Unassociated Document


    Exhibit
      10.42

     

    EMPLOYMENT
      AGREEMENT BETWEEN 

    


    JOHN
      G. SIMMONDS (the “employee”)

    1640
      15th
      Sideroad

    King
      City, Ontario L7B 1A3

    


    and

    


    WIRELESS
      AGE COMMUNICATIONS, INC. (the “company”)

    1075
      MEYERSIDE DRIVE

    MISSISSAUGA,
      ON L5T 1M3

     

    Dated
      this 28th day of May 2007.

     

    The
      terms of employment between John G. Simmonds and Wireless Age Communications,
      Inc. are as outlined below;

    


    1.
      This
      Employment Agreement is retroactive to February 1, 2007 and is effective until
      March 31, 2008.

    


    2.
      Your
      responsibilities will include Chief Executive Officer and Chairman of the Board
      of Wireless Age Communications, Inc. 

    


    3.
      Your
      salary will be $200,000 CDN base salary per annum. It will be paid on the
      15th
      and last
      day of each month in the amount of $8,333.33 CDN per payment. Subject to minimum
      statutory deductions as required by Revenue Canada.

    


    4.
      You
      will be entitled to a bonus as determined and agreed to by the employee and
      Chairman’s of the Compensation and Audit Committee’s.

    


    5.
      You
      will be granted stock options when approved by the Board of Director’s at the
      next board meeting.

    


    6.
      The
      Company will cover out of pocket travel expenses relating to company business.
      Please submit expense reports (with applicable receipts) to the Chairman of
      Compensation Committee for approval.

    


    7.
      The
      Company will reimburse John Simmonds for office rent including utilities in
      the
      amount of $3,000.00 CDN per month. This payment will be reviewed if and when
      the
      office relocates. 

    


    8.
      The
      Company will pay a car allowance in the amount of $1,000.00 CDN per
      month.

    


    9.
      The
      Company will provide you with a cellular phone/blackberry. Please submit monthly
      invoice to the Company for reimbursement.

    


    10.
      As
      a
      senior executive of Wireless Age Communications, Inc. you are entitled to
      participate in our standard employee benefit plans. Our obligation under these
      plans shall be limited to payment of the employer's share of the premiums (if
      any). We reserve the right to amend the benefits from time to time.

    


    11.
      The
      Company may terminate your employment with 30 days written notice. 

    


    If
      this
      employment agreement is acceptable to you, please sign the enclosed copy of
      this
      letter in the designated space below .

     

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    


    Wireless
      Age Communications, Inc.

     

    
      	 	 	 	 
	/s/ Stephen Dulmage	 	 	May 28, 2007
	
              
Stephen
              Dulmage	 	
              Date   

            	
              
                

              
      
	
              Chairman
                of the Compensation Committee

            	 	 	
            


       

      
        	 	 	 	 
	/s/ Brian Usher-Jones	 	 	May 30, 2007
	
                
Brian
                Usher-Jones	 	
                Date   

              	
                
                  

                
      
	
                
                  Chairman
                    of Audit Committee

                

              	 	 	
              


      

       

    

    I
      have
      read and understood this employment agreement. I accept the terms and conditions
      and outlined in the employment agreement.

    


    Dated
      28
      of May, 2007.

     

    /s/
      John G. Simmonds


    
      

    

    John
      G.
      Simmonds

    Chairman
      & CEO