July 2, 2000
Xx. Xxxx Xxxxxxxx
Xxxxxxxx, Xxxxx & Xxxxxxxxxx
000 Xxxxx Xxxx Xxxxxx
Xxxxxxxx, Xxx Xxxxxx 00000
Dear Xx. Xxxxxxxx,
This letter will confirm our agreement with respect to your compensation for
ongoing assistance to the Company in connection with its continuing efforts to
locate a governmental entity within the US or Puerto Rico to co-develop and
install a TCS-1 system.
The Company acknowledges that you have already initiated considerable efforts on
this task without compensation and are willing to continue to do so through
2001.
The Company's Board of Directors has authorized me as President to award you
1,200,000 shares of common stock to be issued to you and registered pursuant to
Form S-8. You shall act as an independent contractor in this regard and these
services are separate and apart from any legal services you, your law firm or
any member of Xxxxxxxx, Xxxxx & Xxxxxxxxxx LLC renders. You are authorized not
to charge any of your time on this project, as part of your firm's legal fees
and acknowledge that you have not done so in the past. You shall render two
quarterly reports with the first six (6) months report due July 30, 2001.
We appreciate your assistance.
/s/ XXXX X. XXXXXXXX XX.
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Xxxx X. Xxxxxxxx Xx.
President / CEO
/jfr
c.c. Xxxxxxx Xxx