Document:

EXHIBIT 10.2

                              EMPLOYMENT AGREEMENT
                              --------------------

         This Employment  Agreement (the  "Agreement") is entered into as of the
17TH day of February,  2004,  between Zkid Network Company, a Nevada corporation
(the "Company"),  and Ron McIntyrel,  an individual  (hereinafter referred to as
the "Consultant").

                              W I T N E S S E T H:
                              --------------------

         WHEREAS,  the Company desires to retain the services of the Consultant;
and

         WHEREAS, Consultant desires to work for the Company;

         ACCORDINGLY,  in  consideration  of the foregoing,  the mutual promises
hereinafter set forth,  and other good and valuable  consideration,  the receipt
and  sufficiency  of  which  are  hereby  acknowledged,   the  Company  and  the
Consultant, intending to be legally bound, hereby agree as follows:

     1.   Fees and  Expenses.  Consultant  will provide the Company with aid and
          assistance in business  development and the general  operations of the
          Company. Consultant will be directed by the Chief Executive Officer of
          the Company  and shall  provide  services  as and when  desired by the
          Company.

          Consultant shall receive the following fees:

          Payment  equal to $10,000 per month,  which may be paid in Cash,  free
          trading shares of the Company or any combination thereof.

     In addition to the foregoing, the Company shall pay for all of Consultant's
     reasonable business related expenses, which shall be reasonably be approved
     by the Company.

     2.   Term and  Termination of Agreement.  The term of this Agreement is for
          one year and shall  automatically  be extended for one additional year
          unless  otherwise  terminated  by either  party  with at least 4 weeks
          notice  prior  to the  end of the  one-year  term.  Either  party  may
          terminate this  Agreement for cause at any time,  provided that if the
          Company  terminates  this  Agreement,  Consultant that be paid for the
          remainder of the month, in any such month that  Consultant's  services
          are  terminated,  and that any  shares  in the  Company  issued to the
          Consultant shall be deemed earned at the time of the termination.

     3.   Property of The Company.  Any and all services performed by Consultant
          while  employed  by the  Company  shall  be the sole  property  of The
          Company. This includes all work product of Consultant and all business
          contacts and relationships fostered by Consultant as a result of their
          relationship with The Company.

     4.   Non-Competition. Except in the case that the Consultant's services are
          terminated in bad faith by the Company, Consultant shall be restricted
          from  accepting  engagements  with  another  company  that is directly
          involved  in the same  business  as the  Company  for a period  of six
          months  from and  after  the date  Consultant  ceases  to work for the
          Company.

<PAGE>

     5.   Non  Use of  Confidential  Corporate  Information.  Consultant  hereby
          agrees  that  from  and  after  the  termination  of  this  Agreement,
          Consultant  shall  be  prohibited  from  disclosing  and  implementing
          confidential  Company information  garnered during Consultant's tenure
          with the Company to any other  individual  or  company.  This does not
          restrict the right of the  Consultant  to provide  services to another
          company  in the casino  industry  as long as the  Consultant  does not
          disclose confidential information. Confidential information is defined
          as information  proprietary to the Company such as detailed  financial
          information,  business  strategy,  proprietary  technology or business
          plans that are specifically pertinent to the Company.

     6.   Parties Bound.  This Agreement  shall be binding upon and inure to the
          benefit of the  parties  hereto and their  respective  successors  and
          assigns,  and all  references  herein to  either  the  Company  or the
          Consultant  shall be deemed to include any  successor  or  successors,
          whether immediate or remote.

     7.   Governing Law and Enforcement. This Agreement shall be governed by and
          construed  and  enforced in  accordance  with the laws of the State of
          Illinois.  This  Agreement  was  executed,  delivered  and  is  to  be
          performed  in  Northbrook,  Illinois.  Should any clause,  sentence or
          section of this Agreement be judicially or administratively determined
          to be  invalid,  unenforceable  or void by the  laws of the  State  of
          Illinois or any agency or subdivision thereof, such decision shall not
          have the effect of invalidating or voiding any other clause,  sentence
          or section of this  Agreement  and the parties  hereto  agree that the
          part or parts of this  Agreement so held to be invalid,  unenforceable
          or void,  shall be deemed to have been deleted  herefrom and all other
          clauses,  sentences and sections  shall have the same force and effect
          as if such  invalid  or  unenforceable  part or parts had  never  been
          included herein.

     8.   Captions.  The  headings  or  captions  of this  Agreement  have  been
          included for ease of reference  only and are not to be  considered  in
          the construction or interpretation of this Agreement or any section or
          clause contained herein or therein.

     9.   Separate  Agreements.  This Agreement  supercedes any prior agreements
          between the parties.  Any amendments hereto shall be in writing as may
          be agreed to by the parties.

         IN WITNESS WHEREOF,  this Agreement  has been executed and delivered as
of the date and year first above written.

ZKID NETWORK COMPANY

Signature:  /S/ Jon Darmstadter              Signature: /S/ Ron McIntyre
           ------------------------                     ------------------------
Title:     President
           ------------------------
Date:      02/17/04                          Date:      2/17/04
           ------------------------                     ------------------------Exhibit 4.6

	

Exhibit 4.6 

THIRD SUPPLEMENTAL
INDENTURE 
7.0% Senior Notes Due
2012 

        THIRD
SUPPLEMENTAL INDENTURE, dated as of February 12, 2004, (this “Third Supplemental
Indenture”), by and among M.D.C. Holdings, Inc., a Delaware corporation (the
“Company”), U.S. Bank National Association, as Trustee (the
“Trustee”), and the following wholly owned subsidiaries of the Company:
(i) Richmond American Homes of Delaware, Inc., a Colorado corporation; (ii) Richmond
American Homes of Illinois, Inc., a Colorado corporation; (iii) Richmond American Homes of
New Jersey, a Colorado corporation (formerly known as Richmond American Homes One, Inc.);
and (iv) Richmond American Homes of Pennsylvania, Inc., a Colorado corporation ((i), (ii),
(iii), and (iv) collectively, the “Additional Guarantors”, and together
with the Prior Guarantors (as defined below) the “Guarantors”).
Capitalized terms not defined herein shall have the meanings given to them in the
Indenture (as defined below). 

WITNESSETH: 

        WHEREAS,
the Company and the Trustee executed a Senior Debt Securities Indenture dated as of
December 3, 2002 (the “Base Indenture”), to provide for the issuance of
the Company’s Senior Debt Securities (the “Notes”); 

        WHEREAS,
the Company and the Trustee executed a Supplemental Indenture, dated as of December 3,
2002 (the “First Supplemental Indenture”), among themselves and each of
the following wholly owned subsidiaries of the Company (the “First Supplemental
Guarantors”): M.D.C. Land Corporation, a Colorado corporation, RAH of Texas, LP,
a Colorado limited partnership, RAH Texas Holdings, LLC, a Colorado limited liability
company, Richmond American Construction, Inc., a Delaware corporation, Richmond American
Homes of Arizona, Inc., a Delaware corporation, Richmond American Homes of California,
Inc., a Colorado corporation, Richmond American Homes of California (Inland Empire), Inc.,
a Colorado corporation, Richmond American Homes of Colorado, Inc., a Delaware corporation,
Richmond American Homes of Maryland, Inc., a Maryland corporation, Richmond American Homes
of Nevada, Inc., a Colorado corporation, Richmond American Homes of Texas, Inc., a
Colorado corporation, Richmond American Homes of Utah, Inc., a Colorado corporation,
Richmond American Homes of Virginia, Inc., a Virginia corporation, and Richmond American
Homes of West Virginia, Inc., a Colorado corporation; 

        WHEREAS,
the Company and the Trustee executed a Second Supplemental Indenture, dated as of
September 29, 2003 (the “Second Supplemental Indenture”, and together
with the First Supplemental Indenture and the Base Indenture, the
“Indenture”), among themselves and Richmond American Homes of Florida LP,
a Colorado limited partnership and a wholly owned subsidiary of the Company (together with
the First Supplemental Guarantors, the “Prior Guarantors”); 

        WHEREAS,
concurrently with the execution and delivery of this Third Supplemental Indenture, the
Additional Guarantors are guaranteeing the obligations of the Company under the Second
Amended and Restated Credit Agreement dated as of July 30, 2002, and are therefore
obligated to guarantee the obligations of the Company under the Notes pursuant to Section
4.03 of the First Supplemental Indenture; 

        WHEREAS,
the Additional Guarantors wish to guarantee the obligations of the Company under the Notes
on the same terms that the Prior Guarantors have guaranteed the obligations of the Company
under the Notes; 

        WHEREAS,
the Company has requested that the Trustee execute and deliver this Third Supplemental
Indenture pursuant to Section 9.01 of the Base Indenture; and 

        WHEREAS,
all requirements necessary to make this Third Supplemental Indenture a valid instrument in
accordance with its terms have been performed and the execution and delivery of this Third
Supplemental Indenture has been duly authorized in all respects by the Company and the
Additional Guarantors. 

        NOW,
THEREFORE, the Company and the Additional Guarantors covenant and agree with the Trustee
as follows: 

ARTICLE I 

GUARANTEE OF NOTES AND
RELATED PROVISIONS 

        SECTION
1.01. Unconditional Guarantee. The Additional Guarantors shall execute and deliver
to the Trustee the following Guarantee, and shall be jointly and severally liable with any
other Guarantor for their obligations under such Guarantee. 

(FORM OF GUARANTEE) 

	 	
Each
of the undersigned (the “Guarantors”) have fully and unconditionally
guaranteed, jointly and severally (such guarantee by each Guarantor being referred to
herein as the “Guarantee”) (i) the due and punctual payment of the
principal of and interest on the Notes, whether at maturity, by acceleration or otherwise,
the due and punctual payment of interest on the overdue principal and interest, if any, on
the Notes, to the extent lawful, and the due and punctual performance of all other
obligations of the Company to the Holders or the Trustee all in accordance with the terms
set forth in Article Six of the Supplemental Indenture and (ii) in case of any extension
of time of payment or renewal of any Notes or any of such other obligations, that the same
will be promptly paid in full when due or performed in accordance with the terms of the
extension or renewal, whether at stated maturity, by acceleration or otherwise. 

	 	
No past, present or future stockholder, officer, director, employee or incorporator, as such,
of any of the Guarantors shall have any liability under the Guarantee by reason of such
person’s status as stockholder, officer, director, employee or incorporator. Each
holder of a Note by accepting a Note waives and releases all such liability. This waiver
and release are part of the consideration for the issuance of the Guarantees. 

	 	
Each
holder of a Note by accepting a Note agrees that any Guarantor named below shall have no
further liability with respect to its Guarantee if such 

	

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Guarantor otherwise ceases to be liable in respect of its Guarantee in accordance with the terms of
the Supplemental Indenture. 

	 	
The
Guarantee shall not be valid or obligatory for any purpose until the certificate of
authentication on the Securities upon which the Guarantee is noted shall have been
executed by the Trustee under the Supplemental Indenture by the manual signature of one of
its authorized officers. 

	

        SECTION
1.02. Execution of Guarantee. To evidence the Guarantee specified in Section 1.01,
the Additional Guarantors hereby agree to execute the Guarantee in substantially the form
set forth above, and to deliver such Guarantee to the Trustee, which shall deliver such
Guarantee to each Holder as an endorsement to the Notes held by such Holder, or
alternatively hold such Guarantee on behalf of each such Holder. 

ARTICLE II 

MISCELLANEOUS 

        SECTION
2.01. Confirmation of Indenture. The Indenture, as supplemented and amended by this
Third Supplemental Indenture, is in all respects ratified and confirmed, and the
Indenture, this Third Supplemental Indenture and all indentures supplemental thereto shall
be read, taken and construed as one and the same instrument. 

        SECTION
2.02. Concerning the Trustee. The rights and duties of the Trustee set forth in the
Indenture shall not be modified by reason of this Third Supplemental Indenture. 

        SECTION
2.03. Governing Law. This Third Supplemental Indenture, the Indenture, the Notes,
and the Guarantee shall be governed by the laws of the State of New York. 

        SECTION
2.04. Separability. In case any one or more of the provisions contained in this
Third Supplemental Indenture shall for any reason be held to be invalid, illegal or
unenforceable in any respect, such invalidity, illegality or unenforceability shall not
affect any other provisions of this Third Supplemental Indenture, but this Third
Supplemental Indenture shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein. 

        SECTION
2.05. Counterparts. This Third Supplemental Indenture may be executed in any number
of counterparts each of which shall be an original, but such counterparts shall together
constitute but one and the same instrument. 

[Remainder of page
intentionally left blank] 

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        IN
WITNESS WHEREOF, the parties hereto have caused this Third Supplemental Indenture to be
duly executed as of the day and year first above written. 

M.D.C. HOLDINGS, INC.

	By:  /s/ John J. Heaney

________________________________

Name:  John J. Heaney

Title:    Senior Vice President and Treasurer
	

U.S. BANK NATIONAL ASSOCIATION, as Trustee

	By:  /s/ Lori Anne Rosenberg

________________________________

Name:  Lori Anne Rosenberg

Title:    Assistant Vice President
	

RICHMOND AMERICAN HOMES OF DELAWARE, INC.

	By:  /s/ John J. Heaney

________________________________

Name:  John J. Heaney

Title:    Vice President and Treasurer
	

RICHMOND AMERICAN HOMES OF ILLINOIS, INC.

	By:  /s/ John J. Heaney

________________________________

Name:  John J. Heaney

Title:    Vice President and Treasurer
	

RICHMOND AMERICAN HOMES OF NEW JERSEY, INC.

	By:  /s/ John J. Heaney

________________________________

Name:  John J. Heaney

Title:    Vice President and Treasurer
	

RICHMOND AMERICAN HOMES OF PENNSYLVANIA, INC.

	By:  /s/ John J. Heaney

________________________________

Name:  John J. Heaney

Title:    Vice President and Treasurer
	

	

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