Document:

Confidential Treatment has been requested for portions of this document marked
with asterisks ("[*]").

                                                          Redacted Exhibit 10.19

                                                                  EXECUTION COPY

                            TUG CHINA BONUS AGREEMENT

                                  by and among

                    Sea Master Logistics (Holdings) Limited.

                                       and

                                       [*]

                                 October 2, 2006

<PAGE>

                            TUG CHINA BONUS AGREEMENT

         THIS TUG CHINA BONUS AGREEMENT (the "Agreement") is dated October 2,
2006 by and among SEA MASTER LOGISTICS (HOLDING) LIMITED, a Hong Kong
corporation (the "SeaMaster"), and [*]

                                   WITNESSETH:

         WHEREAS, SeaMaster is engaged or will engage in, the business of
providing ocean, air and land transportation intermediary services in China to
major retailers, wholesalers, importers, and domestic manufacturers in the
Transpacific trade lanes as an international freight agency (collectively, the
"Logistics Business");

 [*]

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants and agreements herein set forth, the parties hereby agree as follows:

                                    ARTICLE I

                            EXECUTIVES COMPENSATION

         1.1 COMPENSATION:

[*]

                                       1
<PAGE>

[*]

         1.2  DISBURSEMENT OF  COMPENSATION.  The Executives agree that the Cash
Payment shall be disbursed as specified in Schedule 1.2 attached hereto and made
a part hereof and to the bank accounts set forth therein.

                                   ARTICLE II

                                   COVENANTS

         2.1 FURTHER  ASSURANCES  AND  ASSISTANCE.  SeaMaster and the Executives
shall, from time to time, at the request of SeaMaster, do, execute,  acknowledge
and deliver or will cause to be done,  executed,  acknowledged and delivered all
such further acts, deeds, assignments,  transfers,  conveyances,  assurances and
take such  other  action  as  SeaMaster  may  reasonably  request  and as may be
reasonably necessary in order to effectuate the terms of this Agreement.

         2.2 ACCOUNTS  RECEIVABLE.  The  Executives  shall use their  reasonable
efforts  to  collect  and  account  for all  accounts  receivable  that  will be
reflected on the Closing  Balance Sheet.  Based upon the audited Closing Balance
Sheet,  the parties agree that upon delivery of the final  determination  of the
Closing Balance Sheet, a net accounts receivable equal to accounts receivable as
set forth on such balance sheet less the allowance for doubtful  accounts as set
forth thereon will be calculated (the "Net  Receivables").  Forty-Five (45) days
prior to the Cash Payment Date, amounts received by SeaMaster in connection with
the  Executives'  Logistic  Business  will be  applied to the  specific  invoice
designated  by the  customer  remittance.  In applying  any  payment  made by an
account debtor, such payment shall be applied to any account receivable to which
it clearly relates by reason of the amount thereof,  and otherwise,  as shall be
specified by the customer at the time of the making  thereof or upon  subsequent
inquiry by SeaMaster.

         2.3 ACCOUNTS  PAYABLE.  Upon  request,  SeaMaster  shall furnish to the
Executives  lists of accounts  payable and accrued  expenses of the  Executives'
Logistics Business.

                                   ARTICLE III

                                 MISCELLANEOUS

         3.1 AMENDMENT.  This Agreement may amended only by a written instrument
executed by all parties hereto.

         3.2  TERMINATION.  This  Agreement may be terminated at any time by the
mutual  agreement  of the  parties,  with the consent of  Maritime US  Logistics
Holdings Inc.

                                       2
<PAGE>

         3.3  ARBITRATION.  In the event of any  dispute,  the parties  agree to
arbitrate  such matter in New York City,  pursuant to the rules of the  American
Arbitration  Association,  and  SeaMaster  shall  nominate one  arbitrator,  the
Executives shall nominate one arbitrator,  and the two chosen  arbitrators shall
select  a  third  independent  arbitrator.  The  finding  of a  majority  of the
arbitrators shall be binding on the parties.

         3.4 EXPENSE. Except as provided elsewhere in this Agreement, each party
hereto shall assume and bear all expenses, costs and fees incurred or assumed by
such party in the preparation  and execution of this Agreement.  SeaMaster shall
assume the cost and expense of any arbitration.

         3.5  ASSIGNMENT.  This  Agreement  may not be assigned by either  party
hereto without the prior consent of the other party.

         3.6  COUNTERPARTS.  This  Agreement  may be  executed  in any number of
counterparts which together shall constitute one and the same document.

         3.7 GOVERNING  LAW. This  Agreement  shall be construed and enforced in
accordance with and governed by the laws of the State of New York.

         3.8 ENTIRE AGREEMENT.  This Agreement  constitutes the entire agreement
and supersedes all prior agreements and  understandings,  both written and oral,
between the parties with respect to the subject matter hereof.

         3.9 NO THIRD PARTY BENEFICIARIES.  No provision of this Agreement shall
create  nor  confer  upon any  person  and  third  party  beneficiary  rights or
otherwise.

         IN WITNESS  WHEREOF,  the  parties  have caused  this  Agreement  to be
executed  by their duly  authorized  officers as of the day and year first above
written.

MARITIME LOGISTICS US HOLDINGS INC.      SEA MASTER LOGISTICS (HOLDING), LIMITED

By:                                      By:
   ------------------------------           ------------------------------
   Name:                                    Name:
   Title:                                   Title:

----------------------------------       ---------------------------------
[*]                                      [*]

                                       3
<PAGE>

         3.3  ARBITRATION.  In the event of any  dispute,  the parties  agree to
arbitrate  such matter in New York City,  pursuant to the rules of the  American
Arbitration  Association,  and  SeaMaster  shall  nominate one  arbitrator,  the
Executives shall nominate one arbitrator,  and the two chosen  arbitrators shall
select  a  third  independent  arbitrator.  The  finding  of a  majority  of the
arbitrators shall be binding on the parties.

         3.4 EXPENSE. Except as provided elsewhere in this Agreement, each party
hereto shall assume and bear all expenses, costs and fees incurred or assumed by
such party in the preparation  and execution of this Agreement.  SeaMaster shall
assume the cost and expense of any arbitration.

         3.5  ASSIGNMENT.  This  Agreement  may not be assigned by either  party
hereto without the prior consent of the other party.

         3.6  COUNTERPARTS.  This  Agreement  may be  executed  in any number of
counterparts which together shall constitute one and the same document.

         3.7 GOVERNING  LAW. This  Agreement  shall be construed and enforced in
accordance with and governed by the laws of the State of New York.

         3.8 ENTIRE AGREEMENT.  This Agreement  constitutes the entire agreement
and supersedes all prior agreements and  understandings,  both written and oral,
between the parties with respect to the subject matter hereof.

         3.9 NO THIRD PARTY BENEFICIARIES.  No provision of this Agreement shall
create  nor  confer  upon any  person  and  third  party  beneficiary  rights or
otherwise.

         IN WITNESS  WHEREOF,  the  parties  have caused  this  Agreement  to be
executed  by their duly  authorized  officers as of the day and year first above
written.

MARITIME LOGISTICS US HOLDINGS INC.      SEA MASTER LOGISTICS (HOLDING), LIMITED

By: /s/ [signature illegible]            By: /s/ Peter Stone
   ------------------------------           ------------------------------
   Name:                                    Name: PETER STONE
   Title:                                   Title: MANAGING DIRECTOR

----------------------------------       ---------------------------------
Robert Lee                               Robert Wu

                                       4Exhibit 10.20

                                                                  EXECUTION COPY

                       ASSIGNMENT AND ASSUMPTION AGREEMENT

            This Assignment and Assumption Agreement (the "Assignment and
Assumption Agreement") is made, executed and delivered as of October 2, 2006
by and among each of TUG Logistics, Inc., Glare Logistics Inc., and TUG
Logistics (Miami), Inc. (collectively, the "Assignors) and Dolphin US Logistics,
Inc. (tbr: TUG USA, Inc.) (the "Assignee"). All capitalized terms not otherwise
defined herein shall have the respective meanings ascribed to them in the
Purchase Agreement (as defined below).

                                   WITNESSETH:

            WHEREAS, the parties hereto have entered into that certain
Asset/Stock Purchase Agreement dated as of October 2, 2006 (the "Purchase
Agreement"); and

            WHEREAS, in connection with the transactions contemplated by the
Purchase Agreement, the Assignors wish to assign all of their rights, title and
interest in, to and under (i) the "Contracts" as defined in the Purchase
Agreement (the "Contracts") and (ii) the "Leases" as defined in the Purchase
Agreement (the "Leases" and together with the Contracts, the "Assumed
Agreements").

            NOW, THEREFORE, in consideration of the foregoing premises, the
consideration set forth in the Purchase Agreement and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto, intending to be legally bound hereby, agree as follows:

            Each of the Assignors hereby assigns, transfers and conveys to the
Assignee all of such Assignor's right, title and interest in, to and under the
Assumed Agreements.

            1. The Assignee hereby assumes all of each of the Assignors' right,
title and interest in, to and under the Assumed Agreements, and hereby agrees to
perform and discharge, as the same shall become due, all duties and obligations
of each of the Assignors under the Assumed Agreements, but only such duties and
obligations which arise during and are attributable to the period on and after
the date hereof.

            2. The Assignors shall authorize and direct each
customer/retailer/vendor, as applicable (a "Customer"), under the Contracts to
make payment of all invoices and other moneys due or arising under the Contracts
directly to accounts maintained and/or acquired from the Assignors by the
Assignee (or any account designated by the Assignee as a successor or
replacement bank account) and the Assignors will write letters to each Customer
of the Assignors or to such agents or representatives of the Assignors in whose
hands or control exists any moneys hereby assigned, as may be required by the
Assignee, informing each such person of this Assignment and instructing such
persons to remit promptly to the Assignee all moneys hereby assigned.

            3. The Assignors further covenant that they shall cause each
Customer, as required by the applicable Assumed Agreement, to execute a consent
(a "Consent") substantially in the form of EXHIBIT A hereto, upon execution and
delivery of this Assignment for each Customer listed in SCHEDULE 1 hereto.

            4. To the extent that the Assignors are unable to obtain any
necessary

<PAGE>

                                                                  EXECUTION COPY

consents of third parties to the consummation of the transactions contemplated
hereby under the Assumed Agreements, each of the Assignors covenants and agrees
to use its or his best efforts to obtain such consents subsequent to the date
hereof. To the extent that the assignment or the agreement to assign to the
Assignee any Assumed Agreements hereunder would constitute a breach of such
Assumed Agreement, this Assignment and Assumption Agreement shall not constitute
any such assignment or agreement to assign unless and until a Consent to such
assignment or a waiver of the requirement to obtain such Consent is obtained;
provided, however, that, prior to the receipt of such Consent, each of the
Assignors covenants and agrees (i) not to assign such Assumed Agreement to any
party other than the Assignee or the Assignee's designee, (ii) to use its best
efforts keep such Assumed Agreement in full force and effect, except as
otherwise directed by the Assignee, (iii) to operate under such Assumed
Agreement only under the direction of the Assignee, (iv) to remit or otherwise
provide to the Assignee all revenues, if any, and other benefits derived from
such Assumed Agreement and (v) in the event that such Consent cannot be
obtained, to cooperate with the Assignee and the other party to such Assumed
Agreement to enable the Assignee to enter into a contract directly with such
other party.

            5. The Assignors hereby agree on demand to make, execute,
acknowledge and deliver any and all further documents, if any, reasonably
required to evidence or in any manner perfect the transfer of the Assumed
Agreements, or any right, title, interest or duty thereunder, to the Assignee.

            6. This Assignment and Assumption Agreement and each Consent may be
executed by the Assignor, the Assignee and Customers on separate counterparts
without in any way adversely affecting the validity of said consent on this
Assignment.

            7. This Assignment and Assumption Agreement shall be governed by the
laws of the State of New York and may not be amended or changed except by an
instrument in writing signed by Each of the Assignors and the Assignee.

            This Assignment and Assumption and Agreement is executed pursuant to
the Purchase Agreement, and is therefore subject to, and is entitled to the
benefits of, the representations, warranties, covenants, terms and provisions
set forth in the Purchase Agreement.

                                     ******

<PAGE>

                                                                  EXECUTION COPY

            IN WITNESS WHEREOF, each of the Assignors and the Assignee have
caused this Assignment and Assumption Agreement to be executed in its name by a
duly authorized representative as of the date first above written.

ASSIGNORS:

TUG LOGISTICS, INC.

By:_______________________________
   Name:
   Title:

GLARE LOGISTICS INC.                          TUG LOGISTICS (MIAMI), INC.

By:_______________________________            By:_______________________________
   Name:                                         Name:
   Title:                                        Title:

ASSIGNEE:
DOLPHIN US LOGISTICS INC.

By:_______________________________
   Name:
   Title:

<PAGE>

                                                                  EXECUTION COPY

                                                                       EXHIBIT A

                                 FORM OF CONSENT

________, 2006

[Company Name
 Attn: [      ]
[Address]

                        Re:  Consent to Assignment of the [    ] Agreement dated
                             [    ] (the "Agreement") between [TUG Entity Name]
                             (the "Company") and [Company Name] ("[Company]"
                             or "you")

Dear [       ]:

The Company is selling and transferring to an unaffiliated third-party,  Dolphin
US Logistics, Inc. ("Dolphin"),  substantially all of its assets and rights (the
"Sale").  On [ ], the Company signed the Agreement with you. Pursuant to section
[ ] of the  Agreement,  your consent may be required to assign the  Agreement to
Dolphin.

The purpose of this letter is to request your consent to the  assignment  by the
Company of all its  right,  title and  interest  in and under the  Agreement  to
Dolphin.  The  assignment  will be  effective as of the closing date of the Sale
which  we  currently  expect  to  occur on or about  September  ___,  2006  (the
"Effective  Date").  Dolphin,  as of the Effective Date, will pay, discharge and
perform  all  of  the  obligation  and  liabilities  of the  Company  under  the
Agreement.  Notice of the  occurrence of the Effective Date will be delivered to
you promptly thereafter.

The  Company  respectfully  requests  that you  signify  your  approval  of such
assignment  by executing a copy of this letter.  Please fax the executed copy to
my  attention at (212)  209-4801 and also mail the original  copy of this letter
to:

                        Brown Rudnick Berlack Israels LLP
                        7 Times Square
                        New York, NY 10036
                        Attn: Raymer W. McQuiston

<PAGE>

                                                                  EXECUTION COPY

      If you have any questions, please call me at (212-209-4819). Thank you for
your cooperation.

                                                     Very truly yours,

                                                     Raymer W. McQuiston

Accepted and Agreed to:

[Company Name]

By:___________________________
   Name:
   Date:

<PAGE>

                                                                  EXECUTION COPY

                                                                      SCHEDULE I

                                LIST OF CUSTOMERS

REAL PROPERTY LEASES

1. Bonanza Bay, LLC: Real Property Lease for 17979 Arenth Ave, City of Industry,
Los Angeles, CA.

2. Landlord: Keegan Center LLC: Real Property Lease for 16905 South Keegan Ave.,
Carson, Los Angeles, CA 90746.

3. WTDC: Real Property Lease for 2801 NW 74th Ave., Office No. 173, Miami, FL
33122.

4. Business Suites Uptown: Office Lease for Office Suite, Houston, TX; 1330 Post
Oak Blvd.

5. Regis: Office Lease for Regis Business Center office space, Georgia,
Atlanta-Winward, Location: 13010 Morris Road, 6th Floor, Alpharetta, GA 30004,
Office Nos. 680, 681 and 683.

6. Bonanza Bay, LLC: Real Property Lease for 17979 Arenth Ave, City of Industry,
Los Angeles, CA.

SERVICE/TRANSPORTATION CONTRACTS

1. United Arab Shipping Co. (UASC) (S.A.G.) Confidential Service Contract No.
2006-FE-06-08.

2. Maersk Line Service Contract No. 129550, Proposal No. 2.1.

3. Cosco Container Lines Americas Inc., Service Contract No. HON06033 Amendment
No . 3.

4. SINOLINES WESTBOUND Service Contract No. 2006-523.

5. ANL SINGAPORE PTE LTD; Amendment No. 3; Service Contract No. WB04FE022.

6. Hapag-Lloyd Container Linie GmbH, Boiler Plate, E.T. Publication 014, Rule
121 Service Contract No. S6NWE105.

LOAN CONTRACTS

1. United Commercial Bank: Commercial Security Agreement Loan No. 207-00518-0
Acct. No. 207005180.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}]]