Swiss Medica Inc. Board Membership Offer Letter to Charlie Orr (June 2005)

Summary

Swiss Medica Inc. invites Charlie Orr to join its Board of Directors, offering him 150,000 restricted shares (saleable after one year under SEC Rule 144A), a monthly cash retainer of $3,000 starting July 1, 2005, and reimbursement for reasonable business expenses. The agreement becomes effective June 29, 2005, upon Charlie Orr's acceptance and signature.

EX-10.1 2 v021031_ex10-1.txt [SWISS MEDICA LETTERHEAD] GET ON WITH IT. PERSONAL & CONFIDENTIAL June 24, 2005 Mr. Charlie Orr 476 Oakshire Place Alamo, CA 94507 Dear Charlie, On behalf of the Board of Directors of Swiss Medica Inc., we are pleased to invite you to become a member of our Board. Both the management and directors of Swiss Medica are very impressed with your extensive business experience and business network, and feel that you can bring tremendous value to Swiss Medica. Our outsider board member package is as follows: o 150,000 restricted shares of Swiss Medica that will be saleable under Rule 144A (SEC) in one year's time. This is addition to the 150,000 shares previously issued in 2003. o Annual cash retainer fee paid monthly commencing July 1, 2005 paying US$3,000.00 per month. In addition, the company will reimburse all reasonable business expenses incurred on behalf of Swiss Medica. Charlie, I am personally looking forward to working closely with you and building a strong viable company for our shareholders. If this offer is acceptable to you, we are proposing that it become effective June 29, 2005, and request that you please sign below, returning one copy to us and retaining one copy for your records. Sincerely, SWISS MEDICA INC. /s/ Bryson Farrill - -------------------------------- Bryson Farrill Chairman June 24, 2005 Mr. Charlie Orr ACCEPTED THIS 29th day of June, 2005. /s/ Charlie T. Orr - -------------------------------- Charlie Orr