Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Fairchild International Corporation - Exhibit 10.2

 EXHIBIT 10.2

  ASSUMPTION OF DEBT 

THIS ASSUMPTION AGREEMENT is dated April 15, 2005. 

AMONG: 

  
    
      
         FAIRCHILD INTERNATIONAL CORPORATION, a company incorporated
          pursuant to the laws of the State of Nevada, having an office address
          at Suite 600, 595 Hornby Street, Vancouver, British Columbia, V6B 2W5
        

         (“Fairchild”) 

      

    

  

AND: 

  
    
      
         PATCH INTERNATIONAL INC., a company incorporated pursuant to
          the laws of the State of Nevada, having an office address at Suite 1220,
          666 Burrard Street, Vancouver, British Columbia V6C 2X8

         (“Patch”) 

      

    

  

AND: 

  
    
      
         GEORGE TSAFALAS, executive, of Suite 1220, 666 Burrard Street,
          Vancouver, British Columbia V6C 2X8

         (“Tsafalas”) 

      

    

  

WHEREAS:

 A.              Fairchild
  is indebted to George Tsafalas in the amount of CAD$3,491.88 (the “Debt”)
  and Patch has agreed to assume the Debt in partial consideration of the relinquishment
  of certain interests in oil and gas properties by Fairchild to Patch, as detailed
  below; and

 B.             
  Tsafalas has agreed to accept Patch as debtor in the place of Fairchild. 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the parties hereto covenant and agree as follows:

Assumption of Debt 

 1.                           Patch
  hereby absolutely and unconditionally assumes and accepts responsibility for
  the payment of the Debt and agrees to indemnify and hold harmless Fairchild
  in respect thereof. 

 - 2 - 

Acceptance of Patch 

 2.                          
  Tsafalas hereby absolutely and unconditionally accepts Patch as debtor in substitution
  for Fairchild and releases Fairchild from any and all liability in respect of
  the Debt. 

Conveyance 

 3.                          
  Fairchild hereby conveys any and all of its interests in the Kerrobert oil field
  located in Saskatchewan, Canada and all of its interests in the Manahuilla Creek
  oil field in Goliad County, Texas, previously acquired from Patch, back to Patch.

Enurement 

 4.                           This
  Assignment will enure to the benefit of and be binding upon the parties and
  their respective heirs, successors and permitted assigns. 

Governing Law 

 5.                           This
  Assignment will be governed by and construed in accordance with the laws of
  the Province of British Columbia. 

Counterparts 

 6.                           This
  Assignment may be executed by the parties in separate counterparts and by facsimile,
  each of which when so executed and delivered shall be an original, but all counterparts
  shall together constitute one and the same instrument. 

 IN WITNESS WHEREOF this Assignment has been duly executed by the parties
  on the date first mentioned above. 

	 FAIRCHILD INTERNATIONAL 
      	 	 PATCH INTERNATIONAL
      INC.  
	 CORPORATION 
      	 	  	  
	  	 	 	 	 
	  	  	 	 Per:  	
      /s/ David Stadnyk  
	 Per:  	
      /s/ Anish Somani  	 	  	 Authorized Signatory 
      
	  	 Authorized Signatory 
      	 	  	  
	  	 	 	 	 
	  	 	 	 	 
	  	 	 	 	 
	  	 	 	 	 
	
      /s/ George Tsafals  	 	  	  
	 George TsafalasFiled by Automated Filing Services Inc. (604) 609-0244 - Fairchild International Corporation - Exhibit 10.3

 

 EXHIBIT 10.3

  ASSUMPTION OF DEBT 

 THIS ASSUMPTION AGREEMENT is dated April 15, 2005. 

 AMONG: 

  
    
      
         FAIRCHILD INTERNATIONAL CORPORATION, a company incorporated
          pursuant to the laws of the State of Nevada, having an office address
          at Suite 600, 595 Hornby Street, Vancouver, British Columbia, V6B 2W5
        

         (“Fairchild”) 

      

    

  

 AND: 

  
    
      
         PATCH INTERNATIONAL INC., a company incorporated pursuant to
          the laws of the State of Nevada, having an office address at Suite 1220,
          666 Burrard Street, Vancouver, British Columbia V6C 2X8

         (“Patch”) 

      

    

  

 AND: 

  
    
      
         GRAND SLAM RADIO INC., a company incorporated pursuant to the
          laws of British Columbia, having an office address at Suite 1220, 666
          Burrard Street, Vancouver, British Columbia V6C 2X8

         (“Grand Slam”) 

      

    

  

 WHEREAS:

 A.             
  Fairchild is indebted to Grand Slam in the amount of CAD$6,089.29 (the “Debt”)
  and Patch has agreed to assume the Debt in partial consideration of the relinquishment
  of certain interests in oil and gas properties by Fairchild to Patch, as detailed
  below; and

 B.              Grand
  Slam has agreed to accept Patch as debtor in the place of Fairchild. 

 NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the
  mutual covenants and agreements contained herein and other good and valuable
  consideration, the parties hereto covenant and agree as follows:

 - 2 - 

 Assumption of Debt 

 1.                           Patch
  hereby absolutely and unconditionally assumes and accepts responsibility for
  the payment of the Debt and agrees to indemnify and hold harmless Fairchild
  in respect thereof. 

 Acceptance of Patch 

 2.                           Grand
  Slam hereby absolutely and unconditionally accepts Patch as debtor in substitution
  for Fairchild and releases Fairchild from any and all liability in respect of
  the Debt. 

 Conveyance 

 3.                           Fairchild
  hereby conveys any and all of its interests in the Kerrobert oil field located
  in Saskatchewan, Canada and all of its interests in the Manahuilla Creek oil
  field in Goliad County, Texas, previously acquired from Patch, back to Patch.

 Enurement 

 4.                           This
  Assignment will enure to the benefit of and be binding upon the parties and
  their respective successors and permitted assigns. 

 Governing Law 

 5.                           This
  Assignment will be governed by and construed in accordance with the laws of
  the Province of British Columbia. 

 Counterparts 

 6.                           This
  Assignment may be executed by the parties in separate counterparts and by facsimile,
  each of which when so executed and delivered shall be an original, but all counterparts
  shall together constitute one and the same instrument. 

 IN WITNESS WHEREOF this Assignment has been duly executed by the parties
  on the date first mentioned above. 

	 FAIRCHILD INTERNATIONAL 
      	 	 PATCH INTERNATIONAL
      INC.  
	 CORPORATION 
      	 	  	  
	  	 	 	 	 
	  	  	 	 Per:  	
      /s/ David Stadnyk  
	 Per:  	
      /s/ Anish Somani  	 	  	 Authorized Signatory 
      
	  	 Authorized Signatory 
      	 	  	  

 

	 GRAND SLAM RADIO INC.  	 
	  	 	 
	  	 	 
	 Per:  	
      /s/ David Stadnyk  	 
	  	 Authorized SignatoryFiled by Automated Filing Services Inc. (604) 609-0244 - Fairchild International Corporation - Exhibit 10.4

 EXHIBIT 10.4

  ASSUMPTION OF DEBT 

THIS ASSUMPTION AGREEMENT is dated April 15, 2005. 

AMONG: 

  
    
      
         FAIRCHILD INTERNATIONAL CORPORATION, a company incorporated
          pursuant to the laws of the State of Nevada, having an office address
          at Suite 600, 595 Hornby Street, Vancouver, British Columbia, V6B 2W5
        

         (“Fairchild”) 

      

    

  

AND: 

  
    
      
         PATCH INTERNATIONAL INC., a company incorporated pursuant to
          the laws of the State of Nevada, having an office address at Suite 1220,
          666 Burrard Street, Vancouver, British Columbia V6C 2X8

         (“Patch”) 

      

    

  

AND: 

  
    
      
         BYRON COX, executive, of Suite 1220, 666 Burrard Street, Vancouver,
          British Columbia V6C 2X8

         (“Cox”) 

      

    

  

WHEREAS:

 A.              Fairchild
  is indebted to Cox in the amount of CAD$582.89 (the “Debt”)
  and Patch has agreed to assume the Debt in partial consideration of the relinquishment
  of certain interests in oil and gas properties by Fairchild to Patch, as detailed
  below; and

 B.              Cox
  has agreed to accept Patch as debtor in the place of Fairchild. 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the parties hereto covenant and agree as follows:

Assumption of Debt 

 1.                           Patch
  hereby absolutely and unconditionally assumes and accepts responsibility for
  the payment of the Debt and agrees to indemnify and hold harmless Fairchild
  in respect thereof. 

 - 2 - 

Acceptance of Patch 

 2.                          
  Cox hereby absolutely and unconditionally accepts Patch as debtor in substitution
  for Fairchild and releases Fairchild from any and all liability in respect of
  the Debt. 

Conveyance 

 3.                           Fairchild
  hereby conveys any and all of its interests in the Kerrobert oil field located
  in Saskatchewan, Canada and all of its interests in the Manahuilla Creek oil
  field in Goliad County, Texas, previously acquired from Patch, back to Patch.

Enurement 

 4.                           This
  Assignment will enure to the benefit of and be binding upon the parties and
  their respective heirs, successors and permitted assigns. 

Governing Law 

 5.                           This
  Assignment will be governed by and construed in accordance with the laws of
  the Province of British Columbia. 

Counterparts 

 6.                          
  This Assignment may be executed by the parties in separate counterparts and
  by facsimile, each of which when so executed and delivered shall be an original,
  but all counterparts shall together constitute one and the same instrument.

 IN WITNESS WHEREOF this Assignment has been duly executed by the parties
  on the date first mentioned above. 

	 FAIRCHILD INTERNATIONAL 
      	 	 PATCH INTERNATIONAL
      INC.  
	 CORPORATION 
      	 	  	  
	  	 	 	 	 
	  	  	 	 Per:  	
      /s/ David Stadnyk  
	 Per:  	
      /s/ Anish Somani  	 	  	 Authorized Signatory 
      
	  	 Authorized Signatory 
      	 	  	  
	  	 	 	 	 
	  	 	 	 	 
	  	 	 	 	 
	  	 	 	 	 
	/s/
      Byron Cox 	 	  	  
	 Byron Cox

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