Omega United Inc
EX-10.2
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>a08-11087_1ex10d2.htm
<DESCRIPTION>EX-10.2
<TEXT>

<html>

<head>





</head>

<body lang="EN-US" style="text-justify-trim:punctuation">

<div style="font-family:Times New Roman;">

<p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit
10.2</font></b></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Employment Agreement</font></u></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This
Employment Agreement (the &#147;Agreement&#148;), dated as of August&nbsp;1, 2006 is
entered into between SkyPostal,&nbsp;Inc., a Delaware corporation (the &#147;Company&#148;)
whose address is 7805 NW 15<sup>th</sup> Street, Miami, Florida 33126, and Albert
P. Hernandez (the &#147;Executive&#148;) whose address is at 14751 Marvin Lane, Southwest
Ranches, Florida 33330.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Recitals</font></u></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company is engaged in international mail
distribution services; and,</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">B.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company desires to employ the Executive
in connection with such business and as Chief Executive Officer and President
and the Executive is willing to accept such employment, on the terms and
subject to the conditions set forth in this Agreement.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-decoration:underline;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Agreement</font></u></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In
consideration of the foregoing and of the mutual promises set forth in this
Agreement, the Company and the Executive agree as follows:</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Employment</u></b>.&#160; The
Company hereby employs the Executive as Chief Executive Officer and President
of the Company, and the Executive hereby accepts such employment, upon the
terms and subject to the conditions set forth in this Agreement.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Term</u></b>. The initial term of this Agreement shall be
for five (5)&nbsp;years, commencing on the date hereof (the &#147;Commencement Date&#148;)
and ending on the fifth anniversary of the Commencement Date, subject to
earlier termination pursuant to the provisions of Section&nbsp;10. This
Agreement may be renewed thereafter only by a writing duly executed by both
parties</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Duties</u></b>.&#160;
During the term of this Agreement, the Executive shall serve as Chief
Executive Officer and President of the Company and shall perform all duties
commensurate with his position and as may reasonably be assigned to him from
time to time by the Board of Directors of the Company (the &#147;Board&#148;). The
Executive shall report directly to the Board. The Executive shall devote his
full business time and energies to the business and affairs of the Company and
shall use his reasonable efforts, skills and abilities to promote the interests
of the Company and to diligently and competently perform the duties of his
position.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Compensation and Benefits</u></b>. From and after the Commencement Date:</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Base Salary</u></b>. The Company shall pay compensation to the
Executive at a gross rate of $200,000 per year (as in effect from time to time,
the &#147;Salary&#148;) less all applicable tax withholdings, subject to periodic
increase from time to time upon the review and determination of the Board in
its discretion, which review shall be conducted no less frequently than
annually on or about May&nbsp;1<sup>st</sup> of each year.&#160; The Executive&#146;s Salary shall be payable in
accordance with the normal payroll practices and policies of the Company.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Bonus Compensation</u></b>. The Company shall pay to the Executive
bonus compensation (&#147;Bonus Compensation&#148;) equal to three percent (3%) of the
net income before taxes for each fiscal year of the Company up to a maximum
amount of $500,000 per each fiscal year, commencing with the current fiscal
year of the Company, which bonus shall be payable by March&nbsp;15<sup>th</sup>
after conclusion of each fiscal year.</h2>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Vesting Stock Sale</u></b>.&#160; The
Executive shall also receive an option to purchase 2,311,440 shares of the
Company&#146;s common stock, $0.0001 par value, at an exercise price of US$0.30 per
share.&#160; The Executive will execute the
purchase of these shares at the strike price of US$0.30 and the company will
accept a note for payment of said shares at Prime Rate as reported in the Wall
Street Journal on the first day of every month. Payable in full on November&nbsp;30,
2010. The Company will retain the right to repurchase the unvested shares as
follows:</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Unvested Share
Repurchase Right shall terminate with respect to the Unvested Shares<b>  </b>for which it is not timely exercised. In
addition, the Unvested Share Repurchase Right shall terminate and cease to be
exercisable, and such Purchased Shares shall cease to be Unvested Shares and
Purchaser shall thereupon acquire a vested interest therein (such shares to be
hereinafter called the &#147;Vested Shares&#148;) as to one-third (1/3) of Purchaser&#146;s
Purchased Shares on November&nbsp;1, 2008 and each of November&nbsp;1, 2009;
and November&nbsp;1, 2010; provided, however, that one hundred percent (100%)
of the Purchased Shares shall become Vested Shares upon the earliest to occur
of, (i)&nbsp;Liquidity Event, and (ii)&nbsp;termination of Purchaser&#146;s
employment arrangement with the Company without &#147;Cause&#148;.</font></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Employee Benefits</u></b>. During the term of this Agreement, the
Executive shall be entitled to participate in or benefit from, in accordance
with the eligibility and other provisions thereof, such medical, life and
disability insurance, pension, retirement, life insurance, bonus, profit
sharing, 401(k)&nbsp;plans or policies (which shall include at a minimum
medical insurance coverage (health, dental and supplemental insurance) for the
Executive and his family) and such other benefits as the Company may make
available to, or have in effect for, its executive personnel and employees from
time to time.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Life Insurance.</u></b> During the term of this Agreement, the
Company agrees to pay the quarterly premiums on the Executive&#146;s life insurance
policy with CNA Valley Forge Insurance Company.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Disability Insurance. </u></b>During the term of this Agreement, the
Company agrees to provide Executive with Disability Insurance that will cover
at least eighty (80%) of the Executive&#146;s Base Salary in
the event of his inability to work.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Directors and Officers
Liability Insurance</u></b>.
During the term of this Agreement and
for a period of five (5)&nbsp;years after the Executive ceases to be a director,
the Company agrees to provide Executive with Directors and Officers Liability
Insurance coverage of a minimum of $5 million.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Vacation</u></b>. The Executive shall be entitled to twenty
one (21) business days paid
vacation in each calendar year and shall also be entitled to paid sick leave,
holidays and other similar benefits in accordance with policies of the Company
from time to time in effect for its executive personnel generally.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Communications Equipment</u></b>.&#160; The
Company acknowledges that the Executive has provided his own personal lap top
and cellular telephone for use in the business of the Company that receives and transmits electronic
correspondence. The Company will pay the Executive&#146;s phone service and usage
and provide email service thru the Company&#146;s
servers. Upon termination of this Agreement,
the Company acknowledges that the cellular </h2>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">telephone and personal lap
top are the Executive&#146;s personal property and shall be retained by Executive.</font></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Car Allowance.</u></b>&#160;&#160; In
lieu of a Company car, during the term of this Agreement, the Company will pay Executive
a car allowance of Seven Hundred Dollars (US$700) per month. Any reasonable maintenance expenses such as
replacement tires, service maintenance and repairs will also be paid by the Company.&#160;
In addition, during the
Term of this Agreement, the Corporation shall provide Executive with a gas
card.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(k)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Association Dues</u></b><b>.</b>&#160;
During the Term of this Agreement, the Corporation may pay reasonable
initiation fees and dues payable in connection with the Executive&#146;s membership(s)&nbsp;in
those clubs and activities that in the opinion of the Board are in furtherance
and directly related to the active conduct of the Corporation&#146;s business and
are consistent with sound tax planning.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(l)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Federal Income Tax
Withholding</u></b>. The Company
shall<b>  </b>withhold
from compensation, bonuses and benefits payable under this Agreement, or
arrange for the payment of, federal, state, local or other taxes as required
pursuant to law or governmental regulation or ruling.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(m)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Indemnity</u></b>. In addition to any and all other indemnity
rights to which the Executive may be entitled under the Articles of
Incorporation or Bylaws of the Company, or otherwise, the Executive shall be
indemnified and held harmless by the Company to the maximum extent permitted by
law or future legislation or by current or future judicial or administrative
decision (but, in the case of any future legislation or decision, only to the
extent that it permits the Company to provide broader indemnification rights
than permitted prior to the legislation or decision) for any and all such director, losses, claims, suits,
proceedings, arbitrations, mediations, liabilities, fines, assessments, settlements, damages, costs and
expenses (including, without limitation, reasonable fees and disbursements of
counsel), whether suit is instituted or not and, if instituted, whether at any
trial or appellate level (collectively, the &#147;Liabilities&#148;), which may arise in
connection with, as a result of, or based upon the performance of Executive&#146;s
duties hereunder as an employee or
director or his employment by
the Company, including, without limitation, any derivative suits or other suits
brought by or on behalf of the shareholders of the Company.&#160; In the event of any claim against the
Executive which may give rise to Liabilities hereunder, the Executive shall
give prompt written notice thereof to the Company, and the Company shall assume
the defense thereof at its own cost and expense. Costs, charges and expenses (including attorneys&#146; fees) incurred by
Executive in defending a civil or criminal suit, action or proceeding shall be
paid by the Company in advance of the final disposition thereof upon receipt of
an undertaking to repay all amounts advanced if it is ultimately determined
that Executive is not entitled to be indemnified by the Company as authorized
by the Articles of Incorporation, Bylaws, this Agreement or otherwise.&#160; If this subsection, the Articles of
Incorporation or Bylaws of the Company, or any portion thereof, is invalidated
on any ground by a court of competent jurisdiction, the Company nevertheless
shall indemnify Executive to the fullest extent permitted by all portions of
this subsection, Articles of Incorporation or Bylaw that has not been
invalidated and to the fullest extent permitted by law.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.</font><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b><u style="font-weight:bold;">Reimbursement of Business
Expenses</u></b>. During the
term of this Agreement, upon submission of reasonable supporting documentation
in accordance with such guidelines as may be established from time to time by
the Board, the Executive shall be reimbursed by the </h1>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Company for all reasonable
business expenses incurred by the Executive on behalf of the Company in
connection with the performance of services under this Agreement.&#160; Reimbursement will be made within thirty (30)<b>  </b>days of submission of properly
documented expense reports.</font></h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Personal Assistant</u></b><b>. </b>During the term of this Agreement, the Executive will be
provided with a personal assistant,
provided that, the total annual compensation package for such personal assistant shall not exceed $20,000. The
Executive will reimburse the Company for any amounts paid in excess of that.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Loans by Executive to the
Company</u></b><b>.&#160; </b>The Company acknowledges that the Executive
has made several personal loans to the Company totaling over $300,000 that are
Home Equity loans secured by the Executive&#146;s personal residence and his
personal credit cards. Upon termination of this Agreement for any reason whatsoever, any and all loan amounts
due to the Executive shall be paid in full by the Company.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Representation of Executive</u></b>.&#160; The
Executive represents and warrants that he is not a party to, or bound by, any
agreement or commitment, or subject to any restriction, including, but not
limited to, agreements related to previous employment containing
confidentiality or non-compete covenants, which now or in the future may
adversely affect the business of the Company or the performance by the
Executive of his duties under this Agreement.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Company Property</u></b><b>.</b></h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>With the exception
of the &#147;GPS Based PDA Algorithm Process&#148; described herein, which it is
acknowledged and agreed was invented by Executive prior to his employment with
the Company, the Company shall
be the sole owner of all products and proceeds resulting from the Executive&#146;s services
hereunder, including, but not limited to, all materials, ideas, concepts,
formats, developments, arrangements, packages, programs and other intellectual
property that the Company develops or creates during Executive&#146;s employment
hereunder, free and clear of any claims by the Executive (or anyone claiming
under the Executive) of any kind or character whatsoever. The Executive agrees,
at the request and cost of the Company, to execute such assignments,
certificates or other instruments as the Company may from time to time deem
reasonably necessary or desirable to evidence, establish, maintain, perfect,
protect, enforce or defend its right, title and interest in or to any such
properties. Upon the termination of the Executive&#146;s employment for any reason
whatsoever, all documents, records, notebooks, equipment, price lists,
specifications, programs, customer, and prospective customer list and other
materials which refer or relate to any aspect of the Company&#146;s business which
are in the possession of the Executive (including all copies thereof), shall be
promptly returned to the Company, with
the exception of the items of personal property identified in Section&nbsp;4(i)&nbsp;above.&#160; The company acknowledges that the Executive
has developed a technology before he was employed by the Company. The Executive
developed an algorithm process to link a physical descriptive address with GPS
coordinates to generate an 8 digit alpha numeric Postal Code equating to the
descriptive address. The Executive has permitted the company to utilize this
process and to file a process patent with the US Patent Office. In the event of
the Executive&#146;s termination the Company agrees to permit the Executive to
jointly own and use the process patent filed by the Company.</h2>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='4',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>With the exception
of the &#147;GPS Based PDA Algorithm Process,&#148; the Executive agrees that all processes, copyrights, trademarks,
technologies and/or inventions (&#147;Inventions&#148;), including new contributions,
improvements, brands, logos, ideas and discoveries, whether or not patentable
or eligible for trademark or copyright protection, conceived, developed,
invented or made by him during his employment by the Company shall belong to
the Company, provided that such Inventions grew out of the Executive&#146;s work
with the Company, are related in any manner to the Company&#146;s business or are
conceived or made on the Company&#146;s time or with the use of the Company&#146;s
facilities or materials. The Executive shall (i)&nbsp;promptly disclose such
Inventions to the Company; (ii)&nbsp;assign to the Company at the Company&#146;s
cost, without additional compensation, all patent and other rights to such
Inventions for the United States and foreign countries; (iii)&nbsp;sign all
papers reasonably necessary to carry out the foregoing; and (iv)&nbsp;at the
cost of the Company and subject to a
reasonable per diem, give testimony in support of his inventorship.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Confidentiality;
Non-compete.</u></b></h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Executive acknowledges that as a result
of his employment with the Company, the Executive has and will continue to have
knowledge of, and access to, the proprietary and confidential information of
the Company (collectively, the &#147;Confidential Information&#148;). Accordingly, except
as otherwise required by law, the Executive shall not, at any time during the
term of this Agreement or for a one year period after the termination of this
Agreement, use, reveal, report, publish, transfer or otherwise disclose to any
Person, any of the Confidential Information without the prior written consent
of the Board, except to responsible officers, employees, advisers and
consultants of the Company and other responsible persons who are in a
contractual or fiduciary relationship with the Company and who have a &#147;need to
know&#148; such information for purposes in the best interests of the Company. For
purposes hereof; Confidential Information shall not include any information
which: (i)&nbsp;at the time of disclosure is within the public domain; (ii)&nbsp;after
disclosure becomes a part of the public domain or generally known within the
industry through no fault, act or failure to act, error, effort or breach of
this Agreement by the Executive; or (c)&nbsp;is required by order, statute or
regulation, of any governmental authority to be disclosed to any federal or
state agency, court or other body.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If Confidential Information known to the
Executive or in his possession is subpoenaed, subject to a demand for
production, or any other form of legal process issued with respect to the
Confidential Information by any judicial, regulatory, administrative,
legislative or governmental authority, or any other Person, the Executive
agrees to notify the Company promptly that such subpoena, demand or other legal
process has been received. The Executive agrees to use, at the Company&#146;s
request and expense, his commercially reasonable efforts, consistent with the
requirements of applicable law, to protect the Confidential Information from
disclosure and to cooperate with the Company in seeking protection from
disclosure of the Confidential Information.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon the termination of this Agreement, the
Executive shall promptly deliver to the Company all originals and all copies
that are in the Executive&#146;s possession or control of the following: all
customer lists, drawings, manuals, letters, notes, notebooks, reports and all
other materials, including those of a secret or confidential nature, relating
to the business of the Company.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>So long as the Executive remains employed by
the Company and for a</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='5',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">period of six (6)&nbsp;months<b>  </b>after
the termination of his employment (the &#147;Restricted Period&#148;), the Executive
shall not, directly or indirectly, engage or have an interest, anywhere in
South Florida or any other geographic area where the Company does business or
in which its products are marketed at the time of termination, alone or in
association with others, as principal, officer, agent, employee, director,
partner or stockholder (except as an employee or consultant of the Company or
any of its Affiliates), in any business competitive with the business engaged
in by the Company.&#160; During the Restricted
Period, the Executive shall also not recruit or otherwise solicit or induce any
person who is an employee of the Company to terminate his or her employment with
the Company or hire any person who has left the employ of the Company during
the preceding year.&#160; The ownership or
control of up to five percent (5%) of the outstanding voting securities or
securities of any class of a company with a class of securities registered
under the Securities Exchange Act of 1934, as amended, shall not be deemed to
be a violation of the provisions of this Section&nbsp;10.&#160; In addition, commercialization
of the &#147;GPS Based PDA Algorithm Process&#148; by Executive shall not be deemed
prohibited by this Section&nbsp;10.&#160;
Notwithstanding the foregoing provisions of this Section&nbsp;10(d), in the event that (i)&nbsp;the
Executive is terminated for any reason (other than for Cause (as hereinafter
defined)), or (ii)&nbsp;the Company materially breaches this Agreement, the
provisions of this Section&nbsp;10(d)&nbsp;shall
terminate and be of no further force and effect.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:78.9pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Remedies</u></b><b>. </b>The parties agree that, in the event of a
breach of the provisions of Section&nbsp;8, the Company would suffer
irreparable harm. Accordingly, the Executive agrees that, in addition to any
other remedies available to the Company, the Company shall be entitled to
injunctive relief, specific performance and other equitable relief to secure
the enforcement of thereof. If any provisions of Section&nbsp;7 relating to the
time period, scope of activities, geographic area of restrictions or otherwise
is declared by a court of competent jurisdiction to exceed the maximum
permissible time period, scope of activities, geographic area or other matter
of public policy, the maximum time period, scope of activities, geographic area
or other matter, as the case may be, shall be reduced to the maximum which such
court deems enforceable.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Termination</u></b>. This Agreement may be terminated prior to
the expiration of the term set forth in Section&nbsp;2 upon the occurrence of
any of the events set forth in, and subject to the terms of, this Section&nbsp;10.</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Death</u></b>. This Agreement will terminate immediately
and automatically upon the death of the Executive.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Disability</u></b><b>.&#160; </b>This Agreement may be terminated at the Company&#146;s option, immediately
upon written notice to the Executive, if the Executive shall suffer a permanent
disability. For the purposes of this Agreement, the term &#147; permanent disability&#148;
shall have the meaning set forth in the Company&#146;s disability insurance policy,
as in effect from time to time, or in the absence of such a definition therein,
shall mean the Executive&#146;s inability to perform one or more of his essential
duties under this Agreement with reasonable accommodation for a period of 120
consecutive days or for an aggregate of 150 days, whether or not consecutive,
in any twelve month period (the &#147;Disability Period&#148;), due to illness, accident
or any other physical or mental incapacity, as reasonably determined by a physician
selected in good faith by the Board.</h2>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='6',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font style="letter-spacing:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font></font><font style="letter-spacing:0pt;"><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font><font style="letter-spacing:0pt;"><b><u><font face="Times New Roman" style="font-weight:bold;">Cause</font></u></b></font><font style="letter-spacing:0pt;"><font face="Times New Roman">. This Agreement may be terminated at the Company&#146;s option, immediately
upon written notice to the Executive for Cause. For purposes of this Agreement,
&#147;Cause&#148; shall mean Executive&#146;s (i)&nbsp;conviction for fraud or embezzlement;
or (ii)&nbsp;willful misconduct or gross negligence in connection with the
performance of his duties hereunder (other than as a result of total or partial
incapacity due to physical or mental illness).&#160;
For purposes of this Agreement, no act or failure to act by Executive
shall be deemed &#147;willful&#148; or &#147;negligent&#148; unless done, or admitted to be done,
in bad faith or without the reasonable belief that the act or failure to act
was in the best interest of the Company. Any act or failure to act on the basis
of authority given by a resolution duly adopted by the Company&#146;s Board of
Directors or on the basis of advice given by legal counsel for the Company </font></font>or the Company&#146;s
accountants <font style="letter-spacing:0pt;"><font face="Times New Roman">shall be conclusively presumed to have been done,
or omitted to be done, in good faith and in the best interest of the Company.&#160; In addition to the foregoing, no termination
of Executive&#146;s employment shall be for Cause unless such termination shall have
been authorized in advance by a resolution adopted by the Board of Directors of
the Company and delivered to Executive following a meeting of the Board of
Directors at which Executive shall have been afforded a reasonable opportunity
to refute the purported grounds for termination for Cause.</font></font></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Termination
for &#147;Good Reason&#148;</u></b>. The Executive may terminate his employment under this
Agreement for &#147;Good Reason.&#148; For purposes of this Section&nbsp;12(d), the Executive shall have &#147;Good Reason&#148; to terminate his
employment any time during the term of this Agreement if, after a Change in
Control of the Company (as defined below), the Company (i)&nbsp;assigns to the
Executive any duties that are inconsistent with the positions described in Section&nbsp;3
of this Agreement, (ii)&nbsp;diminishes significantly the then existing duties
of the Executive without the written consent of the Executive, (iii)&nbsp;removes
the Executive from or fails to re-elect the Executive to the positions
described in Section&nbsp;3 of this Agreement, (iv)&nbsp;materially fails to
comply with Section&nbsp;4 of this Agreement, or (v)&nbsp;requires the
Executive to be based at any office or location other than the Company&#146;s Miami
location which change of location would require the Executive to commute a
distance from his primary residence in excess of thirty (30) miles.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For purposes of this Agreement, a &#147;Change in Control&#148; means
the occurrence of any of the following events with respect to the Company: (i)&nbsp;consolidates
with, merges into or with or enters into any pool, joint venture, syndicate or
other combination with another Person (other than an Affiliate), (ii)&nbsp;permits
any Person (other than an Affiliate) to acquire in any manner whatsoever any
portion of its capital stock or other ownership interests equal to or in excess
of ten percent (10%), whether in a single transaction or series of related or
unrelated transactions, (iii)&nbsp;the liquidation or dissolution of the
Company or the sale, lease or other disposition of twenty percent (20%) or more
of its business or assets, in a single transaction or series of transactions,
except in the ordinary course of business, or (iv)&nbsp;entry into a management
or similar agreement with any Person (other than an Affiliate), which provides
for the management of the day to day operations of the Company by any such Person.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Notice of
Termination</u></b>. A termination of the Executive&#146;s employment under this Agreement shall be
communicated by the terminating party by written notice of termination (&#147;Notice
of Termination&#148;) that shall include (i)&nbsp;the date such termination is to be
effective; (ii)&nbsp;the specific termination provision in this Section&nbsp;10
upon which the terminating party has relied; and (iii)&nbsp;except for a
termination under Section&nbsp;10(a), the facts and circumstances claimed by
the terminating party that provide a basis for the termination of the Executive&#146;s
employment under the provision indicated in the Notice of Termination.</h2>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='7',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Effect of
Termination</u></b><b>.</b></h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon termination of the
Executive&#146;s employment under Section&nbsp;10(a), 10(b), or<b>  </b>10(c), the Company
shall have no further obligation under this Agreement to make any payments to
or bestow any benefits on the Executive after the Termination Date (as defined
below), other than payments and benefits accrued and due and payable to the
Executive prior to the Termination Date and except in the event of a termination under Section&nbsp;12(c), the pro
rata Bonus Compensation for the fiscal
year thereafter ending.&#160; For purposes of this Agreement, &#147;Termination
Date&#148; means (i)&nbsp;if the Executive&#146;s employment is terminated pursuant to Section&nbsp;10(a)&nbsp;of
this Agreement, the date of the Executive&#146;s death; (ii)&nbsp;if the Executive&#146;s
employment is terminated by virtue of the expiration of this Agreement, the end
of the Term; or (iii)&nbsp;if the Executive&#146;s employment is terminated pursuant
to Section&nbsp;10(b), 10(c)&nbsp;or 10(d), a date not earlier than sixty (60)
days after the date of the Executive&#146;s receipt of Notice of Termination<b>.</b></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:78.9pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(</font></b>b)<font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If after a Change in
Control (i)&nbsp;the Executive&#146;s employment is terminated by the Company
without Cause or (ii)&nbsp;is terminated by the Executive for Good Reason, then&#160;
the parties agree that the provisions of Section&nbsp;10(d)&nbsp;shall
terminate and be of no further force and effect and, in addition to
payments and benefits accrued and due and payable to the Executive prior to the
Termination Date and the pro rata Bonus
Compensation for the fiscal year thereafter ending, the Company shall
pay to the Executive as severance,
within five (5)&nbsp;business days after the Termination Date, a lump sum
payment equal to the greater of (i)&nbsp;the
balance of his Salary for the remainder of the existing term of this Agreement,
or (ii)&nbsp;one hundred and fifty percent (150%) of his annual Salary
as then in effect.&#160; The Company shall
also provide Executive with all fringe benefits enjoyed by him at the
Termination Date (on a basis consistent with the basis upon which such benefits
were provided prior to such termination), until the second anniversary of the
Termination Date or, to the extent that Executive is not eligible to
participate in any Company fringe benefit plans (by the terms of any such
plan), the after tax value of providing such benefits until the second
anniversary of the Termination Date.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:78.9pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>For the purposes of all
retirement plans of the Company applicable to the Executive and in effect on
the date of the Notice of Termination, the Company shall provide for payment of
retirement or death benefits to the Executive or his surviving spouse that are
calculated to reflect service credits for the period ending on the Termination
Date, as though the Executive were an Executive of the Company throughout this
period.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon termination or expiration of this Agreement
for any reason, any disability insurance policy and life insurance policy
maintained by the Company on the Executive shall be transferred into the name
of the Executive at no cost to the Executive to the extent permitted under such
policies.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Informal
Dispute Resolution Procedure</u></b><b>.&#160;
</b>Except
as set forth below, the parties agree that any dispute arising out of or
relating to the employment relationship between them and/or this Agreement,
including the termination of that relationship and any disputes as to the
enforceability or applicability of this dispute resolution provision, shall be
resolved under the following procedures:</h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The party claiming to be
aggrieved shall furnish to the other party a written statement of the grievance
identifying any witnesses or documents that support the grievance and the
relief requested or proposed.</h2>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='8',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If the other party does not
agree within five (5)<b>&nbsp;</b>business days after receipt of
the statement to furnish promptly the relief requested or proposed, or
otherwise does not satisfy the demand of the party claiming to be aggrieved
within five business days after receipt of the statement, the parties shall
promptly submit the dispute to nonbinding mediation before a mediator to be
jointly selected by the parties.&#160; The
Company will pay the cost of the mediation.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If the mediation does not
produce a resolution of the dispute within five business days after mediation
commences, the parties hereby agree to submit any such dispute, controversy or
claim to binding arbitration in conformance with the J*A*M*S/ENDISPUTE
Arbitration Rules&nbsp;and Procedures for Employment Disputes (&#147;Employment
Rules&#148;) but expressly excluding Rule&nbsp;20 thereof, and further provided
that, notwithstanding Rule&nbsp;14 thereof, the parties hereby agree that the
location of any such arbitration shall be Miami, Florida.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The arbitrator shall have
the authority to grant any relief authorized by law or in equity; provided,
however, that nothing herein shall limit the right of either party to seek
temporary injunctive relief from a court of competent jurisdiction.&#160; The arbitrator shall not have the authority
to modify, change or refuse to enforce the terms of this Agreement.&#160;&#160; Any relief granted hereunder can be enforced
exclusively by a court of competent jurisdiction in Miami-Dade County,
Florida.&#160; The parties hereby irrevocably
submit in any such arbitration suit, action or proceeding to be located in
Miami-Dade County, Florida, and waive any and all other forums and objections
to such jurisdiction or venue that they may have under the laws of any state or
country, including, without limitation, any argument that jurisdiction, situs
and/or venue are inconvenient or otherwise improper.&#160; The prevailing party in any dispute between
the parties, including but not limited to an action to enforce arbitration or
an arbitration award, shall be entitled to an award of reasonable attorney&#146;s
fees and costs, including costs of arbitration notwithstanding Rule&nbsp;27 of
the Employment Rules.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:78.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Arbitration shall be the
exclusive final remedy for all disputes between the parties, and the parties
agree that no dispute shall be submitted to arbitration if the party claiming
to be aggrieved has not complied with the preliminary steps in paragraphs (a)&nbsp;and
(b)&nbsp;above.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:78.9pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:78.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Notwithstanding
the foregoing, the Company shall have the right to seek equitable relief
pursuant to Section&nbsp;11 in the event of a breach of Section&nbsp;10 of this
Agreement.&#160; In such event, the parties
hereby irrevocably submit in any such arbitration suit, action or proceeding to
be located in Miami-Dade County, Florida, and waive any and all other forums
and objections to such jurisdiction or venue that they may have under the laws
of any state or country, including, without limitation, any argument that
jurisdiction, situs and/or venue are inconvenient or otherwise improper.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:78.9pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h1 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Miscellaneous</u></b></h1>

<h1 align="left" style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></h1>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Survival</u></b>. The provisions of
Sections 4(g), (i)&nbsp;and (m), 5, 7,
8, 9, 10, 11, 13, 14 and 15 shall survive the termination or expiration of this Agreement.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Entire
Agreement: Counterparts</u></b>. This Agreement sets forth the entire understanding of the
parties regarding the subject matter hereof and merges and supersedes any prior
or contemporaneous agreements between the parties pertaining to the subject
matter </h2>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='9',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">hereof. This
Agreement may be executed in any number of counterparts, each of which shall be
deemed an original. Delivery of executed signature pages&nbsp;hereof by
facsimile transmission shall constitute effective and binding execution and
delivery hereof.</font></h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Modification</u></b>. This Agreement may not be
modified or terminated orally, and no modification, termination or attempted
waiver of any of the provisions hereof shall be binding unless in writing and
signed by the parties hereto; provided, however, that Executive&#146;s compensation
may be increased at any time by the Company without in any way affecting any of
the other terms and conditions of this Agreement, which in all other respects
shall remain in full force and effect</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Waiver</u></b>. Failure of a party to
enforce one or more of the provisions of this Agreement or to require at any
time performance of any of the obligations hereof shall not be construed to be
a waiver of such provisions by such party nor to in any way affect the validity
of this Agreement or such party&#146;s right thereafter to enforce any provision of
this Agreement, nor to preclude such party from taking any other action at any
time which it would legally be entitled to take. All waivers to be effective
must be signed by the waiving party.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Successors
and Assigns</u></b>.&#160; Neither party shall have the right
to assign this personal Agreement, or any rights or obligations hereunder,
without the written consent of the other party. Subject to the foregoing, this
Agreement shall inure to the benefit of, and be binding upon, the parties
hereto and their respective legal representatives, heirs, executors,
beneficiaries, estates, personal representatives, legatees, successors and
permitted assigns.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Additional
Acts</u></b>.
The Executive and the Company each agrees to execute, acknowledge and deliver
and file, or cause to be executed, acknowledged and delivered and filed, any
and all further instruments, agreements or documents as may be reasonably
necessary or expedient in order to consummate the transactions provided for in
this Agreement and to do any and all further acts and things as may be
reasonably necessary or expedient in order to carry out the purpose and intent
of this Agreement.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Communications</u></b>. All notices, requests,
demands and other communications under this Agreement shall be in writing and
shall be deemed to have been given at the time personally delivered or five
days after being deposited in the United States mail enclosed in a registered
or certified postage prepaid envelope and addressed to the addresses set forth
below, or to such other address as any party may specify by notice to the other
party; provided, however, that any notice of change of address shall be
effective only upon receipt.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt 6.0pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<table border="0" cellspacing="0" cellpadding="0" width="93%" style="border-collapse:collapse;margin-left:.5in;width:93.34%;">
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To the Company:</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SkyPostal,&nbsp;Inc.</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7805 NW 15<sup>th</sup> Street,</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Miami, FL 33126</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To the Executive:</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Albert P. Hernandez</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14751
  Marvin Lane</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fort
  Lauderdale, FL 33330</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">With a copy
  to :</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Hunton&nbsp;&amp;
  Williams</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1111 Brickell Avenue</font>, Suite&nbsp;2500</p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Miami,
  Florida 33131</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.56%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="bottom" style="padding:0in 0in 0in 0in;width:5.82%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.62%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attn :
  Abigail C. Watts-FitzGerald,&nbsp;Esq.</font></p>
  </td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='10',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Severability</u></b>.&#160; If any provision of this Agreement is held to
be invalid, void or unenforceable by a court of competent jurisdiction, such
invalidity or unenforceability shall not affect the validity and enforceability
of the other provisions of this Agreement and the provision held to be invalid
or unenforceable shall be enforced as nearly as possible according to its
original terms and intent to eliminate such invalidity or unenforceability.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Governing
Law</u></b>.
This Agreement shall be governed by the laws of the State of Florida, without
regard to the conflicts of law principles thereof.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<h2 align="left" style="font-size:10.0pt;font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Definitions</u></b>.&#160; For purposes hereof, (i)&nbsp;an &#147;Affiliate&#148;
of any person means any Person or group (now or hereafter existing)
controlling, controlled by or under common control with, the specified person
or entity. and &#147;control&#148; of a person or entity (including, with correlative
meaning, the terms &#147;control by&#148; and &#147;under common control with&#148;) means the
possession, direct or indirect, of the power to direct or cause the direction
of the management and policies of an entity or individual, whether through the
ownership of voting securities, by contract, or otherwise, and (ii)&nbsp;a &#147;Person&#148;
means any Individual, partnership, firm, trust, association, corporation, joint
venture, joint stock company, unincorporated organization, limited liability
company, limited liability partnership, governmental authority or other entity
or organization.</h2>

<h2 align="left" style="font-weight:normal;margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman">&nbsp;</font></h2>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IN WITNESS WHEREOF, each of the parties hereto has duly
executed this Agreement as of the date set forth above.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="29%" colspan="4" valign="top" style="padding:0in 0in 0in 0in;width:29.0%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SkyPostal,&nbsp;Inc.</font></b></p>
  </td>
  <td width="20%" valign="top" style="padding:0in 0in 0in 0in;width:20.32%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="9%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:9.6%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.42%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in 0in 0in 0in;width:20.32%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.08%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="45%" colspan="4" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:45.26%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:6.18%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="22%" colspan="2" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:22.84%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name: A.J. Hernandez</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in 0in 0in 0in;width:20.32%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:6.18%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:43.16%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title: &nbsp; Chief Operating Officer</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:6.18%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="22%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:22.84%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in 0in 0in 0in;width:20.32%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:6.18%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="22%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:22.84%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in 0in 0in 0in;width:20.32%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="49%" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Executive:</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="49%" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" colspan="5" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:49.34%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="border:none;padding:0in 0in 0in 0in;width:6.18%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="22%" colspan="2" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:22.84%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Albert P. Hernandez</font></p>
  </td>
  <td width="20%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:20.32%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="379" style="border:none;"></td>
  <td width="31" style="border:none;"></td>
  <td width="16" style="border:none;"></td>
  <td width="26" style="border:none;"></td>
  <td width="145" style="border:none;"></td>
  <td width="152" style="border:none;"></td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='11',FILE='C:\JMS\vmanogaran\08-11087-1\task2869765\11087-1-kh.htm',USER='105253',CD='Apr 17 15:48 2008' -->


</body>

</html>
</TEXT>
</DOCUMENT>
