Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - MERIDIAN CO., LTD. - Exhibit 4.1

 Exhibit 4.1 

 COMPLIANCE AGREEMENT (renewed) 

THIS COMPLIANCE AGREEMENT is made effective this 1st day of April, 2005 by and; 

BETWEEN: 

  
     MR. SCOTT YONGGI LEE of 612 3033 East Kent Ave. North, Vancouver, Canada
      V5S 4P7 (hereinafter referred to as “CONSULTANT”) 

  

AND: 

  
     MERIDIAN CO., LTD., of 4F, Heungseong Bldg., 197-3, Jamsilbon-dong,
      Songpa-gu Seoul, Republic of Korea (hereinafter referred to as “MERIDIAN”)
      

  

WHEREAS: 

	 A.      	 MERIDIAN is engaged in the research, development, manufacturing and sales
      of medical devices mainly for the Oriental and Natural/Alternative Medicine;
    
	 
	 B.      	 CONSULTANT is a consultant providing professional corporate securities
      services in the North America market; and 
	 
	 C.      	 MERIDIAN considers it to be in its best interest to engage CONSULTANT
      to receive regulatory services to it on the terms and subject to the conditions
      hereinafter set forth. 

NOW THEREFORE THIS AGREEMENT WITNESS THAT the parties mutually agree as follows: 

1. ENGAGEMENT 

	 1.1      	 Subject to the terms and conditions hereof, MERIDIAN hereby engages CONSULTANT
      to receive the regulatory services set out in Section 2.1 hereof (the “Services”).
    
	 
	 1.2      	 CONSULTANT’s obligation to perform the Services shall commence
      following the completion of the list of the Services, and will continue
      from the Effective Date until terminated in accordance with Article 4 hereof
      (the “Term”). 

2. SERVICES 

	 2.1      	
CONSULTANT shall perform the Services so as to comply with all applicable securities legislation, the rules and policies of the SEC and NASDAQ OTC and all of the applicable law and regulation. The Services would include:	
	 

	 	 a.      	 Prepare and file Quarterly report to SEC 
	 
	 	 b.      	 Prepare and file Annual report to SEC 
	 
	 	 c.      	 All other necessary financial and non-financial reports SEC and NASD
    
	 
	 	 d.      	 Prepare the necessary information documents or packages requested by
      MERIDIAN 

3. CONSIDERATION 

	 3.1      	 In consideration for the Services, MERIDIAN shall pay CONSULTANT the
      minimum monthly retainer of $6,000 US or number of the MERIDIAN’s
      common shares equivalent to the value of $6,000 US ($0.20 US per
      share) invoiced in advance each month. 
	 
	 3.2      	 All expenses and costs other than regular monthly service fee shall be
      paid by cash or number of the MERIDIAN’s common shares equivalent
      to the total amount. 

4. TERMINATION AND RENEWAL 

	 4.1      	
This agreement may be terminated by MERIDIAN upon the occurrence of any default by CONSULTANT by giving written notice to CONSULTANT by giving written notice to CONSULTANT specifying the nature of the default. A default will be defined as the
occurrence of any one ore more of the following:	
	 

	 	 a.      	 CONSULTANT fails to perform any of the Services in the manner or within
      the time required herein or commits or permits a breach of or default in
      any of CONSULTANT’s covenants, duties or obligations hereunder; or
    
	 
	 	 b.      	 MERIDIAN acting reasonably determines that CONSULTANT or any of its principals,
      directors, officers, agents or employees has acted, is acting or is likely
      to act in a manner detrimental to MERIDIAN or has violated the confidentiality
      of any information as provided for in this agreement. 
	 

	 4.2      	 Upon termination of this agreement for any reason, CONSULTANT will deliver
      to MERIDIAN all documents pertaining to MERIDIAN or its business, including
      but not limited to all correspondence, reports, contracts, data bases related
      to MERIDIAN and anything included in the definition of “Work Product”
      set out in Section 5.1 hereof. 
	 
	 4.3      	 This agreement may be renewed for consecutive one year terms, on an annual
      basis, as agreed to by both parties at the end of the Term. 

5. CONFIDENTIALITY 

	 5.1      	 All reports, documents, concepts and products together with any business
      contracts or any business opportunities prepared, produced, developed or
      acquired by CONSULTANT, directly or indirectly, in connection with CONSULTANT
      performing the Services (collectively, the “Work Product”) will
      belong exclusively to MERIDIAN which will be entitled to all rights, interest,
      profits or benefits in respect thereof. 
	 
	 5.2      	 No copies, summaries or other reproductions of any Work Product shall
      be made by CONSULTANT without the express permission of MERIDIAN, provided
      that CONSULTANT is given permission to maintain one copy of the Work Product
      for its own use. 
	 
	 5.3      	 CONSULTANT will not disclose any information, documents or Work Product
      which is developed by CONSULTANT or to which CONSULTANT may have access
      by virtue of its performance of the Services to any person not expressly
      authorized by MERIDIAN for that purpose. CONSULTANT will comply with such
      directions as MERIDIAN may make to ensure the safeguarding or confidentiality
      of all such information, documents and Work Product. 
	 
	 5.4      	 CONSULTANT may not disseminate nor distribute to the media, members of
      the public, shareholders of MERIDIAN, prospective investors, members of
      the investment or brokerage community, securities regulators or any other
      third party any of the Work Product or any other written or printed information
      about MERIDIAN or its business, without MERIDIAN first reviewing and approving
      the Work Product or other information prior to dissemination or distribution.
    

6. LAW 

	 6.1      	
This agreement shall be governed by and construed in accordance with the laws of the Republic of Korea and the parties hereby irrevocably attorn to the courts of such country.	
	 

IN WITNESS THEREOF, the parties above have caused this Agreement to be duly executed, as of the day and year set out below. 

SCOTT YONGGI LEE 

	______________________	______________________
	 	 Date  

MERIDIAN CO., LTD.,  

	 By:  	____________________________ 	_______________________ 
	  	 Hyeon Seong Myeong, CEO/President  	 DateFiled by Automated Filing Services Inc. (604) 609-0244 - MERIDIAN CO., LTD. - Exhibit 4.2

 Exhibit 4.2 

 Corporate Consulting Service Agreement. (renewed)
  

 The following constitutes an agreement (the “Agreement”)
  between Anna Brazier. (“Consultant”), 3375 West 8th Ave., Vancouver,
  BC, Canada V6X 3B7 and MERIDIAN CO., LTD., (hereinafter referred to as the "Client"):

	 CLIENT:  	 Meridian Co., Ltd.  
	 ADDRESS:  	 4F, Heungseong Bldg., 197-3, Jamsilbon-dong, Songpa-gu  
	 CITY/STATE/ZIP:  	 Seoul  
	 CONTACT PERSON:      
    	 Republic of Korea  
	 TELEPHONE:  	 82-2-2103-3300  

 CONSULTANT hereby agrees to perform corporate consulting and
  advisory services for the Client in conjunction with the development of corporate
  structure in US upon the fully negotiated terms and conditions set forth herein.
  Both parties agree that the terms and conditions of this agreement shall
  remain confidential unless otherwise agreed to in writing. In consideration
  of mutual promises made herein and for other good and valuable consideration,
  the sufficiency of which are hereby acknowledged by CONSULTANT and Client, both
  parties agree as follows: 

 1. Duties of CONSULTANT: CONSULTANT will
  provide the services as outlined below. (The services are subject to change
  with consent of the client should CONSULTANT find a more effective strategy.)
  These services are:

	(a) 	“Management Consulting” provide
        the management consulting in order for the Client to enhance as a public
        company in US: 

	 	

	-	 Developing organizational reviews, including business
        process reengineering, best practices studies, job task analysis 

	-	 Developing and supervising management audits 

	-	 Providing organizational strategies 

	-	 Developing management techniques required to strengthen
        the overall organization, policy analysis, program design and general
        management and technical assistance 

	 

	(b) 	“Press and Public Relations ” - North American media programs:
      

	 	 
	-	 Press releases 
	-	 Media alerts 
	-	 Speeches and presentations 
	-	 Press kits 
	-	 Press conferences 
	-	 Distribution of press materials 
	-	 Scheduling broadcast and/or print interviews 
	-	 Media buying services 

	 	 
	(c)	“Consulting on Corporate Activities in US”
        - provide the Client the regulatory and financial advices regarding the
        business in US. 

	 	 
	-	 Business expansion in US 
	-	 Corporate regulatory in North America 
	-	 Business networking building 

 2. Optional Services:

	(a)	“Consulting on Corporate Activities in Europe”
        - provide the Client the regulatory and financial advices regarding the
        business in Europe. 

	 	

	-	 Business expansion in Europe 

	-	 Corporate regulatory in Europe 

	-	 Business networking building 

	-	 Subsidiary building in Europe 

 3. Client to Provide Information: Client
  agrees to provide CONSULTANT with any information and documents as may be requested
  by CONSULTANT in connection with the services to be performed for Client. The
  Client shall be solely responsible for the accuracy of the information and representations
  contained in any documents to be prepared by CONSULTANT on behalf of Client.

 4. Compensation: Client shall provide
  the minimum monthly retainer of $12,000 USD (or the equivalent amount of
  the Client’s stocks at $0.20 USD per share) invoiced in advance each
  month 

	 (a)      	 Client shall provide the minimum monthly retainer
        of $12,000 USD (or the equivalent amount of the Client’s stocks
        at $0.20 USD per share) invoiced in advance each month 

	 

 

	 (b)      	 Client shall provide $10,000 USD (or the equivalent amount of the
      Client’s stocks at $0.20 USD per share) for the Optional Service
      described in Section 2. 

 5. Indemnification: Client and CONSULTANT
  hereby agree to indemnify and hold harmless each other, their partners, employees,
  agents, representatives, assigns, and controlling persons (and other officers,
  directors, employees, agents, representatives, assigns and controlling persons
  of each of them) from any and all losses, claims, damages, liabilities, costs,
  and expenses (and all other actions, suits, proceedings, or claims in respect
  thereof) and any legal or other expenses in giving testimony or furnishing documents
  in response to a subpoena or otherwise (including, without limitation, the cost
  of investigating, preparing or defending any such action, suit, proceeding,
  or claim, whether or not in connection with any action, suit, proceeding or
  claim for which they are a party), as and when incurred, directly or indirectly,
  caused by, relating to, based upon or arising out of the services pursuant to
  this agreement so long as the other party has not committed intentional or willful
  misconduct, or shall not have acted grossly negligent, in connection with the
  services which form the basis of the claim for indemnification. The parties
  further agree that neither party shall incur any liability on a count of this
  agreement or any acts or omissions arising out of or relating to this agreement
  except for such parties intentional or willful misconduct. This paragraph shall
  survive the expiration or termination of this agreement. 

 Please Initial:_____________ Client also expressly
  indemnifies CONSULTANT for any future liabilities, either administrative, civil,
  or criminal related to the improper use by Client or its assigns of any and
  all documentation that is provided to Client by CONSULTANT pursuant to this
  Agreement. 

 Please Initial:_____________ Client hereby further
  agrees to indemnify CONSULTANT against any action, suit, claim or proceeding,
  whether civil, criminal or administrative, and against any fine, cost, levy,
  expense, judgment or award arising therefrom (collectively a “Claim”),
  in which CONSULTANT may be involved (whether as a witness or a party) as a result
  of any application or document filed or processed by CONSULTANT, on the Client’s
  behalf, which contains any false or misleading statement or omission of material
  fact or which, other than through gross negligence of CONSULTANT, violates any
  statute, rule or order of any Federal, state or self-regulatory authority. Client
  agrees that CONSULTANT shall have no responsibility to verify the accuracy or
  adequacy of any statement, document, fact or information provided to CONSULTANT
  by Client or Client’s attorney, accountant, representative or agents.
  

 6. Independent Contractor Status: CONSULTANT
  shall perform its services under this contract as an independent contractor
  and not as an employee of Client or an affiliate thereof. It is expressly understood
  and agreed to by the parties hereto that CONSULTANT shall have no authority
  to act for, or represent or bind Client or any affiliate thereof in any manner,
  except as provided for expressly in this Agreement or in writing by Client.

 7. Amendment and Modification: Subject
  to applicable law, this Agreement may be amended, modified or supplemented only
  by a written agreement signed by both parties. No oral modifications to this
  Agreement may be made. 

 8. Entire Agreement: This Agreement contains
  the entire understanding between and among the parties and supersedes any prior
  understandings and agreements among them respecting the subject matter of this
  Agreement. The failure by CONSULTANT to insist on strict performance of any
  term or condition contained in this Agreement shall not be construed by Client
  as a waiver, at any time, of any rights, remedies or indemnifications, all of
  which shall remain in full force and effect from time of execution through eternity.

 9. Agreement Binding: This Agreement
  shall be binding upon the heirs, executors, administrators, successors and permitted
  assigns of the parties hereto. Client shall not assign its rights or delegate
  its duties under any term or condition set forth in this Agreement without the
  prior written consent of CONSULTANT. 

 10. Severability: If any provision of
  this Agreement is held to be illegal, invalid or unenforceable under present
  or future laws effective during the term hereof, such provision shall be fully
  severable and this Agreement shall be construed and enforced as if such illegal,
  invalid or unenforceable provision never comprised a part hereof; and the remaining
  provisions hereof shall remain in full force and effect and shall not be affected
  by the illegal, invalid or unenforceable provision or by its severance herefrom.
  Furthermore, in lieu of such illegal, invalid and unenforceable provision, there
  shall be added automatically as part of this Agreement a provision as similar
  in nature in its terms to such illegal, invalid or unenforceable provision as
  may be legal, valid and enforceable. 

 11. Governing Law: This Agreement shall
  be governed by the laws of the Province of British Columbia, and the venue for
  the resolution of any dispute arising thereof shall be in Province of British
  Columbia. 

 IN WITNESS THEREOF, the parties above have caused this
  Agreement to be duly executed, as of the day and year set out below. 

MERIDIAN CO., LTD. 

	 

		
By: 
		______________________________________ 	_______ 
	 

		 

		
Hyeon Seong Myeong, Chief Executive Officer 
		
Date 
	
	 

	
	 

	
	
ANNA BRAZIER 
		 

		 

		 

	
	 

	
	 

	
	 

		
By: 
		______________________________________ 	_______ 
	 

		 

		 

		
Date

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