ex44.htm


    Exhibit
4.4


    
       

       

      EMPLOYMENT
AGIRIEMENT

       

      THIS
EMPOYMENT AGREEMENT, entered into as of October ...7
..... , 2007, by and between:

       

      
        	
                A.  

              	
                the
      Company styled "GEC GENESIS GROUP, LTD." of Majuro, Republic of the
      Marshall Islands (hereinafter referred to as 'PRINCIPAL"), duly
      represented hereto by its authorized Director ALBERT 0. GRANT II, pursuant
      to corporate Resolutions adopted on an Extraordinary Meeting of its Board
      of Directors held on .7
      October 2007, and

              


      

      
        	
                B.  

              	
                Mr.
      ANASTASIO CARAYANNIS, Suite 293 487 East Main street, Mount Kisco, New
      York, USA, (hereinafter referred to as
  "EMPLOYEE")

              


      

       

      NOW
THEREFORE, in consideration of the covenants herein contained, the parties agree
as follows:

       

      
        	
                 
      I.   

              	
                PRINCIPAL
      offers to EMPLOYEE the position of Executive Director of the PRINCIPAL,
      for a term of five (5) years.

              


      

      
        	
                2.  

              	
                The
      EMPLOYEE will conduct the management of the PRINCIPAL on a global basis
      and will execute the PRINCIPAL'S global business strategy as set forth by
      the Board of Directors of the PRINCIPAL and the original business
      plan.

              


      

      
        	
                3.  

              	
                The
      PRINCIPAL will pay to the EMPLOYEE the amount of fifteen thousand
      USDollars (US$ 15.000) on a monthly basis as remuneration for services
      rendered.

              


      

      
        	
                4.  

              	
                Asa
      further consideration for the position of Executive Director, the EMPLOYEE
      will receive a Cash Bonus of 10% of the PRINCIPAL's consolidated net
      profit first year divided equally amongst all Executive Directors of the
      PRINCIPAL.

              


      

      
        	
                5.  

              	
                The
      EMPLOYEE has the right to be allocated between
      45%
      to 60% of Pounders shares from the PRINCIPAL'S related
      transactional clients/star up companies, above allocation divided equally
      amongst all Executive Directors of the
  PRINCIPAL.

              


      

      
        	
                6.  

              	
                The
      EMPLOYEE will be entitled to spend up to seventy five thousand USD011ars
      (US$ 75.000) for Travel and Entertainment expenses, subject to original
      receipts related to the PRINCIPAL's business only. All the Executive
      Directors of the PRINCIPAL shall have the responsibility to unanimously
      approve requests for all expenses/disbursements exceeding five thousand
      USDollars (US$ 5.000).

              


      

      
        	
                7.  

              	
                The
      monthly cash remuneration and the aforementioned level of expenses
      paid, will become effective upon the conclusion of
      a capital
      raise of Two Million USDollars (US$ 2.000.000) or
      the
      liquidation of certain private equity holdings equaling the aforesaid
      amount, whichever event comes first, all
      above by the
      PRINCIPAL, therefore
      above events constitute a Condition Precedent for the
      validity and
      effectively of
      the present Employment
      Agreement otherwise
      if above
      will not occur, the present Employment Agreement
      will become null and void with no further consequences for the
      parties
  hereto.

              


      

      
      

      
      

      
         

        
           

        

        
           

          
            
 

        

        
           

        

      


       

      
        	
                8.  

              	
                Unless
      the parties otherwise notify each other in writing of changes of address,
      all notices herein
      shall be deemed served if hand delivered
      or sent by fax or express courier or registered mail to
      PRINCIPAL
      and EMPLOYEE at their respective
      addresses hereinbelow:

              


      

      
        	
                9.  

              	
                Even
      though the word "employee" is used, compensation is to be in the form of
      independant contractor status and the employer is NOT subject
      to
      any payroll tax deductions or requirements in
      any
      jurisdiction.

              


      

       

       

      
        
          	
                  PRINCIPAL

                	
                  EMPLOYEE

                	 
      	 
      
	
                  GEO
      GENESIS GROUP. LTD-

                	
                        
                    ANASTASIO
      CARAYANNIS

                  

                	 
      	 
      
	 
      	
                  In
      610 Perk Avenue,

                	 
      	 
      
	 
      	
                  Apt 10E Now York
      -

                	 
      	 
      
	 
      	
                  NY
      20021 USA

                	 
      	 
      
	
                  Phone
      :

                	
                  Phone
      :

                	 
      	 
      
	
                  Fax
      :

                	
                  Fax
      :

                	 
      	 
      


        

         

        IN WITNESS WHEREOF the parties
have executed this EMPLOYMENT AGREEMENT as of the day and year first above
written.

         

        
          	
                  PRINCIPAL

                	
                  EMPLOYEE

                	 
      	 
      
	
                  GEO
      GENESIS GROUP. LTD-

                	
                        
                    ANASTASIO
      CARAYANNIS

                  

                	 
      	 
      


        

         

         

        
          	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  By:

                		 
      
	 
      	 
      	
                  ALBERT
      O. GRANT II

                	 
      
	 
      	 
      	
                  Vice-President/Treiusure/
      Director

                	 
      
	 
      	 
      	
                  Authorised
      Attorney