|   | 1. | Employment.                The Company hereby employs the Executive as its President, his duties                to                be such as are customarily performed by persons employed in such                capacity.                The Executive agrees to perform his duties in a competent and expeditious                manner and to devote his whole time, attention and best efforts in                acting                as President and in promoting the best interests of the company.                The                Executive shall not knowingly do and shall exercise his best endeavours                to                prevent being done, any act or thing which may in any way be prejudicial                to the Company. The Executive shall perform his duties under the                direction                of the Chairman of the Board and Chief Executive Officer of the company                and in conformity with all reasonable standards and policies established                by the Company, and shall not engage in any other business, directly                or                indirectly, and shall not sell nor cause to be sold any other products,                merchandise or services of any other business. The Executive shall                perform                such services for the Company and any of its subsidiaries and affiliates                within such hours of work as may from time to time reasonably be                required                of him and the Executive shall accept such offices, positions,                directorships and /or other responsibilities as the Company may determine,                all without being entitled to receive any additional remuneration                for work                outside his normal hours and for such other                postions. |
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|   | 2. | Term                of Employment.                The term of employment under the provisions of this Agreement shall                be for                a period of two (2) years effective January 2, 2006 and ending December                31, 2007 unless terminated sooner pursuant to the express provisions                hereof (the “Term”). Within 120 days of the expiration of this Agreement,                the Company will notify the Executive as to whether it intends to                negotiate a renewal of his employment and this                Agreement. |
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|   | 3. | Remuneration. |
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|   | (a) | During                the Term, the Company will compensate the Executive for his services                with                a base salary of One Hundred and Thirty Thousand ($130,000) Dollars                per                annum, subject to deductions for withholding and Social Security                and shall                be paid in accordance with the Company’s normal payroll procedures. The                compensation shall be deemed to include any fee or remuneration to                which                the Executive may otherwise be entitled in respect of his holding                any                office, directorship or other position with the Company, or any of                its                subsidiaries or affiliates. The Executive shall be entitled to life                and                health coverage and pension benefits available and in effect for                other                executive employees of the Company. |
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|   | (b) | In                addition to the base salary as provided in paragraph 3(a), the Company                shall pay the Executive an annual bonus. The amount of such annual                bonus                will be determined entirely at the discretion of the Chairman and                Chief                Executive Officer of the Company and will take account of the financial                performance of the Company in its most recent financial year and                the                performance of the Executive in his role as President of the Company                in                the same period. Such bonus, if any, shall be paid in cash no later                than                March 31st                of                each year. |
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|   | 4. | Expenses. |
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|   | (a) | The                Company shall furnish to the Executive a company automobile and the                Company shall pay all automobile and travel expense incurred by the                Executive relating to the Company’s                business. |
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|   | (b) | The                Company shall reimburse the Executive for reasonable expenses incurred                by                him in or about the performance of his duties in furtherance of the                Company’s business, provided the Executive shall submit to the Company an                expense report including vouchers for the same in accordance with                the                Company’s expense reimbursement                policy. |
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|   | 5. | Termination.                The Term shall terminate prior to December 31, 2007 upon the happening                of                any of the following events: |
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|   | (a) | Automatically                and without notice from the Company upon the death of the                Executive. |
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|   | (b) | Upon                written notice from the Company to the Executive in the event that                the                Executive becomes physically or mentally disabled, either totally                or                partially. |
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|   | (c) | Upon                written notice by the Company on grounds of conviction of a crime,                failure                to carry out the policies of the Company, persistent absenteeism,                felonious act or other dishonest practice, non-performance of his                responsibilities and obligations to the Company, breach of the provisions                of this Agreement, gross misconduct or neglect whether by commission                or                omission, conduct prejudicing or tending to bring himself or the                Company                or its subsidiaries or affiliates into contempt or disrepute, or                any                similar cause. |
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|   |   | Upon                termination of employment hereunder, the Company shall not be required                to                pay the Executive any severance pay, or any other sum except his                salary,                to the date of such termination; provided, however, that upon termination                of the Executive only (i) through death of the Executive during the                Term,                or (ii) by the Company without cause which shall be deemed a reason                other                than by termination as per subparagraphs (b) and (c) of this section                5,                then the Company shall pay the Executive one year salary, as his                salary is                at such date of termination, as severance                pay. |
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|   | 6. | Non-Competition. |
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|   | (a) | The                Executive shall not at any time within a period of one year from                the date                of termination of his employment hereunder for any reason whatsoever                unless with the prior written consent of the                Company. |
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|   |   | (i)                directly or indirectly, whether as principal, servant, agent or                consultant, canvass, solicit or entice or endeavour to entice away                from                the Company (which term for purposes of this Section 6 means and                includes                any and all employee of the Company,                or |
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|   |   | (ii)                directly or indirectly, whether as principal, servant or agent or                in any                other capacity whatsoever carry on or be engaged or interested in                any                business within the United States and Mexico carrying on trade (“the                trade”) as manufacturer, assembler, designer, installer, developer,                producer, dealer in , agent for or distributor of electronic products                and                assembles, such as but not limited to conventional and moulded cables                and                wire harnesses and printed circuit-boards, electro-mechanical assembles                and products, plastic insert and injection moulded products, and                other                related services or products (collectively “Products”) of the Company in                competition with the customer as that term is used and defined herein,                provided, the Executive shall be entitled to invest and/or own up                to 5% of                the equity of any such business; or |
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|   |   | (iii)                directly or indirectly, whether as principal, servant or agent, solicit                or                seek to obtain for himself or for any person, firm or corporation                by whom                he is employed or with whom he is associated, the business of or                act as a                principal, servant or agent for, or directly or indirectly accept                any                benefit, whether in money or otherwise from any business in connection                with the trade conducted for any person, firm or corporation, which                either                at the date of termination of his employment or at any time during                the 36                months immediately preceding such termination, is or was a customer                of the                Company, provided that such restriction applies only with respect                to                Products produced and marketed within such 36 month period by the                Company                for that customer, and provided                further: |
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|   | (A) | for                the purpose of this clause the expression “customer” shall be deemed to                include a prospective customer whose business was the subject of                negotiation with the Company or any of its subsidiaries or affiliates                at                any time within a period of 12 months prior to the termination of                the                Executive, and |
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|   | (B) | in                the event the Executive, directly or indirectly, receives any benefit,                whether in money or otherwise as aforesaid, at or in respect of any                time                during such non-compete period of one year he shall, without prejudice                to                any other rights or remedies available to the Company, be bound forthwith                to account for and make payment to the Company in respect of such                benefit,                and |
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|   | (C) | for                the purposes of this clause the Executive acknowledges and agrees                that                where multinational companies are customers of the Company the                restrictions herein contained shall have effect in relation to such                multinational companies in whatever country they are                located. |
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| (b) | Each                of the foregoing obligations shall be deemed to be separate and severable                obligations and each said obligations shall be construed                accordingly. |
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| (c) | While                the foregoing restrictions are considered by the parties to be reasonable                in all the circumstances it is agreed that if any of such restrictions                shall be held to be void or ineffective for whatever reason but would                be                held to be valid and effective if part of the wording thereof were                deleted                or the periods thereof reduced or the area thereof reduced in scope,                the                said restrictions shall apply with such modifications as may be necessary                to make them valid and effective. |
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|   | 7. | Restriction                of Effect of Termination.                The termination of this Agreement howsoever arising shall not operate                to                affect such of the provisions hereof as in accordance with their                terms are                expressed to operate or have effect                thereafter. |
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|   | 8. | Confidentiality. |
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|   | (a) | The                Executive shall not during the period of his employment hereunder,                except                in the proper course of his duties, and shall not at any time and                in any                circumstances after the termination thereof, divulge to any person                whomsoever and shall use his best efforts to prevent the publication                or                disclosure of any secrets, trade secrets, confidential knowledge                or                information or any information concerning the business finances or                affairs                of the Company or of any of its subsidiaries and affiliates or of                any of                their respective customers or clients (including without prejudice                to the                foregoing generality the names and location of customers, names or                persons                to contact within customer organization, specifications of customer                needs,                specifications of products meeting customer needs, cost and pricing                policies, sources of supply of stocks and products and other proprietary                information) or any of their dealings or transactions which may come                or                may come to his knowledge during or in the course of his employment,                except what is already in the public                domain. |
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|   | (b) | The                Executive shall immediately upon termination of his employment hereunder                for whatsoever reason deliver up to the company all price lists,                lists of                customers, correspondence and other documents, papers and property                belonging to the Company or any of its subsidiaries or affiliates                which                may be have prepared by him or may have come into this possession                in the                course of his employment hereunder and shall not retain any copes                thereof. |
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|   | 9. | Indemnity.                The Company shall indemnify and hold harmless the Executive from                and                against any and all claims, judgments, fines, penalties, liabilities,                losses, costs and expenses (including reasonable attorneys’ fees and                costs) asserted against or incurred by the Executive as a result                of acts                for omissions of the Executive taken or made in the course of performing                his duties for the Company or by reason of the Executive acting or                having                acted as an officer for the Company or by reason of the Executive                acting                or having acted as an officer of the Company, to the maximum extent                permitted by law, including Section 607.0850 of the Florida Business                Corporation Act (including the advancement of expense provisions                thereof);                provided, however that such indemnity shall not apply to acts or                omissions                of the Executive which constitute willful misconduct, gross negligence                or                which were intended by the Executive to personally benefit the Executive,                directly or indirectly, at the expense of the Company, unless the                matter                which benefits the Executive was first fully disclosed to the Board                of                Directors of the Company and approved by said                board. |
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|   | 10. | Binding                on Successors.                The rights and obligations of the parties shall inure to the benefit                and                shall be binding upon their successors and                assigns. |
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|   | 11. | Waiver                of Breach.                The waiver by the Company or the Executive of a breach by either                party of                any provision hereof shall not operate or be construed to operate                as a                waiver by either party of any subsequent breach of any other provision                hereof. |
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|   | 12. | Survival                of Provisions.                The provisions of Section 6 and 8 shall survive termination of employment                of this Agreement. If any provision of this Agreement is declared                invalid                by any court of other competent authority the remaining provision                of this                Agreement shall not be affected                thereby. |
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|   | 13. | Entire                Agreement.                This instrument contains the entire agreement of the parties and                may not                be changed orally, but only by an agreement in writing signed by                the party                against whom enforcement of any waiver, change, modification, extension                or                discharge is sought. |
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|   | 14. | Governing                Law.                This Agreement shall be governed by the Laws of the State of                Florida. |
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|   | 15. | Assignability.                This Agreement and its rights and obligations may not be assigned                by the                Executive. The Company may assign any of its rights and obligations                hereunder to a successor or surviving corporation resulting from                a merger,                consolidation, sale of assets or stock, or other corporate                reorganization. |
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|                                                                                  |                                                                                   |
|---------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|
| /s/                  Marshall Griffin         | /s/                  Samuel J. Russell         |
| Marshall                  Griffin, Secretary                                          | Samuel                  J. Russell                                                     |
|                                                                                  | Chairman                  of the Board and Chief                                       |
|                                                                                  | Executive                  Officer                                                     |

| WITNESS:                               |                                                                                 |
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|                                   |                                                                                 |
|                                   |                                                                                 |
| /s/                  Roxana L. Alvarez | /s/                  Barry J. Pardon         |
|                                   | Barry                  J.                  Pardon                                    |