Exhibit 10.8
                                    AGREEMENT

     This Agreement (the "Agreement"),  is entered into by and between FULL TILT
SPORTS,  INC.,  a Colorado  corporation  with its  principal  place of  business
located at 212 North Wahsatch, Suite 205, Colorado Springs,  Colorado 80903 (the
"Company") and LEROY LANDHUIS ("Landhuis") effective as of August 18, 2000.

                                    RECITALS

     WHEREAS,  Landhuis acquired 3,594,256 shares of Common Stock of the Company
pursuant to the Subscription  Agreement and other documents associated therewith
dated April 19, 2000 (collectively, the "Transaction");

     WHEREAS,  Landhuis and the Company desire to confirm their understanding as
to accounting and tax treatment of the Transaction in order to properly  prepare
respective tax returns.

     WHEREAS,  the  Company  has  consulted  with  its  independent  accountants
concerning  this Agreement and in connection  with the preparation and filing of
the Form 10-Q of the  Company  for the  quarter  ended  June 30,  2000,  and has
learned  that  notwithstanding  the bona  fide and  arm's  length  nature of the
Transaction,  that the  Company's  accountants  believe that certain stock grant
compensation must be taken into account for financial  accounting  purposes even
though such  compensation was not within the contemplation of the parties to the
Transaction.

     NOW, THEREFORE, in consideration of the Recitals that shall be deemed to be
a  substantive  part  of this  Agreement  and the  mutual  covenants,  promises,
agreements,  representations  and warranties  contained in this  Agreement,  the
parties hereby covenant, promise, agree, represent and warrant as follows:

     1.  Accounting.  Upon the  advice  of the  independent  accountants  of the
Company,  the Company is required to record, for financial statement  accounting
purposes  only,  stock grant  compensation  of an aggregate of $648,000 over the
lives  of  the  consulting  and  rental  agreements  delivered  as  part  of the
Transaction. The parties agree that the financial statement adjustment described
in this  paragraph  is not  intended  to,  and does not,  value or  measure  any
consulting or rental income to Landhuis.  The Transaction  documents  accurately
establish the value of the shares transferred to Landhuis for consulting, rental
and other purposes.

     2.  Tax.  The  Company   represents  and  warrants  to  Landhuis  that  the
compensation  expense recorded by the Company as described in Section 1 will not
change the income to Landhuis of the  Transaction  for tax  purposes,  which the
parties agree is as follows:

     (a)  No more than $117,844 of income in 2000 for consulting  services,  for
          which the Company  will send to Landhuis a Form 1099  evidencing  such
          amount;




     (b)  No more than  $193,744  of income  in 2000 for rent  (includes  future
          pre-paid rent and accordingly, no income to Landhuis in 2001);

     (c)  No more than $220,000 of income in 2001 for consulting services;

     (d)  Ordinary  income in any year of any cash  amounts  paid to Landhuis by
          the Company.

The  Company  agrees  that  it  will  not  act in any  manner  contrary  to this
Agreement,  nor will it file any tax  return,  or  execute  or  deliver  any tax
document,  contrary to this  paragraph 2, and will  indemnify  and hold Landhuis
harmless for taxes,  interest and penalties on income in excess of the foregoing
(or that would  result from any  acceleration  of the receipt of income into any
tax year of Landhuis ending earlier than the years set forth above) or resulting
from any action of the Company  contrary to this  Agreement,  provided  however,
that Landhuis shall pay all of his taxes  attributable  to income as a result of
any sale by him of securities of the Company.

Section 8 of the Subscription  Agreement is incorporated by reference herein and
shall govern as to any  interpretation  or matters  covered by the provisions of
such Section.

     IN WITNESS  WHEREOF,  the Parties  hereto have executed and delivered  this
Agreement, on the date first above written.


     COMPANY:                                    LANDHUIS:

     Full Tilt Sports, Inc.


     By:  /s/ Roger K. Burnett                By:  /s/ LeRoy Landhuis
         ---------------------------               -------------------------
         Roger K. Burnett, President               LeRoy Landhuis