Document:

Exhibit 10.17

                                LICENSE AGREEMENT

           This license agreement (hereinafter "Agreement") is made effective as
of the latter of the signature dates below written (hereinafter the "Effective
Date") by and between American Motorcyclist Association, an Ohio corporation,
with its offices at 1315 Yarmouth Drive, Pickerington, Ohio 43147 ("LICENSOR"),
and Execute Sports, with its principal place of business at 23121 Arroyo Vista,
Suite B, Rancho Santa Margarita, CA 92688 ("LICENSEE").

 Recitals

           WHEREAS, LICENSOR is the owner of the trademarks and service marks
and associated applications and registrations thereof ("MARKS") listed in
Exhibit A for use in association with a motorcyclist association and
motorcyclist related services.

           WHEREAS, LICENSEE desires to obtain from LICENSOR a right and license
to use the MARKS in connection with number plates.

           WHEREAS, LICENSOR warrants that LICENSOR has full and exclusive right
to grant this license on these MARKS; and

           NOW, THEREFORE, in consideration of the mutual promises and covenants
herein contained, the parties hereto agree as follows:

 1. LICENSE GRANT

1.1 License Grant. Subject to the terms, conditions, and restrictions of this
Agreement, LICENSOR hereby grants to LICENSEE a non-exclusive, non-transferable
license for the term, to use the MARKS in connection with number plates.

2. OWNERSHIP

2.1 LICENSOR Rights. LICENSEE agrees that LICENSOR shall retain all ownership
rights in the MARKS, and LICENSEE agrees that it will not do anything
inconsistent with such ownership and that all use of the MARKS shall inure to
the benefit of LICENSOR. Nothing in this Agreement shall be interpreted as
giving LICENSEE any right, title, or interest in the MARKS other than the right
to use the MARKS in accordance with this Agreement. LICENSEE further agrees that
it will not challenge the validity of this Agreement or attack the title of
LICENSOR to the MARKS or otherwise disparage the MARKS or contest them in any
way. No license or other interest of any kind in such proprietary rights is
directly or indirectly granted to LICENSEE, except as specifically provided in
Section 1.1 above.

3. QUALITY STANDARDS

3.1 Quality Control. LICENSEE agrees that the nature and quality of all goods
sold, and all services rendered by LICENSEE under the MARKS, and all related
advertising and promotional uses of the MARKS, shall conform to the standards
set by, and be under the control of LICENSOR. LICENSOR has approved the use of
the MARKS on the Product to be manufactured, used, and sold by LICENSEE, a
sample of which is attached hereto as Exhibit B.

4. FORM OF USE

4.1 LICENSEE agrees to use the MARKS only in the form and manner and with
appropriate legends as prescribed by LICENSOR.
<PAGE>

5. PAYMENTS

5.1 Lump Sum and/or Royalty Fee Payments. As consideration for the initial term
of the license granted hereunder, LICENSEE agrees to pay LICENSOR a one-time
lump sum payment of $250 and royalty fees of 6% of the LICENSEE's gross sales in
excess of $1,000 of products bearing the MARKS either directly or indirectly,
such as on packaging for the products. LICENSOR shall have the right to retain
an independent service to review the financial records of LICENSEE as it relates
to use of the MARKS. The royalty fees shall accrue and be charged throughout the
term and shall be paid as follows: Not later than thirty (30) days after the end
of each of LICENSEE's calendar quarter, LICENSEE shall pay to LICENSOR the total
amount of royalty fee due for the quarter just ended.

6. TERM AND TERMINATION

6.1 Term of License. This license shall become effective on the Effective Date
of this Agreement, shall continue in force and effect for one (1) year or until
the Agreement between the parties is terminated, whichever is earlier, and shall
not otherwise terminate unless in accordance with the provisions of this section
6.

6.2 Renewal. LICENSOR, in its sole discretion, with or without cause, may refuse
to renew the license at the end of any one (1) year term under the same or
different terms, as LICENSOR so desires. Both parties evidencing intent to renew
must sign a renewal notice or no renewal shall have occurred. If no other terms
are adopted upon renewal, then the same terms herein shall apply.

6.3 Termination. Either party may terminate this Agreement upon sixty (60) days
prior written notice to the other party if a Default, as defined below, by the
other party has occurred and is continuing. The term "Default" shall mean any of
the following: (a) failure by a party to comply with or perform any provision or
condition of this Agreement and continuance of such failure for thirty (30) days
after written notice thereof to such party; or (b) a party becomes insolvent, is
unable to pay its debts as they mature or is the subject of a petition in
bankruptcy, whether voluntary or involuntary, or of any other proceeding under
bankruptcy, insolvency or similar laws; or makes an assignment for the benefit
of creditors; or is named in, or its property is subject to a suit for
appointment of a receiver; or is dissolved or liquidated, or (c) LICENSEE
commits any act that does or may bring harm to the MARKS. In the event of such
termination, the non-defaulting party shall be entitled to pursue any remedy
provided in law or equity, including injunctive relief and the right to recover
any damages it may have suffered by reason of such Default. Upon termination of
this Agreement, LICENSEE shall immediately terminate all use of the MARKS.

6.4 Ceasing of Operations. In the event that LICENSEE ceases operations, all
rights acquired by the LICENSEE hereunder shall terminate.

6.5 Rights Upon Termination. If this Agreement is terminated, then all of
LICENSEE'S rights and licenses with respect to the MARKS shall terminate and
LICENSEE shall immediately discontinue all use of the MARKS and, at LICENSOR'S
sole discretion, shall either destroy or deliver to LICENSOR any unsold
inventory of products bearing the MARKS.

7. GENERAL

7.1 Governing Law. This Agreement shall be governed by and interpreted in
accordance with the laws of the State of Ohio, without reference to conflict of
law principles.

7.2 Partial Invalidity. If any provision in this Agreement shall be found or be
held invalid or unenforceable in any jurisdiction in which this Agreement is
being performed, then the meaning of said provision shall be construed, to the
extent feasible, so as to render the provision enforceable, and if no feasible
interpretation would save such provision, it shall be severed from the remainder
of this Agreement, which shall remain in full force and effect. In such event,
the parties shall negotiate, in good faith, a substitute, valid and enforceable
provision, which most nearly effects the parties' intent in entering into this
Agreement.
<PAGE>

7.3 Modification. Except as otherwise herein stated, no alteration, amendment,
waiver, cancellation or any other change in any term or condition of this
Agreement shall be valid or binding on either party unless the same shall have
been mutually assented to in writing by both parties.

7.4 Waiver. The failure of either party to enforce at any time any of the
provisions of this Agreement, or the failure to require at any time the
performance by the other party of any of the provisions of this Agreement, shall
in no way be construed as a present or future waiver of such provisions, nor in
any way affect the right of either party to enforce each and every such
provision thereafter. The express waiver by either party of any provision,
condition or requirement of this Agreement shall not constitute a waiver of any
future obligation to comply with such provision, condition or requirement.

7.5 Assignment. This Agreement shall be binding upon and inure to the benefit of
the 3 parties hereto and their respective successors and assigns. LICENSEE shall
not assign any of its rights, obligations or privileges (by operation of law or
otherwise) hereunder without the prior written consent of LICENSOR, which shall
not be unreasonably withheld. LICENSOR shall have the right to assign its
rights, obligations and privileges hereunder to an assignee that agrees in
writing to be bound by the terms and conditions of this Agreement.

7.6 Force Majeure. Notwithstanding anything else in this Agreement, and except
for the obligation to pay money, no default, delay or failure to perform on the
part of either party shall be considered a breach of this Agreement if such
default, delay or failure to perform is shown to be due to causes such as
strikes, lockouts or other labor disputes, riots, civil disturbances, actions or
inactions of governmental authorities, or epidemics, war, embargoes, severe
weather, fire, earthquakes, acts of God or the public enemy, nuclear disasters,
or default of a common carrier; provided, that for the duration of such force
majeure the party charged with such default must continue to use all reasonable
efforts to overcome such force majeure.

7.7 Notices. Any notice required or permitted to be given by either party under
this Agreement shall be in writing and shall be personally delivered or sent by
certified or registered letter or by a national overnight courier-signature upon
receipt required, to the other party at its address first set forth above, or
such new address as may from time to time be supplied hereunder by the parties
hereto. If mailed, such notices will be deemed effective three (3) working days
after deposit, postage prepaid, in the mail.

7.8 Entire Agreement. The terms, conditions and exhibits herein contained
constitute the entire Agreement between the parties and supersede all previous
agreements and understandings, whether oral or written, between the parties
hereto with respect to the subject matter hereof.

7.9 Enforcement. LICENSEE and LICENSOR agree that money damages would be
inadequate compensation to LICENSOR in the event LICENSEE breaches any provision
of this Agreement. Accordingly, all the provisions of this Agreement shall be
specifically enforceable against LICENSEE, and LICENSOR shall be entitled, in
addition to other available remedies, to an injunction against LICENSEE for a
breach of any provision of this Agreement.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed
below by their respective duly authorized officers or representatives.

"LICENSOR" AMERICAN MOTORCYCLIST                 "LICENSEE"

ASSOCIATION

By: /s/ Robert Rasor                             By: /s/ Don Dallape
    -----------------                                -----------------
Print Name: Robert Rasor                         Print Name: Donald Dallape
            -------------------                              --------------
Title: President                                 Title: President
       ------------------------                         ------------------------
Date: March 21, 2003                             Date: 03/24/03
      ---------------                                  --------
<PAGE>

                                    EXHIBIT A

U.S. TRADEMARK/SERVICE MARK REGISTRATIONS BEING LICENSED

Mark                               Registration No.               Reg. Date
----                               -----------------              ---------

AMA and design                     1070002
AMA Pro Racing                     2649508,2559805,2002-9976
AMA Motocross                      78/103854

              FOREIGN TRADEMARKS/SERVICE MARKS REGISTRATIONS BEING

                                    LICENSED

Mark                    Country              Registration Number(s)
--------------------------------------------------------------------------------

AMA and design          Japan                4146195, 4119516, 3231091
AMA Pro Racing                               2649508, 2559805, 2002-9976
<PAGE>

                                    EXHIBIT B

 Attach sample use of MARKS here.

                             [3 PICTURES OMITTED ]

                              [ MOTORCYCLE LOGO ]

                   [ AMERICAN MOTORCYCLIST ASSOCIATION LOGO ]

                            [ AMA PRO RACING LOGO ]Exhibit 10.18

The following people will execute Indemnity Agreements in substantially the same
form as the Form of Indemnity Agreement filed herewith:

     1. Don Dallape;

     2. Scott Swendener;

     3. Gino Apicella;

     4. Sheryl Gardner;

     5. Todd M. Pitcher; and

     6. Craig Washington.

                           FORM OF INDEMNITY AGREEMENT

     This Agreement made and entered into as of this 1st day of May, 2005 by and
between Execute Sports, Inc., a Nevada corporation (the "Company"), and
__________________ ("Indemnitee"), who is currently serving the Company in the
capacity of a director and/or officer thereof;

                              W I T N E S S E T H:

     WHEREAS, the Company and Indemnitee recognize that the interpretation of
ambiguous statutes, regulations and court opinions and of the Certificate of
Incorporation and Bylaws of the Company, and the vagaries of public policy, are
too uncertain to provide the directors and officers of the Company with adequate
or reliable advance knowledge or guidance with respect to the legal risks and
potential liabilities to which they become personally exposed as a result of
performing their duties in good faith for the Company; and

     WHEREAS, the Company and the Indemnitee are aware that highly experienced
and capable persons are often reluctant to serve as directors or officers of a
corporation unless they are protected to the fullest extent permitted by law by
comprehensive insurance or indemnification, especially since the legal risks and
potential liabilities, and the very threat thereof, associated with lawsuits
filed against the officers and directors of a corporation, and the resultant
substantial time, expense, harassment, ridicule, abuse and anxiety spent and
endured in defending against such lawsuits, whether or not meritorious, bear no
reasonable or logical relationship to the amount of compensation received by the
directors or officers from the corporation; and

     WHEREAS, Section NRS 78.138 of the General Corporation Law of the State of
Nevada, which sets forth certain provisions relating to the mandatory and
permissive indemnification of, and advancement of expenses to, officers and
directors (among others) of a Delaware corporation by such corporation, is
specifically not exclusive of other rights to which those indemnified thereunder
may be entitled under any bylaw, agreement, vote of stockholders or
disinterested directors or otherwise, and, thus, does not by itself limit the
extent to which the Company may indemnify persons serving as its officers and
directors (among others); and

     WHEREAS, after due consideration and investigation of the terms and
provisions of this Agreement and the various other options available to the
Company and the Indemnitee in lieu thereof, the board of directors of the
Company has determined that the following Agreement is not only reasonable and
prudent but necessary to promote and ensure the best interests of the Company
and its stockholders; and
<PAGE>

     WHEREAS, the Company desires to have Indemnitee serve or continue to serve
as an officer and/or director of the Company, free from undue concern for
unpredictable, inappropriate or unreasonable legal risks and personal
liabilities by reason of his acting in good faith in the performance of his duty
to the Company; and Indemnitee desires to serve, or to continue to serve
(provided that he is furnished the indemnity provided for hereinafter), in
either or both of such capacities;

     NOW, THEREFORE, in consideration of the premises and the mutual agreements
herein set forth and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Company and Indemnitee,
intending to be legally bound, do hereby agree as follows:

     1. Agreement to Serve. Indemnitee agrees to serve or continue to serve as
director and/or officer of the Company, at the will of the Company or under
separate contract, if such exists, for so long as he is duly elected or
appointed and qualified in accordance with the provisions of the Bylaws of the
Company or until such time as he tenders his resignation in writing.

     2. Definitions. As used in this Agreement:

        (a) The term "Proceeding" shall mean any action, suit or proceeding
whether civil, criminal, administrative, arbitrative or investigative, any
appeal in such an action, suit or proceeding, and any inquiry or investigation
that could lead to such an action, suit or proceeding, except one initiated by
Indemnitee to enforce his rights under this Agreement.

        (b) The term "Expenses" includes, without limitation, all reasonable
attorneys' fees, retainers, court costs, transcript costs, fees of experts,
witness fees, travel expenses, duplicating costs, printing and binding costs,
telephone charges, postage, delivery service fees and all other disbursements or
expenses of the types customarily incurred in connection with prosecuting,
defending, preparing to prosecute or defend, investigating, or being or
preparing to be a witness in a Proceeding.

        (c) References to "other enterprise" shall include employee benefit
plans; references to "fines" shall include any (i) excise taxes assessed with
respect to any employee benefit plan and (ii) penalties; references to "serving
at the request of the Company" shall include any service as a director, officer,
employee or agent of the Company which imposes duties on, or involves services
by, such director, officer, employee or agent with respect to an employee
benefit plan, its participants or beneficiaries; and a person who acts in good
faith and in a manner he reasonably believes to be in the interest of the
participants and beneficiaries of an employee benefit plan shall be deemed to
have acted in a manner "not opposed to the best interests of the Company" as
referred to in this Agreement.

     3. Indemnity in Third Party Proceedings. The Company shall indemnify
Indemnitee in accordance with the provisions of this Section 3 if Indemnitee is
a party to or is threatened to be made a party to or otherwise involved in any
threatened, pending or completed Proceeding (other than a Proceeding by or in
the right of the Company to procure a judgment in its favor) by reason of the
fact that Indemnitee is or was a director and/or officer of the Company, or is
or was serving at the request of the Company as a director, officer, employee or
agent of another corporation, partnership, joint venture, trust or other
enterprise, against all Expenses, judgments, fines and amounts paid in
settlement actually and reasonably incurred by Indemnitee in connection with
such

Proceeding, provided it is determined pursuant to Section 7 of this Agreement or
by the court having jurisdiction in the matter, that Indemnitee acted in good
faith and in a manner that he reasonably believed to be in or not opposed to the
best interests of the Company, and, with respect to any criminal Proceeding, had
no reasonable cause to believe his conduct was unlawful. The termination of any
Proceeding by judgment, order, settlement or conviction, or upon a plea of nolo
contendere or its equivalent, shall not, of itself, create a presumption that
Indemnitee did not act in good faith and in a manner that he reasonably believed
to be in or not opposed to the best interests of the Company, and, with respect
to any criminal Proceeding, had reasonable cause to believe that his conduct was
unlawful.
<PAGE>

     4. Indemnity in Proceedings By or In the Right of the Company. The Company
shall indemnify Indemnitee in accordance with the provisions of this Section 4
if Indemnitee is a party to or is threatened to be made a party to or otherwise
involved in any threatened, pending or completed Proceeding by or in the right
of the Company to procure a judgment in its favor by reason of the fact that
Indemnitee is or was a director and/or officer of the Company, or is or was
serving at the request of the Company as a director, officer, employee or agent
of another corporation, partnership, joint venture, trust or other enterprise,
against all Expenses actually and reasonably incurred by Indemnitee in
connection with the defense, settlement or other disposition of such Proceeding,
but only if he acted in good faith and in a manner that he reasonably believed
to be in or not opposed to the best interests of the Company, except that no
indemnification shall be made under this Section 4 in respect of any claim,
issue or matter as to which Indemnitee shall have been adjudged to be liable to
the Company unless and only to the extent that the court in which such
Proceeding was brought shall determine upon application that, despite the
adjudication of liability but in view of all the circumstances of the case,
Indemnitee is fairly and reasonably entitled to indemnity for such Expenses as
the court shall deem proper.

     5. Indemnification for Expenses of Successful Party. Notwithstanding any
other provision of this Agreement to the contrary, to the extent that Indemnitee
has been successful on the merits or otherwise in defense of any Proceeding
referred to in Sections 3 and/or 4 of this Agreement, or in defense of any
claim, issue or matter therein, including dismissal without prejudice,
Indemnitee shall be indemnified against all Expenses actually and reasonably
incurred by Indemnitee in connection therewith.

     6. Advances of Expenses. The Expenses incurred by Indemnitee pursuant to
Sections 3 and/or 4 of this Agreement in connection with any Proceeding shall,
at the written request of the Indemnitee, be paid by the Company in advance of
the final disposition of such Proceeding upon receipt by the Company of an
undertaking by or on behalf of Indemnitee ("Indemnitee's Undertaking") to repay
such amount to the extent that it is ultimately determined that Indemnitee is
not entitled to be indemnified by the Company. The request for advancement of
Expenses by Indemnitee and the undertaking to repay of Indemnitee, which need
not be secured, shall be substantially in the form of Exhibit A to this
Agreement.

     7. Right of Indemnitee to Indemnification or Advancement of Expenses Upon
Application; Procedure Upon Application.

        (a) If required by the terms of this Agreement, indemnification under
Sections 3 and/or 4 of this Agreement shall be made no later than 45 days after
receipt by the Company of the written request of Indemnitee. A determination
shall be made within said 45-day period by (i) a majority vote of the directors
of the Company who are not parties to the involved Proceeding, even though less
than a quorum, or (ii) independent legal counsel in a written opinion (which
counsel shall be appointed if there are no such directors or if such directors
so direct), as to whether the Indemnitee has met the applicable standards for
indemnification set forth in Section 3 or 4, as the case may be.

        (b) Any advancement of Expenses under Section 6 of this Agreement shall
be made no later than 10 days after receipt by the Company of Indemnitee's
Undertaking.

        (c) In any action to establish or enforce the right of indemnification
or to receive advancement of Expenses as provided in this Agreement, the burden
of proving that indemnification or advancement of Expenses is not appropriate
shall be on the Company. Neither the failure of the Company (including its board
of directors or independent legal counsel) to have made a determination prior to
the commencement of such action that indemnification or advancement of Expenses
is proper in the circumstances because Indemnitee has met the applicable
standard of conduct, nor an actual determination by the Company (including its
board of directors or independent legal counsel) that Indemnitee has not met
such applicable standard of conduct, shall be a defense to the action or create
a presumption that Indemnitee has not met the applicable standard of conduct.
The Company shall also indemnify Indemnitee against all Expenses incurred by
Indemnitee in connection with successfully establishing or enforcing his right
of indemnification or to receive advancement of Expenses, in whole or in part,
under this Agreement.
<PAGE>

      8. Indemnification and Advancement of Expenses Under this Agreement Not
Exclusive. The rights of indemnification and to receive advancement of Expenses
as provided by this Agreement shall not be deemed exclusive of any other rights
to which Indemnitee may be entitled under the Certificate of Incorporation or
Bylaws of the Company, any other agreement, any vote of stockholders or
disinterested directors, the General Corporation Law of the State of Nevada, or
otherwise, both as to action in his official capacity and as to action in
another capacity while holding such office.

      9. Partial Indemnification. If Indemnitee is entitled under any provision
of this Agreement to indemnification or to receive advancement by the Company
for a portion of the Expenses, judgments, fines or amounts paid in settlement
actually and reasonably incurred by Indemnitee in the investigation, defense,
appeal, settlement or other disposition of any Proceeding but not, however, for
the total amount thereof, the Company shall nevertheless indemnify Indemnitee
for the portion thereof to which Indemnitee is entitled.

     10. Rights Continued. The rights of indemnification and to receive
advancement of Expenses as provided by this Agreement shall continue as to
Indemnitee even though Indemnitee may have ceased to be a director or officer of
the Company and shall inure to the benefit of Indemnitee's personal or legal
representatives, executors, administrators, successors, heirs, distributees,
devisees and legatees.

     11. No Construction as an Employment Agreement or Any Other Commitment.
Nothing contained in this Agreement shall be construed as giving Indemnitee any
right to be retained in the employ of the Company or any of its subsidiaries, if
Indemnitee currently serves as an officer of the Company, or to be renominated
as a director of the Company, if Indemnitee currently serves as a director of
the Company.

     12. Liability Insurance. To the extent the Company maintains an insurance
policy or policies providing directors' and officers' liability insurance,
Indemnitee shall be covered by such policy or policies in accordance with its or
their terms, to the maximum extent of the coverage available for any director or
officer of the Company under such policy or policies.

     13. No Duplication of Payments. The Company shall not be liable under this
Agreement to make any payment of amounts otherwise indemnifiable under this
Agreement if, and to the extent that, Indemnitee has otherwise actually received
such payment under any contract, agreement or insurance policy, the Certificate
of Incorporation or Bylaws of the Company, or otherwise.

     14. Subrogation. In the event of payment under this Agreement, the Company
shall be subrogated to the extent of such payment to all the rights of recovery
of Indemnitee, who shall execute all papers required and shall do everything
that may be necessary to secure such rights, including without limitation the
execution of such documents as may be necessary to enable the Company
effectively to bring suit to enforce such rights.

     15. Exceptions. Notwithstanding any other provision in this Agreement, the
Company shall not be obligated pursuant to the terms of this Agreement, to
indemnify or advance Expenses to Indemnitee with respect to any Proceeding, or
any claim therein, (i) brought or made by Indemnitee against the Company, or
(ii) in which final judgment is rendered against Indemnitee for an accounting of
profits made from the purchase and sale or the sale and purchase by Indemnitee
of securities of the Company pursuant to the provisions of Section 16(b) of the
Securities Exchange Act of 1934, as amended, or similar provisions of any
federal, state or local statute.

     16. Notices. Any notice or other communication required or permitted to be
given or made to the Company or Indemnitee pursuant to this Agreement shall be
given or made in writing by depositing the same in the United States mail, with
postage thereon prepaid, addressed to the person to whom such notice or
communication is directed at the address of such person on the records of the
Company, and such notice or communication shall be deemed given or made at the
time when the same shall be so deposited in the United States mail. Any such
notice or communication to the Company shall be addressed to the Secretary of
the Company.
<PAGE>

      17. Contractual Rights. The right to be indemnified or to receive
advancement of Expenses under this Agreement (i) is a contract right based upon
good and valuable consideration, pursuant to which Indemnitee may sue, (ii) is
and is intended to be retroactive and shall be available as to events occurring
prior to the date of this Agreement and (iii) shall continue after any
rescission or restrictive modification of this Agreement as to events occurring
prior thereto.

      18. Severability. If any provision or provisions of this Agreement shall
be held to be invalid, illegal or unenforceable for any reason whatsoever, the
validity, legality and enforceability of the remaining provisions shall not in
any way be affected or impaired thereby; and, to the fullest extent possible,
the provisions of this Agreement shall be construed so as to give effect to the
intent manifested by the provisions held invalid, illegal or unenforceable.

      19. Successors; Binding Agreement. The Company shall require any successor
to all or substantially all of the business and/or assets of the Company
(whether direct or indirect, by purchase, merger, consolidation or otherwise),
by agreement in form and substance reasonably satisfactory to Indemnitee, to
expressly assume and agree to perform this Agreement in the same manner and to
the same extent that the Company would be required to perform if no such
succession had taken place. As used in this Agreement, "Company" shall mean the
Company as hereinbefore defined and any successor to its business and/or assets
as aforesaid that executes and delivers the agreement provided for in this
Section 19 or that otherwise becomes bound by the terms and provisions of this
Agreement by operation of law.

      20. Counterparts, Modification, Headings, Gender.

          (a) This Agreement may be executed in counterparts, each of which
shall constitute one and the same instrument, and either party hereto may
execute this Agreement by signing any such counterpart.

          (b) No provisions of this Agreement may be modified, waived or
discharged unless such waiver, modification or discharge is agreed to in writing
and signed by Indemnitee and an appropriate officer of the Company. No waiver by
any party at any time of any breach by any other party of, or compliance with,
any condition or provision of this Agreement to be performed by any other party
shall be deemed a waiver of similar or dissimilar provisions or conditions at
the same time or at any prior or subsequent time.

          (c) Section headings are not to be considered part of this Agreement,
are solely for convenience of reference, and shall not affect the meaning or
interpretation of this Agreement or any provision set forth herein.

          (d) Pronouns in masculine, feminine and neuter genders shall be
construed to include any other gender, and words in the singular form shall be
construed to include the plural and vice versa, unless the context otherwise
requires.

      21. Assignability. This Agreement shall not be assignable by either party
without the consent of the other.

      22. Exclusive Jurisdiction; Governing Law. The Company and Indemnitee
agree that all disputes in any way relating to or arising under this Agreement,
including, without limitation, any action for advancement of Expenses or
indemnification, shall be litigated, if at all, exclusively in the State of
California and, if necessary, the corresponding appellate courts. This Agreement
shall be governed by and construed and enforced in accordance with the laws of
the State of California applicable to contracts made and to be performed in such
state without giving effect to the principles of conflicts of laws. The Company
and Indemnitee expressly submit themselves to the personal jurisdiction of the
State of California.

      23. Termination.

          (a) This Agreement shall terminate upon the mutual agreement of the
parties that this Agreement shall terminate or upon the death of Indemnitee or
the resignation, retirement, removal or replacement of Indemnitee from all of
his positions as a director and/or officer of the Company.
<PAGE>

          (b) The termination of this Agreement shall not terminate:

              (i) the Company's liability for claims or actions against
Indemnitee arising out of or related to acts, omissions, occurrences, facts or
circumstances occurring or alleged to have occurred prior to such termination;
or

              (ii) the applicability of the terms and conditions of this
Agreement to such claims or actions.

     IN WITNESS WHEREOF, the Company and Indemnitee have executed this Agreement
as of the date and year first above written.

                                     EXECUTE SPORTS, INC.

                                     By:
                                         --------------------------------------
                                        Name:
                                               --------------------------------
                                        Title:
                                               --------------------------------

                                     INDEMNITEE

                                     ------------------------------------------
                                     Name:
                                           ------------------------------------

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