Document:

Exhibit
      10.1

    

    Bonus
      Program

    

    A
      completion bonus, tiered for performance, will be paid on the incremental value
      received by the company from the sale of the El Capitan Mine Project that is
      in
      excess of the market capitalization as of the date the bonus program is
      adopted.

     

    A
      formula
      will be used along the following lines(variables below to be
      confirmed):

     

    VARIABLES
      (approximate)

     

    
      	
              Shares
                issued and outstanding:

            	
              approximately
                77 million

            
	
              CMV
                

            	
              $0.82
                per share

            
	
              Market
                Capitalization 

            	
              $63.1
                million (non-diluted)

            

    

    

    
      	
              INCREMENTAL
                VALUE RECEIVED 

            	
              BONUS
                POOL CALCULATION

            
	
              Up
                to $500 million 

            	
              1.0%
                of incremental value

            
	
              From
                $500 million up to $ 1 billion 

            	
              1.5%
                of incremental value

            
	
              Above
                $1 billion 

            	
              2.0%
                of incremental value

            

    

    

     

    FOR
      EXAMPLE:

     

    If
      the
      Company’s share of the sale price of the El Capitan Mine Project were to be
      $1.25 billion, then the bonus pool would be $16.2 million:

     

    Total
      Incremental Value Received is $1.1869 billion ($1.25- 0.0631= $ 1.1869
      billion)

     

    
      	
              INCREMENTAL
                VALUE RECEIVED 

            	
              BONUS
                POOL CALCULATION

            
	
              $500
                million x 1.0% 

            	
              $5.0
                million

            
	
              $500
                million x 1.5%

            	
              $7.5
                million

            
	
              186.9
                million x 2.0%

            	
              $3.7
                million

            
	
              Total

            	
              
				$16.2
                million

            

    

    

     

    Alternatively,
      if the Company’s share of the sale price of the El Capitan Mine Project were to
      be $500 million, then the bonus pool would be $ 4.3 million:

     

    Total
      Incremental Value Received is $436.9 million ($500 - $63.1 million)

     

    
      	
              INCREMENTAL
                VALUE RECEIVED 

            	
              BONUS
                POOL CALCULATION

            
	
              $436
                million x 1.0% 

            	
              $4.4
                million

            

    

    

     

    Allocation
      of the bonus pool will be decided by the Board Compensation Committee in
      consultation with the Board.

     

    Definition
      of Sale: Closing of the transaction.

     

    Payment
      of bonus will coincide with and be proportional to receipt of proceeds. For
      example, if a portion of the payment was to be received over time, the bonus
      recipients would receive their proportional share if and when the payments
      are
      received.

     

    Each
      participant will be deemed to have earned the bonus in full at the time it
      is
      granted.Exhibit
      10.1

    

    CONSULTING
      SERVICES AGREEMENT

    

    THIS
      AGREEMENT
      is made
      as of the 1ST
      day of
      September, 2006

    

    BETWEEN:

    

    Pacific
      Copper Corp. a
      corporation incorporated under the laws of the State of Delaware

    

    (herein
      called the “Corporation”)    Party
      of
      the First Part

    

    -
      and
      -

    

    Medallion
      Capital Corp.,
      a
      corporation incorporated under the laws of the Province of Ontario,
      Canada.

    

    (herein
      called
“Consultant”)                                                 
Party
      of
      the Second Part

     

    RECITALS:

    

    
      	
              A.

            	
              The
                Corporation wishes to engage the Consultant to assist the Corporation
                to
                provide administrative services. 

            

    

    

    
      	
              B.

            	
              The
                Consultant wishes to accept this engagement by the
                Corporation.

            

    

    

    NOW
      THEREFORE IN CONSIDERATION OF THE MUTUAL COVENANTS AND AGREEMENTS CONTAINED
      IN
      THIS AGREEMENT AND OTHER GOOD AND VALUABLE CONSIDERATION, THE PARTIES AGREE
      AS
      FOLLOWS:

    

    
      	
              1.

            	
              DEFINITIONS

            

    

    

    In
      this
      Agreement,

    

    “Agreement”
      means
      this agreement as it may be amended from time to time;

    

    “Compensation”
      means
      amounts set out in Section 4 hereof;

    

    “Confidential
      Information”
      means
      all confidential or proprietary information, intellectual property (including
      trade secrets) and confidential facts relating to the business and affairs
      of
      the Corporation;

    

    “Corporation”
      includes
      affiliates, subsidiaries and associates of the Corporation unless the context
      otherwise requires;

    

    “Expenses”
      means
      amounts set out in Section 5 hereof; and

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    “Term”
      means
      the period commencing September 1, 2006 and terminating in accordance with
      Section 12 hereof.

    

    
      	2.	
              REPRESENTATION
                AND WARRANTIES

            

    

    

    Each
      of
      the Corporation and the Consultant hereby covenants, represents and warrants
      as
      follows:

    

    
      	(a)
                	
              They
                have all of the necessary corporate power, authority and capacity
                to enter
                into this agreement and the agreements and the other instruments
                contemplated herein and to perform their respective obligations hereunder
                and thereunder. The execution and delivery of this Agreement and
                the
                agreements and other instruments contemplated herein and the consummation
                of the transactions contemplated hereunder and thereunder have or
                will be
                duly authorized by all necessary corporate action required by each
                party;

            

    

    

    
      	(b)
                	
              This
                Agreement and the agreements and other instruments contemplated herein
                when executed will constitute valid and binding obligations of each
                of the
                parties enforceable against each of them as is applicable in accordance
                with the terms hereof and thereof subject, however, to limitations
                with
                respect to enforcement imposed in connection with laws affecting
                the
                rights of creditors generally including, without limitation, applicable
                bankruptcy, insolvency, moratorium, reorganization or similar laws
                and to
                the extent that equitable remedies such as specific performance and
                conjunction are in the discretion of the court from which they are
                sought;

            

    

    

    
      	(c)
                	
              Each
                of the parties are duly incorporated and organized, validly existing,
                in
                good standing and are up to date in all of the filings and registration
                required under the laws of the jurisdiction in which they are
                incorporated; and

            

    

    

    
      	(d)
                	
              The
                entering into and performance of this Agreement and the agreements
                and
                other instruments contemplated herein will not violate, contravene,
                breach
                or offend against or result in any default under any security agreement,
                indenture, mortgage, lease, order, undertaking, licence, permit,
                agreement, instrument, charter or by-law provision, resolution of
                shareholders or directors, statute, regulation, judgment, decree
                or law to
                which the parties hereto are a party or by which they may be bound
                or
                affected. No licenses, agreements or other instruments or documents
                of the
                Corporation or any of its Subsidiary will terminate or require assignment
                as a result of the entering into of this Agreement or the consummation
                of
                the transactions contemplated
                hereby.

            

    

     

    
      	3.	
              ENGAGEMENT
                OF THE CONSULTANT

            

    

    

    The
      Corporation hereby engages the Consultant for the Term to perform the following
      services:

     

    
      	(a)
                	
              Provide
                office space, office equipment, phones and
                furniture;

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	(b)
                	
              Employ
                secretarial and bookkeeping
                personnel;

            

    

    

    
      	(c)
                	
              Advise
                the Corporation regarding financial planning, corporate development
                corporate governance;

            

    

    

    
      	(d)
                	
              Prepare
                or cause to be prepared all required documentation for the operation
                of
                the Corporation;

            

    

    

    
      	(e)
                	
              Provide
                instructions and directions to the Corporation's legal counsel and
                auditors;

            

    

    

    
      	(f)
                	
              Insure
                that all accounting records are maintained to meet generally accept
                accounting principals and quarterly and annual reports are prepared
                and
                filed to meet regulatory
                requirements;

            

    

    

    
      	(g)
                	
              Such
                other matters and activities as are required for the operation of
                the
                Corporation; and

            

    

    

    
      	(h)
                	
              All
                activities of the Consultant shall be carried out at the direction
                of the
                Board of Directors of the Corporation or its officers excluding any
                officer of the Corporation associated with the
                Consultant.

            

    

     

    
      	4.	
              COMPENSATION

            

    

    

    
      	(a)
                	
              As
                compensation for the services to be provided by the Consultant hereunder,
                the Corporation agrees to pay the Consultant $7,500.00
                per month during the Term in accordance with the provision of Section
                6,
                hereof;

            

    

    

    
      	(b)
                	
              The
                Consultant shall be reimbursed monthly for all expenses incurred
                with
                respect to the operation of the administration of the Corporation,
                including but not limited to office rent, wages, phones and other
                office
                operational costs, provided that these expenses are incurred in
                substantial accordance with monthly and annual budgets to be prepared
                by
                the Consultant and approved by the Board of Directors from time to
                time;

            

    

    

    
      	(c)
                	
              The
                Consultant shall also be reimbursed for the cost of furniture and
                equipment for the office provided the ownership of any furniture
                and
                equipment purchased shall vest with the Corporation, again provided
                that
                such capital expenditures are incurred in substantial accordance
                with
                monthly and annual budgets to be prepared by the Consultant and approved
                by the Board of Directors from time to
                time;

            

    

    

    
      	(d)
                	
              The
                Consultant shall provide receipts for all expenses and other items
                for
                which it is entitled to reimbursement and such other documentation
                as may
                be reasonably requested by the Corporation’s auditors;
                and

            

    

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	(e)
                	
              It
                is understood that the Corporation has procedures for the authorization
                of
                all payments and the issuance of checks and which payments to the
                Consultant are subject. The responsible for carrying out these procedures
                are those of the Consultant its officers and
                employees.

            

    

     

    
      	5.	
              TERMS
                OF PAYMENT

            

    

    

    Fees
      and
      expenses are billed monthly and are due on receipt of invoice. Amounts unpaid
      after 15 days bear interest at the rate of 1.5% per month.

    

    
      	6.	
              NATURE
                OF RELATIONSHIP

            

    

    

    It
      is
      acknowledged by the parties hereto that Stafford Kelley, President of the
      Consultant is also an officer of the Corporation. The parties further
      acknowledge and agree, solely with respect to the rights and obligations of
      the
      Consultant under this Agreement, as follows:

    

    
      	 	
              (a)

            	
              the
                relationship of the Consultant to the Corporation is that of independent
                contractors;

            

    

    

    
      	 	
              (b)

            	
              the
                Consultant is not employees or agents of the Corporation;
                and

            

    

     

    
      	
            	(c)	
              the
                Corporation and the Consultant are not partners or joint venturers
                with
                each other.

            

    

     

    
      	7.	
              NO
                CONFLICTS OF INTEREST

            

    

    

    The
      Consultant will not engage in any business or other transaction or have any
      financial or other personal interest which is incompatible with the performance
      by the Consultant of the duties under this Agreement in the manner contemplated
      by this Agreement.

    

    The
      Corporation acknowledges that the Consultant will provide from time to time
       similar
      services for other parties which shall not be considered a conflict of interest
       subject
      to the discharge of the Consultant’s obligations under this Agreement and in
 particular
      those related to confidentiality.

     

    
      	8.	
              NO
                USE OF CONFIDENTIAL
                INFORMATION

            

    

    

    During
      and at all times after the Term, the Consultant will cause its officers,
      directors and employees to keep confidential all Confidential Information and
      will not use for the benefit of the Consultant its officers, directors and
      employees or others (except in connection with the business and affairs of
      the
      Corporation in the course of providing services hereunder) any Confidential
      Information and will not disclose Confidential Information to any person except
      in the course of providing services under this Agreement to a person who is
      employed by the Corporation or with the Corporation’s prior
      consent.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    The
      foregoing prohibition will not apply to any Confidential Information
      if:

    

    
      	 	
              (a)

            	
              the
                Confidential Information is available to the public or in the public
                domain at the time of disclosure or use;
                or

            

    

    

    
      	 	
              (b)

            	
              disclosure
                is required to be made by operation of law, in which case the Consultants
                will notify the Corporation immediately upon learning of that requirement;
                or

            

    

    

    
      	 	
              (c)

            	
              disclosure
                is made with the Corporation’s prior written
                approval.

            

    

     

    
      	9.	
              NO
                AUTHORITY TO BIND THE
                CORPORATION

            

    

    

    Without
      limiting the provisions of Section 3, the Consultant, in its capacity as
      Consultant under this Agreement, has no authority to act on behalf of, or to
      hold itself out to be an agent of the Corporation or to bind the Corporation
      to
      perform any obligations to any third party and the Consultant will, as
      appropriate, so inform all third parties with whom the Consultant deals in
      the
      performance of its services. The Consultant will not use the name of the
      Corporation in any advertisement or promotional or marketing material or,
      without the use of any such name, suggest or imply in any such material that
      the
      Consultant has a relationship with the Corporation other than that established
      by this Agreement, unless otherwise agreed to in writing by the
      Corporation.

     

    
      	10.	
              TERM
                AND TERMINATION 

            

    

    

    The
      Term
      of this Agreement shall be one (1) year and shall automatically renew from
      year
      to year unless terminated. Either party may terminate this Agreement at anytime
      on 60 days written notice subject to the provision of Sections 5, 7 and 10
      hereof, which Sections shall survive the expiry or termination of this Agreement
      and continue in full force and effect.

    

    
      	11.	
              INDEMNIFICATION

            

    

    

    The
      Corporation will indemnify the Consultant and its heirs and legal
      representatives against all costs, charges and expenses, including all amounts
      paid to settle an action or satisfy a judgement, reasonably incurred by the
      Consultant in respect of any civil, criminal or administrative action or
      proceeding to which the Consultants are a party by reason of being or having
      been engaged by the Corporation under this Agreement (a “Claim”), other than an
      action (including, without limitation, an action in contract or tort) by the
      Corporation as a result of a breach or alleged breach by the Consultants of
      this
      Agreement or of any duty owed by the Consultant to the Corporation,
      if:

     

    
      	 	
              (a)

            	
              The
                Consultant acted honestly and in good faith with a view to the best
                interests of the Corporation; and

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      	 	
              (b)

            	
              In
                the case of a criminal or administrative action or proceeding that
                is
                enforced by the monetary penalty, the Consultant had reasonable grounds
                for believing that the conduct of the Consultant was
                lawful.

            

    

    

    The
      Consultant acknowledges that indemnification will be limited to costs, charges
      and expenses actually incurred, and will be paid only if the consultant provides
      the Corporation with prompt notice of any claim. The Corporation will have
      the
      right at its own expense, upon written notice to the Consultant, to assume
      control of the negotiation, settlement or defence of any Claim and the
      Consultant will co-operate fully with the Corporation in respect of such Claim.
      If the Corporation does not elect to assume control of the negotiation,
      settlement or defence of any Claim, the Consultant may retain its own counsel
      to
      defend the Claim and will keep the Corporation fully advised, including
      supplying copies of all relevant documentation promptly as it becomes available.
      The Consultant or the Corporation may not settle or compromise any Claim without
      the prior written consent of the other party.

     

    
      	12.	
              NOTICE

            

    

    

    Any
      notice or communication to be given or made under this Agreement must be in
      writing and addressed as follows:

    

    
      	
            	(a)	
              if
                to the Corporation:

            

      	 	 	
              George Orr

              c/o Sweet Water Capital Corporation

              420 - 475 Howe Street

              Vancouver, BC V6C 2B3

              Phone: 604-606-7979

              Fax: 604-606-7980

            

      	 	 	 

      	 	 	
              And to:

              Todd D. Montgomery

              1025 Grayson Cres.

              Moose Jaw, SASK S6H 4N7

              Phone: 775-741-5280

              Fax: 775-786-7551

            

      	 	 	 

      	 	(b)	if to the
              Consultant:

      	 	 	
              Medallion Capital Corporation

              1226 White Oaks Blvd., Suite 10A

              Oakville,
                Ontario L6H 2B9

              Attn: Stafford
                Kelley 

              Phone:
                905-845-1073

              Fax:
                905-845-6415

            

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    and
      will
      be deemed to be properly given or made on the earliest of the
      following:

    

    
      	
            	(a)	
              actual
                delivery;

            

    

     

    
      	
            	(b)	
              48
                hours after being sent by commercial courier service;
                and

            

    

     

    
      
        
          	
                	(c)	
                  the
                    day following which any telegram or telecopier message is
                    sent.

                

        

      

    

    

    Notice
      of
      change of address for the purpose of notice will also be governed by this
      section.

     

    
      	13.	
              ASSIGNMENT

            

    

    

    This
      Agreement may not be assigned by any party, without the prior written consent
      of
      the other parties.

     

    
      	14.	
              HEADINGS

            

    

    

    The
      inclusion of headings in this Agreement is for convenience of reference only
      and
      is not to affect construction or interpretation.

    

    
      	15.	
              INVALIDITY
                OF PROVISIONS

            

    

    

    Any
      provision of this Agreement that is prohibited or unenforceable in any
      jurisdiction will, as to that jurisdiction, be ineffective to the extent of
      the
      prohibition or unenforceability without invalidating the remaining provisions
      of
      this Agreement, and any prohibition or unenforceability of that provision in
      any
      other jurisdiction. For any provision severed there will be deemed substituted
      a
      like provision to accomplish the intent of the parties as closely as possible
      to
      the provision as drafted, as determined by any court or arbitrator having
      jurisdiction over any relevant proceeding, to the extent permitted by the
      applicable law.

     

    
      	16.	
              ENTIRE
                AGREEMENT

            

    

    

    This
      Agreement constitutes the entire agreement between the parties pertaining to
      the
      subject matter. There are no warranties, representations or agreements between
      the parties in connection with the subject matter except as are specifically
      set
      out or referred to in this Agreement. No reliance is placed on any
      representation, opinion, advice or assertion of fact made by either party or
      its
      directors, officers or agents to the other party, or its directors, officers
      or
      agents, except to the extent that the same has been reduced to writing and
      included as a term of this Agreement. Accordingly, there is to be no liability,
      either in tort or in contract, assessed in relation to any such representation,
      opinion, advice or assertion of fact, except to the extent
      aforesaid.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    
      	17.	
              WAIVER,
                AMENDMENT

            

    

    

    Except
      as
      expressly provided in this Agreement, no amendment or waiver of this Agreement
      will be binding unless executed in writing by the party to be bound. The failure
      of either party at any time to require performance by the other party of any
      provisions of this Agreement will in no way affect the right of that party
      to
      require performance of any other provisions. No waiver of any provision of
      this
      Agreement will constitute a waiver of any other provision nor will any waiver
      of
      any breach of any provision of this Agreement be construed as a waiver of any
      continuing or succeeding breach of such provision unless otherwise expressly
      provided.

     

    
      	18.	
              CURRENCY

            

    

    

    All
      amounts in this Agreement are stated and will be paid in United States currency
      unless otherwise specifically stated.

    

    
      	19.	
              GOVERNING
                LAW

            

    

    

    This
      Agreement is to be governed by and construed in accordance with the laws of
      the
      Province of Ontario and the laws of Canada applicable therein.

    

    IN
      WITNESS WHEREOF, THE CORPORATION AND THE CONSULTANTS HAVE EXECUTED THIS
      AGREEMENT AS OF THE DATE FIRST WRITTEN ABOVE.

    

    
      	PACIFIC COPPER
              CORP.	 	 	 
	 	 	 	 
	BY: 
/s/
              Todd Montgomery	 	 	 
	
              
                

              
TITLE: President	 	 	
            
	
              
                

              

            	 	 	 

    

     

    
      	MEDALLION CAPITAL
              CORP.	 	 	 
	 	 	 	 
	BY:
              /s/
              Stafford Kelley 	 	 	 
	
              
                

              
TITLE: President	 	 	
            
	
              
                

              

            	 	 	 

    

    

    
      
        
        

      

      
        8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]