Document:

<PAGE>

                                                                     EXHIBIT 4.1

Exhibit 4.1  Advisory and Consulting Agreement

                   Number of Shares and Options
                   ----------------------------

     4.1(d)                 350,000

     4.1(e)                 350,000

     4.1(f)               1,500,000

     4.1(g)                 500,000

                                       1
<PAGE>

                                                                  Exhibit 4.1(d)

                             CONSULTING AGREEMENT

     This Consulting Agreement (the "Consulting Agreement") made as of November
16, 2000, by and between Frank Kavanaugh, 1301 Dove Street, Suite 800, Newport
Beach, CA 92663 ("Consultant") and Imaging Technologies Corporation with offices
at 15175 Innovation Drive, CA 92128 (the "Company").

                                  WITNESSETH

     WHEREAS, the Company requires and will continue to require consulting
services relating management, strategic planning and marketing in connection
with its business; and

     WHEREAS, Consultant can provide the Company with strategic planning and
marketing consulting services and is desirous of performing such services for
the Company; and

     WHEREAS, the Company wishes to induce Consultant to provide these
consulting services to the Company,

     NOW, THEREFORE, in consideration of the mutual covenants hereinafter
stated, it is agreed as follows:

     1.  APPOINTMENT.
         -----------

     The Company hereby engages Consultant and Consultant agrees to render
services to the Company as a consultant upon the terms and conditions
hereinafter set forth.

     2.  TERM.
         ----

     The term of this Consulting Agreement began as of the date of this
Agreement, and shall terminate on November 15, 2001, unless earlier terminated
in accordance with paragraph 7 herein or extended as agreed to between the
parties.

     3.  SERVICES.
         --------

     During the term of this Agreement, Consultant shall provide advice to
undertake for and consult with the Company concerning  strategic planning,
matters in connection with the operation of the businesses of the Company,
acquisitions and business opportunities, and shall review and advise the Company
regarding its overall progress, needs and condition.  Consultant agrees to
provide on a timely basis the following enumerated services plus any additional
services contemplated thereby:

         (a)   The implementation of a plan with the Company's subsidiary
         Dealseekers.com to assist in the exploration and execution in regard to
         Dealseekers.com becoming a fully reporting public company.

         (b)   The implementation of a plan with the Company's subsidiary
         Color.com to assist in the exploration and execution in regard to
         Color.com becoming a fully reporting public company.

                                       2
<PAGE>

     4.  DUTIES OF THE COMPANY.
         ---------------------

     The Company shall provide Consultant, on a regular and timely basis, with
all approved data and information about it, its subsidiaries, its management,
its products and services and its operations as shall be reasonably requested by
Consultant, and shall advise Consultant of any facts which would affect the
accuracy of any data and information previously supplied pursuant to this
paragraph.  The Company shall promptly supply Consultant with full and complete
copies of all financial reports, all fillings with all federal and state
securities agencies; with full and complete copies of all stockholder reports;
with all data and information supplied by any financial analyst, and with all
brochures or other sales materials relating to its products or services.

     5.  COMPENSATION.
         ------------

     The Company will immediately grant Consultant the option to purchase
350,000 shares of the Company's Common Stock valued at $.12 per share, which
option shall expire on November 15, 2002 at 5:00 P.M. P.S.T.  Consultant in
providing the foregoing services, shall not be responsible for any out-of-pocket
costs, including, without limitation, travel, lodging, telephone, postage and
Federal Express charges.

     6.  REPRESENTATION AND INDEMNIFICATION.
         ----------------------------------

     The Company shall be deemed to have been made a continuing representation
of the accuracy of any and all facts, material information and data which it
supplies to Consultant and acknowledges its awareness that Consultant will rely
on such continuing representation in disseminating such information and
otherwise performing its advisory functions.  Consultant in the absence of
notice in writing from the Company, will rely on the continuing accuracy of
material, information and data supplied by the Company.  Consultant represents
that he has knowledge of and is experienced in providing the aforementioned
services.

     7.  MISCELLANEOUS.
         -------------

     Termination:  This Agreement may be terminated by either Party upon written
     -----------
notice to the other Party for any reason which shall be effective five (5)
business days from the date of such notice.  This Agreement shall be terminated
immediately upon written notice for material breach of this Agreement.

     Modification: This Consulting Agreement sets forth the entire understanding
     ------------
of the Parties with respect to the subject matter hereof. This Consulting
Agreement may be amended only in writing signed by both Parties.

     Notices:  Any notice required or permitted to be given hereunder shall be
     -------
in writing and shall be mailed or otherwise delivered in person or by facsimile
transmission at the address of such Party set forth above or to such other
address or facsimile telephone number as the Party shall have furnished in
writing to the other Party.

     Waiver:  Any waiver by either Party of a breach of any provision of this
     ------
Consulting Agreement shall not operate as or be construed to be a waiver of any
other breach of that provision or of any breach of any other provision of this
Consulting Agreement.  The failure of a Party to insist upon strict adherence to
any term of this Consulting Agreement on one or more occasions will not be
considered a waiver or deprive that Party of the right thereafter to insist upon
adherence to that term of any other term of this Consulting Agreement.

     Assignment:  The Options under this Agreement are assignable at the
     ----------
discretion of the Consultant.

                                       3
<PAGE>

     Severability:   If any provision of this Consulting Agreement is invalid,
     ------------
illegal, or unenforceable, the balance of this Consulting Agreement shall remain
in effect, and if any provision is inapplicable to any person or circumstance,
it shall nevertheless remain applicable to all other persons and circumstances.

     Disagreements:  Any dispute or other disagreement arising from or out of
     -------------
this Consulting Agreement shall be submitted to arbitration under the rules of
the American Arbitration Association and the decision of the arbiter(s) shall be
enforceable in any court having jurisdiction thereof.  Arbitration shall occur
only in San Diego, CA.  The interpretation and the enforcement of this Agreement
shall be governed by California Law as applied to residents of the State of
California relating to contracts executed in and to be performed solely within
the State of California.  In the event any dispute is arbitrated, the prevailing
Party (as determined by the arbiter(s)) shall be entitled to recover that
Party's reasonable attorney's fees incurred (as determined by the arbiter(s)).

     IN WITNESS WHEREOF, this Consulting Agreement has been executed by the
Parties as of the date first above written.

IMAGING TECHNOLOGY CORP.                CONSULTANT

 /s/ Brian Bonar                        /s/ Frank Kavanaugh
---------------------------             -------------------------
Brian Bonar                             Frank Kavanaugh
President and CEO

                                       4
<PAGE>

                                                                  Exhibit 4.1(e)

                              CONSULTING AGREEMENT

     This Consulting Agreement (the "Consulting Agreement") made as of November
16, 2000 by and between A. L. Dubrow, 104 Linda Isle, Newport Beach, Ca. 92660
("Consultant") and Imaging Technologies Corporation with offices at 15175
Innovation Drive, CA 92128 (the "Company").

                                  WITNESSETH

     WHEREAS, the Company requires and will continue to require consulting
services relating management, strategic planning and marketing in connection
with its business; and

     WHEREAS, Consultant can provide the Company with strategic planning and
marketing consulting services and is desirous of performing such services for
the Company; and

     WHEREAS, the Company wishes to induce Consultant to provide these
consulting services to the Company,

     NOW, THEREFORE, in consideration of the mutual covenants hereinafter
stated, it is agreed as follows:

     1.  APPOINTMENT.
         -----------

     The Company hereby engages Consultant and Consultant agrees to render
services to the Company as a consultant upon the terms and conditions
hereinafter set forth.

     2.  TERM.
         ----

     The term of this Consulting Agreement began as of the date of this
Agreement, and shall terminate on  November 15, 2001, unless earlier terminated
in accordance with paragraph 7 herein or extended as agreed to between the
parties.

     3.  SERVICES.
         --------

     During the term of this Agreement, Consultant shall provide advice to
undertake for and consult with the Company concerning  strategic planning,
matters in connection with the operation of the businesses of the Company,,
acquisitions and business opportunities, and shall review and advise the Company
regarding its overall progress, needs and condition.  Consultant agrees to
provide on a timely basis the following enumerated services plus any additional
services contemplated thereby:

         (a)   The design and implementation of a plan with the Company to
         assist in the exploration and execution in regard to expanding the
         Company's sales growth in the European Community and the establishment
         of a European office.

         (b)   The implementation of short-range and long-term strategic
         planning to fully develop and enhance the Company's assets, resources,
         products and services overseas;

         (c)   The implementation of a marketing program to enable the Company
         to broaden the markets for its services and promote the image of the
         Company and its products and services overseas;

         (d)   Advise the Company relative to the recruitment and employment of
         key

                                       5
<PAGE>

         executives consistent with the expansion of operations of the
         Company overseas;

     4.  DUTIES OF THE COMPANY.
         ---------------------

     The Company shall provide Consultant, on a regular and timely basis, with
all approved data and information about it, its subsidiaries, its management,
its products and services and its operations as shall be reasonably requested by
Consultant, and shall advise Consultant of any facts which would affect the
accuracy of any data and information previously supplied pursuant to this
paragraph.  The Company shall promptly supply Consultant with full and complete
copies of all financial reports, all fillings with all federal and state
securities agencies; with full and complete copies of all stockholder reports;
with all data and information supplied by any financial analyst, and with all
brochures or other sales materials relating to its products or services.

     5.  COMPENSATION.
         ------------

     The Company will immediately grant Consultant the option to purchase
350,000 shares of the Company's Common Stock valued at $.12 per share, which
option shall expire on November 15, 2002 at 5:00 P.M. P.S.T.  Consultant in
providing the foregoing services, shall not be responsible for any out-of-pocket
costs, including, without limitation, travel, lodging, telephone, postage and
Federal Express charges.

     6.  REPRESENTATION AND INDEMNIFICATION.
         ----------------------------------

     The Company shall be deemed to have been made a continuing representation
of the accuracy of any and all facts, material information and data which it
supplies to Consultant and acknowledges its awareness that Consultant will rely
on such continuing representation in disseminating such information and
otherwise performing its advisory functions.  Consultant in the absence of
notice in writing from the Company, will rely on the continuing accuracy of
material, information and data supplied by the Company.  Consultant represents
that he has knowledge of and is experienced in providing the aforementioned
services.

     7.  MISCELLANEOUS.
         -------------

     Termination:  This Agreement may be terminated by either Party upon written
     -----------
notice to the other Party for any reason which shall be effective five (5)
business days from the date of such notice.  This Agreement shall be terminated
immediately upon written notice for material breach of this Agreement.

     Modification: This Consulting Agreement sets forth the entire understanding
     ------------
of the Parties with respect to the subject matter hereof. This Consulting
Agreement may be amended only in writing signed by both Parties.

     Notices:  Any notice required or permitted to be given hereunder shall be
     -------
in writing and shall be mailed or otherwise delivered in person or by facsimile
transmission at the address of such Party set forth above or to such other
address or facsimile telephone number as the Party shall have furnished in
writing to the other Party.

     Waiver:  Any waiver by either Party of a breach of any provision of this
     ------
Consulting Agreement shall not operate as or be construed to be a waiver of any
other breach of that provision or of any breach of any other provision of this
Consulting Agreement.  The failure of a Party to insist upon strict adherence to
any term of this Consulting Agreement on one or more occasions will not be
considered a waiver or deprive that Party of the right thereafter to insist upon
adherence to that term of any other term of this Consulting Agreement.

     Assignment:  The Options under this Agreement are assignable at the
     ----------
discretion of the Consultant.

                                       6
<PAGE>

     Severability:  If any provision of this Consulting Agreement is invalid,
     ------------
illegal, or unenforceable, the balance of this Consulting Agreement shall remain
in effect, and if any provision is inapplicable to any person or circumstance,
it shall nevertheless remain applicable to all other persons and circumstances.

     Disagreements:  Any dispute or other disagreement arising from or out of
     -------------
this Consulting Agreement shall be submitted to arbitration under the rules of
the American Arbitration Association and the decision of the arbiter(s) shall be
enforceable in any court having jurisdiction thereof.  Arbitration shall occur
only in San Diego, CA.  The interpretation and the enforcement of this Agreement
shall be governed by California Law as applied to residents of the State of
California relating to contracts executed in and to be performed solely within
the State of California.  In the event any dispute is arbitrated, the prevailing
Party (as determined by the arbiter(s)) shall be entitled to recover that
Party's reasonable attorney's fees incurred (as determined by the arbiter(s)).

     IN WITNESS WHEREOF, this Consulting Agreement has been executed by the
Parties as of the date first above written.

IMAGING TECHNOLOGY CORP.                    CONSULTANT

/s/ Brian Bonar                             /s/ A.L. Dubrow
-------------------------                   ------------------
Brian Bonar                                 A.L Dubrow
President and CEO

                                       7
<PAGE>

                                                                  Exhibit 4.1(f)

                             CONSULTING AGREEMENT

     This Consulting Agreement (the "Consulting Agreement") made as of November
16, 2000  by and between Brad Hoffman, 1301 Dove Street, Suite 800, Newport
Beach, Ca. 92663 ("Consultant") and Imaging Technologies Corporation with
offices at 15175 Innovation Drive, CA 92128 (the "Company").

                                  WITNESSETH

     WHEREAS, the Company requires and will continue to require consulting
services relating management, strategic planning and marketing in connection
with its business; and

     WHEREAS, Consultant can provide the Company with strategic planning and
marketing consulting services and is desirous of performing such services for
the Company; and

     WHEREAS, the Company wishes to induce Consultant to provide these
consulting services to the Company,

     NOW, THEREFORE, in consideration of the mutual covenants hereinafter
stated, it is agreed as follows:

     1.  APPOINTMENT.
         -----------

     The Company hereby engages Consultant and Consultant agrees to render
services to the Company as a consultant upon the terms and conditions
hereinafter set forth.

     2.  TERM.
         ----

     The term of this Consulting Agreement began as of the date of this
Agreement, and shall terminate on  November 15, 2001, unless earlier terminated
in accordance with paragraph 7 herein or extended as agreed to between the
parties.

     3.  SERVICES.
         --------

     During the term of this Agreement, Consultant shall provide advice to
undertake for and consult with the Company concerning  strategic planning,
matters in connection with the operation of the businesses of the Company,,
acquisitions and business opportunities, and shall review and advise the Company
regarding its overall progress, needs and condition.  Consultant agrees to
provide on a timely basis the following enumerated services plus any additional
services contemplated thereby:

         (a)  The design and implementation of a plan with the Company to assist
         in the exploration and execution in regard to expanding the Company's
         sales growth in the European Community and the establishment of a
         European office.

         (b)  The implementation of short-range and long-term strategic planning
         to fully develop and enhance the Company's assets, resources, products
         and services overseas;

         (c)  The implementation of a marketing program to enable the Company to
         broaden the markets for its services and promote the image of the
         Company and its products and services overseas;

                                       8
<PAGE>

         (d)  Advise the Company relative to the recruitment and employment of
         key executives consistent with the expansion of operations of the
         Company overseas;

     4.  DUTIES OF THE COMPANY.
         ---------------------

     The Company shall provide Consultant, on a regular and timely basis, with
all approved data and information about it, its subsidiaries, its management,
its products and services and its operations as shall be reasonably requested by
Consultant, and shall advise Consultant of any facts which would affect the
accuracy of any data and information previously supplied pursuant to this
paragraph.  The Company shall promptly supply Consultant with full and complete
copies of all financial reports, all fillings with all federal and state
securities agencies; with full and complete copies of all stockholder reports;
with all data and information supplied by any financial analyst, and with all
brochures or other sales materials relating to its products or services.

     5.  COMPENSATION.
         ------------

     The Company will immediately grant Consultant the option to purchase
1,500,000 shares of the Company's Common Stock valued at $.10 per share, which
option shall expire on November 15, 2002 at 5:00 P.M. P.S.T.  Consultant in
providing the foregoing services, shall not be responsible for any out-of-pocket
costs, including, without limitation, travel, lodging, telephone, postage and
Federal Express charges.

     6.  REPRESENTATION AND INDEMNIFICATION.
         ----------------------------------

     The Company shall be deemed to have been made a continuing representation
of the accuracy of any and all facts, material information and data which it
supplies to Consultant and acknowledges its awareness that Consultant will rely
on such continuing representation in disseminating such information and
otherwise performing its advisory functions.  Consultant in the absence of
notice in writing from the Company, will rely on the continuing accuracy of
material, information and data supplied by the Company.  Consultant represents
that he has knowledge of and is experienced in providing the aforementioned
services.

     7.  MISCELLANEOUS.
         -------------

     Termination:  This Agreement may be terminated by either Party upon written
     -----------
notice to the other Party for any reason which shall be effective five (5)
business days from the date of such notice.  This Agreement shall be terminated
immediately upon written notice for material breach of this Agreement.

     Modification:  This Consulting Agreement sets forth the entire
     ------------
understanding of the Parties with respect to the subject matter hereof.  This
Consulting Agreement may be amended only in writing signed by both Parties.

     Notices:  Any notice required or permitted to be given hereunder shall be
     -------
in writing and shall be mailed or otherwise delivered in person or by facsimile
transmission at the address of such Party set forth above or to such other
address or facsimile telephone number as the Party shall have furnished in
writing to the other Party.

     Waiver:  Any waiver by either Party of a breach of any provision of this
     ------
Consulting Agreement shall not operate as or be construed to be a waiver of any
other breach of that provision or of any breach of any other provision of this
Consulting Agreement.  The failure of a Party to insist upon strict adherence to
any term of this Consulting Agreement on one or more occasions will not be
considered a waiver or deprive that Party of the right thereafter to insist upon
adherence to that term of any other term of this Consulting Agreement.

                                       9
<PAGE>

     Assignment:  The Options under this Agreement are assignable at the
     ----------
discretion of the Consultant.

     Severability:  If any provision of this Consulting Agreement is invalid,
     ------------
illegal, or unenforceable, the balance of this Consulting Agreement shall remain
in effect, and if any provision is inapplicable to any person or circumstance,
it shall nevertheless remain applicable to all other persons and circumstances.

     Disagreements:  Any dispute or other disagreement arising from or out of
     -------------
this Consulting Agreement shall be submitted to arbitration under the rules of
the American Arbitration Association and the decision of the arbiter(s) shall be
enforceable in any court having jurisdiction thereof.  Arbitration shall occur
only in San Diego, CA.  The interpretation and the enforcement of this Agreement
shall be governed by California Law as applied to residents of the State of
California relating to contracts executed in and to be performed solely within
the State of California.  In the event any dispute is arbitrated, the prevailing
Party (as determined by the arbiter(s)) shall be entitled to recover that
Party's reasonable attorney's fees incurred (as determined by the arbiter(s)).

     IN WITNESS WHEREOF, this Consulting Agreement has been executed by the
Parties as of the date first above written.

IMAGING TECHNOLOGY CORP.                     CONSULTANT

/s/ Brian Bonar                              /s/ Brad Hoffman
----------------------------                 -------------------------------
Brian Bonar                                  Brad Hoffman
President and CEO

                                       10
<PAGE>

                                                                  Exhibit 4.1(g)

                             CONSULTING AGREEMENT

     This Consulting Agreement (the "Consulting Agreement") made as of November
16, 2000  by and between Carl C. Perkins, 17310 Red Hill Avenue, Suite 330,
Irvine, Ca. 92614 ("Consultant") and Imaging Technologies Corporation with
offices at 15175 Innovation Drive, CA 92128 (the "Company").

                                  WITNESSETH

     WHEREAS, the Company requires and will continue to require consulting
services relating management, strategic planning and marketing in connection
with its business; and

     WHEREAS, Consultant can provide the Company with strategic planning and
marketing consulting services and is desirous of performing such services for
the Company; and

     WHEREAS, the Company wishes to induce Consultant to provide these
consulting services to the Company,

     NOW, THEREFORE, in consideration of the mutual covenants hereinafter
stated, it is agreed as follows:

     1.  APPOINTMENT.
         -----------

     The Company hereby engages Consultant and Consultant agrees to render
services to the Company as a consultant upon the terms and conditions
hereinafter set forth.

     2.  TERM.
         ----

     The term of this Consulting Agreement began as of the date of this
Agreement, and shall terminate on  November 16, 2001, unless earlier terminated
in accordance with paragraph 7 herein or extended as agreed to between the
parties.

     3.  SERVICES.
         --------

     During the term of this Agreement, Consultant shall provide advice to
undertake for and consult with the Company concerning  strategic planning,
matters in connection with the operation of the businesses of the Company,,
acquisitions and business opportunities, and shall review and advise the Company
regarding its overall progress, needs and condition.  Consultant agrees to
provide on a timely basis the following enumerated services plus any additional
services contemplated thereby:

         (a)  The design and implementation of a plan with the Company to assist
         in the exploration and execution in regard to expanding the Company's
         sales growth in the European Community and the establishment of a
         European office.

         (b)  The implementation of short-range and long-term strategic planning
         to fully develop and enhance the Company's assets, resources, products
         and services overseas;

         (c)  The implementation of a marketing program to enable the Company to
         broaden the markets for its services and promote the image of the
         Company and

                                       11
<PAGE>

         its products and services overseas;

         (d)  Advise the Company relative to the recruitment and employment of
         key executives consistent with the expansion of operations of the
         Company overseas;

     4.  DUTIES OF THE COMPANY.
         ---------------------

     The Company shall provide Consultant, on a regular and timely basis, with
all approved data and information about it, its subsidiaries, its management,
its products and services and its operations as shall be reasonably requested by
Consultant, and shall advise Consultant of any facts which would affect the
accuracy of any data and information previously supplied pursuant to this
paragraph.  The Company shall promptly supply Consultant with full and complete
copies of all financial reports, all fillings with all federal and state
securities agencies; with full and complete copies of all stockholder reports;
with all data and information supplied by any financial analyst, and with all
brochures or other sales materials relating to its products or services.

     5.  COMPENSATION.
         ------------

     The Company will immediately grant Consultant the option to purchase
500,000 shares of the Company's Common Stock valued at $.10 per share, which
option shall expire on November 15, 2002 at 5:00 P.M. P.S.T.  Consultant in
providing the foregoing services, shall not be responsible for any out-of-pocket
costs, including, without limitation, travel, lodging, telephone, postage and
Federal Express charges.

     6.  REPRESENTATION AND INDEMNIFICATION.
         ----------------------------------

     The Company shall be deemed to have been made a continuing representation
of the accuracy of any and all facts, material information and data which it
supplies to Consultant and acknowledges its awareness that Consultant will rely
on such continuing representation in disseminating such information and
otherwise performing its advisory functions.  Consultant in the absence of
notice in writing from the Company, will rely on the continuing accuracy of
material, information and data supplied by the Company.  Consultant represents
that he has knowledge of and is experienced in providing the aforementioned
services.

     7.  MISCELLANEOUS.
         -------------

     Termination:  This Agreement may be terminated by either Party upon written
     -----------
notice to the other Party for any reason which shall be effective five (5)
business days from the date of such notice.  This Agreement shall be terminated
immediately upon written notice for material breach of this Agreement.

     Modification:  This Consulting Agreement sets forth the entire
     ------------
understanding of the Parties with respect to the subject matter hereof.  This
Consulting Agreement may be amended only in writing signed by both Parties.

     Notices:  Any notice required or permitted to be given hereunder shall be
     -------
in writing and shall be mailed or otherwise delivered in person or by facsimile
transmission at the address of such Party set forth above or to such other
address or facsimile telephone number as the Party shall have furnished in
writing to the other Party.

     Waiver:  Any waiver by either Party of a breach of any provision of this
     ------
Consulting Agreement shall not operate as or be construed to be a waiver of any
other breach of that provision or of any breach of any other provision of this
Consulting Agreement.  The failure of a Party to insist upon strict adherence to
any term of this Consulting Agreement on one or more occasions will not be
considered a waiver or deprive that Party of the right thereafter to insist upon
adherence to that term of any other term of this Consulting Agreement.

                                       12
<PAGE>

     Assignment:  The Options under this Agreement are assignable at the
     ----------
discretion of the Consultant.

     Severability:  If any provision of this Consulting Agreement is invalid,
     ------------
illegal, or unenforceable, the balance of this Consulting Agreement shall remain
in effect, and if any provision is inapplicable to any person or circumstance,
it shall nevertheless remain applicable to all other persons and circumstances.

     Disagreements:  Any dispute or other disagreement arising from or out of
     -------------
this Consulting Agreement shall be submitted to arbitration under the rules of
the American Arbitration Association and the decision of the arbiter(s) shall be
enforceable in any court having jurisdiction thereof.  Arbitration shall occur
only in San Diego, CA.  The interpretation and the enforcement of this Agreement
shall be governed by California Law as applied to residents of the State of
California relating to contracts executed in and to be performed solely within
the State of California.  In the event any dispute is arbitrated, the prevailing
Party (as determined by the arbiter(s)) shall be entitled to recover that
Party's reasonable attorney's fees incurred (as determined by the arbiter(s)).

     IN WITNESS WHEREOF, this Consulting Agreement has been executed by the
Parties as of the date first above written.

IMAGING TECHNOLOGY CORP.                     CONSULTANT

/s/ Brian Bonar                              /s/ Carl C. Perkins
---------------------------                  -------------------------------
Brian Bonar                                  Carl C. Perkins
President and CEO

                                       13<PAGE>

                                                                    Exhibit 10.2

                       IMAGING TECHNOLOGIES CORPORATION

                         2001 STOCK COMPENSATION PLAN

          1.   Purpose of the Plan. The purpose of the 2001 Stock Compensation
Plan ("Plan") of Imaging Technologies Corporation, a Delaware corporation,
("Company") is to provide the Company with a means of compensating selected key
employees (including officers) and directors of and consultants to the Company
and its subsidiaries for their services rendered in connection with the
development of Imaging Technologies Corporation with shares of Common Stock of
the Company.

          2.   Administration of the Plan. The Plan shall be administered by the
Company's Board of Directors (the "Board").

               2.1  Award or Sales of shares. The Company's Board shall (a)
select those key employees (including officers), directors and consultants to
whom shares of the Company's Common Stock shall be awarded or sold, and (b)
determine the number of shares to be awarded or sold; the time or times at which
shares shall be awarded or sold; whether the shares to be awarded or sold will
be registered with the Securities and Exchange Commission; and such conditions,
rights of repurchase, rights of first refusal or other transfer restrictions as
the Board may determine. Each award or sale of shares under the Plan may or may
not be evidenced by a written agreement between the Company and the persons to
whom shares of the Company's Common Stock are awarded or sold.

               2.2  Consideration for Shares. Shares of the Company's Common
Stock to be awarded or sold under the Plan shall be issued for such
consideration, having a value not less than par value thereof, as shall be
determined from time to time by the Board in its sole discretion.

               2.3  Board Procedures. The Board from time to time may adopt such
rules and regulations for carrying out the purposes of the Plan as it may deem
proper and in the best interests of the Company. The Board shall keep minutes of
its meetings and records of its actions. A majority of the members of the Board
shall constitute a quorum for the transaction of any business by the Board. The
Board may act at any time by an affirmative vote of a majority of those members
voting. Such vote shall be taken at a meeting (which may be conducted in person
or by any telecommunication medium) or by written consent of Board members
without a meeting.

               2.4  Finality of Board Action. The Board shall resolve all
questions arising under the Plan. Each determination, interpretation, or other
action made or taken by the Board shall be final and conclusive and binding on
all persons, including, without limitation, the Company, its stockholders, the
Board and each of the members of the Board.

               2.5  Non-Liability of Board Members. No Board member shall be
liable for any action or determination made by him in good faith with respect to
the Plan or any shares of the Company's Common Stock sold or awarded under it.

               2.6  Board Power to amend, Suspend, or Terminate the Plan. The
Board may, from time to time, make such changes in or additions to the Plan as
it may deem proper and in the best interests of the Company and its
Stockholders. The Board may also suspend or terminate the Plan at any time,
without notice, and in its sole discretion.

          3.   Shares Subject to the Plan. For purposes of the Plan, the Board
of Directors is authorized to sell or award up to 4,080,000 shares and/or
options of the Company's Common Stock, $.005 par value per share ("Common
Stock").

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<PAGE>

          4.   Participants. All key employees (including officers) and
directors of and consultants to the Company and any of its subsidiaries
(sometimes referred to herein as ("participants") are eligible to participate in
the Plan. A copy of this Plan shall be delivered to all participants, together
with a copy of any Board resolutions authorizing the issuance of the shares and
establishing the terms and conditions, if any, relating to the sale or award of
such shares.

          5.   Rights and Obligations of Participants. The award or sale of
shares of Common stock shall be conditioned upon the participant providing to
the Board a written representation that, at the time of such award or sale, it
is the intent of such person(s) to acquire the shares for investment only and
not with a view toward distribution. The certificate for unregistered shares
issued for investment shall be restricted by the Company as to transfer unless
the Company receives an opinion of counsel satisfactory to the Company to the
effect that such restriction is not necessary under the pertaining law. The
providing of such representation and such restriction on transfer shall not,
however, be required upon any person's receipt of shares of Common Stock under
the Plan in the event that, at the time of award or sale, the shares shall be
(i) covered by an effective and current registration statement under the
Securities Act of 1933, as amended, and (ii) either qualified or exempt from
qualification under applicable state securities laws. The Company shall,
however, under no circumstances be required to sell or issue any shares under
the Plan if, in the opinion of the Board, (i) the issuance of such shares would
constitute a violation by the participant or the Company of any applicable law
or regulation of any governmental authority, or (ii) the consent or approval of
any governmental body is necessary or desirable as a condition of, or in
connection with, the issuance of such shares.

          6.   Payment of Shares.

               (a)  The entire purchase price of shares issued under the Plan
shall be payable in lawful money of the United States of America at the time
when such shares are purchased, except as provided in subsection (b) below.

               (b)  At the discretion of the Board, Shares may be issued under
the Plan in consideration of services rendered; provided, however, that any
issuance of shares under the Plan shall be in compliance Section 152 of the
Delaware General Corporation Law, as amended.

          7.   Adjustments. If the outstanding Common Stock shall be hereafter
increased or decreased, or changed into or exchanged for a different number or
kind of shares or other securities of the Company or of another corporation, by
reason of a recapitalization, reclassification, reorganization, merger,
consolidation, share exchange, or other business combination in which the
Company is the surviving parent corporation, stock split-up, combination of
shares, or dividend or other distribution payable in capital stock or rights to
acquire capital stock, appropriate adjustment shall be made by the Board in the
number and kind of shares which may be granted under the Plan.

          8.   Tax Withholding. As a condition to the purchase or award of
shares, the participant shall make such arrangements as the Board may require
for the satisfaction of any federal, state, local or foreign withholding tax
obligations that may arise in connection with such purchase or award.

          9.   Terms of the Plan.

               9.1  Effective Date. The Plan shall become effective on June
1,2000.

               9.2  Termination Date. The Plan shall terminate at Midnight on
May 31, 2001, and no shares shall be awarded or sold after that time. The Plan
may be suspended or terminated at any earlier time by the Board within the
limitations set forth in Section 2.6.

          10.  Non-Exclusivity of the Plan. Nothing contained in the Plan is
intended to amend, modify, or rescind any previously approved compensation
plans, programs or options entered into by the Company. This Plan shall be
construed to be in addition to and independent of any and all such

                                       2
<PAGE>

other arrangements. The adoption of the Plan by the Board shall not be construed
as creating any limitations on the power of authority of the Board to adopt,
with or without stockholder approval, such additional or other compensation
arrangements as the Board may from time to time deem desirable.

          11.  Governing Law. The Plan and all rights and obligations under it
shall be construed and enforced in accordance with the laws of the state of
Delaware.

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