Document:

<PAGE>
                                                                    Exhibit 10.2

                              AMENDMENT NUMBER ONE
                                       TO
                        THE MOSSIMO GIANNULLI BONUS PLAN

         This Amendment Number One to The Mossimo Giannulli Bonus Plan is dated
as of July 1, 2002.

                                    RECITALS
                                    --------

         1. The Mossimo Giannulli Bonus Plan (the "Plan") was approved by the
Mossimo, Inc. (the "Company") stockholders on June 3, 2002.

         2. Pursuant to Section IX of the Plan, the Board of Directors may amend
the Plan from time to time.

         3. The Board of Directors upon recommendation of its Compensation
Committee believes it is in the best interest of the Company and its
stockholders to amend the Plan in accordance with the terms of this Amendment
Number One, the form of which has been approved by the Board of Directors.

                                    AMENDMENT
                                    ---------

         SECTION 1. Section V is amended by deleting the last sentence of the
third full paragraph of Section V.

         SECTION 2. The first sentence of Section IV is amended and restated in
full to read as follows:

                  "At the discretion of the Compensation Committee of the Board
                  of Directors as provided in Section VIII, Executive shall be
                  eligible to earn an annual bonus (the "Annual Bonus") based on
                  the achievement of the Performance Objectives by the Company,
                  as determined by the Compensation Committee (the "Committee")
                  of the Board. The Annual Bonus for any year shall not exceed
                  the amount set forth in the Performance Objectives for such
                  year."

         SECTION 3. Section VIII is amended and restated in full to read as
follows:

                  "VIII. AWARD AND PAYMENT OF ANNUAL BONUS.

                  Each fiscal quarter of the Company the Committee will
                  determine whether the Executive has achieved the Performance
                  Objectives pro rated for the fiscal quarter taking into
                  account such measures and estimates as it deems reasonable.
                  The Committee shall then determine in its sole and absolute
                  discretion whether notwithstanding the Executive's

                                       1
<PAGE>

                  satisfaction of the Performance Objectives for the final
                  quarter of the fiscal year the Executive will be paid any or
                  all (or a portion) of the Annual Bonus. In making its
                  determination, the Committee shall consider among other things
                  the same criteria set forth in Section IV and the fiscal year
                  to date performance of the Company as a whole. The Committee
                  shall make its determinations required by this Section VIII
                  within 45 days of the end of the fiscal quarter and within 60
                  days of the end of the final quarter of the fiscal year. All
                  or portions of the Annual Bonuses awarded shall be paid to
                  Executive in cash at the sole and absolute discretion of the
                  Committee and subject to approval by the Board of Directors of
                  the Company."

         SECTION 4. This Amendment shall take effect as of May 15, 2002. Through
May 15, 2002 the terms of the Bonus Plan shall be applied without giving effect
to this Amendment, subject to approval of this Amendment by the Board of
Directors. No payment shall be made under the Plan until this Amendment is so
approved.

         SECTION 5. Except as provided in this Amendment Number One, the
provisions, terms and conditions of the Plan shall remain in full force and
effect.

                                                     Mossimo, Inc.

                                                     /S/ GIA CASTROGIOVANNI
                                                     ---------------------------
                                                     Secretary

ACKNOWLEDGED AND AGREED:

/S/ MOSSIMO GIANNULLI
---------------------------
MOSSIMO GIANNULLI

                                       2<PAGE>

                                                                    Exhibit 10.3

                              AMENDMENT NUMBER ONE
                                       TO
                           THE EDWIN LEWIS BONUS PLAN

         This Amendment Number One to The Edwin Lewis Bonus Plan is dated as of
July 1, 2002.

                                    RECITALS
                                    --------

         1. The Edwin Lewis Bonus Plan (the "Plan") was approved by the Mossimo,
Inc. (the "Company") stockholders on June 3, 2002.

         2. Pursuant to Section IX of the Plan, the Board of Directors may amend
the Plan from time to time.

         3. The Board of Directors upon recommendation of its Compensation
Committee believes it is in the best interest of the Company and its
stockholders to amend the Plan in accordance with the terms of this Amendment
Number One, the form of which has been approved by the Board of Directors.

                                    AMENDMENT
                                    ---------

         SECTION 1. The first sentence of Section IV is amended and restated in
full to read as follows:

                  "At the discretion of the Compensation Committee of the Board
                  of Directors as provided in Section VIII, Executive shall be
                  eligible to earn an annual bonus (the "Annual Bonus") based on
                  the achievement of the Performance Objectives by the Company,
                  as determined by the Compensation Committee (the "Committee")
                  of the Board. The Annual Bonus for any year shall not exceed
                  the amount set forth in the Performance Objectives for such
                  year."

         SECTION 2. Section VIII is amended and restated in full to read as
follows:

                  "VIII. AWARD AND PAYMENT OF ANNUAL BONUS.

                  Each fiscal quarter of the Company the Committee will
                  determine whether the Executive has achieved the Performance
                  Objectives pro rated for the fiscal quarter taking into
                  account such measures and estimates as it deems reasonable.
                  The Committee shall then determine in its sole and absolute
                  discretion whether notwithstanding the Executive's
                  satisfaction of the Performance Objectives for the final
                  quarter of the fiscal year the Executive will be paid any or
                  all (or a portion) of the Annual Bonus. In making its
                  determination, the Committee shall consider among other things

                                       1
<PAGE>

                  the same criteria set forth in Section IV and the fiscal year
                  to date performance of the Company as a whole. The Committee
                  shall make its determinations required by this Section VIII
                  within 45 days of the end of the fiscal quarter and within 60
                  days of the end of the final quarter of the fiscal year. All
                  or portions of the Annual Bonuses awarded shall be paid to
                  Executive in cash at the sole and absolute discretion of the
                  Committee, and subject to approval by the Board of Director of
                  the Company"

         SECTION 3. The first sentence of Section X is amended in full and
restated to read as follows:

                  "The Company may upon the approval of the Committee advance a
                  portion of the Annual Bonus with respect to a contract year on
                  a quarterly basis during such Contract Year. Any advance shall
                  be made no earlier than thirty (30) days of receipt of payment
                  by the Company from Target Corporation pursuant to the Mossimo
                  License Agreement with Target Stores, a division of Target
                  Corporation, as Minnesota corporation ("Target"), dated as of
                  March 28, 2000, as amended by the Amendment to License and
                  Design Services Agreement entered into as of April 25, 2002
                  (the "License and Design Services Agreement").

         SECTION 4. This Amendment shall take effect as of May 15, 2002. Through
May 15, 2002 the terms of the Bonus Plan shall be applied without giving effect
to this Amendment, subject to approval of this Amendment by the Board of
Directors. No payment shall be made under the Plan until this Amendment is so
approved.

         SECTION 5. Except as provided in this Amendment Number One, the
provisions, terms and conditions of the Plan shall remain in full force and
effect

                                                     Mossimo, Inc.

                                                     /S/ GIA CASTROGIOVANNI
                                                     ---------------------------
                                                     Secretary

ACKNOWLEDGED AND AGREED:

/S/ Edwin Lewis
------------------------
Edwin Lewis

                                       2<PAGE>
Exhibit 10.9

                           NOTE MODIFICATION AGREEMENT

         THIS NOTE MODIFICATION AGREEMENT (this "AGREEMENT") is entered into as
of the 30th day of June, 2002, by and between TELENETICS CORPORATION, a
California corporation (the "ISSUER"), and DOLPHIN OFFSHORE PARTNERS, L.P. (the
"HOLDER").

                                 R E C I T A L S

         WHEREAS, the Issuer is the maker of that certain 12% Unsecured
Promissory Note, dated January 22, 2001, in the principal amount of Three
Hundred Twenty-Five Thousand Dollars ($325,000) in favor of the Holder (the "12%
NOTE"); and

         WHEREAS, the Issuer is the maker of that certain 10% Subordinated
Unsecured Promissory Note Due 2001, dated February 4, 2000, in the principal
amount of $250,000 (the "10% NOTE") in favor of the Holder;

         WHEREAS, the 12% Note and the 10% Note (the "NOTES") were modified
pursuant to a Modification Agreement dated as of June 29, 2001 between the
Issuer and the Holder; and

         WHEREAS, the Issuer and the Holder desire to further amend and then to
exchange the Notes as provided herein.

                                A G R E E M E N T

         NOW, THEREFORE, in consideration of the premises and of the mutual
agreements set forth below, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

         1. EXTENSION OF MATURITY AND PAYMENT DUE DATES OF NOTES. The Maturity
Date of each of the Notes, as defined therein, hereby is extended from July 2,
2002 to July 15, 2002. The due dates of all remaining payments due or to become
due under each of the Notes hereby are extended to July 15, 2002.

         2. PARTIAL PAYMENT AND EXCHANGE OF NOTES. On July 15, 2002, the Holder
shall deliver to the Issuer for cancellation each of the Notes in exchange for
the delivery by the Issuer to the Holder of (a) the sum of Twenty-Five Thousand
Dollars ($25,000) plus all accrued and unpaid interest on each of the Notes
through July 15, 2002 and (b) a note in the principal amount of Five Hundred
Fifty Thousand Dollars ($550,000) in the form attached as EXHIBIT A to this
Agreement (the "EXCHANGE NOTE").

         3. INVESTMENT INTENT AND ACCREDITED INVESTOR STATUS. The Holder
represents that the Holder is acquiring the Exchange Note for its own account,
for investment purposes, and not with a view to or for sale in connection with
any distribution thereof. The Holder understands that the Note has not been
registered under the Securities Act of 1933, as amended, or registered or
qualified under any state securities law in reliance upon specific exemptions
therefrom, which exemptions may depend upon, among other things, the bona fide
nature of the Holder's investment intent as expressed herein. The Holder also
represents that the Holder is an "accredited investor" (as that term is defined
in Rule 501 of Regulation D under the Securities Act), and that by reason of its
business and financial experience, the Holder has such knowledge, sophistication
and experience in business and financial matters so as to be capable of
evaluating the merits and risks of the investment in the Exchange Note and is
able to bear the economic risk of its investment.

<PAGE>

         4. OTHER TERMS OF NOTES. Except as specifically modified or amended by
the terms hereof, all other terms and conditions of the Notes shall remain in
full force and effect.

         5. GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the laws of the State of California, without regard to choice of
law principles. If any one or more of the provisions contained in this Agreement
shall for any reason be found by a court of competent jurisdiction to be
invalid, illegal or unenforceable in any respect, the parties agree that such
court may modify such provision to the extent necessary to make it valid, legal
and enforceable. In any event, such provision shall be separable and shall not
limit or affect the validity, legality or enforceability of any other provision
hereunder.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
or about July 3, 2002, to memorialize an agreement intended by the parties to be
effective as of June 30, 2002.

"ISSUER"                                     TELENETICS CORPORATION,
                                             a California corporation

                                             By: /s/ David L. Stone
                                                 -------------------------------
                                                 David L. Stone, President

"HOLDER"                                     DOLPHIN OFFSHORE PARTNERS, L.P.

                                             By: /s/ Peter E. Salas
                                                 -------------------------------
                                                 Peter E. Salas, General Partner

                                      -2-

<PAGE>

                    EXHIBIT A TO NOTE MODIFICATION AGREEMENT
                    ----------------------------------------

                     Please refer to attached form of note.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00041-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00041-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00041-of-00352.parquet"}]]