Exhibit 10.5
MediaComm Broadcast Systems, Inc.
Employment Agreement
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This Agreement is made on December 01, 1998, by and between MediaComm
Broadcast Systems, Inc. (hereinafter "Company"), and ▇▇▇ ▇.▇▇▇▇▇▇▇▇
(hereinafter "Employee").
I. Employee Responsibility:
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A. Employee is responsible for carrying out the duties as President of
MediaComm Broadcasting Systems, Inc.
II. Compensation:
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A. Employee will receive a no salary for the first eighteen months of
service for MediaComm Broadcasting Systems, Inc.
III. Termination:
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A. Compensation upon termination:
1). Voluntary termination (Employee resignation):
Salary will be paid to Employee up to and including the last day
on employment.
2). Involuntary termination (Employee fired by the Company):
Salary will be paid to Employee up to and including the last day
of employment.
B. Company Property:
Upon termination all company materials and property will be
returned by Employee to Company.
C. Company Clientele:
Employee agrees that, if terminated (voluntarily or
involuntarily), Employee will not, for a period of three months,
call upon any client of the Company.
In witness whereof, the parties below have executed this Agreement in Denver,
Colorado, on this date indicated above.
Contractor
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Signature Date
MediaComm Broadcasting Systems, Inc.
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ 12-1-98
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President