Document:

Exhibit 10.1

             

            
            FIRST AMENDMENT TO

            
            EMPLOYMENT AGREEMENT

             

            
            This First Amendment to Employment Agreement (this
            “Agreement”) is made as of March 25, 2008 by Bekem Metals, Inc., a Utah
            corporation (the “Employer”), and Yermek Kudabayev, an individual resident
            in the Republic of Kazakhstan, Almaty (the “Executive”). The parties do
            hereby agree to amend, pursuant to Section 9.9 of said Employment Agreement originally
            executed as of May 1, 2006, said Employment Agreement as follows:

            
             

            
            The “Recitals” section of the Agreement is amended to
            read as follows:

             

            
            The Employer and the Executive desire the Executive’s employment
            with the Employer, and the Executive wishes to accept employment, upon the terms and
            conditions set forth in this Agreement. Retroactive to June 1, 2007 the Executive is
            appointed as President and Chief Executive Officer of the Employer on the terms and
            conditions set forth

             

            
            1. Section 2.3 is amended to read as
            follows:

             

            2.3
            DUTIES

             

            
            The Executive will have such duties as are assigned or delegated to the
            Executive by the Board of Directors, and will serve as President and Chief Executive
            Officer of the Employer. The Executive will devote his entire business time, attention,
            skill, and energy exclusively to the business of the Employer, will use his best good
            faith efforts to promote the success of the Employer's business, and will cooperate
            fully with the Board of Directors in the advancement of the best interests of the
            Employer. Nothing in this Section 2.3, however, will prevent the Executive from
            engaging in additional activities in connection with personal investments and community
            affairs that are not inconsistent with the Executive’s duties under this
            Agreement. If the Executive is elected as a director of the Employer or as a director
            or officer of any of its affiliates, the Executive will fulfill his duties as such
            director or officer without additional compensation.

             

            
            2. Section 3.1(A) is amended to read as follows:

             

            3.1
            BASIC COMPENSATION

             

            
            (A) Salary. The
            Executive will be paid a monthly salary of $15,000 ($180,000 annually), retroactive to
            June 1, 2007, subject to adjustment as provided below (the “Salary”), which
            will be payable in equal periodic installments according to the Employer's customary
            payroll practices, but no less frequently than monthly. The Salary will be reviewed by
            the Board of Directors not less frequently than annually, and may be adjusted upward or
            downward in the sole discretion of the Board of Directors, but in no event will the
            Salary be less than $180,000

            
             

            
            1

             

            
            

            

            

            per
            year. The annual salary of $180,000 shall be a net, payable to the Executive, with
            payment made in the Republic of Kazakhstan. All taxes and dues required under the
            applicable laws of Kazakhstan will be the responsibility of Bekem Metals,
            Inc.

             

            
            3. Section 3.2 shall be amended to add Section 3.2(C) as
            follows:

             

            3.2
            INCENTIVE COMPENSATION

             

            
            (C) Additional Restricted Stock
            Grant. The Employer shall amend the Bekem Metals, Inc.,
            Restricted Stock Agreement, dated April 7, 2006, (the “Original Restricted Stock
            Agreement”) to provide Executive with an additional restricted stock grant of
            38,343 common shares in the Employer. Such increase shall be accomplished by a First
            Amendment to Bekem Metals, Inc. Restricted Stock Agreement, dated March 25, 2008. (the
            “Amended Restricted Stock Agreement”) The terms and conditions of the
            additional restricted stock grant shall be set forth in the Amended Restricted Stock
            Agreement, a copy of which is attached as Exhibit “C” to this Agreement,
            and incorporated herein by this reference and shall be governed by the EMPS Research
            Corporation 2003 Stock Option Plan as adopted March 4th, 2003. Any taxation
            associated with this restricted stock grant under the laws of the Republic of
            Kazakhstan, the United States of America and/or any other applicable jurisdiction shall
            be the Executive’s sole responsibility

             

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

             

            
                	
                            
                            EMPLOYER: Bekem Metals, Inc.

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                            

                        
	
                            
                            Adam Cook, Corporate Secretary

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                            EXECUTIVE:

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                            

                        
	
                            
                            Yermek Kudabayev

                        

            

             

             

             

            
            2Exhibit 10.2

             

            
            FIRST AMENDMENT TO

            
            BEKEM METALS, INC.

            
            RESTRICTED STOCK AGREEMENT

             

            
            This First Amendment to Bekem Metals, Inc. Restricted Stock Agreement
            (this “Agreement”) is made as of March 25, 2008 by Bekem Metals, Inc., a
            Utah corporation (the “Employer”), and Yermek Kudabayev, an individual
            resident in the Republic of Kazakhstan, Almaty (the "Executive"). The parties do hereby
            agree to amend said Bekem Metals, Inc. Restricted Stock Agreement with the Grant Date
            of April 7, 2006 as follows:

             

            
            1. Section 1 is amended to read as
            follows:

             

            1.
            GRANT OF STOCK

             

            
            Pursuant to Section 3.2(B) of the Employment Agreement, as amended, the
            Executive is hereby granted, effective on the Grant Date and subject to the terms and
            conditions of this Agreement 421,772 shares of Restricted Stock, said number of shares
            being determined at market value on the Grant Date.

             

            
            2. Section 3 is amended to read as
            follows:

             

            3.
            VESTING

             

            
            The interest of the Executive in the Stock shall vest as to 95,857
            shares of such Stock on the first anniversary of the Grant Date, or April 7, 2007. The
            interest of the Executive in the Stock shall vest as to an additional 115,028 shares of
            such Stock on the second anniversary of the Grant Date, or April 7, 2008, conditioned
            on the Executive making timely Securities and Exchange Commission filings during the
            second year of Executive’s employment with the Employer. The interest of the
            Executive in the Stock shall vest as to the final 210,887 shares of such Stock on the
            third anniversary of the Grant Date conditioned on the Executive making timely
            Securities and Exchange Commission filings during the third year of Executive’s
            employment and conditioned upon the Employer having commenced commercial operations by
            no later than the end of the three year restricted period.

             

            
            1

             

            
            

            

            

            

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

             

            
                	
                            
                            EMPLOYER: Bekem Metals, Inc.

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                            Adam Cook, Corporate Secretary

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                            EXECUTIVE:

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                             

                        
	
                            
                            Yermek Kudabayev, Chief Executive Officer

                        

            

             

             

             

            
            2

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