EXHIBIT 10.8
EMPLOYMENT AGREEMENT FOR XXXXX XXXXXXXX WITH THE SEREFEX CORPORATION
POSITION: CONTROLLER
SALARY AGREEMENT:
$40,000.00 Start $10,000.00 COST FOR 1ST 90 DAYS
Feb. 16, 2004-May 15, 2004
$50,000.00 At 3 Months $12,500.00 COST FOR 2ND 90 DAYS
May 16, 2004-Aug. 13, 2004
$60,000.00 At 6 Months $15,000.00 COST FOR 3RD 90 DAYS
Aug. 14, 2004-Nov. 11, 2004
$70,000.00 At 9 Months $17,500.00 COST FOR 4TH 90 DAYS
Nov. 12, 2004-Feb. 9, 2005
$80,000.00 At 12 Months STARTING FEB. 10, 2005
SHARE AGREEMENT:
250,000 Shares at time of hire (Feb. 16, 2004).
250,000 Shares at one-year anniversary date (Feb. 10, 2005).
* Should I terminate my employment at my own will for any reason except for
the following: a) Serefex does not comply with the terms of this agreement;
I will return the 250,000 shares received at time of hire.
* Should Serefex terminate my employment after 180 days from original hire
date or my position eliminated for any reason except for the following: a)
I knowingly and willingly endanger the lives of others. b) I knowingly and
willingly misrepresented my abilities to Serefex or misrepresent Serefex; I
will receive the additional 250,000 shares at time of my departure.
OTHER TERMS:
2 Weeks paid vacation (not to be taken in succession).
Heath Insurance - None
Paid Holidays - 9 (New Years Day, Memorial Day, Independence Day, Labor Day,
Thanksgiving and the Friday that follows, Christmas Eve, Christmas Day, & New
Years Eve)
Paid Sick Days - 2
Paid Personal days - 2
Hours Of Operation-M-F 8am to 5pm
Required Overtime-On an as needed basis.
Start Date: 2/16/04
/S/ Xxxxx Xxxxxxxx /S/ Xxxxx Xxxx
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Xxxxx Xxxxxxxx Date Xxxxx Xxxx Date
President
