Document:

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                                                                   EXHIBIT 10.44

                              EMPLOYMENT AGREEMENT

                  This Agreement is made as of the 10th day of March, 2000
between IGS Acquisition Corporation, a Texas corporation, with offices at 12200
Stemmons, Suite 315, Dallas, Texas 75234 (the "Company"), and David Link, an
individual residing in the State of Texas (the "Employee").

                                    RECITALS

                  WHEREAS, the Company desires to secure the services and
employment of the Employee on behalf of the Company, and the Employee desires to
enter into employment with the Company, upon the terms and conditions
hereinafter set forth.

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

                  1. Employment. The Company hereby employs the Employee as
Chief Executive Officer of the Company, and the Employee accepts such employment
for the term of employment specified in Section 3 below. During the Employment
Term (as defined below), the Employee shall serve as Chief Executive Officer,
performing such duties as shall be reasonably required of such an employee of
the Company, and shall have such other powers and perform such other additional
executive duties as may from time to time be assigned to him by the Board of
Directors of the Company. The Company acknowledges that the Employee's primary
place of business shall be Dallas, Texas and the Employee acknowledges that in
performance of his duties hereunder, the Employee shall be required to travel to
the Company's facilities located throughout the United States.

                  2. Performance. The Employee will serve the Company faithfully
and to the best of his ability and will devote substantially all of his time,
energy, experience and talents during regular business hours and as otherwise
reasonably necessary to such employment, to the exclusion of all other business
activities.

                  3. Employment Term. The employment term shall begin on the
date of this Agreement and continue until and as set forth on Schedule 3, unless
earlier terminated pursuant to Section 6 below (the "Employment Term").

                  4. Compensation.

                  (a) Salary. During the Employment Term, the Company shall pay
the Employee the base salary set forth on Schedule 4(a), with such increases
thereto as shall be in the sole discretion of the Board of Directors of the
Company. The base salary shall be payable in accordance with current Company
procedures and shall be subject to applicable withholding for taxes and the base
salary shall not be decreased by any amount or for any reason other than
pursuant to Section 7.

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                  (b) Incentive Cash Compensation. For each fiscal year of the
Company or portion thereof during the Employment Term, the Employee shall be
eligible for discretionary bonuses payable by the Company on such terms and
conditions, and subject to such standards, as shall be determined from time to
time, in the sole discretion of the Board of Directors or the compensation
committee of the Company.

                  (c) Stock Options and Other Non-Cash Incentive Compensation.

                      (i) During the Employment Term, the Employee shall be
eligible for discretionary non-cash awards pursuant to the Company's stock
incentive plan and payable by the Company on such terms and conditions, and
subject to such standards, as shall be determined from time to time, in the sole
discretion of the Board of Directors or the compensation committee of the
Company. All awards referred to in this Section 4(c)(i) shall have the terms and
conditions as set forth in any award agreement pursuant to which such non-cash
awards are granted. All awards will immediately vest upon the following
enumerated events: (1) the Company terminates the Employee's employment
hereunder without "cause" as provided in Section 6(c), or (2) the Employee
terminates his employment hereunder for Good Reason as provided in Section 6(e).

                      (ii) During the Employment Term, the Employee shall be
eligible to participate in the Company's 1999 Omnibus Securities Plan adopted
and approved as of September 22, 1999, as amended October 14, 1999, and to
receive awards of options thereunder issued by the Company on such terms and
conditions, and subject to such standards, as shall be determined from time to
time, in the sole discretion of the Board of Directors or the compensation
committee of the Company. All awards will immediately vest upon the following
enumerated events: (1) the Company terminates the Employee's employment
hereunder without "cause" as provided in Section 6(c), (2) the Employee
terminates his employment hereunder for Good Reason as provided in Section 6(e)
or (3) a Change in Control occurs.

                  (d) Medical and Dental Health and Other Benefits. During the
Employment Term, the Employee shall be entitled to medical and dental health and
other benefits in accordance with the current Company procedures with respect to
its executive level employees.

                  (e) Vacation; Sick Leave. During the Employment Term, the
Employee shall be entitled to up to four weeks of vacation and shall be entitled
to sick leave in accordance with the current Company procedures with respect to
its executive level employees.

                  (f) For purposes of this Section 4, the term "Change in
Control" shall mean the occurrence of any of the following: (1) any "person" as
such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of
1934 ("Act") (other than (a) Permitted Assignees, (b) the Company, (c) any
trustee or other fiduciary holding securities under any employee benefit plan of
the Company, (d) any company owned, directly or indirectly, by the stockholders
of the Company in substantially the same proportions as their ownership of
common stock of the Company, or (e) any entity holding non-participating shares
of an entity which is a stockholder of the Company or which owns or controls,
directly or indirectly, a stockholder of the Company) is or becomes the
"beneficial owner" (as defined in Rule 13d-3 under the Act), directly or

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indirectly, of securities of the Company representing fifty percent (50%) or
more of the combined voting power of the Company's then outstanding securities.
"Permitted Assignees" shall mean the holders of the equity securities (whether
or not voting) of any shareholder of the Company owning more than fifteen
percent (15%) of the Company on the date after the date of execution of this
Agreement; (2) during any period of two (2) consecutive years, individuals who
at the beginning of such period constitute the Board of Directors of the
Company, and any new director (other than a director designated by a person who
has entered into an agreement with the Company to effect a transaction described
in clause (1), (3), or (4) of this paragraph) whose election by the Board of
Directors of the Company or nomination for election by the Company's
stockholders was approved by a vote of at least two-thirds of the directors then
still in office who either were directors at the beginning of the two-year
period or whose election or nomination for election was previously so approved,
cease for any reason to constitute at least a majority of the Board of Directors
of the Company; (3) a merger or consolidation of the Company with any other
corporation, other than a merger or consolidation which would result in the
voting securities of the Company outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted
into voting securities of the surviving entity) more than fifty percent (50%) of
the combined voting power of the voting securities of the Company or such
surviving entity outstanding immediately after such merger or consolidation;
provided, however, that a merger or consolidation effected to implement a
recapitalization of the Company (or similar transaction) in which no person
acquires more than fifty percent (50%) of the combined voting power of the
Company's then outstanding securities shall not constitute a Change in Control
of the Company; and provided, further, a merger or consolidation in which the
Company is the surviving entity (other than as a wholly owned subsidiary or
another entity) and in which the Board of Directors of the Company after giving
effect to the merger or consolidation is comprised of a majority of members who
are either (x) directors of the Company immediately preceding the merger or
consolidation, or (y) appointed to the Board of Directors of the Company by the
Company (or its Board of Directors) as an integral part of such merger or
consolidation, shall not constitute a Change in Control of the Company; or (4)
the stockholders of the Company approve a plan of complete liquidation of the
Company or the sale or disposition by the Company of all or substantially all of
the Company's assets other than (x) the sale or disposition of all or
substantially all of the assets of the Company to a person or persons who
beneficially own, directly or indirectly, at least fifty percent (50%) or more
of the combined voting power of the outstanding voting securities of the Company
at the time of the sale or (y) pursuant to a dividend in kind or spinoff type
transactions, directly or indirectly, of such assets to the stockholders of the
Company.

                  5. Expenses. The Employee shall be reimbursed by the Company
for all reasonable expenses incurred by him in connection with the performance
of his duties hereunder in accordance with policies established by the Board of
Directors of the Company from time to time and upon receipt of appropriate
documentation.

                  6. Termination. The employment of the Employee hereunder shall
automatically terminate at the end of the Employment Term. The employment of the
Employee hereunder may also be terminated prior to the end of the Employment
Term under the following circumstances:

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                  (a) Death or Disability. The Employment Term shall terminate
upon the death or Disability of the Employee. For purposes of this Agreement,
"Disability" occurs if the Employee is unable to perform his duties, pursuant to
this Agreement, on a full-time basis because of mental or physical incapacity,
including, without limitation, alcoholism or drug abuse, which requires a leave
of absence in excess of 90 days during any calendar year. In the event the
Employee is a "Qualified Individual with a Disability", as defined in the
Americans with Disabilities Act, the Company shall not terminate the Employee's
employment hereunder if the Employee is able to perform the essential functions
of the Employee's job with reasonable accommodation from the Company.

                  (b) With "Cause." For purposes of this Agreement, the Company
shall have "Cause" to terminate the Employee's employment hereunder upon the
occurrence of any of the following: (i) embezzlement, theft or other
misappropriation of any property of the Company or any of its subsidiaries by
the Employee, (ii) gross or willful misconduct by the Employee resulting in
substantial loss to the Company or any of its subsidiaries or substantial damage
to the reputation of the Company or any of its subsidiaries, (iii) any act by
the Employee involving moral turpitude which results in a conviction of, or a
pleading nolo contendere to, a felony or other crime involving moral turpitude,
fraud or misrepresentation, (iv) willful and continued failure or neglect by the
Employee to substantially perform his assigned duties to the Company or any of
its subsidiaries, (v) gross breach of the Employee's fiduciary obligations to
the Company or any of its subsidiaries, (vi) any chemical dependence which
materially affects the performance of the Employee's duties and responsibilities
to the Company or any of its subsidiaries, or (vii) commission of a felony or a
crime by the Employee involving moral turpitude or the commission of any other
significant act by the Employee involving dishonesty, disloyalty or fraud with
respect to the Company; provided that in the case of the misconduct set forth in
clauses (iv) and (vi) above, such misconduct shall continue for a period of 15
days following written notice thereof by the Company to the Employee.

                  (c) Without "Cause." Notwithstanding any provisions of this
Agreement to the contrary, the Company may terminate the Employee's employment
hereunder for any reason other than those specified in the foregoing paragraphs
(a) and (b), or for no reason, at any time during the Employment Term, effective
upon delivery of two (2) day's notice by the Company.

                  (d) Voluntary resignation. The Employee may terminate his
employment hereunder at any time during the Employment Term subject only to the
requirement that the Employee shall provide the Company with a minimum of thirty
(30) days prior written notice.

                  (e) With "Good Reason." Notwithstanding any provision of this
Agreement to the contrary, the Employee may terminate his employment hereunder
for Good Reason, subject to the requirement that the Employee shall provide the
Company with a minimum of two (2) weeks prior written notice. For purposes of
this Agreement, the Employee shall have "Good Reason" to terminate his
employment hereunder upon the occurrence, without the Employee's written
consent, of any of the following: (i) a significant change in the nature or
scope of the Employee's duties from those described in Section 1 above,
including a material demotion or any assignment of duties materially and
adversely inconsistent with Employee's position as Chief Executive Officer
(except in connection with the termination of Employee's employment for

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Cause or due to Disability or as a result of Employee's death, or temporarily as
a result of Employee's illness or other absence); (ii) a failure by the Company
to pay to the Employee any amounts due under this Agreement in accordance with
the terms hereof, which failure is not cured within fifteen (15) days following
receipt by the Company of notice from the Employee of such failure; (iii) any
other material breach by the Company of this Agreement that remains uncured for
fifteen (15) days after written notice thereof by the Employee to the Company;
or (iv) if the Company requires the Employee to relocate to an area more than
twenty-five (25) miles from the location of his office immediately prior to the
date first written above, and the Employee declines to so relocate.

                  7. Compensation upon Termination. The Employee shall be
entitled to the following compensation from the Company, in lieu of all other
sums owed or payable to the Employee hereunder, upon the termination of the
Employee's employment during the Employment Term of this Agreement.

                  (a) Death or Disability. In the event of the death or
Disability of the Employee during the Employment Term, except for amounts of
base salary and accrued vacation time earned by the Employee as of the date of
termination but not yet paid by the Company, the Company shall have no
obligation to make payments to the Employee or his estate, in accordance with
the provisions of Section 4 or otherwise, for the periods after the date the
Employee's employment with the Company terminates on account of death or
Disability.

                  (b) With Cause. In the event that the Employee's employment is
terminated by the Company for Cause, except for the amounts of base salary and
accrued vacation time earned by the Employee as of the date of termination but
not yet paid by the Company, the Company shall have no obligation to make
payments to the Employee, in accordance with the provisions of Section 4 or
otherwise, for the periods after the date the Employee's employment with the
Company terminates.

                  (c) Without Cause. In the event that the Employee's employment
is terminated by the Company without Cause at any time during the Employment
Term, or in the event the Company gives the Employee written notice, as provided
in Schedule 3, that the Company does not intend to extend the Employment Term
upon the current expiration date thereof, the Employee shall be entitled to
receive upon delivery to the Company of a general release and waiver releasing
the Company of all claims of the Employee (1) an amount equal to his base
salary, then in effect, for the remainder of the Employment Term or for six
months, whichever is longer (the "Severance Period"), such amount to be payable,
at the Company's option, in a lump sum on the date of termination or the date on
which the Employment Term expires, as the case may be, or ratably over the
Severance Period and (2) the amounts of base salary and accrued vacation time
earned by the Employee as of the date of termination but not yet paid by the
Company pursuant to Section 4.

                  (d) Voluntary Resignation. In the event that the Employee's
employment is terminated by the Employee pursuant to Section 6(d), except for
amounts of base salary and accrued vacation time earned by the Employee as of
the date of termination but not yet paid by the Company pursuant to Section 4,
the Company shall have no obligation to make payments to

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the Employee, in accordance with the provisions of Section 4 or otherwise, for
the periods after the date the Employee's employment with the Company terminates
on account of voluntary resignation. Notwithstanding any provision of this
Agreement to the contrary, if the Employee's employment with the Company
terminates on account of voluntary resignation for Good Reason, the Employee
shall be entitled to receive (1) an amount equal to his base salary, then in
effect, for the Severance Period, such amount to be payable, at the Company's
option, in a lump sum on the date of termination, or ratably over the Severance
Period and (2) the amounts of base salary and accrued vacation time earned by
the Employee as of the date of termination but not yet paid by the Company
pursuant to Section 4.

                  8. Non-Competition and Non-Solicitation.

                  (a) (i) The Employee acknowledges that as a result of his
employment by the Company, the Employee will acquire knowledge of the trade and
proprietary and confidential information as to the Company and its Affiliates
and will create relationships with customers, suppliers and other persons
dealing with the Company and its Affiliates and the Company and its Affiliates
will suffer substantial damage, which would be difficult to ascertain and is not
compensable by monetary damages, if the Employee should use such trade secrets
or other proprietary and confidential information or take advantage of such
relationship and that because of the nature of the information that will be
known to the Employee and the relationships created, it is necessary for the
Company and its Affiliates to be protected by the prohibition against
Competition as set forth herein.

                      (ii) The Employee acknowledges that the retention of
nonclerical employees employed by the Company and its Affiliates in which the
Company and its Affiliates have invested training and depend on for the
operation of their businesses is important to the businesses of the Company and
its Affiliates, that the Employee will obtain unique information as to such
employees and will develop unique relationships with such persons as a result of
being an employee of the Company and, therefore, it is necessary for the Company
and its Affiliates to be protected from the Employee's Solicitation (as defined
below) of such employees as set forth below.

                      (iii) The Employee acknowledges that the provisions of
this Agreement are reasonable and necessary for the protection of the businesses
of the Company and its Affiliates and that part of the compensation paid under
this Agreement and the agreement to pay compensation upon termination in certain
instances is in consideration for the agreements in this Section 8.

                  (b) For the purposes of this Agreement, "Competition" shall
mean: participating, directly or indirectly, as an individual proprietor,
partner, stockholder, officer, employee, director, joint venturer, investor,
lender, consultant or in any capacity whatsoever (within the United States of
America, or in any country where the Company or its Affiliates do business) in a
Competing Business (as defined below); provided, however, that such
participation shall not include (i) the mere ownership of not more than three
percent (3%) of the total outstanding stock of a publicly held company; or (ii)
any activity engaged in with the prior written approval of the Board of
Directors of the Company.

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                  For the purposes of this Agreement, "Competing Business" shall
mean any line of business engaged in by the Company and/or its subsidiaries
and/or any entity in which the Company and/or its subsidiaries holds securities
(other than entities in which the Company or its subsidiaries make a nominal
investment) (i) from time to time (while Employee is employed by the Company) or
(ii) at the time of termination (upon termination of Employee's employment).

                  For the purposes of this Agreement, "Affiliate" of the Company
shall mean any Person directly or indirectly controlling, controlled by, or
under common control with, the Company; provided that, for the purposes of this
definition, "control" (including with correlative meanings, the terms
"controlled by" and "under common control with"), as used with respect to the
Company, shall mean the possession, directly or indirectly, of the power to
direct or cause the direction of the management and polices of the Company,
whether through the ownership of voting securities or partnership interests, by
contract or otherwise.

                  For purposes of this Agreement, "Person" shall mean and
include an individual, a partnership, a joint venture, a corporation, a trust,
an unincorporated organization, a group and a government or other department or
agency thereof.

                  (c) For purposes of this Agreement, "Solicitation" shall mean:
recruiting, soliciting or inducing, of any nonclerical employee or employees of
the Company or its Affiliates to terminate their employment with, or otherwise
cease their relationship with, the Company or its Affiliates or hiring or
assisting another person or entity to hire any nonclerical employee of the
Company or its Affiliates or any person who within twelve (12) months before had
been a nonclerical employee of the Company or its Affiliates and were recruited
or solicited for such employment or other retention while an employee of the
Company, provided, however, that Solicitation shall not include any of the
foregoing activities engaged in with the prior written approval of the Board of
Directors of the Company.

                  (d) If any restriction set forth with regard to Competition or
Solicitation is found by any court of competent jurisdiction, or in arbitration,
to be unenforceable because it extends for too long a period of time or over too
great a range of activities or in too broad a geographic area, it shall be
interpreted to extend over the maximum period of time, range of activities or
geographic area as to which it may be enforceable. If any provision of this
Section 8 shall be declared to be invalid or unenforceable, in whole or in part,
as a result of the foregoing, as a result of public policy or for any other
reason, such invalidity shall not affect the remaining provisions of this
Section 8 which shall remain in full force and effect.

                  (e) During the Employment Term and for two (2) years following
a termination of Employee's employment for any reason whatsoever, whether by the
Company or by the Employee and whether or not with Cause, Good Reason or
non-extension of the Employment Term, the Employee will not engage in
Solicitation.

                  (f) During the Employment Term and for the Restricted Period
(as hereafter defined) following a termination of Employee's employment,
Employee will not enter into Competition with the Company. The "Restricted
Period" shall mean (i) for a termination with Cause, two (2) years following the
date of termination, (ii) for termination without Cause by the

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Company, or for Good Reason by the Employee, the period in which the Company is
making payments to Employee as specified in Section 7 above, (iii) for
termination as a result of the voluntary resignation by the Employee without
Good Reason, one (1) year from the date of termination, and (iv) for termination
as a result of the Company giving Employee written notice, as provided in
Schedule 3, that the Company does not intend to extend the Employment Term upon
the current expiration date thereof, six (6) months following the date of
termination.

                  (g) In the event of a breach or potential breach of this
Section 8, Employee acknowledges that the Company and its Affiliates will be
caused irreparable injury and that money damages may not be an adequate remedy
and agree that the Company and its Affiliates shall be entitled to injunctive
relief (in addition to its other remedies at law) to have the provisions of this
Section 8 enforced. It is hereby acknowledged that the provisions of this
Section 8 are for the benefit of the Company and all of the Affiliates of the
Company and each such entity may enforce the provisions of this Section 8 and
only the applicable entity can waive the rights hereunder with respect to its
confidential information and employees.

                  (h) Furthermore, in addition to and not in limitation of any
other remedies provided herein or at law or in equity, in the event of breach of
this Section 8 by the Employee, while he is receiving amounts under Section 7(c)
or (d) hereof, the Employee shall not be entitled to receive any future amounts
pursuant to Section 7(c) or (d) hereof and shall reimburse the Company for any
amounts previously paid to the Employee pursuant to Section 7(c) or (d) hereof.

                  9. Confidential Information, Inventions and Trade Secrets. As
a condition to the effectiveness of this Agreement, the Employee shall enter
into a Confidential Information and Invention Assignment Agreement,
substantially in the form of Annex A attached hereto.

                  10. Arbitration

                  (a) (i) Any dispute, controversy or claim arising out of,
relating to, or in connection with, this contract, or the breach, termination or
validity thereof, shall be finally settled by arbitration. The arbitration shall
be conducted in accordance with the Commercial Arbitration Rules of the American
Arbitration Association in effect at the time of the arbitration, except as they
may be modified herein or by mutual agreement of the parties. The seat of the
arbitration shall be Dallas, Texas. Notwithstanding Section 12(c), the
arbitration and this clause shall be governed by the Federal Arbitration Act, 9
U.S.C. Sections 1 et seq.

                  (ii) The arbitration shall be conducted by three arbitrators.
The party initiating arbitration (the "Claimant") shall appoint an arbitrator in
its request for arbitration (the "Request"). The other party (the "Respondent")
shall appoint an arbitrator within 30 days of receipt of the Request and shall
notify the Claimant of such appointment in writing. If within 30 days of receipt
of the Request by the Respondent, either party has not appointed an arbitrator,
then the arbitrator shall be appointed by the American Arbitration Association.
The first two arbitrators appointed in accordance with this provision shall
appoint a third arbitrator within 30 days after the Respondent has notified
Claimant of the appointment of the Respondent's arbitrator or, in the event of a
failure by a party to appoint, within 30 days after the American

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Arbitration Association has notified the parties and any arbitrator already
appointed of its appointment of an arbitrator on behalf of the party failing to
appoint. When the third arbitrator has accepted the appointment, the two
arbitrators making the appointment shall promptly notify the parties of the
appointment. If the first two arbitrators appointed fail to appoint a third
arbitrator or so to notify the parties of the appointment, the American
Arbitration Association shall appoint the third arbitrator and shall promptly
notify the parties of the appointment. The third arbitrator shall act as Chair
of the tribunal.

                  (iii) The arbitral award shall be in writing, state the
reasons for the award, and be final and binding on the parties. The award shall
include an award of costs, as set forth in Section 10(iv) below, including the
costs and expenses of the arbitration. Judgment upon the award may be entered by
any court having jurisdiction thereof or having jurisdiction over the relevant
party or its assets. A request for interim measures by a party to a court shall
not be deemed incompatible with, or a waiver of, this agreement to arbitrate.

                  (iv) Enforcement Costs. In the event that either the Company
or the Employee initiates an arbitration, in accordance with this Section 10, to
enforce any provision or term of this Agreement, the costs and expenses of the
arbitration (excluding attorney's fees) of the prevailing party shall be paid by
the other party, such party to be deemed to have prevailed if such arbitration
is concluded pursuant to an order, award or final judgment of the arbitrators
which is not subject to a modification, an appeal, a settlement agreement or a
dismissal of the principle claims. Each party shall pay its own attorney's fees.

                  11. Notice. All notices, objections and other communications
hereunder shall be in writing and shall be deemed to have been duly given if
personally delivered (return receipt requested) or mailed by certified mail
(return receipt requested) or by Federal Express or another nationally
recognized courier service or by facsimile transmission upon electronic
confirmation of receipt thereof during normal business hours at the following
addresses (or at such other address for a party as shall be specified by like
notice):

                  If to the Employee:

                  David Link
                  6223 Stichter Avenue
                  Dallas, Texas 75230

                  If to the Company:

                  IGS Acquisition Corporation
                  12200 Stemmons, Suite 315
                  Dallas, Texas  75234
                  Attention:   David N. Link
                  Telephone:  (972) 247-3883
                  Facsimile Number:  (972) 247-3870

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                  12. General.

                  (a) Construction and Severability. If any provision of this
Agreement shall be held invalid, illegal or unenforceable in any jurisdiction,
the validity, legality and enforceability of the remaining provisions contained
herein shall not in any way be affected or impaired, and the parties undertake
to implement all efforts which are necessary, desirable and sufficient to amend,
supplement or substitute all and any such invalid, illegal or unenforceable
provisions with enforceable and valid provisions which would produce as nearly
as may be possible the result previously intended by the parties without
renegotiation of any material terms and conditions stipulated therein.

                  (b) Assignability. The Employee may not assign his interest in
or delegate his duties under this Agreement. Notwithstanding anything else in
this Agreement to the contrary, the Company may assign this Agreement to and all
rights hereunder shall inure to the benefit of any person, firm or corporation
succeeding to all or substantially all of the business or assets of the Company
by purchase, merger or consolidation.

                  (c) Governing Law. This Agreement shall be governed in all
respects, including as to validity, interpretation, construction, performance
and effect, by the laws of the State of Texas applicable to contracts executed
and to be performed entirely within said State.

                  (d) Binding Effect. This Agreement is for the employment of
the Employee, personally, and for the services to be rendered by him must be
rendered by him and no other person. This Agreement shall be binding upon and
inure to the benefit of the Company and its successors and assigns.

                  (e) Entire Agreement; Modification. This Agreement contains
the entire agreement of the parties hereto with respect to the subject matter
hereof and may not be modified or amended in any way except in writing by the
parties hereto.

                  (f) Duration. Notwithstanding the term of employment
hereunder, this Agreement shall continue for so long as any obligations remain
under this Agreement.

                  (g) Survival. The covenants set forth in Sections 6, 8 and 9
of this Agreement shall survive and shall continue to be binding upon Employee
notwithstanding the termination of this Agreement for any reason whatsoever. The
covenants set forth in Sections 6, 8 and 9 of this Agreement shall be deemed and
construed as separate agreements independent of any other provision of this
Agreement. The existence of any claim or cause of action by Employee against
Company, whether predicated on this Agreement or otherwise, shall not constitute
a defense to the enforcement by Company of any or all covenants. It is expressly
agreed that the remedy at law for the breach or any such covenant is inadequate
and that injunctive relief shall be available to prevent the breach or any
threatened breach thereof.

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                  IN WITNESS WHEREOF, the parties hereto, intending to be
legally bound, have hereunto executed this Agreement the day and year first
written above.

                                            IGS ACQUISITION CORPORATION

                                            By:  /s/ Stuart J. Chasanoff
                                               ---------------------------------
                                            Name:  Stuart J. Chasanoff
                                            Title:  Vice President and Secretary

                                            EMPLOYEE

                                            /s/ David Link
                                            ------------------------------------
                                            David Link

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                                     JOINDER

         eVentures Group, Inc. joins in the Employment Agreement, dated as of
March 10, 2000, between IGS Acquisition Corporation and David Link, for the sole
purpose of undertaking to perform the Company's obligations set forth in
Sections 4, 5 and 7 thereof, including but not limited to the obligation to pay
the bonuses set forth on Schedule 4(a) thereto, and has executed this Joinder to
the Employment Agreement as of the 10th day of March, 2000.

                                          eVENTURES GROUP, INC.

                                          By:  /s/ Stuart J. Chasanoff
                                             -----------------------------------
                                               Name: Stuart J. Chasanoff
                                               Title: Vice President of Business
                                                      Development, Secretary and
                                                      General Counsel

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                                                                      SCHEDULE 3
                                                         to Employment Agreement

                                 Employment Term

         The Employment Term shall initially be two years commencing on the date
of this Agreement. The initial Employment Term shall be automatically extended
for additional one-year periods unless either party gives the other party
written notice of its intention not to extend the Employment Term at least 90
days prior to the end of the initial two year term or any additional one year
term.

<PAGE>   14

                                                                   SCHEDULE 4(A)
                                                         to Employment Agreement

                                     SALARY

BASE SALARY

The annual base salary shall be $200,000.

BONUS PAYMENT TO BE PAID BY EVENTURES GROUP, INC.

In consideration of services to be provided by Employee to eVentures Group, Inc.
("Parent") during the Employment Term, Parent shall pay to Employee a one-time
bonus of $25,000 within 30 days of the date of execution of this Agreement. The
bonus described in the preceding sentence shall be in addition to discretionary
bonuses, if any, payable to the Employee pursuant to Section 4(b) of this
Agreement.

<PAGE>   15

                                                                         ANNEX A
                                                         to Employment Agreement

         This CONFIDENTIAL INFORMATION AND INVENTION ASSIGNMENT AGREEMENT (the
"Agreement") is made between eVentures Group, Inc. (the "Company") and the
undersigned employee.

         In consideration of my employment with the Company (which for purposes
of this Agreement shall be deemed to include any subsidiaries or Affiliates of
the Company), the receipt of confidential information while associated with the
Company, and other good and valuable consideration, I, the undersigned
individual, agree that:

         1. Term of Agreement. This Agreement shall continue in full force and
effect for the duration of my employment by the Company (the "Period of
Employment") and shall continue thereafter until terminated through a written
instrument signed by both parties.

         2. Confidentiality.

            (a) Definitions. "Proprietary Information" is all information and
any idea whatever form, tangible or intangible, pertaining in any manner to the
business of the Company, or any of its Affiliates, or its employees, clients,
consultants, or business associates, which was produced by any employee or
consultant of the Company in the course of his or her employment or consulting
relationship with the Company or otherwise produced or acquired by or on behalf
of the Company. All Proprietary Information not generally known outside of the
Company's organization, and all Proprietary Information so known only through
improper means, shall be deemed "Confidential Information." By example and
without limiting the foregoing definition, Proprietary and Confidential
Information shall include, but not be limited to:

                (i) formulas, research and development techniques, processes,
         trade secrets, computer programs, software, hardware, electronic codes,
         mask works, inventions, innovations, patents, patent applications,
         discoveries, improvements, data, know-how, formats, test results, and
         research projects;

                (ii) information about pricing, costs, profits, markets, sales,
         contracts and lists of customers, and distributors;

                (iii) business, financial, marketing, and strategic plans;

                (iv) forecasts, unpublished financial information, budgets,
         projections, and customer identities, characteristics, data, and
         agreements; and

                (v) employee personnel files and compensation information.

            Confidential Information is to be broadly defined, and includes all
information that has or could have commercial value or other utility in the
business in which the Company is engaged or contemplates engaging, and all
information of which the unauthorized disclosure could be detrimental to the
interests of the Company, whether or not such information is identified as
Confidential Information by the Company.

<PAGE>   16

            (b) Existence of Confidential Information. The Company owns and has
developed and compiled, and will continue to develop and compile, certain trade
secrets, proprietary techniques and other Confidential Information which have
great value to its business. This Confidential Information includes not only
information disclosed by the Company to me, but also information developed or
learned by me during the course of my employment with the Company.

            (c) Protection of Confidential Information. I will not, directly or
indirectly, use, make available, sell, disclose or otherwise communicate to any
third party, other than in my assigned duties and for the benefit of the
Company, any of the Company's Confidential Information, at any time during or
after my employment with the Company. In the event I desire to publish the
results of my work for the Company through literature or speeches, I will submit
such literature or speeches to the President of the Company at least ten (10)
days before dissemination of such information for a determination of whether
such disclosure may alter trade secret status, may be highly prejudicial to the
interests of the Company, or may constitute an invasion of its privacy. I agree
not to publish, disclose or otherwise disseminate such information without prior
written approval of the President of the Company. I acknowledge that I am aware
that the unauthorized disclosure of Confidential Information of the Company may
be highly prejudicial to its interests, an invasion of privacy, and an improper
disclosure of trade secrets.

            (d) Delivery of Confidential Information. Upon request or when my
employment with the Company terminates for any reason, I will immediately
deliver to the Company all copies of any and all materials and writings received
from, created for, or belonging to the Company including, but not limited to,
those which relate to or contain Confidential Information.

            (e) Location and Reproduction. I shall maintain at my work station
and/or any other place under my control only such Confidential Information as I
have a current "need to know." I shall return to the appropriate person or
location or otherwise properly dispose of Confidential Information once that
need to know no longer exists. I shall not make copies of or otherwise reproduce
Confidential Information unless there is a legitimate business need of the
Company for reproduction.

            (f) Prior Actions and Knowledge. I represent and warrant that, from
the time of my first contact with the Company, I have held in strict confidence
all Confidential Information and have not disclosed any Confidential
Information, directly or indirectly, to anyone outside the Company, or used,
copied, published, or summarized any Confidential Information, except to the
extent otherwise permitted in this Agreement.

            (g) Third-Party Information. I acknowledge that the Company has
received and in the future will receive from third parties their confidential
information subject to a duty on the Company's part to maintain the
confidentiality of such information and to use it only for certain limited
purposes. I agree that, during the Period of Employment and thereafter, I will
hold all such confidential information in the strictest confidence and not to
disclose or use it,

                                      A-2
<PAGE>   17

except as necessary to perform my obligations hereunder and as is consistent
with the Company's agreement with such third parties.

            (h) Third Parties. I represent that my employment with the Company
does not and will not breach any agreements with or duties to a former employer
or any other third party. I will not disclose to the Company or use on its
behalf any confidential information belonging to others and I will not bring
onto the premises of the Company any confidential information belonging to any
such party unless consented to in writing by such party.

         I acknowledge that the Company would not hire me or give me access to
Confidential or Proprietary Information, but for my covenants contained in this
Section 2.

         3. Proprietary Rights, Inventions and New Ideas.

            (a) Definition. The term "Subject Ideas or Inventions" includes any
and all ideas, processes, trademarks, service marks, inventions, designs,
technologies, computer hardware or software, original works of authorship,
formulas, discoveries, patents, copyrights, copyrightable works, products,
marketing and business ideas, and all improvements, know-how, data, rights, and
claims related to the foregoing that, whether or not patentable, which are
conceived, developed or created which: (i) relate to the Company's current or
contemplated business or activities; (ii) relate to the Company's actual or
demonstrably anticipated research or development; (iii) result from any work
performed by me for the Company no matter where the work is or was performed;
(iv) involve the use of the Company's equipment, supplies, facilities or trade
secrets; (v) result from or are suggested by any work done by the Company or at
the Company's request, or any projects specifically assigned to me; or (vi)
result from my access to any of the Company's memoranda, notes, records,
drawings, sketches, models, maps, customer lists, research results, data,
formulae, specifications, inventions, processes, Confidential Information,
equipment, or other materials (collectively, "Company Materials").

            (b) Company Ownership. All right, title and interest in and to all
Subject Ideas and Inventions, including but not limited to all registrable and
patent rights which may subsist therein, shall be held and owned solely by the
Company, and where applicable, all Subject Ideas and Inventions shall be
considered works made for hire. I shall mark all Subject Ideas and Inventions
with the Company's copyright or other proprietary notice as directed by the
Company and shall take all actions deemed necessary by the Company to protect
the Company's rights therein. In the event that the Subject Ideas and Inventions
shall be deemed not to constitute works made for hire, or in the event that I
should otherwise, by operation of law, be deemed to retain any rights (whether
moral rights or otherwise) to any Subject Ideas and Inventions, I agree to
assign to the Company, without further consideration, my entire right, title and
interest in and to each and every such Subject Idea and Invention.

            (c) Maintenance of Records. I agree to keep and maintain adequate
and current written records of all Subject Ideas and Inventions and their
development made by me (solely or jointly with others) during the term of my
employment with the Company. These records will be in the form of notes,
sketches, drawings, and any other format that may be specified by the Company.
These records will be available to and remain the sole property of the

                                      A-3
<PAGE>   18

Company at all times. I agree that all copies of any documents or materials
related to Subject Ideas and Inventions will remain with the Company after my
termination (for whatever reason).

            (d) Determination of Subject Ideas and Inventions. I further agree
that all information and records pertaining to any idea, process, trademark,
service mark, invention, technology, computer hardware or software, original
work of authorship, design, formula, discovery, patent, copyright, product, and
all improvements, know-how, rights, and claims related to the foregoing
("Intellectual Property"), that I do not believe to be a Subject Idea or
Invention, but that is conceived, developed, or reduced to practice by the
Company (alone by me or with others) during the Period of Employment and for one
(1) year thereafter, shall be disclosed promptly by me to the Company (such
disclosure to be received in confidence). The Company shall examine such
information to determine if in fact the Intellectual Property is a Subject Idea
or Invention subject to this Agreement.

            (e) Access. Because of the difficulty of establishing when any
Subject Ideas or Inventions are first conceived by me, or whether they result
from my access to Confidential Information or Company Materials, I agree that
any Subject Idea and Invention shall, among other circumstances, be deemed to
have resulted from my access to Company Materials if: (i) it grew out of or
resulted from my work with the Company or is related to the business of the
Company, and (ii) it is made, used, sold, exploited or reduced to practice, or
an application for patent, trademark, copyright or other proprietary protection
is filed thereon, by me or with my significant aid, within one (1) year after
termination of the Period of Employment.

            (f) Assistance. I further agree to assist the Company in every
proper way (but at the Company's expense) to obtain and from time to time
enforce patents, copyrights or other rights or registrations on said Subject
Ideas and Inventions in any and all countries, and to that end will execute all
documents necessary:

                           (i) to apply for, obtain and vest in the name of the
         Company alone (unless the Company otherwise directs) letters patent,
         copyrights or other analogous protection in any country throughout the
         world and when so obtained or vested to renew and restore the same; and

                           (ii) to defend any opposition proceedings in respect
         of such applications and any opposition proceedings or petitions or
         applications for revocation of such letters patent, copyright or other
         analogous protection; and

                           (iii) to cooperate with the Company (but at the
         Company's expense) in any enforcement or infringement proceeding on
         such letters patent, copyright or other analogous protection.

            (g) Authorization to Company. In the event the Company is unable,
after reasonable effort, to secure my signature on any patent, copyright or
other analogous protection relating to a Subject Idea and Invention, whether
because of my physical or mental incapacity or for any other reason whatsoever,
I hereby irrevocably designate and appoint the Company and its duly authorized
officers and agents as my agent and attorney-in-fact, to act for and on my
behalf

                                      A-4
<PAGE>   19

and stead to execute and file any such application, applications or other
documents and to do all other lawfully permitted acts to further the
prosecution, issuance, and enforcement of letters patent, copyright or other
analogous rights or protections thereon with the same legal force and effect as
if executed by me. My obligation to assist the Company in obtaining and
enforcing patents and copyrights for Subject Ideas and Inventions in any and all
countries shall continue beyond the termination of my relationship with the
Company, but the Company shall compensate me at a reasonable rate after such
termination for time actually spent by me at the Company's request on such
assistance.

            (h) Exclusion. I acknowledge that there are no currently existing
ideas, processes, inventions, discoveries, marketing or business ideas or
improvements which I desire to exclude from the operation of this Agreement. To
the best of my knowledge, there is no other contract to assign inventions,
trademarks, copyrights, ideas, processes, discoveries or other intellectual
property that is now in existence between me and any other person (including any
business or governmental entity).

            (i) No Use of Name. I shall not at any time use the Company's name
or any of the Company trademark(s) or trade name(s) in any advertising or
publicity without the prior written consent of the Company.

            (j) Acknowledgment. I acknowledge that the Company would not hire me
but for my covenants contained in these Sections.

         4. Representations and Warranties. I represent and warrant (i) that I
have no obligations, legal, contractual, or otherwise, inconsistent with the
terms of this Agreement or with my undertaking a relationship with the Company;
(ii) that the performance of the services called for by this Agreement do not
and will not violate any applicable law, rule or regulation or any proprietary
or other right of any third party; (iii) that I will not use in the performance
of my responsibilities for the Company any materials or documents of a former
employer; and (iv) that I have not entered into and will not enter into any
agreement (whether oral or written) in conflict with this Agreement.

         5. Termination Obligations.

            (a) Upon the termination of my relationship with the Company (for
whatever reason) or promptly upon the Company's request, I shall surrender to
the Company all equipment, tangible Proprietary Information, Confidential
Information, documents, books, notebooks, records, reports, notes, memoranda,
drawings, sketches, models, maps, contracts, lists, computer disks (and other
computer-generated files and data), any other data and records of any kind, and
copies thereof (collectively, "Company Records"), created on any medium and
furnished to, obtained by, or prepared by myself in the course of or incident to
my employment, that are in my possession or under my control.

            (b) My representations, warranties, and obligations contained in
this Agreement shall survive the termination of my employment with the Company.

                                      A-5
<PAGE>   20

            (c) Following any termination of the Period of Employment, I will
fully cooperate with the Company in all matters relating to my continuing
obligations under this Agreement.

            (d) Upon the termination of my employment with the Company, and at
all times thereafter, I hereby grant consent to notification by the Company to
my new employer about my rights and obligations under this Agreement.

            (e) Upon termination of the Period of Employment, I will execute a
Certificate acknowledging compliance with this Agreement in the form reasonably
provided by the Company.

         6. Injunctive Relief. I acknowledge that my failure to carry out any
obligation under this Agreement, or a breach by me of any provision herein, will
constitute immediate and irreparable damage to the Company, which cannot be
fully and adequately compensated in money damages and which will warrant
preliminary and other injunctive relief, an order for specific performance, and
other equitable relief. I further agree that no bond or other security shall be
required in obtaining such equitable relief and I hereby consent to the issuance
of such injunction and to the ordering of specific performance. I also
understand that other legal and equitable action may be taken and remedies
enforced against me.

         7. Modification. No modification of this Agreement shall be valid
unless made in writing and signed by both parties. Any such writing may only be
signed on behalf of the Company by the President of the Company.

         8. Binding Effect. This Agreement shall be binding upon me, my heirs,
executors, assigns and administrators and is for the benefit of the Company and
its successors and assigns.

         9. Arbitration. Any dispute or controversy arising out of or relating
to any interpretation, construction, performance or breach of this Agreement,
shall be settled by arbitration to be held in Dallas, Texas in accordance with
the rules then in effect of the American Arbitration Association. The arbitrator
may grant injunctions or any other relief in such dispute or controversy. The
decision of the arbitrator shall be final, conclusive and binding on the parties
to the arbitration. Judgment may be entered on the arbitrator's decision in any
court having jurisdiction; provided, however, that the arbitrator shall not have
the power to alter or amend this Agreement.

         10. Governing Law. This Agreement shall be construed in accordance
with, and all actions arising under or in connection therewith shall be governed
by, the internal laws of the State of Texas (without reference to conflict of
law principles).

         11. Integration. This Agreement sets forth the parties' mutual rights
and obligations with respect to Proprietary Information, Confidential
Information, prohibited competition, and intellectual property. It is intended
to be the final, complete, and exclusive statement of the terms of the parties'
agreements regarding these subjects. This Agreement supersedes all other prior
and contemporaneous agreements and statements on these subjects, and it may not
be

                                      A-6
<PAGE>   21

contradicted by evidence of any prior or contemporaneous statements or
agreements. To the extent that the practices, policies, or procedures of the
Company, now or in the future, apply to myself and are inconsistent with the
terms of this Agreement, the provisions of this Agreement shall control unless
changed in writing by the Company.

         12. Employment at Will. This Agreement is not an employment agreement.
I understand that the Company may terminate my association or employment with it
at any time, with or without cause, subject to the terms of any separate written
employment agreement, if any, executed by a duly authorized officer of the
Company.

         13. Construction. This Agreement shall be construed as a whole,
according to its fair meaning, and not in favor of or against any party. By way
of example and not limitation, this Agreement shall not be construed against the
party responsible for any language in this Agreement. The headings of the
paragraphs hereof are inserted for convenience only, and do not constitute part
of and shall not be used to interpret this Agreement.

         14. Attorneys' Fees. Should either I or the Company, or any heir,
personal representative, successor or permitted assign of either party, resort
to legal proceedings to enforce this Agreement, the prevailing party in such
legal proceeding as determined by the arbitrator or other trier of fact, shall
be awarded, in addition to such other relief as may be granted, attorneys' fees
and costs incurred in connection with such proceeding.

         15. Severability. If any term, provision, covenant or condition of this
Agreement, or the application thereof to any person, place or circumstance,
shall be held to be invalid, unenforceable or void, the remainder of this
Agreement and such term, provision, covenant or condition as applied to other
persons, places and circumstances shall remain in full force and effect.

         16. Rights Cumulative. The rights and remedies provided by this
Agreement are cumulative, and the exercise of any right or remedy by either the
Company or me (or by that party's successor), whether pursuant hereto, to any
other agreement, or to law, shall not preclude or waive that party's right to
exercise any or all other rights and remedies. This Agreement will inure to the
benefit of the Company and its successors and assigns.

         17. Nonwaiver. The failure of either the Company or me, whether
purposeful or otherwise, to exercise in any instance any right, power or
privilege under this Agreement or under law shall not constitute a waiver of any
other right, power or privilege, nor of the same right, power or privilege in
any other instance. Any waiver by the Company or by me must be in writing and
signed by either myself, if I am seeking to waive any of my rights under this
Agreement, or by an officer of the Company (other than me) or some other person
duly authorized by the Company.

         18. Notices. All notices, objections and other communications hereunder
shall be in writing and shall be deemed to have been duly given if personally
delivered (return receipt requested) or mailed by certified mail (return receipt
requested) or by Federal Express or another nationally recognized courier
service or by facsimile transmission upon electronic confirmation

                                      A-7
<PAGE>   22

of receipt thereof during normal business hours at the following addresses (or
at such other address for a party as shall be specified by like notice):

                  If to the Employee:

                           David Link
                           6223 Stichter Avenue
                           Dallas, Texas 75230

                  If to the Company:

                           eVentures Group, Inc.
                           One Evertrust Plaza, 8th Floor
                           Jersey City, New Jersey  07302
                           Attention: Vice President and Chief Financial Officer
                           Telephone:  (201) 200-5515
                           Facsimile Number:  (201) 200-5532

                  with a copy to:

                           eVentures Group, Inc.
                           c/o HW Partners, L.P.
                           1601 Elm Street, 40th Floor
                           Dallas, Texas  75201
                           Attention: General Counsel
                           Telephone:  (214) 720-1608
                           Facsimile Number:  (214) 720-1667

                  and to:

                           White & Case LLP
                           200 S. Biscayne Blvd. Suite 4900
                           Miami, FL 33131
                           Attention:  Thomas E Lauria
                           Telephone:  (305) 371-2700
                           Facsimile Number:  (305) 358-5744

         19. Date of Effectiveness. This Agreement shall be deemed effective as
of the commencement of my employment with the Company.

         20. Agreement to Perform Necessary Acts. I agree to perform any further
acts and execute and deliver any documents that may be reasonably necessary to
carry out the provisions of this Agreement.

         21. Assignment. This Agreement may not be assigned without the
Company's prior written consent. The Company may assign its rights under this
Agreement.

                                      A-8
<PAGE>   23

         22. Compliance with Law. I agree to abide by all federal, state, and
local laws, ordinances and regulations.

         23. Employee Acknowledgment. I acknowledge that I have had the
opportunity to consult legal counsel in regard to this Agreement, that I have
read and understand this Agreement, that I am fully aware of its legal effect,
and that I have entered into it freely and voluntarily and based on my own
judgment and not on any representations or promises other than those contained
in this Agreement.

                                      * * *

                                      A-9
<PAGE>   24

         IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date set forth below.

         CAUTION: THIS AGREEMENT CREATES IMPORTANT OBLIGATIONS OF TRUST AND
AFFECTS THE EMPLOYEE'S RIGHTS TO INVENTIONS AND OTHER INTELLECTUAL PROPERTY THE
EMPLOYEE MAY DEVELOP DURING HIS OR HER EMPLOYMENT.

Dated as of March 10, 2000.

                                                       /s/ David Link
                                                       -------------------------
                                                       Employee Signature

                                                       David Link
                                                       -------------------------
                                                       Printed Name of Employee

eVENTURES GROUP, INC.

By: /s/ Stuart J. Chasanoff
    ----------------------------------------------
    Name: Stuart J. Chasanoff
    Title: Vice President of Business Development,
    Secretary and General Counsel

                                      A-10<PAGE>   1

                                                                  EXHIBIT 10.49A

                            INDEMNIFICATION AGREEMENT

     This INDEMNIFICATION AGREEMENT (the "Agreement") is made and entered into
as of _______ (the "Agreement Date") by and between eVentures Group, Inc., a
Delaware corporation (including any successors thereto, the "Company") and
[_________] ("Indemnitee").

                                    RECITALS:

A. Competent and experienced persons are reluctant to serve or to continue to
serve corporations as directors, officers, or in other capacities unless they
are provided with adequate protection through insurance or indemnification (or
both) against claims and actions against them arising out of their service to,
and activities on behalf of, those corporations.

B. The current uncertainties relating to the availability of adequate insurance
for directors and officers have increased the difficulty for corporations to
attract and retain competent and experienced persons.

C. The Board of Directors of the Company (the "Board") has determined that the
continuation of present trends in litigation will make it more difficult to
attract and retain competent and experienced persons, that this situation is
detrimental to the best interests of the Company's stockholders, and that the
Company should act to assure its directors and officers that there will be
increased certainty of adequate protection in the future.

D. It is reasonable, prudent, and necessary for the Company to obligate itself
contractually to indemnify its directors and officers to the fullest extent
permitted by applicable law in order to induce them to serve or continue to
serve the Company.

E. Indemnitee is willing to serve and continue to serve the Company on the
condition that Indemnitee be indemnified to the fullest extent permitted by law.

F. Concurrently with the execution of this Agreement, Indemnitee is agreeing to
serve or to continue to serve as a director or officer of the Company.

                                   AGREEMENTS:

     NOW, THEREFORE, in consideration of the foregoing premises, Indemnitee's
agreement to serve or continue to serve as a director or officer of the Company,
and the covenants contained in this Agreement, the Company and Indemnitee hereby
covenant and agree as follows:

     1.   Certain Definitions. For purposes of this Agreement:

          (a) Affiliate: shall mean any Person that directly, or indirectly,
through one or more intermediaries, controls, is controlled by, or is under
common control with the Person specified.

                                       1
<PAGE>   2

          (b) Change of Control: shall mean the occurrence of any of the
following events:

              (i) The acquisition after the Agreement Date by any individual,
entity, or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act")) (a "Person")
of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
Exchange Act) of 20% or more of either (x) the then outstanding shares of common
stock of the Company (the "Outstanding Company Common Stock") or (y) the
combined voting power of the then outstanding voting securities of the Company
entitled to vote generally in the election of directors (the "Outstanding
Company Voting Securities"); provided, however, that for purposes of this
paragraph (i), the following acquisitions shall not constitute a Change of
Control: any acquisition directly from the Company or any Subsidiary thereof;
any acquisition by the Company or any Subsidiary thereof; any acquisition by any
employee benefit plan (or related trust) sponsored or maintained by the Company
or any Subsidiary of the Company; or any acquisition by any entity or its
security holders pursuant to a transaction which complies with clauses (A), (B),
and (C) of paragraph (iii) below;

              (ii) Individuals who, as of the Agreement Date, constitute the
Board (the "Incumbent Board") cease for any reason to constitute at least a
majority of the Board; provided, however, that any individual becoming a
director subsequent to THE Agreement Date whose election or appointment by the
Board or nomination for election by the Company's stockholders was approved by a
vote of at least a majority of the directors then comprising the Incumbent Board
shall be considered as though such individual were a member of the Incumbent
Board, but excluding, for this purpose, any such individual whose initial
assumption of office occurs as a result of an actual or threatened election
contest with respect to the election or removal of directors or other actual or
threatened solicitation of proxies or consents by or on behalf of a Person other
than the Board;

              (iii) Consummation of a reorganization, merger or consolidation or
sale or other disposition of all or substantially all of the assets of the
Company or an acquisition of assets of another corporation (a "Business
Combination"), in each case unless, following such Business Combination, (A) all
or substantially all of the individuals and entities who were the beneficial
owners, respectively, of the Outstanding Company Common Stock and Outstanding
Company Voting Securities immediately prior to such Business Combination
beneficially own, directly or indirectly, more than 50% of the combined voting
power of the then outstanding voting securities entitled to vote generally in
the election of directors of the corporation resulting from such Business
Combination (including, without limitation, a corporation which as a result of
such transaction owns the Company or all or substantially all of the Company's
assets either directly or through one or more subsidiaries) in substantially the
same proportions as their ownership, immediately prior to such Business
Combination of the Outstanding Company Voting Securities, (B) no Person
(excluding any employee benefit plan (or related trust) of the Company, or the
corporation resulting from such Business Combination, beneficially owns,
directly or indirectly, 20% or more of the combined voting power of the then
outstanding voting securities of such corporation except to the extent that such
ownership of the Company existed prior to the Business Combination and (C) at
least a majority of the members of the board of directors of the corporation
resulting from such Business Combination were members of the

                                       2
<PAGE>   3

Incumbent Board at the time of the execution of the initial agreement, or of the
action of the Board, providing for such Business Combination; or

              (iv) Approval by the stockholders of the Company of a complete
liquidation or dissolution of the Company.

          (c) Claim: shall mean any threatened, pending, or completed action,
suit, or proceeding (including, without limitation, securities laws actions,
suits, and proceedings and also any cross claim or counterclaim in any action,
suit, or proceeding), whether civil, criminal, arbitral, administrative, or
investigative in nature, or any inquiry or investigation (including discovery),
whether conducted by the Company or any other Person, that Indemnitee in good
faith believes could reasonably be expected to lead to the institution of any
action, suit, or proceeding.

          (d) Expenses: shall mean all costs, expenses (including attorneys' and
expert witnesses' fees), and obligations paid or incurred in connection with
investigating, defending (including affirmative defenses and counterclaims),
being a witness in, or participating in (including on appeal), or preparing to
defend, be a witness in, or participate in, any Claim relating to any
Indemnifiable Event.

          (e) Indemnifiable Event: shall mean any actual or alleged act,
omission, statement, misstatement, event, or occurrence related to the fact that
Indemnitee is or was a director, officer, agent, or fiduciary of the Company, or
is or was serving at the request of the Company as a director, officer, trustee,
agent, or fiduciary of another corporation, partnership, joint venture, employee
benefit plan, trust, or other enterprise, or by reason of any actual or alleged
thing done or not done by Indemnitee in any such capacity, but shall exclude
acts or omissions to the extent that they are finally determined by a court of
competent jurisdiction (after exhaustion of all appeals) to have resulted from
the gross negligence or willful misconduct of Indemnitee. An Indemnifiable Event
also shall include (i) any event or occurrence which relates to the business of
the Company or any of its subsidiaries or the operations thereof at any time
prior to the time that Indemnitee became an officer or director of the Company
and (ii) any alleged or actual material misrepresentations or omission (A) in
any filings made by the Company with the Securities and Exchange Commission
prior to the time that Indemnitee became an officer or director of the Company
or (B) in the Company's Form 10, or any amendments thereto. For purposes of this
Agreement, the Company agrees that Indemnitee's service on behalf of or with
respect to any Subsidiary or employee benefit plan of the Company or any
Subsidiary of the Company shall be deemed to be at the request of the Company.

          (f) Indemnifiable Liabilities: shall mean all Expenses and all other
liabilities, damages (including, without limitation, punitive, exemplary, and
the multiplied portion of any damages), judgments, payments, fines, penalties,
amounts paid in settlement, and awards paid or incurred that arise out of, or in
any way relate to, any Indemnifiable Event.

          (g) Person: shall mean any individual, corporation, partnership,
limited liability company, joint venture, trust, unincorporated association, or
other form of business or legal entity or governmental entity.

                                       3
<PAGE>   4

          (h) Potential Change of Control: shall be deemed to have occurred if:
(i) the Company enters into an agreement, the consummation of which would result
in the occurrence of a Change of Control, (ii) any Person (including the
Company) publicly announces an intention to take or to consider taking actions
that, if consummated, would constitute a Change of Control and the success and
consummation of such intention reasonably appears to be more likely than not, or
(iii) the Board adopts a resolution to the effect that, for purposes of this
Agreement, a Potential Change of Control has occurred, except in each case for a
transaction in which an Indemnitee is participating as an active principal and
not solely as a result of such Indemnitee's position as a director or officer.

          (i) Reviewing Party: shall mean a member or members of the Board who
are not parties to the particular Claim for which Indemnitee is seeking
indemnification or if a Change of Control has occurred or if there is a
Potential Change of Control and Indemnitee so requests, or if the members of the
Board so elect, or if all of the members of the Board are parties to such Claim,
Special Counsel.

          (j) Special Counsel: shall mean special, independent legal counsel
selected by Indemnitee and approved by the Company (which approval shall not be
unreasonably withheld), and who has not otherwise performed material services
for the Company or for Indemnitee within the last three years (other than as
Special Counsel under this Agreement or similar agreements).

          (k) Subsidiary: shall mean, with respect to any Person, any
corporation or other entity of which a majority of the voting power of the
voting equity securities or equity interest is owned, directly or indirectly, by
that Person.

     2.   Indemnification and Expense Advancement.

          (a) The Company shall indemnify Indemnitee and hold Indemnitee
harmless to the fullest extent permitted by law, as soon as practicable, but in
no event later than 30 days after written demand is presented to the Company,
from and against any and all Indemnifiable Liabilities. Notwithstanding the
foregoing, the obligations of the Company under this Section 2(a) shall be
subject to the condition that the Reviewing Party shall not have determined (in
a written opinion, in any case in which Special Counsel is involved) that
Indemnitee is not permitted to be indemnified under applicable law. Nothing
contained in this Agreement shall require any determination under this Section
2(a) to be made by the Reviewing Party prior to the disposition or conclusion of
the Claim against the Indemnitee.

          (b) If so requested by Indemnitee, the Company shall advance to
Indemnitee all reasonable Expenses incurred by Indemnitee to the fullest extent
permitted by law (or, if applicable, reimburse Indemnitee for any and all
reasonable Expenses incurred by Indemnitee and previously paid by Indemnitee)
within ten business days after such request (an "Expense Advance") and delivery
by Indemnitee of an undertaking to repay Expense Advances if and to the extent
such undertaking is required by applicable law prior to the Company's payment of
Expense Advances. The Company shall be obligated from time to time at the
request of Indemnitee to make or pay an Expense Advance in advance of the final
disposition or conclusion of any Claim. In connection with any request for an
Expense Advance, if requested by the

                                       4
<PAGE>   5

Company, Indemnitee or Indemnitee's counsel shall submit an affidavit stating
that the Expenses to which the Expense Advances relate are reasonable. Any
dispute as to the reasonableness of any Expense shall not delay an Expense
Advance by the Company. If, when, and to the extent that the Reviewing Party
determines that Indemnitee would not be permitted to be indemnified with respect
to a Claim under applicable law or the amount of the Expense Advance was not
reasonable, the Company shall be entitled to be reimbursed by Indemnitee and
Indemnitee hereby agrees to reimburse the Company without interest (which
agreement shall be an unsecured obligation of Indemnitee) for (x) all related
Expense Advances theretofore made or paid by the Company in the event that it is
determined that indemnification would not be permitted or (y) the excessive
portion of any Expense Advances in the event that it is determined that such
Expense Advances were unreasonable, in either case, if and to the extent such
reimbursement is required by applicable law; provided, however, that if
Indemnitee has commenced legal proceedings in a court of competent jurisdiction
to secure a determination that Indemnitee could be indemnified under applicable
law, or that the Expense Advances were reasonable, any determination made by the
Reviewing Party that Indemnitee would not be permitted to be indemnified under
applicable law or that the Expense Advances were unreasonable shall not be
binding, and the Company shall be obligated to continue to make Expense Advances
until a final judicial determination is made with respect thereto (as to which
all rights of appeal therefrom have been exhausted or lapsed), which
determination shall be conclusive and binding. If there has been a Potential
Change of Control or a Change of Control, the Reviewing Party shall be advised
by or shall be Special Counsel, if Indemnitee so requests. If there has been no
determination by the Reviewing Party or if the Reviewing Party determines that
Indemnitee substantively is not permitted to be indemnified in whole or part
under applicable law or that any Expense Advances were unreasonable, Indemnitee
shall have the right to commence litigation in any court in the states of Texas
or Delaware having subject matter jurisdiction thereof and in which venue is
proper seeking an initial determination by the court or challenging any such
determination by the Reviewing Party or any aspect thereof, and the Company
hereby consents to service of process and to appear in any such proceeding. Any
determination by the Reviewing Party otherwise shall be conclusive and binding
on the Company and Indemnitee.

         (c) Nothing in this Agreement, however, shall require the Company to
indemnify Indemnitee with respect to any Claim initiated by Indemnitee, other
than a Claim solely seeking enforcement of the Company's indemnification
obligations to Indemnitee or a Claim authorized by the Board.

     3. Change of Control. The Company agrees that, if there is a Potential
Change of Control or a Change of Control and if Indemnitee requests in writing
that Special Counsel be the Reviewing Party, then Special Counsel shall be the
Reviewing Party. In such a case, the Company agrees not to request or seek
reimbursement from Indemnitee of any indemnification payment or Expense Advances
unless Special Counsel has rendered its written opinion to the Company and
Indemnitee: (i) that the Company was not or is not permitted under applicable
law to pay Indemnitee and to allow Indemnitee to retain such indemnification
payment or Expense Advances or (ii) that such Expense Advances were
unreasonable. However, if Indemnitee has commenced legal proceedings in a court
of competent jurisdiction to secure a determination that Indemnitee could be
indemnified under applicable law or that the Expense Advances were reasonable,
any determination made by Special Counsel that Indemnitee would not be permitted

                                       5
<PAGE>   6

to be indemnified under applicable law or that the Expense Advances were
unreasonable shall not be binding, and Indemnitee shall not be required to
reimburse the Company for any Expense Advance, and the Company shall be
obligated to continue to make Expense Advances, until a final judicial
determination is made with respect thereto (as to which all rights of appeal
therefrom have been exhausted or lapsed), which determination shall be
conclusive and binding. The Company agrees to pay the reasonable fees of Special
Counsel and to indemnify Special Counsel against any and all expenses (including
attorneys' fees), claims, liabilities, and damages arising out of or relating to
this Agreement or Special Counsel's engagement pursuant hereto.

     4. Establishment of Trust. In the event of a Potential Change of Control or
a Change of Control, the Company shall, upon written request by Indemnitee,
create a trust for the benefit of Indemnitee (the "Trust") and from time to time
upon written request of Indemnitee shall fund the Trust in an amount equal to
all Indemnifiable Liabilities reasonably anticipated at the time to be incurred
in connection with any Claim. The amount to be deposited in the Trust pursuant
to the foregoing funding obligation shall be determined by the Reviewing Party.
The terms of the Trust shall provide that, upon a Change of Control: the Trust
shall not be revoked or the principal thereof invaded, without the written
consent of Indemnitee, the trustee of the Trust shall advance, within ten
business days of a request by Indemnitee, any and all reasonable Expenses to
Indemnitee (and Indemnitee hereby agrees to reimburse the Trust under the
circumstances in which Indemnitee would be required to reimburse the Company for
Expense Advances under this Agreement), any required determination concerning
the reasonableness of the Expenses to be made by the Reviewing Party, the Trust
shall continue to be funded by the Company in accordance with the funding
obligation set forth above, the trustee of the Trust shall promptly pay to
Indemnitee all amounts for which Indemnitee shall be entitled to indemnification
pursuant to this Agreement, and all unexpended funds in the Trust shall revert
to the Company upon a final determination by the Reviewing Party or a court of
competent jurisdiction, as the case may be, that Indemnitee has been fully
indemnified under the terms of this Agreement. The trustee of the Trust shall be
chosen by Indemnitee and shall be an institution that is not affiliated with
Indemnitee. Nothing in this Section 4 shall relieve the Company of any of its
obligations under this Agreement.

     5. Indemnification for Additional Expenses. The Company shall indemnify
Indemnitee against any and all costs and expenses (including attorneys' and
expert witnesses' fees) and, if requested by Indemnitee, shall (within two
business days of that request) advance those costs and expenses to Indemnitee
that are incurred by Indemnitee if Indemnitee, whether by formal proceedings or
through demand and negotiation without formal proceedings: (a) seeks to enforce
Indemnitee's rights under this Agreement; (b) seeks to enforce Indemnitee's
rights to expense advancement or indemnification under any other agreement or
provision of the Company's Certificate of Incorporation, as the same may have
been amended from time to time (the "Certificate of Incorporation"), or the
Company's Bylaws (the "Bylaws") now or hereafter in effect relating to Claims
for Indemnifiable Events; or (c) seeks recovery under any directors' and
officers' liability insurance policies maintained by the Company, in each case
regardless of whether Indemnitee ultimately prevails; provided that a court of
competent jurisdiction has not found Indemnitee's claim for indemnification or
expense advancements under the foregoing clauses (a), (b) or (c) to be
frivolous, presented for an improper purpose, without evidentiary support, or
otherwise sanctionable under Federal Rule of Civil Procedure No. 11 or an
analogous rule or law, or beyond the scope of indemnification permitted by the
Delaware General

                                       6
<PAGE>   7

Corporation Law, and provided, further, that if a court makes such a finding,
Indemnitee shall reimburse the Company for all amounts previously advanced to
Indemnitee pursuant to this Section 5. Subject to the provisos contained in the
preceding sentence, to the fullest extent permitted by law, the Company waives
any and all rights that it may have to recover its costs and expenses from
Indemnitee.

     6. Partial Indemnity. If Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some, but not all, of
Indemnitee's Indemnifiable Liabilities, the Company shall indemnify Indemnitee
for the portion thereof to which Indemnitee is entitled.

     7. Contribution.

         (a) Contribution Payment. To the extent the indemnification provided
for under any provision of this Agreement is determined (in the manner
hereinabove provided) not to be permitted under applicable law, the Company, in
lieu of indemnifying Indemnitee, shall, to the extent permitted by law,
contribute to the amount of any and all Indemnifiable Liabilities incurred or
paid by Indemnitee for which such indemnification is not permitted. The amount
the Company contributes shall be in such proportion as is appropriate to reflect
the relative fault of Indemnitee, on the one hand, and the Company and any and
all other parties (including officers and directors of the Company other than
Indemnitee) who may be at fault (collectively, including the Company, the "Third
Parties"), on the other hand.

         (b) Relative Fault. The relative fault of the Third Parties and the
Indemnitee shall be determined by reference to the relative fault of Indemnitee
as determined by the court or other governmental agency or to the extent such
court or other governmental agency does not apportion relative fault, by the
Reviewing Party (which shall include Special Counsel) after giving effect to,
among other things, the relative intent, knowledge, access to information, and
opportunity to prevent or correct the relevant events, of each party, and other
relevant equitable considerations. The Company and Indemnitee agree that it
would not be just and equitable if contribution were determined by pro rata
allocation or by any other method of allocation that does not take account of
the equitable considerations referred to in this Section 7(b).

     8. Burden of Proof. In connection with any determination by the Reviewing
Party or otherwise as to whether Indemnitee is entitled to be indemnified under
any provision of this Agreement or to receive contribution pursuant to Section 7
of this Agreement, to the extent permitted by law, the burden of proof shall be
on the Company to establish that Indemnitee is not so entitled.

     9. No Presumption. For purposes of this Agreement, the termination of any
Claim by judgment, order, settlement (whether with or without court approval),
or conviction, or upon a plea of nolo contendere, or its equivalent, or an entry
of an order of probation prior to judgment shall not create a presumption (other
than any presumption arising as a matter of law that the parties may not
contractually agree to disregard) that Indemnitee did not meet any particular
standard of conduct or have any particular belief or that a court has determined
that indemnification is not permitted by applicable law.

                                       7
<PAGE>   8

     10. Non-exclusivity. The rights of Indemnitee hereunder shall be in
addition to any other rights Indemnitee may have under the Bylaws or the
Certificate of Incorporation or the Delaware General Corporation Law or
otherwise. To the extent that a change in the Delaware General Corporation Law
(whether by statute or judicial decision) permits greater indemnification by
agreement than would be afforded currently under the Bylaws or the Certificate
of Incorporation and this Agreement, it is the intent of the parties hereto that
Indemnitee shall enjoy by this Agreement the greater benefits so afforded by
that change. Indemnitee's rights under this Agreement shall not be diminished by
any amendment to the Certificate of Incorporation or Bylaws, or of any other
agreement or instrument to which Indemnitee is not a party, and shall not
diminish any other rights that Indemnitee now or in the future has against the
Company.

     11. Liability Insurance. The Company shall maintain an insurance policy or
policies providing directors' and officers' liability insurance covering the
Indemnitee and from and after January 1, 2001, shall maintain an insurance
policy or policies with coverage comparable to those in effect on January 1,
2001, provided that the Company shall not be required to pay an annual premium
for such insurance in excess of 200% of the annual premium for such insurance
which is in effect on January 1, 2001, and provided further that in the event
such maximum amounts are applicable, the Company shall purchase as much coverage
as possible for such amount. To the extent that such insurance policy or
policies has or have a deductible(s), at the time such Indemnitee is no longer a
director or officer of the Company, the Company, to the extent it has not
previously made such arrangements, shall keep an amount equal to such deductible
in a escrow account for the payment of indemnifications and Expense Advancements
due hereunder that are not paid by such policies. The Company shall replenish
such escrow account for any amounts paid therefrom. Furthermore, the required
amount in such escrow account may be reduced, and the excess returned to the
Company, to the extent that the relevant deductible(s) are subsequently reduced.

     12. Period of Limitations. No action, lawsuit, or proceeding may be brought
against Indemnitee or Indemnitee's spouse, heirs, executors, or personal or
legal representatives, nor may any cause of action be asserted in any such
action, lawsuit, or proceeding, by or on behalf of the Company, after the
expiration of two years after the statute of limitations commences with respect
to Indemnitee's act or omission that gave rise to the action, lawsuit,
proceeding, or cause of action; provided, however, that, if any shorter period
of limitations is otherwise applicable to any such action, lawsuit, proceeding,
or cause of action, the shorter period shall govern.

     13. Amendments. No supplement, modification, or amendment of this Agreement
shall be binding unless executed in writing by all of the parties hereto. No
waiver of any provision of this Agreement shall be effective unless in a writing
signed by the party or parties granting the waiver. No waiver of any of the
provisions of this Agreement shall be deemed or shall constitute a waiver of any
other provisions hereof (whether or not similar) nor shall that waiver
constitute a continuing waiver.

     14. Other Sources. Indemnitee shall not be required to exercise any rights
that Indemnitee may have against any other Person (for example, under an
insurance policy) before Indemnitee enforces his rights under this Agreement.
However, to the extent the Company actually indemnifies Indemnitee or advances
him Expenses, the Company shall be subrogated to

                                       8
<PAGE>   9

the rights of Indemnitee and shall be entitled to enforce any such rights which
Indemnitee may have against third parties. Indemnitee shall assist the Company
in enforcing those rights if it pays his costs and expenses of doing so. If
Indemnitee is actually indemnified or advanced Expenses by any third party,
then, for so long as Indemnitee is not required to disgorge the amounts so
received, to that extent the Company shall be relieved of its obligation to
indemnify Indemnitee or advance Indemnitee Expenses.

     15. Binding Effect. This Agreement shall be binding upon and inure to the
benefit of and be enforceable by the parties hereto and their respective
successors, assigns (including any direct or indirect successor by merger or
consolidation), spouses, heirs, and personal and legal representatives. This
Agreement shall continue in effect regardless of whether Indemnitee continues to
serve as an officer or director of the Company or another enterprise at the
Company's request.

     16. Severability. If any provision of this Agreement is held to be illegal,
invalid, or unenforceable under present or future laws effective during the term
hereof, that provision shall be fully severable; this Agreement shall be
construed and enforced as if that illegal, invalid, or unenforceable provision
had never comprised a part hereof; and the remaining provisions shall remain in
full force and effect and shall not be affected by the illegal, invalid, or
unenforceable provision or by its severance from this Agreement. Furthermore, in
lieu of that illegal, invalid, or unenforceable provision, there shall be added
automatically as a part of this Agreement a provision as similar in terms to the
illegal, invalid, or unenforceable provision as may be possible and be legal,
valid, and enforceable.

     17. Governing Law. This Agreement shall be governed by and construed and
enforced in accordance with the laws of the State of Delaware applicable to
contracts made and to be performed in that state without giving effect to the
principles of conflicts of laws.

     18. Headings. The headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of
this Agreement.

     19. Notices. Whenever this Agreement requires or permits notice to be given
by one party to the others, such notice must be in writing to be effective and
shall be deemed delivered and received by the party to whom it is sent upon
actual receipt (by any means) of such notice. Receipt of a notice by the
Secretary of the Company shall be deemed receipt of such notice by the Company.

     20. Complete Agreement. This Agreement constitutes the complete
understanding and agreement among the parties with respect to the subject matter
hereof and supersedes all prior agreements and understandings between the
parties with respect to the subject matter hereof, other than any
indemnification rights that Indemnitee may enjoy under the Certificate of
Incorporation, the Bylaws, or the Delaware General Corporation Law.

     21. Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but in making proof
hereof it shall not be necessary to produce or account for more than one such
counterpart.

                                       9
<PAGE>   10

     EXECUTED as of the date first written above.

                                            eVENTURES GROUP, INC.

                                            By:
                                               --------------------------------
                                            Name:
                                                 ------------------------------
                                            Title:
                                                  -----------------------------

                                            INDEMNITEE:

                                            -----------------------------------
                                            [Director or Officer's Name]

                                       10

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