Document:

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                              EMPLOYMENT AGREEMENT

                                     Between

                          ENERTECK CHEMICAL CORPORATION

                                       And

                                    ROY STERN

         This Employment Agreement (the "Agreement") is made and entered into to
be effective the 1st day of August, 2003 (The "Effective Date") by and between
EnerTeck Chemical Corporation, a Texas corporation, (the "Company") and Roy
Stern ("Employee").

WITNESSETH:

         WHEREAS, Employee is an experienced professional whose educational
background, experience, skill and expertise in the field of manufacturing,
marketing, business development, engineering, management and the like render him
valuable to the Company as an employee,

         WHEREAS, the Company desires to employ the Employee and the Employee
desires to be employed by the Company; and

         WHEREAS, Employee and the Company desire to set forth the terms and
conditions of Employee's employment with the Company.

         NOW, THEREFORE, and in consideration of the promises and of the full
and faithful performance of the respective agreements herein contained, the
parties hereto do mutually covenant and agree with each other as follows:

         1.       Employment. The Company agrees to employ Employee as its Vice
President - Fleet Sales, and Employee accepts such employment upon the terms and
conditions hereinafter set forth. The Employee shall report directly to the
Board.

         2.       Term. The term of this Agreement shall be for a period of
twenty-four (24) months from the Effective Date.

         3.       Compensation

                  (a) Basic Compensation. The Company agrees to pay Employee a
wage of $110,000 per year, payable in equal monthly payments on the regular
paydays of the Company for the term of this Agreement.

                  (b) Sales Commissions. The Company agrees to pay Employee
sales commissions of 1% of the gross sales made by the Company as a result of
the Employee's sales efforts. The Employee shall be entitled to said commissions
during the term of this agreement, as extended, plus for the additional period
that the non-compete provision referred to under paragraph 9(b), below, is in
effect.

                  (c) Stock Options. The Company's parent, Gold Bond Resources,
Inc. ("GOBM"), intends to create an Employee Stock Option Plan. Accordingly, in
addition to the compensation provided for in subparagraphs 3(a) and 3(b), above,
the Employee will be granted

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options to purchase common shares of GOBM in accordance with said Employee Stock
Option Plan.

                  (d) Special Stock Warrants. The Company's Parent, GOBM, agrees
to issue to Employee warrants to purchase 1,000,000 shares of the GOBM's
restricted common stock at a purchase price of $.12 per share (or 100,000 shares
at a price of $1.20 per share after GOBM's intended one for 10 common stock
reverse split). Said warrants are to be subject to a separate warrant agreement
and considered earned upon the execution of this agreement. The warrant
agreement will require GOBM to cause the shares underlying the Special Stock
Warrants to be registered with the SEC.

                  (e) Benefits. In addition to the compensation indicated in
subparagraphs 3(a) and 3(b), above, Employee shall be entitled to participate in
any group employee benefit program of the Company, including medical, dental and
life insurance and 401(k) programs, if the Company creates and institutes any
such programs in its sole discretion.

                  (f) Vacations. Employee shall also be entitled to four (4)
weeks paid vacation time during each calendar year. The dates of vacation time
are subject to Company approval.

         4. Duties. During the term of this Agreement, Employee shall serve the
Company in the position indicated above and shall perform such duties as is
consistent with these positions, and as may be delegated or assigned to him from
time to time by the Company.

         5. Extent of Services. The Employee shall devote substantially all of
his working time, attention and energy during normal business hours (other than
absences due to illness or vacation) to the performance of his duties for the
Company.

         6. Expenses. Employee is authorized to incur reasonable expenses in
promoting the business of the Company and will be reimbursed by the Company for
approved expenses in accordance with the Company's normal practice upon
submission of required documentation.

         7. Office: The Company and the Employee agree that the Employee's
principal place of employment shall be at his San Francisco office. The Employee
agrees to be responsible for his own rental expense, and the Company agrees to
pay all other approved expenses related to the operation of the San Francisco
office.

         8. Termination. The Employee's employment hereunder shall terminate
upon the expiration of the Term and may be terminated during the Term under the
following circumstances:

     (a) Death. Employee's employment hereunder shall terminate upon his death.

     (b) Disability. If, as a result of Employee's incapacity due to physical or
mental illness, Employee shall have been substantially unable to perform his
duties hereunder for an entire period of four (4) months or more during any six
(6) consecutive month period, and within thirty (30) days after written Notice
of Termination is given after such six (6) month period, Employee shall not have
returned to the substantial performance of his duties on a fulltime basis, the
Company shall have the right to terminate Employee's employment hereunder for
"Disability", and such termination in and of itself shall not be, nor shall it
be deemed to be, a breach of this Agreement.

     (c) Cause. The Company shall have the right to terminate Employee's
employment for Cause, and such termination in and of itself shall not be, nor
shall it be deemed to be, a breach of this Agreement. For purposes of this
Agreement, "Cause" to terminate Employee's employment shall include but not be
limited to the Employee's:

         (i) Conviction of, or plea of guilty or nolo contendere to, a felony;
or

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         (ii) Continued failure to use reasonable best efforts to substantially
perform his duties hereunder (other than such failure resulting from Employee's
incapacity due to physical or mental illness or subsequent to the issuance of a
Notice of Termination by Employee for Good Reason) after demand for substantial
performance is delivered by the Company in writing that specifically identifies
the manner in which the Company believes Employee has not used reasonable best
efforts to substantially perform his duties; or

         (iii) Misconduct (including, but not limited to, a breach of the
provisions of Section 9) that is materially economically injurious to the
Company or to any entity in control of, controlled by or under common control
with the Company ("Affiliates").

     (d) Good Reason. Employee may terminate his employment for "Good Reason"
within one hundred and twenty (120) days after Employee has actual knowledge of
the occurrence, without the written consent of Employee, of one of the following
events that has not been cured within thirty (30) days after written notice
thereof has been given by Employee to the Company:

         (i) A reduction by the Company in Employee's Base Salary or a failure
by the Company to pay any such amounts when due;

         (ii) The Company's failure to provide the benefits set forth in Section
3 or the failure of the Company to substantially provide any material employee
benefits due to be provided to Employee (other than any such failure not
inconsistent with any express provisions contained herein which failure affects
all senior executive officers); or

         (iii) The Company's failure to provide in all material respects the
indemnification set forth in Section 11 of this Agreement. Employee's right to
terminate his employment hereunder for Good Reason shall not be affected by his
incapacity due to physical or mental illness. Employee's continued employment
during the one hundred and twenty (120) day period referred to above in this
paragraph (d) shall not constitute consent to, or a waiver of rights with
respect to, any act or failure to act constituting Good Reason hereunder.

     (e) Without Cause. The Company shall have the right to terminate Employee's
employment hereunder without Cause by providing Employee with a Notice of
Termination thirty (30) days prior to the date of termination of employment, and
such termination shall not in and of itself be, nor shall it be deemed to be, a
breach of this Agreement.

     (f) Without Good Reason. Employee shall have the right to terminate his
employment hereunder without Good Reason by providing the Company with a Notice
of Termination thirty (30) days prior to the date of termination of employment,
and such termination shall not in and of itself be, nor shall it be deemed to
be, a breach of this Agreement.

         9. Non-Competition, Confidentiality Agreement and Removal of Documents.

     (a) Purpose: In connection with the limited protection afforded the Company
by the covenants contained in this Paragraph, Employee recognizes and
acknowledges that the Company's need for the following covenants is based upon:
(i) The Company has expended and will expend substantial time, money and effort
in developing concepts, products and technology in its lines of business and
valuable lists of customers and information relating to its business
requirements, needs, patterns and procedures; (ii) Employee in the course of
employment, will be entrusted with and exposed to the Company's trade secrets
and other proprietary and confidential information; (iii) The Company, during
the term of this Agreement and thereafter, will be engaged in a highly
competitive industry in which many firms, including the Company compete; (iv)
Employee could by utilizing the trade secrets or other proprietary and
confidential information owned by the Company, become a competitor or be
employed by or otherwise assist a competitor; and (v) the Company will suffer
great loss if Employee were to terminate this Agreement and thereafter enter,
directly or indirectly, into competition with the Company.

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     (b) Non-Competition Agreement. While the Employee is employed by the
Company and for a period to one (1) year thereafter, as part of the
consideration for the compensation described in paragraph 3, above, Employee
agrees not to, directly or indirectly, acting alone or in conjunction with
others, except with the express written permission of the Company secured in
advance:

         (i) invest, own (in whole or in part) be employed by, consult with, be
a stockholder, officer, director, partner or representative of, or engage in any
business which designs, manufactures, uses or sells, technology or conducts any
business in direct competition with the Company or any of its subsidiaries or
affiliates during the term hereof;

         (ii) solicit or contact customers of the Company for purposes other
than the business of the Company; (iii) solicit, canvas or accept, or transact
any other business in the same lines of business as Company; (iv) induce or
attempt to influence any employee of Company to terminate his or her employment;
or (v) disparage by word, action or otherwise the business reputation of the
Company.

     (c) Confidentiality Agreement. During the term of this Agreement and
following the termination hereof, and for a period of five years thereafter the
Employee agrees not to disclose or make any use, for his own benefit or for the
benefit of a business or entity other than the Company or its subsidiaries or
affiliates of any information or data of or pertaining to the Company, its
business and financial affairs, or its products or services which is treated as
confidential by the Company and is not generally known within its trade, which
was acquired by Employee during his affiliation with the Company.

     (d) Removal of Documents: Rights to Product. All records, files, drawings,
documents, models, equipment, and the like relating to the Company's business,
which Employee has control over shall not be removed from the Company's premises
without its written consent, unless such removal is in the furtherance of the
Company's business or is in connection with Employee's carrying out his duties
under this Agreement and, if so removed, shall be returned to the Company
promptly after termination of Employee's employment thereunder, or otherwise
promptly after removal if such removal occurs following termination of
employment. Employee shall assign to the Company all rights to trade secrets and
other products relating to the Company's business developed by him alone or in
conjunction with others at any time while employed by the Company.

     (e) Independent Agreement. All agreements made in this Paragraph shall be
construed as agreements independent of any other provision herein, and the
existence of any claim, cause of action or defense of Employee as against the
Company predicated on this Agreement, or otherwise, shall not constitute a
defense to the Company's enforcement of such agreement. The covenants and
agreements of Employee contained herein shall survive the termination or
expiration of this Agreement.

     (f) Equitable Remedies. Employee further acknowledges and understands that
his services are of a special and unique nature, therefore the breach of this
agreement cannot be adequately or accurately compensated for in damages by an
action at law, and that the breach or threatened breach of any provisions of
this agreement would cause the Company irreparable harm. In the event of any
such breach, Employee agrees that the Company shall be entitled,

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as a matter of right, to injunctive and other equitable relief, without waiving
any other rights which it may have to damages or otherwise under this Agreement.

     (g) Nature of Restrictions. Employee hereby specifically acknowledges and
agrees that the temporal and other restrictions contained in this Paragraph are
reasonable and necessary to protect the business and prospects of the Company,
and that the enforcement of the provisions of this Paragraph will not work an
undue hardship on him.

     (h) Survival. Employee further agrees, in the event that any provision of
this Paragraph is held to be invalid or against public policy, the remaining
provisions of this Paragraph and the remainder of this Agreement shall not be
affected thereby.

         10. Inventions and Patents. Employee agrees that any inventions,
designs, improvements, and/or discoveries made by Employee during the term of
his employment solely or jointly with others, which (i) are made directly or
indirectly using the Company's equipment, supplies, facilities, trade secrets,
or time (ii) related at the time of conception or reduction to practice of the
business of the Company and/or the Company's actual or anticipated research and
development, or (iii) result from any work performed by Employee for the
Company, shall be the exclusive property of the Company. Employee agrees that he
will promptly and fully inform and disclose to the Company all such inventions,
designs, improvements, and discoveries, and Employee promises to assign such
inventions to the Company. Employee also agrees that the Company shall have the
right to keep such inventions as trade secrets, if the Company chooses. Employee
shall assist the Company in obtaining patents in the United States and in all
foreign countries on all inventions, design, improvements, and discoveries
deemed patentable by the Company and shall execute all documents and do all
things necessary to obtain Letters Patents to vest the Company with full and
extensive titles to the patents and will assist the Company to protect the
patents against infringement by others. For purposes of this Paragraph, an
invention is presumed if it relates at the time of conception or reduction to
practice of the business of the Company or the Company's actual or anticipated
research or development during the period of Employee's employment.

         11. Indemnification of Officers and Employees. The Company shall
indemnify, protect and hold Employee harmless, to the fullest extent permitted
by Texas law and the Company's certificate of incorporation, as amended, and its
by-laws, from any and all claims and legal actions against the Company including
but not limited to product liability claims, shareholder or government claims,
fines, penalties, or legal actions; or any other tort or action against the
Employee as a result of Employee's employment by Company. Company does not
presently maintain officer and director liability insurance. However, if the
Company does obtain such coverage in the future, the Company will immediately
cause said Employee to be covered by said insurance.

         12. Notices. Any notices, demands, or requests provided for, required
or permitted to be given pursuant to this Agreement shall be deemed to have been
properly given if in writing and given to the party personally or if it is sent
by registered mail, postage prepaid, to the following

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addresses:

          TO EMPLOYEE:                         TO THE COMPANY:

          Roy Stern                            EnerTeck Chemical Corporation
          1500 Francisco Street, Unit #11      10701 Corporate Drive, Suite 150
          San Francisco, CA 94128              Stafford, TX 77477

         13. Entire Agreement. This Agreement contains the entire agreement of
the parties hereto relative to the subject matter hereof and supersedes any
prior negotiations or agreements between the parties.

         14. Benefit. This Agreement shall bind and inure to the benefit of the
parties, their successors, assigns, heirs and personal representatives.

         15. Assignment. This Agreement is personal in nature to the Employee
and shall not be assignable or delegable voluntarily or by operation of law or
otherwise by the Employee, without the consent of the Company.

         16. Amendment. This Agreement shall not be changed, modified,
supplemented or amended, in whole or in part except by an instrument in writing
signed by the parties hereto or their respective successors or assigns, or
otherwise as provided herein.

         17. Severability. In the event that any one or more of the provisions
of this Agreement are for any reason, held to be illegal, invalid, or
unenforceable under present or future laws during the term hereof, such
provision shall be fully severable and this Agreement and each separate
provision hereof shall be construed and enforced as if such illegal, invalid, or
unenforceable provision had never comprised a part of this Agreement and the
remaining provisions of this Agreement shall remain in full force and effect and
shall not be affected by the illegal, invalid, or unenforceable provision or by
its severance from this Agreement.

         18.Applicable Law. Any controversy or claim arising out of or relating
to this Agreement, or the breach thereof, shall be settled any applicable Court
of Law presiding in Harris County in the State of Texas. In respect to any such
legal proceedings, the prevailing party shall be entitled to receive, in
addition to any other remedy, all costs and expenses incurred in such
proceedings, including reasonable attorney's fees.

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IN WITNESS WHEREOF the parties have executed this Agreement on the day and year
as noted.

EnerTeck Chemical Corporation               EMPLOYEE

By  s/s                                     s/s
    ---------------------------             ------------------------------------
Parrish Ketchmark                           Roy Stern
President

Date: August 1, 2003                        Date: August 5, 2003
      --------------                              --------------

Gold Bond Resources, Inc.

By: s/s
    ----------------------------------------
Parrish Ketchmark
President

Date: August 1, 2003

GOBM-RSTERNEMPLOYMENT AGREEMENT<PAGE>

                              CONSULTING AGREEMENT

         This consulting agreement (the "Consulting Agreement") made as of the
9th day of January 2003, by and between PARRISH BRIAN PARTNERS, INC. with an
office at 75 Oak Street, Suite 202, Norwood, New Jersey 07648 ("PARTNERS") and
GOLD BOND RESOUCRES, INC., 10701 Corporate Drive, Suite 293, Stafford, Texas
77477 ("GOBM").

         WHEREAS, GOBM, is an energy technology company and through its wholly
owned subsidiary, ENERTECK CHEMICAL CORPORATION ("ENERTECK") has commercialized
a diesel fuel specific combustion catalyst; and

         WHEREAS, GOBM is a publicly traded entity under the rules of the
NATIONAL ASSOCIATION OF SECURITIES DEALERS and trades on the OTC ELECTRONIC
BULLETIN BOARD; and

         WHEREAS, GOBM requires certain financial and business development
services; and

         WHEREAS, PARTNERS is engaged in the business of providing consulting
and business development services and is desirous of performing such services
for GOBM; and

         WHEREAS, GOBM and PARTNERS desire to memorialize their relationship in
a written document; and

         WHEREAS, the execution of this Agreement has been approved by the Board
of Directors of GOBM.

         NOW THEREFORE IN CONSIDERATION OF THE MUTUAL COVENANTS HEREINAFTER
STATED, INTENDED TO BE LEGALLY BOUND, THE PARTIES HAVE AGREED AS FOLLOWS:

         1.  APPOINTMENT

         GOBM hereby appoints PARTNERS as its non-exclusive consultant and
business development representative and hereby retains PARTNERS and PARTNERS
accepts such appointment and agrees to perform the services specified in a
competent, professional, and faithful manner upon the terms and conditions
hereinafter set forth.

         2.  TERM

         The term of this Agreement shall commence upon the date hereof and
continue for five (5) years thereafter, subject to the right of either party
hereto to terminate this Agreement for any reason upon thirty (30) days written
notice to the other party.

         3. SERVICES

         (a) PARTNERS shall assist in establishing and advising GOBM with
respect to general business planning, development and implementation of such
plans and strategies including the development and expansion of GOBM's present
business and new business ventures;

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         (b) PARTNERS shall assist GOBM in analyzing present corporate financial
needs and possible future financing and advise GOBM with respect to capital
structure;

         (c) PARTNERS shall seek to identify merger, acquisition, investment and
similar joint ventures and/or business combination candidates and assist GOBM in
the analysis and development of potential mergers, acquisitions, investments
and/or joint ventures which GOBM may consider, and assist in effecting and
completing same, if so directed;

         (d) PARTNERS shall act, generally, as financial public relations
advisor, essentially acting as liaison between GOBM and its stockholders, as
advisor and liaison with respect to existing and potential market makers,
broker-dealers, underwriters and investors and as advisor with respect to the
planning, design, development, organization, writing and distribution of
communications and information, including but not limited to press releases,
shareholder reports, company profiles and other documents;

         (e) PARTNERS shall consult with and advise GOBM with respect to
shareholder meetings, interviews of GOBM'S officers by the financial media and
interviews of GOBM'S officers by analysts, market makers, broker-dealers and
other members of the financial community;

         (f) PARTNERS shall seek to make GOBM, its management, its products and
services and its financial situation and prospects known to the various
industries in which the Company and its subsidiaries operate, the financial
press and publications, broker-dealers, mutual funds, institutional investors,
market makers, analysts, investment advisors and other members of the financial
community as well as the financial media and the public generally;

         (g) To the extent requested by GOBM, PARTNERS shall assist GOBM in
securing funding, including through the exercise of warrants, options, and
similar rights, issued or to be issued;

         (h) PARTNERS shall provide general business and financial consulting
services as may be requested by the Board of Directors of GOBM.

         4. PERFORMANCE OF SERVICES

PARTNERS warrants and agrees:

         (a) That it will render the advisory and consulting services and assume
its responsibilities under this Agreement in accordance with high professional
standards and high levels of expertise; that the personnel assigned to perform
services under this Agreement shall have the appropriate skills and expertise to
efficiently perform such services; and that in carrying out its responsibilities
under this Agreement, PARTNERS hereby assures GOBM that its actions and
performance of services hereunder are and shall be conducted in compliance with
all applicable laws, rules and regulations, including but not limited to federal
and state securities laws; and PARTNERS shall disclose to any and all parties
with whom it deals in accordance with this agreement on behalf of GOBM any and
all of its interest in GOBM, whether direct, indirect, beneficial, contingent or
otherwise;

         (b) GOBM shall have no responsibility for the acts and conduct of
PARTNERS hereunder, or its failure to act, such as in the filing of reports,
forms or disclosures, and PARTNERS hereby agrees that it shall defend, indemnify
and hold GOBM (which term for this Section 4(b) includes GOBM'S officers,
directors, agents, shareholders, attorneys and representatives) harmless for and
against any and all liabilities, actions, claims, suits, proceedings, demands,
investigations, including costs, expenses and

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counsel fees, incidental to the performance of services by PARTNERS hereunder or
due to any failure of disclosure by PARTNERS to third parties as to its interest
in GOBM or as to information concerning GOBM or its failure to comply with all
applicable federal and state securities laws, exchanges' and commissions' rules
and regulations; provided such indemnity shall not apply to the extent any such
liability arises from or is substantially attributable to the actions,
negligence act or material omission by GOBM;

         (c) That it shall not release any financial or other material
information or data regarding GOBM without first providing same to and receiving
prior approval of GOBM;

         (d) That it shall not conduct meetings with financial analysts, merger,
acquisition, joint venture, other business combination or investment candidates,
and potential and existing customers without informing and obtaining the
approval of GOBM in advance of the proposed meeting with the format or agenda of
such meeting and with complete copies of all reports and communications to be
made available at any such meeting to be provided prior thereto to GOBM;

         (e) That it shall not release any information or data about GOBM to any
pre-selected person or limited group of people or other entity, in the event
PARTNERS is or should have been aware that such information is material and has
not otherwise been generally released;

         (f) That it shall restrict or cease, as directed by GOBM, all public
relations efforts, including all dissemination of information regarding GOBM
immediately upon receipt of instructions to that effect from GOBM; and after
notice by GOBM of a filing for a proposed public offering of its securities and
during any period of restriction on publicity, PARTNERS shall not engage in any
public relations efforts not in the normal course without written approval of
securities counsel for GOBM and counsel for underwriters, if any;

         (g) PARTNERS shall not take any action which would in any way adversely
affect the reputation, standing or prospects of GOBM or would cause GOBM to be
in violation of applicable law;

         (h) That it shall promptly supply GOBM prior to their use or
dissemination with complete copies of all stockholder reports and
communications; with all data and information to be supplied to any financial
analyst, broker-dealer, market maker, or other member of the financial community
and with all brochures or other materials relating to GOBM, its operations,
management, product, services, finances, proposals, properties, and the like.
PARTNERS shall inform GOBM in advance in writing as to the persons or
institutions to whom release of any of the foregoing information or
communications are to be made.

         5. DUTIES OF GOBM

         GOBM shall provide PARTNERS, on a regular and timely basis, with all
counsel approved data and information about it, its subsidiaries, its
management, its products and services and its operations and shall advise
PARTNERS of any facts which would affect the accuracy of any data and
information previously supplied pursuant to this paragraph.

         GOBM shall promptly supply PARTNERS with full and complete copies of
all filings with all federal and state securities agencies; with full and
complete copies of all stockholder reports and communications; with all data and
information supplied to any financial analyst, broker-dealer, market maker or
other member of the financial community and with all brochures or other sales
materials relating

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to its products or services. GOBM shall inform PARTNERS as to the persons or
institutions to whom release of any of the foregoing information or
communications have been made.

         6.  REPRESENTATION AND INDEMNIFICATION

         GOBM shall be deemed to have made a continuing representation of the
accuracy of any and all material facts, information and data which it supplies
to PARTNERS and acknowledges its awareness that PARTNERS will rely on such
continuing representation in disseminating such information and otherwise
performing its consulting functions. However, nothing herein is to be construed
as alleviating PARTNERS' due diligence obligations; and provided further that
all information provided by GOBM to PARTNERS that subsequently changes or is
updated is construed as accurate at the time provided. Other than its knowledge
of changes or updated materials, PARTNERS, in the absence of notice in writing
from GOBM, will rely on the continuing accuracy of material, information and
data. GOBM shall defend, indemnify and hold PARTNERS (which term for this
Section 6 includes PARTNERS' officers, directors, agents, shareholders,
attorneys and representatives) harmless for any and all liabilities, actions,
claims, suits, proceedings, demands, investigations, including costs, expenses
and counsel fees, incident to the providing to PARTNERS by GOBM of materially
false facts, information or data concerning itself or its operations or omitting
to provide such material facts, information or data that renders the disclosure
false, misleading fraudulent; provided such indemnity shall not apply to the
extent any liability arises from or is substantially attributable to a negligent
act or material omission by PARTNERS.

         7. COMPENSATION

         a) For PARTNERS agreeing to be available to provide the services
described hereunder, GOBM agrees to issue to PARTNERS 15,000,000 warrants to
acquire 15,000,000 shares of GOBM common stock, at an exercise price of $0.10,
in lieu of PARTNERS' normal monetary retainer fee and normal monthly monetary
compensation. Said warrants are to be issued and are deemed earned upon
execution of this Agreement. Said warrants shall expire five (5) years after the
execution of this Agreement. The form of Warrant is attached hereto as Exhibit
"A".

         b) In addition to the payments provided in subsection 7(a) hereof,
PARTNERS shall be entitled to additional success fees in connection with any
acquisitions, divestitures, financing and other similar transactions not so
defined in subsection 7(a) above when consummated by GOBM in which PARTNERS has
been involved for purposes of negotiation or evaluation on behalf of GOBM. Any
transaction which is so initiated, notwithstanding consummation date, within two
(2) years of the termination of this Agreement shall be subject to this success
fee, which success fee to be separately negotiated between the parties, and
agreed to in writing via an instrument separate from this Agreement.

         c) As further inducement to PARTNERS to serve GOBM as provided in
Section 3 above, GOBM covenants and agrees that, as more fully set forth in
Exhibit "A", GOBM shall immediately cause to be filed a Registration Statement
under the Securities Act of 1933, as amended, registering the shares acquired
via the warrant exercise. The aforementioned registrations will be at the
expense of GOBM.

         8. EXPENSES

         PARTNERS is expected to incur reasonable out-of-pocket expenses,
including telephone charges, for providing the services for GOBM as provided
herein. Reimbursement for such expenses shall be subject to such reasonable
budget previously approved by GOBM. Any anticipated significant

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expenses (significant encompasses any expenses exceeding $500.00) must be
submitted to GOBM for prior written approval.

         For other expenses on behalf of GOBM other than out-of-pocket expenses,
such as third party work (lay-outs, mark-ups, printing, art, photograph or
graphics), for GOBM annual reports, interim shareholder reports, product
brochures, press releases, and similar works, GOBM shall either pay such
third-party vendors or reimburse PARTNERS if previously approved by GOBM as to
the vendor and the work.

         9. RELATIONSHIP OF PARTIES

         PARTNERS is responsible for compensation of its agents, employees and
representatives, as well as all applicable withholding therefrom and taxes
thereon. This Agreement does not establish any partnership, joint venture or
other business entity or association between the parties hereto and neither
party is intended to have any interest in the business or property of the other
except for the issuance of warrants to acquire shares by PARTNERS as set forth
in Section 7 hereto. Except as expressly agreed herein neither party shall have
the authority to obligate, commit or bind the other in any manner whatsoever,
except that should PARTNERS desire to subcontract services, GOBM shall be
notified in writing and approve of such subcontractor relationship before any
services are rendered or compensation is assigned to subcontractor.

         10. DISCLOSURE OF INFORMATION

         PARTNERS acknowledges that, in and as a result of the Agreement, it
will be making use of, acquiring and/or adding to confidential or proprietary
information of a special and unique nature and value to GOBM, including, but not
limited to, the nature and material terms of business opportunities and
proposals available to GOBM, the names and addresses of GOBM customers and
suppliers, operating procedures, methods and systems, financial records of GOBM
and other information, data and documents now existing or later acquired by
PARTNERS regardless of whether any such information, data or documents qualify
as a "trade secret" under applicable federal or state laws (collectively, the
"Confidential Information"). As a material inducement to GOBM to enter into this
Agreement, and to pay to PARTNERS the compensation referred to in Section 7
hereof, along with other considerations provided herein, PARTNERS covenants and
agrees that it shall not at any time during the term or following any
termination of this Agreement, directly or indirectly, divulge or disclose or
use for any purpose whatsoever (except for the sole and exclusive benefit of
GOBM as reasonably required in connection with its duties to or as otherwise
required by law), any Confidential Information which has been obtained by or
disclosed to it as a result of this Agreement or its retention hereunder. In
accordance with the foregoing, PARTNERS further agrees that it will at no time
retain or remove from the premises of GOBM records of any kind or description
whatsoever for any purpose whatsoever unless authorized by GOBM and will return
all of the foregoing to GOBM upon GOBM'S request or upon any termination or
expiration of this Agreement. In the event of a breach of threatened breach by
PARTNERS of any of the provisions of this Section 11, GOBM, in addition to and
not in limitation of any other rights, remedies or damages available to it at
law or in equity, shall be entitled to a permanent injunction in order to
prevent or to restrain any such breach by PARTNERS or its agents, partners,
representatives, servants, employers, employees and/or any and all persons
directly or indirectly acting for or with PARTNERS.

         11. TRANSFER OF INTEREST AND DUTIES.

                                       5
<PAGE>

         The parties hereto agree that in the event GOBM is sold or merged with
another corporation, then, and in that case, this Agreement may be assigned by
GOBM to said merged or acquiring corporation, and PARTNERS hereby agrees to be
bound by this Agreement even though GOBM shall be merged with another.

         12. APPLICABLE LAW; SEVERABILITY.

         This Agreement shall be governed by and construed pursuant to the laws
of the State of New Jersey. If any terms or part of this Agreement shall be
determined to be invalid, illegal or unenforceable in whole or in part, the
validity of the remaining part of such term of the validity of any other term of
this Agreement shall not in any way be affected. All provisions of this
Agreement shall be construed to be valid and enforceable to the full extent
permitted by law.

         13. BINDING PROVISIONS AND PERFORMANCE.

         This Agreement shall inure to the benefit of and be binding upon the
parties hereto and their successors in interest of any kind whatsoever, and all
such parties agree to be bound by the provisions contained herein. Except as
expressly provided herein, this Agreement does not create, and shall not be
construed as creating, any rights enforceable by any person not a party hereto.

         14. AMENDMENT.

         No amendment or variation of the terms of this Agreement shall be valid
unless made in writing and signed by the parties hereto.

         15. ENTIRE AGREEMENT.

         This Agreement represents the entire agreement between the parties
hereto with respect to the subject matter hereof.

         16. NOTICES.

         Any notice required or permitted to be given hereunder shall be in
writing and shall be mailed by first-class pre-paid mail or otherwise delivered
in person or by facsimile with hardcopy to follow by first-class pre-paid mail
at the address of such party set forth in the preamble to this Agreement or to
such other address or facsimile telephone number as the party shall have
furnished in writing to the other party.

         17. WAIVER.

         Any waiver by either party of a breach of any provision of this
Agreement shall not operate as or be construed to be a waiver of any other
breach of that provision or of any breach of any other provision of this
Agreement. The failure of a party to insist upon strict adherence to any term of
this Agreement on one or more occasions will not be considered a waiver or
deprive that party of the right thereafter to insist upon strict adherence to
that term of any other term of this Agreement.

         IN WITNESS WHEREOF, the Consulting Agreement has been executed by the
Parties as of the date first written above.

                                       6
<PAGE>

/s/ Dwaine Reese                            /s/ Parrish B. Ketchmark
------------------------------              ------------------------------------
Dwaine Reese, Chairman                      Parrish B. Ketchmark, President
GOLD BOND RESOURCES, INC.                   PARRISH BRIAN PARTNERS, INC.

                                       7

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