Document:

Exhibit 10.2 - Employment Agreement - Jacquelin Dery

EMPLOYMENT AGREEMENT entered into on February 12, 2002, in the City of Montreal,
province of Quebec.

BETWEEN:   JACQUELIN DERY, domiciled and residing at 663 McEachran Avenue,
Outremont, Quebec, H2V3C6;

        (hereinafter referred to as the "Employee")

AND:    EXPERTS CONSEILS DERMOND INC., a corporation duly incorporated under the
Canada Business Corporations Act, having its registered office at 663 McEachran
Avenue, Outremont, Quebec, H2V 3C6, represented herein by Gary L. Westerholm,
director, duly authorized as he so declares;

        (hereinafter referred to as "Dermond")

WHEREAS as of the date hereof, the Employee sold all of his shares in the share
capital of Dermond to McKenzie Bay International Ltd. ("MKBY");

WHEREAS Dermond wishes to retain the Employee;

WHEREAS the Employee and Dermond are desirous of entering into an agreement for
the Employee's employment, all subject to the terms and conditions set forth in
this Agreement;

NOW IT IS HEREBY AGREED:

1.      INTERPRETATION

1.1     Definitions

In this Agreement, the following words and expressions have the respective
meanings ascribed to them below:

        (a)     "Affiliate" with respect to a Person means a Person that
                controls, is controlled by or under common control with such
                Person.  For purposes of this definition, "control" when used
                with respect to any Person means the power to direct the
                management and policies of such Person, directly or indirectly,
                whether through the ownership of voting securities, by contract
                or otherwise, and the terms "controlling" and "controlled" have
                meaning collative to the foregoing;

        (b)     "Agreement" means this employment agreement;

        (c)     "Board of Directors" means the board of directors of Dermond;

        (d)     "Business" means the fabrication, sale or lease of the Dermond
                Wind Generator and related technology;

        (e)     "Cause" shall include, but not be limited to the following, as a
                basis for termination of employment, (i) wilful misconduct
                involving bad faith by the Employee in respect of his
                obligations under this Agreement, which misconduct causes or is
                intended by the Employee to cause significant injury to Dermond,
                (ii) gross malfeasance, (iii) conduct by Employee which
                constitutes a breach of the Employee's fiduciary duty or (iv)
                repeated refusal by the Employee to perform reasonable and
                lawful job assignments which are not materially inconsistent
                with his duties and responsibilities under this Agreement and
                such failure continues for a period of ten (10) days after
                Dermond has given the Employee written notice of such failure
                and requested the Employee to remedy such failure.

        (f)     "Commencement Date" means February12, 2002;

        (g)     "Disability" shall mean, with respect to the Employee, being
                physically or mentally disabled, whether totally or partially,
                so that he is substantially unable to perform his duties under
                this Agreement for a longer period than twelve (12) consecutive
                months, or if he shall be disabled at different times for more
                than twelve (12) months (whether working days or not) in any one
                period of eighteen (18) consecutive months;

        (h)     "Discoveries and Works" includes by way of example but without
                limitation, intellectual property, trade secrets and other
                confidential information, patents and patent applications,
                trademarks and trademark registrations and applications, service
                marks and service mark registrations and applications, trade
                names, copyrights and copyright registrations and applications;

        (i)     "Employment Year" means the period beginning on February12, 2002
                and ending on February11, 2003, and each consecutive twelve-
                month period;

        (j)     "Parties" means Dermond and the Employee and "Party" means one
                or the other as the case may be;

        (k)     "Person" means any individual, corporation, proprietorship,
                firm, partnership, limited partnership, limited liability
                company, trust, association or other entity;

        (l)     "Restriction Period" means the period of time covering the Term
                plus a period equivalent to eighteen (18) months following
                Employee's Termination Date;

        (m)     "Subsidiary" means a corporation controlled by Dermond, or by
                another subsidiary of Dermond;

        (n)     "Term", "Initial Term", and "Additional Term" shall have the
                meaning set forth in Section 4;

        (o)     "Termination Date" means the effective date of the Employee's
                termination of employment with Dermond, regardless of the
                reason;

        (p)     "Territory" means the world.

2.      EMPLOYMENT

Dermond hereby employs the Employee as President of Dermond as well as to:

        (a)     provide technical expertise in furthering the development of the
                Dermond Wind Generator;

        (b)     provide technical expertise in developing off-grid power system
                technology; and

        (c)     provide technical expertise to potential and actual customers,
                vendors and partners of Dermond and its Affiliates and
                Subsidiaries, as well as other duties Dermond may from time to
                time request, without additional compensation. The Employee
                hereby accepts employment from Dermond to perform the duties
                described above upon the terms and conditions set forth in this
                Agreement.

3.      DUTIES AND RESPONSIBILITIES

3.1     During the Term of this Agreement, the Employee shall devote his full
        time and efforts to the performance of his duties and responsibilities
        under this Agreement and to the business and affairs of Dermond, its
        Subsidiaries and Affiliates, in general, and the Employee shall use his
        best efforts to promote the interests thereof and shall faithfully and
        to the best of his ability serve as the President of Dermond.

3.2     It is expressly understood and agreed that the Employee shall not engage
        in any other business or business opportunity, whether or not such
        business activity is pursued for gain, profit or other pecuniary
        advantage, provided however that:

        (a)     the Employee may engage in personal, charitable, professional
                and investment activities to the extent such activities do not
                conflict or interfere with the Employee's duties and obligations
                under this Agreement or Employee's ability to perform his duties
                and responsibilities under this Agreement; and

        (b)     the Employee shall not be prevented from investing his assets in
                such form or manner as will not require any substantial amount
                of time or services on the part of the Employee in the operation
                of the affairs of the enterprises in which such investments are
                made.

3.3     The Employee shall be subject to the direction of, and report only to,
        the Board of Directors.

3.4     The Employee shall also perform duties commensurate with his position
        and such specific duties and services as the Board of Directors shall
        reasonably request consistent with the Employee's position.

3.5     It is contemplated that the Employee will be obliged from time to time
        and for reasonable period of time to travel in the performance of his
        duties and obligations under this Agreement. However, the principal
        place of employment of the Employee which the Employee shall report for
        work will be at the Montreal, QuEbec office of Dermond.

4.      TERM

        Unless sooner terminated as provided for in this Agreement, the terms of
        the Employee's employment shall commence on February12, 2002 and shall
        continue for five (5) year(s) (the "Initial Term"), provided, however,
        that the Initial Term of the Employee's employment under this Agreement
        shall automatically be extended for additional periods of twelve (12)
        months each (an "Additional Term") unless and until either Dermond or
        the Employee shall have given the other notice, not less than three (3)
        months prior to the expiration of the Initial Term or any subsequent
        Additional Term, of the termination by the notifying party of the
        Employee's employment effective as of the next succeeding anniversary
        date of the expiration of the Initial Term or Additional Term (the
        Initial Term and any Additional Term(s) are collectively referred to as
        the "Term" in this Agreement).

5.      COMPENSATION

        During the Term of this Agreement, Dermond shall pay to the Employee an
        annual base salary of sixty-five thousand Canadian dollars ($65,000
        CDN). Such salary shall be paid to the Employee in monthly instalments
        of $5,416.67 CDN (less applicable taxes and other deductions at source),
        on the first business day of each month. However, upon the completion of
        the first sale of a Dermond Wind Generator by MKBY, Dermond or any of
        its Subsidiaries, the Employee's salary will increase to eighty-five
        thousand Canadian dollars ($85,000 CDN) per year, paid in monthly
        instalments, less any applicable taxes or deductions at source. The
        compensation committee of the Board of Directors shall review the annual
        base salary of the Employee each year and as a result of such review
        shall increase the annual base salary, effective as of the commencement
        of each successive Employment Year, to such greater amount as the Board
        of Directors may deem reasonable in the light of the then business and
        financial affairs of Dermond and such other factors as in the then
        circumstances of Dermond may be appropriate.

6.      EXPENSES

        Dermond shall reimburse the Employee for all necessary and reasonable
        expenses incurred by him in the performance of his duties under this
        Agreement. The Employee shall, on being so required, provide Dermond
        with vouchers or other evidence of actual payment of the said expenses
        in a form satisfactory to Dermond.

7.      BENEFITS

7.1     Employee Plans

        During the Term of this Agreement, the Employee shall participate in all
        employee benefit and insurance plans or programs established by Dermond
        in its full discretion and from which he is not excluded from
        participating by reason of the terms and conditions in the respective
        plans or programs.

7.2     Vacation

        The Employee shall be entitled to four (4) weeks paid vacation in each
        Employment Year to be taken at such times as may be appropriate having
        regard to the requirements of Dermond's business. The Employee shall not
        be entitled to carry forward from one year to another untaken vacation
        time unless expressly agreed between Dermond and the Employee.

8.      RETURN OF DOCUMENTS AND PROPERTY

        Upon the termination of Employee's employment with Dermond, or at
        anytime upon the request of Dermond, Employee (or his heirs or personal
        representatives) shall deliver to Dermond (a) all documents and
        materials (including without limitation, computer files) containing
        trade secrets or other confidential information relating to the business
        and affairs of Dermond, and (b) all documents, materials and other
        property (including, without limitation, computer files) belonging to
        Dermond, which in either case are in the possession or under the control
        of Employee (or his heirs or personal representatives).

9.      DISCOVERIES AND WORKS

        All Discoveries and Works made or conceived by Employee during his
        employment by Dermond, jointly or with others, that relate to the
        present or anticipated activities of Dermond, or are used or usable by
        Dermond shall be owned by Dermond. Employee shall (a) promptly notify,
        make full disclosure to, and execute and deliver any documents requested
        by Dermond to evidence or better assure title to Discoveries and Works
        in Dermond, as so requested, (b) renounce any and all claims, including
        but not limited to claims of ownership and royalty, with respect to all
        Discoveries and Works and all other property owned or licensed by
        Dermond, (c) assist Dermond in obtaining or maintaining for itself at
        its own expense Canadian and foreign patents, copyrights, trade secret
        protection or other protection of any and all Discoveries and Works, and
        (d) promptly execute, whether during his employment with Dermond or
        thereafter, all applications or other endorsements necessary or
        appropriate to maintain patents and other rights for Dermond and to
        protect the title of Dermond thereto, including but not limited to
        assignments of such patents and other rights. Any Discoveries and Works
        which, within six (6) months after the Termination Date, are made,
        disclosed, reduced to a tangible or written form or description, or are
        reduced to practice by Employee and which pertain to the business
        carried on or products or services being sold or developed by Dermond at
        the time of such termination shall, as between Employee and Dermond be
        presumed to have been made during Employee's employment by Dermond.

10.     DEATH

        The Employee's employment under this Agreement shall terminate upon his
        death. In the event of the termination of the Employee's employment as a
        result of his death, Dermond shall promptly pay to any one or more
        beneficiaries designated by the Employee pursuant to a notice to Dermond
        or, failing such designation, to the Employee's estate, the annual base
        salary provided for in this Agreement through the conclusion of the
        month in which such termination occurs.

11.     DISABILITY

        The Employee's employment under this Agreement may be terminated as a
        result of Disability at the option of Dermond by notice to the Employee,
        such termination to be effective upon the receipt by the Employee of
        such notice. In the event of the termination of the Employee's
        employment as a result of Disability, Dermond shall pay the Employee two
        (2) times his full annual base salary less any credit for sick pay or
        other benefits received by the Employee deriving from any private
        medical insurance or other similar arrangements entered into by Dermond.

12.     TERMINATION FOR CAUSE BY DERMOND

        The Employee's employment under this Agreement may be terminated by
        Dermond for Cause. In the event that the Employee's employment under
        this Agreement shall validly be terminated by Dermond for Cause pursuant
        to this Section 12, Dermond shall promptly pay accrued but unpaid salary
        and reimburse or pay any other accrued but unpaid amounts due under this
        Agreement as of the date of termination, and thereafter Dermond shall
        have no further obligations under this Agreement.

13.     TERMINATION WITHOUT CAUSE

        Dermond may terminate the Employee's employment at any time or any
        reason other than those specified in Sections 10, 11 and 12 hereof or
        for no reason whatsoever, by paying the Employee, in lieu of applicable
        notice, the amount equivalent to his salary for the remaining months of
        the Term, on a prorated basis, which is to be no less than a minimum of
        three (3) months of salary and no more than a maximum of twenty-four
        (24) months salary, in effect at the time of Employee's termination, to
        be paid within forty-five (45) days after the Termination Date.

14.     CONFLICT OF INTEREST

        During the Term of this Agreement, the Employee shall not, either
        directly or in conjunction with any person, firm, association,
        syndicate, company or corporation as principal, agent, shareholder, or
        in any other manner whatsoever, carry on or be engaged in, or advise,
        lend money to, guarantee the debts or obligations of, or permit his name
        or any part of it to be used or employed by any person, firm,
        association, syndicate, company or corporation engaged in any business
        in competition with the business then carried on by Dermond or a
        Subsidiary, provided that the holding of not more than two per cent (2%)
        of the issued shares of a public company listed on any recognized stock
        exchange in Canada or traded in the Canadian over-the-counter market,
        shall not be deemed a breach of this covenant.

15.     CONFIDENTIALITY

        During the Term of this Agreement and for a period of two (2) years
        thereafter, the Employee shall keep secret and retain in strictest
        confidence, and shall not use for his benefit or for the benefit or
        others, directly or indirectly, any and all confidential information
        relating to Dermond and its Subsidiaries of which the Employee shall
        obtain knowledge by reason of his employment under this Agreement,
        including, without limitation, trade and business secrets or any other
        non-public or proprietary information concerning the business, customer
        lists, financial plans or projections, pricing policies, marketing plans
        or strategies, business acquisition or divestiture plans, new personnel
        acquisition plans, technical processes, inventions and other research
        projects, and except in connection with the performance of his duties
        under this Agreement, he shall not disclose any such information to
        anyone outside Dermond and any of its Subsidiaries, except as required
        by law (provided prior written notice is given by the Employee to
        Dermond) or except with the prior written consent of Dermond, unless
        such information is known generally to the public or the trade through
        sources other than the unauthorized disclosure by the Employee.

16.     NON-COMPETITION AND NON-SOLICITATION

16.1    The Employee acknowledges and understands that (i) he is entering into
        this Agreement and specifically agreeing to the provisions of this
        Section16 contemporaneously with a transaction in which the Employee's
        shares in Dermond, and one of the material assets represented in the
        value of said share purchase, was the goodwill of Dermond, (ii) he has
        access to Dermond's clients, channels for developing clients and
        recruiting executives for employment, and other confidential information
        of Dermond, (iii) he has direct substantial responsibility to maintain
        Dermond's business relationship with clients of Dermond whose affairs he
        handles, (iv) the non-competition and non-solicitation provisions set
        forth in this Section16 constitute a material part of the consideration
        received by Dermond under this Agreement, (v) due to the specific nature
        and limited market for Dermond's activities, the definition of Territory
        as set forth in subsection 1.1p) hereof is reasonable and justified,
        (vi) it would be unfair to Dermond if the Employee were to appropriate
        for himself or for others the benefits of Dermond's many years of
        developing such business relationships, especially when the Employee
        enjoys a relationship with clients of Dermond as a result of his being
        introduced to the client's personnel as the representative of Dermond,
        (vii) it would be unfair to Dermond if the Employee were to appropriate
        for himself or for others the benefits of the business, personnel and
        other confidential information which Dermond has developed in the
        conduct of its business, and (viii) it is therefore fair that reasonable
        restrictions as set forth below should be placed on certain activities
        of the Employee after his employment with Dermond terminates.

16.2    The Employee shall not, without the prior written consent of Dermond, at
        any time during the Restriction Period, either individually or in
        partnership or jointly or in connection with each other or any Person,
        as principal, agent, consultant, lender, contractor, employer, employee,
        investor or shareholder, or in any other manner, directly or indirectly,
        anywhere within the Territory:

        (a)     advise, manage, carry on, establish, acquire control of, work
                for, perform, render, or engage in, any business or service or
                activity that is similar to or competitive with the Business or
                any portion of the Business; or

        (b)     invest in or lend money to, or guarantee the debts or
                obligations of, any business or service or activity, or any
                Person engaged in any business or service or activity, that is
                similar to or competitive with the Business or any portion of
                the Business; or

        (c)     permit the Employee's name or any part thereof to be used or
                employed by any Person that operates, is engaged in or has an
                interest in any business or service or activity that is similar
                to or competitive with the Business or any portion of the
                Business. Without limiting the effect of the foregoing,
                competing with or competitive with the Business, includes
                without limitation, directly or indirectly, engaging in or
                permitting the solicitation or sale of any products or services
                of the type included within the meaning of term Business as of
                the termination of the Employee's employment with Dermond.

16.3    The Employee shall not during the Restriction Period, without the
        written consent of Dermond, directly or indirectly (as owner, principal,
        agent, partner, officer, employee, independent contractor, consultant,
        stockholder, or otherwise), (i) solicit any Client (as this term is
        defined below) for a purpose or objective of providing to such Client,
        or obtaining an engagement from such Client to provide, any services,
        businesses or activities included within the term or (ii) solicit for
        employment or otherwise induce any employee employed by Dermond or any
        of its Affiliates at the date of termination of the Employee's
        employment with Dermond to leave such employ or offer to employ or
        employ such employee.  The term "Client" shall mean one or more of the
        following:

        (a)     any current or former client or customer of Dermond or its
                Affiliates;

        (b)     any current client or current customer of Dermond or its
                Affiliates if at any time since the Commencement Date the
                Employee had contact with such client or customer, or personally
                solicited such client or customer, or rendered services to such
                client or customer, or otherwise developed any relationship with
                such client or customer, or

        (c)     any former client or former customer of Dermond or its
                Affiliates who was, during the thirty-six (36) months preceding
                the Termination Date, a client or customer of Dermond or its
                Affiliates, if at any time since the Commencement Date the
                Employee had contact with such client or customer, or solicited
                such client or customer, or rendered services to such client or
                customer, or otherwise developed any relationship with such
                client or customer.

16.4    Upon the termination of the Employee's employment for whatever reason,
        the Employee shall deliver to Dermond all documents, papers, records,
        accounts of all and any description relating to the affairs of Dermond
        within his possession or under his control, it being the intention of
        the Employee and Dermond that all such notes or memoranda made by the
        Employee during the course of his employment under this Agreement shall
        be the property of Dermond and shall be left at its registered office or
        principal place of business upon the termination of the Employee's
        employment.

17.     WITHHOLDING

        Dermond shall be entitled to withhold from any and all amounts payable
        to the Employee under this Agreement such amounts as from time to time
        be required to be withheld pursuant to applicable tax laws and
        regulations.

18.     GENERAL PROVISIONS

18.1    Further Assurances

        Each of the parties upon the request of any other party, whether before
        or after the date hereof, shall do, execute, acknowledge and deliver or
        cause to be done, executed, acknowledged or delivered all such further
        acts, deeds, documents, assignments, transfers, conveyances, powers of
        attorney and assurances as may be reasonably necessary or desirable to
        effect complete consummation of the transactions contemplated by this
        Agreement.

18.2    Successors in Interest

        This Agreement and the provisions hereof shall enure to the benefit of
        and be binding upon the Parties and their respective successors and
        assigns.

18.3    Notices

        Any notice, direction or other instrument required or permitted to be
        given hereunder shall be in writing and given by delivery or sent by (i)
        registered or certified mail, (ii) reputable overnight courier, (iii)
        personal delivery, (iv) telecopier or similar telecommunication device
        and addressed:

        (a)     in the case of Dermond at:

                Experts Conseils Dermond Inc.
                c/o McKenzie Bay International, Ltd.
                3362 Moraine Drive
                Brighton, Michigan
                U.S.A.  48114

                Attention: Mr. Gary L. Westerholm

                Telecopier: (810) 220-4823

        (b)     in the case of the Employee at:

                Jacquelin Dery
                663 McEachran Street,
                Outremont, Quebec
                H2V 3C6

                Telecopier: (514) 274-4858

                Any notice, direction or other instrument given as aforesaid
                shall be deemed to have been effectively given and received, if
                sent by mail on the fourth (4th) business day following such
                mailing, if sent by telecopier or similar telecommunications
                device on the next business day following such transmission or,
                if delivered, to have been given and received on the date of
                such delivery. Any party may change its address for service by
                written notice given as aforesaid.

18.4    Amendments

        This agreement may not be amended except by written instrument duly
        executed by or on behalf of all parties hereto.

18.5    Language

        The Parties hereby acknowledge that they have requested that this
        Agreement and all related documents be drawn up in the English language.
        Les parties aux presentes reconnaissent qu'elles ont exige que la
        presente convention et tous les documents qui s'y rattachent soient
        rediges en anglais.

18.6    Governing Laws

        This Agreement shall be governed by and construed in accordance with the
        Laws of the Province of Quebec and the Laws of Canada applicable
        therein. The Parties agree to submit to the jurisdiction of the Courts
        of Quebec, District of Montreal.

18.7    Gender

        Any reference in this Agreement to any gender shall include all genders
        and words used herein importing the singular number only shall include
        the plural and vice versa.

18.8    Headings

        The division of this Agreement into articles, sections, subsections and
        other subdivisions and the insertion of headings are for convenience of
        reference only and shall not affect or be utilized in the construction
        or interpretation hereof.

18.9    Severability

        Any article, section, subsection or other subdivision of this Agreement
        or any other provision of this Agreement which is, or becomes, illegal,
        invalid or unenforceable shall be severed herefrom and shall be
        ineffective to the extent of such illegality, invalidity or
        unenforceability and shall not affect or impair the remaining provisions
        hereof, which provisions shall be severed from any illegal, invalid or
        unenforceable article, section, subsection or other subdivision of this
        Agreement or any other provision of this Agreement.

18.10   Waiver

        No waiver of any of the provisions of this Agreement shall be deemed to
        constitute a waiver of any other provision (whether or not similar) nor
        shall such waiver constitute a continuing waiver unless otherwise
        expressly provided in a written document duly executed by the party to
        be bound thereby.

IN WITNESS WHEREOF, this Agreement has been executed as of the day and year
first above written.

                EXPERTS CONSEILS DERMOND INC.

        per: /s/ Gary L. Westerholm, Director

       Witness     /s/    JACQUELIN DERYExhibit 10.3 - Employment Agreement - Laurent Mondou

EMPLOYMENT AGREEMENT entered into on February 12, 2002, in the City of Montreal,
Province of Quebec

BETWEEN:          LAURENT MONDOU, domiciled and residing at:

                           451, Le Royer Street, St.
                           Lambert, Quebec, J4R 1M7;

                  (hereinafter referred to as the "Employee")

AND:    EXPERTS CONSEILS DERMOND INC., a corporation duly incorporated under the
Canada Business Corporations Act, having its registered office at 663 McEachran
Avenue, Outremont, Quebec, H2V 3C6, represented herein by Gary L. Westerholm,
Director, duly authorized as he so declares;

                     (hereinafter referred to as "Dermond")

WHEREAS as of the date hereof, the Employee sold all of his shares in the share
capital of Dermond to McKenzie Bay International Ltd. ("MKBY");

WHEREAS Dermond wishes to retain the Employee;

WHEREAS the Employee and Dermond are desirous of entering into an agreement for
the Employee's employment, all subject to the terms and conditions set forth in
this Agreement;

NOW IT IS HEREBY AGREED:

INTERPRETATION

Definitions

In this Agreement, the following words and expressions have the respective
meanings ascribed to them below:

"Affiliate" with respect to a Person means a Person that controls, is controlled
by or under common control with such Person.  For purposes of this definition,
"control" when used with respect to any Person means the power to direct the
management and policies of such Person, directly or indirectly, whether through
the ownership of voting securities, by contract or otherwise, and the terms
"controlling" and "controlled" have meaning collative to the foregoing;

"Agreement" means this employment agreement;

"Board of Directors" means the board of directors of Dermond;

"Business" means the fabrication, sale or lease of the Dermond Wind Generator
and related technology;

"Cause" shall include, but not be limited to the following, as a basis for
termination of employment, (i) wilful misconduct involving bad faith by the
Employee in respect of his obligations under this Agreement, which misconduct
causes or is intended by the Employee to cause significant injury to Dermond,
(ii) gross malfeasance, (iii) conduct by Employee which constitutes a breach of
the Employee's fiduciary duty or (iv) repeated refusal by the Employee to
perform reasonable and lawful job assignments which are not materially
inconsistent with his duties and responsibilities under this Agreement and such
failure continues for a period of ten (10) days after Dermond has given the
Employee written notice of such failure and requested the Employee to remedy
such failure.

"Commencement Date" means February 12, 2002;

"Disability" shall mean, with respect to the Employee, being physically or
mentally disabled, whether totally or partially, so that he is substantially
unable to perform his duties under this Agreement for a longer period than
twelve (12) consecutive months, or if he shall be disabled at different times
for more than twelve (12) months (whether working days or not) in any one period
of eighteen (18) consecutive months;

"Discoveries and Works" includes by way of example but without limitation,
intellectual property, trade secrets and other confidential information, patents
and patent applications, trademarks and trademark registrations and
applications, service marks and service mark registrations and applications,
trade names, copyrights and copyright registrations and applications;

"Employment Year" means the period beginning on February 12, 2002 and ending on
February 11, 2003, and each consecutive twelve-month period;

"Parties" means Dermond and the Employee and "Party" means one or the other as
the case may be;

"Person" means any individual, corporation, proprietorship, firm, partnership,
limited partnership, limited liability company, trust, association or other
entity;

"Restriction Period" means the period of time covering the Term plus a period
equivalent to eighteen (18) months following Employee's Termination Date;

"Subsidiary" means a corporation controlled by Dermond, or by another subsidiary
of Dermond;

"Term", "Initial Term", and "Additional Term" shall have the meaning set forth
in Section - RENV _Ref4972923

"Termination Date" means the effective date of the Employee's termination of
employment with Dermond, regardless of the reason;

"Territory" means the world.

EMPLOYMENT

Dermond hereby employs the Employee as Vice-president of Dermond as well as to:

provide technical expertise in furthering the development of the Dermond Wind
Generator;

provide technical expertise in developing off-grid power system technology; and

provide technical expertise to potential and actual customers, vendors and
partners of Dermond and its Affiliates and Subsidiaries,

as well as other duties Dermond may from time to time request, without
additional compensation. The Employee hereby accepts employment from Dermond to
perform the duties described above upon the terms and conditions set forth in
this Agreement.

DUTIES AND RESPONSIBILITIES

During the Term of this Agreement, the Employee shall devote his full time and
efforts to the performance of his duties and responsibilities under this
Agreement and to the business and affairs of Dermond, its Subsidiaries and
Affiliates, in general, and the Employee shall use his best efforts to promote
the interests thereof and shall faithfully and to the best of his ability serve
as the Vice-president of Dermond.

It is expressly understood and agreed that the Employee shall not engage in any
other business or business opportunity, whether or not such business activity is
pursued for gain, profit or other pecuniary advantage, provided however that:

the Employee may engage in personal, charitable, professional and investment
activities to the extent such activities do not conflict or interfere with the
Employee's duties and obligations under this Agreement or Employee's ability to
perform his duties and responsibilities under this Agreement; and

the Employee shall not be prevented from investing his assets in such form or
manner as will not require any substantial amount of time or services on the
part of the Employee in the operation of the affairs of the enterprises in which
such investments are made.

The Employee shall be subject to the direction of, and report only to, the Board
of Directors.

The Employee shall also perform duties commensurate with his position and such
specific duties and services as the Board of Directors shall reasonably request
consistent with the Employee's position.

It is contemplated that the Employee will be obliged from time to time and for
reasonable period of time to travel in the performance of his duties and
obligations under this Agreement. However, the principal place of employment of
the Employee which the Employee shall report for work will be at the Montreal,
Quebec office of Dermond.

TERM

Unless sooner terminated as provided for in this Agreement, the terms of the
Employee's employment shall commence on February 12, 2002 and shall continue for
five (5) year(s) (the "Initial Term"), provided, however, that the Initial Term
of the Employee's employment under this Agreement shall automatically be
extended for additional periods of twelve (12) months each (an "Additional
Term") unless and until either Dermond or the Employee shall have given the
other notice, not less than three (3) months prior to the expiration of the
Initial Term or any subsequent Additional Term, of the termination by the
notifying party of the Employee's employment effective as of the next succeeding
anniversary date of the expiration of the Initial Term or Additional Term (the
Initial Term and any Additional Term(s) are collectively referred to as the
"Term" in this Agreement).

COMPENSATION

During the Term of this Agreement, Dermond shall pay to the Employee an annual
base salary of sixty-five thousand Canadian dollars ($65,000 CDN). Such salary
shall be paid to the Employee in monthly instalments of $5,416.67 CDN (less
applicable taxes and other deductions at source), on the first business day of
each month. However, upon the completion of the first sale of a Dermond Wind
Generator by MKBY, Dermond or any of its Subsidiaries, the Employee's salary
will increase to eighty-five thousand Canadian dollars ($85,000 CDN) per year,
paid in monthly instalments, less any applicable taxes or deductions at source.
The compensation committee of the Board of Directors shall review the annual
base salary of the Employee each year and as a result of such review shall
increase the annual base salary, effective as of the commencement of each
successive Employment Year, to such greater amount as the Board of Directors may
deem reasonable in the light of the then business and financial affairs of
Dermond and such other factors as in the then circumstances of Dermond may be
appropriate.

EXPENSES

Dermond shall reimburse the Employee for all necessary and reasonable expenses
incurred by him in the performance of his duties under this Agreement. The
Employee shall, on being so required, provide Dermond with vouchers or other
evidence of actual payment of the said expenses in a form satisfactory to
Dermond.

BENEFITS

Employee Plans

During the Term of this Agreement, the Employee shall participate in all
employee benefit and insurance plans or programs established by Dermond in its
full discretion and from which he is not excluded from participating by reason
of the terms and conditions in the respective plans or programs.

Vacation

The Employee shall be entitled to four (4) weeks paid vacation in each
Employment Year to be taken at such times as may be appropriate having regard to
the requirements of Dermond's business. The Employee shall not be entitled to
carry forward from one year to another untaken vacation time unless expressly
agreed between Dermond and the Employee.

RETURN OF DOCUMENTS AND PROPERTY

Upon the termination of Employee's employment with Dermond, or at anytime upon
the request of Dermond, Employee (or his heirs or personal representatives)
shall deliver to Dermond (a) all documents and materials (including without
limitation, computer files) containing trade secrets or other confidential
information relating to the business and affairs of Dermond, and (b) all
documents, materials and other property (including, without limitation, computer
files) belonging to Dermond, which in either case are in the possession or under
the control of Employee (or his heirs or personal representatives).

DISCOVERIES AND WORKS

All Discoveries and Works made or conceived by Employee during his employment by
Dermond, jointly or with others, that relate to the present or anticipated
activities of Dermond, or are used or usable by Dermond shall be owned by
Dermond. Employee shall (a) promptly notify, make full disclosure to, and
execute and deliver any documents requested by Dermond to evidence or better
assure title to Discoverie s and Works in Dermond, as so requested, (b) renounce
any and all claims, including but not limited to claims of ownership and
royalty, with respect to all Discoveries and Works and all other property owned
or licensed by Dermond, (c) assist Dermond in obtaining or maintaining for
itself at its own expense Canadian and foreign patents, copyrights, trade secret
protection or other protection of any and all Discoveries and Works, and (d)
promptly execute, whether during his employment with Dermond or thereafter, all
applications or other endorsements necessary or appropriate to maintain patents
and other rights for Dermond and to protect the title of Dermond thereto,
including but not limited to assignments of such patents and other rights. Any
Discoveries and Works which, within six (6) months after the Termination Date,
are made, disclosed, reduced to a tangible or written form or description, or
are reduced to practice by Employee and which pertain to the business carried on
or products or services being sold or developed by Dermond at the time of such
termination shall, as between Employee and Dermond be presumed to have been made
during Employee's employment by Dermond.

DEATH

The Employee's employment under this Agreement shall terminate upon his death.
In the event of the termination of the Employee's employment as a result of his
death, Dermond shall promptly pay to any one or more beneficiaries designated by
the Employee pursuant to a notice to Dermond or, failing such designation, to
the Employee's estate, the annual base salary provided for in this Agreement
through the conclusion of the month in which such termination occurs.

DISABILITY

The Employee's employment under this Agreement may be terminated as a result of
Disability at the option of Dermond by notice to the Employee, such termination
to be effective upon the receipt by the Employee of such notice. In the event of
the termination of the Employee's employment as a result of Disability, Dermond
shall pay the Employee two (2) times his full annual base salary less any credit
for sick pay or other benefits received by the Employee deriving from any
private medical insurance or other similar arrangements entered into by Dermond.

TERMINATION FOR CAUSE BY DERMOND

The Employee's employment under this Agreement may be terminated by Dermond for
Cause. In the event that the Employee's employment under this Agreement shall
validly be terminated by Dermond for Cause pursuant to this Section - RENV-
Ref497222905-12, Dermond shall promptly pay accrued but unpaid salary and
reimburse or pay any other accrued but unpaid amounts due under this Agreemen t
as of the date of termination, and thereafter Dermond shall have no further
obligations under this Agreement.

TERMINATION WITHOUT CAUSE

Dermond may terminate the Employee's employment at any time or any reason other
than those specified in Sections - RENV -Ref756526 -10, RENV-Ref756527-11 and
RENV-Ref497222905-12 hereof or for no reason whatsoever, by paying the Employee,
in lieu of applicable notice, the amount equivalent to his salary for the
remaining of the Term, on a prorated basis, which is to be no less than a
minimum of three (3) months of salary and no more than a maximum of twenty-four
(24) months salary, in effect at the time of Employee's termination, to be paid
within forty-five (45) days after the Termination Date.

CONFLICT OF INTEREST

During the Term of this Agreement, the Employee shall not, either directly or in
conjunction with any person, firm, association, syndicate, company or
corporation as principal, agent, shareholder, or in any other manner whatsoever,
carry on or be engaged in, or advise, lend money to, guarantee the debts or
obligations of, or permit his name or any part of it to be used or employed by
any person, firm, association, syndicate, company or corporation engaged in any
business in competition with the business then carried on by Dermond or a
Subsidiary, provided that the holding of not more than two per cent (2%) of the
issued shares of a public company listed on any recognized stock exchange in
Canada or traded in the Canadian over-the-counter market, shall not be deemed a
breach of this covenant.

CONFIDENTIALITY

During the Term of this Agreement and for a period of two (2) years thereafter,
the Employee shall keep secret and retain in strictest confidence, and shall not
use for his benefit or for the benefit or others, directly or indirectly, any
and all confidential information relating to Dermond and its Subsidiaries of
which the Employee shall obtain knowledge by reason of his employment under this
Agreement, including, without limitation, trade and business secrets or any
other non-public or proprietary information concerning the business, customer
lists, financial plans or projections, pricing policies, marketing plans or
strategies, business acquisition or divestiture plans, new personnel acquisition
plans, technical processes, inventions and other research projects, and except
in connection with the performance of his duties under this Agreement, he shall
not disclose any such information to anyone outside Dermond and any of its
Subsidiaries, except as required by law (provided prior written notice is given
by the Employee to Dermond) or except with the prior written consent of Dermond,
unless such information is known generally to the public or the trade through
sources other than the unauthorized disclosure by the Employee.

NON-COMPETITION AND NON-SOLICITATION

The Employee acknowledges and understands that (i) he is entering into this
Agreement and specifically agreeing to the provisions of this Section RENV-
Ref531161599 -16 contemporaneously with a transaction in which the Employee's
shares in Dermond, and one of the material assets represented in the value of
said share purchase, was the goodwill of Dermond, (ii) he has access to
Dermond's clients, channels for developing clients and recruiting executives for
employment, and other confidential information of Dermond, (iii) he has direct
substantial responsibility to maintain Dermond's business relationship with
clients of Dermond whose affairs he handles, (iv) the non-competition and non-
solicitation provisions set forth in this Section RENV - Ref531161599-16
constitute a material part of the consideration received by Dermond under this
Agreement, (v) due to the specific nature and limited market for Dermond's
activities, the definition of Territory as set forth in subsection RENV-
Ref1209391-1., RENV-Ref1209397-p hereof is reasonable and justified, (vi) it
would be unfair to Dermond if the Employee were to appropriate for himself or
for others the benefits of Dermond's many years of developing such business
relationships, especially when the Employee enjoys a relationship with clients
of Dermond as a result of his being introduced to the client's personnel as the
representative of Dermond, (vii) it would be unfair to Dermond if the Employee
were to appropriate for himself or for others the benefits of the business,
personnel and other confidential information which Dermond has developed in the
conduct of its business, and (viii) it is therefore fair that reasonable
restrictions as set forth below should be placed on certain activities of the
Employee after his employment with Dermond terminates.

The Employee shall not, without the prior written consent of Dermond, at any
time during the Restriction Period, either individually or in partnership or
jointly or in connection with each other or any Person, as principal, agent,
consultant, lender, contractor, employer, employee, investor or shareholder, or
in any other manner, directly or indirectly, anywhere within the Territory:

advise, manage, carry on, establish, acquire control of, work for, perform,
render, or engage in, any business or service or activity that is similar to or
competitive with the Business or any portion of the Business; or

invest in or lend money to, or guarantee the debts or obligations of, any
business or service or activity, or any Person engaged in any business or
service or activity, that is similar to or competitive with the Business or any
portion of the Business; or

permit the Employee's name or any part thereof to be used or employed by any
Person that operates, is engaged in or has an interest in any business or
service or activity that is similar to or competitive with the Business or any
portion of the Business. Without limiting the effect of the foregoing, competing
with or competitive with the Business, includes without limitation, directly or
indirectly, engaging in or permitting the solicitation or sale of any products
or services of the type included within the meaning of term Business as of the
termination of the Employee's employment with Dermond.

The Employee shall not during the Restriction Period, without the written
consent of Dermond, directly or indirectly (as owner, principal, agent, partner,
officer, employee, independent contractor, consultant, stockholder, or
otherwise), (i) solicit any Client (as this term is defined below) for a purpose
or objective of providing to such Client, or obtaining an engagement from such
Client to provide, any services, businesses or activities included within the
term or (ii) solicit for employment or otherwise induce any employee employed by
Dermond or any of its Affiliates at the date of termination of the Employee's
employment with Dermond to leave such employ or offer to employ or employ such
employee.  The term "Client" shall mean one or more of the following:

any current or former client or customer of Dermond or its Affiliates;

any current client or current customer of Dermond or its Affiliates if at any
time since the Commencement Date the Employee had contact with such client or
customer, or personally solicited such client or customer, or rendered services
to such client or customer, or otherwise developed any relationship with such
client or customer, or

any former client or former customer of Dermond or its Affiliates who was,
during the thirty-six (36) months preceding the Termination Date, a client or
customer of Dermond or its Affiliates, if at any time since the Commencement
Date the Employee had contact with such client or customer, or solicited such
client or customer, or rendered services to such client or customer, or
otherwise developed any relationship with such client or customer.

Upon the termination of the Employee's employment for whatever reason, the
Employee shall deliver to Dermond all documents, papers, records, accounts of
all and any description relating to the affairs of Dermond within his possession
or under his control, it being the intention of the Employee and Dermond that
all such notes or memoranda made by the Employee during the course of his
employment under this Agreement shall be the property of Dermond and shall be
left at its registered office or principal place of business upon the
termination of the Employee's employment.

WITHHOLDING

Dermond shall be entitled to withhold from any and all amounts payable to the
Employee under this Agreement such amounts as from time to time be required to
be withheld pursuant to applicable tax laws and regulations.

GENERAL PROVISIONS

Further Assurances

Each of the parties upon the request of any other party, whether before or after
the date hereof, shall do, execute, acknowledge and deliver or cause to be done,
executed, acknowledged or delivered all such further acts, deeds, documents,
assignments, transfers, conveyances, powers of attorney and assurances as may be
reasonably necessary or desirable to effect complete consummation of the
transactions contemplated by this Agreement.

Successors in Interest

This Agreement and the provisions hereof shall enure to the benefit of and be
binding upon the Parties and their respective successors and assigns.

Notices

Any notice, direction or other instrument required or permitted to be given
hereunder shall be in writing and given by delivery or sent by (i) registered or
certified mail, (ii) reputable overnight courier, (iii) personal delivery, (iv)
telecopier or similar telecommunication device and addressed:

in the case of Dermond at:

Experts Conseils Dermond Inc.
c/o McKenzie Bay International, Ltd.
3362 Moraine Drive
Brighton, Michigan
U.S.A.  48114

Attention: Mr. Gary L. Westerholm

Telecopier: (810) 220-4823

in the case of the Employee at:

Laurent Mondou
451 Le Royer Street,
St. Laurent, Quebec
J4R 1M7

Telecopier: (514) 274-4858

Any notice, direction or other instrument given as aforesaid shall be deemed to
have been effectively given and received, if sent by mail on the fourth (4th)
business day following such mailing, if sent by telecopier or similar
telecommunications device on the next business day following such transmission
or, if delivered, to have been given and received on the date of such delivery.
Any party may change its address for service by written notice given as
aforesaid.

Amendments

This agreement may not be amended except by written instrument duly executed by
or on behalf of all parties hereto.

Language

The Parties hereby acknowledge that they have requested that this Agreement and
all related documents be drawn up in the English language. Les parties aux
presentes reconnaissent qu'elles ont exige que la presente convention et tous
les documents qui s'y rattachent soient rediges en anglais.

Governing Laws

This Agreement shall be governed by and construed in accordance with the Laws of
the Province of Quebec and the Laws of Canada applicable therein. The Parties
agree to submit to the jurisdiction of the Courts of Quebec, District of
Montreal.

Gender

Any reference in this Agreement to any gender shall include all genders and
words used herein importing the singular number only shall include the plural
and vice versa.

Headings

The division of this Agreement into articles, sections, subsections and other
subdivisions and the insertion of headings are for convenience of reference only
and shall not affect or be utilized in the construction or interpretation
hereof.

Severability

Any article, section, subsection or other subdivision of this Agreement or any
other provision of this Agreement which is, or becomes, illegal, invalid or
unenforceable shall be severed herefrom and shall be ineffective to the extent
of such illegality, invalidity or unenforceability and shall not affect or
impair the remaining provisions hereof, which provisions shall be severed from
any illegal, invalid or unenforceable article, section, subsection or other
subdivision of this Agreement or any other provision of this Agreement.

Waiver

No waiver of any of the provisions of this Agreement shall be deemed to
constitute a waiver of any other provision (whether or not similar) nor shall
such waiver constitute a continuing waiver unless otherwise expressly provided
in a written document duly executed by the party to be bound thereby.

IN WITNESS WHEREOF, this Agreement has been executed as of the day and year
first above written.

EXPERTS CONSEILS DERMOND INC.

per:     /s/ Gary L. Westerholm
             -------------------
             Gary L. Westerholm
             Director

Witness: /s/ LAURENT MONDOU
             ---------------
             LAURENT MONDOU

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