EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT is made as of the 31st day of January, 2000

BETWEEN:

     International  PBX Ventures  Ltd.THE  FOREST  INDUSTRY  ONLINE INC., a body
     corporate  formed pursuant to the laws of the Province of British  Columbia
     and having its registered office located at P.O. Box 49170, Suite 2000, 595
     Burrard Street, Vancouver, British Columbia V7X 1R7

                                (the "Company")

AND:

     JOE PERRATON,  Businessman,  of 7491  Elizabeth  Way,  Lantzville,  British
     Columbia, V0R 2H0
                                (the "Employee")


WHEREAS:

A.   the Company is a subsidiary of Autoeye,  Inc. ("Autoeye") and is engaged in
     the  business  of  providing   direct  customer   service  and  support  to
     businesses,  individuals and organizations  within the worldwide forest and
     wood product industries;

B.   the Employee is  experienced  in and  knowledgeable  in the business of the
     Company, and the industry within which the Company operates;

C.   the Company  requires the services of the Employee and wishes to employ the
     Employee on the terms and conditions set forth herein;

D.   in the course of the Employee's employment by the Company, the Employee has
     or will become privy to  proprietary  and  confidential  information of the
     Company; and

E.   as an inducement  to the Company to employ the  Employee,  the Employee has
     agreed  to  be  bound  by  the  provisions  of  this  Agreement  respecting
     confidentiality and competition with the Company.

NOW THEREFORE THIS AGREEMENT WITNESSES THAT in consideration of the premises and
the mutual  covenants,  agreements,  representations  and  warranties  contained
herein, the parties hereto hereby agree as follows:

                                    ARTICLE 1
                                   EMPLOYMENT
Employment

1.1  The Company  hereby  agrees to employ the Employee as its president and the
     Employee accepts such employment. In such capacity, the Employee shall have
     the duty and  responsibility  to operate the daily  business of the Company
     and shall report to and be directly  responsible to the boards of directors


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     of the Company (the  "Board").  The  Employee  shall  perform,  observe and
     conform to such duties and instructions as from time to time are reasonably
     assigned  or  communicated  to him by the Board  and  which are  reasonably
     consistent with the employment and status of the Employee as President, and
     the  Employee  shall make such  reports to the Board as may be necessary to
     fully and  properly  inform the Board of matters of business of the Company
     and additionally as the Board may from time to time request and require.

Term

1.2  The  initial  term of this  Agreement  shall be for a period of three years
     commencing on the date of this Agreement (the "Initial  Term"),  subject to
     termination in accordance  with the  provisions of section 1.6 hereof,  and
     this  Agreement  shall  be  automatically   extended  on  a  monthly  basis
     thereafter  unless  terminated in accordance with the provisions of section
     1.5 hereof.

Salary

1.3  The  Company  shall  pay to the  Employee,  in the  aggregate,  a salary of
     Cdn$70,000 per annum,  payable semi-monthly or at such other interval to be
     agreed upon by the Board.  The  Employee's  salary  shall be subject to all
     deductions  required to be made by law.  The parties  hereto agree that the
     Board will review the said salary when any other senior management employee
     is hired,  and in  addition  on at least an annual  basis and will make any
     adjustments  it determines are reasonable in the sole opinion of the Board,
     which  adjustments  may take into account but not limited to the Employee's
     performance  and the financial and operating  success of the Company in the
     preceding period.

Benefits

1.4  The Employee shall be entitled to  participate in any benefits  package put
     in place by the  Company  from time to time for the  benefit  of  employees
     generally.

Termination

1.5  After the expiry of the Initial Term the Board may terminate this Agreement
     without  cause upon ninety days  notice (or salary in lieu  thereof)  being
     provided to the  Employee and the Employee  may  terminate  this  Agreement
     without cause upon ninety days notice being provided to the Board.

1.6  The Board  may  terminate  this  Agreement  for  cause at any time  without
     liability  for damages or  otherwise  and nothing  contained  herein  shall
     prejudice the Company's other rights and remedies upon  termination of this
     Agreement, at law, in equity or otherwise.

                                    ARTICLE 2
                           CONFIDENTIALITY PROVISIONS

Definitions

2.1  In this Article 2:

a.)  "Company"   includes  the  Company  and  Autoeye  and  any  affiliates  and
     subsidiaries thereof;

b.)  "Confidential Information" includes


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     (i.) a secret or trade  secret  know-how of the Company or any  information
          relating to the  Company or to any person  from any other  entity with
          which the Company does business which is not known to persons  outside
          the Company, including the identity of customers of the Company,

     (ii.)any  information,  process or idea that is not generally known outside
          of the Company,

   (iii.) all proprietary information relating to the Company,

   (iv.)  all  computer  programs  either  owned by the  Company or to which the
          Company has access and wishes to keep,

     (v.) all  financial,   business  and  personal  data  related  to  clients,
          affiliates, subsidiaries, consultants and employees of the Company,

     (vi.)business and  marketing  plans,  strategies  and methods which are not
          standard  industry  practice,  or which are not generally known in the
          industry,

   (vii.) studies,  charts,  plans,  tables and  compilations  of business and
          marketing  information  acquired  or  prepared  by or on behalf of the
          Company, and

  (viii.) all records of the Company but does not include

     (i.) any  information  which at the time of  disclosure  is, or  thereafter
          becomes,  generally  available to the public other than as a result of
          disclosure by the Employee or any person,  firm or corporation to whom
          the Employee has disclosed such information, or

     (ii.)any  information  which at the time of  disclosure  is, or  thereafter
          becomes,  known or  available  to the  Employee on a  non-confidential
          basis and not in  contravention of applicable law from a source (other
          than the Company)  that is entitled to disclose the  information  on a
          non-confidential basis.

The  foregoing  is  intended  to be  illustrative  only and  other  Confidential
Information may currently exist or come into existence in the future.


Non-Disclosure

2.2  The Employee acknowledges that the Confidential Information is the property
     of the Company, is confidential and material to the interests, business and
     affairs of the Company, and that disclosure thereof would be detrimental to
     the  interest,  business  and  affairs  of the  Company.  Accordingly,  the

<PAGE>


     Employee  shall not disclose the  Confidential  Information  to any person,
     partnership,  firm or  corporation  except as necessary to promote the best
     interest of the  Company.  The  Employee  shall  inform any  person,  firm,
     partnership  or   corporation   to  whom  he  discloses  any   Confidential
     Information the confidential nature thereof and shall require the recipient
     to treat the  Confidential  Information as confidential and not to disclose
     same except as provided herein.

Return of Information

2.3  Upon termination of this Agreement the Employee will immediately  return to
     the Company all  Confidential  Information  in his  possession or under his
     control.

                                    ARTICLE 3
                                 NON-COMPETITION

Dealings with Customers

3.1  In relation to the customers,  clients,  suppliers and business partners of
     the  Company,   Autoeye  and  any   affiliates  or   subsidiaries   thereof
     (collectively, the "Customers"), the Employee:

     a.)  Shall  not  assist  any  third  party to  become  acquainted  with the
          Customers or disclose their names or addresses  during the term hereof
          or for a  period  of two  years  following  the  termination  of  this
          Agreement; and,

     b.)  Work in the  employ of or  provide  services  to any of the  Customers
          during  the term  hereof or for a period of two  years  following  the
          termination of this Agreement.

Company Employees

3.2  The  Employee  shall not employ or engage the  services of any  employee or
     independent  contractor  of the  Company,  Autoeye  and any  affiliates  or
     subsidiaries thereof who is or was an employee or contractor thereof during
     the term of this Agreement or for a period of two years  following the date
     of termination hereof.

Material Inducement

3.3  The  Employee  acknowledges  and agrees that the  Company,  Autoeye and any
     affiliates or subsidiaries  thereof have a material  interest in preserving
     the  relationship   they  have  developed  with  their  customers   against
     impairment by competitive  activities of former employees,  consultants and
     independent  contractors.   Accordingly,   the  Employee  agrees  that  the
     restrictions  and covenants  contained in this Agreement are of the essence
     of this Agreement and  constitute a material  inducement to enter into this
     Agreement with the Employee, and that the Company and Autoeye would not do
     so without this inducement.

<PAGE>

                                    ARTICLE 4
                                    REMEDIES

     The Employee  acknowledges  and agrees that without  prejudice to any other
rights of the Company or Autoeye,  in the event of his  violation  or  attempted
violation  of  any  of the  covenants  contained  in  Articles  2 and 3 of  this
Agreement, an injunction or other like remedy shall be the only effective remedy
to protect the Company' and Autoeye's rights and property as set out in Articles
2 and 3 and the Employee consents to the Company or Autoeye obtaining an interim
injunction,  which may be granted  immediately on the  commencement  of any suit
without any opposition or defence being raised by the Employee.

                                    ARTICLE 5
                                     GENERAL

Notice

5.1  Any notice required or permitted to be given by any party will be deemed to
     be given when in writing  and  delivered  to the  address for notice of the
     intended  recipient  by personal  delivery,  prepaid  single  certified  or
     registered mail, or telecopier.

Entire Agreement

5.2  This Agreement  constitutes  the entire  understanding  between the parties
     concerning  the subject  matter  hereof and there are no other  promises or
     conditions in any other  agreement  whether  written or oral concerning the
     subject matter hereof.

Amendment

5.3  This Agreement may be modified or amended and any modification or amendment
     shall be in writing and signed by both parties.

Severability

5.4  In the event  that any  provisions  of this  Agreement  shall be held to be
     invalid or  unenforceable  for any reason,  the remaining  provisions shall
     continue to be valid and  enforceable.  If a Court finds that any provision
     of this  Agreement is invalid or  unenforceable,  but that by limiting such
     provision the Agreement is valid and enforceable, then such provision shall
     be deemed to be written, construed, and enforced as so limited.

Waiver of Contractual Right

5.5  The failure of either  party to enforce  any  provision  of this  Agreement
     shall not be construed as a waiver or  limitation  of that party's right to
     subsequently  enforce and compel strict  compliance with every provision of
     this Agreement.

Successors and Assigns

5.6  The Employee may not assign this Agreement nor any of his rights hereunder,
     whether  in whole or in part,  without  the  express  prior  consent of the
     Company.  This Agreement  shall enure to the benefit of and be binding upon
     the parties hereto and their respective successors and permitted assigns.

Independent Legal Advice

5.7  The parties  hereto  acknowledge  that they have each received  independent
     legal  advice  with  respect  to  the  terms  of  this  Agreement  and  the
     transactions  contemplated  herein or have knowlingly and willingly elected
     not to do so. The parties  hereto further  acknowledge  that this Agreement
     has been prepared by Century  Capital  Management  Ltd. as a convenience to
     the parties only, and that Century Capital Management Ltd. has not provided
     any of the parties hereto with any professional advice with respect to this
     Agreement.


<PAGE>

IN WITNESS WHEREOF the parties have executed this Agreement  effective as of the
day and year first above written.

                                        THE FOREST INDUSTRY ONLINE INC.



                                         By:
Witness                                  Authorized Signatory

Name

Address



                                                        By:
Witness                                                 JOE PERRATON

Name

Address




This is Page 7 to the Employment Agreement dated January       , 2000  between
The Forest  Industry  Online Inc. and Joe Perraton.