THIS AGREEMENT is dated for reference the 1st day of January, 2001.
DYNAMOTIVE TECHNOLOGIES CORPORATION
105 - 1700 West 75th Avenue,
Vancouver, British Columbia
R. ANDREW KINGSTON
8 Cotton Row
London, SW11 3UG
(A) The Company has agreed to retain the Consultant and the Consultant has agreed to serve the Company on a
NOW THEREFORE THIS AGREEMENT WITNESSES that, in consideration of the mutual covenants and
agreements herein contained, the parties hereto mutually agree as follows:
1.1 The Company appoints the Consultant and the Consultant accepts the appointment, to act as President and
Chief Executive Officer (the "Appointment") upon the terms and conditions of this Agreement and the Consultant
agrees to diligently and faithfully carry out and perform its duties and obligations described in this Agreement.
1.2 The Consultant acknowledges that the employment contemplated hereby is full-time and agrees to devote his
time in carrying out his obligations hereunder.
TERM OF AGREEMENT
2.1 Unless terminated earlier for good cause, this Agreement shall commence on the date first appearing in this
Agreement and shall continue for an initial term of three years ending on December 31, 2003.
2.2 This agreement shall automatically renew after the initial term unless either party gives notice of its intention
not to renew at least 90 days before the expiry of the initial period.
DUTIES OF THE CONSULTANT
3.1 In consideration of the Company's payment of the Consultant's remuneration, the Consultant agrees to
perform the duties and responsibilities in respect to the Appointment in accordance with the general directions of
the Chief Executive Officer of the Company.
3.2 As President & CEO, the Consultant will be responsible for all the affairs of the Company including strategic
direction, provision of appropri