<PAGE>
 
                                                                   EXHIBIT 10.24

                     SEVENTH AMENDMENT TO LEASE AGREEMENT
                                    BETWEEN
                  WRIGHT RUNSTAD PROPERTIES L.P. ("LANDLORD")
                                      AND
                    RAGEN MACKENZIE INCORPORATED ("TENANT")

 
This Seventh Amendment is to that certain Lease Agreement dated November 8, 
1983, as amended by First Amendment to Lease Agreement dated December 19, 1988,
by Second Amendment to Lease Agreement dated August 24, 1992, by Third Amendment
to Lease Agreement dated June 1, 1993, by Fourth Amendment to Lease Agreement 
dated July 20, 1995, by Fifth Amendment to Lease Agreement dated April 30, 1997,
and by Sixth Amendment to Lease Agreement dated June 6, 1997, by and between 
WRIGHT RUNSTAD PROPERTIES L.P., a Delaware limited partnership, as successor in 
the Lease to Wright-Carlyle Seattle Limited Partnership, a Washington limited 
partnership, as successor in the Lease to Wright-Carlyle Seattle, a Washington 
general partnership, as Landlord, and RAGEN MACKENZIE INCORPORATED, a Washington
corporation, as successor in the Lease to Cable, Howse & Ragen, as Tenant (the 
"Lease").

As parties hereto, Landlord and Tenant agree to further amend the Lease as 
follows:

1.   SECTION 1(c) AGREED AREAS, SHALL BE AMENDED TO READ:

          Agreed Areas: As of the Effective Date of this Seventh Amendment, and
          as used in this Lease, Landlord and Tenant agree to the following
          areas and percentage: area of Building is deemed to be 915,883 net
          rentable square feet; area of Tenant's Premises is deemed to be:
          21,109 net rentable square feet on Floor 43 and 7,965 net rentable
          square feet on Floor 37; Tenant's Percentage of the Building is deemed
          to be: approximately 2.30% on Floor 43 and approximately 0.87% on
          Floor 37. This reflects the addition of approximately 883 net rentable
          square feet on Floor 37, identified as the "10/17/97 Expansion Space"
          on the attached Exhibit A.

          In the event a portion of the Building is damaged or condemned or any
          other event occurs which alters the rentable area of the premises or
          the rentable area of the Building, Landlord may adjust Tenant's
          Percentage of the Building to properly reflect the proportion of the
          rentable area of the Building (as altered by such event) which is
          attributable to the rentable area of the Premises (as altered by such
          event).

2.   SECTION 1(g) RENT, SHALL BE AMENDED TO READ:

          RENT. Rent shall be payable monthly on or before the first day of each
          month. Rent for each month of the lease term as hereby extended shall
          be one-twelfth (1/12) of the annual rent calculated by multiplying the
          dollar amounts set forth below times the number of rentable square
          feet then included within the Premises. Rent shall be adjusted from
          time to time as provided in Section 7-8 of the Lease.

<TABLE> 
<CAPTION> 
                                    Net          Base      $ Per Net Rentable
  Time Period      Floor          Rentable       Year        Square Foot Per
                                Square Feet                       Year     
-----------------------------------------------------------------------------
<S>                <C>          <C>              <C>       <C> 
04/01/97-07/23/97     43           21,109         1994            $24.00
                    37 (I)          2,130         1996            $18.75
                    37 (II)         1,372         1996            $24.16
-----------------------------------------------------------------------------
07/24/97-10/16/97     43           21,109         1994            $24.00
                    37 (I)          2,130         1996            $18.75
                    37 (II)         1,372         1996            $24.16
                    37 (III)        3,580         1997            $25.00
-----------------------------------------------------------------------------
</TABLE> 
(continued)
<PAGE>
 
Seventh Amendment to Lease Agreement
Ragen MacKenzie Incorporated
Page 2
 
(continued from previous page)
<TABLE> 
<CAPTION> 
                                                  Net                                     $ Per Net Rentable
                                                Rentable                 Base               Square Foot Per
   Time Period             Floor              Square Feet                Year                    Year
------------------------------------------------------------------------------------------------------------
<S>                       <C>                 <C>                        <C>              <C> 
10/17/97-12/31/98           43                     21,109                1994                   $24.00
                          37 (I)                    2,130                1996                   $18.75
                          37 (II)                   1,372                1996                   $24.16
                          37 (III)                  3,580                1997                   $25.00
                          37 (IV)                     883                1997                   $27.50
------------------------------------------------------------------------------------------------------------
01/01/99-01/31/99           43                     21,109                1994                    -0-*
                          37 (I)                    2,130                1996                   $18.75
                          37 (II)                   1,372                1996                   $24.16
                          37 (III)                  3,580                1997                   $25.00
                          37 (IV)                     883                1997                   $27.50
------------------------------------------------------------------------------------------------------------
02/01/99-02/28/02           43                     21,109                1997                   $25.00
                          37 (I)                    2,130                1997                   $25.00
                          37 (II)                   1,372                1997                   $25.00
                          37 (III)                  3,580                1997                   $25.00
                          37 (IV)                     883                1997                   $27.50
------------------------------------------------------------------------------------------------------------
</TABLE> 

*Rent Abatement
 --------------
            (1) No Rent is due on the Floor 43 Premises for the following months
          (the "Free Rent Months," collectively): February 1, 1994, through
          February 28, 1995, and the month of January 1999.
            (2) The entire Rent otherwise due and payable for the Free Rent
          Months shall become immediately due and payable upon the occurrence of
          an event of monetary or other material default by Tenant under this
          Lease which is not cured within applicable notice and cure periods.


3.   Section 1(k) Exhibits, shall be amended to read:

          Exhibit A -      Floor Plan of Premises, dated 10/17/97 (Seventh 
                           Amendment)
          Exhibit B -      Tenant Improvements (original Lease)
          Exhibit B.1 -    Tenant Improvement Plans (original Lease)
          Exhibit B.2 -    Tenant Improvements Paid by Tenant (original Lease)
          Exhibit B.3 -    Tenant Improvements in Conjunction with Fifth 
                           Amendment (Fifth Amendment)
          Exhibit B.4 -    Tenant Improvements in Conjunction with Sixth 
                           Amendment (Sixth Amendment)
          EXHIBIT B.5 -    Tenant Improvements in Conjunction with Seventh 
                           Amendment (Seventh Amendment)
          Exhibit C -      Addendum to Lease (revised by Seventh Amendment)
          Exhibit D -      Tenant Improvements to be Done in 1992 in Conjunction
                           with the Second Amendment (Second Amendment)
          Exhibit E -      Tenant Improvement Budget, dated 07/09/92 (Second 
                           Amendment)
          Exhibit F -      Tenant Improvements to be Done in 1993 in Conjunction
                           with the Third Amendment (Third Amendment)
          Exhibit G -      Tenant Improvements in Conjunction with Fourth 
                           Amendment (Fourth Amendment)
          Exhibit H -      05/31/97 Expansion Space (Fifth Amendment; subsequent
                           to the Sixth Amendment this is referred to as the
                           07/24/97 Expansion Space)
          Exhibit I -      Subordination Agreement (Fifth Amendment)
<PAGE>
 
Seventh Amendment to Lease Agreement
Ragen MacKenzie Incorporated
Page 3


4.   EXHIBIT C, ADDENDUM TO LEASE, IS AMENDED BY THE ADDITION OF ITEM 17, TO
     READ:

        17.  Real Estate Commission in Conjunction with Seventh Amendment. [NEW]
             ------------------------------------------------------------
             Landlord shall pay a brokerage fee of $3,090.50 (based on the
             addition of 883 net rentable square feet by means of the Seventh
             Amendment) upon Tenant's occupancy of the 10/17/97 Expansion Space,
             payable 80% to Behar Company and 20% to Tenant.

5.   EFFECTIVE DATE. This Seventh Amendment shall be effective October 17, 1997.

6.   RATIFICATION. Except as herein specifically provided, the Lease, this
     Seventh Amendment to the Lease Agreement, and all previous Amendments to
     Lease Agreement, are hereby ratified and approved.

DATED AT SEATTLE, WASHINGTON THIS 26 DAY OF SEPTEMBER, 1997.
                                  --        ---------

TENANT:   RAGEN MACKENZIE INCORPORATED

          By:  /s/ Robert J. Mortell, Jr.
              ------------------------------------
              Its President
                  --------------------------------

                        TENANT CORPORATE ACKNOWLEDGMENT

STATE OF WASHINGTON )
         ----------
                    )  ss.
COUNTY OF KING      )
         ----------


  THIS IS TO CERTIFY that on this 26 day of September, 1997, before me, the 
                                 ---        ---------    --
undersigned, a notary public in and for the state of Washington, duly 
                                                     ----------
commissioned and sworn, personally appeared Robert Mortell, Jr. to me know to be
                                           --------------------
the President of Ragen MacKenzie the corporation that executed the within and 
    ---------    ---------------
foregoing instrument, and acknowledged the said instrument to be the free and 
voluntary act and deed of said corporation for the uses and purposes therein 
mentioned, and on oath stated that they were authorized to execute said 
instrument, and that the seal affixed, if any, is the corporate seal of said 
corporation. 
   WITNESS my hand and official seal the day and year in this certificate first 
above written.

               Signature /s/ NICOLE J. RESSER
                        ----------------------------------------------
[SEAL          Printed Name  Nicole J. Resser
APPEARS                    -------------------------------------------
HERE]          Notary public in and for the state of Washington, 
               residing at 999 Third Ave., Suite 4300/Seattle WA 98104
                           -------------------------------------------
               My appointment expires: 3/29/2001
                                      --------------------------------
<PAGE>
 
Seventh Amendment to Lease Agreement
Ragen MacKenzie Incorporated
Page 4


LANDLORD: WRIGHT RUNSTAD PROPERTIES L.P.
          a Delaware limited partnership

          By: WRIGHT RUNSTAD ASSET MANAGEMENT L.P.
              a Washington limited partnership
              Its general partner

              By: WRAM, Inc.
                  a Washington corporation
                  Its general partner

                                       By:   /s/ H. JON RUNSTAD
                                           ---------------------------------
                                           Its  Chairman and 
                                                Chief Executive Officer
                                                ----------------------------


                            LANDLORD ACKNOWLEDGMENT

STATE OF WASHINGTON )
                    ) ss.
COUNTY OF KING      )

  THIS IS TO CERTIFY that I know or have satisfactory evidence that [Name
                                                                    ---------
illegible] is the person who appeared before me, and said person acknowledged
-----------
that he signed this instrument, on oath stated that he was authorized to execute
the instrument and acknowledged it as the Chairman and CEO of WRAM, Inc., a
corporation, to me known to be the general partner of WRIGHT RUNSTAD ASSET
MANAGEMENT L.P., a limited partnership, to me known to be the general partner of
WRIGHT RUNSTAD PROPERTIES L.P., the limited partnership that executed the within
and foregoing instrument, and acknowledged the said instrument to be the free
and voluntary act and deed of said corporation and partnerships for the uses and
purposes therein mentioned, and on oath stated that said individual was
authorized to execute said instrument. WITNESS my hand and official seal
this [Date illegible] day of [date illegible], 19[date illegible].
     ----------------        ----------------    ----------------

                      Signature    [Signature illegible]
                                -------------------------------------------   
                      Printed Name [Signature illegible]
                                  -----------------------------------------
                      Notary public in and for the state of Washington,
                      residing at  [Address illegible]                
                                 ------------------------------------------
                      My appointment expires   3/29/ [Date illegible]
                                            -------------------------------
[SEAL APPEARS
    HERE]
<PAGE>
 
                               EIGHTH AMENDMENT

This Eighth Amendment (the "Amendment") is made and entered into as of the 21st
day of September, 1998, by and between EOP Northwest Properties, L.L.C., a
Delaware limited liability company ("Landlord"), and Ragen MacKenzie
Incorporated, a Washington corporation ("Tenant").

                                  WITNESSETH

A.   WHEREAS, Landlord (as Successor in interest to Wright-Carlyle Seattle, a
     Washington general partnership) and Tenant (as successor in interest to
     Cable, Howse & Ragen) are parties to that certain lease dated the 8th day
     of November, 1983, for space currently containing approximately 29,074
     rentable square feet (the "Original Premises") described as Suite No(s).
     4300 and 3710 on the full forty-third (43rd) floor and partial thirty-
     seventh(37th) floor of the building commonly known as First Interstate
     Center and the address of which is 999 Third Avenue, Seattle, WA 98104 (the
     "Building"), which lease has been previously assigned and/or amended by
     instruments dated December 19, 1988, August 24, 1992, June 1, 1993, July
     20, 1995, April 30, 1997, June 6, 1997, and September 26, 1997
     (collectively, the "Lease"); and

B.   WHEREAS, Tenant has requested that additional space known as Suite No. 4150
     containing approximately 2,240 rentable square feet on the forty-first
     (41st) floor of the Building shown on Exhibit A hereto (the "Temporary
     Expansion Space") be added to the Original Premises on a temporary basis
     and that the Lease be appropriately amended and Landlord is willing to do
     the same on the terms and conditions hereinafter set forth;

     NOW, THEREFORE, in consideration of the mutual covenants and agreements
     herein contained and other good and valuable consideration, the receipt and
     sufficiency of which are hereby acknowledged, Landlord and Tenant agree as
     follows:

     I.   EXPANSION AND EFFECTIVE DATE.
          ----------------------------

          A.   For the period commencing on the Expansion Effective Date and
               ending on the Expansion Termination Date (as such terms are
               hereinafter defined), the Premises is temporarily increased from
               29,074 rentable square feet on the forty-third and thirty-seventh
               floors to 31,314 rentable square feet on the forty-third, thirty-
               seventh and forty-first floors by the addition of the Temporary
               Expansion Space, and during the Expansion Space Term (as defined
               below), the Original Premises and the Temporary Expansion Space,
               collectively, shall be deemed the Premises, as defined in the
               Lease. The Lease term for the Temporary Expansion Space (the
               "Expansion Space Term") shall commence on the Expansion Effective
               Date and end on February 28, 2002, unless sooner terminated
               pursuant to the terms of the Lease (the "Expansion Termination
               Date"). The Temporary Expansion Space is subject to all the terms
               and conditions of the Lease except as expressly modified herein
               and except that Tenant shall not be entitled to receive any
               allowances, abatement or other financial concession granted with
               respect to the Original Premises unless such concessions are
               expressly provided for herein with respect to the Temporary
               Expansion Space.

          B.   The Expansion Effective Date shall be March 16, 1998.

     II.  MONTHLY RENT.
          ------------

               In addition to Tenant's obligation to pay Rent for the Original
               Premises, during the Expansion Space Term, Tenant shall pay
               Landlord the sum of FIVE THOUSAND FOUR HUNDRED THIRTEEN AND
               33/100 DOLLARS ($5,413.33) per month as Rent for the Temporary
               Expansion Space with each such installment payable on or before
               the first day of each month during the period beginning on the
               Expansion Effective Date and ending on the Expansion Termination
               Date, prorated for any partial month within the Expansion Space
               Term.

               All such Rent shall be payable by Tenant in accordance with the 
               terms of Article 4 of the Lease.

    III.  ADDITIONAL SECURITY DEPOSIT.
          ---------------------------
               
               (i)  INTENTIONALLY OMITTED.
<PAGE>
 
      IV. TENANT'S PRO RATA SHARE.
          -----------------------

          (i)  Until January 1, 1999, Tenant shall not be obligated to pay its
               Percentage of the Building of increases in Real Property Taxes
               and Operating Costs in excess of Real Property Taxes and
               Operating Costs in the Base Year with respect to the Temporary
               Expansion Space, it being understood that such sum is included in
               the Rent payable with respect to the Temporary Expansion Space
               for the initial portion of the Expansion Space Term ending
               December 31, 1998; provided, however, the foregoing shall not
               affect Tenant's obligation to pay its Percentage of the Building
               of Real Property Taxes and Operating Costs with respect to the
               Original Premises as provided in the Lease. For the period
               commencing January 1, 1999, and ending on the Expansion
               Termination Date, Tenant shall pay its Percentage of the Building
               applicable to the Temporary Expansion Space of increases in
               Operating Costs and Real Property Taxes in excess of Operating
               Costs and Real Property Taxes in the Base Year for the Temporary
               Expansion Space in the same manner that Tenant pays Tenant's pro
               rata share of increases in Operating Costs and Taxes in excess of
               Operating Costs and Taxes in the Base Year for the Original
               Premises as provided in Section 8 of the Lease. During such
               period, Tenant's Percentage of the Building applicable to the
               Temporary Expansion Space is 0.2446%. During such period, the
               Base Year applicable only to the Temporary Expansion Space (and
               not the Original Premises) shall be calendar year 1998.

     V.   IMPROVEMENTS TO TEMPORARY EXPANSION SPACE.
          -----------------------------------------

          A.   CONDITION OF TEMPORARY EXPANSION SPACE. Tenant has inspected the
               Temporary Expansion Space and agrees to accept the same "as is"
               without any agreements, representations, understandings or
               obligations on the part of Landlord to perform any alterations,
               repairs or improvements. Tenant shall vacate the Temporary
               Expansion Space on or prior to the Expansion Termination Date and
               deliver up the Temporary Expansion Space to Landlord in as good
               condition as the Temporary Expansion Space was delivered to
               Tenant, ordinary wear and tear excepted.

          B.   COST OF IMPROVEMENTS TO TEMPORARY EXPANSION SPACE. Any
               construction, alterations or improvements made to the Temporary
               Expansion Space shall be made at Tenant's sole cost and expense.

          C.   RESPONSIBILITY FOR IMPROVEMENTS TO TEMPORARY EXPANSION SPACE. Any
               construction, alterations or improvements to the Temporary
               Expansion Space shall be performed by Tenant using contractors
               selected by Tenant and approved by Landlord and shall be governed
               in all respects by the provisions of paragraphs 3, 4, 5 and 6 of
               Exhibit B.5 of the Seventh Amendment dated September 26, 1997 to
               the Lease. In any and all events, the Expansion Effective Date
               shall not be postponed or delayed if the initial improvements to
               the Temporary Expansion Space are incomplete on the Expansion
               Effective Date for any reason whatsoever. Any delay in the
               completion of initial improvements to the Temporary Expansion
               Space shall not subject Landlord to any liability for any loss or
               damage resulting therefrom.

    VI.   EARLY ACCESS TO TEMPORARY EXPANSION SPACE. During any period that
          -----------------------------------------
          Tenant shall be permitted to enter the Temporary Expansion Space prior
          to the Expansion Effective Date (e.g., to perform alterations or
          improvements, if any), Tenant shall comply with all terms and
          provisions of the Lease, except those provisions requiring payment of
          Rent or additional Rent as to the Temporary Expansion Space. If Tenant
          takes possession of the Temporary Expansion Space prior to the
          Expansion Effective Date for any reason whatsoever (other than the
          performance of work in the Temporary Expansion Space with Landlord's
          prior approval), such possession shall be subject to all the terms and
          conditions of the Lease and this Amendment, and Tenant shall pay Rent
          and Additional Rent as applicable to the Temporary Expansion Space to
          Landlord on a per diem basis for each day of occupancy prior to the
          Expansion Effective Date.

   VII.   MUTUAL TERMINATION OPTION. At any time during the Expansion Space
          -------------------------
          Term, as same may be extended by written agreement between the
          parties, Landlord and Tenant each shall have the right to terminate
          this Lease, with respect to the Temporary Expansion Space only
          ("Termination Option"), for
<PAGE>
 
          any reason by providing at least thirty (30) days prior written notice
          to the other party, in which event, this Lease shall be deemed
          terminated with respect to the Temporary Expansion Space as of the
          date of termination ("Accelerated Expansion Termination Date")
          specified in such notice and Tenant shall vacate the Temporary
          Expansion Space on or prior to the Accelerated Expansion Termination
          Date and deliver up the Temporary Expansion Space to Landlord in as
          good condition as the Temporary Expansion Space was delivered to
          Tenant, ordinary wear and tear excepted. If either party exercises the
          Termination Option as provided for herein, Tenant shall remain liable
          for all obligations relating to the Temporary Expansion Space up to
          and including the Accelerated Expansion Termination Date, including,
          without limitation, the payment of all Rent and other sums due under
          the Lease with respect to the Temporary Expansion Space up to and
          including the Accelerated Expansion Termination Date even though
          billings for such may occur subsequent to the Accelerated Expansion
          Termination Date. In no event shall the termination of the Lease with
          respect to the Temporary Expansion Space as provided herein affect any
          of the rights or obligations of the parties under the Lease with
          respect to the Original Premises or be deemed a termination of the
          Lease with respect to any portion of the Original Premises.
          Notwithstanding anything in this Paragraph VII to the contrary,
          Landlord shall not have the right to exercise its Termination Option
          as above described with respect only to the Temporary Expansion Space,
          unless and until sixty (60) days following Tenant's expansion into
          permanent expansion space in the Building.

  VIII.   NO EXTENSION OR EXPANSION OPTIONS. The parties hereto acknowledge and
          ---------------------------------
          agree that any option or other rights contained in the Lease which
          entitle Tenant to extend the term of the Lease or expand the Premises
          shall apply only to the Original Premises and shall not be applicable
          to the Temporary Expansion Space in any manner.

   IX.    HOLDOVER. If Tenant should holdover in the Temporary Expansion Space
          --------
          after expiration or earlier termination of the Temporary Expansion
          Space Term, any remedies available to Landlord as a consequence of
          such holdover contained in Article 27 of the Lease or otherwise shall
          be applicable, but only with respect to the Temporary Expansion Space
          and shall not be deemed applicable to the Original Premises unless and
          until Tenant holds over in the Original Premises after expiration or
          earlier termination of the Lease Term.

    X.    OTHER PERTINENT PROVISIONS. Landlord and Tenant agree that, effective
          --------------------------
          as of the date hereof (unless different effective date(s) is/are
          specifically referenced in this Section), the Lease shall be amended
          in the following additional respects:

          A.   Paragraph 1(j) of the Lease shall be deleted and the following 
               substituted therefor:

               "Notice Address" shall mean the following addresses for Landlord:
          
               Landlord:

               EOP Northwest Properties, L.L.C.
               c/o Wright Runstad & Company
               First Interstate Center
               999 Third Avenue, Suite 1010
               Seattle, WA  98104
               Attention: Building Manager

               With a copy to:

               EOP Northwest Properties, L.L.C.
               c/o Equity Office Properties Trust
               Two North Riverside Plaza
               Suite 2200
               Chicago, IL  60606
               Attention: General Counsel of Property Operations

               Payments of Rent only shall be made payable to the order of:

               Equity Office Properties
<PAGE>
 
               At the following address:

               EOP Northwest Properties, L.L.C.
               d/b/a First Interstate Center
               P.O. Box 3834
               Seattle, WA 98124-3834

          B.   Paragraph 31 of the Lease, Landlord's Liability, shall be deleted
               and the following substituted therefor:

               LIMITATION OF LIABILITY. Notwithstanding anything to the contrary
               -----------------------
               contained in this lease, the liability of landlord (and of any
               successor landlord hereunder) to tenant shall be limited to the
               interest of landlord in the building, and tenant agrees to look
               solely to landlord's interest in the building for the recovery of
               any judgment or award against the landlord, it being intended
               that neither landlord nor any member, principal, partner,
               shareholder, officer, director or beneficiary of landlord shall
               be personally liable for any judgment or deficiency. Tenant
               hereby covenants that, prior to the filing of any suite for an
               alleged default by landlord hereunder, it shall give landlord and
               all mortgagees whom tenant has been notified hold mortgages or
               deed of trust liens on the property, building or premises notice
               and reasonable time to cure such alleged default by landlord. In
               addition, tenant acknowledges that any entity managing the
               building on behalf of landlord, or which executes this lease as
               agent for landlord, is acting solely in its capacity as agent for
               landlord and shall not be liable for any obligations,
               liabilities, losses or damages arising out of or in connection
               with this lease, all of which are expressly waived by tenant.

    XI.   MISCELLANEOUS.
          -------------

          A.   This Amendment sets forth the entire agreement between the
               parties with respect to the matters set forth herein. There have
               been no additional oral or written representations or agreements.
               Under no circumstances shall Tenant be entitled to any Rent
               abatement, improvement allowance, leasehold improvements, or
               other work to the Premises, or any similar economic incentives
               that may have been provided Tenant in connection with entering
               into the Lease, unless specifically set forth in this Amendment.

          B.   Except as herein modified or amended, the provisions, conditions
               and terms of the Lease shall remain unchanged and in full force
               and effect.

          C.   In the case of any inconsistency between the provisions of the
               Lease and this Amendment, the provisions of this Amendment shall
               govern and control.

          D.   Submission of this Amendment by Landlord is not an offer to enter
               into this Amendment but rather is a solicitation for such an
               offer by Tenant. Landlord shall not be bound by this Amendment
               until Landlord has executed and delivered the same to Tenant.

          E.   The capitalized terms used in this Amendment shall have the same
               definitions as set forth in the Lease to the extent that such
               capitalized terms are defined therein and not redefined in this
               Amendment.

          F.   Tenant hereby represents to Landlord that Tenant has dealt with
               no broker, other than Wright Runstad & Company, in connection
               with this Amendment. Tenant agrees to indemnify and hold
               Landlord, its members, principals, beneficiaries, partners,
               officers, directors, employees, mortgagee(s) and agents, and the
               respective principals and members of any such agents
               (collectively, the "Landlord Related Parties") harmless from all
               claims of any other brokers claiming to have represented Tenant
               in connection with this Amendment. Landlord hereby represents to
               Tenant that Landlord has dealt with no broker other than Wright
               Runstad & Company, in connection with this Amendment. Landlord
               agrees to indemnify and hold Tenant, its members, principals,
               beneficiaries, partners, officers, directors, employees, and
               agents, and the respective principals and members of any such
               agents (collectively, the "Tenant Related Parties") harmless from
               all claims of any other brokers claiming to have represented
               Landlord in connection with this Amendment.

<PAGE>
 
          G.   This Amendment shall be of no force and effect unless and until
               accepted by any guarantors of the Lease, who by signing below
               shall agree that their guarantee shall apply to the Lease as
               amended herein, unless such requirement is waived by Landlord in
               writing.

     IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Amendment 
as of the day and year first above written.

WITNESSES; ATTESTATION               LANDLORD: EOP Northwest Properties, L.L.C.
                                          a Delaware limited liability company

                                     BY:  EOP Northwest Properties, Inc.
                                          a Delaware corporation,
                                          its manager

  /s/ [Signature illegible]
---------------------------               By:  /s/ JOHN GALLANDER
                                             ----------------------------
  /s/ [Signature illegible]               Name:  John Gallander
---------------------------                    --------------------------
                                          Title:  Vice President
                                                -------------------------

                                     TENANT: Ragen MacKenzie, Inc.,
                                          a Washington corporation

-------------------------                 By:  /s/ ROBERT J. MORTELL, JR.
                                             ----------------------------
                                          Name:  Robert J. Mortell, Jr.
-------------------------                      --------------------------
                                          Title:  President and CEO
                                                -------------------------
<PAGE>
 
                           LANDLORD ACKNOWLEDGMENTS

STATE OF (COLORADO)
COUNTY OF (ARAPAHOE) ss:

I, the undersigned, a Notary Public, in and for the County and State aforesaid, 
do hereby certify that John Gallander, personally known to me to be the Vice 
President of EOP Northwest Properties, Inc., a Delaware corporation, manager of 
EOP Northwest Properties, L.L.C., a Delaware limited liability company, and 
personally known to me to be the same person whose name is subscribed to the 
foregoing instrument, appeared before me this day in person and acknowledged 
that as such officer of said entity being authorized so to do, (s)he executed 
the foregoing instrument on behalf of said entity, by subscribing the name of 
such entity by himself/herself as such officer, as a free and voluntary act, and
as the free and voluntary act and deed of said entity, for the uses and purposes
therein set forth.
        GIVEN under my hand and official seal this 22 day of September, 1998.
                                                  

                     Notary Public /s/ [Signature illegible]
                                  ---------------------------------------

                     Printed Name  /s/ [Name illegible]
                                  ---------------------------------------

                                                                      [SEAL
My Commission Expires: 2/18/02                                         APPEARS
                      --------------                                   HERE]
                                                                   

                            TENANT ACKNOWLEDGMENTS
                            
                                  CORPORATION

STATE OF WASHINGTON )
COUNTY OF KING      ) ss:                    MY COMMISSION EXPIRES 02/18/02

   On this the 16th day of July 1998 before me a Notary Public duly authorized
in and for the said County in the State aforesaid to take acknowledgments
personally appeared Robert J. Mortell known to me to be the President of Ragen
MacKenzie, one of the parties described in the foregoing instrument, and
acknowledged that as such officer, being authorized so to do, (s)he executed the
foregoing instrument on behalf of said corporation by subscribing the name of
such corporation by himself/herself as such officer and caused the corporate
seal of said corporation to be affixed thereto, as a free and voluntary act, and
as the free and voluntary act of said corporation, for the uses and purposes
therein set forth.

          IN WITNESS WHEREOF, I hereunto set my hand and official seal.

[SEAL
APPEARS                        Notary Public  YVONNE CARLSON
HERE]                                        --------------------------

                               Printed Name   YVONNE CARLSON
                                             --------------------------

My Commission Expires:  4-01-2000
                      ------------
<PAGE>
 
                                NINTH AMENDMENT

               This Ninth Amendment (the "Amendment") is made and entered into 
          as of the 6th day of November, 1998, by and between EOP Northwest
          Properties, L.L.C., a Delaware limited liability company ("Landlord"),
          and Ragen MacKenzie Incorporated, a Washington corporation ("Tenant").

                                  WITNESSETH

          A.   WHEREAS, Landlord (as successor in interest to Wright-Carlyle
               Seattle, a Washington general partnership) and Tenant (as
               successor in interest to Cable, Howse & Ragen) are parties to
               that certain lease dated the 8th day of November, 1983, for space
               currently containing approximately 31,314 rentable square feet
               (the "Original Premises") described as Suite Nos. 3710,
               4150 and 4300 on the thirty-seventh (37th), forty-first (41st)
               and forty-third (43rd) floors of the building commonly known as
               First Interstate Center and the address of which is 999 Third
               Avenue, Seattle, WA 98104 (the "Building"), which lease has been
               previously amended by instruments dated December 19, 1988, August
               24, 1992, June 1, 1993, July 20, 1995, April 30, 1997, June 6,
               1997, September 26, 1997, and September 21, 1998 (collectively,
               the "Lease"); and

          B.   WHEREAS, Tenant has requested that additional space known as
               Suite Nos. 3760 and 3780 containing approximately 3,971 rentable
               square feet on the thirty-seventh (37th) floor of the Building
               shown on Exhibit A hereto (the "Expansion Space") be added to the
               Original Premises and that the Lease be appropriately amended and
               Landlord is willing to do the same on the terms and conditions
               hereinafter set forth;

          C.   WHEREAS, the Lease by its terms shall expire on February 28, 2002
               ("Prior Expiration Date"), and the parties desire to extend the
               Term of the Lease for only the Expansion Space, all on the terms
               and conditions hereinafter set forth;

               NOW, THEREFORE, in consideration of the mutual covenants and
               agreements herein contained and other good and valuable
               consideration, the receipt and sufficiency of which are hereby
               acknowledged, Landlord and Tenant agree as follows:

               I.   EXPANSION AND EFFECTIVE DATE.
                    ----------------------------

                    A.   For the period commencing on the Expansion Effective
                         Date and ending on the Expiration Date (as such terms
                         are hereinafter defined), the Premises is increased
                         from 31,314 rentable square feet on the forty-first
                         (41st), forty-third (43rd) and thirty-seventh (37th)
                         floors to 35,285 rentable square feet on the forty-
                         first (41st), forty-third (43rd) and thirty-seventh
                         (37th) floors by the addition of the Expansion Space,
                         and during this period, the Original Premises and the
                         Expansion Space, collectively, shall be deemed the
                         Premises, as defined in the Lease. For the period
                         commencing on the day after the Expiration Date and
                         ending on the Expansion Expiration Date, the Lease with
                         respect to the Original Premises shall be terminated
                         and the Premises shall be the Expansion Space only,
                         unless Tenant has exercised its option to extend the
                         Lease term pursuant to Item 15 of Exhibit C to the
                         Lease. The Lease term for the Expansion Space (the
                         "Expansion Space Term") shall commence on the Expansion
                         Effective Date and end on the Expansion Expiration Date
                         (as hereinafter defined), unless sooner terminated
                         pursuant to the terms of the Lease. The Expansion Space
                         is subject to all the terms and conditions of the Lease
                         except as expressly modified herein and except that
                         Tenant shall not be entitled to receive any allowances,
                         abatement or other financial concession granted with
                         respect to the Original Premises unless such
                         concessions are expressly provided for herein with
                         respect to the Expansion Space.

                    B.   The Expansion Effective Date shall be December 1, 1998.

             II.    EXTENSION. The Term with respect to the Expansion Space only
                    ---------
                    is hereby extended for a period of twenty-one (21) months
                    and shall expire on November 30, 2003 ("Expansion Expiration
                    Date"), unless sooner terminated in accordance with the
                    terms of the Lease.

<PAGE>
 
  III.    MONTHLY RENT.
          ------------

          In addition to Tenant's obligation to pay Rent for the Original
          Premises, Tenant shall pay Landlord the sum of Seven Hundred Thirty
          Four Thousand Six Hundred Thirty Five and 20/100 Dollars ($734,635.20)
          as Rent for the Expansion Space in sixty (60) monthly installments as
          follows:

          A.   Sixty (60) equal installments of Twelve Thousand Two Hundred
               Forty Three and 92/100 Dollars ($12,243.92) each payable on or
               before the first day of each month during the period beginning
               December 1, 1998 and ending November 30, 2003.

          All such Rent shall be payable by Tenant in accordance with the terms 
          of Section 4 of the Lease.

   IV.    ADDITIONAL SECURITY DEPOSIT. Intentionally omitted.
          ---------------------------

    V.    TENANT'S PERCENTAGE OF THE BUILDING. For the period commencing with
          -----------------------------------
          the Expansion Effective Date and ending on the Expansion Expiration
          Date, Tenant's Percentage of the Building for the Expansion Space is
          four thousand one hundred eighty-one ten-thousandths percent
          (0.4181%).

   VI.    OPERATING COSTS AND TAXES. For the period commencing on January 1,
          -------------------------
          1999 and ending on the Expansion Expiration Date, Tenant shall pay for
          its pro rata share of Operating Costs and Taxes applicable to the
          Expansion Space in accordance with the terms of Sections 8 and 9 of
          the Lease, as amended; provided, however, during such period, the Base
          Year for the computation of Tenant's pro rata share of Operating Costs
          and Taxes applicable to the Expansion Space is 1998.

  VII.    IMPROVEMENTS TO EXPANSION SPACE.
          -------------------------------

          A.   CONDITION OF EXPANSION SPACE. Tenant has inspected the Expansion
               Space and agrees to accept the same "as is" without any
               agreements, representations, understandings or obligations on the
               part of Landlord to perform any alterations, repairs or
               improvements, except as may be expressly provided otherwise in
               this Amendment.

          B.   COST OF IMPROVEMENTS TO EXPANSION SPACE. Provided Tenant is not
               in default, Tenant shall be entitled to receive an improvement
               allowance (the "Expansion Improvement Allowance") in an amount
               not to exceed Thirty Nine Thousand Seven Hundred Ten and No/100
               Dollars ($39,710.00) (i.e.,$10.00 per rentable square foot of the
               Expansion Space) to be applied toward the cost of performing
               initial construction, alteration or improvement of the Expansion
               Space, including but not limited to the cost of space planning,
               design and related architectural and engineering services. In the
               event the total cost of the initial improvements to the Expansion
               Space exceeds the Expansion Improvement Allowance, Tenant shall
               pay for such excess upon demand. The entire unused balance of the
               Expansion Improvement Allowance, if any, shall accrue to the sole
               benefit of Landlord. Landlord shall pay such Expansion
               Improvement Allowance directly to the contractors retained to
               perform the construction, design or related improvement work to
               the Expansion Space.

          C.   RESPONSIBILITY FOR IMPROVEMENTS TO EXPANSION SPACE. Landlord
               shall enter into a direct contract for the initial improvements
               to the Expansion Space with a general contractor selected by
               Landlord. Tenant shall devote such time in consultation with
               Landlord or Landlord's architect as may be required to provide
               all information Landlord deems necessary in order to enable
               Landlord to complete, and obtain Tenant's written approval of,
               the plans for the initial improvements to the Expansion Space in
               a timely manner. All plans for the initial improvements to the
               Expansion Space shall be subject to Landlord's consent, which
               consent shall not be unreasonably withheld. If the cost of such
               improvements exceeds the Expansion Improvement Allowance, then
               prior to commencing any construction of improvements to the
               Expansion Space, Landlord shall submit to Tenant and written
               estimate setting forth the anticipated cost, including but not
               limited
<PAGE>
 
               to the cost of space planning, design and related architectural
               and engineering services, labor and materials, contractor's fees,
               and permit fees. Within a reasonable time thereafter, Tenant
               shall either notify Landlord in writing of its approval of the
               cost estimate or specify its objections thereto and any desired
               changes to the proposed improvements. In the event Tenant
               notifies Landlord of such objections and desired changes, Tenant
               shall work with Landlord to reach a mutually acceptable
               alternative cost estimate.

          D.   Tenant acknowledges that the improvement work to the Expansion
               Space may be performed by Landlord in the Expansion Space during
               Normal Business Hours subsequent to the Expansion Effective Date.
               Landlord and Tenant agree to cooperate with each other in order
               to enable the improvement work to the Expansion Space to be
               performed in a timely manner and with as little inconvenience to
               the operation of Tenant's business as is reasonably possible.
               Notwithstanding anything herein to the contrary, any delay in the
               completion of the improvement work to the Expansion Space or
               inconvenience suffered by Tenant during the performance of the
               improvement work to the Expansion Space shall not subject
               Landlord to any liability for any loss or damage resulting
               therefrom or entitle Tenant to any credit, abatement or
               adjustment of Rent or other sums payable under the Lease.

 VIII.    EARLY ACCESS TO EXPANSION SPACE. During any period that Tenant shall
          -------------------------------
          be permitted to enter the Expansion Space prior to the Expansion
          Effective Date (e.g., to perform alterations or improvements, if any),
          Tenant shall comply with all terms and provisions of the Lease, except
          those provisions requiring payment of Rent of Additional Rent as to
          the Expansion Space. If Tenant takes possession of the Expansion Space
          prior to the Expansion Effective Date for any reason whatsoever (other
          than the performance of work in the Expansion Space with Landlord's
          prior approval), such possession shall be subject to all the terms and
          conditions of the Lease and this Amendment, and Tenant shall pay Rent
          and Additional Rent as applicable to the Expansion Space to Landlord
          on a per diem basis for each day of occupancy prior to the Expansion
          Effective Date.

    IX.   OTHER PERTINENT PROVISIONS. Landlord and Tenant agree that, effective
          --------------------------
          as of the date hereof (unless different effective dates are
          specifically referenced in this Section), the Lease shall be amended
          in the following additional respects:

          A.   PARKING. Effective as of the Expansion Effective Date, Section
               -------
               1(i), "Parking", of the Lease is deleted in its entirety and the
               following shall be substituted in lieu thereof as Item 18 to
               Exhibit C, Addendum to Lease:

               18.  PARKING.

                    A.   During the period commencing on the Expansion Effective
                         Date and ending on the Expiration Date, Tenant agrees
                         to lease from Landlord and Landlord agrees to lease to
                         Tenant up to a total of twenty three (23) unreserved,
                         self-park parking spaces (collectively, the "Spaces")
                         plus two (2) unreserved valet-park parking spaces on a
                         monthly as available basis, as determined by Landlord,
                         in the Building garage ("Garage") for the use of Tenant
                         and its employees. During the period commencing March
                         1, 2002 and ending on the Expansion Expiration Date,
                         Tenant shall have the right to lease from Landlord and
                         Landlord agrees to lease to Tenant up to a total of two
                         (2) unreserved, self-park parking spaces (collectively,
                         the "Spaces") in the Building garage ("Garage") for the
                         use of Tenant and its employees. No deductions or
                         allowances shall be made for days when Tenant or any of
                         its employees does not utilize the parking facilities
                         or for Tenant utilizing less than all of the Spaces.
                         Tenant shall not have the right to lease or otherwise
                         use more than the number of reserved and unreserved
                         Spaces set forth above.
<PAGE>
 
                    B.   In addition Landlord will work with Tenant to satisfy
                         its parking needs to the extent possible given the
                         terms or conditions of other leases in the Building. So
                         long as there is a surplus of parking spaces in the
                         Garage due to Wells Fargo Bank (or its successor in the
                         lease) not using all of the parking called for in its
                         lease, Tenant may lease up to forty nine (49) parking
                         spaces in the Garage.

                    C.   During the period commencing on the Expansion Effective
                         Date and ending on the Expansion Expiration Date,
                         Tenant shall pay Landlord the sum of $200.00 per month,
                         plus applicable tax thereon, if any, for each
                         unreserved Space leased by Tenant hereunder, as such
                         rates may be adjusted from time-to-time to reflect the
                         then current rate for parking in the Garage.

                    D.   Except for particular spaces and areas designated by
                         Landlord for reserved parking, all parking in the
                         Garage and surface parking areas serving the Building
                         shall be on an unreserved, first-come, first-served
                         basis.

                    E.   Landlord shall not be responsible for money, jewelry,
                         automobiles or other personal property lost in or
                         stolen from the Garage or the surface parking areas
                         regardless of whether such loss or theft occurs when
                         the Garage or other areas therein are locked or
                         otherwise secured. Except as caused by the negligence
                         or willful misconduct of Landlord and without limiting
                         the terms of the preceding sentence, Landlord shall not
                         be liable for any loss, injury or damage to persons
                         using the Garage or the surface parking areas or
                         automobiles or other property therein, it being agreed
                         that, to the fullest extent permitted by law, the use
                         of the Spaces shall be at the sole risk of Tenant and
                         its employees.

                    F.   Landlord shall have the right from time to time to
                         designate the location of the Spaces and to promulgate
                         reasonable rules and regulations regarding the Garage,
                         the surface parking areas, if any, the Spaces and the
                         use thereof, including, but not limited to, rules and
                         regulations controlling the flow of traffic to and from
                         various parking areas, the angle and direction of
                         parking and the like. Tenant shall comply with and
                         cause its employees to comply with all such rules and
                         regulations as well as all reasonable additions and
                         amendments thereto.

                    G.   Tenant shall not store or permit its employees to store
                         any automobiles in the Garage or on the surface parking
                         areas without the prior written consent of Landlord.
                         Except for emergency repairs, Tenant and its employees
                         shall not perform any work on any automobiles while
                         located in the Garage or on the Property. If it is
                         necessary for Tenant or its employees to leave an
                         automobile in the Garage or on the surface parking
                         areas overnight, Tenant shall provide Landlord with
                         prior notice thereof designating the license plate
                         number and model of such automobile.
                       
                    H.   Landlord shall have the right to temporarily close the
                         Garage or certain areas therein in order to perform
                         necessary repairs, maintenance and improvements to the
                         Garage or the surface parking areas, if any.

                    I.   Tenant shall not assign or sublease any of the Spaces
                         without the consent of Landlord. Landlord shall have
                         the right to terminate this Parking Agreement with
                         respect to any Spaces that Tenant desires to sublet or
                         assign.


 






















 










<PAGE>
 
                    J.   Landlord may elect to provide parking cards or keys to
                         control access to the Garage or surface parking areas,
                         if any. In such event, Landlord shall provide Tenant
                         with one card or key for each Space that Tenant is
                         leasing hereunder, provided that Landlord shall have
                         the right to require Tenant or its employees to place a
                         deposit on such access cards or keys and to pay a fee
                         for any lost or damaged cards or keys.

                    K.   Landlord hereby reserves the right to enter into a
                         management agreement or lease with an entity for the
                         Garage ("Garage Operator"). In such event, Tenant, upon
                         request of Landlord, shall enter into a parking
                         agreement with the Garage Operator and pay the Garage
                         Operator the monthly charge established hereunder, and
                         Landlord shall have no liability for claims arising
                         through acts or omissions of the Garage Operator unless
                         caused by Landlord's negligence or willful misconduct.
                         It is understood and agreed that the identity of the
                         Garage Operator may change from time to time during the
                         Lease Term. In connection therewith, any parking lease
                         or agreement entered into between Tenant and a Garage
                         Operator shall be freely assignable by such Garage
                         Operator or any successors thereto.

          B.   Exhibit B, Building Rules and Regulations, attached hereto shall
               be added to the Lease and made a part thereof.

          C.   Landlord and Tenant specifically agree that should Tenant
               effectively exercise either or both of its options to extend the
               Lease term pursuant to Item 15 of Exhibit C to the Lease, such
               extensions shall automatically apply to the Original Premises as
               well as the Expansion Space, and the Original Premises and the
               Expansion Space thereupon shall be subject to the terms of Item
               15 of Exhibit C to the Lease. The Lease term then as to said
               Original Premises and the Expansion Space shall expire
               coterminously at the conclusion of the 2002 Extended Term or the
               2007 Extended Term, as the case may be.

     X.   Miscellaneous.
          -------------

          A.   This Amendment sets forth the entire agreement between the
               parties with respect to the matters set forth herein. There have
               been no additional oral or written representations or agreements.
               Under no circumstances shall Tenant be entitled to any Rent
               abatement, improvement allowance, leasehold improvements, or
               other work to the Premises, or any similar economic incentives
               that may have been provided Tenant in connection with entering
               into the Lease, unless specifically set forth in this Amendment.

          B.   Except as herein modified or amended, the provisions, conditions
               and terms of the Lease shall remain unchanged and in full force
               and effect.

          C.   In the case of any inconsistency between the provisions of the
               Lease and this Amendment, the provisions of this Amendment shall
               govern and control.

          D.   Submission of this Amendment by Landlord is not an offer to enter
               into this Amendment but rather is a solicitation for such an
               offer by Tenant. Landlord shall not be bound by this Amendment
               until Landlord has executed and delivered the same to Tenant.

          E.   The capitalized terms used in this Amendment shall have the same
               definitions as set forth in the Lease to the extent that such
               capitalized terms are defined therein and not redefined in this
               Amendment.

          F.   Tenant hereby represents to Landlord that Tenant has dealt with
               no broker, other than Wright Runstad & Company, in connection
               with this
<PAGE>
 
               Amendment. Tenant agrees to indemnify and hold Landlord, its
               members, principals, beneficiaries, partners, officers,
               directors, employees, mortgagee(s) and agents, and the respective
               principals and members of any such agents (collectively, the
               "Landlord Related Parties") harmless from all claims of any other
               brokers claiming to have represented Tenant in connection with
               this Amendment. Landlord hereby represents to Tenant that
               Landlord has dealt with no broker other than Wright Runstad &
               Company, in connection with this Amendment. Landlord agrees to
               indemnify and hold Tenant, its members, principals,
               beneficiaries, partners, officers, directors, employees, and
               agents, and the respective principals and members of any such
               agents (collectively, the "Tenant Related Parties"), harmless
               from all claims of any other brokers claiming to have represented
               Landlord in connection with this Amendment.

     IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Amendment 
as of the day and year first above written.

                                  LANDLORD:  EOP NORTHWEST PROPERTIES, L.L.C.,
                                             A DELAWARE LIMITED LIABILITY
                                             COMPANY

                                        BY:  EOP Northwest Properties, Inc.
                                             a Delaware corporation, its manager


                                             By: /s/ KIM KOEHN
                                                 -------------------------------

                                             NAME: KIM KOEHN
                                                   -----------------------------

                                             Title: Senior Vice President
                                                    ----------------------------


                                    TENANT:  RAGEN MACKENZIE, INCORPORATED,
                                             A WASHINGTON CORPORATION


                                    By:  /s/ ROBERT MORTELL, JR.
                                         ----------------------------------

                                    Name:  Robert Mortell, Jr.
                                           --------------------------------

                                   Title:  President
                                           --------------------------------

<PAGE>
 
                           LANDLORD ACKNOWLEDGMENTS

STATE OF  (COLORADO)
           --------
COUNTY OF (ARAPOHOE) ss:
           --------

     I, the undersigned, a Notary Public, in and for the County and State 
aforesaid, do hereby certify that Kim J. Koehn, personally known to me to be 
                                  ------------
the Vice President of EOP Northwest Properties, Inc., a Delaware corporation,
    ----
manager of EOP Northwest Properties, L.L.C., a Delaware limited liability
company, and personally known to me to be the same person whose name is
subscribed to the foregoing instrument, appeared before me this day in person
and acknowledged that as such officer of said entity being authorized so to do,
(s)he executed the foregoing instrument on behalf of said entity, by subscribing
the name of such entity by himself/herself as such officer, as a free and
voluntary act, and as the free and voluntary act and deed of said entity, for
the uses and purposes therein set forth.
     GIVEN under my hand and official seal this 16 day of November 1998
                                               ---       ---------   --
 
                                      Notary Public /s/ [Signature illegible]
                                                   --------------------------
             
                                      Printed Name /s/ [Name illegible]
                                                  -----------------------

                              [SEAL APPEARS HERE]
                                    
My Commission Expires: 2/18/02
                      --------

                            TENANT ACKNOWLEDGMENTS
                                  Corporation

STATE OF (WASHINGTON)
          ----------
COUNTY OF (KING     ) ss:
           ---------

     On this the 30th day of October, 1998, before me a Notary Public duly
                 ----        -------    --
authorized in and for the said County in the State aforesaid to take
acknowledgments personally appeared Robert J. Mortell, Jr. known to me to be the
                                    ----------------------                   ---
President of Ragen MacKenzie one of the parties described in the foregoing
             ---------------
instrument, and acknowledged that as such officer, being authorized so to do,
(s)he executed the foregoing instrument on behalf of said corporation by
subscribing the name of such corporation by himself/herself as such officer
and caused the corporate seal of said corporation to be affixed thereto, as a
free and voluntary act, and as the free and voluntary act of said corporation,
for the uses and purposes therein set forth .

      IN WITNESS WHEREOF, I hereunto set my hand and official seal.

                                      Notary Public  /s/ YVONNE CARLSON      
                                                    --------------------
                                                                          [SEAL
                                                                         APPEARS
                                      Printed Name   YVONNE CARLSON       HERE]
                                                  ----------------------
My Commission Expires: 4.1.2000
                      ----------