Virtual Reality Inc/ Sample Contracts

Virtual Reality Inc/ – EMPLOYMENT AGREEMENT (May 24th, 2000)

EMPLOYMENT AGREEMENT AGREEMENT dated as of September 12, 1996 by and between Virtual Reality, Inc., a Nevada corporation (the "Company"), and Martin Cardone, an individual currently residing at 116 John Street, New York, New York 10038 (individually, the "Executive", collectively the "Parties"). W I T N E S S E T H: WHEREAS, the Company desires to employ Executive, and Executive desires to be employed by the Company, upon the terms and conditions hereafter set forth; NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, the Parties hereby agree as follows: 1. Employment and Duties. (a) General. The Company hereby employs Executive and Executive agrees upon the terms and conditions herein set forth to serve as the CEO/Chairman of the Company, and in such capacities Executive agrees to perform the duties delineated in the By-Laws

Virtual Reality Inc/ – FINDER'S AGREEMENT (May 24th, 2000)

FINDER'S AGREEMENT This Agreement is made this 23 day of May, 2000, between Virtual Reality, Inc. ("Virtual") and Eleccom Corporation LTD. ("Eleccom") with reference to the following facts: Virtual is a Nevada corporation with its principal offices located at 116 John Street, New York, new York 11038; Eleccom is an Anguillan corporation with its principal offices located at Victoria House, P.O. Box 58, The Valley, Anguilla, B.W.I.; Virtual desires to sell 200,000,000 shares of its restricted Common Stock (the "Virtual Shares") to Zorro Systems Ltd., a Barbados corporation ("Zorro") in exchange for 100% of the issued and outstanding common stock of Intellashop Inc., a wholly owned subsidiary of Zorro (the "Intellashop Shares"); Zorro desires to sell the Intellashop Shares to Virtual in exchange for the Virtual Shares; Virtual affirms that Eleccom introduced Virtual to Zorro; and Virtual desires to