Document:

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                                                                   Exhibit 10.23

                          AECOM TECHNOLOGY CORPORATION

                            2002 STOCK PURCHASE PLAN
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                               TABLE OF CONTENTS

<TABLE>
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                                                                         Page
<S>                                                                      <C>
ARTICLE I    Scope of Plan and Definitions..............................   1
ARTICLE II   Participation and Credits..................................   4
ARTICLE III  Payment of Benefits........................................   7
ARTICLE IV   Administration of Plan.....................................   9
ARTICLE V    Amendment and Termination..................................  10
ARTICLE VI   Miscellaneous Provisions...................................  11
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                                      -i-
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                                   ARTICLE I
                         Scope of Plan and Definitions
                         -----------------------------

1.1  Purpose and Scope of Plan
     -------------------------

     AECOM Technology Corporation hereby establishes the AECOM Technology
     Corporation 2002 Stock Purchase Plan ("Plan") effective on the Effective
     Date.  The purpose of the Plan is to provide certain Employees and
     Directors of the Company with the opportunity to invest compensation
     deferral contributions in units of common stock of the Company.

1.2  Terms Defined in the AECOM RSP
     ------------------------------

     For all purposes of this Plan, capitalized terms, unless defined herein,
     shall have the meanings specified in the AECOM RSP, unless a different
     meaning is plainly required by the context.

1.3  Definitions
     -----------

     As used in the Plan, the following capitalized terms have the meanings set
     forth below, unless a different meaning is plainly required by the context.

     (a)  "Account" means a Participant's Supplemental Compensation Deferral
          Account. Accounts are unfunded bookkeeping accounts that are credited
          with amounts as provided in Article Two.

     (b)  "AECOM RSP" means the AECOM Technology Corporation Retirement &
          Savings Plan (formerly called the Employee Stock Ownership Plan) as in
          effect on the Effective Date and as such plan may be amended from time
          to time.

     (c)  "Beneficiary" means the beneficiary or beneficiaries designated by a
          Participant under the AECOM RSP.  A Director who is a Participant
          shall designate a beneficiary or beneficiaries under this Plan in the
          form and manner prescribed by the Committee.

     (d)  "Board" means the Board of Directors of AECOM Technology Corporation.

     (e)  "Committee" means a committee appointed by the Board to administer the
          Plan, and any successor committee of the Board with similar functions,
          and shall consist of two or more members (or such greater number as
          may be required under applicable law) each of whom shall, to the
          extent required by applicable law, be "non-employee directors" within
          the meaning of applicable regulatory requirements, including those
          promulgated under Section 16 of the Securities Exchange Act of 1934
          (the "Act").  The Board may at any time take action under the Plan in
          place of the Committee, provided that a majority of the members of the
          Board shall, to the extent required by applicable law, be "non-
          employee directors" (within the meaning set forth above) when taking
          such action.

                                       1
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     (f)  "Common Stock" means Class B Common Stock of the Company.

     (g)  "Common Stock Unit" means a bookkeeping entry that serves as a unit of
          measurement relative to a share of Common Stock for purposes of
          determining the payment of a benefit under this Plan.  Such Common
          Stock Units are not outstanding shares and do not entitle a
          Participant to any dividend, voting or other rights in respect of any
          Common Stock.

     (h)  "Company" means AECOM Technology Corporation or its successor
          corporation.

     (i)  "Compensation" means compensation as defined in the AECOM RSP modified
          by including compensation deferral contributions under this Plan and
          by ignoring the $200,000 limitation on compensation under Section
          401(a)(17) of the Code.

     (j)  "Director" means a person who is a member of the Board and who is not
          an Eligible Employee.

     (k)  "Effective Date" means the date the Class B Common Stock of the
          Company becomes publicly traded.

     (l)  "Eligibility Date" means the Effective Date, provided that in the case
          of an individual who has not become eligible to make deferrals under
          the AECOM RSP as of the Effective Date, Eligibility Date shall be the
          first date on which Employee is eligible to make a deferral election
          under the AECOM RSP.  Notwithstanding the foregoing, in the case of an
          individual who becomes a Director after the Effective Date,
          Eligibility Date shall be the date of election to the Company's Board
          of Directors.

     (m)  "Eligible Employee" means for any Plan Year any Employee of the
          Company or a Participating Employer who (i) is eligible to elect Tax
          Deferred Contributions or After Tax Contributions under the AECOM RSP,
          and (ii) is expected to be a Highly Compensated Employee for the plan
          year of the AECOM RSP ending within the Plan Year or the plan year of
          the AECOM RSP beginning within the Plan Year.  Eligible Employee shall
          also include for any Plan Year any other employee of a foreign
          subsidiary, 80% of which is owned in the aggregate by the Company and
          Participating Employers provided that (i) such employee would be
          expected to be a Highly Compensated Employee were the employee
          employed by a Participating Employer, and (ii) such employee is
          selected by the Committee after the Committee determines that
          applicable foreign law permits such employee to participate in the
          Plan.

     (n)  "Participant" means an Eligible Employee or Director who has an
          Account under this Plan.

     (o)  "Participating Employer" means the Company and any other employer that
          is participating in the AECOM RSP.

                                       2
<PAGE>

     (p)  "Plan" means the AECOM Technology Corporation 2002 Stock Purchase Plan
          as set forth herein.

     (q)  "Plan Year" means each calendar year, except that the first Plan Year
          shall be a short Plan Year, beginning on the Effective Date and ending
          on December 31, 2002.

     (r)  "Plan Year Subaccounts" is defined in Section 2.1(c).

     (s)  "Supplemental Compensation Deferral Account" means the separate
          account established for each Participant pursuant to Sections 2.2(a)
          and 2.2(b) of this Plan.

1.4  Other Definitional Provisions
     -----------------------------

     The terms defined in Sections 1.2 and 1.3 of the Plan shall apply equally
     to both singular and plural.  The masculine pronoun, whenever used, shall
     include the feminine.  When used in the Plan, the words "hereof" "herein"
     and "hereunder" and words of similar import shall refer to the Plan as a
     whole and not to any particular provision of the Plan, unless otherwise
     specified.

                                       3
<PAGE>

                                  ARTICLE II
                           Participation and Credits
                           -------------------------

2.1  Participation
     -------------

     (a)  (i)    An Eligible Employee may irrevocably authorize the pre-tax
          deferral (in whole percentages up to 50%, unless otherwise determined
          by the Committee, for any payroll period) of cash Compensation under
          this Plan. Notwithstanding any provision of the Plan to the contrary,
          the authorization of an Eligible Employee to make deferrals under this
          Section 2.1(a)(i) shall only apply, and deferrals shall only be made,
          during periods when the Company determines that the Eligible Employee
          may not make tax deferred contributions to the AECOM RSP because of
          one or more of the following limits: (1) the discrimination tests
          under Section 401(k) and (m) of the Code, (2) the limitations on tax
          deferred contributions to qualified plans under Section 402(g) of the
          Code, (3) the limitation on compensation taken into account in
          qualified plans under Section 401(a)(17) of the Code, or (4) any rule
          imposed by the Company (as administrator of the AECOM RSP) designed to
          meet any of the foregoing limits, which rule may be imposed by
          considering all Eligible Employees in the aggregate for purposes of
          meeting one or more of such limits. Such authorization shall continue
          until the Company determines that such Eligible Employee may again
          make tax deferred contributions to the AECOM RSP.

          (ii)   In addition to deferrals permitted under Section 2.1(a)(i), an
          Eligible Employee may also irrevocably authorize pre-tax contributions
          (in whole percentages up to 100%) of any Compensation paid in the form
          of the Company's Common Stock in lieu of cash or other incentive
          Compensation and/or a combination of these forms of compensation,
          whether such Compensation is paid at the direction of the Company or
          at the election of the Eligible Employee.  Such authorization under
          this Section 2.1(a)(ii) shall commence on the Eligible Employee's
          Eligibility Date.

          (iii)  A Director may irrevocably authorize the pre-tax deferral of
          all or any part of any director's fees or meeting fees that the
          Director is entitled to receive from the Company.

          (iv)   To be effective, the authorization of any Eligible Employee
          under Section 2.1(a)(i) or (ii), or of any Director under Section
          2.1(a)(iii), must be submitted to the Committee on the appropriate
          enrollment form before the Eligible Employee's or Director's
          Eligibility Date. Notwithstanding Section 2.1(a)(i) or (ii), such
          authorization will not continue in effect after the date the
          Participant terminates employment with the Company. Any authorization
          form submitted for a Plan Year shall continue to apply to future Plan
          Years unless the Eligible Employee or Director files a new election
          (or in the case of an Eligible Employee or Director who did not
          previously file an election, a first election) with the Committee
          before the beginning of the future Plan Year, in which case it the new
          election shall apply.

                                       4
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          (v)    Participants shall be entitled to credits to a Supplemental
          Compensation Deferral Account pursuant to Section 2.2 for amounts the
          Participant elects to have contributed on a pre-tax basis.

          (vi)   Notwithstanding anything contained herein to the contrary, no
          election to defer Compensation hereunder shall be effective to reduce
          the Compensation paid to an Eligible Employee for a calendar year to
          an amount that is less than the amount that the Participating Employer
          is required to withhold from such Eligible Employee's Compensation for
          such calendar year for purposes of federal, state and local (if any)
          income tax and employment tax (including Federal Insurance
          Contributions Act (FICA) tax withholding).

     (b)  An Eligible Employee or Director shall become a Participant under this
          Plan when an Account on his behalf is first credited hereunder.

     (c)  In-Service Distribution Elections.  At the time of submitting an
          ---------------------------------
          initial enrollment form pursuant to Section 2.1(a)(iv), a Participant
          may elect (in the manner specified by the Committee) to receive an in-
          service distribution of the cash amount or Common Stock Units credited
          to the Participant's Account pursuant to Section 2.2 for the first
          full or partial Plan Year of participation, together with interest or
          earnings or losses credited with respect to such amounts pursuant to
          Section 2.3, in a lump sum payment in any January that occurs after
          the second anniversary of the last day of such Plan Year.  Thereafter,
          a Participant may elect to receive an in-service distribution of the
          amounts credited to the Participant's Account pursuant to Section 2.2
          for any particular Plan Year, together with interest or earnings or
          losses, in a lump payment in any January that occurs after the fourth
          anniversary of the last day of such Plan Year by filing an election,
          on a form provided and in a manner specified by the Committee no later
          than December 15 of the preceding Plan Year (or such later date as the
          Committee designates, but in all events no later than December 31 of
          the preceding Plan Year).  If a Participant fails to make an in-
          service distribution election under this Section 2.1(c) for a
          particular Plan Year, the amounts credited to the Participant's
          Account pursuant to Section 2.2 for that Plan Year shall be
          distributed as set forth in Section 3.1(b).  Any election made under
          this Section 2.1(c) shall be irrevocable.

2.2  Credits to Supplemental Compensation Deferral Account
     -----------------------------------------------------

     (a)  Deferrals authorized to be credited on behalf of a Participant
          pursuant to Section 2.1(a) above shall be credited by the Company to
          the Participant's Supplemental Compensation Deferral Account. Such
          credits shall be made as of the date on which the amount being
          credited would have been paid to the Participant, but for the
          authorization of the Participant under Section 2.1(a).

     (b)  In addition to the crediting deferrals authorized pursuant to Section
          2.1(a), the Company may credit to the Participant's (or Eligible
          Employee's, if the person is not already a Participant) Supplemental
          Compensation Deferral Account any

                                       5
<PAGE>

          additional cash amounts or Common Stock Units which the Company has
          determined, for any reason, to credit to such Participant.

     (c)  If a Participant makes one or more in-service distribution elections
          pursuant to Section 2.1(c), the Committee shall, to the extent
          necessary, separately track the Common Stock Units that are subject to
          each in-service distribution election providing a different payout
          date.  Such separate amounts shall be referred to as Plan Year
          Subaccounts.

2.3  Accounts and Interest Equivalents
     ---------------------------------

     (a)  Participants' Accounts.  The Company shall establish a Supplemental
          ----------------------
          Compensation Deferral Account for each Participant to determine the
          amount payable on behalf of the Participant under the Plan.

     (b)  Common Stock Units.  Cash amounts credited to each Participant's
          ------------------
          Account under the Plan shall be converted into a number of Common
          Stock Units by dividing the cash amount in each Account by the fair
          market value of a share of Common Stock of the Company.  For this
          purpose, cash amounts credited to a Participant's Account shall be
          converted to Common Stock Units based upon the value of the Common
          Stock as determined in a manner consistent with the valuation of such
          stock under the AECOM RSP.

     (c)  Dividends.  At any time that the Company issues a cash or stock
          ---------
          dividend with regard to its Common Stock, an amount shall be credited
          to each Participant's Account under the Plan equal to the dividends
          that would be payable if the Common Stock Units in the Participant's
          Account constituted outstanding shares of Common Stock of the Company.
          Amounts so credited to Participants' Accounts shall be converted into
          Common Stock Units in accordance with the provisions of Section
          2.3(b).

     (d)  Adjustments.  If the outstanding shares of the Company's Common Stock
          -----------
          are increased, decreased or changed into, or exchanged for, a
          different number or kind of shares or securities of the Company
          through a reorganization or merger in which the Company is the
          surviving entity, or through a combination, recapitalization,
          reclassification, stock split, stock dividend, stock consolidation or
          otherwise, an appropriate adjustment shall be made in the number and
          kind of Common Stock Units that are credited to each Participant's
          Account under the Plan.

     (e)  Statements.  Each Participant shall receive a statement of the balance
          ----------
          in his or her Account at least annually.

2.4  Vesting
     -------

     Each Participant shall be one hundred percent vested, at all times, in the
     value of his Supplemental Compensation Deferral Account.

                                       6
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                                  ARTICLE III
                              Payment of Benefits
                              -------------------

3.1  Commencement and Form of Payment
     --------------------------------

     (a)  Scheduled In-Service Distribution.
          ---------------------------------

          (i)  The amounts credited to each of the Participant's Plan Year
          Subaccounts that are subject to an in-service distribution election
          made by the Participant pursuant to Section 2.1(c) above shall be
          distributed in January of the year elected by the Participant,
          provided that the Participant is employed by a Participating Company
          on the date that the distribution is scheduled to be made.

          (ii) If the Participant's employment with all Participating Employers
          is terminated for any reason prior to the commencement of a scheduled
          in-service distribution for a Plan Year Subaccount pursuant to
          subsection (i) above, the Participant's in-service distribution
          election for such Plan Year Subaccount shall no longer be effective
          and all of the amounts credited to such Plan Year Subaccount shall be
          distributed as set forth in the following subsections of this Section
          3.1 in accordance with any applicable election by the Participant.

     (b)  Payment at Termination of Employment.
          ------------------------------------

          (i)  As soon as practicable following each Participant's termination
          of employment with all Participating Employers, the Participating
          Employer by which the Participant was last employed shall pay to such
          Participant, or, if such Participant is not living at the time for
          payment, to such Participant's Beneficiary, the amount then credited
          to the Participant's Account in a lump sum as soon as practicable
          after termination of employment. An Eligible Employee who terminates
          employment with a Participating Employer shall be treated under the
          Plan as a terminated Eligible Employee without regard to whether he or
          she becomes a Director upon or after ceasing to be an Eligible
          Employee. A Director shall be deemed to have "terminated employment"
          and be entitled to distribution of the amount then credited to his
          Account on the date that he ceases to be a member of the Board.

          (ii) Notwithstanding the foregoing, a Participant may elect to receive
          such distribution in substantially equal annual installments over five
          or ten years beginning as soon as practicable following termination of
          employment, provided that such election is made at least one year
          prior to his termination of employment on a form provided and in a
          manner specified by the Committee.  A Participant may change the form
          of distribution, provided that his change of election is made on a
          form and in a manner specified by the Committee and such election is
          received by the Committee at least one year prior to the Participant's
          termination of employment.

                                       7
<PAGE>

     (c)  Form of Payment.
          ---------------

          Unless otherwise determined by the Committee, payments of a
          Participant's Account shall be made in actual shares of Common Stock
          of the Company in a number equal to the number of Common Stock Units
          then payable, with any fractional Common Stock Units to be settled by
          a cash payment.

3.2  Loans and In-service Payments and Withdrawals
     ---------------------------------------------

     No Participant shall be allowed to borrow from the Plan.  Except as
     provided in Section 2.1(c) and 3.1(a), no withdrawal or payment of benefits
     shall be allowed before a Participant terminates employment with the
     Company.

                                       8
<PAGE>

                                   ARTICLE IV
                             Administration of Plan
                             ----------------------

4.1  Responsibilities and Powers of the Committee
     --------------------------------------------

     The Committee shall be solely responsible for the operation and
     administration of the Plan and shall have all powers described in the AECOM
     RSP with respect to this Plan, and such additional powers necessary and
     appropriate to carry out its responsibilities in operating and
     administering the Plan.  Without limiting the generality of the foregoing,
     subject to Section 2.2, the Committee shall have the responsibility and
     power to determine whether a dollar credit should be made on behalf of a
     Participant, the amount of the dollar credit, and the number of Common
     Stock Units into which such dollar credits are converted.  The Committee
     shall have full discretion to construe and interpret the terms and
     provisions of this Plan, which interpretation or construction shall be
     final and binding on all parties, except as otherwise provided by law.

4.2  Outside Services
     ----------------

     The Committee may engage counsel and such clerical, financial, investment,
     accounting, and other specialized services as it may deem necessary or
     desirable to the operation and administration of the Plan.  The Committee
     shall be entitled to rely upon any opinions, reports, or other advice
     furnished by counsel or other specialists engaged for that purpose and, in
     so relying, shall be fully protected in any action, determination, or
     omission taken or made in good faith.

4.3  Indemnification
     ---------------

     The Company shall indemnify the Committee and each Committee member against
     any and all claims, losses, damages, expenses (including reasonable counsel
     fees), and liability arising from any action, failure to act, or other
     conduct in the member's official capacity, except when due to the
     individual's own gross negligence or willful misconduct.

4.4  Claims Procedure
     ----------------

     The claims procedure set forth in the AECOM RSP is incorporated herein by
     reference.

                                       9
<PAGE>

                                   ARTICLE V
                           Amendment and Termination
                           -------------------------

5.1  Amendment
     ---------

     The Company reserves the right at any time and from time to time, and
     retroactively if deemed necessary or appropriate, to modify or amend in
     whole or in part any or all of the provisions of the Plan.

5.2  Termination
     -----------

     The Plan is purely voluntary on the part of the Company.  The Company may
     terminate the Plan at any time.

5.3  Effect of Amendment or Termination
     ----------------------------------

     Any amendment, modification, or termination shall not reduce, alter, or
     impair any rights under the Plan as to amounts credited to the Accounts of
     Participants under the Plan as of the date of such amendment, modification
     or termination.  Unless the Company determines otherwise, each
     Participating Employer shall pay its Participants the value of their
     respective Accounts upon termination of the Plan, in a lump sum, in the
     manner prescribed in Section 3.1(c).

                                      10
<PAGE>

                                   ARTICLE VI
                            Miscellaneous Provisions
                            ------------------------

6.1  Source of Payments
     ------------------

     The Plan shall not be funded and all payments hereunder to Participants or
     Beneficiaries shall be paid from the general assets of each Participating
     Employer, except to the extent paid by the Trust provided for below.  No
     Participating Employer shall, by virtue of any provisions of the Plan or by
     any action of any person, be deemed to be a trustee or other fiduciary of
     any property for any Participant or Beneficiary, and the liabilities of
     each Participating Employer to any Participant or Beneficiary pursuant to
     the Plan shall be those of a debtor pursuant only to such contractual
     obligations as are created by the Plan; no such obligation of a
     Participating Employer shall be deemed to be secured by any pledge or other
     encumbrance on any property of such Participating Employer.  To the extent
     that any Participant or Beneficiary acquires a right to receive payment
     from a Participating Employer under the Plan, such right shall be no
     greater than the right of an unsecured general creditor of the
     Participating Employer.

     Notwithstanding the foregoing, the Company may create and fund a "rabbi
     trust" (the "Trust") with respect to this Plan.  The creation and funding
     of said Trust shall not create a security interest in the property of such
     Trust in favor of Participants or Beneficiaries or otherwise cause a
     funding of the Plan or Trust in any manner inconsistent with the preceding
     paragraph or Section 6.8.  The amount of any contributions to such Trust
     shall be totally discretionary as determined by the Company.  Any amount
     paid from such Trust to the Participant shall reduce the amount to be paid
     pursuant to this Plan by the Participating Employer.  In the event the
     amounts paid from the Trust are insufficient to provide the full benefits
     payable to the Participant under this Plan, the Participating Employer
     shall pay the remainder of such benefit in accordance with the terms of
     this Plan.

     It is the intention of the Participating Employers that this Plan and Trust
     be considered unfunded for purposes of the Code and Title 1 of ERISA.

6.2  General Provisions
     ------------------

     (a)  This Plan and the issuance or transfer of shares of Common Stock
          (and/or the payment of money) pursuant thereto are subject to all
          applicable Federal and state laws, rules and regulations, to the
          rights, preferences, limitations, and restrictions set forth in the
          Company's Certificate of Incorporation and Bylaws, and to such
          approvals by any regulatory or governmental agency (including without
          limitation "no action" positions of the Securities and Exchange
          Commission) which may, in the opinion of counsel for the Company, be
          necessary or advisable in connection therewith.  Without limiting the
          generality of the foregoing, no shares shall be issued by the Company,
          nor cash payments made by the Company, unless and until all legal
          requirements applicable to the issuance or payment have, in the
          opinion of counsel to the Company, been complied with.  In connection
          with any stock issuance or transfer, the person acquiring the shares
          shall, if requested by

                                      11

<PAGE>

          the Company, give assurances satisfactory to counsel to the Company in
          respect to such matters as the Company may deem desirable to assure
          compliance with all applicable legal requirements and the Company's
          Certificate of Incorporation and Bylaws.

     (b)  The Committee may specify such provisions as it deems appropriate for
          payment under the Plan upon the occurrence of any of the following
          events (each a "Corporate Event"):

          (i)   Approval by the stockholders of the Company of the dissolution
                or liquidation of the Company;

          (ii)  Approval by the stockholders of the Company of an agreement to
                merge or consolidate, or otherwise reorganize, with or into one
                or more entities of which less than 50% of the outstanding
                voting securities of the surviving or resulting entity are, or
                are to be, owned by former stockholders of the Company
                (excluding from the term "former stockholders" a stockholder who
                is, or as a result of the transaction in question becomes, an
                "affiliate," as that term is used in the Act and the Rules
                promulgated thereunder, of any party to such merger,
                consolidation or reorganization); or

          (iii) Approval by the stockholders of the Company of the sale of
                substantially all of the Company's business and/or assets to a
                person or entity that is not a subsidiary.

     For purposes of this paragraph (b), the term "subsidiary" shall mean any
     corporation or other entity a majority or more of whose outstanding voting
     stock or voting power is beneficially owned directly or indirectly by the
     Company.

6.3  Inalienability of Benefits
     --------------------------

     No benefit payable under, or interest in, the Plan shall be subject in any
     manner to anticipation, alienation, sale, transfer, assignment, pledge,
     encumbrance, or charge, and any attempt to do so shall be void.  Any such
     benefit or interest shall not in any manner be liable for or subject to
     garnishment, attachment, execution, or levy or liable for or subject to the
     debts, contract, liabilities, engagements, or torts of any Participant or
     Beneficiary.  If the Committee finds that any Participant or Beneficiary
     has become bankrupt or that any attempt has been made to anticipate,
     alienate, sell, transfer, assign, pledge, encumber, or charge any benefit
     payable under, or interest in, the Plan, the Committee shall hold or apply
     such benefit or interest or any part thereof to or for the benefit of such
     Participant or Beneficiary.

6.4  Expenses
     --------

     Each Participating Employer shall pay all costs and expenses incurred in
     operating and administering the Plan attributable to that Participating
     Employer; provided that the

                                      12
<PAGE>

     Company may in its discretion pay some or all costs and expenses of a
     Participating Employer.

6.5  No Right of Employment
     ----------------------

     Nothing contained herein nor any action taken under the provisions hereof
     shall be construed as giving any Participant the right to be retained in
     the employ of any Participating Employer.

6.6  Withholding
     -----------

     Each Participating Employer shall withhold from any payment hereunder any
     required amount of income and other taxes.

6.7  Headings
     --------

     The headings of the sections in the Plan are placed herein for convenience
     of reference; in the case of any conflict, the text of the Plan, rather
     than such heading, shall control.

6.8  Construction
     ------------

     Except to the extent governed by federal law, the Plan shall be construed,
     regulated, and administered in accordance with the laws of the State of
     California.  If any provision shall be held by a court of competent
     jurisdiction to be invalid and unenforceable, the remaining provisions of
     this Plan shall continue to be fully effective.  To the extent that the
     Plan is subject to the provisions of the Employee Retirement Income
     Security Act of 1974, as amended, ("ERISA") it is intended to be an
     unfunded deferred compensation plan "for a select group of management or
     highly compensated employees."  It is also intended that the Plan
     constitute an excess plan, as defined by ERISA.  Each provision of the Plan
     shall be administered, interpreted and construed to carry out such
     intention, and any provision that cannot be so administered, interpreted
     and construed shall, to that extent, be disregarded.

          IN WITNESS WHEREOF, the Company has caused this Plan to be executed
this _________ day of ___________, 2002.

                                             AECOM TECHNOLOGY CORPORATION

                                             By:_________________________

                                      13<PAGE>

                                                                    Exhibit 10.1

                         EXECUTIVE EMPLOYMENT AGREEMENT

     This Executive Employment Agreement (the "Agreement"), effective as of
January 1, 2002 (the "Effective Date"), is the employment agreement by and
between GLAS-AIRE INDUSTRIES LTD., a corporation duly incorporated under the
laws of British Columbia with its registered and records office at 3137
Grandview Highway, Vancouver, British Columbia, Canada, and CRAIG GROSSMAN, an
individual residing at 4817 South Kalispell Street, Aurora, Colorado, United
States of America (the "Executive").

     Whereas, the Company desires to enter into this Executive Employment
Agreement with the Executive in order to employ the Executive and has offered
the Executive incentives for being employed by the Company; and the Company
believes it is necessary, proper, and in the best interests of the Company and
its shareholders to encourage the Executive to be employed by the Company; and

     Whereas, the Company desires to employ the Executive for the period of 24
months from the Effective Date hereof and any renewal periods thereafter; and

     Whereas, both parties desire to embody the terms and conditions of
employment of the Executive into a written agreement.

     Now, Therefore, in consideration of the mutual covenants herein contained,
the parties hereby agree as follows:

     1.   Definitions.

          a. "Board" shall mean the Board of Directors of the Company together
     with an executive committee thereof (if any), as the same shall be
     constituted from time to time.

          b. "Cause" for termination shall mean (i) that the Company acting in
     good faith based upon information then known to the Company has determined
     that Executive has engaged in or committed willful misconduct, gross
     negligence, embezzlement, theft, fraud or other illegal conduct; (ii)
     Executive's refusal or unwillingness to perform his duties; (iii) engaging
     in any conduct that involves a conflict of interest, insubordination,
     failure to follow the written directions of the Board of Directors or any
     committee thereof, or any other material breach of this Agreement; (iv)
     breach of any confidentiality or trade secret agreements between the
     Company and Executive; or (v) conviction of any felony, or any entry of a
     plea of nolo contendere, under the laws of Canada, any province in Canada,
     the United States or any state in the United States. In the case of (ii)
     and (iii), the Board of Directors must provide written notice containing
     the Board's good faith determination that the Executive was guilty of
     conduct set forth above in clause (ii) and (iii) and provide Executive a
     period of thirty (30) days in which to cure or remedy (if possible) the
     offending conduct; and upon cure or remedy, there shall be no cause.

                                      -1-
<PAGE>

          c. "Change of Control" shall mean the occurrence of one or more of the
     following three (3) events:

               i. after the Effective Date of this Agreement, any person or
          persons acting in concert, becomes a beneficial owner (as such term is
          defined in Rule 13d-3 promulgated under the Securities Exchange Act of
          1934) directly or indirectly of securities representing 33% or more of
          the total number of votes which may be cast for the election of
          directors of Glas-Aire Industries Group Ltd., a Nevada corporation
          ("Glas-Aire Group"); provided that the issuance by Glas-Aire Group of
          the Series A Preferred Stock or the shares of common stock to be
          issued upon conversion of the Series A Preferred Stock shall not be
          considered in determining whether a "change of control" has occurred;
          or

               ii. within one (1) year after a merger, consolidation,
          reorganization, liquidation, or sale of assets involving Glas-Aire
          Group or a contested election of a Glas-Aire Group director or any
          combination of the foregoing, the individuals who were directors of
          Glas-Aire Group immediately prior thereto shall cease to constitute a
          majority of the Board of Glas-Aire Group; or

               iii. within one (1) year after a tender offer or exchange offer
          for voting securities of Glas-Aire Group, the individuals who were
          directors of Glas-Aire Group immediately prior thereto shall cease to
          constitute a majority of the Board or Glas-Aire Group.

          d. "Disability" shall mean written documentation by a physician
     mutually agreeable to the Company and the Executive (or in the event of the
     Executive's total physical or mental disability, the Executive's legal
     representative) that the Executive is physically or mentally unable to
     perform his duties under this Agreement and that such disability can
     reasonably be expected to continue for a period of six (6) consecutive
     months or for shorter periods aggregating one hundred eighty (180) days in
     any twelve (12) month period.

          e. "Executive" shall mean Craig Grossman and, if the context requires,
     his heirs, personal representatives, and permitted successors and assigns.

          f. "Person" shall mean any natural person, incorporated entity,
     limited or general partnership, business trust, agency (governmental or
     private), division, political sovereign, or subdivision or instrumentality.

          g. "Reorganization" shall mean any transaction or any series of
     transactions consummated in a twelve (12) month period pursuant to which
     any Person acquires (by merger, acquisition, or otherwise) all or
     substantially all the assets of the Company or the then outstanding equity
     securities of the Company or any of its Subsidiaries and the Company or the
     Subsidiary or Subsidiaries which are involved are not the surviving entity
     or entities, the Company and any Subsidiary being deemed surviving if, and
     only if, the majority

                                      -2-
<PAGE>

     of the Board of Directors of the surviving entity were directors of the
     Company or Subsidiary involved with the transaction prior to the
     reorganization.

          h. "Subsidiary" or "Subsidiaries" shall mean any corporation or entity
     of which the Company shall from time to time own more than 50% of the
     voting stock or ownership interests.

     2.   Employment Period and Duties.

          a. Term. The Company hereby agrees to employ the Executive as
     President and Chief Executive Officer ("CEO") and the Executive hereby
     agrees to serve the Company in such capacity for a period commencing on the
     Effective Date of this Agreement and continuing thereafter for a period of
     twenty-four (24) months unless terminated by either party as provided
     herein.

          b. Services. Executive will perform those duties and have such
     authority and powers as are customarily associated with the offices of
     President and Chief Executive Officer and as set forth in the Company's
     Bylaws and, as may from time to time be assigned by the Board of Directors.

     3. Scope of Duties. The Executive will devote such amount of business time
to the conduct of the business of the Company as may be reasonably required to
effectively discharge Executive's duties under this Agreement, subject to the
supervision and direction of the Company's Board of Directors. Executive further
agrees to serve as Director of the Company, if nominated and elected as such;
provided, however, Executive shall be entitled to vacation periods as provided
in this Agreement and shall be entitled to engage in other business ventures,
and in particular to maintain employment as President and Chief Executive
Officer of Glas-Aire Industries Group Ltd., a Nevada Corporation, but only to
the extent that such other business does not interfere with or adversely affect
the performance of Executive's services under this Agreement.

     4. Location. The Executive shall perform the above services from a location
directed by the Company. If the Executive is required by the Company to relocate
to provide the above services, the Company shall pay for all direct costs and
expenses of relocation.

     5. Compensation. The remuneration of the Executive for his services
hereunder shall be at the rate of CDN $100,000 per year, together with any such
increments thereto as the Board of Directors of the Company may from time to
time determine, payable in bi-monthly installments in arrears.

     6. Reimbursement of Expenses. The Executive shall be reimbursed for all
reasonable, out-of-pocket expenses, including but not limited to travel and
entertainment expenses, incurred by him in connection with his duties hereunder.

     7. Vacation. The Executive shall be entitled to take and be paid for four
(4) paid vacation weeks per calendar year, to be taken at times acceptable to
the Executive. A total of up to four (4) weeks unused vacation may be
accumulated over the term of this Agreement. The Executive

                                      -3-
<PAGE>

shall also be entitled to be paid for all statutory holidays in effect in the
province of British Columbia. The Executive shall be entitled to additional
unpaid vacation to be negotiated with the Board of Directors.

     8.   Termination.

          a. Termination by Company for Other Than Cause. If the Company
     terminates the employment of the Executive without cause and without
     notice, the Executive will be entitled to receive as compensation in lieu
     of notice the remuneration that he would have received during the period
     following the termination for which the Executive is entitled to
     compensation for length of service under the Employment Standards Act.

          b. Termination by the Company for Cause. The Company shall have the
     right to terminate the employment of the Executive for Cause. Upon
     Termination of the Executive for Cause, Executive is to be immediately paid
     all salary and vacation pay accrued to the date of termination, but
     Executive will not be paid any severance compensation.

          d. Termination by Executive Without Cause. Executive may voluntarily
     terminate this Agreement at any time after giving the Company ninety (90)
     days prior written notice. In the event of a voluntary Termination by the
     Executive Without Cause, Company will pay to Employee all salary and
     vacation pay accrued to the date of termination, but Employee will not be
     paid any severance compensation.

          e. Change in Control. If at any time during the term of this Agreement
     there is a Change of Control, this, at Executive's option (to be exercised
     within one (1) year from the date Executive receives notice of the Change
     in Control), shall be considered a termination of Executive's employment by
     the Company for Other than Cause, and the provisions of paragraph (a) shall
     apply.

          f. Termination on Account of Executive's Death. In the event of
     Executive's death during the term of this Agreement, this Agreement shall
     terminate and Executive's designee shall receive all accrued salary and
     vacation pay.

     9. The Executive's Rights under Certain Plans. The Company agrees that
nothing contained herein is intended to or shall be deemed to be granted to the
Executive in lieu of any rights and privileges under any retirement, pension,
profit, insurance, hospitalization, moving expense reimbursement, or other plans
which may now be in effect or which will be adopted during the Employment
Period.

     10. Binding Agreement, Non-assignability. This Agreement and the rights and
obligations of the parties shall bind and inure to the benefit of each of the
parties hereto and shall also bind and inure to the benefit of any successor or
successors of the Company by reorganization, merger, or consolidation and any
assignee of all or substantially all of its business and properties; but except
as to any successor or assignee of the Company, neither this Agreement nor any
rights or benefits hereunder may be assigned by the Executive.

                                      -4-
<PAGE>

     11. Governing Law. This Agreement shall be governed by the laws of the
Province of British Columbia.

     12. Arbitration of Disputes and Judicial Proceedings. Any controversy or
claim arising out of or relating to this Agreement, or breach of this Agreement,
is to be settled by court action in British Columbia, Canada.

     13. Counterparts. This Agreement may be executed in several counterparts,
each of which shall be deemed an original and all of which shall constitute one
and the same instrument.

     In Witness Whereof, the Company has caused this Agreement to be executed
and its seal to be affixed hereunto by its officer thereunto duly authorized,
and the Executive has signed this Agreement, all as of the day and year written
above.

                                 GLAS-AIRE INDUSTRIES LTD.

April 12, 2002                   By:
                                    --------------------------------------------
                                 William R. Ponsoldt, Sr., Chairman of the Board

April 12, 2002
                                 -----------------------------------------------
                                 Craig Grossman

                                      -5-

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