Document:

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                                  Exhibit 10.18

                                 Lease Agreement

This Lease is made by and between LESSOR : Kid Castle Internet Technology
Corporation (hereinafter referred to as "Party A"), LESSEE : Chevady Educational
Corporation (hereinafter referred to as "Party B") and Party B's Guarantor
:(intentionally blank) (hereinafter referred to as "Party C") for the lease of
premises hereunder. Both parties agree to abide by the terms and conditions set
forth as follows:

1.   Premises under the Lease : 1st Floor, No. 148, Cheng-Kuo Road, Hsintien
     City, Taipei County, under the Lease.

2.   The term of the Lease shall be One year, commencing from July 1st, 2002 to
     June 30st, 2003.

3.   The monthly rental : NT$5,000(FIVE THOUSAND New Taiwan Dollars) (with a
     receipt originally issued for the payment of the rental by Party A) shall
     be paid by Party B without delay or rejection in any circumstances (the
     aforesaid rental is exclusive of electricity and water charges). Invoice
     shall be opened by Party A to Party B. (the aforesaid amount of invoice is
     exclusive of tax charge).

4.   The rental shall be paid before (intentionally blank) of each month. The
     rental shall be paid basing on one year period, Party B shall not delay in
     paying any rental due in any excuse.

5.   Party B shall pay a rental deposit of NT$ (intentionally blank) to Party A
     upon signing of this Lease. The said rental deposit shall be returned to
     Party B without interest upon expiration of this Lease, when Party B does
     not request for a lease renewal and vacates and surrenders the Premises to
     Party A.

6.   Upon expiration of this Lease when no renewal is agreed by Party A, Party B
     shall restore the Premises to the original condition thereupon, vacate and
     surrender the Premises to Party A without making any excuse or claiming any
     right. In case the Premises shall be surrendered to Party A after delays,
     Party B shall be liable for a default penalty equivalent to 500% of the
     rental on a monthly basis until the date of surrender of the Premises, to
     which Party B and Party C shall have no objection.

7.   During the term of this Lease before its expiration, in the event that
     Party B desires to move out of the Premises, Party B shall not request any
     rental refund, moving costs or other royalties under other denominations
     from Party A, and Party B shall unconditionally restore the Premises to the
     original condition and return the Premises to Party A without objection.

8.   Prior to consent by Party A during the term of this Lease, Party B shall
     not, in whole or in part, have the Premises subleased, transferred,
     mortgaged to any third party, or in any other way provided for use by any
     third party.

9.   Party B may make alternations of partitions and/or facilities in the
     Premises as Party B deems necessary; construction work can only begin upon
     consent given by Party A and shall not damage the main structure and the
     facilities of the building. Upon expiration of the terms of this Lease,
     Party B shall be responsible for the restoration of the Premises.

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10.  Party B shall not use the Premises for any illegal use, nor for storing
     hazardous articles that will cause public danger.

11.  Party B shall use the Premises with the degree of care of a responsible
     administrator. If the damage or destruction is made by any personal
     factors, Party B shall be responsible for the reparation. If the Premises
     provided by Party A are damaged or destroyed due to act of God or any other
     force majeure, or due to normal wear and tear, Party A shall be responsible
     for the reparation.

12.  In the event that Party B violates any provisions of this Lease or causes
     damages to Party A, Party B hereby shall be fully responsible for
     compensating such damage or loss. Party B shall pay for Party A's court
     costs and attorney's fees in the event that the court action is instituted.

13.  In the event that Party B violates any provisions of this Lease or causes
     damages to the Premises, Party C shall be jointly liable for the loss Party
     A shall incur and abandon the right of counteraction voluntarily.

14.  Parties A, B and C shall observe and abide by the provisions of this Lease,
     in the event that any party shall violate any provisions thereof, Party A
     may terminate this Lease thereupon without any prior notice, thus Party A
     shall in no circumstances have any concern with the loss Party B shall
     incur.

15.  Stamp duties are borne by both Parties, respectively. All taxes relating to
     the Premises shall be borne by Party A; whereas the expenses involved in
     the water supply, electricity and other business operations of Party B
     shall be borne by Party B.

16.  In the event that the house tax and income tax owing to the leased Premises
     leased are heightened due to the Premises rented by Party B, Party B shall
     bear such difference incurred therefrom without objection.

17.  Any article left inside the Premises, upon expiration of this Lease after
     Party B vacates the Premises, shall be deemed to be abandoned at the
     disposal of Party A as waste, to which Party B shall have no objection.

18.  The rental tax payable shall be borne by Party A/Party B to the tax
     collection office upon receiving tax statement(s).

In witness whereof both Parties have hereunto signed the Lease, which is made in
duplicate, each party bears one to refer.

     The Parties :
     Lessor (Party A)      : Kid Castle Internet Technology Corporation (sealed)
     Business Uniform No.  : 70676630
     Responsible person    : Wang, Kuo-An

     Lessee (Party B)      : Chevady Educational Corporation (sealed)
     Business Uniform No.  : 23610004
     Responsible person    : Wang, Kuo-An

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     Party C               : (intentionally blank)
     ID No.                : (intentionally blank)
     Address               : (intentionally blank)

     Date: June, 10, 2002<PAGE>

                                  Exhibit 10.19

          BVI Educational Investment Corporation Cooperative agreement

Part A [ ]Yang Ming-Tan, Wang, Bing-Xiong, Zhang, Chun-Yuan, Shu, Yi-Yun, Wu,
         Shu-Hui, Tzae, Li-Mai, Lee Ching-Ming, Tsai, Ji-Zhi, Tu, Shu-Hui, Wu,
         Yi-Nan[ ] hereinafter referred as Part A [ ]

Part B [ ]Kid Castle Internet Technology Corporation Limited[ ]hereinafter
         referred as Part B [ ]

This agreement is made by and between Part B and Part A, in regards to the
establishing British Virgin Island Educational Investment Corporation [ ]
hereinafter referred to as BVI[ ], both Part A and Part B have mutually agreed
to agreement under the terms and conditions specified follow:

1.   The total capitalization of BVI is 170 million US dollars.

The authorized capital stock consists of 40 shares of common stock. The par
value of each share is [ ]50,000 US dollars. Six shares of common stock valued
at [ ]50,000 issued in technology share.

2.   Part A invests 70[ ] of total Shares of BVI in the number of 28 shares. The
     shareholder lists of Part A are as the follows:[ ]

Yang Ming-Tan - 4 shares       Lee Ching-Ming--2 shares
Wang, Bing-Xiong 4             Tsai, Ji-Zhi -2 shares
Shu, Yi-Yun 3                  Tu, Shu-Hui 2
Zhang, Chun-Yuan 3             Wu, Yi-Nan -2 shares
Wu, Shu-Hui -3 shares
 Tzae, Li-Mai--3 shares

3.   Part B invests 30[ ]of total shares of BVI in the number of 12 shares,
     15[ ]of which are paid by cash and rest of which are technology shares.

The total payment subscripted by both parties shall be paid in three stages as
the following terms and conditions:[ ]

(1) The first payment shall be paid by check on May 31, 2001 [ ] 40 [ ] of total
shares [ ]

(2) The second payment shall be paid by check on August 31, 2001 [ ] 30 [ ] of
total shares[ ]

(3) The third payment shall be paid by check on November 30, 2001 [ ] 30 [ ] of
total shares [ ]

4.   The business operation items of BVI are as the followings:

(1) Kindergarten

(2) School of further education

(3) Operation of elementary school

5.   Part A authorize Part B to manage all the schools of Part A. Mutual parties
     agree that BVI allot 15 [ ] shares to Part B, whereby Part B is required to
     be responsible for the management

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     and operation of BVI, including the following requirements for
     kindergarten, school of further education and operation of elementary
     school:

      (1) Planning and searching for the location

      (2) Purchase of hardware and software

      (3) Personnel training, hiring and managing

      (4) Management of Teaching systematic

      (5) Management of administrative affairs of school

      (6) Planning and designing marketing activities

      (7) Cooperation with different businesses

      (8) Risk management

      (9) Promotion of competitive ability

6.   In order to maintain long-term development of BVI, mutual parties agree the
     following terms and conditions:

      (1) Basic obligation of contract

      Mutual parties shall cooperate to operate BVI in good faith.

      (2) Finance

           a) BVI shall have independent financial statement and system.

           b) BVI shall also have independent financial statement and system for
              each school.

           c) After establishing each school (School), BVI shall appoint
              personnel to manage the financial system of School.

           d) Supervisor shall audit the financial statement of School monthly.

           e) Supervisor shall report to Board of Director half a year.

           f) BVI shall appoint a qualified auditor to monitor the financial
              statement and system of School.

      (3) Personnel

           a) All the regulations in regards to personnel formulated by BVI
              shall not violate the local laws.

           b) After receiving technology shares, Part B shall not accept the
              additional salaries for its services made to BVI.

           c) BVI shall appoint numbers of professional managers in each new
              school.

           d) BVI shall appoint district managers in each schools in accordance
              with the actual operation after establishment of BVI.

           e) Except for special regulations, BVI shall employ the foreigners as
              English teachers in each new school.

           f) All the benefits of employees shall follow up the regulations of
              People Republic of China.

      (4) Preferential terms

           a) Part B shall not demand additional franchise fee for each new
              schools if both parties establish such school.

           b) If party B wishes to establish new investment opportunity, party A
              has the right of first refusal. Party A will have its
              representative to survey the operating location, and, after the
              agreement of the Board of Directors on such investment,
              fundraising may commence with the shareholders. If Party A wishes
              not to participate in such investment, Party B may seek other
              parties for fund raise.

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           c) If Party B is in an agreement with another company to establish a
              joint-venture company, Party B shall have more than 25% of
              technology shares without any cash investment.

           d) If any members in Party A have investment in another Kid Castle
              franchise, such member shall receive a 20% franchise fee discount
              from Party B.

           e) If Party B shall have any fundraising opportunities, Party A shall
              have the right of first refusal or discount price.

7.   Shareholder Meeting

     (1)  Shareholders' Annual Meeting shall be held once a year within six
          months after the end of the fiscal year, date determined by the Board
          of Directors. Shareholder special meeting shall be held as necessary.

     (2)  The CEO shall chair the shareholders' meeting. If the CEO cannot chair
          the meeting, a director shall represent the CEO.

     (3)  Stipulations of transference of shares within 5 years:

           a) All shareholders shares are restricted from any transference for
              one (1) year.

           b) The five (5) year shares can only be transferred to original
              current shareholders.

           c) After the five (5) years restriction, current shareholder shall
              have the priority of first investment.

8.   Board of Directors Meetings

     (1)  The Board of Director shall consist of five Directors and one
          Supervisor. The Director and Supervisor shall reelect annually.

     (2)  Two types of Board of Director Meeting. Fixed Board Meeting shall meet
          once every three months. Special meetings will be held as necessary.

     (3)  Board of Director shall decide the operation and other material
          business of BVI.

     (4)  Board of Director

           a)  To perform in accordance with the corporate bylaws of the
               Republic of China.

           b)  Other responsibilities are determined as:

              (1) Sign-off on school location.

              (2) Assistance in general school schedule planning

              (3) Assistance in marketing and recruitment of students.

              (4) Assistance in general school environment planning.

              (5) Assistance in school service quality training.

     (5)  Responsibility of Board of Supervisor

           a) To perform in accordance with the corporate bylaws of the Republic
              of China.

           b) Review of the company financial situation/statements.

           c) Review of company operation status.

           d) To attend the shareholders meeting but has no right to vote.

      (6) In order to move on the operation of BVI smoothly, Board of Director
          shall fully authorize professional manager certain right to operate
          the business.

9.   The bonus of business execution and compensation of traveling expense shall
     be made by the resolution of board of director.

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10.  The percentage of profit and accumulation shall be the following:

      (1) If there is any profit in final accounting of revenue and expenditure
          annually, BVI shall provide the dividend in tax to compensate the
          deficit last year and then provide 20?of the profit as a statutory
          accumulation. If there is any profit after paying all the deficit and
          statutory accumulation, Board of Director shall chair a special
          meeting to allot the profit to shareholders and employees.

      (2) If there is any possibility to increase the capitalization of BVI,
          Board of Director shall increase the capitalization in accordance with
          the shares holding percentage of each shareholder.

11.  This Agreement may be amended by mutual agreement, all of which shall be
     deemed to be part of this Agreement.

12.  The explanation and execution of the terms and conditions stated in this
     Agreement shall use the Laws of Republic of China as basis.

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed as of the date of May 16, 2001.

Part A:

By:
Name: YANG MING-TAN [ ] SEALED [ ]
ID No.: F120715848

Name: WANG, BING-XIONG [ ] SEALED [ ]
ID No.: F122105920

Name: ZHANG, CHUN-YUAN [ ] SEALED [ ]
ID No.: J220514935

Name: SHU, YI-YUN [ ] SEALED [ ]
ID No.: C200000523

Name: WU, SHU-HUI [ ] SEALED [ ]
ID No.: F221769226

Name: TZAE, LI-MAI [ ] SEALED [ ]
ID No.: A220525949

Name: LEE CHING-MING [ ] SEALED [ ]
ID No.: K120510276

Name: TSAI, JI-ZHI [ ] SEALED [ ]
ID No.: F120142845

Name: TU, SHU-HUI [ ] SEALED [ ]

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ID No.: C220333069

Name: WU, YI-NAN [ ] SEALED [ ]
ID No.: H101716363

Part B:

By: Kid Castle Internet Technology Corporation

Name: WANG KUO-AN [ ] SEALED [ ]
ID No.: A121216965

Witness: ATTORNEY TAI E [ ] SEALED [ ]

Address: 9th floor, 112 Chang-an East Road, Sec. 2, Taipei City.
Telephone No. : (02) 2506-1023 (operator)

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