Employment Agreement between Weight Loss Forever International, Inc. and Tim Murray for Director of Corporate Development

Contract Categories: Human Resources › Employment Agreements
Summary

Weight Loss Forever International, Inc. agrees to employ Tim Murray as Director of Corporate Development for one year. Tim will manage daily communications among the company's departments, including Accounting, Purchasing, Franchise Relations, and Public Communications. As compensation, he will receive 500,000 shares of company stock immediately and another 500,000 shares after six months. The agreement is effective upon Tim's acceptance and signature, with support from the company's Board and Officers.

Read More Arrow
EX-10.1 2 v012159_ex10-1.txt WEIGHT LOSS FOREVER INTERNATIONAL, INC. 300 INTERNATIONAL PARKWAY, STE 100 HEATHROW, FLORIDA 32716 PHONE: 407 ###-###-#### (EXT. 118) FAX: 407 ###-###-#### November 11, 2003 Tim Murray VIA FAX: 407 ###-###-#### Dear Tim: Please let this letter serve as a formal Agreement between Weight Loss Forever International, Inc. (OTCBB: WLFI) and yourself whereby we would employ you to be the Director of Corporate Development for a period of one year. As part of your duties, it is agreed that you would take over all day-to-day communications between our multiple departments. The departments are as follows: Accounting, Purchasing, Franchise Relations and Public Communications to our shareholder base and potential investors. As compensation for these duties, we will immediately issue 500,000 shares of WLFI stock for the first six month period and then an additional 500,000 shares will be issued on the sixth month anniversary as compensation for the remainder of the one year term. You, of course would have the full cooperation and support of the Board of Directors and Officers of the company to facilitate your management directives. If this meets with your approval, please indicate your acceptance by signing below and we will make this Agreement effective on Friday, November 14th. Sincerely, /s/ Christopher M. Swartz Christopher M. Swartz Director & Secretary Accepted this 11th day of November, 2003 /s/ Tim Murray ---------------------------------------- TIM MURRAY