Employment Agreement between Michael McLaren and W2 Energy, Inc.
▇▇
▇▇▇▇▇▇
▇▇▇
▇
▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇
Canadian
▇▇▇▇▇▇
▇▇
▇▇▇▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇
Phone
▇▇▇-▇▇▇-▇▇▇▇ Fax ▇▇▇-▇▇▇-▇▇▇▇
Web
▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇
January
3, 2006
▇▇.
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇,
▇▇
▇▇▇▇▇▇
▇▇▇▇▇
▇▇▇▇▇▇,
▇▇▇▇▇▇▇
▇▇▇
▇▇▇
Dear
▇▇.
▇▇▇▇▇▇▇:
Pursuant
to our recent discussions and on behalf of the Board of Directors of W2 Energy
Inc. (“WWEN”), I wish to take this opportunity to contract your services to act
as an officer of WWEN (Chief Executive Officer and President). Your specific
responsibilities and duties are as follows;
· Develop
and implement business strategies for the Company
· Provide
general management services and day-to-day operations of the
Company
· Maintenance
of internal controls
· Preparation
of records, quarterly reports, feasibility studies and budgets
· Custody
of Company’s funds and shares
· Planning
and controlling the Company’s cash position
· Provide
management and administrative services when required
· Prepare
regulatory reports, satisfy regulatory and listing requirements
· Maintain
transfer agent and legal council relations
· Consulting
on future investments
· Organize
meetings for directors, and
· Any
other
such activities that are required to maintain the efficient and effective
operations of the Company
1
WWTI
agrees to pay you a minimum fee of two thousand ($2,000) dollars per month
regardless of the companies cash position and a maximum of four thousand
($4,000) per month providing the companies cash position is greater than fifty
thousand ($50,000) dollars.
This
Agreement shall have an effective date of January 01, 2006 and expire December
31, 2006 with option to be renewed on terms to be agreed upon that time. WWEN
may terminate this Agreement at its discretion upon ninety (90) days
notice.
On
behalf
of the Board of Directors
/s/▇▇▇▇▇▇▇
▇▇▇▇▇▇▇
Director
Accepted
and agreed to this 3rd day of January 2006
By:/s/
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
2