ex10-8.htm


    
      

      

    

    EXHIBIT
10.8

     

     

    
      	
              1.

            	
              Employment,  Frank
      Jakubaitis Duties and Acceptance

            


    

    


    
      	
               
      

            	
              1.1

            	
              Company
      hereby employs Frank Jakubaitis for the Term (as defined in Section 2
      hereof) to render exclusive and full-time services in an executive
      capacity as CEO and Chairman to WECOSIGN Inc and to the subsidiaries of
      Company engaged in the business of [ WECOSIGN Inc ] and in connection
      therewith to devote his best efforts to the affairs of the Company and to
      perform such duties as Employee shall reasonable be directed to perform by
      directors of the Company.

            


    

     

    
      	
               
      

            	
              1.2

            	
              Employee
      hereby accepts such employment and agrees to render such services.
      Employee agrees to render such services at Company's offices located in
      the [city of Santa Ana] area, but Employee will travel on temporary trips
      to such other place or places as may be required from time to time to
      perform his duties hereunder. During the Term hereof, Employee will not
      render any services for others, or for Employee's own account, in the
      business of [specify] and will not render any services to any supplier or
      significant customer of Company.

            


    

    


    
      	
              2.

            	
              Term
      of Employment

            


    

    


    
      	
               
      

            	
              2.1

            	
              The
      term of Employee's employment pursuant to this Agreement (the "Term")
      shall begin on the date hereof of April 28th 2009, and shall end on May
      15th 2013 subject to the provisions of Article 4 of this Agreement
      providing for earlier termination of Employee's employment in certain
      circumstances.

            


    

    


    
      	
              3.

            	
              Compensation

            


    

     

    
      
        	
                 
      

              	
                3.1

              	
                
                  As
      compensation for all services to be rendered pursuant to this Agreement to
      or at the request of Company, Company agrees to pay Employee a salary at
      the rate of  $125,000.00 per annum, plus expenses and
      entertainment cost. The Salary set forth hereinabove shall be payable in
      accordance with the regular payroll practices of the Company for
      executives. All payments hereunder shall be subject to the provisions of
      Article 4 hereof.

                

              


      

       

      
        	
                 
      

              	
                3.2

              	
                
                  Company
      shall pay or reimburse Employee for all necessary and reasonable expenses
      incurred or paid by Employee in connection with the performance of
      services under this Agreement upon presentation of expense statements or
      vouchers or such other supporting information as it from time to time
      requests evidencing the nature of such expense, and, if appropriate, the
      payment thereof by Employee, and otherwise in accordance with Company
      procedures from time to time in
effect.

                

              


      

      
         

        
          	
                   
      

                	
                  3.1

                	
                  
                    During
      the Term, Employee shall be entitled to participate in any group
      insurance, qualified pension, hospitalization, medical health and
      accident, disability, or similar plan or program of the Company now
      existing or hereafter established to the extent that he is eligible under
      the general provisions thereof. Notwithstanding anything herein to the
      contrary, however, Company shall have the right to amend or terminate any
      such plans or programs.

                  

                


        

         

      

    

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

       

    

    
      
        	
                4.

              	
                Termination

              


      

      
         

        
          
            	
                     
      

                  	
                    4.1

                  	
                    
                      
                        Disability. If Employee shall be
      prevented from performing Employee's usual duties for a period of 3
      consecutive months, or for shorter periods aggregating more than 4 months
      in any 12 month period by reason of physical or mental disability, total
      or partial, (herein referred to as "disability"), Company shall
      nevertheless continue to pay full salary up to and including the last day
      of the third consecutive month of disability, or the day on which the
      shorter periods of disability shall have equaled a total of 4 months, but
      Company may at any time or times on or after such last day (but before the
      termination of such disability), elect to terminate this Agreement upon
      written notice to employee, effective on such 1st day, without further
      obligation or liability to Employee, except for any compensation accrued
      hereunder but not yet paid. If Company does not so elect, this Agreement
      shall remain in full force and effect, except that Company shall not be
      obligated to pay any compensation set forth in Article 3 hereof to
      Employee during the remaining period of
      disability.

                      

                    

                  


          

           

          
            	
                     
      

                  	
                    4.2

                  	
                    
                      
                        Death. In the event of Employee's death
      during the Term, this Agreement shall automatically terminate, except that
      (a) Employee's estate shall be entitled to receive the compensation
      provided for hereunder to the last day of the month in which Employee's
      death occurs; and (b) such termination shall not affect any amounts
      payable as insurance or other death benefits under any plans or
      arrangements then in force or effect with respect to
      Employee.

                      

                    

                  


          

          
             

            
              	
                       
      

                    	
                      4.3

                    	
                      
                        
                          Specified Cause. Company may at any time
      during the Term, by notice, terminate the employment of Employee for
      malfeasance, misfeasance, or nonfeasance in connection with the
      performance of Employee's duties, the cause to be specified in the notice
      of termination

                        

                      

                    


            

             

             

          

        

      

    

    Accepted
By WECOSIGN Inc

     

    /s/
Frank Jakubaitis

    Date :
April 10th, 2009

     

    Accepted
by Employee

     

    
      /s/
Frank Jakubaitis

      Date :
April 10th, 2009

    

     

     

     

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