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Sample Business Contracts

Employment Agreement - Wade Cook Financial Corp. and Cynthia C. Britten

Employment Forms

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November 11, 2000

                              Employment Agreement

Employment  agreement as agreed upon between the parties Wade B. Cook, president
of Wade Cook Financial Corp and Cynthia C. Britten CPA.

The job of Chief Financial Officer of Wade Cook Financial  Corporation  includes
the following compensation factors:

     (1)  The first year Base Salary of $115,000 a year until November 11, 2001.
          A $10,000 dollar increase will occur for the next 4 years as follows:

                           November 11, 2001 $125,000
                           November 11, 2002 $135,000
                           November 11, 2003 $145,000
                           November 11, 2004 $155,000

     (2)  The SEC bonuses of $2,500 a quarter  will  continue  if timely  filing
          occur.

     (3)  Workweek is Monday thru Thursday.  Friday's Cynthia C. Britten will be
          available by phone.

     (4)  Either party may terminate this  Agreement.  WCFC will give Cynthia C.
          Britten 30 days advance notice of termination. Cynthia C. Britten will
          give WCFC 30 days advance notice of resignation. If both parties agree
          that Cynthia C. Britten will cease to work for WCFC, then the required
          notice  period  is 60  days.  Regardless  of what  notice  is given or
          whether  Cynthia C. Britten  actually works for WCFC during the notice
          period,  Cynthia C. Britten will receive her salary set forth above in
          (1).

     (5)  The above (4) provision does not apply if a change in upper management
          occurs,  including the retirement of Wade B. Cook or implementation of
          new managers,  Cynthia C. Britten is granted the ability to reduce the
          notice of termination to 2 weeks.

     (6)  The proprietary  information agreement singed by Cynthia C. Britten in
          July  of  1997  is  replaced  by  the  attached  and  signed   current
          proprietary agreement dated November 2000.



         _ /s/ Wade B. Cook______                  __/s/ Cynthia C. Britten___
          Wade B. Cook   [Dated 1-17-01]             Cynthia C. Britten