Document:

Exhibit 4.1

October 23, 2002

Securities and Exchange Commission
Mail Stop 11-3
450 5th Street, N.W.
Washington, D.C.   20549

Dear Sirs/Madams:

We have read Item 4 of M.B.A. Holdings, Inc.'s Form 8-K dated October 23, 2002,
and we agree with the statements made therein.

Yours truly,

/s/ DELOITTE & TOUCHE LLP
Phoenix, Arizona<PAGE>
                                                                    EXHIBIT 10.3

                       AMENDMENT TO EMPLOYMENT AGREEMENT

        This Amendment to Employment Agreement (the "Amendment") is entered into
as of October 7, 2002 between Intra-Asia Entertainment Corporation, a Delaware
corporation (the "Company"), and Michael B. Demetrios (the "Executive").

                                    RECITALS

        A. The Company and the Executive have entered into an Employment
Agreement (the "Employment Agreement") dated as of November 1, 2000 pursuant to
which the Executive serves as the Company's President, Chief Executive Officer,
and Chairman of the Board of Directors. Under the Employment Agreement, (i) the
Executive's term of employment will terminate on December 31, 2002, and (ii) the
Executive is entitled to receive a bonus if the Company closes an initial public
offering of its common stock (an "IPO") by October 31, 2002.

        B. The Company and the Executive desire to amend Section 1.1 of the
Employment Agreement to extend the Executive's term of employment to December
31, 2003. The Company and the Executive also desire to amend Exhibit A to the
Employment Agreement to provide that the Executive will be entitled to receive a
bonus if the Company closes an IPO prior to January 1, 2003.

        NOW, THEREFORE, in consideration of the foregoing and other
consideration, the receipt and sufficiency of which hereby are acknowledged, the
Company and the Executive hereby agree as follows:

        1. The first sentence of Section 1.1 of the Employment Agreement hereby
is amended to read in its entirety as follows:

                "The Company agrees to employ Demetrios, and Demetrios agrees to
        be employed by the Company, as the Company's Chief Executive Officer and
        President for the period beginning on January 1, 2001 (the "Effective
        Date") and ending on December 31, 2003 (the "Employment Period"), unless
        such employment is terminated earlier pursuant to Section 4 or unless
        the Employment Period is extended pursuant to the written agreement of
        the Company and Demetrios."

        2. The first sentence of Exhibit A to the Employment Agreement hereby is
amended to read in its entirety as follows:

                "The Company agrees to pay Demetrios a bonus of 1% of the gross
        proceeds raised by the Company in an initial public offering of shares
        of its common stock (an "IPO"), up to a maximum bonus of $150,000, if
        the IPO closes prior to January 1, 2003; provided that (i) the amount of
        gross proceeds shall include any amounts raised through the sale of
        shares pursuant to the exercise of the underwriters' over-allotment
        option, (ii) the amount of the bonus shall be calculated before
        deduction of underwriting discounts and commissions and before deduction
        of other out-of-pocket costs and expenses incurred by the Company in the
        IPO, and (iii) the bonus shall be paid to Demetrios no later than thirty
        calendar days after the closing date of the IPO."

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<PAGE>

        3. Except as expressly amended pursuant to Sections 1 and 2 above, each
provision of the Employment Agreement shall continue in full force and effect.

        IN WITNESS WHEREOF, the Company and the Executive have executed and
delivered this Amendment as of the date first written above.

                                           INTRA-ASIA ENTERTAINMENT CORPORATION

                                           By: /s/ DUO WANG
                                              ----------------------------------
                                              Duo Wang, Chief Financial Officer

                                           By: /s/ JUN YIN
                                              ----------------------------------
                                              Jun Yin, Director

                                            /s/ MICHAEL B. DEMETRIOS
                                           -------------------------------------
                                           MICHAEL B. DEMETRIOS

                                       2<PAGE>
                                                                    EXHIBIT 10.8

                                   AMENDMENT
                           TO JOINT VENTURE AGREEMENT

        This Amendment to Joint Venture Agreement dated as of April 4, 2002
(this "AMENDMENT") is made to the Weifang Fuhua Amusement Park Co., Ltd. Joint
Venture Agreement dated as of August 17, 1996, as amended (the "JOINT VENTURE
AGREEMENT"), among Weifang Neo-Luck (Group) Corporation, a People's Republic of
China corporation ("NEO-LUCK"), Jimswood International, Inc., a California
corporation ("JIMSWOOD"), and Weicheng International, Inc., a California
corporation ("WEICHENG").

                                    RECITALS

        A. Neo-Luck (through its predecessor, Weifang City Tourism Service
Company), Weicheng and Jimswood entered into a joint venture agreement dated
October 8, 1991, which was superseded by the Joint Venture Agreement.

        B. The parties to the Joint Venture Agreement have undergone certain
reorganizations and transactions pursuant to which all of the interests and
liabilities under the Joint Venture Agreement of Weicheng and Jimswood have been
assumed by Intra-Asia Entertainment Corporation, a Delaware corporation
("INTRA-ASIA"), and, as a result, Neo-Luck and Intra-Asia currently are the only
parties to the Joint Venture Agreement.

        C. Subsequent to August 17, 1996, the name of the entity created by the
Joint Venture Agreement was changed from The Weifang Fuhua Tourist Center to
Weifang Fuhua Amusement Park Co. Ltd. (the "JOINT VENTURE").

        D. The primary purpose of the Joint Venture Agreement is to set forth
the terms and conditions under which the Joint Venture shall own and operate the
Weifang Fuhua Amusement Park.

        E. Intra-Asia is undertaking an initial public offering of its common
stock (the "IPO") pursuant to a registration statement on Form S-1 that was
filed with the United States Securities and Exchange Commission.

        F. To facilitate the IPO, Neo-Luck and Intra-Asia have agreed to certain
amendments to the Joint Venture Agreement as set forth in this Amendment.

        NOW, THEREFORE, in consideration of the foregoing and other
consideration, the receipt and sufficiency of which are hereby acknowledged, and
intending to be legally bound, Neo-Luck and Intra-Asia hereby agree as follows:

        1. The Joint Venture shall in all respects be managed by and under the
direction, supervision and control of the board of directors of the Joint
Venture (the "JOINT VENTURE'S BOARD"), which shall consist of seven directors.
Five of the Joint Venture's seven directors shall be appointed, removed or
replaced at any time by and at the sole discretion of Intra-Asia, and the Joint
Venture's remaining two directors shall be appointed, removed or replaced at any
time by and at the sole discretion of Neo-Luck.

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<PAGE>

        2. Intra-Asia's designated directors of the Joint Venture shall be
Michael B. Demetrios, Davisson Wu, Nabil N. El-Hage, Richard A. Lumpkin and Bill
Sims, each of whom shall serve until his removal by Intra-Asia or until his
earlier death or resignation. Neo-Luck's designated directors of the Joint
Venture shall be Duo Wang and Jun Yin, each of whom shall serve until his
removal by Neo-Luck or until his earlier death or resignation.

        3. Every action by the Joint Venture's Board shall require the vote or
written consent of at least four of the Joint Venture's directors.

        4. Intra-Asia shall be entitled to remove one or more of its designated
directors from the Joint Venture's Board and to appoint another director or
directors to the Joint Venture's Board only if such action is approved in
writing by a majority of Intra-Asia's "Independent Directors." For purposes of
this Amendment, the term "Independent Directors" means persons who serve on the
Board of Directors of Intra-Asia and who are "independent" as defined by (i) the
listing standards of the principal United States stock exchange or Nasdaq market
on which shares of Intra-Asia's common stock are traded after the IPO, as such
listing standards may subsequently be amended, and (ii) Section 10A(m)(3) of the
Securities Exchange Act of 1934, including rules and regulations of the
Securities and Exchange Commission promulgated thereunder. It is agreed that,
effective upon their election to Intra-Asia's Board of Directors concurrently
with the closing of the IPO, Nabil El-Hage, Richard A. Lumpkin and Bill Sims
shall be Independent Directors unless and until they cease to satisfy the
requirements of the preceding sentence.

        5. A majority of Intra-Asia's Independent Directors must consent to and
approve in writing any amendment to, or termination of, the Joint Venture
Agreement after the closing of the IPO (including, without limitation, any
amendment to, or termination of, this Amendment). Furthermore, a majority of
Intra-Asia's Independent Directors must consent to and approve in writing any
agreement or transaction entered into after the closing of the IPO by the Joint
Venture with Neo-Luck or Intra-Asia or with any subsidiary or other affiliate of
Neo-Luck (including, without limitation, Weicheng).

        6. The agreements described above in Paragraphs 1 to 5 shall be
effective from and after the closing date of the IPO. Each of Neo-Luck and
Intra-Asia agrees to execute such additional agreements and to take such
additional actions as are necessary in order to carry out the provisions and
intent of this Amendment.

        7. The joint venture agreement dated as of October 8, 1991 hereby is
terminated and superseded in its entirety by the Joint Venture Agreement and
this Amendment. This Amendment also terminates and supersedes the Amendment
dated as of November 28, 2001 between Neo-Luck and Intra-Asia.

        8. This Amendment shall be governed by the internal laws of the State of
California without giving effect to conflicts-of-law principles. This Amendment
may be executed in counterparts and by facsimile.

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<PAGE>

        IN WITNESS WHEREOF, Neo-Luck and Intra-Asia have executed and delivered
this Amendment as of the date first written above.

                            WEIFANG NEO-LUCK (GROUP) CORPORATION

                            By:    /s/ JUN YIN
                                   -----------------------------------
                                   Jun Yin, Chairman

                            INTRA-ASIA ENTERTAINMENT CORPORATION

                            By:    /s/ MICHAEL B. DEMETRIOS
                                   ---------------------------------
                                   Michael B. Demetrios, Chief Executive Officer

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