Document:

WARRANT NO. 001

                      WARRANT FOR PURCHASE OF COMMON STOCK

     THIS  WARRANT AND THE COMMON STOCK PURCHASABLE HEREUNDER HAVE NOT BEEN
     REGISTERED  UNDER  THE SECURITIES ACT OF 1933, AS AMENDED OR ANY STATE
     OR  OTHER  JURISDICTIONS  SECURITIES LAW. NEITHER THIS WARRANT NOR THE
     COMMON  STOCK  PURCHASABLE  HEREUNDER  MAY  BE SOLD, OFFERED FOR SALE,
     PLEDGED  OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT IN
     EFFECT  WITH  RESPECT  TO  SUCH  SECURITIES  UNDER  SUCH  ACT  AND ANY
     APPLICABLE  STATE  OR OTHER JURISDICTION SECURITIES LAWS OR AN OPINION
     OF  COUNSEL  SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
     REQUIRED.

                               theglobe.com, Inc.
                        (the "Company" or "Corporation")

                              Purchase Warrant for
                                  Common Stock

     THIS  INSTRUMENT  certifies  that,  FOR  VALUE  RECEIVED,  _________with an
address  of  _________________________(the "Holder"), or his registered assigns,
is  entitled,  subject to the terms and conditions set forth in this Warrant for
Purchase  of Common Stock (this "Warrant"), to purchase from theglobe.com, Inc.,
a  Delaware  corporation  (the  "Company"  or  the  "Corporation"),
______________________________shares  of Common Stock, US$.001 par value, of the
Company  (the  "Shares"),  commencing  immediately, and ending at 5:00 p.m., New
York  time,  November  12,  2012, for a purchase price of six and one-half cents
(US$0.065)  per Share (the "Exercise Price"), such number of Shares and Exercise
Price  being  subject to adjustment from time to time as set forth in Sections 3
and  4  below.

     This Warrant is subject to the following provisions, terms and conditions:

SECTION  1.     Warrant  Exercise.  This  Warrant may be exercised by the holder
hereof,  in  whole or in part, by the presentation and surrender of this Warrant
with  the form of the Exercise Form attached hereto as SCHEDULE A duly executed,
at  the  principal  office  of  the Company, and by tender to the Company of the
purchase  price  set forth above as the Exercise Price, either (a) in cash or by
certified  check  or  bank cashier's check, payable to the order of the Company,
or,  at  the  option of the Holder, (b) by surrendering such number of shares of
Common  Stock  received upon exercise of this Warrant with a "fair market value"
(as  hereinafter  defined)  equal to the Exercise Price (a "Cashless Exercise").
Upon receipt of the foregoing, the Company will without delay and as promptly as
possible  to  the Holder, as promptly as possible, a certificate or certificates
representing  the shares of Common Stock so purchased, registered in the name of
the  Holder.  With  respect to any exercise of this Warrant, the Holder will for
all  purposes  be  deemed

<PAGE>
to  have  become  the  holder  of record of the number of shares of Common Stock
purchased  hereunder  on the date this Warrant, a properly Executed Exercise and
payment  of the Exercise Price is received by the Company (the "Exercise Date"),
irrespective  of the date of delivery of the certificate evidencing such shares,
except  that,  if the date of such receipt is a date on which the stock transfer
books  of  the Company are closed, such person will be deemed to have become the
holder  of  such  shares at the close of business on the next succeeding date on
which the stock transfer books are open.  Fractional shares of Common Stock will
not  be  issued  upon  the  exercise of this Warrant.  In lieu of any fractional
shares  that  would have been issued but for the immediately preceding sentence,
the  Holder  will  be entitled to receive cash equal to the fair market value of
such  fraction  of  a  share  of  Common  Stock  on  the trading day immediately
preceding  the  Exercise  Date.  In the event this Warrant is exercised in part,
the  Company  shall  issue  a new Warrant Certificate to the Holder covering the
aggregate  number  of  shares  of  Common Stock as to which this Warrant remains
exercisable.

     If  the  Holder  elects  to  conduct a Cashless Exercise, the Company shall
cause  to  be delivered to the Holder a certificate or certificates representing
the  number  of  shares  of  Common  Stock computed using the following formula:

                                   X = Y(A-B)
                                       ------
                                          A

Where:
               The number of shares of Common Stock to be issued to
     X      =  Holder;

               The number of shares of Common Stock for which Holder
     Y      =  has exercised this Warrant;

               The fair market value of one share of the Company's
     A      =  Common Stock (on the Exercise Date); and

     B      =  Exercise Price (as adjusted to the date of such calculation)

For  purposes  of  this Section, the "fair market value" of the Company's Common
Stock  on the Exercise Date shall mean:  (i) if the principal trading market for
such  securities  is  a  national  or  regional securities exchange, the average
closing  price  on  such  exchange  for the thirty (30) trading days immediately
prior  to  the Exercise Date; or (ii) if sales prices for shares of Common Stock
are  reported  by the NASDAQ National Market System (or a similar system then in
use), the average last reported sales price so reported for the thirty (30) days
immediately  prior  to the Exercise Date; or (iii) if neither (i) nor (ii) above
are  applicable,  and  if  bid  and  ask  prices  for shares of Common Stock are
reported  in  the  OTC  Bulletin Board by NASDAQ (or, if not so reported, by the
National  Quotation  Bureau  or  any  successor service, including the BBX), the
average  of  the  high  bid  and  low ask prices so reported for the thirty (30)
trading  days  immediately  prior  to  the  Exercise  Date.  Notwithstanding the
foregoing,  if there is no reported closing price, last reported sales price, or
bid  and  ask  prices, as the case may be, for the period in question, then that
current market price shall be determined as of the latest thirty (30) day period

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<PAGE>
for  which such closing price, last reported sales price, or bid and ask prices,
as  the  case may be, are available, unless such securities have not been traded
on  an  exchange  or  in  the OTC Bulletin Board for 30 or more days immediately
prior  to  the  date  in  question, in which case the fair market value shall be
determined  in good faith by, and reflected in a formal resolution of, the Board
of  Directors  of the Company.  Upon any partial exercise of this Warrant, there
shall  be countersigned and issued to the holder hereof a new Warrant in respect
of  the  Shares  as  to  which  this  Warrant  shall  not  have  been exercised.

SECTION 2. Reservation of Shares. The Company covenants and agrees:

(i)     That  all  Shares  which  may  be issued upon the exercise of the rights
represented by this Warrant will, upon issuance, be fully paid and nonassessable
and  free  from  all taxes, liens and charges with respect to the issue thereof;
and

(ii)    That  during  the  period  within  which the rights represented by  this
Warrant  may  be  exercised,  the Company will at all times have authorized, and
reserved  for  the  purpose  of  issue  and delivery upon exercise of the rights
evidenced  by  this  Warrant,  a  sufficient number of shares of Common Stock to
provide  for  the  exercise  of  the  rights  represented  by  this  Warrant.

SECTION 3. Adjustment of the Warrant Exercise Price.

                    a.    Adjustments for Subdivision, Dividends, Combinations
                          ----------------------------------------------------
          or Consolidations of Common Stock.
          ---------------------------------

                         (i)  If  the  Corporation  shall  at  any  time or from
          time to time after the date that this Warrant is issued (the "Original
          Issue  Date") effect a combination or consolidation of the outstanding
          Common  Stock,  by reclassification or otherwise, into a lesser number
          of  shares  of  Common Stock, the Exercise Price in effect immediately
          prior  to  such  combination or consolidation shall, concurrently with
          the  effectiveness  of  such  combination  or  consolidation,  be
          proportionately  increased.

                         (ii) In  the  event  the  Corporation shall declare  or
          pay any dividend on the Common Stock payable in Common Stock or in the
          event  the  outstanding shares of Common Stock shall be subdivided, by
          reclassification  or otherwise than by payment of a dividend in Common
          Stock,  into  a greater number of shares of Common Stock, the Exercise
          Price  in  effect  immediately  prior  to such dividend or subdivision
          shall  be  proportionately  decreased.

                              a.   in  the  case  of  any  such  dividend,
          immediately  after  the  close  of business on the record date for the
          determination  of  holders  of  any  class  of  securities entitled to
          receive  such  dividend,  or

                              b.   in  the  case  of  any  such  subdivision, at
          the  close  of business on the date immediately prior to the date upon
          which  such  corporate  action  becomes  effective.

                                        3
<PAGE>
                         If  such  record  date  shall  have been fixed and such
          dividend  shall  not  have been fully paid on the date fixed therefor,
          the  adjustment  previously made in the applicable Exercise Price that
          became effective on such record date shall be canceled as of the close
          of  business  on  such  record  date,  and  thereafter  the applicable
          Exercise  Price  shall be adjusted as of the time of actual payment of
          such  dividend.

                    b.   Adjustment  for  Other  Dividends and Distributions. If
                         ---------------------------------------------------
          the  Corporation  at  any time or from time to time after the Original
          Issue  Date  makes,  or  fixes  a record date for the determination of
          holders  of  Common  Stock  entitled  to  receive, a dividend or other
          distribution  payable  in  securities  of  the  Corporation other than
          shares  of Common Stock, in each such event provision shall be made so
          that the holder of the Warrant shall receive upon Exercise thereof, in
          addition to the number of shares of Common Stock receivable thereupon,
          the  amount  of other securities of the Corporation that it would have
          received  had  its Warrant been exercised for Common Stock on the date
          of  such  event and had it thereafter, during the period from the date
          of  such  event  to  and  including  the  exercise date, retained such
          securities receivable by them as aforesaid during such period, subject
          to  all  other  adjustments  called  for during such period under this
          Section  3  with respect to the rights of the holder of the Warrant or
          with  respect  to  such  other  securities  by  their  terms.

                    c.   Adjustment  for  Reclassification,  Exchange  and
                         -------------------------------------------------
          Substitution.  If  at any time or from time to time after the Original
          ------------
          Issue Date, the Common Stock issuable upon the exercise of the Warrant
          is  changed into the same or a different number of shares of any class
          or  classes of stock, whether by recapitalization, reclassification or
          otherwise  (other than a subdivision or combination of shares or stock
          dividend  or a reorganization, merger, consolidation or sale of assets
          provided  for  elsewhere  in  this  Section  3), in any such event the
          holder  of  this  Warrant  shall have the right thereafter to exercise
          this Warrant for the kind and amount of stock and other securities and
          property  receivable  upon  such recapitalization, reclassification or
          other  change  by  holders  of  the maximum number of shares of Common
          Stock  into  which  this Warrant could have been exercised immediately
          prior  to  such  recapitalization,  reclassification  or  change,  all
          subject  to  further  adjustment as provided herein or with respect to
          such  other  securities  or  property  by  the  terms  thereof.

                    d.   Certificate  as  to Adjustments. Upon the occurrence of
                         -------------------------------
          each  adjustment  or  readjustment  of the Exercise Prices pursuant to
          this  Section 3, the Corporation at its expense shall promptly compute
          such  adjustment  or  readjustment in accordance with the terms hereof
          and  furnish  to each holder of a Warrant, a certificate setting forth
          such  adjustment  or readjustment and showing in detail the facts upon
          which such adjustment or readjustment is based. The Corporation shall,
          upon  the  written  request  at  any  time of any holder of a Warrant,
          furnish  or  cause  to  be furnished to such holder a like certificate
          setting  forth  (i)  such  adjustments  and  readjustments,  (ii)  the
          Exercise  Prices  at  the  time  in  effect,

                                        4
<PAGE>
          and (iii) the number of shares of Common Stock and the amount, if any,
          of  other  property  which  at  the  time  would  be received upon the
          exercise  of  the  Warrant.

SECTION  4.     Adjustments  of  Number  of Shares Issuable Upon Exercise.  Upon
each  adjustment  of the Exercise Price pursuant to Section 3 hereof, the holder
of  this Warrant shall thereafter (until another such adjustment) be entitled to
purchase,  at  the adjusted Exercise Price in effect on the date purchase rights
under  this  Warrant  are  exercised,  the  number  of  Shares  of Common Stock,
calculated  to  the  nearest number of shares, determined by (a) multiplying the
number  of Shares of Common Stock purchasable hereunder immediately prior to the
adjustment  of  the  Exercise  Price by the Exercise Price in effect immediately
prior  to  such  adjustment,  and  (b)  dividing  the product so obtained by the
adjusted  Exercise  Price  in  effect  on  the  date  of  such  exercise.

SECTION  5.     Fractional  Interests.  Except  as provided in Section 1, if any
fraction  of  a  Share  is issuable on the exercise of this Warrant, the Company
shall  be  required  to and shall issue such fractional Share on the exercise of
this  Warrant.

SECTION  6.     No  Rights  as  Shareholder.  Nothing  contained in this Warrant
shall  be  construed as conferring upon the Holder or his transferees any rights
as  a  shareholder  of  the  Company.

SECTION  7.     Successors.  All the covenants and provisions of this Warrant by
or  for  the  benefit  of  the Company or the Holder shall bind and inure to the
benefit  of  their  respective  successors  and  assigns  hereunder.

SECTION  8.     Applicable  Law.  This  Warrant shall be deemed to be a contract
made  under  and construed in accordance with the laws of the State of Delaware.

SECTION  9.     Benefits.  This  Warrant  shall  not be construed to give to any
person  or  corporation  other  than  the  Company  and  the Holder any legal or
equitable  right,  remedy or claim under this Warrant, and this Warrant shall be
for  the  sole  and  exclusive  benefit  of  the  Company  and  the  Holder.

SECTION 10.     Transferability.  This Warrant shall not be transferrable by the
Holder  for  a  period  of  one  (1) year from the date of issue. Thereafter, no
transfer  of  this Warrant shall be effective unless and until registered on the
books  of the Company maintained for such purpose, and the Company may treat the
registered holder as the absolute owner of this Warrant for all purposes and the
person  entitled to exercise the rights represented hereby.  No such transfer of
this  Warrant  shall  be  effective  unless  prior  to any transfer or attempted
transfer  of  Warrant, or any interest herein, the Holder shall give the Company
written  notice  of  his  or its intention to make such transfer, describing the
manner  of  the  intended  transfer and the proposed transferee.  Promptly after
receiving  such  written  notice,  the  Company  shall present copies thereof to
counsel for the Company and to any special counsel designated by the Holder.  If
in  the  opinion  of  each of such counsel the proposed transfer may be effected
without  registration  of  either  the  Warrant  or the Common Stock purchasable
hereunder under applicable federal or state securities laws (or other applicable
jurisdiction's  law),  the Company, as promptly as practicable, shall notify the
Holder  of  such  opinions,  whereupon  this  Warrant (or the interests therein)
proposed  to be transferred shall be transferred in accordance with the terms of
said  notice.  The  Company  shall

                                        5
<PAGE>
not  be  required  to  effect  any  such  transfer  prior to the receipt of such
favorable  opinion(s);  provided, however, the Company may waive the requirement
that  Holder  obtain an opinion of counsel, in its sole and absolute discretion.
As a condition to such favorable opinion, counsel for the Company may require an
investment  letter to be executed by the proposed transferee.  Any transferee of
this  Warrant,  by acceptance hereof, agrees to be bound by all of the terms and
conditions  of  this  Warrant.

SECTION 11.     Investment Representation and Legend.  Each Holder by acceptance
of  this  Warrant  represents  and  warrants  to  the Company that the Holder is
acquiring  this  Warrant,  and  unless  at  the  time of exercise a registration
statement  under  the  Securities  Act  of  1933,  as amended, is effective with
respect to the Shares, that upon the exercise hereof the Holder will acquire the
Shares  issuable upon such exercise, for investment purposes only and not with a
view  towards  the  resale  or  other  distribution  thereof.

The  Holder  by  acceptance  of  this Warrant agrees that the Company may affix,
unless  the  Shares issuable upon exercise of this Warrant are registered at the
time  of  exercise,  the  following  legend  to certificates for Shares upon the
exercise  of  this  Warrant:

     The  securities  represented  by  this certificate have not been registered
under  the  Securities  Act  of  1933  (the "Securities Act"), and have not been
registered  under  any state or other jurisdiction's securities law, and may not
be  offered, sold, transferred, encumbered or otherwise disposed of unless there
is  an  effective  registration  statement  under  the  Securities  Act  and any
applicable  state  securities  laws,  or other jurisdiction, relating thereto or
unless,  in  the opinion of counsel acceptable to the Company, such registration
is  not  required.

     IN  WITNESS  WHEREOF,  the Company has duly authorized the issuance of this
Warrant  as  of  November  12,  2002.

                                       theglobe.com,  Inc.

                                       By: ______________________________
                                       Name: ____________________________
                                       Title: ___________________________

                                        6
<PAGE>

                                   SCHEDULE A

                               THEGLOBE.COM, INC.

                                  EXERCISE FORM

theglobe.com, Inc.
110 East Broward Blvd.
Suite 1400
Ft. Lauderdale, FL 33301

The  undersigned  hereby  irrevocably  elects  to exercise the right of purchase
represented by the attached Warrant for, and to purchase thereunder, ____ of the
Shares provided for therein (originally, _____ of the ___________ Shares, and as
presently  adjusted  pursuant  to Section 3 thereof, ______ of the _____Shares),
and  requests  that  certificates  for  such Shares be issued in the name of the
undersigned  and  addressed  as  follows:

                    _______________________________________

                    _______________________________________

                    _______________________________________

                    _______________________________________
                        (Please Print Name, Address, and
                  Social Security or Tax Identification Number)

Dated: ________________, 20___.

Name of Warrantholder:        __________________________________________________
                              (Must be the same as that on the books and records
                              of the Company)

Signature:
                              __________________________________________________

<PAGE>EMPLOYMENT AGREEMENT

     AGREEMENT,  dated  as  of  November  12, 2002, by and between theglobe.com,
inc.,  a  Delaware  corporation (the "Company"), and Brian Fowler ("Executive").

IN  CONSIDERATION  of the premises and the mutual covenants set forth below, the
parties  hereby  agree  as  follows:

     1.  Employment.  The Company hereby agrees to employ Executive as the Chief
         -----------
Technical  Officer of the Company (the "CTO"), and Executive hereby accepts such
employment,  on  the  terms  and  conditions  hereinafter  set  forth.

     2.  Term.  The  period of employment of Executive by the Company under this
         -----
Agreement  (the  "Employment  Period")  shall  commence  on the date hereof (the
"Commencement  Date")  and shall continue through the first anniversary thereof;
provided,  that,  the  Employment Period shall automatically extend for one year
unless  either the Company or Executive provides written notice to the other not
to further extend the Employment Period thirty (30) days prior to the expiration
of  the  term.

     3. Position and Duties. During the Employment Period, Executive shall serve
        --------------------
as  Chief  Technical Officer, and shall report either to the Company's President
or  Chief  Executive  Officer.  Executive shall devote 100% of his working time,
attention  and energies during normal business hours (other than absences due to
illness  or  vacation)  to his duties as Chief Technical Officer of the Company.

     4.  Place  of  Performance.  The principal place of employment of Executive
         -----------------------
shall  be  at  the  Company's  principal  executive  offices in Fort Lauderdale,
Florida,  or  any  other  offices  deemed  necessary  by  the Company's Board of
Directors.

     5.  Compensation  and  Related  Matters.
         ------------------------------------

         (a)   Base  Salary. During the Employment Period, the Company shall pay
               -------------
Executive  a base salary at the rate of not less than US$125,000 per year ("Base
Salary").  Executive's  Base  Salary  shall  be  paid  in  approximately  equal
semi-monthly  installments  in  accordance  with the Company's customary payroll
practices.  The  Board of Directors of the Company (the "Board") may at its sole
discretion  review  Executive's Base Salary for increase annually and consistent
with  the  compensation  practices and guidelines of the Company. If Executive's
Base  Salary  is increased by the Company, such increased Base Salary shall then
constitute  the  Base  Salary for all purposes of this Agreement. In addition to
Base  Salary,  Executive  may be eligible for certain bonus payments at the sole
discretion  of  the  Board  of  Directors.

         (b)   Expenses.  The Company shall promptly reimburse Executive for all
               ---------
reasonable  business  expenses  upon  the  presentation  of  reasonably itemized
statements  of  such  expenses  in  accordance  with  the Company's policies and
procedures  now in force or as such policies and procedures may be modified with
respect  to  all  employees  of  the  Company.

<PAGE>
         (c)   Vacation.  Executive  shall  be  entitled  to  (3)  weeks of paid
               ---------
vacation  per year. Unused vacation may not be carried over from one year to the
other.  In  addition  to  vacation, Executive shall be entitled to sick days and
personal  days  in  accordance  with  Company  policy.

         (d)  Benefits. Executive shall be entitled to receive the same benefits
              ---------
offered  by  the  Company from time to time to other employees of the Company at
the  same  level  as  the Executive, which at the date hereof are those benefits
described  in  Schedule  A  hereto.

     6.  Termination.  Executive's employment hereunder may be terminated during
         ------------
the  Employment  Period  under  the  following  circumstances:

         (a)   Death.  Executive's employment hereunder shall terminate upon his
               ------
death.

         (b)   Disability.  If,  as  a  result  of Executive's incapacity due to
               -----------
physical  or  mental  illness, Executive shall have been substantially unable to
perform  his  duties  hereunder  for  an  entire period of three (3) consecutive
months, and within thirty (30) days after written Notice of Termination is given
after  such  three  (3)  month  period, Executive shall not have returned to the
substantial  performance  of  his duties on a full-time basis, the Company shall
have  the  right to terminate Executive's employment hereunder for "Disability",
and  such  termination  in and of itself shall not be, nor shall it be deemed to
be,  a  breach  of  this  Agreement.

         (c)   Cause.  The Company shall have the right to terminate Executive's
               ------
employment  for  Cause.  Cause  is  defined  as:

              (i)   final  conviction  of  or  plea of guilty or no contest to a
     felony  involving  moral  turpitude;  or

              (ii)   willful  misconduct  that  is  materially  and demonstrably
     injurious  economically  to  the  Company.

          (d)  Good  Reason.  Executive  may  terminate his employment for "Good
               -------------
Reason"  within  thirty  (30)  days  after Executive has actual knowledge of the
occurrence,  without  the  written  consent  of  Executive,  of  any breach of a
material  provision  of  this  Agreement  by  the  Company or any Affiliate. For
greater  certainty,  the  failure  of  the Executive to terminate his employment
within  thirty  (30)  days  of  his  actual knowledge of "Good Reason" shall not
preclude  the Executive from subsequently terminating his employment pursuant to
this  Section  6(d),  provided  that  he  does so within thirty (30) days of his
actual  knowledge  of  the  occurrence  or  reoccurrence  of  "Good  Reason".

          (e)  Without  Cause.  Subject to Section 10(a), the Company shall have
               ---------------
the  right  to  terminate  Executive's  employment  hereunder  without  Cause by
providing Executive with a Notice of Termination at least thirty (30) days prior
to  such  termination,  and  such termination shall not in and of itself be, nor
shall  it  be  deemed  to  be,  a  breach  of  this  Agreement.

          (e)  Without  Good Reason. Executive shall have the right to terminate
               ---------------------
his  employment  hereunder  without  Good Reason by providing the Company with a
Notice  of

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<PAGE>
Termination  at  least  thirty  (30)  days  prior  to such termination, and such
termination  shall  not  in  and  of  itself be, nor shall it be deemed to be, a
breach  of  this  Agreement.

     7.  Proprietary Information and Inventions.  Executive  acknowledges  that
         ---------------------------------------
any  proprietary  information  owned  by  the  Company  must  be  held in strict
confidence  both  during and after employment.  Executive also acknowledges that
any  inventions  or proprietary processes, patentable or otherwise, are and will
remain  the property of the Company.  Executive agrees to assign to theglobe.com
any  inventions  or  proprietary  processes,  patentable  or  otherwise, created
through  Executive's  work  with  the  Company.

     8.  Non-Compete. Executive shall not be permitted to seek employment in the
         ------------
Digital  Telephony  industry  in  any  capacity  for  a  period  of:

               (i)  One  (1)  year  following  termination  without Cause by the
     Company  or  resignation  for  Good  Reason  by  the  Executive.

               (ii)  Three  (3)  years  following  termination  for Cause by the
     Company  or  resignation  without  Good  Reason  by  the  Executive.

     9.  Termination  Procedure.
         -----------------------

         (a)   Notice  of Termination. Any termination of Executive's employment
               -----------------------
by  the  Company  or  by  Executive  during  the  Employment  Period (other than
termination pursuant to Section 6(a)) shall be communicated by written Notice of
Termination  to  the  other  party  hereto  in  accordance  with Section 13. For
purposes  of this Agreement, a "Notice of Termination" shall mean a notice which
shall  indicate the specific termination provision in this Agreement relied upon
and  shall set forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination of Executive's employment under the provision so
indicated.

         (b)   Date  of  Termination.  "Date  of  Termination" shall mean (i) if
               ----------------------
Executive's  employment  is terminated by his death, the date of his death, (ii)
if  Executive's  employment  is terminated pursuant to Section 6(b), thirty (30)
days  after  Notice  of  Termination,  and  (iii)  if  Executive's employment is
terminated  for  any  other reason, the date on which a Notice of Termination is
given  or  any  later  date  (within  thirty  (30) days after the giving of such
notice)  set  forth  in  such  Notice  of  Termination.

     10.  Compensation  Upon  Termination  or  During  Disability.  In the event
          --------------------------------------------------------
Executive is disabled or his employment terminates during the Employment Period,
the  Company  shall  provide  Executive with the payments and benefits set forth
below.  Executive  acknowledges  and  agrees that the payments set forth in this
Section  10  constitute  liquidated  damages  for  termination of his employment
during  the  Employment  Period.

         (a)   Termination  By  Company  without  Cause or By Executive for Good
               -----------------------------------------------------------------
Reason.  If Executive's employment is terminated by the Company without Cause or
-------
by  Executive  for  Good  Reason:

                                        3
<PAGE>
               (i)  within ten (10) days following such termination, the Company
     shall  pay  to  Executive (A) his Base Salary and bonus through the Date of
     Termination,  (B)  any  accrued  vacation  pay (clauses (A) and (B) of this
     Section  8(a)(i)  collectively  referred to as the "Accrued Benefits"); and
     (C)  his  Base  Salary  shall  continue  to be paid, consistent with normal
     payroll  practices for: (a) the number of months following such termination
     calculated as 12 less the number of months or part months that have elapsed
     since  the  Commencement Date, if such termination occurs within six months
     of  the Commencement Date; and (b) six months following such termination in
     all  other  cases.

(ii) the  Company shall reimburse Executive pursuant to Section 5 for reasonable
expenses  incurred,  but  not  paid prior to such termination of employment; and

         (b)   Cause  or  By  Executive  Without  Good  Reason.  If  Executive's
               ------------------------------------------------
employment  is  terminated  by the Company for Cause or by Executive (other than
for  Good  Reason):

               (i)  the  Company  shall  pay Executive his Accrued Benefits; and

               (ii)  the Company shall reimburse Executive pursuant to Section 5
     for reasonable expenses incurred, but not paid prior to such termination of
     employment;  and

          (c)  Disability. During any period that Executive fails to perform his
               -----------
duties  hereunder  as  a  result of incapacity due to physical or mental illness
("Disability  Period"), Executive shall continue to receive his full Base Salary
set forth in Section 5(a) until his employment is terminated pursuant to Section
6(b).  In the event Executive's employment is terminated for Disability pursuant
to  Section  6(b):

               (i)  the  Company shall pay to Executive his Accrued Benefits and
     continue  to  provide  continued  benefits  for  one  (1)  year;  and

               (ii)  the Company shall reimburse Executive pursuant to Section 5
     for reasonable expenses incurred, but not paid prior to such termination of
     employment;  and

         (d)   Death.  If  Executive's  employment  is  terminated by his death:
               ------

               (i)  the  Company  shall  pay  in  a  lump  sum  to  Executive's
     beneficiary,  legal  representatives  or  estate,  as  the  case  may  be,
     Executive's  Accrued  Benefits;  and

     11.  Arbitration. If any contest or dispute arises between the parties with
          ------------
respect to this Agreement, such contest or dispute shall be submitted to binding
arbitration  for  resolution  in Fort Lauderdale, Florida in accordance with the
rules  and procedures of the Employment Dispute Resolution Rules of the American
Arbitration  Association then in effect.

                                        4
<PAGE>
The  decision  of the arbitrator shall be final and binding on both parties, and
any  court  of  competent  jurisdiction  may  enter  judgment  upon  the  award.

     12.  Successors;  Binding  Agreement.
          -------------------------------

          (a)  Company's  Successors.  The  Company  may  assign or transfer its
               ----------------------
rights  and  obligations  under this Agreement to any of its successors (whether
direct  or  indirect,  by  purchase,  merger,  consolidation  or  otherwise).

          (b)  Executive's  Successors.  No  rights  or obligations of Executive
               ------------------------
under  this Agreement may be assigned or transferred by Executive other than his
rights  to payments or benefits hereunder, which may be transferred only by will
or  the  laws  of  descent  and  distribution.

     13.  Notice.  For  the purposes of this Agreement, notices, demands and all
          -------
other  communications  provided  for  in  this Agreement shall be in writing and
shall  be  deemed to have been duly given when delivered either personally or by
United  States  certified  or registered mail, return receipt requested, postage
prepaid,  addressed  as  follows:

          If to Executive:

          784 SW 158 Lane
          Sunrise, Florida
          33326

          If to the Company:

          110 East Broward Boulevard, Suite 1400
          Fort Lauderdale, Florida 33301
          Fax: (954) 769-5930

          Attention: Edward A. Cespedes

or  to  such  other  address  as  any  party may have furnished to the others in
writing  in  accordance herewith, except that notices of change of address shall
be  effective  only  upon  receipt.

     14.  Miscellaneous.  No  provisions  of  this  Agreement  may  be  amended,
          --------------
modified,  or  waived  unless  such  amendment  or  modification is agreed to in
writing signed by Executive and by a duly authorized officer of the Company, and
such  waiver  is  set forth in writing and signed by the party to be charged. No
waiver  by  either  party  hereto  at  any time of any breach by the other party
hereto  of  any condition or provision of this Agreement to be performed by such
other  party  shall  be  deemed  a waiver of similar or dissimilar provisions or
conditions  at  the  same  or  at any prior or subsequent time. No agreements or
representations,  oral  or  otherwise,  express  or implied, with respect to the
subject  matter  hereof  have  been made by either party which are not set forth
expressly  in  this  Agreement.  The  respective  rights  and obligations of the
parties  hereunder  of  this  Agreement shall survive Executive's termination of
employment and the termination of this Agreement to the extent necessary for the
intended  preservation  of  such  rights  and  obligations.  The  validity,
interpretation,  construction  and

                                        5
<PAGE>
performance  of  this  Agreement  shall  be governed by the laws of the State of
Florida  without  regard  to  its  conflicts  of  law  principles.

     15.  Validity.  The  invalidity  or  unenforceability  of  any provision or
          ---------
provisions  of this Agreement shall not affect the validity or enforceability of
any  other  provision  of  this  Agreement, which shall remain in full force and
effect.

     16.  Counterparts.  This  Agreement  may  be  executed  in  one  or  more
          -------------
counterparts,  each  of which shall be deemed to be an original but all of which
together  will  constitute  one  and  the  same  instrument.

     17.  Entire Agreement. Except as other provided herein, this Agreement sets
          -----------------
forth  the  entire  agreement  of  the  parties hereto in respect of the subject
matter contained herein and supersede all prior agreements, promises, covenants,
arrangements,  communications,  representations  or  warranties, whether oral or
written,  by  any  officer,  employee  or  representative of any party hereto in
respect  of  such  subject  matter.  Except  as other provided herein, any prior
agreement  of  the  parties  hereto  in  respect of the subject matter contained
herein  is  hereby  terminated  and  cancelled.

     18.  Withholding.  All  payments hereunder shall be subject to any required
          ------------
withholding  of Federal, state and local taxes pursuant to any applicable law or
regulation.

     19.  Noncontravention.  The  Company  represents  that  the  Company is not
          -----------------
prevented  from  entering into, or performing this Agreement by the terms of any
law,  order,  rule  or  regulation,  its by-laws or declaration of trust, or any
agreement  to  which  it  is a party, other than which would not have a material
adverse effect on the Company's ability to enter into or perform this Agreement.

     20.  Section  Headings.  The  section  headings  in  this Agreement are for
          ------------------
convenience of reference only, and they form no part of this Agreement and shall
not  affect  its  interpretation.

     21.  Conditions.  Employment of the Executive pursuant to this Agreement is
          -----------
conditional  upon the Company completing to its complete satisfaction background
investigations  of  the  Executive  and  upon  the  Executive  verifying  to the
Company's  satisfaction  his  eligibility for employment in the U.S. which meets
the  requirements  of the U.S. Department of Justice. Upon the execution of this
Agreement,  the  Executive  shall  provide  the  Company with: (i) a copy of the
Executive's  Social Security Card; (ii) proof of permanent residency in the U.S.
or,  if  the  Executive  is  a  U.S. citizen, a copy of a document proving legal
immigration  status;  and  (iii)  a  copy  of  the Executive's driver's license.

                                        6
<PAGE>
     IN  WITNESS WHEREOF, the parties hereto have executed this Agreement on the
date  first  above  written.

                                        theglobe.com, inc.

                                        By:
                                           -------------------------------------
                                            Name:
                                            Title:

                                        ----------------------------------------
                                        Executive

                                        7
<PAGE>

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