Document:

AFFILIATE AGREEMENT

By registering as a Trade Affiliate, you agree to all terms,  conditions,  rules
and policies of ArtRx.com and submitting  your online  registration  application
signifies  your  agreement  to be  bound by the  terms  and  conditions  of THIS
AGREEMENT  as well as the TERMS OF USE.  THIS  AGREEMENT  is entered into by and
between  ARTRX.COM,  ("Provider") a division of Nicklebys.com,  Inc., a Colorado
Corporation located at 12441 West 49th Avenue,  Suite One, Wheat Ridge, CO 80033
and the party  submitting  a Trade  Affilaite  registration("Affiliate")  on the
ArtRx.com web site. Such Agreement is in and for  consideration of the covenants
as set forth herein where the parties agree as follows:

1.   Services.  Once  Affiliate registration  application  has been approved and
Contract  accepted,  ArtRx.com  shall provide  Affiliate  with an account on the
ArtRx.com network which will allow Affiliate to access the ArtRx.com web site on
the terms set forth  herein,  as may be amended from time to time by  ArtRx.com.
Affiliate's  account includes access to the ArtRx.com web site, and may include,
as defined in Affiliate's Contract, a branded Internet showroom on the ArtRx.com
web site,  the ability to post photos and/or  information  in their  showroom or
specific  Affiliate  area  ,  capability  to  conduct  e-commerce  sales  and/or
interactive  auctions,  access to Trade Only  sections of the ArtRx.com web site
and other items specified in Affiliate's Contract.  ArtRx.com makes no guarantee
of Affiliate's connectivity.

2.   Operation And Security.  ArtRx.com is responsible  for the operation of the
ArtRx.com  web site  ("Site").  All financial  and private  information  will be
transmitted  using our secure server process with Secure Sockets Layer (SSL), an
advanced  encryption  technology  to provide  the  safest  means  available  for
transferring  your personal  information.  This information will not be publicly
accessible.  Both  Affiliate  and  ArtRx.com  agree  to keep all  Buyer  private
information secure and safe both online and at physical site.

3.   Terms and Billing. ArtRx.com  will enable Affiliate's account upon the date
of  ArtRx.com's  and  Affiliate's  signed  acceptance  of Agreement and Contract
("Acceptance Date"). All services are for full term as specified in the Contract
by the Fee  Schedule,  with no prorating of any kind (except as adjusted for the
"Billing  Day").  Affiliate  shall  promptly  notify  ArtRx.com in writing or by
E-mail of any changes in  Affiliate's  Account  Information,  such as changes of
address,  telephone  number and the like.  Affiliate  agrees to pay all  charges
specified in Affiliate's Contract.

4.   Payment.  Affiliate shall pay all fees, including the Monthly  Service Fee,
Setup Fee, and any other fees,  as set forth in  ArtRx.com's  current  Affiliate
Contract.  All published fees are subject to change without  notice.  Contracted
fees will not change during the term of the contract.

a.   Method of Payment.  All services are prepaid.  ArtRx.com reserves the right
to collect the last month's non-refundable payment in advance and may collect or
recollect such at any time.  Wherein approved,  automatic payment method is used
(credit card or electronic payment and the like),  ArtRx.com shall automatically
debit payments by Affiliate using the original payment method specified or until
modified by Affiliate. When the billing method is by "Invoice",  ArtRx.com shall
use E-mail, postal or both. Invoices are sent at time of order and the terms are
due Net 10 days from date of invoice.

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b.   Default.  There  is a  $25.00 service charge for each return  check (draft)
and an  additional  $40.00  charge  for each  item  charged  back to  ArtRx.com.
Affiliate must notify ArtRx.com at least fourteen (14) working days prior to the
next  payment  is due if  Affiliate  wishes to  change  the  method of  payment.
Accounts that are  delinquent  for 45 days or more shall have their files purged
and such delinquent accounts shall bear interest at the rate of one and one-half
(1_%)  per  month  and any and all  costs  of  collection  including  reasonable
attorney's fees shall be chargeable for the collection of such default fee.

c.   Accounting Cycle.  Affiliate's  accounting cycle  begins on the  Acceptance
Date unless  adjusted,  this day of the month becomes the "Billing Day".  Except
when specified by a monthly or quarterly account, all accounts are billed yearly
on or about their Billing Day.

5.   Amendments.    ArtRx.com  reserves  the  right  to  change  the  terms  and
conditions of this Agreement and/or any collateral  agreement referenced herein,
including the Acceptable Use Policy and the Fee Schedule, by notifying Affiliate
on the ArtRx.com's  Website or by E-mail at least thirty (30) days in advance of
the effective date of the change.  Use by Affiliate  after the effective date of
change constitutes acceptance of the new terms and conditions.

6.   Offensive  or  Illegal  Materials.   Affiliate agrees to represent, warrant
and covenant  that they shall not upload,  post or transmit to or  distribute or
otherwise  publish  through  ArtRx.com's  Site any materials  which  restrict or
inhibit any other User from using and enjoying  ArtRx.com's  Site; are unlawful,
threatening,   abusive,  libelous,   defamatory,   obscene,  vulgar,  offensive,
pornographic,  profane,  sexually explicit or indecent;  constitute or encourage
conduct that would constitute a criminal  offense,  give rise to civil liability
or otherwise  violate law;  violate,  plagiarize or infringe the rights of third
parties including, without limitation,  copyright,  trademark, patent, rights of
privacy or publicity or any other  proprietary  right,  contain a virus or other
harmful component;  or constitute or contain false or misleading  indications of
origin or statements of fact. Affiliate agrees that ArtRx.com has the right, but
not the  obligation,  to monitor  all  material  on the Site at any time for any
reason in its sole discretion to determine  compliance with the Terms of Use and
any other  operating  rules  that  ArtRx.com  may  establish  from time to time.
Notwithstanding  this right,  ArtRx.com does not and cannot review all materials
posted by Users (including Affiliates), and ArtRx.com is not responsible for any
such  materials  posted.  ArtRx.com  reserves  the  right at all  times to edit,
disclose,  refuse  to  post,  request  removal  of or  remove  any  material  or
information as may be necessary to comply with any law, regulation or government
or agency  request or if, in  ArtRx.com's  sole  discretion,  such materials are
objectionable or in violation of the Terms of Use.

7.   Acceptable  Use Policy.  Affiliate  agrees to be bound by the provisions of
ArtRx.com's  Terms  of Use and  Privacy  Policies,  which  are  incorporated  by
reference and is more fully set forth herein, under those documents  denominated
Terms & Conditions and Privacy Policy, part and parcel to this Agreement.

8.   Sales  Of  Merchandise Or  Services Through Artrx.Com.  Affiliate agrees to
abide by all ArtRx.com  policies  regarding  sales and customer  service.  Fees,
commissions and/or surcharges due to ArtRx.com from transactions are detailed in

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the Fee  Schedule  and  Contract.  Affiliate  agrees  to abide by all  covenants
regarding  Affiliate  in the  Obligations  of  Buyers  section  of the  Terms  &
Conditions.

a.   Payments:   Affiliates  agree  to  accept  most of  the  following  payment
methods:  Visa and MasterCard  credit and debit cards,  American  Express credit
cards,  personal and certified checks drawn on U.S. banks, money orders and wire
transfers and must specify on the site any that are not  accepted.  All payments
must be in U.S.  dollars.  If Buyer is paying  online by credit card,  ArtRx.com
will provide the credit card  information to Affiliate for processing.  If Buyer
is using any other method of payment, Buyer and Affiliate must make such payment
arrangements  immediately.  If payment is by either  check,  money order or wire
transfer,  Affiliate  must provide  Buyer with a final  invoice,  including  any
shipping and handling  charges and the address to which payment should be mailed
or the bank number to which payment  should be wired.  Buyers must promptly send
irrevocable  checks  or wires in U.S.  dollars  for the  Total  Purchase  Price.
Affiliate is responsible for processing all payments received from Buyer and any
fees that may be associated with such processing.

b.   Taxes:  Affiliate is responsible for determining, collecting, remitting and
reporting any sales or use taxes VAT, GST or other applicable  transactional tax
arising from any transaction  occurring through the ArtRx.com site. ArtRx.com is
not  obligated  to  determine  whether  taxes  apply and is not  responsible  to
collect, remit or report any sales or use taxes arising from any transaction. It
is the Affiliate's and the Buyer's  responsibility  to determine  whether sales,
use, VAT, TVA or other taxes apply to the  transactions  and to collect,  report
and remit the correct tax to the appropriate tax authority.

c.  Shipping:
Affiliates  agree to conform to the ArtRx.com  policies for applying payment and
shipping.  Once an Offer or Order  has been  accepted,  credit  cards  should be
debited  and the item(s)  shipped  within 72 hours.  If paid by check,  the item
should be shipped 10 days after  receipt of  payment.  If paid by money order or
wire  transfer,  the  item(s)  should be  shipped  within 72 hours of receipt of
payment.

d.   Fees,  Duties  And  Insurance:  The Buyer is responsible for paying for the
cost of shipping  and  handling the Item and this amount must be included in the
Total  Purchase  Price.  The  Affiliate  will be  responsible  for selecting the
shipper, ensuring it is packed properly and paying the appropriate insurance for
shipping the Item for all risks of loss or physical damage. Buyer may also elect
to pay to insure the Item during shipping.

e.   Title;  Risk  of Loss:  When the Affiliate delivers the Item to the shipper
for  shipment to the Buyer,  title to the Item and risk of loss will pass to the
Buyer. If the Buyer collects the Item from the Affiliate in person, title to the
Item and risk of loss will pass to the Buyer  upon  delivery.  ArtRx.com  has no
responsibility for Title and no Risk of Loss.

f.   Import/Export Restrictions:  Certain Items may require cultural and customs
permits for export from the country in which they are located  and/or  import to
the  Buyer's  country,  and may also be  subject  to a right of  pre-emption  or
compulsory purchase by the country from which they are to be exported. Affiliate
has the responsibility to ensure that the item is properly and lawfully exported

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from the  country in which it is  located.  Property  imported  into the Buyer's
country is the responsibility of the Buyer. Artrx.com makes no representation or
warranty and accepts no liability whatsoever to the affiliate,  the buyer or any
third  party in respect of the  availability  or  issuance  of valid  import and
export permits or the existence or exercise of pre-emption rights to purchase by
governmental or regulatory authorities anywhere.

g.   Guarantee:  Unless explicitly  stated  in the  item description, all  goods
sold on ArtRx.com are  unconditionally  guaranteed and carry a 14-day money back
guarantee.  Affiliate  agrees to conform to this guarantee policy as well as all
policies stated in the ArtRx.com Refund Policy.

h.   Refunds or Incomplete Sales:

1.   REFUND PROCEDURES  FOR RETURNS  WITHIN  FOURTEEN  DAYS OF  RECEIPT.  Within
fourteen  days of  receipt of the Item by the Buyer,  Affiliate  will  provide a
refund of the Total  Purchase  Price,  minus initial  shipping costs and customs
costs or other costs associated with the import or export,  to any Buyer for any
reason  assuming no damage to the Item from the time of delivery  provided  that
Buyer complies with the following:

a)   Buyer  contacted  the Affiliate, by either email or phone, within  fourteen
days of receipt of the Item, to initiate the return process.

b)   Prior to returning the Item, Buyer  obtained a Return Authorization  Number
(RA) from Affiliate.

c)   All Items were returned to the Affiliate in the same condition as they were
received.  via the same  carrier  that was used when the item was shipped to the
Buyer.  All returns must be shipped prepaid and insured and Buyer is responsible
for these and all other costs associated with the return of an Item.

2.   REFUNDS FOR FAILURE TO SHIP.   Affiliate will provide a refund of the Total
Purchase Price in the event the item cannot be shipped to the Buyer.

3.   REFUND  OF ARTRX.COM  COMMISSION FEES  DUE TO REFUND  TO BUYER.  Commission
fees payable to ArtRx.com will be cancelled  and/or  refunded to the Affiliate's
Account within 14 days after receipt of proof of refund to Buyer is delivered to
ArtRx.com via fax or email.

i.   Non-Completion  of  Sale  Due  to Fraud  or Non-Payment.   ArtRx.com is not
liable for any sales that have not been  completed.  All  potential  Buyers have
agreed  to the  Obligations  of Buyer  section  of the  Terms &  Conditions  and
ArtRx.com or Affiliate may chose to pursue mediation, arbitration or other legal
action  against Buyer.  Both  ArtRx.com and Affiliate  agree to cooperate in any
such action.  Affiliate  should notify  ArtRx.com  immediately  upon notice that
fraud has occurred or in a situation of non-payment.  Commission fees payable to
ArtRx.com will be cancelled and/or refunded to the Affiliate's Account within 14
days after receipt of statement of non-payment is delivered to ArtRx.com via fax
or email.

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9.   Customer Service.  All inquiries by customers are to be responded to within
72 hours and  preferably  within 24 hours.  If the answer is not yet available a
status response should be given to the customer.

10.  Customer  Information And Database.  All Users who register as an ArtRx.com
member at  Affiliate's  site or showroom will be exclusive to that Affiliate and
to ArtRx.com  and their names and/or  information  will not be sold or rented to
any other 3rd parties. Affiliate agrees to abide by the ArtRx.com Privacy Policy
in regards to any User of the ArtRx.com  site,  including those that register or
buy on  Affiliate's  site or  showroom.  ArtRX.com  is the primary  owner of the
information collected on this site. When a User registers to become an ArtRX.com
member at an Affiliate's site or showroom,  that Affiliate will be the secondary
owner of the information. Affiliate agrees not share User's personal information
with others in ways different from what is disclosed in the Privacy Policy.

11.  Representations By Affiliates.

a.   Representation  of Right to Sell.  All Items  offered  on the Site are sold
subject to the specific representations and warranties provided by the Affiliate
to  ArtRx.com.  The  Affiliate  has  made  the  following   representations  and
warranties to ArtRx.com  upon the posting of any Item for sale on the site:  the
Affiliate has the exclusive right to sell the Item; that good title and right to
possession  to the Item will pass to the Buyer  free of all  liens,  claims  and
encumbrances of others,  including, but not limited to, claims of governments or
governmental agencies; that the Affiliate has no reason to believe that the Item
is not authentic or is counterfeit;  and that, if applicable,  the Item has been
lawfully  imported into the jurisdiction in which it is currently  located,  and
has been  lawfully  and  permanently  exported  as  required  by the laws of any
country (including any laws or regulations  applicable in the European Union) in
which it was located previously,  and that required declarations upon the export
and import of the Item have been  properly  made and any duties and taxes on the
export and import of the Item have been paid.  ArtRx.com is not  responsible for
representations  made by  Affiliates,  but, at its  discretion,  will attempt to
assist and mediate towards a satisfactory resolution should any dispute occur.

b.   Representation of Description, Condition and  Authenticity.  Affiliates are
solely responsible for descriptions,  statements of condition,  certification of
authenticity,  title, estimates, and all other matters relating to the offer and
sale of the Item.  ArtRx.com is not responsible for any errors or omissions with
respect to the above points.  Other than as set forth in this Agreement pursuant
to the Affiliate's  representations and the Authenticity Guarantee,and the ArtRx
14 day Return  Guarantee  in point C5., all property on the Site is sold with no
other guarantees,  warranties or  representations,  expressed or implied, to any
Buyer  with  respect  to  the  property,   including   without   limitation  its
merchantability,  fitness for a particular purpose, quality, rarity, importance,
provenance,  exhibitions,  literature or historical relevance of the property or
otherwise, including whether the Buyer acquires any reproduction rights or other
intellectual  property rights in the property.  No statement  anywhere,  whether
oral or written, shall be deemed such a guarantee, warranty or representation.

c.   Certification   of    Authenticity.     As  part   of  the   authentication
representation  set  forth  above,  and  subject  to the  limitations  set forth
elsewhere in this Agreement,  the Affiliate guarantees that each Item offered by

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the  Affiliate  is not a  counterfeit  (as  defined  below)  and the  creator or
originator of the Item, or the date on which or period during which the Item was
created,  the culture or source of origin with which the item is identified,  or
the medium and support as set forth in the  description  of the Item provided by
the  Affiliate  are true and accurate to the best of the  Affiliate's  knowledge
(the  "Certification  of Authenticity  ").  Affiliate may not modify or disclaim
this warranty in the  descriptions  the Affiliate  provides for a Item or in any
oral  statement or document the  Affiliate  makes or provides to Buyers.  If the
description  provided by the Affiliate  does not include a statement with regard
to attribution,  date, period, medium and support or culture or source of origin
of an Item, then no guarantee is made with regard to such attributes.  Also, any
and all  qualifiers,  including but not limited to "attributed  to," "style of",
"manner of" or "circle  of,"  contained  in the Item  description  or  elsewhere
should be taken  into  account by any  prospective  Buyer and will be taken into
account in connection  with  evaluating any return claim in connection  with the
Certification  of  Authenticity.  As  used  herein,  a  "counterfeit"  means  an
intentional   deception   created  since  1875  as  to  any  of  the  following:
attribution, date, period, medium and support and culture or source of origin of
a Item,  which  materially  affected  the  value  of the Item  compared  to that
reflected  in the  Offer or Order  Price at time of  payment.  No Item  shall be
considered a counterfeit by reason only of any damage and/or  restoration and/or
modification work of any kind.

The  Certification of Authenticity  does not apply to: the actual  authorship of
any paintings,  drawings or sculpture  created prior to 1875, unless the Item is
determined to be a  counterfeit;  attribution  that was in  accordance  with the
generally  accepted  opinion of scholars or specialists on the date the Item was
sold;  Items for which there has been a change in scholarship  since the date of
sale of the Item; Items for which the only means of establishing  that such Item
was  counterfeit  at the time of sale was by a method  or  process  that was not
generally  accepted  for use until  after  the date of sale or was  unreasonably
expensive or  impractical  or was likely to cause damage or loss of value to the
Item; any description  which identifies a conflict of specialist  opinion on the
authorship or other  character of the Item;  anything other than the actual work
of art including frames, mounting and bases.

12.  Content Responsibility.  End user understands that it will not use the Site
in ways to violate  laws,  infringe  the rights of  others,  interfere  with the
users,  services,  or equipment of the  network.  ArtRx.com  shall also have the
right for any reason, in its sole discretion,  to terminate,  change, suspend or
discontinue  any  aspect of the Site,  including  but not  limited  to  Content,
features, or hours of availability.  ArtRx.com may also impose limits on certain
features  and  services  or  restrict  your  access to parts or the entire  Site
without notice or liability.  ArtRx.com is not responsible for  typographical or
photography errors that may appear in the ArtRx.com web site. ArtRx.com reserves
the right,  in its sole  discretion,  to correct any errors or  omissions in any
portion of the Site.

13.  Copyright;  Restrictions:  Affiliate provides the right to ArtRx.com to use
their name, logo and other materials  Affiliate has posted on the Artrx.com site
throughout the ARtRx.com  site and in collateral  materials used to promote both
ArtRx.com and the  Affiliate.  If the Affiliate  materials  that are to be used,
other than within the ArtRx.com site, include third party items,  Affiliate will
be contacted via email or fax to confirm that they have the  appropriate  rights
to use the materials in the proposed manner.  Affiliate holds all responsibility

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and will indemnify ArtRx.com and its associates from any claims or legal actions
arising from usage of any materials supplied by Affiliate.

Contents of this website are the  exclusive  property of  ArtRx.com,  and/or its
Affiliates (copyright 2001) and may not be used without prior written consent of
ArtRx.com, Inc. and/or its Affiliate(s).  ArtRx.com owns, controls,  licenses or
has the  right  to use and  provide  the  Site  and all  material  on the  Site,
including without limitation text, images, articles, photographs, illustrations,
audio and video clips,  (collectively the "Content"). The Content on the Site is
protected by U.S. copyright laws, international  conventions and other copyright
laws. All software used on the Site is the property of ArtRx.com or its software
suppliers and is protected by U.S. copyright laws, international conventions and
other  copyright  laws. The Site is protected by copyright as a collective  work
and/or compilation,  pursuant to U.S. copyright laws, international conventions,
and other copyright laws.  ArtRx.com is the owner of the copyright of the entire
Site. ArtRx.com owns a copyright in the selection, coordination, arrangement and
enhancement  of the Site.  You agree to abide by any and all copyright  notices,
information or restrictions displayed on the Site.

14.  Termination.  This Agreement may be terminated by the Affiliate upon thirty
(30) days' notice in writing or E-mail from  Affiliate to ArtRx.com if ArtRx.com
has not fulfilled its  contractual  obligations and has not corrected the stated
issue  to  meet  the  contracted   parameters   within  10  days  after  written
notification to ARtRx.com from Affiliate. ArtRx.com may terminate this Agreement
at any time without  notice upon  violation by the Affiliate of any of the terms
and conditions  contained herein,  to and including  violation of the Acceptable
Use Policy by Affiliate.  ArtRx.com,  at its  discretion,  may instead allow the
Affiliate to correct the  violation.  Upon  termination  by either party,  there
shall be no refund of any fees or charges as provided for herein.

15.  Warranties.  ArtRx.com makes no warranties of any kind,  whether express or
implied, for its Setup or Services. ArtRx.com specifically disclaims any implied
warranties or merchantability or fitness for any particular  purpose.  ArtRx.com
will not be  responsible  for any  losses  or  damages  resulting  from  delays,
non-deliveries,   mis-deliveries,   service   interruption,   "down  time",   or
Affiliate's  errors or omissions.  ArtRx.com  shall have no  responsibility  for
failure to provide  Services  resulting  from the acts or omissions of any third
parties.  ArtRx.com is not  responsible for purchases not being processed or not
being accepted due to technical difficulties.  ArtRx.com will not be responsible
for consequential damages, including, but not limited to, ArtRx.com's failure to
provide Services in accordance with this Agreement.

16.  Disclaimer.   In no event will ArtRx.com or its  network services suppliers
be liable for any damages,  including  but not limited to loss of data,  loss of
revenue,  loss of  profits,  or for any  other  special,  incidental,  direct or
indirect or consequential damages,  arising out of or in connection with the use
of or inability to use services or products provided hereunder. It is understood
and agreed  that  ArtRx.com's  liability  shall be no more than Fifty  Dollars &
No/100  ($50.00)  as  liquidated  damages,   such  liability  to  be  ultimately
determined  as provided  for under the Dispute  Resolution  provision  contained
herein.  Such liquidated  damage shall  constitute full and final payment of any
damages resulting from the acts of ArtRx.com, as agents, employees and assigns.

17.  Indemnification.  You and any and all  successors,  assigns or  affiliates,
shall indemnify, defend and hold harmless Nicklebys.com,  ArtRx.com, and all its

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officers,  directors,  owners, agents,  employees, and affiliates (collectively,
the  "Indemnified  Parties")  from  and  against  any and all  losses,  damages,
liabilities,  and  claims and all fees,  costs,  expenses,  of any kind  related
thereto (including, without limitation,  reasonable attorneys' fees) incurred by
the Indemnified  Parties in connection with any claim arising out of, based upon
or resulting from your use of the Site including, without limitation,  liability
for the payment of any transaction taxes or liability  relating to the breach or
alleged   breach   of   any  of   your   agreements,   covenants,   obligations,
representations  or warranties in this agreement.  ArtRx.com reserves the right,
at its own expense,  to assume the  exclusive  defense and control of any matter
otherwise  subject  to  indemnification  by you and you  shall  not in any event
settle any matter without the written consent of ArtRx.com

18.  Dispute Resolution And General  Provisions:  This agreement,  including the
arbitration provisions below, shall be governed by and construed and enforced in
accordance  with the laws of the  State of  Colorado  of the law.  You  agree to
submit to the  exclusive  jurisdiction  of the state  courts of and the  federal
courts  sitting in the State of the Colorado.  All disputes  arising  hereunder,
ArtRx.com and Affiliate,  between ArtRx.com and any other party or entity, shall
be resolved exclusively through arbitration.  Any dispute, claim, or controversy
("Dispute")  arising out of or relating to this agreement or the  interpretation
or breach  thereof  that is not  resolved by the parties  hereto  shall,  at the
written  request of either  party made at any time 30 days after the  requesting
party has given written notice to the other party of the existence of a Dispute,
be referred to arbitration.  Such arbitration  shall be conducted in the Denver,
Colorado,  metropolitan area, and shall be conducted under the laws of the State
of  Colorado,  as such  arbitration  may be  conducted  under  the  Rules of the
American  Arbitration   Association  or  a  similarly   acceptable   arbitration
association,  or arbiter as agreed upon by the parties, to the extent such rules
are not  inconsistent  with this  paragraph.  The  demand for  arbitration  (the
"Demand")  shall  not be made  after  the  date  when  institution  of  legal or
equitable  proceedings  based on such Dispute would be barred by the  applicable
statute of  limitations.  Each party shall appoint an arbitrator  within 14 days
after  the  making of the  Demand.  The place of  arbitration  shall be  Denver,
Colorado,  metropolitan  area. All time limits for conducting  such  arbitration
shall be  truncated  so that a  decision  is  rendered  within 45 days after the
completion of the arbitration  panel.  The decision of the arbitrators  shall be
final  and  binding  on you  and  ArtRx.com.  Judgment  upon  the  award  of the
arbitrators  may be entered  in any court  having  jurisdiction  thereof or such
court may be asked judicially to confirm the award and order its enforcement, as
the case may be. For purposes of the immediately  preceding sentence,  ArtRx.com
and the  Affiliate  irrevocably  submit  to the  jurisdiction  of any  court  of
competent  jurisdiction  located in the City of Denver,  Colorado,  metropolitan
area and waive any and all objections to the jurisdiction of any such court that
it may have under the laws of the State of Colorado or the United States. Should
any party file a judicial or administrative  action asserting claims arising out
of this  Agreement  that are otherwise  subject to  arbitration  as provided for
herein, the prevailing party which successfully stays such judicial action shall
be paid all costs and attorney  fees and expenses  incurred in seeking such stay
or dismissal or compelling arbitration as provided for herein.

19.  Survival.  Upon the termination of this Agreement those provisions relating
to  "Indemnification",  "Limitation of  Liability",  "Limitation of Damages" and
"Warranty Disclaimer" shall survive.

<PAGE>

20.  Force Majeure. If the performance of any obligation hereunder is interfered
with by reason  of any  circumstances  beyond  ArtRx.com's  reasonable  control,
including  but not  limited  to acts of God,  labor  strikes,  power  surges  or
failures,  act or omissions of any third party,  they shall be excused from such
performance  to  the  extent  necessary,   provided  that  ArtRx.com  shall  use
reasonable efforts to remove such causes of non-performance.

21.  Severability.    This  Agreement  supercedes  any  other  written  or  oral
agreement  and  represents  a  complete   understanding  between  ArtRx.com  and
Affiliate. If any provision of this Agreement is held to be contrary to law, the
remaining  provisions of this  Agreement  shall remain in full force and effect.
The waiver or failure  to  exercise  any right  under this  agreement  shall not
prevent the subsequent  enforcement of the remainder of that right and shall not
be deemed a waiver of any subsequent right.

22.  Assignment.  This,  and any  relevant or  applicable  documents  referenced
herein,  constitutes the entire  agreement  between the parties relating to your
use of the Site.  These terms may not be modified  by  Affiliate,  in writing or
otherwise,  unless agreed to in a written  document  signed by  ArtRx.com.  This
agreement shall be binding upon your heirs, executors, beneficiaries, successors
and assigns.  Affiliate  may assign this  agreement to another  entity or person
only with our prior written  consent and in our sole  discretion.  We may assign
this agreement to any affiliate of or successor to ArtRx.com, Inc.

Notices  with respect to this  Agreement  shall be sent to  ArtRx.com's  billing
address  of  record  and to  Affiliate's  place  of  business  unless  otherwise
specified in writing.

<PAGE>AGREEMENT FOR AUCTION SALES COMMISSIONS

     This Agreement for Auction Sales  Commissions (the "Agreement") is made and
entered into this 29th day of June,  1999, by and between Art Exchange,  Inc., a
Colorado  corporation  (hereinafter  referred to as "Art Exchange"),  and Museum
Auctions,  Ltd., a Colorado corporation  (hereinafter referred to as the "Museum
Auctions").

     A.   WHEREAS,  Museum Auctions  is engaged in the  business  of  marketing,
brokering and selling fine art,  antiques and  collectibles on consignment,  via
live auction and otherwise.

     B.   WHEREAS, the parties  desire that Art  Exchange  conduct  certain live
auctions on behalf of Museum Auctions subsequent to July 28, 1999.

     C.   WHEREAS, Museum Auctions desires to pay Art Exchange sales commissions
equivalent to 25% of the aggregate sales price of all consigned merchandise sold
by Museum Auctions at live auctions conducted by Art Exchange.

     NOW,  THEREFORE,  in  consideration of the foregoing  premises,  the mutual
promises,  covenants,  agreements,  representations  and  warranties  set  forth
hereinafter,  and for other good and  valuable  consideration,  the  receipt and
sufficiency  of which are  hereby  acknowledged,  the  parties  hereto  agree as
follows:

     1.   Live Auctions.  Art Exchange agrees to conduct live auctions on behalf
          -------------
of Museum Auctions on such dates mutually  acceptable to the parties  subsequent
to July 28, 1999.

     2.   Remuneration.   Museum  Auctions  agrees  to  pay  Art Exchange  sales
          ------------
commissions in the amount of twenty-five  (25%) of the aggregate  sales price of
all consigned  goods sold by Museum  Auctions at live auctions  conducted by Art
Exchange on behalf of Museum Auctions subsequent to July 28, 1999.

     3.   Term of  Agreement.  The term of this  Agreement  shall be a period of
          ------------------
twelve (12) months  commencing on the date of the  execution of this  Agreement,
renewable annually.

     4.   Notices.  Any notices  required  or  permitted  to be given under this
          -------
Agreement  shall be sufficient if in writing and delivered or sent by registered
or certified mail to the principal office of each party.

     5.   Waiver of  Breach.  Any  waiver  by Art  Exchange  of a breach  of any
          -----------------
provision of this Agreement by Museum Auctions shall not operate or be construed
as a waiver of any subsequent breach by Museum Auctions.

     6.   Assignment.   This  Agreement and  the rights  and obligations  of the
          ----------
parties  hereunder shall inure to the benefit of and shall be binding upon their
successors and assigns.

     7.   Applicable  Law.   It is the intention of the parties hereto that this
          ---------------
Agreement and the  performance  hereunder and all suits and special  proceedings
hereunder be construed in accordance  with and under and pursuant to the laws of
the  State of  Colorado  and that in any  action,  special  proceeding  or other

<PAGE>

proceeding  that may be brought  arising out of, in connection with or by reason
of this  Agreement,  the laws of the State of Colorado  shall be applicable  and
shall govern to the exclusion of the law of any other forum,  without  regard to
the jurisdiction in which any action or special proceeding may be instituted.

     8.   Severability.   All  agreements and  covenants  contained  herein  are
          ------------
severable,  and in the  event  any of them  shall be held to be  invalid  by any
competent  court,  this  Agreement  shall  be  interpreted  as if  such  invalid
agreements or covenants were not contained herein.

     9.   Entire Agreement.  This Agreement  constitutes and embodies the entire
          ----------------
understanding and agreement of the parties and supersedes and replaces all prior
understandings, agreements and negotiations between the parties.

     10.  Waiver  and  Modification.   Any waiver, alteration or modification of
          -------------------------
any of the provisions of this  Agreement  shall be valid only if made in writing
and signed by the parties  hereto.  Each party  hereto,  from time to time,  may
waive any of its rights hereunder without effecting a waiver with respect to any
subsequent occurrences or transactions hereof.

     11.  Counterparts.  This Agreement may be executed in counterparts, each of
          ------------
which  shall be  deemed  an  original  but both of which  taken  together  shall
constitute but one and the same document.

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

BUYER:                                           SELLER:

ART EXCHANGE, INC.                               MUSEUM AUCTIONS, LTD.

By:               /s/ Bruce A. Capra             By:          /s/ Paul J. Zueger
    --------------------------------                ----------------------------
           Bruce A. Capra, President                   Paul J. Zueger, President

                                       -2-
<PAGE>

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