Document:

RELEASE AND SETTLEMENT AGREEMENT
                        --------------------------------

THIS  made  as  of  the  8th  day  of  September,  1999.

BETWEEN:

VIRTUALSELLERS.COM,  INC.,  a  company duly incorporated pursuant to the federal
laws  of  Canada  having  an  office  at  120  North LaSalle Street, Suite 1000,
Chicago,  Illinois,  USA,  60602

("VirtualSellers")

AND:

R.  JOHN  ECCLES,  businessman,  of  4783 London Green, Delta, British Columbia,
Canada,  V4K  4X1

("Eccles")

AND:

CALLDIRECT  CAPITAL  CORP.,  a company duly incorporated pursuant to the laws of
Alberta  having  an  office  at  Suite  120,  6165  Highway  17,  Delta, British
Columbia,  Canada,  V4K  5B8

("Company")

WHEREAS:

A.          Eccles  is  a director and an employee of the Company and CallDirect
Enterprises Inc. ("CallDirect") and has rendered certain management services and
provide  certain  loans  (the  "Services  and  Loans")  to  the  Company and its
subsidiaries,  and  has  accordingly  acquired  and  is in possession of certain
confidential information (the "Confidential Information") regarding the Company,
its  subsidiaries  and  their  respective  businesses;  and

B.          Eccles  has  agreed  to,  among  other things, resign as a director,
officer  and  employee of the Company and CallDirect and to release the Company,
VirtualSellers  and  their  respective  subsidiaries  from all claims and issues
(other  than  any claims in connection with certain consulting services provided
by Eccles to the Company and its subsidiaries between May 1, 1999 and August 31,
1999, the aggregate amount of which is not to exceed $13,500.00) that he now may
have  or  which  may  arise  against  the  Company,  VirtualSellers and/or their
respective  subsidiaries  in  connection  with  the  Services  and Loans and the
positions  held  by  him with the Company and its subsidiaries, in consideration
for  the  Company  delivering  to  Eccles  75,000 common shares (the "CallDirect
Shares")  in  the  capital  of  the VirtualSellers, VirtualSellers allotting and
issuing  to  Eccles  50,000  common  shares (the "VirtualSellers Shares") in the

<PAGE>

capital  of  VirtualSellers (the CallDirect Shares and the VirtualSellers Shares
are collectively referred to herein as the "Settlement Shares"), and the Company
agreeing  to  sell  all  of  the  shares  of  CallDirect  to  Eccles.

NOW  THEREFORE  THIS  AGREEMENT WITNESSETH that in consideration of the premises
and  of the covenants and agreements set out herein, the parties hereto covenant
and  agree  as  follows:

1.     ALLOTMENT  AND  ISSUANCE  OF  SHARES  AND  SALE  OF  CALLDIRECT

1.1     The  Company  will  deliver  to  Eccles  the  CallDirect  Shares  and
VirtualSellers  will  allot  and  issue  to  Eccles the VirtualSellers Shares in
consideration  of and as full and final payment of the Services and Loans (other
than  any  claims  in  connection  with  certain consulting services provided by
Eccles  to  the  Company and its subsidiaries between May 1, 1999 and August 31,
1999,  the  aggregate amount of which is not to exceed $13,500.00), cancellation
of the Escrow Shares (as defined herein) and Eccles' covenants contained herein.
The  Settlement  Shares  will be issued and delivered to Eccles upon the Company
receiving written approval for the cancellation of the Escrow Shares (as defined
herein)  from  The  Alberta  Stock  Exchange  (the  "ASE").

1.2     VirtualSellers  agrees  to add registration of the VirtualSellers Shares
to  any  other  share  registration  that  it  may  file  with the Unites States
Securities  and  Exchange  Commission  (the  "SEC")  during the next twelve (12)
months.

1.3     Eccles  acknowledges that the Settlement Shares will be subject to a one
year hold period, commencing from the date of issuance of the Settlement Shares,
unless the Settlement Shares are registered with the SEC prior to the expiration
of  such  hold  period.

1.4     The  Company  hereby  agrees  to sell (the "CallDirect Sale") and Eccles
agrees  to  purchase  all  of  the  issued  and outstanding common shares in the
capital  of  CallDirect  to Eccles in consideration of the sum of $1.00.  Eccles
hereby  agrees  to  change to corporate name of CallDirect within 45 days of the
completion  of  the  CallDirect  Sale  to Eccles.  The Company and Eccles hereby
agree  to execute and deliver all such further documents, do or cause to be done
all such further acts and things, and give all such further assurances as may be
necessary  to  give  full  effect  to  CallDirect  Sale.

2.     CONFIDENTIAL  INFORMATION

2.1     "Confidential  Information"  shall  mean,  for  the  purposes  of  this
Agreement, non-public information regarding the Company, its subsidiaries, their
respective  businesses  and  management  which,  under  the circumstances, ought
reasonably  to  be  treated  as  confidential.

2.2     Within  ten  (10)  days of the execution of this Agreement, Eccles shall
return  all originals, copies, reproductions and summaries of or relating to the
Confidential  Information  to  the  Company.

2.3     Eccles  hereby agrees, at any time before or after the execution of this
Agreement, that he has not and will not disclose any Confidential Information to
third  parties  except  as  provided  herein.  Eccles  may disclose Confidential

<PAGE>

Information  in  accordance  with judicial or other governmental order, provided
that he shall give reasonable notice to the Company prior to such disclosure and
shall  comply  with  any  applicable  protective  order  or  equivalent.

2.4     Eccles hereby agrees, at any time after the execution of this Agreement,
that  he  will  not utilize, in anyway whatsoever, the Confidential Information.

3.     NON-COMPETITION  CLAUSE

3.1     Eccles  agrees with and for the benefit of the Company, its subsidiaries
and  VirtualSellers  that, for a period of three (3) years from the date of this
Agreement,  he  will  not  for  any reason, directly or indirectly, either as an
individual  or  as  a  partner  or  joint venturer or as an employee, principal,
consultant,  agent,  shareholder,  officer,  director,  or  salesperson  for any
person,  firm,  association, organization, syndicate, company or corporation, or
in  any  manner  carry on, be engaged in, concerned with, interested in, advise,
lend  money  to,  guarantee  the debts or obligations of, permit his name or any
part  of  it  to be used or employed by any person, business, firm, association,
syndicate,  company,  organization  or  corporation concerned with or engaged or
interested in a business which is the same as, or competitive with, the business
of  the  Company  or  its  subsidiaries  within British Columbia nor will Eccles
solicit  or  accept  business with respect to products competitive with those of
the  Company  or  its  subsidiaries  or  from  any  of  the  Company's  or  its
subsidiaries'  customers,  wherever  situate;  provided  that  Eccles  shall  be
entitled,  for  investment  purposes,  to  purchase and trade shares of a public
company  which  are listed and posted for trading on a recognized stock exchange
and the business of which public company may be in competition with the business
of  the  Company or its subsidiaries, provided that Eccles shall not directly or
indirectly,  own  more  than  10%  of  the  issued  share capital of such public
company,  or  participate  in  its  management  or  operation or in any advisory
capacity.

3.2     Eccles  further  agrees  that, during the currency of this Agreement, it
will  not  hire  or take away or cause to be hired or taken away any employee of
the  Company  or  its  subsidiaries.

4.     RESIGNATION,  REMUNERATION,  CANCELLATION  OF  STOCK  OPTIONS

4.1     Eccles  agrees  to  resign,  effective  on  the date of the issuance and
delivery of the Settlement Shares, from all positions as a director, officer and
employee  of  the  Company  and  its  subsidiaries.  For  the  purposes  of this
paragraph  4.1,  Eccles  agrees  to  execute  the resignation attached hereto as
Schedule  "A".

4.2     Upon  execution  of  this Agreement, Eccles acknowledges and agrees that
all  remuneration  and  compensation  payable  to  him  by  the  Company and its
subsidiaries will be suspended immediately, unless a new consulting agreement is
subsequently  entered  into  among  Eccles  and  the  Company.

4.3     Eccles  acknowledges  and  consents to the immediate cancellation of any
and  all  common  shares  in the capital of the Company which are held in escrow
(the  "Escrow  Shares")  on his behalf.  For the purposes of this paragraph 4.3,
Eccles agrees to execute the Consent to Cancellation attached hereto as Schedule
"B".

<PAGE>

4.4     The  Company  will  forthwith  take  all  steps  necessary to obtain the
approval  of  the  ASE  for  the  cancellation  of  the  Escrow  Shares.

4.5     Eccles  acknowledges  and  consents to the immediate cancellation of any
and  all  incentive  stock options (the "Options") he may hold in the capital of
the  Company  or  its  subsidiaries.

4.6     Eccles hereby appoints the President of the Company as his attorney with
power  to  execute  any  and  all documents regarding cancellation of the Escrow
Shares  and the Options and any other documents necessary to give effect to this
Agreement.

5.     RELEASE  OF  THE  COMPANY

5.1     Eccles hereby agrees that, upon delivery to him of the Settlement Shares
by  the  Company in accordance with the provisions of this Agreement, all claims
in  connection  with the Services and Loans (other than any claims in connection
with  certain  consulting  services  provided  by  Eccles to the Company and its
subsidiaries  between  May  1, 1999 and August 31, 1999, the aggregate amount of
which  is not to exceed $13,500.00) will be fully satisfied and extinguished and
Eccles  will  remise,  release and forever discharge the Company, VirtualSellers
and  their  respective  subsidiaries  and  any  of  their  respective directors,
officers  and  employees  from  any and all manner of actions, causes of action,
suits,  debts,  sums  of money, due accounts, dues, bonds, covenants, contracts,
claims,  demands,  damages, costs, expenses and any and all legal obligations of
any  and  every  kind  and  nature  whatsoever, at law or in equity or under any
statute, whether known or unknown, suspected or unsuspected and which Eccles had
or  may  now have or which he hereafter may have for or by reason of any matter,
cause  or  thing and, in particular, but without limitation, for or by reason of
any  matter, cause or thing which has been or may be sustained in consequence of
Eccles'  relationship  with  the  Company  and  its  subsidiaries as a director,
officer,  consultant,  agent,  employee  or  shareholder.

5.2     Eccles  acknowledges  that  in making this Agreement he has been advised
and  has had an opportunity to obtain independent legal advice, he has exercised
his  own  independent  judgment  and  he  has  not been influenced to any extent
whatsoever  by  any  representations,  statements  or conduct of any description
whatever  on  the  part  of  any  other  parties  to  this  Agreement.

6.     GENERAL

6.1     Except  as  herein  otherwise  provided,  no  subsequent  alteration,
amendment, change or addition to this Agreement will be binding upon the parties
hereto  unless  reduced  to  writing  and  signed  by  the  parties.

6.2     This  Agreement  will  enure  to  the benefit of and be binding upon the
parties  and  their respective heirs, executors, administrators, successors, and
assigns.

6.3     The  parties  will execute and deliver all such further documents, do or
cause  to  be  done  all such further acts and things, and give all such further
assurances  as may be necessary to give full effect to the provisions and intent
of  this  Agreement.

<PAGE>

6.4     This  Agreement will be governed by and construed in accordance with the
law  of  British  Columbia.

6.5     Any  notice  required or permitted to be given under this Agreement will
be  in  writing  and may be given by delivering, sending by electronic facsimile
transmission  or  other means of electronic communication capable of producing a
printed  copy,  or  sending  by prepaid registered mail posted in Canada and the
United  States,  the notice to the addresses set forth on the first page of this
agreement (or to such other address or facsimile number as any party may specify
by  notice  in  writing  to  another  party).  Any  notice  delivered or sent by
electronic  facsimile  transmission  or  other means of electronic communication
capable  of  producing  a  printed  copy  on  a  business  day  will  be  deemed
conclusively to have been effectively given on the day the notice was delivered,
or  the transmission was sent successfully, as the case may be.  Any notice sent
by  prepaid registered mail will be deemed conclusively to have been effectively
given  on the third business day after posting; but if at the time of posting or
between  the  time  of  posting and the third business day thereafter there is a
strike,  lockout, or other labour disturbance affecting postal service, then the
notice  will  not  be  effectively  given  until  actually  delivered.

6.6     This  Agreement  may  be executed in several counterparts, each of which
will  be  deemed to be an original and all of which will together constitute one
and  the  same  instrument.

6.7     The  provisions herein contained constitute the entire agreement between
the  parties  and  supersede  all  previous  understandings,  communications,
representations  and  agreements, whether written or verbal, between the parties
with  respect  to  the  subject  matter  of  this  Agreement.

<PAGE>

6.8
In  this  Agreement, wherever the singular or masculine is used the same will be
deemed to include the plural, feminine or body politic or corporate and also the
successors  and assigns of the parties hereto and each of them where the context
of  the  parties  so  require.

IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day
and  year  first  above  written.

CALLDIRECT  CAPITAL  CORP.

Per: /s/ signed
     Authorized  Signatory

VIRTUALSELLERS.COM,  INC.

Per: /s/ Raymond Mol
     Authorized  Signatory

EXECUTED  by  R.  JOHN  ECCLES  in  the  )
presence  of:                            )
                                         )
/s/ Raymond Mol                          )
Signature                                )
Raymond Mol                              )
Print  Name                              )
9035 - 162A Street                       )
Address                                  )
Surrey, BC                               )
                                         )     /s/ R. John Eccles
Businessman                              )     -------------------
Occupation                               )     R.  JOHN  ECCLES

<PAGE>
                                  SCHEDULE "A"
                                  ------------

<PAGE>

                                   RESIGNATION
                                   -----------
TO:     CallDirect  Capital  Corp.  and  CallDirect  Enterprises  Inc.

The  undersigned,  R.  JOHN  ECCLES,  does hereby resign from all positions as a
director  and/or  officer of CallDirect Capital Corp. and CallDirect Enterprises
Inc.

DATED  this  -----  day  of  ----------------,  1999.

/s/ R. John Eccles
R.  JOHN  ECCLES

<PAGE>
                                  SCHEDULE "B"
                                  ------------

<PAGE>
September  ----,  1999

WHEN  USING  MULTI-ADDRESS  LTR  YOU  MUST  COPY  & PASTE ADDRESSES TO ENVELOPES

The  Alberta  Stock  Exchange
Stock  Exchange  Tower
10th  Floor,  300  Fifth  Avenue  S.W.     Alberta  Securities  Commission
Calgary,  Alberta  T2P  3C4                4th  Floor,  300  5th  Avenue  S.W.
                                           Calgary,  Alberta  T2P  3C4

CIBC  Mellon  Trust  Company
600  The  Dome  Tower
333-7th  Avenue  S.W.
6th  floor
Calgary,  Alberta
T2P  2Z1

Dear  Sirs:

Re:     CALLDIRECT  CAPITAL  CORP.  (the  "Company")
  -     --------------------------------------------

          I  am  the  beneficial  shareholder  of 3,400,000 escrow shares of the
Company.

          I  hereby  consent  to  the  outright cancellation of 3,400,000 escrow
shares  owned  by  me,  subject  to  regulatory  approval  as  required.

EXECUTED  THIS  -----  day  of  September,  1999.

EXECUTED  by  R.  JOHN  ECCLES  in  the  )
presence  of:                            )
                                         )
                                         )
Signature                                )
                                         )
Print  Name                              )
                                         )
Address                                  )
                                         )
                                         )
                                         )     -------------------
Occupation                               )     R.  JOHN  ECCLESVIRTUALSELLERS.COM, INC.
                      Suite 100 - 120 North LaSalle Street
                            Chicago, Illinois, 60602

Mr.  Dennis  Sinclair
Suite  903  -  195  Harbour  Drive
Chicago,  Illinois,  60602

Dear  Mr.  Sinclair:

          We  wish  to  confirm  the  terms  and conditions concerning your (the
"Executive")  employment  by VirtualSellers.com, Inc. and/or its successors (the
"Company").  The  terms  and  conditions  of the Executive's employment with the
Company  are  set  forth  below.

1.     Position  and  Responsibilities

(a)     The Executive shall have executive responsibility for the management and
development  of  the Company and its affiliates (collectively referred to as the
"VirtualSellers  Group").  The  Executive  acknowledges  that  the  Company  has
entered  into arrangements whereby it has agreed to procure management services,
including  those of the Executive, to the VirtualSellers Group and the Executive
therefore  agrees  to  provide his services to such affiliates of the Company as
may  be  directed  by  the  board  of  directors  of  the Company (the "Board of
Directors") from time to time.  In order to carry out such responsibilities, the
Executive  shall hold the office of the President and Chief Executive Officer of
the  Company  and  shall  be  a  director  of  the  Company  and its affiliates.

(b)     The  Executive shall fully and faithfully perform such duties and fulfil
such  obligations,  commensurate  with  such office, as shall be directed by the
Board  of Directors from time to time.  The Executive shall devote his full time
and  attention  using  his  best  efforts  to  apply his skill and experience to
perform  his duties hereunder and to promote the interests of the businesses and
projects  of  the  VirtualSellers Group provided that the Executive shall not be
precluded  from  pursuing other business interests or holding positions in other
companies  which  do not interfere with the Executive's ability to carry out his
responsibilities  hereunder, and do not otherwise contravene the requirements of
this  Agreement.

(c)     The  Executive's  business offices shall be located in Chicago, Illinois
or  in  such  other place or places as may be directed by the Board of Directors
from  time  to  time  in  order  to  effectively  carry  out the business of the
VirtualSellers  Group,  subject to the Executive's agreement, acting reasonably,
with  respect  to  any  changes  in  such  locations  determined by the Board of
Directors  following  the  date  hereof.

<PAGE>

2.     Term

(a)     The  term  of the Executive's employment pursuant to this Agreement (the
"Term")  shall  begin  on  January  1,  2000 (the "Commencement Date") and shall
continue  until  otherwise  terminated in accordance with the provisions of this
Agreement.

3.     Compensation

(a)     For  services  rendered  by  the  Executive  during  the  Term  of  this
Agreement,  the  Executive  shall  be  paid  a  salary, payable in equal monthly
instalments  at  the end of the month, at an annual rate of US$300,000, together
with  any annual bonuses (payable in cash and/or common shares in the capital of
the  Company)  as may be determined and awarded by the Board of Directors.  Such
salary shall be reviewed annually and may be increased at the sole discretion of
the  Board  of  Directors  taking  into  account, among other things, individual
performance  and  general  business  conditions.

(b)     All  payments  made  to  the  Executive  in connection with his services
hereunder  shall  be  subject  to, without limitation, all applicable income and
withholding  taxes,  if  any, and other applicable deductions and taxes.  If for
any  reason  any  amount  required  to  be  withheld  is  not so withheld at the
Executive's request, the Executive agrees to reimburse and indemnify the Company
for  any  taxes,  fines  or  costs  arising  therefrom.

4.     Benefits,  Perquisites  and  Business  Expenses

(a)     The  Executive shall be entitled to participate in the Stock Option Plan
of  the Company on such terms as may be determined by the Board of Directors and
in addition shall be entitled to those perquisites as mutually agreed upon, from
time  to  time,  by  the  Company  and  the Executive.  The Executive shall also
participate  in  all  employee  benefit  programs  made  generally  available to
employees  of  the  VirtualSellers  Group  from  time  to  time.

(b)     The Executive will be reimbursed for all reasonable expenses incurred by
him  in connection with the conduct of the business of the VirtualSellers Group.
Such  expenses  shall  be  reimbursed  within  30 days following presentation of
sufficient  evidence  of  such  expenditures  provided  such  expenditures  are
consistent  with the policies and directives of the Board of Directors from time
to  time.

5.     Vacation  and  Holidays

(a)     The  Executive  shall  be  entitled  to  ten  (10) days as deemed public
holidays  and,  in  addition,  to twenty business (20) days paid vacation during
each  year  of  the  Executive's  employment  hereunder.  Such vacation shall be
utilized  by  the Executive at such time or times as do not materially interfere
with  the  ongoing  conduct  of  the  Company's  business  and  operations.

<PAGE>

6.     Other  Compensation

(a)     In the event that the Company's Board of Directors directs the Executive
to  negotiate  the  terms  of any transfer, sale, merger, takeover, acquisition,
reorganization  or  consolidation of the Company (or all or substantially all of
the assets of the Company or the Company's shares) (each, a "Transaction"), then
the  Executive  will  be entitled to receive a bonus of one and one-half percent
(1.5%)  of  the  monetary  value  of  such  Transaction,  upon  approval  of the
Transaction by the Board of Directors.  The bonus is to be paid in common shares
in  the  capital of the Company based on the trading price of such common shares
immediately  prior  to  the  public  announcement  of  any  such  Transaction.

7.     Termination  of  Employment

(a)     The Company shall be entitled to terminate the Executive's employment at
any  time  without  cause by giving the Executive twenty-four (24) months' prior
written  notice  of  the termination of the Executive's employment or in lieu of
such  notice either by (i) payment to the Executive, within ten (10) days of the
date  of  termination  of  the  Executive's  employment,  an  amount  equal  to
twenty-four  (24)  months  of  the  Executive's  monthly salary payments or (ii)
continuing  the Executive's monthly salary payments, for a period of twenty-four
months from the date of termination of the Executive's employment.  In the event
of  termination  of  the  Executive's  employment  hereunder  without cause, the
Executive  shall  be  immediately  relieved  of  all of his responsibilities and
authorities  as  an  officer,  director  and  employee  of  the  Company and the
VirtualSellers  Group effective as of the date of termination of the Executive's
employment fixed by the Company.  In the event of termination of the Executive's
employment  without  cause  or  notice, the rights and benefits of the Executive
under  employee  benefit  plans  and programs of the VirtualSellers Group (other
than rights under the Stock Option Plan of the Company) shall, unless prohibited
by  the  relevant  plan, be continued for the twenty-four month period following
the  date  of termination of the Executive's employment.  If any such benefit or
program  cannot  be  continued  for such twenty-four month period, the Executive
shall  be entitled to receive a cash payment equal to the value of such benefits
for  such  period.  The  Executive's  rights  under the Stock Option Plan of the
Company  shall  be  determined in accordance with the terms of such plan and any
options  granted  to  the  Executive.

(b)     The Company shall be entitled to terminate the Executive's employment at
any time for cause without notice and without any payment in lieu of notice.  In
the  event  of  a  termination  of  the  Executive's  employment  for cause, the
Company's  obligations  hereunder  shall immediately cease and terminate and the
Executive  shall  be  immediately  relieved  of  all of his responsibilities and
authorities  as  an  officer, director and employee of the VirtualSellers Group,
and  in  such an event there will be no continued salary payments by the Company
to  the  Executive  and  any rights and benefits of the Executive under employee
benefit  plans  and  programs  of  the  Company  will  immediately  terminate in
accordance  with  the  terms  of  such plans and programs.  For purposes of this
paragraph  7(b)  and  of  the

<PAGE>

Executive's  employment  with  the  Company,  "cause"  shall  include,  without
limitation,  the  following  circumstances:

(i)     the Executive has committed a criminal offence involving moral turpitude
or  has  improperly  enriched  himself  at  the  expense  of  the  Company;

(ii)     the  Executive,  in  carrying  out  his  duties hereunder, (i) has been
wilfully  and  grossly  negligent,  or  (ii)  has  committed  wilful  and  gross
misconduct  or, (iii) has failed to comply with an instruction or directive from
the  Board  of  Directors  (and  which is not otherwise cured within thirty (30)
days);

(iii)     the  Executive  has  breached  a  material term of this Agreement (and
which  is  not  otherwise  cured  within  thirty  (30)  days);

(iv)     the  Executive  becomes  bankrupt or in the event a receiving order (or
any  analogous  order under any applicable law) is made against the Executive or
in  the  event the Executive makes any general disposition or assignment for the
benefit  of  his  creditors;  or

(v)     the  Executive  shall  be  diagnosed  as  being  afflicted  by  chronic
alcoholism  or  drug  addiction.

(c)     Termination  of  the Executive's employment for cause shall be effective
upon  the date of the notice of termination given to the Executive and the lapse
of  any  applicable  cure  period  without remedy of the matters set out in such
notice.

(d)     The  Executive's  employment  shall terminate automatically upon written
notice  from the Company in the event of the Executive's absence or inability to
render the services required hereunder due to disability, illness, incapacity or
otherwise  for  an  aggregate of one hundred eighty (180) days during any twelve
(12)  month  period  of  the  Term,  provided  that  such  disability,  illness,
incapacity  or other cause has not occurred during the execution of the business
of  the VirtualSellers Group by the Executive.  In the event of any such absence
or  inability,  the  Executive  shall  be  entitled  to receive the compensation
provided  for  herein  for  the  first  ninety (90) days thereof, whereafter the
Executive shall only be entitled to receive such compensation, if any, as may be
determined  by  the  Board  of  Directors.

(e)     In  the  event  of  the  death  of the Executive during the Term of this
Agreement, the Executive's salary will be paid to the Executive's spouse through
the  end  of  the third month following the month in which the Executive's death
occurs.  Rights  and  benefits of the Executive under employee benefit plans and
programs  of  the  Company,  including  life  insurance,  will  be determined in
accordance  with  the  terms  and  conditions  of  such  plans  and  programs.

(f)     The  Executive  agrees  that, upon termination of his employment for any
reason  whatsoever,  the Executive shall thereupon be deemed to have immediately
resigned any position the Executive may have as an officer, director or employee

<PAGE>

of  the  Company  together with any other office, position or directorship which
the  Executive may hold with any of the Company's affiliates or related entities
in the VirtualSellers Group, including without limitation, the Company.  In such
event, the Executive shall, at the request of the Company, forthwith execute any
and  all  documents  appropriate  to  evidence such resignations.  The Executive
shall  not  be  entitled  to  any  payments  in  respect of such resignations in
addition  to  those  provided  herein.

(g)     It  is  expressly  agreed  that  notwithstanding  termination  of  the
Executive's  employment  Company for any reason or cause or in any circumstances
whatsoever,  such  termination  shall  be  without  prejudice  to the rights and
obligations  of  the  Executive  and the Company respectively in relation to the
time  up  to  and  including  the  date  of  termination  and  the provisions of
paragraphs 3(b), 7, 8, 9 and 10 of this Agreement, all of which shall remain and
continue  in  full  force  and  effect.

8.     Change  of  Control

(a)     As  used  in this paragraph 8, a "Change of Control" shall have occurred
when:

(i)     any  person,  corporation, company or other entity or combination of any
such  persons, corporations, companies or other entities acquires or becomes the
beneficial  owner of, directly or indirectly, whether through the acquisition of
previously  issued  and  outstanding  voting  securities or of voting securities
which  have  not been previously issued, or any combination thereof or any other
transaction  having  a  similar effect, a sufficient number of securities of the
Company  to  affect  materially the control of the Company or 20% or more of the
voting  securities  of  the  Company;

(ii)     any  resolution  is  passed  or  any action or proceeding is taken with
respect  to  the  liquidation,  dissolution  or  winding-up  of  the  Company;

(iii)     20%  or  more  of  the issued and outstanding voting securities of the
Company  become  subject  to  a  voting  trust;

(iv)     the  Company consolidates or merges with or into, amalgamates or enters
into a statutory arrangement with any other corporation, company or other entity
(other  than  a  wholly-owned or majority controlled subsidiary of the Company);

(v)     the  Company  sells,  leases or otherwise disposes of property or assets
aggregating  more than 50% of the consolidated assets of the Company measured by
book  or  fair  market  value,  whether  pursuant  to  one or more transactions;

(vi)     any  person,  corporation, company or other entity not part of existing
management  of  the  Company  or  any  person,  corporation,  company  or

<PAGE>

other  entity  not  controlled  by  the Company or any affiliate of the Company,
enters  into  any arrangement to provide all or substantially all the management
services  to  the  Company;

(vii)     there shall be a change in a majority of the board of directors of the
Company  whether  as  a  result  of  a  shareholders  meeting  or as a result of
appointments  made in filling vacancies caused by resignations of members of the
board  of  directors;  or

(viii)     the  Company  enters  into any transaction or arrangement which would
have  the  same  or  similar effect as the transactions referred to in paragraph
7(a)(ii),  (iii),  (iv),  (v)  or  (vi)  above.

(b)     If  a  Change  in  Control  occurs:

(i)     for  a  period  of  six  (6)  months following the date of the Change of
Control,  the Executive shall have the right to elect that the Change of Control
is  a  termination  of his employment by the Company which shall be deemed to be
termination  of the Executive's employment without cause by the Company.  If the
Executive notifies the Company of this election in writing, or in the event that
the Company shall terminate the Executive's employment without cause during such
period  of  six  (6)  months  following  the  date of the Change of Control, the
Executive  shall  be  entitled  to  receive  and  the  Company  shall pay to the
Executive  (a)  an  additional severance payment of US$600,000 and (b) 1,000,000
common  shares  in  the  capital  of  the Company.  The payments set out in this
paragraph  8 are in addition to any other rights provided hereunder with respect
to  termination  of  the Executive's employment without cause.  If the Executive
does  not  elect  termination,  this  Agreement  will continue in full force and
effect  in  accordance  with  its  terms.

9.     Non-Competition  and  Non-Solicitation

(a)     The  Executive  agrees  that  during  the  period  of  the  Executive's
employment with the Company and for a period of twelve (12) months from the last
payment of compensation to the Executive by the Company, the Executive shall not
engage  in  or  participate  in any business activity that competes, directly or
indirectly,  with  the  businesses  of  the  VirtualSellers  Group.

(b)     Notwithstanding  anything to the contrary contained herein the Executive
may,  without  being  deemed  to  compete,  directly  or  indirectly,  with  the
businesses of the VirtualSellers Group own not more than twenty percent (20%) of
any  class  of  the  outstanding  securities  of  any  corporation  listed  on a
securities  exchange  or  traded  in  the  over-the-counter  market.

(c)     The  Executive  agrees that for a period of twelve (12) months following
the  termination  of  the  Executive's employment and the Company for any reason
whatsoever,  the  Executive  will  not,  whether  as principal, agent, employee,

<PAGE>

employer,  director,  officer,  shareholder  or  in  any  other  individual  or
representative  capacity, solicit or attempt to retain in any way whatsoever any
of  the  employees of the Company or the VirtualSellers Group, provided however,
that the Executive shall not be precluded from soliciting or retaining employees
of  the Company or the VirtualSellers Group in the event of a termination of the
Executive's  employment  as  a result of a material breach by the Company of the
provisions of this Agreement, or in the event that the Executive's employment is
terminated  or  deemed  to be terminated by the Company without cause (including
without  limitation,  pursuant  to  paragraph  8  hereof).

(d)     It  is  the  desire and the intent of the parties that the provisions of
this  paragraph  9  shall be enforceable to the fullest extent permissible under
the  laws  and public policies applied in each jurisdiction in which enforcement
is  sought.  Accordingly,  if  any  particular  portion  of  this paragraph 9 is
adjudicated unenforceable in any jurisdiction such adjudication shall apply only
in  that  particular  jurisdiction  in  which  such  adjudication  is  made.

10.     Confidential  Information

(a)     The  Executive  agrees  not  to  disclose  either while in the Company's
employ  or  at  any  time  thereafter  to  any  person  not  employed  by  the
VirtualSellers  Group  or  not  engaged to render services to the VirtualSellers
Group,  any  trade  secrets  or  confidential  information of or relating to the
VirtualSellers  Group  or  its businesses obtained by the Executive while in the
employ of the Company; provided, however, that this provision shall not preclude
the  Executive  from  these  or disclosure of information known generally to the
public (other than that which the Executive may have disclosed in breach of this
Agreement)  or  of  information  required  to be disclosed by law or court order
applicable  to  the  Executive  or information authorized to be disclosed by the
Board  of  Directors.

(b)     The  Executive  also  agrees that upon leaving the Company's employ, the
Executive  will  not  take,  without  the  prior written consent of the Board of
Directors  of  the  Company,  originals  or  copies  of  any drawing, blueprint,
specification, report, shareholder list, or other document belonging or relating
to  the  VirtualSellers  Group.

11.     Independent  Advice

(a)     This  Agreement  was  prepared  by  the Company.  The Executive has been
asked  to  obtain independent legal advice before signing this Agreement and the
Executive  represents by signing this Agreement that he has either obtained such
advice  or  waived  such  advice.

12.     Counterparts  and  by  Facsimile

(a)     This  Agreement  may  be  executed  in  one  or  more  counterparts, any
counterpart  delivered  via  facsimile shall be deemed an original, and all such
counterparts,  taken  together,  shall  constitute  one and the same instrument.

<PAGE>

13.     Further  Assurances

(a)     Each  of the Company and the Executive agrees to make, do and execute or
cause  to  be  made,  done and executed all such further and other things, acts,
deeds,  documents,  assignments and assurances as may be necessary or reasonably
required  to  carry  out  the  intent  and  purpose  of this Agreement fully and
effectually.  Without  limiting  the  generality  of  the foregoing, the Company
shall  take  all  reasonable steps in order to structure the payment or payments
provided  for in this Agreement in the manner most advantageous to the Executive
with  respect  to  the  provisions  of  the  Income  Tax Act (Canada) or similar
legislation  in  place  in  the  jurisdiction  of  residence  of  the Executive.

14.     Severability

(a)     Any  provision of this Agreement which contravenes any applicable law or
which is found to be unenforceable shall, to the extent of such contravention or
unenforceability,  be  deemed severable and shall not cause this Agreement to be
held  invalid  or  unenforceable  or affect any other provision or provisions of
this  Agreement.

15.     Notices

(a)     Any  notices,  requests, demands or other communications provided for by
this  Agreement  shall be in writing and shall be sufficiently given when and if
mailed  by  registered  or  certified  mail,  return  receipt requested, postage
prepaid,  or sent by personal delivery, overnight courier or by facsimile to the
party  entitled thereto at the address stated at the beginning of this Agreement
or  at  such  other address as the parties may have specified by similar notice.

(b)     Any  such  notice  shall  be  deemed delivered on the fifth business day
following  the mailing thereof if delivered by prepaid post or if given by means
of  personal  delivery  on  the  day of delivery thereof or if given by means of
overnight  courier or facsimile transmission on the first business day following
the  dispatch  thereof.

16.     Entire  Agreement

(a)     This  Agreement contains the entire agreement between the parties hereto
with  respect  to  matters  herein  and  supersedes  all  prior  agreement  and
understandings,  oral  or  written,  between the parties hereto relating to such
matters.

17.     Assignment

(a)     Except  as  herein  expressly  provided,  the  respective  rights  and
obligations  of  the Executive and the Company under this Agreement shall not be
assignable  by  either  party without the written consent of the other party and
shall, subject to the foregoing, enure to the benefit of and be binding upon the
Executive  and  the  Company and their permitted successors or assigns.  Nothing
herein  expressed  or

<PAGE>

implied  is  intended  to confer on any person other than the parties hereto any
rights,  remedies,  obligations  or  liabilities  under  or  by  reason  of this
Agreement.

18.     Applicable  Law

(a)     This  Agreement  shall  be deemed a contract under, and for all purposes
shall  be governed by and construed in accordance with, the laws of the State of
Illinois.  Each  of  the  parties hereto hereby irrevocably submit and attorn to
the  non-exclusive  jurisdiction  of  the courts of Illinois with respect to any
proceedings  brought  in respect of this Agreement or the subject matter hereof.

19.     Amendment  or  Modification;  Waiver

(a)     No  provision  of  this  Agreement  may be amended or waived unless such
amendment  or  waiver  is  authorized  by  the Company (including any authorized
officer  or  committee  of the Board of Directors) and is in a writing signed by
the  Executive  and  by  a  duly  authorized  officer of the Company.  Except as
otherwise  specifically  provided  in  this Agreement, no waiver by either party
hereto  of  any  breach by the other party of any condition or provision of this
Agreement  to  be  performed  by  such other party shall be deemed a waiver of a
similar  or dissimilar breach, condition or provision at the same time or at any
prior  or  subsequent  time.

20.     Currency

(a)     Unless  otherwise  provided,  all  dollar  amounts  referred  to in this
Agreement  are  in  lawful  money  of  the  United  States.

          If  you  are  in  agreement  with  the foregoing terms and conditions,
please  confirm  your acceptance by signing and returning the enclosed duplicate
copy  of  this  correspondence.

VIRTUALSELLERS.COM,  INC.

Per:     /s/  Raymond  Mol
         -----------------
     Authorized  Signatory

Accepted  and  agreed  as  of  the  1st  day  of  January,  2000.

Per:     /s/  Dennis  Sinclair
         ---------------------
              Dennis  Sinclair

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