Document:

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                                                                 Exhibit 10(vii)

                    FANZ ENTERPRISES, INC. PROMOTIONAL SHARES
                                LOCK-IN AGREEMENT

I. This Promotional Shares Lock-In Agreement ("Agreement"), which was entered
into on the _____ day of _____, 2001, by and among FANZ ENTERPRISES, INC.
("Issuer"), whose principal place of business is located in 3020-I Prosperity
Church Rd., Charlotte, North Carolina 28269-7197, and JACKSON ROSCOE
MOTORSPORTS, LLC and MICHAEL J. WURTSBAUGH (each individually a "Security
Holder" and collectively the "Security Holders") witnesses that:

         A.       Issuer has filed an application with the Securities
                  Administrator of the States of Alabama, Arizona, Arkansas,
                  California, Colorado, Connecticut, Delaware, Florida, Georgia,
                  Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,
                  Maryland, Massachusetts, Michigan, Minnesota, Mississippi,
                  Nevada, New Hampshire, New Jersey, New York, North Carolina,
                  Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina,
                  Tennessee, Texas, Virginia, West Virginia, and Wyoming
                  ("Administrators") to register certain of its Equity
                  Securities for sale to public investors who are residents of
                  those states ("Registration");

         B.       The Security Holders are the owners of the shares of common
                  stock or similar securities and/or possesses convertible
                  securities, warrants, options or rights which may be converted
                  into, or exercised to purchase shares of common stock or
                  similar securities of Issuer.

         C.       As a condition to Registration, the Issuer and the Security
                  Holders ("Signatories") agree to be bound by the terms of this
                  Agreement.

II. THEREFORE, the Security Holders agree not to sell, pledge, hypothecate,
assign, grant any option for the sale of, or otherwise transfer or dispose of,
whether or not for consideration, directly or indirectly, PROMOTIONAL SHARES as
defined in the North American Securities Administrators Association ("NASAA")
Statement of Policy on Corporate Securities Definitions and all certificates
representing stock dividends, stock splits, recapitalizations, and the like,
that are granted to, or received by, the Security Holder while the PROMOTIONAL
SHARES are subject to this Agreement ("Restricted Securities").

         Beginning two years from the completion date of the public offering,
two and one-half percent (2 1/2 %) of the Restricted Securities may be released
each quarter pro rata among the Security Holders. All remaining Restricted
Securities shall be released from escrow on the anniversary of the fourth year
from the completion date of the public offering.

III. THEREFORE, the Signatories agree and will cause the following:

         A.       In the event of a dissolution, liquidation, merger,
                  consolidation, reorganization, sale or exchange of the
                  Issuer's assets or securities (including by way of tender

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                  offer), or any other transaction or proceeding with a person
                  who is not a Promoter, which results in the distribution of
                  Issuer's assets or securities ("Distribution"), while this
                  Agreement remains in effect that:

                  1.       All holders of Issuer's EQUITY SECURITIES will
                           initially share on a pro rata, per share basis in the
                           Distribution, in proportion to the amount of cash or
                           other consideration that they paid per share for
                           their EQUITY SECURITIES (provided that the
                           Administrator has accepted the value of the other
                           consideration), until the shareholders who purchased
                           Issuer's EQUITY SECURITIES pursuant to the public
                           offering ("Public Shareholders") have received, or
                           have had irrevocably set aside for them, an amount
                           that is equal to one hundred percent (100%) of the
                           public offering's price per share times the number of
                           shares of EQUITY SECURITIES that they purchased
                           pursuant to the public offering and which they still
                           hold at the time of the Distribution, adjusted for
                           stock splits, stock dividends recapitalizations and
                           the like; and

                  2.       All holders of Issuer's EQUITY SECURITIES shall
                           thereafter participate on an equal per share basis
                           times the number of shares of EQUITY SECURITIES they
                           hold at the time of the Distribution, adjusted for
                           stock splits, stock dividends, recapitalizations and
                           the like.

                  3.       The Distribution may proceed on lesser terms and
                           conditions than the terms and conditions stated in
                           paragraphs 1 and 2 above if a majority of the EQUITY
                           SECURITIES that are not held by Security Holders,
                           officers, directors, or Promoters of the Issuer, or
                           their associates or affiliates vote, or consent by
                           consent procedure, to approve the lesser terms and
                           conditions.

         B.       In the event of a dissolution, liquidation, merger,
                  consolidation, reorganization, sale or exchange of the
                  Issuer's assets or securities (including by way of tender
                  offer), or any other transaction or proceeding with a person
                  who is a Promoter, which results in a Distribution while this
                  Agreement remains in effect, the Restricted Securities shall
                  remain subject to the terms of this Agreement.

         C.       Restricted Securities may be transferred by will, the laws of
                  descent and distribution, the operation of law, or by order of
                  any court of competent jurisdiction and proper venue.

         D.       Restricted Securities of a deceased Security Holder may be
                  hypothecated to pay the expenses of the deceased Security
                  Holder's estate. The hypothecated Restricted Securities shall
                  remain subject to the terms of this Agreement. Restricted
                  Securities may not be pledged to secure any other debt.

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         E.       Restricted Securities may be transferred by gift to the
                  Security Holder's family members, provided that the Restricted
                  Securities shall remain subject to the terms of this
                  Agreement.

         F.       With the exception of paragraph A.3 above, the Restricted
                  Securities shall have the same voting rights as similar EQUITY
                  SECURITIES not subject to the Agreement.

         G.       A notice shall be placed on the face of each stock certificate
                  of the Restricted Securities covered by the terms of the
                  Agreement stating that the transfer of the stock evidenced by
                  the certificate is restricted in accordance with the
                  conditions set forth on the reverse side of the certificate;
                  and

         H.       A typed legend shall be placed on the reverse side of each
                  stock certificate of the Restricted Securities representing
                  stock covered by the Agreement which states that the sale or
                  transfer of the shares evidenced by the certificate is subject
                  to certain restrictions until ________________ (insert date of
                  termination of the Agreement) pursuant to an agreement between
                  the Security Holder (whether beneficial or of record) and
                  Issuer, which agreement is on file with Issuer and the stock
                  transfer agent from which a copy is available upon request and
                  without charge.

         I.       The term of this Agreement shall begin on the date that the
                  Registration is declared effective by the Administrators
                  ("Effective Date") and shall terminate:

                  1.       On the anniversary of the fourth year from the
                           completion date of the public offering; or

                  2.       On the date the Registration has been terminated if
                           no securities were sold pursuant thereto; or

                  3.       If the Registration has been terminated, the date
                           that checks representing all of the gross proceeds
                           that were derived therefrom and addressed to the
                           public investors have been placed in the U.S. Postal
                           Service with first class postage affixed; or

                  4.       On the date the securities subject to this Agreement
                           become "Covered Securities," as defined under the
                           National Securities Markets Improvement Act of 1996.

         J.       This Agreement to be modified only with the written approval
                  of the Administrators.

IV.      THEREFORE, Issuer will cause the following:

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         A.       A manually signed copy of the Agreement signed by the
                  Signatories to be filed with the Administrators prior to the
                  Effective Date;

         B.       Copies of the Agreement and a statement of the per share
                  initial public offering price to be provided to the Issuer's
                  stock transfer agent;

         C.       Appropriate stock transfer orders to be placed with Issuer's
                  stock transfer agent against the sale or transfer of the
                  shares covered by the Agreement prior to its expiration,
                  except as may otherwise be provided in this Agreement;

         D.       The above stock restriction legends to be placed on the
                  periodic statement sent to the registered owner if the
                  securities subject to this Agreement are uncertificated
                  securities.

Pursuant to the requirements of this Agreement, the Signatories have entered
into this Agreement, which may be written in multiple counterparts and each of
which shall be considered an original. The Signatories have signed the Agreement
in the capacities, and on the dates, indicated.

IN WITNESS WHEREOF, the Signatories have executed this Agreement as of the date
first written above.

Issuer:                                   Security Holders:

FANZ ENTERPRISES, INC.                    JACKSON ROSCOE MOTORSPORTS, LLC

By:                                       By:
    -----------------------------            ----------------------------------

Name:                                     Name:
      ---------------------------              --------------------------------

Title:                                    Title:
       --------------------------               -------------------------------

                                          MICHAEL J. WURTSBAUGH

                                          X
                                           ------------------------------------
                                           Michael J. Wurtsbaugh<PAGE>   1
                                                                Exhibit 10(viii)

                        STILLWATER CAPITAL ADVISORS, LLC
                                 SUN TRUST PLAZA
                            303 PEACHTREE STREET, NE
                                   SUITE 4560
                                ATLANTA, GA 30308
                       (317) 815-9373 FAX: (520) 222-0982

                                 January 1, 2001

Mr. J. Roe Hitchcock
Chief Executive Officer
FanZ Enterprises, Inc.
3020-I Prosperity Church Road
Suite 293
Charlotte, NC    28269-7197

Dear Mr. Hitchcock:

This letter will confirm the engagement of Stillwater Capital Advisors, LLC (the
"Advisor") by FanZ Enterprises, Inc. ("FANZ" or the "Company") to act as
financial advisor to assist the Company in preparation of its business plan and
to provide general financial consulting services in connection with the growth
initiatives of FANZ ("Advisory Program") during the Engagement Period as defined
herein. It is contemplated that the Advisor shall use its best efforts to assist
the Company in preparing and reviewing the documentation needed to complete a
business plan which includes a public offering of the Company's securities to
meet its growth initiatives (the "Capital Raising Program"). Our acting as
financial advisor shall be subject to the following general terms and
conditions:

1.       The Company has informed the Advisor that it intends to pursue the
         Capital Raising Program and has equity financing needs of up to Twenty
         Five Million Dollars ($25,000,000) to implement its business plan.

2.       The Advisory Program is subject to the satisfactory completion of our
         normal due diligence analysis. In undertaking the Advisory Program, the
         Advisor will rely, without independent verification, on the accuracy
         and completeness of all information that is furnished by the Company,
         its agents or other such representatives.

3.       The Advisor shall receive from the Company or its successors, a cash
         Advisory Fee equal to Seven Hundred and Fifty Thousand Dollars
         ($750,000). This Agreement, once effective, may be terminated by the
         Company providing thirty (30) days prior written notice, to the
         Advisor, of its election of termination.

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4.       It shall be the Company's obligation to bear all the reasonable out of
         pocket expenses of the Advisor in connection with the Advisory program.
         These expenses shall include, but not be limited to, the Advisor's
         reasonable outside legal fees, due diligence, preparation of the
         business plan and related documentation, travel expenses and any other
         out-of-pocket expenses.

5.       The Company agrees that it will not negotiate with any other advisor
         during the Engagement Period (or at least until notice of termination
         is given hereunder) following execution of this letter regarding this
         or a similar assignment. The Company agrees to promptly make available
         all information reasonably required by the Advisor. If, for any reason
         whatsoever, the Capital Raising Program contemplated by this letter is
         not consummated, the Advisor shall not be liable or responsible for any
         expense of the Company, for any charges, claims or damages of any kind
         or nature whatsoever arising out of this letter or the proposed
         financing or the failure to proceed therewith or otherwise, and the
         Company shall indemnify the Advisor against any and all claims, losses
         or damages arising out of any such events except for claims, losses, or
         damages arising as a result of the gross negligence or willful
         misconduct of the Advisor.

6.       It is understood that the services of the Advisor hereunder are limited
         to those contained herein, and the Company agrees to indemnify the
         Advisor and hold it harmless from and against any and all losses,
         claims, damages, liabilities and expenses including expense of
         litigation or preparation therefore, which may be asserted against the
         Advisor, its officers, directors and affiliates in connection with or
         arising out of this engagement, except for such losses, claims,
         damages, liabilities and expenses arising out of this engagement, and
         arising solely as a result of the gross negligence, bad faith, self
         dealing and criminal conduct of the Advisor. The Company agrees that
         neither the Advisor nor any of its affiliates, employees, agents,
         shareholders or directors shall have any liability (whether in contract
         or tort or otherwise) except to the extent that such liability arises
         solely by reason of the gross negligence or willful misconduct of the
         Advisor. The foregoing indemnity shall survive the completion of the
         services contemplated herein.

7.       This letter is intended solely for the use by the Company in evaluating
         whether to accept the engagement agreement with the Advisor. Copies of
         this engagement letter and any work generated through this engagement
         may not be released to any person who is not a member of the Company's
         management group, or its Board of Directors, or an agent for the
         Company, without the express written consent of the Advisor.

8.       The Company represents that consummation of the transaction
         contemplated herein will not conflict with or result in a breach of any
         of the terms, provisions or conditions of any agreement, written or
         otherwise, to which it is a party.

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9.       The term of the Advisor's engagement hereunder shall be for the 365 day
         period following the execution date of this letter (the "Engagement
         Period") unless terminated earlier in accordance with the terms
         hereunder, provided that any rights or obligations that accrue
         hereunder during that term shall survive termination of the Advisor's
         engagement.

10.      Stillwater, is acting as an Advisor to the Company, and is performing
         financial advisory services described in the first paragraph of this
         letter.

This letter shall serve as an indication of our mutual intention as regards to
the proposed Advisory Program. Please affix your signature and date in the place
designated and by so doing, you will confirm that the foregoing correctly sets
forth our understanding in connection with the proposed Advisory Program.

We look forward to working with you on this transaction.

Very truly yours,                                 Accepted and Agreed to:

STILLWATER CAPITAL ADVISORS, LLC                  FANZ ENTERPRISES, INC.

By: /s/ R.L. Farmer                               By: /s/ J. Roe Hitchcock
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