Document:

EXHIBIT 10.5

Article  10 Appendix A for fiscal year 2005 Item 3.2 Amendment to CEO Employment
Agreement

The  Board  of  Directors  will  make  a  bonus  award  to  the  CEO  based upon
performance.  The  target  bonus  will  be $71,000 and maximum will be $150,000.
Factors  to  be considered are revenue, profit and accomplishment of milestones.EXHIBIT  10.7

                            FIRST AMENDMENT TO LEASE

     THIS  FIRST  AMENDMENT  TO  LEASE  ("Amendment")  dated  July  13, 2004 for
reference  purposes,  is  made and entered into by and between L.A.T. INVESTMENT
CORPORATION,  a  California  corporation  ("Landlord"),  and  COMPUMED,  INC., a
Delaware  corporation  ("Tenant").

                                    RECITALS

The  Amendment  is  made  with  reference to the following facts and objectives:

     A.  Landlord  and  Tenant  entered into a written lease dated June 24, 1999
(the "Lease") in which Landlord leased to Tenant and Tenant leased from Landlord
certain  premises located at 5777 West Century Boulevard, Suite 1285 and 315 Los
Angeles,  California  90045  (the  "Premises").

     B.  Tenant  desires  to  extend the Lease Term, and Landlord agrees to such
extension  on  and  subject  to the terms, covenants and conditions set forth in
this  Amendment.

                                    AGREEMENT

     NOW,  THEREFORE, in consideration of the mutual covenants set forth herein,
Landlord  and  Tenant  do  hereby  amend  the  Lease  as  follows:

     1.  Lease  Term
         -----------

     The  Lease  Tenn  shall be extended for a period of one (1) year ("Extended
Term")  commencing  n  September  1,  2004  and  expiring  on  August  31, 2005.

     2.  Rent
         ----

The  Monthly  Rent  for  the  Premises  shall  be $11,477.75 effective September
1,2004.

First  Amendment  to  Lease
Compumed,  Inc.
July  13,2004
Page  2

     3.  Excused  Rent.
         --------------

     Notwithstanding  section  5.2  of  the Lease, Landlord hereby conditionally
waives  Tenant's  obligation to pay one half ( ) of the Monthly Rent in months 6
and  12  for a total of two (2) months, subject to all the provisions of section
5.2  of  the  Lease.

     RATIFICATION.
     ------------

     Except as modified expressly or by necessary implication hereby, all of the
terms  and  conditions of the Lease shall remain unchanged and in full force and
effect. To the extent the provisions of this Amendment are inconsistent with the
provisions  of  the  Lease,  the  provisions of this Amendment shall control and
supersede  such  inconsistent  provisions  in  the  Lease.

     IN WITNESS WHEREOF, the parties have executed this Amendment as of the date
set  forth  below.

TENANT:

COMPUMED,  INC.,
a  Delaware  corporation

By:  /s/  John  G.  McLaughlin
  ----------------------------

Date  signed:  July  19,  2004

LANDLORD:

L.A.T  INVESTMENT  CORPORATION,
a  California  corporation

By:  /s/Bruce  Nahid
  ------------------

Date  Signed:  August  4,  2004EXHIBIT 4.1

                                PAR VALUE $.001

     CERTIFICATE  NUMBER                                      NUMBER  OF  SHARES

                             JANE BUTEL CORPORATION

              INCORPORATED UNDER THE LAWS OF THE STATE OF FLORIDA

     COMMON  STOCK                                            CUSIP  NUMBER

This  certifies  that  ________________________  is  the  owner  of ____________
____________________  Fully  Paid  and Non-Assessable Shares of Common Stock Par
Value  $.001 Per Share, of Jane Butel Corporation transferable only on the books
of the Corporation by the holder hereof in person or by duly authorized attorney
upon  surrender  of  this certificate properly endorsed. This Certificate is not
valid  unless  countersigned and registered by the Transfer Agent and Registrar.

Witness  the  facsimile  seal of the corporation and the facsimile signatures of
its  duly  authorized  officers.

Date

[CORPORATE  SEAL]

____________________________                     ____________________________
     President                                   Secretary

COUNTERSIGNED:

____________________________
Transfer  Agent  and  Registrar

Attest:_______________________
       Authorized  Signature

<PAGE>

                          (REVERSE SIDE OF CERTIFICATE)

                             JANE BUTEL CORPORATION

The Corporation will furnish to any shareholder upon request and without charge,
a  full  statement  of  the designations, preferences, limitations, and relative
rights  of  the  shares  of  each  class  authorized  to  be  issued and, if the
Corporation is authorized to issue any preferred or special class in series, the
variations  in  the  relative  rights and preferences between the shares or each
such series so far as the same have been fixed and determined, and the authority
of  the  board  of  directors  to  fix  and  determine  the  relative rights and
preferences  of  other  series.EMPLOYMENT AGREEMENT
                              --------------------

     THIS AGREEMENT is made this 27th day of December, 2004, by and between Jane
Butel,  residing  at  138 Armijo Court, Corrales, New Mexico, 87048 (hereinafter
"Butel") and Jane Butel Corporation (hereinafter "JBC") a New Mexico Corporation
whose  registered  office  is  400  Gold SW, Suite 750, Albuquerque, New Mexico,
87102.

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

     JBC  desires to employ Butel and Butel desires to accept such employment by
JBC  upon  the  terms  and  conditions  set  forth  herein.

     NOW  THEREFORE,  in  consideration  of  the  premises and of other good and
valuable consideration, the receipt of which is hereby acknowledged, the parties
hereto  agree  as  follows:

1.     JBC  hereby  employs  Butel  and  Butel  accepts such employment upon and
subject  to  all  the  terms  and  conditions  hereinafter  set  forth.

2.     Butel  shall  at  all  times  during  the  term hereof be employed as the
general  manager  and  chief  executive officer of JBC.  In that capacity, Butel
shall  supervise,  administer,  manage  and  direct all aspects of the business,
operations and affairs of JBC, subject to the supervision, direction and control
of  the  Board  of  Directors  of  JBC.

3.     Butel's  employment  hereunder  shall  be  for  a term of ten (10) years,
commencing  on  January  1, 2005, renewable for a further term to be negotiated.

4.     Butel's  salary:

A.     During  the first year of the term of this Agreement, Butel shall receive
as compensation for her services hereunder a basic annual salary of $120,000.00.
This compensation shall increase 5% every six (6) months during the term of this
Agreement  starting  January  1,  2005.  Butel's  basic annual salary, each year
during  the  term  hereof,  shall  be  paid  in  twenty-six  (26)  twice monthly
installments or with such other frequency as JBC may, from time to time, pay its
senior  employees.  However, as JBC revenue reaches certain benchmarks as agreed
by  the Board, Butel's salary shall be increased to be on par with the salary of
similarly  placed  Fortune  500  executives.

B.     On or about November 23, 2004, JBC authorized 1,000,000 shares of Class A
Convertible  Preferred  Stock which is convertible into common stock at the rate
of  one  (1) share preferred to one hundred (100) shares common.  In addition to
the  compensation  referred  to  in paragraph A above, this stock shall be given
Butel  as  part  of  her  compensation on a quarterly basis, starting January 1,
2005.  Thirty-two  thousand,  five  hundred  (32,500)  shares will be given each
quarter  until  1,000,000 so designated shares is depleted.  Once this stock has
been  exhausted, an incentive compensation program will be instituted for Butel.

5.     Except  as  is  herein  otherwise  provided,  during  the  period  of her
employment  hereunder (except during vacation periods and periods of absence due
to  illness  or  other  incapacity)  Butel  shall  devote her full working time,
attention  and  energies to the business of JBC and its affiliates, subsidiaries
and divisions if any, both domestic and international, and to the performance of
her  duties  hereunder.  Accordingly,  Butel  shall not, during the term of this
Agreement,  actively  engage in any other business endeavor, whether or not such
business  endeavor  is pursued for profit or other pecuniary advantage; it being
understood,  however, that any provision hereof to the contrary notwithstanding,
Butel  may  for her own account, either individually, as the principal of JBC or
through  any  other  entity  of  which  Butel  is a principal: (i) engage in the
preparation, writing, editing, compiling, publishing and distributing in any way
and  in any form or medium, of cookbooks, recipes or other works related to food
of  any  and  all  kinds; and (ii) endorse the products of, or consult with, any
reputable  person,  firm  or  entity who or which seeks expertise or advice with
regard  to  projects  or  products  unrelated  to, and not competitive with, the
business  and  products  of  JBC;  it being understood that Butel shall give JBC
prior  written notice of any such activity but need not obtain the prior oral or
written  consent  of  JBC  with  respect  thereto.  Any  provision hereof to the
contrary notwithstanding, it is understood and agreed that any business activity
unrelated  to  Butel's employment by JBC which is permitted by the terms of this
paragraph  6,  shall  under  no  circumstance  materially  interfere  with  her
performance  of  her duties under this Agreement.  No provision hereof, however,
shall  be construed as preventing or restricting Butel from investing her assets
in  such  form  or  manner  as  will not require any services on her part in the
operation of the companies or other entities in which such investments are made,
provided  that any such company or entity is not a competitor of JBC, or Butel's
ownership  thereof  constitutes  less  than one (1%) percent of the total equity
interest  therein.

6.     JBC shall provide Butel with a new, leased automobile of her choice every
three  to four years that this agreement is in effect.  Butel is also authorized
to  incur  and  shall  be  reimbursed  for:

A.     All  reasonable  automobile  expenses  including  insurance;

B.     All  reasonable  business  expenses in connection with the performance of
her  duties  hereunder,  including  without  limitation:

(i).     Expenses  for  travel;

(ii)     Business  entertainment;

(iii)     Personal  appearance  and  wardrobe.

Provided  that  any  expenses  for which Butel seeks reimbursement shall be of a
character  deductible  by  JBC  as  a  business  expense  for federal income tax
purposes  and are generally consistent in amount with a budget prepared by Butel
and  previously  submitted  by  her  to the Board of Directors of JBC.  JBC will
reimburse  Butel  for  all  such expenses upon the presentation by Butel to JBC,
from  time  to  time,  of  an  itemized  account  of  such  expenses.

7.     Butel  shall be entitled to six (6) weeks of vacation during each year of
the term hereof, during which vacation period or periods her basic annual salary
shall be paid in full.  Butel shall have the right to take such vacation at such
time  or  times  throughout  the  year  as  she may determine in her discretion,
consistent,  however,  with  the performance of her duties under this Agreement.

8.     JBC  shall at all times during the term hereof maintain, at its sole cost
and  expense,  policies  of  life  insurance on the life of Butel, the net death
benefit  of  which  shall  at  no time be less than $250,000.00, (by which it is
meant  that  the  benefits  payable  under  said  policy or policies shall equal
$250,000.00  net of any repayment requirements) as to which policies Butel shall
be  entitled  to  designate  the beneficiary.  JBC shall at all times during the
term  hereof  maintain  at its sole cost and expense major medical insurance for
Butel and all eligible members of her immediate family, and disability insurance
for  Butel  with  such  coverage  extending  for  the  length of this Agreement.

9.     Butel  and  JBC  shall  execute  an  exclusive  licensing  agreement
contemporaneous with the execution of this Agreement whereby Butel shall license
to  JBC  the right to use Butel's name in association with products and services
marketed  by  JBC  under  terms and conditions detailed in that Agreement, which
shall  be  binding  on  JBC  and  Butel.

10.     Butel  agrees  that  for  a  period  of two (2) years from and after the
termination  of this Agreement, she shall not as stockholder, officer, director,
employee, consultant, agent or otherwise, engage, directly or indirectly, in any
business  activity  which  is  competitive  with  the  business  of JBC as it is
constituted  on the day on which this Agreement terminates all provided that JBC
continues  to do business after termination.  Butel agrees that a violation or a
threatened  violation  of this paragraph by her will be enjoined in an action by
JBC  against  Butel.  If  such an action is instituted by JBC, Butel agrees that
she  shall  not  raise  a defense therein.  However, Butel shall be permitted to
engage  individually  in  the writing of food, travel, business and biographical
stories  and  books  and  conduct  personal  appearances  and  cooking  schools.

11.     Butel  acknowledges  that  in the course of her employment she will have
access to confidential records, lists, data and other trade secrets belonging to
JBC and used in the course of its business.  Accordingly, during the term of her
employment  hereunder,  and at all times thereafter, Butel shall not directly or
indirectly  disclose  or  use  any  such  information, except as required in the
course  of her employment or to the extent that such information has passed into
the  public  domain  by means other than a breach hereof by Butel.  All records,
lists,  data  and  the  like  relating  to  the  business of JBC which Butel may
prepare, use or come into contact with, shall be and remain the sole property of
JBC and shall not be removed by Butel from JBC's place of business except in the
ordinary course of her performance of her duties hereunder, nor copied, retained
or  digested  by  Butel  without  the  prior  consent  of  JBC.

12.     This  Agreement  shall  inure  to the benefit of and be binding upon the
parties  hereto  and  upon their respective heirs, successors and, to the extent
permitted,  their  assigns.

13.     Neither  party  shall  have the right to assign this Agreement or any of
her  or  its  rights,  duties  or  obligations  hereunder, except with the prior
written  consent  of  the  other  party  hereto.

14.     The provisions of this Agreement are severable and in the event that any
part  or  parts  hereof  are  judicially  determined  to  be unenforceable, such
determination  shall  not affect the validity of enforceability of the remainder
hereof.

15.     This  Agreement,  having  been negotiated and executed in New Mexico and
New  Mexico  being the principal place in which Butel's duties hereunder will be
performed, shall in all respects be governed by and construed in accordance with
the  laws  of  the  State  of  New  Mexico.

16.     All  notices  required  or  permitted  hereunder shall be in writing and
shall  be  given  by  registered  or  certified  mail, return receipt requested,
addressed  to  the  respective party at her or its address as shown above, or to
such  other  address  as  either  party  may  hereafter fix by notice.  All such
notices  shall  be  deemed  given  five  (5)  days  after  mailing as aforesaid.

17.     JBC warrants and represents that all necessary corporate action has been
taken  in order to authorize and approve the execution and performance hereof by
JBC.

18.     This  Agreement  integrates the entire understanding between the parties
with  respect  to  the subject matter hereof and incorporates and supersedes any
and  all  prior  or contemporaneous oral or written agreements or understandings
with respect thereto.  The parties acknowledge, however, that this Agreement has
been  executed  simultaneously  with  the  Licensing  Agreement  referred  to in
paragraph  11  above and which is incorporated by reference into this Agreement.
This  agreement  may not be amended, modified or changed, except by a subsequent
writing  signed  by  both  parties.

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

______________________________          _______________________________
JANE  BUTEL                             JANE  BUTEL  CORPORATION
                                   By:  _______________________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}]]