June 9, 2003
Xxxxx X. Xxxxxx
455 East 000 Xxxxx, #000
Xxxx Xxxx Xxxx, Xxxx 00000
M. E. Xxxxx
455 East 000 Xxxxx, #000
Xxxx Xxxx Xxxx, Xxxx 00000
Re: Written Compensation Agreement for the issuance of shares of
common stock of Oak Ridge Micro-Energy, Inc., a Colorado
corporation (the "Company"), in consideration of certain
consulting services rendered by you as employees of SCS, Inc., a
Utah corporation ("SCS"), pursuant to its Consulting Agreement
with the Company under date of February 10, 2003
Dear Gentlemen:
This agreement will confirm that the Company will issue to each of you
5,000 shares of common stock of the Company to be registered on Form S-8 of
the Securities and Exchange Commission for the following consulting services
rendered to or for the benefit of the Company as an employee of SCS from and
after February 10, 2003, to the date hereof: Consultation regarding election
of new members of management, including the search for a President and CFO;
Business Plan drafting and formulation; and the introduction to potential
customers of products being developed by the Company.
The Company will also issue you each an additional 5,000 shares of
"restricted" securities (common stock) of the Company as additional
consideration for these services.
The issuance of these securities shall be in full compensation of any and
all services rendered by either of you to the Company to the date hereof.
Thank you very much.
Yours very sincerely,
/s/ Xxxx Xxxxxxxxxx
Accepted:
/s/ Xxxxx X. Xxxxxx
/s/ M. E. Xxxxx
