0001174783-02-000005 Sample Contracts

WORLD FINANCIAL SYSTEMS COMPANY LTD. EXECUTIVE STOCK OPTION AGREEMENT
Executive Stock Option Agreement • August 23rd, 2002 • World Financial Systems Co LTD • Nevada

World Financial Systems Company Ltd. (the "Company"), desiring to afford an opportunity to the Grantee named below to purchase certain shares of the Company's Common Stock and to purchase certain shares of the Company's Class B Stock to provide the Grantee with an added incentive as an employee of the Company or one or more of its subsidiaries, hereby grants to the Grantee, and the Grantee hereby accepts, an option to purchase the number of such shares specified below, during a term ending at midnight (prevailing local time at the Company's principal office) on the expiration date of this Option specified below, at the option exercise price specified below, subject to and upon the following terms and conditions:

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EXECUTIVE COMPENSATION AGREEMENT between WORLD FINANCIAL SYSTEMS COMPANY LTD. and DONALD STUART APPEL
Executive Compensation Agreement • August 23rd, 2002 • World Financial Systems Co LTD • Nevada

This Agreement is made this 10th day of June 2002, by and between WORLD FINANCIAL SYSTEMS COMPANY LTD., a Nevada corporation ("WORLD"), and DONALD STUART APPEL, ("APPEL").

EXECUTIVE COMPENSATION AGREEMENT between WORLD FINANCIAL SYSTEMS COMPANY LTD. and PAUL DOUGLAS BROWN
Executive Compensation Agreement • August 23rd, 2002 • World Financial Systems Co LTD • Nevada

This Agreement is made this 10th day of June 2002, by and between WORLD FINANCIAL SYSTEMS COMPANY LTD., a Nevada corporation ("WORLD"), and PAUL DOUGLAS BROWN, ("BROWN").

EXECUTIVE COMPENSATION AGREEMENT between WORLD FINANCIAL SYSTEMS COMPANY LTD. and ANNA MARIA ROSICKA
Executive Compensation Agreement • August 23rd, 2002 • World Financial Systems Co LTD • Nevada

This Agreement is made this 10th day of June 2002, by and between WORLD FINANCIAL SYSTEMS COMPANY LTD., a Nevada corporation ("WORLD"), and ANNA MARIA ROSICKA, ("ROSICKA").

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