EXHIBIT 10.26

                              INDEMNITY AGREEMENT
                               -------------------

THIS  AGREEMENT  is  made  effective February _______, 2002, notwithstanding the
date  of  execution  of  this  Agreement.

BETWEEN:

______________________________________________________

(the  "Director")

                                                               OF THE FIRST PART

AND:

               ABLEAUCTIONS.COM,  INC.,  a  company  duly incorporated under the
               laws  of  Florida,  and  having  a  head  office  located at 1963
               Lougheed  Highway,  Coquitlam,  British  Columbia,  V3K  3T8  ,
               Facsimile:  (604)  520-6706

               (the  "Company")

                               OF THE SECOND PART

WHEREAS  the  Director  is  currently  a  director  and  officer of the Company;

NOW  THEREFORE,  in  consideration  of  the  Director acting as a director or an
officer  or  both of the Company, the Company and the Director agree as follows:

                                     PART 1

                                    INDEMNITY

1.1     The  Company  will, subject to court approval if required, indemnify the
Director  and  the  Director's  heirs  and  personal representatives against all
liability,  losses,  damages,  costs,  charges,  expenses, fines, and penalties,
actually  and  reasonably incurred by the Director, including any amount paid to
settle  an  action or satisfy a judgment in a civil, criminal, or administrative
action or proceeding to which the Director is made a party by reason of being or
having been a director or officer of the Company, including an action brought by
the  Company,  if:

(a)  the  Director  acted  honestly  and  in good faith and in a manner Director
     reasonably  believed to be in, or not opposed to, the best interests of the
     Company;  and


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(b)  in  the  case  of  a  criminal  or  administrative action or proceeding, if
     Director  had  no  reasonable  cause  to believe the Director's conduct was
     unlawful.

1.2     Notwithstanding  the  foregoing,  no  indemnification  shall  be made on
behalf  of  the  Director  if  a  judgement  order  or  other final adjudication
establishes that his actions, or omissions to act, were material to the cause of
action  so  adjudicated  and  constitute:

(a)  a  violation  of the criminal law, unless the Director had reasonable cause
     to believe his conduct was lawful or had no reasonable cause to believe his
     conduct  was  unlawful;

(b)  a transaction from which the Director derived an improper personal benefit;

(c)  a  circumstance under which the liability provisions of s.607.0834 (related
     to  director  liability  for  unlawful  distributions)  are  applicable; or

(d)  willful  misconduct  or a conscious disregard for the best interests of the
     Company  in  a  proceeding  by  or in the right of the Company to procure a
     judgment  in  its  favor  or  in  a  proceeding  by  or  in  the right of a
     shareholder.

                                     PART 2

                               ABSOLUTE LIABILITY

2.1     For greater certainty, and without in any way limiting the provisions of
Part  1,  subject to Section 1.2 of this Agreement, the Company will, subject to
court  approval if required, indemnify the Director and the Director's heirs and
personal representatives against all liability, losses, damages, costs, charges,
expenses, fines, and penalties, including any amount paid to settle an action or
satisfy a judgment, actually and reasonably incurred by the Director, in respect
of  the Director's absolute liability, where liability is statutorily imposed on
the Director regardless of whether or not the Director is at fault, whether such
absolute  liability  arises  in  respect of a civil, criminal, or administrative
action or proceeding to which the Director is made a party by reason of being or
having been a director or officer of the Company, including an action brought by
the  Company,  if:

(a)     the  Director  acted honestly and in good faith and in a manner Director
reasonably  believed  to  be  in,  or  not opposed to, the best interests of the
Company;  and


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(b)     in  the  case  of  a criminal or administrative action or proceeding, if
Director had no reasonable cause to believe the Director's conduct was unlawful.

                                     PART 3

                                TORTIOUS CONDUCT

3.1     For greater certainty, and without in any way limiting the provisions of
Part  1,  subject to Section 1.2 of this Agreement, the Company will, subject to
court  approval if required, indemnify the Director and the Director's heirs and
personal representatives against all liability, losses, damages, costs, charges,
expenses, fines, and penalties, including any amount paid to settle an action or
satisfy  a  judgment,  actually  and  reasonably  incurred  by  the Director, in
connection  with  a  civil,  criminal, or administrative action or proceeding in
which  the  Director  is  found  liable  for:

     (a)  negligent  or  tortious  conduct arising while acting as a director or
          officer  of  the  Company;  or

     (b)  intentional  tortious  conduct  arising  while acting as a director or
          officer  of  the  Company,

if:

(c)     the  Director  acted honestly and in good faith and in a manner Director
reasonably  believed  to  be  in,  or  not opposed to, the best interests of the
Company;  and

(d)     in  the  case  of  a criminal or administrative action or proceeding, if
Director had no reasonable cause to believe the Director's conduct was unlawful.

                                     PART 4

                                 COURT APPROVAL

4.1     Either the Company or the Director may apply to the court to approve any
indemnity  by  the Company of the Director under this Agreement, and the Company
will  pay  all  costs  of that application, on a solicitor and own client basis.

4.2     The  Company  will,  on  request,  use  its best efforts to obtain court
approval  of  any  indemnification,  as  required  by section 607.0850(2) of the
Florida  Business  Corporation  Act,  as  amended  from  time  to  time.


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                                     PART 5

                              CONTINUING INDEMNITY

5.1     This  Agreement  will extend to indemnify the Director for all omissions
or  acts  carried out during the Director's term as a director or officer of the
Company,  whether  before  or  after  the  date  of  this  Agreement.

5.2     The  indemnity  herein  provided  will  be a continuing indemnity and in
addition to and not in substitution for any other indemnity given by the Company
to  the  Director,  and  the  granting  to  the  Director of any other indemnity
hereafter  will  not in any way affect the continuation or enforceability of the
indemnity  herein  provided  for.

5.3     The  Company's obligations hereunder will survive the Director's ceasing
to  act  as  a  director  or  officer  of  the Company, whether by reason of the
Director's  resignation  or  otherwise.

                                     PART 6

                                  TAX GROSS UP

6.1     If  the  Canada  Customs  and  Revenue  Agency  or any provincial taxing
authority assesses the Director on any basis that any indemnity payment received
must  be  included  in  computing  the Director's income for tax purposes, then,
unless  the  Company  elects  to  dispute  the  assessment at its expense and is
ultimately  successful  in  reversing  the  assessment, the Company will, to the
extent  permitted under the Florida Business Corporation Act, make an additional
payment  or  payments  from  time  to time to the Director to fully ensure that,
taking  into  account any income inclusion ultimately required in respect of any
indemnity  payment or such additional payment or payments, the Director is after
receiving  such additional payment or payments, fully compensated for any actual
tax liability, or for the use of losses, deductions, credits, or similar amounts
used  in offsetting an income inclusion or other assessed amount relating to any
indemnity  payment  or  to  any  additional  payment  made under this Agreement.

                                     PART 7

                             PAYMENT OF AMOUNTS DUE

7.1     The Company will pay all amounts due to the Director hereunder forthwith
on  demand  by  the  Director.


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                                     PART 8

                                 NO PRESUMPTION

8.1     The  termination  of  any  proceeding by judgment, order, settlement, or
conviction,  or  on  the  plea of nolo contendere or its equivalent, will not of
itself  create  any  presumption  for  the  purposes  of this Agreement that the
Director  did  not  act  honestly  and  in good faith in a manner which Director
reasonably  believed  to  be  in,  or  not opposed to, the best interests of the
Company  or, in the case of a criminal or administrative action or proceeding or
any  action  or  proceeding  respecting  the  alleged  tortious  conduct  of the
Director,  that  the  Director did not have reasonable cause to believe that the
Director's  conduct  was  lawful  (unless  the  judgment  or  order of the court
specifically  finds  otherwise).

                                     PART 9

                           [INTENTIONALLY LEFT BLANK]


                                     PART 10

                                 EFFECTIVE DATE

10.1     This  Agreement  will  be  effective as and from the first day that the
Director  became  a  director  or  officer  of  the  Company.

                                     PART 11

                             NOTICES OF PROCEEDINGS

11.1     The  Director  will  give  reasonable notice to the Company within five
days  after  being  served  with any statement of claim, writ, notice of motion,
indictment,  or  other  document commencing or continuing any proceeding against
the  Director  as  a  party.

11.2     The  Company will notify the Director in writing within five days after
being served with any statement of claim, writ, notice of motion, indictment, or
other  document commencing or continuing any proceeding naming the Director as a
party  thereto.


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                                     PART 12

                              DIRECTOR TO COOPERATE

12.1     The Director will give the Company any information and cooperation that
the  Company  may reasonably require from time to time in respect of all matters
hereunder.

                                     PART 13

                                     NOTICES

13.1     A  notice,  direction,  or other instrument required or permitted to be
given  hereunder  must  be  in  writing  and  may  be given by hand delivery, by
prepaid,  registered,  or  certified  mail,  or by facsimile transmission to the
other  party's  address  set  out  on  the  face  page.

13.2     Any  notice,  direction,  or  instrument,  will:

     (a)  if  delivered personally or by a recognized overnight courier service,
          be  deemed  to  have  been  given  or  made  on  the date of delivery;

     (b)  if  mailed  by  prepaid,  registered,  or  certified mail and properly
          addressed,  be deemed to have been given or made on the third business
          day  following  the  day  on which it was mailed, except that if it is
          mailed  and  there  is  at  the time of mailing or between the time of
          mailing  and  the  time of deemed receipt a mail strike, slow-down, or
          other  labour  dispute  that might affect delivery by mail, it will be
          deemed  to  have  been  given  or  made  only  on actual delivery; and

     (c)  if  sent  by  facsimile  transmission, be deemed to have been given or
          made  on  completion  of  the  facsimile  transmission.

13.3     Any  party  may  at  any  time  give to the other written notice of any
change  of  address  in  the same manner, in which event a notice, direction, or
instrument must be given to that party as above provided at the changed address.


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13.4     If the Company receives notice from any other source of any matter that
the  Director  would  otherwise  be obligated hereunder to give notice of to the
Company,  the  Director  will  be  relieved  of his obligation hereunder to give
notice  to  the  Company  if  the  Company is not subject to any damage from the
Director's  failure  to  give  notice  as  herein  required.

                                     PART 14

                                  SEVERABILITY

14.1     If  any provision of this Agreement is unenforceable or invalid for any
reason  whatsoever,  such  unenforceability  or  invalidity  will not affect the
enforceability  or  validity  of the remaining provisions of this Agreement, and
that  provision  will  be  severable  from  the  remainder  of  this  Agreement.

                                     PART 15

                                    HEADINGS

15.1     The  headings in this Agreement form no part of this Agreement and have
been  inserted  for  convenience  only.

                                     PART 16

                                  GOVERNING LAW

16.1     This  Agreement  will be governed by and interpreted in accordance with
the  laws of Florida, and the venue for proceedings in respect of this Agreement
will  be  any  court  of  competent  jurisdiction  in  Florida.

                                     PART 17

                                    ENUREMENT

17.1     This  Agreement  and each of the terms and provisions hereof will enure
to  the  benefit  of  and  be binding on the parties hereto and their respective
heirs,  executors,  administrators,  personal  representatives,  and successors.

                                     PART 18

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                                WAIVER OF BREACH

18.1     No waiver by the Director of any default or breach of any of the terms,
covenants, conditions, or obligations of this Agreement will constitute a waiver
by  the Director of any previous, concurrent, or subsequent default or breach of
the  same or of any other term, covenant, condition, or obligation hereof by the
Company.

                                     PART 19

                        CORPORATE PROCEEDINGS OF COMPANY

19.1     The  Company  warrants,  represents,  covenants, undertakes, and agrees
that  it  has carried out or is contemporaneously with the entering into of this
Agreement  carrying  out  all necessary corporate proceedings in connection with
the  entering into of this Agreement that are required or pursuant to applicable
laws.


IN WITNESS WHEREOF the parties have executed this Indemnity Agreement on the day
and  year  first  written  above.


SIGNED,  SEALED,  AND  DELIVERED        )
by  _______________________________     )
in  the  presence  of:                  )
                       )
                       )
_____________________  )
Witness                )
                       )
_____________________  )
Witness                )





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ABLEAUCTIONS.COM,  INC.
Per:

____________________________
Authorized  Signatory

____________________________
Print  Name