EXHIBIT 10.17

                               EMPLOYMENT CONTRACT


1.       EMPLOYER AND EMPLOYEE:
         This  contract  of  employment  is  executed  and  entered  into by and
         between:
         "The EMPLOYER": Eugene Science, Inc. (CEO: Seung-kwon Noh)
         "The EMPLOYEE": TAE-HWAN LEE
                         (National Registration Number: 630611-1019719)

2.       TERMS AND CONDITIONS:
         The EMPLOYER and the EMPLOYEE agree on the following:
         1)       Duration of the Contract: From 01/04/2003 to _______________
                                                 (dd/mm/yy)      (dd/mm/yy)
         2)       Division/Team: SALES & MARKETING
         3)       Position/Title: VICE PRESIDENT
         4)       Salary: 63,600,000 Wons per year
         5)       Salary Payment Method
                  The monthly wage amount is equal to the annual  salary  amount
                  (stated above)  divided by 12 (twelve).  The EMPLOYER will pay
                  the EMPLOYEE the monthly wage on the 21st day of each month.
         6)       Severance/Retirement Pay
                  Refer to the Company Policy regarding Severance/retirement pay
                  for executive officers.

3.       MISCELLANEOUS
         The  Company  Policy  will be  referred  to for  matters  that  are not
         specified herein.

CONTRACT DATE:    01/04/2003

THE EMPLOYER:     Seung-kwon Noh, CEO, Eugene Science

THE EMPLOYEE:     Name TAE-HWAN LEE (signature) /S/ TAE-HWAN LEE
                       ------------             -----------------
                  Address #504-501 CHEONG SOL MA EUL GEUMGOK-DONG  BUNDANG-DU
                          Sungnam-City  Gyeong Gi-Do, KOREA