EXHIBIT 4.18



     THIS MANAGEMENT AGREEMENT dated as of the 1st day of July, 2000.

AMONG:

           UNIGLOBE.COM INC., a Canadian corporation, having its head
           office at 900 - 1199 West Pender Street, Vancouver, British
           Columbia V6E 2R1;

           (herein called "U.com")
                                                               OF THE FIRST PART

AND:

           CHARLWOOD PACIFIC PROPERTIES LTD., a British
           Columbia company, having its registered office at Suite 2300 -
           1055 Dunsmuir Street, Vancouver, British Columbia V7X 1J1;

           (herein called "Charlwood Pacific")
                                                              OF THE SECOND PART

AND:

           R. CHRISTOPHER CHARLWOOD ("RCC"), Executive, of
           512 - 1383 Marinaside Crescent, Vancouver, British Columbia
           V6Z 2W9; and

           MARTIN H. CHARLWOOD ("MHC"), Executive, of  2003 - 1415
           West Georgia Street, Vancouver, British Columbia V6G 3C8,

           (collectively,  the "Charlwoods")
                                                               OF THE THIRD PART

WHEREAS:

A.   U.com  is in the  business  of  offering  travel  information,  retail  and
wholesale products and merchandise to the online consumer by way of a World Wide
Web site on the Internet  throughout  Canada,  the United  States of America and
other countries throughout the world;

B.   Charlwood Pacific employs each of RCC, who is president and chief operating
officer of U.com,  and MHC,  who is  vice-chairman  of the board of directors of
U.com (the  "Board") and a director of U.com,  both of whom are possessed of the
management and business experience to effectively  participate in the management
of U.com; and


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C.   U.com  wishes  to  retain  Charlwood   Pacific  to  provide  executive  and
management  services  to U.com for a period of ten months  from July 1, 2000 and
the parties  wish to enter into this  Agreement  to record  their  agreement  in
writing.

     IN CONSIDERATION of the covenants and agreements hereinafter set forth, the
parties agree as follows:

1.   U.com hereby retains  Charlwood Pacific to provide executive and management
services to U.com for a ten month period commencing July 1, 2000.

2.   Charlwood  Pacific agrees to provide  executive and management  services to
U.com as hereinafter provided.

3.   During the term of this Agreement,  Charlwood  Pacific will employ RCC, and
will cause RCC to devote  substantially  all of his business time,  energies and
efforts to the effective operation of the U.com business,  and will cause RCC to
perform such services and duties and exercise such  authority as may be assigned
to  Charlwood  Pacific from time to time by the board of directors of U.com (the
"Board"),  which are consistent with his appointment as an officer of U.com. RCC
will accept or continue with his  appointment  as president and chief  operating
officer  of U.com,  or any  variation  of such  office  as the  Board  considers
appropriate.

4.   During the term of this  Agreement,  Charlwood  Pacific will employ MHC and
will cause MHC to devote such of his business  time,  energies and efforts as is
reasonably  required  to carry out his duties as  vice-chairman  of the board of
directors  and a  director  of U.com for the  effective  operation  of the U.com
business,  and will cause MHC to perform  such  services and duties and exercise
such authority as may be assigned to Charlwood  Pacific from time to time by the
Board  which are  consistent  with his  appointment  as a director or officer of
U.com.  MHC will accept or continue with his appointment as vice-chairman of the
Board and a member of the Board,  or any  variation of such offices as the Board
considers appropriate.

5.   During  the  term of this  Agreement,  each of  Charlwood  Pacific  and the
Charlwoods agrees that it or he will not engage in any activity competitive with
or adverse to the  welfare of U.com,  and  Charlwood  Pacific  will use its best
efforts to prevent the Charlwoods from engaging in any activity competitive with
or adverse to the welfare of U.com in any  material  way,  whether  alone,  as a
partner,  officer,  director,  employee  or  shareholder  of another  company or
otherwise.

6.   Notwithstanding  paragraph 5 hereof,  nothing  contained in this  Agreement
shall be construed to prevent either of the Charlwoods from:

     (a)  acting as a member of the board of directors of any other  corporation
          and from receiving compensation therefrom;



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                                      - 3 -


     (b)  making investments of any character in any business; or

     (c)  otherwise engaging in other business activities;

provided  only  that  such  investments  or  other  business  activities  do not
interfere materially with the performance of the services to be rendered by such
Charlwood  to  Charlwood  Pacific and by  Charlwood  Pacific to U.com under this
Agreement.  Without  limiting the  generality  of the  foregoing,  either of the
Charlwoods  may  participate  in  the  ownership  and  management  of  Charlwood
International Corporation,  Charlwood Pacific Holdings Corp., Charlwood Pacific,
Charlwood  Pacific  Group  Ltd.  and Cobalt  Real  Estate  Corporation,  and the
Charlwoods  may also  participate  in the ownership  and  management of Uniglobe
Travel (International) Inc., Century 21 Real Estate Canada Inc., or any of their
present or future subsidiaries or associated companies (as defined in the Canada
Business Corporations Act).

7.   All confidential or proprietary  information or know-how of U.com disclosed
to or developed by or learned by Charlwood  Pacific or either of the Charlwoods,
during the term of this  Agreement,  whether the subject matter of trade mark or
not,  pertaining  to  the  business  and  affairs  of  U.com,  as  well  as  all
information,  data,  inventions,  discoveries,  improvements,  modifications  or
developments  relating  to the  business  activities  of  U.com or  acquired  by
Charlwood  Pacific or either of the Charlwoods during the term of this Agreement
shall be retained in  confidence,  unless  required to be  disclosed by law, and
Charlwood  Pacific will use its best efforts to prevent the use,  disclosure  or
publication  of the same by its agents and  employees to others  during or after
the term of this Agreement,  without the prior written consent of U.com,  unless
required  to be  disclosed  by law.  Charlwood  Pacific  agrees  that  upon  the
termination of this Agreement for any reason, it will deliver to U.com all data,
reports,  communications  or  the  like  and  all  other  materials,  visual  or
conceptual  presentations of any type and copies and duplicates thereof relating
to all matters contemplated by this paragraph.

8.   In  consideration  of the services to be  performed  by  Charlwood  Pacific
hereunder,  U.com will pay to Charlwood  Pacific an aggregate  management fee of
Cdn. $307,500 (the "Management  Fee") , payable in equal monthly  instalments on
the last day of each month  during the term of this  Agreement,  with a pro rata
payment to be made for any portion of the month for which  services are provided
prior to  termination.  In addition,  Charlwood  Pacific or the  Charlwoods  may
participate  in any stock option,  bonus or profit sharing  programs  adopted by
U.com  for its  executives.  The  criteria  which  the  Board  shall  take  into
consideration  in providing  for  participation  in any stock  option,  bonus or
profit  sharing  programs are the  performance  of the  management and operating
personnel of Charlwood Pacific, any increase in the difficulties involved in the
services rendered and responsibility  assumed by Charlwood Pacific,  the success
achieved by U.com as a result of the services rendered by Charlwood Pacific, the
matters and amounts under the  jurisdiction of Charlwood  Pacific,  the earnings
and  profits of U.com,  the  increase in volume and quality of business of U.com
and such other criteria as the Board may deem relevant.


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                                      - 4 -


9.   U.com shall also pay or  reimburse  Charlwood  Pacific  for all  reasonable
travelling,  entertainment  and other  expenses  incurred  or paid by  Charlwood
Pacific or either of the Charlwoods in connection with the performance of its or
their duties under this Agreement and in accordance with policies established by
the Board from time to time, upon presentation of expense statements or vouchers
and such  other  supporting  information  as the  Board  may  from  time to time
request.

10.  During the term of this Agreement, each of the Charlwoods shall be entitled
to a vacation or vacations  totalling to that  fraction of four weeks  duration,
the  numerator  of which is 10 (being  the  number of months in the term of this
Agreement)  and the  denominator  of which is 12,  to be taken at such  times as
shall be most convenient in relation to the demands of the business of U.com and
Charlwood  Pacific and the personal plans of the Charlwoods and shall not affect
the right of Charlwood Pacific to the Management Fee.

11.  U.com may terminate this Agreement at any time, as it shall apply to either
of the Charlwoods individually, without any payment in lieu of notice in respect
of such individual Charlwood, by and effective upon the giving of written notice
to Charlwood  Pacific of such  termination,  upon the  occurrence  of any of the
following events, namely:

     (a)  should either of the Charlwoods:

          (i)  become  mentally  incompetent  as  determined  by a duly licensed
               doctor in the Province of British  Columbia  acceptable  to U.com
               and to Charlwood Pacific;

          (ii) be petitioned into bankruptcy;

          (iii)neglect  to give  adequate  time and  personal  attention  to the
               business of U.com (except in case of illness or accident);

          (iv) be guilty of negligence in the performance of his duties; or

          (v)  disobey or neglect any lawful  orders or  directions of the Board
               or infringe any of the provisions of this Agreement; or

     (b)  in the event of any material breach by Charlwood Pacific and/or either
          of the Charlwoods of any of the material provisions of this Agreement,

provided, however, that in the case of clause (a) or (b):

     (y)  termination  shall only be effective upon Charlwood  Pacific's receipt
          of notice from U.com which specifies all grounds for such termination,
          and

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                                      - 5 -



     (z)  a notice of  termination  shall not be given unless,  at least 30 days
          prior thereto, Charlwood Pacific shall have received notice from U.com
          specifying  all alleged  grounds upon which U.com intends to terminate
          this  Agreement  in  respect  of  either of the  Charlwoods  and those
          grounds shall be continuing when such notice of termination is given.

12.  Except as herein provided,  Charlwood  Pacific shall be responsible for all
expenses relating to its own administration and management.

13.  Charlwood   Pacific  agrees  to  diligently  and  properly  carry  out  the
management  services to be rendered  hereunder  and to cause the  Charlwoods  to
serve U.com to the best of their abilities.

14.  U.com  shall  have the right from time to time to apply for and take out in
its name and at its own expense,  life, health or other insurance upon either of
the  Charlwoods  and in any amount or amounts  which may be deemed  necessary by
U.com to protect its interest under this Agreement,  and Charlwood Pacific shall
do all such  things  as may be  necessary  to assist  in the  procuring  of such
insurance by causing such Charlwood to make a proper application therefor as may
be required by the  insurance  company and to submit to the usual and  customary
medical  examinations.  Neither  Charlwood  Pacific nor either of the Charlwoods
shall have any right,  title or  interest in or to such  insurance  but the same
shall be solely for the benefit of U.com and any amount payable thereunder shall
be solely  payable to U.com.  U.com shall pay all premiums on the said  policies
during  the  continuance  in force of this  Agreement  as they come due.  If any
premium is not paid within 20 days after its due date,  either Charlwood Pacific
or either of the Charlwoods,  in respect of the policy on his life only, may pay
such  premium  and be  reimbursed  therefor  by  U.com.  The  insurer  is hereby
authorized and directed to give to each Charlwood, upon his written request, any
information  with  respect to the status of the policy on his life only.  In the
event of the  expiry  or  termination  of this  Agreement  prior to the death of
either of the Charlwoods, Charlwood Pacific may purchase from U.com the policies
on the lives of the  Charlwoods by payment of the cash value thereof at the date
of  purchase,  or,  if there is not any cash  value,  for the sum of  $1.00.  If
Charlwood  Pacific does not purchase from U.com the policies on the lives of the
Charlwoods, then the surviving Charlwood, should he so desire, may purchase from
U.com the policy on his  specific  life by payment of the cash value  thereof at
the date of purchase,  or, if there is not any cash value, for the sum of $1.00.
Any such offer to purchase shall be made within 60 days of the date of expiry or
termination of this Agreement and no such offer shall be refused.

15.  Each of the  Charlwoods  covenants  and  agrees  with  U.com and  Charlwood
Pacific to observe all of the covenants, terms and conditions of this Agreement,
which Charlwood  Pacific has agreed with U.com that such Charlwood shall perform
and observe or that  Charlwood  Pacific will cause such Charlwood to perform and
observe.


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16.  Any  notice  or  other  communication  required  or  permitted  to be given
hereunder  shall be in writing and shall be given by  facsimile,  other means of
electronic  communication  or by  hand-  delivery.  Any  such  notice  or  other
communication,  if sent by facsimile or other means of electronic communication,
shall be deemed to have been  received on the  business day next  following  the
sending,  or if delivered  by hand shall be deemed to have been  received at the
time it is  delivered  to the  applicable  address  noted  below  either  to the
individual  designated below or to an individual at such address having apparent
authority to accept  deliveries on behalf of the addressee.  Notice of change of
address shall also be governed by this section.  Notice and other communications
shall be addressed as follows:

          UNIGLOBE.COM INC.
          900 - 1199 West Pender Street
          Vancouver, British Columbia V6E 2R1
          Attention: Chairman, Compensation Committee
          Telecopier No.  718-2678

          CHARLWOOD PACIFIC PROPERTIES LTD.
          900 - 1199 West Pender Street
          Vancouver, British Columbia V6E 2R1
          Attention: R. Christopher Charlwood
          Telecopier No. 718-2678

          R. CHRISTOPHER CHARLWOOD
          512 - 1383 Marinaside Crescent
          Vancouver, British Columbia V6Z 2W9
          Telecopier No. 718-2678

          MARTIN H. CHARLWOOD
          2003 - 1415 West Georgia Street
          Vancouver, British Columbia V6G 3C8
          Telecopier No. 718-2678

17.  Neither the waiver or  indulgence  by U.com or Charlwood  Pacific of any of
its rights under this  Agreement,  nor the  invalidity of any  provision  herein
contained shall prevent either party from enforcing any other provision or right
created by this Agreement.

18.  No modification of this Agreement shall be valid unless made in writing and
signed by the parties hereto.

19.  Any provision of this Agreement  which is, or becomes  illegal,  invalid or
unenforceable  shall be severed from this  Agreement and be  ineffective  to the
extent of such

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                                      - 7 -



illegality,  invalidity or  unenforceability  and shall not affect or impair the
remaining  provisions  hereof,  which  provisions shall remain in full force and
effect.

20.  This  Agreement  shall be governed  by the laws of the  Province of British
Columbia and the laws of Canada applicable therein.

21.  Any suit, action or proceeding arising out of or relating to this Agreement
against any party shall only be brought in the courts of the Province of British
Columbia  and each party  hereby  irrevocably  and  unconditionally  attorns and
submits to the  jurisdiction  of such courts over the subject matter of any such
suit,  action or  proceeding.  Each party  irrevocably  waives and agrees not to
raise any objection it might now or hereafter  have to any such suit,  action or
proceeding in any such court including,  without limitation,  any objection that
the place where such court is located is an inconvenient  forum or that there is
any other suit,  action or proceeding in any other place relating in whole or in
part to the same subject matter.  Any judgment or order in any such suit, action
or proceeding  brought in such a court shall be conclusive  and binding upon all
parties  hereto,  and each party  consents  to any such  judgment or order being
recognized and enforced in the courts of its  jurisdiction of  incorporation  or
other courts,  by  registration  or homologation of such judgment or order, by a
suit,  action or  proceeding  upon such  judgment  or order,  or any other means
available for  enforcement of judgments or orders,  provided that service of any
required  process is effected upon it in the manner  provided by the laws of the
Province of British Columbia.

22.  This  Agreement,  and the  services  of  Charlwood  Pacific  hereunder,  is
personal  and said  Agreement  may not be assigned or otherwise  transferred  by
Charlwood Pacific without the prior written consent of U.com.

23.  The  parties  acknowledge  that  any  breach  by them of the  terms of this
Agreement  will result in harm to the other parties that cannot be calculated or
fully or adequately  compensated by recovery of damages alone.  Accordingly,  in
addition to any other  relief to which the other  parties may be  entitled,  any
party shall be entitled to interim and  permanent  injunctive  relief,  specific
performance and other equitable remedies.

     IN WITNESS  WHEREOF this  Agreement has been executed by the parties hereto
as of the date first above written.


UNIGLOBE.COM INC.                           CHARLWOOD PACIFIC PROPERTIES
                                            LTD.


Per:  /s/ Illegible                        Per: /s/ R. Christopher Charlwood
      -------------------------------           --------------------------------
      Authorized Signatory                      Authorized Signatory




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SIGNED, SEALED AND DELIVERED in       )
the presence of:                      )
                                      )
                                      )
/s/ Kelly Yamata                      )   /s/ R. Christopher Charlwood
--------------------------------------)   -------------------------------
Witness                               )   R. CHRISTOPHER CHARLWOOD
                                      )
                                      )


SIGNED, SEALED AND DELIVERED in       )
the presence of:                      )
                                      )
/s/ J. Findlay                        )   /s/ Martin H. Charlwood
--------------------------------------)   -------------------------------
Witness                               )   MARTIN H. CHARLWOOD