Document:

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EXHIBIT 10.1

                           EXCLUSIVE LICENSE AGREEMENT

This EXCLUSIVE LICENSE AGREEMENT ("Agreement") is made this 26 day of April,
2004 by and between Timeless Video, Inc., a California corporation, ("TVI/CSI"),
Digital Continuum, Inc., a California corporation ("DCI"), ETV, Inc., a
California corporation ("ETV") and American IDC Corp., a Florida corporation
("ACNI").

Recitals:

WHEREAS, TVI/CSI possesses a library of over ten thousand (10,000) classic films
and television programs (the "Library") and has the worldwide rights for
distribution, marketing and broadcasting such films and television programs
through all channels of distribution and in all in media (as used herein, each
individual film or television program shall be a "Title" and all Titles
collectively shall be the "Library"); and

WHEREAS, DCI owns as its exclusive property a digital technology solution for
encoding, encrypting and broadcasting over the Internet, including a proprietary
Digital Continuum software ("DC Software"), which is capable of delivering over
24/7 Internet Broadband Channels; and

WHEREAS, ETV possesses the licensing rights for the Library for the purposes of
broadband delivery and reselling over the Internet in the United States and the
exclusive rights to use the DC Software for the purpose of broadband delivery
over the Internet to the United States Market (collectively, the "Licensed
Assets"). These rights are as set forth in the license agreements between
TVI/CSI and ETV and DCI and ETV, which are set forth as Exhibit A (the "TVI/CSI
License Agreement") and Exhibit B (the "DCI License Agreement"), respectively,
which are incorporated by reference herein. TVI/CSI, DCI and ETV shall
collectively be known as "Licensor"; and

WHEREAS, Licensor desires to grant a license to the Licensed Assets to ACNI
("Licensee"), thereby transferring all of Licensor's rights to manufacture,
distribute or otherwise utilize the Licensed Assets.

Now, therefore, in consideration of the following premises and the mutual
covenants herein contained, and for good and other valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties agree as
follows:

1. GRANT

1.1 GRANT OF LICENSE. Subject to the terms of the TVI/CSI License Agreement and
the DCI License Agreement and this Agreement, Licensor hereby grants to Licensee
and its affiliates a sole and exclusive license in North America to manufacture,
use, lease, distribute and/or sell the Licensed Assets.

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1.2 RIGHT TO GRANT SUB-LICENSES. Licensor grants Licensee the right to grant
sublicenses to third parties under the license granted hereunder, provided the
Licensee abides by the terms of this Agreement.

2. PAYMENT.

2.1 PAYMENT FOR LICENSE. In consideration of the rights and licenses granted to
Licensee herein, Licensee shall pay to Licensor Ten Thousand Dollars ($10,000),
which has already been paid, and five million (5,000,000) shares of restricted
common stock of ACNI immediately upon the execution of this Agreement, provided
that all terms of this Agreement that are to be completed concurrently with the
execution of this Agreement must have been fulfilled by Licensor and Licensee.

2.2 RESTRICTED SECURITIES. The stock to be issued to Licensor under this
Agreement will be restricted under Section 144 of the Securities Act of 1933
("Restricted Securities"). Licensor understands that as Restricted Securities
under the federal securities laws, the shares are not being issued under a
public offering and that under such laws and applicable regulations, such
securities may not be resold without registration under the Securities Act of
1933, except in certain limited circumstances. Licensor represents that it is
familiar with Restricted Securities and understands the resale limitations
imposed thereby and by the Act. It is understood that the certificates
evidencing the stock may bear the following legends: 1) The securities evidenced
by this certificate have not been registered under the Securities Act of 1933,
as amended (the "Act"), or the securities laws of any state of the United States
("State Acts"). The securities evidenced by this certificate may not be offered,
sold or transferred for value, directly or indirectly, in the absence of such
registration under the Act and qualification under applicable State Acts, or
pursuant to an exemption from registration under the Act and/or qualification
under applicable State Acts, the availability of which is to be established to
the reasonable satisfaction of the Licensor.

3. TERM. The term of this Agreement shall be ten (10) years and renewable by
mutual agreement.

4. EXCLUSIVITY. During the term of this Agreement, Licensee shall have the
exclusive use of the Licensed Assets.

5. PROTECTION OF INTELLECTUAL PROPERTY.

5.1. ACKNOWLEDGMENTS AND AGREEMENTS OF LICENSEE. As a material inducement to
Licensor to enter into this Agreement, and as a material part of the
consideration to Licensor hereunder, the parties hereby acknowledge and agree
that:

                  (i) (a) Licensor owns the Licensed Assets and all rights,
                  registrations, applications and filings with respect to such
                  Licensed Assets, and all renewals and extensions of any such
                  registrations, applications and filings, (b) Licensor has the
                  right to license the Licensed Assets, and (c) Licensee is
                  acquiring hereby only the right to use the Licensed Assets for
                  the purpose stated in and pursuant to the terms and conditions
                  of the Agreement.

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                  (ii) (a) Great value is placed on the Licensed Assets, and the
                  goodwill associated therewith, (b) the Licensed Assets and all
                  rights therein and goodwill pertaining thereto belong
                  exclusively to and (c) all authorized use of the Licensed
                  Assets by Licensee shall inure to the benefit of Licensor.

                  (iii) The conditions, terms, restrictions, covenants and
                  limitations of this Agreement are necessary, equitable,
                  reasonable and essential to assure the consuming public that
                  all goods and services sold under the Licensed Assets are of
                  the same consistently high quality as sold by Licensor and by
                  others who are licensed to design, manufacture and/or sell any
                  products by, under or with the Licensed Assets, if any.

5.2 PROTECTION OF RIGHTS.

                  (i) RESTRICTION ON USE. Licensee shall not use or permit the
                  use of the Licensed Assets for any purpose or use other than
                  the uses licensed under this Agreement.

                  (ii) GENERAL. Licensee shall cooperate fully and in good faith
                  with Licensor for the purpose of securing and preserving
                  Licensor's (or any grantee of Licensor's) rights in and to the
                  Licensed Assets.

6. DEFAULTS AND REMEDIES.

6.1 DEFAULTS BY LICENSEE. The occurrence of any one or more of the following
shall constitute a default by Licensee under this Agreement:

                  (i) Licensee shall fail to make payment for the Licensed
                  Assets and such failure continues for more than thirty (30)
                  days after written notice thereof, unless such failure cannot
                  be cured within such thirty (30) day period and Licensee shall
                  have commenced to cure the failure and proceeds diligently
                  thereafter to cure such failure.

                  (ii) Licensee uses the Licensed Assets in any manner likely to
                  endanger the validity of the Licensed Assets or to damage or
                  impair the reputation or value of the Licensed Assets, and
                  such action continues for more than thirty (30) days after
                  written notice thereof, unless the action cannot be cured
                  within such thirty (30) day period and Licensee shall have
                  commenced to cure the action and proceeds diligently
                  thereafter to cure such action.

                  (iii) The failure of Licensee to perform any of its other
                  material obligations under this Agreement and such failure
                  continues for more than thirty (30) days after written notice
                  thereof, unless the failure cannot be cured within such thirty
                  (30) day period and Licensee shall have commenced to cure the
                  failure and proceeds diligently thereafter to cure such
                  failure.

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6.2. DEFAULT BY LICENSOR. If Licensor fails to perform any of its material
obligations under this Agreement and such failure continues for more than thirty
(30) days after the written notice thereof, such failure shall constitute a
failure by Licensor under this Agreement, unless the failure cannot be cured
within such thirty (30) day-period and Licensor shall have commenced to cure
such failure and proceeds diligently thereafter to cure such failure.

6.3. REMEDIES.

                  (i) If Licensee has not cured any such breach or
                  non-performance in accordance with Section 6.1 above, in
                  addition to all other rights and remedies available to
                  Licensor, whether pursuant to the terms of this Agreement at
                  law in equity or otherwise, Licensor shall have the right to
                  terminate this Agreement without further notice to Licensee.

                  (ii) If Licensor has not cured any such breach or
                  non-performance in accordance with Section 6.2 above, in
                  addition to all of the other rights and remedies available to
                  Licensee, whether pursuant to the terms of this Agreement at
                  law, in equity or otherwise, Licensee shall have the right to
                  terminate this Agreement without further notice to Licensor.

6.4. EFFECT OF EXPIRATION OR TERMINATION. Except as specifically provided herein
to the contrary, upon expiration or termination of this Agreement, the rights
and licenses granted herein shall terminate and Licensee shall have no further
right to use the Licensed Assets. Upon the request of Licensor, Licensee shall
immediately execute without further consideration such assignments and other
instruments which may be required to be recorded to effect the termination of
the licenses and rights granted herein (and the assignments of Licensee's rights
to Licensor).

7. WARRANTIES.

7.1. LICENSOR'S WARRANTIES. Licensor warrants and represents that Licensor (i)
is free to enter into this Agreement, (ii) has the full power, right and
authority to make the grant of rights to Licensee as provided hereunder and that
the exercise by Licensee of such rights, as authorized hereunder, shall not
violate the rights of any third party, and (iii) is not subject to any
obligation which will or might hinder or prevent the full completion and
performance by Licensor of any of the covenants and the conditions to be kept
and performed by Licensor hereunder.

7.2. LICENSEE'S WARRANTIES. Licensee hereby represents and warrants that
Licensee (i) is free to enter into this Agreement, (ii) is not subject to any
obligation which will or might hinder or prevent the full completion and
performance by Licensee of any of the covenants and conditions to be kept and
performed by Licensee hereunder, and (iii) will ensure that all uses of the
Licensed Assets comply with the terms of this Agreement.

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8. MISCELLANEOUS.

8.1 CONSULTING AGREEMENTS. Alston Barnard and Garry Lawson, principals of
Licensor, shall agree to enter into one year consulting agreements with Licensee
to assist Licensee with marketing and utilization of the Licensed Assets. The
consulting agreements will be individually negotiated for a one-year term and
will include payment of One Million (1,000,000) shares of ACNI common stock,
registered on Form S-8.

8.2 OPTION TO PURCHASE THE LICENSED ASSETS. In consideration for entering into
this Agreement, Licensor agree to grant Licensee an exclusive two-year option to
purchase the Licensed Assets for Five Million Dollars $5,000,000 payable in cash
or common stock, as determined by the parties.

9. GENERAL PROVISIONS.

9.1. ENTIRE AGREEMENT. This Agreement sets forth the entire agreement between
the Parties with respect to the subject matter hereof, and all prior
negotiations, discussions, commitments and/or understandings relating thereto,
if any, are merged herein. This Agreement shall supersede any and all other
agreements between the Parties and may be modified only by a written agreement
signed by duly authorized of each of the Parties. No representations, oral or
otherwise expressed or implied, other than those specifically contained in this
Agreement have been made by any party hereto. No other agreements not referred
to or specifically contained herein, oral or otherwise, shall be deemed to exist
or to bind any of the Parties hereto.

9.2. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and shall
inure to the benefit of the successors and permitted assigns of the Parties.

9.3. CHOICE OF LAW. The validity, construction and enforcement of this Agreement
shall be governed by the laws of the State of California without regard to its
choice of law principles.

9.4. DISPUTE RESOLUTION. Any claim or controversy arising out of or relating to
this Agreement, or any breach thereof wherein only damages are sought, be
brought in federal or state court in the State of California, County of Los
Angeles.

9.5. NO WAIVER. No waiver by either party, whether express or implied, of any
provision of this Agreement or of any breach or default of any party, shall
constitute a continuing waiver of such provision or any other provisions of this
Agreement, and no such waiver by any party shall prevent such party from acting
upon the same or any subsequent breach or default of the other party of the same
or any other provision of this Agreement.

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9.6. DISCLAIMER OF AGENCY. Nothing in this Agreement shall create a partnership
or joint venture or establish the relationship of principal and agent or any
other relationship of a similar nature between the parties hereto, and neither
Licensee nor Licensor shall have the power to obligate or bind the other in any
manner whatsoever.

9.7. CONSTRUCTION. This Agreement shall be interpreted to provide Licensor with
the maximum control of the Licensed Assets and the use thereof.

9.8. LICENSOR APPROVALS. Any approval required from Licensor under this
Agreement shall be effective and binding against Licensor only if it is in
writing. Any approval required hereunder must be obtained by Licensee prior to
Licensee taking any action which requires such approval.

9.9. COUNTERPARTS. This Agreement may be executed in any number of counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

9.10. AUTHORITY. Each individual signing on behalf of a party hereto represents
and warrants that he or she is authorized to execute this Agreement on behalf of
such party. Each party has obtain the necessary approvals to enter into this
agreement.

9.11. TERMINATION ON INSOLVENCY OF LICENSEE. Licensor may terminate this
Agreement if a petition for relief under applicable bankruptcy law is filed by
or against Licensee, and is not dismissed within sixty (60) days of such filing,
if Licensee makes any assignment for the benefit of its creditors, or if a
receiver is appointed for Licensee for all or substantially are of its business
interests. The license and rights granted hereunder are personal to Licensee. No
assignee for the benefit of creditors, receiver, debtor in possession, trustee
in bankruptcy, sheriff or any other officer of court charged with taking over
custody of Licensee's assets or business shall have any right to continue
performance to exploit or in any way use the Licensed Assets if this Agreement
is terminated, except as may be required by law.

9.12. TERMINATION ON INSOLVENCY OF LICENSOR. Licensee may terminate this
Agreement, if a petition for relief under applicable bankruptcy law is filed by
or against Licensor, and is not dismissed within sixty (60) days of such filing,
if Licensor makes any assignment for the benefit of its creditors, or if a
receiver is appointed for Licensor for all or substantially all of its business
interests. In the event of such termination, Licensee shall have the right to
continue thereafter to import and/or sell any and all Licensed Assets which
Licensee has purchased, produced or committed to purchase prior to the date of
termination.

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IN WITNESS WHEREOF the parties have executed this Agreement as of the date set
forth above.

                                                American IDC Corp.

                                                By: /s/Gordon F. Lee
                                                Name: Gordon F. Lee
                                                Title: Chief Executive Officer

                                                ETV, Inc.

                                                By: /s/Alston Barnard
                                                Name: Alston Barnard
                                                Title: CFO

                                                Timeless Video, Inc.

                                                By: /s/Craig Sprout
                                                Name: Craig Sprout
                                                Title: President

                                                Digital Continuum, Inc.

                                                By: /s/Alston Barnard
                                                Name: Alston Barnard
                                                Title: President

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EXHIBIT A
---------

                                LICENSE AGREEMENT
                                -----------------

        The following agreement is made between ETV, Inc. ("ETV"), a California
corporation, with offices at 7033 Sunset Boulevard, Suite 318, Hollywood,
California 90028 and Timeless Video, Inc. a California corporation, with offices
at 10000 Canoga Avenue, Suite C-8, Chatsworth, California 91311 and Craig Sprout
("TVI/CS").

        WHEREAS, TVI/CS possesses a library of over ten thousand (10,000)
classic films and television programs (the "Library") and has the worldwide
rights for distribution, marketing and broadcasting such films and television
programs through all channels of distribution and in all media. (As used herein,
each individual film or television program shall be a "Title" and all Titles
collectively shall be the "Library").

        WHEREAS, ETV is in the business of marketing and distributing program
content for broadband television over the Internet.

        NOW, THEREFORE, the parties agree as follows:

1.      U.S. RIGHTS FOR BROADBAND DELIVERY OVER THE INTERNET. TVI/CS grants to
        ETV licensing rights for its library for the purpose of broadband
        delivery and reselling over the Internet. Such rights are limited to the
        United States.

2.      LIBRARY SELECTION. DUBBING AND/OR SUBTITLING. ETV may choose any or all
        of the Library for broadband delivery over the Internet in the U.S. ETV
        shall be responsible and pay for any dubbing and/or subtitling that may
        be required for the Titles chosen. When the dubbing and/or subtitling is
        completed, the foreign language versions of the titles shall be the
        Foreign Language Titles.

3.      DELIVERY TO ETV. TVI/CS shall deliver Titles selected from the Library
        to ETV in a mutually agreed upon format within thirty (30) days of
        selection in writing by ETV. 2.

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4.      FORMAT CONVERSION. All conversions from agreed upon formats shall be
        determined by ETV and the costs of any such conversion will be the
        responsibility of ETV.

5.      CONSIDERATION FROM ETV. ETV will issue to Craig Sprout a total five
        hundred thousand (500,000) shares of common stock of ETV, Inc. These
        shares are subject to dilution for future management employee options
        and for further capitalization or strategic relationships. In addition,
        Craig Sprout shall receive ten percent (10%) of the gross revenues
        received by ETV for downloads and/or subscription sales.

6.      HOLD HARMLESS FROM TVI/CS TO ETV. TVI/CS represents and warrants to ETV
        that it has full right and title to grant marketing and distribution
        rights under this Agreement to ETV and hereby agrees to indemnify and
        hold ETV harmless against any and all claims, losses and costs related
        to any claim by a third party that ETV is not entitled to the rights
        granted under this Agreement.

7.      ENTIRE AGREEMENT. This is the entire Agreement between the parties and
        any modifications must be in writing and executed by each of the
        parties.

8.      ARBITRATION. Any controversy or claim arising out of or relating to this
        Agreement, or the making, performance, or interpretation thereof, shall
        be settled by arbitration in Los Angeles, California, in accordance with
        the Rules of the American Arbitration Association then existing, and the
        judgment in arbitration may be entered in any court having jurisdiction
        thereto.

9.      ATTORNEYS' FEES. If any action at law or equity, including an action for
        declaratory relief, or any proceeding in arbitration, is brought to
        enforce or interpret the provisions of this Agreement, the successful or
        prevailing party shall be entitled to recover reasonable attorneys'
        fees, and other costs incurred in that action or proceeding which may be
        set by the court or the arbitration panel in the same action or any
        separate action brought for that purpose, in addition to any other
        relief to which such party may be entitled.

10.      GOVERNING LAW. This Agreement shall be governed by, interpreted under,
         and construed in accordance with the laws of the State of California.

Dated: APRIL 5, 2004

TIMELESS VIDEO, INC. a California corporation

By: /S/CRAIG SPROUT                     ETV, INC.
    ---------------                     a California corporation
       Craig Sprout
       President
                                        By: /S/ALSTON BARNARD
CRAIG SPROUT                                -----------------
                                               Alston Barnard
By: /S/CRAIG SPROUT                            President/CEO
    ---------------
       Craig Sprout

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EXHIBIT B
---------

                                LICENSE AGREEMENT
                                -----------------

        The following agreement is made between ETV, Inc. ("ETV"), a California
corporation, with offices at 7033 Sunset Boulevard, Suite 318, Hollywood,
California 90028 and Digital Continuum, Inc. ("DCI"), a California corporation,
with offices at 7033 Sunset Boulevard, Hollywood, CA 90028.

        WHEREAS, DCI owns as its exclusive property a digital technology
solution for encoding, encrypting, and broadcasting over the Internet, including
its proprietary Digital Continuum software, which is capable of delivering
content digitally over 24/7 Internet Broadband Channels.

        WHEREAS, ETV is in the business of aggregating, marketing and
distributing program content for broadband television over the Internet.

        NOW, THEREFORE, the parties agree as follows:

1.      U.S. RIGHTS FOR BROADBAND DELIVERY OVER THE INTERNET. DCI grants to ETV
        the exclusive rights to use its digital technology solution for the
        purpose of broadband delivery over the Internet to the U.S. market. Such
        rights are limited to the United States.

2.      CONSIDERATION FROM ETV. ETV shall pay to DCI a mutually agreed upon sum
        of money for the use of its digital technology solution for the purpose
        of distributing content over Internet Broadband channels. Such sum shall
        not be less than twenty thousand dollars ($20,000) per separate
        broadband channel used. Such sum shall be payable to DCI from ETV within
        sixty (60) days of receipt of invoice.

3.      DISTRIBUTION RIGHTS FOR DCI TECHNOLOGY. ETV shall act as a non-exclusive
        distributor for DCI technology, including hardware and software, and
        shall receive a commission of twenty percent (20%) of the net selling
        price on any and all sales of such technology generated by ETV. Sales
        will be invoiced by ETV and the net total of each sale, less twenty
        percent (20%), shall be paid within sixty (60) days to DCI from ETV.

4.      HOLD HARMLESS FROM DCI TO ETV. DCI represents and warrants to PTV that
        it has fall right and title to the digital technology solution under
        this Agreement with ETV and hereby agrees to indemnify and hold ETV
        harmless against any and all claims, losses and costs related to any
        claim by a third party that ETV is not entitled to the rights granted
        under this Agreement.

<PAGE>

5.      ENTIRE AGREEMENT. This is the entire Agreement between the parties and
        any modifications must be in writing and executed by each of the parties

6.      ARBITRATION. Any controversy or claim arising out of or relating to this
        Agreement, or the making, performance, or interpretation thereof; shall
        be settled by arbitration in Los Angeles, California, in accordance with
        the Rules of the American Arbitration Association then existing, and the
        judgment in arbitration may be entered in any court having jurisdiction
        thereto.

7.      ATTORNEYS' FEES. If any action at law or equity, including an action for
        declaratory relief; or any proceeding in arbitration, is brought to
        enforce or interpret the provisions of this Agreement, the successful or
        prevailing party shall be entitled to recover reasonable attorneys'
        fees, and other costs incurred in that action or proceeding which may be
        set by the court or the arbitration panel in the same action or any
        separate action brought for that purpose, in addition to any other
        relief to which such party may be entitled.

8.      GOVERNING LAW. This Agreement shall be governed by, interpreted under,
        and construed in accordance with the laws of the State of California.

Dated                 April 5, 2004
------------------------------------------

Digital Continuum, Inc.                          ETV, INC.
a California corporation                         a California corporation

By: /S/ ALSTON BARNARD                           /S/ALSTON BARNARD
    --------------------------                   -----------------------------
President                                        Alston Barnard
                                                 President/CEO

                                                 /S/ GARRY LAWSON
                                                 -----------------------------
                                                 Garry Lawson
                                                 SecretaryExhibit 10.1
                       EMPLOYMENT AGREEMENT

     THIS AGREEMENT (the "Agreement") is being made as of the  28th day of
April 2004 between BROADCAST INTERNATIONAL, INC., a Utah corporation (the
"Company"), having its principal offices at 7050 Union Park Center, Suite 600,
Midvale, Utah and Rodney M. Tiede, President & CEO, residing at 2433 E. High
Mountain Road, Sandy, Utah 84093.

                           WITNESSSETH:

     WHEREAS, the Company desires to continue the employment of the Executive
and the Executive desires to be employed by the Company as President and CEO
upon the terms and conditions contained herein.

     NOW, THEREFORE, in consideration of the mutual premises and agreements
contained herein, and intending to be legally bound hereby, the parties hereto
agree as follows:

     1.   Nature of Employment; Term Agreement.  The Company hereby employs
the Executive and the Executive agrees to serve the Company as its President,
CEO, upon the terms and conditions contained herein, for a term commencing as
of the date hereof and continuing until December 31, 2006 (the "Employment
Term"); provided, however, that unless either the Company or the Executive
gives notice that it or he desires to terminate this Agreement at least sixty
(60) days prior to the date of its termination, this Agreement (including this
Section 1) shall automatically be renewed for additional successive periods of
one (1) year.

     2.  Duties and Powers as Employee.

         (a) During the Employment Term, the Executive shall be employed by
the Company as its President and CEO.  The Executive agrees to devote such
time and efforts to the performance of his duties under this Agreement as
shall be reasonably necessary.  In the performance of his duties, the
Executive shall be subject to the direction of the Board of Directors of the
Company.   The Executive shall be available to travel as the needs of the
business require.

         (b) During the Employment Term, the Executive shall be nominated to
be a director of the Company.

     3.  Compensation

         (a) As compensation for his services hereunder, the Company shall pay
the Executive, during the Employment term, a base salary (the "Base Salary")
payable in equal semi-monthly installments at the annual rate of $120,000 for
the year ended December 31, 2004, subject to such increases as the Board of
Directors may approve.  Additionally, the Executive shall participate in the
present and future employee benefit plans of the Company provided that he
meets the eligibility requirements thereof.

         (b) In addition to the Base Salary provided herein, the Executive
shall receive as a performance bonus payment (a "Bonus"), on an annual basis,
a sum equal to up to 100% of the Executive's Base Salary for the fiscal year
then ended.  The exact percentage shall be determined in the absolute sole
discretion of the Compensation Committee of the Board of Directors of the
Company based upon an evaluation of the performance of the Executive and the
Company during the previous fiscal year.  The Bonus shall be paid to the
Executive within ninety (90) days after the end of the Company's fiscal year
notwithstanding that such date may be after the expiration of the Employment
Term.

         (c) In addition, the Company shall request that the Stock Option
Committee of the Board of Directors of the Company issue the Executive
incentive stock options ("Options") to acquire 50,000 shares of common stock
of the Company effective as of the date hereof.  The Options shall have an
exercise price equal to the fair market value on the trading day preceding the
date of grant, and shall vest in equal installments over three years, subject
to earlier vesting as described in this Agreement and in the Company's Stock
Option Plan.  It is also anticipated that the Executive will be granted
additional options effective annually as shall be determined in the absolute
sole discretion of the Compensation Committee of the Board of Directors of the
Company.

     4.  Expenses; Vacations.  The Executive shall be entitled to
reimbursement for reasonable travel and other out-of-pocket expenses
necessarily incurred in the performance of his duties hereunder, upon
submission and approval of written statements and bills in accordance with the
then regular procedures of the Company.  The Executive shall be entitled to
reasonable vacation time in accordance with then regular procedures of the
Company governing executives as determined from time to time by the Company's
Board of Directors but in no event less than twenty-five days per year.

     5.  Representations and Warranties of Employee.  The Executive represents
and warrants to the Company that (a) he is under no contractual or other
restriction or obligation which is inconsistent with the execution of this
Agreement, the performance of his duties hereunder, or the other rights of the
Company hereunder; and (b) he is under no physical or mental disability that
would hinder his performance of duties under this Agreement.

     6.  Non-Competition.  The Executive agrees that he will not (a) during
the period he is employed under this Agreement engaged in, or otherwise
directly or indirectly be employed by, or act as a consultant or lender to, be
a director, officer, employee, owner, or partner of, any other business or
organization that he or  it shall then be competing with the Company, and (b)
for a period of two (2) years after he ceases to be employed by the Company
under this Agreement, directly or indirectly compete with or be engaged in the
same business as the Company, or be employed by, or act as consultant or
lender to, or be a director, officer, employee, owner, or partner of, any
business or organization which at the time of such cessation, competes with or
is engaged in the same business as the Company, except that in each case the
provisions of this Section 6 will not be deemed breached merely because the
Executive owns not more than five percent (5.0%) of the outstanding common
stock of a corporation, if, at the time of its acquisition by the Executive,
such stock is listed on a national securities exchange, is reported on NASDAQ,
or is regularly traded in the over-the-counter market by a member of national
securities exchange.

     7.  Confidential Information.  All confidential information which the
Executive may now possess, may obtain during the Employment Term, or may
create prior to the end of the period he is employed by the Company under this
Agreement, relating to the business of the Company or of any customer or
supplier of the Company shall not be published, disclosed, or made accessible
by him to any other person, form, or corporation during the Employment Term or
any time thereafter without the prior written consent of the Company.  The
Executive shall return all tangible evidence of such confidential information
to the Company prior to or at the termination of his employment.

     8.  Termination.

         (a) Notwithstanding anything herein contained, if on or after the
date hereof and prior to the end of the Employment Term, the Executive is
terminated "For Cause" (as defined below) then the Company shall have the
right to give notice of termination of Employee's services hereunder as of a
date to be specified in such notice, and this Agreement shall terminate on the
date so specified in such notice.  Termination "For Cause" shall mean the
Executive shall (i) be convicted of a felony crime, (ii) commit any act or
omit to take any action in bad faith and to the detriment of the Company,
(iii) commit an act of moral turpitude, (iv) commit an act of fraud against
the Company, or (v) materially breach any term of this Agreement and fail to
correct such breach within thirty (30) days after commission thereof.

         (b) In the event the Executive shall be physically or mentally
incapacitated or disabled or otherwise unable fully to discharge his duties
hereunder for a period of six months, then this Agreement shall terminate upon
90 days' written notice to the Executive, and no further compensation shall be
payable to the Executive, except as may otherwise be provided hereunder any
disability insurance policy.

         (c) In the event that the Executive shall die, then this Agreement
shall terminate on the date of the Executive's death, and no further
compensation shall be payable to the Executive, except as may otherwise be
provided under any insurance policy or similar instrument.

         (d) In the event that this Agreement is terminated "For Cause"
pursuant to Section 8 (a), then the Executive shall be entitled to receive
only his Base Salary at the rate provided in Section 3 to the date on which
termination shall take effect.

         (e) In the event this Agreement is terminated by the Company other
than for the reasons set forth in Section 8 (a) or 8 (b) or upon a Section 9
event, the Executive shall be entitled to receive severance pay consisting of
a lump sum distribution (with no present value adjustment) equal to the Base
Salary at the rate provided in Section 3 plus the Bonus (fixed at the rate of
50% of such Base Salary) for the greater of (i) two (2) years, notwithstanding
that such two-year period might extend beyond the Employment Term or (ii) the
remainder of the Employment Term.  In such case any of the Executive's issued
but unvested options (including the Options described in this Agreement) shall
vest immediately upon such termination.  In addition, in such case the two (2)
year period described in Section 6 (b) of this Agreement shall be reduced to
one (1) year.

         (f) Nothing contained in this Section 8 shall be deemed to limit any
other right the Company may have to terminate Employee's employment hereunder
upon any ground permitted by law.

     9.  Change of Control.

     In the event of a future disposition of (or including) the properties and
business of the Company, substantially as an entirety, by merger,
consolidation, sales of assets, or otherwise, the Company shall assign this
letter and all of its rights and obligations hereunder to the acquiring or
surviving corporation and such corporation shall assume in writing all of the
obligations of the Company, and the Company (in the event and so long as it
remains in business as an independent going enterprise) shall remain liable
for the performance of its obligations hereunder in the event of an
unjustified failure of the acquiring corporation to perform its obligations
under this agreement.

     Notwithstanding the foregoing, in any such event, or in the event of the
acquisition by any person, or group of persons acting in concert,  of shares
of capital stock of the Company enabling such person or person to cast 20% or
more of the votes entitled to be voted at any meeting to elect directors (each
such event of  disposition or acquisition of stock being hereinafter referred
to as a "Section 9 Event"), the Executive or the Company shall have the right
to terminate this Agreement by written notice given within six (6) months of
the date (the "Section 9 Date") of such Section 9 Event.  Upon such
termination, the Executive shall receive severance pay consisting of a single
lump sum distribution (with no present value adjustment) equal to the Base
Salary as provided in Section 3 plus Bonus (fixed at the rate of 50% of such
Base Salary) for the greater of (i) two (2) years, notwithstanding that such
two-year period might extend beyond the Employment Term or (ii) the remainder
of the Employment Term.  Upon such Section 9 Event, any of the Executive's
issued but unvested options (including the options described in this
Agreement) shall vest immediately upon such Section 9 event.  In addition,
upon a Section 9 Event in which the shareholders of the Company exchange their
shares for stock of any other company or other consideration,  the Executive
shall receive an amount equal to the per share price paid to the stockholders
of the Company less the Pre-Announcement Price multiplied by 50,000

     10. Survival.  The covenant, agreements, representations, and warranties
contained in or made pursuant to this Agreement shall survive the Executive's
termination of employment, irrespective of any investigation made by or on
behalf of any party.

     11. Modification.  This Agreement sets forth the entire understanding of
the parties with respect to the subject matter hereof, supersedes all existing
agreements between them concerning such subject matter, and may be modified
only by a written instrument duly executed by each party.

     12. Notices.  Any notice or other communication required or permitted to
be given hereunder shall be in writing and shall be mailed by certified mail,
return receipt requested, or delivered against receipt to the party to whom it
is to be given at the address of such party set forth in the preamble to this
Agreement (or to such other address as the party shall have furnished in
writing in accordance with the provisions of this Section 12).  In the case of
a notice to the Company, a copy of such notice (which copy shall not
constitute notice) shall be delivered to Reed L. Benson,  Secretary and
General Counsel.  Notice to the estate of the Executive shall be sufficient if
addressed to the Executive provided in this Section 12.  Any notice or other
communication given by certified mail shall be deemed sufficient if given at
the time of certification thereof.

     13. Binding Agreement; Benefit.  The provisions of this Agreement will be
binding upon, and will inure to the benefit of, the respective heirs, legal
representatives and successors of the parties hereof.

     14. This Agreement will be governed by, and construed and enforced in
accordance with, the laws of the State of Utah.

     15. Other.  The waiver by any party of a breach of any provision of this
Agreement must be in writing and shall not operate or be construed as a waiver
of any subsequent breach by such other party.

     This Agreement contacts the entire agreement between the parties with
respect to the subject matter hereof and supercedes all prior agreements or
understandings among the parties with respect thereto.  This Agreement may be
amended only by an agreement in writing signed by the parties hereto.

     The section headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of
this Agreement.

     Any provision of this Agreement that is prohibited or enforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining
provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in
any other jurisdiction.

     This Agreement is personal in its nature and the parties hereto shall
not, without the consent of the other, assign or transfer this Agreement or
any rights or obligations hereunder; provided, however, that the Company may
assign its rights and obligations under this agreement to any subsidiary or
affiliate of the Company and the provisions hereof shall inure to the benefit
of, and be binding upon each successor of the Company, whether by merger,
consolidation, transfer or all or substantially all of its assets, or
otherwise.

     IN WITNESS WHEREOF, the parties have duly executed this agreement as of
the date first above written.

"Executive"                                  "Company"

/s/Rodney M. Tiede                     by:   /s/ Reed L. Benson
-------------------------------            -------------------------
                                       its:  General Council

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