Document:

<PAGE>

                                                                    Exhibit 10.2

                              CONSULTING AGREEMENT

            THIS CONSULTING AGREEMENT ("Agreement") is made and entered into as
of the 8th day of May, 2000 by and between STEPHEN W. ELLIS ("Consultant"), and
HOTJOBS.COM, LTD. ("Company). Consultant and Company may sometimes hereinafter
be referred to individually as a "party" or jointly as the "parties".

                              W I T N E S S E T H:

            WHEREAS, Company desires to retain Consultant's services on a
temporary basis for the purpose of assisting Company in providing certain
strategic and other services; and

            WHEREAS, Consultant is willing to provide such services to Company;

            NOW, THEREFORE, in consideration of the mutual promises and
obligations specified in this Agreement, and any compensation paid to Consultant
for services hereunder, and intending to be legally bound hereby, the parties
agree as follows:

I.    SCOPE OF SERVICES

A. SCOPE OF SERVICES. Consultant agrees to render consulting services
("Services") to the Company for the term of this Agreement. The Services shall
be as set forth in EXHIBIT A hereto and such other services as the Company may
from time to time prescribe. Consultant also agrees to submit to the Company, in
written form, any results of Consultant's work under this Agreement ("Results")
and all documentation of work performed under this Agreement upon request by the
Company's CEO and in a timely manner.

B. PAYMENT. Consultant shall be paid bi-weekly at a rate of Two Hundred Thousand
Dollars ($200,000.00) per year.

II. TERM OF AGREEMENT. This Agreement shall commence on the date hereof and
continue in full force until it is terminated in accordance with Article V
hereof.

III. CONFIDENTIAL INFORMATION. Company may disclose or may have previously
disclosed to Consultant or, or Consultant may obtain access to, develop, or
create, proprietary and confidential information or material concerning or
related to Company's products and/or services, or to Company's manufacturing
and/or marketing processes, servicing, existing products, or general business
operations. Such information or material may include, but is not limited to, the
discovery, invention, research, improvement, manufacture, or sale of the
products or services (including, without limitation, information created,
discovered or developed by Consultant, or made known to Consultant during the
term of this Agreement or arising out of Consultant's performance of the
Services hereunder), or Company's trade secrets, processes, formulas, data,
know-how, software, documentation, program files, flow/charts, drawings,
software diagnostic techniques and other techniques, source and object code,
standards, specifications, improvements, inventions, customer information,
accounting data, statistical data, research projects, development and marketing
plans, strategies, forecasts, computer programs, customer lists, sales, costs,
profits, and pricing methods and organizations, employee lists and

<PAGE>

compensation plans (collectively, the "Information"). Consultant acknowledges
the confidential and secret character of the Information and agrees that the
Information is the sole, exclusive, and extremely valuable property of Company
and/or Client. Accordingly, Consultant agrees that he will not to reproduce any
of the Information without Company's prior written consent, or use the
Information except in the ordinary course of performance of this Agreement, or
divulge all or any part of the Information to any third party, either during or
after the term of this Agreement.

A. PERMITTED DISCLOSURE. Confidential Information shall not include any
information to the extent such information is generally known to the public
through no disclosure or other act or omission, direct or indirect, of
Consultant. Information shall not be deemed to be available to the general
public for the purposes of this Agreement (a) merely because it is embraced by
more general information in the prior possession of Consultant or of others, or
(b) merely because it is expressed in public literature in general terms not
specifically in accordance with the Information.

B. INJUNCTIVE RELIEF. Consultant expressly agrees that the covenants set forth
in Article III are reasonable and necessary to protect the Company and its
legitimate business interests, and to prevent the unauthorized dissemination of
confidential Information to competitors of the Company. Consultant also agrees
that the Company will be irreparably harmed and that damages alone cannot
adequately compensate the Company if there is a violation of Article III by
Consultant, and that injunctive relief against Consultant is essential for the
protection of the Company. Therefore, in the event of any such breach, it is
agreed that, in addition to any other remedies available, the Company shall be
entitled as a matter of right to injunctive relief in any court of competent
jurisdiction, plus reasonable attorneys' fees actually incurred for the securing
of such relief.

IV.   INVENTIONS, COPYRIGHTS, ETC.

A. RIGHTS IN INVENTIONS. All inventions, discoveries, developments, and
improvements made, conceived or reduced to practice by Consultant under or
arising out of this Agreement ("Inventions") shall, whether or not such
Inventions are patentable or copyrightable or made or conceived or reduced to
practice or learned by Consultant either alone or jointly with others, become
and remain the sole and exclusive property of Company. Consultant shall
immediately notify Company in writing of, and provide detailed information
concerning all such Inventions, and hereby transfers and assigns all of its
rights, title, and interests in and to any such Inventions to Company,
irrespective of whether or not any patent application is, or has been, filed for
such Inventions. During and after the term of this Agreement, Consultant shall,
at Company's request and Company's expense and through attorneys and
representatives designated by Company, assist Company in making applications for
Letters Patent in the United States and/or other countries for all such
Inventions. Consultant will take whatever steps are necessary to have assigned
to Company all such applications, and to protect Company's rights and vest in
Company all rights, title, and interests in and to the Inventions and such
Letters Patent.

B. COPYRIGHTS. Consultant hereby assigns to Company all of his rights, title,
and interests in and to all copyrights on all writings, documents, reports,
papers, drawings, tabulations, books, computer programs, and other works written
or made by Consultant under or

                                       2
<PAGE>

arising out of this Agreement ("Material"). All Materials developed by
Consultant under this Agreement are to be considered works made for hire as that
term is defined in Section 101 of the Copyright Act (17 U.S.C. ss. 101) and are
the sole and exclusive property of Company. To the extent that any such works
may not be considered works made for hire for Company under applicable law,
Consultant hereby assigns to Company and, upon their creation, will
automatically assign to Company the ownership of such works, including copyright
interests and any other intellectual property therein, without the necessity of
any further consideration. Any assignment of copyright hereunder includes all
rights of paternity, integrity, disclosure and withdrawal and any other rights
that may be known as or referred to as "moral rights" (collectively "Moral
Rights"). To the extent such Moral Rights cannot be assigned under applicable
law and to the extent the following is allowed by the laws in the various
countries where Moral Rights exist, Consultant hereby waives such Moral Rights
and consents to any action of the Company that would violate such Moral Rights
in the absence of such consent. Consultant will confirm any such waivers and
consents from time to time as requested by the Company.

C. ATTORNEY-IN-FACT. In the event, following reasonable efforts by the Company,
that Company is unable for any reason whatsoever to secure Consultant's
signature to any lawful and necessary document required to apply for or execute
any Letters Patent or other application with respect to such an Invention
(including renewals, extensions, continuations, divisions, or continuations in
part of any Inventions), Consultant hereby irrevocably designates and appoints
Company and its duly authorized officers and agents as Consultant's agents and
attorneys-in-fact to act for and in Consultant's behalf and to execute and file
any such Letters Patent and applications and to do all other lawfully permitted
acts to further the prosecution of the application with the same legal force and
effect as if executed by Consultant.

D. PRIOR INVENTIONS. Consultant has attached hereto as SCHEDULE B a complete
list of all existing Inventions to which Consultant claims ownership as of the
date of this Agreement and that Consultant desires to specifically clarify are
not subject to this Agreement, and Consultant acknowledges and agrees that such
list is complete. If no such list is attached to this Agreement, Consultant
represents that Consultant has no such Inventions at the time of signing this
Agreement. If any rights or Inventions assigned hereunder or any Results are
based on, or incorporate, or are improvements or derivatives of, or cannot be
reasonably made, used, reproduced and distributed without using or violating
technology or rights owned or licensed by Consultant and not assigned hereunder,
Consultant hereby grants the Company a perpetual, worldwide royalty-free,
non-exclusive sublicensable right and license to exploit and exercise all such
technology and rights in support of the Company's exercise or exploitation of
any Results or assigned rights or Inventions (including any modifications,
improvements and derivatives thereof).

V.    TERMINATION

A. Consultant agrees that this Agreement shall have a term of three (3) months,
which period shall terminate on August 8, 2000, unless Consultant and Company
agree that such period shall be extended.

B. Company may terminate this Agreement immediately without further payment to

                                       3
<PAGE>

Consultant if:

   1. Consultant materially breaches any provision of this Agreement;

   2. Consultant does not satisfactorily perform the Services agreed upon in
this Agreement; and

   3. Consultant commits, attempts to commit, engages in or conspires to commit
any crime or act involving fraud, misrepresentation or gross misconduct against
the Company.

C. Upon any termination under this Article V, Consultant will immediately stop
performing all Services unless otherwise directed by Company in writing.

VI.   INDEPENDENT CONTRACTOR

A. Nothing herein contained shall be deemed to create an agency, joint venture,
partnership or franchise relationship between the parties hereto. Consultant
acknowledges that he is an independent contractor, and not an agent or employee
of the Company and is not entitled to any Company employment rights or benefits
and is not authorized to act on behalf of Company. Consultant shall be solely
responsible for any and all tax obligations of Consultant, including but not
limited to, all city, state and federal income taxes, social security
withholding tax and other self employment tax incurred by Consultant. Company
shall not dictate the work hours of Consultant during the term of this
Agreement. Anything herein to the contrary notwithstanding, the parties hereby
acknowledge and agree that Company shall have no right to control the manner,
means, or method by which Consultant performs the services called for by this
Agreement. Rather, Company shall be entitled only to direct Consultant with
respect to the elements of services to be performed by Consultant and the
results to be derived by Company, to inform Consultant as to where and when such
services shall be performed, and to review and assess the performance of such
services by Consultant for the limited purposes of assuring that such services
have been performed and confirming that such results were satisfactory.

      B. Consultant will devote substantially his full professional time and
attention to performing his obligations under this Agreement.

VII.  GENERAL

A. ASSIGNMENT. Company shall have the right to assign, delegate, or transfer at
any time, in whole or in part, any or all of the rights, duties, and interests
herein granted without the necessity of obtaining the consent of Consultant.
Consultant acknowledges that this is a personal service contract and agrees not
to assign any rights or delegate any duties hereunder without the prior written
consent of Company.

B. CONTROLLING LAW. This Agreement will be governed by those laws of the State
of New York.

C.    AMENDMENT.  Except as otherwise provided herein, this Agreement may be
modified, amended, or any provision waived only by a written instrument signed
by Consultant and the Company.

                                       4
<PAGE>

D. ENTIRE AGREEMENT. This Agreement and the Attachments hereto constitute the
entire agreement and set forth the entire understanding of the parties with
respect to the subject matter hereof, supersede all prior agreements, covenants,
arrangements, letters, communications, representations or warranties, whether
oral or written, by any officer, employee or representative of any party, and
may not be modified, amended or terminated by mutual consent except by a written
agreement specifically referring to this Agreement signed by the parties hereto
and any other party to be charged.

            IN WITNESS WHEREOF, the parties hereto, each acting under due and
proper authority, and each intending to be legally bound, have executed this
Agreement on the date and year first above written.

HOTJOBS.COM, LTD.:                       STEPHEN W. ELLIS:

By: /s/ Richard S. Johnson               By: /s/ Stephen W. Ellis
    ----------------------                  -------------------------
Name:  Richard S. Johnson                   Name: Stephen W. Ellis
Title:  President and CEO

                                       5
<PAGE>

                                   SCHEDULE A

                                  SCOPE OF WORK
                                  -------------

            Consultant shall provide the following services in accordance with
the terms and conditions of the Agreement dated of even date herewith by and
between Consultant and Company to which this Schedule A is attached:

   o  Integration of Resumix, Inc.

   o  Pursuing, negotiating and executing additional strategic initiatives; and

   o  Ensuring the smooth transition of Mr. Lowell Robinson into his role as
      CFO.
<PAGE>

                                   SCHEDULE B

HOTJOBS.COM, LTD.
406 W. 31ST STREET, 9TH FLOOR
NEW YORK, NY 10001

Ladies and Gentlemen:

            1. The following is a complete list of Inventions relevant to the
performance of consulting services for HotJobs.com, Ltd. (the "Company") that
have been made or conceived or first reduced to practice by me alone or jointly
with others prior to the execution of the Company's Consulting Services
Agreement (the "Agreement") that I desire to clarify are not subject to the
Agreement.

            No Inventions
-----

  X         See below
-----

            Additional sheets attached
-----

                                       /s/ Stephen W. Ellis
                                       -----------------------
                                       Stephen W. Ellis

Intellectual property developed on behalf of U.S. Medical Network, LLC.<PAGE>

                                                                 Exhibit 10.3

                                 PROMISSORY NOTE
                                 ---------------

$400,000                                                    New York, New York
                                                            May 15, 2000

      FOR VALUE RECEIVED, the undersigned, STEPHEN W. ELLIS ("Maker") and FSA
Capital, Inc., a Delaware corporation ("Co-Maker"), hereby jointly and severally
promise to pay to the order of HOTJOBS.COM, LTD., a Delaware corporation, or any
subsequent holder or holders ("Holder") of this Promissory Note (this "Note"),
at 406 West 31st Street, 9th Floor, New York, New York 10001, or at such other
place as Holder may from time to time designate in writing, the principal sum of
Four Hundred Thousand Dollars ($400,000), together with all accrued interest on
such outstanding balance, in accordance with the terms and provisions of this
Note.

1. PRINCIPAL AND INTEREST. Interest shall accrue on the unpaid principal balance
of this Note from and after the date of this Note at an annual rate equal to six
percent (6.0%), compounded monthly.

2. MATURITY. The entire unpaid principal balance of this Note, together with all
accrued interest thereon, consisting in the aggregate of Four hundred
twenty-four thousand six hundred seventy-one dollars and 12/100 ($424,671.12),
shall be due and payable in full on May 15, 2001 (the "Maturity Date").

3. PAYMENTS. All payments by Maker or Co-Maker hereunder shall be applied (i)
first to any amount due Holder pursuant to Paragraph 8 of this Note, (ii) then
to the interest due and unpaid under this Note, and (iii) thereafter, to any
principal owing under this Note.

4. PREPAYMENT. Maker or Co-Maker shall have the right to prepay, in part or in
full, without penalty, this Note (together with all accrued interest to the date
of prepayment on the amount of principal thus prepaid) at any time or times.

5. WAIVER REGARDING NOTICE. Maker and Co-Maker waive presentment, demand and
presentation for payment, protest and notice of protest, and, except as
otherwise specifically provided herein, any other notices of whatever kind or
nature, bringing of suit and diligence in taking any action to collect any sums
owing hereunder. From time to time, without in any way affecting the obligation
of Maker or Co-Maker to pay the outstanding principal balance of this Note and
any interest accrued thereon and fully to observe and perform the covenants and
obligations of Maker and Co-Maker under this Note, without giving notice to, or
obtaining the consent of, Maker or Co-Maker, and without any liability
whatsoever on the part of Holder, Holder may, at its option, extend the time for
payment of interest hereon and/or principal of this Note, reduce the payments
hereunder, release anyone liable on this Note, accept a renewal of this Note,
join in any extension or subordination, or exercise any right or election
hereunder. No one or more of such actions shall constitute a novation or operate
to release Maker or Co-Maker.

<PAGE>

6. EVENT OF DEFAULT. It shall constitute an "Event of Default" hereunder (i) for
Maker or Co-Maker to fail to make any required payment of principal and/or
interest under this Note, or any other amount due and payable under this Note,
on or before the date on which such payment is due under this Note, or (ii) for
there to be an Event of Default under the Pledge and Security Agreement, dated
as of the date hereof, among the Maker and the Holder (the "Pledge Agreement").

7. REMEDIES. Upon the occurrence of an Event of Default, Holder shall have the
right to cause the entire unpaid principal balance, together with all accrued
interest thereon, reasonable attorneys' fees and all fees, charges, costs and
expenses, if any, owed by Maker or Co-Maker to Holder of this Note, to become
immediately due and payable in full by giving written notice to Maker or
Co-Maker. Upon the occurrence of an Event of Default, Holder may avail itself of
any legal or equitable rights which Holder may have at law or in equity or under
this Note, including, but not limited to, the right to accelerate the
indebtedness due under this Note as described in the preceding sentence. The
remedies of Holder of this Note as provided herein shall be distinct and
cumulative, and may be pursued singly, successively or together, at the sole
discretion of Holder, and may be exercised as often as occasion therefor shall
arise. Failure to exercise any of the foregoing options upon the occurrence of
an Event of Default shall not constitute a waiver of the right to exercise the
same or any other option at any subsequent time in respect to the same or any
other Event of Default, and no single or partial exercise of any right or remedy
shall preclude other or further exercise of the same or any other right or
remedy. Holder shall have no duty to exercise any or all of the rights and
remedies herein provided or contemplated. The acceptance by Holder of any
payment hereunder that is less than payment in full of all amounts due and
payable at the time of such payment shall not constitute a waiver of the right
to exercise any of the foregoing rights or remedies at that time, or nullify any
prior exercise of any such rights or remedies without the express written
consent of Holder.

8. EXPENSES OF COLLECTION. If this Note is referred to an attorney for
collection, whether or not suit has been filed or any other action instituted or
taken to enforce or collect under this Note, Maker or Co-Maker shall pay all of
Holder's costs, fees (including reasonable attorneys' fees) and expenses in
connection with such referral.

9. GOVERNING LAW. The provisions of this Note shall be governed and construed
according to the laws of the State of New York, without giving effect to its
conflicts of laws provisions, shall be binding upon Maker and Co-Maker, and
shall inure to the benefit of Holder.

10. SECURITY. Payment of the indebtedness evidenced by this Note is secured by
certain securities of Maker pledged to Holder pursuant to the Pledge Agreement.

11. NO WAIVER. Neither any course of dealing by Holder nor any failure or delay
on its part to exercise any right, power or privilege hereunder shall operate as
a waiver of any right or remedy of Holder hereunder unless said waiver is in
writing and signed by Holder, and then only to the extent specifically set forth
in said writing. A waiver as to one event shall not be construed as a continuing
waiver by Holder or as a bar to or waiver of any right or remedy by Holder as to
any subsequent event.

                                      -2-
<PAGE>

12. MODIFICATION. This Note may not be modified orally, but only by an
instrument in writing.

13.   NOTICES.

(a) All notices hereunder shall be in writing and shall either be hand
delivered, with receipt therefor, or sent by Federal Express or similar courier,
with receipt therefor, or by certified or registered mail, postage prepaid,
return receipt requested, as follows:

            If to Maker:  Stephen W. Ellis

                          ---------------------------

                          ---------------------------

                          ---------------------------

            If to Co-Maker: FSA Capital, Inc.

                          ---------------------------

                          ---------------------------

                          ---------------------------
                          Attn:  Stephen W. Ellis

            If to Holder: HotJobs.com, Ltd.
                          406 West 31st Street, 9th Floor
                          New York, NY 10001
                          Attn: General Counsel

Notices shall be effective when received.

(b) Any of the foregoing persons may change the address to which notices are to
be delivered to it hereunder by giving written notice to the others as provided
in this Paragraph 13.

14. CAPTIONS. The captions herein are for convenience of reference only and in
no way define or limit the scope or content of this Note or in any way affect
its provisions.

                                      -3-
<PAGE>

      IN WITNESS WHEREOF, Maker and Co-Maker have executed this Promissory Note
on this 15th day of May, 2000.

WITNESS:                                  MAKER:
                                          ------

/s/ Richard S. Johnson                    /s/ Stephen W. Ellis
-----------------------                   ----------------------
                                          Stephen W. Ellis

                                          CO-MAKER
                                          --------

                                    FOR:  FSA Capital, Inc.

                                    By:  /s/ Stephen W. Ellis
                                         --------------------------
                                          Name:  Stephen W. Ellis
                                          Title:    President

                                      -4-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}]]