Document:

EXHIBIT 10.2

                            STOCK PURCHASE AGREEMENT

     This stock purchase agreement dated this 28th day of September, 2001 (the
"Stock Purchase Agreement") is among Whistler, Inc. a Delaware corporation (the
"Company"), American Energy Power Systems Inc., a Nevada corporation ("American
Energy"), and all of the stockholders of American Energy named in Exhibit A
attached hereto (collectively, the "American Energy Stockholders").

                                    RECITALS:

     WHEREAS, the Company desires to purchase 100% of the aggregate 1,045,036
issued and outstanding shares of common stock of American Energy, and the
American Energy Stockholders desire to sell, transfer and convey to the Company
all of the aggregate 1,045,036 issued and outstanding shares of American Energy
common stock; in exchange for the issuance by Company to the American Energy
Stockholders of an aggregate 1,248,000 restricted shares of the Company's common
stock;

     WHEREAS, the Company and American Energy entered into a letter agreement
dated August 1, 2001 (the "Letter Agreement"), which sets forth the terms and
provisions of such stock purchase agreement, and further agreed to execution of
a formal agreement with such further terms and conditions that are reasonably
necessary to carry out and give effect to the terms and provisions of the Letter
Agreement.

                                    AGREEMENT

     In consideration of the mutual promises and covenants in this Stock
Purchase Agreement and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties agree as follows:

1.  PURCHASE OF SHARES

     1.1 As of the Closing Date (as defined in Section 10 below), the American
Energy Stockholders hereby sell, assign, transfer and convey to the Company, and
the Company hereby purchases from the American Energy Stockholders, 100% of the
issued and outstanding shares of common stock of American Energy.

     1.2 As consideration for the purchase of 100% of the issued and outstanding
shares of common stock from the American Energy Stockholders, the Company agrees
to issue an aggregate 1,248,000 shares of the Company's restricted common stock,
par value $0.001 (the "Common Stock") to the American Energy Stockholders as of
the Closing Date as set forth on Exhibit B hereto;

     1.3 The Company agrees (i) to reserve for issuance under its 2001 Incentive
Stock Option Plan and 2001 Nonstatutory Stock Option Plan (the "Plan") at least
an aggregate of 15% of Whistler's shares of common stock outstanding on a fully
diluted basis on the date that the Company's Board, which Board shall include
Charles Schembra, creates the "Option Pool," and (ii) reserve at least an
aggregate of 25% of the Option Pool for issuance to the principal employees,
officers and directors of American Energy listed in Exhibit C hereto, in
accordance with the terms and provisions of the Company's Plan.

<PAGE>

     1.4 Each of Charles Schembra, Shirley Morgan, and Joseph Nied
(individually, a "Controlling Stockholder" and, collectively, the "Controlling
Stockholders"), with respect to American Energy, agrees that for a period of two
(2) years after the Closing Date (the "Non-competition Period"), such
Controlling Stockholder shall not without, the Company's prior written consent,
directly or indirectly, own, manage, operate, join, control or participate in
the ownership, management, operation or control of, or be connected as a
director, officer, employee, partner, consultant or otherwise with, any business
or organization, that, directly competes with American Energy. In addition, no
Controlling Stockholder shall have an equity interest in any firm or business
that directly competes with American Energy other than as a 5% or less
shareholder of a publicly-held corporation.

     1.5 On the date of this Stock Purchase Agreement American Energy shall, as
a wholly owned subsidiary of Company, enter into employment agreements with
Charles Schembra, Shirley Morgan, and Joseph Nied in substantially the form
attached hereto as Exhibit D ("Executive Employment Agreements"). After securing
and delivering to American Energy the minimum of an aggregate of $500,000 in
outside equity financing within the 90 day period set forth in Section 5.1 of
this Stock Purchase Agreement, Company shall, for the initial two (2) year term
of the Executive Employment Agreements, cause its wholly owned subsidiary,
American Energy, to fulfill and honor in all respects the payment obligations of
American Energy under the Executive Employment Agreements.

     1.6 At the first meeting of the Company's stockholders at which directors
are elected, the Company agrees to (i) nominate Charles Schembra for election to
its Board, (ii) recommend that its stockholders vote in favor of electing Mr.
Schembra to its Board, and (iii) take all other reasonable actions necessary to
have Mr. Schembra elected to its Board.

2.   REPRESENTATIONS AND WARRANTIES OF AMERICAN ENERGY STOCKHOLDERS

     2.1 American Energy Stockholders hereby represent and warrant to the
Company, severally and not jointly, (the Company relying on such representations
and warranties in entering into this Stock Purchase Agreement) that, as of the
date hereof and as of the Closing Date:

     (a)  Each of the American Energy Stockholders is the respective owner of
          record and has right, title and interest in the shares of common stock
          of American Energy owned by such Stockholder;

     (b)  Each of the American Energy Stockholders' respective shares of common
          stock are validly issued and outstanding as fully paid and
          non-assessable with no options, contracts, calls, commitments or
          rights of any character relating thereto;

<PAGE>

     (c)  Each of the American Energy Stockholders has the full capacity and
          authority to sell, transfer, convey, and assign to the Company their
          respective number of the issued and outstanding shares of American
          Energy in accordance with the terms of this Stock Purchase Agreement;
          and

     (d)  Each of the American Energy Stockholders' holds legal title to
          his/her/its shares of common stock of American Energy, and that such
          shares are free and clear of all liens, charges, encumbrances, adverse
          claims and demands by any parties other than those to this Stock
          Purchase Agreement.

3.  REPRESENTATIONS OF AMERICAN ENERGY

     3.1 American Energy hereby represents and warrants to the Company (the
Company relying on such representations and warranties in entering into this
Stock Purchase Agreement) that, as of the date hereof and as of the Closing
Date:

     (a)  American Energy is a corporation duly organized, validly existing and
          in good standing under the laws of Nevada and has all requisite
          corporate power and authority to own and operate properties and to
          carry on its business as now being conducted;

     (b)  All necessary consents and approvals have been obtained by American
          Energy for the execution, delivery and performance of this Stock
          Purchase Agreement and the consummation of the transactions
          contemplated herein. The execution and delivery of this Stock Purchase
          Agreement by American Energy has been duly and validly authorized and
          approved by all necessary actions of American Energy, including
          appropriate resolutions of the board of directors of American Energy.
          This Stock Purchase Agreement is a valid and binding obligation of
          American Energy, enforceable against it in accordance with its terms
          and provisions;

     (c)  The assets, liabilities, financial and business condition of American
          Energy have been truly and fairly disclosed to the Company by American
          Energy, and are as reflected in the financial statements of American
          Energy, which have been furnished to the Company;

     (d)  The entering into of this Stock Purchase Agreement and the
          transactions contemplated herein will not result in the violation or
          breach of any of the terms and provisions of any other indenture,
          lease or agreement, written or oral, to which American Energy is a
          party or by which American Energy is bound or affected;

     (e)  American Energy will take all reasonably necessary steps and perform
          all reasonable acts necessary to register the transfer of the shares
          of common stock of American Energy to the Company as these transfers
          occur;

     (f)  The shares of stock transferred hereby represent all of the issued and
          outstanding shares of capital stock of American Energy as of the
          Closing Date;

<PAGE>

     (g)  American Energy's current material contracts, all of which are set
          forth in Section 4.1(g) of the Disclosure Schedule attached hereto as
          Exhibit F (the "Disclosure Schedule"), are legally binding, valid, and
          in full force and effect in all material respects; and

     (h)  Except as set forth in Section 4.1(h) of the Disclosure Schedule,
          there are no material actions, suits, proceedings or investigations
          pending or, to the knowledge of American Energy, threatened against or
          affecting American Energy or its properties before any court or
          governmental agency.

4.  REPRESENTATIONS OF THE COMPANY

     4.1 The Company represents and warrants to American Energy and the American
Energy Stockholders (American Energy and American Energy Stockholders relying on
such representations and warranties in entering into this Stock Purchase
Agreement) that, as of the date hereof and as of the Closing Date:

     (a)  The Company is a corporation duly organized, validly existing and in
          good standing under the laws of the State of Delaware and has all
          requisite corporate power and authority to own and operate properties
          and to carry on its business as now being conducted;

     (b)  All necessary corporate actions have been or will be taken prior to
          the Closing Date to authorize the Company to enter into and perform
          this Stock Purchase Agreement, and this Stock Purchase Agreement
          constitutes a legal, valid and binding obligation of the Company
          enforceable against the Company in accordance with its terms and
          provisions;

     (c)  The Company has filed all required forms, reports and documents
          required to be filed with the United States Securities and Exchange
          Commission (the "SEC") since the date 60 days after the SEC's
          acceptance of the Company's initial Form 10-SB filing (collectively,
          the "Company SEC Reports"). As of their respective dates or effective
          dates and except as the same may have been corrected, updated or
          superceded by means of a subsequent filing with the SEC prior to the
          date of this Stock Purchase Agreement, none of the Company SEC
          Reports, including any financial statements or schedules included or
          incorporated by reference therein, contained any untrue statement of a
          material fact or omitted to state a material fact required to be
          stated or incorporated by reference therein or necessary in order to
          make the statements therein, in light of the circumstances under which
          they were made, not misleading insofar as such statements relate to or
          affect the Company.

     (d)  The audited consolidated financial statements of the Company contained
          in the Company SEC Reports comply in all material respects with
          applicable accounting requirements and with the published rules and
          regulations of the SEC with respect thereto, were prepared in
          accordance with GAAP applied on a consistent basis during the periods
          involved (except as may be indicated in the notes thereto) and present
          fairly the Company's consolidated financial condition and the results
          of its operations as of the relevant dates thereof and for the periods
          covered thereby. The unaudited consolidated interim financial
          statements of the Company contained in the Company SEC Reports comply
          in all material respects with applicable accounting requirements and
          with the published rules and regulations of the SEC with respect
          thereto, were prepared on a basis consistent with prior interim
          periods (except as required by applicable changes in GAAP or in SEC
          accounting policies) and include adjustments (consisting only of
          normal recurring accruals) necessary for fair presentation of the
          Company' consolidated financial condition and results of operations
          for such periods;

<PAGE>

     (e)  The Company is in compliance with any and all requirements of the
          Securities Exchange Act of 1934, as amended, and the Securities Act of
          1933, as amended, and the rules and regulations thereunder or of the
          rules and policies of the NASD as applied to the OTCBB system of
          electronic trading;

     (f)  The entering into this Stock Purchase Agreement by the Company, the
          completion by the Company of the purchase of the shares of common
          stock of American Energy, and the issuance by the Company of its
          restricted shares of common stock will not result in the violation of
          any law of the State of Delaware or the laws of the United States
          applicable thereto;

     (g)  The entering into this Stock Purchase Agreement and the transactions
          contemplated herein will not result in the violation of any of the
          terms and provisions of the certificate of incorporation or bylaws of
          the Company nor the Company's Listing Agreement for the OTCBB filed
          with the National Association of Securities Dealers, Inc. ("NASD") or
          the Form 211s filed by the Company's market maker with the NASD;

     (h)  The Company does not have any indebtedness, liability or obligation
          required by GAAP to be reflected on a balance sheet that is not
          reflected or reserved against in the most recent Company balance sheet
          except (i) liabilities, obligations and contingencies that were
          incurred after the date of the most recent Company balance sheet in
          the ordinary course of business and which would not, in the aggregate,
          have a material adverse effect on the Company's business, financial
          condition and results of operations and (ii) other liabilities,
          obligations and contingencies that would not, in the aggregate, have a
          material adverse effect on the Company's business, financial condition
          and results of operations; and

     (i)  There is no suit, action or proceeding pending, or to the knowledge of
          the Company, threatened against or affecting the Company or any
          judgment, decree, injunction, rule or order of any governmental entity
          or arbitrator outstanding against the Company that has had or is
          likely to have a material adverse effect on the Company's business,
          financial condition and results of operations.

5.  FINANCING.

     5.1 The Company hereby covenants to use its best efforts to raise a minimum
of an aggregate of $500,000 dollars in outside equity financing within 90 days
after the Closing Date. If the Company is unable to secure a minimum of an
aggregate of $500,000 dollars within 90 days after the Closing Date, unless
otherwise agreed to in writing by the parties, (i) the American Energy
Stockholders shall have returned to them by Whistler all of the issued and
outstanding shares of common stock of American Energy transferred by American
Energy and the American Energy Stockholders under this Agreement, (ii) Whistler

<PAGE>

shall have returned to it by American Energy and the American Energy
Stockholders all of the shares of Whistler common stock transferred by Whistler
under this Agreement, (iii) the employment agreements referenced in Section 1.5
above shall become null and void, and (iv) the Company shall reimburse American
Energy for all legal expenses up to $25,000 incurred by American Energy in
connection with the negotiation of this Agreement and American Energy's common
stock offering.

     5.2 The Company shall provide interim funding to American Energy as set
forth in the funding schedule attached hereto as Exhibit E.

     5.3 The interim funding described in Section 5.2 and set forth in Exhibit E
hereto above shall be in the form of a non interest bearing note secured by the
assets of American Energy.

6.  CONDITIONS PRECEDENT TO THE COMPANY'S OBLIGATIONS

     6.1 Notwithstanding anything herein contained, the obligation of the
Company to complete the purchase of the shares of common stock of American
Energy, is subject to the following conditions:

     (a)  The representations and warranties of American Energy and American
          Energy Stockholders contained in this Stock Purchase Agreement shall
          be true as of the Closing Date;

     (b)  All of the covenants, agreements and deliveries of American Energy and
          American Energy Stockholders to be performed on or before the Closing
          Date pursuant to the terms of this Stock Purchase Agreement shall have
          been duly performed;

     (c)  Prior to the Closing Date, American Energy shall not have experienced
          any event or condition or taken any action of any character or have
          become aware of any action of any character that would adversely
          affect its assets or financial condition;

     (d)  The Company is satisfied on the Closing Date that the Company will
          acquire good and valid title to the shares of common stock of American
          Energy free and clear of liens, charges and encumbrances, and that
          this transaction will be not subject to being set aside under any
          applicable insolvency, bankruptcy or similar legislation; and

     (e)  The transactions contemplated by this Stock Purchase Agreement shall
          have been duly approved by the board of directors of American Energy.

     6.2 The foregoing conditions are for the exclusive benefit of the Company
and such conditions may be waived in whole or in part by the Company on or prior
to the Closing Date by delivery to American Energy of a written waiver to that
effect, signed by the Company.

<PAGE>

7.   CONDITIONS PRECEDENT TO THE OBLIGATIONS OF AMERICAN ENERGY AND THE AMERICAN
     ENERGY STOCKHOLDERS:

     7.1 Notwithstanding anything herein contained, the obligation of American
Energy and the American Energy Stockholders to complete the sale of the shares
of common stock of American Energy, is subject to the following conditions:

     (a)  The representations and warranties of the Company contained in this
          Stock Purchase Agreement shall be true as of the Closing Date;

     (b)  All of the covenants, agreements and deliveries of the Company to be
          performed on or before the Closing Date pursuant to the terms of this
          Stock Purchase Agreement shall have been duly performed;

     (c)  Prior to the Closing Date, the Company shall not have experienced any
          event or condition or taken any action of any character or have become
          aware of any action of any character that would adversely affect its
          assets or financial condition; and

     (d)  The transactions contemplated by this Stock Purchase Agreement shall
          have been duly approved by the board of directors and, if necessary,
          the stockholders of the Company.

     7.2 The foregoing conditions are for the exclusive benefit of American
Energy and the American Energy Stockholders and such conditions may be waived in
whole or in part by American Energy and the American Energy Stockholders on or
prior to the Closing Date by delivery to the Company of a written waiver to that
effect, signed by American Energy and the American Energy Stockholders.

8.   SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS

     8.1 All representations, warranties, covenants and agreements made by the
American Energy Stockholders in this Stock Purchase Agreement or pursuant hereto
shall, unless otherwise expressly stated, survive the Closing Date and the
issuance of the shares of common stock of the Company.

     8.2 All representations, warranties, covenants and agreements made by
American Energy in this Stock Purchase Agreement or pursuant hereto shall,
unless otherwise expressly stated, survive the Closing Date, the issuance of the
shares of common stock of the Company.

     8.3 All representations, warranties, covenants and agreements made by the
Company in this Stock Purchase Agreement or pursuant hereto shall, unless
otherwise expressly stated, survive the Closing Date, the issuance of the shares
of common stock of the Company.

<PAGE>

9.  DELIVERIES ON CLOSING DATE

     9.1 On the Closing Date, American Energy shall deliver or cause to be
delivered to the Company or to the Company's agent:

     (a)  a resolution of the board of directors of American Energy approving
          the transactions contemplated herein and the consummation of the Stock
          Purchase Agreement;

     (b)  share certificates for 100% of the shares of common stock of American
          Energy duly endorsed for transfer;

     (c)  unaudited financial statements, including balance sheet, statement of
          cash flows, statement of operations, statement of stockholders'
          equity/deficit of American Energy, for the period commencing the date
          of inception to the Closing Date; and

     (d)  Copies of all documents that have not been previously delivered to the
          Company before the Closing Date that the Company in its reasonable
          opinion would consider to be necessary or desirable for the
          consummation of the Stock Purchase Agreement.

     9.2 On the Closing Date, the Company shall deliver or cause to be delivered
to American Energy or to American Energy's agent share certificates for the
Company's shares of restricted common stock registered in the respective name
and in the respective denomination for each American Energy Stockholder.

10.  CLOSING DATE

     10.1 The closing of the transaction contemplated by this Stock Purchase
Agreement (the "Closing Date") shall be held in the offices of Tarmac
Management, [a __________ corporation,] commencing at 9:00 a.m. on September 28,
2001, or at such other time and/or location as the parties may agree upon. At
the closing of the transaction, all share certificates, assignments and other
instruments and documents referred to or contemplated by this Stock Purchase
Agreement, in form and substance meeting the reasonable requirements of the
parties, shall be exchanged by the parties, along with such supporting documents
as may be reasonably required by counsel to the parties.

11.  NOTICES

     11.1 Any notice or other writing required or permitted to be given
hereunder shall be deemed to be sufficiently given if personally delivered, if
mailed postage prepaid in any post office in the United States or Canada, or if
given by telegram, telecopier, or facsimile, addressed to the addresses given
for the parties to this Stock Purchase Agreement.

<PAGE>

     11.2 Any party may, from time to time by notice in writing, given
aforesaid, change its addresses for the purposes of this section by giving
notice of this change to the other party.

12.  GENERAL PROVISIONS

     12.1 Time shall be of the essence of this Stock Purchase Agreement.

     12.2 This Stock Purchase Agreement contains the whole agreement among the
Company, American Energy and American Energy Stockholders in respect of the
purchase and sale of the shares of common stock of American Energy contemplated
hereby, and there are no warranties, representations, terms, conditions or
collateral agreements, express, implied or statutory, other than expressly set
forth in this Stock Purchase Agreement, including, but not limited to, any prior
or contemporaneous negotiations, discussions, or agreements, including the
letter of intent entered into by the Company and American Energy with respect to
the transactions that are the subject of this Stock Purchase Agreement.

     12.3 This Stock Purchase Agreement may be amended by American Energy and
the Company or pursuant to action taken by their respective Boards of Directors
at any time before of after approval of this Stock Purchase Agreement by the
stockholders of American Energy and, if applicable, the Company and prior to the
Closing Date, but after either such approval, after either such approval, no
amendment will be made that in any way materially adversely affects the rights
of such stockholders, without the further approval of such stockholders. This
Stock Purchase Agreement may not be amended except by an instrument in writing
signed on behalf of American Energy and the Company.

     12.4 This Stock Purchase Agreement shall enure to the benefit of and be
binding upon the parties hereto and, as applicable, their heirs, administrators,
successors and assigns, and any reference herein to the Company or American
Energy shall include, as applicable, their successors and assigns.

     12.5 The parties hereto shall execute such further and other documents and
do such further and other things as may be necessary to carry out and give
effect to the intent of this Stock Purchase Agreement.

     12.6 This Stock Purchase Agreement shall in all respects be governed by and
be construed in accordance with the laws of the State of Delaware, and the
parties hereto agree to attorn to the courts thereof.

     12.7 If any one or more of the provisions in this Stock Purchase Agreement
should be invalid, illegal or unenforceable in any respect in any jurisdiction,
the validity, legality and enforceability of such provision or provisions shall
not in any way be affected or impaired thereby in any other jurisdiction and the
validity, legality and enforceability of the remaining provisions contained
herein shall not in any way be affected or impaired thereby, unless in either
case as a result of such determination this Stock Purchase Agreement would fail
of its essential purpose.

<PAGE>

     12.8 All costs and expenses (including, without limitation, fees and
disbursements of legal counsel and any investment advisors) incurred in
connection with this Stock Purchase Agreement and the transactions contemplated
hereby shall be paid by the party incurring such expenses unless otherwise
agreed to between the parties.

     12.9 This Stock Purchase Agreement may be executed in one or more
counterparts and by facsimile, each of which counterparts so executed shall
constitute an original and all of which together shall constitute one and the
same agreement.

     12.10 The parties hereto acknowledge that Rich Glovin, Attorney at Law,
represents the Company and has provided no legal advice with respect to this
Stock Purchase Agreement to any other party. The parties hereby acknowledge that
they have been advised to seek independent legal advise with respect to this
Stock Purchase Agreement, and American Energy and American Energy Stockholders
agree to hold harmless and indemnify Rich Glovin with respect to any claims
brought by other parties regarding legal advice with respect to this Stock
Purchase Agreement.

     12.11 The parties undersigned have read, acknowledged, understood and
accepted the terms of the offers contained herein.

                            [SIGNATURE PAGES FOLLOW]

<PAGE>

     IN WITNESS WHEREOF, this Stock Purchase Agreement has been executed by the
parties hereto effective as of the day and year first above written.

WHISTLER, INC.,
a Delaware Corporation

By: _____________________________

Its: ____________________________

AMERICAN ENERGY POWER SYSTEMS INC.,
a Nevada Corporation

By: _____________________________
      Charles Schembra
Its:  President

AMERICAN ENERGY STOCKHOLDERS:

_____________________________
   Charles Schembra

_____________________________
   Shirley Morgan

_____________________________
   Joseph Nied

_____________________________
   Scott Johnson

_____________________________
   Yale Hirsch

                ***SIGNATURE PAGE TO STOCK PURCHASE AGREEMENT***

<PAGE>

_____________________________
   Jay Ong

_____________________________
   Michael Garner

_____________________________
   Sylvan Stenge

_____________________________
   Margaret Susan Kukulus

_____________________________
   Stuart Hutchison

_____________________________
   Jacquie Chandler

_____________________________
   Josephine Helen Batorski

_____________________________                     ______________________________
   Rolando C. Gingras                 and             Beth Amine

                ***SIGNATURE PAGE TO STOCK PURCHASE AGREEMENT***

<PAGE>

                                    EXHIBIT A

                          AMERICAN ENERGY STOCKHOLDERS

Charles Schembra

Shirley Morgan

Joseph Neid

Scott Johnson

Yale Hirsch

Jay Ong

Michael Garner

Sylvan Stenge

Margaret Susan Kukulus

Stuart Hutchison

Jacquie Chandler

Josephine Helen Batorski

Rolando Gingras and Beth Amine

<PAGE>

                                    EXHIBIT B

             WHISTLER SHARES ISSUED TO AMERICAN ENERGY STOCKHOLDERS

STOCKHOLDER:                                          NUMBER OF WHISTLER SHARES:
-----------                                           --------------------------

Charles Schembra                                                361,884

Shirley Morgan                                                  361,884

Joseph Neid                                                     325,695

Scott Johnson                                                    36,188

Yale Hirsch                                                      54,284

Jay Ong                                                          36,188

Michael Garner                                                    6,333

Sylvan Stenge                                                    24,077

Margaret Susan Kukulus                                            1,338

Stuart Hutchison                                                 13,376

Jacquie Chandler                                                 16,052

Josephine Helen Batorski                                          6,688

Rolando Gingras and Beth Amine                                    4,013
                                                              ---------

TOTAL:                                                        1,248,000
                                                              =========

<PAGE>

                                    EXHIBIT C

              AMERICAN ENERGY OFFICERS, DIRECTORS AND KEY EMPLOYEES
                         TO BE ISSUED WHISLTER OPTIONS

Charles Schembra

Shirley Morgan

Joseph Nied

<PAGE>

                                    EXHIBIT D

                          FORM OF EMPLOYMENT AGREEMENT

                                   [attached]

<PAGE>

                                    EXHIBIT E

                            INTERIM FUNDING SCHEDULE

                                   [attached]

<PAGE>
<TABLE>
<CAPTION>

-----------------------------------------------------------------------------------------------------------------------------
American Energy     6 Mo Cash Flow                            Rev. B    Aug 2001

Sources of Cash:                         Jul           Aug         Sept         Oct          Nov          Dec        Totals
-----------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>          <C>          <C>          <C>          <C>          <C>          <C>
    Operations during the year:
  Net Income After Taxes              ($ 27,818)   ($ 37,617)   ($ 52,193)   ($ 67,481)   ($ 69,336)   ($ 62,839)   ($317,283)
  Add items not decreasing cash
    Depreciation                      $   1,000    $   1,500    $   1,500    $   1,500    $   2,000    $   2,000    $   9,500
    Increase in Accounts Payable      $  13,000    $  22,000    $  32,400    $  40,600    $  46,900    $  38,100    $ 193,000
    Increase in Other Payables        $   3,250    $   5,500    $   8,100    $  10,150    $  11,725    $   9,525    $  48,250
    Increase in Accrued Liabilities   $   6,842    $  11,000    $  16,200    $  20,300    $  23,450    $  19,050    $  96,842

  Deduct items not increasing cash
    Increase in Accounts Rec.         $   8,000    $  20,000    $  35,000    $  48,000    $  62,000    $  60,000    $ 233,000
    Increase in Inventory             $       0    $       0    $       0    $   7,000    $  22,110    $  26,000    $  55,110
-----------------------------------------------------------------------------------------------------------------------------
Cash from Operations                  ($ 11,726)   ($ 17,617)   ($ 28,993)   ($ 49,931)   ($ 69,371)   ($ 80,164)   ($257,801)

    Financing & Other:
  Sale of Stock                       $  10,000    $  40,000    $   7,000    $       0    $       0    $       0    $  57,000
  Proceeds:  Short Term Loans         $   8,000    $       0    $       0    $       0    $       0    $       0    $   8,000
  Proceeds:  Long Term Loans/Leases                $       0    $       0    $  10,000    $  10,000    $       0    $  20,000
  Cash infusion                       $       0    $       0    $  30,000    $  70,000    $  70,000    $ 100,000    $ 270,000
  Collection of Notes Receivable      $       0    $       0    $       0    $       0    $       0    $       0    $       0
  Reduction: Other Current Assets     $       0    $       0    $       0    $       0    $       0    $       0    $       0
  Reduction: Other Assets             $       0    $       0    $       0    $       0    $       0    $       0    $       0
-----------------------------------------------------------------------------------------------------------------------------
Cash from Operations & Financing      $   6,274    $  22,383    $   8,007    $  30,069    $  10,629    $  19,836    $ 355,000

Applications of Cash:
  Purchases of Fixed Assets           $     500    $   1,000    $   5,000    $  10,000    $  10,000    $  10,000    $  36,500
  Repayment of Short Term Loans                    $     500    $   1,500    $   2,000    $   2,000    $   2,000    $   8,000
  Repayment of Long Term Loans                     $       0    $       0    $       0    $       0    $       0    $       0
  Cost of Raising Capital             $       0    $   1,500    $   1,500    $   7,000    $   7,000    $   7,000    $  24,000
  Increase in Notes Receivable        $       0    $       0    $       0    $       0    $       0    $       0    $       0
  Increase in Other Current Assets    $       0    $       0    $       0    $       0    $       0    $       0    $       0
  Increase in Other Assets            $       0    $       0    $       0    $       0    $       0    $       0    $       0
-----------------------------------------------------------------------------------------------------------------------------
Increase/(Decrease) in Cash           $   5,774    $  19,383    $       7    $  11,069    ($  8,371)   $     836    $  28,699

Change in Cash Balance
  Beginning Cash Balance              $   1,500    $   7,274    $  26,658    $  26,665    $  37,734    $  29,363
  Increase/(Decrease) in Cash         $   5,774    $  19,383    $       7    $  11,069    ($  8,371)   $     836
  Ending Cash Balance                 $   7,274    $  26,658    $  26,665    $  37,734    $  29,363    $  30,199
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

                                    EXHIBIT F

                 DISCLOSURE SCHEDULE TO STOCK PURCHASE AGREEMENT

4.1(f).

    Customer              Type of Contract            Status
    --------              ----------------            ------

1.  ABC channel 10        Photovoltaics               Installed

2.  Berg                  Photovoltaics               Installation in progress

3.  Hoppy Brewing         Hot Water System            Installation pending

4.  John Deterding        Hot Water/Photovoltaics     Letter of Commitment

5.  Family Fitness        Hot Water                   Install to start in a week

6.  Rick Ong and Group    Hot Water Proto & Mfg.      In process

4.1(g).

1. By way of an July 25, 2001 amendment to his complaint filed June 14, 2001, in
the Superior Court of California, County of Sacramento alleging, among other
things, implied in fact promise not to terminate but for good cause and breach
of express contract, Mr. Kevin Boedecker named American Energy in its suit filed
against Anupower corporation, Chuck Schembra , Shirley Morgan, et. al. The
matter, which American Energy believes is without merit, is scheduled for
arbitration.

2. Ms. Dreme Autry, an individual who had contemplated being a founder of
American Energy, has filed a complaint with the Employment Development
Department (EDD) against Chuck Schembra alleging discrimination. American Energy
believes that this claim is without merit and will be dismissed.EXHIBIT 10.3

                         EXECUTIVE EMPLOYMENT AGREEMENT

     This Executive Employment Agreement (this "Agreement") is made effective as
of September 28, 2001 (the "Effective Date"), by and between American Energy
Power Systems Inc., a Nevada corporation (the "Company") and Charles Schembra
("Executive").

     The parties agree as follows:

     1. Employment. Company hereby employs Executive, and Executive hereby
accepts such employment, upon the terms and conditions set forth herein.

     2. Duties.

          2.1 Position. Executive is employed as President and shall have the
duties and responsibilities assigned by Company's Board of Directors ("Board of
Directors") both upon initial hire and as may be reasonably assigned from time
to time. Executive shall perform faithfully and diligently all duties assigned
to Executive. Company reserves the right to modify Executive's position and
duties at any time in its sole and absolute discretion, provided that the duties
assigned are consistent with the position of a senior executive and that
Executive continues to report to the Board of Directors.

          2.2 Best Efforts/Full-time. Executive will expend Executive's best
efforts on behalf of Company, and will abide by all policies and decisions made
by Company, as well as all applicable federal, state and local laws, regulations
or ordinances. Executive will act in the best interest of Company at all times.
Executive shall devote Executive's full business time and efforts to the
performance of Executive's assigned duties for Company, unless Executive
notifies the Board of Directors in advance of Executive's intent to engage in
other paid work and receives the Board of Directors' express written consent to
do so.

          2.3 Work Location. Executive's principal place of work shall be
located in Sacramento County, California, or such other location as the parties
may agree upon from time to time.

     3. Term.

          3.1 Initial Term. The employment relationship pursuant to this
Agreement shall be for an initial term commencing on the Effective Date set
forth above and continuing for a period of two (2) years following such date
("Initial Term"), unless sooner terminated in accordance with section 7 below.

          3.2 Renewal. On completion of the Initial Term specified in subsection
3.1 above, this Agreement will automatically renew for subsequent one-year terms
unless either party provides ninety (90) days' advance written notice to the
other that Company/Executive does not wish to renew the Agreement for a
subsequent one-year term. In the event either party gives notice of non-renewal
pursuant to this subsection 3.2, this Agreement will expire at the end of the
current term.

<PAGE>

     4. Compensation.

          4.1 Base Salary. As compensation for Executive's performance of
Executive's duties hereunder, Company shall pay to Executive an initial Base
Salary of $120,000 per year, payable in accordance with the normal payroll
practices of Company, less required deductions for state and federal withholding
tax, social security and all other employment taxes and payroll deductions.
Notwithstanding the foregoing, Executive and Company hereby agree that for the
period commencing on the Effective Date and ending on December 31, 2001 (the
"Deferral Period"), Executive shall receive a monthly salary equal to 50% of
Executive's Base Salary. Commencing on January 1, 2002, Company shall pay
Executive his Base Salary and shall pay Executive a lump sum payment equal to
the difference between the amount of salary received during the Deferral Period
and Executive's Base Salary. In the event either party, for any reason,
terminates Executive's employment under this Agreement, Executive will earn the
Base Salary prorated to the date of termination.

          4.2 Incentive Compensation. Executive will be eligible to receive
incentive compensation, the terms, amount and payment of which shall be
determined by the Company's Board of Directors.

          4.3 Stock Options. Subject to the Board of Directors' approval,
Executive will be granted an option to purchase [__________] shares of Company's
Common Stock under the Company's 2001 Incentive Stock Option Plan and 2001
Nonstatutory Stock Option Plan (the "Plan") at an exercise price equal to the
fair market value of that stock on the date of the grant (the "Option"). The
Option will be subject to the terms and conditions of the Plan and the standard
stock option agreement provided pursuant to the Plan, which Executive will be
required to sign as a condition of receiving the Option.

          4.4 Performance and Salary Review. The Board of Directors will
periodically review Executive's performance on no less than an annual basis
during the Initial Term and annually thereafter. The Board of Directors will
make adjustments to salary or other compensation, if any, in its sole and
absolute discretion.

     5. Customary Fringe Benefits. Executive will be eligible for all customary
and usual fringe benefits generally available to executives of Company subject
to the terms and conditions of Company's benefit plan documents.

     6. Business Expenses. Executive will be reimbursed for all reasonable,
out-of-pocket business expenses incurred in the performance of Executive's
duties on behalf of Company. To obtain reimbursement, expenses must be submitted
promptly with appropriate supporting documentation in accordance with Company's
policies.

     7. Termination of Executive's Employment. Nothing contained in this
Agreement shall alter the "at will" nature of this Agreement.

          7.1 Termination for Cause by Company. Although Company anticipates a
mutually rewarding employment relationship with Executive, Company may terminate
Executive's employment immediately at any time for Cause. For purposes of this
Agreement, "Cause" is defined as: (a) acts or omissions constituting gross
negligence, recklessness or willful misconduct on the part of Executive with
respect to Executive's obligations or otherwise relating to the business of

<PAGE>

Company; (b) Executive's material breach of this Agreement or Company's Employee
Innovations and Proprietary Rights Agreement; (c) Executive's conviction or
entry of a plea of nolo contendere for fraud, misappropriation or embezzlement,
or any felony or crime of moral turpitude; (d) Executive's willful neglect of
duties as determined in the sole and exclusive discretion of the Board of
Directors; (e) Executive's failure to perform the essential functions of
Executive's position, with or without reasonable accommodation, due to a mental
or physical disability; or (f) Executive's death. In the event Executive's
employment is terminated in accordance with this subsection 7.1, Executive shall
be entitled to receive only the Base Salary then in effect, prorated to the date
of termination and any benefits and expense reimbursements to which Executive is
entitled by virtue of his prior employment with Company ("Standard
Entitlements"). All other Company obligations to Executive pursuant to this
Agreement will become automatically terminated and completely extinguished.
Executive will not be entitled to receive the Severance Payment described in
subsection 7.2 below.

          7.2 Termination Without Cause by Company/Severance. Company may
terminate Executive's employment under this Agreement without Cause at any time
on thirty (30) days' advance written notice to Executive. In the event of such
termination, the non-competition provision set forth as Section 1.4 of that
certain Stock Purchase Agreement, of even date herewith, by and among Executive,
American Energy Power Systems Inc., and Company (the "No-Compete Provision")
shall, with respect to Executive, immediately become null and void, and
Executive will receive the Standard Entitlements and a "Severance Package" that
includes: (1) a severance payment equivalent to one year of Executive's Base
Salary then in effect on the date of termination, payable in accordance with
Company's regular payroll cycle; and (2) continued group health coverage at the
Company's expense, for one year following the termination provided that
Executive: (a) complies with all surviving provisions of this Agreement as
specified in subsection 12.8 below; and (b) executes a full general release,
releasing all claims, known or unknown, that Executive may have against Company
arising out of or any way related to Executive's employment or termination of
employment with Company. All other Company obligations to Executive will be
automatically terminated and completely extinguished.

          7.3 Voluntary Resignation by Executive for Good Reason/Severance.
Executive may voluntarily resign Executive's position with Company for Good
Reason, at any time, on thirty (30) days' advance written notice. In the event
of Executive's resignation for Good Reason, the No-Compete Provision shall
immediately become null and void, and Executive will be entitled to receive the
Standard Entitlements and the Severance Package described in subsection 7.2.
above, provided Executive complies with all of the conditions in subsection 7.2.
above. All other Company obligations to Executive pursuant to this Agreement
will become automatically terminated and completely extinguished. Executive will
be deemed to have resigned for Good Reason in the following circumstances: (a)
Company's material breach of this Agreement; (b) Executive's Base Salary is
reduced by more than 25% below Executive's salary in effect at any time during
the preceding twelve months, unless the reduction is made as part of, and is
generally consistent with, a general reduction of senior executive salaries; (c)
Executive's position and/or duties are modified so that Executive's duties are
no longer consistent with the position of a senior executive or Executive no
longer reports to the Board of Directors; or (d) Company relocates Executive's
principal place of work to a location more than sixty (60) miles from the
location specified in subsection 2.3, without Executive's prior written
approval.

<PAGE>

          7.4 Voluntary Resignation by Executive Without Good Reason. Executive
may voluntarily resign Executive's position with Company without Good Reason, at
any time on thirty (30) days' advance written notice. In the event of
Executive's resignation without Good Reason, Executive will be entitled to
receive only the Standard Entitlements and no other amount for the remaining
months of the subsequent one-year term, if any. All other Company obligations to
Executive pursuant to this Agreement will become automatically terminated and
completely extinguished. In addition, Executive will not be entitled to receive
the Severance Package described in subsection 7.2. above.

          7.5 Termination Upon A Change In Control.

               (a) Severance Payment. If within twelve (12) months after a
Change in Control (as that term is defined below) Executive's employment is
terminated by Company other than for Cause (as defined in subsection 7.1 above)
or by Executive for Good Reason (as defined in subsection 7.2 above), Executive
shall be entitled to receive the Severance Package described in subsection 7.2
above and the remaining unvested portion of the Option provided for in
subsection 4.3 above shall immediately vest and become fully exercisable by
Executive, provided Executive complies with all the conditions described in
subsection 7.2 above. All other Company obligations to Executive pursuant to
this Agreement will become automatically terminated and completely extinguished.

               (b) 280G. If, due to the benefits provided under subsection
7.5(a) above, Executive is subject to any excise tax due to characterization of
any amounts payable under subsection 7.5(a) as excess parachute payments
pursuant to Section 4999 of the Internal Revenue Code of 1986, as amended (the
"Code"), Executive may elect, in Executive's sole discretion, to reduce the
amounts payable under subsection 7.5(a) in order to avoid any "excess parachute
payment" under Section 280G(b)(1) of the Code.

               (c) Change of Control. A Change of Control is defined as any one
of the following occurrences:

                    (i) Any "person" (as such term is used in Sections 13(d) and
14(d) of the Securities Exchange Act of 1934 (the "Exchange Act")), other than a
trustee or other fiduciary holding securities of Whistler and/or Company under
an employee benefit plan of Whistler and/or Company, becomes the "beneficial
owner" (as defined in Rule 13d-3 promulgated under the Exchange Act), directly
or indirectly, of the securities of Whistler and/or Company representing more
than 50% of (A) the outstanding shares of common stock of Whistler and/or
Company or (B) the combined voting power of Whistler and/or Company's
then-outstanding securities; or

                    (ii) The sale or disposition of all or substantially all of
Whistler and/or Company's assets (or any transaction having similar effect is
consummated); or

                    (iii) Whistler and/or Company is party to a merger or
consolidation that results in the holders of voting securities of Whistler
and/or Company outstanding immediately prior thereto failing to continue to
represent (either by remaining outstanding or by being converted into voting
securities of the surviving entity) more than 50% of the combined voting power
of the voting securities of Whistler and/or Company or such surviving entity
outstanding immediately after such merger or consolidation.

<PAGE>

          7.6 Termination of Employment Upon Non-renewal. In the event either
party decides not to renew this Agreement for a subsequent one-year term in
accordance with subsection 3.2 above, the Agreement will expire, Executive's
employment with Company will terminate and Executive will be entitled to the
Standard Entitlements for the balance of the current term. In addition, if
Company is the party that gives notice of nonrenewal then Executive shall
receive a severance payment equivalent to six (6) months of Executive's Base
Salary then in effect on the date of termination, payable in accordance with the
Company's regular payroll cycle, provided that Executive complies with all of
the conditions in subsection 7.2 above. All other Company obligations to
Executive pursuant to this Agreement will become automatically terminated and
completely extinguished. Executive will not be entitled to the Severance Package
described in subsection 7.2 above.

     8. No Conflict of Interest. During the term of Executive's employment with
Company and during any period Executive is receiving payments from Company,
Executive must not engage in any work, paid or unpaid, that creates an actual or
potential conflict of interest with Company. Such work shall include, but is not
limited to, directly or indirectly competing with Company in any way, or acting
as an officer, director, employee, consultant, stockholder, volunteer, lender,
or agent of any business enterprise of the same nature as, or which is in direct
competition with, the business in which Company is now engaged or in which
Company becomes engaged during the term of Executive's employment with Company,
as may be determined by the Board of Directors in its sole discretion. If the
Board of Directors believes such a conflict exists during the term of this
Agreement, the Board of Directors may ask Executive to choose to discontinue the
other work or resign employment with Company. If the Board of Directors believes
such a conflict exists during any period in which Executive is receiving
payments pursuant to this Agreement, the Board of Directors may ask Executive to
choose to discontinue the other work or forfeit the remaining severance
payments. In addition, Executive agrees not to refer any client or potential
client of Company to competitors of Company, without obtaining Company's prior
written consent, during the term of Executive's employment and during any period
in which Executive is receiving payments from Company pursuant to this
Agreement.

     9. Confidentiality and Proprietary Rights. Executive agrees to read, sign
and abide by Company's Employee Innovations and Proprietary Rights Assignment
Agreement, which is attached as Exhibit A to this Agreement and incorporated
herein by reference.

     10. Non-Solicitation.

          10.1 Nonsolicitation of Customers. Executive acknowledges that
information about Company's customers is confidential and constitutes trade
secrets. Accordingly, Executive agrees that during the term of this Agreement
and for a period of one (1) year after the termination of this Agreement,
Executive will not, either directly or indirectly, separately or in association
with others, interfere with, impair, disrupt or damage Company's relationship
with any of its customers by soliciting or encouraging others to solicit any of
them for the purpose of diverting or taking away business from Company.

          10.2 Nonsolicitation of Company's Employees. Executive agrees that
during the term of this Agreement and for a period of one (1) year after the
termination of this Agreement, Executive will not, either directly or
indirectly, separately or in association with others, interfere with, impair,
disrupt or damage Company's business by soliciting, encouraging or attempting to
hire any of Company's employees or causing others to solicit or encourage any of
Company's employees to discontinue their employment with Company.

<PAGE>

     11. Injunctive Relief. Executive acknowledges that Executive's breach of
the covenants contained in sections 8-10 (collectively "Covenants") would cause
irreparable injury to Company and agrees that in the event of any such breach,
Company shall be entitled to seek temporary, preliminary and permanent
injunctive relief without the necessity of proving actual damages or posting any
bond or other security.

     12. General Provisions.

          12.1 Guarantee. After securing and delivering to Company the minimum
of an aggregate of $500,000 in outside equity financing within the 90 day period
set forth in Section 5.1 of that certain Stock Purchase Agreement, of even date
herewith, by and among Whistler, Inc., a Delaware corporation ("Whistler"),
Company and all of Company's stockholders, Whistler shall, for the Initial Term,
cause its wholly owned subsidiary, Company, to fulfill and honor in all respects
the payment obligations of Company under this Agreement.

          12.2 Successors and Assigns. The rights and obligations of Company
under this Agreement shall inure to the benefit of and shall be binding upon the
successors and assigns of Company. Executive shall not be entitled to assign any
of Executive's rights or obligations under this Agreement.

          12.3 Waiver. Either party's failure to enforce any provision of this
Agreement shall not in any way be construed as a waiver of any such provision,
or prevent that party thereafter from enforcing each and every other provision
of this Agreement.

          12.4 Attorneys' Fees. Each side will bear its own attorneys' fees in
any dispute unless a statutory section at issue, if any, authorizes the award of
attorneys' fees to the prevailing party.

          12.5 Severability. In the event any provision of this Agreement is
found to be unenforceable by an arbitrator or court of competent jurisdiction,
such provision shall be deemed modified to the extent necessary to allow
enforceability of the provision as so limited, it being intended that the
parties shall receive the benefit contemplated herein to the fullest extent
permitted by law. If a deemed modification is not satisfactory in the judgment
of such arbitrator or court, the unenforceable provision shall be deemed
deleted, and the validity and enforceability of the remaining provisions shall
not be affected thereby.

          12.6 Interpretation; Construction. The headings set forth in this
Agreement are for convenience only and shall not be used in interpreting this
Agreement. This Agreement has been drafted by legal counsel representing
Company, but Executive has participated in the negotiation of its terms.
Furthermore, Executive acknowledges that Executive has had an opportunity to
review and revise the Agreement and have it reviewed by legal counsel, if
desired, and, therefore, the normal rule of construction to the effect that any
ambiguities are to be resolved against the drafting party shall not be employed
in the interpretation of this Agreement.

<PAGE>

          12.7 Governing Law. This Agreement will be governed by and construed
in accordance with the laws of the United States and the State of California.
Each party consents to the jurisdiction and venue of the state or federal courts
in Sacramento County, California, if applicable, in any action, suit, or
proceeding arising out of or relating to this Agreement.

          12.8 Notices. Any notice required or permitted by this Agreement shall
be in writing and shall be delivered as follows with notice deemed given as
indicated: (a) by personal delivery when delivered personally; (b) by overnight
courier upon written verification of receipt; (c ) by telecopy or facsimile
transmission upon acknowledgment of receipt of electronic transmission; or (d)
by certified or registered mail, return receipt requested, upon verification of
receipt. Notice shall be sent to the addresses set forth below, or such other
address as either party may specify in writing.

          12.9 Survival. Sections 8 ("No Conflict of Interest"), 9
("Confidentiality and Proprietary Rights"), 10 ("Non-Solicitation"), 11
("Injunctive Relief"), 12 ("General Provisions") and 13 ("Entire Agreement") of
this Agreement shall survive Executive's employment by Company.

     13. Entire Agreement. This Agreement, including the Company Employee
Innovations and Proprietary Rights Assignment Agreement incorporated herein by
reference, constitutes the entire agreement between the parties relating to this
subject matter and supersedes all prior or simultaneous representations,
discussions, negotiations, and agreements, whether written or oral. This
Agreement may be amended or modified only with the written consent of Executive
and the Board of Directors of Company. No oral waiver, amendment or modification
will be effective under any circumstances whatsoever.

<PAGE>

                            [SIGNATURE PAGES FOLLOW]

<PAGE>

THE PARTIES TO THIS AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY
UNDERSTAND EACH AND EVERY PROVISION CONTAINED HEREIN. WHEREFORE, THE PARTIES
HAVE EXECUTED THIS AGREEMENT ON THE DATES SHOWN BELOW.

                                            CHARLES SCHEMBRA

Dated:
       -----------------------------        ------------------------------------
                                            3409 Cook Street
                                            Rocklin, CA  95765

                                            AMERICAN ENERGY POWER SYSTEMS INC.

Dated:                                      By:
       -----------------------------        ------------------------------------
                                            Shirley Morgan
                                            Chief Executive Officer

                                            10388 Rockingham Drive
                                            Sacramento, CA  95827

             ***SIGNATURE PAGE TO EXECUTIVE EMPLOYMENT AGREEMENT***

<PAGE>

                                    EXHIBIT A

        EMPLOYEE INNOVATIONS AND PROPRIETARY RIGHTS ASSIGNMENT AGREEMENT

                                   [attached]

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