PPOL INC
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ppol_10kex10-1.txt
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EXHIBIT 10.1  -  Yamamoto Employment Contract

                              EMPLOYMENT AGREEMENT

This Agreement made and entered into by and between AJOL ("Employer") and Masao
Yamamoto ("Employee") as follows.

1.       Purpose
         a.       Employee engages in occupations which are set forth in Section
                  2 of this Agreement by direction of Employer and fulfills the
                  duties responsibly as ordered by Employer. Employer shall pay
                  a salary for the service.

2.       Occupation
         a.       Employee will work as a director having duties in an
                  employee's capacity whose core duties include in-house and
                  external negotiations, procedure arrangements and supervision
                  and direction for staff. Employee will engage in general
                  business of AJOL such as sales, assisting sales, office
                  duties, counting, production, distribution, operations and
                  technology as directed by Employer.

3.       Work location
         a.       Regular work location is in the Tokyo metropolitan and within
                  Kanto prefectures.

4.       Work hours
         a.       Regular shift is from 8:00 am to 5:00 pm.
         b.       Evening shift is from 1:00 pm to 10:00 pm.
         c.       Holiday shift hour is from 9:00 am to 5:00 pm.
         d.       Regular break is from 12:00 pm to 1:00 pm and from 3:00 pm to
                  3:20 pm in regular shift and also from 6:00 to 6:40 for
                  overtime work passed 8:00pm. Evening shift break is from 3:00
                  pm to 3:20 pm and from 6:00 pm and 7:00 pm in evening shift.
         e.       However, work hours and break time may change for overtime
                  work as needed.

5.       Holidays
         a.       Regular holidays are Saturdays, Sundays, national holidays and
                  holidays which Employer sets forth.

6.       Supervision of work hours
         a.       Work attendance shall be under the self direction and
                  supervision of the employee. Employee shall submit a
                  designated form only for the case of work absence, and
                  tardiness and leaving early more than half day. Arriving after
                  1:00 pm and leaving before 12:00 pm are considered as
                  tardiness and leaving early of more than half day.

7.       Annual paid holidays
         a.       Employee will receive 10 days paid vacation per year on the
                  1st day of the month after having worked at least 80% of the
                  business days for three months since joining. One vacation day
                  will be added after the 2nd year and two days will be added

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                  each year after 3 years 3 months of continued work. The
                  maximum cumulative vacation accrual allowed is 20 days.
         b.       Employee shall submit the designated form to the department
                  manager and acquire an approval at least one day before
                  Employee uses paid vacation. Employee shall submit a request
                  to President by fax by 12:00am of the day before in cases
                  where the manager is not available. If Employee doesn't have
                  access to fax machine, Employee must report to President by
                  text messaging to his cellular phone or leaving a message in
                  his voicemail.
         c.       Failure to properly submit the vacation request form will
                  result in an uncompensated absence day whereby Employee can't
                  transfer such absence days to annual paid vacations.

8.       Salary
         a.       Annual salary of Employee is 12,000,000 yen which 1,000,000
                  yen is paid monthly.
         b.       Payroll closing date is every 15th and payment of salary from
                  16th of the previous month to 15th of the current month is
                  made into the designated bank account every 25th of the month.
         c.       Commuting allowances to the work location which is calculated
                  by the shortest route AJOL approves will be paid to Employee,
                  who uses public transportation such as train and bus. However,
                  the maximum allowance amount should not exceed the nontaxable
                  amount.
         d.       For Employee's absence, the following amount per day will be
                  deducted by the half day. Monthly salary x12 / (365-120)
         e.       Travel allowance will be paid as follows.
                  1)       Employee shall submit a business trip request form at
                           least one day before business trip and be self-proven
                           to receive travel allowance unless the trip is an
                           accidental event.
                  2)       Approved accommodation charge shall be 12,000 yen.
                  3)       Daily allowance shall be 6,000 yen per day.
                  4)       In cases where Employee stays at an accommodation
                           whose charge exceeds the approved accommodation
                           charge, actual expenses will be paid only if Employee
                           stays with President or business partners.
                  5)       Accommodation charges will be paid if Employee stays
                           the day before or after events for the convenience of
                           traveling or preparation.
                  6)       Daily allowance is paid when Employee attends Acube
                           events or events held by business partners, memorial
                           services of employees and business partners, and
                           other important duties in Tokyo and the 3 neighboring
                           prefectures
                  7)       Travel allowance will be paid but not daily allowance
                           when Employee attends in-house and external training,
                           in-house events, events held by business partners,
                           wedding receptions of employees and business
                           partners, and the duties to pursue these events.

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                  8)       Daily allowance will be paid for the departure and
                           arrival days if the duties on the business trip are
                           important, but will not be paid during traveling and
                           days for preparations.
                  9)       However, daily allowance will be paid for the days if
                           a day before events or two days after events fall
                           into a holiday in Tokyo and 3 neighboring
                           prefectures.

9.       Service Discipline
         a.       Employee shall work honestly according to Employer's direction
                  and strictly observe the company rules and regulations and the
                  service discipline of the pledge.

10.      Approval items by Employee
         a.       Employee accepts the approval items on the pledge.

11.      Indemnification for damage
         a.       If Employee causes damage or loss of credibility to Employer
                  by violating the company rules and the other regulations by a
                  serious mistake or deliberatively, Employee must bear the
                  responsibility for indemnifying the damage.

12.      Term
         a.       Agreement term is from July 1, 2003 to June 30, 2004.
         b.       Employer will give a renewal or termination notice to Employee
                  at least 30 days before the termination date.

13.      Termination
         a.       Employer can terminate this Agreement by giving a notice if
                  there are any significant reasons caused by Employee violating
                  the company rules and the other regulations.
         b.       Employer can terminate this Agreement by giving at least 30
                  days notice if there are particular unavoidable reasons.
         c.       Employee can terminate this Agreement by giving 14 days notice
                  to Employer based on 15th or the end of month being a
                  termination date as a general rule.

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