Document:

Exhibit 10.2

    
      

      

    

    
       

       

       

       

       

       

       

       

      

       

      
        	
                
                

                 

                 

                EXECUTIVE

                EMPLOYMENT
                  AGREEMENT

                 

                 

              

      

      
      

       

       

      

        OXFORD
          MEDIA, INC.,

        a
          Nevada corporation,

        as
          "Employer"

        and

         

        J.
          RICHARD SHAFER,

        as
          "Executive"

         

         

         

         

         

         

         

         

         

        Effective
          Date:

        20
          MARCH 2006

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        EXECUTIVE
          EMPLOYMENT AGREEMENT 
          
            

          

        

         

        I

         

        PARTIES

        

        THIS
          EXECUTIVE EMPLOYMENT AGREEMENT
          (the
          "Agreement") is entered into effective as of the 20th
          day of
          March, 2006 (the "Effective Date"), by and between OXFORD MEDIA,
          INC., a Nevada corporation (the “Employer”); and,
          J.
          RICHARD SHAFER, an individual
          currently residing in the State of California (the "Executive"). Employer
          and
          Executive are sometimes referred to collectively herein as the "Parties",
          and
          each individually as a "Party".

        

        II

        RECITALS

        

        A.  Employer
          is engaged in the business of, among other things, among other things,
          acting as
          a wireless and business systems provider specializing in WiFi/WiMAX, IT
          Security
          and IT Integration, and Telecom (which includes as part of these offering
          of
          services, the design and installation of specialty communication systems
          for
          data, voice, video, and telecom, and the deployment of fixed wireless networks),
          in addition to providing support to affiliated entities of Employer in
          developing private broadband networks and proprietary software and hardware
          which allows for the delivery of low-cost broadband Internet access as
          well as
          video and audio content on demand on a Pay-Per-View basis.

        

        B.  Employer's
          principal place of business is located at One Technology Drive, Building
          H,
          Irvine, California, 92618 (the "Premises").

        

        C.  Executive
          is acknowledged as having domain expertise and significant contacts in
          the
          fields of technology to be pursued by Employer, and Executive represents
          to
          possess certain other skills and contacts which would enable Executive
          to
          benefit Employer.

        

        D.  The
          Parties acknowledge that the Executive's abilities and services are unique
          and
          essential to the prospects of Employer, and Employer has relied upon Executive
          agreeing to serve Employer pursuant to this Agreement.

        

        E.  Employer
          desires to retain the services of Executive, and Executive desires
          to be
          retained by Employer, all pursuant to the terms and conditions contained
          herein.

        

        F.  NOW, THEREFORE,
          in
          consideration of the promises and the mutual covenants contained herein,
          and for
          other good and valuable consideration, the receipt and sufficiency of
which
          are
          hereby acknowledged, the Parties, intending to be legally bound, hereby
          agree as
          follows:

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        

        III

         

        EMPLOYMENT

        

        3.1    
Position. Employer
          hereby hires Executive to serve in the position as executive vice president
          of
          sales. Executive shall do and perform all services, duties, responsibilities,
          and acts typically and customarily undertaken by the executive vice president
          of
          sales of a corporation of size and scope substantially similar to Employer,
          which shall include but not be limited to those items prescribed by the
          Bylaws
          of Employer, as amended from time-to-time, subject always to the final
          determination of the Board of Directors of Employer (the "Board"). Said
          services
          may also include, but not be limited to, those listed on Exhibit 3.1, attached
          hereto and incorporated herein by reference.

        

        3.2     
           Reasonable
          Additional or Changed Responsibilities. Nothing
          herein shall preclude the Board from changing Executive's title or materially
          changing the duties of Executive if such Board has concluded in its reasonable
          judgment that such change is in Employer's best interests. At all times
          during
          the term of this Agreement, Executive shall be employed as a senior executive
          of
          Employer, with appropriate and commensurate compensation, title, rank and,
          status. If Executive is elected or appointed a director or officer of any
          of
          Employer's subsidiaries during the Term of this Agreement, Executive, if
          he
          accepts such position, will serve in such capacity without further
          compensation.

        

        3.3    
             Time
          and Effort.

        

        3.3.1.  
          Entire
          Productive Time. Executive
          shall devote Executive's entire business time, attention, knowledge, and
          skill
          to the business and interests of Employer. Employer shall be entitled to
          all the
          benefits and profits arising from or incident to any and all services performed
          by Executive pursuant to this Agreement.

        

        3.3.2.   
          Exceptions. Nothing
          contained in Section 3.3.1., above, shall be construed to prevent Executive
          from, during the Term of this Agreement:

         

        (a)  purchasing
          securities in any corporation whose securities are regularly traded provided
          that such purchase shall not result in his collectively owning beneficially
          at
          any time five percent (5%) or more of the equity securities of any corporation
          engaged in a business competitive to that of Employer;

        

        (b)  participating
          in conferences, preparing or publishing papers or books or teaching, so
          long as
          Executive provides reasonable written notice to the Board of such activities
          prior to Executive engaging in them; or

        

        (c)  Continuing
          to participate in business activities and pursuits in which Executive is
          involved as of the Start Date.

        

        3.4  
            Term.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

         

        
           3.4.1 
            . Initial
            Term. Executive's
            employment with Employer and the Term of this Agreement shall commence
            on the
            20th
            day of
            March, 2005 (the "Start Date"), and shall continue for an initial period
            of
            three (3) years, unless sooner terminated as provided for herein (the
            "Initial
            Term").

        

        

        3.4.2. 
           Extended
          Term. This
          Agreement shall remain in full force and effect and shall renew for an
          additional twenty-four (24) months (the "Extended Term"), provided that
          neither
          Party at least sixty days (60) prior to the end of Initial Term gives written
          notice to the other of its decision to not have the Agreement remain in
          full
          force and effect for the Extended Term, thereby terminating the Agreement
          as of
          and at the end of the Initial Term.

        

        3.4.3.  
          Term
          Defined. For
          purposes of this Agreement, the word "Term" shall specifically include
          the
          Initial Term and all Extended Term hereunder.

        

        3.5 
            Location. Except
          for routine travel incident to the business of Employer, Executive's services
          hereunder shall be principally performed at the Premises, or such other
          location
          within the surrounding area of the Premises.

        

        IV

         

        COMPENSATION

        

         4.1 
             Base
          Salary. Employer
          agrees to pay Executive and Executive agrees to accept as compensation
          for the
          services and obligations set forth herein, as Base Salary, the sums referenced
          on Exhibit 4.1, attached hereto and incorporated herein by reference, per
          annum,
          which sum shall be paid to Executive by Employer in equal semi-monthly
          installments to be tendered to Executive on the first and fifteenth day
          of each
          month, or at such other intervals as may be mutually agreed upon by Employer
          and
          Executive.

        

         4.1.1. 
          Necessary
          Deductions. Employer
          shall deduct from the Base Salary amounts sufficient to cover applicable
          federal, state, and/or local income tax withholdings, and any other amounts
          which Employer is required to withhold by applicable law.

        

         4.1.2.
           Yearly
          Review. Upon
          each
          yearly anniversary of the Start Date, Executive's Base Salary shall be
          reviewed
          by the Board or the Compensation Committee of the Board (the "Compensation
          Committee"). Base Salary may be increased above those amounts referenced
          in
          Exhibit 4.1, but may never be decreased, in the sole discretion of the
          Board or
          the Compensation Committee.

        

         4.2     
           Discretionary
          Annual Bonuses. Employer
          may, but is not obligated to, pay Executive, as additional annual compensation,
          during each calendar year ending during the Term of this Agreement, such
          sums as
          may annually be determined by the Board, or the Compensation Committee,
          including bonus, regular and cost of living increases, and
          adjustments.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        

        V

         

        EXECUTIVE
          BENEFITS

        

         5.1      Employer
          Policy. During
          the Term of this Agreement, Executive shall be entitled to participate
          in
          employee benefit plans or programs of Employer, if any, to the extent that
          his
          position, tenure, salary, age, health and other qualifications make him
          eligible
          to participate, subject to the rules and regulations applicable thereto.
          Such
          additional benefits shall include, subject to the approval of the Board,
          full
          medical, dental and disability income insurance, and participation in qualified
          pension and profit sharing plans, as well as a car allowance of Seven Hundred
          Fifty Dollars ($750.00) per month and a One Hundred Fifty Dollar ($150.00)
          monthly cell phone allowance.

        

         5.2     
          Business
          Expenses. Employer
          will reimburse Executive for all reasonable business
          expenses
          incurred by Executive in the performance of Executive's duties provided
          that:

        

        (a)  
           
          Each
          such
          expenditure is reasonable and is made to support the execution of Employer's
          business or strategic plan;

        

        (b)  
            Executive
          furnishes to Employer adequate records and other documentary evidence required
          to substantiate such expenditures as a proper deduction for federal income
          tax
          purposes.

        

         5.3     
          Vacation
          Time. Executive
          shall be granted three (3) weeks paid vacation for each calendar
          year during the Term, with said time being immediately available for Executive's
          benefit.
          Vacation
          shall only be taken at such times as not to interfere with the necessary
          performance of Executive's duties and obligations under this Agreement
          unless
          otherwise agreed upon by the Board. However, if at the end of any calendar
          year
          there is any accrued and unused vacation time for
          Executive, additional vacation time for Executive will not accrue until
          Executive takes all of his vacation
          time accrued from prior calendar years. Upon using said accrued vacation
          time,
          Executive shall
          once again be entitled to three (3) weeks paid vacation time for that calendar
          year, prorated for
          the
          month in which the remaining accrued vacation time was taken.

        

         5.4     
          Indemnification. Employer
          and Executive shall execute an Indemnification Agreement in the form of
          Exhibit
          5.4, attached hereto and incorporated herein by reference, which shall
          provide,
          among other things, that Employer shall indemnify Executive against certain
          claims arising by reason of the fact that he is or was an officer or director
          of
          Employer. In addition to all rights under the Indemnification Agreement,
          the
          Parties further agree that all liabilities incurred by Executive in his
          capacity
          as an officer hereunder shall be incurred for the account of Employer,
          and
          Executive shall not be personally liable therefore. Executive shall not
          be
          liable to Employer, or
          any
          of
          its respective subsidiaries, affiliates, employees, officers, directors,
          agents,
          representatives, successors, assigns, stockholders, and their respective
          subsidiaries and affiliates, and Employer shall, and hereby agrees to,
          indemnify, defend and hold Executive harmless from and against any and
          all
          damages and/or loss or liability (including, without limitation, all cost
          of
          defense thereof), for any acts or omissions in the performance of service
          under
          and within the scope of this Agreement on the part of Executive.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          

5.5  
            Change
          in Control Payments.

        

         5.5.1.
            Change
          in Control. For
          purposes of this Agreement, a "Change in Control" of Employer shall be
          deemed to
          have occurred if (a) there shall be consummated (i) any consolidation or
          merger
          of Employer into or with another person, as such term in used in Sections
          13(d)(3) and 14(d)(2) of the Securities and Exchange Act of 1934, as amended
          (the "Exchange Act"), in which Employer is not the continuing or surviving
          corporation or pursuant to which shares of Employer's common stock immediately
          prior to the merger have the same proportionate ownership of common stock
          of the
          surviving corporation immediately after the merger, or (ii) any sale, lease
          or
          other transfer (in one transaction or a series of related transactions)
          of all
          or substantially all of the assets of Employer; or, (b) the shareholders
          of
          Employer approve any plan or proposal for the liquidation or dissolution
          of
          Employer; or, (c) any person who is not now the owner of twenty percent
          (20%) or
          more of Employer's outstanding equity securities shall become the beneficial
          owner (within the meaning of Rule 13d-3 under the Exchange Act) of twenty
          percent (20%) or more of Employer's outstanding equity securities; or,
          (d)
individuals
          who are the members of the Board (once the Board consists of at least
          seven
          members)
          cease to constitute a majority of the members of the Board, provided that
          any
          person becoming a member of the Board subsequent to such date whose election
          or
          nomination for election was supported by two-thirds of the directors who
          then
          comprised the Board shall be considered to be part of the original
          majority.

        

         5.5.2. 
          Severance
          Payment. Upon
          the
          occurrence of a Change in Control of Employer, the employment of Executive
          hereunder shall terminate and Employer shall pay (or, if applicable, Employer
          shall ensure that it's successor or assign shall pay) to Executive in cash,
          on
          the day on which the Change of Control occurs (which for the purposes of
          this
          Agreement, shall be the Termination Date for this Article V), the
          following:

         

        (a)  All
          accrued and unpaid salary and other compensation payable to Executive by
          Employer for services rendered by Executive to Employer through the Termination
          Date;

        

        (b)  All
          accrued and unused vacation and sick pay payable to Executive by Employer
          with
          respect to services rendered by Executive to Employer through the Termination
          Date; and

        

        (c)  Severance
          pay in an amount equal to twenty-four (24) months salary based upon the
          then
          existing salary of Executive, with the total amount to be paid in one
          installment on the due date noted above, calculated at a net present
          value.

        

         5.5.3.
           Provision
          of Services Following Change in Control. At
          the
          request of Employer, Executive shall continue to serve hereunder for a
          period of
          time not to exceed one hundred eighty (180) days following the Termination
          Date.
          If Employer requests Executive to perform such services, Executive shall
          be
          compensated from and after the Termination Date for the period that Executive
          actually remains employed by Employer at his then current salary, and with
          the
          provisions of Section 5.2, above, continuing to apply as well. All such
          amounts
          payable to Executive shall be in addition to and not in lieu of the amounts
          payable to Executive under Section 5.5.2, above. Upon the later to occur
          of an
          occurrence of a Change of Control or the termination
          of any period during which Executive continues to provide services as aforesaid,
          Executive's employment hereunder shall terminate.

         

        
 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         5.6      
          Life
          Insurance. Upon
          the
          completion of the first six (6) months under the Term, Employer shall purchase,
          at its sole cost and expense, a term life insurance policy with a death
          benefit
          of One Million Dollars ($1,000,000), with Executive as the owner and
          insured,
          if
          such coverage
          is available. Executive, as the owner of the policy, shall designate the
          beneficiary of the
          policy,
          as he may change same from time-to-time. Employer shall keep and maintain
          the
          policy in full force and effect throughout the entire Term. Executive agrees
          to
          permit Employer to purchase "key man" term life insurance
          coverage (as that term is commonly defined) on Executive for the benefit
          of
          Employer, in the sole discretion and sole cost and expense of
          Employer.

        

         5.7     
          Board
          Participation. Executive
          shall serve as an ex-officio/invitee of the Board of Directors of Oxford
          Media,
          Inc. ("Oxford's Board"), the corporate parent of Employer. Executive shall
          have
          full right of participation in all meetings of Oxford's Board. Executive
          shall
          have no voting rights. Oxford's Board reserves the right to excuse Executive
          from any meeting in the event Oxford's Board reasonably determines that
          confidentiality dictates that Executive not participate in any such meeting,
          or
          portion thereof.

        

        VI

        

        TERMINATION

        

         6.1     
           Termination
          in Case of Death.

        

         6.1.1. 
          Termination
          Event. Executive's
          employment hereunder shall terminate immediately upon the death of Executive,
          which shall be the Termination Date for this Section 6.1.

        

         6.1.2. 
          Result
          of Termination. Upon
          termination of Executive's employment pursuant to this Section 6.1, Employer
          shall pay to Executive's estate, on the Termination Date, a lump sum payment
          of
          an amount equal to (i) all accrued and unused vacation and sick pay payable
          to
          Executive by Employer with respect to serviced rendered by Executive to
          Employer
          through the Termination Date; and, (ii) if the Termination Date occurs
          during
          the
          Extended Term, an amount equal to twelve (12) months salary based upon
          the then
          existing salary of Executive, payable in the same manner as salary would
          have
          been paid to Executive had he continued to work for Employer hereunder.
          In
          addition to the foregoing, and notwithstanding the provisions of any other
          agreement to the contrary, Employer shall continue to provide for the benefit
          of
          Executive's family the medical benefits referred to in Section 5.1 hereof
          for
          twelve (12) months following the Termination Date.

        

         6.2     
           Termination
          in Case of Disability.

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
 

         6.2.1.
           Termination
          Event. If
          Executive suffers a physical or mental disability which results in Executive
          being unable to perform his duties hereunder for a three (3) consecutive
          month
          period, then the Parties shall proceed as follows: (i) the Board shall
          select a
qualified
          physician; (ii) Executive or his legal representative, if applicable, shall
          select a qualified physician; (iii) those two (2) physicians shall select
          a
          third qualified physician; (iv) the three physicians shall examine Executive
          and
          review his physical and mental capacity. If a majority of the three physicians
          determine in good faith that such physical or mental disability renders
          Executive incapable of performing his duties hereunder for a period of
          at least
          three (3) consecutive months following the date of such physician's written
          opinion, then Executive's employment shall terminate effective three (3)
          weeks
          following the date of such physician's written opinion, which shall be
          the
          Termination Date for this Section 6.2.

        

         6.2.2.
           Result
          of Termination. Upon
          termination of Executive's employment pursuant to this Section 6.2, Employer
          shall pay to Executive, on the Termination Date, a lump sum payment of
          an amount
          equal to (i) all accrued and unpaid salary and other compensation payable
          to
          Executive by Employer and all accrued and unused vacation and sick pay
          payable
          to Executive by Employer with respect to services rendered by Executive
          to
          Employer through the Termination Date; and, (ii) if the Termination Date
          occurs
          during the Extended Term, an amount equal to nine (9) months salary based
          upon
          the then existing salary of Executive, payable in the same manner as salary
          would have been paid to Executive had he continued to work for Employer
          hereunder. However, such amount shall be reduced by the amount of any payments
          to be paid to Executive under any long-term disability insurance policy
          maintained by Employer for the benefit of Executive. In addition to the
          foregoing, and notwithstanding the provisions of any other agreement to
          the
          contrary, Employer shall continue to provide to Executive all other benefits
          referred to in Section 5.1 hereof for nine (9) months following the Termination
          Date.

        

         6.3      
          Termination
          By Executive for Cause.

        

         6.3.1.
           Termination
          Event. This
          Agreement shall terminate upon ten (10) days prior written notice from
          Executive
          to Employer of Executive's decision to terminate "for cause" (as defined
          below),
          provided that the notice specifies the conduct constituting "for cause"
          hereunder,
          and Employer does not remediate or cease, as appropriate, the conduct
          constituting "for cause"
          prior to the expiration of such ten (10) day period. For purposes of this
          Section 6.3, the term
          "for
          cause" shall include the following:

        

        (a)  The
          willful breach of any of the material obligations of Employer owed to Executive
          under this Agreement;

        

        (b)  The
          Employer's primary chief executive offices are moved to a location outside
          of
          Orange County, California, unless approved by the Board; or

        

        (c)  The
          material breach of this Agreement by Employer.

        

        6.3.2.
          Result
          of Termination. Upon
          termination of Executive's employment pursuant to this Section 6.3. Employer
          shall pay to Executive, on the termination date designated by Executive,
          an
          amount equal to (i) all accrued and unpaid salary and other compensation
          payable
          to Executive by Employer and all accrued and unused vacation and sick pay
          payable to Executive by Employer with respect to services rendered by Executive
          to Employer through the Termination Date; and, (ii) an amount equal to
          twelve
          (12) months salary based upon the then existing salary of Executive, payable
          in
          the same manner as salary would have been paid to Executive
          had he continued to work for Employer hereunder. In addition to the foregoing,
          and notwithstanding the provisions of any other agreement to the contrary,
          Employer shall continue to provide to Executive all other benefits that
          would
          otherwise be payable to Executive pursuant to Section 5.1 hereof for the
          twelve
          (12) months following the Termination Date.

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
 

         6.4      
          Termination
          by Executive Without Cause.

        

         6.4.1.
           Termination
          Event. This
          Agreement shall terminate immediately upon delivery to Employer of thirty
          (30)
          days written notice of termination by Executive without cause.

        

         6.4.2.
           Result
          of Termination. Upon
          termination of this Agreement pursuant to this
          Section 6.4, Employer shall pay to Executive, on the Termination
          Date, a
          lump
          sum
          payment
          of an
          amount equal to all accrued and unpaid salary and other compensation payable
          to
          Executive by Employer and all accrued and unused vacation and sick pay
          payable
          to Executive by Employer with respect to services rendered by Executive
          to
          Employer through the Termination Date.

        

         6.5      
          Termination
          by Employer With Cause.

        

         6.5.1.
           Termination
          Event. This
          Agreement shall terminate upon ten (10) days prior
          written notice from Employer to Executive of the termination of Executive's
          employment "for
          cause"
          (as defined below), provided that the notice specifies the conduct constituting
          "for cause" hereunder,
          and Executive does not cease the conduct constituting "for cause" prior
          to the
          expiration of
          such
          ten (10) day cure period. For purposes of this Section 6.5, the term "for
          cause"
          shall include
          the
          following:

        

        (a)  Any
          action by Executive resulting in the conviction or plea of nolo contendre of any
          criminal statute constituting a felony;

        

        (b)  Gross
          misconduct in the performance of Executive's duties hereunder;

        

        (c)  The
          failure by Executive to follow or comply with the policies and procedures
          of Employer, or the written directives of the Board of Directors of Employer,
          provided
          that
          such policies, procedures or directives are consistent with Executive's
          duties
          hereunder;

        

        (d)  The
          violation by Executive of any material provision of this Agreement.

        

         6.5.2.
           Result
          of Termination. Upon
          termination of this Agreement pursuant to this Section 6.5, Employer shall
          pay
          to Executive, on the Termination Date, a lump sum payment of an amount
          equal to
          all accrued and unpaid salary and other compensation payable to Executive
          by
          Employer and all accrued and unused vacation and sick pay payable to Executive
          by Employer with respect to services rendered by Executive to Employer
          through
          the Termination Date.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

         

        
          

 6.6     
           Termination
          By Employer Without Cause.

        

         6.6.1.
           Termination
          Event. The
          employment of Executive shall terminate immediately upon delivery to Executive
          of written notice of termination by Employer, which shall be deemed to
          be
          "without cause" unless termination is expressly stated to be pursuant to
          Sections 6.1 or 6.2.

        

         6.6.2.
           Result
          of Termination. Upon
          termination of this Agreement pursuant to this Section 6.6, Employer shall
          pay
          to Executive, on the Termination Date, an amount equal to (i) all accrued
          and
          unpaid salary and other compensation payable to Executive by Employer and
          all
          accrued and unused vacation and sick pay payable to Executive by Employer
          with
          respect to services rendered by Executive to Employer through the Termination
          Date; and, (ii) an amount equal to twelve (12) months salary based upon
          the then
          existing salary of Executive, payable in the same manner as salary would
          have
          been paid to Executive had he continued to work for Employer hereunder.
          In
          addition to the foregoing, and notwithstanding the provisions of any other
          agreement to the contrary, Employer shall continue to provide to Executive
          all
          other benefits that would otherwise be payable to Executive pursuant to
          Section
          5.1 hereof for the twelve (12) months following the Termination
          Date.

        

         6.7      Termination
          upon the Expiration of the Term. Upon
          termination of this Agreement upon the scheduled expiration of the Term
          pursuant
          to Section 3.4, above, Employer shall pay to Executive, on the Termination
          Date,
          an amount equal to (i) all accrued and unpaid salary and other compensation
          payable to Executive by Employer and all accrued and unused vacation and
          sick
          pay payable to Executive by Employer with respect to services rendered
          by
          Executive to Employer through the Termination Date; and, (ii) an amount
          equal to
          twelve (12) months salary based upon the then existing salary of Executive,
          payable in the same manner as salary would have been paid to Executive
          had he
          continued to work for Employer hereunder.

        

         6.8      Disputes
          as to Termination. If
          either
          party disputes any aspect of Executive's termination
          hereunder, the disputing party shall demand arbitration of the dispute
          by
          written notice
          to the
          other no later than thirty (30) days after the applicable termination date.
          The
          costs of arbitration,
          including the fees and expenses of the arbitrator, shall be paid by Employer.
          Each Party shall
          bear the cost of preparing and presenting its case including the use of
          any
          expert witness. Such arbitration
          shall be commenced not later than thirty (30) days following the date of
          delivery of the
          notice
          of arbitration by a panel of three qualified arbitrators, one who
          shall,
          be
          designated by Executive,
          one by the Employer and one (who shall act as chairman of the arbitration
          panel)
          by the first
          two
          arbitrators so appointed. The arbitration shall be conducted in Orange
          County,
          California in accordance
          with the rules promulgated and adopted by the American Arbitration
          Association (with the
          right
          of discovery as provided in the California Code of Civil Procedure by all
          Parties), and each
          Party
          shall retain the right to cross-examine the opposing Parry's witnesses,
          either
          through legal counsel, expert witnesses or both. The majority decision
          of the
          arbitration panel shall be made in writing, and shall be final, binding
          and
          conclusive on all Parties (without any right of appeal therefrom) and shall
          not
          be subject to judicial review.

        

        6.9    Termination
          Date. For
          purposes of this Agreement, the term "Termination Date" shall mean that
          date on
          which Executive's employment is terminated pursuant to this Article
          VI.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        

        VII

         

        INTENDED
          TAX RESULTS

        

         The
          Parties believe that the payments pursuant to Section 5.5 and Article VI,
          above,
          do not constitute "Excess Parachute Payments" under Section 280G of the
          Internal
          Revenue Code of 1986, as amended (the "Code"). Notwithstanding such belief
          and
          intent, if any benefit under these provisions constitutes an "Excess Parachute
          Payment", Employer shall pay to Executive an additional amount (the "Tax
          Payment") such that (i) the excess of all Excess Parachute Payments (including
          payments under this sentence) over the sum of excise tax thereon under
          Section
          4999 of the Code and income tax thereon under Subtitle A of the Code and
          under
          applicable state law is equal to (ii) the excess of all Excess Parachute
          Payments (excluding payments under this sentence) over income tax thereon
          under
          Subtitle A of the Code and under applicable state law is equal to (iii)
          the
          excess of all Excess Parachute Payments (excluding payments under this
          sentence)
          over income tax thereon under Subtitle A of the Code and under applicable
          state
          law. Such Tax Payment shall be paid to Executive concurrently with the
          severance
          payment referred to in Section 5.5.2., above.

        

        VIII

         

        NO
          MITIGATION

        

         The
          payments required to be paid to Executive by Employer pursuant to Section
          5.5.2.
          and Article VI, above, shall not be reduced by or mitigated by amounts
          which
          Executive earns or is capable of earning during any period following his
          Termination Date, and shall not be subject to any offsets, deductions,
          or
          charges, other than as may be required under applicable Federal and State
          tax
          withholding and similar requirements.

        

        IX

         

        CONFIDENTIAL
          INFORMATION AND RELATED COVENANTS

        

         9.1   
            Trade
          Secrets Covenants. Executive
          shall not at any time, whether during or subsequent to the term of Executive's
          employment, unless specifically consented to in writing by Employer,
          either directly or indirectly use, divulge, disclose or communicate to
          any
          person, firm, or
          corporation, in any manner whatsoever, any confidential information concerning
          any matters affecting or relating to the business of Employer, including,
          but
          not limited to, the names, buying habits, or practices of any of its customers,
          its' marketing methods and related data, the names of any
          of
          its vendors or suppliers, costs of materials, the prices it obtains or
          has
          obtained or at which it sells
          or
          has sold its products or services, manufacturing and sales, costs, lists
          or
          other written records
          used in
          Employer's business, compensation paid to employees and other terms of
          employment, or any
          other
          confidential information of, about or concerning the business of Employer,
          its
          manner of operation,
          or other confidential data of any kind, nature, or description. The Parties
          hereby stipulate
          that as
          between them, the foregoing matters are important, material, and confidential
          trade secrets and affect the successful conduct of Employer's business
          and its
          goodwill, and that any breach of any term of this Section 9.1 is a material
          breach of this Agreement.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
 

         9.2      Customer
          Accounts Covenants. As
          used
          herein, the term "Customer Accounts" shall mean all accounts, clients,
          customers, and the like of Employer and its affiliates, subsidiaries, licensees,
          and business associations, whether now existing or hereafter developed
          or
          acquired, including any and all accounts developed or acquired by or through
          the
          efforts of Executive. During and through the Term of this Agreement and
          continuing for a period of twenty four (24) months immediately following
          the
          termination of Executive's employment with Employer, Executive shall not
          directly or indirectly make known to any person, firm, corporation or entity
          the
          names or addresses of any of the Customer Accounts or any other information
          pertaining to them. During this same
          time
          period, Executive shall not, directly or indirectly, for Executive or any
          other
          person, firm,
          corporation or entity, divert, take away, call on or solicit, or attempt
          to
          divert, take away, call on or solicit, any of the Customer Accounts, including
          but not limited to those Customer Accounts which Executive called or with
          whom
          Executive became acquainted during Executive's employment with
          Employer.

        

         9.3   
            Employees
          Covenant. During
          and through the Term of this Agreement and continuing for a period of twenty
          four (24) months immediately following the termination of Executive's employment
          with Employer, Executive shall not, directly or indirectly, cause or induce,
          or
          attempt to cause or induce, any employee of Employer to terminate his or
          her
          employment with Employer, as such employment exists at any time following
          the
          execution of this Agreement.

        

         9.4      Books
          and Records. All
          equipment, notebooks, documents, memoranda, reports, files, samples, books,
          correspondence, lists, computer disks and data bases, computer programs
          and
          reports, computer software, and all other written, graphic and computer
          generated or stored records affecting or relating to the business of Employer
          which Executive shall prepare, use, construct, observe, possess, or control
          shall be and remain the sole and exclusive property of Employer, and shall
          constitute trade secret information of Employer. Within five (5) day so
          of the
          Termination Date, Executive shall promptly deliver to Employer all such
          equipment, notebooks, documents, memoranda, reports, files, samples, books,
          correspondence, lists, computer disks and data bases, computer programs
          and
          reports, computer software, and all other written, graphic and computer
          generated or stored records relating to the business of Employer which
          are or
          have been in the possession or under the control of Executive.

        

         9.5     
          Injunctive
          Relief. Executive
          acknowledges that if Executive violates any of the provisions of this Article
          IX, it will be difficult to determine the amount of damages resulting to
          Employer. In addition to any other remedies which it may have, Employer
          shall
          also be entitled to seek temporary and permanent injunctive relief without
          the
          necessity of proving actual damages.

        

         9.6  
             Enforcement
          of Covenants. It
          is the
          desire and intent of the Parties that the provisions of this Article IX
          shall be
          enforced to the fullest extent permissible under the laws and public policies
          applied in each jurisdiction in which enforcement is sought. Accordingly,
          if any
          particular portion of this Article IX shall be adjudicated to be invalid
          or
          unenforceable, this Article IX shall be deemed amended to delete therefrom
          the
          portion thus adjudicated to be invalid or unenforceable, such deletion
          to apply
          only with respect to the operation of this Article in the particular
          jurisdiction in which such adjudication is made.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        

        X

         

        PROPRIETARY
          INTEREST

        

        10.1  
            Inventions. All
          inventions, improvements, ideas and disclosures (whether or not patentable)
          conceived or reduced to practice (actually or constructively) by Executive
          during the Term of this Agreement which are directly or indirectly related
          to
          Employer's business shall be the property of Employer. Executive shall
          execute
          and deliver to Employer, at Employer's expense, all instruments of assignment
          necessary to vest title to such intangible rights in Employer, and, if
          requested, to execute all applications for issuance of Letters Patent in
          the
          United States or abroad and assignments thereof.

        

        10.2   
            Specific
          Exclusion. Specifically
          excluded from this Article XI are any inventions which qualify fully under
          California Labor Code §2870, which provides as follows:

        

        (a)      
           Any
          provision in an employment agreement which provides that an employee shall
          assign, or offer to assign, any of his or her rights in an invention to
          his or
          her employer shall not apply to an invention that the employee developed
          entirely on his or her own time without using the employer's equipment,
          supplies, facilities, or trade secret information except for those inventions
          that either:

        

        (1)  Related
          at the time of conception or reduction to practice of the invention to
          the
          employer's business, or actual or demonstrably anticipated research or
          development of the employer; or

        

        (2)  Result
          from any work performed by the employee for the employer.

        

        (b)      
           To the extent a provision in an employment agreement purports to require
          an employee to assign an invention otherwise excluded from being required
          to be
          assigned under subdivision (a), the provision is against the public policy
          of
          this state and is unenforceable.

        

        XI

         

        REPRESENTATIONS
          AND WARRANTIES OF EXECUTIVE

        

        Executive
          hereby represents and warrants to Employer the following as of and on the
          day
          this Agreement is executed:

        

        (a)  
            The
          execution, delivery, and consummation of this Agreement will comply with
          all
          applicable law and will not:

        

        (i)  Violate
          any judgment, order, writ or decree of any court or administrative body
          applicable to Executive;

        

        (ii)  Result
          in
          the breach of, constitute a default under, constitute an event which with
          notice
          or lapse of time, or both, would become a default under, or result in the
          creation of any right to proceed against Employer under any agreement,
          commitment, contract (written or oral) or other instrument to which Executive
          is
          a party.

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        (b)  
            Executive
          is not subject to any non-compete, non-disclosure or similar agreement
          (whether
          oral or written) with any third party.

        

        XII

         

        EXTENT
          OF RELATIONSHIP

         

        
          
            	
                    EXECUTIVE
                      HEREBY ACKNOWLEDGES THAT THIS AGREEMENT (AND ALL OTHER REFERENCES
                      HEREIN)
                      THE SOLE AGREEMENT BETWEEN EMPLOYER AND EXECUTIVE REGARDING
                      THE EXTENT OF
                      THE EMPLOYMENT RELATIONSHIP BETWEEN EMPLOYER AND EXECUTIVE.
                      THERE IS NO
                      OTHER AGREEMENT, EXPRESS OR IMPLIED, BETWEEN EMPLOYER AND EXECUTIVE
                      FOR
                      EMPLOYMENT BEYOND THE TERM SPECIFIED HEREIN OR UNDER ANY CONDITIONS
                      OTHER
                      THAN THOSE STATED HEREIN. EMPLOYER AND EXECUTIVE BOTH HAVE
                      THE RIGHT TO
                      TERMINATE THIS AGREEMENT ONLY IN STRICT COMPLIANCE WITH
                      THE TERMS AND CONDITIONS OF THIS AGREEMENT.

                  
	
                    _______________

                    Employer Initials

                  	
                     

                  

          

        

         

        

        XIII

        

        NOTICES
          

        

        All
          notices, requests, demands and other communications required or permitted
          to be
          given hereunder shall be effected pursuant to Section 14.13, below, as
          follows:

         

        

        
          	
                  If
                    to Employer:

                  Mr.
                    David Parker

                  OXFORD
                    MEDIA, INC.

                  One
                    Technology Drive, Building H

                  Irvine,
                    California, 92618

                	
                  With
                    a copy to:

                  Keith
                    A. Rosenbaum, Esq.

                  SPECTRUM
                    LAW GROUP, LLP

                  1900
                    Main Street, Suite 125

                  Irvine,
                    California 92614

                

        

         

        If
          to
          Executive:

        Mr.
          J.
          Richard Shafer

        One
          Technology Drive, Building H

        Irvine,
          California, 92618

         

        /
          / / / /

        /
          / / / /

        /
          / / / /

         

         

        
          
             

          

          
             

            
              

            

          

          
             

          

        

        
 

        XIV

         

        ADDITIONAL
          PROVISIONS

        

        14.1  
            Executed
          Counterparts. This
          Agreement may be executed in any number of original, fax, electronic, or
          copied
          counterparts, and all counterparts shall be considered together as one
          agreement. A faxed, electronic, or copied counterpart shall have the same
          force
          and effect as an original
          signed counterpart. Each of the Parties hereby expressly forever waives
          any and
          all rights to
          raise
          the use of a fax machine or E-Mail to deliver a signature, or the fact
          that any
          signature or agreement or instrument was transmitted or communicated through
          the
          use of a fax machine or E-Mail, as a defense to the formation of a
          contract.

        

        14.2  
            Successors
          and Assigns. Except
          as
          expressly provided in this Agreement, each and all of the covenants, terms,
          provisions, conditions and agreements herein contained shall be binding
          upon and
          shall inure to the benefit of the successors and assigns of the Parties
          hereto.

        

        14.3  
            Article
          and Section Headings. The
          article and section headings used in this Agreement are inserted for convenience
          and identification only and are not to be used in any manner to interpret
          this
          Agreement.

        

        14.4  
            Severability. Each
          and
          every provision of this Agreement is severable and independent of any other
          term
          or provision of this Agreement. If any term or provision hereof is held
          void or
          invalid for any reason by a court of competent jurisdiction, such invalidity
          shall not affect the remainder of this Agreement.

        

        14.5  
            Governing
          Law. This
          Agreement shall be governed by the laws of the State of California, without
          giving effect to any choice or conflict of law provision or rule (whether
          of the
          State of California or any other jurisdiction) that would cause the application
          of the laws of any jurisdiction other than the State of California. If
          any court
          action is necessary to enforce the terms and conditions of this Agreement,
          the
          Parties hereby agree that the Superior Court of California, County of Orange,
          shall be the sole jurisdiction and venue for the bringing of such
          action.

        

        14.6  
            Entire
          Agreement. This
          Agreement, and all references, documents, or instruments referred
          to herein, contains the entire agreement and understanding of the Parties
          hereto
          in respect to
          the
          subject matter contained herein. The Parties have expressly not relied
          upon any
          promises, representations, warranties, agreements, covenants, or undertakings,
          other than those expressly set forth or referred to herein. This Agreement
          supersedes any and all prior written or oral agreements, understandings,
          and
          negotiations between the Parties with respect to the subject matter contained
          herein.

        

        14.7  
            Additional
          Documentation. The
          Parties hereto agree to execute, acknowledge and cause to be filed and
          recorded,
          if necessary, any and all documents, amendments, notices and certificates
          which
          may be necessary or convenient under the laws of the State of
          California.

        

        14.8   
           Attorney's
          Fees. If
          any
          legal action (including arbitration) is necessary to enforce the terms
          and
          conditions of this Agreement, the prevailing Party shall be entitled to
          costs
          and reasonable
          attorney's fees.

         

         

        
          
             

          

          
             

            
              

            

          

          
             

          

        

        
 

        14.9  
            Amendment. This
          Agreement may be amended or modified only by a writing signed by all
          Parties.

        

        14.10   Remedies.

        

        14.10.1.
           Specific
          Performance. The
          Parties hereby declare that it is impossible to measure in money the damages
          which will result from a failure to perform any of the obligations under
          this
          Agreement. Therefore, each Party waives the claim or defense that an adequate
          remedy at law exists in any action or proceeding brought to enforce the
          provisions hereof.

        

        14.10.2.
           Cumulative. The
          remedies of the Parties under this Agreement are cumulative and shall not
          exclude any other remedies to which any person may be lawfully
          entitled.

        

        14.11 
            Waiver. No
          failure by any Party to insist on the strict performance of any covenant,
          duty,
          agreement, or condition of this Agreement or to exercise any right or remedy
          on
          a breach shall constitute a waiver of any such breach or of any other covenant,
          duty, agreement, or condition.

        

        14.12  
           Assignability. This
          Agreement is not assignable by either Party without the expressed written
          consent of all Parties.

        

        14.13 
            Notices. All
          notices, requests and demands hereunder shall be in writing and delivered
          by
          hand, by facsimile transmission, by mail, by telegram or by recognized
          commercial over-night delivery service (such as Federal Express, UPS or
          DHL),
          and shall be deemed given (a) if by hand delivery, upon such delivery;
          (b) if by
          facsimile transmission, upon telephone confirmation of receipt of same;
          (c) if
          by mail, forty-eight (48) hours after deposit in the United States mail,
          first
          class, registered or certified mail, postage prepaid; (d) if by telegram,
          upon
          telephone confirmation of receipt of same; or, (e) if by recognized commercial
          over-night delivery service, upon such delivery.

        

        14.14  
           Time. All
          Parties agree that time is of the essence as to this Agreement.

        

        14.15  
           Disputes. The
          Parties agree to cooperate and meet in order to resolve any disputes or
          controversies arising under this Agreement. Should they be unable to do
          so, then
          either may elect arbitration under the rules of the American Arbitration
          Association, and both Parties are obligated to proceed thereunder, to resolve
          all disputes, other than those arising under Section 6.8, above.
          Arbitration
          shall proceed in Orange County, and the Parties agree to be bound by the
          arbitrator's award, which may be filed in the Superior Court of California,
          County of Orange. The Parties consent to the jurisdiction of California
          Courts
          for enforcement of this determination by arbitration. The prevailing Party
          shall
          be entitled to reimbursement for his attorney's fees and all costs associated
          with arbitration. In any arbitration proceeding conducted pursuant to the
          provisions of this Section, both Parties shall have the right to conduct
          discovery, to call witnesses and to cross-examine the opposing Party's
          witnesses, either through legal counsel, expert witnesses or both, and
          the
          provisions of the California Code of Civil Procedure (Right to Discovery;
          Procedure and Enforcement) are hereby incorporated into this Agreement
          by this
          reference and made a part hereof.

         

         

        
 

        
          
             

          

          
             

            
              

            

          

          
             

          

        

        
 

        14.16
            Provision
          Not Construed Against Party Drafting Agreement. This
          Agreement is the result of negotiations by and between the Parties, and
          each
          Party has had the opportunity to be represented by independent legal counsel
          of
          its choice. This Agreement is the product of the work and efforts of all
          Parties, and shall be deemed to have been drafted by all Parties. In the
          event
of
          a
          dispute, no Party hereto shall be entitled to claim that any provision
          should be
          construed against
          any
          other Party by reason of the fact that it was drafted by one particular
          Party.

        

        14.17
            Incorporation
          of Exhibits and Schedules. The
          Exhibits and Schedules identified in this Agreement are incorporated herein
          by
          reference and made a part hereof as if set out in full herein.

        

        14.18
            Recitals. The
          facts
          recited in Article II, above, are hereby conclusively presumed to be true
          as
          between and affecting the Parties.

        

        14.19 
           Consents,
          Approvals, and Discretion. Except
          as
          herein expressly provided to the contrary, whenever this Agreement requires
          consent or approval to be given by a Party, or a Party must or may exercise
          discretion, the Parties agree that such consent or approval shall not be
          unreasonably withheld, conditioned, or delayed, and such discretion shall
          be
          reasonably exercised. Except as otherwise provided herein, if no response
          to a
          consent or request for approval is provided within ten (10) days from the
          receipt of the request, then the consent or approval shall be presumed
          to have
          been given.

        

        14.20
            No
          Third Party Beneficiaries. This
          Agreement has been entered into solely by and between Employer and Executive,
          solely for their benefit. There is no intent by either Party to create
          or
          establish a third party beneficiary to this Agreement, and no such third
          party
          shall have any right to enforce any right, claim, or cause of action created
          or
          established under this Agreement.

        

        14.21
            Best
          Efforts. The
          Parties shall use and exercise their best efforts, taking all reasonable,
          ordinary and necessary measures to ensure an orderly and smooth relationship
          under this Agreement, and further agree to work together and negotiate
          in good
          faith to resolve any differences or problems which may arise in the
          future.

        

        14.22
            Definitional
          Provisions. For
          purposes of this Agreement, (i) those words, names, or terms which are
          specifically defined herein shall have the meaning specifically ascribed
          to
          them; (ii) wherever° from the context it appears appropriate, each term stated
          either in the singular or plural shall include the singular and plural;
          (iii)
          wherever from the context it appears appropriate, the masculine, feminine,
          or
          neuter gender, shall each include the others; (iv) the words "hereof',
          "herein",
          "hereunder", and words of similar import, when used in this Agreement,
          shall
          refer to this Agreement as a whole, and not to any particular provision
          of this
          Agreement; (v) all references to designated "Articles", "Sections", and
          to other
          subdivisions are to the designated Articles, Sections, and other subdivisions
          of
          this Agreement as originally executed; (vi) all references to "Dollars"
          or "$"
          shall be construed as being United States dollars; (vii) the term "including"
          is
          not limiting and means "including without limitation"; and, (viii) all
          references to all statutes, statutory provisions, regulations, or similar
          administrative provisions shall be construed as a reference to such statute,
          statutory provision, regulation, or similar administrative provision as
          in force
          at the date of this Agreement and as may be subsequently amended.

         

         

         

        
          
             

          

          
             

            
              

            

          

          
             

          

        

        

         

        14.23 
           Survival.  Notwithstanding
          anything herein to the contrary, the provisions of Section 5.6 and Articles
          VI,
          VII, VIII, and IX, inclusive, shall expressly survive the termination of
          this
          Agreement.

         

        XV

         

        EXECUTION

        

        IN
          WITNESS WHEREOF, this
          EXECUTIVE EMPLOYMENT AGREEMENT has been duly executed by the Parties in
          Orange
          County, California, and shall be effective as of and on the Effective Date
          set
          forth in Article I of this Agreement. Each of the undersigned Parties hereby
          represents and warrants that it (i) has the requisite power and authority
          to
          enter into and carry out the terms and conditions of this Agreement, as
          well as
          all transactions contemplated hereunder; and, (ii) it is duly authorized
          and
          empowered to execute and deliver this Agreement.

        

         

        

          
            	
                    EMPLOYER:

                  	
                    EXECUTIVE:

                  
	 	 
	
                    OXFORD
                      MEDIA, INC., a California

                    corporation

                  	 
	
                     

                    BY:         
                      

                     

                  	 
	
                    NAME                
                      J  '3``t  
                       `°

                    TITLE:        
                      C
                      C - 0       
                            

                     

                    DATED:                                
                      

                  	 

          

        

        
 

         

         

         

         

         

         

         

         

        
          
             

          

          
             

            
              

            

          

          
             

          

        

        
           

           
EXHIBIT
          3.1

         

        SERVICES

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        
 

        
          
             

          

          
             

            
              

            

          

          
             

          

        

         

         

        EXHIBIT
          4.1

         

        BASE
          ANNUAL SALARY

         

        First
          Twelve Months                $320,000.00
          annually

         

        Thereafter,
          no less than $320,000 and increased in accordance with performance based
          incentives to be determined by Employer.

         

         

        

         

        

        

      

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
        

        
          
             

          

          
             

            
              

            

          

          
             

          

        

        
           

           

          
 
EXHIBIT
          5.4

         

        INDEMNIFICATION
          AGREEMENTExhibit 10.3

    
      

      

    

     

    

    AGREEMENT

      
        

      

    

     

    THIS
      AGREEMENT (the
      "Agreement") is entered into effective as of the 30"'
      day of
      March, 2005 (the "Effective Date") by and between OXFORD MEDIA, INC., a Nevada
      corporation _______  ______________  ,
      a
      _______________ ("OXMI");
      and, J. RICHARD SHAFER,
      an individual residing in the State of California ("Shafer). OXMI and Shafer
      are
      sometimes referred to collectively herein as the "Parties", and each
      individually as a “Party”.

    

    1.     
      RECITALS:

     

    WHEREAS,
      Shafer
      is
      an employee of OXMI, having recently entered into an Executive Employment
      Agreement dated 20 March 2006 (the "Employment Agreement").

    

    WHEREAS,
      the
      Parties recognize and acknowledge that the execution of this Agreement
      is
      an
      integral element of Shafer's continued employment with OXMI.

     

    WHEREAS,
      as
      additional consideration for entering into the Employment Agreement,
      which the
      Parties would not have entered into if the Parties were unwilling to execute
      this Agreement, the
      Parties
      have agreed to execute this Agreement.

     

    WHEREAS,
      the
      Parties recognize that upon execution this Agreement will represent a legally
      enforceable contract by and between the Parties.

     

    NOW, THEREFORE,
      in
      consideration of the promises and the mutual covenants contained
      herein,
      and for other good and valuable consideration, the receipt and sufficiency
      of
      which are hereby acknowledged, the Parties, intending to be legally bound,
      hereby agree as follows:

    

    2.     
      CONVERTIBLE
      NOTE:
      In
      regard to that certain convertible note (the "Convertible Note") of OXMI in
      favor of Shafer dated 30 September 24004 in the original principal
      amount of Four Hundred Twenty Thousand Dollars ($420,000), the Parties hereby
      agree
      as
      follows:

     

    (a)  OXMI
      will
      pay to Shafer, as soon as practicable after 31 March 2006, the sum of Sixteen
      Thousand Eight Hundred Dollars ($16,800) as the final interest payment on the
      Convertible Note through 31 March 2006.

     

    (b)  Shafer
      will exercise the conversion right under the Convertible Note for the entire
      amount of the Convertible Note at the same time at which OXMI closes on a
      financing round of at least Five Million Dollars ($5,000,000).

     

    (c)  The
      conversion under subparagraph (b), above, shall be effected at a price of $2.00
      per share.

     

    3.      
      SHARES
      UNDER DISCRETIONARY CONTROL:
      In
      regard to that certain
      block of
100,000shares
      of
      OXMI common stock (the "OXMI Shares") under the discretionary control of Shafer,
      the Parties agree that as soon as practicable, OXMI shall amend its books and
      records and issue share certificate for the OXMI Shares as follows:

     

    

    
      	
               

              Initials

            	
               

            

    

    

    
       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
 

    

    (a)  35,000
      shares to J Serra High School;

    

    (b)  35,000
      shares to St Mary's School; and

    

    (c)  30,000
      shares to The Shafer Family Trust.

    

    3.     
      BONUS
      STRUTURE: The
      Parties agree to negotiate in good faith and to endeavor to put in place a
      bonus
      structure for Shafer within 60-days of the Effective Date.

    

    4.     
      ADDITIONAL PROVISIONS:

    

    a.  Except
      as
      expressly provided in this Agreement, each and all of the covenants,
terms,
      provisions, conditions and agreements herein contained shall be binding upon
      and
      shall inure
      to the
      benefit of the successors and assigns of the Parties hereto.

    

    b.  The
      Parties hereto agree to execute, if necessary, any and all documents,
      amendments, notices and certificates which may be necessary or convenient to
      further their intent hereunder.

    

    c.  This
      Agreement may be amended or modified only by a writing signed by all
      Parties.

    

    d.  The
      Parties shall use and exercise their best efforts, taking all reasonable,
ordinary
      and necessary measures to ensure an orderly and smooth relationship under this
      Agreement, and
      further agree to work together and negotiate in good faith to resolve any
      differences or problems
      which
      may arise in the future.

    

    e.  This
      Agreement shall be governed by the laws of the State of Tennessee, without
      giving effect to any choice or conflict of law provision or rule (whether of
      the
      State of Tennessee or any other jurisdiction) that would cause the application
      of the laws of any jurisdiction other than the State of Tennessee.

    

    5.    
       EXECUTION:
      This
      Agreement may be executed in any number of original, fax, electronic, or copied
      counterparts, and all counterparts shall be considered together as one
      agreement. A faxed, electronic, or copied counterpart shall have the same force
      and effect as an original
      signed counterpart. Each of the Parties hereby expressly forever waives any
      and
      all rights to
      raise
      the use of a fax machine or E-Mail to deliver a signature, or the fact that
      any
      signature or agreement or instrument was transmitted or communicated through
      the
      use of a fax machine or E-Mail, as a defense to the formation of a
      contract.

     

     

     

    
      	
               

              Initials

            	
               

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    IN
      WITNESS WHEREOF, this
      AGREEMENT has been duly executed by the Parties in Irvine,
      California, and shall be effective as of and on the Effective Date set forth
      above. Each of the undersigned
      Parties hereby represents and warrants that it (i) has the requisite power
      and authority
      to
      enter
      into and carry out the terms and conditions of this Agreement, as well as all
      transactions contemplated
      hereunder; and, (ii) it is duly authorized and empowered to execute and deliver
      this
      Agreement.

     

    
      
        	OXMI:	
                SHAFER:

              
	 	 
	
                OXFORD
                  MEDIA, INC.,

                a
                  Nevada corporation

              	 
	 	 
	 DATED : 3-30-06	 

      

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
        	
                ________________

                Initials

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