Executive Employment AgreementExecutive Employment Agreement • November 15th, 2004 • Axesstel Inc • Communications equipment, nec • California
This Executive Employment Agreement (“Agreement”) is entered into this 9th day of November, 2004 by and between Axesstel, Inc. (“Axesstel” or the “Company”) and Mike H.P. Kwon (“Executive”). The parties hereto agree as follows:
SECURITY AGREEMENT: RIGHTS TO PAYMENTSecurity Agreement • November 15th, 2004 • Axesstel Inc • Communications equipment, nec • Nevada
SUBSCRIPTION AGREEMENT (Shares) AXESSTEL, INC.Subscription Agreement • November 15th, 2004 • Axesstel Inc • Communications equipment, nec • Nevada
SHARE INTERESTS IN AXESSTEL, INC., A NEVADA CORPORATION, HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, IN RELIANCE UPON EXEMPTION FROM REGISTRATION PROVIDED BY SECTION 4(2) OF THAT ACT. FURTHER, THE INTERESTS ARE BEING SOLD PURSUANT TO REGISTRATION OR EXEMPTIONS IN VARIOUS STATES IN WHICH THEY ARE BEING OFFERED AND MAY BE SUBJECT TO ADDITIONAL RESTRICTIONS ON TRANSFER IN SUCH JURISDICTIONS. THE INTERESTS CANNOT BE SOLD, TRANSFERRED, ASSIGNED OR OTHERWISE DISPOSED OF EXCEPT IN COMPLIANCE WITH THE RESTRICTIONS ON TRANSFERABILITY CONTAINED IN THE SHARE PURCHASE AGREEMENT, AND APPLICABLE FEDERAL AND STATE SECURITIES LAWS AND WILL NOT BE TRANSFERRED OF RECORD EXCEPT IN COMPLIANCE WITH THE SUCH LAWS.
