Document:

<PAGE>

Exhibit 10.8

                              SETTLEMENT AGREEMENT

                  SETTLEMENT AGREEMENT, dated the 27th day of June, 2000, by and
between Nina L. Cannon ("NLC"), and Omega Funding, Inc., a corporation
wholly-owned by NLC ("Omega"), both with offices at 5331 NW 26th Circle, Boca
Raton, FL 33496, and Enterprises Solutions, Inc., a Nevada ESI, with offices at
140 Wood Road, Suite 200, Braintree, MA 02184 ("ESI").

         WHEREAS, NLC is a director of ESI; and

         WHEREAS, Omega has outstanding loans to ESI in the amount of One
Hundred Twenty Seven Five Hundred Dollars ($127,500), with unpaid interest
thereon of Five Thousand Two Hundred Forty Three Dollars ($5,243.00) (the
"Loan"); and

         WHEREAS, NLC wishes to resign as a director of ESI, with an appropriate
indemnification agreement from ESI for any liabilities that may arise in the
future due to her having acted as a director of ESI; and

         WHEREAS, each of the parties could attempt to assert claims against the
other party; and

         WHEREAS, the parties desire to resolve all potential disputes with this
Settlement Agreement.

<PAGE>

         NOW, THEREFORE, in consideration of the agreements and covenants
contained herein, and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, it is agreed by and between the
parties as follows:

         1. Settlement of Obligations. The parties shall make full settlement of
outstanding obligations under the Agreement as follows:

         A. Loan. Concurrently with the execution of this Settlement Agreement,
ESI shall pay the amount of One Hundred Thirty Two Thousand Seven Hundred Forty
Three, ($132,743.00), to Omega in full settlement of the Loan, by wire transfer
as shall be directed by NLC in writing to ESI.

         B. Resignation from Board of Directors. NLC resigns effective
immediately with the execution of this Settlement Agreement as a member of the
Board of Directors of ESI.

         C. Indemnification. (i). Definitions. As used in this Settlement
Agreement:

            (a) The term "Proceeding" shall include any threatened, pending or
completed action, suit or proceeding, whether brought in the name of ESI or
otherwise and whether of a civil, criminal or administrative or investigative
nature, by reason of the fact that NLC is or was an officer and/or director of
ESI, or is or was serving at the request of ESI as an officer and/or director,
employee or agent of another enterprise, whether or not she is serving in such
capacity at the time and liability or expense is incurred for which
indemnification or reimbursement is to be provided under this Agreement.

            (b) The term "Expenses" includes, without limitation, attorneys'
fees, disbursements and retainers, accounting and witness fees, travel and
deposition costs, expenses of investigations, judicial or administrative
proceedings or appeals, amounts paid in settlement by or on behalf of NLC, and
any expenses of establishing a right to indemnification pursuant to this
Agreement or otherwise including reasonable compensation for time spent by NLC
in connection with the investigation, defense or appeal of a Proceeding or
action for indemnification for which she is not otherwise compensated by ESI or
any third party. The term "Expenses"does not include the amount of judgments,
fines, penalties or ERISA excise taxes actually levied against NLC.

<PAGE>

         (ii) Indemnification in Third Party Actions. ESI shall indemnify NLC in
accordance with the provisions of this section if NLC is a party to or
threatened to be made a party to or otherwise involved in any Proceeding (other
than a Proceeding by or in the name of ESI to procure a judgment in its favor),
by reason of the fact that NLC is or was an officer and/or director of ESI, or
is or was serving at the request of ESI as an officer and/or director, employee
or agent of another enterprise against all expenses, judgments, fines, penalties
and ERISA excise taxes actually and reasonably incurred by NLC in connection
with the defense or settlement of such Proceeding, to the fullest extent
permitted by Nevada law; provided that any settlement be approved in writing by
ESI.

         (iii) Indemnification in Proceedings or by or in the name of ESI. ESI
shall indemnify NLC in accordance with the provisions of this section if NLC is
a party to or threatened to be made a party to or otherwise involved in any
Proceeding by or in the name of ESI to procure a judgment in its favor by reason
of the fact that NLC was or is in officer and/or director of ESI, or is or was
serving at the request of ESI as an officer and/or director, employee or agent
of another enterprise, against all Expenses actually and reasonably incurred by
NLC in connection with the defense or settlement of such Proceeding, to the
fullest extent permitted by Nevada law.

         (iv) Conclusive Presumption Regarding Standard of Conduct. NLC shall be
conclusively presumed to have met the relevant standards of conduct as defined
by Nevada law for indemnification pursuant to this Agreement, unless a
determination is made that NLC has not met such standards by (1) the Board of
Directors of ESI by a majority vote of a quorum thereof consisting of directors
who were not parties to the Proceeding which gives rise to claim made under this
Agreement, (2) by the stockholders of ESI by majority vote of a quorum thereof
consisting of stockholders who are not parties to the Proceeding which gives
rise to claim made under this Agreement, or (3) in a written opinion by
independent legal counsel.

<PAGE>

         (v) Indemnification of Expenses of Successful Party. Notwithstanding
any other provisions of this Agreement, to the extent that NLC has been
successful in defense of any Proceeding or in defense of any claim, issue or
matter therein, on the merits or otherwise, including the dismissal of a
Proceeding without prejudice, NLC shall be indemnified against all Expenses
incurred in connection therewith to the fullest extent permitted by Nevada law.

         (vi) Advances of Expenses. The Expenses incurred by NLC in any
Proceeding shall be paid promptly by ESI in advance of the final disposition of
the Proceeding at the written request of NLC to the fullest extent permitted by
Nevada law; provided that as long as Nevada law requires such an undertaking,
NLC shall undertake in writing to repay such amount to the extent that it is
ultimately determined that NLC is not entitled to indemnification.
Notwithstanding the foregoing or any other provision of this Agreement, no
advance shall be made by ESI if a determination is reasonably and promptly made
by the Board of Directors by a majority vote of a quorum thereof consisting of
directors who are not parties to the Proceeding, based upon the facts known to
the Board at the time such determination is made, that NLC acted in bad faith or
deliberately breached her duty to ESI and the stockholders, and as a result of
such action by NLC, it is more likely than not it will ultimately be determined
that NLC is not entitled to indemnification under the terms of this Agreement.

<PAGE>

         (vii) Partial Indemnification. If NLC is entitled under any provision
of this Agreement to indemnification by ESI for some or a portion of the
Expenses, judgments, fines, penalties or ERISA excise taxes actually and
reasonably incurred by her in the investigation, defense, appeal or settlement
of any Proceeding but not, however, for the total amount thereof, ESI shall
nevertheless indemnify NLC for the portion of such Expenses, judgment, fines,
penalties or ERISA excise taxes to which NLC is entitled.

         (viii) Indemnification Procedure; Determination of Right to
Indemnification.

          (a) Promptly after receipt by NLC of notice of the commencement of any
Proceeding, NLC will, if a claim in respect thereof is to be made against ESI
under this Agreement, notify ESI of the commencement thereof. The omission so to
notify ESI will not relieve it from any liability which it may have to NLC
otherwise than under this Agreement.

          (b) If a claim under this Agreement is not paid by ESI within thirty
(30) days of receipt of written notice, the right to indemnification as provided
by this Agreement shall be enforceable by NLC in any court of competent
jurisdiction.

          (c) NLC's Expenses incurred in connection with any Proceeding
concerning her right to indemnification or advances in whole or in part pursuant
to this Agreement shall also be indemnified by ESI regardless of the outcome of
such Proceeding, unless a court of competent jurisdiction determines that each
of the material assertions made by NLC in such Proceeding was not made in good
faith or was frivolous.

          (d) With respect to any Proceeding for which indemnification is
requested, ESI will be entitled to participate therein at its own expense and,
except as otherwise provided below, to the extent that it may wish, ESI may
assume the defense thereof, with counsel reasonably satisfactory to NLC. After
notice from ESI to NLC of its election to assume the defense of a Proceeding,
ESI will not be liable to NLC under this Agreement for any legal or other
expenses subsequently incurred by NLC in connection with the defense thereof,
other than reasonable costs of investigation or as otherwise provided below. ESI
shall not settle any Proceeding in any manner which would impose any penalty or
limitation on NLC without NLC's written consent. NLC shall have the right to
employ her own counsel in any Proceeding but the fees and expenses of such
counsel incurred after notice from ESI of its assumption of the defense thereof
shall be at the expense of NLC, unless (1) the employment of counsel by NLC has
been authorized by ESI, (2) NLC shall have reasonably concluded that there may
be a conflict of interest between ESI and NLC in the conduct of the defense of a
Proceeding (and such conclusion is concurred in by independent counsel selected
by ESI); or (3) ESI shall not in fact have employed counsel to assume the
defense of a Proceeding, in each of which cases the fees and expenses of NLC's
counsel shall be at the expense of ESI.

<PAGE>

     (ix) Limitations on Indemnification. No payments pursuant to this
Settlement Agreement shall be made by ESI:

          (a) To indemnify or advance Expenses to NLC with respect to
Proceedings initiated or brought voluntarily by NLC and not by way of defense,
except with respect to Proceedings brought to establish or enforce a right to
indemnification under this Agreement or any other statute or law or otherwise as
required under Nevada law, but such indemnification or advancement of Expenses
may be provided by ESI in specific cases if the Board of Directors finds it to
be appropriate;

          (b) To indemnify NLC for any Expenses, judgments, fines, penalties or
ERISA excise taxes for which payment is actually made to NLC under a valid and
collectible insurance policy, except in respect of any excess beyond the amount
of payment under such policy;

<PAGE>

          (c) To indemnify NLC for any Expenses, judgments, fines or penalties
sustained in any Proceeding for an accounting of profits made from the purchase
or sale by NLC of securities of ESI pursuant to the provisions of Section 16(b)
of the Securities Exchange Act of 1934, the rules and regulations promulgated
thereunder and amendments thereto, or similar provisions of any federal, state
or local statutory law;

          (d) To indemnify NLC for any Expenses, judgments, fines, penalties or
ERISA excise taxes resulting from NLC's conduct which is finally adjudged to
have been willful misconduct, knowingly fraudulent or deliberately dishonest; or

          (e) If a court of competent jurisdiction shall finally determine that
any indemnification hereunder is lawful.

         2. Release by NLC. In consideration for repayment of the Loan and the
indemnification agreement as provided hereinabove and the agreements of ESI made
as provided herein, NLC, as releasor, remises, releases and forever discharges
ESI, its respective agents, representatives, directors, officers, counsel, and
successors and assigns, jointly and severally, from any and all debts, demands,
actions, causes of action, suits, damages, claims and liabilities based on
matters of whatever kind or nature, known or unknown, suspected or unsuspected,
accrued or unaccrued, whether in law, equity or otherwise, and whether under
contract, warranty, tort or otherwise, which NLC ever had, now has or may have,
claim or assert from the beginning of the world to the date of this Settlement
Agreement, excepting for the obligations of ESI under this Settlement Agreement
and except for options covering 35,000 shares of ESI Common Stock granted to
NLC.

<PAGE>

         3. Release by ESI. In consideration of the agreements of NLC made as
provided herein, ESI, as releasor, remises, releases and forever discharges NLC,
her respective agents, representatives, successors and assigns, jointly and
severally, from any and all debts, demands, actions, causes of action, suits,
damages, claims and liabilities based on matters relating to the Agreement of
whatever kind or nature, known or unknown, suspected or unsuspected, accrued or
unaccrued, whether in law, equity or otherwise, and whether under contract,
warranty, tort or otherwise, which ESI ever had, now has or may have, claim or
assert from the beginning of the world to the date of this Settlement Agreement,
excepting for the obligations of NLC under this Settlement Agreement.

         4. Confidential Treatment. Except as required by law or applicable
regulation, including applicable disclosure requirements under the Securities
Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended,
this Settlement Agreement, and the terms hereof, shall be maintained in
confidence by the parties and shall not be disclosed to any third party. Neither
NLC nor ESI shall discuss this Settlement Agreement nor any of the transactions
leading up to this Settlement Agreement with any other person, other than their
respective counsel.

         4. Agreement Represents Compromise. This Settlement Agreement
represents a compromise of disputed claims and is not to be deemed or construed
to be an admission of liability or of the truth of any fact on the part of any
party. By this Settlement Agreement, the parties intend merely to avoid the
potential for protracted dispute.

<PAGE>

         5. Governing Law. This Settlement Agreement shall be construed under
the laws of the State of Nevada pertaining to contracts made and to be performed
in Nevada.

         6. Entire Agreement. This Settlement Agreement embodies the entire
agreement of the parties on the subject matter hereof and supersedes and
replaces all prior agreements between the parties regarding these matters. It
may not be changed or modified orally, but only by a writing signed by each of
the parties to be bound by such changes or modification.

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

<PAGE>

         IN WITNESS WHEREOF, the parties have set their hands and seals to this
Settlement Agreement which is effective as of the day and year first above
written.

                                                 ENTERPRISES SOLUTIONS, INC.

                                                 By:  /s/ John A. Solomon
                                                     ---------------------------
                                                       Title: President and CEO

                                                 OMEGA FUNDING, INC.

                                                 By: __________________________
                                                          Title:

                                                 _______________________________
                                                          Nina L. Cannon<PAGE>

EXHIBIT 10.9

DATE: September 12, 2000

PARTIES:

1       VICTOR CHANDLER INTERNATIONAL a Gibraltar Corporation with offices at
        Chandler House, Leanse, 50 Town Range, Gibraltar ("Chandler").

2.      ENTERPRISES SOLUTIONS INCORPORATED a Nevada corporation with offices at
        140 Wood Road, Braintree, Massachusetts 02184 ("ESI").

INTRODUCTION:

A.      Chandler is involved in bookmaking outside the United States of America.

B.      Chandler wishes to develop its bookmaking businesses by providing it
        services over the Internet to:

        (1)  Persons using personal computers, televisions and WAP mobile
             telephones outside the United States.

        (2)  Persons using devices installed in places such as restaurants and
             hotels outside the United States.

C.      For Chandler to develop this business, new technology is required. Those
        placing bets will need to hold cards for use in devices and the
        transactions entered into will need to be secure.

D.      ESI develops Internet security products and owns the rights to security
        products and supporting computer hardware.

E.      ESI believes it can develop the technology necessary for Chandler to
        develop its business.

F.      Chandler and ESI wish to record an Agreement as to:

        (1)  The manner in which ESI will develop technology.
        (2)  The ability of Chandler to purchase the benefit of that technology
             for Chandler and its Associated Companies.
        (3)  Ownership and use of the technology that is produced.
        (4)  Confidentiality and protection of ESI's proprietary and trade
             secret information.

<PAGE>

AGREEMENT in consideration of the mutual promises herein contained and other
valuable consideration, the parties hereto agree as follows:

1.       DEFINITIONS

1. 1.    In this Agreement:

         "Affirmation" means an election by Chandler in accordance with this
         Agreement to require ESI to continue to perform all of its obligations
         arising under this Agreement and with the consequence that Chandler
         will become obliged to make a payment to ESI in accordance with clause
         8 of this Agreement.

         "Associated Companies" means any company which is a subsidiary of the
         group holding company of which Chandler is a member.

         "Background Technology" means technology which ESI intends to use in
         performance of this Agreement, which is owned or licensed to ESI with a
         right to sublicense, and which is in existence in the form of writing
         or working prototype prior to the effective date of this Agreement.

         "Chandler's Specification" is the specifications appearing in Schedule
         1 to this Agreement.

         "ISP" means Internet Service Provider.

         "OEM" means Original Equipment Manufacturer.

         "POP Devices" means a device which (1) is about the size of a cigarette
         packet, (2) can be used by the public for Internet betting or gaming
         transactions, (3) is able to be connected to televisions, personal
         computers and WAP mobile telephones, (4) is ISP dialler enabled and (5)
         is used in conjunction with a Secure One-Way Payment System.

                                       2
<PAGE>

         "Public Access Gaming Devices" or "PAG" means a device which (1) is
         about the size of a cigarette packet, (2) can be used by the public for
         Internet betting or gaming transactions, (3) is able to be connected to
         televisions, personal computers and WAP mobile telephones, (4) is ISP
         dialler transactions enabled and (5) is used in conjunction with a
         Secure Two-Way Payment System.

         "Secure One-way Payment System" means a payment processing system
         (allowing the holder of a Sports Card, credit card or debit card to
         credit a Chandler account) for use in conjunction with high assurance
         security technology.

         "Secure Two-way Payment System" means a payment processing system
         (allowing (1) the holder of a Sports Card, credit card or debit card to
         credit a Chandler account and (2) Chandler to credit Sports Cards, and
         the accounts of holders of credit cards and debit cards) for use in
         conjunction with high assurance security technology.

         "Security Boards" means installable PCI based computer cards which
         enhance the basic security architecture of the standard PC platform
         such that Internet gaming transactions are secure and that Secure
         One-way Payment Systems and Secure Two-way Payment System operate
         effectively.

         "Sports Card" means a small personal payment card (PEP card) to be held
         by members of the public for insertion into POP and PAG Devices for the
         purposes of Internet betting or gaming transactions.

         "Sports Card Readers" means a processing device installed in POP and
         PAG Devices which reads data from Sports Cards, credit cards and debit
         cards and writes data to Sports Cards.

         "Sports Card Technology" means high assurance security technology
         developed by ESI for Chandler and includes Sports Cards, POP Devices,
         PAG Devices, Sports Card Readers, Security Boards, Secure One-way
         Payment Systems and Secure Two-way Payment Systems and all software
         necessary to enable the aforementioned to operate in a functionally
         secure manner.

                                        3

<PAGE>

         "VPN" as used in this Agreement means Virtual Private Network.

         "WAP" means Wireless Application Protocol.

2.      TERM

2.1.    This Agreement shall commence on the date of signing of this Agreement
        and continue until each party has satisfied their respective obligations
        under the Agreement or the Agreement is terminated.

3.      MUTUAL OBLIGATIONS

3.1.    Chandler and ESI shall co-operate in the development of Sports Card
        Technology.

3.2.    Each party agrees to use reasonable efforts to refrain from taking
        action that injures the good reputation of the other party.

4.      ESI'S OBLIGATIONS

4.1.    ESI shall develop all of the Sports Card Technology required by Chandler
        for use in Internet betting or gaming transactions conducted by Chandler
        with the public.

4.2.    ESI shall develop the Sports Card Technology to Chandler's
        Specification.

4.3.    Chandler's Specification may be amended at any time by Chandler so long
        as Chandler and ESI first agree in writing how any costs resulting from
        the amendment are to be borne and how such amendments will impact on the
        deadlines contained in this Agreement.

4.4.    In the event that Chandler is required to amend Chandler's Specification
        by reason of the failure or inability of ESI to meet Chandler's
        Specification as agreed, any costs resulting from the amendment are to
        be borne by ESI and any delay will only be permitted if agreed in
        writing by Chandler and ESI.

4.5.    ESI shall develop the Sports Card Technology required by Chandler in
        three stages as follows:

        4.5.1. Stage 1

               (a)    The requirements below are to be completed by 150 days
                      from the date of execution of this Agreement, which time
                      is of the essence,

                                        4

<PAGE>

               (b)    ESI shall develop a Secure One-way Payment System.

               (c)    ESI shall produce trial Sports Card Technology
                      (incorporating a Secure One-way Payment system) for use in
                      POP Devices distributed to users determined by Chandler.

               (d)    The trial Sports Card Technology will be supported by high
                      assurance security network appliances (including EGuard
                      Secure VPN Controllers) supplied by ESI to secure a Secure
                      One-way Payment System between POP Devices and Chandler's
                      processing facilities.

               (e)    ESI will also supply ESI produced remote console
                      administration utilities to be run on standard Windows NT
                      client platforms.

         4.5.2. Stage 2

               (a)    The requirements below are to be completed by the ten (10)
                      months from the date of execution of this Agreement, which
                      time is of the essence.

               (b)    ESI shall develop a Secure Two-way Payment System.

               (c)    ESI shall refine the Sports Card Technology (incorporating
                      the Secure Two-way Payment System) to allow Chandler OEM
                      rights to distribute and sell Sports Card Technology for
                      use in PAG Devices for the purposes of allowing the public
                      to enter into Internet betting or gaming transactions with
                      Chandler.

               (d)    ESI shall develop technology for localised interfaces to
                      banking systems selected by Chandler through an Internet
                      Service Provider to allow for the proper operation of the
                      Secure Two-way Payment System.

               (e)    ESI shall develop interfaces with established banking
                      systems that are deployed through a secure ESI network in
                      conjunction with the facilities of an Internet Service
                      Provider.

         4-5.3. Stage 3

                                        5

<PAGE>

               (a)    The requirement below is to be completed by a time to be
                      agreed.

               (b)    ESI shall co-operate with Chandler as to the development
                      of new product lines for the mutual benefit of both
                      parties.

4.6.     ESI represents that its Security Boards and Sports Card Technology to
         be developed hereunder will meet or exceed the state-of-the-art
         technology for Internet security products and incorporates the highest
         degree of security reasonably feasible to protect against fraud and
         third-party interception and interference with the payment transaction.

4.7.     ESI agrees not to market, sell, licence, sub-licence, transfer or
         assign, or develop any competing Sports Card Technology for use in the
         Internet betting and/or gaming industry for the term of this Agreement
         and, in the event of Affirmation at the end of Stage 1, until 30 June
         2004 (irrespective of whether Chandler affirms or terminates at the end
         of Stage 2). It is not intended that this paragraph restrict ESI from
         creating, developing, acquiring, licensing, selling, or distributing
         security technologies or secure payment systems based on any ESI
         developed technologies supporting this agreement, for use in markets or
         industries other than Internet betting and gaming.

5.       CHANDLER'S OBLIGATIONS

5.1.     Chandler may only distribute the Sports Card Technology to its
         Associated Companies if the Associated Companies first execute
         confidentiality agreements. Such agreements shall be on the same terms
         as those appearing in clause 12 of this agreement.

5.2.     Chandler shall co-operate with ESI in the development of the Sports
         Card Technology in stages as follows:

         5.2.l. Stage I

               (a)    The requirement below is to be completed by 150 days after
                      the execution of this Agreement, which time is of the
                      essence.

               (b)    Chandler shall produce and establish a distribution system
                      for POP Devices.

                                        6

<PAGE>

        5.2.2.  Stage 2

               (a)    The requirements below are to be completed by the end of
                      June 2001 which time is of the essence.

               (b)    Chandler shall co-operate with ESI in establishing
                      localized interfaces to banking systems through an
                      Internet Service Provider to allow for the proper
                      operation of the Secure Two-way Payment System.

               (c)    Chandler shall control betting and gaming profiles through
                      ESI provided Authentication Servers from Chandler's
                      central processing facilities.

        5.2.3. Stage 3

               (a)    The requirement below is to be completed by a time to be
                      agreed.

               (b)    Chandler shall co-operate with ESI as to the development
                      of new product lines for the mutual benefit of both
                      parties.

6.      WARRANTIES

6.1.    The parties warrant, each to the other, that they are able to meet all
        of  their obligations which are expressed in or implied by this
        Agreement.

7.      EARLY TERMINATION OR AFFIRMATION

7.1.    Prior to the conclusion of Stage 1:

        7.1.1.    ESI shall bear the costs, risks and liabilities it incurs as a
                  result of its obligations and efforts under this Agreement.

        7.1.2.    Chandler shall have the right to terminate this Agreement
                  without liability.

7.2.    At the conclusion of Stage 1 and Stage 2 Chandler will exercise, at ds
        sole discretion, a right to:

        7.2.1.    Require ESI to continue to perform all of its obligations
                  arising under the Agreement ("Affirmation"); or

        7.2.2.    Terminate the Agreement.

                                        7
<PAGE>

7.3.   In the event of Affirmation at the conclusion of Stage 1, Chandler shall
       be required to make payment to ESI in accordance with this Agreement.

7.4.   In the event of Affirmation at the conclusion of Stage 2, Chandler shall
       be required to make a further payment to ESI in accordance with this
       Agreement.

7.5.   Affirmation by Chandler shall in no way affect any rights to terminate
       that Chandler may have or which may arise.

8.      PAYMENT AND DELIVERY

        8. 1.     In the event of Affirmation at the conclusion of Stage 1,
                  Chandler shall become liable to:

                  8.1.1. Make payment to ESI for the Stage 1 Sports Card
                  Technology.

                  8.1.2. Purchase from ESI a minimum of 10,000 POP Devices.

8.2. In the event of Affirmation at the conclusion of Stage 2, Chandler shall
become liable to

                  8.2.1. Make payment to ESI for the Stage 2 Sports Card
                  Technology.

                  8.2.2. Purchase from ESI a minimum of 10,000 PAG Devices.

8.3.     To satisfy its obligation under this clause to purchase POP and PAG
         Devices, Chandler will order the minimum number of Devices on
         Affirmation as follows:

               8.3.1. 2,000 POP Devices at a time on 5 occasions at regular
                      intervals in the six (6) month period following the date
                      of Affirmation of Stage 1.

               8.3.2. 2,000 POP Devices at a time on 5 occasions at regular
                      intervals in the two (2)year period following the date of
                      Affirmation of Stage 2.

8.4.     The delivery period for orders placed with ESI will be 28 days from the
         date of the order.

8.5.     Chandler shall make payment to ESI within 14 days of delivery of
         Devices to Chandler or its Associated Companies.

                                        8
<PAGE>

8.6. All payments made by Chandler to ESI in accordance with this clause shall
be consideration for:

               8.6.1. The passing of title in POP and PAG Devices delivered by
                      ESI to Chandler.

               8.6.2. The acquisition of proprietary rights by Chandler in the
                      Sports Card Technology as provided for in clause 10 of
                      this Agreement.

(For the avoidance of doubt, payment for POP and PAG Devices shall also be
payment for Sports Card Technology.)

8.7.   The unit cost of POP and PAG Devices will be a fair price agreed by the
       parties before each Affirmation but in any event POP Devices will cost no
       more than US$120 and PAG Devices no more than US $350.

9.     CHANDLER'S DUTIES IF NO AFFIRMATION AT END OF STAGES 1 AND 2

9.1.   If Chandler does not Affirm at the end of Stage 1, Chandler, and any of
       its Associated Companies, shall immediately return any and all components
       of the Sports Card Technology and any and all POP Devices containing the
       Stage 1 Sports Card Technology to ESI. It Chandler does not Affirm at the
       end of Stage 2 Chandler, and any of its Associated Companies, shall
       immediately return any and all components of the Sports Card Technology
       and any and all FIAG containing the Stage 2 Sports Card Technology to ESI

9.2    In the event that Chandler does not Affirm at the end of Stage 1, ESI
       shall have the right to use and sell the Stage I Sports Card Technology
       for its own purposes, regardless of any contrary restriction contained in
       this Agreement. In the event that Chandler does not Affirm at the end of
       Stage 2, ESI shall have the right to use and sell the Stage 2 Sports Card
       Technology for its own purposes, regardless of any contrary restriction
       contained in this Agreement.

10.    CHANDLER'S RIGHTS AFTER AFFIRMATION

10.1.  In the event of Affirmation at the end of Stage I:

                  10.1.1.  All of the proprietary rights in the Stage I Sports
                           Card Technology developed by ESI (including
                           copyrights, trademarks, trade secrets and patents)
                           shall vest jointly in (1) Chandler and its Associated
                           Companies and

                                        9

<PAGE>

                          (2)ESI. All proprietary rights in and title to any
                          other inventions, creations, or developments, or
                          modifications thereof, (including copyrights,
                          trademarks, trade secrets and patents), shall vest in
                          ESI, unless otherwise agreed in writing.

               10.1.2.    Chandler and its Associated Companies shall have the
                          exclusive right to use the Stage 1 Sports Card
                          Technology for the purposes of Internet betting and
                          gaming transactions until 30 June 2004 (irrespective
                          of whether Chandler affirms or terminates at the
                          conclusion of Stage 2).

               10.1.3.    Chandler and its Associated Companies shall have the
                          right to use the Stage 1 Sports Card Technology for
                          the purposes of Internet betting and gaming
                          transactions for as long as they have contracted for
                          its continued use after the expiry of the exclusive
                          period provided for above.

10.2.    The acquisition of proprietary rights in the Stage I Sports Card
         Technology by Chandler will confer all of the normal benefits of joint
         ownership on Chandler and its Associated Companies. Those benefits will
         include-

               10.2.1.     The right to cause joint production of POP Devices
                           and systems incorporating the Stage I Spods Card
                           Technology for parties other than Chandler.

               10.2.2.     OEM rights to distribute and sell Stage I Sports Card
                           Technology for the purposes of allowing the public to
                           enter into Internet betting and gaming transactions
                           with Chandler.

               10 2.3.     Jointly applicable patents, copyrights, trademarks,
                           trade secrets and other intellectual property.

10.3.    In the event of Affirmation at the end of Stage 2:

               10.3.1.     All of the proprietary rights in the Stage 2 Sports
                           Card Technology developed by ESI (including
                           copyrights, trademarks, trade secrets and patents)
                           shall vest jointly in (1) Chandler and its Associated
                           Companies and (2) ESI. All proprietary rights in and
                           title to any other inventions, creations, or
                           developments, or modifications thereof, (including
                           copyrights, trademarks,

                                       10

<PAGE>

                           trade secrets and patents), shall vest in ESI, unless
                           otherwise agreed in writing.

            10.3.2.        Chandler and its Associated Companies shall have the
                           exclusive fight to use the Stage 2 Sports Card
                           Technology for the purposes of Internet betting and
                           gaming transactions until 30 June 2004.

            10.3.3.        Chandler and its Associated Companies shall have the
                           right to use the Stage 2 Sports Card Technology for
                           the purposes of Internet betting and gaming
                           transactions for as long as they have contracted for
                           its continued use after the expiry of the exclusive
                           period provided for above.

10.4.    The acquisition of proprietary rights in the Stage 2 Sports Card
         Technology by Chandler will confer all of the normal benefits of joint
         ownership on Chandler and its Associated Companies. Those benefits will
         include:

            10.4.1.        The right to cause joint production of PAG Devices
                           and systems incorporating the Stage 2 Sports Card
                           Technology for parties other than Chandler.

            10.4.2.        OEM rights to distribute and sell Stage 2 Sports Card
                           Technology for the purposes of allowing the public to
                           enter into Internet betting and gaming transactions
                           with Chandler.

            10.4.3.        Jointly applicable patents, copyrights, trademarks,
                           trade secrets and other intellectual property.

10.5.    Where profits (with the exception of those earned by ESI in supplying
         POP and PAG Devices to Chandler) are generated from proprietary rights
         held jointly by Chandler and ESI, Chandler and ESI shall share equally
         in those profits.

10.6.    The parties acknowledge that any Background Technology used by either
         party in the development of the Sports Card Technology is the sole and
         exclusive property of the originating party, including all applicable
         rights to patents, copyrights, trademarks, trade secrets, and all other
         intellectual property rights of whatever nature inherent therein and
         appurtenant thereto. The parties agree that the originating party
         retains the exclusive ownership of its Background Technology, and any
         copies thereof.

                                       11

<PAGE>

11.      TERMINATION

11.1.    Chandler may terminate this Agreement with immediate effect in reliance
         on clause 7.1 or 7.2 upon giving written notice to ESI.

11.2.    Either party may terminate this Agreement by giving 30 days written
         notice to the other in the event of the other committing a material
         breach of any provision of this Agreement. Such termination will take
         effect unless the party in breach remedies the breach within the notice
         period.

11.3.    Either party may terminate this Agreement with immediate effect upon
         giving written notice to the other in the event of the other party
         becoming bankrupt, being liquidated (whether a compulsory or voluntary
         liquidation), being placed into receivership or entering into any
         compromise with creditors.

11.4.    Termination or expiration of this Agreement for whatever reason shall
         not affect the accrued rights of the parties arising in any way out of
         this Agreement as at the date of termination.

11.5     Upon termination of this Agreement, both parties shall immediately
         return to the other all proprietary information they hold and which
         belongs to the other, with the exception of POP and PAG Devices paid
         for by Chandler.

                                       12

<PAGE>

12.      CONFIDENTIALITY

12.1.    The parties anticipate that under this Agreement it may be necessary
         for either party to transfer to the other information of a proprietary
         nature. With respect to such information, the parties agree as follows:

         12.1.1.      "Proprietary Information" means any information disclosed
                      by either party to the other party as a consequence of or
                      through the exchange of information between the parties,
                      which information shall include but shall not be limited
                      to technical information, marketing plans, and marketing
                      information, business plans, business records, computer
                      communication systems, protocols, financial information,
                      business formulas, compilations of information and
                      records, including information relating to research,
                      development, inventions, and types and names of potential
                      customers, software (executable or otherwise), flow
                      charts, scripts, encryptions, transfer mechanisms, or
                      other rights and data, or any Trade Secret of any sort,
                      which has not been published to the general public or made
                      previously available to others without restriction, nor
                      normally furnished to others without compensation, and
                      which the disclosing party desires to protect against
                      unrestricted disclosure or competitive use.

         12.1.2.      "Trade Secret" means any formulas, patters, devices or
                      compilations of information which is used in one's
                      business, and which gives it an opportunity to take
                      advantage over competitors who do not know or use it, from
                      which the party derives independent economic value, actual
                      or potential, from not being generally known to, and not
                      being readily ascertainable by proper means by, other
                      persons who can obtain economic value from its disclosure
                      or use; and are the subject of efforts that are reasonable
                      under the circumstances to maintain secrecy.

         12.1.3.      Either party may disclose Proprietary Information to the
                      other party, verbally or in writing. When disclosed in
                      writing, the Proprietary Information shall be labelled
                      with an appropriate legend. When disclosed verbally, the
                      Proprietary Information shall be designated as
                      "Proprietary" at the time of such disclosure.

                                       13

<PAGE>

         12.1.4.      Each party recognises that the Proprietary information of
                      the other party is comprised of formulas, patters,
                      programs, methods, techniques, processes, devices, and
                      compilations of information which the other party uses in
                      its business to give it an advantage over its competitors,
                      who do not know or use the respective Proprietary
                      Information. The parties shall take special care to
                      preserve the secrecy and confidentiality of the other
                      party's Proprietary Information and all other rights, data
                      or information disclosed or discussed pursuant to this
                      Agreement. Each party shall take all steps to insure that
                      no unauthorised copies of the Proprietary Information of
                      the other party, or any of its components, are produced

         12.1.5.      The parties will take all steps necessary to protect the
                      confidentiality of the Proprietary Information and will
                      indemnity the other party for any loss or damage suffered
                      by that party and caused by one party's failure to
                      diligently protect the other party's rights, The parties
                      shall notify each other immediately of any suspected
                      breach by a person whether in a party's employ or not, in
                      the security of the said Proprietary Information and
                      agrees to immediately inform the other party in writing of
                      any unauthorised use or interference with the Proprietary
                      information.

         12.1.6       During the period of this Agreement, and for a period of
                      three (3) years after the termination of this Agreement,
                      neither party will disclose to any person or use to its
                      own benefit or the benefit of any business with which it
                      works, or in which it has an interest, any Proprietary
                      Information of the other party without the prior written
                      consent of the other party After providing notice to the
                      other party, a party may release the other's Proprietary
                      Information to a third party for the purpose of promoting
                      sales of the Parties' products provided that prior to
                      disclosing such information the disclosing party shall
                      obtain the written agreement of the third party to abide
                      by the terms in this agreement. The party releasing
                      Proprietary Information pursuant to this provision shall
                      forward a copy of the third party agreement to the other
                      party

         12.1.7.      Upon termination of this Agreement, unless otherwise
                      agreed in writing, each party shall promptly deliver to
                      the other party any and all Proprietary Information of the
                      other party, and all copies thereof which may have been

                                       14

<PAGE>

                      made, accessed, or received or possessed during the period
                      of discussions or the business relationship between the
                      parties, except as permitted by express written agreement
                      between the parties.

         12.1.8.      It is specifically agreed that the obligations of the
                      parties to keep all information concerning the Proprietary
                      Information confidential and to prevent unauthorised use
                      of the Proprietary Information, its components or any
                      material related thereto shall survive the termination of
                      this Agreement.

         12.1.9.      Notwithstanding any limitation to the contrary in this
                      Agreement, in the event of a breach of this provision, the
                      non-breaching party reserves all remedies it may have at
                      law and equity against the breaching party, and reserved
                      any right to pursue injunctive relief and monetary
                      damages, whether actual, indirect, incidental, special,
                      punitive or consequential, including lost profits, and
                      will have the right to pursue recovery of all expenses
                      paid to enforce its rights hereunder, including attorney's
                      fees.

13.      ASSIGNMENT

13.1.    Neither ESI or Chandler and its Associated Companies are entitled to
         assign, sublicence, sub-contract, transfer or otherwise deal with any
         of its rights or obligations under this Agreement without the prior
         written consent of the other.

14.      NOTICES

14.1.    Any notice to be given under or pursuant to this Agreement shall be
         given in writing and shall be sufficiently given if delivered by hand
         or sent by prepaid recorded delivery letter or fax to the party at the
         address set out in this Agreement.

14.2.    If notice is delivered by hand, it shall be deemed to have been
         received on the date of delivery. If notice is sent by post, it shall
         be deemed to have been received on the third day following posting. If
         notice is sent by fax, it shall be deemed to be received when
         transmitted.

15.      NO CONVEYANCE OR LICENSE

15.1.    Nothing in this Agreement shall be construed to convey to either party
         any right, title, or interest, patent, copyright, trademark, or other
         intellectual property right of

                                       15

<PAGE>

         the other party in any Proprietary Information, or any license to use,
         sell, exploit, copy or further develop any such Proprietary
         Information.

16.      SOLICITATION OF EMPLOYEES

16.1.    During the term of this Agreement and continuing for one (1) year
         thereafter, neither party will hire, contract. or solicit the
         employment of any current or previous employee of the other who has
         been involved with this Agreement or performance hereunder, either
         indirectly or directly, without the prior written authorization of the
         other party.

17.      LIMITATION OF LIABILITY

17.1.    In no event shall either party be liable for any loss of profit or any
         other commercial damage, including but not limited to special,
         incidental, consequential. or other indirect damages under any cause of
         action arising out of or relating to this agreement.

18.      GENERAL

18.1.    Waiver. No delay in exercising, no course of dealing with respect to,
         or no partial exercise of any right or remedy hereunder shall
         constitute a waiver of any other right or remedy, or future exercise
         thereof.

18.2.    Independent Contractors. Each party is an independent contractor and
         not an agent or partner, of, nor a joint venturer with the other party
         for any purpose, and neither party shall by virtue of this Agreement
         have any right, power or authority to act or create any obligation
         expressed or implied on behalf of the other party,

18.3.    Severability. If any term or provision of this Agreement should be
         declared invalid by a court of competent jurisdiction, (i) the
         remaining terms and provisions of this Agreement shall be unimpaired,
         and (ii) the invalid term or provision shall be replaced by such valid
         term or provision as comes closest to the intention underlying the
         invalid term or provision.

18.4.    Entire Agreement. This Agreement constitutes the entire Agreement
         between the parties with respect to the subject matter hereof and
         supersedes in all respects all prior proposals, negotiations,
         conversations, discussions and agreements between the parties concerned
         the subject matter hereof.

                                       16

<PAGE>

18.5     Amendments. No amendment, modification, termination or waiver of any
         provision of this Agreement nor any addition of any provision to this
         Agreement, nor consent to any departure therefrom, shall in any event
         be effective unless the same shall be in writing and signed by both
         parties, and any such provision, waiver or consent shall be effective
         only in the specific instance and for the specific purpose for which
         given.

18.6.    Governing Law and Choice of Forum. In all respects this Agreement shall
         be governed and construed pursuant to English law. The parties
         irrevocably agree to submit to the exclusive jurisdiction of the
         English courts in respect of any matter or dispute which may arise out
         of or in connection with this Agreement.

IN WITNESS WHEREOF, the parties hereto, through their duly authorised officers,
have executed this Agreement on this 12th day of September, 2000.

SIGNED by
and on behalf of VICTOR
CHANDLER INTERNATIONAL                         Victor Chandler
in the presence of:                            ---------------       R.F.Halsall
                                               Director

SIGNED by
and on behalf of ENTERPRISES
SOLUTIONS INCORPORATED                         John A. Solomon
in the presence of:                            ---------------        A.T. Saker
                                               Director

                                       17

<PAGE>

SCHEDULE I - CHANDLER'S SPECIFICATION

Chandler requires performance under the Agreement by ESI such that:

1.   Chandler can distribute POP and PAG Devices to the public.

2.   The cost to Chandler of POP Devices will not exceed US$120.

3.   The cost to Chandler of PAG Devices will not exceed US$350.

4.   The Sports Card Readers contained in POP and PAG devices will accept Sports
     Cards, and debit and credit cards issued by banks and financial
     institutions.

5.   The Sports Card Technology will allow the public to use POP and PAG devices
     in conjunction with sports cards, debit cards and credit cards such that:

5.1. By the end of Stage 1, accounts held by the public with Chandler can be
     credited.

5.2. By the end of Stage 2, accounts which relate to debit and credit cards used
     by the public can be debited and credited.

6.   The Sports Card Technology will:

6.1. Exceed the current state of the art.

6.2  At all times incorporate the highest degree of security reasonably
     feasible.

6.3. Only be compatible with websites operated by Chandler. In particular, POP
     and PAG Devices will not be able to be used in conjunction with other
     services provided on the internet.

6.4. Be of a standard that will allow Chandler to insure completely against
     fraud with one of the world's major international insurers for a reasonable
     premium.

                                       18

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00015-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00015-of-00352.parquet"}]]