John Ryan
MEMO
TO: Kurt Hoffman, Trend Mining Co.
FROM: John Ryan
DATE: July 12, 2000
RE: Employment Agreement
This letter summarizes my agreement with Trend Mining Company regarding
compensation and terms.
Beginning in March, 2000 my monthly compensation is 3,000 shares of common stock
of Trend Mining Company due and payable on the 1st of each month. Each
certificate is to bear a restrictive legend.
This compensation is a retainer and is in exchange for my services as Secretary
& Treasurer and for ongoing advice and consultation. I will undertake these
duties to the best of my ability and will be available for meetings, conference
calls, or any other matters that may require my advice or report.
This agreement may only be cancelled by Board action and upon thirty days notice
to either party, but upon cancellation, or my resignation, I am not entitled to
any further compensation other than that actually accrued and earned.
Best Regards,
/s/John Ryan
John Ryan
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I, Kurt Hoffman, President of Trend Mining hereby confirm the terms of
Mr. Ryan's agreement as an Officer of the Company as set forth above.
/S/Kurt Hoffman
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Kurt Hoffman
President
