SEC Contract Filing

Filing Date: 2015-06-08

Document Content:
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>4
<FILENAME>ex102.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
<head><title>Converted by EDGARwiz</title> </head> <body style="FONT-SIZE:10pt; FONT-FAMILY:Times New Roman; COLOR:#000000; MARGIN-TOP:0px"> <div style=WIDTH:700px> <p style="FONT-SIZE:12pt; MARGIN:0px"><b>Exhibit 10.2</b></p> <p style=MARGIN:0px><br></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>BOARD MEMBER AGREEMENT</b></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>BETWEEN</b></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>XUN ENERGY, INC.</b></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>AND</b></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>WILLIAM D. SPIER </b></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>AS</b></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>DIRECTOR</b></p> <p style=MARGIN:0px align=center><br></p> <p style="FONT-SIZE:12pt; MARGIN:0px" align=center><b>Contract No. &nbsp;S20150602</b></p> <p style=MARGIN:0px align=center><br></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px" align=justify>THIS AGREEMENT, effective as of June 1, 2015 is entered into between <b>XUN ENERGY, INC.</b> (XUN), a Nevada corporation and WILLIAM D. SPIER (SPIER).</p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; WIDTH:96px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:36px"><b>1.</b></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px; TEXT-INDENT:-2px" align=justify><b>SERVICES TO BE PERFORMED:</b> SPIER shall perform the Duties and additional tasks as outlined in Attachment A, Scope of Services, attached hereto and made a part of this agreement. &nbsp;</p> <p style="CLEAR:left; MARGIN:0px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; WIDTH:96px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:36px"><b>2.</b></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px; TEXT-INDENT:-2px" align=justify><b>TERM OF THE AGREEMENT</b>: &nbsp;The term of the Agreement shall commence on June 1<b>, 2015 </b>and continue in effect through<b> May 31, 2016.</b></p> <p style="CLEAR:left; MARGIN:0px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; WIDTH:96px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:36px"><b>3.</b></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px; TEXT-INDENT:-2px" align=justify><b>COMPENSATION</b>: &nbsp;In consideration for services provided, XUN shall pay SPIER 5,000 shares per month in stock of XUN. &nbsp;The stock will be valued based on the average of the 5 trading day close price prior to each month end. &nbsp;This amount includes all costs related to the engagement except 3<sup>rd</sup> party or travel expenses. &nbsp;</p> <p style="CLEAR:left; MARGIN:0px" align=justify><br></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px" align=justify>The terms and conditions of this Agreement will be renegotiated upon the successful consummation of a business combination through (i) the acquisition of, or merger or consolidation with, a company that has substantial additional capital and or operating revenues; or (ii) the Company is able to finance operating expenses with additional debt or through equity financing of not less than $5,000,000.</p> <p style=MARGIN:0px align=justify><br></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px" align=justify>XUN shall reimburse SPIER for the preapproved cost of airfare, travel expenses and disbursements made on behalf of XUN.</p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; WIDTH:96px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:36px"><b>4.</b></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px; TEXT-INDENT:-2px" align=justify><b>AUTHORIZED REPRESENTATIVES AND NOTICES: </b>XUN and SPIER shall each designate, in writing, an Authorized Representative who has authority to make changes to the scope, terms and conditions of this Agreement.</p> <p style="CLEAR:left; MARGIN:0px"><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; WIDTH:96px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:36px"><b>4.1</b></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px; TEXT-INDENT:-2px">For XUN:</p> <p style="CLEAR:left; MARGIN:0px"><br></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">Jerry G. Mikolajczyk, President and CEO</p> <p style="FONT-SIZE:11.5pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">12759 NE Whitaker Way, #C453, </p> <p style="FONT-SIZE:11.5pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">Portland, Oregon, 97230 </p> <p style="FONT-SIZE:12pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">Phone: &nbsp;(775) - 200-0505</p> <p style="FONT-SIZE:12pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">Fax: (321) 238-0141</p> <p style="FONT-SIZE:12pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">Email: jerrygmik@aol.com</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br>&nbsp;</p> <p style=MARGIN:0px>CONTRACT NO: S20150602</p> <p style=MARGIN:0px align=center>1</p> <p style=MARGIN:0px align=center>&nbsp;</p> <p style=MARGIN:0px align=center>&nbsp;</p> <p style="MARGIN-BOTTOM:-4pt; FONT-SIZE:4pt; PAGE-BREAK-BEFORE:always; MARGIN-TOP:0px" /> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; WIDTH:96px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:36px"><b>4.2</b></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:36px; MARGIN:0px; PADDING-RIGHT:57px; TEXT-INDENT:-2px">For SPIER:</p> <p style="CLEAR:left; MARGIN:0px"><br></p> <p style="FONT-SIZE:12pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">WILLIAM D. SPIER</p> <p style="FONT-SIZE:11.5pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT:57px">12759 NE Whitaker Way, #C453, </p> <p style="FONT-SIZE:11.5pt; PADDING-LEFT:144px; MARGIN:0px; PADDING-RIGHT