Document:

EXHIBIT 10.14
                                                                   -------------

                              EMPLOYMENT AGREEMENT
                              --------------------

                      Entered into as of September 12, 2002

                                     between

                               LIFEWAY FOODS, INC.

                                       and

                                JULIE SMOLYANSKY

THIS AGREEMENT, made in the City of Morton Grove and State of Illinois, as of
the 12th day of September, 2002 (the "Agreement Effective Date"), between
Lifeway Foods, Inc., an Illinois corporation, and any successors in interest
thereto (hereinafter called the "Company"), and Julie Smolyansky of Chicago,
Illinois (hereinafter called the "Executive").

                                    RECITALS

Executive has assumed the role of Chief Executive Officer ("CEO") of the Company
on June 10, 2002 by decision of the Board of Directors of the Company and
pursuant to the succession instructions of the Company's late Chairman of the
Board ("Chairman") and CEO, Michael Smolyansky.

Company and Executive are desirous of entering into a new employment agreement
with a term commencing on September 12, 2002.

IT IS AGREED by and between the parties hereto as follows:

                                    ARTICLE I

                                   EMPLOYMENT

1.1 TERM AND DUTIES. the Company agrees to and does employ the Executive to
perform the duties of CEO in accordance with the terms of this Agreement. The
period (the "Term") of such employment shall begin on September 12, 2002. The
duties of the Executive shall be those commensurate with the office of CEO of
the Company. In such capacity she shall have general charge of the business and
affairs of the Company. Neither the Executive's title nor any of her functions
shall be changed without her consent. While it is understood that the right to
elect directors and officers of the Company is by law vested in the stockholders
and directors of the Company, it is nevertheless mutually contemplated, subject
to such rights, that the Executive shall, at all times during her employment, be
CEO of the Company and shall be a member of the Board of Directors of the
Company.

1.2 COMPENSATION. In consideration of Executive's services during the Term, the
Company agrees to pay the Executive (a) an annual salary ("Base Salary") and (b)
an annual bonus subject to such incentive bonus targets and plans which the
Company may adopt and amend from time to time. Nothing in this Agreement shall
preclude or in any way affect the grant by the Company or the receipt by the
Executive of increases in such salary or any such bonuses or other forms of
additional compensation, including additional equity or equity-based awards, any
such salary and/or bonus increases and additional compensation, contingent or
otherwise. The Executive's salary shall never be reduced during the Term without
the Executive's consent.

<PAGE>

1.3 PAYMENT SCHEDULE. The Base Salary shall be payable as current salary, in
installments not less frequently than monthly, and at the same rate for any
fraction of a month unexpired at the end of the Term.

1.4 EXPENSES. During the Term the Executive shall be allowed reasonable
traveling, lodging and entertainment expenses and shall be furnished office
space, assistance and accommodations suitable to the character of her position
with the Company and adequate for the performance of her duties hereunder.

1.5 BENEFITS. The Executive and/or the Executive's family, as the case may be,
shall be eligible for participation in and shall receive all benefits under
savings and retirement programs, welfare benefit plans, fringe benefit programs
and perquisites provided by the Company and its affiliates, at least as
favorable as the most favorable of such plans and programs provided to employees
of the Company in effect from time to time.

1.6 TERMINATION IN CASE OF DISABILITY. The Executive shall not be in breach of
this Agreement if she shall fail to perform her duties hereunder because of
physical or mental disability. If for a continuous period of twelve (12) months
during the Term the Executive fails to render services to the Company because of
the Executive's physical or mental disability, the Board or its delegate may end
the Term. If there should be any dispute between the parties as to the
Executive's physical or mental disability at any time, such question shall be
settled by the opinion of an impartial reputable physician agreed upon for the
purpose by the parties or their representatives, or failing agreement within
sixty (60) days of a written request therefor by either party to the other, then
one designated by the then president of the local Academy of Medicine.

1.7 TERMINATION OF SERVICES. If, prior to the end of the Term, the Company shall
terminate the Executive's employment other than for Cause, the Executive
terminates her employment for Good Reason or the Executive terminates her
employment due to death, then the Company shall immediately thereupon pay the
Executive or Executive's spouse, or other beneficiary if so designated, a lump
sum in cash (a) twice the full amount of salary that would be payable to the
Executive under Section 1.2, and subject to any salary increases awarded to the
Executive since the date of this Agreement, and (b) the aggregate of the annual
bonus for which the Executive is eligible under Section 1.2(b) of this Agreement
and such incentive bonus target plan(s) the Company may adopt and amend from
time to time.

1.8 TERMINATION FOR CAUSE. The Company may terminate the employment of the
Executive and this Agreement and all of its obligations hereunder, except for
obligations accrued but unpaid to the effective date of termination, for Cause
upon notice given pursuant to this Section. As used in this Agreement, the term
"Cause" shall mean (a) the willful breach of duty by the Executive in the course
of her employment, (b) the Executive's habitual neglect of her duties, (c) a
material willful breach by the Executive of her duties under this Agreement
which breach is not cured by the Executive within sixty (60) days of receipt of
written notice thereof from the Company to the Executive, or (d) the Executive's
final conviction of a felony, which conviction is nonappealable or for which the
period of filing an appeal has expired

"Cause" shall not include (a) bad judgment or negligence of the Executive, or
(b) any act or omission believed by the Executive in good faith to have been in
or not opposed to the interests of the Company and reasonably believed by the
Executive not to have been improper or unlawful, or (c) an act or omission with
respect to which notice of termination is given more than six (6) months after
the earliest date on which any non-employee director of the Company who was not
a party to such act or omission knew or should have known of such act or
omission.

1.9 The Term "Good Reason" Means:

A. The assignment to the Executive of any duties materially inconsistent with
the Executive's position (including status, offices, titles and reporting
requirements), authority, duties or responsibilities as contemplated in Article
I of this Agreement, or any other action by the Company which results in a
material diminution in such position, authority, duties or responsibilities,
excluding for this purpose an action not taken in bad faith and which is
remedied by the Company within ten (10) days after receipt of written notice
thereof given by the Executive, provided that repeated instances of such action
shall be evidence of the bad faith of the Company;

B. any material failure by the Company to comply with any of the provisions of
this Agreement, other than a failure not occurring in bad faith and which is
remedied by the Company within ten (10) days after receipt of written notice
thereof given by the Executive, provided that repeated failures shall be
evidence of the bad faith of the Company;

<PAGE>

C. failure of the Executive to be elected or reelected Chief Executive Officer
of the Company or to be elected or reelected to membership on the Company's
Board of Directors; or

D. any purported termination by the Company of the Executive's employment
otherwise than as expressly permitted by this Agreement.

1.10 LOCATION OF EMPLOYMENT. Company shall not require Executive to be based in
any office or location other than within the Chicago, Illinois Metropolitan Area
without her agreement, except for travel reasonably required in the performance
of the Executive's responsibilities.

                                   ARTICLE II

                                OTHER PROVISIONS

2.1 PERFORMANCE OF DUTIES. The Executive agrees that during the Term (a) she
will faithfully perform the duties of her employment hereunder, and that she
will devote to the performance of said duties all such time and attention as
they shall reasonably require, taking, however, from time to time (as the
Company agrees that she may) reasonable vacations; and (b) she will not become
actively associated with or engaged in any competing business (as hereinafter
defined), unless in the context of a merger, acquisition or joint venture
conducted in the best interests of the Company, while she is employed by the
Company and she will do nothing inconsistent with her duties to the Company.

In the event that (i) the Executive is advised at any time by the Company in
writing that her services will no longer be required during the Term or (ii) the
employment of the Executive is terminated by the Executive for Good Reason,
Executive shall be free to become actively engaged with another business
regardless of whether it is a competing business. Executive agrees that during
the Term she will not disclose to anyone outside of the Company, or use in other
than the Company's business, confidential information relating to the Company's
business. It is understood that violation of this provision would cause
irreparable harm to the Company and that Company may seek to enjoin any such
violation or to take any other applicable action. As used in this Section 2.1 a
"competing business" shall be any business which at the time of determination,
is the business of manufacturing, selling or marketing kefir products conducted
by Company, or any of its subsidiaries, or subsidiaries of subsidiaries, or
affiliates, or divisions.

                                   ARTICLE III

                                  MISCELLANEOUS

3.1 ASSIGNMENT. This Agreement shall not be assignable by the Company without
the written consent of the Executive. The Executive may not assign, pledge, or
encumber her interest in this Agreement, or any part thereof, without the
written consent of the Company.

3.2 GOVERNING LAW. This Agreement and all questions arising in connection
herewith shall be governed by the internal substantive and procedural laws of
the State of Illinois. The Company and the Executive each consent to the
jurisdiction of, and agree that any controversy between them arising out of this
Agreement shall be brought in the Circuit Court of Cook County, Illinois or such
other court venued within Cook County, Illinois as may have subject matter
jurisdiction over the controversy.

3.3 SEVERABILITY. If any portion of this Agreement is held to be invalid or
unenforceable, such holding shall not affect any other portion of this
Agreement.

3.4 ENTIRE AGREEMENT. This Agreement comprises the entire agreement between the
parties hereto and as of the date hereof, supersedes, cancels and annuls any and
all prior agreements between the parties hereto. This Agreement may not be
modified, renewed or extended orally, but only by a written instrument referring
to this Agreement and executed by the parties hereto.

<PAGE>

3.5 GENDER AND NUMBER. Words in the masculine herein may be interpreted as
feminine or neuter, and words in the singular as plural, and vice versa, where
the sense requires.

3.6 NOTICES. Any notice or consent required or permitted to be given under this
Agreement shall be in writing and shall be effective when given by personal
delivery or five business days after being sent by certified US mail, return
receipt requested, to the Company at its principal place of business in the City
of Morton Grove or to the Executive at her last known address as shown on the
records of the Company.

3.7 WITHHOLDING TAXES. The Company may withhold from any amounts payable under
this Agreement all federal, state, city or other taxes as shall be required
pursuant to any law or governmental regulation or ruling.

3.8 WAIVER AND RELEASE. In consideration of the Company's entering into this
Agreement, and the receipt of other good and valuable consideration, the
sufficiency of which is expressly acknowledged, the Executive, for himself and
her successors, assigns, heirs, executors and administrators, hereby waives and
releases and forever discharges the Company and its affiliates and their
officers, directors, agents, Executives, shareholders, successors and assigns
from all claims, demands, damages, actions and causes of action whatsoever which
she now has on account of any matter, whether known or unknown to her and
whether or not previously disclosed to the Executive or the Company, that
relates to or arises out of any existing or former employment agreement (written
or oral) entered into between the Executive and the Company or any of its
affiliates (or any amendment or supplement to any such agreement).

3.9 ENFORCEMENT OF AGREEMENT. If the Executive incurs legal or other fees and
expenses in an effort to establish entitlement to benefits under this Agreement,
regardless of whether the Executive ultimately prevails, the Company shall
reimburse her for such fees and expenses, unless a court of competent
jurisdiction determines that the Executive made such effort in bad faith.

Reimbursement of fees and expenses described in the preceding paragraph shall be
made monthly during the course of any action upon the written submission of a
request for reimbursement together with proof that the fees and expenses were
incurred

3.10 MISCELLANEOUS. Except as specifically provided herein, all accounts payable
pursuant to this Agreement shall be paid without reduction regardless of any
amounts of salary, compensation or other amounts which may be paid or payable to
Executive from any source or which Executive could have obtained upon seeking
other employment; provided that the Company shall be permitted to make all
payments pursuant to this Agreement net of any legally required tax
withholdings. Executive shall not be required to seek other employment, and
there shall be no offset to amounts due hereunder as a result of any salary,
compensation or other amounts Executive may be paid from other sources.

IN WITNESS WHEREOF, the parties hereto have hereunto and to a duplicate hereof
set their signatures as of September 12, 2002.

LIFEWAY FOODS, INC.                             JULIE SMOLYANSKY

By: /s/ Renzo Bernardi                          By: /s/ Julie Smolyansky
    ----------------------------                    ----------------------------
    Renzo Bernardi                                  Julie Smolyansky
    On behalf of the Board of DirectorsExhibit 10.25 -- OFFICER AND DIRECTOR AGREEMENT

   This Agreement (this "Agreement") is entered into by and between Trezac
Holdings Corporation, a Texas corporation (the "Company") Paul R. Taylor
("Chairman and Chief Executive Officer") as of this day of Wednesday,
February 12, 2003 replaces and supercedes the previous agreement that
Paul R Taylor has with the Company

   The Company and Paul Taylor are sometimes referred to herein individually
as a "Party" and together as the "Parties."

   WHEREAS, the Board of Directors desires to hire Paul Taylor to serve as the
Executive Chairman of the Board and CEO for the Company and its subsidiaries
under the terms and conditions set forth herein; and

   WHEREAS, Paul Taylor desires to be engaged as Executive Chairman and CEO
for the Company under the terms and conditions set forth herein.

   NOW, THEREFORE, in consideration of the mutual covenants and agreements and
other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the Parties agree as follows:

1) TERM.  The Company hereby engages Paul Taylor as CEO and Executive Chairman
to the Company and each of its subsidiaries and Paul Taylor accepts such
engagement commencing on January 9, 2003 and continuing for a term of three (3)
years thereafter (the "Term").

The Term may be extended by agreement of the Parties on mutually acceptable
terms and conditions.

o  Duties as Executive Chairman. During the Term, Paul Taylor
   shall oversee and direct all activities related to the publicly-
   held status of the Company to include among other duties typical
   to such office:

     Capital Markets Development ;
     a. Sourcing and Funding both Debt and Equity
     b. Institutional Investor Development
     c. Investor Relations/Public Relations and Spokesperson to
        Broker and Institutional Meetings and Seminars;
     d. Analyst Coverage Development; and
     e. Formation of the Companies Board and all functions of the
        Board
     f. Counsel to Acquisition Program
     g. Leading role in Acquisition Team

                                      -1-

<PAGE>

2) SALARY /COMPENSATION /BONUS

o  The base salary of $150,000 per year by payment of $150,000 of
   compensation in cash payable in installments according to the Company's
   regular payroll schedule.
o  Taylor shall have irrevocable eligibility for annual increases of the
   base salary to a maximum of 5% per year, but not decreases, at the
   discretion of the Board.
o  Taylor's annual bonus is equal to maximum of 500% of the Chairman's
   annual salary at the discretion of the Board.
o  The Company agrees to pay to Taylor 2,108,781 common shares restricted
   under rule 144 upon the completed acquisition of Millagro SRL.
o  The Company agrees to compensate Taylor with common stock upon any
   subsequent acquisitions to a maximum of 10% of each acquisition price when
   paid in stock, or stock to the value of a maximum of 10% in each occurrence
   if acquisition is paid for in cash.

3) BENEFITS

o  Holidays. Taylor will be entitled to at least fourteen (14) paid
   holiday days and (15) personal days each calendar year.
o  Company will notify Taylor on or about the beginning of each calendar
   year with respect to the holiday schedule for the coming year.
o  Personal holidays, if any, will be scheduled in advance subject to
   requirements of the Company. Such holidays must be taken during the
   calendar year and cannot be carried forward into the nets year.
o  Sick Leave. Taylor shall be entitled to sick leave and emergency leave
   according to the regular policies and procedures of the Company.
   Additional sick leave or emergency leave over and above paid leave provided
   by the Company, if any, shall be unpaid and shall be granted at the
   discretion of the Board of Directors of the Company.
o  Medical and Group Life Insurance. The Company agrees to include
   Taylor, Spouse, present and future children in the group medical and
   hospital plan of the Company and provide group life insurance for Taylor at
   no charge to Taylor in the amount of ten times the annual salaried income
   during this Agreement. Taylor shall be responsible for payment of any
   federal or state income tax imposed upon these benefits.
o  D&O Insurance.  The Company will provide D&O insurance commensurate with
   $10,000,000 of risk.
o  Pension and Profit Sharing Plans. Taylor shall be entitled to
   participate in any pension or profit sharing plan or other type of plan
   adopted by the Company for the benefit of its officers and/or regular
   employees.
o  Expense Reimbursement. Taylor shall be entitled to reimbursement for
   all reasonable expenses, including travel and entertainment, incurred by
   Taylor in the performance of duties. Taylor will maintain records and
   written receipts as required by the Company's policy and reasonably
   requested by the Board of Directors to substantiate such expenses.

   4) TERMINATION.

a.  Notwithstanding anything to the contrary herein, in the event Taylor
    intentionally breaches a material provision of this Agreement (for
    purposes hereof, the covenants in Sections 6, 7 and 8 shall be deemed to
    be material provisions), the Company shall have the right to terminate
    this Agreement by giving Taylor written notice thereof (and such
    termination shall be effective upon the date of such notice).

b.  On or after Term of contract, either Party may terminate this Agreement
    at any time by giving written notice to the other (and such termination
    shall be effective ten (10) business days after the date of such notice,
    unless otherwise agreed to by the Parties).

c.  The Company's right of termination shall be in addition to and shall not
    affect its rights and remedies under Sections 6, 7, 8 and 9 hereof, and
    such rights and remedies under such Sections shall survive termination
    of this Agreement.

d.  In the event of termination of this Agreement pursuant to the terms
    hereof, Taylor shall have the right to receive all compensation for any
    period subsequent to the date of such termination, except for any pro
    rated amounts earned prior to such termination, and all rights of Taylor
    to receive compensation for any period subsequent to the date of such
    termination shall be effective in their entirety.

e.  In the event of termination for cause or not for cause, all stock held
    by Taylor will be deemed fully vested under rule 144 and the Company
    will provide a legal opinion at the Company's expense stating such 144
    stock held by Taylor is fully vested, and remove legend accordingly.

                                      -2-

<PAGE>

5) NON-COMPETITION AGREEMENTS.

Without the prior consent of the Company, Taylor shall not, for a
period extending from the date hereof and continuing for so long as
Taylor is receiving payments from the Company for services provided
hereunder, directly or indirectly, be employed in any capacity by,
serve as an employee, agent, officer or director of, serve as
advisor to, or otherwise participate in the management or operation
of, any person, firm, corporation or other entity of any kind
(collectively, a "Person") which engages in any facet of the
business of Moldovian industry.

6) CONFIDENTIALITY. Taylor shall not, at any time, divulge to any
Person (as defined in Section 6 above), other than to employees of
the Company and its affiliates who have a need to know such
information in connection with the performance of their duties on
behalf  of the Company and except as required by law, any
confidential, proprietary or privileged information to which Taylor
becomes privy during the Term, including, without limitation,
information relating to the financial condition, business,
operations, or method of business of the Company or its affiliates,
customer and supplier information, independent contractor
information, know-how, trade-secrets, procedures, litigation or
other confidential  information regarding the affairs of the
Company, or any of its officers, directors, stockholders,
subsidiaries, affiliates, customers or suppliers ("Confidential
Information").

Confidential Information does not include any information that (i)
is or becomes generally available to the public other than as a
result of a disclosure by Taylor or anyone to whom Taylor transmits
the Confidential Information in accordance with this Agreement, or
(ii) becomes available to Taylor on a non-confidential basis from a
source other than the Company or its affiliates.

7) NONSOLICITATION OF EMPLOYEES.  Taylor shall not, for a period
extending from the date hereof and continuing for so long as Taylor
is receiving payments from the Company for services provided
hereunder, directly or indirectly, solicit, interfere with, employ
or retain in any other capacity any employee of the Company or any
of its affiliates, nor permit, encourage or allow any entity in
which the Taylor owns, directly or indirectly, more than a 5%
equity or proprietary interest or the right or option, legally or
beneficially, directly or indirectly, to acquire or own any stock
or other proprietary or equity interest, to solicit, interfere
with, employ or retain in any other capacity any employee of the
Company or any of its affiliates.

<PAGE>

8) REMEDIES.  Taylor acknowledges and agrees that (a) the covenants contained
in Sections 6, 7 and 8 hereof are reasonable in content and scope, are entered
into by Taylor in partial consideration for the compensation to be paid to
Taylor hereunder and are a necessary and material inducement to the Company to
go forward with the engagement contemplated by this Agreement, and (b) the
services and agreements to be performed hereunder by Taylor are of a unique,
special and extraordinary character, and that a breach by Taylor  of any
covenants contained in Sections 6, 7 and 8 above would result in irreparable
damage to the Company and its affiliates which may be unascertainable.
Accordingly, Taylor agrees that, in the event of any breach or threatened
breach of any of the covenants contained in Sections 6, 7 and 8, the Company
and its affiliates shall be entitled, in addition to money damages and
reasonable attorneys' fees and the right, in the Company's sole and absolute
discretion, to terminate this Agreement, to seek an injunction or other
appropriate equitable relief to prevent such breach or any continuation thereof
in any court of competent jurisdiction.

9) INDEMNIFICATION. The Company shall indemnify and hold harmless Taylor from
and against any claims, judgments, liabilities, obligations, expenses
(including reasonable attorneys' fees) and costs incurred by Paul Taylor that
arise from the performance by Taylor of services for the Company in accordance
with the terms hereof, to the extent that (i) Taylor acted in good faith and
in a manner which Taylor reasonably believed to be in, or not opposed to, the
best interests of the Company, and (ii) with respect to any criminal proceeding,
Taylor had no reasonable cause to believe the conduct was unlawful.

10) NOTICES.  All notices or other communications in connection with this
Agreement shall be in writing and may be given by personal delivery or mailed,
certified mail, return receipt requested, postage prepaid or by a nationally
recognized overnight courier to the Parties at the addresses set forth below
(or at such other address as one Party may specify in a notice to the other
Party):

Paul Taylor
20509 Meeting Street
Boca Raton Fl 33434

11) GOVERNING LAW.  This Agreement shall be governed by and construed in
accordance with the laws of the State of Texas.

12) ATTORNEYS' FEES. The Parties agree that, if any action is instituted to
enforce this Agreement, the Party not prevailing shall pay to the prevailing
Party all costs and expenses, including reasonable attorneys' fees, incurred
by such prevailing party in connection with such action. If both Parties
prevail in part in such action, the court or  arbitrator(s) shall allocate
the financial responsibility for such costs and expenses.

                                     -3-

<PAGE>

13) ENTIRE AGREEMENT; AMENDMENTS.  This Agreement represents the entire
agreement between the Parties with respect to the matters addressed herein and
supersedes all prior negotiations, representations or agreements between the
Parties, either written or oral, on the subject matter hereof. This Agreement
may not be amended, modified, altered or rescinded except upon a written
instrument designated as an amendment to this Agreement and executed by both
Parties hereto.

14) SEVERABILITY.  If any provision of this Agreement, or part thereof, is
held invalid, void or voidable as against public policy or otherwise, the
invalidity shall not affect other provisions, or parts thereof, which may be
given effect without the invalid provision or part. If any provisions of this
Agreement shall be held to be excessively broad as to duration, geographical
scope, activity or subject, such provisions shall be construed by limiting or
reducing the same so as to render such provision enforceable to the extent
compatible with applicable law.

15) WAIVER. Failure on the part of the Company to exercise any right or option
arising out of a breach of this Agreement shall not be deemed a waiver of any
right or option with respect to subsequent or different breach, or the
continuation of any existing breach.

16) COUNTERPARTS; TELECOPIED SIGNATURES.  This Agreement may be executed in
one or more counterparts, each of which shall be deemed an original but all of
which when taken together shall constitute one and the same agreement.
Signatures may be exchanged by telecopy and the originals shall be exchanged
by overnight mail.  Each of the Parties agrees that it will be bound by it
telecopied signature and that it accepts the telecopied signature of the other
Party.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the day and
date first above written.

By /s/ Paul Taylor
----------------------------
Paul Taylor
Wednesday, February 12, 2003

                                       -4-

<PAGE>

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