Document:

EXHIBIT 4(vi)

ROSS MILLER
Secretary of State
204 North Carson Street, Ste 1                         Document Number
Carson City, Nevada 89701-4299                         20070838519-73
(775) 684-5708                                         Filed Date and Time
Website: secretaryofstate.biz                          12/10/2007 2:35PM
                                                       Entity Number C14364-2004
                                                       Filed in the office of
                                                       /s/ Ross Miller
                                                       Secretary of State
                                                       State of Nevada

    CERTIFICATE OF DESIGNATION
BEFORE ISSUANCE OF CLASS OR SERIES
     (PURSUANT TO NRS 78.1955)

USE BLACK INK ONLY-DO NOT HIGHLIGHT         ABOVE SPACE IS FOR OFFICE USE ONLY

                           CERTIFICATE OF DESIGNATION
                         FOR NEVADA PROFIT CORPORATIONS
                            (PURSUANT TO NRS 78.1955)

1.   Name of corporation:

International Building Technologies Group, Inc.

2.   By  resolution  of the board of  directors  pursuant to a provision  in the
     articles of  incorporation,  this  certificate  establishes  the  following
     regarding  the  voting  powers,  designations,   preferences,  limitations,
     restrictions and relative rights of the following class or series of stock.

ARTICLES OF AMENDMENT TO THE
ARTICLES OF INCORPORATION
OF INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.

Pursuant to the provisions of NRS 78.1955 of the Nevada Statutes,  International
Building  Technologies  Group,  Inc.,  a Nevada  profit  corporation  adopts the
following Articles of Amendment to the Articles of Incorporation.

FIRST.  The  Amendment  adopted.   Article  VI  of  the  Company's  Articles  of
Incorporation,  as previously amended, is hereby amended to read in its entirety
as follows:

There is hereby  designated  a series of the  preferred  stock to be called  the
"Series E  Preferred  Stock" to  consist  of  10,000,000  shares and to have the
following terms: (Please see attached Exhibit A for full designation)

3.   EFFECTIVE DATE OF FILING (OPTIONAL):
     (MUST NOT BE LATER THAN 90 DAYS AFTER THE CERTIFICATE IS FILED)

4.   OFFICER SIGNATURE (REQUIRED): X /s/ Kenneth Yeung

FILING FEE: $175.00
IMPORTANT: Failure to include any of the above information and submit the proper
fees may cause this filing to be rejected.
This form must be accompanied by appropriate fees.
<PAGE>
                              ARTICLES OF AMENDMENT
                                     TO THE
                            ARTICLES OF INCORPORATION
               OF INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.

     Pursuant  to  the  provisions  of  NRS  78.1955  of  the  Nevada  Statutes,
International  Building  Technologies  Group,  Inc., a Nevada profit corporation
adopts the following Articles of Amendment to the Articles of Incorporation

     FIRST.  The  Amendment  adopted.  Article VI of the  Company's  Articles of
Incorporation,  as previously amended, is hereby amended to read in its entirety
as follows:

     There is hereby designated a series of the preferred stock to be called the
"Series E  Preferred  Stock" to  consist  of  10,000,000  shares and to have the
following terms:

1.   Dividends.  Except as provided herein,  the holder of outstanding shares of
     the Series E Preferred  Stock shall be entitled to receive cash,  stock, or
     other  property,  as  dividends  when,  as, and if declared by the Board of
     Directors of the Company.  If shares of the Series E Preferred Stock or the
     common  stock of the  Company,  par value  $0.001  per share  (the  "Common
     Stock") are to be issued as a dividend,  any such shares shall be issued at
     Market Value.  "Market  Value" for the Common Stock for the purposes of the
     Certificate of Designation shall mean the average of the bid and ask prices
     for the Common Stock for the five business days  preceding the  declaration
     of a dividend by the Board of Directors. "Market Value" with respect to any
     shares of the Series E Preferred  Stock shall be as determined by the Board
     of Directors, whose decision shall be final and binding on all parties.

2.   Redemption Rights.  Subject to the applicable provisions of Nevada law, the
     Company, at the option of its directors, and with the consent of a majority
     of the  stockholders  of the Series E Preferred  Stock,  may at any time or
     from time to time redeem the whole or any part of the outstanding  Series E
     Preferred  Stock. Any such redemption shall be pro rata with respect to all
     of the holders of the Series E Preferred Stock. Upon redemption the Company
     shall pay for each share redeemed the Market Value,  payable in cash.  Such
     redemption shall be on an all-or-nothing basis.

     At least 30 days previous notice by mail,  postage prepaid,  shall be given
     to the  holders of record of the Series E Preferred  Stock to be  redeemed,
     such notice to be addressed to each such stockholder at the address of such
     holder appearing on the books of the Company or given by such holder to the
     Company  for the  purpose of notice,  or if no such  address  appears or is
     given,  at the place where the principal  office of the Company is located.
     Such notice shall state the date fixed for  redemption  and the  redemption
     price,  and shall call upon the holder to  surrender to the Company on said
     date at the place  designated  in the notice such holder's  certificate  or
     certificates  representing the shares to be redeemed.  On or after the date
     fixed for  redemption  and stated in such  notice,  each holder of Series E
     Preferred  Stock called for  redemption  shall  surrender  the  certificate
     evidencing  such  shares to the  Company  at the place  designated  in such
     notice and shall thereupon be entitled to receive payment of the redemption
     price.  If  less  than  all  shares  represented  by any  such  surrendered
     certificate are redeemed,  a new certificate  shall be issued  representing
     the unredeemed  shares.  If such notice of redemption  shall have been duly
     given,  and if on the date fixed for  redemption  funds  necessary  for the
     redemption  shall  be  available   therefore,   notwithstanding   that  the
     certificates  evidencing any Series E Preferred Stock called for redemption
     shall not have been  surrendered,  the dividends with respect to the shares
     so called for  redemption  shall not have been  surrendered,  the dividends
     with respect to the shares so called for redemption  shall  forthwith after
     such date  cease and  determine,  except  only the right of the  holders to
     receive the  redemption  price  without  interest  upon  surrender of their
     certificates therefore.
<PAGE>
     If, on or prior to any date  fixed  for  redemption  of Series E  Preferred
     Stock,  the  Company  deposits,  with any bank or trust  company as a trust
     fund, a sum sufficient to redeem, on the date fixed for redemption thereof,
     the  shares  called  for  redemption,  with  irrevocable  instructions  and
     authority  to the bank or trust  company to give the  notice of  redemption
     thereof (or to complete the giving of such notice if theretofore commenced)
     and to pay, or deliver,  on or after the date fixed for redemption or prior
     thereto,  the redemption  price of the shares to their  respective  holders
     upon the  surrender  of their share  certificates,  then from and after the
     date of the deposit (although prior to the date fixed for redemption),  the
     shares so called shall be redeemed and any  dividends on those shares shall
     cease to accrue  after the date fixed for  redemption.  The  deposit  shall
     constitute full payment of the shares to their holders,  and from and after
     the date of the deposit the shares shall no longer be  outstanding  and the
     holders thereof shall cease to be stockholders with respect to such shares,
     and shall have no rights with respect  thereto  except the right to receive
     from the bank or  trust  company  payment  of the  redemption  price of the
     shares  without  interest,   upon  the  surrender  of  their   certificates
     therefore.  Any  interest  accrued on any funds so  deposited  shall be the
     property of, and paid to, the Company. If the holders of Series E Preferred
     Stock so called for redemption  shall not, at the end of six years from the
     date fixed for  redemption  thereof,  have claimed any funds so  deposited,
     such bank or trust  company  shall  thereupon  pay over to the Company such
     unclaimed  funds,  and  such  bank or trust  company  shall  thereafter  be
     relieved of all  responsibility in respect thereof to such holders and such
     holders shall look only to the Company for payment of the redemption price.

3.   Liquidation Rights. Upon the dissolution,  liquidation or winding up of the
     Company,  whether  voluntary  or  involuntary,  the  holders  of  the  then
     outstanding shares of Series E Preferred Stock shall be entitled to receive
     out of the assets of the Company the Market Value (the "Liquidation  Rate")
     before any payment or  distribution  shall be made on the Common Stock,  or
     any other  class of  capital  stock of the  Company  ranking  junior to the
     Series  E  Preferred  Stock;   provided,   however,  that  the  payment  or
     distribution  of the  Liquidation  Rate  shall be made PARI  PASSU with the
     payment or  distribution  of any  liquidation  rights of the holders of the
     Company's Series B Preferred Stock.

     a.   The sale, conveyance, exchange or transfer (for cash, shares of stock,
          securities or other  consideration)  of all or  substantially  all the
          property  and  assets of the  Company  shall be deemed a  dissolution,
          liquidation or winding up of the Company for purposes of the Paragraph
          3, but the merger or  consolidation  of the  Company  into or with the
          Company shall not be deemed a dissolution,  liquidation or winding up,
          voluntary or involuntary, for purposes of this Paragraph 3.

     b.   After the  payment to the  holders of shares of the Series E Preferred
          Stock of the full  preferential  amounts fixed by this Paragraph 3 for
          shares of the Series E  Preferred  Stock,  the holders of the Series E
          Preferred  Stock  as such  shall  have no right or claim to any of the
          remaining assets of the Company.

     c.   In the event the assets of the Company  available for  distribution to
          the  holders  of  the  Series  E  Preferred  Stock  upon  dissolution,
          liquidation or winding up of the Company shall be  insufficient to pay
          in full all  amounts to which such  holders are  entitled  pursuant to
          this  Paragraph  3, no  distribution  shall be made on  account of any
          shares of a class or series of capital stock of the Company ranking on
          a parity with the shares of the Series E Preferred Stock, if any, upon
          such  dissolution,  liquidation  or  winding  up unless  proportionate
          distributive  amounts  shall be paid on  account  of the shares of the
          Series  E  Preferred  Stock,   ratably,  in  proportion  to  the  full
          distributive  amounts for which  holders of all such parity shares are
          respectively  entitled upon such  dissolution,  liquidation or winding
          up.

4.   Conversion  of Series E  Preferred  Stock.  At any time after one year from
     date of issuance (the "Conversion Right Date"), the holder of shares of the
     Series E Preferred Stock shall have the right, at such holder's option,  to
     convert any number of shares of the Series E Preferred Stock into shares of
<PAGE>
     the Common Stock. Such right to convert shall commence as of the Conversion
     Right Date and shall  continue  thereafter  for a period of 10 years,  such
     period ending on the 10th  anniversary of the Conversion Right Date. In the
     event  that the holder of the Series E  Preferred  Stock  elects to convert
     such shares into Common Stock,  the holder shall have 60 days from the date
     of such notice in which to tender his shares of Series E Preferred Stock to
     the  Company.  Any such term  shall be upon the other  following  terms and
     conditions:

     a.   Certain Defined Terms.  For purposes of this  Certificate of Amendment
          setting forth the terms of the Series E Preferred Stock, the following
          terms shall have the following meanings:

          i    "Closing Sale Price" means,  for any security as of any date, the
               last closing trade price for such  security at 4:00 p.m.  Eastern
               Standard  Time on the  NASDAQ  National  Market  as  reported  by
               Bloomberg, or, if the NASDAQ National Market is not the principal
               securities exchange or trading market for such security, the last
               closing  trade  price  of  such  security  at 4:00  p.m.  Eastern
               Standard  Time on the  principal  securities  exchange or trading
               market  where such  security  is listed or traded as  reported by
               Bloomberg,  or, if the  foregoing do not apply,  the last closing
               trade prices of such security at 4:00 p.m.  Eastern Standard Time
               in the over-the  counter market on the electronic  bulletin board
               for such  security  as  reported  by  Bloomberg,  or,  if no last
               closing  trade price is reported for such  security by Bloomberg,
               the  average  of the bid and the ask prices of such  security  as
               reported by  Bloomberg,  or, if no bid or ask prices are reported
               for such  security by  Bloomberg,  the average of the bid and ask
               prices of any market  makers for such security as reported in the
               "pink  sheets" by the  National  Quotation  Bureau,  Inc.  If the
               Closing Sale Price cannot be calculated for such security on such
               date on any of the  foregoing  bases,  the Closing  Sale Price of
               such  security  on such date  shall be the fair  market  value as
               determined  in  good  faith  by the  Board  of  Directors  of the
               Company.

          ii   "Conversion  Rate" means,  as of any Conversion  Date (as defined
               below) or other date of  determination,  the quotient of: (i) the
               Conversion  Value,  DIVIDED  BY  (ii)  80% of the  Market  Price,
               subject to adjustment as provided herein.

          iii  "Conversion  Value"  shall  initially  mean  $1.00,   subject  to
               adjustment as provided herein.

          iv   "Market  Price"  means,  with  respect  to any  security  for any
               period,  that price which  shall be  computed  as the  arithmetic
               average of the Closing Sale Prices for such  security  during the
               10 consecutive  trading days  immediately  preceding such date of
               determination.  (All  such  determinations  to  be  appropriately
               adjusted  for any stock  dividend,  stock split or other  similar
               transaction during such period).

     b.   Conversion  Right.  The number of shares of Common Stock issuable upon
          any Conversion  Date shall be determined by multiplying  the number of
          shares of Series E Preferred  Stock to be converted by the  Conversion
          Rate.

     c.   Mechanics of  Conversion.  To convert shares of the Series E Preferred
          Stock  into  full  shares  of  the  Common  Stock  on  any  date  (the
          "Conversion  Date"),  the holder thereof shall (i) deliver or transmit
          by facsimile  to the  Company,  for receipt on or prior to 11:59 p.m.,
          Pacific  Time,  on the  Conversion  Date,  a copy of a fully  executed
          notice of conversion in the form attached  hereto as Attachment A (the
          "Conversion  Notice"),  and (ii)  surrender  to a common  carrier  for
          delivery to the Company as soon as  practicable  following  such date,
          the certificates (each a "Preferred Stock  Certificate")  representing
          the shares of the Series E  Preferred  Stock  being  converted,  or an
          indemnification undertaking with respect to such shares in the case of
          the loss, theft or destruction  thereof,  and the originally  executed
          Conversion Notice.  Upon receipt by the Company of a facsimile copy of
<PAGE>
          a  Conversion   Notice,   the  Company  shall  immediately  send,  via
          facsimile,  a  confirmation  of  receipt  of the  originally  executed
          Conversion  Notice to such holder.  Within five  business  days of the
          Company's receipt of the originally executed Conversion Notice and the
          holder's Preferred Stock  Certificate(s),  the Company shall issue and
          surrender to a common carrier for overnight delivery to the address as
          specified in the Conversion  Notice, a certificate,  registered in the
          name of the  holder or its  designee,  for the number of shares of the
          Common Stock to which the holder is entitled.

     d.   Mandatory  Conversion.  Upon written request from the company,  Holder
          agrees to convert its Preferred Stock to common stock of International
          Building Technologies Group, Inc. on a mandatory basis.

     e.   Record Holder. The person or persons entitled to receive shares of the
          Common  Stock  issuable  upon  conversion  of shares  of the  Series E
          Preferred Stock shall be treated for all purposes as the record holder
          of such shares of the Common Stock on the Conversion Date.

     f.   Fractional  Shares.  The  Company  shall not be  required to issue any
          fraction  of a share of the  Common  Stock  upon any  conversion.  All
          shares of the Common Stock, including fractions thereof, issuable upon
          conversion  of more than one  share of the  Series E  Preferred  Stock
          shall be aggregated for purposes of determining whether the conversion
          would  result in the  issuance  of a fraction of a share of the Common
          Stock.  If, after such  aggregation,  the issuance would result in the
          issuance of a fraction of it share of the Common  Stock,  the Company,
          shall round such fraction of a share of the Common Stock up or down to
          the nearest whole share.

     g.   Reissuance of Certificates.  In the event of a conversion of less than
          all of the shares of the Series E  Preferred  Stock  represented  by a
          particular  Preferred  Stock  Certificate,  the Company shall promptly
          cause to be  issued  and  delivered  to the  holder  of such  Series E
          Preferred   Stock  a  new  Series  E   Preferred   Stock   Certificate
          representing  the  remaining  shares of the Series E  Preferred  Stock
          which were not converted.

5.   Reservation of Shares.  The Company  shall,  so long as any of the share of
     the Series E Preferred  Stock are  outstanding,  reserve and keep available
     out of its authorized and unissued  shares of the Common Stock,  solely for
     the  purpose  of  effecting  the  conversion  of the shares of the Series E
     Preferred  Stock,  the number of shares of the  Common  Stock as shall from
     time to time be sufficient to affect the conversion of all the  outstanding
     shares of the Series E Preferred Stock.

6.   Preferred  Status.  The rights of the shares of the Common  Stock  shall be
     subject to the  preferences and relative rights of the shares of the Series
     E Preferred Stock.  Without the prior written consent of the holders of not
     less  than  two-thirds  (2/3) of the  outstanding  shares  of the  Series E
     Preferred  Stock,  the  Company  shall  not  hereafter  authorize  or issue
     additional  or other  capital  stock that is of senior or equal rank to the
     shares of the Series E Preferred  Stock in respect of the preferences as to
     distributions and payments upon the liquidation. Dissolution and winding up
     of the Company described in Paragraph 3 above.

7.   Restriction on Dividends. If any shares of the Series E Preferred Stock are
     outstanding the Company shall not, without the prior written consent of the
     holders of not less than two-thirds (2/3) of the then outstanding shares of
     the Series E Preferred Stock,  directly or indirectly declare,  pay or make
     any  dividends  or  other  distributions  upon  any  of the  Common  Stock.
     Notwithstanding  the  foregoing,  this  paragraph  shall not  prohibit  the
     Company  from  declaring  and paying a dividend in cash with respect to the
     shares of the Common Stock so long as the Company  simultaneously pays each
<PAGE>
     holder of shares of the Series E Preferred Stock an amount in cash equal to
     the amount such holder would have received had all of such holder's  shares
     of the Series E Preferred  Stock had been converted to shares of the Common
     Stock on the business day prior to the record date for any such dividend.

8.   Vote to Change the Terms of the Series E Preferred Stock. Without the prior
     written  consent of the  holders of not less than  two-thirds  (2/3) of the
     outstanding  shares of the Series E Preferred  Stock, the Company shall not
     amend, alter, change or repeal any of the powers, designations, preferences
     and rights of the Series E Preferred Stock.

9.   Lost or Stolen  Certificates.  Upon  receipt  by the  Company  of  evidence
     satisfactory to the Company of the loss,  theft,  destruction or mutilation
     of any Preferred  Stock  Certificates  representing  shares of the Series E
     Preferred  Stock,  and, in the case of loss,  theft or destruction,  of any
     indemnification  undertaking or bond, in the Company's  discretion,  by the
     holder to the Company and, in the case of  mutilation,  upon  surrender and
     cancellation  of the  Preferred  Stock  Certificate(s),  the Company  shall
     execute and deliver new Series E  Preferred  Stock  Certificate(s)  of like
     tenor and date;  provided,  however,  the Company shall not be obligated to
     re-issue  Series E  Preferred  Stock  Certificates  if the  holder  thereof
     contemporaneously requests the Company to convert such shares of the Series
     E Preferred Stock into the Common Stock.

10.  Voting.  The holders of the Series E  Preferred  Stock shall have no voting
     rights on any matter  submitted to the shareholders of the Company of their
     vote, waiver,  release or other action, or be considered in connection with
     the  establishment  of a  quorum,  except  as may  otherwise  be  expressly
     required by law or by the applicable stock exchange rules.

     SECOND. The date of the Amendment is December 7, 2007.

     THIRD.  The Amendment was duly adopted by the Directors  Messrs.  Yeung and
Chin of the Company without  shareholder  action and shareholder  action was not
required.

Signed this 7th day of December, 2007.

INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.

By /s/ Kenneth Yeung                        By /s/ Peter Chin
  --------------------------                  --------------------------
  Kenneth Yeung - President                   Peter Chin - Secretary
<PAGE>
                                 ATTACHMENT "A"
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                                CONVERSION NOTICE

     In  accordance  with and  pursuant to the  provisions  of the  Statement of
Resolution  Establishing  Series E  Preferred  Stock of  International  Building
Technologies Group, Inc., the undersigned hereby elects to convert the number of
shares of Series E Preferred  Stock, par value $0.01 per share, of International
Building  Technologies Group, Inc. (the "Company"),  indicated below into shares
of the Common  Stock,  par value $0.001 per share (the "Common  Stock"),  of the
Company, by tendering the stock certificate(s)  representing the share(s) of the
Series E Preferred Stock specified below as of the date specified below.

     The  undersigned   acknowledges   that  the  securities   issuable  to  the
undersigned upon conversion of shares of the Series E Preferred Stock may not be
sold, pledged,  hypothecated or otherwise transferred unless such securities are
registered under the Securities Act, and any other applicable securities law, or
the  Company  has  received  an  opinion  of  counsel  satisfactory  to it  that
registration is not required.  A legend in substantially the following form will
be placed on any certificates or other documents evidencing the securities to be
issued upon any conversion of the shares of the Series E Preferred Stock:

THE SECURITIES REPRESENTED BY THIS INSTRUMENT OR DOCUMENT HAVE BEEN ACQUIRED FOR
INVESTMENT  AND HAVE NOT BEEN  REGISTERED  UNDER THE  SECURITIES ACT OF 1933, AS
AMENDED,  OR THE SECURITIES LAW OF ANY STATE.  WITHOUT SUCH  REGISTRATION,  SUCH
SECURITIES  MAY NOT BE SOLD,  PLEDGED,  HYPOTHECATED  OR  OTHERWISE  TRANSFERRED
EXCEPT UPON DELIVERY TO THE COMPANY OF AN OPINION OF COUNSEL SATISFACTORY TO THE
COMPANY THAT REGISTRATION IS NOT REQUIRED FOR SUCH TRANSFER OR THE SUBMISSION TO
THE COMPANY OF SUCH OTHER EVIDENCE AS MAY BE  SATISFACTORY TO THE COMPANY TO THE
EFFECT THAT ANY SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE SECURITIES ACT OF
1933, AS AMENDED,  THE  SECURITIES  LAW OF ANY STATE,  OR ANY RULE OR REGULATION
PROMULGATED THEREUNDER.

Date of Conversion:__________________________

Number of shares of the Series E Preferred Stock to be
converted:_______________________________________________________________

Stock Certificate No(s). of the shares of the Series E Preferred Stock
to be converted:_________________________________________________________

Conversion Rate:_____________________________________

Number of shares of the Common Stock to be issued:_______________________

Name in which shares of the Common Stock are to be
issued:__________________________________________________________________

-------------------------------------------
Signature

--------------------------------------------
Printed Name and AddressEXHIBIT 10.8

                              EMPLOYMENT AGREEMENT

     THIS AGREEMENT dated as of May 21st,  2007, is made, with effective date as
May 1, 2007 and  entered  into  between  MotorSports  Emporium,  Inc.,  a Nevada
corporation and its subsidiaries (the "COMPANY"),  and Kenneth Yeung, a resident
of Los Angeles, California USA (the "EXECUTIVE").  The Company and the Executive
agree as follows:

                                    ARTICLE 1
                        EMPLOYMENT, DUTIES AND ACCEPTANCE

     1.1  Employment by the Company.  The Company agrees to employ the Executive
as the Chief Executive officer of Motorsports  Emporium Inc. for the duration of
the Employment Term (as defined in SECTION 2 below), to render such services and
to perform  such  duties as are  normally  associated  with and  inherent in the
executive capacity in which the Executive will be serving, as well as such other
duties, which are not inconsistent with the Executive's position as an executive
of the Company.

     1.2 Acceptance of Employment by the Executive.  The Executive  accepts such
employment for the Employment Term and agrees to render the services required of
him under SECTION 1.1.  During the Employment  Term, the Executive  shall devote
his full business time,  attention and energy to the business of the Company and
the  performance of his duties under this  Agreement.  The foregoing  shall not,
however,  prohibit the Executive from making and managing personal  investments,
or from engaging in civic or charitable activities that do not materially impair
the performance of his duties under this Agreement.  If appointed or elected, as
applicable,  the  Executive  also  shall  serve  during  all or any  part of the
Employment  Term as any other officer and/or as a director of the Company or any
of its  subsidiaries or affiliates,  without any additional  compensation  other
than that specified in this Agreement.

     1.3 Place of  Performance.  The Executive shall be based in the State of CA
and nothing in this  Agreement  shall require the Executive to relocate his base
of employment or principal place of residence from the State of CA

     1.4 Termination of Existing Contracts.  The Executive agrees that all other
agreements and contracts, whether written or oral, relating to the employment of
the  Executive  by  the  Company  shall  be  terminated   effective  as  of  the
commencement of the Employment Term.

                                    ARTICLE 2
                                 EMPLOYMENT TERM

     2.1  Initial  Term.  The  term of the  Executive's  employment  under  this
Agreement  (the  "EMPLOYMENT  Term")  shall  commence on the date hereof by, and
shall continue through and expire on April 30th, 2010 (the  "EXPIRATION  DATE"),
unless earlier terminated as provided in this Agreement.

                                    ARTICLE 3
                         COMPENSATION AND OTHER BENEFITS

     3.1 Annual Salary.  As compensation  for services to be rendered under this
Agreement,  the Company shall pay the  Executive a starting  salary (the "ANNUAL
SALARY"  payable on monthly  basis,  on or before the third day of each calendar
month) at a rate of $150,000 per annum for the remaining portion for the year of
2007;  $180,000 per annum for the year 2008; and $210,000 per annum for the year
of 2009 and $240,000 per annum for the  remaining  term of this  agreement.  The
Executive shall also be entitled to receive an annual incentive bonus (a) in the
amount of not less than 1.8% of the total  collected  sales amount made from the
operation of the Company during this agreement  (payable within thirty (30) days
after the end of each  fiscal  year) and will  receive  the same  percentage  of

                                       1
<PAGE>
amount for two years continuously  after termination of this Agreement,  and (b)
other  incentive  bonus in an amount as deemed  appropriate by the  Compensation
Committee of the Company, subject to review every 6 months.

     Other  Compensations  are  offered to the  Executive  upon  signing of this
Agreement, including:

     (A)  Preferred  Stock:  Two  Hundred  Thousand  (200,000.)  shares  of  the
          company's Preferred C Stock, which is currently issued and outstanding
          to the Executive,  and is  convertible  to the Company's  Common Stock
          according to the following terms:

          1.   Eligible  for  conversion  to Company  Common  Stock on April 30,
               2009,  unless Mandatory  Conversion is required for any reason as
               set forth herein below.
          2.   Each share of  Preferred  C Stock will  convert to $5.00 worth of
               the Company common stock,  which will be determined by taking the
               average  closing bid price (ACBP) for the common stock for the 20
               days  prior to  conversion.  For  example,  if the ACBP is $0.10,
               Executive  will  receive 50 shares of common stock for each share
               of  Preferred  C Stock.  If the  ACBP is  $1.00,  Executive  will
               receive  five share of common stock for each share of Preferred C
               Stock.
          3.   Mandatory  Conversion.  The  Preferred  C stock  will  convert to
               Common  stock any time  sooner than April 30, 2009 upon a Funding
               Event.  The Funding  Event shall be defined as any  financing for
               the Company of $1.5 million or more that  requires the  Company's
               Preferred Shares to be converted to common.

     (B)  Stock Option Participation.  The Executive shall receive stock options
          to  acquire  company  stock  according  to the terms of the  Company's
          Option Plan.

     3.2  Automobile  Allowance.  The  Executive  will also be  provided  with a
monthly car allowance.

     3.3  Participation  in  Employee  Benefit  Plans.  The  Executive  shall be
permitted,  during  the  Employment  Term,  if and to the  extent  he meets  and
continues to meet all applicable eligibility requirements, to participate in any
group life,  hospitalization  or  disability  insurance  plan,  health  program,
pension plan, similar benefit plan or other "fringe benefits" of the Company.

     3.4 Executive  Support.  The Company shall provide to the Executive  office
facilities, furniture and equipment, secretarial and support personnel and other
management level support  services as the Executive shall reasonably  require in
connection with the performance of his duties under this Agreement.

     3.5 Reimbursement of Business Expenses. The Executive may incur reasonable,
ordinary and necessary business expenses in the course of the performance of his
duties  under  this  Agreement,   including   expenses  for  travel,   food  and
entertainment.  The Company shall  reimburse the Executive for all such business
expenses if (a) the expenses are incurred by the  Executive in  accordance  with
the  Company's  business  expense  reimbursement  policy,  if  any,  as  may  be
established and modified by the Company from time to time, and (b) the Executive
provides to the Company a record of and appropriate  receipts for (i) the amount
of the  expense,  (ii) the date,  place and  nature  of the  expense,  (iii) the
business  reason for the expense and (iv) the names,  occupations and other data
concerning  individuals  entertained  sufficient  to  establish  their  business
relationship to the Company.

                                    ARTILE 4
                                   TERMINATION

     4.1  Termination  upon Death.  If the Executive  dies during the Employment
Term,  this  Agreement  shall  terminate,  except  that  the  Executive's  legal
representatives,  successors,  heirs or assigns shall be entitled to receive the
Annual Salary, the Additional  Compensation and other accrued benefits,  if any,
earned up to the date of the Executive's death; PROVIDED THAT, if any Additional
Compensation  or other  benefits are governed by the  provisions  of any written
employee  benefit  plan  or  policy  of  the  Company,   any  written  agreement
contemplated  there under or any other separate written  agreement  entered into
between the  Executive and the Company,  the terms and  conditions of such plan,

                                       2
<PAGE>
policy or agreement  shall control in the event of any  discrepancy  or conflict
with the provisions of this Agreement regarding such Additional  Compensation or
other benefit upon the death, termination or disability of the Executive.

     4.2  Termination  for Cause.  At any time during the  Employment  Term, the
Company  shall  have the  right,  exercisable  by serving  notice  effective  in
accordance with its terms, to terminate the  Executive's  employment  under this
Agreement and discharge the Executive for Cause. If such right is exercised, the
Company's  obligation  to the  Executive  shall be limited to the payment of any
unpaid  Annual  Salary,  Additional  Compensation  and other  benefits,  if any,
accrued  up  to  the  effective  date  specified  in  the  Company's  notice  of
termination  (which date shall not be retroactive).  As used in this SECTION 4.2
and elsewhere in this Agreement,  the term "CAUSE" shall mean that a majority of
the Board  shall  have  determined  that (a) the  Executive  has  willfully  and
persistently  failed or refused to follow the reasonable policies and directives
established by the Board and such failure or refusal continues for ten (10) days
after notice from the Company, (b) the Executive has wrongfully  misappropriated
money  or other  assets  or  properties  of the  Company  or any  subsidiary  or
affiliate of the Company,  (c) the Executive has been convicted of any felony or
other serious crime,  or (d) the  Executive's  employment  performance  has been
substantially impaired by chronic alcoholism or drug addiction.

     4.3  Termination  upon  Disability.  If  during  the  Employment  Term  the
Executive becomes physically or mentally disabled, whether totally or partially,
as  evidenced  by the written  statement  of a competent  physician  licensed to
practice  medicine  in the United  States,  so that the  Executive  is unable to
substantially  perform his services  hereunder  for a period of six  consecutive
months,  the Company  may at any time after the last day of the six  consecutive
months  of  disability,  by  written  notice  to the  Executive,  terminate  the
Executive's employment hereunder. If such right is exercised,  the Company shall
continue to pay to the  Executive at each pay period the amount of Annual Salary
in effect at the date of  termination of his employment for the remainder of the
Employment Term.

     4.4 Voluntary Termination.  At any time before the Employment Term expires,
the Executive shall have the right,  exercisable by serving notice  effective in
accordance with its terms,  to resign and terminate the  Executive's  employment
under this Agreement.  If such right is exercised,  the Company's  obligation to
the Executive  shall be limited to the payment of any unpaid Annual  Salary,  if
any,  accrued up to the effective  date specified in the  Executive's  letter of
resignation (which date shall not be retroactive).  Any Additional  Compensation
earned by the  Executive  shall be  payable  under  the  terms of the  Company's
benefit plans or restricted  share  agreement  pursuant to which such Additional
Compensation was issued.

     4.5  Termination  of this  Agreement by the Company.  At anytime before the
Employment  Agreement expired, the Company shall have the option to buy out this
Agreement,  to terminate the Executive's employment with this Agreement. If such
right of  option is  exercised,  the  Company  is  responsible  to make the full
payment of the unpaid total amount from the effective date of termination to the
"EXPIRATION DATE" specified in this Agreement.

                                       3
<PAGE>
                                OTHER PROVISIONS

     4.6  Notices.  Any  notice or other  communication  required  or  permitted
hereunder  shall be in writing and shall be delivered  personally,  telegraphed,
telexed,  sent by facsimile  transmission  or sent by  certified,  registered or
express  mail,  postage  prepaid.  Any such notice shall be deemed given when so
delivered personally, telegraphed, telexed or sent by facsimile transmission or,
if mailed,  five days after the date of deposit in the United  States  mail,  as
follows:

       If to the Company, to:     The Board of Directors
                                  Motorsports Emporium, Inc.
                                  7525 E. Williams Drive, Suite B
                                  Scottsdale, AZ 85255

       Represented By:            Mr. Peter Chin/Director

       If to the Executive, to:   Mr. Kenneth Yeung
                                  920 Looking Glass Drive,
                                  Diamond Bar, CA 91765

     Either  party may change its address for notice  hereunder by notice to the
other party.

     4.7 Entire  Agreement.  This  Agreement  contains the entire  agreement and
understanding  between  the  parties  with  respect  to its  subject  matter and
supersedes all prior agreements, written or oral, with respect thereto; PROVIDED
THAT nothing herein shall in any way limit the obligation, rights or liabilities
of the parties under any written stock option agreement  separately entered into
by the parties.

     4.8 Waivers  and  Amendments.  This  Agreement  may be  amended,  modified,
superseded,  canceled,  renewed or extended, and the terms and conditions hereof
may be waived,  only by a written  instrument  signed by the  parties or, in the
case of a waiver, by the party waiving  compliance.  No delay on the part of any
party in exercising any right,  power or privilege  hereunder shall operate as a
waiver  thereof,  nor  shall any  waiver on the part of any party of any  right,
power or privilege  hereunder,  nor any single or partial exercise of any right,
power or privilege  hereunder  preclude any other or further exercise thereof or
the exercise of any other right, power or privilege hereunder.

     4.9  Governing  Law;  Venue.  This  Agreement  shall be  governed  by,  and
construed  in  accordance  with,  the laws of the  State of  California  without
reference to principles governing choice or conflicts of law.

     4.10 Assignment.  This Agreement, and any rights and obligations hereunder,
may not be assigned by any party hereto without the prior written consent of the
other  party,  except that the Company may assign this  Agreement  to any of its
subsidiaries  or  affiliates  without  the  Executive's  consent  provided  such
assignment  does not  diminish  any of the  Executive's  benefits or rights,  or
increase in any material respect any of the Executive's obligations, hereunder.

     4.11  Counterparts.   This  Agreement  may  be  executed  in  two  or  more
counterparts,  each of  which  shall be  deemed  an  original,  but all of which
together shall constitute one and the same instrument.

     4.12 Headings.  The headings in this  Agreement are for reference  purposes
only and shall not in any way  affect  the  meaning  or  interpretation  of this
Agreement.

                   [SIGNATURES APPEAR ON THE FOLLOWING PAGE.]

                                       4
<PAGE>
     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
and year first above written.

                                        Motorsports Emporium Inc.

                                        A Nevada corporation

                                        By: /s/ Peter Chin
                                           -----------------------------

                                        Name:  Peter Chin

                                        Title: Director

                                        Date:  May 31, 2007

                                        EXECUTIVE:

                                         /s/ Kenneth Yeung
                                        --------------------------------
                                        Kenneth Yeung

                                        Date: May 31, 2007

                                       5

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