Exhibit 10.2


                          AMENDED FUND ESCROW AGREEMENT




     THIS AMENDED FUND ESCROW  AGREEMENT (the  "Agreement")  is made and entered
into this 3rd day of July,  2001, by and between HAN  LOGISTICS,  INC., a Nevada
corporation,  2220 West 7th Street,  Reno,  Nevada  89503 (the  "Company"),  and
FIRSTBANK OF LITTLETON,  101 West County Line Road,  Littleton,  Colorado  80126
(the "Escrow  Agent").  This Agreement  amends and supersedes  that certain Fund
Escrow  Agreement  dated  October 10,  2000,  between the Company and the Escrow
Agent.


     WHEREAS,  the Company desires to make an offering to the public of $250,000
worth of shares of the Company's  common  stock,  $.001 par value per share (the
"Common  Stock"),  at $1.00 per share, on a $50,000 "best efforts,  all-or-none"
basis and an  additional  $250,000  worth of  shares  of Common  Stock on a best
efforts only basis, under an arrangement  whereby all shares of Common Stock are
to be offered to the public  through the  executive  officers  and  directors of
Company,  in an offering conducted pursuant to a Registration  Statement on Form
SB-2 filed with the U.S.  Securities and Exchange  Commission under Section 5 of
the  Securities  Act of 1933,  as  amended,  and the "blue  sky" laws of certain
states (the "Public Offering"); and

     WHEREAS,  the parties wish to enter into an agreement pursuant to which the
gross  proceeds  from the first  $50,000 worth of shares of Common Stock sold in
the Public  Offering  would be impounded in escrow,  which gross proceeds may be
released  to the  Company  only in the event of the sale of a minimum of $50,000
worth of shares of Common Stock within the time set forth herein and, otherwise,
the  escrowed  gross  proceeds  are to be  returned  by the Escrow  Agent to the
subscribers  without  deduction for commissions or expenses and without interest
thereon; and

     WHEREAS, the Company and the Escrow Agent desire to enter into an agreement
with respect to the above-described escrow;

     NOW,  THEREFORE,  in consideration of the foregoing and the mutual promises
and covenants contained herein, IT IS HEREBY AGREED as follows:

     1. The  Company  shall  deliver  to the Escrow  Agent,  by noon of the next
business day following receipt thereof,  all proceeds from the sale of the first
$50,000  worth of shares of Common Stock sold in the Public  Offering,  together
with a written account of the sales setting forth, among other things, the names
and addresses of the subscribers, the number of shares of Common Stock purchased
by each,  the  amount  paid  therefor,  the date of the  sale  and  whether  the
consideration received was in the form of cash or evidenced by a check.

     2. All  money  delivered  to the  Escrow  Agent  pursuant  hereto  shall be
deposited  immediately by the Escrow Agent into a separate  non-interest bearing
account  described as the "Han  Logistics,  Inc.  FirstBank of Littleton  Escrow
Account" (the "Escrow Account") and shall be made payable to "FirstBank - Escrow
Agent." The Escrow Account shall be created and maintained pursuant to the rules
and regulations of the Escrow Agent  pertaining to such accounts,  including the
FirstBank Deposit Account Agreement.

<PAGE>

     3. During the Escrow Period (as hereinafter  defined),  none of the amounts
deposited in the Escrow  Account shall become the property of the Company or any
other  entity,  or be subject to the debts of the  Company or any other  entity,
and, except as expressly  provided herein with respect to payments by the Escrow
Agent to the Company, the Escrow Agent shall make or permit no disbursement from
the  Escrow  Account.  The  Escrow  Agent  shall  not be  required  to make  any
disbursement until all funds deposited are collected and paid.

     4.  The  Escrow  Period  shall  begin on the  date of the  Prospectus  (the
"Prospectus") and shall terminate on the first to occur of the following dates:

          A. Ninety (90) days after the date of the Prospectus.  The termination
     date in the preceding  sentence may be extended for a period of ninety (90)
     days  at the  election  of the  Company,  with a copy  of  such  notice  of
     extension provided to the Escrow Agent.

          B. The date upon which  gross  proceeds  of  $50,000  from the sale of
     shares of Common  Stock have been  deposited  with the Escrow Agent and are
     collected  and paid.  This period may be extended  until up to the total of
     $250,000  worth of shares of Common  Stock has been sold at the election of
     the Company, but not beyond the date provided in paragraph 4.A. above.

          C. At the  election  of the  Company  with a copy of  such  notice  of
     termination provided to the Escrow Agent.


     5. In the event that the Escrow  Period  terminates  pursuant to  paragraph
4.A.  or 4.C.  above,  the  Escrow  Agent,  on the basis of its  records,  shall
promptly  return  to each of the  subscribers  the  amount  paid by them for the
purchase of the shares of Common Stock  collected by the Escrow  Agent,  without
interest or deduction.  Each amount paid or payable to each subscriber  pursuant
to this paragraph  shall be deemed to be the property of each  subscriber,  free
and clear of any or all claims of the  Company or of any of its  creditors,  and
the  respective  agreements  to  purchase  the shares of Common  Stock made with
respect to the Public Offering shall thereupon be deemed to be canceled  without
any further  liability of said subscribers to pay for the shares of Common Stock
purchased.  The Escrow  Agent shall be required to make such payment only to the
person named in the written  account of each sale to be furnished by the Company
pursuant to  paragraph 1 hereof at the address  given in such  written  account.
With regard to any funds  payable to  subscribers  which the Escrow Agent cannot
disburse to said subscribers because the address given in the written account is
defective or which the Escrow Agent cannot,  for any other  reason,  disburse to
said  subscribers,  the Escrow  Agent  shall at its  option and sole  discretion
either:  (a)  deposit  said  funds with the Clerk of the  District  Court of the
County of Arapahoe, State of Colorado, and interplead the parties hereto, or (b)
pay said funds to the  Company at its  principal  place of business at 2220 West
7th Street,  Reno,  Nevada 89503,  no later than thirty (30) calendar days after
the  termination of the Escrow Period.  Upon so depositing such funds and filing
its complaint in interpleader under subparagraph (a) of this paragraph 5 or upon
making  payment to the Company under  subparagraph  (b) of this paragraph 5, the
Escrow Agent shall be completely discharged and released from all further

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<PAGE>

liability  under  the  terms  hereof.  If the  Escrow  Agent  elects  to  invoke
subparagraph (a) of this paragraph 5, the parties hereto, for themselves,  their
heirs,  successors and assigns,  do hereby submit themselves to the jurisdiction
of said Court and do hereby  appoint  the Clerk of said Court as their agent for
service of all  process in  connection  with the  proceeding  mentioned  in this
paragraph.  The Escrow  Agent shall be entitled  to recover  from the  interpled
funds all attorneys' fees and costs associated with the interpleader action.


     6. In the event the Escrow Period  terminates  pursuant to paragraph  4.B.,
the Escrow  Agent shall pay over to the Company all funds in the Escrow  Account
without interest thereon or deduction therefrom as promptly as possible,  but in
no event later than ten (10)  business  days after such  termination  and on the
basis of its records,  in  accordance  with written  instructions  to the Escrow
Agent,  which shall specify the date, time and place of delivery of the proceeds
and the amount of the  proceeds to be paid to the  Company.  At such time as the
Escrow Agent shall have made the payments and  remittances  provided for in this
paragraph,  the Escrow Agent shall be completely  discharged and released of any
and all further liabilities and responsibilities hereunder.

     7. The Company  shall give the Escrow  Agent  notice of the date upon which
the Public Offering will commence.

     8. The Escrow Agent, in its actions  pursuant to this  Agreement,  shall be
fully protected in every reasonable exercise of its discretion and shall have no
obligations hereunder to the Company, or to any other party, except as expressly
set forth herein. This Agreement is made between the signatory parties only.

     9. The Escrow Agent shall have no obligation to invest any of the deposited
funds or to pay interest thereon.

     10. The Escrow  Agent shall not issue any  certificate  of  deposit,  stock
certificate,  or any other  instrument or document  representing any interest in
the  deposited  funds.  The Escrow  Agent shall not be  responsible  for fees in
conjunction with the issuance or transfer of the shares of Common Stock.

     11. The Company shall provide to the Escrow Agent all information necessary
to facilitate the  administration  of this  Agreement,  and the Escrow Agent may
rely  upon  any such  information  provided.  In  performing  any of its  duties
hereunder,  the  Escrow  Agent  shall not incur any  liability  for any  claims,
damages,  losses,  costs,  or expenses,  except for willful  misconduct or gross
negligence, and it shall, accordingly, not incur any such liability with respect
to (i) any action  taken or omitted  in good  faith upon  advice of its  counsel
given with respect to any questions relating to the duties and  responsibilities
of the Escrow Agent under this Agreement, or (ii) any action taken or omitted in
reliance upon any instrument, including the written notices provided for herein,
not only as to its due  execution  and the  validity  and  effectiveness  of its
provisions,  but also as to the truth and accuracy of any information  contained
therein, which the Escrow Agent shall in good faith believe to be genuine.

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<PAGE>

     12. The Company shall  indemnify and hold harmless the Escrow Agent against
any and all losses,  claims,  damages,  liabilities,  costs of investigation and
attorneys' fees and disbursements  which may be imposed upon the Escrow Agent or
incurred  by the  Escrow  Agent  hereunder  in  the  performance  of its  duties
hereunder, including any litigation arising from this Agreement, whether arising
from any  interpleader  action under  paragraph 5(a) or 13(a), or from any other
suit or  court  proceeding  arising  in any  other  way from  the  Agreement  or
involving the subject matter hereof.


     13. If at any time a dispute  shall  exist as to the  duties of the  Escrow
Agent  or the  terms  hereof,  or if the  Escrow  Agent  fails  to  receive  the
instructions  required  in  paragraph  6 within  fifteen  (15)  days  after  the
termination of the Escrow Period under paragraph 4, the Escrow Agent may, in its
sole discretion,  either:  (a) deposit said funds with the Clerk of the District
Court of the  County of  Arapahoe,  State of  Colorado  and may  interplead  the
parties  hereto,  or (b) pay said funds to the Company at its principal place of
business at 2220 West 7th Street, Reno, Nevada 89503; provided, however, that if
the dispute shall occur prior to the  termination of the Escrow Period  pursuant
to Paragraph  4.B.  above and the Escrow Agent desires to terminate its services
under the terms of this  Agreement,  then,  and in that event,  the Escrow Agent
shall return to each of the  subscribers the amount paid by him for the purchase
of the shares of Common Stock collected by the Escrow Agent, without interest or
deduction,  in the manner as provided in paragraph 5 hereof. The parties hereto,
for themselves,  their heirs, successors and assigns do hereby submit themselves
to the  jurisdiction of said Court and do hereby appoint the Clerk of said Court
as their  agent for  service of all process in  connection  with the  proceeding
mentioned in this paragraph.  The Escrow Agent shall be entitled to recover from
the  interpled  funds  all  attorneys'  fees  and  costs   associated  with  the
interpleader action.


     14.  The  Escrow  Agent is hereby  expressly  authorized  and  directed  to
disregard any and all notices or warnings given by the Company, other than those
notices and warnings  specifically called for in the Agreement,  or by any other
person or corporation,  excepting only orders or process of court, and is hereby
expressly authorized to comply with and obey any and all orders,  judgments,  or
decrees of any court,  and in case the Escrow  Agent obeys or complies  with any
such  order,  judgment,  or decree of any  court,  it shall not be liable to the
Company  or to any  other  person,  firm,  or  corporation  by  reason  of  such
compliance,  notwithstanding  that any such  order,  judgment  or decree  may be
subsequently  reversed,  modified,  annulled,  set aside or vacated, or found to
have been entered without jurisdiction.


     15. The Company paid the Escrow Agent a  non-refundable  fee of $1,000 upon
the execution of the Fund Escrow  Agreement dated October 10, 2000. In the event
that this  Agreement  is  terminated  in such a manner  as to cause  funds to be
returned to the original  investors,  the Company agrees to pay the Escrow Agent
an additional fee of $5.00 per returned check to investors.


     16. This  Agreement  constitutes  an integrated  contract and is the entire
agreement  between  the  parties.   No  parol  evidence  may  be  considered  in
determining  the  meaning  of any  term  used  herein  or in  interpreting  this
Agreement.

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<PAGE>

     17. All notices,  demands,  or requests  required or  authorized  hereunder
shall be deemed given  sufficiently if in writing and sent by registered mail or
certified mail,  return receipt  requested and postage  prepaid,  or sent telex,
telegram, or cable to:

         In case of the Company:


                  HAN LOGISTICS, INC.
                  2220 West 7th Street
                  Reno, Nevada  89503
                  Attention:  Ms. Amee Han, President


         with a copy to:

                  PATRICIA CUDD, ESQ.
                  Cudd & Associates
                  1120 Lincoln Street, Suite #1507
                  Denver, Colorado  80203

         In case of the Escrow Agent:

                  FIRSTBANK OF LITTLETON, N.A.
                  101 West County Line Road
                  Littleton, Colorado  80126

     18. This  Agreement  shall be governed and  interpreted  by the laws of the
State of Colorado.

     IN WITNESS  WHEREOF,  the Company and the Escrow Agent have  executed  this
Escrow Agreement on the day and year first above written.

THE COMPANY:                           THE ESCROW AGENT:

HAN LOGISTICS, INC.                    FIRSTBANK OF LITTLETON, N.A.





By:/s/ Amee Han                        By: /s/ Shelley Schantini
   -----------------------                 -------------------------------------
       Amee Han, President                     Shelley Schantini, Vice President


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