Document:

<PAGE>

                                                                    EXHIBIT 4.3

                             HEWLETT-PACKARD COMPANY

                        OFFICERS' CERTIFICATE PURSUANT TO
                          SECTION 301 OF THE INDENTURE

                                  JUNE 26, 2002

     We, Ann O. Baskins and Charles N. Charnas do hereby certify that we are the
duly appointed Senior Vice President, General Counsel and Secretary and
Assistant Secretary, respectively, of Hewlett-Packard Company, a Delaware
corporation (the "COMPANY"). We further certify, pursuant to resolutions of the
Executive Committee of the Board of Directors of the Company adopted on February
25, 2002 and on June 17, 2002, respectively (copies of which are attached hereto
as EXHIBITS A-1 AND A-2), that pursuant to Section 301 of the Senior Indenture,
dated as of June 1, 2000 (the "INDENTURE") between the Company and J.P. Morgan
Trust Company, National Association (formerly known as Chase Manhattan Bank and
Trust Company, National Association), as Trustee, two series of debt securities
of the Company are hereby established, with the following terms and provisions:

     1. The title of each such series of Securities shall be, respectively, the
"5.50% Global Notes due July 1, 2007" (the "2007 GLOBAL NOTES") and the "6.50%
Global Notes due July 1, 2012" (the "2012 GLOBAL NOTES") (collectively, the
"GLOBAL NOTES").

     2. The aggregate principal amount of the 2007 Global Notes that may be
authenticated and delivered under the Indenture shall be $1,000,000,000 and the
aggregate principal amount of the 2012 Global Notes that may be authenticated
and delivered under the Indenture shall be $500,000,000 (except for Global Notes
authenticated and delivered upon registration of, transfer of, or in exchange
for, or in lieu of, other Global Notes pursuant to Sections 304, 305, 306, 906
and 1107 of the Indenture, and except for any Global Notes which, pursuant to
Section 303 of the Indenture, shall be deemed never to have been authenticated
and delivered thereunder).

     3. The price at which the 2007 Global Notes shall be issued to the public
is 99.800% and the price at which the 2012 Global Notes shall be issued to the
public is 99.955%.

     4. Interest on the Global Notes shall be payable to the Persons in whose
names the Global Notes (or one or more Predecessor Securities) are registered at
the close of business on the Regular Record Date for such interest.

     5. The Stated Maturity of the 2007 Global Notes on which the principal
thereof is due and payable is July 1, 2007 and the Stated Maturity of the 2012
Global Notes on which the principal thereof is due and payable is July 1, 2012.

     6. The 2007 Global Notes shall bear interest at 5.50% per annum and the
2012 Global Notes shall bear interest at 6.50% per annum, both from June 26,
2002, or from the most recent Interest Payment Date to which interest has been
paid or duly provided for, payable semiannually on January 1 and July 1 of each
year (each, an "INTEREST PAYMENT DATE"), commencing January 1, 2003, to the
Person in whose name such Global Notes (or one or more Predecessor Securities)
are

<PAGE>

registered at the close of business on the Regular Record Date for such
interest, which shall be the fifteenth day, whether or not a Business Day,
immediately preceding such Interest Payment Date. Interest on each series of
Global Notes shall be calculated on the basis of a 360-day year of twelve 30-day
months.

     7. The rate or rates of interest, if any, payable on overdue installments
of principal of, or any premium or interest on, the 2007 Global Notes shall be
5.50% per annum and the rate or rates of interest, if any, payable on overdue
installments of principal of, or any premium or interest on, the 2012 Global
Notes shall be 6.50% per annum.

     8. Each series of Global Notes shall be issued in the form of one or more
Global Securities (the "GLOBAL SECURITIES"). So long as either series of Global
Notes shall be issued in whole in the form of the Global Securities, the
principal of, premium, if any, and interest, if any, on a series of Global Notes
shall be paid in immediately available funds to the Depositary or a nominee of
the Depositary. If at any time any series of Global Notes are no longer
represented by the Global Securities and are issued in definitive form
("CERTIFICATED SECURITIES"), then the principal of, premium, if any, and
interest, if any, on each Certificated Security at Maturity shall be paid to the
Holder upon surrender of such Certificated Security at the office or agency
maintained by the Company in the Borough of Manhattan, The City of New York
(which shall initially be the office of J.P. Morgan Trust Company, National
Association, the Trustee), provided that such Certificated Security is
surrendered to the Trustee, acting as Paying Agent, in time for the Paying Agent
to make such payments in such funds in accordance with its normal procedures.
Payments of interest with respect to Certificated Securities other than at
Maturity may, at the option of the Company, be made by check mailed to the
address of the Person entitled thereto as it appears on the Security Register on
the relevant Regular or Special Record Date or by wire transfer in same day
funds to such account as may have been appropriately designated to the Paying
Agent by such Person in writing not later than such relevant Regular or Special
Record Date. Each payment of principal, premium, if any, and interest, if any,
shall be made in such coin or currency of the United States of America as at the
time of payment is legal tender for payment of public and private debts.
Transfer of the Global Notes shall be registrable on the Securities Register
upon the surrender of the Global Notes for registration of transfer at the
office or agency maintained by the Company in the Borough of Manhattan, The City
of New York (which shall initially be the office of J.P. Morgan Trust Company,
National Association, the Trustee).

     9. Either series of Global Notes is subject to redemption at the option of
the Company (an "OPTIONAL REDEMPTION") and redeemable at the option of the
Company in the event of tax events (a "REDEMPTION FOR TAX PURPOSES").

     (a)  OPTIONAL REDEMPTION. The Company will have the right to redeem each of
          the 2007 Global Notes and the 2012 Global Notes, in whole or in part
          at any time, on at least 30 days but no more than 60 days prior
          written notice (a) mailed to the registered holders of the series of
          Global Notes to be redeemed and (b) published in accordance with the
          rules of the Luxembourg Stock Exchange. The redemption price will be
          equal to the greater of (1) 100%

                                      -2-

<PAGE>

          of the principal amount of the applicable series of Global Notes to be
          redeemed or (2) the sum, as determined by the Quotation Agent (as
          defined below), of the present value of the principal amount of the
          applicable Global Notes to be redeemed and the remaining scheduled
          payments of interest thereon from the redemption date to the maturity
          date (the "REMAINING LIFE") discounted from the scheduled payment
          dates to the redemption date on a semiannual basis (assuming a 360-day
          year consisting of twelve 30-day months) at the Treasury Rate (as
          defined below) plus 25 basis points in the case of the 2007 Global
          Notes and 30 basis points in the case of the 2012 Global Notes, plus
          accrued and unpaid interest on the principal amount being redeemed to
          the redemption date.

               If money sufficient to pay the redemption price of and accrued
          interest on the series of Global Notes (or portions thereof) to be
          redeemed on the redemption date is deposited with the Trustee or
          Paying Agent on or before the redemption date and certain other
          conditions are satisfied, then on and after the redemption date,
          interest will cease to accrue on such Global Notes (or such portion
          thereof) called for redemption and such Global Notes will cease to be
          outstanding. If any redemption date is not a business day, the Company
          will pay the redemption price on the next business day without any
          interest or other payment due to the delay.

               If fewer than all of the Global Notes of a series are to be
          redeemed, the Trustee will select the Global Notes of such series for
          redemption on a pro rata basis, by lot or by such other method as the
          Trustee deems appropriate and fair. No Global Notes of $1,000 or less
          will be redeemed in part.

               For the purposes above:

               "Comparable Treasury Issue" means the United States Treasury
          security selected by the Quotation Agent as having a maturity
          comparable to the Remaining Life that would be utilized, at the time
          of selection, and in accordance with customary financial practice, in
          pricing new issues of corporate debt securities of comparable maturity
          with the Remaining Life.

               "Comparable Treasury Price" means, with respect to any redemption
          date, the average of the three Reference Treasury Dealer Quotations
          for such redemption date.

               "Quotation Agent" means the Reference Treasury Dealers.

               "Reference Treasury Dealer" means each of Banc of America
          Securities LLC, Deutsche Bank Securities Inc. and J.P. Morgan
          Securities Inc., and their respective successors; provided, however,
          that if any of the foregoing shall cease to be a primary U.S.
          Government securities dealer in The City of New York (a "PRIMARY
          TREASURY DEALER"), the Company shall substitute therefor another
          Primary Treasury Dealer.

                                      -3-

<PAGE>

               "Reference Treasury Dealer Quotations" means, with respect to
          each Reference Treasury Dealer and any redemption date, the average,
          as determined by the Trustee, of the bid and asked prices for the
          Comparable Treasury Issue (expressed in each case as a percentage of
          its principal amount) quoted in writing to the Trustee by each
          Reference Treasury Dealer at 5:00 p.m., New York City time, on the
          third business day preceding the redemption date.

               "Treasury Rate" means, with respect to any redemption date, the
          rate per year equal to the semiannual equivalent yield to maturity of
          the Comparable Treasury Issue, assuming a price for the Comparable
          Treasury Issue (expressed as a percentage of its principal amount)
          equal to the Comparable Treasury Price for the redemption date.

               (b) REDEMPTION FOR TAX PURPOSES. The Company may, at its option,
          redeem, as a whole, but not in part, the 2007 Global Notes or the 2012
          Global Notes on not fewer than 30 nor more than 60 days' prior notice
          to the holder of record at a redemption price equal to 100% of the
          principal amount of the Global Notes being redeemed, together with
          interest accrued to the redemption date, if either of the following
          occurs:

                    (1) as a result of any change in, or amendment to, the laws
               (or any regulations or rulings promulgated thereunder) of the
               United States (or any political subdivision or taxing authority
               thereof or therein), or any change in the official application
               (including a ruling by a court of competent jurisdiction in the
               United States) or interpretation of such laws, regulations or
               rulings, which change or amendment is announced or becomes
               effective on or after the consummation of this offering, the
               Company becomes or will become obligated to pay additional
               amounts as described below under Section 25(a) "Payment of
               Additional Amounts;" or

                    (2) any act is taken by a taxing authority of the United
               States on or after the consummation of this offering, whether or
               not such act is taken with respect to the Company or any
               affiliate, that results in a substantial likelihood that the
               Company will or may be required to pay such additional amounts.

               However, in order to redeem a series of Global Notes pursuant to
          this provision the Company will be required to determine, in the
          Company's business judgment, that the obligation to pay such
          additional amounts cannot be avoided by the use of commercially
          reasonable measures available to the Company, not including
          substitution of the obligor under the applicable series of Global
          Notes or any action that would entail a material cost to the Company.
          The Company may not redeem unless it shall have received an opinion of
          counsel to the effect that because of an act taken by a taxing
          authority of the United States (as discussed above) such an act
          results in a substantial likelihood that the Company will or may be
          required to pay additional amounts described above and the Company
          shall have delivered to the Trustee a certificate, signed by a duly
          authorized officer, stating that based on such opinion the Company are
          entitled to redeem the applicable series of Global Notes pursuant to
          their terms.

                                      -4-

<PAGE>

     10. Neither series of Global Notes is subject to any sinking fund or
analogous provisions. Neither series of Global Notes will be redeemable at the
option of the Holder thereof prior to Maturity.

     11. The Global Notes shall be issuable only in denominations of $1,000 and
any integral multiple thereof.

     12. Except as otherwise provided herein, the amount of payments of
principal of, or any premium or interest on, either series of Global Notes may
not be determined with reference to an index, formula or other method.

     13. The Global Notes may be purchased only in currency of the United States
and payment of principal of, premium, if any, and interest on the Global Notes
will only be made in currency of the United States.

     14. The payment of principal of, premium, if any, or interest on either
series of Global Notes will not be payable at the option of the Company or the
Holder in any currency or currency units other than in the currency of the
United States.

     15. One hundred percent (100%) of the principal amount of either series of
Global Notes will be payable upon declaration of acceleration of the Maturity of
such series pursuant to Section 502 of the Indenture.

     16. The aggregate principal amount payable at Stated Maturity of the 2007
Global Notes is $1,000,000,000 and the aggregate principal amount payable at
Stated Maturity of the 2012 Global Notes is $500,000,000.

     17. The defeasance and covenant defeasance provisions of Article Thirteen
of the Indenture will apply to both series Global Notes.

     18. Neither series of Global Notes may be converted into other securities
or property.

     19. The Depositary for the Global Notes shall be The Depository Trust
Company, a New York Corporation ("DTC"). Each series of Global Notes will be
represented by one or more Global Securities registered in the name of DTC or
Cede & Co., as a nominee of DTC. Except as set forth in Section 305 of the
Indenture, such Global Securities may be transferred, in whole and not in part,
only to DTC or another nominee of DTC.

     20. There are no Events of Default with respect to either series of Global
Notes that are in addition to the Events of Default contained in the Indenture.

     21. The Trustee will also act as the Security Registrar and the Paying
Agent, and for so long as either series of Global Notes is listed on the
Luxembourg Stock Exchange, J.P. Morgan Bank

                                      -5-

<PAGE>

Luxembourg S.A., 5 Rue Plaetis, Luxembourg, L-2338, will act as Paying Agent in
Luxembourg with respect to both series of Global Notes.

     22. Neither series of Global Notes is subject to any guarantee with respect
to the payments of principal, premium, if any, or interest.

     23. Both series of Global Notes are unsecured.

     24. Sections 1008 and 1009 of the Indenture will apply to each series of
Global Notes without variation.

     25. The following are additional provisions with respect to the each series
of Global Notes:

          (a) PAYMENT OF ADDITIONAL AMOUNTS. The Company will, subject to
     certain exceptions and limitations set forth below, pay to the holder of
     any 2007 Global Note or 2012 Global Note that is a United States Alien (as
     defined below), as additional interest, such additional amounts as may be
     necessary in order that every net payment on such Global Note (including
     payment of the principal of and interest on such Global Note) by the
     Company or the Company's specified Paying Agent, after deduction or
     withholding for or on account of any present or future tax, assessment or
     other governmental charge imposed upon or as a result of such payment by
     the United States (or any political subdivision or taxing authority thereof
     or therein), will not be less than the amount provided in such Global Note
     to be then due and payable. However, the Company's obligation to pay
     additional amounts will not apply to:

               (1) any tax, assessment or other governmental charge that would
          not have been so imposed but for:

                   o    the existence of any present or former connection
                        between such holder or beneficial owner of such Global
                        Note (or between a fiduciary, settlor or beneficiary of,
                        or a person holding a power over, such holder, if such
                        holder is an estate or a trust, or a member or
                        shareholder of such holder, if such holder is a
                        partnership or corporation) and the United States or any
                        political subdivision or taxing authority thereof or
                        therein, including, without limitation, such holder (or
                        such fiduciary, settlor, beneficiary, person holding a
                        power, member or shareholder) being or having been a
                        citizen or resident of the United States or treated as a
                        resident thereof or being or having been engaged in a
                        trade or business or present therein or having or having
                        had a permanent establishment therein; or

                                      -6-

<PAGE>

                   o    such holder's or beneficial owner's past or present
                        status as a personal holding company, passive foreign
                        investment company, foreign personal holding company,
                        foreign private foundation or other foreign tax-exempt
                        organization with respect to the United States,
                        controlled foreign corporation for United States tax
                        purposes or corporation that accumulates earnings to
                        avoid United States federal income tax;

               (2) any estate, inheritance, gift, excise, sales, transfer,
          wealth or personal property tax or any similar tax, assessment or
          other governmental charge;

               (3) any tax, assessment or other governmental charge that would
          not have been imposed but for the presentation by the holder of a
          Global Note for payment more than 30 days after the date on which such
          payment became due and payable or the date on which payment thereof
          was duly provided for, whichever occurred later;

               (4) any tax, assessment or other governmental charge that is
          payable otherwise than by withholding from a payment on a Global Note;

               (5) any tax, assessment or other governmental charge required to
          be withheld by any Paying Agent from a payment on a Global Note, if
          such payment can be made without such withholding by any other Paying
          Agent;

               (6) any tax, assessment or other governmental charge that would
          not have been imposed but for a failure to comply with applicable
          certification, information, documentation, identification or other
          reporting requirements concerning the nationality, residence, identity
          or connection with the United States of the holder or beneficial owner
          of a Global Note if such compliance is required by statute or
          regulation of the United States or an applicable tax treaty to which
          the United States is a party as precondition to relief or exemption
          from such tax, assessment or other governmental charge;

               (7) any tax, assessment or other governmental charge imposed on a
          holder that actually or constructively owns 10% or more of the
          combined voting power of all classes of stock of the Company;

               (8) any tax, assessment or governmental charge that would not
          have been imposed or withheld but for an election by the holder the
          effect of which is to make the payment of the principal of, or
          interest (or any other amount) on, a Global Note by the Company or a
          paying agent subject to United States federal income tax; or

               (9) any combination of items (1), (2), (3), (4), (5), (6), (7)
          and (8).

                                      -7-

<PAGE>

               In addition, the Company shall not be required to pay additional
          amounts on any 2007 Global Note or 2012 Global Note to a holder that
          is a fiduciary or partnership or other than the sole beneficial owner
          of such payment to the extent a beneficiary or settlor with respect to
          such fiduciary or a member of such partnership or a beneficial owner
          would not have been entitled to additional amounts (or payment of
          additional amounts would not have been necessary) had such
          beneficiary, settlor, member or beneficial owner been the holder of
          such Global Note.

               For the purposes above:

               "United States Alien" means any person who, for United States
          federal income tax purposes, is a foreign corporation, a non-resident
          alien individual, a non-resident alien fiduciary of a foreign estate
          or trust, or a foreign partnership, one or more of the members of
          which is, for United States federal income tax purposes, a foreign
          corporation, a non-resident alien individual or a non-resident alien
          fiduciary, of a foreign estate or trust.

               "United States" or "U.S." means the United States of America
          (including the States and the District of Columbia) and its
          territories, its possessions and other areas subject to its
          jurisdiction.

               (b) LUXEMBOURG STOCK EXCHANGE. So long as a series of Global
          Notes is listed on the Luxembourg Stock Exchange, the following
          provisions will be applicable to such series of Global Notes:

                    (1) notices with respect to such series of Global Notes
               shall be published in a daily newspaper of general circulation in
               Luxembourg, which is expected to be the LUXEMBOURG WORT, to the
               extent such publication is required by the Exchange; and

                    (2) the Company will maintain a Paying Agent in Luxembourg
               as specified in Section 21 above, and any change in the Paying
               Agent and transfer agent will be published in Luxembourg as
               specified in (1) above to the extent such publication is required
               by the Exchange.

     In rendering this Officers' Certificate, each of undersigned has read the
Indenture, including Sections 102, 201, 301 and 303 thereof, and has made such
examinations and investigations which, in his or her opinion, are necessary to
enable such person to express an informed opinion as to whether all covenants
and conditions required under the Indenture to be complied with or satisfied in
connection with the Trustee's authentication and delivery of the Global Notes,
have been complied with or satisfied, and, in such person's opinion, all such
covenants and conditions have been complied with and satisfied.

     Attached hereto as EXHIBIT B-1 AND B-2 are the forms of Global Security for
each of the 2007 Global Notes and the 2012 Global Notes. We further approve all
of the terms and conditions set forth on or referred to in the attached forms of
Global Security. In the event that Certificated

                                      -8-

<PAGE>

Securities are issued in exchange for a Global Security, the form of certificate
evidencing the Certificated Security shall be in substantially the form of the
applicable attached Global Security, with such grammatical and other changes as
are necessary to evidence the Certificated Securities in definitive form rather
than as Global Securities.

     Capitalized terms used herein that are not otherwise defined herein shall
have the meanings assigned to them in the Indenture.

                [Remainder of this page intentionally left blank]

                                      -9-

<PAGE>

     IN WITNESS WHEREOF, the undersigned have executed this certificate as of
the date first written above.

                                               HEWLETT-PACKARD COMPANY

                                               By:
                                                  -----------------------------
                                                  Ann O. Baskins
                                                  Senior Vice President, General
                                                  Counsel and Secretary

                                               By:
                                                  -----------------------------
                                                  Charles N. Charnas
                                                  Assistant Secretary

              [Signature page to Section 301 Officers' Certificate]EXHIBIT 4.18

     THIS MANAGEMENT AGREEMENT dated as of the 1st day of July, 2000.

AMONG:

           UNIGLOBE.COM INC., a Canadian corporation, having its head
           office at 900 - 1199 West Pender Street, Vancouver, British
           Columbia V6E 2R1;

           (herein called "U.com")
                                                               OF THE FIRST PART

AND:

           CHARLWOOD PACIFIC PROPERTIES LTD., a British
           Columbia company, having its registered office at Suite 2300 -
           1055 Dunsmuir Street, Vancouver, British Columbia V7X 1J1;

           (herein called "Charlwood Pacific")
                                                              OF THE SECOND PART

AND:

           R. CHRISTOPHER CHARLWOOD ("RCC"), Executive, of
           512 - 1383 Marinaside Crescent, Vancouver, British Columbia
           V6Z 2W9; and

           MARTIN H. CHARLWOOD ("MHC"), Executive, of  2003 - 1415
           West Georgia Street, Vancouver, British Columbia V6G 3C8,

           (collectively,  the "Charlwoods")
                                                               OF THE THIRD PART

WHEREAS:

A.   U.com  is in the  business  of  offering  travel  information,  retail  and
wholesale products and merchandise to the online consumer by way of a World Wide
Web site on the Internet  throughout  Canada,  the United  States of America and
other countries throughout the world;

B.   Charlwood Pacific employs each of RCC, who is president and chief operating
officer of U.com,  and MHC,  who is  vice-chairman  of the board of directors of
U.com (the  "Board") and a director of U.com,  both of whom are possessed of the
management and business experience to effectively  participate in the management
of U.com; and

<PAGE>

                                      - 2 -

C.   U.com  wishes  to  retain  Charlwood   Pacific  to  provide  executive  and
management  services  to U.com for a period of ten months  from July 1, 2000 and
the parties  wish to enter into this  Agreement  to record  their  agreement  in
writing.

     IN CONSIDERATION of the covenants and agreements hereinafter set forth, the
parties agree as follows:

1.   U.com hereby retains  Charlwood Pacific to provide executive and management
services to U.com for a ten month period commencing July 1, 2000.

2.   Charlwood  Pacific agrees to provide  executive and management  services to
U.com as hereinafter provided.

3.   During the term of this Agreement,  Charlwood  Pacific will employ RCC, and
will cause RCC to devote  substantially  all of his business time,  energies and
efforts to the effective operation of the U.com business,  and will cause RCC to
perform such services and duties and exercise such  authority as may be assigned
to  Charlwood  Pacific from time to time by the board of directors of U.com (the
"Board"),  which are consistent with his appointment as an officer of U.com. RCC
will accept or continue with his  appointment  as president and chief  operating
officer  of U.com,  or any  variation  of such  office  as the  Board  considers
appropriate.

4.   During the term of this  Agreement,  Charlwood  Pacific will employ MHC and
will cause MHC to devote such of his business  time,  energies and efforts as is
reasonably  required  to carry out his duties as  vice-chairman  of the board of
directors  and a  director  of U.com for the  effective  operation  of the U.com
business,  and will cause MHC to perform  such  services and duties and exercise
such authority as may be assigned to Charlwood  Pacific from time to time by the
Board  which are  consistent  with his  appointment  as a director or officer of
U.com.  MHC will accept or continue with his appointment as vice-chairman of the
Board and a member of the Board,  or any  variation of such offices as the Board
considers appropriate.

5.   During  the  term of this  Agreement,  each of  Charlwood  Pacific  and the
Charlwoods agrees that it or he will not engage in any activity competitive with
or adverse to the  welfare of U.com,  and  Charlwood  Pacific  will use its best
efforts to prevent the Charlwoods from engaging in any activity competitive with
or adverse to the welfare of U.com in any  material  way,  whether  alone,  as a
partner,  officer,  director,  employee  or  shareholder  of another  company or
otherwise.

6.   Notwithstanding  paragraph 5 hereof,  nothing  contained in this  Agreement
shall be construed to prevent either of the Charlwoods from:

     (a)  acting as a member of the board of directors of any other  corporation
          and from receiving compensation therefrom;

<PAGE>

                                      - 3 -

     (b)  making investments of any character in any business; or

     (c)  otherwise engaging in other business activities;

provided  only  that  such  investments  or  other  business  activities  do not
interfere materially with the performance of the services to be rendered by such
Charlwood  to  Charlwood  Pacific and by  Charlwood  Pacific to U.com under this
Agreement.  Without  limiting the  generality  of the  foregoing,  either of the
Charlwoods  may  participate  in  the  ownership  and  management  of  Charlwood
International Corporation,  Charlwood Pacific Holdings Corp., Charlwood Pacific,
Charlwood  Pacific  Group  Ltd.  and Cobalt  Real  Estate  Corporation,  and the
Charlwoods  may also  participate  in the ownership  and  management of Uniglobe
Travel (International) Inc., Century 21 Real Estate Canada Inc., or any of their
present or future subsidiaries or associated companies (as defined in the Canada
Business Corporations Act).

7.   All confidential or proprietary  information or know-how of U.com disclosed
to or developed by or learned by Charlwood  Pacific or either of the Charlwoods,
during the term of this  Agreement,  whether the subject matter of trade mark or
not,  pertaining  to  the  business  and  affairs  of  U.com,  as  well  as  all
information,  data,  inventions,  discoveries,  improvements,  modifications  or
developments  relating  to the  business  activities  of  U.com or  acquired  by
Charlwood  Pacific or either of the Charlwoods during the term of this Agreement
shall be retained in  confidence,  unless  required to be  disclosed by law, and
Charlwood  Pacific will use its best efforts to prevent the use,  disclosure  or
publication  of the same by its agents and  employees to others  during or after
the term of this Agreement,  without the prior written consent of U.com,  unless
required  to be  disclosed  by law.  Charlwood  Pacific  agrees  that  upon  the
termination of this Agreement for any reason, it will deliver to U.com all data,
reports,  communications  or  the  like  and  all  other  materials,  visual  or
conceptual  presentations of any type and copies and duplicates thereof relating
to all matters contemplated by this paragraph.

8.   In  consideration  of the services to be  performed  by  Charlwood  Pacific
hereunder,  U.com will pay to Charlwood  Pacific an aggregate  management fee of
Cdn. $307,500 (the "Management  Fee") , payable in equal monthly  instalments on
the last day of each month  during the term of this  Agreement,  with a pro rata
payment to be made for any portion of the month for which  services are provided
prior to  termination.  In addition,  Charlwood  Pacific or the  Charlwoods  may
participate  in any stock option,  bonus or profit sharing  programs  adopted by
U.com  for its  executives.  The  criteria  which  the  Board  shall  take  into
consideration  in providing  for  participation  in any stock  option,  bonus or
profit  sharing  programs are the  performance  of the  management and operating
personnel of Charlwood Pacific, any increase in the difficulties involved in the
services rendered and responsibility  assumed by Charlwood Pacific,  the success
achieved by U.com as a result of the services rendered by Charlwood Pacific, the
matters and amounts under the  jurisdiction of Charlwood  Pacific,  the earnings
and  profits of U.com,  the  increase in volume and quality of business of U.com
and such other criteria as the Board may deem relevant.

<PAGE>

                                      - 4 -

9.   U.com shall also pay or  reimburse  Charlwood  Pacific  for all  reasonable
travelling,  entertainment  and other  expenses  incurred  or paid by  Charlwood
Pacific or either of the Charlwoods in connection with the performance of its or
their duties under this Agreement and in accordance with policies established by
the Board from time to time, upon presentation of expense statements or vouchers
and such  other  supporting  information  as the  Board  may  from  time to time
request.

10.  During the term of this Agreement, each of the Charlwoods shall be entitled
to a vacation or vacations  totalling to that  fraction of four weeks  duration,
the  numerator  of which is 10 (being  the  number of months in the term of this
Agreement)  and the  denominator  of which is 12,  to be taken at such  times as
shall be most convenient in relation to the demands of the business of U.com and
Charlwood  Pacific and the personal plans of the Charlwoods and shall not affect
the right of Charlwood Pacific to the Management Fee.

11.  U.com may terminate this Agreement at any time, as it shall apply to either
of the Charlwoods individually, without any payment in lieu of notice in respect
of such individual Charlwood, by and effective upon the giving of written notice
to Charlwood  Pacific of such  termination,  upon the  occurrence  of any of the
following events, namely:

     (a)  should either of the Charlwoods:

          (i)  become  mentally  incompetent  as  determined  by a duly licensed
               doctor in the Province of British  Columbia  acceptable  to U.com
               and to Charlwood Pacific;

          (ii) be petitioned into bankruptcy;

          (iii)neglect  to give  adequate  time and  personal  attention  to the
               business of U.com (except in case of illness or accident);

          (iv) be guilty of negligence in the performance of his duties; or

          (v)  disobey or neglect any lawful  orders or  directions of the Board
               or infringe any of the provisions of this Agreement; or

     (b)  in the event of any material breach by Charlwood Pacific and/or either
          of the Charlwoods of any of the material provisions of this Agreement,

provided, however, that in the case of clause (a) or (b):

     (y)  termination  shall only be effective upon Charlwood  Pacific's receipt
          of notice from U.com which specifies all grounds for such termination,
          and

<PAGE>

                                      - 5 -

     (z)  a notice of  termination  shall not be given unless,  at least 30 days
          prior thereto, Charlwood Pacific shall have received notice from U.com
          specifying  all alleged  grounds upon which U.com intends to terminate
          this  Agreement  in  respect  of  either of the  Charlwoods  and those
          grounds shall be continuing when such notice of termination is given.

12.  Except as herein provided,  Charlwood  Pacific shall be responsible for all
expenses relating to its own administration and management.

13.  Charlwood   Pacific  agrees  to  diligently  and  properly  carry  out  the
management  services to be rendered  hereunder  and to cause the  Charlwoods  to
serve U.com to the best of their abilities.

14.  U.com  shall  have the right from time to time to apply for and take out in
its name and at its own expense,  life, health or other insurance upon either of
the  Charlwoods  and in any amount or amounts  which may be deemed  necessary by
U.com to protect its interest under this Agreement,  and Charlwood Pacific shall
do all such  things  as may be  necessary  to assist  in the  procuring  of such
insurance by causing such Charlwood to make a proper application therefor as may
be required by the  insurance  company and to submit to the usual and  customary
medical  examinations.  Neither  Charlwood  Pacific nor either of the Charlwoods
shall have any right,  title or  interest in or to such  insurance  but the same
shall be solely for the benefit of U.com and any amount payable thereunder shall
be solely  payable to U.com.  U.com shall pay all premiums on the said  policies
during  the  continuance  in force of this  Agreement  as they come due.  If any
premium is not paid within 20 days after its due date,  either Charlwood Pacific
or either of the Charlwoods,  in respect of the policy on his life only, may pay
such  premium  and be  reimbursed  therefor  by  U.com.  The  insurer  is hereby
authorized and directed to give to each Charlwood, upon his written request, any
information  with  respect to the status of the policy on his life only.  In the
event of the  expiry  or  termination  of this  Agreement  prior to the death of
either of the Charlwoods, Charlwood Pacific may purchase from U.com the policies
on the lives of the  Charlwoods by payment of the cash value thereof at the date
of  purchase,  or,  if there is not any cash  value,  for the sum of  $1.00.  If
Charlwood  Pacific does not purchase from U.com the policies on the lives of the
Charlwoods, then the surviving Charlwood, should he so desire, may purchase from
U.com the policy on his  specific  life by payment of the cash value  thereof at
the date of purchase,  or, if there is not any cash value, for the sum of $1.00.
Any such offer to purchase shall be made within 60 days of the date of expiry or
termination of this Agreement and no such offer shall be refused.

15.  Each of the  Charlwoods  covenants  and  agrees  with  U.com and  Charlwood
Pacific to observe all of the covenants, terms and conditions of this Agreement,
which Charlwood  Pacific has agreed with U.com that such Charlwood shall perform
and observe or that  Charlwood  Pacific will cause such Charlwood to perform and
observe.

<PAGE>

                                      - 6 -

16.  Any  notice  or  other  communication  required  or  permitted  to be given
hereunder  shall be in writing and shall be given by  facsimile,  other means of
electronic  communication  or by  hand-  delivery.  Any  such  notice  or  other
communication,  if sent by facsimile or other means of electronic communication,
shall be deemed to have been  received on the  business day next  following  the
sending,  or if delivered  by hand shall be deemed to have been  received at the
time it is  delivered  to the  applicable  address  noted  below  either  to the
individual  designated below or to an individual at such address having apparent
authority to accept  deliveries on behalf of the addressee.  Notice of change of
address shall also be governed by this section.  Notice and other communications
shall be addressed as follows:

          UNIGLOBE.COM INC.
          900 - 1199 West Pender Street
          Vancouver, British Columbia V6E 2R1
          Attention: Chairman, Compensation Committee
          Telecopier No.  718-2678

          CHARLWOOD PACIFIC PROPERTIES LTD.
          900 - 1199 West Pender Street
          Vancouver, British Columbia V6E 2R1
          Attention: R. Christopher Charlwood
          Telecopier No. 718-2678

          R. CHRISTOPHER CHARLWOOD
          512 - 1383 Marinaside Crescent
          Vancouver, British Columbia V6Z 2W9
          Telecopier No. 718-2678

          MARTIN H. CHARLWOOD
          2003 - 1415 West Georgia Street
          Vancouver, British Columbia V6G 3C8
          Telecopier No. 718-2678

17.  Neither the waiver or  indulgence  by U.com or Charlwood  Pacific of any of
its rights under this  Agreement,  nor the  invalidity of any  provision  herein
contained shall prevent either party from enforcing any other provision or right
created by this Agreement.

18.  No modification of this Agreement shall be valid unless made in writing and
signed by the parties hereto.

19.  Any provision of this Agreement  which is, or becomes  illegal,  invalid or
unenforceable  shall be severed from this  Agreement and be  ineffective  to the
extent of such

<PAGE>

                                      - 7 -

illegality,  invalidity or  unenforceability  and shall not affect or impair the
remaining  provisions  hereof,  which  provisions shall remain in full force and
effect.

20.  This  Agreement  shall be governed  by the laws of the  Province of British
Columbia and the laws of Canada applicable therein.

21.  Any suit, action or proceeding arising out of or relating to this Agreement
against any party shall only be brought in the courts of the Province of British
Columbia  and each party  hereby  irrevocably  and  unconditionally  attorns and
submits to the  jurisdiction  of such courts over the subject matter of any such
suit,  action or  proceeding.  Each party  irrevocably  waives and agrees not to
raise any objection it might now or hereafter  have to any such suit,  action or
proceeding in any such court including,  without limitation,  any objection that
the place where such court is located is an inconvenient  forum or that there is
any other suit,  action or proceeding in any other place relating in whole or in
part to the same subject matter.  Any judgment or order in any such suit, action
or proceeding  brought in such a court shall be conclusive  and binding upon all
parties  hereto,  and each party  consents  to any such  judgment or order being
recognized and enforced in the courts of its  jurisdiction of  incorporation  or
other courts,  by  registration  or homologation of such judgment or order, by a
suit,  action or  proceeding  upon such  judgment  or order,  or any other means
available for  enforcement of judgments or orders,  provided that service of any
required  process is effected upon it in the manner  provided by the laws of the
Province of British Columbia.

22.  This  Agreement,  and the  services  of  Charlwood  Pacific  hereunder,  is
personal  and said  Agreement  may not be assigned or otherwise  transferred  by
Charlwood Pacific without the prior written consent of U.com.

23.  The  parties  acknowledge  that  any  breach  by them of the  terms of this
Agreement  will result in harm to the other parties that cannot be calculated or
fully or adequately  compensated by recovery of damages alone.  Accordingly,  in
addition to any other  relief to which the other  parties may be  entitled,  any
party shall be entitled to interim and  permanent  injunctive  relief,  specific
performance and other equitable remedies.

     IN WITNESS  WHEREOF this  Agreement has been executed by the parties hereto
as of the date first above written.

UNIGLOBE.COM INC.                           CHARLWOOD PACIFIC PROPERTIES
                                            LTD.

Per:  /s/ Illegible                        Per: /s/ R. Christopher Charlwood
      -------------------------------           --------------------------------
      Authorized Signatory                      Authorized Signatory

<PAGE>

                                      - 8 -

SIGNED, SEALED AND DELIVERED in       )
the presence of:                      )
                                      )
                                      )
/s/ Kelly Yamata                      )   /s/ R. Christopher Charlwood
--------------------------------------)   -------------------------------
Witness                               )   R. CHRISTOPHER CHARLWOOD
                                      )
                                      )

SIGNED, SEALED AND DELIVERED in       )
the presence of:                      )
                                      )
/s/ J. Findlay                        )   /s/ Martin H. Charlwood
--------------------------------------)   -------------------------------
Witness                               )   MARTIN H. CHARLWOOD

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}]]