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EXHIBIT 10.8
[XxxXxx.xxx Letterhead]
July 29, 1999
Xxxxxxx Xxxxxxxx
0000 Xxxxxxxx Xxxxx
Xxx Xxxxx, XX. 92130
Re: Employment Contract
Dear Xxxxxxx:
Pursuant to our conversations and the conclusion of a month consulting
Agreement with XxxXxx.xxx (the Company), the Company is prepared to offer you a
one year employment contract.
Your position would be Vice President Marketing and Marketing Director.
Your duties would include, but not be limited to, directing and coordinating all
marketing efforts on behalf of the Company. This would include developing and
implementing a strategic marketing plan for the Company, as well as organizing
and implementing all phases of business development activities. Your duties
would also include working with our P.R. firm and supervising all advertising as
well as assisting with our CSR system to be implemented.
Your compensation would be a base salary of $6750 per month plus an
additional $250 per month as credit toward a medical plan. The Company will also
grant you a qualified two year option to purchase 50,000 shares of common stock
in the Company at $3. 00 per share. As a signing bonus the Company would also
issue 15,000 shares of common stock in the Company contingent on you completing
one year of employment with the Company commencing August 1, 1999.
If this is agreeable please sign and return a copy of this letter and we
will draft a more formal agreement.
Very sincerely, Approved
Xxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxx
CEO
