Document:

INTELLECTUAL PROPERTY TRANSFER AGREEMENT

         This Agreement, dated as of December 16, 1999

BETWEEN:

               MHE  TECHNOLOGIES,  INC., a  corporation  organized  and existing
               under the laws of the State of Delaware,

               (the "Transferor")

                                     - and -

               MONDEL  ULC.,  an  unlimited   liability  company  organized  and
               existing under the laws of province of Nova Scotia

               (the "Transferee")

WHEREAS:

A.       The  Transferor  was  established  as an indirect  subsidiary of Morris
         Material Handling,  Inc., a corporation  existing under the laws of the
         State of  Delaware,  for the purpose of  providing  a separate,  single
         entity for owning  certain  intellectual  property used in the Material
         Handling Division of Harnischfeger  Corporation, a corporation existing
         under the laws of the State of Delaware ("HarnCo").

B.       Effective  October 10,  1997,  HarnCo  assigned to the  Transferor  its
         entire  right,  title and  interest in and to certain  letters  patent,
         patent applications,  inventions,  improvements, know-how and technical
         or  other  proprietary  information,  used by  HarnCo's  then  Material
         Handling  Division,  pursuant to the Assignment of Patents,  Inventions
         and Know-How Agreement  effective as of October 10, 1997 by and between
         HarnCo and Grantor (the "October 1997 Intellectual  Property Assignment
         Agreement").

C.       Effective  October 10,  1997,  HarnCo  assigned to the  Transferor  its
         entire  right,   title  and  interest  in  and  to  certain  registered
         trademarks and service marks and the registrations therefor and certain
         common law trademarks,  service marks and trade names together with the
         goodwill symbolized by and associated  therewith,  which was previously
         used by  HarnCo's  then  Material  Handling  Division,  pursuant to the
         Trademark and Goodwill Assignment Agreement effective as of October 10,
         1997 by and  between  HarnCo  and the  Transferor  (the  "October  1997
         Trademark Assignment Agreement").

D.       The  Transferee is desirous of obtaining from the  Transferor,  and the
         Transferor  is  desirous of  transferring  to the  Transferee,  certain
         intellectual  property assets previously  licensed by the Transferor to
         the  Transferee  pursuant to a  Technology  Sharing  Agreement  between
         Harnco and the Transferee dated as of November 1, 1996 (the "Technology
         Sharing Agreement"), which agreement has been terminated.

E.       Capitalized  terms not defined herein have the meanings ascribed in the
         share purchase  agreement  dated the date hereof  between  3016117 Nova
         Scotia ULC,  MagneTek Mondel Holding ULC and Morris Material  Handling,
         Inc.  relating  to the  purchase  and  sale  of all of the  issued  and
         outstanding shares in the capital of the Transferee.

NOW  THEREFORE,  for the  consideration  contemplated  herein,  the  receipt and
sufficiency of which is acknowledged,  the Transferor and the Transferee  hereby
agree as follows:

1.       TRANSFER OF INTELLECTUAL PROPERTY

                  The Transferor does hereby ASSIGN,  SELL,  TRANSFER and CONVEY
         to  the   Transferee,   its  successors,   assigns,   and  other  legal
         representatives,  the Transferor's entire right, title, and interest in
         and  to  the   intellectual   property  assets  listed  on  Schedule  1
         (collectively,   the  "Transferred  Intellectual  Property"),  and  the
         Transferee  hereby  accepts  such  assignment.  This  assignment  shall
         include  the  right  to sue  for  and  recover  from  past  and  future
         violations   in   connection   with  or  related  to  the   Transferred
         Intellectual Property.

2.       PAYMENT OF PURCHASE PRICE

                  The purchase price for the Transferred  Intellectual  Property
         shall be $1,250,000  payable in United States dollars by the Transferee
         to the  Transferor  in  accordance  with a written  direction  from the
         Transferor  to  the  Transferee  delivered  by  the  Transferor  to the
         Transferee in connection with the execution of this Agreement.

3.       REPRESENTATION AND WARRANTY

                  The Transferor  warrants that at the time of execution of this
         Agreement,  subject to the rights of third  parties  identified  in the
         October 1997 Intellectual Property Assignment Agreement and the October
         1997 Trademark Assignment  Agreement,  the Transferor has not received,
         and is unaware of, any third party claims  contesting  or disputing its
         ownership rights to the Transferred  Intellectual Property, and further
         warrants that the  Transferor  has the right to assign the  Transferred
         Intellectual  Property,  such assignment including the right to sue for
         and  recover  from past and future  violations  in  connection  with or
         related to the Transferred Intellectual Property.

4.       GOVERNING LAW

                  This   Agreement   shall  be  governed  by  and  construed  in
         accordance  with the laws of the  Province  of Ontario  without  giving
         effect to any choice or  conflict of law  provision  or rule that would
         cause  the  application  of laws of any  jurisdiction  other  than  the
         Province of Ontario.

5.       COUNTERPARTS

               This  Agreement  may be executed in  counterparts,  each of which
          shall be deemed to be an  original,  but all of which  taken  together
          shall  constitute one and the same  instrument.  This Agreement may be
          executed by facsimile signatures.

6.       ASSIGNMENT

                  Neither party may assign or transfer its rights or obligations
         arising under this Agreement  without the prior written  consent of the
         other party hereto,  which consent shall not be unreasonably  withheld;
         provided,  however that the Transferee shall be permitted to assign its
         rights and obligations  hereunder to an Affiliate without obtaining the
         prior written consent of the Transferor.

7.       SUPPLY OF KITS AND PANELS

                  Until such time that the Transferor has completed the transfer
         of the kit and panel  technology (as defined in Schedule 1) in a manner
         sufficient to allow the  Transferee to  independently  manufacture  the
         kits and panels for its own benefit,  the Transferor  shall supply kits
         and panels (as defined in Schedule 1), or cause such kits and panels to
         be supplied, to the Transferee consistent with current practice (and in
         addition,  a one (1) year repair or replacement  warranty) for a period
         of one (1) year from the date  hereof,  a  description  of such current
         practices  being attached  hereto as Schedule 2. The  Transferor  shall
         commence the  transfer of the kit and panel  technology  within  thirty
         (30)  days  from  the  date  of  this   Agreement  and  shall  use  its
         commercially reasonable efforts to complete such transfer within ninety
         (90) days thereafter.

                  The  Transferor  will  provide such  assistance,  training and
         information as the Transferee may reasonably  request,  at no charge to
         the  Transferee,   in  connection  with  the  Transferred  Intellectual
         Property  described  in Schedule 2 in  connection  with the use of such
         Transferred   Intellectual   Property   by  the   Transferee   and  the
         commencement by it of the manufacture and sale of the products to which
         such Transferred Intellectual Property relates.

<PAGE>

8.       FURTHER ASSURANCES

                  Each of the Transferor  and the  Transferee  agrees to execute
         and deliver all such other  documents,  certificates and agreements and
         to take, or cause to be taken,  all actions,  and to do, or cause to be
         done,  anything else that may reasonably be deemed necessary to perfect
         and give effect to the transactions contemplated by this Agreement

IN WITNESS  WHEREOF,  the parties have  executed  this  agreement as of the date
noted above.

                                                     MHE TECHNOLOGIES, INC.
                                                     By:
                                                          Name:
                                                          Title:

                                                     MONDEL ULC
                                                     By:
                                                          Name:
                                                          Title:

<PAGE>

                                      - 1 -

                                   SCHEDULE 1
                        TRANSFERRED INTELLECTUAL PROPERTY

1. "Mondel"  common law  trademark,  as listed on Exhibit C of the Trademark and
Goodwill  Assignment  Agreement  effective as of October 10,  1997,  and "Mondel
Engineering" trade name, and all goodwill associated therewith.

2. Proprietary know how for selection  criteria for brakes to be used in movable
structures, and selection criteria for coils used in both brakes and magnets.

3. Computer programs for coil winding control.

4.  Processes for coil winding of aluminium  strip for use in magnets,  and coil
winding of copper wire/strip for use in brakes and magnets.

5. All related service manuals and price books.

6. License with Boxmag Rapid  Limited as referred to in both the  Trademark  and
Goodwill  Assignment  Agreement  effective as of October 10, 1997 by and between
Harnischfeger  Corporation  and MHE  Technologies,  Inc.,  and the Assignment of
Patents,  Inventions and Know-How Agreement  effective as of October 10, 1997 by
and between Harnischfeger Corporation and MHE Technologies, Inc.

7.  Notwithstanding  anything else in this Schedule 1, Transferred  Intellectual
Property does not include any  intellectual  property related to or which may be
applied to internally mounted disc brakes.

8.  All  technology  needed  by  the  Transferee  to  independently  manufacture
hydraulic  brake kits ("kits") and brake rectifier  panels  ("panels") that have
been supplied to the  Transferee  by the  Transferor  and/or by Morris  Material
Handling , Inc., such  technology to include  drawings,  patterns,  parts lists,
information about suppliers,  and related manufacturing know-how  (collectively,
the "kit and panel technology").

<PAGE>

                                   SCHEDULE 2

                            SUPPLY OF KITS AND PANELS

                             [Please see attached.]<PAGE>

                                                                    EXHIBIT 10.1

                        McLAREN AUTOMOTIVE GROUP, INC.

                             EMPLOYMENT AGREEMENT

     THIS EMPLOYMENT AGREEMENT (the "Agreement"), is made as of the third day of
January, 2000, by and between McLAREN AUTOMOTIVE GROUP, INC., a Delaware
corporation with its principal office located at 32233 West Eight Mile Road,
Livonia, Michigan, 48152 (the "Corporation"), and Jacqueline K. Kurtz, whose
address is 1280 Sunset Road, Ann Arbor, Michigan, 48103 (the "Employee").

                                   RECITALS:

     A.  The Corporation is engaged in the business of designing, fabricating,
developing, validating and certifying powertrain and driveline components,
services and products for the vehicle industry (the "Business");

     B.  The Corporation wishes to employ Employee and utilize her professional
experience, ability, services, background and know-how; and

     C.  Employee wishes to work for the Corporation under the terms and
conditions in this Agreement.

     NOW, THEREFORE, in consideration of the covenants and conditions set forth
in this Agreement and for other good and valuable consideration, which has been
received and which is sufficient, the parties agree to the following terms:

     1.  Employment Term.  Subject to the terms and conditions contained in this
Agreement, the Corporation employs Employee, and Employee agrees to be employed
by the Corporation, for a two (2) year period from the date of this Agreement
unless the Agreement is terminated before the end of two years in accordance
with Section 13.  This Agreement will automatically renew for successive periods
of two (2) years, up to a maximum of two (2) successive two-year periods, unless
the Corporation notifies Employee of its intent to terminate this Agreement at
least ninety (90) days prior to the end of the initial two-year term or any
successive two-year period, or unless the Agreement is terminated before the end
of any successive two-year period in accordance with Section 13.  The initial
two-year term and any successive terms are referred to in this Agreement as the
"Employment Term."

     2.  Duties.  Employee's position with the Corporation will be Executive
Vice President Business Infrastructure/Chief Financial Officer.  As the
Executive Vice President Business Infrastructure/Chief Financial Officer,
Employee will be responsible for management of non-operations aspects of the
business including but not limited to finance, accounting, human resources,
facilities, planning, public and investor relations, internal and external
communications, information systems, legal activities, non-operations purchasing
and will perform other duties which the Corporation requests from time to time.
The Employee will report to the President/CEO of the Corporation.

     3.  Time and Efforts.  During her employment with the Corporation, Employee
will diligently and conscientiously devote her full business time, attention and
ability to the Corporation and its Business, and will faithfully serve the
Corporation.  Employee will fulfill her responsibilities described in this
Agreement honestly, diligently, in good faith, with her best efforts and in the
best interests of the Corporation.  While she is employed by the Corporation,
Employee will not engage in any other business activity without first receiving
written approval from the Corporation, except for personal investments in a
passive capacity such written approval which shall not be reasonably withheld if
it is determined that the requested business activity will in no way interfere
with Employee's activities with the Corporation.

     4.  Salary and Bonus.  During her employment with the Corporation, the
Corporation will pay Employee an annual salary of One Hundred Thousand Dollars
($100,000.00), payable according to the Corporation's standard payment
practices.  The ordinary and usual sums for taxes and withholding will be
deducted from this salary.  Employee will be eligible for any bonus plan which
is in effect for employees of a similar level within the Corporation.

                                       1
<PAGE>

     5.   Stock Options.  Upon commencement of this agreement and upon each
successive renewal of this agreement, Employee shall receive a grant of 25,000
options of the Corporations stock.  Exercise price for these options shall be
the average of the closing price for the Corporations stock for the five (5)
trading days following the commencement of the agreement.  Options shall vest
over the period of the agreement with one-half of the options grant vesting on
the last business day of the first year of the agreement and the second half of
the options grant vesting on the last business day of the second year of the
agreement and following the same pattern in successive renewals of the
agreement.

     6.   Vacation and Other Benefits.  Employee will be entitled to take four
(4) weeks of paid vacation per year.  No vacation time may be carried over from
one year to the next. Employee will be entitled to receive health benefits and
also to participate all other benefits provided to employees of a similar level
within the Corporation.

     7.   Expenses.  The Corporation will pay or reimburse Employee for all
reasonable and necessary expenses incurred by the Employee in performing her
duties under this Agreement.

     8.   Rules of the Corporation.  Employee agrees that she will comply with
all reasonable rules and regulations of the Corporation in performing her duties
under this Agreement.  Employee agrees that she will carry out all reasonable
orders, directions and policies of the Corporation which are consistent with her
position with the Corporation and which are communicated by the Corporation to
Employee, either orally or in writing.  However, Employee will not be required
to comply with any directions or orders if she has obtained an attorney's
written opinion which is reasonably satisfactory to the Corporation stating that
her compliance with a particular direction or order would violate applicable
law.

     9.   Confidentiality.  Employee knows that the Corporation possesses
business information which is confidential.  During the Employee's employment
with the Corporation and after the termination of Employee's employment,
Employee will not use or reveal, divulge or make known to any person, company,
or any other third party, any Proprietary Information.  "Proprietary
Information" is any and all information or data, whether in writing, or learned
by Employee orally, by observation or other sensory detection, relating to any
product, product design, service, research, development, formula, process,
method of distribution or delivery, know-how, trade secret, customer list,
contract term, customer pricing, supplier list or price, business strategy,
compensation, plan or practice, operating records, software, technology, sales
data, information or other records, lists or documents used by the Corporation
in operating the Business or otherwise.  The Proprietary Information and all
other information relating to the Corporation belongs to and will remain the
property of the Corporation.  All Proprietary Information, other information and
property of the Corporation must be returned to the Corporation by Employee upon
termination of Employee's employment.

     10.  Corporate Opportunity.  Employee agrees that during her employment
with the Corporation she will not take any action which might divert from the
Corporation or any affiliate of the Corporation any business opportunity which
would be within the scope of any of the present or future businesses of the
Corporation or any of its subsidiaries or affiliates (future businesses are
business which are then under consideration by the Corporation or its
subsidiaries and affiliates), if the loss of the business would have, as
reasonably determined by the Corporation, an adverse effect upon the
Corporation, unless the Corporation has given prior written approval.

     11.  Discoveries and Works.  Employee agrees that all discoveries and works
made or conceived by her as of the date of this Agreement or during her
employment with the Corporation, individually or with others, that relate to the
Business or the Corporation's activities (including actual or demonstrably
anticipated research or development of the Corporation), or result from any work
performed by Employee for the Corporation, will be owned by the Corporation.
The term "discoveries and works" includes, but is not limited to, the following:
designs, inventions, computer programs (including documentation of the
programs), technical improvements, processes, drawings and works of authorship.
The Employee will (a) promptly notify, make full disclosure to, and execute and
deliver any documents requested by, the Corporation to evidence or better assure
the Corporation's title to the discoveries and works, (b) assist the Corporation
in obtaining or maintaining for itself at its own expense United States and
foreign patents, copyrights, trade secret protection or other protection of any
and all discoveries and works, and (c) promptly execute, whether during or after
his employment with the Corporation, all applications or

                                       2
<PAGE>

other endorsements necessary or appropriate to maintain or protect patents and
other rights for the Corporation. If there are any discoveries and works which,
within six (6) months after the termination of the Employee's employment, are
made, disclosed, reduced to a tangible or written form or description, or are
reduced to practice by the Employee and which pertain to the Business or the
products or services being sold or developed by the Corporation at the time of
Employee's termination, these discoveries and works will, as between the
Employee and the Corporation, be deemed to have been made during the Employee's
employment and will be owned by the Corporation. However, any discovery or work
that the Employee has developed entirely on her own time without using the
Corporation's equipment, supplies, facilities or trade secret information will
not be owned by the Corporation, except for those discoveries and works that
either: (i) relate to the Corporation's Business, or actual or demonstrably
anticipated research or development of the Corporation at the time of conception
or reduction to practice; or (ii) result from any work performed by the Employee
for the Corporation.

     12.  Non Solicitation.  Employee agrees that she will not, while she is an
employee of the Corporation and for a period of one (1) year thereafter, (a)
directly or indirectly, personally or for any business entity in any capacity,
entice away, employ or solicit for employment any current or former employee of
the Corporation or its affiliates, or (b) contact any customer or prospective
customer of the Corporation or its affiliates except for the benefit of the
Corporation or its affiliates.

     13.  Termination.

          (a) This Agreement may be terminated by the Corporation: (i) for Cause
as defined below; or (ii) immediately and without notice upon the Employee's
death or disability. For the purposes of this Agreement, "disability" means as a
physical or mental condition that, notwithstanding reasonable accommodations, as
defined under applicable state and/or federal law, prevents Employee from
performing any essential function of his job.

          (b) Termination of Employee for "Cause" means: (i) any act or acts of
Employee which would constitute a felony (or its equivalent) or fraud; (ii) a
material breach by Employee performing the duties described in this Agreement
which is not cured by Employee within five (5) days after the Corporation gives
Employee notice of the breach; or (iii) gross neglect, gross malfeasance,
willful neglect, willful misconduct or dishonesty.

          (c) If Employee's employment is terminated by the Corporation for
Cause, the Corporation's obligations under this Agreement will terminate and the
Corporation will not be liable to Employer for any payments of any kind under
this Agreement, including without limitation any claim to unpaid bonus amounts.

          (d) If Employee's employment under this Agreement is terminated by the
Corporation for reason other than Cause during the first year of any two-year
employment period under this Agreement, the Corporation will pay Employee the
remaining salary that he would have received under this Agreement. If Employee's
employment under this Agreement is terminated for reason other than Cause during
the second year of any two-year employment period under this Agreement, the
Corporation will pay Employee an amount equal to the salary earned by Employee
during the twelve months immediately preceding the termination, excluding any
bonus amounts received by Employee during that twelve-month period. The
frequency of the payments made to Employee under this Section will be at the
Corporation's discretion.

          (e) If Employee's employment is terminated due to his death or
disability, the Employee (or her estate) will be entitled to a pro rata portion
of her salary and bonus earned through the date of termination.

     14.  Assignment.  Employee knows that the services to be performed by her
for the Corporation are unique and personal.  Accordingly, Employee may not
assign any of her rights or delegate any of her duties or obligations under this
Agreement, except as otherwise expressly provided for in this Agreement.

     15.  Injunctive Relief.  Employee agrees that the remedy of monetary
damages for any breach or threatened breach by Employee of the covenants in
Sections 9 (Confidentiality), 10 (Corporate Opportunity), and 12
(Nonsolicitation) of this Agreement will be inadequate to remedy fully the
breach because any breach or attempted breach by

                                       3
<PAGE>

Employee would cause immediate, substantial and irreparable loss of business and
profits to the Corporation and its affiliates in an amount which would be
impossible to calculate. Therefore, if Employee breaches or threatens to breach
any of the covenants, in addition to any and all other legal and equitable
remedies which may be available, including suit for recovery of actual damages,
the Corporation and its affiliates, or any successor of the Corporation or its
affiliates, will be entitled to injunctive relief, without needing to prove any
actual loss of business to the Corporation or its affiliates by reason of the
Employee's breach and, to the extent permissible under the applicable law, a
temporary restraining order will be granted immediately on commencement of any
suit by the Corporation or its affiliates. Employee waives any right to notice
of any application by the Corporation or its affiliates for a temporary
restraining order.

     16.  Reasonableness.  Employee has weighed all the facts, conditions and
circumstances pertaining to this Agreement and Employee agrees that all of the
provisions of this Agreement are reasonable.  Employee will not contest the
validity of any provision of this Agreement and he waives any and all rights he
may have to bring any claim, action or suit or to raise any defense regarding
the validity and reasonableness of this Agreement or any of its provisions.  If
Employee brings an action or raises any defense in violation of this Section,
the Corporation will be entitled to receive reimbursement from Employee for the
Corporation's reasonable attorney fees and costs.

     17.  Validity.  If any provision contained in this Agreement, or the
application of any provision, is held invalid or unenforceable by a court of
competent jurisdiction, that provision will be deemed to be modified in a manner
to make it consistent with the intent of the original provision, so that, as
revised, the provision will be valid and enforceable, and this Agreement, and
the application of the provision to persons or circumstances other than those
for which it would be invalid or unenforceable, will not be affected by the
revision.

     18.  Binding Effect.  This Agreement will inure to the benefit of and be
binding upon the Corporation and its permitted assigns, including without
limitation any person or entity which may acquire substantially all of the
Corporation's assets or business, or with or into which the Corporation may be
liquidated, consolidated, merged or otherwise combined, and will inure to the
benefit and be binding upon Employee, his heirs, distributes and personal
representatives.

     19.  Notices.  All notices and other communications to be provided under
this Agreement will be effective when they are received if they are in writing
and hand delivered or sent by facsimile transmission and confirmed by U.S. mail,
and will be effective one (1) day after they are sent by a nationally recognized
overnight delivery service.  Any communication given in any other manner will be
effective only if and when it is received by the party to be notified.  For the
purposes of this Section, the addresses of the parties are the addresses stated
in the first paragraph of this Agreement.  A party may change the address to
which all communications are to be sent by giving written notice to the other
party in accordance with this Section.

     20.  Waiver.  Either party's failure to insist in any one or more instances
upon the other party's performance of any of the terms or conditions of this
Agreement will not be construed as a waiver of future performance of any term,
covenant or condition, but the obligations of either party with respect to the
term or condition will continue in full force and effect.

     21.  Entire Agreement.  This Agreement supersedes all previous agreements
between Employee and the Corporation, and contains the entire understanding and
agreement between the parties regarding Employee's employment with the
Corporation.  This Agreement cannot be amended, modified or supplemented in any
respect except by a subsequent written agreement signed by both the Corporation
and Employee.

     22.  Governing Law; Forum.  This Agreement is a contract made under, and
will be governed by and construed in accordance with, the law of the State of
Michigan which is applicable to contracts made and to be performed entirely
within Michigan, without giving effect to choice of law principles of Michigan.
The Corporation and Employee each agree that any legal or equitable action or
proceeding with respect to this Agreement or Employee's employment with the
Corporation will be brought only in any court of the State of Michigan, or in
any court in the United States of America sitting in Michigan, and the
Corporation and Employee each submits to and accepts the jurisdiction of those
courts with respect to such party's person and property, and irrevocably
consents to the service of

                                       4
<PAGE>

process in connection with any action or proceeding by personal delivery to or a
mailing by registered or certified mail, postage prepaid to each party at the
party's address contained in this Agreement. Nothing in this Section will affect
the right of the Corporation and Employee to serve process in any other manner
permitted by law. The Corporation and Employee each irrevocably waives any
objection to the laying of venue of any action or proceeding in the courts
described in this Section.

     23.  Headings.  The headings contained in this Agreement are for
convenience only and are not to be used in construing or interpreting this
Agreement.

     24.  Counterparts.  This Agreement may be executed in one or more
counterparts, which will each be deemed to be an original, but all of which will
constitute one and the same document.

     IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the
date written in the first paragraph of this Agreement.

                                   McLAREN AUTOMOTIVE GROUP, INC.

                                   /s/  Wiley R. McCoy
                                   By:  Wiley R. McCoy
                                   Its: President

                                   /s/  Jacqueline K. Kurtz
                                   Jacqueline K. Kurtz

Compensation Committee:

/s/  Robert J. Sinclair

/s/  Nicholas P. Bartolini

                                       5

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