Document:

First Amendment to Option Agreement for 625 Townsend Street, San Francisco

 EXHIBIT 10.08 
  
 FIRST AMENDMENT TO OPTION AGREEMENT 
  
 THIS FIRST AMENDMENT TO OPTION AGREEMENT (“First Amendment”) is made and entered into as of this 14th day
of August 2003 by and between Townsend 625 LLC, a California limited liability company (“Seller”), and Macromedia, Inc., a Delaware corporation (“Buyer”). 
  
 RECITALS 
  
 This First Amendment is made with respect to the following facts and circumstances: 
  
 A.    Seller and Buyer entered into that certain Option
Agreement (“Option Agreement”) dated July 16, 2003 
  
 B.    Seller and Buyer desire to amend and modify the Option Agreement in accordance with the provisions of this First Amendment. 
  

COVENANTS 
  
 NOW THEREFORE, in consideration of the mutual covenants contained herein, Seller and Buyer agree as follows: 
  
 1.    Purchase Price.  The first
sentence of Section 3 of the Option Agreement is modified to read as follows: 
  
 “Buyer shall pay, as the total Purchase Price for the Property (“Purchase Price”), the sum of Eight Million Eight Hundred and Fifty Thousand Dollars ($8,850,000).” 
  
 2.    Counterparts.  This First
Amendment may be executed in counterparts, each of which will constitute an original. This Agreement shall only be effective if a counterpart is signed by both Seller and Buyer. Any counterpart of this Agreement executed and delivered by facsimile
shall constitute an original. 
  
 3.    Miscellaneous.  Any inconsistency between the provisions of this First Amendment and the provisions of the Purchase Agreement shall be governed by the provisions of the First Amendment. Except as
otherwise specifically defined in this First Amendment, all defined terms as employed in this First Amendment shall have the same meaning as ascribed to such terms in the Purchase Agreement. Except as specifically modified by the provisions of this
First Amendment, the Purchase Agreement shall remain in full force and effect. 

 IN WITNESS WHEREOF, Seller and Buyer have executed this First Amendment as of the date and year first
above written. 
  

	 SELLER:
  
 Townsend 625, LLC,
 a California limited
liability company
	 	 	 	 BUYER:
  
 Macromedia, Inc.,
 a Delaware
corporation

					
	By:	 	 /s/    RONALDO J.
CIANCIARULO        

	 	 	 	By:	 	 /s/    JAMES L. MORGENSEN

	 	 	 Ronaldo J. Cianciarulo
 Manager
	 	 	 	 	 	 James L. Morgensen
 Vice
PresidentEMPLOYMENT AGREEMENT

     This Employment Agreement ("Agreement") is made and effective this 6th day
of June, 2003, by and between Trans Max Technologies, Inc., a Florida
corporation (the "Company"), Perma-Tune Electronics, Inc.,  a Texas corporation
("Perma-Tune"), and Lonnie Lenarduzzi (the "Employee").

     WHEREAS, the Company recognizes the Employee's potential or future
contribution to the growth and success of the Company and desires to provide for
his continued employment by reinforcing and encouraging his continued attention
and dedication to the Company; and

     WHEREAS, the Company wishes to retain Employee's services and access to the
Employee's experience and knowledge; and

     WHEREAS, the Employee wishes to furnish engineering and advisory services
to the Company upon the terms, provisions and conditions herein provided; and

     WHEREAS, the Employee is willing to commit himself to continue to serve as
an Employee of the Company on the terms and conditions herein provided;

     NOW, THEREFORE, in consideration of the foregoing and the agreements
hereinafter contained, the parties hereby agree as follows:

1.     Recitals.  The "Whereas" clauses recited above are hereby incorporated by
reference as though they were fully set forth herein.

2.     Employment.  The Company hereby agrees to initially employ the Employee
as its employee for engineering and advisory services and the Employee hereby
accepts such employment in accordance with the terms of this Agreement and the
terms of employment applicable to regular employees of the Company.  In the
event of any conflict or ambiguity between the terms of this Agreement or the
terms of employment applicable to regular employees, the terms of this Agreement
shall control.  Election or appointment of Employee to another office or
position, regardless of whether such office or position is inferior to
Employee's initial office or position, shall not be a breach of this Agreement.

3.     Duties of Employee.  During the term of this Agreement (as hereinafter
defined), Employee will, upon reasonable request, provide engineering and
advisory services to the Company as follows:
a.   Services  hereunder  shall  be  provided  as  an  employee  of the Company;
b.   Employee  may  be required to devote up to forty (40) hours per week to the
     Company;  and
c.   Employee  may  perform  engineering  and advisory services as requested by
     the  Company.

Employee shall devote his entire productive time, ability and attention to the
business of the Company and shall perform all duties in a professional, ethical
and businesslike manner.  Employee will not, during the term of this Agreement,
directly or indirectly engage in any other business, either as an employee,
employer, consultant, principal, officer, director, advisor or in any other
capacity, either with or without compensation, without the prior written consent
of the Company.

<PAGE>

4.     Compensation.  Beginning July 1, 2003, the Employee will be paid
compensation as follows:
A  base  salary  of  $90,000 (Ninety Thousand Dollars) per year, and
 after six months time the Company will review and may increase such
     salary or maintain the status quo.
b.   As  additional consideration for signing this Agreement and for agreeing to
     abide  and  be  bound  by  its  terms,  provisions  and restriction, and in
     addition  to all other benefits described in this Agreement, Employee shall
     receive  shares  of  Perma-Tune's  Restricted  Common Stock (the "Shares").
     Employee  shall  earn  10,416 shares per month for each full month services
     are  provided  by  Employee  to  the  Company  until  such time as Employee
     receives  an  aggregate of 250,000 shares of Perma-Tune's common stock. The
     Shares  shall  be  issued  and  delivered  to  Employee on a monthly basis.
     Perma-Tune  grants  employee  piggy-back  registration rights and agrees to
     register  the  resale  of  Employee's  Shares  on  the  first  registration
     statement  filed  by  Perma-Tune.
c.   As  additional consideration for signing this Agreement and for agreeing to
     abide  and  be  bound  by  its  terms,  provisions  and restriction, and in
     addition  to  all  other benefits described in this Agreement, Employee and
     Employee's  spouse  Linda  Decker  shall  collectively enter into the Bonus
     Agreement  attached  hereto  as  Exhibit A with the Company and Perma-Tune.

5.     Exemption from Registration.  The Shares have not been registered under
the Securities Act of 1933, as amended, and certificates representing same shall
bear the following restrictive legend:

"The securities represented by this certificate have not been registered under
the Securities Act of 1933, as amended, or applicable state securities laws, and
may not be sold, transferred, pledged or hypothecated without either: i)
registration under the Securities Act of 1933, as amended, and applicable state
securities laws, or ii) submission to Perma-Tune of an opinion of counsel,
satisfactory to Perma-Tune that said securities and the transfer thereof are
exempt from the registration requirements of the Securities Act of 1933 and
applicable state securities laws."

6.     Benefits.
a.   Holidays.  Employee will be entitled to at least eleven (11) paid holidays
     and five (5) personal days each calendar year. The Company will notify
     Employee on or about the beginning of each calendar year with respect to
     the holiday schedule for the upcoming year. Personal days, if any, will be
     scheduled in advance subject to the requirements of the Company. Such
     personal days must be taken during the calendar year and cannot be carried
     forward into the      next  year.  Employee is not entitled to any personal
     days during the first six  (6)  months  of  employment.

<PAGE>

b.   Vacation.  After six (6) months of continuous employment, Employee shall be
     entitled  to  three  (3)  weeks  of  paid  vacation  each  year.
c.   Sick  Leave.  Employee  shall be entitled to sick leave and emergency leave
     according to the regular policies and procedures of the Company. Additional
     sick  leave  or  emergency  leave over and above paid leave provided by the
     Company,  if any, shall be unpaid and shall be granted at the discretion of
     the  board  of  directors  of  the  Company.
d.   Medical  Insurance.  The  Employee  and his dependents (eligible to receive
     coverage)  shall  be  entitled  to  participate  in  the  Company's  health
     insurance  program.  The  Company shall pay premiums for said insurance for
     the  Employee  and  any dependents eligible to receive coverage under plans
     adopted  by the Company, if any pursuant to the Company's policies for said
     insurance.  In addition to paying the premiums for medical insurance for
     Employee and his dependents, the Company shall reimburse Employee for all
     medical expenses incurred out of pocket, with the exception of elective
     medical procedures or treatment.
e.   Life Insurance. The Company shall obtain key man life insurance on the life
     of Employee with the benefits of such policies split 50% to the Company and
     50%  to  Linda  Decker,  the  wife  of  Employee.
f.   Pension and Profit Sharing Plans. Employee shall be entitled to participate
     in  any pension or profit sharing plan or other type of plan adopted by the
     Company  for  the  benefit  of  its  officers  and/or  regular  employees.
g.   Automobile.  The  Company  will provide to Employee a car allowance of $600
     per  month and reimburse employee for annual car insurance. Employee is
     responsible for all automobile operating expenses incurred by Employee in
     the performance of any of Employee's Company duties.
h.   Expense  Reimbursement. Employee shall be entitled to reimbursement for all
     reasonable  expenses,  including  travel  and entertainment and cell phone,
     incurred by Employee in the performance of Employee's duties. Employee will
     maintain records and written receipts as required by the Company policy and
     reasonably  requested  by  the  board  of  directors  to  substantiate such
     expenses.
i.   Moving  Expenses.  Employee  shall  receive  $25,000  as moving expenses as
     consideration  for  entering  into  this  Agreement

7.     Term.  The term of this Agreement (the "Term") shall begin July 1, 2003
and end on December 31, 2005.  The term shall be for thirty months.  Thereafter,
the Agreement shall be renewed upon the mutual agreement of the Employee and the
Company.  If the Company fails to renew the contract, for reasons other than
cause, the Employee is entitled to three (3) months compensation at the rate in
effect at the time of the non renewal. If Employee fails to renew, then Employee
is bound by the terms of section 10.

In the event the Company is acquired or is the non-surviving party in a merger,
or sells all or substantially all of its assets, this Agreement shall remain in
full force and effect and all stock will be treated as earned by Employee.

<PAGE>

8.     Termination by the Company.
a.   With  Cause. The Company may terminate the Employee's employment under this
     Agreement  at  any time for cause. For purposes of this Agreement, the term
     "cause"  shall  include  one  or  more of the following: (i) misconduct and
     failure  by  the  Employee  to  observe  or  perform  any of his duties, as
     contemplated  in  this  Agreement,  as Employee; (ii) conviction of a crime
     involving  moral  turpitude,  theft,  embezzlement or continuing alcohol or
     drug  abuse;  (iii)  fraudulent  conduct  by  the  Employee  or  any act of
     dishonesty  in connection with the Company's business; or (iv) unauthorized
     competition  with the Company, including the unauthorized use or disclosure
     of  trade  secrets, confidential or proprietary business information or the
     substantial  breach  of  any  material  covenants.  It  is  understood  and
     acknowledged  by  the  Company  that  the Company shall provide thirty days
     written  notice  to  Employee for those items referenced in (i), (iii), and
     (iv)  above  specifying  the  cause for termination and provide Employee an
     opportunity  to  cure  such default before such default will serve as cause
     for  termination.

     In  the event of termination for cause, the Employee shall only be entitled
     to  receive  base  salary  or benefits set forth in Section 4 and Section 6
     hereof,  through  the  date  of  termination.

b.   Effect  of Termination. In the event this Agreement is terminated for cause
     by the Company, Employee shall be entitled to maintain 10,416 Shares of the
     Shares  issued  and/or issuable to Employee pursuant to Section 4(b) hereof
     for  each  full  month  in  which  services  were  provided  by  Employee.

9.     Confidential Information and Trade Secrets.  During the term of this
Agreement and thereafter, the Employee shall not, except as may be required to
perform his duties hereunder or as required by applicable law or court order,
disclose to others for use, whether directly or indirectly, any Confidential
Information regarding the Company.  The Employee acknowledges that such
Confidential Information is specialized, unique in nature and of great value to
the Company, and that such information gives the Company a competitive
advantage.  Upon the termination of his employment, the Employee will promptly
deliver to the Company all documents maintained in any format (including
electronic or print) and all copies thereof in his possession which contain any
Confidential Information.

The Employee agrees that all styles, designs, lists, materials, books, files,
reports, correspondence, records, and other documents ("Company Material") used,
developed or prepared by, provided to or made available to the Employee, shall
be and shall remain the property of the Company.  Upon the termination of his
employment and/or the expiration of this Agreement, all Company Materials shall
be returned immediately to the Company, and Employee shall not make or retain
any copies thereof.  The Employee understands and agrees that in the course of
employment with the Company, the Employee will obtain access to and/or acquire
Company trade secrets, including Confidential Information which are solely the
property of the Company.  Therefore, to protect such trade secrets, the Employee
promises and agrees that during the term of this Agreement, and for a period of
five (5) years thereafter, he will not influence or attempt to influence
employees, customers, vendors, landlords or suppliers of the Company or any
party in contract with the Company providing any services to the Company, either
directly or indirectly, to divert their employment or business to or with any
individual, partnership, firm, corporation or other entity then in competition
with the business of the Company.

<PAGE>

"Confidential Information" shall mean information about the Company, the
Company's respective clients and customers, and proprietary information as
defined herein, that is not available to the general public and that was learned
or developed by the Employee or developed, used or planned to be used by the
Company during the term of Employee's employment by the Company, including,
without limitation, any data, formulae, methods, information, proprietary
knowledge, trade secrets, client and customer lists and all papers, resumes,
records and other documents containing such Confidential Information.

10.     Non-Competition Covenant.  Except as otherwise provided herein, the
Employee agrees that during the term of this Agreement and for a period of one
(1) year after the termination of this Agreement, he will not directly or
indirectly, without the prior written consent of the Company, provide
engineering and advisory services or other services with or without pay, or own,
manage, operate, join, control, participate in, or be connected as a
stockholder, partner, or otherwise, with any business, individual, partner,
firm, corporation, or other entity which is in competition with the Company.

11.     Notices.  For the purpose of this Agreement, notices, demands and all
other communications provided for in this Agreement shall be in writing and
shall be deemed to have been duly given when delivered personally, or by private
overnight courier or mail services, postage prepaid or (unless otherwise
specified) mailed by United States registered or certified mail, return receipt
requested, postage prepaid, addressed as follows:

If to Company:     Trans Max Technologies, Inc.
                   199 Trade Zone Drive
                   Ronkonkoma, New York 11779

If to Employee:    Lonnie Lenarduzzi
                   3 Grace Court
                   Center Moriches, New York 11934

12.     Modification.  No modification, change, addition, rescission, release,
amendment or waiver of this Agreement and no approval, consent, or authorization
required by any provision of this Agreement, may be made by any person except by
a written agreement by a duly authorized officer or partner of the Company and
the Employee.

13.     Waiver.  No delay, waiver, omission or forbearance (whether by conduct
or otherwise) by any party hereto at any time to exercise any right, option,
duty or power arising out of breach or default by the other party of any of the
terms, conditions, or provisions of this Agreement to be performed by such other
party shall constitute a waiver by such party or a waiver of such party's rights
to enforce any right, option or power as against the other party or as to
subsequent breach or default by such other party, and no explicit waiver shall
constitute a waiver of similar or dissimilar terms, provisions or conditions, at
the same time or at any prior or subsequent time.

<PAGE>

14.     Cumulative Rights.  The rights of the Company hereunder are cumulative
and no exercise or enforcement by the Company of any right or remedy hereunder
will preclude the exercise or enforcement by the Company of any other right or
remedy hereunder or which the Company is entitled by law to enforce.

15.     No Assignment.  The right of the employee or any other beneficiary under
this Agreement to receive payments may not be assigned, pledged or encumbered,
except by will or by the laws of descent and distribution, without the
permission of the Company which it may withhold in its sole and absolute
discretion.

16.     Review of Agreement.  The Employee has had full and adequate opportunity
to read and review this Agreement and to be thoroughly advised of the terms and
conditions of this Agreement by an attorney or other personal representative.

17.     Binding Agreement.  This Agreement and all rights of the Employee
hereunder shall inure to the benefit of and be enforceable by the Employee's
personal or legal representatives, executors, administrators, successors, heirs,
distributes, devisees and legatees.  In addition, this Agreement and the
obligations and rights of the Company hereunder shall be binding on any person,
firm, or corporation which is a successor-in-interest to the Company.

18.     Final Agreement.  This Agreement supersedes and terminates all prior
agreements, either oral or in writing, between the parties and therefore,
representations, inducements, promises or agreements alleged by either the
Company or the Employee that are not contained in this Agreement will not be
enforceable.  There are no other oral or written understandings or agreements
between the Company and the Employee relating to the subject matter of this
Agreement.  This Agreement will not supersede any written agreements or
contracts that are signed concurrently with this Agreement.

19.     Governing Law.  This Agreement shall be construed and enforced in
accordance with the laws of the State of New York.

20.     Headings.  Headings used in this Agreement are provided for convenience
only and shall not be used to construe meaning or intent.

21.     Number and Gender.  Whenever used, the singular shall include the
plural, the plural the singular, and the use of any gender shall be applicable
to all genders.

<PAGE>

22.     Counterparts.  This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same instrument.

23.     Severability.  All provisions of this Agreement are severable and this
Agreement will be interpreted and enforced as if all completely invalid or
unenforceable provisions were not contained herein and partially valid and
enforceable provisions will be enforced to the extent valid and enforceable.  If
any applicable law or rule of any jurisdiction requires a greater prior notice
of the termination of this Agreement than is required hereunder or the taking of
some other action not required hereunder, or if under any applicable law or rule
of any jurisdiction, any provision of this Agreement or any specification,
standard or operating procedure prescribed by the Company is invalid or
unenforceable under applicable law then the prior notice or other action
required by such law or rule will be substituted for the notice requirements
hereof, or such invalid or unenforceable provision, specification, standard or
operating procedure will be modified to the extent required to be valid and
enforceable.  Such modifications to this Agreement will be effective only in
such jurisdiction.

24.     Arbitration.  The parties agree that they will use their best efforts to
amicably resolve any dispute arising out of or relating to this Agreement.  Any
controversy, claim, or dispute that cannot be so resolved shall be settled by
final binding arbitration in accordance with the rules of the American
Arbitration Association and judgment upon the award rendered by the
arbitrator(s) may be entered in any court having jurisdiction thereof.  Any such
arbitration shall be conducted in Suffolk County, New York or such other place
as may be mutually agreed upon by the parties.  Within fifteen (15) days after
the commencement of the arbitration, each party shall select one person to act
as arbitrator, and the two arbitrators so selected shall select a third
arbitrator within ten (10) days of their appointment.  Each party shall bear an
equal share of the arbitrator's expenses and administrative fees of arbitration,
and the losing party shall reimburse the winning party for attorney's fees,
arbitrator fees, and any other out of pocket expenses.

<PAGE>

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date first above written.

Trans Max Technologies, Inc.

By: /s/ Peter Mergenthaler__

Printed Name: Peter Mergenthaler
             -----------------------

Its: Chief Executive Officer
------------------------------------

Perma-Tune Electronics, Inc.

By: /s/ Linda Decker
------------------------------------

Printed Name: Linda Decker
             -----------------------

Its: Chief Financial Officer
------------------------------------

Employee

/s/ Lonnie Lenarduzzi
------------------------------------
Lonnie Lenarduzzi

<PAGE>

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