Transaction Proposal and Exclusivity Agreement Sample Contracts

BALLYLIFFIN CAPITAL CORP.
Transaction Proposal and Exclusivity Agreement • October 1st, 2008 • Fox Petroleum Inc. • Metal mining • Alberta

Further to our discussions, this Letter Agreement will serve as an agreement between ----------------. (“BLL”), on the one part, and Fox Energy Exploration Limited (“Fox UK”) and Fox Petroleum Inc. (“Fox US”), on the other part, with respect to the proposed business combination (the “Transaction”) between BLL, Fox UK and Fox US on the terms set out herein.