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                                                                   EXHIBIT 10.4

                         TECHNOLOGY LICENSING AGREEMENT

         THIS AGREEMENT ("The Agreement") is made this _____ day of December,
1999, by and between Chequemate International, Inc., a corporation organized
and existing under the laws of the State of Utah, one of the United States of
America, d/b/a C3D Digital, Inc., ("Licensor"), having its principal place of
business at 330 Washington Boulevard, Suite 507, Marina del Rey, California
90292, and Iehab Hawatmeh, an individual residing at 12008 South Bluffview
Drive, Sandy, Utah 84092, ("Licensee").

         WHEREAS, Licensor is the owner of certain intellectual property and
technology (the "Know-how") relating to the conversion of two dimensional
imagery to pseudo-stereoscopic imagery, as incorporated in a consumer product
known as a "Realeyes" unit, previously manufactured by Circuit Technology
Corporation, and

         WHEREAS, Licensee desires to obtain a nonexclusive license to use
the Know-how, and Licensor desires to grant this license to Licensee on terms
and conditions acceptable to the parties; and

         WHEREAS, the quality of the goods manufactured by the Licensee
pursuant to this Agreement and the maintenance of the Know-how in confidence
are material conditions of this Agreement and Licensor's grant of the license
contained in this Agreement;

         NOW, THEREFORE, in consideration of the mutual promises contained
herein and intending to be legally bound hereby, Licensor and Licensee agree
as follows:

1   GRANT OF RIGHTS.  Licensor grants Licensee the nonexclusive license to
manufacture, use, and sell Realeyes units, using and incorporating the
Know-how, subject to the terms and conditions set forth in this Agreement.
Nothing in this Agreement should be construed to prohibit the granting of
other or similar licenses to any person or entity, or to prohibit the
Licensor from manufacturing, using, or selling products incorporating the
Know-how. In the event that Licensor develops or discovers modifications to
or improvement in the technology embodied in the Know-how that it deems in
its sole discretion to be useful to the Licensee's use of the rights granted
by this Paragraph 1 (the "Improvements"), Licensor must promptly disclose the
Improvements to Licensee in writing and offer a license to use the
Improvements upon the terms and conditions set forth in this Agreement.

2   GRANT-BACK TO LICENSOR.  Licensee grants to Licensor a nonexclusive
royalty-free license to use any modification of or improvement to, any
technology used by Licensee pursuant to this Agreement and promptly to
disclose all such modifications and improvements to Licensor.

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3   WARRANTIES BY LICENSOR.  Licensor warrants and represents that it is the
sole owner of the intellectual property, and that the practice of the art
disclosed in the intellectual property will not constitute an infringement of
the rights of any third party. Licensor indemnifies Licensee against and
holds Licensee harmless from any loss, damage, or claim, including reasonable
attorney fees, arising from or relating to any breach of the warranties
contained in this Paragraph 3. Licensor reserves the right to control the
defense of any resulting suit or claim, including without limitation the
right to choose counsel and to settle and dispose of the suit or claim as it
deems appropriate in its sole discretion.

4   ROYALTIES.  As and for full consideration for the rights granted in this
Agreement, Licensee will pay to the Licensor the following:

              a.   Initial Payment.  Licensee will pay to Licensor One Hundred
                   Twenty Five Thousand Dollars ($125,000.00) upon execution of
                   this Agreement.

              b.   Additional Royalties.  Licensee will pay to Licensor on the
                   first day of each month during any term of this Agreement a
                   sum equal to $3.00 for each Realeyes unit sold by Licensee
                   during the preceding month.

              c.   Access to Records.  Licensee will maintain records of (1) the
                   manufacture, lease, sale or other disposition of all goods
                   and articles manufactured pursuant to this Agreement. These
                   records must be accurately maintained and conform to all
                   generally accepted accounting standards. Licensee will permit
                   access by Licensor to all these records during normal
                   business hours. In the event that Licensor discovers that the
                   records have not been maintained or are not accurate or that
                   Licensee has failed to make any payment of any royalties
                   required by the Agreement as shown by the records, Licensee
                   shall reimburse Licensor for the cost of reviewing the
                   records, including reimbursement of all reasonable accountant
                   and attorney fees.

5   SUB-LICENSE.  Licensee may not grant any sub-license of any of the rights
granted by this Agreement without the prior written permission of Licensor.

6   CONFIDENTIALITY.  Licensee acknowledges and agrees that all Know-how and
other manufacturing, sales, marketing, technical, and other information
disclosed to it by Licensor is confidential and proprietary to Licensor (the
"Confidential Information") and acknowledges that the unauthorized disclosure
of any of the Confidential Information will result in immediate and
irreparable competitive injury to Licensor. Licensee may disclose the
Confidential Information only to those of its employees to whom such
disclosure is necessary to permit the manufacture, use, and sale of the
products which incorporate the Know-how and may not disclose any of the
Confidential Information to any other person or entity without the prior
written approval of Licensor.

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7   QUALITY.  All goods manufactured, sold, or otherwise disposed of by
Licensee pursuant to this Agreement must meet reasonable quality standards as
imposed by Licensor. Licensee will permit Licensor access to its
manufacturing facilities during normal working hours for the purpose of
ensuring that Licensee's manufacturing practices conform to the requirements
of this Paragraph 7.

8   NON-COMPETITION.  Licensee may not during any term of this Agreement
engage in the manufacture, use, or sale of any goods or articles that compete
with or have a similar use or application as the goods manufactured pursuant
to this Agreement.

9   TECHNICAL ASSISTANCE.  Licensor will provide, at Licensee's sole expense,
sufficient technical assistance to enable Licensee to manufacture the
products incorporating the Know-how.

10  INFRINGEMENT.  In the event that Licensee becomes aware of any act that
may constitute an infringement of any right granted by this Agreement,
Licensee must promptly notify Licensor of that act. Thereafter, Licensee
will, at Licensor's expense, assist Licensor in the prosecution of any claim
or action arising from or relating to that act, provided that Licensee must
bear all attorney fees and expenses incurred as a result of Licensee's use of
counsel other than or in addition to counsel retained by Licensor.

11  TERM AND TERMINATION.  The term of this License shall be perpetual,
unless Licensee materially breaches any of his obligations hereunder, and
fails to cure such breach within thirty days of written notice thereof. In
the event that a material breach remains uncured after such thirty day
period, this License shall be terminated.

12  ARBITRATION.  All disputes arising from or relating to this Agreement or
its breach are to be finally decided by arbitration conducted under the rules
of the American Arbitration Association, governing commercial disputes.

13  ASSIGNMENT.  Licensee may not assign this Agreement or any right granted
herein without the prior written consent of Licensor.

14  ENTIRE AGREEMENT.  This Agreement constitutes the entire agreement
between Licensor and Licensee with regard to its subject matter, and no
prior, simultaneous, or collateral promises or representations not expressly
contained in this Agreement are of any force or effect.

15  TAXES, EXPENSES, COMPLIANCE WITH LAW.  Licensee will pay and discharge or
cause to be paid and discharged as and when they become due all taxes,
levies, assessments, governmental charges, fines and penalties of whatsoever
nature lawfully imposed in connection with its activities under this
Agreement and any income derived from this Agreement.

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16  APPLICABLE LAW.  This Agreement is governed by and construed under the
laws of the State of California, applicable to contracts executed or
performed in California.

19  BOARD OF DIRECTORS APPROVAL.  This Agreement is subject to the approval
of the Licensor's Board of Directors, which approval shall be promptly sought
by the officer whose signature appears below.

CHEQUEMATE INTERNATIONAL, INC.

By:
    ------------------------------
      J. Michael Heil, CEO

----------------------------------
         Iehab Hawatmeh

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                                                                   EXHIBIT 10.5

                                LICENSE AGREEMENT

This License Agreement ("The Agreement") is entered into this _____ day of
November, 1999, by and between Chequemate International, Inc., a Utah
corporation, d/b/a C3D Digital, Inc., ("C3D"), having its principal place of
business at 330 Washington Boulevard, Suite 507, Marina del Rey, CA 90292,
and Academy Entertainment, Inc., a New Jersey corporation, ("Academy") having
its principal place of business at 59 Westminster Avenue, Bergenfield, New
Jersey 07621.

ARTICLE I
GRANT OF RIGHTS

1.1  Programs.  Academy shall furnish to C3D all feature films,
documentaries, cartoons, and short subjects ("Programs") available in
Academy's film library. See Schedule A, Master Tapes Available, bearing the
name, MLR Films International.

1.2  Grant.  Academy hereby grants to C3D the perpetual, irrevocable,
non-exclusive, worldwide right to the use of the Programs, for use with their
proprietary 3D technology, or any other 3D technology, including still images
from the Programs, to incorporate some or all of the Programs as part of its
database, to use, copy, display, perform, modify, distribute and otherwise
exploit the Programs in any 3D medium by any means now known or hereafter
devised, to use the Programs for marketing and advertising in connection with
the Programs and to edit the Programs as desired in connection therewith.

1.3  Delivery.  Upon C3D's written request, Academy shall deliver to C3D as
soon as is practicable, at C3D's expense, one (1) copy of each of the
Programs requested by C3D to the location designated by C3D in such request
("the Master Copies"). Academy shall be under no obligation to fulfill
requests for Master Copies if new information is discovered of a possible
copyright infringement or potential technical problems. Academy shall replace
any rejected titles with similar themes on a best efforts basis. All Master
Copies shall be sent in Beta SP (metal) NTSC format via UPS, or when
requested, overnight, via Federal Express.

ARTICLE II
PAYMENT

2.1  Payment for Copies.  C3D shall pay Academy in advance $100.00 per hour
for each Master Copy ordered pursuant to section 1.3 above. The cost of the
tape is included in the $100.00 per hour, but not the cost of shipping.

2.2  Payment for Rights.  C3D shall compensate Academy with restricted common
stock (Rule 144 stock) in C3D, with an aggregate value of $250,000.00 as
follows: C3D shall issue

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$90,000.00 worth of unregistered common stock to Academy upon board approval,
with the number of shares determined by the average trading value over the
five (5) trading days prior to issuance; and another $80,000.00 worth of
unregistered common stock to Academy six months later, with the number of
shares determined by the average trading value over the prior six months; and
the final $80,000.00 worth of unregistered common stock to Academy six months
after that, with the number of shares determined by the average trading value
over those prior six months. Academy shall have standard piggyback and
registration rights.

2.3  Taxes.  All taxes, whether Federal, State, Dominion, Provincial, or
Local, and whether Sales or Use or Personal Property, Payroll, Excise, or
other tax, governmental fee, or duty, arising from this Agreement or the
transactions contemplated by this Agreement, shall be the sole responsibility
of Academy.

ARTICLE III
REPRESENTATIONS AND WARRANTIES

Academy represents and warrants that (I) it has the right, power, and
authority to enter into this Agreement and fully perform its obligations
hereunder; (II) the making of this Agreement does not violate any agreement
between it and any other person or entity; (III) to the best of Academy's
knowledge, the Programs are in the public domain or are unregistered
according to the U.S. Copyright Office; (IV) there are no outstanding
obligations or commitments of any kind pertaining to or involving the
Programs; (V) neither the Programs nor their copying and distribution as
contemplated herein will infringe upon any common law or statutory copyright
or other state or federal regulations or contravene the rights of any third
party; (VI) the Programs do not violate any rights of privacy; and (VII) all
rights and licenses necessary to grant the rights as set forth herein and to
copy and distribute the Programs as described herein have been obtained.

ARTICLE IV
INDEMNIFICATION

4.1  Indemnity.  Academy hereby agrees to indemnify, defend, and hold C3D,
its directors, officers, shareholders, employees, agents, successors and
assigns harmless from any and all claims, causes of action, demands, damages,
losses, costs, obligations, recoveries and deficiencies (including attorney
fees and costs) which arise from or relate in any manner in whole or in part
to any of the representations and warranties of Academy contained in this
Agreement or any failure by Academy to perform or comply with any covenant
contained in this Agreement.

4.2  Procedure.  C3D shall notify Academy in writing of any claims for which
it seeks indemnification under section 4.1 above, and shall give Academy the
exclusive authority to defend or settle such claim (it being understood that
C3D may participate with counsel of its own choosing at its own expense),
and, at Academy's expense, give Academy reasonable information

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and assistance to settle and/or defend any such claim. Academy shall not have
the right to settle any claim in a manner which is prejudicial to the
interest of C3D without C3D's prior written consent.

ARTICLE V
GENERAL PROVISIONS

5.1  Governing Law.  The rights and obligations of the parties under this
Agreement shall be governed by and construed under the laws of California,
without regard to California's conflict of laws provisions.

5.2  Jurisdiction; Venue.  All disputes arising from this Agreement shall be
subject to the exclusive jurisdiction and venue of the state and federal
courts located in Los Angeles County, California, and the parties consent to
the exclusive and personal jurisdiction of these courts.

5.3  Entire Agreement.  This Agreement constitutes the complete and exclusive
understanding and agreement of the parties regarding the subject matter
hereof and supersedes any and all prior or contemporaneous understandings,
agreements, communications or advertising or course of conduct with respect
to the subject matter hereof.

5.4  Board of Directors Approval.  This Agreement is subject to the approval
of the respective Boards of Directors of the parties hereto, which approval
shall be promptly sought by the officers whose signatures appear below.

Academy Entertainment, Inc.                 Chequemate International, Inc.

By:                                         By:
    ------------------------------              -------------------------------
    Alan Miller, President                      J. Michael Heil, CEO

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