Document:

STOCK OPTION AGREEMENT

         AGREEMENT,  made  as of  December  1,  1998,  by and  between  PRE-CELL
SOLUTIONS,  INC.,  a  Colorado  corporation  (the  "Company"),  and  Timothy  F.
McWilliams (The "Employee").

         WHEREAS, on December 1, 1998 (the "Grant Date"), the board of directors
authorized the employment of the employee pursuant to the terms of an employment
agreement  dated as of  December  1, 1998,  and the grant to the  employee of an
option (The  "Option")  to  purchase an  aggregate  of  3,000,000  shares of the
authorized  but unissued  common stock of the company,  $.01 par value  ("Common
Stock"),  conditioned upon the employee's  acceptance thereof upon the terms and
conditions set forth in this agreement; and

         WHEREAS,  the  employee  desires to acquire the option on the terms and
conditions set forth in this Agreement;

         IT IS AGREED:

         1. Grant of Stock Option. The Company hereby grants to the Employee the
right and option  ("Option")  to  purchase  all or any part of an  aggregate  of
3,000,000  shares of Common Stock ("Option  Shares") on the terms and conditions
set forth herein. The Option represented hereby is a non-qualified  stock option
not intended to qualify under any section of the Internal  Revenue Code of 1986,
as amended, and is not granted under any plan.

Certain terms used herein, however, are defined under the Plan.

         2. Exercise Price. The exercise price ("Exercise  Price") of the Option
shall be $0.04 per share.

         3. Exercisability. This Option is exercisable, subject to the terms and
conditions of this  Agreement,  one year after the Grant Date.  After the Option
vests,  it shall remain  exercisable for a period of five years from the date of
vesting,  except  as  otherwise  set  forth  in this  Agreement  (the  "Exercise
Period").

         4. Effect of Termination of Employment.

<PAGE>

                  4.1 Termination  Due to Death If Employee's  employment by the
Company  terminates by reason of death, the Option shall become fully vested and
exercisable and may thereafter be exercised by the legal  representative  of the
estate or by the legatee of the Employee  under the will of the Employee,  for a
period of six months from the date of such death or until the  expiration of the
Exercise Period, whichever period is shorter.

                  4.2 Termination Due to Disability. If Employee's employment by
the Company  terminates by reason of  Disability  (as such term is defined under
the  Plan),  the Option  shall  become  fully  vested  and  exercisable  and may
thereafter be exercised by the Employee for a period of six months from the date
of such  termination or until the expiration of the Exercise  Period,  whichever
period is shorter.

                  4.3  Termination  by the Company  Without  Cause and/or Due to
Retirement.  If Employee's employment is terminated by the Company without cause
or due to Normal  Retirement (as such term is defined under the Plan),  then (i)
the  portion  of the  Option  which  has  vested by the date of  termination  of
employment may be exercised by the Employee until the expiration of the Exercise
Period and (ii) the  portion of the Option that will vest within one year of the
date of termination of employment shall become fully vested and may be exercised
by the Employee until the expiration of the Exercise Period.  The portion of the
Option not exercisable  within one year of the date of termination of employment
shall immediately expire.

                  4.4 Other Termination.

                           (1) If Employee's  employment  is terminated  for any

reason other than (i) death, (ii) Disability,  (iii) Normal Retirement,  or (iv)
without cause by the Company, the Option shall expire on the date of termination
of employment.

                           (2)  The  Board  of  Directors,   in  the  event  the

Employee's  employment  is  terminated  for cause,  may require the  Employee to
return to the  Company  the  economic  benefit  of any Option  Shares  purchased
hereunder  by the  Employee  within  the six month  period  prior to the date of
termination. In such event, the Employee hereby agrees to remit to

<PAGE>

the Company,  in cash, an amount equal to the difference between the Fair Market
Value (as such term is defined  under the Plan) of the Option Shares on the date
of termination (or the sales price of such Shares if the Option Shares were sold
during such six month period) and the Exercise Price of such Shares.

         5. Withholding Tax. Not later than the date as of which an amount first
must be  included in the gross  income of the  Employee  for Federal  income tax
purposes with respect to the Option,  the Employee shall pay to the Company,  or
make  arrangements  satisfactory to the Committee  regarding the payment of, any
Federal,  state and local  taxes of any kind  required  by law to be withheld or
paid with respect to such amount  ("Withholding  Tax").  The  obligations of the
Company under the Plan and pursuant to this Agreement shall be conditioned  upon
such  payment or  arrangements  with the Company and the Company  shall,  to the
extent permitted by law, have the right to deduct any Withholding Taxes from any
payment of any kind otherwise due to the Employee from the Company.

<PAGE>

         6. Adjustments. In the event of any change in the number of outstanding
shares of Common Stock of the Company  occurring as the result of a stock split,
reverse stock split or stock dividend on the Common Stock, after the Grant Date,
the Company  shall  proportionately  adjust the number of Option  Shares and the
Exercise  Price of the Option.  Any right to acquire a  fractional  Option Share
resulting from adjustments will be rounded to the nearest whole Option Share. If
the Company shall be the surviving  corporation  in any merger,  combination  or
consolidation, this Option shall pertain and apply to the Option Shares to which
the Employee is entitled hereunder, without adjustment. In the event of a change
in the par value of the shares of Common Stock which are subject to this Option,
this  Option  will be deemed to pertain to the  shares  resulting  from any such
change. To the extent that the foregoing adjustments relate to Common Stock, the
adjustments will be made by the Board of Directors whose  determination  will be
final, binding and conclusive.

         7. Method of Exercise.

<PAGE>

                  7.1 Notice to the  Company.  The Option  may be  exercised  in
whole or in part by  written  notice in the form  attached  hereto as  Exhibit A
directed to the Company at its principal  place of business  accompanied by full
payment as  hereinafter  provided of the exercise price for the number of Option
Shares specified in the notice and of the Withholding Taxes, if any.

                  7.2 Delivery of Option  Shares.  The Company  shall  deliver a
certificate  for the Option Shares to the Employee as soon as practicable  after
payment therefor.

                  7.3 Payment of Purchase Price.

                           7.3.1  Cash  Payment.  The  Employee  shall make cash

payments by wire transfer,  certified or bank check or personal  check,  in each
case payable to the order of the Company;  the Company  shall not be required to
deliver  certificates  for Option  Shares  until the Company has  confirmed  the
receipt of good and available funds in payment of the purchase price thereof.

                           7.3.2 Stock Payment.  The Board of Directors,  in its

sole discretion,  may allow Employee to use Common Stock of the Company owned by
him to  make  any  required  payments  by  delivery  of  stock  certificates  in
negotiable  form which are effective to transfer good and valid title thereto to
the Company, free of any liens or encumbrances.  Shares of Common Stock used for
this  purpose  shall be valued at the Fair  Market  Value.  Notwithstanding  the
foregoing,  the  Company  shall have the right to reject  payment in the form of
Common Stock if in the opinion of counsel for the  Company,  (i) it could result
in an event of "recapture" under Section 16(b) of the Securities Exchange Act of
1934;  (ii) such shares of Common  Stock may not be sold or  transferred  to the
Company; or (iii) such transfer could create legal difficulties for the Company.

         8.   Nonassignability.   The  Option   shall  not  be   assignable   or
transferable,  except by will or by the laws of descent and  distribution in the
event of the death of the Employee. No transfer of the Option by the Employee by
will or by the laws of descent and  distribution  shall be effective to bind the
Company unless the Company shall have been furnished with written notice

<PAGE>

thereof  and a copy of the will  and/or  such other  evidence as the Company may
deem  necessary to establish the validity of the transfer and the  acceptance by
the transferee or transferees of the terms and conditions of the Option.

         9. Accelerated Vesting and Exercisability.  If (i) any person or entity
other than the Company  and/or any officer,  director or  principal  stockholder
(i.e.,  a holder  [beneficially  or of record]  of more than ten  percent of the
Company's  voting stock) of the Company  acquires  securities of the Company (in
one or more  transactions)  having 25% or more of the total  voting power of all
the Company's securities then outstanding and (ii) the Board of Directors of the
Company  does not  authorize or otherwise  approve  such  acquisition,  then the
vesting  periods  of the  Option  shall  be  accelerated  and the  Option  shall
immediately and entirely vest. In such event,  Employee shall have the immediate
right to  purchase  all the Option  Shares,  subject to the  provisions  of this
Agreement.

         10. Company Representations. The Company hereby represents and warrants
to the Employee that:

                  (1) the Company,  by appropriate and all required  action,  is
         duly  authorized to enter into this Agreement and consummate all of the
         transactions contemplated hereunder; and

                  (2) the  Option  Shares,  when  issued  and  delivered  by the
         Company to the  Employee in  accordance  with the terms and  conditions
         hereof,   will  be  duly  and   validly   issued  and  fully  paid  and
         non-assessable.

         11.  Employee  Representations.  The  Employee  hereby  represents  and
warrants to the Company that:

                  (1) he is  acquiring  the Option and shall  acquire the Option
         Shares for his own account and not with a view towards the distribution
         thereof;

<PAGE>

                  (2) he has  received  a copy  of  all  reports  and  documents
         required to be filed by the Company  with the  Securities  and Exchange
         Commission pursuant to the Securities Exchange Act of 1934, as amended,
         within the last 24 months and all reports  issued by the Company to its
         stockholders;

                  (3) he understands  that he must bear the economic risk of the
         investment  in the Option  Shares,  which  cannot be sold by him unless
         they are  registered  under the Securities Act of 1933 (the "1933 Act")
         or an exemption therefrom is available  thereunder and that the Company
         is under no obligation to register the Option Shares for sale under the
         1933 Act;

                  (4) in his  position  with  the  Company,  he has had both the
         opportunity to ask questions and receive  answers from the officers and
         directors  of  the  Company  and  all  persons  acting  on  its  behalf
         concerning  the terms and conditions of the offer made hereunder and to
         obtain any additional  information to the extent the Company  possesses
         or may possess such information or can acquire it without  unreasonable
         effort or expense  necessary to verify the accuracy of the  information
         obtained pursuant to clause (ii) above;

                  (5) he is aware that the  Company  shall  place stop  transfer
         orders  with its  transfer  agent  against  the  transfer of the Option
         Shares  in  the  absence  of  registration  under  the  1933  Act or an
         exemption therefrom as provided herein; and

                  (6) if, at the time of  issuance  of the  Option  Shares,  the
         issuance of such shares  have not been  registered  under the 1933 Act,
         the certificates  evidencing the Option Shares shall bear the following
         legend:

               "The shares  represented by this  certificate  have been acquired
               for investment and have not been registered  under the Securities
               Act of 1933.  The  shares may not be sold or  transferred  in the
               absence of such registration or an exemption therefrom under said
               Act."

<PAGE>

         12. Restriction on Transfer of Option Shares.

                  12.1   Anything   in   this    Agreement   to   the   contrary
notwithstanding,  Employee hereby agrees that he shall not sell, transfer by any
means  or  otherwise  dispose  of the  Option  Shares  acquired  by him  without
registration  under  the  1933  Act,  or in  the  event  that  they  are  not so
registered,  unless (i) an exemption from the 1933 Act registration requirements
is available  thereunder,  and (ii) the Employee has  furnished the Company with
notice  of such  proposed  transfer  and the  Company's  legal  counsel,  in its
reasonable opinion, shall deem such proposed transfer to be so exempt.

                  12.2   Anything   in   this    Agreement   to   the   contrary
notwithstanding,  Employee hereby agrees that he shall not sell, transfer by any
means or otherwise dispose of the Option Shares acquired by him (i) prior to six
months after the Grant Date and (ii) except in accordance with Company's policy,
if any,  regarding the sale and  disposition  of  securities  owned by employees
and/or directors of the Company.

         13. Miscellaneous.

                  13.1 Notices.  All notices,  requests,  deliveries,  payments,
demands and other  communications  which are  required or  permitted to be given
under  this  Agreement  shall  be in  writing  and  shall  be  either  delivered
personally,  transmitted by electronic means or sent by a nationally  recognized
next-day courier to the parties at their respective  addresses set forth herein,
or to such other address as either shall have  specified by notice in writing to
the  other.  Notice  shall be deemed  duly given  hereunder  when  delivered  or
transmitted as provided herein.

                  13.2 Employee and Stockholder  Rights.  The Employee shall not
have any of the rights of a stockholder  with respect to the Option Shares until
such  shares  have been issued  after the due  exercise  of the Option.  Nothing
contained in this Agreement shall be deemed to confer upon Employee any right to
continued  employment with the Company or any subsidiary  thereof,  nor shall it
interfere in any way with the right of the Company to terminate Employee in

<PAGE>

accordance  with  the  provisions   regarding  such  termination  set  forth  in
Employee's written employment  agreement with the Company, or if there exists no
such agreement, to terminate Employee at will.

                  13.3 Waiver. The waiver by any party hereto of a breach of any
provision of this Agreement shall not operate or be construed as a waiver of any
other or subsequent breach.

                  13.4 Entire Agreement.  This Agreement  constitutes the entire
agreement  between the parties with respect to the subject matter  hereof.  This
Agreement may not be amended except by writing  executed by the Employee and the
Company.

                  13.5 Binding Effect; Successors. This Agreement shall inure to
the  benefit of and be binding  upon the  parties  hereto and, to the extent not
prohibited   herein,   their   respective   heirs,   successors,   assigns   and
representatives. Nothing in this Agreement, expressed or implied, is intended to
confer on any person other than the parties hereto and as provided above,  their
respective heirs, successors,  assigns and representatives any rights, remedies,
obligations or liabilities.

                  13.6 Governing  Law. This  Agreement  shall be governed by and
construed in accordance with the laws of the State of Florida (without regard to
choice of law provisions).

                  13.7 Headings.  The headings contained herein are for the sole
purpose of  convenience  of reference,  and shall not in any way limit or affect
the  meaning  or  interpretation  of any of the  terms  or  provisions  of  this
Agreement.

         IN WITNESS WHEREOF, the parties hereto have signed this Agreement as of
the day and year first above:

PRE-CELL SOLUTIONS,                       Address: 255 East Drive, Suite C
INC.                                               Melbourne, Florida 33326

<PAGE>

BY:

EMPLOYEE:                                 ADDRESS: 7035 S. TROPICAL TRAIL
                                                   Merritt Island, Florida 32952

/s/ Timothy F. McWilliams
----------------------------
TIMOTHY F. MCWILLIAMS

<PAGE>

                                                                       EXHIBIT A

                      FORM OF NOTICE OF EXERCISE OF OPTION

--------------------
         DATE

PRE-CELL SOLUTIONS, INC.

255 EAST DRIVE, SUITE C
MELBOURNE, FLORIDA 33326

ATTENTION:  STOCK OPTION COMMITTEE OF THE BOARD OF DIRECTORS

                          RE: Purchase of Option Shares

GENTLEMEN:

         In accordance  with my stock option  agreement  dated as of December 1,
1998 with Pre-Cell Solutions,  Inc. (the "Company"),  I hereby irrevocably elect
to  exercise  the right to purchase  _________  shares of the  Company's  common
stock, par value $.01 per share ("Common Stock").

         As payment for my shares,  enclosed is (check and  complete  applicable
box[es]):

        [ ]       a [personal check]  [certified  check] [bank check] payable to
                  the order of "Global Telecommunication Solutions, Inc." in the
                  sum of $_________;

        [ ]       confirmation of wire transfer in the amount of $_____________;

                  and/or

        [         ]  with  the  consent  of  the  company,   a  certificate  for
                  __________  shares of the  Company's  common  stock,  free and
                  clear of any encumbrances, duly endorsed, having a fair market
                  value of

                  $-----------.

         I hereby represent and warrant to, and agree with, the company that:

                  (i) I have  acquired  the option and shall  acquire the option
         shares for my own account, for investment,  and not with a view towards
         the distribution thereof;

                  (ii) I have  received  a copy  of all  reports  and  documents
         required to be filed by the company with the commission pursuant to the
         exchange  act within the last 24 months and all  reports  issued by the
         Company to its stockholders;

                  (iii) I understand  that I must bear the economic  risk of the
         investment in the option shares, which cannot be sold by me unless they
         are registered  under the securities act of 1933 (the "1933 Act") or an
         exemption  therefrom  is available  thereunder  and that the Company is
         under no  obligation  to register the option  shares for sale under the
         1933 Act;

                  (iv) I agree  that I will not sell,  transfer  by any means or
         otherwise  dispose of the option shares acquired by me hereby except in
         accordance  with  Company's  policy,  if any,  regarding  the  sale and
         disposition of securities  owned by employees  and/or  directors of the
         Company;

<PAGE>

                  (v) in my  position  with  the  Company,  I have  had both the
         opportunity to ask questions and receive  answers from the officers and
         directors  of  the  Company  and  all  persons  acting  on  its  behalf
         concerning  the terms and conditions of the offer made hereunder and to
         obtain any additional  information to the extent the Company  possesses
         or may possess such information or can acquire it without  unreasonable
         effort or expense  necessary to verify the accuracy of the  information
         obtained pursuant to clause (ii) above;

                  (vi) I am aware that the  Company  shall  place stop  transfer
         orders  with its  transfer  agent  against  the  transfer of the option
         shares  in  the  absence  of  registration  under  the  1933  Act of an
         exemption therefrom as provided herein; and

                  (vii) if, at the time of  issuance of the option  shares,  the
         issuance of such shares  have not been  registered  under the 1933 Act,
         the certificates  evidencing the option shares shall bear the following
         legend:

                      "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE
                      BEEN ACQUIRED FOR  INVESTMENT  AND HAVE NOT BEEN
                      REGISTERED UNDER THE SECURITIES ACT OF 1933. THE
                      SHARES  MAY NOT BE SOLD  OR  TRANSFERRED  IN THE
                      ABSENCE  OF SUCH  REGISTRATION  OR AN  EXEMPTION

                      THEREFROM UNDER SAID ACT."

         Kindly forward to me my cerfificate at your earliest convenience.

Very Truly Yours,

------------------------------                ----------------------------------
(SIGNATURE)                                   (ADDRESS)

------------------------------                ----------------------------------
(PRINT NAME)

                                              ----------------------------------
                                              (SOCIAL SECURITY NUMBER)

                                        2ADMINISTRATIVE SERVICES AGREEMENT

                                 BY AND BETWEEN

                            PRE-PAID SOLUTIONS, INC.

                                       AND

                            PRE-CELL SOLUTIONS, INC.

                         DATED AS OF SEPTEMBER 1, 1998.

<PAGE>

                             ADMINISTRATIVE SERVICES

         THIS  ADMINISTRATIVE  SERVICES  AGREEMENT (THE "AGREEMENT") IS MADE AND
ENTERED INTO AS OF SEPTEMBER 1, 1998 BY and between PRE-PAID SOLUTIONS,  INC., a
Florida  corporation  ("Pre-Paid")  and  PRE-CELL  SOLUTIONS,  INC.,  a  Florida
corporation ("Pre-Cell").

                                   WITNESSETH:

         WHEREAS,  PRE-PAID HAS THE administrative personnel available to assist
Pre-Cell in the conduct of its businesses; and

         WHEREAS,  Pre-Cell  desires to utilize the services and  experience  of
Pre-Paid in connection with the conduct of their operations; and

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

                                    ARTICLE I

                 APPOINTMENT OF ADMINISTRATIVE SERVICES PROVIDER

1.1      APPOINTMENT.  Pre-Cell hereby appoints  Pre-Paid as its  administrative
         services  provider,  and Pre-Paid  hereby  accepts such  appointment by
         Pre-Cell to administer its specific business  operations and affairs in
         accordance with the terms of this Agreement.

1.2      TERM. The term of this Agreement  shall begin as of the date hereof and
         continue until terminated by written notice from one party to any other
         party.  Either party to this  Agreement may terminate this Agreement by
         providing 30 days advanced written notice the other party.

                                   ARTICLE II

              POWERS AND DUTIES OF ADMINISTRATIVE SERVICES PROVIDER

2.1      POWERS OF ADMINISTRATIVE SERVICES PROVIDER. Subject to such limitations
         as may  be  imposed  by  law or  this  Agreement,  Pre-Paid  is  hereby
         authorized to:

        (a)    provide  administrative  services  and  service  support  for all
               operations  relating to  banking,  accounting,  legal,  financial
               controls,  corporate tax compliance,  tax and regulatory  filings
               and personnel  activities  for Pre-Cell,  except as  specifically
               precluded by the terms of this Agreement;

        (b)    make tax,  regulatory and other filings,  and to render  periodic
               and other  reports  to  governmental  agencies  or bodies  having
               jurisdiction over the assets or business of Pre-Cell;

        (c)    open and close  all bank  accounts,  reconcile  all  accounts  of
               Pre-Cell, and prepare monthly financial statements of Pre-Cell;

<PAGE>

        (d)    purchase and maintain insurance  coverages covering such risks in
               such  amounts for the benefit of Pre-Cell as Pre-Paid  determines
               are, from time to time, necessary or appropriate;

        (e)    conduct  litigation and incur legal  expenses and,  except as set
               forth herein,  otherwise  deal with or settle claims or disputes;
               and controversies for and on behalf of Pre-Cell;

        (f)    take such  other  action  in the  ordinary  course of  Pre-Cell's
               businesses not inconsistent with the grant of authority set forth
               herein.  Pre-Paid shall exercise the authority granted hereunder,
               in each case at such times and upon such terms and conditions, as
               Pre-Paid deems necessary or appropriate.

2.2      LIMITATION  ON POWERS.  Notwithstanding  the above,  without  the prior
         written authority of the officers or authorized executives of Pre-Cell,
         Pre-Paid  shall  not have the  authority  or take any  action  to cause
         Pre-Cell to:

        (a)    sell, lease or  otherwise dispose of  all or substantially all of
               its assets or property;

        (b)    borrow money, assume,  guarantee,  or otherwise cause Pre-Cell to
               become liable for indebtedness,  other than indebtedness to trade
               creditors in the ordinary course of business and  indebtedness to
               Pre-Paid hereunder;

        (c)    form,  contribute  or loan cash or  property  to, any  limited or
               general  partnerships,  joint  ventures,  corporations or similar
               arrangements;

        (d)    expand the business  activities  in which  Pre-Cell is engaged by
               acquisition or internal development; or

        (e)    take any  other  extraordinary  corporate  action  on  behalf  of
               Pre-Cell.

2.3      DUTIES OF ADMINISTRATIVE  SERVICES PROVIDER.  Pre-Paid shall manage the
         business and affairs of Pre-Cell in the manner in which  Pre-Paid deems
         necessary  or  appropriate.  Without  limiting  the  generality  of the
         foregoing, Pre-Paid's duties shall include the following:

        (a)    to provide,  from time to time,  executive  consultants  who will
               consult with  management of Pre-Cell and Pre-Paid  concerning all
               aspects of Pre-Cell's business;

        (b)    to administer the day-to-day  business activities of the Pre-Cell
               relating to matters concerning  personnel,  banking,  accounting,
               legal,  financial,  corporate tax compliance,  tax and regulatory
               filings,   and  such  other   matters  as  may  be  necessary  or
               appropriate  in  connection   with  the  day-to-day   conduct  of
               Pre-Cell's Operations;

         (c)   to render or cause to be rendered accounting, financial controls,
               corporate tax compliance,  legal,  technical,  and other services
               and perform or cause to be performed other accounting, logistical
               and administrative functions for Pre-Cell;

        (d)    to maintain  records of the assets owned by Pre-Cell and books of
               account,  and to make such records and books of account available
               for  inspection  by the Board of  Directors  of  Pre-Cell  during
               regular business hours at the principal office of Pre-Cell;

                                       2

<PAGE>

        (e)    to prepare, on an annual,  quarterly and monthly basis, financial
               statements of Pre-Cell and to furnish to the officers,  directors
               or authorized  executives of Pre-Cell such other  information and
               reports  concerning  the conduct of the  business  and affairs of
               Pre-Cell as the  officers,  directors  or  authorized  executives
               shall reasonably request;

        (f)    to render such reports and make such  periodic and other  filings
               as may be  required  under  applicable  federal,  state and local
               laws, rules and regulations; and

        (g)    to conduct the  operations  of Pre-Cell  in  compliance  with all
               applicable laws, rules and regulations and in accordance with the
               terms of this  Agreement,  and any  other  applicable  agreement,
               indenture or other  instrument to which  Pre-Cell is bound or may
               be subject.

2.4      ACTIVITIES.  Pre-Cell hereby  acknowledges that Pre-Paid has, and shall
         be  entitled to continue  to have,  business  interests,  and engage in
         business activities, in addition to those relating to the operations of
         Pre-Cell.  Pre-Cell  further  acknowledges  and agrees  that during and
         subsequent  to the term  hereof,  Pre-Paid  shall be  entitled  to have
         business  interests  and conduct  business  activities  which may be in
         direct  competition  with  Pre-Cell  for  its own  account  and for the
         account of others,  without having or incurring any obligation to offer
         any  interest  in  such  businesses,  activities  or  opportunities  to
         Pre-Cell.  Pre-Cell  shall  not  have  any  rights  by  virtue  of this
         Agreement  or the  relationship  created  hereby  in any such  business
         interests, activities or opportunities.

                                   ARTICLE III

                     REIMBURSEMENT; PURCHASES FROM PRE-CELL

3.1      COMPENSATION.  In  consideration  of the  performance of the duties set
         forth herein,  Pre-Cell shall pay to Pre-Paid an administrative service
         fee  equal  to  One   Thousand   Dollars   ($1,000)   per  month.   The
         administrative   service  fee  shall  include  all  indirect   expenses
         associated  with  Pre-Paid's  provision  of  administrative   services,
         including,  without limitation,  wages, employee benefits,  general and
         administrative expenses.  Pre-Cell shall pay the administrative service
         fee to Pre-Paid,  in arrears,  no later than the 10th day of each month
         during the term of this Agreement.

3.2      DIRECT  EXPENSES.  Pre-Cell  shall  reimburse  Pre-Paid  for all direct
         expenses  incurred by Pre-Paid on behalf of Pre-Cell in connection with
         Pre-Cell's  operations  under this Agreement.  Pre-Cell shall reimburse
         Pre-Paid  such  amounts  within 10 days after  request  from  Pre-Paid.
         Pre-Cell  acknowledges and agrees that Pre-Paid may mark-up the cost of
         such  products,  equipment  and other  items  provided  that the prices
         charged are competitive with prices Pre-Cell could obtain such products
         and equipment from third party vendors.

                                       3

<PAGE>

                                   ARTICLE IV

                     LIABILITY OF PRE-PAID; INDEMNIFICATION

4.1      JUDGMENTS IN GOOD FAITH PROPER.  Notwithstanding  any other  provisions
         contained herein to the contrary,  in no event shall Pre-Cell,  nor any
         director,  officer,  employee or shareholder of Pre-Cell make any claim
         against  Pre-Paid on account of any alleged  errors of judgment made in
         good faith in  connection  with the  conduct of  Pre-Cell's  operations
         hereunder by Pre-Paid,  nor shall  Pre-Cell  object to any  expenditure
         made by  Pre-Paid  in good  faith  in the  course  of its or  Pre-Cell'
         operations  or in the  settlement  of  any  claim,  arising  out of the
         conduct of Pre-Cell' operations.

4.2      INDEMNIFICATION.   Pre-Cell  agrees  to  indemnify  and  hold  harmless
         Pre-Paid   and  its   employees,   officers,   directors,   agents  and
         shareholders  (the   "Indemnitees")   from  and  against  any  and  all
         liabilities,  losses,  damages, costs and expenses (including,  without
         limitation,  reasonable  attorneys' and  accountants'  fees and costs),
         deficiencies,   judgments,  actions,  causes  of  action,  proceedings,
         demands or claims of whatever nature (collectively,  "Damages") arising
         from  or in any  way  related  to (i)  services  provided  by  Pre-Paid
         pursuant  to this  Agreement,  or (ii) any  accident,  injury or damage
         whatsoever  during the conduct of operations caused to any person or to
         the  property of any person,  occurring on or after the date hereof and
         prior to the termination of this  Agreement,  except to the extent such
         Damages  are caused by or result from the gross  negligence  of, or any
         willful  misconduct  or reckless  act by  Pre-Paid,  or its  employees,
         officers,  directors,  agents or  shareholders.  The  termination  of a
         proceeding by judgment, order, settlement or conviction, or upon a plea
         of nolo  contendere or its equivalent,  shall not, of itself,  create a
         presumption that an action or of inaction involves bad faith or willful
         misconduct or a reckless act.

4.3      LIMITATION LIABILITY.  PRE-PAID SHALL NOT BE LIABLE TO PRE-CELL NOR ANY
         PERSON  OR  ORGANIZATION  FOR ANY  DEBT,  LIABILITY  OR  OBLIGATION  OF
         PRE-CELL  INCURRED OR CREATED PURSUANT TO THE AUTHORITY GRANTED IN THIS
         AGREEMENT OR BY REASON OF ITS  DIRECTION  OR THE CONDUCT OF  PRE-CELL'S
         OPERATIONS UNLESS PRE-PAID, BY WRITTEN AGREEMENT,  EXPRESSLY ASSUMES OR
         GUARANTEES ANY SUCH  LIABILITY.  PRE-PAID SHALL NOT BE REQUIRED,  UNDER
         ANY  CIRCUMSTANCES,  TO GUARANTEE OR ASSUME ANY OBLIGATION OR LIABILITY
         OF  PRE-CELL.  THE BOARD OF  DIRECTORS  OF PRE-CELL  SHALL BE DEEMED TO
         CONTROL  ALL  ASPECTS OF THE  MANNER IN WHICH  PRE-CELL'S  BUSINESS  IS
         CONDUCTED.  PRE-PAID SHALL NOT BE LIABLE,  BY VIRTUE OF THE PERFORMANCE
         OF ITS  DUTIES  HEREUNDER,  FOR ANY  BREACH OF ANY  LICENSING  OR OTHER
         AGREEMENT  BETWEEN  THE  COMPANIES  AND  ANY  OTHER  PARTY,  OR FOR ANY
         LIABILITY FOR ANY TRADEMARK  INFRINGEMENT,  UNFAIR COMPETITION,  PATENT
         INFRINGEMENT OR OTHER VIOLATION OF THE INTELLECTUAL  PROPERTY RIGHTS OF
         ANOTHER PERSON OR ENTITY AS A RESULT OF THE MANNER IN WHICH  PRE-CELL'S
         BUSINESS  IS  CONDUCTED,  EXCEPT TO THE EXTENT  SUCH  VIOLATION  IS THE
         RESULT OF THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF PRE-PAID.

                                       4

<PAGE>

                                    ARTICLE V

                                  MISCELLANEOUS

5.1      INDEPENDENT CONTRACTOR.  Nothing herein shall be construed or deemed to
         create a joint  venture,  contract of  employment or  partnership.  All
         debts and liabilities to and contracts or agreements with any person or
         entity incurred or entered into by Pre-Cell in the operation or conduct
         of Pre-Cell's business shall be the debt and liability of Pre-Cell, and
         be binding upon, Pre-Cell.

5.2      NOTICES. Any notice, request, consent or communication  (collectively a
         "Notice")  under this  Agreement  shall be  effective  only if it is in
         writing  and  (a)  personally  delivered,  (b)  sent  by  a  nationally
         recognized overnight delivery service, with delivery confirmed,  or (d)
         telexed  or  telecopied,  with  receipt  confirmed,  addressed  to  the
         addresses  indicated on the signature page of this Agreement or to such
         other  address or  addresses  as shall be  furnished  in writing by any
         party to the other  party.  A Notice shall be deemed to have been given
         as of the date when (i)  personally  delivered,  (ii) the next day when
         delivered  during  business hours to said overnight  delivery  service,
         properly addressed and prior to such delivery service's cutoff time for
         next day  delivery,  or (iii) when  receipt of the telex or telecopy is
         confirmed,  as the case may be,  unless  the  sending  party has actual
         knowledge that a Notice was not received by the intended recipient.

5.3      ASSIGNMENT.  Either  party  hereto  shall have the right to assign this
         Agreement  only to (i) any  successor  assignee  of such party that may
         result  from  any  merger,  consolidation  or  reorganization,  or (ii)
         another  corporation  that  acquires all or  substantially  all of such
         party's assets, business and liabilities.

5.4      HEADINGS.   Section  headings  contained  in  this  Agreement  are  for
         reference  purposes only and shall not affect in any way the meaning or
         interpretation of this Agreement.

5.5      ENTIRE AGREEMENT;  MODIFICATION.  This Agreement  contains the complete
         expression  of the  agreement  between  the  parties  and  there are no
         promises,  representations,  or inducements  except as herein provided.
         The  terms  and  provisions  of this  Agreement  may  not be  modified,
         supplemented  or  amended  except in  writing  signed  by both  parties
         hereto.  All terms and  provisions of this  Agreement  shall be binding
         upon and inure to the benefit of and be  enforceable  by the respective
         successors and permitted assigns of the parties hereto.

5.6      NO WAIVER. Failure by either party hereto to enforce at any time or for
         any  period  of  time  any  provision  or  right  hereunder  shall  not
         constitute  a waiver of such  provision  or of the right of such  party
         thereafter to enforce each and every such provision.

5.7      GOVERNING LAW; ATTORNEYS' FEES. This Agreement shall be governed by and
         construed  and  enforced in  accordance  with the laws of Florida.  The
         prevailing  party in any litigation  concerning this Agreement shall be
         entitled to reimbursement of its reasonable costs,  including legal and
         accounting fees, incurred in connection with any such matter.

                                       5

<PAGE>

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
the day and year first above written.

                                            PRE-PAID SOLUTIONS, INC.

                                            BY:  /s/ Thomas E. Biddix
                                                 ----------------------------
                                            NAME: Thomas E. Biddix
                                            TITLE: CEO

                                            PRE-CELL SOLUTIONS, INC.

                                            BY:   /s/ Timothy F. McWilliams
                                                  ----------------------------
                                            NAME: Timothy F. McWilliams
                                            TITLE: COO

                                       6

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