In addition to his remuneration, Mr Bell will be entitled to receive 1,000,000 fully paid ordinary shares
in the Company as an incentive if the Company?s shares trade at $0.22 for a period of 10 days on or
before 30 June 2011 and a further 1,000,000 ordinary fully paid shares in the Company if the
Company?s shares trade at $0.40 for a period of 10 days within 12 months from the date of his
appointment.
