Document:

Unassociated Document

    EXHIBIT
      10.1

    EL
      CAPITAN PRECIOUS METALS, INC.

    

    2005
      STOCK INCENTIVE PLAN

    (as
      amended through April 12, 2007)

    

    1. Purpose.
      The
      purpose of the 2005 Stock Incentive Plan (the “Plan”) of El Capitan Precious
      Metals, Inc. (the “Company”) is to increase stockholder value and to advance the
      interests of the Company by furnishing a variety of economic incentives
      (“Incentives'”) designed to attract, retain and motivate employees, certain key
      consultants and directors of the Company. Incentives may consist of
      opportunities to purchase or receive shares of Common Stock, $0.001 par value
      per share, of the Company (“Common Stock”) on terms determined under this
      Plan.

    

    2. Administration.
      The
      Plan shall be administered by the board of directors of the Company (the “Board
      of Directors”) or by a stock option or compensation committee (the “Committee”)
      of the Board of Directors. The Committee shall consist of not less than two
      directors of the Company and shall be appointed from time to time by the Board
      of Directors. Each member of the Committee shall be (i) a “non-employee
      director” within the meaning of Rule 16b-3 of the Securities
      Exchange Act of 1934 (including the regulations promulgated thereunder, the
      “1934 Act”)
      (a “Non-Employee Director”), and
      (ii)
      shall be an “outside director” within the meaning of Section 162(m) under the
      Internal Revenue Code of 1986, as amended (the “Code”) and the regulations
      promulgated thereunder. The Committee shall have complete authority to award
      Incentives under the Plan, to interpret the Plan, and to make any other
      determination which it believes necessary and advisable for the proper
      administration of the Plan. The Committee’s decisions and matters relating to
      the Plan shall be final and conclusive on the Company and its participants.
      If
      at any time there is no stock option or compensation committee, the term
“Committee,” as used in the Plan, shall refer to the Board of
      Directors.

    

    3. Eligible
      Participants.
      Officers of the Company, employees of the Company or its subsidiaries, members
      of the Board of Directors, and consultants or other independent contractors
      who
      provide services to the Company or its subsidiaries shall be eligible to receive
      Incentives under the Plan when designated by the Committee. Participants may
      be
      designated individually or by groups or categories (for example, by pay grade)
      as the Committee deems appropriate. Participation by officers of the Company
      or
      its subsidiaries and any performance objectives relating to such officers must
      be approved by the Committee. Participation by others and any performance
      objectives relating to others may be approved by groups or categories (for
      example, by pay grade) and authority to designate participants who are not
      officers and to set or modify such targets may be delegated.

    

    4. Types
      of Incentives.
      Incentives under the Plan may be granted in any one or a combination of the
      following forms: (a) incentive stock options and non-statutory stock
      options (section 6); (b) stock appreciation rights (“SARs”) (section 7); (c)
      stock awards (section 8); (d) restricted stock (section 8); and (e) performance
      shares (section 9). 

     

    
      
         

      

      
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    5. Shares
      Subject to the Plan.

    

    5.1. Number
      of Shares.
      Subject
      to adjustment as provided in Section 10.6, the number of shares of Common Stock
      which may be issued under the Plan shall not exceed 8,000,000 shares of Common
      Stock. Shares of Common Stock that are issued under the Plan or are subject
      to
      outstanding Incentives will be applied to reduce the maximum number of shares
      of
      Common Stock remaining available for issuance under the Plan.

    

    5.2. Cancellation.
      To the
      extent that cash in lieu of shares of Common Stock is delivered upon the
      exercise of an SAR pursuant to Section 7.4, the Company shall be deemed, for
      purposes of applying the limitation on the number of shares, to have issued
      the
      greater of the number of shares of Common Stock which it was entitled to issue
      upon such exercise or on the exercise of any related option. In the event that
      a
      stock option or SAR granted hereunder expires or is terminated or canceled
      unexercised as to any shares of Common Stock, such shares may again be issued
      under the Plan either pursuant to stock options, SARs or otherwise. In the
      event
      that shares of Common Stock are issued as restricted stock or pursuant to a
      stock award and thereafter are forfeited or reacquired by the Company pursuant
      to rights reserved upon issuance thereof, such forfeited and reacquired shares
      may again be issued under the Plan, either as restricted stock, pursuant to
      stock awards or otherwise. The Committee may also determine to cancel, and
      agree
      to the cancellation of, stock options in order to make a participant eligible
      for the grant of a stock option at a lower price than the option to be canceled.
      

    

    5.3. Type
      of Common Stock.
      Common
      Stock issued under the Plan in connection with stock options, SARs, performance
      shares, restricted stock or stock awards, may be authorized and unissued shares
      or treasury stock, as designated by the Committee.

    

    6. Stock
      Options.
      A stock
      option is a right to purchase shares of Common Stock from the Company. Each
      stock option granted by the Committee under this Plan shall be subject to the
      following terms and conditions:

    

    6.1. Price.
      The
      option price per share shall be determined by the Committee, subject to
      adjustment under Section 10.6.

    

    6.2. Number.
      The
      number of shares of Common Stock subject to the option shall be determined
      by
      the Committee, subject to adjustment as provided in Section 10.6. The number
      of
      shares of Common Stock subject to a stock option shall be reduced in the same
      proportion that the holder thereof exercises a SAR if any SAR is granted in
      conjunction with or related to the stock option. Notwithstanding the foregoing,
      no person shall receive grants of Stock Options under the Plan that exceed
      2,000,000 shares during any one fiscal year of the Company. 

     

    
      
         

      

      
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    6.3. Duration
      and Time for Exercise.
      Subject
      to earlier termination as provided in Section 10.4, the term of each stock
      option shall be determined by the Committee but shall not exceed ten years
      and
      one day from the date of grant. Each stock option shall become exercisable
      at
      such time or times during its term as shall be determined by the Committee
      at
      the time of grant. The Committee may accelerate the exercisability of any stock
      option. Subject to the foregoing and with the approval of the Committee, all
      or
      any part of the shares of Common Stock with respect to which the right to
      purchase has accrued may be purchased by the Company at the time of such accrual
      or at any time or times thereafter during the term of the option at such price
      and on such terms as the Company and the optionee shall mutually agree;
provided,
      however,
      that any
      shares so repurchased shall not be available for re-issuance under the
      Plan.

    

    6.4. Manner
      of Exercise.
      A stock
      option may be exercised, in whole or in part, by giving written notice to the
      Company, specifying the number of shares of Common Stock to be purchased and
      accompanied by the full purchase price for such shares. The option price shall
      be payable (a) in United States dollars upon exercise of the option and may
      be
      paid by cash, uncertified or certified check or bank draft; (b) at the
      discretion of the Committee, by delivery of shares of Common Stock in payment
      of
      all or any part of the option price, which shares shall be valued for this
      purpose at the Fair Market Value on the date such option is exercised; or (c)
      at
      the discretion of the Committee, by instructing the Company to withhold from
      the
      shares of Common Stock issuable upon exercise of the stock option shares of
      Common Stock in payment of all or any part of the exercise price and/or any
      related withholding tax obligations, which shares shall be valued for this
      purpose at the Fair Market Value or in such other manner as may be authorized
      from time to time by the Committee. The shares of Common Stock delivered by
      the
      participant pursuant to Section 6.4(b) must have been held by the participant
      for a period of not less than six months prior to the exercise of the option,
      unless otherwise determined by the Committee. Prior to the issuance of shares
      of
      Common Stock upon the exercise of a stock option, a participant shall have
      no
      rights as a stockholder.

    

    6.5. Incentive
      Stock Options.
      Notwithstanding anything in the Plan to the contrary, the following additional
      provisions shall apply to the grant of stock options which are intended to
      qualify as Incentive Stock Options (as such term is defined in Section 422
      of
      the Code):

    

    (a) The
      aggregate Fair Market Value (determined as of the time the option is granted)
      of
      the shares of Common Stock with respect to which Incentive Stock Options are
      exercisable for the first time by any participant during any calendar year
      (under all of the Company’s plans) shall not exceed $100,000. The determination
      will be made by taking incentive stock options into account in the order in
      which they were granted. If such excess only applies to a portion of an
      Incentive Stock Option, the Committee, in its discretion, will designate which
      shares will be treated as shares to be acquired upon exercise of an Incentive
      Stock Option.

    

    
      
         

      

      
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    (b) Any
      Incentive Stock Option certificate authorized under the Plan shall contain
      such
      other provisions as the Committee shall deem advisable, but shall in all events
      be consistent with and contain all provisions required in order to qualify
      the
      options as Incentive Stock Options.

    

    (c) All
      Incentive Stock Options must be granted within ten years from the earlier of
      the
      date on which this Plan was adopted by Board of Directors.

    

    (d) Unless
      sooner exercised, all Incentive Stock Options shall expire no later than 10
      years after the date of grant.

    

    (e) The
      option price for Incentive Stock Options shall be not less than the Fair Market
      Value of the Common Stock subject to the option on the date of
      grant.

    

    (f) If
      Incentive Stock Options are granted to any participant who, at the time such
      option is granted, would own (within the meaning of Section 422 of the Code)
      stock possessing more than 10% of the total combined voting power of all classes
      of stock of the employer corporation or of its parent or subsidiary corporation,
      (i) the option price for such Incentive Stock Options shall be not less than
      110% of the Fair Market Value of the Common Stock subject to the option on
      the
      date of grant and (ii) such Incentive Stock Options shall expire no later than
      five years after the date of grant.

    

    7. Stock
      Appreciation Rights.
      An SAR
      is a right to receive, without payment to the Company, a number of shares of
      Common Stock, cash or any combination thereof, the amount of which is determined
      pursuant to the formula set forth in Section 7.4. An SAR may be granted (a)
      with
      respect to any stock option granted under this Plan, either concurrently with
      the grant of such stock option or at such later time as determined by the
      Committee (as to all or any portion of the shares of Common Stock subject to
      the
      stock option), or (b) alone, without reference to any related stock option.
      Each
      SAR granted by the Committee under this Plan shall be subject to the following
      terms and conditions:

    

    7.1. Number.
      Each
      SAR granted to any participant shall relate to such number of shares of Common
      Stock as shall be determined by the Committee, subject to adjustment as provided
      in Section 10.6. In the case of an SAR granted with respect to a stock option,
      the number of shares of Common Stock to which the SAR pertains shall be reduced
      in the same proportion that the holder of the option exercises the related
      stock
      option.

     

    
      
         

      

      
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    7.2. Duration.
      Subject
      to earlier termination as provided in Section 10.4, the term of each SAR shall
      be determined by the Committee but shall not exceed ten years and one day from
      the date of grant. Unless otherwise provided by the Committee, each SAR shall
      become exercisable at such time or times, to such extent and upon such
      conditions as the stock option, if any, to which it relates is exercisable.
      The
      Committee may in its discretion accelerate the exercisability of any
      SAR.

    

    7.3. Exercise.
      An SAR
      may be exercised, in whole or in part, by giving written notice to the Company,
      specifying the number of SARs which the holder wishes to exercise. Upon receipt
      of such written notice, the Company shall, within 90 days thereafter, deliver
      to
      the exercising holder certificates for the shares of Common Stock or cash or
      both, as determined by the Committee, to which the holder is entitled pursuant
      to Section 7.4.

    

    7.4. Payment.
      Subject
      to the right of the Committee to deliver cash in lieu of shares of Common Stock
      (which, as it pertains to officers and directors of the Company, shall comply
      with all requirements of the 1934 Act), the number of shares of Common Stock
      which shall be issuable upon the exercise of an SAR shall be determined by
      dividing:

    

    (a) the
      number of shares of Common Stock as to which the SAR is exercised multiplied
      by
      the amount of the appreciation in such shares (for this purpose, the
“appreciation” shall be the amount by which the Fair Market Value of the shares
      of Common Stock subject to the SAR on the exercise date exceeds (1) in the
      case
      of an SAR related to a stock option, the purchase price of the shares of Common
      Stock under the stock option or (2) in the case of an SAR granted alone, without
      reference to a related stock option, an amount which shall be determined by
      the
      Committee at the time of grant, subject to adjustment under Section 10.6);
      by

    

    (b) the
      Fair
      Market Value of a share of Common Stock on the exercise date.

    

    In
      lieu
      of issuing shares of Common Stock upon the exercise of a SAR, the Committee
      may
      elect to pay the holder of the SAR cash equal to the Fair Market Value on the
      exercise date of any or all of the shares which would otherwise be issuable.
      No
      fractional shares of Common Stock shall be issued upon the exercise of an SAR;
      instead, the holder of the SAR shall be entitled to receive a cash adjustment
      equal to the same fraction of the Fair Market Value of a share of Common Stock
      on the exercise date or to purchase the portion necessary to make a whole share
      at its Fair Market Value on the date of exercise.

     

    
      
         

      

      
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    8. Stock
      Awards and Restricted Stock.
      A stock
      award consists of the transfer by the Company to a participant of shares of
      Common Stock, without other payment therefor, as additional compensation for
      services to the Company. A share of restricted stock consists of shares of
      Common Stock which are sold or transferred by the Company to a participant
      at a
      price determined by the Committee (which price shall be at least equal to the
      minimum price required by applicable law for the issuance of a share of Common
      Stock) and subject to restrictions on their sale or other transfer by the
      participant. The transfer of Common Stock pursuant to stock awards and the
      transfer and sale of restricted stock shall be subject to the following terms
      and conditions:

    

    8.1. Number
      of Shares.
      The
      number of shares to be transferred or sold by the Company to a participant
      pursuant to a stock award or as restricted stock shall be determined by the
      Committee.

    

    8.2. Sale
      Price.
      The
      Committee shall determine the price, if any, at which shares of restricted
      stock
      shall be sold to a participant, which may vary from time to time and among
      participants and which may be below the Fair Market Value of such shares of
      Common Stock at the date of sale.

    

    8.3. Restrictions.
      All
      shares of restricted stock transferred or sold hereunder shall be subject to
      such restrictions as the Committee may determine, including, without limitation
      any or all of the following:

    

    (a) a
      prohibition against the sale, transfer, pledge or other encumbrance of the
      shares of restricted stock, such prohibition to lapse at such time or times
      as
      the Committee shall determine (whether in annual or more frequent installments,
      at the time of the death, disability or retirement of the holder of such shares,
      or otherwise);

    

    (b) a
      requirement that the holder of shares of restricted stock forfeit, or (in the
      case of shares sold to a participant) resell back to the Company at his or
      her
      cost, all or a part of such shares in the event of termination of his or her
      employment or consulting engagement during any period in which such shares
      are
      subject to restrictions;

    

    (c) such
      other conditions or restrictions as the Committee may deem
      advisable.

    

    8.4. Escrow.
      In
      order to enforce the restrictions imposed by the Committee pursuant to Section
      8.3, the participant receiving restricted stock shall enter into an agreement
      with the Company setting forth the conditions of the grant. Shares of restricted
      stock shall be registered in the name of the participant and deposited, together
      with a stock power endorsed in blank, with the Company. Each such certificate
      shall bear a legend in substantially the following form:

     

    
      
         

      

      
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    The
      transferability of this certificate and the shares of Common Stock represented
      by it are subject to the terms and conditions (including conditions of
      forfeiture) contained in the 2005 Stock Incentive Plan of El Capitan Precious
      Metals, Inc. (the “Company”), and an agreement entered into between the
      registered owner and the Company. A copy of the Plan and the agreement is on
      file in the office of the secretary of the Company.

    

    8.5. End
      of
      Restrictions.
      Subject
      to Section 10.5, at the end of any time period during which the shares of
      restricted stock are subject to forfeiture and restrictions on transfer, such
      shares will be delivered free of all restrictions to the participant or to
      the
      participant's legal representative, beneficiary or heir.

    

    8.6. Stockholder.
      Subject
      to the terms and conditions of the Plan, each participant receiving restricted
      stock shall have all the rights of a stockholder with respect to shares of
      stock
      during any period in which such shares are subject to forfeiture and
      restrictions on transfer, including without limitation, the right to vote such
      shares. Dividends paid in cash or property other than Common Stock with respect
      to shares of restricted stock shall be paid to the participant
      currently.

    

    9. Performance
      Shares.
      A
      performance share consists of an award which shall be paid in shares of Common
      Stock, as described below. The grant of performance share shall be subject
      to
      such terms and conditions as the Committee deems appropriate, including the
      following:

    

    9.1. Performance
      Objectives.
      Each
      performance share will be subject to performance objectives for the Company
      or
      one of its operating units to be achieved by the end of a specified period.
      The
      number of performance shares granted shall be determined by the Committee and
      may be subject to such terms and conditions, as the Committee shall determine.
      If the performance objectives are achieved, each participant will be paid in
      shares of Common Stock or cash. If such objectives are not met, each grant
      of
      performance shares may provide for lesser payments in accordance with formulas
      established in the award.

    

    9.2. Not
      Stockholder.
      The
      grant of performance shares to a participant shall not create any rights in
      such
      participant as a stockholder of the Company, until the payment of shares of
      Common Stock with respect to an award.

    

    9.3. No
      Adjustments.
      No
      adjustment shall be made in performance shares granted on account of cash
      dividends which may be paid or other rights which may be issued to the holders
      of Common Stock prior to the end of any period for which performance objectives
      were established.

     

    
      
         

      

      
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    9.4. Expiration
      of Performance Share.
      If any
      participant's employment or consulting engagement with the Company is terminated
      for any reason other than normal retirement, death or disability prior to the
      achievement of the participant's stated performance objectives, all the
      participant's rights on the performance shares shall expire and terminate unless
      otherwise determined by the Committee. In the event of termination of employment
      or consulting by reason of death, disability, or normal retirement, the
      Committee, in its own discretion may determine what portions, if any, of the
      performance shares should be paid to the participant.

    

    10. General.

    

    10.1. Effective
      Date.
      The
      Plan will become effective upon its approval by the Board of Directors.

    

    10.2. Duration.
      The
      Plan shall remain in effect until all Incentives granted under the Plan have
      either been satisfied by the issuance of shares of Common Stock or the payment
      of cash or been terminated under the terms of the Plan and all restrictions
      imposed on shares of Common Stock in connection with their issuance under the
      Plan have lapsed. No Incentives may be granted under the Plan after the tenth
      anniversary of the date the Plan is approved by the Board of
      Directors.

    

    10.3. Non-transferability
      of Incentives.
      No
      stock option, SAR, restricted stock or performance award may be transferred,
      pledged or assigned by the holder thereof (except, in the event of the holder's
      death, by will or the laws of descent and distribution to the limited extent
      provided in the Plan or the Incentive), or pursuant to a qualified domestic
      relations order as defined by the Code or Title I of the Employee Retirement
      Income Security Act, or the rules thereunder, and the Company shall not be
      required to recognize any attempted assignment of such rights by any
      participant. Notwithstanding the preceding sentence, stock options may be
      transferred by the holder thereof to Employee’s spouse, children, grandchildren
      or parents (collectively, the “Family Members”), to trusts for the benefit of
      Family Members, to partnerships or limited liability companies in which Family
      Members are the only partners or shareholders, or to entities exempt from
      federal income taxation pursuant to Section 501(c)(3) of the Internal Revenue
      Code of 1986, as amended. During a participant’s lifetime, a stock option may be
      exercised only by him or her, by his or her guardian or legal representative
      or
      by the transferees permitted by the preceding sentence.

    

    10.4. Effect
      of Termination or Death.
      In the
      event that a participant ceases to be an employee of or consultant to the
      Company for any reason, including death or disability, any Incentives may be
      exercised or shall expire at such times as may be determined by the
      Committee.

     

    
      
         

      

      
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    10.5. Additional
      Condition.
      Notwithstanding anything in this Plan to the contrary: (a) the Company may,
      if
      it shall determine it necessary or desirable for any reason, at the time of
      award of any Incentive or the issuance of any shares of Common Stock pursuant
      to
      any Incentive, require the recipient of the Incentive, as a condition to the
      receipt thereof or to the receipt of shares of Common Stock issued pursuant
      thereto, to deliver to the Company a written representation of present intention
      to acquire the Incentive or the shares of Common Stock issued pursuant thereto
      for his or her own account for investment and not for distribution; and (b)
      if
      at any time the Company further determines, in its sole discretion, that the
      listing, registration or qualification (or any updating of any such document)
      of
      any Incentive or the shares of Common Stock issuable pursuant thereto is
      necessary on any securities exchange or under any federal or state securities
      or
      blue sky law, or that the consent or approval of any governmental regulatory
      body is necessary or desirable as a condition of, or in connection with the
      award of any Incentive, the issuance of shares of Common Stock pursuant thereto,
      or the removal of any restrictions imposed on such shares, such Incentive shall
      not be awarded or such shares of Common Stock shall not be issued or such
      restrictions shall not be removed, as the case may be, in whole or in part,
      unless such listing, registration, qualification, consent or approval shall
      have
      been effected or obtained free of any conditions not acceptable to the
      Company.

    

    10.6. Adjustment.
      In the
      event of any recapitalization, stock dividend, stock split, combination of
      shares or other change in the Common Stock, the number of shares of Common
      Stock
      then subject to the Plan, including shares subject to restrictions, options
      or
      achievements of performance shares, shall be adjusted in proportion to the
      change in outstanding shares of Common Stock. In the event of any such
      adjustments, the purchase price of any option, the performance objectives of
      any
      Incentive, and the shares of Common Stock issuable pursuant to any Incentive
      shall be adjusted as and to the extent appropriate, in the discretion of the
      Committee, to provide participants with the same relative rights before and
      after such adjustment.

    

    10.7. Incentive
      Plans and Agreements.
      Except
      in the case of stock awards, the terms of each Incentive shall be stated in
      a
      plan or agreement approved by the Committee. The Committee may also determine
      to
      enter into agreements with holders of options to reclassify or convert certain
      outstanding options, within the terms of the Plan, as Incentive Stock Options
      or
      as non-statutory stock options and in order to eliminate SARs with respect
      to
      all or part of such options and any other previously issued
      options.

    

    10.8. Withholding.

     

    
      
         

      

      
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    (a) The
      Company shall have the right to withhold from any payments made under the Plan
      or to collect as a condition of payment, any taxes required by law to be
      withheld. At any time when a participant is required to pay to the Company
      an
      amount required to be withheld under applicable income tax laws in connection
      with a distribution of Common Stock or upon exercise of an option or SAR, the
      participant may satisfy this obligation in whole or in part by electing (the
      “Election”) to have the Company withhold from the distribution shares of Common
      Stock having a value up to the minimum amount of withholding taxes required
      to
      be collected on the transaction. The value of the shares to be withheld shall
      be
      based on the Fair Market Value of the Common Stock on the date that the amount
      of tax to be withheld shall be determined (“Tax Date”).

    

    (b) Each
      Election must be made prior to the Tax Date. The Committee may disapprove of
      any
      Election, may suspend or terminate the right to make Elections, or may provide
      with respect to any Incentive that the right to make Elections shall not apply
      to such Incentive. An Election is irrevocable.

    

    10.9. No
      Continued Employment, Engagement or Right to Corporate Assets.
      No
      participant under the Plan shall have any right, because of his or her
      participation, to continue in the employ of the Company for any period of time
      or to any right to continue his or her present or any other rate of
      compensation. Nothing contained in the Plan shall be construed as giving an
      employee, a consultant, such persons' beneficiaries or any other person any
      equity or interests of any kind in the assets of the Company or creating a
      trust
      of any kind or a fiduciary relationship of any kind between the Company and
      any
      such person.

    

    10.10. Deferral
      Permitted.
      Payment
      of cash or distribution of any shares of Common Stock to which a participant
      is
      entitled under any Incentive shall be made as provided in the Incentive. Payment
      may be deferred at the option of the participant if provided in the
      Incentive.

    

    10.11. Amendment
      of the Plan.
      The
      Board may amend, suspend or discontinue the Plan at any time; provided, however,
      that no amendments to the Plan will be effective without approval of the
      shareholders of the Company if shareholder approval of the amendment is then
      required pursuant to Section 422 of the Code or the rules of any stock exchange
      or Nasdaq or similar regulatory body.

    

    10.12
      Sale,
      Merger, Exchange or Liquidation.
      Unless
      otherwise provided in the agreement for an Incentive, in the event of an
      acquisition of the Company through the sale of substantially all of the
      Company's assets or through a merger, exchange, reorganization or liquidation
      of
      the Company or a similar event as determined by the Committee (collectively
      a
“transaction”), the Committee shall be authorized, in its sole discretion, to
      take any and all action it deems equitable under the circumstances, including
      but not limited to any one or more of the following:

     

    
      
         

      

      
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    (1)
       providing
      that the Plan and all Incentives shall terminate and the holders of (i) all
      outstanding vested options shall receive, in lieu of any shares of Common Stock
      they would be entitled to receive under such options, such stock, securities
      or
      assets, including cash, as would have been paid to such participants if their
      options had been exercised and such participant had received Common Stock
      immediately prior to such transaction (with appropriate adjustment for the
      exercise price, if any), (ii) performance shares and/or SARs that entitle
      the participant to receive Common Stock shall receive, in lieu of any shares
      of
      Common Stock each participant was entitled to receive as of the date of the
      transaction pursuant to the terms of such Incentive, if any, such stock,
      securities or assets, including cash, as would have been paid to such
      participant if such Common Stock had been issued to and held by the participant
      immediately prior to such transaction, and (iii) any Incentive under this
      Agreement which does not entitle the participant to receive Common Stock shall
      be equitably treated as determined by the Committee. 

    

    (2)
      providing that participants holding outstanding vested Common Stock based
      Incentives shall receive, with respect to each share of Common Stock issuable
      pursuant to such Incentives as of the effective date of any such transaction,
      at
      the determination of the Committee, cash, securities or other property, or
      any
      combination thereof, in an amount equal to the excess, if any, of the Fair
      Market Value of such Common Stock on a date within ten days prior to the
      effective date of such transaction over the option price or other amount owed
      by
      a participant, if any, and that such Incentives shall be cancelled, including
      the cancellation without consideration of all options that have an exercise
      price below the per share value of the consideration received by the Company
      in
      the transaction. 

    

    (3)
      providing that the Plan (or replacement plan) shall continue with respect to
      Incentives not cancelled or terminated as of the effective date of such
      transaction and provide to participants holding such Incentives the right to
      earn their respective Incentives on a substantially equivalent basis (taking
      into account the transaction and the number of shares or other equity issued
      by
      such successor entity) with respect to the equity of the entity succeeding
      the
      Company by reason of such transaction.

    

    (4)
      providing that all unvested, unearned or restricted Incentives, including but
      not limited to restricted stock for which restrictions have not lapsed as of
      the
      effective date of such transaction, shall be void and deemed terminated, or,
      in
      the alternative, for the acceleration or waiver of any vesting, earning or
      restrictions on any Incentive.

    

    The
      Board
      may restrict the rights of participants or the applicability of this
      Section 10.12 to the extent necessary to comply with Section 16(b) of the
      Securities Exchange Act of 1934, the Internal Revenue Code or any other
      applicable law or regulation. The grant of an Incentive award pursuant to the
      Plan shall not limit in any way the right or power of the Company to make
      adjustments, reclassifications, reorganizations or changes of its capital or
      business structure or to merge, exchange or consolidate or to dissolve,
      liquidate, sell or transfer all or any part of its business or assets.

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    
 

    10.13. Definition
      of Fair Market Value.
      For
      purposes of this Plan, the “Fair Market Value” of a share of Common Stock at a
      specified date shall, unless otherwise expressly provided in this Plan, be
      the
      amount which the Committee or the Board of Directors determines in good faith
      to
      be 100% of the fair market value of such a share as of the date in question;
      provided, however, that notwithstanding the foregoing, if such shares are listed
      on a U.S. securities exchange or are quoted on the Nasdaq National Market or
      Nasdaq Small-Cap Market (“Nasdaq”), then Fair Market Value shall be determined
      by reference to the last sale price of a share of Common Stock on such U.S.
      securities exchange or Nasdaq on the applicable date. If such U.S. securities
      exchange or Nasdaq is closed for trading on such date, or if the Common Stock
      does not trade on such date, then the last sale price used shall be the one
      on
      the date the Common Stock last traded on such U.S. securities exchange or
      Nasdaq.

    

    
      
         

      

      
        12MANAGEMENT
      AGREEMENT

    

    THIS
      AGREEMENT
      is made
      and dated for reference effective as of the 24th
      day of
      July, 2007

    

    BETWEEN:

    

    URANIUM
      308 CORP.,
      a
      company duly incorporated under the laws of the State of Nevada, and having
      an
      address for notice and delivery located at 2820
      W.
      Charleston, Suite 22, Las Vegas, Nevada 89102

    

    (the
      “Company”);

    

    OF
      THE FIRST PART

    

    AND:

    DENNIS
      TAN,
      an
      individual having an address for delivery located at 201 Makiling St., Ayala
      Alabang Village, Muntinlupa City, Philippines.

    

    (the
      “Consultant”);

    

    OF
      THE SECOND PART

    

    (the
      Company, or the Consultant, being hereinafter singularly also referred to as
      a
“Party”
and
      collectively referred to as the “Parties”
as
      the
      context so requires).

    

    WHEREAS:

    

    A. The
      Company is a reporting issuer in the United States duly incorporated in the
      State of Nevada and is in the business of mineral exploration and development
      focusing on uranium;

    

    B. The
      Company wishes to employ the Consultant to provide services as President and
      CEO
      of the Company;

    

    C. The
      Consultant has determined to accept the engagement by the
      Company;

    

    NOW
      THEREFORE THIS AGREEMENT WITNESSETH that
      in
      consideration of the mutual covenants and provisos herein contained, THE
      PARTIES HERETO AGREE AS FOLLOWS:

    

    Article
      I

    

    INTERPRETATION

    

    1.1 Definitions.
      For all
      purposes of this Agreement, except as otherwise expressly provided or unless
      the
      context otherwise requires, the following words and phrases shall have the
      following meanings:

    

    
      	 	
              (a)

            	
              “Agreement”
                means this Agreement as from time to time supplemented or
                amended;

            

    

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    
      	 	
              (b)

            	
              “Base
                Fee”
                means that compensation set forth in section “4.1”
                below;

            

    

    

    
      	 	
              (c)

            	
              “Board
                of Directors” or “Board”
                means the Board of Directors of the Company, or any successors to
                the
                Company, as duly constituted from time to
                time;

            

    

    

    
      	 	
              (d)

            	
              “Effective
                Date”
                has the meaning ascribed to it in section “3.1”
                hereinbelow;

            

    

    

    
      	 	
              (e)

            	
              “Indemnified
                Party”
                has the meaning ascribed to it in section “6.1”
                hereinbelow;

            

    

    

    
      	 	
              (f)

            	
              “Non-Renewal
                Notice”
                has the meaning ascribed to it in section “3.2”
                hereinbelow;

            

    

    

    
      	 	
              (g)

            	
              “Term”
                has the meaning ascribed to it in section “3.1”
                hereinbelow; and

            

    

    

    
      	 	
              (h)

            	
              “Termination
                Fee”
                has the meaning ascribed to it in section “3.4
                below.

            

    

    

    1.2 Interpretation. For
      the
      purposes of this Agreement, except as otherwise expressly provided or unless
      the
      context otherwise requires,:

    

    
      	 	
              (a)

            	
              the
                words “herein”,
                “hereof”
                and “hereunder”
                and other words of similar import refer to this Agreement as a whole
                and
                not to any particular Article, section or other subdivision of this
                Agreement;

            

    

    

    
      	 	
              (b)

            	
              the
                headings are for convenience only and do not form a part of this
                Agreement
                nor are they intended to interpret, define or limit the scope or
                extent of
                this or any provision of this
                Agreement;

            

    

    

    
      	 	
              (c)

            	
              any
                reference to an entity shall include and shall be deemed to be a
                reference
                to any entity that is a successor to such entity;
                and

            

    

    

    
      	 	
              (d)

            	
              words
                in the singular include the plural and words in the masculine gender
                include the feminine and neuter genders, and vice
                versa.

            

    

     

    Article
      II

    

    SERVICES
      AND DUTIES OF THE CONSULTANT

    

    2.1 General
      Services.
      During
      the Term (as hereinafter defined) of this Agreement the Consultant will provide
      the Company with such general corporate, administrative, technical and
      management services as is considered necessary or advisable by the Consultant
      for the due and proper management of the Company to achieve the goals and needs
      of the Company as determined by the policies and proceedings of management
      and
      the Board of Directors and is considered advisable and within the normal duties
      of a President and CEO (collectively, the “Services”).

    

    2.2 Specific
      Services.
      Without
      limiting the generality of the Services to be provided as set forth in section
      “2.1”
      hereinabove, it is hereby acknowledged and agreed that the Consultant will
      provide the following specific services:

    

    
      	 	
              (a)

            	
              supervision
                of the hiring of competent personnel as are required for the efficient
                operation of the Company’s
                business;

            

    

    

    
      	 	
              (b)

            	
              the
                management and supervision of the performance of personnel and of
                the
                operation of various business enterprises of the Company as approved
                by
                the Board;

            

    

     

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    
 

    
      	 	
              (c)

            	
              the
                identification of business opportunities for the Company, the conduct
                of
                due diligence, and assistance in the negotiation and conclusion of
                contracts for such opportunities;

            

    

    

    
      	 	
              (d)

            	
              assistance
                in the coordination and administration of all development programs
                of the
                Company together with all capital funding projects and resources
                which are
                necessarily incidental thereto;

            

    

    

    
      	 	
              (e)

            	
              assistance
                in the coordination of the
                preparation and dissemination of business plans and reports for the
                Company;

            

    

    

    
      	 	
              (f)

            	
              assistance
                in the liaison
                with and the setting up of corporate alliances for the Company with
                major
                companies and customers, the Company’s auditors, the Company’s solicitors
                and the Company’s affiliated companies and business partners;
                and

            

    

    

    
      	 	
              (g)

            	
              such
                other activities as are necessary or incidental from time to
                time.

            

    

    

    2.3 Company
      Support.
      The
      Company shall reasonably make available all such resources as shall be required
      for the Consultant to perform the Services and otherwise to fulfill the
      requirements of this Agreement. The Company warrants it shall provide the
      Consultant with all such reasonable resources, financial and otherwise, as
      the
      Consultant shall require to fulfill its reasonable goals as determined by the
      Board and this Agreement.

    

    Article
      III

    

    TERM,
      RENEWAL AND TERMINATION

    

    3.1 Term.
      The
      Term of this Agreement (the “Term”)
      is for
      a period of three (3) years commencing on August 1, 2007 (the “Effective
      Date”)
      and
      terminating July 31, 2010.

    

    3.2 Renewal.
      This
      Agreement shall renew automatically for subsequent two-year periods if not
      specifically terminated in accordance with the following provisions. Renewal
      shall be on the same terms and conditions contained herein, unless modified
      and
      agreed to in writing by the Parties, and this Agreement shall remain in full
      force and effect (with any collateral written amendments) without the necessity
      to execute a new document. A Party hereto determining not to renew agrees to
      notify the other Parties hereto in writing at least 90 calendar days prior
      to
      the end of the Term of its intent not to renew this Agreement (the “Non-Renewal
      Notice”)
      and
      such non-renewal shall be subject to the Termination Fee provisions of sec.
      3.4.

    

    3.3 Termination.
      Notwithstanding any other provision of this Agreement, this Agreement may be
      terminated by a Party upon written notice if:

    

    
      	 	
              (a)

            	
              the
                other Party fails to cure a material breach of any provision of this
                Agreement within 30 calendar days from its receipt of written notice
                from
                said Party (unless such breach cannot be reasonably cured within
                said 30
                calendar days and the other Party is actively pursuing curing of
                said
                breach); or

            

    

    

    
      	 	
              (b)

            	
              the
                other Party commits fraud or serious neglect or misconduct or illegal
                act
                in the discharge of its respective duties hereunder or under the
                law;
                or

            

    

    

    
      	 	
              (c)

            	
              the
                other Party becomes adjudged bankrupt or a petition for reorganization
                or
                arrangement under any law relating to bankruptcy, and where any such
                petition is not dismissed;

            

    

     

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

     

    but
      that
      the Consultant shall have the right to receive the Termination Fee (defined
      below) regardless of the reason for termination, without prejudice to any rights
      of counter-claim in the event of damages for fraud or misconduct and without
      prejudice to the right to recovery in the event of judgement.

    

    3.4 Termination
      Fee.
      In the
      event that this Agreement is terminated (by act or constructively), or fails
      to
      renew due to failure of agreement after the issuance of a Non-Renewal Notice,
      or
      otherwise at the termination of this Agreement, the Consultant shall receive
      a
      termination fee (the “Termination
      Fee”)
      of the
      greater of:

    

    
      	 	
              (a)

            	
              the
                aggregate remaining Base Fee for the unexpired remainder of the Term;
                or

            

    

    

    
      	
            	(b)	
              a
                six month Base Fee (Base Fee multiplied by
                six).

            

    

    

    At
      the
      Company’s election the Termination Fee may be paid in 12 equal monthly
      installments commencing with the first payment on the effective date of
      termination.

    

    3.5 Disability.
      If the
      Consultant is unable to continue to provide the Services, whether through
      disability or otherwise, and the Consultant consequently is unable to provide
      the Services adequately, then the Company may terminate this Agreement as a
      without fault termination and the Termination Fee shall be payable in accordance
      with Section 3.4. 

    

    3.6 Death.
      In the
      event that the Consultant is unable to provide the Services due to the death
      of
      the Consultant, the Company may terminate this Agreement as a without fault
      termination and the Termination Fee shall be payable in accordance with section
      3.4. 

    

    Article
      IV

    

    COMPENSATION
      OF THE CONSULTANT

    

    4.1 Base
      Fee.
      The
      Consultant shall be compensated on a monthly basis from the Effective Date
      of
      this Agreement by a basic monthly fee of ten thousand (US$10,000) dollars USD
      (the “Base
      Fee”).

    

    4.2 Base
      Fee Adjustment.
      The Base
      Fee may be renegotiated annually at the request of either Party. In the event
      that the Parties cannot agree then the Base Fee shall be increased by the
      greater of 5% or the amount of the cost of living index increase as published
      by
      the U.S. Federal government in its final annual publication of such reports.
      

    

    4.3 Discretionary
      Bonus.
      The Base
      Fee shall not exclude the granting of discretionary bonuses to the Consultant
      by
      the Company from time-to-time. 

    

    4.4 Reimbursement
      of Expenses.
      The
      Consultant shall be funded for or reimbursed for all reasonable expenses
      incurred, or to be incurred, by the Consultant for the benefit of the Company
      within 30 days of submission of invoice and support therefor. 

    

    4.5 Vacation.
      The
      Consultant shall be entitled to up to three weeks paid vacation per year.

    

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    Article
      V

    

    ADDITIONAL
      OBLIGATIONS OF THE CONSULTANT

    

    5.1 No
      Conflict.
      During
      this Agreement the Consultant will not engage in any business which reasonably
      may detract from, compete with or conflict with the Consultant’s duties and
      obligations to the Company as set forth in this Agreement, without disclosure
      to
      the Board of Directors of the Company, and will not do so if the Board of
      Directors objects.

    

    5.2 Confidentiality.
      The
      Consultant will not, except as authorized or required by the Consultant’s duties
      hereunder, reveal or divulge to any person or companies any information
      concerning the organization, business, finances, transactions or other affairs
      of the Company, or of any of its subsidiaries, which may come to the
      Consultant’s knowledge during the continuance of this Agreement, and the
      Consultant will keep in complete secrecy all confidential information entrusted
      to the Consultant and will not use or attempt to use any such information in
      any
      manner which may injure or cause loss either directly or indirectly to the
      Company’s business. This restriction will continue to apply after the
      termination of this Agreement without limit in point of time but will cease
      to
      apply to information or knowledge which may come into the public
      domain.

    

    5.3 Compliance
      with Applicable Laws.
      The
      Consultant will comply with all U.S. and foreign laws, whether federal,
      provincial or state, applicable to the Consultant’s duties hereunder and, in
      addition, hereby represents and warrants that any information which the
      Consultant may provide to any person or company hereunder will be accurate
      and
      complete in all material respects and not misleading, and will not omit to
      state
      any fact or information which would be material to such person or
      company.

    

    5.4 Reporting.
      So
      often as may be required by the Board of Directors, the Consultant will provide
      to the Board of Directors of the Company such information concerning the results
      of the Consultant’s Services and activities hereunder as the Board of Directors
      of the Company may reasonably require. 

    

    Article
      VI

    

    INDEMNIFICATION
      AND LEGAL PROCEEDINGS

    

    6.1 Indemnification.
      The
      Consultant (the “Indemnified
      Party”)
      shall
      be indemnified and funded on a current basis for all losses, damages, legal
      expenses, and any other expenses or costs of any nature which may be occasioned
      by its service with the Company. Inter alia, this indemnity shall apply to
      all
      manner of actions, proceedings, or prosecutions, whether civil, regulatory,
      or
      criminal, to which the Indemnified Party may be subject due in whole or in
      part
      to the Services provided herein or by virtue of any office held. This indemnity
      shall apply both during and after its Term for all matters arising during the
      Term, and any extension, until any limitation period has expired in respect
      to
      any action which might be contemplated. The Company shall not refuse coverage
      for any purpose or reason and a strict presumption of innocence shall be applied
      and the Company may only seek refund of any coverage in the case of finding
      of
      fraud or criminal culpability, after exhaustion of all appeals. The Company
      shall diligently seek and support any such court approvals for the within
      indemnity as the Indemnified Party may require. The Company shall pay all such
      retainers and trust requirements as counsel for the Indemnified Party may
      require and shall pay all accounts of counsel as they come due and such accounts
      shall be rendered in the name of the Company and, further, should the Company
      fail to pay any reasonable account, it shall attorn to all such actions, summary
      judgments, and garnishing orders as such counsel may consider fit to enforce
      and
      receive payment of its account. The Company shall not seek to settle or
      compromise any action without the approval of the Indemnified Party. The Company
      warrants it shall employ due diligence and good faith and seek the best
      interests of the Indemnified Party as defendants in any action or prosecution.
      The Indemnified Party shall permit the Company to consult with their counsel
      and
      to be informed of any matters thereof, subject only to any requirements for
      legal privilege purposes. The Company shall make the Consultant party to all
      liability insurance policies, to the full extent permitted by such policies,
      which may be acquired for the benefit of all or any of the Board or
      management.

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    

    6.2 Claim
      of Indemnification.
      The
      Parties hereto agree to waive any right they might have of first requiring
      the
      Indemnified Party to proceed against or enforce any other right, power, remedy,
      security or claim payment from any other person before claiming this
      indemnity.

    

    6.3 Notice
      of Claim.
      In case
      any action is brought against an Indemnified Party in respect of which indemnity
      may be sought, the Indemnified Party will give the Company prompt written notice
      of any such action of which the Indemnified Party has knowledge. Failure by
      the
      Indemnified Party to so notify shall not relieve the Company of its obligation
      of indemnification hereunder unless (and only to the extent that) such failure
      results in a forfeiture of substantive rights or defenses.

    

    Article
      VII

    

    FORCE
      MAJEURE

    

    7.1 Events.
      If
      either Party hereto is at any time either during this Agreement or thereafter
      prevented or delayed in complying with any provisions of this Agreement by
      reason of strikes, walk-outs, labour shortages, power shortages, fires, wars,
      acts of God, earthquakes, storms, floods, explosions, accidents, protests or
      demonstrations by environmental lobbyists or native rights groups, delays in
      transportation, breakdown of machinery, inability to obtain necessary materials
      in the open market, unavailability of equipment, governmental regulations
      restricting normal operations, shipping delays or any other reason or reasons
      beyond the control of that Party, then the time limited for the performance
      by
      that Party of its respective obligations hereunder shall be extended by a period
      of time equal in length to the period of each such prevention or
      delay.

    

    7.2 Notice.
      A Party
      shall within seven calendar days give notice to the other Party of each event
      of
force
      majeure
      under
      section “7.1”
      hereinabove, and upon cessation of such event shall furnish the other Party
      with
      notice of that event together with particulars of the number of days by which
      the obligations of that Party hereunder have been extended by virtue of such
      event of force
      majeure
      and all
      preceding events of force
      majeure.

    

    Article
      VIII

    

    NOTICE

    

    8.1 Notice.
      Each
      notice, demand or other communication required or permitted to be given under
      this Agreement shall be in writing and shall be sent by prepaid registered
      mail
      to the Party, or delivered to such Party, at the address for such Party
      specified on the front page of this Agreement. The date of receipt of such
      notice, demand or other communication shall be the date of delivery thereof
      if
      delivered, or, if given by registered mail as aforesaid, shall be deemed
      conclusively to be the third day after the same shall have been so mailed,
      except in the case of interruption of postal services for any reason whatsoever,
      in which case the date of receipt shall be the date on which the notice, demand
      or other communication is actually received by the addressee.

    

    8.2 Change
      of Address.
      Either
      Party may at any time and from time to time notify the other Party in writing
      of
      a change of address and the new address to which notice shall be given to it
      thereafter until further change.

     

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    

    Article
      IX

    

    GENERAL
      PROVISIONS

    

    9.1 Entire
      Agreement.
      This
      Agreement constitutes the entire agreement to date between the Parties hereto
      and supersedes every previous agreement, expectation, negotiation,
      representation or understanding, whether oral or written, express or implied,
      statutory or otherwise, between the Parties with respect to the subject matter
      of this Agreement.

    

    9.2 No
      relationship of Employer-Employee.
      Nothing
      contained in this Agreement shall be construed as creating the relationship
      of
      employer and employee.

    

    9.3 No
      Assignment.
      This
      Agreement may not be assigned by either Party except with the prior written
      consent of the other Party.

    

    9.4 Warranty
      of Good Faith.
      The
      Parties hereto warrant each to the other to conduct their duties and obligations
      hereof in good faith and with due diligence and to employ all reasonable
      endevours to fully comply with and conduct the terms and conditions of this
      Agreement.

    

    9.5 Further
      Assurances.
      The
      Parties will from time to time after the execution of this Agreement make,
      do,
      execute or cause or permit to be made, done or executed, all such further and
      other acts, deeds, things, devices and assurances in law whatsoever as may
      be
      required to carry out the true intention and to give full force and effect
      to
      this Agreement.

    

    9.6 Representation
      and Costs.
      It is
      hereby acknowledged by each of the Parties hereto that, as between the Company
      and the Consultant herein, Devlin Jensen, Barristers and Solicitors, acts solely
      for the Company, and that the Consultant has been advised by Devlin Jensen
      to
      obtain independent legal advice with respect to this Agreement 

    

    9.7 Applicable
      Law.
      The
      situs of this Agreement is Las Vegas, Nevada, and for all purposes this
      Agreement will be governed exclusively by and construed and enforced in
      accordance with the laws prevailing in the State of Nevada. This Agreement
      shall
      be exclusively litigated in Nevada unless the Parties voluntarily consent
      otherwise in writing.

    

    9.8 Severability
      and Construction.
      Each
      Article, section, paragraph, term and provision of this Agreement, and any
      portion thereof, shall be considered severable, and if, for any reason, any
      portion of this Agreement is determined to be invalid, contrary to or in
      conflict with any applicable present or future law, rule or regulation in a
      final unappealable ruling issued by any court, agency or tribunal with valid
      jurisdiction in a proceeding to which any Party hereto is a party, that ruling
      shall not impair the operation of, or have any other effect upon, such other
      portions of this Agreement as may remain otherwise intelligible (all of which
      shall remain binding on the Parties and continue to be given full force and
      effect as of the date upon which the ruling becomes final).

    

    9.9 Consents
      and Waivers.
      No
      consent or waiver expressed or implied by either Party in respect of any breach
      or default by the other in the performance by such other of its obligations
      hereunder shall:

    

    
      	 	
              (a)

            	
              be
                valid unless it is in writing and stated to be a consent or waiver
                pursuant to this section;

            

    

    

    
      	 	
              (b)

            	
              be
                relied upon as a consent to or waiver of any other breach or default
                of
                the same or any other obligation or constitute a general waiver under
                this
                Agreement; or

            

    

     

     

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    
 

    
      	 	
              (c)

            	
              eliminate
                or modify the need for a specific consent or waiver pursuant to this
                section in any other or subsequent
                instance.

            

    

     

    IN
      WITNESS WHEREOF
      the
      Parties hereto have hereunto set their respective hands and seals in the
      presence of their duly authorized signatories effective as at the date first
      above written.

    

      
        	
                The
                  CORPORATE SEAL of

              	
                )

              	 
	
                URANIUM
                  308 CORP.

              	
                )

              	 
	
                was
                  hereunto affixed in the presence of:

              	
                )

              	 
	 	
                )

              	 
	
                /s/
                  Ka Yu

              	
                )

              	
                (C/S)

              
	
                Authorized
                  Signatory

              	
                )

              	 
	 	 	 
	 	 	 
	
                SIGNED
                  and DELIVERED by

              	
                )

              	 
	
                DENNIS
                  TAN

              	
                )

              	 
	
                in
                  the presence of:

              	
                )

              	 
	 	
                )

              	 
	
                /s/
                  Michael Shannon

              	
                )

              	 
	
                Witness
                  Signature

              	
                )

              	 
	 	
                )

              	
                /s/
                  Dennis Tan

              
	 	
                )

              	
                DENNIS
                  TAN

              

      

     

    
      
         

      

      
        -8-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]