Document:

<PAGE>   1
                                                                   EXHIBIT 10.11

================================================================================

                          SECURITIES PURCHASE AGREEMENT

                                     BETWEEN

                                FUTURELINK CORP.

                                       AND

                               CPQ HOLDINGS, INC.

                                   DATED AS OF

                                DECEMBER 6, 1999

================================================================================

<PAGE>   2

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                        Page
                                                                                        ----
<S>                                                                                     <C>
ARTICLE I DEFINITIONS..................................................................   1
    Section 1.1      "Action"..........................................................   1
    Section 1.2      "Affiliate".......................................................   1
    Section 1.3      "Agreement".......................................................   1
    Section 1.4      "Board of Directors"..............................................   1
    Section 1.5      "Business Day"....................................................   1
    Section 1.6      "Buyer"...........................................................   1
    Section 1.7      "Closing".........................................................   2
    Section 1.8      "Closing Date"....................................................   2
    Section 1.9      "Commitment"......................................................   2
    Section 1.10      "Company"........................................................   2
    Section 1.11     "Company Charter".................................................   2
    Section 1.12     "Company Common Stock"............................................   2
    Section 1.13     "Company Reports".................................................   2
    Section 1.14     "Company Stock"...................................................   2
    Section 1.15     "Exchange Act"....................................................   2
    Section 1.16     "GAAP"............................................................   2
    Section 1.17     "Government Authority"............................................   2
    Section 1.18     "Liabilities".....................................................   2
    Section 1.19     "Liens"...........................................................   3
    Section 1.20     "Master Lease Agreement"..........................................   3
    Section 1.21     "Material Adverse Effect".........................................   3
    Section 1.22     "person"..........................................................   3
    Section 1.23     "Purchase Price"..................................................   3
    Section 1.24     "Purchased Shares"................................................   3
    Section 1.25     "Registration Rights Agreement"...................................   3
    Section 1.26     "SEC".............................................................   3
    Section 1.27     "Securities Laws".................................................   3
    Section 1.28     "Subsidiaries"....................................................   3

ARTICLE II PURCHASE AND SALE OF COMPANY STOCK; CLOSING.................................   4

    Section 2.1      Purchase and Sale.................................................   4
    Section 2.2      Consideration.....................................................   4
    Section 2.3      Additional Agreements and Closing Deliveries......................   4
    Section 2.4      Time and Place of Closing.........................................   4

ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY..............................   5

    Section 3.1      Organization and Qualification; Subsidiaries......................   5
    Section 3.2      Authority Relative to Agreements; Board Approval..................   6
    Section 3.3      No Conflicts; No Defaults; Required Filings and Consents..........   6
    Section 3.4      SEC and Other Documents; Financial Statements.....................   7
    Section 3.5      Absence of Certain Changes or Events..............................   7
    Section 3.6      No Undisclosed Liabilities........................................   8

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER.....................................   8

    Section 4.1      Organization......................................................   8
    Section 4.2      Due Authorization.................................................   8
    Section 4.3      Conflicting Agreements and Other Matters..........................   8
    Section 4.4      Acquisition for Investment; Sophistication........................   9
    Section 4.5      Resources.........................................................   9
</TABLE>

                                       i

<PAGE>   3

<TABLE>
<S>                                                                                     <C>
    Section 4.6      Brokers or Finders................................................   9

ARTICLE V COVENANTS RELATING TO CLOSING................................................  10

    Section 5.1      Taking of Necessary Action........................................  10
    Section 5.2      Registration Rights Agreement.....................................  10
    Section 5.3      Public Announcements; Confidentiality.............................  10

ARTICLE VI CONDITIONS TO CLOSING.......................................................  11

    Section 6.1      Conditions of Closing.............................................  11
    Section 6.2      Conditions of Sale................................................  12

ARTICLE VII SURVIVAL    13

    Section 7.1      Survival..........................................................  13

ARTICLE VIII MISCELLANEOUS.............................................................  13

    Section 8.1      Counterparts......................................................  13
    Section 8.2      Governing Law.....................................................  13
    Section 8.3      Entire Agreement..................................................  13
    Section 8.4      Notices...........................................................  14
    Section 8.5      Successors and Assigns............................................  14
    Section 8.6      Headings..........................................................  14
    Section 8.7      Amendments and Waivers............................................  15
    Section 8.8      Interpretation; Absence of Presumption............................  15
    Section 8.9      Severability......................................................  15
    Section 8.10     Further Assurances................................................  15
    Section 8.11     Specific Performance..............................................  15
    Section 8.12     Interpretation of Schedules.......................................  15
</TABLE>

EXHIBITS

Exhibit A    Registration Rights Agreement
Exhibit B    Lock-Up Agreement
Exhibit C    Side Letter dated November 11, 1999

                                       ii

<PAGE>   4

        THIS SECURITIES PURCHASE AGREEMENT (the "Agreement"), dated as of
December 6, 1999, is made by and between FUTURELINK CORP., a Delaware
corporation (the "Company") and CPQ HOLDINGS, INC. ("Buyer").

                                    RECITALS:

        WHEREAS, concurrently herewith Buyer and Company are entering into the
Master Lease and Financing Agreement, dated the date hereof, providing for a
$20,000,000 lease line of credit ("Master Lease Agreement"); and

        WHEREAS, Buyer wishes to purchase from the Company, and the Company
wishes to sell to Buyer, for an aggregate purchase price of $2.2 million in
cash, 112,590 shares of the Company's common stock, par value $0.0001 per share
(the "Company Common Stock") on the terms set forth herein;

        NOW, THEREFORE, in consideration of the premises and the
representations, warranties, covenants and agreements contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and intending to be legally bound hereby, the parties
hereto hereby agree as follows:

                                    ARTICLE I

                                   Definitions

        As used in this Agreement, the following terms shall have the following
respective meanings:

        Section 1.1 "Action" shall mean any action, suit, arbitration, inquiry,
proceeding or investigation by or before any Government Authority.

        Section 1.2 "Affiliate" shall have the meaning ascribed thereto in Rule
12b- 2 promulgated under the Exchange Act, and as in effect on the date hereof.

        Section 1.3 "Agreement" shall have the meaning set forth in the first
paragraph hereof.

        Section 1.4 "Board of Directors" shall mean the Board of Directors of
the Company.

        Section 1.5 "Business Day" shall mean any day other than a Saturday, a
Sunday or a bank holiday in New York, N.Y.

        Section 1.6 "Buyer" shall have the meaning set forth in the first
paragraph hereof, together with the successors and assigns of such entity.

<PAGE>   5

        Section 1.7 "Closing" shall mean the closing of the transactions
contemplated by this Agreement.

        Section 1.8 "Closing Date" shall mean the date on which the closing of
the transactions contemplated by this Agreement shall occur.

        Section 1.9 "Commitment" shall have the meaning set forth in Section
3.5.

        Section 1.10 "Company" shall mean FutureLink Corp., a Delaware
corporation.

        Section 1.11 "Company Charter" shall mean the Certificate of
Incorporation of the Company and any amendment or supplement thereto, as in
effect on the date hereof.

        Section 1.12 "Company Common Stock" shall have the meaning set forth in
the third paragraph hereof.

        Section 1.13 "Company Reports" shall have the meaning set forth in
Section 3.4(a).

        Section 1.14 "Company Stock" shall mean, collectively, the Company
Common Stock and any other shares of capital stock of the Company.

        Section 1.15 "Exchange Act" shall have the meaning set forth in Section
3.3(a)(iv).

        Section 1.16 "GAAP" shall have the meaning set forth in Section 3.4(b).

        Section 1.17 "Government Authority" shall mean any government or state
(or any subdivision thereof) of or in the United States, or Canada, or any
agency, authority, bureau, commission, department or similar body or
instrumentality thereof, or any governmental court or tribunal.

        Section 1.18 "Liabilities" shall mean, as to any person, all debts,
adverse claims, liabilities and obligations, direct, indirect, absolute or
contingent of such person, whether known or unknown, accrued, vested or
otherwise, whether in contract, tort, strict liability or otherwise and whether
or not actually reflected, or required by GAAP to be reflected, in such person's
or entity's balance sheets or other books and records, including, without
limitation, (i) obligations arising from non-compliance with any law, rule or
regulation of any Government Authority or imposed by any court or any arbitrator
of any kind, (ii) all indebtedness or liability of such person for borrowed
money, or for the purchase price of property or services (including trade
obligations), (iii) all obligations of such person as lessee under leases,
capital or other, (iv) liabilities of such person in respect of plans covered by
Title IV of ERISA, or otherwise arising in respect of plans for Employees or
former Employees or their respective families or beneficiaries, (v)
reimbursement obligations of such person in respect of letters of credit, (vi)
all

                                       2
<PAGE>   6

obligations of such person arising under acceptance facilities, (vii) all
liabilities of other persons or entities, directly or indirectly, guaranteed,
endorsed (other than for collection or deposit in the ordinary course of
business) or discounted with recourse by such person or with respect to which
the person in question is otherwise directly or indirectly liable, (viii) all
obligations secured by any Lien on property of such person, whether or not the
obligations have been assumed, and (ix) all other items which have been, or in
accordance with GAAP would be, included in determining total liabilities on the
liability side of the balance sheet.

        Section 1.19 "Liens" shall mean all liens, mortgages, deeds of trust,
deeds to secure debt, security interests, pledges, claims, charges, easements
and other encumbrances of any nature whatsoever.

        Section 1.20 "Master Lease Agreement"shall have the meaning set forth in
the second paragraphs hereof.

        Section 1.21 "Material Adverse Effect" shall mean a material adverse
effect on the financial condition, results of operations, business or prospects
of the Company and its Subsidiaries taken as a whole.

        Section 1.22 "person" shall mean any individual, corporation,
partnership, limited liability company, joint venture, trust, unincorporated
organization, other form of business or legal entity or Government Authority.

        Section 1.23 "Purchase Price" shall have the meaning set forth in
Section 2.1.

        Section 1.24 "Purchased Shares" shall have the meaning set forth in
Section 2.1.

        Section 1.25 "Registration Rights Agreement" shall have the meaning set
forth in Section 2.3.

        Section 1.26 "SEC" shall mean the Securities and Exchange Commission.

        Section 1.27 "Securities Laws" shall have the meaning set forth in
Section 3.4(a).

        Section 1.28 "Subsidiaries" shall mean with respect to any person, any
corporation, partnership, limited liability company, joint venture, business
trust or other entity, of which such person, directly or indirectly, owns or
controls 50% or more of the securities or other interests entitled to vote in
the election of directors or others performing similar functions with respect to
such corporation or other organization, or to otherwise control such
corporation, partnership, limited liability company, joint venture, business
trust or other entity.

                                       3
<PAGE>   7

                                   ARTICLE II

                   Purchase and Sale of Company Stock; Closing

        Section 2.1 Purchase and Sale. Subject to the terms and conditions
hereof, the Company will sell, convey, assign, transfer, and deliver, and Buyer
will purchase and acquire from the Company, an aggregate of 112,590 shares of
Company Common Stock (the "Purchased Shares").

        Section 2.2 Consideration. Subject to the terms and conditions hereof,
at the Closing, Buyer shall deliver to the Company the amount of $2,200,000 (the
"Purchase Price") by wire transfer of immediately available funds in U.S.
dollars to the account or accounts specified in writing by the Company.

        Section 2.3 Additional Agreements and Closing Deliveries.

        (a) At the Closing the Company and the Buyer shall enter into a
registration rights agreement substantially in the form attached as Exhibit A
(the "Registration Rights Agreement").

        (b) In addition to the other things required to be done hereby, at the
Closing, the Company shall deliver, or cause to be delivered, to the Buyer the
following: (i) a certificate representing the Purchased Shares, (ii) a
certificate, dated the Closing Date and validly executed on behalf of the
Company, as contemplated by Section 6.1(a), (iii) if not previously delivered to
the Buyer all certificates and other instruments and documents required by this
Agreement to be delivered by the Company to the Buyer at or prior to the
Closing, and (iv) such other instruments reasonably requested by the Buyer, as
may be necessary or appropriate to confirm or carry out the provisions of this
Agreement.

        (c) In addition to the delivery of the Purchase Price and the other
things required to be done hereby, at the Closing, Buyer shall deliver, or cause
to be delivered, to the Company such instruments reasonably requested by the
Company, as may be necessary or appropriate to confirm or carry out the
provisions of this Agreement.

        Section 2.4 Time and Place of Closing. The Closing shall take place at
10:00 a.m. New York time on the first business day following satisfaction or
waiver of all conditions to the obligations of the parties hereunder (other than
conditions relating to deliveries of instruments, certificates and opinions to
be delivered by the parties or their representatives at the Closing itself), at
the offices of Paul, Hastings, Janofsky & Walker LLP, 399 Park Avenue, New York,
New York, or at such other place and time as the Company and Buyer shall
mutually agree.

                                       4
<PAGE>   8

                                   ARTICLE III

        Representations and Warranties of the Company

        The Company hereby represents and warrants to Buyers as follows:

        Section 3.1 Organization and Qualification; Subsidiaries.

        (a) The Company is a corporation duly incorporated, validly existing and
in good standing under the laws of the State of Delaware. The Company has all
requisite corporate power and authority to own, operate, lease and encumber its
properties and carry on its business as now conducted, and to enter into this
Agreement and the Registration Rights Agreement, and to perform its obligations
hereunder and thereunder.

        (b) Each Subsidiary of the Company is a corporation, partnership or
limited liability company duly organized, validly existing and in good standing
under the laws of the jurisdiction of its incorporation or organization, and has
the corporate, partnership or limited liability company power and authority to
own its properties and to carry on its business as it is now being conducted.

        (c) Except as set forth on Schedule 3.1(c), each of the Company and its
Subsidiaries is duly qualified to do business and in good standing in each
jurisdiction in which the ownership of its property or the conduct of its
business requires such qualification, except for any failures to be so qualified
or to be in good standing as would not, individually or in the aggregate,
reasonably be expected to result in a Material Adverse Effect.

        (d) The authorized capital stock of the Company as of the date hereof
consists of 300,000,000 shares of Common Stock, par value $0.0001 per share, and
20,000,000 shares of Preferred Stock, no par value (the "Company Preferred
Stock"). As of the date hereof, after giving effect to the issuance of the
Purchased Shares, there are 45,623,078 shares of Company Common Stock issued and
outstanding and no shares of Company Preferred Stock issued and outstanding. All
such issued and outstanding shares of Company Common Stock are duly authorized,
validly issued, fully paid, nonassessable and free of preemptive rights. Except
as set forth on Schedule 3.1(d), the Company has no outstanding bonds,
debentures, notes or other obligations the holders of which have the right to
vote (or which are convertible into or exercisable for securities the holders of
which have the right to vote) with the stockholders of the Company on any
matter. As of the date hereof, except as set forth in Schedule 3.1(d) to this
Agreement, there are no existing options, warrants, calls, subscriptions,
convertible securities, or other rights, agreements or commitments which
obligate the Company to issue, transfer or sell any shares of capital stock or
other equity interests of the Company. No person has any preemptive rights with
respect to the issuance of the Purchased Shares.

                                       5
<PAGE>   9

        Section 3.2 Authority Relative to Agreements; Board Approval.

        (a) The execution, delivery and performance of this Agreement and the
Registration Rights Agreement have been duly and validly authorized by all
necessary corporate action on the part of the Company. This Agreement and the
Registration Rights Agreement have been duly executed and delivered by the
Company and constitute the valid and legally binding obligations of the Company,
enforceable against the Company in accordance with their terms, subject to
applicable bankruptcy, insolvency, moratorium or other similar laws relating to
creditors' rights or general principles of equity.

        (b) The Board of Directors of the Company has, as of the date hereof,
approved this Agreement and the Registration Rights Agreement and the
transactions contemplated hereby and thereby.

        (c) The shares of Company Common Stock to be acquired pursuant to this
Agreement have been duly authorized for issuance, and upon issuance will be duly
and validly issued, fully paid and nonassessable.

        (d) The issue and sale of the shares of the Purchased Shares hereunder
will not give any person the right to demand payment for its shares or give rise
to any preemptive or similar rights.

        Section 3.3 No Conflicts; No Defaults; Required Filings and Consents.

        (a) Neither the execution and delivery by the Company of this Agreement
nor the consummation by the Company of the transactions contemplated hereby in
accordance with the terms hereof will:

                (i) conflict with or result in a breach of any provision of the
        Company Charter or the by-laws of the Company;

                (ii) violate or conflict with any statute, regulation, judgment,
        order, writ, decree or injunction applicable to the Company or its
        Subsidiaries;

                (iii) violate or conflict with or result in a breach of any
        provision of, or constitute a default (or any event which, with notice
        or lapse of time or both, would constitute a default) under, or result
        in the termination or in a right of termination or cancellation of, or
        accelerate the performance required by, or result in the creation of any
        Lien upon any of the properties of the Company or its Subsidiaries
        under, or result in being declared void, voidable or without further
        binding effect, any of the terms, conditions or provisions of any note,
        bond, mortgage, indenture, deed of trust or any license, franchise,
        permit, lease, contract, agreement or other instrument, commitment or
        obligation to which the Company or any of its Subsidiaries is a party,
        or by which the Company or any of its Subsidiaries or any of their
        respective properties is bound or affected; or

                                       6
<PAGE>   10

                (iv) require any consent, approval or authorization of, or
        declaration, filing or registration with, any Government Authority,
        other than any filings required under the Securities Exchange Act of
        1934, as amended (the "Exchange Act").

                (b) Subject to the accuracy of the representations and
warranties of Buyer contained in Article IV, neither the Company nor any agent
acting for it has offered any of the securities being sold hereunder or
solicited offers to buy such securities in violation of the Securities Act or
any applicable state "blue sky" securities laws (and without limitation of the
foregoing, neither the Company nor any of its agents have offered such
securities through any general solicitation or advertising); and neither the
Company nor any of its agents shall take any action which would cause the offer
and sale of securities as contemplated by this Agreement to be in violation of
such laws.

        Section 3.4 SEC and Other Documents; Financial Statements.

        (a) The Company has delivered or made available to Buyer each
registration statement, report, proxy statement or information statement and all
exhibits, amendments and supplements thereto prepared by it or relating to its
properties (including exhibits and any amendments and supplements thereto) filed
with the SEC since January 1, 1999, each in the form so filed (collectively, the
"Company Reports"). Except as set forth on Schedule 3.4(a), the Company Reports
were filed with the SEC in a timely manner and constitute all forms, reports and
documents required to be filed by the Company under the Securities Act, the
Exchange Act and the rules and regulations promulgated thereunder (the
"Securities Laws"). Except as set forth on Schedule 3.4(a), as of their
respective dates, the Company Reports (i) complied as to form in all material
respects with the applicable requirements of the Securities Laws and (ii) did
not contain any untrue statement of a material fact or omit to state a material
fact required to be stated therein or necessary to make the statements made
therein, in the light of the circumstances under which they were made, not
misleading.

        (b) Each of the balance sheets included in or incorporated by reference
into the Company Reports (including the related notes and schedules) fairly
presented the financial position of the entity or entities to which it relates
as of its date and each of the statements of operations, stockholders' equity
(deficit) and cash flows included in or incorporated by reference into the
Company Reports (including any related notes and schedules) fairly presented the
results of operations, retained earnings or cash flows, as the case may be, of
the entity or entities to which it relates for the periods set forth therein, in
each case in accordance with United States generally accepted accounting
principles ("GAAP") consistently applied during the periods involved, except as
may be noted therein and except, in the case of the unaudited statements, (i)
for the absence of notes thereto, and (ii) subject to normal recurring year-end
adjustments which have not been and will not be material in nature or amount.

        Section 3.5 Absence of Certain Changes or Events. Except as disclosed in
the Company Reports filed with the SEC prior to the date hereof, the Company and
each of its Subsidiaries has conducted its business only in the ordinary

                                       7
<PAGE>   11

course, and there has not been (a) any change, circumstance or event that could
reasonably be expected to result in a Material Adverse Effect, (b) any
declaration, setting aside or payment of any dividend or other distribution with
respect to the Company Common Stock, (c) any commitment, contractual obligation,
borrowing, capital expenditure or transaction (each, a "Commitment") entered
into by the Company or any of its Subsidiaries outside the ordinary course of
business, or (d) any material change in the Company's accounting principles,
practices or methods.

        Section 3.6 No Undisclosed Liabilities. Except as and to the extent set
forth (i) in Schedule 3.6 or (ii) in the Company Reports and the Company's
financial statements filed with the SEC or in any Schedule hereto, none of the
Company or any of its Subsidiaries has any Liabilities (nor do there exist any
circumstance which are likely to give rise to Liabilities) other than
Liabilities incurred in the ordinary course of business and consistent with past
practice since June 30, 1999.

        Section 3.7 Brokers or Finders. No agent, broker, investment banker or
other firm or person, including any of the foregoing that is an Affiliate of the
Company, is or will be entitled to any broker's or finder's fee or any other
commission or similar fee from the Company or any Buyer in connection with this
Agreement or any of the transactions contemplated hereby.

                                   ARTICLE IV

        Representations and Warranties of Buyer

        Buyer hereby represents and warrants to the Company as follows:

        Section 4.1 Organization. Buyer is a corporation, duly incorporated,
validly existing and in good standing under the laws of the State of Delaware.
Such Buyer has all requisite corporate power and authority to carry on its
business as now conducted, to enter into this Agreement and the Registration
Rights Agreement and to perform its obligations hereunder and thereunder.

        Section 4.2 Due Authorization. The execution, delivery and performance
of this Agreement and the Registration Rights Agreement have been duly and
validly authorized by all necessary action on the part of Buyer. This Agreement
has been duly executed and delivered by Buyer and constitutes the valid and
legally binding obligations of Buyer, enforceable against Buyer in accordance
with its terms, subject to applicable bankruptcy, insolvency, moratorium or
other similar laws relating to creditors' rights or general principles of
equity.

        Section 4.3 Conflicting Agreements and Other Matters. Neither the
execution and delivery of this Agreement nor the performance by Buyer of its
obligations hereunder will conflict with, result in a breach of the terms,
conditions or provisions of, constitute a default under, result in the creation
of any mortgage, security interest, encumbrance, lien or charge of any kind upon
any of the properties or assets of Buyer pursuant to, or require any consent,
approval or other action by or any notice to or filing

                                       8
<PAGE>   12

with any Government Authority pursuant to, the organizational documents or
agreements of Buyer or any agreement, instrument, order, judgment, decree,
statute, law, rule or regulation by which Buyer is bound.

        Section 4.4 Acquisition for Investment; Sophistication.

        (a) Buyer is acquiring the Company Common Stock being purchased by it
for its own account for the purpose of investment and not with a view to or for
sale in connection with any distribution thereof, and Buyer has no present
intention or plan to effect any distribution of shares of Company Common Stock.
The certificates representing the Purchased Shares shall bear a prominent legend
with respect to the restrictions on transfer under the Securities Act and under
applicable state securities laws. Prior to any proposed transfer of any
Purchased Shares, unless such transfer is made pursuant to an effective
registration statement under the Securities Act, Buyer will deliver to the
Company an opinion of counsel, reasonably satisfactory in form and substance to
the Company, to the effect that the Purchased Shares may be sold or otherwise
transferred without registration under the Securities Act. The Company will
remove the legend relating to Securities Act restrictions from any Purchased
Shares at any time two years after issuance if such Buyer delivers to the
Company an opinion of counsel, reasonably satisfactory in form and substance to
the Company, to the effect that such Purchased Shares are no longer subject to
transfer restrictions under the Securities Act. Upon original issuance thereof,
and until such time as the same shall have been registered under the Securities
Act or sold pursuant to Rule 144 promulgated thereunder (or any similar or
successor rule or regulation) each certificate for the Purchased Shares shall
bear any restricted securities legend required hereby, unless such legend is no
longer required hereunder. Buyer is able to bear the economic risk of the
acquisition of Purchased Shares pursuant hereto and can afford to sustain a
total loss on such investment, and has such knowledge and experience in
financial and business matters that it is capable of evaluating the merits and
risks of the proposed investment.

        (b) Buyer is an "accredited investor" as such term is defined in
Regulation D promulgated under the Securities Act.

        Section 4.5 Resources. Buyer has requisite cash, cash equivalents,
equity commitments or other sources of financing available to consummate the
transactions contemplated hereby.

        Section 4.6 Brokers or Finders. Buyer has not engaged any agent, broker,
investment banker or other firm or person that will be entitled to any broker's
or finder's fee or any other commission or similar fee in connection with this
Agreement or any of the transactions contemplated hereby for which the Company
or any of its Affiliates will be responsible.

                                       9
<PAGE>   13

                                    ARTICLE V

                          Covenants Relating to Closing

        Section 5.1 Taking of Necessary Action. Each party hereto agrees to use
its commercially reasonable best efforts promptly to take or cause to be taken
all action and promptly to do or cause to be done all things necessary, proper
or advisable under applicable laws and regulations to consummate and make
effective the transactions contemplated by this Agreement and the Registration
Rights Agreement, subject to the terms and conditions hereof and thereof,
including all actions and things necessary to cause all conditions precedent set
forth in Article VI to be satisfied.

        Section 5.2 Registration Rights Agreement. At the Closing, the Company
and Buyer shall enter into the Registration Rights Agreement.

        Section 5.3 Public Announcements; Confidentiality.

        (a) Subject to each party's disclosure obligations imposed by law and
any stock exchange or similar rules and the confidentiality provisions contained
in Section 5.3(b), the Company and Buyer will cooperate with each other in the
development and distribution of all news releases and other public information
disclosures with respect to this Agreement and any of the transactions
contemplated hereby. If a party is required by law or any stock exchange or
similar rule to issue a news release or other public announcement with respect
to this Agreement and any of the transactions contemplated hereby, it shall
advise the other party in advance thereof and use reasonable best efforts to
cause a mutually agreeable release or announcement to be issued.

        (b) Buyer agrees that all information provided to it or any of its
representatives pursuant to this Agreement shall be kept confidential, and Buyer
shall not (x) disclose such information to any persons other than the directors,
officers, employees, financial advisors, investors, lenders, legal advisors,
accountants, consultants and Affiliates of Buyer who reasonably need to have
access to the confidential information and who are advised of the confidential
nature of such information or (y) use such information in a manner which would
be detrimental to the Company; provided, however, the foregoing obligation of
Buyer shall not (i) relate to any information that (1) is or becomes generally
available to the public other than as a result of unauthorized disclosure by
Buyer or by persons to whom Buyer has made such information available, (2) is or
becomes available to Buyer on a non-confidential basis from a third party that
is not, to Buyer's knowledge, bound by any other confidentiality agreement with
the Company, or (ii) prohibit disclosure of any information if required by law,
rule, regulation, court order or other legal or governmental process, provided
that in such event the party which believes it is so required to make any such
disclosure shall (x) give the Company reasonable advance notice thereof to the
extent practicable, (y) to the extent practicable, give the Company the
opportunity, at its expense, to oppose any such required disclosure or seek
confidential treatment thereof by the recipient of such information and (z)
cooperate with the Company in connection therewith. Buyers

                                       10
<PAGE>   14

acknowledge that United States securities laws restrict trading in securities
while in possession of material non-public information, and they shall not,
directly or indirectly, alone or with others, in any manner acquire or attempt
to acquire or dispose of any securities of the Company in violation of such
laws.

                                   ARTICLE VI

                              Conditions to Closing

        Section 6.1 Conditions of Closing. The obligation of Buyer to purchase
and pay for the Purchased Shares to be purchased by it hereunder is subject to
satisfaction or waiver of each of the following conditions precedent:

        (a) Representations and Warranties; Covenants. The representations and
warranties of the Company contained herein shall have been true and correct in
all respects on and as of the date hereof, and shall be true and correct in all
respects on and as of the time of the Closing, with the same effect as though
such representations and warranties had been made on and as of the Closing Date
(except for representations and warranties that speak as of a specific date or
time other than the Closing Date (which need only be true and correct in all
respects as of such date or time)), other than, in all such cases, such failures
to be true and/or correct as would not in the aggregate reasonably be expected
to have a Material Adverse Effect; provided, however, that if any of the
representations and warranties are already qualified in any respect by
materiality or as to Material Adverse Effect, for purposes of this Section
6.1(a) such materiality or Material Adverse Effect qualification will be in all
respects ignored (but subject to the overall standard as to Material Adverse
Effect set forth immediately prior to this proviso). The Company shall have
delivered to Buyer at the Closing a certificate of an appropriate officer in
form and substance reasonably satisfactory to Buyer dated the Closing Date to
such effect.

        In making any determination as to Material Adverse Effect under this
Section 6.1(a), the matters referred to in such Section shall be aggregated and
considered together.

        (b) No Material Adverse Change. Since December 31, 1998 there shall not
have been any change, circumstance or event which has had, or presents a
substantial possibility of, a Material Adverse Effect.

        (c) Registration Rights Agreement. The Registration Rights Agreement
shall have been executed and delivered by the parties thereto.

        (d) No Injunction, etc. There shall not be in effect any final order,
decree or injunction of a court or Governmental Authority of competent
jurisdiction which enjoins or prohibits consummation of the transactions
contemplated hereby; there shall be no threatened or pending Action by any
Governmental Authority seeking to enjoin or prohibit such consummation; and
there shall be no pending or threatened Actions which would reasonably be
expected to have a material adverse effect on the

                                       11
<PAGE>   15

Company or any Subsidiary or on the ability of the Company to consummate the
transactions contemplated hereby or to issue the Company Common Stock.

        (e) No Defaults. The Company shall not have taken any action or omitted
to take any action which action or omission shall have caused a material default
or breach of its covenants or agreements hereunder.

        Section 6.2 Conditions of Sale. The obligations of the Company to issue
and sell the Company Common Stock at the Closing are subject to satisfaction or
waiver of each of the following conditions precedent:

        (a) Representations and Warranties; Covenants. The representations and
warranties of Buyer contained herein shall have been true and correct in all
respects on and as of the date hereof, and shall be true and correct in all
respects on and as of the Closing Date with the same effect as though such
representations and warranties had been made on and as of the Closing Date
(except for representations and warranties that speak as of a specific date or
time other than such Closing Date (which need only be true and correct in all
respects as of such date or time)), other than, in all such cases, such failures
to be true and/or correct as would not in the aggregate reasonably be expected
to have a Material Adverse Effect on Buyer's ability to consummate the
transactions contemplated hereby; provided, however, that if any of the
representations and warranties is already qualified in any respect by
materiality or as to Material Adverse Effect, for purposes of this Section
6.2(a) such materiality or Material Adverse Effect qualification will be in all
respects ignored (but subject to the overall standard as to Material Adverse
Effect set forth immediately prior to this proviso). The covenants and
agreements of Buyer to be performed on or before the Closing Date in accordance
with this Agreement shall have been duly performed in all respects, other than
such failures as would not in the aggregate reasonably be expected to have a
Material Adverse Effect on Buyer's ability to consummate the transactions
contemplated hereby (provided, however, that if any such covenant or agreement
is already qualified in any respect by materiality or as to Material Adverse
Effect for purposes of determining whether this condition has been satisfied,
such materiality or Material Adverse Effect qualification will be in all
respects ignored and such covenant or agreement shall have been performed in all
respects without regard to such qualification (but subject to the overall
exception as to Material Adverse Effect set forth immediately prior to this
proviso)).

        (b) Buyer shall have entered into (i) the Master Lease Agreement and
(ii) the lock-up agreement in the form attached hereto as Exhibit B.

        (c) No Injunction. There shall not be in effect any final order, decree
or injunction of a court or Governmental Authority of competent jurisdiction
which enjoins or prohibits consummation of the transactions contemplated hereby.

                                       12
<PAGE>   16

                                   ARTICLE VII

                                    Survival

        Section 7.1 Survival. All representations, warranties and covenants and
agreements of the parties contained herein, or in any Schedule or Exhibit
hereto, or any certificate, document or other instrument delivered in connection
herewith shall survive the Closing until 5:00 p.m. New York time on December 6,
2000 except for representations, warranties and covenants and agreements of the
parties contained in sections 3.2, 3.3 and 3.7 which shall survive until the
expiration of the applicable statute of limitations. No Action or proceeding may
be brought with respect to any of the representations and warranties, or any of
the covenants or agreements unless written notice thereof, setting forth in
reasonable detail the claimed misrepresentation or breach of warranty or breach
of covenant or agreement, shall have been delivered to the party alleged to have
breached such representation or warranty or such covenant or agreement on or
prior to the expiration of the right of action hereunder.

                                  ARTICLE VIII

                                  Miscellaneous

        Section 8.1 Counterparts. This Agreement may be executed in one or more
counterparts, all of which shall be considered one and the same agreement, and
shall become effective when one or more counterparts have been signed by each
party hereto and delivered to each other party. Copies of executed counterparts
transmitted by telecopy, telefax or other electronic transmission service shall
be considered original executed counterparts for purposes of this Section,
provided receipt of copies of such counterparts is confirmed.

        Section 8.2 Governing Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of New York without reference
to the choice of law principles thereof.

        Section 8.3 Entire Agreement. This Agreement, the Side Letter dated
November 11, 1999 attached as Exhibit C and the agreements referenced herein and
the Schedules and Exhibits hereto contain the entire agreement between the
parties with respect to the subject matter hereof and there are no agreements,
understandings, representations or warranties between the parties other than
those set forth or referred to herein. This Agreement is not intended to confer
upon any person not a party hereto (and their successors and assigns) any rights
or remedies hereunder. The confidentiality agreement relating to the
transactions contemplated hereby is superseded hereby.

                                       13
<PAGE>   17

        Section 8.4 Notices. All notices and other communications hereunder
shall be sufficiently given for all purposes hereunder if in writing and
delivered personally, sent by documented overnight delivery service or, to the
extent receipt is confirmed, telecopy, telefax or other electronic transmission
service to the appropriate address or number as set forth below. Notices to the
Company shall be addressed to:

           FutureLink Corp.
           6 Morgan, Suite 100
           Irvine, California  92618
           Attention:  Raghu Kilambi

           with a copy to:

           Paul, Hastings, Janofsky & Walker LLP
           345 California Street
           29th Floor
           San Francisco, California  94104-2635
           Attention:  Thomas Pollock, Esq.
           Telecopy:  415-217-5333

or at such other address and to the attention of such other person as the
Company may designate by written notice to Buyer. Notices to Buyer shall be
addressed to:

           CPQ Holdings, Inc.
           40 Old Bolton Road, MSOGO1-2/T8
           Stow, MA  01775
           Attn:  David Myers
           Telecopy:  978-496-8104

           With a copy to:

           CPQ Holdings, Inc.
           20555 S.H. 249
           Houston, TX 77070
           Attn:  General Counsel
           Telecopy:  281-518-1388

        Section 8.5 Successors and Assigns. This Agreement shall be binding upon
and inure to the benefit of the parties hereto and their respective successors
and assigns, provided that the rights of Buyer under the other provisions hereof
shall not be binding upon or inure to the benefit of any transferee in a public
offering or in a Rule 144 sale.

        Section 8.6 Headings. The Section, Article and other headings contained
in this Agreement are inserted for convenience of reference only and will not
affect the meaning or interpretation of this Agreement. All references to
Sections or

                                       14
<PAGE>   18

Articles contained herein mean Sections or Articles of this Agreement unless
otherwise stated.

        Section 8.7 Amendments and Waivers. This Agreement may not be modified
or amended except by an instrument or instruments in writing signed by the party
against whom enforcement of any such modification or amendment is sought. Either
party hereto may, only by an instrument in writing, waive compliance by the
other party hereto with any term or provision hereof on the part of such other
party hereto to be performed or complied with. The waiver by any party hereto of
a breach of any term or provision hereof shall not be construed as a waiver of
any subsequent breach.

        Section 8.8 Interpretation; Absence of Presumption.

        (a) For the purposes hereof, (i) words in the singular shall be held to
include the plural and vice versa and words of one gender shall be held to
include the other gender as the context requires, (ii) the terms "hereof",
"herein", and "herewith" and words of similar import shall, unless otherwise
stated, be construed to refer to this Agreement as a whole (including all of the
Schedules and Exhibits hereto) and not to any particular provision of this
Agreement, and Article, Section, paragraph, Exhibit and Schedule references are
to the Articles, Sections, paragraphs, Exhibits and Schedules to this Agreement
unless otherwise specified, (iii) the word "including" and words of similar
import when used in this Agreement shall mean "including, without limitation,"
unless the context otherwise requires or unless otherwise specified, (iv) the
word "or" shall not be exclusive, and (v) provisions shall apply, when
appropriate, to successive events and transactions.

        (b) This Agreement shall be construed without regard to any presumption
or rule requiring construction or interpretation against the party drafting or
causing any instrument to be drafted.

        Section 8.9 Severability. Any provision hereof which is invalid or
unenforceable shall be ineffective to the extent of such invalidity or
unenforceability, without affecting in any way the remaining provisions hereof.

        Section 8.10 Further Assurances. The Company and Buyer agree that, from
time to time, whether before, at or after any Closing Date, each of them will
execute and deliver such further instruments of conveyance and transfer and take
such other action as may be necessary to carry out the purposes and intents
hereof.

        Section 8.11 Specific Performance. Buyer and the Company acknowledge
that, in view of the uniqueness of the parties hereto, the parties hereto would
not have an adequate remedy at law for money damages in the event that this
Agreement were not performed in accordance with its terms, and therefore agree
that the parties hereto shall be entitled to specific enforcement of the terms
hereof in addition to any other remedy to which the parties hereto may be
entitled at law or in equity.

        Section 8.12 Interpretation of Schedules. Any matter set forth on any
Schedule shall be deemed to be referred to on all other Schedules to which such
matter

                                       15
<PAGE>   19

logically relates and where such reference would be appropriate and can
reasonably be inferred from the matters disclosed on the first Schedule as if
set forth on such other Schedules.

                                       16
<PAGE>   20

        IN WITNESS WHEREOF, this Agreement has been signed by or on behalf of
each of the parties hereto as of the day first above written.

                                           FUTURELINK CORP.

                                           By: /s/ RAGHUNATH KILAMBI
                                              ---------------------------------
                                              Name: Raghunath Kilambi
                                              Title: Executive Vice President
                                                     and Chief Financial Officer

                                           CPQ HOLDINGS, INC.

                                           By: /s/
                                              ----------------------------------
                                              Name:
                                              Title:<PAGE>   1

                                                                   EXHIBIT 10.12

         ADDENDUM NO. 1 dated October 8, 1999 to the Employment Agreement dated
         effective June 1, 1999,

BETWEEN:

         FUTURELINK DISTRIBUTION CORP., a corporation incorporated pursuant to
         the laws of the State of Colorado, with its head office in Irvine,
         California (hereinafter referred to as "the Company")

                                                               OF THE FIRST PART
                                     - and -

         PHILIP R. LADOUCEUR, an individual resident in Calgary, Alberta
         (hereinafter referred to as "the Officer")

                                                              OF THE SECOND PART

         WHEREAS the Officer has served as Executive Chairman of the Company
since June 1, 1999 in accordance with an Employment Agreement between the
parties made effective that date (the "Employment Agreement");

         AND WHEREAS on August 30, 1999, the Officer was named interim Chief
Executive Officer ("CEO") and President of the Company by the Company's Board of
Directors;

         AND WHEREAS the Officer has since resigned as President but continues
to serve as CEO:

         AND WHEREAS the Company wishes to modify the terms of the Employment
Agreement by way of this Amending Agreement to reflect the Officer's status as
Executive Chairman and CEO such that the specific terms of this Amending
Agreement shall modify or supersede the Employment Agreement;

         THEREFORE, for and in consideration of the sum of $10.00 now paid by
each party to the other party (the receipt and sufficiency of which is hereby
acknowledged by each of the parties hereto) and the mutual covenants and
agreements hereinafter contained, the parties hereto covenant and agree, each
with the other, that the Employment Agreement is amended as follows:

1. EXECUTIVE CHAIRMAN AND CEO

         Section 2 of the Employment Agreement is deleted in its entirety and
the following is substituted therefor:

<PAGE>   2

                                       2

         2. EXECUTIVE CHAIRMAN & CEO

                  The Company agrees to employ the Officer during the term of
         the Agreement as Executive Chairman and CEO of the Company, with power
         and authority to manage, supervise and direct all aspects of the
         Company's business and affairs, with an emphasis on public and private
         financings, mergers and acquisitions, regulatory compliance and general
         corporate strategy, and to undertake such other duties as may from time
         to time be assigned to or vested in the Officer by the Board of
         Directors of the Company, subject always to the control and direction
         of the Board of Directors of the Company.

                  The Officer agrees, during the term of this Agreement, to
         devote his full business time, attention and abilities to the business
         and affairs of the Company and to serve the Company faithfully and use
         the Officer's best efforts to promote the interests of the Company. The
         Officer shall be free to assume non-executive and non-management roles
         with other organizations, including without limitation serving on the
         Boards of Directors of companies and non-profit (community) activities
         that are not affiliated with the Company, but shall provide the Company
         with notice of such other commitments.

2. REMUNERATION

         Section 3 of the Employment Agreement is deleted in its entirety and
the following is substituted therefor:

         3. REMUNERATION

         (a)      Effective October 1, 1999, the Company agrees to pay the
                  Officer a base salary of $200,000.00 (U.S.) per annum. The
                  Company agrees to review the Officer's base salary annually
                  (such review to be completed by May 1st of each year of this
                  Agreement) and agrees that following each such review, the
                  then current base salary may be increased to reflect the
                  Officer's performance, the Company's performance and other
                  relevant factors;

         (b)      In addition to the foregoing, the Company shall pay to the
                  Officer an Annual Performance Bonus in an amount up to
                  $400,000.00 (U.S.) per annum. The Annual Performance Bonus
                  shall be comprised of a maximum of two Bonus Interval
                  Performance Payments and shall be based on the Officer's
                  performance, the Company's performance and other relevant
                  factors, including the following:

                  (A)      the Annual Performance Bonus shall be based on two
                           separate six month intervals (the "Bonus Intervals"),
                           being July 1 to December 31 and January 1 to June 30,
                           hereafter;

<PAGE>   3
                                       3

                  (B)      in the event that the Company achieves its
                           capitalization and revenue objectives as set forth in
                           the Company's Business Plan for the applicable
                           period, as approved by the Board of Directors before
                           or during the Bonus Interval in question, the Company
                           shall pay to the Officer a Bonus Interval Performance
                           Payment of $100,000.00 (US) within sixty (60) days of
                           the end of the Bonus Interval; and

                  (C)      in the event that the Company exceeds the
                           capitalization and revenue objects set forth in the
                           Company's Business Plan for the Bonus Interval in
                           question by more than 20%, the Company shall pay to
                           the Officer a further Bonus Interval Performance
                           Payment of an additional $100,000.00 (US), also to be
                           paid within sixty (60) days of the end of the Bonus
                           Interval.

3. NOTICE

         Any notice or other instrument which may be required or permitted to be
delivered or served on the other party to the Employment Agreement, as amended,
shall be sufficiently given to or served on such party if in writing and
delivered by hand in a sealed envelope addressed to such party and left, during
normal business hours, at the following addresses:

         (a)      if to the Officer:

                  PHILIP R. LADOUCEUR
                  119 Valley Ridge Green N.W.
                  Calgary, AB  T3B 5L5

         (b)      if to the Company:

                  FUTURELINK DISTRIBUTION CORP.
                  Suite 100, 6 Morgan
                  Irvine, California  92618

                  Attention: President

                  with a copy to:

                  Paul Hastings Janofsky & Walker LLP
                  17th Floor, 695 Town Center Drive
                  Costa Mesa, California
                  Attention:  Stephen D. Cooke

<PAGE>   4

                                       4

         Either the Company or the Officer may, by notice delivered in
accordance with this section, change the address for notices set out above.

4. NO CHANGE OF CONTROL

         The Officer hereby acknowledges that neither the Company's proposed
acquisition of Executive LAN Management, Inc. d.b.a. Micro Visions or the
proposed private placement financing of approximately $50,000,000 to be placed
by Gerard Klauer Mattison for the Company constitute a "Change of Control" under
the terms of the Employment Agreement.

         The parties hereto have duly executed this Amending Agreement to the
Employment Agreement as of the 8th day of October 1999.

                                     FUTURELINK DISTRIBUTION CORP.

                                     Per: /s/ Glen C. Holmes
                                          -------------------------------------
                                          Glen C. Holmes
                                          President and Chief Operating Officer

                                     Per: /s/ R. Kilambi
                                          -------------------------------------
                                          Raghu Kilambi
                                          Executive Vice-President and
                                          Chief Financial Officer

/s/ K.B. Scott                           /s/ Philip R. Ladouceur
-----------------------------             -------------------------------------
Witness as to the signature of            PHILIP R. LADOUCEUR
PHILIP R. LADOUCEUR

<PAGE>   5

         THIS AGREEMENT made effective the first day of June, 1999.

BETWEEN:

         FUTURELINK DISTRIBUTION CORP., a corporation incorporated pursuant to
         the laws of the State of Colorado, with a head office in Calgary,
         Alberta (hereinafter referred to as "the Company")

                                                               OF THE FIRST PART

                                     - and -

         PHILIP R. LADOUCEUR, an individual resident in Calgary, Alberta
         (hereinafter referred to as "the Officer")

                                                              OF THE SECOND PART

         WHEREAS the Officer has been offered employment with the Company as
Executive Chairman pursuant to the provisions of verbal and written offers of
employment, the terms of which the Company and the Officer wish to supersede by
this Agreement;

         AND WHEREAS the Board of Directors of the Company recognizes that the
Officer will make valuable contributions to the productivity and profitability
of the Company and that the Officer has specific expertise relating to and an
extensive knowledge of the business of the Company and its affiliated or
associated companies and that it is in the best interests of the Company to
secure the future employment of the Officer with the Company pursuant to the
provisions of this Agreement;

         AND WHEREAS the Company and the Officer have agreed that the employment
of the Officer by the Company will be in accordance with the provisions of this
Agreement;

         THEREFORE, for and in consideration of the sum of $10.00 now paid by
each party to the other party (the receipt and sufficiency of which is hereby
acknowledged by each of the parties hereto) and the mutual covenants and
agreements hereinafter contained, the parties hereto covenant and agree, each
with the other, as follows:

1. DEFINITIONS

         In addition to the terms defined elsewhere in this Agreement, the
following terms shall have the following meanings:

<PAGE>   6

                                      -2-

         "CHANGE OF CONTROL" means:

         (i)      any change in the registered holdings and/or beneficial
                  ownership of the outstanding Common Shares of the Company
                  which results in:

                  (A)      a Person or group of Persons "acting jointly or in
                           concert" (as defined in the Securities Act, S.A.,
                           1981, c. S-6.1, as amended from time to time); or

                  (B)      an "affiliate" or "associate" (as defined in the
                           Business Corporations Act, S.A. 1981, c. B-15, as
                           amended from time to time) of such Person or group of
                           Persons

                  being in a position to exercise effective control of the
                  Company which, for the purposes of this clause, shall be
                  deemed to be any Person or group of Persons holding, owning or
                  controlling, directly or indirectly, more than 50% of the
                  outstanding Common Shares of the Company; or

         (ii)     Incumbent Directors no longer constituting a majority of the
                  Company's Board of Directors; or

         (iii)    the sale, lease or transfer of all or substantially all of the
                  Company's assets to any other Person or Persons; or

         (iv)     any determination by the majority of Incumbent Independent
                  Directors of the Company that a Change of Control has occurred
                  or is about to occur and any such determination shall be
                  binding and conclusive for all purposes of this Agreement;

         "COMMON SHARES" means the shares of the Company's common stock which
         are entitled to one vote per share at any meeting of the shareholders
         of the Company;

         "COMPENSATION" means the salary and all benefits which the Officer is
         receiving or entitled to at the time of Change of Control, including
         but not limited to bonuses, stock options, pension benefits, medical
         plan benefits, vacation pay and any insurance premiums paid by the
         Company for the Officer;

         "INCUMBENT DIRECTORS" shall mean, at any time, those persons who were
         directors of the Company as of the date hereof and continue to be at
         such time and any other person who is a director at such time whose
         election, or nomination for election , as a director by the Company's
         shareholders, was approved by a majority of the Incumbent Directors at
         the time of such election. The approval referred to in this definition
         may be by either a specific vote or by approval of the proxy statement
         of the Company in which such person is a nominee for director, without
         objection to such nomination;

<PAGE>   7
                                       -3-

         "INCUMBENT INDEPENDENT DIRECTORS" shall mean, at any time, the
         Incumbent Directors at such time who are not employees and officers of
         the Company;

         "PERSON" includes an individual, a partnership, a corporation and any
         other entity or association;

         "TERMINATION DATE" means:

         (i)      the effective date that the Officer's employment with the
                  Company is terminated by the Company without just cause; or

         (ii)     the date that the Officer provides to the Company written
                  notice of election to treat the Officer's employment as
                  terminated as contemplated by subsections 9(a)(ii) and
                  9(a)(iii) of this Agreement; and

         "THIS AGREEMENT" and terms such as "HEREOF", "HEREIN" and similar
         expressions mean this Agreement, as amended, supplemented or modified
         in writing from time to time.

2. EXECUTIVE CHAIRMAN

         The Company agrees to employ the Officer during the term of the
Agreement as Executive Chairman of the Company, with power and authority to
manage, supervise and direct the non-operational and public company aspects of
the Company's business and affairs, with an emphasis on public and private
financings, mergers and acquisitions, regulatory compliance and general
corporate strategy, and to undertake such other duties as may from time to time
be assigned to or vested in the Officer by the Board of Directors of the
Company, subject always to the control and direction of the Board of Directors
of the Company.

         The Officer agrees, during the term of this Agreement, to devote the
majority of the Officer's working time, attention and abilities to the business
and affairs of the Company and to serve the Company faithfully and use the
Officer's best efforts to promote the interests of the Company. The Officer
shall be free to assume non-executive and non-management roles with other
organizations, but shall provide the Company with notice of such other
commitments.

3. REMUNERATION

         (a)      The Company agrees to pay the Officer a base salary of
                  $180,000.00 (U.S.) per annum. The Company agrees to review the
                  Officer's base salary annually (such review to be completed by
                  May 1st of each year of this Agreement) and agrees that
                  following each such review, the then current base salary may
                  be increased to reflect the Officer's performance, the
                  Company's performance and other relevant factors;

         (b)      In addition to the foregoing, the Company shall pay to the
                  Officer an Annual Performance Bonus in an amount up to
                  $360,000.00 (U.S.) per annum. The Annual

<PAGE>   8

                                      -4-

                  Performance Bonus shall be comprised of a maximum of two Bonus
                  Interval Performance Payments and shall be based on the
                  Officer's performance, the Company's performance and other
                  relevant factors, including the following:

                  (i)      the Annual Performance Bonus shall be based on two
                           separate six month intervals (the "Bonus Intervals"),
                           being July 1 to December 31 and January 1 to June 30,
                           hereafter;

                  (ii)     in the event that the Company achieves its
                           capitalization and revenue objectives as set forth in
                           the Company's Business Plan for the applicable
                           period, as approved by the Board of Directors before
                           or during the Bonus Interval in question, the Company
                           shall pay to the Officer a Bonus Interval Performance
                           Payment of $90,000.00 (US) within sixty (60) days of
                           the end of the Bonus Interval; and

                  (iii)    in the event that the Company exceeds the
                           capitalization and revenue objects set forth in the
                           Company's Business Plan for the Bonus Interval in
                           question by more than 20%, the Company shall pay to
                           the Officer a further Bonus Interval Performance
                           Payment of an additional $90,000.00 (US), also to be
                           paid within sixty (60) days of the end of the Bonus
                           Interval.

4. BENEFITS

         The Officer shall be entitled to participate in the Company's employee
benefits plan as may be in effect at any given time, subject to satisfying any
insurability requirements established by the carrier or carriers that provide
the benefits.

5. EXPENSES

         (a)      The Company agrees that during the term of this Agreement the
                  Officer shall be reimbursed by the Company for all travelling
                  and other expenses actually and properly incurred by the
                  Officer in connection with the Officer's duties hereunder. The
                  Officer shall furnish to the Company statements and vouchers
                  for all such expenses in accordance with the Company's
                  reimbursement policy as established from time to time;

         (b)      The Company agrees that during the term of this Agreement the
                  Company shall pay to or on behalf of the Officer parking fees
                  for a location designated by the Company.

6. VACATION

         During each year of the term of this Agreement the Officer shall be
entitled to five (5) weeks vacation provided that the timing of such vacation in
any year is subject to the reasonable direction of the Board of Directors of the
Company.

<PAGE>   9
                                      -5-

7. STOCK OPTIONS

         Subject to approval by relevant regulatory bodies and pursuant to
applicable securities legislation, the Company may during the term of this
Agreement grant options to purchase the shares of the Company as the
Compensation Committee of the Board of Directors may determine.

8. CONFIDENTIALITY, NON-COMPETITION AND NON-SOLICITATION

         The Officer agrees as a condition of the Officer's employment hereunder
to execute the Confidentiality and Non-Competition Agreement which is attached
hereto as Schedule "A".

9. CHANGE OF CONTROL

         In the event:

         (a)      a Change of Control occurs and in the further event that:

                  (i)      the Officer's employment with the Company is
                           subsequently or contemporaneously terminated by the
                           Company without just cause within six (6) months of
                           the date of a Change of Control; or

                  (ii)     the Officer does not continue to be employed by the
                           Company at a level of responsibility or a level of
                           Compensation at least commensurate with the Officer's
                           existing level of responsibility and Compensation
                           immediately prior to the Change of Control and the
                           Officer elects in a written notice to the Company
                           within six (6) months of the date of a Change of
                           Control to treat the Officer's employment as being
                           terminated as a result of either such reduction with
                           the said termination being effective as at the date
                           of the said written notice; or

                  (iii)    the Officer elects in a written notice to the Company
                           within three (3) months of the date of a Change of
                           Control to terminate the Officer's employment
                           effective as at the date of the said written notice;

then the Company agrees to:

         (b)      pay to the Officer within one month following the Termination
                  Date, or at such other time as is mutually agreed upon between
                  the Company and the Officer, a settlement payment equal to the
                  total of:

                  (i)      an amount equal to the product of the monthly salary
                           to which the Officer was entitled at the Termination
                           Date multiplied by twelve (12); plus

                  (ii)     an amount equal to the product of the Company's
                           monthly premium contributions paid on behalf of the
                           Officer immediately prior to the

<PAGE>   10
                                      -6-

                           Termination Date relating to the Company's employee
                           benefits plan multiplied by twelve (12); plus

                  (iii)    an amount equal to the most recent Annual Performance
                           Bonus paid by the Company to the Officer prior to the
                           Termination Date conditional upon the said payment of
                           the most recent bonus having been made within the
                           period of twelve (12) months immediately prior to the
                           Termination Date;

         (c)      accelerate the vesting dates pursuant to any stock option
                  agreements between the Officer and the Company (the "Option
                  Agreement") to allow the Officer to exercise the option to
                  purchase shares granted thereby, with regard to that number of
                  shares in respect of which such option has not previously been
                  exercised, for a period of three (3) months commencing on the
                  Termination Date or the expiry time of such Option Agreement,
                  whichever occurs first. Any Option Agreement and any and all
                  rights the Officer has or may have pursuant to any Option
                  Agreement shall terminate and otherwise be extinguished on the
                  date three (3) months following the Termination Date. In the
                  event that any of the terms of such option are not
                  ascertainable or in the event that applicable securities
                  legislation precludes the acceleration of the vesting dates in
                  the manner described herein, the Company agrees to compensate
                  the Officer by way of a cash payment with that amount of money
                  which the Officer would have been entitled to if he had
                  exercised any such option on the Termination Date at the price
                  pursuant to the Option Agreement and sold the securities on
                  the NASDAQ Stock Exchange or, if the said shares are not
                  listed thereon or are listed on another Canadian of U.S. stock
                  exchange, on such stock exchange which the said shares are
                  listed as may be selected for such purpose by the Company's
                  Board of Directors, or if the said shares are not listed on
                  any stock exchange, then on the over-the-counter market. The
                  said trading price shall be based upon the weighted average
                  trading price of the Company's shares sold on the said
                  exchange or market, as the case may be, during the last five
                  days preceding the Termination Date on which the subject
                  securities were traded. In the event the foregoing cannot be
                  determined, then the current market price of the said shares
                  shall be established by a qualified independent valuer
                  approved by the independent members of the Board of Directors
                  of the Company. In the further event that such weighted
                  average trading price or current market price does not exceed
                  the exercise price, no compensation is payable by either party
                  with respect to the Option Agreement; and

         (d)      provide, at the Company's expense, relocation and financial
                  counselling to the Officer at a cost not to exceed $10,000.00
                  with the Officer having the right, in the Officer's sole and
                  absolute discretion, to receive payment of $10,000.00 in lieu
                  of the said relocation and financial counselling services.

<PAGE>   11
                                      -7-

10. TERM AND TERMINATION OF AGREEMENT

         (a)      Subject to the provisions of section 9 of this Agreement
                  pertaining to a Change of Control situation or the provisions
                  of section 14 pertaining to a termination for just cause, this
                  Agreement shall continue and remain in full force until
                  terminated by either the Company or the Officer in accordance
                  with the provisions outlined below;

         (b)      The Officer shall have the right to terminate this Agreement
                  and the Officer's employment hereunder by providing the
                  Company with written notice to that effect which notice shall
                  provide for a Termination Date which is effective one month
                  after the giving of the notice. The Officer shall receive the
                  Remuneration, Benefits and Expenses contemplated by this
                  Agreement up to and including the effective Termination Date
                  and the Officer shall not be entitled to any other
                  remuneration, reimbursement or payment whatsoever;

         (c)      The Company shall have the right to terminate this Agreement
                  and the Officer's employment hereunder at any time without
                  just cause by providing the Officer with written notice to
                  that effect which notice shall provide for a Termination Date
                  which is effective as of the date of the said notice and the
                  Company shall, at the same time, do the following:

                  (i)      pay to the Officer within one month following the
                           Termination Date, or at such other time as is
                           mutually agreed upon between the Company and the
                           Officer, a settlement payment equal to the total of:

                           (1)      an amount equal to the product of the
                                    monthly base salary to which the Officer was
                                    entitled at the Termination Date multiplied
                                    by twelve (12); plus

                           (2)      an amount equal to the product of the
                                    Company's monthly premium contributions paid
                                    on behalf of the Officer immediately prior
                                    to the Termination Date relating to the
                                    Company's employee benefits plan multiplied
                                    by twelve (12);

                           (3)      an amount equal to the most recent Annual
                                    Performance Bonus paid by the Company to the
                                    Officer prior to the Termination Date
                                    conditional upon the said payment of the
                                    most recent bonus having been made within
                                    the period of twelve (12) months immediately
                                    prior to the Termination Date;

                  (ii)     provide, at the Company's expense, relocation and
                           financial counselling to the Officer at a cost not to
                           exceed $10,000.00 with the Officer having the right,
                           in the Officer's sole and absolute discretion, to
                           receive payment of $10,000.00 in lieu of the said
                           relocation and financial counselling services;

         (d)      The employment of the Officer by the Company shall be deemed
                  to be terminated by the Company pursuant to subsection 10(c)
                  if the Company unilaterally changes the

<PAGE>   12
                                      -8-

                  terms of the employment relationship such that the Officer
                  does not continue to be employed by the Company at a level of
                  responsibility or a level of Compensation at least
                  commensurate with the Officer's existing level of
                  responsibility and Compensation immediately prior to the said
                  change and the Officer elects in a written notice to the
                  Company to treat the Officer's employment as being terminated
                  as a result of either such reduction with the said termination
                  being effective as at the date of the said written notice.

11. RELEASE

         In consideration of the payment to the Officer of the aforesaid amounts
and the additional provisions of this Agreement, the Officer agrees to tender
the Officer's immediate resignation in a form satisfactory to the Company acting
reasonably and forever release and discharge the Company from any and all
obligations to pay any further amounts or benefits to the Officer with respect
to the Officer's employment or the termination thereof.

12. DUTY TO MITIGATE

         The Officer shall be under no duty to mitigate the Officer's losses
with respect to the termination of the Officer's employment with the Company.

13. SUBSEQUENT EMPLOYMENT

         The Officer shall not be bound in any manner whatsoever to rebate to
the Company nor to forgive any claim against the Company with respect to any
amounts or benefits payable hereunder in the event of the Officer's subsequent
reemployment in any manner whatsoever.

14. TERMINATION FOR CAUSE

         Notwithstanding the other provisions of this Agreement, the Company
shall be entitled to terminate this Agreement and the Officer's employment
hereunder forthwith for just cause without any further notice or payment in lieu
of notice. In the event of such termination for just cause, the other provisions
of this Agreement shall not apply.

15. PRIOR AGREEMENTS/ENTIRE AGREEMENT

         It is acknowledged and agreed by the Company and the Officer that this
Agreement, including the attached Schedule, constitutes the entire agreement
between the parties and that any and all prior agreements, written or verbal,
express or implied, between the parties relating to or in any way connected with
the employment of the Officer by the Company are hereby rendered null and void
and are superseded by the terms of this Agreement.

<PAGE>   13
                                      -9-

16. APPLICABLE LAWS

         This Agreement shall be construed in accordance with the laws in effect
in the Province of Alberta and the parties hereto hereby attorn to the Courts of
the Province of Alberta and, if applicable, the Courts of Canada.

17. FURTHER ASSURANCES

         Each of the parties shall from time to time and at all times do all
such further acts and execute and deliver all such further deeds and documents
as shall be reasonably required in order to fully perform the terms of this
Agreement.

18. ENUREMENT

         This Agreement shall enure to the benefit of and be binding upon the
parties and their respective heirs, executors, administrators, successors and
assigns.

19. NOTICE

         Any notice or other instrument which may be required or permitted to be
delivered or served on the other party hereto shall be sufficiently given to or
served on such party if in writing and delivered by hand in a sealed envelope
addressed to such party and left, during normal business hours, at the following
addresses:

         (a)      if to the Officer:

                  PHILIP R. LADOUCEUR
                  119 Valley Ridge Green N.W.
                  Calgary, AB
                  T3B 5L5

         (b)      if to the Company:

                  FUTURELINK DISTRIBUTION CORP.
                  300, 250 - 6th Avenue S.W.
                  Calgary, AB
                  T2P 3H7

                  Attention: Corporate Secretary

                  with a copy to:
<PAGE>   14
                                      -10-

                  Code Hunter Wittmann
                  1200, 700 - 2nd Street S.W.
                  Calgary, Alberta
                  T2P 4V5

                  Attention:  Eric R. Holden

         Either the Company or the Officer may, by notice delivered in
accordance with this section, change the address for notices set out above.

         The parties hereto have duly executed this Agreement as of the date
first above written.

                                      FUTURELINK DISTRIBUTION CORP.

                                      Per:  /s/ C. Chell
                                          -------------------------------------
                                          Cameron B. Chell
                                          President and Chief Executive Officer

/s/ Ora Zabloski                          /s/ Philip R. Ladouceur
--------------------------------          -------------------------------------
Witness as to the signature of            PHILIP R. LADOUCEUR
PHILIP R. LADOUCEUR

<PAGE>   15

                                                                    SCHEDULE "A"

                  CONFIDENTIALITY AND NON-COMPETITION AGREEMENT

         THIS AGREEMENT made effective this first day of June, 1999.

BETWEEN:

         FUTURELINK DISTRIBUTION CORP., a body corporate, incorporated under the
         laws of the State of Colorado and with a head office in Calgary,
         Alberta (hereinafter referred to as the "Company")

                                     - and -

         PHILIP R. LADOUCEUR, an individual resident in Calgary, Alberta
         (hereinafter referred to as the "Officer")

         WHEREAS the Company, either directly or through its affiliated or
associated companies, carries on business consisting principally of computer
utility services that include Application Service Provision, computer
infrastructure management, computer network outsourcing and IT business
consulting;

         AND WHEREAS the Officer has been a director of the Company and the
Company has recently made an offer of employment to the Officer as Executive
Chairman, which offer has been accepted, necessitating a formal employment
agreement between the Officer and the Company, which includes this Agreement;

         AND WHEREAS the Company and the Officer both agree that it is
reasonable and necessary for the Officer to execute and deliver this Agreement
concurrent with the Officer's acceptance of the new position;

<PAGE>   16

                                     -2-

         NOW THEREFORE in consideration of the sum of ten ($10.00) dollars now
paid by each party to the other, the receipt and sufficiency of which is hereby
acknowledged, and for other good and valuable consideration, the Officer hereby
covenants and agrees with the Company as follows:

CONFIDENTIALITY

1. The Officer acknowledges that in the course of employment, the Officer will
receive, have access to and be entrusted with information which is strictly
confidential, not publicly known, has value from not being publicly known, and
is subject to efforts of the Company or its affiliated or associated companies
to maintain its confidentiality. This information shall include, but shall not
be limited to:

         (1)      existing and prospective business opportunities, including all
                  ventures considered by the Company, whether or not they are
                  pursued;

         (2)      information regarding the development, marketing, sale and
                  maintenance of computer utility services that include
                  Application Service Provision ("ASP"), computer infrastructure
                  management, IT business consulting, out-sourced computer
                  network management and all other related services;

         (3)      financial and marketing strategies relating to ASP, including
                  existing and prospective acquisitions, mergers, business
                  arrangements, sales arrangements, contracts and concepts;

         (4)      information regarding acquisition financing and partnerships,
                  including existing and prospective financing concepts and
                  co-ventures;

         (5)      customer information, including customer names, addresses,
                  contacts, and details of pricing, budgeting, marketing and
                  supply strategies and information;

<PAGE>   17

                                     -3-

         (6)      supplier information, including supplier names, addresses,
                  contacts and details of supply contracts;

         (7)      financial information, including the Company's business plans,
                  financial statements, and accounting records;

         (h)      matters of a business nature or of a technical nature,
                  including, but not limited to: corporate strategies; marketing
                  research, strategies and methods; product research and
                  development; business systems, policies and procedures;
                  strategic ideas; inventions (whether patentable or not); and
                  computer systems, software and databases;

         (i)      concepts, strategies, research methodologies and other related
                  ideas and processes which form the basis for the proposals
                  which the Company or its affiliated or associated companies
                  prepare for customers;

         (j)      information that the Company or its affiliated or associated
                  companies acquires during the course of completing projects
                  for its customers, including information regarding clients or
                  customers, their competitors and their marketplace;

         (k)      concepts and technical and other information regarding the
                  development and maintenance of the computer hardware and
                  software of the Company or its affiliated or associated
                  companies and their suppliers.

All such information and the documents or records containing information
furnished to or received by the Officer, together with any and all analyses,
compilations, studies or other documents prepared or obtained by the Officer
which contains or otherwise reflects such information, shall be hereinafter
referred to as the "Information".

<PAGE>   18

                                     -4-

2.       Information as hereinbefore defined does not include the following:

         (1)      knowledge or documents within the public domain at the time of
                  its use or disclosure;

         (2)      knowledge or documents already possessed by the Officer prior
                  to becoming a Director or commencing employment with the
                  Company;

         (3)      knowledge or documents independently received by the Officer
                  without obligation or confidence from a third party which do
                  not relate to the Officer's employment; or

         (4)      knowledge or documents required to be disclosed pursuant to an
                  order from a court of competent jurisdiction.

3.       The Officer acknowledges and agrees:

         (1)      that the Information embodies creative efforts and has been
                  obtained and developed at significant effort or cost to the
                  Company or its affiliated or associated companies;

         (2)      that the Information is commercially valuable;

         (3)      that the Information is the exclusive property of the Company
                  or its affiliated or associated companies;

         (4)      that the Company or its affiliated or associated companies
                  have the right to maintain the confidentiality of the
                  Information and such rights constitute proprietary rights
                  which the Company is entitled to protect; and

         (5)      that use or disclosure, either directly or indirectly, of the
                  Information by or to anyone, but particularly to the public or
                  competitors of the Company or its affiliated or

<PAGE>   19
                                      -5-

                  associated companies, could be highly detrimental to the
                  interests of the Company or its affiliated or associated
                  companies.

4. The Officer agrees, during the course of employment and after termination of
the employment relationship for any reason or by any means, to keep confidential
and refrain from using or disclosing, directly or indirectly, any of the
Information for any purpose other than carrying out the Officer's duties for the
Company. Without limiting the generality of the foregoing, the Officer shall
not:

         (1)      use the Information for the Officer's personal benefit or the
                  benefit of any third party;

         (2)      use the Information in any way detrimental to the Company or
                  its affiliated or associated companies;

         (3)      copy, disclose, divulge, publish, transcribe or transfer the
                  Information in any manner whatsoever in whole or in part
                  except as is required to perform the Officer's duties as an
                  Officer of the Company;

         (4)      disclose that the Information has been made available to the
                  Officer; or

         (5)      disclose that the Officer's engagement with the Company
                  enables the Officer to have access to the Information.

5. The Officer shall:

         (1)      take precautions to maintain the confidentiality of the
                  Information; and

         (2)      use the Officer's best efforts to prevent any person from
                  making unauthorized use of the Information.

<PAGE>   20

                                      -6-

6. The Officer agrees that all matters comprising the Information which are
made, devised, or worked on by the Officer during the course of the Officer's
employment with the Company are the sole and exclusive property of the Company
and that the Officer has no proprietary rights therein.

7. The Officer agrees that the Officer shall disclose and assign to the Company
as its exclusive property all proprietary rights, patent rights, copyrights,
trade secrets, confidential information and any other intellectual or industrial
proprietary rights relating to the business and operations of the Company or its
affiliated or associated companies, or relating to the Information, which: are
developed or conceived (whether alone or with others) during the Officer's
employment with the Company or are suggested by any work that the Officer may do
for the Company or its affiliated or associated companies, or are otherwise made
through the use of any of the Company's or its affiliated or associated
companies' time, facilities, materials, or services.

8. The Officer agrees that the Officer shall execute, during and after the
Officer's employment with the Company, any necessary papers, and provide other
proper assistance, at the Company's expense, to enable the Company or its
affiliated or associated companies to obtain any patents, copyrights or other
legal protection for any of the Company's or its affiliated or associated
companies' proprietary rights, intellectual property or Information. In the
event that any concept, invention, discovery or design developed by the Officer
for the Company is patented, developed, registered or published, the Company
shall acknowledge the Officer as the author or co-author, as the case may be.

9. The Officer agrees that the Information is the sole and exclusive property of
the Company and that immediately upon termination, or at any time upon demand of
the Company, the Officer shall return or supply to the Company any and all
Information in the Officer's possession, any analysis or derivative work
relating to the Information, and no copies of the Information, analysis or
derivative work shall be made or retained.

<PAGE>   21
                                      -7-

COVENANT AGAINST COMPETITION

10. The Officer acknowledges that by reason of employment with the Company, the
Officer will develop a close working relationship with the Company's or its
affiliated or associated companies' customers, suppliers, agents, and other
similar parties, gaining knowledge of the Company's or its affiliated or
associated companies' methods of operation, and acquire and be exposed to
Information, all of which would cause irreparable harm and injury to the Company
or its affiliated or associated companies if made available to a competitor or
if used for competitive purposes.

11. The Officer agrees that the Company has a material interest in protecting
the relationships it has developed with its customers, suppliers, agents, and
other similar parties against impairment by competitive activities of a former
officer and employee.

12. During the period of employment with the Company and for a period of twelve
(12) months after the termination of the Officer's employment with the Company,
whether with or without proper notice or just cause, the Officer shall not:

         (1)      either directly or indirectly, as principal, agent, owner,
                  partner, shareholder, director, officer, employee or
                  otherwise, own, operate, be engaged in, be concerned with the
                  operation of or directly or indirectly have any financial or
                  other interest in any business operation, whether a
                  proprietorship, partnership, joint venture or corporation or
                  otherwise, carrying on or engaged in a business which competes
                  with the business of the Company or its affiliated or
                  associated companies anywhere in Calgary, Alberta; Tampa,
                  Florida; Los Angeles, California; Irvine, California; Phoenix,
                  Arizona; Atlanta, Georgia; Raleigh-Durham, North Carolina; Las
                  Vegas, Nevada; Houston, Texas and Seattle, Washington and
                  within a fifty (50) kilometre radius of the municipal
                  boundaries of the said cities and anywhere within any other
                  city in the Province of Alberta and the states of Florida,
                  California, Nevada, Washington, Arizona, Georgia, Texas and
                  North Carolina and within a fifty (50) kilometre radius

<PAGE>   22
                                      -8-

                  of the said other city or cities where the Company actively
                  provides work or services for customers at the time of the
                  said termination of the Officer's employment;

         (2)      call upon, solicit or attempt to solicit, or be interested in
                  or connected, either directly or indirectly, with any business
                  operation that calls upon, solicits or attempts to solicit any
                  customer or prospective customer of the Company or its
                  affiliated or associated companies anywhere in Calgary,
                  Alberta; Tampa, Florida; Los Angeles, California; Irvine,
                  California; Phoenix, Arizona; Atlanta, Georgia;
                  Raleigh-Durham, North Carolina; Las Vegas, Nevada; Houston,
                  Texas and Seattle, Washington and within a fifty (50)
                  kilometre radius of the said cities and anywhere within any
                  other city in the Province of Alberta and the states of
                  Florida, California, Nevada, Washington, Arizona, Georgia,
                  Texas and North Carolina and within a fifty (50) kilometre
                  radius of the said other city or cities where the Company
                  actively provides work or services for customers at the time
                  of the said termination of the Officer's employment; or

         (3)      either directly or indirectly, contact any of the clients or
                  suppliers anywhere in Calgary, Alberta; Tampa, Florida; Los
                  Angeles, California; Irvine, California; Phoenix, Arizona;
                  Atlanta, Georgia; Raleigh-Durham, North Carolina; Las Vegas,
                  Nevada; Houston, Texas and Seattle, Washington and within a
                  fifty (50) kilometre radius of the municipal boundaries of the
                  said cities and anywhere within any other city in the Province
                  of Alberta and the states of Florida, California, Nevada,
                  Washington, Arizona, Georgia, Texas and North Carolina and
                  within a fifty (50) kilometre radius of the said other city or
                  cities where the Company actively provides work or services
                  for customers at the time of the said termination of the
                  Officer's employment which the Officer contacted, served or
                  developed on behalf of the Company or its affiliated or
                  associated companies during the Officer's employment with the
                  purpose or intent of competing with the Company or its
                  affiliated or associated companies.

<PAGE>   23
                                      -9-

         (4)      solicit, hire, or retain any other employee of the Company or
                  its affiliated or associated companies so as to cause or
                  otherwise encourage such employee to cease his or her
                  employment with the Company or its affiliated or associated
                  companies.

13. The Officer agrees and acknowledges that the foregoing time and geographic
limitations in paragraph 12 are reasonable and properly required for the
adequate protection of the business interests of the Company or its affiliated
or associated companies, and in the event that any limits with respect to
capacities, activities, time periods or geographic areas are found to be
unreasonable by a court of competent jurisdiction, then the Officer agrees to be
bound to such reduced limits with respect to capacities, activities, time
periods or geographic areas as the said court deems to be reasonable.

14. The Officer understands and agrees that the restrictions and covenants
contained in paragraph 12 constitute a material inducement to the Company to
enter into this Agreement and to employ the Officer, and that the Company would
not enter into this Agreement absent such inducement.

MISCELLANEOUS

15. The Officer understands, acknowledges, covenants and agrees that compliance
with the terms and conditions of this Agreement is necessary to protect the
Information and the economic position of the Company or its affiliated or
associated companies and that in the event of a breach or a threatened breach by
the Officer of any of the provisions of this Agreement, the Company, in addition
to and not in limitation of any other rights, remedies or damages available to
it at law or in equity, shall be entitled to an injunction in order to prevent
or to restrain any such breach or threatened breach by the Officer, or by any of
the Officer's agents, representatives, employees or advisors and any and all
persons directly or indirectly acting for or on behalf of the Officer.

<PAGE>   24
                                      -10-

16. The Company may exercise any remedies herein agreed to at such times and in
such order as it may choose and such remedies shall be cumulative and may be
exercised independently or jointly as decided by the Company.

17. In the event that the Company retains counsel in order to enforce its rights
under this Agreement and a court of competent jurisdiction determines the
Officer is in breach of this Agreement, the Company shall be entitled to
recover, in addition to any other relief available, its related expenses and
costs on a solicitor and client basis.

18. This Agreement shall be construed and enforced in accordance with the laws
of the Province of Alberta and each of the parties hereto hereby irrevocably
attorns to the jurisdiction of the courts of the Province of Alberta.

19. No waiver by or on behalf of the Company of any breach by the Officer of any
of the provisions of this Agreement shall take effect or be binding upon the
Company unless the same is expressed in writing, and signed by a duly authorized
representative of the Company and, in any event, any waiver so expressed shall
not limit or affect the Company's rights with respect to any other or future
breach by the Officer of any provision of this Agreement.

20. No delay, or failure, of the Company to exercise any right hereunder, and no
partial or single exercise thereof, shall be deemed to constitute a waiver of
such right, or any other rights hereunder. Any consent by the Company, or any
waiver of, or breach of any express or implied term of this Agreement, shall not
constitute a consent to, waiver of, or excuse of any subsequent or other breach
of any expressed or implied term of this Agreement.

21. All the clauses of this Agreement are distinct and severable and if any
clause shall be held illegal or void, it shall not affect the validity or
legality of the remaining clauses of this Agreement. If any clause or part
thereof shall be held illegal or void, the parties shall negotiate in good faith
a modification of such clause, so as to maintain, insofar as is practical and
lawful, the intent of such clause.

<PAGE>   25
                                      -11-

22. The covenants by the Officer in this Agreement shall survive notwithstanding
termination of employment for any reason whatsoever.

23. The recitals to this Agreement form part hereof and are to be construed and
interpreted as such.

24. The captions and headings used in this Agreement are for convenience only
and do not constitute substantive matter to be considered and construed in the
terms of this Agreement.

25. The within Agreement contains the entire agreement between the parties with
respect to the matters herein and any agreements, verbal representations or
warranties made by any of the parties prior to the date hereof with respect to
the matters herein are hereby rendered null and void.

26. Time shall be of the essence in this Agreement.

27. Any word used in this Agreement is deemed to include the masculine, feminine
or neuter form thereof as the context so requires.

28. This Agreement shall enure to the benefit of and be binding upon the parties
hereto and their respective heirs, executors, administrators, successors and
permitted assigns.

29. The Officer acknowledges and agrees that the Officer has carefully read and
considered the provisions of this Agreement and, having done so, agrees that the
restrictions set forth are fair and reasonable and are reasonably required for
the protection of the Company or its affiliated or associated companies.

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

<PAGE>   26
                                      -12-

                                      FUTURELINK DISTRIBUTION CORP.

                                      Per: /s/ C. Chell
                                          -------------------------------------
                                          Cameron B. Chell,
                                          President and Chief Executive Officer

SIGNED, SEALED AND DELIVERED
in the presence of:

/s/ Ora Zabloski                          /s/  Philip R. Ladouceur
--------------------------------          -------------------------------------
Witness                                   PHILIP R. LADOUCEUR

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}]]