Employment Agreement for VP Internet Marketing and IT Management between CareerTek.Org and James Cousineau

 Mark L. Galligan Hunters Ridge, P.O. box 39, Creemore, Ontario, Canada LOM 1GO June 30, 2000 Mr. James Cousineau 2 Birchshire Drive Barrie, Ontario Canada L4N 6W6 RE: Definitive Term Sheet for Position of VP Internet Sales and Information Technology Management: CareerTek.Org VIA Hand Delivery Dear Mr. Cousineau: The purpose of this letter is to set forth and confirm the specific terms and conditions of your contract. If you accept this proposal, CareerTek.Org, (the "Company") will appoint you, Vice President of Internet Marketing and Information Technology Management. Job Description: VP Internet Marketing and Information Technology Management 1. Responsibilities: o Develop and Drive a Marketing Program which results in "Partnering Agreements" and strategic posting of our products on all key global "Job Sites" o Negotiate favorable revenue sharing Agreements wit "Job Sites" o Manage, Audit, Monitor Company Web Site Architecture & Development Issues o Manage 24/7 Web Site Operations o Register eCommerce Processing and Payments Functions for Company o Develop, Create, and Produce materials to support sales and marketing of the Company's three key products: jobFit, careerFit, studentFit. o Operate within established budgetary parameters. o File weekly result reports on appropriate topic and activities. o File monthly summary reports for presentation to Executive Committee or Board of Directors o From a team - centered concept, assist all Company employees in creating a value centered workplace where employees, managers, and shareholders will participate in the personal and financial rewards wrought by outstanding performance. o Manage IT Hardware repair projects o Integrate IT systems and reports 2. Compensation: A progressive Compensation Package Based on Attainable Performance Profit Objectives o Base Salary: 90 Day Probation Period: $4,000.00 per month paid 50% at the 15th and balance on last business day of the month o Escalations in Salary based on attaining performance profit objectives, add another (escalations through a described level vests previous level's increment) o Profit Defined as revenue less direct Sales and Marketing expense with no overhead allocations for a period of 90 days, paid retroactively: o From "$0" attaining $15,000 / month $1,000.00 per month o From "$15,000" attaining "$50,000" / month $1,000.00 per month o From "$50,000" attaining "$75,000" / month $1,500.00 per month o From "$75,000" attaining "$100,000" / month $1,500.00 per month o From "$100,000" attaining "$125,000" / month $1,500.00 per month o From "$125,000" "+" for three months cap concept at: $12,500 per month o Signing Bonus: 25,00 Common Shares of CareerTek.Org vested upon completion of 90 day probation period, subject to one year insiders holding provisions. o "Special" Shares Bonuses: Based on Revenue Generated by individual sales efforts: o $15,000/MO/for three months 20,000 o $50,000/MO/for three months 20,000 o $75,000/MO/for three months 20,000 o $100,000/MO/for three months 20,000 o $125,000/MO/for three months 20,000 ______________ 100,000 (Note escalations through a bonus level vests previous level's bonus) o Annual Anniversary Share Bonus: 25,000 Common Share (Unrestricted) o Additional Share, Cash Incentive, or Option Plan Bonuses per programs instituted by Board Of Directors 3. Term: Three (3) Years 4. Initiation Date: ASAP Confirm your acceptance of the Company's proposal by signing below. Sincerely, /s/ Mark L. Galligan /s/ James Cousineau Mark L. Galligan James Cousineau CEO & Director D. Gordon Badger