EXHIBIT 4(b) 5
CONSULTING AGREEMENT
THIS AGREEMENT is effective as of
January 1, 2003.
BETWEEN
ChineseWorldNet.com Inc.
P.O. Box 1350, the Huntlaw Bldg.,
Fort Street, George Town
Grand Cayman, Cayman Islands
( "ChineseWorldNet.com" )
AND
GOLDPAC INVESTMENT PARTNERS LTD in B.V.
I.
( "Goldpac" )
WHEREAS ChineseWorldNet.com and Goldpac are
desirous of setting out the terms
and conditions of their service
relationship.
NOW THEREFORE THIS AGREEMENT WITNESSES that the
parties agree as follows:
1. Services
Goldpac offers consulting
services to ChineseWorldNet.com related to corporate development,
market development and technical support for the period from
January 1, 2003 to December 31, 2003.
2. Fees
Goldpac charges
ChineseWorldNet.com Inc. USD 2,000 per month for the consulting
services to be provided from January 1, 2003 to December 31,
2003.
3. Responsibilities of
Goldpac
Goldpac's duties under this
Agreement are as follows:
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(i)
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Goldpac will use its best efforts
to provide advice and support to ChineseWorldNet.com related to
market development, corporate issues and technology building during
the above said period.
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(ii)
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Goldpac will keep
ChineseWorldNet.com informed as to any problems encountered and as
to any solutions found for those proble
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