Document:

EXHIBIT
      10.1

    

    STOCK
      PURCHASE AGREEMENT

    

    THIS
      STOCK PURCHASE AGREEMENT, dated as of September 11, 2007 (the “Agreement”),
      is by
      and among King of the Cage, Inc. (the “Company”),
      and
      the shareholders of the Company as listed in Schedule A hereto (collectively,
      the “Seller”),
      on
      the one hand, and ProElite, Inc., a New Jersey corporation (the “Purchaser”),
      on
      the other hand.

    

    WITNESSETH:

    

    WHEREAS,
      the Seller owns all issued and outstanding shares of capital stock of the
      Company (the “Company
      Shares”);
      and

    

    WHEREAS,
      the Seller desires to sell to the Purchaser, and the Purchaser desires to
      purchase, the Company Shares on the terms and conditions set forth below;
      and

    

    NOW,
      THEREFORE, in consideration of the premises and of the mutual representations,
      warranties and agreements set forth herein, the parties hereto agree as
      follows:

    

    ARTICLE
      I

    SALE
      AND PURCHASE OF SHARES

    

    1.1 Transfer
      of Shares.
      Subject
      to the terms and conditions set forth in this Agreement and in reliance upon
      the
      representations and warranties of the Seller, the Company and the Purchaser
      herein set forth, at the Closing as defined below in Section 3.1, the Seller
      shall sell, transfer, convey, assign and deliver to the Purchaser, and the
      Purchaser shall purchase from the Seller, by appropriate bills of sale,
      assignments and other instruments satisfactory to the Purchaser and its counsel,
      good and marketable title in and to the Company Shares.

    

    ARTICLE
      II

    PURCHASE
      PRICE, PAYMENT AND RELATED MATTERS

    

    2.1 Purchase
      Price.
      The
      Purchaser shall pay to the Seller for the Company Shares the purchase price
      (the
“Purchase Price”) as follows:

    

    (a) Fixed
      Payments.

    

    (i) $3,250,000
      cash, payable at the Closing (the “Closing
      Cash Payment”),
      by
      certified or cashier’s check or wire transfer of immediately available funds
      into a bank account or accounts designated in writing by the Seller on or prior
      to the Closing; and

    

    (ii) 178,571
      restricted shares of common stock of the Purchaser to be delivered by the
      Purchaser on January 2, 2008 to Seller and/or their designees, (the
“Initial
      PE Shares”).

    

    (iii) $500,000
      in cash to be paid to accounts designated by Seller sixty days from the Closing
      Date subject to any offset for claims made pursuant to Article VIII
      hereof.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    (b) Contingent
      Payments.
      For
      each twelve month period, commencing on the first day of the month immediately
      following the Closing Date, the following (collectively, the “Contingent
      Payments”),

    

    (i) The
      sum
      of US$500,000 within sixty days from the date (the “Anniversary
      Date”)
      of
      each of the first five anniversaries of the first day of the month immediately
      following the Closing Date, provided that
      not less
      than fifteen events were produced under the supervision of Terry Trebilcock
      (“Trebilcock”)
      under
      the King of the Cage (“KOTC”)
      name
      during the twelve month period prior to the applicable Anniversary
      Date.

    

    (ii) On
      each
      of the first five Anniversary Dates, $75,000 and the number of shares of common
      stock equal to $75,000, based on the lesser of the average closing prices of
      the
      Purchaser’s Common Stock for the five trading days immediately before the date
      of payment, or $7.00 per share (subject to adjustment for any stock splits,
      recapitalizations etc.), provided that
      no less
      than 22 events were produced under the supervision of Trebilcock and under
      the
      KOTC name for each 12 month period commencing the first day of the month after
      the Closing Date. 

    

    (iii) 13
      months
      after the Closing, $350,000 split evenly between a cash payment and a stock
      payment if the following conditions have been satisfied:

    

    (1) The
      earnings before interest, taxes, depreciation and amortization (“EBITDA”) for
      the Company’s operations for the twelve month period commencing the first
      calendar month immediately following the Closing shall be at least $700,000;
      and

    

    (2) There
      have been at least 22 events produced under the supervision of Trebilcock under
      the KOTC name during such period (the “Event
      Test”).

    

    Assuming
      the Event Test has been met for the applicable period, if EBITDA for the
      Company’s operations for the twelve month period commencing the first calendar
      month immediately following the Closing is below $700,000, the additional
      $350,000 payment will be proportionally reduced with the reduced amount split
      between cash and stock. The per share price shall be the lesser of the average
      closing prices of the Purchaser’s Common Stock for the 5 trading days
      immediately before the date of payment or $7.00 per share price (subject to
      adjustment for any stock splits, recapitalizations etc.).

     

    (iv) 25
      months
      after the Closing, $350,000 split evenly between a cash payment and a stock
      payment if the following conditions have been satisfied:

    

    (1) EBITDA
      for the Company’s operations for the twelve month period commencing the first
      full calendar month after the first anniversary of the Closing is at least
      $900,000; and

    

    (2) The
      Event
      Test has been met during such period.

    

    Assuming
      the Event Test has been met for the applicable period, if EBITDA for the
      Company’s operations for the twelve month period commencing the first full
      calendar month after the first anniversary of the Closing is below $900,000,
      the
      additional $350,000 payment will be proportionally reduced with the reduced
      amount split between cash and stock. The per share price shall be the lesser
      of
      the average closing prices of the Purchaser’s Common Stock for the five trading
      days immediately before the date of payment or $7.00 share price (subject to
      adjustment for any stock splits, recapitalizations etc.).

    

    
      
         

      

      
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    (v) 37
      months
      after the Closing, $350,000 split evenly between a cash payment and a stock
      payment if the following conditions have been satisfied:

    

    (1) EBITDA
      for the Company’s operations for the twelve month period commencing the first
      full calendar month after the second anniversary of the Closing is at least
      $1,000,000; and

    

    (2) The
      Event
      Test has been met during such period.

    

    Assuming
      the Event Test has been met for the applicable period, if EBITDA for the
      Company’s operations for the twelve month period commencing the first full
      calendar month after the second anniversary of the Closing is below $1,000,000,
      the additional $350,000 payment will be proportionally reduced with the reduced
      amount split between cash and stock. The per share price shall be the lesser
      of
      the average closing prices of the Purchaser’s stock for the five trading days
      immediately before the date of payment or $7.00 per share (subject to adjustment
      for any stock splits, recapitalizations etc.).

    

    (vi) 49
      months
      after the Closing, $350,000 split evenly between a cash payment and a stock
      payment if the following conditions have been satisfied:

    

    (1) EBITDA
      for the Company’s operations for the twelve month period commencing the first
      full calendar month after the third anniversary of the Closing is at least
      $1,300,000; and

    

    (2) The
      Event
      Test has been met during such period

    

    Assuming
      the Event Test has been met for the applicable period, if EBITDA for the
      Company’s operations for the twelve month period commencing the first full
      calendar month after the third anniversary of the Closing is below $1,300,000,
      the additional $350,000 payment will be proportionally reduced with the reduced
      amount split between cash and stock. The per share price shall be the lesser
      of
      the average closing prices of the Purchaser’s Common Stock for the five trading
      days immediately before the date of payment or $7.00 per share (subject to
      adjustment for any stock splits, recapitalizations etc.).

    

    (vii) 61
      months
      after the Closing, $350,000 split evenly between a cash payment and a stock
      payment if the following conditions have been satisfied:

    

    (1) EBITDA
      for the Company’s operations for the twelve month period commencing the first
      full calendar month after the fourth anniversary of the Closing is at least
      $1,500,000; and 

    

    (2) The
      Event
      Test has been met during such period

    

    Assuming
      the Event Test has been met for the applicable period, if EBITDA for the
      Company’s operations for the twelve month period commencing the first full
      calendar month after the fourth anniversary of the Closing is below $1,500,000,
      the additional $350,000 payment will be proportionally with the reduced amount
      reduced split between cash and stock. The per share price shall be the lesser
      of
      the average closing prices of Purchaser’s Common Stock for the five trading days
      immediately before the date of payment or $7.00 per share.

    

    
      
         

      

      
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    Notwithstanding
      anything herein to the contrary, with regard to any Contingent Payment payable
      in stock, (a) there shall be a floor of $2 per share (adjusted for any stock
      splits, recapitalizations, etc.), and (b) in the event the average closing
      prices of the stock for the five trading days before the applicable date of
      payment is less than $7 per share, the Purchaser shall have the option to pay
      in
      cash.

    

    2.2 Transfer
      Taxes.
      The
      Seller shall be solely responsible for the payment of any and all federal and
      state income taxes incident to the sale and transfer of the Company Shares
      contemplated herein.

    

    ARTICLE
      III

    THE
      CLOSING

    

    3.1 Time
      and Place of Closing.
      The
      closing of the transactions contemplated hereby (the “Closing”) shall take place
      at the offices of Troy & Gould Professional Corporation at 10:00 a.m. on
      September 12, 2007 (the “Closing Date”) as such date may be changed upon
      agreement of the Parties.

     

    3.2 Actions
      at the Closing.
      At the
      Closing, the Seller and the Purchaser shall take such action and execute and
      deliver such agreements and other documents and instruments as necessary or
      appropriate to effect the transactions contemplated by this Agreement in
      accordance with its terms and conditions, including, without limitation, the
      following:

    

    (a) The
      Purchaser shall pay and deliver to the Seller the Closing Cash
      Payment;

    

    (b) The
      Seller shall deliver to the Purchaser certificates representing all Company
      Shares, together with stock powers duly endorsed for transfer of the Company
      Shares to the Purchaser.

    

    (c) The
      applicable parties shall execute and deliver the Trebilcock Employment
      Agreement, the Pledge Agreement, and the Lock-up Agreement.

    

    ARTICLE
      IV

    REPRESENTATIONS
      AND WARRANTIES OF THE SELLER AND THE COMPANY

    

    Each
      Seller and the Company hereby jointly and severally represent and warrant to
      the
      Purchaser that:

    

    4.1 Title
      to Company Shares.
      The
      Seller is the sole legal and beneficial owner of the Company Shares, and upon
      consummation of the purchase contemplated herein, the Purchaser will acquire
      from the Seller good and marketable title to the Company Shares, free and clear
      of all liens, claims, encumbrances or restrictions.

    

    4.2 Authority
      to Execute and Perform Agreements.
      The
      Seller has the full right, power and authority to enter into, execute and
      deliver this Agreement and to transfer, convey and sell to the Purchaser at
      the
      Closing the Company Shares.

    

    4.3 Enforceability.
      This
      Agreement has been duly and validly executed by the Seller and (assuming the
      due
      authorization, execution and delivery of Purchaser) constitutes the legal,
      valid
      and binding obligation of the Seller, enforceable in accordance with its terms,
      except as the same may be limited by applicable bankruptcy, insolvency,
      reorganization, moratorium or similar laws affecting creditors’ rights generally
      or by general equitable principles affecting the enforcement of
      contracts.

    

    
      
         

      

      
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    4.4 No
      Violation.
      The
      execution or delivery by the Seller of this Agreement does not violate in any
      material respect any applicable law or any judgment, order or decree of any
      court, and will not result in the creation or imposition of any lien, charge
      or
      other encumbrance upon the Company Shares.

    4.5 Non-Contravention.
      Neither
      the execution and delivery of this Agreement or the other agreements
      contemplated hereby to be executed by the Seller nor the consummation by the
      Seller of the transactions contemplated hereby or thereby does or would after
      the giving of notice or the lapse of time or both, (i) conflict with, result
      in
      a breach of, constitute a default under, or violate the charter documents of
      the
      Company or, (ii) conflict with, result in a breach of, constitute a default
      under, result in the acceleration of, create in any party the right to
      accelerate, terminate, amend, modify, cancel or refuse to perform under, or
      require any notice under any agreement, contract, commitment, license, lease,
      instrument or other arrangement to which either of the Seller or the Company
      is
      a party or by which either of them is bound; or (iii) result in the
      creation of, or give any party the right to create, any lien or other rights
      or
      adverse interests upon any right, property or asset of the Company or the
      Seller.

    

    4.6 Securities
      Laws.
      The
      Company Shares were issued in full compliance with all applicable laws relating
      to the issuance or sale of securities, and the Seller has obtained all necessary
      permits and other authorizations or orders of exemption as may be necessary
      or
      appropriate under all applicable laws relating to the issuance or sale of
      securities with respect to the transactions contemplated herein.

    

    4.7 No
      Adverse Litigation.
      The
      Seller is not a party to any pending litigation which seeks to enjoin or
      restrict the Seller’s ability to sell or transfer the Company Shares hereunder,
      nor is any such litigation threatened against the Seller. Furthermore, there
      is
      no litigation pending or threatened against the Seller which, if decided
      adversely to the Seller, could adversely affect the Seller’s ability to
      consummate the transactions contemplated herein or the Purchaser’s ownership of
      the Company shares.

    

    4.8 Representations
      with Respect to the Company.
      

    

    (a) The
      Company is a corporation duly incorporated, validly existing and in good
      standing under the laws of California.

    

    (b) The
      Company does not own, directly or indirectly, any capital stock, equity or
      interest in any corporation, firm, partnership, joint venture or other
      entity.

     

    (c) The
      authorized capital stock of the Company consists solely of 1,000,000 shares
      of
      Common Stock, of which 100 shares are issued and outstanding. All of the
      outstanding shares of Common Stock have been duly authorized, validly issued,
      fully paid and nonassessable, and have not been issued in violation of any
      preemptive right of stockholders. There is no outstanding voting trust agreement
      or other contract, agreement, arrangement, option, warrant, call, commitment
      or
      other right of any character obligating or entitling the Company to issue,
      sell,
      redeem or repurchase any of its securities, and, there is no outstanding
      security of any kind convertible into or exchangeable for any shares of the
      capital stock of the Company. The Company has not granted registration rights
      to
      any person. 

     

    
      
         

      

      
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    (d) Except
      as
      disclosed on the balance sheet of the Company as of June 30, 2007, the
      Company does not have any (a) assets of any kind or (b), commitments,
      liabilities or obligations, whether secured or unsecured, accrued, determined,
      absolute or contingent, asserted or unasserted or otherwise. 

    

    (e) The
      Company has provided true, correct and accurate copies of the unaudited balance
      sheet of the Company as of June 30, 2007 and the related statements of
      operations, changes in shareholders’ equity and cash flow for the period then
      ended, all of which fairly
      present the financial position of the Company and the results of operation
      and
      cash flow thereof, as of the dates and for the periods indicated.

     

    (f) The
      Company has filed all tax returns and reports which were required to be filed
      on
      or prior to the date hereof in respect of all income, withholding, franchise,
      payroll, excise, property, sales, use, value-added or other taxes or levies,
      imposts, duties, license and registration fees, charges, assessments or
      withholdings of any nature whatsoever (together, “Taxes”),
      and
      has paid all Taxes (and any related penalties, fines and interest) which have
      become due pursuant to such returns or reports or pursuant to any assessment
      which has become payable, or, to the extent its liability for any Taxes (and
      any
      related penalties, fines and interest) has not been fully discharged, the same
      have been properly reflected as a liability on the books and records of the
      Company and adequate reserves therefore have been established. 

    

    (g) Schedule 4.8(g)
      contains a complete and accurate list of all material agreements (whether
      written or oral) to which the Company is a party or is bound (“Contracts”).
      Each
      Contract is in full force and effect and is valid and enforceable in accordance
      with its terms. The Company is, and at all times has been, in compliance with
      all material terms and requirements of each Contract and the other party or
      parties to such Contracts is, and has been, in like compliance.

     

    (h) The
      Company has conducted its business in material compliance with all applicable
      laws, ordinances, rules, regulations, court or administrative order, decree
      or
      process (“Applicable
      Law”).
      The
      Company has not received any notice of violation or claimed violation of any
      Applicable Law.

    

    (i) There
      is
      no claim, dispute, action, suit, proceeding or investigation pending or, to
      the
      knowledge of Seller, threatened, against the Company, or challenging the
      validity or propriety of the transactions contemplated by this Agreement, at
      law
      or in equity or admiralty or before any federal, state, local, foreign or other
      governmental authority, board, agency, commission or instrumentality, nor to
      the
      knowledge of the Seller, has any such claim, dispute, action, suit, proceeding
      or investigation been pending or threatened, during the twelve month period
      preceding the date hereof. There is no outstanding judgment, order, writ,
      ruling, injunction, stipulation or decree of any court, arbitrator or federal,
      state, local, foreign or other governmental authority, board, agency, commission
      or instrumentality, against the Company. The Company has not received any
      written or verbal inquiry from any federal, state, local, foreign or other
      governmental authority, board, agency, commission or instrumentality concerning
      the possible violation of any Applicable Law.

    

    
      
         

      

      
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    (j) Schedule 4.8(b)
      contains a complete and accurate list of all trademarks, service marks, trade
      names, domain names, copyrights, trade secrets, websites and all other
      proprietary and intellectual property rights (the “Intellectual
      Property”)
      owned
      by or licensed to the Company. None of the Intellectual Property infringes
      or
      violates the rights of any third party and no claim is pending or threatened
      alleging any of the foregoing. The Intellectual Property listed on
      Schedule 4.8(b) is all of the Intellectual Property necessary for the
      conduct of the Company’s business.

     

    4.9 Interested
      Party Transactions.
      The
      Company is not indebted to the Seller or any of them or to any director, officer
      or employee of the Company (except for amounts due as salaries, bonuses,
      commissions and reimbursements of expenses in the ordinary course of the
      Company’s business), and no such person is indebted to the Company.

    

    4.10 No
      Broker.
      No
      broker, finder, agent or similar intermediary has acted for or on behalf of
      Seller or is entitled to a fee or commission in connection with this Agreement
      or the transactions contemplated hereby.

    

    4.11 Investment
      Purpose; Lock-up

    

    (a) The
      Seller is acquiring the Initial PE Shares and any additional shares of the
      Purchaser’s Common Stock as provided herein (together with the Initial PE
      Shares, the “PE
      Shares”),
      for
      investment for the Seller’s own account and not as a nominee or agent, and not
      with a view to the resale or distribution of any part thereof, and the Seller
      has no present intention of selling, granting any participation in, or otherwise
      distributing the same. The Seller further represents that the Seller does not
      have any contract, undertaking, agreement or arrangement with any person to
      sell, transfer or grant participation to such person or to any third person,
      with respect to any of the PE Shares.

    

    (b) The
      Seller understands that the sale of the PE Shares hereunder are not being
      registered under the Securities Act of 1933, as amended (the “Securities
      Act”),
      on
      the ground that the sale is exempt from registration under the Securities Act,
      and that the Purchaser’s reliance on such exemption is predicated, in part, on
      the Seller’s representations set forth herein.

    

    (c) The
      Seller acknowledges that the PE Shares are subject to the terms of the Lock-up
      Agreement attached hereto (the “Lock-up” Agreement).

    

    4.12 Restricted
      Securities.
      The
      Seller understands that the PE Shares may not be sold, transferred, or otherwise
      disposed of without registration under the Securities Act of 1933 as amended
      (the “Securities
      Act”)
      or an
      exemption therefrom, and that in the absence of an effective registration
      statement covering the PE Shares or any available exemption from registration
      under the Securities Act, the PE Shares must be held indefinitely. The Seller
      is
      aware that the PE Shares may not be sold pursuant to Rule 144 promulgated under
      the Securities Act unless all of the conditions of that Rule are met. Among
      the
      conditions for use of Rule 144 may be the availability of current information
      to
      the public about the Purchaser. Notwithstanding the foregoing, a portion of
      the
      PE Shares may be issued or distributed to persons other than the Seller provided
      that each such issuee or distributee executes an appropriate investment
      representation document.

    

    
      
         

      

      
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    ARTICLE
      V

    REPRESENTATIONS
      AND WARRANTIES OF THE PURCHASER

    

    The
      Purchaser represents and warrants to the Seller that:

    

    5.1 Organization;
      Authority; Due Authorization.
      The
      Purchaser is duly organized, validly existing and in good standing under the
      laws of the state of New Jersey, and has all requisite corporate power,
      authority and approvals required to enter into, execute and deliver this
      Agreement and to perform fully its obligations hereunder. The Purchaser has
      taken all actions necessary to authorize it to enter into and perform fully
      its
      obligations under this Agreement and to consummate the transactions contemplated
      herein. This Agreement is the legal, valid and binding obligation of the
      Purchaser, enforceable in accordance with its terms.

    

    5.2 No
      Violation.
      The
      execution and delivery of this Agreement and the consummation of the
      transactions contemplated herein will not (a) violate, conflict with, or
      constitute a default under any contract or other instrument to which the
      Purchaser is a party or by which it or its property is bound, (b) require the
      consent of any party to any material contract or other agreement to which
      Purchaser is a party or by which it or its property is bound, or
      (c) violate any laws or orders to which Purchaser or its property is
      subject.

    

    5.3 Capitalization.
      The
      authorized capital stock of Purchaser consists of (i) 250,000,000 shares of
      common stock, par value $0.0001, of which 43,028,333 shares are outstanding
      as
      of the date of this Agreement and (ii) 20,000,000 shares of preferred
      stock, of which no shares are outstanding. The PE Shares have been duly
      authorized, and, when issued in accordance with the provisions of this
      Agreement, will be validly issued, fully paid and nonassessable. 

    

    5.4 Financial
      Statements.
      Purchaser’s financial statements included in Purchaser’s filings with the U.S.
      Securities and Exchange Commission fairly and accurately present the financial
      condition and results of operations as of the respective dates of and for the
      periods referred to in such financial statements.

    

    5.5 Taxes.
      Purchaser has filed all tax returns and reports which were required to be filed
      on or prior to the date hereof in respect of all income, withholding, franchise,
      payroll, excise, property, sales, use, value-added or other taxes or levies,
      imposts, duties, license and registration fees, charges, assessments or
      withholdings of any nature whatsoever and has paid all Taxes (and any related
      penalties, fines and interest) which have become due pursuant to such returns
      or
      reports or pursuant to any assessment which has become payable, or, to the
      extent its liability for any Taxes (and any related penalties, fines and
      interest) has not been fully discharged, the same have been properly reflected
      as a liability on the books and records of Purchaser and adequate reserves
      therefore have been established.

    

    5.6 Compliance
      with Law.
      Purchaser has conducted its business in material compliance with all applicable
      laws, ordinances, rules, regulations, court or administrative order, decree
      or
      process. Purchaser has not received any notice of violation or claimed violation
      of any Applicable Law.

    

    
      
         

      

      
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    5.7 Litigation.
      There
      is no claim, dispute, action, suit, proceeding or investigation pending or,
      to
      the knowledge of Purchaser, threatened, against Purchaser, or challenging the
      validity or propriety of the transactions contemplated by this Agreement, at
      law
      or in equity or admiralty or before any federal, state, local, foreign or other
      governmental authority, board, agency, commission or instrumentality, nor to
      the
      knowledge of the Purchaser, has any such claim, dispute, action, suit,
      proceeding or investigation been pending or threatened, during the twelve month
      period preceding the date hereof. There is no outstanding judgment, order,
      writ,
      ruling, injunction, stipulation or decree of any court, arbitrator or federal,
      state, local, foreign or other governmental authority, board, agency, commission
      or instrumentality, against Purchaser. Purchaser has not received any written
      or
      verbal inquiry from any federal, state, local, foreign or other governmental
      authority, board, agency, commission or instrumentality concerning the possible
      violation of any Applicable Law.

    

    5.8 No
      Broker.
      No
      broker, finder, agent or similar intermediary has acted for or on behalf of
      Purchaser or is entitled to a fee or commission in connection with this
      Agreement or the transactions contemplated hereby.

    

    ARTICLE
      VI

    COVENANTS

     

    6.1 Further
      Assurances.
      Upon
      the terms and subject to the conditions contained in this Agreement, the parties
      agree, before and after the Closing, (a) to use all reasonable efforts to take,
      or cause to be taken, all actions and to do, or cause to be done, all things
      necessary, proper or advisable to consummate and make effective the transactions
      contemplated by this Agreement, (b) to execute any documents, instruments or
      conveyances of any kind which may be reasonably necessary or advisable to carry
      out any of the transactions contemplated hereunder or thereunder, (c) to provide
      whatever information and documentation is reasonably required to enable the
      Purchaser to prepare financial statements with respect to the Company, and
      (d)
      to cooperate with each other in connection with the foregoing. 

    

    6.2 Conduct
      of Business.
      From
      the Agreement Date through the Closing Date, the Company shall, except as
      permitted by this Agreement or as consented to by the Purchaser in writing,
      conduct the business only in the ordinary course of business and (i) will not
      take any action inconsistent with this Agreement or with the consummation of
      the
      transactions contemplated hereby and thereby, and (ii) use its best efforts
      to
      maintain the continuity of management and maintain the business in a condition
      that complies with laws and is consistent with the requirements of the business
      as it is presently conducted except that the Company may distribute to the
      Seller the assets set forth on Schedule B.

    

    
      
         

      

      
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          9 -

        
          

        

      

      
         

      

       

    

    6.3 Covenant
      Not to Compete.

    

    (a) Subject
      to the performance by the Purchaser of its obligations under this Agreement
      and
      the other agreements contemplated hereby, Seller shall not, for a period of
      four
      years from and after the Closing Date, directly or indirectly, as a partner,
      joint venturer, employer, employee, contractor, consultant, shareholder,
      director, officer, trustee, principal or agent engage in, control, advise with
      respect to, manage, act as a consultant to, receive any economic benefit from
      or
      exert any influence upon any business or businesses engaged in the business
      as
      conducted by the Company immediately prior to the Closing (the “Restricted
      Business”),
      in the
      United States, provided that the Seller may, without violating this covenant,
      become employed or otherwise engaged by a given entity which engages in one
      or
      more businesses in addition to the Restricted Business, if such other businesses
      are separate and distinct from the Restricted Business and such Seller (i)
      is
      not involved in any way whatsoever in the Restricted Business either directly
      or
      indirectly through supervision of, administration of, or consultation to those
      involved in the Restricted Business, or otherwise and (ii) prior to accepting
      such employment or engagement, notifies such entity in writing that he is
      subject to this covenant not to compete, supplies a copy of such covenant to
      such entity and delivers a copy of such notice to the Purchaser; and provided
      further that the Seller may, without violating this covenant own as a passive
      investment not in excess of five percent of the securities of a corporation
      which engages in the Restricted Business if such securities are regularly and
      publicly traded on a national securities exchange or in the over-the-counter
      market.

    

    (b) Subject
      to the performance by the Purchaser of its obligations under this Agreement
      and
      the other agreements contemplated hereby, Seller shall not, for a period of
      four
      years from and after the Closing Date, engage or participate in any effort
      or
      act to solicit the Company’s or Purchaser’s clients, associates or employees to
      cease doing business, or to cease their employment or association, with the
      Company or the Purchaser or interfere in any manner with the contractual or
      employment relationship between the Company or the Purchaser and any such
      client, associate or employee of the Company or Purchaser.

    

    (c) The
      Seller acknowledges that the foregoing territorial and time limitations are
      reasonable and properly required for the adequate protection of the Purchaser
      and that in the event that any such territorial or time limitation is deemed
      to
      be unreasonable and is then reduced by a court of competent jurisdiction, then,
      as reduced, the territorial or time limitation shall be enforced.

    

    (d) The
      Seller acknowledges that the remedy at law for any breach or threatened breach
      by them of the agreements contained in this Section 6.1 will be inadequate
      and agree that the Purchaser, in the event of such breach or threatened breach,
      in addition to all other remedies available for such breach or threatened breach
      (including a recovery of damages), will be entitled to obtain preliminary or
      permanent injunctive relief without being required to prove actual damages
      or
      post bond and, to the extent permitted by applicable statutes and rules of
      procedure, a temporary restraining order (or similar procedural device) upon
      the
      commencement of such action. This Section 6.3 constitutes an independent
      and severable covenant and if any or all of the provisions of this
      Section 6.3 are held to be unenforceable for any reason whatsoever, it will
      not in any way invalidate or affect the remainder of this Agreement which will
      remain in full force and effect. The Seller and Purchaser intend for the
      covenants of this Section 6.1 to be enforceable to the maximum extent
      permitted by law, and if any reviewing court deems any such covenants to be
      unenforceable or invalid, the Seller and the Purchaser authorize such court
      to
      reform the unenforceable or invalid provisions and to impose such restrictions
      as reformed and the remaining provisions as it deems reasonable.

    

    
      
         

      

      
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          10 -

        
          

        

      

      
         

      

       

    

    (e) The
      covenants set forth in this Section 6.3 shall no longer be in force and effect
      at such time as Seller exercises their rights and remedies pursuant to Section
      11(b) of the Pledge Agreement, it being understood that upon any such exercise,
      the Purchaser shall have no further right to use the name “King of the
      Cage.”

    

    6.4 Operation
      of the Business—Post Closing.
      The
      Parties acknowledge that a portion of the Purchase Price is contingent upon
      the
      operation of the Company after the Closing. Accordingly, the following shall
      apply during the period that any Contingent Payment is subject to being earned
      pursuant to Section 2.1(b): 

    

    (a) The
      Company will be operated as a separate unit under the “KOTC” name and trademark.
      Prior to each quarterly period (or portion thereof), Trebilcock and Purchaser
      shall develop a budget (the “Budget”)
      for
      MMA events to be held in such quarter. Trebilcock shall have sole check writing
      responsibility for expenses related to such events up to $20,000 per item or
      series of related items and thereafter co-authority with a designated officer
      of
      Purchaser. Any expense not directly related to an event, such as s, g & a
      items, will be paid out of Purchaser’s account (but will be charged against the
      Company). Purchaser shall not interfere with any contractual obligations of
      the
      Company disclosed on Schedule 4.8(g).

    

    (b) Subject
      to Trebilcock’s compliance with the terms of the Trebilcock Employment Agreement
      (as referenced to in Section 7.1(f) below), Trebilcock shall have the
      principal responsibility for the ordinary course decisions relating to the
      arranging and promotion of events consistent with past practice, including
      venue
      and fighter selection and the terms of the arrangements with fighters. However,
      such responsibility is subject to the overall strategic objections of Purchaser.
      Accordingly, Trebilcock will consult with Purchaser regarding selection of
      fighters and must obtain Purchaser’s approval with respect to matters which may
      affect Purchaser’s strategic or corporate initiatives including, without
      limitation, sponsorships and media. To the extent that Trebilcock is prevented
      from pursuing initiatives, including as a direct result of Trebilcock performing
      duties for other than the Company, which, had they been implemented would have
      increased EBITDA, the Company shall be credited for any objectively
      ascertainable loss in EBITDA or, if not so ascertainable, the parties shall
      use
      their best efforts to develop an arrangement to credit the Company for the
      loss
      in EBITDA, in the absence of which the provisions of Section 9.15 shall
      apply. To the extent that Trebilcock is prevented by Purchaser from conducting
      events under the KOTC name and trademark which would ordinarily be conducted
      under such name, Trebilcock will get credit for such event as if it was
      conducted under the KOTC name.

    

    (c) Any
      overhead or similar charges imposed by the Purchaser shall be reasonable and
      consistent with such charges as may be imposed with respect to other units
      of
      the Purchaser and the benefits to be received by the Company such as legal
      and
      accounting assistance, rents (if any space is provided), and payroll and payroll
      taxes of persons assigned to work on the Company’s activities. Subject to a
      pre-approved budget and the right of Purchaser to reject a specific individual
      on reasonable grounds Trebilcock shall have the right to control staffing and
      hiring of professionals, agents and representatives except accountants, it
      being
      understood that the Company’s current operational event crew members are
      pre-approved.

    

    
      
         

      

      
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          11 -

        
          

        

      

      
         

      

       

    

    (d) Based
      on
      the Budget, the Purchaser will ensure that the Company has sufficient resources
      to operate in accordance with a business plan to be developed by Trebilcock
      and
      approved by Purchaser at the beginning of each yearly period.

    

    Notwithstanding
      the foregoing, the Seller acknowledges that the Purchaser is a public company
      and that Trebilcock and the other management of the Company must comply with
      the
      rules and guidelines reasonably imposed by the Purchaser, including policies,
      procedures and controls established by Purchaser, as in effect from time to
      time, to comply with Purchaser’s obligations under the securities laws and the
      rules and regulations promulgated thereunder. 

    

    (e) All
      parties agree that: (i) an election shall be made under Internal Revenue
      Code section 1377(a)(2) for closing the corporate books and Sellers will be
      responsible for filing the final S corporation tax return and allocation of
      the
      income and expense shall be made under accrual basis accounting; and
      (ii) that they will make a timely election under internal Revenue Code
      Section 338(h)(10) and that Purchaser shall allocate the purchase price pursuant
      to the rules thereunder; provided that there are no adverse tax consequences
      to
      Sellers for making such an election.

    

    6.5 Receivables.
      All
      receivables accrued as of September 30, 2007 (and all cash collected with
      respect thereto) from the ordinary course activities of the Company shall be
      distributed to Seller as soon as possible.

    

    ARTICLE
      VII

    CONDITIONS
      PRECEDENT TO CLOSING

    

    7.1 Conditions
      to Seller’s Obligations to Close.
      The
      obligations of the Seller to consummate the transactions provided for hereby
      are
      subject to the satisfaction, before or on the Closing Date, of each of the
      conditions set forth below in this Section 7.1, any of which may be waived
      by Seller.

    

    (a) Representations,
      Warranties and Covenants.
      (i) All
      representations and warranties of the Purchaser contained in this Agreement,
      shall be true and correct at and as of the Agreement Date and at and as of
      the
      Closing Date, and (ii) the Purchaser shall have performed and satisfied all
      agreements and covenants, required hereby to be performed by it before or on
      the
      Closing Date. 

    

    (b) No
      Actions or Court Orders.
      There
      shall not be any court decision, order or injunction by any court or other
      governmental body that makes the purchase and sale of the Company Shares
      contemplated hereby illegal or otherwise prohibited. 

    

    (c) Closing
      Deliverables.
      The
      Purchaser shall have delivered, or caused to be delivered, to Seller those
      items
      set forth in Section 3.2(a) hereof.

    

    (d) Pledge
      Agreement.
      The
      Purchaser shall have executed and delivered to the Seller a Pledge Agreement
      (the “Pledge
      Agreement”)
      in
      form and substance reasonably satisfactory to the Seller pursuant to which
      the
      Purchaser has granted to the Seller a first priority security interest in and
      to
      the Company Shares to secure the Purchaser’s obligations with respect to the
      Contingent Payments.

    

    
      
         

      

      
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          12 -

        
          

        

      

      
         

      

       

    

    (e) Employment
      Agreement.
      Trebilcock shall have entered into an Employment Agreement with the Company
      (the
“Trebilcock Employment Agreement”) in form and substance reasonably satisfactory
      to the Parties on the terms set forth on Schedule C.

    

    (f) Distribution
      of Assets.
      On or
      before the Closing, all cash and cash equivalents as of the Closing shall be
      distributed to the Seller.

    

    (g) Lock-up
      Agreement.
      The
      parties have entered into the Lock-up Agreement. 

    

    7.2 Conditions
      to the Purchaser’s Obligations to Close.
      The
      obligations of the Purchaser to consummate the transactions provided for hereby
      are subject to the satisfaction, before or on the Closing Date, of each of
      the
      conditions set forth below in this Section 7.2, any of which may be waived
      by the Purchaser.

    

    (a) Representations,
      Warranties and Covenants.
      (i) All
      representations and warranties of Seller and the Company contained in this
      Agreement, shall be true and correct at and as of the Agreement Date and at
      and
      as of the Closing Date, and (ii) Seller and the Company shall have performed
      and
      satisfied all agreements and covenants, required hereby to be performed by
      it
      before or on the Closing Date.

    

    (b) No
      Actions or Court Orders.
      No
      action by any governmental body or other person shall have been instituted
      or
      threatened which questions the validity or legality of the transactions
      contemplated hereby and which could reasonably be expected to damage the
      Purchaser, or the Company if the transactions contemplated hereby are
      consummated. There shall not be any regulation or court order that makes the
      purchase and sale of the Company Shares contemplated hereby illegal or otherwise
      prohibited.

    

    (c) Ancillary
      Agreements.
      Seller
      shall have executed and delivered all agreements contemplated hereunder to
      which
      it is a party.

    

    (d) Consents.
      All
      permits, consents, approvals and waivers from any entity shall have been
      obtained, except to the extent that the failure to obtain such permits,
      consents, approvals and waivers could not reasonably be expected to materially
      damage the Purchaser after the Closing. 

    

    (e) No
      Material Adverse Change.
      There
      shall have been no material adverse change to the business of the
      Company.

    

    (f) Closing
      Deliverables.
      The
      Seller shall have delivered, or caused to be delivered, to the Purchaser those
      items set forth in Section 3.2(b) hereof.

    

    (g) Trebilcock
      Employment Agreement.
      The
      Trebilcock Employment Agreement shall have been entered into.

    

    (h) Due
      Diligence Confirmation.
      The
      Purchaser has confirmed to its reasonable satisfaction the
      following:

    

    
      
         

      

      
        -
          13 -

        
          

        

      

      
         

      

       

    

    (1) The
      Company has enforceable fighter and talent contracts with at least 10 fighters
      including Charles Bennett, Sean Loeffler, Buddy Clinton, Aaron Witherspoon,
      Ryan
      Diaz, Thricia Poovey, Will Robertson, Sean McCafferty, and Victor
      Valenzuela.

    

    (2) The
      Company has enforceable venue contracts with at least 6 casinos and a pending
      deal with Soboba Casino for a period of 2 years for at least 8
      dates.

    

    (3) The
      Company has sponsorship agreements of at least $350,000 for 2007.

    

    (4) The
      Company has a Canadian Event License Agreement for $77,000 per year for 2007,
      2008, and 2009.

    

    (5) The
      Company has library of content (including at least 70 titles) for all media
      platforms; and enforceable contracts for the home video license of content
      (including DVD) showing minimum fees of $200,000 per year for a period of five
      years.

    

    (6) The
      Company owns or has license rights in all KOTC brands, Logos, Marks, Trade
      Marks, Service Marks.

    

    (7) The
      Company has an enforceable retail merchandise contract with CF Brand guaranteed
      for 2007 for a minimum of $75,000.

    

    (8) The
      Company has generated at least $220,000 in net income for 2006 and such results
      together with the financial results for 2005 are auditable.

    

    (9) The
      Company has no liabilities/lawsuits except for trade payables incurred in the
      ordinary course of business.

    

    (10) The
      Company’s books and records are auditable.

    

    ARTICLE
      VIII

    INDEMNIFICATION

    

    8.1 Indemnity
      of the Seller.
      For a
      period of two (2) calendar years following the date of the Closing the Seller
      shall indemnify, defend and hold harmless the Purchaser from and against, and
      shall reimburse the Purchaser with respect to, all liabilities, losses, costs
      and expenses, including, without limitation, reasonable attorneys’ fees and
      disbursements (collectively the “Losses”)
      asserted against or incurred by such Purchaser by reason of, arising out of,
      or
      in connection with any material breach of any representation or warranty
      contained in this Agreement made by the Seller or in any document or certificate
      delivered by the Seller pursuant to the provisions of this Agreement or in
      connection with the transactions contemplated thereby.

    

    8.2 Indemnity
      of the Purchaser.
      The
      Purchaser agrees to indemnify, defend and hold harmless the Seller from and
      against, and to reimburse the Seller with respect to, all liabilities, losses,
      costs and expenses, including, without limitation, reasonable attorneys’ fees
      and disbursements, asserted against or incurred by the Seller by reason of,
      arising out of, or in connection with any material breach of any representation
      or warranty contained in this Agreement or made by the Purchaser or in any
      document or certificate delivered by the applicable Purchaser pursuant to the
      provisions of this Agreement or in connection with the transactions contemplated
      thereby.

    

    
      
         

      

      
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          14 -

        
          

        

      

      
         

      

       

    

    8.3 Indemnification
      Procedure.
      A party
      (an “Indemnified
      Party”)
      seeking indemnification shall give prompt notice to the other party (the
“Indemnifying
      Party”)
      of any
      claim for indemnification arising under this Article VII. The Indemnifying
      Party
      shall have the right to assume and to control the defense of any such claim
      with
      counsel reasonably acceptable to such Indemnified Party, at the Indemnifying
      Party’s own cost and expense, including the cost and expense of attorneys’ fees
      and disbursements in connection with such defense, in which event the
      Indemnifying Party shall not be obligated to pay the fees and disbursements
      of
      separate counsel for such in such action. In the event, however, that such
      Indemnified Party’s legal counsel shall determine that defenses may be available
      to such Indemnified Party that are different from or in addition to those
      available to the Indemnifying Party, in that there could reasonably be expected
      to be a conflict of interest if such Indemnifying Party and the Indemnified
      Party have common counsel in any such proceeding, or if the Indemnified Party
      has not assumed the defense of the action or proceedings, then such Indemnifying
      Party may employ separate counsel to represent or defend such Indemnified Party,
      and the Indemnifying Party shall pay the reasonable fees and disbursements
      of
      counsel for such Indemnified Party. No settlement of any such claim or payment
      in connection with any such settlement shall be made without the prior consent
      of the Indemnifying Party which consent shall not be unreasonably
      withheld.

    

    8.4 Limitation
      on Indemnification.
      An
      Indemnifying Party shall not have any liability under Section 8.1 or 8.2
      for any claims unless the aggregate amount of Losses to the Indemnified Party
      finally determined exceeds $25,000 (the “Threshold
      Amount”),
      in
      which event the Indemnifying Party shall be required to pay the full amount
      of
      such Losses in excess of the Threshold Amount, provided, however, that maximum
      liability of any party hereunder shall be limited to the consideration received
      by such Party under this Agreement.

    

    ARTICLE
      IX

    MISCELLANEOUS

    

    9.1 Publicity.
      No
      party to this Agreement shall issue any press release or make any public
      announcement regarding the transactions contemplated by this Agreement without
      the prior written approval of the other party.

    

    9.2 Confidential
      Information.
      The
      parties acknowledge that the transaction described in this Agreement is of
      a
      confidential nature and shall not be disclosed except to representatives and
      affiliates, or as required by law, until such time as the parties make a public
      announcement regarding the transaction as provided in Section 9.1. No party
      shall make any public disclosure of the specific terms of this Agreement, except
      as required by law. In connection with the negotiation of this Agreement and
      preparation for the consummation of the transactions contemplated hereby, each
      party acknowledges that it will have access to confidential information relating
      to the other party. Such confidential information shall be subject to this
      Agreement and be kept confidential and used only in connection with the
      transactions contemplated herein.

    

    
      
         

      

      
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          15 -

        
          

        

      

      
         

      

       

    

    9.3 Termination
      Events.

    

    (a) This
      Agreement may be terminated at any time prior to the Closing: 

    

    (i) by
      the
      mutual written agreement of the Purchaser and the Seller;

    

    (ii) by
      the
      Purchaser or the Seller: 

    

    on
      or
      after October 1, 2007 if the Closing shall not have occurred by the close of
      business on such date, provided that such date may, from time to time, be
      extended by either party (with written notice to the other party) up to and
      including October 15, 2007, and provided, that the terminating or extending
      party may not be in default of any of its obligations hereunder and may not
      have
      caused the failure of the transactions contemplated by this Agreement to have
      occurred on or before such date; or if there shall be in effect a final
      nonappealable order of a governmental body of competent jurisdiction
      restraining, enjoining or otherwise prohibiting the consummation of the
      transactions contemplated hereby; it being agreed that the parties hereto shall
      promptly appeal any adverse determination which is appealable (and pursue such
      appeal with reasonable diligence);

    

    (iii) by
      the
      Purchaser if there is a breach of any representation or warranty set forth
      in
      Article IV or any covenant or agreement to be complied with or performed by
      Seller pursuant to the terms of this Agreement;

    

    (iv) by
      the
      Seller if there is a breach of any representation or warranty set forth in
      Article V or of any covenant or agreement to be complied with or performed
      by
      the Purchaser pursuant to the terms of this Agreement.

    

    (b) Upon
      the
      occurrence of any valid termination event set forth in this Section 9.3, the
      Purchaser and/or Seller, as applicable, shall deliver written notice to the
      non-terminating party. Upon delivery of such notice, this Agreement shall
      terminate and the transfer of the Company Shares contemplated hereby shall
      be
      deemed to have been abandoned without further action by Buyer or Seller. Upon
      such termination, the Purchaser shall deliver or destroy all confidential
      information regarding Seller, Seller shall deliver or destroy all confidential
      information related to the Purchaser to which Seller had access in connection
      with the negotiation of this Agreement and the consummation of the transactions
      contemplated hereby.

    

    (c) In
      the
      event that this Agreement is validly terminated as provided in this Section
      9.3,
      then each of the parties shall be relieved of their respective duties and
      obligations arising under this Agreement after the date of such termination
      and
      such termination shall be without liability to the Purchaser or Seller;
      provided, however, that nothing in this Section 9.3 shall relieve the Purchaser
      or Seller of any liability for any willful breach of this Agreement occurring
      prior to the proper termination of this Agreement.

    

    9.4 Expenses.
      Seller,
      on one hand, and the Purchaser, on the other hand, shall each bear its own
      expenses, including attorneys’, accountants’ and other professionals’ fees,
      incurred in connection with the negotiation and execution of this Agreement
      and
      each other agreement, document and instrument contemplated by this Agreement
      and
      the consummation of the transactions contemplated hereby and
      thereby.

    

    
      
         

      

      
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          16 -

        
          

        

      

      
         

      

       

    

    9.5 Survival
      of Representations, Warranties and Agreements.
      All
      representations and warranties and statements made by a party to this Agreement
      or in any document or certificate delivered pursuant hereto shall survive the
      Closing Date for two years. Each of the parties hereto is executing and carrying
      out the provisions of this Agreement in reliance upon the representations,
      warranties and covenants and agreements contained in this Agreement or at the
      closing of the transactions herein provided for and not upon any investigation
      which it might have made or any representations, warranty, agreement, promise
      or
      information, written or oral, made by the other party or any other person other
      than as specifically set forth herein.

    

    9.6 Further
      Assurances.
      If, at
      any time after the Closing, the parties shall consider or be advised that any
      further deeds, assignments or assurances in law or any other things are
      necessary, desirable or proper to complete the transactions contemplated herein
      or to vest, perfect or confirm, of record or otherwise, the title to any
      property or rights of the parties hereto, the parties agree that their proper
      officers and directors shall execute and deliver all such proper deeds,
      assignments and assurances in law and do all things necessary, desirable or
      proper to vest, perfect or confirm title to such property or rights and
      otherwise to carry out the purpose of this Agreement, and that the proper
      officers and directors of the parties are fully authorized to take any and
      all
      such action.

    

    9.7 Notice.
      All
      communications, notices, requests, consents or demands given or required under
      this Agreement shall be in writing and shall be deemed to have been duly given
      when delivered to, or received by prepaid registered or certified mail or
      recognized overnight courier addressed to, or upon receipt of a facsimile sent
      to, the party for whom intended, as follows, or to such other address or
      facsimile number as may be furnished by such party by notice in the manner
      provided herein:

     

    
      	
              Attention:

            	 
	 	 
	
              If
                to the Seller:

            	
              Terry
                N. Trebilcock, Jr.

              5395
                Bullpen Drive

              Fontana,
                CA 92336

            
	 	 
	
              With
                a copy to:

            	
              Howard
                M. Zelener, Esq.

              1749
                Sixth Avenue

              Redlands,
                CA 92374

            
	 	 
	
              If
                to the Purchaser:

            	
              ProElite,
                Inc.

              12121
                Wilshire Boulevard, Suite1001

              Los
                Angeles, CA 90025

              Attn:
                Chief Executive Officer

            
	 	 
	
              With
                a copy to:

            	
              David
                L. Ficksman, Esq.

              Troy
                & Gould Professional Corporation

              1801
                Century Park East, 16th
                Floor

              Los
                Angeles, California 90067

            

    

     

    
      
         

      

      
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          17 -

        
          

        

      

      
         

      

       

    

    9.8 Entire
      Agreement.
      This
      Agreement and any instruments and agreements to be executed pursuant to this
      Agreement, sets forth the entire understanding of the parties hereto with
      respect to the Agreement’s subject matter, merges and supersedes all prior and
      contemporaneous understandings with respect to its subject matter, including
      that certain confidential Letter Agreement dated June 26, 2007 and may not
      be
      waived or modified, in whole or in part, except by a writing signed by each
      of
      the parties hereto. No waiver of any provision of this Agreement in any instance
      shall be deemed to be a waiver of the same or any other provision in any other
      instance. Failure of any party to enforce any provision of this Agreement shall
      not be construed as a waiver of its rights under such provision.

    

    9.9 Successors
      and Assigns.
      This
      Agreement shall be binding upon, enforceable against and inure to the benefit
      of, the parties hereto and their respective heirs, administrators, executors,
      personal representatives, successors and assigns, and nothing herein is intended
      to confer any right, remedy or benefit upon any other person. This Agreement
      may
      not be assigned by any party hereto except with the prior written consent of
      the
      other parties, which consent shall not be unreasonably withheld.

    

    9.10 Governing
      Law.
      This
      Agreement shall in all respects be governed by and construed in accordance
      with
      the laws of the State of California applicable to agreements made and fully
      to
      be performed in the state, without giving effect to any conflicts of law
      principles thereof

    

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

    

    9.12 Construction.
      Headings contained in this Agreement are for convenience only and shall not
      be
      used in the interpretation of this Agreement. References herein to Articles,
      Sections and Exhibits are to the articles, sections and exhibits, respectively,
      of this Agreement. As used herein, the singular includes the plural, and the
      masculine, feminine and neuter gender each includes the others where the context
      so indicates.

    

    9.13 Severability.
      If any
      provision of this Agreement is held to be invalid or unenforceable by a court
      of
      competent jurisdiction, this Agreement shall be interpreted and enforceable
      as
      if such provision were severed or limited, but only to the extent necessary
      to
      render such provision and this Agreement enforceable.

    

    9.14 Attorneys’
      Fees and Costs.
      Subject
      to Section 9.15, in the event of any action at law or in equity between the
      parties hereto to enforce any of the provisions hereof, the unsuccessful party
      to such litigation shall pay to the successful party all costs and expenses,
      including reasonable attorneys’ fees, incurred therein by such successful party;
      and if such successful party shall recover judgment in any such action or
      proceeding, such costs, expenses and reasonable attorneys’ fees may be included
      in and as part of such judgment.

    

    9.15 Arbitration.
      Any
      disagreement, dispute, controversy or claim arising out of or relating to this
      Agreement, the interpretation hereof, the breach, termination or invalidity
      hereof or the employment relationship shall be settled exclusively and finally
      by arbitration. Any such arbitration shall be conducted in accordance with
      the
      Commercial Arbitration Rules of the American Arbitration Association. The
      arbitration shall be conducted in Los Angeles, California or in such other
      city
      in the United States as the parties to the dispute may designate by mutual
      written consent. Any decision or award of the arbitral tribunal shall be in
      the
      form of a written opinion and shall be final and binding upon the parties to
      the
      arbitration proceeding. The arbitral tribunal shall assess any costs associated
      with the arbitration.

    

    
      
         

      

      
        -
          18 -

        
          

        

      

      
         

      

       

    

    IN
      WITNESS WHEREOF, each of the parties hereto has executed this Agreement as
      of
      the date first set forth above.

     

    
      	
              SELLER:

               

               

              ________________________________

              TERRY
                TREBILCOCK

               

               

              ________________________________

              JULIEMAE
                TREBILCOCK

            	
              PURCHASER:

               

               

              PROELITE
                INC.

               

               

              By:__________________________________

              Name:
                _______________________________

              Its:__________________________________

            
	 
	
              COMPANY:

               

              KING
                OF THE CAGE, INC.

               

              By:_______________________________

              Terry
                Trebilcock, President

            

    

     

    
      
         

      

      
        -
          19 -

        
          

        

      

      
         

      

    

    EXHIBIT
      4.8(g)

    

    
      	
              1.

            	
              Sponsorship
                Agreement 

            	
              December
                31, 2006

            	
              KOTC
                - ROCKSTAR, INC.

            
	
              2.

            	
              Sponsorship
                Agreement

            	
              February
                15, 2007

            	
              KOTC
                - BOATS.NET

            
	
              3.

            	
              Merchandising
                Agreement

            	
              December
                31, 2006

            	
              KOTC
                - CF BRAND, LLC 

            
	
              4.

            	
              Videogram
                License Agreement

            	
              July
                14, 2005

            	
              KOTC
                - BCI ECLIPSE COMPANY, LLC

            
	
              5.

            	
              Videogram
                License Agreement

            	
              January
                1, 2007

            	
              KOTC
                - BCI ECLIPSE COMPANY, LLC

            
	
              6.

            	
              Broadcast
                and Videogram Production Agreement

            	
              January
                1, 2000

            	
              KOTC
                - BRENTWOOD COMMUNICATIONS, INC. 

            
	
              7.

            	
              Broadcast
                and Videogram Production Agreement

            	
              January
                1, 2000

            	
              GLADIATOR
                CHALLENGE, INC. - BCI ECLIPSE LLC

            
	
              8.

            	
              Broadcast
                and Videogram Production Agreement

            	
              September
                1, 2001

            	
              KOTC
                - BRENTWOOD COMMUNICATIONS INTERNATIONAL, INC.

            
	
              9.

            	
              Trademark
                License Agreement

            	
              July
                10, 2005

            	
              KOTC
                - KNK PRODUCTIONS, LIMITED and KEN KUPSCH 

            
	
              10.

            	
              Octagon
                License Agreement

            	
              January
                __, 2006

            	
              ZUFFA,
                LLC - KnK PROMOTIONS 

            
	
              11.

            	
              Sponsorship
                Agreement

            	
              October
                26, 2006

            	
              KOTC
                - WELLNX LIFE SCIENCES INC. 

            
	
              12.

            	
              Broadcast
                License Agreement

            	
              September
                25, 2006

            	
              KOTC
                - JJJ MEDIA PTE. LTD.

            
	
              13.

            	
              Letter
                of Confirmation

            	
              February
                9, 2007

            	
              KOTC
                - JJJ MEDIA PTE, LTD 

            
	
              14.

            	
              License
                Agreement

            	
              May
                2, 2004

            	
              ZUFFA,
                LLC - KOTC and GLADIATOR CHALLENGE, INC. 

            
	
              15.

            	
              License
                Agreement 

            	
              May
                2, 2002

            	
              ZUFFA,
                LLC - GLADIATOR CHALLENGE, INC. 

            
	
              16.

            	
              License
                Agreement 

            	
              May
                2, 2002

            	
              ZUFFA,
                LLC - KOTC 

            
	
              17.

            	
              Letter
                of Agreement

            	
              October
                12, 2006 (and revision dates )

            	
              SONY
                PICTURES TELEVISION INC. - KOTC 

            
	
              18.

            	
              Amendment
                1

            	
              March
                22, 2007 (and revised date) 

            	
              SONY
                PICTURES TELEVISION INC. - KOTC 

            
	
              19.

            	
              Letter
                of Understanding 

            	
              March
                1, 2006

            	
              LINK
                MEDIA MANAGEMENT - KOTC 

            
	
              20.

            	
              Letter
                of Agreement 

            	
              January
                1, 2006

            	
              KOTC
                - LINK MEDIA MANAGEMENT

            
	
              21.

            	
              Pay-Per-View
                Master License Agreement

            	
              February
                28, 2007

            	
              EchoStar
                SATELLITE, LLC 

            
	
              22.

            	
              License
                Agreement 

            	
              October
                28, 2003

            	
              TVN
                - KOTC 

            

    

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

       

    

    
      	
              23.

            	
              Amendment
                Letter 

            	
              February
                25, 2005

            	
              TVN
                - KOTC 

            
	
              24.

            	
              Agreement
                for License of Rights

            	
              February
                2, 2006

            	
              STONECUTTER
                MEDIA LTD. - FIGHT + LIMITED 

            
	
              25.

            	
              Fight
                Event Agreement

            	
              December
                16, 2004

            	
              KOTC
                and TERRY TREBILCOCK - MYKY ENTERTAINMENT, LLC and MICHAEL WESTBROOK
                

            
	
              26.

            	
              License
                Agreement

            	
              January
                5, 2004

            	
              KOTC
                and iN DEMAND LLC

            
	
              27.

            	
              Production
                Agreement

            	
              January
                1, 2000

            	
              KOTC
                and Brentwood Communications

            
	
              28.

            	
              License
                Agreement

            	
              August
                2, 2007

            	
              KOTC
                and Global Gaming Group

            
	
              29.

            	
              Sales
                Representative Agreement

            	
              May
                15, 2007

            	
              KOTC
                and BCII

            
	
              30.

            	
              License
                Agreement

            	
              May
                15, 2007

            	
              KOTC
                and Brentwood Communications Int’l

            
	
              31.

            	
              Finders
                Fee Agreement

            	
              April
                1, 2007

            	
              Turi
                Altavilla and KOTC

            
	
              32.

            	
              Licensing
                Agreement

            	
              June
                1, 2007

            	
              Queenbury
                Media and KOTC

            
	
              33.

            	
              Licensing
                Agreement

            	
              Nov.
                23, 2006

            	
              The
                Wrestling Channel and KOTC

            
	
              34.

            	
              Casino
                Agreement

            	
              December
                31, 2006

            	
              KOTC—APACHE
                GOLD CASINO

            
	
              35.

            	
              Casino
                Agreement

            	
              April
                28, 2007

            	
              KOTC—CHUMASH
                CASINO

            
	
              36.

            	
              Casino
                Agreement

            	
              April
                1, 2007

            	
              KOTC—EAGLE
                MT. CASINO

            
	
              37.

            	
              Casino
                Agreement

            	
              August
                23, 2005

            	
              KOTC—KONOCTI
                VISTA

            
	
              38.

            	
              Casino
                Agreement

            	
              November
                21, 2006

            	
              KOTC—KIOWA
                CASINO

            
	
              39.

            	
              Casino
                Agreement

            	
              February
                2, 2007

            	
              KOTC—LAKE
                OF THE TORCES

            
	
              40.

            	
              Casino
                Agreement

            	
              February
                22, 2007

            	
              KOTC—NEWCO—RENO

            
	
              41.

            	
              Casino
                Agreement

            	
              December
                1, 2004

            	
              KOTC—SOBOBA
                CASINO

            
	
              42.

            	
              Agent
                Agreement

            	
              March
                2, 2006

            	
              KOTC—ICM

            
	
              43.

            	
              Fighter
                contracts listed in DUE DILIGENCE PACKET.

            	 	 
	
              44.

            	
              Preexisting
                videogram license agreements with BCI Eclipse for various KOTC titles
                under the same terms and conditions as the July 14, 2005
                agreement.

            	 	
              KOTC—BCI
                ECLIPSE COMPANY, LLC

            
	
              45.

            	
              Extension
                Agreement

            	
              August
                7, 2007

            	
              KOTC
                and iN DEMAND LLC

            
	
              46.

            	
              Casino
                Agreement

            	
              July
                25, 2007

            	
              KOTC—ISLETA
                CASINO

            
	
              47.

            	
              Videogram
                Production Agreement

            	
              September
                1, 2005

            	
              KOTC—EXTREME
                CHALLENGE

            
	
              48.

            	
              KOTC
                and Howard Zelener Agreement

            	
              June
                23, 2000

            	
              Attorney
                agreement *

              Purchaser’s
                fee obligation limited to $125,000 per year and for 6 months following
                termination

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

    Schedule
      A

    

    Shareholders

    

    
      	
              Name

            	 	 
	
              Terry
                Trebilcock

            	 	
              50

            
	
              Juliemae
                Trebilcock

            	 	
              50

            
	 	 	 

    

    

    
      
         

      

      
        A-1

        
          

        

      

      
         

      

    

    Schedule B

    

    Assets
      to be Transferred

    

    
      	
              1.

            	
              2003
                Chevrolet Corvette Z06

            

    

    

    
      	
              2.

            	
              2004
                Dodge Ram Hemi

            

    

    

    
      	
              3.

            	
              2004
                Mercedes Benz S55

            

    

    

    
      	
              4.

            	
              2006
                Chevrolet Corvette Z06

            

    

    

    
      	
              *5.

            	
              2006
                Mako Boat + Trailer

            

    

    

    
      	
              6.

            	
              2006
                Pontoon Boat + Trailer

            

    

    

    
      	
              7.

            	
              2006
                Dodge Ram Mega Cab (Diesel)

            

    

    

    
      	
              *8.

            	
              Mountain
                Property

            

    

    

    
      	
              9.

            	
              Present
                Checking Account / Cash and Receivables generated through work prior
                to
                Closing Date. (estimated date - September 1,
                2007).

            

    

    

    
      	
              10.

            	
              Cameras
                (2), Editing and Dubbing Equipment

            

    

    

    
      	
              11.

            	
              Personal
                Lap-Top.

            

    

    

    
      	
              *12.

            	
              Country
                Club Membership

            

    

    

    
      	
              13.

            	
              Mutual
                Funds, IRAs, Pension Accounts, etc.

            

    

    

    
      	
              14.

            	
              Home
                Office Air Conditioning Unit

            

    

    

    
      	
              15.

            	
              Home
                Office Furniture

            

    

    

    
      	
              16.

            	
              All
                Auto Improvements

            

    

    

    
      	
              17.

            	
              Fitness
                Video

            

    

    

    
      	
              18.

            	
              Cash
                - Bank of America checking account

            

    

    

    
      	
              19.

            	
              All
                receivables accrued as of September 30, 2007 from the ordinary course
                activities of the Company

            

    

    

    *denotes
      not presently in the company*

    

    
      
         

      

      
        B-1

        
          

        

      

      
         

      

    

    Schedule C

    

    Terms
      of Trebilcock Employment Agreement

    

    
      	Term:	
              5
                years

            

    

    

    
      	Salary:	
              $150,000
                annually

            

    

    

    Incentive
      Payment equal to 20% of the excess, if any, of the net income attributable
      to
      the Company operations for each 12 month period of the employment term above
      the
      following target: First 12 months: $850,000: Second 12 months: $1,050,000:
      Third
      12 months: $1,150,000: Fourth 12 Months: $1,450,000: Fifth 12 months:
      $1,650,000

    

    ProElite
      benefit package equivalent to other top executives

    

    
      
         

      

      
        C-1EXHIBIT
      10.2

    

    EMPLOYMENT
      AGREEMENT

    

    This
      EMPLOYMENT AGREEMENT (this “Agreement”)
      is
      entered into as of September 11, 2007 by and between PROELITE, INC., a New
      Jersey corporation, with its principal office at 12121 Wilshire Boulevard,
      Suite 1001, Los Angeles, California 90025 (the “Company”),
      and
      TERRY TREBILCOCK (“Employee,”
      together with the Company, the “Parties”),
      with
      reference to the following facts:

    

    WHEREAS,
      concurrently herewith, the Company is acquiring all or substantially all of
      the
      outstanding shares of capital stock of King of the Cage, Inc. (“KOTC”)
      pursuant to a Stock Purchase Agreement, dated as of September 11, 2007, by
      and
      among Juliemae Trebilcock, Employee, KOTC and the Company (the “Purchase
      Agreement”).

    

    WHEREAS,
      Employee was a principal shareholder and has been serving as Vice President
      of
      KOTC.

    

    WHEREAS,
      in connection with the Company’s acquisition of all of the outstanding shares of
      capital stock of KOTC, and as a condition thereto, the Company desires that
      Employee be employed by the Company.

     

    WHEREAS,
      to this end, the Company and Employee desire to enter into this Agreement
      providing for Employee’s employment by the Company on the terms set forth
      herein.

    

    NOW,
      THEREFORE, the Company and Employee desire to set forth in this Agreement the
      terms and conditions of the Employee’s employment with the Company.

    

    ARTICLE
      I

    

    EMPLOYMENT;
      TERM; DUTIES

    

    1.1 Employment.
      Upon
      the terms and conditions hereinafter set forth, the Company hereby employs
      Employee, and Employee hereby accepts employment, to serve as President of
      the
      KOTC branch of EliteXC, a wholly-owned subsidiary of the Company, commencing
      September 7, 2007 (the “Commencement
      Date”)
      and,
      subject to Section 4.1, ending five years thereafter (the “Term”).
      

    

    1.2 Duties.
      Employee shall supervise the production of live mixed martial arts events under
      the KOTC brand and such other or additional duties as may be assigned to him
      from time to time by the Chief Executive Officer of EliteXC (the “CEO”)
      pertaining to other activities of the Company provided that such other
      activities shall not materially interfere with the ability of Employee to earn
      the Incentive Payments and the Contingent Payments pursuant to the Purchase
      Agreement. Employee shall report to the CEO.

     

    1.2.1 Employee
      shall use his best efforts and abilities faithfully and diligently to promote
      the Company’s business interests. For so long as Employee is employed by the
      Company, Employee shall not, directly or indirectly, either as an employee,
      employer, consultant, agent, investor, principal, partner, stockholder (except
      as the holder of less than 1% of the issued and outstanding stock of a publicly
      held corporation), corporate officer or director, or in any other individual
      or
      representative capacity, engage or participate in any business that is in
      competition in any manner whatsoever with the business of the Company Group,
      which includes the Company, EliteXC Live and ProElite.com, and other entities
      the Company may form in the future, as such businesses are now or hereafter
      conducted. Subject to the foregoing prohibition and provided such services
      or
      investments do not violate any applicable law, regulation or order, or interfere
      in any way with the faithful and diligent performance by Employee of the
      services to the Company otherwise required or contemplated by this Agreement,
      the Company expressly acknowledges that Employee may:

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    (a) make
      and
      manage personal business investments of Employee’s choice without consulting the
      board of directors of the Company (the “Board”);
      and

    

    (b) serve
      in
      any capacity with any non-profit civic, educational or charitable organization
      without consulting with the Board.

    

    1.3 Covenants
      of Employee

     

    1.3.1 Reports.
      Employee shall use his best efforts and skills to truthfully, accurately, and
      promptly make, maintain, and preserve all records and reports that the Company
      may, from time to time, request or require, fully account for all money,
      records, equipment, materials, or other property belonging to the Company of
      which he may have custody, and promptly pay and deliver the same whenever he
      may
      be directed to do so by the Board.

     

    1.3.2 Rules
      and Regulations.
      Employee shall obey all rules, regulations and special instructions of the
      Company, and all other rules, regulations, guides, handbooks, procedures,
      policies and special instructions applicable to the Company’s business in
      connection with his duties hereunder, including rules and regulations by state
      and federal authorities, and shall endeavor to improve his ability and knowledge
      of the Company’s business in an effort to increase the value of his services for
      the mutual benefit of the Company and the Employee.

     

    1.3.3 Opportunities.
      Employee shall make all business opportunities of which he becomes aware that
      are relevant to the Company Group’s business available to the Company Group, and
      to no other person or entity or to himself individually.

     

    ARTICLE
      II

    

    COMPENSATION

    

    2.1 Salary.
      During
      the Term, for all services rendered by Employee hereunder and all covenants
      and
      conditions undertaken by both Parties pursuant to this Agreement, the Company
      shall pay, and Employee shall accept, as compensation, an annual salary of
      $150,000 (“Salary”),
      which
      shall be payable in accordance with the normal payroll practices of the Company.
      

    

    2.1.1 For
      a
      period of 5 years and in connection with the Purchase Agreement, Employee shall
      receive 20% of KOTC’s
      earning before interest, taxes, depreciation and amortization (“EBITDA”) over:
      (i) $850,000 for the 12-month period ending October, 2008;
      (ii) $1,050,000 for the 12-month period ending October, 2009;
      (iii) $1,150,000 for the 12-month period ending October, 2010;
      (iv) $1,450,000 for the 12-month period ending October, 2011; and
      (v) $1,650,000 for the 12-month period ending October, 2012, (the
“Incentive
      Payments”).
      The
      Incentive Payments shall be paid the Employee within 180 days after the end
      of
      each 12-month period.
      For
      purposes of this Section 2.1.1, EBITDA
      of
      KOTC shall be determined in accordance with the provisions of the Purchase
      Agreement. 

    

    2.2 Bonus.
      At the
      discretion of the Board, in addition to the Incentive Payments, Employee may
      receive a bonus at the end of each calendar year, based on such criteria deemed
      appropriate from time to time by the Board of Directors or the Company’s
      Compensation Committee.

     

    2.3 Withholding.
      The
      Company may deduct from any compensation payable to Employee (including payments
      made pursuant to Section 2 of this Agreement in connection with or following
      termination of employment) amounts sufficient to cover Employee’s share of
      applicable federal, state and/or local income tax withholding, old-age and
      survivors’ and other social security payments, state disability and other
      insurance premiums and payments.

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

       

    

    2.4 Benefits.
      Employee shall be entitled to participate on the same basis in all offered
      benefits or programs as are generally available to the other executives of
      the
      Company. 

    

    2.5 E&O
      Insurance.
      Employee shall be covered by the Company’s Errors and Omissions insurance
      policy.

    

    ARTICLE
      III

    

    BUSINESS
      EXPENSES

    

    3.1 Business
      Expenses.
      Employee will be reimbursed for all reasonable, out-of-pocket business expenses
      incurred in the performance of his duties on behalf of the Company consistent
      with the Company’s policies and procedures, including prior approval
      requirements and submission of appropriate supporting documentation. From time
      to time, the Company and Employee shall determine a pre-approved budget for
      automobiles, communications devices and rent.

    

    ARTICLE
      IV

    

    TERMINATION
      OF EMPLOYMENT

    4.1 Termination

    

    4.1.1 Employee’s
      employment pursuant to this Agreement shall terminate on the earliest to occur
      of the following:

     

    (a) upon
      the
      death of Employee (“Death”);

     

    (b) upon
      the
      delivery to Employee of written notice of termination by the Company if Employee
      shall suffer a physical or mental disability or illness which renders Employee,
      in the reasonable judgment of the Board, unable to perform his duties and
      obligations under this Agreement, with or without reasonable accommodation,
      for
      either 60 consecutive days or 180 days in any 12-month period (“Disability”); 

     

    (c) upon
      delivery to the Company of written notice of termination by the Employee for
      Good Reason; 

    

    (d) upon
      delivery to Employee of written notice of termination by the Company for
      Cause;

    

    (e) September
      __, 2012.

     

    4.2 Certain
      Definitions.
      For
      purposes of this Agreement, the following terms shall have the following
      meanings:

    

    4.2.1 “Cause”
shall
      mean, in the context of a basis for termination of Employee’s employment with
      the Company, that:

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

       

    

    (a) Employee
      is convicted
      of, or pleas nolo
      contendere
      (no
      contest) to, any crime (whether or not involving any of the Company Group)
      constituting a felony in the jurisdiction involved relating to moral turpitude
      or financial matters;

    

    (b) Employee’s
      willful misconduct in the performance of Employee’s duties
      hereunder;

    

    (c) Employee’s
      gross negligence in the performance of his duties hereunder or willful and
      repeated failure or refusal to perform such duties as may be delegated to
      Employee the Company commensurate with his position; or 

    

    (d) Employee
      is in material breach of any provision of this Agreement. 

    

    In
      the
      event of any of Sections 4.2.1 (b), (c) or (d), the Company shall have first
      provided written notice to Employee of any such claimed willful misconduct,
      gross negligence or material breach with exact details of the claimed Cause
      and
      the Employee shall have had thirty (30) days from the date of receipt of such
      written notice to cure any such willful misconduct, gross negligence or material
      breach; if curable, and in the event Employee does so cure such misconduct,
      negligence or breach within said thirty (30) days, such claimed misconduct,
      negligence or breach shall not constitute Cause or a breach of this Agreement.
       

    

    4.2.2 “Good
      Reason”
giving
      rise to Employee’s right to terminate this Agreement means if
      Employee claims that the Company has materially breached this Agreement,
      Employee shall have first provided written notice to the Company of any such
      claimed material breach with exact details of the claimed material breach and
      the Company shall have had thirty (30) days from the date of receipt of such
      written notice to cure any such breach; if curable, and in the event the Company
      does so cure such breach within said thirty (30) days, such claimed breach
      shall
      not constitute good reason or a breach of this Agreement.  

    

    ARTICLE
      V

    

    INVENTIONS
      AND TRADEMARK; CONFIDENTIAL INFORMATION; NON-DISCLOSURE; UNFAIR COMPETITION;
      CONFLICT OF INTEREST

    

    5.1 Inventions
      and Trademark.
      All
      ideas, inventions, trademarks, proprietary information, know-how, processes
      and
      other developments or improvements developed by Employee, alone or with others,
      during the Term, that are within the scope of the Company’s business operations
      or that relate to the Company’s work or projects, are the exclusive property of
      the Company. In that regard, Employee agrees to disclose promptly to the Company
      any and all inventions, discoveries, trademarks, proprietary information,
      know-how, processes or improvements, patentable or otherwise, that he may make
      from the beginning of Employee’s employment until the termination thereof, that
      relate to the business of the Company Group, whether such is made solely or
      jointly with others. Employee further agrees that, during the Term, he will
      provide the Company with a reasonable level of assistance, at the Company’s sole
      option and expense, to obtain patents in the United States of America, or
      elsewhere on any such ideas, inventions, trademarks and other developments,
      and
      agrees to execute all documents necessary to obtain such patents in the
      Company’s name.

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

       

    

    5.2 Confidential
      Information.
      Employee shall hold and keep confidential for the benefit of the Company all
      secret or confidential information, files, documents other media in which
      confidential information is contained, knowledge or data (collectively the
      “Confidential
      Information”)
      relating to the Company or any of its affiliated companies, and their respective
      businesses, which shall have been obtained by Employee during his employment
      by
      the Company or any of its affiliated companies. Confidential Information does
      not include information that is already public knowledge at the time of
      disclosure (other than by acts by Employee or his representatives in violation
      of this Agreement) or that is provided to Employee by a third party without
      an
      obligation with the Company to maintain the confidentiality of such information.
      After termination of Employee’s employment with the Company, he shall not,
      without the prior written consent of the Company, or as may otherwise be
      required by law or legal process, communicate or divulge any Confidential
      Information to anyone other than the Company and those designated by it.
      Employee shall acknowledge that all confidential documents are and shall remain
      the sole and exclusive property of the Company regardless of who originally
      acquired the confidential documents. Employee agrees to return to the Company
      promptly upon the expiration or termination of his employment or at any other
      time when requested by the Company, any and all property of the Company,
      including, but not limited to, all confidential documents and copies thereof
      in
      his possession or control. Any loss resulting from a breach of the foregoing
      obligations by Employee to protect the Confidential Information could not be
      reasonably or adequately compensated in damages in an action at law. Therefore,
      in addition to other remedies provided by law or this Agreement, the Company
      shall have the right to obtain injunctive relief, in the appropriate court,
      at
      any time, against the dissemination by Employee of the Confidential Information,
      or the use of such information by Employee in violation hereof.

    

    5.2.1 Restriction
      on Use of Confidential/Trade Secret Information.
      Employee agrees that his use of confidential/trade secret information is subject
      to the following restrictions for an indefinite period of time so long as the
      confidential/trade secret information has not become generally known to the
      public:

    

    (a) Non-Disclosure.
      Employee agrees that he will not publish or disclose, or allow to be published
      or disclosed, confidential/trade secret information to any person without the
      prior written authorization of the Company unless pursuant to Employee’s job
      duties to the Company under this Agreement.

    

    (b) Non-Removal/Surrender.
      Employee agrees that he will not remove any confidential/trade secret
      information from the offices of the Company or the premises of any facility
      in
      which the Company is performing services, except pursuant to his duties under
      this Agreement. Employee further agrees that he shall surrender to the Company
      all documents and materials in his possession or control which contain
      confidential/trade secret information and which are the property of the Company
      upon the termination of this Agreement, and that he shall not thereafter retain
      any copies of any such materials.

    

    5.2.2 Non-Solicitation
      of Customers/Prohibition Against Unfair Competition.
      Employee agrees that at no time after his employment with the Company will
      he
      engage in competition with the Company while making any use of the Company’s
      confidential/trade secret information. Employee agrees that he will not directly
      or indirectly accept or solicit, whether as an employee, independent contractor
      or in any other capacity, the business of any customer of the Company with
      whom
      Employee worked or otherwise had access to the Company’s confidential/trade
      secret information pertaining to its business with that customer during the
      last
      year of his employment with the Company.

    

    5.3 Non-Solicitation
      During Employment.
      Employee shall not during his employment inappropriately interfere with the
      Company’s business relationship with its customers or suppliers or solicit any
      of the employees of the Company to leave the employ of the Company.

    

    5.4 Non-Solicitation
      of Employees.
      Employee agrees that, for one year following the termination of his employment,
      he shall not, directly or indirectly, ask or encourage any of the Company’s
      employees to leave their employment with the Company or solicit any of the
      Company’s employees for employment.

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

       

    

    5.5 Breach
      of Provisions.
      If the
      Employee breaches any of the provisions of this Section 5, or in the event
      that
      any such breach is threatened by the Employee, in addition to and without
      limiting or waiving any other remedies available to the Company at law or in
      equity, the Company shall be entitled to immediate injunctive relief in any
      court, domestic or foreign, having the capacity to grant such relief, to
      restrain any such breach or threatened breach and to enforce the provisions
      of
      this Section 5. 

    

    5.6 Reasonable
      Restrictions.
      The
      parties acknowledge that the foregoing restrictions, as well as the duration
      and
      the territorial scope thereof as set forth in this Section 5, are under all
      of
      the circumstances reasonable and necessary for the protection of the Company
      and
      its business.

    

    ARTICLE
      VI

    

    MISCELLANEOUS

    

    6.1 Binding
      Effect; Assignment.
      This
      Agreement shall be binding upon and inure to the benefit of the Parties and
      their respective legal representatives, heirs, distributees, successors and
      assigns. Employee may not assign any of his rights and obligations under this
      Agreement. the Company may assign its rights and obligations under this
      Agreement to any successor entity or affiliate subject to the approval of
      Employee not to be unreasonably withheld or delayed. 

    

    6.2 Notices.
      Any
      notice provided for herein shall be in writing and shall be deemed to have
      been
      given or made (a) when personally delivered or (b) when sent by telecopier
      and
      confirmed within 48 hours by letter mailed or delivered to the party to be
      notified at its or his/hers address set forth herein; or three days after being
      sent by registered or certified mail, return receipt requested, (or by
      equivalent currier with delivery documentation such as FEDEX or UPS) to the
      address of the other party set forth or to such other address as may be
      specified by notice given in accordance with this Section 6.2:

     

    
      	
              If
                to the Company:

            	
              ProElite,
                Inc.

              12121
                Wilshire Boulevard, Suite 1001

              Los
                Angeles, California 90025

              Telephone: (310)
                526-8700

              Facsimile: (310)
                526-8740

              Attention: Douglas
                DeLuca, Chief Executive Officer 

            
	 	 
	
              If
                to Employee:

            	
              Terry
                Trebilcock

              5395
                Bullpen Drive

              Fontana,
                California 92336

              Telephone: (951)
                733 2243

              Facsimile: (909)
                899 6397

            
	 	 
	
              With
                a Copy to:

            	
              Howard
                M. Zelener, Esq.

              1749
                Sixth Avenue

              Redlands,
                California 92374

              Telephone: (909)
                798 6100

              Facsimile: (909)
                798 4898

            

    

     

    6.3 Severability.
      If any
      provision of this Agreement, or portion thereof, shall be held invalid or
      unenforceable by a court of competent jurisdiction, such invalidity or
      unenforceability shall attach only to such provision or portion thereof, and
      shall not in any manner affect or render invalid or unenforceable any other
      provision of this Agreement or portion thereof, and this Agreement shall be
      carried out as if any such invalid or unenforceable provision or portion thereof
      were not contained herein. In addition, any such invalid or unenforceable
      provision or portion thereof shall be deemed, without further action on the
      part
      of the parties hereto, modified, amended or limited to the extent necessary
      to
      render the same valid and enforceable.

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

       

    

    6.4 Waiver.
      No
      waiver by a party hereto of a breach or default hereunder by the other party
      shall be considered valid, unless expressed in a writing signed by such first
      party, and no such waiver shall be deemed a waiver of any subsequent breach
      or
      default of the same or any other nature.

    

    6.5 Entire
      Agreement.
      This
      Agreement sets forth the entire agreement between the Parties with respect
      to
      the subject matter hereof, and supersedes any and all prior agreements between
      the Company and Employee, whether written or oral, relating to any or all
      matters covered by and contained or otherwise dealt with in this Agreement.
      This
      Agreement does not constitute a commitment of the Company with regard to
      Employee’s employment, express or implied, other than to the extent expressly
      provided for herein.

    

    6.6 Amendment.
      No
      modification, change or amendment of this Agreement or any of its provisions
      shall be valid, unless in writing and signed by the party against whom such
      claimed modification, change or amendment is sought to be enforced.

    

    6.7 Authority.
      The
      Parties each represent and warrant that it or he has the power, authority and
      right to enter into this Agreement and to carry out and perform the terms,
      covenants and conditions hereof.

    

    6.8 Attorneys’
      Fees.
      If
      either party hereto commences an arbitration or other action against the other
      party to enforce any of the terms hereof or because of the breach by such other
      party of any of the terms hereof, the prevailing party shall be entitled, in
      addition to any other relief granted, to all actual out-of-pocket costs and
      expenses incurred by such prevailing party in connection with such action,
      including, without limitation, all reasonable attorneys’ fees, and a right to
      such costs and expenses shall be deemed to have accrued upon the commencement
      of
      such action and shall be enforceable whether or not such action is prosecuted
      to
      judgment.

    

    6.9 Titles.
      The
      titles of the sections of this Agreement are inserted merely for convenience
      and
      ease of reference and shall not affect or modify the meaning of any of the
      terms, covenants or conditions of this Agreement.

    

    6.10 Applicable
      Law; Choice of Forum.
      This
      Agreement, and all of the rights and obligations of the parties in connection
      with the employment relationship established hereby, shall be governed by and
      construed in accordance with the substantive laws of the State of California
      without giving effect to principles relating to conflicts of law.

    

    6.11 Arbitration.

    

    6.11.1 Scope.
      To the
      fullest extent permitted by law, Employee and the Company agree to the binding
      arbitration of any and all controversies, claims or disputes between them
      arising out of or in any way related to this Agreement, the employment
      relationship between the Company and Employee and any disputes upon termination
      of employment, including but not limited to breach of contract, tort,
      discrimination, harassment, wrongful termination, demotion, discipline, failure
      to accommodate, family and medical leave, compensation or benefits claims,
      constitutional claims; and any claims for violation of any local, state or
      federal law, statute, regulation or ordinance or common law. For the purpose
      of
      this agreement to arbitrate, references to “Company” include all parent,
      subsidiary or related entities and their employees, supervisors, officers,
      directors, agents, pension or benefit plans, pension or benefit plan sponsors,
      fiduciaries, administrators, affiliates and all successors and assigns of any
      of
      them, and this agreement to arbitrate shall apply to them to the extent
      Employee’s claims arise out of or relate to their actions on behalf of the
      Company.

    

    
      
         

      

      
        7

        
          

        

      

      
         

      

       

    

    6.11.2 Arbitration
      Procedure.
      To
      commence any such arbitration proceeding, the party commencing the arbitration
      must provide the other party with written notice of any and all claims forming
      the basis of such right in sufficient detail to inform the other party of the
      substance of such claims. In no event shall this notice for arbitration be
      made
      after the date when institution of legal or equitable proceedings based on
      such
      claims would be barred by the applicable statute of limitations. The arbitration
      will be conducted in Los Angeles, California, by a single neutral arbitrator
      and
      in accordance with the then-current rules for resolution of employment disputes
      of the American Arbitration Association (“AAA”).
      The
      Arbitrator is to be selected by the mutual agreement of the Parties. If the
      Parties cannot agree, the Superior Court will select the arbitrator. The parties
      are entitled to representation by an attorney or other representative of their
      choosing. The arbitrator shall have the power to enter any award that could
      be
      entered by a judge of the trial court of the State of California, and only
      such
      power, and shall follow the law. The award shall be binding and the Parties
      agree to abide by and perform any award rendered by the arbitrator. The
      arbitrator shall issue the award in writing and therein state the essential
      findings and conclusions on which the award is based. Judgment on the award
      may
      be entered in any court having jurisdiction thereof. The Company shall bear
      the
      costs of the arbitration filing and hearing fees and the cost of the
      arbitrator.

    

    6.12 This
      Agreement shall not be terminated by any voluntary or involuntary dissolution
      of
      the Company resulting from either a merger or consolidation in which the Company
      is not the consolidated or surviving corporation, or a transfer of all or
      substantially all of the assets of the Company. In the event of any such merger
      or consolidation or transfer of assets, Employee’s rights, benefits and
      obligations hereunder shall be assigned to the surviving or resulting
      corporation or the transferee of the Company’s assets.

    

    6.13 To
      the
      extent not covered or defined herein, any applicable or defined terms of the
      Purchase Agreement are hereby incorporated by reference herein.

    

    IN
      WITNESS WHEREOF, the parties hereto have executed this Employment Agreement
      as
      of the day and year first above written.

    

    

    
      	
               

               

               

              __________________________________

              Terry
                Trebilcock

            	
              ProElite,
                Inc., a New Jersey corporation

               

               

              By:
                ___________________________________

              Name:
                ____________________________

              Title:
                _____________________________

            

    

    

    
      
         

      

      
        8

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