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EXHIBIT 10.32
EMPLOYMENT
AGREEMENT
WHEREAS XXXXXXXX.XXX TECHNOLOGIES INC., Xxxxx 000, 0000 Xxxxxxx Xxxxxx,
Xxxxxxxxx, XX, X0X 0X0, (the "Employer"); and
WHEREAS XXXX XXXX, (the "Employee");
HEREBY AGREE that as of December 6, 1999, the Employee and the Employer will
enter into an interim Employment Agreement for a trial period of 6 months from
the date of execution, during which time the appropriate training and transfer
of information will be conducted. The terms of this agreement are as follows:
a) the Employee agrees to apply, on a full-time basis, all of the time,
effort, skill and accountability necessary and appropriate for the
position of Chief Operating Officer with the Employer;
b) the Employee agrees to enter into a Non-disclosure and Solicitation
Agreement, attached hereto and agrees not to consider any additional
employment or consulting work with any organizations involved,
directly or indirectly, with Xxxxxxxx.xxx Technologies or it's
subsidiaries, without full and prior written approval of the Board of
Directors of Xxxxxxxx.xxx Technologies, Inc.
IN CONSIDERATION WHEREOF, the Employer will provide the Employee with the
appropriate training and information, and will make available all the necessary
tools and equipment required to perform in the above-mentioned capacity.
Compensation for this agreement, as provided for by the Employer, will consist
of the following:
i) base salary of $90,000.00 Cdn. per annum, paid out on the 15th and the
last day of the month for the duration of the trial period;
ii) cellular phone;
iii) paid parking;
iv) an option package, consisting of a number of shares to be negotiated,
of Xxxxxxxx.xxx Corporation, at current market prices, in accordance
with the Company's Option Plan;
v) two weeks paid vacation, accrued on an annual basis;
vi) basic medical, dental and insurance coverage as set out in
accompanying package;
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vii) Sony Laptop and Palm Pilot, which upon successful completion of the
six month trial period, will belong to the Employee. If prior to the
six month trial period the Employee ceases to be Employed by the
Employer, the Employee may buy-out the lap top and palm pilot on a 180
day pro-rata basis.
THIS AGREEMENT, pursuant to the terms and conditions above, will remain in full
effect unless otherwise agreed upon by the Employee and the Employer, or both,
upon written notice. Either the Employee or the Employer, upon written notice,
may terminate this agreement at anytime. At the end of this six month trial
period, assuming both parties are in full agreement, a formal Employment
Agreement will be entered into incorporating a more detailed description of the
above.
DATED at Vancouver, British Columbia, the 6th day of December, 1999
ACKNOWLEDGED AND AGREED TO BY:
XXXXXXXX.XXX TECHNOLOGIES INC. XXXX XXXX
/s/ Xxxxxx Xxxxxx /s/ Xxxx Xxxx
Employer Employee