Document:

SETTLEMENT AGREEMENT
                              --------------------

         This Settlement Agreement is hereby executed by and between Jerry
Pearring (Plaintiff) and BEVsystems International, Inc. (Defendant), effective
the date of execution contained herein.

Whereas the parties have agreed to settle their disputes without further
litigation.

I.       The parties hereby agree to exchange the following consideration:

         1-       The Defendant will pay Plaintiff the total sum of $82,468.64
                  as satisfaction for any and all wages, wage claims, claims for
                  benefits, demands, damages, costs, fees or severance due or
                  that may become due.

         2-       The Defendant will issue the Plaintiff 50,000 shares of
                  unrestricted S-8 stock in its company upon execution of this
                  agreement and 50,000 shares of unrestricted S-8 stock in its
                  company each 30 days thereafter until Plaintiff receives
                  200,000 shares. Plaintiff agrees that the company's designee
                  only, shall place and sell said shares in a manner beneficial
                  to the company, with any net proceeds being applied to and
                  deducted from any remaining balance. After the 200,000 shares
                  are issued and sold, if there is any remaining balance the
                  Defendant will pay such balance within the one year
                  anniversary of this Settlement Agreement.

         3-       The Defendant will immediately cease all demand, collection,
                  litigation or levy activities and withdraw same from any
                  relevant Court of Competent Jurisdiction.

         4-       The Plaintiff will execute a Release that will stipulate that
                  all claims against the Defendant are satisfied, including as
                  against any individual principal, subsidiary, parent or
                  subdivision of the Defendant.

                  Defendant are satisfied, including as against any individual
                  principal, subsidiary, parent or subdivision of the Defendant.

<PAGE>

         5-       The parties acknowledge that the Consideration constitutes
                  full and final payment, settlement and satisfaction of all
                  claims, invoices, debts, bills, statements and fees which
                  were, are or may have been due arising out of Plaintiff's
                  claims and Complaint, and that said payments and consideration
                  do not constitute any admission of guilt, liability or
                  responsibility whatsoever, except satisfaction of judgments
                  that are in the public record.

         6-       Entire Agreement. This Agreement embodies and constitutes the
                  entire understanding between Plaintiff and Defendants with
                  respect to the transactions contemplated in this Agreement,
                  and all prior or contemporaneous agreements, understanding,
                  representations and statements, oral or written, are merged
                  into this Agreement.

Jerome Pearring                          BEVsystems International Inc.

/s/ Jerome Pearring                     /s/ Bob Tatum
-------------------------------------   ---------------------------------------
In his Individual Capacity and           By its C.E.O G. Robert Tatum III
For any relevant corporate capacity.

Date:       7/3/03                                Date:    June 24, 2003
         ---------------------------                     ----------------------SETTLEMENT AGREEMENT
                              --------------------

         This Settlement Agreement is hereby executed by and between Victor
Corral (Plaintiff) and BEVsystems International, Inc. (Defendant), effective the
date of execution contained herein.

Whereas the parties have agreed to settle their disputes without further
litigation.

I.       The parties hereby agree to exchange the following consideration:

         1-       The Defendant will pay Plaintiff the total sum of $125,370.58
                  as satisfaction for any and all wages, wage claims, claims for
                  benefits, demands, damages, costs, fees or severance due or
                  that may become due(The Consideration).

         2-       The Defendant will issue the Plaintiff 50,000 shares of
                  unrestricted S-8 stock in its company upon execution of this
                  agreement and 50,000 shares of unrestricted S-8 stock in its
                  company each 30 days thereafter until Plaintiff receives
                  200,000 shares. Defendant agrees that the Plaintiff's designee
                  only, shall place and sell said shares, with any net proceeds
                  being applied to and deducted from any remaining balance of
                  the Consideration. After the 200,000 shares are issued and
                  sold, if there is any remaining balance the Defendant will pay
                  such balance by making a payment of $5,000 on November 1st
                  2003 and further payments of $5,000 on the first day of each
                  successive month thereafter until the Consideration is fully
                  paid.

<PAGE>

         3-       The Plaintiff will immediately cease all demand, collection,
                  litigation or levy activities: However, if Defendant breaches
                  any provision of this Settlement Agreement including but not
                  limited to any default in the payments of the Consideration
                  then Plaintiff at his sole option shall have the right to
                  terminate this Agreement and to seek satisfaction through a
                  Court of Competent Jurisdiction.

         4-       The Plaintiff will execute a Release that will upon full
                  payment of the Consideration stipulate that all claims against
                  the Defendant are satisfied, including as against any
                  individual principal, subsidiary, parent or subdivision of the
                  Defendant.

         5-       The parties acknowledge that the Consideration constitutes
                  full and final payment, settlement and satisfaction of all
                  claims, invoices, debts, bills, statements and fees which
                  were, are or may have been due arising out of Plaintiff's
                  claims and Complaint, and that said payments and consideration
                  do not constitute any admission of guilt, liability or
                  responsibility whatsoever, except satisfaction of judgments
                  that are in the public record.

         6-       Entire Agreement. This Agreement embodies and constitutes the
                  entire understanding between Plaintiff and Defendant with
                  respect to the transactions contemplated in this Agreement,
                  and all prior or contemporaneous agreements, understanding,
                  representations and statements, oral or written, are merged
                  into this Agreement.

Victor Corral                            BEVsystems International Inc.

/s/ Victor Corral                        /s/ Bob Tatum
-------------------------------------    --------------------------------------
In his Individual Capacity and           By its C.E.O G. Robert Tatum III
For any relevant corporate capacity.

Date:        7/8/03                      Date:     6/24/03
         ---------------------------            -------------------------------CONSULTING AGREEMENT

This Consulting Agreement ("Agreement") is made and effective this 1st day of
September, 2002, by and between, Douglas Cifers ("Consultant"), and BEVsystems
International, Inc. an Florida Corporation ("Company").

Now, therefore, Consultant and Company agree as follows:

1.   ENGAGEMENT.

Company hereby engages Consultant, and Consultant accepts engagement, to provide
to Company the following services:

Serve as a member of the Board of Directors and diligently strive to increase
shareholders equity, and to perform such fiduciary services are customary and
ordinary in performance of a director for a public corporation..

2.   TERM.

Consultant shall provide services to Company pursuant to this Agreement for as
long as Consultant shall be a duly elected member of the Board of directors
subject to the Corporation's Articles and Bye-laws.

3.   PLACE OF WORK.

Consultant shall render services primarily at Consultant's offices, but will,
upon request, provide the services at Company offices or such other places as
reasonably requested by Company as appropriate for the performance of particular
services.

4.   TIME.

Consultant's daily schedule and hours worked under this Agreement on a given day
shall generally be subject to Consultant's discretion. Company relies upon
Consultant to devote sufficient time as is reasonably necessary to fulfill the
spirit and purpose of this Agreement.

5.   PAYMENT.

Company shall pay Consultant the following for services performed pursuant to
this Agreement:

                                     Page 1
<PAGE>

Compensation of $5,000 per month. This compensation shall be paid on the last
day of each month. Such payment shall be in the form of cash or free trading S-8
shares of common stock in the Company. Such shares to be issued in exchange for
services provided or for reimbursable expenses incurred by the Consultant. If
S-8 shares are to be issued they are to have a 25% discount to the closing price
on the OTC:BB on the date of issue.

Company shall bear all of Consultant's expenses incurred in the performance of
this Agreement. Company shall authorize all such expenses in advance.

6.   COVENANT NOT TO COMPETE.

During the term of this Agreement and for a period of two years thereafter,
Consultant shall not, directly or indirectly, either for his own account, or as
a partner, shareholder, officer, director, employee, agent or otherwise; own,
manage, operate, control, be employed by, participate in, consult with, perform
services for, or otherwise be connected with any business the same as or similar
to the business conducted by Company. In the event any of the provisions of this
Section 6 are determined to be invalid by reason of their scope or duration,
this Section 6 shall be deemed modified to the extent required to cure the
invalidity. In the event of a breach, or a threatened breach, of this Section 6,
Company shall be entitled to obtain an injunction restraining the commitments or
continuance of the breach, as well as any other legal or equitable remedies
permitted by law.

7.   CONFIDENTIALITY.

During the term of this Agreement, and thereafter for a period of two (2) years,
Consultant shall not, without the prior written consent of Company, disclose to
anyone any Confidential Information. "Confidential Information" for the purposes
of this Agreement shall include Company's proprietary and confidential
information such as, but not limited to, customer lists, business plans,
marketing plans, financial information, designs, drawing, specifications,
models, software, source codes and object codes. Confidential Information shall
not include any information that:

     A.   is disclosed by Company without restriction;

     B.   becomes publicly available through no act of Consultant;

     C.   is rightfully received by Consultant from a third party.

                                     Page 2
<PAGE>

8.   INDEPENDENT CONTRACTOR.

Consultant is and throughout this Agreement shall be an independent contractor
and not an employee, partner or agent of Company. Consultant shall not be
entitled to nor receive any benefit normally provided to Company's employees
such as, but not limited to, vacation payment, retirement, health care or sick
pay. Company shall not be responsible for withholding income or other taxes from
the payments made to Consultant. Consultant shall be solely responsible for
filing all returns and paying any income, social security or other tax levied
upon or determined with respect to the payments made to Consultant pursuant to
this Agreement.

9.   CONTROLLING LAW.

This Agreement shall be governed by and construed in accordance with the laws of
the State of Florida.

10.  HEADINGS.

The headings in this Agreement are inserted for convenience only and shall not
be used to define, limit or describe the scope of this Agreement or any of the
obligations herein.

11.  FINAL AGREEMENT.

This Agreement constitutes the final understanding and agreement between the
parties with respect to the subject matter hereof and supersedes all prior
negotiations, understandings and agreements between the parties, whether written
or oral. This Agreement may be amended, supplemented or changed only by an
agreement in writing signed by both of the parties.

12.  NOTICES.

Any notice required to be given or otherwise given pursuant to this Agreement
shall be in writing and shall be hand delivered, mailed by certified mail,
return receipt requested or sent by recognized overnight courier service as
follows:

<PAGE>

     If to Consultant:

              Douglas Cifers
              102 Drennen Road
              Suite C-5
              Orlando, FL  32806

     If to Company:

              BEVsystems International, Inc.
              1315 Cleveland St.
              Clearwater, Florida

13.  SEVERABILITY.

     If any term of this Agreement is held by a court of competent jurisdiction
to be invalid or unenforceable, then this Agreement, including all of the
remaining terms, will remain in full force and effect as if such invalid or
unenforceable term had never been included.

14.  INDEMNIFICATION.

     Consultant and Company mutually agree to indemnify and hold the other
party, its shareholders, directors, officers, employees, agents and assignees
harmless against liability for any and all claims arising out of this Agreement.

     IN WITNESS WHEREOF, this Agreement has been executed by the parties as of
the date first above written.

                                             BEVsystems International, Inc.

     By:     /s/ Doug Cifers                 By:    /s/ Bob Tatum
        --------------------------               -----------------------------
        Douglas Cifers                           G. Robert Tatum, CEO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}]]