Document:

EXHIBIT 10.1

                              CONSULTING AGREEMENT

     THIS CONSULTING AGREEMENT is made and entered into as of the 7th day of
September, 2004, by and between RUBY MINING COMPANY, a Colorado corporation
("Ruby") and DIVERSIFIED FINANCIAL INVESTOR RELATIONS CONSULTANTS LLC, a Florida
Limited Liability Corporation ("Consultant").

     WHEREAS, Consultant has extensive knowledge and experience in the
structure, management and operation of public companies; identifying and
negotiating with prospective business partners and directors, officers,
consultants; Consultant has experience in dealing with financial advisors and
retail clients, which are shareholders. Consultant has compiled a list of over
5,000 Financial Advisors, complete with addresses and phone numbers; Consultant
will be contacting them on a regular basis to search out those that may be
interested in Admiralty and encouraging them to build a position in the company.
H. Lee McCauley, manager of Diversified Financial has operated his own financial
services retail firm, under the name of M & A Financial, for eleven years; He
has been recognized by Registered Representative magazine as one of America's
Top Ten Investment Advisors; and he was recognized by Raymond James Financial
Services for operating the most outstanding office and selected as Manager of
the Year. This experience gives Consultant an advantage when contacting
financial advisors or shareholders;

     WHEREAS, Consultant has set up a network of former financial advisors to
assist in carrying out its business plan;

     WHEREAS, Ruby desires to have Consultant provide consulting services to and
for it and Consultant desires to provide such services;

     NOW, THEREFORE, in consideration of the premises and the mutual promises
set forth herein, the parties hereto covenant and agree as follows:

     1. For a period of 24 months, beginning on September 7, 2004 (the
"Consulting Period"), Consultant shall serve as a consultant and advisor to Ruby
on matters relating to the identification and negotiation of agreements with
prospective joint venture and strategic alliance partners, both foreign and
domestic; the securing of new rescue and recovery permits; both foreign and
domestic; and the establishment of offices and operations in foreign
jurisdictions.

     2. During the Consulting period, Ruby shall be entitled to Consultant's
services for reasonable times when and to the extent requested by, and subject
to the reasonable direction of Ruby's Chairman of the Board of Directors and
Chief Executive Officer, G. Howard Collingwood. It is understood that the
Consultants services are not exclusive to Ruby Mining Company.

     3. Consultant's services shall be rendered from his office or home, or, at
Ruby's request, from Ruby's executive offices. Reasonable travel, telephones,
entertainment and other expenses when incurred by Consultant at the request of
Ruby Mining Company to render services at locations other than his office or
home or from Ruby's offices shall be reimbursed by Ruby promptly upon receipt of
proper invoices and statements with regard to the nature and amount of those
expenses.

     4. Consultant shall have no authority to bind Ruby by or obtain any
obligation, agreement, promise, or representation without first obtaining the
written approval of the Chief Executive Officer of Ruby. Consultant shall not
incur any liability on behalf of Ruby or in any way represent or bind Ruby in
any manner or thing whatsoever and nothing herein shall be deemed to constitute
either party the agent or representative of the other. Ruby shall indemnify and
hold Consultant harmless from and against any liability resulting from the
performance of the consulting services hereunder.

<PAGE>

     5. In consideration of Consultant's entering into this Agreement, Ruby has
agreed to issue to Consultant on or before January 15, 2005, 500,000 shares of
Ruby's Common Stock (the "Shares") with an agreed value equal to the closing
price of Ruby's Common Stock on September 7, 2004 and a warrant to purchase
100,000 shares of Ruby `s Common Stock (the "Warrant Shares"), with an exercise
price of $.46 per share with an expiration date of September 7, 2009. Such
shares shall be restricted until 1 year after issuance or until a registration
occurs whichever occurs first. The warrants may be exercised at any time before
September 1, 2009 and will yield stock restricted for 1 year from the date
exercised or until registration occurs whichever comes first. Ruby also agrees
to pay $2500.00 per month draw against any commission owed Consultant on any
money raised for Ruby, to be paid at a rate of 10%.

     6. If the stock reaches a bid price of $3.00 or more and maintains a level
for twenty (20) consecutive trading days at any time during this agreement, an
additional 500,000 warrants shall be issued under the same terms as in item 5.

     7. Consultant understands and agrees that he is an independent contractor
rather than an employee or agent of Ruby.

     8. Consultant shall be responsible for withholding, paying and reporting
any and all required federal, state, or local income, employment and other taxes
and charges. Consultant understand and agrees that Ruby will make no deduction
from payments to Consultant for federal or state tax withholdings, social
security, unemployment, worker's compensation or disability insurance.

     9. Consultant agrees that he will not, without Ruby's prior consent,
disclose to anyone, any trade secrets of Ruby or any confidential, non-public
information relating to Ruby's business, operations or prospects.

     10. It is understood and agreed that the services of Consultant are unique
and personal in nature and neither Consultant nor Ruby shall designate or assign
all or any portion of his or its required performance to any other individual,
firm or entity, without the other's written consent.

     11. No waiver, amendment or modifications of any provision of this
Agreement shall be effective unless in writing and signed by both parties. This
Agreement shall be binding upon and inure to the benefit of the heirs,
successors, permitted assigns and legal representatives of the parties. This
Agreement constitutes the entire agreement between the parties concerning the
subject matter hereof and supersedes all prior negotiations, discussions and
other agreements with respect to the subject matter hereof. This Agreement shall
be governed by and interpreted in accordance with the laws of the State of
Georgia. This Agreement may be executed in on or more counterparts, each of
which shall be deemed an original and all of which together shall constitute one
and the same instrument. The undersigned signatories signing for Ruby have full
authority to execute this Agreement on behalf of Ruby and thus to legally bind
Ruby to all of the terms hereof.

     IN WITNESS WHEROF, this Agreement has been executed as of the 7th day of
September, 2004.

     (SIGNATURE PAGE FOLLOWS)

<PAGE>

                                          DIVERSIFIED FINANCIAL INVESTOR
                                          RELATIONS CONSULTANTS, LLC

                                          By:  /s/  H. Lee McCauley
                                              --------------------------------
                                               H. Lee McCauley, Manager

                                          RUBY MINING COMPANY

                                          By:  /s/  G. Howard Collingwood
                                              --------------------------------
                                               G. Howard Collingwood, CEO

                                          By:  /s/  Murray D. Bradley, Jr.
                                              --------------------------------
                                               Murray D. Bradley, Jr., Secretaryexv10w1

 

Exhibit 10.1

AMENDMENT NO. 2

STARTEK, INC.

DIRECTORS’ STOCK OPTION PLAN

     This Amendment No. 2 is effective as of September 2, 2004 with respect to
the Directors’ Stock Option Plan (the “Plan”) of StarTek, Inc. (the “Company”).

     Effective September 2, 2004, the Board of Directors of the Company
approved an amendment to Section 5 of the Plan to provide that each Participant
shall be automatically granted an Option to acquire 3,000 shares of Common
Stock effective upon his or her election as a Director, rather than an Option
to acquire 10,000 shares of Common Stock as previously provided in the Plan.

     All defined terms not otherwise defined herein shall have the meaning set
forth in the Plan.

     The Plan is hereby amended as follows:

     1. Section 5 of the Plan is amended by deleting “10,000” and inserting in
lieu thereof “3,000.”

     Except as amended hereby, the Plan is unchanged and remains in full force
and effect.exv10w2

 

Exhibit 10.2

STARTEK, INC.

OPTION AGREEMENT

pursuant to

DIRECTORS’ STOCK OPTION PLAN

               THIS
OPTION AGREEMENT (this “Agreement”), dated as of
«Date» (the
“Effective Date”), is delivered by StarTek, Inc., a Delaware corporation (the
“Company”), to
«Name» (the “Participant”), who has been appointed and/or elected as a
Non-Employee Director of the Company.

Recitals

     A. The Board has adopted, with subsequent stockholder approval, the
StarTek, Inc. Directors’ Stock Option Plan, as amended from time to time (the
“Plan”).

     B. The Plan provides for the automatic granting of options to Non-Employee
Directors to purchase shares of the Common Stock of the company in accordance
with the terms and provisions thereof on specific dates of election and, if
applicable, reelection as a Director (each specific date, the “Option Date”)
with respect to the Options so granted), as to the specific number of shares of
Common Stock on such Option Date.

     C. The Participant has been appointed and/or elected as a Non-Employee
Director as of the Effective Date and has been granted Options under the Plan,
subject to the terms and conditions hereof.

     D. This Agreement shall cover and relate to all Options granted to
participant under the Plan on each applicable Option Date.

Agreement

     NOW, THEREFORE, the parties hereby agree as follows:

     1. Definitions. Except as expressly indicated herein, defined terms used
in this Agreement shall have the meanings set forth in the Plan.

        (a) Grant of Options. Subject to the terms and conditions of the Plan,
the Company has granted to the Participant, as of the Effective Date, an option
to purchase up to «Options_granted» shares of Common Stock at a price of
$«Exercise_price» per share, the Fair Market Value of the Common Stock as of
the Effective Date. Such option is hereinafter referred to as the “Option” and
the shares of Common Stock purchasable upon exercise of the Option are
hereinafter sometimes referred to as the “Option Shares”.

 

 

     2. Vesting and Termination of the Options

        (a) Vesting of Options. Subject to such further limitations as are
provided in the Plan and this Agreement, the Options vest immediately upon
grant and are fully exercisable as to the related Option Shares (subject to
adjustment as provided in paragraph 8 of the Plan).

        (b) Termination of Options. The Options granted under the Plan will
expire as of the earliest of:

               (i) the date on which the Participant’s membership on the Board is
terminated for Cause;

               (ii) with respect to each separate Option granted pursuant
to the Plan, 10 years from the Option Date of each respective
Option; or

               (iii) one year after the Participant’s death.

     3. Exercise of Options

        (a) Notice and Payment. To exercise an Option in whole or in part, a
Participant (or, after his death, his executor or administrator) must give
written notice to the Board, stating the number of shares as to which he
intends to exercise the Option together with payment of the Option Price. The
Option Price (and any required withholding) may be paid (i) in cash, (ii) in
shares of Common Stock having an aggregate Fair Market Value, as determined on
the date of delivery, equal to the Option Price, or (iii) by delivery of
irrevocable instructions to a broker to promptly deliver to the Company the
amount of sale or loan proceeds necessary to pay for all Common Stock acquired
through such exercise and any tax withholding obligations resulting from such
exercise.

        (b) Delivery of Certificate. On the exercise date specified in the
Participant’s notice or as soon thereafter as is practicable, upon full payment
for such Option Shares, the company shall cause (i) to be delivered to the
participant, a certificate or certificates for the Option Shares then being
purchased (out of theretofore unissued Common Stock or reacquired Common Stock,
as the Company may elect) or (ii) a book entry to be made on the records of the
Company and the Company’s transfer agent. The obligation of the Company to
deliver Common Stock shall, however, be subject to the condition that if at any
time the Board shall determine in its discretion that the listing, registration
or qualification of an Option or the related Option Shares upon any securities
exchange or under any state or federal law, or the consent or approval of any
governmental regulatory body, is necessary or desirable as a condition of, or
in connection with, such Option or the issuance or purchase of Common Stock
thereunder, the Option may not be exercised in whole or in part unless such
listing, registration, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the Board.

 

 

        (c) Failure to Pay. If the Participant fails to pay for any of the
Option Shares specified in such notice and any required withholding tax or
fails to accept delivery of the Option Shares, the Participant’s right to
purchase such Option Shares may be terminated by the Company. The date
specified in the participant’s notice as the date of exercise shall be deemed
the date of exercise of the Option, provided that payment in full for the
Option Shares to be purchased upon such exercise and any required tax
withholding shall have been received by such date.

     4. Non-Transferability of Options. During the participant’s lifetime, the
Options shall be exercisable only by the Participant or any guardian or legal
representative of the
Participant, and the Options shall not be assignable or transferable by
the Participant except, in case of the death of the Participant, by will or the
laws of interstate succession. In addition, the Options shall not be subject
to attachment, execution or other similar process. In the event of (i) any
attempt by the Participant to alienate, assign, pledge, hypothecate or
otherwise dispose of the Options, except as provided for herein, or (ii) the
levy of any attachment, execution or similar process upon the rights or
interest hereby conferred, the Company may terminate the Options by notice to
the Participant and it shall thereupon become null and void.

     5. Transferability of Option Shares. The Participant hereby agrees that
the Option Shares acquired upon exercise of an Option shall be acquired for the
Participant’s own account for investment purposes only and not with a view to
any distribution or public offering thereof within the meaning of the
Securities Act, or other applicable securities laws. If the Board so
determines, the transfer agent shall be notified or any stock certificates
issued upon exercise of an Option shall bear a legend to the effect that the
Option Shares have been so acquired. The Company shall not be required to bear
any expenses of compliance with the Securities Act, other applicable securities
laws, or the rules and regulations of any national securities exchange or other
regulatory authority in connection with the registration, qualification or
transfer, as the case may be, of an Option or the related Option Shares
acquired upon exercise thereof. The foregoing restrictions on a transfer of
Option Shares shall not apply if (i) the company shall have been furnished with
a satisfactory opinion of counsel to the effect that such transfer will be in
compliance with the Securities Act and all other applicable securities laws or
(ii) the Option Shares shall have been duly registered in compliance with the
Securities Act and all other applicable securities laws.

     6. Section 16 Compliance. This Agreement is intended to comply with all
applicable conditions of Rule 16(b)-3, or any superseding rule, under the
Exchange Act. To the extent any provision of this Agreement or action by the
Board fails to so comply, it shall be deemed null and void, to the extent
permitted by law and deemed advisable by the Board.

     7. Membership on the Board Not Affected. Neither the granting of an Option
nor its exercise shall be construed as granting to the participant any right
with respect to continuance of the participant as a member of the board.

 

 

     8. Amendment of an Option. An Option may be amended by the Board at any
time (i) if the Board determines, in its sole discretion, that amendment is
necessary or advisable I the light of any addition to or change in the Code or
in the regulations issued thereunder, or any federal or state securities law or
other law or regulation, which change occurs after the Option Date and by its
terms applies to the Option or (ii) other than in the circumstances described
in clause (i), with the consent of the Participant.

     9. Notice. Any notice to the company provided for in this Agreement
shall be addressed to the Company in care of its Secretary at its executive
offices at 100 Garfield Street, Denver, Colorado 80206, and any notice to the
Participant shall be addressed to the Participant at the current address shown
on the records of the Company. Any notice shall be deemed to be duly given if
and when properly addressed and posted by registered or certified mail, postage
prepaid.

     10. Incorporation of Plan by Reference. Each Option is granted pursuant
to the terms of the Plan, the terms of which are incorporated herein by
reference, and the Options shall in all respects be interpreted in accordance
with and subject to the terms and provisions of the Plan. The Board shall
interpret and construe the Plan and this Agreement, and its interpretations and
determinations shall be conclusive and binding on the parties hereto and any
other person claiming an interest hereunder, with respect to any issue arising
hereunder or thereunder. If any terms of this Agreement conflict with the
terms of the Plan, the terms of the Plan shall control.

     11. Governing Law. The validity, construction, interpretation and
effect of this Agreement shall exclusively be governed by and determined in
accordance with the laws of the State of Delaware, except to the extent
preempted by federal law, which shall to the extent of such preemptive govern.

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the
Effective Date.

	 	 	 	 	 
	ATTEST:	 	STARTEK, INC. a Delaware corporation
	 
	 	 	 	 
	

	 	By:	 	 
	

	 	 	 	

	Eugene L. McKenzie, Jr., Secretary

	 	 	 	William E. Meade, President and
	

	 	 	 	Chief Executive Officer
	 
	 	 	 	 
	

	 	 	 	ACCEPTED AND AGREED TO:
	 
	 	 	 	 
	

	 	 	 	

	

	 	 	 	«Name»

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