Document:

Exhibit  10.10

                             PUT AND CALL AGREEMENT

     This  Put  and  Call  Agreement  (the  "Agreement"),  dated  as  of
April  16,  2003,  is  entered  into  by  and  between  Nick  VandenBrekel
("VandenBrekel")  and  Mark  Mroczkowski ("Mroczkowski"), jointly and severally,
and  La  Jolla  Cove  Investors,  Inc.  a  California corporation ("LJCI"), with
reference  to  the  following:

     WHEREAS, concurrently herewith, LJCI is purchasing from Sequiam Corporation
(the "Company") an 8 % Convertible Debenture in the principal amount of $300,000
(the "Debenture"), which Debenture is convertible into stock of the Company (the
"Stock");  and

     WHEREAS,  VandenBrekel  and  Mroczkowski  desire to have the opportunity to
purchase  the  Debenture  at an agreed upon future price, and LJCI is willing to
grant  such  right provided LJCI gets the opportunity to resell the Debenture at
an  agreed  upon future price. Accordingly, the parties hereto desire to provide
for  certain  put  and  call  provisions  relating  to  the  Debenture.

     WHEREA,  this  Agreement supercedes and replaces the Put and Call Agreement
between  the  parties  dated  as  of  March  5,  2003.

     NOW,  THEREFORE,  in  consideration  of  the mutual promises and convenants
contained  herein,  and  in  consideration of LJCI purchasing the Debenture, the
receipt  and  sufficiency  of  which are hereby acknowledged, the parties hereto
hereby  agree  as  follows:

     1.     Put  Right.     During  the  period  and  from  time to time between
            ----------
October  5,  2003  and  January  5, 2004 (the "Put Period"), LJCI shall have the
right  to  sell  in  its  sole  and  absolute  discretion,  and VandenBrekel and
Mroczkowski,  jointly  and  severally,  shall  thereafter have the obligation to
purchase, all or a portion of the Debenture remaining unpaid for a cash purchase
price  of  180% of the principal balance remaining unpaid, such total obligation
under  this  Section  1 not to exceed $540,000. The exercise of VandenBrekel and
Mroczkowski's  Call  and/or the conversion of the Debenture by LJCI, in whole or
in part, shall cancel a corresponding amount of LJCI's Put. The election of LJCI
to  sell  the  Debenture shall be pursuant to written notice to VandenBrekel and
Mroczkowski,  which  notice  shall be sent at least three business days prior to
the effective date of the transfer and shall specify the principal balance, plus
accrued  interest,  of  the  Debenture.  On  the effective date of the transfer,
VandenBrekel  and  Mroczkowski shall pay to LJCI (or its designee), the purchase
price  therefor  in  good  funds, and within three business days thereafter LJCI
shall  deliver  to  VandenBrekel  and Mroczkowski the Debenture together with an
assignment  thereof.  Any  transfer  hereunder  shall  be  without  warranty  or
representation  except  as  to  good  title. The obligations of VandenBrekel and
Mroczkowski  hereunder  shall not be subject to any defense, setoff, recoupment,
impairment  or termination for any reason including, without limitation, whether
the  Debenture or the stock issuable upon conversion thereof is publicly traded,
whether  the  stock  issuable  upon  conversion  of the Debenture is restricted,
whether  any  bankruptcy  proceedings  have  been  instituted  by or against the
Company  or  any  order  has  been  entered  adjudging the Company a bankrupt or
insolvent,  or  whether  the  Company  or  its  transfer  agent  consents  to or
authorizes  the  transfer.  The

                                        1
<PAGE>
obligations  of  VandenBrekel  and Mroczkowski pursuant to this Section shall be
joint  and  several and the allocation of the Debenture being purchased shall be
as  determined  among  VandenBrekel  and  Mroczkowski.

     2.     Call  Right.     During the period and from time to time between the
            -----------
date  hereof  and  October  5,  2003  (the  "Call  Period"),  VandenBrekel  and
Mroczkowski,  jointly and severally, shall have the option to purchase, and LJCI
shall  thereafter have the obligation to sell, all or a portion of the Debenture
remaining  unpaid  for  a  cash  purchase price of 200% of the principal balance
remaining  unpaid  plus  any  accrued interest. The election of VandenBrekel and
Mroczkowski  to  purchase  the  Debenture shall be pursuant to written notice to
LJCI,  which  notice  shall  be  sent  at least three business days prior to the
effective date of the transfer and shall specify the principal balance, plus any
accrued  interest,  of  the  Debenture.  On  the effective date of the transfer,
VandenBrekel  and  Mroczkowski  shall pay to LJCI (or its designee) the purchase
price  therefor  in  good  funds, and within three business days thereafter LJCI
shall  deliver  to  VandenBrekel  and Mroczkowski the Debenture together with an
assignment  thereof.  Any  transfer  hereunder  shall  be  without  warranty  or
representation  except  as  to good title. The exercise of LJCI's Put and/or the
conversion  of  the  Debenture  by  LJCI,  in  whole  or in part, shall cancel a
corresponding  amount  of  VandenBrekel  and  Mroczkowski's  Call.

     3.     Interest.  At  such time that money is due to any party, and if such
            --------
amount  is not paid within five (5) business days, then that amount shall accrue
interest  at  the  rate  of  nine  percent  (9%)  per  year.

     4.     Governing  Law.  This  Agreement shall in all respects be construed,
            --------------
interpreted  and  enforced  in  accordance  with and governed by the laws of the
State  of  California,  United  States  of  America.

     5.     Consent  to  Jurisdiction.  VandenBrekel  and Mroczkowski (i) hereby
            -------------------------
irrevocably  submit  to  the  jurisdiction  of  the United States District Court
sitting  in  the District of San Diego and the courts of the State of California
located  in  San Diego county for the purposes of any suit, action or proceeding
arising  out  of  or relating to this Agreement or the transactions contemplated
hereunder  and  (ii)  hereby  waive,  and  agree not to assert in any such suit,
action  or  proceeding,  any  claim  that  it  is  not personally subject to the
jurisdiction of such court, that the suit, action or proceeding is brought in an
inconvenient  forum  or  that  the  venue  of  the suit, action or proceeding is
improper.  VandenBrekel  and  Mroczkowski consent to process being served in any
such  suit,  action or proceeding by mailing a copy thereof to such party at the
address  in  effect  for  notices to it under this Agreement and agree that such
service  shall  constitute  good  and  sufficient  service of process and notice
thereof.  Nothing  in  this  section  shall  affect  or limit any right to serve
process  in  any  other  manner  permitted  by  law.

     6.     Attorneys'  Fees.  In  the  event  of  any  legal action between the
            ----------------
parties  with  respect  to  this  Agreement  or  the  subject matter hereof, the
prevailing  party  shall  be  entitled  to recover reasonable attorneys' fees in
addition  to  court costs and litigation expenses incurred in said legal action,
regardless  of  whether  such  legal  action  is  prosecuted  to  judgment.

     7.     Notices.  Any  notice,  demand  or  other  communication required or
            -------
permitted  under  this  Agreement  shall  be  deemed given and delivered when in
writing  and  (a)  personally  served upon the receiving party, or (b) upon hand
delivery  by telex (with correct answer back received), telecopy or facsimile at
the  address  or  number  designated  below  (if  delivered  on  a

                                        2
<PAGE>
business  day during normal business hours where such notice is to be received),
or (c) upon the third (3rd) calendar day after mailing to the receiving party by
either  (i) United States registered or certified mail, postage prepaid, or (ii)
FedEx  or other comparable overnight delivery service, delivery charges prepaid,
and  addressed  as  follows:

<TABLE>
<CAPTION>
<S>               <C>                              <C>
To VandenBrekel:  Nick VandenBrekel                with a copy to:
                  300 Sunport Lane                 LEE & GODDARD, LLP
                  Orlando, Florida 32809           18500 Von Karman Avenue, # 700
                  Facsimile: 407-240-1431          Irvine, CA 92629
                                                   Telephone:    949-253-0500
                                                   Facsimile:    949-253-0505

To Mroczkowski:   Mark Mroczkowski                 with a copy to:
                  300 Sunport Lane                 LEE & GODDARD, LLP
                  Orlando, Florida 32809           18500 Von Karman Avenue, #700
                  Facsimile: 407-240-1431          Irvine, CA 92629
                                                   Telephone:    949-253-0500
                                                   Facsimile:    949-253-0505

To LJCI:          La Jolla Cove Investors, Inc.
                  7817 Herschel Avenue, Suite 200
                  La Jolla, CA  92037
                  Facsimile:    858-551-0987
</TABLE>

     8.     Severability.  In  the  event  that  any provision of this Agreement
            ------------
becomes  or  is  declared  by  a  court of competent jurisdiction to be illegal,
unenforceable  or  invalid, then this Agreement shall continue in full force and
effect  without  said  provision.  If this Agreement continues in full force and
effect as provided above, the parties shall replace the invalid provision with a
valid  provision  which corresponds as far as possible to the spirit and purpose
of  the  invalid  provision.

     9.     Counterparts.  This  Agreement  may  be  executed  in  any number of
            ------------
counterparts,  each  of  which  may  be executed by less than all of the parties
hereto,  each  of  which  shall  be  enforceable  against  the  parties actually
executing  such  counterparts,  and  all  of which together shall constitute one
document.  Facsimile  execution  shall  be  deemed  originals.

     10.     Entire  Agreement.  This  Agreement constitute the entire agreement
             -----------------
between the parties with respect to the subject matter hereof, and supersede all
prior  oral  or  written  agreements,  representations or warranties between the
parties  other  than  those  set  forth  herein  or  herein  provided  for.

                                        3
<PAGE>
     11.     Successors  and  Assigns.  The provisions hereof shall inure to the
             ------------------------
benefit  of,  and  be binding upon, the permitted successors and assigns, heirs,
executors,  and  administrators  of  the  parties  hereto.

     12.     Amendment  and  Waiver.  No modification or waiver of any provision
             ----------------------
of  this  Agreement shall be binding upon the party against whom it is sought to
be  enforced,  unless  specifically set forth in writing signed by an authorized
representative  of  that  party.  A  waiver  by any party of any of the terms or
conditions  of  this  Agreement  in  any  one  instance  shall  not be deemed or
construed  to  be a waiver of such terms or conditions for the future, or of any
subsequent  breach  thereof.  The  failure  by  any  party hereto at any time to
enforce  any  of  the  provisions  of  this Agreement, or to require at any time
performance  of any of the provisions hereof, shall in no way to be construed to
be  a  waiver  of  such  provisions  or  to  affect  either the validity of this
Agreement  or  the  right  of  any  party  to  thereafter enforce each and every
provision  of  this  Agreement.

     14.     Status  of  Shares.  VandenBrekel  and Mroczkowski acknowledge that
             ------------------
the  Debenture being purchased by LJCI constitutes restricted securities and the
resale  thereof  by  VandenBrekel  and Mroczkowski may be limited and subject to
applicable  securities  laws.  In  the  event  that VandenBrekel and Mroczkowski
acquire  the  Debenture pursuant to the exercise of the Put Right or Call Right,
they  shall acquire the Debenture for investment purposes and not with a view to
distribution.

     IN  WITNESS  WHEREOF, LJCI, VandenBrekel and Mroczkowski have duly executed
this  Agreement  as  of  the  date  first  above  written.

                                          La Jolla Cove Investors, Inc.

----------------------------------
Nick VandenBrekel
                                          By:
                                             -----------------------------------

                                          Title:
----------------------------------              --------------------------------
Mark Mroczkowski

                                        4
<PAGE><PAGE>

                                 Exhibit 10.14a

[HOT TOPIC LOGO]                                      18305 E. San Jose Ave.
                                                      City of Industry, CA 91748

                                                      Office: 626-839-4681
                                                      Fax:    626-839-4686
    EVERYTHING ABOUT THE MUSIC                        Email:  hottopic.com
--------------------------------------------------------------------------------

August 14, 2002

Patricia Van Cleave
511 W. Orange Grove Avenue
Sierra Madre, California 91024

Re:      Employment Terms

Dear Patricia:

Hot Topic, Inc. (the "Company") is pleased to offer you the position of Chief
Merchandising Officer, pursuant to the terms of this letter agreement
("Agreement") and the attached offer of employment.

1.       DUTIES

You will be expected to perform various duties consistent with your position.
You will report to the Company's Chief Executive Officer ("CEO"), unless
otherwise assigned by the Company. You will work at our facility located in City
of Industry; however, some travel will be required in carrying out the course of
your duties.

2.       BASE SALARY AND BENEFITS

Your annualized base salary will be $330,000 per year, paid bi-weekly, less
payroll deductions and all required withholdings. Your base salary will be
subject to annual review. Upon meeting each plan's eligibility requirements, you
will be able to elect to participate in the following standard Company benefits:
medical, dental, life, vision, short- and long-term disability insurance,
vacation, holidays, 401(k) Plan and the Employee Stock Purchase Plan. Details
about these benefit plans are available for your review. The Company may modify
its benefits plans from time to time, as it deems necessary.

3.       BONUS

In addition to your base salary, you will be eligible to earn an annual
performance bonus ("Bonus") pursuant to the Company's EPS Plan, as approved by
the Board of Directors. Your target Bonus under the Plan will be fifty-percent
(50%) of your base salary based upon achievement of the goals set forth in the
Plan. Assuming continuous employment, the Bonus will be awarded in the first
quarter of the Company's fiscal year. You must be employed on the date the Bonus
is awarded to be eligible for the Bonus. Your bonus for the current fiscal year

                                       1
<PAGE>

will be prorated based on your actual days of employment during the fiscal year,
however, for the 2002 fiscal year only you will be eligible to receive a minimum
payout of $69,300. You will not be eligible for any bonus payout in the event
your employment is terminated with or without Cause (as defined below) prior to
the date on which the Bonus is awarded.

4.       AUTOMOBILE ALLOWANCE

The Company will pay for you to have a Company leased automobile of your choice,
provided that the value of the automobile does not exceed $60,000. The Company
will also reimburse you for expenses including gas, insurance and maintenance
for the automobile.

5.       STOCK OPTIONS

Upon commencement of employment and subject to approval of the Company's Board
of Directors, you will be granted an Incentive Stock Option under the Company's
1996 Equity Incentive Plan to purchase 75,000 shares of the Company's Common
Stock (the "Stock Option"). The Stock Option will be governed by and granted
pursuant to a separate Stock Option Agreement. The exercise price per share of
the Stock Option will be equal to the fair market value of the Common Stock
established on the date of grant, subject to approval by the Board of Directors.
The Stock Option will be subject to vesting over four (4) years so long as you
continue to be employed with the Company, according to the following schedule:
twenty-five percent (25%) of the shares subject to the Stock Option will vest on
the last day of the twelfth full calendar month of your employment after the
date of grant and the remaining shares subject to the Stock Option will vest in
equal installments at the end of each monthly period thereafter for three (3)
years.

If you have questions regarding the tax implications of the Stock Option or any
part of your compensation package, please consult with your own tax advisor.

6.       TERMINATION

The Company may terminate your employment at any time and for any or no reason,
with or without Cause (as defined herein) or advance notice, by giving written
notice of such termination. Similarly, you may terminate your employment with
the Company at any time at your election, in your sole discretion, for any or no
reason upon two weeks notice to the Company during which time you shall provide
reasonable transition assistance to the Company. The Company reserves the right
to ask you to expedite your resignation date and to leave prior to the end of
the two weeks notice period. The at-will nature of your employment relationship
may not be modified except by a written agreement with the Chief Executive
Officer of the Company.

If the Company terminates your employment without Cause (as defined herein),
then upon your furnishing to the Company an executed release and waiver of all
claims you shall be entitled to receive severance payments in the form of
continuation of your base salary and medical insurance benefits that are in
effect at the time of your termination, subject to standard payroll deductions
and withholdings, for six (6) months (the "Severance Period"). If you
voluntarily resign or your employment is terminated for Cause (as defined
herein), all compensation and benefits will cease immediately and you will

                                       2
<PAGE>

receive no additional payments from the Company other than your accrued base
salary and accrued and unused vacation benefits earned through the date of your
termination.

For purposes of this Agreement, "Cause" shall mean (i) willful misconduct by
you, including, but not limited to, dishonesty which materially and adversely
reflects upon your ability to perform your duties for the Company, (ii) your
conviction of, or the entry of a pleading of guilty or nolo contendere by you
to, any crime involving moral turpitude or any felony, (iii) fraud, embezzlement
or theft against the Company, (iv) a material breach by you of any material
provision of any employment contract, assignment of inventions, confidentiality
and/or nondisclosure agreement between you and the Company, or (v) your willful
and habitual failure to attend to your duties as assigned by the CEO of the
Company, after written notice to you and no less than a 90-day period to cure
such failure provided such failure to perform is subject to cure with the
passage of time.

7.       CHANGE OF CONTROL

Following a Change in Control (as defined herein) the vesting of your Stock
Options will be immediately accelerated such that one hundred percent (100%) of
the Stock Options shall be vested and exercisable. For purposes of this
Agreement, Change of Control is defined as follows: (i) a sale of all or
substantially all of the assets of the Company; (ii) a merger or consolidation
in which the Company is not the surviving corporation and in which beneficial
ownership of securities of the Company representing at least fifty percent (50%)
of the combined voting power entitled to vote in the election of Directors has
changed; (iii) an acquisition by any person, entity or group within the meaning
of Section 13(d) or 14(d) of the Exchange Act, or any comparable successor
provisions (excluding any employee benefit plan, or related trust, sponsored or
maintained by the Company or subsidiary of the Company or other entity
controlled by the Company) of the beneficial ownership (within the meaning of
Rule 13d-3 promulgated under the Exchange Act, or comparable successor rule) of
securities of the Company representing at least fifty percent (50%) of the
combined voting power entitled to vote in the election of Directors.

8.       COMPANY POLICY

As a Company employee, you will be expected to abide by Company rules and
regulations and acknowledge in writing that you have read the Company's Employee
Handbook which will govern the terms and conditions of your employment. The
Company's Employee Handbook may be modified from time to time at the sole
discretion of the Company.

9.       PROPRIETARY INFORMATION AGREEMENT

As a condition of employment, you will be required to sign and comply with the
attached Proprietary Information Agreement attached hereto as Exhibit B, which
prohibits unauthorized use or disclosure of the Company's proprietary
information, among other things.

In your work for the Company, you will be expected not to use or disclose any
confidential information, including trade secrets, of any former employer or
other person to whom you have an obligation of confidentiality. Rather, you will
be expected to use only that information which is generally known and used by
persons with training and experience comparable to your own, which is common
knowledge in the industry or otherwise legally in the public domain, or which is
otherwise provided or developed by the Company. During our discussions about

                                       3
<PAGE>

your proposed job duties, you assured us that you would be able to perform those
duties within the guidelines just described. You agree that you will not bring
onto Company premises any unpublished documents or property belonging to any
former employer or other person to whom you have an obligation of
confidentiality.

10.      ENTIRE AGREEMENT

This Agreement, together with Exhibits attached hereto and the stock option
documents referred to herein, forms the complete and exclusive statement of the
terms of your employment with the Company. The employment terms in this
Agreement supersede any other agreements or promises made to you by anyone,
whether oral or written.

11.      GOVERNING LAW

This Agreement will be governed by and construed according to the laws of the
State of California. You hereby expressly consent to the personal jurisdiction
of the state and federal courts located in Los Angeles, California for any
lawsuit filed there against you by the Company arising from or related to this
Agreement. In the event of any litigation arising out of or relating to this
Agreement, its breach or enforcement, including an action for declaratory
relief, the prevailing party in such action or proceeding shall be entitled to
receive his or its damages, court costs, and all out-of-pocket expenses,
including attorneys fees. Such recovery shall include court costs, out-of-pocket
expenses, and attorneys fees on appeal, if any.

12.      SUCCESSORS AND ASSIGNS

This Agreement will be binding upon your heirs, executors, administrators and
other legal representatives and will be for the benefit of the Company, its
successors, and its assigns.

As required by law, this offer is subject to satisfactory proof of your right to
work in the United States.

Sincerely,

/s/ Elizabeth McLaughlin
------------------------------------
Elizabeth McLaughlin
Chief Executive Officer

Accepted:

/s/ Patricia Van Cleave
------------------------------------
Patricia Van Cleave

8/21/02
------------------------------------
Date

                                       4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00051-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00051-of-00352.parquet"}]]