GLUV Corp (fka GVRP)

[janice shell]

Effective October 4, 2005, we entered into an Executive Employment
Agreement with Matthew J. Cohen, whereby Mr. Cohen will serve as our Chief
Executive Officer and Chairman of the Board of Directors for a term of three
years. For such services, Mr. Cohen will receive an annual salary of $120,000
and options to purchase an aggregate of 1,550,000 shares of our common stock an
exercise price of $0.10 cents per share, vesting equally over a three-year
period commencing on the first anniversary date of the agreement.

Not bad for a part time job with a company that as far as I can see doesn't do anything.