Document:

<PAGE>

                                                                    EXHIBIT 10.2

                             EMPLOYMENT AGREEMENT

     EMPLOYMENT AGREEMENT, dated this 16th day of August, 1999, between ebaseOne
Corporation, a Delaware corporation, currently having its principal place of
business at 6060 Richmond Avenue, Houston, Texas 77057 (the "Company"), and
Charles Skamser (the "Executive") an individual currently residing at 7814
Oxfordshire Drive, Houston, Texas 77379.

     WHEREAS, the Company desires to employ Executive and Executive desires to
be employed by the Company, as President and Chief Executive Officer of the
Company.

     WHEREAS, the Executive is willing to enter into an agreement with the
Company upon the terms and conditions herein set forth.

     NOW, THEREFORE, in consideration of the premises and covenants herein
contained, the parties hereto agree as follows:

1.  Term of Agreement.  Subject to the terms and conditions hereof, the term of
employment of the Executive under this Employment Agreement shall be for the
period commencing on the date hereof (the "Commencement Date") and terminating
on December 31, 2001, unless sooner terminated as provided in accordance with
the provisions of Section 5 hereof.  (Such term of employment is herein
sometimes called the "Employment Term.")

2.  Employment.  As of the Commencement Date, the Company hereby agrees to
employ the Executive as President and Chief Executive Officer of the Company,
and the Executive hereby accepts such employment and agrees to perform his
duties and responsibilities hereunder in accordance with the terms and
conditions hereinafter set forth.

3.  Duties and Responsibilities; Board Membership.

(a)  Duties.  Executive shall perform such duties as are usually performed by a
     President/Chief Executive Officer of a business similar in size and scope
     as the Company and such other reasonable additional duties as may be
     prescribed from time-to-time by the Company's board of directors which are
     reasonable and consistent with the Company's operations, taking into
     account Executive's expertise and job responsibilities.  This agreement
     shall survive any job title or responsibility change agreed to by
     Executive.  Executive shall report directly to the board of directors of
     the Company regarding implementation of all business matters.  All actions
     of Executive shall be subject and subordinate to the review and approval of
     the board of directors.  No other person or group shall be given authority
     to supervise or direct Executive in the performance of his duties.  The
     board of directors shall be the final and exclusive arbiter of all policy
     decisions relative to the Company's business.

(b)  Board Membership.  Upon commencement of this agreement, the board of
     directors shall use its best efforts to nominate and cause the election of
     Executive to the Company's board of directors to fill a currently existing
     vacancy.

(c)  Devotion of Time.  During the term of this agreement, Executive agrees to
     devote sufficient time and attention during normal business hours to the
     business and affairs of the company to the extent necessary to discharge
     the responsibilities assigned to Executive and to use reasonable best
     efforts to perform faithfully and efficiently such responsibilities.
     During the term of this agreement it shall not be a violation of this
     agreement for Executive to (i) serve on the boards of PaperChaser.com, IDT
     (or its successor), AtlanticPacific Communications, and ChillOut Misters as
     an active director; (ii) deliver lectures, fulfill speaking engagement to
     teach at educational institutions; (iii) manage personal investments or
     companies in which personal investments are made so long as such activities
     do not significantly interfere with the performance of Executive's
     responsibilities with the Company and which companies are not in direct
     competition with the Company; or (iv) provide consulting services to
     Bradford Brothers, KnowledgeWire,
<PAGE>

     and other companies that are currently supported by Executive's consulting
     practice, New Enterprise Solutions, however it is expressly understood that
     Executive will limit his participation with the foregoing companies.
     Executive has agreed not to pursue any additional clients unless they have
     strategic value to the Company, as approved by the board of directors. In
     addition, Executive must obtain written permission from the Company's board
     of directors in order to serve on any additional boards. Any income
     received by Executive outside the scope of his employment and permitted
     pursuant to the provisions hereof, shall inure to the benefit of Executive,
     and the Company shall not claim any entitlement thereto. Executive has
     agreed not to pursue any additional clients unless they have strategic
     value to the Company, as approved by the board of directors.

4.  Compensation and Benefits During the Employment Term.

(a)  Base Compensation.  The Executive's base compensation from the Commencement
     Date through December 31, 1999, shall be at the rate of $12,500 per month,
     payable in regular semi-monthly installments in accordance with the
     Company's practice for its executives, less applicable withholding for
     income and employment taxes as required by law and other deductions as to
     which the Executive shall agree.  Executive acknowledges that initially
     such base compensation may have to be accrued, based upon the Company's
     current working capital.  Thereafter, the Executive's base compensation
     shall be $15,000 per month.  Such base compensation shall be subject to
     increases as and when determined by the Company's board of directors in its
     sole discretion.

(b)  Bonus Compensation.  In addition to the Executive's base compensation,
     Executive will be entitled to a performance bonus as follows:

     (i)   Before December 31, 1999, the Executive has agreed to work toward
           meeting the following objectives ("MBOs"): (i) raise working capital
           necessary to begin implementation of the business plan; (ii) build an
           enterprise center in Houston; (ii) secure agreements to host packaged
           software applications under a subscription agreement or like
           agreement with one or more vendors for sales force automation,
           financial management, customer relationship management, human
           resource management and electronic business; (iii) hire the necessary
           personnel to execute the business plan; and (iv) secure initial
           customers per the business plan. After December 31, 1999, the
           Company's board of directors shall determine what material progress
           the Executive has made toward meeting the above captioned MBOs and
           shall pay the Executive a bonus of up to $125,000 based upon the
           percentage of MBOs met. Said bonus shall be paid on or before the end
           of January 2000.

     (ii)  If, no later than December 31, 2000, the Company successfully
           implements and meets certain agreed upon milestones, as determined by
           the Company's board of directors in January 2000, Executive will be
           entitled to receive $180,000. If the board of directors is unable to
           agree on the milestones, the Executive will receive the bonus in the
           event the Company attains $12 million in net revenues for December
           31, 2000, as determined by the Company's independent auditors. In any
           event, the bonus shall be paid upon the earlier of (x) 12 month
           financial statements filed with the Securities and Exchange
           Commission, or (y) March 31, 2001.

     (iii) Subsequent bonuses will be determined by the board of directors.

(c)  Warrants. The Executive will be entitled to receive five year warrants to
     purchase an aggregate 10,000,000 shares of Company common stock having the
     terms set forth in the warrant agreement attached hereto as Exhibit "A."

(d)  Expense Reimbursement.  The Executive shall be entitled to reimbursement of
     all reasonable, ordinary and necessary business related expenses incurred
     by him in the course of his duties and upon compliance with the Company's
     procedures.

(e)  Participation in Employee Benefit Plans.  Executive shall be entitled to
     participate, subject to eligibility and
<PAGE>

     other terms generally established by the Company's board or directors, in
     any employee benefit plan [including but not limited to life insurance
     plans, stock option plans, group hospitalization, hearth, dental care
     (which health insurance shall also cover Executive's dependents) profit
     sharing, pension and other benefit plans], as may be adopted or amended by
     the Company from time-to-time.

5.   Termination. Subject to the notice and other provisions of this Section 5,
the Company shall have the right to terminate the Executive's employment with
the Company, and the Executive shall have the right to resign from such
employment, at any time and for no stated reason.

(a)  Disability.  The Company shall have the right to terminate the employment
     of the Executive under this Agreement for disability in the event Executive
     suffers an injury, illness or incapacity as defined in the Company's Long
     Term Disability Insurance Policy in effect as of the date hereof for a
     period of more than six (6) months provided that during such six month
     period the Company shall have given at least ten (10) days written notice
     of termination; provided further, however, that if the Executive is
     eligible to receive disability payments pursuant to a disability policy
     paid for by the Company, the Executive shall assign such benefits to the
     Company for all periods as to which he is receiving full payment under this
     agreement.

(b)  Death.  This agreement shall terminate upon the death of Executive.

(c)  With Cause.  The Company may terminate this agreement at any time because
     of:

     (i)  Executive's material breach of any term of this agreement, which is
          not cured after ten (10) days written notice from the board of
          directors, or

     (ii)  commission by the Executive of a felony or an act of fraud against
the Company.

     In the event Executive's employment with the Company is terminated pursuant
to items 5(a), (b) or (c), Executive or his beneficiary shall be entitled to
receive all base compensation earned by Executive up to the date of termination,
all unreimbursed expenses, and any bonus earned in respect of a prior year and
not yet paid.  For a termination by the Company without good cause, Executive
shall be entitled to receive the greater of (i) the remaining base salary at the
then base salary rate for the remainder of the Employment Term or (ii) the base
salary rate for the period of six months, and all unreimbursed expenses, any
bonus earned in respect of a prior year and not yet paid, and the pro-rata
portion of any bonus for the current year.

6.   Revealing of Trade Secrets, etc.  Executive acknowledges the interest of
the Company in maintaining the confidentiality of information related to its
business and shall not at any time during the Employment Term or thereafter,
directly or indirectly, reveal or cause to be revealed to any person or entity
the supplier lists, customer lists or other confidential business information of
the Company; provided, however, that the parties acknowledge that it is not the
intention of this paragraph to include within its subject matter (a) information
not proprietary to the Company, (b) information which is then in the public
domain, or (c) information required to be disclosed by law.

7.   Arbitration. If a dispute should arise regarding this agreement, all
claims, disputes, controversies, differences or other matters in question
arising out of this relationship shall be settled finally, completely and
conclusively by arbitration of a single arbitrator in Houston, Texas, in
accordance with the Commercial Arbitration Rules of the American Arbitration
Association (the "Rules").  Arbitration shall be initiated by written demand.
This agreement to arbitrate shall be specifically enforceable only in the
District Court of Harris County, Texas.  A decision of the arbitrator shall be
final, conclusive and binding on the Company and the Executive, and judgement
may be entered in the District Court of Harris County, Texas, for enforcement
and other benefits. On appointment, the arbitrator shall then proceed to decide
the arbitration subjects in accordance with the Rules.  Any arbitration held in
accordance with this paragraph shall be private and confidential and no person
shall be entitled to attend the hearings except the arbitrator, Executive,
Executive's attorneys, and an designated representatives of the Company and
their respective
<PAGE>

attorneys. The matters submitted for arbitration, the hearings and proceedings
and the arbitration award shall be kept and maintained in strictest confidence
by Executive and the Company and shall not be discussed, disclosed or
communicated to any persons. On request of any party, the record of the
proceeding shall be sealed and may not be disclosed except insofar, and only
insofar, as may be necessary to enforce the award of the arbitrator and any
judgement enforcing an award. The prevailing party shall be entitled to recover
reasonable and necessary attorneys' fees and costs from the non-prevailing
party.

8.  Covenants Not to Compete.

(a)  Executive's Acknowledgment.  Executive agrees and acknowledges that in
     order to assure the Company that it will retain its value as a going
     concern, it is necessary that Executive undertake not to utilize his
     special knowledge of the business and his relationships with customers and
     suppliers to compete with the Company.  Executive further acknowledges
     that:

     (i)   the Company is and will be engaged in the business;

     (ii)  Executive will occupy a position of trust and confidence with the
           Company prior to the date of this agreement and, during such period
           and Executive's employment under this agreement, Executive has, and
           will become familiar with the Company's trade secrets and with other
           proprietary and confidential information concerning the Company;

     (iii) the agreements and covenants contained in this Section 8 are
           essential to protect the Company and the goodwill of the business;
           and

     (iv)  Executive's employment with the Company has special, unique and
           extraordinary value to the Company and the Company would be
           irreparably damaged if Executive were to provide services to any
           person or entity in violation of the provisions of this agreement.

(b)  Competitive Activities.  Executive hereby agrees that for a period
     commencing on the date hereof and ending one year following the later of
     (i) termination of Executive's employment with the Company for whatever
     reason, and (ii) the conclusion of the period, if any, during which the
     Company is making payments to Executive, he will not, directly or
     indirectly, as employee, agent, consultant, stockholder, director, co-
     partner or in any other individual or representative capacity, own,
     operate, manage, control, engage in, invest in or participate in any manner
     in, act as a consultant or advisor to, render services for (alone or in
     association with any person, firm, corporation or entity), or otherwise
     assist any person or entity (other than the Company) that engages in or
     owns, invests in, operates, manages or controls any venture or enterprise
     that directly or indirectly engages or proposes in engage in the business
     of the manufacturing, distribution or sale of (i) products manufactured,
     distributed, sold or licensed by the Company or services provided by the
     Company at the time of termination or (ii) products or services proposed at
     the time of such termination to be manufactured, distributed, sold,
     licensed or provided by the Company within the united States (the
     "Territory"); provided, however, that nothing contained herein shall be
     construed to prevent Executive from (i) investing in the stock of any
     competing corporation listed on a national securities exchange or traded in
     the over-the-counter market, but only if Executive is not involved in the
     business of said corporation and if Executive and his associates (as such
     term is defined in Regulation 14(A) promulgated under the Securities
     Exchange Act of 1934, as in effect on the date hereof), collectively, do
     not own more than an aggregate of two percent of the stock of such
     corporation, or (ii) investments in PaperChaser.com, IDT (or its
     successor), AtlanticPacific Communications, and ChillOut Misters
     ("Permitted Investments").  With respect to the Territory, Executive
     specifically acknowledges that the Company has conducted the business
     throughout those areas comprising the Territory and the Company intends to
     continue to expand the business throughout the Territory.

(c)  Blue Pencil.  If an arbitrator shall at any time deem the terms of this
     agreement or any restrictive covenant too
<PAGE>

     lengthy or the Territory too extensive, the other provisions of this
     section 8 shall nevertheless stand, the restrictive period shall be deemed
     to be the longest period permissible by law under the circumstances and the
     Territory shall be deemed to comprise the largest territory permissible by
     law under the circumstances. The arbitrator in each case shall reduce the
     restricted period and/or the Territory to permissible duration or size.

9.  Opportunities.  During his employment with the Company, and for one year
thereafter, Executive shall not take any action which might divert from the
Company any opportunity learned about by him during his employment with the
Company (including without limitation during the Employment Term) which would be
within the scope of any of the businesses then engaged in or planned to be
engaged in by the Company.

10.  Survival.  In the even that this Agreement shall be terminated, then
notwithstanding such termination, the obligations of Executive pursuant to
Sections 6,7,8 and 9 of this agreement shall survive such termination.

11.  Contents of Agreement, Parties in Interest, Assignment, etc.  This
Agreement sets forth the entire understanding of the parties hereto with respect
to the subject matter hereof.  All of the terms and provisions of this Agreement
shall be binding upon and inure to the benefit of and be enforceable by the
respective heirs, representatives, successors and assigns of the parties hereto,
except that the duties and responsibilities of Executive hereunder which are of
a personal nature shall neither be assigned nor transferred in whole or in part
by Executive.  This Agreement shall not be amended except by a written
instrument duly executed by the parties.

12.  Severability.  If any term or provision of this Agreement shall be held to
be invalid or unenforceable for any reason, such term or provision shall be
ineffective to the extent of such invalidity or unenforceability without
invalidating the remaining terms and provisions hereof, and this Agreement shall
be construed as if such invalid or unenforceable term or provision had not been
contained herein.

13.  Notices.  Any notice, request, instruction or other document to be given
hereunder by any party to the other party shall be in writing and shall be
deemed to have been duly given when delivered personally or five (5) days after
dispatch by registered or certified mail, postage prepaid, return receipt
requested, to the party to whom the same is so given or made:

     IF TO THE COMPANY ADDRESSED TO:

     ebaseOne Corporation
     6060 Richmond Avenue
     Houston, Texas 77057

     WITH A COPY TO:

     Brewer & Pritchard, P.C.
     1111 Bagby, Suite 2450
     Houston, Texas 77002

IF TO EXECUTIVE ADDRESSED TO:

     Charles W. Skamser
     7814 Oxfordshire Drive
     Spring, TX 77379

or to such other address as the one party shall specify to the other party in
writing.

14.  Counterparts and Headings.  This agreement may be executed in one or more
counterparts, each of which shall be deemed an original and all which together
shall constitute one and the same instrument.  All headings are
<PAGE>

inserted for convenience of reference only and shall not affect the meaning or
interpretation of this agreement.

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed and delivered as of the day and year first above written.

                              EBASEONE CORPORATION

                              By:   //s// John Frazier Overstolz
                                 -------------------------------------------
                              John Frazier Overstolz, Chairman of the Board

                              EXECUTIVE

                              By:  //s// Charles Skamser
                                 -------------------------------------------
                              Charles Skamser
<PAGE>

                                  ADDENDUM #1

     For good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereby agree that this Addendum, entered
into this 27th day of October, 1999, shall amend, to the extent set forth in
this Addendum, the employment agreement entered into on August ___, 1999 between
EBASEONE CORPORATION, a Delaware corporation ("Company") and Charles Skamser, an
individual ("Skamser") (the "Agreement").

     Notwithstanding anything in the Agreement, the Company and Skamser agree to
amend and restate in its entirety, the following section of the Agreement as
follows:

1.   Term of Agreement.  Subject to the terms and conditions hereof, the term of
employment of the Executive under this Employment Agreement shall be for the
period commencing on the date hereof (the "Commencement Date") and terminating
on December 31, 2002, unless sooner terminated as provided in accordance with
the provisions of Section 5 hereof.  (Such term of employment is herein
sometimes called the "Employment Term.")

     IN WITNESS WHEREOF, the parties hereto have caused this Addendum to the
Agreement to be executed on the day and year set forth above.

                              EBASEONE CORPORATION

                              By:   //s// John Frazier Overstolz
                                 -------------------------------------------
                              John Frazier Overstolz, Chairman of the Board

                              CHARLES SKAMSER, an individual

                              By:  //s// Charles Skamser
                                 -------------------------------------------
                              Charles Skamser
<PAGE>

                             EBASEONE CORPORATION

                               WARRANT AGREEMENT
                               -----------------

                                                           Date: August 16, 1999

Mr. Charles Skamser:

     ebaseOne Corporation ("Company"), for value received, hereby agrees to
issue a stock purchase warrant entitling Charles Skamser ("Skamser" or "Warrant
holder") to purchase 4,000,000 shares of the Company's common stock ("Common
Stock").  Such warrant is evidenced by the warrant certificate in the form
attached hereto as Exhibit 1 (the instrument being hereinafter referred to as a
                   ---------
"Warrant,"and each Warrant and all instruments hereafter issued in replacement,
substitution, combination or subdivision thereof being hereinafter collectively
referred to as the "Warrants").  The number of shares of Common Stock
purchasable upon exercise of the Warrants is subject to adjustment as provided
in Section 5 below.  The Warrants will be exercisable by Skamser as to all or
any lesser number of shares of Common Stock covered thereby, at a Exercise Price
of $.38 per share, subject to adjustment as provided in Section 5 below, for the
exercise period defined in Section 3(a) below.

1.   Representations and Warranties.
     ------------------------------

     The Company represents and warrants to the Warrant holder as follows:

     (a) Corporate and Other Action.  The Company has all requisite power and
         --------------------------
authority (corporate and other), and has taken all necessary corporate action,
to authorize, execute, deliver and perform this Warrant Agreement, to execute,
issue, sell and deliver the Warrants and a certificate or certificates
evidencing the Warrants, to authorize and reserve for issue and, upon payment
from time to time of the Exercise Price, to issue, sell and deliver, the shares
of the Common Stock issuable upon exercise of the Warrants ("Shares"), and to
perform all of its obligations under this Warrant Agreement and the Warrants.
The Shares, when issued in accordance with this Agreement, will be duly
authorized and validly issued and outstanding, fully paid and nonassessable and
free of all liens, claims, encumbrances and preemptive rights.  This Warrant
Agreement and, when issued, the Warrant issued pursuant hereto, has been or will
be duly executed and delivered by the Company and is or will be a legal, valid
and binding agreement of the Company, enforceable in accordance with its terms.
No authorization, approval, consent or other order of any governmental entity,
regulatory authority or other third party is required for such authorization,
execution, delivery, performance, issue or sale.

     (b) No Violation.  The execution and delivery of this Warrant Agreement,
         ------------
the consummation of the transactions herein contemplated and the compliance with
the terms and provisions of this Warrant Agreement and of the Warrants will not
conflict with, or result in a breach of, or constitute a default or an event
permitting acceleration under, any statute, the Certificate of Incorporation or
Bylaws of the Company or any indenture, mortgage, deed of trust, note, bank
loan, credit agreement, franchise, license, lease, permit, or any other
agreement, understanding, instrument,

                                     Page 1
<PAGE>

judgment, decree, order, statute, rule or regulation to which the Company is a
party or by which it is bound.

2.   Transfer.
     --------

     (a) Transferability of Warrants. The Warrant holder agrees that the
         ---------------------------
Warrants are being acquired as an investment and not with a view to distribution
thereof and that the Warrants may not be transferred, sold, assigned or
hypothecated except as provided herein.  The Warrant holder further acknowledges
that the Warrants may not be transferred, sold, assigned or hypothecated unless
pursuant to a registration statement that has become effective under the
Securities Act of 1933, as amended ("Act"), setting forth the terms of such
offering and other pertinent data with respect thereto, or unless the Warrant
holder has provided the Company with an acceptable opinion from acceptable
counsel that such registration is not required.  Certificates representing the
Warrants shall bear an appropriate legend.

     (b) Registration of Shares.  The Warrant holder agrees not to make any sale
         ----------------------
or other disposition of the Shares except pursuant to a registration statement
which has become effective under the Act, setting forth the terms of such
offering, the underwriting discount and commissions and any other pertinent data
with respect thereto, unless he has provided the Company with an acceptable
opinion of counsel acceptable to the Company that such registration is not
required. Certificates representing the Shares, which are not registered as
provided in Section 2, shall bear an appropriate legend and be subject to a
"stop-transfer"order.

     (c) No Registration Rights.  The Warrant holder acknowledges that the
         ----------------------
Company has not granted, and does not intend to grant, the Warrant holder any
registration rights with respect to the Warrants or to the Shares underlying the
Warrants.

3.   Exercise of Warrants, Partial Exercise.
     --------------------------------------

     (a) Exercise Period.  The Warrants become exercisable as the underlying
         ---------------
Shares vest (in the manner set forth below) and expire August 11, 2004. The
Shares underlying the Warrants shall vest, and the Warrants shall become
exercisable with respect to such Shares in as nearly equal as possible monthly
installments over a 24-month period, so long as Skamser remains employed by the
Company.  In the event Skamser ceases to be an employee of the Company, for any
reason, all unvested Shares underlying the Warrants shall immediately be
canceled, and the Warrants will entitle Skamser to purchase only those Shares
that have vested prior to the date he ceased to be employed by the Company.   In
the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable.  A change
of control shall mean and include the following transactions or  situations:

         (i) A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another.  For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity [including a "group" as
referred to in Section 13(d)(3)

                                     Page 2
<PAGE>

of the Securities Exchange Act of 1934 ("1934 Act")]. For purposes of this
definition, the term "Unrelated Person" shall mean and include any Person other
than the Company, a wholly-owned subsidiary of the Company, or an employee
benefit plan of the Company; provided however, a sale to underwriters in
connection with a public offering of the Company's securities pursuant to a firm
commitment shall not be a Change of Control.

          (ii)  A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          (iii) A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities.  For purposes of this definition, the term "Beneficial
Owner" shall  have the same meaning as given to that term in Rule 13d-3
promulgated  under the 1934 Act, provided that any pledgee of voting securities
is not deemed to be the Beneficial Owner thereof prior to its acquisition of
voting  rights with respect to such securities.

          (iv)  Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          (v)   During any period of two years, individuals who, at the
beginning of such period, constituted the Board of Directors of the Company
cease, for any reason, to constitute at least a majority thereof, unless the
election or nomination for election of each new director was approved by the
vote of at least two-thirds of the directors then still in office who were
directors at the beginning of such period.

          (vi)  A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     (b)  Exercise in Full.  Subject to Section 3(a), Warrants may be exercised
          ----------------
in full by the Warrant holder by surrender of the Warrants, with the form of
subscription at the end thereof duly executed by such Warrant holder, to the
Company at its principal office in Houston, Texas, Attention: John Frazier
Overstoltz, accompanied by payment as determined by 3(d) below, in the amount
obtained by multiplying the number of shares of the Common Stock represented by
the respective Warrant or Warrants by the Exercise Price per share (after giving
effect to any adjustments as provided in Section 5 below).

     (c)  Partial Exercise.  Subject to Section 3(a), the Warrant may be
          ----------------
exercised in part by the Warrant holder by surrender of the Warrant, with the
form of subscription at the end thereof duly

                                     Page 3
<PAGE>

executed by the Warrant holder, in the manner and at the place provided in
Section 3(b) above, accompanied by payment as determined by 3(d) below, in
amount obtained by multiplying the number of shares of the Common Stock
designated by the Warrant holder in the form of subscription attached to the
Warrant by the Exercise Price per share (after giving effect to any adjustments
as provided in Section 5 below). Upon any such partial exercise, the Company at
its expense will forthwith issue and deliver to or upon the order of the Warrant
holder a new Warrant of like tenor, in the name of the Warrant holder subject to
Section 2(a), calling in the aggregate for the purchase of the number of shares
of the Common Stock equal to the number of such shares called for on the face of
the respective Warrant (after giving effect to any adjustment herein as provided
in Section 5 below) minus the number of such shares designated by the Warrant
holder in the aforementioned form of subscription.

     (d)  Payment of Exercise Price.  Payment of the Exercise Price may be made
          -------------------------
by any of the following, or a combination thereof, at the election of Holder:

          (i)  cash, certified check or cashier's check or wire transfer; or

          (ii) surrender of the Warrants at the principal office of the Company
together with notice of election, in which event the Company shall issue Holder
a number of shares of Common Stock computed using the following formula:

                    X = Y (A-B)/A

     where:    X = the number of shares of Common Stock to be issued to Holder
               (not to exceed the number of shares set forth on the cover page
               of this Warrant Agreement, as adjusted pursuant to the provisions
               of Section 5 of this Warrant Agreement).

               Y = the number of shares of Common Stock for which the Warrant is
               being exercised.

               A = the Market Price of one share of Common Stock (for purposes
               of this Section 2(d), the "Market Price" shall be defined as the
               closing price of the Common Stock on the business day immediately
               prior to the Date of Exercise of this Warrant (the "Closing Bid
               Price"), as reported by Nasdaq, or if the Common Stock is not
               traded on Nasdaq, the Closing Bid Price in the over-the-counter
               market; provided, however, that if the Common Stock is listed on
               a stock exchange, the Market Price shall be the Closing Bid Price
               on such exchange; and, provided further, that if the Common Stock
               is not quoted or listed by any organization, the fair value of
               the Common Stock, as determined by the board of directors of the
               Company, whose determination shall be conclusive, shall be used).

               B = the Exercise Price of $.38.

                                     Page 4
<PAGE>

4.   Delivery of Stock Certificates on Exercise.
     ------------------------------------------

     Any exercise of the Warrants pursuant to Section 3 shall be deemed to have
been effected immediately prior to the close of business on the date on which
the Warrants together with the subscription form and the payment for the
aggregate Exercise Price shall have been received by the Company.  At such time,
the person or persons in whose name or names any certificate or certificates
representing the Shares or Other Securities (as defined below) shall be issuable
upon such exercise shall be deemed to have become the holder or holders of
record of the Shares or Other Securities so purchased.  As soon as practicable
after the exercise of any Warrant in full or in part, and in any event within 10
business days thereafter, the Company at its expense (including the payment by
it of any applicable issue taxes) will cause to be issued in the name of, and
delivered to the purchasing Warrant holder, a certificate or certificates
representing the number of fully paid and nonassessable shares of Common Stock
or Other Securities to which such the Warrant holder shall be entitled upon such
exercise, plus in lieu of any fractional share to which such Warrant holder
would otherwise be entitled, cash in an amount determined pursuant to Section
6(c).  The term "Other Securities" refers to any stock (other than Common
Stock), other securities or assets (including cash) of the Company or any other
person (corporate or otherwise) which the holders of the Warrants at any time
shall be entitled to receive, or shall have received, upon the exercise of the
Warrants, in lieu of or in addition to Common Stock, or which at any time shall
be issuable or shall have been issued in exchange for or in replacement of
Common Stock or Other Securities pursuant to Section 5 below or otherwise.

5.   Adjustment of Exercise Price and Number of Shares Purchasable.
     -------------------------------------------------------------

     The Exercise Price and the number of Shares are subject to adjustment from
time to time as set forth in this Section 5.

     (a) In case the Company shall at any time after the date of this Agreement
(i) declare a dividend on the Common Stock in shares of its capital stock, (ii)
subdivide the outstanding Shares, (iii) combine the outstanding Common Stock
into a smaller number of Common Stock, or (iv) issue any shares of its capital
stock by reclassification of the Common Stock (including any such
reclassification in connection with a consolidation or merger in which the
Company is the continuing corporation), then in each case the Exercise Price,
and the number and kind of Shares receivable upon exercise, in effect at the
time of the record date for such dividend or of the effective date of such
subdivision, combination, or reclassification shall be proportionately adjusted
so that any Warrants the Warrant holder has exercised after such time shall be
entitled to receive the aggregate number and kind of Shares which, if such
Warrant had been exercised immediately prior to such record date, he would have
owned upon such exercise and been entitled to receive by virtue of such
dividend, subdivision, combination, or reclassification.  Such adjustment shall
be made successively whenever any event listed above shall occur.

     (b) No adjustment in the Exercise Price shall be required if such
adjustment is less than $.05; provided, however, that any adjustments which by
reason of this subsection (b) are not required to be made shall be carried
forward and taken into account in any subsequent adjustment.  All calculations
under this Section 5 shall be made to the nearest cent or to the nearest one-
thousandth of a share, as the case may be.

                                     Page 5
<PAGE>

     (c) Upon each adjustment of the Exercise Price as a result of the
calculations made in subsection (a) of this Section 5, the Warrant outstanding
prior to the making of the adjustment in the Exercise Price shall thereafter
evidence the right to purchase, at the adjusted Exercise Price, that number of
Shares (calculated to the nearest thousandth) obtained by (i) multiplying the
number of Shares purchasable upon exercise of a Warrant immediately prior to
adjustment of the number of Shares by the Exercise Price in effect prior to
adjustment of the Exercise Price and (ii) dividing the product so obtained by
the Exercise Price in effect immediately after such adjustment of the Exercise
Price.

6.   Further Covenants of the Company.
     --------------------------------

     (a) Title to Stock.  All shares of Common Stock delivered upon the exercise
         --------------
of the Warrants shall be validly issued, fully paid and nonassessable; the
Warrant holder shall, upon such delivery, receive good and marketable title to
the Shares, free and clear of all voting and other trust arrangements, liens,
encumbrances, equities and claims whatsoever; and the Company shall have paid
all taxes, if any, in respect of the issuance thereof.

     (b) Replacement of Warrants.  Upon receipt of evidence reasonably
         -----------------------
satisfactory to the Company of the loss, theft, destruction or mutilation of any
Warrant and, in the case of any such loss, theft or destruction, upon delivery
of an indemnity agreement reasonably satisfactory in form and amount to the
Company or, in the case of any such mutilation, upon surrender and cancellation
of such Warrant, the Company, at the expense of the Warrant holder, will execute
and deliver, in lieu thereof, a new Warrant of like tenor.

     (c) Fractional Shares.  No fractional Shares are to be issued upon the
         -----------------
exercise of any Warrant, but the Company shall pay a cash adjustment in respect
of any fraction of a share which would otherwise be issuable in an amount as
determined by the Board of Directors.

7.   Other Warrant holders: Holders of Shares.
     ----------------------------------------

     The Warrants are issued upon the following terms, to all of which the
Warrant holder by the taking thereof consents and agrees: (a) any person who
shall become a transferee, within the limitations on transfer imposed by Section
2(a) hereof, of a Warrant properly endorsed shall take such Warrant subject to
the provisions of Section 2(a) hereof and thereupon shall be authorized to
represent himself as absolute owner thereof and, subject to the restrictions
contained in this Warrant Agreement, shall be empowered to transfer absolute
title by endorsement and delivery thereof to a permitted bona fide purchaser for
value; (b) any person who shall become a holder or owner of Shares shall take
such shares subject to the provisions of Section 2(b) hereof; (c) each prior
taker or owner waives and renounces all of his equities or rights in such
Warrant in favor of each such permitted bona fide purchaser, and each such
permitted bona fide purchaser shall acquire absolute title thereto and to all
rights presented thereby; and (d) until such time as the respective Warrant is
transferred on the books of the Company, the Company may treat the registered
holder thereof as the absolute owner thereof for all purposes, notwithstanding
any notice to the contrary.

                                     Page 6
<PAGE>

8.   Miscellaneous.
     -------------

     All notices, certificates and other communications from or at the request
of the Company to the Warrant holder shall be mailed by first class, registered
or certified mail, postage prepaid, to such address as may have been furnished
to the Company in writing by such Warrant holder, or, until an address is so
furnished, to the address of the last holder of such Warrant who has so
furnished an address to the Company, except as otherwise provided herein.  This
Warrant Agreement and any of the terms hereof may be changed, waived, discharged
or terminated only by an instrument in writing signed by the party against which
enforcement of such change, waiver, discharge or termination is sought.  This
Warrant Agreement shall be construed and enforced in accordance with and
governed by the laws of the State of Texas.  The headings in this Warrant
Agreement are for purposes of reference only and shall not limit or otherwise
affect any of the terms hereof.  This Warrant Agreement, together with the forms
of instruments annexed hereto as exhibits, constitutes the full and complete
agreement of the parties hereto with respect to the subject matter hereof.

     IN WITNESS WHEREOF, the Company has caused this Warrant Agreement to be
executed on this the 16th day of August, 1999, in Houston, Texas, by its proper
corporate officers, thereunto duly authorized.

                              EBASEONE CORPORATION

                              By: //s//  John Frazier Overstoltz
                                  -------------------------------------
                                  John Frazier Overstoltz
                                  Director and Executive Officer

The above Warrant Agreement is confirmed
as of the date set forth above.

//s// Charles Skamser
--------------------------------------
Charles Skamser

                                     Page 7
<PAGE>

                                                                       Exhibit 1

                                    WARRANT

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER: (A) THE SECURITIES ACT OF 1933,
AS AMENDED, IN RELIANCE UPON THE EXEMPTIONS FROM REGISTRATION PROVIDED IN
SECTIONS 3 AND 4 OF SUCH ACT AND REGULATION D PROMULGATED THEREUNDER; OR (B) ANY
STATE SECURITIES LAWS IN RELIANCE UPON APPLICABLE EXEMPTIONS THEREUNDER.  THESE
WARRANTS MUST BE ACQUIRED FOR INVESTMENT ONLY FOR THE ACCOUNT OF THE INVESTOR,
AND NEITHER THE WARRANTS NOR THE UNDERLYING STOCK MAY BE TRANSFERRED OR
EXERCISED EXCEPT IN COMPLIANCE WITH ALL APPLICABLE SECURITIES AND OTHER LAWS.

                                                                     To Purchase
                                                             4,000,000 Shares of
                                                                    Common Stock

                             EBASEONE CORPORATION
                    Incorporated Under the Laws of Delaware

     This certifies that, for value received, the hereafter named registered
owner is entitled, subject to the terms and conditions of this Warrant, until
the expiration date, to purchase the number of shares set forth above of the
common stock (the "Common Stock"), of ebaseOne Corporation (the "Corporation")
from the Corporation at the purchase price per share hereafter set forth, on
delivery of this Warrant to the Corporation with the exercise form duly executed
and payment of the purchase price (in cash or by certified or bank cashier's
check payable to the order of the Corporation) for each share purchased.  This
Warrant is subject to the terms of the Warrant Agreement between the parties
thereto dated as of August 16, 1999, the terms of which are hereby incorporated
herein.  Reference is hereby made to such Warrant Agreement for a further
statement of the rights of the holder of this Warrant.

Registered Owner: Charles Skamser                          Date: August 16, 1999

Exercise Price
  Per Share:        $.38

Expiration Date:    See Section 3 of the Warrant Agreement

        WITNESS the signature of the Corporation's authorized officer:

                              EBASEONE CORPORATION

                              By //s//  John Frazier Overstoltz
                                 ------------------------------------
                                 John Frazier Overstoltz
                                 Director and Executive Officer
<PAGE>

                              EBASEONE CORPORATION

                               WARRANT AGREEMENT
                               -----------------

                                                           Date: August 16, 1999

Mr. Charles Skamser:

     ebaseOne Corporation ("Company"), for value received, hereby agrees to
issue a stock purchase warrant entitling Charles Skamser ("Skamser" or "Warrant
holder") to purchase 2,000,000 shares of the Company's common stock ("Common
Stock").  Such warrant is evidenced by the warrant certificate in the form
attached hereto as Exhibit 1 (the instrument being hereinafter referred to as a
                   ---------
"Warrant,"and each Warrant and all instruments hereafter issued in replacement,
substitution, combination or subdivision thereof being hereinafter collectively
referred to as the "Warrants").  The number of shares of Common Stock
purchasable upon exercise of the Warrants is subject to adjustment as provided
in Section 5 below.  The Warrants will be exercisable by Skamser as to all or
any lesser number of shares of Common Stock covered thereby, at an Exercise
Price of $1.00 per share, subject to adjustment as provided in Section 5 below,
for the exercise period defined in Section 3(a) below.

1.   Representations and Warranties.
     ------------------------------

     The Company represents and warrants to the Warrant holder as follows:

     (a) Corporate and Other Action.  The Company has all requisite power and
         --------------------------
authority (corporate and other), and has taken all necessary corporate action,
to authorize, execute, deliver and perform this Warrant Agreement, to execute,
issue, sell and deliver the Warrants and a certificate or certificates
evidencing the Warrants, to authorize and reserve for issue and, upon payment
from time to time of the Exercise Price, to issue, sell and deliver, the shares
of the Common Stock issuable upon exercise of the Warrants ("Shares"), and to
perform all of its obligations under this Warrant Agreement and the Warrants.
The Shares, when issued in accordance with this Agreement, will be duly
authorized and validly issued and outstanding, fully paid and nonassessable and
free of all liens, claims, encumbrances and preemptive rights.  This Warrant
Agreement and, when issued, the Warrant issued pursuant hereto, has been or will
be duly executed and delivered by the Company and is or will be a legal, valid
and binding agreement of the Company, enforceable in accordance with its terms.
No authorization, approval, consent or other order of any governmental entity,
regulatory authority or other third party is required for such authorization,
execution, delivery, performance, issue or sale.

     (b) No Violation.  The execution and delivery of this Warrant Agreement,
         ------------
the consummation of the transactions herein contemplated and the compliance with
the terms and provisions of this Warrant Agreement and of the Warrants will not
conflict with, or result in a breach of, or constitute a default or an event
permitting acceleration under, any statute, the Certificate of Incorporation or
Bylaws of the Company or any indenture, mortgage, deed of trust, note, bank
loan, credit agreement, franchise, license, lease, permit, or any other
agreement, understanding, instrument,

                                    Page 1
<PAGE>

judgment, decree, order, statute, rule or regulation to which the Company is a
party or by which it is bound.

2.   Transfer.
     --------

     (a)  Transferability of Warrants. The Warrant holder agrees that the
          ---------------------------
Warrants are being acquired as an investment and not with a view to distribution
thereof and that the Warrants may not be transferred, sold, assigned or
hypothecated except as provided herein.  The Warrant holder further acknowledges
that the Warrants may not be transferred, sold, assigned or hypothecated unless
pursuant to a registration statement that has become effective under the
Securities Act of 1933, as amended ("Act"), setting forth the terms of such
offering and other pertinent data with respect thereto, or unless the Warrant
holder has provided the Company with an acceptable opinion from acceptable
counsel that such registration is not required.  Certificates representing the
Warrants shall bear an appropriate legend.

     (b)  Registration of Shares.  The Warrant holder agrees not to make any
          ----------------------
sale or other disposition of the Shares except pursuant to a registration
statement which has become effective under the Act, setting forth the terms of
such offering, the underwriting discount and commissions and any other pertinent
data with respect thereto, unless he has provided the Company with an acceptable
opinion of counsel acceptable to the Company that such registration is not
required. Certificates representing the Shares, which are not registered as
provided in Section 2, shall bear an appropriate legend and be subject to a
"stop-transfer"order.

     (c)  No Registration Rights.  The Warrant holder acknowledges that the
          ----------------------
Company has not granted, and does not intend to grant, the Warrant holder any
registration rights with respect to the Warrants or to the Shares underlying the
Warrants.

3.   Exercise of Warrants, Partial Exercise.
     --------------------------------------

     (a)  Exercise Period.  The Warrants become exercisable as the underlying
          ---------------
Shares vest (in the manner set forth below) and expire August 11, 2004. The
Shares underlying the Warrants shall vest, and the Warrants shall become
exercisable with respect to such Shares in as nearly equal as possible monthly
installments over a 24-month period, so long as Skamser remains employed by the
Company.  In the event Skamser ceases to be an employee of the Company, for any
reason, all unvested Shares underlying the Warrants shall immediately be
canceled, and the Warrants will entitle Skamser to purchase only those Shares
that have vested prior to the date he ceased to be employed by the Company.   In
the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable.  A change
of control shall mean and include the following transactions or  situations:

          (i)    A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another.  For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity [including a "group" as
referred to in Section 13(d)(3)

                                    Page 2
<PAGE>

of the Securities Exchange Act of 1934 ("1934 Act")]. For purposes of this
definition, the term "Unrelated Person" shall mean and include any Person other
than the Company, a wholly-owned subsidiary of the Company, or an employee
benefit plan of the Company; provided however, a sale to underwriters in
connection with a public offering of the Company's securities pursuant to a firm
commitment shall not be a Change of Control.

          (ii)   A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          (iii)  A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities.  For purposes of this definition, the term "Beneficial
Owner" shall  have the same meaning as given to that term in Rule 13d-3
promulgated  under the 1934 Act, provided that any pledgee of voting securities
is not deemed to be the Beneficial Owner thereof prior to its acquisition of
voting  rights with respect to such securities.

          (iv)   Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          (v)    During any period of two years, individuals who, at the
beginning of such period, constituted the Board of Directors of the Company
cease, for any reason, to constitute at least a majority thereof, unless the
election or nomination for election of each new director was approved by the
vote of at least two-thirds of the directors then still in office who were
directors at the beginning of such period.

          (vi)   A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     (b) Exercise in Full.  Subject to Section 3(a), Warrants may be exercised
         ----------------
in full by the Warrant holder by surrender of the Warrants, with the form of
subscription at the end thereof duly executed by such Warrant holder, to the
Company at its principal office in Houston, Texas, Attention: John Frazier
Overstoltz, accompanied by payment as determined by 3(d) below, in the amount
obtained by multiplying the number of shares of the Common Stock represented by
the respective Warrant or Warrants by the Exercise Price per share (after giving
effect to any adjustments as provided in Section 5 below).

                                    Page 3
<PAGE>

     (c)  Partial Exercise.  Subject to Section 3(a), the Warrant may be
          ----------------
exercised in part by the Warrant holder by surrender of the Warrant, with the
form of subscription at the end thereof duly executed by the Warrant holder, in
the manner and at the place provided in Section 3(b) above, accompanied by
payment as determined by 3(d) below, in amount obtained by multiplying the
number of shares of the Common Stock designated by the Warrant holder in the
form of subscription attached to the Warrant by the Exercise Price per share
(after giving effect to any adjustments as provided in Section 5 below).  Upon
any such partial exercise, the Company at its expense will forthwith issue and
deliver to or upon the order of the Warrant holder a new Warrant of like tenor,
in the name of the Warrant holder subject to Section 2(a), calling in the
aggregate for the purchase of the number of shares of the Common Stock equal to
the number of such shares called for on the face of the respective Warrant
(after giving effect to any adjustment herein as provided in Section 5 below)
minus the number of such shares designated by the Warrant holder in the
aforementioned form of subscription.

     (d)  Payment of Exercise Price.  Payment of the Exercise Price may be made
          -------------------------
by any of the following, or a combination thereof, at the election of Holder:

          (i)    cash, certified check or cashier's check or wire transfer; or

          (ii)   surrender of the Warrants at the principal office of the
Company together with notice of election, in which event the Company shall issue
Holder a number of shares of Common Stock computed using the following formula:

                    X = Y (A-B)/A

     where:    X = the number of shares of Common Stock to be issued to Holder
               (not to exceed the number of shares set forth on the cover page
               of this Warrant Agreement, as adjusted pursuant to the provisions
               of Section 5 of this Warrant Agreement).

               Y = the number of shares of Common Stock for which the Warrant is
               being exercised.

               A = the Market Price of one share of Common Stock (for purposes
               of this Section 2(d), the "Market Price" shall be defined as the
               closing price of the Common Stock on the business day immediately
               prior to the Date of Exercise of this Warrant (the "Closing Bid
               Price"), as reported by Nasdaq, or if the Common Stock is not
               traded on Nasdaq, the Closing Bid Price in the over-the-counter
               market; provided, however, that if the Common Stock is listed on
               a stock exchange, the Market Price shall be the Closing Bid Price
               on such exchange; and, provided further, that if the Common Stock
               is not quoted or listed by any organization, the fair value of
               the Common Stock, as determined by the board of directors of the
               Company, whose determination shall be conclusive, shall be used).

               B = the Exercise Price of $1.00.

                                    Page 4
<PAGE>

4.   Delivery of Stock Certificates on Exercise.
     ------------------------------------------

     Any exercise of the Warrants pursuant to Section 3 shall be deemed to have
been effected immediately prior to the close of business on the date on which
the Warrants together with the subscription form and the payment for the
aggregate Exercise Price shall have been received by the Company.  At such time,
the person or persons in whose name or names any certificate or certificates
representing the Shares or Other Securities (as defined below) shall be issuable
upon such exercise shall be deemed to have become the holder or holders of
record of the Shares or Other Securities so purchased.  As soon as practicable
after the exercise of any Warrant in full or in part, and in any event within 10
business days thereafter, the Company at its expense (including the payment by
it of any applicable issue taxes) will cause to be issued in the name of, and
delivered to the purchasing Warrant holder, a certificate or certificates
representing the number of fully paid and nonassessable shares of Common Stock
or Other Securities to which such the Warrant holder shall be entitled upon such
exercise, plus in lieu of any fractional share to which such Warrant holder
would otherwise be entitled, cash in an amount determined pursuant to Section
6(c).  The term "Other Securities" refers to any stock (other than Common
Stock), other securities or assets (including cash) of the Company or any other
person (corporate or otherwise) which the holders of the Warrants at any time
shall be entitled to receive, or shall have received, upon the exercise of the
Warrants, in lieu of or in addition to Common Stock, or which at any time shall
be issuable or shall have been issued in exchange for or in replacement of
Common Stock or Other Securities pursuant to Section 5 below or otherwise.

5.   Adjustment of Exercise Price and Number of Shares Purchasable.
     -------------------------------------------------------------

     The Exercise Price and the number of Shares are subject to adjustment from
time to time as set forth in this Section 5.

     (a) In case the Company shall at any time after the date of this Agreement
(i) declare a dividend on the Common Stock in shares of its capital stock, (ii)
subdivide the outstanding Shares, (iii) combine the outstanding Common Stock
into a smaller number of Common Stock, or (iv) issue any shares of its capital
stock by reclassification of the Common Stock (including any such
reclassification in connection with a consolidation or merger in which the
Company is the continuing corporation), then in each case the Exercise Price,
and the number and kind of Shares receivable upon exercise, in effect at the
time of the record date for such dividend or of the effective date of such
subdivision, combination, or reclassification shall be proportionately adjusted
so that any Warrants the Warrant holder has exercised after such time shall be
entitled to receive the aggregate number and kind of Shares which, if such
Warrant had been exercised immediately prior to such record date, he would have
owned upon such exercise and been entitled to receive by virtue of such
dividend, subdivision, combination, or reclassification.  Such adjustment shall
be made successively whenever any event listed above shall occur.

     (b) No adjustment in the Exercise Price shall be required if such
adjustment is less than $.05; provided, however, that any adjustments which by
reason of this subsection (b) are not required to be made shall be carried
forward and taken into account in any subsequent adjustment.  All calculations
under this Section 5 shall be made to the nearest cent or to the nearest one-
thousandth of a share, as the case may be.

                                    Page 5
<PAGE>

     (c) Upon each adjustment of the Exercise Price as a result of the
calculations made in subsection (a) of this Section 5, the Warrant outstanding
prior to the making of the adjustment in the Exercise Price shall thereafter
evidence the right to purchase, at the adjusted Exercise Price, that number of
Shares (calculated to the nearest thousandth) obtained by (i) multiplying the
number of Shares purchasable upon exercise of a Warrant immediately prior to
adjustment of the number of Shares by the Exercise Price in effect prior to
adjustment of the Exercise Price and (ii) dividing the product so obtained by
the Exercise Price in effect immediately after such adjustment of the Exercise
Price.

6.   Further Covenants of the Company.
     --------------------------------

     (a) Title to Stock.  All shares of Common Stock delivered upon the exercise
         --------------
of the Warrants shall be validly issued, fully paid and nonassessable; the
Warrant holder shall, upon such delivery, receive good and marketable title to
the Shares, free and clear of all voting and other trust arrangements, liens,
encumbrances, equities and claims whatsoever; and the Company shall have paid
all taxes, if any, in respect of the issuance thereof.

     (b) Replacement of Warrants.  Upon receipt of evidence reasonably
         -----------------------
satisfactory to the Company of the loss, theft, destruction or mutilation of any
Warrant and, in the case of any such loss, theft or destruction, upon delivery
of an indemnity agreement reasonably satisfactory in form and amount to the
Company or, in the case of any such mutilation, upon surrender and cancellation
of such Warrant, the Company, at the expense of the Warrant holder, will execute
and deliver, in lieu thereof, a new Warrant of like tenor.

     (c) Fractional Shares.  No fractional Shares are to be issued upon the
         -----------------
exercise of any Warrant, but the Company shall pay a cash adjustment in respect
of any fraction of a share which would otherwise be issuable in an amount as
determined by the Board of Directors.

7.   Other Warrant Holders: Holders of Shares.
     ----------------------------------------

     The Warrants are issued upon the following terms, to all of which the
Warrant holder by the taking thereof consents and agrees: (a) any person who
shall become a transferee, within the limitations on transfer imposed by Section
2(a) hereof, of a Warrant properly endorsed shall take such Warrant subject to
the provisions of Section 2(a) hereof and thereupon shall be authorized to
represent himself as absolute owner thereof and, subject to the restrictions
contained in this Warrant Agreement, shall be empowered to transfer absolute
title by endorsement and delivery thereof to a permitted bona fide purchaser for
value; (b) any person who shall become a holder or owner of Shares shall take
such shares subject to the provisions of Section 2(b) hereof; (c) each prior
taker or owner waives and renounces all of his equities or rights in such
Warrant in favor of each such permitted bona fide purchaser, and each such
permitted bona fide purchaser shall acquire absolute title thereto and to all
rights presented thereby; and (d) until such time as the respective Warrant is
transferred on the books of the Company, the Company may treat the registered
holder thereof as the absolute owner thereof for all purposes, notwithstanding
any notice to the contrary.

                                    Page 6
<PAGE>

8.   Miscellaneous.
     -------------

     All notices, certificates and other communications from or at the request
of the Company to the Warrant holder shall be mailed by first class, registered
or certified mail, postage prepaid, to such address as may have been furnished
to the Company in writing by such Warrant holder, or, until an address is so
furnished, to the address of the last holder of such Warrant who has so
furnished an address to the Company, except as otherwise provided herein.  This
Warrant Agreement and any of the terms hereof may be changed, waived, discharged
or terminated only by an instrument in writing signed by the party against which
enforcement of such change, waiver, discharge or termination is sought.  This
Warrant Agreement shall be construed and enforced in accordance with and
governed by the laws of the State of Texas.  The headings in this Warrant
Agreement are for purposes of reference only and shall not limit or otherwise
affect any of the terms hereof.  This Warrant Agreement, together with the forms
of instruments annexed hereto as exhibits, constitutes the full and complete
agreement of the parties hereto with respect to the subject matter hereof.

     IN WITNESS WHEREOF, the Company has caused this Warrant Agreement to be
executed on this the 16th day of August, 1999, in Houston, Texas, by its proper
corporate officers, thereunto duly authorized.

                              EBASEONE CORPORATION

                              By: //s//  John Frazier Overstoltz
                                  -------------------------------------------
                                  John Frazier Overstoltz
                                  Director and Executive Officer

The above Warrant Agreement is confirmed
as of the date set forth above.

//s// Charles Skamser
----------------------------------------
Charles Skamser

                                    Page 7
<PAGE>

                                                                       Exhibit 1
                                    WARRANT

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER: (A) THE SECURITIES ACT OF 1933,
AS AMENDED, IN RELIANCE UPON THE EXEMPTIONS FROM REGISTRATION PROVIDED IN
SECTIONS 3 AND 4 OF SUCH ACT AND REGULATION D PROMULGATED THEREUNDER; OR (B) ANY
STATE SECURITIES LAWS IN RELIANCE UPON APPLICABLE EXEMPTIONS THEREUNDER.  THESE
WARRANTS MUST BE ACQUIRED FOR INVESTMENT ONLY FOR THE ACCOUNT OF THE INVESTOR,
AND NEITHER THE WARRANTS NOR THE UNDERLYING STOCK MAY BE TRANSFERRED OR
EXERCISED EXCEPT IN COMPLIANCE WITH ALL APPLICABLE SECURITIES AND OTHER LAWS.

                                                                     To Purchase
                                                             2,000,000 Shares of
                                                                    Common Stock

                              EBASEONE CORPORATION
                    Incorporated Under the Laws of Delaware

     This certifies that, for value received, the hereafter named registered
owner is entitled, subject to the terms and conditions of this Warrant, until
the expiration date, to purchase the number of shares set forth above of the
common stock (the "Common Stock"), of ebaseOne Corporation (the "Corporation")
from the Corporation at the purchase price per share hereafter set forth, on
delivery of this Warrant to the Corporation with the exercise form duly executed
and payment of the purchase price (in cash or by certified or bank cashier's
check payable to the order of the Corporation) for each share purchased.  This
Warrant is subject to the terms of the Warrant Agreement between the parties
thereto dated as of August 16, 1999, the terms of which are hereby incorporated
herein.  Reference is hereby made to such Warrant Agreement for a further
statement of the rights of the holder of this Warrant.

Registered Owner: Charles Skamser                          Date: August 16, 1999

Exercise Price
  Per Share:        $1.00

Expiration Date:    See Section 3 of the Warrant Agreement

     WITNESS the signature of the Corporation's authorized officer:

                                             EBASEONE CORPORATION

                                             By //s//  John Frazier Overstoltz
                                                --------------------------------
                                                John Frazier Overstoltz
                                                Director and Executive Officer
<PAGE>

                             EBASEONE CORPORATION

                               WARRANT AGREEMENT
                               -----------------

                                                           Date: August 16, 1999

Mr. Charles Skamser:

     ebaseOne Corporation ("Company"), for value received, hereby agrees to
issue a stock purchase warrant entitling Charles Skamser ("Skamser" or "Warrant
holder") to purchase 1,000,000 shares of the Company's common stock ("Common
Stock"). Such warrant is evidenced by the warrant certificate in the form
attached hereto as Exhibit 1 (the instrument being hereinafter referred to as a
                   ---------
"Warrant," and each Warrant and all instruments hereafter issued in replacement,
substitution, combination or subdivision thereof being hereinafter collectively
referred to as the "Warrants"). The number of shares of Common Stock purchasable
upon exercise of the Warrants is subject to adjustment as provided in Section 5
below. The Warrants will be exercisable by Skamser as to all or any lesser
number of shares of Common Stock covered thereby, at an Exercise Price of $1.50
per share, subject to adjustment as provided in Section 5 below, for the
exercise period defined in Section 3(a) below.

1.   Representations and Warranties.
     ------------------------------

     The Company represents and warrants to the Warrant holder as follows:

     (a)  Corporate and Other Action.  The Company has all requisite power and
          --------------------------
authority (corporate and other), and has taken all necessary corporate action,
to authorize, execute, deliver and perform this Warrant Agreement, to execute,
issue, sell and deliver the Warrants and a certificate or certificates
evidencing the Warrants, to authorize and reserve for issue and, upon payment
from time to time of the Exercise Price, to issue, sell and deliver, the shares
of the Common Stock issuable upon exercise of the Warrants ("Shares"), and to
perform all of its obligations under this Warrant Agreement and the Warrants.
The Shares, when issued in accordance with this Agreement, will be duly
authorized and validly issued and outstanding, fully paid and nonassessable and
free of all liens, claims, encumbrances and preemptive rights. This Warrant
Agreement and, when issued, the Warrant issued pursuant hereto, has been or will
be duly executed and delivered by the Company and is or will be a legal, valid
and binding agreement of the Company, enforceable in accordance with its terms.
No authorization, approval, consent or other order of any governmental entity,
regulatory authority or other third party is required for such authorization,
execution, delivery, performance, issue or sale.

     (b)  No Violation.  The execution and delivery of this Warrant Agreement,
          ------------
the consummation of the transactions herein contemplated and the compliance with
the terms and provisions of this Warrant Agreement and of the Warrants will not
conflict with, or result in a breach of, or constitute a default or an event
permitting acceleration under, any statute, the Certificate of Incorporation or
Bylaws of the Company or any indenture, mortgage, deed of trust, note, bank
loan, credit agreement, franchise, license, lease, permit, or any other
agreement, understanding, instrument,

                                    Page 1
<PAGE>

judgment, decree, order, statute, rule or regulation to which the Company is a
party or by which it is bound.

2.   Transfer.
     --------

     (a)  Transferability of Warrants. The Warrant holder agrees that the
          ---------------------------
Warrants are being acquired as an investment and not with a view to distribution
thereof and that the Warrants may not be transferred, sold, assigned or
hypothecated except as provided herein. The Warrant holder further acknowledges
that the Warrants may not be transferred, sold, assigned or hypothecated unless
pursuant to a registration statement that has become effective under the
Securities Act of 1933, as amended ("Act"), setting forth the terms of such
offering and other pertinent data with respect thereto, or unless the Warrant
holder has provided the Company with an acceptable opinion from acceptable
counsel that such registration is not required. Certificates representing the
Warrants shall bear an appropriate legend.

     (b)  Registration of Shares.  The Warrant holder agrees not to make any
          ----------------------
sale or other disposition of the Shares except pursuant to a registration
statement which has become effective under the Act, setting forth the terms of
such offering, the underwriting discount and commissions and any other pertinent
data with respect thereto, unless he has provided the Company with an acceptable
opinion of counsel acceptable to the Company that such registration is not
required. Certificates representing the Shares, which are not registered as
provided in Section 2, shall bear an appropriate legend and be subject to a
"stop-transfer"order.

     (c)  No Registration Rights.  The Warrant holder acknowledges that the
          ----------------------
Company has not granted, and does not intend to grant, the Warrant holder any
registration rights with respect to the Warrants or to the Shares underlying the
Warrants.

3.   Exercise of Warrants, Partial Exercise.
     --------------------------------------

     (a)  Exercise Period.  The Shares underlying the Warrants are exercisable
          ---------------
upon the earlier of the vesting contingencies as set forth below and expire
August 11, 2006. The Shares underlying the Warrants shall vest, and the Warrants
shall become exercisable with respect to such Shares at any time upon the
earlier of the following to occur: (i) the date on which the last sales price of
the Company's common stock as reported by the Nasdaq Stock Market, or if not
reported on the Nasdaq Stock Market, a stock exchange, or the over-the-counter
market, exceeds $5.00 per share for at least 30 consecutive trading days, or
(ii) if the Company obtains net revenues of $12,000,000 for the 12 months ending
December 31, 2000, as determined by the Company's independent auditors, or (iii)
if the Company obtains net revenues of $50,000,000 for the 12 months ending
December 31, 2001, as determined by the Company's independent auditors. In the
event the Company is a reporting company pursuant to the Securities Exchange Act
of 1934, as amended, ("1934 Act") then determination of whether the Company has
met items (ii) or (iii) shall be made upon the filing of the Company's 12 month
financial statements with the Securities and Exchange Commission. If the Company
is not reporting pursuant to the 1934 Act, the determination shall be made
within 45 days of December 31.

                                    Page 2
<PAGE>

     In the event Skamser ceases to be an employee of the Company, for any
reason, all unvested Shares underlying the Warrants shall immediately be
canceled, and the Warrants will entitle Skamser to purchase only those Shares
that have vested prior to the date he ceased to be employed by the Company

     In the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable. A change
of control shall mean and include the following transactions or situations:

          (i)    A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another. For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity (including a "group" as
referred to in Section 13(d)(3) of the 1934 Act). For purposes of this
definition, the term "Unrelated Person" shall mean and include any Person other
than the Company, a wholly-owned subsidiary of the Company, or an employee
benefit plan of the Company; provided however, a sale to underwriters in
connection with a public offering of the Company's securities pursuant to a firm
commitment shall not be a Change of Control.

          (ii)   A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          (iii)  A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities. For purposes of this definition, the term "Beneficial
Owner" shall have the same meaning as given to that term in Rule 13d-3
promulgated under the 1934 Act, provided that any pledgee of voting securities
is not deemed to be the Beneficial Owner thereof prior to its acquisition of
voting rights with respect to such securities.

          (iv)   Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          (v)    During any period of two years, individuals who, at the
beginning of such period, constituted the Board of Directors of the Company
cease, for any reason, to constitute at least a majority thereof, unless the
election or nomination for election of each new director was approved by the
vote of at least two-thirds of the directors then still in office who were
directors at the beginning of such period.

                                    Page 3
<PAGE>

          (vi)   A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     (b)  Exercise in Full.  Subject to Section 3(a), Warrants may be exercised
          ----------------
in full by the Warrant holder by surrender of the Warrants, with the form of
subscription at the end thereof duly executed by such Warrant holder, to the
Company at its principal office in Houston, Texas, Attention: John Frazier
Overstoltz, accompanied by payment as determined by 3(d) below, in the amount
obtained by multiplying the number of shares of the Common Stock represented by
the respective Warrant or Warrants by the Exercise Price per share (after giving
effect to any adjustments as provided in Section 5 below).

     (c)  Partial Exercise.  Subject to Section 3(a), the Warrant may be
          ----------------
exercised in part by the Warrant holder by surrender of the Warrant, with the
form of subscription at the end thereof duly executed by the Warrant holder, in
the manner and at the place provided in Section 3(b) above, accompanied by
payment as determined by 3(d) below, in amount obtained by multiplying the
number of shares of the Common Stock designated by the Warrant holder in the
form of subscription attached to the Warrant by the Exercise Price per share
(after giving effect to any adjustments as provided in Section 5 below). Upon
any such partial exercise, the Company at its expense will forthwith issue and
deliver to or upon the order of the Warrant holder a new Warrant of like tenor,
in the name of the Warrant holder subject to Section 2(a), calling in the
aggregate for the purchase of the number of shares of the Common Stock equal to
the number of such shares called for on the face of the respective Warrant
(after giving effect to any adjustment herein as provided in Section 5 below)
minus the number of such shares designated by the Warrant holder in the
aforementioned form of subscription.

     (d)  Payment of Exercise Price.  Payment of the Exercise Price may be made
          -------------------------
by any of the following, or a combination thereof, at the election of Holder:

          (i)    cash, certified check or cashier's check or wire transfer; or

          (ii)   surrender of the Warrants at the principal office of the
Company together with notice of election, in which event the Company shall issue
Holder a number of shares of Common Stock computed using the following formula:

                         X = Y (A-B)/A

     where:      X = the number of shares of Common Stock to be issued to Holder
                 (not to exceed the number of shares set forth on the cover page
                 of this Warrant Agreement, as adjusted pursuant to the
                 provisions of Section 5 of this Warrant Agreement).

                 Y = the number of shares of Common Stock for which the Warrant
                 is being exercised.

                                    Page 4
<PAGE>

                 A = the Market Price of one share of Common Stock (for purposes
                 of this Section 2(d), the "Market Price" shall be defined as
                 the closing price of the Common Stock on the business day
                 immediately prior to the Date of Exercise of this Warrant (the
                 "Closing Bid Price"), as reported by Nasdaq, or if the Common
                 Stock is not traded on Nasdaq, the Closing Bid Price in the
                 over-the-counter market; provided, however, that if the Common
                 Stock is listed on a stock exchange, the Market Price shall be
                 the Closing Bid Price on such exchange; and, provided further,
                 that if the Common Stock is not quoted or listed by any
                 organization, the fair value of the Common Stock, as determined
                 by the board of directors of the Company, whose determination
                 shall be conclusive, shall be used).

                 B = the Exercise Price of $1.50.

4.   Delivery of Stock Certificates on Exercise.
     ------------------------------------------

     Any exercise of the Warrants pursuant to Section 3 shall be deemed to have
been effected immediately prior to the close of business on the date on which
the Warrants together with the subscription form and the payment for the
aggregate Exercise Price shall have been received by the Company. At such time,
the person or persons in whose name or names any certificate or certificates
representing the Shares or Other Securities (as defined below) shall be issuable
upon such exercise shall be deemed to have become the holder or holders of
record of the Shares or Other Securities so purchased. As soon as practicable
after the exercise of any Warrant in full or in part, and in any event within 10
business days thereafter, the Company at its expense (including the payment by
it of any applicable issue taxes) will cause to be issued in the name of, and
delivered to the purchasing Warrant holder, a certificate or certificates
representing the number of fully paid and nonassessable shares of Common Stock
or Other Securities to which such the Warrant holder shall be entitled upon such
exercise, plus in lieu of any fractional share to which such Warrant holder
would otherwise be entitled, cash in an amount determined pursuant to Section
6(c). The term "Other Securities" refers to any stock (other than Common Stock),
other securities or assets (including cash) of the Company or any other person
(corporate or otherwise) which the holders of the Warrants at any time shall be
entitled to receive, or shall have received, upon the exercise of the Warrants,
in lieu of or in addition to Common Stock, or which at any time shall be
issuable or shall have been issued in exchange for or in replacement of Common
Stock or Other Securities pursuant to Section 5 below or otherwise.

5.   Adjustment of Exercise Price and Number of Shares Purchasable.
     -------------------------------------------------------------

     The Exercise Price and the number of Shares are subject to adjustment from
time to time as set forth in this Section 5.

     (a)  In case the Company shall at any time after the date of this Agreement
(i) declare a dividend on the Common Stock in shares of its capital stock, (ii)
subdivide the outstanding Shares, (iii) combine the outstanding Common Stock
into a smaller number of Common Stock, or (iv) issue any shares of its capital
stock by reclassification of the Common Stock (including any such
reclassification in connection with a consolidation or merger in which the
Company is the continuing

                                    Page 5
<PAGE>

corporation), then in each case the Exercise Price, and the number and kind of
Shares receivable upon exercise, in effect at the time of the record date for
such dividend or of the effective date of such subdivision, combination, or
reclassification shall be proportionately adjusted so that any Warrants the
Warrant holder has exercised after such time shall be entitled to receive the
aggregate number and kind of Shares which, if such Warrant had been exercised
immediately prior to such record date, he would have owned upon such exercise
and been entitled to receive by virtue of such dividend, subdivision,
combination, or reclassification. Such adjustment shall be made successively
whenever any event listed above shall occur.

     (b)  No adjustment in the Exercise Price shall be required if such
adjustment is less than $.05; provided, however, that any adjustments which by
reason of this subsection (b) are not required to be made shall be carried
forward and taken into account in any subsequent adjustment. All calculations
under this Section 5 shall be made to the nearest cent or to the nearest one-
thousandth of a share, as the case may be.

     (c)  Upon each adjustment of the Exercise Price as a result of the
calculations made in subsection (a) of this Section 5, the Warrant outstanding
prior to the making of the adjustment in the Exercise Price shall thereafter
evidence the right to purchase, at the adjusted Exercise Price, that number of
Shares (calculated to the nearest thousandth) obtained by (i) multiplying the
number of Shares purchasable upon exercise of a Warrant immediately prior to
adjustment of the number of Shares by the Exercise Price in effect prior to
adjustment of the Exercise Price and (ii) dividing the product so obtained by
the Exercise Price in effect immediately after such adjustment of the Exercise
Price.

6.   Further Covenants of the Company.
     --------------------------------

     (a)  Title to Stock.  All shares of Common Stock delivered upon the
          --------------
exercise of the Warrants shall be validly issued, fully paid and nonassessable;
the Warrant holder shall, upon such delivery, receive good and marketable title
to the Shares, free and clear of all voting and other trust arrangements, liens,
encumbrances, equities and claims whatsoever; and the Company shall have paid
all taxes, if any, in respect of the issuance thereof.

     (b)  Replacement of Warrants.  Upon receipt of evidence reasonably
          -----------------------
satisfactory to the Company of the loss, theft, destruction or mutilation of any
Warrant and, in the case of any such loss, theft or destruction, upon delivery
of an indemnity agreement reasonably satisfactory in form and amount to the
Company or, in the case of any such mutilation, upon surrender and cancellation
of such Warrant, the Company, at the expense of the Warrant holder, will execute
and deliver, in lieu thereof, a new Warrant of like tenor.

     (c)  Fractional Shares.  No fractional Shares are to be issued upon the
          -----------------
exercise of any Warrant, but the Company shall pay a cash adjustment in respect
of any fraction of a share which would otherwise be issuable in an amount as
determined by the Board of Directors.

                                    Page 6
<PAGE>

7.   Other Warrant Holders: Holders of Shares.
     ----------------------------------------

     The Warrants are issued upon the following terms, to all of which the
Warrant holder by the taking thereof consents and agrees: (a) any person who
shall become a transferee, within the limitations on transfer imposed by Section
2(a) hereof, of a Warrant properly endorsed shall take such Warrant subject to
the provisions of Section 2(a) hereof and thereupon shall be authorized to
represent himself as absolute owner thereof and, subject to the restrictions
contained in this Warrant Agreement, shall be empowered to transfer absolute
title by endorsement and delivery thereof to a permitted bona fide purchaser for
value; (b) any person who shall become a holder or owner of Shares shall take
such shares subject to the provisions of Section 2(b) hereof; (c) each prior
taker or owner waives and renounces all of his equities or rights in such
Warrant in favor of each such permitted bona fide purchaser, and each such
permitted bona fide purchaser shall acquire absolute title thereto and to all
rights presented thereby; and (d) until such time as the respective Warrant is
transferred on the books of the Company, the Company may treat the registered
holder thereof as the absolute owner thereof for all purposes, notwithstanding
any notice to the contrary.

8.   Miscellaneous.
     -------------

     All notices, certificates and other communications from or at the request
of the Company to the Warrant holder shall be mailed by first class, registered
or certified mail, postage prepaid, to such address as may have been furnished
to the Company in writing by such Warrant holder, or, until an address is so
furnished, to the address of the last holder of such Warrant who has so
furnished an address to the Company, except as otherwise provided herein.  This
Warrant Agreement and any of the terms hereof may be changed, waived, discharged
or terminated only by an instrument in writing signed by the party against which
enforcement of such change, waiver, discharge or termination is sought.  This
Warrant Agreement shall be construed and enforced in accordance with and
governed by the laws of the State of Texas.  The headings in this Warrant
Agreement are for purposes of reference only and shall not limit or otherwise
affect any of the terms hereof.  This Warrant Agreement, together with the forms
of instruments annexed hereto as exhibits, constitutes the full and complete
agreement of the parties hereto with respect to the subject matter hereof.

     IN WITNESS WHEREOF, the Company has caused this Warrant Agreement to be
executed on this the 16th day of August, 1999, in Houston, Texas, by its proper
corporate officers, thereunto duly authorized.

                              EBASEONE CORPORATION

                              By: /s/  John Frazier Overstoltz
                                  -------------------------------------------
                                   John Frazier Overstoltz
                                   Director and Executive Officer

The above Warrant Agreement is confirmed
as of the date set forth above.

/s/ Charles Skamser
-------------------------------------
Charles Skamser

                                    Page 7
<PAGE>

                                                                       Exhibit 1
                                    WARRANT

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER: (A) THE SECURITIES ACT OF 1933,
AS AMENDED, IN RELIANCE UPON THE EXEMPTIONS FROM REGISTRATION PROVIDED IN
SECTIONS 3 AND 4 OF SUCH ACT AND REGULATION D PROMULGATED THEREUNDER; OR (B) ANY
STATE SECURITIES LAWS IN RELIANCE UPON APPLICABLE EXEMPTIONS THEREUNDER. THESE
WARRANTS MUST BE ACQUIRED FOR INVESTMENT ONLY FOR THE ACCOUNT OF THE INVESTOR,
AND NEITHER THE WARRANTS NOR THE UNDERLYING STOCK MAY BE TRANSFERRED OR
EXERCISED EXCEPT IN COMPLIANCE WITH ALL APPLICABLE SECURITIES AND OTHER LAWS.

                                                                     To Purchase
                                                             1,000,000 Shares of
                                                                    Common Stock

                             EBASEONE CORPORATION
                    Incorporated Under the Laws of Delaware

     This certifies that, for value received, the hereafter named registered
owner is entitled, subject to the terms and conditions of this Warrant, until
the expiration date, to purchase the number of shares set forth above of the
common stock (the "Common Stock"), of ebaseOne Corporation (the "Corporation")
from the Corporation at the purchase price per share hereafter set forth, on
delivery of this Warrant to the Corporation with the exercise form duly executed
and payment of the purchase price (in cash or by certified or bank cashier's
check payable to the order of the Corporation) for each share purchased. This
Warrant is subject to the terms of the Warrant Agreement between the parties
thereto dated as of August 16, 1999, the terms of which are hereby incorporated
herein. Reference is hereby made to such Warrant Agreement for a further
statement of the rights of the holder of this Warrant.

Registered Owner: Charles Skamser                          Date: August 16, 1999

Exercise Price
  Per Share:        $1.50

Expiration Date:    See Section 3 of the Warrant Agreement

     WITNESS the signature of the Corporation's authorized officer:

                              EBASEONE CORPORATION

                              By //s//  John Frazier Overstoltz
                                 -------------------------------------------
                                 John Frazier Overstoltz
                                 Director and Executive Officer
<PAGE>

                             EBASEONE CORPORATION

                               WARRANT AGREEMENT
                               -----------------

                                                           Date: August 16, 1999

Mr. Charles Skamser:

     ebaseOne Corporation ("Company"), for value received, hereby agrees to
issue a stock purchase warrant entitling Charles Skamser ("Skamser" or "Warrant
holder") to purchase 1,000,000 shares of the Company's common stock ("Common
Stock").  Such warrant is evidenced by the warrant certificate in the form
attached hereto as Exhibit 1 (the instrument being hereinafter referred to as a
                   ---------
"Warrant,"and each Warrant and all instruments hereafter issued in replacement,
substitution, combination or subdivision thereof being hereinafter collectively
referred to as the "Warrants").  The number of shares of Common Stock
purchasable upon exercise of the Warrants is subject to adjustment as provided
in Section 5 below.  The Warrants will be exercisable by Skamser as to all or
any lesser number of shares of Common Stock covered thereby, at an Exercise
Price of $2.00 per share, subject to adjustment as provided in Section 5 below,
for the exercise period defined in Section 3(a) below.

1.   Representations and Warranties.
     ------------------------------

     The Company represents and warrants to the Warrant holder as follows:

     (a)  Corporate and Other Action.  The Company has all requisite power and
          --------------------------
authority (corporate and other), and has taken all necessary corporate action,
to authorize, execute, deliver and perform this Warrant Agreement, to execute,
issue, sell and deliver the Warrants and a certificate or certificates
evidencing the Warrants, to authorize and reserve for issue and, upon payment
from time to time of the Exercise Price, to issue, sell and deliver, the shares
of the Common Stock issuable upon exercise of the Warrants ("Shares"), and to
perform all of its obligations under this Warrant Agreement and the Warrants.
The Shares, when issued in accordance with this Agreement, will be duly
authorized and validly issued and outstanding, fully paid and nonassessable and
free of all liens, claims, encumbrances and preemptive rights.  This Warrant
Agreement and, when issued, the Warrant issued pursuant hereto, has been or will
be duly executed and delivered by the Company and is or will be a legal, valid
and binding agreement of the Company, enforceable in accordance with its terms.
No authorization, approval, consent or other order of any governmental entity,
regulatory authority or other third party is required for such authorization,
execution, delivery, performance, issue or sale.

     (b)  No Violation.  The execution and delivery of this Warrant Agreement,
          ------------
the consummation of the transactions herein contemplated and the compliance with
the terms and provisions of this Warrant Agreement and of the Warrants will not
conflict with, or result in a breach of, or constitute a default or an event
permitting acceleration under, any statute, the Certificate of Incorporation or
Bylaws of the Company or any indenture, mortgage, deed of trust, note, bank
loan, credit agreement, franchise, license, lease, permit, or any other
agreement, understanding, instrument,

                                    Page 1
<PAGE>

judgment, decree, order, statute, rule or regulation to which the Company is a
party or by which it is bound.

2.   Transfer.
     --------

     (a)  Transferability of Warrants. The Warrant holder agrees that the
          ---------------------------
Warrants are being acquired as an investment and not with a view to distribution
thereof and that the Warrants may not be transferred, sold, assigned or
hypothecated except as provided herein.  The Warrant holder further acknowledges
that the Warrants may not be transferred, sold, assigned or hypothecated unless
pursuant to a registration statement that has become effective under the
Securities Act of 1933, as amended ("Act"), setting forth the terms of such
offering and other pertinent data with respect thereto, or unless the Warrant
holder has provided the Company with an acceptable opinion from acceptable
counsel that such registration is not required.  Certificates representing the
Warrants shall bear an appropriate legend.

     (b)  Registration of Shares.  The Warrant holder agrees not to make any
          ----------------------
sale or other disposition of the Shares except pursuant to a registration
statement which has become effective under the Act, setting forth the terms of
such offering, the underwriting discount and commissions and any other pertinent
data with respect thereto, unless he has provided the Company with an acceptable
opinion of counsel acceptable to the Company that such registration is not
required. Certificates representing the Shares, which are not registered as
provided in Section 2, shall bear an appropriate legend and be subject to a
"stop-transfer"order.

     (c)  No Registration Rights.  The Warrant holder acknowledges that the
          ----------------------
Company has not granted, and does not intend to grant, the Warrant holder any
registration rights with respect to the Warrants or to the Shares underlying the
Warrants.

3.   Exercise of Warrants, Partial Exercise.
     --------------------------------------

     (a)  Exercise Period.  The Shares underlying the Warrants are exercisable
          ---------------
upon the earlier of the vesting contingencies as set forth below and expire
August 11, 2006.  The Shares underlying the Warrants shall vest, and the
Warrants shall become exercisable with respect to such Shares at any time upon
the earlier of the following to occur: (i) the date on which the last sales
price of the Company's common stock as reported by the Nasdaq Stock Market, or
if not reported on the Nasdaq Stock Market, a stock exchange, or the over-the-
counter market, exceeds $5.00 per share for at least 30 consecutive trading
days, or (ii) if the Company obtains net revenues of $12,000,000 for the 12
months ending December 31, 2000, as determined by the Company's independent
auditors, or (iii) if the Company obtains net revenues of $50,000,000 for the 12
months ending December 31, 2001, as determined by the Company's independent
auditors.  In the event the Company is a reporting company pursuant to the
Securities Exchange Act of 1934, as amended, ("1934 Act") then determination of
whether the Company has met items (ii) or (iii) shall be made upon the filing of
the Company's 12 month financial statements with the Securities and Exchange
Commission.  If the Company is not reporting pursuant to the 1934 Act, the
determination shall be made within 45 days of December 31.

                                    Page 2
<PAGE>

     In the event Skamser ceases to be an employee of the Company, for any
reason, all unvested Shares underlying the Warrants shall immediately be
canceled, and the Warrants will entitle Skamser to purchase only those Shares
that have vested prior to the date he ceased to be employed by the Company

     In the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable.  A change
of control shall mean and include the following transactions or situations:

          (i)    A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another.  For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity (including a "group" as
referred to in Section 13(d)(3) of the 1934 Act).  For purposes of this
definition, the term "Unrelated Person" shall mean and include any Person other
than the Company, a wholly-owned subsidiary of the Company, or an employee
benefit plan of the Company; provided however, a sale to underwriters in
connection with a public offering of the Company's securities pursuant to a firm
commitment shall not be a Change of Control.

          (ii)   A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          (iii)  A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities.  For purposes of this definition, the term "Beneficial
Owner" shall have the same meaning as given to that term in Rule 13d-3
promulgated under the 1934 Act, provided that any pledgee of voting securities
is not deemed to be the Beneficial Owner thereof prior to its acquisition of
voting  rights with respect to such securities.

          (iv)   Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          (v)    During any period of two years, individuals who, at the
beginning of such period, constituted the Board of Directors of the Company
cease, for any reason, to constitute at least a majority thereof, unless the
election or nomination for election of each new director was approved by the
vote of at least two-thirds of the directors then still in office who were
directors at the beginning of such period.

                                    Page 3
<PAGE>

          (vi)   A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     (b)  Exercise in Full.  Subject to Section 3(a), Warrants may be exercised
          ----------------
in full by the Warrant holder by surrender of the Warrants, with the form of
subscription at the end thereof duly executed by such Warrant holder, to the
Company at its principal office in Houston, Texas, Attention: John Frazier
Overstoltz, accompanied by payment as determined by 3(d) below, in the amount
obtained by multiplying the number of shares of the Common Stock represented by
the respective Warrant or Warrants by the Exercise Price per share (after giving
effect to any adjustments as provided in Section 5 below).

     (c)  Partial Exercise.  Subject to Section 3(a), the Warrant may be
          ----------------
exercised in part by the Warrant holder by surrender of the Warrant, with the
form of subscription at the end thereof duly executed by the Warrant holder, in
the manner and at the place provided in Section 3(b) above, accompanied by
payment as determined by 3(d) below, in amount obtained by multiplying the
number of shares of the Common Stock designated by the Warrant holder in the
form of subscription attached to the Warrant by the Exercise Price per share
(after giving effect to any adjustments as provided in Section 5 below).  Upon
any such partial exercise, the Company at its expense will forthwith issue and
deliver to or upon the order of the Warrant holder a new Warrant of like tenor,
in the name of the Warrant holder subject to Section 2(a), calling in the
aggregate for the purchase of the number of shares of the Common Stock equal to
the number of such shares called for on the face of the respective Warrant
(after giving effect to any adjustment herein as provided in Section 5 below)
minus the number of such shares designated by the Warrant holder in the
aforementioned form of subscription.

     (d)  Payment of Exercise Price.  Payment of the Exercise Price may be made
          -------------------------
by any of the following, or a combination thereof, at the election of Holder:

          (i)   cash, certified check or cashier's check or wire transfer; or

          (ii)  surrender of the Warrants at the principal office of the Company
together with notice of election, in which event the Company shall issue Holder
a number of shares of Common Stock computed using the following formula:

                    X = Y (A-B)/A

     where:     X = the number of shares of Common Stock to be issued to Holder
                (not to exceed the number of shares set forth on the cover page
                of this Warrant Agreement, as adjusted pursuant to the
                provisions of Section 5 of this Warrant Agreement).

                Y = the number of shares of Common Stock for which the Warrant
                is being exercised.

                                    Page 4
<PAGE>

                A = the Market Price of one share of Common Stock (for purposes
                of this Section 2(d), the "Market Price" shall be defined as the
                closing price of the Common Stock on the business day
                immediately prior to the Date of Exercise of this Warrant (the
                "Closing Bid Price"), as reported by Nasdaq, or if the Common
                Stock is not traded on Nasdaq, the Closing Bid Price in the
                over-the-counter market; provided, however, that if the Common
                Stock is listed on a stock exchange, the Market Price shall be
                the Closing Bid Price on such exchange; and, provided further,
                that if the Common Stock is not quoted or listed by any
                organization, the fair value of the Common Stock, as determined
                by the board of directors of the Company, whose determination
                shall be conclusive, shall be used).

                B = the Exercise Price of $2.00.

4.   Delivery of Stock Certificates on Exercise.
     ------------------------------------------

     Any exercise of the Warrants pursuant to Section 3 shall be deemed to have
been effected immediately prior to the close of business on the date on which
the Warrants together with the subscription form and the payment for the
aggregate Exercise Price shall have been received by the Company.  At such time,
the person or persons in whose name or names any certificate or certificates
representing the Shares or Other Securities (as defined below) shall be issuable
upon such exercise shall be deemed to have become the holder or holders of
record of the Shares or Other Securities so purchased.  As soon as practicable
after the exercise of any Warrant in full or in part, and in any event within 10
business days thereafter, the Company at its expense (including the payment by
it of any applicable issue taxes) will cause to be issued in the name of, and
delivered to the purchasing Warrant holder, a certificate or certificates
representing the number of fully paid and nonassessable shares of Common Stock
or Other Securities to which such the Warrant holder shall be entitled upon such
exercise, plus in lieu of any fractional share to which such Warrant holder
would otherwise be entitled, cash in an amount determined pursuant to Section
6(c).  The term "Other Securities" refers to any stock (other than Common
Stock), other securities or assets (including cash) of the Company or any other
person (corporate or otherwise) which the holders of the Warrants at any time
shall be entitled to receive, or shall have received, upon the exercise of the
Warrants, in lieu of or in addition to Common Stock, or which at any time shall
be issuable or shall have been issued in exchange for or in replacement of
Common Stock or Other Securities pursuant to Section 5 below or otherwise.

5.   Adjustment of Exercise Price and Number of Shares Purchasable.
     -------------------------------------------------------------

     The Exercise Price and the number of Shares are subject to adjustment from
time to time as set forth in this Section 5.

     (a)  In case the Company shall at any time after the date of this Agreement
(i) declare a dividend on the Common Stock in shares of its capital stock, (ii)
subdivide the outstanding Shares, (iii) combine the outstanding Common Stock
into a smaller number of Common Stock, or (iv) issue any shares of its capital
stock by reclassification of the Common Stock (including any such
reclassification in connection with a consolidation or merger in which the
Company is the continuing corporation), then in each case the Exercise Price,
and the number and kind of Shares receivable upon

                                    Page 5
<PAGE>

exercise, in effect at the time of the record date for such dividend or of the
effective date of such subdivision, combination, or reclassification shall be
proportionately adjusted so that any Warrants the Warrant holder has exercised
after such time shall be entitled to receive the aggregate number and kind of
Shares which, if such Warrant had been exercised immediately prior to such
record date, he would have owned upon such exercise and been entitled to receive
by virtue of such dividend, subdivision, combination, or reclassification. Such
adjustment shall be made successively whenever any event listed above shall
occur.

     (b)  No adjustment in the Exercise Price shall be required if such
adjustment is less than $.05; provided, however, that any adjustments which by
reason of this subsection (b) are not required to be made shall be carried
forward and taken into account in any subsequent adjustment.  All calculations
under this Section 5 shall be made to the nearest cent or to the nearest one-
thousandth of a share, as the case may be.

     (c)  Upon each adjustment of the Exercise Price as a result of the
calculations made in subsection (a) of this Section 5, the Warrant outstanding
prior to the making of the adjustment in the Exercise Price shall thereafter
evidence the right to purchase, at the adjusted Exercise Price, that number of
Shares (calculated to the nearest thousandth) obtained by (i) multiplying the
number of Shares purchasable upon exercise of a Warrant immediately prior to
adjustment of the number of Shares by the Exercise Price in effect prior to
adjustment of the Exercise Price and (ii) dividing the product so obtained by
the Exercise Price in effect immediately after such adjustment of the Exercise
Price.

6.   Further Covenants of the Company.
     --------------------------------

     (a)  Title to Stock.  All shares of Common Stock delivered upon the
          --------------
exercise of the Warrants shall be validly issued, fully paid and nonassessable;
the Warrant holder shall, upon such delivery, receive good and marketable title
to the Shares, free and clear of all voting and other trust arrangements, liens,
encumbrances, equities and claims whatsoever; and the Company shall have paid
all taxes, if any, in respect of the issuance thereof.

     (b)  Replacement of Warrants.  Upon receipt of evidence reasonably
          -----------------------
satisfactory to the Company of the loss, theft, destruction or mutilation of any
Warrant and, in the case of any such loss, theft or destruction, upon delivery
of an indemnity agreement reasonably satisfactory in form and amount to the
Company or, in the case of any such mutilation, upon surrender and cancellation
of such Warrant, the Company, at the expense of the Warrant holder, will execute
and deliver, in lieu thereof, a new Warrant of like tenor.

     (c)  Fractional Shares.  No fractional Shares are to be issued upon the
          -----------------
exercise of any Warrant, but the Company shall pay a cash adjustment in respect
of any fraction of a share which would otherwise be issuable in an amount as
determined by the Board of Directors.

7.   Other Warrant Holders: Holders of Shares.
     ----------------------------------------

     The Warrants are issued upon the following terms, to all of which the
Warrant holder by the taking thereof consents and agrees: (a) any person who
shall become a transferee, within the

                                    Page 6
<PAGE>

limitations on transfer imposed by Section 2(a) hereof, of a Warrant properly
endorsed shall take such Warrant subject to the provisions of Section 2(a)
hereof and thereupon shall be authorized to represent himself as absolute owner
thereof and, subject to the restrictions contained in this Warrant Agreement,
shall be empowered to transfer absolute title by endorsement and delivery
thereof to a permitted bona fide purchaser for value; (b) any person who shall
become a holder or owner of Shares shall take such shares subject to the
provisions of Section 2(b) hereof; (c) each prior taker or owner waives and
renounces all of his equities or rights in such Warrant in favor of each such
permitted bona fide purchaser, and each such permitted bona fide purchaser shall
acquire absolute title thereto and to all rights presented thereby; and (d)
until such time as the respective Warrant is transferred on the books of the
Company, the Company may treat the registered holder thereof as the absolute
owner thereof for all purposes, notwithstanding any notice to the contrary.

8.   Miscellaneous.
     -------------

     All notices, certificates and other communications from or at the request
of the Company to the Warrant holder shall be mailed by first class, registered
or certified mail, postage prepaid, to such address as may have been furnished
to the Company in writing by such Warrant holder, or, until an address is so
furnished, to the address of the last holder of such Warrant who has so
furnished an address to the Company, except as otherwise provided herein.  This
Warrant Agreement and any of the terms hereof may be changed, waived, discharged
or terminated only by an instrument in writing signed by the party against which
enforcement of such change, waiver, discharge or termination is sought.  This
Warrant Agreement shall be construed and enforced in accordance with and
governed by the laws of the State of Texas.  The headings in this Warrant
Agreement are for purposes of reference only and shall not limit or otherwise
affect any of the terms hereof.  This Warrant Agreement, together with the forms
of instruments annexed hereto as exhibits, constitutes the full and complete
agreement of the parties hereto with respect to the subject matter hereof.

     IN WITNESS WHEREOF, the Company has caused this Warrant Agreement to be
executed on this the 16th day of August, 1999, in Houston, Texas, by its proper
corporate officers, thereunto duly authorized.

                              EBASEONE CORPORATION

                              By: /s/  John Frazier Overstoltz
                                  -------------------------------------------
                                  John Frazier Overstoltz
                                  Director and Executive Officer

The above Warrant Agreement is confirmed
as of the date set forth above.

/s/ Charles Skamser
--------------------------------
Charles Skamser

                                    Page 7
<PAGE>

                                                                       Exhibit 1
                                    WARRANT

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER: (A) THE SECURITIES ACT OF 1933,
AS AMENDED, IN RELIANCE UPON THE EXEMPTIONS FROM REGISTRATION PROVIDED IN
SECTIONS 3 AND 4 OF SUCH ACT AND REGULATION D PROMULGATED THEREUNDER; OR (B) ANY
STATE SECURITIES LAWS IN RELIANCE UPON APPLICABLE EXEMPTIONS THEREUNDER.  THESE
WARRANTS MUST BE ACQUIRED FOR INVESTMENT ONLY FOR THE ACCOUNT OF THE INVESTOR,
AND NEITHER THE WARRANTS NOR THE UNDERLYING STOCK MAY BE TRANSFERRED OR
EXERCISED EXCEPT IN COMPLIANCE WITH ALL APPLICABLE SECURITIES AND OTHER LAWS.

                                                                     To Purchase
                                                             1,000,000 Shares of
                                                                    Common Stock

                             EBASEONE CORPORATION
                    Incorporated Under the Laws of Delaware

     This certifies that, for value received, the hereafter named registered
owner is entitled, subject to the terms and conditions of this Warrant, until
the expiration date, to purchase the number of shares set forth above of the
common stock (the "Common Stock"), of ebaseOne Corporation (the "Corporation")
from the Corporation at the purchase price per share hereafter set forth, on
delivery of this Warrant to the Corporation with the exercise form duly executed
and payment of the purchase price (in cash or by certified or bank cashier's
check payable to the order of the Corporation) for each share purchased.  This
Warrant is subject to the terms of the Warrant Agreement between the parties
thereto dated as of August 16, 1999, the terms of which are hereby incorporated
herein.  Reference is hereby made to such Warrant Agreement for a further
statement of the rights of the holder of this Warrant.

Registered Owner: Charles Skamser                          Date: August 16, 1999

Exercise Price
  Per Share:        $2.00

Expiration Date:    See Section 3 of the Warrant Agreement

     WITNESS the signature of the Corporation's authorized officer:

                                   EBASEONE CORPORATION

                                   By /s/  John Frazier Overstoltz
                                      ------------------------------------------
                                      John Frazier Overstoltz
                                      Director and Executive Officer
<PAGE>

                             EBASEONE CORPORATION

                               WARRANT AGREEMENT
                               -----------------

                                                           Date: August 16, 1999

Mr. Charles Skamser:

     ebaseOne Corporation ("Company"), for value received, hereby agrees to
issue a stock purchase warrant entitling Charles Skamser ("Skamser" or "Warrant
holder") to purchase 1,000,000 shares of the Company's common stock ("Common
Stock").  Such warrant is evidenced by the warrant certificate in the form
attached hereto as Exhibit 1 (the instrument being hereinafter referred to as a
                   ---------
"Warrant,"and each Warrant and all instruments hereafter issued in replacement,
substitution, combination or subdivision thereof being hereinafter collectively
referred to as the "Warrants").  The number of shares of Common Stock
purchasable upon exercise of the Warrants is subject to adjustment as provided
in Section 5 below.  The Warrants will be exercisable by Skamser as to all or
any lesser number of shares of Common Stock covered thereby, at an Exercise
Price of $2.50 per share, subject to adjustment as provided in Section 5 below,
for the exercise period defined in Section 3(a) below.

1.   Representations and Warranties.
     ------------------------------

     The Company represents and warrants to the Warrant holder as follows:

     (a)  Corporate and Other Action.  The Company has all requisite power and
          --------------------------
authority (corporate and other), and has taken all necessary corporate action,
to authorize, execute, deliver and perform this Warrant Agreement, to execute,
issue, sell and deliver the Warrants and a certificate or certificates
evidencing the Warrants, to authorize and reserve for issue and, upon payment
from time to time of the Exercise Price, to issue, sell and deliver, the shares
of the Common Stock issuable upon exercise of the Warrants ("Shares"), and to
perform all of its obligations under this Warrant Agreement and the Warrants.
The Shares, when issued in accordance with this Agreement, will be duly
authorized and validly issued and outstanding, fully paid and nonassessable and
free of all liens, claims, encumbrances and preemptive rights.  This Warrant
Agreement and, when issued, the Warrant issued pursuant hereto, has been or will
be duly executed and delivered by the Company and is or will be a legal, valid
and binding agreement of the Company, enforceable in accordance with its terms.
No authorization, approval, consent or other order of any governmental entity,
regulatory authority or other third party is required for such authorization,
execution, delivery, performance, issue or sale.

     (b)  No Violation.  The execution and delivery of this Warrant Agreement,
          ------------
the consummation of the transactions herein contemplated and the compliance with
the terms and provisions of this Warrant Agreement and of the Warrants will not
conflict with, or result in a breach of, or constitute a default or an event
permitting acceleration under, any statute, the Certificate of Incorporation or
Bylaws of the Company or any indenture, mortgage, deed of trust, note, bank
loan, credit agreement, franchise, license, lease, permit, or any other
agreement, understanding, instrument,

                                    Page 1
<PAGE>

judgment, decree, order, statute, rule or regulation to which the Company is a
party or by which it is bound.

2.   Transfer.
     --------

     (a)  Transferability of Warrants. The Warrant holder agrees that the
          ---------------------------
Warrants are being acquired as an investment and not with a view to distribution
thereof and that the Warrants may not be transferred, sold, assigned or
hypothecated except as provided herein.  The Warrant holder further acknowledges
that the Warrants may not be transferred, sold, assigned or hypothecated unless
pursuant to a registration statement that has become effective under the
Securities Act of 1933, as amended ("Act"), setting forth the terms of such
offering and other pertinent data with respect thereto, or unless the Warrant
holder has provided the Company with an acceptable opinion from acceptable
counsel that such registration is not required.  Certificates representing the
Warrants shall bear an appropriate legend.

     (b)  Registration of Shares.  The Warrant holder agrees not to make any
          ----------------------
sale or other disposition of the Shares except pursuant to a registration
statement which has become effective under the Act, setting forth the terms of
such offering, the underwriting discount and commissions and any other pertinent
data with respect thereto, unless he has provided the Company with an acceptable
opinion of counsel acceptable to the Company that such registration is not
required. Certificates representing the Shares, which are not registered as
provided in Section 2, shall bear an appropriate legend and be subject to a
"stop-transfer"order.

     (c)  No Registration Rights.  The Warrant holder acknowledges that the
          ----------------------
Company has not granted, and does not intend to grant, the Warrant holder any
registration rights with respect to the Warrants or to the Shares underlying the
Warrants.

3.   Exercise of Warrants, Partial Exercise.
     --------------------------------------

     (a)  Exercise Period.  The Shares underlying the Warrants are exercisable
          ---------------
upon the earlier of the vesting contingencies as set forth below and expire
August 11, 2006.  The Shares underlying the Warrants shall vest, and the
Warrants shall become exercisable with respect to such Shares at any time upon
the earlier of the following to occur: (i) the date on which the last sales
price of the Company's common stock as reported by the Nasdaq Stock Market, or
if not reported on the Nasdaq Stock Market, a stock exchange, or the over-the-
counter market, exceeds $5.00 per share for at least 30 consecutive trading
days, or (ii) if the Company obtains net revenues of $12,000,000 for the 12
months ending December 31, 2000, as determined by the Company's independent
auditors, or (iii) if the Company obtains net revenues of $50,000,000 for the 12
months ending December 31, 2001, as determined by the Company's independent
auditors.  In the event the Company is a reporting company pursuant to the
Securities Exchange Act of 1934, as amended, ("1934 Act") then determination of
whether the Company has met items (ii) or (iii) shall be made upon the filing of
the Company's 12 month financial statements with the Securities and Exchange
Commission.  If the Company is not reporting pursuant to the 1934 Act, the
determination shall be made within 45 days of December 31.

                                    Page 2
<PAGE>

     In the event Skamser ceases to be an employee of the Company, for any
reason, all unvested Shares underlying the Warrants shall immediately be
canceled, and the Warrants will entitle Skamser to purchase only those Shares
that have vested prior to the date he ceased to be employed by the Company

     In the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable. A change
of control shall mean and include the following transactions or situations:

          (i)    A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another. For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity (including a "group" as
referred to in Section 13(d)(3) of the 1934 Act). For purposes of this
definition, the term "Unrelated Person" shall mean and include any Person other
than the Company, a wholly-owned subsidiary of the Company, or an employee
benefit plan of the Company; provided however, a sale to underwriters in
connection with a public offering of the Company's securities pursuant to a firm
commitment shall not be a Change of Control.

          (ii)   A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          (iii)  A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities. For purposes of this definition, the term "Beneficial
Owner" shall have the same meaning as given to that term in Rule 13d-3
promulgated under the 1934 Act, provided that any pledgee of voting securities
is not deemed to be the Beneficial Owner thereof prior to its acquisition of
voting rights with respect to such securities.

          (iv)   Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          (v)    During any period of two years, individuals who, at the
beginning of such period, constituted the Board of Directors of the Company
cease, for any reason, to constitute at least a majority thereof, unless the
election or nomination for election of each new director was approved by the
vote of at least two-thirds of the directors then still in office who were
directors at the beginning of such period.

                                    Page 3
<PAGE>

          (vi)   A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     (b)  Exercise in Full.  Subject to Section 3(a), Warrants may be exercised
          ----------------
in full by the Warrant holder by surrender of the Warrants, with the form of
subscription at the end thereof duly executed by such Warrant holder, to the
Company at its principal office in Houston, Texas, Attention: John Frazier
Overstoltz, accompanied by payment as determined by 3(d) below, in the amount
obtained by multiplying the number of shares of the Common Stock represented by
the respective Warrant or Warrants by the Exercise Price per share (after giving
effect to any adjustments as provided in Section 5 below).

     (c)  Partial Exercise.  Subject to Section 3(a), the Warrant may be
          ----------------
exercised in part by the Warrant holder by surrender of the Warrant, with the
form of subscription at the end thereof duly executed by the Warrant holder, in
the manner and at the place provided in Section 3(b) above, accompanied by
payment as determined by 3(d) below, in amount obtained by multiplying the
number of shares of the Common Stock designated by the Warrant holder in the
form of subscription attached to the Warrant by the Exercise Price per share
(after giving effect to any adjustments as provided in Section 5 below).  Upon
any such partial exercise, the Company at its expense will forthwith issue and
deliver to or upon the order of the Warrant holder a new Warrant of like tenor,
in the name of the Warrant holder subject to Section 2(a), calling in the
aggregate for the purchase of the number of shares of the Common Stock equal to
the number of such shares called for on the face of the respective Warrant
(after giving effect to any adjustment herein as provided in Section 5 below)
minus the number of such shares designated by the Warrant holder in the
aforementioned form of subscription.

     (d)  Payment of Exercise Price.  Payment of the Exercise Price may be made
          -------------------------
by any of the following, or a combination thereof, at the election of Holder:

          (i)   cash, certified check or cashier's check or wire transfer; or

          (ii)  surrender of the Warrants at the principal office of the Company
together with notice of election, in which event the Company shall issue Holder
a number of shares of Common Stock computed using the following formula:

                         X = Y (A-B)/A

     where:     X = the number of shares of Common Stock to be issued to Holder
                (not to exceed the number of shares set forth on the cover page
                of this Warrant Agreement, as adjusted pursuant to the
                provisions of Section 5 of this Warrant Agreement).

                Y = the number of shares of Common Stock for which the Warrant
                is being exercised.

                                    Page 4
<PAGE>

                A = the Market Price of one share of Common Stock (for purposes
                of this Section 2(d), the "Market Price" shall be defined as the
                closing price of the Common Stock on the business day
                immediately prior to the Date of Exercise of this Warrant (the
                "Closing Bid Price"), as reported by Nasdaq, or if the Common
                Stock is not traded on Nasdaq, the Closing Bid Price in the
                over-the-counter market; provided, however, that if the Common
                Stock is listed on a stock exchange, the Market Price shall be
                the Closing Bid Price on such exchange; and, provided further,
                that if the Common Stock is not quoted or listed by any
                organization, the fair value of the Common Stock, as determined
                by the board of directors of the Company, whose determination
                shall be conclusive, shall be used).

                B = the Exercise Price of $2.50.

4.   Delivery of Stock Certificates on Exercise.
     ------------------------------------------

     Any exercise of the Warrants pursuant to Section 3 shall be deemed to have
been effected immediately prior to the close of business on the date on which
the Warrants together with the subscription form and the payment for the
aggregate Exercise Price shall have been received by the Company.  At such time,
the person or persons in whose name or names any certificate or certificates
representing the Shares or Other Securities (as defined below) shall be issuable
upon such exercise shall be deemed to have become the holder or holders of
record of the Shares or Other Securities so purchased.  As soon as practicable
after the exercise of any Warrant in full or in part, and in any event within 10
business days thereafter, the Company at its expense (including the payment by
it of any applicable issue taxes) will cause to be issued in the name of, and
delivered to the purchasing Warrant holder, a certificate or certificates
representing the number of fully paid and nonassessable shares of Common Stock
or Other Securities to which such the Warrant holder shall be entitled upon such
exercise, plus in lieu of any fractional share to which such Warrant holder
would otherwise be entitled, cash in an amount determined pursuant to Section
6(c).  The term "Other Securities" refers to any stock (other than Common
Stock), other securities or assets (including cash) of the Company or any other
person (corporate or otherwise) which the holders of the Warrants at any time
shall be entitled to receive, or shall have received, upon the exercise of the
Warrants, in lieu of or in addition to Common Stock, or which at any time shall
be issuable or shall have been issued in exchange for or in replacement of
Common Stock or Other Securities pursuant to Section 5 below or otherwise.

5.   Adjustment of Exercise Price and Number of Shares Purchasable.
     -------------------------------------------------------------

     The Exercise Price and the number of Shares are subject to adjustment from
time to time as set forth in this Section 5.

     (a)  In case the Company shall at any time after the date of this Agreement
(i) declare a dividend on the Common Stock in shares of its capital stock, (ii)
subdivide the outstanding Shares, (iii) combine the outstanding Common Stock
into a smaller number of Common Stock, or (iv) issue any shares of its capital
stock by reclassification of the Common Stock (including any such
reclassification in connection with a consolidation or merger in which the
Company is the continuing corporation), then in each case the Exercise Price,
and the number and kind of Shares receivable upon

                                    Page 5
<PAGE>

exercise, in effect at the time of the record date for such dividend or of the
effective date of such subdivision, combination, or reclassification shall be
proportionately adjusted so that any Warrants the Warrant holder has exercised
after such time shall be entitled to receive the aggregate number and kind of
Shares which, if such Warrant had been exercised immediately prior to such
record date, he would have owned upon such exercise and been entitled to receive
by virtue of such dividend, subdivision, combination, or reclassification. Such
adjustment shall be made successively whenever any event listed above shall
occur.

     (b)  No adjustment in the Exercise Price shall be required if such
adjustment is less than $.05; provided, however, that any adjustments which by
reason of this subsection (b) are not required to be made shall be carried
forward and taken into account in any subsequent adjustment.  All calculations
under this Section 5 shall be made to the nearest cent or to the nearest one-
thousandth of a share, as the case may be.

     (c)  Upon each adjustment of the Exercise Price as a result of the
calculations made in subsection (a) of this Section 5, the Warrant outstanding
prior to the making of the adjustment in the Exercise Price shall thereafter
evidence the right to purchase, at the adjusted Exercise Price, that number of
Shares (calculated to the nearest thousandth) obtained by (i) multiplying the
number of Shares purchasable upon exercise of a Warrant immediately prior to
adjustment of the number of Shares by the Exercise Price in effect prior to
adjustment of the Exercise Price and (ii) dividing the product so obtained by
the Exercise Price in effect immediately after such adjustment of the Exercise
Price.

6.   Further Covenants of the Company.
     --------------------------------

     (a)  Title to Stock.  All shares of Common Stock delivered upon the
          --------------
exercise of the Warrants shall be validly issued, fully paid and nonassessable;
the Warrant holder shall, upon such delivery, receive good and marketable title
to the Shares, free and clear of all voting and other trust arrangements, liens,
encumbrances, equities and claims whatsoever; and the Company shall have paid
all taxes, if any, in respect of the issuance thereof.

     (b)  Replacement of Warrants.  Upon receipt of evidence reasonably
          -----------------------
satisfactory to the Company of the loss, theft, destruction or mutilation of any
Warrant and, in the case of any such loss, theft or destruction, upon delivery
of an indemnity agreement reasonably satisfactory in form and amount to the
Company or, in the case of any such mutilation, upon surrender and cancellation
of such Warrant, the Company, at the expense of the Warrant holder, will execute
and deliver, in lieu thereof, a new Warrant of like tenor.

     (c)  Fractional Shares.  No fractional Shares are to be issued upon the
          -----------------
exercise of any Warrant, but the Company shall pay a cash adjustment in respect
of any fraction of a share which would otherwise be issuable in an amount as
determined by the Board of Directors.

7.   Other Warrant Holders: Holders of Shares.
     ----------------------------------------

     The Warrants are issued upon the following terms, to all of which the
Warrant holder by the taking thereof consents and agrees: (a) any person who
shall become a transferee, within the

                                    Page 6
<PAGE>

limitations on transfer imposed by Section 2(a) hereof, of a Warrant properly
endorsed shall take such Warrant subject to the provisions of Section 2(a)
hereof and thereupon shall be authorized to represent himself as absolute owner
thereof and, subject to the restrictions contained in this Warrant Agreement,
shall be empowered to transfer absolute title by endorsement and delivery
thereof to a permitted bona fide purchaser for value; (b) any person who shall
become a holder or owner of Shares shall take such shares subject to the
provisions of Section 2(b) hereof; (c) each prior taker or owner waives and
renounces all of his equities or rights in such Warrant in favor of each such
permitted bona fide purchaser, and each such permitted bona fide purchaser shall
acquire absolute title thereto and to all rights presented thereby; and (d)
until such time as the respective Warrant is transferred on the books of the
Company, the Company may treat the registered holder thereof as the absolute
owner thereof for all purposes, notwithstanding any notice to the contrary.

8.   Miscellaneous.
     -------------

     All notices, certificates and other communications from or at the request
of the Company to the Warrant holder shall be mailed by first class, registered
or certified mail, postage prepaid, to such address as may have been furnished
to the Company in writing by such Warrant holder, or, until an address is so
furnished, to the address of the last holder of such Warrant who has so
furnished an address to the Company, except as otherwise provided herein.  This
Warrant Agreement and any of the terms hereof may be changed, waived, discharged
or terminated only by an instrument in writing signed by the party against which
enforcement of such change, waiver, discharge or termination is sought.  This
Warrant Agreement shall be construed and enforced in accordance with and
governed by the laws of the State of Texas.  The headings in this Warrant
Agreement are for purposes of reference only and shall not limit or otherwise
affect any of the terms hereof.  This Warrant Agreement, together with the forms
of instruments annexed hereto as exhibits, constitutes the full and complete
agreement of the parties hereto with respect to the subject matter hereof.

     IN WITNESS WHEREOF, the Company has caused this Warrant Agreement to be
executed on this the 16th day of August, 1999, in Houston, Texas, by its proper
corporate officers, thereunto duly authorized.

                              EBASEONE CORPORATION

                              By: /s/ John Frazier Overstoltz
                                  -------------------------------------------
                                   John Frazier Overstoltz
                                   Director and Executive Officer

The above Warrant Agreement is confirmed
as of the date set forth above.

/s/ Charles Skamser
-----------------------------------
Charles Skamser

                                    Page 7
<PAGE>

                                                                       Exhibit 1

                                    WARRANT

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER: (A) THE SECURITIES ACT OF 1933,
AS AMENDED, IN RELIANCE UPON THE EXEMPTIONS FROM REGISTRATION PROVIDED IN
SECTIONS 3 AND 4 OF SUCH ACT AND REGULATION D PROMULGATED THEREUNDER; OR (B) ANY
STATE SECURITIES LAWS IN RELIANCE UPON APPLICABLE EXEMPTIONS THEREUNDER.  THESE
WARRANTS MUST BE ACQUIRED FOR INVESTMENT ONLY FOR THE ACCOUNT OF THE INVESTOR,
AND NEITHER THE WARRANTS NOR THE UNDERLYING STOCK MAY BE TRANSFERRED OR
EXERCISED EXCEPT IN COMPLIANCE WITH ALL APPLICABLE SECURITIES AND OTHER LAWS.

                                                                     To Purchase
                                                             1,000,000 Shares of
                                                                    Common Stock

                              EBASEONE CORPORATION
                    Incorporated Under the Laws of Delaware

     This certifies that, for value received, the hereafter named registered
owner is entitled, subject to the terms and conditions of this Warrant, until
the expiration date, to purchase the number of shares set forth above of the
common stock (the "Common Stock"), of ebaseOne Corporation (the "Corporation")
from the Corporation at the purchase price per share hereafter set forth, on
delivery of this Warrant to the Corporation with the exercise form duly executed
and payment of the purchase price (in cash or by certified or bank cashier's
check payable to the order of the Corporation) for each share purchased.  This
Warrant is subject to the terms of the Warrant Agreement between the parties
thereto dated as of August 16, 1999, the terms of which are hereby incorporated
herein.  Reference is hereby made to such Warrant Agreement for a further
statement of the rights of the holder of this Warrant.

Registered Owner: Charles Skamser                          Date: August 16, 1999

Exercise Price
  Per Share:        $2.50

Expiration Date:    See Section 3 of the Warrant Agreement

     WITNESS the signature of the Corporation's authorized officer:

                              EBASEONE CORPORATION

                              By /s/ John Frazier Overstoltz
                                 -------------------------------------------
                                  John Frazier Overstoltz
                                  Director and Executive Officer
<PAGE>

                             EBASEONE CORPORATION

                               WARRANT AGREEMENT
                               -----------------

                                                           Date: August 16, 1999

Mr. Charles Skamser:

     ebaseOne Corporation ("Company"), for value received, hereby agrees to
issue a stock purchase warrant entitling Charles Skamser ("Skamser" or "Warrant
holder") to purchase 1,000,000 shares of the Company's common stock ("Common
Stock").  Such warrant is evidenced by the warrant certificate in the form
attached hereto as Exhibit 1 (the instrument being hereinafter referred to as a
                   ---------
"Warrant,"and each Warrant and all instruments hereafter issued in replacement,
substitution, combination or subdivision thereof being hereinafter collectively
referred to as the "Warrants").  The number of shares of Common Stock
purchasable upon exercise of the Warrants is subject to adjustment as provided
in Section 5 below.  The Warrants will be exercisable by Skamser as to all or
any lesser number of shares of Common Stock covered thereby, at an Exercise
Price of $3.00 per share, subject to adjustment as provided in Section 5 below,
for the exercise period defined in Section 3(a) below.

1.   Representations and Warranties.
     ------------------------------

     The Company represents and warrants to the Warrant holder as follows:

     (a)  Corporate and Other Action.  The Company has all requisite power and
          --------------------------
authority (corporate and other), and has taken all necessary corporate action,
to authorize, execute, deliver and perform this Warrant Agreement, to execute,
issue, sell and deliver the Warrants and a certificate or certificates
evidencing the Warrants, to authorize and reserve for issue and, upon payment
from time to time of the Exercise Price, to issue, sell and deliver, the shares
of the Common Stock issuable upon exercise of the Warrants ("Shares"), and to
perform all of its obligations under this Warrant Agreement and the Warrants.
The Shares, when issued in accordance with this Agreement, will be duly
authorized and validly issued and outstanding, fully paid and nonassessable and
free of all liens, claims, encumbrances and preemptive rights.  This Warrant
Agreement and, when issued, the Warrant issued pursuant hereto, has been or will
be duly executed and delivered by the Company and is or will be a legal, valid
and binding agreement of the Company, enforceable in accordance with its terms.
No authorization, approval, consent or other order of any governmental entity,
regulatory authority or other third party is required for such authorization,
execution, delivery, performance, issue or sale.

     (b)  No Violation.  The execution and delivery of this Warrant Agreement,
          ------------
the consummation of the transactions herein contemplated and the compliance with
the terms and provisions of this Warrant Agreement and of the Warrants will not
conflict with, or result in a breach of, or constitute a default or an event
permitting acceleration under, any statute, the Certificate of Incorporation or
Bylaws of the Company or any indenture, mortgage, deed of trust, note, bank
loan, credit agreement, franchise, license, lease, permit, or any other
agreement, understanding, instrument,

                                    Page 1
<PAGE>

judgment, decree, order, statute, rule or regulation to which the Company is a
party or by which it is bound.

2.   Transfer.
     --------

     (a)  Transferability of Warrants. The Warrant holder agrees that the
          ---------------------------
Warrants are being acquired as an investment and not with a view to distribution
thereof and that the Warrants may not be transferred, sold, assigned or
hypothecated except as provided herein.  The Warrant holder further acknowledges
that the Warrants may not be transferred, sold, assigned or hypothecated unless
pursuant to a registration statement that has become effective under the
Securities Act of 1933, as amended ("Act"), setting forth the terms of such
offering and other pertinent data with respect thereto, or unless the Warrant
holder has provided the Company with an acceptable opinion from acceptable
counsel that such registration is not required.  Certificates representing the
Warrants shall bear an appropriate legend.

     (b)  Registration of Shares.  The Warrant holder agrees not to make any
          ----------------------
sale or other disposition of the Shares except pursuant to a registration
statement which has become effective under the Act, setting forth the terms of
such offering, the underwriting discount and commissions and any other pertinent
data with respect thereto, unless he has provided the Company with an acceptable
opinion of counsel acceptable to the Company that such registration is not
required. Certificates representing the Shares, which are not registered as
provided in Section 2, shall bear an appropriate legend and be subject to a
"stop-transfer"order.

     (c)  No Registration Rights.  The Warrant holder acknowledges that the
          ----------------------
Company has not granted, and does not intend to grant, the Warrant holder any
registration rights with respect to the Warrants or to the Shares underlying the
Warrants.

3.   Exercise of Warrants, Partial Exercise.
     --------------------------------------

     (a)  Exercise Period.  The Shares underlying the Warrants are exercisable
          ---------------
upon the earlier of the vesting contingencies as set forth below and expire
August 11, 2006.  The Shares underlying the Warrants shall vest, and the
Warrants shall become exercisable with respect to such Shares at any time upon
the earlier of the following to occur: (i) the date on which the last sales
price of the Company's common stock as reported by the Nasdaq Stock Market, or
if not reported on the Nasdaq Stock Market, a stock exchange, or the over-the-
counter market, exceeds $5.00 per share for at least 30 consecutive trading
days, or (ii) if the Company obtains net revenues of $12,000,000 for the 12
months ending December 31, 2000, as determined by the Company's independent
auditors, or (iii) if the Company obtains net revenues of $50,000,000 for the 12
months ending December 31, 2001, as determined by the Company's independent
auditors.  In the event the Company is a reporting company pursuant to the
Securities Exchange Act of 1934, as amended, ("1934 Act") then determination of
whether the Company has met items (ii) or (iii) shall be made upon the filing of
the Company's 12 month financial statements with the Securities and Exchange
Commission.  If the Company is not reporting pursuant to the 1934 Act, the
determination shall be made within 45 days of December 31.

                                    Page 2
<PAGE>

     In the event Skamser ceases to be an employee of the Company, for any
reason, all unvested Shares underlying the Warrants shall immediately be
canceled, and the Warrants will entitle Skamser to purchase only those Shares
that have vested prior to the date he ceased to be employed by the Company

     In the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable.  A change
of control shall mean and include the following transactions or  situations:

          (i)    A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another.  For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity (including a "group" as
referred to in Section 13(d)(3) of the 1934 Act).  For purposes of this
definition, the term "Unrelated Person" shall mean and include any Person other
than the Company, a wholly-owned subsidiary of the  Company, or an employee
benefit plan of the Company; provided however, a sale to underwriters in
connection with a public offering of the Company's securities pursuant to a firm
commitment shall not be a Change of Control.

          (ii)   A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          (iii)  A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities. For purposes of this definition, the term "Beneficial
Owner" shall have the same meaning as given to that term in Rule 13d-3
promulgated under the 1934 Act, provided that any pledgee of voting securities
is not deemed to be the Beneficial Owner thereof prior to its acquisition of
voting rights with respect to such securities.

          (iv)   Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          (v)    During any period of two years, individuals who, at the
beginning of such period, constituted the Board of Directors of the Company
cease, for any reason, to constitute at least a majority thereof, unless the
election or nomination for election of each new director was approved by the
vote of at least two-thirds of the directors then still in office who were
directors at the beginning of such period.

                                    Page 3
<PAGE>

          (vi)   A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     (b)  Exercise in Full.  Subject to Section 3(a), Warrants may be exercised
          ----------------
in full by the Warrant holder by surrender of the Warrants, with the form of
subscription at the end thereof duly executed by such Warrant holder, to the
Company at its principal office in Houston, Texas, Attention: John Frazier
Overstoltz, accompanied by payment as determined by 3(d) below, in the amount
obtained by multiplying the number of shares of the Common Stock represented by
the respective Warrant or Warrants by the Exercise Price per share (after giving
effect to any adjustments as provided in Section 5 below).

     (c)  Partial Exercise.  Subject to Section 3(a), the Warrant may be
          ----------------
exercised in part by the Warrant holder by surrender of the Warrant, with the
form of subscription at the end thereof duly executed by the Warrant holder, in
the manner and at the place provided in Section 3(b) above, accompanied by
payment as determined by 3(d) below, in amount obtained by multiplying the
number of shares of the Common Stock designated by the Warrant holder in the
form of subscription attached to the Warrant by the Exercise Price per share
(after giving effect to any adjustments as provided in Section 5 below).  Upon
any such partial exercise, the Company at its expense will forthwith issue and
deliver to or upon the order of the Warrant holder a new Warrant of like tenor,
in the name of the Warrant holder subject to Section 2(a), calling in the
aggregate for the purchase of the number of shares of the Common Stock equal to
the number of such shares called for on the face of the respective Warrant
(after giving effect to any adjustment herein as provided in Section 5 below)
minus the number of such shares designated by the Warrant holder in the
aforementioned form of subscription.

     (d)  Payment of Exercise Price.  Payment of the Exercise Price may be made
          -------------------------
by any of the following, or a combination thereof, at the election of Holder:

          (i)   cash, certified check or cashier's check or wire transfer; or

          (ii)  surrender of the Warrants at the principal office of the Company
together with notice of election, in which event the Company shall issue Holder
a number of shares of Common Stock computed using the following formula:

                         X = Y (A-B)/A

     where:         X = the number of shares of Common Stock to be issued to
                    Holder (not to exceed the number of shares set forth on the
                    cover page of this Warrant Agreement, as adjusted pursuant
                    to the provisions of Section 5 of this Warrant Agreement).

                    Y = the number of shares of Common Stock for which the
                    Warrant is being exercised.

                                    Page 4
<PAGE>

                    A = the Market Price of one share of Common Stock (for
                    purposes of this Section 2(d), the "Market Price" shall be
                    defined as the closing price of the Common Stock on the
                    business day immediately prior to the Date of Exercise of
                    this Warrant (the "Closing Bid Price"), as reported by
                    Nasdaq, or if the Common Stock is not traded on Nasdaq, the
                    Closing Bid Price in the over-the-counter market; provided,
                    however, that if the Common Stock is listed on a stock
                    exchange, the Market Price shall be the Closing Bid Price on
                    such exchange; and, provided further, that if the Common
                    Stock is not quoted or listed by any organization, the fair
                    value of the Common Stock, as determined by the board of
                    directors of the Company, whose determination shall be
                    conclusive, shall be used).

                    B = the Exercise Price of $3.00.

4.   Delivery of Stock Certificates on Exercise.
     ------------------------------------------

     Any exercise of the Warrants pursuant to Section 3 shall be deemed to have
been effected immediately prior to the close of business on the date on which
the Warrants together with the subscription form and the payment for the
aggregate Exercise Price shall have been received by the Company.  At such time,
the person or persons in whose name or names any certificate or certificates
representing the Shares or Other Securities (as defined below) shall be issuable
upon such exercise shall be deemed to have become the holder or holders of
record of the Shares or Other Securities so purchased.  As soon as practicable
after the exercise of any Warrant in full or in part, and in any event within 10
business days thereafter, the Company at its expense (including the payment by
it of any applicable issue taxes) will cause to be issued in the name of, and
delivered to the purchasing Warrant holder, a certificate or certificates
representing the number of fully paid and nonassessable shares of Common Stock
or Other Securities to which such the Warrant holder shall be entitled upon such
exercise, plus in lieu of any fractional share to which such Warrant holder
would otherwise be entitled, cash in an amount determined pursuant to Section
6(e).  The term "Other Securities" refers to any stock (other than Common
Stock), other securities or assets (including cash) of the Company or any other
person (corporate or otherwise) which the holders of the Warrants at any time
shall be entitled to receive, or shall have received, upon the exercise of the
Warrants, in lieu of or in addition to Common Stock, or which at any time shall
be issuable or shall have been issued in exchange for or in replacement of
Common Stock or Other Securities pursuant to Section 5 below or otherwise.

5.   Adjustment of Exercise Price and Number of Shares Purchasable.
     -------------------------------------------------------------

     The Exercise Price and the number of Shares are subject to adjustment from
time to time as set forth in this Section 5.

     (a)  In case the Company shall at any time after the date of this Agreement
(i) declare a dividend on the Common Stock in shares of its capital stock, (ii)
subdivide the outstanding Shares, (iii) combine the outstanding Common Stock
into a smaller number of Common Stock, or (iv) issue any shares of its capital
stock by reclassification of the Common Stock (including any such
reclassification in connection with a consolidation or merger in which the
Company is the continuing corporation), then in each case the Exercise Price,
and the number and kind of Shares receivable upon

                                    Page 5
<PAGE>

exercise, in effect at the time of the record date for such dividend or of the
effective date of such subdivision, combination, or reclassification shall be
proportionately adjusted so that any Warrants the Warrant holder has exercised
after such time shall be entitled to receive the aggregate number and kind of
Shares which, if such Warrant had been exercised immediately prior to such
record date, he would have owned upon such exercise and been entitled to receive
by virtue of such dividend, subdivision, combination, or reclassification. Such
adjustment shall be made successively whenever any event listed above shall
occur.

     (b)  No adjustment in the Exercise Price shall be required if such
adjustment is less than $.05; provided, however, that any adjustments which by
reason of this subsection (b) are not required to be made shall be carried
forward and taken into account in any subsequent adjustment.  All calculations
under this Section 5 shall be made to the nearest cent or to the nearest one-
thousandth of a share, as the case may be.

     (c)  Upon each adjustment of the Exercise Price as a result of the
calculations made in subsection (a) of this Section 5, the Warrant outstanding
prior to the making of the adjustment in the Exercise Price shall thereafter
evidence the right to purchase, at the adjusted Exercise Price, that number of
Shares (calculated to the nearest thousandth) obtained by (i) multiplying the
number of Shares purchasable upon exercise of a Warrant immediately prior to
adjustment of the number of Shares by the Exercise Price in effect prior to
adjustment of the Exercise Price and (ii) dividing the product so obtained by
the Exercise Price in effect immediately after such adjustment of the Exercise
Price.

6.   Further Covenants of the Company.
     --------------------------------

     (a)  Title to Stock.  All shares of Common Stock delivered upon the
          --------------
exercise of the Warrants shall be validly issued, fully paid and nonassessable;
the Warrant holder shall, upon such delivery, receive good and marketable title
to the Shares, free and clear of all voting and other trust arrangements, liens,
encumbrances, equities and claims whatsoever; and the Company shall have paid
all taxes, if any, in respect of the issuance thereof.

     (b)  Replacement of Warrants.  Upon receipt of evidence reasonably
          -----------------------
satisfactory to the Company of the loss, theft, destruction or mutilation of any
Warrant and, in the case of any such loss, theft or destruction, upon delivery
of an indemnity agreement reasonably satisfactory in form and amount to the
Company or, in the case of any such mutilation, upon surrender and cancellation
of such Warrant, the Company, at the expense of the Warrant holder, will execute
and deliver, in lieu thereof, a new Warrant of like tenor.

     (c)  Fractional Shares.  No fractional Shares are to be issued upon the
          -----------------
exercise of any Warrant, but the Company shall pay a cash adjustment in respect
of any fraction of a share which would otherwise be issuable in an amount as
determined by the Board of Directors.

7.   Other Warrant Holders: Holders of Shares.
     ----------------------------------------

     The Warrants are issued upon the following terms, to all of which the
Warrant holder by the taking thereof consents and agrees: (a) any person who
shall become a transferee, within the

                                    Page 6
<PAGE>

limitations on transfer imposed by Section 2(a) hereof, of a Warrant properly
endorsed shall take such Warrant subject to the provisions of Section 2(a)
hereof and thereupon shall be authorized to represent himself as absolute owner
thereof and, subject to the restrictions contained in this Warrant Agreement,
shall be empowered to transfer absolute title by endorsement and delivery
thereof to a permitted bona fide purchaser for value; (b) any person who shall
become a holder or owner of Shares shall take such shares subject to the
provisions of Section 2(b) hereof; (c) each prior taker or owner waives and
renounces all of his equities or rights in such Warrant in favor of each such
permitted bona fide purchaser, and each such permitted bona fide purchaser shall
acquire absolute title thereto and to all rights presented thereby; and (d)
until such time as the respective Warrant is transferred on the books of the
Company, the Company may treat the registered holder thereof as the absolute
owner thereof for all purposes, notwithstanding any notice to the contrary.

8.   Miscellaneous.
     -------------

     All notices, certificates and other communications from or at the request
of the Company to the Warrant holder shall be mailed by first class, registered
or certified mail, postage prepaid, to such address as may have been furnished
to the Company in writing by such Warrant holder, or, until an address is so
furnished, to the address of the last holder of such Warrant who has so
furnished an address to the Company, except as otherwise provided herein.  This
Warrant Agreement and any of the terms hereof may be changed, waived, discharged
or terminated only by an instrument in writing signed by the party against which
enforcement of such change, waiver, discharge or termination is sought.  This
Warrant Agreement shall be construed and enforced in accordance with and
governed by the laws of the State of Texas.  The headings in this Warrant
Agreement are for purposes of reference only and shall not limit or otherwise
affect any of the terms hereof.  This Warrant Agreement, together with the forms
of instruments annexed hereto as exhibits, constitutes the full and complete
agreement of the parties hereto with respect to the subject matter hereof.

     IN WITNESS WHEREOF, the Company has caused this Warrant Agreement to be
executed on this the 16th day of August, 1999, in Houston, Texas, by its proper
corporate officers, thereunto duly authorized.

                              EBASEONE CORPORATION

                              By: /s/ John Frazier Overstoltz
                                  -------------------------------------------
                                  John Frazier Overstoltz
                                  Director and Executive Officer

The above Warrant Agreement is confirmed
as of the date set forth above.

/s/ Charles Skamser
-------------------------------------
Charles Skamser

                                    Page 7
<PAGE>

                                                                       Exhibit 1

                                    WARRANT

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER: (A) THE SECURITIES ACT OF 1933,
AS AMENDED, IN RELIANCE UPON THE EXEMPTIONS FROM REGISTRATION PROVIDED IN
SECTIONS 3 AND 4 OF SUCH ACT AND REGULATION D PROMULGATED THEREUNDER; OR (B) ANY
STATE SECURITIES LAWS IN RELIANCE UPON APPLICABLE EXEMPTIONS THEREUNDER.  THESE
WARRANTS MUST BE ACQUIRED FOR INVESTMENT ONLY FOR THE ACCOUNT OF THE INVESTOR,
AND NEITHER THE WARRANTS NOR THE UNDERLYING STOCK MAY BE TRANSFERRED OR
EXERCISED EXCEPT IN COMPLIANCE WITH ALL APPLICABLE SECURITIES AND OTHER LAWS.

Warrant No. ____                                                     To Purchase
                                                             1,000,000 Shares of
                                                                    Common Stock

                              EBASEONE CORPORATION
                    Incorporated Under the Laws of Delaware

     This certifies that, for value received, the hereafter named registered
owner is entitled, subject to the terms and conditions of this Warrant, until
the expiration date, to purchase the number of shares set forth above of the
common stock (the "Common Stock"), of ebaseOne Corporation (the "Corporation")
from the Corporation at the purchase price per share hereafter set forth, on
delivery of this Warrant to the Corporation with the exercise form duly executed
and payment of the purchase price (in cash or by certified or bank cashier's
check payable to the order of the Corporation) for each share purchased.  This
Warrant is subject to the terms of the Warrant Agreement between the parties
thereto dated as of August 16, 1999, the terms of which are hereby incorporated
herein.  Reference is hereby made to such Warrant Agreement for a further
statement of the rights of the holder of this Warrant.

Registered Owner: Charles Skamser                          Date: August 16, 1999

Exercise Price
  Per Share:        $3.00

Expiration Date:    See Section 3 of the Warrant Agreement

     WITNESS the signature of the Corporation's authorized officer:

                              EBASEONE CORPORATION

                              By /s/ John Frazier Overstoltz
                                 -------------------------------------------
                                 John Frazier Overstoltz
                                 Director and Executive Officer<PAGE>

                                                                    EXHIBIT 10.3
                             EMPLOYMENT AGREEMENT

     EMPLOYMENT AGREEMENT, dated this 18th day of November 1999, between
ebaseOne Corporation, a Delaware corporation, currently having its principal
place of business at 6060 Richmond Avenue, Houston, Texas 77057 (the "Company"),
and Michael A. Sooley (the "Executive") an individual currently residing in
Houston, Texas.   The Company and the Executive may be referred to collectively
as the "Parties."

     WHEREAS, the Company desires to employ Executive and Executive desires to
be employed by the Company, as Chief Technology Officer.

     WHEREAS, the Executive is willing to enter into an agreement with the
Company upon the terms and conditions herein set forth.

     NOW, THEREFORE, in consideration of the premises and covenants herein
contained, the parties hereto agree as follows:

1.  Term of Agreement.  Subject to the terms and conditions hereof, the term of
employment of the Executive under this Employment Agreement shall be for the
period commencing on the date hereof (the "Commencement Date") and terminating
on December 31, 2002, unless sooner terminated as provided in accordance with
the provisions of Section 5 hereof.  (Such term of employment is herein
sometimes called the "Employment Term.")

2.  Employment.  As of the Commencement Date, the Company hereby agrees to
employ the Executive as Chief Technology Officer of the Company, and the
Executive hereby accepts such employment and agrees to perform his duties and
responsibilities hereunder in accordance with the terms and conditions
hereinafter set forth.

3.  Duties and Responsibilities.

(a)  Duties.  Executive shall perform such duties as are usually performed by a
     Chief Technology Officer of a business similar in size and scope as the
     Company and such other reasonable additional duties as may be prescribed
     from time-to-time by the Company's board of directors which are reasonable
     and consistent with the Company's operations, taking into account
     Executive's expertise and job responsibilities.  This agreement shall
     survive any job title or responsibility change agreed to by Executive.
     Executive shall report directly to the Chief Executive Officer of the
     Company regarding implementation of all business matters. All actions of
     Executive shall be subject and subordinate to the review and approval of
     the board of directors.  No other person or group shall be given authority
     to supervise or direct Executive in the performance of his duties.  The
     board of directors shall be the final and exclusive arbiter of all policy
     decisions relative to the Company's business.

(b)  Devotion of Time.  During the term of this agreement, Executive agrees to
     devote sufficient time and attention during normal business hours to the
     business and affairs of the company to

                                       1
<PAGE>

     the extent necessary to discharge the responsibilities assigned to
     Executive and to use reasonable best efforts to perform faithfully and
     efficiently such responsibilities.

4.  Compensation and Benefits During the Employment Term:

(a)  Base Compensation.  The Executive's base compensation from the Commencement
     Date through December 31, 2000, shall be at the rate of $11,250.00 per
     month, payable in regular semi-monthly installments in accordance with the
     Company's practice for its executives, less applicable withholding for
     income and employment taxes as required by law and other deductions as to
     which the Executive shall agree.  Such base compensation shall be subject
     to increases as and when determined by the Company's board of directors in
     its sole discretion.  In addition, beginning in 2000 and continuing for the
     term of this agreement the company agrees to pay the Executive a monthly
     car allowance of $1,000 per month.

(b)  Bonus Compensation.  In addition to the Executive's base compensation,
     Executive will be entitled to a performance bonus up to 75% of base salary
     for 2000.  Performance criteria for said bonus will be determined before
     January 31, 2000 by the board of directors, as recommended by the Chief
     Executive Officer.  Bonus amounts and performance criteria for additional
     years under this agreement shall also be determined by the board of
     directors, as recommended by the Chief Executive Officer.

(c)  Warrants. The Executive will be entitled to receive five year warrants to
     purchase an aggregate 1,000,000 shares of Company common stock having the
     terms set forth in the warrant agreements attached hereto as Exhibit "A."

(d)  Expense Reimbursement.  The Executive shall be entitled to reimbursement of
     all reasonable, ordinary and necessary business related expenses incurred
     by him in the course of his duties and upon compliance with the Company's
     procedures.

(e)  Participation in Employee Benefit Plans.  Executive shall be entitled to
     participate, subject to eligibility and other terms generally established
     by the Company's board or directors, in any employee benefit plan
     [including but not limited to life insurance plans, stock option plans,
     group hospitalization, hearth, dental care (which health insurance shall
     also cover Executive's dependents) profit sharing, pension and other
     benefit plans], as may be adopted or amended by the Company from time-to-
     time.

5.   Termination. Subject to the notice and other provisions of this Section 5,
the Company shall have the right to terminate the Executive's employment with
the Company, and the Executive shall have the right to resign from such
employment, at any time and for no stated reason.

(a)  Disability.  The Company shall have the right to terminate the employment
     of the Executive under this Agreement for disability in the event Executive
     suffers an injury, illness or incapacity as defined in the Company's Long
     Term Disability Insurance Policy in effect as of the date hereof for a
     period of more than six (6) months provided that during such six month
     period the Company shall have given at least ten (10) days written notice
     of termination;

                                       2
<PAGE>

     provided further, however, that if the Executive is eligible to receive
     disability payments pursuant to a disability policy paid for by the
     Company, the Executive shall assign such benefits to the Company for all
     periods as to which he is receiving full payment under this agreement. If
     Executive is determined to be disabled, as defined within the Americans
     with Disabilities Act, the Company will make reasonable accommodations,
     including but not limited to the following: (i) job restructuring; (ii)
     modification of work schedules, (iii) job reassignments, (iv) acquisition
     of devices to help accommodate an individual with a disability; and (v) use
     of interpreters or other support personnel for an individual with a
     disability.

(b)  Death.  This agreement shall terminate upon the death of Executive.

(c)  With Cause. The Company may terminate this agreement effective upon
     delivery of written notice to Executive given at any time (without any
     necessity for prior notice) if any of the following shall occur:

     (1)  any material breach of Executive's obligations of this Agreement, not
          cured after ten (10) days notice from the board of directors;

     (2)  Executive's gross negligence in the performance of his duties
          hereunder;

     (3)  any material acts or events which may inhibit Executive from fully
          performing his or her responsibilities to the Company in good faith,
          and upon which the board of directors in the exercise of its
          reasonable judgment, determines that the Executive has committed any
          of the following: (w) a felony criminal conviction; (x) any other
          criminal conviction involving Executive's lack of honesty or moral
          turpitude; (y) drug or alcohol abuse; or (z) acts of dishonesty, gross
          carelessness or gross misconduct.

     In the event Executive's employment with the Company is terminated pursuant
to items 5(a), (b) or (c), Executive or his beneficiary shall be entitled to
receive all base compensation earned by Executive up to the date of termination,
all unreimbursed expenses, and any bonus earned in respect of a prior year and
not yet paid.  For a termination by the Company without good cause, Executive
shall be entitled to receive the greater of (i) the remaining base salary at the
then base salary rate for the remainder of the Employment Term or (ii) the base
salary rate for the period of six months, and all unreimbursed expenses, any
bonus earned in respect of a prior year and not yet paid, and the pro rata
portion of any bonus for the current year.

6.   Revealing of Trade Secrets, etc.  Executive acknowledges the interest of
the Company in maintaining the confidentiality of information related to its
business and shall not at any time during the Employment Term or thereafter,
directly or indirectly, reveal or cause to be revealed to any person or entity
the supplier lists, customer lists or other confidential business information of
the Company; provided, however, that the parties acknowledge that it is not the
intention of this paragraph to include within its subject matter (a) information
not proprietary to the Company, (b) information which is then in the public
domain, or (c) information required to be disclosed by law, subject to
conditions in paragraph 8.

                                       3
<PAGE>

7.   Arbitration. If a dispute should arise regarding this agreement, all
claims, disputes, controversies, differences or other matters in question
arising out of this relationship shall be settled finally, completely and
conclusively by arbitration of a single arbitrator in Houston, Texas, in
accordance with the Commercial Arbitration Rules of the American Arbitration
Association (the "Rules").  Arbitration shall be initiated by written demand.
This agreement to arbitrate shall be specifically enforceable only in the
District Court of Harris County, Texas.  A decision of the arbitrator shall be
final, conclusive and binding on the Company and the Executive, and judgement
may be entered in the District Court of Harris County, Texas, for enforcement
and other benefits. On appointment, the arbitrator shall then proceed to decide
the arbitration subjects in accordance with the Rules.  Any arbitration held in
accordance with this paragraph shall be private and confidential and no person
shall be entitled to attend the hearings except the arbitrator, Executive,
Executive's attorneys, and an designated representatives of the Company and
their respective attorneys.  The matters submitted for arbitration, the hearings
and proceedings and the arbitration award shall be kept and maintained in
strictest confidence by Executive and the Company and shall not be discussed,
disclosed or communicated to any persons.  On request of any party, the record
of the proceeding shall be sealed and may not be disclosed except insofar, and
only insofar, as may be necessary to enforce the award of the arbitrator and any
judgement enforcing an award.  The prevailing party shall be entitled to recover
reasonable and necessary attorneys' fees and costs from the non-prevailing
party.

8.   Confidentiality.  In the course of the performance of Executive's duties
hereunder, Executive recognizes and acknowledges that Executive may have access
to certain confidential and proprietary information of Employer or any of its
affiliates.  Without the prior written consent of Employer, Executive shall not
disclose any such confidential or proprietary information to any person or firm,
corporation, association, or other entity for any reason or purpose whatsoever,
and shall not use such information, directly or indirectly, for Executive's own
behalf or on behalf of any other party.  Executive agrees and affirms that all
such information is the sole property of Employer and that at the termination
and/or expiration of this Agreement, at Employer's written request, Executive
shall promptly return to Employer any and all such information so requested by
Employer.

(a)  The provisions of this Section 8 shall not, however, prohibit Executive
     from disclosing to others or using in any manner information that:

     (i)   has been published or has become part of the public domain other than
           by acts, omissions or fault of Executive;

     (ii)  has been furnished or made known to Executive by third parties (other
           than those acting directly or indirectly for or on behalf of
           Executive) as a matter of legal right without restriction on its use
           or disclosure;

     (iii) was in the possession of Executive prior to obtaining such
           information from Employer in connection with the performance of this
           Agreement; or

     (iv)  is required to be disclosed by law.

                                       4
<PAGE>

9.   Covenants Not to Compete.

(a)  Executive's Acknowledgment.  Executive agrees and acknowledges that in
     order to assure the Company that it will retain its value as a going
     concern, it is necessary that Executive undertake not to utilize his
     special knowledge of the business and his relationships with customers and
     suppliers to compete with the Company.  Executive further acknowledges
     that:

     (i)   the Company is and will be engaged in the business;

     (ii)  Executive will occupy a position of trust and confidence with the
           Company prior to the date of this agreement and, during such period
           and Executive's employment under this agreement, Executive has, and
           will become familiar with the Company's trade secrets and with other
           proprietary and confidential information concerning the Company;

     (iii) the agreements and covenants contained in this Section 9 are
           essential to protect the Company and the goodwill of the business;
           and

     (iv)  Executive's employment with the Company has special, unique and
           extraordinary value to the Company and the Company would be
           irreparably damaged if Executive were to provide services to any
           person or entity in violation of the provisions of this agreement.

(b)  Competitive Activities.  Executive hereby agrees that for a period
     commencing on the date hereof and ending one year following the later of
     (i) termination of Executive's employment with the Company for whatever
     reason, and (ii) the conclusion of the period, if any, during which the
     Company is making payments to Executive, he will not, directly or
     indirectly, as employee, agent, consultant, stockholder, director, co-
     partner or in any other individual or representative capacity, own,
     operate, manage, control, engage in, invest in or participate in any manner
     in, act as a consultant or advisor to, render services for (alone or in
     association with any person, firm, corporation or entity), or otherwise
     assist any person or entity (other than the Company) that engages in or
     owns, invests in, operates, manages or controls any venture or enterprise
     that directly or indirectly engages or proposes in engage in the business
     of the manufacturing, distribution or sale of (i) products manufactured,
     distributed, sold or licensed by the Company or services provided by the
     Company at the time of termination or (ii) products or services proposed at
     the time of such termination to be manufactured, distributed, sold,
     licensed or provided by the Company within the United States (the
     "Territory"); provided, however, that nothing contained herein shall be
     construed to prevent Executive from investing in the stock of any competing
     corporation listed on a national securities exchange or traded in the over-
     the-counter market, but only if Executive is not involved in the business
     of said corporation and if Executive and his associates (as such term is
     defined in Regulation 14(A) promulgated under the Securities Exchange Act
     of 1934, as in effect on the date hereof), collectively, do not own more
     than an aggregate of two percent of the stock of such corporation.  With
     respect to the Territory, Executive specifically acknowledges that the
     Company has conducted the business throughout those areas comprising the
     Territory and the Company intends to continue to expand the business
     throughout the Territory.

                                       5
<PAGE>

(c)  Blue Pencil.  If an arbitrator shall at any time deem the terms of this
     agreement or any restrictive covenant too lengthy or the Territory too
     extensive, the other provisions of this Section  8 shall nevertheless
     stand, the restrictive period shall be deemed to be the longest period
     permissible by law under the circumstances and the Territory shall be
     deemed to comprise the largest territory permissible by law under the
     circumstances.  The arbitrator in each case shall reduce the restricted
     period and/or the Territory to permissible duration or size.

10.  Opportunities.  During his employment with the Company, and for one year
thereafter, Executive shall not take any action which might divert from the
Company any opportunity learned about by him during his employment with the
Company (including without limitation during the Employment Term) which would be
within the scope of any of the businesses then engaged in or planned to be
engaged in by the Company.

11.  Survival.  In the even that this Agreement shall be terminated, then
notwithstanding such termination, the obligations of Executive pursuant to
Sections 6,7,8 9, and 10 of this agreement shall survive such termination.

12.  Contents of Agreement, Parties in Interest, Assignment, etc.  This
Agreement sets forth the entire understanding of the parties hereto with respect
to the subject matter hereof.  All of the terms and provisions of this Agreement
shall be binding upon and inure to the benefit of and be enforceable by the
respective heirs, representatives, successors and assigns of the parties hereto,
except that the duties and responsibilities of Executive hereunder which are of
a personal nature shall neither be assigned nor transferred in whole or in part
by Executive.  This Agreement shall not be amended except by a written
instrument duly executed by the parties.

13.  Severability.  If any term or provision of this Agreement shall be held to
be invalid or unenforceable for any reason, such term or provision shall be
ineffective to the extent of such invalidity or unenforceability without
invalidating the remaining terms and provisions hereof, and this Agreement shall
be construed as if such invalid or unenforceable term or provision had not been
contained herein.

14.  Notices.  Any notice, request, instruction or other document to be given
hereunder by any party to the other party shall be in writing and shall be
deemed to have been duly given when delivered personally or five (5) days after
dispatch by registered or certified mail, postage prepaid, return receipt
requested, to the party to whom the same is so given or made:

     IF TO THE COMPANY ADDRESSED TO:

     Charles W. Skamser
     ebaseOne Corporation
     6060 Richmond Avenue
     Houston, Texas 77057

                                       6
<PAGE>

     WITH A COPY TO:

     Thomas C. Pritchard
     Brewer & Pritchard, P.C.
     1111 Bagby, Suite 2450
     Houston, Texas 77002

     IF TO EXECUTIVE ADDRESSED TO:

     Michael A. Sooley
     107 S. Meadowmist Circle
     The Woodlands, Texas  77387

or to such other address as the one party shall specify to the other party in
writing.

15.  Counterparts and Headings.  This agreement may be executed in one or more
counterparts, each of which shall be deemed an original and all which together
shall constitute one and the same instrument.  All headings are inserted for
convenience of reference only and shall not affect the meaning or interpretation
of this agreement.

16.  Termination of Prior Agreement.  The Parties hereby agree that the
Consulting Agreement entered into between the Parties in May 1999 shall be
terminated as of November 16, 1999.

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed and delivered as of the day and year first above written.

                              EBASEONE CORPORATION

                              By: //S// Charles Skamser
                                 ----------------------------------
                              Director and Chief Executive Officer

                              EXECUTIVE

                              By: //S//Michael A. Sooley
                               ----------------------------------

                                       7
<PAGE>

                                    WARRANT

     THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE
HEREOF HAVE NOT BEEN REGISTERED UNDER EITHER THE SECURITIES ACT OF 1933 ("ACT")
OR APPLICABLE STATE SECURITIES LAWS ("STATE ACTS") AND SHALL NOT BE SOLD,
PLEDGED, HYPOTHECATED, DONATED, OR OTHERWISE TRANSFERRED (WHETHER OR NOT FOR
CONSIDERATION) BY THE HOLDER EXCEPT UPON THE ISSUANCE TO THE COMPANY OF A
FAVORABLE OPINION OF COUNSEL OR SUBMISSION TO THE COMPANY OF SUCH EVIDENCE AS
MAY BE SATISFACTORY TO COUNSEL TO THE COMPANY, IN EACH SUCH CASE, TO THE EFFECT
THAT ANY SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE ACT AND THE STATE ACTS.

              WARRANT TO PURCHASE 250,000 SHARES OF COMMON STOCK

                             EBASEONE CORPORATION
                           (a Delaware corporation)
                           6060 Richmond, Suite 190
                             Houston, Texas 77057

                    Not Transferable or Exercisable Except
                       upon Conditions Herein Specified

     EBASEONE CORPORATION, a Delaware corporation ("Company"), hereby certifies
that Michael A. Sooley, his registered successors and permitted assigns
registered on the books of the Company maintained for such purposes, as the
registered holder hereof ("Holder"), for value received in consideration for
services rendered to the Company, the receipt of which is acknowledged, is
entitled to purchase from the Company the number of fully paid and non-
assessable shares of Common Stock of the Company, $.001 par value ("Shares" or
"Common Stock"), stated above at the purchase price per Share set forth in
Section 1(b) below ("Exercise Price") (the number of Shares and Exercise Price
being subject to adjustment as hereinafter provided) upon the terms and
conditions herein provided.

     1.   Exercise of Warrants.
          --------------------

          (a)  Subject to subsection (b) of this Section 1, upon presentation
and surrender of this Warrant Certificate, with the attached Purchase Form duly
executed, at the principal office of the Company, or at such other place as the
Company may designate by notice to the Holder hereof, together with a certified
or bank cashier's check payable to the order of the Company in the amount of the
Exercise Price times the number of Shares being purchased, the Company shall
deliver to the Holder hereof, as promptly as practicable, certificates
representing the Shares being purchased. This Warrant may be exercised in whole
or in part; and, in case of exercise hereof in part only, the Company, upon
surrender hereof, will deliver to the Holder a new Warrant Certificate or
Warrant Certificates of like tenor entitling the Holder to purchase the number
of Shares as to which this Warrant has not been exercised.
<PAGE>

          (b)  This Warrant may be exercised at a price of $2.37 per share and
become exercisable as the underlying Shares vest (in the manner as set forth in
(d) below). The Warrant shall expire upon the close of business November 22,
2004.

          (c)  The Warrant Price shall be payable at the time of exercise. The
Warrant Price may be paid in cash (by check) or by: (i) surrender of shares of
Common Stock of the Company already owned by the Executive, having a Market
Price (as defined below) equal to the exercise price of the warrant; (ii)
provided that a public market for the Company's stock exists, through a "same
day sale" commitment from the Holder and a broker-dealer that is a member of the
National Association of Securities Dealers, Inc. (an "NASD Dealer") whereby the
Holder irrevocably elects to exercise the Warrant and to sell a portion of the
Shares so purchased to pay for the exercise price and whereby the NASD Dealer
irrevocably commits upon receipt of such Shares to forward the exercise price
directly to the Company; (iii) provided that a public market for the Company's
stock exists, through a "margin" commitment from the Holder and an NASD Dealer
whereby the Holder irrevocably elects to exercise the Warrant and to pledge the
Shares so purchased to the NASD Dealer in the amount of the exercise price, and
whereby the NASD Dealer irrevocably commits upon receipt of such Shares to
forward the exercise price directly to the Company; (iv) upon surrender of the
Warrant at the principal office of the Company together with notice of election,
in which event the Company shall issue Holder a number of Shares computed using
the following formula:

          X = Y (A-B)/A

where:    X = the number of Shares to be issued to Holder (not to exceed the
          number of Shares set forth on the cover page of this Warrant
          Agreement, as adjusted pursuant to the provisions of Section 6 of this
          Warrant Agreement).

          Y = the number of Shares for which the Warrant is being exercised.

          A = the Market Price of one Share (for purposes of this Section 1(c)),
          the "Market Price" shall be defined as the average closing price of
          the common stock (if actual sales price information on any trading
          day is not available, the closing bid price shall be used) for the
          five trading days prior to the Date of Exercise of this Warrant (the
          "Average Closing Bid Price"), as reported by the National Association
          of Securities Dealers Automated Quotation System ("NASDAQ"), or if the
          common stock is not traded on NASDAQ, the Average Closing Bid Price in
          the over-the-counter market; provided, however, that if the common
          stock is listed on a stock exchange, the Market Price shall be the
          Average Closing Bid Price on such exchange; and, provided further,
          that if the common stock is not quoted or listed by any organization,
          the fair value of the common stock, as determined by the Board of
          Directors of the Company, whose determination shall be conclusive,
          shall be used).

          B = the Exercise Price.

or (v) by any combination of the foregoing.
<PAGE>

     (d)  The Shares underlying the Warrants shall vest, and the Warrants shall
become exercisable with respect to such Shares in as nearly equal as possible
monthly installments over a 24-month period, so long as Holder remains employed
by the Company. In the event Holder ceases to be an employee of the Company, for
any reason, all unvested Shares underlying the Warrants shall immediately be
canceled, and the Warrants will entitle Holder to purchase only those Shares
that have vested prior to the date he ceased to be employed by the Company. In
the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable. A change
of control shall mean and include the following transactions or situations:

          1.   A sale, transfer, or other disposition by the Company through a
     single transaction or a series of transactions of securities of the Company
     representing fifty (50%) percent or more of the combined voting power of
     the Company's then outstanding securities to any "Unrelated Person" or
     "Unrelated Persons" acting in concert with one another. For purposes of
     this definition, the term "Person" shall mean and include any individual,
     partnership, joint venture, association, trust corporation, or other entity
     [including a "group" as referred to in Section 13(d)(3) of the Securities
     Exchange Act of 1934 ("1934 Act")]. For purposes of this definition, the
     term "Unrelated Person" shall mean and include any Person other than the
     Company, a wholly-owned subsidiary of the Company, or an employee benefit
     plan of the Company; provided however, a sale to underwriters in connection
     with a public offering of the Company's securities pursuant to a firm
     commitment shall not be a Change of Control.

          2.   A sale, transfer, or other disposition through a single
     transaction or a series of transactions of all or substantially all of the
     assets of the Company to an Unrelated Person or Unrelated Persons acting in
     concert with one another.

          3.   A change in the ownership of the Company through a single
     transaction or a series of transactions such that any Unrelated Person or
     Unrelated Persons acting in concert with one another become the "Beneficial
     Owner," directly or indirectly, of securities of the Company representing
     at least fifty (50%) percent of the combined voting power of the Company's
     then outstanding securities. For purposes of this definition, the term
     "Beneficial Owner" shall have the same meaning as given to that term in
     Rule 13d-3 promulgated under the 1934 Act, provided that any pledgee of
     voting securities is not deemed to be the Beneficial Owner thereof prior to
     its acquisition of voting rights with respect to such securities.

          4.   Any consolidation or merger of the Company with or into an
     Unrelated Person, unless immediately after the consolidation or merger the
     holders of the common stock of the Company immediately prior to the
     consolidation or merger are the beneficial owners of securities of the
     surviving corporation representing at least fifty (50%) percent of the
     combined voting power of the surviving corporation's then outstanding
     securities.

                                       3
<PAGE>

          5.   During any period of two years, individuals who, at the beginning
     of such period, constituted the Board of Directors of the Company cease,
     for any reason, to constitute at least a majority thereof, unless the
     election or nomination for election of each new director was approved by
     the vote of at least two-thirds of the directors then still in office who
     were directors at the beginning of such period.

          6.   A change in control of the Company of a nature that would be
     required to be reported in response to Item 6(e) of Schedule 14A of
     Regulation 14A promulgated under the 1934 Act, or any successor regulation
     of similar importance, regardless of whether the Company is subject to such
     reporting requirement.

     2.   Exchange and Transfer of Warrant.
          --------------------------------

          At any time prior to the exercise hereof, upon presentation and
surrender to the Company, this Warrant (a) may be exchanged, alone or with other
Warrants of like tenor registered in the name of the Holder, for another Warrant
or other Warrants of like tenor in the name of such Holder exercisable for the
same aggregate number of Shares as the Warrant or Warrants surrendered, but (b)
may not be sold, transferred, hypothecated, or assigned, in whole or in part,
without the prior written consent of the Company.

     3.   Rights and Obligations of Warrant Holder.
          ----------------------------------------

          (a)  The Holder of this Warrant Certificate shall not, by virtue
hereof, be entitled to any rights of a stockholder in the Company, either at law
or in equity; provided, however, that in the event that any certificate
              -----------------
representing the Shares is issued to the Holder hereof upon exercise of this
Warrant, such Holder shall, for all purposes, be deemed to have become the
holder of record of such Shares on the date on which this Warrant Certificate,
together with a duly executed Purchase Form, was surrendered and payment of the
Exercise Price was made, irrespective of the date of delivery of such Share
certificate. The rights of the Holder of this Warrant are limited to those
expressed herein and the Holder of this Warrant, by his acceptance hereof,
consents to and agrees to be bound by and to comply with all the provisions of
this Warrant Certificate, including, without limitation, all the obligations
imposed upon the Holder hereof by Sections 2 and 5 hereof. In addition, the
Holder of this Warrant Certificate, by accepting the same, agrees that the
Company may deem and treat the person in whose name this Warrant Certificate is
registered on the books of the Company maintained for such purposes as the
absolute, true and lawful owner for all purposes whatsoever, notwithstanding any
notation of ownership or other writing thereon, and the Company shall not be
affected by any notice to the contrary.

          (b)  No Holder of this Warrant Certificate, as such, shall be entitled
to vote or receive dividends or to be deemed the holder of Shares for any
purpose, nor shall anything contained in this Warrant Certificate be construed
to confer upon any Holder of this Warrant Certificate, as such, any of the
rights of a stockholder of the Company or any right to vote, give or withhold
consent to any action by the Company, whether upon any recapitalization, issue
of stock, reclassification of stock, consolidation, merger, conveyance or
otherwise, receive notice of meetings or other action

                                       4
<PAGE>

affecting stockholders (except for notices provided for herein), receive
dividends, subscription rights, or otherwise, until this Warrant shall have been
exercised and the Shares purchasable upon the exercise thereof shall have become
deliverable as provided herein; provided, however, that any such exercise on any
                                -----------------
date when the stock transfer books of the Company shall be closed shall
constitute the person or persons in whose name or names the certificate or
certificates for those Shares are to be issued as the record holder or holders
thereof for all purposes at the opening of business on the next succeeding day
on which such stock transfer books are open, and the Warrant surrendered shall
not be deemed to have been exercised, in whole or in part as the case may be,
until the next succeeding day on which stock transfer books are open for the
purpose of determining entitlement to dividends on the Company's common stock.

     4.   Shares Underlying Warrants.
          --------------------------

     The Company covenants and agrees that all Shares delivered upon exercise of
this Warrant shall, upon delivery and payment therefor, be duly and validly
authorized and issued, fully paid and non-assessable, and free from all stamp
taxes, liens and charges with respect to the purchase thereof.  In addition, the
Company agrees at all times to reserve and keep available an authorized number
of Shares sufficient to permit the exercise in full of this Warrant.

     5.   Disposition of Warrants or Shares.
          ---------------------------------

          (a)  The Holder of this Warrant Certificate and any transferee hereof
or of the Shares issuable upon the exercise of the Warrant Certificate, by their
acceptance hereof, hereby understand and agree that the Warrant, and the Shares
issuable upon the exercise hereof, have not been registered under either the
Securities Act of 1933 ("Act") or applicable state securities laws ("State
Acts") and shall not be sold, pledged, hypothecated, or otherwise transferred
(whether or not for consideration) except upon the issuance to the Company of an
opinion of counsel favorable to the Company or its counsel or submission to the
Company of such evidence as may be satisfactory to the Company or its counsel,
in each such case, to the effect that any such transfer shall not be in
violation of the Act or the State Acts.  It shall be a condition to the transfer
of this Warrant that any transferee of this Warrant deliver to the Company his
written agreement to accept and be bound by all of the terms and conditions of
this Warrant Certificate.  The Holder acknowledges that the Company has not
granted any registration rights hereunder.

          (b)  The stock certificates of the Company that will evidence the
shares of Common Stock with respect to which this Warrant may be exercisable
will be imprinted with a conspicuous legend in substantially the following form:

          "The securities represented by this certificate have not been
          registered under either the Securities Act of 1933 ("Act") or the
          securities laws of any state ("State Acts").  Such securities shall
          not be sold, pledged, hypothecated, or otherwise transferred (whether
          or not for consideration) at any time whatsoever except upon
          registration or upon delivery to the Company of an opinion of its
          counsel satisfactory to the Company or its counsel that

                                       5
<PAGE>

          registration is not required for such transfer or the submission of
          such other evidence as may be satisfactory to the Company or its
          counsel to the effect that any such transfer shall not be in violation
          of the Act, State Acts or any rule or regulation promulgated
          thereunder."

     6.   Adjustments.
          -----------

          The number of Shares purchasable upon the exercise of each Warrant is
subject to adjustment from time to time upon the occurrence of any of the events
enumerated below:

          (a)  If at any time after the date of this Warrant and so long as this
Warrant is outstanding, there is a stock split, stock dividend, subdivision, or
similar distribution with respect to the Common Stock, or a combination of the
Common Stock, then, in such event, the exercise price shall be adjusted in
accordance with (b) below.

          (b)  Immediately upon the effective date of any event requiring
adjustment pursuant to (a), the Company shall adjust the exercise price then in
effect (to the nearest whole cent) as follows:

               i)    in the event such adjustment is caused by stock split,
          stock dividend, subdivision, or other similar distribution of shares
          of Common Stock, the exercise price in effect, immediately prior to
          the effective date of such event shall be decreased to an amount which
          shall bear the same relation to the exercise price in effect
          immediately prior to such event as the total number of shares of
          Common Stock outstanding immediately prior to such event bears to the
          total number of shares of Common Stock outstanding immediately after
          such event;

               ii)   in the event such adjustment is caused by a combination of
          shares of Common Stock, the exercise price in effect immediately prior
          to the close of business on the effective date of such event shall be
          increased to an amount which shall bear the same relation to the
          exercise price in effect immediately prior to such event as the total
          number of shares of Common Stock outstanding immediately prior to such
          event bears to the total number of shares of Common Stock outstanding
          immediately after such event.

          (c)  Upon each adjustment of the exercise price pursuant to (b) above,
the Warrant outstanding prior to such adjustment in the exercise price shall
thereafter evidence the right to purchase, at the adjusted exercise price, that
number of shares of Common Stock (calculated to the nearest hundredth) obtained
by (i) multiplying the number of shares of Common Stock issuable upon exercise
of the Warrant prior to adjustment of the number of shares of Common Stock by
the exercise price in effect prior to adjustment of the exercise price and (ii)
dividing the product so obtained by the exercise price in effect after such
adjustment of the exercise price.

     7.   Loss or Destruction.
          -------------------

                                       6
<PAGE>

          Upon receipt of evidence satisfactory to the Company of the loss,
theft, destruction or mutilation of this Warrant Certificate and, in the case of
any such loss, theft or destruction, upon delivery of an indemnity agreement or
bond satisfactory in form, substance and amount to the Company or, in the case
of any such mutilation, upon surrender and cancellation of this Warrant
Certificate, the Company at its expense will execute and deliver, in lieu
thereof, a new Warrant Certificate of like tenor.

     8.   Survival.
          --------

          The various rights and obligations of the Holder hereof as set forth
herein shall survive the exercise of the Warrants represented hereby and the
surrender of this Warrant Certificate.

     9.   Notices.
          -------

          Whenever any notice, payment of any purchase price, or other
communication is required to be given or delivered under the terms of this
Warrant, it shall be in writing and delivered by hand delivery or United States
registered or certified mail, return receipt requested, postage prepaid (or
similar delivery if outside of the United States), and will be deemed to have
been given or delivered on the date such notice, purchase price or other
communication is so delivered or posted, as the case may be; and, if to the
Company, it will be addressed to the address specified in Section 1 hereof, and
if to the Holder, it will be addressed to the registered Holder at its, his or
her address as it appears on the books of the Company.

                              EBASEONE CORPORATION

                              By: //s// Charles Skamser
                                  --------------------------------------
                                  Charles Skamser, President

                                  Dated: November, ____ 1999

                              HOLDER:
                              ------

                              By: //s// Michael A. Sooley
                                  --------------------------------------
                                  Michael A. Sooley

                                  Dated: November 22, 1999

                                       7
<PAGE>

                                    WARRANT

     THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE
HEREOF HAVE NOT BEEN REGISTERED UNDER EITHER THE SECURITIES ACT OF 1933 ("ACT")
OR APPLICABLE STATE SECURITIES LAWS ("STATE ACTS") AND SHALL NOT BE SOLD,
PLEDGED, HYPOTHECATED, DONATED, OR OTHERWISE TRANSFERRED (WHETHER OR NOT FOR
CONSIDERATION) BY THE HOLDER EXCEPT UPON THE ISSUANCE TO THE COMPANY OF A
FAVORABLE OPINION OF COUNSEL OR SUBMISSION TO THE COMPANY OF SUCH EVIDENCE AS
MAY BE SATISFACTORY TO COUNSEL TO THE COMPANY, IN EACH SUCH CASE, TO THE EFFECT
THAT ANY SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE ACT AND THE STATE ACTS.

              WARRANT TO PURCHASE 250,000 SHARES OF COMMON STOCK

                             EBASEONE CORPORATION
                           (a Delaware corporation)
                           6060 Richmond, Suite 190
                             Houston, Texas 77057

                    Not Transferable or Exercisable Except
                       upon Conditions Herein Specified

     EBASEONE CORPORATION, a Delaware corporation ("Company"), hereby certifies
that Michael A. Sooley, his registered successors and permitted assigns
registered on the books of the Company maintained for such purposes, as the
registered holder hereof ("Holder"), for value received in consideration for
services rendered to the Company, the receipt of which is acknowledged, is
entitled to purchase from the Company the number of fully paid and non-
assessable shares of Common Stock of the Company, $.001 par value ("Shares" or
"Common Stock"), stated above at the purchase price per Share set forth in
Section 1(b) below ("Exercise Price") (the number of Shares and Exercise Price
being subject to adjustment as hereinafter provided) upon the terms and
conditions herein provided.

     1.   Exercise of Warrants.
          --------------------

          (a)  Subject to subsection (b) of this Section 1, upon presentation
and surrender of this Warrant Certificate, with the attached Purchase Form duly
executed, at the principal office of the Company, or at such other place as the
Company may designate by notice to the Holder hereof, together with a certified
or bank cashier's check payable to the order of the Company in the amount of the
Exercise Price times the number of Shares being purchased, the Company shall
deliver to the Holder hereof, as promptly as practicable, certificates
representing the Shares being purchased. This Warrant may be exercised in whole
or in part; and, in case of exercise hereof in part only, the Company, upon
surrender hereof, will deliver to the Holder a new Warrant Certificate or
Warrant Certificates of like tenor entitling the Holder to purchase the number
of Shares as to which this Warrant has not been exercised.
<PAGE>

     (b)  This Warrant may be exercised at a price of $2.50 per share and become
exercisable as the underlying Shares vest (in the manner as set forth in (d)
below). The Warrant shall expire upon the close of business November 22, 2004.

     (c)  The Warrant Price shall be payable at the time of exercise. The
Warrant Price may be paid in cash (by check) or by: (i) surrender of shares of
Common Stock of the Company already owned by the Executive, having a Market
Price (as defined below) equal to the exercise price of the warrant; (ii)
provided that a public market for the Company's stock exists, through a "same
day sale" commitment from the Holder and a broker-dealer that is a member of the
National Association of Securities Dealers, Inc. (an "NASD Dealer") whereby the
Holder irrevocably elects to exercise the Warrant and to sell a portion of the
Shares so purchased to pay for the exercise price and whereby the NASD Dealer
irrevocably commits upon receipt of such Shares to forward the exercise price
directly to the Company; (iii) provided that a public market for the Company's
stock exists, through a "margin" commitment from the Holder and an NASD Dealer
whereby the Holder irrevocably elects to exercise the Warrant and to pledge the
Shares so purchased to the NASD Dealer in the amount of the exercise price, and
whereby the NASD Dealer irrevocably commits upon receipt of such Shares to
forward the exercise price directly to the Company; (iv) upon surrender of the
Warrant at the principal office of the Company together with notice of election,
in which event the Company shall issue Holder a number of Shares computed using
the following formula:

          X = Y (A-B)/A

where:    X = the number of Shares to be issued to Holder (not to exceed the
          number of Shares set forth on the cover page of this Warrant
          Agreement, as adjusted pursuant to the provisions of Section 6 of this
          Warrant Agreement).

          Y = the number of Shares for which the Warrant is being exercised.

          A = the Market Price of one Share (for purposes of this Section 1(c)),
          the "Market Price" shall be defined as the average closing price of
          the common stock (if actual sales price information on any trading day
          is not available, the closing bid price shall be used) for the five
          trading days prior to the Date of Exercise of this Warrant (the
          "Average Closing Bid Price"), as reported by the National Association
          of Securities Dealers Automated Quotation System ("NASDAQ"), or if the
          common stock is not traded on NASDAQ, the Average Closing Bid Price in
          the over-the-counter market; provided, however, that if the common
          stock is listed on a stock exchange, the Market Price shall be the
          Average Closing Bid Price on such exchange; and, provided further,
          that if the common stock is not quoted or listed by any organization,
          the fair value of the common stock, as determined by the Board of
          Directors of the Company, whose determination shall be conclusive,
          shall be used).

          B = the Exercise Price.

or (v) by any combination of the foregoing.

                                       2
<PAGE>

     (d)  The Shares underlying the Warrants are exercisable upon the earlier of
the vesting contingencies as set forth below. The Shares underlying the Warrants
shall vest, and the Warrants shall become exercisable with respect to such
Shares at any time upon the earlier of the following to occur: (i) the date on
which the last sales price of the Company's common stock as reported by the
Nasdaq Stock Market, or if not reported on the Nasdaq Stock Market, a stock
exchange, or the over-the-counter market, exceeds $10.00 per share for at least
30 consecutive trading days commencing on July 1, 2000, or (ii) if the Company
obtains net revenues of $12,000,000 for the 12 months ending December 31, 2000,
as determined by the Company's independent auditors, or (iii) if the Company
obtains net revenues of $50,000,000 for the 12 months ending December 31, 2001,
as determined by the Company's independent auditors. In the event the Company is
a reporting company pursuant to the Securities Exchange Act of 1934, as amended,
("1934 Act") then determination of whether the Company has met items (ii) or
(iii) shall be made upon the filing of the Company's 12 month financial
statements with the Securities and Exchange Commission. If the Company is not
reporting pursuant to the 1934 Act, the determination shall be made within 45
days of December 31.

     In the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable. A change
of control shall mean and include the following transactions or situations:

          1.   A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another. For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity [including a "group" as
referred to in Section 13(d)(3) of the Securities Exchange Act of 1934 ("1934
Act")]. For purposes of this definition, the term "Unrelated Person" shall mean
and include any Person other than the Company, a wholly-owned subsidiary of the
Company, or an employee benefit plan of the Company; provided however, a sale to
underwriters in connection with a public offering of the Company's securities
pursuant to a firm commitment shall not be a Change of Control.

          2.   A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          3.   A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities. For purposes of this definition, the term "Beneficial
Owner" shall have the same meaning as given to that term in Rule 13d-3
promulgated under the 1934 Act, provided that

                                       3
<PAGE>

any pledgee of voting securities is not deemed to be the Beneficial Owner
thereof prior to its acquisition of voting rights with respect to such
securities.

          4.   Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          5.   During any period of two years, individuals who, at the beginning
of such period, constituted the Board of Directors of the Company cease, for any
reason, to constitute at least a majority thereof, unless the election or
nomination for election of each new director was approved by the vote of at
least two-thirds of the directors then still in office who were directors at the
beginning of such period.

          6.   A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     2.   Exchange and Transfer of Warrant.
          --------------------------------

          At any time prior to the exercise hereof, upon presentation and
surrender to the Company, this Warrant (a) may be exchanged, alone or with other
Warrants of like tenor registered in the name of the Holder, for another Warrant
or other Warrants of like tenor in the name of such Holder exercisable for the
same aggregate number of Shares as the Warrant or Warrants surrendered, but (b)
may not be sold, transferred, hypothecated, or assigned, in whole or in part,
without the prior written consent of the Company.

     3.   Rights and Obligations of Warrant Holder.
          ----------------------------------------

          (a)  The Holder of this Warrant Certificate shall not, by virtue
hereof, be entitled to any rights of a stockholder in the Company, either at law
or in equity; provided, however, that in the event that any certificate
              -----------------
representing the Shares is issued to the Holder hereof upon exercise of this
Warrant, such Holder shall, for all purposes, be deemed to have become the
holder of record of such Shares on the date on which this Warrant Certificate,
together with a duly executed Purchase Form, was surrendered and payment of the
Exercise Price was made, irrespective of the date of delivery of such Share
certificate. The rights of the Holder of this Warrant are limited to those
expressed herein and the Holder of this Warrant, by his acceptance hereof,
consents to and agrees to be bound by and to comply with all the provisions of
this Warrant Certificate, including, without limitation, all the obligations
imposed upon the Holder hereof by Sections 2 and 5 hereof. In addition, the
Holder of this Warrant Certificate, by accepting the same, agrees that the
Company may deem and treat the person in whose name this Warrant Certificate is
registered on the books of the

                                       4
<PAGE>

Company maintained for such purposes as the absolute, true and lawful owner for
all purposes whatsoever, notwithstanding any notation of ownership or other
writing thereon, and the Company shall not be affected by any notice to the
contrary.

          (b)  No Holder of this Warrant Certificate, as such, shall be entitled
to vote or receive dividends or to be deemed the holder of Shares for any
purpose, nor shall anything contained in this Warrant Certificate be construed
to confer upon any Holder of this Warrant Certificate, as such, any of the
rights of a stockholder of the Company or any right to vote, give or withhold
consent to any action by the Company, whether upon any recapitalization, issue
of stock, reclassification of stock, consolidation, merger, conveyance or
otherwise, receive notice of meetings or other action affecting stockholders
(except for notices provided for herein), receive dividends, subscription
rights, or otherwise, until this Warrant shall have been exercised and the
Shares purchasable upon the exercise thereof shall have become deliverable as
provided herein; provided, however, that any such exercise on any date when the
                 -----------------
stock transfer books of the Company shall be closed shall constitute the person
or persons in whose name or names the certificate or certificates for those
Shares are to be issued as the record holder or holders thereof for all purposes
at the opening of business on the next succeeding day on which such stock
transfer books are open, and the Warrant surrendered shall not be deemed to have
been exercised, in whole or in part as the case may be, until the next
succeeding day on which stock transfer books are open for the purpose of
determining entitlement to dividends on the Company's common stock.

     4.   Shares Underlying Warrants.
          --------------------------

     The Company covenants and agrees that all Shares delivered upon exercise of
this Warrant shall, upon delivery and payment therefor, be duly and validly
authorized and issued, fully paid and non-assessable, and free from all stamp
taxes, liens and charges with respect to the purchase thereof. In addition, the
Company agrees at all times to reserve and keep available an authorized number
of Shares sufficient to permit the exercise in full of this Warrant.

     5.   Disposition of Warrants or Shares.
          ---------------------------------

          (a)  The Holder of this Warrant Certificate and any transferee hereof
or of the Shares issuable upon the exercise of the Warrant Certificate, by their
acceptance hereof, hereby understand and agree that the Warrant, and the Shares
issuable upon the exercise hereof, have not been registered under either the
Securities Act of 1933 ("Act") or applicable state securities laws ("State
Acts") and shall not be sold, pledged, hypothecated, or otherwise transferred
(whether or not for consideration) except upon the issuance to the Company of an
opinion of counsel favorable to the Company or its counsel or submission to the
Company of such evidence as may be satisfactory to the Company or its counsel,
in each such case, to the effect that any such transfer shall not be in
violation of the Act or the State Acts. It shall be a condition to the transfer
of this Warrant that any transferee of this Warrant deliver to the Company his
written agreement to accept and be bound by all of the terms and conditions of
this Warrant Certificate. The Holder acknowledges that the Company has not
granted any registration rights hereunder.

                                       5
<PAGE>

          (b)  The stock certificates of the Company that will evidence the
shares of Common Stock with respect to which this Warrant may be exercisable
will be imprinted with a conspicuous legend in substantially the following form:

          "The securities represented by this certificate have not been
          registered under either the Securities Act of 1933 ("Act") or the
          securities laws of any state ("State Acts"). Such securities shall not
          be sold, pledged, hypothecated, or otherwise transferred (whether or
          not for consideration) at any time whatsoever except upon registration
          or upon delivery to the Company of an opinion of its counsel
          satisfactory to the Company or its counsel that registration is not
          required for such transfer or the submission of such other evidence as
          may be satisfactory to the Company or its counsel to the effect that
          any such transfer shall not be in violation of the Act, State Acts or
          any rule or regulation promulgated thereunder."

     6.   Adjustments.
          -----------

          The number of Shares purchasable upon the exercise of each Warrant is
subject to adjustment from time to time upon the occurrence of any of the events
enumerated below:

          (a)  If at any time after the date of this Warrant and so long as this
Warrant is outstanding, there is a stock split, stock dividend, subdivision, or
similar distribution with respect to the Common Stock, or a combination of the
Common Stock, then, in such event, the exercise price shall be adjusted in
accordance with (b) below.

          (b)  Immediately upon the effective date of any event requiring
adjustment pursuant to (a), the Company shall adjust the exercise price then in
effect (to the nearest whole cent) as follows:

               i)    in the event such adjustment is caused by stock split,
          stock dividend, subdivision, or other similar distribution of shares
          of Common Stock, the exercise price in effect, immediately prior to
          the effective date of such event shall be decreased to an amount which
          shall bear the same relation to the exercise price in effect
          immediately prior to such event as the total number of shares of
          Common Stock outstanding immediately prior to such event bears to the
          total number of shares of Common Stock outstanding immediately after
          such event;

               ii)   in the event such adjustment is caused by a combination of
          shares of Common Stock, the exercise price in effect immediately prior
          to the close of business on the effective date of such event shall be
          increased to an amount which shall bear the same relation to the
          exercise price in effect immediately prior to such event as the total
          number of shares of Common Stock outstanding immediately prior to such
          event bears to the total number of shares of Common Stock outstanding
          immediately after such event.

                                       6
<PAGE>

          (c)  Upon each adjustment of the exercise price pursuant to (b) above,
the Warrant outstanding prior to such adjustment in the exercise price shall
thereafter evidence the right to purchase, at the adjusted exercise price, that
number of shares of Common Stock (calculated to the nearest hundredth) obtained
by (i) multiplying the number of shares of Common Stock issuable upon exercise
of the Warrant prior to adjustment of the number of shares of Common Stock by
the exercise price in effect prior to adjustment of the exercise price and (ii)
dividing the product so obtained by the exercise price in effect after such
adjustment of the exercise price.

     7.   Loss or Destruction.
          -------------------

          Upon receipt of evidence satisfactory to the Company of the loss,
theft, destruction or mutilation of this Warrant Certificate and, in the case of
any such loss, theft or destruction, upon delivery of an indemnity agreement or
bond satisfactory in form, substance and amount to the Company or, in the case
of any such mutilation, upon surrender and cancellation of this Warrant
Certificate, the Company at its expense will execute and deliver, in lieu
thereof, a new Warrant Certificate of like tenor.

     8.   Survival.
          --------

          The various rights and obligations of the Holder hereof as set forth
herein shall survive the exercise of the Warrants represented hereby and the
surrender of this Warrant Certificate.

     9.   Notices.
          -------

          Whenever any notice, payment of any purchase price, or other
communication is required to be given or delivered under the terms of this
Warrant, it shall be in writing and delivered by hand delivery or United States
registered or certified mail, return receipt requested, postage prepaid (or
similar delivery if outside of the United States), and will be deemed to have
been given or delivered on the date such notice, purchase price or other
communication is so delivered or posted, as the case may be; and, if to the
Company, it will be addressed to the address specified in Section 1 hereof, and
if to the Holder, it will be addressed to the registered Holder at its, his or
her address as it appears on the books of the Company.

                              EBASEONE CORPORATION

                              By: /s/ Charles Skamser
                                  --------------------------------------
                                  Charles Skamser, President
                                  Dated: November, ____ 1999

                              HOLDER:
                              ------

                              By: /s/ Michael A. Sooley
                                  --------------------------------------
                                  Michael A. Sooley
                                  Dated: November 22, 1999

                                       7
<PAGE>

                                    WARRANT

     THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE
HEREOF HAVE NOT BEEN REGISTERED UNDER EITHER THE SECURITIES ACT OF 1933 ("ACT")
OR APPLICABLE STATE SECURITIES LAWS ("STATE ACTS") AND SHALL NOT BE SOLD,
PLEDGED, HYPOTHECATED, DONATED, OR OTHERWISE TRANSFERRED (WHETHER OR NOT FOR
CONSIDERATION) BY THE HOLDER EXCEPT UPON THE ISSUANCE TO THE COMPANY OF A
FAVORABLE OPINION OF COUNSEL OR SUBMISSION TO THE COMPANY OF SUCH EVIDENCE AS
MAY BE SATISFACTORY TO COUNSEL TO THE COMPANY, IN EACH SUCH CASE, TO THE EFFECT
THAT ANY SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE ACT AND THE STATE ACTS.

              WARRANT TO PURCHASE 250,000 SHARES OF COMMON STOCK

                             EBASEONE CORPORATION
                           (a Delaware corporation)
                           6060 Richmond, Suite 190
                             Houston, Texas 77057

                    Not Transferable or Exercisable Except
                       upon Conditions Herein Specified

     EBASEONE CORPORATION, a Delaware corporation ("Company"), hereby certifies
that Michael A. Sooley, his registered successors and permitted assigns
registered on the books of the Company maintained for such purposes, as the
registered holder hereof ("Holder"), for value received in consideration for
services rendered to the Company, the receipt of which is acknowledged, is
entitled to purchase from the Company the number of fully paid and non-
assessable shares of Common Stock of the Company, $.001 par value ("Shares" or
"Common Stock"), stated above at the purchase price per Share set forth in
Section 1(b) below ("Exercise Price") (the number of Shares and Exercise Price
being subject to adjustment as hereinafter provided) upon the terms and
conditions herein provided.

     1.  Exercise of Warrants.
         --------------------

         (a) Subject to subsection (b) of this Section 1, upon presentation and
surrender of this Warrant Certificate, with the attached Purchase Form duly
executed, at the principal office of the Company, or at such other place as the
Company may designate by notice to the Holder hereof, together with a certified
or bank cashier's check payable to the order of the Company in the amount of the
Exercise Price times the number of Shares being purchased, the Company shall
deliver to the Holder hereof, as promptly as practicable, certificates
representing the Shares being purchased.  This Warrant may be exercised in whole
or in part; and, in case of exercise hereof in part only, the Company, upon
surrender hereof, will deliver to the Holder a new Warrant Certificate or
Warrant Certificates of like tenor entitling the Holder to purchase the number
of Shares as to which this Warrant has not been exercised.
<PAGE>

          (b)  This Warrant may be exercised at a price of $2.75 per share and
become exercisable as the underlying Shares vest (in the manner as set forth in
(d) below). The Warrant shall expire upon the close of business November 22,
2004.

          (c)  The Warrant Price shall be payable at the time of exercise.  The
Warrant Price may be paid in cash (by check) or by: (i) surrender of shares of
Common Stock of the Company already owned by the Executive, having a Market
Price (as defined below) equal to the exercise price of the Warrant; (ii)
provided that a public market for the Company's stock exists, through a "same
day sale" commitment from the Holder and a broker-dealer that is a member of the
National Association of Securities Dealers, Inc. (an "NASD Dealer") whereby the
Holder irrevocably elects to exercise the Warrant and to sell a portion of the
Shares so purchased to pay for the exercise price and whereby the NASD Dealer
irrevocably commits upon receipt of such Shares to forward the exercise price
directly to the Company; (iii) provided that a public market for the Company's
stock exists, through a "margin" commitment from the Holder and an NASD Dealer
whereby the Holder irrevocably elects to exercise the Warrant and to pledge the
Shares so purchased to the NASD Dealer in the amount of the exercise price, and
whereby the NASD Dealer irrevocably commits upon receipt of such Shares to
forward the exercise price directly to the Company; (iv) upon surrender of the
Warrant at the principal office of the Company together with notice of election,
in which event the Company shall issue Holder a number of Shares computed using
the following formula:

          X = Y (A-B)/A

where:    X = the number of Shares to be issued to Holder (not to exceed the
          number of Shares set forth on the cover page of this Warrant
          Agreement, as adjusted pursuant to the provisions of Section 6 of this
          Warrant Agreement).

          Y = the number of Shares for which the Warrant is being exercised.

          A = the Market Price of one Share (for purposes of this Section 1(c)),
          the "Market Price" shall be defined as the average closing price of
          the common stock (if actual sales price information on any trading
          day is not available, the closing bid price shall be used) for the
          five trading days prior to the Date of Exercise of this Warrant (the
          "Average Closing Bid Price"), as reported by the National Association
          of Securities Dealers Automated Quotation System ("NASDAQ"), or if the
          common stock is not traded on NASDAQ, the Average Closing Bid Price in
          the over-the-counter market; provided, however, that if the common
          stock is listed on a stock exchange, the Market Price shall be the
          Average Closing Bid Price on such exchange; and, provided further,
          that if the common stock is not quoted or listed by any organization,
          the fair value of the common stock, as determined by the Board of
          Directors of the Company, whose determination shall be conclusive,
          shall be used).

          B = the Exercise Price.
<PAGE>

or (v) by any combination of the foregoing.

          (d)  The Shares underlying the Warrants are exercisable upon the
earlier of the vesting contingencies as set forth below. The Shares underlying
the Warrants shall vest, and the Warrants shall become exercisable with respect
to such Shares at any time upon the earlier of the following to occur: (i) the
date on which the last sales price of the Company's common stock as reported by
the Nasdaq Stock Market, or if not reported on the Nasdaq Stock Market, a stock
exchange, or the over-the-counter market, exceeds $10.00 per share for at least
30 consecutive trading days commencing on July 1, 2000, or (ii) if the Company
obtains net revenues of $12,000,000 for the 12 months ending December 31, 2000,
as determined by the Company's independent auditors, or (iii) if the Company
obtains net revenues of $50,000,000 for the 12 months ending December 31, 2001,
as determined by the Company's independent auditors. In the event the Company is
a reporting company pursuant to the Securities Exchange Act of 1934, as amended,
("1934 Act") then determination of whether the Company has met items (ii) or
(iii) shall be made upon the filing of the Company's 12 month financial
statements with the Securities and Exchange Commission. If the Company is not
reporting pursuant to the 1934 Act, the determination shall be made within 45
days of December 31.

     In the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable.  A change
of control shall mean and include the following transactions or situations:

          1.  A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another.  For purposes of this  definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity [including a "group" as
referred to in Section 13(d)(3) of the Securities Exchange Act of 1934 ("1934
Act")].  For purposes of this definition, the term "Unrelated Person" shall mean
and  include any Person other than the Company, a wholly-owned subsidiary of the
Company, or an employee benefit plan of the Company; provided however, a sale to
underwriters in connection with a public offering of the Company's securities
pursuant to a firm commitment shall not be a Change of Control.

          2.  A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          3.  A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities.  For purposes of this definition, the term "Beneficial
Owner" shall  have the same meaning as given to that term in Rule 13d-3
promulgated  under the 1934 Act, provided that

                                       3
<PAGE>

any pledgee of voting securities is not deemed to be the Beneficial Owner
thereof prior to its acquisition of voting rights with respect to such
securities.

          4.  Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          5.  During any period of two years, individuals who, at the beginning
of such period, constituted the Board of Directors of the Company cease, for any
reason, to constitute at least a majority thereof, unless the election or
nomination for election of each new director was approved by the vote of at
least two-thirds of the directors then still in office who were directors at the
beginning of such period.

          6.  A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     2.   Exchange and Transfer of Warrant.
          --------------------------------

          At any time prior to the exercise hereof, upon presentation and
surrender to the Company, this Warrant (a) may be exchanged, alone or with other
Warrants of like tenor registered in the name of the Holder, for another Warrant
or other Warrants of like tenor in the name of such Holder exercisable for the
same aggregate number of Shares as the Warrant or Warrants surrendered, but (b)
may not be sold, transferred, hypothecated, or assigned, in whole or in part,
without the prior written consent of the Company.

     3.   Rights and Obligations of Warrant Holder.
          ----------------------------------------

          (a) The Holder of this Warrant Certificate shall not, by virtue
hereof, be entitled to any rights of a stockholder in the Company, either at law
or in equity; provided, however, that in the event that any certificate
              -----------------
representing the Shares is issued to the Holder hereof upon exercise of this
Warrant, such Holder shall, for all purposes, be deemed to have become the
holder of record of such Shares on the date on which this Warrant Certificate,
together with a duly executed Purchase Form, was surrendered and payment of the
Exercise Price was made, irrespective of the date of delivery of such Share
certificate.  The rights of the Holder of this Warrant are limited to those
expressed herein and the Holder of this Warrant, by his acceptance hereof,
consents to and agrees to be bound by and to comply with all the provisions of
this Warrant Certificate, including, without limitation, all the obligations
imposed upon the Holder hereof by Sections 2 and 5 hereof.  In addition, the
Holder of this Warrant Certificate, by accepting the same, agrees that the
Company may deem and treat the person in whose name this Warrant Certificate is
registered on the books of the

                                       4
<PAGE>

Company maintained for such purposes as the absolute, true and lawful owner for
all purposes whatsoever, notwithstanding any notation of ownership or other
writing thereon, and the Company shall not be affected by any notice to the
contrary.

          (b) No Holder of this Warrant Certificate, as such, shall be entitled
to vote or receive dividends or to be deemed the holder of Shares for any
purpose, nor shall anything contained in this Warrant Certificate be construed
to confer upon any Holder of this Warrant Certificate, as such, any of the
rights of a stockholder of the Company or any right to vote, give or withhold
consent to any action by the Company, whether upon any recapitalization, issue
of stock, reclassification of stock, consolidation, merger, conveyance or
otherwise, receive notice of meetings or other action affecting stockholders
(except for notices provided for herein), receive dividends, subscription
rights, or otherwise, until this Warrant shall have been exercised and the
Shares purchasable upon the exercise thereof shall have become deliverable as
provided herein; provided, however, that any such exercise on any date when the
                 -----------------
stock transfer books of the Company shall be closed shall constitute the person
or persons in whose name or names the certificate or certificates for those
Shares are to be issued as the record holder or holders thereof for all purposes
at the opening of business on the next succeeding day on which such stock
transfer books are open, and the Warrant surrendered shall not be deemed to have
been exercised, in whole or in part as the case may be, until the next
succeeding day on which stock transfer books are open for the purpose of
determining entitlement to dividends on the Company's common stock.

     4.   Shares Underlying Warrants.
          --------------------------

     The Company covenants and agrees that all Shares delivered upon exercise of
this Warrant shall, upon delivery and payment therefor, be duly and validly
authorized and issued, fully paid and non-assessable, and free from all stamp
taxes, liens and charges with respect to the purchase thereof.  In addition, the
Company agrees at all times to reserve and keep available an authorized number
of Shares sufficient to permit the exercise in full of this Warrant.

     5.   Disposition of Warrants or Shares.
          ---------------------------------

          (a) The Holder of this Warrant Certificate and any transferee hereof
or of the Shares issuable upon the exercise of the Warrant Certificate, by their
acceptance hereof, hereby understand and agree that the Warrant, and the Shares
issuable upon the exercise hereof, have not been registered under either the
Securities Act of 1933 ("Act") or applicable state securities laws ("State
Acts") and shall not be sold, pledged, hypothecated, or otherwise transferred
(whether or not for consideration) except upon the issuance to the Company of an
opinion of counsel favorable to the Company or its counsel or submission to the
Company of such evidence as may be satisfactory to the Company or its counsel,
in each such case, to the effect that any such transfer shall not be in
violation of the Act or the State Acts.  It shall be a condition to the transfer
of this Warrant that any transferee of this Warrant deliver to the Company his
written agreement to accept and be bound by all of the terms and conditions of
this Warrant Certificate.  The Holder acknowledges that the Company has not
granted any registration rights hereunder.

                                       5
<PAGE>

          (b) The stock certificates of the Company that will evidence the
shares of Common Stock with respect to which this Warrant may be exercisable
will be imprinted with a conspicuous legend in substantially the following form:

          "The securities represented by this certificate have not been
          registered under either the Securities Act of 1933 ("Act") or the
          securities laws of any state ("State Acts").  Such securities shall
          not be sold, pledged, hypothecated, or otherwise transferred (whether
          or not for consideration) at any time whatsoever except upon
          registration or upon delivery to the Company of an opinion of its
          counsel satisfactory to the Company or its counsel that registration
          is not required for such transfer or the submission of such other
          evidence as may be satisfactory to the Company or its counsel to the
          effect that any such transfer shall not be in violation of the Act,
          State Acts or any rule or regulation promulgated thereunder."

     6.   Adjustments.
          -----------

          The number of Shares purchasable upon the exercise of each Warrant is
subject to adjustment from time to time upon the occurrence of any of the events
enumerated below:

          (a) If at any time after the date of this Warrant and so long as this
Warrant is outstanding, there is a stock split, stock dividend, subdivision, or
similar distribution with respect to the Common Stock, or a combination of the
Common Stock, then, in such event, the exercise price shall be adjusted in
accordance with (b) below.

          (b) Immediately upon the effective date of any event requiring
adjustment pursuant to (a), the Company shall adjust the exercise price then in
effect (to the nearest whole cent) as follows:

              i)  in the event such adjustment is caused by stock split, stock
          dividend, subdivision, or other similar distribution of shares of
          Common Stock, the exercise price in effect, immediately prior to the
          effective date of such event shall be decreased to an amount which
          shall bear the same relation to the exercise price in effect
          immediately prior to such event as the total number of shares of
          Common Stock outstanding immediately prior to such event bears to the
          total number of shares of Common Stock outstanding immediately after
          such event;

              ii) in the event such adjustment is caused by a combination of
          shares of Common Stock, the exercise price in effect immediately prior
          to the close of business on the effective date of such event shall be
          increased to an amount which shall bear the same relation to the
          exercise price in effect immediately prior to such event as the total
          number of shares of Common Stock outstanding immediately prior to such
          event bears to the total number of shares of Common Stock outstanding
          immediately after such event.

                                       6
<PAGE>

          (c) Upon each adjustment of the exercise price pursuant to (b) above,
the Warrant outstanding prior to such adjustment in the exercise price shall
thereafter evidence the right to purchase, at the adjusted exercise price, that
number of shares of Common Stock (calculated to the nearest hundredth) obtained
by (i) multiplying the number of shares of Common Stock issuable upon exercise
of the Warrant prior to adjustment of the number of shares of Common Stock by
the exercise price in effect prior to adjustment of the exercise price and (ii)
dividing the product so obtained by the exercise price in effect after such
adjustment of the exercise price.

     7.   Loss or Destruction.
          -------------------

          Upon receipt of evidence satisfactory to the Company of the loss,
theft, destruction or mutilation of this Warrant Certificate and, in the case of
any such loss, theft or destruction, upon delivery of an indemnity agreement or
bond satisfactory in form, substance and amount to the Company or, in the case
of any such mutilation, upon surrender and cancellation of this Warrant
Certificate, the Company at its expense will execute and deliver, in lieu
thereof, a new Warrant Certificate of like tenor.

     8.   Survival.
          --------

          The various rights and obligations of the Holder hereof as set forth
herein shall survive the exercise of the Warrants represented hereby and the
surrender of this Warrant Certificate.

     9.   Notices.
          -------

          Whenever any notice, payment of any purchase price, or other
communication is required to be given or delivered under the terms of this
Warrant, it shall be in writing and delivered by hand delivery or United States
registered or certified mail, return receipt requested, postage prepaid (or
similar delivery if outside of the United States), and will be deemed to have
been given or delivered on the date such notice, purchase price or other
communication is so delivered or posted, as the case may be; and, if to the
Company, it will be addressed to the address specified in Section 1 hereof, and
if to the Holder, it will be addressed to the registered Holder at its, his or
her address as it appears on the books of the Company.

                              EBASEONE CORPORATION

                              By: /s/ Charles Skamser
                                  ------------------------------------
                                  Charles Skamser, President
                                  Dated: November, ____ 1999

                              HOLDER:
                              ------

                              By: /s/ Michael A. Sooley
                                  -----------------------------------
                                  Michael A. Sooley
                                  Dated: November 22, 1999

                                       7
<PAGE>

                                    WARRANT

     THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE
HEREOF HAVE NOT BEEN REGISTERED UNDER EITHER THE SECURITIES ACT OF 1933 ("ACT")
OR APPLICABLE STATE SECURITIES LAWS ("STATE ACTS") AND SHALL NOT BE SOLD,
PLEDGED, HYPOTHECATED, DONATED, OR OTHERWISE TRANSFERRED (WHETHER OR NOT FOR
CONSIDERATION) BY THE HOLDER EXCEPT UPON THE ISSUANCE TO THE COMPANY OF A
FAVORABLE OPINION OF COUNSEL OR SUBMISSION TO THE COMPANY OF SUCH EVIDENCE AS
MAY BE SATISFACTORY TO COUNSEL TO THE COMPANY, IN EACH SUCH CASE, TO THE EFFECT
THAT ANY SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE ACT AND THE STATE ACTS.

              WARRANT TO PURCHASE 250,000 SHARES OF COMMON STOCK

                             EBASEONE CORPORATION
                           (a Delaware corporation)
                           6060 Richmond, Suite 190
                             Houston, Texas 77057

                    Not Transferable or Exercisable Except
                       upon Conditions Herein Specified

     EBASEONE CORPORATION, a Delaware corporation ("Company"), hereby certifies
that Michael A. Sooley, his registered successors and permitted assigns
registered on the books of the Company maintained for such purposes, as the
registered holder hereof ("Holder"), for value received in consideration for
services rendered to the Company, the receipt of which is acknowledged, is
entitled to purchase from the Company the number of fully paid and non-
assessable shares of Common Stock of the Company, $.001 par value ("Shares" or
"Common Stock"), stated above at the purchase price per Share set forth in
Section 1(b) below ("Exercise Price") (the number of Shares and Exercise Price
being subject to adjustment as hereinafter provided) upon the terms and
conditions herein provided.

     1.   Exercise of Warrants.
          --------------------

          (a) Subject to subsection (b) of this Section 1, upon presentation and
surrender of this Warrant Certificate, with the attached Purchase Form duly
executed, at the principal office of the Company, or at such other place as the
Company may designate by notice to the Holder hereof, together with a certified
or bank cashier's check payable to the order of the Company in the amount of the
Exercise Price times the number of Shares being purchased, the Company shall
deliver to the Holder hereof, as promptly as practicable, certificates
representing the Shares being purchased.  This Warrant may be exercised in whole
or in part; and, in case of exercise hereof in part only, the Company, upon
surrender hereof, will deliver to the Holder a new Warrant Certificate or
Warrant Certificates of like tenor entitling the Holder to purchase the number
of Shares as to which this Warrant has not been exercised.
<PAGE>

          (b) This Warrant may be exercised at a price of $3.00 per share and
become exercisable as the underlying Shares vest (in the manner as set forth in
(d) below). The Warrant shall expire upon the close of business November 22,
2004.

          (c) The Warrant Price shall be payable at the time of exercise.   The
Warrant Price may be paid in cash (by check) or by: (i) surrender of shares of
Common Stock of the Company already owned by the Executive, having a Market
Price (as defined below) equal to the exercise price of the Warrant; (ii)
provided that a public market for the Company's stock exists, through a "same
day sale" commitment from the Holder and a broker-dealer that is a member of the
National Association of Securities Dealers, Inc. (an "NASD Dealer") whereby the
Holder irrevocably elects to exercise the Warrant and to sell a portion of the
Shares so purchased to pay for the exercise price and whereby the NASD Dealer
irrevocably commits upon receipt of such Shares to forward the exercise price
directly to the Company; (iii) provided that a public market for the Company's
stock exists, through a "margin" commitment from the Holder and an NASD Dealer
whereby the Holder irrevocably elects to exercise the Warrant and to pledge the
Shares so purchased to the NASD Dealer in the amount of the exercise price, and
whereby the NASD Dealer irrevocably commits upon receipt of such Shares to
forward the exercise price directly to the Company; (iv) upon surrender of the
Warrant at the principal office of the Company together with notice of election,
in which event the Company shall issue Holder a number of Shares computed using
the following formula:

          X = Y (A-B)/A

where:    X = the number of Shares to be issued to Holder (not to exceed the
          number of Shares set forth on the cover page of this Warrant
          Agreement, as adjusted pursuant to the provisions of Section 6 of this
          Warrant Agreement).

          Y = the number of Shares for which the Warrant is being exercised.

          A = the Market Price of one Share (for purposes of this Section 1(c)),
          the "Market Price" shall be defined as the average closing price of
          the common stock (if actual sales price information on any trading
          day is not available, the closing bid price shall be used) for the
          five trading days prior to the Date of Exercise of this Warrant (the
          "Average Closing Bid Price"), as reported by the National Association
          of Securities Dealers Automated Quotation System ("NASDAQ"), or if the
          common stock is not traded on NASDAQ, the Average Closing Bid Price in
          the over-the-counter market; provided, however, that if the common
          stock is listed on a stock exchange, the Market Price shall be the
          Average Closing Bid Price on such exchange; and, provided further,
          that if the common stock is not quoted or listed by any organization,
          the fair value of the common stock, as determined by the Board of
          Directors of the Company, whose determination shall be conclusive,
          shall be used).

          B = the Exercise Price.
<PAGE>

or (v) by any combination of the foregoing.

     (d)  The Shares underlying the Warrants are exercisable upon the earlier of
the vesting contingencies as set forth below. The Shares underlying the Warrants
shall vest, and the Warrants shall become exercisable with respect to such
Shares at any time upon the earlier of the following to occur: (i) the date on
which the last sales price of the Company's common stock as reported by the
Nasdaq Stock Market, or if not reported on the Nasdaq Stock Market, a stock
exchange, or the over-the-counter market, exceeds $10.00 per share for at least
30 consecutive trading days commencing on July 1, 2000, or (ii) if the Company
obtains net revenues of $12,000,000 for the 12 months ending December 31, 2000,
as determined by the Company's independent auditors, or (iii) if the Company
obtains net revenues of $50,000,000 for the 12 months ending December 31, 2001,
as determined by the Company's independent auditors. In the event the Company is
a reporting company pursuant to the Securities Exchange Act of 1934, as amended,
("1934 Act") then determination of whether the Company has met items (ii) or
(iii) shall be made upon the filing of the Company's 12 month financial
statements with the Securities and Exchange Commission. If the Company is not
reporting pursuant to the 1934 Act, the determination shall be made within 45
days of December 31.

     In the event of a "change of control" as defined below, all of the Shares
underlying the Warrants shall vest and become immediately exercisable.  A change
of control shall mean and include the following transactions or situations:

          1.  A sale, transfer, or other disposition by the Company through a
single transaction or a series of transactions of securities of the Company
representing fifty (50%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another.  For purposes of this  definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity [including a "group" as
referred to in Section 13(d)(3) of the Securities Exchange Act of 1934 ("1934
Act")].  For purposes of this definition, the term "Unrelated Person" shall mean
and  include any Person other than the Company, a wholly-owned subsidiary of the
Company, or an employee benefit plan of the Company; provided however, a sale to
underwriters in connection with a public offering of the Company's securities
pursuant to a firm commitment shall not be a Change of Control.

          2.  A sale, transfer, or other disposition through a single
transaction or a series of transactions of all or substantially all of the
assets of the Company to an Unrelated Person or Unrelated Persons acting in
concert with one another.

          3.  A change in the ownership of the Company through a single
transaction or a series of transactions such that any Unrelated Person or
Unrelated Persons acting in concert with one another become the "Beneficial
Owner," directly or indirectly, of securities of the Company representing at
least fifty (50%) percent of the combined voting power of the Company's then
outstanding securities.  For purposes of this definition, the term "Beneficial
Owner" shall  have the same meaning as given to that term in Rule 13d-3
promulgated  under the 1934 Act, provided that

                                       3
<PAGE>

any pledgee of voting securities is not deemed to be the Beneficial Owner
thereof prior to its acquisition of voting rights with respect to such
securities.

          4.  Any consolidation or merger of the Company with or into an
Unrelated Person, unless immediately after the consolidation or merger the
holders of the common stock of the Company immediately prior to the
consolidation or merger are the beneficial owners of securities of the surviving
corporation representing at least fifty (50%) percent of the combined voting
power of the surviving corporation's then outstanding securities.

          5.  During any period of two years, individuals who, at the beginning
of such period, constituted the Board of Directors of the Company cease, for any
reason, to constitute at least a majority thereof, unless the election or
nomination for election of each new director was approved by the vote of at
least two-thirds of the directors then still in office who were directors at the
beginning of such period.

          6.  A change in control of the Company of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

     2.   Exchange and Transfer of Warrant.
          --------------------------------

          At any time prior to the exercise hereof, upon presentation and
surrender to the Company, this Warrant (a) may be exchanged, alone or with other
Warrants of like tenor registered in the name of the Holder, for another Warrant
or other Warrants of like tenor in the name of such Holder exercisable for the
same aggregate number of Shares as the Warrant or Warrants surrendered, but (b)
may not be sold, transferred, hypothecated, or assigned, in whole or in part,
without the prior written consent of the Company.

     3.   Rights and Obligations of Warrant Holder.
          ----------------------------------------

          (a) The Holder of this Warrant Certificate shall not, by virtue
hereof, be entitled to any rights of a stockholder in the Company, either at law
or in equity; provided, however, that in the event that any certificate
              -----------------
representing the Shares is issued to the Holder hereof upon exercise of this
Warrant, such Holder shall, for all purposes, be deemed to have become the
holder of record of such Shares on the date on which this Warrant Certificate,
together with a duly executed Purchase Form, was surrendered and payment of the
Exercise Price was made, irrespective of the date of delivery of such Share
certificate.  The rights of the Holder of this Warrant are limited to those
expressed herein and the Holder of this Warrant, by his acceptance hereof,
consents to and agrees to be bound by and to comply with all the provisions of
this Warrant Certificate, including, without limitation, all the obligations
imposed upon the Holder hereof by Sections 2 and 5 hereof.  In addition, the
Holder of this Warrant Certificate, by accepting the same, agrees that the
Company may deem and treat the person in whose name this Warrant Certificate is
registered on the books of the

                                       4
<PAGE>

Company maintained for such purposes as the absolute, true and lawful owner for
all purposes whatsoever, notwithstanding any notation of ownership or other
writing thereon, and the Company shall not be affected by any notice to the
contrary.

          (b) No Holder of this Warrant Certificate, as such, shall be entitled
to vote or receive dividends or to be deemed the holder of Shares for any
purpose, nor shall anything contained in this Warrant Certificate be construed
to confer upon any Holder of this Warrant Certificate, as such, any of the
rights of a stockholder of the Company or any right to vote, give or withhold
consent to any action by the Company, whether upon any recapitalization, issue
of stock, reclassification of stock, consolidation, merger, conveyance or
otherwise, receive notice of meetings or other action affecting stockholders
(except for notices provided for herein), receive dividends, subscription
rights, or otherwise, until this Warrant shall have been exercised and the
Shares purchasable upon the exercise thereof shall have become deliverable as
provided herein; provided, however, that any such exercise on any date when the
                 -----------------
stock transfer books of the Company shall be closed shall constitute the person
or persons in whose name or names the certificate or certificates for those
Shares are to be issued as the record holder or holders thereof for all purposes
at the opening of business on the next succeeding day on which such stock
transfer books are open, and the Warrant surrendered shall not be deemed to have
been exercised, in whole or in part as the case may be, until the next
succeeding day on which stock transfer books are open for the purpose of
determining entitlement to dividends on the Company's common stock.

     4.   Shares Underlying Warrants.
          --------------------------

     The Company covenants and agrees that all Shares delivered upon exercise of
this Warrant shall, upon delivery and payment therefor, be duly and validly
authorized and issued, fully paid and non-assessable, and free from all stamp
taxes, liens and charges with respect to the purchase thereof.  In addition, the
Company agrees at all times to reserve and keep available an authorized number
of Shares sufficient to permit the exercise in full of this Warrant.

     5.   Disposition of Warrants or Shares.
          ---------------------------------

          (a) The Holder of this Warrant Certificate and any transferee hereof
or of the Shares issuable upon the exercise of the Warrant Certificate, by their
acceptance hereof, hereby understand and agree that the Warrant, and the Shares
issuable upon the exercise hereof, have not been registered under either the
Securities Act of 1933 ("Act") or applicable state securities laws ("State
Acts") and shall not be sold, pledged, hypothecated, or otherwise transferred
(whether or not for consideration) except upon the issuance to the Company of an
opinion of counsel favorable to the Company or its counsel or submission to the
Company of such evidence as may be satisfactory to the Company or its counsel,
in each such case, to the effect that any such transfer shall not be in
violation of the Act or the State Acts.  It shall be a condition to the transfer
of this Warrant that any transferee of this Warrant deliver to the Company his
written agreement to accept and be bound by all of the terms and conditions of
this Warrant Certificate.  The Holder acknowledges that the Company has not
granted any registration rights hereunder.

                                       5
<PAGE>

          (b) The stock certificates of the Company that will evidence the
shares of Common Stock with respect to which this Warrant may be exercisable
will be imprinted with a conspicuous legend in substantially the following form:

          "The securities represented by this certificate have not been
          registered under either the Securities Act of 1933 ("Act") or the
          securities laws of any state ("State Acts").  Such securities shall
          not be sold, pledged, hypothecated, or otherwise transferred (whether
          or not for consideration) at any time whatsoever except upon
          registration or upon delivery to the Company of an opinion of its
          counsel satisfactory to the Company or its counsel that registration
          is not required for such transfer or the submission of such other
          evidence as may be satisfactory to the Company or its counsel to the
          effect that any such transfer shall not be in violation of the Act,
          State Acts or any rule or regulation promulgated thereunder."

     6.   Adjustments.
          -----------

          The number of Shares purchasable upon the exercise of each Warrant is
subject to adjustment from time to time upon the occurrence of any of the events
enumerated below:

          (a) If at any time after the date of this Warrant and so long as this
Warrant is outstanding, there is a stock split, stock dividend, subdivision, or
similar distribution with respect to the Common Stock, or a combination of the
Common Stock, then, in such event, the exercise price shall be adjusted in
accordance with (b) below.

          (b) Immediately upon the effective date of any event requiring
adjustment pursuant to (a), the Company shall adjust the exercise price then in
effect (to the nearest whole cent) as follows:

              i)  in the event such adjustment is caused by stock split, stock
          dividend, subdivision, or other similar distribution of shares of
          Common Stock, the exercise price in effect, immediately prior to the
          effective date of such event shall be decreased to an amount which
          shall bear the same relation to the exercise price in effect
          immediately prior to such event as the total number of shares of
          Common Stock outstanding immediately prior to such event bears to the
          total number of shares of Common Stock outstanding immediately after
          such event;

              ii) in the event such adjustment is caused by a combination of
          shares of Common Stock, the exercise price in effect immediately prior
          to the close of business on the effective date of such event shall be
          increased to an amount which shall bear the same relation to the
          exercise price in effect immediately prior to such event as the total
          number of shares of Common Stock outstanding immediately prior to such
          event bears to the total number of shares of Common Stock outstanding
          immediately after such event.

                                       6
<PAGE>

          (c) Upon each adjustment of the exercise price pursuant to (b) above,
the Warrant outstanding prior to such adjustment in the exercise price shall
thereafter evidence the right to purchase, at the adjusted exercise price, that
number of shares of Common Stock (calculated to the nearest hundredth) obtained
by (i) multiplying the number of shares of Common Stock issuable upon exercise
of the Warrant prior to adjustment of the number of shares of Common Stock by
the exercise price in effect prior to adjustment of the exercise price and (ii)
dividing the product so obtained by the exercise price in effect after such
adjustment of the exercise price.

     7.   Loss or Destruction.
          -------------------

          Upon receipt of evidence satisfactory to the Company of the loss,
theft, destruction or mutilation of this Warrant Certificate and, in the case of
any such loss, theft or destruction, upon delivery of an indemnity agreement or
bond satisfactory in form, substance and amount to the Company or, in the case
of any such mutilation, upon surrender and cancellation of this Warrant
Certificate, the Company at its expense will execute and deliver, in lieu
thereof, a new Warrant Certificate of like tenor.

     8.   Survival.
          --------

          The various rights and obligations of the Holder hereof as set forth
herein shall survive the exercise of the Warrants represented hereby and the
surrender of this Warrant Certificate.

     9.   Notices.
          -------

          Whenever any notice, payment of any purchase price, or other
communication is required to be given or delivered under the terms of this
Warrant, it shall be in writing and delivered by hand delivery or United States
registered or certified mail, return receipt requested, postage prepaid (or
similar delivery if outside of the United States), and will be deemed to have
been given or delivered on the date such notice, purchase price or other
communication is so delivered or posted, as the case may be; and, if to the
Company, it will be addressed to the address specified in Section 1 hereof, and
if to the Holder, it will be addressed to the registered Holder at its, his or
her address as it appears on the books of the Company.

                              EBASEONE CORPORATION

                              By: /s/ Charles Skamser
                                  ----------------------------------
                                  Charles Skamser, President
                                  Dated: November, ____ 1999

                              HOLDER:
                              ------

                              By: /s/ Michael A. Sooley
                                  ---------------------------------
                                  Michael A. Sooley
                                  Dated: November 22, 1999

                                       7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}]]