Document:

dbog_ex1028-70228.htm

    Exhibit
      10.28

    Daybreak
      Oil and Gas, Inc.

    601
      West
      Main Ave    Suite
      1017                Spokane,
      WA   99201

    Off:
      (509)
      232-7674                            Fax:
      (509) 455-8483

    

    

    

    OFFICE
      LEASE AGREEMENT

    

    BETWEEN: 
      TERRANCE J. DUNNE & ASSOCIATES INC. (The Tenant)

    

    AND

    

    DAYBREAK
      OIL AND GAS, INC. (The Subtenant)

    

    

    WHEREAS,
      the Tenant leases a total of 3,136 rentable square feet from Joshua Green
      Corporation (The Landlord) pursuant to a Lease Renewal and Modification
      Agreement (Schedule “A”) dated April 27, 2006 at a rental rate of $16.00 per
      square foot for the term commencing on May 1, 2006 and ending on April 30,
      2007;

    

    AND
      WHEREAS, the Subtenant has agreed to sublease from the Tenant certain offices
      and storage space from the Tenant consisting of approximately 400 square feet
      plus use of common area (Schedule “B”).

    

    NOW
      THEREFORE, in consideration of the foregoing, and for other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged,
      the
      parties hereto agree as follows:

    

    
      	
              1.

            	
              Term

            

    

    

    The
      term
      of this Agreement shall commence on the first day of August 2006 and expire
      on
      the last day of April 2007. This Agreement may be extended upon agreement by
      both parties.

    

    
      	
              2.

            	
              Rent

            

    

    

    The
      Subtenant shall pay to the Tenant $600.00 on the first day of each month during
      the term of this Agreement. If this Agreement is extended the rent shall be
      modified in accordance with Schedule “C”.

    

    
      	
              3.

            	
              Mutual
                Covenants

            

    

    

    The
      Tenant agrees to comply with the terms and conditions of the Lease Renewal
      and
      Modification Agreement and to pay the rent to the Landlord in the amounts and
      at
      the times as stipulated therein and to refrain from such acts as would cause
      the
      Landlord to terminate the Lease.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    The
      Subtenant agrees to conduct its’ business and affairs in such manner so as to
      comply with the terms and conditions of Lease Agreement dated February 1, 2002
      between the Tenant and the Landlord as amended or renewed.

    

    
      	
              4.

            	
              Waiver

            

    

    

    No
      waiver
      of any of the provisions of this Agreement shall be deemed or shall constitute
      a
      waiver of any other provision and no waiver shall constitute a continuing
      waiver. No waiver shall be binding unless executed in writing by the party
      making the waiver.

    

    
      	
              5.

            	
              Complete
                Agreement

            

    

    

    No
      supplement, modification or amendment of the Agreement shall be binding unless
      executed in writing by all parties. This Agreement constitutes the entire
      agreement between the parties and supersedes any prior agreements or
      negotiations.

    

    
      	
              6.

            	
              General
                Provisions

            

    

    

    
      	
            	
              a.

            	
              This
                Agreement shall in all respects be interpreted, enforced and governed
                under
                the laws of State of Washington. The language and all parts of this
                Agreement
                shall be in all cases construed as a whole and not strictly for or
                against
                any individual party.

            

    

    

    
      	
            	
              b.

            	
              Any
                dispute arising under in any way related to this agreement shall
                be
                submitted
                to binding arbitration by the American Arbitration Association in
                accordance
                with the Association’s commercial rules then in effect. The arbitration
                may be conducted in person, by telephone or online as agreed by all
                parties. The arbitration shall be binding on the parties and the
                arbitration award may be confirmed by ant court of competent
                jurisdiction.

            

    

    

    

    IN
      WITNESS WHEREOF, the parties hereto have entered into this Agreement effective
      the 1st day of
      August 2006.

     

    
      	Daybreak
              Oil and Gas, Inc.	 	 	Terrence
              J. Dunne & Associates	 
	 	 	 	 	 
	 	 	 	 	 
	
              /s/
                Thomas C.
                Kilbourne

            	 	 	
              /s/
                Terrence J.
                Dunne

            	 
	
              Thomas
                C.
                Kilbourne, Treasurer 

            	 	 	
              Terrence
                J.
                Dunne

            	 
	
               

            	 	 	
               

            	 
	 	 	 	 	 
	Date:          
              8/01/06             
              	 	 	Date:          
              8/01/06             
              	 

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    SCHEDULE  B

    

    Daybreak
      Office Space Allocation

    

    

    

    
      	Office	
              Approx
                Length / Width

            	
              Square
                Footage

            
	 	
            	 
	Suite
              1017 – Front Office	
              17’
x
                9’

            	
              153

            
	Suite
              1012 – S.W. Corner Office	
              9.5’
x
                12’

            	
              114

            
	Suite
              1012 – S. W. Storage Area	
              10’
x
                5’

            	
              50

            
	Suite
              1012 – Conference Room	
              13’
                x 11’

            	
              72  (1/2
                footage)

            
	
              Total
                Daybreak Footage

            	 	
              389

            
	 	 	 
	 	 	 
	$16.00
              per Square Foot	 	
              $
                6224.00

            
	 	 	 
	Divided
              by 12 Months	 	
                
                  518.67

            
	Common
              Area Factor	 	
                 
                   81.33

            
	
              Total
                Monthly Rent

            	 	
              $
                  600.00

            
	 	 	 

    

    

    
 

    

    Schedule
      C

    

    Future
      Monthly Rent

    

    Provided
      this Agreement is extended beyond April 30, 2007 the monthly rent shall be
      as
      follows:

    

    May
      1, 2007 through April 30,
      2008                                                                                                $625.00
      per month

    

    May
      1, 2008 through April 30,
      2009                                                                                                $650.00
      per monthdbog_ex1029-70228.htm

    Exhibit
      10.29

     

    Daybreak
      Oil and Gas,
      Inc.

    601
      West
      Main Ave    Suite
      1017                Spokane,
      WA   99201

    Off:
      (509)
      232-7674                            Fax:
      (509) 455-8483

    

    

    CONSULTING
      SERVICES AGREEMENT

    

    BETWEEN:     DAYBREAK
      OIL AND GAS, INC. (The Company)

    

    AND

    

    MICHAEL
      J. HOOPER (The Consultant)

    

    

    WHEREAS,
      the Company desires to be assured of the association and services of the
      Consultant in order to avail itself of the Consultant’s experience, skills,
      abilities, knowledge and background as an accounting and accounting systems
      analyst and is therefore willing to engage the Consultant upon the terms and
      conditions set forth herein.

    

    WHEREAS,
      the Consultant agrees to be engaged and retained by the Company and upon the
      terms and conditions set forth herein.

    

    NOW
      THEREFORE, in consideration of the foregoing, and for other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged,
      the
      parties hereto agree as follows:

    

    1.    Engagement

    

    The
      Company hereby engages the Consultant on a non exclusive basis, and the
      Consultant hereby accepts the engagement to become a consultant to the Company
      and to render such advice, consultation, information and services to the
      directors and officers of the Company regarding general financial and business
      matters, including but not limited to:

    	
        development
          and maintenance of internal controls

      
	
        development
          and maintenance of accounting system design including chart of
          accounts

      
	
        develop
          and maintain integration of accounting system and financial
          statements

      
	
        development
          and maintenance of internal management reports.

      

    It
      shall
      be expressly understood that Consultant shall have no power to bind the Company
      to any contract or obligation or to transact any business in the Company’s name
      or on behalf of the Company in any manner.

    

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    2.    Term

    

    The
      term
      of this Agreement shall commence on the date hereof and continue for seven
      (7)
      months. The Agreement may be extended upon agreement by both
      parties.

    

    It
      is
      agreed and understood by both parties that the Consultant may have provided
      services to the Company prior to the effective date of this Agreement. In such
      case, the Consultant will submit an invoice for services rendered in the manner
      provided in Section 3 herein and subject to approval by the Treasurer or Chief
      Financial Officer, the Company shall pay such invoice.

    

    3.    Compensation

    

    The
      Company shall pay to the Consultant consulting fees in the amount of $40.00
      per
      hour plus any expenses incurred or advanced on behalf of the
      Company.

    

    The
      Consultant agrees to submit invoices to the Company on or before the last day
      of
      each month, which invoice will contain the following information:

    	the
        date or dates the Consultant provided services to the Company;
	a
        description of the services provided;
	the
        amount of time spent by the Consultant providing the service.

    The
      Company agrees to pay the invoice within a reasonable period of time following
      its examination and review by the Treasurer or Chief Financial
      Officer.

    

    4.    Exclusivity,
      Performance and Confidentiality

    

    The
      services of the Consultant hereunder shall not be exclusive, and Consultant
      and
      its agents may perform similar or different services for other persons or
      entities whether or not they are competitors of the Company. The Consultant
      shall be required to expend only such time as is necessary to service the
      Company in a commercially reasonable manner. The Consultant acknowledges and
      agrees that confidential and valuable information proprietary to the Company
      and
      obtained during its engagement by the Company shall not be directly or
      indirectly, disclosed without the prior written consent of the Company, unless
      and until such information is otherwise known to the public generally or is
      not
      otherwise secret and confidential.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    5.    Independent
      Contractor

    

    In
      its
      performance hereunder, the Consultant shall be an independent contractor. The
      Consultant shall complete the services required hereunder according to his
      own
      means and methods of work, shall be in the exclusive charge and control of
      the
      Consultant and shall not be subject to the control or supervision of the
      Company, except as to the results of the work or the extent necessary for the
      Company to verify the Consultant’s compliance with applicable laws and
      regulations to which the Company may be subject.  The Company
      acknowledges that nothing in this Agreement shall be construed to require the
      Consultant to provide services to the Company at any specific time, or in any
      specific place or manner.

    

    6.    Waiver

    

    No
      waiver
      of any of the provisions of this Agreement shall be deemed or shall constitute
      a
      waiver of any other provision and no waiver shall constitute a continuing
      waiver. No waiver shall be binding unless executed in writing by the party
      making the waiver.

    

    7.    Complete
      Agreement

    

    No
      supplement, modification or amendment of the Agreement shall be binding unless
      executed in writing by all parties. This Agreement constitutes the entire
      agreement between the parties and supersedes any prior agreements or
      negotiations.

    

    8.    General
      Provisions

     

    a.    This
      Agreement shall in all respects be interpreted, enforced and governed
under
      the
      laws of State of Washington. The language and all parts of this Agreement
      shall be in all cases construed as a whole and not strictly for or against
      any
      individual party.

    

    b.    Any
      dispute arising under in any way related to this agreement shall be submitted
      to binding arbitration by the American Arbitration Association in accordance
      with the Association’s commercial rules then in effect. The arbitration may be
      conducted in person, by telephone or online as agreed by all parties. The
      arbitration shall be binding on the parties and the arbitration award may be
      confirmed by any court of competent jurisdiction.

    

    

    IN
      WITNESS WHEREOF, the parties hereto have entered into this Agreement effective
      the 1st day of
      August 2006.

     

    
      	DayBreak
              Oil and Gas, Inc.	 	 	 	 
	 	 	 	 	 
	 /s/
Thomas
              C. Kilbourne	 	 	
              /s/
                Michael J.
                Hooper

            	 
	
              Thomas
                C.
                Kilbourne, Treasurer

            	 	 	
              Michael
                J.
                Hooper

            	 
	
               

            	 	 	
               

            	 
	Date:      
              8/01/06         	 	 	Date:      
              8/01/06

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