Document:

EXHIBIT 10.15

                                 LOAN AGREEMENT

This  agreement  is entered  into on  September 6, 2002 between the company with
limited liability  according to the laws of England Invu International  Holdings
Ltd.,  having its corporate  seat in London and offices at the Beren,  Blisworth
Hill Farm, Stoke Road,  Blisworth,  Northhamptonshire NN 7 3 DB, United Kingdom,
("Invu")  and the company with  limited  liability  according to the laws of The
Netherlands,  Corsham Holding B.V., having its seat Amsterdam and office address
in the United Kingdom at the Beren,  Blisworth Hill Farm, Stoke Road, Blisworth,
Northamptonshire NN 7 DB ("IN").

WHEREAS Invu and IN entered into the Exclusive Copyright and Trademark/tradename
licence  as well as the  Transfer  of Trade  Secrets  and  Exclusive  License of
Know-How Agreement (the "Agreements").

WHEREAS  the  total  price for the  Agreements  is a lump sum of  British  Pound
Sterling  25,000,000 (say:  twenty five million British Pound Sterling)  ((euro)
39,372,499) of which the amount of (euro) 965,544 (say:  nine hundred sixty five
thousand  and five  hundred  and forty four Euro) has been paid in cash today to
Invu by IN and of which the amount of (euro)  3,006,294 (say:  three million six
thousand two hundred and ninety four Euro) is compensated with a debt of Invu to
IN.

WHEREAS  Invu and IN want to enter into a loan  agreement  for the  remainder of
(euro)  35,400,661  (say:  thirty five  million and four  hundred  thousand  six
hundred sixty one Euro) taking as a starting point that 1 British Pound Sterling
equals 1,5749 Euro and wish to formulise the terms of the loan agreement in this
document.

WHEREAS IN is centrally and  effectively  managed and controlled from the United
Kingdom,  and operates from the United Kingdom with  additional  premises in The
Netherlands.

AGREE AS FOLLOWS:

     Article 1 LOAN

1.1  Invu  renders  to IN the right to  postpone  the  payment  of the amount of
     (euro)  35,400,661  which IN is required to pay to Invu on the basis of the
     Agreements  and therefore  lends this amount to IN. This amount  represents
     the remainder of the total price of (euro) 39,372,499 for the Agreements.

1.2. IN is  required  to repay the total  sum of  (euro)  35,400,661  to Invu on
     September 6, 2011 unless the parties agree that the  principal  amount will
     be repaid on an earlier date.

1.3. IN pays  interest to Invu as of the date of the signing of this  agreement.
     The  interest  rate is 6.5 % (say:  six and a half  percent)  on an  annual
     basis.  The  interest  rate will (only) be  calculated  over the  principal
     amount.  The interest  for the first three years will not be payable  until
     September 6, 2005.  On September 6, 2005 IN will  therefore pay to INVU the
     interest  for the past three  years.  As of  September 6, 2005 the interest
     will be due and must be paid by IN to Invu each year on September 6 of that
     year.

1.4. It is understood  that the loan is rendered in Euro's  and that all the
     obligations hereunder shall be complied with in Euro's.

<PAGE>

     Article 2 EARLY REDEMPTION

2.1. Early  redemption  of the loan in whole or in part is permitted at any time
     and without penalty.

2.2. In the event  early  redemption  will take place  prior to  September 6 the
     interest due for that  specific  year will be  calculated  pro rata for the
     period prior to the early redemption.

     Article 3 EVENT OF DEFAULT

3.1. In the event Invu and/or IN terminate during the duration of the Agreements
     the  Agreements  the  loan  will  be  diminished  if and in the  manner  as
     indicated in the Agreements.

3.2. The  following  events  will  qualify  as  events of  default  of this loan
     agreement  which  render to Invu the right to claim  early  payment  of the
     remaining  principal  amount as well as the accrued  interest  thereon with
     immediate effect:

     1.   in the event the Agreements will during its existence be terminated by
          Invu on the  basis of a  material  breach by IN which can be blamed to
          IN.

     2.   in the event of bankruptcy of IN or any  situation  reasonably  giving
          rise to doubt  with  regard to IN's  ability  to meet the  obligations
          hereunder and the payment of the principal amount.

     3.   in the event IN will not cure a default under this agreement  within a
          reasonable period after being given written notice to cure the default
          by Invu.

     Article 4 INFORMATION

4.1. IN has the duty to inform  Invu in the event of  situations  which  have or
     might have a substantial impact on the financial  situation of IN including
     when IN grants  security  rights to third parties in respect to its assets.
     In the  event  IN has any  influence  on the  latter  circumstances  - e.g.
     entering into of an agreement or the vesting of a security  right - IN will
     inform Invu before entering into these  agreements  and/or  rendering these
     security rights.

4.2. Once a year Invu has the right - without giving prior notice - to check the
     administration  of IN in order to  establish  whether IN complies  with its
     obligations meant in art. 4.1.

     Article 5 PLEDGE

     In order to secure  the loan  mentioned  in this  agreement  IN will vest a
     pledge on behalf of INVU - according  to art.  3:239 Dutch Civil Code by an
     authenticated deed - each month on all claims IN has obtained in respect to
     the sale of the Products on its  resellers  and/or other  purchasers in the
     previous month.

     Article 6 MISCELLANEOUS

6.1. This  loan  agreement  is  governed  by the  laws of The  Netherlands.  The
     District Court in Amsterdam - Commercial  Chambers including its Injunctive
     Relief Judge - is solely competent to judge about a conflict resulting from
     this agreement.

<PAGE>

6.2. IN does not have the right to compensate nor to suspend its obligations (in
     Netherlands: "het recht op verrekening en opschorting is uitgesloten").

6.3. This document  encompasses all the parties agreed upon in this respect. All
     eventual  earlier or other  agreements  are herewith  withdrawn.  This loan
     agreement can only be amended by a written  document  which has been signed
     by both parties to this agreement.

     IN WITNESS  WHEREOF this  agreement is signed in two fold by the parties to
     this  agreement  in  Blisworth,  United  Kingdom  and on the  date  of this
     agreement mentioned above.

-----------------------                     ----------------------------
Invu International Holdings Ltd.            Corsham Holding B.V.
By: John Agostini                           By: Invu International Holdings Ltd.
Position: Company Secretary                 Position: Company Secretary
                                            By: John Agostini<PAGE>

                                                                    EXHIBIT 4.1

CONTROL No. _________________________     Number of Rights ____________________

        VOID IF NOT RECEIVED BY THE SUBSCRIPTION AGENT BEFORE 5:00 P.M.
                    NEW YORK CITY TIME ON OCTOBER   , 2002

                        ENCOMPASS SERVICES CORPORATION
                     SUBSCRIPTION RIGHTS FOR COMMON STOCK

Dear Rights Holder:

   As the registered owner of this Subscription Certificate, you are the owner
of the number of subscription rights shown above. Each subscription right
entitles you to subscribe for one share of common stock, par value $0.001 per
share, of Encompass Services Corporation at the subscription price of $0.55 per
share (the "Basic Subscription Privilege"). If you subscribe for all of the
shares available pursuant to your Basic Subscription Privilege, you are also
entitled to purchase additional shares at the Subscription Price (subject to
pro-ration and certain limitations described in the enclosed Prospectus). The
other terms and conditions of these Subscription Rights are set forth in the
enclosed Prospectus.

   You have been issued one subscription right for each share of common stock
that you held on September 13, 2002 and one subscription right for each share
of common stock issuable upon the exercise or conversion of the 7.25%
convertible participating preferred stock and certain of our options and
warrants that you held on September 13, 2002.

                THESE SUBSCRIPTION RIGHTS ARE NON-TRANSFERABLE

   You have four choices:

    1. You can subscribe for one share of common stock for each subscription
       right that you received, as listed at the top of the page;
    2. If you have exercised your Basic Subscription Privilege in full, then
       you can subscribe for additional shares of common stock (the
       "Over-Subscription Privilege"). Such shares may be available to you
       subject to an allocation process as described in the Prospectus;
    3. You can subscribe for less than all of the subscription rights that you
       received, as listed above, and allow the rest of your subscription
       rights to expire; or
    4. If you do not want to purchase any additional shares, you can disregard
       this material.

TO SUBSCRIBE, FULL PAYMENT OF THE SUBSCRIPTION PRICE IS REQUIRED FOR EACH SHARE
OF COMMON STOCK. YOU MUST COMPLETE THE REVERSE SIDE OF THIS FORM TO SUBSCRIBE
FOR NEW SHARES.

<PAGE>

                 DELIVERY OPTIONS FOR SUBSCRIPTION CERTIFICATE

<TABLE>
<S>                        <C>                        <C>
BY MAIL:                   BY OVERNIGHT COURIER:      BY HAND:
Mellon Bank, N.A.          Mellon Bank, N.A.          Mellon Bank, N.A.
C/O Mellon Investor        C/O Mellon Investor        C/O Mellon Investor
Services LLC               Services LLC               Services LLC
P.O. Box 3301              85 Challenger Road         120 Broadway, 13th Floor
South Hackensack, NJ 07606 Ridgefield Park, NJ 07660  New York, New York 10271
Attention: Reorganization  Attention: Reorganization  Attention: Reorganization
Department                 Department                 Department
</TABLE>

 Delivery to an address other than one of the addresses listed above will not
                          constitute valid delivery.
           Delivery by facsimile will not constitute valid delivery.

               PLEASE PRINT ALL INFORMATION CLEARLY AND LEGIBLY

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

IF YOU WISH TO SUBSCRIBE FOR YOUR FULL BASIC SUBSCRIPTION RIGHT OR A PORTION
THEREOF:

     I apply for ____________ shares   x   $0.55     =   $________________

                    (No. of new shares)                          (Amount
Enclosed)

IF YOU HAVE SUBSCRIBED FOR YOUR FULL BASIC SUBSCRIPTION RIGHT ABOVE AND WISH TO
PURCHASE ADDITIONAL SHARES PURSUANT TO THE OVER-SUBSCRIPTION PRIVILEGE:

    I apply for ____________ shares   x   $0.55____   =   $________________

                    (No. of new shares)                          (Amount
Enclosed)

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

             TO SUBSCRIBE. I               YOU MUST HAVE YOUR
          acknowledge that I have          SIGNATURE GUARANTEED IF
          received the Prospectus          YOU WISH TO HAVE YOUR
          for this offer and I             SHARES DELIVERED TO AN
          hereby irrevocably               ADDRESS OTHER THAN THAT
          subscribe for the number         SHOWN ON THE FRONT.
          of shares indicated above        Your signature must be
          on the terms and                 guaranteed by: (a) a
          conditions specified in          commercial bank or trust
          the Prospectus. I hereby         company, (b) a member
          agree that if I fail to          firm of a domestic stock
          pay for the shares of            exchange, or (c) a credit
          common stock for which I         union.
          have subscribed, the             Signature Guaranteed: ___
          company may exercise its            (Name of Bank or Firm)
          legal remedies against me.       By:____________________
          Signature(s) of                   (Signature of Officer)
          Subscriber(s):
          _________________________
          _________________________
          Please give your
          telephone number:
          (     )
          _________________________
          Address for delivery of
          shares if other than
          shown on front:
          _________________________
          _________________________
          IMPORTANT: The
          signature(s) must
          correspond in every
          particular, without
          alteration, with the
          name(s) as printed on the
          reverse of this
          Subscription Certificate.
          If permanent change of
          address, check here  [_]

--------------------------------------------------------------------------------
FULL PAYMENT FOR THE SHARES MUST ACCOMPANY THIS FORM AND MUST BE MADE PAYABLE
IN UNITED STATES DOLLARS IN A CHECK OR BANK DRAFT DRAWN UPON A U.S. BANK OR
POSTAL, TELEGRAPHIC OR EXPRESS MONEY ORDER AND PAYABLE TO MELLON INVESTOR
SERVICES LLC (ACTING ON BEHALF OF MELLON BANK, N.A.), AS SUBSCRIPTION AGENT.
PAYMENT MAY ALSO BE MADE BY THE WIRE TRANSFER OF IMMEDIATELY AVAILABLE FUNDS AS
DESCRIBED IN THE PROSPECTUS.

IF YOU ELECT TO SUBSCRIBE, YOU MUST PROVIDE THE SUBSCRIPTION AGENT WITH A
CORRECT TAXPAYER IDENTIFICATION NUMBER (TIN) ON SUBSTITUTE FORM W-9. SEE
EXHIBIT B TO THE INSTRUCTIONS AS TO USE OF ENCOMPASS SERVICES CORPORATION
RIGHTS CERTIFICATE.

STOCK CERTIFICATES FOR THE SHARES SUBSCRIBED TO PURSUANT TO THE RIGHTS OFFERING
WILL BE DELIVERED AS SOON AS PRACTICABLE AFTER THE EXPIRATION DATE. ANY REFUND
IN CONNECTION WITH YOUR SUBSCRIPTION WILL BE DELIVERED AS SOON AS PRACTICABLE
THEREAFTER.

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