Employment Agreement
THE JENEX CORPORATION
_____________________________________________________________________________________________
December 10, 2001
This Employment Agreement between The .Icnex Corporation and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ is effective for a three (3) year period beginning January I, 2002 and ending December :31, 2004. ▇▇. ▇▇▇▇▇▇ will serve as Executive Vice President USA of the Corporation. ▇▇. ▇▇▇▇▇▇'▇ duties and responsibilities will be at the direction of the President and include but not limited to US liaison to FDA its Registered Agent.
▇▇. ▇▇▇▇▇▇'▇ compensation for the three-year period will be as follows:
January l, 2002 through December 3l, 2002
$6,000.00USD/month
January t, 2003 through December 31, 2()03
$7,200.00USD/month
January l, 2004 through December 3'I, 2()04
$8,640.00USD/month
During this three-year contractual period the President and/or Board or Directors- may attach an addendum to this agreement establishing Incentive Bonuses for Completion of specific tasks.
▇▇. ▇▇▇▇▇▇ will he provided with Company vehicle of his choice and an expense account to cover all normal and necessary expenses to carry out his duties. The Corporation will maintain a Golf Club Membership on his behalf for the three-year period.
Additionally, ▇▇. ▇▇▇▇▇▇ as an incentive Bonus Will receive three (3) percent of the gross mount of any up-front licensing agreement fee, annual renewal or annual extension fees, negotiated in the Company's behalf during the three-year agreement period.
This Agreement is binding on the Corporation and any successor Corporation that may arise through merger, acquisition, or any other type of corporate restructuring.
Signed:
![[exhibit19002.gif]](https://www.sec.gov/Archives/edgar/data/1309552/000117571004000208/exhibit19002.gif)
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
![[exhibit19004.gif]](https://www.sec.gov/Archives/edgar/data/1309552/000117571004000208/exhibit19004.gif)
Date:
December 10, 2001
THE JENEX CORPORATION
_____________________________________________________________________________________________
December 10, 2001
This Employment Agreement between The Jenex Corporation and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ is effective for a three (3) year period beginning January I, 2002 and ending December :31, 2004. ▇▇. ▇▇▇▇▇▇▇ will serve as Chief Executive Officer and President of the Corporation. ▇▇. ▇▇▇▇▇▇▇' duties and responsibilities will be all of those that are commensurate with the title of CEO and President specified by the Board of Directors.
▇▇. ▇▇▇▇▇▇▇' compensation for the three-year period will be as follows:
January l, 2002 through December 3l, 2002
$18,000.00CAD/month
January t, 2003 through December 31, 2()03
$21,600.00CAD/month
January l, 2004 through December 3'I, 2()04
$23,932.00CAD/month
During this three-year contractual period the President and/or Board or Directors- may attach an addendum to this agreement establishing Incentive Bonuses for completion of specific tasks.
▇▇. ▇▇▇▇▇▇▇ will he provided with a leased vehicle of his choice and an expense account to cover all normal and necessary expenses to carry out his duties. The Corporation will maintain a Golf Club Membership on his behalf and pay all monthly expenses for the three-year period.
Additionally, ▇▇. ▇▇▇▇▇▇▇ as an incentive Bonus Will receive give (5) percent of the gross mount of the gross amount of any up-front licensing agreement fee, annual renewal or annual extension fees, negotiated in the Company's behalf during the three-year agreement period.
This Agreement is binding on the Corporation and any successor Corporation that may arise through merger, acquisition, or any other type of corporate restructuring.
Signed:
![[exhibit19006.gif]](https://www.sec.gov/Archives/edgar/data/1309552/000117571004000208/exhibit19006.gif)
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
![[exhibit19008.gif]](https://www.sec.gov/Archives/edgar/data/1309552/000117571004000208/exhibit19008.gif)
Date:
December 10, 2001
ADDENEDUM TO EMPLOYMENT AGREEMENT
(DATED DECE MBER 10, 2001)
BETWEEN
THE JENEX CORPORATION
AND
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ agrees to defer all compensation over $4,000.00 CAD a month per the above referenced Employment Agreement until one of the objectives listed below are met. The deferred compensation ▇▇▇▇ be accrued Oil u monthly basis; paid in total upon the completion of either objective being met.
Objectives
a.) A marketing/sales licensing agreement with an approved corporation.
b.)A financing arrangement raising n minimum funding of $2,000.000.00.
Signed:
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
![[exhibit19010.gif]](https://www.sec.gov/Archives/edgar/data/1309552/000117571004000208/exhibit19010.gif)
Dated:
December 10, 2001
ADDENEDUM TO EMPLOYMENT AGREEMENT
(DATED DECEMBER 10, 2001)
BETWEEN
THE JENEX CORPORATION
AND
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ agrees to defer all compensation over $8,000.00CAD a month per the above referenced Employment Agreement until one of the objectives listed below are met. The deferred compensation will be accrued on a monthly basis; paid in total upon the completion of either objective being met.
Objectives
a.)
A marketing/sales licensing agreement with an approved corporation.
b.)
A financing arrangement raising a minimum funding of $2,000.000.00.
Signed:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
![[exhibit19012.gif]](https://www.sec.gov/Archives/edgar/data/1309552/000117571004000208/exhibit19012.gif)
Dated:
December 10, 2001