The primary objective of the Company’s executive compensation program is to help the Company to achieve its strategic business objectives and to create value for the Company’s shareholders by attracting, motivating and retaining highly qualified employees with outstanding ability. In addition, the compensation program is designed to promote teamwork, initiative and resourcefulness on the part of key employees whose performance and responsibilities directly affect Company profits. The compensation program strives to align compensation methods with shareholder interests to achieve desired results and, above all, to pay for performance.

The compensation Committee of SkyPostal Networks, Inc. (the “Company”) is charged with the following responsibilities:
1. Reviewing and recommending to the Board of Directors the annual base salary, bonus and other benefits for the senior executive officers of the Company. 2. Reviewing and commenting on new executive compensation programs that the Company proposes to adopt.
3. Periodically reviewing the results of the Company’s executive compensation and perquisite programs to ensure that such compensation is properly coordinated to yield payments and benefits that are reasonably related to executive performance.
4. Ensuring that a significant portion of executive compensation is reasonably related to the long-term interests of the shareholders.
5. Participating in the preparation of certain portions of the Company’s annual proxy statement.
6. Preparing an annual Compensation Committee Report
7. Ensures that the Company undertakes appropriate planning for management succession and advancement

The Compensation Committee will be composed of no less than three members of the Board. The members will be selected by the Board, taking into account prior experience in matters to be considered by the committee, probable availability at times required for consideration of such matters, and their individual independence and objectivity. No present or former officers or employees of the Company or any of its subsidiaries may serve on the Committee unless if, in the opinion of the Board of Directors, the former officer will exercise independent judgment and will significantly assist the committee to function. However, a majority of the Committee willbe directors who are or were not formerly officers of the Company or and of its subsidiaries.

The Committee shall meet at least three times annually, or more frequently as circumstances dictate. As part of its job to foster open communication, the Committee should meet at least annually with management to discuss any matters that the committee or each of these groups believe should be discussed privately.