Earthworks Industries Inc V.EWK

IR Agreements

[dimar66]

On July 9 we entered into an agreement that was:

arm’s-length Investor Relations Agreement, datedJuly 1, 2009, with Stone Communication Services Limited (“SCS”) ofToronto. The Agreement has a 1-year term and SCS will be paid $3,500per month and has been granted an option to purchase 170,000 shares ofthe Company exercisable at
.40 per share.

Now we have a new IR provider already, what's up with this?

Earthworks appoints Contact Financial its IR provider

January 8, 2010

Earthworks Industries Inc.(the “Company”) has entered into an agreement appointing ContactFinancial Corporation, of Vancouver, B.C., to provide InvestorRelations and corporate consultation services to the Company. The termof the agreement will be January 1, 2010 to March 31, 2010 subject toextension by mutual agreement between the parties.

The Companywill pay Contact a fee of $5,000 per month and has granted it optionson 200,000 shares exercisable at
.40 per share.

Contact is aVancouver-based strategic marketing and communications firm whichprovides advice to public companies with respect to investor relations,corporate development, producing and distributing effectivecommunication tools and increasing market awareness. Contact is ownedby Kirk Gamley (50%) and Karl Kottmeir (50%). Mr. Gamley, personallyand through a corporate account, owns 100,000 shares of the Company.