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EXHIBIT 99.2
SEARCHHOUND.COM, INC.
BOARD OF DIRECTORS
COMPENSATION PACKAGE
ACTIVITY
Monthly telephone Board calls (approximately 30 minutes) will be held near
the 15th of the month to review operations, financial performance, and Board
relevant issues.
Ad hoc calls as needed.
Quarterly "in person" meeting for 1/2 day.
Interim items may include reviewing strategic partnerships, acquisition
opportunities, SEC filings, etc.
Assistance with significant partners, fundraising, financing, IR, PR, etc.
EXTERNAL BOARD MEMBERS
Initial Appointment:
25,000 Shares (restricted)
50,000 Shares (S-8 unrestricted)
Annually:
5,000 shares (restricted) per quarter issued annually in December prorated for
the current year.
$500 cash (or S-8 stock if cash flows preclude cash payment) for each Quarterly
"in person" Board meeting.
Travel expenses related to Board activity
INTERNAL BOARD MEMBERS
Initial appointment
No additional compensation
Annually:
25,000 shares (restricted)
Travel expenses related to Board activity
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/s/ Art Fillmore /s/ John Flanders
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ART FILLMORE, External Board Member JOHN FLANDERS, External Board Member
/s/ Brad Cohen /s/ Dave Mullikin
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BRAD COHEN, Corporate Secretary, DAVE MULLIKIN, President & CEO, and
Executive VP of Corporate Development, Internal Board Member
and Internal Board Member
