Employment Contract Agreement Between Robert Orr and Water Pure International Inc. Dated July 1, 2006.
Exhibit
10.1
Employment
Contract Agreement Between Xxxxxx Xxx and Water Pure International Inc. Dated
July 1, 2006.
Water
Pure International, Inc. is hiring Xxxxxx Xxx to the Position of Chief Financial
Officer and asking to join the board of directors. Xxxxxx will perform all
the
duties associated with his title including but not exclusive to keeping all
accounting records, writing the 10Q’s and 10K, filing corporate tax return and
performing fiduciary duties as a board member. The payment will be 500,000
shares of restricted stock to be earned in 100,000 share allotments for each
one
full year term from the date of this agreement. These 500,000 shares will be
issued at the signing of this agreement. Xxxxxx also understands those shares
cannot be sold until one year after they are earned. This agreement will run
for
five years from the date stated above. If for some reason Xxxxxx X. Xxx leaves
the company, wether he resigns or is terminated the remaining unearned shares
will be returned to the company. Each 100,000 share lot is earned after he
has
worked a one full year. For example, if Xxxxxx X. Xxx works from July 1, 2006
to
August 1, 2007, then he only earned 100,000 shares and the remaining 400,000
shares will be returned.
These
shares will cover all fees that would have been occurred for the above services
during the time covered by this agreement.
/s/ Xxxxxx X. Xxx | /s/ Xxxx X. Xxxxxxxxx | ||
Xxxxxx X. Xxx |
Xxxx X. Xxxxxxxxx |
||