Document:

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                                                                    EXHIBIT 10.8

                         PROFESSIONAL SERVICE AGREEMENT

between        NetStaff, Inc.,                           (referred to as "NTSF")
               168 South Park,
               San Francisco,
               CA 94107

and            Elliott, Lane & Associates, Inc.,          (referred to as "ELA")
               31951 Sunset Ave,
               Laguna Beach,
               CA 92677

Whereas, NTSF desires to seek investor relations representation in Germany and
other European countries and,

Whereas, NTSF desires ELA to represent NTSF through its affiliations in Germany
("affiliates") and other European countries for disseminating investor relations
(I.R.) information and creating awareness of NTSF in the European financial
community.

NOW THEREFORE, in consideration of the foregoing and the mutual promises, the
parties hereto, intending to be legally bound, hereby agree as follows:

1.      ELA, through its German affiliates, will distribute and disseminate
        information exclusively provided by NTSF to existing and potential
        shareholders in Europe.

2.      ELA, upon receipt of all documentation listed in Exhibit A attached
        hereto, will use its best efforts to seek a listing of NTSF shares on
        the Berlin OTC Exchange. Also, ELA, through its German affiliates, will
        distribute and disseminate information exclusively provided by NTSF to
        existing and potential shareholders in Europe. In addition ELA will
        coordinate with and assist NTSF with the entity chosen by NTSF to
        facilitate in the listing of NTSF shares on the Frankfurt OTC Exchange.

3.      ELA will provide such services as listed in Exhibit B for a period of
        six months, beginning on the date of this agreement provided the cash
        and stock fee is received by ELA, pursuant to the terms of Section 6.

4.      NTSF will make a good faith effort to keep ELA informed and advised
        about all public information available about NTSF and that information
        alone will be the source of information for dissemination and
        translation to shareholders or other interested parties in Europe. ELA
        will keep NTSF informed of its activities on behalf of NTSF including,
        but not limited to, providing a monthly report if so requested by NTSF,
        in English, of such activities performed in the prior thirty (30) day
        period and activities projected for the next thirty (30) day period. All
        materials prepared by ELA relating to NTSF will be subject to review and
        modification by NTSF prior to their distribution by ELA. To facilitate
        this process, NTSF will commit to a turn-around time of two (2) business
        days from the time it receives the material for review.

                                  Page 1 of 7
<PAGE>   2

5.      NTSF will send to ELA three copies of all filings made by NTSF with the
        Securities and Exchange Commission, NASD or other Stock Exchanges,
        immediately upon filing. One copy of every filing/press release will be
        faxed directly to the U.K. office of ELA. NTSF's personnel will be
        available to ELA's affiliates for periodic updates, upon reasonable
        notice. NTSF, as part its first press release relating to any European
        Listing, will include a statement (to be approved by ELA) that ELA has
        been retained for the European Investor Relations services mentioned
        herein.

6.      ELA's remuneration for the above services outlined will be as follows:

             a) NTSF will pay ELA a total of $42,000 USD plus One Hundred
             thousand (100,000) Cashless Stock Warrants. Such cash and stock
             payment will be made to ELA as follows:-

             b) An `initial amount' of $15,000 will be paid by NTSF coincident
             with the signing of this agreement. Upon receipt of the `initial
             amount', ELA will seek a listing for NTSF on the Berlin OTC
             Exchange and provide services listed in Exhibit B item 1. A second
             amount of $15,000 will be paid to ELA within two (2) business days
             of NTSF shares being listed on the Berlin OTC Exchange and a third
             amount of $12,000 (being the balance of the $12,000 cash fee) will
             be paid to ELA within thirty business (30) days of NTSF shares
             being listed on the Berlin OTC Exchange or five (5) business days
             before the commencement date of the European Investor Relations
             Roadshow, whichever is the sooner.

             c) NTSF will, coincident with the signing of this agreement, issue
             a Cashless Warrant to purchase 40,000 shares of NTSF's common stock
             to ELA (or its assigns). The Cashless Warrant shall have a three
             (3) year term and shall entitle the holder to purchase 40,000
             shares at an exercise price of $4.50 per share and carry piggy-back
             registration rights.

             d) NTSF will, coincident with the listing of NTSF shares on the
             Berlin OTC Exchange, issue a Cashless Warrant to purchase 30,000
             shares of NTSF's common stock to ELA (or its assigns). The Cashless
             Warrant shall have a three (3) year term and shall entitle the
             holder to purchase 30,000 shares at an exercise price of $5.50 per
             share and carry piggy-back registration rights.

             e) NTSF will, coincident with the listing of NTSF shares on the
             Berlin OTC Exchange, issue a Cashless Warrant to purchase 30,000
             shares of NTSF's common stock to ELA (or its assigns). The Cashless
             Warrant shall have a three (3) year term and shall entitle the
             holder to purchase 30,000 shares at an exercise price of $6.50 per
             share and carry piggy-back registration rights.

7.      Special Conditions (Road-Show Presentations): All road show
        presentations will be at the Company's request and billed separately at
        $4,500 USD per location (Germany/Switzerland). Each presentation is
        usually a luncheon for up to approximately 40 invited guests/investors.
        Also, related cost such as travel and expenses are approximately $1,500
        USD per presentation, for a total cost to the Company of $6,000 per
        location. We highly recommend at least two (2) road-show presentations
        per year.

                                  Page 2 of 7
<PAGE>   3

8.      Indemnification. The Company agrees to indemnify and hold ELA, its
        attorneys and all of its officers, directors, employees, affiliates and
        agents harmless from and against any and all manner of actions, causes
        of action, claims, demands, costs, damages, liabilities, losses,
        obligations and expenses (including actual attorney's fees) arising or
        resulting from or related to ELA's performance of the services pursuant
        hereunder, unless they are due to breach of this agreement or negligence
        or misconduct of ELA.

9.      Law, Forum and Jurisdiction. This agreement shall be construed and
        interpreted in accordance with the laws of the State of California. The
        parties agree that any dispute arising under or with respect to or in
        connection with this agreement, whether during the term of this
        agreement or at any subsequent time, shall be resolved fully and
        exclusively by binding arbitration in accordance with the commercial
        rules then in force of the American Arbitration Association and the
        proceedings taking place in Santa Ana, California.

10.     Attorney's Fees. In the event that any party institutes any action to
        enforce this Agreement or to secure relief from any default hereunder or
        breach hereof, the prevailing party shall be entitled to reimbursement
        from the non-prevailing party for all costs, including reasonable
        attorney's fees, incurred in connection therewith and in enforcing or
        collecting any judgment rendered therein.

11.     Confidentiality. The NTSF and ELA agree that unless and until mutually
        agreed upon, they and their representatives will hold in strict
        confidence all data and information obtained with respect to the other
        party or any subsidiary thereof from any representative, consultant,
        officer, director or employee, or from any books or records or from
        personal inspection, of such other party, and shall not use such data or
        information or disclose the same to others, except:

             (i) to the extent such data or information are a matter of public
             knowledge or are required by law to be published; and,

             (ii) to the extent that such data or information must be used or
             disclosed in order to consummate the transactions contemplated by
             this Agreement.

12.     Entire Agreement. This Agreement applies to transactions which involve
        successors, assigns, affiliates or subsidiary companies or entities.
        This agreement represents the entire agreement between the parties
        hereto relating to the subject matter hereof. This agreement alone fully
        and completely expresses the agreement of the parties relating to the
        subject matter hereof and there are no other courses of dealing,
        understandings, agreements, representations or warranties, written or
        oral, except as set forth herein. This Agreement may not be amended or
        modified, except by a written agreement signed by all parties hereto.

                                  Page 3 of 7
<PAGE>   4

Wherefore, the parties have executed this Agreement this 31st day of March,
2000.

NETSTAFF, INC.,

By:  /s/ PATRICK RYLEE
   -----------------------------------
        Patrick Rylee, CEO

ELLIOTT, LANE & ASSOCIATES, INC.,

By:   /s/ H. ELI ELLIOTT
   -----------------------------------
        Eli Elliott, Principal

                                  Page 4 of 7
<PAGE>   5

                                    EXHIBIT A

     INFORMATION REQUIRED FOR LISTING APPROVAL ON A GERMAN STOCK EXCHANGE:

1.           The Company's latest Form 10K or Annual Report *

        2.   Corporate brochure or corporate overview (if available)

        3.   Last 6 months press releases *

        4.   Copies of any media or analyst reports (if available)

        5.   Standard & Poor listing sheet (if available)

        6.   Letter's on the Company's letterhead addressed as follows:*

        * Mandatory

================================================================================

Dear Sirs,
We hereby apply for a listing on the Berlin OTC Exchange at as early a date as
possible. We are looking forward to being a participant in this market as soon
as possible.

Very truly yours,
NetStaff, Inc.,

By:                                         Date:
   ------------------------------                -------------------------------
        Patrick Rylee, CEO

================================================================================

Dear Sirs,
We hereby apply for a listing on the Frankfurt Exchange at as early a date as
possible. We are looking forward to being a participant in this market as soon
as possible.
Very truly yours,
NetStaff, Inc.,

By:                                         Date:
   ------------------------------                -------------------------------
        Patrick Rylee, CEO

                                  Page 5 of 7
<PAGE>   6

                                    EXHIBIT B

1. Research Report in German. This report is a summary and profile of your
Company (products, services, management-background, outlook, etc.) which gives
potential investors a scenario of your Company. This report will be sent to
about 1,500 potential investors, money managers, stock advisory groups,
journalists and publishers who have an interest in company's industry and
business. Interested parties will have the opportunity of requesting from us the
company's investor relation's kit. Such report will be subject to NTSF review
before it is disseminated or used.

2. Media Work. Articles will be strategically placed in the highest circulated
media that relates to your Company's business and the stock and financial
markets in general. Articles are subject to NTSF's review prior to placement and
NTSF will receive copies of such articles.

3. Permanent Presswork. Mailing and distribution on all company's press releases
and corporate news translated in German and sent out via e-mail and/or direct
mail.

4. Profile. Your corporate profile will be posted on the Internet via the
TeamWork Kommunikations GmbH directory. Your Company will have its own portrait
page with a link to your original homepage in the USA plus all corporate news
and press releases will be posted in English and German languages.

5. Internet. Create an Internet presence in Europe by exposing the Company's web
site to various financial and industry-related directories including one of
Germany's most visited financial sites (over 200,000 hit per day).

6. Strategy. Our primary focus is strategic communications -- generating
awareness and understanding of a company among members of the financial
community -- traders, analysts, portfolio managers, brokers and individual
investors; the business community, Press Editors and the general public. Our
goal is to get a company's stock fully valued, increase trading volume, increase
the number of foreign shareholders, expand analyst following and gain
international media publicity for your company.

Optional  Services and Costs:
   * Road Shows. After investors have received information about your Company,
   it is recommended that we schedule breakfast and/or lunch meetings in 2 or 3
   European cities (i.e., Hamburg, Frankfurt) with institutional investors, fund
   managers and journalists (30 - 50 pre-qualified parties are usually invited).

* Special Conditions (Road-Show Presentations):
   All road show presentations will be at the company's request and billed
   separately at $4,500 USD per location (Germany/Switzerland). Each
   presentation is a luncheon usually for up to approximately 40 qualified
   invited guests/investors. Also, related cost such as travel and expenses
   are approximately $1,500 USD per presentation, for a total cost to the
   Company of $6,000 per location. We highly recommend at least two (2)
   road-show presentations per year.

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<PAGE>   7

Advertisements. Several "Tombstone-Ads" should be booked to create interest in
your Company in a way that investors can get a free copy of the research report
and media kit mentioned above. This should be done in several different media
and should be over a period of 4 - 8 weeks at a time when your Company is in a
position to issue favorable corporate news and press releases:

We recommend running these ads in the following 4 German media: (DER AKTIONAR,
BorseOnline, Das Wertpapier, Euro am Sonntag) each with 5 ads over a 2 two month
period. This campaign would be a total of 20 ads with an average price per ad of
$1,000 to $1,500 plus a 16% VAT tax.

                                  Page 7 of 7<PAGE>   1

                                                                    EXHIBIT 10.9

             THESE WARRANTS WILL EXPIRE AND BECOME NULL AND VOID AT 4:00 P.M.
             (PACIFIC STANDARD TIME) ON MARCH 31, 2003

             WARRANTS TO PURCHASE COMMON SHARES OF NETSTAFF, INC.

             THIS IS TO CERTIFY THAT ELLIOTT, LANE & ASSOCIATES, INC. (the
"Holder") has the right to purchase, upon and subject to the terms and
conditions hereinafter referred to, up to 40,000 fully paid and non-assessable
shares of common stock (the "Shares") in the capital of NETSTAFF, INC.
(hereinafter called the "Company") for a period of three years from April 1,
2000, until 4:00 p.m. (Pacific Standard Time) on March 31, 2003 (the "Expiry
Date") at a price of $4.50 per Share.

        1.   ONE WARRANT AND $4.50 ARE REQUIRED TO PURCHASE ONE SHARE. THIS
             CERTIFICATE REPRESENTS 40,000 WARRANTS.

        2.   These Warrants are issued subject to the terms and conditions
             attached to the Warrant issued by the Company (the "Terms and
             Conditions") and dated April 1, 2000, and the Warrant Holder may
             exercise the right to purchase Shares only in accordance with those
             Terms and Conditions.

        3.   A copy of the Terms and Conditions may be obtained from the offices
             of the Company in the City of San Francisco, California.

        4.   Nothing contained herein or in the Terms and Conditions will confer
             any right upon the Holder hereof, or any other person, to subscribe
             for, or purchase, any Shares at any time subsequent to the Expiry
             Date, and from and after such time, these Warrants and all rights
             hereunder will be void and of no value.

             IN WITNESS WHEREOF, the Company has caused this Warrant Certificate
to be signed by the undersigned, its authorized signatory, this 1st day of
April, 2000.

NETSTAFF, INC.

Per:    /s/ PATRICK RYLEE
    -----------------------------------
        Authorized Signatory

PLEASE NOTE THAT ALL SHARE CERTIFICATES ISSUED UPON EXERCISE OF THESE WARRANTS,
IN WHOLE OR IN PART, MUST BE LEGENDED AS FOLLOWS:

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE
COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN

<PAGE>   2

RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE SECURITIES ACT), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD
EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT
OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
APPLICABLE STATE SECURITIES LAWS.

<PAGE>   3

                              FORM OF SUBSCRIPTION

TO: NETSTAFF, INC.

The undersigned Holder of the within Warrants hereby subscribes for shares of
common stock (the "Shares") of Netstaff, Inc. (the "Company"), pursuant to the
attached Warrant certificate, at $4.50 per Share on the terms and conditions
specified therein.

The undersigned hereby directs that the Shares be registered as follows:

NAME(S) IN FULL              ADDRESS(ES)           NUMBER OF SHARES
---------------              -----------           ----------------

               TOTAL:

(Please print full name in which share certificates are to be issued, stating
whether Mr., Mrs. or Miss is applicable).

DATED this                     day of                     , 20___.

In the presence of:

Signature of Witness                               Signature of Warrant Holder

Please print below your name and address in full.

Name
    ------------------------------------------------------
Address
       ---------------------------------------------------

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

<PAGE>   4

TERMS AND CONDITIONS DATED APRIL 1, 2000, ATTACHED TO THE WARRANTS ISSUED BY
NETSTAFF, INC. TO ELLIOTT, LANE & ASSOCIATES, INC.

ARTICLE 1 - INTERPRETATION

SECTION 1.1 - DEFINITIONS

In these Terms and Conditions, unless there is something in the subject matter
or context inconsistent therewith:

        (a)  "Company" means NETSTAFF, INC., until a successor corporation will
             have become such as a result of consolidation, amalgamation or
             merger with or into any other corporation or corporations, or as a
             result of the conveyance or transfer of all or substantially all of
             the properties and estates of the Company as an entirety to any
             other corporation, and thereafter "Company" will mean such
             successor corporation;

        (b)  "Company's Auditors" means an independent firm of accountants duly
             appointed as auditors of the Company;

        (c)  "Director" means a director of the Company for the time being, and
             reference, without more, to action by the directors means action by
             the directors of the Company as a Board, or whenever duly
             empowered, action by an executive committee of the Board;

        (d)  "herein," "hereby" and similar expressions refer to these Terms and
             Conditions as the same may be amended or modified from time to
             time; and the expression Article and Section, followed by a number
             refer to the specified Article or Section of these Terms and
             Conditions;

        (e)  "person" means an individual, corporation, partnership, trustee or
             any unincorporated organization and words importing persons have a
             similar meaning;

        (f)  "shares" means the common shares in the capital of the Company as
             constituted at the date hereof and any shares resulting from any
             subdivision or consolidation of the shares;

        (g)  "Warrant Holders" or "Holders" means the holders of the Warrants;
             and

        (h)  "Warrants" means the warrants of the Company issued and presently
             authorized, as set out in Section 2.01 hereof and for the time
             being outstanding, to ELLIOTT, LANE & ASSOCIATES, INC.

SECTION 1.2 - GENDER

Words importing the singular number include the plural and vice versa and words
importing the masculine gender include the feminine and neuter genders.

<PAGE>   5

SECTION 1.3 - INTERPRETATION NOT AFFECTED BY HEADINGS

The division of these Terms and Conditions into Articles and Sections, and the
insertion of headings, are for convenience of reference only and will not affect
the construction or interpretation thereof.

SECTION 1.4 - APPLICABLE LAW

The Warrants will be construed in accordance with the laws of the State of
California applicable thereto and will be treated in all respects as California
contracts.

ARTICLE 2 - ISSUE OF WARRANTS

SECTION 2.1 - ISSUE OF WARRANTS

Warrants entitling the Holders thereof to purchase up to an aggregate of 40,000
shares have been authorized and are herewith issued by the Company. This Warrant
certificate represents 40,000 Warrants.

SECTION 2.2 - ADDITIONAL WARRANTS

The Company may, at any time, and from time to time, issue additional warrants
or grant options or similar rights to purchase shares of its capital stock.

SECTION 2.3 - WARRANTS TO RANK PARI-PASSU

These Warrants and additional warrants, options or similar rights to purchase
shares from time to time issued or granted by the Company, will rank pari-passu,
whatever may be the actual dates of issue or grant thereof, or of the dates of
the certificates by which they are evidenced.

SECTION 2.4 - ISSUE IN SUBSTITUTION FOR LOST WARRANTS

(1)          In case a Warrant certificate becomes mutilated, lost, destroyed or
             stolen, the Company, at its discretion, may issue and deliver a new
             Warrant certificate of like date and tenor as the one mutilated,
             lost, destroyed or stolen, in exchange for and in place of and upon
             cancellation of such mutilated Warrant certificate, or in lieu of,
             and in substitution for such lost, destroyed or stolen Warrant
             certificate and the substituted Warrant certificate will be
             entitled to the benefit hereof and rank equally in accordance with
             its terms with all other Warrants issued or to be issued by the
             Company.

(2)          The applicant for the issue of a new Warrant certificate pursuant
             hereto will bear the cost of the issue thereof and in case of loss,
             destruction or theft furnish to the Company such evidence of
             ownership and of loss, destruction, or theft of the Warrant
             certificate so lost, destroyed or stolen as will be satisfactory to
             the Company in its discretion and such applicant may also be
             required to furnish indemnity in amount and form satisfactory to
             the Company in its discretion, and will pay the reasonable charges
             of the Company in connection therewith.

<PAGE>   6

SECTION 2.5 - WARRANT HOLDER NOT A SHAREHOLDER

The holding of a Warrant will not constitute the holder thereof a shareholder of
the Company, nor entitle him to any right or interest in respect thereof except
as in the Warrant expressly provided.

ARTICLE 3 - NOTICE

SECTION 3.1 - NOTICE TO WARRANT HOLDERS

Any notice to be given to the Holders shall be given in writing and will be
given by personal delivery, telecopied or sent by prepaid, registered post,
addressed to the Holders at the address of the Holders appearing on the Holder's
Warrant certificate or to such other address as the Holders may advise the
Company by notice in writing, or by electronic means of communication.

The date of receipt of such notice shall be the date of delivery thereof if
delivered or telecopied, or, if given by registered mail, shall be deemed to be
the fourth business day after the same shall have been so mailed, except in the
case of interruption of postal services for any reason whatever, in which case,
the date of receipt shall be the date on which the notice, demand or other
communication is actually received by the addressee.

SECTION 3.2 - NOTICE TO THE COMPANY

Any notice to be given to the Company shall be given in writing and will be
given by personal delivery, telecopied or sent by prepaid, registered post,
addressed to the Company, at its business office, or delivered to the Company,
at its business office or to such other address as the Company may advise the
Holders by notice in writing, or by electronic means of communication.

The date of receipt of such notice shall be the date of delivery thereof if
delivered or telecopied, or, if given by registered mail, shall be deemed to be
the fourth business day after the same shall have been so mailed except in the
case of interruption of postal services for any reason whatever, in which case
the date of receipt shall be the date on which the notice, demand or other
communication is actually received by the addressee.

ARTICLE 4 - EXERCISE OF WARRANTS

SECTION 4.1 - METHOD OF EXERCISE OF WARRANTS

The right to purchase shares conferred by the Warrants may be exercised by the
Holders of such Warrant surrendering it, with a duly completed and executed
subscription form and a bank draft, or certified check, payable to, or to the
order of, the Company, at par, in San Francisco, California, for the purchase
price applicable at the time of surrender in respect of the shares subscribed
for in lawful money of the United States of America, to the Company, at its
principal office in San Francisco, California.

<PAGE>   7

SECTION 4.2 - ALTERNATE METHOD OF EXERCISE

In lieu of exercising Warrants as provided for in Section 4.1 above, the Holders
may elect to receive shares equal to the value of the Warrants (or any portion
thereof) by surrendering the Warrant certificate, together with a notice of such
election, to the Company, at its principal office in San Francisco, California,
in which case the Holders shall be entitled to receive that number of shares of
the Company calculated as follows:

               X  =  Y (A-B)
                     -------
                         A

        where:

               X =    the number of shares of the Company to be issued to the
                      Holders

               Y =    the number of Warrants which are being exercised

               A =    the fair market value of one share of the Company as at
                      the date the notice of exercise is received by the
                      Company; and

               B =    the exercise price of the Warrants

and for the purposes of this section the "fair market values" of one share of
the Company shall be the average closing price of the Company's shares for the
five trading days immediately preceding the date the notice of exercise is
received by the Company where the Company's shares trade on a recognized stock
exchange or national market system and shall be the average of the mean of the
closing bid and ask prices for such shares for the five trading days immediately
preceding the date the notice of exercise is received by the Company where the
Company's shares trade over-the-counter.

SECTION 4.3 - EFFECT OF EXERCISE OF WARRANTS

(1)          Upon exercise as aforesaid the shares so subscribed for will be
             deemed to have been issued and such person or persons will be
             deemed to have become the holder or holders of record of such
             shares on the date of such surrender and payment, and such shares
             will be issued at the subscription price in effect on the date of
             such exercise.

(2)          Within ten business days after exercise as aforesaid, the Company
             will forthwith cause to be delivered to the person or persons in
             whose name or names the shares so subscribed for are to be issued
             as specified in such subscription or mailed to him or them at his
             or their respective addresses specified in such subscription, a
             certificate or certificates for the appropriate number of shares
             not exceeding those which the Warrant Holder is entitled to
             purchase pursuant to the Warrant Certificate surrendered.

<PAGE>   8
SECTION 4.4 - SUBSCRIPTION FOR LESS THAN ENTITLEMENT

The Holders of any Warrant certificate may subscribe for, and purchase, a number
of shares less than the number which the Holders are entitled to purchase,
pursuant to the surrendered Warrant. In the event of any purchase of a number of
shares less than the number which can be purchased pursuant to a Warrant
certificate, the Holders, upon exercise thereof, will, in addition, be entitled
to receive, on that same date (the "New Date"), a new Warrant certificate
effective as of the New Date, in respect of the balance of the shares which the
Holders were entitled to purchase pursuant to the surrendered Warrant
certificate and which were not then purchased.

SECTION 4.5 - WARRANTS FOR FRACTIONS OF SHARES

To the extent that the Holders of any Warrant are entitled to receive on the
exercise or partial exercise thereof a fraction of a common share, such right
may be exercised in respect of such fraction only in combination with another
Warrant or other Warrants which in the aggregate entitle the holder to receive a
whole number of such common shares.

SECTION 4.6 - EXPIRATION OF WARRANTS

After the expiration of the period within which a Warrant is exercisable, all
rights thereunder will wholly cease and terminate, and such Warrant will be void
and of no effect.

SECTION 4.7 -TIME OF ESSENCE

Time will be of the essence hereof.

SECTION 4.8 - SUBSCRIPTION PRICE

One Warrant and $4.50, during the term of the Warrants, are required to
subscribe for each share.

SECTION 4.9 - ADJUSTMENT OF EXERCISE PRICE

The exercise price and the number of common shares deliverable upon the exercise
of the Warrants will be subject to adjustment in the event and in the manner
following:

(1)          If, and whenever, the shares at any time outstanding are subdivided
             into a greater or consolidated into a lesser number of shares the
             exercise price will be decreased or increased proportionately as
             the case may be; upon any such subdivision or consolidation the
             number of shares deliverable upon the exercise of the Warrants will
             be increased or decreased proportionately as the case may be.

(2)   (a)    In case of any capital reorganization or of any reclassification of
             the capital of the Company, or in the case of the consolidation,
             merger or amalgamation of the Company with or into any other
             Company (hereinafter collectively referred to as a
             "Reorganization"), each Warrant will after such Reorganization
             confer the right to purchase the number of shares or other
             securities of the Company (or of the Company resulting from such
             Reorganization) which the Warrant Holders would have been

<PAGE>   9

             entitled to upon Reorganization if the Warrant Holders had been
             shareholders at the time of such Reorganization.

             (b) In any such case, if necessary, appropriate adjustments will be
             made in the application of the provisions of this Article Four
             relating to the rights and interest thereafter of the Holders of
             the Warrants so that the provisions of this Article Four will be
             made applicable as nearly as reasonably possible to any shares or
             other securities deliverable after the Reorganization on the
             exercise of the Warrants.

             (c) The subdivision or consolidation of shares at any time
             outstanding into a greater or lesser number of shares (whether with
             or without par value) will not be deemed to be a Reorganization for
             the purposes of this paragraph (2).

(3)          The adjustments provided for in this Section are cumulative and
             will become effective immediately after the record date or, if no
             record date is fixed, the effective date of the event which results
             in such adjustments.

SECTION 4.10 - DETERMINATION OF ADJUSTMENTS

If any questions will at any time arise with respect to the exercise price or
any adjustment provided for in Section 4.8, such questions will be conclusively
determined by the Company's Auditors, or, if they decline to so act, any other
firm of chartered accountants, in San Francisco, California that the Company may
designate and who will have access to all appropriate records, and such
determination will be binding upon the Company and the Holders of the Warrants.

ARTICLE 5 - COVENANTS BY THE COMPANY

SECTION 5.1 - RESERVATION OF SHARES

The Company will reserve, and there will remain unissued out of its authorized
capital, a sufficient number of shares to satisfy the rights of purchase
provided for herein and in the Warrants should the Holders of all the Warrants
from time to time outstanding determine to exercise such rights in respect of
all shares which they are or may be entitled to purchase pursuant thereto and
hereto.

SECTION 5.2 - COMPANY MAY PURCHASE

The Company may, from time to time, offer to purchase, and purchase, for
cancellation only, any Warrants in such manner, from such persons, and on such
terms and conditions as it determines.

SECTION 5.3 - REGISTRATION RIGHTS

(1) If the Company determines to register any of its securities for the account
of a shareholder or holders, other than in a registration relating solely to
employee benefit plans, a registration relating solely to a Rule 145
transaction, or a registration on any registration form that does not permit
secondary sales, the Company will (i) promptly give to each person who is a
Warrant Holder at the effective date notice and (ii) use its

<PAGE>   10

best efforts to include in such registration (and any related qualification
under blue sky laws or other compliance), and in any underwriting involved
therein, all the Registerable Securities of such shareholder, as requested, such
request to be made in writing and received by the Company within twenty (20)
days after it delivers its notice of the proposed registration. Such request may
specify all or part of the Holders' Registerable Securities. As used herein, the
term Registerable Securities means shares of the Company's common stock issued
or issuable to the Warrant Holders pursuant hereto.

(2) If any shares issuable as a result of the exercise of Warrants hereunder
cannot be registered as a result of limitations of the aggregate number of
shares of Registerable Securities that may be so included, the number of shares
of Registerable Securities that may be included shall be allocated among the
Holders requesting inclusion of shares, pro rata, on the basis of the number of
shares of Registerable Securities, provided that such allocation shall not
operate to reduce the aggregate number of Registerable Securities that may be
included in such registration if any Holder does not request inclusion of the
maximum number of shares of Registerable Securities allocated to it pursuant to
the procedure described in this section, and the remaining portion of its
allocation shall be reallocated among those requesting Holders whose allocation
did not satisfy the request pro rata on the basis of the number of shares of
Registerable Securities which will be held by such Holders and any selling
shareholders.

(3) Notwithstanding the rights set forth herein, the Company shall have no
registration obligation to any Holder in the event that the Company is advised
by its underwriter or other selling agent that the underwriter is not willing to
register shares issuable pursuant to the Warrants by reason of market conditions
or any other reason relating to the primary obligation of such underwriter or
agent to sell the shares of the Company, its being the intention of the parties
that the Company's ability to sell all of the shares that it wishes to sell
pursuant to any registration statement shall be paramount to, and shall
supersede, the rights of any Holder hereunder.

ARTICLE 6 - WAIVER OF CERTAIN RIGHTS

SECTION 6.1 - IMMUNITY OF SHAREHOLDERS, ETC.

The Warrant Holders, as part of the consideration for the issue of the Warrants,
waive and will not have any right, cause of action or remedy now or hereafter
existing in any jurisdiction against any past, present or future incorporator,
shareholder, Director or Officer (as such) of the Company, for the issue of
shares, pursuant to any Warrant or on any covenant, agreement, representation or
warranty by the Company herein contained or in the Warrant.

<PAGE>   11

ARTICLE 7 - MODIFICATION OF TERMS, MERGER, SUCCESSORS

SECTION 7.1 - MODIFICATION OF TERMS AND CONDITIONS FOR CERTAIN PURPOSES

From time to time, the Company may, subject to the provisions of these presents,
modify the Terms and Conditions hereof, for the purpose of correction or
rectification of any ambiguities, defective provisions, errors or omissions
herein.

SECTION 7.2 - TRANSFERABILITY

The Warrants and all rights attached to them are not transferable or assignable.

DATED this 1st day of April, 2000.

                                       NETSTAFF, INC.

                                       By:    /s/ PATRICK RYLEE
                                          ------------------------------------
                                       Authorized Signatory

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