Richard A. Pullia
Unit 2, 27 Hodgkinson Street
Clifton Hill Victoria 3068
Australia ("the Consultant");
WHEREBY IT IS AGREED as follows:
NOTE 1. INTERPRETATION
this Agreement, unless the context requires otherwise;
means the board of directors for the time being of the Company;
means calendar month.
herein to Clauses are to clauses in this Agreement unless the context requires otherwise.
headings are inserted for convenience only and shall not affect the construction of this Agreement.
the context requires otherwise, words importing the singular include the plural and vice versa and words importing a gender include every gender.
NOTE 2. ENGAGEMENT
Company will engage the Consultant and the Consultant will provide the service to the Company upon the terms and conditions hereafter appearing.
NOTE 3. DURATION
Company has engaged the Consultant with effect from December 1, 2000, until May 31, 2001, subject to termination as hereinafter provided.
NOTE 4. CONSULTANT OBLIGATION
Consultant shall, during the continuance of his engagement serve the Company and perform the duties and exercise the powers from time to time assigned to or vested in him by the
President of the Company and the Board, including, but not limited to, accounting services.
NOTE 5. COMPENSATION
compensation for the Consultant shall be 185,139 shares of free trading common stock of the Company, a consulting fee of $10,833 per month effective from February 1, 2001,
and reimbursement of approved expenses incurred on behalf of the Company.
NOTE 6. TERMINATION
Consultant's services hereunder may be determined at any time by either of the parties hereto giving to the other not less than one (1) month prior written notice.
the event of termination of the Consultant's engagement hereunder the Consultant shall not be entitled to claim any other compensation whatsoever from the Company in respect to
delay or forbearance by the Company in exercising any right to terminate this Agreement shall not constitute a waiver of such right.
NOTE 7. NOTICES
notices required to be given under this Agreement shall be in writing and shall be addressed at the address for such party as indicated in the introductory paragraphs of this
Agreement or such address as such party may indicate from time to time.
NOTE 8. MISCELLANEOUS
Agreement may only be amended or modified by written agreement of the parties.
failure or delay, by either party to exercise any of its rights hereunder shall constitute a waiver of all or part of the same, unless and to the extent that such party gives
written confirmation that it expressly waives its rights. No waivers of rights in respect of any act or default shall affect any other rights or any future rights in respect of a similar or other act
Agreement shall be governed by and construed in accordance with the law of Nevada, United States of America.
IN WITNESS WHEREOF this Agreement has been executed on the day and year first written above.