Document:

Exhibit 10.6

                        AGREEMENT FOR CONSULTING SERVICES

AGREEMENT made and entered into as of this 20th day of March 2003 (the
"Agreement"), by and between RRUN Ventures Network Inc. a Nevada Corporation
(the "Company") with principal offices at 62 West 8th Avenue, Vancouver, British
Columbia, V5Y 1M7 and Terrence Lall with principal offices at 69 Yorkville Ave.
Toronto, Canada. M5R 188 ("Consultant").

WHEREAS, the Company is in the primary business of producing live entertainment
events and the development and management of entertainment establishments,
namely nightclubs; and

WHEREAS, the Consultant is in the business of developing and managing
entertainment establishments, including nightclubs, and providing business
advice, management and product marketing services to companies in various
business fields including but not limited to entertainment, and the Company
believes such experience is in its best interest to utilize, and

WHEREAS, the Company acknowledges that the Consultant has been performing such
services since January 6th, 2003 for the Company and the Consultant formally
desires to continue providing such services to the Company with the specific
intention and objective to use his Best Efforts to develop and establish
entertainment establishments, namely nightclubs for the Company that will add
value to the Company's business, and

WHEREAS, the Company formally desires to engage Consultant to continue to
provide such services in accordance with the terms and conditions hereinafter
set forth;

Now, therefore, the Company and Consultant agree as follows:

1. ENGAGEMENT. The Company agrees to engage Consultant and Consultant agrees to
provide entertainment establishment start up, development, operational
management, business advice, management, and product development and marketing
services to the Company.

2. TERM. The term of this agreement shall commence on the date hereof and shall
continue for a period of two years with one renewable term of two years.
Renewable terms will automatically renew unless the Agreement is terminated.

3. SERVICES. Consultant shall render advice and assistance to the Company on
business related matters (the "Services") and in connection therewith shall:

(a) perform services for the Company regarding the conceptualizing, development,
and operating of entertainment establishments, namely nightclubs, initially in
the geographic areas of Canada and Northeastern, USA.

(b) perform services for the Company regarding the research, solicitation and
closing of entertainment establishment acquisitions, and subsequent operating of
such entertainment establishments, namely nightclubs, initially in the
geographic areas of Canada and North-eastern, USA.

(c) perform services for the Company regarding the business development and
planning of the securing of and/or formation of new partnerships and
subsidiaries for the Company to develop and/or acquire entertainment
establishments, namely nightclubs, initially in the geographic areas of Canada
and North-eastern, USA.

(d) perform  services  for the Company as a key  consultant  strategist  for its
overall Entertainment  Establishment  business in other regions that the Company
plans, develops, manages, and/or operates entertainment establishments.

(e) assist in the coordination, of the business development efforts of the
Company's other business operations in Canada and North-eastern USA.

(f) attend meetings, whether in person or by phone, or video teleconference of
the Company's Board of Directors or Executive Committee(s) when so requested by
the Company;

                                      -1-

(g) attend meetings at the request of the Company and review, analyze and report
on proposed business opportunities;

(h) consult with the Company concerning on-going strategic corporate planning
and long term corporate development policies, including advice regarding
revisions of the Company's business plan;

(i) consult with, advise and assist the Company in identifying, studying and
evaluating acquisition, joint venture, strategic alliance, recapitalization and
restructuring proposals, thereon when advisable, and assist in negotiations and
discussions pertaining thereto;

(j) assist the Company in obtaining advisory assistance from other professionals
where necessary or advisable, including, but not limited to attorneys and
accountants;

(k) consult with, advise and assist the Company in the identification and
selection of additional staff, employees and professional advisors and assist
the Company in the evaluation, redeployment and/or retention of existing
employees;

In connection with the Services to be rendered by Consultant, Consultant shall
report to the Board of Directors and President of the Company and shall consult
with those individuals on behalf of the Company in connection with its
obligations set forth above. Consultant agrees to from time to time perform
other Services, not detailed herein, as requested by the Company that fall under
the scope of Services the Consultant is capable of performing. Consultant agrees
to make himself, at the election of the Company, available to evaluate certain
proposals, that relate to certain business undertaken by the Company, subject to
the limitations of Section 5 and 7 hereof.

4. COMPENSATION (all amounts USD).
(a) $5,000/month (total of $60,000)

        o   $5,000 paid upfront for retainer
        o   $11,000 paid upfront for services rendered
        o   $44,000 to be paid in stock, restricted as per rule 144

 (b)For upfront payments due, the Company shall cause to be issued to the
Consultant,  as a non-refundable retainer for entering into this  agreement and
for services rendered 5,000,000 (five million) shares of its Common Stock shall
be issued pursuant to registration on Form S-8 under the Securities Act of 1933.
The $44,000 due to be paid in stock, restricted as per rule 144 will be issued
and delivered to Consultant upon mutual agreement between the parties.

(c) All approved out-of-pocket expenses incurred by the Consultant in the
performance of the Services to be incurred hereunder shall be borne by the
Company and paid upon submission of appropriate documentation thereof, provided.
The Consultant has the right to convert any expenses unpaid for a period of 60
days or greater to common shares.

(d) The structure of the Compensation in 4(a) and 4(b) above is for the first
year of the Term only. In year two of the Term, and any subsequent renewal Terms
the Compensation total will be the same as paid in year one (total of $60,000)
except the Consultant will have the option to elect whether the Compensation
will be paid in cash or common stock or both, and if both, the Consultant may
specify the prorated basis. Any Compensation to be paid in stock as stated in
this section 4(d) shall be paid by free trading stock. Consultant will submit to
the Company the details of his election in writing as per this section (4d) no
later than 90 days before the end of the current term.

(e) All stock to be issued hereunder will be issued at a price/share of mutual
agreement but no less than closing market price of the Company's stock on the
day of execution of the pursuant agreement or election notice.

(f) Based on the successful attainment of the closing of the first entertainment
establishment, namely nightclub development project by the Consultant for the
Company, the Company will execute a stock option agreement with the Consultant.
Granting of options will be done at the sole discretion of Management and
subsequent terms will be mutually agreed to prior to any grant.

(g) After the first year of the Term the Company shall review the performance of
the Consultant on semi-annual basis. Any subsequent changes to the Compensation
hereunder will be mutually agreed to in writing by both parties provided that
the Compensation after the first year will remain at no less that the annual
amount referred to in 4d) above.

                                      -2-

5. BEST EFFORTS BASIS. Subject to Section 7 Consultant agrees that he will at
all times faithfully and to the best of his experience, ability and talents
perform all the duties that may be required of it pursuant to the terms of this
Agreement.

6. COMPANY'S RIGHT TO APPROVE TRANSACTION. The Company expressly retains the
right to approve, in its sole discretion, each and every transaction introduced
by Consultant that involves the Company as a party to any agreement. Consultant
and the Company mutually agree that Consultant is not authorized to enter any
agreement on behalf of the Company.

7. NON-EXCLUSIVE SERVICES. The Company understands that Consultant is currently
providing certain advisory and business development services to other
individuals and entities and agrees that Consultant is not prevented or barred
from rendering services of the same nature or a similar nature to any other
individuals or entities. The Consultant acknowledges that such Services may from
time to time conflict with the timing of and the rendering of Consultant's
services and therefore agrees to the following: It is understood by both parties
that during the term of this Agreement the Consultant will be considered a
"Staff Consultant" defined as a Consultant whereas the Consultant acknowledges
that rendering services to the Company is his "first priority" and therefore
affords the Company with the First Right of Services to purchase and
subsequently benefit from" his services during the Term. Under this Agreement
"First Right or Services shall be defined as all services required by the
Company from the Consultant during the Term shall take precedent over services
of other Clients of Consultants.

8. INFORMATION REGARDING COMPANY. Consultant represents and warrants that it has
received copies of the Company's financial statements and other disclosure
documents (collectively, the "Disclosure Documents"). Consultant represents that
it has read the Disclosure Documents and has reviewed all such information with
his legal, financial and investment advisors to an extent it deemed such review
necessary or appropriate. Because of the Company's financial condition and other
factors, the receipt of capital stock of the Company as compensation under this
Agreement involves a high degree of risk, including the risks that such stock
may substantially decrease in value or have no value. The Consultant
acknowledges and accepts that risk. As a result, Consultant is cognizant of the
financial condition and operations of the Company, has available full
information concerning its affairs and has been able to evaluate the merits and
risks of being compensated in common stock of the Company. Consultant represents
and warrants to the Company that it has received from the Company and has
otherwise had access to all information necessary to verify the accuracy of the
information in the Disclosure Documents.

9. CONSULTANT NOT AN AGENT OR EMPLOYEE. Consultant's obligations under this
Agreement consist solely of the services described herein. In no event shall
Consultant be considered to be acting as an employee or agent of the Company or
otherwise representing or binding the Company. For the purposes of the
Agreement, Consultant is an independent contractor. All final decisions with
respect to acts of the Company or its affiliates, whether or not made pursuant
to or in reliance on information or advice furnished by Consultant hereunder,
shall be those of the Company or such affiliates and Consultant shall, under no
circumstances, be liable for any expenses incurred or losses suffered by the
Company as a consequence of such actions. Consultant agrees that all of his work
product relating to the Services to be rendered pursuant to this agreement shall
become the exclusive property of the Company.

10. REPRESENTATIONS AND WARRANTIES OF THE COMPANY. The Company represents and
warrants to Consultant, each such representation and warranty being deemed to be
material, that:

(a) The Company will cooperate fully and timely with consultant to enable
Consultant to perform his obligations under this Agreement;

(b)The Board of Directors of the Company in accordance with applicable law has
duly authorized the execution and performance of this agreement by the Company;

(c) Because Consultant will rely upon information being supplied it by the
Company, all such information shall be true, accurate, complete and not
misleading, in all material respects;

(d) The Shares, when issued, will be duly and validly issued, fully paid and
non-assessable with no personal liability to the ownership thereof;

(e) The Company will act diligently and promptly in reviewing materials
submitted to it by Consultant to enhance timely distribution of such materials
and will inform Consultant of any inaccuracies contained therein prior to
dissemination;

                                      -3-

11. REPRESENTATIONS AND WARRANTIES OF CONSULTANT. By virtue of the execution
hereof, and in order to induce the Company to enter into this Agreement,
Consultant hereby represents and warrants to the Company as follows:

(a) He has full power and authority to enter into this Agreement, to enter into
a consulting relationship with the Company and to otherwise perform this
Agreement in the time and manner contemplated;

(b) He has the requisite skill and experience to perform the services and to
carry out and fulfill his duties and obligations hereunder;

12. LIABILITY OF CONSULTANT. In furnishing the Company with management advice
and other services as herein provided, Consultant shall not be liable to the
Company or its creditors for errors of judgment or for anything except
malfeasance or gross negligence in the performance of his duties or reckless
disregard of the obligations and duties under the terms of this Agreement. It is
further understood and agreed that Consultant may rely upon information
furnished to it reasonably believed to be accurate and reliable and that, except
as set forth herein in the first paragraph of this Section 12, Consultant shall
not be accountable for any loss suffered by the Company by reason of the
Company's action or non-action on the basis of any advice, recommendation or
approval of Consultant.

The parties further acknowledge that Consultant undertakes no responsibility for
the accuracy of any statements to be made by management contained in press
releases or other communications, including, but not limited to, filings with
the Securities and Exchange Commission and the National Association of
Securities Dealers, Inc.

13. CONFIDENTIALITY. Until such time as the same may become publicly known,
Consultant agrees that any information provided it by the Company, of a
confidential nature will not be revealed or disclosed to any person or entities,
except in the performance of this Agreement, and upon completion of the term of
this Agreement and upon the written request of the Company, any original
documentation provided by the Company will be returned to it. Consultant will,
where it deems necessary, require confidentiality agreements from any associated
persons where it reasonably believes they will come in contact with confidential
material. Consultant also agrees to execute any non disclosure or
confidentiality agreements required by the Company.

14. NOTICE. All notices, requests, demands and other communications provided for
by this Agreement shall, where practical, be in writing and shall be deemed to
have been given when mailed enclosed in a certified post-paid envelope and
addressed to the address of the respective party first above stated. Any notice
of change of address shall only be effective however, when received.

15. SUCCESSORS AND ASSIGNS. This Agreement shall inure to the benefit of and be
binding upon the Company, its successors, and assigns, including, without
limitation, any corporation which may acquire all or substantially all of the
Company's assets and business or into which the Company may be consolidated or
merged and Consultant and his heirs and administrators.

Consultant agrees that it will not sell, assign, transfer, convey, pledge or
encumber this Agreement or his right, title or interest herein, without the
prior written consent of the Company, this Agreement being intended to secure
the personal services of Consultant.

16. TERMINATION. Consultant agrees that the Company may terminate this Agreement
at any time after the first year of the Term by providing 60 days written notice
of termination to Consultant. The Company agrees that the Consultant may
terminate this Agreement after the first year of the Term by providing the
Company with 60 days written notice. Any notice of termination shall only be
effective however, when received. The Consultant and Company agree that, due the
level of Compensation that may be delivered to Consultant as prepaid
Compensation, during the first year of the Term neither party will terminate the
Agreement within the first year of the Term without cause. "Cause" is herein
defined as acts by either party that would be detrimental to the business or
reputation of the other party, including but not limited to illegal acts and/or
the wilful refusal without proper cause to perform Material duties under the
Agreement. If Cause is cited by either party the other party shall have 30 days
after the receipt of written notice to rectify the breach as defined in the
termination notice submitted by the other party.

                                      -4-

17. APPLICABLE LAW. This Agreement shall be deemed to be a contract made under
the laws of the British Columbia, and for all purposes shall be construed in
accordance with the laws of said province.

18. OTHER AGREEMENTS. This Agreement supersedes all prior understandings and
agreements between the parties. This Agreement may not be amended orally, but
only by writing signed by the parties hereto and attached as an addendum.

19. NON-WAIVER. No delay or failure by either party in exercising any right
under this Agreement, and no partial or single exercise of that right shall
constitutes a waiver of that or any other right.

20. HEADING. Headings in this Agreement are for convenience only and shall not
be used to interpret or construe its provisions.

21. COUNTERPARTS. This Agreement may be executed in two or more counterparts,
each of which shaI1 be deemed an original but all of which together shall
constitute one and the same instrument.

22. FACSIMILE TRANSMISSION SIGNATURES. A signature received pursuant to a
facsimile transmission shall be sufficient to bind a party to this Agreement.

In Witness Whereof, the parties hereto have executed this Agreement the day and
year first above written.

RRUN VENTURES NETWORK INC.                  TERRENCE LALL

By: Ray Hawkins                             By: Terrence Lall
_____________________________               _____________________________
    Ray Hawkins, President                      Terrence LallEXHIBIT 10.8 (b)

                          REGISTRATION RIGHTS AGREEMENT

         THIS REGISTRATION RIGHTS AGREEMENT (this "Agreement") is made and
entered into as of November 1, 2002, by and between I. T. Technology, Inc., a
Delaware corporation (the "Company"), and the shareholder executing this
Agreement listed in Appendix 1 attached hereto and made a part hereof
(collectively, the "Shareholders"), with reference to the following facts.

                              W I T N E S S E T H:

         WHEREAS, on the date hereof, pursuant to the terms of the Subscription
Agreement dated November 1, 2002, between the Company and the each of the
Shareholders, (the "Offering") the Shareholders have acquired an aggregate
amount of 2,600,000 million shares of the Company's $.0002 par value per share
common stock (the "Common Stock") (hereinafter collectively referred to as the
"Shares");

         WHEREAS, the Company has agreed with the Shareholders to grant certain
registration rights to Shareholders with respect to the Shares.

         NOW, THEREFORE, in consideration of the mutual representations,
covenants and agreements contained herein, the parties hereto agree as follows:

         1. Registration of the Shares.

                  (a) Subject to the terms and conditions contained herein, and
except as otherwise provided in Section 2(a) below, the Company shall use
commercially reasonable efforts to prepare and file with the Securities and
Exchange Commission (the "SEC") within ninety (90) days after the completion of
the Offering, a Registration Statement pursuant to Securities Act of 1933, as
amended (the "Act"), covering the reoffer and resale from time to time of the
Shares by the Shareholders, including any exhibit and amendment thereto, and any
preliminary or final prospectus, and any supplement thereto (the "Registration
Statement"). The Company agrees to use its commercially reasonable efforts to
cause the Registration Statement to become effective under the Act as soon as
reasonably practicable after the filing the thereof. In connection with the
foregoing, the Shareholders agree to cooperate with the Company and to provide
the Company in a timely manner with all information regarding the Shareholders
as the Company may reasonably request in connection with the preparation of the
Registration Statement. In addition, the Shareholders agree to promptly notify
the Company of any changes in the information set forth in the Registration
Statement regarding Shareholders or such Shareholders' plan of distribution as
set forth in such Registration Statement. Notwithstanding the foregoing, the
Shareholders hereby acknowledge and agree that the Company cannot and is not
representing when, if ever, the Registration Statement will be declared
effective by the SEC.

                  (b) The Company shall prepare and file with the SEC (i) such
amendments and supplements to the Registration Statement and any "Prospectus,"
as such term is hereinafter defined, used in connection therewith, and (ii) such
other filings required by the SEC, in each case as may be necessary to keep the
Registration Statement continuously effective and not misleading until the first
to occur of (A) all of the Shares have been previously sold or disposed of
pursuant to the Registration Statement; (B) all of the Shares have otherwise
been sold, transferred or disposed of to any entity other than an Affiliate of
the Shareholders; or (C) one hundred and eighty (180) days from the effective
date of the Registration Statement or such other time thereafter as the Company
in its sole discretion may agree to.

                  (c) In order to facilitate the public sale or other
disposition of all or any of the Shares by the Shareholders pursuant to the
Registration Statement , the Company shall furnish to the Shareholders with
respect to the Shares registered under the Registration Statement such number of
copies of prospectuses, prospectus supplements and preliminary prospectuses as
such Shareholders reasonably requests in conformity with the requirements of the
Act (collectively, the "Prospectus").

                  (d) The Company shall file such documents, if any, reasonably
required of the Company for normal blue sky clearance in New York and such other
state(s) as the Company in its sole discretion may agree to; provided, however,
that the Company shall not be required to (i) qualify generally to do business
in any jurisdiction where it would not otherwise be required to qualify but for
this clause (d), (ii) subject itself to general taxation in any such
jurisdiction; (iii) consent to general service of process in any such
jurisdiction; or (iv) undertake compliance with substantive requirements of the
blue sky laws or regulations of a jurisdiction which are unreasonably burdensome
or onerous, including escrow requirements.

<PAGE>

         2. Registration Statement Delaying or Suspension Events.

                  (a) Notwithstanding anything to the contrary contained herein,
the Company shall be entitled to (i) postpone the filing of the Registration
Statement required to be prepared and filed by it hereunder or (ii) withdraw the
Registration Statement after its filing but before it has been declared
effective, if, in either case, the Company in its good faith discretion
determines that such registration would interfere in any material respect with
any proposal or plan by the Company to engage in any financing or any material
acquisition or disposition by the Company or any subsidiary thereof of the
capital stock or assets (other than in the ordinary course of business), any
tender offer or any offering, merger, consolidation, corporate reorganization or
restructuring or other similar transaction material to the Company and its
subsidiaries as a whole ("Material Event"). In the event the filing of the
Registration Statement is postponed or withdrawn, the Company shall file or
re-file the Registration Statement within ten (10) days after the Company, in
its good faith discretion, determines that the Material Event has been completed
or terminated.

                  (b) The Shareholders further acknowledge and agree that after
the effective date of the Registration Statement the Company may, in its good
faith discretion, determine that there is a Material Event and that the use of
the Prospectus should be suspended until such time as an amendment or supplement
to the Registration Statement or the Prospectus has been filed by the Company
and any such amendment to the Registration Statement is declared effective by
the SEC, or until such time as the Company has filed an appropriate report with
the SEC pursuant to the Securities Exchange Act of 1934, as amended, to report
the Material Event. Each Shareholder hereby covenants that it will not sell any
Shares pursuant to the Prospectus during the period commencing at the time at
which the Company gives such Shareholder written notice of the suspension of the
use or the Prospectus and ending at the time the Company gives such Shareholder
written notice that the Shareholders may thereafter effect sales pursuant to the
Prospectus.

                  (c) The Company shall disclose to the Shareholders the nature
of any Material Event or the business purpose for which it has delayed or
withdrawn the Registration Statement or suspended the use of the Prospectus,
provided the Shareholders agree to keep any information so disclosed
confidential and not complete any trades of Common Stock until the Company
informs the Shareholders the information is considered public information or is
no longer material.

         3. Transfer of Shares . Shareholders agree not to effect any
disposition of the Shares that would constitute a "sale" within the meaning of
the Act, except pursuant to the Registration Statement or in a transaction
exempt from registration under the Act, in which case the Shareholders shall,
prior to effecting such disposition, submit to the Company an opinion of counsel
in form and substance reasonably satisfactory to the Company to the effect that
the proposed transaction is in compliance with the Act.

         4. Registration Expenses

         All expenses incident to the Company's performance of or compliance
with this Agreement including, without limitation (i) all registration and
filing fees, all fees and expenses associated with filings required to be made
with the NASD, as may be required by rules and regulations of the NASD (other
than fees required in excess of fees which would otherwise pertain in the event
that Shareholders is a member of the NASD), fees and expenses of compliance with
securities or blue sky laws (including fees and disbursements of counsel in
connection with blue sky qualifications for the Shares), if any, rating agency
fees, printing expenses (including expenses of printing certificates for the
Shares in a form eligible for deposit with the Depository Trust Company and of
printing prospectuses, messenger and delivery expenses, (ii) internal expenses
(including, without limitation, all salaries and expenses of their officers and
employees performing legal or accounting duties), and (iii) fees and expenses of
counsel for the Company and its independent certified public accountants (all
such expenses being herein called "Registration Expenses") will be borne by the
Company, all other expenses shall be borne by the Shareholders, including,
without limitation, any underwriting discounts or commissions attributable to
the sale of the Shares or any direct out-of-pocket expenses of Shareholders,
including fees and expenses of counsel or accountants for the Shareholders. In
the event that following effectiveness of the Registration Statement, it becomes
necessary for the Company to prepare and file a supplemental prospectus or
amended prospectus in order to maintain the effectiveness of such Registration
Statement, the Company shall pay all printing costs associated with the printing
of such supplemental or amended Prospectus to be distributed in connection with
sales of their securities pursuant thereto.

         5. Miscellaneous

                  (a) Publicity. No press release, publicity, disclosure or
notice to any Person concerning any of the transactions contemplated by this
Agreement shall be issued, given, made or otherwise disseminated by the
Shareholders, or any of their respective Associates at any time , without the
prior written approval of the Company. Notwithstanding anything to the contrary
contained herein, the Company shall be entitled to issue press releases
regarding the transactions contemplated by this Agreement.

                  (b) Governing Law. This Agreement shall be construed in
accordance with, and governed in all respects by, the laws of the State of
California (without giving effect to principles of conflicts of law).

                  (c) Arbitration of Disputes.

                           (i) All Disputes arising between the parties hereto
with respect to the making, construction, terms, or interpretation of this
Agreement or any breach thereof, or the rights or obligations of any party
hereto or thereto, shall, in lieu of court action, be submitted to mandatory,
binding arbitration, pursuant to the terms of Section 5 of each Shareholder's
Subscription Agreement.

<PAGE>

                           (ii) BY INITIALING IN THE SPACE BELOW, YOU ARE
AGREEING TO HAVE ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE
"ARBITRATION OF DISPUTES" SECTION OF YOUR SUBSCRIPTION AGREEMENT DECIDED BY
NEUTRAL ARBITRATION AS PROVIDED BY THE LAWS OF THE STATE OF CALIFORNIA AND YOU
ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A
COURT OR JURY TRIAL. BY INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOUR
JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY
INCLUDED IN THE "ARBITRATION OF DISPUTES" SECTION OF YOUR SUBSCRIPTION
AGREEMENT. IF YOU REFUSE TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS
PROVISION, YOU MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE LAWS OF
THE STATE OF CALIFORNIA. YOU AGREE THAT YOUR AGREEMENT TO THIS ARBITRATION
SECTION IS VOLUNTARY.

         WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES
ARISING OUT OF THE MATTERS INCLUDED IN THE "ARBITRATION OF DISPUTES" SECTION OF
YOUR SUBSCRIPTION AGREEMENT TO NEUTRAL ARBITRATION.

______ INITIALS         illegible

COMPANY'S INITIALS      illegible

                  (d) Notices. All notices and other communications required or
permitted under this Agreement shall be in writing which are addressed as
provided in this Section 5(d) if delivered personally against proper receipt or
by confirmed facsimile transmission shall be effective upon delivery and (ii) if
delivered (A) by certified or registered mail with postage prepaid shall be
effective five (5) Business Days or (B) by Federal Express or similar courier
service with courier fees paid by the sender, shall be effective two (2)
Business Days following the date when mailed or couriered, as the case may be.
Any party hereto may from time to time change its address for the purpose of
notices to such party by a similar notice specifying a new address, but no such
change shall be deemed to have been given until it is actually received by the
party sought to be charged with its contents. Initially, all notices shall be
sent to the parties hereto as follows:

if to the Company:

         I. T. Technology, Inc..
         15303 Ventura Boulevard
         Suite 900
         Sherman Oaks, CA. 91403
         Attention: Jonathan Herzog
         Telephone: (818) 380-3020
         Facsimile: (818) 380-3021

with a copy to (not constituting notice):

         Barry L. Burten, Esq.
         Jeffer, Mangels, Butler & Marmaro LLP
         1900 Ave. of the Stars, 7th Floor
         Los Angeles, CA 90067
         Telephone:  (310) 785-5359
         Facsimile: (310) 712-3359

if to the Shareholders at the addresses or facsimile numbers set forth beneath
their respective names on the signature page hereof.

                  (f) Headings. The table of contents of this Agreement and the
underlined headings contained in this Agreement are for convenience of reference
only, shall not be deemed to be a part of this Agreement and shall not be
referred to in connection with the construction or interpretation of this
Agreement.

                  (g) Assignment. No Shareholder may assign any of its rights or
delegate any of its obligations under this Agreement to any other person without
the prior written consent of the Company. The Company may assign the Company's
rights and obligations hereunder to an Affiliate or pursuant to the acquisition
of all or substantially all of the voting securities or assets of the Company by
means of a merger, stock purchase or other similar transaction.

<PAGE>

                  (h) Third Party Beneficiaries. Nothing in this Agreement is
intended to provide any rights or remedies to any person (including any employee
or creditor of any Shareholder) other than the parties hereto.

                  (i) Severability. In the event that any provision of this
Agreement, or the application of such provision to any Person or set of
circumstances, shall be determined to be invalid, unlawful, void or
unenforceable to any extent, the remainder of this Agreement, and the
application of such provision to Persons or circumstances other than those as to
which it is determined to be invalid, unlawful, void or unenforceable, shall not
be affected and shall continue to be valid and enforceable to the fullest extent
permitted by law.

                  (j) Integration, Entire Agreement. Except as expressly noted
in Section 5(c) above, this Agreement sets forth the entire understanding of the
Parties hereto and supersedes all other agreements and understandings between
any of the parties relating to the subject matter hereof and thereof.

                  (k) No Waiver. No failure on the part of either party hereto
to exercise any power, right, privilege or remedy under this Agreement, and no
delay on the part of either party hereto in exercising any power, right,
privilege or remedy under this Agreement, shall operate as a waiver thereof; and
no single or partial exercise of any such power, right, privilege or remedy
shall preclude any other or further exercise thereof or of any other power,
right, privilege or remedy.

                  (l) Amendments. This Agreement may not be amended, modified,
altered or supplemented except by means of a written instrument executed by the
Company and the Shareholders.

                  (m) Representations and Warranties, Representatives. No party
hereto shall make any warranties or representations, or assume or create any
obligations, on the other party's behalf except as may be expressly permitted
hereunder or in writing by such other party. Each party hereto shall be solely
responsible for the actions of all its representative employees, agents and
representatives.

                  (n) Interpretation of the Agreement:

                           (i) Each party hereto acknowledges that it has
participated in the drafting of this Agreement, and any applicable rule of
construction to the effect that ambiguities are to be resolved against the
drafting party shall not be applied in connection with the construction or
interpretation of this Agreement;

                           (ii) Whenever required by the context hereof, the
singular number shall include the plural, and vice versa; the masculine gender
shall include the feminine and neuter genders; and the neuter gender shall
include the masculine and feminine genders;

                           (iii) As used in this Agreement, the words "include"
and "including," and variations thereof, shall not be deemed to be terms of
limitation, and shall be deemed to be followed by the words "without
limitation"; and

                           (iv) References herein to "Sections" and "Exhibits"
are intended to refer to Sections of and Exhibits to this Agreement.

                  (o) Counterparts This Agreement may be executed in any number
of counterparts, each of which shall be deemed an original and all of which
together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first written above.

COMPANY:                       I. T. TECHNOLOGY, INC.., a Delaware corporation

                               By: /s/ Yam-Hin Tan
                               Name: YAM-HIN TAN
                               Title: CFO/DIRECTOR

SHAREHOLDERS:

PERFECT OPTICAL CORPORATION

SIGNATURE: /S/ Israel Motchkin

STREET ADDRESS:  110 EAST 23RD STREET

CITY, STATE, ZIP CODE: NEW YORK NY 10010

FACSIMILE NUMBER: 212-473-7095

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