Exhibit 4.7


Employment Term Sheet

Raymond Wood

#202-2963 Glen Drive, Coquitlam, B.C. V3B 7B2 





			
	Postion:

	 
	President, reporting to the Board of Directors and providing services for QMI Technologies Inc. (`QMI`).


	Employer:

	 
	QMI Technologies Inc. ('QMI`), 202-11 Burbidge Street, Coquitlam, B.C., Canada, V3K 7B2


	Base Salary:

	 
	$ 72,000 per year in Canadian Funds.


	Payment Schedule

	 
	$3,000.00 CDN paid bi-weekly


	Payment Delivery:

	 
	Hold for Pickup


	Employment Start:

	 
	July 1, 2010


	Term:

	 
	36 months


	Benefits:

	 
	Extended Health and Dental to be paid by Employer


	Vacation:

	 
	TBD


	Compensation Review:

	 
	A compensation committee, consisting of QTech Directors, will be established and will handle all compensation matters.


	Withholdings:

	 
	All payments set forth herein which are subject to withholdings, shall be made less any required withholdings


	Job Description:

	 
	
·

Management of operations, staff, production, and sales. 


·

Achievement of sales objectives and targets.


·

Board of Directors accountability.


	Direct Reports: 

	 
	
·

ALL















Employment Term Sheet

Nicola Farrell of 

1431 Smith Avenue, Coquitlam, B.C. V3J 2Y1 








			
	Postion:

	 
	Vice President of Operations, reporting to the CEO and providing services for QMI Technologies Inc. (`QTech`).


	Employer:

	 
	QMI Technologies Inc. ('QMI`), 202-11 Burbidge Street, Coquitlam, B.C., Canada, V3K 7B2


	Base Salary:

	 
	$ 55,200 per year in Canadian Funds.


	Payment Schedule

	 
	$2,300.00 CDN paid bi-weekly


	Payment Delivery:

	 
	Hold for Pickup


	Employment Start:

	 
	July 1, 2010


	Term:

	 
	36 months


	Benefits:

	 
	Extended Health and Dental to be paid by Employer


	Vacation:

	 
	6 weeks annual vacation


	Compensation Review:

	 
	A compensation committee, consisting of QTech Directors, will be established and will handle all compensation matters.


	Withholdings:

	 
	All payments set forth herein which are subject to withholdings, shall be made less any required withholdings


	Job Description:

	 
	·

Bookkeeping, A/R and A/P

·

Purchasing of electronic components

·

Customs clearance and preparation of international shipping documents

·

Payroll and extended benefits administration

·

Reporting of payroll and GST to CRA

·

Shipping/receiving

·

Billing

·

General day-to-day office duties: Customer correspondence, data entry, filing


	Direct Reports: 

	 
	
·

n/a















Employment Term Sheet

Michael Hanrahan of 

1q3 – 3476 Coast Meridian Road, Port Coquitlam, B.C. V3B 7H6 





			
	Postion:

	 
	Vice President of Technology, reporting to the CEO and providing services for QMI Technologies Inc. (`QTech`)


	Employer:

	 
	QMI Technologies Inc. ('QMI`), 202-11 Burbidge Street, Coquitlam, B.C., Canada, V3K 7B2


	Base Salary:

	 
	$ 60,000 per year in Canadian Funds.


	Payment Schedule

	 
	$2,500.00 CDN paid bi-weekly


	Payment Delivery:

	 
	Hold for Pickup


	Employment Start:

	 
	July 1, 2010


	Term:

	 
	36 months


	Benefits:

	 
	Extended Health and Dental to be paid by Employer


	Vacation:

	 
	5 weeks annual vacation


	Compensation Review:

	 
	A compensation committee, consisting of QTech Directors, will be established and will handle all compensation matters.


	Withholdings:

	 
	All payments set forth herein which are subject to withholdings, shall be made less any required withholdings


	Job Description:

	 
	·

In charge of new product development and  ongoing review of existing products to improve  performance, efficiency, and reduce cost/time to  manufacture

·

Provide feasibility feedback to marketing department regarding requests for new products or new features for existing products

·

Co-ordinate with marketing department and/or customers to implement new features/products

·

Co-ordinate with independent contractors (programmers, board designers, etc.)

·

Review company technology and provide feedback regarding production equipment, test equipment, process and methodologies in an effort to keep up-to-date with current technology.


	Direct Reports: 

	 
	
·

Production Staff