Document:

86

                                                                    EXHIBIT 10.7

                   OFFICER'S INCENTIVE STOCK OPTION AGREEMENT

THIS AGREEMENT made as of November 10, 1999

BETWEEN:

VIBRO-TECH INDUSTRIES INC., a corporation subsisting under the laws of the state
of  Delaware,  having a place of business at Suite  201-11240  Bridgeport  Road,
Richmond, British Columbia V6X 1T2

                                 ("Vibro-Tech")

AND:

GARY MAC DONALD, Businessman, having a place of business at Suite 600, 1090 West
Pender Street, Vancouver, B.C. Canada V6E 2N7

                                   ("Officer")

WHEREAS:

     F. The Company's common shares are not traded through the facilities of any
     exchange or quoted through the facilities of any service; and

B. The Company wishes to grant to the Officer in his capacity as an officer of
the Company an option to purchase common shares of the Company; and

C. The Officer is, or will be, an affiliate of the Company as interpreted under
the Securities Act of 1933 by reason of being a an officer of the Company;
WITNESSES that the parties mutually covenant and agree as follows:

ARTICLE 1 DEFINITIONS AND INTERPRETATION

1.01 In this Agreement, including the recitals and schedules to this Agreement,
unless the context otherwise requires:

B.C. Act means the Securities Act (B.C.), as amended from time to time.

Officer means Gary MacDonald.

Exchange means the OTC Bulletin Board.

Exercise Price means US$0.15 per Optioned Share.

Expiry Date means 5:00 p.m., Vancouver time, on December 31, 2003.

Optioned Shares means 50,000 Shares.

Registrar means the Registrar of Securities under the Securities Act.

Rule 504 means Rule 504 of  Regulation  D under the  Securities  Act, as amended
from time to time.

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                                       87

Securities Act means the Securities Act of 1933, as amended from time to time.

Share or Shares means a common share or common shares of the Company as
constituted on July 1, 1999.

1.02 The captions, section numbers and article numbers appearing in this
Agreement are inserted for convenience of reference only and will in no way
define, limit, constrict or describe the scope or intent of this Agreement nor
in any way affect this Agreement.

1.03 This Agreement and all matters arising under this Agreement will be
governed by, construed and enforced in accordance with the laws of Delaware and
any proceeding commenced or maintained in connection with this Agreement will be
so commenced and maintained in the court of appropriate jurisdiction in the
County of Vancouver, British Columbia to which jurisdiction the parties
irrevocably attorn.

1.04 In this Agreement, wherever the context requires, words importing the
singular number will include the plural and vice versa, words importing the
masculine gender will include the feminine and neuter genders and words
importing persons will include firms and corporations and vice versa.

1.05 Unless otherwise stated, a reference in this Agreement to a numbered or
lettered article, section, paragraph or subparagraph refers to the article,
section, paragraph or subparagraph bearing that number or letter in this
Agreement.

1.06 If any covenant or other provision of this Agreement is invalid, illegal or
incapable of being enforced by reason of any rule of law or public policy such
covenant or other provision will be severed; all other terms and conditions of
this Agreement will, nevertheless, remain in full force and effect and no
covenant or provision will be deemed dependent upon any other covenant or
provision unless so expressed herein.

ARTICLE 2 GRANT OF OPTION

2.01 The Company grants the Officer an irrevocable, non-transferable and
non-assignable option (the "Option") to purchase Optioned Shares for the
Exercise Price on the terms and other conditions of this Agreement.

2.02 It is a condition that

(a) there is available to the Officer under the Securities Act an exemption from
the registration requirements and the prospectus requirements of the Securities
Act under Rule 504; and

(b) there is available to the Officer under the B.C. Act an exemption from the
registration requirements of Part I and the prospectus requirements of Part III
of the B.C. Act under paragraphs 45(2)(10) and 74(2)(9) respectively.

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                                       88

ARTICLE 3 EXERCISE OF OPTION

3.01 The Officer may exercise the Option from time to time with respect to all
or part of the Optioned Shares or Optioned Shares remaining unpurchased.

     3.09 The Option will be exercised by the Officer or his legal personal
     representative by delivering to the principal business office of the
     Company in Vancouver, British Columbia or such other place as is designated
     by the Company from time to time:

(a) a notice stating the number of Optioned Shares being purchased; and

(b) a certified check or bank draft in favor of the Company drawn in United
States dollars for the product of the number of Optioned Shares being purchased
and the Exercise Price; or

(c) a statement that the Optioned Shares are paid for by offsetting all or part
of the amount accrued in the share purchase account established under the
retainer agreement of July 23, 1999 as amended October 20, 1999.

3.03 On exercise of Option, the Company will forthwith cause its transfer agent
to deliver to any of the Officer, his legal representative or such other person
as the Officer may otherwise direct in the notice of exercise of the Option a
certificate or certificates in the name of any of the Officer, his legal
representative or such other person as the Officer may otherwise direct in the
notice of exercise of the Option representing such number of Shares for which
payment has been made.

3.04 Nothing in this Agreement obligates or will obligate the Officer to
purchase or pay for any Optioned Shares except those Optioned Shares in respect
of which the Officer has exercised the Option in the manner prescribed.

3.05 If the Optioned Shares have not been registered under the Securities Act,
the certificate or certificates representing the Optioned Shares, will be
endorsed with a legend as follows:

THE SHARES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933 (THE "ACT"), THE DELAWARE STATE SECURITIES ACT OR ANY
OTHER APPLICABLE SECURITES ACT AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED
EXCEPT (1) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND
SUCH STATE SECURITIES LAWS, OR (2) AT THE OPTION OF THE COMPANY, UPON DELIVERY
TO THE COMPANY OF AN OPINION OF COUNSEL FOR THE TRANSFEROR, REASONABLY
SATISFACTORY TO COUNSEL FOR THE COMPANY, THAT SUCH REGISTRATION IS NOT REQUIRED.

3.06 The Officer acknowledges that the Option and the Optioned Shares, if any,
are issued pursuant to the exemption from the registration requirements
contained in Regulation D of Rule 504 of the Securities Act and exemption from
the prospectus and registration requirements of the B.C. Act contained in
paragraphs 45(2)(10) and 74(2)(9) respectively and that:

(a) the Shares and the Optioned Shares have not been registered under the
Securities Act or any state or provincial securities laws, and are being offered
in reliance on certain exemptions contained in the Securities Act and such state
or provincial securities laws;

(b) if the Optioned Shares have not been registered under the Securities Act,
the Optioned Shares will not be sold or transferred except pursuant to:

(i) an effective registration statement under the Securities Act and any
applicable state securities laws;

(ii) Rule 144 promulgated under the Securities Act; or

(ii) an opinion of counsel  satisfactory  to the Company to the effect that such
registration is not required; and

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                                       89

(c) the Option is non-transferable  regardless of whether or not there exists an
exemption under which the Option could be sold or transferred to a third party;

(d) no federal, state or provincial agency has made any finding or determination
as to the fairness of the investment, or any recommendation or endorsement of
the Shares or any other securities of the Company; and

(e) the Company may not because of the current policies of British Columbia
Securities administrators become a reporting issuer in British Columbia and
compliance with the law of British Columbia on any sale of the Optioned Shares
is the obligation of the Officer.

ARTICLE 4 REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OFFICER

4.01 The Officer represents and warrants to, and covenants with, the Company
that:

(a) the Officer is resident for securities law purposes in British Columbia; and

(b) the grant of the Option has not been made by expectation of employment or
continued employment.

ARTICLE 5 TERMINATION OF OPTION

5.01 The Option and this Agreement will terminate on the earlier of the Expiry
Date or:

(a) six months after the Officer ceases to be an officer of the Company;

(b) six months after the date of the death of the Officer;

(c) the time at which any  securities  regulatory  authority  issues against the
Officer  a cease  trade  order  based on a  determination  that  trading  of the
securities  of the  Company by the Officer is not in the best  interests  of the
public; or

(d) the time at which the Company determines that any of the Officer,  his legal
representative  or such  other  person as is  designated  by the  Officer in the
notice  exercising  the Option as the person to whom  Optioned  Shares are to be
issued  is in  breach of any  condition  in this  Agreement  or  applicable  law
relating  to the sale by the  Officer,  his legal  representative  or such other
person as is designated of any of the Optioned Shares.

ARTICLE 6 PROHIBITION ON DEALING WITH THE OPTION AND RESTRICTIONS ON SALE OF
          OPTIONED SHARES

6.01 The Officer will not pledge, mortgage, hypothecate, sell, assign or
transfer, or agree to pledge, mortgage, hypothecate, sell, assign or transfer
the Option or any interest in, or right to, the Option.

6.02 A trade by the Officer of an Optioned Share is deemed to be a distribution
under the B.C. Act and the Securities Rules (B.C.) unless:

(a) the Company is at the time of the trade a reporting issuer not in default of
any requirement of the B.C. Act and the Securities Rules (B. C.); and

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                                       90

(b) if the Officer is an insider of the Company, other than a Officer or senior
officer of the Company, the Officer has filed all records required to be filed
under sections 87 and 90 of the B.C. Act;

(c) if the Officer is a Officer or senior officer of the Company, the Officer
has filed all records required to be filed under sections 87 and 90 of the B.C.
Act and the Company has filed all records required to be filed under Part 12 of
the B.C. Act;

(d) the trade is not a distribution from the holdings of a control person;

(e) no unusual effort must be made to prepare the market or to create a demand
for the Optioned Shares; and

(f) no extraordinary commission or consideration is to be paid in respect of the
trade.

ARTICLE 7 ADJUSTMENT OF NUMBER OF OPTIONED SHARES

7.01 The number of Optioned Shares deliverable upon the exercise of the Option
will be adjusted as follows:

(a) if there is any subdivision or subdivisions of the Shares while the Option
is in effect into a greater number of Shares, the Company will deliver at the
time of purchase of Optioned Shares, in addition to the number of Optioned
Shares in respect of which the right to purchase is being exercised, such
additional number of Optioned Shares as result from such subdivision or
subdivisions without the Officer making any additional payment or giving any
other consideration;

(b) if there is any consolidation or consolidations of the Shares while the
Option is in effect into a lesser number of Shares, the Company will deliver and
the Officer will accept, at the time of purchase of Optioned Shares, instead of
the number of Optioned Shares in respect of which the right to purchase is being
exercised, the lesser number of Optioned Shares as a result from such
consolidation or consolidations;

(c) if there is any change of the Shares of the Company while the Option is in
effect, the Company will deliver at the time of purchase of Optioned Shares the
number of Optioned Shares of the appropriate class resulting from the such
change as the Officer would have been entitled to receive in respect of the
number of Optioned Shares so purchased had the right to purchase been exercised
before such change;

(d) if there is any capital reorganization, reclassification or change of
outstanding equity shares, other than a change in the par value, of the Company
or if there is any consolidation, merger or amalgamation of the Company with or
into any other company or any sale of the property of the Company as or
substantially as an entirety at any time while the Option is in effect, the
Officer may purchase and receive, instead of the Optioned Shares purchasable and
receivable upon the exercise of the Option, the kind and amount of Shares and
other securities and property receivable upon such capital reorganization,
reclassification, change, consolidation, merger, amalgamation or sale which the
holder of a number of Shares equal to the number of Optioned Shares purchasable
and receivable upon the exercise of the Option would have received as a result
of such event.

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                                       91

The subdivision or consolidation of Shares at any time outstanding into a
greater or lesser number of Shares, whether with or without par value, will not
be deemed to be a capital reorganization or a reclassification of the capital of
the Company for the purposes of this paragraph (d).

7.02 The adjustments provided for in section 7.01 are cumulative.

7.03 The Company will not be required to issue fractional Shares in satisfaction
of its obligations and any fractional interest in a Share that would, except for
the provisions of this section, be deliverable upon the exercise of the Option
will be cancelled and not be deliverable by the Company.

7.04 If any questions at any time arise with respect to the exercise price or
number of Optioned Shares deliverable upon exercise of the Option, such
questions will be conclusively determined by the Company's auditors, or, if they
decline to so act, any other firm of chartered accountants in Vancouver, British
Columbia that the Company may designate and who will have access to all
appropriate records and such determination will be binding upon the Company and
the Officer.

7.05 The Officer will have no rights whatsoever as a shareholder in respect of
any of the Optioned Shares, including any right to receive dividends or other
distributions, other than in respect of Optioned Shares in respect of which the
Officer has exercised its Option and which the Officer has taken up and paid
for.

7.06 The Company represents and warrants to, and covenants with the Officer
that:

(a) the Company will use its best efforts to proceed to have its Shares
registered under the Securities Exchange Act of 1934 and if the policies of
applicable securities administrators change to become a reporting issuer in
British Columbia; and

(b) the Company will reserve in its treasury sufficient Shares to permit the
issuance and allotment of the Optioned Shares to the Officer if the Option or
any part thereof is exercised.

ARTICLE 8 GENERAL PROVISIONS

8.01 Time is of the essence of the performance of every obligation under this
Agreement, and no failure or lack of diligence by any party in proclaiming or
seeking redress for any violation of, or insisting on strict performance of, any
provision of this Agreement will prevent a subsequent violation of that
provision, or of any other provision, from giving rise to any remedy that would
be available if it were an original violation of that provision or another
provision.

8.02 This Agreement will be binding upon and enure to the benefit of the
respective heirs, executors, administrators and other legal representatives and,
to the extent permitted hereunder, the respective successors and assigns, of the
parties.

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                                       92

8.03 Unless otherwise provided herein, any notice, payment or other
communication to a party under this Agreement may be made, given or served by
delivery, telecopy or email and addressed as follows:

(a) if to the Officer:

Mr. Gary Mac Donald
Suite 600, 1090 West Pender Street
Vancouver, B.C. V5E 2N7

Fax: 604-683-8791
Email: gary@macdonald.com
       ------------------

(b) if to Vibro-Tech

Vibro-Tech Industries, Inc.
201-11240 Bridgeport Road
Richmond, B.C.  V6X IT2

Attention: Mr. Jock Chong, President

Fax: 604-278-2712
Email: bjchong@idmail.com
       ------------------

8.04 Any notice, payment or other communication so delivered, telecopied or
emailed will be deemed to have been given or served at the time of delivery or
transmission by telecopy or email.

8.05 A party may by notice change its address for service.

8.06 This Agreement constitutes the entire agreement between the parties and
supercedes all previous agreements or understandings between the parties in any
way relating to its subject matter and the Company has made not representations,
inducements, warranties or promises concerning this Agreement or the matters
referred to herein which are not embodied in this Agreement.

IN WITNESS WHERE OF this Agreement has been executed by the parties as at the
date first above written.

VIBRO-TECH INDUSTRIES, INC.

By: /s/ Gary MacDonald
Gary MacDonald, Secretary

Signed, Sealed and Delivered by Gary        )
MacDonald in the presence of:               )
                                            )
/s/ Susan Dubeau                            )
Susan Dubeau                                )
600-1090 West Pender Street                 )  /s/ Gary MacDonald
Vancouver, B.C. V6E 2N7                     )      GARY MACDONALD

30070511010/1-893

                                                                    EXHIBIT 10.8

                 CONSULTANT'S INCENTIVE STOCK OPTION AGREEMENT

THIS AGREEMENT made as of October 25, 1999

BETWEEN:

VIBRO-TECH INDUSTRIES INC., a corporation subsisting under the laws of the state
of Delaware, having a place of business at Suite 201-11240 Bridgeport Road,
Richmond, British Columbia V6X 1T2

                                 ("Vibro-Tech")

AND:

DR. MILES PRICE, Businessman, having a place of business at 3643 Marine Drive,
West Vancouver, B. C. V7V IN3

                               (the "Consultant")

WHEREAS:

A. The Company's common shares are not traded through the facilities of any
exchange or quoted through the facilities of any service; and

B. The Company wishes to grant to the Consultant in his capacity as a Consultant
of the Company as engaged by an agreement dated October 25, 1999 an option to
purchase common shares of the Company; and

C. The Purchaser is not, or not will be, an affiliate of the Company as
interpreted under the Securities Act of 1933 (U.S.)

WITNESSES that the parties mutually covenant and agree as follows:

ARTICLE 1 DEFINITIONS AND INTERPRETATION

1.01 In this Agreement, including the recitals and schedules to this Agreement,
unless the context otherwise requires:

B.C. Act means the Securities Act (B.C.), as amended from time to time.

Consultant means Dr. Miles Price.

Exchange means the OTC Bulletin Board.

Exercise Price means US$0.15 per Optioned Share.

Expiry Date means 5:00 p.m., Vancouver time, on June 30, 2003.

Optioned Shares means 30,000 Shares.

Registrar means the Registrar of Securities under the Securities Act.

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                                       94

Securities Act means the Securities Act of 1933 (U.S.), as amended from time to
time.

Securities Exchange Act means the Securities Exchange Act of 1934 (U.S.), as
amended from time to time.

Share or Shares means a common share or common shares of the Company as
constituted on July 1, 1999.

1.02 The captions, section numbers and article numbers appearing in this
Agreement are inserted for convenience of reference only and will in no way
define, limit, constrict or describe the scope or intent of this Agreement nor
in any way affect this Agreement.

1.03 This Agreement and all matters arising under this Agreement will be
governed by, construed and enforced in accordance with the laws of Delaware and
any proceeding commenced or maintained in connection with this Agreement will be
so commenced and maintained in the court of appropriate jurisdiction in the City
of Wilmington, Delaware to which jurisdiction the parties irrevocably attorn.

1.04 In this Agreement, wherever the context requires, words importing the
singular number will include the plural and vice versa, words importing the
masculine gender will include the feminine and neuter genders and words
importing persons will include firms and corporations and vice versa.

1.05 Unless otherwise stated, a reference in this Agreement to a numbered or
lettered article, section, paragraph or subparagraph refers to the article,
section, paragraph or subparagraph bearing that number or letter in this
Agreement.

1.06 If any covenant or other provision of this Agreement is invalid, illegal or
incapable of being enforced by reason of any rule of law or public policy such
covenant or other provision will be severed; all other terms and conditions of
this Agreement will, nevertheless, remain in full force and effect and no
covenant or provision will be deemed dependent upon any other covenant or
provision unless so expressed herein.

ARTICLE 2 GRANT OF OPTION

2.01 On condition that the consulting agreement dated October 25, 1999 between
the Company and the Consultant remains a valid and subsisting agreement until
December 31, 1999, the Company grants the Consultant an irrevocable,
non-transferable and non-assignable option (the "Option") to purchase Optioned
Shares for the Exercise Price on the terms and other conditions of this
Agreement.

2.02 It is a condition that

(a) there is available to the Consultant under the Securities Act an exemption
from the registration exemption found under Rule 504 of Regulation D of the
requirements and the prospectus requirements of the Securities Act; and

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                                       95

(b) there is available to the Consultant under the B.C. Act an exemption from
the registration requirements of Part I and the prospectus requirements of Part
III of the B.C. Act as contained in paragraphs 45(2)(10) and 74(2)(9)
respectively or rule 128(g) of the Rules to the Securities Act (British
Columbia).

ARTICLE 3 EXERCISE OF OPTION

3.01 The Consultant may exercise the Option from time to time with respect to
all or part of the Optioned Shares or Optioned Shares remaining unpurchased.

     3.10 The Option will be exercised by the Consultant or his legal personal
     representative by delivering to the principal business office of the
     Company in Richmond, British Columbia or such other place as is designated
     by the Company from time to time:

(a) a notice stating the number of Optioned Shares being purchased; and

(b) a  certified  check or bank  draft in favor of the  Company  drawn in United
States dollars for the product of the number of Optioned Shares being purchased
and the Exercise Price.

3.03 On exercise of Option, the Company will forthwith cause its transfer agent
to deliver to any of the Consultant, his legal representative or such other
person as the Consultant may otherwise direct in the notice of exercise of the
Option a certificate or certificates in the name of any of the Consultant, his
legal representative or such other person as the Consultant may otherwise direct
in the notice of exercise of the Option representing such number of Shares for
which payment has been made.

3.04 Nothing in this Agreement obligates or will obligate the Consultant to
purchase or pay for any Optioned Shares except those Optioned Shares in respect
of which the Consultant has exercised the Option in the manner prescribed.

3.05 If the Optioned Shares have not been registered under the Securities Act,
the certificate or certificates representing the Optioned Shares, will be
endorsed with a legend as follows:

THE SHARES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933 (THE "ACT"), THE DELAWARE STATE SECURITIES ACT OR ANY
OTHER APPLICABLE SECURITES ACT AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED
EXCEPT (1) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND
SUCH STATE SECURITIES LAWS, OR (2) AT THE OPTION OF THE COMPANY, UPON DELIVERY
TO THE COMPANY OF AN OPINION OF COUNSEL FOR THE TRANSFEROR, REASONABLY
SATISFACTORY TO COUNSEL FOR THE COMPANY, THAT SUCH REGISTRATION IS NOT REQUIRED
PURSUANT TO THE PROVISIONS OF RULE 144 AND THE RESTRICTION CONTAINED THEREUNDER.

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                                       96

3.06 The Consultant acknowledges that the Option and the Optioned Shares, if
any, are issued pursuant to the exemption from the registration requirements
contained in Rule 504 of Regulation D of the Securities Act and exemption from
the prospectus and registration requirements of the B.C. Act and that:

(a) the Shares and the Optioned Shares have not been registered under the
Securities Act or any state or provincial securities laws, and are being offered
in reliance on Rule 504 of Regulation D contained in the Securities Act and
certain other exemptions in state or provincial securities laws;

(b) if the Optioned Shares have not been registered under the Securities Act,
the Optioned Shares will not be sold or transferred except pursuant to:

(i) an effective registration statement under the Securities Act and any
applicable state securities laws;

(ii) Rule 144 promulgated under the Securities Act; or

(iii) an opinion of counsel satisfactory to the Company to the effect that such
registration is not required; and

(c) the Option is non-transferable regardless of whether or not there exists an
exemption under which the Option could be sold or transferred to a third party;

(d) no federal, state or provincial agency has made any finding or determination
as to the fairness of the investment, or any recommendation or endorsement of
the Shares or any other securities of the Company; and

(e) the Company is not a reporting issuer, and does not expect to become, a
reporting issuer in British Columbia and the onus is on the Purchaser to comply
with the laws of British Columbia in selling the Optioned Shares.

ARTICLE 4 REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE CONSULTANT

4.01 The Consultant represents and warrants to, and covenants with, the Company
that:

(a) the Consultant is resident for securities law purposes in British Columbia;
and

(b) the grant of the Option has not been made by expectation of employment or
engagement, or of continued employment or engagement.

ARTICLE 5 TERMINATION OF OPTION

5.01 The Option and this Agreement will terminate on the earlier of the Expiry
Date or:

(a) six months after the consulting agreement dated October 25, 1999 between the
Company and the Consultant relating to the engagement of the Consultant for the
Company in Mexico or any renewal of the Agreement is terminated;

(b) six months after the date of the death of the Consultant;

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                                       97

(c) the time at which any securities regulatory authority issues against the
Consultant a cease trade order based on a determination that trading of the
securities of the Company by the Consultant is not in the best interests of the
public; or

(d) the time at which the Company determines that any of the Consultant, his
legal representative or such other person as is designated by the Consultant in
the notice exercising the Option as the person to whom Optioned Shares are to be
issued is in breach of any condition in this Agreement or applicable law
relating to the sale by the Consultant, his legal representative or such other
person as is designated of any of the Optioned Shares.

ARTICLE 6 PROHIBITION ON DEALING WITH THE OPTION AND RESTRICTIONS ON SALE OF
          OPTIONED SHARES

6.01 The Consultant will not pledge, mortgage, hypothecate, sell, assign or
transfer, or agree to pledge, mortgage, hypothecate, sell, assign or transfer
the Option or any interest in, or right to, the Option.

6.02 A trade by the Consultant of an Optioned Share is deemed to be a
distribution under the B.C. Act and the Securities Rules (B.C.) unless:

(a) the Company is at the time of the trade a reporting issuer not in default of
any requirement of the B.C. Act and the Securities Rules (B. C.); and

(b) if the Consultant is an insider of the Company, other than a director or
senior officer of the Company, the Consultant has filed all records required to
be filed under sections 87 and 90 of the B.C. Act;

(c) if the Consultant is a Consultant or senior officer of the Company, the
Consultant has filed all records required to be filed under sections 87 and 90
of the B.C. Act and the Company has filed all records required to be filed under
Part 12 of the B.C. Act;

(d) the trade is not a distribution from the holdings of a control person;

(e) no unusual effort must be made to prepare the market or to create a demand
for the Optioned Shares; and

(f) no extraordinary commission or consideration is to be paid in respect of the
trade.

6.03 The Consultant acknowledges that it the current policy of the British
Columbia Securities Commission, contrary to that of other Canadian securities
administrators, that a receipt for a prospectus of the Company will not, under
any circumstances, be issued, if the shares of the Company are quoted through
the services of the OTCBB, United States and the risk of complying with, or
being subject to the provisions of the B.C. Act, lie entirely with the
Consultant.

ARTICLE 7 ADJUSTMENT OF NUMBER OF OPTIONED SHARES

7.01 The number of Optioned Shares deliverable upon the exercise of the Option
will be adjusted as follows:

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                                       98

(a) if there is any subdivision or subdivisions of the Shares while the Option
is in effect into a greater number of Shares, the Company will deliver at the
time of purchase of Optioned Shares, in addition to the number of Optioned
Shares in respect of which the right to purchase is being exercised, such
additional number of Optioned Shares as result from such subdivision or
subdivisions without the Consultant making any additional payment or giving any
other consideration;

(b) if there is any consolidation or consolidations of the
Shares while the Option is in effect into a lesser number of Shares, the Company
will deliver and the Consultant will accept, at the time of purchase of Optioned
Shares,  instead of the number of Optioned  Shares in respect of which the right
to purchase is being exercised, the lesser number of Optioned Shares as a result
from such  consolidation  or  consolidations;

(c) if there is any change of the Shares of the Company while the Option is in
effect, the Company will deliver at the time of purchase of Optioned Shares the
number of Optioned Shares of the appropriate class resulting from the such
change as the Consultant would have been entitled to receive in respect of the
number of Optioned Shares so purchased had the right to purchase been exercised
before such change;

(d) if there is any capital reorganization, reclassification or change of
outstanding equity shares, other than a change in the par value, of the Company
or if there is any consolidation, merger or amalgamation of the Company with or
into any other company or any sale of the property of the Company as or
substantially as an entirety at any time while the Option is in effect, the
Consultant may purchase and receive, instead of the Optioned Shares purchasable
and receivable upon the exercise of the Option, the kind and amount of Shares
and other securities and property receivable upon such capital reorganization,
reclassification, change, consolidation, merger, amalgamation or sale which the
holder of a number of Shares equal to the number of Optioned Shares purchasable
and receivable upon the exercise of the Option would have received as a result
of such event.

The subdivision or consolidation of Shares at any time outstanding into a
greater or lesser number of Shares, whether with or without par value, will not
be deemed to be a capital reorganization or a reclassification of the capital of
the Company for the purposes of this paragraph (d).

7.02 The adjustments provided for in section 7.01 are cumulative.

7.03 The Company will not be required to issue fractional Shares in satisfaction
of its obligations and any fractional interest in a Share that would, except for
the provisions of this section, be deliverable upon the exercise of the Option
will be cancelled and not be deliverable by the Company.

7.04 If any questions at any time arise with respect to the Exercise Price or
number of Optioned Shares deliverable upon exercise of the Option, such
questions will be conclusively determined by the Company's auditors, or, if they
decline to so act, any other firm of chartered accountants in Vancouver, British
Columbia that the Company may designate and who will have access to all
appropriate records and such determination will be binding upon the Company and
the Consultant.

<PAGE>

                                       99

7.05 The Consultant will have no rights whatsoever as a shareholder in respect
of any of the Optioned Shares, including any right to receive dividends or other
distributions, other than in respect of Optioned Shares in respect of which the
Consultant has exercised its Option and which the Consultant has taken up and
paid for.

7.06 The Company represents and warrants to, and covenants with the Consultant
that:

(a) the Company will use its best efforts to proceed to have its Shares
registered under the Securities Act and the Securities Exchange Act of 1934
within one year from the date of this Agreement subject to the policies of
applicable securities administrators as they might be from time to time; and

(b) the Company will reserve in its treasury sufficient Shares to permit the
issuance and allotment of the Optioned Shares to the Consultant if the Option or
any part thereof is exercised.

ARTICLE 8 GENERAL PROVISIONS

8.01 Time is of the essence of the performance of every obligation under this
Agreement, and no failure or lack of diligence by any party in proclaiming or
seeking redress for any violation of, or insisting on strict performance of, any
provision of this Agreement will prevent a subsequent violation of that
provision, or of any other provision, from giving rise to any remedy that would
be available if it were an original violation of that provision or another
provision.

8.02 This Agreement will be binding upon and enure to the benefit of the
respective heirs, executors, administrators and other legal representatives and,
to the extent permitted hereunder, the respective successors and assigns, of the
parties.

8.03 Unless otherwise provided herein, any notice, payment or other
communication to a party under this Agreement may be made, given or served by
delivery, telecopy or email and addressed as follows:

(a) if to Price:

Dr. Miles Price

Dr. Miles Price
3643 Marine Drive
West Vancouver, B. C. V7V IN3

Fax: 604-926-4411
Email: milesprice@aol.com
       ------------------

(b) if to Vibro-Tech

Vibro-Tech Industries, Inc.
201-11240 Bridgeport Road
Richmond, B.C.  V6X IT2

Attention: Mr. William Chow, Chairman

Fax: 604-278-2712
Email: bjchong@vibro-tech.com
       ----------------------

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                                       100

8.04 Any notice, payment or other communication so delivered, telecopied or
emailed will be deemed to have been given or served at the time of delivery of
transmission by telecopy or email.

8.05 A party may by notice change its address for service.

8.06 This Agreement constitutes the entire agreement between the parties and
supercedes all previous agreements or understandings between the parties in any
way relating to its subject matter and the Company has made not representations,
inducements, warranties or promises concerning this Agreement or the matters
referred to herein which are not embodied in this Agreement.

IN WITNESS WHERE OF this Agreement has been executed by the parties as at the
date first above written.

VIBRO-TECH INDUSTRIES, INC.

By: /s/ Gary MacDonald
        Gary MacDonald, Secretary

/s/ Dr. Miles Price
    DR. MILES PRICE

3007051105/1-8

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