Legal Question in Employment Law in California

I've been offered a job with the following contract but I'm not sure if this is a legitimate business or prospect

AllActionTrade

CONTRACT

I. CONTRACT PARTIES

1.1. �AllActionTrade� with headquarters located in 2401 NW 39th St Suite 109, Oklahoma City,

OK, 73189, United States, License #6036779, represented by President, Mr. Kee Kim, from one side, in

quality of beneficiary (hereafter referred to as �Beneficiary�), and

1.2. Mr./Mrs. ����������������������������������.

address ����������. ������������������������.

city �����������������..state��������.zip�������..

phone (mobile)������.........................................................................................................

date of birth ��������������������������������...

e-mail �����������������������������..., in quality of

Independent Agent/Contractor (hereafter referred to as �agent�) have agreed to sign this contract. Now,

therefore, in consideration of the execution of the Contract, and the undertakings of the Parties as

hereinafter set forth, it is agreed as follows:

II. CONTRACT OBJECTIVES

2.1. The purpose of this contract is carrying out the financial operations for and in the name of the

Beneficiary according to it�s instructions by the agent:

a) the agent will present itself at the location indicated by the Beneficiary.

b) cashing the amounts for the Beneficiary;

c) 92.5% of the withdrawed sum of this money you should send to the Beneficiary's customers regarding

our transfer instructions.

2.2. In regards to accomplishing the objectives of this contract, the Beneficiary will instruct the agent

the methods through which the financial operations will be made as stated in paragraph 2.1. from the

present contract.

III. DURATION OF CONTRACT

3.1. This contract is made for a period of 1 (one) months, starting from ���������. 2010

3.2. The duration of the contract stated in paragraph 3.1. from the present contract can be extended if

both parties wish it and it will be stipulated in an additional annex.

IV. FINANCIAL STIPULATIONS

4.1. After the Contract was signed the agent will receive check.

4.2. The agent will receive a fixed 7.5% net from each cashed check, which will be deducted from the

total amount before sending the balance to to Beneficiary's customers.

4.3. No matter how many transactions you will intermediate, our company will offer you a minimum

income of $1400.00 per month. First salary($700) is paid after two weeks of first completed transfer.

4.4. The Salary will be paid to the agent by wire transfer or paper check.

4.5. Any fees including but not limited to funds being transferred or any other type of bank

wire/money transfer transaction will be supported by the Beneficiary, the fees will be deducted from the

total amount before being sent to the Beneficiary's customers.

BENEFICIARY AGENT

AllActionTrade Full name:

President

Kee Kim

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