EXECUTIVE CONSULTANT AGREEMENT
This Executive Consultant Agreement (the "Agreement") is
made and entered into effective as of the 1st day of April,
2000 (the "Effective Date"), between BURRARD TECHNOLOGIES,
INC., a Nevada corporation, (the "Company") and XXXXXXX
XXXXXXXXX (the "Consultant").
WHEREAS:
A. The Company is engaged in the business of developing
and operating an Internet based computer software business.
B. The Company desires to retain the Consultant to act as
President and Chief Executive Officer of the Company and to
provide consultant services to the Company on the terms and
subject to the conditions of this Agreement.
C. The Consultant has agreed to act as President and Chief
Executive Officer of the Company and to provide consultant
services to the Company on the terms and subject to the
conditions of this Agreement.
THIS AGREEMENT WITNESSES THAT in consideration of the
premises and mutual covenants contained in this Agreement
and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties,
intending to be legally bound hereby, agree as follows:
1. DEFINITIONS
1.1 The following terms used in this Agreement shall have
the meaning specified below unless the context clearly
indicates the contrary:
(a) "Consultant Fee" shall mean the consultant fee
payable to the Consultant at the rate set forth in
Section 5.1;
(b) "Board" shall mean the Board of Directors of the
Company;
(c) "Term" shall mean the term of this Agreement
beginning on the Effective Date and ending on the
close of business on the effective date of the
termination of this Agreement.
2. ENGAGEMENT AS A CONSULTANT
2.1 The Company hereby engages the Consultant as a
consultant to provide the services of the Consultant in
accordance with the terms and conditions of this Agreement
and the Consultant hereby accepts such engagement.
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3. TERM OF THIS AGREEMENT
3.1 The term of this Agreement shall become effective and
begin as of the Effective Date, and shall continue until the
close of business on March 31, 2002 unless this Agreement is
earlier terminated in accordance with the terms of this
Agreement.
4. CONSULTANT SERVICES
4.1 The Consultant agrees to act as President and Chief
Executive Officer of the Company and to perform the
following services and undertake the following
responsibilities and duties to the Company to be provided by
the Consultant to the Company as consulting services (the
"Consulting Services"):
(a) exercising general direction and supervision over
the business and financial affairs of the Company;
(b) providing overall direction to the management of
the Company;
(c) reporting directly to board of directors of Company;
(d) performing such other duties and observing such
instructions as may be reasonably assigned from
time to time by or on behalf of the board of
directors of the Company in the Consultant's
capacity as President and Chief Executive Officer,
provided such duties are within the scope of the
Company's business and implementation of the
Company's business plan.
4.2 Throughout the Term of this Agreement, the Company
shall also nominate the Consultant to serve as a member of
the Board and upon such nomination Consultant shall agree to
so serve.
4.3 The Consultant initially shall be based in Vancouver,
British Columbia.
4.4 The Consultant shall devote his attention and energies
to the business affairs of the Company on a part-time basis
as may be reasonably necessary for the discharge of his
duties as President and Chief Executive Officer, provided,
however, the Consultant may engage in reasonable business,
investment and other personal activities that do not
interfere with the Consultant's obligations hereunder.
4.5 The Consultant will at all times be an independent
contractor and the Consultant will not be deemed to be an
employee of the Company.
