Document:

SOFTWARE SALE AND USE AGREEMENT

         This agreement is entered into by and between Divergent Technologies
(Pty) Limited, (ACN 003 908 325), ("Seller") and Resource Control Management
Ltd. ("Buyer"). The effective date of this agreement is September 18, 1999.

         Seller agrees to sell and Buyer agrees to purchase the defined software
on a non-exclusive basis under the terms and conditions set forth herein.

         The defined software is the "dolfin" Retain Management Systems, version
1, with object code written in "magic" ("RADT"). This version is multi-platform
and does operate, in its current configuration, on AS/400, Unix, and Windows
environments only. This sale includes the core-code without supplemental
modification only or point of sale interface.

         Seller has provided Buyer an evaluation coy of the software as of July
31, 1999. Buyer has completed a 45 day evaluation period and agrees that the
software, as provided, is suitable for their development only purposes. The
parties agree that the software, as provided, is not and will not be a fully
functional retail management system and will not function without further
expansion and modification. Seller further states that the software being sold
is not currently being used by any of Seller's existing clients.

         The consideration for this ale will be A$5,525,700 and will be due and
payable as defined herein. The parties agree that the sum will be non-refundable
upon receipt of payment. Divergent makes, implies or expresses no warranties
regarding the suitability or adequacy of the software. Divergent will not
provide technical support or services for the software.

         The parties agree to the following specific restrictions on the use of
the software:

         The software will be used by the Buyer as a rapid development tool for
the creation of a retail management system to be separately marketed and
branded.

         The trademark name "dolfin," the name Divergent Technologies, SVI
Systems, Inc., SVI Retail, Inc., Softline Limited or any affiliate thereof may
not be used in any way in the development or future marketing of the
contemplated retail management system.

         Upon completion of their retail system development, the Buyer agrees to
limit any use, sale or licensing of their retail management system to the
following specific areas on a non-exclusive basis:

                  1.       Africa (the continent)
                  2.       United Kingdom
                  3.       Scotland
                  4.       Ireland
                  5.       Norway
<PAGE>

         Payment Schedule: Buyer agrees to pay to seller the sum of A$5,525,700
on the dates and in the sums as follows:

                  On date of Agreement               A$2,762,850
                  31 December 1999                   A$2,762,850

                  Total of payments                  A$5,525,700

         Any payment not received by the Seller in a timely manner will bear 8%
annum interest from the day following the due date.

         All correspondence between the parties will be handled as follows:

                 Seller:

                 Divergent Technologies (Pty) Ltd.
                 Level 1, 35 Spring Street
                 Bondi Junction
                 Sydney, NSW 2022
                 Australia
                 Phone:    011-61-29-389-3555
                 Fax:      011-61-29-387-7110
                 Contact:  Shaun Rosen, MD - Retail Operations

                 Buyer:

                 Resource Control Management Limited (UK)
                 Docklands Business Centre
                 10-16 Tiller Road
                 London, F14 8PX
                 United Kingdom
                 Phone:    011-44-01-71-531-0388
                 Fax:      011-44-01-71-531-0383
                 Contact:  Gabriel Scallon, Managing Director

         Signed this date:  September 16, 1999

         Seller:                                              Buyer:

/s/ Barry Schechter                          /s/ Gabriel Scallon
------------------------------------        ------------------------------------
Barry Schechter                                      Gabriel Scallon
Chairman of the Board                                Managing Director

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<PAGE>

                                [SVI LETTERHEAD]

January 18, 2000                                     Fax: 011-44-01-71-53l-0383

Mr. Gabriel Scallon
Managing Director
Resource Control Management, Ltd. (UK)
Dooklands Business Centre
10-16 Tiller Road
London, F14 8PX
United Kingdom

Re:  Overdue Payments/Software Sale

Dear Gabriel:

I am very disappointed with the delays in our agreed payment schedule. I
appreciate that you have kept Shaun and I informed of our financing status,
however, the delay is causing the Company undue hardship.

Per our most recent conversation, SVI will waive the accrued interest provisions
of our agreement dated September 18, 1999 provided you make the following
payments as specified below in a timely manner:

o        On or before May 1, 2000 the sum of A$3,070,000 or US$2,000,000
o        On or before August 31, 2000 the balance of A$2,455,700 or US$1,600,000

Gabriel, there can be no further delays. These payments must be made in timely
manner.

Regards,

/s/ Barry Schechter

Barry Schechter
Chief Executive Officer

12707 High Bluff Drive, Suite 355
San Diego, CA  92130
858-431-0103 oFAX 858-481-9703

<PAGE>

                                [SVI LETTERHEAD]

May 10, 2000

Mr. Gabriel Scallon
Managing Director
Resource Control Management Limited (UK)
Docklands Business Centre
10-18 Tiller Road
London, F14 8PX
United Kingdom

Re:      Proposed amendments to our Software Sale and Use Agreement, dated
         September 16, 1999

Dear Gabriel:

         To clarify the intent of the parties to the agreement, I ask that you
agree with me to the following specific changes in the language of the Contract:

         Page 1, Paragraph 4, the last sentence will be stricken in its entirety
and replaced with the following language:

         "Seller further states that the software being sold is software that
         continues to be marketed regularly to new and existing clients of the
         seller."

         Page 1, Paragraph 5, the second sentence will be stricken in its
entirety and replaced with the following language:

         "The parties agree that the sum stated herein is non-refundable as of
         September 16, 1999, the effective date of this agreement."

         Gabriel, we are in the late states of our annual audit and request that
you review the above changes, sign below indicating your acceptance of the
amended language and fax a copy back to my attention at (858) 481-0353 as soon
as possible. Please also mail the original signature copy to my attention at our
address below.

Regards,

/s/ Barry M. Schechter

Barry M. Schechter                   I agree with the amended language as
Chief Executive Officer              proposed herein.

                                     /s/ Gabriel Scallon       10/05/00
                                     ------------------------------------
                                     Gabriel Scallon             Date
                                     Managing Director
                                     Resource Control Management Limited (UK)

   12707 High Bluff Drive, Suite 336 - San Diego, CA 92130 - (858) 481-0103 -
                               Fax (858) 481-9703PROMISSORY NOTE

$10,000,000.00                                                     July 11, 2000
                                                           San Diego, California

         FOR VALUE RECEIVED, SVI Holdings, Inc., a Nevada corporation ("Maker"),
promises to pay to the order of Softline Limited, a South African corporation
("Holder") the principal sum of ten million dollars ($10,000,000.00), with
interest on such principal sum from the date of this Note until paid at the rate
of ten percent (10%) per annum, payable as more fully set forth below:

         1. PAYMENTS. On or before August 1, 2001, all unpaid principal and
accrued interest under this Note shall become due and payable. Holder may extend
the term of this Note in its sole and absolute discretion. Maker shall pay
Holder accrued interest monthly in arrears commencing on August 31, 2000 and the
last day of each month thereafter.

         2. MANNER OF PAYMENTS. All payments by Maker under this Note shall be
(a) made in lawful money of the United States of America without set-off,
deduction or counterclaim of any kind whatsoever, except as expressly provided
in this Note, (b) credited first to amounts for late charges, if any, second to
amounts for Holder's costs of enforcing this Note, if any, third to any accrued
interest under this Note and finally to the principal balance under this Note,
and (c) deemed paid by Maker upon their actual receipt by Holder. Interest for
any period less than one year shall be calculated on the basis of 1/360th of one
year's interest multiplied by the number of days during such period.

         3. COMMERCIAL PURPOSES. Maker acknowledges that the loan evidenced by
this Note is obtained for business or commercial purposes and that the proceeds
of such loan will not be used primarily for personal, family, household or
agricultural purposes.

         4. NOTE WAIVERS. Maker waives presentment, demand, protest, notice of
demand and dishonor.

         5. PREPAYMENT WITHOUT PENALTY. This Note may be prepaid in whole or in
part at any time without penalty.

         6. GOVERNING LAW. This Note shall be governed by and must be construed
in accordance with the laws of the State of California.

         7. FURTHER ASSURANCES. Maker shall execute all instruments and
documents and take all actions as may be reasonably required to effectuate this
Note.

         8. VENUE AND JURISDICTION. All actions and proceedings arising in
connection with this Agreement must be tried and litigated exclusively in the
State and Federal courts located in the County of San Diego, State of
California, which courts are acknowledged to have personal jurisdiction over
each of the parties to this Note for the purpose of adjudicating all matters
arising out of or related to this Note and are further acknowledged to be the

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<PAGE>

proper venue for adjudication of such disputes. Each party authorizes and
accepts service of process sufficient for personal jurisdiction in any action
against it as contemplated by this paragraph by registered or certified mail,
return receipt requested, postage prepaid, to its address for the giving of
notices set forth in this Agreement.

         9. TIME OF ESSENCE. Time and strict and punctual performance are of the
essence with respect to each provision of this Note. Notwithstanding the
foregoing, Maker shall not be deemed in default for failure to pay when due any
principal, interest or other amounts due under this Note unless and until five
days have elapsed from the date Holder gives written notice of such failure and
Maker has failed to make such payment within such five-day period.

         10. ATTORNEY'S FEES. In the event any litigation, arbitration,
mediation, or other proceeding ("Proceeding") is initiated by any party(ies)
against any other party(ies) to enforce, interpret or otherwise obtain judicial
or quasi-judicial relief in connection with this Note, the prevailing party(ies)
in such Proceeding shall be entitled to recover from the unsuccessful party(ies)
all costs, expenses, actual attorney's and expert witness fees, relating to or
arising out of (d) such Proceeding (whether or not such Proceeding proceeds to
judgment), and (e) any post-judgment or post-award proceeding including without
limitation one to enforce any judgment or award resulting from any such
Proceeding. Any such judgment or award shall contain a specific provision for
the recovery of all such subsequently incurred costs, expenses, and actual
attorney's fees.

         11. PRIOR UNDERSTANDINGS. This Note contains the entire agreement
between the parties to this Note with respect to the subject matter of this
Note, is intended as a final expression of such parties' agreement with respect
to such terms as are included in this Note, is intended as a complete and
exclusive statement of the terms of such Note, and supersedes all negotiations,
stipulations, understandings, agreements, representations and warranties, if
any, with respect to such subject matter, which precede or accompany the
execution of this Note.

         12. MODIFICATION. This Note may be modified only by a contract in
writing executed by Maker and Holder.

         13. HEADINGS. The headings of the Paragraphs of this Note have been
included only for convenience, and shall not be deemed in any manner to modify
or limit any of the provisions of this Note, or be used in any manner in the
interpretation of this Note.

         14. WAIVER. Any waiver of a default under this Note must be in writing
and shall not be a waiver of any other default concerning the same or any other
provision of this Note. No delay or omission in the exercise of any right or
remedy shall impair such right or remedy or be construed as a waiver. A consent
to or approval of any act shall not be deemed to waive or render unnecessary
consent to or approval of any other or subsequent act.

                                Maker:   SVI HOLDINGS, INC., a California
                                         corporation

                                         By: /s/ Barry M. Schechter
                                            ----------------------------------

                                         (Print Name) Barry M. Schechter
                                                     -------------------------

                                         Title: Chief Executive Office
                                                ------------------------------

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