Document:

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                                                                    EXHIBIT 10.1

                           LIMITED RECOURSE GUARANTY

         THIS LIMITED RECOURSE GUARANTY ("Guaranty"), dated as of July 31, 2002,
is made by Intellect Capital Group, LLC with an address 11111 Santa Monica Blvd,
Suite 650 Los Angeles CA 90025 (the "Guarantor") in favor of MOONLIGHT HOLDINGS
LTD. (the "Initial Holder" and together with the Initial Holder's permitted
assigns and successors, the "Holders").

         Reference is made to (i) the Financing Agreement dated of even date
herewith to which the initial Holders and BRIGHTCUBE, INC., a Nevada corporation
(the "Obligor") are parties (the "Financing Agreement"), (ii) the Series 2002-01
10% Notes in an aggregate amount of $100,000 dated of even date herewith, (the
"Notes") that Obligor has issued to the Holders as contemplated by the Financing
Agreement, and (iii) the Stock Pledge Agreement, dated of even date herewith
(the "Pledge Agreement"), pursuant to which the Guarantor has pledged to the
Holders an aggregate of 2225,000 share of Common Stock of the Obligor owned of
record and beneficially by the Guarantor (the "Pledged Stock") as partial
collateral to secure payment and performance of the "Secured Obligations"
described below.

         Unless otherwise defined herein, all capitialized terms, when used
herein shall have the same meaning as is defined in the Financing Agreement. In
order to induce the Holders to enter into the Financing Agreement and to provide
an aggregate of $100,000 to the Obligor, as evidenced by the Notes, the
undersigned Guarantor has agreed to execute and deliver this Guaranty to the
Holders. The Guarantor is a senior executive officer and director of the
Obligor.

         The Guarantor hereby irrevocably and unconditionally guaranties to the
Holders, to the extent hereinafter set forth, the full and timely performance by
the Obligor of the Secured Obligations (as defined below). The term "Secured
Obligations" means each of the Obligor's covenants, agreements, and obligations
under the Financing Agreement and the other Related Agreements, including but
not limited to the Obligor's obligations under the Note and the Registration
Rights Agreement. Except for the Pledged Stock, no other personal assets of the
Guarantor shall be subject to the claims of the Holder or any other person, firm
or corporation under this Guaranty.

         This is an absolute, irrevocable and unconditional guaranty of payment
and performance and not merely of collection and the Guarantor shall be jointly
and severally liable with the Obligor. In furtherance hereof, the Guarantor does
hereby acknowledges and confirms that the Secured Obligations are intended to
and will confer significant benefit upon the Guarantor.

         1.   Notwithstanding any payment(s) made by the Guarantor hereunder,
but without prejudice to the Guarantor's rights as a creditor of the Obligor,
the Guarantor shall in no event be entitled to be subrogated to any of the
rights of the Holder against the Obligor unless and until all Secured
Obligations shall have been paid in full or otherwise fulfilled; and the
Guarantor shall in no event seek any contribution or reimbursement from the
Obligor in respect of any payment(s) made by or received in respect of the
Guarantor hereunder, unless and until all of the Secured Obligations shall have
been paid in full or otherwise fulfilled.

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         2. The Guarantors hereby acknowledges and agrees that the validity of
this Guaranty and the Guarantors's obligations hereunder shall in no way be
terminated, modified, affected, impaired, or diminished by reason of any of

         (i)   any failure by the Holders (or any of them) to insist in any one
         or more instances upon strict performance or observance by the Obligor
         of any of the terms, provisions or conditions of the Financing
         Agreement, the Note or any of the other Related Agreements,

         (ii)  any assertion or non-assertion by the Holders (or any of them)
         against the Obligor of any of the rights or remedies reserved to the
         Holders in the Financing Agreement, the Note or any of the other
         Related Agreements,

         (iii) any forbearance by the Holders (or any of them) from exercising
         any of its rights or remedies as aforesaid,

         (iv)  any bankruptcy, insolvency, receivership, reorganization,
         liquidation or other similar proceeding relating to the Obligor,

         (v)   any relief of the Obligor and/or the Guarantor from any of its
         obligations under any of the Financing Agreement, any of the Notes or
         any of the other Related Agreements, by operation of law, in equity or
         otherwise,

         (vi)  any amendment, modification, extension, renewal, termination,
         compromise or waiver under or in respect of the Financing Agreement,
         any of the Notes or any of the other Related Agreements, or

         (vii) any transfer, assignment or negotiation of any of the Notes or
         this Guaranty.

Except for any required demand in respect of payment hereunder, the Guarantor
hereby waives any and all notice, demand, presentment, protest and other such
privilege or formality, and all notice in respect of the creation, renewal,
extension or accrual of any Secured Obligations. The Guarantor represents and
warrants to the Holders that: this Guaranty has been duly executed and delivered
by the Guarantor, constitutes the legal, valid and binding obligation of the
Guarantor, and is enforeceable against the Guarantor in accordance with its
terms; the Guarantor has full capacity and power to execute and deliver this
Guaranty; and the execution and delivery by the Guarantors of this Guaranty and
the performance by the Guarantor of the Guarantor's obligations hereunder, does
not violate, or conflict with, any agreement, instrument, note, judgment, order
or decree binding on the Guarantor or under any law, rule or regulation
applicable to the Guarantor, which violation or conflict would have a material
and adverse effect on the Guarantor's ability to perform the Guarantor's
obligations under this Guaranty.

         3. In the event of the death of either of the Guarantors, this Guaranty
shall automatically terminate and shall be of no further force or effect as to
the deceased Guarantor, and shall not be binding upon the heirs, executors,
administrators, representatives, successors and assigns of the deceased
Guarantor; provided, that the death of a Guarantor shall not adversely affect
the rights of the Holder to enforce all of its rights and remedies under the
Pledge Agreement with respect to the Pledged Stock. Except as aforesaid, this
Guaranty shall inure to the benefit of the Holders and their successors and
assigns.

         4. Subject to applicable statutes of limitations, no delay on the part
of any of the Holders in exercising any rights hereunder, or any failure by any
of the Holders to exercise any

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such rights, shall operate as a waiver of any such rights for any purposes, it
being understood that, subject to applicable statutes of limitations, the
Holders may exercise any and all of his rights hereunder at any time and from
time to time pursuant to the terms hereof.

         5. Except as otherwise provided herein, this Guaranty may not be
terminated, modified or amended except by a writing duly executed by Holders of
Notes representing a majority of the Secured Obligations and each of the
Guarantors.

         6. This Agreement shall be governed by and construed in accordance with
the laws of the State of New York. Each of the parties consents to the
jurisdiction of the federal courts whose districts encompass any part of the
City of New York or the state courts of the State of New York sitting in the
City of New York in connection with any dispute arising under this Agreement and
hereby waives, to the maximum extent permitted by law, any objection, including
any objection based on forum non coveniens, to the bringing of any such
proceeding in such jurisdictions.

         7. In the event that the Holders shall, after default by the Guarantor
of any of the Guarantor's obligations hereunder, place this Guaranty in the
hands of any attorney for enforcement and/or collection, the Guarantor shall pay
to the Holders reasonable attorneys' fees together with all other reasonable
costs and expenses of enforcement and collection.

         8. This Guaranty may be executed in any number of counterparts, each of
which shall be deemed an original but all of which together shall constitute one
and the same instrument.

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         IN WITNESS WHEREOF, the undersigned Guarantor, intending to be legally
bound hereby, has executed this Guaranty as of the date set forth above.

                          INTELLECT CAPITAL GROUP, LLC

                          /s/ Terren S. Peizer
                          -----------------------------
                          By:  Terren S. Peizer
                          Its:

ACCEPTED AND AGREED TO:
MOONLIGHT HOLDINGS LTD.

By:_______________________
Initial Holder<PAGE>

                                                                    EXHIBIT 10.2

                             STOCK PLEDGE AGREEMENT

     STOCK PLEDGE AGREEMENT ("Agreement") entered into as of the 31st day of
July, 2002, by and among MOONLIGHT HOLDINGS LTD. (the "Secured Party"),
BRIGHTCUBE, INC., a Nevada corporation having its principal executive offices at
240 Center Street, El Segundo, CA 90245 ("Company") and Intellect Capital Group,
LLC (the "Pledgor").

                                    RECITALS

     A. Pledgor has agreed to pledge certain Company shares as security for (i)
the performance by the Company of its obligations under its Series 2002-01 10%
Notes in an aggregate principal amount of One Hundred Thousand and 00/100
Dollars ($100,000.00) payable to the Secured Party (the "Notes"); (ii) the
performance by the Company of its obligations, covenants, and agreements under
the Financing Agreement, of even date herewith (the "Financing Agreement")
between the Company and the Secured Party as well as the Related Agreements (as
that term is defined in the Financing Agreement), and (iii) the performance by
the Pledgor under the Limited Recourse Guaranty executed by the Pledgor in favor
of the Secured Party (the "Guaranty"). Capitalized terms in this Agreement which
are not identified herein will have the meanings given such terms in the
Financing Agreement.

     B. The Secured Party is willing to enter into the Financing Agreement and
the other Related Agreements and to accept the Notes from the Company only upon
receiving Pledgor's guaranty and pledge of certain stock of the Company, as set
forth in this Agreement.

     NOW, THEREFORE, in consideration of the premises, the mutual covenants and
conditions contained herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

     1. Grant of Security Interest. Pledgor hereby pledges to the Secured Party
as collateral and security for the Obligator's performance of the Aggregate
Secured Obligations (as defined below) all of the shares of Common Stock set
forth on the attached Schedule 1 of this Agreement (the "Pledged Shares").
Unless otherwise set forth on Schedule 1 of this Agreement, the Pledgor is the
beneficial and record owner of the Pledged Shares set forth on such Schedule.
Such Pledged Shares, together with any substitutes therefor, or proceeds
thereof, are hereinafter to collectively as the "Collateral."

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     2.   Obligations Secured. During the term hereof, the Collateral shall
secure the following:

          (i)    the Secured Obligations (as defined in the Guaranty) and

          (ii)   the obligations of the Pledgor of the Pledgor's obligations,
          covenants, and agreements under the Guaranty.

The obligations, covenants and agreements described in clauses (a) and (b) are
the "Aggregate Secured Obligations."

     3.   Perfection of Security Interest. Upon execution of this Agreement by
the Pledgor, the Pledgor shall deliver and transfer possession of the stock
certificates representing the Pledged Shares (the "Certificates"), together with
stock transfer powers duly executed in blank by the registered owner of the
shares represented by such Certificates, with appropriate Medallion signature
guaranty ("Stock Powers"), to the Secured Party to be held by Krieger & Prager
LLP as agent for the Secured Party, or other manually acceptable third party
until the earlier of

     (i)    the termination of this Agreement or

     (ii)   foreclosure of Secured Party's security interests as provided
     herein.

The Pledgor hereby appoints Krieger & Prager LLP as attorney-in-fact to execute
all documents and perform all acts as Secured Party may reasonably request in
order to perfect and maintain a valid security interest in the Collateral for
Secured Party.

     4.   Assignment. Only in connection with the transfer of the Notes in
accordance with their terms, a Secured Party may assign or transfer the whole or
any part of its security interest granted hereunder, and may transfer as
collateral security the whole or any part of Secured Party's security interest
in the Collateral. Any transferee of the Collateral shall be vested with all of
the rights and powers of Secured Party hereunder with respect to the Collateral.

     5.   Pledgor's Warranty. The Pledgor represents and warrants hereby to the
Secured Party as follows with respect to the Pledged Shares:

          A.     Title: (i) that upon transfer by Pledgor of the Pledgor's
Certificates and Stock Powers to Secured Party pursuant to this Agreement at
such time, if any, as the occurrence of a default in any of the Aggregate
Secured Obligations, including, but not limited to an Event of Default by the
Company under the Financing Agreement, the Notes or any of the other Related
Agreements, the Secured Party will have good title (both record and beneficial)
to the Pledged Shares;

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                     (ii)  that there are no restrictions upon transfer and
pledge of the Pledged Shares pursuant to the provisions of this Agreement except
the restrictions imposed by Rule 144 under the Securities Act of 1933;

                     (iii) that the Pledged Shares are free and clear of any
encumbrances of every nature whatsoever, such Pledgor is the sole owner of the
Pledged Shares, and such shares are duly authorized, validly issued, fully paid
and non-assessable, and

                     (iv)  that such Pledgor has owned the Pledged Shares since
the date specified on Schedule 1 to this Agreement, and

          B.   Other: (i)  that Pledgor has made necessary inquiries of the
Company and believes that the Company fully intends to fulfill and has the
capability of fulfilling the Secured Obligations to be performed by the Company
in accordance with the terms of the Notes, the Financing Agreements, and the
other Related Agreements,

                     (ii)  that Pledgor is not acting, and has not agreed to
act, in any plan to sell or dispose of the pledged shares in a manner intended
to circumvent the registration requirements of the Securities Act of 1933, as
amended, or any applicable state law,

                     (iii) that Pledgor has been advised by counsel of the
elements of a bona-fide pledge for purposes of Rule 144(d)(3)(iv) under the
Securities Act of 1933, as amended, including the relevant Securities and
Exchange Commission ("SEC") interpretations and affirms that the pledge of
shares by the Pledgor pursuant to this Pledge Agreement will constitute a
bona-fide pledge of such shares for purposes of such Rule, and

                     (iv)  that this Agreement constitutes a legal, valid and
binding obligation of Pledgor enforceable in accordance with its terms (except
as the enforcement thereof may be limited by bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium, and similar laws, now or hereafter in
effect).

     6.   Pledgor's Covenant. Pledgor agrees not to grant or create, any
security interest, claim, lien, pledge or other encumbrance with respect to such
Pledgor's Pledged Shares or attempt to sell, transfer or otherwise dispose of
any of such shares until the Aggregate Secured Obligations have been paid in
full or otherwise fully performed.

     7.   Collection of Dividends and Interest. During the term of this
Agreement and so long as the Company is not in default under any of the Secured
Obligations and so long as Pledgor is not in default hereunder, Pledgor is
authorized to collect all

<PAGE>

    dividends, distributions, interest payments, and other amounts that may be,
    or may become, due on any of the Collateral.

         8.    Voting Rights. During the term of this Agreement and until such
    time as this Agreement has terminated or Secured Party has exercised its
    rights under this Agreement to foreclose its security interest in the
    Collateral, Pledgor shall have the right to exercise any voting rights
    evidenced by, or relating to, the Collateral.

         9.    Warrants and Options. In the event that, during the term of this
    Agreement, subscription, warrants, dividends, or any other rights or option
    shall be issued in connection with the Collateral, such warrants, dividends,
    rights and options shall be immediately delivered to Secured Party to be
    held under the terms hereof in the same manner as the Collateral.

         10.   Preservation of the Value of the Collateral and Reimbursement of
    Secured Party. Pledgor shall pay all taxes, charges, and assessments against
    the Collateral and do all acts necessary to preserve and maintain the value
    thereof. On failure of Pledgor so to do, Secured Party may make such
    payments on account thereof as (in Secured Party's discretion) is deemed
    desirable, and Pledgor shall reimburse Secured Party immediately on demand
    for any and all such payments expended by Secured Party in enforcing,
    collecting, and exercising its remedies hereunder.

         11.   Default and Remedies.

               (a)   For purposes of this Agreement, "Event of Default" shall
                     mean
                     (i)    default in the performance by the Company or the
                            Pledgor of any of the Aggregate Secured Obligations
                            after the expiration, if such default is capable of
                            being cured, without cure following the expiration
                            of any applicable cure period, and if not so capable
                            of being cured, immediately; and

                     (ii)   a breach by a Pledgor of any of his representations,
                            warrants, covenants or agreements in this Agreement.

(b) During the term of this Agreement, the Secured Party shall have the
    following rights after any Event of Default and for so long as the Aggregate
    Secured Obligations are not satisfied in full:

    the rights and remedies provided by the Uniform Commercial Code as adopted
    by the State of New York (as said law may at any time be amended), except
    that the Secured Party waives any right to deficiency pursuant to Section
    9-608 thereof or otherwise;

    the right to receive and retain all dividends, payments and other
    distributions of any kind upon any or all of the Pledged Shares as
    additional Collateral;

<PAGE>

the right to cause any or all of the Pledged Shares and all additional
Collateral to be transferred to its own name and have such transfer recorded in
any place or places deemed appropriate by Secured Party; and

the right to sell, at a public or private sale, the Collateral or any part
thereof for cash, upon credit or for future delivery, and at such price or
prices in accordance with the Uniform Commercial Code (as such law may be
amended from time to time) and any applicable state and federal securities laws.

Upon and such sale contemplated by the preceding provisions, Secured Party shall
have the right to deliver, assign and transfer to the purchaser thereof the
Collateral so sold. Secured Party shall give the Pledgor not less than ten (10)
days written notice of its intention to make any such sale. Any such sale shall
be held at such time or times during ordinary business hours and at such place
or places as Secured Party may fix in the notice of such sale. Secured Party may
adjourn or cancel any sale or cause the same to be adjourned from time to time
by announcement at the time and place fixed for the sale, and such sale may be
made at any time or place to which the same may be so adjourned. In case of any
sale of all or any part of the Collateral upon terms calling for payments in the
future, any Collateral so sold may be retained by Secured Party until the
selling price is paid by the purchaser thereof, but Secured Party shall incur no
liability in the case of the failure of such purchaser to take up and pay for
the Collateral so sold and, in the case of such failure, such Collateral may
again be sold upon like notice. Secured Party, however, instead of exercising
the power of sale herein conferred upon it, may proceed by a suit or suits at
law or in equity to foreclose the security interest and sell the Collateral, or
any portion thereof, under a judgment or decree of a court or courts of
competent jurisdiction, the Pledgor having been given due notice of all such
action. Secured Party shall incur no liability as a result of a sale of the
Collateral or any part thereof.

         (c) Should the Secured Party exercise the rights set forth in clauses
(b)(ii) or (b)(iii) of this Section 11, the Secured Party so acting shall assign
to the Pledgor all of the rights and benefits of such Secured Party under the
Notes, the Financing Agreements, and the other Related Agreements; provided,
however, that the Secured Party shall make such assignment to the Pledgor
without recourse.

     12. Waiver. Pledgor waives any right that it may have to require Secured
Party to proceed against any other person, or proceed against or exhaust any
other security, or pursue any other remedy Secured Party may have.

     13. Term of Agreement. This Agreement shall continue in full force and
effect until all of the Aggregate Secured Obligations shall have been paid in
full or otherwise satisfied and the security interests are thereby released.
Upon termination of this Agreement, the Collateral shall be returned within five
(5) Business Days to Pledgor or counsel for the Company.

<PAGE>

         14. Company Acknowledgment, Representation and Agreement. The Company
acknowledges the terms of this Agreement and the pledge of the Pledged Shares
created thereby. The Company represents and warrants to the Secured Party that
the Pledged Shares are duly authorized, validly issued, fully paid and
non-assessable and that it will not permit the transfer of the Pledged Shares
except in accordance with this Agreement while the same is in effect.

         15. General Provisions:

             15.1 Binding Agreement. This Agreement shall be binding upon and
shall inure to the benefit of the successors and assigns of the respective
parties hereto.

             15.2 Captions. The headings used in this Agreement are inserted for
reference purposes only and shall not be deemed to define, limit, extend,
describe, or affect in any way the meaning, scope or interpretation of any of
the terms or provisions of this Agreement or the intent hereof.

             15.3 Counterparts. This Agreement may be signed in any number of
counterparts with the same effect as if the signatures upon any counterpart
were upon the same instrument. All signed counterparts shall be deemed to be one
original. This Agreement, once executed by a party, may be delivered to the
other parties hereto by telephone line facsimile transmission of a copy of this
Agreement bearing the signature of the parties so delivering this Agreement. A
facsimile transmission of this signed Agreement shall be legal and binding on
all parties hereto.

             15.4 Further Assurances. The parties hereto agree that, from time
to time upon the written request of any party hereto, they will execute and
deliver such further documents and do such other acts and things as such party
may reasonably request in order fully to effect the purposes of this Agreement.
The Transfer Agent Instructions annexed hereto are deemed an integral part of
this Agreement.

             15.5 Waiver of Breach. Any waiver by either party of any breach of
any kind or character whatsoever by the other, whether such be direct or
implied, shall not be construed as a continuing waiver of or consent to any
subsequent breach of this Agreement.

             15.6 Cumulative Remedies. The rights and remedies of the parties
hereto shall be construed cumulatively, and none of such rights and remedies
shall be exclusive of, or in lieu or limitation of any other right, remedy, or
priority allowed by applicable law.

<PAGE>

         13.7  Amendment. This Agreement may be modified only in a written
document that refers to this Agreement and is executed by Secured Party, the
Pledgor and the Company.

         15.8  Interpretation. This Agreement shall be interpreted, construed,
and enforced according to the substantive laws of the State of New York.

         15.9  Governing Law. This Agreement shall be governed by and construed
in accordance with the laws of the State of New York. Each of the parties
consents to the jurisdiction of the federal courts whose districts encompass any
part of the City of New York or the state courts of the State of New York
sitting in the City of New York in connection with any dispute arising under
this Agreement and hereby waives, to the maximum extent permitted by law, any
objection, including any objection based on forum non conveniens, to the
bringing of any such proceeding in such jurisdictions.

         15.10 Notice. Any notice or other communication required or permitted
to be given hereunder shall be effective upon receipt. Such notices may be sent
(i) in the United States mail, postage prepaid and certified, (ii) by express
courier with receipt, (iii) by facsimile transmission, with a copy subsequently
delivered as in (i) or (ii) above. Any such notice shall be addressed or
transmitted as follows:

     If to Pledgor:

     Intellect Capital Group, LLC

     Tel:   -  -
     Fax:   -  -

     If to Secured Party:

                       Moonlight Holdings, Ltd.

     With copies to:   Samuel M. Krieger, Esq.
                       Krieger & Prager LLP
                       39 Broadway, Suite 1440
                       New York, New York 10006
                       Telephone No.: (212) 363-2900
                       Telecopier No.: (212) 363-2999

<PAGE>

or such other address as may be designated in writing hereafter, in the same
manner, by such Person.

         15.11 Acknowledgement by Pledgor. In the event that any provision of
the Financing Agreement, the Notes, any of the other Related Agreements or this
Agreement as applied to any party or circumstances shall be adjudged by a court
to be invalid or unenforceable, Pledgor acknowledges and agree that this
Agreement shall remain valid and enforceable in all respects against Pledgor.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK. THE SIGNATURES OF THE
PARTIES ARE ON THE NEXT PAGE.]

<PAGE>

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the day,
month and year first above written.

      SECURED PARTY:
      MOONLIGHT HOLDINGS LTD.

      By /s/ H.A Simmons
         -----------------------------
         H.A Simmons on behalf of
         GRETTON SECRETARIAL SERVICES LTD
         Director of MOONLIGHT HOLDINGS LTD

      COMPANY:
      BRIGHTCUBE. INC.

      By: /s/ Eric Howard
         ----------------
         Eric Howard, Chief Financial Officer

      PLEDGOR:

      INTELLECT CAPITAL GROUP, LLC

      /s/ Terren S. Peizer
      --------------------
      By: Terren S. Peizer
      Its:

<PAGE>

                                   SCHEDULE 1

     The following shares are pledged hereunder as the Pledged Shares, each
certificate in the name of:

Holder's Name          Certificate No.          No. of Shares          Date of
                                      Acquisition

Intellect Capital Group, LLC

1. 2,000,000
2.   225,000

                       Total                    2,225,000 shares

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