Document:

SOFTWARE LICENSE AGREEMENT                                Agreement No. SBCSLA01
================================================================================

AN AGREEMENT made the 16th day of  November, 2000 between

      TCS (CANADA) LIMITED, a Company incorporated under the laws of Ontario,
      with registered offices located at 700 Dorval Drive, Suite 202, Oakville,
      Ontario, Canada, L6K 3V3, (hereinafter referred to as the "Licensor") and

      SECURITY BANCORP INC., a Company incorporated under the laws of Alberta
      with registered offices at Bldg. F, Unit 3 - 5508 1st Street S.E.,
      Calgary, Alberta, Canada, T2H 2W9, (hereinafter referred to as the
      "Licensee").

WHEREAS:

(a)   the Licensor [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] certain TCS Point of Sale Terminal
      Application [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION], each of which contains [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION]; and

(b)   the Licensee desires to acquire [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]. The TCS Point of
      Sale Terminal Applications [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] under this
      agreement are specifically named in Schedule A.

NOW THEREFORE for [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION], the receipt of which by each is hereby

acknowledged, Licensor and Licensee agree as follows:

1.    Definitions

The following expressions shall, where the context so permits, have the meanings
hereby respectively assigned to them.

1.1   "Acceptance" is as defined in section 2.2.

      1.2   "Agreement" means this Agreement concluded between the Licensee and
            the Licensor named therein incorporating these Conditions and
            includes:

      (a)   any alteration of the said Agreement which may be agreed in writing
            between the Licensee and the Licensor, and

      (b)   all specifications or other documents which are prepared pursuant to
            the said Agreement which may be agreed in writing between the
            Licensee and the Licensor.

<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

1.3   "Delivery" is completed when the Licensee initially receives shipment of
      the System or if the Licensee has [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] to the Licensor,
      which said service is negotiated under a separate agreement, then Delivery
      is completed when the Licensor [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] the System in an
      Eligible Point of Sale Terminal [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]. Delivery is
      unique for each [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] of a unique TCS Point of Sale
      Terminal Application Product licensed by the Licensee.

1.4   "Eligible Point of Sale Terminal" means one of the devices listed in
      Schedule A, as eligible for the licensed product, and which is
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] by the Licensee, or third party persons under
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] with the Licensee and [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] the
      Licensee.

1.5   "Licensee" means Security Bancorp Inc. and includes its successors and
      assigns.

1.6   "Licensor" means TCS (Canada) Limited named in the Agreement who by the
      Agreement grants license to use the Software License and includes its
      successors and permitted assigns.

1.7   "Program/Software" means the [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] to be provided by
      the Licensor necessary for the [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] of the System.

1.8   "System" shall mean the [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] by Licensor known as the TCS
      Point of Sale Terminal Application Products and any subsequent releases
      thereof and related documentation. The System is [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      for each Terminal Application. The different Terminal Applications are
      specified in Schedule A.

1.9   "Term" shall mean a period of [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] from the date of
      execution of this Agreement by both parties.

                                       2
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

2.    Grant of License

2.1   In consideration of the [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] by Licensee to Licensor as
      hereinafter provided, the Licensor hereby grants to Licensee a
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] the System for itself, subject to the terms and
      conditions specified herein. The Licensee shall [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      the System or this Agreement without prior consent of the Licensor.

2.2   For a period of [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] after the Delivery Date (the
      "[CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION] "), the Licensee shall be entitled
      to[CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION], as it considers necessary to verify whether the
      System functions in accordance with the specifications. The Licensee will
      issue a notice signifying Acceptance of the System, after completing
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] to its satisfaction. If any deficiencies are found,
      the Licensee will inform the Licensor of the deficiency in detail, and in
      writing. The Licensor will have a minimum of [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] business
      days to provide corrections for the discrepancy. Following receipt of the
      correction, the Licensee will have a further [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] (the
      "[CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION] ") to complete [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]. If the
      Licensee does not notify the Licensor of Acceptance or of deficiencies
      within the aforesaid periods, the Licensee will be deemed to have issued
      notice of Acceptance on the later of:

      (a)   the [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
            SECURITIES AND EXCHANGE COMMISSION].

      (b)   the [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
            SECURITIES AND EXCHANGE COMMISSION] following receipt of a
            correction.

      Notwithstanding the foregoing, if the Licensee commences using the System
      in the live operations of its business, the Licensee will be deemed to
      have issued a notice signifying Acceptance of the System.

                                       3
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

3.    Use

3.1   Licensee may [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] the System except in the [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] by employees or agents of the Licensee, and has [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] the System in whole or in part except as expressly provided in
      this Agreement.

4.    Payment of Fees

4.1   Licensee shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] to the Licensor [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      in accordance with Schedule A hereto on the terms as set out therein. The
      Licensee shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] from Licensor, [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      the Licensor for [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION].

4.2   All [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION] as a result of this agreement are [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] after the [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION]. The Licensee agrees to
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION].

5.    Provision of Installation

5.1   Licensee is responsible [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] by using [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] as are defined by the Licensor for the purpose of
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] the System. Such services are negotiated under a
      separate agreement.

6.    Copyright and Proprietary Rights

6.1   Licensor shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] in the System and all other
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE

                                       4
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

      SECURITIES AND EXCHANGE COMMISSION] therein and in all [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] to the Licensee hereunder.

6.2   The Licensee understands and agrees that the System constitutes
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] of the Licensor and represents a [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] to the Licensor. The Licensee agrees to [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      the said System in [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] and except as provided for in this
      Agreement, agrees not to [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION], the System in
      whole or in part, or any [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] relating thereto;
      the Licensee agrees to take all reasonable precautions to ensure that no
      unauthorized persons shall have access to the System and that all
      authorized persons having access to the System shall refrain from any such
      disclosure, [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION]. If any unauthorized use is made of
      the System by a third party as a result of the Licensee's negligence, or
      the negligence of those for whom the Licensee is in law responsible,
      Licensee shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] to Licensor immediately on demand,
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] which such third party [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] to the
      unauthorized user at the beginning of the period of unauthorized use.
      Licensee agrees to [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] incurred by Licensor in
      restraining unauthorized use.

7.    Warranties

7.1   Licensor represents and warrants to Licensee that as of the date hereof
      Licensor has the right to grant the licenses and other rights granted
      herein and that the System does not infringe any patent, copyright,
      trademark or other intellectual property right (including trade secrets)
      or similar right, of any third party. Licensor further represents and
      warrants to Licensee that no claim, whether or not embodied in an action
      past or present of infringement of any copyright, patent, trademark or
      other intellectual property right or similar right has been made or is
      pending against the Licensor relative to the System.

7.2   The Licensor warrants that at the date of Acceptance of each unique TCS
      Point of Sale Terminal Application and for a period of [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION]

                                       5
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

      thereafter (the "Warranty Period"), the System will operate substantially
      in accordance with the applicable specifications previously supplied to
      Licensee. The Licensor's [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] under this
      warranty shall be to [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] upon written notification
      from Licensee during the Warranty Period.

      Such notification shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] and shall be [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION], which can be carried out by Licensor on [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      to that of the Licensee. Licensor shall use its best efforts to
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION].

      Licensor shall have the opportunity to make [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] within a
      reasonable time to [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION]. Licensee acknowledges that
      Licensor does not represent or warrant that:

      (a)   The operation of the System will [CONFIDENTIAL PORTION DELETED AND
            FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION];

      (b)   The operation of the System will [CONFIDENTIAL PORTION DELETED AND
            FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].

      This Warranty shall not apply if:

      (a)   the System is not used in accordance with the Licensor's
            instruction;

      (b)   any part of the System shall have been altered, modified, or
            converted by the Licensee;

      (c)   any of the Licensee's [CONFIDENTIAL PORTION DELETED AND FILED
            SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]; or

      (d)   any other cause within the control of the Licensee results in part
            of the System becoming inoperative.

      Licensee acknowledges that sophisticated computer software such as the
      System may [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION], which may [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      by Licensor during creation or testing of the System, notwithstanding that
      Licensor fulfils the highest industry standards in the development of the
      System. Therefore, Licensee agrees that;

                                       6
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

      THE FOREGOING WARRANTY IS [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] INCLUDING BUT NOT
      LIMITED TO IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABLE QUALITY AND
      FITNESS FOR A PARTICULAR PURPOSE AND THOSE ARISING BY STATUTE OR OTHERWISE
      IN LAW OR [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION]. LICENSOR SHALL [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      WITHOUT LIMITATION OF [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] OR ANY OTHER [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] WHICH MAY BE CAUSED DIRECTLY OR [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] BY THE
      INADEQUACY OF THE SYSTEM OR ANY [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] THEREIN.

      LICENSEE AGREES THAT EXCEPT AS OTHERWISE PROVIDED IN PARAGRAPH 7 HEREOF
      LICENSOR'S LIABILITY UNDER THIS AGREEMENT FOR DAMAGES FOR LOSS OR INJURY
      SHALL [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] THE LICENSOR BY THE LICENSEE
      HEREUNDER.

8.    Provision of Software Support Services

8.1   Licensor agrees to [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] for the System for the Term, at
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] in Schedule A.

8.2   The Licensor will [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] to the Licensee during the
      Licensor's regular business days, Monday through Friday from 09:00 to
      17:00 Eastern Standard Time (EST), from the Licensor's designated office
      location. Through this assistance the Licensor will [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      in accordance with section 8.5, if correction can be made [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] and will incorporate system [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].

8.3   The [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION] described in section 8.2 is not to be used for
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION]. If the Licensor determines that the

                                       7
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] is being used for [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION], the
      Licensee shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] to the Licensor, the Licensor's then
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION].

8.4   The Licensor shall, if, as and when it deems necessary, provide the
      Licensee with [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] for the System, which may contain
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] and, if applicable, [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] applicable
      to the System release. These releases do not include [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].

8.5   If the Licensee suspects that a [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] in the System, the
      Licensee shall notify the Licensor by facsimile, in writing or by e-mail
      of its suspicions. A [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] is defined as an instance
      whereby the System [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION]. This notification shall
      comprehensively describe the nature of the [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] and
      provide details of the circumstances of its occurrence. Upon receipt of
      the Licensee's notice, the Licensor shall use its best efforts to confirm
      the [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION]. If the Licensor confirms the [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION], the Licensor shall [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] as part of its
      obligations hereunder; if the Licensor determines that [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] the Licensee [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] the Licensor for
      its efforts at the Licensors [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] then in effect.

8.6   If the Licensee has elected not to subscribe for the [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION],
      the Licensee may at any time [CONFIDENTIAL PORTION DELETED

                                       8
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      specified in Schedule A.

8.7   From time to time the Licensor will make new releases of the System
      available to [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] of the software [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].
      When a new release becomes available, all [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].

9.    Indemnification

9.1   Licensor agrees to indemnify and hold harmless Licensee against any and
      all [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION] arising out of a breach of the warranty set forth
      in Section 8 provided that the System is being used in accordance with the
      terms and conditions of the Agreement and under normal use and that
      Licensee notifies Licensor in writing promptly after receiving notice of
      any such claim or suit and allows Licensor the opportunity to defend or
      settle any such claim or suit at [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]. Licensee agrees
      to co-operate fully with Licensor in the defense of any claim or suit. If
      any claim has occurred, Licensee agrees to permit Licensor at its
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION]. If neither of the foregoing alternatives is
      reasonably available, Licensee agrees on [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] written
      notice from Licensor to return or destroy all copies of the System
      received from Licensor pursuant hereto. Licensor will [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION] in mentioned cases [CONFIDENTIAL PORTION DELETED AND FILED
      SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] by Licensee up to
      the moment. Licensor shall have no obligation to defend Licensee or
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] for any claim based on any portion of the System that
      has been [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION] by Licensee or for any claim based
      upon [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION].

10.   Term and Termination

10.1  The term of this Agreement shall commence on the earlier of the date of
      execution of this Agreement by both parties or the Delivery Date and shall
      continue for the Term unless sooner terminated in accordance with the
      provisions set forth hereinafter.

                                       9
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

10.2  Licensee shall have the right to terminate this Agreement during the
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] or the Warranty Period, if the [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      to its specifications. This shall be the [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] and extent
      of the Licensor's [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] under this condition. Any
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] to this moment will be [CONFIDENTIAL PORTION DELETED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] by the
      Licensor.

10.3  Licensor shall have the right to terminate this Agreement at any time in
      the event of a material breach by Licensee of its obligation under this
      Agreement. Such termination shall become effective [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      after the receipt of written notice by Licensee of such breach, unless the
      Licensee shall have corrected the breach before the expiration of the
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] period. On termination of this Agreement,
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] of the Licensee fee shall be required.

10.4  Notwithstanding any termination of this Agreement, the representations and
      warranties under the Sections entitled "Warranties" and the rights and
      obligations under the Sections entitled [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] and
      "Indemnification" shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY
      WITH THE SECURITIES AND EXCHANGE COMMISSION] and [CONFIDENTIAL PORTION
      DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
      and [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
      AND EXCHANGE COMMISSION] the parties and their legal representatives,
      successors, heirs and assigns.

10.5  Upon termination of this Agreement, all [CONFIDENTIAL PORTION DELETED AND
      FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] to Licensee
      hereunder shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH
      THE SECURITIES AND EXCHANGE COMMISSION] Licensor. Licensee agrees to
      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND
      EXCHANGE COMMISSION] to it hereunder.

11.   General

11.1  Assignment

                                       10
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

11.1.1 This Agreement and the rights and obligations hereunder shall
       [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
       AND EXCHANGE COMMISSION] in whole or in part by either party without the
       prior written consent of the other party and any proposed assignment
       without such written consent shall be void and of no effect.
       Notwithstanding anything herein, either party shall be entitled
       [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
       AND EXCHANGE COMMISSION] its rights and obligations under this Agreement
       to a subsidiary of that party provided that such subsidiary shall agree
       in writing to be bound by the terms and conditions hereof in lieu of the
       original party. The covenants, conditions and obligations herein
       contained [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
       SECURITIES AND EXCHANGE COMMISSION] upon and [CONFIDENTIAL PORTION
       DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
       of the parties hereto.

11.2   Notice

11.2.1 Any notice, payment, or other communication required or permitted to be
       made or given to either party hereto personally delivered or if sent to
       such party by facsimile with the original sent by registered mail (except
       that certified or registered mail may be used where delivery is in the
       same country of mailing), postage prepaid, addressed to it at its address
       set forth in this Agreement, or to such other address as it shall
       designate by written notice given to the other party. Any such notice,
       payment or communication shall be deemed to be given or made if
       delivered, when delivered and if mailed, on the date of mailing.

       Address for Notices to Security Bancorp Inc.
                        Bldg. F, Unit 3 - 5508 1st Street S.E.,
                        Calgary, Alberta,
                        Canada,  T2H 2W9

          Facsimile: 403-319-0240
          e-mail: Hal@securitybancorpinc.com

       Address for Notices to TCS (Canada) Limited:
          700 Dorval Drive, Suite 202,
          Oakville, Ontario,
          Canada, L6K 3V3
          Facsimile: 905-849-1396

11.3   Currency

11.3.1 All reference in this Agreement and the Attachments to "dollars", "CAD",
       and "$" shall mean lawful currency of Canada.

                                       11
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

11.4   Force Majeure

11.4.1 Those obligations which allegedly cannot be met due to force majeure, and
       only those obligations, shall be suspended during the continuance of the
       force majeure occurrence, and the inability to perform such obligations
       shall not be a breach of this Agreement; provided, however; that the
       party availing itself of force majeure shall continue to exercise all due
       diligence to overcome the inability. As used herein, "Force Majeure"
       shall mean causes without a party's fault or negligence including, but
       not limited to, Acts of God, accident, war, fire, lockout, strike or
       labour dispute, riot or civil commotion, act of the public enemy,
       enactment, rule, order or act of civil or military authority, acts or
       omissions of the other party or judicial action.

11.5   Waiver

11.5.1 [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES
       AND EXCHANGE COMMISSION] hereunder, irrespective of the length of time
       for which such failure continues, shall [CONFIDENTIAL PORTION DELETED AND
       FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] waiver of
       those or any other rights.

11.6   Titles

11.6.1 Titles or captions contained in this Agreement are inserted only for
       convenient reference, and in no way define, limit or describe the scope
       or intent of this Agreement or any provisions hereof.

11.7   Entire Agreement

11.7.1 The foregoing provisions and Schedule A of this Agreement constitute the
       entire Agreement between the parties and shall supersede all prior
       Agreements, oral or written and all other communications between them
       relating to the subject matter hereof. No changes or additions to this
       Agreement shall have effect unless in writing and properly executed by
       both parties.

11.8   Governing Law

11.8.1 This Agreement shall be construed, and the legal relations between the
       parties hereto shall be determined, in accordance with the laws of
       Ontario, Canada in force therein.

       IN WITNESS WHEREOF, the Licensor and the Licensee have hereunto set their
hands.

TCS (CANADA) LIMITED                   SECURITY BANCORP INC.

Date: ____________________________     Date: ______________________________

Signed: ___________________________    Signed: ____________________________

Name: ____Mike Kelso______________     Name: _____________________________

                                       12
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

Title: _____Vice-President___________  Title: _____________________________

                                       13
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

SCHEDULE A                                                          No. SBCSLA01

The following specific licenses are granted by the License Agreement named
above, subject to the fees and terms stated in this schedule.

1.    Currency

      All amounts are quoted in Canadian Dollars.

2.    Definitions

2.1   "Delivery" is [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
      SECURITIES & EXCHANGE COMMISSION]

2.2   "Eligible Point of Sale Terminal" means one of the devices listed in
      Schedule A, as eligible for the licensed product, and which is owned or
      leased by the Licensee, or third party persons under contract or agreement
      with the Licensee and operated by or for the Licensee.

2.3   "Term" shall mean a period of five (5) years from the date of execution
      of this Agreement by both parties.

3.    Terms of License.

3.1   The following table lists the Point of Sale Terminal Application Products
      available under this agreement and the Eligible point of sale Terminals
      for each. The table also indicates which specific product licenses have
      been granted by way of initials by both the Licensee and Licenser.

--------------------------------------------------------------------------------
Terminal Application       Eligible Terminals             License Granted
Product Name                                          Licensee        Licenser
--------------------------------------------------------------------------------
[CONFIDENTIAL PORTION      [CONFIDENTIAL PORTION
DELETED AND FILED          DELETED AND FILED
SEPARATELY WITH THE        SEPARATELY WITH THE
SECURITIES & EXCHANGE      SECURITIES & EXCHANGE
COMMISSION]                COMMISSION]
--------------------------------------------------------------------------------
[CONFIDENTIAL PORTION      [CONFIDENTIAL PORTION
DELETED AND FILED          DELETED AND FILED
SEPARATELY WITH THE        SEPARATELY WITH THE
SECURITIES & EXCHANGE      SECURITIES & EXCHANGE
COMMISSION]                COMMISSION]
--------------------------------------------------------------------------------

                                       14
<PAGE>

SOFTWARE LICENSE AGREEMENT                                          No. SBCSLA01
================================================================================

4.    License and Support Pees Payable

4.1 [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
EXCHANGE COMMISSION]:

      |_|   [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
            SECURITIES & EXCHANGE COMMISSION]

      OR

      |_|   [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
            SECURITIES & EXCHANGE COMMISSION]

      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
EXCHANGE COMMISSION]

4.2   [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
      EXCHANGE COMMISSION]

            [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
            SECURITIES & EXCHANGE COMMISSION]

      |_|   Yes               |_|   No

      [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
      EXCHANGE COMMISSION]

4.3   [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
      EXCHANGE COMMISSION]

5.    Payment Schedule

5.1 [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
EXCHANGE COMMISSION]:

            [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
            SECURITIES & EXCHANGE COMMISSION]

            [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE
            SECURITIES & EXCHANGE COMMISSION]

5.2   [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
      EXCHANGE COMMISSION].

5.3   [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES &
      EXCHANGE COMMISSION].

5.4   Invoices for payment may be presented by the Licensor to the Licensee
      following the achievement of these events. Invoices are due [CONFIDENTIAL
      PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES & EXCHANGE
      COMMISSION], and are subject to the terms of the license agreement.

                                       15EXHIBIT 10.3

                         MODIFICATION OF LEASE AGREEMENT
                         -------------------------------

     This Modification of Lease Agreement is made and entered into this 31st day
of January,  2001, effective December 28, 2000 by and between Corporation Lex, a
Texas Corporation,  whose address is 6848 Greenville Avenue, Dallas, Texas 75231
(hereinafter  referred to as "Landlord") and MD II Entertainment,  Inc., a Texas
Corporation,  whose  address  is 3021  West  Northwest  Highway,  Dallas,  Texas
(hereinafter referred to as "Tenant").

                              W I T N E S S E T H :

     Whereas  Tenant is an assignee of all rights of Duncan  Burch,  Inc.  under
that certain lease date of the 25th day of May, 1990 between Landlord and Duncan
Burch,  Inc.,  (herein  referred to as "Lease  Agreement")  related to 3021 West
Northwest Highway (herein referred to as "lease Premises").

         Whereas City of Dallas has passed legislation making it illegal for the
use, a night-club featuring erotic female striptease provided for and
contemplated by the Lease Agreement to operate, and

     Whereas  pursuant to  paragraph 39 of the Lease  Agreement,  Tenant has the
option to terminate the Lease Agreement in such a situation, and

     Whereas  the  change  of  operations  necessary  to  comply  with  the law,
substantial economic impact has befallen Tenant, and

     Whereas  Tenant (and D.  Burch,  Inc.)  notified  Landlord of its desire to
exercise its option to terminate  the Lease  Agreement  unless  modification  of
Lease Agreement could be reached and;

     Whereas the parties negotiated this modification in good faith to prevent a
termination  of the lease and allow its  parties to obtain  the mutual  economic
benefit of the continued Landlord/Tenant relationship.

     Therefore,  in consideration of the mutual  agreements set forth herein the
parties agree to modify the Lease Agreement as follows:

                                    ARTICLE I

                           MODIFICATION TO PARAGRAPH 2

     Paragraph No. 2, the "use" provision, is modified to read as follows:

     "Tenant  shall use the lease  premises  as a theater,  restaurant  or other
     legal use featuring  erotic  female  striptease  provided  Tenant shall not
     operate  same a s a sexually  oriented  business  unless  Tenant  obtains a
     license/exemption   from  the  City  of  Dallas.   If  any   government  or
     quasi-public  authority  regulates  or licenses  type of use,  Tenant shall
     comply with all such statutes, laws and regulations promulgated by any such
     authority".

                                   ARTICLE II

                           MODIFICATION TO PARAGRAPH 5

     Paragraph No. 5 the "rental" provision is modified to read as follows:

     "5(a) The "base" rental during the term of this lease shall be one-thousand
     dollars  ($1,000.00)  per week  beginning on December 28, 2000 and for each
     weak thereafter, until the end of the lease or May 23, 2002. In addition to
     the "base"  rent,  Tenants  shall pay  Landlord an  additional  rent in the
     amount of ten percent (10%) of all "Gross Sales" (as  hereinafter  defined)
     exceeding  ten  thousand  ($10,000.00)  per  week  starting  with  sales on
     December 28, 2000.  Tenant shall pay Landlord such percentage rent (if any)
     within thirty (30) days of the end of each  respective  quarter and provide
     an accounting of the calculation of same as set out hereinafter".

<PAGE>

     "5(b) The term "Gross Sales" as used herein shall mean the entire amount of
     actual  receipts  (cash or  otherwise)  generated  by  tenant  of the Lease
     Premises, from all sales of food, beverage,  gift certificates,  or similar
     vouchers, and including door/cover/admission charges and all other sales or
     other charges made in the normal course of business required to be reported
     in Texas sales tax returns  and liquor tax  returns  provided,  however the
     term of the "Gross  Sales"  shall not include the amount of sales or liquor
     tax paid on "Gross Sales" or amounts/fees collected for entertainment (i.e.
     table  dances).  As  used  in  this  section  "tenant"  shall  include  any
     subsidiary, Sub-Tenant, concessionaire, or license of any Tenant conducting
     business  at the  least  premises  with  Tenant's  approval,  but shall not
     include  valet  services or  entertainers  and shall only include  Tenant's
     portion of the proceeds received from any unrelated vendor,  concessionaire
     or independent contractor".

     "5(c) Within thirty (30) days  following  the end of each calendar  quarter
     during each Lease Year or  Fractional  Lease  Year,  Tenant  shall  furnish
     Landlord a statement  of "Gross  Sales",  along with  copies of  associated
     state sales and liquor tax along with copies of associated  state sales and
     liquor tax returns  ("Quarterly  Report") made during the period covered by
     such Quarterly Rent  accompanied by the payment of all additional  rent due
     under paragraph 5(b), if any, for such quarter".

                                   ARTICLE III

                           OTHER PROVISIONS UNAFFECTED

     All other  provisions of the Lease Agreement shall remain in full force and
effect except as those specifically modified herein.

         Signed on this 31st day of January, 2001.

--------------------------                      --------------------------------
Corporation Lex by                              MD II Entertainment Inc. by
Nick Mehmeti-Its President                      Steve Craft-Its Vice President

                                                APPROVED:

                                                --------------------------------
                                                Duncan Burch, Inc. by
                                                Gene LeClaire-Its Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}]]