BANGLA PROPERTY MANAGEMENT, INC.
                          (A Development Stage Company)


EXHIBIT 10.17-MATERIAL CONTRACT-PROPERTY RENTAL AGREEMENT-SHAWN ERICKSON
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                                RENTAL AGREEMENT
                                ----------------

By agreement  made this 1st day of July,  2001 between  Shawn  Erickson,  of Los
Altos,  California,( the "Owner"), and Bangla Property Management,  Inc., of Los
Altos, California, (the " Renter").

PROPERTY DESCRIPTION

Portion of:  1473 Richardson Avenue, Los Altos, California, USA 94024

The  Owner  warrants  that to the  best of  his/her  knowledge  and  belief  the
aforesaid  property is free of faults or  deficiencies,  which would  affect its
safe and dependable operation under normal and prudent usage.

RENTAL PERIOD

The Owner agrees to rent the above-described property to the Renter for a period
of two years, beginning July 1, 2001 and ending June 30, 2003.

USE OF PROPERTY

Executive Offices

The Renter further agrees that the rented  property [1] shall not be used beyond
any rated capacity; [2] shall not be used for any illegal purpose; [3] shall not
be used in any manner for which it was not designed, built, or designated by the
manufacturer;  [4]  will  not be used in a  negligent  manner;  [5]  will not be
operated by any other person  without the written  permission of the Owner;  and
[6] will not be removed from the designated area of use or operation.

AREA OF USE OR OPERATION

The  Renter  agrees to  operate/use  the  above-described  property  only at the
following location or within the following described area(s):

N/A

INSURANCE

The Renter hereby agrees that he shall fully indemnify the Owner for any and all
damage  to or  loss  of the  rented  property  and any  accessories  or  related
equipment  during  the term of this  Agreement  whether  caused by fire,  theft,
flood,  vandalism,  or any other cause, except that which shall be determined to
have been caused by a fault or deficiency of the rented  property,  accessories,
or equipment.


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                        BANGLA PROPERTY MANAGEMENT, INC.
                          (A Development Stage Company)


RENTAL RATE

The Renter  hereby agrees to pay the Owner at the rate of $ 100.00 per Month for
the use of said property. Any utilities consumed by the Renter shall be paid for
by the Owner.

DEPOSIT

(begin text deleted)
The Renter  further  agrees to make a deposit of $    N/A               with the
                                                  --------------------
Owner.  Said deposit to be used, in the event of loss of or damage to the rented
property  during the term of this  Agreement,  to defray fully or partially  the
cost of necessary repairs or replacement.  In the absence of any damage or loss,
said deposit shall be credited  toward  payment of the rental fee and any excess
shall be returned to the Renter.
(end text deleted)

RETURN OF PROPERTY TO OWNER

The   Renter   hereby   agrees   to  return   the   rented   property   and  any
accessories/equipment  to the  Owner  at  1473  Richardson  Avenue,  Los  Altos,
California, USA, 94024 no later than June 30, 2003.

TERMINATION OF AGREEMENT

It is mutually  agreed that the Renter  shall have the right to  terminate  this
Agreement at any time by payment of one full day rental for each 24-hour  period
or any part  thereof,  during  which the Renter has retained  possession  of the
property and any accessories/ equipment during the term of this Agreement.

IN WITNESS WHEREOF, the parties hereto hereby execute this Agreement.



     /s/ Shawn Erickson                     July 1, 2001
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Renter's Signature                          Date



     /s/ Shawn Erickson                     July 1, 2001
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Owner's Signature                           Date








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