Document:

EXHIBIT 10.2

                         SHAREHOLDER AGREEMENT

                                 62
<PAGE>

                     FS Capital Markets Group Inc.
                         1422 Chestnut Street
                         4th Floor, Suite 410
                      Philadelphia, PA 19102-2510
              Tel: (215) 569-9175 * Fax: (215) 569-4710
                        eMail: fscmg@yahoo.com

December 29, 1999

First Philadelphia Capital Corp.
1422 Chestnut Street
4th Floor, Suite 410
Philadelphia, PA 19102

    Re:  Shareholder Agreement with First Philadelphia Capital Corp.

Gentlemen:

      As part of the sale of the shares of Common Stock of
First Philadelphia Capital Corp. (the "Company") to the
undersigned (the "Holder"), the Holder hereby represents, warrants,
covenants and agrees, for the benefit of the Company and any holders
of record (the "third party beneficiaries") of the Company's
outstanding securities, including the Company's Common Stock, $.0001
par value (the "Stock") at the date hereof and during the pendency
of this letter agreement that the Holder will not transfer, sell,
contract to sell, devise, gift, assign, pledge, hypothecate,
distribute or grant any option to purchase or otherwise dispose of,
directly or indirectly, its shares of Stock of the Company owned
beneficially or otherwise by the Holder except in connection with or
following completion of a merger, acquisition or other transaction
by the Company resulting in the Company no longer being classified
as a blank check company as defined in the registration statement of
the Company filed on Form 10-SB.

      Any attempted sale, transfer or other disposition in violation
of this letter agreement shall be null and void.

      The Holder further agrees that the Company (i) may instruct
its transfer agent not to transfer such securities (ii) may provide
a copy of this letter agreement to the Company's transfer agent for
the purpose of instructing the Company's transfer agent to place a
legend on the certificate(s) evidencing the securities subject
hereto and disclosing that any transfer, sale, contract for sale,
devise, gift, assignment, pledge or hypothecation of such securities
is subject to the terms of this letter agreement and (iii) may issue
stop-transfer instructions to its transfer agent for the period
contemplated by this letter agreement for such securities.

      This letter agreement shall be binding upon the Holder, its
agents, heirs, successors, assigns and beneficiaries.

      Any waiver by the Company of any of the terms and conditions
of this letter agreement in any instance must be in writing and must
be duly executed by the Company and the Holder and shall not be
deemed or construed to be a waiver of such term or condition for the
future, or of any subsequent breach thereof.

      The Holder agrees that any breach of this letter agreement
will cause the Company and the third party beneficiaries irreparable

                                 63

<PAGE>

damage for which there is no adequate remedy at law. If there is a
breach or threatened breach of this letter agreement by the Holder,
the Holder hereby agrees that the Company and the third party
beneficiaries shall be entitled to the issuance of an immediate
injunction without notice to restrain the breach or threatened
breach. The Holder also agrees that the Company and all third party
beneficiaries shall be entitled to pursue any other remedies for
such a breach or threatened breach, including a claim for money
damages.

      Agreed and accepted this 29th day of December, 1999.

                                          THE HOLDER

                                          By: /s/ Michael C.W. Tay
                                          ------------------------
                                          Michael C.W. Tay
                                          President

                                 64

<PAGE>EXHIBIT 10.1

        AGREEMENT BETWEEN INTERCONTINENTAL FINANCE CORPORATION
                                 AND
                     FS CAPITAL MARKETS GROUP INC.

                                 59

<PAGE>

      AGREEMENT between InterContinental Finance Corporation
("InterContinental Finance") and FS Capital Markets Group Inc.
("FSCMG").

      WHEREAS InterContinental Finance is a development stage
company that has no specific business plan and intends to merge,
acquire or otherwise combine with an unidentified company (the
"Business Combination");

      WHEREAS FSCMG assisted in the incorporation of
InterContinental Finance;

      WHEREAS FSCMG is a shareholder of InterContinental Finance and
desires that InterContinental Finance locate a suitable target
company for a Business Combination;

      WHEREAS InterContinental Finance desires that FSCMG assist it
in locating a suitable target company for a Business Combination;

      NOW THEREFORE, it is agreed:

      1.00  ACTIONS BY FSCMG. FSCMG agrees to assist in:

      1.01 The preparation and filing with the Securities and
Exchange Commission of a registration statement on Form 10-SB for
the common stock of InterContinental Finance;

      1.02 The location and review of potential target companies for
a Business Combination and the introduction of potential candidates
to InterContinental Finance;

      1.03 The preparation and filing with the Securities and
Exchange Commission of all required filings under the Securities
Exchange Act of 1934 until InterContinental Finance enters into a
Business Combination;

      2.00 PAYMENT OF INTERCONTINENTAL FINANCE EXPENSES. FSCMG
agrees to pay on behalf of InterContinental Finance all corporate,
organizational and other costs incurred or accrued by
InterContinental Finance until effectiveness of a Business
Combination. FSCMG understands and agrees that it will not be
reimbursed for any payments made by it on behalf of InterContinental
Finance.

      3.00 INDEPENDENT CONSULTANT. FSCMG is not now, and shall not
be, authorized to enter into any agreements, contracts or
understandings on behalf of InterContinental Finance and FSCMG is
not, and shall not be deemed to be, an agent of InterContinental
Finance.

      4.00 USE OF OTHER CONSULTANTS.  InterContinental Finance
understands and agrees that FSCMG intends to work with consultants,
brokers, bankers, or others to assist it in locating business
entities suitable for a Business Combination and that FSCMG may
share with such consultants or others, in its sole discretion, all
or any portion of its stock in InterContinental Finance and may make

                                 60

<PAGE>

payments to such consultants from its own resources for their
services. InterContinental Finance shall have no responsibility for
all or any portion of such payments.

      5.00 FSCMG EXPENSES. FSCMG will bear its own expenses incurred
in regard to its actions under this agreement.

      6.00 ARBITRATION. The parties hereby agree that any and all
claims (except only for requests for injunctive or other equitable
relief) whether existing now, in the past or in the future as to
which the parties or any affiliates may be adverse parties, and
whether arising out of this agreement or from any other cause, will
be resolved by arbitration before the American Arbitration
Association within the State of Pennysylvania.

      7.00  COVENANT OF FURTHER ASSURANCES. The parties agree to
take any further actions and to execute any further documents which
may from time to time be necessary or appropriate to carry out the
purposes of this agreement.

      8.00 PRIOR AGREEMENTS. This agreement constitutes the entire
agreement between the parties and memorializes the prior oral
agreement between the parties and all understandings between the
parties pursuant to such oral agreements are recorded herein. The
effective date herein is as of the earliest date of the oral
agreement between the parties.

      9.00 EFFECTIVE DATE. The effective date of this agreement is
as of December 29, 1999.

      IN WITNESS WHEREOF, the parties have approved and executed
this agreement.

                              InterContinental Finance Corporation

                              /s/ Michael C.W. Tay
                              --------------------
                              Michael C.W. Tay
                              President

                              FS Capital Markets Group Inc.

                              /s/ Michael C.W. Tay
                              --------------------
                              Michael C.W. Tay
                              President

                                 61

<PAGE>EXHIBIT 10.2

                         SHAREHOLDER AGREEMENT

                                 62
<PAGE>

                     FS Capital Markets Group Inc.
                         1422 Chestnut Street
                         4th Floor, Suite 410
                      Philadelphia, PA 19102-2510
              Tel: (215) 569-9175 * Fax: (215) 569-4710
                        eMail: fscmg@yahoo.com

December 29, 1999

InterContinental Finance Corporation
1422 Chestnut Street
4th Floor, Suite 410
Philadelphia, PA 19102

    Re:  Shareholder Agreement with InterContinental Finance
         Corporation

Gentlemen:

      As part of the sale of the shares of Common Stock of
InterContinental Finance Corporation (the "Company") to the
undersigned (the "Holder"), the Holder hereby represents, warrants,
covenants and agrees, for the benefit of the Company and any holders
of record (the "third party beneficiaries") of the Company's
outstanding securities, including the Company's Common Stock, $.0001
par value (the "Stock") at the date hereof and during the pendency
of this letter agreement that the Holder will not transfer, sell,
contract to sell, devise, gift, assign, pledge, hypothecate,
distribute or grant any option to purchase or otherwise dispose of,
directly or indirectly, its shares of Stock of the Company owned
beneficially or otherwise by the Holder except in connection with or
following completion of a merger, acquisition or other transaction
by the Company resulting in the Company no longer being classified
as a blank check company as defined in the registration statement of
the Company filed on Form 10-SB.

      Any attempted sale, transfer or other disposition in violation
of this letter agreement shall be null and void.

      The Holder further agrees that the Company (i) may instruct
its transfer agent not to transfer such securities (ii) may provide
a copy of this letter agreement to the Company's transfer agent for
the purpose of instructing the Company's transfer agent to place a
legend on the certificate(s) evidencing the securities subject
hereto and disclosing that any transfer, sale, contract for sale,
devise, gift, assignment, pledge or hypothecation of such securities
is subject to the terms of this letter agreement and (iii) may issue
stop-transfer instructions to its transfer agent for the period
contemplated by this letter agreement for such securities.

      This letter agreement shall be binding upon the Holder, its
agents, heirs, successors, assigns and beneficiaries.

      Any waiver by the Company of any of the terms and conditions
of this letter agreement in any instance must be in writing and must
be duly executed by the Company and the Holder and shall not be
deemed or construed to be a waiver of such term or condition for the
future, or of any subsequent breach thereof.

      The Holder agrees that any breach of this letter agreement
will cause the Company and the third party beneficiaries irreparable

                                 63

<PAGE>

damage for which there is no adequate remedy at law. If there is a
breach or threatened breach of this letter agreement by the Holder,
the Holder hereby agrees that the Company and the third party
beneficiaries shall be entitled to the issuance of an immediate
injunction without notice to restrain the breach or threatened
breach. The Holder also agrees that the Company and all third party
beneficiaries shall be entitled to pursue any other remedies for
such a breach or threatened breach, including a claim for money
damages.

      Agreed and accepted this 29th day of December, 1999.

                                          THE HOLDER

                                          By: /s/ Michael C.W. Tay
                                          ------------------------
                                          Michael C.W. Tay
                                          President

                                 64

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00009-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00009-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00009-of-00352.parquet"}]]