Document:

STOCK PURCHASE AGREEMENT

      This Stock Purchase Agreement (this "Agreement"), dated as of November 19,
2004, is made by and among OPTIMAL GOLF SOLUTIONS, INC. a Texas corporation (the
"Company"), and DARRYL CORNISH ("Cornish"), CHARLES HUSTON ("Huston"),
(collectively, Huston and Cornish are referred to as "Sellers"), on the one
hand, GPS INDUSTRIES, INC., a Nevada corporation (the "Purchaser"), on the other
hand, with reference to the following:

      A. The Company is primarily engaged in the business of holding
intellectual property relating to global positioning satellite technology for
the golf industry.

      B. Sellers are the beneficial owners and holders of record of all of the
issued and outstanding capital stock of the Company.

      C. Sellers desire to sell to Purchaser, and Purchaser desires to purchase
and acquire from Sellers, all of the issued and outstanding capital stock of the
Company (the "Shares") on the terms and conditions hereinafter set forth.

      NOW, THEREFORE, it is agreed as follows:

      1. Purchase and Sale of Stock. Subject to all the terms and conditions of
this Agreement (all references herein to this Agreement shall include the
schedules and annexes hereto), at the Closing (as hereinafter defined), (a) each
of Sellers shall sell, transfer, deliver and assign to Purchaser, and Purchaser
shall purchase and acquire from each of Sellers, all of each such Seller's
Shares, free and clear of any and all Encumbrances (as defined below), for the
consideration specified in this Agreement.

      2. Consideration.

      2.1 At the Closing, subject to and upon the terms and conditions of this
Agreement, in consideration and as payment in full for the Shares, Purchaser
shall pay total consideration of the greater of (i) $5,250,000 USD (the "Initial
Balance") plus 4.75% interest as hereinafter calculated ("Interest") on the net
outstanding balance (the "Minimum Purchase Price") or (ii) an amount under the
terms of the various cash payments and the First and Second Stock Payments as
described below (the greater of the Minimum Purchase Price or the amount
pursuant to (ii) is hereinafter referred to as the "Purchase Price"): an initial
cash payment of $100,000 USD (the "Initial Cash Payment"), a second cash payment
of $1,000,000 USD (the "Second Cash Payment"), a First Stock Payment (as defined
below), a Second Stock Payment (as defined below), a third cash payment (the
"Third Cash Payment") if required under Section 2.7(f), and a fourth cash
payment (the "Fourth Cash Payment") if the sum of the Initial Cash Payment, the
Second Cash Payment, the First Stock Payment, the Third Cash Payment, if any,
and the Second Stock Payment is less than the Minimum Purchase Price.
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      2.2 Cash payments made hereunder will be paid by wire transfer or
certified check at the option of Sellers, provided, however, that Sellers are to
provide wire transfer instructions on or before the second business day prior to
the scheduled payment date if Sellers elect to receive payment via wire
transfer, otherwise, the Purchaser shall provide Sellers with a certified check
on or before the scheduled payment date.

      2.3 The Initial Cash Payment is creditable to Purchaser at Closing from
the previous payment made to Sellers by Purchaser on November 8, 2004.

      2.4 Any third party royalty payments due and payable to the Company prior
to Closing, but received after Closing shall be remitted to Sellers. The
payments under this Section 2.4 will not be included in calculating the Purchase
Price.

      2.5 The Second Cash Payment is payable at Closing.

      2.6 In connection with the First Stock Payment and the Second Stock
Payments, Purchaser shall use its best efforts to file as soon as practicable a
registration statement with the U.S. Securities and Exchange Commission covering
the resale of up to 40,000,000 shares of its common stock constituting the good
faith estimate of the parties as to the maximum number of shares issuable
hereunder (the "Registration Statement"). Purchaser shall use its best efforts
to have the Registration Statement declared effective as soon as practicable
after the filing (such date to be referred to as the "Effective Date").

      2.7 Upon the Closing, Purchaser shall deliver the First Stock Payment of
9,000,000 restricted shares to the Sellers (the "First Stock Payment"). Sellers
shall sell the First Stock Payment into the open market within 180 trading days
of the Effective Date (the "First Liquidation Period") under the terms of a
Leakage Agreement attached hereto as Exhibit A (the "Leakage Agreement").

            (a) If the Registration Statement has not become effective by June
30, 2005 in spite of Purchaser's best efforts, then, upon Sellers' request,
Purchaser shall pay Sellers cash in the manner set forth in Section 2.2 in the
amount of $2,250,000 USD plus Interest payable in eight monthly installments of
$281,250 USD plus interest commencing June 1, 2005. Upon payment of the full
$2.25 Million USD plus Interest Sellers shall return the First Stock Payment. If
the Registration Statement has not become effective by September 30, 2005 in
spite of Purchaser's best efforts, then, upon Sellers' request, in lieu of the
Second Stock Payment, Purchaser shall pay Sellers cash in the manner set forth
in Section 2.2 in the amount of $1,900,000 USD plus Interest payable in eight
monthly installments of $237,500 USD plus Interest commencing on October 1,
2005. Purchaser shall have the right to prepay any cash payment due under this
Section 2.7(a).

            (b) Immediately upon the expiration of the First Liquidation Period,
Purchaser shall deliver the Second Stock Payment to the Sellers. The second
stock payment (the "Second Stock Payment") shall be as follows:

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            (c) If all of the First Stock Payment is sold within the First
Liquidation Period and the Sellers receive net proceeds from such sales of less
than the First Target Value (as defined below), then Purchaser shall issue
Sellers that number of additional shares of Purchaser's common stock equal to
the quotient of the sum of the Second Target Value (as defined below) and the
difference of the First Target Value and the net proceeds the Sellers received
from the sale of the First Stock Payment and the product of 85% and the then
publicly traded per share market price of Purchaser's common stock. The "First
Target Value" shall mean $2,250,000 USD plus Interest and all associated
transaction fees and costs relating to Sellers' sale of shares included in the
First Stock Payment. By way of example, if Sellers receive net proceeds of $1.75
Million from the sale of all of the 9 Million shares, then the Second Stock
Payment Amount shall equal $1.9 Million plus $500,000 or a total of $2.40
Million. The number of shares of the Second Stock Payment shall be equal to
$2.40 Million divided by the then market price per share adjusted for a 15%
discount. If the market price per share is $1.00, then the Second Stock Payment
would equal 2.40 Million shares divided by 0.85 = 2,823,529 shares.

            (d) If all of the First Stock Payment is sold within the First
Liquidation Period and the Sellers receive net proceeds from such sales of more
than the First Target Value but less than $3,250,000, then Purchaser shall issue
Sellers that number of additional shares of Purchaser's common stock equal to
the quotient of Second Target Value and the product of 85% and the then publicly
traded per share market price of Purchaser's common stock. The "Second Target
Value" shall mean $1,900,000 USD plus Interest and all associated transaction
fees and costs relating to Sellers' sale of shares included in the Second Stock
Payment. In this case, by way of example, if Sellers receive net proceeds of
$2.5 Million from the sale of all of the 9 Million shares, then the Second Stock
Payment Amount shall be $1.9 Million. The number of shares of the Second Stock
Payment shall be equal to $1.9 Million divided by the then market price per
share adjusted for a 15% discount. If the Market Price per share is $1.00, the
payment is 1.9 Million shares divided by 0.85 = 2,235,294.

            (e) If all of the First Stock Payment is sold within the First
Liquidation Period and the Sellers receive net proceeds from such sales of more
than $3,250,000, then Purchaser shall issue Sellers that number of additional
shares of Purchaser's common stock equal to the quotient of the difference
between the Second Target Value and the difference between Sellers' net proceeds
from the sale of the First Stock Payment and $3,250,000 and the product of 85%
of the then publicly traded per share market price of Purchaser's common stock.
In this case, by way of example, if Sellers receive net proceeds of $3.50
Million from the sale of all of the 9 Million shares, then the Second Stock
Payment Amount shall equal $1.9 Million minus $250,000 ($3.5 Million - $3.25
Million) or a total of $1.65 Million. If the then Market Price is $1.00 per
share, the number of shares due is 1.65 Million adjusted for a 15% discount =
1,941,176.

            (f) If all of the First Stock Payment is not sold within the First
Liquidation Period and Sellers have complied with the terms of the Leakage
Agreement, then Purchaser shall pay Sellers the Third Cash Payment within 3
business days, in addition to any other consideration due Sellers under this
Section, the difference between the net proceeds received from the sale of the
First Stock Payment and the First Target Value in cash and Sellers shall return
any remaining unsold shares from the First Stock Payment.

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            (g) Notwithstanding anything herein to the contrary, Purchaser
agrees that Sellers will receive at least $500,000 net proceeds from the sale of
the First Stock Payment by the end of the First Liquidation Period and will pay
Sellers any deficiency within 5 business days of Purchaser's receipt of notice
of such shortfall from Sellers.

            (i) Sellers may elect to sell all or part of the Second Stock
Payment shares under the terms of the Leakage Agreement or to otherwise sell or
hold the shares at any time, provided that Sellers shall give Purchaser at least
thirty (30) days notice of its election.

            (j) If Sellers elect to hold any portion of the Second Stock Payment
shares Purchaser shall have no further obligation for any payments to Sellers
with respect to shares of the Second Stock Payment after Purchaser's receipt of
Sellers' written election. The Fourth Cash Payment will be made by Purchaser to
Sellers in accordance with the following:

                  (1) If Sellers elect to sell the Second Stock Payment shares
under the terms of the Leakage Agreement, such shares shall be sold within 180
trading days from receipt of the Second Stock Payment (the "Second Liquidation
Period"). If the net proceeds from such sales are less than the Second Target
Value at the end of Second Liquidation Period, then Purchaser shall pay cash to
Sellers in an amount equal to the difference between the Second Target Value and
the net proceeds actually received by Sellers from the sale of the Second Stock
Payment. Such payment shall be made within 60 days of the date Sellers notify
Purchaser of shortage.

                  (2) In the event that, as a result of the Sellers' receipt of
the Initial Cash Payment, the Second Cash Payment, the receipt of net proceeds
from the First and Second Stock Payments, and the Third Cash Payment, if any, is
less than the Minimum Purchase Price, then, within sixty days from receipt by
Purchaser of a reconciliation of net funds from the sale of the First Stock
Payment and the Second Stock Payment, Purchaser shall pay to Sellers cash in an
amount equal to the difference of the Minimum Purchase Price and the sum of the
Initial Cash Payment, the Second Cash Payment, the receipt of net proceeds from
the First and Second Stock Payments, and the Third Cash Payment.

            (k) Upon receipt of the first $727,000 net proceeds from the sale of
the Second Stock Payment, Sellers shall deliver such amount (the "Escrow
Amount") to David Ficksman, Esq. (the "Escrow Agent") to hold in escrow for a
period of 18 months from Closing to partially secure Sellers' indemnification
obligation hereunder. The Purchaser and Sellers shall execute the escrow
agreement that is mutually agreeable upon Sellers' receipt of first $727,000 in
net proceeds from the sale of the Second Stock Payment. The form of such escrow
agreement shall be agreed upon by Sellers and Purchaser within a reasonable time
after Closing.

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            (l) All Interest shall be calculated from the date of Closing
monthly based on the Initial Balance less the aggregate net amount of cash
payments paid through the date of calculation. Sellers shall keep a ledger of
the balance outstanding by recording all payments received each month in the
ledger, net of the allowed selling costs and expenses. The receipts shall be
supported by monthly bank statements showing the receipts and with monthly
statements from Sellers' broker who is selling the shares (showing net payments
made). The final interest calculation shall be done by Sellers' outside
accountant (reviewed by Purchaser), and provided to Purchaser by way of a
statement after the final principal balance is paid off. Interest shall be paid
within thirty days from the final recalculation.

3. Closing. Subject to the satisfaction or waiver of all conditions to the
Closing set forth in this Agreement, the consummation of the purchase and sale
of the Shares (the "Closing") shall take place at 9:00 a.m. on November 19, 2004
at the offices of Strasburger & Price, LLP, 600 Congress Avenue, Suite 1600,
Austin, Texas 78701 or on such other date or at such other place or time as the
parties hereto may agree upon in writing (the date on which the Closing occurs
is sometimes referred to herein as the "Closing Date"). At the Closing, Sellers
and Purchaser shall deliver the documents and take the actions referred to in
Section 11 hereof.

4. Representations and Warranties of the Company and Sellers. The Company and
Sellers hereby jointly and severally represent and warrant to Purchaser as
follows:

      4.1 Organization and Authority. The Company is a corporation duly
organized, validly existing and in good standing under the laws of the State of
Texas and in each jurisdiction in which the business transacted by the Company
would make such qualification necessary except where the failure to be so
qualified would not have a Material Adverse Effect (as defined below). The
Company has the requisite corporate power to own its properties and assets and
to carry on its business as now being conducted. The Company has full corporate
power and authority to enter into this Agreement and any agreements related
hereto and to carry out the transactions contemplated by this Agreement and any
agreements related hereto. The Company has delivered or caused to be delivered
to Purchaser true and complete copies of the Company's Articles of Incorporation
and By-Laws, in each case as amended to date, and copies of all minutes of
proceedings taken by (and all written consents executed by) the Board of
Directors of the Company (and each committee thereof) and the shareholders of
the Company during the last two (2) years. For purposes of this Agreement, a
"Material Adverse Effect" or "Material Adverse Change" means any effect or
change that is or would be materially adverse to the business, operations,
assets, condition (financial or otherwise) or results of operations of the
Company or the Shares or the consummation of the transactions contemplated
hereby.

      4.2 Authorization and No Conflicts. The execution, delivery and
performance of this Agreement, the transactions contemplated hereby and all
other documents and agreements of the Company delivered or to be delivered
pursuant hereto: (a) have been duly authorized by all necessary corporate action
on the part of the Company, (b) will not result in any conflict with, or breach
or violation of, or default under, the Articles of Incorporation or By-Laws of
the Company or any judgment, order, decree, mortgage, agreement, deed of trust,
indenture or other instrument to which the Company is a party or by which it is
bound, or any federal, state or local statute or regulation applicable to the
Company. This Agreement has been duly executed and delivered on behalf of the
Company and constitutes a legal, valid and binding obligation of the Company
enforceable in accordance with its terms, except as limited by applicable
bankruptcy, insolvency, moratorium, reorganization, or other laws affecting
creditors' rights and remedies generally.

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      4.3 Consents. Except as set forth on Schedule 4.3 attached hereto, no
consent or approval of any person, regulatory authority, governmental
organization or third party, and no approval, order, license, permit, franchise,
declaration or filing of any nature, is required as a result of or in connection
with the Company's execution, delivery and performance of its obligations under
this Agreement.

      4.4 Financial Information. Attached hereto as Schedule 4.4 are copies of
the unaudited balance sheets and related statements of income of the Company as
of and for the year ended December 31, 2003 and for the ten months ended October
31, 2004 (collectively the "Financial Statements"). The Financial Statements
accurately reflect the books, records and accounts of the Company as at the
dates indicated and present fairly the respective financial position and results
of operations of the Company for the periods indicated.

      4.5 Absence of Changes or Events. Except as set forth on Schedule 4.5
attached hereto, since October 31, 2004 (the "Financial Date"), the Company has
conducted its business only in the ordinary course consistent with past practice
and has not:

            (a) Incurred any Material Adverse Change;

            (b) Suffered any event, including whether covered by insurance or
not, which has had a Material Adverse Effect;

            (c) Incurred any obligation or liability other than in the ordinary
and usual course of business that has had a Material Adverse Effect;

            (d) Made any material change in the method of operating the
Company's business or any change in the accounting practices relating thereto;

            (e) Incurred any indebtedness for borrowed money or forgiven or
cancelled any debts or claims, other than in the ordinary and usual course of
business;

            (f) Agreed to sell, lease, or dispose of its shares or any of its
Assets (defined below), except as contemplated in this Agreement and, as to the
Assets, except in the ordinary and usual course of business;

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            (g) Modified, waived, changed, amended, released or terminated any
Contract (as hereinafter defined), other than as expressly contemplated by this
Agreement;

            (h) Made or obligated itself in any way to make any increase in or
modification of the compensation or benefits payable or to become payable to any
director, officer, employee or consultant of or to the Company, other than
regular periodic employee raises pursuant to the Company's normal business
policy; or

            (i) Declared or paid any dividend or distribution upon or with
respect to the Shares other than as contemplated in this Agreement.

      4.6 No Subsidiaries. The Company does not own, beneficially or of record,
any equity interest in any corporation, limited liability company, partnership,
joint venture or other entity.

      4.7 Taxes. Except as set forth on Schedule 4.7 attached hereto, (a) all
federal, state, county and municipal tax returns, reports and declarations which
are required to have been filed by or on behalf of the Company have been filed
and are complete and accurate in all material respects and all taxes which have
become due pursuant thereto have been paid and (b) the Company's liability for
unpaid taxes, if any, did not exceed the reserve for unpaid taxes, if any, set
forth on the Financial Statements. No tax is required to be withheld pursuant to
Section 1445 of the Code, as a result of the purchase contemplated by this
Agreement and none of Sellers is a foreign person within the meaning of said
Section 1445. There are no pending tax examinations affecting the Company, its
federal or state tax return, its business, the Shares or the Assets (as
hereafter defined)nor are there any claims for taxes pending. The Company is not
a party to any tax sharing agreement or arrangement. The Company is not subject
to any joint venture partnership or other arrangement that is treated as a
partnership for tax purposes. The Company is not a party to any agreement,
contract, plan or arrangement that has resulted, or could result, separately or
in the aggregate in the payment of any "excess parachute payments" within the
meaning of Section 280G of the Code or which could result in a disallowed
deduction under Section 162(m) of the Code.

      4.8 Assets. Subject to changes in the ordinary course of business since
the Financial Date and except as set forth on Schedule 4.8 attached hereto, the
Company has title to all of the assets listed on the balance sheet included in
the Financial Statements (the "Assets") free and clear of any and all liens,
encumbrances, security interests, pledges, options, mortgages, equities or other
similar interests, except for the lien and security interest created as a part
of these transactions, ("Encumbrances"). The Assets constitute all of the assets
necessary for the operation of the business of the Company as it is currently
conducted and operated. All personal property included in the Assets is in
operating condition, subject only to ordinary wear and tear and maintenance, and
is adequate for the uses to which such Assets are currently being put. Set forth
on said Schedule 4.8 is a list of each of savings, money market, checking,
market rate and/or other similar accounts held with, at or by any bank, savings
and loan institution, credit union, broker, financial advisor, investment
advisor, thrift or other similar financial institution, each brokerage account,
and each lock box and safe deposit box (collectively, the "Accounts"), in each
case held or registered in the name of the Company or controlled by, or held or
open for the benefit of the Company, which said Schedule 4.8 includes the name
of the institution at which such Accounts are located, the account number
therefor or other identifying information with respect thereto and the
authorized signatories thereon or thereto or the names of the persons who are
authorized to have access thereto. No funds, cash equivalents, securities or
safe deposit boxes of the Company nor any rights in or to any of the Company's
Accounts are held or controlled by (except as Sellers or officers of the Company
may be deemed to control the same solely in their capacity as shareholders of
the Company) any person or entity other than the Company nor are any of such
funds, cash equivalents, securities or safe deposit boxes registered in or under
any name (nor do they otherwise reflect any name) other than the name of the
Company.

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      4.9 Account Receivables. The accounts receivable of the Company, including
those included in the Assets as of the Closing and those shown on the balance
sheets included in the Financial Statements, arose in the ordinary course of the
Company's business. Except for trade discounts and rebates in the ordinary
course of business, no agreement for deduction, discount or rebate has been made
with respect to any of such account receivables. Except for accounts receivable
of ProLink/ParView, LLC and ProShot Golf, Inc., the Company has delivered to
Purchaser a list of all accounts receivable of the Company as of October 31,
2004, setting forth an aging thereof as of such date (0-30 days, 30-90 days and
greater than 90 days).

      4.10 Title to Real Property. The Company does not own any real property.
Attached hereto as Schedule 4.10 is a list of each lease for real property to
which the Company is a party or which covers any premises at which the Company
operates its business or maintains any of the Assets together with a copy of
each such lease.

      4.11 Patents, Trademarks, Tradenames, Service Marks and Copyrights.

            (a) Schedule 4.11 attached hereto sets forth a list of all logos,
trademarks, trademark applications, service marks, service mark applications,
copyrights, copyright applications, trade names, patents, patent applications,
domain names, internet addresses, and any and all similar other intellectual
property rights owned and used by the Company in the operation of the Company's
business (collectively, the "Proprietary Rights"). The Proprietary Rights
include all patent rights, copyrights, trade secrets, information, proprietary
rights and processes necessary for the operation of the Company's business as
now conducted. Except as disclosed on Schedule 4.11 attached hereto, the Company
is the sole owner of all right, title and interest in and to all the Proprietary
Rights free and clear of all Encumbrances. Except as disclosed on Schedule 4.11
there are no outstanding options, licenses, or agreements of any kind relating
to the Proprietary Rights nor is the Company a party to any options, licenses,
or agreements of any kind with respect to the logos, trademark and tradename
rights, software, databases, patents, patent rights, copyrights, trade secrets,
processes and proprietary licenses, information, proprietary rights and
processes of any other person or entity used in the operation of the Company's
business except for inbound shrink wrap commercial licenses or other similar
publicly available commercial licenses.

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            (b) There is not pending nor, to the Company's knowledge, is there
threatened any claim or litigation contesting the right of the Company to engage
in or employ any of the Proprietary Rights. None of the employees of the Company
(the "Employees") nor any of the officers, directors, consultants, salespersons,
or other personnel retained or engaged by the Company who are not otherwise
Employees (collectively with the Employees, the "Service Providers") is in
violation of any term of any employment contract, proprietary information or
inventions agreement, or any other contract or agreement relating to the
relationship of any such Service Provider with the Company or, to the Company's
knowledge, any previous employer. None of the Employees is obligated under any
contract, or subject to any judgment, decree or order of any court or
administrative agency which would conflict with any obligations they may have to
use their best efforts to promote the interests of the Company's business or
which would conflict with the operation of the Company's business as it is
currently conducted.

      4.12 Insurance. Schedule 4.12 attached hereto sets forth a list of each of
the policies of insurance the Company currently maintains with respect to its
business. The Company has not received any written notification that any of such
policies will not be renewed (upon the same terms and conditions as are
currently in effect) upon the expiration thereof. The Company has not been
refused any insurance by an insurance carrier during the past three (3) years
nor has any insurance policy been cancelled with respect to the Company, its
business or the Assets. There is no claim by the Company pending under any of
such policies. All premiums due and payable through the date hereof under all
such policies have been paid.

      4.13 Contracts and Commitments.

            (a) Schedule 4.13 attached hereto contains a list (and where oral, a
summary description) of all material contracts, commitments, agreements
(including collective bargaining agreements), leases, licenses, undertakings and
other arrangements relating to or arising out of the business of the Company to
which the Company is a party, or by which the Company, its business, the Assets
or any of the Shares is or are bound or which affects the consummation of the
transactions contemplated hereby in effect as of the date hereof. A contract
shall be considered "material" for purposes of this Section 4.14(a) if (i) the
commitment thereunder is or was (A) incurred outside the ordinary course of
business, or (B) incurred in the ordinary course of business (other than
purchase or sales orders and/or leases for office equipment) and involves in
excess of Twenty Five Thousand Dollars ($25,000), (ii) such contract (other than
leases of office equipment) requires performance more than twelve (12) months
after the Closing Date, (iii) such contract is one of the leases identified on
Schedule 4.10 attached hereto or (iv) such contract or commitment relates to any
of the Shares.

            (b) The contracts required to be listed or described on said
Schedule 4.13 are referred to herein as the "Contracts." The Company has
delivered or caused to be delivered to Purchaser a copy of each of the written
agreements which is required by clause (a) of this Section 4.13 to be listed on
said Schedule 4.13. Except as set forth on said Schedule 4.13 and except to the
extent that the same will not have a Material Adverse Effect, (i) each of the
Contracts is in full force and effect and has not been amended, modified or
assigned, and all payments and other amounts required to be paid by the Company
under each of such Contracts, which have become due, have been paid; (ii) there
exists no default under any of such Contracts, and no event, occurrence,
condition or act which, with the giving of notice, the lapse of time or the
happening of any further condition would become a default under any of such
Contracts; and (iii) no waiver or indulgence has been granted by the Company or
any of Sellers to the other party under any of the Contracts. To the Company's
knowledge, except as set forth on said Schedule 4.13, the sale or transfer of
the Shares will not be deemed an assignment under any of such Contracts for
which consent is required and the sale and transfer of the Shares will not
affect the validity or enforceability of any Contract or cause any change in the
substantive terms thereof.

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      4.14 Litigation. Except for the PPL Issue (defined below) and except as
set forth on Schedule 4.14 attached hereto, as of the date hereof, there is no
claim, legal action, decree, judgment, order, settlement agreement, arbitration
or other proceeding, suit or governmental investigation ("Proceeding") pending
or, to the Company's knowledge, threatened against the Company, any of Sellers
(to the extent the same relates to the Company), the Assets or the Shares. The
Company has not been charged with nor, to the Company's knowledge, is the
Company or any of Sellers (to the extent the same relates to the Company) in
violation of, or in default with respect to, any judgment, order, or decree with
respect to the Company which affects any of the Assets or the Shares. The "PPL
Issue" shall mean threatened claims and litigation by ProLink/ParView, LLC
arising from the Company's previous dealings with such entity or its affiliates.

      4.15 Compliance with Laws.

            (a) Except where the failure to hold the same would not have a
Material Adverse Effect, the Company holds all permits, licenses, certificates,
franchises, registrations, variances, exemptions and approvals of all
governmental agencies or entities which are necessary for the business of the
Company as it is currently conducted (the "Company Permits"). Except where such
noncompliance would not have a Material Adverse Effect, the Company has complied
with all laws, regulations and orders applicable to the Company, its business,
the Shares, the Assets or the transactions contemplated hereby which may subject
Purchaser or the Company (following the Closing) to liability.

      4.16 Employees. There are no labor controversies pending or, to the
Company's knowledge, threatened between the Company and any of its Service
Providers, or any former employee, consultant, director, officer, salesperson or
other former personnel or any labor union or other collective bargaining unit
representing any of such Service Providers.

      4.17 Intentionally Deleted

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      4.18 Brokers' and Finders' Fees. None of Sellers or the Company is
obligated to pay any fees or expenses of any broker or finder in connection with
the origin, negotiation, or execution of this Agreement or in connection with
any transactions contemplated hereby.

      4.19 Indebtedness. Schedule 4.19 attached hereto sets forth a list of all
agreements and other instruments under which the Company is indebted for
borrowed money or the deferred purchase price for property or has guaranteed the
liability, debt or obligation of any other person or entity (other than the
Company Notes and contracts or leases of or for office equipment). The Company
has furnished or have caused to be furnished to Purchaser copies of each such
agreement or other instrument under or pursuant to which the Company has
outstanding indebtedness for borrowed money or the deferred purchase price for
property or pursuant to which the Company has guaranteed the liability, debt or
obligation of any other person or entity. Except as set forth in said Schedule
4.19, the Company is not in default under any of such agreements or other
instruments, nor is it aware of any event that, with the passage of time, or
notice, or both, would result in an event of default thereunder except such
defaults that would not, individually or in the aggregate, have a Material
Adverse Effect.

      4.20 No Undisclosed Liabilities. The Company does not have any material
liability, loss, cost, or expense, except for (a) liabilities accrued or
reserved against in the Financial Statements, (b) liabilities which have arisen
after the Financial Date in the ordinary course of business consistent with the
Company's past practices in type and in amount, none of which results from,
arises out of, relates to, is in the nature of or was caused by any breach of
contract, breach of warranty, tort, infringement or violation of law, (c) those
set forth on Schedule 4.20 attached hereto.

      4.21 Shares. The authorized capital stock of the Company consists solely
of 18,000 shares of common stock, no par value per share, of which 18,000 shares
are issued and outstanding. All such outstanding shares have been authorized,
and are validly issued and outstanding, fully paid and nonassessable, are not
subject to any right of rescission and were offered and sold by the Company in
compliance with all registration or qualification requirements (or applicable
exemptions therefrom) of applicable federal and state securities laws (or the
statute of limitations with respect thereto has expired). The Shares constitute
the only issued and outstanding shares of capital stock of the Company. No
persons other than Sellers has any record or beneficial interest in the Shares.
Except as contemplated hereby and except for the Shares, there are no issued or
outstanding securities convertible into, or any options, warrants, or rights to
acquire, any or all of the Shares or any capital stock or convertible securities
of the Company and no person or entity has any call, commitment or other rights
to purchase or acquire any capital stock of the Company.

      4.22 Disclosure. To the knowledge of the Company neither this Agreement
nor any written instrument, list, exhibit, Schedule or certificate furnished or
to be furnished to Purchaser by the Company pursuant to this Agreement contains
any untrue statement of a material fact or omits to state a material fact
necessary in order to make the statements made therein not misleading.

                                       11
<PAGE>

5. Representations and Warranties of Sellers. Each of Sellers hereby severally
represents and warrants to Purchaser as to him or her as follows:

      5.1 Authorization and No Conflicts. The execution, delivery and
performance of this Agreement, the transactions contemplated hereby and all
other documents and agreements of such Seller delivered or to be delivered
pursuant hereto will not result in any conflict with, or breach or violation of,
or default under, any judgment, order, decree, mortgage, agreement, deed of
trust, indenture or other instrument to which such Seller is a party or by which
he is bound, or any federal, state or local statute or regulation applicable to
such Seller, and will not result in the creation of any lien, encumbrance or
other charge on any of the Assets or the Shares. This Agreement has been duly
executed and delivered on behalf of such Seller and constitutes a legal, valid
and binding obligation of such Seller enforceable against such Seller in
accordance with its terms, except as limited by applicable bankruptcy and
solvency, moratorium, reorganization, or other laws affecting creditors rights
and remedies generally.

      5.2 Title to Shares. Such Seller owns beneficially and of record the
number of shares of the Common Stock of the Company set forth on Schedule 5.2
attached hereto and has full and unrestricted power to sell, assign and transfer
the shares set forth opposite his or her name on said Schedule 5.2 to Purchaser
upon the terms and conditions set forth in this Agreement, free and clear of any
and all Encumbrances, and, upon the Closing, Purchaser will acquire good and
marketable title to all of such shares free and clear of any and all
Encumbrances.

6. Representations and Warranties of Purchaser. Purchaser represents and
warrants to each of Sellers as follows:

      6.1 Organization and Authority. Purchaser is a corporation duly organized,
validly existing and in good standing under the laws of the State of Nevada and
has full Corporate power and authority to enter into this Agreement, and any
related agreements and to carry out the transactions contemplated by this
Agreement and any related agreements.

      6.2 Authorization and No Conflicts. The execution, delivery and
performance of this Agreement, the related agreements, Escrow Agreement,
Security Agreement and the transactions contemplated hereby and thereby, and all
other documents and agreements of Purchaser delivered pursuant hereto and
thereto: (a) have been duly authorized by all necessary corporate action on the
part of Purchaser, and (b) will not result in any conflict with, or breach or
violation of, or default under, the Articles of Incorporation or the By-laws of
Purchaser or any judgment, order, decree, mortgage, agreement, deed of trust,
indenture or other instrument to which Purchaser is a party or by which it is
bound, or any statute or regulation applicable to Purchaser. This Agreement has
been duly executed and delivered on behalf of Purchaser and constitutes a legal,
valid and binding obligation of Purchaser enforceable in accordance with its
terms, except as limited by applicable bankruptcy, insolvency, moratorium,
reorganization, or other laws affecting creditors' rights and remedies
generally. At the Closing, each of the Escrow Agreement and the Security
Agreement will be duly executed and delivered on behalf of Purchaser and each
will constitute a legal, valid and binding obligation of Purchaser enforceable
in accordance with its terms, except as limited by applicable bankruptcy,
insolvency, moratorium, reorganization, or other laws affecting creditors'
rights and remedies generally.

                                       12
<PAGE>

      6.3 Financial Statements. Purchaser has delivered to Sellers a copy of the
audited financial statements of Purchaser as of and for the year ended December
31, 2003, and unaudited financial statements as at and for the six month period
ended June 30, 2004 (such year end and sixth month period financial statements
are referred to herein as the "Purchaser Financial Statements"). The Purchaser
Financial Statements have been prepared in accordance with Generally Accepted
Accounting Principles on a consistent basis throughout the periods covered
thereby subject to, in the case of the Purchaser Financial Statements as at and
for the six month period ended June 30, 2004, normal year-end adjustments (none
of which will, individually or in the aggregate, be materially adverse). The
Purchaser Financial Statements accurately reflect the books, records and
accounts of Purchaser at and as of the dates and periods indicated and present
fairly the financial position, results of operation and cash flow of Purchaser
at and as of the periods indicated.

      6.4 No Adverse Changes. Since June 30, 2004, there has not been any
material adverse change in the financial condition, results of operations,
assets, liabilities or cash flow of Purchaser or its business, or, to
Purchaser's knowledge, any occurrence, circumstance, or combination thereof
which reasonably could be expected to result in any such adverse change.

      6.5 Consents. No consent or approval of any person, regulatory authority,
governmental organization or third party, and no approval, order, license,
permit, franchise, declaration or filing of any nature, is required as a result
of or in connection with Purchaser's execution, delivery and performance of its
obligations under this Agreement.

      6.6 Investment Representations. Purchaser is acquiring the Shares for
investment purposes only and not with a view to or for sale in connection with
any distribution thereof. Purchaser understands that the Shares have not been
registered under the Securities Act of 1933, as amended (the "1933 Act"), or
registered or qualified under applicable state securities laws and thus must be
held until the transfer of the Shares is so registered or qualified or is exempt
from such registration and/or qualification requirements.

      6.7 SEC Filings. The annual reports on Form 10-KSB for Purchaser's fiscal
years ended December 31, 2003 and December 31, 2002 as filed electronically with
the Securities and Exchange Commission ("SEC"), and the quarterly reports on
Form 10-QSB for Purchaser's fiscal quarter ended June 30, 2004, filed
electronically with the SEC, in the form of each of the foregoing obtainable
from the SEC's website did not contain, as of the filing date of each such
report, any untrue statements of a material fact or omit to state any material
fact necessary in order to make the statements made therein, in light of the
circumstances under which they were made, not misleading. Purchaser has filed
with the SEC all reports required to be filed by it under the 1933 Act and the
Securities Exchange Act of 1934, as amended. The most recent report filed by
Purchaser with the SEC is the Form 10-QSB for the fiscal quarter ended June 30,
2004.

                                       13
<PAGE>

      6.8 Disclosure. Neither this Agreement nor any written instrument, list,
exhibit, Schedule or certificate furnished or to be furnished to Sellers or the
Company pursuant to this Agreement contains or will contain any untrue statement
of a material fact or omits or will omit to state a material fact necessary in
order to make the statements made therein not misleading.

      6.9 Brokers' and Finders' Fees. Purchaser is not obligated to pay any fees
or expenses of any broker or finder in connection with the origin, negotiation,
or execution of this Agreement or in connection with any transactions
contemplated hereby.

      6.10 Shares. The authorized capital stock of Purchaser consists solely of
250,000,000 shares of common stock, $.001 par value per share, of which
186,125,425 shares are issued and outstanding and 25,000,000 shares of Preferred
Stock of which 250,000 shares are issued and outstanding. All such outstanding
shares have been authorized, and are validly issued and outstanding, fully paid
and nonassessable, are not subject to any right of rescission and were offered
and sold by the Company in compliance with all registration or qualification
requirements (or applicable exemptions therefrom) of applicable federal and
state securities laws (or the statute of limitations with respect thereto has
expired).

7. Covenants of the Company and Sellers.

      7.1 Further Assurances. From time to time, provided Purchaser is not in
breach of any provision of this Agreement and at Purchaser's request, whether on
or after the Closing Date and without further consideration, Sellers and the
Company shall execute and deliver or cause to be executed and delivered such
further instruments of conveyance and transfer and take such other action as
Purchaser reasonably may require more effectively to convey and transfer to
Purchaser title to the Shares free and clear of any Encumbrances and to
effectuate the transactions contemplated hereby.

      7.2 Operation of Business. Between the date hereof and the Closing, the
Company (a) shall carry on its business in the usual and ordinary course of
business, and (b) shall not enter into any contract or agreement that, had the
same been in effect as of the date hereof, would have been required to be listed
on Schedule 4.13 attached hereto, without the prior written consent of Purchaser
(which consent shall not be unreasonably withheld or delayed).

      7.3 Best Efforts. Each of Sellers and the Company shall use its, his or
her best efforts to cause the conditions to Closing in Section 8 which are to be
complied with or satisfied by it to be so complied with or satisfied by it, him
or her at or prior to the Closing.

                                       14
<PAGE>

8. Covenants of Purchaser.

      8.1 Security Agreement. At the Closing, Purchaser shall execute and
deliver to Sellers the Security Agreement attached as Exhibit B (the "Security
Agreement").

      8.2 Best Efforts. Purchaser shall use its best efforts to cause the
conditions to Closing which are to be complied with or satisfied by it to be so
complied with or satisfied by it at or prior to the Closing.

      8.3 Limited Rights to Enforce Patents. Prior to Sellers receiving
aggregate cash consideration of $3,000,000 USD for their sale of the Shares,
neither Purchaser, the Company, nor any successors shall have the right to
commence legal proceedings against an infringer with respect to the rights
granted the Company under U. S. Pat. No. 5,364,093 (the "'093 Patent"), except
that nothing herein shall prohibit Purchaser from enforcing its rights under any
license agreement relating to the `093 Patent or defending against a claim of
infringement including the filing of a cross complaint.

9. Conditions to Purchaser's Obligations. Purchaser's obligations to purchase
the Shares and pay the Purchase Price shall be subject to the satisfaction of
each of the following conditions:

      9.1 Adverse Proceedings. No order of any court or administrative agency
shall be in effect which restrains or prohibits the transactions contemplated
hereby, and no suit, action, investigation, inquiry or other legal or
administrative proceeding shall have been instituted and shall remain pending on
the Closing Date, or shall be threatened on the Closing Date, which challenges
the validity or legality of the transactions contemplated hereby.

      9.2 No Litigation. No litigation shall have been instituted on or prior to
the Closing Date (other than those matters, if any, specified on Schedule 9.2
attached hereto) which would have a Material Adverse Effect on the Company.

      9.3 Performance; Representations of Sellers and the Company. Sellers and
the Company shall have duly performed or complied with, in all material
respects, his, her or its covenants and obligations under this Agreement to be
performed or complied with prior to the Closing and the representations and
warranties of the Company and Sellers in Section 4 hereof and the
representations and warranties of Sellers set forth in Section 5 hereof shall be
true and correct in all material respects as if made on and as of the Closing
Date (or such other date as may be explicitly stated in the representation or
warranty).

      9.4 Tender of Documents. At the Closing, Sellers and the Company shall
have tendered or cause to be tendered to Purchaser all of the documents listed
in Section 11.1 below.

10. Conditions to Sellers' Obligations. Sellers' obligation to sell the Shares
to Purchaser shall be subject to the satisfaction of each of the following
conditions:

                                       15
<PAGE>

      10.1 Adverse Proceedings. No order of any court or administrative agency
shall be in effect which restrains or prohibits the transactions contemplated
hereby, and no suit, action, investigation, inquiry or other legal or
administrative proceeding shall have been instituted and shall remain pending on
the Closing Date, or shall be threatened on the Closing Date, which challenges
the validity or legality of the transactions contemplated hereby.

      10.2 Performance; Representations of Purchaser. Purchaser shall have duly
performed or complied with, in all material respects, its or her covenants and
obligations under this Agreement to be performed or complied with prior to the
Closing and the representations and warranties of Purchaser set forth in Section
5 hereof shall be true and correct in all material respects as if made on and as
of the Closing Date (or such other date as may be explicitly stated in any
representation or warranty).

      10.3 Tender of Documents. At the Closing, Purchaser shall have paid the
Consideration and tendered to Sellers all of the documents and payments listed
in Section 11.2 below.

11. Documents Delivered and Actions Taken at the Closing.

      11.1 By Sellers. At the Closing, the Company or Sellers shall deliver or
cause to be delivered to Purchaser:

            (a) The stock certificates representing all of the Shares, duly
endorsed for transfer from such Seller, transferring to Purchaser all of the
Shares held of record by such Seller (such assignment or certificate/s/ to be
executed by such Seller) and such other endorsements, assignments, documents or
instruments executed by each of Sellers or any one of them as are necessary to
transfer and convey to Purchaser all of such Sellers' right, title and interest
in and to the Shares, as owner, free and clear of all Encumbrances.

            (b) Copies of the resolutions of the Board of Directors certified by
the Secretary or the Assistant Secretary of the Company as being correct and
complete and then in full force and effect, authorizing the execution and
delivery of this Agreement on the part of the Company, and the agreements,
assignments and instruments called for under this Agreement, and the
consummation of the transactions contemplated hereby.

            (c) A certificate from each of Sellers, certifying that, except as
otherwise provided or contemplated hereby, the representations and warranties of
such Sellers contained in Section 5 hereof are true and correct in all material
respects as if made on and as of the Closing Date (or such other date as may be
explicitly stated in any representation or warranty).

                                       16
<PAGE>

            (d) The Leakage Agreement.

            (e) Written resignations from and executed by each member of the
Board of Directors and each officer of the Company, each of such resignations to
be effective as of the Closing.

      11.2 Darryl Cornish By Purchaser. At the Closing, Purchaser shall deliver
or cause to be delivered to Sellers:

            (a) The Initial Cash Payment.

            (b) The Security Agreement, executed on behalf of Purchaser.

            (c) The Leakage Agreement.

            (d) A certificate of Purchaser, signed by a senior officer of
Purchaser, certifying that the representations and warranties of Purchaser made
herein are true and correct in all material respects as if made on and as of the
Closing Date (or such other date as may be explicitly stated in any
representation or warranty).

            (e) The U.S. License Agreement, in the form attached hereto as
Exhibit C.

            (f) The Foreign License Agreement, in the form attached hereto as
Exhibit D.

            (g) The First Stock Payment.

            (h) The Second Cash Payment.

12. Investigation. All of the representations, warranties, covenants and
agreements of any of Sellers and/or the Company, on the one hand, and Purchaser,
on the other hand, contained or incorporated herein shall remain effective in
accordance with their respective terms notwithstanding any investigation at any
time made by or on behalf of Purchaser or any of Sellers and/or the Company, as
the case may be, or of any information or facts discovered by or on behalf of
Purchaser or any of the Sellers and/or the Company (as the case may be) in
connection with such investigation. Any such investigation shall not constitute
a waiver or relinquishment on the part of any party of its, his or her rights to
rely on any of the warranties, representations, covenants and agreements of
Sellers and/or the Company or Purchaser, as the case may be, in or pursuant to
this Agreement.

13. Survival and Indemnification.

      13.1 Survival. The representations and warranties of the Company shall
terminate at the Closing. The representations and warranties of Purchaser and
Sellers shall survive the Closing.

                                       17
<PAGE>

      13.2 Indemnification.

            (a) From and after the Closing, (i) Sellers shall, only the extent
of the Escrow Amount, indemnify, defend and hold harmless Purchaser against all
losses, liabilities, costs and expenses (including reasonable attorneys fees and
court costs) (collectively, "Losses") resulting or arising from or out of (A)
any breach by the Company or Sellers of any representation or warranty of
Sellers or the Company set forth in Section 3 of this Agreement or (B) any
breach by Sellers or, prior to the Closing, by the Company of any covenant or
agreement contained herein; and (ii) each of Sellers shall (without regard to
the amount held pursuant to the Escrow Agreement but in an amount not to exceed
the consideration received by Sellers hereunder) severally indemnify, defend and
hold harmless Purchaser against all Losses resulting from or arising from or out
of any breach by such Seller of any representation or warranty of such Seller
set forth in Section 5 of this Agreement.

Any and all Losses for which Sellers are required to indemnify Purchaser
pursuant to this Section 12.2(a), shall, at Purchaser's written election, be
offset against any amount due hereunder including the Escrow Amount.

            (b) Notwithstanding anything to the contrary contained herein,
Sellers shall indemnify and defend Purchaser for any Losses resulting or arising
from or out of claims by ProLink/ParView, LLC against Company or Purchaser
relating to the sale of the Company's assets or the Shares based on actions of
the Company or Sellers prior to Closing Date.

            (c) Purchaser shall indemnify and hold harmless each of Sellers
against all Losses resulting or arising from (i) any breach by Purchaser of (A)
any representation or warranty of Purchaser contained herein or incorporated
herein by reference, or (B) any breach by Purchaser of any covenant or agreement
contained herein or (ii) any and all claims by third parties arising from or out
of the operation of the Company or any circumstances related to the Company, the
Assets or the Shares.

            (d) The foregoing indemnities of each of Sellers, on the one hand,
and of Purchaser, on the other hand, shall not apply with respect to any breach
of warranty, representation, covenant or agreement contained herein that results
in a claim by a third party, unless the party seeking indemnification (the
"Indemnitee") shall, with reasonable promptness, provide the other party(ies)
(the "Indemnitor") with copies of any claims or other documents received and
shall otherwise make available to the Indemnitor all relevant information
material to the defense of any claim against the Indemnitee which shall serve as
the basis for a claim by the Indemnitee pursuant to the terms hereof. The
Indemnitor shall have thirty (30) days (or such shorter period as may be
necessitated by the exigencies of such claim) within which to elect to defend
such claim at his, her or its own expense and with counsel of his, her or its
own choosing (who shall be reasonably acceptable to Indemnitee and who shall not
have a conflict of interest as between Purchaser or the Company (after the
Closing), on the one hand, and either of Sellers, on the other hand) provided
that the Indemnitee shall have the right at all times to fully participate in
the defense thereof at his, her or its own expense. If the Indemnitor shall,
within such 30-day (or shorter) period, fail to defend such claim with counsel
reasonably acceptable to Indemnitee who does not have a conflict of interest,
the Indemnitee shall have the right, but not the obligation, to undertake the
defense of such claim, and to settle or compromise the same for the account, and
at the risk and expense of Indemnitor. Except as provided in the preceding
sentence, neither the Indemnitee nor the Indemnitor may settle or compromise any
claim without the prior written consent of the Indemnitor or the Indemnitee, as
the case may be, which consent shall not be unreasonably withheld unless the
settlement involves only the payment of money and as part of the settlement the
Indemnitee obtains an unconditional release. The Indemnitee's failure to give
prompt notice or to provide copies of documents or to furnish relevant
information shall not constitute a defense (in part or in whole) to any claim by
the Indemnitee against the Indemnitor, except and only to the extent that such
failure by the Indemnitee shall result in material prejudice to the Indemnitor.

                                       18
<PAGE>

            (e) Notwithstanding anything to the contrary contained in this
Section 13.2, the amount of Losses for purposes of indemnification hereunder
shall be determined net of any and all amounts actually recovered by the
Indemnitee, the Company or any successor thereto under insurance policies with
respect to such Losses which are in effect as of immediately prior to the
Closing and any Loss incurred by the Company after the Closing shall be deemed
to incurred by Purchaser. Purchaser and the Company (after the Closing) shall
cooperate with Sellers and shall use their reasonable efforts to collect any and
all amounts that may be available under any insurance policies in payment of or
towards such Losses.

            (f) The indemnification provided in this Section 13.2 shall be the
sole and exclusive remedy for Losses arising from breaches of representations or
warranties made herein by any Indemnitor.

      13.3 Cooperation; Indemnification of Sellers. In the event that Sellers
are required to defend against, or desire to prosecute, any action, claim, suit
or other proceeding arising out of a claim pertaining to business or operations
of the Company prior to the Closing Date, Purchaser shall provide to Sellers
such assistance and cooperation, including without limitation, witnesses and
documentary or other evidence that Purchaser may have and as may be reasonably
requested by Sellers. In the event that Purchaser is required to defend against,
or desire to prosecute, any action, claim, suit or other Proceeding arising out
of a claim pertaining to business or operations of the Company prior to the
Closing Date, Sellers shall provide such assistance and cooperation, including
without limitation, witnesses and documentary or other evidence that Sellers may
have and as may be reasonably requested by Purchaser. From and after the
Closing, Purchaser shall indemnify, defend and hold harmless Sellers and each of
the persons who served as officers or directors of the Company from any and all
third party claims for which persons would have been entitled to indemnification
by law or pursuant to the terms of the charter documents of the Company as in
effect at any time prior to the Closing.

                                       19
<PAGE>

14. Termination of Agreement; Risk of Loss.

            14.1 Termination This Agreement may be terminated at any time prior
to the Closing:

            (a) By mutual written consent of Purchaser, Sellers and the Company.

            (b) By Purchaser, without prejudice to any other rights or remedies
Purchaser may have, (i) at any time prior to the Closing, if Sellers or the
Company shall have failed to comply with any of its covenants or obligations
contained in, or contemplated by, this Agreement or if any one or more of the
representations or warranties of Sellers or the Company contained in, or
incorporated by reference into, this Agreement or in any document delivered
pursuant hereto shall not be true and correct (unless the default by Seller or
the Company of such covenant or obligation is cured or the breach of such
representations or warranty is cured, if the same are curable, on or before the
earlier of the tenth (10th) day following delivery of such notice of default or
breach or the Closing Date) or (ii) immediately prior to the Closing, if
Purchaser shall not have received, in a timely manner, any of the items to be
delivered to it pursuant to this Agreement in form and substance reasonably
satisfactory to it and its counsel or if any of the conditions specified in
Section 14.1 have not been satisfied; or (iii) at any time prior to the Closing,
if the Closing shall not have occurred by November 19, 2004 provided that
Purchaser is not then in default hereunder.

            (c) By Sellers and/or the Company, without prejudice to any other
rights or remedies Sellers and/or the Company may have, (i) at any time prior to
the Closing, if Purchaser has failed to comply with any of its or her covenants
or obligations contained in, or contemplated by, this Agreement or if any one or
more of the representations or warranties of Purchaser contained in, or
incorporated by reference into, this Agreement or in any document delivered
pursuant hereto shall not be materially true and correct (unless the default by
Purchaser is cured, or the breach of such representations or warranties is
cured, if the same is curable on or before the earlier of the tenth (10th) day
following delivery of written notice of such default or breach or the Closing
Date); or (ii) immediately prior to the Closing, if Sellers or the Company shall
not have received, in a timely manner, any of the items to be delivered to it
pursuant to this Agreement in form and substance reasonably satisfactory to it
and its counsel or if any of the conditions specified in Section 14.1 have not
been satisfied; or (iii) at any time prior to the Closing, if the Closing shall
not have occurred by November 19, 2004 provided that none of Sellers nor the
Company is then in default hereunder.

      14.2 Risk of Loss. Purchaser shall take possession of the Shares at the
Closing on the Closing Date herein. Purchaser shall not acquire any title to or
property rights in the Shares or the Company (or indirectly, through the Company
or otherwise, the Assets) unless and until title to the Shares has passed to
Purchaser in accordance with this Agreement and, accordingly, all risk of loss
with respect to the Assets shall be borne by the Company and Sellers until title
to the Shares has passed to Purchaser.

                                       20
<PAGE>

15.      Miscellaneous.

      15.1 Brokerage Fees. Sellers, jointly and severally, shall be exclusively
liable for any brokerage fees or commission due to any broker, finder or
investment banker engaged by the Company or any of Sellers. Purchaser shall be
exclusively liable for any brokerage fees or commissions due to any broker,
finder or investment banker engaged by it. Sellers (jointly and severally), on
the one hand, and Purchaser, on the other hand, shall indemnify and hold
harmless the other/s/ against any claim for brokerage fees or commissions
(including all expenses and attorneys' fees) which may be asserted against such
party by any broker, finder or investment broker alleged to have been retained
by the Company or any of Sellers, on the one hand, or by Purchaser, on the other
hand.

      15.2 Waivers. Any party may waive any default by any other party or the
failure to fulfill any of the conditions to its obligations. Any waiver must be
in writing.

      15.3 Notices. All notices and other communications under this Agreement
shall be in writing and shall be deemed to have been duly given only if done in
one or more of the following ways: (i) on the day of delivery if delivered
personally, (ii) two days after the date of mailing if mailed by registered or
certified first class mail, postage prepaid, (iii) the next business day
following deposit with an overnight air courier service which guarantees next
day delivery, or (iv) when sent by facsimile (with a copy simultaneously sent by
registered or certified mail return receipt requested), to the other party at
the following address (or to such person or persons or such other address or
addresses as a party may specify by notice pursuant to this provision):

                      (a) If to Purchaser, to:

                           GPS Industries, Inc.
                           Suite 214, 5500 - 152nd Street
                           V3S 8E7
                           Attention: Robert C. Silzer, Sr.
                           Facsimile: 604-576-7460

                           With a copy to:

                           Loeb & Loeb, LLP
                           10100 Santa Monica Boulevard, Suite 2200
                           Los Angeles, CA 90067
                           Attention:  David L. Ficksman, Esq.
                           Facsimile:  (310) 282-2200

                       (b) If to Company, to:

                           Chad Huston
                           700 Lavaca St., Suite 720
                           Austin, TX  78701

                           With a copy to:

                           Strasburger & Price, LLP
                           600 Congress Avenue
                           Suite 1600
                           Austin, TX  78701
                           Attention: Spencer W. Stevens, Esq.
                           Facsimile: 512.499.3660

                                       21
<PAGE>

      15.4 Amendments. This Agreement may be amended, supplemented or modified
by a writing signed by the appropriate officers of Purchaser, on the one hand,
and Sellers and the appropriate officers of the Company, on the other hand.

      15.5 Expenses. Subject to Section 14.1 above and the indemnification
otherwise provided for in this Agreement, Purchaser, on the one hand, and the
Company and each of Sellers, on the other hand, shall bear its, his or her own
expenses in connection with this Agreement and the transactions to effectuate
this Agreement, including, without limitation, financial advisors', attorneys'
and accountants' fees. Any sales or use tax and any applicable transfer taxes
(other than income or franchise tax) arising from or out of the transactions
contemplated by this Agreement shall be borne by Purchaser.

      15.6 Entire Agreement; No Electronic Writing. This Agreement contains the
entire agreement and understanding of the parties and may not be amended except
by a written agreement signed by each of the parties hereto. This Agreement
supersedes any and all other prior or contemporaneous understandings. No
electronic record or electronic signature (other than telephonic facsimile)
shall be deemed to be a writing so as to satisfy any requirement under this
Agreement that any agreement, waiver, amendment, notice or other instrument
under or pursuant hereto be in writing.

      15.7 Governing Law. This Agreement shall be governed by and interpreted in
accordance with the procedural and substantive laws of the State of Texas
applicable to agreements made and to be performed in the State of Texas.

      15.8 Section and Paragraph Headings. The section and paragraph headings
contained in this Agreement are for reference purposes only and shall not affect
in any way the meaning or interpretation of this Agreement.

      15.9 Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

      15.10 Parties in Interests. Nothing contained in this agreement, express
or implied, is intended to confer upon any person or entity, other than the
parties hereto and their permitted assignees, any rights or remedies under or by
reason of this Agreement. No assignment of this Agreement or any rights
hereunder by any party shall be given any effect without the prior written
consent of the other party. Subject to the preceding sentences, this Agreement
shall inure to the benefit of, and be binding upon, the parties hereto and their
respective successors and assigns.

                                       22
<PAGE>

      15.11 Definition of Knowledge and Business Day. For purposes of Sections 4
and 5 of this Agreement, the term "knowledge" as applied to the Company or
Sellers shall mean any and all information which was actually known by the
applicable party or should have been known by Sellers For purposes of Section 6
of this Agreement, the term "knowledge" as applied to Purchaser shall mean any
and all information which was actually known or should have been known by any of
the executive officers of Purchaser including without limitation those persons
signatory to the reports described in Section 5.10 hereof. The term "Business
Day" as used in this Agreement shall mean a day (i) other than a Saturday or
Sunday and (ii) on which commercial banks are open for business in Austin,
Texas.

                                       23
<PAGE>

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

                                   "PURCHASER"

                                   GPS INDUSTRIES, INC.

                                   By: /s/ Robert S. Silzer, Sr.,
                                      ------------------------------------------
                                      Robert S. Silzer, Sr., President

                                   "SELLERS"

                                   /s/ Charles Huston
                                   ---------------------------------------------
                                   Charles Huston

                                   /s/ Darryl Cornish
                                   ---------------------------------------------
                                   Darryl Cornish

                                   OPTIMAL GOLF SOLUTIONS, INC.

                                   By: /s/ Darryl Cornish
                                      ------------------------------------------
                                      Authorized Officer

                                       24
<PAGE>

                             PURCHASER'S CERTIFICATE

         Pursuant to Section 11.2(d) of that certain Stock Purchase Agreement,
dated as of November 19, 2004 (the "Purchase Agreement") by and among Optimal
Golf Solutions, Inc., a Texas corporation (the "Company"), and Darryl Cornish
("Cornish"), Charles Huston ("Huston") (collectively, Cornish and Huston are
referred to as "Sellers"), on the one hand, and GPS Industries, Inc., a Nevada
corporation (the "Purchaser") on the other hand, the undersigned hereby certify
as follows:

                  The representations and warranties of the Purchaser in Section
                  6 of the Purchase Agreement are true and correct in all
                  material respects at and as of the date hereof (except as to
                  any changes resulting from transactions expressly reflected in
                  the Purchase Agreement or contemplated thereby).

         Capitalized terms used herein without definition have the respective
meanings assigned to them in the Purchase Agreement.

         IN WITNESS HEREOF, the undersigned have executed this certificate as of
November 19, 2004.

                                          GPS INDUSTRIES, INC.

                                          By:  /s/ Robert C. Silzer, Sr.
                                          ------------------------------
                                               Robert C. Silzer, Sr.
                                               President & CEO
                                               GPS Industries, Inc.

<PAGE>

                              SELLERS' CERTIFICATE

Pursuant to Section 11.1(c) of that certain Stock Purchase Agreement, dated as
of November 19, 2004 (the "Purchase Agreement") by and among Optimal Golf
Solutions, Inc., a Texas corporation (the "Company"), and Darryl Cornish
("Cornish"), Charles Huston ("Huston") (collectively, Cornish and Huston are
referred to as "Sellers"), on the one hand, and GPS Industries, Inc., a Nevada
corporation on the other hand, the undersigned hereby certify as follows:

                  The presentations and warranties of the Sellers in Section 5
                  of the Purchase Agreement are true and correct in all material
                  respects at and as of the date hereof (except as to any
                  changes resulting from transactions expressly reflected in the
                  Purchase Agreement or contemplated thereby).

Capitalized terms used herein without definition have the respective meanings
assigned to them in the Purchase Agreement.

IN WITNESS HEREOF, the undersigned have executed this certificate as of November
19, 2004.

                                 /s/ Darryl Cornish
                                 ---------------------------
                                 Darryl Cornish

                                 /s/  Charles Huston
                                 ---------------------------
                                 Charles Huston

<PAGE>

                          OPTIMAL GOLF SOLUTIONS, INC.

                             SECRETARY'S CERTIFICATE

         Pursuant to Section 11.1(b) of that certain Stock Purchase Agreement,
dated as of November 19, 2004 (the "Purchase Agreement") by and among Optimal
Golf Solutions, Inc., a Texas corporation (the "Company"), and Darryl Cornish
("Cornish"), Charles Huston ("Huston") (collectively, Cornish and Huston are
referred to as "Sellers"), on the one hand, and GPS Industries, Inc., a Nevada
corporation on the other hand, the undersigned hereby certify as follows:

1. I am the secretary of the Company and as such, I am authorized to execute and
deliver this Certificate on behalf of the Company.

2. Attached hereto as Exhibit A are true and correct copies of the resolutions
of the Board of Directors of the Company authorizing the execution, delivery and
performance of the Purchase Agreement and the consummation of the transactions
contemplated thereby and such resolutions were duly adopted by unanimous written
consent of the Board of Directors on November 19, 2004.

3. The following persons are on this date duly elected, qualified and acting
officers of the Company, each holding the office or offices set forth opposite
such person's name. Also set forth opposite the name of each officer is a
genuine specimen of the signature of such officer.

         Name                         Title                Signature
         ----                         -----                ---------
         Greg Hadley                  President            /s/ Greg Hadley
                                                           ---------------------
         Darryl Cornish               Secretary            /s/ Darryl Cornish
                                                           ---------------------

         Capitalized terms used herein without definition have the respective
meanings assigned to them in the Purchase Agreement.

         IN WITNESS WHEREOF, the undersigned has executed this certificate on
behalf of the Company as of November 19, 2004.

                                                     /s/ Darryl Cornish Darryl
                                                     Cornish Secretary of
                                                     Optimal Golf Solutions,
                                                     Inc.

<PAGE>

                                    Exhibit A

                               Purchase Agreement

<PAGE>

                                  Schedule 4.3

                                    Consents

None.

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.4

                              Financial Information
                       (Balance Sheet and Income Statement
                        as of and for Year Ended 12.31.03
                         and Ten Months Ended 10.31.04)

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.5

                          Absence of Changes or Events

ProLink/ParView, Inc. has indicated to third parties that it won't pay its
obligations under the license agreement with the Company in the event of this
transaction.

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.7

                                      Taxes

Up to $100,000.00 Estimated Federal Income Tax Liability for 2004 taxes.
Purchaser shall, within 21 days of the Closing Date, determine if it is possible
for it to utilize its existing net operating losses ("NOL"s)to offset the
Company's corporate tax liability and shall notify Sellers the results of its
investigation. If it is not possible (under the tax laws) for Purchaser to
utilize its NOLs, then such tax liability will be reimbursed to Purchaser by
Sellers out of the Escrow Amount, if any.

State of Texas franchise taxes due on income earned by the Company after January
1, 2004.

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.8

                                     Assets

Name of Account                                                Account Number
---------------------------                                    ---------------

Chase Money Market Account                                     0998-1725-5365

Money Market Account                                           0998-1753-2465

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.10

                                  Real Property

None.

Execution Copy

<PAGE>

                                  Schedule 4.11

                               Proprietary Rights

U.S. Patent No. 5,364,093

Tradename: Optimal Golf Solutions

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.12

                                    Insurance

None.

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.13

                               Material Contracts

1. Final Settlement Agreement and Mutual Release - Nov. 9, 1998 (Optimal &
ProShot Golf, Inc.)

2. Nonexclusive License Agreement (Optimal & ProShot Golf, Inc.)

3. Settlement Agreement and Release - April 2002 (Optimal & Prolink, Inc.)

4. License Agreement - April 2002 (Optimal & Prolink, Inc.)

5. Option Agreement - April 2002 (Optimal & Prolink, Inc.)

6. Settlement Agreement - March 4, 2004 (Optimal & UpLink Corporation)

7. Nonexclusive License Agreement - March 4, 2004 (Optimal & UpLink Corporation)

8. Contingent Contracts with Attorneys Ted Pollasek and Ed Goldstein (Pollasek
and Goldstein referred to herein as "Contingent Attorneys")*

9. Nonexclusive License Agreement (Optimal & SatComGolf)

10. Nonexclusive License Agreement (Optimal & ProLink/ParView, Inc.)

*The amounts paid to the Contingent Attorneys, if any, by Purchaser after the
Closing Date, will be reimbursed by Sellers from the Escrow Amount, if any.

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.14

                                   Litigation

PPL Issue (as that term is defined in the Stock Purchase Agreement).

                                                                  Execution Copy
<PAGE>

                                  Schedule 4.19

                                  Indebtedness

Promissory Note to Charles D. Huston ($2,806.00)

Promissory Note to Darryl J. Cornish ($250.00)

                                                                  Execution Copy

<PAGE>

                                  Schedule 4.20

                           No Undisclosed Liabilities

1. Accounting Fees

2. Legal Fees

                                                                  Execution Copy

<PAGE>

                                LIST OF EXHIBITS

Exhibit A                           Form of Leakage Agreement
Exhibit B                           Form of Security Agreement
Exhibit C                           Form of U.S. License Agreement
Exhibit D                           Form of Foreign License Agreement

                                       25
<PAGE>
                                   Exhibit A

                       [GPS Industries, Inc. - Letterhead]

                                November 19, 2004

To the Persons Set Forth
       on  Schedule  A Hereto

         Re:      Leakage Agreement

Gentlemen:

         Reference is made to that certain Stock Purchase Agreement (the
"Purchase Agreement"), dated as of November 19, 2004, by and among Optimal Golf
Solutions, Inc., a Texas corporation (the "Company"), and Charles Huston
("Huston"), Darryl Cornish ("Cornish") (collectively, Huston and Cornish are
referred to as the "Shareholders") and GPS Industries, Inc., a Nevada
corporation ("GPS"), pursuant to which the Shareholders sold all of their
capital stock in the Company (the "Optimal Shares") to GPS for cash and shares
of the common stock of GPS (the "GPS Shares").

         In connection with the purchase of the Optimal Shares, GPS has agreed
to file a registration statement ("Registration Statement") covering the resale
of the GPS Shares.

         In light of the foregoing transactions, GPS has determined that the
prospect of sales of the GPS Shares held by the Shareholders within 360 trading
days the date of the Registration Statement is declared effective by the
Securities and Exchange Commission could be detrimental to GPS. Therefore, GPS
has requested that, except as set forth herein, the Shareholders agree not to
sell GPS Shares until the expiration of the Lock-Up Period. For purposes of this
letter agreement, the term "Lock-Up Period" shall mean the period beginning with
the date the Registration Statement becomes effective and ending on the date
that is 360 consecutive trading days later.

         The undersigned recognizes that the Common Stock is, or may be, subject
to certain restrictions on its transferability, including those imposed by
federal and state securities laws. Notwithstanding these restrictions, the
Shareholders have agreed to enter into this letter agreement to further assure
certain of the shares of Common Stock, now held by the Shareholders, will not
enter the public market.

         The Shareholders, therefore, hereby acknowledge and agree that except
as provided herein the Shareholders will not, directly or indirectly, without
the prior written consent of GPS, sell, offer, contract to sell, pledge, grant
any option to purchase or otherwise dispose (collectively, a "Disposition") the
shares of Common Stock set forth on Schedule A attached hereto (the "Lock-Up
Shares), at any time during the Lock-Up Period. The foregoing restriction is
expressly agreed to preclude, among other Dispositions, the holder of Lock-Up
Shares from engaging in any hedging or other transaction which is designed to or
<PAGE>

reasonably expected to lead to or result in a Disposition of Lock-Up Shares
during the Lock-Up Period, even if such Lock-Up Shares would be disposed of by
someone other than such holder. Such prohibited hedging or other transactions
would include, without limitation, any short sale (whether or not against the
box) or any purchase, sale or grant of any right (including, without limitation,
any put or call option) with respect to any Lock-Up Shares or with respect to
any security (other than a broad-based market basket or index) that includes,
relates to or derives any significant part of its value from the Lock-Up Shares.
Notwithstanding the foregoing during the Lock-Up Period, the Shareholder's in
the aggregate shall be permitted to Dispose of such Shareholder's Lock-Up Shares
subject to the following: (i) during any three-month period not more than the
greater of 2% of the outstanding shares of GPS's common stock, or (ii) not more
than 8% of the daily trading volume on any one particular day using the average
of the previous three trading days.

         Notwithstanding the foregoing, the Shareholders may transfer the
Lock-Up Shares (i) as a bona fide gift or gifts, (ii) as a distribution to
limited partners or shareholders of such person; provided, however, that in any
such case it shall be a condition to the transfer that the transferee execute an
agreement stating that the transferee is receiving and holding the Lock-Up
Shares subject to the provisions of this letter agreement. Any transferor
transferring pursuant to subsections (i) or (ii) above shall notify GPS in
writing prior to the transfer. There shall be no further transfer of such
Lock-Up Shares except in accordance with this letter agreement.

         In the event the Shareholders do not comply with the terms of this
letter agreement, they also agree and consent to the entry of stop transfer
instructions with GPS' transfer agent against the transfer of any Lock-Up
Shares. Further, the transfer agent shall deliver a consent in writing to GPS,
confirming its obligation to notify GPS in writing upon each removal of the stop
transfer instructions.

                                  * * * * * * *

                  [Remainder of Page Intentionally Left Blank]

                                       2
<PAGE>

                    Executed this 19th day of November, 2004.

                                     Very truly yours,

                                     GPS Industries, Inc.

                                     By: /s/ Bob Silzer
                                         ---------------------------------------
                                         Name: Bob Silzer
                                         ---------------------------------------
                                         Title:     President and CEO

                                     ACCEPTED AND AGREED:

                                     "SHAREHOLDERS"

                                     /s/Darryl Cornish
                                     -------------------------------------------
                                     Darryl Cornish

                                     /s/ Chad Huston
                                     -------------------------------------------
                                     Chad Huston

                                       3
<PAGE>

                                   Schedule A

NAME                                                     TOTAL NUMBER OF LOCK-UP
                                                                         SHARES
Darryl Cornish

Chad Huston

<PAGE>

                                   Exhibit B

                               SECURITY AGREEMENT

         This Security  Agreement (this  "Agreement") is made as of November 19,
2004,  by and among GPS  Industries,  Inc.,  a  Delaware  corporation  ("GPSI"),
Optimal Golf Solutions,  Inc., a Texas  corporation  ("Optimal")  (collectively,
GPSI and Optimal are  hereinafter  referred to as "Grantor")  and Darryl Cornish
("Cornish")  and Chad Huston  ("Huston")  (collectively,  Cornish and Huston are
hereinafter referred to as "Secured Party").

                                    RECITALS

         A.  Pursuant to that  certain  Stock  Purchase  Agreement  of even date
herewith (the  "Purchase  Agreement"),  among GPSI,  as  purchaser,  and Secured
Party,  as seller,  and Optimal,  Secured  Party has agreed to sell all of their
shares in Optimal, whose primary assets are certain patents and licenses related
thereto.  All capitalized  terms used herein without  definition  shall have the
meanings ascribed to them in the Purchase Agreement.

         B.  Secured  Party is willing to sell all of their shares in Optimal to
GPSI,  but only upon the  condition,  among others,  that GRANTOR shall grant to
Secured Party a security interest in the Collateral (defined below).

         NOW, THEREFORE, THE PARTIES HERETO AGREE AS FOLLOWS:

         1. Grant of Security Interest. For good and valuable consideration, the
receipt  and  sufficiency  of which  are  hereby  acknowledged,  GRANTOR  hereby
transfers,  assigns,  and  conveys to  Secured  Party,  and grants a  continuing
security  interest  and  mortgage  to  Secured  Party,  as  security,  in and to
GRANTOR's  entire  right,  title and  interest  in,  to and under the  following
property,  now owned or  hereafter  acquired by GRANTOR or in which  GRANTOR now
holds or hereafter  acquires any interest  (all of which shall  collectively  be
called the "Collateral" for purposes of this Agreement):

                  (a) All letters patent of, or rights corresponding thereto in,
the  United  States or any  other  country,  all  registrations  and  recordings
thereof,  and all  applications  for letters patent of, or rights  corresponding
thereto  in,  the  United  States  or  any  other  country,  including,  without
limitation,  registrations,  recordings  and  applications  in the United States
Patent and  Trademark  Office or in any  similar  office or agency of the United
States,  any State thereof or any other  country;  all reissues,  continuations,
continuations-in-part  or extensions  thereof and all patents to be issued under
any such applications set forth on Exhibit A attached hereto (collectively,  the
"Patents");

                  (b) Any and all claims for damages by way of past, present and
future infringement of any of the rights included above, with the right, but not
the obligation, to sue for and collect such damages for said use or infringement
of the Patents identified above;

                  (c) All licenses or other rights to use any of the Patents and
all license fees and royalties  arising from such use to the extent permitted by
such license or rights,  including without  limitation the licenses set forth on
Exhibit B attached hereto (collectively, the "Licenses"); and

                  (d) All  proceeds  and  products of the  foregoing,  including
without  limitation  all payments  under  insurance or any indemnity or warranty
payable in respect of any of the foregoing.

<PAGE>

         Notwithstanding  the foregoing the term "Collateral"  shall not include
any contract,  instrument or chattel paper in which GRANTOR has any right, title
or interest  if and to the extent such  contract,  instrument  or chattel  paper
includes a  provision  containing  a  restriction  on  assignment  such that the
creation  of a security  interest  in the right,  title or  interest  of GRANTOR
therein would be prohibited  and would,  in and of itself,  cause or result in a
default thereunder enabling another person party to such contract, instrument or
chattel  paper to enforce any remedy with respect  thereto;  provided,  however,
that the foregoing  exclusion  shall not apply if (i) such  prohibition has been
waived or such other person has otherwise consented to the creation hereunder of
a security interest in such contract,  instrument or chattel paper, or (ii) such
prohibition  would be rendered  ineffective  pursuant  to  Sections  9-407(a) or
9-408(a)  of Article 9 of the UCC,  as  applicable  and as then in effect in any
relevant  jurisdiction,  or any other  applicable  law (including the Bankruptcy
Code) or  principles  of equity);  provided  further that  immediately  upon the
ineffectiveness,   lapse  or  termination  of  any  such  provision,   the  term
"Collateral"  shall  include,  and  GRANTOR  shall be deemed  to have  granted a
security  interest  in,  all its  rights,  title  and  interests  in and to such
contract,  instrument  or chattel  paper as if such  provision had never been in
effect;  and provided  further that the foregoing  exclusion  shall in no way be
construed  so  as  to  limit,   impair  or  otherwise   affect  Secured  Party's
unconditional  continuing  security  interest  in and to all  rights,  title and
interests of GRANTOR in or to any payment obligations or other rights to receive
monies due or to become due under any such contract, instrument or chattel paper
and in any such  monies  and other  proceeds  of such  contract,  instrument  or
chattel paper.

         2.  Secured  Obligations.   The  security  interests  granted  by  this
Agreement (the "Security  Interests")  constitute  continuing security to secure
payment  and  performance  of  all of  Grantor's  agreements,  liabilities,  and
obligations to Secured Party under this Agreement and the Purchase Agreement.

         3. Priority of Security  Interest.  The Security  Interest  created and
granted  under this  Agreement  will be superior  to any and all other  security
interests in the Collateral and will not be subordinated to any interest for any
reason.

         4. Covenants and Warranties.  GRANTOR represents,  warrants,  covenants
and agrees as follows:

                  (a) GPSI or its  wholly  owned  subsidiary  Optimal is now the
sole owner of the  Collateral,  except  for  non-exclusive  licenses  granted by
GRANTOR to its  customers in the ordinary  course of business or the Licenses of
Exhibit B;

                  (b)  GRANTOR  shall  promptly  advise  Secured  Party  of  any
material change in the composition of the Collateral, including, but not limited
to, any subsequent  license under,  or transfer or encumbrance  of, the Patents,
except for licenses granted to customers in the ordinary course of business.

                  (c) Except as may  otherwise  be provided  for in the Purchase
Agreement,  GRANTOR  shall use  reasonable  commercial  efforts to (i)  protect,
defend and maintain the validity and  enforceability  of the Patents (ii) detect
infringements  of the Patents and promptly  advise  Secured  Party in writing of
material infringements detected and (iii) not allow any Patents to be abandoned,
forfeited  or  dedicated  to the public  without the written  consent of Secured
Party, which consent shall not be unreasonably withheld;

                  (d)  GRANTOR  shall,  or cause  its  wholly  owned  subsidiary
Optimal  to  undertake,   from  time  to  time,  execute  and  file  such  other
instruments,  and take such  further  actions  as Secured  Party may  reasonably
request  from time to time to  perfect or  continue  the  perfection  of Secured
Party's  interest in the Collateral.  GRANTOR shall give Secured Party notice of
all such applications or registrations; and

                                       2
<PAGE>

                  (e)  GRANTOR  shall not enter  into any  agreement  that would
materially  impair or conflict  with  GRANTOR's  obligations  hereunder  without
Secured Party's prior written  consent,  which consent shall not be unreasonably
withheld.

                  (f) GRANTOR  shall,  at its expense,  defend  Secured  Party's
right,  title and security interest in and to the Collateral  against the claims
of any person or entity.

                  (g) Notwithstanding  anything herein to the contrary,  Grantor
may (a)  transfer  or assign the  Collateral  provided  that the  transferee  or
assignee takes subject to the security  interest granted herein and agrees to be
bound by the terms of this  Agreement  and (b) grant a security  interest in the
Collateral  provided that such security  interest is subordinate  and subject to
the security interest of Secured Party granted herein.

         5. Further Assurances; Attorney in Fact.

                  (a)  On  a  continuing  basis,  GRANTOR  will  make,  execute,
acknowledge and deliver,  and file and record in the proper filing and recording
places  in the  United  States,  all  such  instruments,  including  appropriate
financing and continuation statements and collateral agreements and filings with
the United  States  Patent  and  Trademark  Office  and states as Secured  Party
designates,  and take all such action as may  reasonably be deemed  necessary or
advisable,  or as  reasonably  requested by Secured  Party,  to perfect  Secured
Party's  security  interest in all  Collateral  and  otherwise  to carry out the
intent and purposes of this Agreement, or for assuring and confirming to Secured
Party the grant or perfection of a security interest in all Collateral.

                  (b)  GRANTOR  hereby  irrevocably  appoints  Secured  Party as
GRANTOR's  attorney-in-fact,  with  full  authority  in the  place  and stead of
GRANTOR  and in the  name of  GRANTOR,  from  time to  time in  Secured  Party's
discretion, to take any action and to execute any instrument which Secured Party
may deem  necessary or advisable to accomplish  the purposes of this  Agreement,
including  (i) to  file,  in its  sole  discretion,  one or  more  financing  or
continuation  statements  and  amendments  thereto,   relative  to  any  of  the
Collateral  without the  signature of GRANTOR  where  permitted by law, and (ii)
after the occurrence of an Event of Default, to transfer the Collateral into the
name of Secured Party or a third party to the extent  permitted  under the Texas
Business and Commerce Code.

         6. Events of Default.  The  occurrence  of any of the  following  shall
constitute an Event of Default under this Agreement:

                  (a)  GRANTOR's  failure to pay timely any amount due under the
Purchase  Agreement  (whether by scheduled  maturity,  acceleration,  demand, or
otherwise);

                  (b) GRANTOR's failure to timely keep,  observe, or perform any
obligation,  covenant,  term,  or  provision  contained  or  referred to in this
Agreement or the Purchase Agreement;

                  (c) The levy of an attachment,  execution,  or similar process
against any of the Collateral;

                  (d)  Any  assignment  for  the  benefit  of the  creditors  of
GRANTOR,  or the commencement of any bankruptcy or insolvency  proceedings by or
against GRANTOR;

                  (e) Any warranty or  representation  contained in the Purchase
Agreement proves to be, or has been, false or misleading in any material respect
when made or at any time thereafter; and

                                       3
<PAGE>

                  (f) A default occurs under the Purchase Agreement.

         7. Application of Payments and Proceeds. After an Event of Default, all
payments  received  by  Secured  Party  under the terms and  conditions  of this
Agreement shall be applied (after deduction of all reasonable costs and expenses
to preserve and enforce the obligations, indebtedness and liabilities secured by
this Agreement,  as well as to maintain and preserve the  Collateral,  including
reasonable  attorney's fees) against  indebtedness,  liabilities,  duties and/or
obligations  secured hereby,  but the order of such application shall be, to the
extent allowed by law, at the discretion of Secured Party.

         8. Release of Claims.  GRANTOR  releases  Secured Party from all claims
for loss or damages  caused by any failure to collect  any moneys or  properties
due GRANTOR by reason of GRANTOR's interest in the Collateral, or to enforce any
rights which GRANTOR may have by reason of GRANTOR's interest in the Collateral,
or by any act or omission on the part of Secured Party, its agents or employees.

         9. No  Estoppel  or  Waiver;  Applicable  Law.  The delay or failure of
Secured Party to enforce any of the terms and provisions hereof, or its delay or
failure  to declare a default  hereunder,  shall  apply only in that  particular
instance and shall not operate as an estoppel or continuing  waiver. The laws of
the State of Texas  shall  govern the  construction  of this  Agreement  and the
rights and  duties of the  parties  hereunder  with  respect to all  liabilities
hereunder and all collateral therefore.

         10.  Actions Not Affecting  Indebtedness  or  Collateral.  The Security
Interests  shall not be affected by or affect any other  security  taken for any
indebtedness, obligation, duty or liability hereby secured, or any part thereof,
and  any  extensions  may be  made  of any  such  indebtedness,  obligation,  or
liability  without  affecting  the  priority of the  Security  Interests  or the
validity  thereof with reference to any third party;  and the holder of any such
indebtedness,  obligation,  or liability shall not be limited by any election of
remedies if such holder  chooses to foreclose  any of the Security  Interests by
court proceedings. No renewal,  extension,  rearrangement or modification of any
indebtedness, no release of GRANTOR as to all or any of the indebtedness, and no
delay or omission  in  exercising  any right or power  hereto will in any manner
impair or affect the Secured Party's rights hereunder.

         11. Invalid Provisions.  If any provision hereof shall, for any reason,
be held invalid or unenforceable,  such invalidity or unenforceability shall not
affect  any other  provision  hereof,  but the  indebtedness,  liabilities,  and
obligations  secured  hereby and this  Agreement,  shall be construed as if such
invalid or  unenforceable  provision had never been contained  herein.  Any such
invalid or unenforceable provision shall be replaced with a provision as similar
in terms to such invalid or  unenforceable  provision as possible,  and be valid
and enforceable.

         12.  No  Assumption.  Secured  Party  is  not,  by the  taking  of this
Agreement,  assuming or agreeing to assume any  obligation  or  liability on the
part of  Debtor,  nor shall any  subsequent  foreclosure  on the part of Secured
Party of the security interest created hereby constitute, or be construed to be,
an  assumption  by  either  Secured  Party,  or  any  purchaser  of  any  of the
Collateral,  of any obligation or liability on the part of Debtors,  whether now
existing or hereafter arising.

         13. Control After Default. Upon an Event of Default, Secured Party may,
in its sole  discretion,  have full control of the  Collateral.  Secured Party's
control  of the  Collateral  shall  include,  without  limitation,  the right to
foreclose  the  security  interests  securing  payment  of the  indebtedness  in
accordance with this Agreement.

         14.  Amendments.  This  Agreement  may be  amended  only  by a  written
instrument signed by both parties hereto.

                                       4
<PAGE>

         15.  Parties  Bound.  "Secured  Party" and  "GRANTOR,"  as used in this
Agreement, include any successor, representative,  receiver, trustee, custodian,
or assign of any of such parties.

         16. Captions. The part and section captions appearing in this Agreement
are for  convenience  only  and will not be given  any  substantive  meaning  or
significance whatever in construing the terms and provisions of this Agreement.

         17.  Counterparts.  This  Agreement  may be  executed  in  two or  more
counterparts,  each of  which  shall  be  deemed  an  original  but all of which
together shall constitute the same instrument.

                                  * * * * * * *

    [Remainder of this page intentionally left blank; signature pages follow]

                                       5
<PAGE>

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

                                               GPSI:

Address of GPSI:                               GPS Industries, Inc.

Suite 214, 5500-152nd Street                   By: /s/ Robert C. Silzer, Sr.
Surrey, BC, Canada V3S 5J9                         --------------------------
Attn: Chief Executive Officer                  Name:   Robert C. Silzer, Sr.
                                               Its:    President and CEO

                                               Optimal:

Address of Optimal:                            Optimal Golf Solutions, Inc.

Suite 214, 5500-152nd Street                   By: /s/ Robert C. Silzer, Sr.
Surrey, BC, Canada V3S 5J9                         --------------------------
Attn: Chief Executive Officer                  Name:   Robert C. Silzer, Sr.
                                               Its:    President and CEO

                                               SECURED PARTY:

Address of Secured Party:                      Darryl Cornish

8017 Davis Mountain Pass                       /s/ Darryl Cornish
Austin, TX 78726                               ------------------------------
                                               Darryl Cornish

                                               Chad Huston

Daffer McDaniel LLP                            /s/ Chad Huston
700 Lavaca, Ste 720                            ------------------------------
Austin, TX 78701                               Chad Huston

                                       6
<PAGE>

                                    EXHIBIT A

                                     Patents

o     U.S.  Patent No.  5,364,093,  issued November 15, 1994, for "Golf Distance
      Measuring System and Method."

o     U.S.  Patent No.  5,751,244  assigned  to GPSI and  entitled  "Method  and
      Apparatus for Calibration of a GPS Receiver."

o     Canadian Patent  Application No. 2,134,737  entitled "Method and Apparatus
      for Message Display on a Golf Course."

                                       7
<PAGE>

                                   EXHIBIT B

                                   Licenses

Description                          Company                          Date

                              ProLink/ParView, LLC

                                SatComGolf, Ltd.

                               Uplink Corporation

                            Proshot Golf Partners, LP

                                  Parview, Inc.

                                  Prolink, Inc.

                                       8

<PAGE>

                                   Exhibit C

                            PATENT LICENSE AGREEMENT

         This License Agreement ("Agreement") is entered into as of the 19th day
of November,  2004 (the "Effective  Date"),  by GPS  Industries,  Inc., a Nevada
corporation  having its principal  place of business in Vancouver,  B.C.  Canada
("GPSI") and Optimal  Royalty,  L.P.,  a Texas  limited  partnership  having its
principal  place of business at 8017 Davis  Mountain Pass,  Austin,  Texas 78720
("Optimal").

                                    RECITALS

         Optimal Golf Solutions,  Inc. has patent rights  pertaining to distance
measurement  and  tracking  on a golf course  using  global  positioning  system
("GPS") and is selling its shares to GPSI concurrently with this Agreement.  The
shareholders of Optimal Golf Solutions, Inc. desire to receive, and GPSI desires
to grant,  the exclusive  license to develop,  make, have made, use, sell, offer
for sale,  import,  lease and  otherwise  dispose of products  under such patent
rights limited to the consumer  handheld field; such shareholders have nominated
Optimal Royalty, L.P. to receive such exclusive license.

         Therefore,  in  consideration of the foregoing and the mutual terms set
forth herein, the parties agree as follows:

1.       DEFINITIONS

         1.1  "Consumer  Handheld Field" means all handheld devices sold through
              LICENSEE's  chain of  distribution  for distance  measurement on a
              golf  course  using  GPS  which  does  not  utilize  a local  area
              differential  correction  and  base  station  installed  on a golf
              course.

         1.2  "Continuation"   means,   with   respect  to  patents  and  patent
              applications,  a  re-filing  of a  specification  filed in a prior
              patent  application  for which  priority is claimed in whole or in
              part,  with or without the  presence of new matter or of matter or
              claims  divided  from the prior  patent  application,  and without
              regard  to  whether  or not a patent  has  matured  from the prior
              patent application.

         1.3  "Course" means a golf course.

         1.4  "Course  Management"  means tracking the position of a golfer on a
              Course with Licensed Products or Licensed Methods using GPS.

         1.5  "Distance   Measurement"  means  measuring  distance  from  a  GPS
              receiver  on a Course to a feature  on the  Course  with  Licensed
              Products or Licensed Methods using GPS.

         1.6  "Licensed  Patents"  means  U.S.  Patent No.  5,364,093  issued on
              November  15, 1994  assigned to GPSI and entitled  "Golf  Distance
              Measuring System and Method",  U.S. Patent No. 5,751,244  assigned
              to GPSI and entitled  "Method and Apparatus for  Calibration  of a
              GPS  Receiver"  and  Canadian  Patent  Application  No.  2,134,737
              entitled  "Method  and  Apparatus  for  Message  Display on a Golf
              Course."

<PAGE>

         1.7  "Licensed Methods" means methods relating to Distance  Measurement
              and/or  Course  Management  on a Course  using GPS in the Consumer
              Handheld  Field  which  in the  absence  of this  Agreement  would
              infringe at least one claim of the Licensed Patents.

         1.8  "Licensed Products" means a system for Distance Measurement and/or
              Course  Management on a Course using GPS in the Consumer  Handheld
              Field which in the  absence of this  Agreement  would  infringe at
              least one claim of the Licensed Patents.

         1.9  "Licensed  Territory"  means the United  States and Canada and any
              region in which an  activity  of  Optimal is covered by a Licensed
              Patent.

2.       GRANT

         2.1      GPSI   grants   to   Optimal  a   perpetual,   non-terminable,
                  royalty-free, exclusive (except as to GPSI ) license under the
                  Licensed  Patents in the Consumer  Handheld Field, to develop,
                  make, have made,  use, sell,  offer for sale,  lease,  import,
                  distribute and otherwise  dispose of Licensed  Products and to
                  practice Licensed Methods in and into the Licensed  Territory.
                  The  foregoing   grant  shall  include   Optimal's   chain  of
                  distribution,  suppliers,  distributors, OEM partners, agents,
                  and  related  companies  engaged  in  the  manufacture,   use,
                  offering for sale,  sale or importation  of Licensed  Product,
                  and to all  subsequent  users or  purchasers  of any  Licensed
                  Product.  Optimal  shall  have  the  right to  sublicense  the
                  Licensed  Patents  within  the  scope of the  license  granted
                  herein,  and Optimal may license or  sublicense  the  Licensed
                  Products to end users.

         2.2      GPSI shall retain a nonexclusive, royalty-free perpetual right
                  and  license  under  the  Licensed  Patents  in  the  Consumer
                  Handheld Field to develop,  make, have made, use, sell,  offer
                  for sale, lease,  import,  distribute and otherwise dispose of
                  Licensed Products and to practice Licensed Methods in and into
                  the  Licensed  Territory.  GPSI  shall  not have the  right to
                  sublicense the Licensed Patents in the Consumer Handheld Field
                  except GPSI may license or sublicense the Licensed Products to
                  end users.

3.       PATENT MARKING.

         No patent marking of the Licensed Patents shall be required of Optimal,
         subject to the proviso that,  to the extent  Optimal marks any Licensed
         Products  with any  patent  numbers  other than the  Licensed  Patents,
         Optimal  shall also  include  the  patent  marking  under the  Licensed
         Patents.

                                       2
<PAGE>

4.       ASSIGNABILITY

         4.1. Except as set forth in this  Article  4,  this  Agreement  and the
              rights,  licenses and obligations hereunder may not be assigned by
              Optimal   without  the  express  written  consent  of  GPSI.  This
              Agreement  shall be binding  upon and inure to the  benefit of the
              Parties hereto, their permitted assigns,  trustees or receivers in
              bankruptcy  or  successors  by  merger,   purchase  of  assets  or
              otherwise.

         4.2. GPSI  acknowledges  that Optimal is the nominee of Darryl  Cornish
              and Chad Huston and consents to the  substitution  of such nominee
              upon notice as  provided  herein.  GPSI  agrees  that  Optimal may
              license  or  assign  this  Agreement  to an  entity  organized  to
              commercialize  consumer GPS golf handhelds,  currently  designated
              AssistantPro, Inc. a Texas corporation organized for that purpose,
              or a substitute nominee.

         4.3. Optimal may assign this  Agreement and the rights and  obligations
              hereof  to an  acquirer  of  substantially  all of the  assets  of
              Optimal.

         4.4. GPSI  shall  have the  right to  assign  this  Agreement,  and the
              rights, licenses and obligations.

5.       WARRANTIES, DISCLAIMERS AND INDEMNIFICATION

         5.1      GPSI  Representations  and  Warranties.  GPSI  represents  and
                  warrants  to  Optimal,  as  of  the  Effective  Date  of  this
                  Agreement, that:

                  5.1.1    GPSI is sole and  exclusive  owner of the  identified
                           Licensed  Patents,  has the power to enter  into this
                           Agreement and to grant the license  granted herein to
                           Optimal,  and no  consent  of  any  other  person  is
                           required therefor;

                  5.1.2    GPSI is not  engaged in any (and knows of no pending)
                           claims actions, suits, or proceedings relating to the
                           Licensed  Patents.  GPSI will give immediate  written
                           notice to  Optimal of any such  event  which  becomes
                           known to it during the term of this Agreement; and

                  5.1.3    GPSI is not party to an existing  agreement  with any
                           other party that conflicts with this Agreement or the
                           license granted herein to Optimal.

         5.2  GPSI  Warranty  Disclaimer.  GPSI  DISCLAIMS  ANY  WARRANTY  AS TO
              VALIDITY OF THE  LICENSED  PATENTS,  NON-INFRINGEMENT  OF LICENSED
              PRODUCTS,  AND ANY  WARRANTY AS TO THE  ACCURACY,  SUFFICIENCY  OR
              SUITABILITY OF THE LICENSED PRODUCTS AND ASSUMES NO RESPONSIBILITY
              OR  LIABILITY  FOR  LOSS OR  DAMAGES,  WHETHER  DIRECT,  INDIRECT,
              CONSEQUENTIAL,  OR  INCIDENTAL  WHICH MIGHT ARISE OUT OF ANOTHER'S
              USE OF THE LICENSED PRODUCTS, WHICH SHALL BE ENTIRELY AT OPTIMAL'S
              OR ITS SUBLICENSEE'S RISK AND PERIL.

                                       3
<PAGE>

         5.3  Optimal  Representations  and Warranties.  Optimal  represents and
              warrants  to GPSI,  as of the  Effective  Date of this  Agreement,
              that:

                  5.3.1    Optimal  has the power to enter  into this  Agreement
                           and  no  consent  of any  other  person  is  required
                           therefor;

                  5.3.2    Optimal  is not  engaged  in  any  (and  knows  of no
                           pending)  claims   actions,   suits,  or  proceedings
                           relating to the Licensed  Patents.  Optimal will give
                           immediate  written  notice to GPSI of any such  event
                           which  becomes  known to it  during  the term of this
                           Agreement.

6.       LIMITATION OF LIABILITY

         IN NO EVENT SHALL EITHER  PARTY HAVE ANY  LIABILITY  FOR ANY  INDIRECT,
INCIDENTAL,  SPECIAL  CONSEQUENTIAL OR RELIANCE DAMAGES (INCLUDING ANY LIABILITY
TO THE OTHER PARTY FOR LOST PROFITS OR BUSINESS  OPPORTUNITIES)  HOWEVER, CAUSED
AND ON ANY  THEORY OF  LIABILITY  (INCLUDING  NEGLIGENCE),  ARISING  OUT OF THIS
AGREEMENT,  INCLUDING (BUT NOT LIMITED TO ) LOSS OF ANTICIPATED PROFITS, EVEN IF
SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

7.       GPSI OBLIGATION TO MAINTAIN

         GPSI shall be obligated to continue to maintain the Licensed Patents by
payment of the required patent  maintenance fees. GPSI shall keep Optimal timely
informed as to the maintenance of the Licensed  Patents.  If at any time Optimal
determines  that GPSI is not  performing its obligation to maintain the Licensed
Patents  under this Article 7,  Optimal has the right to assume  control of (and
GPSI agrees to assist Optimal with) such patent maintenance.

8.       INFRINGEMENT BY THIRD PARTIES

         In the event of third party  infringement  of a Licensed  Patent in the
         Consumer Handheld Field, Optimal shall have the right and discretion to
         take actions  (including  filing a lawsuit)  for the  abatement of such
         infringement.  GPSI  consents to cooperate and  reasonably  assist with
         Optimal's  efforts to abate any infringement,  including  consenting to
         joinder as a plaintiff if necessary,  provided  GPSI is reimbursed  for
         its reasonable time and expense. In any action to abate infringement of
         a Licensed Patent in the Consumer  Handheld Field Optimal shall control
         all aspects of the action.  Any award,  settlement or recovery shall be
         apportioned  first,  to  reimburse  Optimal  and GPSI their  litigation
         expense, with the balance apportioned to Optimal.

                                       4
<PAGE>

9.       TERM AND TERMINATION

         9.1  The term of this  Agreement  shall  commence on the Effective Date
              hereof,  and shall  continue in effect for so long as any claim in
              any of the  Licensed  Patents  is  valid  and  subsisting,  unless
              terminated earlier as provided in this section.

         9.2  This Agreement may be terminated by mutual,  written  agreement of
              the parties.

         9.3  This  Agreement  may be  terminated  if a party to this  Agreement
              commits a material  breach of any material  provision  herein upon
              written  notice to the  defaulting  party and such  default is not
              cured within 45 days of such notice.

         9.4  All  rights  and  licenses  granted  under  or  pursuant  to  this
              Agreement by GPSI to Optimal are, and shall otherwise be deemed to
              be, for  purposes of Section  365(n) of Title 11,  U.S.  Code (the
              "Bankruptcy Code"), licenses and rights to "intellectual property"
              as defined under Section 101 of the  Bankruptcy  Code. The Parties
              agree  that  Optimal,  as  licensee  of  such  rights  under  this
              Agreement,  shall retain and may fully  exercise all of its rights
              and elections  under the  Bankruptcy  Code. In the event that GPSI
              otherwise  defaults  under this  Agreement  or  otherwise  ceases,
              discontinues or terminates all business  activity,  this Agreement
              and license shall survive such  dissolution,  default,  cessation,
              discontinuation or termination.

10.      EFFECT OF TERMINATION AND EXPIRATION

         10.1 Effect of  Termination.  Upon early  termination of this Agreement
              under  Paragraphs  9.2 and 9.3 of  Article 9 hereof,  the  license
              granted   herein  to  Optimal  may  only   terminate   upon  early
              termination  of this Agreement due to a Optimal  material  breach,
              except that  Optimal  shall have the right  thereafter  to sell or
              lease its inventory of Licensed Products  remaining on the date of
              the termination.

         10.2 Survival.   Articles   10-12  and  Paragraph  13.3  shall  survive
              expiration or termination of this Agreement.

11.      DISPUTES

         11.1     Any dispute arising out of or relating to this Agreement shall
                  be resolved  exclusively  in  accordance  with the  procedures
                  specified in this Article 11.

         11.2.    The Parties shall attempt in good faith to resolve any dispute
                  arising out of or relating to this  Agreement  by  negotiation
                  between   executives   who  have   authority   to  settle  the
                  controversy  and who are at a higher level of management  than
                  the persons with direct  responsibility  for administration of
                  this  contract.  Any Party may give the  other  Party  written
                  notice of any  dispute not  resolved  in the normal  course of
                  business.  Such notice  shall  include (a) a statement of that

                                       5
<PAGE>

                  Party's  position and a summary of arguments  supporting  that
                  position, and (b) the name and title of the executive who will
                  be  representing  that Party and of any other  person who will
                  accompany the executive in the  negotiations.  Within  fifteen
                  (15) days after  delivery of the notice,  the receiving  Party
                  shall  respond with (a) a statement  of that Party's  position
                  and a summary of arguments  supporting that position,  and (b)
                  the name and title of the  executive who will  represent  that
                  Party and of any other person who will accompany the executive
                  in the negotiations. Within thirty (30) days after delivery of
                  the initial notice,  the executives of both Parties shall meet
                  at a  mutually  acceptable  time and place and  thereafter  as
                  often as they  reasonably deem necessary to attempt to resolve
                  the dispute.  All reasonable  requests for information made by
                  one  Party to the  other  will be  honored.  All  negotiations
                  pursuant to this clause are  confidential and shall be treated
                  as  compromise  and  settlement  negotiations  for purposes of
                  applicable rules of evidence.

         11.3.    If the  dispute  has  not  been  resolved  by the  negotiation
                  process specified in section 11.2, within forty-five (45) days
                  following the initial  notice,  the Parties shall  endeavor to
                  settle the  dispute by  mediation  under the then  current CPR
                  Mediation Procedure published by the CPR Institute for Dispute
                  Resolution (NYC).  Unless otherwise  agreed,  the Parties will
                  select  a  mediator  from  the  CPR  Panels  of  Distinguished
                  Neutrals.

         11.4.    Any  dispute  which  has not been  resolved  by a  non-binding
                  procedure as provided herein,  within one-hundred twenty (120)
                  days of the initiation of such procedure, shall be resolved by
                  binding  arbitration  in accordance  with the then current CPR
                  Rules  for  Non-Administered  Arbitration  by a panel of three
                  arbitrators.  The arbitration shall be governed by the Federal
                  Arbitration Act, 9 U.S.C.  ss.ss.  1-16, and judgment upon the
                  award rendered by the  arbitrators may be entered by any court
                  having  jurisdiction  thereof.  The  place  of  mediation  and
                  arbitration  shall be Chicago,  Illinois.  The arbitrators may
                  enter injunctive relief, including specific performance,  both
                  pendent  lite and  permanent,  but are not  empowered to award
                  damages  in  excess  of  compensatory   damages;   each  Party
                  expressly waives and foregoes any right to punitive, exemplary
                  or similar damages.

         11.5.    The foregoing  provisions in this Article 11  notwithstanding,
                  either  Party  may  at  any  time   initiate  an   arbitration
                  proceeding in accordance  with the  provisions of section 11.4
                  if that Party faces immediate and  irreparable  harm requiring
                  the  entry  of  a  temporary  restraining  order,  preliminary
                  injunction  or a like remedy to preserve  the status quo ante.
                  The  application  for this  extraordinary  relief  may be made
                  unilaterally and the Party seeking that relief may invoke such
                  emergency provisions as are permitted under the applicable CPR
                  Rules,  including the  appointment of arbitrators by CPR on an
                  expedited basis. During the pendency of any proceedings or the
                  application  of any emergency  relief under this section 11.5,
                  the  Parties  shall   nevertheless   conform  to  the  dispute
                  resolution procedures set forth in this Article 11.

                                       6
<PAGE>

12.      NOTICES

         Any notice or report made by either  party shall be  considered  proper
and  effective  if  mailed by  registered  mail  addressed  as shown  below,  or
delivered  in person and in writing.  Optimal and GPSI agree to notify all other
parties of any changes.

                  If to Optimal:    Optimal Royalty, L.P.
                                    8017 Davis Mountain Pass
                                    Austin, Texas  78720
                                    Attention:  Darryl Cornish

                  With copy to:     Daffer McDaniel, L.L.P.
                                    700 Lavaca
                                    Suite 720
                                    Austin, TX  78701
                                    Facsimile No.:  (512) 703-1260
                                    Attention: Chad Huston

                  If to GPSI:

                           GPS Industries, Inc.
                           Suite 214, 5500 - 152nd Street
                           V3S 8E7
                           Attention: Robert C. Silzer, Sr.
                           Facsimile: 604-576-7460

                           With a copy to:

                           Loeb & Loeb, LLP
                           10100 Santa Monica Boulevard, Suite 2200
                           Los Angeles, CA 90067
                           Attention:  David L. Ficksman, Esq.
                           Facsimile:  (310) 282-2200

                  or to such changed  address as shall have been  designated  by
                  notice.

                                       7
<PAGE>

13.      GENERAL PROVISIONS

         13.1     Waiver or Modification.  The waiver, amendment or modification
                  of this Agreement or any right or obligation  hereunder  shall
                  not be  effective  unless  agreed to by each of the parties in
                  writing.

         13.2     Force Majeure. Neither party will be deemed in default of this
                  Agreement to the extent that performance of its obligations or
                  attempts to cure any breach are delayed or prevented by reason
                  of any act of God, fire,  natural disaster,  accident,  act of
                  government,  shortages  of  material  or supplies or any other
                  cause  beyond the  control of such party,  provided  that such
                  party gives the other party written  notice  thereof  promptly
                  and,  in any  event,  within  thirty  (30)  days of  discovery
                  thereof and uses good faith  efforts to so perform or cure. In
                  the event of such a Force Majeure, the time for performance or
                  cure will be extended  for a period  equal to the  duration of
                  the Force  Majeure but not in excess of six (6) months  unless
                  agreed to by both parties in writing.

         13.3     Governing Law. This Agreement shall be governed by the laws of
                  the State of Delaware.

         13.4     Severability.  If  any  provisions  of  the  Agreement  or the
                  application of any such provision shall be held to be contrary
                  to law,  the  remaining  provisions  of this  Agreement  shall
                  continue in full force and effect.

         13.5     Entire Agreement.  The parties acknowledge that this Agreement
                  expresses  their  entire   understanding  and  agreement  with
                  respect  to  Licensed  Products  sold or  installed  after the
                  Effective Date of this Agreement,  and that there have been no
                  warranties, representations,  covenants or understandings made
                  by either party to the other except such as are  expressly set
                  forth herein.

14.      EXECUTION

         Optimal Royalty, LP                       GPS Industries, Inc.

         By: /s/ Darryl Cornish                    /s/ Robert C. Silzer Sr.
             -----------------------------
         By
             -----------------------------

         Name:   Darryl Cornish                    November 19th
               ---------------------------
         Name:
               ---------------------------

         By Optimal Golf Solutions, LLP, its

         General partner

         Title: (General Partner
                --------------------------

         Date: November 19th, 2004
               ---------------------------

         Date:
               ---------------------------

                                       8
<PAGE>

                                    EXHIBIT A

                                LICENSED PATENTS

o      U.S. Patent No.  5,364,093,  issued November 15, 1994, for "Golf Distance
       Measuring System and Method."

o      U.S.  Patent No.  5,751,244  assigned  to GPSI and  entitled  "Method and
       Apparatus for Calibration of a GPS Receiver."

o      Canadian Patent  Application No. 2,134,737 entitled "Method and Apparatus
       for Message Display on a Golf Course."

                                       9

<PAGE>
                                   EXHIBIT D

                     NON-EXCLUSIVE PATENT LICENSE AGREEMENT

         THIS AGREEMENT, made effective as of the 19th day of November, 2004, is
by and between GPS Industries, Inc., a corporation of the State of Nevada,
including its Affiliates (as hereinafter defined) (collectively "LICENSOR"), and
Optimal Royalty LP., a limited partnership of the State of Texas, including its
Affiliates (as hereinafter defined) (collectively "LICENSEE"); LICENSOR and
LICENSEE being sometimes referred to herein either collectively as "the Parties"
or individually as a "Party":

         LICENSOR owns certain international patents, e.g. in Japan, Australia,
and certain European countries (hereinafter further defined and referred to as
"Licensed Patents"), which relate to certain distance and management systems and
methods using GPS; and,

         LICENSEE wishes to obtain, and LICENSOR is willing to grant, a
non-exclusive license under the Licensed Patents (as hereinafter further
defined) in the Licensed Territory (as also hereinafter defined);

         NOW, THEREFORE, in consideration of the mutual covenants contained
herein, the Parties hereto agree as follows:

                                   ARTICLE 1.

                                   DEFINITIONS

         As used in this Agreement, the following capitalized terms, whether
used in the singular or plural, shall have the following meanings:

         1.1. "Licensed Patents" means the international patents as listed on
Exhibit A.

         1.2. "Licensed Product" means any system in the Consumer Handheld Field
for Distance Measurement and/or Course Management on a golf course using GPS
made or sold by LICENSEE wherein the manufacture, use, offer for sale, sale or
importation of software or hardware would, but for the rights and licenses
granted herein, constitute an infringement of a valid and enforceable claim of a
subsisting Licensed Patent.

         1.3. An "Affiliate" of a Party means a corporation or other entity
controlled by, controlling, or under common control with LICENSOR or LICENSEE.
For the purpose of this Agreement, "control" or "controlling" means (a) the
ownership, directly or indirectly, of more than fifty percent (50%) of the
voting stock or analogous interest in such corporation or other entity; or (b)
the existence of any other relationship between LICENSOR or LICENSEE and such
other corporation or entity which results in effective managerial control by one
over the other, regardless of whether such control is continuously exercised.

         1.4. "Licensed Territory" means the countries and jurisdictions in
which LICENSOR now or in the future holds a Licensed Patent.

         1.5. "Effective Date" means the date first referenced above.

         1.6 "Net Sales" means gross revenues received by LICENSEE or its
sublicensee from the sale or lease of Licensed Product as separate articles of
commerce, less any and all (i) taxes, duties and tariffs imposed on the
manufacture, sale, transfer, importation, transportation or storage thereof;
(ii) packing, transportation and insurance costs for delivery thereof; (iii)
credits, discounts, allowances and returns actually granted thereon; and (iv)
commissions actually paid to any independent dealer, distributor, sales
representative or agent in connection with sales thereof.

                                       1
<PAGE>

         1.7 "Consumer Handheld Field" means all handheld devices sold through
LICENSEE's chain of distribution for distance measurement on a golf course using
GPS which does not utilize a local area differential correction and base station
installed on a golf course.

                                   ARTICLE 2.

                                GRANT OF LICENSE

         2.1. Subject to the terms and conditions of this Agreement, LICENSOR
hereby grants to LICENSEE a non-exclusive right and license in each country of
the Licensed Territory under the Licensed Patents to make, have made, use, sell,
offer for sale, lease, import and otherwise dispose of Licensed Products and to
practice any method or process in connection therewith in the Licensed
Territory.

         2.2. The license granted in section 2.1 attaches to all Licensed
Products and the sale, offer for sale, use and other disposition of Licensed
Products or the practice of any method or process in connection therewith by any
entity or person in LICENSEE's chain of distribution, including without
limitation LICENSEE's customers or such other party in possession of Licensed
Products.

         2.3. The license granted in section 2.1 does not include the right for
LICENSEE to grant sublicenses under the Licensed Patents. The rights granted to
LICENSEE to have Licensed Products made for and on its behalf and to pass
through to LICENSEE's customers the rights to use Licensed Products for their
ordinary and intended purposes, including the practice of any process or method
in the consumer hand-held field in connection therewith, shall neither be deemed
a separate sublicense nor the right in LICENSEE to grant any such sublicense.
The license granted in section 2.1 does not extend to the use of a third party
product not originally made, sold or licensed by LICENSEE.

         2.4 The license granted in section 2.1 does not include the right of
LICENSEE to have a sales office in the Licensed Territory.

                                   ARTICLE 3.

                                  CONSIDERATION

         3.1. In consideration for the rights and license granted to LICENSEE
under this Agreement, LICENSEE agrees to pay to LICENSOR a royalty of 5% of Net
Sales of Licensed Product sold in the Licensed Territory. Payment shall be made
to LICENSOR at its offices at Vancouver, Canada or such banking institution as
LICENSOR may direct, in legal tender of the United States of America.

                                   ARTICLE 4.

                               REPORTS AND RECORDS

         4.1 Within ninety (90) days after the first day of January and July in
each calendar year, LICENSEE shall render a written report showing its sales and
computation of royalties for sales made by it during the previous calendar
half-year with respect to all sales subject to royalties under Article 3 of this
Agreement, and shall simultaneously pay the royalties due with respect to such
sales in accordance with Article 3 hereof.

                                       2
<PAGE>

         4.2 Royalties on the Net Sales Price of Licensed Products shall accrue
and be computed in the currency of the country in which such sales shall have
been made by LICENSEE and such royalties shall be payable by LICENSEE according
to instructions by LICENSOR in the United States in United States Dollars, using
as the rate of exchange the prevailing official buying price in United States
Dollars paid in New York, U.S.A., for a banker's check drawn in the currency
involved on banks abroad in the country involved, at the applicable rate of
exchange at the date of remittance or on the last day of the ninety (90) day
period mentioned in Paragraph 4.1 above, whichever is earlier.

         4.3 If by law, regulations, or fiscal policy of a particular country,
conversion into or transfer to United States Dollars is restricted or forbidden,
notice thereof in writing will be given to LICENSOR and payment of the royalty
shall be made through such lawful means or methods as LICENSOR may designate.
Failing the designation by LICENSOR of such lawful means or methods as aforesaid
within sixty (60) days after the aforementioned notice is given to LICENSOR, the
payment of royalty by LICENSEE shall be made by the deposit thereof in local
currency to the credit or LICENSOR in a recognized banking institution in such
particular country designated by LICENSOR or, if none be designated by LICENSOR
within the period of sixty (60) days as aforesaid, then in a recognized banking
institution notified to LICENSOR by LICENSEE. When in any country the law or
regulations prohibits both the transmittal and deposit of royalties on sales in
such a country, royalty payments shall be suspended for as long as such
prohibition is in effect and as soon as such prohibition ceases to be in effect,
all royalties which LICENSEE would have been under obligation to transmit or
deposit, but for the prohibition, shall forthwith be deposited or transmitted
promptly to the extent allowable as the case may be.

         4.4 Any and all taxes levied by a proper taxing authority and paid by
LICENSEE on account of royalties accruing to LICENSOR under this Agreement,
remittable from a country in which provision is made in the law or by regulation
for withholding, may be deducted from such royalty payable by LICENSEE to
LICENSOR provided LICENSOR may obtain the benefit of such deduction by way of a
tax credit and provided proof of payment is secured and sent promptly by
LICENSEE to LICENSOR as evidence of such payment.

         4.5 LICENSEE shall maintain full, true and accurate books of account
and other records containing all particulars which may be required to ascertain
and verify the royalties payable by it under this Agreement. Said books,
records, and all supporting data shall be available at all reasonable times and
for a period of three (3) years following the reporting to the inspection of any
independent certified accountant retained by LICENSOR, at its expense, for the
purpose and to whom LICENSEE has no reasonable objection; provided, however,
that such accountant shall report to LICENSOR only as to the accuracy of the
royalty statements and payments and in no event shall reveal LICENSEE's costs of
production, quantities or prices to individual customers, or like information.
In the event of disagreement between the accountant and LICENSEE as to the
accuracy of the royalty statements and/or payments, additional information shall
be of such a nature and in an amount sufficient only to effect resolution of the
disagreement.

                                    ARTICLE 5

                              TERM AND TERMINATION

         5.1. The rights and licenses granted under this Agreement shall
commence on the Effective Date.

         5.2. Unless this Agreement is sooner terminated by either Party
pursuant to the provisions hereof, this Agreement shall in each country of the
Licensed Territory remain in force and effect during the pendency and until the
expiration of the last-to-expire of the Licensed Patents in effect in such
country.

                                       3
<PAGE>

         5.3. Either Party shall have the right to terminate this Agreement in
the event the other Party breaches a material term or condition of this
Agreement and fails to cure such breach within sixty days following written
notice thereof, and as conditioned by the dispute resolution process set forth
in Article 10 below.

         5.4. In the event this Agreement is terminated in accordance with the
provisions of section 5.3, all licenses attaching to Licensed Products made or
sold by LICENSEE prior to the effective date of termination shall remain in full
force and effect including, without limitation, the rights to use Licensed
Products by any party in possession thereof and to practice any method or
process in connection therewith. In the event a Party hereto improperly declares
the termination of this Agreement, the other Party may immediately seek a
temporary restraining order, to be issued in accordance with the provisions of
Article 10 hereof, and any such improper notice of termination shall have no
force or effect unless and until the arbitrators appointed under Article 10 rule
in favor of the Party declaring this Agreement to have been terminated. In the
event of termination for a material breach by LICENSOR that remains unremedied,
in addition to any other right or remedy LICENSEE may have, all rights granted
by LICENSOR to LICENSEE hereunder shall be deemed fully paid and all obligations
of LICENSEE fully discharged.

         5.5. Upon the termination of this Agreement, LICENSEE shall have the
right to dispose of all Licensed Products then on hand, including work in
process, and to complete all orders for Licensed Products on hand as of the date
of termination and such Licensed Products shall carry the pass through license
specified in section 2.2 hereof.

         5.6. Neither termination nor expiration of this Agreement shall
terminate LICENSEE's obligation to pay the consideration set forth in section
3.1 except that termination or expiration of a Licensed Patent in a country
shall terminate LICENSEE'S obligation to pay royalties for product sold in that
country.

         5.7. All rights and licenses granted under or pursuant to this
Agreement by LICENSOR to LICENSEE are, and shall otherwise be deemed to be, for
purposes of Section 365(n) of Title 11, U.S. Code (the "Bankruptcy Code"),
licenses and rights to "intellectual property" as defined under Section 101 of
the Bankruptcy Code. The Parties agree that LICENSEE, as licensee of such rights
under this Agreement, shall retain and may fully exercise all of its rights and
elections under the Bankruptcy Code.

         5.8 In the event of termination of this Agreement, LICENSEE shall not
be relieved of its duty and obligation to pay royalties and any other payments
which may have accrued up to the effective date of such termination.

                                   ARTICLE 6.

                                  ASSIGNABILITY

         6.1. Except as set forth in this Article 6, this Agreement and the
rights, licenses and obligations hereunder may not be assigned by LICENSEE
without the express written consent of the LICENSOR. However, LICENSOR
acknowledges that LICENSEE is the nominee of Darryl Cornish and Chad Huston and
consents to the substitution of such nominee upon notice as provided herein.
This Agreement shall be binding upon and inure to the benefit of the Parties
hereto, their permitted assigns, trustees or receivers in bankruptcy or
successors by merger, purchase of assets or otherwise.

         6.2. In the event of any reorganization of LICENSEE's business,
including, without limitation, the divestiture of any business, including any
Affiliate, the rights and privileges granted to LICENSEE herein shall attach to
and benefit such divested entity or business, provided that such rights and
privileges shall extend only to such divested entity or business or any
extensions or expansions thereof occurring in the ordinary course of operating
such entity or business and provided that LICENSEE is and remains in compliance
with the terms and conditions of this Agreement.

                                       4
<PAGE>

         6.3. LICENSEE may assign this Agreement and the rights and obligations
hereof to an acquirer of substantially all of the assets of LICENSEE. Such
transfer shall become effective upon the delivery of notice as provided herein.

         6.4. LICENSOR agrees that LICENSEE may license or assign this Agreement
to an entity organized to commercialize consumer GPS golf handhelds, currently
designated AssistantPro, Inc. a Texas corporation organized for that purpose, or
a substitute nominee.

         6.5. LICENSOR shall have the right to assign this Agreement and the
rights and obligations hereof.

                                   ARTICLE 7.

                                     NOTICE

         7.1. Any notice or communication required or permitted to be given by
either Party hereunder shall be in written form and shall be considered to be
sufficiently given if mailed by registered or certified mail or transmitted by
overnight courier, addressed to the Parties hereto as follows:

             To LICENSEE:

                           Chad Huston
                           700 Lavaca St., Suite 720
                           Austin, TX  78701

                           With a copy to:

                           Strasburger & Price, LLP
                           600 Congress Avenue
                           Suite 1600
                           Austin, TX  78701
                           Attention: Spencer W. Stevens, Esq.
                           Facsimile: 512.499.3660

                                       5
<PAGE>

                           To LICENSOR:

                           GPS Industries, Inc.
                           Suite 214, 5500 - 152nd Street
                           V3S 8E7
                           Attention: Robert C. Silzer, Sr.
                           Facsimile: 604-576-7460

                           With a copy to:

                           Loeb & Loeb, LLP
                           10100 Santa Monica Boulevard, Suite 2200
                           Los Angeles, CA 90067
                           Attention:  David L. Ficksman, Esq.
                           Facsimile:  (310) 282-2200

         7.2. Such notices shall be effective upon receipt by the addressee.
Either party may change its address by notice to the other party.

                                   ARTICLE 8.

                             WARRANTY AND DISCLAIMER

         8.1. LICENSOR represents and warrants that it is the sole owner of the
Licensed Patents and has the right to grant the rights and licenses granted
under this Agreement.

         8.2. EXCEPT FOR THE REPRESENTATIONS AND WARRANTIES PROVIDED IN SECTION
8.1. ABOVE, LICENSOR DISCLAIMS ANY WARRANTY AS TO VALIDITY OF THE LICENSED
PATENTS, NON-INFRINGEMENT OF LICENSED PRODUCTS, AND ANY WARRANTY AS TO THE
ACCURACY, SUFFICIENCY OR SUITABILITY OF THE LICENSED PRODUCTS AND ASSUMES NO
RESPONSIBILITY OR LIABILITY FOR LOSS OR DAMAGES, WHETHER DIRECT, INDIRECT,
CONSEQUENTIAL, OR INCIDENTAL WHICH MIGHT ARISE OUT OF OTHER'S USE OF THE
LICENSED PRODUCTS OR LICSNESED METHODS, WHICH SHALL BE ENTIRELY AT LICENEE'S
RISK AND PERIL. LICENSOR SHALL HAVE NO OBLIGATION TO DEFEND ANY CLAIM OR SUIT,
OR TO HOLD HARMLESS OR INDEMNIFY LICENSEE AGAINST ANY ALLEGATION OF INFRINGEMENT
OR VIOLATION OF ANY PATENT RIGHT OF A THIRD PARTY BY REASON OF LICENSEE'S USE OF
THE LICENSED PRODUCTS OR THE PRACTICE OF ANY PROCESS OR METHOD IN CONNECTION
THEREWITH.

         8.3 IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER FOR INDIRECT,
INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES HEREUNDER (WHETHER IN CONTRACT OR
TORT OR OTHERWISE), INCLUDING LOSS OF PROFITS, HOWEVER CAUSED.

                                       6
<PAGE>

                                   ARTICLE 9.

                               DISPUTE RESOLUTION

         9.1. Any dispute, difference or questions between the parties
concerning the construction, interpretation and effect of this Agreement or any
clause herein contained or the rights and liabilities of the parties arising out
of or relating to this Agreement shall be resolved exclusively in accordance
with the procedures specified in this Article 8.

         9.2. The Parties shall attempt in good faith to resolve any such
dispute by negotiation between executives who have authority to settle the
controversy and who are at a higher level of management than the persons with
direct responsibility for administration of this contract. Any Party may give
the other Party written notice of any dispute not resolved in the normal course
of business. Such notice shall include (a) a statement of that Party's position
and a summary of arguments supporting that position, and (b) the name and title
of the executive who will be representing that Party and of any other person who
will accompany the executive in the negotiations. Within fifteen (15) days after
delivery of the notice, the receiving Party shall respond with (a) a statement
of that Party's position and a summary of arguments supporting that position,
and (b) the name and title of the executive who will represent that Party and of
any other person who will accompany the executive in the negotiations. Within
thirty (30) days after delivery of the initial notice, the executives of both
Parties shall meet at a mutually acceptable time and place and thereafter as
often as they reasonably deem necessary to attempt to resolve the dispute. All
reasonable requests for information made by one Party to the other will be
honored. All negotiations pursuant to this clause are confidential and shall be
treated as compromise and settlement negotiations for purposes of applicable
rules of evidence.

         9.3. If such dispute has not been resolved by the negotiation process
specified in section 8.2, within forty-five (45) days following the initial
notice, the Parties shall endeavor to settle the dispute by mediation under the
then current CPR Mediation Procedure published by the CPR Institute for Dispute
Resolution (NYC). Unless otherwise agreed, the Parties will select a mediator
from the CPR Panels of Distinguished Neutrals.

         9.4. If any such dispute has not been resolved by a non-binding
procedure as provided herein, within one-hundred twenty (120) days of the
initiation of such procedure, shall be resolved by binding arbitration in
accordance with the then current CPR Rules for Non-Administered Arbitration by a
panel of three arbitrators. The arbitration shall be governed by the Federal
Arbitration Act, 9 U.S.C. ss.ss. 1-16, and judgment upon the award rendered by
the arbitrators may be entered by any court having jurisdiction thereof. The
place of mediation and arbitration shall be Chicago, Illinois. The arbitrators
may enter injunctive relief, including specific performance, both pendent lite
and permanent, but are not empowered to award damages in excess of compensatory
damages; each Party expressly waives and foregoes any right to punitive,
exemplary or similar damages.

         9.5. The foregoing provisions in this Article 8 notwithstanding, either
Party may at any time initiate an arbitration proceeding in accordance with the
provisions of section 9.4 if that Party faces immediate and irreparable harm
requiring the entry of a temporary restraining order, preliminary injunction or
a like remedy to preserve the status quo ante. The application for this
extraordinary relief may be made unilaterally and the Party seeking that relief
may invoke such emergency provisions as are permitted under the applicable CPR
Rules, including the appointment of arbitrators by CPR on an expedited basis.
During the pendency of any proceedings or the application of any emergency
relief under this section 9.5, the Parties shall nevertheless conform to the
dispute resolution procedures set forth in this Article 9.

                                       7
<PAGE>

                                   ARTICLE 10

                                     MARKING

         LICENSEE agrees to apply or have applied to all products manufactured
by it under this Agreement such patent notice as may be required by the laws of
the countries where manufactured and sold or as may reasonably be requested by
LICENSOR.

                                   ARTICLE 11.

                                  MISCELLANEOUS

         11.1. This Agreement may be executed in two counterparts and each such
counterpart shall be deemed an original thereof.

         11.2. This Agreement shall be governed by, performed under and
construed in accordance with the laws of the State of Delaware without regard to
any conflicts of law provisions thereof, except that questions affecting the
construction and effect of any patent shall be determined by the law of the
country in which the patent is pending or was granted.

         11.3. LICENSOR shall promptly give notice to LICENSEE of and upon
commencement of any voluntary or involuntary bankruptcy proceeding involving
LICENSOR as a debtor.

         11.4. Neither Party shall publicly announce (i.e. press releases and
communications of like kind and character) the execution or existence of this
Agreement without the written consent of the other Party specifically approving
the text of such announcement.

         11.5. Neither Party hereto shall be liable for failures and delays in
performance due to strikes, lockouts, fires, acts of God or the public enemy,
riots, incendiaries, interference by civil or military authorities, compliance
with the laws of various countries, or with the orders of any governmental
authorities, delays in transit or delivery on the part of transportation
companies, failures of communication facilities, or any failure of sources of
material

         11.6. This Agreement constitutes the entire agreement between the
Parties concerning the subject matter hereof and supersedes all written and oral
prior agreements and understandings with respect thereto. No variation or
modification of the terms of this Agreement nor any waiver of any of the terms
or provisions hereof shall be valid unless in writing and signed by an
authorized representative of each Party.

         11.7. If any term or provision of this Agreement is held invalid,
illegal or unenforceable in any respect for any reason, that invalidity,
illegality or unenforceability shall not affect any other term or provision
hereof, and this Agreement shall be interpreted and construed as if such term or
provision, to the extent the same shall have been held to be invalid, illegal or
unenforceable, had never been contained herein, unless the rights or
responsibilities of a Party are materially altered as a consequence thereof. In
that latter case, the affected Party may seek reformation using the dispute
resolution procedures set forth in Article 9.

         11.8. Failure by either Party to enforce any rights under this
Agreement shall not be construed as a waiver of such rights nor shall a waiver
by either Party in one or more instances be construed as constituting a
continuing waiver or as a waiver in other instances.

                                       8
<PAGE>

         IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be
executed in duplicate by duly authorized officers effective on the date and year
first written above.

GPS INDUSTRIES, INC.

By: /s/ Robert C. Silzer, Sr.
    ------------------------------------------------
Title:  President and CEO

OPTIMAL ROYALTY, LP

By: /s/ Darryl Cornish
    ------------------------------------------------
    Optimal Golf Solutions, LLP, its General Partner
Title:   General Partner

                                       9
<PAGE>

                                     Annex I

                               Notice of Transfer

         [Date]

         To

         GPS, Inc.

         Attention:

         Notice is hereby given that the Non Exclusive License Patent Agreement,
dated _____, 2004 among you and Optimal Royalty, LP (the "License Agreement")
and all the rights benefits and obligations of GPS, INC. ("GPSI") under the
License Agreement are, effective as of [describe date] assigned and transferred
to and assumed and received by [name of purchaser] (the "Purchaser") as if the
Purchaser was an original party to such License Agreement and all references in
the License Agreement to GPSI or Licensor shall be deemed to be references to
Purchaser.

         All capitalized terms used but not defined herein shall have the
meanings assigned to them in the License Agreement.

         GPS Industries, Inc.               [PURCHASER]

         By:_______________________         By:_______________________

         Name and Title:                             Name and Title:

                                       10
<PAGE>

                                    EXHIBIT A

JURISDICTION                      PATENT NUMBER                          STATUS
-------------                     --------------                         ------

Australia                         667205                                 ISSUED

Japan                             3349510                                ISSUED

EUROPE:                           EP617794                               ISSUED
Austria                           EP617794                               ISSUED
Eire                              EP617794                               ISSUED
France                            EP617794                               ISSUED
Great Britain                     EP617794                               ISSUED
Italy                             EP617794                               ISSUED
Netherlands                       EP617794                               ISSUED
Portugal                          EP617794                               ISSUED
Swedan                            EP617794                               ISSUED
Switzerland                       EP617794                               ISSUED
Germany                           69228703.5                             ISSUED
Spain                             ES2132211                              ISSUEDEXHIBIT 99.2

                                 XACT AID, INC.
                              Employment Agreement

      This Employment Agreement ("Agreement") is made and entered into this 14th
day of  September,2004  by and between Xact Aid Inc., a Nevada  corporation (the
"Company"), and Federico G. Cabo ("Executive").

                                    RECITALS

      WHEREAS,  Executive has the experience to provide  services to the Company
of an extraordinary character which gives such services a unique value; and

      WHEREAS,  the Company  desires to retain the  services of  Executive,  and
Executive desires to be employed by the Company for the term of this Agreement.

      NOW AND  THEREFORE,  the Company and  Executive,  intending  to be legally
bound, hereby agree as follows:

      1. Employment. The Company hereby employs Executive as the CHIEF EXECUTIVE
OFFICER of the Company.  For the term of  Executive's  employment,  and upon the
other conditions set forth in this Agreement,  Executive accepts such employment
and  agrees  to  perform  services  for  the  Company,  subject  always  to such
resolutions  as are  established  from time to time by the Board of Directors of
the Company.

      2. Term. The term of Executive's  employment  hereunder  shall commence on
the execution  date of this  Agreement and continue  through  September 13, 2007
subject to the termination  provisions  contained  herein.  The Agreement may be
terminated  by the  Company  only for  cause as set forth  below,  and shall not
constitute "at will" employment.

      3. Position and Duties.

            3.1.  Services with the Company.  During the term of this Agreement,
Executive agrees to perform such duties and exercise such powers related thereto
as may from time to time be assigned to him by the Company's  Board of Directors
(the "Board").  Executive shall duly and diligently  perform all duties assigned
to him while in the employ of the Company.  He shall be bound by and  faithfully
observe and abide by all rules and  regulations of the Company which are brought
to his  notice or of which he  should  be  reasonably  aware.  Executive  hereby
accepts  such  employment,  agrees  to  serve  the  Company  in  the  capacities
indicated,  and agrees to use  Executive's  best  efforts  in, and shall  devote
sufficient  working time,  attention,  skill and energies to, the advancement of
the  interests  of the Company and the  performance  of  Executive's  duties and
responsibilities hereunder.

            3.2.  No  Conflicting  Duties.  Executive  shall  devote  sufficient
productive  time,  ability,  and attention to the business of the Company during
the term of this Agreement in a manner that will serve the best interests of the
Company.  This Agreement  shall not be  interpreted  to prohibit  Executive from
making passive  personal  investments or conduct other business affairs if those
activities do not  materially  interfere  with the services  required under this
Agreement.

                                        1
<PAGE>

      4. Compensation.

            4.1 Annual Salary. As compensation for all services to be rendered
by Executive under this Agreement, the Company shall pay to Executive an annual
salary of Sixty Thousand Dollars ($60,000.00) (the "Annual Salary"). Executive's
Annual Salary shall be paid on a regular basis in accordance with the Company's
normal payroll procedures and policies. On or before the yearly anniversary date
of this Agreement, the Board of Directors shall determine the increase to the
Annual Salary, but in no event shall it be less than ten (10%) . The adjusted
Annual Salary shall become effective on September 14th of each year.

            4.2 Gross  Revenue  Bonus.  The Company  shall pay Executive a Bonus
("Gross Revenue Bonus"). The Gross Revenue Bonus shall equal One percent (1%) of
the Company's  gross income,  calculated  using  Generally  Accepted  Accounting
Principles.  The Bonus shall be payable and based on the following formula.  For
each period  that the  Company  attains a gross  revenue of  $2,500,000,  in the
aggregate,  Executive shall be entitled to a payment of One percent (1%) of said
gross revenue or $25,000 thirty days thereafter. The .Bonus shall not exceed the
sum of $250,000 without being extended by the Board of Directors of the Company.

            4.3 Incentive Stock Options. The Company shall issue incentive stock
options to Executive pursuant to the Company's  qualified Incentive Stock Option
Plan. At the  discretion  of, and in an amount to be determined by, the Board of
Directors, no later than seventy five (75) days following the end of each of the
Company's  fiscal years,  Executive will receive  incentive  stock options at an
exercise  price equal to the fair market  value at the end of each fiscal  year.
However,  if the Executive owns at least 10% of the Company's common stock, then
the purchase price that will be paid to the Company when the option is exercised
and the stock  purchase  must equal 110% of the fair market  value of the common
stock  as of  the  date  of  grant.  The  Incentive  Stock  Options  shall  vest
immediately and shall terminate ten years from the date of grant.  Executive may
exercise the incentive stock options,  at his sole and absolute  discretion,  by
providing the Company with written notice accompanied by (1) cash or a cashier's
check an amount  equal to the product of the  incentive  stock  option  exercise
price and the number of shares  Executive  desires to purchase  pursuant to this
provision;  or (2) by a cashless  exercise  whereby  Executive  receives the net
amount of shares after deducting the value of the exercise price.

            4.4 Stock and Option  Registration  Rights. In the event the Company
with or  without  the  assistance  of an  investment  banking  firm,  conducts a
registered offering of the Company's shares, the Company shall provide Executive
with registration rights to all shares,  warrants and/or options which Executive
then holds or otherwise directly or constructively owns.

            4.5  Expenses.   The  Company  shall  reimburse  Executive  for  all
reasonable  business or travel expenses and office related expenses  incurred by
Executive  in the  performance  of his  duties;  including  but not  limited to:
airfare, automobile rental, lodging, meals, telephone, copy costs, and supplies.
..

            4.6  Annual  Vacation.  Executive  shall  be  entitled  to Ten  (10)
business days'  vacation time for the fist year,  Fifteen (15) business days for
the second year and Twenty (20) business days for the third year without loss of
compensation.  In the event that  Executive is unable for any reason to take the
total amount of vacation  time  authorized  herein  during any year,  any unused
vacation time shall carry over from year to year. Any earned but unused vacation
time will be paid to  Executive  based upon his annual rate of all  compensation
paid in the  previous  twelve  months upon  termination  or  expiration  of this
Agreement.

                                       2
<PAGE>

            4.7 Sick Leave.  Executive  shall be entitled to seven (7) days sick
leave each year without loss of  compensation.  In the event that Executive does
not take the total amount of sick leave  authorized  herein during any year, any
unused sick leave shall carry over from year to year.  Any  entitled  but unused
sick  leave  will  be  paid to  Executive  based  upon  his  annual  rate of all
compensation  paid in the previous twelve months upon  termination or expiration
of this Agreement.

            4.8 Health  Insurance.  The  Company,  at its sole cost and expense,
shall provide Executive and his immediate family members with  comprehensive PPO
or HMO health insurance including but not limited to medical, dental, vision and
disability coverage.

            4.9 Payment Upon Sale or Merger of Company. In the event the Company
shall merge, sell a controlling  interest, or sell a majority of its assets, the
Company  shall provide for  Executive to vested any but  unexercised  options to
purchases  shares in the Company  which are held by  Executive at the earlier of
(1) the  Company's  execution  of a Letter of Intent  to (a)  merge,  (b) sell a
controlling  interest,  or (c) sell a majority of its assets, or (2) the date of
any such merger or sale is consummated,  the Company shall pay Executive cash in
the amount equal to the difference between the consideration paid to the Company
on a per share basis less the exercise  price of the option,  the value of which
is multiplied by the number of options which Executive holds.

            4.10  Automobile  Allowance.  The Company shall provide  Executive a
monthly  automobile   allowance  in  the  amount  of  $700.00  (the  "Automobile
Allowance").  In the event this Agreement is terminated  prior to its expiration
for any reason, all payments of the Automobile Allowance shall cease immediately
and Executive  shall be  responsible  for any and all payments  remaining on any
lease,  loan or rental  agreement in connection with said Automobile  Allowance.
Payment  of  the  aforesaid   allowance  shall  be  subject  to  any  applicable
withholdings  tax.  The  Executive  shall be  responsible  for all income  taxes
imposed on the Executive by reason of the automobile allowance.

      5. Termination and Termination Benefits. Notwithstanding the provisions of
Section 2, Executive's employment under this Agreement shall terminate under the
following circumstances set forth in this Section 5.

            5.1  Termination  by the Company for Cause.  Executive's  employment
under this  Agreement may be terminated for Cause without  further  liability on
the part of the Company other than for accrued but unpaid Annual Salary  through
the date of termination  effective immediately upon written notice to Executive.
No termination  for Cause may be invoked by the Company  without first providing
Executive  with at least thirty (30) days written  notice to correct any breach,
default or  causation.  Such  written  notice  shall set forth  with  reasonable
specificity  the Company's  basis for such notice of  termination  and Executive
shall have thirty (30) days to correct  the  condition  set forth in the notice.
"Cause" shall mean the following:

                                       3
<PAGE>

                  (i) Commission of a criminal act involving fraud, embezzlement
                  or breach of trust or other act which would prohibit Executive
                  from  holding his position  under the rules of the  Securities
                  and Exchange Commission.

                  (ii)  Willful,  knowing  and  malicious  violation  of written
                  corporate policy or rules of the Company.

                  (iii) Willful, knowing and malicious misuse, misappropriation,
                  or disclosure of any of the Proprietary Matters.

                  (iv) Misappropriation, concealment, or conversion of any money
                  or property of the Company.

                  (v) Being under the habitual influence of intoxicating liquors
                  or controlled substances while in the course of employment.

                  (vi) Reckless and wanton conduct which endangers the safety of
                  other  persons or property  during the course of employment or
                  while on premises leased or owned by the Company.

                  (vii) The performance of duties in a habitually unsatisfactory
                  manner  after  being  repeatedly  advised  in  writing  by the
                  Company of such unsatisfactory performance.

                  (viii)  Continued  incapacity  on the  part  of  Executive  to
                  perform his duties, unless waived by the Company.

            5.2 Termination Without Cause.

                        5.2.1 Disability. Executive's employment shall terminate
upon Executive becoming totally or permanently  disabled for a period of six (6)
months or more. For purposes of this Agreement, the term "totally or permanently
disabled"  or "total or permanent  disability"  means  Executive's  inability on
account  of  sickness  or  accident,  whether or not job  related,  to engage in
regularly or to perform  adequately his assigned  duties under this Agreement as
determined reasonably and in good faith by the Company. Prior to terminating the
Agreement  pursuant to this provision,  the Company shall engage and consult one
or more physicians as may be reasonable. In the event of termination pursuant to
this  paragraph,  Executive  shall be entitled to receive any accrued and unpaid
base  salary and any and all  accrued,  earned but  unpaid  bonuses or  benefits
described  in  Section  4 to which  Executive  is  entitled  on the date of such
termination.  All other rights  Executive  has under any benefit or stock option
plans and programs  shall be  determined  in  accordance  with the terms of such
plans and programs.

                        5.2.2  Death.  Executive's  employment  shall  terminate
immediately upon the death of Executive. Upon such termination,  the obligations
of Executive  and Company  under this  Agreement  shall  immediately  cease.  If
Executive's  employment is terminated pursuant to this paragraph,  Company shall
pay Executive's beneficiary or beneficiary designated by Executive in writing to
the Company, or in the absence of such beneficiary, Executive's estate, shall be
entitled  to receive  (i) any  accrued  but unpaid  base  salary and any and all
accrued,  earned but unpaid bonuses or benefits  described in Section 4 to which
Executive is entitled on the date of such termination, and (ii) Executive's then
current  base  salary  through  ninety  (90)  days  after  the  date of death in
accordance  with Company's  payroll  procedures as if Executive's  employment by
Company had continued for such period.  All other rights Executive has under any
benefit or stock option plans and programs  shall be  determined  in  accordance
with the terms and conditions of such plans and programs.

                                       4
<PAGE>

                        5.2.3 Election By Executive.  Executive's employment may
be  terminated  at any time by  Executive  upon not less than  ninety  (90) days
written  notice by Executive to the Board of Directors.  Upon such  termination,
the  obligations  of the  Executive  and  Company  under  this  Agreement  shall
immediately  cease.  In the event of  termination  pursuant  to this  paragraph,
Executive  shall be  entitled  to receive any accrued and unpaid base salary and
any and all accrued,  earned but unpaid bonuses or benefits described in Section
4 to which  Executive  is  entitled on the date of such  termination.  All other
rights  Executive has under any benefit or stock option plans and programs shall
be determined in accordance with the terms of such plans and programs.

                  5.2.4  Election  By  Company.  Executive's  employment  may be
terminated  at any time by the  Company  upon not less  than  ninety  (90)  days
written  notice  by  the  Company  to  Executive.  Upon  such  termination,  the
obligations of the Executive and Company under this Agreement shall  immediately
cease. In the event of termination  pursuant to this paragraph,  Executive shall
be  entitled  to receive (i) any accrued and unpaid base salary and (ii) any and
all  accrued,  earned but unpaid  bonuses or benefits  described in Section 4 to
which Executive is entitled on the date of such  termination.  Additionally,  in
the event of termination of Executive's  employment with the Company pursuant to
this  Section  5.2.4,  the Company  shall pay to  Executive  (i) In the event of
Executive's  termination  within the first year of the Term, Two Hundred percent
(200%) of  Executive's  Annual Salary for the remainder of the Term,  payable on
the date of termination; (ii) In the event of Executive's termination within the
second year of the Term, One Hundred Fifty percent (150%) of Executive's  annual
salary for the remainder of the Term,  payable on the date of  termination;  and
(iii) In the event of Executive's termination within the third year of the Term,
One Hundred  Twenty Five percent  (125%) of  Executive's  annual  salary for the
remainder  of the Term,  payable on the date of  termination..  All other rights
Executive  has under any benefit or stock  option  plans and  programs  shall be
determined in accordance with the terms of such plans and programs.

            5.3  Surrender  of Records and  Property.  Upon  termination  of his
employment with the Company, Executive shall deliver promptly to the Company all
records,  electronic media,  manuals,  books, blank forms,  documents,  letters,
memoranda,  notes, notebooks,  reports, data, tables, and calculations or copies
thereof,  which are the  property of the Company and which  relate in any way to
the business,  products,  practices or techniques of the Company,  and all other
property (keys, office equipment,  computers, mobile phones, credit cards, etc.)
of the  Company  and  Proprietary  Matter,  including  but not  limited  to, all
documents  which in whole or in part contain any trade  secrets or  confidential
information of the Company, which in any of these cases are in his possession or
under his control.

                                       5
<PAGE>

            5.4 Full  Satisfaction of Claims.  The parties hereto agree that the
benefits  upon  termination  described  in  this  Section  5 are  to be in  full
satisfaction,   compromise  and  release  of  any  claims  arising  out  of  any
termination  of the  Executive's  employment  pursuant to Section 6(c), and such
amounts shall be contingent upon the  Executive's  delivery of a general release
of such claims upon termination of employment in a form reasonably  satisfactory
to the Company,  it being understood that none of the benefits shall be provided
unless and until the Executive determines to execute and deliver such release.

            5.5 Survival of Terms. Notwithstanding termination of this Agreement
as provided in this Section 5 or any other termination of Executive's employment
with the Company,  Executive's  obligations under Sections 6, 8, 9 and 10 hereof
shall survive any termination of Executive's  employment with the Company at any
time and for any reason.

      6.  Proprietary  Matter.  Except as  permitted or directed by the Company,
Executive  shall not during the term of his employment or at any time thereafter
divulge,  furnish,  disclose,  or make  accessible  (other than in the  ordinary
course  of the  business  of the  Company)  to  anyone  for  use in any  way any
confidential,  secret,  or  proprietary  knowledge or information of the Company
("Proprietary Matter") which Executive has acquired or become acquainted with or
will  acquire or become  acquainted  with,  whether  developed  by himself or by
others, including, but not limited to, any trade secrets, confidential or secret
designs,  processes,  formulae, software or computer programs, plans, devices or
material  (whether or not patented or patentable,  copyrighted or copyrightable)
directly or indirectly useful in any aspect of the business of the Company,  any
confidential  customer,  distributor  or  supplier  lists  of the  Company,  any
confidential or secret development or research work of the Company, or any other
confidential,  secret or  non-public  aspects of the  business  of the  Company.
Executive  acknowledges  that the  Proprietary  Matter  constitutes a unique and
valuable asset of the Company acquired at great time and expense by the Company,
and that any  disclosure or other use of the  Proprietary  Matter other than for
the sole benefit of the Company  would be wrongful  and would cause  irreparable
harm to the Company. Both during and after the term of this Agreement, Executive
will  refrain  from  any  acts or  omissions  that  would  reduce  the  value of
Proprietary Matter to the Company. The foregoing obligations of confidentiality,
however,  shall not apply to any knowledge or information which is now published
or which  subsequently  becomes generally publicly known, other than as a direct
or indirect  result of the breach of this  Agreement by  Executive  nor shall it
apply to any  knowledge or  information  Executive had prior to the execution of
this Agreement.

      7. Ventures.  If, during the term of this Agreement,  Executive is engaged
in or associated with the planning or implementing of any project,  program,  or
venture  involving  the Company and a third party or parties,  all rights in the
project,  program, or venture shall belong to the Company and shall constitute a
corporate opportunity belonging exclusively to the Company.  Except as expressly
approved  in writing by the  Company,  Executive  shall not be  entitled  to any
interest in such project, program, or venture or to any commission, finder's fee
or other compensation in connection therewith, other than the compensation to be
paid to Executive as provided in this Agreement.

      8.  Non-Solicitation  of Employees.  During Executive's  employment by the
Company  hereunder and for the one (1) year period  following the termination of
such  employment  for any  reason,  Executive  shall  not,  either  directly  or
indirectly,  on his own behalf or in the service or on behalf of others solicit,
divert or hire away, or attempt to solicit,  divert or hire away any person then
employed full time by the Company.

                                       6
<PAGE>

      9. Non-Competition. Executive agrees that he shall not, during the term of
this Agreement, and for a period of one (1) year thereafter:

                  (i) directly or indirectly  own,  engage in, manage,  operate,
                  join,  control,  or participate in the ownership,  management,
                  operation,  or control of, or be connected  as a  stockholder,
                  partner, member, joint venturer,  director, officer, employee,
                  consultant,   agent,  beneficiary,   or  otherwise  with,  any
                  corporation,  limited  liability  company,  partnership,  sole
                  proprietorship,   association,   business,   trust,  or  other
                  organization,    entity   or   individual    which   develops,
                  manufactures  or markets  products or performs  services which
                  are competitive with or similar to the products or services of
                  the Company or its subsidiaries;  provided, that Executive may
                  own,  directly or indirectly,  securities of any entity traded
                  on any national  securities exchange or listed on the National
                  Association of Securities  Dealers Automated  Quotation System
                  if Executive does not, directly or indirectly,  own 1% or more
                  of any class of equity securities,  or securities  convertible
                  into  or  exercisable  or  exchangeable  for 1% or more of any
                  class of equity securities, of such entity;

                  (ii) call upon,  solicit,  direct, take away, provide products
                  or services to, or attempt to call upon, solicit, direct, take
                  away or provide  products or services to, or accept any orders
                  of business  from any  customers or clients of the Company for
                  products or services which are competitive  with or similar to
                  the products or services of the Company or its subsidiaries.

                  (iii) directly or indirectly  request or advise any present or
                  future supplier, service provider or financial resource of the
                  Company to withdraw,  curtail or cancel the furnishing of such
                  service or resource to the Company.

      10. Confidentiality.

            10.1 Confidentiality. In the course of performing services hereunder
on behalf of the Company and its affiliates,  Executive has had and from time to
time will have access to Confidential Information.  Executive agrees (i) to hold
the  Confidential  Information  in strict  confidence,  (ii) not to disclose the
Confidential  Information  to any person (other than in the regular  business of
the Company or its  affiliates),  and (iii) not to use,  directly or indirectly,
any of the Confidential  Information for any purpose other than on behalf of the
Company and its affiliates. All documents,  records, data, apparatus,  equipment
and  other  physical  property,   whether  or  not  pertaining  to  Confidential
Information,  that are  furnished to Executive by the Company or are produced by
Executive in connection with Executive's  employment will be and remain the sole
property of the Company. Upon the termination of Executive's employment with the
Company for any reason and as and when otherwise  requested by the Company,  all
Confidential  Information (including,  without limitation,  all data, memoranda,
customer lists,  notes,  programs and other papers and items, and  reproductions
thereof relating to the foregoing matters) in Executive's possession or control,
shall be immediately returned to the Company.

                                       7
<PAGE>

            10.2 Confidential  Information.  As used in this Agreement, the term
"Confidential  Information"  shall mean information  belonging to the Company of
value to the Company or with respect to which Company has right in the course of
conducting  its  business  and  the  disclosure  of  which  could  result  in  a
competitive  or other  disadvantage  to the  Company.  Confidential  Information
includes  information,  whether or not patentable or copyrightable,  in written,
oral,  electronic or other tangible or intangible  forms,  stored in any medium,
including,  by way of example  and without  limitation,  trade  secrets,  ideas,
concepts,  designs,   configurations,   specifications,   drawings,  blueprints,
diagrams,  models,  prototypes,  samples,  flow  charts  processes,  techniques,
formulas,  software,  improvements,  inventions,  domain names, data,  know-how,
discoveries,  copyrightable materials, marketing plans and strategies, sales and
financial  reports and forecasts,  customer lists,  studies,  reports,  records,
books,  contracts,  instruments,  surveys,  computer  disks,  diskettes,  tapes,
computer  programs and business  plans,  prospects  and  opportunities  (such as
possible  acquisitions or  dispositions of businesses or facilities)  which have
been  discussed or  considered by the  management  of the Company.  Confidential
Information  includes  information  developed  by  Executive  in the  course  of
Executive's  employment by the Company,  as well as other  information  to which
Executive  may  have  access  in   connection   with   Executive's   employment.
Confidential  Information also includes the  confidential  information of others
with  which  the  Company  has  a  business  relationship.  Notwithstanding  the
foregoing,  Confidential  Information does not include information in the public
domain, unless due to breach of Executive's duties under Section 10.1.

      11.  Assignment.  This Agreement  shall not be assignable,  in whole or in
part,  by either party  without the written  consent of the other party,  except
that the Company may,  without the consent of  Executive,  assign its rights and
obligations  under this  Agreement to any  corporation,  firm or other  business
entity (i) with or into which the Company may merge or  consolidate,  or (ii) to
which the Company may sell or transfer all or substantially all of its assets or
of which fifty percent (50%) or more of the equity  investment and of the voting
control is owned, directly or indirectly, by, or is under common ownership with,
the Company.  Upon such assignment by the Company,  the Company shall obtain the
assignees' written agreement enforceable by Executive to assume and perform, and
after the date of such assignment, the terms, conditions, and provisions imposed
by this Agreement upon the Company. After any such assignment by the Company and
such written agreement by the assignee, the Company shall be discharged from all
further  liability  hereunder and such assignee shall thereafter be deemed to be
the Company for the purposes of all provisions of this Agreement  including this
section.

12.  Indemnification.  The Company shall indemnify  Executive as provided in the
Delaware General Corporations Code, Company's Charter or Bylaws in effect at the
commencement of this Agreement.  The scope of indemnification to which Executive
is entitled  shall not be  diminished,  but may be expanded by the  Company,  by
amendment of the  Company's  Bylaws,  Articles of  Incorporation  or  otherwise.
Executive shall  indemnify and hold the Company  harmless from all liability for
loss,  damages  or  injury  resulting  from  the  negligence  or  misconduct  of
Executive.

      13. Liability  Insurance.  The Company shall provide, at its sole cost and
expense,  under  which  Executive  shall  be  covered,  Directors  and  Officers
Liability  Insurance  and Errors and Omissions  Liability  Insurance in coverage
amounts not less than $10 million, respectively.

                                       8
<PAGE>

      14. Miscellaneous.

            14.1  Preparation  of Agreement.  This Agreement was prepared by the
Company solely on behalf of such party. Each party  acknowledges that: (i) he or
it had the advice of, or sufficient  opportunity  to obtain the advice of, legal
counsel  separate and  independent  of legal counsel for any other party hereto;
(ii) the terms of the  transactions  contemplated by this Agreement are fair and
reasonable to such party; and (iii) such party has voluntarily  entered into the
transactions  contemplated  by this Agreement  without duress or coercion.  Each
party  further  acknowledges  that such party was not  represented  by the legal
counsel  of  any  other  party  hereto  in  connection  with  the   transactions
contemplated  by  this  Agreement,  nor  was  he  or  it  under  any  belief  or
understanding  that such legal counsel was  representing  his or its  interests.
Except as expressly set forth in this Agreement,  each party shall pay all legal
and  other  costs and  expenses  incurred  or to be  incurred  by such  party in
negotiating  and  preparing  this  Agreement;  in  performing  due  diligence or
retaining professional advisors; in performing any transactions  contemplated by
this  Agreement;  or in complying  with such party's  covenants,  agreements and
conditions  contained  herein.  Each party agrees that no conflict,  omission or
ambiguity in this Agreement,  or the interpretation  thereof, shall be presumed,
implied or otherwise  construed against any other party to this Agreement on the
basis that such party was responsible for drafting this Agreement.

            14.2 Cooperation.  Each party agrees, without further consideration,
to cooperate and diligently  perform any further acts, deeds and things,  and to
execute and deliver any documents that may be reasonably  necessary or otherwise
reasonably required to consummate, evidence, confirm and/or carry out the intent
and provisions of this Agreement, all without undue delay or expense.

            14.3  Governing  Law.  This  Agreement  is made  under  and shall be
government  by and  construed  in  accordance  with  the  laws of the  State  of
California.

            14.4 Entire Agreement.  This Agreement contains the entire agreement
of the parties  relating to the subject  matter hereof and  supersedes all prior
agreements  and  understandings  with  respect to such subject  matter,  and the
parties hereto have made no agreements,  representations or warranties  relating
to the subject matter of this Agreement which are not set forth herein.

            14.5 Legal  Proceedings.  Should any party  institute  or should the
parties  otherwise  become a party to any  action or  proceeding  to  enforce or
interpret this Agreement,  the prevailing party in any such action or proceeding
shall be  entitled  to  receive  from the  non-prevailing  party  all  costs and
expenses of prosecuting  or defending the action or  proceeding.  This Agreement
and the  rights  of each  party  under  this  Agreement  shall be  governed  by,
interpreted under, and construed and enforced in accordance with the laws of the
State of California.

            14.6  Withholding   Taxes.  The  Company  shall  undertake  to  make
deductions,  withholdings  and tax reports with respect to payments and benefits
under this Agreement to the extent that it reasonably and in good faith believes
that it is  required  to make such  deductions,  withholdings  and tax  reports.
Payments under this Agreement  shall be in amounts net of any such deductions or
withholdings.  Nothing in this  Agreement  shall be  construed  to  require  the
Company to make any payments to  compensate  the  Executive  for any adverse tax
effect  associated  with  any  payments  or  benefits  or for any  deduction  or
withholding from any payment or benefit.

                                       9
<PAGE>

            14.7  Amendments.  No amendment or  modification  of this  Agreement
shall be deemed effective unless made in writing signed by the parties hereto.

            14.8 No Wavier.  No term or  condition  of this  Agreement  shall be
deemed to have been  waived  nor shall  there be any  estoppel  to  enforce  any
provisions  of this  Agreement,  except by a statement in writing  signed by the
party against whom enforcement of the waiver or estoppel is sought.  Any written
waiver shall not be deemed a continuing waiver unless specifically stated, shall
operate  only  as to the  specific  term  or  condition  waived  and  shall  not
constitute  a waiver of such term or  condition  for the future or as to any act
other than that specifically waived.

            14.9  Severability.  To the extent any  provision of this  Agreement
shall be invalid or unenforceable,  it shall be considered deleted here from and
the remainder of such  provision and of this  Agreement  shall be unaffected and
shall continue in full force and effect.

            14.10 Notices. Any and all notices, requests or other communications
required or  permitted  in or by any  provision  of this  Agreement  shall be in
writing and may be delivered  personally  or by certified  mail  directed to the
addressee at such  person's or entity's last known post office  address,  and if
given by certified  mail,  shall be deemed to have been delivered when deposited
in such, mail postage prepaid.

      This  Agreement is executed on the date first  written  above at Westlake,
California.

Company:                                 Executive:
Xact Aid Inc.

By: _________________________            ___________________________
Title Fred De Luca, Secretary                Federico G. Cabo
_____________________________

                                       10
<PAGE>

                                    EXHIBIT A

                                       11

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