Document:

EXHIBIT 10.17

                             SAGAMORE HOLDINGS, INC.
                             STOCK OPTION AGREEMENT

         A Stock Option (the "Option") is hereby granted by SAGAMORE HOLDINGS,
INC. a Florida corporation (the "Company"), to the person named below (the
"Optionee"), for and with respect to the common stock of the Company, $0.001 par
value per share ("Common Stock"), subject to the following terms and conditions:

           Name of the Optionee:                             Daniel Shea

           Number of Shares Subject to the Option:           2,500,000

           Option Price Per Share:                           $0.001

           Date of Grant:                                    September 17, 2004

         1. GRANT OF OPTION. Upon the terms and subject to the conditions set
forth herein and in the Sagamore Holdings, Inc. 2004 Stock Incentive Plan
("Plan"), the terms of which are hereby incorporated herein by reference, and in
consideration of the agreements of the Optionee set forth herein, the Company
hereby grants to the Optionee an option to purchase from the Company the number
of shares of Common Stock set forth above.

         2. TERM OF OPTION. The term of the Option shall be five (5) years,
subject to the earlier termination for the reasons set forth in the Plan. Note
that the term of the Option will terminate earlier in the event the Optionee is
no longer employed by the Company, its subsidiaries or any other Company such
Optionee was an employee of on the date of grant.

         3. VESTING. The Option shall be vested immediately.

         4. EXERCISE SCHEDULE. The Option shall be excisable at any time until
the Option is terminated or expires.

         5. ACCEPTANCE BY THE OPTIONEE. The exercise of the Option is
conditioned upon the acceptance by the Optionee of the terms and conditions set
forth herein and in the Plan, as amended from time to time, as evidenced by her
execution of this agreement and the return of an executed copy hereof to the
Company at the address set forth in Section 6 hereof no later than thirty (30)
days from the date hereof.

         6. NOTICE OF EXERCISE. Written notice of an election to exercise any
portion of the Option, specifying the portion thereof being exercised, shall be
delivered by personal delivery or by certified mail, return receipt requested,
by the Optionee to:

           Sagamore Holdings, Inc.
           Attention: Joseph Donohue/Robert Farrell
           33 South Wood Avenue, Suite 600
           Iselin, NJ 08830

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         7. EXERCISE; NO TRANSFER OF OPTION. The Option may be exercised by the
Optionee during her lifetime and by the Optionee's Beneficiary (as defined in
the Plan) pursuant to Section 6.3(e)(i)(C) of the Plan and may not be
transferred other than by will or the applicable laws of descent or
distribution. The Option shall not otherwise be transferred, assigned, pledged
or hypothecated for any purpose whatsoever and is not subject, in whole or in
part, to execution, attachment or similar process. Any attempted assignment,
transfer, pledge or hypothecation or other disposition of the Option, other than
in accordance with the terms set forth herein, shall be void and of no effect.

         8. EFFECT ON EMPLOYMENT. The Option does not confer on the Optionee any
right to employment by the Company, nor does it interfere in any way with (i)
any right which the Company may have to terminate the employment or alter the
duties of the Optionee at any time; or (ii) any right which the Optionee may
have to terminate his employment at any time.

         9. SHAREHOLDER'S AGREEMENT. At the sole discretion of the Company, the
exercise of the Option is conditioned upon the Optionee executing a
shareholder's agreement between the Company and the current shareholders, at the
time the Option is exercised.

         10. CANCELLATION; CHANGE. In the event the Option shall be exercised in
whole, this agreement shall be surrendered to the Company for cancellation. In
the event the Option shall be exercised in part, or a change in the number of
designation of the Common Stock shall be made, this agreement shall be delivered
by the Optionee to the Company for the purpose of making appropriate notation
thereon, or of otherwise reflecting, in such manner as the Company shall
determine, the partial exercise or the change in the number or designation of
the Common Stock.

         11. NEW JERSEY LAW GOVERNS. The Option and this agreement shall be
construed, administered and governed in all respects under and by the laws of
the State of New Jersey without regard to conflicts of laws principles thereof.

         12. INCONSISTENCIES. In the event of any inconsistency between the
terms hereof and the terms of the Plan, the terms of the Plan shall govern and
the inconsistent terms hereof shall be deemed stricken.

                     [SIGNATURE BLOCK ON THE FOLLOWING PAGE]

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         IN WITNESS WHEREOF, the Company has executed this Stock Option
Agreement on September __, 2004.

                                SAGAMORE HOLDINGS, INC.

                                By: /s/Robert Farrell
                                    ------------------------------------
                                Name: Robert Farrell
                                Its: President

         The undersigned hereby accepts the foregoing Option and the terms and
conditions hereof.

                                /s/ Daniel Shea
                                --------------
                                Name: Daniel Shea

                                Date:    9/15/04
                                         -------

                                       3EXHIBIT 10.18

                         BUSINESS DEVELOPMENT AGREEMENT

         THIS BUSINESS DEVELOPMENT AGREEMENT (the "Agreement") is effective as
of September 20, 2004 by and between SAGAMORE HOLDINGS, INC., a Florida
corporation (the "Company"), and CELERITY SYSTEMS, INC., a Delaware corporation
("Celerity").

                                    RECITALS:

         WHEREAS, the Company desires to engage Celerity, and Celerity desires
to be engaged by the Company, to provide certain business development services
in accordance with and subject to the terms and conditions of this Agreement.

         NOW, THEREFORE, for and in consideration of the premises and the mutual
covenants and agreements herein contained, and for other valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereby
agree as follows:

                                   AGREEMENT:

                                   ARTICLE 1.
                                   ENGAGEMENT

         1.1. Engagement. The Company hereby engages Celerity, and Celerity
hereby accepts such engagement.

         1.2. Services. Upon the request of the Company, Celerity shall perform
the services set forth on Exhibit "A" hereto.

                                   ARTICLE 2.
                               TERM OF ENGAGEMENT

         2.1. Term. The engagement of Celerity pursuant to the terms hereof
shall commence on the date hereof and shall continue on a month-to-month basis
until terminated by either party by providing thirty (30) days prior written
notice to the other party (the "Term").

         2.2. Independent Consultant. The Company and Celerity acknowledge and
agree that Celerity is an independent contractor and that nothing in this
Agreement is intended to cause Celerity to be a fiduciary, agent, joint
venturer, legal representative, partner or servant of the Company for any
purpose whatsoever. Celerity agrees that the Company shall in no event assume
liability for or be deemed liable hereunder as a result of any contract,
agreement, understanding, debt or obligation entered into by Celerity on the
Company's behalf without the Company's prior written consent. Celerity shall be
solely responsible for and shall pay all taxes, assessments, and fees incident
to the performance of his obligations pursuant to this Agreement.

<PAGE>

                                   ARTICLE 3.
                           COMPENSATION OF CONSULTANT

         3.1. Compensation. As compensation for the services to be provided
hereunder, the Company shall pay Celerity a fee payable by the issuance of
7,500,000 shares of the Company's common stock, par value $0.001 per share. This
fee shall be deemed fully earned as of the date hereof.

                                   ARTICLE 4.
                                  MISCELLANEOUS

         4.1. Notices. All notices hereunder, to be effective, shall be in
writing and shall be deemed delivered when delivered by hand, upon confirmation
of receipt by telecopy or when sent by first-class, certified mail, postage and
fees prepaid, as follows:

                  (a)      for notices and communications to the Company

                           Sagamore Holdings, Inc.
                           33 Wood South Avenue, Suite 600
                           Iselin, NJ  08830
                           Attention: Robert Farrell, Chief Executive Officer

                  (b)      for notices and communications to Celerity:

                           Celerity Systems, Inc.
                           122 Perimeter Park Drive
                           Knoxville, TN 37922
                           Attention: Robert B. Legnosky

By notice complying with the foregoing provisions of this Section, each party
shall have the right to change the address for future notices and communications
to such party.

         4.2. Modification. This Agreement constitutes the entire Agreement
between the parties hereto with regard to the subject matter hereof, superseding
all prior understandings and agreements, whether written or oral. This Agreement
may not be amended or revised except by a writing signed by both of the parties
hereto.

         4.3. Assignment. This Agreement and all rights hereunder are personal
to Celerity and may not, unless otherwise specifically permitted herein, be
assigned by it. Notwithstanding anything else in this Agreement to the contrary,
the Company may assign this Agreement to and all rights hereunder shall inure to
the benefit of any person, firm or corporation succeeding to all or
substantially all of the business or assets of the Company whether by purchase,
merger or consolidation.

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         4.4. Captions. Captions herein have been inserted solely for
convenience of reference and in no way define, limit or describe the scope or
substance of any provision of this Agreement.

         4.5. Severability. The provisions of this Agreement are severable, and
the invalidity of any provision shall not affect the validity of any other
provision. In the event that any arbitrator or court of competent jurisdiction
shall determine that any provision of this Agreement or the application thereof
is unenforceable because of the duration or scope thereof, the parties hereto
agree that said arbitrator or court in making such determination shall have the
power to reduce the duration and scope of such provision to the extent necessary
to make it enforceable, and that the Agreement in its reduced form shall be
valid and enforceable to the full extent permitted by law.

         4.6. Governing Law. This Agreement shall be construed under and
governed by the laws of the State of New Jersey without regard to its principles
of conflicts of laws. The parties hereto agree that except as otherwise provided
in this Agreement, any claim or dispute arising under or in connection with this
Agreement shall be submitted for adjudication exclusively in Middlesex County,
New Jersey and each of the parties hereto expressly agrees to be bound by such
selection of jurisdiction and venue for purposes of such adjudication.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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         IN WITNESS WHEREOF, the parties hereto have caused this Business
Development Agreement to be executed by their representatives thereunto duly
authorized.

                                SAGAMORE HOLDINGS, INC.

                                By: /s/ Robert Farrell
                                    -------------------------------------------
                                    Name: Robert Farrell
                                    Title: President

                                CELERITY SYSTEMS, INC.

                                By: /s/ Robert Legnosky
                                    --------------------------------------------
                                Name: /s/ Robert Legnosky
                                      ------------------------------------------
                                Title: /s/ President & CEO
                                       -----------------------------------------

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                                   EXHIBIT "A"
                             DESCRIPTION OF SERVICES

         CELERITY SYSTEMS SHALL, UPON REQUEST, ASSIST THE COMPANY IN MANAGERIAL
ASSISTANCE, INCLUDING SIGNIFICANT GUIDANCE AND COUNSEL IN MANAGEMENT, OPERATIONS
OR BUSINESS OBJECTIVES AND POLICIES. SUCH ASSISTANCE MAY INCLUDE STRATEGIC AND
FINANCIAL PLANNING, DESIGNING BUDGETS AND CONTROL SYSTEMS.

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