Document:

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                                                                    Exhibit 10.4

                               IP PROMOTIONS, INC.

                                                                March 20th, 2005

Stephen Patrick
3481 Lakeside Drive
Suite # 703
Atlanta,  Ga. 30326

Re:      Employment Agreement

Dear Mr. Patrick,

This letter confirms our understanding and agreement between Stephen Patrick
(Patrick) and IP Promotions, Inc. ("IP Promotions or the Company") with regard
to all matters described below, including, without limitation, the matters
described in the paragraph 1 as follows:

1. IP Promotions hereby engages Patrick as the Company's President and Chief
Executive Officer and to serve as a member of the Board of Directors of IP
Promotions Inc.,

2. Patrick hereby accepts the engagement described in paragraph 1 and, in
connection with such engagement agrees to:

         (a) To faithfully and to the best of his abilities serve as the
         President and Chief Executive Officer of IP Promotions, Inc; and

         (b) to faithfully serve as a member of the Board of Directors of IP
         Promotions and to act in the best interest of the company; and

         (c) to supervise the completion of the company's audit for the purposes
         of filing a registration statement with the SEC; and

         (d) to supervise the preparation and filing of a Registration statement
         and subsequently required quarterly and annual reports with the SEC;
         and

         (e) to manage the Company, its employees and customers within and
         outside the United States,

3. The Board of Directors of IP Promotions Inc. shall make available to Patrick
all information concerning the business of IP Promotions Inc. which Patrick
reasonably requests in connection with the performance of his obligations
hereunder. All such information provided by or on behalf of the Patrick shall be
complete and accurate and not misleading in all material respects, and Patrick
may rely upon the accuracy and completeness of all such information without
independent verification.

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4. As compensation for the services rendered by Patrick hereunder, the Company
shall pay Patrick as follows:

         (a) Upon the signing of this Employment and Compensation Agreement IP
         Promotions Inc. shall issue Patrick 1,00,000 shares of its common stock
         in return for past services provided to IP Promotions, Inc. and duties
         performed; and

         (b) Upon receipt of adequate funds IP Promotions Inc. shall pay Patrick
         $25,000 for past services provided to IP Promotions, LLC. pursuant to
         the engagement letter that exists between Patrick and IP Promotions,
         LLC which was adopted by IP Promotions, Inc. by board resolution; and

         (c) Upon the signing of this agreement, the Company shall pay Patrick
         an annual salary of $100,000 per year ; and

         (d) Upon the declaration of the Company's registration statement as
         "effective" by the SEC, the Company shall issue Patrick 100,000 shares
         of the Company's common stock; and

         (e) Upon the Company obtaining a listing of its common stock to that of
         a major stock exchange either the OTC BB, American Stock Exchange, New
         York Stock Exchange or the NASDAQ market, the Company shall issue
         Patrick 500,000 shares of the Company's common stock; and

         (f) The shares of the Company's common stock issued to Patrick in 4(a),
         4(d), and 4(e) shall carry "piggy back" registration rights allowing
         their inclusion in the shares to be registered should an appropriate
         registration statement be planned, or "demand registration" rights for
         registration via an S-8 Registration statement that Patrick shall pay
         the expense of should he decide to exercise such "demand registration"
         rights.

5. In addition to any fees paid pursuant to paragraph 4 herein, the Company
shall reimburse Patrick for all reasonable out-of-pocket expenses incurred
during the term of this engagement hereunder with respect to the services to be
rendered by Patrick. Furthermore, any expenses beyond travel and entertainment
expenses shall be approved in writing, by the Board of Directors prior to
expenditure.

6. In consideration of Patrick's services contemplated hereby, IP Promotions
agrees to: (a) indemnify and hold harmless Patrick against any and all losses,
claims, damages or liabilities to which Patrick may become subject arising in
any manner out of or in connection with the rendering of services by Patrick
hereunder, unless it is finally judicially determined by a court of competent
jurisdiction that such losses, claims, damages or liabilities resulted directly
from the negligence, bad faith, or willful misconduct of Patrick; and (b)
reimburse Patrick immediately for all reasonable legal or other expenses
reasonably incurred and actually paid by Patrick in connection with
investigating, preparing to defend or defending any lawsuits, claims or other
proceedings naming him as a defendant and arising in any manner out of or in
connection with the rendering of services by Patrick hereunder.

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7. IP Promotions Inc. agrees: (a) that the indemnification and reimbursement
commitments set forth in paragraph 6 shall apply whether or not Patrick is a
formal party to any such lawsuits, claims or other proceedings; and (b) that if
Patrick is advised in writing by counsel that there are one or more defenses
available to him that are different from in addition to those available to IP
Promotions Inc., that Patrick is entitled to retain separate counsel of his
choice in connection with any of the matters to which such commitments relate.

8. IP Promotions, Inc. and Patrick agree that if any indemnification or
reimbursement sought pursuant to paragraph 6 judicially determined to be
unavailable for a reason other than the negligence, bad faith or willful
misconduct of Patrick, then IP Promotions Inc. shall contribute to the losses,
claims, damages, liabilities and expenses for which such indemnification or
reimbursement is held unavailable (I) in such proportion as is appropriate to
reflect the relative benefits to IP Promotions Inc. on the one hand, and Patrick
on the other hand, in connection with the transactions to which such
indemnification or reimbursement relates, or (ii) if the allocation provided by
clause (I) above is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in clause (1)
but also the relative faults of IP Promotions Inc. on the one hand, and Patrick
on the other hand, as well as any other equitable considerations; PROVIDED,
HOWEVER, that in no event shall the amount to be contributed by Patrick pursuant
to this paragraph exceed the amount of fees actually received by Patrick
hereunder.

9. Except as contemplated by the terms hereof or as required by applicable law
or pursuant to an order entered or subpoena issued by a court of competent
jurisdiction, Patrick shall keep confidential all material non-public
information provided to it by IP Promotions Inc. and shall not disclose such
information to any third party, other than such of its advisors as Patrick
determines to have a need to know.

10. This engagement will extend for twelve months from the date hereof and shall
renew automatically thereafter on a month-to-month basis unless either party has
given at least thirty (30) days' prior written notice to the other that it
desires to terminate this engagement; PROVIDED, HOWEVER, that in the event of
such termination, IP Promotions, Inc. shall be responsible for the reimbursement
of expenses referred to in paragraph 5 incurred through date of termination and
the payment of fees under paragraph 4 for transactions of the type contemplated
by this agreement which are concluded during the term hereof or within or within
two (2) years after the day of termination; and provided, further, that the
provisions of paragraphs 6, 7, and 8 shall survive the termination of this
letter and shall be binding upon any successors or assigns of IP Promotions,
Inc.

         (a) In the event that IP Promotions, Inc. shall decide to terminate
         this Employment and Compensation Agreement after a Registration
         Statement has been filed with the SEC, but prior to its being declared
         effective, then IP Promotions, Inc. shall immediately cause to be
         issued the shares specified in Item 4(d).

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         (b) In the event that IP Promotions, Inc. shall decide to terminate
         this Employment and Compensation Agreement after an application has
         been made to upgrade the quality of listing of the Company's common
         stock, but prior to its being declared effective, then IP Promotions,
         Inc. shall immediately cause to be issued the shares specified in Item
         4(e).

         (c) In the event that IP Promotions, Inc. shall decide to terminate
         this Employment and Compensation Agreement prior to its expiration,
         then registration rights specified in Item 4(f) shall remain in effect.

         (d) In the event that IP Promotions, Inc. shall decide to terminate
         this Employment and Compensation Agreement prior to its expiration,
         then IP Promotions, Inc. shall immediately pay Patrick two (2) months
         salary as specified in Item 4(b).

         (e) In the event that Patrick shall decide to terminate this Employment
         and Compensation Agreement prior to its termination, then the
         registration rights specified in Item 4(e) shall remain in effect, the
         company shall pay Patrick two (2) months salary as specified in Item
         4(b), however the rights to any un-issued shares shall be forfeited.

11. The terms and provisions of this letter are solely for the benefit of IP
Promotions, Inc. and Patrick and their respective successors, assigns, heirs and
personal representatives, and no other person shall acquire or have any right by
virtue of this letter. This letter shall be governed by, and construed in
accordance with, the substantive laws of the State of Georgia without regard to
the principle of conflicts of law, and may be amended, modified or supplemented
only by written instrument executed by parties hereto.

12. The invalidity or enforceability of any provision of this letter shall not
affect the validity or enforceability of any other provisions of this letter,
which shall remain in full force and effect.

13 This letter may be executed in counterparts, all of which together shall
constitute one agreement binding on all the parties hereto, not withstanding
that all such parties are not signatories to the original or the same
counterpart.

Agreed to & Accepted,                       Agreed to & Accepted,
March 20th,  2005                           March 20th,  2005
                                            On Behalf of IP Promotions, Inc.

/S/ Stephen Patrick                         /S/ John Rocker
---------------------------                 ----------------------------------
Stephen Patrick                             John Rocker
(an Individual)                             Chairman of the Board

                                       4<PAGE>

                                                                    Exhibit 10.5

                               IP PROMOTIONS, INC.

                                                                March 24th, 2005
Matt Petterson
286B Peeachtree Hills Ave
Atlanta, GA 30305

Re:      Employment & Compensation Agreement

Dear Mr. Petterson:

This letter confirms our understanding and agreement between Matt Peterson
(Peterson) and IP Promotions, Inc. ("IP Promotions or the Company") with regard
to all matters described below, including, without limitation, the matters
described in the paragraph 1 as follows:

1. IP Promotions hereby engages Peterson as the Company's Chief Technology
officer and to serve as a member of the Board of Directors of IP Promotions Inc.

2. Peterson hereby accepts the engagement described in paragraph 1 and, in
connection with such engagement agrees to:

         (a) to faithfully and to the best of his abilities serve as the Chief
         Technology Officer of IP Promotions, Inc.

         (b) to faithfully serve as a member of the Board of Directors of IP
         Promotions and to act in the best interest of the company; and

         (c) to supervise the development of the company's online technology,

         (d) to supervise the creation of the budget for the technology relating
         purchases that IP Promotions, Inc. will be making subsequent to the
         completion of its registered dividend transaction,

         (e) to manage all aspects of the company's online presence as well as
         all technological assets of the company,

         (f) to be ultimately responsible for all aspects of business of and
         pertaining to the technology of IP Promotions Inc. including
         operations, finance and relationships.

         (g) to manage and supervise IP Promotions activities as they pertain to
         web design, web hosting, search engine optimization, affiliate program
         management, and online advertising, sales, buying and management.

         (h) The company may terminate this agreement for failure to perform
         above of the stated duties.

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3. The Board of Directors of IP Promotions Inc. shall make available to Peterson
all information concerning the business of IP Promotions Inc. which Peteson
reasonably requests in connection with the performance of his obligations
hereunder, including all financial information and forecasts that Peterson deems
relevant. All such information provided by or on behalf of the Peterson shall be
complete and accurate and not misleading in all material respects, and Peterson
may rely upon the accuracy and completeness of all such information without
independent verification.

4. As compensation for the services rendered by Peterson hereunder, the Company
shall pay Peterson as follows:

         (a) IP Promotions Inc. shall issue Peterson 200,000 Class A Warrants,
         and

         (b) Upon the receipt of sufficient funds, IP Promotions Inc. shall pay
         Peterson an annual salary of $40,000, and any monies due him for work
         completed prior to this agreeement. This includes any design or
         advising work that was done by Peterson for IP Promotions, Inc. that
         went unpaid at the time of service; and

         (c) IP Promotions, Inc. shall pay Peterson 40% of the net profits on
         his work as it pertains to web design/hosting, search engine
         optimization, and affiliate program management; and

         (d) Upon the company obtaining a listing for its common shares on a
         major stock exchange either the American Stock Exchange, New York Stock
         Exchange or the NASDAQ market, the Company shall issue Peterson 500,000
         shares of the Company's common stock; and

         (e) The shares of the Company's common stock issued to Peterson in
         4(a), and 4(d) shall carry "piggy back" registration rights allowing
         their inclusion in the shares to be registered should an appropriate
         registration statement be planned, or "demand registration" rights for
         registration via an S-8 Registration statement that Peterson shall pay
         the expense of should he decide to exercise such "demand registration"
         rights.

         (f) The company further agrees to compensate Peterson in a manner
         consistent with his contribution should he develop new technologies or
         revenue generating business units at any time in the future. The
         specific amount of that compensation will be agreed to should the
         situation arise.

5. In addition to any fees paid pursuant to paragraph 4 herein, the Company
shall reimburse Peterson for all reasonable out-of-pocket expenses incurred
during the term of this engagement hereunder with respect to the services to be
rendered by Peterson. Furthermore, any expenses beyond travel and entertainment
expenses shall be approved in writing, by the Board of Directors prior to
expenditure.

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6. In consideration of Peterson's services contemplated hereby, IP Promotions
agrees to: (a) indemnify and hold harmless Peterson against any and all losses,
claims, damages or liabilities to which Peterson may become subject arising in
any manner out of or in connection with the rendering of services by Peterson
hereunder, unless it is finally judicially determined by a court of competent
jurisdiction that such losses, claims, damages or liabilities resulted directly
from the negligence, bad faith, or willful misconduct of Peterson; and (b)
reimburse Peterson immediately for all reasonable legal or other expenses
reasonably incurred and actually paid by Peterson in connection with
investigating, preparing to defend or defending any lawsuits, claims or other
proceedings naming him as a defendant and arising in any manner out of or in
connection with the rendering of services by Peterson hereunder.

7. IP Promotions Inc. agrees: (a) that the indemnification and reimbursement
commitments set forth in paragraph 6 shall apply whether or not Peterson is a
formal party to any such lawsuits, claims or other proceedings; and (b) that if
Peterson is advised in writing by counsel that there are one or more defenses
available to him that are different from in addition to those available to IP
Promotions Inc., that Peterson is entitled to retain separate counsel of his
choice in connection with any of the matters to which such commitments relate.

8. IP Promotions, Inc. and Peterson agree that if any indemnification or
reimbursement sought pursuant to paragraph 6 judicially determined to be
unavailable for a reason other than the negligence, bad faith or willful
misconduct of Peterson, then IP Promotions Inc. shall contribute to the losses,
claims, damages, liabilities and expenses for which such indemnification or
reimbursement is held unavailable (I) in such proportion as is appropriate to
reflect the relative benefits to IP Promotions Inc. on the one hand, and
Peterson on the other hand, in connection with the transactions to which such
indemnification or reimbursement relates, or (ii) if the allocation provided by
clause (I) above is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in clause (1)
but also the relative faults of IP Promotions Inc. on the one hand, and Peterson
on the other hand, as well as any other equitable considerations; PROVIDED,
HOWEVER, that in no event shall the amount to be contributed by Peterson
pursuant to this paragraph exceed the amount of fees actually received by
Peterson hereunder.

9. Except as contemplated by the terms hereof or as required by applicable law
or pursuant to an order entered or subpoena issued by a court of competent
jurisdiction, Peterson shall keep confidential all material non-public
information provided to it by IP Promotions Inc. and shall not disclose such
information to any third party, other than such of its advisors as Peterson
determines to have a need to know.

10. This engagement will extend for twelve months from the date hereof and shall
renew automatically thereafter on a month-to-month basis unless either party has
given at least thirty (30) days' prior written notice to the other that it
desires to terminate this engagement; PROVIDED, HOWEVER, that in the event of
such termination, IP Promotions, Inc. shall be responsible for the reimbursement
of expenses referred to in paragraph 5 incurred through date of termination and
the payment of fees under paragraph 4 for transactions of the type contemplated
by this agreement which are concluded during the term hereof or within or within
two (2) years after the day of termination; and provided, further, that the
provisions of paragraphs 6, 7, and 8 shall survive the termination of this
letter and shall be binding upon any successors or assigns of IP Promotions,
Inc.

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<PAGE>

         (a) In the event that IP Promotions, Inc. shall decide to terminate
         this Employment and Compensation Agreement after an application has
         been made to upgrade the quality of listing of the Company's common
         stock, but prior to its being declared effective, then IP Promotions,
         Inc. shall immediately cause to be issued the shares specified in Item
         4(d).

         (c) In the event that IP Promotions, Inc. shall decide to terminate
         this Employment and Compensation Agreement prior to its expiration,
         then registration rights specified in Item 4(e) shall remain in effect.

         (d) In the event that IP Promotions, Inc. shall decide to terminate
         this Employment and Compensation Agreement prior to its expiration,
         then IP Promotions, Inc. shall immediately pay Peterson two (2) months
         salary as specified in Item 4(b).

         (e) In the event that Peterson shall decide to terminate this
         Employment and Compensation Agreement prior to its termination, then
         the registration rights specified in Item 4(e) shall remain in effect,
         the company shall pay Peterson two (2) months salary as specified in
         Item 4(b), however the rights to any un-issued shares shall be
         forfeited.

11. The terms and provisions of this letter are solely for the benefit of IP
Promotions, Inc. and Peterson and their respective successors, assigns, heirs
and personal representatives, and no other person shall acquire or have any
right by virtue of this letter. This letter shall be governed by, and construed
in accordance with, the substantive laws of the State of Georgia without regard
to the principle of conflicts of law, and may be amended, modified or
supplemented only by written instrument executed by parties hereto.

12. The invalidity or enforceability of any provision of this letter shall not
affect the validity or enforceability of any other provisions of this letter,
which shall remain in full force and effect.

13 This letter may be executed in counterparts, all of which together shall
constitute one agreement binding on all the parties hereto, not withstanding
that all such parties are not signatories to the original or the same
counterpart.

Agreed to & Accepted,                                Agreed to & Accepted
May 24th, 2005                                       May 24th, 2005

/S/ Stephen Patrick                                  /S/ Matt Petterson
-------------------                                  ------------------
Stephen Patrick                                      Matt Petterson
President, CEO

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