Royalty Grant
EX-10.2 7 ex102.htm GROSS OVERRIDING ROYALTY AGREEMENT - JAMES DURWARD DATED APRIL 14, 2010 ex102.htm
Royalty Grant
This is notice that FuLuCai Productions Ltd. (“FLC”) is, by this notice, granting a five percent (5%) royalty (the “Royalty”) to James Durward, subject to the following terms and conditions:
The Royalty:
1. | applies to all properties to which FLC has rights; |
2. | is calculated based on all revenues; and |
3. | is payable annually in arrears. |
Signed in Calgary, this 14th. day of April, 2010.
FuLuCai Productions Ltd.
Per:
/s/ James Durward
James Durward
President