ELEMENT 21 GOLF COMPANY

ELEMENT 21 GOLF COMPANY

January 4, 2006

Element 21 Golf Co. (Element) agrees to employ Xxxxxxxx Xxxxx as its President and CEO. Xx. Xxxxx will work full time as an independent contractor, while serving as President and CEO. The term of employment will begin January 1, 2006 for one year, renewable for additional two terms. The total term of this contract is three years. During the term of this agreement Element will pay Xx. Xxxxx $20,000 per month in cash/stock or option as requested by Xx. Xxxxx. The value of the shares is set at the closing price of the day of this agreement ($0.08). The Element common stock will be issued on monthly basis. Element will reimburse Xx. Xxxxx’x expenses incurred on behalf of Element. Xx. Xxxxx will also receive a stock option package of 2,000,000 per year at an exercise price of $0.08.

Element will be able to terminate Xx. Xxxxx at any time with complete repayment of any outstanding debts to Xx. Xxxxx, a cash payment of $500,000 and 10,000,000 million shares of common stock of EGLF.

All stock will be issued in whatever name Xx. Xxxxx and in whatever denominations Xx. Xxxxx requests. All stock issuances will be adjusted for stock splits, dividends or other changes to the common stock. All stock issued will be freely tradable and issued without restriction. Element will extend any and all indemnification rights and D and O insurance (if any) coverage to Xx. Xxxxx in her capacity as Chief Executive Officer and President as allowed by law.

/s/Xxx Xxxxx

Xxx Xxxxx

/s/Xxxxxx Xxxxx

Xxxxxx Xxxxx