Document:

MANUFACTURING AGREEMENT

THIS MANUFACTURING AGREEMENT ("Agreement") is made effective as of the 13 day of
June 2000  ("Effective  Date") by and  between  Shanghai  Industrial  Investment
(Group),  Co.,  Ltd.  a  corporation  organized  under the laws of the  People's
Republic of China,  located at 181  JiangXi  Zhong  Road,  Shanghai,  China (the
"Manufacturer") and MyTurn.com,  Inc., a corporation organized under the laws of
the  State  of  Delaware,  located  at 1080  Marina  Village  Parkway,  Alameda,
California 94501, United States of America (the "Customer").

                              W I T N E S S E T H:

     WHEREAS,  Customer  desires to have  Manufacturer  manufacture and assemble
certain  Products  (as  hereinafter  defined)  pursuant to one or more  Purchase
Orders (as  hereinafter  defined)  issued by  Customer in  accordance  with this
Agreement; and

     WHEREAS, Manufacturer desires to manufacture and assemble such Products for
Customer hereunder;

     NOW, THEREFORE,  Customer and Manufacturer,  intending to be legally bound,
hereby agree as follows:

                             SECTION 1: DEFINITIONS

     Capitalized  terms used in this Agreement and not otherwise  defined herein
shall have the meanings set forth in the attached Glossary.

                            SECTION 2: SCOPE OF WORK

     2.1 Products. Manufacturer shall manufacture and sell Products to Customer,
and  Customer  shall order and  purchase the number of units of the Products set
forth on  Schedule  2.1 from  Manufacturer,  in  accordance  with the  terms and
conditions of this Agreement.  All manufacture of Products by Manufacturer shall
be  solely  for  Customer  and not  for  Manufacturer's  own  account  or  other
purchasers.  Manufacturer  shall deliver to Customer's  specified  location only
that quantity of Products specified in Customer's Purchase Orders, at prices and
the delivery date(s) set forth in such Purchase Orders.

     2.2 Project Coordination.  Each party shall appoint a technical coordinator
to maintain technical liaison with the other party hereto in connection with the
manufacture  of the Products.  Each party may change its technical  co-ordinator
from time-to-time upon prior written notice.  Communication  between the parties
regarding  design or  engineering of the Product shall be between the designated
coordinators.

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     2.3 Specifications.  The Customer shall have primary responsibility for the
preparation of  Specifications  for the Product.  The parties agree to cooperate
with each other to implement changes to the Specifications made by Customer from
time to time. The parties shall jointly review the impact of such changes,  and,
in the event  Manufacturer  believes  that any such  change will affect the work
performed by  Manufacturer  under this  Agreement,  it shall notify Customer and
advise  Customer of any such effect,  including any impact on the manufacture or
assembly of the Product, design considerations,  and the costs to be incurred by
Manufacturer and Customer as a result of such changes.

     2.4 Quality  Assurance.  Manufacturer  will build and test the  Products in
accordance  with the procedures and  timetables  mutually  agreed by the parties
from  time-to-time in writing (the  "Procedures and  Timetables").  Manufacturer
agrees to comply with applicable  quality procedures and testing as set forth in
the Statement of Work,  including any quality guidelines  attached thereto,  and
Manufacturer  shall  provide  quality-control  records  and  reports to Customer
promptly upon request.

     2.5 Packaging.  Packaging will be in accordance with Customer's  standards,
unless  otherwise  mutually  agreed in writing.  Customer  shall specify in each
Statement of Work,  or otherwise as agreed by the parties,  the  trademarks  and
trade  dress  features  to appear on the  Products  and the  publications  to be
included in packaging.

                       SECTION 3: SHIPPING/DELIVERY/TITLE

     3.1 FOB Terms.  All Products  covered  under this  Agreement  shall be made
Manufacturer FOB origin, freight collect, or prepaid by Manufacturer and charged
to Customer  per  invoice.  Customer  may  specify the carrier by so  indicating
within a mutually  agreeable,  reasonable period of time prior to shipment.  The
Manufacturer  can also,  within such period,  suggest a carrier for selection by
the  Customer.  If Products are  designated  for export from the United  States,
Customer is responsible for assuring compliance with applicable export laws, and
Customer will provide  Manufacturer with instructions for the handling of export
shipments.

     3.2  Delivery.  Manufacturer  shall fill a Purchase  Order  pursuant to the
delivery terms and dates set forth in such Purchase Order.

     3.3 Title. Title to Customer Components will remain with Customer. Title to
any Manufacturer  Components included in the Products will pass to Customer upon
the earlier of delivery  to  Customer or  Manufacturer's  receipt of payment for
such items.  To the extent not otherwise  provided in this  paragraph,  title to
Products   will  pass  to  Customer  at  point  of   shipment.   The   foregoing
notwithstanding,  when a factoring  arrangement  is agreed and  accepted by both
parties,  the title  transfer will be done in accordance  with the factoring and
related arrangement (the "Factoring  Arrangement") signed between the Customer ,
the Manufacturer and the relevant banks involved in such Factoring Arrangement.

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                      SECTION 4: PRICING AND PAYMENT TERMS

     4.1 Pricing. The purchase price per Product unit and other costs to be paid
by Customer  for  Product(s)  accepted  under this  Agreement  are  specified in
Schedule 4.1.  Changes to such prices shall be agreed on in connection with each
material change in an applicable Bill of Materials.

     4.2 Payment. Payment terms are net/60 days after the bill of lading date by
T/T  transfer.  At the  same  time  when  the  bill of  lading  is  issued,  the
Manufacturer  shall  make out  invoice to the  Customer.  In order to secure the
payment,  the  Customer  and the  Manufacturer  agree to enter into a  Factoring
Arrangement  signed between the Customer,  Manufacturer,  and the relevant banks
which are involved in the Factoring Arrangement. Manufacturer and Customer agree
that the  Bank of  America  and  Industrial  and  Commercial  Bank of China  are
contemplated  to be the banks  involved in the  Factoring  Arrangement,  but the
Manufacturer  and  Customer  can  mutually  agree  to  involve  other  banks  if
necessary.   Payment  should  be  made  strictly   according  to  the  Factoring
Arrangement.

     4.3  Invoicing.  Manufacturer  may invoice the Customer  for Products  upon
completion  and shipment of such Products  pursuant to Purchase  Orders.  To the
extent  Manufacturer  is  entitled  to do so under the  Statement  of Work,  any
Purchase Order, or any Procedures and Timetables,  Manufacturer  may invoice for
Nonrecurring  Charges,  if any,  as set  forth  in a  Statement  of  Work,  upon
commencement of production or as otherwise set forth in the applicable Statement
of Work and Purchase Order or any written Procedures and Timetables.

     4.4 Taxes. Customer shall be responsible for sales, use, or custom taxes or
duties  resulting  from the sale or shipment of Products in accordance  with its
Purchase Orders.  Customer shall provide tax exemption  numbers,  if applicable,
for such purchases.

     4.5 Factoring Arrangements. In order to finance the payment of the invoices
of the Products,  Manufacturer,  Customer and the relevant banks will enter into
the Factoring  Arrangement on terms which are mutually agreeable to Manufacturer
and Customer. In connection with the Factoring  Arrangement,  Manufacturer makes
the warranty set forth in Section 9.2.

                      SECTION 5: PURCHASE ORDERS/FORECASTS

     5.1  Forecasts.  Customer  has prior to, or will on,  the  Effective  Date,
provide   Manufacturer   with  a  forecast  of  Customer's   estimated   Product
requirements  covering period of one-year (the "One-Year  Forecast").  Except as
provided in Section 5.2,  forecast  information  shall be for planning  purposes
only and shall not  represent  Customer's  commitment  to purchase any or all of
such units or create any other obligation whatsoever by Customer. As provided in
Section 3.2,  requirements where delivery is scheduled to occur shall be covered
by one or more Purchase Orders.

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     5.2 Purchase Orders.  Within six months after the Effective Date,  Customer
will provide  Manufacturer  with its initial Purchase  Order(s) for at least the
number of Products equal to 80% of the forecasts for the first six months of the
One-Year Forecast;  however, Customer shall submit a Purchase Order for at least
100,000  units of the Product as one of such initial  Purchase  Orders  promptly
after the Effective Date, and a Purchase Order for at least 150,000 units of the
Product, also as one of such initial Purchase Orders, within ninety (90) days of
the  Effective  Date.  Thereafter,  Customer  will provide  additional  Purchase
Order(s) on a rolling ninety (90) day basis, for the number of Products equal to
100% of such 90-day forecasts in the One-Year Forecast.

     5.3  Acceptance  of Purchase  Orders.  Manufacturer  shall accept  Purchase
Orders  conforming to the  requirements of this Agreement and Statements of Work
then in effect.  Manufacturer  may, but is not required to, accept such Purchase
Orders which have  additional  terms,  provisions and  conditions.  Manufacturer
shall  indicate  its  acceptance  of  proposed   Purchase  Order(s)  by  written
acknowledgment  of the  Purchase  Order(s)  within  seven (7) working days after
receipt .

     5.4 Completion.  Upon acceptance of each Purchase Order,  Manufacturer will
manufacture and assemble the Products called for by such Purchase Order, conduct
final  testing,  and  package  the  Products in  accordance  with the  Products'
Specifications.

     5.5  Inspection  and  Acceptance.  Customer  will  inspect the  Products in
Manufacturer's  warehouse  in  Shanghai,  China for quality  assurance  prior to
shipment to the United  States.  After  inspection,  if the quality is up to the
standard required by the applicable Statement of Work, the Customer will issue a
"Shipment  Release  Memo",  in the form  attached  hereto as Exhibit 5.5, to the
Manufacturer. The Manufacturer should deliver the Products only when it receives
the "Shipment Release Memo" from the Customer. When a "Shipment Release Memo" is
issued, the Products are deemed to be qualified and accepted by the Customer.

              SECTION 6: PURCHASE ORDER RESCHEDULING/CANCELLATIONS

     6.1 Rescheduling. (a) Customer shall be entitled, without additional charge
or payment of associated costs, to change  quantities  (increase or decrease) or
reschedule  delivery  (acceleration or delay) of up to twenty five percent (25%)
of Products that are scheduled for delivery  between  thirty (30) and sixty (60)
days following  Customer's request for such change,  inclusive,  and up to fifty
percent (50%) of Products  that are  scheduled  for delivery  sixty (60) or more
days after the date of such request.

     (b) Manufacturer agrees to use its best efforts to accommodate requests for
rescheduling  (acceleration  and delay) and, before accepting such  rescheduling
requests,  may quote in writing applicable charges resulting from actual changes
in costs associated with such

<PAGE>

rescheduling.  If the  parties  are  unable  to  agree  on  such  changes,  then
Manufacturer  shall deliver as initially agreed,  subject to Customer's right to
cancel Purchase Orders as provided herein.

     6.2 Product Modifications. Manufacturer agrees to use its reasonable effort
to accommodate  changes in versions of a Product within a reasonable  time after
receiving a written request for such change.

     6.3  Cancellation.  Customer may, by written  notice,  cancel  shipments of
Products that are scheduled for delivery more than sixty (60) days after receipt
of such notice. Upon receipt of notice of cancellation,  Manufacturer shall stop
work  on  the  canceled  portion  of  existing   Purchase  Orders   immediately.
Manufacturer agrees to use its reasonable efforts to return,  reuse, or sell any
Manufacturer  Components  covered  by the  canceled  portion  of the  applicable
Purchase  Order.  Manufacturer  will  make good  faith  efforts  to  effectively
minimize costs associated with such cancellation.

     6.4  Cancellation  Charges.  With  respect  to  canceled  Purchase  Orders,
Customer agrees to pay Manufacturer:

          (a) For Components (other than items provided or paid for by Customer)
     acquired  solely for the execution of such Purchase  Order,  Manufacturer's
     out-of-pocket costs for such Components, minus amounts saved as a result of
     any return, reuse, or sale; plus

          (b) For  completed  work and work in  progress  that cannot be used to
     fill other orders, Manufacturer's costs for actual and reasonable labor and
     supplies incurred pursuant to Customer's  Purchase Orders up to the date of
     receipt of notice of cancellation.

     In no event  shall  cancellation  charges set forth  previously  exceed the
price of the Products covered by the canceled portion of the Purchase Order.

     To the extent the purchase of long lead time items is authorized in writing
by  Customer,  Customer  will  purchase  such parts to the extent they cannot be
returned, reused, or sold, for the amount Manufacturer has paid for such items.

     Obligations  for  payment  for  Nonrecurring   Charges,  as  set  forth  in
Statements  of Work or  Purchase  Orders,  are not subject to  reduction  unless
associated  costs can  actually  be avoided.  If such cost can be  avoided,  all
reasonable  effort will be made to minimize such cost and to reduce the required
payments in an equitable manner.

     Manufacturer will provide Customer with  documentation  adequate to support
such claim for cancellation  charges.  Components and completed work and work in
progress  that are paid for by Customer  pursuant to such  cancellation  charges
shall be  Customer's  property  and shall be held or  delivered  to  Customer as
Customer may request.

<PAGE>

     Notwithstanding  the  foregoing,  Customer  shall have no obligation to pay
cancellation  charges  where  cancellation  is  occasioned  by  the  failure  of
Manufacturer to perform its obligations under this Agreement.

                              SECTION 7: COMPONENTS

     7.1 Customer  Components.  Customer may  identify to  Manufacturer  certain
Components that must be used in the  manufacturing of the Product.  Either these
Components  may be  consigned  by  Customer or  Manufacturer  may be directed by
Customer to purchase such components  from Customer's  approved vendor list (the
"AVL").  If Manufacturer  offers  alternative to Customer's AVL, the alternative
must be approved in writing by Customer  prior to use in production of Products.
Manufacturer  acknowledges  that  Customer  may have from  time-  to-time  other
manufacturers of Products for markets other than North America and Asia who will
also need and use the Components in the manufacture of the Product. Accordingly,
in times of material shortages in Components,  if any, Customer has the right to
allocate  Components among the various  manufacturers,  even if Manufacturer has
placed an order for  Components  from a vendor which  vendor has  accepted  such
order.  Manufacturer hereby agrees to abide by any such allocation to the extent
it reduces the number of Components  the  Manufacturer  ordered and shall change
its order in such case to no more than the number of Components allocated to the
Manufacturer by the Customer, but in any event, such allocation shall not affect
Manufacturer's  ability to deliver the sufficient  amount of Products as ordered
by Customer.

     7.2 Programs.  If computer  programming  is  incorporated  in the Products,
procurement of such programming  shall be the  responsibility of Manufacturer or
Customer as set forth in the applicable  Statement of Work or Bill of Materials.
Any  restrictions  or  payment  obligations  imposed by the  original  source on
Manufacturer's  or Customer's use or handling of such  programming  shall be set
forth in a separate signed writing.  There shall be no payment or  reimbursement
obligation  on  Customer's  part  for   programming   obtained  or  provided  by
Manufacturer  unless such payments or reimbursements  are set forth in a Bill of
Materials that indicates that Customer has accepted such obligation.

     7.3 Change in Manufacturer's  Components. Any change in vendors of material
for  Manufacturer  components  shall be approved in writing by Customer prior to
such change.

                         SECTION 8: PERFORMANCE REVIEWS

     Customer  and   Manufacturer   agree  to  review   quarterly  the  business
performance  to date of each party to include  such items as quality,  delivery,
communications, responsiveness, and cost fluctuations.

                               SECTION 9: WARRANTY

     9.1 Manufacturer's  Warranty - Manufacture.  Manufacturer warrants (a) that
the Products will conform in all material respects to their Specifications;  (b)
that subject to the terms

<PAGE>

of the Factoring  Arrangement,  Customer shall receive good and marketable title
to the Products  upon  delivery,  free of any liens or claims;  and (c) that the
Products will be free of defects in workmanship  and materials for the lesser of
one (1) year after  delivery  to  Customer  or one (1) year after  purchase  and
opening of the Products by end-user customers or purchasers.  Manufacturer shall
have no  responsibility  for defects in Customer  Components,  but  Manufacturer
agrees to cooperate in processing applicable  third-party warranty claims and in
taking  advantage of remedies,  if any,  available from the original  sources of
such Customer Components. The foregoing warranty shall not apply if the Products
or component parts have been subjected to abuse, misuse,  accident,  alteration,
or  neglect.  The  aforementioned   warranties  shall  inure  to  Customer,  its
successors and assigns, and those who purchase or use each Product.

     9.2 Manufacturer's Warranty - Factoring Arrangement.  Manufacturer warrants
that it has  obtained  a line of credit of One  Hundred  Million  United  States
Dollars (USD  $100,000,000)  from the Industrial and Commercial Bank of China to
fund the  manufacture  of the  Products,  which line of credit is related to the
overall Factoring Arrangement.

     9.3 Customer  Warranty.  Customer  warrants it has the right (a) to consign
Customer  Components  to  Manufacturer  for  incorporation  in the  Products  in
accordance with the Manufacturing and Design  Documentation and (b) to authorize
Manufacturer to use, for purposes of  manufacturing  and assembling the Products
hereunder,   any   information   provided  by  Customer  and  contained  in  the
Manufacturing and Design Documentation.

     9.4 Liability  and Remedy.  (a) Subject to Section  9.4(b),  Manufacturer's
sole and exclusive  liability and customer's  sole and exclusive  remedy for any
claim based on the foregoing  warranties shall be, at Manufacturer's  option, to
repair or replace (with new or functionally  equivalent and compatible parts) or
if it is unable to repair or replace such Products,  credit  Customer's  account
for any  Products  found not to conform to such  warranties  during the warranty
period. Alternatively,  if Customer takes responsibility for processing end-user
warranty  repairs,   Manufacturer  shall  provide  assistance,   replacement  of
Manufacturer Components, processing, and labor for replacement, at no charge, in
order for Customer or its  representative  to respond to such  warranty  claims.
Customer shall request return  authorization  from Manufacturer prior to release
of the  defective  units.  Defective  units shall be delivered  to  Manufacturer
freight prepaid and  Manufacturer  shall be responsible  for return  destination
charges in the United States for verified  warranty claims.  Manufacturer  shall
process  warranty claims and release repaired or replaced units within seven (7)
working days after receipt,  provided that consigned or inventory  components or
assemblies are available.

         (b)  If,

               (i)(A)  within the first  six-month  period  commencing  upon the
          first Product shipment date (the "First Shipment  Date"),  one-half of
          one percent (0.5%) or more of the Products, and

               (B) After the six month  anniversary  of the First Shipment Date,
          one-tenth of one percent (0.1%) or more of the Products,

<PAGE>

          within  the first  thirty  (30) days  after the first use (the  "First
          Use") of the Product by the user, and

               (ii) any time within the  warranty  period  specified  previously
          after the  thirtieth  day after First Use of the Product,  one-half of
          one percent  (0.5%) or more of the  Products,  exhibit  defects of the
          same  kind and  nature,  and such  defects  are the  result  of faulty
          workmanship by Manufacturer  or defects in materials  arising from any
          cause  for which  Manufacturer  is  responsible  (such as  defects  in
          Manufacturer   Components),   then   Manufacturer   agrees   to   give
          compensation, or render assistance, at Manufacturer's sole expense, to
          Customer as provided in the following:

               (i)  Delivery of  replacement  Products  found to be defective to
                    the place designated by Customer; and

               (ii) Field service for the replacement of such defective Products
                    or   reimbursement  to  Customer  of  Customer's  labor  and
                    shipping costs in replacing such defective  Products at such
                    rates as may be mutually agreed on from time to time.

The  warranty  provided in this Section  9.4(b)  shall be subject to  Customer's
satisfaction  of the following  conditions:  (a) a description of the failure of
the Products alleged or found to be defective shall be furnished to Manufacturer
in writing within thirty (30) days of discovery by Customer of such defect;  (b)
the  defects  so  described  shall  be the  result  of  workmanship  defects  in
Manufacture's side and shall be subject to Manufacturer's  verification;  (c) no
Products  alleged or found to be defective  shall be disposed of by Customer for
at least  sixty  (60) days  after  Manufacturer  receives  such  description  in
writing;  and (d)  such  defective  Products  shall  forthwith  be  returned  to
Manufacturer by Customer,  freight  payable at  destination,  if Manufacturer so
requests.

     9.5 Conforming Products.  For Products that are returned to Manufacturer by
Customer for warranty  repair or replacement  and are found by  Manufacturer  to
conform  to the  product  Specifications  and such  conformity  is  verified  by
Customer, Customer shall pay Manufacturer shipping charges and duties.

     9.6   DISCLAIMER.   EXCEPT  AS  EXPRESSLY  SET  FORTH  IN  THIS  AGREEMENT,
MANUFACTURER SHALL HAVE NO LIABILITY FOR THE PRODUCTS OR ANY COMPONENTS THEREIN,
INCLUDING ANY LIABILITY FOR NEGLIGENCE, MANUFACTURER MAKES AND CUSTOMER RECEIVES
NO WARRANTIES,  EXPRESS,  IMPLIED,  STATUTORY, OR IN ANY OTHER PROVISION OF THIS
AGREEMENT OR ANY OTHER COMMUNICATION,  AND MANUFACTURER  SPECIFICALLY  DISCLAIMS
ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

                       SECTION 10: LIMITATION OF LIABILITY

<PAGE>

     10.1 Exclusion of Certain Damages. IN NO EVENT SHALL EITHER PARTY BE LIABLE
FOR INDIRECT,  SPECIAL,  INCIDENTAL,  OR CONSEQUENTIAL DAMAGES, LOSS OF PROFITS,
LOSS OF USE, OR DATA OR INTERRUPTION  OF BUSINESS,  WHETHER SUCH ALLEGED DAMAGES
ARE LABELED IN TORT, CONTRACT, OR INDEMNITY, EVEN IF SUCH PARTY HAS BEEN ADVISED
OF THE POSSIBILITY OF SUCH DAMAGES.

     10.2 Time Limitations.  Actions by either party,  however  asserted,  other
than in respect of any infringement of Intellectual  Property  Rights,  shall be
commenced within two years from the date the cause of action accrues.

                    SECTION 11: INTELLECTUAL PROPERTY RIGHTS

     11.1 Indemnification.  (a) Subject to Section 11.1(b), Manufacturer, at its
own expense,  shall protect,  defend, hold harmless,  and indemnify Customer and
any  subsequent  owner of the Products,  and shall pay any damages,  agreed upon
settlement  amounts,  or necessary  costs  (including  attorney  fees and fines)
finally awarded with respect to all proceedings or claims against it or them for
the   infringement  of  any   Intellectual   Property   Rights   resulting  from
Manufacturer's  manufacture  and assembly  processes or the use of  Manufacturer
Components  where  such use  necessarily  and solely  causes  the  infringement.
Customer  shall not agree to settle any such  proceeding  or claim  without  the
written  consent  of  Manufacturer,  which  consent  shall  not be  unreasonably
withheld.

     (b)  Manufacturer  shall  not have  any  liability  hereunder  based on (i)
required compliance by Manufacturer with Manufacturing and Design  Documentation
originating  with and furnished by Customer (or the  combination of the Products
with other  apparatus  not  included in the  deliveries  to  Customer),  if such
compliance  (or   combination)   necessarily  and  solely  gives  rise  to  such
proceedings or claims;  (ii) infringement or alleged  infringement caused solely
by Customer  Components;  (iii)  Customer's  failure to provide prompt notice to
Manufacturer of any such  proceeding or claim and copies of all  communications,
notices,  and/or other  actions  relating to such claim;  or (iv)  infringements
resulting from modifications or alterations made after shipment by Manufacturer.

     11.2 No Other  Rights.  Except for any  licenses  and  immunities  that are
expressly granted by this Agreement,  nothing in this Agreement or any course of
dealing between the parties will be deemed to create a license from either party
to  the  other  of  any  Intellectual   Property  Right,  whether  by  estoppel,
implication, or otherwise.

     11.3 Manufacturing and Design  Documentation.  Manufacturer shall segregate
all  Manufacturing  and Design  Documentation and provide Customer with a set of
copies  thereof as  requested by Customer  from time to time.  Except for copies
needed to be retained for  Manufacturer to complete its  obligations  under this
Agreement and one copy which may be

<PAGE>

retained in a segregated manner solely for  nonproductive  archival purposes for
reference concerning  Manufacturer's  obligation  hereunder,  Manufacturer shall
turn over such materials to Customer upon termination of this Agreement.

     11.4   Confidential   Exchanges.   The  parties  have   executed  a  Mutual
Nondisclosure Agreement, dated May 26, 2000, relating to the exchange of certain
confidential  information.   Such  Agreement  is  hereby  incorporated  in  this
Agreement by reference.

     (a) The foregoing  notwithstanding,  the parties shall  mutually  prepare a
press release  announcing the terms of this  Agreement to the public,  and shall
mutually  agree to the timing of such release to the public;  provided  that the
substance and timing of such release is  sufficient  for Customer to comply with
its disclosure  obligations and  requirements  under  Securities laws, rules and
regulations  of the United States and the States  thereof,  and/or the rules and
regulations of any Securities Exchange upon which the Customer's securities are,
or  may,  at the  time  of such  required  disclosure,  be  listed  or  included
(collectively,  the "Customer Disclosure  Obligations").  In any event, Customer
may disclose the terms and existence of this Agreement at the  appropriate  time
in order to meet its Customer Disclosure Obligations.

                        SECTION 12: TERM AND TERMINATION

     12.1 Term. This Agreement shall commence on the Effective Date and shall be
in effect  for an initial  term of  thirty-six  (36)  months.  Thereafter,  this
Agreement shall renew for successive  terms of one (1) year by mutual  agreement
of the parties at least six (6) months  prior to the end of the initial  term or
each successive term.

     12.2  Termination of Agreement.  Notwithstanding  the provisions of Section
12.1,  this Agreement may be terminated by either party (unless a specific party
is  provided  for  below,  then by such  specific  party)  at any time  upon the
occurrence of any one or more of the following events of default:

          (a)  The other party defaults (except for payment default by Customer)
               in the  performance  of any material  requirement  or  obligation
               under this Agreement or any other written  agreement  between the
               parties  concerning  the  subject  of this  Agreement,  and  such
               default is not cured within thirty (30) days after written notice
               of such default is sent to such party,  or if such default is not
               capable  of  being  cured  within  such  thirty  (30)  days,  the
               breaching  party has not commenced and is not  continuing to take
               meaningful steps to cure such default;

          (b)  Customer  fails to make any  payment  required  by the  Factoring
               Arrangement  to  Manufacturer  on the date due, and fails to cure
               such  default   within  the  time   provided  in  the   Factoring
               Arrangement; or

<PAGE>

          (c)  The other party ceases to do  business,  makes a  composition  or
               assignment  for the  benefit  of its  creditors,  makes a general
               arrangement  with  its  creditors  concerning  any  extension  or
               forgiveness  of any of its  secured  debt,  becomes  bankrupt  or
               insolvent,  suffers or seeks the appointment of a receiver to the
               whole or any material part of its  business,  takes any action to
               liquidate  or  wind  up the  whole  or any  material  part of its
               business,  is found subject to any  provisions of any  bankruptcy
               code concerning involuntary bankruptcy or similar proceeding,  or
               suffers a material adverse change in its financial  position such
               that payments  hereunder may be affected or delayed by a creditor
               or administrator of the business of the other party.

          (d)  The Customer may terminate  this  Agreement upon thirty (30) days
               prior written  notice in the event it sells all or  substantially
               all of its assets,  or is subject of a merger,  consolidation  or
               acquisition  resulting in the  Customer  not being the  surviving
               entity, or if a majority of the voting stockholders prior to such
               merger,  consolidation or acquisition are no longer a majority of
               the Customer  after such merger,  consolidation  or  acquisition,
               provided  however if the  Customer so  terminates  the  Agreement
               within the first  twelve  months of the  initial  term,  Customer
               shall  purchase  from Manu-  facturer the  machinery,  equipment,
               tooling and unused Manufacturer  Components that the Manufacturer
               cannot  use for any  purpose  other than the  manufacture  of the
               Product,  for an  amount  equal  to  Manufacturer's  direct  cash
               investment  for such  machinery,  equipment,  tooling  and unused
               Manufacturer's  Components,  which  investment  amount  shall  be
               accounted  for  and  documented  by  Manufacturer  to  Customer's
               reasonable satisfaction.

          (e)  The Customer may terminate  this  Agreement upon thirty (30) days
               prior  written  notice  if there is an  epidemic  failure  of, or
               material  defect in the Product  line as a whole,  provided  that
               after joint reasonable  efforts by both Manufacture and Customer,
               the epidemic failure can not be cured within a reasonable  period
               of time requested by the customer.

     12.3 Payment  Obligations.  No termination of this Agreement  shall release
Customer from any obligation to pay  Manufacturer any amount that has accrued or
become payable at or prior to the date of termination.

     12.4  Survival.  Notwithstanding  any  termination of this  Agreement,  the
provisions  of  Sections  1, 3.3,  4.2,  4.4,  4.5,  6.3  (except in the case of
termination by the Customer pursuant to Section 12.2(e)),  6.4, 9, 10, 11, 13.1,
13.2,  13.11,  13.13 and 13.14 shall continue in accordance with their terms. If
the Agreement is terminated pursuant to the terms hereof, Purchase Orders

<PAGE>

shall  remain  in effect  and  Manufacturer  may  continue  to obtain  parts and
supplies to fill such Purchase Orders, unless such Purchase Orders are cancelled
by Customer  pursuant to Section 6.3 in which case the  procedure of Section 6.3
shall be followed with respect to such cancelled Purchase Orders.

                            SECTION 13: GENERAL TERMS

     13.1 Indemnification. Each party shall indemnify and defend the other party
against all claims, suits, losses,  expenses, and liabilities for bodily injury,
personal injury, death, and property damage directly or indirectly caused by any
Products or through the  intentional  acts or negligence of such party or of any
person for whose actions said party is legally liable.  Both parties shall carry
and  maintain  liability   insurance   coverage  to  satisfactorily   cover  its
obligations under this Agreement.

     13.2  Arbitration.  Any  dispute,  controversy,  or claim  arising  out of,
relating to, or in  connection  with,  this  Agreement,  including  any question
regarding its  existence,  validity,  or  termination,  shall be referred to and
finally resolved by arbitration under the Rules of China International  Economic
and Trade  Arbitration  Commission  of the China  Council for the  Promotion  of
International  Trade  (CIETAC) in effect at the time of the  arbitration,  which
Rules are deemed to be incorporated by reference into this clause.  The place of
arbitration  shall be Beijing,  P. R. China, and the language of the arbitration
shall be Chinese and English.  The arbitral  award shall be in writing and shall
be final and  binding on the  parties.  The award may include an award of costs,
including  reasonable  attorneys fees and disbursements.  The arbitral award may
grant any relief deemed by the  arbitration  tribunal to be just and  equitable,
including,  without  limitation,  specific  performance.  If the  Foreign  Trade
Arbitration  Commission  is  not  in  existence  at the  time  of  the  proposed
arbitration, this Section 13.2 will have no effect.

     13.3  Independent  Contractor  Status.  Each of the  parties  hereto  shall
conduct the work to be performed hereunder as an independent  contractor and not
as an agent or employee of the other party.  Subject to the terms and conditions
of this  Agreement,  each party shall  choose the means to be  employed  and the
manner of carrying  out its  obligations  hereunder.  Each party shall have sole
responsibility  for the  supervision and payment of its personnel and, except as
agreed in  writing,  all other  costs  and  expenses  required  to  perform  its
obligations hereunder.

     13.4  Freedom of Action.  Except as  restricted  by  Intellectual  Property
Rights of a party hereto or of third parties,  nothing in this  Agreement  shall
limit the right of Customer or Manufacturer to develop, have developed, procure,
and/or market products or services now or in the future,  including any that may
be  competitive  with those that are subject of this  Agreement.  Neither  party
shall be required to disclose  planning  information to the other except for the
forecast described in Section 5.1.

     13.5  Exclusivity.   Customer  shall  meet  its  Asia  and  North  American
requirements for Products  exclusively from Manufacturer during the term of this
Agreement,  provided  Manufacturer  meets (a) the Product  quality,  (b) pricing
requirements and (c) volume demands,

<PAGE>

required by Customer,  provided herein, in the Schedules and attachments hereto,
and in any Purchase  Order or any  Procedure  and  Timetable.  In addition,  the
Customer can also purchase  Products from the Manufacturer to meet the demand of
other markets in the world.

     13.6  Trademarks  and Trade Names.  Neither this  Agreement nor the sale of
Products  hereunder shall be deemed to give either party any right to use any of
the other party's trademarks or trade names without such other party's specific,
written consent.

     13.7 Compliance with Governmental  Legal  Requirements.  Manufacturer shall
comply with the provisions of all applicable  United States federal,  state, and
local laws, regulations, rules, and ordinances applicable to technology products
which are  manufactured  outside the U.S.  and imported  into the U.S.  Customer
shall provide for similar  governmental and safety  certifications  or approvals
(including,  without limitation, UL clearance). Should the Products fail to meet
the applicable approvals,  standards, or regulations,  other than as a result of
pending   applications  or  actions  with  respect  to  the  issuance   thereof,
Manufacturer  may cease  production  until  Customer and  Manufacturer  agree to
required changes and applicable qualifications are met without causing breach of
this Agreement.

     13.8 Export  Controls.  Each party  agrees that it will not  knowingly  (a)
export or re- export, directly or indirectly,  any technical data (as defined by
the U.S. Export  Administration  Regulations),  including software received from
the other under this  Agreement to; (b) disclose such technical data for use in;
or (c) export or re-export  directly or  indirectly,  any direct product of such
technical  data,  including  software to, a destination  to which such export or
re-export is restricted or prohibited by U.S. or non-U.S.  law without obtaining
prior  authorization  from U.S.  Department  of  Commerce  and  other  competent
government  authorities to the extent  required by those laws. This clause shall
survive termination or cancellation of this Agreement.

     13.9 Force Majeure.  Neither Customer nor Manufacturer  shall be considered
in default or liable for any delay or failure to perform any  provision  of this
Agreement if such delay or failure  arises  directly or indirectly out of an act
of nature,  acts of the public enemy,  freight  embargoes,  strikes,  quarantine
restrictions, unusually severe weather conditions, insurrection, riot, and other
such causes beyond the control of the party responsible for the delay or failure
to perform.

     13.10 Engineering  Changes.  Customer shall retain engineering control over
the entire Product,  including Components,  subassemblies and all other data and
material.  All  engineering  changes and  sourcing  changes  must be approved by
Customer before implementation by Manufacturer.  The cost increases or decreases
incurred as a result of engineering and sourcing changes will be reviewed and an
equitable  adjustment  shall be made in the price or shipping  schedule or both,
including costs to Manufacturer  for any material that is rendered excess due to
the change.  Such changes will be implemented  only upon receipt by Manufacturer
of Customer's written request to proceed with the change.

<PAGE>

     13.11 Notices.  Unless otherwise  specified in this Agreement,  all notices
and other communications permitted or required hereunder shall be in writing and
shall be mailed,  telecopied,  telegraphed,  telexed or  delivered  to the other
party at the address  set forth in the  following  (or at such other  address as
either  party shall  designate  in writing to the other party during the term of
this  Agreement  pursuant  to the  terms of this  Section  13.11)  and  shall be
effective  at the  earlier  of the time  received  of five  working  days  after
dispatch in accordance  with the terms of this Section.  Each notice to Customer
or Manufacturer shall be addressed, until notice of change thereof, as follows:

                  If intended for Customer, to:

                  MyTurn.com, Inc.
                  1080 Marina Village Parkway - 3rd Floor
                  Alameda, California  95401, U.S.A.
                  Attn: Vice President - Manufacturing
                  Telecopier Number:  1 (510) 263-4999

                  If intended for Manufacturer, to:
                  Shanghai Industrial Investment (Group) Co., Ltd
                  181 JiangXi Zhong Road, Shanghai, China
                  Attn: Mr. Shen Pengfei
                  Telephone Number: 86-21-63214373
                  Fax Number: 86-21-63216878
                  E-mail: Siigroup@public3.sta.net.cn
                          ---------------

     13.12 Assignment.  (a) Subject to Sections 13.12(b), this Agreement may not
be  assigned by either  party  without  the prior  written  consent of the other
party,  except that Customer may assign this Agreement,  in whole or in part, to
any successor to all or substantially all of its business and assets relating to
the subject matter of this Agreement, or to any subsidiary or affiliate (defined
to mean any entity at least 50 percent of whose voting or profits  interests are
owned or  controlled,  directly  or  indirectly,  by  Customer).  Any  attempted
assignment or transfer of any of the rights, duties, or obligations herein shall
be void if not in compliance with this subsection.

     (b)  Manufacturer  may select  manufacturing  partners (the  "Manufacturing
Partners")  acceptable to Customer (it is  acknowledged  that Shanghai Video and
Audio  Electronics  Co. Ltd. is an acceptable  manufacturing  partner).  In such
case, (i) the  Manufacturing  Partners  shall be jointly and severally  included
along with the  Manufacturer in the definition of  "Manufacturer"  herein in the
context of the  Manufacturer's  duties  and  obligation  hereunder  and (ii) the
Manufacturer shall not be relieved of any duties or responsibilities hereunder.

     13.13  Governing Law . This Agreement  shall be governed by the laws of the
People's Republic of China.

<PAGE>

     13.14  Waiver.  No failure or delay on the part of either  party  hereto in
exercising  any right or remedy under this  Agreement  shall operate as a waiver
thereof;  nor shall any single or partial  exercise of any such right or remedy.
No provision of this  Agreement  may be waived  except in writing  signed by the
party granting such waiver.

     13.15  Severability.  If any  provision  of  this  Agreement  is held to be
invalid, the other provisions will not be affected.

     13.16 Complete Agreement. This Agreement (including the attachments hereto,
Procedures and Timetables  after the date hereof and Purchase  Orders issued and
to be issued hereunder from time to time) constitutes the complete and exclusive
final  written  expression  of all the terms of agreement  between  parties.  It
supersedes all prior agreements, understandings, and negotiations concerning the
matters  specified  herein.  Any   representations,   promises,   warranties  or
statements  made by either  party that  differ in any way from the terms of this
Agreement and any  amendments,  modifications  or changes  hereto,  shall not be
binding on either party  unless made in writing and signed by a duly  authorized
representative of each party.

     13.17  Execution  in  Counterparts.  This  agreement  may  be  executed  in
counterparts, each of which shall be deemed to be an original, but both of which
together shall constitute one and the same instrument.

     13.18  Approval.  This  agreement  is subject to  approval  of the Board of
Directors of Customer and the Manufacturer's bank.

     13.19  Language.  This  agreement  is written in the  Chinese  and  English
version.  Both languages are equally authentic.  In the event of any discrepancy
between the aforementioned versions, the Chinese version shall prevail.

     13.20 Subject to the approval of MyTurn.com's Board of Directors,  Customer
will issue  Manufacturer  warrants to purchase 75,000 Common Shares of Customer,
with an exercise price equal to the closing price of Customer's Common Shares on
the  Nasdaq  SmallCap  Market  on the day  preceding  such  Board of  Director's
approval,  which warrants  shall be  exercisable  for a period of five (5) years
from the date of issuance.  The obligations of Customer in this Section 13.19 is
further subject to Manufacturer's provision of all representations,  warranties,
agreements  and other items to Customer which is required for Customer to comply
with exemptions from registration under Section 4(2) of the U.S.  Securities Act
of 1933, as amended, as it relates to the issuance of the warrants.

     IN WITNESS  WHEREOF,  the parties  have caused  this  Agreement  to be duly
executed as of the Effective Date.

  MYTURN.COM                                     SHANGHAI INDUSTRIAL

<PAGE>

                                       INVESTMENT (GROUP) CO., LTD.

By:/s/ Michael Fuchs                    By:/s/ illegible
   ---------------------------             --------------------------
   Michael Fuchs
   ---------------------------             --------------------------
   Name (Print or Type)                    Name (Print or Type)

Title:Chairman and CEO                  Title: Illegible
      ------------------------                 -----------------------

<PAGE>

                                    Glossary

Terms in this Agreement,  to the extent not defined  elsewhere in the Agreement,
shall mean as follows:

"Bill of  Materials"  shall mean a listing or reference for the  Components  and
Programs included in or required for the manufacture or assembly of the Products
based on their Specifications.  Generic or staple Components may be provided for
in general terms sufficient to give Customer an estimate of approximate cost.

"Components" shall mean parts,  materials,  and supplies included in or required
for each Product,  as provided in the Bill of Materials  for such  Product.  The
Components will include all equipment, Programs, or Intellectual Property Rights
included in or required for each Product.  Components may be  manufactured by or
for  Manufacturer  ("Manufacturer  Components")  or  obtained  from  or  through
Customer ("Customer  Components"),  if so indicated in the Bill of Materials for
the Products and otherwise  shall be considered  obtained by  Manufacturer  from
other sources ("Third-Party Components").

"Days" shall mean calendar days unless otherwise  specified,  provided that if a
deadline falls on a Saturday, Sunday, or holiday, it shall be extended until the
following regular business day.

"Delivery"  shall mean  delivery of  Products,  FOB  Manufacturer's  facility in
Shanghai, China.

"Intellectual Property Rights" shall mean any rights under patent, semiconductor
chip protection, copyright, trade secret, trademark, or similar laws which would
restrict  the  manufacture,  assembly,  or  distribution  of the Products or the
subsequent  use,  sale,  or repair of the Products as purchased by Customer from
Manufacturer hereunder.

"Manufacturing and Design Documentation" shall mean materials and media provided
to Manufacturer by Customer or third-party contractors,  suppliers, or licensors
acting  at  Customer's   request  or  created  by  Manufacturer  or  third-party
contractors,  suppliers,  or licensors acting at Manufacturer's request, in each
case specifically for use in the manufacture and assembly of Products hereunder,
including drawings, routings, Bills of Materials,  schematics, circuit diagrams,
Specifications, and test documents.

"Nonrecurring Charges (NRC)" shall mean charges for special development or other
activities listed under this designation in a Statement of Work, Purchase Order,
or Procedure and Timetable.

"Products" shall mean the Customer's  GlobalPC  personal  computer  specified in
each  Purchase  Order  issued  under this  Agreement,  and as  described  in the
Specifications, which comprises the

<PAGE>

integrated  unit  described  in each  Statement  of Work.  There can be multiple
versions  of a  Product,  based  on  differences  provided  for  under  Bills of
Materials and Statements of Work.

"Purchase  Order"  shall  mean an order to  purchase a  specific  quantity  of a
Product  submitted by Customer and accepted by  Manufacturer  in accordance with
this  Agreement,  which  refers to the  version  and  volume of  Products  to be
manufactured  and  purchased;  price terms;  scheduled  delivery  dates  (unless
submitted on open  delivery  terms);  and "sold to," "invoice to," and "ship to"
addresses.

"Specifications"  shall mean the description of the Product, as provided through
detailed drawings,  an approved vendor list, in-process and final test criteria,
or similar documentation.

"Statement  of Work"  shall mean a document  relating to a  particular  Product,
documented  and agreed on by  Manufacturer  and  Customer,  which  refers to the
Specifications  for the  Product  that  Manufacturer  agrees to  manufacture  or
assemble pursuant to Purchase Orders Customer may submit hereunder.  If multiple
versions of a Product are contemplated,  an initial Statement of Work may give a
generalized  description or provide sample specifications and leave the detailed
specifications  of each  version to the terms of further  Bills of  Materials or
Statements of Work. Price terms,  packaging,  and applicable  testing procedures
for each  Product  may be set  forth in a  Statement  of Work or  Procedure  and
Timetable.  A Statement of Work may include minimum volume purchase  commitments
to be  satisfied  through  future  Purchase  Orders.  A Statement of Work may be
implemented  by reference to a new or changed Bill of Materials.  A Statement of
Work may provide for special packaging or logo requirements.

<PAGE>

                                  SCHEDULE 2.1

                                 Number of Units

         Total amount of units in 2000 shall be at least 705,000 units.

<PAGE>

                                  SCHEDULE 4.1

                                     Pricing

     The actual cost per unit of Product  will be  established  by both  parties
based upon the lowest costs that the  Manufacturer and the Customer each in good
faith using best efforts can secure relating to the manufacture of the Products,
(the  "Manufacturing  Costs")  including,   but  not  limited  to,  Manufacturer
Components  and  Customer  Components,   respectively,  and  Manufacturer's  and
Customer's  respective related overhead and processing fees, and packaging costs
and ocean freight costs,  and banking and finance  costs.  In no event shall the
cost per unit for the first  100,000  units  exceed US $292.00.  The pricing for
next  batch  of  150,000  shall  be  decided  jointly  by the  Customer  and the
Manufacturer later on according to the actual cost at that time.

<PAGE>

                                   EXHIBIT 5.5

                          Form of Shipment Release Memo

                                                   No. __________

Date:

From:     MyTurn.com

To:       Shanghai Industrial Investment (Group) Co. Ltd.

Dear Sirs:

     This memo is a confirmation that the GPC products specified below have been
inspected and accepted. They are released for shipment.

Product Model

---------------------- ---------------------------------------------------------
Lot identification                                         Serial numbers:

---------------------- ---------------------------------------------------------
Number of units in shipment                                 Remarks:

---------------------- ---------------------------------------------------------

MyTurn.com, Inc.

---------------------
Authorized Signature

<PAGE>Bank of America Commercial Finance

                                    Factoring

                               Factoring Agreement

                              entered into between

                                MyTurn.com, Inc.

                                       and

                     Banc of America Commercial Corporation

Banc of America Commercial Corporation
P.O. Box 4095
Atlanta, Georgia 30302

Ladies and Gentlemen:

     We are pleased to confirm the  following  agreement by which you are to act
as sole factor for sales made by us:

SECTION 1.  DEFINITIONS

     1.1  "Banking  Day" shall mean a day for  dealings  by and  between  banks,
excluding  Saturday,  Sunday and any day which  shall be a legal  holiday in the
City of Atlanta,  Georgia,  and any other day on which banking  institutions are
authorized to close in the City of Atlanta, Georgia.

     1.2  "Credit  Risk"  shall  mean  the  risk of loss  resulting  solely  and
exclusively  from  a  Customer's  failure  to  pay at  maturity  because  of its
financial inability.

     1.3 "Customer  Dispute" shall mean any cause for nonpayment of Receivables,
other  than  the  financial  inability  of  the  Customer,   including,  without
limitation, any alleged defense, offset, or counterclaim.

     1.4  "Customers"   shall  mean  the  account   debtors   obligated  on  the
Receivables.

     1.5 "Default" shall mean the occurrence of any of the following events: (a)
nonpayment  when due of any amount payable on any of the  Obligations or failure
to perform any agreement or meet any obligation of ours  contained  herein or in
any agreement out of which any of the  Obligations  arose;  (b) default by us in
repayment  when due of any  indebtedness  of $10,000 or greater now or hereafter
owed  for  monies  borrowed  from  any one  other  than  you;  (c) any  material
statement,  representation, or warranty of ours made orally or in writing herein
or in any other writing or statement at any time  furnished or made by us to you
is  untrue  in any  material  respect  as of the date  furnished  or  made;  (d)
suspension of the  operation of our present  business;  (e) any Obligor  becomes
insolvent or unable to pay debts as they  mature,  makes an  assignment  for the
benefit of  creditors,  or a proceeding  is instituted by or against any Obligor
alleging  that such  Obligor is insolvent or unable to pay debts as they mature,
or a  petition  under  any  provision  of Title  11 of the  United  States  Code
(entitled  "Bankruptcy"),  as amended is brought by or against any Obligor;  (f)
death of any Obligor who was a natural  person,  or death or  withdrawal  of any
partner of any  Obligor  which is a  partnership,  or  dissolution,  merger,  or
consolidation  of any  Obligor  which is a  corporation;  (g) sale,  transfer or
exchange,  either directly or indirectly, of a controlling stock interest of any
Obligor which is a  corporation;  (h)  termination or withdrawal of any guaranty
for the  Obligations;  (i) appointment of a receiver for any collateral  pledged
for the  Obligations  or for any property in which we have an interest;  (j) the
Pension Benefit Guaranty  Corporation  shall commence  proceedings under Section
4042 of the Employee Retirement Income Security Act

                                        1

<PAGE>

of 1974 (ERISA) to terminate any employee pension benefit plan of Debtor; or (k)
you in good  faith  deem the  prospect  of our  payment  or  performance  of the
Obligations to have been materially impaired.

     1.6 "Net Amount" of Receivables shall mean the gross amount of Receivables,
less maximum discounts,  less returns,  less credits or allowances of any nature
at any time issued, owing, granted or outstanding, and less also your commission
as set forth herein.

     1.7  "Obligations"  shall  mean all of our  obligations  to you  hereunder,
including without limitation advances of the purchase price of Receivables,  all
obligations  of ours to you under any note,  contract  of surety,  guaranty,  or
accommodation,  or with respect to letters of credit or acceptances,  sums owing
to you for goods  and/or  services  purchased  from any other firm  factored  or
financed by you, and all other  obligations of ours to you, however and whenever
created,  arising or evidenced,  whether direct or indirect,  through assignment
from third parties in the ordinary course of your business, absolute, contingent
or otherwise, now or hereafter existing or due or to become due.

     1.8 "Obligor" shall mean: us and each other party primarily or secondarily,
directly or indirectly liable on any of the Obligations.

     1.9 "Payment Date" shall mean: (a) for each credit-approved  Receivable for
which you retain the Credit  Risk,  two (2) Banking Days after the date on which
the  Receivable is credited by you to our account or, if such  Receivable is not
paid,  one hundred twenty (120) days after the due date of the Receivable or, if
such day is not a Banking Day, the next Banking Day; and (b) for each Receivable
for which you do not bear the Credit  Risk,  Two (2) Banking Days after the date
on which the Receivable is credited by you to our account.

     1.10  "Prime  Rate" shall mean the rate of  interest  announced  by Bank of
America,  N.A.  from time to time as its Prime  Rate,  such rate to be  adjusted
automatically, without notice, on the effective date of any change in such rate.

     1.11 "Receivables" shall mean all accounts,  instruments,  contract rights,
chattel paper,  documents,  and general  intangibles arising from our Sales, and
the proceeds  thereof,  and all security and  guaranties  therefor,  whether now
existing or hereafter created.

     1.12 "Sales"  shall mean the sale of goods and/or the rendition of services
by us in the ordinary  course of our business to Customers in the United  States
of America and Puerto Rico.

SECTION 2.  SALE AND APPROVAL; PURCHASE PRICE; COMMISSION;  ADVANCES; RESERVE

     2.1 We hereby assign and sell to you as absolute owner,  without  recourse,
except as hereinafter  set forth,  our entire interest in all of our present and
future Receivables.

     2.2  Notwithstanding  any other  provision of this  Agreement,  each of our
Receivables in a gross amount of One Hundred  Dollars ($100) or less is assigned
and sold to you under this Agreement with full recourse.

     2.3 All  orders for Sales  shall be  submitted  to you for credit  approval
prior to shipment of the goods or rendition of the services so ordered, and each
approved Sale shall be made only in accordance  with such  approval.  All credit
approvals must be in writing. Receivables arising from orders not so approved by
you, in whole or in part, shall be with full recourse to us to the extent and in
the respects not so approved.  A credit  approval  shall not be effective if (a)
the  approved  terms of sale  are  changed,  (b)  delivery  of the  goods to the
Customer is not made by us within  forty-five  (45) days after the shipping date
specified in our request for credit  approval,  or if no such date is specified,
within  forty-five  (45)  days  of  the  credit  approval,  or (c)  the  invoice
representing  the Sale is not delivered to you within twenty (20) days after the
shipment date. Credit approval may be by credit line. While a credit line

                                        2

<PAGE>

remains in force,  Receivables  (or parts  thereof)  in excess of such line will
succeed  amounts  within the line which are paid by or credited to the Customer;
the succession of  Receivables  (or parts thereof) shall take place in the order
of maturity and shall be limited to amounts then so paid or credited.  The right
of succession ceases when the line is cancelled.  On all  credit-approved  Sales
you assume the Credit Risk up to the amount so approved and will bear the credit
loss  on  the  amount  of  the  uncollected  Receivables  if a  Customer,  after
delivery/rendition  and acceptance of the  goods/services,  fails on due date to
pay in  full  solely  because  of  financial  inability,  but  you are not to be
responsible  where nonpayment  results from any Customer  Dispute,  acts of God,
war, civil strife,  currency  restrictions,  or foreign  political  impediments,
because  we assume all other  risks.  Credit  approvals,  once  granted,  may be
withdrawn  by you  prior  to  shipment/rendition  of the  goods/services  if you
believe there have been negative changes in the Customer's  ability to pay. With
regard to Sales without credit  approval or in excess of any approved  amount of
credit,  as to any given Customer,  we agree that any payments or credits on any
Receivables owing from such Customer may be applied first to any credit-approved
Receivables which may at any time be unpaid,  regardless of the respective dates
such Sales occurred and regardless of any notations on payment items,  or may be
applied  in  such  other  manner  as you in  your  sole  discretion  shall  deem
appropriate.

     2.4 We will provide you with listings of Receivables  in form  satisfactory
to you, together with Customers'  invoices,  shipping documents,  and such other
documents and proof of delivery/rendition as you may at any time require.  After
the date that is ninety (90) days after the effective  date hereof (the "On-Line
Date"), all orders,  invoices,  credits and reports will be submitted to you via
electronic  transmission.  In the  event  that  we are  unable  to  submit  such
information electronically,  you shall charge our account a fee in the amount of
Five Dollars ($5.00) for each invoice for which  electronic  transmission is not
utilized  after the On-Line Date.  Billing on invoices by whomever done shall be
conclusive evidence of assignment and sale hereunder of such Receivables whether
or not we execute any other  instrument  with regard  thereto.  All  invoices to
Customers  shall  state  plainly  on  the  face  thereof  that  the  Receivables
represented  by such invoices have been  assigned,  sold, and are payable to you
only. All  remittances  obtained by us against  Receivables  will be received in
trust for you, and will turn over to you the identical  remittances  as speedily
as possible;  provided,  however,  that nothing herein  authorizes us to collect
Receivables.

     2.5 The  purchase  price of  Receivables  is to be the Net Amount  thereof,
which,  less any charges and reserves,  will be due and payable on Payment Date.
We shall pay you a commission as follows:  the standard  commission shall be one
half of one percent (0.50%) of the gross amount of such Receivables,  except one
quarter of one percent  (0.25%) of the gross amount of Receivables at our Credit
Risk which  Receivables  we shall  assign on separate  schedules,  for the first
sixty (60) day term or part thereof  plus one quarter of one percent  (0.25%) of
such amount for each additional thirty (30) day term or part thereof;  provided,
however,  that the minimum per invoice  commission shall be five Dollars ($5.00)
(the standard commission and the per invoice commission  hereinafter referred to
collectively  as the  "Standard  Commissions");  and further  provided  that the
minimum  commissions paid by us each contract year,  beginning 1 June and ending
31 May, shall be One Hundred  Thousand Dollars  ($100,000).  You may retain from
sums payable to us a reserve,  which reserve may be revised from time to time at
your  discretion,  in order to provide for Customer  Disputes,  possible  credit
losses on unapproved Receivables, sums owing to you for goods/services purchased
by us from any  other  firm  factored  or  otherwise  financed  by you,  and the
Obligations. A discount, credit, or allowance after issuance or granting may not
be  claimed by us, but may be claimed  solely by the  Customer;  no third  party
beneficiary rights are created hereby.

     2.6 Prior to Payment  Date,  upon our request and at your sole  discretion,
you  may  advance  to us up to  zero  percent  (0%)  of the  purchase  price  of
Receivables  less charges and reserves.  Any additional  amounts  advanced to us
shall also be repaid  immediately  and shall in all other respects be subject to
this  Agreement.  We agree that we will use the proceeds of such advances and/or
overadvances solely for our company's working capital purposes.

     2.7 We shall pay to you on  demand  any  advances  or  charges  at any time
outstanding in our account.

                                        3

<PAGE>

     2.8 You will  render a statement  of account  monthly,  and such  statement
shall be  binding  upon us  except  as to  specific  matters  for  which you are
notified  in writing to the  contrary  within  sixty (60) days after the date of
such statement.

SECTION 3.  INTEREST

     Interest  shall be  charged  for the  number of days that  advances  of the
purchase  price are made prior to  Payment  Date and for the number of days that
advances or other charges to our account  remain  outstanding at the rate of the
Prime Rate per annum; except,  however, that the interest rate shall in no event
be less than five  percent  (5%) per annum.  Interest  shall be  computed on the
basis of a year of three  hundred  sixty  (360) days,  for actual days  elapsed.
After  termination  or upon a Default  hereunder,  we shall pay  interest on our
obligations  hereunder at the rate of the Prime Rate per annum,  with changes to
such rate of interest to take effect as hereinbefore  provided.  For the purpose
of interest  calculation,  commissions  earned during each month shall be deemed
charged to our account on the fifteenth (15th) day of each month.

SECTION 4.  POWER OF ATTORNEY

     We hereby appoint you as our attorney-in-fact to receive, open, and dispose
of all mail addressed to us pertaining to Receivables;  to endorse our name upon
any notes,  acceptances,  checks,  drafts,  money orders, and other evidences of
payment  of  Receivables  that may come into your  possession  and to deposit or
otherwise  collect the same;  and to do all other acts and things  necessary  to
carry  out the  terms of this  Agreement.  This  power,  being  coupled  with an
interest,  is  irrevocable  while any Receivable  shall remain  unpaid.  You, as
attorney-in-fact,  shall not be liable for any errors of  judgment or mistake of
fact.

SECTION 5.  SECURITY INTEREST

     We hereby  grant you a security  interest  in all of our present and future
accounts,  instruments,  contract rights,  chattel paper,  documents and general
intangibles, (whether arising before or after termination of this Agreement) and
all returned,  repossessed,  and reclaimed goods, and books and records relating
thereto, to secure all of the Obligations. We further sell and assign to you all
our title and/or interest in the goods (unless  released by you)  represented by
Receivables as well as goods returned by or repossessed  from Customers,  all of
our rights as an unpaid  vendor or  lienor,  all or our  rights of  stoppage  in
transit,  replevin  and  reclamation  relating  thereto,  and all of our  rights
thereto; we will cooperate with you in exercising any rights with respect to the
goods.  In  addition,  we hereby  grant you a security  interest  in the reserve
established pursuant to Section 2.5 hereof, to secure all of the Obligations.

SECTION 6.  REPRESENTATIONS, WARRANTIES AND COVENANTS

     6.1 We  represent  and warrant that we are fully  authorized  to enter into
this Agreement and perform hereunder and covenant that we will continue to be so
for the duration of this Agreement.

     6.2 We represent and warrant that we are solvent.

     6.3 We represent  and warrant that our  Receivables  are, and covenant that
they shall be, at the time of their creation, bona fide and existing obligations
of our  Customers  arising  out of our  Sales,  free and  clear of all  security
interests, liens, and claims whatsoever.

     6.4 We  represent  and  warrant  that our  inventory  is not subject to any
security interest, lien or encumbrance whatsoever, and we covenant that we shall
not permit it to become so encumbered without your prior written consent.

                                        4

<PAGE>

          6.5 We represent  and warrant with  respect to each  Receivable  as it
     arises:

               (a)  We will  have  made  delivery  of the  goods  or  will  have
                    rendered the services ordered;

               (b)  The Customer will accept the goods and/or services;

               (c)  No Customer Dispute will exist in any respect;

               (d)  We will have  preserved  and will  continue to preserve  any
                    liens and any rights to liens  available by virtue of Sales;
                    and

               (e)  The Customer will not be our affiliate.

SECTION 7.  CUSTOMER DISPUTES, CHARGEBACKS AND RETURNS

     We will notify you promptly and will settle all Customer Disputes,  but you
have the right at all times to do so  directly  and to  compromise,  adjust,  or
litigate all such Customer Disputes. If a Customer Dispute exists or is asserted
with regard to any Receivable,  or if we breach any representation,  warranty or
covenant with respect to any Receivable,  you may charge back to our account the
Net Amount of such  Receivable,  as well as all other  Receivables  owing by the
same  Customer.  You may charge back to our  account at any time any  unapproved
Receivable,  whether  before or after its due date.  A  chargeback  shall not be
deemed a  reassignment  of the  Receivable,  and title  thereto and to the goods
represented  thereby shall remain in you until you execute a  reassignment.  All
returned,  replevied,  and reclaimed  goods coming into our possession  shall be
held in trust by us for you.

SECTION 8.  BOOKS AND RECORDS; FINANCIAL STATEMENTS

     You and your  representatives  shall at all reasonable times have the right
to examine  all of our books and  records.  We agree to prepare  and furnish you
within  forty-five  (45)  days  after  the  close  of  each  quarter,  financial
statements  unaudited and in such form and detail as you may reasonably require.
We also agree to have prepared, and to furnish you within ninety (90) days after
the close of our fiscal year,  financial  statements which have been audited and
certified by an independent certified public accountant suitable to you.

SECTION 9.  INDEMNITY

     We shall indemnify you for all losses,  costs and expenses  incurred by you
in connection with  Receivables for which credit approval has not been given and
in connection  with  Receivables  which are unpaid at maturity for reasons other
than financial inability.  Further, we shall indemnify you for any liability for
duties,  forwarder's fees, storage,  shipping charges,  sales or excise taxes or
other expenses in connection with the Receivables and for any losses  occasioned
by claims of Customers  under  Receivables.  This  indemnity  shall  survive the
termination of this Agreement.

SECTION 10.  APPLICABLE LAW

     This Agreement  shall be governed by,  construed and enforced  according to
the laws of the State of California.

SECTION 11.  EFFECTIVE DATE; TERMINATION; BINDING EFFECT

     If accepted by you, this  Agreement  shall be effective on the ________ day
of  ________________,  2000,  and shall continue in full force and effect until:
(a)  terminated by you at any time by giving to us not less than sixty (60) days
prior  written  notice.;  or (b)  terminated  by us at any time by giving you at
least  sixty (60) days  notice and  further  provided  we have paid you at least
$100,000  minimum  commission  in the contract  year in which we terminate  this
Agreement. This Agreement may be terminated at any time by you without notice to
us  should  any  Default  occur.  Upon  termination,  we  will  pay  all  of our
Obligations  to you,  and in any  event  we will  remain  liable  to you for any
deficiency   remaining  after  determination  of  our  liability  hereunder  and
liquidation of any collateral. Also,

                                        5

<PAGE>

upon  termination  you may  withhold any payment to us unless  supplied  with an
indemnity  satisfactory to you. This Agreement shall bind us, our successors and
assigns and shall inure to the benefit of you, your  successors and assigns;  we
agree that you may delegate your duties hereunder.

SECTION 12. EXPENSES; ATTORNEYS' FEES; NO WAIVER; SEVERABILITY; NOTICES;
            HEADINGS

     We shall pay all reasonable expenses incurred by you in connection with the
execution of this Agreement,  including expenses incurred in connection with the
filing of financing  statements,  continuation  statements,  record searches and
reasonable attorneys' fees. We shall also pay you such wire transfer and similar
fees as you charge from time to time and, in connection  with your  examinations
of our books and records,  such examination fees as you charge from time to time
as well as your  out-of-pocket  expenses.  Upon  liquidation of any  collateral,
settlement or prosecution of Customer Disputes, or enforcement of any obligation
of ours hereunder, you may charge to our account all costs and expenses incurred
including  fifteen percent (15%) of the amount  involved as attorneys'  fees, if
collection is by or through an attorney and such costs,  expenses and fees shall
constitute obligations hereunder. No delay or failure on your part in exercising
any right,  privilege,  or option hereunder shall operate as a waiver of such or
of any  other  right,  privilege,  or  option,  and  no  waiver,  amendment,  or
modification  of any  provision  of this  Agreement  shall be  valid,  unless in
writing  signed by you and then only to the extent  therein  stated.  Should any
provision of this  Agreement be prohibited by or invalid under  applicable  law,
the validity of the  remaining  provisions  shall not be affected  thereby.  Any
notices,  requests,  demands  or other  communications  given by you under  this
Agreement  may be sent by mail,  telex,  telegraph,  delivery or telecopy to our
most current address as reflected in your records.  The headings used herein are
intended to be for  convenience  of reference only and shall not define or limit
the  scope,  extent or intent or  otherwise  affect the  meaning of any  portion
hereof.

SECTION 13.  ENTIRE AGREEMENT; WAIVER OF JURY TRIAL

     This Agreement  embodies our entire  agreement as to the subject matter and
supersedes  all prior  agreements  as to the subject  matter.  EACH OF US HEREBY
WAIVES  ALL RIGHTS TO A TRIAL BY JURY IN ANY ACTION OR  PROCEEDING  RELATING  TO
TRANSACTIONS UNDER THIS AGREEMENT.

SECTION 14.  TRADE STYLES

     Receivables  under this Agreement  shall include those created by our doing
business  under the  following  trade  styles,  all of which  have been duly and
properly registered:

         GlobalPC

SECTION 15.  SPECIAL STIPULATIONS

         None.

                                   MyTurn.com, Inc.

                                By: _______________________________________
                                                                (Title)

                                        6

<PAGE>

                                   ACCEPTANCE

         The foregoing Factoring Agreement is accepted in Atlanta, Georgia as of
the ______ day of _______________, 2000.

                                        Banc of America Commercial Corporation

                                      By: __________________________________
                                                                 (Title)

Funds Employed

                                        7

<PAGE>

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