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Exhibit 4.8
RETAINER AGREEMENT
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The parties hereto, SECURFONE AMERICA INCORPORATED (hereafter SFI) and
XXX X. XXXXXX, in consideration of the mutual covenants herein contained, the
parties agree herein as follows:
1. Between May 22, 1996 and September 30, 1997, XXXXXX will provide, on
demand as reasonable required by SFI, consulting services to SFI concerning
matters within XXXXXX'X expertise and germane to SFI business activities.
2. SFI agrees that is shall compensate XXXXXX by the provision of 2,500
shares of SFI or its option equivalent at such time as SFI releases such shares
for compensation of those individuals likewise providing consulting and
professional services to SFI, but in no event later than February 28, 1998.
3. XXXXXX agrees SFI's liability shall be limited to stock or options
aforesaid, and that SFI makes no representation or warranty as to their market
value or marketability.
4. The services to be provided by XXXXXX shall be provided at such times
and locations as are convenient to SFI or it's officers.
/s/ Xxx X. Xxxxxx
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XXX X. XXXXXX
/s/ Xxxxxxx X. Xxx
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XXXXXXX X. XXX
