Document:

THIRD AMENDED AND RESTATED WARRANT PURCHASE AGREEMENT
              -----------------------------------------------------

     THIS THIRD AMENDED AND RESTATED WARRANT PURCHASE AGREEMENT (this
"Agreement") is entered into as of the 18th day of April 2006, by and between
InterAmerican Acquisition Group Inc., a Delaware corporation (the "Company"),
and InterAmerican Capital Partners II LLC, a Delaware limited liability company
("ICP").

                              W I T N E S S E T H:
                              --------------------

         WHEREAS, the Company intends to sell in an initial public offering
("IPO") of units consisting of one share of common stock, par value $0.0001 per
share (the "Common Stock") and two warrants to purchase shares of the Company's
common stock (the "Units");

         WHEREAS, in order to induce institutional investors to invest in the
IPO, ICP has agreed to purchase warrants (the "Warrants") to purchase shares of
Common Stock with terms substantially similar to the terms of the warrants
included as part of the units to be sold in the IPO;

         WHEREAS, the Company shall issue and sell to ICP, and ICP agrees to
purchase, the Warrants, subject to the terms and conditions set forth below;

         WHEREAS, on October 21, 2005, the Company and ICP entered into a
Warrant Purchase Agreement (the "Original Agreement");

         WHEREAS, the Company and ICP are parties to that certain Second Amended
and Restated Warrant Purchase Agreement, dated as of April 18, 2006 (the "Second
Amended Agreement"), and the Amended and Restated Warrant Purchase Agreement,
dated as of dated December 5, 2005 (the "First Amended Agreement"), which
amended and restated the Original Agreement in its entirety; and

         WHEREAS, the Company and ICP desire to further amend and restate the
Second Amended and Restated Warrant Purchase Agreement.

         NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements hereinafter set forth and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto hereby agree as follows:

         1. Purchase Price. On the basis of the representations, warranties,
covenants and agreements, and subject to the terms and conditions set forth
herein, upon the Closing hereof (as that term is defined in Section 2 below),
the Company agrees to sell, transfer, convey and deliver to ICP or cause to be
delivered to ICP and ICP agrees to purchase, acquire and accept delivery from
the Company of the Warrants for an aggregate purchase price of One Million Three
Hundred Thousand Dollars ($1,300,000) (the "Purchase Price"). The Purchase Price
shall be payable by ICP to the Company in full at Closing. The number of
Warrants to be issued to ICP at the Closing shall equal the quotient of (i) the
Purchase Price and (ii) the average of the daily volume weighted average price
of the Warrants during the thirty trading days preceding the Closing; provided,
that (A) if the average of the daily volume weighted average price of the
Warrants during the thirty trading days preceding the Closing is less than
$0.40, then the average of the daily volume weighted average price of the
Warrants for such thirty trading day period shall be deemed to be $0.40, or (B)
if the average of the daily volume weighted average price of the Warrants during
the thirty trading days preceding the Closing is greater than $0.60, then the
average of the daily volume weighted average price of the Warrants for such
thirty trading day period shall be deemed to be $0.60.

         2. Closing for Sale of the Warrants. The closing for the purchase and
sale of the Warrants shall occur forty-five (45) days after the commencement of
the separate trading of the securities comprising the Units at the offices of
the Company or at such other mutually convenient time or at such other mutually
convenient place as agreed upon by the parties (the "Closing"). At the Closing,
the Company shall deliver or cause to be delivered to ICP one or more
certificates representing the Warrants of the Company registered in ICP's name,
and ICP shall pay the Purchase Price.

         3. Representations and Warranties of the Company. In order to induce
ICP to enter into this Agreement and to purchase the Warrants, the Company
hereby represents and warrants to ICP as follows:

                  (a) The Company is a corporation duly organized, validly
existing and in good standing under the laws of the State of Delaware and has
all requisite corporate power and authority to own its properties and assets and
to carry on its business as now conducted and as presently proposed to be
conducted.

                  (b) All corporate action on the part of the Company's
directors and stockholders necessary for the authorization, execution, delivery

of, and the performance of all obligations of the Company under, this Agreement
and the Warrants, has been taken or will be taken prior to the Closing, and this
Agreement constitutes, and the Warrants when executed and delivered, will
constitute, valid and legally binding obligations of the Company, enforceable in
accordance with their respective terms, except as may be limited by (i)
applicable bankruptcy, insolvency, reorganization or other laws of general
application relating to or affecting the enforcement of creditor's rights
generally and (ii) the effect of rules of law governing the availability of
equitable remedies.

                  (c) The Company has the corporate power to execute and deliver
this Agreement and the Warrants to be purchased by ICP hereunder, to issue the
Warrants and to carry out and perform all its obligations under this Agreement
and the Warrants.

                  (d) The Company is not in violation or default of any
provisions of its Certificate of Incorporation or Bylaws or in any material
respect of any instrument, judgment, order, writ, decree, or contract to which
it is a party or by which it is bound. The execution, delivery and performance
of and compliance with this Agreement and the Warrants have not resulted and
will not result in any material violation of, or conflict with, any instrument,
judgment, order, writ, decree, or contract to which the Company is a party or by
which the Company is bound.

         4. Representations and Warranties of ICP. In order to induce the
Company to enter into this Agreement and to sell the Warrants, ICP hereby
represents and warrants to the Company as follows:

         (a) ICP is a limited liability company, duly organized, validly
existing and in good standing under the laws of Delaware. The Company (i) has
full power and authority to own and operate its properties and assets and to
conduct and carry on its business as it is now being conducted and operated, and
(ii) is duly qualified to do business and is in good standing, and is duly
licensed, authorized or qualified to transact or conduct business, in each
jurisdiction in which the ownership or lease of real property or the conduct of
its business requires it to be so licensed, authorized or qualified.

         (b) This Agreement constitutes ICP's valid and legally binding
obligation, enforceable in accordance with its terms except as may be limited by
(i) applicable bankruptcy, insolvency, reorganization or other laws of general
application relating to or affecting the enforcement of creditors' rights
generally and (ii) the effect of rules of law governing the availability of
equitable remedies. ICP represents that it has full power and authority to enter
into this Agreement.

         (c) The Warrants and the shares of the Company's capital stock issuable
upon exercise of the Warrants (collectively, the "Securities") will be acquired
for investment for ICP's own account, not as a nominee or agent, and not with a
view to the public resale or distribution thereof within the meaning of the Act.

         (d) ICP is an "accredited investor" within the meaning of Regulation D
promulgated under the Act.

         (e) ICP understands that the Securities are characterized as
"restricted securities" under the Act and Rule 144 promulgated thereunder
inasmuch as they are being acquired from the Company in a transaction not
involving a public offering, and that under the Act and applicable regulations
thereunder

                                      -2-

such securities may not be resold without registration under the Act only in
certain limited circumstances. The certificates for such Warrants shall contain
a legend indicating such restriction on transferability.

         5. Registration Rights; Warrant Agent. The Warrants and the shares of
Common Stock issuable upon exercise of the Warrants shall be registered by the
Company pursuant to a Registration Rights Agreement between the Company and ICP.
Prior to the date that the Securities and Exchange Commission declares the
registration statement effective, ICP will enter into a warrant agreement, or
amend any existing warrant agreement between the Company and Continental Stock
Transfer & Trust Company, as warrant agent (the "Warrant Agent"), to provide
that the Warrant Agent shall act on behalf of the Company in connection with the
issuance, registration, transfer, exchange, redemption and exercise of the
Warrants.

         6. Warrant Adjustments.

         6.1. Stock Dividends; Split-Ups. If after the date hereof, and subject
to the provisions of Section 6.6 below, the number of outstanding shares of
Common Stock is increased by a stock dividend payable in shares of Common Stock,
or by a split-up of shares of Common Stock, or other similar event, then, on the
effective date of such stock dividend, split-up or similar event, the number of
shares of Common Stock issuable on exercise of each Warrant shall be increased
in proportion to such increase in outstanding shares of Common Stock.

         6.2. Aggregation of Shares. If after the date hereof, and subject to
the provisions of Section 6.6, the number of outstanding shares of Common Stock
is decreased by a consolidation, combination, reverse stock split or
reclassification of shares of Common Stock or other similar event, then, on the
effective date of such consolidation, combination, reverse stock split,
reclassification or similar event, the number of shares of Common Stock issuable
on exercise of each Warrant shall be decreased in proportion to such decrease in
outstanding shares of Common Stock.

         6.3 Adjustments in Exercise Price. Whenever the number of shares of
Common Stock purchasable upon the exercise of the Warrants is adjusted, as
provided in Section 6.1 and 6.2 above, the warrant exercise price shall be
adjusted (to the nearest cent) by multiplying such warrant exercise price
immediately prior to such adjustment by a fraction (x) the numerator of which
shall be the number of shares of Common Stock purchasable upon the exercise of
the Warrants immediately prior to such adjustment, and (y) the denominator of
which shall be the number of shares of Common Stock so purchasable immediately
thereafter.

         6.4. Replacement of Securities upon Reorganization, etc. In case of any
reclassification or reorganization of the outstanding shares of Common Stock
(other than a change covered by Section 6.1 or 6.2 hereof or that solely affects
the par value of such shares of Common Stock), or in the case of any merger or
consolidation of the Company with or into another corporation (other than a
consolidation or merger in which the Company is the continuing corporation and
that does not result in any reclassification or reorganization of the
outstanding shares of Common Stock), or in the case of any sale or conveyance to
another corporation or entity of the assets or other property of the Company as
an entirety or substantially as an entirety in connection with which the Company
is dissolved, the Warrant holders shall thereafter have the right to purchase
and receive, upon the basis and upon the terms and conditions specified in the
Warrants and in lieu of the shares of Common Stock of the Company immediately
theretofore purchasable and receivable upon the exercise of the rights
represented thereby, the kind and amount of shares of stock or other securities
or property (including cash) receivable upon such reclassification,
reorganization, merger or consolidation, or upon a dissolution following any
such sale or transfer, that the Warrant holder would have received if such
Warrant holder had exercised his, her or its Warrant(s) immediately prior to

                                      -3-

such event; and if any reclassification also results in a change in shares of
Common Stock covered by Section 6.1 or 6.2, then such adjustment shall be made
pursuant to Sections 6.1, 6.2, 6.3 and this Section 6.4. The provisions of this
Section 6.4 shall similarly apply to successive reclassifications,
reorganizations, mergers or consolidations, sales or other transfers.

         6.5. Notices of Changes in Warrant. Upon every adjustment of the
warrant exercise price or the number of shares issuable upon exercise of a
Warrant, the Company shall give written notice thereof to the Warrant Agent,
which notice shall state the warrant exercise price resulting from such
adjustment and the increase or decrease, if any, in the number of shares
purchasable at such price upon the exercise of a Warrant, setting forth in
reasonable detail the method of calculation and the facts upon which such
calculation is based. Upon the occurrence of any event specified in Sections
6.1, 6.2, 6.3 or 6.4, then, in any such event, the Company shall give written
notice to each Warrant holder, at the last address set forth for such holder in
the warrant register, of the record date or the effective date of the event.
Failure to give such notice, or any defect therein, shall not affect the
legality or validity of such event.

         6.6. No Fractional Shares. Notwithstanding any provision contained in
this Agreement to the contrary, the Company shall not issue fractional shares
upon exercise of Warrants. If, by reason of any adjustment made pursuant to this
Section 6, the holder of any Warrant would be entitled, upon the exercise of
such Warrant, to receive a fractional interest in a share, the Company shall,
upon such exercise, round up to the nearest whole number the number of the
shares of Common Stock to be issued to the Warrant holder.

         6.7. Form of Warrant. The form of Warrant need not be changed because
of any adjustment pursuant to this Section 6, and Warrants issued after such
adjustment may state the same warrant exercise price and the same number of
shares as is stated in the Warrants initially issued pursuant to this Agreement.
However, the Company may at any time in its sole discretion make any change in
the form of Warrant that the Company may deem appropriate and that does not
affect the substance thereof, and any Warrant thereafter issued or
countersigned, whether in exchange or substitution for an outstanding Warrant or
otherwise, may be in the form as so changed.

         7. Miscellaneous.

         (a) ICP agrees that it will not sell, transfer or otherwise dispose of
the Warrants or any shares of Common Stock issuable upon exercise of the
Warrants until after the Company has consummated a merger, capital stock
exchange, asset acquisition or other similar business combination as
contemplated by the registration statement on Form S-1 filed in connection with
the IPO. The certificates for such Warrants shall contain a legend indicating
such restriction on transferability.

         (b) This Agreement (i) cannot be amended, modified or terminated except
in writing signed by both of the parties hereto, (ii) sets forth the entire
understanding of the parties with respect to the subject matter hereof and (iii)
supersedes any and all prior agreements or arrangements with respect thereto.

         (c) This Agreement constitutes the entire agreement of the parties with
respect to the subject matter hereof and supersedes any and all prior written or
verbal agreement with respect to the subject matter hereof including without
limitation the Original Agreement, the First Amended Agreement and the Second
Amended Agreement.

         (d) The parties agree to execute and deliver such other and further
documents and to take such action as may be reasonably necessary or desirable to
give effect to any of the provisions of this Agreement.

         (e) If any provisions of this Agreement shall be held to be invalid or
unenforceable, such invalidity or unenforceability shall attach only to such
provision and shall not in any way affect or render invalid or unenforceable any
other severable provision of this Agreement, and this Agreement shall be carried
out as if any invalid or unenforceable provision were not embodied herein.

                                      -4-

         (f) The Section headings contained herein are for the purposes of
convenience only and are not intended to define or limit the contents thereof.

         (g) This Agreement shall be governed by, construed and enforced in
accordance with the internal laws of the State of Delaware, without reference to
principles of conflict of laws.

         (h) This Agreement shall be binding upon and inure solely to the
benefit of the parties hereto and their respective successors and permitted
assigns.

         (i) This Agreement may be executed in one or more counterparts, each of
which shall be deemed to be an original, but all of which shall constitute one
and the same

         IN WITNESS WHEREOF, the parties hereto have duly executed this
Agreement as of the day and year first above written.

                                    INTERAMERICAN ACQUISITION GROUP INC.

                                    By: /s/ William C. Morro
                                    Name: William C. Morro
                                    Title: Chief Executive Officer

                                    INTERAMERICAN CAPITAL PARTNERS II LLC

                                    By: /s/ William C. Morro
                                    Name: William C. Morro
                                    Title:  Managing Member

                                      -5-Table of Contents
Exhibit
10.14

Handheld Entertainment, Inc.
CONTRACT FOR CONSULTING
SERVICES

		
	Name of Consultant: 	William J.
Bush
 1134 Glen Road
Lafayette. CA
94549
USA

Effective Dates of Contract:   December
1,  2005 through November  30,
2006

Handheld Entertainment, Inc., a California
Corporation (HHE) and Consultant
(‘‘Consultant’’) agree as
follows:

		
	1. 	Services and
Fees:

a.    The services that Consultant will perform,
and the fees which HHE will pay to Consultant in return for those
services, are described in the ‘‘Description of Work and
Compensation’’ attached as Exhibit A to this Contract for
Consulting Services (‘‘the
Contract’’).

b.    If HHE and Consultant
anticipate working together on more than one project, additional
exhibits describing such projects may be made a part of the Contract.
Each additional exhibit must be signed by both parties to be
valid.

c.    Consultant is an independent contractor, not an
employee of HHE, and no employment relationship is created by the
Contract.

		
	2. 	Term: The term of the
Contract is twelve months, beginning on December  1,  2005
and ending on November  30,  2006, unless the Contract is
terminated by one or both of the parties pursuant to the terms of the
Contract.

		
	3. 	Work: HHE will provide
Consultant with specifications for the accomplishment of the
Description of Work ‘found in Exhibit A. Upon HHE’s
acceptance of the Work, HHE shall pay Consultant the compensation as
provided for in
Exhibit A.

		
	4. 	Termination:

a.    HHE
may terminate the Contract immediately if Consultant or any of its
employees or agents:

			
		i 	Breaches the
confidentiality provisions of the Contract;

			
		ii 	Is
late in the delivery of work or if delivered work quality is
unacceptable; or

			
		iii 	Engages in any activity that
could lead to termination ‘‘for cause’’ as
set forth in HHE’s Employee Handbook.

In the event
that the Contract is terminated by HHE for any of the above reasons,
Consultant will be paid only for work delivered and approved by HHE up
to the date of such termination.

b.    HHE may terminate the
Contract without any reason by giving fifteen (15) days written notice
to Consultant. If HHE terminates the Contract for convenience and
without cause, HHE will pay Consultant the remaining term of the
contract, pursuant to the payment terms contained in Exhibit
A.

c.    Consultant may terminate the Contract at any time,
for any reason, by giving thirty (30) days written notice to HHE.
Should Consultant terminate the Contract in this manner, Consultant
will be paid only for work delivered and approved by HHE up to the date
of such termination.

		
	5. 	Relationship of
Parties:

a.    Consultant shall retain independent
professional status throughout the Contract and shall use its own
discretion in performing the tasks assigned. Consultant is not an
employee or agent of HHE at 

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any time while the Contract is in effect.
Consultant is not entitled to the rights or benefits afforded to
HHE’s employees, including disability insurance, unemployment
insurance, worker’s compensation, medical insurance, sick leave
or any other HHE employment benefit.

b.    Consultant shall
perform the services required by the Contract at any place or location
and at such times as Consultant shall determine, with
Consultant’s own equipment and supplies. Any temporary provision
of facilities or equipment to Consultant by HHE for the performance of
Consultant’s duties will not be evidence of an employer/employee
relationship.

c.    Consultant will report as income to the
appropriate government agencies all compensation received pursuant to
the Contract and will pay all applicable U.S. taxes. HHE will not make
deductions from its fees to Consultant for any
taxes.

d.    In the event Consultant employs any assistants
to perform under the Contract, such assistants must comply with all
provisions of the Contract. All assistants shall be under the direct
control of Consultant, but shall also be answerable and be subject to
direction or suggestions made by HHE. Consultant assumes full and sole
responsibility for the payment of all assistant compensation, expenses,
local, state and federal income tax, unemployment, and workers’
compensation insurance, Social Security, disability insurance, and any
other applicable
withholdings.

6.    Indemnification: Consultant
and HHE each shall indemnify, defend and hold the other party harmless
from and against any claim, liability, injury, damages, costs or
attorneys’ fees that may be incurred or demanded of either party
as a result of the other party’s (or the other party’s
agents’, representatives’ or employees’)
negligence, improper conduct, intentional acts or omissions, failure to
comply with any law, or as a result of any claims relating to the
originality or ownership of the work performed hereunder by Consultant
or its
assistants.

		
	7. 	Confidentiality:

a.    Consultant
will not improperly disclose any HHE Confidential Information and will
take all reasonable precautions to prevent its unauthorized
dissemination, both during and after the Contract. Consultant will
limit the internal distribution of HHE Confidential Information to its
employees and agents who have a need to know. Consultant will not to
use any HHE Confidential Information for its own benefit or for the
benefit of anyone other than HHE. Consultant will not design or
manufacture any products, which incorporate any HHE Confidential
Information without the express, written consent of
HHE.

b.    HHE Confidential Information means information
relating to the research, development, products, methods of
manufacture, trade secrets, business plans, customers, finances, and
personnel data related to the business or affairs of HHE, including but
not limited to any and all information related to the HHE products. HHE
Confidential Information does not include any information: (i) which
Consultant knew before HHE disclosed it to Consultant;
(ii) which has become publicly known through no wrongful act of
Consultant; or (iii) which Consultant developed independently, as
evidenced by appropriate documentation.

c.    All HHE
Confidential Information remains the property of HHE and no license or
other rights in the Confidential Information is granted hereby. All
information is provided ‘‘AS IS’’ and
without any warranty, express, implied, or otherwise, regarding its
accuracy or performance. Further, upon HHE’s written request,
Consultant agrees to return to HHE all HHE Confidential Information,
including but not limited to all computer programs, documentation,
notes, plans, drawings, and copies
thereof.

		
	8. 	Works For Hire and
Originality:

a.    HHE recognizes that Consultant may
have pre-existing property rights in certain materials, products, and
courseware, etc. which Consultant uses in performing the Contract
(‘‘Consultant’s Related Rights’’).
HHE does not intend to abrogate or take away such rights. To protect
such rights, Consultant will list the materials, products, and
courseware, etc., to which Consultant claims pre-existing property
rights. That list of Consultant’s Related Rights will be
attached as Exhibit B to the Contract.

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b.    Other than the information listed
in Exhibit B to the Contract, all of Consultant’s work under
this Contract, including without limitation notes, reports,
documentation, drawings, computer programs (source code, object code
and listings), derivatives of pre-existing copyrighted works of
Consultant, customer lists, inventions, creations, works, devices,
masks, models, work-in-progress, and deliverables
(‘‘Works’’) shall be considered work made
for hire for HHE, as defined in Section 101 of the Copyright Act of
1976, and all such Works shall be the property of
HHE.

c.    HHE shall be the proprietor of all Works not
listed in Exhibit B and of all rights therein throughout the world
including, without limitation, the copyright and all rights under
copyright therein, and the specific right of reproduction provided in
California Civil Code section 982.

d.    Consultant expressly
assigns to HHE all right, title, and interest, including without
limitation all rights under copyright, in and to the Works, and
specifically waives any and all ‘‘artist’s
rights’’ that the Consultant may have pursuant to any
state or federal statutes regarding the Works.

e.    During
and after the Contract, Consultant will assist HHE in every reasonable
way, at HHE’s expense, to secure, maintain and defend for
HHE’s benefit all copyrights, patent rights, mask work rights,
trade secret rights and other applicable proprietary rights in and to
the Works.

f.    Consultant represents and warrants that its
services rendered hereunder will consist of work original to Consultant
and/or its assistants, and that none of the results and proceeds of
Consultant’s and/or its assistants’ services will
infringe upon or violate any contracted, proprietary, personal or other
right of any third party.

9.    License to Use
Consultant’s Related Rights: Consultant hereby grants HHE,
and its subsidiaries, licensees and affiliates, a royalty-free,
irrevocable, perpetually worldwide, non-exclusive license to use,
disclose, reproduce, modify, license and distribute Consultant’s
Related Rights as listed in Exhibit B. Consultant will indemnify, hold
harmless and, at HHE’s request, will defend HHE and its
subsidiaries, licensees and affiliates from and against all claims,
liabilities, damages, losses and expenses including, but not limited to
reasonable attorneys’ fees and costs of suit, arising out of or
in connection with all claims that the use or disclosure of
Consultant’s Related Rights violates any third party
rights.

		
	10. 	Miscellaneous:

a.    Prohibition
of Assignment: Neither Consultant or HHE may assign or delegate
any of its rights or obligations under the Contract without first
obtaining the written consent of the other
party.

b.    No Conflict: Consultant will not engage
in any consulting services or enter into any other contract that would
materially interfere with the commitment of time and energy required by
Consultant to timely complete Consultant’s obligations under the
Contract.

c.    Governing Law: California law will
govern the Contract.

d.    Severability: If any
provision of the Contract is found by a court of competent jurisdiction
to be unenforceable for any reason, the remainder of the Contract shall
continue in full force and effect.

e.    Dispute
Resolution:

			
		i 	Arbitration: Except
for any claim by HHE that Consultant has breached the terms of
Paragraph 7 of the Contract, the parties agree to submit any dispute
arising out of or in connection with the Contract to binding
arbitration in San Francisco County, California before the American
Arbitration Association, (‘‘AAA’’) under
the then standing Commercial Arbitration Rules of the AAA. The
‘‘prevailing party’’ if any, in any
arbitration will be entitled to the recovery of its costs and
reasonable attorneys’ fees from the other party. Any arbitration
shall be final and binding and the arbitrator’s order will be
enforceable in any court of competent
jurisdiction.

			
		ii 	Court Action and Equitable
Relief: Any breach of the confidentiality provisions of the
Contract by Consultant will result in irreparable harm to HHE. For any
claim by HHE that Consultant has breached the terms of Paragraph 7 of
the Contract, HHE shall have 

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the right to assert any claim, demand or suit,
including a claim for injunction or other equitable relief, in any
Court of competent jurisdiction. In the event that HHE is the
‘‘prevailing party’’ in any action to
enforce the confidentiality provisions of Paragraph 7 of the Contract,
HHE will be entitled to the recovery of its costs and reasonable
attorneys’ fees.

			
		iii 	Limitation of
Liability: Except for any damages arising from Consultant’s
breach of Paragraph 7 or 8 of the Contract, neither party shall under
any circumstances be liable for any consequential, indirect, special,
incidental or exemplary damages, including without limitation, any loss
of revenues, profits, or business or other economic loss arising out of
or in connection with the services provided
hereunder.

f.    Survival of Terms: The provisions
of paragraphs 6, 7, 8, 9 and 10.e. of the Contract shall survive any
termination of the Contract.

g.    Modification: Any
modification of the Contract will be effective only if it is in writing
and signed by both parties.

h.    Entire Agreement:
The Contract and the Exhibits attached to the Contract constitute the
entire agreement between HHE and Consultant and supersede all prior or
contemporaneous written or verbal agreements and understandings in
connection with the subject matter hereof.

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	HHE			CONSULTANT
	Handheld Entertainment, Inc.			William J.
Bush
	By:    /s/
Jeffrey D.
Oscodar                                        			By:    /s/
William
Bush                                                
	Name:   Jeffery
D.
Oscodar                                        			Name:   William
Bush                                                 
	Title:   President & Chief
Executive
Officer            			Title:   Consultant                                                        
	

Signature
Page of Consultant Agreement

Table of Contents

EXHIBIT A

DESCRIPTION OF
WORK AND COMPENSATION

		
	1.    Name of
Consultant: 	William J. Bush
1134 Glen
Road
Lafayette, Ca
94549
USA

		
	2.    Effective Dates of
Contract: 	December  2005 through
November  30,  2006

3.    Scope of
Work:

			
		a. 	From December  1,
2005 thru February  5,
2006

			
		i. 	Consultant will provide assistance
with the preparation and filing of the consolidated financial
statements of HHE for the years ended December  31,  2004
and 2003.

			
		b. 	From February  5,
2006 thru November  30,
2006

			
		i. 	Consultant will perform duties as
Chief Financial Officer of HHE, including, but not limited to,
supervising and creation of all required all financial reporting,
investor relations, fund raising, mergers and acquisitions support and
any other duties which HHE reasonably requests.

In
addition, and only at the request of HHE, Consultant may be requested
to assist in other areas which HHE may request from time to time at its
sole discretion.

4.    Invoice Submission and
Payment: Consultant shall submit an invoice for all services
rendered at the conclusion of month. Upon HHE’s acceptance of
Consultant’s work, HHE will pay Consultant’s invoice. HHE
will not unreasonably delay acceptance or rejection of
Consultant’s work. HHE generally pays consultants within fifteen
(15) days after HHE receives an invoice for completed
work.

5.    Consultant Compensation: Upon
HHE’s acceptance of Consultant’s work, HHE will
pay

			
		a. 	Cash
Compensation

			
		i. 	From December
1,  2005 thru February  5,  2006 Consultant will bill
HHE $200 per hour for each hour of services
performed.

			
		ii. 	From February  6,
2006 through November  30,  2006, Consultant will bill HHE
the lesser or $125 per hour or $1,100 per day for services
performed.

			
		b. 	Equity
Compensation

			
		i. 	Upon commencement of this
contract, issue Consultant a grant of 33,833 non-qualified incentive
stock options with an exercise price of $0.37 per share. Such options
will be fully vested upon issuance and expire ten years from
issuance.

			
		ii. 	Should Consultant and HHE mutually
agree to convert Consultant to a regular full time employee, Consultant
will be issued a restricted share grant equal to the economic value of
207,167 incentive stock options priced at $0.37 with a ten-year
expiration from issuance. Such share grant will vest with a one-year
cliff, with the vesting period beginning on February  6,
2006, and then vest monthly over the preceding two
years.

6.    Expenses: Consultant will not be
reimbursed for any expenses incurred in connection with this Contract
absent the prior approval of
HHE.

7.    Equipment: Consultant will supply
all its own equipment for this
Contract.

8.    Entire Scope of Work: This
Exhibit A contains the entire Scope of Work for Consultant. If a change
in the scope of the work results in a material increase or decrease in
the cost or time for completion of the services, the fees and schedule
may be renegotiated upon the mutual agreement of the parties. In that
event, a new Exhibit A will be drafted, signed and attached to the
Contract.

Table of Contents

				
	HHE			CONSULTANT
	Handheld Entertainment, Inc.			William J.
Bush
	By:    /s/
Jeffrey D.
Oscodar                                        			By:    /s/
William
Bush                                                
	Name:   Jeffery
D.
Oscodar                                        			Name:   William
Bush                                                 
	Title:   President & Chief
Executive
Officer            			Title:   Consultant                                                        
	

Table of Contents

EXHIBIT
B

CONSULTANT’S RELATED
RIGHTS

1.    Description of Related Right, if
any:

2.    Description of additional Related Right, if
any:

3.    Description of additional Related Right, if
any:

NONE

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