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                                                                   Exhibit 10.11

                               EMPLOYMENT CONTRACT

THIS AGREEMENT is made the 30th day of September, 2003

BETWEEN:          CONSOLIDATED WATER CO. LTD., a Cayman Islands company having
                  its registered office at Trafalgar Place, West Bay Road, P. O.
                  Box 1114GT, Grand Cayman, B.W.I. ("the Company")

AND:              PETER D. RIBBINS of P.O. Box 1114GT,
                  Grand Cayman, B.W.I. ("the Director of Public Relations")

IT IS AGREED as follows:-

EMPLOYMENT

1.                The Director of Public Relations is engaged and employed as an
                  Officer of the Company with responsibility for public
                  relations, excluding financial and investor relations, ("the
                  Capacities") commencing on the 16th day of October, 2000 but
                  subject to the termination provisions set out in Clause 15.

                  During the term of this Agreement the Board of Directors of
                  the Company ("the Board") will propose the appointment of the
                  Director of Public Relations as an Officer of the Company and
                  will vote in favor of such proposal.

REMUNERATION

2.                The salary of the Director of Public Relations is fixed until
                  October 31, 2005 at CI$50,000 per annum, payable monthly in
                  arrears, less deductions (other than for Medical Insurance)
                  and other amounts which the Company is, by law, entitled or
                  required to deduct from an employee's remuneration.

                  Thereafter, the salary of the Director of Public Relations
                  shall be as agreed between the parties hereto.

                  The Company will pay the full cost of providing Medical
                  Insurance, as generally provided for the Company's employees
                  from time to time, for the Director of Public Relations and
                  his family.

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                  The Director of Public Relations will remain as a member of
                  the pension scheme provided for the Company's employees from
                  time to time and the Company will make contributions thereto
                  on behalf of the Director of Public Relations as it is
                  required to do pursuant to the law.

3.                The Director of Public Relations' salary will be reviewed as
                  of January 1st each year by the Company's Board who may grant
                  an increase (and/or make a payment by way of bonus) but who
                  shall not reduce the Director of Public Relations' salary
                  below the level set out in Clause 2 hereof.

AREA

4.                The Director of Public Relations' work will be performed
                  mainly in West Bay, Grand Cayman.

                  The Company reserves the right to transfer the Director of
                  Public Relations to any other place of business which it may
                  establish in the Cayman Islands.

RESPONSIBILITIES

5.                Until October 31, 2005, the Director of Public Relations must
                  devote substantially the whole of his time to the Company's
                  business and must use his best endeavors to promote the
                  Company's interests and welfare.

                  Except where such information is a matter of public record or
                  when required to do so by law, the Director of Public
                  Relations must not, either before or after this Agreement
                  ends, disclose to any person any information relating to the
                  Company, its business, customers, suppliers or employees or
                  any other confidential information of which he becomes
                  possessed while acting in the Capacities.

6.                The Director of Public Relations must perform the duties
                  reasonably required of and assigned to him by the President or
                  the Board.

                  The Director of Public Relations must perform his duties under
                  this Agreement during normal business hours from Monday to
                  Friday inclusive (save on bank holidays) but he accepts that
                  his duties, which include travelling on the company's business
                  both within the

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                  Cayman Islands and abroad, may, from time to time, require
                  work to be undertaken on Saturdays, Sundays and bank and
                  public holidays.

                  The Director of Public Relations must report to the President,
                  diligently follow and implement all management policies and
                  decisions which the Board communicates to him and prepare and
                  forward in a timely manner all reports and accountings the
                  President or the Board requests.

                  The Director of Public Relations will not directly or
                  indirectly engage in any activities or work which are deemed
                  by the Board to be detrimental to the best interests of the
                  Company, provided, however, that the Company consents to the
                  Director of Public Relations continued involvement as a
                  shareholder and director of Eats Limited.

7.                In the case of inability to work due to illness or injury, the
                  Director of Public Relations must notify the Company
                  immediately and produce a medical certificate for any absence
                  longer than ten working days.

                  The Company may have the Director of Public Relations examined
                  by a doctor approved by it.

                  The Director of Public Relations agrees to submit to any
                  medical examination that the Company requires.

8.                The Director of Public Relations will be entitled to up to ten
                  (10) days sick leave per year without a medical certificate.

HOLIDAYS

9.                The Director of Public Relations is entitled, during every
                  twelve (12) month period of employment to the following
                  holidays:-

                  (a)      all public holidays in the Cayman Islands, and

                  (b)      six (6) weeks vacation at a time to be approved by
                           the President.

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REIMBURSEMENT OF EXPENSES

10.               All expenses for which the Director of Public Relations claims
                  reimbursement must be within pre-approved budgets. Subject to
                  this, the Company must reimburse the Director of Public
                  Relations for the cost of entertaining the Company's customers
                  and travelling on the Company's business on the production of
                  the necessary vouchers or on the Director of Public Relations'
                  proving to the Company's satisfaction the amount that he has
                  spent for those purposes, even though he is unable to produce
                  vouchers.

NON-SOLICITATION

11.               The Director of Public Relations must not at any time while he
                  is acting in the Capacities or afterwards either on his own
                  account or for any other person, firm or company solicit,
                  interfere with or endeavor to entice away from the Company any
                  person, firm or company who at any time during or at the date
                  when his employment ends were employees or customers of or
                  were in the habit of dealing with the Company.

COMPANY DOCUMENTS

12.               All books, records, notes, files, memoranda, reports, customer
                  lists and other documents, and all copies of them, relating to
                  the Company's business which the Director of Public Relations
                  keeps, prepares or conceives or which become known to him or
                  which are delivered or disclosed to him or by any means come
                  into his possession, and all the Company's property and
                  equipment are and will remain the Company's sole and exclusive
                  property.

                  If the Director of Public Relations' employment is terminated
                  for any reason whether voluntarily or involuntarily or if the
                  Company at any time requests, the Director of Public Relations
                  must promptly deliver to the Company the originals and all
                  copies of all relevant documents that are in his possession,
                  custody or control, and any other property belonging to the
                  Company.

TERMINATION

13.               Except as provided herein and to the extent previously
                  accrued, all rights and obligations of the Company and the
                  Director of Public Relations shall cease if any of the
                  following events occurs:-

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                  (a)      The Director of Public Relations dies.

                  (b)      The Director of Public Relations is adjudicated
                           bankrupt or makes any composition with his creditors.

                  (c)      The Director of Public Relations gives six (6) months
                           written notice to the Company to terminate this
                           Agreement.

                  (d)      with immediate effect if the Director of Public
                           Relations conducts himself in a manner which would
                           justify dismissal in accordance with the Labour Law.

                  Provided, however, that the Director of Public Relations shall
                  remain an employee of the Company during his life and be
                  entitled to participate, at his own expense, in any Medical
                  Insurance provided for the Company's Employees from time to
                  time.

NOTICES

14.               Any notice to be served under this Agreement must be in
                  writing and will be deemed duly served if, in the case of a
                  notice addressed to the Company, it is sent by registered post
                  or left at the Company's registered office, or, in the case of
                  a notice sent to the Director of Public Relations, it is
                  handed to him personally or is delivered to his last known
                  residential address in the Cayman Islands.

                  A notice sent by post will be deemed to be served on the third
                  day following the date on which it is posted.

PREVIOUS AGREEMENTS SUPERSEDED

15.               This Agreement supersedes all prior contracts and
                  understandings between the parties and may not be changed or
                  terminated orally.

                  No change or attempted waiver of any provision of this
                  Agreement will be binding unless in writing and signed by the
                  party against it is sought to be enforced.

CLAUSE HEADINGS

16.               Clause headings are included herein for convenience only and
                  have no legal effect.

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APPLICABLE LAW AND JURISDICTION

17.               This Agreement will be construed and the legal relations
                  between the parties determined in accordance with the laws of
                  the Cayman Islands and the parties agree to submit to the
                  jurisdiction of the Cayman Island's courts.

                  Whenever possible, each provision of this Agreement will be
                  interpreted in such manner as to be effective and valid, but
                  if any provision of this Agreement or the application of it is
                  prohibited or held to be invalid, that prohibition or
                  invalidity will not affect any other provision, or the
                  application of any other provision which can be given effect
                  without the invalid provision or application, and, to this
                  end, the provisions of this Agreement are declared to be
                  severable.

EXECUTED by and on behalf of                CONSOLIDATED WATER CO. LTD.
The Company by

In the presence of:-

/s/ Tracey Ebanks                           /s/ Frederick McTaggart
-----------------------------               ------------------------------------
Witness                                     Director
Tracey Ebanks                               Frederick McTaggart

EXECUTED by the
Director of Public Relations
In the presence of:-

/s/ Tracey Ebanks                           /s/ Peter Ribbins
-----------------------------               ------------------------------------
Witness                                     Peter D. Ribbins
Tracey Ebanks                               Peter Ribbins

                                       6<PAGE>
                                                                   Exhibit 10.12

                        AMENDMENT OF EMPLOYMENT CONTRACT

THIS AGREEMENT is made this 5th day of December, 2003

BETWEEN:          CONSOLIDATED WATER CO. LTD., a Cayman Islands company having
                  its registered office at Trafalgar Place, West Bay Road, P.O.
                  Box 1114 GT, Grand Cayman, BWI ("the Company")

AND:              Peter D. Ribbins of P.O. Box 1114GT, Grand Cayman, BWI ("the
                  Director of Public Relations")

WHEREAS:

         A.       The Company and the Director of Public Relations entered into
                  an employment contract dated the 30th of September 2003("the
                  Employment Contract")

         B.       The parties are now desirous of amending the same, in
                  accordance with the terms of this Agreement.

NOW IN CONSIDERATION of the mutual covenants contained herein the parties agreed
that the Employment Contract shall be amended and/or rectified as follows:

                  By adding the following paragraph as the second paragraph of
                  Clause 3; "For the financial year 2003 only, the Director of
                  Public Relations shall be granted an option to purchase for
                  cash payable in full upon the exercise of the option, a number
                  of Ordinary Shares which equals the number of US$ which
                  represents 5/6 x 1% of the net profit of the Company for the
                  2003 financial year at the closing market price of the
                  Company's Ordinary Shares on December 31, 2003. The options
                  may be exercised at any time after they are granted and before
                  the close of business on the day before the third anniversary
                  of the Auditor's Report on the financial statements for the
                  2003 financial year."

THE PARTIES HERETO have set their hands and seals the day and date first above
written.

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SIGNED AND SEALED in the presence of:)     CONSOLIDATED WATER CO. LTD.
                                     )
                                     )     /s/ Frederick McTaggart
                                     )     -------------------------------------
                                     )
/s/ Brent Santha                     )     Frederick McTaggart
-----------------------------------  )     -------------------------------
witness
Brent Santha

SIGNED AND SEALED in the presence of:)
                                     )
                                     )
                                     )
                                     )
/s/ Brent Santha                     )     /s/ Peter Ribbins
-----------------------------------  )     -------------------------------------
witness                                    Peter D Ribbins
Brent Santha

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