Document:

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                                                                 EXHIBIT 10.5(b)

                              CONSULTING AGREEMENT

     This Consulting Agreement ("Agreement"), is entered into this 10th day of
January, 2000 (the "Execution Day"), by and between StampVille.com, inc.
(Hereinafter referred to as "the Company") and Petty Consulting, Inc.

     WHEREAS, Petty Consulting Inc. is experienced with financial, operational
and marketing expertise in high technology and Internet related businesses;

     WHEREAS, the Company requires immediate additional senior executive
expertise and experience to assist it in strategic planning and operational
initiatives, and in connection therewith, the Company desires to engage Petty
Consulting Inc to provide the services of such management.

     WHEREAS, Petty Consulting Inc agrees to accept such assignments and to
provide the Company with the Consulting Services described herein pursuant to
the terms and conditions set forth in this Agreement for a period of one year
from the date hereof, or such shorter period as provided herein; and

     NOW, THEREFORE, in consideration of the terms and conditions hereinafter
set forth, the Company and Petty Consulting Inc agree as follows:

     1.   DEFINITIONS. As used in this Agreement, the following capitalized
terms shall have the following meanings, unless otherwise expressly provided or
unless the context otherwise requires.

          "Cause" means, except as otherwise contemplated by Sections 5(a) or
5(c) below, the involuntary termination of the Agreement by the Company by
reason of:

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          (i)   The material breach by Petty Consulting Inc of the terms and
conditions of this Agreement;

          (ii)  The willful or habitual failure by Petty Consulting Inc to
perform requested duties commensurate with their duties pursuant to the terms
of this Agreement (the "Breach"); or

          (iii) The willful engaging by Petty Consulting Inc in misconduct
materially injurious to the Company.

     2.   CONSULTING SERVICES. Subject to the restrictions and limitations set
forth below, during the "Term", as hereinafter defined, of this Agreement,
Petty Consulting Inc and the Company hereby agree:

          (a)  Petty Consulting Inc shall make Robert Petty available to the
Company to serve as the Acting Chief Executive Officer of the Company (the
"Acting CEO"). Robert Petty will report to and be supervised by the Board of
Directors of the Company as requested concerning the Company's strategic
direction and initiatives. Robert Petty shall be responsible for developing and
fostering shared goals and strategies amongst the Company, including shared
accountability with other management members for the Company's overall
financial results. Robert Petty shall also be responsible for assisting the
Company in recruiting and developing executives.

          (b)  Petty Consulting Inc shall make Douglas Wu available to the
Company to serve as a Financial Consultant of the Company. Douglas Wu will
report to the Acting CEO and to board of Directors of the Company as requested
concerning the Company's strategic direction, financial condition and related
matters. Douglas Wu shall be responsible for developing and fostering shared
goals and strategies amongst the Company shared accountability with other
management members for the Company's overall financial results. Douglas Wu
shall also be responsible for assisting the Company in recruiting and
developing executives.

          (c)  Petty Consulting Inc shall make available Jennifer Christopher
for a period to the Company to serve as the Vice President - Human Resources of
the Company. Jennifer

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Christopher will report to the Acting CEO concerning the Company's strategic
direction and Human Resources initiatives.

               (d) Subject to any services rendered by Petty Consulting Inc or
any of the individuals identified above, Petty Consulting Inc shall make the
individuals identified above available to render their services to the Company
in the capacities specified above on a substantially full-time basis. The
consulting services rendered by Petty Consulting Inc as set forth in Sections
2(a), 2(b) and 2(c) above shall hereinafter be defined as the "Consulting
Services."

               (e) Petty Consulting Inc. shall at all times be, act, function,
and perform all services and responsibilities as an independent contractor. It
is further mutually understood and agreed that no work, act, commission or
omission of any act by Petty Consulting Inc. or the Company pursuant to the
terms of this Agreement shall be construed to make or render Petty Consulting
Inc or any employees of Petty Consulting Inc employees of the Company. Petty
Consulting Inc shall be fully responsible for their own debts and obligations.

               (f) Subject to the overall supervision of the Company's Board of
Directors and except as otherwise provided in this Agreement, the Company
shall have no right or authority to direct or control Petty Consulting Inc
with respect to the actual performance of the Consulting Services. The Company
is only interested in the results obtained by Petty Consulting Inc with respect
to the Consulting Services. The manner and methods utilized by Petty Consulting
Inc in performing the Consulting Services and achieving the desired result on
behalf of the Company shall be under the exclusive control of Petty Consulting
Inc within the boundaries and direction of the company's board.

          3.   Compensation.

               (a)  Petty Consulting Inc shall be compensated for its services
under this Agreement pursuant to Schedule 3(a) hereto, which is incorporated
herein and made a part hereof by this reference.

               (b)  Except as expressly set forth in this Section 3 or
elsewhere in this Agreement, Petty Consulting Inc shall not be entitled to
receive any other compensation or benefits from

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the Company as a result of the performance of Petty Consulting Inc's consulting
services hereunder, including but not limited to participation in the Company's
life, health and disability insurance plans, profit sharing, pension or 401(k)
bonus plans or any other plans or programs currently or which in the future
may become available to the Company's officers or employees, in such
capacities. Petty Consulting Inc's consultants may, however, be eligible to
participate a company share option scheme, if introduced by the Company and if
such consultants meet the qualifications for participation established by the
Company, it being understood that nothing herein shall obligate the Company to
establish or maintain any such plan, scheme or arrangement.

     Expenses. The Company shall promptly reimburse Petty Consulting Inc for
all reasonable out of pocket expenses incurred by Petty Consulting Inc in the
performing their duties. The obligation of the Company to reimburse Petty
Consulting Inc for any expenses shall be subject to the confirmation that such
expenses were incurred in connection with the performance of Consulting
Services, and only upon receipt from Petty Consulting Inc of vouchers, receipts
or other reasonable substantiation of such expenses. The Company shall not be
obligated to reimburse any expenses which were not approved in advance by the
Company.

               5.   Retainer. Within ____ days of the execution of this
                    Agreement, the Company shall pay to Petty Consulting Inc a
                    retainer (the "Retainer") in the amount of One Hundred
                    Thousand Dollars ($100,000). The parties agree that the
                    Retainer is a deposit for payment of a portion of the fees
                    and costs to be incurred pursuant to this Agreement, and may
                    be applied only upon the Company's approval of an invoice
                    provided by Petty Consulting Inc describing the work
                    performed and the approved expenses incurred. Except to the
                    extent any fees or costs are incurred and approved, the
                    Retainer is a refundable deposit which shall be returned
                    immediately upon the Company's request. Upon the termination

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            of this Agreement, any final charges will be applied against the
            Retainer and the balance of the Retainer, if any, will be refunded.

      6.    TERM OF AGREEMENT. THE TERM OF THIS AGREEMENT SHALL COMMENCE AS OF
            THE DATE HEREOF AND, UNLESS EARLIER TERMINATED AS HEREIN PROVIDED,
            SHALL CONTINUE FOR A PERIOD OF ONE YEAR FROM THE DATE HEREOF. This
            Agreement shall be terminated prior to the expiration of one year
            from the date hereof only in the event of the occurrence of any one
            of the following circumstances:

                  (b)   The death of Petty;

                  (c)   The Company terminates this Agreement for Cause; or

                  (c)   Upon no less than sixty (60) days prior written notice,
                  pursuant to section 12(k) below by the Company or Petty
                  Consulting Inc.

For the purposes of this Agreement, the "Term" hereof shall be the period from
the date hereof through the expiration of the Term or such other shorter period
in the event the Agreement is terminated sooner pursuant to Sections 5(a)
through 5(c) above.

      7.    Compensation Upon Termination.

                  (a)   In the event this Agreement is terminated pursuant to
Sections 6(a) through 6(c) hereof, the Company shall be obligated to pay or
provide to Petty Consulting Inc. under this Agreement the following and only the
following: (1) any unpaid Consulting Fee through the date of termination and
(2) payment for any un-reimbursed expenses through the termination date.

                  (b)   In addition to the foregoing payments, if this
Agreement is terminated by the Company pursuant to Section 6(c) above, the
Company shall pay to Petty Consulting Inc. the sum equal to two months
consulting fees based on the rate of usage during the thirty (30) days prior to
termination.

      8.    Non-Competition, Ownership and Protection of Confidential
      Information.

                  (a)   During the Term of this Agreement and for twelve (12)
months thereafter, Robert Petty shall NOT (i) serve as an employee, officer,
director, advisor, partner, trustee or purchase an amount in excess of five
percent (5%) of any corporation,

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     partnership, joint venture, limited liability company or other business or
     enterprise which competes directly or indirectly with the Company or any of
     its subsidiaries, affiliates or business ventures in the United States of
     America, the United Kingdom or the Commonwealth of Australia (hereinafter,
     collectively "Competitors") or (ii) solicit orders or business from any
     corporation, partnership, joint venture, limited liability company or other
     business or enterprise which was a customer of the Company or any of its
     subsidiaries, affiliates or business ventures during the twelve (12) months
     immediately proceeding the termination of this Agreement without written
     company approval.

         (b) As between the Company, on the one hand, and Petty Consulting Inc
the other hand, each project, production and all material pertaining to
hereunder, all material acquired or developed by the Company, all material of
any nature whatsoever created, written, composed, prepared, supervised,
submitted or interpolated, and all results, products and proceeds thereof, are
and automatically shall become the sole and exclusive property of the Company
(including, but not limited to, all original ideas in connection therewith) as
works-made-for-hire by Petty Consulting Inc within the course and scope of
Petty Consulting Inc services for the Company hereunder. As between the
Company, on the one hand, and Petty Consulting Inc on the other hand, Company
shall have the sole and exclusive right in perpetuity, throughout the universe,
in its sole and absolute discretion, to sell, use, license and otherwise
exploit each such project, production, material and results, products and
proceeds, or any portion or element thereof, without any obligation or
liability to Petty Consulting Inc of any kind or nature whatsoever, by any
means, method or medium, whether now known or hereafter devised. All of the
results, products and proceeds of Petty Consulting Inc services hereunder
(including, but not limited to, all material of any nature whatsoever created,
written, composed, prepared, supervised, submitted or interpolated by Petty
Consulting Inc) is the sole and exclusive property of Company and Company
shall, solely for this purpose, be the author thereof as Petty's
employer-for-hire. All rights granted or agreed to be granted to

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Company hereunder shall vest in Company immediately and shall remain perpetually
vested in Company, its successors or assigns, whether this Agreement expires in
its normal course or is terminated for any reason whatsoever. If the Company at
any time desires to secure separate assignments with respect to any of the
foregoing, Petty Consulting Inc shall, and shall, duly execute, acknowledge and
deliver the same upon the Company's request therefore; it being expressly
agreed, however, that all rights granted or agreed to be granted to the Company
shall vest in the Company whether or not any such separate assignment is
requested by Company or executed and delivered by Petty Consulting Inc. Petty
Consulting Inc shall not, and concurrent agree not permit Petty to, transfer or
purport to transfer any right, title, privilege or interests in or to any of the
results, products or proceeds of Petty services hereunder, or any of the
Company's rights or property, to any other person or authorize or willingly
permit any person to infringe in any way upon any of the Company's rights or
property. Petty Consulting Inc covenants and agrees that it will NOT at any
time during or after the Term of this Agreement reveal, divulge or make known
to any person, firm or corporation any information, knowledge or data of a
proprietary nature relating to the business of the Company or any of its
affiliates which is not or has not become generally known or public. Petty
Consulting Inc shall hold, in a fiduciary capacity, for the benefit of the
Company, all information, knowledge or data of a proprietary nature, relating
to or concerned with, the operations, customers, developments, sales, business
and affairs of the Company and its affiliates which is not generally known to
the public and which is or was obtained by Petty Consultant Inc during the Term
of this Agreement. Petty Consulting Inc recognize and acknowledges that all
such information, knowledge or data is a valuable and unique asset of the
Company and accordingly will not discuss or divulge any such information,
knowledge or data to any person, firm, partnership, corporation or organization
other than to the Company, its affiliates, designees, assignees or successors
or except as may otherwise be required by the

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     law, as ordered by a court or other governmental body of competent
     jurisdiction, or in connection with the business and affairs of the
     Company.

     9.   PETTY CONSULTING INC'S REPRESENTATION, WARRANTIES AND FURTHER
AGREEMENTS. Petty Consulting Inc hereby represents and warrants to, and
further agrees with, the Company as follows:

     (a)  Petty Consulting Inc is a duly organized, validly existing corporation
     in good standing in the State of New York and each other state where the
     conduct of its business requires such qualification; Petty Consulting Inc
     is free to enter into this Agreement, and neither entering into this
     Agreement nor performing any act or obligation hereunder shall constitute a
     breach or default under any agreement or understanding to which Petty
     Consulting Inc. is a party or by which it or its property is bound.

     (b)  Petty Consulting Inc is a bona fide corporate business entity
     established for a valid business purpose within the meaning of the tax laws
     of the United States.

     (c)  Petty Consulting Inc covenants and agrees to make all required
     "Governmental Payments", as hereinafter defined, in a timely manner which
     arise out of or which may become due as a result of Petty Consulting Inc's
     rendering Consulting Services under this Agreement. For the purposes of
     this Agreement "Governmental Payments" shall be defined as any and all
     payments required to be made on behalf of either Petty Consulting Inc to a
     Federal, state or local taxing authority or governmental agency arising out
     of or resulting from this Agreement or the rendering of the Consulting
     Services hereunder, including but not limited to withholding for state or
     Federal income, disability or social security taxes and workers
     compensation.

     (d)  Petty Consulting Inc further acknowledges and agrees that the
     foregoing covenants, representations and warranties will be relied upon by
     the Company for the purpose of determining whether or not it is necessary
     for the Company to make Governmental Payments

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     and Petty Consulting Inc agrees that if any Governmental Payments are not
     made, and if thereafter it is determined that such Governmental Payments
     were legally required by the Company, Petty Consulting Inc shall indemnify,
     defend and hold the Company, and each of the Company's officers,
     shareholders, directors, members, and other representatives, harmless from
     and against any and all claims, liabilities, judgments, lawsuits, damages,
     costs and expenses with respect to such unpaid Governmental Payments,
     including, but not limited to, any penalties, interest and reasonable
     attorneys' fees and costs in the defense and disposition of any such matter
     relating thereto.

          (e)  Petty Consulting Inc is not subject to any obligation or
     disability which will or might prevent or interfere with the full
     completion and performance by Petty Consulting Inc of all the obligations
     and conditions to be kept or performed by Petty Consulting Inc hereunder.
     Petty Consulting Inc has not made and will not make any grant or assignment
     which will or might conflict with or impair the complete enjoyment of the
     rights and privileges granted to the Company hereunder, and Petty
     Consulting Inc shall discharge all obligations imposed on employers
     including, without limitation, the payment of taxes and the making of all
     payments required to be made under any applicable collective bargaining
     agreement by reason of Petty Consulting Inc's services rendered pursuant
     hereto.

          (d)  If Petty Consulting Inc should be dissolved, or should otherwise
     cease to exist, or for any reason whatsoever should fail, be unable,
     neglect, or refuse to perform, observe or comply with the terms, covenants
     and conditions of this Agreement, the Company in its sole discretion, may
     terminate this Agreement for "cause".

     10.  Indemnities.

          (a)  Petty Consulting Inc shall defend, indemnify and hold the Company
     and its "affiliates" (as such term is defined under the Securities Exchange
     Act of 1934, as amended) harmless, from and against any liabilities,
     losses, claims, demands, costs (including, without limitation, reasonable
     attorneys' fees) and expenses arising out

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          of any act or omission by Petty Consulting, Inc or any of its
          employees or representatives.

          (b)  The Company shall indemnify Petty Consulting Inc, during and
     after the Term of this Agreement, to the fullest extent provided for in the
     Company's Articles of Incorporation or Bylaws, as in effect, or as may
     thereafter be amended, modified or revised from time to time (collectively,
     "Company's Articles"), or permitted under the law of New York or such other
     state in which the Company may hereafter be domiciled, against any and all
     costs, claims, judgments, fines, settlements, liabilities, and fees or
     expenses (including, without limitation, reasonable attorney's fees)
     incurred in connection with any proceedings (including, without limitation,
     threatened actions, suits or investigations) brought by party or parties
     other than Petty Consulting Inc or successors or assignees arising out of
     or relating to Petty Consulting Inc's actions or inactions or the
     Consulting Services performed by Petty Consulting Inc or any counterclaims
     brought in defense of an otherwise indemnifiable action at any time during
     the Term of this Agreement. The indemnification contemplated under this
     Section 9(b) shall be provided to Petty Consulting Inc unless, at the time
     indemnification is sought, such indemnification would be prohibited under
     the law of New York or of the state in which the Company may then be
     domiciled; and the Company may rely on the advice of its counsel in
     determining whether indemnification is so prohibited.

     11.  Arbitration. Any and all disputes arising out of or relating to this
Agreement, including the termination of this Agreement, any claim for unlawful
retaliation, wrongful termination of employment, violation of public policy or
unlawful discrimination or harassment because of race, color, sex, national
origin, religion, age, physical or mental disability or condition, marital
status, sexual orientation or other legally protected characteristic shall be
resolved by final and binding arbitration before a single arbitrator. EXCEPT AS
OTHERWISE PROVIDED IN THIS SECTION, THE PARTIES AGREE THAT IF A DISPUTE OR
CLAIM OF ANY KIND ARISES BETWEEN THEM, THEY AGREE TO WAIVE ANY RIGHTS EACH MAY
HAVE TO A JURY OR COURT TRIAL.

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     Any party hereto electing to commence an action shall give written notice
to the other parties hereto of such election. The arbitrator shall be limited
to an award of monetary damages, shall not be entitled to award punitive
damages and shall conduct the arbitration in accordance with the New York Rules
of Evidence. The dispute shall be settled by arbitration to take place in New
York county, in accordance with the then rules of the American Arbitration
Association or its successor. The award of such arbitrator may be confirmed or
enforced in any court of competent jurisdiction. The costs and expenses of the
arbitrator including the attorney's fees and costs of each of the parties shall
be apportioned between the parties by such arbitrator based upon such
arbitrator's determination of the merits of their respective positions. Nothing
contained in this Section shall in any way be construed to modify, expand or
otherwise alter the rights and obligations of the Company and Petty Consulting
Inc contained elsewhere in this Agreement.

     12.  Equitable Remedies. In the event of a breach of threatened breach by
Petty Consulting Inc of any of its obligations under this Agreement, Petty
Consulting Inc acknowledges that the Company may not have an adequate remedy at
law and therefore it is mutually agreed between Petty Consulting Inc and the
Company that in addition to any other remedies at law or in equity which the
Company may have, the Company shall be entitled to seek in a court of law
and/or equity a temporary and/or permanent injunction restraining Petty
Consulting Inc from any continuing violation or breach of this Agreement.

          4.   General Provisions.

               (a)  Nothing contained herein shall constitute a partnership
between, or joint venture by, the parties hereto or constitute either party the
agent of the other. Neither party shall hold itself out contrary to the terms of
this subsection, nor neither party shall become liable for the representation,
act or omission of the other contrary to the provisions hereof. This Agreement
is not for the benefit of any third party and shall not be deemed to grant any
right or remedy to any third party whether referred to herein or not. Nothing
contained in this Agreement shall be construed so as to require the commission
of any act contrary to law, and wherever there is any conflict between any
provision(s) of this Agreement and any material statute, law, ordinance, order
or regulation contrary to which the parties

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hereto have no legal right to contract, the latter shall prevail; provided,
however, that in such event the provision(s) of this Agreement so affected shall
be curtailed and limited only to the extent necessary to permit compliance with
the minimum legal requirement, and no other provisions of this Agreement shall
be affected thereby, and all such other provisions shall continue in full force
and effect.

     (b)  Petty Consulting Inc acknowledges that the Company has advised Petty
Consulting Inc to seek the advice of counsel in connection with Petty Consulting
Inc's rights with respect to this Agreement. In connection with the foregoing,
Petty Consulting Inc and the Company acknowledge that its outside counsel, Leon
Schrage Esq connection with the negotiation, documentation and execution of this
Agreement, has represented the Company. Petty Consulting Inc further
acknowledges and agrees that Leon Schrage Esq has represented only the interests
of the Company in connection with this Agreement and has not represented Petty
Consulting Inc.

     (c)  Neither Petty Consulting Inc nor its employees are employees of or by
the Company with respect to the performance of Consulting Services to the
Company during the Term of this Agreement; accordingly, Petty Consulting Inc
shall indemnify the Company against any and all withholding and/or employment
taxes charged against the Company with respect to Petty Consulting Inc's
performance of Consulting Services during the Term of this Agreement.

     (d)  This Agreement shall be binding upon and inure to the benefit of the
Company and any successor of the Company. This Agreement shall not be terminated
by the voluntary or involuntary dissolution of the Company or by any merger,
reorganization or other transaction in which the Company is not the surviving or
resulting corporation or upon any transfer of all or substantially all of the
assets of Company in the event of any such merger, or transfer of assets. The
provisions of this Agreement shall be binding upon and shall inure to the
benefit of the surviving business entity or the business entity to which such
assets shall be transferred in the same manner and to the same extent that the
Company would be required to perform it if no such transaction had taken place.

     (e)  Except as otherwise provided by law or elsewhere herein, during the
pendency of an act of force majeure, as hereinafter defined, at the Company's
sole discretion, the

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Company may elect to suspend the operation of this Agreement for all or any
part of the pendency of an act of force majeure (the "Suspension"). During any
such Suspension, the Term of this Agreement shall be suspended and the
obligations of the Company to the Petty Consulting Inc, including the accrual
or payment of compensation due Petty Consulting Inc during the period of such
suspension, shall be inoperative. In the event the Suspension is in effect for
a period in excess of thirty (30) days Petty Consulting Inc may elect to
terminate the Agreement by prior written notice to the Company, pursuant to
Section 13(1) below. For the purposes hereof force majeure shall be defined as
any act commonly referred to as force majeure which materially and adversely
affects the Company's business and operations, including but not limited to:

                (i)     The Company having sustained a material loss, whether
or not insured, by reason of fire, earthquake, flood, epidemic, explosion,
accident, calamity or other act of God;

                (ii)    Any strike or labor dispute or court or government
action, order or decree;

                (iii)   A banking moratorium having been declared by federal or
state authorities;

                (iv)    An outbreak of major armed conflict, blockade, embargo,
or other international hostilities or restraints or orders of civic, civil
defense, or military authorities, or other national or international calamity
having occurred;

                (v)     Any act of public enemy, riot or civil disturbance or
threat thereof; or

                (vi)    An injunction, temporary restraining order or other
legal or governmental action, which materially adversely affects the Company's
ongoing business and operations

                (f)     Neither Petty Consulting Inc nor its representatives
shall have any right, power or authority to accept any order or to assume or
create any obligation, expressed or implied, on behalf of the Company without
prior empowerment by the board.

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          (g)  Petty Consulting Inc shall furnish and be fully responsible for
     all equipment, Tools and instrumentalities that may be necessary for Petty
     Consulting Inc to perform the Consulting Services unless prior agreement.

          (h)  This Agreement may not be modified, altered or amended except by
     an instrument in writing signed by the parties hereto.

          (i)  This  Agreement shall be construed in accordance with the laws
     of the State of New York except to the extent that any provision of
     Section 9 hereof may relate to an interpretation of the corporation laws
     of New York or the state in which the Company is domiciled, in which case
     such provision shall be construed in accordance with the corporation laws
     of that state.

          (j)  Nothing in the Agreement is intended to require or shall be
     construed as requiring the Company to do or fail to do any act in
     violation of applicable law. The Company's inability pursuant to court
     order to perform its obligations under this Agreement shall not constitute
     a breach of this Agreement. If any provision of this Agreement is declared
     by a court of competent jurisdiction to be void, invalid or enforceable,
     the remainder of this Agreement shall nevertheless remain in full force and
     effect. If any provision is held invalid or unenforceable with respect to
     particular circumstances, it shall, nevertheless, remain in full force and
     effect in all other circumstances and shall automatically be deemed to be
     replaced by another provision, which is as similar as possible to the
     provisions, which are deemed unenforceable, but are valid and enforceable.

          (k)  Any notice to the Company required or permitted hereunder shall
     be given in writing to the Company, either by personal service, facsimile
     or, if by mail, by registered or certified mail return receipt requested,
     postage prepaid, duly addressed to the Secretary of the Company at its
     then principal place of business with a copy to Leon Schrage Esq. 26 Court
     Street Brooklyn NY 11242. Any such notice to Petty Consulting Inc shall
     be given in a like manner, and if mailed shall be addressed to Petty
     Consulting Inc at Petty Inc's

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address above or such later address then shown in the files of the Company with
a copy to Robert Petty 20H 240 86th East NY 10028 New York. For the purpose of
determining compliance with any time limit herein, a notice shall be deemed
given on the fifth business day following the postmarked date, if mailed, or
the date of delivery if personally delivered or delivered by facsimile.

               (l)  A waiver by either party of any term or condition of this
Agreement or any breach thereof, in any one instance, shall not be deemed or
construed to be a waiver of such term or condition or of any subsequent breach
thereof.

               (m)  The section and subsection headings contained in this
Agreement are solely for convenience and shall not be considered in its
interpretation.

               (n)  This Agreement may be executed in one or more counterparts,
each of which shall constitute an original.

               (o)  Petty Consulting Inc agrees that Robert Petty has carefully
read and fully understands all of the provisions of this Agreement and is
voluntarily entering into this Agreement.

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IN WITNESS WHEREOF, the parties hereto have executed this Consulting Agreement
as of the day and year first written above.

                              COMPANY:

                              StampVille com. Inc.

                              /s/ CHESKY MALAMUD
                              --------------------------------
                              CHESKY MALAMUD
                              President

                              PETTY CONSULTING, INC.

                              /s/ ROBERT PETTY
                              ---------------------------------
                              Robert Petty
                              President

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                                 Schedule 3(a)

                                  Fee Schedule

Consulting Services shall be compensated on the following basis:

Robert Petty:            $8,166.67 per month

Douglas Wu:              $13,000 per month

Jennifer Christopher:    $6,450 per month

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                                                                 EXHIBIT 10.5(c)

                              Consulting Agreement

        This Consulting Agreement (this "Agreement") is entered into as of June
18, 1999, between Mendel Mochkin, and individual ("Consultant") and I.T.
Technology, Inc., a Delaware corporation (the "Company") with respect to the
following:

                                    RECITALS

        A. The Company has entered into a Stock Purchase Agreement (the "Stock
Purchase Agreement") with Stampville.Com, Inc. ("Stampville"), dated as of June
18, 1999, relating to the acquisition by the Company of equity interests in
Stampville, all as described in the Stock Purchase Agreement.

        B. Consultant has assisted the Company in its negotiation of the Stock
Purchase Agreement and has agreed to render additional services in connection
with the Company's investment in Stampville.

        NOW, THEREFORE, in consideration of the foregoing premises and for good
and valuable consideration, the receipt and sufficiency of which is
acknowledged, the parties hereby agree as follows:

        1. Consulting and Management Services. Consultant agrees to render
services to the Company by serving, at the Company's discretion, in an active
executive position of Stampville representing the Company's interests (the "I.T.
Representative") until terminated by the Board of Directors or the decision of
the Company to replace Consultant as the I.T. Representative. Subject to the
rights of termination set forth below, it is the intent of the parties that
Consultant act as the I.T. Representative until the consummation of the Stage
Three investment contemplated in the Stock Purchase Agreement.

        2. Term. The term of this Agreement (the "Term") shall commence upon
June 18, 1999, and shall terminate thirty (30) days after the delivery of
written notice of termination by the Company or by Consultant, for any reason,
with or without cause. Except as set forth in Section 3, below, upon
termination, the Company shall have no further obligations to Consultant in the
event it elects to terminate Consultant's Consulting Services at any time.

        3. Compensation. In consideration for entering into this Agreement
performing the Consulting Services, the Consultant and the Company agree that
Consultant shall be compensated as follows:

                  (a) Issuance of Shares. Concurrently herewith, Consultant
shall receive One Hundred Fifty Thousand (150,000) shares of the Company's par
value $0.001 common stock (the "Common Stock"). Further, upon the consummation
of the Final Stage Three Closing, as defined in the Stock Purchase Agreement,
the Consultant shall receive an additional One Hundred Fifty Thousand (150,000)
shares of Common Stock. In addition, if the total consideration for the Series C
Common Stock required to be paid by the Company is zero (0), Consultant shall
receive

<PAGE>   2

an additional Two Hundred Thousand (200,000) shares of Common Stock upon the
consummation of the Stage Three Closing.

                  (b) Stampville.com, Inc. In addition to the foregoing
issuance of shares, Consultant shall be entitled to receive the following
consideration:

                        (i) Upon the completion of the Final Stage One Closing,
Consultant shall receive one-half (1/2) share of Series A Common Stock;

                        (ii) Upon the completion of the Final Stage Two Closing,
Consultant shall surrender the one- half (1/2) share of Series A Common Stock
issued pursuant to Section 3(b)(i) above and receive one share of Series B
Common Stock; and

                        (iii) Upon the completion of the Final Stage Three
Closing, Consultant shall receive one share of Series C Common Stock.

The foregoing transfer shall be subject to the consent of Stampville and the
shareholders of Stampville, and the execution and delivery of any documentation
required by Stampville, including but not limited to the Shareholders Agreement
entered into by the shareholders of Stampville.

                  (c) Effect of Termination.

                        (i) If the Company terminates the Agreement other than
for cause, Consultant shall be entitled to the compensation set forth in this
Paragraph 3.

                        (ii) If the Consultant terminates this Agreement for any
reason, or if the Company terminates this Agreement for cause, Consultant shall
forfeit any right to any compensation not yet earned pursuant to this paragraph
3.

                        (iii) No shares of stock of either the Company or of
Stampville shall be deemed earned until issued, and Consultant shall not be
entitled to any such shares, nor any rights as a shareholder of the Company or
Stampville, until such time as the shares have been issued to Consultant and
unless this Agreement is in force on the date of issuance.

        4. Independent Contractor. Consultant shall, at all times, render the
Consulting Services pursuant to this Agreement as an independent contractor and
not as an employee, agent or servant of the Company, nor shall Consultant be
deemed, by reason of this Agreement or the services performed pursuant hereto,
to be an employee of the Company for purposes of withholding, employee payroll
taxes, contributions, pensions or otherwise. Consultant shall pay or withhold
all such taxes and contributions and shall, at the request of the Company,
provide the Company with evidence of compliance with this paragraph.

        5. No Benefits. Except as expressly set forth herein, Consultant shall
not as a result of the Management Services to be rendered by him pursuant to
this Agreement, be eligible to receive and/or participate in any of the employee
benefits available to employees of the Company, including, without limitation,
health or life insurance or benefits, vacation pay, severance pay or bonus
pools.

                                       2
<PAGE>   3

        6. Confidentiality and Proprietary Information. Consultant agrees that:

                  (a) Consultant shall not at any time (during or after the term
of this Agreement) disclose or use, except in pursuit of the business of the
Company with the Company's permission, any Proprietary Information of the
Company acquired during the term of this Agreement. For purposes of this
Agreement the phrase "Proprietary Information" means all information which
relates to the business of the Company, Stampville and any affiliate of the
Company, such as patents, patent applications, technical date, product
development, software, equipment modifications, capacities, trademarks,
copyrights, trade secrets, secret processes, proprietary know-how, business
strategies, information of the Company's business (including the business of its
affiliates), costs, pricing, personnel, suppliers, marketing plans, and identity
of suppliers or customers or accounting procedures of the Company. Proprietary
Information shall not include, however, information which is publicly available
or becomes so in the future without restriction; information which is rightfully
received by Consultant from third parties and is not accompanied by secrecy
obligations; information which is independently developed by Contractor; or
information approved for release or disclosure by the Company in writing.
Notwithstanding the foregoing, Consultant shall promptly advise the Company in
writing of any information received by Consultant from third parties and not
accompanied by secrecy obligations and information which is independently
developed by Contractor which, absent such conditions, would be Proprietary
Information. Consultant agrees not to remove from the premises of the Company
except in the pursuit of business of the Company any document, record or other
information of the Company. Consultant recognizes that all such documents,
records or other information, whether developed by Consultant or by someone else
for the Company are the exclusive property of the Company; and

                  (b) The sale or unauthorized use or disclosure of any
Proprietary Information by any means whatsoever and any time before, during or
after Consultant's services to the Company hereunder shall constitute unfair
competition. Consultant agrees that Consultant shall not engage in unfair
competition either during the time Consultant is engaged as an independent
contractor by the Company or at any time thereafter.

        7. Ownership. Consultant hereby acknowledges that all of the Proprietary
Information and materials are and shall continue to be the exclusive proprietary
property of the Company, whether or not prepared in whole or in part by
Consultant and whether or not disclosed to or entrusted to the custody of
Consultant. Consultant further hereby acknowledges that all Proprietary
Information and materials (to which Consultant has had access or which
Consultant has learned during Consultant's employment or to which Consultant
shall hereafter have access or which Consultant shall hereafter learn), have
been disclosed to Consultant solely by virtue of Consultant's employment with
Company and solely for the purpose of assisting Consultant in performing
Consultant's duties for the Company.

        8. Nondisclosure and Nonuse. Consultant hereby agrees that Consultant
will not, either during the course of his employment with Company or at any time
thereafter, disclose any Proprietary Information or materials of Company, in
whole or in part, to any person or entity, for any reason or purpose whatsoever,
unless Company shall have given its written consent to disclosure. Consultant
further agrees that Consultant shall not, either during the course of

                                       3
<PAGE>   4

Consultant's employment with Company or at any time thereafter, use in any
manner other than for and in the course of Consultant's furtherance of Company
for Consultant's own purposes or for the benefit of any other person or entity
except Company, whether such use consists of the duplication, removal, oral use
or disclosure or the transfer of any unauthorized use in whatever manner, unless
Company shall have given its prior written consent to such use.

        9. New Developments. Consultant hereby further agrees that during the
course of Consultant's Consulting Services, Consultant will promptly disclose to
Company any and all improvements, inventions, developments, discoveries,
innovations, systems, techniques, ideas, processes, programs and other things
which may be of assistance to Company, whether or not patentable or
copyrightable, relating to or arising out of any development, services or
products of, or pertaining to in any manner, the business of Company, and made
or conceived by Consultant, or alone or with others, who are employed by Company
or other independent contractors engaged by the Company (collectively referred
to hereinafter as the "New Developments"). Consultant further agrees that all
New Developments shall be and remain the sole and exclusive property of Company
and that Consultant shall, upon the request of Company, and without further
compensation, do all lawful things reasonably necessary to insure Company's
ownership of such New Developments including without limitation the execution of
any necessary documents assigning and transferring to Company and its assigns
all of Consultant's rights, title and interest in and to such New Developments,
and the rendering of assistance in execution of all necessary documents required
to enable Company to file and obtain patents or copyrights in the United States
and foreign countries on any of such New Developments.

        10. Surrender of Material Upon Termination of Agreement. Consultant
hereby agrees that, upon termination of this Agreement, for whatever reason and
whether voluntary or involuntary, or at any time at the request of Company,
Consultant will immediately surrender to Company all of the property and other
things of value in Consultant's possession, or in the possession of any person
or entity under Consultant's control, including without limitation all personal
notes, drawings, manuals, documents, photographs, or the like, and copies
thereof, relating directly or indirectly to any Proprietary Information or
materials or New Developments, or relating directly or indirectly to the
business of Company.

        11. Solicitations of Employment. During or after the Term, Consultant
hereby agrees not to induce or attempt to induce any person who, at the time of
termination of Consultant's employment, was an officer, director, Consultant,
principal or agent of Company, or any of its affiliated companies, to leave his
or her employment, agency, directorship or office with Company.

        12. Warranties and Representations of Consultant. Consultant hereby
represents and warrants to the Company and covenants and agrees with the Company
as follows:

                  (a) THE SECURITIES ISSUED AND OFFERED BY THIS INSTRUMENT HAVE
NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
OR THE SECURITIES LAWS OF ANY STATE, AND ANY SALE OF SUCH SECURITIES IS SUBJECT
TO COMPLIANCE WITH, OR THE AVAILABILITY OF EXEMPTIONS FROM COMPLIANCE WITH, THE
REGISTRATION AND QUALIFICATION REQUIREMENTS OF SUCH ACT AND ANY APPLICABLE STATE
SECURITIES LAWS. THIS INSTRUMENT DOES NOT CONSTITUTE AN OFFER OR

                                       4
<PAGE>   5

SOLICITATION TO ANY PERSON IN ANY JURISDICTION WHERE SUCH OFFER OR SOLICITATION
MAY NOT LAWFULLY BE MADE. TRANSFER OF THIS INSTRUMENT AND THE SECURITIES OFFERED
HEREBY IS RESTRICTED AS PROVIDED HEREIN.

                  (b) Consultant acknowledges that no registration statement
under the 1933 Act or under any state securities law has been filed and that the
Company has no obligation to file such a registration statement in the future
with respect to the any shares of Common Stock or interests in Stampville that
may be acquired by Consultant.

                  (c) Consultant warrants and represents that all securities
acquired pursuant to this Agreement are and will be acquired and held by
Consultant for Consultant's own account, for investment purposes only, and not
with a view towards the distribution or public offering thereof or with any
present intention of reselling or distributing the same at any particular future
time.

                  (d) Consultant agrees not to sell, transfer or otherwise
voluntarily dispose of any shares of Common Stock or any interests in Stampville
unless (i) there is an effective registration statement under the 1933 Act
covering the proposed disposition and compliance with governing state securities
laws, (ii) Consultant delivers to the Company, at Consultant's expense, a
"no-action" letter or similar interpretative opinion, satisfactory in form and
substance to the Company, from the staff of each appropriate securities agency,
to the effect that such shares may be disposed of by Consultant in the manner
proposed, or (iii) Consultant delivers to the Company an opinion of counsel
reasonably satisfactory to the Company to the effect that the proposed
disposition is exempt from registration under the 1933 Act and governing state
securities laws.

                  (e) Consultant acknowledges and consents to the appearance of
a restrictive legend, in substantially the following form, on any securities
issued pursuant to this Agreement:

                        NOTICE: RESTRICTIONS ON TRANSFER

         THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
         REGISTERED UNDER THE SECURITIES ACT OF 1933, OR ANY STATE
         SECURITIES LAWS, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED,
         ENCUMBERED, OR OTHERWISE DISPOSED OF EXCEPT UPON SATISFACTION OF
         CERTAIN CONDITIONS. INFORMATION CONCERNING THESE RESTRICTIONS
         MAY BE OBTAINED FROM THE CORPORATION. ANY OFFER OR DISPOSITION
         OF THESE SECURITIES WITHOUT SATISFACTION OF SAID CONDITIONS WILL
         BE WRONGFUL AND WILL NOT ENTITLE THE TRANSFEREE TO REGISTER
         OWNERSHIP OF THE SECURITIES WITH THE CORPORATION.

                  (f) Consultant agrees not to sell, transfer or otherwise
dispose of the Common Stock or the interests in Stampville, except as
specifically permitted by this Agreement and any applicable securities laws.

        13. Warranties and Representations of the Company.

                                       5
<PAGE>   6

                  (a) The Company is a corporation duly organized, validly
existing and in good standing under the laws of the State of Delaware.

                  (b) The issuance of Shares to Consultant has been duly
authorized by all requisite corporate action on the part of the Company.

                  (c) No consents, approvals or permits are required to be
obtained from any third person, other than those which may be required under
applicable securities laws, before the issuance of Common Stock.

        14. Procedures Upon Permitted Transfer. Before any sale, transfer or
other disposition of any of the shares of Common Stock acquired hereby
Consultant agrees to give written notice to the Company of his or her intention
to effect such disposition. The notice must describe the circumstances of the
proposed transfer in reasonable detail and must specify the manner in which the
requirements of Section 12(d) above will be satisfied in connection with the
proposed disposition. After (a) legal counsel to the Company has determined in
good faith that the requirements of Section 12(d) will be satisfied and (b)
Consultant has executed such documentation as may be necessary to effect the
proposed disposition, the Company will, as soon as practicable, transfer such
Shares in accordance with the terms of the notice. Any stock certificate issued
upon such transfer will bear a restrictive legend, in the form set forth in
Section 12(e) of this Agreement, unless in the opinion of the Company's legal
counsel such legend is not required. Compliance with the foregoing procedures is
in addition to compliance with any separate requirements applicable to
Consultant under the Certificate or otherwise.

        15. Noncompetition. Except as to prior or existing engagements and
further work with respect thereto by Consultant, during the term of this
Agreement, Employee will not, directly or indirectly, either as an employee,
employer, consultant, agent, principal, partner, stockholder, corporate officer,
director or in any other individual or representative capacity, engage or
participate in any business that is in competition in any manner whatsoever with
the business of the Company.

        16. Remedies. Without acknowledging the amount, nature or extent of
possible damages in the event of a breach, prior to the actual occurrence of
such breach, Consultant hereby acknowledges and agrees that the services
rendered by Consultant to Company, and the information disclosed to Consultant
during and by virtue of Consultant's employment, are of a special, unique and
extraordinary character, and the breach of any provision of the Agreement will
cause Company irreparable injury and damage, and consequently Company shall be
entitled, in addition to all other remedies available to it, to injunctive and
equitable relief to prevent a breach of this Agreement, or any part of it, and
to secure the enforcement of this Agreement.

        17. Modification of Agreement. It is agreed that this Agreement may be
modified only by an express agreement between Consultant and Chief Executive
Officer of Company, and that any such modification must be in writing and
signed.

        18. Severability. In the event that any one or more of the provisions
contained in this Agreement or in any other instrument referred to herein,
shall, for any reason, be held to be invalid, illegal or unenforceable in any
respect, then to the maximum extent permitted by law, such invalidity,
illegality or unenforceability shall not affect any other provision of this
Agreement or any

                                       6
<PAGE>   7

other such instrument. If any covenant should be deemed invalid, illegal or
unenforceable because its scope is considered excessive, such covenant shall be
modified so that the scope of the covenant is reduced only to the minimum extent
necessary to render the modified covenant valid, legal and enforceable. The
parties agree that there is separate consideration for each provision of this
Agreement and that all of the provisions of this Agreement are severable.

        19. Entire Agreement. This Agreement is intended to set forth the entire
agreement regarding Consultant's position as an independent contractor with the
Company and cannot be changed or terminated orally. This Agreement supersedes
all prior negotiations or agreements, whether oral or written, regarding the
terms and conditions of Consultant's position as an independent contractor with
the Company (including but in no way limited to compensation and duration).

        20. No Waiver. No waiver by any party hereto of a breach of any
provision of this Agreement shall constitute a waiver of any preceding or
succeeding breach of the same or any other provision hereof.

        21. Governing Law. This Agreement shall be governed by, and construed
and enforced in accordance with, the laws of the State of New York, without
reference to its rules regarding conflicts of laws.

        22. Non-Assignability by Consultant. This Agreement, and Consultant's
rights and obligations hereunder, may not be assigned by Consultant. The Company
may assign its rights, together with its obligations, hereunder to any
affiliate, provided that the obligations of the Company hereunder shall be
binding on its successors or assigns.

        IN WITNESS WHEREOF, the undersigned have entered into this Agreement as
of the date first above written.

"Company"                         I.T. Technology, Inc., a Delaware corporation

                                  By   /s/ HENRY HERZOG
                                    ------------------------------------
                                  Its President

"Consultant"                      /s/ MENDEL MOCHKIN
                                  --------------------------------------
                                  Mendel Mochkin

                                       7

<PAGE>   8
THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "SECURITIES ACT"), AND THEY MAY NOT BE OFFERED, SOLD, PLEDGED,
HYPOTHECATED, ASSIGNED OR TRANSFERRED EXCEPT (i) PURSUANT TO A REGISTRATION
STATEMENT UNDER THE SECURITIES ACT WHICH HAS BECOME EFFECTIVE AND IS CURRENT
WITH RESPECT TO THESE SECURITIES, OR (ii) PURSUANT TO A SPECIFIC EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT, BUT ONLY UPON A HOLDER HEREOF FIRST
HAVING OBTAINED THE WRITTEN OPINION OF COUNSEL TO THE ISSUER, OR OTHER COUNSEL
REASONABLY ACCEPTABLE TO THE ISSUER, THAT THE PROPOSED DISPOSITION IS EXEMPT
FROM REGISTRATION UNDER THE SECURITIES ACT.

                                     OPTION

     This OPTION (the "Option") is granted as of the 8th day of December, 1999
by I.T. Technology, Inc., a Delaware corporation (the "Issuer"), to Cheski
(Jonathan) Malamud ("Holder").

                                    RECITAL

     In consideration for Holder's agreement to serve as a senior executive
officer of the Issuer's subsidiary, Stampville.com, Inc., the Issuer has agreed
to issue to Holder, Options, permitting the Holder purchase of One Million Six
Hundred Thousand (1,600,000) shares of the Common Stock of the Issuer (subject
to adjustment pursuant to Section 13 below) on the terms and conditions set
forth below (collectively, the "Option Shares").

                                   AGREEMENT

     NOW, THEREFORE, in consideration of these premises and the mutual
covenants and agreements hereinafter set forth, and for other good and valuable
consideration the receipt and sufficiency of which are hereby acknowledged, the
Issuer and Holder agree as follows:

     1.   GRANT OF OPTION.

     The Issuer hereby grants to Holder the right and option (the "Option"),
upon the terms and subject to the conditions set forth in this Option, to
purchase the Option Shares, at a per share exercise price equal to $1.25 per
share (the "Exercise Price").

     2.   TERM OF OPTION.

     The Option shall terminate and expire at 5:00 p.m., New York time, on the
fifth (5th) anniversary of the date which is the "Vesting Date", as defined in
Section 3(a) below (the "Option Expiration Date").

     3.   VESTING OF OPTION.

     (a)  No portion of the Option will be exercisable until the occurance of
both of the following:

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