Preview | Employment Agreement |

EMPLOYMENT AGREEMENT effective as of October 22, 2007 (the ?Commencement Date?) by and between David Criner (?Executive?), and Immunosyn Corporation, a Delaware corporation (the ?Company?) by or through its officers (this ?Agreement?).

The parties hereto wish to enter into an employment agreement on the terms and conditions set forth below. Accordingly, in consideration of the premises and the respective covenants and agreements of the parties herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:

1. Term. The Executive?s employment under this Agreement shall commence on the Commencement Date and shall end, unless terminated earlier pursuant to Section 4, at the close of business on December 31st, 2009 (the ?Term?); provided, however, that the Term shall thereafter be automatically extended for each succeeding one (1) year period unless either party hereto shall provide the other party with a written notice at least thirty (30) days prior to the end of the then current Term, advising that the party providing the notice shall not agree to so extend the Term.

2. Title, Duties and Authority. The Executive shall serve as Vice President and Chief Financial Officer and Chief Accounting Officer of the Company, and shall have such responsibilities and duties consistent with such positions and/or as may from time to time be assigned to the Executive by the President and/or the board of directors of the Company (the ?Board?), and shall have all of the powers and duties usually incident to such offices. The Executive shall devote substantially all of his working time and efforts to the business and affairs of the Company, except for vacations, illness and incapacity; provided, however, that the Executive may serve on the boards of directors of non-public companies and charitable organizations and may devote reasonable time to charitable and civic organizations, in all cases provided that the performance of his duties and responsibilities on such boards and in such service does not interfere substantially with the performance of his duties and responsibilities under this Agreement.

(a) Base Salary. During the Term, the Company shall pay the Executive a base salary (?Base Salary?). The Base Salary shall be One Hundred Seventy Five Thousand Dollars ($175,000 USD) per year payable semi-monthly (less applicable taxes and withholdings). The Base Salary shall be subject to annual review by the Board or the Compensation Committee thereof for discretionary periodic increases but not decreases; provided, however, that for each subsequent calendar year during the Term, commencing with the 2009 calendar year, the amount of the Executive?s Base Salary shall be increased by not less than the United States benchmark annualized rate of inflation of the previous calendar year. Should Company capital subsequent to Executive?s Commencement Date be insufficient to meet the Executive?s salary requirements in 3(a), said salary claim accrues and is payable when said funds become available to the Company.

(b) Bonus. Executive shall receive a bonus for each year of the Term as determined by the Board of Directors of the Company (or the Compensation Committee thereof) and paid between January 1 and March 15 of the following year (?Bonus?).

(c) Employee Benefits and Incentive Arrangements. The Executive shall be entitled to participate in all of the Company?s employee benefit and incentive compensation plans and arrangements made available during the Term to the senior executives of the Company as may be in effect from time to time. If health insurance is not in place as of the Commencement Date, the Company will make reasonable efforts to make such benefits available to employees of the Company within a reasonable time following the Commencement Date.