0001002014-02-000008 Sample Contracts

ASSIGNMENT & CONSULTING AGREEMENT
Consulting Agreement • January 9th, 2002 • Sailtech International Inc
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SAILTECH INTERNATIONAL, INC. STOCK PURCHASE AGREEMENT
Employment Agreement • January 9th, 2002 • Sailtech International Inc • Florida

This Stock Purchase Agreement (this "Agreement") is executed by Phillips Family Limited Partnership ("Investor"), a South Dakota limited partnership; Carey M. Phillips ("Phillips"), an Iowa resident and the general partner of Investor; SailTech International, Inc. (the "Company"), a Nevada corporation; SailTech Design, Inc., a Florida corporation, and SailTech Design, Inc., a British Columbia corporation, both direct or indirect subsidiaries of the Company (together, the "Subsidiaries" and, individually, a "Subsidiary"); and Gunter Richtler and W. Barry Girling (together, the "Managing Shareholders"), to record their agreement regarding the purchase by Investor of shares of common stock of the Company and related matters. The parties agree as follows:

LEASE AGREEMENT
Lease Agreement • January 9th, 2002 • Sailtech International Inc

THIS INDENTURE OF LEASE, is made this day of June 2000, by and between 63RD AVENUE ASSOCIATES, a Florida general partnership, whose mailing address is 4421 12th Street Court East, Bradenton, FL, USA 34203 (hereinafter referred to as "Lessor"), and SAILTECH YACHTS, INC., a company incorporated under the laws of the State of Nevada, whose mailing address is 6938 Palm Avenue, Burnaby, BC V5J 4M3, Canada (hereinafter referred to as "Lessee").

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