Document:

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                                                                    Exhibit 10.2

                          CONSULTING SERVICES AGREEMENT

        This Consulting Services Agreement ("Agreement"), dated June 30, 2004,
is made by and between Lee Balak ("Consultant"), whose address is 15 Ocean View
Road, Lions Bay, R.C. VON 2E0, Canada and Power Technology, Inc. ("Company")
collectively, the "Parties"), This Agreement supersedes and replaces any prior
Agreements in place between the Parties.

        WHEREAS, Company is a corporation and desires to further develop its
business and customers;

        WHEREAS, Lee Balak wishes to resign as CEO of the Company effective June
30, 2004 to pursue other interests and to simultaneously become a Consultant to
the Company, and as the former CEO of the Company, Consultant has extensive
background in the area of the Company's general business including but not
limited to, SEC matters and filings, pending litigation, historical
documentation, records, outside accounting and legal personnel, identification,
and past hiring, and general knowledge of the Company's past operations; and

        WHEREAS, Company desires to engage Consultant to provide information,
evaluation and consulting services to Company in Consultant's area of knowledge
and expertise on the terms and subject to the conditions set forth herein.

        NOW, THEREFORE, in consideration for those services Consultant provides
to Company, the Parties agree as follows;

1.      SERVICES OF CONSULTANT

        Consultant agrees to perform for Company all necessary services required
in providing general business strategic consulting and management advisory
services for Company as previously stated. The services to be provided by
Consultant will not be in connection with the offer or sale of securities in a
capital-raising transaction, and will not directly or indirectly promote or
maintain a market for Company's securities. Lee Balak will primarily provide the
services in conjunction with the Company's CEO, Board members, or outside
professionals. The Consultant shall provide all necessary services to support
the Company's current litigation and the smooth transition of all records and
knowledge, contacts and any other items necessary for the operation of the
Company.

2.      CONSIDERATION

        Company agrees to pay Consultant, as its fee and as consideration for
services provided $5,000 per month paid monthly in advance. These payments will
be made in cash for a period of six months, commencing with the July 1, 2004
payment which has already been made by the Company,

3.      EXPENSES

        Company agrees to reimburse Consultant for all reasonable out of pocket
expenses previously agreed to in advance by Company.

                                       1.

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4.      CONFIDENTIALITY

        Each Party agrees that during the course of this Agreement, information
that is confidential or of a proprietary nature may be disclosed to the other
party, including, but not limited to, product and business plans, software,
technical processes and formulas, source codes, product designs, sales, costs
and other unpublished financial information, advertising revenues, usage rates,
advertising relationships, projections, and marketing data ("Confidential
Information"). Confidential Information shall not include information that the
receiving party can demonstrate (a) is, as of the time of its disclosure, or
thereafter becomes part of the public domain through a source other than the
receiving party, (b) was known to the receiving party as of the time of its
disclosure, (c) is independently developed by the receiving party, or (d) is
subsequently learned from a third party not under a confidentiality obligation
to the providing party.

NO DISCLOSURE. During the Term and at all times thereafter, Consultant shall not
disclose or USE in any manner, directly or indirectly, and shall use
Consultant's best efforts and shall take all reasonable precautions to prevent
the disclosure of, any such Uncle secrets or other Confidential Information
learned by Consultant in connection with his services under this Agreement or
learned by Consultant while an employee of the Company.

OWNERSHIP OF INFORMATION. Such Confidential Information is and shall remain the
sole and exclusive property and proprietary information of Company or Company's
customers, as the case may be, and is disclosed in confidence by Company or
permitted to be acquired from such customers in reliance on Consultant's
agreement to maintain such Confidential Information in confidence and not to use
or disclose such Confidential Information to any other person except in
furtherance of Company's Business.

RETURN OF MATERIAL. Upon the expiration or earlier termination of this Agreement
for any reason, Consultant shall immediately turn over to Company all documents,
disks or other magnetic media, or other material in Consultant's possession or
under Consultant's control that (i) may contain or be derived from Creations or
Confidential Information, or (ii) are connected with or derived from
Consultant's services to Company. Consultant shall not retain any Confidential
Information in any form (e.g., computer hard drive, microfilm, etc.) upon the
expiration or earlier termination of this Agreement.

5.      LATE PAYMENT

        Company shall pay to Consultant all fees no later than 30 days of the
due date. Failure of Company to finally pay any FEES within 30 days after the
applicable due date shall be deemed a material breach of this Agreement,
justifying suspension of the performance of the "Services" provided by
Consultant, will be sufficient cause for immediate termination of this Agreement
by Consultant. Any such suspension will in no way relieve Company from payment
of fees, and, in the event of collection enforcement, Company shall be liable
for any costs associated with such collection, including, but not limited to,
legal costs, attorneys' fees, courts costs, and collection agency fees.

                                       2.

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6.      INDEMNIFICATION

(a)     COMPANY

        Company agrees to indemnify, defend, and hold harmless Consultant, its
directors, officers, employees, attorneys, and agents, and to defend any action
brought against said parties with aspect to any and all claims, demands, causes
of action, debts or liabilities, including reasonable attorneys' fees, arising
out of work performed under this Agreement, including breach of Company of this
Agreement, unless caused by the actions of Consultant or pervious actions as CEO
of the Company,

(b)     CONSULTANT

        Consultant agrees to indemnify, defend, and shall hold harmless Company,
its directors, officers, employees, attorneys, and agents, and defend any action
brought against same with respect to any claim, demand, CAUSE OF ACTION, debt or
liability, including reasonable attorneys' fees, to the extent that such an
action arises out of the negligence or willful misconduct of Consultant,
including breach by Consultant of the Agreement. This shall include any previous
actions by the Consultant in his prior capacity as CEO of the Company. As
additional consideration for the execution of this Agreement, Consultant
specifically releases and discharges Company from any prior liabilities
whatsoever owed to or created by CEO.

(c)     NOTICE

        In claiming any indemnification hereunder, the indemnified party shall
promptly provide the indemnifying party with written notice of any claim, which
the indemnified party believes fells within the scope of the foregoing
paragraphs. The indemnified party may, at its expense, assist in the defense if
it so chooses, provided that the indemnifying party shall control such defense,
and all negotiations relative to the settlement of any such claim. Any
settlement intended to bind the indemnified party shall not be final without the
indemnified party's written consent, which shall not be unreasonably withheld,

7.      LIMITATION OF LIABILITY

        From the date of this Agreement forward, unless Consultant is found to
be grossly negligent acting in his capacity as Consultant, Consultant shall have
no liability with respect to Consultant's obligations under this Agreement for
consequential, exemplary, special, incidental, or punitive damages.

8.      TERMINATION AND RENEWAL

(a)     TERM

        This Agreement shall become effective on the date appearing next to the
signatures below and terminate six months thereafter, and may be renewed by the
Company in six month periods as required by the Company.

                                       3.

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(b)     TERMINATION

        Either Party may terminate this Agreement if the other party materially
breaches any of its representations, warranties or obligations under this
Agreement. Except as may be otherwise provided in this Agreement, such breach by
either party will result in the other party being responsible to reimburse the
non-defaulting party for all costs incurred directly as a result of the breach
of this Agreement, and shall be subject to such damages as may be allowed by law
including all attorneys' fees and costs of enforcing this Agreement.

(c)     TERMINATION AND PAYMENT

        Upon any termination or expiration of this Agreement, Company shall pay
all unpaid and outstanding fees through the effective date of termination or
expiration of this Agreement. Upon such termination, Consultant shall provide
and deliver to Company any and all OUTSTANDING services due through the
effective termination date of this Agreement. Consultant shall have no right to
terminate this Agreement other than for non payment of Compensation.

9.      SHARE LOCK UP AGREEMENT.

        Consultant agrees that without the express written permission of the
Board of Directors of lower Technology, Inc., no shares of common stock of
Company owned by Consultant may be sold during the first six months of this
Agreement, Commencing one year from the date of expiration of the initial term
of this Agreement, during each six month period, Consultant shall be limited to
selling no more than 500,000 shares of his Company common stock without the
express written consent of the Board of Directors of Company. Consultant's
shares shall bear a restrictive legend with this restriction on the back of each
share certificate owned as of the date of this Agreement.

10.     ARBITRATION

        The parties agree that all disputes or questions or disputes arising in
connection with this Agreement and/or the Consultant's prior employment with the
Company shall be settled by three arbitrators pursuant to the rules of the
American Arbitration Association in the City of Las Vegas, Nevada, and the award
of the arbitrators shall be final, non-appealable, conclusive and enforceable in
a court of competent jurisdiction; PROVIDED, HOWEVER, notwithstanding the
foregoing, in no event shall any dispute, claim or disagreement arising under
Sections 4 of this Agreement that requires injunctive or other equitable relief
be requited to be submitted to arbitration pursuant to this provision or
otherwise.

11.     MISCELLANEOUS

(a)     INDEPENDENT CONTRACTOR

        This Agreement establishes an "independent contractor" relationship
between Consultant and Company.

                                       4.

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(b)     RIGHTS CUMULATIVE; WAIVERS

        The rights of each of the Parties under this Agreement are cumulative.
The rights of each of-the Parties hereunder shall not be capable of being waived
or varied OTHER THAN by an express waiver or variation in writing. Any failure
to exercise or any delay IN exercising any of such RIGHTS shall not operate as a
waiver or variation of that or any other such right. Any defective or partial
exercise of any of such rights shall not preclude any other or further exercise
of that or any other such right. No act or course of conduct or negotiation on
the part of any party shall in any way preclude such party from exercising any
such right or constitute a suspension or any variation of any such right.

(c)     BENEFIT; SUCCESSORS BOUND

        This Agreement and the terms, covenants, conditions, provisions,
obligations, undertakings, rights, and benefits hereof, shall be binding upon,
and shall inure to the benefit of, the undersigned parties and their heirs,
executors, administrators, representatives, successors, and permitted assigns,

(d)     ENTIRE AGREEMENT

        This Agreement contains the entire Agreement between the Parties with
respect to the subject matter hereof. There are no promises, Agreements,
conditions, undertakings, understandings, warranties, covenants or
representations, oral or written, express or implied, between them with respect
to this Agreement or the matters described in this Agreement, except as set
forth in this Agreement. Any such negotiations, promises, or understandings
shall not be used to interpret or constitute this Agreement.

(e)     ASSIGNMENT

        Neither this Agreement nor any other benefit to accrue hereunder shall
be assigned or transferred by either Party, either in whole or in part, without
the written consent of the other party, and any purported assignment in
violation hereof shall be void. The sole exception of this provision shall be
right of the Consultant to assign this contract to any entity that is majority
owned by the Consultant.

(f)     AMENDMENT

        Only an instrument in writing executed by all the Parties hereto may
amend this Agreement.

(g)     SEVERABILITY

        Each part of this Agreement is intended to be severable. In the event
that any provision of this Agreement is found by any court or other authority of
competent jurisdiction to be illegal or unenforceable, such provision shall be
severed or modified to the extent necessary to render it enforceable and as so
severed or modified, this Agreement shall Continue hi full force and effect.

                                       5.

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(h)     SECTION HEADING

        The Section headings in this Agreement are for reference purposes only
and shall not affect in any way the meaning or INTERPRETATION of this Agreement.

(i)     CONSTRUCTION

        Unless the context otherwise requires, when used herein, the singular
shall be deemed to include the plural, the plural shall be deemed to include
each of the singular, and pronouns of one or no gender shall be deemed to
include the equivalent pronoun of the other or no gender.

(j)     FURTHER ASSURANCES

        In addition to THE instruments and documents to be made, executed and
delivered pursuant to this Agreement, the parties hereto agree to make, execute
and deliver or cause to be made, executed and delivered, to the requesting party
such other instruments and to take such other actions as the requesting party
may reasonably require to carry out the terms of this Agreement and the
transactions contemplated hereby.

(k)     NOTICES

        Any notice which is required or desired under this Agreement shall be
given in writing and may be sent by personal delivery or by mail (either a.
United States mail, postage prepaid, or le. Federal Express or similar generally
recognized overnight carrier), addressed as follows (subject to the right to
designate a different address by notice similarly given):

TO COMPANY:

Power Technology, Inc.
15 Ocean View Road
B.C. VON 2EO, Canada
604-925-0716

TO CONSULTANT:

Lee Balak
15 Ocean View Road
B.C. VON 2EC, Canada
604-925-0716

(l)     GOVERNING LAW

        This Agreement shall be governed- by the interpreted in accordance with
the laws of the State of Nevada without reference to its conflicts of laws rules
or principles. Each of the parties consents to the exclusive jurisdiction of the
federal courts of the State of Nevada in connection with any dispute arising

                                       6.

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under this Agreement and hereby waives, to the maximum extent permitted by law,
any objection, including any objection based on FORUM NON COVENIENS, to the
bringing of any such proceeding in such jurisdictions.

(m)     CONSENTS

        The person signing this Agreement on behalf of each parry hereby
represents and warrants that he has THE NECESSARY power, consent and authority
to execute and deliver this Agreement on behalf of such party.

(n)     SURVIVAL OF PROVISIONS

        The provision(s) contained in this Agreement shall survive the
termination of this Agreement for one year from date of termination.

(o)     EXECUTION IN COUNTERPARTS

        This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original and all of which together shall constitute one
and the same Agreement.

        WITNESS WHEREOF, the Parties have caused this Agreement to be executed
and have AGREED to and accepted the terms herein on the date written above.

POWER TECHNOLOGY, INC.

Pernard J. Walter
--------------------------
BY:  BERNARD J. WALTER
ITS: President     July 6, 2004

[Consultant]

/S/ Lee Balak
--------------------------
BY: Lee Balak

                                       7.<PAGE>

                                                                    Exhibit 10.3

                                 PROMISSORY NOTE
                                 ---------------

         $100,000.00                                       MAY 21, 2004

     For value received, Power Technology Inc., a Nevada Corporation, ("Maker")
promises to pay to the order of CORPORATE STRATEGIES, INC., a Delaware
corporation ("Payee"), in lawful money of the United States of America, the
principal sum of One Hundred Thousand and 00/100 Dollars ($l00,000.00). All
principal and any interest hereunder shall be payable at 1770 St. James Place,
Suite 116, Houston, TX 77056, or such other place that Payee may hereinafter
designate in writing.

     Principal under this note shall bear interest at the rate of eighteen
percent (18%) per annum from the date of funding until paid in full. All
principal and interest under this Note shall be paid in full on December 31,
2004. All interest that shall accrue in accordance herewith on the indebtedness
evidenced by this Note shall be computed on the basis of a year of 365 days.

     Each of the following events shall be herein referred to as an "Event of
Default": (i) the failure of Maker to maintain a public listing on the OTCBB,
NASDAQ, AMEX, OR NYSE exchanges or the failure to make timely filings of all
necessary requirements of all regulatory authorities, or (ii) the failure to
make payment of any of the principal or interest hereunder when due or on demand
by payee, (iii) if by July 15, 2004, the board of Directors of Maker has failed
to cause 67,000,000 shares of Maker's common stock to be set aside for transfer
to Payee as set forth in paragraph eight of this Note, (iv) the filing of a
petition in bankruptcy by Maker, or (v) the assignment of assets for the benefit
of creditors of Maker. It is especially agreed, that upon the occurrence of an
Event of Default, Payee or any other holder hereof at any time thereafter may,
at its option, (a) declare the entire unpaid principal of and accrued interest
on this Note immediately due and payable and upon notice to Maker and failure to
cure, the same shall become and shall be immediately due and payable; and (b)
take any and all other actions available to Payee or any holder under this Note
or any document given to secure this Note, at law, in equity or otherwise. The
failure of the holder hereof to exercise any of the foregoing options shall not
constitute a waiver of the right to exercise the salad upon the occurrence of a
subsequent default.

     In addition to all principal and accrued interest on this Note, Maker
agrees to pay (i) all reasonable costs and, expenses incurred by all owners and
holders of this Note in collecting this Note through reorganization, bankruptcy,
receivership or any other proceeding and (ii) reasonable attorney's fees when
and if this Note is placed in the hands of an attorney for collection after
default.

     It is the intention of the parties hereto to conform, strictly to
applicable usury laws as in effect from time to time during the term of this
Note. Accordingly, if any transaction or transactions contemplated hereby would
be usurious under applicable law (including the laws of the United States of
America, or of any other jurisdiction whose laws may be mandatorily applicable),
then, in that event, notwithstanding anything to the contrary in this Note, it
is agreed as follows: (i) the provisions of this paragraph shall govern and
control; (ii) the aggregate of an interest under applicable laws that is
contracted for, charged or received under this Note shall under no circumstances
exceed the maximum amount of interest allowed by applicable law, and any excess
shall be promptly refunded to Maker by Payee (or, if such consideration shall
have been paid in full, such excess shall be promptly refunded to Maker by
Payee); (iii,) neither Maker nor any other person or entity now or hereafter
liable in connection with this Note shall be obligated to pay the amount of such
interest to the extent that it is in excess of the maximum interest permitted by
the applicable usury laws; and. (iv) the effective rate of interest shall be
IPSO FACTO reduced to the maximum lawful interest rate.

                        Page l of 2 Page Promissory Note

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     Maker shall have the privilege to prepay this Note at any time, and from
time to time, in whole or part, without penalty or fee. Any prepayment of
principal under this Note shall include accrued interest to the date of
prepayment on the principal amount being prepaid.

     Maker and any other co-makers, endorsors, guarantors and sureties severally
(i) waive notice (including, but not limited to, notice of protest, notice of
dishonor and notice of intent to accelerate or notice of acceleration), demand,
presentment of payment, protest and filing of suit for the purpose of fixing
liability, (ii) consent that the time of payment hereof may be extended without
notice to them or any of them, (iii) expressly agree that it will not be
necessary for any holder hereof, in order to enforce payment of this Note by
them, to first institute suit or exhaust its remedies against Maker or any
others liable herefor, or to enforce its rights against any security herefor,
and (iv) consent to any extensions or postponements of time of payment of this
Note or any other indulgences with respect hereto without notice thereof to any
of them.

     In the event of default in the prompt payment of this note, holder may
present the note with an affidavit stating the loan is in default to the
Company's transfer agent. The presentation of this note and the affidavit of
default shall constitute irrevocable instructions to the transfer agent to
promptly issue 67,000,000 shares of fully paid and non-assessable shares of
common stock of Power Technology, Inc. to and in the name of Corporate
Strategies, Inc., which shall constitute full and complete payment for all sums
due under this Note. The Company fully and unconditionally guarantees that
67,000,000 shares of fully paid and non-assessable shares of common stock of
Power Technology, Inc, will be reserved and available for issuance to Corporate
Strategies, Inc upon default of in THE payment of any sum due pursuant to this
Note.

     This Note is further secured by the pledge of 27,157,483 shares of fully
paid and non-assessable shares of common stock of Power Technology, Inc.,
represented by certificate numbers 5324, 5339, 5674, 5768, and 5947 in the name
of Lee Balak, who specifically agrees to the pledge of this collateral and
acknowledges the possible loss of all shares in the event of their sale to pay
off this note. Payee will liquidate the shares in open market or private
transactions at such prices as are necessary in the sole opinion of Payee to
recover all loan principal, interest and costs of sales in the event that the
Company's transfer agent fails or refuses to issue and tender to Payee
67,000,000 shares of fully paid and non-assessable shares of common stock of.
Power, Technology, Inc. Any of the pledged 27,157,483 shares pledged by Lee
Balak remaining unsold after Payee has fully recovered all sums due under this
Note shall be returned to Pledgor.

     IN WITNESS WHEREOF, Maker has executed this Note as of the date set forth
above.

POWER TECHNOLOGY INC.

BY: /S/ LEE BALAK                                 /S/ LEE BALAK
    -------------------------------               ------------------------------
NAME:  LEE BALAK                                  LEE BALAK, INDIVIDUALLY AS
TITLE: CHIEF EXECUTIVE OFFICER AND                OWNER OF PLEDGED STOCK
       PRESIDENT

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