Fairwind Energy Inc. Monarch Beach, California 92629 April 30, 2014
EXHIBIT 10.2
000 Xxxxxxx Xxx Xxxxx, Xxxxx 000
Xxxxxxx Xxxxx, Xxxxxxxxxx 00000
April 30, 2014
Xxxxxxx Xxxxxxxxxxxx
This letter agreement, dated April 30, 2014 memorializes the terms and conditions of an agreement of compensation by and between Xxxxxxx Xxxxxxxxxxxx (“Xxxxxxxxxxxx”) and FairWind Energy Inc., a Nevada corporation (the “Company”).
1. Compensation. The Company agrees to pay Xxxxxxxxxxxx, for a term which expires on October 9, 2015, $5,000 per month, as consideration for Xxxxxxxxxxxx serving and performing his duties as a non-employee President of the Company. Any payment to Xxxxxxxxxxxx shall be made only after performance of services and duties for a period of not less than one month. The Company may unilaterally decide to not pay Xxxxxxxxxxxx at any time without any liability or debt accruing to the Company. Xxxxxxxxxxxx shall have such executive responsibilities and duties as are assigned by the Board of Directors of the Company and are consistent with the office of President. This Agreement shall be retroactive to April 18, 2013.
2. Assignment. This letter agreement may not be assigned unless the Company and Xxxxxxxxxxxx consent in writing to such assignment.
| Very truly yours, | |||
| FAIRWIND ENERGY, INC. | |||
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By:
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/s/ Xxxxxxx Xxxxxxxxxxxx | |
| Name: Xxxxxxx Xxxxxxxxxxxx | |||
| Title: President | |||
Agreed and Accepted this 30th day of April, 2014:
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By:
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/s/ Xxxxxxx Xxxxxxxxxxxx | |
| Name: Xxxxxxx Xxxxxxxxxxxx (individually) |
