Employment Agreement
January 3, 2005
This Employment Agreement between The Jenex Corporation and Xxxxxxx X. Xxxxxxx is effective for a two (2) year period beginning January 1, 2005 and ending December 31, 2006. Xx. Xxxxxxx will serve as Chief Executive Officer and President of the Corporation. Xx. Xxxxxxx duties and responsibilities will be those commensurate with the title of CEO and President, as specified by the Board of Directors.
Xx. Xxxxxxx’ compensation for the two-year period will be as follows:
January 1, 2005 through December 31, 2006
$30,000.00CAD/month
During this two-year contractual period the Board of Directors may attach an addendum to this agreement establishing Incentive Bonuses for completion of specific tasks.
Xx. Xxxxxxx will be provided with a leased vehicle(lease payment limited to $1000.00CDN/month) and an expense account to cover all expenses necessary to carry out his duties. Xx. Xxxxxxx will be provided with a Health/Dental plan.
This Agreement is binding on the Corporation and any successor Corporation that may arise through merger, acquisition, or any other type of corporate restructuring.
Signed:
The Jenex Corporation
Xxxxxxx X. Xxxxxxx
__________________________
________________________
Director
__________________________
Director
Date:
January 3, 2005
000 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxxx, Xxxxxxx X0X 0X0 Xxxxxx
Telephone: 000-000-0000 Fax: 000-000-0000 Email: xxxxx@xxxxxx.xx
