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Re: None

Wednesday, 06/27/2012 9:10:41 AM

Wednesday, June 27, 2012 9:10:41 AM

Post# of 25333
Mr. Ritchie shall receive a signing bonus of $10,000, have an annual salary of $240,000, and shall be reimbursed for normal business expenses incurred in the performance of his duties under the Agreement.

In addition, Mr. Ritchie shall be entitled to 150,000 Stock Purchase Warrants ("Warrants") exercisable to purchase shares in the Common Stock of the Corporation at US$1.00. The Warrants will be exercisable for a period of three (3) years and can be vested quarterly on a pro rata basis over twelve (12) months from the date of issue.

Mr. Ritchie will also be enrolled in a long term Executive Option Plan no later than three (3) months after the effective date of the Employment Agreement. Currently there are 500,000 shares funded to the plan: DOMK filing of Option Plan

Sweet deal for Mr. Ritchie - wonder how DOMK intends to fund this handsomely compensated penny stock executive with nothing more than about $6k in the bank?

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