Document:

Exhibit 10.13

     DISTRIBUTORSHIP AGREEMENT BETWEEN CINTEL CO., LTD. AND SNET SYSTEMS CO.

ARTICLE 1. PURPOSE

This  Agreement is made and entered into this 1st day of October 30, 2001 by and
between CinTel Co. Ltd.,  having its principal office at MSA Building,  #891-43,
Daechi-dong,  Gangnam-gu,  Seoul, Korea (hereinafter referred to as "Principal")
and SNET Systems Co., having its principal office at 10th floor Sungwon Building
141  Samsung-dong   Gangnam-gu  Seoul,   Korea   (hereinafter   referred  to  as
"Distributor").

WHEREAS,  Principal desires to appoint Distributor and Distributor desires to be
appointed, as Principal's non-exclusive Distributor for the sale of the Products
(as defined hereinafter) in the Territory (as defined hereinafter).

ARTICLE 2. APPLICATION AND RANGE

1.        This  Agreement is applied to the  additional  agreement  entered into
          through order sheet  requested by Distributor,  such as invoice.  Both
          parties must observe the additional supply agreement.

2.        The related regulations including Commercial Law or Civil Law shall be
          applied to the items unspecified in this agreement.

ARTICLE 3. TERM

1.        This Agreement shall become effective from October 26, 2001 to October
          25,  2002 and shall  continue in full force and effect for a period of
          one (1) year.

2.        This Agreement  shall be  automatically  extended for a successive one
          (1) year  thereafter,  unless and until either party shall give to the
          other party at least  thirteen (15) days prior  written  notice of its
          intention not to extend this  Agreement.  And the  termination  of the
          term shall not effect any right or debt already generated.

ARTICLE 4. DEFINITION

1.        "Products"  shall mean the products which are  manufactured  by CinTel
          Co.,  Ltd.,  (hereinafter  referred to as  "Manufacturer"),  the whole
          hardware  including  iCache  software  provided  for the  end-user and
          agency. (Refer to Appendix 1)

2.        "Services"  shall  mean the  whole  services  provided  for  customers
          (in)directly by Distributor with Principal's products..

3.        "Customers"   shall   mean   individual,    corporation,    government
          organization  having  business with  Distributor as the outcome of its
          sales activities.

                                       1
<PAGE>

4.        "Agency"  shall mean sales agencies  undertaking  sales of Principal's
          products in Distributor's charge.

5.        "Sole trade right" shall mean the right of distributor  which can open
          agency to sell Products.

ARTICLE 5. DETAILS OF AGREEMENT

1.        Distributor,   as  Principal's  business  partner,   seeks  profit  by
          providing  customers with products and services and has the management
          right of sales agency in place of Principal. However, Distributor must
          get advance written consent from Principal  before entering into sales
          agency agreement.

2.        Principal, as Distributor's business partner, shall supply Distributor
          the products and support Distributor faithfully.

3.        Principal shall supply Distributor with the products.

ARTICLE 6. RIGHT AND DUTY

1.        Distributor  shall provide  Principal's  product to its resellers with
          higher price than the one suggested in Appendix 1.

2.        Distributor  ought to open its  agency  or  technical  support  center
          within the range specified on this agreement.

3.        Principal and Distributor  shall exchange  information on competitors'
          products and market trends.

ARTICLE 7. PAYMENT

1.        Payment in cash due shall be based on within 60 days after  generating
          invoice  (This shall be defined as "Payment  Due Date").  Day counting
          shall follow the rule of Civil Law of Republic of Korea.

2.        Without mutual agreement,  both parties can offset payment by clearing
          invoices that contain payment responsibility of either party.

3.        If Distributor  needs to clear its invoice with other payment  methods
          except cash, both parties shall determine with mutual agreement.

ARTICLE 8. DELIVERY AND DELAY PENALTY

1.        Product delivery time shall follow Principal's  delivery rules, and it
          shall not exceed more than four weeks after receipt of order sheet.

2.        If  Principal  fails to  deliver  the  products  within  the time rule
          defined in Article 8-1,  Principal shall be responsible for payment of
          3/1000 of product's  price as penalty of delay everyday after delivery
          due date.

                                       2
<PAGE>

3.        Principal  shall not be  responsible  for delay penalty with following
          reasons;

                  A.    Force Majeure such as natural disaster;

                  B.    If supply is delayed or suspended by Distributor;

                  C.    Delivery  date is  delayed by mutual  agreement  between
                        both parties.

                  D.    Delay  is  caused   by   structural   reasons   such  as
                        government's regulation.

ARTICLE 9. PRICE AND SPECIFICATION

1.        Mutually  agreed price and  specification  is defined in Appendix 1 at
          the date of exchanging this Agreement.  Unexpected change in price and
          specification  shall happen due to market trends with mutual agreement
          between both parties.

2.        The price cut rate  that  shall be  applied  when  Principal  delivers
          products to Distributor shall be 60% of consumer price. Additional cut
          rate that is caused by Principal's  sales  activities shall be decided
          by  Principal.  Cut rate that shall be applied to  Distributor  can be
          changed  due to  Market  trend  with  mutual  agreement  between  both
          parties.

ARTICLE 10. DESTINATION PLACE OF DELIVERY

1.        Destination  place of delivery  shall  follow the  written  address of
          Distributor in this Agreement.

2.        Delivery   expense  shall  be  responsible   by  both  parties.   When
          Distributor  demands  installation  service from  Principal,  expenses
          related to installation  service shall be responsible and paid by cash
          by Distributor. Other expense shall be cleared by the mutual agreement
          of both parties.

ARTICLE 11. DELIVERY AND NOTICE OF FAULTY PRODUCT

1.        Distributor shall notice result of quality test to Principal within 10
          days  after  containing  product,  and such test  shall be  considered
          completed if  Distributor  does not notice  testing  result  within 10
          days.

2.        If Distributor  finds faulty parts in products  within testing period,
          Distributor shall report such report to Principal.  Principal shall be
          responsible for fixing or replacing such parts with immediate manner.

ARTICLE 12. OWNERSHIP TRANSFERRING

Ownership  transferring right of product shall belong to Distributor right after
Principal   deliver  product  to  Distributor  with  gaining  Product  Receiving
Confirmation.

ARTICLE 13. ORDER CANCELLATION

1.        The  cancellation  of order according to official order form shall not
          be granted.

2.        However, order cancellation shall be considered by both parties before
          Principal sends its product to Distributor.

                                       3
<PAGE>

ARTICLE 14. EDUCATION AND SALE'S SUPPORT

1.        Distributor  shall be fully  responsible for  Resellership  management
          including product education for its customers or resellers.  Principal
          shall be  responsible  for  education of  installation  and  technical
          support for Distributor.

2.        Principal  shall  provide  printed  presentation  materials  including
          product  introduction  and logo,  and  Distributor  shall not  utilize
          Principal's  presentation  materials  for purpose of other  activities
          except business that is defined in this Agreement.

ARTICLE 15. SALES PROMOTION

Distributor shall, at its own expenses, use its best efforts to promote the sale
of the Products and Principal  shall support those  efforts.  Distributor  shall
execute  independent  sales promotion by utilizing  Principal's logo or product,
but it shall not harm Principal's public image or invade its rights.

ARTICLE 16. SALES PROMOTION ADVISORY

Distributor shall, at its own expenses, use its best efforts to promote the sale
of the Products. Distributor shall ask presentation materials to Principal.

ARTICLE 17. WARRANTY AND MAINTENANCE

1.        Principal  shall be responsible  for repairing or exchanging of faulty
          part of product due to Principal's own fault.

2.        Principal shall  guarantee  warranty for one year with free of charge.
          This  warrantee  term shall  begin right  after  Distributor  complete
          product delivery confirmation from customer.

3.        Principal  shall  ask  expense  for  maintenance  if such  maintenance
          request is not covered by warranty policy.

4.        Upgrading  of product  shall not be covered by  warranty  with free of
          charge.  Required  expense of upgrading  process shall be discussed by
          both parties with mutual agreement.

5.        Principal shall provide  warranty deed which  guarantees the defect of
          products during the termination.

ARTICLE 18. CUSTOMER MANAGEMENT

1.        Distributor  shall take full  responsibility  for customer  management
          after gaining its customer by own sales activities.

2.        Distributor  shall  provide  kindly  service for  product  maintenance
          request from customers and shall notice to  maintenance  request order
          to  Principal  if  maintenance  request is dealing with faulty part of
          product that contain effective warranty policy.

                                       4
<PAGE>

ARTICLE 19. TERMINATION RIGHT WITH IMMEDIATE EFFECTIVENESS

1.        In each  case of the  following  events,  either  party  ("Terminating
          Party") may terminate this Agreement, with immediate effect, by giving
          the written  notice of  termination  to the other  party  ("Defaulting
          Party"):

          A.   if the Defaulting  Party becomes  bankrupt or insolvent,  or have
               its  business  placed  in the  hand of a  receiver,  assignee  or
               trustee, whether by voluntary act or otherwise;

          B.   if both parties agree on termination of this Agreement;

          C.   if the  Defaulting  Party  assigns  this  Agreement or any rights
               hereunder  to a third party  without the  non-defaulting  party's
               prior written consent;

          D.   if the Defaulting  Party ceases to function as a going concern or
               to conduct its operations in the normal course of business;

          E.   if the  Distributor  should be  acquired  by,  or  should  itself
               acquire, in whole or in part, a manufacturer of products which in
               the  reasonable  judgment  of  Principal  competes  to a material
               extent with the Products;

          F.   if the Defaulting  Party causes  damages on  Terminating  Party's
               company image or Terminating Party's customer relationship

ARTICLE 20. PRINCIPAL'S ARBITRARY TERMINATION RIGHT

In case of termination due to Article  19-1-B,  the Principal or Distributor may
terminate this Agreement by exchanging prior written notice.

ARTICLE 21. MAKING PROTEST

1.        In case a party gets termination  notice of this agreement,  the party
          can make a protest  within  fifteen (15) days after the receipt of the
          notice.

2.        In case each Party does not make any protest  against the claim,  this
          agreement is considered to be terminated.

ARTICLE 22. CLEARANCE AFTER TERMINATION

After  termination  according to Article 19, each party carries out clearance as
follows;

1.        All products and sales  rights  granted by Principal is suspended  and
          Distributor  shall  bear all  responsibilities  originated  after  the
          effective date of termination.

2.        All materials for promotion and sales granted to Distributor are to be
          returned to Principal

                                       5
<PAGE>

ARTICLE 23. ARBITRATION

All disputes,  controversies or differences which may arise between the parties,
out of, or in relation  to, or in  connection  with this  Agreement,  or for the
breach  thereof,  shall be finally  settled by  arbitration  in Seoul,  Korea in
accordance  with  the  Commercial  Arbitration  Rules of the  Korean  Commercial
Arbitration Board and under the laws of Korea.

ARTICLE 24. DAMAGE REPARATION

Each party is claimable  damage  reparation  of  nonfulfilment  or delay of this
agreement caused by partner's fault.

1.        Each party shall not bear the responsibility of damage reparation when
          it caused by force majeure,  such as natural  disaster,  war, or other
          acute situation.

2.        In case a party delays activity  described on this agreement for force
          majeure,  the party  must  notice  the  reason,  delay time to another
          party.

ARTICLE 25. OBLIGATION OF THE DISTRIBUTOR

The Distributor  will, in all  correspondence  and dealing relating  directly or
indirectly to the sale or other  disposition of the Products,  clearly  indicate
that it is acting as a principal and not as an agent and/or legal representative
of the  Principal.  Distributor  undertakes  any legal  problem  caused  between
Distributor and customer.

ARTICLE 26. PROHIBITION OF TRANSFER

Any rights and  obligations  on this  agreement are  unassignable  until getting
written consent from each Party.

ARTICLE 27. NON-DISCLOSURE

1.        The  Distributor  shall not disclose to any third  party,  without the
          prior written consent of the Principal.

2.        The  Distributor  shall  not  use  for  any  purpose  other  than  the
          performance of its obligations under this Agreement,  any confidential
          information  concerning  the  Products  or  business  affairs  of  the
          Principal (including but not limited to, prices, discounts,  terms and
          conditions of sale, customers,  business affairs,  Products or Product
          specification)  which it  acquires  or  develops  in the course of its
          transaction with the Principal.

ARTICLE 28. TERM & ADDITIONAL ITEMS

1.        This Agreement shall become effective upon signing.

2.        In case  additional or specific  items which are not described in this
          agreement,  they  can  be  added  after  exchanging  written  consents
          mutually.

                                       6
<PAGE>

ARTICLE 29. ORAL ENGAGEMENTS

All of conventions and oral engagements before this agreement are abolished.

ARTICLE 30. SAFEKEEPING THE COPIES OF AGREEMENT

IN WITNESS  WHEREOF,  the Parties hereto have executed this agreement in two (2)
original copies by their duly authorized  representatives  on the day and at the
place written here below, each party receiving one original copy hereof.

ARTICLE 31. ENTIRE AGREEMENT & AMENDMENTS

1.        This Agreement  constitutes the entire  understanding of Principal and
          the Distributor with respect to the subject matter hereof.

2.        No  amendment,  modification  or  alteration  of  any  terms  of  this
          Agreement  shall be binding on either  party  unless the same shall be
          made in writing,  dated  subsequent to the date hereof and executed by
          or on behalf of the parties hereto.

                                       7
<PAGE>

                    APPENDIX 1. PRICE LIST AND SPECIFICATIONS

<TABLE>
<CAPTION>
1) Price and Specifications of PacketCruz iCache                                  (Unit: KRW)
-------------------- -------------------------- --------------------------- -----------------------
Model                400                        800                         1500(future)
-------------------- -------------------------- --------------------------- -----------------------
<S>                  <C>                        <C>                         <C>
Specifications       Intel Pentium III-800      Intel Pentium III-800       Intel Pentium III-866
                     256MB                      512MB                       1GB
                     IDE ATA-66 60GB            IDE ATA-66 120GB            IDE SCSI 144GB
                     10/100Mbps 1ports          10/100Mbps 1ports           10/100Mbps 1ports
-------------------- -------------------------- --------------------------- -----------------------
List Price
-------------------- -------------------------- --------------------------- -----------------------
Reseller Price
-------------------- -------------------------- --------------------------- -----------------------

-------------------- -------------------------- --------------------------- -----------------------
Model                2000 Standard              2000 Plus                   Giga-bit Interface
-------------------- -------------------------- --------------------------- -----------------------
Specifications       Intel Pentium III-1GHz     Intel Pentium III-1GHz      1000Base-SX 1 Port
                     / Xeon 700                 / Xeon 700
                     1GB                        2GB
                     Ultra3 SCSI 144GB          Ultra3 SCSI 290GB
                     (Hot Swap)                 (Hot Swap)
                     1000Mbps 1ports            1000Mbps 1ports
                     Dual Power                 Dual Power
-------------------- -------------------------- --------------------------- -----------------------
List Price
-------------------- -------------------------- --------------------------- -----------------------
Reseller Price
-------------------- -------------------------- --------------------------- -----------------------
</TABLE>

* Upgrade of the products can be performed under the mutual written consent.

                                       8
<PAGE>

                           ADDITIONAL MUTUAL AGREEMENT

CinTel Corp. (hereinafter referred to as "Gab") and SNET System Co. (hereinafter
referred to as "Eul") shall agree on this Additional Mutual Agreement.

1.   Eul's responsible sales revenue shall be following figures.

     A.   Until December 31st, 2001: __________________ (excluding VAT)

     B.   Until December 31st, 2002: __________________ (excluding VAT)

                              Total: __________________ (excluding VAT)

2.   Gab and Eul shall work  together  for CDN  Project and other  domestic  CDN
     sales that is based on CDN solution.

3.   Eul shall  maintain  active sales work and related  support to obtain sales
     right from Gab.

4.   Gab shall maintain continuous  marketing activities to increase brand value
     for supporting Eul's proper sales activities.

5.   When  Eul need to  contain  additional  guarantee  of  profit  due to Eul's
     successful  sales  activities,   both  parties  shall  exchange  additional
     required issues.

6.   Eul shall not ask  profit  share of sales  that is  executed  prior to this
     Agreement.

7.   Gab and Eul  shall be able to change  product's  specification  for  proper
     sales activities, and both parties can work together for the same reason.

8.   Gab shall not execute  direct sales  activities  to its customers and shall
     obtain sales only by Eul.

9.   Eul shall give choice of priority to Gab's product.

                                                              October 30th, 2001

                                                      (GAB) ____________________
   CinTel Co. Ltd., MSA Building, #891-43, Daechi-dong, Gangnam-gu, Seoul, Korea

                                                      (EUL) ____________________
SNET Systems Co., 10th floor Sungwon Building 141 Samsung-dong Gangnam-gu Seoul,
                                                                           Korea

                                                                               9Exhibit 10.14

     DISTRIBUTORSHIP AGREEMENT BETWEEN CINTEL CO., LTD. AND ICRAFT CO., LTD.

ARTICLE 1. PURPOSE

This  Agreement is made and entered  into this 1st day of November,  2001 by and
between CinTel Co. Ltd.,  having its principal office at MSA Building,  #891-43,
Daechi-dong,  Gangnam-gu,  Seoul, Korea (hereinafter referred to as "Principal")
and iCraft Co.,  Ltd.,  having its  principal  office at #1201  Seshin  Building
129-11  Chungdam-dong  Gangnam-gu  Seoul,  Korea  (hereinafter  referred  to  as
"Distributor").

WHEREAS,  Principal desires to appoint Distributor and Distributor desires to be
appointed, as Principal's non-exclusive Distributor for the sale of the Products
(as defined hereinafter) in the Territory (as defined hereinafter).

ARTICLE 2. APPLICATION AND RANGE

1.        This  Agreement is applied to the  additional  agreement  entered into
          through order sheet  requested by Distributor,  such as invoice.  Both
          parties must observe the additional supply agreement.

2.        The related regulations including Commercial Law or Civil Law shall be
          applied to the items unspecified in this agreement.

ARTICLE 3. TERM

This  Agreement  shall  become  effective  until  October 30, 2002 from the date
hereof.

ARTICLE 4. DEFINITION

1.        "Products"  shall mean the products which are  manufactured  by CinTel
          Co.,  Ltd.,  (hereinafter  referred to as  "Manufacturer"),  the whole
          hardware  including  iCache  software  provided  for the  end-user and
          agency. (Refer to Appendix 1)

2.        "Services"  shall  mean the  whole  services  provided  for  customers
          (in)directly by Distributor with Principal's products..

3.        "Customers"   shall   mean   individual,    corporation,    government
          organization  having  business with  Distributor as the outcome of its
          sales activities.

4.        "Agency"  shall mean sales agencies  undertaking  sales of Principal's
          products in Distributor's charge.

ARTICLE 5. DETAILS OF AGREEMENT

1.        Distributor,   as  Principal's  business  partner,   seeks  profit  by
          providing  customers with products and services and has the management

                                       1
<PAGE>

          right of sales agency in place of Principal. However, Distributor must
          get advance written consent from Principal  before entering into sales
          agency agreement.

2.        Principal, as Distributor's business partner, shall supply Distributor
          the products and support Distributor faithfully.

3.        Principal shall supply Distributor with the products.

ARTICLE 6. RIGHT AND DUTY

1.        Distributor  shall provide  Principal's  product to its resellers with
          higher price than the one suggested in Appendix 1.

2.        Principal and Distributor  shall exchange  information on competitors'
          products and market trends.

ARTICLE 7. PAYMENT

1.        Payment in cash due shall be based on within 45 days after  generating
          invoice  (This shall be defined as "Payment  Due Date").  Day counting
          shall follow the rule of Civil Law of Republic of Korea.

2.        Without mutual agreement,  both parties can offset payment by clearing
          invoices that contain payment responsibility of either party.

3.        If Distributor  needs to clear its invoice with other payment  methods
          except cash, both parties shall determine with mutual agreement.

4.        If  Distributor  fails  to  clear  payment  until  Payment  Due  Date,
          Distributor  shall pay yearly  interest of 18% of such payment between
          Payment  Due Date and actual  payment  clearing  date  (This  shall be
          defined as "Delayed Payment Days").

ARTICLE 8. DELIVERY AND DELAY PENALTY

1.        Product delivery time shall follow Principal's  delivery rules, and it
          shall not exceed more than four weeks after receipt of order sheet.

2.        If  Principal  fails to  deliver  the  products  within  the time rule
          specified in Article 8-1,  Principal  shall be responsible for payment
          of  1/1000 of  product's  price as  penalty  of delay  everyday  after
          delivery due date.

3.        Principal  shall not be  responsible  for delay penalty with following
          reasons;

          A.   Force Majeure such as natural disaster;

          B.   If supply is delayed or suspended by Distributor;

          C.   Delivery  date  is  delayed  by  mutual  agreement  between  both
               parties.

          D.   Delay  is  caused  by  structural  reasons  such as  government's
               regulation.

                                       2
<PAGE>

ARTICLE 9. PRICE AND SPECIFICATION

1.        Mutually agreed price and  specification is defined in Exhibition 1 at
          the date of exchanging this Agreement.  Unexpected change in price and
          specification  shall happen due to market trends with mutual agreement
          between both parties.

2.        The price cut rate  that  shall be  applied  when  Principal  delivers
          products to Distributor shall be 60% of consumer price. Additional cut
          rate that is caused by Principal's  sales  activities shall be decided
          by  Principal.  Cut rate that shall be applied to  Distributor  can be
          changed  due to  Market  trend  with  mutual  agreement  between  both
          parties.

ARTICLE 10. DESTINATION PLACE OF DELIVERY

1.        Destination  place of delivery  shall  follow the  written  address of
          Distributor in this Agreement.

2.        Delivery   expense  shall  be  responsible   by  both  parties.   When
          Distributor  demands  installation  service from  Principal,  expenses
          related to installation  service shall be responsible and paid by cash
          by Distributor. Other expense shall be cleared by the mutual agreement
          of both parties.

ARTICLE 11. DELIVERY AND NOTICE OF FAULTY PRODUCT

1.        Distributor shall notice result of quality test to Principal within 10
          days  after  containing  product,  and such test  shall be  considered
          completed if  Distributor  does not notice  testing  result  within 10
          days.

2.        If Distributor  finds faulty parts in products  within testing period,
          Distributor shall report such report to Principal.  Principal shall be
          responsible for fixing or replacing such parts with immediate manner.

ARTICLE 12. OWNERSHIP TRANSFERRING

Ownership  transferring right of product shall belong to Distributor right after
Principal   deliver  product  to  Distributor  with  gaining  Product  Receiving
Confirmation.

ARTICLE 13. ORDER CANCELLATION

The cancellation of order according to official order form shall not be granted.
However, order cancellation shall be considered by both parties before Principal
sends its product to Distributor.

ARTICLE 14. EDUCATION AND SALE'S SUPPORT

1.        Distributor  shall be fully  responsible for  Resellership  management
          including product education for its customers or resellers.  Principal
          shall be  responsible  for  education of  installation  and  technical
          support for Distributor.

                                       3
<PAGE>

2.        Principal  shall  provide  printed  presentation  materials  including
          product  introduction  and logo,  and  Distributor  shall not  utilize
          Principal's  presentation  materials  for purpose of other  activities
          except business that is defined in this Agreement.

ARTICLE 15. SALES PROMOTION

Distributor shall, at its own expenses, use its best efforts to promote the sale
of the Products and Principal  shall support those  efforts.  Distributor  shall
execute  independent  sales promotion by utilizing  Principal's logo or product,
but it shall not harm Principal's public image or invade its rights.

ARTICLE 16. SALES PROMOTION ADVISORY

Distributor shall, at its own expenses, use its best efforts to promote the sale
of the Products. Distributor shall ask presentation materials to Principal.

ARTICLE 17. WARRANTY AND MAINTENANCE

1.        Principal  shall be responsible  for repairing or exchanging of faulty
          part of product due to Principal's own fault.

2.        Principal shall  guarantee  warranty for one year with free of charge.
          This  warrantee  term shall  begin right  after  Distributor  complete
          product delivery confirmation from customer.

3.        Principal  shall  ask  expense  for  maintenance  if such  maintenance
          request is not covered by warranty policy.

4.        Upgrading  of product  shall not be covered by  warranty  with free of
          charge.  Required  expense of upgrading  process shall be discussed by
          both parties with mutual agreement.

ARTICLE 18. CUSTOMER MANAGEMENT

1.        Distributor  shall take full  responsibility  for customer  management
          after gaining its customer by own sales activities.

2.        Distributor  shall  provide  kindly  service for  product  maintenance
          request from customers and shall notice to  maintenance  request order
          to  Principal  if  maintenance  request is dealing with faulty part of
          product that contain effective warranty policy.

ARTICLE 19. TERMINATION RIGHT WITH IMMEDIATE EFFECTIVENESS

1.        In each  case of the  following  events,  either  party  ("Terminating
          Party") may terminate this Agreement, with immediate effect, by giving
          the written  notice of  termination  to the other  party  ("Defaulting
          Party"):

                                       4
<PAGE>

          A.   if the Defaulting  Party becomes  bankrupt or insolvent,  or have
               its  business  placed  in the  hand of a  receiver,  assignee  or
               trustee, whether by voluntary act or otherwise;

          B.   if both parties agree on termination of this Agreement;

          C.   if the  Defaulting  Party  assigns  this  Agreement or any rights
               hereunder  to a third party  without the  non-defaulting  party's
               prior written consent;

          D.   if the Defaulting  Party ceases to function as a going concern or
               to conduct its operations in the normal course of business;

          E.   if the  Distributor  should be  acquired  by,  or  should  itself
               acquire, in whole or in part, a manufacturer of products which in
               the  reasonable  judgment  of  Principal  competes  to a material
               extent with the Products;

          F.   if the Defaulting  Party causes  damages on  Terminating  Party's
               company image or Terminating Party's customer relationship

ARTICLE 20. PRINCIPAL'S ARBITRARY TERMINATION RIGHT
In case of termination due to Article  19-1-B,  the Principal or Distributor may
terminate this Agreement by exchanging prior written notice.

ARTICLE 21. MAKING PROTEST

1.        In case a party gets termination  notice of this agreement,  the party
          can make a protest  within  fifteen (15) days after the receipt of the
          notice.

2.        In case each Party does not make any protest  against the claim,  this
          agreement is considered to be terminated.

ARTICLE 22. CLEARANCE AFTER TERMINATION

After  termination  according to Article 19, each party carries out clearance as
follows;

1.        All products and sales  rights  granted by Principal is suspended  and
          Distributor  shall  bear all  responsibilities  originated  after  the
          effective date of termination.

2.        All materials for promotion and sales granted to Distributor are to be
          returned to Principal

ARTICLE 23. ARBITRATION

All disputes,  controversies or differences which may arise between the parties,
out of, or in relation  to, or in  connection  with this  Agreement,  or for the
breach  thereof,  shall be finally  settled by  arbitration  in Seoul,  Korea in
accordance  with  the  Commercial  Arbitration  Rules of the  Korean  Commercial
Arbitration Board and under the laws of Korea.

                                       5
<PAGE>

ARTICLE 24. DAMAGE REPARATION

Each party is claimable  damage  reparation  of  nonfulfilment  or delay of this
agreement caused by partner's fault.

1.        Each party shall not bear the responsibility of damage reparation when
          it caused by force majeure,  such as natural  disaster,  war, or other
          acute situation.

2.        In case a party delays activity  described on this agreement for force
          majeure,  the party  must  notice  the  reason,  delay time to another
          party.

ARTICLE 25. OBLIGATION OF THE DISTRIBUTOR

The Distributor  will, in all  correspondence  and dealing relating  directly or
indirectly to the sale or other  disposition of the Products,  clearly  indicate
that it is acting as a principal and not as an agent and/or legal representative
of the  Principal.  Distributor  undertakes  any legal  problem  caused  between
Distributor and customer.

ARTICLE 26. PROHIBITION OF TRANSFER

Any rights and  obligations  on this  agreement are  unassignable  until getting
written consent from each Party.

ARTICLE 27. NON-DISCLOSURE

1.        The  Distributor  shall not disclose to any third  party,  without the
          prior written consent of the Principal.

2.        The  Distributor  shall  not  use  for  any  purpose  other  than  the
          performance of its obligations under this Agreement,  any confidential
          information  concerning  the  Products  or  business  affairs  of  the
          Principal (including but not limited to, prices, discounts,  terms and
          conditions of sale, customers,  business affairs,  Products or Product
          specification)  which it  acquires  or  develops  in the course of its
          transaction with the Principal.

ARTICLE 28. TERM & ADDITIONAL ITEMS

1.        This Agreement shall become effective upon signing.

2.        In case  additional or specific  items which are not described in this
          agreement,  they  can  be  added  after  exchanging  written  consents
          mutually.

ARTICLE 29. ORAL ENGAGEMENTS

All of conventions and oral engagements before this agreement are abolished.

ARTICLE 30. SAFEKEEPING THE COPIES OF AGREEMENT

IN WITNESS  WHEREOF,  the Parties hereto have executed this agreement in two (2)
original copies by their duly authorized  representatives  on the day and at the
place written here below, each party receiving one original copy hereof.

                                       6
<PAGE>

ARTICLE 31. ENTIRE AGREEMENT & AMENDMENTS

1.        This Agreement  constitutes the entire  understanding of Principal and
          the Distributor with respect to the subject matter hereof.

2.        No  amendment,  modification  or  alteration  of  any  terms  of  this
          Agreement  shall be binding on either  party  unless the same shall be
          made in writing,  dated  subsequent to the date hereof and executed by
          or on behalf of the parties hereto.

                                       7
<PAGE>

                    APPENDIX 1. PRICE LIST AND SPECIFICATIONS

<TABLE>
<CAPTION>
1) Price and Specifications of PacketCruz iCache                                  (Unit: KRW)
-------------------- -------------------------- --------------------------- ----------------------
Model                400                        800                         1500(future)
-------------------- -------------------------- --------------------------- ----------------------
<S>                  <C>                        <C>                         <C>
Specifications       Intel Pentium III-800      Intel Pentium III-800       Intel Pentium III-866
                     256MB                      512MB                       1GB
                     IDE ATA-66 60GB            IDE ATA-66 120GB            IDE SCSI 144GB
                     10/100Mbps 1ports          10/100Mbps 1ports           10/100Mbps 1ports
-------------------- -------------------------- --------------------------- ----------------------
List Price
-------------------- -------------------------- --------------------------- ----------------------
Reseller Price
-------------------- -------------------------- --------------------------- ----------------------

-------------------- -------------------------- --------------------------- ----------------------
Model                2000 Standard              2000 Plus                   Giga-bit Interface
-------------------- -------------------------- --------------------------- ----------------------
Specifications       Intel Pentium III-1GHz     Intel Pentium III-1GHz      1000Base-SX 1 Port
                     / Xeon 700                 / Xeon 700
                     1GB                        2GB
                     Ultra3 SCSI 144GB          Ultra3 SCSI 290GB
                     (Hot Swap)                 (Hot Swap)
                     1000Mbps 1ports            1000Mbps 1ports
                     Dual Power                 Dual Power
-------------------- -------------------------- --------------------------- ----------------------
List Price
-------------------- -------------------------- --------------------------- ----------------------
Reseller Price
-------------------- -------------------------- --------------------------- ----------------------
</TABLE>

* Upgrade of the products can be performed under the mutual written consent.

                                       8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}]]