1 EXHIBIT 10.03 CONSULTING CONTRACT THIS AGREEMENT IS MADE AND ENTERED IN TO ON THIS 3 DAY OF APRIL, 1998 BY AND BETWEEN FIBR-PLAST CORPORATION (FIBR-PLAST) AND TOM WATSON WHEREAS FIBR-PLAST DESIRES CERTAIN SERVICES AND WORK KNOWLEDGE WHICH THE CONSULTANT IS CAPABLE OF GIVING, AND WHEREAS THE CONSULTANT IS DESIROUS OF GRANTING HIS SERVICES TO FIBR-PLAST, THE FOLLOWING AGREEMENT IS MADE: FIBR-PLAST AGREES TO HIRE CONSULTANT FOR A PERIOD OF TWO YEARS COMMENCING ON THE ABOVE DATE. FIBR-PLAST AGREES TO PAY CONSULTANT A FEE OF $2500.00 PER MONTH PLUS CONSULTANTS REASONABLE EXPENSES. CONSULTANT AGREES THAT HE WILL CONSULT WITH FIBR-PLAST ON A CONTINUING BASIS DURING THE PERIOD OF TIME ABOVE SPECIFIED AND WILL NOT SERVE AS A CONSULTANT TO ANY COMPETITORS, OR MANUFACTURERS OF SIMILAR PRODUCTS OR DESIGNS, AND WILL BE AVAILABLE TO FIBR-PLAST ON A CONTINUING "ON CALL" BASIS. THIS AGREEMENT CAN BE CHANGED ONLY IN WRITING WITH THE AGREEMENT OF BOTH PARTIES. ACCEPTED AND AGREED TO ACCEPTED AND AGREED TO /s/ Tom Johns /s/ Tom Watson - ----------------------- ---------------------- FIBR-PLAST CORPORATION CONSULTANT