COMPENSATION AGREEMENT
Xxxxxxx X. Xxxxxx, Xx., W. Xxxxx Xxxxxxxx, Xxxxx X. Xxxxxxx, Esq.
and Xxxxxxx X. Xxxxxxxxxx, Esq., agree to accept 135,000, 135,000, 90,000 and
90,000 shares, respectively, of the one mill ($0.001) par value common stock
of Environmental Pyrogenics, Inc., a Nevada corporation (the "Company"), as
partial consideration for services rendered regarding the Agreement and Plan
of Reorganization between the Company and Versatech Manufacturing, Inc., a
Texas corporation.
Date: 12/22/97. /s/Xxxxxxx X. Xxxxxx, Xx.
Xxxxxxx X. Xxxxxx, Xx.
Date: 12/22/97. /s/W. Xxxxx Xxxxxxxx
W. Xxxxx Xxxxxxxx
Date: 12/22/97. /s/Xxxxx X. Xxxxxxx Esq.
Xxxxx X. Xxxxxxx Esq.
Date: 12/22/97. /s/Xxxxxxx X. Xxxxxxxxxx
Xxxxxxx X. Xxxxxxxxxx, Esq.
