Force Protection Inc – ‘10KSB/A’ for 12/31/02 – EX-10

On:  Friday, 4/18/03, at 5:50pm ET   ·   As of:  4/21/03   ·   For:  12/31/02   ·   Accession #:  1072588-3-151   ·   File #:  0-22273

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Amendment to Annual Report — Small Business   —   Form 10-KSB
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10KSB/A     Amendment to Annual Report -- Small Business          56    306K 
 2: EX-10       Material Contract                                      4     17K 
 3: EX-10       Material Contract                                      4     17K 
 4: EX-10       Material Contract                                      1      7K 
 5: EX-10       Material Contract                                      3     12K 
 6: EX-10       Material Contract                                      3     12K 
 7: EX-10       Material Contract                                      2     12K 
 8: EX-10       Material Contract                                      1      9K 
 9: EX-10       Material Contract                                      1      8K 
10: EX-10       Material Contract                                      1      8K 
11: EX-10       Material Contract                                      3     17K 
12: EX-10       Material Contract                                      1      5K 
13: EX-99.14 OTH CONSENT  Miscellaneous Exhibit                        1      7K 

EX-10   —   Material Contract

 Sonic Jet Performance, Inc.
 15662 Commerce Lane
Huntington Beach, CA

March 17, 2003                                                                

Dear Rao:                                                                     

       This letter confirms that we have modified your employment with the
Company on the following terms, to begin January 2, 2002:                     

1.      Your position will be President and CFO reporting to the Board of       
Directors.                                                      
2.      Your monthly base salary is $5,400                                      
3.      In addition to your base salary you will be entitled to receive stock   
       equal to 1,200,000 shares that will vest in equal portions over 3 years
    on each anniversary from the date of this letter. The accrual starts
      on the first day of each quarter of the year and shares will be issued
at the end of each quarter.                                     
4.      You are entitled to receive holidays, vacation, medical and dental      
      insurance, and other standard Company benefits, all in accordance with
       standard Company plans and any revisions thereof. Currently the Company
does not offer any medical or dental benefits.                  
5.      You shall be reimbursed for reasonable and necessary business expenses  
authorized and verified to Company's satisfaction.              
6.      Your employment is at will. Either you or the Company may terminate     
       this employment relationship at any time for any reason with or without
  cause. No one has the authority to change this except by a written
     agreement signed by both parties. Four weeks notice would be expected
      from you and would be given to you in lieu of termination. You will be
given Six months severance pay immediately upon termination.    
7.      We each mutually agree to arbitrate any and all differences, claims, or 
disputes, of every kind (statutory or other) arising out of your
  employment or its termination. Such arbitration would be in Orange
 County, California, or other mutually-agreed location, before the
  American Arbitration Association, and in lieu of any court action.

No other promises or representations have been made to you.   

       Please sign below and return the original to me to accept employment.

Very truly yours,                                             

-----------------------------                                 
Scott Ervin                                                   
Chairman, Sonic Jet Performance                               

Agreed to this ____ day of _______, 20__                      

-----------------------------                                 
Madhava Rao Mankal                                            

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10KSB/A’ Filing		Date		Other Filings
Filed as of:		4/21/03
Filed on:		4/18/03
		3/17/03
For Period End:		12/31/02		10KSB,  NT 10-K
		1/2/02
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