Document:

Exhibit 10.1 CORVUS AGGREEMENT

23 May, 2002

Cary Burch
Randolf Katz
23332 Mill Creek Drive, Ste. 230
Laguna Hills, CA 92653

Gentlemen:

In response to our discussions last week, I have prepared this letter for Grand
Prix Sports, Inc. (GPRX) to engage Corvus to provide a range services while GPRX
is in the process of establishing its business operations.

1)   Situation Appraisal: GPRX is currently engaged in a range of activities to
     acquire operating assets. During this process GPRX would like to control
     its costs and at the same time have access to a range of services that
     includes administrative, executive, and financial, as well as business and
     organizational development. Further, GPRX is in immediate need of corporate
     secretary and treasurer functions that the law offices of Brian Cave LP
     either cannot provide or that would be prohibitively expensive.

2)   Objectives: The objectives of this engagement are to:

     a)   Minimize monthly administrative overhead costs for GPRX.
     b)   Develop dedicated company communications and correspondence
          management.
     c)   Implement corporate secretary functions that include review and
          development of all corporate records, minutes, board action, etc. so
          that these records are up to date and maintained in support of ongoing
          business development and operations.
     d)   Implement corporate treasurer functions including establishing and
          maintaining banking services, particularly for the deposit and
          disbursement of funds, including appropriate record keeping and
          financial reporting in support of ongoing business development and
          operations.
     e)   Submit timely SEC filings on behalf of GPRX as required to maintain
          its publicly traded status.
     f)   Manage service providers that support SEC filing process.

3)   Measures of Success:

     a)   Move office records, administrative activity, phones, fax, regular
          mail and email from Brian Cave office to new location within 30 days.
     b)   Review and update corporate records within 60 days.
     c)   Establish banking services within 30 days
     d)   Implement treasurer function and cash management system within 45
          days.
     e)   Establish a budget for Q2, Q3 and Q4 of 2002 by 15 June 2002.
     f)   Work up a draft strategic plan that will cover business development
          activity over the next 120 days.

<PAGE>

4)   Expression of Value: The value of this project to GPRX can be demonstrated
     in two ways. First is the immediate impact on cash flow of the company
     while it is still in a critical business start-up phase. The company is
     relying on investors and shareholders to cover operating expenses. Anything
     that can reduce outlays without impacting development activities reduces
     the investor's risk and improves the venture's probability of success.
     Second, the strategic value of efficient communications and good record
     keeping can help avoid future costs, both in dollars and management time,
     particularly for a public company where exposure and liability are
     heightened.

5)   Activities and Options: Corvus will engage in the following activities to
     meet the engagement objectives:

     a)   Establish new administrative office location and functions for GPRX
          including:
          i)   Establish a new mailing address, dedicated phone answering, fax
               and voice mail for GPRX at the Landmark Lakehills Executive
               Suites located in Laguna Hills.
          ii)  Establish an email address
          iii) Provide correspondence handling and response for routine matters
               and forwarding of critical correspondence to CEO, board members
               or other advisors as necessary.
          iv)  Collect and transfer current corporate and business files from
               Jeff Katz to administrative offices of Corvus.

     b)   Reviewing and updating of corporate records including:
          i)   Drafting resolutions that authorize, delegate, or direct the
               business activities of GPS management that range from
               housekeeping items like establishing a bank account to authority
               to negotiate transactions.
          ii)  Organize and update the corporate minute book.
          iii) Identify a list of board action items that is prioritized for
               immediate, near-term and long-term action.
          iv)  Prepare for annual board and shareholder meetings in April
               (according to the bylaws), that either need to be scheduled or
               postponed by board action.

     c)   Establish bank relationship and treasurer functions including:
          i)   Open business checking account with Wells Fargo (Corvus already
               has a relationship and they offer excellent online services for
               account management)
          ii)  Establish cash management and reporting, check signing, funds
               disbursement, and deposit control procedures.

     d)   Optional Services. At GPRX's discretion it may request additional
          business development services from Corvus that include but are not
          limited to:
          i)   Strategic planning and document development.
          ii)  Mergers & acquisitions services including, acquisition searches,
               screening, due diligence, valuation, deal structuring and
               negotiation.
          iii) Board policy and guideline develop and documentation.

6)   Timing: These services were requested by shareholders back in February and
     agreed to by Harrysen Mittler via phone conversation and email. This
     contract would be retroactive to February 8th, 2002. Benchmark measuring
     would begin as of June 1st, 2002. This engagement is structured to run
     indefinitely, depending on the changing needs of GPRX.

<PAGE>

7)   Joint Accountabilities:

     a)   GPRX is responsible for:
          i)   Directing immediate release of all records to Corvus.
          ii)  Ensuring timely response from GPRX vendors, advisors, directors
               and management to requests for information, correspondence or
               files from Corvus.
          iii) Keeping Corvus apprised of material events related to the
               company, its operations, and relationships with investors,
               shareholders and advisors.

     b)   Corvus is responsible for:
          i)   Making arrangements for pick-up or shipment of records.
          ii)  Planning, coordinating and executing the activities listed in the
               Activities and Options section.
          iii) Keeping GPRX's board apprised of progress and activities related
               to this engagement.
          iv)  Performing the corporate functions of president, secretary and
               treasurer in a reasonable and prudent manner.
     c)   We will both keep each other informed of any unforeseen circumstances,
          issues, or problems that arise that would impact this project, its
          scope, timing or method of delivery.

8)   Terms & Conditions: The fees, expenses and any other financial arrangements
     for this project are as follows:

     a)   Fees:

          i)   A $5,000 project initiation fee payable upon execution of this
               engagement. (See the attached invoice)
          ii)  A monthly fee of $5,000 due at the beginning of each month
               following the execution of this engagement until the engagement
               is terminated and all files have been transferred, address change
               completed, communication links closed, and bills settled. (See
               attached invoice)
          iii) If any of the optional services are elected they are typically
               priced as follows:
               (1)  Board policy and guidelines development $10,000 to $15,000
               (2)  Strategic plan development and documentation $10,000 to
                    $20,000
               (3)  M&A services are more complex and fee structure may vary
                    depending on the scope of search and size of transactions.
     b)   Expenses: Any travel expenses will be billed as incurred. Mileage will
          be charged at $0.33 per mile. I do not mark up bills for direct costs
          related to administration or other services that will include but are
          not limited to: executive suite corporate identity fees that include a
          mail box, telephone, and fax, as well as other charges for on-line,
          electronic or print resources, postage, copying, printing, binding,
          etc. Those will be billed on a monthly basis with full records and
          back up for each charge.

<PAGE>

     c)   Conditions: My work is guaranteed. You will be satisfied with the
          results. If at any time you are not satisfied with the results of this
          service you cancel with 30-day notice in writing. If there is any
          situation where Corvus cannot provide the level of service described
          above you will be advised by written notice 30 days prior to
          termination and provided a plan for shifting of these services to GPRX
          or another vendor.

9)   Acceptance: The signatures below indicate acceptance of the details, terms,
     and conditions in this proposal, and provide approval to begin work as
     specified.

For Corvus Business Development Services:

__________________________                 Date:  __________
Gregory J. Martin
President

For Grand Prix Sports, Inc.

__________________________                 Date:  __________
Cary Burch

__________________________                 Date:  __________
Randolf KatzEXHIBIT 4.1

                         2002 STOCK COMPENSATION PLAN I

     THIS  COMPENSATION  PLAN is  adopted  this  1st  day of  August,  2002,  by
PocketSpec Technologies Inc., a Colorado corporation with its principal place of
business being located at 3225 East 2nd Ave., Denver, Colorado 80206.

                                   WITNESSETH:

     WHEREAS,  the Board of  Directors of  PocketSpec  Technologies  Inc.,  (the
"Company")  has determined  that it would be to its  advantage,  and in its best
interests,  to  grant  certain  consultants  and  advisors,  as well as  certain
employees,  the  opportunity  to  purchase  stock in the  Company as a result of
compensation for their service; and

     WHEREAS, the Board of Directors (the "Board") believes that the Company can
best obtain advantageous benefits by issuing stock and/or granting stock options
to such designated individuals from time to time, although these options are not
to be granted  pursuant  to Section 422 and  related  sections  of the  Internal
Revenue Code as amended;

     NOW THEREFORE,  the Board adopts this as the 2002  COMPENSATION PLAN I (the
"Plan").

1.00         EFFECTIVE DATE AND TERMINATION OF PLAN

          The effective date of the Plan is August 1, 2002, which is the day the
     Plan was adopted by the Board.  The Plan will  terminate  on the earlier of
     the date of the  grant of the  final  option  for the last  share of common
     stock  allocated  under  the  Plan or ten  years  from  the  date  thereof,
     whichever is earlier, and no options will be granted thereafter pursuant to
     this Plan.

2.00         ADMINISTRATION OF PLAN

          The Plan  shall be  administered  by the  Board,  which may adopt such
     rules and  regulations for its  administration  as it may deem necessary or
     appropriate,  or may be  administered  by a  Compensation  Committee  to be
     appointed by the Board,  to have such  composition  and duties as the Board
     may from time to time determine.

3.00         ELIGIBILITY TO PARTICIPATE IN THE PLAN

          3.01  Subject  to  the  provisions  of the  Plan,  the  Board,  or its
     designee,   shall  determine  and  designate,   from  time  to  time  those
     consultants,  advisors,  and  employees  of the  Company,  or  consultants,
     advisors,  and  employees  of a parent  or  subsidiary  corporation  of the
     Company,  to whom shares are to be issued and/or  options are to be granted
     hereunder  and the number of shares to be optioned from time to time to any
     individual or entity.  In determining  the  eligibility of an individual or
     entity to receive shares or an option, as well as in determining the number
     of shares to be issued and/or  optioned to any  individual  or entity,  the
     Board, or its designee,  shall consider the nature and value to the Company
     for the  services  which have been  rendered  to the Company and such other
     factors as the Board, or its designee, may deem relevant.

          3.02 To be eligible to be selected to receive an option, an individual
     must  be  a  consultant,  advisor  or  an  employee  of  the  Company  or a
     consultant,  advisor, or an employee of a parent or subsidiary  Corporation
     of the  Company.  The grant of each option  shall be  confirmed  by a Stock
     Option Agreement which shall be executed by the Company and the optionee as
     promptly  as  practicable  after  such  grant.  More than one option may be
     granted to an individual or entity. Shares shall be issued directly to such
     entities.

<PAGE>

          3.03 An option  may be granted to any  individual  or entity  eligible
     hereunder, regardless of his previous stockholdings.

          3.04  The  option  price  (determined  as of the time  the  option  is
     granted)  of the stock for which any person may be  granted  options  under
     this Plan (and all other plans of the  Company) may be increased or reduced
     by the Board, or its designee, from time to time.

4.00         NUMBER OF SHARES SUBJECT TO THE PLAN

          The Board,  prior to the time shall  reserve  for the  purposes of the
     Plan a total of Seven  Hundred  Thousand  (700,000) of the  authorized  but
     unissued  shares of common shares of the Company,  provided that any shares
     as to which an option  granted  under the Plan remains  unexercised  at the
     expiration thereof may be the subject of the grant of further options under
     the Plan  within the  limits and under the terms set forth in Article  3.00
     hereof.

5.00         PRICE OF COMMON SHARES

          The initial and standard  price per share of common stock to be issued
     directly or by option  shall be the Fair Market  Value per share but may be
     changed in each case by the Board,  or its designee,  from time to time. If
     the share price is changed, the Board, or its designee, shall determine the
     share price no later than the date of the issuance of the shares and/or the
     grant of the option and at such other times as the Board,  or its designee,
     deems  necessary.  The  Board  shall  have  absolute  final  discretion  to
     determine  the price of the common stock under the Plan.  In the absence of
     such specific determination,  the share price will be the Fair Market Value
     per share.  "Fair  Market  Value"  shall mean,  if there is an  established
     market  for  the  Company's  Common  Stock  on  a  stock  exchange,  in  an
     over-the-counter  market or  otherwise,  the average  Closing  Price of the
     Company's stock for the 10 consecutive  trading days immediately before the
     valuation date,  provided that the Board may, in its discretion  provide an
     alternative definition for Fair Market Value in the instrument granting the
     right or option.  Unless  otherwise  specified  by the Board at the time of
     grant (or in the formula  applicable to such grant), the valuation date for
     purposes of  determining  the option price shall be the date of grant.  The
     Board may specify that,  instead of the date of grant,  the valuation  date
     shall be a valuation  period of up to ninety (90) days prior to the date of
     grant,  and Fair  Market  Value for  purposes  of such  grant  shall be the
     average  over the  valuation  period of the mean of the  highest and lowest
     quoted  selling  prices  on  each  date on  which  sales  were  made in the
     valuation  period.  If there is no  established  market  for the  Company's
     Common  Stock,  or if there were no sales during the  applicable  valuation
     period,  the determination of Fair Market Value shall be established by the
     Board in its sole discretion,  considering the criteria set forth in Treas.
     Reg. Section 20.2031-2 or successor regulations.

6.00         SUCCESSIVE OPTIONS

          Any option  granted under this Plan to a person may be  exercisable at
     such person's  discretion while there is outstanding any other stock option
     previously  granted to such  person,  whether  under this Plan or any other
     stock option plan of the Company.

7.00         PERIOD AND EXERCISE OF OPTION

          7.01.  Options  granted  under this Plan shall  expire on the first to
     occur of the following dates whether or not exercisable on such dates:  (i)
     five (5) years from the date the option is initially granted;  (ii) six (6)
     months from the date the person  ceases  employment  due to  permanent  and
     total  disability;  (iii) the date of termination of employment for reasons
     other than retirement,  permanent and total disability or death, unless the
     Board  determines,  in its  sole  discretion,  that it would be in the best
     interest  of the  Company to extend the  options for a period not to exceed
     three (3)  years;  or (iv)  three  (3)  months  from the date the  employee
     retires with permission of the Board.

          7.02.  Notwithstanding  Section 7.01,  any portion of any option which
     has not become  exercisable  pursuant to Section 7.03 prior to the death of
     the employee or  termination  of employment  shall expire on the employee's
     date of death or termination date, if termination is for reasons other than
     retirement or total and permanent disability.

<PAGE>

          7.03. Any option granted under this Plan may be immediately  exercised
     by the holder thereof.  Such an option may be exercised in whole or in part
     at the time it becomes  exercisable or from time to time thereafter,  until
     the expiration of the option.

8.00         PAYMENT FOR OPTIONED SHARES

          When a person  holding an option granted under this Plan exercises any
     portion  of the  option he shall pay the full  option  price for the shares
     covered by the exercise of that portion of his option  within one (1) month
     after such exercise. As soon as practicable,  after the person notifies the
     Company of the  exercise  of his option and makes  payment of the  required
     option price, the Company shall issue such shares to the person.  The Board
     may also permit a  participant  to effect a cashless or net  exercise of an
     option without  tendering any shares of the Company's  stock as payment for
     the option.  In such an event,  the participant will be deemed to have paid
     for the exercise of the option with shares of the Company's stock and shall
     receive from the Company a number of shares equal to the difference between
     (i) the shares that would have been  tendered  to pay the option  price and
     withholding  taxes, if any, and (ii) the number of options  exercised.  The
     Board may also cause the  Company to enter  into  arrangements  with one or
     more  licensed  stock  brokerage  firms whereby  participants  may exercise
     options  without  payment  therefor  but with  irrevocable  orders  to such
     brokerage  firm to immediately  sell the number of shares  necessary to pay
     the option price and  withholding  taxes,  if any, and then to transmit the
     proceeds from such sales  directly to the Company in  satisfaction  of such
     obligations.

9.00         RESTRICTIONS ON TRANSFER

          9.01 No right or  privilege  of any  person  under  the Plan  shall be
     transferable or assignable,  except to the person's personal representative
     in the event of the person's death, and except as provided in Section 9.02,
     options  granted  hereunder are  exercisable  only by the person during his
     life.

          9.02 If a person dies holding  outstanding  options issued pursuant to
     this Plan,  his  personal  representative  shall have the right to exercise
     such options only within one year of the death of the person.

10.00        RECLASSIFICATION, CONSOLIDATION OR MERGER

          If and to the extent that the number of issued  shares of common stock
     of the  Company  shall be  increased  or  reduced  by change in par  value,
     split-up reclassification,  distribution of a dividend payable in stock, or
     the like, the number of shares subject to direct issuance or an option held
     by a person  and the  option  price  per  share  shall  be  proportionately
     adjusted.  If the Company is  reorganized  or  consolidated  or merged with
     another  corporation,  the  person  shall be  entitled  to  receive  direct
     issuance or options covering shares of such reorganized,  consolidated,  or
     merged company in the same proportion,  at an equivalent price, and subject
     to the same conditions.

11.00        DISSOLUTION OR LIQUIDATION

          Upon the  dissolution  or  liquidation  of the  Company,  the  options
     granted  hereunder shall terminate and become null and void, but the person
     shall have the right  immediately  prior to such dissolution or liquidation
     to exercise  any  options  granted and  exercisable  hereunder  to the full
     extent not before exercised.

12.00        BINDING EFFECT

          This  Plan  shall  inure to the  benefit  of and be  binding  upon the
     Company  and  its  employees,   and  their  respective  heirs,   executors,
     administrators, successors and assigns.

13.00        ADOPTION OF PLAN

          This  Plan has been duly  adopted  by the  Board of  Directors  of the
     Company on August 1, 2002.

14.00        NOTICES

          Any  notice  to be given to the  Company  under the terms of this plan
     shall be  addressed  to such  address  as is set  forth on the  first  page
     hereof.

<PAGE>

     IN WITNESS WHEREOF,  the Company has caused this Plan to be executed on its
behalf by its President, to be sealed by its corporate seal, and attested by its
Secretary effective the day and year first above written.

                                      PocketSpec Technologies Inc.

                                      By  /s/ F. JEFFREY KRUPKA
                                         ------------------------------
                                         President

ATTEST:

/s/ CYNTHIA KETTL
------------------------
Secretary                             (SEAL)

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