0001013762-05-000526 Sample Contracts

EXHIBIT 10.2 COMPENSATION AGREEMENT

Compensation Agreement • May 6th, 2005 • Airtrax Inc • Industrial trucks, tractors, trailors & stackers

• Contract Type
  Compensation Agreement
• Filed
  May 6th, 2005
• Company
  Airtrax Inc
• Industry
  Industrial trucks, tractors, trailors & stackers

WITNESSETH:

Consulting Agreement • May 6th, 2005 • Airtrax Inc • Industrial trucks, tractors, trailors & stackers • New Jersey

• Contract Type
  Consulting Agreement
• Filed
  May 6th, 2005
• Company
  Airtrax Inc
• Industry
  Industrial trucks, tractors, trailors & stackers
• Jurisdiction
  New Jersey

This Agreement is entered on January 12, 2005 between Swingbridge Capital LLC. together with Brian F. Klanica (the "Consultant"), of 908 South Meriden Road, Cheshire CT 06410 and Airtrax Inc. (the "Company") of 870B Central Avenue, Hammonton, New Jersey 08037.