Document:

AMENDED AND RESTATED EMPLOYMENT AGREEMENT

This Amended and Restated Agreement (this "Amended Agreement") is

made as of this 22nd day of March 2000, by and between eConnect,

a Nevada corporation (the "Company"), Stanley C. Morris (the

"Executive"), and Corrigan & Morris, the Executive's law firm.

                              Recitals

A.  Stanley C. Morris is a partner of Corrigan & Morris, which

was retained by the Company to act as its counsel in connection

with an investigation conducted by the Securities and Exchange

Commission.

B.  Effective March 21, 2000, Executive and the Company entered

into an Employment Agreement (the "original Agreement"), which

Original Agreement was approved on that day by the Company's

Board of Directors and executed by Tom Hughes, on behalf of the

Company, and Executive.

C.  Upon executing the Original Agreement, Corrigan & Morris was

terminated as counsel for the Company.

D.  Corrigan & Morris has informed the Company, who has had an

opportunity to consult with outside counsel, that it and Stanley

C. Morris have a direct conflict of interest with respect to this

Amended Agreement and do not represent the Company's interests in

this regard.  The Company has had other counsel review and

provide it advice on this Amended Agreement and consents, after

full disclosure to enter into this Amended Agreement.

E.  The Company desires to change the Executive's position in

the Company, effective immediately, from interim Chief Executive

Officer, under the terms and conditions set forth in the Original

Agreement, to outside counsel, in his capacity as a partner of

Corrigan & Morris, for the first three months of this Amended

Agreement, and then General Counsel and Executive Vice President

of the Company starting June 22, 2000, pursuant to the terms and

conditions of this Amended Agreement; and

F.  Executive is willing to accept such change in his position,

provided his compensation under the Original Agreement is not

materially altered and otherwise on the terms and conditions set

forth in this Amended Agreement.

                             Covenants

1.  Position and Term of Employment.  Effective at noon Pacific

Standard Time on March 22, 2000, Executive shall resign as the

Chief Executive Officer of eConnect.  Instead, commencing at the

same moment, the Company shall employ Corrigan & Morris for a

period of three months as its outside co-counsel with Morgan,

Lewis & Bockius for purposes of the ongoing investigation by the

Securities and Exchange Commission.  Neither Executive nor

Corrigan & Morris shall be an officer of the Company during this

period.  At the end of such three month period, starting June 22,

2000, the Company shall employ Executive individually as its

General Counsel and Executive Vice President.  The term of the

Executive's employment as General Counsel and Executive Vice

President shall be three years, commencing on June 22, 2000 and

ending three years later, June 22, 2003, unless terminated sooner

pursuant to Section 3 of this Amended Agreement.  During the term

hereof, Corrigan & Morris, for the first three months, and

Executive, for the remainder of the term of this Amended

Agreement, shall devote a substantial portion of Executive's

time, skill and attention and Executive's best efforts in

carrying out its or his duties and promoting the best interests

of the Company.

2.  Executive Compensation.

2.1  Base Salary.  The Company, Executive and Corrigan & Morris

agree that the Base Salary of $20,000 per month, which has been

paid to Executive in advance for the first six months pursuant to

the terms of the Original Agreement, shall continue to be the

Base Salary to be paid to Executive under this Amended Agreement

for the entire term of this Amended Agreement.  However, for the

three-month period of this Amended Agreement during which

Corrigan & Morris shall be employed hereunder, such Base Salary

shall be earned by Corrigan & Morris instead of Executive

individually, and thereafter by Executive individually.

2.2  Earned on Receipt Signing Bonus.  The Company, Executive and

Corrigan & Morris confirm and agree that the signing bonus set

forth in sections 2.2, 2.2.1, 2.2.2 and 2.2.3 of the Original

Agreement (the "Signing Bonus") was earned by Executive at the

moment of the execution of the Original Agreement; to the extent

not yet paid remains due and payable to Executive; and that

nothing herein should be construed to alter or amend Executive's

right to receive such Signing Bonus in full.  To the extent any

portion of such Signing Bonus is construed by a Court of

competent jurisdiction not to have been earned on signing the

Original Agreement or otherwise prior to this Amended Agreement,

then as to such portion of the Signing Bonus, the Company and

Executive hereby agree that the Company shall pay Executive all

of such Signing Bonus and transfer all of such securities in

consideration for the compromise reflected in this Amended

Agreement.

2.2.1  In respect of section 2.2.1 of the Original Agreement,

the $100,000 paid to Executive shall be retained by Executive.

2.2.2  In respect of section 2.2.2 of the Original Agreement,

the Company immediately shall cause 400,000 shares of freely

tradable eConnect common stock to be transferred to Executive's

brokerage account, pursuant to Executive's instructions.  At the

end of each of the first six months of this Amended Agreement,

the Company shall cause an additional 100,000 shares of freely

tradable eConnect common stock to be transferred to Executive's

brokerage account, pursuant to Executive's instructions.

2.2.3  In respect of section 2.2.3 of the Original Agreement,

the Company immediately shall cause 400,000 of the Company's

warrants, exercisable at $1.00 per share, to be vested in full,

registered, eligible for cashless exercise, and exercisable for a

period of twelve months ending March 21, 2001, to be transferred

to Executive's brokerage account, pursuant to Executive's

instructions.  At the end of each of the first six months of this

Amended Agreement, the Company shall cause an additional 100,000

share of the Company's warrants on the same terms to be

transferred to Executive's brokerage account, pursuant to

Executive's instructions.

2.2.4  Although the Original Agreement calls for transfers of

100,000 shares and 100,000 warrants each month for the term of

that Original Agreement, the Company and Executive understand and

agree that such compensation shall be paid only for the first six

months of the term of this Amended Agreement, despite the fact

that the term of this Amended Agreement is thirty nine months,

rather than six months, as provided in the Original Agreement.

2.3  Executive also shall be eligible for such other upper level

management compensation programs as may be in existence at the

Company at the time of his employment and from time to time

thereafter and that the term of his employment for all purposes

shall be calculated as commencing March 21, 2000.

2.4  If Executive resigns voluntarily (exclusive of a voluntary

resignation under section 3.4 of this Amended Agreement), or

ceases to be employed by the Company for any reason described in

Section 3.1 or 3.3 of this Amended Agreement, Executive shall

return the pro-rata portion of his Base Salary that is unearned

as of the date of such termination.  All other compensation

provided in this Amended Agreement and in the Original Agreement

shall be treated as having been earned upon the execution of the

Original Agreement or this Amended Agreement, whichever is

earliest as the case may be, and in any event shall not be

returned by Executive under any circumstances contemplated by

this Amended Agreement.

2.5  Expenses.  During the term hereof, the Company shall pay or

reimburse Executive and Corrigan & Morris for a monthly auto

allowance of $1,000, payment of Executive's life insurance

premium on $2 million term life insurance, and cellular phone

expenses..  Executive shall also be eligible for reimbursement in

accordance with the Company's normal practices, including but not

limited to any travel, hotel and other expenses or disbursements

reasonably incurred or paid by Executive in connection with the

services performed by Executive hereunder.

2.6  Other Benefits.  Executive shall be entitled to participate

in life, medical, dental, hospitalization, disability and life

insurance benefit plans made available by the Company to its

salaried employees and shall also be eligible to participate in

existing retirement or pension plans offered by the Company to

its salaried employees.

2.7  Directors and Officers Insurance.  Prior to the commencement

of Executive's role as General Counsel and Executive Vice

President on June 22, 2000, the Company shall provide Executive

Directors and Officers Insurance by an insurance company

acceptable to Executive ensuring Executive against liability up

to $20 million per occurrence, effective throughout the term of

this Amended Agreement.  If no such insurance is obtained in

advance, then in addition to is obligation to obtain such

insurance forthwith, the Company immediately and before June 22,

2000 shall pay a retainer in the amount of $250,000 to a law firm

of Executive's choice, for the sole benefit of Executive, for the

purpose of providing costs of defense, liability and/or

settlement of any action that may be brought against Executive in

connection with or arising out of the Original Agreement, this

Amended Agreement and/or his employment with the Company, and to

pay such other claims as Executive may have against the Company

under the terms of this Amended Agreement.  Such retainer, once

paid, shall be refundable to the Company only upon the written

consent and approval of Executive.

2.8  Indemnification.  The Company shall indemnify Executive,

Corrigan & Morris and Brian t. Corrigan, to the maximum extent

permitted by applicable law, against all liabilities, costs,

charges and expenses (including reasonable attorneys' fees and

disbursements) incurred or sustained by it or them in connection

with any action, suit or proceeding to which it, he or they may

be made a party as a result of their services hereunder or under

the Original Agreement on behalf of the Company pursuant to this

Amended Agreement or the Original Agreement, provided that such

liabilities, costs, charges and expenses do not result from the

willful misconduct or gross negligence of such indemnified

parties.

2.9  Fees and Expenses.  The Company shall pay all legal fees and

related expenses (including the costs of experts, evidence and

counsel) incurred by the Executive as they become due as a result

of (a) the Executive's termination of employment (including all

such fees and expenses, if any, incurred in contesting or

disputing any such termination of employment), and (b) the

Executive seeking to obtain or enforce any right or benefit

provided by this Amended Agreement, including, but not limited

to, any such fees and expenses incurred in connection with any

dispute regarding the Signing Bonus, whether as a result of any

applicable government proceeding, audit or otherwise.

3.  Termination.

3.1  This Amended Agreement shall terminate upon Executive's

death.

3.2  The Company may terminate Executive's and/or Corrigan &

Morris' employment hereunder upon fifteen (15) days' written

notice if in the opinion of the Board of Directors, Executive's

physical or mental disability has continued or is expected to

continue for one hundred and eighty (180) consecutive days and as

a result thereof, Executive will be unable to continue the proper

performance of his duties hereunder.

3.3  The Company may terminate Executive's employment hereunder

"for cause" (as hereinafter defined).  If Executive's employment

is terminated for cause, Executive's salary and all other rights

not then vested under this Amended Agreement shall terminate upon

written notice of termination being given by Executive.  As used

herein, the term "for cause" shall exclusively mean the

occurrence of any of the following:

3.3.1  Executive's disregard of a direct, material order of

the Executive Committee or the Board of Directors of the Company,

the substance of which order is (a) a proper duty of Executive

pursuant to this Amended Agreement; (b) permitted by law and (c)

otherwise permitted by this Amended Agreement, which disregard

continues after fifteen (15) days' opportunity and failure to

cure; or

3.3.2  Executive's conviction of a felony or any crime

involving moral turpitude.

3.4  Executive and Corrigan & Morris may terminate this Amended

Agreement at any time if Executive believes, in good faith, that

the Company has violated the securities law or regulations and,

after 15 days written notice of such violations, fails to take

all appropriate measures to cure such violations.  In the event

the Company and Executive disagree as to what "appropriate

measures" are necessary to cure such violations, Tom Taylor of

Morgan, Lewis & Bockius, or such other lawyer assigned by that

firm in its sole and absolute discretion, shall be the sole

arbitrator of such dispute.  The Company hereby waives any and

all conflicts of interest related to such decision.  In addition,

Executive and Corrigan & Morris may terminate this Amended

Agreement at any time if Executive believes, in good faith, that

the Company intends to violate the securities law or regulations

by making a public disclosure containing material errors and

omissions.  In the event the Company and Executive disagree as to

whether such public disclosure violates the securities law or

regulations, then Tom Taylor of Morgan, Lewis & Bockius, or such

other lawyer assigned by that firm in its sole and absolute

discretion, shall be the sole arbitrator of such dispute.  The

Company hereby waives any and all conflicts of interest related

to such decision.  In the event Executive or Corrigan & Morris

terminates this Amended Agreement under this provision, such

termination shall be treated as a termination by the Company

pursuant to section 3.2 above, and Executive and Corrigan &

Morris shall be entitled to all compensation provided under

section 2, section 2.1 through 2.9, inclusive, of this Amended

Agreement.

4.  Successors and Assigns.  This Amended Agreement is intended

to bind and inure to the benefit of and be enforceable by

Executive, Corrigan & Morris and the Company and their respective

legal representatives, successors and assigns.  Neither this

Amended Agreement nor any of the duties or obligations hereunder

shall be assignable by Executive or Corrigan & Morris.

5.  Governing Law; Jurisdiction.  This Amended Agreement shall

be interpreted and construed in accordance with the laws of the

State of California.  Each of the Company and Executive consents

to the jurisdiction of any state or federal court sitting in

California, in any action or proceeding arising out of or

relating to this Amended Agreement.

6.  Headings.  The paragraph headings used in this Amended

Agreement are for convenience of reference only and shall not

constitute a part of this Amended Agreement for any purpose or in

any way affect the interpretation of this Amended Agreement.

7.  Severability.  If any provision, paragraph or subparagraph

of this Amended Agreement is adjudged by any court to be void or

unenforceable in whole or in part, this adjudication shall not

affect the validity of the remainder of this Amended Agreement.

8.  Complete Agreement.  This document and the Original

Agreement embody the complete agreement and understanding among

the parties, written or oral, which may have related to the

subject matter hereof in any way and shall not be amended orally,

but only by the mutual agreement of the parties hereto in

writing, specifically referencing this Amended Agreement.

9.  Survivorship.  This Amended Agreement, including all

provisions in Section 2, 2.1 through 2.9, inclusive, shall

survive the termination of this Amended Agreement under Section 3

or otherwise.

10.  Counterparts.  This Amended Agreement may be executed in one

or more separate counterparts, all of which taken together shall

constitute one and the same Agreement.  This Amended Agreement

shall be valid and enforceable once signed by a duly authorized

representative of each of the Parties, whether such signature is

transmitted by facsimile, represented by a photocopy or in

original form.

eConnect

By: /s/  Thomas S. Hughes

Thomas S. Hughes

Title:  Chairman & CEO

Executive

By: /s/  Stanley C. Morris

Stanley C. Morris

Title: Interim Chief Executive OfficerCHINA-SINGAPORE-HONG KONG-MACAO

                      JOINT VENTURE AGREEMENT

AGREEMENT made and entered into this 27th day of March 2000 by

and between eConnect, and Raymond Kessler and Li-Wang Kessler

(hereinafter "Kesslers").  The parties hereto have agreed and by

these statements do hereby agree to associate themselves as Joint

Venturers on the following terms and conditions.

                       PURPOSE OF JOINT VENTURE

Create a joint venture between eConnect and Kesslers.  Kesslers

will deliver a delegation from China to a meeting in the United

States with eConnect to discuss launching eConnect services in

China.  Subsequent meetings with China Delegation contact(s) and

their associates will explore forging business relationships in

Singapore, Hong Kong, Macao and other countries.

                          TERMS OF AGREEMENT

1.  Responsibilities:  Kesslers will deliver the China

Delegation to a meeting in the United States.  Kesslers (Li-Wang)

a trusted resource to the head of the China Delegation will

provide translation services (Mandarin) to the delegation and

facilitate relationship - building between the China Delegation

and eConnect to facilitate successful negotiations and execution

of agreements.  Kesslers will work to enhance communication with

the China Delegation and create all necessary documents and

correspondence in English.

2.  Compensation Paid by eConnect to Kesslers:

(a)  300,000 shares of free-trading eConnect stock.  A flat fee
in

stock for delivering the China Delegation to an eConnect meeting

hosted in the United States and not contingent upon any outcomes

of the meeting.  Said compensation to be due Kesslers upon

commencement of the China Delegation meeting.

(b)  1% of daily transaction fee revenue generated from a China

portal, and 1% of daily transaction fee revenue generated from

other portals and agreements arising out of the China delegation

and their associates.  Said compensation to be paid to Kesslers

every thirty (30) days.

(c)  300,000 shares of free trading eConnect stock per location

for each Proof of Concept Test generated or if the subject test

is waived then for each eConnect portal established/initiated at

each location excluding China (Proof of Concept Test is set forth

in Exhibit A - attached hereto and incorporated by reference).

3.  Compensation Justification:  The parties hereto recognize

China as one of the most potentially lucrative and difficult

markets to penetrate in the world.  The parties further recognize

that Contacts/Personal Relationship is the only access to

presenting and sustaining business in the cultural context of

China and that influential and reliable contacts are extremely

difficult to establish.  The above compensation is based on:

(a)  The caliber of this China Delegation and their ability to

interact with high level decision makers in China and elsewhere,

and

(b)  The long-term relationship of trust established between

Kesslers and the head of the China Delegation, which will

minimize communication, cultural, and trust impediments of doing

business with this group, and ultimately to penetrating the

markets in which they have influence.

4.  Additional Compensation:  In addition to the compensation as

set forth above, as additional consideration to Kesslers for

entering into this Agreement, eConnect will upon execution of

this Agreement deliver to Kesslers 35,000 shares of free-trading

eConnect stock that was owed to Kesslers by eConnect from a

previous business transaction (issuance of shares to Raymond

Kessler).

5.  Taxes:  Each party is only solely responsible for the

payment of their own taxes (State and Federal) that arises from

this Agreement.

6.  Term of Joint Venture:  The term of this Joint Venture shall

commence on execution of this Agreement and continues until the

Kesslers elect to end their active participation and only be

entitled to receive their compensation for ongoing fees and

revenues and expanded fees and revenues.

7.  Capital Contribution and Losses:  Kesslers will not be

required to contribute any capital to this Joint Venture

Agreement at any time.  All losses will be borne only by eConnect

and not by the Kesslers and eConnect will be solely responsible

for any and all losses associated with and resulting from this

Joint Venture Agreement.

8.  Indemnification:  eConnect shall reimburse and indemnify and

defend and hold harmless Kesslers from any and all expense,

liabilities, attorney fees, damages, claims, lawsuits, SEC

investigations and lawsuits and any and all types of private or

governmental claims, investigations and lawsuits resulting from

or arising out of the subject joint venture or any non-joint-

venture business of eConnect (other business).  EConnect further

agrees to name the Kesslers as an additional insured on all

insurance policies pertaining to eConnect concerning this Joint

Venture Agreement.

9.  Notices:  Any notice required by this Agreement must be in

writing and sent certified mail to the parties.

10.  Accounting:  Kesslers will have the right at all times to

inspect any and all accounting records maintained by eConnect

pertaining to this Joint Venture.

11.  Scope of Joint Venture:  This Joint Venture Agreement

between eConnect and Kesslers only pertains to this "China-

Singapore-Hong Kong Joint Venture" and does not create any type

of agency or partnership or joint venture or any other type of

business relationship (except shareholder status of Kesslers)

pertaining to/concerning eConnect's "other" operations i.e.

eConnect operations excluding China, Singapore, and Hong Kong and

Macao.

12.  Definitions:

(a)  China Delegation - means one or more persons.  Meeting of

China Delegates means and includes audio-conferencing and any

other forms of meetings that are "not in person" meetings.

(b)  Compensation - this term pertains to all agreements to

establish eConnect portal access to each location irrespective of

where the portal is geographically located (the China portal

hardware and control will likely be housed outside of China and

probably in Hong Kong).  Compensation also includes all

countries, provinces, etc. that globally develop from this

Agreement and the contacts arising from this Joint Venture

Agreement and pertains to all agreements arising out of both

current and future negotiations involving the China Delegation

and or their agents and partners.

13.  Severability:  If any term, provision, covenant, or

condition of this Agreement is held by a court of competent

jurisdiction to be invalid, void, or unenforceable, the rest of

the Agreement shall remain in full force and effect and shall in

no way be affected, impaired, or invalidated.  The parties may

execute this Agreement in two or more counterparts, which shall,

in the aggregate, be signed by  all parties; each counter-part

shall be deemed an original instrument as against any party who

has signed it.

14.  Governing Law:  This Agreement is executed and intended to

be performed in the State of California, and the laws of that

state shall govern its interpretation and effect.

15.  Successors:  This Agreement shall be binding on and inure to

the benefit of the respective successors, assigns, and personal

representatives of the parties, except to the extent of any

contrary provision in this Agreement.

16.  Sole and Only Agreement:  This instrument contains the sole

and only agreement between the parties hereto relating to their

joint venture and correctly sets forth the rights, duties, and

obligations of each to the other in connection therewith as of

its date.  Any prior agreements, promises, negotiations, or

representations not expressly set forth in this Agreement are of

no force or effect.

17.  Amendment and Modification:  This Agreement may be amended

or modified in any way by an instrument in writing signed by the

parties hereto and attached to this Agreement.  Interlineation of

this Agreement is permitted if signed by each party.

EXECUTED at Los Angeles County, California on the day and year

first above written.

eConnect

By: /s/  Thomas S. Hughes

Thomas S. Hughes, President

/s/  Raymond Kessler

Raymond Kessler

/s/  Li-Wang Kessler

Li-Wang Kessler

                       PROOF OF CONCEPT TEST

Proof of Concept is defined as the usage of four (4) eConnect

PayMasters calling from a home, office, hotel room and public

location to our eConnect bank host processing center located in

the eConnect partners' country.

The test will be of three types:

A bill payment by ATM card with PIN or by a value added card

which represents cash and which we are calling the EzyCard.  This

is known as the EzyPay service.

A self-service cash pay per play wager to the eConnect 777WINS

Internet Casino and to eConnect eSportsbet.com.  The payment will

again be by ATM card with PIN or by EzyCard.  This is known as

the EzyBet service.

A purchase from a catalog using a credit card or ATM card or

EzyCard.  This is known as the EzyShop service.

What eConnect will do at eConnect's cost:

We will install a basic eConnect Host Processor that is linked

with the Partner's choice of banks.

We will provide the software and Paymaster equipment and will pay

for the phone links between the eConnect host processing center

and the bank, which will be authorizing the ATM card or credit

card or EzyCard.

What the eConnect Partner will do:

Establish the relationship with the bank in order to run the

Proof of Concept Test.

Establish a bill payment participant who will be paid by an

EzyPay transaction.

Establish a catalog participant who will be paid by an EzyShop

transaction.

Upon Successful Conclusion of the eConnect Proof of Concept Test:

eConnect and the China Partner will enter into a 50/50 Joint

Venture to develop the P.E.R.F.E.C.T. (Personal Encrypted Remote

Financial Electronic Card Transactions) industry in the Partner

Country.

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