Document:

Exhibit 10.1

                          Business Consultant Contract

This agreement dated December 31, 2001 is made By and Between Loafer Peak, LLC
whose address is 568 S. Oak Dr., Woodland Hills, Utah 84653 referred to as
"Consultant", AND Electric Aquagencis Unlimited, Inc. (EAU) whose address is
1464 W. 40 S., Suite 200, Lindon, Utah 84042 referred to as "Company."

1. Consultation Services. The company hereby employs the consultant to perform
the following services in accordance with the terms and conditions set forth in
this agreement: The consultant will consult with the officers and employees of
the company concerning matters relating to the management and organization of
the company, their public relations, financial policies and strategies,
marketing and growth plans and policies, testing and regulatory issues regarding
the Company's products, patents, licenses and other related issues and the terms
and conditions of employment, and generally any matter arising out of the
business affairs of the company.

2. Terms of Agreement. This agreement will begin December 31, 2001 and will end
December 31, 2002, or until otherwise terminated as herein set forth. Either
party may cancel this agreement on thirty (30) days notice to the other party in
writing, by certified mail or personal delivery.

3. Time Devoted by Consultant. It is anticipated the consultant will spend
approximately 70% of its time in fulfilling its obligations under this contract.
The particular amount of time may vary from day to day or week to week. However,
the consultant shall devote a minimum of 112 hours per month to its duties in
accordance with this agreement.

4. Place Where Services Will Be Rendered. The consultant will perform most
services in accordance with this contract at the Company's offices or at the
Consultants place of business. In addition the consultant will perform services
on the telephone and at such other places as designated by the company to
perform these services in accordance with this agreement.

5. Payment to Consultant. The consultant will be paid at the rate of $5,000.00
per month for work performed in accordance with this agreement. The consultant
will submit an itemized statement setting forth the time spent and services
rendered, and the company will pay the consultant the amounts due as indicated
by statements submitted by the consultant within ten (10) days of receipt.

<PAGE>

6. Independent Contractor. Both the company and the consultant agree that the
consultant will act as an independent contractor in the performance of its
duties under this contract. Accordingly, the consultant shall be responsible for
payment of all taxes including Federal, State and local taxes arising out of the
consultant's activities in accordance with this contract, including by way of
illustration but not limitation, Federal and State income tax, Social Security
tax, Unemployment Insurance taxes, and any other taxes or business license fee
as required.

7. Confidential Information. The consultant agrees that any information received
by the consultant during any furtherance of the consultant's obligations in
accordance with this contract, which concerns the personal, financial or other
affairs of the company will be treated by the consultant in full confidence and
will not be revealed to any other persons, firms or organizations.

8. Employment of Others. The company may from time to time request that the
consultant arrange for the services of others. All costs to the consultant for
those services will be paid by the company but in no event shall the consultant
employ others without the prior authorization of the company.

9. Signatures. Both the company and the consultant agree to the above contract.

Witnessed by:

COMPANY

Electric Aquagenics Unlimited, Inc.

By:
   ------------------------------

CONSULTANT

Loafer Peak, LLC

By:   /s/ Gaylord Karren
     ------------------------------
     Gaylord Karren, Member

                                       2Exhibit 10.2

                              EXCLUSIVITY AGREEMENT

This agreement is made and entered into this 7th day of March, 2001, by and
between Electric Aquagenics Unlimited, Inc. (EAU) whose address is 1464 W. 40
S., Suite 200, Lindon, Utah 84042 and H20 Aqua Care Franchising Systems, Inc.
(ACFS) whose offices are located at 1464 W. 40 S., Suite 100, Lindon, Utah
84042.

WHEREAS, EAU has developed certain proprietary technology pertaining to
electrolyzed oxidative water, a part of which was developed for the express
purpose of providing non-toxic and anti-bacterial properties for emulsification
of oils and lipids and greases in conjunction with cleaning soft and hard floor
covering surfaces, and;

WHEREAS, ACFS is a Licensor of proprietary carpet and hard surfaces cleaning
technology which they license or franchise or otherwise permit third parties to
use under strict licensing or franchising agreements, a part of which employs
the use of EAU's water technology created from EAU's generators, called
Primacide B, and;

WHEREAS, both parties are desirous to market the EAU water technology and ACFS
is desirous to require all said licensees or franchisees to use the Primacide B
water in the cleaning process as defined in the licensing and/or franchising
agreements,

THEREFORE, both parties agree as follows:

         1) That EAU hereby grants to ACFS a five (5) year exlusive right, to
            include as a requirement of service by a licensee or a franchise,
            for the said licensee or franchisee to lease a Primacide generator,
            in order to produce Primacide B, to be used in the cleaning
            processes as required by the license or franchise agreement.

         2) EAU agrees that it will not, for the said exclusive period, sell,
            lease or assign or in any way permit any other carpet or hard
            surface cleaning company to make, use or acquire in any way a
            generator or the Primacide B from another generator in the carpet or
            hard surface flooring industry.

         3) ACFS agrees that it will not acquire, lease, use, rent or permit any
            of its licensees or franchisees to lease, rent, acquire or use any
            other machine or equipment which produces electrolyzed oxidative
            water in any form or quality.

         4) Both parties agree that EAU will lease the Primacide generators
            directly to the licensee or franchisee and shall be responsible for
            installing, maintaining and servicing the generators as warranty
            agreements allow and will not require, nor permit ACFS to perform
            any of these functions.

         5) EAU will not be responsible to provide financing for any of the
            lease arrangement. ACFS will make it expressly clear in its
            solicitation of candidates for licensees or franchisees that each
            said candidate is required to obtain a Primacide generator and that
            each candidate must arrange for its own financing of the generator
            directly from EAU.

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         6) ACFS agrees and will further document to the licensee or franchisee
            that they will not own the generator after the lease expires. The
            third party financing the units will have temporary title during the
            lease period. Upon termination of the lease, the title and equipment
            must be returned to EAU and a new generator will be leased to the
            licensee or franchisee for another operating period.

         7) There will be no minimum purchase requirements for the first 5-year
            term of the exclusive agreement. ACFS will agree to document in
            their initial solicitations of possible candidates that the EAU
            generator will cost approximately $25,000 for the P-5000 generator.
            Discount considerations are only valid when negotiated and agreed
            upon by EAU and not by any representations from ACFS
            representatives.

This constitutes the entire agreement and any changes to this agreement shall be
made in writing and acknowledged by both parties in writing. This agreement
shall be construed and interpreted under the laws of the State of Utah.

Should either party breach this agreement the plaintiff party shall be required
to notify the other party in writing with a 30-day remedy notice. If the breach
is not corrected in the 30-day period, the aggrieved party shall pursue all
legal remedies available under the law, including attorney's fees.

Signed and agreed to on the above date by and between:

H20 Aqua Care Franchising Systems, Inc.      Electric Aquagenics Unlimited, Inc.

By: /s/ John Hopkins                         By:  /s/ Gaylord Karren
   ---------------------------------             ------------------------------
   John Hopkins, President                        Gaylord Karren, CEO

                                       2Exhibit 10.3

                                 PROMISSORY NOTE

$211,000                                                        December 3, 2001
                                                                     Provo, Utah

         FOR VALUE RECEIVED, the undersigned, Electric Aquagenics Unlimited,
Inc. a Delaware corporation ("Maker"), promises to pay to the order of Red Rock
Bridge Fund, LLC, a Nevada limited liability company, and its successors and
assigns ("Holder"), at such place within the United States as Holder may
designate to Maker in writing from time to time, the principal sum of TWO
HUNDRED ELEVEN THOUSAND DOLLARS ($211,000), together with interest thereon from
the date of disbursement until paid and other amounts as provided herein.

         1. Interest and Payments.

                  1.1. Interest Rate. Maker promises to pay interest from and
including December 3, 2001 through and including the Maturity Date, as defined
below, on the unpaid principal balance of this Note at the rate of twelve
percent (12.00%) compounded annually (the "Note Rate"). Upon the occurrence of
an event of default under this Note, the unpaid principal amount shall
immediately and without notice bear interest at the per annum rate of 5% plus
the Note Rate. The Maturity Date for purposes of this Note shall be June 3,
2002, unless this Note is converted into Maker Stock of Maker as provided below,
in which case the Maturity Date shall be the effective date of such conversion.
The time period beginning on the date first set forth above and ending on the
Maturity Date is referred to herein as the term hereof.

                  1.2. Interest Payments. Interest accruing hereon shall be paid
on or before the Maturity Date. Any unpaid interest shall be added to the
principal balance on the date such interest is due and shall be subject to the
interest rate set out in Paragraph 1.1.

                  1.3. Origination Fee. Maker shall pay to Holder an origination
fee of 5% ($10,550) upon execution of this Note.

                   1.4. Principal Repayment. The principal amount of this Note
shall be due and payable in full in a lump sum payment on the Maturity Date
unless this Note is converted into Maker Stock of Maker as provided below, in
which case the conversion shall be deemed to constitute payment in full of all
principal and interest owed Holder under this Note without any further payment
or action by Maker. To the extent that all other amounts owed Maker under this
Note have not been paid in full or deemed paid in full by the Maturity Date, all
such other amounts owed hereunder shall also be due and payable on the Maturity
Date, without necessity of Holder's making demand therefor. Notwithstanding the
foregoing and upon the written approval of Holder, Maker may extend principal
repayment for up to two consecutive three month periods in exchange for the
issuance by Maker of an additional 52,750 shares of Maker's common stock, per
three month extension, at the price of $0.01 per share. The interest rate set
out in Paragraph 1.1. shall continue during the three month extension(s).

                                       1
<PAGE>

                   1.5. Conversion to Maker Stock. At any time after the date
hereof until the Maturity Date, this Note shall, at the election of Holder, be
convertible, pro rata, into all classes of Maker's Preferred Stock and Common
Stock ("Maker Stock"). If the Holder elects to exercise its option to convert
this Note to Maker Stock, Holder shall provide written notice of its election to
Maker, and shall surrender this Note to Maker. Maker shall then immediately
convert the outstanding principal amount of this Note (together with all accrued
and unpaid interest) at the rate of $1.00 per share of Maker Stock. Such shares
of Maker Stock shall be duly and validly issued, fully paid and nonassessable
and shall have the same rights and preferences as those of the other purchasers
of the Maker Stock of Maker.

                  1.6. Place and Time of Payment. All payments specified herein
shall be deemed made when actually received by Holder. All payments shall be
made to Holder 1464 W. 40 S. Suite #100, Lindon, UT 84042-1629, and shall be
made without offset and without prior notice or demand.

                  1.7. Form and Application of Payments. Payments shall be in
lawful money of the United States of America and when received by Holder shall
be applied first to cost or fees incurred in the collection of this note, second
to accrued interest, third upon the portion of the principal balance then dues,
if any, and fourth as a principal payment.

                  1.8. Prepayment. Subject to Holder's unilateral right to
convert the principal and interest of this Note into Maker Stock, this Note may
be prepaid in whole or in part at any time or from time to time without premium
or penalty.

         2. Default. Time is of the essence of this Note. A default shall occur
if:

                  2.1. Failure to Make Payments. Maker fails to make any payment
under this Note on the date due.

                  2.2. Other Failures. Maker fails to perform any other
obligation contained in this Note or breaches any covenant contained in any
instrument securing payment hereof within ten days after notice from Holder
specifying the nature of the default.

                   2.3. Bankruptcy. Maker becomes insolvent, a receiver is
appointed to take possession of all or a substantial part of Maker's properties,
Maker makes an assignment for the benefit of creditors or files a voluntary
petition in bankruptcy or Maker is the subject of an involuntary petition in
bankruptcy that is not dismissed within 60 days. For purposes of this Section
2.3, the term "Maker," as used herein, shall be deemed to include each person or
entity who is a maker, co-maker or guarantor of this Note, and (c) if this Note
is secured by a pledge of any other obligation, the term "Maker," as used
herein, includes any party obligated on such other promissory note or other
obligation or any guaranty or letter of assurances in connection therewith.

         3. Remedies. In the event of a default, Holder, at its option, may take
any one or more of the following steps:

                                       2
<PAGE>

                  3.1. Acceleration. Declare the entire unpaid principal balance
of the debt evidenced hereby, and all interest on such debt and all other costs
and expenses evidenced hereby, to be immediately due and payable,
notwithstanding any other provision hereof.

                   3.2. Other Remedies. Pursue any other right or remedy
provided herein or in any other agreements between Maker and Holder or otherwise
allowed by law. Holder may pursue any such rights or remedies singly, together
or successively. Exercise of any such right or remedy shall not be deemed an
election of remedies. Failure to exercise any right or remedy shall not be
deemed a waiver of any existing or subsequent default nor a waiver of any such
right or remedy.

         4. Attorney Fees and Collection Costs. In the event of any default
under this Note, or in the event that any dispute arises relating to the
interpretation, enforcement or performance of this Note, holder shall be
entitled to collect from Maker on demand all fees and expenses incurred in
connection therewith, including but not limited to fees of attorneys,
accountants, appraisers, environmental inspectors, consultants, expert
witnesses, arbitrators, mediators and court reporters. Without limiting the
generality of the foregoing, Maker shall pay all such costs and expenses
incurred in connection with: (a) arbitration or other alternative dispute
resolution proceedings, trial court actions and appeals; (b) bankruptcy or other
insolvency proceedings of Maker, any guarantor or other party liable for any of
the obligations of this Note or any party having any interest in any security
for any of the those obligations; (c) judicial or nonjudicial foreclosure on, or
appointment of a receiver for, any property securing this Note; (d)
post-judgment collection proceedings; (e) claims, counterclaims, cross-claims
and defenses asserted in any of the foregoing whether or not they arise out of
or are related to this Note or any security for this Note; (f) all preparation
for any of the foregoing; and (g) all settlement negotiations with respect to
any of the foregoing.

         5. Governing Law, Severability.

                  5.1. Governing Law. This Note has been executed under and
shall be construed and enforced in accordance with the laws of the State of
Utah.

                  5.2. Severability. If any provision of this Note is found by a
court of competent jurisdiction to be invalid or unenforceable as written, then
the parties intend and desire that (a) such provision be enforceable to the full
extent permitted by law and (b) the invalidity or unenforceability of such
provision shall not affect the validity and enforceability of the remainder of
this Note.

         6. Amendment. This Note may not be amended, modified or changed, nor
shall any provision hereof be deemed waived, except only by an instrument in
writing signed by the party against whom enforcement of any such waiver,
amendment, change or modification is sought.

         7. Waivers: Joint and Several Liability. Maker and all other persons
liable on this Note, without affecting their liability hereunder, hereby (a)
waive diligence, presentment, protest and demand, (b) waive notice of protest,
of demand, of nonpayment, of dishonor and of maturity and (c) consent to any
extension or alteration of the time or terms of payment hereof, any and all

                                       3
<PAGE>

renewals, extensions or modifications of the terms hereof, any release of all or
any part of any security that may be given for the payment hereof, any
acceptance of additional security of any kind and any release of or resort to
any party liable for payment hereof, any of which may be made without notice to
any of said parties. All such parties agree that they each shall be jointly and
severally liable for full payment of this Note and agree to pay the full amount
of the principal and interest of the indebtedness evidenced hereby. Unless and
to the extent otherwise limited by the express terms of this Note and agree to
pay the full amount of the principal and interest of the indebtedness evidenced
hereby. Unless and to the extent otherwise limited by the express terms of this
Note, this Note is executed with recourse against the individual assets of all
persons liable hereunder and against the separate properties and marital
community estates of all persons who are personally liable on this Note and the
marital community estates of such persons' spouses.

         8. Binding Agreement. This Note shall be binding upon the successors
and assigns of Maker.

         9. Security. This Note is secured by the attached Security Agreement
executed herewith.

         10. Warranties. Maker warrants and represents to Holder that the
proceeds of the loan evidenced hereby will be used for commercial purposes and
will not be used for personal, consumer, residential or household purposes.

         11. Construction. This Note and the other documents related hereto have
been reviewed and negotiated by Maker and any other parties thereto with the
benefit of or the opportunity to seek the assistance of legal counsel and shall
not be construed against any party by presumption. The titles and captions
contained in this Note are inserted for convenience and shall not be deemed to
define, limit, extend or modify any provision of this Note. All references to
Holder herein shall include any successor or assign of Holder.

          This Note has been executed as of December 3, 2001.

                                           Electric Aquagenics Unlimited, Inc.

                                           By:  /s/ Gaylord Karren
                                               -------------------------------
                                                Gaylord Karren, C.E.O.

                                       4

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