Document:

Exhibit 10.2

                              EMPLOYMENT AGREEMENT

            Employment   Agreement,   dated  as  of   October   1,  2003   (this
"Agreement"), by and between Mr. Michael Jay Solomon, a resident of the State of
California  (the  "Executive"),  and Pyramid Music Corp., a Florida  corporation
(the "Company").

                                R E C I T A L S :

            The  Company  engages in (i) a niche  music  business,  focused on a
target audience of adults between the ages of 35 and 65 years of age, to produce
and distribute music on CD's,  DVD's,  tape, MP3 or other digital or non-digital
format,  or through any other means to distribute  music currently  available or
that may be developed in the future, and (ii) the development of a digital cable
network for the  distribution of such music,  and other activities in connection
with the foregoing (the "Business").

            The Company  desires to employ the Executive as its Chief  Executive
Officer,  and the  Executive  desires  to be  employed  by the  Company  in such
position,  upon the terms and  provisions,  and subject to the  conditions,  set
forth in this Agreement.

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

            1. Employment; Term. The Company shall employ the Executive, and the
Executive shall accept employment by the Company, upon the terms and provisions,
and subject to the conditions,  of this  Agreement.  The term of the Executive's
employment  hereunder  shall  commence on and as of the date of the closing of a
debt or equity  financing,  or any combination of debt or equity  financing (the
"Financing")  with gross  proceeds to the Company of  approximately  six million
dollars  ($6,000,000),  on terms and conditions  reasonably  satisfactory to the
Executive  (the  "Employment  Date").  The  term of the  Executive's  employment
hereunder shall commence on the Employment Date and terminate on the fifth (5th)
anniversary  of the  Employment  Date (as the same may be extended in accordance
with this Section 1 or  terminated  earlier as provided in this  Agreement,  the
"Employment Term")). This Agreement shall automatically renew for successive two
(2) year periods  following  the initial five (5) year  Employment  Term and any
extensions thereof,  if applicable,  unless either party provides written notice
to the  other  party  not less than  ninety  (90)  days  prior to the end of the
then-existing  Employment  Term,  that such party does not desire the Employment
Term to automatically renew, in which event this Agreement shall terminate as of
the last day of the then-existing  Employment Term.  Notwithstanding anything to
the contrary contained in this Agreement,  if the Financing does not occur on or
before  December 1, 2003,  the  Executive,  in his sole  discretion,  may,  upon
written  notice to the Company,  terminate  this  Agreement in its entirety and,
upon such termination by the Executive, this Agreement shall be null and void ab
initio and of no force and effect.

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            2.    Position and Duties.

                  (a) The Company shall employ the Executive,  and the Executive
shall serve, as the Chief Executive Officer of the Company and its subsidiaries.
The Executive  shall be  responsible  for  overseeing and managing the Business,
including  complete  authority for the  management of the  day-to-day  business,
operations  and  strategy of the Company  and its  subsidiaries,  subject to the
ultimate authority of the Board of Directors of the Company. The Executive shall
have such additional  responsibilities or duties with respect to the Company and
its  subsidiaries,  and their  respective  operations,  as may be determined and
assigned  to the  Executive  by the Board of  Directors  of the  Company,  which
responsibilities and duties shall generally be of a nature which may be assigned
to the most senior executive of the Company. The Executive shall report directly
to the Board of Directors of the Company.

                  (b) During the  Employment  Term, the Company and its Board of
Directors  shall cause the Executive to be nominated to be elected as a director
to the Company's  Board of Directors and the Executive  shall serve at all times
during the Employment Term as the Chairman of the Board of Directors.

                  (c)  The  Company   acknowledges   that  the   Executive   has
substantial and significant other business commitments, spends a substantial and
significant  portion of his business  hours on other  business  activities,  and
serves as an officer and director of other  entities  and  business  enterprises
that require the Executive to devote  substantially  all of his business time to
such  activities  and  enterprises.  Accordingly,  the  Executive  shall  not be
required  to  devote  any  particular  specific  amount of time or energy to the
business of the Company.  Subject to the foregoing,  the Executive shall perform
his duties and obligations hereunder, including but not limited to assisting the
Company in achieving its goals and business  plans as determined by the Board of
Directors from time to time,  diligently,  faithfully and competently,  and with
the  Executive's  application  of his  abilities,  skills,  and  judgment and in
accordance with ethical and professional  standards.  The Executive's  principal
responsibility shall be setting strategy for the Company.

                  (d) Nothing in this  Agreement  shall  prohibit the  Executive
from serving as an officer or director of any entity or business enterprise,  or
otherwise  participating  in educational,  ____ welfare,  social,  religious and
civic  organizations;  provided,  however,  that during the Employment Term, the
Executive  shall not serve as a director  or  officer of any entity or  business
enterprise which engages in a business that competes directly with the Business.

                  (e) Nothing in this  Agreement  shall  prohibit the  Executive
from  making  any  investments  in the  securities  of any  entity  or  business
enterprise;  provided,  however,  that during the Employment Term, the Executive
shall not make any  investments  (other than  "passive  investments"  as defined
below) in the securities of any entity or business enterprise which engages in a
business that  competes  directly  with the  Business.  An  investment  shall be
considered a "passive  investment"  to the extent that such  securities  (i) are
actively traded on a United States national securities  exchange,  on the NASDAQ
National Market System or Small Cap Market System, on the OTC Bulletin Board, or
on any  foreign  securities  exchange,  and (ii)  represent,  at the  time  such
investment is made, less than five percent (5%) of the aggregate voting power of
such entity or business enterprise.

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                  (f) The  Executive  shall  perform his duties from his current
offices  located in Los  Angeles,  California.  The  Executive  shall permit the
Company to utilize his Los Angeles,  California offices, on terms and conditions
acceptable to the Executive, in his discretion.

                  (g) The  Executive  shall assist the Company in obtaining  the
Financing by introducing the Company to potential  financing sources.  The other
senior executives of the Company will also be actively involved in obtaining the
Financing,  including,  but not limited to,  preparing  offering  materials  and
private placement memoranda,  and performing "roadshow"  presentations as may be
appropriate to accomplish the Financing.

            3. Base Salary;  Signing  Bonus;  Common  Stock  Bonus;  Sale Bonus;
Performance Bonus.

                  (a) During the  Employment  Term, the Company shall pay to the
Executive  an annual  salary of four hundred  thousand  dollars and no cents (US
$400,000),  as adjusted in accordance with Section 3(b) below (as adjusted,  the
"Base Salary"). The Board of Directors, in its discretion, may increase (but not
decrease) the Base Salary from time to time. The Base Salary shall be payable in
equal quarterly  installments during any year of the Employment Term;  provided,
however,  that such quarterly payments shall be made not later than fifteen (15)
days following the commencement of each quarterly  period,  and shall be subject
to withholding  for applicable  taxes and any other amounts  generally  withheld
from  compensation  paid to salaried  senior  executives of the Company.  If the
Company's financial condition improves, as reasonably determined by its Board of
Directors, the Base Salary shall be paid to the Executive on a bi-weekly basis.

                  (b) The Base Salary shall increase annually by an amount equal
to the  greater of (i) seven and  one-half  percent  (7.5%) for each year of the
Employment Term, and (ii) the annual  percentage  increase in the consumer price
index (the "CPI") for Los Angeles, California as published by the Federal Bureau
of Labor Statistics (the "Bureau"),  or any successor  entity to the Bureau,  in
each case  multiplied by the then current Base Salary  pursuant to Section 3(a);
provided,  however, that if the Bureau no longer publishes the CPI, a comparable
index  reasonably   acceptable  to  the  Company  and  the  Executive  shall  be
substituted therefore.

                  (c) Simultaneously upon the Employment Date, the Company shall
pay to the  Executive  a signing  bonus in the  amount of one  hundred  thousand
dollars and no cents (US $100,000).

                  (d) Simultaneously upon the Employment Date, the Company shall
issue to the  Executive  such  number of shares of its common  stock,  par value
$1.00 per share  ("Common  Stock"),  equal to five percent (5%) of the Company's
then outstanding  shares of Common Stock,  after giving effect to the Financing,
on a fully diluted and as converted basis.

                  (e) If, during the Employment Term or for a period of eighteen
(18) months following the Employment Term, the Company (i) consummates a merger,
consolidation,  sale of all or substantially all of its assets, or enters into a
business combination whereby, following such transaction, the Company is not the

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surviving corporation,  (ii) enters into a transaction or series of transactions
with a person,  group or entity  resulting in the  acquisition  of fifty percent
(50%) or more of the then  outstanding  shares  of  Common  Stock  (or any other
securities with voting rights attached  thereto),  (iii) effects a change in the
majority  of the Board of  Directors  of the  Company,  or (iv)  enters into any
recapitalization or similar  transaction  resulting in a change in fifty percent
(50%) or more of the Common Stock (or any other  securities  with voting  rights
attached thereto),  then  simultaneously  with the consummation of any event set
forth in this Section 3(e)(i),(ii), (iii), or (iv) (each, a "Triggering Event"),
the Company shall pay to the Executive a bonus in cash in an amount equal to the
greater of (i) three million dollars ($3,000,000), and (ii) five percent (5%) of
the total  Consideration (as defined below) paid,  received or contributed by or
to the Company in  connection  with such  Triggering  Event (the "Sale  Bonus"),
which  Sale  Bonus  shall  be up to a  maximum  amount  of ten  million  dollars
($10,000,000) (the "Sale Bonus Cap");  provided,  however, that in the event the
Executive  introduces the party or parties  entering into the  Triggering  Event
with the Company, the Sale Bonus Cap shall not be applicable.  If any Sale Bonus
paid  to the  Executive  hereunder  is  determined  to be an  "Excess  Parachute
Payment"  under  Section 280G of the Internal  Revenue Code of 1986,  as amended
(the  "Code"),  the Company shall pay the Executive a sum equal to fifty percent
(50%) of an additional  amount such that (x) the excess of all Excess  Parachute
Payments (including any payments under this Section 3(e)) over the sum of excise
tax thereon under Section 4999 of the Code and income tax thereon under subtitle
A of the Code and under  applicable  state law is equal to (y) the excess of all
Excess Parachute Payments  (excluding  payments under this sentence) over income
tax thereon  under  Subtitle A of the Code and under  applicable  state law. The
above  determination  shall be made without regard to interest and penalties for
failure to pay or  underpayment  of taxes.  For purposes of this  Section  3(e),
"Consideration"  shall  mean  (i) any  cash  and the  "fair  market  value"  (as
determined  by an  independent  investment  bank of  national  reputation  or as
otherwise  agreed  to in  writing  by the  Company  and  the  Executive)  of any
securities or other property, paid or payable at the time of the consummation of
the relevant  Triggering  Event or committed to be paid in the future,  (ii) the
aggregate dollar amount of all indebtedness of the Company (including guarantees
of  indebtedness  of the Company or a third  party)  assumed,  recapitalized  or
restructured  at the time of, or in connection  with,  the  consummation  of the
relevant Triggering Event, and (iii) any other contingent amounts.

                  (f)  Following  the end of  each  fiscal  year of the  Company
during the Employment  Term, the Executive shall be eligible to receive a fiscal
year end bonus, payable in cash (the "Performance Bonus"). The Company shall pay
to the  Executive  the  Performance  Bonus if the Company  attains the financial
performance targets for such fiscal year as determined prior to the beginning of
such fiscal year in good faith by the Board of Directors of the Company,  in its
sole discretion.  The Performance Bonus, if earned, shall be paid by the Company
to the Executive  within thirty (30) days following the declaration by the Board
of Directors of the Company of the  Performance  Bonus to the  Executive for the
prior fiscal year.

            4.    Expense Allowance; Business Expenses.

                  (a)  The   Company   shall   pay  to  the   Executive,   as  a
non-accountable  expense  allowance,  the amount of four thousand dollars and no
cents  ($4,000.00)  for each month of the Employment  Term for the allocation of
certain business  expenses to the Company,  including the rental of a portion of

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the office space of the Executive's Los Angeles, California office, a portion of
amounts  payable to the  Executive's  executive  assistant  and a portion of the
expenses for telephone, facsimile, photocopies and other general office expenses
(the "Expense Allowance"). The Expense Allowance shall be paid by the Company to
the  Executive  on the  first  day of  each  calendar  month  commencing  on the
Employment Date.

                  (b) In addition to the Expense  Allowance,  the Company  shall
reimburse  the Executive for all  necessary  and  reasonable  expenses  actually
incurred or paid by the Executive  during the Employment Term in connection with
the  performance  of the  Executive's  duties and  obligations to the Company in
accordance with this Agreement,  in accordance with the Company's  policies from
time to time in effect.  Notwithstanding any Company policy to the contrary,  in
connection  with the Executive's  business travel on behalf of the Company,  the
Executive shall be entitled to first class hotel  accommodations and first class
air travel for any flight that is greater than two (2) hours in duration.

            5.    Benefits; Indemnification and D&O Insurance.

                  (a) During the Employment  Term, the Executive may (subject to
applicable  eligibility  requirements)  participate in such insurance and health
and medical benefits as are generally made available to the senior executives of
the Company  pursuant to such plans as are from time to time  maintained  by the
Company;  provided,  however,  that the Company  shall  implement and maintain a
health and  medical  plan as soon  after the  Employment  Date as is  reasonably
practical  and maintain  such  throughout  the  Employment  Term.  The Executive
acknowledges  that  his  participation  in any  benefit  plan  may  require  the
Executive's co-payment of a periodic premium as a deduction from his salary.

                  (b)  During  each  full  year  of  the  Employment  Term,  the
Executive  shall be entitled to four (4) weeks of vacation.  The Executive shall
take vacation at such time or times as the Executive desires based upon the then
current business needs and activities of the Company.

                  (c)  During  the  Employment  Term,  the  Executive  shall  be
entitled to receive  such other  benefits  as may be  provided  to other  senior
executives of the Company,  including participation in the Company's 401(k) plan
and stock option plan.

                  (d) During the Employment  Term,  the Company shall  indemnify
the Executive and hold the Executive fully harmless from and against all claims,
actions,  suits,  proceedings,  liabilities,  damages, fines, costs and expenses
(including,  without limitation,  reasonable attorneys' fees and expenses) which
may be incurred by the  Executive  in  connection  with the  performance  of his
duties  hereunder,  to the fullest extent permitted by applicable law and to the
extent no less  than  provided  to any other  senior  executive  officer  of the
Company.  In addition,  on the  Employment  Date,  the Company and the Executive
shall enter into an  indemnification  agreement  containing terms and provisions
reasonably  satisfactory to the Executive.  During the Employment Term and for a
period of three (3) years  thereafter,  the Company shall maintain in full force
and effect (and pay all premiums which may be due in respect thereof)  directors
and officers  liability  insurance  coverage  which shall  provide not less than
three  million  dollars  ($3,000,000)  of  coverage  per  occurrence  and in the
aggregate.

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            6.    Covenant Not to Solicit.

                  (a) The Executive  shall not,  during the Employment  Term and
the  twenty  four  (24)  month  period   following  the  Employment   Term  (the
"Restriction  Period"),  unless the employment of the Executive is terminated by
the Company Without Cause (as hereinafter  defined) or by the Executive for Good
Reason  (as such term is  hereinafter  defined),  in either  such  instance  the
Restriction  Period  shall  only  continue  for so  long  as the  Company  fully
satisfies its  obligations to the Executive under Section 11(e) or 11(f) hereof,
as applicable,  directly or indirectly,  solicit,  entice,  persuade,  induce or
cause any employee, officer, manager, director, consultant, agent or independent
contractor of the Company to terminate his, her or its  employment,  consultancy
or other  engagement  by the  Company  to become  employed  by or engaged by any
individual,  entity,  corporation,  ____  partnership,   association,  or  other
organization  (collectively,  "Person") other than the Company,  or approach any
such employee,  officer,  manager,  director,  consultant,  agent or independent
contractor  for any of the  foregoing  purposes,  or  authorize or assist in the
taking  of  any  of  such  actions  by  any  Person;  provided,  however,  that,
notwithstanding  anything  to  the  contrary  contained  in the  foregoing,  the
Executive  shall be entitled to employ or otherwise  utilize the services of his
personal  assistant in connection with any other business activity or enterprise
in which the Executive engages or otherwise participates.

                  (b) The Executive shall not,  during the  Restriction  Period,
directly or indirectly, solicit, entice, persuade, induce or cause:

                        (i) any Person who is a customer  of the  Company at any
            time during the Restriction Period; or

                        (ii) any  lessee,  vendor or  supplier  to, or any other
            Person who had or has a business  relationship  with, the Company at
            any time during the Restriction Period;

(the  Persons  referred  to in  items  (i) and  (ii)  above,  collectively,  the
"Prohibited  Persons")  to enter  into a  business  relationship  with any other
Person  for the same or  similar  services,  activities  or goods  that any such
Prohibited  Person  purchased  from,  was  engaged in with or  provided  to, the
Company or to reduce or terminate such Prohibited Person's business relationship
with the Company; and the Executive shall not, directly or indirectly,  approach
any such Prohibited  Person for any such purpose,  or authorize or assist in the
taking of any of such actions by any Person.

                  (c) For  purposes  of this  Section  6, the terms  "employee",
"consultant",  "agent",  and "independent  contractor" shall include any Persons
with  such  status  at  any  time  during  the  six  (6)  months  preceding  any
solicitation in question.

            7. Non-Competition.  Except as otherwise provided in this Agreement,
during  the  Employment  Term and  during  the  Restriction  Period,  unless the
employment of the Executive is terminated by the Company  Without  Cause,  or by
the Executive for Good Reason,  in either instance the Restriction  period shall
only continue for so long as the Company fully exercises its  obligations  under

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Section 11(e) or 11(f) hereof, as applicable,  the Executive shall not, anywhere
within  the  United  States of  America,  directly  or  indirectly,  alone or in
association with any other Person,  directly or indirectly,  (i) acquire, or own
in any manner,  any  interest in any Person that engages in the Business or that
engages in any business, activity or enterprise that competes with any aspect of
the Business, or (ii) be interested in (whether as an owner, director,  officer,
partner, member, lender,  shareholder,  vendor, consultant,  employee,  advisor,
agent,  independent  contractor or otherwise),  or otherwise  participate in the
management or operation of, any Person that engages in any business, activity or
enterprise that competes with any aspect of the Business.

            8.    Protection of Confidential Information.

                  (a) The Executive  acknowledges  that prior to the date hereof
the  Executive  has had access  to,  and  during  the course of the  Executive's
employment hereunder will have access to, significant  Confidential  Information
(as hereinafter defined). During the Restriction Period, (i) the Executive shall
maintain  all  Confidential  Information  in  strict  confidence  and  shall not
disclose any Confidential  Information to any other Person,  except as necessary
in connection  with the  performance of the  Executive's  duties and obligations
under this  Agreement,  and (ii) the  Executive  shall not use any  Confidential
Information for any purpose whatsoever except in connection with the performance
of the Executive's duties and obligations under this Agreement.

                  (b)  "Confidential   Information"   shall  mean  any  and  all
information pertaining to the Company and the Business, whether such information
is in written  form or  communicated  orally,  visually  or  otherwise,  that is
proprietary,  non-public  or relates  to any trade  secret,  including,  but not
limited to,  customer data,  files,  business  secrets and business  techniques.
Notwithstanding  the  foregoing,  "Confidential  Information"  shall not include
information  that (i) is or  becomes  generally  available  to, or known by, the
public through no fault of the Executive,  or (ii) is independently  acquired or
developed by the Executive  without  violating any of his obligations under this
Agreement.

            9.    Certain Additional Agreements.

                  (a) The Executive  agrees that it is a legitimate  interest of
the Company and  reasonable and necessary for the protection of the goodwill and
business of the Company,  which are valuable to the Company,  that the Executive
make the  covenants  contained  in  Section 6,  Section 7 and  Section 8 of this
Agreement.

                  (b) The parties  acknowledge  that (i) the type and periods of
restriction  imposed in the  provisions of Section 6, Section 7 and Section 8 of
this Agreement are fair and  reasonable  and are reasonably  required to protect
and maintain the  proprietary  and other  legitimate  business  interests of the
Company,  as well as the goodwill  associated with the Business conducted by the
Company,  (ii) the Business  conducted by the Company  [extends  throughout  the
United States], and (iii) the time, scope,  geographic area and other provisions
of Section 6, Section 7 and Section 8 of this Agreement  have been  specifically
negotiated by sophisticated  commercial parties represented by experienced legal
counsel.

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<PAGE>

                  (c)  In  the  event  that  any  covenant   contained  in  this
Agreement,  including,  without limitation, any covenant contained in Section 6,
Section 7, or Section 8 of this  Agreement  shall be  determined by any court of
competent jurisdiction to be illegal,  invalid or unenforceable by reason of its
extending for too great a period of time or over too great a  geographical  area
or by reason of its being too extensive in any other respect,  (i) such covenant
shall be  interpreted to extend over the maximum period of time for which it may
be  legal,  valid  and  enforceable,  as  applicable,  and/or  over the  maximum
geographical  area as to  which  it may be  legal,  valid  and  enforceable,  as
applicable,  and/or to the maximum  extent in all other  respects as to which it
may be legal,  valid and enforceable,  as applicable,  all as determined by such
court making such  determination,  and (ii) in its reduced  form,  such covenant
shall then be legal, valid and enforceable, as applicable, but such reduced form
of covenant  shall only apply with respect to the  operation of such covenant in
the particular jurisdiction in or for which such adjudication is made. It is the
intention of the parties that such covenants shall be enforceable to the maximum
extent permitted by applicable law.

            10. Specific Performance. The Executive acknowledges that any breach
or threatened breach of the covenants contained in Section 6, Section 7, Section
8  and  Section  9 of  this  Agreement  will  cause  the  Company  material  and
irreparable damage, the exact amount of which will be difficult to ascertain and
that the  remedies  at law for any such  breach  or  threatened  breach  will be
inadequate.  Accordingly,  the  Executive  agrees  that the  Company  shall,  in
addition to all other available rights and remedies (including,  but not limited
to,  seeking such damages as either of them can show it has  sustained by reason
of such breach),  be entitled to specific  performance and injunctive  relief in
respect of any  breach or  threatened  breach of any of  Section  6,  Section 7,
Section 8 and Section 9 of this  Agreement,  without being required to post bond
or other  security and without  having to prove the  inadequacy of the available
remedies at law or irreparable harm.

            11.   Termination.

                  (a) In the  event of the  death of the  Executive  during  the
Employment  Term,  the  Executive's  employment  hereunder  shall  automatically
terminate  as of the date of  death;  provided,  however,  that the  Executive's
estate  or  legal  representative,  as the case may be,  shall  be  entitled  to
receive,   and  the  Company   shall  pay  the   Executive's   estate  or  legal
representative,  as the case may be, (i) the Base Salary owing to the  Executive
hereunder through the date of death; (ii) the Sale Bonus;  (iii) the Performance
Bonus;  and (iv) any business  expenses which were properly  reimbursable to the
Executive  pursuant to Section 4 hereof,  through the date of  termination.  The
Executive shall be entitled to no further payment upon such termination.

                  (b) In the event of the Executive's Incapacity (as hereinafter
defined),  the Company may, in its sole  discretion,  upon written notice to the
Executive, terminate the Executive's employment hereunder upon written notice to
the Executive;  provided,  however,  that the Executive or the Executive's legal
representative,  as the  case may be,  shall be  entitled  to  receive,  and the
Company shall pay the Executive or the Executive's legal representative,  as the
case may be, (i) the Base Salary owing to the  Executive  hereunder  through the
date the Executive  receives  written notice from the Company of his termination
due to Incapacity;  (ii) the Sale Bonus;  (iii) the Performance  Bonus; and (iv)
any business expenses which were properly reimbursable to the Executive pursuant

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to Section 4 hereof  through the date of  termination.  The  Executive  shall be
entitled  to no further  payment  upon such  termination.  For  purposes of this
Agreement,  "Incapacity"  shall mean the  Executive's  inability  to perform his
duties and obligations  hereunder on account of illness or other  impairment for
six (6)  consecutive  months or such longer  period as  proscribed by applicable
law.

                  (c)  The  Company  shall  have  the  right  to  terminate  the
Executive's   employment  under  this  Agreement  at  any  time  for  Cause  (as
hereinafter  defined)  upon written  notice to the  Executive.  In the event the
Executive's  employment hereunder is terminated by the Company for Cause, or the
Executive  voluntarily  terminates his employment  with the Company prior to the
end of the  Employment  Term upon ninety (90) days prior written notice from the
Executive to the Company,  the Executive  shall be entitled to receive,  and the
Company  shall pay the  Executive,  (i) the Base Salary  owing to the  Executive
hereunder through the date of termination;  and (ii) any business expenses which
were properly reimbursable to the Executive pursuant to Section 4 hereof through
the date of  termination.  The Executive shall be entitled to no further payment
upon such  termination.  The Executive  acknowledges and agrees that each of the
factors which comprise the definition of "Cause"  constitutes,  on an individual
basis,  adequate  and  sufficient  grounds for  termination  of the  Executive's
employment  with  the  Company.  If the  Executive  voluntarily  terminates  his
employment  hereunder,  it shall not be deemed a breach of this Agreement by the
Executive or a violation of the Executive's duties or obligations hereunder.

                  (d) For purposes of this Agreement, "Cause" shall mean:

                        (i) any material breach of any covenant of the Executive
            contained in this  Agreement,  and the  Executive's  failure to cure
            such breach  within thirty (30) days of the  Executive's  receipt of
            written notice with respect thereto;

                        (ii) any  conviction  of the  Executive of or no contest
            plea by the Executive to a felony; or

                        (iii)  any  illegal  drug or  illegal  substance  abuse,
            illegal drug or illegal substance addiction,  or chronic addition to
            alcohol on the part of the  Executive  that  renders  the  Executive
            unable to perform his duties as set forth in this  Agreement,  other
            than any drug use or use of medication prescribed by a doctor.

                  (e)  The  Company  shall  have  the  right  to  terminate  the
Executive's employment hereunder without Cause at any time upon thirty (30) days
prior written notice to the Executive. If the Company terminates the Executive's
employment  hereunder without Cause, the Executive shall be entitled to receive,
and the  Company  shall pay the  Executive,  in  accordance  with the  Company's
regular payroll  policy,  (i) Base Salary owing to the Executive for the two (2)
year period from the date of termination (the period for which Base Salary shall
be owed to the Executive under this Section 11(e)(i) shall be referred to herein
as the "Severance  Period");  (ii) the Sale Bonus;  (iii) the Performance Bonus;
and (iv) any business expenses which were properly reimbursable to the Executive
pursuant to Section 4 hereof  through the date of  termination;  and (iv) during
the Severance Period, the health, medical insurance and other benefits which are

                                      -9-
<PAGE>

provided to the Executive in Section 5(a) hereunder. In addition, if the Company
terminates the Executive's employment hereunder without Cause, any stock options
granted  by the  Company to the  Executive  which have not vested or are not yet
exercisable shall  automatically vest and become immediately  exercisable by the
Executive  commencing  on the date of  termination  and for a period of five (5)
years following the date of termination.

                  (f)  The   Executive   shall  be  entitled  to  terminate  his
employment with the Company for Good Reason (as hereinafter defined) upon notice
to the Company of his intent to so  terminate  within  thirty (30) days after he
has actual  knowledge  of the event  giving  rise to the notice and the  Company
fails to cure the condition  specified in the Executive's  notice to the Company
required to be provided by this Section 11(f) within thirty (30) days  following
such notice. If the Executive terminates his employment pursuant to this Section
11(f),  such  termination  shall be deemed to be a  termination  by the  Company
without  Cause,  with the same effect and  affording to the  Executive  the same
rights and benefits as otherwise  provided in this  Agreement upon a termination
of the  Executive's  employment  by the  Company  without  Cause as  provided in
Section 11(e) hereof.

                  (g) For purposes of this  Agreement,  "Good Reason" shall mean
the occurrence of any of the following events:

                        (i) the  Executive is not retained as both  Chairman and
            Chief  Executive  Officer of the Company  even if the  Executive  is
            allowed to continue in the employ of the Company; or

                        (ii) the  Company  materially  reduces  the  Executive's
            duties and responsibilities hereunder; or

                        (iii) the  Executive  is removed  from his position as a
            member of the Board of Directors of the Company for any reason other
            than in connection with the Executive's termination for Cause; or

                        (iv) the Company  fails to perform or observe any of its
            material   obligations   to  the  Executive   under  this  Agreement
            including,  without  limitation,  by failing to provide or cause the
            provision of, any  compensation or benefits to the Executive that it
            is obligated to provide hereunder; or

                        (v) the  Company  enters into any aspect of the fair and
            carnival business or any business that is related thereto.

            12.   Miscellaneous.

                  (a)  Notices.  All  notices,  demands,   consents,   requests,
instructions  and other  communications  to be given or  delivered  or permitted
under or by reason of the provisions of this Agreement or in connection with the
transactions  contemplated  hereby shall be in writing and shall be deemed to be
delivered and received by the intended  recipient as follows:  (i) if personally
delivered,  on the business day of such delivery (as evidenced by the receipt of
the personal  delivery  service),  (ii) if mailed  certified or registered  mail
return receipt  requested,  four (4) business days after being mailed,  (iii) if

                                      -10-
<PAGE>

delivered by overnight  courier (with all charges having been  prepaid),  on the
business  day of such  delivery (as  evidenced  by the receipt of the  overnight
courier  service of  recognized  standing),  or (iv) if  delivered  by facsimile
transmission,  on the business day of such  delivery if sent by 5:00 p.m. in the
time zone of the recipient,  or if sent after that time, on the next  succeeding
business day (as evidenced by the printed  confirmation of delivery generated by
the sending party's facsimile machine). If any notice, demand, consent, request,
instruction  or other  communication  cannot be  delivered  because of a changed
address of which no notice was given (in accordance with this Section 12(a)), or
the refusal to accept same, the notice, demand, consent, request, instruction or
other  communication  shall be deemed  received on the second  business  day the
notice is sent (as  evidenced  by a sworn  affidavit  of the  sender).  All such
notices, demands, consents, requests, instructions and other communications will
be sent to the following addresses or facsimile numbers as applicable:

            If to the Company, to:

            11077 Biscayne Blvd.
            Suite 101
            Miami, Florida  33161
            Facsimile No.:  (305) 893-8036
            Attn.: David Levy

            with a copy to:

            Blank, Rome, LLP
            Attn: Bruce C. Rosetto, Esq.
            1200 Federal Highway
            Suite 417
            Boca Raton, Florida 33432

            If to the Executive, to:

            Mr. Michael Jay Solomon
            Solomon Entertainment Enterprises, Inc.
            9350 Wilshire  Boulevard,  Suite  212
            Beverly  Hills,  California  90212
            Facsimile No.: (310) 205-6296

            with a copy to:

            Jenkens & Gilchrist Parker Chapin LLP
            The Chrysler Building
            405 Lexington Avenue
            New York, New York 10174
            Facsimile No.:  (212) 704-6288
            Attn.:  Martin Eric Weisberg, Esq.

                                      -11-
<PAGE>

or to such other  address as any party may specify by notice  given to the other
party in accordance with this Section 12(a).

                  (b) Amendment.  This  Agreement may not be modified,  amended,
altered or supplemented,  except by a written agreement  executed by each of the
parties hereto.

                  (c)  Entire  Agreement.  This  Agreement  contains  the entire
understanding and agreement of the parties relating to the subject matter hereof
and supersedes all prior and/or contemporaneous understandings and agreements of
any kind and nature (whether  written or oral) among the parties with respect to
such subject matter, all of which are merged herein.

                  (d) Waiver.  Any waiver by a party  hereto of any breach of or
failure to comply with any provision or condition of this Agreement by any other
party hereto shall not be construed as, or  constitute,  a continuing  waiver of
such  provision or condition,  or a waiver of any other breach of, or failure to
comply with, any other provision or condition of this Agreement, any such waiver
to be limited to the  specific  matter and  instance  for which it is given.  No
waiver of any such breach or failure or of any  provision  or  condition of this
Agreement shall be effective unless in a written  instrument signed by the party
granting  the  waiver  and  delivered  to the other  party  hereto in the manner
provided  for  hereunder in Section  12(a).  No failure or delay by any party to
enforce or exercise its rights  hereunder  shall be deemed a waiver hereof,  nor
shall any single or partial  exercise  of any such right or any  abandonment  or
discontinuance  of steps to enforce such  rights,  preclude any other or further
exercise thereof or the exercise of any other right.

            13.   Governing Law; Jurisdiction.

                  (a) This  Agreement  shall be  governed  by and  construed  in
accordance  with the laws of the State of  California  applicable  to agreements
made and to be performed in that state,  without regard to any of its principles
of conflicts of laws or other laws that would result in the  application  of the
laws of another jurisdiction.

                  (b)  Notwithstanding  anything  herein  to the  contrary,  all
disputes among the parties arising out of or relating to this Agreement shall be
resolved by final and binding arbitration in Los Angeles, California,  conducted
by a single  arbitrator  pursuant  to the  commercial  arbitration  rules of the
American Arbitration  Association.  Depositions may be taken and other discovery
may be  obtained  during  such  arbitration  proceedings  to the same  extent as
authorized in civil juridical proceedings.  Any award issued as a result of such
arbitration  shall be final and  binding  between  the  parties  thereto and not
subject to any judicial review whatsoever, and shall be enforceable by any court
having  jurisdiction  over the party  against whom  enforcement  is sought.  The
parties  shall  cause  the  arbitrator  to  reduce  its  findings  of  fact  and
conclusions  of law to  writing.  The parties  shall  direct the  arbitrator  to
allocate the  responsibility  to pay the costs and  expenses of the  arbitration
(including,  but not limited to,  attorneys'  fees and expenses and the costs of
the  arbitrator)  between  the  parties to the  arbitration  on the basis of the
relative extent to which the arbitrator determines the parties have prevailed in
the arbitration.  In addition, each party shall be entitled to collect its costs
and  expenses  (including,  but not limited to,  attorneys'  fees and  expenses)
incurred in enforcing any arbitration award.

                                      -12-
<PAGE>

                  (c)  Each  of  the  parties  unconditionally  and  irrevocably
consents to the exclusive  jurisdiction of the courts of the State of California
and the federal  district  court for the Southern  District of  California  with
respect to any suit,  action or  proceeding  arising  out of or relating to this
Agreement that cannot be resolved by arbitration hereunder or for the purpose of
enforcing  any  arbitration  award  hereunder,  and each of the  parties  hereby
unconditionally  and irrevocably waives any objection to venue in any such court
or to assert  that any such court is an  inconvenient  forum,  and  agrees  that
service of any  summons,  complaint,  notice or other  process  relating to such
suit,  action or other  proceeding  may be  effected  in the manner  provided in
Section 12(a) hereof. Each of the parties hereby unconditionally and irrevocably
waives  the  right  to a trial  by  jury  in any  such  action,  suit  or  other
proceeding.

            14.  Binding  Effect,  No Assignment,  etc. This Agreement  shall be
binding  upon and shall  inure to the  benefit of the  parties  hereto and their
respective  legal  representatives,  heirs,  estate,  successors  and  permitted
assigns.  Neither this Agreement nor any right, interest or obligation hereunder
may be assigned by any party  hereto  without the prior  written  consent of the
other party,  and any attempt to do so shall be void and of no force and effect,
except (i)  assignments  and  transfers  by  operation  of law and (ii) that the
Company  may  assign  any  or  all  of  its  respective  rights,  interests  and
obligations  hereunder  to  any  purchaser  of a  majority  of  the  issued  and
outstanding  capital stock of the Company or a substantial part of the assets of
the Company.

            15. Third  Parties.  Except as expressly  permitted by Section 12(f)
hereof,  nothing herein is intended or shall be construed to confer upon or give
to any Person, other than the parties hereto, any rights, privileges or remedies
under or by reason of this Agreement.

            16. Headings.  The section headings  contained in this Agreement are
inserted  for  reference  purposes  only and  shall  not  affect  in any way the
meaning,  construction or interpretation of this Agreement. Any reference to the
masculine,  feminine, or neuter gender shall be a reference to such other gender
as is appropriate.  References to the singular shall include the plural and vice
versa.

            17.  Drafting  History.   This  Agreement  shall  be  construed  and
interpreted  without  regard to any  presumption  against the party causing this
Agreement  to be  drafted.  The  parties  acknowledge  that this  Agreement  was
negotiated and drafted with each party being represented by competent counsel of
its choice and with each party having an equal opportunity to participate in the
drafting of the provisions hereof and shall therefore be construed as if drafted
jointly by the parties.

            18. Counterparts.  This Agreement may be executed in two (2) or more
counterparts  (including by facsimile signature,  which shall constitute a legal
and  valid  signature),   and  by  the  different  parties  hereto  in  separate
counterparts, each of which when executed shall be deemed to be an original, and
all of which,  when taken together,  shall constitute one and the same document.
This  Agreement  shall become  effective  when one or more  counterparts,  taken
together, shall have been executed and delivered by all of the parties.

                                      -13-
<PAGE>

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

                                    PYRAMID MUSIC CORP.

                                    By:
                                       -----------------------------------------
                                       Name:
                                       Title:

                                    --------------------------------------------
                                    Michael Jay SolomonExhibit 10.3

                       AMENDMENT TO EMPLOYMENT AGREEMENT

      This Amendment to Employment  Agreement  dated as of December 1, 2003 (the
"Amendment"),  by  and  between  Pyramid  Music  Corp.,  a  Florida  corporation
("Pyramid"),  and Michael  Jay  Solomon,  a resident of the State of  California
("Solomon")

      WHEREAS,  on or about October 1, 2003 Pyramid and Solomon  entered into an
"Employment Agreement", and

      WHEREAS,  the parties seek to amend the  Employment  Agreement  due to the
additional time requirements Pyramid has requested of Solomon, and

      WHEREAS,   Solomon  is  desirous  of  providing  additional  time  to  the
performance  of his duties  under the  Employment  Agreement  upon the terms and
conditions set forth herein;

      NOW,  THEREFORE,  for and in  consideration  of the  mutual  promises  and
covenants made by each of the parties, the parties agree to amend the Employment
Agreement as follows:

1.  INCORPORATION OF RECITALS.  The above Recitals are incorporated by reference
into this Agreement.

2. COMMON  STOCK  BONUS.  Section  3(d) of the  Employment  Agreement  is hereby
deleted in its entirety and replaced with the following language:

The Company shall issue to the Executive 444,444 shares of its common stock, par
value $1.00 per share ("Common Stock") simultaneously with the execution of this
Amendment.

3. NO OTHER  CHANGES.  All other  provisions of the Employment  Agreement  shall
remain unchanged and continue in full force and effect.

4. ENTIRE AGREEMENT. This Amendment and the Employment Agreement constitutes the
final and  entire  agreement  between  Pyramid  and  Solomon.  All prior oral or
written  agreements  between  the  parties  regarding  these  matters are hereby
superseded by this Amendment.

5. AMENDMENT OR MODIFICATION.  This Agreement shall not be amended nor modified,
except by a written document signed by all parties.

6. GOVERNING LAW. This Agreement  shall be interpreted  and construed  under the
laws of the state of  California,  and venue  for all  suits  arising  out of or
relating to this Agreement shall be located within the state of California.

<PAGE>

7. BINDING EFFECT. This Agreement is binding upon and shall inure to the benefit
of each of the parties,  including their respective  executors,  administrators,
heirs, successors and assigns.

8.  BREACH  OF  AGREEMENT.  Any  breach  of this  Agreement  shall  entitle  the
non-breaching  party to  recover  against  the  breaching  party  all  costs and
reasonable  attorney's fees incurred by the non-breaching party in enforcing the
Agreement.

9. HEADINGS.  The headings have been included in this Agreement for  convenience
of reference only and shall not be construed in interpreting this Agreement.

10.  SEVERABILITY.  If any  provision  of this  Agreement  shall be held for any
reason to be invalid, illegal or unenforceable, such impairment shall not affect
any other provision of this Agreement.

11.  ATTORNEY'S FEES. Each party hereto shall bear all attorney's fees and costs
arising  from the actions of its own counsel in  connection  with the review and
negotiation of this Agreement.

IN WITNESS  WHEREOF,  the parties hereto set their hand and seal on this 1st day
of December, 2003.

                                    Pyramid Music Corp.

----------------------------        --------------------------------------
                                    David Levy, President

----------------------------        --------------------------------------
                                    Michael Jay Solomon

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