Filed by Automated Filing Services Inc. (604) 609-0244 - EUOKO GROUP INC. - Exhibit 10.5






EXECUTIVE AGREEMENT

THIS AGREEMENT is made as of the 24th day of October,
2006.

BETWEEN:

EUOKO, INC., a company
incorporated under the laws of Canada, having its head office at 228B – 8901
Woodbine Avenue, Markham, ON L3R 9Y4

(hereafter referred to as the “Employer”)

AND:

BRANDON C. TRUAXE,
Businessperson, of 2307 – 18 Yorkville Avenue, Toronto, Ontario M4W 3Y8

(hereafter referred to as the “Executive”)

WHEREAS:

1. The Executive is a shareholder of
the Employer and has been employed in the business operated by the Employer
known as Euoko, Inc. (the "Business");

2. The Executive desires to be employed
by the Employer as provided herein;

3. The Employer wishes to hire the
Executive on the terms and conditions contained herein.

IN CONSIDERATION of the premises and mutual
covenants herein contained, the parties agree as follows:

1. Recitals

The Parties acknowledge and agree that the recitals set forth
above are true and correct and, agree that they shall be incorporated into, and
form a part of, this agreement.

2. Employment

     (1) The Employer shall employ the
Executive and the Executive shall serve the Employer as President and CEO or in
such other capacity as may be determined by the board of directors of the
Employer from time to time.

     (2) The Executive represents that
he has the required skills and experience to perform the duties required of him
as President and CEO and agrees to be bound by the terms and conditions of this
agreement. In carrying out his duties the Executive agrees he will comply with
all reasonable 

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instructions as may be given by the board of directors. The
duties and responsibilities of the President and CEO are set forth in Schedule
“A”.

     (3) In addition to the duties and
responsibilities set forth above, the Executive agrees to perform such duties
and responsibilities as may from time to time be determined to be necessary by
the Employer.

     (4) The Executive agrees that his
reporting relationships, duties and responsibilities may be changed unilaterally
by the Employer as the Employer deems appropriate. In addition, the Executive
agrees that the location of his employment may be changed unilaterally by the
Employer as it deems appropriate, but only with a written notice no later than
six months prior to the intended date of such relocation. Should the Employer
require a major change in the location of the Executive's employment, the
Executive will be eligible for reimbursement of reasonable expenses associated
with the relocation, as mutually agreed to by the Executive and the Employer at
the time of the relocation. The Executive agrees that any of the changes which
may occur pursuant to this clause (4) will not affect or change any other part
of this agreement.

     (5) The parties agree that the
Executive will be employed on a full-time basis for the Employer and that the
Executive will devote himself exclusively to the Employer's business and will
not be employed or engaged in any capacity in any other business without the
prior written approval of the Employer.

3. Remuneration and Benefits

     (1) As compensation for the
services to be rendered to the Employer and for the covenants provided by the
Executive relating to confidentiality and intellectual property, non-competition
and non-solicitation, more particularly described in paragraphs 4, 5 and 6
hereof, the Employer agrees to provide the remuneration and benefits set out in
this paragraph 2.

     (2) The Executive shall be paid a
gross annual base salary as defined in the following schedule: 

	$10 for the 12-month period starting on October 2, 2006
  
	$120,000 for the 12-month period starting on October 1, 2007
  
	$130,000 for the 12-month period starting on October 1, 2008
  
	An amount no less than $150,000, as mutually agreed to by the Executive
  and the Employer, for any 12-month period whose start date is subsequent to
  September 30, 2009 


Said salary shall be subject to all statutory and other
deductions and shall be paid bi-weekly, in arrears, in the manner prescribed by
the Employer's payroll practices as they may be modified from time to time in
the discretion of the Employer.

(3) For any twelve-month period of employment of the Executive
by the Employer prior to September 30, 2009, in addition to the gross annual
base salary in 3.2, the Executive shall be paid a bonus of 1.5% of the amount by
which the gross annual revenues of the Employer exceed $2.5 

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million, to a maximum annual bonus amount of $750,000. The
amount of bonus payable to the Executive subsequent to September 30, 2009, shall
be mutually agreed to by the Executive and the Employer.

     (4) The Executive will be
entitled to participate in any and all of the Employer's group insurance plans,
retirement or pension plans, and any other benefit programs (the "Employee
Plans") which may be in effect for all employees of the Employer during his
employment. The Executive understands and agrees that the Employer reserves the
right to unilaterally revise the terms of the Employee Plans or to eliminate any
Employee Plans, or any part thereof altogether. The Executive understands and
agrees that benefits will be provided in accordance with the formal plan
documents or policies and any issues with respect to entitlement or payment of
benefits under any of the Employee Plans will be governed by the terms of such
documents or policies establishing the benefit in issue.

     (5) The Executive will be
entitled to fifteen days of vacation per annum to be taken at such time or times
as is convenient to both the Executive and the Employer.

     (6) Changes in remuneration, once
accepted by the Executive, will not affect the application of the balance of
this agreement.

     (7) During the term of this
agreement, the Executive shall be reimbursed by the Employer for approved
expenses, including travel, parking and other necessary business expenses
incurred as a result of his work on behalf of the Employer. The Employer shall
reimburse the Executive for such expenses upon presentation of supporting
documentation satisfactory to the Employer in accordance with the tax principles
applicable in Canada for such reimbursement and the Employer's established
reimbursement policies, as those policies may be modified from time to time in
the Employer's discretion. Reimbursement for any such expenses will be at the
sole discretion of the Employer.

4. Confidential Information and Intellectual
Property

     (1) The Executive acknowledges
that as a shareholder of the Employer and as General Manager and in such other
position as he may hold with the Employer, the Executive will acquire
information (the "Information") about certain matters which are confidential to
the Employer, whether or not designated or labelled as confidential or
proprietary, and which Information is the exclusive property of the Employer,
including but not limited to, the following:

(a) trade secrets;
(b) lists of
present and prospective customers buying habits; 
(c) purchase requirements;

(d) pricing and sales policies and concepts; 
(e) financial information;

(f) business plans, forecasts and market strategies, and

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	 	(g) 	
      plans production processes, product specifications and
      formulas, methods, technical and product bulletins, data on equipment sold
      and serviced, surveys, research and development programs, correspondence
      and sales reports.



     (2) The Executive acknowledges
that the Information could be used to the detriment of the Employer and that the
disclosure could cause irreparable harm to the Employer. Accordingly, the
Executive undertakes to treat confidentially all Information and not to disclose
it to any third party or to use it for any purpose, either during his
employment, except as may be necessary in the proper discharge of his duties, or
after termination of his employment for any reason, except with the written
permission of the Employer, unless and until such Information has ceased to be
secret or confidential without his fault. The foregoing covenant regarding
Information shall continue to be effective after the term of this agreement.

     (3) The Executive agrees that all
items created by him pursuant to the Executive's employment hereunder, or
furnished to him by the Employer, and all equipment, tools, personal computers,
diskettes, facsimile machines, portable telephones, automobiles, credit cards,
keys, books, records, reports, files, CD's, manuals, notes, data, tapes,
reference items, sketches, drawings, memoranda and other materials in any way
relating to any of the Information or to the Employer's business shall belong
exclusively to the Employer. The Executive agrees to turn over to the Employer
all such materials and copies thereof in its possession or under his control,
forthwith at the request of the Employer or, in the absence of a request, on the
termination of his employment with the Employer.

     (4) The Executive acknowledges
and agrees that all works as hereinafter defined are, and shall remain, the
exclusive property of the Employer. The Executive specifically acknowledges and
agrees that the Executive has no interest whatsoever in know-how, copyrights,
patents, trademarks, topographies or trade names, notwithstanding the fact that
the Executive may have created or contributed to the creation of same (the
“Works”).

     (5) The Executive hereby waives
any moral rights that you may have with respect to the Works.

     (6) The Executive further agrees
to disclose to the Employer, and preserve as strictly confidential, full
particulars of the Works, and undertake and agree to maintain at all times
adequate and current written records pertaining thereto, which records shall be,
and shall remain, the sole and exclusive property of the Employer.

     (7) The Executive agrees that the
Employer alone shall have the exclusive right to apply for, prosecute and obtain
any and all copyrights, patents, industrial designs, trademarks, or any other
intellectual property in respect of the Works. The Executive agrees, both during
the term of this agreement and thereafter, to execute and demand any such
applications, transfers, assignments and other documents which the Employer may
deem necessary or desirable for the purpose of vesting in, or assigning to, the
Employer all title to the Works, and for the purpose of applying for,
prosecuting and obtaining registrations for any and all copyrights, patents,
industrial 

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designs, trademarks, topographies or any and all other
intellectual property in respect thereof. The Executive further undertakes and
agrees to co-operate and assist in every way possible in the prosecution of any
such applications, and the Executive acknowledges that this agreement to
cooperate and assist in the prosecution of any such applications shall continue
notwithstanding the termination of the Executive’s employment.

     (8) The Executive further
understands that the provisions of this paragraph 4 and the Executive’s
agreement to same, are of the essence of this Employment Agreement and
constitute a material inducement to the Employer to enter into this Employment
Agreement and that the Employer would not have hired the Executive without such
inducement. 

     (9) The Executive agrees that the
provisions of this paragraph 4 shall be construed independently of any other
provision of this Employment Agreement, and the existence of any claim or cause
of action the Executive may have against the Employer, whether predicated on
this Employment Agreement or otherwise, shall not constitute a defence to the
enforcement by the Employer of the provisions of this paragraph 4.

     (10) The Executive acknowledges
and agrees that, in the event of the Executive’s violation of any of the
provisions this paragraph 4, the Employer shall be entitled to obtain, from an
authority of competent jurisdiction, interim and permanent injunctive relief and
an account of all profits and benefits that arise out of such violation, which
rights and remedies shall be cumulative in addition to any other rights or
remedies to which the Employer may be entitled in law. 

     (11) Notwithstanding any other
provision of this Employment Agreement this paragraph 4 shall survive the
termination of this Employment Agreement, however caused.

5. Non-competition

     (1) The Executive acknowledges
that as the President and CEO and as a shareholder and director of the Employer
he will gain a knowledge of and a close working relationship with the Employer's
customers, which would injure the Employer if made available to a competitor or
used for competitive purposes.

     (2) The Executive further
acknowledges that in the course of employment he will be assigned duties that
will give him knowledge of confidential and proprietary information which
relates to the conduct and details of the Employer's business and which will
result in irreparable injury to the Employer if he should enter into the
employment of a rival or competitive concerns, or if he should enter into the
business of the Employer.

     (3) The Executive acknowledges
that the Employer would not have entered into the Purchase Agreement had this
agreement in its entirety not been entered into by the Executive. The Executive
agrees that the Employer has a material interest in preserving the relationships
the Business has developed with its customers against impairment by competitive
activities of former employees. Accordingly, the Executive agrees that the
restrictions and covenants in this paragraph 5 

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and the Executive's agreement to it by his execution of this
agreement constitute a material inducement to the Employer to enter into this
agreement to employ the Executive and to pay the Executive compensation for the
services to be rendered to the Employer by the Executive (it being understood
and agreed by the parties to it that compensation shall also be paid and
received in consideration of this agreement), and that the Employer would not
enter into this agreement absent the inducement.

     (4) The Executive covenants and
agrees with and for the benefit of the Employer that for a period of 36 months
from the date of termination of his employment, however caused, unless the
Employer terminates the Executive without cause as defined in Section 8.3, he
will not for any reason whatsoever, directly or indirectly, either as an
individual or as a partner or joint venturer or as an employee, principal,
consultant, agent, shareholder, officer, director, or as a sales representative
for any person, firm, association, organization, syndicate, company or
corporation, or in any other manner whatsoever, carry on, be engaged in,
concerned with, interested in, advise, lend money to, guarantee the debts or
obligations of, or permit his name or any part thereof to be used or employed in
a business which is the same as, or competitive with, the business of the
Employer, including, but without limiting, any business relating to the
manufacturing, marketing and distribution of premium cosmetics, namely advanced
skin treatments. The Executive hereby acknowledges that both the Executive and
the Employer are of the view that as of the date hereof the appropriate
geographical area for the purposes of this clause is Canada and the United
States of America.

     (5) The Executive covenants and
agrees with and for the benefit of the Employer that for a period of 36 months
from the date of termination of his employment, however caused, unless the
Employer terminates the Executive without cause as defined in Section 8.3, the
Executive will not for any reason whatsoever, directly or indirectly, solicit or
accept business with respect to products which the Executive sold on behalf of
the Employer from any of the Employer's clients or customers with whom he had
direct contact in the 60 months preceding the termination of the Executive's
employment, wherever situated.

     (6) The Executive acknowledges
and agrees that the foregoing time limits and geographical restrictions are
reasonable and properly required for the adequate protection of the Business of
the Employer, and in the event that any time, limitation or geographic
restriction is deemed to be unreasonable by a court of competent jurisdiction,
the Executive agrees and submits to the reduction to the time limitation to a
period or area as a court shall deem to be reasonable.

6. Non-solicitation

     The Executive further agrees that
during employment pursuant to this agreement and for a period of 36 months
following termination of employment, however caused, he will not hire or take
away or cause to be hired or taken away any employee of the Employer for the
purposes of employment in any business related to or competitive with the
business of the Employer.

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6. Injunctive Relief

     (1) The Executive agrees that in
the event of a breach by the Executive of any of the provisions of paragraphs 4,
5 or 6 hereof or if the Employer is able to demonstrate to a court's
satisfaction that a breach by the Executive of the provisions of paragraphs 4, 5
or 6, as the case may be, is reasonably likely to occur, the Employer, in
addition to and not in limitation of any other rights, remedies or damages
available to the Employer at law or in equity, shall be entitled to an
injunction in order to prevent or restrain any breach by the Executive, or by
any and all of the Executive's partners, co-venturers, employers, employees,
servants, agents, representatives and any and all persons directly or indirectly
acting for, on behalf of, or with the Executive.

     (2) The Executive agrees that the
restrictions and covenants contained in paragraphs 4, 5 or 6 shall be construed
independently of any other provision of this agreement, and the existence of any
claim or cause of action by the Executive against the Employer, whether
predicated on this agreement or otherwise, shall not constitute a defence to the
enforcement by the Employer of the covenants or restrictions provided in
paragraphs 4, 5 or 6, provided however, that if any provisions of such clauses
shall be held to be illegal, invalid or unenforceable in any jurisdiction, the
decision shall not affect any other covenants or provisions of this agreement or
the application of any other covenant or provision in respect of each year
during which the aforesaid covenants are to continue.

7. Reports

     The Employee agrees to prepare
and submit to the Employer the periodic reports on his or her activities,
including analyses of market situations, sales prospects, ongoing negotiations
and other information relating to the marketing of the products as the Employer
may require. The Employee shall furnish the names of and other reasonable
information regarding customers receiving products and shall prepare and submit
to the Employer a written credit report if requested to do so

8. Termination

     (1) The Executive may terminate
his employment pursuant to this agreement by giving at least 12 month's advance
notice in writing to the Employer. The Employer may waive such notice, in whole
or in part, by providing the Executive with a lump sum payment equivalent to the
Executive’s base salary for the balance of the said notice period that remains
outstanding on the date that the Employer so exercises such waiver. The
Executive understands and agrees that if the Employer chooses to exercise the
waiver referenced herein, then, the maximum period for which the Employer shall
be required to provide the said lump sum payment shall not exceed the
outstanding balance of the 12 month’s notice period referenced herein, whether
or not the Executive voluntarily elects to provide more than 12 month’s notice
of his resignation from employment.

(2) The Executive's employment shall be
terminated upon the death of the Executive.

(3) The Employer may terminate the
Executive's employment without notice or payment in lieu thereof, for cause. For
the purposes of this agreement "cause" shall include:

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	 	(a) 	
      any material breach of the provisions of this agreement
      by the Executive, as determined in the sole discretion of the
    Employer;

	 	 	 
	 	(b) 	
      consistent poor performance on the part of the Executive,
      after being counselled as to the standard required, as determined in the
      sole discretion of the Employer;

	 	 	 
	 	(c) 	
      any intentional or grossly negligent disclosure of any
      Information by the Executive, as determined in the sole discretion of the
      Employer;

	 	 	 
	 	(d) 	
      violation by the Executive of any local, provincial or
      federal statute, including, without limitation, an act of dishonesty such
      as embezzlement or theft;

	 	 	 
	 	(e) 	
      competing with the Employer or aiding a competitor of the
      Employer, as determined in the sole discretion of the Employer,
  and

	 	 	 
	 	(f) 	
      any and all omissions, commissions or other conduct which
      would constitute cause at law, in addition to the specified
  causes.



9. Notices

     Any notice required or permitted
to be given to either party must be delivered by hand or personally (personal
delivery to include commercial couriers) to the party's address last known to
the other party and will be deemed to be received on the date of hand delivery
or personal delivery to such address.

10. Survival

     The Executive's obligations under
paragraphs 4, 5 and 6 shall survive the termination of this agreement.

11. Severability

     In the event that any provision
of this agreement is found to be void, invalid, illegal or unenforceable by a
court of competent jurisdiction, such finding will not affect any other
provision of this agreement. If any provision of this agreement is so broad as
to be unenforceable, such provision shall be interpreted to be only so broad as
is enforceable.

12. Counterparts

     This agreement may be executed in
<<blank>> counterparts, each of which shall be an original, and such
counterparts shall together constitute but one and the same instrument.

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13. Warranty

     The parties represent and warrant
that there are no restrictions, agreements or limitations on their rights or
ability to enter into and perform the terms of this agreement.

14. Modification

     Any modification of this
agreement must be in writing and signed by both the Executive and the Employer
or it shall have no effect and shall be void.

15. Headings

     The headings in this agreement
are for convenience of reference only, and under no circumstances should they be
construed as being a substantive part of this agreement nor shall they limit or
otherwise affect the meaning hereof.

16. Waiver

     The failure to object to, or the
waiver of any breach or violation of any provision by either party of this
agreement shall not operate or be construed as a waiver of any subsequent breach
or violation.

17. Prior Agreements

     This agreement supersedes all
prior agreements, oral or written, between the parties hereto with respect to
the subject-matter hereof. This agreement contains the final and entire
understanding and agreement between the parties hereto with respect to the
subject-matter hereof, and they shall not be bound by any terms, conditions,
statements, covenants, representations, or warranties, oral or written, not
herein contained with respect to the subject-matter hereof.

18. Assignment of Rights

     The rights which accrue to the
Employer under this agreement shall pass to its successors or assigns. The
rights of the Executive under this agreement are not assignable or transferable
in any manner.

19. Independent Legal Advice

     The Executive acknowledges that
he has read and understands this agreement, and acknowledges that he has had the
opportunity to obtain independent legal advice with respect to it.

20. Governing Law

     The agreement shall be governed
by and construed in accordance with the laws of the Province of Ontario.

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     IN WITNESS WHEREOF
the parties have duly executed this agreement this 24th day of October,
2006.

	SIGNED, SEALED AND
      DELIVERED by 	  
	BRANDON C. TRUAXE
      in the presence of: 	  
	 	 
	/s/ Witness
    	/s/ Brandon C. Truaxe 
	Signature of
      Witness 	BRANDON C. TRUAXE 
	 	 
	Name of Witness
      (please print) 	  
	 
    	  
	Address of Witness
      (please print) 	  
	 	 
	 	 
	Occupation of
      Witness (please print) 	  
	  	  
	EUOKO, INC. 	  
	 	 
	Per: /s/ Euoko,
      Inc. 	  
	Authorized
      Signatory 	  


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SCHEDULE A

Responsibilities of President and CEO

	 	1. 	
      Define, document and present to the board monthly,
      quarterly and yearly milestones for product development, brand exposure,
      marketing, distribution and financial performance of the
company.

	 	 	 
	 	2. 	
      Seek, document and present to the board monthly,
      quarterly and yearly achievements for product development, brand exposure,
      marketing, distribution and financial performance of the
company.

	 	 	 
	 	3. 	
      Perform monthly, quarterly and yearly analyses between
      milestone projections and actual achievements, and provide solid
      explanations for under/over-performance to the board.

	 	 	 
	 	4. 	
      Perform ongoing, in-depth, documented market research to
      understand a) scientific developments related to Euoko's industry, b)
      market trends, demands and predictions, c) market response to Euoko's
      products, d) market response to products that compete with Euoko's
      products directly or indirectly, e) financial performance of Euoko's
      direct and indirect competition, d) local and international distribution
      opportunities, and e) legal and regulatory requirements related to Euoko's
      business. Present a periodic summary of this research to the
  board.

	 	 	 
	 	5. 	
      Directly conceptualize and implement, in consultation
      with internal and external resources, new product developments,
      improvements to existing products, brand image changes, distribution
      strategies and scientific developments related to Euoko's
  products.

	 	 	 
	 	6. 	
      Directly manage the ongoing development of the brand's
      image, including all aspects of marketing, graphics design, packaging
      design, photography and design elements in physical presence (stores,
      offices), and enforce brand policies across all distribution
    channels.

	 	 	 
	 	7. 	
      Recruit Euoko's staff at all levels, including
      administrative support, marketing, sales, design, scientific and
      management. Work with financial consultants and the board to establish
      compensation packages. Monitor ongoing employee performance and act based
      upon the results of such monitoring.

	 	 	 
	 	8. 	
      Manage the daily operations and the staff of the company
      at the company's head office and any satellite offices/stores of the
      company. Ensure continuing employee motivation and resolve
      short-term/long-term conflicts that may arise amongst the team.

	 	 	 
	 	9. 	
      Be involved in all distribution arrangements and
      negotiate deals to maximize Euoko's benefits and minimize Euoko's
      risks.

	 	 	 
	 	10. 	
      Design all internal technology (software) requirements of
      the company and put in place resources to implement and maintain systems
      to meet such requirements. Ensure that internal software systems reflect
      Euoko's processes and that Euoko's efficiency from the use of such systems
      is maximized.

	 	 	 
	 	11. 	
      Find proper office and store locations for Euoko's
      operations, negotiate lease agreements, recruit/monitor the necessary
      resources to complete leasehold improvements to such locations and be
      involved in the operation launch and ongoing maintenance of each
      location.

	 	 	 
	 	12. 	
      Be directly involved in evaluation, selection,
      engagement, relationship management and termination of local and
      international suppliers across all channels: design, marketing, packaging,
      distribution, raw materials, manufacturing, packaging, legal, financial
      and others.



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