Document:

EMPLOYMENT AGREEMENT
                              --------------------

THIS  made  as  of  the  1st  day  of  September,  1999.

BETWEEN:

                    E-FINANCIAL  DEPOT.COM,  INC.  with  offices  at  150 - 1875
                    Century Park East, Century City, California, 90067

                    (hereinafter referred to as the "Company")

                                                               OF THE FIRST PART

AND:

                    JOHN  F.  HUGUET,   c/o  1005  -  750  West  Pender  Street,
                    Vancouver, British Columbia, Canada V6C 2T8

                    (hereinafter referred to as "Contractor")

                                                              OF THE SECOND PART

A.   it has been  understood  and agreed  between the Contractor and the Company
     that an  employment  agreement  would  be  drawn  up and  submitted  to the
     Contractor and the Company for approval; and

B.   the  Contractor  and the Company now wish to formally  record the terms and
     conditions  upon which the  Contractor  will continue to be employed by the
     Company and that they have agreed to the terms and  conditions set forth in
     this Agreement, as evidenced by their execution hereof.

NOW  THEREFORE  THIS  AGREEMENT  WITNESSES  that  in consideration of the mutual
covenants  and agreements herein contained and for other good and other valuable
consideration,  the  parties  agree  as  follows:

1.     Employment.
      ------------

The  Contractor  shall  be employed by the Company in the position of, and shall
perform  the functions of, President and Chief Executive Officer of the Company.

2.     Term.
       -----

The  term  of  employment under this Agreement shall commence and shall continue
thereafter  until  terminated  as  hereinafter  provided.

<PAGE>
3.     Inducement  to  Hiring

In  consideration  of  the  Contractor  agreeing to enter into this Contract the
Company  shall:

     (a)  issue to the Contractor  1,000,000  shares in the capital stock of the
          Company, said shares being subject to restrictions under Rule 144; and

     (b)  grant to the Contractor an option to acquire  1,000,000  common shares
          of the Company at a price of $1.25 per share, said option  exercisable
          for a term of 5 years and  subject to  "topping  up" upon any  partial
          exercise  in  accordance  with  the  terms  of  the  option  with  any
          subsequent  options  granted to have an  exercise  price  equal to the
          market price of the Company's shares at the time of such grants.

4.     Salary.
       -------
The  Contractor shall receive a base salary of $150,000.00 U.S. Dollars, subject
to  such  annual  increases  as  the  board  of  directors  of the Company shall
determine,  together  with such annual bonus based upon performance as shall, at
the  sole  discretion  of  the  Company's  compensation  committee,  be awarded.

5.     Termination.

This  Agreement  may  be  terminated  only  as  follows:

     (a)  by the death of the Contractor;

     (b)  by the  Company  upon six  months'  written  notice if the  Contractor
          becomes unable to render or perform duties and responsibilities  which
          the  Contractor  is to  discharge  hereunder  by  reason  of  total or
          permanent physical or mental disability;

     (c)  by the Contractor  upon 30 days' written notice or such shorter period
          as may be agreed to by the Company and the Contractor;

     (d)  by the Company in the  circumstances in which there is no "cause" upon
          the Company  complying  with the  provisions  of paragraphs 6, 7 and 8
          hereof;

     (e)  by the Contractor in the circumstances and upon the terms described in
          paragraph  10  hereof,  whether  or not there  has been a  "Change  of
          Control", as defined in paragraph 9 hereof.

For  clarity,  if  the  Company terminates the employment of the Contractor as a
result of the Contractor's refusal to physically relocate, the termination shall
not  be  for  cause  and  the  provisions  of subparagraph 5(e) will apply.  The
Company shall not dismiss the Contractor pursuant to subparagraphs 5(b), 5(c) or
5(e)  unless  such  dismissal  is  specifically approved by the directors of the
Company.

<PAGE>
6.     Severance.
       ----------

If  the  employment  of  the  Contractor  is  terminated:

     (a)  under  subparagraph 5(e), other than as contemplated under (b), herein
          the  Company  shall  pay to the  Contractor  the  following  lump  sum
          severance payment:

          (i)  in  circumstances  where the  Contractor has been employed by the
               Company  for more than two years  but less than 3 1/2  years,  an
               amount  equal to 9 months of base  salary and  monetary  benefits
               together  with an amount  equal to 3/4 of the most recent  annual
               bonus paid to the Contractor;

          (ii) in  circumstances  where the  Contractor has been employed by the
               Company  for more  than 3 1/2  years  but less  than 4 years,  an
               amount  equal to 12 months of base salary and  monetary  benefits
               together  with an amount  equal to the most recent  annual  bonus
               paid to the Contractor;

          (iii)in  circumstances  where the  Contractor has been employed by the
               Company  for more than 4 years  but less than 5 years,  an amount
               equal to 15 months of base salary and monetary  benefits together
               with an amount equal to 1 1/4 times the most recent  annual bonus
               paid to the Contractor;

          (iv) in  circumstances  where the  Contractor has been employed by the
               Company  for more than 5 years,  an amount  equal to 18 months of
               base salary and monetary  benefits  together with an amount equal
               to 1  1/2  times  the  most  recent  annual  bonus  paid  to  the
               Contractor;

     (b)  under  subparagraph  5(e), as contemplated under paragraph 9, or under
          subparagraph  5(e) in  circumstances  where a Change  of  Control  (as
          hereinafter defined) occurs within 120 days following the Contractor's
          termination,  the Company shall  promptly pay to the Contractor a lump
          sum  severance  payment in an amount equal to 18 months of base salary
          and monetary benefits together with an amount equal to 1 1/2 times the
          most recent annual bonus paid to the Contractor

7.     Benefits.
       ---------

During  the  term  of this Agreement the Contractor shall receive such executive
benefit  plans and other compensation programs as the Company generally provides
its  other  salaried  executives.  If  the  employment  of  the  Contractor  is
terminated  under  subparagraphs  5(d) or 5(e) the Company shall continue to pay
contributions  to  the Contractor's medical, dental and health plans, pension or
group or individual RRSP plans and insurance, shall maintain executive loans and
continue  to  pay  all  privileges  including  automobile  allowances  and other
benefits generally available to other Contractor executives of the Company for a
period  equal  to the period of severance payments determined in accordance with
paragraph  6  hereof  provided  that,  if the Contractor no longer qualifies for
inclusion  in any medical, dental, health or other benefit plans of the Company,
the  Company  shall  pay to the Contractor such amounts as are necessary for the
Contractor  to  arrange  to  obtain such benefits privately for the remainder of
such  period.

<PAGE>
8.     Stock  Options.
       ---------------

If  the  employment  of the Contractor is terminated under subparagraphs 5(d) or
5(e)  then  the  term  during  which any option to purchase common shares of the
Company and the term during which any option to purchase common shares any other
corporation,  if  such  option  was granted to the Contractor in relation to the
Contractor's employment with the Company, shall be extended in every case to the
later  of  the  expiry date of such options (collectively the "Options") and the
end  of the period of severance payments determined in accordance with paragraph
6  hereof.  In  addition,  any  provisions  which  restricts the exercise of the
Options  before  a  particular  date  shall  be  waived.  Subject  to  required
regulatory  approvals,  if  the exercise price of any option granted at the same
time  as  any option granted to the Contractor is reduced, the exercise price of
the  option  granted  to  the Contractor shall be reduced to the lowest price at
which  common  shares  of  the  corporation granting the option may be purchased
pursuant  to  any  repriced  option.  The terms of any option agreement shall be
deemed  to  be  amended  to  reflect  the  provisions  of  this  paragraph  8.

9.     Change  of  Control.
       --------------------

If  a  "Change  of  Control" (as hereinafter defined) occurs the Contractor may,
within 180 days of the effective date of the Change in Control, give notice (the
"Termination  Election")  to the Company that he has elected to treat the Change
of  Control  as a termination of this Agreement.  The Company at that time shall
for  all  purposes  be deemed to have terminated this Agreement without cause in
accordance with subparagraph 5(d) hereof and the Contractor shall be entitled to
the  benefit  of  the  provisions  of  paragraphs  6(b),  7 and 8 hereof.  If no
Termination Election is received by the Company within 180 days of the effective
date  of  a Change of Control, the Contractor shall be deemed to have elected to
continue  his  employment  with  the  Company  under the terms of this Agreement
subject  to  the  provisions  of  paragraph  10.  For  the  purposes  of  this
subparagraph  and  subparagraph 5(e) of this Agreement, a "Change of Control" of
the  Company  shall  have  occurred  when:

     (a)  any Person (as defined in the  Securities Act (British  Columbia),  as
          amended  from time to time) or  combination  of  Persons  acquires  or
          becomes  the  beneficial  owner of,  directly or  indirectly,  whether
          through the acquisition of previously  issued and  outstanding  voting
          securities  or of voting  securities  which  have not been  previously
          issued, or any combination  thereof or any other transaction  having a
          similar  effect,  a sufficient  number of securities of the Company to
          affect  materially  the  control of the  Company or 20% or more of the
          voting securities of the Company;

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

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

<PAGE>
     (d)  the Company consolidates or merges with or into, amalgamates or enters
          into a statutory arrangement with any other Person;

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

     (f)  any  Person  not part of  existing  management  of the  Company or any
          Person not  controlled by the Company or any affiliate of the Company,
          enters into any  arrangement to provide all or  substantially  all the
          management services to the Company;

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

     (h)  the Company enters into any  transaction  or  arrangement  which would
          have the same or similar  effect as the  transactions  referred  to in
          (b),(d),(e) or (f) above.

10.     Material  Changes
        -----------------

Subsequent  to  a Change of Control, the Contractor may by written notice to the
Company  elect to terminate the Contractor's employment and the Contractor shall
be  entitled  to the benefit of the provisions of paragraphs 6(b),7 and 8 hereof
if  there  occurs  within  one  year  of  a Change of Control one or more of the
following  events:

     (a)  an   adverse   material   change  in  the   Contractor's   duties  and
          responsibilities such that the Contractor is required to assume duties
          that are not consistent with or relinquish  responsibilities  that are
          consistent with, those performed by the Contractor prior to the Change
          of Control;

     (b)  an adverse material change in the salary or benefits of the Contractor
          from those received by the Contractor prior to the Change of Control;

     (c)  a diminution of the title of the  Contractor as it exists  immediately
          prior to the Change in Control; or

     (d)  a  change  in the  person  or  body  to whom  the  Contractor  reports
          immediately  prior to the Change of Control,  except if such person is
          of  equivalent  rank or stature  or such  change is as a result of the
          resignation  or removal of such persons,  provided that this shall not
          include a change  resulting  from a promotion in the normal  course of
          business.

11.     Relocation  Expenses.
        ---------------------

If  the Contractor moved to California to accept employment with the Company and
if the Contractor has been resident in California for less than 12 months at the
time that the Contractor becomes entitled to a payment pursuant to paragraphs 6,

<PAGE>
7 or 8 hereof as a result of the termination or deemed termination of employment
under subparagraph 5(d) or 5(e) or paragraph 10, the Company shall reimburse the
Contractor  for  all  reasonable expenses incurred in relocating himself and his
immediate family and their household effects back to the location from which the
Contractor  moved.

12.     Business  Expenses.
        -------------------

The  Contractor  will  be  reimbursed by the Company for all reasonable business
expenses  incurred  by  the  Contractor  in  connection  with  his duties within
previously  approved budgets upon submission of a monthly statement of expenses.

13.     Vacation.
        ---------

The  Contractor shall be entitled to periods of vacation during the term of this
Agreement  upon  terms  and  conditions  as  established  by the Company (or any
assignee  Company  pursuant to Paragraph 12 hereof) and consistently applied for
its  other  salaried  Contractors.

14.     Disclosure  of  Information.
        ----------------------------

The Contractor shall not, at any time during the employment of the Contractor by
the  Company  and/or  at  any time thereafter, directly or indirectly, disclose,
communicate,  divulge,  furnish  or make accessible or available, in whole or in
part,  to  any person, firm, company, corporation or other entity, or use in any
fashion,  other  than  in  the  discharge  and  performance  of  the  duties and
responsibilities of the Contractor to the Company, any confidential information,
material  or  matter relating to the business of, or any other trade secrets of,
the  Company  or  any  firm, company, corporation or other entity related to the
Company  (Company's Affiliates") obtained or acquired while in the employ of the
Company.  The  Contractor  and  the  Company hereby specifically acknowledge and
agree  that any information concerning (a) the business, operation or methods of
the  Company  and  the Company's Affiliates, (b) the customers or clients of the
Company  and  the  Company's Affiliates, (c) the past present or future research
done  by  the  Company  and  the Company's affiliates, and (d) any method and/or
procedure relating to or pertaining to projects developed by the Company and the
Company's  Affiliates  or  contemplated  by  the  Company  and  the  Company's
Affiliates,  are  of material importance and significance to the business of the
Company.  Accordingly,  the  Contractor  and  the  Company agree that all of the
above  not  readily  available  from  an unrelated third part are to the maximum
extent  permitted by law to be regarded as information or material which is of a
confidential  nature;  that  trade  secrets  of  the  Company  or  the Company's
Affiliates  shall  be  deemed  to  include  any  and  all  processes, equipment,
machinery, devices, techniques, methods, designs, inventions, materials, formula
and  the  like  (whether patentable or not) used by the Company or the Company's
Affiliates  in  the  conduct  of  its or their business, and all data, know-how,
drawings,  plans, written instructions or other writings, relating or pertaining
thereto  or  to any other aspect of the business of the Company or the Company's
Affiliates,  which  are  not  in  the  "public  domain"  or  not  generally know
throughout  the  industry of which the Company of the Company's Affiliates are a
part;  that  any  and  all such confidential information, material or matter, or
trade secrets, from time to time disclosed, divulged, communicated, furnished or
made  available  to  the  Contractor  is  solely for the purpose of enabling the
Contractor  to  perform  and  discharge  the  duties and responsibilities of the
Contractor to the Company; that no such disclosure, divulgence, communication or
the  like shall in any manner whatsoever be deemed or construed to derogate from
or affect any of the provision set forth herinabove; and that it is the specific
intent  of the Company and the Contractor that each and all of the provision set
forth  herein  shall  be valid and enforceable as specifically set forth herein.
If it shall be judicially determined that any of the provisions set forth herein

<PAGE>
shall  not  be  valid  or  enforceable  as  specifically  set forth herein, such
provision  shall  not  be  declared invalid but rather shall be modified in such
manner  so  as  to result in the same being valid and enforceable to the maximum
extent  permitted  by law.  In the event of a breach or threatened breach by the
Contractor  of the provisions of this Paragraph, the Company may, in addition to
any  other  remedies  it  may  have,  obtain  injunctive  relief in any court of
appropriate  jurisdiction  to  enforce  this  Paragraph.  The provisions of this
Paragraph  shall survive the expiration or termination, for any reasons, of this
Agreement  and  shall  be  separately  enforceable.

15.     General
        -------

     (a)     Assignment.
             -----------

The  rights  and obligations of the Contractor hereunder are not assignable.  If
the  Contractor  has  not  elected  to  terminate the Contractor's employment in
accordance with the terms of this Agreement, this Agreement shall be assigned by
the  Company  to  any  successor corporation of the Company and shall be binding
upon  such  successor  corporation.  The Company shall ensure that the successor
corporation  shall  continue  the provisions of this Agreement as if it were the
original  party in place of the Company; provided however that the Company shall
not  thereby  be  relieved  of any obligation to the Contractor pursuant to this
Agreement.  If  there occurs a Change in Control, the Company shall be obligated
to  ensure  that  the  successor  corporation  honours  this Agreement as if the
Contractor  had  exercised his maximum rights hereunder as of the effective date
of  such  transaction.

     (b)     Entire  Agreement.
             ------------------

This Agreement shall supercede and replace any prior contract of employment that
exists  between the Company or any subsidiary of the Company and the Contractor.

     (c)     Independent  Advice.
             --------------------

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

     (d)     Controlling  Law.
             -----------------

The  validity and construction of this Agreement or  any of its provisions shall
be  determined  under  the  laws  of  the  Province  of  British  Columbia.  The
invalidity  or  unenforceability  of  part  or  all  of  any  provisions of this
Agreement  shall  not  affect  or  limit  the validity and enforceability of the
remainder  of  such  provision  and  other  provisions  of  this  Agreement.

<PAGE>
     (e)     Counterparts  and  by  Facsimile.
             ---------------------------------

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

     (f)     Miscellaneous.
             --------------

This  Agreement  may  not be changed orally, but only by an agreement in writing
signed  by  the  party  against  whom  enforcement  of  any  waiver,  change,
modification,  extension  or  discharge  is  sought.

     (g)     Headings.
             ---------

The  headings herein are inserted only as a matter of convenience and reference,
and  in  no  way  define,  limit  or describe the scope of this Agreement or the
intent  of  the  provisions  thereof.

     (h)     Currency.
             ---------

All  references  to  monetary  amounts  in this Agreement are to lawful money in
Canada.

     (i)     Damages.
             --------

All  payments  provided  for  herein  shall be in lieu of other notice or damage
claims as regards the dismissal or termination of employment with the Company or
any  subsidiary  of  the Company of the Contractor after a Change in Control and
the  arrangements  provided  for  herein  shall  be  considered  in any judicial
determination  of appropriate damages at common law for dismissal without cause,
other  than  as  provided  for  in  this  Agreement.

     (j)     Beneficiaries.
             --------------

In  the  event  that  the  Contractor  dies prior to the satisfaction of all the
obligations  of  the Company under this Agreement, any remaining amounts payable
to  the  Contractor  by  the Company and any rights of the Contractor including,
without limitation, pursuant to the Options, shall be paid to or exerciseable by
the person or persons previously designated by the Contractor to the Company for
such  purposes.  Any such designation of beneficiaries shall be made in writing,
signed  by the Contractor and dated and filed with the Secretary of the Company.
In  the event that no designation is made, all such amounts shall be paid by the
Company  to  the  estate  of  the  Contractor.

     (k)     Further  Assurances.
             --------------------

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

<PAGE>
     (l)     Notices.
             --------

Any  election  or designation to be made by the Contractor pursuant to the terms
of  this  Agreement  shall be by notice in writing pursuant to the terms of this
Agreement  shall  be  by  notice  in  writing  addressed to the attention of the
President  of  the  Company and shall be delivered to the Company at its address
above,  or  such  other  address  as  the  Company  may notify the Contractor in
writing.

     (m)     Severability.
             -------------

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

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

John  Huguet          E-FINANCIAL  DEPOT.COM,  INC.

/s/  John  Huguet          By     /s/  John  Huguet
-----------------                 -----------------
(signature)               President  &  CEO

J.F.  Huguet
--------------
Name  (Please  print)

<PAGE>The Merryvale Group International
                            Private Merchant Bankers
                              Post Office Box 1361
                            Tiburon, California 94920
                          E-mail: merchantbank@aol.com

W.P.  Berini                                          Telephone  (415)  435-2136
President                                             Facsimile  (415)  435-2137

June  21,  2000

e-financial  depot.com
John  Huguet,  CEO
750  West  Pender  Street  #1005
Vancouver,  BC  V6C  2T8
Canada

Dear  John,

It  has  been  a  pleasure  speaking  with  you.  I look forward to a successful
working  relationship  with e-.financial depot.com.  I am optimistic, given your
experience  and  this  environment will realize a mutual benefit to our success.

This  document  shall  serve  as  the  agreement  between e-financial depot.com,
("EFD")  and  The  Merryvale  Group,  ("MGI"),  whereby  MGI  agrees  to provide
consulting  services  to  EFD  over  the  next  120  days  (4  months).

-     Scope  of  Services:

     1.     Develop  Phase  1  plan for funding $5,000,000 (Five Million Dollars
            US)  to  be  used  for  expanding  operations/working  capital.
     2.     Position  the  Corporation to begin Phase 2 of funding an additional
            infusion  of  Capital,  should  that  become  necessary.
     3.     Effect  a  network  base in the United States, Canada, Great Britain
            and  Asia.
     4.     Perform  promotional  services  as  directed  by the corporation and
            mutually  agreed  upon.
     5.     Assist  EFD  with  drafting corporate resolutions, board minutes and
            shareholder  meeting  minutes  for  review  by  corporate   counsel;
            assist  in coordinating  shareholder  meetings,  when  applicable.
     6.     Oversee  relations  with  contacts  on  behalf  of  EFD.
     7.     Other  assignments  as  mutually  agreed  upon.

-     Corporate  Goal:

The  goal of EFD, is to effect increased revenues consistently over the years to
come.  MGI is prepared to assist the corporation and its assigns, with achieving
this  goal. The services outlined herein are directed toward accomplishing Phase
1  and  to  position  the  company  for  Phase  2  funding.

<PAGE>
-     Personnel  Assigned  by  MGI:

William  Paul  Berini,  President  of The Merryvale Group and Associates will be
assigned  to provide services to EFD.  These services shall include, but are not
limited  to  the contract and maintenance of the Private Equity services for the
express  purpose of raising a minimum of $5,000,000 (Five Million Dollars US) to
fund  EFD  and  its  assigns  expanding  operations.

-     Fees  and  Expenses:

Service  for  the  four-month  period shall be an initial disbursement of 25,000
shares  of  Restricted  Reg.  144 Stock OTC BB: "FDPO".  It is the policy of The
Merryvale  Group, to collect a three-month retainer in advance, before work, can
begin  on  any project; subsequently, the agreed upon amount of $15,000 (Fifteen
Thousand  Dollars  US)  shall  be  wired  to  MGI, (DTC and Wire Instructions to
follow.)

Our  commission  schedule,  will  be  as  follows:  5% (Five Percent) of the 1st
(Million  Dollars  US)  raised  by  Merryvale.  Compensation  on  the  remaining
$4,000,000  (Four Million Dollars US) will be subject to the Lehman Scale, which
we  employ:  4% of the 2nd Million, 3% of the 3rd Million 2% of the next Million
and  1%  thereafter.

The  following  will  also  apply:

1.   Cash  Success Fee. A cash fee of the agreed upon  percentages  of the funds
     raised  shall be payable to MGI or its assigns  out of the  proceeds of the
     Financing.  A Cash Fee is payable,  by e-financial  depot.com on a pro-rata
     basis according to funds raised.

2.   Balance of 50,00  Shares of Commons  Stock.  The  balance of 50,000  (Fifty
     Thousand) shares of the  aforementioned  common stock, shall be transferred
     to Merryvale, at the completion of funding $5,000,000 (Five Million Dollars
     US).

3.   Indemnity.  E-financial.com  or its assigns,  agrees to indemnify  MGI, its
     officers, directors and agents, from any claim or damages asserted by third
     parties, including legal fees, except to the extent that such changes arise
     solely from the gross negligence or willful malfeasance of MGI.

All  expenses above $250.00 will be pre-approved by the corporation. MGI will be
reimbursed  for  all  out-of-pocket  expenses,  reasonable to the performance of
services  contemplated  by  this  agreement.  Budget  for such expenses, will be
reviewed  with  the  corporation,  prior  to  such  expenditure.

-     Terms:

The  terms  of  this  agreement  shall  commence  upon  receipt  of  the initial
disbursement  of  stock  and  cash  to  The  Merryvale Group account(s) at Union
Securities  and  People's  Bank.  DTC  and  Wire  instructions  are  as follows:

<PAGE>
1.     DTC  #5099
2.     FINS  T006
3.     FOR  THE  ACCOUNT  OF  UNION  SECURITIES  LTD.
4.     FOR  FURTHER  CREDIT  TO  ACCOUNT  #021425U5
5.     MERRYVALE  GROUP  INC.

N.B. THE ABOVE DTC INSTRUCTIONS MUST BE FOLLOWED TO THE LETTER TO AVOID DELIVERY
PROBLEMS.

Wire  Instructions:

1.     People's  Bank
2.     850  Main  Street
3.     Bridgeport,  Connecticut  06606
4.     ABA  Bank  Routing  #221172186
5.     For  Further  Credit  to  The  Merryvale  Group  International
6.     Account  #  020  700  7586

MGI would be pleased to provide additional services to GTV, and plans to discuss
such  requirements  with  you  prior  to  the expiration date of this agreement.

While  there  are  no guarantees, we believe that with our best efforts, we have
access  to  the  markets  and  investors  to  complete the aforementioned in the
allotted  time  frame.  It is understood that EFD has reasonable expectations to
believe  the  fund raising efforts will be completed in as short a time frame as
possible.

We  appreciate the opportunity to be of service to EFD in assisting you to reach
your  financial  goals  and  look  forward  to  a  favorable  association.

Please indicate your concurrence with this agreement by signing a duplicate copy
in  the  space provided, and completing the appropriate instructions, which will
place  this  agreement  in  effect.

Sincerely,
The  Merryvale  Group  International     e-financial.com

Agreed  to  this  26th  day  of June, 00     Agreed to this 28th day of June, 00

William  Paul  Berini,  President     John  Huguet,  CEO

By:     /s/  signed     By:     /s/  John  Huguet

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}]]