Document:

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                                                                  EXHIBIT 10.6

                              EMPLOYMENT AGREEMENT

         This Employment Agreement (this "Agreement") is entered into and shall
be effective as of September 27, 1999 between Corporate Buying Service Inc., a
Florida corporation (the "Company"), and Bernardo Sicard, a resident of the
State of Florida (the "Executive").

                                    RECITALS

         The Company operates an internet-based, business-to-business electronic
marketplace which enables information technology buyers to efficiently source,
evaluate, purchase and track a wide variety of computer hardware, software and
related technology products directly from the inventories of leading technology
wholesale distributors. The Executive has been employed by the Company as a
computer software engineer on an at-will basis. The Company desires to promote
the Executive to the position of Vice President of Technology and Information
Services and to assure his continued commitment to the Company, and the
Executive has agreed to accept such position and make such commitment to the
Company for the additional compensation and benefits and on the terms and
conditions set forth in this Agreement.

                               TERMS OF AGREEMENT

         NOW, THEREFORE, in consideration of the mutual covenants contained
herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby agree as
follows:

         1. EMPLOYMENT. The Company hereby agrees to employ the Executive to
serve in the capacities described herein, and the Executive agrees to accept
such employment and perform such services upon the terms and conditions set
forth in this Agreement.

         2. TERM. The Executive's employment by the Company under this Agreement
shall commence on the date hereof (the "Commencement Date") and expire on the
close of business on the three-year anniversary of such date (the "Expiration
Date") unless terminated by the Company prior thereto in accordance with the
terms of this Agreement. For purposes of this Agreement, "Term" shall mean the
period beginning on the Commencement Date and ending upon the sooner of the
Expiration Date or the termination of the Executive's employment hereunder for
any reason.

         3. DUTIES AND RESPONSIBILITIES. During the Term, the Executive shall
serve as Vice President of Technology and Information Services of the Company.
The Executive shall perform such duties and have such authority as may be
assigned and delegated to him from time to time by the President of the Company
or any officer of the Company charged by the President of the Company with his
supervision. The Executive shall at all times perform his duties and
responsibilities honestly, diligently, in good faith and to the best of his
ability. The Executive shall observe and comply with all of the rules,
regulations, policies and procedures established by the

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Company from time to time and all applicable laws, rules and regulations imposed
by governmental and regulatory authorities from time to time. The Executive's
employment by the Company shall be full-time and exclusive and the Executive
agrees that he will devote his full business time, attention and energies to the
performance of his obligations hereunder. Notwithstanding the foregoing, the
Executive shall be permitted to engage in charitable and civic activities and
manage his personal passive investments, provided such personal passive
investments are not in a company which engages in a business competitive with
the business of the Company and provided that such activities do not
individually or collectively interfere with the performance of his duties and
responsibilities under this Agreement. The Executive shall be based at the
Company's headquarters in Boca Raton, Florida, subject to such travel as may be
necessary to fulfill his obligations under this Agreement.

         4. COMPENSATION. As compensation for his services hereunder and in
consideration of the covenants set forth in Sections 9, 10 and 11 below, the
Company shall from and after the date hereof pay to the Executive the following
compensation, subject to any withholding and other taxes as may be imposed by
applicable federal, state, provincial or local government authorities and other
normal and usual employee deductions:

                  (a) BASE SALARY. The Company shall pay to the Executive an
annual base salary (the "Base Salary") of Sixty-Five Thousand Dollars ($65,000)
per year during the Term. The Base Salary shall increase to Eighty Thousand
Dollars ($80,000) per year on April 1, 2000. The Base Salary may be further
increased from time to time during the Term in the sole discretion of the
Company's Board of Directors. The Base Salary shall be payable in accordance
with the Company's customary payroll practices and procedures and shall be
prorated for any partial year arising during the Term.

                  (b) BONUS. In addition to the Base Salary, the Executive shall
be eligible for a bonus payable in the sole discretion of the Company's Board of
Directors.

                  (c) STOCK OPTIONS. The Executive shall be eligible to
participate in any stock option plan which may be adopted by the Company from
time to time in such amount and on such terms as may be approved by the
Company's Board of Directors.

         5. FRINGE BENEFITS. The Executive shall be entitled to participate in
all employee benefit plans and programs (including, without limitation, profit
sharing, medical, disability and life insurance plans and programs) that the
Company establishes and makes generally available from time to time to its
employees, subject, however, to the applicable eligibility requirements and
other provisions of such plans and programs (including, without limitation,
requirements as to position, tenure, salary, age and health). The Executive
shall also be entitled to receive such fringe benefits and prerequisites as may
be generally provided by the Company from time to time to its employees, in
accordance with the policies of the Company in effect from time to time.

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         6. VACATION. The Executive shall be entitled to three (3) weeks paid
vacation annually (with no right of carry-over), to be taken at such time(s) as
shall not, in the reasonable judgment of the President of the Company, interfere
with the Executive's fulfillment of his duties hereunder. The Executive shall be
entitled to as many holidays, sick days and personal days as are generally
provided by the Company from time to time to its employees in accordance with
the Company's policies as in effect from time to time.

         7. REIMBURSEMENT OF EXPENSES. The Company shall pay or reimburse the
Executive for all reasonable and necessary travel, entertainment and other
expenses incurred by him in connection with the performance of his duties
hereunder in accordance with the policies and procedures of the Company as in
effect from time to time; PROVIDED THAT (a) such expenditure is of a nature
deductible under Section 162 of the Internal Revenue Code (the "Code") on the
Federal income tax return of the Company as a business expense and not as
deductible compensation to the Executive, and (b) Executive provides the Company
with such documentary evidence as may in the opinion of the Company be required
by the Code or any regulation promulgated thereunder for the substantiation of
such expenditures as a deductible business expense of the Company and not as
deductible compensation to the Executive. The Executive agrees that, if at any
time, any payment made to the Executive by the Company as a business expense
reimbursement shall be disallowed as a deductible expense to the Company by the
appropriate taxing authorities, the Executive shall reimburse the Company to the
full extent of such disallowance.

         8. TERMINATION. Notwithstanding anything to the contrary contained in
this Agreement, the Company shall have the right, in addition to any other
rights and remedies which it may have, to terminate this Agreement and the
Executive's employment hereunder as follows:

                  (a) FOR CAUSE. In the event that the Executive (i) breaches
any of the terms or conditions of this Agreement and such breach is not cured
(if curable) within ten days after written notice thereof is delivered to the
Executive by the Company; (ii) fails or refuses to perform his duties and
responsibilities as set forth in or delegated to him pursuant to this Agreement
or fails to devote his full business time and attention exclusively to the
business and affairs of the Company in accordance with the terms of this
Agreement and such failure or refusal is not cured (if curable) within ten days
after written notice thereof is delivered to the Executive by the Company; (iii)
commits any dishonest, fraudulent or wilfully negligent act with respect to the
Company; (iv) is convicted of any misdemeanor involving dishonesty or moral
turpitude or any felony, or (v) commits any act which injures or could
reasonably be expected to injure the reputation, business or business
relationships of the Company, then the Company shall have the right to
immediately terminate this Agreement and the Executive's employment with the
Company hereunder by delivery of written notice to the Executive of such
termination.

                  (b) DEATH. In the event of the Executive's death, this
Agreement shall automatically terminate as of the date of such death without
notice to either party.

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                  (c) DISABILITY. In the event that the Executive shall be
unable to perform his duties hereunder by virtue of illness or physical or
mental disability (from any cause or causes whatsoever) in substantially the
manner and to the extent required of him hereunder prior to the commencement of
such disability and the Executive shall fail to perform such duties for periods
aggregating 180 days, whether or not continuous, in any continuous 270 day
period, then the Company shall have the right to terminate this Agreement and
the Executive's employment with the Company as of the end of any calendar month
during the continuance of such disability upon at least 30 days' prior written
notice to the Executive.

                  (d) WITHOUT CAUSE. The Company shall have the right to
terminate this Agreement and the Executive's employment with the Company at any
time without cause on thirty (30) days prior written notice to the Executive.

                  (e) MUTUAL AGREEMENT. The parties may terminate this Agreement
and the Executive's employment with the Company upon their mutual written
consent.

                  (f) PAYMENTS UPON TERMINATION. In the event that the Company
shall terminate this Agreement and the Executive's employment with the Company
under Section 8(a), (b) or (c) above or the Executive terminates his employment
with the Company for any reason prior to the Expiration Date, then (a) the
Company shall pay to the Executive (or his heirs and/or personal
representatives) (1) the Base Salary earned through the date of termination,
payable when and as the same would have been payable but for such termination,
and (b) any Bonus payable under this Agreement on account of any prior calendar
year, payable when and as the same would have been payable but for such
termination, and (c) the Company shall reimburse the Executive for any expenses
for which the Executive is entitled to reimbursement under Section 7 of this
Agreement, and the Company shall have no further obligation to the Executive. In
the event that the Company shall terminate this Agreement and the Executive's
employment with the Company under Section 8(d) above (for a reason other than
those covered by Sections 8(a), (b) or (c) above), then (a) the Company shall
pay to the Executive (1) the Base Salary earned through the date of termination,
payable when and as the same would have been payable but for such termination,
(2) any Bonus payable under this Agreement on account of any prior calendar
year, payable when and as the same would have been payable but for such
termination, and (3) an amount equal to Twenty Five Percent (25%) of his then
current annual Base Salary in a lump sum payment within thirty (30) days
following the last day of the Executive's employment with the Company, (b) the
Company shall continue to provide the Executive with those medical, life and
disability insurance benefits, if any, which are provided to the Executive on
the last day of his employment with the Company for a period of three (3) months
following his last day of employment with the Company, and (c) the Company shall
reimburse the Executive for any expenses for which the Executive is entitled to
reimbursement under Section 7 of this Agreement, and the Company shall have no
further obligation to the Executive.

         9. CONFIDENTIAL INFORMATION. The Executive recognizes and acknowledges
that he will have access to certain confidential and proprietary information
about the Company, its affiliates and

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parties with whom the Company does business (collectively, the "Confidential
Information"), (including, without limitation, trade secrets and other
information regarding research, developments, inventions, product designs and
specifications, know-how, prices, suppliers, customers, costs, strategies,
financial and business prospects) and that such information constitutes
valuable, special and unique property of the Company. The Executive acknowledges
that the Confidential Information is and shall remain the exclusive property of
the Company. The Executive agrees that he will not at any time (whether during
the Term or at any time thereafter) disclose the Confidential Information to
anyone outside the Company, or utilize such Confidential Information for his own
benefit or the benefit of any third parties without the prior written consent of
the Company. The Executive agrees that the foregoing restrictions shall apply
whether or not such information is marked "Confidential". The Company
acknowledges that the term "Confidential Information" shall not include
information (i) was known by the Executive prior to disclosure by or on behalf
of the Company, its affiliates or parties with whom the Company does business,
(ii) becomes available to the Executive from a source other than the Company,
its affiliates or parties with whom the Company does business that is not bound
by a duty of confidentiality to the Company, its affiliates or such other
parties, or (iii) becomes generally available or known in the industry other
than as a result of its disclosure by the Executive. In the event that the
Executive becomes legally obligated to disclose any Confidential Information
other than to the Company, he will provide the Company with prompt notice
thereof so that the Company may seek a protective order or other appropriate
remedy and the Executive will cooperate with and assist the Company in securing
such protective order or other remedy. In the event that such protective order
is not obtained, or that the Company waives compliance with the provisions of
this Section to permit a particular disclosure, the Executive will furnish only
that portion of the Confidential Information which he is legally required to
disclose. The Executive further agrees that all memoranda, disks, files, notes,
records or other documents which contain Confidential Information, whether in
electronic form or hard copy, and whether created by the Executive or others,
which come into his possession, shall be and remain the exclusive property of
the Company to be used by the Executive only in the performance of his
obligations hereunder, and shall be delivered by him to the Company together
with any copies thereof upon the termination of his employment hereunder or at
any other time upon the request of the Company. The Executive also agrees to
execute such confidentiality agreements that the Board of Directors of the
Company may adopt, and modify from time to time, as a standard form to be
executed by employees of the Company.

         10. NONCOMPETITION. The Executive acknowledges that (a) the Company
engages in a competitive business, (b) the Executive's services and
responsibilities are unique in character and are of particular significance to
the Company, and (c) the Executive's position with the Company will place him in
a position of confidence and trust with the customers, suppliers and employees
of the Company. The Executive consequently agrees that it is reasonable and
necessary for the protection of the Company and its goodwill and business that
the Executive makes the commitments set forth herein. The Executive therefore
agrees that during the Term and for a period of two (2) years thereafter (the
"Noncompete Period"), he will not:

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                  (a) as an individual proprietor, partner, shareholder,
officer, director, employee, consultant, independent contractor, agent, joint
venturer, investor or lender, directly or indirectly, engage anywhere in the
United States in the business of selling computers and computer-related hardware
or software products to commercial businesses using the internet as a
significant channel of distribution or in any other business engaged in by the
Company or any of its present or future parents, subsidiaries or other
affiliates while the Executive was employed by the Company; PROVIDED, HOWEVER,
that the beneficial ownership by the Executive of less than two percent (2%) of
the shares of common stock of any other corporation having a class of equity
securities actively traded on a national securities exchange or over-the-counter
market shall not be deemed, in and of itself, to violate the prohibitions of
this Section, or

                  (b) attempt in any manner to solicit or sell to any Customer
(as defined below) any products of the type developed, produced, marketed or
sold or being developed, produced, marketed or sold by the Company while the
Executive was employed by the Company or any products competitive with such
products or to persuade any Customer to cease to do business or reduce the
amount of business which such Customer has customarily done or is reasonably
expected to do with the Company, whether or not the relationship between the
Company and such Customer was originally established in whole or in part through
his efforts. As used in this paragraph, the term "Customer" shall mean and
include (i) anyone who was a customer of the Company or any of its present or
future parents, subsidiaries or other affiliates on the date of termination of
the Executive's employment or at any time during the one year immediately
preceding the date of termination of the Executive's employment, (ii) any
prospective customer to whom any representative of the Company or any of its
present or future parents, subsidiaries or other affiliates made a business
presentation or sales pitch at any time during the one year period immediately
preceding the date of termination of the Executive's employment and (iii) any
prospective customer to whom any representative of the Company or any of its
present or future parents, subsidiaries or other affiliates made a business
presentation or sales pitch at any time within six months after the date of
termination of the Executive's employment if the initial contact or discussion
with such prospective customer relating to the sale of products occurred prior
to the date of termination of the Executive's employment. For purposes of this
clause, it is agreed that a general mailing or incidental contact shall not be
deemed a business presentation or sales pitch. In addition, if the Customer is
part of a group of entities which conduct business through more than one
entities, divisions, teams or operating units, whether or not separately
incorporated, the term "Customer" shall include each entity, division, team and
operating unit of the Customer.

         11. NON-SOLICITATION OF EMPLOYEES. The Executive agrees that he will
not during the Term and for a period of two (2) years thereafter, directly or
indirectly, employ or permit any company or business directly or indirectly
controlled by him to employ, any person who is, or at any time during the
preceding twelve month period, was an employee of the Company, or induce or
persuade or seek to induce or persuade any such person to leave his employment
with the Company.

         12. ENFORCEABILITY OF RESTRICTIVE COVENANTS. The Executive hereby
acknowledges that the restrictions on his activity contained in Sections 9, 10
and 11 are necessary for the reasonable

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protection of the Company and are a material inducement to the Company entering
into this Agreement. The Executive further acknowledges that a breach or
threatened breach of any such provisions would cause irreparable harm to the
Company for which there is no adequate remedy at law. The Executive agrees that
in the event of any breach or threatened breach of any provision contained in
Sections 9, 10 or 11 of this Agreement, the Company shall have the right, in
addition to any other rights or remedies it may have, to seek injunctive relief
without having to post bond or other security and without having to prove
special damages or the inadequacy of the available remedies at law. The parties
acknowledge that (a) the time, scope, geographic area and other provisions
contained in Sections 9, 10 and 11 are reasonable and necessary to protect the
goodwill and business of the Company, (b) as an internet-based business, the
Customers of the Company may be serviced from any location and accordingly it is
reasonable that the covenants set forth herein are not limited by narrow
geographic area, and (c) the restriction of the Executive's ability to solicit
Customers will not prevent him from being employed or earning a livelihood. If
any covenant contained in Sections 9, 10 or 11 are held to be unenforceable by
reason of the time, scope or geographic area covered thereby, such covenant
shall be interpreted to extend to the maximum time, scope or geographic area for
which it may be enforced as determined by a court making such determination, and
such covenant shall only apply in its reduced form to the operation of such
covenant in the particular jurisdiction in which such adjudication is made. In
the event that the Company shall bring any action, suit or proceeding against
the Executive for the enforcement of this Agreement, the calculation of the
Noncompete Period shall not include the period of time commencing with the
filing of the action, suit or proceeding to enforce this Agreement through the
date of the final judgment or final resolution (including all appeals, if any)
of such action, suit or proceeding. The existence of any claim or cause of
action by the Executive against the Company or any of its affiliates predicated
on this Agreement or otherwise shall not constitute a defense to the enforcement
by the Company of any provision of Sections 9, 10 or 11.

         13. INTELLECTUAL PROPERTY. The Executive agrees that he shall make full
and prompt disclosure to the Company of all inventions, improvements,
discoveries, methods, developments, software and works of authorship, whether or
not patentable or copyrightable, which are created, made, conceived or reduced
to practice by the Executive or under his direction or jointly with others
during the Term or within one (1) year thereafter (whether or not during normal
working hours, on the premises of the Company or using Company's equipment or
Confidential Information), which relate to the present or planned business or
research and development of the Company (all of which are collectively referred
to as "Developments"). All right, title and interest in the Developments,
whether or not used by the Company, shall, from the inception of development, be
exclusively and perpetually the property of the Company, free of any claim
whatsoever by the Executive or any third party deriving any rights from the
Executive. Any such Developments shall be deemed "works made for hire" within
the meaning of the U.S. Copyright Act and any other applicable U.S. or foreign
laws relating to intellectual property, and the Executive understands and
acknowledges that the Company shall own all right, title and interest in and to
the Developments, including without limitation copyright, patent and trademark
rights, throughout the world. To the extent that any Developments shall not be
deemed "works made for hire," the Executive hereby assigns to the Company any of
its right, title and interest in and to all worldwide intellectual proprietary
rights, including but not

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limited to all worldwide copyrights, trade secrets, patent rights and trademark
rights, in and to all of the Developments, and agrees to cooperate fully with
the Company, both during and after the Term, with respect to the procurement,
maintenance and enforcement of patents, copyrights and other intellectual
property rights, throughout the world, with respect to the Developments. The
Executive shall sign all papers, including, without limitation, patent
applications, copyright applications, declarations, oaths and formal assignment
documents, which the Company may deem necessary or appropriate to protect its
rights and interests in any Development. The Executive hereby appoints any
officer of the Company as the Executive's attorney-in-fact to execute any such
documents in the name and on behalf of the Executive in the event that the
Executive fails to execute and deliver such documents within thirty (30) days
after the Company's request.

         14. CONFLICT. The Executive hereby represents and warrants to the
Company that the execution and delivery of this Agreement by him and the
performance by him of his duties hereunder, shall not constitute a default,
breach or violation of any understanding, contract or commitment, written or
oral, express or implied, to which the Executive is a party or to which the
Executive is or may be bound, including, without limitation, any understanding,
contract or commitment with any present or former employer. The Executive hereby
agrees to indemnify and hold the Company harmless from and against any and all
claims, losses, damages, liabilities, costs and expenses (including, without
limitation, attorneys' fees and expenses) incurred by the Company in connection
with any default, breach or violation by the Executive of any such
understanding, contract or commitment.

         15. BINDING EFFECT. This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their respective heirs, successors and
assigns, except that the Executive may not assign any of his rights or delegate
any of his duties hereunder without the prior written consent of the Company
(which may be granted or withheld in the Company's sole and absolute
discretion).

         16. ENTIRE AGREEMENT. This Agreement constitutes the entire
understanding of the parties and supersedes all prior agreements,
understandings, arrangements, promises and commitments, whether written or oral,
express or implied, relating to the subject matter hereof, and all such prior
agreements, understandings, arrangements, promises and commitments are hereby
canceled and terminated.

         17. AMENDMENT. This Agreement may not be amended, supplemented or
modified in whole or in part except by an instrument in writing signed by the
party or parties against whom enforcement of such amendment, supplement or
modification is sought.

         18. SURVIVAL.  The provisions of Sections 7, 9, 10, 11, 12, 13,
14, 21, 22 and 27 hereof shall survive the termination or expiration of this
Agreement.

         19. NOTICES. Any notice, request or other document required or
permitted to be given under this Agreement shall be in writing and shall be
deemed given (a) upon delivery, if delivered by hand, (b) three days after the
date of deposit in the mail, postage prepaid, if mailed by U.S.

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certified or registered mail, or (c) on the next business day, if sent by
prepaid overnight courier service, in each case, addressed as follows:

                  If to the Executive, to the address set forth below his name
                  on the signature page hereto.

                  If to the Company, to:

                  Corporate Buying Service Inc.
                  3401 N. Federal Highway, Suite 216
                  Boca Raton, FL 33431
                  Attention: President

                  with a copy to:

                  Akerman Senterfitt & Eidson, P.A.
                  350 E. Las Olas Boulevard, Suite 1600
                  Fort Lauderdale, Florida 33301
                  Attention: Bruce I. March, Esq.

Any party may change the address to which notice shall be sent by giving notice
of such change of address to the other parties in the manner provided above.

         20. WAIVERS. The failure or delay of any party to enforce any provision
of this Agreement shall in no way affect the right of such party to enforce the
same or any other provision of this Agreement. The waiver by any party of any
breach of any provision of this Agreement shall not be construed as a waiver by
such party of any succeeding breach of such provision or a waiver by such party
of a breach of any other provision. The granting of any consent or approval by
any party in any one instance shall not be construed to waive or limit the need
for such consent or approval in any other or subsequent instance.

         21. GOVERNING LAW. This Agreement shall be construed in accordance with
the laws of the State of Florida applicable to contracts executed and to be
wholly performed within such State. The parties to this Agreement agree that any
suit, action or proceeding arising out of or relating to this Agreement
(including, without limitation, any action for the enforcement of an arbitration
award pursuant to Section 22 below) or any judgment entered by any court in
respect thereof shall be brought in the courts of Palm Beach County, Florida or
in the U.S. District Court for the Southern District of Florida. Each party
hereby (a) irrevocably accepts the exclusive personal jurisdiction of such
courts for the purpose of any action, suit or proceeding arising out of or
relating to this Agreement, (b) irrevocably waive, to the fullest extent
permitted by law, any objection which it may now or hereafter have to the laying
of venue of any action, suit or proceeding arising out of or relating to this
Agreement or any judgment entered by any court in respect thereof brought in
such

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courts, and (c) irrevocably waive any claim that any action, suit or proceeds
brought in any such court has been brought in an inconvenient forum. Each party
further agrees that service of process, summons, notice or document by U.S.
registered mail in accordance with this Agreement shall be effective service of
process for any action, suit or proceeding brought against a party in any such
court.

         22. ARBITRATION. The parties to this Agreement agree to arbitrate all
disputes, controversies or differences that may arise between them with respect
to any provision of this Agreement. Either party may give notice to the other of
its decision to arbitrate the dispute, and such notice shall specify the issue
or issues to be arbitrated. Each party shall select one arbitrator, and the two
arbitrators thereby selected shall select a third arbitrator. The arbitration
shall take place in Palm Beach County, Florida or such other place as the
parties shall agree, under the then-current Commercial Arbitration Rules of the
American Arbitration Association. The decision of a majority of the three
arbitrators, including any assessment of the cost of arbitration, will be final
and binding on the parties. The arbitrators will only have the authority to
award actual direct damages, and will not have the authority to award
consequential or punitive damages. Judgement upon the decision made by the
arbitrators may be entered in any court of competent jurisdiction.

         23. SEVERABILITY. If any term or provision of this Agreement shall be
determined by a court of competent jurisdiction to be illegal, invalid or
unenforceable for any reason, the remaining provisions of this Agreement shall
remain enforceable and the invalid, illegal or unenforceable provisions shall be
modified so as to be valid and enforceable and shall be enforced.

         24. SECTION HEADINGS. Section headings are included in this Agreement
for convenience of reference only, and shall in no way affect the meaning or
interpretation of this Agreement.

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

         26. NUMBER OF DAYS. In computing the number of days for purposes of
this Agreement, all days shall be counted, including Saturdays, Sundays and
holidays; PROVIDED, HOWEVER, if the final day of any time period falls on a
Saturday, Sunday or holiday on which federal banks in the United States are or
may elect to be closed, then the final day should be deemed the next day which
is not a Saturday, Sunday or such holiday.

         27. ATTORNEYS' FEES. In any action brought to enforce any provision of
Sections 9, 10 or 11 of this Agreement, the prevailing party shall be entitled
to recover reasonable attorneys' fees and costs from the other party to the
action or proceeding. For purposes of this Agreement, the "prevailing party"
shall be deemed to be that party who obtains substantially the result sought,
whether by settlement, mediation, judgment or otherwise, and "attorneys' fees"
shall include, without limitation, the actual attorneys' fees incurred in
retaining counsel for advice, negotiations, suit, or other legal proceeding,
including mediation and arbitration.

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

                                   CORPORATE BUYING SERVICE INC.

                                   By: /s/ RUSSELL MADRIS
                                      ----------------------------------------
                                      Russell Madris
                                      President

                                   EXECUTIVE
                                   /s/ BERNARDO SICARD
                                   -------------------------------------------
                                   Bernardo Sicard, individually

                                   Address:
                                   125 NW 25 Ave.
                                   -------------------------------------------
                                   Deerfield Beach, FL 33442
                                   -------------------------------------------

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                                                                  EXHIBIT 10.8

                              MOREDIRECT.COM, INC.
                             1999 STOCK OPTION PLAN

1.       ESTABLISHMENT, EFFECTIVE DATE AND TERM

         MoreDirect.com, Inc., a Florida corporation (the "Company"), hereby
establishes the "MoreDirect.com, Inc. 1999 Stock Option Plan" (the "Plan"). The
effective date of the Plan shall be October 11, 1999, (the "Effective Date"),
which is the date that the Plan was approved and adopted by the Board of
Directors and Shareholders of the Company (the "Board"). Unless earlier
terminated pursuant to Section 17 hereof, the Plan shall terminate on October
11, 2009.

2.       PURPOSE

         The purpose of the Plan is to advance the interests of the Company by
providing Eligible Individuals (as defined in Section 6 below) with an
opportunity to acquire or increase a proprietary interest in the Company, which
will thereby create a stronger incentive to expend maximum effort for the growth
and success of the Company and its subsidiaries, and will encourage such
individuals to remain in the employ of or maintain their relationship with the
Company or one or more of its subsidiaries.

3.       TYPE OF OPTIONS

         Each stock option granted under the Plan (an "Option") may be
designated by the Board, in its sole discretion, either as (i) an "incentive
stock option" ("Incentive Stock Options") within the meaning of Section 422 of
the Internal Revenue Code of 1986, as amended from time to time (the "Code"), or
(ii) as a non-qualified stock option which is not intended to meet the
requirements of Section 422 of the Code; PROVIDED, HOWEVER, that Incentive Stock
Options may only be granted to employees of the Company, any "subsidiary
corporation" as defined in Section 424 of the Code (a "Subsidiary") or any
"parent corporation" as defined in Section 424 of the Code (a "Parent"). In the
absence of any designation, Options granted under the Plan will be deemed to be
non-qualified stock options. The Plan shall be administered and interpreted so
that all Incentive Stock Options granted under the Plan will qualify as
incentive stock options under Section 422 of the Code. Options designated as
Incentive Stock Options that fail to continue to meet the requirements of
Section 422 of the Code shall be redesignated as non-qualified stock options
automatically on the date of such failure to continue to meet such requirements
without further action by the Board.

                                      -1-
<PAGE>   2

4.       ADMINISTRATION

         (a) BOARD. The Plan shall be administered by the Board, which shall
have the full power and authority to take all actions, and to make all
determinations required or provided for under the Plan or any Option granted or
Option Agreement (as defined in Section 9 below) entered into under the Plan and
all such other actions and determinations not inconsistent with the specific
terms and provisions of the Plan deemed by the Board to be necessary or
appropriate to the administration of the Plan or any Option granted or Option
Agreement entered into hereunder. The Board may correct any defect or supply any
omission or reconcile any inconsistency in the Plan or in any Option Agreement
in the manner and to the extent it shall deem expedient to carry the Plan into
effect and shall be the sole and final judge of such expediency. All such
actions and determinations shall be by the affirmative vote of a majority of the
members of the Board present at a meeting at which any issue relating to the
Plan is properly raised for consideration or without a meeting by written
consent of the Board executed in accordance with the Company"s Articles of
Incorporation and By-Laws and applicable law. The interpretation and
construction by the Board of any provision of the Plan or of any Option granted
or Option Agreement entered into hereunder shall be final, conclusive and
binding on all Optionees.

         (b) COMMITTEE. The Board may, in its discretion, from time to time
appoint a Compensation Committee and/or Stock Option Committee (each of which is
referred to as the "Committee") consisting of not less than two members of the
Board, none of whom shall be an officer or other salaried employee of the
Company or any Parent or Subsidiary, and each of whom shall qualify in all
respects as a "non-employee director" as defined in Rule 16b-3 promulgated under
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and an
"outside director" for purposes of Section 162(m) of the Code. The Board, in its
sole discretion, may provide that the role of the Committee shall be limited to
making recommendations to the Board concerning any determinations to be made and
actions to be taken by the Board pursuant to or with respect to the Plan, or the
Board may delegate to the Committee such powers and authorities related to the
administration of the Plan, as set forth in Section 4(a) above, as the Board
shall determine, consistent with the Articles of Incorporation and By-Laws of
the Company and applicable law. The Board may remove members, add members and
fill vacancies on the Committee from time to time, all in accordance with the
Company"s Articles of Incorporation and By-Laws and applicable law. The majority
vote of the Committee, or acts reduced to or approved in writing by a majority
of the members of the Committee, shall be the valid acts of the Committee.

         (c) NO LIABILITY. No member of the Board or of the Committee shall be
liable for any action or determination made in good faith with respect to the
Plan or any Option granted or Option Agreement entered into hereunder.

         (d) DELEGATION TO THE COMMITTEE. In the event that the Plan or any
Option granted or Option Agreement entered into hereunder provides for any
action to be taken by or determination to be made by the Board, such action may
be taken by or such determination may be made by the Committee if the power and
authority to do so has been delegated to the Committee by the Board as provided
for in Section 4(b) above. Unless otherwise expressly determined by the Board,
any such action or determination by the Committee shall be final, conclusive and
binding on all Optionees.

                                      -2-
<PAGE>   3

5.       COMMON STOCK

         The capital stock of the Company that may be issued pursuant to Options
granted under the Plan shall be shares of common stock, $.01 par value, of the
Company (the "Common Stock"), which shares may be treasury shares or authorized
but unissued shares. The total number of shares of Common Stock that may be
issued pursuant to Options granted under the Plan shall be one million
(1,000,000) shares, subject to adjustment as provided in Section 18 below. If
any Option expires, terminates or is terminated or canceled for any reason prior
to exercise in full, the shares of Common Stock that were subject to the
unexercised portion of such Option shall be available for future Options granted
under the Plan.

6.       ELIGIBILITY

         Options may be granted under the Plan to (i) any employee or director
of the Company or any Parent or Subsidiary, and (ii) any independent contractor,
consultant or sales representative performing services for the Company or any
Parent or Subsidiary as determined by the Board from time to time on the basis
of their importance to the business of the Company (collectively, "Eligible
Individuals"), PROVIDED, HOWEVER, that Incentive Stock Options may only be
granted to employees of the Company or any Parent or Subsidiary. An individual
may hold more than one Option, subject to such restrictions as are provided
herein.

7.       GRANT OF OPTIONS

         Subject to the terms and conditions of the Plan, the Board may, at any
time and from time to time, prior to the date of termination of the Plan, grant
to such Eligible Individuals as the Board may determine ("Optionees"), Options
to purchase such number of shares of Common Stock on such terms and conditions
as the Board may determine. The date on which the Board approves the grant of an
Option (or such later date as is specified by the Board) shall be considered the
date on which such Option is granted.

8.       LIMITATION ON INCENTIVE STOCK OPTIONS

         (a) TEN PERCENT SHAREHOLDER. Notwithstanding any other provision of
this Plan to the contrary, no individual may receive an Incentive Stock Option
under the Plan if such individual, at the time the award is granted, owns (after
application of the rules contained in Section 424(d) of the Code) stock
possessing more than ten percent (10%) of the total combined voting power of all
classes of stock of the Company or any Parent or Subsidiary, unless (i) the
purchase price for each share of Common Stock subject to such Incentive Stock
Option is at least one hundred and ten percent (110%) of the fair market value
of a share of Common Stock on the date of grant (as determined in good faith by
the Board) and (ii) such Incentive Stock Option is not exercisable after the
date which is five years from the date of grant.

                                      -3-
<PAGE>   4

         (b) LIMITATION ON GRANTS. The aggregate fair market value (determined
with respect to each Incentive Stock Option at the time such Incentive Stock
Option is granted) of the shares of Common Stock with respect to which Incentive
Stock Options are exercisable for the first time by an individual during any
calendar year (under this Plan or any other plan of the Company or a Parent or
Subsidiary) shall not exceed $100,000. If an Incentive Stock Option is granted
pursuant to which the aggregate fair market value of shares with respect to
which it first becomes exercisable in any calendar year by an individual exceeds
such $100,000 limitation, the portion of such Option which is in excess of the
$100,000 limitation, and any Options issued subsequently in the same calendar
year, shall be treated as a non-qualified stock option pursuant to Section
422(d)(1) of the Code. In the event that an individual is eligible to
participate in any other stock option plan of the Company or any Parent or
Subsidiary which is also intended to comply with the provisions of Section 422
of the Code, such $100,000 limitation shall apply to the aggregate number of
shares for which Incentive Stock Options may be granted under this Plan and all
such other plans.

9.       OPTION AGREEMENTS

         All Options granted pursuant to the Plan shall be evidenced by written
agreements ("Option Agreements"), which shall be executed by the Company and by
the Optionee, in such form or forms and containing such terms and conditions not
inconsistent with the terms of the Plan as the Board shall from time to time
determine. Option Agreements covering Options granted from time to time or at
the same time need not contain similar provisions; PROVIDED, HOWEVER, that all
such Option Agreements shall comply with all terms of the Plan.

10.      OPTION PRICE

         The purchase price of each share of Common Stock subject to an Option
(the "Option Price") shall be fixed by the Board and stated in each Option
Agreement, and subject to the provisions of Section 8(a) above, shall be not
less than one hundred percent (100%) of the fair market value of a share of
Common Stock on the date the Option is granted. If the Common Stock is then
listed on any national securities exchange, the fair market value shall be the
closing price of a share of Common Stock on such exchange on the last trading
day immediately prior to the date of grant; PROVIDED, HOWEVER, that when
granting Incentive Stock Options, the Board shall determine fair market value in
accordance with the provisions of Section 422 of the Code. If the Common Stock
is not listed on any such exchange, the fair market value shall be determined in
good faith by the Board.

11.      TERM AND VESTING OF OPTIONS

         (a) OPTION PERIOD. Subject to the provisions of Sections 8(a) and 14
hereof, each Option granted under the Plan shall terminate and all rights to
purchase shares thereunder shall cease upon the expiration of ten (10) years
from the date such Option is granted, or on such date prior thereto as may be
fixed by the Board and stated in the Option Agreement relating to such Option.

                                      -4-
<PAGE>   5

Notwithstanding the foregoing, the Board may in its discretion, at any time
prior to the expiration or termination of any Option, extend the term of any
such Option for such additional period as the Board in its discretion may
determine; PROVIDED, HOWEVER, that in no event shall the aggregate option period
with respect to any Option, including the initial term of such Option and any
extensions thereof, exceed 10 years.

         (b)      VESTING.

                  (i) INCENTIVE STOCK OPTIONS. Subject to the provisions of
         Section 12(a) and Section 14 hereof, each Agreement will specify the
         vesting schedule applicable to Incentive Stock Options. The Board may
         in its discretion provide that any vesting requirement or other such
         limitation on the exercise of an Incentive Stock Option may be
         rescinded, modified or waived by the Board, in its sole discretion, at
         any time and from time to time after the date of grant of such
         Incentive Stock Option, so as to accelerate the time at which the
         Incentive Stock Option may be exercised.

                  (ii) NON-QUALIFIED STOCK OPTIONS. Subject to the provisions of
         Section 12(a) and Section 14 hereof, each Agreement will specify the
         vesting schedule applicable to non-qualified stock options. The Board
         may in its discretion provide that any vesting requirement or other
         such limitation on the exercise of a non-qualified stock option may be
         rescinded, modified or waived by the Board, in its sole discretion, at
         any time and from time to time after the date of grant of such
         non-qualified stock option, so as to accelerate the time at which the
         non-qualified stock option may be exercised.

         (c) CHANGE IN CONTROL. In the event of a Change in Control (as defined
below), the Board may, in its sole and absolute discretion, provide on a case by
case basis that (a) immediately prior to the effective date of the transactions
giving rise to a Change in Control, the vesting of some or all of the
outstanding Options issued pursuant to an Option Agreement may be accelerated so
that each such Option shall become exercisable without regard to any limitation
on exercise imposed pursuant to the Option Agreement or this Plan, and/or (b)
upon the consummation of the transactions giving rise to the Change in Control,
all outstanding Options under the Plan shall, to the extent not previously
exercised or assumed by the successor corporation or its parent company,
terminate and cease to be outstanding. For purposes of the Plan, a "Change in
Control" shall mean (i) a reorganization, merger, consolidation or other form of
corporate transaction or series of transactions, in each case, with respect to
which persons who were the shareholders of the Company immediately prior to such
reorganization, merger or consolidation or other transaction do not, immediately
thereafter, own more than fifty percent (50%) of the combined voting power
entitled to vote generally in the election of directors of the reorganized,
merged or consolidated company"s then outstanding voting securities, (ii) a
liquidation or dissolution of the Company, (iii) the sale, lease, exchange or
other disposition of all or substantially all of the assets of the Company, or
(iv) the acquisition by any person, or any two or more persons acting as a
group, and all affiliates of such person or persons, who prior to such time
owned less than fifty percent (50%) of the combined voting power entitled to

                                      -5-
<PAGE>   6

vote generally in the election of directors, of additional voting power in one
or more transactions, or series of transactions, such that following such
transaction or transactions, such person or group and affiliates beneficially
own fifty percent (50%) or more of the combined voting power entitled to vote
generally in the election of directors. For purposes of the Plan, a "person"
shall mean any person, corporation, partnership, joint venture or other entity
or any group (as such term is defined for purposes of Section 13(d) of the
Exchange Act) and "beneficial ownership" shall be determined in accordance with
Rule 13d-3 under the Exchange Act.

         (d) INITIAL PUBLIC OFFERING. In the event of an Initial Public Offering
of the Company"s Common Stock (as defined below), the Board may, in its sole and
absolute discretion, provide on a case by case basis that some or all
outstanding Options pursuant to an Option Agreement may become immediately
exercisable, without regard to any limitation on exercise imposed pursuant to
this Plan. For purposes of this Plan, the Company shall be deemed to have
completed an "Initial Public Offering" if there is a closing of an underwritten
public offering by the Company pursuant to a registration statement filed and
declared effective under the Securities Act of 1933, as amended, covering the
offer and sale of the Company's Common Stock for the account of the Company.

12.      LIMITATIONS ON EXERCISE, MANNER OF EXERCISE AND PAYMENT

         (a) LIMITATIONS ON EXERCISE. Notwithstanding anything to the contrary
contained in this Plan or in any Option Agreement, no Option shall be
exercisable until the earliest to occur of the following: (a) the Company
completes an Initial Public Offering, (b) there is a Change in Control of the
Company, or (c) five (5) years from the date such Option was granted.

         (b) MANNER OF EXERCISE. An Option that is exercisable hereunder may be
exercised by delivery to the Company on any business day, at its principal
office, addressed to the attention of the person designated by the Company from
time to time as the Stock Option Administrator, of written notice of exercise,
which notice shall specify the number of shares with respect to which the Option
is being exercised, and shall be accompanied by payment in full of the Option
Price of the shares for which the Option is being exercised, by one or more of
the methods provided below. The minimum number of shares of Common Stock with
respect to which an Option may be exercised, in whole or in part, at any time
shall be the lesser of one hundred (100) shares or the maximum number of shares
available for purchase under the Option at the time of exercise.

         (c) PAYMENT. Payment of the Option Price for the shares of Common Stock
purchased pursuant to the exercise of an Option shall be made (i) in cash or in
cash equivalents; (ii) through the tender to the Company of shares of Common
Stock, which shares shall be valued, for purposes of determining the extent to
which the Option Price has been paid thereby, at their fair market value
(determined in the manner described in Section 10 above) on the date of
exercise; (iii) by delivering a written direction to the Company that the Option
be exercised pursuant to a "cashless" exercise/sale procedure (pursuant to which
funds to pay for exercise of the Option are delivered to the Company by a broker
upon receipt of stock certificates from the Company) or a cashless exercise/loan
procedure (pursuant to which the Optionees would obtain a margin loan from a
broker to fund the exercise) through a licensed broker acceptable to the Company

                                      -6-
<PAGE>   7

whereby the stock certificate or certificates for the shares of Common Stock for
which the Option is exercised will be delivered to such broker as the agent for
the individual exercising the Option and the broker will deliver to the Company
cash (or cash equivalents acceptable to the Company) equal to the Option Price
for the shares of Common Stock purchased pursuant to the exercise of the Option
plus the amount (if any) of federal and other taxes that the Company, may, in
its judgment, be required to withhold with respect to the exercise of the
Option; (iv) to the extent permitted by applicable law and agreed to by the
Board in its sole and absolute discretion, by the delivery of a promissory note
of the Optionee to the Company on such terms as the Board shall specify in its
sole and absolute discretion; or (v) by a combination of the methods described
in clauses (i), (ii), (iii) and (iv). Payment in full of the Option Price need
not accompany the written notice of exercise if the Option is exercised pursuant
to the cashless exercise/sale procedure described above. An attempt to exercise
any Option granted hereunder other than as set forth above shall be invalid and
of no force and effect.

         (d) ISSUANCE OF CERTIFICATES. Promptly after the exercise of an Option,
the individual exercising the Option shall be entitled to the issuance of a
certificate or certificates evidencing his ownership of such shares of Common
Stock. An individual holding or exercising an Option shall have none of the
rights of a shareholder until the shares of Common Stock covered thereby are
fully paid and issued to him and, except as provided in Section 18 below, no
adjustment shall be made for dividends or other rights for which the record date
is prior to the date of such issuance.

         (e) EXECUTION OF SHAREHOLDERS" AGREEMENT AS CONDITION TO EXERCISE OF
OPTION. In the event that the Optionee shall desire to exercise all or any
portion of an Option prior to the date on which the Company shall have completed
an Initial Public Offering, the Optionee shall, as a condition precedent to such
Optionee"s right to exercise an Option, execute and deliver a copy of a
shareholders" agreement containing such terms and conditions as may be specified
by the Board from time to time in its sole and absolute discretion, which may
provide, among other things, for restrictions on transfer and voting of Option
Shares and provisions governing the management and control of the Company.

13.      TRANSFERABILITY OF OPTIONS

         (a) INCENTIVE STOCK OPTIONS. No Incentive Stock Option shall be
assignable or transferable by the Optionee to whom it is granted, other than by
will or the laws of descent and distribution.

         (b) NON-QUALIFIED STOCK OPTIONS. Unless otherwise permitted by the
Board in its sole and absolute discretion, no non-qualified stock option shall
be assignable or transferable by the Optionee to whom it is granted, other than
by will or the laws of descent and distribution.

                                      -7-
<PAGE>   8

14.      TERMINATION OF EMPLOYMENT, DEATH, DISABILITY OR BREACH OF RESTRICTIVE
         COVENANTS

         (a) GENERAL. If an Optionee"s employment with or service as a director
of or independent contractor, consultant or sales representative to the Company
or any Parent or Subsidiary terminates for any reason other than Cause (as
defined below), death or "permanent and total disability" (within the meaning of
Section 22(e)(3) of the Code) of such Optionee, Options granted to the Optionee
will expire thirty (30) days following the last day of the Optionee"s employment
with or service as a director of or independent contractor, consultant or sales
representative to the Company or any Parent or Subsidiary, or, if earlier, the
date specified in the Option Agreement. Except as may otherwise be provided in
any Option Agreement, Options will be exercisable only to the extent they are
exercisable on the date the Optionee's employment with or service as a director
of or independent contractor, consultant or sales representative to the Company
or any Parent or Subsidiary terminates.

         (b) CAUSE. Notwithstanding any provisions set forth in this Plan, if
the Company or any Parent or Subsidiary terminates an Optionee"s employment with
or service as a director of or independent contractor, consultant or sales
representative to the Company or any Parent or Subsidiary for Cause (as defined
below), all Options granted to such Optionee pursuant to the Plan shall
terminate upon the date of such termination of employment or service and such
Optionee shall have no further right to purchase shares of Common Stock pursuant
to such Options. For purposes of the Plan, "Cause" means (i) failure or refusal
of the Optionee to perform the duties and responsibilities that the Company or
any Parent or Subsidiary requires to be performed by him, (ii) gross negligence
or willful misconduct by the Optionee in the performance of his duties, (iii)
commission by the Optionee of an act of dishonesty affecting the Company or any
Parent or Subsidiary, or the commission of an act constituting common law fraud
or a felony, or (iv) the Optionee"s commission of an act (other than the good
faith exercise of his business judgment in the exercise of his responsibilities)
resulting in material damages to the Company or any Parent or Subsidiary.
Notwithstanding the above, if an Optionee shall have entered into an employment,
independent contractor, consulting, sales representative or other agreement with
the Company or any Parent or Subsidiary which defines the term "Cause" for
purposes of such agreement,"Cause" for purposes of this Plan shall be defined
pursuant to the definition in such agreement rather than the definition set
forth above. The Board shall determine whether Cause exists for purposes of this
Plan and such determination shall be final, conclusive and binding on the
Optionees.

         (c) DEATH. If an Optionee dies while serving as an employee or director
of or independent contractor, consultant or sales representative to the Company
or any Parent or Subsidiary, all Options exercisable on the date of the
Optionee"s death shall remain exercisable by the executors or administrators or
legatees or distributees of such Optionee's estate at any time within one (1)
year after the date of such Optionee's death, or if earlier, the date specified
in the Option Agreement pursuant to Section 11(a) above, to exercise such
Options in whole or in part.

                                      -8-
<PAGE>   9

         (d) DISABILITY. If an Optionee's employment with or service as a
director of or independent contractor, consultant or sales representative to the
Company or any Parent or Subsidiary is terminated by reason of the "permanent
and total disability" (within the meaning of Section 22(e)(3) of the Code) of
such Optionee, then all Options exercisable on the date of the termination of
the Optionee's employment or service shall remain exercisable by Optionee at any
time within one (1) year after such termination of employment or service, or if
earlier, the date specified in the Option Agreement pursuant to Section 11(a)
above, to exercise such Options in whole or in part. Whether a termination of
employment or service is to be considered by reason of "permanent and total
disability" for purposes of this Plan shall be determined by the Board, which
determination shall be final, conclusive and binding on the Optionees.

15.      USE OF PROCEEDS

         The proceeds received by the Company from the sale of Common Stock upon
exercise of Options granted under the Plan shall constitute general funds of the
Company.

16.      REQUIREMENTS OF LAW

         (a) VIOLATIONS OF LAW. The Company shall not be required to sell or
issue any shares of Common Stock upon exercise of any Option if the sale or
issuance of such shares would constitute a violation by the individual
exercising the Option or the Company of any provisions of any law or regulation
of any governmental authority, including without limitation, any federal or
state securities laws or regulations. Any determination in this connection by
the Board shall be final, conclusive and binding on the Optionees. The Company
shall not be obligated to take any affirmative action in order to cause the
exercise of an Option or the issuance of shares pursuant thereto to comply with
any law or regulation of any governmental authority.

         (b) REGISTRATION. At the time of any exercise of any Option, the
Company may, if it shall determine it necessary or desirable for any reason,
require the Optionee (or his or her heirs, legatees or legal representative, as
the case may be), as a condition to the exercise thereof, to deliver to the
Company a written representation of present intention to purchase the shares for
his or her own account as an investment and not with a view to, or for sale in
connection with, the distribution of such shares, except in compliance with
applicable federal and state securities laws with respect thereto. In the event
such representation is required to be delivered, an appropriate legend may be
placed upon each certificate delivered to the Optionee (or his or her heirs,
legatees or legal representative, as the case may be) upon his or her exercise
of all or any portion of the Option and a stop transfer order may be placed with
the transfer agent. Each Option shall also be subject to the requirement that,
if at any time the Company determines, in the discretion of the Board, that the

                                      -9-
<PAGE>   10

listing, registration or qualification of the shares subject to the Option upon
any securities exchange or under any state or federal law, or the consent or
approval of any governmental regulatory body is necessary or desirable as a
condition of or in connection with, the issuance or purchase of the shares
thereunder, the Option may not be exercised in whole or in part unless such
listing, registration, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the Company in its
sole discretion. The Company shall not be obligated to take any affirmative
action in order to cause the exercisability or vesting of an Option or to cause
the exercise of an Option or the issuance of shares pursuant thereto to comply
with any law or regulation of any governmental authority.

         (c) WITHHOLDING. The Board may make such provisions and take such steps
as it may deem necessary or appropriate for the withholding of any taxes that
the Company is required by any law or regulation of any governmental authority,
whether federal, state or local, domestic or foreign, to withhold in connection
with the exercise of any Option, including, but not limited to: (i) the
withholding of delivery of shares of Common Stock upon exercise of Options until
the holder reimburses the Company for the amount the Company is required to
withhold with respect to such taxes, (ii) the canceling of any number of shares
of Common Stock issuable upon exercise of such Options in an amount sufficient
to reimburse the Company for the amount it is required to so withhold, or (iii)
withholding the amount due from any such person"s wages, compensation, fees or
other amounts due such person.

         (d) GOVERNING LAW. This Plan shall be governed by, and construed and
enforced in accordance with, the laws of the State of Florida.

17.      AMENDMENT AND TERMINATION OF THE PLAN

         The Board may, at any time and from time to time, amend, suspend or
terminate the Plan as to any shares of Common Stock as to which Options have not
been granted; PROVIDED, HOWEVER, that the approval by a majority of the votes
present and entitled to vote at a duly held meeting of the shareholders of the
Company at which a quorum representing a majority of all outstanding voting
stock is, either in person or by proxy, present and voting on the amendment, or
by written consent in accordance with applicable state law and the Articles of
Incorporation and By-Laws of the Company shall be required for any amendment (i)
that changes the requirements as to Eligible Individuals to receive Options
under the Plan, (ii) that increases the maximum number of shares of Common Stock
in the aggregate that may be sold pursuant to Options that are granted under the
Plan (except as permitted under Section 18 hereof), or (iii) if approval of such
amendment is necessary to comply with federal or state law (including without
limitation Rule 162(m) of the Code and Rule 16b-3 under the Exchange Act) or
with the rules of any stock exchange or automated quotation system on which the
Common Stock may be listed or traded. Except as permitted under Section 18
hereof, no amendment, suspension or termination of the Plan shall, without the
consent of the holder of the Option, alter or impair rights or obligations under
any Option theretofore granted under the Plan.

                                      -10-
<PAGE>   11

18.      EFFECT OF CHANGES IN CAPITALIZATION

         (a) RECAPITALIZATION. Subject to Section 11(c) above, if the
outstanding shares of Common Stock are increased or decreased or changed into or
exchanged for a different number or kind of shares or other securities of the
Company by reason of any recapitalization, reclassification, reorganization
(other than as described in Section 18(b) below), stock split, reverse split,
combination of shares, exchange of shares, stock dividend or other distribution
payable in capital stock of the Company, or other increase or decrease in such
shares effected without receipt of consideration by the Company, occurring after
the Effective Date, an appropriate and proportionate adjustment shall be made by
the Board (i) in the aggregate number and kind of shares of Common Stock
available under the Plan, (ii) in the number and kind of shares of Common Stock
issuable upon exercise of outstanding Options granted under the Plan, and (iii)
in the Option Price per share of outstanding Options granted under the Plan.

         (b) REORGANIZATION. Subject to Section 11(c) above, in connection with
a merger, consolidation, reorganization or other business combination of the
Company with one or more other entities in which the Company is not the
surviving entity, each then outstanding Option shall upon exercise thereafter
entitle the holder thereof to such number of shares of Common Stock or other
securities or property to which a holder of shares of Common Stock would have
been entitled to upon such merger, consolidation, reorganization or other
business combination.

         (c) DISSOLUTION OR LIQUIDATION. Upon the dissolution or liquidation of
the Company, the Plan and all Options outstanding hereunder shall terminate. In
the event of any termination of the Plan under this Section 18(c), each
individual holding an Option shall have the right, immediately prior to the
occurrence of such termination and during such reasonable period as the Board in
its sole discretion shall determine and designate, to exercise such Option in
whole or in part, whether or not such Option was otherwise exercisable at the
time such termination occurs and without regard to any vesting or other
limitation on exercise imposed pursuant to Section 11(b) above.

         (d) ADJUSTMENTS. Adjustments under this Section 18 related to stock or
securities of the Company shall be made by the Board, whose determination in
that respect shall be final, conclusive and binding on the Optionees. No
fractional shares of Common Stock or units of other securities shall be issued
pursuant to any such adjustment, and any fractions resulting from any such
adjustment shall be eliminated in each case by rounding downward to the nearest
whole share or unit.

         (e) NO LIMITATIONS. The grant of an Option pursuant to the Plan shall
not affect or limit in any way the right or power of the Company to make
adjustments, reclassifications, reorganizations or changes of its capital or
business structure or to merge, consolidate, dissolve or liquidate, or to sell
or transfer all or any part of its business or assets.

                                      -11-
<PAGE>   12

19.      DISCLAIMER OF RIGHTS

         No provision in the Plan or in any Option granted or Option Agreement
entered into pursuant to the Plan shall be construed to confer upon any
individual the right to remain an employee or director of or an independent
contractor, consultant or sales representative to the Company or any Parent or
Subsidiary or to interfere in any way with the right and authority of the
Company or any Parent or Subsidiary either to increase or decrease the
compensation of any individual, including any Option holder, at any time, or to
terminate his employment with or service as a director of or independent
contractor, consultant or sales representative to the Company or any Parent or
Subsidiary or to terminate any other relationship between any individual and the
Company or any Parent or Subsidiary. A holder of an Option shall not be deemed
for any purpose to be a Shareholder of the Company with respect to such Option
except to the extent that such Option shall have been exercised with respect
thereto and, in addition, a stock certificate shall have been issued theretofore
and delivered to the holder. No adjustment shall be made for dividends (ordinary
or extraordinary, whether in cash, securities or other property) or
distributions or other rights for which the record date is prior to the date
such stock certificate is issued, except as expressly provided in Section 18
hereof.

20.      NONEXCLUSIVITY OF THE PLAN

         The adoption of the Plan shall not be construed as creating any
limitations upon the right and authority of the Board to adopt such other
incentive compensation arrangements (which arrangements may be applicable either
generally to a class or classes of individuals or specifically to a particular
individual or individuals) as the Board in its discretion determines desirable,
including, without limitation, the granting of stock options or stock
appreciation rights otherwise than under the Plan.

21.      SEVERABILITY

         If any provision of the Plan or any Option Agreement shall be
determined to be illegal or unenforceable by any court of law in any
jurisdiction, the remaining provisions hereof and thereof shall be severable and
enforceable in accordance with their terms, and all provisions shall remain
enforceable in any other jurisdiction.

22.      NOTICES

         Any communication or notice required or permitted to be given under the
Plan shall be in writing, and mailed by registered or certified mail or
delivered by hand, if to the Company, to its principal place of business and
addressed to the attention of the person designated by the Company from time to
time as the Stock Option Administrator, and if to the holder of an Option, to
the address as appearing on the records of the Company.

                                      -12-

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