PROMOTIONAL AGREEMENT BETWEEN TITAN MOTORCYCLE CO. OF
             AMERICA (TITAN) AND PAISANO PUBLICATIONS INC. (PAISANO)


PAISANO  agrees  to  supply to TITAN a total of  $500,000  worth of  promotional
services over a two-year period  beginning  January 1, 1998 through December 31,
1999. These services will be selected purely at the discretion of TITAN.

TITAN will pay for these services by:

     a) Transferring  60,000 shares of it's restricted  treasury common stock to
PAISANO.

     b) Supplying  $250,000 worth of TITAN motorcycles at regular dealer pricing
and terms.  Motorcycles  will be supplied in two increments,  the first $125,000
worth by December 31, 1997 and the second  $125,000  worth in December 1998. Any
invoice  overages on these shipments will be invoiced and payment due at time of
shipping.

PAISANO  agrees  to at all  times  maintain  a  continuous  stock  of new  TITAN
motorcycles  offered  for  sale  on the  showroom  floor  of  their  Easyriders,
Columbus,  Ohio retail  store (or any other such  PAISANO  owned retail store as
they may  choose).PAISANO  further  agrees  that it  shall  exercise  it's  best
efforts,  consistent  with good  business  practices  to ensure  that a mutually
agreeable  inventory  of  new  TITAN  motorcycles  is  continuously   maintained
throughout the two year agreement period.

TITAN agrees to sell five (5) TITAN  motorcycles to PAISANO with delayed payment
terms. Payment for these five (5) motorcycles will be made by PAISANO the sooner
of the first of January, February, March, April, and May of 1998 or the date the
specific motorcycle is sold.

Promotional services provided under this agreement will be at the following cost
rates:

     a) Magazine ad space (full page, four color, full bleed)

               Easyriders Magazine       -     $13,966 per insertion
               VQ                        -       2,763 per insertion
               Quick Throttle            -       1,789 per insertion
               In the Wind               -       2,474 per insertion

     b) Annual  Buyers guide -- Ten (10) pages at best  preferential  rate minus
fifteen percent (15%) agency discount. Placement in book to be first among other
advertisers inclusive of front cover and first nine pages.

     c) Rodeo and  Convention  circuit  services -- at best discount  granted to
most favored Paisano customers.

     d) Other  magazines,  special  editions,  events,  etc. -- at best discount
granted to most favored Paisano customers.

Should,  in TITAN'S sole discretion the full $500,000 not be spent by the end of
this agreement, PAISANO agrees to carryover any unused balance into the calendar
year 2000 at the same rates as indicated in this agreement.

TITAN and PAISANO  further  agree to use their joint  efforts to place a maximum
number  of  feature  articles  in  PAISANO  publications  with  TITAN  and TITAN
MOTORCYCLES  as their  primary  subject  matter.  Included  would be a  separate
monthly  listing of TITAN'S  exhibition  truck  schedule  and similar such TITAN
promotional information.


AGREED UPON BY:


/s/ Brian Wood, President               1/21/98
- ----------------------------------      --------------
Brian Wood                              Date
President
Paisano Publications, Inc.


/s/ Francis S. Keery                    1/27/98
- ----------------------------------      --------------
Francis S. Keery                        Date
Chairman, CEO
Titan Motorcycle Co. of America

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