Document:

EXHIBIT 10.1

 

AMENDMENT TO SHUFFLE MASTER INC.’S

1993 STOCK OPTION PLAN

 

Pursuant to Section 18 of the 1993 Shuffle Master, Inc. Stock
Option Plan, as amended (collectively the “Plan”), the Board of Directors (the
“Board”) of Shuffle Master, Inc. hereby amends, effective as of July 23,
2003, Section 7(05) of the Plan to add a new Section 7(05)(a),
“Permitted Transfers,” as follows:

 

“(a) Permitted
Transfers

 

Notwithstanding the
foregoing, any Option granted hereunder which has or is fully vested shall, by
its terms, be transferable:

 

(i)                                     by
the Optionee to an Optionee’s Family Member by a bona fide gift or pursuant to
a domestic relations order in settlement of marital property rights;

 

(ii)                                  by
will or pursuant to the laws of descent and distribution; or

 

(iii)                               as
otherwise permitted pursuant to the rules or regulations adopted by the
Securities and Exchange Commission (“SEC”) under the Act or the interpretations
of such rules and regulations as announced by the SEC from time to time.

 

Any permitted transfer shall
be effective only when accepted by the Company subject to the Company receiving
documentation reasonably satisfactory to it of such gift, transfer pursuant to
domestic relations order, or transfer pursuant to will or pursuant to the laws
descent and distribution.  Upon
effectiveness of any permitted transfer, the rights under any Option shall be
exercisable only by the permitted transferee or such transferee’s guardian or
legal representative.  Except as
permitted by this subsection, each Option granted under the Plan and the rights
and privileges thereby conferred shall not be further transferred, assigned or
pledged in any way (whether by operation of law or otherwise), and shall not be
subject to execution, attachment or similar process.  Upon any attempt to so further transfer, further assign, pledge,
or otherwise further dispose of the Option, or of any right or privilege
conferred thereby, contrary to the provisions of the Option or the Plan, or
upon levy of any attachment or similar process upon such rights and privileges,
the Option, and such rights and privileges, shall immediately become null and
void.  No permitted transfer shall cause
any change in the terms of any Option except the identity of the person(s)
entitled to exercise such Option and to receive the common stock issuable upon
exercise of the Option.  Without
limiting the generality of the foregoing, any Option shall be subject to
termination upon the termination of employment, death or disability of the
Optionee to whom the Option was originally granted by the Company without
reference to the employment, death or disability of any permitted
transferee.  In the event of any
transfer of an Option, the obligations of the Company owed to the Optionee
shall be owed to the transferee and references in this Plan

 

1

 

or in any Option Agreement to
the Optionee shall, unless the context otherwise requires, refer to the
transferee.”

 

Except as expressly amended hereby, the Plan is hereby confirmed as
being in full force and effect according to its terms.

 

This Amendment was approved by a resolution of the Board at its
July 23, 2003 meeting.

 

 

	
  /s/ Mark Yoseloff

  	
   

  	
  /s/ Gerald W. Koslow

  
	
  Mark Yoseloff

  	
   

  	
  Gerald W. Koslow

  
	
  Chairman

  	
   

  	
  Secretary

  
	
  Dated:      July 23, 2003

  	
   

  	
  Dated:      July 23, 2003

  

 

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                                                                   Exhibit 4.1

                            VINTAGE FILINGS,LLC LOGO

90 Park Avenue                                             301 Eastwood Road
38th Floor                                          Woodmere, New York 11598
New York, NY 10016                                    (516) 569-6089 (phone)
(212) 953-4901 (phone)                                   (646)349-9655 (fax)
(646)349-9655 (fax)                                      efiings@vfilings.com
sstern@vfilings.com
-----------------------------------------------------------------------------

September 5 , 2003

                         RE: CONTRACT FOR EDGAR SERVICES

MILITARY RESALE

I.       CONSULTING SERVICES

         Vintage Filings has and will continue to provided the following
consulting and advisory services: a review your Company's prior filings for the
period of the prior twelve months and, while taking into consideration the new
requirements of Sarbanes Oxley, analyze how best to economically edgarize your
filings and determine a cost effective plan to edgarize filings you are likely
to require over the next 12 months. We have for the past six months and will
provide you, on a timely basis, with updates regarding SEC edgar filing software
and new developments with regard to SEC filing forms and HTML requirements. If
needed, we can assist and train the Company how to file Section 16 reporting
requirement (Forms 3, 4 and 5 ) on-line and assist in obtaining edgar access
codes for the Company's officers, directors and 10% shareholders. We have and
will also assist in formatting filings which may include Forms 3, 4, 5 13Gs,
13Ds, S-8, 8K, 10Q, 10K, S-3, SB-2, S-2 and proxy statements. In analyzing the
expected costs we have taken into account the typical costs associated with
    - text and tabular pages

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    - amended proofs and changed pages / expedited fees
    - test filing and real time live filing fees
    - all email distributions of PDF EDGAR proofs
    - all facsimile transmissions of EDGAR proofs
    - all 12b25 and NT-10K extension forms - SEC filing of a Form ID

II.      FEES

For services rendered to the Company, you have agreed to issue, to our below
named individuals, shares of the Company's Common Stock to be registered under
Form S-8 in the following amounts:

     -   40,000 shares to be registered in the name of
         Shai Z. Stern
         43 Maple Avenue
         Cedarhurst, NY 11516

     -   40,000 shares  to be registered in the name of
         Seth Farbman
         301 Eastwood Road
         Woodmere, NY 11598

We would appreciate the opportunity to further develop our long-term
relationship and be of service to you and your Company. Please feel free to
contact us at (212) 730-4302 or via email at efilings@vfilings.com. Please
confirm agreement by signing and faxing to 516-569-6084. We look forward to
beginning of a mutually beneficial relationship.

                                                     Best wishes,

                                                     /s/ Seth A. Farbman

                                                     Seth A. Farbman, Esq.
                                                     Co-Chairman and President
AGREED:

COMPANY:   MILITARY RESALE GROUP, INC.

By: /s/ Ethan D. Hokit
  --------------------------
  Ethan D. Hokit, President

                                       2
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                                                                     EXHIBIT 4.1

                          BUSINESS CONSULTING AGREEMENT

AGREEMENT,  made and entered into August 1, 2003,  by and between Mr. Lou Wiener
Individually, of On Site Marketing, Inc., with offices located at 4251 N.W. 66th
Lane, Boca Raton, FL 33496 (Wiener) and Military Resale Group,  Inc., a New York
Corporation with offices located at 2180 Executive Circle,  Colorado Springs, CO
80906 and ("MRG").

                              W I T N E S S E T H:

            WHEREAS, Wiener provides consultation and advisory services relating
to business management and marketing; and

            WHEREAS,  MRG desires to utilize Wiener  services in connection with
its operations.

            NOW,  THEREFORE,  in  consideration  of the  premises and the mutual
covenants hereinafter set forth, Wiener and MRG hereby agree as follows:

1.       CONSULTING SERVICES.  Effective as of August 1, 2003, by and subject to
the terms and  conditions  herein  contained,  Wiener shall  provide,  marketing
consultation  and advisory  services to MRG.  Such  services  shall  include the
selection of products not currently  marketed to United States  Military  resale
market.  MRG appoints  Wiener as its sales  representative  to obtain  exclusive
products  throughout  the United States  Military  resale market and  commissary
system and exchange  system,  or other military  resale market  worldwide  (i.e.
DECA, AAFES)

2.       PAYMENT.  In  consideration  for the  services of Wiener to be provided
hereunder shall be 500,000 freely tradable  shares.  The shares are to be issued
in the name of Mr. Lou Wiener  Individually,  and  delivered  to 4251 N.W.  66th
Lane,  Boca  Raton,  FL  33496.  Mr.  Wiener  will not  receive  any  additional
compensation  such as brokerage fees from MYRG although he may receive such fees
from his client companies.

3.       EXPENSES.  MRG shall reimburse Wiener for all  pre-approved  travel and
other expenses  incurred by it in rendering  services  hereunder,  including any
expenses  incurred by consultants when such consultants are temporarily  located
outside of the  metropolitan  Fort  Lauderdale area for the purpose of rendering
services to or for the benefit of MRG pursuant to this  Agreement.  Wiener shall
provide receipts and vouchers to MRG for all expenses for which reimbursement is
claimed.

4.       INVOICES.  All pre-approved  invoices for services  provided to MRG and
expenses  incurred by Wiener in  connection  therewith  shall be payable in full
within thirty (30) days of the date of such invoice.

5.       PERSONNEL.  Wiener shall be an independent  contractor and no personnel
utilized by Wiener in providing  services  hereunder shall be deemed an employee
of MRG. Moreover,  Wiener or any other such person shall be empowered  hereunder
to act on behalf of MRG. Wiener shall have the sole and exclusive responsibility
and liability for making all reports and contributions,  withholdings,  payments
and taxes to be  collected,  withheld,  made and paid with  respect  to  persons
providing services to be performed  hereunder on behalf of MRG, whether pursuant
to any social security,  unemployment  insurance,  worker's  compensation law or
other federal, state or local law now in force and effect or hereafter enacted.

6.       TERM AND TERMINATION.  This Agreement shall be effective from August 1,
2003 and shall  continue  in effect for a period of 12 months  thereafter.  This
Agreement may be renewed for a provisional  six-month  period  thereafter,  upon
mutual agreement of the parties.

7.       NON-ASSIGNABILITY. The rights, obligations, and benefits established by
this  Agreement  shall not be assignable by either party hereto.  This Agreement
shall,  however,  be binding  upon and shall inure to the benefit of the parties
and their successors.

<PAGE>

8.       CONFIDENTIALITY.  Wiener nor any of its  consultants,  other employees,
officers,  or directors shall disclose  knowledge or information  concerning the
confidential  affairs of MRG with respect to MRG's business or finances that was
obtained in the course of performing services provided for herein.

9.       LIMITED LIABILITY. Wiener nor any of its consultants,  other employees,
officers or directors shall be liable for consequential or incidental damages of
any  kind to MRG that  may  arise  out of or in  connection  with  any  services
performed by Wiener hereunder.

10.      GOVERNING  LAW.  This  Agreement  shall be governed by and construed in
accordance  with the laws of the State of New York without  giving effect to the
conflicts of law principles thereof or actual domicile of the parties.

11.      NOTICE.  Notice  hereunder  shall be in writing  and shall be deemed to
have been given at the time when  deposited  for mailing with the United  States
Postal Service enclosed in a registered or certified postpaid envelope addressed
to the  respective  party at the address of such party first above written or at
such  other  address  as such  party may fix by notice  given  pursuant  to this
paragraph.

12.      NO   OTHER   AGREEMENTS.    This   Agreement   supersedes   all   prior
understandings,  written or oral, and constitutes the entire  Agreement  between
the  parties  hereto  with  respect to the  subject  matter  hereof.  No waiver,
modification  or termination of this Agreement  shall be valid unless in writing
signed by the parties hereto.

IN WITNESS WHEREOF, MRG, Wiener have dully executed this Agreement as of the day
and year first above written.

Military Resale Group, Inc.              Consultant

  /s/ Ethan D. Hokit                     /s/ Louis Wiener
-----------------------------            -------------------
By: Ethan D. Hokit, President            By:  Mr. Lou. Wiener

                                       2

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