Document:

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                                                                   EXHIBIT 10.11

                             House Rental Contract

Article 1    Subject and Conditions of Rental

<TABLE>
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<S>                  <C>                  <C>                   <C>                <C>                 <C>
Lessor (Party A)     Chiang Pai-yuan      ID Card Number        A121978362         Contact Address     7F, 4 Lane 370,
                     Chiang Jen-hang                            A121897219                             Shipai Road Section
                     Chiang Chou p'ing                          A121897228                             Two, Taipei City

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Lessee (Party B)     AUNET (US company)   Chairman              Tseng Ping-ti      Company Reg. No.    96971524
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Subject of Rental    12F, 6 Minchuan East Road Section Three, Taipei City          Rental Area         234.59 ping
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Deposit              NT$3.2 million                                                                    (including public
                                                                                                       facilities)
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Monthly Rental       NT$563,016                                                    Rental per Ping     NT$2,400
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Rental Period        Two  years, from November 1, 1998 to October 31, 2000
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Method of Payment    Rent to be paid every three months (the two year rental period shall be divided into eight payment
                     periods; on the first day of the first month of each period, Party B shall make payment to Party A with
                     a check for three months' rent, payable at sight).
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</TABLE>

Article 2   Deposit and Method of Payment of Rent

1.   On the expiry of the rental period, Party A shall return to Party B
     (without interest) the deposit of NT$3.2 million paid by Party B to Party
     A, provided that Party B has returned the rental property in its original
     condition, has paid to Party A all expenses payable to them; and has
     submitted to Party A the rental tax withholding slips and a copy of the
     certificate proving that Party B has changed their registered business
     address to a new address.
2.   Rent shall be payable beginning on November 1, 1998. Both parties agree
     that the property shall be handed over to Party B in the same condition as
     it was handed over to Party A by Mei Fu Construction.

Article 3   Stipulations Governing the Use of the Rental Property

1.   The whole of Party A's rental property as noted in this agreement,
     including the interior of the property and that portion of public
     facilities allocated to Party A (the total area being that noted in Article
     1) shall be rented to Party B for use as offices; it may not be used for
     any other purpose. Party B may not use the property for any other purpose,
     or for any purpose not covered by the areas of business noted on Party B's
     business registration license, without the permission of Party A. Party B
     further undertakes not to use rental property as the place of business of a
     securities firm, futures company, illegal investment company or any other
     business which would entail large numbers of the general public entering
     and

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     leaving the property; violation of this restriction will be treated as
     breach of contract. Party B may not sub-let, underlease, lend out, invite
     purchase of or in any other way make the use of the rental property, in
     part or in whole, available to a third party.
2.   The rental property may not be used for illegal purposes, or for the
     storage of dangerous articles, nor may it be used in such a way as to
     affect public safety or public health, or to cause disturbance. Party B may
     not install telecommunications antennae etc. without permission.
3.   Any signs set up by Party B bearing their company name must be in
     accordance with the uniform regulations for the whole building. Party B may
     not undertake decoration in, place advertisements on or store articles in
     the stairways, elevators, corridors and other public places, or on the
     external walls of the building, etc, so as avoid obstructing public use and
     passage.
4.   On the expiry of the rental period, Party B must immediately return the
     rental property. They may not require payment of removal fees or any other
     expenses from Party A.

Article 4  Custody and Maintenance of the Rental Property

1.   Party B shall make use of and maintain the rental property as a responsible
     custodian. In the event of any damage being caused to the property or its
     facilities by Party B, their family, employees or customers, whether
     willfully or as the result of oversight, Party B shall be required to pay
     compensation.
2.   If Party B wishes to undertake any major redecoration or alteration of the
     facilities, they must submit a written application (with the relevant plans
     and design contents appended) to Party A and the building management
     committee; only when their approval has been obtained may the work be
     undertaken. No harm may be caused to the original building, nor may the
     building structure or original architectural design be affected. On the
     expiry of the rental period, Party B must return the property to its
     original condition; they may request no compensation for this, in the event
     of any violation of these stipulations, Party B shall be required to
     restore the property completely and to pay compensation; Party A also has
     the right to arrange for repairs to be made themselves, in which case Party
     B

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     shall be required to pay all expenses incurred.
3.   Party B and their employees may not engage in any illegal behavior or
     behavior such as to violate public order within the rental property. In the
     event that this stipulation is violated, resulting in harm to Party A, the
     building or the subject property, Party B shall be required to accept joint
     responsibility.
4.   Party A has the right to enter the rental property to undertake testing,
     inspection, maintenance or repair of the original facilities, provided that
     notification is given to Party B in advance. Party B shall be responsible
     for the cost of maintenance of the facilities. In the event that breakdown
     of machinery is due to the age of the machinery rather than deliberate
     damage by Party B, Party A shall be responsible for the cost of repair.
5.   If, during the rental period, a fire or injury occurs as the result of the
     actions of Party B or their employees, whether deliberately or through
     oversight, all responsibility and liability for compensation shall be borne
     by Party B; Party A shall bear no responsibility.

Article 5  Tax and Other Expenses

1.   A11 rental income tax payable by Party A shall be withheld by Party B and
     paid monthly in accordance with the provisions of the Income Tax Law. The
     original copy of the annual tax return shall be submitted to Party A in
     February of the following year.
2.   With the exception of business use land tax, house tax and other taxes
     which the law requires be paid by Party A, all other water and electricity
     charges, cleaning fees, management fees, gas charges, telecommunications
     charges and other miscellaneous expenses relating to the management and use
     of the property, as well as all taxes payable as a result of Party B's
     business activities, shall be paid by Party B beginning on the date on
     which the rental property was transferred to Party B by Party A.

Article 6  Breach of Contract and Penalties.

1.   In the event that either party wishes to terminate the rental contract
     prior to the expiry of the rental period, they must notify the other party
     by registered post at least six months in advance. If the party

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     wishing to terminate the contract fails to provide this notification, this
     shall be treated as breach of contract. The party having committed breach
     of contract shall pay the other party an amount equivalent to one month's
     rent as penalty for breach of contract.
2.   In the event that Party B fails to pay the rent on time, or makes payment
     with a note which is dishonored, this shall be treated as breach of
     contract. In addition to being required to pay the rent immediately, Party
     B shall also be required to pay compensation for breach of contract to the
     amount of three times the daily rental payment for each day by which
     payment of rent is overdue.
3.   In the event that there is any change in Party B's business registration or
     chairman during the rental period, they must notify Party A, and must also
     arrange to have the rental terms re-notarized by the court, otherwise this
     shall be viewed as breach of contract.

Article 7  Termination of Rental Relationship

1.   In the event that any of the following applies to Party B, Party A may
     terminate this rental contract at any time; in this case, Party B must
     immediately return the rental property to Party A in its original
     condition:
2.   Where Party B is declared bankrupt by a court, has their property
     sequestered or leaves the rental property vacant with no business activity
     being undertaken for a period of two months or more.
3.   Where Party B violates any of the provisions of Article 3 or Article 4, and
     fails to make improvement after being notified to do so.
4.   Where Party B is overdue in payment of rent by one month, and violates any
     of the provisions of Article 1 or Article 6.
5.   On the expiry of the rental period, the rental relationship shall
     automatically be terminated. Party A is not required to notify Party B.
     Party B shall immediately return the rental property to Party A in its
     original condition.

Article 8  Points to Note Regarding the Expiry of the Rental Period or
           Termination of the Rental Contract

1.   On the day following the expiry of the rental period or termination of the
     rental contract, Party B shall return the rental property to Party A

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     in its original condition. If there is any damage to the rental property or
     its facilities, Party B shall unconditionally be required to repair the
     damage or make compensation.
2.   Within five days of the expiry of the rental period or termination of the
     rental contract, in the event that any objects, documents or furniture have
     been left in the rental property by Party B, these shall be treated as
     having been abandoned, and may be disposed of by Party A as the latter sees
     fit; Party B shall be required to pay the cost of disposal. Party B may
     raise no objection to this, and gives up the right of defense.

Article 9  Additional Provisions

1.   In the event that Party B wishes to extend the contract, they shall notify
     Party A at least two months prior to the expiry of the rental period. Party
     B shall have priority in the extension of contract only if no breach of
     contract occurred during the rental period. The amount of rental payment
     shall be agreed separately between the two parties.
2.   In the event that breach of contract by Party B results in a lawsuit, all
     legal expenses and lawyers' fees incurred by Party A shall be paid by Party
     B. Both parties agree that Taipei District Court, Taiwan ROC shall be taken
     as the court of first instance.
3.   Both parties agree that this contract shall not take effect until notarized
     by Taipei, District Court, Taiwan ROC. Notarization expenses shall be split
     50-50 between the two parties.
4.   Any written communication between the two parties shall be sent to the
     addresses noted in this contract. Communications shall be sent by
     registered post. In the event that either party refuses to accept delivery
     of a communication, the communication shall be treated as having been
     delivered.
5.   Any matters not covered by this contract shall be settled fairly in
     accordance with the relevant laws and regulations, normal practice and the
     principle of integrity.
6.   There are three copies of this contract, one each to be retained by Party A
     and Second Party, and one to be retained by the court after notarization.

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Signatories:

     Party A:
          Lessor:        Chiang Pai-yuan (1/3 holding)
          Address:       3F, 215-1 Chungshan North Road Section
                         Seven, Shihlin District, Taipei City
          ID Card No.:   A129783625

          Lessor:        Chiang Jen-hang (1/3 holding)
          Address:       5F, 6 Lane 81, Chungshan North Road Section
                         Seven, Shihlin District, Taipei City
          ID Card No.:   A121897219

          Lessor:        Chiang Chou-p'ing (1/3 holding)
          Address:       3F, 215-1 Chungshan North Road Section
                         Seven, Shihlin District, Taipei City
          ID Card No.:   A121897228

     Party B:
          Lessee:               AUNET (Taiwan) Ltd.
          Person-in-Charge:     Tseng Ping-ti
          Address:              12F, 6 Minchuan East Road; Section
                                Three, Taipei City
          Representative:       An Juo-ch'u

October 29, 1998

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<PAGE>

                        Taipei District Court of Taiwan

                           Division of Notary Public

                           Statement of Notary Public

Date:     Oct. 29, 1998
Ref. No.: (Jen)-87-#173351

Applicant:          Lessor Chiang Pai-yuan
     Sex:           Male
     Native Place:  Taipei City
     DOB:           May 1, 1963
     Occupation:    Business
     ID#:           A121978362
     Address:       3F #215-1, Chung-shan N. Rd., Sec. 7, Taipei City

Applicant:          Lessor Chiang Yen-hang
     Sex:           Male
     Native Place:  Taipei City
     DOB:           Oct. 30, 1965
     Occupation:    Business
     ID#:           A121897219
     Address:       5F #6, Lane 82, Chung-shan N. Rd, Sec. 7, Taipei City

Applicant:          Lessor Chiang Chou-p'ing
     Sex:           Male
     Native Place:  Taipei City
     DOB:           May 6, 1967
     Occupation:    Business
     ID#:           A121897228
     Address:       5F #6, Lane 82, Chung-shan N. Rd., Sec. 7, Taipei City

     Remarks

Applicant:          Lessee AUNET (Taiwan) Ltd. (USA)

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     By:            Tseng Ping-ti (Person-in-Charge)
     Sex:           Male
     Native Place:  USA
     DOB:           Oct. 4, 1942
     Occupation:    Business
     ID#:           D53471124
     Address:       12F, #6, Minchuan E. Road, Sec. 3, Taipei City

     Remarks

Agent for the Lessee:   An Juo-ch'u
     Sex:           Male
     Native Place:  Taipei City
     DOB:           Aug. 20, 1958
     Occupation:    Business
     ID#:           F122234597
     Address:       3F #9-3, Lane 140, Minchuan E. Rd., Sec. 3, Taipei City
     Remarks

Legal act or private fact applied for notary public:

     On account of the aforementioned housing rental contract executed between
the Lessors and the Lessee named in the said contract whereas both parties have
agreed to observe and execute each and every provision set forth in the said
contract, both parties now have sought this notary public in order to legally
protect the parties hereto and avoid litigation.

Intent of the Compulsory Enforcement under Application:

     Where the Lessee agrees to pay the rental or fine for breach of contract
and vacate the leased premises upon expiry of the contract and the Lessors agree
to refund the security deposit as agreed upon, compulsory enforcement shall be
put into effect in the event that failure to perform such agreement is noticed
to exist.  The compulsory enforcement shall apply also to the joint guarantor,
if any.

Intent of this notary public and legal basis:

     The attached private agreement is being notarized in pursuance of Articles
4(1) and 11(1)(1) and 11(1)(3) of the Notary Public Law upon the presentation of
the concerned documents that were verified to be true and correct in the
presence of all interested parties.

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Date and location this statement of notary public is sanctioned:

Oct. 29, 1998, Division of Notary Public, Taipei District Court of Taiwan

This statement of notary public has been acknowledged by the parties present at
the scene whose signatures are shown here below:

     Lessor Chiang Pai-yuan (signed and with seal)
     Lessor Chiang Jen-hang (signed and with seal)
     Lessor Chiang Chou-p'ing (signed and with seal)

     Lessee AUNET (Taiwan) Ltd. (USA)
     By:  Tseng Ping-ti (Person-in-Charge) (signed and with seal)

     Agent for the Lessee:  An Juo-ch'u (signed and with seal)

     Cheng Hui-chia (signed)
     Notary Public
     Division of Notary Public
     Taipei District Court of Taiwan

     (With Official Seal)

                                       3<PAGE>

                                                                   Exhibit 10.15

                             EMPLOYMENT AGREEMENT

          This AGREEMENT is entered into as of April 16, 2000, by and between
Jon Beizer ("Executive") and iAsiaWorks, Inc., a California corporation (the
"Company").

          1.  Duties and Scope of Employment.
              ------------------------------

                    (a)  Position and Duties.  For the term of his employment
                         -------------------
under this Agreement, the Company agrees to employ Executive in the position of
President - U.S. and Chief Financial Officer ("CFO"). Executive shall report to
the Company's Chief Executive Officer ("CEO"), and his position will be based at
the Company's corporate headquarters in San Mateo, California. Executive will be
responsible for the management of the Company's U.S. business, including
managing the Company's financial functions such as reporting, fundraising,
merger and acquisition activities and other projects as assigned by the CEO. In
performing his duties to the Company, Executive shall spend no more than twenty
percent (20%) of his time travelling.

                    (b)  Obligations to the Company.  During the term of his
                         --------------------------
employment, Executive shall devote his full business efforts and time to the
Company; provided, however, that this shall not preclude Executive from serving
as a member of the board of directors of up to three other companies, with the
prior consent of the Company's Chief Executive Officer and Board of Directors,
to the extent such other companies do not compete with the Company and to the
extent such service does not materially impact the ability of Executive to
fulfill his obligations to the Company. Executive shall comply with the
Company's policies and rules, as they may be in effect from time to time during
the term of his employment.

                    (c)  No Conflicting Obligations.  Executive represents and
                         --------------------------
warrants to the Company that he is under no obligations or commitments, whether
contractual or otherwise, that are inconsistent with his obligations under this
Agreement. Executive represents and warrants that he will not use or disclose,
in connection with his employment by the Company, any trade secrets or other
proprietary information or intellectual property in which Executive or any other
person has any right, title or interest and that his employment by the Company
as contemplated by this Agreement will not infringe or violate the rights of any
other person or entity. Executive represents and warrants to the Company that he
has returned all property and confidential information belonging to any prior
employers.

                    (d)  Commencement Date.  The employment of Executive by the
                         -----------------
Company shall be governed by this Agreement beginning as of the date first
written above ("Effective Date.")

          2.   Term of Employment.
               ------------------

                    (a)  Basic Rule.  The Company agrees to continue Executive's
                         ----------
employment, and Executive agrees to remain in employment with the Company, from
the Commencement Date set forth in Section 1(d) until the date when Executive's
employment terminates pursuant to Subsection (b) below (the "Employment
Period").  Executive's
<PAGE>

employment with the Company shall be "at will," which means that either
Executive or the Company may terminate Executive's employment at any time, for
any reason, with or Without Cause. Any contrary representations, which may have
been made to Executive shall be superseded by this Agreement. This Agreement
shall constitute the full and complete agreement between Executive and the
Company of the "at will" nature of Executive's employment, which may only be
changed in an express written agreement signed by Executive and a duly
authorized officer of the Company.

                    (b)  Termination. The Company or Executive may terminate
                         -----------
Executive's employment at any time for any reason (or no reason), and with
"Cause" or "Without Cause," by giving the other party fourteen (14) days' notice
in writing. Executive's employment shall terminate automatically in the event of
his death.

          3.   Cash and Incentive Compensation.
               -------------------------------

                    (a)  Salary.  The Company shall pay Executive as
                         ------
compensation for his services an annual base salary of $250,000 payable bi-
monthly and in accordance with the Company's standard payroll schedule. (The
compensation specified in this Subsection (a), together with any increases in
such compensation that the Company may grant from time to time, are referred to
in this Agreement as "Base Salary.")

                    (b)  Bonus.  Executive will be eligible to earn an annual
                         -----
bonus (the "Target Bonus") equal to a maximum of forty percent (40%) of his Base
Salary. At least fifty percent (50%) of the Target Bonus will be a guaranteed
bonus, to be paid to Executive in the form of deferred compensation, in two
equal, bi-annual payments. Half of the guaranteed bonus will be paid on July 1,
2000 and the remainder of the guaranteed bonus will be paid on January 1, 2001.
Increase of the guaranteed bonus must be approved by the Board, upon the
recommendation of the CEO.

                    Beginning January 1, 2001, Executive will be eligible to
earn the remaining portion of the Target Bonus, which will be based on
Executive's achievement of performance criteria to be mutually agreed upon by
the parties, and approved by the CEO of the Company.

                    (c)  Stock Option.  The unvested shares of Executive's stock
                         ------------
option granted by the Company under the Stock Option Plan, dated _____ 1995 (the
"Plan") shall continue to vest pursuant to the Plan. Upon the filing of an
initial public offering, Executive shall receive a stock option to purchase
shares representing one-half (1/2) of one percent (1%) of the then fully diluted
stock of the Company.

                       (i)  Termination Following Change of Control. If, within
                            ---------------------------------------
one year following a "Change of Control," Executive resigns for "Good Reason" or
the Company terminates Executive's employment "Without Cause," then Executive
shall receive: (A) a lump sum severance payment equal to nine (9) months of his
Base Salary; (B) the full amount of his Target Bonus for the year in which
Executive is terminated; and (C) immediate vesting of the unvested shares of all
options currently held by Executive, with the Company's repurchase right lapsing
as to such shares.

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<PAGE>

                    (ii)  Termination Outside Change of Control.  If the Company
                          -------------------------------------
terminates Executive's employment "Without Cause" or Executive resigns for "Good
Reason" outside a Change of Control, then Executive shall receive: (A) a lump
sum severance payment equal to nine (9) months of his Base Salary; (B) immediate
vesting of the unvested shares of all options currently held by Executive, with
the Company's repurchase right lapsing as to such shares; and (C) a pro-rated
portion of Executive's full Target Bonus, based on Executive's length of service
to the Company during the calendar year in which he is terminated. In other
words, upon this termination event, Executive is to receive the full Target
Bonus representing forty percent (40%) of his Base Salary, an amount which is to
be adjusted according to the fraction of the year in which Executive was
employed immediately prior to his termination.

                    (iii) Effect of Change of Control on Stock Option Value.  In
                          -------------------------------------------------
the event that a Change of Control renders Executive's stock option worthless,
the Board shall engage in good faith negotiations with Executive to determine
and implement a fee payable to Executive for his services in assisting with the
transaction ("Success Fee").  The Company shall pay Executive the Success Fee
upon the closing date of the Change of Control.  This section 3(c)(vi) shall
only apply while the Company is private.

                    (iv)  Definitions.

                          (a) "Change of Control." For all purposes under this
                               -----------------
Agreement, "Change of Control" shall mean (i) a merger or consolidation in which
securities possessing at least fifty percent (50%) of the total combined voting
power of the Corporation's outstanding securities are transferred to a person or
persons different from the persons holding those securities immediately prior to
such transaction, or (ii) the sale, transfer or other disposition of all or
substantially all of the Corporation's assets in complete liquidation or
dissolution of the Corporation.

                          (b) "Good Reason." For all purposes under this
                               -----------
Agreement, "Good Reason" for Executive's resignation will exist if he resigns
within sixty (60) days of any of the following events: (i) any reduction in his
Base Salary or Target Bonus; (ii) any material reduction in his benefits; (iii)
a change in his position with the Company or a successor company which reduces
his duties or level of responsibility, other than Executive no longer being the
Chief Financial Officer of the Company so long as he remains its President -
U.S.; (iv) a requirement that Executive travel more than twenty percent (20%) of
his time; or (v) any requirement that he relocate his place of employment by
more than thirty-five (35) miles from his then current office, provided such
reduction, change or relocation is effected by the Company without his written
consent. A resignation by Executive under any other circumstance or for any
other reason will be a resignation without "Good Reason."

                          (c) Termination for "Cause."  For all purposes under
                              ----------------------
this Agreement, a termination for "Cause" shall mean a good faith determination
by the Company's Board of Directors that Executive's employment be terminated
for any of the following reasons: (i) willful misconduct which materially
damages the Company; (ii) misappropriation of the assets of the Company; or
(iii) conviction of, or a plea of "guilty" or "no contest" to a felony under the
laws of the United States or any state thereof. A termination of Executive's
employment in any other circumstance or for any other reason will be a
termination "Without Cause."

                                       3
<PAGE>

          4.   Vacation and Executive Benefits.  During the term of his
               -------------------------------
employment, Executive shall be eligible for three (3) weeks of paid vacation
each year, in accordance with the Company's standard policy for similarly
situated employees, as it may be amended from time to time. During the term of
his employment, Executive shall be eligible to participate in any employee
benefit plans maintained by the Company for similarly situated employees,
subject in each case to the generally applicable terms and conditions of the
plan in question and to the determinations of any person or committee
administering such plan.

          5.   Business Expenses.  During the term of his employment, Executive
               -----------------
shall be authorized to incur necessary and reasonable travel and other business
expenses in connection with his duties hereunder.  The Company shall reimburse
Executive for such expenses upon presentation of an itemized account and
appropriate supporting documentation, all in accordance with the Company's
generally applicable policies.

          6.   Non-Solicitation and Non-Disclosure.
               -----------------------------------

                    (a)  Non-Solicitation.  During the period commencing on the
                         ----------------
date of this Agreement and continuing until the first anniversary of the date
when Executive's employment terminates for any reason, Executive shall not
directly or indirectly, personally or through others, solicit or attempt to
solicit (on Executive's own behalf or on behalf of any other person or entity)
for hire any employee or consultant of the Company or any of the Company's
affiliates.

                    (b)  Non-Disclosure.  As a condition of employment,
                         --------------
Executive will execute the Company's standard Proprietary Information Agreement,
a copy of which is attached.

          7.   Successors.
               ----------

                    (a)  Company's Successors. This Agreement shall be binding
                         --------------------
upon any successor (whether direct or indirect and whether by purchase, lease,
merger, consolidation, liquidation or otherwise) to all or substantially all of
the Company's business and/or assets. For all purposes under this Agreement, the
term "Company" shall include any successor to the Company's business and/or
assets which becomes bound by this Agreement.

                    (b)  Executive's Successors. This Agreement and all rights
                         ----------------------
of Executive hereunder shall inure to the benefit of, and be enforceable by,
Executive's personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees.

          8.   Indemnity.  The Company will indemnify and provide a defense to
               ---------
Executive to the full extent permitted by law and its bylaws with respect to any
claims arising out of the performance of his duties as an employee, director or
officer of the Company.  To the same extent, the Company will pay, and subject
to any legal limitations, advance all expenses, including reasonable attorney
fees and costs of court-approved settlements, actually and

                                       4
<PAGE>

necessarily incurred by Executive in connection with the defense of any action,
suit or proceeding and in connection with any appeal, which has been brought
against Executive by reason of his service as an officer, director or agent of
the Company, or his acceptance of this Agreement or the performance of his
duties thereunder. The Company shall use its best efforts to obtain coverage for
Executive under a liability insurance policy or policies that cover the actions
of officers and directors of the Company.

          10.  Arbitration.  Any controversy between the parties hereto
               -----------
involving the construction or application of any terms, covenants or conditions
of this Agreement, or any claims arising out of or relating to this Agreement or
the breach thereof or your employment with the Company or any termination of
that employment, will be submitted to and settled by final and binding
arbitration in Palo Alto, California, in accordance with the Model Employment
Dispute Resolution Rules of the American Arbitration Association (the "Rules"),
or any other applicable rules of the AAA then in effect. Any arbitrator shall be
selected pursuant to such Rules and judgment upon the award rendered by the
arbitrators may be entered in any court having jurisdiction thereof.

          11.  Miscellaneous Provisions.
               ------------------------

                    (a)  Notice.  Notices and all other communications
                         ------
contemplated by this Agreement shall be in writing and shall be deemed to have
been duly given when personally delivered or when mailed by overnight courier,
U.S. registered or certified mail, return receipt requested and postage prepaid.
Mailed notices shall be addressed to Executive at the home address which he most
recently communicated to the Company in writing. In the case of the Company,
mailed notices shall be addressed to its corporate headquarters, and all notices
shall be directed to the attention of its Secretary.

                    (b)  Modifications and Waivers.  No provision of this
                         -------------------------
Agreement shall be modified, waived or discharged unless the modification,
waiver or discharge is agreed to in writing and signed by Executive and by an
authorized officer of the Company (other than Executive). No waiver by either
party of any breach of, or of compliance with, any condition or provision of
this Agreement by the other party shall be considered a waiver of any other
condition or provision or of the same condition or provision at another time.

                    (c)  Whole Agreement.  No other agreements, representations
                         ---------------
or understandings (whether oral or written) which are not expressly set forth in
this Agreement have been made or entered into by either party with respect to
the subject matter of this Agreement. This Agreement, the Proprietary
Information Agreement, and applicable stock option agreements and stock plans,
contain the entire understanding of the parties with respect to the subject
matter hereof.

                    (d)  Taxes.  All payments made under this Agreement shall be
                         -----
subject to reduction to reflect taxes or other charges required to be withheld
by law.

                    (e)  Choice of Law.  The validity, interpretation,
                         -------------
construction and performance of this Agreement shall be governed by the laws of
the State of California (except provisions governing the choice of law).

                                       5
<PAGE>

                    (f)  Severability.  The invalidity or unenforceability of
                         ------------
any provision or provisions of this Agreement shall not affect the validity or
enforceability of any other provision hereof, which shall remain in full force
and effect.

                    (g)  No Assignment.  This Agreement and all rights and
                         -------------
obligations of Executive hereunder are personal to Executive and may not be
transferred or assigned by Executive at any time. The Company may assign its
rights under this Agreement to any entity that assumes the Company's obligations
hereunder in connection with any sale or transfer of all or a substantial
portion of the Company's assets to such entity.

                    (h)  Headings.  The headings of the paragraphs contained in
                         --------
this Agreement are for reference purposes only and shall not in any way affect
the meaning or interpretation of any provision of this Agreement.

                    (i)  Counterparts.  This Agreement may be executed in two or
                         ------------
more counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

          IN WITNESS WHEREOF, each of the parties has executed this Agreement,
in the case of the Company by its duly authorized officer, as of the day and
year first above written.

                                     EXECUTIVE

                                     ____________________________________
                                     Jon Beizer

                                     iAsiaworks Corporation

                                     By:__________________________________

                                     Title:_______________________________

                                       6

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