Elite Energies, Inc. Tel. (888) 209-9909 Fax. (408) 457-8475
Exhibit 10.1
000 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxx, Xxxxxxxxxx 00000
Tel. (000) 000-0000 Fax. (000) 000-0000
xxx.xxxxxxxxxxxxxxxx.xxx
This agreement is made and entered into effective as of April 10, 2011 (the “Effective Date”), by and between Elite Energies, Inc. (“Company”), and Ai Xxxx Xxx, an individual (“Director”).
1. Terms
This Agreement shall continue from the Effective Date and shall continue thereafter for as long as Director is elected as the Board of Directors ("Director") of Company.
2. Director Compensation
Our directors will not receive a fee for attending each board of directors meeting or meeting of a committee of the board of directors. All directors will be reimbursed for their reasonable out-of-pocket expenses incurred in connection with attending board of director and committee meetings.
3. Date of Agreement. The parties have duly executed this Agreement as of the date written above.
| Director: | |
| By:_________________________ | _________________________ |
| Name: Xxxxxxx Xxx | Ai Xxxx Xxx |
| Title: CEO and President |
