EXECUTIVE CONSULTANT AGREEMENT
This Executive Consultant Agreement (the "Agreement") is made and entered into effective as of the 1st day of
December, 2000 (the "Effective Date"), between SOUTHBORROUGH TECHNOLOGY CORPORATION.,
a Nevada corporation, (the "Company") and JOHN TAYLOR (the "Consultant").
A. The Company is engaged in the business of mineral exploration.
B. The Company desires to retain the Consultant to act as President and Chief Executive Officer of the Company
and to provide consultant services to the Company on the terms and subject to the conditions of this Agreement.
C. The Consultant has agreed to act as President and Chief Executive Officer of the Company and to provide
consultant services to the Company on the terms and subject to the conditions of this Agreement.
THIS AGREEMENT WITNESSES THAT in consideration of the premises and mutual covenants contained in
this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties, intending to be legally bound hereby, agree as follows:
1.1 The following terms used in this Agreement shall have the meaning specified below unless the context clearly
indicates the contrary:
(a) "Consultant Fee" shall mean the consultant fee payable to the Consultant at the rate set forth in
(b) "Board" shall mean the Board of Directors of the Company;
(c) "Term" shall mean the term of this Agreement beginning on the Effective Date and ending on the close of
business on the effective date of the termination of this Agreement.
2. ENGAGEMENT AS A CONSULTANT
2.1 The Company hereby engages the Consultant as a consultant to provide the services of the Consultant in
accordance with the terms and conditions of this Agreement and the Consultant hereby accepts such engagement.
3. TERM OF THIS AGREEMENT
3.1 The term of this Agreement shall become effective and begin as of the Effective Date, and shall continue until
the close of busine