EMPLOYMENT AGREEMENT



                                    Joey Jung



                  THIS EMPLOYMENT AGREEMENT (the "Agreement") is made and

entered into as of the 30th day of October, 2004 (the "Effective Date"), by and

between Power Technology, INC., a Nevada corporation ("Employer"), and Joey

Jung, an individual residing in Vancouver, British Columbia, Canada

("Executive").



                              W I T N E S S E T H:



                  WHEREAS, Employer and Executive desire to enter into an

agreement regarding Executive's employment with Employer pursuant to the terms

and conditions set forth herein;



                  NOW, THEREFORE, in consideration of the premises and the

mutual covenants contained herein, and other good and valuable consideration,

the receipt and sufficiency of which is hereby acknowledged, and intending to be

legally bound hereby, the parties covenant and agree as follows:



                  1. Employment. Employer hereby employs Executive and Executive

hereby accepts employment with Employer on the terms and conditions set forth in

this Agreement.



                  2. Term of Employment. The term of Executive's employment

hereunder (the "Term") shall commence as of 22 day of November, 2004 (the

"Commencement Date") and shall continue (subject to extension and termination by

either Employer or Executive, all as hereinafter provided) for an initial term

(the "Initial Term") expiring on 21 day of November, 2006 (the "Expiration

Date"). The Expiration Date shall, unless terminated by Employer or Executive,

be automatically extended for successive one (1)-year periods following the

expiration of the Initial Term. If Employer desires to terminate Executive's

employment under this Agreement at the end of the Initial Term or at the end of

any succeeding one (1)-year term, Employer shall give written notice of such

desire to Executive at least ninety (90) days prior to the expiration of the

Initial Term or any succeeding one (1)-year term. If Executive desires to

terminate Executive's employment under this Agreement at the end of the Initial

Term or at the end of any succeeding one (1)-year term, Executive shall give

written notice of such desire to Employer at least ninety (90) days prior to the

expiration of the Initial Term or any succeeding one (1)-year term. At the

expiration of the then-existing term, Employer shall have no further obligation

to Executive other than payment of any earned and unpaid Base Salary (as

hereafter defined) under Section 3.a. and any earned and unpaid Bonus (as

hereafter defined) under Section 3.b., and Executive shall have no further

obligation to Employer except as set forth in Sections 8, 9, 10 and 11.



                  3. Compensation and Other Benefits.



                           a. As compensation for all services rendered by

Executive in performance of Executive's duties or obligations under this

Agreement, Employer shall pay Executive the following base salary (the "Base

Salary"):



            86,250 Canadian Dollars per year through 21 day of November 2005,

            Increasing to 97,750 Canadian Dollars per year from 22 day of

            November 2005, to 21 day of November 2006, increasing in each

            subsequent year by no less than 10% of Base Salary or such greater

            amount as set by the Compensation Committee.





                                       1

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Executive's Base Salary shall be payable in equal semi-monthly installments or

in the manner and on the timetable which Employer's payroll is customarily

handled or at such intervals as Employer and Executive may hereafter agree to

from time to time.



                           b. Upon the execution of this agreement, Executive

shall be entitled to a stock option to acquire 100,000 shares of the Employer's

common stock at a price of one half of one cent, $.005 U.S. Dollars, pursuant to

the terms of the Company's 2004-B Stock Option, SAR, and Stock Bonus Plan (the

"Plan"). Executive shall also be entitled stock options to acquire an additional

900,000 shares of the Employer's common stock at a price of one half of one

cent, $.005 U.S. Dollars, pursuant to the terms of the Company's 2004-B Stock

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