WRITTEN COMPENSATION AGREEMENT
Subject to the following shares of common stock ("restricted
securities") being issued pursuant to Rule 701 of the Securities and Exchange
Commission, Xxxxxxx X. Xxxxxx, Xx., W. Xxxxx Xxxxxxxx and Xxxxxxx X.
Xxxxxxxxxx, Esq., agree to respectively accept 800,000, 800,000 and 400,000
shares of the one mill ($0.001) par value common stock of Process Technology
Systems, Inc., a Nevada corporation (the "Company"), for non-capital raising
services rendered regarding the Company, including, but not limited to
bringing the Company current in its filings with the State of Nevada; various
meetings and conferences in respect thereof; review of related correspondence
and corporate records; discussions with the Company's accounting firm and
review of drafts and final copies of audited financial statements; and various
conference calls and discussions with Xx. Xxxxxxxxxx respecting same; all of
which services are valued at $2,000 or $0.001 per share.
Date: 1/5/2000. /S/Xxxxxxx X. Xxxxxx, Xx.
Xxxxxxx X. Xxxxxx, Xx.
Date: 1/5/2000. /s/W. Xxxxx Xxxxxxxx
W. Xxxxx Xxxxxxxx
Date: January 5, 2000 /s/Xxxxxxx X. Xxxxxxxxxx
Xxxxxxx X. Xxxxxxxxxx, Esq.
ACCEPTED:
PROCESS TECHNOLOGY SYSTEMS, INC.
By/s/Xxxxxxx X. Xxxxxx, Xx. Date: 1/5/2000.
Its President
