Document:

EXHIBIT 10.13

 

	
   

  	
  DATED

  	
   

  	
  June 24,
  2004

  

 

 

BURDALE
FINANCIAL LIMITED

 

and

 

VIEWSONIC EUROPE LIMITED

 

and

 

FURNESS
LOGISTICS B.V.

 

 

 

THIRD
PARTY PLEDGEHOLDER AGREEMENT

 

 

 

Nabarro
Nathanson

Lacon House

Theobald’s
Road

London  WC1X 8RW

 

Tel:  020
7524 6000

 

 

THIRD PARTY PLEDGEHOLDER AGREEMENT

 

DATE JUNE 24, 2004

 

PARTIES

 

(1)                        BURDALE FINANCIAL LIMITED a
company incorporated and existing under laws of England, having its registered
office at 53 Queen Anne Street, London W1G 9HP (registered in England and Wales
under number 2656007), represented for the purposes hereof by Nigel Hogg (the “Pledgee”);

 

(2)                        VIEWSONIC EUROPE LIMITED
(Company registration number 03131161) a company incorporated and existing
under the laws of England, having its registered office at ViewSonic House,
Fleming Way, Crawley West Sussex RH10 9GA represented for the purposes hereof
by Christopher M. Franey (the “Pledgor”);
and

 

(3)                        FURNESS LOGISTICS MOERDIJK
B.V. a company incorporated and existing under the laws of the Netherlands,
having its registered office at Trade boulevard 4, Havennummer 528, 4761,
Moerdijk represented for the purposes hereof by Piet Mulders (the “Third Party Pledgeholder”).

 

The Pledgee,
the Pledgor and the Third Party Pledgeholder are hereinafter collectively referred
to as the “Parties” and
individually as a “Party”.

 

RECITALS

 

(A)                    Pursuant to a facility agreement dated as
of 24 June 2004 the Pledgee has agreed to make available to the Pledgor
financial facilities up to twenty million US dollars ($20,000,000) as may be
further amended, supplemented or restated form time to time (the “Facility Agreement”).

 

(B)                      Pursuant to a Pledge Agreement
dated 24 June 2004 (the “Pledge Agreement”),
the Pledgor has pledged to the Pledgee its trading stock and other moveable
assets located in the Netherlands, including computer monitors and all other
inventory (the “Goods”),  thus creating a first ranking non-possessory
right of pledge on the Goods.

 

(C)                      The Pledgor is the owner of
Goods stored at warehouses, operated by the Third Party Pledge holder The
Parties are entering into this third party pledgeholder agreement in order to
convert the non-possessory right of pledge created under the Pledge Agreement
into a possessory right of pledge with respect to the Goods located from time
to time at the Warehouses.

 

6

 

IT IS AGREED AS
FOLLOWS:

 

1.                            DEFINITIONS AND INTERPRETATION

 

1.1                                          Unless otherwise defined
herein capitalised terms used in this Agreement, including the recitals hereto,
shall have the meaning given thereto in the Pledge Agreement.

 

1.2                                          In this Agreement, the terms
used will have the following meaning, unless they are expressly otherwise
defined and the headings shall not affect its interpretation:

 

“Additionally Pledged Products”

 

means all the
products belonging to the Pledgor and stored at the Warehouses substituting,
replacing or complementing the Initially Pledged Products;

 

“Agreement”

 

means this
agreement, as may be amended, modified and/or restated from time to time;

 

“Business Day”

 

means any day
not being a Saturday, Sunday or Bank holiday when banks are open for business
in London and the Netherlands;

 

“Event of Default”

 

means any of
the events specified in clause 22 of the Facility Agreement;

 

“Initially Pledged Products”

 

means all the
products of the Pledgor now stored at the Warehouses;

 

“Obligors”

 

means the
Facility Companies and the Guarantors, as each such term is defined by the
Facility Agreement;

 

“Pledged Products”

 

means both the
Initially Pledged Products and the Additionally Pledged Products;

 

“Warehouses”

 

means the
warehouses operated by the Third Party Pledgeholder, located at:

 

(i) 
Tradeboulevard 4, Havennummer 528, 4761 RL Moerdijk; and

 

(ii) 
other premises of the Third Party Pledgeholder located at Moerdijk;

 

7

 

“Secured Indebtedness”

 

means at any
time all present and future obligations and liabilities, whether actual or
contingent and whether owed jointly or severally or in any other capacity whatsoever,
of each Obligor to the Pledgee.

 

1.3                                          References to parties do
include their successors and assigns.

 

2.                            APPOINTMENT OF A THIRD PARTY
PLEDGEHOLDER

 

2.1                                          The Pledgor and the Pledgee
hereby agree that as of the signing of this Agreement the Pledged Products
shall be held by the Third Party Pledgeholder as third party exercising control
(feitelijke macht) over the Pledged
Products within the meaning of article 3:236 paragraph 1 of the Dutch Civil
Code. The Third Party Pledgeholder hereby agrees to so hold the Pledged
Products and agrees in particular that it shall not release or deliver any of
the Pledged Products:

 

(a)                        to the Pledgor, or to any
other person, except with the authorisation of the Pledgee;

 

(b)                       to the Pledgee, except as
pursuant to Sub clauses 2.4 and 3.4.

 

2.2                                          The Pledgee hereby authorises
the Pledgor to dispose of the Pledged Products in its ordinary course of
business as long as no Event of Default has occurred and provided that the
removal of the products from the Warehouses is physically carried out by the
Third Party Pledgeholder.

 

2.3                                          The provisions of this
Agreement shall cease to apply to and the Pledgee hereby waives, renounces and
relinquishes its security rights granted by this Agreement in respect of such
Pledged Products sold and delivered to a third party in conformity with these
provisions.

 

2.4                                          The Pledgee may withdraw the
authorisation under 2.2 at any time by giving written notice to the Pledgor and
the Third Party Pledgeholder. The Third Party Pledgeholder undertakes not to
remove any Pledged Product after it receives such written notice from the
Pledgee.

 

2.5                                          For the avoidance of doubt, if
and to the extent that this Agreement and the mechanisms set out in the Pledge
Agreement fail to create a valid right of possessory pledge on the Pledged
Products on behalf of the Pledgee, the Pledged Products will still be subject
to the non-possessory right of pledge, which right of pledge will be subject to
the terms and conditions of the Pledge Agreement.

 

3.                            UNDERTAKINGS

 

3.1                                          The Third Party Pledgeholder
undertakes to release, return or deliver all of the Pledged Products to the
Pledgee or its designee after receipt of the written notice referred to in
Clause 2.4.

 

3.2                                          The Third Party Pledgeholder
undertakes to segregate the Pledged Products kept in the Warehouses in a way
which shall avoid any confusion with similar third party products stored in the
Warehouses and to comply with any reasonable instruction of the Pledgee to
indicate that the Pledged Products are pledged in favour of the Pledgor.

 

8

 

3.3                                          The Third Party Pledgeholder
confirms and agrees with the Pledgor and the Pledgee that:

 

3.3.1                                                    it is not the beneficiary of
any lien, claim or option over the Pledged Products and does not hold any other
interest in the Pledged Products;

 

3.3.2                                                    it will not create any lien
nor acquire any interest in such Pledged Products and that it agrees not to
levy or distrain on the Pledged Products or to assert any claim against the
Pledge Products or part of it,; and

 

3.3.3                                                    at the date of this Agreement,
it has no outstanding claim against the Pledgor.

 

3.4                                          The Third Party Pledgeholder
undertakes to release the Pledged Products on first request of the Pledgee to
the bailiff acting for the account of the Pledgee, upon notification by the
latter of a judgment of foreclosure of the pledge given according to the
applicable law which has become (provisionally) enforceable notwithstanding
opposition or appeal. Such release shall however not exceed the amount of the
Secured Indebtedness.  The costs of such
release, if any, shall be borne by the Pledgor.

 

3.5                                          The Third Party Pledgeholder
undertakes not to store the Pledged Products in another location than the
Warehouses.

 

4.                            OBLIGATIONS OF THE PLEDGEE

 

4.1                                          In case of foreclosure of the
pledge, the Pledgee undertakes:

 

4.1.1                                                    to pay to the Third Party
Pledgeholder all fees due by the Pledgor under the last invoice in progress,
provided that it is subrogated in the rights of the Third Party Pledgeholder
vis-à-vis the Pledgor; and

 

4.1.2                                                    to pay for the services
rendered by the Third Party Pledgeholder, at the tariff agreed between the
Pledgor and the Third Party Pledgeholder, for as long as these services will be
required by it, provided that it is subrogated in the rights of the Third Party
Pledge holder vis-à-vis the Pledgor.

 

4.2                                          The Pledgee undertakes to
promptly notify the Third Party Pledgeholder of the release of the pledge if
the security created by the Pledge Agreement is discharged.

 

4.3                                          If any storage fees or
associated costs are not paid to the Third Party Pledgeholder in respect of
services provided to the Pledgor, the Third Party Pledgeholder shall have and
may exercise a first priority lien over the Goods to recover such fees and
costs.

 

5.                            WAIVERS

 

The rights of
the Pledgee under this Agreement (whether arising pursuant hereto or under the
general law) shall not be capable of being waived or varied otherwise than by
an express waiver or variation in writing; and in particular any failure to
exercise, or any delay in exercising, any of such rights shall not operate, as
a waiver or variation of that or any other such right; any defective or partial
exercise of any of such rights shall not preclude any other or further exercise
of that or any other such right; and no act or course of conduct or negotiation
on its

 

9

 

part, or on
its behalf, shall in any way preclude it from exercising any such right or
constitute a suspension or any variation of any such right.

 

6.                            MISCELLANEOUS

 

6.1                                          Any provision of this
Agreement which is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions thereof or
affecting the validity or enforceability of such provision in any other
jurisdiction.

 

6.2                                          In case anyone or more of the
provisions contained in this Agreement should be invalid, illegal or
unenforceable in any respect, in whole or in part, under any enactment or rule
of law, such term or provision or part shall to that extent be deemed not to
form part of this agreement and the validity, legality and enforceability of
the remaining provisions contained herein shall not in any way be affected or
impaired.

 

In such case
the Parties shall negotiate in good faith in order to replace such term or
provision by another term or provision with a similar effect, to the extent
permitted by applicable law.

 

6.3                                          No variation of this Agreement
shall be effective unless in writing and signed by or on behalf of each of the
Parties.

 

7.                            COSTS AND EXPENSES

 

7.1                                          All costs and expenses
incurred by the Pledgee pursuant to this Agreement shall be borne by the
Pledgor.

 

8.                            TERMINATION

 

8.1                                          The Parties agree that this
Agreement will terminate upon the termination of both the non-possessory right
of pledge pursuant to the Pledge Agreement and the possessory right of pledge
pursuant to this Agreement.

 

10

 

9.                            NOTICES

 

9.1                                          Any notice or other
communication requiring to be given or served under or in connection with this
Agreement shall be in writing and shall be sufficiently given or served if
delivered or sent:

 

In case of the
Pledgee:

 

BURDALE
FINANCIAL LIMITED

53 Queen Anne
Street

London

W1G 9HP

England

 

Fax: 0044 20
7935 4445

 

For the
attention of the Company Secretary

 

 

In case of the
Pledgor:

 

VIEWSONIC
EUROPE LIMITED

 

ViewSonic
House

 

Fleming Way,
Crawley

 

West Sussex

 

RH10 9GA

 

Fax: 0044 1293
643 915

 

For the attention
of the European Legal Counsel

 

 

In case of the
Third Party Pledgeholder:

Tradeboulevard
4

Havennummer
528

4761 RL
Moerdijk

 

Fax:

 

For the
attention of: Piet Mulders

 

9.2                                          Any such notice or other
communication shall be delivered by hand or sent by courier, fax or prepaid
first class post.  If sent by courier or
fax such notice or communication shall conclusively be deemed to have been
given or served at the time of dispatch. 
If sent by post such notice or communication shall conclusively be
deemed to have been received two business days from the time of posting.

 

11

 

10.                     GOVERNING LAW AND SUBMISSION TO
JURISDICTION

 

10.1                                    This Agreement shall be
governed by and construed in accordance with the laws of the Netherlands.

 

10.2                                    In case of dispute which may
arise out of or in connection with this Agreement, the Courts of Amsterdam, the
Netherlands, shall have exclusive jurisdiction.

 

IN WITNESS whereof the parties hereto have caused this Agreement
to be duly executed and delivered by their respective officers thereunto duly
authorized as the date the first above written.

 

	
  Signed on
  behalf of BURDALE FINANCIAL

  	
  )

  
	
  LIMITED in
  the presence of:

  	
  )

  
	
   

  
	
   

  
	
  Witness:

  	
  /s/ Nigel B.
  Hogg

  	
   

  
	
   

  
	
  Name: Nigel
  B. Hogg

  
	
   

  
	
  Address: 53 Queen
  Anne Street

  
	
   

  
	
  London

  
	
   

  
	
  W1G 9HP,
  England

  
	
   

  
	
  Occupation:
  Director

  
			

 

12

 

	
  Signed on
  behalf of VIEWSONIC EUROPE

  	
  )

  
	
  LIMITED in
  the presence of:

  	
  )

  
	
   

  
	
   

  
	
  Witness:

  	
  /s/
  Christoper Franey

  	
   

  
	
   

  
	
  Name:
  Christopher Franey

  
	
   

  
	
  Address:
  ViewSonic House

  
	
   

  
	
  Fleming Way,
  Crawley

  
	
   

  
	
  West Sussex,
  RH10 9GA

  
	
   

  
	
  Occupation:
  President

  
			

 

 

	
  Signed on
  behalf of FURNESS LOGISTICS

  	
  )

  
	
  MOERDIJK
  B.V.   

  	
  )

  
	
  in the
  presence of:

  	
  )

  
	
   

  
	
   

  
	
  Witness:

  	
  /s/ Piet
  Mulders

  	
   

  
	
   

  
	
  Name: Piet
  Mulders

  
	
   

  
	
  Address:
  Tradeboulevard 4

  
	
   

  
	
  Havennummer
  528

  
	
   

  
	
  4761 RL
  Moerdijk

  
	
   

  
	
  Occupation:
  Operations Manager

  
			

 

13CONSULTING AGREEMENT

BETWEEN:

                             TOTAL FIRST AID, INC.,
                              A body incorporated,
  With a registered office in the State of Florida, including its subsidiaries
                 (Hereinafter referred to as the "Corporation")
                                      And -

                               6067425 CANADA INC.
                              A body incorporated,
               With a registered office in the Province of Quebec,
                  (Hereinafter referred to as the "Consultant")

                                     - And -

                                  GILLES CARON
            Of the City of Mont-Tremblant, in the Province of Quebec,
               (Hereinafter referred to as the "Service Provider")

         WHEREAS the Corporation is acquiring all of the issued and outstanding
shares of FSG International Inc., ("FSG"), (the "Transaction");

         AND WHEREAS FSG carries on the business of supplying services in the
Information Technology sector;

         AND WHEREAS the Consultant and the Service Provider have the
qualifications, skills and experience to provide the required services;

         AND WHEREAS after the Transaction, the Corporation wishes to retain the
services of the Consultant for a specified period of time;

         AND WHEREAS after the Transaction, Consultant wishes to offer its
services to the Corporation for the same specific period of time;

         AND WHEREAS the Corporation specializes in the Information Technology
(IT) consulting and outsourcing services in Canada and the United States.

         AND WHEREAS the Corporation and the Consultant wish to define the terms
and conditions of this Consulting Agreement;

         AND WHEREAS this Consulting Agreement forms an integral part of the
executed Share Purchase Agreement between the Corporation and FSG, with an
effective date of May 1st, 2004, which terms, conditions, references and
definitions are hereby incorporated and will have the same meanings as used in
the said Share Purchase Agreement;
<PAGE>
                                       2

         NOW, THEREFORE, in consideration of the mutual covenants and agreements
hereinafter contained and other good and valuable consideration (the receipt and
sufficiency of which is hereby acknowledged) the parties have agreed and this
Consulting Agreement (the "Agreement") witnesses as follows:

                                   ARTICLE 1
                      CONDITIONAL OFFER AND EFFECTIVE DATE

         1.1 The preamble forms an integral part of this Agreement.

         1.2 This Agreement is conditional upon the closing of the transactions
contemplated by the Share Purchase Agreement (the "Transaction"). If the
Transaction does not close, this Agreement shall be null and void ab initio, and
all obligations, including any obligation of compensation or payment to the
Consultant, shall cease.

         1.3 The effective date (the "Effective Date") of this Agreement shall
be the day following the closing of the Transaction.

                                   ARTICLE 2
                             INDEPENDENT CONTRACTOR

         2.1 This is an Agreement for the services of the Consultant as a
separate business unit, and the Consultant shall not be entitled to any benefits
of any nature whatsoever other than to those which are expressly provided for
herein.

         2.2 The Consultant is acting exclusively as a business unit separate
from that of the Corporation and no relationship of agency, partnership, joint
venture, employer-employee, or master-servant is created between the Consultant
and the Corporation.

         2.3 It is acknowledged and agreed by the Consultant and the Corporation
that the Consultant shall be and at all time is acting and performing as a
consultant to the Corporation. The Consultant agrees not to represent to any
other party that the Consultant is an agent, partner, joint venture, employee,
or servant of the Corporation.

         2.4 The Consultant agrees that he shall indemnify and save harmless the
Corporation against any and all claims, actions, causes of action, debts or
demands relating to deductions and withholdings under federal, state or
municipal law including those under the Income Tax Act as amended from time to
time, and any claims related to Employment Insurance, Workers Security
Insurance, for or in respect of the provision of services under this Agreement,
together with any interest or penalties relating thereto and any costs or
expenses incurred by the Corporation in defending such claims, cause of action,
demand, debt or by any other authority.

         2.5 The Consultant further agrees that he shall indemnify and save
harmless the Corporation from the Consultant's failure, omission or refusal to
remit deductions to the appropriate federal, provincial, state or municipal
government entity, agency or collecting body, as required by law.

<PAGE>
                                       3

                                   ARTICLE 3
                        TERM OF THE CONSULTING AGREEMENT
                        AND OBLIGATIONS OF THE CONSULTANT

         3.1 On the Effective Date of this Agreement, the Service Provider shall
remain a Director of FSG, and the Service Provider agrees to execute all
necessary documents to facilitate the nomination.

         3.2 The Corporation engages the Consultant to provide and the
Consultant agrees to provide the Consulting Services commencing as at the
Effective Date, and continuing for two twelve (12) month periods. This
relationship and this Agreement will be renewed for additional twelve (12) month
period with the prior written consent of the Parties within sixty (60) days from
the termination of the second twelve-month period. If this Agreement is not
renewed, in accordance with the terms and conditions of section 3.2, this
Agreement shall terminate at the end of the applicable twelve (12) month period,
which date shall be referred to as the "Contract Termination Date

         3.3 The Parties agree that during the initial transition period of six
months, the Service Provider shall provide the Consulting Services hereunder.
After the said transition period, the Consultant may replace the Service
Provider with the prior written consent of the Corporation. The new Service
Provider will be bounded by the terms and conditions of this agreement. Any
deviation of this clause shall be a breach of a material provision of this
Agreement by the Consultant.

         3.4 Services retained:

                  3.4.1 The Corporation retains the professional services of the
Consultant to perform the services, roles and responsibilities as described in
Schedule 3.4.1 and its amendments (the "Consulting Services").

                  3.4.2 It is agreed and acknowledged that Schedule 3.4.1 may be
amended in writing from time to time as agreed to by the Parties.

                  3.4.3 Schedule 3.4.1 and its respective amendments shall form
an integral part of this Agreement and shall be governed by the terms and
conditions put forth in this Agreement. In the event of any conflict between
this Agreement and Schedule 3.4.1 and its amendments, the terms and conditions
of the Schedule 3.4.1 and its amendments shall prevail.

         3.5 The Consultant shall perform the Consulting Services in accordance
with and in the following manner:

                  3.5.1 In accordance with Schedule 3.4.1

                  3.5.2 In a good professional and workmanlike manner and in
accordance with accepted industry standard practices;
<PAGE>
                                       4

                  3.5.3 In compliance with all applicable federal, state,
provincial, and local laws and regulations, and the Corporation's policies (as
those policies pertain to consultants).

         3.6 It is agreed by the Parties that during the term of this Agreement,
the Consultant will perform the Consulting Services in accordance with the
Corporation's objectives and requirement on a timely basis.

         3.7 The Consultant shall receive instructions from and report to the
Chairman and Chief Executive Officer (CEO) of the Corporation.

         3.8 In the event that the Consultant or the Service Provider is or
becomes subject to any legal proceedings instituted by third parties with
respect to the Consulting Services:

                  3.8.1 If the Consultant or the Service Provider is found
guilty of gross negligence, material omission, malpractice or this Agreement is
terminated in accordance with Section 3.5.3 herein, the Consultant or the
Service Provider agrees to indemnify the Corporation for all legal services and
costs related to the said legal proceedings;

                  3.8.2 If the said legal proceedings are instituted for reasons
other than those in Section 3.8.1 herein and this Agreement is not terminated in
accordance with 5.1 herein, the Corporation agrees to indemnify the Consultant
or the Service Provider for all legal services and costs related to the said
legal proceedings.

         3.9 The Consultant and the Service Provider agree to return to the
Corporation any and all computers, discs, tapes, files, documents and working
papers acquired and/or produced under this Agreement within three working days
of termination of this Agreement.

                                   ARTICLE 4
                                 FEE ARRANGEMENT

         4.1 Subject to the terms of this Agreement, Consultant shall be paid by
the Corporation for the provision of the Consulting Services on a monthly
retainer of 7,500 USD plus any applicable taxes, within 5 business days of the
following month.

         4.2 The Consultant shall not be entitled to be a participant in any of
the employee or other benefit plans of the Corporation.

         4.3 The Corporation shall pay to the Consultant all reasonable expenses
actually and properly incurred by the Consultant in connection with the
performance of its obligations under this Agreement, such expenses to be
documented in accordance with the Corporation's standard policies and shall be
subject to approval by the Corporation. The Consultant shall submit statements
and vouchers for all such expenses once a month, at the end of each month.

<PAGE>
                                       5

         4.4 The consultant shall participate as a member of the Business
Development Team of the Corporation . The Consultant shall be, given from time
to time, specific Mergers and Acquisitions and Financing mandates. The
Consultant's compensation package for these said mandates shall be defined and
accepted in writing by the Corporation prior to the execution of these said
mandates. The Consultant shall be paid at closing of these transactions. These
mandates will form an integral part of this agreement and shall be defined and
attached in Schedule 4.4

                                    ARTICLE 5
                                   TERMINATION

         5.1 TERMINATION FOR CAUSE

The Corporation will terminate this Agreement at any time and, the Corporation's
obligation to compensate Consultant with respect to this Agreement will
terminate upon written notice to Consultant and Service Provider in the event
that Consultant or Service Provider is in breach of or in default of the
following:

                  5.1.1 Section 3.3 herein;

                  5.1.2 Section 3.5 herein;

                  5.1.3 Change of control of Consultant without the prior
written approval of the Corporation;

                  5.1.4 Article 6 herein during the term of this Agreement;

         5.2 TERMINATION BY CONSULTANT OR SERVICE PROVIDER

If Consultant and/or Service Provider terminates this Agreement at any time for
the following reasons, this Agreement shall terminate all obligations, including
any obligation of compensation or payment to Consultant by the Corporation shall
cease and the Restricted Period (as hereinafter defined) shall be three (3)
months:

                  5.2.1 Election of Consultant or Service Provider;

                  5.2.2 The death or disability of Service Provider, for the
purposes of this Agreement, long-term disability shall mean the inability of
Service Provider to provide the Consulting Services for a period of 90 days.
<PAGE>
                                       6

         5.3 TERMINATION WITHOUT CAUSE

                  5.3.1 If the Corporation terminates this Agreement without
cause, the Corporation will continue to pay Consultant the amount referred to in
Section 4.1 herein for the balance of the agreed term of 24 months from the date
of execution of this Agreement, including any amounts owed to the Consultant
pursuant to Section 4.4 and the Restricted Period shall be six (6) months.

         5.4 TERMINATION FOR ANY REASON

Upon termination of this Agreement for any reason, the Corporation will pay
Consultant, within five (5) business days of Consultant's last day actively
performing the Consulting Services for the Corporation, the following:

                  5.4.1 All Consulting Services fees plus applicable taxes
earned, but not yet paid, on a pro-rata basis, for the month of termination;

                  5.4.2 Any expenses incurred and not paid in accordance with
this Agreement.

         5.5 The provisions of Article 6 herein shall survive the termination of
this Agreement, regardless of the reason for termination, notwithstanding that
the applicable restricted period of ARTICLE 6 herein shall vary in accordance
with the cause of termination of this Agreement (the " Restricted Period").
Unless a different time period is specified, the Restricted Period shall be 12
months.

                                   ARTICLE 6
                             PERSONAL COVENANTS AND
                           POST-AGREEMENT OBLIGATIONS

         6.1 The Consultant and the Service Provider have carefully read and
considered the provisions of this Article 6 and, having done so, agree that the
restrictions set forth in this Article are fair and reasonable, and are
reasonably required for the protection of the interests of the Corporation and
to protect the value of the business purchased by the Corporation in the
Transaction. The Consultant and the Service Provider recognize and agree that as
a consultant of the Corporation they will become knowledgeable, aware and
possessed of confidential information of the Corporation and other affiliated
companies including their investor's, customer's and other consultant's,
technology, know-how, products and technical and business data, marketing
strategies and investor programs shall be referred to in this Agreement as the
("Confidential Information"). The Consultant and the Service Provider
acknowledge and agree that the Corporation is the sole and exclusive owners and
proprietors of all such Confidential Information, and that the Consultant and
the Service Provider owe a duty to ensure that all Confidential Information is
and remains at all times confidential.

         6.2 Non Competition

                  a. The Consultant and the Service Provider further acknowledge
that in the course of this consulting relationship, they will be assigned duties
that will give them knowledge of Confidential Information and proprietary
information which relates to the conduct and details of the Corporation's
<PAGE>
                                       7

businesses and which may result in irreparable injury if the Consultant and/or
the Service Provider would enter into an employment or consulting relationship
with a business which is the same as or similar to and which is competitive to
the Business (as Business is hereinafter defined). The Consultant and the
Service Provider agree with, and for the benefit of, the Corporation, that the
Consultant and the Service Provider shall not without the prior written approval
of the Board of Directors of the Corporation during the term of this Agreement
or at any time within the Restricted Period as of the Contract Termination Date,
either as an individual or as a partner or joint venture or otherwise in
conjunction with any person or persons, firm, association, syndicate, company or
corporation, as principal, agent, consultant, director, officer, employee,
investor or in any other manner whatsoever, directly or indirectly, carry on, be
engaged in, be interested in, or be concerned with, or permit the Consultant's
or the Service Provider's names or any part thereof to be used or employed by
any such person or persons, firm, association, syndicate company or corporation,
carrying on, engaged in, interested in or concerned with, a business which is
the same as or similar to the business conducted by the Corporation or as at the
date of termination of this Agreement (the "Business") within the Province of
Ontario and Quebec.

                  b. The Consultant and the Service Provider have the right to
request in writing to the Board of Directors of the Corporation, in advance for
agreement that a proposed business or position is not prohibited within the
terms of this Agreement. If the Consultant and the Service Provider receive
written acknowledgment that the Board of Directors of the Corporation do not
object to the Consultant's or the Service Provider's participation in the said
requested business or position, then they shall be allowed to so participate.

                  c. This Article shall not prevent the Consultant or the
Service Provider from purchasing as a passive investor up to 5% of the
outstanding publicly traded shares or other securities of any class of an issuer
listed on a recognized stock exchange.

         6.3 Non-Disclosure

The Parties understand that the Corporation desires to keep their contractual
relationship with their investors, customers and other consultants confidential.
The Consultant and the Service Provider agree during the term of this Agreement
and thereafter not to disclose any such investor, customer or other consultant
relationships unless authorized in writing by the Board of Directors of the
Corporation or as required by applicable law.

         6.4 Confidential Information

The Consultant and the Service Provider will have access to the Confidential
Information. The Consultant and the Service Provider agree to accept and retain
said Confidential Information in confidence and, at all times during or after
the termination of this Agreement, not to disclose or reveal such information
and data for purposes other than those authorized by the Corporation or as
required by applicable law. At the request of the Corporation and upon
termination of this Agreement, the Consultant and the Service Provider will
promptly turn over to the Corporation, all written or descriptive matter
containing the Confidential Information or proprietary information or data.
<PAGE>
                                       8

         6.5 Patent-Copyright

                  a. The Consultant and the Service Provider agree to make
prompt and complete disclosure to the Corporation of any (i) invention,
discovery, or improvement ("Invention"), whether patentable or not and (ii)
copyrightable material, which relate to the Business and which are made,
conceived, or authored by the Consultant or the Service Provider, alone or with
others, during the term of this Agreement and, with respect to an Invention, for
one (1) year following the Contract Termination Date. All works produced by the
Consultant shall be deemed "work made for hire."

                  b. The Consultant and the Service Provider agree to and do
hereby assign to the Corporation all of their right, title and interest in any
Invention(s) and copyrightable material. At the request and expense of the
Corporation, the Consultant and the Service Provider will render whatever
assistance may be necessary for the Corporation to secure a patent or copyright
for such Invention(s) or material.

         6.6 Non-Solicitation

The Consultant and the Service Provider agree that as a result of their position
with the Corporation, that they will have access to the Confidential
Information. The Consultant and the Service Provider agree that during the term
of this Agreement or at any time within the Restricted Period as of the Contract
Termination Date, regardless of the reason for termination that the Consultant
and the Service Provider shall not:

                  (i) directly or indirectly, either as an individual or as a
partner or joint venture, or as an employee or principal, management,
consultant, agent, shareholder, officer, director, or sales person for any
person, firm, association, organization, syndicate, company or corporation,
solicit or accept any business from any Client of the Corporation.

                  (ii) hire, solicit, or attempt to induce any employee of the
Corporation to leave the Corporation's employ and work directly or indirectly
for or with the Consultant and the Service Provider or any employer or
contractor of the Consultant and the Service Provider; or

                  (iii) hire, solicit, or attempt to induce any contractor or
sub-contractor of the Corporation to not perform their respective duties or to
leave the Corporation and work directly or indirectly for or with the Consultant
or the Service Provider or any employer or contractor of the Consultant and the
Service Provider.

         6.7 Property

All reports, computer programs, manuals, tapes, card decks, listings (including
customer listings) and any other documentation or data furnished to or prepared
by the Consultant in connection with this Agreement shall be the property of the
Corporation.

<PAGE>
                                       9

                                   ARTICLE 7
                          GENERAL PROVISIONS AND NOTICE

         7.1 Any waiver by a Party of any breach of any provision of this
Agreement by the other Party shall not be binding unless in writing, and shall
not operate or be construed as a waiver of any other or subsequent breach by the
Consultant or the Service Provider.

         7.2 This Agreement contains the entire agreement between the Parties
and may be changed only by agreement in writing signed b the Parties hereto.

         7.3 This Agreement shall be governed by and construed in accordance
with the laws in force in the State of Florida, U.S.A.

         7.4 If any paragraph, subparagraph or provision of this Agreement is
determined to be unenforceable by a Court of competent jurisdiction, then such
provision shall be severable from the Agreement and the remainder of this
Agreement shall be unaffected thereby and shall remain in full force and effect.

         7.5 Any notice required to be given hereunder shall be in writing and
sufficiently made if delivered personally, sent by facsimile transmission, or
mailed by prepaid registered mail to the Parties at their respective addresses
herein.

         7.6 Any such notice shall be deemed to have been given on the date it
is delivered if personally delivered or sent by facsimile, or if mailed, on the
third business day following the mailing thereof. Any of the Parties may change
its address for service by giving written notice hereunder.
<PAGE>
                                       10

         7.7 Time shall be of the essence of this Agreement.

                  THE CORPORATION:

                  First Aid Direct, Inc.
                  21218 St. Andrews Blvd., # 509
                  Boca Raton, Florida, 33433

                  CONSULTANT:

                  6067425 Canada Inc.
                  Attn: Gilles Caron
                  196B, rue Papineau
                  Quebec (Quebec)
                  J8X 1W2

                  THE SERVICE PROVIDER:

                  Gilles Caron
                  228, chemin Champagne
                  Mont-Tremblant, Quebec
                  Canada, J8E 1V4
<PAGE>
                                       11

         IN WITNESS WHEREOF the Parties hereto have executed this Agreement.

                                          FIRST AID DIRECT, INC.,

                                          PER:

                                          -------------------------------
                                          MICHEL L. MARENGERE

                                          6067425 CANADA INC.

                                          PER:

                                          --------------------------------
                                          GILLES CARON

                                          THE SERVICE PROVIDER

                                          --------------------------------
                                          GILLES CARON

<PAGE>
                                       12

                                 SCHEDULE 3.4.1

CONSULTANT AND SERVICES PROVIDER MANDATE

This Schedule 3.4.1 forms an integral part of the Consulting Agreement executed
between the Parties and the said Consulting Agreement forms an integral part of
the Share Purchase Agreement executed between the Corporation and FSG with an
effective date as of ______t, 2004.

CONSULTANT AND THE SERVICES PROVIDER (CSP)

The CSP will report to the Chairman and CEO of the Corporation and jointly with
him and the other members of the corporate development team shall maximize the
Corporation's shareholder value.

 The CSP will exercise flexibility to work with and support the Corporation's
other executives in their respective mandates, provide financial guidance,
participate in business development activities, prepare related financial and
business development reports.

THE CSP'S CONSULTING ACTIVITIES AND PARTICIPATION ARE, BUT NOT LIMITED TO:

o        Understanding and adhering to the Corporate's overall business and
         corporate objectives;

o        Participate in the preparation of financing documents;

o        Participate in the evaluation of Corporation's Mergers & Acquisitions,
         new business opportunities, and joint venture partnerships;

o        Search, identify and screen potential companies for acquisition
         targets;

o        Solicit and qualify the level of interest of targeted companies;

o        Initiate preliminary negotiations;

<PAGE>
                                       13

o        Prepare an analysis and recommendation report with:

         o        Target company synergy with the Corporation

         o        Proposed acquisition architecture;

         o        Proposed corporate and management restructuring scenarios;

         o        Proposed financial structure, equity and debt instruments and
                  their respective attributes;

o        Prepare and recommend appropriate road map and time line for closing;

o        Participate in the preparation of the MOU;

o        Assist and lead the due diligence process;

o        Participate and coordinate the Share Purchase Agreement negotiations up
         to closing

o        Prepare and present up to date progress report of transactions.

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