EX-10.4 6 0006.txt PAYMENT FOR SERVICES AGREEMENT WITH JOHN R. AITKEN EXHIBIT 10.4 John R. Aitken 25022 Hollyberry Lane Laguna Niguel CA 92677 949/448 9810 johnaitken@worldnet.att.net April 30, 2000 Ilyas Chaudhary, Chairman Capco Energy, Inc. 2922 E. Chapman, Ste.202 Orange, CA 92869 Dear Ilyas: This letter confirms that the arrangement between Capco Energy, Inc. and subsidiaries ("Capco") and me regarding settlement of amounts owed to me for services rendered to Capco during the period to May 1, 2000, is as follows: The amount of $35,000 to be paid in 2 installments, being $10,000 on May 15, 2000, and $25,000 on June 30, 2000 respectively. Capco will also issue 5,000 shares of registered, fully paid, nonassessable common stock of Capco Energy, Inc. Registration of such shares will take place via an S-8 Registration statement to be filed by June 1, 2000. Thank you for your agreement on this matter. Sincerely, /s/ John R. Aitken John R. Aitken