Document:

Prepared by R.R. Donnelley Financial -- Asset Purchase Agreement

  Exhibit 10.54  
  ASSET PURCHASE AGREEMENT 
             This Asset Purchase Agreement, and referred to herein as the “Agreement”, is made and entered into and is hereby effective June 7, 2002, by and between eMerge
Interactive, Inc. and eMerge San Saba, Inc, referred to herein as the “Seller” and Kenneth G. Jordan (“Jordan”) and wife, Kynda R. Jordan and K. Jordan Enterprises, Inc. (“KJE”), together with Jordan and Kynda R.
Jordan, referred to herein as the “Buyers”. Buyers and Seller are referred to collectively herein as the “Parties”.
  BACKGROUND 
             A.   The Seller, among other businesses, is engaged in the business of purchasing cattle for resale through the Seller’s cattle auction operation in
San Saba, Brownwood and Mason, Texas (with the Seller’s business being referred to as “Jordan Cattle Auction Business”).
             B.   Jordan Cattle Auction Business involves the buying and selling of cattle on a short term basis, and derives its profits primarily from buying and
reselling cattle and/or these services on behalf of other businesses on a commission basis. The Jordan Cattle Auction Business includes, without limitation, the activities known in the livestock industry as order buying, dealing, brokering, and
trading.
             C.   Buyers and Seller were Parties to an Agreement for the Purchase and Sale of Assets dated April 21, 2000, by
and between eMerge Interactive, Inc. and W.P. Land and Livestock, Inc. d/b/a Jordan Cattle Auction and Kenneth and Kynda Jordan and Willard and Peggy Jordan (the “Purchase Agreement”) Pursuant to the Purchase Agreement Seller purchased the
assets of the Jordan Cattle Auction Business from related entities of Buyers. Now, the Parties contemplate a transaction in which Buyers acquire all of those assets, that were purchased by Seller pursuant to that Agreement for the Purchase and Sale
of Assets dated April 21, 2000 as well as any other assets that relate to the Jordan Cattle Auction Business, whether acquired before or after April 21, 2000, save and except the excluded assets set forth in  Section 1.1  hereof (referred to
herein as “Excluded Assets”).
             Now, therefore, for good and valuable consideration the receipt and sufficiency of which are hereby
acknowledged and in consideration of the mutual covenants, representations, warranties and agreements contained herein, the Parties hereby agree as follows:
   ARTICLE 1  
  PURCHASE AND
SALE  
             1.1    Commitment to Sell and Assign . Upon the terms and subject to the conditions set forth in this
Agreement, Seller shall sell, transfer, assign, convey and deliver to Buyers all of the assets, properties, interests, business, goodwill, claims and other rights of Seller (other than the “Excluded Assets”) relating to the Jordan Cattle
Auction Business, whether tangible or intangible, vested or unvested, contingent or otherwise, real, personal or mixed, and wherever
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 located, whether or not reflected on the books and records of Seller and whether or not described in this Agreement as such existed as of the date hereof, together with additional
assets acquired from the date hereof to the Closing Date, including without limitation all right, title and interest of Seller in and to the specified assets, properties and rights set forth below (and referred to herein as the “Purchased
Assets”):

	 	(a)	 	All of those assets remaining in possession of Seller, except the Excluded Assets set forth in the last paragraph of this  Section 1.1 , that were purchased by Seller pursuant to the Purchase
Agreement.
	 	 	 
	 	(b)	 	All fixed assets, furniture, property, equipment, fixtures, leasehold improvements, tools, machinery, office equipment, plant and other tangible personal property related to or used in connection with the Jordan Cattle
Auction Business or located at the Jordan Cattle Auction facilities.
	 	 	 
	 	(c)	 	Seller’s interest in all real and personal property leases, equipment leases, rental agreements, sales and purchase orders and acknowledgments, permits, license and maintenance agreements, third party product
agreements, third party supply agreements and any and all other contracts or binding agreements related to the Jordan Cattle Auction Business.
	 	 	 
	 	(d)	 	All Intellectual Property (as defined in Section 8(A)) related to the Jordan Cattle Auction Business including, without limitation, a license to use the name “Jordan Cattle Auction” and the trade names and
trademarks descriptive of, and associated with, such name. 
	 	 	 
	 	(e)	 	All goodwill associated with the Jordan Cattle Auction Business.
	 	 	 
	 	(f)	 	All right, title and interest to the web page located at the uniform recourse locator address  http://www.jordancattle.com , and any e-mail address used by the Seller using the suffix
“@jordancattle.com”.
	 	 	 
	 	(g)	 	The real property and improvements thereon (the “Real Property”) as set forth in Improved Property Commercial Contract of even date herewith (the “Land Contract”) and attached hereto as  Exhibit A
.

 Notwithstanding the foregoing, the Purchased Assets shall not include: (i) all cash and cash equivalents of Seller; (ii) all accounts receivable of Seller; and (iii) all proprietary
rights in and to the premium sale process known as the “Jordan Premium Sale Model” and the trade names and trademarks descriptive of, and associated with, such name.
             1.2    Purchase Price . Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties, covenants and
agreements of the Seller, the Buyers shall pay to Seller at the Closing Date (i) the sum of Two Hundred Thousand Dollars and No/100s ($200,000) and (ii) the sum of One Million and No/100s ($1,000,000) in cash, as set forth in the Land Contract.
Additionally, KJE will purchase at book value for cash on the Closing Date, the current inventory as of the Closing Date, of trailers, feed and hay, EID Tags and Taggers, and hay racks. Seller shall also release any funds in any custodial account
established
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 prior to the Closing Date to Buyers as soon as practicable following the conclusion of any auction to which a custodial account relates.
             1.3    Additional Business Consideration . Seller will also be eligible to receive additional consideration (“Additional Consideration”)
as set forth in this Section 1.3. The Additional Consideration shall be determined by calculating the Taxable Income of KJE (as defined in Section 8(C)) and adding back to that Taxable Income the depreciation deduction, the amortization deduction,
any salary or bonuses paid to Jordan and any other unusual items not in the ordinary course of business (and herein referred to as the “Calculation Amount”) for each of the following three calculation periods (each, a “Calculation
Period”):
             (a)   July 1, 2002 to June 30, 2003;
             (b)   July 1, 2003 to June 30, 2004; and
             (c)   July 1, 2004 to June 30, 2005.
             If the
Calculation Amount exceeds $400,000.00 for any of the three Calculation Periods, KJE will pay Seller fifty percent (50%) of the “Calculation Amount” in excess of $400,000.00 for each of the Calculation Periods. This right to Additional
Consideration is personal to Seller and cannot be assigned or conveyed.
             As soon as reasonably practicable, but not later than 30 calendar
days after the Form 1120 U.S. Corporation Income Tax Return is filed by KJE for each of the Calculation Periods, Buyers will deliver to Seller (i) a copy of such Tax Return along with any supporting schedules, (ii) copies of the W-2’s that were
filed for the current Calculation Period, and a (iii) a statement setting forth in reasonable detail the computation of the Additional Consideration, if any, that Buyer calculates as owed to Seller pursuant to this Article (Calculation Statement).
(Items (i)-(iii) are herein collectively referred to as the “Supporting Documents”.)
             As soon as practicable, but not later than
25 calendar days after receipt of the Supporting Documents, Seller will inform Buyers in writing of any objection it has to the Calculation Statement for such Calculation Period, which objection, if any, will set forth in reasonable detail
Seller’s objections and the basis for those objections (an “Objection Notice”). If Seller so objects and the Parties do not resolve such objections on a mutually agreeable basis within 30 calendar days after the end of such
Calculation Period, then the disagreement will be resolved as soon as practicable thereafter, by an accounting firm of national reputation, which accounting firm will be selected jointly by Buyers on the one hand and Seller on the other hand, and in
no event may such accounting firm resolve the objection in a manner that would result in Taxable Income for such Calculation Period being greater or les ser in the aggregate than such amounts originally proposed by Buyers and Seller. The Parties
acknowledge that the scope of such accounting firm’s work will be limited to resolving the objections set forth in the Objection Notice. The decision of such accounting firm, which shall be set forth in writing, shall be final and binding upon
the Parties, and may be entered as a final judgment in any court of proper jurisdiction.
             If Seller does not object within 25 calendar days
to the Calculation Statement, then Buyers will pay the Additional Consideration set forth in the Calculation Statement within five (5) calendar days following the expiration of such 25 day period. If there is an objection within the 25 calendar
days, Buyer will pay Seller within five (5) calendar days after a resolution by the parties. If there is an objection within the 25 calendar days that is not resolved by the Parties,
 3

  Buyer will pay Seller within five (5) calendar days after a final and binding determination by the accounting firm selected pursuant to the procedures described in the preceding paragraph.

             1.4    Additional Consideration in the Event of Sale of Real Property . If, after the Closing Date and for a period
of three (3) years thereafter, Buyer sells either the Brownwood or Mason facilities, Buyer shall pay Seller Fifty Percent (50%) of the net sales proceeds from any sale that is an “all cash sale”. However, if Buyer sells either the
Brownwood or Mason facilities prior to the expiration of three years from Closing Date in an installment sale, contract for deed, or any other owner-financed type sale, Buyer will:

	 	(a)	 	Remit to Seller thirty percent (30%) of the payments if the pay-out is for five years or less;
	 	 	 
	 	(b)	 	Remit to Seller forty percent (40%) of the payments if the pay-out is for six (6) to ten (10) years; 
	 	 	 
	 	(c)	 	Remit to Seller fifty percent (50%) of the payments if the payout is for more than ten (10) years.

             This right to the additional consideration in the event of the sale of Real Property cannot be assigned or conveyed by Seller. 
             1.5    Liabilities . Seller shall retain and Buyers shall not assume any obligations or liabilities of Seller, other than with respect to the
Purchased Assets.
   ARTICLE 2  
  CLOSING  
             2.1   
Closing . Subject to the provisions and conditions of this Agreement, the Closing will take place at the office of Clayborne L. Nettleship, Attorney, 406 W. Wallace, San Saba, Texas 76877, on or before May 31, 2002, or on such other date as the
Parties to this Agreement agree in writing (referred to herein as the “Closing Date”).
             2.2    Deliveries at
Closing . Seller shall at the Closing Date execute and deliver to Buyers the following:

	 	(a)	 	Such instruments of sale, transfer, conveyance, and assignment as the Buyers and their counsel may reasonably request.
	 	 	 
	 	(b)	 	A certificate by the Secretary of State of Delaware that the Seller is existing and in good standing as a corporation; and
	 	 	 
	 	(c)	 	Possession of the Purchased Assets.

   ARTICLE 3  
  REPRESENTATIONS AND WARRANTIES OF SELLER  
             The Seller warrants and represents each of the statements set forth in this Article are true, correct, and complete and will be true, correct, and complete as of the
Closing Date.
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              3.1    Organization of Seller . The Seller is a corporation duly organized, validly existing,
and in good standing under the laws of the State of Delaware. 
             3.2    Authorization and Effect of Transaction . The
Seller has the full power and authority to execute, deliver and fully perform its obligations under this Agreement.
             3.3    Noncontravention . Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby
will (i) violate any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to which the Seller is subject or any provision of the charter
or bylaws of the Seller, or (ii) conflict with, result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement,
contract, lease, license, instrument, loan, or other arrangement to which the Seller is a party or by which it is bound or to which any of its assets is subject (or result in the imposition on any Security Interest (as defined in  Section 8(B)
)upon any of its assets). The Seller is not required to give any notice to, make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in order for the Parties to consummate the transactions
contemplated by this Agreement. 
             3.4    Title to Purchased Assets . The Seller has good and marketable title to each
of the Purchased Assets free and clear of any security interest or restriction on transfer.
             3.5    Kenneth G.
Jordan’s Employment Contract . Buyers and Seller agree that  Article 8. Noncompetition, Nonsolicitation, Non-Disclosure and Non-Intereference , of that certain Employment Agreement between eMerge Interactive, Inc. and Ken Jordan
(Kenneth G. Jordan) dated May 31, 2000 (the “Employment Agreement”) are hereby amended such that the provisions of such Article 8 shall not apply to Jordan’s purchase and operations of the Jordan Cattle Auction Business, but all other
provisions of such Article 8 and the Employment Agreement shall remain in full force and effect. If either Party so requests, Buyer and Jordan shall enter into an amendment to the Employment Agreement.
             3.6    Willard Jordan, Peggy Jordan, Kynda Jordan, and Ken Jordan’s Amended Non-Competition Agreement . Buyers and Seller agree that 
Article 7. Trade Secrets, Confidential and Proprietary Information, Covenants, Noncompetition, Nonsolicitation, and Nondisclosure  ,  of that certain Agreement for the Purchase and Sale of Assets between eMerge Interactive, Inc. and W.P.
Land and Livestock, Inc. d/b/a Jordan Cattle Auction and Kenneth and Kynda Jordan and Willard and Peggy Jordan dated April 21, 2000 (the “Purchase Agreement”) shall be amended such that the provisions of such Article 7 and the Purchase
Agreement shall not apply to Willard Jordan, Peggy Jordan, Kynda Jordan, and Ken Jordan as such may apply to Ken Jordan’s or KJE’s purchase and operation of the Jordan Cattle Auction business, but all other provisions of such Article 7.
shall remain in fu ll force and effect.
             3.7    Release of Liquidated Damage Provision . The Purchase Agreement
contains an article styled  Article 9(c). “Liquidated Damages ”. Such Article 9(c) provides for the payment of Liquidated Damages to the Seller (the then “Buyer”) in the event of certain events set out therein. Seller
hereby terminates and voids all obligations required by said Article 9(c) and Seller relinquishes and waives its right to enforce the obligations against Kenneth and Kynda Jordan
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 and Willard and Peggy Jordan, or W.P. Land and Livestock Company and any related entities pursuant to such Article 9(c).
   ARTICLE 4 

  REPRESENTATIONS AND WARRANTIES OF BUYERS  
             The Buyers warrant and represent to the Seller that each of the
statements contained in this article are true and correct. 
             4.1    Organization of Buyers . K. Jordan Enterprises,
Inc. is a corporation duly organized, validly existing, and in good standing under the laws of the State of Texas. 
             4.2    Authorization and Effect of Transaction . The Buyers have the full power and authority to execute, deliver and fully perform their
obligations under this Agreement.
             4.3    Noncontravention . Neither the execution and the delivery of this Agreement,
nor the consummation of the transactions contemplated hereby will (i) violate any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
which any Buyers is subject or any provision of the charter or bylaws of any Buyer, or (ii) conflict with, result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate,
modify, or cancel, or require any notice under any agreement, contract, lease, license, instrument, loan, or other arrangement to which any Buyer is a party or by which any Buyer is bound or to which any of such Buyer’s assets is subject (or
result in the imposition on any Security Interest upon any of its assets). Th e Buyers are not required to give any notice to, make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in order
for the Parties to consummate the transactions contemplated by this Agreement. 
   ARTICLE 5  
  SURVIVAL AND INDEMNIFICATION  
             5.1    Survival . All representations, covenants, warranties, indemnifications and obligations contained in this Agreement or in any certificate,
document, or statement delivered pursuant to this Agreement shall survive for a period of twelve months following the Closing Date, and, in the event of a Party’s breach of this Agreement resulting in the termination of this Agreement, such
representations, covenants, warranties, indemnifications, and obligations shall further survive the termination of this Agreement, shall continue in full force and effect for a period twelve months following such termination.
             5.2    Indemnification . Seller hereby agrees to indemnify, defend, and hold harmless the Buyers and Jordan, in Jordan’s
capacity as an officer of the Seller, from any and all losses, damages, liabilities and claims and all fees, costs, and expenses of any kind (including all attorney’s fees) that arise out of, are based on, or result, from the transactions
contemplated by this Agreement, solely by reason of any claim of a conflict of interest based on the fact that Jordan was Executive Vice President of eMerge Interactive, Inc. and therefore an affiliate of Seller at the time of the transactions
contemplated by this Agreement.
 6

  
   ARTICLE 6  
  TERMINATION OF AGREEMENT  
             The Parties may terminate this Agreement as provided for below:

	 	(a)	 	Buyers and Seller may terminate this Agreement by mutual written consent prior to the Closing Date.
	 	 	 
	 	(b) 	 	Buyer may terminate this Agreement prior to Closing Date in the event that (i) Seller breaches or has breached any representation, warranty, or covenant contained in this Agreement or (ii) if the Improved Commercial
Property Contract is terminated pursuant to the provisions contained therein or (iii) the Closing Date shall not have occurred thirty (30) days from the date of this Agreement.
	 	 	 
	 	(c)	 	Seller may terminate this Agreement prior to Closing Date in the event that (i) Buyers breach or have breached any representation, warranty, or covenant contained in this Agreement or (ii) if the Improved Commercial
Property Contract is terminated pursuant to the provisions contained therein or (iii) the Closing Date shall not have occurred thirty (30) days from the Date of this Agreement.

  
ARTICLE 7  
  MISCELLANEOUS  
             A.    Entire Agreement . This Agreement and the Improved
Commercial Property Contract of even date (including the agreements referred to herein) constitutes the entire agreement with the Parties and supercedes any prior understandings, agreements, or representations by or between the Parties, written or
oral, to the extent they related in any way to the subject matter hereof.
             B.    Successions and Assignment . This
Agreement shall be binding upon and inure to the benefit of the Parties named herein and their respective successors and permitted assigns. No Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without
the prior written approval of the other Party.
             C.    Counterparts . This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. All facsimile executions shall be treated as originals for all purposes.
             D.    Headings . The section headings contained in this Agreement are inserted for convenience only and shall not affect in any way the meaning or
interpretation of this Agreement.
             E.    Governing Law . This Agreement shall be governed by and construed in
accordance with the laws of the State of Texas. 
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             F.    Amendments . No amendments of any provision of this Agreement shall be valid unless
reduced to writing and signed by both Buyers and Seller.
             G.    Severability . Any term or provision of this Agreement
that is found to be invalid or unenforceable shall not affect the validity or enforceability of the remaining terms and provisions.
   ARTICLE 8  
  DEFINITIONS  
             A.    “Intellectual Property”  means all of the following only as it pertains to the Jordan Cattle Auction Business: (a)
all inventions (whether patentable or unpatentable and whether or not reduced to practice), all improvements thereto, and all patents, patent applications, and patent disclosures, together with all reissuances, continuations, continuations-in-part,
revisions, extensions, and reexaminations thereof, (b) all trademarks, service marks, trade dress, logos, trade names, and corporate names (whether or not registered), together with all translations, adaptations, derivations, and combinations
thereof and including all goodwill associated therewith, and all applications, registrations, and renewals in connection therewith, (c) all copyrightable works, all copyrights, and all applications, registrations, and renewals in connections
herewith, (d) all mask works and all applications, registrations, and renewals in connection herewith, (e) all trade secrets and confidential business information (including ideas, research and development, know-how, formulas, compositions,
manufacturing and production processes and techniques, technical data, designs, drawings, specifications, customer and supplier lists, pricing and cost information, and business and marketing plans and proposals), (f) all computer software
(including data and related documentation), (g) all other proprietary rights, and (h) all copies and tangible embodiments thereof (in whatever form or medium).
             B.    “Security Interest”  means any mortgage, pledge, lien, encumbrance, charge, or other security interest.
             C.    “Taxable Income”  is gross income reduced by adjustments and allowable deductions. It is the income against which
tax rates are applied to compute an entity’s tax liability.
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             IN WITNESS WHEREOF, the Parties hereto have executed this Agreement. 

	 	 	 BUYERS: 	 
	 	 	KENNETH G. JORDAN, Individually	 
	 	 	 	 
	 	 	/s/  Kenneth G.
Jordan                                       
    	 
	 	 	Kenneth G. Jordan	 
	 	 	 	 
	 	 	KYNDA R. JORDAN, Individually	 
	 	 	 	 
	 		/s/  Kynda R.
Jordan                                       
       	 
	 	 	Kynda R. Jordan	 
	 	 	 	 
	 	 	Date signed by Buyers: June 7, 2002	 
	 	 	 	 
	 	 	K. JORDAN ENTERPRISES, INC., a
 ________________ corporation	 
	 	 	 	 
	 	 	By:  /s/  Kenneth G.
Jordan                                   	 
	 	 	Name: Kenneth G.
Jordan                                     	 
	 	 	Title:
  President                                    
                	 
	 	 	 	 
	 	 	Date signed by Buyer:  June 7, 2002	 
	 	 	 	 
	 	 	 SELLER: 	 
	 	 	 EMERGE INTERACTIVE INC. , a
 Delaware Corporation	 
	 	 	 	 
	 	 	By: /s/  David C.
Warren                                      
 	 
	 	 	Name: David C.
Warren                                       
 	 
	 	 	Title:
  CEO                                     
                       	 
	 	 	 	 
	 	 	Date signed by Seller:  June 7, 2002	 

 
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	 	 	 EMERGE SAN SABA, INC. ,
 a Delaware Corporation	 
	 	 	 	 
	 	 	By:  /s/ David C.
Warren                        	 
	 	 	Name: David C. Warren                         	 
	 	 	Title:
CEO                                       
        	 
	 	 	 	 
	 	 	Date signed by Seller: June 7, 2002	 

 10Exhibit 10.2

Dear Kevin,

     As an Employment Contract dated 04/01/02, Internet Development, Inc.,
(the "Company") is pleased to offer you employment.  This offer is made on the
following terms:

     Position - You will serve in a full-time capacity as Chairman of the
Board of Directors of Internet Development, Inc. (The "Company") effective
April 01, 2002.  By signing this employment agreement, you represent and
warrant to the Company that you are under no contractual commitments
inconsistent with your obligations to the Company.

     Signing Bonus - Upon acceptance of this agreement the Board of Directors
has approved a Signing Bonus of 35,000 dollars.  This is a one-time payment
and is not to be considered as part of any ongoing commitment for
compensation.  This payment will be made upon completion of your six month
anniversary, so long as you are still employed by the company and performing
your responsibilities as outlined in this employment agreement.  Unless
written notification is provided indicating that you are not performing your
employment obligations this Signing Bonus will be paid in full on October 1,
2002.

     Salary - Your target annual cash compensation, including base salary,
will be $225,000.00.  Your base salary will be paid twice monthly at the
annualized rate of $150,000.00.  In addition to your base salary you will be
eligible to earn commissions of $4,000.00 per month.  Your commission plan
will be tied to objectives set by the Board of Directors.  The Company agrees
to pay your full commission for the first 90 days of employment while
performance criteria and the Company is developing business plans.  The
Company agrees that you will always receive at least 50 percent of your target
commission, so long as you are employed and in good standing with the Company.
The remaining 50 percent will be discretionary, based on specific objectives,
which will be determined by the Board of Directors.  If the Board fails, in
any given month, to provide you with written monthly commission objectives,
outlining the specific criteria by which you are to be measured, the Company
will be obligated to pay you 100 percent of your monthly commission target
($4,000.00 per month).

     Incentive Bonuses - In addition to your base salary and commission you
will be eligible for an annual incentive bonus of 27,000 dollars.  Such bonus
shall be awarded based on objectives and criteria established in advance by
the Board of Directors, and may be in the form of either cash or stock.  If
the Board fails to provide written objectives in a document, which both
parties sign and agree with, then your annual bonus will be paid in full.

     Stock Options - The Company's Board of Directors has agreed to grant you
an option to purchase a certain number of shares of the Company's Common
Stock, which will be approximately nine percent of the Company's issued and
outstanding shares.  The total number of options in 2002 will not exceed One
Million Shares.  The options will be subject to the terms and conditions
applicable to options granted that will be defined within the Company's 2002
Stock Plan, as described in that Plan and the applicable stock option
agreement.  All of these options are vested immediately and can be immediately
exercised at your discretion.  The strike price for said options is twenty
cents per share.  The Board of Directors will determine a leak out agreement,
which will specify the number of shares that you will be allowed to sell in
any given quarter.  All SEC regulations and requirements will supercede any
terms outlined in this agreement and will govern the terms required for the
selling of options granted to you in this employment contract.  The terms
described in this paragraph will survive any merger or acquisition.

     Vacation and Employee Benefits - During the term of your employment, you
will be eligible for paid vacations in accordance with the Company's policy
for executives and officers of the company. The current executive plan allows
for 4 weeks of vacation, with two-weeks accrual from year to year if unused by
December 31, 2002.  Sick leave will accrue at six days per year.  During the
term of your employment, you will also be eligible to participate in our
executive medical and dental benefit plans, which will be paid in full by the
Company, along with all other benefit programs which may be offered by the
Company.

     Severance - In the event that the Company, with or without cause,
terminates your employment, you shall be entitled to receive full compensation
based on your full target package ($225,000 per year) for a period of four
months following the date of said termination.  However, in the event that you
terminate your employment with the Company of your own volition, you shall not
be entitled to any form of severance compensation.

     Proprietary Information and Inventions Agreement - Like all Company
employees you will be required, as a condition to your employment with the
Company, to sign the Company's standard Proprietary Information and Inventions
Agreement.

     Period of Employment - Your employment with the Company will be "at will"
in that either you or the Company will be entitled to terminate your
employment at any time and for any reason, with or without cause.  Any
contrary representations which may have been made to you are superseded by
this agreement.  This is the full and complete agreement between you and the
Company on this term.

     Withholding Taxes - All forms of compensation referred to in this letter
are subject to reduction to reflect applicable withholding and payroll taxes.

     Entire Agreement - This letter contains all of the terms of your
employment with the Company and supersedes any prior understandings or
agreements, whether oral or written, between you and the Company.

     Amendment and Governing Law - This letter agreement may not be amended or
modified except by an express written agreement signed by you and a duly
authorized officer of the Company.  The term of this letter agreement and the
resolutions of any disputes will be governed by the State of Utah.

     Please acknowledge your acceptance of this agreement by signing below.
This agreement is deemed to be in full force and effect at the time and date
you execute this agreement.  The Board of Directors has approved the terms of
this agreement and your signature below obligates the Company to all of the
terms and conditions of this employment contract.

                            /s/ Kevin R. Griffith
Accepted By:                ____________________________________
                            Kevin R. Griffith

Date:                       April 01, 2002

Approved and Accepted By:   /s/ Steve Comer
                            _____________________________________
                            Steve Comer

Company:                    Internet Development, Inc.
Title:                      President and Chief Executive Officer
Date:                       April 01, 2002

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