Document:

Form of Indemnification Agreement

 EXHIBIT 10.5 
 PHOENIX TECHNOLOGIES LTD. 
 INDEMNITY AGREEMENT 
 This Indemnity Agreement, dated as of
                    , 20    , is made between Phoenix Technologies Ltd. a Delaware corporation (the
“Company”), and                     , an officer and/or director of the Company (the “Indemnitee”). 
 RECITALS 
 A. The Company is aware
that competent and experienced persons are increasingly reluctant to serve as directors or officers of corporations unless they are protected by comprehensive liability insurance and/or indemnification, due to increased exposure to litigation costs
and risks resulting from their service to such corporations, and due to the fact that the exposure frequently bears no reasonable relationship to the compensation of such directors and officers; 
 B. Based upon their experience as business managers, the Board of Directors of the Company (the “Board”) has concluded that, to retain and
attract talented and experienced individuals to serve as officers and directors of the Company, and to encourage such individuals to take the business risks necessary for the success of the Company, it is necessary for the Company to contractually
indemnify officers and directors, and to assume for itself maximum liability for expense and damages in connection with claims against such officers and directors in connection with their service to the Company; 
 C. Section 145 of the General Corporation Law of Delaware, under which the Company is organized (“Section 145”), empowers the Company to
indemnify by agreement is officers, directors, employees and agents, and persons who serve, at the request of the Company, as directors, officers, employees or agents of other corporations or enterprises, and expressly provides that the
indemnification provided by Section 145 is not exclusive; and 
 D. The Company desires and has requested the Indemnitee to serve or
continue to serve as a director or officer of the Company free from undue concern for claims for damages arising out of or related to such services to the Company. 
 AGREEMENT 
 NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby agree as
follows: 
 1. Definitions. 
 1.1 Agent. For the purposes of this Agreement, “agent” of the Company means any person who is or was a director or officer of the Company or a subsidiary of the Company; or is or was serving at the request of, for the
convenience of, or to represent the 
  

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 interest of the Company or a subsidiary of the Company as a director or officer of another foreign or domestic
corporation, partnership, joint venture, trust or other enterprise or an affiliate of the Company; or was a director or officer of a foreign or domestic corporation which was a predecessor corporation of the Company or a subsidiary of the Company,
or was a director or officer of another enterprise or affiliate of the Company at the request of, for the convenience of, or to represent the interest of such predecessor corporation. The term “enterprise” includes any employee benefit
plan of the Company, its subsidiaries, affiliates, and predecessor corporations. 
 1.2 Expenses. For purposes of this Agreement,
“expenses” includes all direct and indirect costs of any type or nature whatsoever (including, without limitation, all attorney’s fees and related disbursements and other out-of-pocket costs) actually and reasonably incurred by the
Indemnitee in connection with the investigation, defense or appeal of a proceeding or establishing or enforcing a right to indemnification or advancement of expense under this Agreement, Section 145 or otherwise; provided, however, that
expenses shall not include any judgments, fines, ERISA excise taxes or penalties or amounts paid in settlement of a proceeding. 
 1.3
Proceeding. For the purpose of this Agreement, “proceeding,” means any threatened, pending, or completed action, suit or other proceeding, whether civil, criminal, administrative, investigative or any other type whatsoever.

 1.4 Subsidiary. For purpose of this Agreement, “subsidiary” means any corporation of which more than 50% of the
outstanding voting securities is owned directly or indirectly by the Company, by the Company and one or more other subsidiaries, or by one or more other subsidiaries. 
 2. Agreement to Serve. The Indemnitee agrees to serve and/or continue to serve as an agent of the Company, at the will of the Company (or under separate agreement, if such agreement exists), in the
capacity Indemnitee currently serves as an agent of the Company, faithfully and to the best of his ability so long as he is duly appointed or elected and qualified in accordance with the applicable provisions of the charter documents of the Company
or any subsidiary of the Company; provided, however, that Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligation that Indemnitee may have assumed apart from this Agreement) and that the Company
or any subsidiary shall have no obligation under this Agreement to continue Indemnitee in any such position. 
 3. Director’s and
Officers’ Insurance. The Company shall, to the extent that the Board determines it to be economically reasonable, maintain a policy of directors’ and officers’ liability insurance (“D&O Insurance”), on such terms
and conditions as many be approved by the Board. 
 4. Mandatory Indemnification. Subject to Section 9 below, the Company
shall indemnify the Indemnitee. 
 4.1 Third Party Actions. If the Indemnitee is a person who was or is a party or is threatened to be
made a party to any proceeding (other than an action by or in the right of the 
  

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 Company) by reason of the fact that he is or was an agent of the Company, or by reason of anything done or not done by
him in any such capacity, against any all expenses and liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties, and amounts paid in settlement) actually and reasonably incurred by him in
connection with the investigation, defense, settlement or appeal of such proceeding if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal
action or proceeding, had no reasonable cause to believe his conduct was unlawful; and 
 4.2 Derivative Actions. If the Indemnitee is
a person who was or is a party or is threatened to be made a party to any proceeding by or in the right of the Company to procure a judgment in its favor by reason of the fact that he is or was an agent of the Company, or by reason of anything done
or not done by him in any such capacity, against any amounts paid in settlement of any such proceeding and all expenses actually and reasonably incurred by him in connection with the investigation, defense, settlement, or appeal of such proceeding
if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company; except that no indemnification under this subsection shall be made in respect of any claim, issue or matter as to which
such person shall have been finally adjudged to be liable to the Company by a court of competent jurisdiction due to willful misconduct of a culpable nature in the performance of his duty to the Company, unless and only to the extent that the Court
of Chancery or the court in which such proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity
for such amounts which the Court of Chancery or such other court shall deem proper; and 
 4.3 Exception for Amounts Covered by
Insurance. Notwithstanding the foregoing, the Company shall not be obligated to indemnify the Indemnitee for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties, and
amounts paid in settlement) to the extent such have been paid directly to Indemnitee by D&O Insurance. 
 5. Partial
Indemnification. If the Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of any expense or liabilities of any type whatsoever (including, but not limited to, judgments,
fines, ERISA, excise taxes or penalties, and amounts paid in settlement) incurred by him in the investigation, defense, settlement or appeal of a proceeding but not entitled, however, to indemnification for all of the total amount thereof, the
Company shall nevertheless indemnify the Indemnitee for such total amount except as to the portion thereof to which the Indemnitee is not entitled to the indemnification. 
 6. Mandatory Advancement of Expenses. 
 6.1 Advancement. Subject to Section 9
below, the Company shall advance all expenses incurred by the Indemnitee in connection with the investigation, defense, settlement or appeal of any proceeding to which the Indemnitee is a party or is threatened to be made a party by reason of the
fact that the Indemnitee is or was an agent of the Company or by reason of 
  

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 anything done or not done by him in any such capacity. Indemnitee hereby undertakes to repay such amounts advanced only
if, and to the extent that, it shall ultimately be determined that the Indemnitee is not entitled to be indemnified by the Company under the provisions of this Agreement, the Certification of Incorporation or Bylaws of the Company, the General
Corporation Law of Delaware or otherwise. The advances to be made hereunder shall be paid by the Company to the Indemnitee within thirty (30) days following delivery of a written request therefore by the Indemnitee to the Company. 

6.2 Exception. Notwithstanding the foregoing provisions of this Section 6, the Company shall not be obligated to advance any expenses to
Indemnitee to the extent such arise from a lawsuit filed directly by the Company against the Indemnitee if an absolute majority of the members of the Board of Directors reasonably determines in good faith, within thirty (30) days of
Indemnitee’s request to be advanced expenses, that the facts known to them at the time such determination is made demonstrate clearly and convincingly that the Indemnitee acted in bad faith. If such a determination is made, Indemnitee may have
such decision reviewed by another forum, in the manner set forth in Sections 8.3, 8.4 and 8.5 hereof, with all references therein to “indemnification” being deemed to refer to “advancement of expenses”, and the burden of proof
shall be on the Company to demonstrate clearly and convincingly that, based on the facts known at the times, the Indemnitee acted in bad faith. The Company may not avail itself of this Section 6.2 as to a given lawsuit if, at any time after the
occurrence of the activities or omissions that are the primary focus of the lawsuit, the Company has undergone a change in control. For this purpose a change in control shall mean a given shareholder or group of affiliated shareholders increasing
their beneficial ownership interest in the Company by a least 20 percentage points without advance Board approval. 
 7. Notice and
Other Indemnification Procedures. 
 7.1 Promptly after receipt by the Indemnitee of notice of the commencement of or the threat of
commencement of any proceeding, the Indemnitee shall, if the Indemnitee believe that indemnification with respect thereto may be sought from the Company under this Agreement, notify the Company of the commencement or threat of commencement thereof.

 7.2 If, at the time of the receipt of a notice of the commencement of a proceeding pursuant to Section 7.1 hereof, the Company has
D&O Insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or
desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies. 
 7.3 In the event the Company shall be obligated to advance the expenses for any proceeding against the Indemnitee. The Company, if appropriate, shall be
entitled to assume the defense of such proceeding, with counsel approved by the Indemnitee, upon the delivery to the Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by the Indemnitee and
the retention of such counsel by the Company, the Company will not be liable to the Indemnitee under this Agreement for any fees of counsel 
  

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 subsequently incurred by the Indemnitee with respect to the same proceeding, provided that (a) the Indemnitee shall
have the right to employ his own counsel in any such proceeding at the Indemnitee’s expense; (b) the Indemnitee shall have the right to employ his own counsel in connection with any such proceeding, at the expense of the Company, if such
counsel serves in a review, observer, advice and counseling capacity and does not otherwise materially control or participate in the defense of such proceeding; and (c) if (i) the employment of counsel by the Indemnitee has been previously
authorized by the Company, (ii) the Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Company and the Indemnitee in the conduct of any such defense or (iii) the Company shall not, in fact, have
employed counsel to assume the defense of such proceeding, then the fees and expenses of Indemnitee’s counsel shall be at the expense of the Company. 
 8. Determination of Right to Indemnification. 
 8.1 To the extent the Indemnitee has been
successful on the merits or otherwise in defense of any proceeding referred to in Section 4.1 or 4.2 of this Agreement or in the defense of any claim, issue or matter described therein, the Company shall indemnify the Indemnitee against
expenses actually and reasonably incurred by him in connection with the investigation, defense or appeal of such proceeding, or such claim, issue or matter, as the case may be. 
 8.2 In the event that Section 8.1 is inapplicable, or does not apply to the entire proceeding, the Company shall nonetheless indemnify the
Indemnitee unless the Company shall prove by clear and convincing evidence to a forum listed in Section 8.3 below that the Indemnitee has not met the applicable standard of conduct required to entitle the Indemnitee to such indemnification.

 8.3 The Indemnitee shall be entitled to select the forum in which the validity of the Company’s claim under Section 8.2 hereof
that the Indemnitee is not entitled to indemnification will be heard from among the following: 
 (a) A quorum of the Board consisting of
directors who are not parties to the proceeding for which indemnification is being sought; 
 (b) The stockholders of the Company;

 (c) Legal counsel selected by the Indemnitee, and reasonably approved by the Board, which counsel shall make such determination in a
written opinion; or 
 (d) A panel of three arbitrators, one whom is selected by the Company, another of whom is selected by the Indemnitee,
and the last of whom is selected by the first two arbitrators so selected. 
 8.4 As soon as practicable, and in no event later than 30 days
after written notice of the Indemnitee’s choice of forum pursuant to Section 8.3 above, the Company shall, at its own expense, submit to the selected forum in such manner as the Indemnitee or the 
  

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 Indemnitee’s counsel may reasonable request, its claim that the Indemnitee is not entitled to indemnification; and
the Company shall act in the utmost good faith to assure the Indemnitee a complete opportunity to defend against such claim. 
 8.5 If the
forum listed in Section 8.3 hereof selected by Indemnitee determines that Indemnitee is entitled to indemnification with respect to a specific proceeding, such determination shall be final and binding on the Company. If the forum listed in
Section 8.3 hereof selected by Indemnitee determines that Indemnitee is not entitled to indemnification with respect to a specific proceeding, the Indemnitee shall have the right to apply to the Court of Chancery of Delaware, the court in which
that proceeding is or was pending or any other court of competent jurisdiction, for the purpose of determining whether Indemnitee is entitled to indemnification and enforcing the Indemnitee’s right to indemnification pursuant to the Agreement.

 8.6 Notwithstanding any other provision in this Agreement to the contrary, the Company shall indemnify the Indemnitee against all expenses
incurred by the Indemnitee in connection with any hearing or proceeding under this Section 8 involving the Indemnitee and against all expenses incurred by the Indemnitee in connection with any other proceeding between the Company and the
Indemnitee involving the interpretation or enforcement of the rights of the Indemnitee under this Agreement unless a court of competent jurisdiction finds that each of the material claims and/or defense of the Indemnitee in any such proceeding was
frivolous or not made in good faith. 
 9. Exceptions. Any other provision herein to the contrary notwithstanding, the Company
shall not be obligated pursuant to the terms of this Agreement: 
 9.1 Claim Initiated by Indemnitee. To indemnify or advance expenses
to the Indemnitee with respect to proceeding or claims initiated or brought voluntarily by the Indemnitee and not by way of defense, except with respect to proceedings specially authorized by the Board of Directors or brought to establish or enforce
a right to indemnification and/or advancement of expenses under this Agreement, the charter documents of the Company or any subsidiary, or any statute or law or otherwise, but such indemnification or advancement of expenses may be provided by the
Company in specific cases if the Board of Directors finds it to be appropriate; or 
 9.2 Unauthorized Settlements. To indemnify the
Indemnitee hereunder for any amounts paid in settlement of a proceeding unless the Company consents in advance in writing to such settlement, which consent shall not be unreasonably withheld; or 
 9.3 Securities Law Actions. To indemnify the Indemnitee on account of any suit in which judgment is rendered against Indemnitee for an accounting
of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of 16(b) of the Securities Exchange Act of 1934 and amendments thereto or similar provisions of any federal, state or local statutory
law; or 
  

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 9.4 Unlawful Indemnification. To indemnify the Indemnitee if a final decision by a court having
jurisdiction in the matter shall determine that such indemnification is not lawful. In this respect, the Company and the Indemnitee have been advised that the Securities and Exchange Commission takes the position that indemnification for liabilities
arising under the federal securities law is against public and is, therefore unenforceable and that claims for indemnification should be submitted to appropriate courts for adjudication. 
 10. Non-exclusivity. The provision for indemnification and advancement of expenses set forth in this Agreement shall not be deemed
exclusive of any other rights which the Indemnitee may have under any provision of law, the Company’s Certificate of Incorporation or Bylaws, the vote of the Company’s stockholders or disinterested directors, other agreements, or
otherwise, both as to action in Indemnitee’s official capacity and to action in another capacity while occupying his position as an agent of the Company, and the Indemnitee’s rights hereunder shall continue after the Indemnitee has ceased
acting as an agent of the Company and shall inure to the benefit of the heirs, executors and administrators of the Indmenitee. 
 11.
General Provisions 
 11.1 Interpretation of Agreement. It is understood that the parties hereto intend this Agreement to be
interpreted and enforced so as to provide indemnification and advancement of expenses to the Indemnitee to the fullest extent now or hereafter permitted by law, except as expressly limited herein. 
 11.2 Severability. If any provision or provisions of this Agreement shall be held to be valid, illegal or unenforceable for any reason whatsoever,
(a) the validity, legality and enforceability of the remaining provisions of the Agreement (including, without limitation, all portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or
unenforceable, that are not themselves invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby, and (b) to the fullest extent possible, the provisions of this Agreement (including, without limitation, all
portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested by
the provision held invalid, illegal or unenforceable and to give effect to Section 11.1 hereof. 
 11.3 Modification and Wavier.
No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No wavier of any of the provision of this Agreement shall be deemed or shall constitute a wavier of any other
provision hereof (whether or not similar) nor shall such waiver constitute a continuing wavier. 
 11.4 Subrogation. In the event of
payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all documents required and shall do all acts that may be necessary or desirable to secure
such rights and to enable the Company effectively to bring suit to enforce such rights. 
  

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 11.5 Counterparts. This Agreement may be executed in one or more counterparts, which shall
together constitute one agreement. 
 11.6 Successors and Assigns. The terms of this Agreement shall bind, and shall inure to the
benefit of, successors and assigns of the parties hereto. 
 11.7 Notice. All notices, requests, demands and other communications
under this Agreement shall be writing and shall be deemed duly given (a) if delivered by hand and receipted for by the party addressee or (b) if mailed by certified or registered mail with postage prepaid, on the third business day after
the mailing date. Addresses for notice to either party are as shown on the signature page of this Agreement, or as subsequently modified by written notice 
 11.8 Governing Law. This Agreement shall be governed exclusively by and construed according to the laws of the State of Delaware, as applied to contracts between Delaware residents entered into and to be
performed entirely with Delaware. 
 11.9 Consent to Jurisdiction. The Company and the Indemnitee each hereby irrevocably consent to
the jurisdiction of the courts of the State of Delaware for all purposes in connection with any action or proceeding which arises out of or relates to this Agreement. 
 The parties hereto have entered into this Indemnity Agreement effective as of the date first written above 
  

					
	THE COMPANY	 	INDEMNITEE
	Phoenix Technologies Ltd.	 	
		 	  

			
	By:	 	  
	 	

  

 8Exhibit 10.1

                         EXECUTIVE EMPLOYMENT AGREEMENT
                         ------------------------------

     THIS  EXECUTIVE  EMPLOYMENT AGREEMENT (the "Agreement") is made and entered
into  by  and  between  COMMERCE  PLANET,  INC.,  a  Utah corporation (hereafter
"Employer"  or  "Commerce"),  and  MICHAEL  HILL  (hereafter  "Employee") and is
effective  as  of  the  date  stated  below.  Employer  and  Employee  may  for
convenience  of  reference  be  collectively  referred  to  as  "Parties".

     R  E  C  I  T  A  L  S:

WHEREAS,  Employer  is  a publicly traded media company offering media products,
lead  generation  services  and  marketing  tools  to  its  client partners; and

     WHEREAS,  Employee  desires  to  become  employed  by Employer as its Chief
Executive  Officer  (the "CEO") under the following terms and the Parties desire
to  confirm  the  terms  of the employment of Employee by Employer as herein set
forth  and  hereby  enter  into  this  Agreement  effective  September  1,  2006
(hereafter  the  "Effective  Date"), which Agreement shall supersede any and all
prior  agreements  between  the  Parties;  and

NOW,  THEREFORE,  the  Parties  agree  as  follows:

1.     EMPLOYMENT.  Employer  shall  employ  Employee  as the CEO of Commerce in
       ----------
accordance with the terms and conditions herein set forth and in accordance with
Employer's  policies,  and  consistent with the laws of the State of California.

     Employee  will work on a full-time basis (five days per week, eight hours a
day),  in  fulfilling  the duties assigned to him hereunder and will continue to
spend  as  much  time  as  needed  to fulfill his duties in a successful manner.
Employee  will  work  at  the  Santa  Barbara  Corporate  Office.

2.     JOB DUTIES.  Employee's duties shall include, but are not limited to, the
       ----------
following:

     The  CEO  will  be  responsible  for the overall operation of Commerce.  In
addition  to  the overall performance, the CEO will work directly with the board
of  directors,  investors  and  shareholders  to  promote  Commerce and maximize
Commerce's  public value.  The CEO will respond to shareholder needs and work to
maximize  their investments promoting Commerce and its operations.  The CEO will
look  for  opportune  corporate  mergers,  acquisitions  and  financially  sound
investments.

2.1   EXEMPT STATUS.  Employee shall perform such duties as are necessary to the
      -------------
administration  and  management  of  Employer's  business  and  has  control and
supervision  of  that  business  during  his  employment  for  Commerce.  It  is
understood  that while Employee reports and shall be responsible to the Board of
Directors  of  Employer,  or  designee,  Employee has discretion to perform such
functions  as  he  deems  reasonably  necessary  to  the successful operation of
Employer's  business.  Accordingly,  the  Parties  understand  and  agree  that
Employee  is  "exempt"  on  both  an  executive  and  administrative basis under
applicable  California  wage  and  hour  laws.

<PAGE>

3.     TERM  AND  TERMINATION.
       ----------------------

The  initial term of Employee's employment under this Agreement will commence on
the  Effective Date and end on the first anniversary of that date (such one-year
period  is the "Initial Term").  The Initial Term, together with any extensions,
is  referred  to  herein  as  the  "Term."

This Agreement shall be subject to termination upon the occurrence of any of the
following  events:

(a)     At any time Employer and Employee mutually agree in writing to terminate
this  Agreement.

(b)     On  the  death  or  legal  incapacity  of  Employee.

(c)     If  Employee is "disabled" as defined below and if Employee's disability
continues  for  a period of more than three (3) months, his employment hereunder
will  automatically  terminate with or without formal notice from Employer.  For
purposes  of  this  Agreement,  "disability"  shall  be defined as an Employee's
inability through physical or mental illness or other cause to fully and capably
engage  in  the  management  of Employer's business operations and/or to perform
Employee's  obligation  herein  set  forth.

(d)     Employer  may  terminate  this  Agreement  and  Employee's  employment
hereunder,  for  "cause"  as  herein defined, upon sixty (60) days prior written
notice.  For  the purposes of this Agreement, "cause" shall be defined as any of
the  following:

     i)      Employee's  misappropriation  of  assets,  properties,  or funds of
Employer;  or

ii)     Employee's  conviction  of,  or  plea  of guilty or nolo contendere to a
felony  or  misdemeanor  involving  moral  turpitude.

iii)     Any  conduct that will reasonably tend to degrade Employee     or bring
Employer  into  public  hatred, contempt, or ridicule,     or tend to offend the
community  in which Employee     represents Employer, or to prejudice Employer's
position  in     the  community.  Employee acknowledges and agrees that     this
provision  is necessary to protect the profitability of     Employer's business.

(e)     In  the  event  that Employee voluntarily terminates his employment with
Employer,  Employee  shall  be entitled to receive such salary, wages, and bonus
which  have  accrued  through  the  effective  date  of  termination.

<PAGE>

3.1  AGREEMENT SURVIVES COMBINATION OR DISSOLUTION.  This Agreement shall not be
     ---------------------------------------------
terminated  by  Employer's voluntary or involuntary dissolution or by any merger
in  which  Employer is not the surviving or resulting entity, or on any transfer
of  all  or  substantially  all  of Employer's assets.  In the event of any such
merger  or transfer of assets, the provisions of this Agreement shall be binding
on  and  inure  to  the benefit of the surviving business entity or the business
entity  to  which  such  assets  shall  be  transferred.

     4.     COMPENSATION.
            ------------

4.1  ANNUAL  SALARY.  Employer  shall  pay  to  Employee during the term of this
Agreement  or  any  extension  thereof, as consideration for Employee's full and
faithful  performance  of his duties hereunder, an annual salary of $350,000 per
annum  for  the  Initial  Term  and for each Renewal Period thereafter.  Payment
shall  be made on a pro rata basis in accordance with Employer's then applicable
payroll  procedures.

          4.2   CASH  BONUS.  As additional compensation, Employee shall receive
a  bonus equal to five (5%) of Commerce's adjusted net profits under the payment
terms  below,  for  the  duration  of  Employee's  Term  with  Commerce.

i.     ADJUSTED  NET PROFITS - Calculated by taking Commerce's actual net income
and  adding  back  the  following  expenses:

a.     Investor  Relations
b.     Expenses  associated  with  the  conversion  of  Commerce's  debentures.
c.     All  expenses  associated with payment of the Executive Compensation Plan
including  cash  bonus  and  stock  issuance.

ii.     PAYMENT  DUE  DATE  -  Payment  will be due upon the close of the second
quarter  of the year and upon the fourth quarter of the year.  All payments will
be made no later than five (5) business days after the filing of Commerce's"10Q"
or  "10K"  of  the  corresponding quarter.  The effective start date for payment
eligibility will be the same date as execution of this Agreement by all parties.

iii.     PAYMENT  AMOUNT - Of the total amount due and payable upon the close of
the  second  quarter,  fifty  percent  (50%)  will  be  held in a reserve escrow
account.  The  balance of the reserve will be released to Employee no later than
five  (5) business days after the filing of the 10K including the results of the
fourth quarter, assuming that the last two quarters adjusted net profits are not
thirty (30%) percent less than the first two quarters of the year.  The reserved
funds  will  be  returned  to  Commerce  in  the  event that there is a negative
variation  greater  than  thirty  percent  (30%)  within  the  net  profits.

In  addition  to  the  reserve  amount  being  due,  the bonus for the final two
quarters  of the year will be due and payable in their full amount with no funds
held in reserve no later than five (5) business days after the filing of the 10K
which  includes  the  results  of  the  fourth  quarter.

<PAGE>

     4.3  INITIAL OWNERSHIP BONUS - The terms of the Executive Compensation Plan
dated  May  18,  2006  will  remain  in  full  force  and  effect.

          4.4  INITIAL TERM SALARY DUE IF EMPLOYEE TERMINATED WITHOUT CAUSE - In
the  event  Employee is terminated without cause (as defined above) by Employer,
Employee shall be entitled to receive any and all of his annual salary (referred
to  in  Paragraph  4.1 above) which is still due and owing under this Agreement.
Said  amount  shall be calculated from the date of Employee's termination to the
end  of  the  Initial Term of this Agreement and shall be paid no later than one
(1) month after Employee's termination date in a single lump-sum payment.  In no
event  is  this amount to be less than six (6) months of his annual salary which
equals  One  Hundred  Seventy-Five  Thousand  Dollars  ($175,000) as a severance
payment.

          4.5 SEVERANCE PAYMENT - In the event Employee is terminated with cause
(as  defined  above)  by Employer, Employee shall be entitled to receive six (6)
months  of  his  annual  salary  which  equals One Hundred Seventy-Five Thousand
Dollars  ($175,000)  as  a  severance  payment.  Said  amount  shall  be paid to
Employee  no  later  than  one  (1) month after Employee's termination date in a
single  lump-sum  payment.

          4.6  PAYMENT/ASSUMPTION OF LIABILITIES PREVIOUSLY INCURRED BY EMPLOYEE
-  Employer  acknowledges  that  Employee  has  previously  entered into various
agreements,  leases  and  other  contractual  obligations (the "Liabilities") on
behalf  of  and  for  the  benefit of Employer that subject Employee to personal
financial  liability.  Said  Liabilities  are  listed  on  Schedule  "A" to this
Agreement.  Employer  agrees to immediately assume all Liabilities that Employee
has  incurred on Employer's behalf as listed in Schedule "A."  To the extent any
Liabilities  cannot  be  immediately  paid  or  satisfied  in  full by Employer,
Employer  agrees  to place an equal amount of funds in a reserve escrow account.
Upon  the  periodic payment and satisfaction of the Liabilities by Employer, the
reserve  escrow account shall be reduced proportionately.  In the event Employee
is  terminated for any reason, with or without cause, Employee shall be entitled
to  receive  any and all funds held in the reserve escrow account as of the date
of Employee's termination.  Said funds shall be paid and released to Employee no
later  than  thirty  (30)  days after Employee's date of termination in a single
lump-sum payment in exchange for a release of liabilities.  At their discretion,
Employer  may  apply  this  reserve  as  a  direct  payment  to  the outstanding
liabilities  and  deliver a signed release from the vendor to Employee releasing
him  of  all  financial  and  legal  obligations.  This  provision  will survive
termination  of  this  Agreement.

     5.     VACATION.  Employee  shall  be  entitled  to  take  up to four weeks
            --------
(twenty  working  days)  paid  vacation/sick  leave  during  each calendar year.

6.     SICK.  Employee  shall  be  entitled to take up to two weeks (ten working
       -----
days)  of  paid  sick  leave  during  each  calendar  year.

     7.     HEALTH  INSURANCE.  Employee  and  Employee's  dependants  shall  be
            -----------------
provided with health insurance coverage or reimbursement at no cost to Employee.

<PAGE>

     8.     VEHICLE  &  RELATED  EXPENSES.  During  the  Term of this Agreement,
            -----------------------------
Employer  shall  reimburse  Employee's  monthly  car payment in an amount not to
exceed  $1,100.00  per  month.  Employer  will  also  pay  for  fuel and related
maintenances  and  repairs  for  Employee's vehicle.  Employer acknowledges that
Employee  primarily  utilizes  his  vehicle  for  work-related  purposes.

     9.     WORK-RELATED  EXPENDITURES.  Employee will be provided a credit card
            --------------------------
on  behalf  of  Commerce  to  be  utilized for work-related expenses incurred by
Employee  in  promoting  the  business  of  Employer, including expenditures for
entertainment,  gifts, and travel. An expense report based upon adequate records
and  other  documentary evidence will be required to be submitted by Employee to
Commerce  prior  to reimbursement of Employee's expenditures. Employee will also
be  entitled  to  reimbursement  in  the  event  he  is  required  to  utilize a
non-Employer  issued  credit  card  for  work-related  expenses.

     10.     OTHER  BENEFITS.  Employee  will  be entitled to participate in any
             ---------------
other  employee benefit plans which the Board of Directors of Employer may elect
to  provide  for  other employees of Commerce or Commerce's affiliated companies
and/or  divisions.

     11.     CONFIDENTIAL INFORMATION/EMPLOYER'S OWNERSHIP OF INTANGIBLES.  Upon
             ------------------------------------------------------------
termination  of his employment hereunder, Employee shall not be entitled to keep
or use any documents, files, property or information of any description acquired
by  Employee  pursuant to the performance of his duties herein and pertaining to
Employer's business, including, but not limited to, vendor information, accounts
receivable,  customer  lists,  business  and financial information, trade names,
trademarks,  service marks, or related matters, including but not limited to the
name  "Commerce".

Employee  agrees  that  he  will not, during or after the term of the Agreement,
furnish  or make accessible to any person, firm, corporation or other entity any
financial  information,  receipts,  business information, customer lists, vendor
information,  or  other  proprietary  or trade secret data (whether technical or
non-technical)  acquired  by  him  from Employer, from Employer's principals, or
from  his  co-employees,  without  the prior written consent of Employer, unless
such  information  is or shall have become public knowledge, other than by being
divulged  or  made  accessible  by  Employee.

     12.     AMENDMENTS  TO  AGREEMENT.  The  terms of Employee's employment for
             -------------------------
Employer  are  described in full in this Agreement, and there are no other terms
not contained in this Agreement. Any changes in the terms of employment shall be
deemed  valid  only  if  they  are  in  writing  and  signed  by  an  authorized
representative  of  Commerce  and  by  Employee.

     13.     NOTICES.  In  the  event that any notices are sent by either of the
             -------
parties  to  the  other,  such notices shall be in writing, and shall be sent by
registered  or  certified  mail,  return  receipt  requested,  as  follows:

<PAGE>

If  to  Employer:

          COMMERCE  PLANET,  INC.
          C/O  CHARLIE  GUGLIUZZA
          DIRECTOR  OF  BOARD
          30  S.  La  Patera  Lane,  Suite  7
          Goleta,  CA  93117

If  to  Employee:

          MICHAEL  HILL
          304  Sherwood  Drive
          Santa  Barbara,  CA  93110

     14.     ASSIGNMENT.  This  Agreement  shall  inure to the benefit of and be
             ----------
binding upon the Employer, its successors and assigns, and upon Employee and his
heirs,  executors,  administrators,  and legal representatives.  Notwithstanding
the  foregoing,  this  Agreement shall not be assignable by Employee or Employer
without  the prior written consent of the other party hereto; provided, however,
that Employer may assign all of its rights and interests under this Agreement to
any  of  its  affiliates.

     15.     GOVERNING LAW.  This Agreement shall be governed in all respects by
             -------------
the laws of the State of California.  Any and all litigation or arbitration will
occur  in  the  State  of  California,  County  of  Santa  Barbara.

     16.     ARBITRATION  -  Any  disputes  arising  from this Agreement will be
             -----------
subject to binding [JUDICIAL ARBITRATION] in the State of California, subject to
the  provisions  of  the  code  of civil procedure section 1141.10 et.sec.  Both
parties understand that by agreeing to this provision they waive their rights to
civil  litigation  and  will  submit  to  and  be  bound  by the decision of the
arbitrating  body.

17.     ATTORNEYS FEES - The parties also hereby agree that the prevailing party
        --------------
in  any
suit, action or proceeding arising out of or relating to this Agreement shall be
entitled  to reimbursement of all fees, costs and expenses, including legal fees
and  court  costs  from  the  non-prevailing  party.

     18.     COMPLETE  DOCUMENT - The terms of this Agreement written, verbal or
             ------------------
otherwise  are  all  reflected  within the pages of this document.  Any previous
understandings  will  be superseded by the terms of this Agreement. Both parties
understand  and  agree that this Agreement and the terms herein are the complete
and  sole  understandings  between  the  two  parties.

     19.     SEVERABILITY  -  If  any  of  the  terms  or provisions within this
             ------------
Agreement  are  deemed  to be invalid by a court of law or other governing body,
the  other  surviving provisions will remain in full force and effect.  Standard
contracts  law and industry business practices consistent with that of Employer,
will  be  implemented to replace and supplement any failed provisions or missing
bodies  of  law.

                       Signatures Appear on Following Page

<PAGE>

EMPLOYER                              EMPLOYEE
--------                              --------

COMMERCE  PLANET,  INC.

BY /S/  CHARLIE  GUGLIUZZA           BY /S/  MICHAEL  HILL
   -----------------------              ------------------
        CHARLIE  GUGLIUZZA                   MICHAEL  HILL
        DIRECTOR  OF  BOARD                  CHIEF  EXECUTIVE  OFFICER

BY /S/  DAVE  FOUCAR
   ---------------------
        DAVE  FOUCAR
        DIRECTOR  OF  BOARD

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