Document:

EXHIBIT 10.2

RELIV' INTERNATIONAL, INC.         148671-1089253                       HH/ph/as

                             MODIFICATION AGREEMENT

      THIS AGREEMENT, made and entered into as of this 1st day of June, 2002 by
and between SOUTHWEST BANK OF ST. LOUIS, whose address is 2301 South
Kingshighway, St. Louis, Missouri 63110-3498 (hereinafter referred to as
"Southwest"), and RELIV' INTERNATIONAL, INC. whose address is P.O. Box 405,
Chesterfield, MO 63006-0405 (hereinafter referred to as "Borrower")

                                   WITNESSETH

      WHEREAS, Borrower has executed a certain Note dated September 2, 1997 in
the original amount of $4,430,000.00 secured by a Deed of Trust dated September
2 1997 and recorded in Book 11284 Page 0095 in the Office of the Recorder of
Deeds of the County of St. Louis, State of Missouri; and

      WHEREAS, Southwest is the present holder of the aforementioned Note and
Deed of Trust; and

      WHEREAS, Borrower has requested Southwest to modify said Note; and

      WHEREAS, Southwest is, subject to certain conditions hereinafter set out,
willing to modify said Note.

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

      1.    The outstanding principal balance under the Note as of June 1, 2002
            is $4,020,517.40.

      2.    The maturity date of the Note shall remain the same at March 1,
            2004.

      3.    Borrower agrees that commencing July 1, 2002, it shall rnake
            payments of principal and interest in the amount of $38,802.13
            monthly and on the 1st day of each succeeding month thereafter with
            all outstanding principal and interest due on March 1, 2004. A late
            charge in the amount of 10% of the monthly installment will be
            assessed if payment is 30 days late, but in no event not less than
            $10.00.

      4.    The interest rate shall be changed to Southwest Bank of St. Louis'
            Prime Rate plus 0.00% to be adjusted on the first day of the month
            following any change in said Prime Rate, and after maturity, by
            acceleration or otherwise, at a rate of 5.00% per annum in excess of
            the rate in effect at maturity.

      5.    Nothing contained herein shall impair the security of Southwest, its
            successors or assigns under said Note and Deed of Trust nor effect
            or impair any rights or power which it may have under said Note and
            Deed of Trust for the recovery of the debt, with interest. Except as
            expressly provided herein, the parties hereto acknowledge that all
            conditions, covenants and agreements contained in said Note and Deed
            of Trust are hereby continued in full force and effect, and said
            Deed of Trust shall be and remain a lien upon the real

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            estate described therein until the principal and interest provided
            for in said Note and Deed of Trust are fully paid.

      6.    If any payment of principal and interest is not. paid when due as
            described herein such failure shall constitute a default under the
            Note and Deed of Trust, or if there is a default in the due
            performance of any of the covenants and obligations contained in the
            Deed of Trust.

      7.    Borrower certifies and represents that it has no defenses, offsets,
            credits, or counterclaims against Southwest to its obligations under
            the Note and Deed of Trust and that Southwest has fulfilled all of
            its obligations, covenants and warranties under the Note and Deed of
            Trust and is not in default of any such obligations, covenants or
            warranties.

      8.    This modification shall be binding upon the heirs, executors,
            administrators, legal representatives, successors and assigns of the
            parties hereto.

      IN WITNESS WHEREOF, the parties hereto have subscribed their names this
1st day of June, 2002.

      Property Address:
                                                  RELIV' INTERNATIONAL, INC.
      112 & 136 Chesterfield Industrial Blvd.
      2nd and 3rd Deed of Trust
                                                  By:   /s/ Robert L. Montgomery
                                                        ------------------------
      Maturity Date:                              Name: Robert L.  Montgomery
      March 1, 2004                                     ------------------------
                                                  Its:  President

                                                  By:   /s/  Steven D. Albright
                                                        ------------------------
                                                  Name: Steven D Albright
                                                        ------------------------
                                                  Its:  Controller

                                                  SOUTHWEST BANK OF ST. LOUS

                                                  By:   /s/  Hord Hardin, II
                                                        ------------------------
                                                  Name: Hord Hardin, II
                                                        ------------------------
                                                  Its:  Senior Vice PresidentEXHIBIT 10.3

                          AMENDMENT TO ESCROW AGREEMENT

      WHEREAS, Flagstick Ventures, Inc., a Delaware corporation ("the Issuer")
and Eiseman Levine Lehrhaupt & Kakoyiannis, P.C., a law firm with offices at 845
Third Avenue, New York, New York 10022 (the "Escrow Agent") entered into an
Escrow Agreement dated February 7, 2002 (the "Escrow Agreement");

      WHEREAS, the Issuer had filed with the Securities and Exchange Commission
(the "Commission") a registration statement (the "Registration Statement")
covering a proposed public offering of 2,000,000 shares of its common stock,
$.001 par value per share; and

      WHEREAS, the Issuer has changed the terms of the proposed public offering
and has filed with the Commission an amendment to the Registration Statement
covering the proposed public offering of a minimum of 2,000,000 and a maximum of
3,000,000 shares of its common stock, $.001 par value per share; and

      WHEREAS, the Issuer proposes to offer the shares for sale to the public on
a "best efforts, all or none basis" with respect to the first 2,000,000 shares
and on a best-efforts basis with respect to the remaining 1,000,000 shares.

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

      1. Offering Period. Pursuant to the terms of the offering as set forth in
the amendment to the Registration Statement, the Offering Period will not be
extendable by the Issuer. As such, Section 2.2 of the Escrow Agreement is hereby
replaced by the following:

      "2.2 The Offering Period, which shall be deemed to commence on the
Effective Date, shall consist of the number of calendar days or business days
set forth on the Information Sheet. The last day of the Offering Period is
referred to herein as the "Termination Date". After the Termination Date, the
Issuer shall not deposit, and the Escrow Agent shall not accept, any additional
amounts representing payments by prospective purchasers."

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            2. Disbursement from the Escrow Account. Section 4 of the Escrow
Agreement is hereby replaced by the following section:

      "4. DISBURSEMENT FROM THE ESCROW ACCOUNT.

      4.1 The Deposited Proceeds may be released to the Issuer only at the same
time as or after the Escrow Agent has received a signed representation letter
from the Issuer, on or prior to the Termination Date that subscriptions for at
least 2,000,000 of the shares offered were received and accepted, and that
payment therefor made.

      4.2 Within ten days following such date on which the Issuer has sold
2,000,000 shares and has notified the Escrow Agent in writing that subscriptions
for at least 2,000,000 of the shares offered were received and accepted, an
initial closing (the "Initial Closing") will be conducted at which time the
Deposited Proceeds shall be released to the Issuer. Following the Initial
Closing, a closing will take place every two weeks through the earlier to occur
of (i) the sale of all the shares offered or (ii) the Termination Date at which
any Deposited Proceeds received by the Escrow Account since the previous closing
shall be released to the Issuer.

      4.3 Unless the Escrow Agent has received a signed representation letter
from the Issuer by the close of regular banking hours on the Termination Date
setting forth that all the shares offered by it have been sold, the Escrow Agent
shall return by first class mail or equally prompt means to each prospective
purchaser the amount of payment received from such purchaser held in escrow
within five business days following the Termination Date and the Escrow Agent
shall notify the Issuer of its distribution of the Deposited Proceeds.

      4.4 Upon distribution of the Deposited Proceeds pursuant to the terms of
this Section 4, the Escrow Agent shall be relieved of all further obligations
and released from all liability under this Agreement."

            3. Information Sheet. Items 3 and 4 of the Escrow Agreement
Information Sheet is hereby amended to reflect the new offering terms as
follows:

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"3. The Securities:

      A minimum of 2,000,000 and a maximum of 3,000,000 shares of common stock,
$.001 par value per share ("Common Stock") at $.05 per share.

4. Type of Offering:

      Registration Statement on Form SB-2 filed under the Securities Act of
1933, as amended (the "Act"), registering 3,000,000 shares of Common Stock
offered directly by the Issuer's officers and directors on an all or none basis.
The offering shall terminate upon the earliest of occur of a date which is 120
days from the effective date of the Registration Statement, or the date on which
all of the shares are sold (the "Termination Date")."

      IN WITNESS WHEREOF, the parties hereto have caused the foregoing Amendment
to the Escrow Agreement to be signed by a duly authorized agent of each party.

Flagstick Ventures, Inc.

By: /s/ Jeff Arthur Jones                                  Dated: June 26, 2002
    -----------------------                                       --------------
Jeff Arthur Jones, President

Eiseman Levine Lehrhaupt & Kakoyiannis, P.C.

By: /s/ Joseph Sierchio                                    Dated: June 26, 2002
    -----------------------                                       --------------
    Joseph Sierchio

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<PAGE>

               CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

We hereby consent to the use in the Prospectus constituting part of this
Registration Statement on Amendment No. 2 to Form SB-2 of Flagstick Ventures,
Inc., of our report dated May 17, 2002 (which report contains an explanatory
paragraph relating to the ability of Flagstick Ventures, Inc. to continue as a
going concern) relating to the financial statements of Flagstick Ventures, Inc.
as of March 31, 2002 and for the year then ended. We also hereby consent to the
use in this Prospectus of our report dated May 17, 2002 relating to the
statements of operations, proprietor's capital, and cash flows of Jeff A Jones
d/b/a/ A and Z Golf (Flagstick Ventures, Inc.'s predecessor) for the twelve
months ended March 31, 2001. We also consent to the references to us under the
heading "Expert" in the Prospectus.

BERENFELD, SPRITZER, SHECHTER & SHEER

/s/ Berenfeld, Spritzer, Shechter & Sheer

Miami, Florida
August 6, 2002

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