Document:

DEBT EXCHANGE AGREEMENT

     THIS DEBT EXCHANGE  AGREEMENT (the "Agreement") is made and entered into by
and among Explorations Group, Inc., a Delaware corporation ("Explorations"); The
Yankee  Companies,  LLC., a Florida  corporation  ("Yankees");  the Calvo Family
Spendthrift  Trust,  a Florida  Trust  (the  "CFST");  and,  the  Tucker  Family
Spendthrift Trust, a Florida Trust (the "TFST"); Explorations, Yankees, the CFST
and  the  TFST  being  sometimes  hereinafter  collectively  referred  to as the
"Parties" or generically as a "Party").

                                    PREAMBLE:

     WHEREAS,  Explorations  owes  Yankees  the  aggregate  sum  of  $25,893.90,
including  accrued  interest,  as evinced by the promissory notes annexed hereto
and made a part hereof as composite  exhibit 0.1 (the  "Explorations'  Debt" and
the "Explorations' Notes," respectively); and

     WHEREAS,  Yankees owes the CFST the aggregate sum of $21,338.80,  including
accrued  interest,  as evinced by the promissory notes annexed hereto and made a
part hereof as  composite  exhibit  0.2 (the "CFST  Debt" and the "CFST  Notes,"
respectively)  and  owes the TFST the  aggregate  sum of  $21,338.80,  including
accrued  interest,  as evinced by the promissory notes annexed hereto and made a
part hereof as  composite  exhibit  0.3 (the "TFST  Debt" and the "TFST  Notes,"
respectively;  the CFST Debt,  the CFST Notes,  the TFST Debt and the TFST Notes
being  collectively  and  generically  hereinafter  referred to as the "Yankees'
Debt" and the "Yankees' Notes," respectively); and

     WHEREAS,  Yankees desires to discharge a portion of the Yankees' Debt in an
amount equal to  $23,393.90,  by  assigning to the CFST and the TFST,  in equal,
severable  shares,  an equivalent  amount of its rights under the  Explorations'
Notes, and Explorations, the CFST and the TFST are agreeable to such assignment,
on the terms and conditions hereinafter set forth:

     NOW,   THEREFORE,   in  consideration   of  the  covenants,   promises  and
representations set forth herein, and for other good and valuable consideration,
the Parties, intending to be legally bound, hereby agree as follows:

                                   WITNESSETH:

                                    Article I
                                   Definitions

     The following terms or phrases,  as used in this Agreement,  shall have the
following meanings:

(A)  Accredited Investor:

     An investor  that meets the  requirements  for  treatment as an  accredited
     investor,  as  defined in Rule  501(a) of  Commission  Regulation  D, which
     provides as follows:

          Accredited investor.  "Accredited  investor" shall mean any person who
          comes  within  any of the  following  categories,  or who  the  issuer
          reasonably believes comes within any of the following  categories,  at
          the time of the sale of the securities to that person:

          (1)  Any bank as defined in section 3(a)(2) of the Act, or any savings
               and loan  association or other  institution as defined in section
               3(a)(5)(A)  of  the  Act  whether  acting  in its  individual  or
               fiduciary  capacity;  any broker or dealer registered pursuant to
               section 15 of the Securities  Exchange Act of 1934; any insurance
               company as defined in section  2(13) of the Act;  any  investment
               company  registered under the Investment Company Act of 1940 or a
               business  development  company as defined in section  2(a)(48) of
               that Act; Small Business  Investment Company licensed by the U.S.
               Small Business  Administration under section 301(c) or (d) of the
               Small  Business Investment Act of 1958; any  plan established and

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               maintained by a state, its political subdivisions,  or any agency
               or instrumentality  of a state or its political  subdivisions for
               the benefit of its  employees,  if such plan has total  assets in
               excess of $5,000,000; employee benefit plan within the meaning of
               the  Employee  Retirement  Income  Security  Act of  1974  if the
               investment  decision is made by a plan  fiduciary,  as defined in
               section  3(21) of such Act,  which is either a bank,  savings and
               loan association,  insurance  company,  or registered  investment
               adviser,  or if the  employee  benefit  plan has total  assets in
               excess of $5,000,000 or, if a self-directed plan, with investment
               decisions made solely by persons that are accredited investors;

          (2)  Any private  business  development  company as defined in section
               202(a)(22) of the Investment Advisers Act of 1940;

          (3)  Any organization  described in Section  501(c)(3) of the Internal
               Revenue  Code,  corporation,  Massachusetts  or similar  business
               trust,  or  partnership,  not formed for the specific  purpose of
               acquiring the securities offered,  with total assets in excess of
               $5,000,000;

          (4)  Any director, executive officer, or general partner of the issuer
               of the  securities  being  offered  or  sold,  or  any  director,
               executive  officer,  or general  partner of a general  partner of
               that issuer;

          (5)  Any natural person whose individual net worth, or joint net worth
               with that person's  spouse,  at the time of his purchase  exceeds
               $1,000,000;

          (6)  Any  natural  person  who had an  individual  income in excess of
               $200,000  in each of the two most  recent  years or joint  income
               with that person's  spouse in excess of $300,000 in each of those
               years  and has a  reasonable  expectation  of  reaching  the same
               income level in the current year;

          (7)  Any trust, with total assets in excess of $5,000,000,  not formed
               for the specific  purpose of acquiring  the  securities  offered,
               whose purchase is directed by a sophisticated person as described
               in ss.230.506(b)(2)(ii); and

          (8)  Any  entity  in which all of the  equity  owners  are  accredited
               investors.

(B)  Commission:

     The United States Securities and Exchange Commission.

(C)  Exchange Act:

     The Exchange Act of 1934, as amended.

(D)  Florida Act:

     The Florida Securities and Investor Protection Act.

(E)  Florida Rule:

     Florida   Rule   3E-500.005,   which   provides  as  follows:   "Disclosure
     requirements of Section 517.061(11)(a)3., Florida Statutes.

     (1)  Transactions  by an issuer which do not satisfy all of the  conditions
          of this  rule  shall not raise  any  presumption  that the  exemptions
          provided by Section 517.061(11), Florida Statutes is not available for
          such transactions. Attempted compliance with this rule does not act as
          an  election;  the issuer can also claim the  availability  of Section
          517.061(11), Florida Statutes, outside this rule.

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     (2)  The  determination  as to whether  sales of  securities  are part of a
          larger  offering  (i.e.,  are deemed to be integrated)  depends on the
          particular  facts and  circumstances.  In  determining  whether  sales
          should be  regarded  as part of a larger  offering  and thus should be
          integrated,   the  facts   described  in  Rule  3E-500.01   should  be
          considered.

     (3)  Although sales made pursuant to Section 517.061(11), Florida Statutes,
          and in  compliance  with this rule,  are exempt from the  registration
          provisions  of this Act, such  exemption  does not avoid the antifraud
          provisions of Sections 517.301 and 517.311, Florida Statutes.

     (4)  The provisions of this rule shall apply only to transactions which are
          consummated with persons in the State of Florida.

      (5) The requirements of Sections 517.061(11)(a)(3), Florida Statutes, that
          each  purchaser,  or his  representative  be  provided  with or  given
          reasonable  access  to  full  and  fair  disclosure  of  all  material
          information  shall be deemed  to be  satisfied  if  either  paragraphs
          (5)(a) or (5)(b) are complied with:

          (a)  Access to or Furnishing of Information.  Reasonable access to, or
               the furnishing of, material  information  shall be deemed to have
               been  satisfied  if prior to the sale a purchaser is given access
               to the following information:

               1.   All material books and records of the issuer; and

               2.   All  material   contracts  and  documents  relating  to  the
                    proposed transaction; and

               3.   An  opportunity  to  question  the   appropriate   executive
                    officers or partners ...."

(F)  Securities Act:

     The Securities Act of 1933, as amended.

(G)  Additional  definitions  set  forth in  specific  parts of this  Agreement,
     identifiable  by the use of initial  capitalization  shall have the meaning
     ascribed to them in conjunction with their initial use and definition.

                                   Article II
                              Exchange & Settlement

(A)  (1)  Yankees  hereby  assigns  to the CFST and the CFST  hereby  accepts in
          partial payment of the Yankees Debt, $11,696.95,  of the Explorations'
          Debt (the "CFST Assigned  Debt"),  evinced by a partial  assignment of
          Yankees' rights under the Explorations' Notes equivalent thereto,  the
          transaction being effected without  registration  under the Securities
          Act or the  Florida  Act,  based on the  exemption  from  registration
          provided by Section 4(2) of the Securities Act and Section 517.061(11)
          of the Florida Act.

     (2)  Yankees  hereby  assigns  to the TFST and the TFST  hereby  accepts in
          partial payment of the Yankees Debt, $11,696.95,  of the Explorations'
          Debt (the "TFST  Assigned  Debt," the CFST  Assigned Debt and the TFST
          Assigned debt being hereinafter  collectively and generically referred
          to as  the  "Assigned  Debt"),  evinced  by a  partial  assignment  of
          Yankees' rights under the Explorations' Notes equivalent

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          thereto, the transaction being effected without registration under the
          Securities  Act or the  Florida  Act,  based  on  the  exemption  from
          registration  provided  by  Section  4(2)  of the  Securities  Act and
          Section 517.061(11) of the Florida Act.

     (3)  The CFST and the TFST  hereby  accept the  Assigned  Debt,  in partial
          payment of the Yankees' Debt.

(B)  (1)  Yankees hereby exchanges the Explorations' Notes with Explorations for
          three new notes to be issued  directly by  Explorations,  the first to
          Yankees in the principal sum of $2,500,  the second to the CFST in the
          principal sum of $11,696.95 and the third to the TFST in the principal
          sum of $11,695.95,  in each case in the form annexed hereto and made a
          part  hereof  as  exhibit  II(B)(1)   (collectively   and  generically
          hereinafter  referred to as the "Replacement  Notes"),  the receipt of
          which by each Party is hereby acknowledged.

     (2)  The CFST and the TFST  hereby  exchange  the  Yankees'  Notes  for the
          Replacement Notes and new notes to be issued by Yankees in a principal
          amount equal to the  difference  between the principal  balance of the
          Replacement  Notes and the Yankees Debt plus accrued  interest thereon
          in the form annexed hereto and made a part hereof as exhibit  II(B)(2)
          (the  "Yankees'  Replacement  Notes"),  the receipt of which is hereby
          acknowledged.

(C)

     As a material  inducement  to the  exchange of the  Yankees'  Notes and the
     Explorations'  Notes for the Replacement Notes,  Yankees,  the CFST and the
     TFST each hereby  represent,  warrant  and  covenant  to  Explorations,  as
     follows:

     (1)  It is familiar with the  requirements  for treatment as an "accredited
          investor"  under  Rule  501 of  Regulation  D  promulgated  under  the
          Securities  Act  and  meets  one  or  more  of the  definitions  of an
          "accredited  investor"  contained  therein and has,  alone or together
          with its  advisors or  representatives,  if any,  such  knowledge  and
          experience in financial  matters that it is capable of evaluating  the
          relative risks and merits of this  Agreement,  the text of Rule 501(a)
          being set forth, in full, above;

     (2)  It acknowledges that it has, based on its own substantial  experience,
          the ability to evaluate the transactions  contemplated  hereby and the
          merits  and  risks  thereof  in  general  and the  suitability  of the
          transaction for it in particular;

     (3)  (a)  It  understands  that the offer and  issuance of the  Replacement
               Notes is being made in reliance on its representation that it has
               reviewed  Explorations'  materials submitted to the NASD pursuant
               to Exchange Act Rule 15c2-11 and  Explorations'  Audit, and, as a
               result of its prior  association  with  Explorations,  has become
               familiar with the information disclosed therein.

          (b)  It is fully aware of the material risks  associated with becoming
               an investor in  Explorations  and confirms that it was previously
               informed that all documents, records and books pertaining to this
               investment  have been  available from  Explorations  and that all
               documents,  records  and  books  pertaining  to this  transaction
               requested by it have been made available to it;

     (4)  It has had an opportunity to ask questions of and receive answers from
          the officers of  Explorations  concerning  the terms and conditions of
          this Agreement and the transactions  contemplated  hereby,  as well as
          the affairs of Explorations and related matters;

     (5)  It has had an opportunity to obtain additional  information  necessary
          to verify the accuracy of the information referred to above.

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     (6)  It has represented to Explorations  that it has the general ability to
          bear the risks of the subject  trans  action and that it is a suitable
          investor for a private offering, and it hereby affirms the correctness
          of such information to Explorations;

     (7)  It acknowledges and is aware that:

          (a)  The  Replacement  Notes  are a  speculative  investment  with  no
               assurance that Explorations will be successful, or if successful,
               that such success will result in payments to it or to realization
               of capital gains by it on disposition of the  Replacement  Notes;
               and

          (b)  The Replacement Notes to be issued to it have not been registered
               under the  Securities  Act or under any  state  securities  laws;
               accordingly,  it may  have  to hold  them  and may not be able to
               liquidate, pledge, hypothecate, assign or transfer them; and

     (8)  It has obtained  its own opinion from its legal  counsel to the effect
          that after an examination of the transactions  associated herewith and
          the  applicable  law,  no  action  needs to be taken by  either  it or
          Explorations  in  conjunction  with this Agreement and the issuance of
          the  Replacement  Notes in  conjunction  therewith,  other  than  such
          actions  as have  already  been  taken  in order  to  comply  with the
          securities law  requirements  of its state of domicile,  including the
          safe harbor  provided in conjunction  with compliance with the Florida
          Rule.

(D)  As a material  inducement to  Explorations'  exchange of the  Explorations'
     Notes for the  Replacement  Notes,  the CFST,  the TFST and Yankees  hereby
     represent and warrant to Explorations  that no other person has any vested,
     contingent or inchoate rights to the the Explorations Notes; that there are
     no legal  impediments to the exchange  contemplated  hereby;  and that as a
     result of such  exchange,  all prior  rights under the  Explorations  Notes
     exchanged  hereby will be  terminated  and  superseded  by the  Replacement
     Notes.

(E)  As a material inducement to Yankees' exchange of the Yankees' Notes for the
     Replacement  Notes,  the CFST and the TFST hereby  represent and warrant to
     Yankees that no other person has any vested,  contingent or inchoate rights
     to the the  Yankees'  Notes;  that  there are no legal  impediments  to the
     exchange  contemplated  hereby and that as a result of such  exchange,  all
     prior rights under the Yankees  Notes  exchanged  hereby will be terminated
     and superseded by the Replacement Notes and the Yankees Replacement Notes.

                                   Article III
                               General Provisions

3.1      Interpretation.

(A)  When a reference is made in this  Agreement to Schedules or Exhibits,  such
     reference  shall be to a  Schedule  or  Exhibit  to this  Agreement  unless
     otherwise indicated.

(B)  The words  "include,"  "includes" and "including" when used herein shall be
     deemed in each case to be followed by the words "without limitation."

(C)  The headings  contained in this  Agreement are for reference  purposes only
     and  shall not  affect in any way the  meaning  or  interpretation  of this
     Agreement.

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(D)  The captions in this Agreement are for  convenience  and reference only and
     in no way define, describe,  extend or limit the scope of this Agreement or
     the intent of any provisions hereof.

(E)  All pronouns  and any  variations  thereof  shall be deemed to refer to the
     masculine,  feminine,  neuter,  singular or plural,  as the identity of the
     Party or Parties, or their personal representatives, successors and assigns
     may require.

(F)  The Parties  agree that they have been  represented  by counsel  during the
     negotiation  and  execution of this  Agreement  and,  therefore,  waive the
     application  of any  law,  regulation,  holding  or  rule  of  construction
     providing  that  ambiguities  in an  agreement  or other  document  will be
     construed against the party drafting such agreement or document.

3.2      Notice.

(A)  All notices,  demands or other  communications  given hereunder shall be in
     writing  and shall be deemed to have been duly given on the first  business
     day after mailing by United States  registered  or certified  mail,  return
     receipt requested, postage prepaid, addressed as follows:

     (1)      To Explorations:

                            Explorations Group, Inc.
                            Crystal Corporate Center;
                    2500 North Military Trail, Suite 225-D;
                           Boca Raton, Florida 33431
                      Attention: Michelle Tucker, President
               Telephone (561) 997-1188, Fax (561) 998-3425; and,
                        e-mail Michelle@popstarzinc.com;

         (2)      Yankees:

                           The Yankee Companies, LLC.
                            Crystal Corporate Center;
                     2500 North Military Trail, Suite 225;
                           Boca Raton, Florida 33431
            Attention: Leonard Miles Tucker, Chief Executive Officer
               Telephone (561) 998-2025, Fax (561) 998-3425; and,
                       e-mail lenny@yankeecompanies.com;

         (2)      The CFST:

                       The Calvo Family Spendthrift Trust.
                          1941 Southeast 51st Terrace;
                              Ocala, Florida 34471
                      Attention: Cyndi Noyes Calvo, Trustee
               Telephone (352) 694-9182, Fax (352) 694-1325; and,
                         e-mail cyndicalvo@hotmail.com

         (3)      The TFST:

                      The Tucker Family Spendthrift Trust.
                            Crystal Corporate Center;
                    2500 North Military Trail, Suite 225-F;
                           Boca Raton, Florida 33431
                    Attention: Leonard Miles Tucker, Trustee
               Telephone (561) 998-2025, Fax (561) 998-3425; and,
                        e-mail lenny@yankeecompanies.com

     or such other address or to such other person as any Party shall  designate
     to the other for such purpose in the manner hereinafter set forth.

(B)  At the request of any Party,  notice  will also be  provided  by  overnight
     delivery,  facsimile  transmission or e-mail,  provided that a transmission
     receipt is retained.

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(C)  (1)  The Parties acknowledge that Yankees serves as a strategic  consultant
          to  Explorations  and has acted as  scrivener  for the Parties in this
          transaction  but that  Yankees  is  neither  a law firm nor an  agency
          subject to any professional regulation or oversight.

     (2)  Yankees  has  advised  Explorations,  the CFST and the TFST to  retain
          independent legal and accounting  counsel to review this Agreement and
          its exhibits and incorporated materials on their behalf.

     (3)  The decision by any Party not to use the services of legal  counsel in
          conjunction with this  transaction  shall be solely at their own risk,
          each Party  acknowledging  that  applicable  rules of the  Florida Bar
          prevent  attorney  Kevin W.  Dornan,  who has  reviewed,  approved and
          caused  modifications on behalf of Yankees,  from representing  anyone
          other than Yankees in this transaction.

3.3      Merger of All Prior Agreements Herein.

(A)  This instrument,  together with the instruments referred to herein contains
     all of the understandings and agreements of the Parties with respect to the
     subject matter discussed herein,  provided that it is understood that after
     conclusion of the transactions  contemplated hereby,  Explorations Notes in
     the aggregate amount of $2,500, will survive.

(B)  Except as set forth in Section 3.3(A), all prior agreements with respect to
     the subject  matter  discussed  herein  whether  written or oral are merged
     herein and shall be of no force or effect.

3.4      Survival.

     The  several  representations,  warranties  and  covenants  of the  Parties
contained  herein  shall  survive the  execution  hereof and shall be  effective
regardless of any investigation  that may have been made or may be made by or on
behalf of any Party.

3.5      Severability.

     If any provision or any portion of any provision of this  Agreement,  other
than one of the conditions  precedent or subsequent,  or the application of such
provision  or any portion  thereof to any person or  circumstance  shall be held
invalid or  unenforceable,  the  remaining  portions of such  provision  and the
remaining  provisions of this Agreement or the  application of such provision or
portion of such  provision  as is held  invalid or  unenforceable  to persons or
circumstances  other  than those to which it is held  invalid or  unenforceable,
shall not be affected thereby.

3.6      Governing Law.

     This Agreement  shall be construed in accordance  with the  substantive and
procedural  laws of the State of Florida (other than those  regulating  taxation
and choice of law).

3.7      Indemnification.

(A)  Each  Party  hereby  irrevocably  agrees  to  indemnify  and hold the other
     Parties harmless from any and all liabilities and damages  (including legal
     or other expenses incidental thereto), contingent, current, or inchoate, to
     which they or any one of them may become  subject as a direct,  indirect or
     incidental  consequence  of any  action by the  indemnifying  Party or as a
     consequence  of the  failure  of the  indemnifying  Party  to act,  whether
     pursuant to requirements of this Agreement or otherwise.

(B)  In the event it becomes  necessary  to enforce  this  indemnity  through an
     attorney,  with or  without  litigation,  the  successful  Party  shall  be
     entitled  to  recover  from the  indemnifying  Party,  all  costs  incurred
     including reasonable attorneys' fees throughout any negotiations, trials or
     appeals, whether or not any suit is instituted.

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3.8      Dispute Resolution.

(A)  In any action  between  the  Parties  to  enforce  any of the terms of this
     Agreement or any other matter arising from this  Agreement any  proceedings
     pertaining  directly  or  indirectly  to the rights or  obligations  of the
     Parties hereunder shall, to the extent legally permitted, be held in Marion
     County,  Florida, and the prevailing Party shall be entitled to recover its
     costs  and  expenses,  including  reasonable  attorneys'  fees  up  to  and
     including all negotiations,  trials and appeals,  whether or not any formal
     proceedings are initiated.

(B)  In  the  event  of  any  dispute  arising  under  this  Agreement,  or  the
     negotiation thereof or inducements to enter into the Agreement, the dispute
     shall,  at the request of any Party,  be exclusively  resolved  through the
     following procedures:

     (1) (a)   First,  the  issue  shall  be  submitted  to  mediation  before a
               mediation service in Marion County, Florida to be selected by lot
               from three  alternatives to be provided,  one by Yankees,  one by
               the TFST and one by Explorations.

         (b)   The mediation efforts shall be concluded within ten business days
               after their initiation unless the Parties unanimously agree to an
               extended mediation period;

     (2)  In the  event  that  mediation  does not lead to a  resolution  of the
          dispute then at the request of any Party, the Parties shall submit the
          dispute to binding  arbitration before an arbitration  service located
          in  Marion   County,   Florida  to  be  selected  by  lot  from  three
          alternatives  to be  provided,  in the  manner  set  forth  above  for
          selection of mediators.

     (3) (a)   Expenses of mediation  shall be borne equally by the Parties,  if
               successful.

         (b)   Expenses of mediation,  if unsuccessful and of arbitration  shall
               be borne by the Party or  Parties  against  whom the  arbitration
               decision is rendered.

         (c)   If the terms of the arbitral  award do not establish a prevailing
               Party,   then  the  expenses  of   unsuccessful   mediation   and
               arbitration shall be borne equally by the Parties involved.

3.9      Benefit of Agreement.

     The terms and provisions of this Agreement  shall be binding upon and inure
to  the  benefit  of  the   Parties,   their   successors,   assigns,   personal
representatives,  estate, heirs and legatees but are not intended to confer upon
any other person any rights or remedies hereunder.

3.10     Further Assurances.

     The Parties agree to do,  execute,  acknowledge  and deliver or cause to be
done,  executed,  acknowledged  or  delivered  and to perform  all such acts and
deliver all such deeds, assignments, transfers, conveyances, powers of attorney,
assurances,  stock certificates and other documents,  as may, from time to time,
be required herein to effect the intent and purpose of this Agreement.

3.11     Counterparts.

(A)  This Agreement may be executed in any number of counterparts.

(B)  All executed  counterparts  shall constitute one Agreement  notwithstanding
     that  all  signatories  are not  signatories  to the  original  or the same
     counterpart.

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(C)  Execution by exchange of  facsimile  transmission  shall be deemed  legally
     sufficient to bind the signatory; however, the Parties shall, for aesthetic
     purposes, prepare a fully executed original version of this Agreement which
     shall be the document  filed with the  Commission in  conjunction  with the
     contemplated filing of Explorations' Form 10-SB under the Exchange Act.

3.12     License.

(A)  This form of agreement  is the property of Yankees and has been  customized
     for this transaction with the consent of Yankees.

(B)  The use of this form of  agreement  by the  Parties  is  authorized  hereby
     solely for purposes of this transaction.

(C)  The use of this form of  agreement  or of any  derivation  thereof  without
     Yankees' prior written permission is prohibited.

     IN  WITNESS  WHEREOF,  Explorations,  Yankees,  the CFST and the TFST  have
caused this  Agreement  to be executed by  themselves  or their duly  authorized
respective officers, all as of the last date set forth below:

Signed, Sealed and Delivered
      In Our Presence:
                                                 Explorations Group, Inc.
/s/ Marc Frankel /s/                             (A Delaware corporation)
_______________________________
/s/ Nancy Molinari /s/
_________________________________        By:  /s/ Michelle Tucker /s/
                                                  Michelle Tucker, President
         (Corporate Seal)
                                       Attest:/s/ Vanessa H. Lindsey /s/
                                                  Vanessa H. Lindsey, Secretary
Dated:   May 31, 2002
/s/ Nancy Molinari /s/                          The Yankee Companies, LLC.
_________________________________          (a Florida limited liability company)
/s/ Pearl Audit /s/
_________________________________        By: /s/ Leonard Miles Tucker /s/
                                                 Leonard Miles Tucker,
                                                 Chief Executive Officer
Dated:   May 31, 2002
                                      Attest: /s/ Vanessa H. Lindsey /s/
                                                  Vanessa H. Lindsey, Secretary

/s/ Vanessa H. Lindsey /s/                   The Calvo Family Spendthrift Trust
_________________________________                     (a Florida trust)
/s/ Pearl Audit /s/
_________________________________        By:  /s/ Cyndi Noyes Calvo /s/
                                                  Cyndi Noyes Calvo, Trustee
Dated:   May 31, 2002

/s/ Marc Frankel /s/                        The Tucker Family Spendthrift Trust
_________________________________                     (a Florida trust)
/s/ Nancy Molinari /s/
_________________________________        By:  /s/ Leonard Miles Tucker /s/
                                                  Leonard Miles Tucker, Trustee
Dated:   May 31, 2002

                             Debt Exchange Agreement - 9

                                     Page 162

<PAGE>

                                  Exhibit 0.1

Full Recourse Secured Promissory Note

$20,394.35                                                         April 9, 2002

     FOR VALUE  RECEIVED,  Explorations  Group,  Inc., a publicly  held Delaware
corporation with offices at Crystal Corporate Center; 2500 North Military Trail,
Suite 225-D; Boca Raton, Florida 33431 ("Explorations"), hereby agrees to pay to
the order of The Yankee Companies,  LLC., a Florida limited  liability  company,
with offices at The Crystal Corporate Center;  2500 North Military Trail,  Suite
225; Boca Raton,  Florida 33431  ("Yankees"),  the principal sum of  $20,394.35,
yielding  interest  commencing to run from the date hereof at a compound  annual
rate of 2% over the prime rate  charged  during the  subject  period by Citibank
Bank,  N.A.  (New York City) or its  successor  in interest to its most  favored
corporate borrowers for unsecured obligations having a term of one year or less,
on the following terms:

                                     Terms:

1.        INCORPORATED TERMS

    (a)   The terms and  provisions of the loan  agreement  entered into between
          Explorations  and Yankees on April 9, 2002, a copy of which is annexed
          hereto and made a part hereof as exhibit 1 (the "Loan Agreement"), are
          hereby incorporated by reference as if here fully set forth.

    (b)   Any  provisions  in this Note  dealing  with a subject or object  also
          dealt  with  in  the  Loan  Agreement  shall,  to  the  extent  of any
          inconsistencies,  be deemed to provide Yankees with additional  rights
          and options which will be exercisable in Yankees' sole discretion.

2.        PAYMENTS & COLLATERAL

    (a)   This Note shall be for a term of one (1) year and shall  thereafter be
          payable upon written demand by Yankees.

    (b)   Upon  demand,  payment  shall be made at the  offices of Yankees or at
          such other address as Yankees may designate for such purpose.

    (c)   This Promissory Note is secured by all of the Assets of Explorations.

3.        ACCELERATION

     In the event that any payment due hereunder is not made when due, or on the
occurrence  of any one or more of the  events of Default  specified  in the Loan
Agreement,  the entire unpaid  principal,  all accrued  interest and any related
reimbursements  for costs and expenses shall immediately become due and payable,
without notice or demand, at the option of the holder hereof.

4.        PREPAYMENTS

     Explorations may prepay this Note, in whole or in part, without penalty, at
any time, provided however,  that any partial payments shall first be applied to
related  reimbursable  costs  and  expenses,  then  to  interest,  and  then  to
principal.

5.        ASSUMPTION

    (a)   This Note may be assigned  at will by Yankees  but shall be  assumable
          only with the express, prior written consent of Yankees.

               Explorations Group, Inc. Negotiable Promissory Note

                                    Page 163

<PAGE>

    (b)   In the event of any  permitted  assumption,  all prior  obligors  will
          remain liable to Yankees as  guarantors  of the  permitted  assignee's
          performance   but  Yankees  shall  have  the  right  to  enforce  such
          guarantees  directly  against such guarantors  without first having to
          seek performance, payment or relief from the permitted assignee.

6.        DEMANDS & NOTICES

    (a)   Any demand or notice  made or given by Yankees  pursuant  hereto or in
          connection herewith, shall be made on or given to Explorations and its
          successors in interest by registered mail,  return receipt  requested,
          postage prepaid,  directed to Explorations'  address provided above or
          such updated  address as Yankees  shall have in its  records,  in each
          case with copies to Vanessa H. Lindsey, chief administrative  officer,
          The Yankee Companies, LLC., 5185 Southeast 20th Street; Ocala, Florida
          34471, and to any legal counsel designated by Explorations; but making
          or giving,  or attempting to make or give,  any demand or notice shall
          not waive any right  granted  hereunder  or  otherwise  to act without
          demand or notice.

    (b)   Notice shall be effective  when  delivered by Yankees to United States
          Postal  Service  personnel,  whether  or not such  personnel  actually
          succeed in effecting  delivery to  Explorations  or its  successors in
          interest.

7.        EXPENSES

     Explorations  hereby  agrees  to pay  all  expenses,  including  reasonable
attorney's fees, which the holder may incur upon default or at maturity.

8.        COVENANTS

     Explorations and any guarantor, surety or endorser, and all others who are,
or who may become, liable for the payment hereof:

    (a)   Expressly consent to all extensions of time,  renewals,  postponements
          of time of payment of this Note, from time to time,  prior to or after
          the day that such  payments  become  due  without  notice,  consent or
          consideration for any of the foregoing; and

    (b)   Expressly  agree to the additional  release by Yankees of any party or
          person primarily liable herein or any portion of the Collateral.

9.       ENFORCEMENT

    (a)   No delay by the holder in enforcing  any  covenant or right  hereunder
          shall be  deemed a waiver of such  covenant  or right and no waiver by
          the holder of any particular provision hereof shall be deemed a waiver
          of any other  provision  or a  continuing  waiver  of such  particular
          provision,  and except as so expressly  waived,  all provisions hereof
          shall continue in full force and effect.

    (b)   This  Note  shall be  enforceable  in the  Courts of  Broward  County,
          Florida and Explorations consents to jurisdiction therein.

10.       SPECIAL WAIVERS

     The  undersigned,  and all guarantors and all endorsers,  hereby  severally
waive presentment for payment,  protest and notice of protest for non-payment of
this Note.

11.       TIMELINESS

     Time shall be of the essence.

               Explorations Group, Inc. Negotiable Promissory Note - 2

                                    Page 164

<PAGE>

12.       LICENSE

    (a)   This form of Note is the property of Yankees.

    (b)   The use hereof by the Parties is authorized hereby solely for purposes
          of this  transaction,  and the use of this form of agreement or of any
          derivation  thereof  without  Yankees'  prior  written  permission  is
          prohibited.

     In Witness Whereof, Explorations has caused this Note to be executed on its
behalf by its duly  authorized  representatives  as of the date  first set forth
below.

Signed, Sealed and Delivered
         In Our Presence

/s/ Nancy Molinari /s/                             Explorations Group, Inc.
_______________________________
/s/ Marc Frankel /s/
_______________________________            By:   /s/ Michelle Tucker /s/
                                                     Michelle Tucker, President
Dated:   April 9, 2002

[Corporate Seal]                      Attest: /s/ Vanessa H. Lindsey /s/
                                                  Vanessa H. Lindsey, Secretary

STATE OF FLORIDA       }
COUNTY OF MARION       } SS.:

     BEFORE ME, an officer duly authorized to administer  oaths,  did personally
appear on this 9th day of April,  2002,  Michelle Tucker and Vanessa H. Lindsey,
known to me who, being duly sworn,  did state that they are the duly elected and
serving  president  and  secretary  of  Explorations  Group,  Inc.,  a  Delaware
corporation  ("Explorations"),  and that pursuant to authority duly delegated by
its  board  of  directors,  they  executed  the  foregoing  Note  on  behalf  of
Explorations, effective as of the date set forth therein. My commission expires:
04/26/04

         [NOTARIAL SEAL]
                                               /s/ Charles J. Scimeca /s/
                                                       Notary Public

               Explorations Group, Inc. Negotiable Promissory Note - 3

                                    Page 165

<PAGE>

Full Recourse Secured Promissory Note

$5,273.55                                                         April 30, 2002

     FOR VALUE  RECEIVED,  Explorations  Group,  Inc., a publicly  held Delaware
corporation with offices at Crystal Corporate Center; 2500 North Military Trail,
Suite 225-D; Boca Raton, Florida 33431 ("Explorations"), hereby agrees to pay to
the order of The Yankee Companies,  LLC., a Florida limited  liability  company,
with offices at The Crystal Corporate Center;  2500 North Military Trail,  Suite
225;  Boca Raton,  Florida  33431  ("Yankees"),  the principal sum of $5,273.55,
yielding  interest  commencing to run from the date hereof at a compound  annual
rate of 2% over the prime rate  charged  during the  subject  period by Citibank
Bank,  N.A.  (New York City) or its  successor  in interest to its most  favored
corporate borrowers for unsecured obligations having a term of one year or less,
on the following terms:

                                     Terms:

1.        INCORPORATED TERMS

    (a)   The terms and  provisions of the loan  agreement  entered into between
          Explorations  and Yankees on April 9, 2002, a copy of which is annexed
          hereto and made a part hereof as exhibit 1 (the "Loan Agreement"), are
          hereby incorporated by reference as if here fully set forth.

    (b)   Any  provisions  in this Note  dealing  with a subject or object  also
          dealt  with  in  the  Loan  Agreement  shall,  to  the  extent  of any
          inconsistencies,  be deemed to provide Yankees with additional  rights
          and options which will be exercisable in Yankees' sole discretion.

2.        PAYMENTS & COLLATERAL

    (a)   This Note shall be for a term of one (1) year and shall  thereafter be
          payable upon written demand by Yankees.

    (b)   Upon  demand,  payment  shall be made at the  offices of Yankees or at
          such other address as Yankees may designate for such purpose.

    (c)   This Promissory Note is secured by all of the Assets of Explorations.

3.        ACCELERATION

     In the event that any payment due hereunder is not made when due, or on the
occurrence  of any one or more of the  events of Default  specified  in the Loan
Agreement,  the entire unpaid  principal,  all accrued  interest and any related
reimbursements  for costs and expenses shall immediately become due and payable,
without notice or demand, at the option of the holder hereof.

4.        PREPAYMENTS

     Explorations may prepay this Note, in whole or in part, without penalty, at
any time, provided however,  that any partial payments shall first be applied to
related  reimbursable  costs  and  expenses,  then  to  interest,  and  then  to
principal.

5.        ASSUMPTION

    (a)   This Note may be assigned  at will by Yankees  but shall be  assumable
          only with the express, prior written consent of Yankees.

               Explorations Group, Inc. Negotiable Promissory Note

                                    Page 166

<PAGE>

    (b)   In the event of any  permitted  assumption,  all prior  obligors  will
          remain liable to Yankees as  guarantors  of the  permitted  assignee's
          performance   but  Yankees  shall  have  the  right  to  enforce  such
          guarantees  directly  against such guarantors  without first having to
          seek performance, payment or relief from the permitted assignee.

6.        DEMANDS & NOTICES

    (a)   Any demand or notice  made or given by Yankees  pursuant  hereto or in
          connection herewith, shall be made on or given to Explorations and its
          successors in interest by registered mail,  return receipt  requested,
          postage prepaid,  directed to Explorations'  address provided above or
          such updated  address as Yankees  shall have in its  records,  in each
          case with copies to Vanessa H. Lindsey, chief administrative  officer,
          The Yankee Companies, LLC., 5185 Southeast 20th Street; Ocala, Florida
          34471, and to any legal counsel designated by Explorations; but making
          or giving,  or attempting to make or give,  any demand or notice shall
          not waive any right  granted  hereunder  or  otherwise  to act without
          demand or notice.

    (b)   Notice shall be effective  when  delivered by Yankees to United States
          Postal  Service  personnel,  whether  or not such  personnel  actually
          succeed in effecting  delivery to  Explorations  or its  successors in
          interest.

7.        EXPENSES

     Explorations  hereby  agrees  to pay  all  expenses,  including  reasonable
attorney's fees, which the holder may incur upon default or at maturity.

8.        COVENANTS

     Explorations and any guarantor, surety or endorser, and all others who are,
or who may become, liable for the payment hereof:

    (a)   Expressly consent to all extensions of time,  renewals,  postponements
          of time of payment of this Note, from time to time,  prior to or after
          the day that such  payments  become  due  without  notice,  consent or
          consideration for any of the foregoing; and

    (b)   Expressly  agree to the additional  release by Yankees of any party or
          person primarily liable herein or any portion of the Collateral.

9.        ENFORCEMENT

    (a)   No delay by the holder in enforcing  any  covenant or right  hereunder
          shall be  deemed a waiver of such  covenant  or right and no waiver by
          the holder of any particular provision hereof shall be deemed a waiver
          of any other  provision  or a  continuing  waiver  of such  particular
          provision,  and except as so expressly  waived,  all provisions hereof
          shall continue in full force and effect.

    (b)   This  Note  shall be  enforceable  in the  Courts of  Broward  County,
          Florida and Explorations consents to jurisdiction therein.

10.       SPECIAL WAIVERS

     The  undersigned,  and all guarantors and all endorsers,  hereby  severally
waive presentment for payment,  protest and notice of protest for non-payment of
this Note.

11.       TIMELINESS

     Time shall be of the essence.

               Explorations Group, Inc. Negotiable Promissory Note - 2

                                    Page 167

<PAGE>

12.       LICENSE

    (a)   This form of Note is the property of Yankees.

    (b)   The use hereof by the Parties is authorized hereby solely for purposes
          of this  transaction,  and the use of this form of agreement or of any
          derivation  thereof  without  Yankees'  prior  written  permission  is
          prohibited.

     In Witness Whereof, Explorations has caused this Note to be executed on its
behalf by its duly  authorized  representatives  as of the date  first set forth
below.

Signed, Sealed and Delivered
         In Our Presence

/s/ Nancy Molinari /s/                             Explorations Group, Inc.
_______________________________
/s/ Pearl Audit /s/
_______________________________            By:   /s/ Michelle Tucker /s/
                                                     Michelle Tucker, President
Dated:   April 30, 2002

[Corporate Seal]                      Attest: /s/ Vanessa H. Lindsey /s/
                                                  Vanessa H. Lindsey, Secretary

STATE OF FLORIDA       }
COUNTY OF MARION       } SS.:

     BEFORE ME, an officer duly authorized to administer  oaths,  did personally
appear on this 30th day of April, 2002,  Michelle Tucker and Vanessa H. Lindsey,
known to me who, being duly sworn,  did state that they are the duly elected and
serving  president  and  secretary  of  Explorations  Group,  Inc.,  a  Delaware
corporation  ("Explorations"),  and that pursuant to authority duly delegated by
its  board  of  directors,  they  executed  the  foregoing  Note  on  behalf  of
Explorations, effective as of the date set forth therein. My commission expires:
04/26/04

         [NOTARIAL SEAL]
                                               /s/ Charles J. Scimeca /s/
                                                       Notary Public

              Explorations Group, Inc. Negotiable Promissory Note - 3

                                    Page 168

<PAGE>

                                   Exhibit 0.2

                                Promissory Note

U.S. $6,000                                               Date: April 30, 2002 :

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order  of The  Calvo  Family
Spendthrift  Trust  (the  "Trust"),  a Florida  trust  having an address at 1941
Southeast  51st Terrace,  Ocala,  Florida 34471,  or its assigns,  the principal
amount of $6,000 United States Dollars, together with interest at the annualized
rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

By:                                             Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
-------------------------                        --------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                               /s/ Pearl Audit /s/
                             -----------------------
                                     Witness

                                    Page 169

<PAGE>

                                 Promissory Note

U.S. $5,500                                             Date:  February 28, 2002

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order  of The  Calvo  Family
Spendthrift  Trust  (the  "Trust"),  a Florida  trust  having an address at 1941
Southeast  51st Terrace,  Ocala,  Florida 34471,  or its assigns,  the principal
amount of $5,500 United States Dollars, together with interest at the annualized
rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

 By:                                             Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
-------------------------                        --------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                             /s/ Nancy Molinari /s/
                             -----------------------
                                     Witness

                                    Page 170

<PAGE>

                                 Promissory Note

U.S. $9,500                                               Date: January 31, 2002

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order  of The  Calvo  Family
Spendthrift  Trust  (the  "Trust"),  a Florida  trust  having an address at 1941
Southeast  51st Terrace,  Ocala,  Florida 34471,  or its assigns,  the principal
amount of $9,500 United States Dollars, together with interest at the annualized
rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

 By:                                             Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
-------------------------                        --------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                             /s/ Nancy Molinari /s/
                             -----------------------
                                     Witness

                                    Page 171

<PAGE>

                                   Exhibit 0.3

                                 Promissory Note

U.S. $6,000                                                 Date: April 30, 2002

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order of The  Tucker  Family
Spendthrift  Trust (the  "Trust"),  a Florida trust having an address at 2500 N.
Military  Trail,  Suite 225;  Boca Raton,  Florida  33431,  or its assigns,  the
principal amount of $6,000 United States Dollars,  together with interest at the
annualized rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

By:                                             Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
-------------------------                        --------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                               /s/ Pearl Audit /s/
                             -----------------------
                                     Witness

                                    Page 172

<PAGE>

                                 Promissory Note

U.S. $5,500                                              Date: February 28, 2002

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order of The  Tucker  Family
Spendthrift  Trust (the  "Trust"),  a Florida trust having an address at 2500 N.
Military  Trail,  Suite 225;  Boca Raton,  Florida  33431,  or its assigns,  the
principal amount of $5,500 United States Dollars,  together with interest at the
annualized rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

By:                                             Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
-------------------------                        --------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                             /s/ Nancy Molinari /s/
                             -----------------------
                                     Witness

                                    Page 173

<PAGE>

                                 Promissory Note

U.S. $9,500                                               Date: January 31, 2002

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order of The  Tucker  Family
Spendthrift  Trust (the  "Trust"),  a Florida trust having an address at 2500 N.
Military  Trail,  Suite 225;  Boca Raton,  Florida  33431,  or its assigns,  the
principal amount of $9,500 United States Dollars,  together with interest at the
annualized rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

By:                                             Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
-------------------------                        --------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                             /s/ Nancy Molinari /s/
                             -----------------------
                                     Witness

                                    Page 174

<PAGE>

                                Exhibit II(B)(1)

Full Recourse Secured Promissory Note

$2,500                                                              May 31, 2002

     FOR VALUE  RECEIVED,  Explorations  Group,  Inc., a publicly  held Delaware
corporation with offices at Crystal Corporate Center; 2500 North Military Trail,
Suite 225-D; Boca Raton, Florida 33431 ("Explorations"), hereby agrees to pay to
the order of The Yankee Companies,  LLC., a Florida limited  liability  company,
with offices at The Crystal Corporate Center;  2500 North Military Trail,  Suite
225;  Boca  Raton,  Florida  33431  ("Yankees"),  the  principal  sum of $2,500,
yielding  interest  commencing to run from the date hereof at a compound  annual
rate of 2% over the prime rate  charged  during the  subject  period by Citibank
Bank,  N.A.  (New York City) or its  successor  in interest to its most  favored
corporate borrowers for unsecured obligations having a term of one year or less,
on the following terms:

                                     Terms:

1.       INCORPORATED TERMS

    (a)   The terms and  provisions of the loan  agreement  entered into between
          Explorations  and Yankees on April 9, 2002, a copy of which is annexed
          hereto and made a part hereof as exhibit 1 (the "Loan Agreement"), are
          hereby incorporated by reference as if here fully set forth.

    (b)   Any  provisions  in this Note  dealing  with a subject or object  also
          dealt  with  in  the  Loan  Agreement  shall,  to  the  extent  of any
          inconsistencies,  be deemed to provide Yankees with additional  rights
          and options which will be exercisable in Yankees' sole discretion.

2.        PAYMENTS & COLLATERAL

    (a)   This Note shall be for a term of one (1) year and shall  thereafter be
          payable upon written demand by Yankees.

    (b)   Upon  demand,  payment  shall be made at the  offices of Yankees or at
          such other address as Yankees may designate for such purpose.

    (c)   This Promissory Note is secured by all of the Assets of Explorations.

3.        ACCELERATION

     In the event that any payment due hereunder is not made when due, or on the
occurrence  of any one or more of the  events of Default  specified  in the Loan
Agreement,  the entire unpaid  principal,  all accrued  interest and any related
reimbursements  for costs and expenses shall immediately become due and payable,
without notice or demand, at the option of the holder hereof.

4.        PREPAYMENTS

     Explorations may prepay this Note, in whole or in part, without penalty, at
any time, provided however,  that any partial payments shall first be applied to
related  reimbursable  costs  and  expenses,  then  to  interest,  and  then  to
principal.

5.        ASSUMPTION

  (a)   This Note may be assigned  at will by Yankees  but shall be  assumable
          only with the express, prior written consent of Yankees.

    (b)   In the event of any  permitted  assumption,  all prior  obligors  will
          remain liable to Yankees as  guarantors  of the  permitted  assignee's
          performance   but  Yankees  shall  have  the  right  to  enforce  such
          guarantees  directly  against such guarantors  without first having to
          seek performance, payment or relief from the permitted assignee.

               Explorations Group, Inc. Negotiable Promissory Note

                                    Page 175

<PAGE>

6.        DEMANDS & NOTICES

    (a)   Any demand or notice  made or given by Yankees  pursuant  hereto or in
          connection herewith, shall be made on or given to Explorations and its
          successors in interest by registered mail,  return receipt  requested,
          postage prepaid,  directed to Explorations'  address provided above or
          such updated  address as Yankees  shall have in its  records,  in each
          case with copies to Vanessa H. Lindsey, chief administrative  officer,
          The Yankee Companies, LLC., 5185 Southeast 20th Street; Ocala, Florida
          34471, and to any legal counsel designated by Explorations; but making
          or giving,  or attempting to make or give,  any demand or notice shall
          not waive any right  granted  hereunder  or  otherwise  to act without
          demand or notice.

    (b)   Notice shall be effective  when  delivered by Yankees to United States
          Postal  Service  personnel,  whether  or not such  personnel  actually
          succeed in effecting  delivery to  Explorations  or its  successors in
          interest.

7.        EXPENSES

     Explorations  hereby  agrees  to pay  all  expenses,  including  reasonable
attorney's fees, which the holder may incur upon default or at maturity.

8.        COVENANTS

     Explorations and any guarantor, surety or endorser, and all others who are,
or who may become, liable for the payment hereof:

    (a)   Expressly consent to all extensions of time,  renewals,  postponements
          of time of payment of this Note, from time to time,  prior to or after
          the day that such  payments  become  due  without  notice,  consent or
          consideration for any of the foregoing; and

    (b)   Expressly  agree to the additional  release by Yankees of any party or
          person primarily liable herein or any portion of the Collateral.

9.        ENFORCEMENT

    (a)   No delay by the holder in enforcing  any  covenant or right  hereunder
          shall be  deemed a waiver of such  covenant  or right and no waiver by
          the holder of any particular provision hereof shall be deemed a waiver
          of any other  provision  or a  continuing  waiver  of such  particular
          provision,  and except as so expressly  waived,  all provisions hereof
          shall continue in full force and effect.

    (b)   This  Note  shall be  enforceable  in the  Courts of  Broward  County,
          Florida and Explorations consents to jurisdiction therein.

10.       SPECIAL WAIVERS

     The  undersigned,  and all guarantors and all endorsers,  hereby  severally
waive presentment for payment,  protest and notice of protest for non_payment of
this Note.

11.       TIMELINESS

     Time shall be of the essence.

12.       LICENSE

    (a)   This form of Note is the property of Yankees .

    (b)   The use hereof by the Parties is authorized hereby solely for purposes
          of this  transaction,  and the use of this form of agreement or of any
          derivation  thereof  without  Yankees'  prior  written  permission  is
          prohibited.

            Explorations Group, Inc. Negotiable Promissory Note - 2

                                    Page 176

<Page>

     In Witness Whereof, Explorations has caused this Note to be executed on its
behalf by its duly  authorized  representatives  as of the date  first set forth
below.

Signed, Sealed and Delivered
         In Our Presence
/s/ Nancy Molinari /s/                              Explorations Group, Inc.
_______________________________
/s/ Pearl Audit /s/
_______________________________          By:    /s/ Michelle Tucker /s/
                                                    Michelle Tucker, President
Dated:   May  31, 2002

[Corporate Seal]                      Attest:  /s/ Vanessa H. Lindsey /s/
                                                   Vanessa H. Lindsey, Secretary

STATE OF FLORIDA           }
COUNTY OF MARION           } SS.:

         BEFORE ME, an officer duly authorized to administer oaths, did
personally appear on this 31st day of May, 2002, Michelle Tucker and Vanessa H.
Lindsey, known to me who, being duly sworn, did state that they are the duly
elected and serving president and secretary of Explorations Group, Inc., a
Delaware corporation ("Explorations"), and that pursuant to authority duly
delegated by its board of directors, they executed the foregoing Note on behalf
of Explorations, effective as of the date set forth therein. My commission
expires: 04/26/04

         [NOTARIAL SEAL]                         /s/ Charles J. Scimeca /s/
                                                -------------------------------
                                                         Notary Public

            Explorations Group, Inc. Negotiable Promissory Note - 3

                                    Page 177

<Page>

Full Recourse Secured Promissory Note

$11,696.95                                                          May 31, 2002

     FOR VALUE RECEIVED,  Explorations Group, Inc., a Florida corporation,  with
offices at 2500 N.  Military  Trail,  Suite  225-D;  Boca Raton,  Florida  33431
("Explorations"),  hereby  agrees  to pay  to the  order  of The  Tucker  Family
Spendthrift  Trust.,  a Florida trust,  with offices at 2500 N. Military  Trail,
Suite 225-F; Boca Raton,  Florida 33431 ("Tucker Family"),  the principal sum of
$11,696.95  yielding  interest  commencing  to run  from the  date  hereof  at a
compound annual rate of 2% over the prime rate charged during the subject period
by Citibank Bank,  N.A. (New York City) or its successor in interest to its most
favored corporate borrowers for unsecured  obligations having a term of one year
or less, on the following terms:

                                     Terms:

1.        PAYMENTS & COLLATERAL

    (a)   This Note shall be for a term of one (1) year and shall  thereafter be
          payable upon written demand by Tucker Family.

    (b)   Upon demand,  payment shall be made at the offices of Tucker Family or
          at such  other  address  as Tucker  Family  shall  designate  for such
          purpose.

    (c)   This  Promissory  Note is secured by all of the Assets of Explorations
          (up to the amount of the Note), as evidenced by the attached UCC-1.

    (d)   So long as  this  Note is  outstanding,  if  Tucker  Family  exercises
          warrants for common  stock using cash,  such  exercise  price shall be
          deducted  from the amount owed to the Tucker  Family  under this Note,
          which shall first be applied to principal and then to interest.

2.        ACCELERATION

     In the event  that any  payment  due  hereunder  is not made when due,  the
entire unpaid principal, all accrued interest and any related reimbursements for
costs and expenses shall immediately become due and payable at the option of the
holder hereof.

3.        PREPAYMENTS

     Explorations may prepay this Note, in whole or in part, without penalty, at
any time, provided however,  that any partial payments shall first be applied to
interest, and then to principal.

4.        ASSUMPTION

     This Note may be assigned at will by Tucker Family, with notice of any such
assignment to Explorations , but shall be assumable only with the express, prior
written consent of Tucker Family.

                 Explorations Group, Inc. Negotiable Promissory

                                  Note Page 178

<PAGE>

5.        DEMANDS & NOTICES

    (a)   Any demand or notice made or given by Tucker Family pursuant hereto or
          in connection herewith,  shall be made on or given to Explorations and
          its  successors  in  interest  by  registered  mail,   return  receipt
          requested,  postage  prepaid,  directed  to  Explorations  's  address
          provided above or such updated  address as Tucker Family shall have in
          its  records,  in each case with copies to Kevin W.  Dornan,  Esquire;
          General Counsel,  The Tucker Family  Spendthrift Trust, 5185 Southeast
          20th Street;  Ocala,  Florida 34471,  attorney for Tucker Family;  but
          making or giving,  or attempting to make or give, any demand or notice
          shall not  waive  any right  granted  hereunder  or  otherwise  to act
          without demand or notice.

    (b)   Notice  shall be effective  when  delivered  to United  States  Postal
          Service  personnel,  whether or not such personnel actually succeed in
          effecting delivery to Explorations or its successors in interest.

6.        EXPENSES

     In the event of any  action to enforce  the  provisions  of this Note,  the
prevailing party shall be entitled to recover its costs and expenses,  including
reasonable attorney's fees.

7.        COVENANTS

     Explorations  and all others  who are,  or who may  become,  liable for the
payment  hereof:   Expressly  consent  to  all  extensions  of  time,  renewals,
postponements  of time of payment of this Note,  from time to time,  prior to or
after  the day  that  such  payments  become  due  without  notice,  consent  or
consideration for any of the foregoing; and

8.        ENFORCEMENT

    (a)   No delay by the holder in enforcing  any  covenant or right  hereunder
          shall be  deemed a waiver of such  covenant  or right and no waiver by
          the holder of any particular provision hereof shall be deemed a waiver
          of any other  provision  or a  continuing  waiver  of such  particular
          provision,  and except as so expressly  waived,  all provisions hereof
          shall continue in full force and effect.

    (b)   This  Note  shall be  enforceable  in the  Courts of  Broward  County,
          Florida and Explorations consents to jurisdiction therein.

9.        SPECIAL WAIVERS

     The undersigned hereby waives  presentment for payment,  protest and notice
of protest for non_payment of this Note.

10.       TIMELINESS

     Time shall be of the essence.

11.       LICENSE

    (a)   This form of Note is the property of The Yankees Companies, LLC.

    (b)   The use hereof by the Parties is authorized hereby solely for purposes
          of this  transaction,  and the use of this form of agreement or of any
          derivation  thereof  without  Yankees'  prior  written  permission  is
          prohibited.

                 Explorations Group, Inc. Negotiable Promissory - 2

                                  Note Page 179

<Page>

     In Witness Whereof, Explorations has caused this Note to be executed on its
behalf by their duly authorized  representatives  as of the date first set forth
below.

Signed, Sealed and Delivered
         In Our Presence
/s/ Nancy Molinari /s/                            Explorations Group, Inc.
_______________________________
/s/ Pearl Audit /s/
_______________________________          By:  /s/ Michelle Tucker /s/
                                                  Michelle Tucker, President
Dated:   May 31, 2002

[Corporate Seal]                      Attest:  /s/ Vanessa H. Lindsey /s/
                                                   Vanessa H. Lindsey, Secretary

STATE OF FLORIDA           }
COUNTY OF PALM BEACH       } SS.:

     BEFORE ME, an officer duly authorized to administer  oaths,  did personally
appear on this 31st day of May,  2002,  Michelle  Tucker and Vanessa H. Lindsey,
known to me who, being duly sworn,  did state that they are the duly elected and
serving  president  and  secretary  of  Explorations   Group,  Inc.,  a  Florida
corporation  ("Explorations "), and that pursuant to authority duly delegated by
its  board  of  directors,  they  executed  the  foregoing  Note  on  behalf  of
Explorations, effective as of the date set forth therein. My commission expires:
04/26/02
         [NOTARIAL SEAL]                          /s/ Charles J. Scimeca /s/
                                               -------------------------------
                                                      Notary Public

                 Explorations Group, Inc. Negotiable Promissory - 3

                                    Page 180

<Page>

Full Recourse Secured Promissory Note

$11,696.95                                                          May 31, 2002

     FOR VALUE RECEIVED,  Explorations Group, Inc., a Florida corporation,  with
offices at 2500 N.  Military  Trail,  Suite  225-D;  Boca Raton,  Florida  33431
("Explorations"),  hereby  agrees  to pay  to the  order  of  The  Calvo  Family
Spendthrift  Trust.,  a Florida  trust,  with  offices  at 1941  Southeast  51st
Terrace;  Ocala, Florida 34471 ("Calvo Family"), the principal sum of $11,696.95
yielding  interest  commencing to run from the date hereof at a compound  annual
rate of 2% over the prime rate  charged  during the  subject  period by Citibank
Bank,  N.A.  (New York City) or its  successor  in interest to its most  favored
corporate borrowers for unsecured obligations having a term of one year or less,
on the following terms:

                                     Terms:

1.       PAYMENTS & COLLATERAL

    (a)   This Note shall be for a term of one (1) year and shall  thereafter be
          payable upon written demand by Calvo Family.

    (b)   Upon demand,  payment  shall be made at the offices of Calvo Family or
          at such other address as Calvo Family may designate for such purpose.

    (c)   This  Promissory  Note is secured by all of the Assets of Explorations
          (up to the amount of the Note), as evidenced by the attached UCC-1.

    (d)   So  long as  this  Note is  outstanding,  if  Calvo  Family  exercises
          warrants for common  stock using cash,  such  exercise  price shall be
          deducted  from the amount  owed to the Calvo  Family  under this Note,
          which shall first be applied to principal and then to interest.

2.        ACCELERATION

     In the event  that any  payment  due  hereunder  is not made when due,  the
entire unpaid principal, all accrued interest and any related reimbursements for
costs and expenses shall immediately become due and payable at the option of the
holder hereof.

3.        PREPAYMENTS

     Explorations may prepay this Note, in whole or in part, without penalty, at
any time, provided however,  that any partial payments shall first be applied to
interest, and then to principal.

4.        ASSUMPTION

     This Note may be assigned at will by Calvo Family,  with notice of any such
assignment to Explorations , but shall be assumable only with the express, prior
written consent of Calvo Family.

5.        DEMANDS & NOTICES

    (a)   Any demand or notice made or given by Calvo Family  pursuant hereto or
          in connection herewith,  shall be made on or given to Explorations and
          its  successors  in  interest  by  registered  mail,   return  receipt
          requested,  postage  prepaid,  directed  to  Explorations  's  address
          provided  above or such updated  address as Calvo Family shall have in
          its  records,  in each case with copies to Kevin W.  Dornan,  Esquire;
          General Counsel,  The Calvo Family  Spendthrift  Trust, 1941 Southeast
          51st Terrace;  Ocala,  Florida 34471,  attorney for Calvo Family;  but
          making or giving,  or attempting to make or give, any demand or notice
          shall not  waive  any right  granted  hereunder  or  otherwise  to act
          without demand or notice.

               Explorations Group, Inc. Negotiable Promissory Note

                                    Page 181

<PAGE>

    (b)   Notice  shall be effective  when  delivered  to United  States  Postal
          Service  personnel,  whether or not such personnel actually succeed in
          effecting delivery to Explorations or its successors in interest.

6.        EXPENSES

     In the event of any  action to enforce  the  provisions  of this Note,  the
prevailing party shall be entitled to recover its costs and expenses,  including
reasonable attorney's fees.

7.        COVENANTS

     Explorations  and all others  who are,  or who may  become,  liable for the
payment  hereof:   Expressly  consent  to  all  extensions  of  time,  renewals,
postponements  of time of payment of this Note,  from time to time,  prior to or
after  the day  that  such  payments  become  due  without  notice,  consent  or
consideration for any of the foregoing; and

8.       ENFORCEMENT

    (a)   No delay by the holder in enforcing  any  covenant or right  hereunder
          shall be  deemed a waiver of such  covenant  or right and no waiver by
          the holder of any particular provision hereof shall be deemed a waiver
          of any other  provision  or a  continuing  waiver  of such  particular
          provision,  and except as so expressly  waived,  all provisions hereof
          shall continue in full force and effect.

    (b)   This  Note  shall be  enforceable  in the  Courts of  Broward  County,
          Florida and Explorations consents to jurisdiction therein.

9.        SPECIAL WAIVERS

     The undersigned hereby waives  presentment for payment,  protest and notice
of protest for non-payment of this Note.

10.       TIMELINESS

     Time shall be of the essence.

11.       LICENSE

    (a)   This form of Note is the property of The Yankees Companies, LLC.

    (b)   The use hereof by the Parties is authorized hereby solely for purposes
          of this  transaction,  and the use of this form of agreement or of any
          derivation  thereof  without  Yankees'  prior  written  permission  is
          prohibited.

     In Witness Whereof, Explorations has caused this Note to be executed on its
behalf by their duly authorized  representatives  as of the date first set forth
below.

Signed, Sealed and Delivered
         In Our Presence

/s/ Nancy Molinari /s/                             Explorations Group, Inc.
_______________________________
/s/ Pearl Audit /s/
_______________________________          By:  /s/ Michelle Tucker /s/
                                                  Michelle Tucker, President
Dated:   May  31, 2002

[Corporate Seal]                     Attest: /s/ Vanessa H. Lindsey /s/
                                                 Vanessa H. Lindsey, Secretary

STATE OF FLORIDA           }
COUNTY OF PALM BEACH       } SS.:

     BEFORE ME, an officer duly authorized to administer  oaths,  did personally
appear on this 31st day of May,  2002,  Michelle  Tucker and Vanessa H. Lindsey,
known to me who, being duly sworn,  did state that they are the duly elected and
serving  president  and  secretary  of  Explorations   Group,  Inc.,  a  Florida
corporation  ("Explorations "), and that pursuant to authority duly delegated by
its  board  of  directors,  they  executed  the  foregoing  Note  on  behalf  of
Explorations, effective as of the date set forth therein. My commission expires:
04/26/04
         [NOTARIAL SEAL]                            /s/ Charles J. Scimeca /s/
                                                -------------------------------
                                                        Notary Public

               Explorations Group, Inc. Negotiable Promissory Note - 2

                                    Page 182

<PAGE>

                                Exhibit II(B)(2)

                                 Promissory Note

U.S. $9,641.85                                                Date: May 31, 2002

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order of The  Tucker  Family
Spendthrift  Trust (the  "Trust"),  a Florida trust having an address at 2500 N.
Military  Trail,  Suite 225;  Boca Raton,  Florida  33431,  or its assigns,  the
principal amount of $9,641.85  United States Dollars,  together with interest at
the annualized rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

By:                                                   Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
----------------------------                      ----------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                             /s/ Nancy Molinari /s/
                             -----------------------
                                     Witness

               Explorations Group, Inc. Negotiable Promissory Note

                                    Page 183

<Page>
                                 Promissory Note

U.S. $9,641.85                                                Date: May 31, 2002

     For value  received  The  Yankee  Companies,  LLC.  ('Yankees"),  a Florida
limited liability company having an address at 2500 North Military Trail,  Suite
225, Boca Raton, Florida 33431, promises to pay, on or before December 31, 2002,
in  lawful  money  of the  United  States,  to the  order  of The  Calvo  Family
Spendthrift  Trust  (the  "Trust"),  a Florida  trust  having an address at 1941
Southeast  51st Terrace,  Ocala,  Florida 34471,  or its assigns,  the principal
amount of  $9,641.85  United  States  Dollars,  together  with  interest  at the
annualized rate of 8%.

     This Note is  secured  by all of the  Assets  described  in the  collateral
assignment agreement annexed hereto and made a part hereof (the"Collateral").

     UCC Forms 1 have been  executed  and filed,  as  required  to  perfect  the
security interest established hereby in the State of Florida.

     In Witness  Whereof,  Yankees  has signed  this Note as of the day and year
first above written.

                           The Yankee Companies, LLC.

By:                                                   Attest:

/s/ Leonard M. Tucker /s/                      /s/ Vanessa H. Lindsey /s/
----------------------------                      ----------------------------
    Leonard M. Tucker, Chief                       Vanessa H. Lindsey, Secretary
    Executive Officer & Managing
    Member

                             /s/ Nancy Molinari /s/
                             -----------------------
                                     Witness

                                    Page 184
<PAGE>Michelle Tucker and Steven Adelstein also have  Corporate Director's Agreements.
This agreement of Ms. Lindsey's serves as an example.

                    Agreement to Serve as Corporate Director

     This agreement to serve as a corporate  director (the  "Agreement") is made
and entered into by and between Explorations Group, Inc., a Delaware corporation
("Explorations"), and Vanessa H. Lindsey, a Florida resident ("Mrs. Lindsey").

                                    Preamble:

     Whereas,  Mrs.  Lindsey was elected as a member of  Explorations'  board of
directors  by written  consent in lieu of the  annual  meeting of  stockholders,
effective April 8, 2002 (the "Annual Meeting"); and

     Whereas, Explorations has required, as a condition for service on its board
of directors,  that all members enter into a form of agreement  that  delineates
the rights, duties and responsibilities of the members; and

     Whereas,   the  Parties  agree  that  this  Agreement   provides  important
directives outlining the duties,  obligations,  responsibilities and rights that
are expected of members of  Explorations'  board of directors  and Mrs.  Lindsey
desires to be elected as a member of  Explorations'  board of  directors  and to
serve  thereon  in  compliance  with  the  requirements  of this  Agreement  and
Explorations' Certificate of Incorporation and By-Laws:

     Now, Therefore, intending to be legally bound, the Parties agree that since
if Mrs. Lindsey has been elected as a member of Explorations' board of directors
at the annual meeting of Explorations' shareholders for the current year, she is
bound by the following obligations and shall have the following rights:

                                   Witnesseth:

                                    Article I
                       Term, Renewals, Earlier Termination

1.1      Term.

(A)   1.  Subject to the provisions set forth herein, the term of this Agreement
          shall be deemed  to  commence  immediately  following  Mrs.  Lindsey's
          election to Explorations' board of directors at the Annual Meeting and
          shall  continue  until the  latter  of April 7, 2003 or the  election,
          qualification and assumption of office by Mrs. Lindsey's  successor as
          a  member  of  Explorations'   board  of  directors,   unless  earlier
          terminated as provided in  Explorations'  certificate of incorporation
          or bylaws, or as hereinafter set forth.

      2.  Notwithstanding  anything in this agreement to the contrary,  the term
          of this Agreement will terminate if Mrs.  Lindsey is not re-elected at
          the annual meeting of stockholders next following the Annual Meeting.

(B)  In the event that Mrs. Lindsey is reelected or otherwise serves as a member
     of   Explorations'   board  of  directors   after  the  annual  meeting  of
     stockholders  next  following  the  Annual  Meeting,  then,  unless  a  new
     agreement  pertaining  to her role as a member  of  Explorations'  board of
     directors is entered into  specifically  superceding the provisions of this
     Agreement,  this Agreement  shall be deemed to remain in effect for so long
     as Mrs. Lindsey serves as a member of Explorations' board of directors.

1.2      Earlier Termination.

(A)  Explorations  shall have the right to terminate this Agreement prior to the
     expiration of its Term,  subject to the  provisions of Section 1.3, for the
     following reasons:

     (1)  By vote of Explorations' shareholders:

          In accordance  with Section 141(k) of Delaware's  General  Corporation
          Law (and  except as  provided  therein)  and  pursuant  to Article II,
          Section  3(a) of the  By-Laws  of  Explorations  that at a meeting  of
          stockholders  called  expressly  for this  purpose,  a director may be
          removed,  with or without cause,  by the vote of the holders of 51% of
          the shares then entitled to vote at an election of directors.

                                    Page 185

<Page>

     (2)  Discontinuance of Business:

          In the event that  Explorations  discontinues  operating its business,
          this  Agreement  shall  terminate  as of the last day of the  month on
          which Explorations  ceases operation with the same force and effect as
          if such last day of the month were  originally set as the  termination
          date hereof; provided,  however, that a reorganization of Explorations
          shall not be deemed a termination of its business.

     (3)  Death:

          This Agreement shall terminate  immediately on Mrs.  Lindsey's  death;
          however,  all accrued compensation at such time shall be promptly paid
          to Mrs. Lindsey's estate.

1.3      Final Settlement.

     Upon  termination  of this  Agreement  and  payment to Mrs.  Lindsey of all
amounts due her hereunder,  Mrs. Lindsey or her representative shall execute and
deliver to  Explorations  on a form prepared by  Explorations a receipt for such
sums and a release of all claims,  except such claims as may have been submitted
pursuant  to the terms of this  Agreement  and which  remain  unpaid,  and shall
forthwith tender to Explorations all records, manuals and written procedures, as
may be required by Explorations for the continued conduct of its business.

                                   Article II
                       Performance of Duties as a Director

2.1      Performance of Duties

(A)  Mrs.  Lindsey shall perform her duties as a director,  including her duties
     as a member of any committee of Explorations' board of directors upon which
     she may serve,  pursuant  to the  requirements  set forth in  Explorations'
     certificate of incorporation and By-Laws (its "Constituent Documents"),  in
     good faith, in a manner she reasonably believes to be in the best interests
     of  Explortaions,  and with such care as is legally required for members of
     boards of directors  under the laws of the State of Delaware and the United
     States  Securities and Exchange  Commission,  (the  "Commission")  unless a
     higher  standard  of  care  is  specified  in   Explorations'   Constituent
     Documents.

(B)  In  performing  her  duties,  Mrs.  Lindsey  shall be  entitled  to rely on
     information,   opinions,   reports  or  statements,   including   financial
     statements and other financial data, in each case prepared or presented by:

     (1)  One or more officers or employees of  Explorations  whom Mrs.  Lindsey
          reasonably  believes  to be  reliable  and  competent  in the  matters
          presented;

     (2)  Legal counsel, public accountants or other persons as to matters which
          Mrs.   Lindsey   reasonably   believes  to  be  within  such  persons'
          professional or expert competence; or

     (3)  A committee of  Explorations'  board of directors  upon which she does
          not  serve,   duly  designated  in  accordance  with  a  provision  of
          Explorations'  certificate of incorporation or By-Laws,  as to matters
          within  its  designated   authority,   which  committee  Mrs.  Lindsey
          reasonably believes to merit confidence.

(C)  Mrs.  Lindsey shall not be considered to be acting in good faith if she has
     knowledge  concerning the matter in question that would cause such reliance
     described in Section 2.1(B) to be unwarranted.

(D)  If Mrs. Lindsey is present at a meeting of Explorations' board of directors
     at which action on any corporate matter is taken, it shall be presumed that
     she assented to the action  taken  unless she votes  against such action or
     abstains from voting in respect thereto because of an asserted  conflict of
     interest.

            Explorations Group, Inc. Agreement to Serve as Director - 2

                                    Page 186

<Page>

(E)  If Mrs. Lindsey is requested to provide  comments on any corporate  matters
     through a written  request  delivered by hand,  mail, fax or e-mail,  then,
     unless she affirmatively  provides written comments thereto or specifies in
     a written  response  that she is unable or  unwilling  to provide  comments
     thereto,  she shall be presumed to have  approved  the matter as  accurate,
     complete and not  misleading,  and if she has  indicated  her  inability or
     unwillingness  to comment on more than  three  occasions  within any fiscal
     year,  she shall be  presumed  to have  refused to perform  her duties as a
     member of  Explorations'  board of  directors  in a manner  justifying  her
     removal therefrom under this Agreement.

2.2      Director Conflicts of Interest

(A)  Neither Mrs.  Lindsey nor any affiliate of her will enter into any contract
     or other transaction with Explorations unless the fact of such relationship
     or interest is  disclosed or known to  Explorations'  board of directors or
     committee   which   authorizes,   approves  or  ratifies  the  contract  or
     transaction  and it is  approved  by a vote or consent  sufficient  for the
     purpose  without  counting  the vote or consent of Mrs.  Lindsey;  and,  if
     stockholder approval is required, the fact of such relationship or interest
     is  disclosed  or  known  to the  stockholders  entitled  to vote  and they
     authorize,  approve  or ratify  such  contract  or  transaction  by vote or
     written consent.

(B)  Mrs.  Lindsey may be counted in  determining  the presence of a quorum at a
     meeting of  Explorations'  board of directors or a committee  thereof which
     authorizes, approves or ratifies such contract or transaction.

2.3      Performance and Attendance

(A)  Mrs.   Lindsey  will  serve  on  Explorations'   board  of  directors,   on
     Explorations'  audit committee,  as chairman,  on Explorations'  regulatory
     affairs  committees,  or on  such  committees  of  Explorations'  board  of
     directors  as to which  she is  appointed  and will  discharge  her  duties
     thereunder in good faith,  using her best efforts on behalf of Explorations
     and its stockholders.

(B)  Mrs.  Lindsey shall use her best efforts to  participate in a timely manner
     in all  meetings  of  Explorations'  board of  directors  or of  committees
     thereof to which she has been  appointed or elected,  and if unavailable in
     person,  to make  arrangements  to participate by  teleconference  or other
     legally available means.

(C)  In the event  that  Mrs.  Lindsey  fails to  participate  in a  meeting  of
     Explorations'  board of directors or of committees thereof to which she has
     been appointed or elected,  Mrs.  Lindsey shall promptly  acquaint  himself
     with all matters transacted at such meeting and if practical, shall provide
     the board of directors or committee  involved with  supplemental  input and
     advice on all such matters, and if appropriate and possible,  shall request
     reconsideration of any material matters as to which her participation would
     have affected the result of actions taken.

(D)  In the event that Mrs.  Lindsey  misses  three (3) of the  regular  monthly
     meetings of  Explorations'  board of  directors,  or three (3)  consecutive
     special  meetings  of the  board of  directors,  or three  (3)  consecutive
     meetings of any committee to which she has been appointed or elected,  Mrs.
     Lindsey will be deemed to have resigned  from the board of directors  prior
     to the  expiration of the term of this  Agreement  based on an inability to
     dedicate  required time to the affairs of Explorations,  and this Agreement
     shall be presumptively be deemed the instrument of such resignation.

             Explorations Group, Inc. Agreement to Serve as Director - 3

                                     Page 187

<PAGE>

(E)  Mrs.  Lindsey shall be responsible,  together with the other members of the
     board of  directors,  for review and  approval  prior to filing of all data
     that Explorations is required to file with the Commission,  with the United
     States Internal  Revenue Service (the "Service") and with comparable  state
     and local agencies.

(F)  If serving as a member of the regulatory affairs or audit committees,  Mrs.
     Lindsey shall be  responsible  for using  reasonable  efforts to assist its
     chairman to assure that  Explorations and all of its  subsidiaries  develop
     and implement information  gathering,  retention and transmittal procedures
     that comply  with all  applicable  legal and  auditing  requirements,  that
     Explorations  and  its  subsidiaries  promptly  transmit  required  data to
     Explorations'  auditors and legal counsel and that  Explorations'  auditors
     and legal counsel  prepare and pass upon  materials  that  Explorations  is
     required to file with the  Commission  or the Service,  on a timely  basis,
     adequate for review,  comment and correction by all appropriate  personnel,
     including  management of Explorations and its subsidiaries,  as well as the
     members of their boards of  directors,  attorneys  and  advisors,  at least
     three business days prior to the legally mandated filing dates.

(G)  If  serving  as a member  of the audit  committee,  Mrs.  Lindsey  shall be
     responsible,  together with the other members of the audit  committee,  for
     suggesting  auditor  candidates  to  Explorations'  board of directors  and
     stockholders  and for  rejecting  any auditors that any member of the audit
     committee deems unsatisfactory based on their  qualifications,  reputation,
     prices or  geographic  location,  provided that such member must specify in
     writing all  reasons  for such  rejection  and the  committee,  voting as a
     whole,  must pass upon such  rejection by majority  vote,  forwarding  such
     result to the board of directors for appropriate action.

2.4      Resignation

     Unless she is the sole serving member of Explorations'  board of directors,
Mrs.  Lindsey  may  resign  at any  time by  providing  Explorations'  board  of
directors with written notice indicating Mrs. Lindsey's  intention to resign and
the  effective  date  thereof;  provided,  however,  that  resignation,  whether
voluntary or presumptive (as provided above) shall result in a forfeiture of all
rights to compensation under this Agreement,  other than as to compensation that
has accrued pursuant to the provisions of this Agreement.

                                   Article III
                                  Compensation

3.1      Member Compensation

(A)  Mrs.  Lindsey  shall  be  compensated  for  her  services  as a  member  of
     Explorations' board of directors and committees, as follows:

     (1) (a)   For  basic  service  as  a  member  of  our  Company's  board  of
               directors,  1,250 shares of Explorations' common stock per month,
               which shall be deemed earned on the last day of the month served.

         (b)   For service on the audit or executive committee an additional 625
               shares per month, which shall be deemed earned on the last day of
               the month served.

         (c)   For service on any other  committee an additional  313 shares per
               month,  which shall be deemed earned on the last day of the month
               served.

         (d)   For service as the chair of the audit or  executive  committee an
               additional 250 shares per month,  which shall be deemed earned on
               the last day of the month served.

         (e)   For service as the chair of any other committee an additional 125
               shares per month, which shall be deemed earned on the last day of
               the month served.

             Explorations Group, Inc. Agreement to Serve as Director - 4

                                    Page 188
<PAGE>

         (f)   For  attendance  at any  meeting of the board of  directors  or a
               committee  thereof,  in  person,  an  additional  125  shares per
               meeting.

         (g)   For  attendance  at any  meeting of the board of  directors  or a
               committee  thereof,  in any  manner  other  than  in  person,  an
               additional 63 shares per meeting.

(B)  The foregoing  compensation will be subject to the condition precedent that
     Mrs.  Lindsey  comply  on  a  timely  basis  with  all  personal  reporting
     obligations to the Commission  pertaining to her role with Explorations and
     that Mrs.  Lindsey serve in the designated  positions  providing all of the
     services required thereby prudently and in good faith.

3.2      Contingent Compensation

     In addition to the compensation  described above and in Section 3.1 (unless
comparable compensation is provided for under the terms of a separate employment
or  consulting  agreement)  or  such  compensation  cannot  be paid  because  of
conflicts with applicable laws:

(A)  In  the  event  that  Mrs.   Lindsey   arranges  or  provides  funding  for
     Explorations on terms more beneficial than those reflected in Explorations'
     current principal financing agreements,  copies of which are included among
     Explorations'  records  available  through the SEC's  EDGAR web site,  Mrs.
     Lindsey shall be entitled, at her election, to either:

     (1)  A fee equal to 5% of such savings, on a continuing basis; or

     (2)  If equity funding is provided  through Mrs.  Lindsey or any affiliates
          of  her,  a  discount  of 5% from  the  lowest  price  at  which  such
          securities  are  offered to any other  person for the  subject  equity
          securities  if they are  issuable  as free  trading  securities,  or a
          discount  of 25% from the lowest  price at which such  securities  are
          offered to any other person for the subject equity  securities if they
          are issuable as restricted  securities (as the term restricted is used
          for purposes of SEC Rule 144); and

     (3)  If equity  funding is arranged for  Explorations  by Mrs.  Lindsey and
          Explorations  is not obligated to pay any other source of compensation
          in conjunction therewith, other than the normal commissions charged by
          broker  dealers in  securities  in  compliance  with the  compensation
          guidelines of the NASD, Mrs. Lindsey shall be entitled to a bonus in a
          sum equal to 5% of the net proceeds of such funding.

(B)  In the event that Mrs. Lindsey arranges for an acquisition by Explorations,
     then Mrs. Lindsey will be entitled to compensation in an amount,  in shares
     of Explorations' common stock, equal to 5% of the net consideration paid by
     Explorations for such  acquisition,  provided that if such  compensation is
     payable to more than one person,  then they shall share such  compensation,
     pro rata, based on the nature of their entitlement to such compensation.

(C)  In the event that Mrs. Lindsey generates  business for Explorations,  then,
     on any sales  resulting  therefrom,  Mrs.  Lindsey  shall be  entitled to a
     commission equal to 5% of the net income derived by Explorations therefrom,
     on a continuing basis.

3.3      Exempt Nature of Securities to be Issued

     The  securities  to be issued as  compensation  under this  Agreement  (the
"Securities")  will be  issued  without  registration  under the  provisions  of
Section  5  of  the  Securities  Act  or  the  securities  regulatory  laws  and
regulations  of the State of Florida (the "Florida  Act") pursuant to exemptions
provided under Section 4(6) of the  Securities Act and comparable  provisions of
the Florida Act;

             Explorations Group, Inc. Agreement to Serve as Director - 5

                                    Page 189

<PAGE>

(A)  Mrs.  Lindsey  shall be  responsible  for  preparing and filing any reports
     concerning this  transaction  with the Commission and with Florida Division
     of  Securities,  and  payment  of any  required  filing  fees  (none  being
     expected);

(B)  All of the Securities will bear legends  restricting their transfer,  sale,
     conveyance or  hypothecation  unless such Securities are either  registered
     under  the  provisions  of  Section 5 of the  Securities  Act and under the
     Florida  Act,  or an  opinion  of  legal  counsel,  in form  and  substance
     satisfactory to legal counsel to Explorations, is provided to Explorations'
     General  Counsel to the effect that such  registration is not required as a
     result of applicable exemptions therefrom;

(C)  Explorations' transfer agent shall be instructed not to transfer any of the
     Securities unless the General Counsel for Explorations advises it that such
     transfer is in compliance with all applicable laws;

(D)  Mrs.  Lindsey  is  acquiring  the  Securities  for  her  own  account,  for
     investment  purposes  only,  and  not  with  a  view  to  further  sale  or
     distribution; and

(E)  Mrs.  Lindsey  or  her  advisors  have  examined   information   concerning
     Explorations   contained   on  the   Commission's   Internet  web  site  at
     www.sec.gov,  in the EDGAR  archives,  as well as  Explorations'  books and
     records and have questioned Explorations' officers and directors as to such
     matters involving Explorations as Mrs. Lindsey deemed appropriate.

3.4      Indemnification.

     Explorations will defend, indemnify and hold Mrs. Lindsey harmless from all
liabilities,  suits,  judgments,  fines,  penalties or  disabilities,  including
expenses   associated   directly  therewith  (e.g.,  legal  fees,  court  costs,
investigative  costs,  witness fees, etc.) resulting from any reasonable actions
taken by her in good  faith on behalf of  Explorations,  its  affiliates  or for
other  persons  or  entities  at  the  request  of the  board  of  directors  of
Explorations,  to the  fullest  extent  legally  permitted,  and in  conjunction
therewith,  shall  assure that all  required  expenditures  are made in a manner
making it  unnecessary  for Mrs.  Lindsey  to incur any out of pocket  expenses;
provided,  however,  that  Mrs.  Lindsey  permits  Explorations  to  select  and
supervise all personnel  involved in such defense and that Mrs.  Lindsey  waives
any  conflicts  of  interest  that such  personnel  may have as a result of also
representing  Explorations,  its  stockholders  or other personnel and agrees to
hold  Explorations  harmless  from any matters  involving  such  representation,
except such as involve fraud or bad faith.

                                  Article Four
                                Special Covenants

4.1      Confidentiality.

     Mrs. Lindsey acknowledges that, in and as a result of her duties hereunder,
she will be developing for Explorations,  making use of, acquiring and/or adding
to, confidential  information of special and unique nature and value relating to
such matters as  Explorations'  trade  secrets,  systems,  procedures,  manuals,
confidential  reports,  personnel  resources,   strategic  and  tactical  plans,
advisors, clients, investors and funders;  consequently,  as material inducement
to the entry into this Agreement by Explorations,  Mrs. Lindsey hereby covenants
and agrees that she shall not, at anytime  during or following  the terms of her
service as a member of Explorations' board of directors, directly or indirectly,
personally use,  divulge or disclose,  for any purpose  whatsoever,  any of such
confidential  information  which has been  obtained by or  disclosed to her as a
result of her association with Explorations or its affiliates.

4.2      Special Remedies.

     In view of the irreparable harm and damage which would undoubtedly occur to
Explorations  as a result  of a  breach  by Mrs.  Lindsey  of the  covenants  or
agreements  contained  in this  Article  Four,  and in  view  of the  lack of an
adequate remedy at law to protect Explorations'  interests,  Mrs. Lindsey hereby
covenants  and agrees  that  Explorations  shall have the  following  additional
rights and remedies in the event of a breach or threatened breach hereof:

           Explorations Group, Inc. Agreement to Serve as Director - 6

                                    Page 190

<PAGE>

(A)  Mrs.  Lindsey  hereby  consents to the  issuance of a permanent  injunction
     enjoining  her from  any  violations  of the  covenants  set  forth in this
     Article Four; and

(B)  Because it is impossible to ascertain or estimate the entire or exact cost,
     damage or injury  which  Explorations  may sustain  prior to the  effective
     enforcement of such injunction, Mrs. Lindsey hereby covenants and agrees to
     pay over to  Explorations,  in the event she  violates  the  covenants  and
     agreements contained in this Article Four, the greater of:

     (1)  Any  payment or  compensation  of any kind  received by her because of
          such violation before the issuance of such injunction, or

     (2)  The sum of One Thousand  ($1,000.00) Dollars per violation,  which sum
          shall be  liquidated  damages,  and not a  penalty,  for the  injuries
          suffered by Explorations  as a result of such  violation.  The Parties
          agree that such  liquidated  damages are not intended as the exclusive
          remedy  available to Explorations  for any breach of the covenants and
          agreements  contained in this Article Four prior to the issuance of an
          injunction, and the Parties recognize that the only adequate remedy to
          protect  Explorations  from the injury  caused by such breach would be
          injunctive relief.

4.3      Cumulative Remedies.

     Mrs.  Lindsey  hereby  irrevocably  agrees that the  remedies  described in
Section 4.2 hereof shall be in addition to, and not in limitation of, any of the
rights or remedies to which  Explorations is or may be entitled,  whether at law
or in equity, under or pursuant to this Agreement.

4.4      Acknowledgment of Reasonableness.

     Mrs.  Lindsey hereby  represents,  warrants and  acknowledges  that she has
carefully read and  considered  the provisions of this Article Four and,  having
done so, agrees that the  restrictions  set forth herein are fair and reasonable
and are reasonably required for the protection of the interests of Explorations,
its officers, other directors and employees; consequently, in the event that any
of the above-described  restrictions shall be held unenforceable by any court of
competent jurisdiction,  Mrs. Lindsey hereby covenants,  agrees and directs such
court to substitute a reasonable,  judicially enforceable limitation in place of
any limitation  deemed  unenforceable,  and Mrs.  Lindsey  hereby  covenants and
agrees that if so modified,  the covenants  contained in this Article Four shall
be as fully  enforceable  as if they had been set forth  herein  directly by the
Parties.  In  determining  the nature of this  limitation,  Mrs.  Lindsey hereby
acknowledges,  covenants  and agrees that it is the intent of the Parties that a
court adjudicating a dispute arising hereunder recognize that the Parties desire
that this  covenant  not to compete be imposed and  maintained  to the  greatest
extent possible.

4.5      Unauthorized Acts.

     Mrs.  Lindsey  hereby  covenants and agrees that she will not do any act or
incur any obligation on behalf of Explorations of any kind whatsoever, except as
expressly  authorized by its board of directors or by its stockholders  pursuant
to duly adopted stockholder action.

4.6      Covenant not to Disparage.

     Mrs. Lindsey hereby  irrevocably  covenants and agrees that during the term
of this  Agreement and after its  termination,  she will refrain from making any
remarks  that  could  be  construed  by  anyone,  under  any  circumstances,  as
disparaging,  directly  or  indirectly,  specifically,  through  innuendo  or by
inference, whether or not true, about Explorations,  its constituent members, or
its officers, directors,  stockholders,  employees, agent or affiliates, whether
related to the business of Explorations,  to other business or financial matters
or to personal matters.

             Explorations Group, Inc. Agreement to Serve as Director - 7

                                    Page 191

<PAGE>

                                    Article V
                  Agreement to Comply with Legal Restrictions.

5.1      Explorations Securities.

(A)  Mrs.  Lindsey  is the  record  and  beneficial  owner  of the  Explorations
     securities shown on the signature page hereto, which at the date hereof are
     free  and  clear  of  any  liens,   claims,   options,   charges  or  other
     encumbrances;  does not beneficially own any other Explorations securities;
     and has full  power and  authority  to make,  enter  into and carry out the
     terms of this Agreement.

(B)  Mrs. Lindsey agrees that any Explorations  securities that she purchases or
     with respect to which she otherwise acquires record or beneficial ownership
     after the date of this Agreement ("New  Explorations  Securities") shall be
     subject to the terms and conditions of this Agreement to the same extent as
     if they were owned prior to the effective date of this Agreement.

(C)  Mrs.  Lindsey has full power and  authority to execute this  Agreement,  to
     make the representations,  warranties and covenants herein contained and to
     perform all of the obligations hereunder.

(D)  Mrs. Lindsey has no present plan or intention (a "Plan") to sell, transfer,
     exchange,  pledge  or  otherwise  dispose  of,  including  by  means  of  a
     distribution  by a  partnership  to its partners,  or a corporation  to its
     stockholders,  or any other transaction which results in a reduction in the
     risk of  ownership  (any of the  foregoing  being  hereinafter  referred to
     generically as a "Sale") of any of the  Explorations  securities  that Mrs.
     Lindsey currently owns or may acquire during the term of this Agreement, or
     any  securities  that may be paid as a dividend  or  otherwise  distributed
     thereon  with  respect  thereto  or  issued or  delivered  in  exchange  or
     substitution therefor.

(E)  If any of Mrs. Lindsey's representations in this Agreement cease to be true
     at any time during the term of this Agreement, Mrs. Lindsey will deliver to
     Explorations'   general  counsel  a  written   statement  to  that  effect,
     specifying the nature of the change signed by Mrs. Lindsey.

5.2      Transfer or Encumbrance.

(A)  Mrs. Lindsey agrees not to transfer,  sell,  exchange,  pledge or otherwise
     dispose of or encumber Mrs.  Lindsey's  Explorations  securities or any New
     Explorations Securities acquired or to make any offer or agreement relating
     thereto during the time that Mrs. Lindsey serves on Explorations'  board of
     directors  and for an  additional  period of 90 days after the term of this
     agreement, except:

     (1)  During such periods  following the filing by  Explorations  of reports
          with the Commission as may be determined by the regulatory  compliance
          committee  of  Explorations'  board of  directors  to provide  current
          information  required to avoid  violation  of  restrictions  under the
          Securities Act and the Securities and Exchange Commission Exchange Act
          of 1934, as amended (the "Exchange  Act"),  against  trading on inside
          information.

     (2)  In full compliance with the requirements of:

          (a)  Rule 144 promulgated by the Commission under authority granted by
               the Securities Act;

          (b)  Sections   13D  and  16(a)  of  the   Exchange   Act,   including
               requirements pertaining to timely filing of Commission Forms 3, 4
               and 5 or Schedule 13-D; and

     (3)  In full  compliance  with the procedures  established by  Explorations
          (including  requirements  imposed upon its  transfer  agent) to assure
          compliance with the foregoing.

             Explorations Group, Inc. Agreement to Serve as Director - 8

                                    Page 192

<PAGE>

(B)  No  transactions  permitted  pursuant to Section  5.2(A)  shall be effected
     until:

     (1)  Legal  counsel  representing  Mrs.  Lindsey  (which  legal  counsel is
          reasonably   satisfactory   to   Explorations)   shall  have   advised
          Explorations in a written opinion letter  satisfactory to Explorations
          and Explorations'  legal counsel,  and upon which Explorations and its
          legal counsel may rely, that no registration  under the Securities Act
          is required in connection  with the proposed  sale,  transfer or other
          disposition  and  that  all  requirements   under  the  Exchange  Act,
          including Sections 13 and 16 thereof have been complied with; or

     (2)  A  registration  statement  under  the  Securities  Act  covering  the
          Explorations'  stock  proposed to be sold,  transferred  or  otherwise
          disposed of,  describing  the manner and terms of the  proposed  sale,
          transfer or other  disposition,  and containing a current  prospectus,
          shall have been filed with the Commission and made effective under the
          Securities Act; or

     (3)  An authorized  representative  of the  Commission  shall have rendered
          written  advice  to  Mrs.  Lindsey  (sought  by   Director-Nominee  or
          Director-Nominee's  legal  counsel,  with a copy thereof and all other
          related  communications  delivered to Explorations) to the effect that
          the  Commission  would  take no  action,  or  that  the  staff  of the
          Commission  would not recommend that the  Commission  take any action,
          with respect to the proposed disposition if consummated; or

     (4)  Explorations'  general counsel and president  shall have  specifically
          consented  to  the  transaction  in  writing   pursuant  to  authority
          delegated in a specific resolution of the regulatory affairs committee
          of Explorations' board of directors.

(C)  Mrs.  Lindsey also understands and agrees that  stop-transfer  instructions
     will be given to Explorations'  transfer agent with respect to certificates
     evidencing her Explorations securities and that there will be placed on the
     certificates  evidencing her  Explorations  securities  legends  stating in
     substance:  "The  securities  represented by this  certificate  were issued
     without  registration  under the  Securities  Act of 1933,  as amended,  or
     comparable  state laws in reliance on the provisions of Section 4(1),  3(b)
     or 4(2) of such act, and comparable  state law provisions or they have been
     held by a person  deemed a control  person  under  Commission  Rule 144 and
     subject to reporting  obligations under Section 13D of the Exchange Act and
     to reporting  obligations and trading  restrictions  under Section 16(a) of
     the Exchange  Act.  These  securities  may not be  transferred,  pledged or
     hypothecated  unless they are first registered  under  applicable  federal,
     state or foreign laws, or the transaction is demonstrated to be exempt from
     such requirements to the Company's satisfaction,  and, all required reports
     pertaining  thereto,  including  Commission  Forms  3,  4,  5 and  144  and
     Commission Schedule 13D have been filed with the Commission."

5.3      No Proxy Solicitations.

     Mrs. Lindsey will not, and will not permit any entity under her control to:

(A)  Solicit  proxies or become a  "participant"  in a  "solicitation"  (as such
     terms are defined in Regulation 14A under the Exchange Act) with respect to
     any meetings of Explorations' stockholders;

(B)  Initiate  a  stockholders'  vote  or  action  by  consent  of  Explorations
     stockholders with respect to any stockholders' action; or

(C)  Become a member of a "group" (as such term is used in Section  13(d) of the
     Exchange Act) with respect to any voting securities of Explorations.

             Explorations Group, Inc. Agreement to Serve as Director - 9

                                    Page 193

<PAGE>

5.4      No Limitation on Discretion as Director.

     This  Article  Five is  intended  solely to apply to the  exercise  by Mrs.
Lindsey  in  her  individual  capacity  of  rights  attaching  to  ownership  of
Explorations  securities,  and nothing herein shall be deemed to apply to, or to
limit in any manner the  discretion of Mrs.  Lindsey with respect to, any action
which may be taken or  omitted  by her  acting in her  fiduciary  capacity  as a
member of Explorations' board of directors or any committee thereof.

                                   Article VI
                                  Miscellaneous

6.1      Notices.

(a)  All notices, demands or other communications hereunder shall be in writing,
     and unless  otherwise  provided,  shall be deemed to have been given on the
     first  business day after mailing by registered or certified  mail,  return
     receipt requested, postage prepaid, addressed as follows:

                                To Mrs. Lindsey :
               At the contact information provided in Section 6.19

                                To Explorations:
                            Explorations Group, Inc.
                     2500 North Military Trail, Suite 225-D;
                           Boca Raton, Florida 33431
                 Telephone (561) 997-1188, Fax (561) 998-3425;
                          and, e-mail bestzmom@aol.com
                     Attention: Michelle Tucker, President;

                                 with a copy to

                           The Yankee Companies, LLC.
                      2500 North Military Trail, Suite 225;
                           Boca Raton, Florida 33431
               Telephone (561) 998-2025, Fax (561) 998-3425; and,
                       e-mail lenny@yankeecompanies.com;
                   Attention: Leonard Miles Tucker, President

     or such other address or to such other person as any Party shall  designate
     to the other for such purpose in the manner hereinafter set forth.

(b)  (1)  The Parties  acknowledge  that the Yankee  Companies,  LLC., a Florida
          limited liability company ("Yankees") serves as a strategic consultant
          to  Explorations  and has acted as  scrivener  for the Parties in this
          transaction  but that  Yankees  is  neither  a law firm nor an  agency
          subject to any professional regulation or oversight.

     (2)  Because of the inherent  conflict of interests  involved,  Yankees has
          recommended to all of the Parties that they retain retain  independent
          legal and accounting counsel to review this Agreement and its exhibits
          and incorporated materials on their behalf.

(c)  The  decision  by any Party not to use the  services  of legal  counsel  in
     conjunction with this transaction shall be solely at that Party's own risk,
     each Party  acknowledging  that applicable rules of the Florida Bar prevent
     Explorations'  general  counsel,  who has  reviewed,  approved  and  caused
     modifications on behalf of  Explorations,  from  representing  anyone other
     than Explorations in this transaction.

6.2      Amendment.

(A)  No modification,  waiver, amendment,  discharge or change of this Agreement
     shall be valid  unless  the same is in  writing  and  signed  by the  Party
     against which the  enforcement  of said  modification,  waiver,  amendment,
     discharge or change is sought.

(B)  This  Agreement  may not be  modified  without the consent of a majority in
     interest of Explorations' stockholders.

             Explorations Group, Inc. Agreement to Serve as Director - 10

                                    Page 194

<PAGE>

6.3      Merger.

(A)  This instrument  contains all of the  understandings  and agreements of the
     Parties with respect to the subject matter discussed herein.

(B)  All prior agreements,  whether written or oral, are merged herein and shall
     be of no force or effect.

6.4      Survival.

     The  several  representations,  warranties  and  covenants  of the  Parties
contained  herein  shall  survive the  execution  hereof and shall be  effective
regardless of any investigation  that may have been made or may be made by or on
behalf of any Party.

6.5      Severability.

     If any provision or any portion of any provision of this Agreement,  or the
application  of  such  provision  or  any  portion  thereof  to  any  person  or
circumstance  shall be held invalid or unenforceable,  the remaining portions of
such provision and the remaining provisions of this Agreement or the application
of  such  provision  or  portion  of  such  provision  as  is  held  invalid  or
unenforceable to persons or  circumstances  other than those to which it is held
invalid or unenforceable, shall not be affected thereby.

6.6      Governing Law.

     This Agreement shall be governed by and construed, interpreted and enforced
in accordance  with the laws of the State of Delaware,  except for any choice of
law  provisions  that  would  result in the  application  of the law of  another
jurisdiction,  and  except  for laws  involving  the  fiduciary  obligations  of
Explorations'  officers  and  Director-Nominees,  which shall be governed  under
Florida law.

6.7      Third Party Reliance.

     Legal counsel to and  accountants for the Parties shall be entitled to rely
upon this Agreement.

6.8      Venue.

     Any  proceeding  arising  between the Parties in any matter  pertaining  or
related to this  Agreement  shall,  to the extent  permitted  by law, be held in
Broward County, Florida.

6.9      Litigation.

(A)  In any action  between  the  Parties  to  enforce  any of the terms of this
     Agreement or any other matter arising from this  Agreement,  the prevailing
     Party  shall be  entitled  to  recover  its costs and  expenses,  including
     reasonable   attorneys'   fees  up  to  and  including  all   negotiations,
     proceedings and appeals, whether or not formal proceedings are initiated.

(B)  In  the  event  of  any  dispute  arising  under  this  Agreement,  or  the
     negotiation thereof or inducements to enter into the Agreement, the dispute
     shall,  at the request of any Party,  be exclusively  resolved  through the
     following procedures:

     (1) (a)   First,   the  issue  shall  be  submitted  to  mediation   before
               Mediation,  Inc., a mediation service in Broward County, Florida,
               to be selected by lot from four alternatives to be provided,  two
               by Explorations and two by Mrs. Lindsey .

         (b)   The mediation efforts shall be concluded within ten business days
               after their initiation unless the Parties unanimously agree to an
               extended mediation period;

             Explorations Group, Inc. Agreement to Serve as Director - 11

                                    Page 195

<PAGE>

     (2)  In the  event  that  mediation  does not lead to a  resolution  of the
          dispute,  then at the request of any Party,  the Parties  shall submit
          the  dispute  to binding  arbitration  before an  arbitration  service
          located in Broward  County,  Florida to be selected by lot,  from four
          alternatives  to be  provided,  two by  Explorations  and  two by Mrs.
          Lindsey.

     (3)  (a)  Expenses  of  mediation  shall  be  borne  by  Explorations,   if
               successful.

          (b)  Expenses of mediation, if unsuccessful,  and of arbitration shall
               be borne by the Party  against whom the  arbitration  decision is
               rendered.

          (c)  If the terms of the arbitral  award do not establish a prevailing
               Party,  then  the  expenses  of  unsuccessful  mediation  and  of
               arbitration shall be borne equally by the Parties.

6.10     Benefit of Agreement.

(A)  This  Agreement  may not be  assigned  by Mrs.  Lindsey  without  the prior
     written consent of Explorations.

(B)  Subject to the  restrictions on  transferability  and assignment  contained
     herein,  the terms and provisions of this  Agreement  shall be binding upon
     and  inure  to the  benefit  of the  Parties,  their  successors,  assigns,
     personal representative, estate, heirs and legatees.

6.11     Interpretation.

(A)  The words  "include,"  "includes" and "including" when used herein shall be
     deemed in each case to be followed by the words "without limitation."

(B)  The headings  contained in this  Agreement are for reference  purposes only
     and  shall not  affect in any way the  meaning  or  interpretation  of this
     Agreement.

(C)  The captions in this Agreement are for  convenience  and reference only and
     in no way define, describe,  extend or limit the scope of this Agreement or
     the intent of any provisions hereof.

(D)  All pronouns  and any  variations  thereof  shall be deemed to refer to the
     masculine,  feminine,  neuter,  singular or plural,  as the identity of the
     Party  or  Parties,  or  their  personal  representatives,  successors  and
     assigns, or the context may require.

(E)  The Parties  agree that they have been  represented  by counsel  during the
     negotiation  and  execution of this  Agreement  and,  therefore,  waive the
     application  of any  law,  regulation,  holding  or  rule  of  construction
     providing  that  ambiguities  in an  agreement  or other  document  will be
     construed against the party drafting such agreement or document.

6.12     Further Assurances.

     The Parties hereby agree to do, execute,  acknowledge and deliver, or cause
to be done, executed,  acknowledged and delivered,  and to perform all such acts
and deliver  all such  deeds,  assignments,  transfers,  conveyances,  powers of
attorney, assurances, receipts, records and other documents as may, from time to
time, be required herein to effect the intent and purposes of this Agreement.

             Explorations Group, Inc. Agreement to Serve as Director - 12

                                    Page 196

<PAGE>

6.13     Status.

     Nothing in this Agreement shall be construed or shall constitute an agency,
employment, partnership, or joint venture relationship.

6.14     Counterparts.

(A)  This Agreement may be executed in any number of counterparts.

(B)  Execution by exchange of  facsimile  transmission  shall be deemed  legally
     sufficient to bind the signatory; however, the Parties shall, for aesthetic
     purposes,  prepare a fully  executed  original  version of this  Agreement,
     which shall be the document filed with the Commission.

6.15     License.

(A)  This Agreement is the property of Yankees and the use hereof by the Parties
     is authorized hereby solely for purposes of this transaction.

(B)  The use of this form of  agreement  or of any  derivation  thereof  without
     Yankees' prior written permission is prohibited.

6.16     Waiver.

     No waiver by any party  hereto  of any  condition  or of any  breach of any
provision of this Agreement  shall be effective  unless in writing and signed by
each party hereto.

6.17     Indemnification.

(A)  Each Party hereby  irrevocably agrees to indemnify and hold the other Party
     harmless from any and all liabilities and damages (including legal or other
     expenses  incidental  thereto),  contingent,  current, or inchoate to which
     that  Party  may  become  subject  as  a  direct,  indirect  or  incidental
     consequence of any action by the indemnifying  Party or as a consequence of
     the  failure  of  the  indemnifying  Party  to  act,  whether  pursuant  to
     requirements of this Agreement or otherwise.

(B)  In the event it becomes  necessary  to enforce  this  indemnity  through an
     attorney,  with or  without  litigation,  the  successful  Party  shall  be
     entitled  to  recover  from  the  indemnifying  Party  all  costs  incurred
     including reasonable attorneys' fees throughout any negotiations, trials or
     appeals, whether or not any suit is instituted.

6.18     Consultation with Counsel.

     Mrs.   Lindsey  has  carefully   read  this  Agreement  and  discussed  its
requirements and other applicable  limitations upon the sale,  transfer or other
disposition of Explorations securities to the extent she felt necessary with her
own legal counsel.

6.19     Information Concerning Mrs. Lindsey's Share Ownership.

(A)  Explorations  securities  beneficially owned by Mrs. Lindsey as of the date
     of this agreement:

     (1)  12,500 shares of Explorations common stock; and

     (2)  ___________  shares of  Explorations  common stock subject to options,
          warrants or other rights; and

     (3)  ___________ other Explorations  securities,  as specifically described
          in exhibit 6.19 annexed hereto and made a part hereof, if any.

             Explorations Group, Inc. Agreement to Serve as Director - 13

                                    Page 197

<PAGE>

(B)  (1)  Domicile  Address:  340 Southeast 55th Avenue, Ocala, Florida 34471
          Street address,  City,  Zip code

     (2)  Telephone,   fax  and  e-mail:  (352) 494-6661;   (352)  694-1325  and
          operations@yankeecompanies.com

     IN  WITNESS  WHEREOF,  Mrs.  Lindsey  and  Explorations  have  caused  this
Agreement  to be  executed by  themselves  or their duly  authorized  respective
officers, effective as of the last date set forth below:

Signed, sealed and delivered
         In Our Presence:

/s/ Pearl Audit /s/
----------------------------

/s/ Sally Ann Stroberg /s/
----------------------------                        /s/ Vanessa H. Lindsey /s/
                                                        Vanessa H. Lindsey
Dated:   April 8, 2002

/s/ Nancy Molinari /s/                              Explorations Group, Inc.
----------------------------

/s/ Marc Frankel /s/
----------------------------                  By:  /s/ Michelle Tucker /s/
                                                      Michelle Tucker, President
         (Corporate Seal)

                                        Attest:/s/ Vanessa H. Lindsey /s/
                                                   Vanessa H. Lindsey, Secretary

Dated:   April 8, 2002

             Explorations Group, Inc. Agreement to Serve as Director - 14

                                    Page 198

<PAGE>

Section 6.19 reads as follows for:
Michelle Tucker

6.19     Information Concerning Mrs. Lindsey's Share Ownership.

(A)  Explorations  securities  beneficially owned by Mrs. Lindsey as of the date
     of this agreement:

     (1)  514,000  shares of Explorations common stock; and

     (2)  _______  shares of  Explorations  common stock subject to options,
          warrants or other rights; and

     (3)  200,000 other Explorations  securities,  as specifically  described in
          exhibit 6.19 annexed  hereto and made a part  hereof,  if any.  Shares
          held by Blue Lake Capital corp., which I am President of.

(B)  (1)  Domicile Address:  2500 North Militry Trail,  Suite 225-D, Boca Raton,
          Florida 33431 Street address, City, Zip code

     (2)  Telephone,   fax  and  e-mail:   (561)   998-2025,   (561)   998-4635,
          michelle@popstarzinc.com

Section 6.19 reads as follows for:
Steven Adelstein

6.19     Information Concerning Mrs. Lindsey's Share Ownership.

(A)  Explorations  securities  beneficially owned by Mrs. Lindsey as of the date
     of this agreement:

     (1)  0  shares of Explorations common stock; and

     (2)  0  shares of  Explorations  common stock subject to options,
          warrants or other rights; and

     (3)  0 other Explorations  securities,  as specifically described
          in exhibit 6.19 annexed hereto and made a part hereof, if any.

(B)  (1)  Domicile  Address,  Street address,  City, Zip code: 3200 West Oakland
          Park Boulevard, Lauderdale Lakes, Florida 33311

     (2)  Telephone, fax and e-mail:(954) 745-0077, (954) 745-0078

          Explorations Group, Inc. Agreement to Serve as Director - 15

                                    Page 199

<Page>

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