EXHIBIT 10.11
01 Jan. 2003 Kurgan city
EMPLOYMENT CONTRACT
Limited Liability Company "Zauralneftegaz" headed by Director General Xxxx
Xxxxxxxxx, further referred to as the Employer, on one side, and Xxxxxx Xxxxxxx,
further referred to as the Employee, on the other side, have entered the current
contract outlining the following:
1. With the current employment contract, the Employee assumes the position of
VICE PRESIDENT & ASSISTANT DIRECTOR GENERAL OF LIMITED LIABILITY COMPANY
"ZAURALNEFTEGAZ".
2. Adhering to the current contract, the Employee performs all tasks specified
in the position duties manual.
The Employer assigns a monthly salary rate to the Employee consisting of 75
000 (seventy-five thousand) rubles to be paid when financing is raised.
3. The Employee shall be granted annual vacation time in compliance with the
employment code.
4. In regards to other issues, the sides hold rights and carry out obligations
in compliance with the employment code requirements.
5. The current contract is disclosed in two original copies and is in effect
from 01 Jan. 2003 until 01 Jan. 2006.
6. Premature termination of the contract must be carried out with reference to
the employment code requirements.
7. Locations of sides: Employer: Limited Liability Company "Zauralneftegaz",
Kurgan city, Lenina St., 27/X.
Director General:
/s/ Xxxx Xxxxxxxxx, Xxxx Xxxxxxxxx
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Employee: Xxxxxx Xxxxxxx, passport series 37 03 #720537 issued 03 Apr. 2002,
Kurgan city
450110828287 031-843-843-45
D.O.B. 08 Sep. 1963.