Geophysical Service Agreement
THIS AGREEMENT (the "Agreement") dated this 27th day of July, 2011, is
made by and between ▇▇▇▇▇ Geophysical Services LLC ("Contractor") and
AmeriLithium Corporation ("Company")
1. Purpose of Agreement:
The purpose of this Agreement is to state the terms and conditions
under which Contractor will provide services, equipment and assistance
to Company in consideration of the terms and provisions of this
Agreement. Company and Contractor agree as follows:
2. Scope of Services:
Contractor agrees to conduct for Company, during the approximate period
of August, 2011, a gravity survey over an area specified by Company
over the ▇▇▇▇▇▇▇ Deep Prospect in ▇▇▇▇▇▇▇▇▇ County, Nevada, hereinafter
referred to as the "Work".
The gravity stations will be surveyed at locations specified by Company
at nominal intervals of 500 meters on lines spaced 1000m apart. In
addition, approximately 37 regional stations outside of the claim block
will be surveyed to help define the regional gravity field. The
proposed station locations are shown on the accompanying map. The total
program is expected to be approximately about 113 stations. Gravity
will be measured with a resolution of 0.01 mGal. A GPS system capable
of centimeter XYZ accuracy will be used for navigation and positioning.
Deliverables will include gravity data processed to Compete Bouguer,
all raw and processed data on CD, topo-based line location map, data
acquisition report, and color contour map of Complete Bouguer Gravity.
Processed data will be forwarded to consulting geophysicist ▇▇▇ ▇▇▇▇▇▇
for modeling and interpretation.
Additionally, Contractor will provide the following:
Experienced operator/surveyor
LaCoste & ▇▇▇▇▇▇▇ Model-G Gravity Meter
Trimble Model 5700 or R-8 Geodetic-Grade GPS System
Laptop computer with appropriate software
4X4 vehicle with fuel and maintenance
ATV
Personnel Subsistence
Lodging
All other field expenses
3. Confidentiality and Conflict of Interest:
Contractor will keep any information or data obtained in the course of
the work under this Agreement in strict confidence and will not
disclose any such information to any third party without written
authorization from Company.
4. Consideration:
Company will compensate Contractor at the following rates for the
requested Work:
Gravity Data Acquisition.......................... $ 1350/operator/day
The gravity survey is expected to take a maximum of 8 chargeable days
including mobilization and demobilization.
Contractor will prepare and deliver to Company an invoice for services
rendered at the completion of the survey. Company agrees that
Contractor will be paid within 30 days following the date of the
invoice.
5. Taxes:
Contractor and Company agree to be solely responsible for the payment
of their own federal, state, and/or local income, social security, or
other taxes applicable to any of the compensation received for this
Work.
6. Insurance:
Contractor will provide Workers Compensation Insurance covering
Contractor's employees. Contractor's activities related to this
project will be covered under Contractor's general liability and
vehicle liability insurance. Certificates of Insurance for General
Liability Insurance, Automobile Liability Insurance, and Workers
Compensation Insurance will be provided upon request.
7. Indemnity:
Company and Contractor each agree to indemnify and hold each other
harmless from and against any cost and expenses resulting from loss,
damage or personal injury which might occur as a result of the work.
8. Compliance with Laws:
Contractor agrees that in the performance of services pursuant to this
Agreement, Contractor will conform to and abide by all applicable laws,
acts, statutes, rules, regulations, ordinances, codes, concessions,
treaties, conventions, orders, rulings, writs, injunctions,
proclamations, decrees, or other Law of any kind whatsoever of any
governmental body, authority, agency, court, commission, of any
applicable jurisdiction.
Company agrees to insure that all necessary permits and access
permission to conduct geophysical surveys over the project area have
been obtained prior to Contractor's mobilization.
9. Notices:
Notices to each Party will be made as follows:
Contractor:
▇▇▇▇▇ Geophysical Services LLC
▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇, ▇▇ ▇▇▇▇▇
TEL: ▇▇▇-▇▇▇-▇▇▇▇
FAX: ▇▇▇-▇▇▇-▇▇▇▇
EMAIL: ▇▇▇▇▇_▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
Company:
AmeriLithium Corporation
▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
TEL: ▇▇▇-▇▇▇-▇▇▇▇
FAX: ▇▇▇-▇▇▇-▇▇▇▇
EMAIL: ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
10. Miscellaneous Provisions:
No provision of this Agreement may be amended, modified or waived
unless such amendment, modification, or waiver is authorized by
Contractor and Company and is agreed to in writing.
This Agreement will be interpreted, construed, and governed by and in
accordance with the laws of the State of Nevada.
Each provision of this Agreement constitutes a separate and distinct
undertaking, covenant and/or provision hereof. In the event that any
provision of this Agreement will finally be determined to be
unenforceable, the remaining provisions of this Agreement will remain
in full force and effect.
AGREED:
CONTRACTOR: COMPANY:
▇▇▇▇▇ Geophysical Services LLC
Signed: /s/▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Signed: /s/▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Date: July 27, 2011 Date: July 28, 2011
Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: Owner - ▇▇▇▇▇ Geophysical Title: CEO, President
Services LLC
