Document:

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                                                                    EXHIBIT 10.2

                           K2 DESIGN, INC. 1997 STOCK
                                 INCENTIVE PLAN

                        NOTICE OF RESTRICTED STOCK AWARD

         Gary W. Brown (the "Common Holder") has been granted restricted shares
of Common Stock of K2 Design, Inc. (the "Company') on the following terms:

         Name of Recipient:                           Gary W. Brown

         Total Number of Shares Granted:              100,000

         Fair Market Value per Share:                 $5.00

         Total Fair Market Value of Award:            $500,000

         Date of Grant:                               April 14, 2000

         Vesting Commencement Date:                   April 14, 2000

By Common Holder's signature and the signature of the Company's representative
below, Common Holder and the Company agree that the shares are granted under and
governed by the terms and conditions of the 1997 K2 Design, Inc. Stock Incentive
Plan and the Restricted Stock Agreement, both of which are attached to and made
a part of this document.

COMMON HOLDER:                              K2 DESIGN, INC.

  /s/ Gary Brown                            By: /s/ Lynn Fantom
--------------------------

                                            Title: President
--------------------------
(Print Name)

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                           K2 DESIGN, INC. 1997 STOCK
                                 INCENTIVE PLAN

                           RESTRICTED STOCK AGREEMENT

                                    RECITALS

         WHEREAS, Common Holder has entered into an Employment Agreement with
the Company, dated as of April 14, 2000 (the "Employment Agreement");

         WHEREAS, pursuant to the Employment Agreement, the Company will grant
to Common Holder 100,000 shares of the Common Stock of the Company (as further
defined below, the "Shares"), subject to the vesting requirements and other
terms and conditions set forth herein; and

         WHEREAS, in connection with the grant of the Shares, the Common Holder
has agreed to enter into this Agreement.

                                    AGREEMENT

         NOW, THEREFORE, in consideration of the mutual covenants set forth
herein, the parties hereto agree as follows:

         1.       Definitions.

                  (a) "Approved Transaction" shall have the meaning assigned to
such term in the Employment Agreement.

                  (b) "Cause" shall have the meaning assigned to such term in
the Employment Agreement.

                  (c) "Common Stock" shall mean K2 Design, Inc.'s Common Stock.

                  (d) "Good Reason" shall have the meaning assigned to such term
in the Employment Agreement.

                  (e) "Shares" shall mean the 100,000 shares of Common Stock
awarded to the Common Holder pursuant to the Employment Agreement and the terms
and conditions of this Agreement. For purposes of Section 4, "Shares" shall
additionally include any shares of the Company's Common Stock subsequently
acquired by the Common Holder due to any stock dividend or liquidating dividend
of cash and/or property, stock split or other change in the character or amount
of any of the outstanding securities of the Company.

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         2.       Payment for Shares.

                  No payment from Common Holder is required for the Shares.

         3.       Vesting.

                  (a) As of the date of this Agreement, none of the Shares shall
be vested and all of the Shares shall be unvested. Any of the Shares which at
any point in time are vested pursuant to this Section 3 are referred to herein
as "Vested Shares" and any of the Shares which at any point in time have not yet
vested are referred to herein as "Unvested Shares" or "Restricted Shares." The
Restricted Shares shall vest, subject to Common Holder's continued employment by
the Company, according to the terms of Section 2.2.4 of the Employment
Agreement.

                  (b) Notwithstanding the vesting schedule in Section 3(a), in
the event Common Holder's employment is terminated by the Company without Cause
or by Common Holder for Good Reason, all of the Restricted Shares shall vest on
Common Holder's final date of employment.

                  (c) Notwithstanding the vesting schedule in Section 3(a), in
the event of an Approved Transaction, all of the Restricted Shares shall
immediately vest unless otherwise negotiated by the buyer to the mutual
satisfaction of Common Holder and the buyer.

         4.       Shares Restricted

         In addition to any other limitation on transfer created by applicable
securities laws, Common Holder shall not sell, assign, encumber, transfer,
pledge or otherwise dispose of (collectively, "Transfer") any Restricted Shares
or any interest in any of the Restricted Shares, except as provided in the next
sentence. With the consent of the Board of Directors of the Company, Common
Holder may transfer Restricted Shares to his spouse, children or grandchildren
or to a trust established by Common Holder for the benefit of Common Holder or
Common Holder's spouse, children or grandchildren. A transferee of Restricted
Stock must agree in writing on a form prescribed by the Company to be bound by
all provisions of this Agreement.

         5.       Forfeiture.

         In the event Common Holder's employment is terminated pursuant to 3.1
of the Employment Agreement for Cause or for Executive's resignation without
Good Reason, then the Shares shall be forfeited to the extent that they have not
vested before the termination date and do not vest as a result of the
termination. Forfeited Restricted Shares shall immediately revert to the
Company. Common holder receives no payment for Restricted Shares that are
forfeited.

<PAGE>

         6.       Stock Certificates.

         The Restricted Shares will be held by the Company for the benefit of
Common Holder. After Shares have vested, a stock certificate for those shares
will be released to Common Holder.

         7.       Voting Rights.

         The Restricted Shares shall not carry voting rights.

         8.       Withholding Taxes.

         No stock certificates will be released to Common Holder unless Common
Holder has made acceptable arrangements to pay any withholding taxes that may be
due as a result of this award or the vesting of any of the Shares. These
arrangements may include withholding Shares that otherwise would be released to
Common Holder when they vest. These arrangements may also include surrendering
shares of Company stock already owned by Common Holder. The fair market value of
the shares so surrendered, determined as of the date when taxes otherwise would
have been withheld in cash, will be applied as a credit against the withholding
taxes.

         9.       Restrictions on Resale.

         By signing this Agreement, Common Holder agrees not to sell any Shares
at a time when applicable laws or Company policies prohibit a sale. This
restriction will apply as long as Common Holder is an employee, consultant or
director of the Company or a subsidiary of the Company.

         10.      Adjustments.

         In the event of a stock split, a stock dividend or a similar change in
Company stock, the number of Restricted Shares that remain subject to forfeiture
will be adjusted accordingly.

         11.      Applicable Law.

         This Agreement will be interpreted and enforced under the laws of the
State of Delaware (without regard to their choice-of-law provisions).

         12.      The Plan and Other Agreements.

         The text of the K2 Design, Inc. 1997 Stock Incentive Plan is
incorporated in this Agreement by reference. This Agreement, the Plan and the
Employment Agreement constitute the entire understanding between the Company and
Common Holder regarding the award of Shares. Any prior agreements, commitments
or negotiations concerning this award of Shares are

<PAGE>

superceded. This Agreement may be amended only by another written agreement,
signed by both parties.

         BY SIGNING THE COVER SHEET OF THIS AGREEMENT, COMMON HOLDER AGREES TO
ALL OF THE TERMS AND CONDITIONS DESCRIBED ABOVE IN THE PLAN.<PAGE>

                                                                    EXHIBIT 10.3

www.k2design.com               K2 Design, Inc. A FULL SERVICE INTERACTIVE AGENCY

April 14, 2000

Mr. Matthew de Ganon
500 East 87 St. 11G
New York, NY 10128

Re: Terms of Employment

Dear Matt,

On behalf of the Compensation Committee of the Board of Directors of K2 Design,
Inc. (the "Company"), I am pleased to provide this letter to confirm the
modification to the terms of the extension of your Employment Agreement with the
Company, dated as of July 16, 1996 (the "Agreement") as follows:

          Effective immediately, your base salary will increase to $250,000.

Sincerely,

Lynn Fantom
President and CEO

                                                 30 broad street 16th floor
                                                 new york, ny 10004
                                                 212.301.8800 fax: 212.301.8801EXHIBIT 10.21

                   EMPLOYMENT AND NON-COMPETITION AGREEMENT

      This Employment Agreement (this "Agreement") between Horizon Offshore,
Inc., a Delaware corporation ("Company"), and Clay Etheridge ("Employee") is
dated as of September 1, 1999.

      The Company and the Employee agree as follows:

      1. EMPLOYMENT . The Company has hired the Employee and the Employee agreed
to be employed upon the terms and conditions hereinafter set forth.

      2. TERM. (a) Subject to the provisions for termination as hereinafter
provided, Employee's employment pursuant to the terms of this Agreement shall be
for the period expiring on August 31, 2002. Such period of employment is
referred to herein as the "Employment Term."

      (b) If Employee continues to serve as an employee of the Company after the
Employment Term, such continued employment shall be subject to the terms of this
Agreement but shall be terminable at will by either the Company or Employee.

      (c) Following Employee ceasing for whatever reason to be an employee of
the Company, each party shall have the right to enforce all rights, and shall be
bound by all obligations, of such party that are continuing rights and
obligations under the terms of this Agreement.

      3. DUTIES. The Employee shall perform such duties, consistent with the
Employee's job title, as may be prescribed from time to time by the Board of
Directors of the Company (the "Board") or officers to whom such authority has
been delegated.

      4. COMPENSATION AND BENEFITS. The Company will provide or will cause to be
provided to Employee a minimum annual base salary of $200,000. The Employee
shall be entitled to all benefits and perquisites provided to similarly situated
employees of the Company.

      5. TERMINATION OF EMPLOYMENT.

      (a) During the Employment Term, the Employee's status as an employee will
terminate immediately and automatically upon the earliest to occur of:

            (i)   the death or "Disability" (as defined below) of the Employee;

            (ii)  the discharge of the Employee by the Company "For Cause" (as
                  defined below);

            (iii) the expiration of the Employment Term.

The Employee hereby accepts such employment subject to the terms and conditions
hereof.

                                      -1-
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      (b) As used herein, "For Cause" shall mean any one or more of the
following:

            (i)   material or repeated violations by the Employee (after notice
                  thereof from the Company) of the terms of this Agreement or
                  the Employee's material or repeated failure (after notice
                  thereof from the Company) to perform the Employee's duties in
                  a manner consistent with the Employee's position;

            (ii)  excessive absenteeism on the part of the Employee not related
                  to illness or disability;

            (iii) the Employee's indictment for a felony;

            (iv)  the Employee's commission of fraud, embezzlement, theft or
                  other acts involving dishonesty, or crimes constituting moral
                  turpitude, in any case whether or not involving the Company,
                  that, in the opinion of the Board, renders the Employee's
                  continued employment harmful to the Company;

            (v)   substance abuse on the part of the Employee; or

            (vi)  the Employee acting in bad faith relative to the Company's
                  business interests.

      Anything in this Agreement to the contrary notwithstanding, the Employee's
employment may not be terminated "For Cause" unless and until there shall have
been delivered to the Employee a copy of a resolution duly adopted by the
affirmative vote of not less than a majority of the entire membership of the
Board (without giving effect to the Employee's status as a director or any vote
of the Employee) at a meeting of the Board called and held for the purpose
(after reasonable notice to the Employee and an opportunity for the Employee to
be heard before the Board), finding that in the good faith opinion of the Board
the Employee was guilty of any of the conduct set forth in clauses (i) through
(vi) of this subparagraph (b) and specifying the particulars thereof in detail.

      (c) As used herein, "Disability" shall mean a physical or mental
incapacity of the Employee that, in the good faith determination of the Board
has prevented the Employee from performing the duties assigned the Employee by
the Company for 60 consecutive days or for a period of more than 90 days in the
aggregate in any 12-month period and that, in the determination of the Company
after consultation with a medical doctor appointed by the Company, may be
expected to prevent the Employee for any period of time thereafter from devoting
the Employee's full time and energies (or such lesser time and energies as may
be acceptable to the Company in its sole discretion) to the Employee's duties as
provided hereunder. The Employee's employment hereunder, except as otherwise
agreed to in writing between the Company and the Employee, shall cease as of the
date of such determination. The Employee agrees to submit to medical
examinations, at the Company's sole cost and expense, to determine whether a
Disability exists pursuant to reasonable requests that the Company may make from
time to time. During the period of any such physical or mental incapacity as
provided above, the salary otherwise payable to the Employee may,

                                      -2-
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in the absolute discretion of the Company, be reduced by the amount of any
disability benefits or payments received by the Employee from the Company or any
disability or health plan funded in whole or in part by the Company (excluding
health insurance benefits or other reimbursement of medical expenses
attributable to insurance policies that have not been funded in any part by the
Company).

      6. TRADE SECRETS, ETC. The Employee shall hold, both during the Employment
Term and thereafter, in a fiduciary capacity for the benefit of the Company all
secret or confidential information, knowledge or data relating to the Company or
any of its subsidiaries or corporate affiliates and their respective businesses
and operations, which shall have been obtained by the Employee during the
Employee's employment (whether prior to or after the date hereof) and which
shall not have become public knowledge (other than by acts of the Employee or
his representatives in violation of this Agreement). The Employee agrees (i)
that, without the prior written consent of the Company or as may be otherwise
required by law or legal process, he will not communicate or divulge any such
information, knowledge or data to any party other than the Company and (ii) to
deliver promptly to the Company upon its written request any confidential
information, knowledge or data in his possession, whether produced by the
Company or any of its subsidiaries and corporate affiliates or by the Employee,
that relates to the business of the Company or any of its subsidiaries and joint
ventures or any past, current or prospective activity of the Company or any of
its subsidiaries and joint ventures. The Employee shall be permitted to retain
copies of such data as are necessary in order to enable the Employee to assert
any rights under this Agreement, provided that such data shall be used solely
for such purpose.

      7. LIMITED COVENANT NOT TO COMPETE. (a) While Employee is employed by the
Company and for a period of one year following the termination of Employee's
employment with the Company the Employee will not, directly or indirectly, own,
manage, operate, control, be employed by, participate in, or be connected in any
manner with the ownership, management, operation or control of any company or
other business enterprise engaged in a line or lines of business similar to that
of the Company or any of its subsidiaries or joint ventures, within the State of
Texas, Louisiana, Mississippi, Alabama or Florida (including any area offshore
in the Gulf of Mexico or any such state) or any other jurisdiction, whether
within or outside the United States in which the business of the Company or any
of its subsidiaries or joint ventures is carried on, so long as the Company or
any of its subsidiaries or joint ventures carries on a like line of business
therein; provided, however, that nothing contained herein shall prohibit the
Employee from making investments in any publicly held company which do not
exceed in the aggregate two percent of the equity interest of such company.

            (b) As part of the consideration for the compensation and benefits
to be paid to the Employee hereunder; to protect the trade secrets and
confidential information of Company and its affiliates that have been and will
in the future be disclosed or entrusted to the Employee, the business good will
of the Company and its affiliates that has been and will in the future be
developed in the Employee, or the business opportunities that have been and will
in the future be disclosed or entrusted to the Employee by the Company and its
affiliates; and, as an additional incentive for the Company to enter in this
Agreement, the Company and the Employee agree to the non-competition

                                      -3-
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obligations hereunder. The obligations of the Employee set forth in this Section
7 shall apply during the term of this Agreement and shall survive termination of
this Agreement and/or the termination of the Employee's services under this
Agreement regardless of the reason for such termination.

      8. NO TAMPERING. While Employee is employed by the Company and for one
year following the termination of Employee's employment with the Company, the
Employee shall not (a) request, induce or attempt to influence any supplier of
goods or services to the Company curtail or cancel any business they may
transact with the Company; (b) request, induce or attempt to influence any
customers of the Company that have done business with or potential customers
which have been in contact with the Company to curtail or cancel any business
they may transact with the Company; or (c) request, induce or attempt to
influence any employee of the Company to terminate his or her employment with
the Company.

      9. STATEMENTS CONCERNING THE COMPANY. The Employee shall refrain, both
during the Employment Term and following the termination of Employee's
employment by the Company for any reason, from publishing any oral or written
statements about the Company, any of its affiliates, or any of such entities'
officers, employees, agents or representatives that are slanderous, libelous, or
defamatory; or that disclose private or confidential information about the
Company, any of its affiliates, or any of such entities' business affairs,
officers, employees, agents or representatives; or that constitute an intrusion
into the seclusion or private lives of the Company, any of its affiliates, or
any of such entities' officers, employees, agents or representatives or that
give rise to unreasonable publicity about the private lives of the Company, any
of its affiliates, or any of such entities' officers, employees, agents or
representatives; or that place the Company, any of its affiliates, or any of
such entities' officers, employee, agents or representatives in a false light
before the public; or that constitute a misappropriation of the name or likeness
of the Company, any of its affiliates, or any of such entities; officers,
employees, agents or representatives. A violation or threatened violation of
this prohibition may be enjoined by the courts. The rights afforded the Company
and its affiliates under this provision are in addition to any and all rights
and remedies otherwise afforded by law.

      10. INJUNCTIVE RELIEF. In the event of a breach or threatened breach by
the Employee of the provisions of Sections 6, 7, 8 or 9 of this Agreement during
or after the term of this Agreement, the Company shall be entitled to injunctive
relief restraining the Employee from violation of such paragraph. Nothing herein
shall be construed as prohibiting the Company from pursuing any other remedy at
law or in equity it may have in the event of breach or threatened breach of this
Agreement by the Employee.

      11.   BINDING EFFECT.

            (a) This Agreement shall be binding upon and inure to the benefit of
the Company and any of its successors or assigns.

            (b) This Agreement is personal to the Employee and shall not be
assignable by the Employee without the consent of the Company (there being no
obligation to give such consent) other than such rights or benefits as are
transferred by will or the laws of descent and distribution.

                                      -4-
<PAGE>
            (c) The Company will require any successor or assign (whether direct
or indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the assets or businesses of the Company (i) to assume
unconditionally and expressly this Agreement and (ii) to agree to perform all of
the obligations under this Agreement in the same manner and to the same extent
as would have been required of the Company had no assignment or succession
occurred, such assumption to be set forth in a writing reasonably satisfactory
to the Employee. In the event of any such assignment or succession, the term
"Company" as used in this Agreement shall refer also to such successor or
assign.

      12. NOTICES. Any notice or other communication required under this
Agreement shall be in writing, shall be deemed to have been given and received
when delivered in person, or, if mailed, shall be deemed to have been given when
deposited in the United States mail, first class, registered or certified,
return receipt requested, with proper postage prepaid, and shall be deemed to
have been received on the third business day thereafter, and shall be addressed
as follows:

      If to the Company, addressed to:

      Horizon Offshore, Inc.
      2500 City West Boulevard, Suite 2200
      Houston, Texas 77042
      Attention:  James K. Cole

      If to the Employee, addressed to:

      Clay Etheridge
      c/o Horizon Offshore, Inc.
      2500 City West Boulevard, Suite 2200
      Houston, Texas 77042

or such other address as to which any party hereto may have notified the other
in writing.

      13. GOVERNING LAW. This Agreement shall be governed by and interpreted in
accordance with the laws of the State of Texas.

      14. ENTIRE AGREEMENT. This Agreement and the documents referred to herein,
contain or refer to the entire arrangement or understanding between the Employee
and the Company relating to the employment of the Employee by the Company. No
provision of the Agreement, may be modified or amended except by an instrument
in writing signed by or for both parties hereto.

      15. SEVERABILITY. If any term or provision of this Agreement, or the
application thereof to any person or circumstance, shall at any time or to any
extent be invalid or unenforceable, the remainder of this Agreement, or the
application of such term or provision to persons or

                                      -5-
<PAGE>
circumstances other than those as to which it is held invalid or unenforceable,
shall not be affected thereby and each term and provision of this Agreement
shall be valid and enforced to the fullest extent permitted by law.

      16. WAIVER OF BREACH. The waiver by either party of a breach of any
provision of this Agreement shall not operate or be construed as a waiver of any
subsequent breach thereof.

      17. REMEDIES NOT EXCLUSIVE. No remedy specified herein shall be deemed to
be such party's exclusive remedy, and accordingly, in addition to all of the
rights and remedies provided for in this Agreement, the parties shall have all
other rights and remedies provided to them by applicable law, rule or
regulation.

      18. BENEFICIARIES. Whenever this Agreement provides for any payment to be
made to the Employee or his estate, such payment may be made instead to such
beneficiary or beneficiaries as the Employee may have designated in writing and
filed with the Company. The Employee shall have the right to revoke any such
designation from time to time and to redesignate any beneficiary or
beneficiaries by written notice to the Company.

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

      IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date just above written.

                                    HORIZON OFFSHORE, INC.

                                    By:_________________________________________
                                                      Bill J. Lam
                                                        President

                                    EMPLOYEE:

                                    ____________________________________________
                                                    Clay Etheridge
                                       6
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