	
 
	
    Address — Same as above

	

    Attn: Contract Administration

	
 
	
 
	
 
	
    Attn: Natural Gas Marketing — Gas Control

	

    Phone: 402-758-6100     Fax:
    402-758-6250

	
 
	
 
	
 
	
    Phone: 281-876-0120 Ext. 305 Fax: 281-876-2831

	

    Invoices and Payments:

	
 
	
 
	
 
	
 

	

    11718 Nicholas Street Omaha, NE 68154

	
 
	
 
	
 
	
    Address — Same as above

	

    Attn: Gas Accounting

	
 
	
 
	
 
	
    Attn: Natural Gas Marketing — Contract Administration

	

    Phone:
    402-758-6259     Fax:
    402-758-6253

	
 
	
 
	
 
	
    Phone: 281-876-0120 Ext. 306 Fax: 281-876-2831

	
 
	
 
	
 
	
 
	
 

	

    Wire Transfer or ACH Numbers (if applicable):

	
 
	
 
	
 
	
 

	

    BANK:
    ­
    ­

	
 
	
 
	
 
	
    BANK:
    ­
    ­

	

    ABA:
    ­
    ­

	
 
	
 
	
 
	
    ABA:
    ­
    ­

	

    ACCT:
    ­
    ­

	
 
	
 
	
 
	
    ACCT:
    ­
    ­

	

    Other
    Details: ­
    ­

	
 
	
 
	
 
	
    Other Details: For the acct. of Ultra Resources. Inc.

 

    This Base Contract incorporates by reference for all purposes
    the General Terms and Conditions for Sale and Purchase of
    Natural Gas published by the North American Energy Standards
    Board. The parties hereby agree to the following provisions
    offered in said General Terms and Conditions. In the event the
    parties fail to check a box, the specified default provision
    shall apply. Select only one box from each section:

 

	 	 	 	 	 	 	 	 	 	 	 
	

    Section 1.2

	
 
	
    x
    
	
 
	
    Oral (default)
	
 
	
    Section 7.2
	
 
	
    x
    
	
 
	
    25th

    Day of Month following

	

    Transaction

	
 
	
    o
    
	
 
	
    Written
	
 
	
    Payment Date
	
 
	
 
	
 
	
    Month of delivery (default)

	

    Procedure

	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
    o
    
	
 
	

      Day of Month following Month of delivery

	
    Section 2.5

    Confirm Deadline
	
 
	
    x

    o
    
	
 
	
    2 Business Days after receipt (default)

      Business Days after receipt
	
 
	
    Section 7.2

    Method of Payment
	
 
	
    x

    o
    
	
 
	
    Wire transfer (default)

    Automated Clearinghouse Credit (ACH)

	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
    o
    
	
 
	
    Check

	

    Section 2.6

	
 
	
    o
    
	
 
	
    Seller (default)
	
 
	
    Section 7.7
	
 
	
    x
    
	
 
	
    Netting applies (default)

	

    Confirming Party

	
 
	
    o
    
	
 
	
    Buyer
	
 
	
    Netting
	
 
	
    o
    
	
 
	
    Netting does not apply

	
 
	
 
	
    x
    
	
 
	
    Tenaska Marketing Ventures
	
 
	
 
	
 
	
 
	
 
	
 

	

    Section 3.2

	
 
	
    x
    
	
 
	
    Cover Standard (default)
	
 
	
    Section 10.3.1
	
 
	
    x
    
	
 
	
    Early Termination Damages Apply (default)

	
    Performance

    Obligation
	
 
	
    o
    
	
 
	
    Spot Price Standard
	
 
	
    Early Termination

    Damages
	
 
	
    o
    
	
 
	
    Early Termination Damages Do Not Apply

	
 
	
 
	
 
	
 
	
 
	
 
	
    Section 10.3.2
	
 
	
    x
    
	
 
	
    Other Agreement Setoffs Apply (default)

	

    Note: The following Spot Price Publication applies to both
    of the immediately preceding.

	
 
	
    Other Agreement Setoffs
	
 
	
    o
    
	
 
	
    Other Agreement Setoffs Do Not Apply

	

    Section 2.26

	
 
	
    x
    
	
 
	
    Gas Daily Midpoint (default)
	
 
	
    Section 14.5
	
 
	
 
	
 
	
 

	
    Spot Price

    Publication
	
 
	
    o
    
	
 
	
    

    

	
 
	
    Choice Of Law
	
 
	
 
	
 
	
    New York

	

    Section 6

	
 
	
    x
    
	
 
	
    Buyer Pays At and After Delivery Point (default)
	
 
	
    Section 14.10
	
 
	
    x
    
	
 
	
    Confidentiality applies (default)

	

    Taxes

	
 
	
    o
    
	
 
	
    Seller Pays Before and At Delivery Point
	
 
	
    Confidentiality
	
 
	
    o
    
	
 
	
    Confidentiality does not apply

	

    Special Provisions Number of sheets attached: TWO (2)

	
 
	
 
	
 
	
 
	
 
	
 

	

    Addendum(s): ­
    ­

 

    IN WITNESS WHEREOF, the parties hereto have executed this Base
    Contract in duplicate. File: ULTRA.NAESB

 

	 	 	 
	

    TENASKA MARKETING VENTURES

	
 
	
    ULTRA RESOURCES, INC.

	
    

	
 
	
    

	

    Party Name

	
 
	
    Party Name 

 

	 	 	 
	

    By: Tenaska Marketing, Inc, Managing General Partner

	
 
	
 

	

    By -s- Fred R. Hunzeker

    

	
 
	

    By -s- Stuart E. Nance

    

	

    Name: Fred R. Hunzeker

	
 
	
    Name: Stuart E. Nance

	

    Title: President

	
 
	

    Title: Director — Oil & Gas Marketing

    Attorney-in-fact

 

		
	    Copyright
    ©

    2002 North American Energy Standards Board, Inc.
    	    
    NAESB Standard 6.3.1
    

		
	    All
    Rights Reserved
    	    
    April 19, 2002

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