EXECUTIVE EMPLOYMENT
AGREEMENT
This EXECUTIVE
EMPLOYMENT AGREEMENT (the “ Agreement ”) dated
January 29, 2009 by and between West Canyon Energy Corp., a Nevada
corporation (the “ Company ”), and Felipe
Pimenta Barrios, an individual (the “ Executive
”).
The
Company desires to employ the Executive, and the Executive wishes
to accept such employment with the Company, upon the terms and
conditions set forth in this Agreement.
NOW
THEREFORE, in consideration of the foregoing facts and mutual
agreements set forth below, the parties, intending to be legally
bound, agree as follows:
1.
Employment . The Company hereby agrees to employ Executive,
and Executive hereby accepts such employment and agrees to perform
Executive’s duties and responsibilities in accordance with
the terms and conditions hereinafter set forth.
1.1
Duties and Responsibilities . Executive shall serve as Chief
Financial Officer and a Director of the Company. During the
Employment Term (as defined below), Executive shall perform all
duties and accept all responsibilities incident to such positions
and other appropriate duties as may be assigned to Executive by the
Company’s Board of Directors from time to time. The Company
shall retain full direction and control of the manner, means and
methods by which Executive performs the services for which she is
employed hereunder and of the place or places at which such
services shall be rendered.
1.2
Employment Term . The term of this Agreement shall commence
effective as of December 1, 2008 (the “ Effective Date
”) and shall continue to December 1, 2009 (the “
Employment Term ”).
1.3
Extent of Service . During the Employment Term, Executive
agrees to use Executive’s best efforts to carry out the
duties and responsibilities under Section 1.1 hereof and shall
devote such time Executive deems is reasonably necessary to perform
his duties hereunder.
1.4
Base Salary . The Company shall pay Executive a base salary
(the “ Base Salary ”) at the monthly rate of
$4,000 (U.S.), payable monthly.
1.5
Compensation Shares . As compensation for agreeing act as a
director and officer of the Company and enter into this Agreement,
the Executive shall receive 500,000 restricted shares of common
stock of the Company (the “ Compensation Shares
”). Upon each annual renewal of this Agreement the Executive
shall be entitled to an additional 500,000 Compensation Shares,
subject to adjust for any stock splits or
consolidations.
2.
Confidential Information . Executive recognizes and
acknowledges that by reason of Executive’s employment by and
service to the Company before, during and, if applicable, after the
Employment Term, Executive will have access to certain confidential
and proprietary information relating to the Company’s
business, which may include, but is not limited to, trade secrets,
trade “know-how,” product development techniques and
plans, customer lists and addresses, cost and pricing information,
strategy and programs, comput