Browse EX-10 agreements

COMPENSATION COMMITTEE CHARTER

OF

COOLBIT TECHNOLOGIES LIMITED

I.	PURPOSE

The Compensation Committee of the Board of Directors (“the Board”) of Coolbit Technologies Limited (the “Company”) is established pursuant to this charter. The purpose of the Compensation Committee is to review and make recommendations to the Board regarding all forms of compensation to be provided to the executive officers and directors of the Company including stock compensation and loans, and all bonus and stock compensation to all employees.

The Compensation Committee has the authority to undertake the specific duties and responsibilities listed below and will have the authority to undertake such other specific duties as the Board may from time to time prescribe.

II.	COMMITTEE MEMBERSHIPS:

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NOMINATION COMMITTEE CHARTER

OF

COOLBIT TECHNOLOGIES LIMITED

I.	PURPOSE:

The purpose of the Nomination Committee (the “Nomination Committee”) of the Board of Directors (the “Board”) of Coolbit Technologies Limited (the “Company”) shall be to review and make recommendations to the Board regarding matters concerning corporate governance; review the composition of and evaluate the performance of the Board; recommend persons for election to the Board and evaluate director compensation; review the composition of committees of the Board and recommend persons to be members of such committees; review and maintain compliance of committee membership with applicable regulatory requirements; and review conflicts of interest of members of the Board and corporate officers.

In addition, the Nomination Committee will undertake those specific duties and responsibilities listed below and such other duties as the Board may from time to time prescribe.

II.	COMMITTEE MEMBERSHIP:

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