Document:

EXHIBIT 10.2

ENGlobal Corporation                              Executive Level Incentive Plan
--------------------------------------------------------------------------------

1.   PURPOSE AND EFFECTIVE DATE

     1.1 The purpose of this Executive Level Incentive Plan (this "Plan") is to
provide financial incentives to certain corporate officers (the "Participants")
of ENGlobal Corporation ("ENGlobal" or the "Company") to use their best efforts
on behalf of the Company and to provide bonuses commensurate with the industry
peer group if the Company is successful in raising earnings per share.

     1.2 This Plan was approved by the Board of Directors on December 16, 2004
and shall be effective as of January 1, 2005.

2.   ELIGIBLE PARTICIPANTS

     The Participants in this Plan shall be the Chief Executive Officer,
President, Chief Financial Officer, and such other participants as the Board of
Directors may designate from time to time.

3.   BONUS POOL AND BONUS PAYMENTS

     The "Bonus Pool" (herein so called) from which bonuses shall be paid to
Participants under this Plan shall be calculated as follows:

     3.1 If the Company's earnings per share ("EPS") for the year for which the
bonus is being paid (the "Current Year"), less the amount of the bonus paid
pursuant to this Section 3.1, equals or exceeds EPS in the immediately preceding
calendar year (the "Base Year"), then the Company shall contribute $100,000 to
the Bonus Pool.

     3.2 In addition, if EPS for the Current Year is more than 20% higher than
the EPS for the Base Year, then the Company shall contribute an additional
amount to the Bonus Pool, which shall be calculated as follows: (i) the amount
by which Current Year EPS exceeds 120% of Base Year EPS shall be multiplied by
shares outstanding; (ii) the result of subsection (i) shall be divided by the
amount equal to 100 minus the Current Year effective tax rate in order to
determine the pre-tax earnings upon which the Bonus Pool contribution shall be
calculated; (iii) the amount determined in subsection (ii) shall be multiplied
by 25% and contributed to the Bonus Pool.

     3.3 Notwithstanding anything herein to the contrary, no Participant shall
be entitled to a bonus hereunder that is greater than the Participant's annual
salary for the year for which the bonus is paid.

     3.4 Bonus payments, if due hereunder, will be made within 75 days following
the end of each year.

<PAGE>

ENGlobal Corporation                              Executive Level Incentive Plan
--------------------------------------------------------------------------------

4.   BONUS DETERMINATIONS

     The amount of the Bonus shall be divided among the CEO, who shall receive
_% of the Bonus Pool, the President, who shall receive _% of the Bonus Pool, and
the Chief Financial Officer, who shall receive _% of the Bonus Pool.

5.   MISCELLANEOUS

     5.1 This Bonus Plan shall be governed by the laws of the State of Texas,
excluding choice of law and conflict of law principles that direct the
application of the laws of a different state. The Board of Directors is hereby
authorized to resolve any ambiguities in this Plan.

     5.2 This Bonus Plan represents the sole Bonus Plan covering the
Participants, and all rights to participate in any other Bonus Plans (other than
any plan under which the Company may award options or other equity
consideration) are hereby revoked in their entirety. This Bonus Plan may be
modified or amended at any time by the Board of Directors of the Company, with
or without prior notice to the Participants.

     5.3 There are no third-party beneficiaries to this Bonus Plan.

     5.4 This Bonus Plan is an unfunded and unsecured compensation arrangement.
It is not governed by the Employee's Retirement and Income Security Act of 1974.

                                        2Filed by Automated Filing Services Inc. (604) 609-0244 - UltraGuard Water Systems Corp. - Exhibit 4.1

 Exhibit 4.1

 THE 2004 INCENTIVE PLAN OF ULTRAGUARD WATER SYSTEMS CORP.

UltraGuard Water Systems Corp., a Nevada corporation (the “Company”), hereby adopts the 2004 Incentive Plan of UltraGuard Water Systems Corp. (the “Plan”) this 3rd day of December, 2004. Under the Plan, the Company
may issue stock, or grant options to acquire the Company's common stock, par value $0.001 (the “Stock”), from time to time to employees of the Company or its subsidiaries, all on the terms and conditions set forth herein
(“Benefits”). In addition, at the discretion of the Board of Directors, Benefits may from time to time be granted under this Plan to other individuals, including consultants or advisors, who contribute to the success of the Company or
its subsidiaries but are not employees of the Company or its subsidiaries, provided that bona fide services shall be rendered by consultants and advisors and such services must not be in connection with the offer or sale of securities in a
capital-raising transaction. No stock may be issued, or option granted under the benefit plan to consultants, advisors, or other persons who directly or indirectly promote or maintain a market for the Company’s securities.

 1.         Purpose of the Plan.
  The Plan is intended to aid the Company in maintaining and developing a management
  team, attracting qualified officers and employees capable of assuring the future
  success of the Company, and rewarding those individuals who have contributed
  to the success of the Company. The Company has designed this Plan to aid it
  in retaining the services of executives and employees and in attracting new
  personnel when needed for future operations and growth and to provide such personnel
  with an incentive to remain employees of the Company, to use their best efforts
  to promote the success of the Company's business, and to provide them with an
  opportunity to obtain or increase a proprietary interest in the Company. It
  is also designed to permit the Company to reward those individuals who are not
  employees of the Company but who management perceives to have contributed to
  the success of the Company or who are important to the continued business and
  operations of the Company. The above goals will be achieved through the granting
  of Benefits.

 2.         Administration of this
  Plan. Administration of this Plan shall be determined by the Company's Board
  of Directors (the “Board”). Subject to compliance with applicable
  provisions of the governing law, the Board may delegate administration of this
  Plan or specific administrative duties with respect to this Plan on such terms
  and to such committees of the Board, as it deems proper (hereinafter the Board
  or its authorized committee shall be referred to as “Plan Administrators”).
  The interpretation and construction of the terms of this Plan by the Plan Administrators
  thereof shall be final and binding on all participants in this Plan absent a
  showing of demonstrable error. No member of the Plan Administrators shall be
  liable for any action taken or determination made in good faith with respect
  to this Plan. Any Benefit approved by a majority vote of those Plan Administrators
  attending a duly and properly held meeting shall be valid. Any Benefit approved
  by the Plan Administrators shall be approved as specified by the Board at the
  time of delegation.

 3.         Shares of Stock Subject
  to this Plan. A total of ten million (10,000,000) shares of Stock may be
  subject to, or issued pursuant to, Benefits granted under this Plan. If any
  right to acquire Stock granted under this Plan is exercised by the delivery
  of shares of Stock or the relinquishment of rights to shares of Stock, only
  the net shares of Stock issued (the shares of stock issued less the shares of
  Stock surrendered) shall count against the total number of shares reserved for
  issuance under the terms of this Plan.

 4.         Reservation of Stock
  on Granting of Option. At the time any option is granted under the terms
  of this Plan, the Company will reserve for issuance the number of shares of
  Stock subject to such option until it is exercised or expires. The Company may
  reserve either authorized but unissued shares or issued shares reacquired by
  the Company.

 5.         Eligibility. The
  Plan Administrators may grant Benefits to employees, officers, and directors
  of the Company and its subsidiaries, as may be existing from time to time, and
  to other individuals who are not employees of the Company or its subsidiaries,
  including consultants and advisors, provided that such consultants and advisors
  render bona fide services to the Company or its subsidiaries and such services
  are not rendered in connection with the offer or sale of securities in a capital-raising
  transaction. In any case, the Plan Administrators shall determine, based on
  the foregoing limitations and the Company’s best interests, which employees,
  officers, directors, consultants and advisors are eligible to participate in
  this Plan. Benefits shall be in the amounts, and shall have the rights and be
  subject to the restrictions, as may be determined by the Plan Administrators,
  all as may be within the provisions of this Plan.

 6.         Term of Options issued
  as Benefits and Certain Limitations on Right to Exercise.

a.         Each
  option issued as a benefit hereunder (“Option”), shall have its
  term established by the Plan Administrators at the time the Option is granted.

b.         The
  term of the Option, once it is granted, may be reduced only as provided for
  in this Plan and under the express written provisions of the Option. 

c.         Unless
  otherwise specifically provided by the written provisions of the Option or required
  by applicable disclosure or other legal requirements promulgated by the Securities
  and Exchange Commission (“Commission”), no participant of this Plan
  or his or her legal representative, legatee, or distributee will be, or shall
  be deemed to be, a holder of any shares subject to an Option unless and until
  such participant exercises his or her right to acquire all or a portion of the
  Stock subject to the Option and delivers the required consideration to the Company
  in accordance with the terms of this Plan and then only as to the number of
  shares of Stock acquired. Except as specifically provided in this Plan or as
  otherwise specifically provided by the written provisions of the Option, no
  adjustment to the exercise price or the number of shares of Stock subject to
  the Option shall be made for dividends or other rights for which the record
  date is prior to the date on which the Stock subject to the Option is acquired
  by the holder. 

d.         Options
  shall vest and become exercisable at such time or times and on such terms as
  the Plan Administrators may determine at the time of the grant of the Option.

e.         Options
  may contain such other provisions, including further lawful restrictions on
  the vesting and exercise of the Options as the Plan Administrators may deem
  advisable. 

f.         In
  no event may an Option be exercised after the expiration of its term. 

g.         Options
  shall be non-transferable, except by the laws of descent and distribution.

 7.         Exercise Price.
  The Plan Administrators shall establish the exercise price payable to the Company
  for shares to be obtained pursuant to Options which exercise price may be amended
  from time to time, as the Plan Administrators shall determine.

 8.         Payment of Exercise
  Price. The exercise of any Option shall be contingent on receipt by the
  Company of the exercise price paid in either cash, certified or personal check
  payable to the Company.

 9.         Withholding. If
  the grant of a Benefit hereunder, or exercise of an Option given as a benefit
  is subject to withholding or other trust fund payment requirements of the Internal
  Revenue Code of 1986, as amended (the “Code”), or applicable state
  or local laws, the Company will initially pay the optionee’s liability
  and will be reimbursed by optionee no later than six months after such liability
  arises. Optionee hereby agrees to such reimbursement terms.

 10.        Dilution or Other Adjustment.
  The shares of Stock subject to this Plan and the exercise price of outstanding
  Options are subject to proportionate adjustment in the event of a stock dividend
  or a change in the number of issued and outstanding shares as a result of a
  stock split, consolidation, or other recapitalization. The Company, at its option,
  may adjust the Options, issue replacements, or declare Options void.

 11.        Benefits to Foreign Nationals.
  The Plan Administrators may, in order to fulfill the purpose of this Plan and
  without amending this Plan, grant benefits to foreign nationals or individuals
  residing in foreign countries that contain provisions, restrictions, and limitations
  different from those set forth in this Plan and the Benefits made to United
  States residents in order to recognize differences among the countries in law,
  tax policy, and custom. Such grants shall be made in an attempt to give such
  individuals essentially the same benefits as contemplated by a grant to United
  States residents under the terms of this Plan.

 12.        Listing and Registration
  of Shares. Each Option shall be subject to the requirement that if at any
  time the Plan Administrators shall determine, in their sole discretion, that
  it is necessary or desirable to list, register, or qualify the shares covered
  thereby on any securities exchange or under any state or federal law, or obtain
  the consent or approval of any governmental agency or regulatory body as a condition
  of, or in connection with, the granting of such Option or the issuance or purchase
  of shares thereunder, such Option may not be exercised in whole or in part unless
  and until such listing, registration, consent, or approval shall have been effected
  or obtained free of any conditions not acceptable to the Plan Administrators.

 13.       Expiration and Termination
  of this Plan. This Plan may be abandoned or terminated at any time by the
  Plan Administrators except with respect to any Options then outstanding under
  this Plan. This Plan shall otherwise terminate on the earlier of the date that
  is five years from the date first appearing in this Plan or the date on which
  the ten millionth share is issued hereunder.

 14.       Amendment of this Plan.
  This Plan may not be amended more than once during any six month period, other
  than to comport with changes in the Code or the Employee Retirement Income Security
  Act or the rules and regulations promulgated thereunder. The Plan Administrators
  may modify and amend this Plan in any respect; provided, however, that to the
  extent such amendment or modification would cause this Plan to no longer comply
  with the applicable provisions of the Code governing incentive stock benefits
  as they may be amended from time to time, such amendment or modification shall
  also be approved by the shareholders of the Company.

 ATTEST:

 /s/ Ken Fielding

  Ken Fielding, Chief Executive Officer

 By:/s/ J. R. Gaetz 

  J.R. Gaetz, as Chief Financial Officer

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"}]]