Document:

EXHIBIT 10.20
                             DISTRIBUTION AGREEMENT

    This agreement is entered into this 26 January 2000 by and between
Rockford Corporation with headquarters at 546 South Rockford Drive, Tempe,
Arizona 85281, U.S.A. (hereinafter "Rockford"), and Ezcony Trading Corporation,
an importer, located in the Colon Free Trade Zone, Panama (hereinafter
"Distributor"). Both parties agree as follows:

1. Rockford hereby appoints the Distributor as its sole distributor for the
products manufactured by Rockford and its Rockford Fosgate product lines
(hereinafter "Products"), only within the following sales territory; Brazil,
Paraguay, Argentina, Chile, Peru, Bolivia, Uruguay, Colombia, Ecuador, Surinam,
Panama, Costa Rica, Nicaragua, Honduras, El Salvador, Guatemala, Belize, Guyana,
all of the Caribbean, including Dominican Republic, Jamaica, Haiti, St. Martin,
and Mexico (hereinafter "Territory"); and Rockford hereby agrees not to appoint,
or permit sales by, any other distributors or dealers of the Products in the
Territory. The distributor agrees not to sell the Products to any other
distributors, dealers or consumers for the purpose of selling the products
outside the Territory. Distributor may not sell the Products outside the
Territory or by using the Internet or other electronic media. This would be
considered transshipping and would be grounds for immediate termination.
Distributor will be permitted to advertise that they are the authorized
distributor of Rockford products on the Internet but may not take orders or
make sales directly via the Internet. Further, Distributor may advertise that
he is the authorized distributor for the above mentioned territory in American
Airlines' and COPA Airlines' in-flight magazines and must include the disclaimer
"subject to authorized distribution territory."

All advertisements must be pre-approved by Rockford. Distributor agrees that no
advertisements will contain pricing and or be directed toward the end user.
Distributor acknowledges that these restrictions are reasonable in light of
Distributor's warranty obligations within the Territory and lack of
authorization to provide warranty service outside the Territory.

2. Direct orders or inquires for the Products received by Rockford from third
parties within the Territory will be conveyed at the earliest possible moment to
the distributor, who will be left the discretion to decide if they desire a
shipment from Rockford to the third party, or whether they wish to transact such
business by selling from their stock. At no time will Rockford ship directly to
a third party without a written request from the Distributor. In either case of
such a sale, the responsibility for warranty repair of the Products remains the
Distributor's throughout the life of the Product sold by Distributor.

3. In consideration of this exclusive appointment by Rockford to sell the
Products in the Territory, the Distributor, during the continuance of this
Agreement, hereby agrees not to import, handle or sell goods which are identical
or similar to the Products, either directly or indirectly, if such other
products would or might compete or interfere with the sale of the Products by
the Distributor pursuant to the terms of this Agreement, except any such
identical or similar goods that are handled and brought to Rockford's attention
before this Agreement is signed. Rockford acknowledges that at the time of
signing of this agreement, Distributor currently imports, handles and/or sells
Aiwa, Pioneer and Sony mobile electronics products.

4. The distributor agrees to purchase the Products from Rockford in a volume of
USD Four Million Six Hundred Thousand (US$4,600,000.00) in the calendar year
2000 beginning at the execution date of this agreement. Future purchase goals
will be set on an annual basis. Unless

                             Exhibit 10.20 - Page 1

<PAGE>

negotiated, only those products purchased that do not exceed a net discount of
thirty percent (30%) (including rebates) will count towards purchase goals.

Due to the transition from previous distributors to Ezcony Trading Corp., not
all authorized sales territories listed in this agreement will be open to
distributor for soliciting of sales until April 1, 2000 or such date that the
prior distributor's final termination date. Therefore, a separate goal of
US$350,000 will be established for the first calendar quarter for the year 2000
(January, February & March).

5. The Distributor hereby agrees to serve Rockford during the continuance of
this Agreement diligently and faithfully and to use its best endeavors to extend
and promote the sale of the Products in the Territory, and to submit sales
reports on market conditions at regular intervals, at least semi-annually. The
warranty repair of the Products will be the responsibility of the Distributor
throughout the life of all Products sold by Distributor.

6. Rockford hereby agrees to provide the Distributor with an adequate supply of
publicity and technical literature on the Products; and the distributor agrees
to carry out his local advertising and sales promotion efforts at his own cost.

7. All the purchases by the Distributor from Rockford shall be conducted through
a formal written purchase order or written inquiry form with all the necessary
information furnished thereon. The currency used in purchasing shall be US
Dollars only; and the prices shall be the same as established by Rockford's then
effective export price lists. Terms of payment for all purchases shall be 75
days from invoice date. The distributor agrees to pay Rockford accordingly.

8. This Agreement shall be effective as of 26 January, 2000 and will continue
without termination through December 31, 2000 and shall be automatically renewed
upon expiration for additional one year periods, unless and until a new
Agreement is signed by both Parties or either Party gives 30 days written notice
of termination. Such termination shall create no liability for direct,
consequential, or other damages.

9. Rockford and the Distributor are acting as independent contracting parties in
entering into this Agreement, and neither shall act as the agent or
representative of the other nor have the power to bind the other in any way in
dealing with third parties.

10. All of Rockford and Hafler trade names, trademarks, logotypes and trade
dress or styles shall at all times be and remain the sole property of Rockford.
Rockford grants to Distributor a non- exclusive, nontransferable, terminable
license to use the marks associated with the Products, as listed on Exhibit A
(the "Licensed Marks") during the term of this Agreement and solely in
connection with its sale of the Products in the Territory. Rockford reserves all
rights not expressly granted to Distributor in this Agreement. This Agreement
does not grant to Distributor any rights in trademarks, service marks, logos or
other designs other than Licensed Marks. Upon termination of this Agreement by
either party, the Distributor shall immediately cease all use of the Licensed
Marks.

To assure that the production, appearance, and quality of each of the Licensed
Marks are consistent with Rockford's reputation for high quality, and with the
goodwill associated with its reputation and the Licensed Marks, and to insure
the preservation of the Licensed Marks and Rockford's rights in them,
Distributor will: (1) use the Licensed Marks only in connection with the
promotion and sale of the Products and only in the forms that Rockford approves
in writing, without any changes or modifications; (2) comply with all other
instructions issued by Rockford, in its sole discretion, to maintain the quality
of the Licensed Marks; (3) use appropriate legends, markings, and notices as

                             Exhibit 10.20 - Page 2

<PAGE>

Rockford directs to give notice to the consuming public of Rockford's right,
title, and interest in the Licensed Marks; (4) not use markings, legends, or
notices on or in association with the Licensed Marks unless Rockford approves in
writing; and (5) not register any of Rockford and Hafler trade names as Internet
domains.

Distributor acknowledges that any violation of this section will result in
irreparable harm to Rockford and will give Rockford the right immediately to
terminate this Agreement and the license to use the Licensed Marks.

Distributor acknowledges that Rockford is the owner of the Licensed Marks, of
all other Rockford and Hafler trade names, trademarks, logotypes and trade dress
or styles, and of the goodwill associated with all such marks. Distributor's use
of the Licensed Marks will inure to the benefit of Rockford. Distributor will
not, at any time, acquire any rights in the Licensed Marks by virtue of its use
of the Licensed Marks.

Distributor will not use all or part of any Rockford trade name or trade mark,
or any Licensed Mark, as part of its corporate name. Distributor also will not
register or otherwise use any Internet domain name that uses all or part of any
Rockford tradename or trade mark, or any Licensed Mark, or that might lead
Internet users to believe that a site is associated with Rockford.

Nothing in this Agreement transfers to Distributor any right, title, or interest
in and to the Licensed Marks, or any other Rockford and Hafler trade names,
trademarks, logotypes and trade dress or styles, other than as specifically
granted in this Agreement. Distributor acknowledges that this license terminates
upon termination of this Agreement.

11. Should any dispute arise between Rockford and the distributor as to the
interpretation or application of this Agreement, it shall be subject to the laws
then in force in the State of Arizona, United States of America, where the
Agreement originated. Disputes will be resolved by arbitration in Maricopa
County, Arizona, U.S.A., under the then current Rules for Commercial Arbitration
of the American Arbitration Association. The decisions of the arbitrators are
final and may be enforced in any court with jurisdiction over the parties.

12. Rockford Corporation shall export all Products (commodities, technology or
software) in accordance with Export Administration Regulations of the Bureau of
Export Administration, United States Department of Commerce. Distributor shall
not participate in any re-export or release of Products contrary to U.S. law.
This shall not affect compliance with Distributor's local laws and regulations.

IN WITNESS WHEREOF, Rockford and the distributor have by persons duly
authorized, executed this Agreement at Tempe, Arizona on the aforesaid 26
January, 2000.

Signed by:  /s/ Enrique Lacs
            ----------------
Print Name: Enrique Lacs
Title:      V.P. Operations

                             Exhibit 10.20 - Page 3

<PAGE>

                       ADDENDUM TO DISTRIBUTION AGREEMENT

This shall serve as an addendum to the Distribution Agreement between Rockford
Corporation and Ezcony Trading Corporation. The parties hereby agree to the
following additional terms and conditions and these shall form an integral part
of the Distribution Agreement.

TERRITORY:  The Territory specifically excludes Puerto Rico and Venezuela.

TERMS OF DELIVERY: Delivery terms shall be Ex Works Grand Rapids, Michigan or
Gilbert, Arizona USA (as defined in the latest version of I.C.C. Incoterms).
Rockford shall pay inland freight to either Laredo, Texas or Miami, Florida.

PRICING: Rockford shall provide Ezcony with an 18% export discount from its then
effective export price list except on source units and CD Changers which will
receive a 14% export discount.

REBATE: An additional 7% Volume Rebate will be paid by Rockford to Ezcony in
the form of a credit memo upon Ezcony achieving the following purchase goals
from Rockford:

          January- March 31, 2000       USD 350,000.00
          April 1 - June 30, 2000       USD 750,000.00
          July 1- Sept. 30, 2000        USD 1,500,000.00
          October- Dec. 31, 2000        USD 2,000,000.00
          January- March 31, 2000       USD TBD

For Distributor:
By:    /s/ Enrique Lacs
       ----------------
Title: V.P. Operations

                             Exhibit 10.20 - Page 4EXHIBIT 10.21
November 17, 1999
Private & Confidential
----------------------
Mr. Ezra Cohen
President and C.E.O.
Ezcony Interamerica Inc.
Units Four and Five
7620 NW 25th Street
Miami, Florida 33122

Ladies/Gentlemen:

      We are writing this letter to confirm our agreement ("Agreement") that
JWGenesis Capital Markets, Inc. ("JWGenesis") is exclusively authorized to
represent Ezcony Interamerica Inc. and its affiliates and related entities
(collectively, the "Company") and the undersigned majority shareholders and to
assist the Company as its exclusive financial advisor in connection with the
possible acquisition of Intcomex Computer Distributor, BrightStar Corp., CHS
America, CellPoint Corporation and their affiliates and related entities (the
"Targets") or any of the Targets' assets, business or equity, debt or other
securities. This authorization covers such an acquisition by means of any
merger, consolidation, recapitalization, joint venture, business combination,
exchange offer or purchase or sale of securities or assets. Also covered by this
authorization is any other transaction involving the Company or its shareholders
resulting in a change of control of the Targets or its assets, securities or
business. For the purposes of this Agreement, any of the foregoing shall
constitute a "Transaction."

      This Agreement shall become effective upon the execution hereof by the
Company and JWGenesis, and the term of this Agreement and the exclusive
appointment provided for herein (the "Term") shall end on the first anniversary
of the date of such execution by the Company.  The Company agrees to use
reasonable efforts to effect a Transaction acceptable to it during the term.

I.    PERFORMANCE OF SERVICES
      -----------------------

      Under this Agreement, JWGenesis will work with the Company and use
reasonable efforts to attempt to consummate a satisfactory Transaction, subject
to a final review by JWGenesis and the Company which concludes that the
Transaction being considered is financially feasible, including the following
services as appropriate and as reasonably requested by the Company:

1.   Provide corporate finance professionals as reasonably required to assist in
     this engagement.

2.   Advise and assist the Company in determining the number of shares and other
     consideration to offer to the Targets.

3.   Discuss and evaluate with the Company Transaction strategies and advise
     and make applicable presentations on how to structure and implement a
     Transaction designed to further the Company's stated objectives.

4.   In consultation with the Company and legal, accounting and/or tax
     advisors, advise the Company on appropriate negotiating strategies and, to
     the extent deemed appropriate, assist and/or direct negotiations leading
     to a conclusion of the proposed Transaction.

5.   Review the capital structure of the Company and, if an applicable
     financing engagement agreement is desired and executed by both the Company
     and JWGenesis, assist in financing a Transaction.

                             Exhibit 10.21 - Page 1

<PAGE>

II.   COMPENSATION OF SERVICES

A.   In partial payment for its services hereunder, JWGenesis shall receive from
the Company a nonrefundable $20,000 performance fee, payable in cash upon the
execution hereof. In addition, the Company shall issue to JWGenesis upon the
execution hereof warrants to purchase 200,000 shares of common stock of the
Company, one-half at 50.10 per share and one-half at $0.40 per share. The
warrants shall expire five years from the date of issuance, or one year from the
date of issuance if no Transaction has been consummated, and the terms and
conditions governing such issue of the warrants shall be in accordance with
Appendix B hereto annexed.

B.   If any Transaction is consummated during the Term or within eighteen months
after the end of the Term with the Targets or with another party or parties (the
"Other Targets") introduced to the Company by JWGenesis or contacted at the
Company's request by JWGenesis during the Term, the Company shall pay JWGenesis
in cash (except with respect to the proviso at the end of the paragraph below)
at the closing of each such Transaction, a transaction fee ("Transaction Fee")
equal to the sum of one and one-half percent (1.5%) of the aggregate
consideration of a Transaction (the "Aggregate Consideration"). Aggregate
Consideration is defined and computed as follows:

1.  The total sale proceeds and other consideration paid or received by (i) the
    Targets or Other Targets, (ii) participants in the Target's or Other
    Targets' phantom or other equity plans, (iii) recipients of a share of the
    Transaction proceeds or similar incentive arrangements and/or (iv) holders
    of the Target's or Other Targets' stock, options, warrants and convertible
    securities ((i), (ii), (iii) and (iv) collectively being defined as the
    "Stakeholders") upon the consummation of any Transaction (including
    payments made in installments, paid into escrow and/or deferred),
    inclusive of cash, debt and equity securities, notes, property,
    shareholder payables and indebtedness assumed or retired, agreements not
    to compete, consulting agreements and unusual employment contracts, plus
    the total value of any interest-bearing liabilities and long-term
    liabilities assumed or retired, the net value of any current assets not
    purchased in an assets Transaction, the aggregate amount of any dividends
    (except regular dividends paid in conformity with past practice) or other
    distributions paid by the Target or Other Targets to the Stakeholders
    after the date hereof and the imputed value of any stock retained by the
    Stakeholders in a sale, recapitalization, leveraged buyout or similar
    transaction; provided that if Aggregate Consideration includes equity
    securities of the Company, then the portion of the Transaction Fee
    attributable to such equity security payments shall be made to JWGenesis
    in kind and shall have at least the registration rights contained in the
    applicable section of Appendix B annexed hereto.

2.  If a portion of such consideration includes contingent payments, Aggregate
    Consideration shall also include the value of such payments; provided that
    if the Company and JWGenesis cannot in good faith agree on such value, then
    the portion of the Transaction Fee attributable to such contingent payments
    shall be paid to JWGenesis as such payments are paid to the Stakeholders.
    If the Aggregate Consideration for the Transaction consists in whole or in
    part of securities or other property, for the purposes of calculating the
    amount of Aggregate Consideration, the value of such securities or other
    property will be the value thereof on the day preceding the consummation of
    the Transaction as the Company and JWGenesis agree, provided, however, that
    in the case of securities for which there is a public trading market, the
    value will be determined by the average last sales prices for such
    securities for the last twenty trading days prior to such consummation.
    In the case of debt securities for which there is no public trading market,
    the value thereof shall be the principal amount thereof. If

                             Exhibit 10.21 - Page 2

<PAGE>

     there is no public trading market for securities or other property other
     than debt securities paid or payable as part of Aggregate Consideration
     and the parties are unable to agree on their value, then each of JWGenesis
     and the Company will select an investment banking firm respected in the
     merger and acquisition field to determine a value and the midpoint between
     the two values established by the two independent experts will be the fair
     market value for the purposes hereof.

C.   If the Company and/or its shareholders enter into a letter of intent or
other agreement with respect to a Transaction, and due to a breach by failure of
condition under the control of or act or omission to act by the Company or its
shareholders no Transaction is consummated by the earlier to occur of the dates
set forth in clauses (i) or (ii) of this paragraph C whereby JWGenesis is paid a
Transaction Fee by the Company, then the Company shall pay JWGenesis an
additional performance fee (the "Buyer's Remorse Fee") of $200,000 at the
earlier of (i) eighteen months after the Term of this Agreement or (ii) when the
Company has ceased using reasonable efforts to consummate a Transaction.

D.   The Company agrees to reimburse JWGenesis for all reasonable out-of-pocket
expenses incurred in carrying out the terms of this Agreement, including
telephone, travel, facsimile, courier and computer time charges, attorneys' fees
and disbursements and sales, use and similar taxes. Such reimbursable expenses
shall not exceed $25,000 without the Company's approval, provided, however, that
such limitation shall not apply to Appendix A. These out-of-pocket expenses will
be payable from time to time upon invoicing by JWGenesis at any time after the
commencement of this Agreement.

E.   JWGenesis shall have the right of first refusal during the Term and, if a
Transaction is consummated, within eighteen months after the Term to act as
exclusive placement agent or co- managing underwriter, as the case may be, for
any private or public financing by the Company, including any financing for a
Transaction.

F.   The provisions of this Section II shall survive the termination and
expiration of this Agreement.

III.  INDEMNIFICATION
      ---------------

      The Company and JWGenesis hereby agree to the terms and conditions of the
Indemnification Agreement attached hereto as Appendix A with the same force and
effect and as if the terms and conditions were set forth at length herein.

IV.   COORDINATION OF EFFORTS AND EXCLUSIVITY
      ---------------------------------------

      In order to coordinate the efforts of both JWGenesis and the Company, and
to maximize the possibility of completing a satisfactory Transaction during the
term of this Agreement, JWGenesis shall have the exclusive authority as
financial advisor to conduct negotiations with the Targets and Other Targets on
behalf of the Company and its shareholders.

V.    DISCLOSURE
      ----------

      Any financial or other advice, descriptive memoranda or other
documentation rendered by JWGenesis pursuant to this Agreement may not be
disclosed publicly or to any third party in any manner without the prior written
approval of JWGenesis. The Company may not make any public reference to
JWGenesis or use JWGenesis' name in any annual report, press release or other
report, release or other document of the Company without JWGenesis' prior
written consent, except that the Company may, without JWGenesis' further
consent, disclose this Agreement (but not

                             Exhibit 10.21 - Page 3

<PAGE>

information provided to the Company by JWGenesis) in the Company's filings with
the Securities and Exchange Commission, if the Company has been advised by its
counsel that such disclosure is required by law, or, in the opinion of counsel
to the Company, may otherwise be required by law. All non-public information
provided by the Company to JWGenesis will be considered as confidential
information and shall be maintained as such by JWGenesis, except as required by
law or as required to enable JWGenesis to perform its services pursuant to this
Agreement, until the same becomes known to third parties or the public without
release thereof by JWGenesis. The provisions of this paragraph shall survive the
termination and expiration of this Agreement.

      The Company agrees to provide to JWGenesis, among other things, all
reasonable information requested or required by JWGenesis or the Targets,
including, but not limited to, information concerning historical and projected
financial results and possible and known litigious, environmental and other
contingent liabilities of the Company. The Company also agrees to make available
to JWGenesis such representatives of the Company, including, among others,
directors, officers, employees, outside counsel and independent certified public
accountants, as JWGenesis may reasonably request. The Company will promptly
advise JWGenesis of any material changes in its business, finances or
shareholdings. The Company represents that all information made available to
JWGenesis by the Company, including, without limiting the generality of the
foregoing, any descriptive memorandum or other information materials prepared by
or approved by the Company, will be complete and correct in all material
respects and will not contain any untrue statements of a material fact or omit
to state a material fact necessary in order to make the statements therein not
misleading in light of the circumstances under which such statements are made.
In rendering its services hereunder, JWGenesis will be using and relying
primarily on such information without independent verification thereof or
independent appraisal of any of the Company's assets or those of the Targets or
Other Targets. JWGenesis does not assume responsibility for the accuracy or
completeness of the information to which reference is made above.

           The Company authorizes JWGenesis to make public notice in the form
of a "tombstone," at JWGenesis' expense, of any Transaction concluded under
this Agreement.

VI.   OBLIGATIONS OF JWGENESIS SOLELY TO THE COMPANY
      ----------------------------------------------

      The services herein provided are to be rendered solely to the Board of
Directors of the Company. They are not being rendered by JWGenesis as a
fiduciary of the shareholders of the Company and JWGenesis shall not have any
liability or obligation with respect to its services hereunder to such
shareholders or any other person, firm or corporation.

VII.  ENTIRE AGREEMENT, GOVERNING LAWS AND JURISDICTION, ETC.
      -------------------------------------------------------

      This Agreement sets forth the entire understanding of the parties relating
to the subject matter hereof and supersedes and cancels any prior
communications, understandings and agreements between the parties. This
Agreement cannot be terminated or changed, nor can any of its provisions be
waived, except by written agreement signed by all parties hereto. This Agreement
shall be binding upon and inure to the benefit of any successors, assigns, heirs
and personal representatives of the Company, the undersigned shareholders and
JWGenesis.

      This Agreement shall be governed by and construed to be in accordance with
the laws of the State of New York applicable to contracts made and to be
performed solely in such state by citizens thereof. Any dispute arising out of
this Agreement shall be adjudicated in the courts of the State of New York or in
the federal courts sitting in the Southern District of New York, and the Company
and JWGenesis each hereby agrees that service of process upon it by registered
or certified mail at

                             Exhibit 10.21 - Page 4

<PAGE>

its address set forth above shall be deemed adequate and lawful. The parties
hereto shall deliver notices to each other by personal delivery or by registered
or certified mail (return receipt requested) at the addresses set forth above.

VIII. ACCEPTANCE
      ----------

      Please confirm that the foregoing is in accordance with your understanding
by signing upon behalf of the Company and returning an executed copy of this
Agreement, together with a wire funds transfer or check for $20,000 drawn in
favor of "JWGenesis Capital Markets, Inc." whereupon after execution by
JWGenesis it shall become a binding agreement among the Company, JWGenesis and
the Company's majority shareholders. A telecopy of a signed original of this
Agreement shall be sufficient to bind the parties whose signatures appear
hereon.

                                Very truly yours,
                                JWGENESIS CAPITAL MARKETS, INC.

                                By:
                                   ---------------------------------------------
                                Jeffrey H. Lehman, Director of Corporate Finance

ACCEPTED AND AGREED TO:
EZCONY INTERAMERICA INC. AND ITS
AFFILIATES AND RELATED ENTITIES

By:
   ----------------------------
      Ezra Cohen, President and C.E.O.

Date:
     --------------------------
MAJORITY SHAREHOLDERS (as represented as such by the undersigned)

-------------------------------
Ezra Cohen

-------------------------------
Moises Ezra Cohen

-------------------------------
Moises Homsany

-------------------------------
Ezra Homsany Gateno

                             Exhibit 10.21 - Page 5

<PAGE>

                                                                      APPENDIX A

                            INDEMNIFICATION AGREEMENT

      Appendix A to the letter engagement agreement (the "Agreement") dated
November 11, 1999 by and among Ezcony Interamerica Inc. and its affiliates and
related entities (collectively, the "Company"), JWGenesis Capital Markets, Inc.
("JWGenesis") and the Company's majority shareholders.

      The Company agrees to indemnify and hold JWGenesis and its current and
future affiliates, control persons, directors, officers, employees and agents
(each an "Indemnified Person") harmless from and against all losses, claims,
damages, liabilities, costs or expenses, including those resulting from any
threatened or pending investigation, action, proceeding or dispute whether or
not JWGenesis or any such other Indemnified Person is a party to such
investigation, action, proceeding or dispute, arising out of JWGenesis' entering
into or performing services under this Agreement or arising out of any matter
referred to in this Agreement. This indemnity shall also include JWGenesis'
and/or any such other Indemnified Person's reasonable attorneys' and
accountants' fees and out-of-pocket expenses incurred in, and the cost of
JWGenesis personnel whose time is spent in connection with such investigations,
actions, proceedings or disputes which fees, expenses and costs shall be
periodically reimbursed to JWGenesis and/or to any such other Indemnified Person
by the Company as they are incurred; provided, however, that the indemnity
herein set forth shall not apply where a court of competent jurisdiction has
made a final determination that JWGenesis acted in a grossly negligent manner or
engaged in willful misconduct in the performance of its services hereunder which
gave rise to the loss, claim, damage, liability, cost or expense sought to be
recovered hereunder (but pending any such final determination the
indemnification and reimbursement provisions hereinabove set forth shall apply
and the Company shall perform its obligations hereunder to reimburse JWGenesis
and/or each such other Indemnified Person periodically for its, his or their
fees, expenses and costs as they are incurred). The Company also agrees that
neither JWGenesis nor any other Indemnified Person shall have any liability
(whether direct or indirect, in contract or tort or otherwise) to the Company
for or in connection with any act or omission to act by JWGenesis as a result of
its engagement under this Agreement except for any such liability for losses,
claims, damages, liabilities or expenses incurred by the Company that is found
in a final determination by a court of competent jurisdiction to have resulted
from JWGenesis' gross negligence or willful misconduct.

      If for any reason, the foregoing indemnification is unavailable to
JWGenesis or any such other Indemnified Person or insufficient to hold it
harmless, then the Company shall contribute to the amount paid or payable by
JWGenesis or any such other Indemnified Person as a result of such loss, claim,
damage or liability in such proportion as is appropriate to reflect not only the
relative benefits received by the Company and its shareholders on the one hand
and JWGenesis or any such other Indemnified Person on the other hand, but also
the relative fault of the Company and JWGenesis or any such other Indemnified
Person, as well as any relevant equitable considerations; provided that in no
event will the aggregate contribution by JWGenesis and any such other
Indemnified Person hereunder exceed the amount of fees actually received by
JWGenesis pursuant to this Agreement. The reimbursement, indemnity and
contribution obligations of the company hereinabove set forth shall be in
addition to any liability which the Company may otherwise have and these
obligations and the other provisions hereinabove set forth shall be binding upon
and inure

                                   A - Page 1

<PAGE>

to the benefit of any successors, assigns, heirs and personal representatives of
the Company, JWGenesis and any other Indemnified Person.

      The terms and conditions hereinabove set forth in this Appendix A shall
survive the termination and expiration of this Agreement and shall continue
indefinitely thereafter.

EZCONY INTRAMERICA INC. AND ITS                 JWGENESIS CAPITAL MARKETS, INC.
AFFILIATES AND RELATED ENTITIES

By:                                     By:
   --------------------------------     ----------------------------------------
   Ezra Cohen, President and C.E.O.     Jeffrey H. Lehman, Director of Corporate
                                                 Finance

                                   A - Page 2

<PAGE>

                                                                      APPENDIX B

      WARRANT FOR THE PURCHASE OF SHARES OF COMMON STOCK
200,000 Shares                                                             No. 1

      FOR VALUE RECEIVED, Ezcony Interamerica Inc. (the "Company"), a British
Virgin Islands corporation, hereby certifies that JWGenesis CapitalMarkets, Inc.
("JWGenesis") or its permitted assigns are entitled to purchase from the
Company, at any time or from time to time prior to 5:00 P.M., New York City time
then current, on November 17, 2004 (or if no Transaction (as defined in the
agreement among JWGenesis, the Company and the Company's majority shareholders
dated November 11, 1999) has been consummated then on November 11, 2000) (the
"Expiration Date"). 200,000 fully paid and non-assessable shares of the common
stock, no par value, of the Company, one-half at the aggregate purchase price of
$10,000 (computed on the basis of $0.10 per share) and one-half at the aggregate
purchase price of $40,000 (computed on the basis of $0.40 per share).
(Hereinafter, (i) said common stock, together with any other equity securities
which may be issued by the Company with respect thereto or in substitution
therefor, is referred to as the "Common Stock," (ii) the shares of the Common
Stock purchasable hereunder are referred to as the "Warrant Shares," (iii) the
aggregate purchase price payable hereunder for the Warrant Shares is referred to
as the "Aggregate Warrant Price," (iv) the price payable hereunder for each of
the shares of the Warrant Shares is referred to as the "Per Share Warrant Price"
and (v) this warrant and all warrants hereafter issued in exchange or
substitution for this warrant are referred to as "Warrants.") The Aggregate
Warrant Price is not subject to adjustment. The Per Share Warrant Price is
subject to adjustment as hereinafter provided; in the event of any such
adjustment, the number of Warrant Shares shall be adjusted such that it equals a
number determined by dividing the Aggregate Warrant Price by the Per Share
Warrant Price in effect immediately after such adjustment.

1. Exercise of Warrant.

(a)   This Warrant may be exercised in whole at any time or in part from time to
      time prior to 5:00 P.M., New York City time then current, on the
      Expiration Date, by the holder of this Warrant (the "Holder") by the
      surrender of this Warrant (with the subscription form at the end hereof
      duly executed) at the address set forth in Subsection 10(a) hereof,
      together with proper payment of the aggregate Warrant Price, or the
      proportionate part thereof if this Warrant is exercised in part.  Payment
      for the Warrant Shares shall be made by check, payable to the order of the
      Company.  If this Warrant is exercised in part, this Warrant must be
      exercised for a number of whole shares of the Common Stock, and the Holder
      is entitled to receive a new Warrant covering the number of Warrant Shares
      in respect of which this Warrant has not been exercised and setting forth
      the proportionate part of the Aggregate Warrant Price applicable to such
      Warrant Shares.  Upon such exercise and surrender of this Warrant, the
      Company will (i) issue a certificate or certificates in the name of the
      Holder for the largest number of whole shares of the Common Stock to which
      the Holder shall be entitled and, if this Warrant is exercised in whole,
      in lieu of any fractional share of the Common Stock to which the Holder
      shall be entitled, pay cash equal to the fair value of such fractional
      share (determined in such reasonable manner as the Board of Directors of
      the Company shall determine), and (ii) deliver the other securities and
      properties receivable upon the exercise

                                   B - Page 1

<PAGE>

      of this Warrant, or the proportionate part thereof if this Warrant is
      exercised in part, pursuant to the provisions of this Warrant.

(b)   In lieu of exercising this Warrant in the manner set forth in paragraph
      1(a) above, this Warrant may be exercised in whole at any time or in part
      from time to time prior to the Expiration Date by surrender of the Warrant
      without payment of any other consideration, commission or remuneration,
      together with the cashless exercise subscription form at the end hereof,
      duly executed.  The number of shares to be issued in exchange for the
      Warrant shall be the product of (x) the excess of the Market price (as
      hereinafter defined) of the Common Stock on the date of surrender of the
      Warrant and the exercise subscription form over the Per Share Warrant
      Price and (y) the number of shares subject to issuance upon exercise of
      the Warrant, divided by the Market Price of the Common Stock on such date.
      Upon such exercise and surrender of this Warrant, the Company will (i)
      issue a certificate or certificates in the name of the Holder for the
      largest number of whole shares of the Common Stock to which the Holder
      shall be entitled and, in lieu of any fractional share of the Common Stock
      to which the Holder shall be entitled, pay cash equal to the fair value of
      such fractional share (determined in such reasonable manner as the Board
      of Directors of the Company shall determine), and (ii) deliver the other
      securities and properties receivable upon the exercise of this Warrant,
      pursuant to the provisions of this Warrant.

2.    Reservation of Warrant Shares.
      -----------------------------

      The Company agrees that, prior to the expiration of this Warrant, the
Company will at all times have authorized and in reserve, and will keep
available, solely for issuance or delivery upon the exercise of this Warrant,
such number of shares of the Common Stock and such amount of other securities
and properties as from time to time shall be deliverable to the Holder upon the
exercise of this Warrant, free and clear of all restrictions on sale or transfer
(except such as may be imposed under applicable federal and state securities
laws) and free and clear of all preemptive rights and all other rights to
purchase securities of the Company.

3.    Protection Against Dilution.
      ---------------------------

(a)   If, at any time or from time to time after the date of this Warrant, the
      Company shall distribute to the holders of its outstanding Common Stock;
      (i) securities, other than shares of Common Stock, or (ii) property, other
      than cash out of earned surplus, without payment therefor, then, and in
      each such case, the Holder, upon the exercise of this Warrant, shall be
      entitled to receive the securities and property which the Holder would
      hold on the date of such exercise if, on the date of this Warrant, the
      Holder had been the holder of record of the number of shares of the
      Common Stock subscribed for upon such exercise and, during the period
      from the date of this Warrant to and including the date of such exercise,
      had retained such shares and the securities and properties receivable by
      the Holder during such period. Notice of each such distribution shall be
      forthwith mailed to the Holder.

(b)   If, at any time or from time to time after the date of this Warrant, the
      Company shall (i) pay a dividend or make a distribution on its capital
      stock in shares of Common Stock, (ii) subdivide its outstanding shares of
      Common Stock into a greater number of shares, (iii) combine its
      outstanding shares of Common Stock into a smaller number of shares or (iv)
      issue by reclassification of its Common Stock any shares of capital stock
      of the Company, the Per Share Warrant Price and Warrant Shares in effect
      immediately prior to such action shall be adjusted so that the Holder of
      any Warrant thereafter exercised shall be entitled to receive the number
      of shares of Common Stock or other capital stock of the Company which

                                   B - Page 2

<PAGE>

      he would have owned or been entitled to receive at the Aggregate Warrant
      Price he would have paid or have been entitled to pay immediately
      following the happening of any of the events described above had such
      Warrant been exercised immediately prior thereto. An adjustment made
      pursuant to this (b) shall become effective immediately after the record
      date in the case of a dividend or distribution and shall become effective
      immediately after the effective date in the case of a subdivision,
      combination or reclassification. If, as a result of an adjustment made
      pursuant to this (b), the holder of any Warrant thereafter surrendered for
      exercise shall become entitled to receive shares of two or more classes of
      capital stock or shares of Common Stock and other capital stock of the
      Company, the Board of Directors (whose reasonable determination shall be
      conclusive and shall be described in a written notice to the Holder of any
      Warrant promptly after such adjustment) shall determine the allocation of
      the adjusted Per Share Warrant Price between or among shares of such
      classes or capital stock or shares of Common Stock and other capital
      stock.

(c)   Except as provided in 3(e), in case the Company shall hereafter issue or
      sell any shares of Common Stock for a consideration per share less than
      the Average Per Share Warrant Price in effect immediately prior to such
      issuance or sale, the Average Per Share Warrant Price shall be adjusted
      as of the date of such issuance or sale so that the same shall equal the
      price determined by dividing (i) the sum of (A) the number of shares of
      Common Stock outstanding immediately prior to such issuance or sale
      multiplied by the Average Per Share Warrant Price plus (B) the
      consideration received by the Company upon such issuance or sale by (ii)
      the total number of shares of Common Stock outstanding after such issuance
      or sale.  The term "Average Per Share Warrant Price" means the aggregate
      exercise price for all unexercised Warrant Shares divided by the number of
      unexercised Warrant Shares.  If an adjustment to the Average Per Share
      Warrant Price is to be made pursuant to this Subsection 3(c) or Subsection
      3(d) below, then the aggregate price adjustment shall be applied evenly to
      the exercise price on a per share basis over all unexercised Warrant
      Shares.

(d)   Except as provided in 3(e), in case the Company shall hereafter issue or
      sell any rights, options, warrants or securities convertible into Common
      Stock entitling the holders thereof to purchase the Common Stock or to
      convert such securities into Common Stock at a price per share
      (determined by dividing (i) the total amount, if any, received or
      receivable by the Company in consideration of the issuance or sale of such
      rights, options, warrants or convertible securities plus the total
      consideration, if any, payable to the Company upon exercise or conversion
      thereof (the "Total Consideration") by (ii) the number of additional
      shares of Common Stock issuable upon exercise or conversion of such
      securities) less than the then Average Per Share Warrant Price in effect
      on the date of such issuance or sale, the Average Per Share Warrant Price
      shall be adjusted as of the date of such issuance or sale so that the same
      shall equal the price determined by dividing (i) the sum of (A) the number
      of shares of Common Stock outstanding on the date of such issuance or sale
      multiplied by the Average Per Share Warrant Price plus (B) the Total
      Consideration by (ii) the number of shares of Common Stock outstanding on
      the date of such issuance or sale plus the maximum number of additional
      shares of Common Stock issuable upon exercise or conversion of such
      securities.

(e)   No adjustment in the Per Share Warrant Price shall be required in the case
      of (i) the issuance of Common Stock upon the exercise of options which may
      be granted in the ordinary course of business under the Company's official
      employee stock option plan as in effect on the date hereof or (ii) the
      issuance of shares pursuant to the exercise of this Warrant.

                                   B - Page 3

<PAGE>

(f)   In case of any consolidation or merger to which the Company is a party
      other than a merger or consolidation in which the Company is the
      continuing corporation, or in case of any sale or conveyance to another
      entity of the assets or other property of the Company as an entirety
      or substantially as an entirety, or in the case of any statutory exchange
      of securities with another entity (including any exchange effected in
      connection with a merger of any other corporation with the Company), the
      Holder of this Warrant shall have the right thereafter to convert such
      Warrant into the kind and amount of securities, cash or other property
      which he would have owned or have been entitled to receive immediately
      after such consolidation, merger, statutory exchange, sale or conveyance
      had this Warrant been exercised immediately prior to the effective date
      of such consolidation, merger, statutory exchange, sale or conveyance and
      in any such case, if necessary, appropriate adjustments shall be made in
      the application of the provisions set forth in this Section 3 with respect
      to the rights and interests thereafter of the Holder of this Warrant to
      the end that the provisions set forth in this Section 3 shall thereafter
      correspondingly be made applicable, as nearly as may reasonably be, in
      relation to any shares of stock or other securities or property thereafter
      deliverable on the exercise of this Warrant.  The above provisions of this
      3(f) shall similarly apply to successive consolidations, mergers,
      statutory exchanges, sales or conveyances. Notice of any such
      consolidation, merger, statutory exchange, sale or conveyance, and of
      said provisions so proposed to be made, shall be mailed to the Holder not
      less than twenty (20) days prior to such event. A sale of all or
      substantially all of the assets of the Company for a consideration
      consisting primarily of securities shall be deemed a consolidation or
      merger for the foregoing purposes.

(g)   Whenever the Per Share Warrant Price is adjusted as provided in this
      Section 3 and upon any modification of the rights of the Holder of this
      Warrant in accordance with this Section 3, the Company shall, at its own
      expense, within ten (10) days of such adjustment or modification, deliver
      to the holder of this Warrant a certificate of the principal financial
      officer of the Company setting forth the Per Share Warrant Price and the
      number of Warrant Shares after such adjustment or the effect of such
      modification, a brief statement of the facts requiring such adjustment or
      modification and the manner of computing the same.  In addition, within
      thirty (30) days of the end of the Company's fiscal year next following
      any such adjustment or modification, the Company shall, at its own
      expense, deliver to the Holder of this Warrant a certificate of a firm of
      independent public accountants of recognized standing reasonably selected
      by the Board of Directors (which may be the regular auditors of the
      Company) setting froth the same information as required by such principal
      financial officer certificate.

(h)   If the Board of Directors of the Company shall declare any dividend or
      other distribution in cash with respect to the Common Stock, the Company
      shall mail notice thereof to the Holder not less than twenty (20) days
      prior to the record date fixed for determining shareholders entitled to
      participate in such dividend or other distribution.

4.    Fully Paid Stock; Taxes.
      -----------------------

      The Company agrees that the shares of the Common Stock represented by each
and every certificate for Warrant Shares delivered on the exercise of this
Warrant in accordance with the terms hereof shall, at the time of such delivery,
be validly issued and outstanding, fully paid and non- assessable and not
subject to preemptive rights or other contractual rights to purchase securities
of the Company and the Company will take all such actions as may be necessary to
assure that the par

                                   B - Page 4

<PAGE>

value or stated value, if any, per share of the Common Stock is at all times
equal to or less than the then Per Share Warrant Price. The Company further
covenants and agrees that it will pay, when due and payable, any and all federal
and state stamp, original issue or similar taxes which may be payable in respect
of the issue of any Warrant Share or certificate therefor.

5.   Registration Under Securities Act of 1933.
     ------------------------------------------

(a)   The Company agrees that if, at any time and from time to time during the
      period ending on the Expiration Date, the Holder and/or the holders of any
      other Warrants and/or Warrant Shares who or which shall hold not less than
      50% of the Warrants and/or Warrant Shares issued by the Company pursuant
      to this Section 5, request that the Company file a registration statement
      under the Securities Act of 1933 (the "Act") covering all or any of the
      Warrant Shares (provided however the registration statement covers not
      less than 50% of all Warrant Shares issued by the Company pursuant to this
      Section 5), the Company will (i) promptly notify the Holder and all other
      registered holders, if any, of other Warrants and/or Warrant Shares that
      such registration statement will be filed and that the Warrant Shares
      which are then held, and/or which may be acquired upon the exercise of
      Warrants, by the Holder and such holders will be included in such
      registration statement at the Holder's and such holders' request, (ii)
      cause such registration statement to cover all Warrant Shares which it
      has been so requested to include, (iii) use its best efforts to cause such
      registration statement to become effective as soon as practicable and to
      remain effective and current and (iv) take all other action necessary
      under any federal or state law or regulation of any governmental authority
      to permit all Warrant Shares which it has been so requested to include in
      such registration statement to be sold or otherwise disposed of and will
      maintain such compliance with each such federal and state law and
      regulation of any governmental authority for the period necessary for the
      Holder and such holders to effect the proposed sale or other disposition.

(b)   The Company agrees that if, at any time and from time to time, the Board
      of Directors of the Company shall authorize the filing of a registration
      statement (any such registration statement being sometimes hereinafter
      called a "Subsequent Registration Statement") under the Act (otherwise
      than pursuant to 5(a) hereof) in connection with the proposed offer of any
      of its securities by it or any of its shareholders, the Company will (i)
      promptly notify the Holder and all other registered holders, if any, of
      other Warrants and/or Warrant Shares that such Subsequent Registration
      Statement will be filed and that the Warrant Shares which are then held,
      and/or which may be acquired upon the exercise of the Warrants, by the
      Holder and such holders will be included in such Subsequent Registration
      Statement at the Holder's and such holders request, (ii) cause such
      Subsequent Registration Statement to cover all Warrant Shares which it has
      been so requested to include, (iii) cause such Subsequent Registration
      Statement to become effective as soon as practicable and to remain
      effective and current and (iv) take all other action necessary under any
      federal or state law or regulation of any governmental authority to permit
      all Warrant Shares which it has been so requested to include in such
      Subsequent Registration Statement to be sold or otherwise disposed of and
      will maintain such compliance with each such federal and state law and
      regulation of any governmental authority for the period necessary for the
      Holder and such holders to effect the proposed sale or other disposition.

(c)   Whenever the Company is required pursuant to the provisions of this
      Section 5 to include Warrant Shares in a Subsequent Registration Statement
      or in a registration statement

                                   B - Page 5

<PAGE>

      pursuant to 5(a) hereof, the Company shall (i) furnish each holder of any
      such Warrant Shares and each underwriter of such Warrant Shares with such
      copies of the prospectus, including the preliminary prospectus, conforming
      to the Act (and such other documents as each such holder or each such
      underwriter may reasonably request) in order to facilitate the sale or
      distribution of the Warrant Shares, (ii) use its best efforts to register
      or qualify such Warrant Shares under the blue sky laws (to the extent
      applicable) of such jurisdiction or jurisdictions as the holders of any
      such Warrant Shares and each underwriter of Warrant Shares being sold by
      such holders shall reasonably request and (iii) take such other actions as
      may be reasonably necessary or advisable to enable such holders and such
      underwriters to consummate the sale or distribution in such jurisdiction
      or jurisdictions in which such holders shall have reasonably requested
      that the Warrant Shares be sold.

(d)   The Company shall pay all expenses incurred in connection with any
      registration or other action pursuant to the provisions of this Section 5,
      including the attorneys' fees and expenses of the holder(s) of the Warrant
      Shares covered by such registration incurred in connection with such
      registration or other action, other than underwriting discounts and
      applicable transfer taxes relating to the Warrant Shares.

(e)   The "Market Price" of Common Stock shall mean the price of a share of
      Common Stock on the relevant date, determined on the basis of the last
      reported sale price of the Common Stock as reported on the NASDAQ National
      Market System ("NASDAQ") or, if there is no such reported sale on the day
      in question, on the basis of the average of the closing bid and asked
      quotations as so reported or, if the Common Stock is not listed on NASDAQ,
      the last reported sale price of the Common Stock on such other national
      securities exchange upon which the Common Stock is listed or, if the
      Common Stock is not listed on any national securities exchange, on the
      basis of the average of the closing bid and asked quotations on the day
      in question in the over-the-counter market as reported by the National
      Association of Securities Dealers' Automated Quotations System or, if not
      so quoted, as reported by National Quotation Bureau, Incorporated or any
      similar organization or, if not so reported, by a qualified, independent
      third party appraiser jointly selected by the holders of the Warrants and
      the Company whose cost shall be borne by the Company.

6.    Indemnification.
      ---------------

(a)   The Company agrees to indemnify and hold harmless each selling holder of
      Warrant Shares and each person who controls any such selling holder within
      the meaning of Section 15 of the Act, and each and all of them, from and
      against any and all losses, claims, damages, liabilities or actions, joint
      or several, to which any selling holder of Warrant Shares or they or any
      of them may become subject under the Act or otherwise and to reimburse the
      persons indemnified as above for any legal or other expenses (including
      the cost of, and for the personnel time spent in connection with, any
      investigation, testimony and preparation) incurred by them in connection
      with any litigation or threatened litigation, whether or not resulting in
      any liability, but only insofar as such losses, claims, damages,
      liabilities or actions arise out of or are based upon, (i) any untrue
      statement or alleged untrue statement of a material fact contained in any
      registration statement pursuant to which Warrant Shares were registered
      under the Act (hereinafter called "Registration Statement"), any
      preliminary prospectus, the final prospectus or any amendment or
      supplement thereto (or in any application or document filed in connection
      therewith) or document executed by the Company based upon written
      information furnished by or on behalf of the Company filed

                                   B - Page 6

<PAGE>

      in any jurisdiction in order to register or qualify the Warrant Shares
      under the securities laws thereof or the omission or alleged omission to
      state therein a material fact required to be stated therein or necessary
      to make the statements therein, in the light of the circumstances under
      which they were made, not misleading, or (ii) the employment by the
      Company of any device, scheme or artifice to defraud, or the engaging by
      the Company in any act, practice or course of business which operates or
      would operate as a fraud or deceit, or any conspiracy with respect
      thereto, in which the Company shall participate, in connection with the
      issuance and sale of any of the Warrant Shares; provided, however, that
      (i) the indemnity agreement contained in this (a) shall not extend to any
      selling holder of Warrant Shares in respect of any such losses, claims,
      damages, liabilities or actions arising out of, or based upon, any such
      untrue statement or alleged untrue statement, or any such omission or
      alleged omission, if such statement or omission was based upon and made in
      conformity with information furnished in writing to the Company by a
      selling holder of Warrant Shares specifically for use in connection with
      the preparation of such Registration Statement, any final prospectus, any
      preliminary prospectus or any such amendment or supplement thereto. The
      Company agrees to pay any legal and other expenses for which it is liable
      under this (a) from time to time within thirty (30) days after its receipt
      of a bill therefor.

(b)   Each selling holder of Warrant Shares, severally and not jointly, will
      indemnify and hold harmless the Company, its directors, its officers who
      shall have signed the Registration Statement and each person, if any, who
      controls the Company within the meaning of Section 15 of the Act to the
      same extent as the foregoing indemnity from the Company, but in each
      case to the extent, and only to the extent, that any statement in or
      omission from or alleged omission from such Registration Statement, any
      final prospectus, any preliminary prospectus or any amendment or
      supplement thereto was made in reliance upon information furnished in
      writing to the Company by such selling holder specifically for use in
      connection with the preparation of the Registration Statement, any final
      prospectus or the preliminary prospectus or any such amendment or
      supplement thereto; provided, however, that the total obligation of any
      holder of Warrant Shares to indemnify any and all such indemnified parties
      under the provisions of this (b) shall be limited to the product of the
      number of Warrant Shares being sold by the selling holder and the excess
      of the Market Price of the Common Stock on the date of the sale to the
      public of these Warrant Shares over the Per Share Warrant Price.  Each
      selling holder of Warrant Shares agrees to pay any legal and other
      expenses for which it is liable under this (b) from time to time within
      thirty (30) days after receipt of a bill therefor.

(c)   If any action is brought against a person entitled to indemnification
      pursuant to the foregoing 6(a) or (b) (an "indemnified party") in respect
      of which indemnity may be sought against a person granting indemnification
      (an "indemnifying party") pursuant to such 6(a) or (b), such indemnified
      party shall promptly notify such indemnifying party in writing of the
      commencement thereof; but the omission to so notify the indemnifying party
      of any such action shall not release the indemnifying party from any
      liability it may have to such indemnified party in accordance with (a) or
      (b) of this Section 6.  In case any such action is brought against an
      indemnified party and it notifies an indemnifying party of the
      commencement thereof, the indemnifying party against which a claim is to
      be made will be entitled to participate therein at its own expense and,
      to the extent that it may wish, to assume at its own expense the defense
      thereof, with counsel reasonably satisfactory to such indemnified party;
      provided, however, that (i) if the defendants in any such action include
      both the indemnified party and the indemnifying party and the indemnified
      party shall have

                                   B - Page 7

<PAGE>

      reasonably concluded based upon advice of counsel that there may be legal
      defenses available to it and/or other indemnified parties which are
      different from or additional to those available to the indemnifying party,
      the indemnified party shall have the right to select separate counsel to
      assume such legal defenses and otherwise to participate in the defense of
      such action on behalf of such indemnified party or parties and (ii) in any
      event, the indemnified party shall be entitled to have counsel chosen by
      such indemnified party participate in, but not conduct, the defense at the
      expense of the indemnifying party. Upon receipt of notice from the
      indemnifying party to such indemnified party of its election to so assume
      the defense of such action and approval by the indemnified party of
      counsel, the indemnifying party will not be liable to such indemnified
      party under this Section 6 for any legal or other expenses subsequently
      incurred by such indemnified party in connection with the defense thereof
      unless (1) the indemnified party shall have employed such counsel in
      connection with the assumption of legal defenses in accordance with
      provisos (i) or (ii) to the preceding sentence (it being understood,
      however, that the indemnifying party shall not be liable for the expenses
      of more than one separate counsel), (ii) the indemnifying party shall not
      have employed counsel reasonably satisfactory to the indemnified party to
      represent the indemnified party within a reasonable time after notice of
      commencement of the action or (iii) the indemnifying party has authorized
      the employment of counsel for the indemnified party at the expenses of the
      indemnifying party. An indemnifying party shall not be liable for any
      settlement of any action or proceeding effected by an indemnified party,
      without he indemnifying party's written consent, which consent shall not
      be unreasonably withheld.

(d)   In order to provide for an equitable contribution in circumstances in
      which the indemnity agreement provided for in (a) of this Section 6 is
      unavailable to a selling holder of Warrant Shares in accordance with its
      terms, the Company and the selling holder of Warrant Shares shall
      contribute to the aggregate losses, claims, damages and liabilities of
      the nature contemplated by said indemnity agreement incurred by the
      Company and the selling holder of Warrant Shares, in such proportions as
      is appropriate to reflect the relative benefits received by the Company
      and the selling holder of Warrant Shares from any offering of the Warrant
      Shares; provided, however, that if such allocation is not permitted by
      applicable law or if the indemnified party failed to give the notice
      required under (c) of this Section 6, then the relative fault of the
      Company and the selling holder of Warrant Shares in connection with the
      statements or omissions which resulted in such losses, claims, damages and
      liabilities and other relevant equitable considerations will be considered
      together with such relative benefits and provided, however, that the
      limitations in the proviso in (b) of this Section 6 shall apply in all
      cases.

(e)   The respective indemnity and contribution agreements by the Company and
      the selling holder of Warrant Shares in (a), (b), (c) and (d) of this
      Section 6 shall remain operative and in full force and effect regardless
      of (i) any investigation made by any selling holder of Warrant Shares or
      by or on behalf of any person who controls such selling holder or by the
      Company or any controlling person of the Company or any director or any
      officer of the Company, (ii) payment for any of the Warrant Shares or
      (iii) any termination of this Agreement, and shall survive the delivery of
      the Warrant Shares, and any heir or successor of the Company, or of any
      selling holder of Warrant Shares, or of any person who controls the
      Company or any selling holder of Warrant Shares, as the case may be, shall
      be entitled to the benefit of such respective indemnity and contribution
      agreements.  The respective indemnity and contribution agreements by the
      Company and the selling holder of Warrant

                                   B - Page 8

<PAGE>

      Shares contained in (a), (b), (c) and (d) of this Section 6 shall be in
      addition to any liability which the Company and the selling holder of
      Warrant Shares may otherwise have.

7.    Limited Transferability.
      -----------------------

(a)   This Warrant is not transferable or assignable by the Holder except in
      whole or in part (i) to JWGenesis or any successor firm or corporation of
      JWGenesis, (ii) to any of the principals, shareholders, directors,
      officers or employees of JWGenesis or of any such successor firm or (iii)
      in the case of an individual, pursuant to such individual's last will and
      testament or the laws of descent and distribution and is so transferable
      only upon the books of the Company which it shall cause to be maintained
      for the purpose.  The Company may treat the registered holder of this
      Warrant as he or it appears on the Company's books at any time as the
      Holder for all purposes.  The Company shall permit any holder of a Warrant
      or his duly authorized attorney, upon written request during ordinary
      business hours, to inspect and copy or make extracts from its books
      showing the registered holders of Warrants.  All Warrants will be dated
      the same date as this Warrant.

(b)   By acceptance hereof, the Holder represents and warrants that this Warrant
      is being acquired, and all Warrant Shares to be purchased upon the
      exercise of this Warrant will be acquired, by the Holder solely for the
      account of such Holder and not with a view to the fractionalization and
      distribution thereof and will not be sold or transferred except in
      accordance with the applicable provisions of the Act and the rules and
      regulations of the Securities and Exchange Commission promulgated
      thereunder, and the Holder agrees that neither this Warrant nor any of
      the Warrant Shares may be sold or transferred except under cover of a
      Registration Statement under the Act which is effective and current with
      respect to such Warrant Shares or pursuant to an opinion, in form and
      substance reasonably acceptable to the Company's counsel, that
      registration under the Act is not required in connection with such sale
      or transfer.  Any Warrant Shares issued upon exercise of this Warrant
      shall bear the following legend:

          "The securities represented by this certificate have not been
           registered under the Securities Act of 1933 and are restricted
           securities within the meaning thereof. Such securities may not be
           sold or transferred except pursuant to a registration statement under
           such Act which is effective and current with respect to such
           securities or pursuant to an opinion of counsel reasonably
           satisfactory to the issuer of such securities that such sale or
           transfer is exempt from the registration requirements of such Act."

8.    Loss, etc. of Warrant.
      ---------------------

      Upon receipt of evidence satisfactory to the Company of the loss, theft,
destruction or mutilation of this Warrant, and of indemnity reasonably
satisfactory to the Company, if lost, stolen or destroyed, and upon surrender
and cancellation of this Warrant, if mutilated, and upon reimbursement of the
Company's reasonable incidental expenses, the Company shall execute and deliver
to the Holder a new Warrant of like date, tenor and denomination.

9. Warrant Holder Not Shareholders.
   --------------------------------

      Except as otherwise provided herein, this Warrant does not confer upon the
Holder any right to vote or to consent to or receive notice as a shareholder of
the Company, as such in respect of any matters whatsoever, or any other rights
or liabilities as a shareholder, prior to the exercise hereof.

                                   B - Page 9

<PAGE>

10.   Communication.
      -------------

      No notice or other communication under this Warrant shall be effective
unless, but any notice or other communication shall be effective and shall be
deemed to have been given if, the same is in writing and is mailed by
first-class mail, postage prepaid, addressed to:

      (a)  the Company at Units Four and Five, 7620 NW 25 Street, Miami,
           Florida 33122, Attention: Ezra Cohen or such other address as the
           Company has designated in writing to the Holder; or

      (b)  the Holder at 599 Lexington Avenue, 27th Floor, New York, NY 10022,
           Attention: Jeffrey H. Lehman or such other address as the Holder has
           designated in writing to the Company.

11.   Headings.
      --------
      The headings of this Warrant have been inserted as a matter of convenience
and shall not affect the construction hereof.

12.   Applicable Law.
      --------------

      This Warrant shall be governed by and construed in accordance with the
laws of the State of New York without giving effect to the principles of
conflicts of law thereof.

IN WITNESS WHEREOF, Ezcony Interamerica Inc. has caused this Warrant to be
signed by its Chairman of the Board and its corporate seal to be hereunto
affixed and attested by its Secretary on this ____ day of November 1999.

ATTEST:

By:                                       By:   Ezra Cohen, Chairman
   ---------------------------------         -----------------------------------

                                 B - Page 10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00008-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00008-of-00352.parquet"}]]