Document:

Exhibit 10.17

                                      ELXSI
                              3600 Rio Vista Avenue
                                     Suite A
                             Orlando, Florida 32805

                                                                  March 28, 2003

Daniel E. Bloodwell

----------------------------

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                     ELXSI 1991 Phantom Stock Plan ("Plan")
                     --------------------------------------

Dear Sir:

         Reference is made to the Plan as well as to that certain letter
agreement, dated December 11, 2001 (the "Prior Letter Agreement"), with respect
to the Plan between the undersigned ELXSI, a California corporation (the
"Company"), on the one hand, and each of Daniel E. Bloodwell, Robert T.
Germaine, Lawrence J. Pszenny and James P. Shine (collectively, the
"Optionees"), on the other. Capitalized terms used and not defined herein have
the respective meanings ascribed to such terms under the Plan and/or Prior
Letter Agreement, as applicable.

         Under the Prior Letter Agreement, the Company and Optionees
memorialized their mutual agreement with respect to your (and the other
Optionees') right to receive payment in connection with your (and the other
Optionees') July 2001 exercises in full of your (and the other Optionees)
Phantom Stock Option Rights. Since the date of the Prior Letter Agreement, the
Company has paid to you (and the other Optionees) the Additional Compensation
called for under section 2 thereof on a current basis, but has not paid any of
the Principal Payment as required under section 3 thereof. This agreement is to
set forth and memorialize our new agreement with respect to your right to
receive payment of the Principal Payment and Additional Compensation.

         Therefore, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged by each party hereto, you and the
Company hereby agree that, notwithstanding anything to the contrary set forth in
the Plan or the Prior Letter Agreement:

21.      Under the Prior Letter Agreement, the Company agreed to pay to you
         $1,284,676 in the aggregate plus Additional Compensation of 7% per
         annum on the amount of unpaid Principal Payment from and after October
         1, 2001.

22.      The Company shall continue to pay you Additional Compensation on a
         current basis from and after the date hereof, monthly in arrears on the
         first day of each calendar month commencing with April 1, 2003.

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March 28, 2003
Page 2
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23.      The Company shall pay the Principal Payment in installments as
         hereinafter provided commencing on the first day of the calendar month
         that immediately follows the later to occur of (as the case may be, the
         "Amortization Commencement Date"): (i) February 1, 2004, and (ii) the
         date on which the Senior Debt (as defined in the BofA Subordination
         Agreement (defined hereinbelow)) shall have been indefeasibly paid in
         full in cash.

24.      Installments of Principal Payment shall paid monthly on or before the
         first day of each calendar month on or after the Amortization
         Commencement Date and shall be calculated and paid on a "mortgage"
         amortization basis over a four year period commencing on the
         Amortization Commencement Date (provided that if more than one month's
         Additional Compensation is unpaid on the Amortization Commencement
         Date, such additional unpaid amount shall be paid on the Amortization
         Commencement Date). By way of illustration, under the foregoing
         provisions if the Company makes full payment of all Principal Payment
         and Additional Compensation in 48 consecutive monthly installments
         commencing on the Amortization Commencement Date, the amount of each
         such installment payment (Principal Payment plus Additional
         Compensation, and disregarding any Additional Compensation paid under
         the proviso in the foregoing sentence) shall equal $30,763.17.

25.      Notwithstanding the foregoing the obligation of the Company to pay any
         installment of Principal Payment shall be subject to the approval of
         the Board of Directors of the Company (or its parent corporation),
         which approval (i) shall not be unreasonably withheld, and (ii) may in
         any event be withheld if such Board of Directors determines, in its
         good faith judgment, that the payment thereof (either alone or in
         combination with the payments scheduled to be made to any other
         Optionee) would be detrimental to the Company as a result of general
         economic or business conditions and/or the Company's financial or
         liquidity position; provided, however, that the Company shall be
         required to pay Principal Payment hereunder if, and to the extent that,
         the Company is at the time paying in cash or other value on a current
         basis (it being understood that paying with notes or other form of
         deferred payment is not payment of value on a current basis) the
         management fees under its Management Agreement, dated as of September
         25, 1989 as amended to the date hereof, with Cadmus Corporation. Any
         nonpayment of Principal Payment by operation of this paragraph 5 shall
         not relieve the Company from its obligation to pay Additional
         Compensation on a current basis as provided hereunder.

26.      In any event, the Company shall be required to pay installments of
         Principal Payment hereunder if, and to the extent that, such payments
         are made to the other Optionees under their agreements with the Company
         that are substantially the same (except as to names and numbers).

27.      The Company may prepay all or any portion of the outstanding Principal
         Payment payable hereunder at any time and from time to time without
         premium or penalty. If the Company or the business now or formerly
         called the Bickford's Division is sold prior to the payment in full of
         any outstanding Principal Payment and Additional Compensation, the net
         available cash proceeds thereof (after payment or reserve for
         transaction fees and expenses, liabilities not assumed by the
         transferee, escrows or "claw-backs", taxes and required payments under
         the Company's credit agreement(s)) will be applied to pay such
         Principal Payment and Additional Compensation.

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March 28, 2003
Page 3
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28.      The Company shall have a ten day grace period with respect to all
         payments required to be made hereunder. Accordingly, the Company shall
         not be deemed to be in default with respect to any payment required to
         be made hereunder unless such payment shall have not been made by the
         close of business on the tenth day after the due date thereof
         hereunder.

29.      Until the date that the entire Principal Payment shall have been paid
         in full, the Company will maintain your participation in the Company's
         group medical insurance plan and contribute the "company portion" of
         the premiums due in respect of such participation.

30.      On the date hereof, you, the Company and its subsidiaries indicated
         therein and Bank of America, N.A. ("BofA") shall execute and deliver a
         Subordination Agreement in the form attached hereto as Annex A (the
         "BofA Subordination Agreement") in order to, among other things, induce
         BofA to permit the Company, under the BofA Loan Documents (as defined
         therein), to execute, deliver and perform this agreement. You agree
         with the Company to comply with the terms and provisions thereof.

         The foregoing is intended to be our complete and entire agreement with
respect to the amounts that are required to be paid to you by ELXSI, and by you
to ELXSI, under the Plan and Prior Letter Agreement. To the extent that there is
any conflict between this agreement and any provision of the Plan and/or Prior
Letter Agreement, this agreement shall govern and control.

         Please indicate your agreement to and acceptance of the foregoing by
executing this letter in the space provided below, whereupon this letter shall
be a binding agreement between us.

                                       Very truly yours,

                                       ELXSI

                                       By:______________________________________
                                          Name:
                                          Title:

Accepted and agreed to as
of the date first above-written by:

/s/ DANIEL E. BLOODWELL
--------------------------------------
DANIEL E. BLOODWELL<PAGE>

                               ADVISORY AGREEMENT

         THIS ADVISORY AGREEMENT (the "Agreement") is made and entered into as
of the 2nd day of January, 2003 and through the period ending the 3 1st day of
December, 2003 by and between Virtgame Corporation, a Delaware corporation, with
a business address at 6969 Corte Santa Fe, Suite A, San Diego, CA 92121 (the
"Company"), and Lighthouse Financial Group, LLC, a Delaware limited liability
company, with a business address at 420 Lexington Avenue, Suite 360, New York,
NY, 10170 (the "Advisor").

                                    RECITALS

1.        Advisor has expertise in the area of the Company's financial and
          business matters and is willing to provide Advisory services to the
          Company.

2.        The Company is willing to engage Advisor as an Advisor, and not as an
          employee, on the terms and conditions set forth herein.

                                    AGREEMENT

         In consideration of the foregoing and of the mutual promises set forth
herein, and intending to be legally bound, the parties hereto agree as follows:

         1. ENGAGEMENT.

                  a.       The Company hereby engages Advisor to render, as an
                           Advisor, the Advisory services described in Exhibit A
                           hereto and such other services as may be agreed to in
                           writing by the Company and Advisor from time to time.

                  b.       Advisor hereby accepts the engagement to provide
                           Advisory services to the Company on the terms and
                           conditions set forth herein.

          2. TERM. This Agreement will commence on the date first written above,
and will continue until December 31, 2003, unless terminated by mutual agreement
of the parties.

         3. COMPENSATION.

                  a.       In consideration of the services to be performed by
                           Advisor, the Company agrees to pay Advisor in the
                           manner and at the rates set forth in Exhibit A.

                  b.       Out of pocket expenses incurred by Advisor that are
                           authorized by the Company in advance in writing shall
                           be reimbursed by Company to Advisor.

<PAGE>

         4. ADVISOR'S BUSINESS ACTIVITIES.

                  a.       During the term of this Agreement, Advisor will
                           engage in no business or other activities, which are
                           or may be, directly or indirectly, competitive with
                           the business activities of the Company without
                           obtaining the prior written consent of the Company.

                  b.       Advisor shall devote such time, attention and energy
                           to the business and affairs of the Company as
                           requested by the Company.

         5. CONFIDENTIAL INFORMATION AND ASSIGNMENTS. Advisor is simultaneously
executing a non-disclosure non-circumvent agreement. The obligations under the
non-disclosure non-circumvent agreement shall survive termination of this
Agreement for any reason.

          6. INTERFERENCE WITH THE COMPANY'S BUSINESS.

                  a.       Notwithstanding any other provision of this
                           Agreement, for a period of one year after termination
                           of this Agreement, Advisor shall not, directly or
                           indirectly, employ, solicit for employment, or advise
                           or recommend to any other person that such other
                           person employ or solicit for employment, any person
                           employed or under contract (whether as a Advisor,
                           employee or otherwise) by or to the Company during
                           the period of such person's association with the
                           Company and one year thereafter.

                  b.       Notwithstanding any other provision of this
                           Agreement, and to the fullest extent permitted by
                           law, for a period of one year after termination of
                           this Agreement, Advisor shall not, directly or
                           indirectly, solicit any clients or customers of the
                           Company. Advisor agrees that such solicitation would
                           necessarily involve disclosure or use of confidential
                           information in breach of the Confidential Information
                           and Invention Assignment Agreement.

         7. REPRESENTATIONS AND WARRANTIES.

                  a.       Advisor represents and warrants (i) that Advisor has
                           no obligations, legal or otherwise, inconsistent with
                           the terms of this Agreement or with Advisor's
                           undertaking this relationship with the Company, (ii)
                           that the performance of the services called for by
                           this Agreement do not and will not violate any
                           applicable law, rule or regulation or any proprietary
                           or other right of any third party, (iii) that Advisor
                           will not use in the performance of his
                           responsibilities under this Agreement any
                           confidential information or trade secrets of any
                           other person or entity and (iv) that Advisor has not
                           entered into or will enter into any agreement
                           (whether oral or written) in conflict with this
                           Agreement.

                                      -2-
<PAGE>

                  b.       The Company, and each of the companies under its
                           control (each a -2- "Subsidiary," and collectively,
                           the "Subsidiaries"), is a corporation duly organized,
                           validly existing and in good standing under the laws
                           of its jurisdiction of incorporation and has all
                           requisite corporate power and authority to own and
                           lease its properties, to carry on its business as
                           currently conducted and as proposed to be conducted.
                           The Company and each subsidiary is duly qualified to
                           do business in the states or jurisdictions where it
                           or they are incorporated and/or qualified to do
                           business, as the case may be. Except as set forth in
                           Schedule 7(b), there is no jurisdiction in which the
                           conduct the Company's or Subsidiary's business or
                           ownership or leasing of its properties requires it to
                           be qualified to do business as a foreign corporation,
                           except where such qualifications have been obtained
                           or the failure to be so qualified would not have a
                           material adverse effect on the business, financial
                           condition or prospects of the Company or such
                           Subsidiary. The Company has all requisite power and
                           authority to execute and deliver this Agreement and
                           to carry out the transactions contemplated by this
                           Agreement, including the issuance of the options
                           described herein. The Company further represents and
                           warrants that it will cause the option agreements
                           furnished by Advisor to be promptly executed, which
                           agreements shall include in reasonable detail the
                           terms described in paragraphs 2b. and c. of Exhibit A
                           hereto.

         8. INDEMNIFICATION.

                  a.       Advisor hereby indemnifies and agrees to defend and
                           hold harmless the Company from and against any and
                           all claims, demands and actions, and any liabilities,
                           damages or expenses resulting therefrom, including
                           court costs and reasonable attorneys' fees, arising
                           out of or relating to the services performed by
                           Advisor under this Agreement or the representations
                           and warranties made by Advisor pursuant to paragraph
                           7 hereof. Advisor's obligations under this paragraph
                           8 hereof shall survive the termination, for any
                           reason, of this Agreement.

                  b.       Company hereby indemnifies and agrees to defend and
                           hold harmless the Advisor from and against any and
                           all claims, demands and actions, and any liabilities,
                           damages or expenses resulting therefrom, including
                           court costs and reasonable attorneys' fees, arising
                           out of or relating to the performance of its
                           obligations under this Agreement or the
                           representations and warranties made by the Company
                           pursuant to paragraph 7b. hereof.

         9. ATTORNEYS FEES. Should either party hereto, or any heir, personal
representative, successor or assign of either party hereto, resort to litigation
to enforce this Agreement, the party or parties prevailing in such litigation
shall be entitled, in addition to such other relief as may be granted, to
recover its or their reasonable attorneys' fees and costs in such litigation
from the party or parties against whom enforcement was sought.

                                       -3-

<PAGE>

          10. ENTIRE AGREEMENT. This Agreement, contains the entire
understanding and agreement between the parties hereto with respect to its
subject matter and supersedes any prior or contemporaneous written or oral
agreements, representations or warranties between them respecting the subject
matter hereof

          11. AMENDMENT. This Agreement may be amended only by in writing signed
by Advisor and by a representative of the Company duly authorized.

          12. SEVERABILITY. If any term, provision, covenant or condition of
this Agreement, or the application thereof to any person, place or circumstance,
shall be held by a court of competent jurisdiction to be invalid, unenforceable
or void, the remainder of this Agreement and such term, provision, covenant or
condition as applied to other persons, places and circumstances shall remain in
full force and effect.

          13. RIGHTS CUMULATIVE. The rights and remedies provided by this
Agreement are cumulative, and the exercise of any right or remedy by either
party hereto (or by its successors), whether pursuant to this Agreement, to any
other agreement, or to law, shall not preclude or waive its right to exercise
any or all other rights and remedies.

          14. NONWAIVER. No failure or neglect of either party hereto in any
instance to exercise any right, power or privilege hereunder or under law shall
constitute a waiver of any other right, power or privilege or of the same right,
power or privilege in any other instance. All waivers by either party hereto
must be contained in a written instrument signed by the party to be charged and,
in the case of the Company, by an executive officer of the Company or other
person duly authorized by the Company.

          15. REMEDY FOR BREACH. The parties hereto agree that, in the event of
breach or threatened breach of this Agreement, the damage or imminent damage to
the value and the goodwill of the Company's business will be inestimable, and
that therefore any remedy at law or in damages shall be inadequate. Accordingly,
the parties hereto agree that the Company shall be entitled to injunctive relief
against Advisor in the event of any breach or threatened breach by Advisor, in
addition to any other relief (including damages and the right of the Company to
stop payments hereunder which is hereby granted) available to the Company under
this Agreement or under law.

          16. AGREEMENT TO PERFORM NECESSARY ACTS. Advisor agrees to perform any
further acts and execute and deliver any documents that may be reasonably
necessary to carry out the provisions of this Agreement.

          17. ASSIGNMENT. This Agreement may not be assigned by Advisor without
the Company's prior written consent. This Agreement may be assigned by the
Company in connection with a merger or sale of all or substantially all of its
assets, and in other instances with the Advisor's consent which consent shall
not be unreasonably withheld or delayed.

                                       -4-
<PAGE>

         18. COMPLIANCE WITH LAW. In connection with his services rendered
hereunder, Advisor agrees to abide by all federal, state, and local laws,
ordinances and regulations.

          19. ADVISOR. The relationship between Advisor and the Company is that
of Advisor under an advisory arrangement. This Agreement is not authority for
Advisor to act for the Company as its agent or make commitments for the Company.
Advisor will not be eligible for any employee benefits, nor will the company
make deductions from fees to the Advisor for taxes, insurance, bonds or the
like. Advisor retains the discretion in performing the tasks assigned, within
the scope of work specified.

         20. TAXES. Advisor agrees to pay all appropriate local, state and
federal taxes.

         21. GOVERNING LAW. This Agreement shall be construed in accordance
with, and all actions arising hereunder shall be governed by, the laws of the
State of New York.

          IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
the day, month and year first written above.

THE COMPANY:                              Virtgame Corporation

                                          By: /s/ Bruce Merati
                                              ----------------------------------
                                              Bruce Merati
                                              CFO

THE ADVISOR:                              Lighthouse Financial Group, LLC

                                          By: /s/ Robert J. Bradley
                                              ----------------------------------
                                              Robert J. Bradley, Managing Member

                                      -5-
<PAGE>

                                    Exhibit A
                                    ---------

          1. Description of Services to be Rendered:

                  a. The Company further appoints the Advisor to act in its
behalf to introduce a broker dealer to act as a Placement Agent and to form and
manage a selling group to sell an Offering. The Company maintains the right in
its sole discretion to approve or disapprove any potential member of the selling
group.

                  b. The Company agrees that the Advisor may act as a Placement
Agent or selling group member in any best-efforts Offering for up to 20% of the
Offering commenced by the introduced broker-dealer.

                  c. To act as an Advisor for any type of strategic financing
for the Company, whether it is a direct investment into the Company or a bridge
financing. Compensation: to be discussed separately from this Agreement on a
case-by-case basis if Advisor is found to be the Finder of the financing.

                  d. To assist the Company on introductions to other NYSE and/or
NASD member firms.

                  e. To assist the Company in current marketing and advertising
contracts.

                  f. To assist the Company in any road show for the benefit of
any Offering.

         2. Compensation:

                  a. Advisory fee in the amount of $120,000.00 for the term of
this agreement. The payments shall be made in the amount of $ 10,000.00 a month
by wire transfer due on or before the last day of every month.

                  b. Engagement fee in the amount of 600,000 options of the
common stock of the Company, with a cash-less exercise, exercisable for five (5)
years at $0.50 per share, effective upon execution of this Agreement.

                  c. Advisory fee in the amount of 600,000 options of the common
stock of the Company, with a cash-less exercise, exercisable for five (5) years
at $0.75 per share, upon execution of this Agreement. The shares underlying the
options (the "Shares") in paragraphs 2b. and c. hereof shall have piggy-back
registration rights at the Company's expense with the right to include such
underlying shares in the Company's next registration statement; provided,
however, if the Company conducts an underwritten "firm commitment" public
offering with gross proceeds of not less than $5.0 million, then the underwriter
may exclude the Shares from such registration statement provided no shares of
any other party other than those being sold to the public are included in the
registration statement, and provided, further, that if the Shares are not
included in a registration statement within one (1) year from the effective date
of such registration statement, the Advisor shall have a "demand" right on one
occasion only at the Company's expense to cause the Company to promptly file a
registration statement and have the Shares included in a registration statement
which the Company shall cause to be declared effective as soon as practicable.

                                      -6-

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