Document:

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                                                                   EXHIBIT 10.34

                    SETTLEMENT AGREEMENT AND GENERAL RELEASE

     This Settlement Agreement and General Release (this "Agreement") is made
by and between eSat, Inc., a Nevada corporation (the "Company"), and David
Coulter ("Coulter") as of the date executed by both parties (the "Effective
Date").

     WHEREAS, Coulter and the Company are parties to that certain Resignation
Agreement dated March 22, 1999 (the "Resignation Agreement");

     WHEREAS, the parties desire to enter into this Agreement to resolve
certain disputes, including matters existing under the Resignation Agreement;

     WHEREAS, Coulter claims the Company currently owes to Coulter the sum of
$290,000 (the "Resignation Payments") pursuant to the terms of the Resignation
Agreement.

     NOW, THEREFORE, in consideration of the mutual promises made herein, the
parties hereto agree as follows;

     1.   Consideration. Upon the execution of this Agreement, the Company
agrees to pay to Coulter, and Coulter agrees to accept from the Company, in
full and complete satisfaction of the Resignation Payments, the sum of $90,000.
Upon payment of the $90,000 the Company shall have no continuing payment
obligations to Coulter under the Resignation Agreement.

     2.   Registration Rights. In consideration for entering into this
Agreement, the Company agrees to grant, and hereby does grant, to Coulter
customary nontransferable piggyback registration rights with normal underwriter
outs on all Company registrations following the Company's current registration
statement on Form SB-2, with respect to the 1,500,000 shares of the Company's
common stock issuable to Coulter upon exercise of his stock options (the "eSat
Shares"). The foregoing piggyback registration rights shall be set forth in a
Registration Rights Agreement between Coulter and the Company.

     3.   Release of URL. Coulter hereby agrees to transfer to the Company all
right, title and interest he may have in the Internet URL "GlobalMediaTech.com"
and all related URL's, trademarks and copyrights and to execute any documents
requested by the Company reasonably required to effect such transfer.

     4.   Reimbursement of Penalties. The Company acknowledges and understands
that Coulter has sold shares of the Company's common stock to Generation
Capital. The Company hereby agrees that it will not delay the transfer of any
shares sold by Coulter and hereby agrees to reimburse Coulter for, or pay on
his behalf, any penalties incurred by Coulter as a result of the Company's
delaying such transfer.

     5.   Non-Admission of Liability. This Agreement shall not in any way be
construed as an admission by either party that they have acted wrongfully with
respect to the other or any other person, or that either party has any rights
whatsoever against the other, and each party specifically disclaims any
liability to or wrongful acts against the other or any other person, on the
part of themselves, their employees or agents.

<PAGE>   2
     6.   Mutual Release of Claims. In consideration of this Agreement, except
as to the rights and obligations arising under this Agreement, each party
hereby fully releases, discharges and acquits the other party, and such party's
post and present representatives, agents, employees, partners, officers,
directors, affiliates, successors and assigns from any and all past, present,
and future claims, debts, promises, acts, demands, causes of action,
obligations, rights and/or liabilities of every kind and nature whatsoever,
whether known or unknown, suspected or unsuspected, including but not limited
to, those which arise out of or are in anyway connected with or related to the
Resignation Agreement.

     7.   Civil Code Section 1542. Coulter and the Company each represents that
he or it is not aware of any claims against the other party other than the
claims that are released by this Agreement. Each party acknowledges that he or
it has been advised by legal counsel and is familiar with the provisions of
California Civil Code Section 1542, which provides as follows:

          A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS
          WHICH THE CREDITOR DOES NOT KNOWN OR SUSPECT
          TO EXIST IN HIS FAVOR AT THE TIME OR EXECUTING
          THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE
          MATERIALLY AFFECTED HIS SETTLEMENT WITH THE
          DEBTOR.

     BEING AWARE OF SAID CODE SECTION, EACH AGREES TO EXPRESSLY WAIVE ANY RIGHTS
HE OR IT MAY HAVE THEREUNDER, AS WELL AS UNDER ANY OTHER STATUTE OR COMMON LAW
PRINCIPLES OF SIMILAR AFFECT.

          Coulter's                     Company's
          Initials ______               Initials [illegible]

     8.   Confidentiality. Each party agrees to use his or its best efforts to
maintain in confidence the existence of this Agreement, the contents and terms
of this Agreement and the consideration for this Agreement (hereinafter
collectively referred to as "Settlement Information"), except as disclosure may
be required by federal securities laws. Each party agrees to take every
reasonable precaution to prevent disclosure of any Settlement Information to
third parties, and agrees that there will be no publicity, directly or
indirectly, concerning any Settlement Information, except as may be required by
federal securities laws. Each party agrees to take every precaution to
disclose Settlement Information only to those attorneys, accountants,
governmental entities, judicial officers and family members who have a
reasonable need to know of such Settlement Information.

     9.   No Harmful Conduct. Each party agrees that it will not act in any
manner that might damage the business, relationships, prospects, reputation or
operations of the other party, including but not limited to making any
disparaging remarks, comments or publications regarding the other party. In
this regard, Company acknowledges and agrees that it will review prior
disclosures or written comments that it has made regarding Coulter in documents
filed with the Securities and Exchange Commission and will within a reasonable
time retract any disparaging statements or amend the applicable filings to
remove such disparaging statements.

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     10.  Costs. The parties hereto shall each bear their own costs, expert
fees, attorneys' fees and other fees incurred in connection with this Agreement.

     11.  Arbitration. The parties hereto agree that any and all disputes
arising out of the terms of this Agreement, their interpretation, and any of the
matters herein released, shall be subject to binding arbitration in Orange
County before the American Arbitration Association, or by an arbitrator to be
mutually agreed upon. The parties hereto agree that the prevailing party in any
arbitration shall be entitled to injunctive relief in any court of competent
jurisdiction to enforce the arbitration award. The parties hereto agree that the
prevailing party in any arbitration shall be awarded its reasonable attorney's
fees and costs. The award of the arbitrator shall be issued and transmitted to
the parties, and judgement on the award may be entered in any court having
jurisdiction thereunder.

     12.  Authority. Each party represents and warrants that he or it has the
capacity to act on his or its own behalf and on behalf of all who might claim
through such party to bind them to the terms and conditions of this Agreement.
Each party warrants and represents that there are no liens or claims of lien or
assignments in law or equity or otherwise of or against any of the claims or
causes of action released herein.

     13.  Representation by Attorney; No Representations. Each party represents
that he or it has consulted, or had adequate opportunity to consult, with an
attorney, and has carefully read and understands the scope and effect of the
provisions of this Agreement. Neither party has relied upon any representations
or statements made by the other party hereto which are not specifically set
forth in this Agreement.

     14.  Severability. In the event that any provision hereof becomes or is
declared by a court of competent jurisdiction to be illegal, unenforceable or
void, this Agreement shall continue in full force and effect without said
provision.

     15.  Entire Agreement. This Agreement represents the entire agreement and
understanding between Company and Coulter concerning the terms hereof, and
supersedes and replaces any and all prior agreements and understandings between
the parties.

     16.  No Oral Modification. This Agreement may only be amended in writing
signed by the parties hereto.

     17.  Governing Law. This Agreement shall be governed by the laws of the
State of California without reference to its conflict/choice of law rules.

     18.  Counterparts. This Agreement may be executed in counterparts,
including electronically transmitted counterparts, and each counterpart shall
have the same force and effect as an original and shall constitute an
effective, binding agreement on the part of each of the undersigned.
<PAGE>   4

     IN WITNESS WHEREOF, Company and Coulter have executed this Agreement on
the respective dates set forth below.

eSAT, INC.                               Dated:  February 23, 2000

By: /s/ MICHAEL C. PALMER
   ------------------------------

Name: Michael C. Palmer
     ----------------------------

Title: Chief Executive Officer
      ---------------------------

COULTER                                  Dated: ____________, 2000

---------------------------------
David Coulter<PAGE>   1
                                                                   EXHIBIT 10.35

                              EMPLOYMENT AGREEMENT

        This Employment Agreement ("Agreement") is entered into this 11th day of
May, 2000 by and between eSat, Inc., a Nevada corporation ("eSat"), and Leon
Shpilsky ("Executive"), to be effective as of May 8, 2000 (the "Effective
Date"), and is based in part on the existence of the following facts:

                                    RECITALS

        A.      eSat has been formed to, among other things, provide technology
                to internet businesses and satellite communications systems; and

        B.      The Executive has certain expertise in technology and management
                issues concerning entities such as eSat; and

        C.      eSat desires to employ Executive in the capacity of Senior Vice
                President - Managing Director of European Operations and
                Executive desires to accept employment with eSat pursuant to the
                provisions of this Agreement.

                               TERMS OF EMPLOYMENT

        In consideration of the mutual promises, covenants, terms and conditions
set forth below, eSat and the Executive agree as follows:

        1. Employment. eSat hereby employs Executive as a Senior Vice President
- Managing Director of European Operations of eSat for and during the term
hereof subject to the reasonable discretion of eSat's Board of Directors and
Executive hereby accepts such employment. Beginning on or before July 15, 2000,
and continuing for a period of not less than twelve months thereafter, Executive
shall be based at eSat's office in Western Europe.

        2. Duties of Executive. The Executive shall have the duties,
responsibilities and authorities set forth in the position description, attached
hereto as Exhibit "A," and as may be reasonably assigned to the Executive from
time to time by the Chief Executive Officer or the Board of Directors. The
Executive agrees to devote the Executive's full time, best efforts, abilities,
knowledge and experience to the faithful performance of the duties,
responsibilities and authorities which reasonably may be assigned to the
Executive and which are consistent with the Executive's position.

        3. Term. This Agreement shall be effective as of the Effective Date and
shall continue in force and effect for a period of 36 months thereafter (the
"Term") unless terminated as provided in Section 6 hereof. At the end of the
Term, this Agreement will automatically renew for successive one year terms
(each a "Renewal Term"), unless either party provides written notice no less
than 120 days prior to the end of any subsequent Renewal Term of such party's
intention not to renew the Agreement.

        4. Compensation. eSat shall pay the Executive, as full compensation for
services rendered by the Executive under this Agreement, as follows:

<PAGE>   2

        (a)    Base Salary. eSat initially shall pay the Executive a base salary
               (the "Base Salary") at the rate of $125,000 per year. Such Base
               Salary for each year shall be paid by eSat to the Executive in
               equal semi-monthly installments. The Executive's salary shall be
               reviewed for increase by the Board of Directors no less than
               annually thereafter.

        (b)    Bonus Compensation. Each year during the Term (and any subsequent
               Renewal Term) , Executive shall be eligible to earn an annual
               bonus ("Bonus Compensation") based upon Executive's performance
               as determined by eSat's Board of Directors. Such Bonus
               Compensation, if any, shall be determined by eSat and paid to the
               Executive within 30 days after completion of eSat's annual
               audited financial statements.

        (c)    Salary Adjustment. The parties hereto intend that during the time
               that Executive is based in Western Europe, Executive's monthly
               net cash compensation (after payment of all U.S. and Austrian
               taxes and reasonable living expenses) will not be lower than such
               compensation would have been had Executive been employed by eSat
               at the same gross compensation level in Los Angeles, California.
               If Executive's net cash compensation during any month during the
               Term or a Renewal Term is less than the monthly compensation that
               would be received by Executive had he been based in Los Angeles,
               California (as determined by Executive, subject to review and
               approval by eSat), eSat shall pay Executive a cash salary
               adjustment to compensate for such difference. Such salary
               adjustment (if any) shall be paid within 30 days of the end of
               each month for which such adjustment is due. The parties hereto
               understand and agree that, at the end of each Term or Renewal
               Term, the aggregate amount of such monthly adjustments shall be
               subject to review and further adjustment consistent with the
               intent of this paragraph.

        5. Employment Benefits. In addition to the compensation payable to the
Executive hereunder, the Executive shall be entitled to the following benefits
commencing on the Effective Date:

        (a)    Employment Benefits. As an employee of eSat, the Executive shall
               participate in and receive such fringe benefits as may be in
               effect from time to time for regular, full-time employees in
               similar positions with eSat, including, but not limited to, an
               expense account to be used solely for business purposes. In
               addition, effective upon execution of this Agreement, Executive
               will be provided worldwide health/dental insurance coverage for
               himself and his dependents.

        (b)    Vacation Time. The Executive shall be entitled to twenty paid
               vacation business days per year. Such vacation may not be
               cumulated from year to year.

        (c)    Sick Time. Executive will receive five paid sick days per year,
               which will be available to Executive for actual days off for
               illness. Unused sick days will not accrue from year to year.

                                       2.
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        (d)    Professional Meetings. The Executive also shall be entitled to
               five paid days per year in which to attend conferences or
               seminars. The costs of the Executive's attendance at such
               conferences or seminars shall be borne by eSat. This provision
               shall not be construed to limit Executive's ability to travel for
               business purposes or eSat's reimbursement for pre-approved
               expenses incurred in such business travel.

        (e)    Stock Options.

                (1)     Grant of Options. Executive shall be granted 300,000
                        eSat common stock options (the "Options") with an
                        exercise price of $3.00 per share.

                (2)     Vesting. The Options shall vest 100,000 per each year
                        covered by this Agreement, subject to subsection (c)
                        below.

                (3)     Accelerated Vesting.

                        (a)     Termination Without Cause. If Executive is
                                terminated without cause, the Options shall vest
                                as follows: (i) if Executive has been employed
                                by eSat for at least one year and one day,
                                200,000 of the Options shall immediately vest
                                upon such termination; and (ii) if Executive has
                                been employed by eSat for at least two years and
                                one day all 300,000 of the Options shall
                                immediately vest upon such termination. If
                                Executive is terminated for cause (as defined in
                                Section 6(c) below), all unvested options shall
                                be forfeited.

                        (b)     Change in Control. All unvested Options shall
                                immediately vest upon the occurrence of a change
                                in control as defined in Section 7 hereof.

        (f)    Automobile Allowance. eSat will provide Executive with a monthly
               automobile expense allowance, which shall include an allowance
               for monthly automobile lease or rental payments, automobile
               insurance, repairs, tax, title and registration fees. In
               addition, Executive shall be provided a gasoline expense
               allowance sufficient to cover all business-related and reasonable
               and normal personal commuting expenses.

        (g)    Moving Expenses. eSat shall pay all reasonable and pre-approved
               moving/relocation expenses related to Executive and his family's
               relocation to Western Europe.

        6. Termination. This Agreement and the Executive's employment hereunder
may be terminated without any breach of this Agreement at any time only by
reason of and in accordance with the following provisions:

        (a)    Death. The Executive's death.

                                       3.
<PAGE>   4

        (b)    Total Disability. The Executive shall be prevented from
               performing the Executive's duties hereunder by reason of becoming
               totally disabled as hereinafter defined. For purposes of this
               Agreement, the Executive shall be deemed to have become totally
               disabled when (i) the Executive either receives "total disability
               benefits" under (a) Social Security, or (b) eSat's disability
               plan, if any (whether funded with insurance or self-funded by
               eSat), or (ii) the Board of Directors of eSat, upon the written
               report of a qualified physician designated by the Board of
               Directors of eSat or its insurers, shall have determined that the
               Executive has become physically and/or mentally incapable of
               performing the Executive's duties under this Agreement on a
               permanent basis. The foregoing notwithstanding, if Executive
               suffers an illness or injury which prevents executive from
               attending to Executive's duties hereunder for a period of six
               consecutive months during any 12 month period during the Term, or
               any subsequent Renewal Term, Executive will be considered
               "totally disabled".

        (c)    Termination by eSat for Cause. eSat may discharge the Executive
               for cause and terminate this Agreement immediately upon written
               notice to the Executive. For purposes of this Agreement, a
               "discharge for cause" shall mean termination of the Executive for
               one or more of the following reasons:

                (1)     Mismanagement or neglect of the Executive's duties as
                        determined by eSat's Board of Directors after notice to
                        the Executive of the particular details thereof and a
                        period of thirty (30) days thereafter within which to
                        cure each such act or acts of mismanagement or neglect,
                        and the failure of the Executive to cure such act or
                        acts within such 30-day periods;

                (2)     Conviction of the Executive by a court of competent
                        jurisdiction of a felony or a crime involving moral
                        turpitude; or

                (3)     The Executive's failure to comply with any material
                        provision of this Agreement that has not been cured
                        within 10 days after notice of such noncompliance has
                        been given by eSat to the Executive.

        (d)    Termination with Notice. Either party may terminate this
               Agreement, for a reason other than as set forth herein or without
               reason at any time upon 90 days written notice to the other
               party.

        (e)    Termination by the Executive for Cause. The Executive may
               terminate this Agreement at any time for Cause. For purposes of
               this Agreement, the term "Cause" shall mean, without the
               Executive's express written consent, the occurrence of any of the
               following circumstances:

                (1)     The assignment to the Executive of duties that are
                        materially inconsistent with the Executive's position
                        with eSat immediately prior to such change or a material
                        adverse alteration or diminution in the nature or status
                        of the Executive's authority, duties or responsibilities
                        from those in effect immediately prior thereto; or

                                       4.
<PAGE>   5

                (2)     Any failure by eSat to comply with any material
                        provision of this Agreement (including the failure by
                        eSat to materially comply with any of the provisions of
                        Sections 4 or 5) that has not been cured within 30 days
                        after notice of such noncompliance has been given by the
                        Executive to eSat.

        7. Change of Control. In the event eSat merges into, combines or
consolidates with, is acquired by, sells its assets to, or engages in any other
transaction or series of related transactions with one or more third parties
(the "Acquirer") through which, directly or indirectly, the Acquirer and its
Affiliates (as defined in the Rules promulgated under the Securities Act of
1933, as amended) obtain beneficial ownership of more than 50% of eSat's
outstanding voting equity securities (including pre-transaction shares or
interests owned by the Acquirer and its Affiliates), a Change in Control shall
have occurred. In the event this Agreement is terminated without cause following
a Change in Control, Executive will receive the compensation set forth in
Section 8(b).

        8. Compensation on Termination.

        (a)    In the event this Agreement is terminated pursuant to Section 6,
               sub-sections (a), (b) or (c), the Executive shall be entitled
               only to that compensation which is accrued through the effective
               date of termination. Such compensation includes Base Salary,
               accrued vacation and accrued earned bonus, if any.

        (b)    In the event this Agreement is terminated pursuant to Section 6,
               sub-sections (d) or (e) or Section 7 (in the event the
               Executive's employment is not continued by the successor entity)
               the Executive shall be entitled to all compensation and benefits
               for a 90-day period following such termination. Such compensation
               and benefits shall be paid in three monthly installments;
               provided, however, that if this Agreement is terminated pursuant
               to Section 6, -------- ------- subsections (d) or (e) or Section
               7, during the first 12 months of this Agreement, Executive shall
               be entitled to all compensation and benefits for the entire
               initial 12-month period, including vested Options. Such
               compensation and benefits will be paid monthly.

        9. Confidentiality, Intellectual Property And Non-Competition.

        (a)    As used herein "Confidential Information" shall mean all
               information concerning eSat and its subsidiaries, and their
               business of providing various forms of technology to internet and
               communications companies (collectively the "eSat Business") which
               information is not generally available to the public and is
               valuable to the eSat Business, as the eSat Business may evolve in
               the future, including, but not limited to, customer lists,
               customer information, business relationships, trade secrets,
               technical know-how, processes, methods, techniques, procedures,
               expertise, software programs, data bases, documentation,
               financial data, personnel information, marketing strategies and
               programs, and pricing information, and all other data and
               information treated by eSat and its subsidiaries, as Confidential
               Information. Confidential Information shall not

                                       5.
<PAGE>   6

               include any information or data which (1) is available to the
               public, (2) becomes public information or widely known through
               no fault of Executive.

        (b)    Executive acknowledges that during the course of Executive's
               employment with eSat, Executive will have learned or developed in
               trust and confidence Confidential Information owned by eSat or
               its subsidiaries. At all times during Executive's employment with
               eSat and after the termination thereof, Executive shall maintain
               the Confidential Information in strict confidence and shall not
               divulge the Confidential Information to any person, corporation
               or other entity, or use in any manner, or knowingly allow another
               to have access to the Confidential Information.

        (c)    Executive agrees that, except as required in the performance of
               Executive's duties, Executive will not, at any time during
               Executive's employment or any time after the termination of
               Executive's employment, use, publish, or otherwise disclose in
               any way to any person, firm or corporation any Confidential
               Information of eSat or its subsidiaries, or of any other party to
               which eSat or its subsidiaries, owes an obligation of confidence,
               and which has not become a part of the public domain through no
               fault of Executive.

        (d)    All notes, reports, studies, data, computer printouts, financial
               information, business plans, analysis, or other documents created
               by or given to Executive during employment concerning or related
               to the eSat Business in all media forms, and whether or not
               containing or relating to Confidential Information, are the
               property of eSat and will be promptly delivered to eSat upon the
               termination of Executive's employment.

        (e)    Executive agrees that, at all times during Executive's employment
               with eSat and for a period of two years thereafter, Executive
               shall not hire any employee of eSat or its subsidiaries or to
               induce any employee of eSat or its subsidiaries to terminate his
               or her employment with eSat or its subsidiaries.

        (f)    Executive recognizes and affirms that in the event of breach by
               Executive of any of the provisions of this Section 9, money
               damages would be inadequate and eSat would have no adequate
               remedy at law. Accordingly, Executive agrees that eSat shall have
               the right, in addition to any other rights and remedies existing
               in its favor, to enforce its rights and Executive's obligations
               under this Section 9 not only by an action or actions for
               damages, but also by an action or actions for specific
               performance, injunction and/or other equitable relief to enforce
               or prevent any violations, whether anticipatory, continuing or
               future, of the provisions of this Section 9.

        (g)    If any of the provisions of this Section 9 are determined by
               arbitration or adjudicated to be excessively broad as to: (1)
               geographic area, (2) the nature of the business activity
               involved, (3) duration in time, or (4) any other attribute, the
               parties authorize the court construing the same to modify the
               excessively broad provisions to such limited extent as is
               reasonable, given the original express of

                                       6.
<PAGE>   7

               intent of the parties, and to enforce the restriction as
               modified or to eliminate the restriction if it cannot be
               reasonably modified. Any provisions of this Agreement not so
               modified or eliminated shall remain in full force and effect.

        (h)    Executive agrees that, except as otherwise required by law and
               excluding proceedings under Section 10 hereof in which eSat and
               the Executive are adverse to one another, Executive will not at
               any time without the prior consent of eSat discuss or otherwise
               divulge to any person or entity other than Executive's legal
               counsel any opinion, information, evidence or testimony which
               Executive is to offer in any litigation, arbitration, or other
               adversarial proceeding in which eSat, its interests or the
               interests of its subsidiaries or shareholders are directly or
               indirectly involved. If Executive is contacted by or approached
               by any person or entity to discuss or disclose any such matters,
               Executive will immediately report the occurrence to eSat. If
               Executive is served with legal process of any kind which requires
               Executive to disclose any such matters, Executive will
               immediately report such service to eSat, provide eSat with copies
               of the process, and decline to respond to the process until: (1)
               the last date permitted for response to the process, or (2)
               eSat's counsel shall have determined how to proceed in eSat's
               best interest, whichever event shall first occur. The covenants
               given by Executive under this Section 9 will survive the
               termination of Executive's employment.

        10. Arbitration of Disputes.

        (a)    Arbitration. All Arbitration Claims (defined below) between the
               parties shall be resolved by submission to final and binding
               arbitration under the rules of the American Arbitration
               Association ("AAA"). The parties may agree on a retired judge
               from the AAA panel. If they are unable to agree, AAA will provide
               a list of three available judges and each party shall strike one.
               The remaining judge shall serve as the arbitrator for purposes of
               resolving such dispute. The parties agree that arbitration must
               be initiated within 60 days after a party delivers a notice of
               intention to arbitrate pursuant this Section 10.

        (b)    Initiation of Arbitration; Submission Agreement. Any party to
               this Agreement may initiate arbitration of a dispute subject to
               this Paragraph, by sending written notice of an intention to
               arbitrate by registered or certified mail to all other parties
               and to AAA. The notice shall contain a description of the
               Arbitration Claim(s) asserted by the party, the amount involved
               and the remedy sought. In the event a demand for arbitration is
               made by any party to this Agreement, the parties agree to execute
               a Submission Agreement provided by AAA, in a form customarily
               used by AAA, setting forth (i) the rights of the parties if the
               matter is arbitrated and (ii) the rules and procedures to be
               followed at the arbitration hearing. Notwithstanding anything to
               the contrary contained in this Agreement, each party shall bear
               its own legal, consulting and expert witness fees in connection
               with any arbitration proceeding under this Section 10.

                                       7.
<PAGE>   8

        (c)    One-Year To Initiate Arbitration Claim. The parties agree that
               arbitration must be initiated within one year after the
               occurrence of the events on which any Arbitration Claim is based,
               and a party's failure to initiate arbitration within such
               one-year period constitutes an absolute bar to the institution of
               any new proceedings.

        (d)    "Arbitration Claim" Defined. For purposes of this Agreement,
               "Arbitration Claims" shall mean any contract, tort, statutory or
               other claim, demand, cause of action or dispute asserted by any
               party to this Agreement against any other party to this
               Agreement, arising out of or related to (i) this Agreement or any
               modification, amendment or supplement thereof, or (ii) the
               employment relationship between the parties.

        (e)    Intent of the Parties - Adequate Consideration. By this
               provision, it is the intent of the parties to establish
               procedures to accomplish the informal and inexpensive resolution
               of any Arbitration Claim between the parties without resort to
               litigation. The parties agree that their mutual, binding promises
               to arbitrate any Arbitration Claim between them represent
               valuable and adequate consideration for the enforceability of
               this provision.

        (f)    Attorneys Fees. The prevailing party in any such arbitration
               shall be entitled to recover all costs incurred and reasonable
               attorneys fees from the other party in addition to any other
               relief granted or awarded.

        NOTICE: BY INITIALING IN THE SPACE BELOW YOU ARE AGREEING TO HAVE ANY
DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE "ARBITRATION OF DISPUTES"
PROVISION DECIDED BY NEUTRAL ARBITRATION AND YOU ARE GIVING UP ANY RIGHTS YOU
MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. BY
INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOUR JUDICIAL RIGHTS TO
DISCOVERY AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY INCLUDED OR PROVIDED
FOR IN THE "ARBITRATION OF DISPUTES" PROVISION. IF YOU REFUSE TO SUBMIT TO
ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO ARBITRATE
UNDER CALIFORNIA LAW. YOUR AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY.

        WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES
ARISING OUT OF THE MATTERS INCLUDED IN THIS "ARBITRATION OF DISPUTES" PROVISION
TO NEUTRAL ARBITRATION.

        eSat's Initials                            Executive's Initials

                                       8.
<PAGE>   9

        11. General Provisions.

        (a)    Notices. All notices, requests, consents, and other
               communications under this Agreement shall be in writing and shall
               be deemed to have been delivered on the date personally delivered
               or via telecopier or on the date deposited in a receptacle
               maintained by the United States Postal Service (or the equivalent
               foreign postal service) for such purpose, postage prepaid, by
               certified mail, return receipt requested, addressed to the
               respective parties as follows:

        If to the Executive:        Leon Shpilsky

                                    ----------------------------------------

                                    ----------------------------------------

                                    ----------------------------------------

                                    Fax:
                                         -----------------------------------

        If to eSat:                 eSat, Inc.
                                    10 Universal City Plaza, Suite 1125
                                    Universal City, California  91608
                                    Attention;  Michael C. Palmer
                                    Fax: (818) 464-2799

        Either party hereto may designate a different address by providing
written notice of such new address to the other party hereto.

        (b)    Severability. If any provision contained in this Agreement is
               determined by a court of competent jurisdiction to be void,
               illegal or, subject to Section 9(g) hereof, unenforceable, in
               whole or in part, then the other provisions contained herein
               shall remain in full force and effect as if the provision which
               was determined to be void, illegal, or unenforceable had not been
               contained herein.

        (c)    Waiver, Modification, and Integration. The waiver by any party
               hereto of a breach of any provision of this Agreement shall not
               operate or be construed as a waiver of any subsequent breach by
               any party. This instrument contains the entire agreement of the
               parties concerning employment and supersedes all prior and
               contemporaneous representations, understandings and agreements,
               either oral or in writing, between the parties hereto with
               respect to the employment of the Executive by eSat and all such
               prior or contemporaneous representations, understandings and
               agreements, both oral and written, are hereby terminated. This
               Agreement may not be modified, altered or amended except by
               written agreement of all the parties hereto.

        (d)    Binding Effect. This Agreement shall be binding and effective
               upon eSat and its successors and permitted assigns, and upon the
               Executive and the Executive's heirs and representatives;
               provided, however, that eSat shall not assign this Agreement
               without the written consent of the Executive.

                                       9.
<PAGE>   10

        (e)    Governing Law. The parties intend that the laws of the State of
               California should govern the validity of this Agreement, the
               construction of its terms, and the interpretation of the rights
               and duties of the parties hereto.

        (f)    Counterpart Execution. This Agreement may be executed in two or
               more counterparts, each of which shall be deemed an original, but
               all of which together shall constitute but one and the same
               instrument.

        (g)    Entire Agreement. This Agreement contains the entire
               understanding of the parties and supersedes any prior written or
               oral expressions of the subject matter hereof.

        (h)    Assignment. This Agreement is not assignable by either party and
               neither party may delegate its duties hereunder without securing
               the prior written consent of the other party; provided, however,
               that eSat may assign this Agreement to a successor entity in the
               course of any transaction or series of related transactions in
               which eSat sells or disposes of its assets or is not a surviving
               entity and a Change in Control occurs, if and only if, the
               successor entity upon consummation of the Change in Control
               transactions assumes eSat's obligations hereunder in writing.

        The parties have executed this Agreement as of the Effective Date.

                                            ESAT, INC.

                                            By:
                                                --------------------------------
                                            Name:  Michael C. Palmer
                                            Title: President and CEO

                                            ------------------------------------
                                            LEON SHPILSKY

                                      10.
<PAGE>   11
                                    EXHIBIT A

                              Position Description

Executive shall have the title of Senior Vice President - Managing Director of
European Operations with eSat, and shall be primarily responsible for overseeing
the day-to-day European operations of eSat. Executive shall also perform such
duties as are directed by, and shall report directly to, the Board of Directors
of eSat.

                                      11.

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