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                                                                     EXHIBIT 4.2


                              eVENTURES GROUP, INC.
                       NONQUALIFIED STOCK OPTION AGREEMENT



         THIS NONQUALIFIED STOCK OPTION AGREEMENT (this "AGREEMENT") is made and
entered into by and between eVENTURES GROUP, INC., a Delaware corporation (the
"COMPANY"), and ________ (the "OPTIONEE"), effective April 4, 2000 (the "DATE OF
GRANT").

         1. GRANT OF OPTION. The Company hereby grants to the Optionee and the
Optionee hereby accepts, subject to the terms and conditions hereof, the right
and option to purchase from the Company (the "OPTION") all or any part of an
aggregate of __________ shares of the Company's common stock, par value $0.00002
per share (the "COMMON STOCK"), at a per share purchase price equal to
Twenty-Three Dollars and no cents ($23.00) per share (the "EXERCISE PRICE"), as
such shares and Exercise Price may be adjusted in accordance with Section 9
below. The Option is not granted pursuant to the Company's 1999 Omnibus
Securities Plan. The Option shall not be treated as an incentive stock option as
defined in Section 422 of the Internal Revenue Code of 1986, as amended.

         2. EXPIRATION AND TERMINATION OF THE OPTION. The Option will expire at
the end of business on April 4, 2010, ten (10) years from the Date of Grant of
the Option (the "EXPIRATION DATE"). In the event of termination of the
Optionee's employment with the Company, any Vested Portion (as defined in
Section 3 below) of the Option on the date of such termination may be exercised
at any time prior to the first to occur of (a) Expiration Date or (b) the third
(3rd) anniversary of the date of termination, and the Option shall terminate as
to the shares of Common Stock covered by the remaining, unvested portion of the
Option. The Option may not be exercised after its expiration or termination.

         3. VESTING. On each Measurement Date set forth in Column 1 below, the
Option shall vest and become exercisable for the corresponding percentage set
forth in Column 2 below of the total number of shares of Common Stock set forth
in paragraph 1 hereof. The "VESTED PORTION" of the Option as of any particular
date shall be the cumulative total of all shares for which the Option has become
exercisable on or prior to that date in accordance with the following schedule.


<TABLE>
<CAPTION>
---------------------------------- ------------------------------------------
            COLUMN 1                               COLUMN 2
                                   Percentage of Total Option Shares Vesting
        Measurement Date                      on Measurement Date
---------------------------------- ------------------------------------------
<S>                                <C>
          April 4, 2001                         One-third (1/3)
---------------------------------- ------------------------------------------
          April 4, 2002                         One-third (1/3)
---------------------------------- ------------------------------------------
          April 4, 2003                         One-third (1/3)
---------------------------------- ------------------------------------------
</TABLE>



eVENTURES GROUP, INC. NONQUALIFIED STOCK OPTION AGREEMENT - PAGE 1

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Notwithstanding the foregoing, in the event the Optionee's employment with the
Company is terminated by the Company without "Cause" (other than for
"Disability") or by the Optionee for "Good Reason" (as such terms are defined in
the Employment Agreement between the Optionee and the Company), the Option shall
become fully and immediately exercisable and the "Vested Portion" of the Option
shall mean one hundred percent (100%) of the total number of shares of Common
Stock set forth in paragraph 1 hereof.

         4. EXERCISE OF THE OPTION. The Vested Portion of the Option may be
exercised, to the extent not previously exercised, in whole or in part, at any
time or from time to time prior to the expiration or termination of the Option,
except that no Option shall be exercisable except in respect to whole shares,
and not less than one hundred (100) shares may be purchased at one time unless
the number purchased is the total number at the time available for purchase
under the terms of the Option. Exercise shall be accomplished by providing the
Company with written notice in the form of Exhibit "A" attached hereto, which
notice shall be irrevocable when delivered and effective upon payment in full of
the Exercise Price and any amounts required for withholding taxes, and the
satisfaction of all other conditions to exercise imposed under this Agreement.

         5. PAYMENT OF EXERCISE PRICE. Upon any exercise of the Option, the
total Exercise Price for the number of shares for which the Option is then being
exercised and the amount of any Federal, state and local withholding taxes
imposed thereon shall be paid in full to the Company in cash or, if permitted by
applicable law and subject to such limitations or conditions as the
Administering Body (as defined in Section 8 hereof) may prescribe, (a) with
shares of Common Stock that have been owned for at least six months by the
Optionee (or by the Optionee and his spouse jointly) having a total fair market
value (as determined by the Administering Body ("FAIR MARKET VALUE")) on the
date of such exercise equal to the total Exercise Price of such shares and the
amount of such withholding, or (b) in a broker-assisted or similar transaction
in which the total Exercise Price of such shares and the amount of such
withholding is not received by the Company until promptly after exercise, or
using a combination of the foregoing forms of consideration.

         6. TRANSFERABILITY OF OPTION. The Option shall not be transferable
otherwise than by will or the laws of descent and distribution, and is
exercisable, during the lifetime of the Optionee, only by him; provided,
however, that the Optionee may transfer the Option as a gift to the Optionee's
spouse, children, or grandchildren or a trust or family limited partnership
established solely for the benefit of, or of which the partners comprise only,
any such spouse, children or grandchildren. The transfer of the Option and any
transferred Option shall be subject to the same terms and conditions that were
applicable to the Option immediately prior to its transfer. No transfer of the
Option shall be effective unless the Company shall have been furnished with
written notice of such transfer at least 30 days in advance thereof and a copy
of such evidence as the Administering Body may deem necessary to establish the
validity of the transfer and the acceptance by the transferee of the terms and
conditions hereof. Any attempted transfer, assignment, pledge or other
disposition or levy, attachment or similar process with respect to the Option
not specifically permitted herein shall be null and void without effect.


eVENTURES GROUP, INC. NONQUALIFIED STOCK OPTION AGREEMENT - PAGE 2

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         7. ADMINISTRATION. This Agreement shall be administered and may be
definitively interpreted by the Board of Directors of the Company (the "BOARD")
or any Stock Plan Committee appointed by the Board (the "ADMINISTERING BODY").
The Optionee agrees that the decisions of such Administering Body concerning
administration and interpretation of this Agreement and the Option shall be
final, binding and conclusive on all persons. No member of the Board or the
Stock Plan Committee, nor any person participating in any determination of any
question under this Agreement, shall have any liability, in the absence of gross
negligence or willful misconduct, to any party for any action taken or not taken
in connection with this Agreement.

         8. ADJUSTMENTS. If (a) the outstanding shares of Common Stock are
increased, decreased or exchanged for a different number or kind of shares or
other securities, or if additional shares or new or different shares or other
securities are distributed in respect of such shares of Common Stock (or any
stock or securities received with respect to such Common Stock), through merger,
consolidation, sale or exchange of all or substantially all of the assets of the
Company, reorganization, recapitalization, reclassification, stock dividend,
stock split, reverse stock split, spin-off or other distribution with respect to
such shares of Common Stock (or any stock or securities received with respect to
such Common Stock), or (b) the value of the outstanding shares of Common Stock
is reduced by reason of an extraordinary dividend payable in cash or property,
an appropriate and proportionate adjustment shall be made by the Administering
Body in the number and kind of shares or other securities subject to the Option
and/or the Exercise Price for each share or other unit of any other securities
subject to the Option. No fractional interests will be issued under the Option
resulting from any such adjustments, but the Administering Body, in its sole
discretion, may make a cash payment in lieu of any fractional shares of Common
Stock otherwise issuable as a result of such adjustments.

         9. REGISTRATION. The Company shall (i) file a registration statement,
at the Company's option, on Form S-1, S-3 or S-8 under the Securities Act of
1933, as amended, which includes a reoffer prospectus, on the date which is the
earlier of (a) 90 days after the date it is first eligible to use Form S-3 or
S-8 or (b) January 15, 2001; (ii) use its best efforts, where effectiveness is
not automatic after the passage of time, to have such registration statement
declared effective within 90 days after such registration statement was filed;
and (iii) use its best efforts to maintain the effectiveness of such
registration statement or a successor registration statement (which includes a
reoffer prospectus) during the term of the Option.

         10. NOTICES. Any notice hereunder to the Company shall be addressed to
it at 300 Crescent Court, Suite 800, Dallas, Texas 75201, Attention: General
Counsel, and any notice hereunder to the Optionee shall be addressed to the
Optionee at 5002 Vandelia Street, Dallas, Texas 75235 subject to the right of
either party to designate at any time hereafter in writing some other address.

         11. GOVERNING LAW. The validity, interpretation, construction and
performance of this Agreement shall be governed by the internal laws of the
State of Delaware, without giving effect to the principles of the conflicts of
laws thereof.


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         12. SEVERABILITY. If any of the provisions of this Agreement should be
deemed unenforceable, the remaining provisions shall remain in full force and
effect.

         13. MODIFICATION. This Agreement may not be modified or amended, nor
may any provision hereof be waived, in any way except in writing signed by the
parties hereto.

         14. COUNTERPARTS. This Agreement has been executed in two counterparts
each of which shall constitute one and the same instrument.


         IN WITNESS WHEREOF, this Agreement has been executed on behalf of the
Company by its duly authorized officer, and by the Optionee in acceptance of the
above-mentioned Option, subject to the terms and conditions of this Agreement,
all as of the day and year first above written.

                            Signature Page Following


eVENTURES GROUP, INC. NONQUALIFIED STOCK OPTION AGREEMENT - PAGE 4

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          SIGNATURE PAGE FOR eVENTURES GROUP, INC., NONQUALIFIED STOCK
                                OPTION AGREEMENT


         Signature page for eVentures Group, Inc., Nonqualified Stock Option
Agreement dated April 4, 2000.


                            COMPANY:

                            eVENTURES GROUP, INC.


                            BY:
                               ------------------------------------------------
                            Name:  Stuart J. Chasanoff
                            Title: Senior Vice President, Corporate Development
                                   and Legal Affairs


                            OPTIONEE:



                            ---------------------------------------------------

                            Printed Name:
                                         --------------------------------------



eVENTURES GROUP, INC. NONQUALIFIED STOCK OPTION AGREEMENT - PAGE 5