Document:

EMPLOYMENT AGREEMENT

         EMPLOYMENT AGREEMENT, dated as of May 1, 1997, by and between Worldwide
Equipment Corp., a Florida corporation (the "Company"), and Mitch Hymowitz, an
individual residing at 11 Genesee Trail, Harrison, New York 10528 (the
"Executive").

                              W I T N E S S E T H :
                               - - - - - - - - - -

         WHEREAS, the Company and the Executive wish to enter into an employment
agreement to employ the Executive as Chief Financial Officer.

         NOW, THEREFORE, die parties mutually agree as follows:

         Section 1. Employment. The Company hereby employs Executive and the
Executive hereby accepts such employment, as the Chief Financial officer,
subject to the terms and conditions set forth in this Agreement.

         Section 2. Duties. The Executive shall serve as the Chief Financial
Officer and shall be the senior executive responsible for
_________________________. During the term of this Agreement, the Executive
shall devote all of his business time to the performance of his duties hereunder
unless otherwise authorized by the Chief Executive officer of the Company. The
Executive shall report directly to the Chief Executive Officer of the Company.

         Section 3. Term of Employment: Vacation.

                  (a) The term of the Executive's employment shall be for a
period of thirty six (36) months commencing on November 1, 1997 (the "Start
Date"), subject to earlier termination by the parties pursuant to Section 6
hereof (the "Term").

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                  (b) The Executive shall be entitled to three (3) weeks
vacation during year one, three (3) weeks vacation during year two and four (4)
weeks vacation after year three.

         Section 4. Compensation of Executive.

                  4.1 Salary. The Company shall pay to Executive a base salary
of One Hundred Fifty Thousand ($150,000) Dollars per annum subject to an
increase of $15,000 per annum on each annual anniversary of the Start Date (the
"Base Salary"), less such deductions as shall be required to be withheld by
applicable law and regulations. All salaries payable to Executive shall be paid
at such regular weekly, biweekly or semi-monthly time or times as the Company
makes payment of its regular payroll in the regular course of business.

                  4.2 Options. Upon the execution hereof, the Company shall
issue to the Executive options to purchase 200,000 shares of the Company's
Common Stock at $4.00 per share. The options shall be subject to forfeiture in
the event either the Company or the Executive exercise the termination rights
set forth in Section 6(c) hereof.

                  4.3 Expenses. During the Term, the Company shall promptly
reimburse the Executive for all reasonable and necessary travel expenses and
other disbursements incurred by the Executive on behalf of the Company in the
performance of the Executive's duties hereunder, assuming Executive has received
prior approval for such travel expenses and disbursements by the Company to the
extent possible consistent with corporate practices with respect to the
reimbursement of expenses incurred by the Company's employees.

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                  4.4 Benefits. The Executive shall be permitted during the Term
to participate in any hospitalization or disability insurance plans, health
programs, pension plans, bonus plans or similar benefits that may be available
to other executives of the Company (including coverage under any officers and
directors liability insurance policy), subject to such eligibility rules as are
applied to senior managers generally.

         Section 5. Disability of the Executive. If the Executive is
incapacitated or disabled by accident, sickness or otherwise so as to render the
Executive mentally or physically incapable of performing the services required
to be performed under this Agreement for a period of 60 consecutive days or 90
days in any period of 360 consecutive days (a "Disability"), the Company may, at
the time or during the period of such Disability, at its option, terminate the
employment of the Executive under this Agreement immediately upon giving the
Executive written notice to that effect.

         Section 6. Termination.

                  (a) The Company may terminate the employment of the Executive
and all of the Company's obligations under this Agreement at any time for Cause
(as hereinafter defined) by giving the Executive notice of such termination,
with reasonable specificity of the details thereof. "Cause" shall mean (i) the
Executive's wilful misconduct which could reasonably be expected to have a
material adverse effect on the business and affairs of the Company, (ii) the
Executive's disregard of lawful instructions of the Company's Board of Directors
or Chief Executive Officer consistent with the Executive's responsibilities
under this Agreement relating to the business of the

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Company, (iii) or neglect of duties or failure to act, which, in each case,
could reasonably be expected to have a material adverse effect on the business
and affairs of the Company, (iv) the commission by the Executive of an act
constituting common law fraud, or a felony, or criminal act against the Company
or any affiliate thereof or any of the assets of any of them, (v) the
Executive's abuse of alcohol or other drugs or controlled substances, or
conviction of a crime involving moral turpitude, (vi) the Executive's material
breach of any of the agreements contained herein, or (vii) the Executive's death
or resignation hereunder; provided however, that if the Executive resigned as a
result of a material breach by the Company of this Agreement, such resignation
shall not be considered "Cause" hereunder. A termination pursuant to Section
6(a)(i), (ii). (iii), (iv), (v) (other than as a result of a conviction of a
crime involving moral turpitude) or (vi) shall take effect 30 days after the
giving of the notice contemplated hereby unless the Executive shall, during such
30-day period, remedy to the reasonable satisfaction of the Board of Directors
of the Company the misconduct, disregard, abuse or breach specified in such
notice; provided however, that such termination shall take effect immediately
upon the giving of such notice if the Board of Directors of the Company shall,
in its reasonable discretion, have determined that such misconduct, disregard,
abuse or breach is not remediable (which determination shall be stated in such
notice). A termination pursuant to Section 6(a)(v) (as a result of a conviction
of a crime involving moral turpitude) or (vi) shall take effect immediately upon
the giving of the notice contemplated hereby.

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                  (b) The Company or the Executive may terminate the employment
of the Executive and all of the Company's obligations under this Agreement
(except as hereinafter provided) at any time during the Term without Cause by
giving the Executive or the Company, as appropriate, written notice of such
termination, to be effective 15 days following the giving of such written
notice. For convenience of reference, the date upon which any termination of the
employment of the Executive pursuant to Sections 5 or 6 shall be effective shall
be hereinafter referred to as the "Termination Date".

                  (c) The Company or the Executive may terminate the employment
of the Executive for any reason prior to December 1, 1997.

         Section 7. Effect of Termination of Employment.

                  (a) Upon the termination of the Executive's employment for
Cause or a Disability or in accordance with Section 6(c), neither the Executive
nor the Executive's beneficiaries or estate shall have any further rights to
compensation under this Agreement or any claims against the Company arising out
of this Agreement, except the right to receive (i) the unpaid portion of the
Base Salary provided for in Section 4.1, earned through the Termination Date
(the "Unpaid Salary Amount"), and (ii) reimbursement for any expenses for which
the Executive shall not have theretofore been reimbursed, as provided in Section
4.3 (the "Expense Reimbursement Amount").

                  (b) Upon the termination of the Executive's employment for
other than Cause or a Disability, neither the Executive nor the Executive's
beneficiaries or estate shall have any further rights to compensation under this
Agreement or any claims against the Company arising out of this Agreement,
except the Executive shall have the

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<PAGE>

right to receive (i) the Unpaid Salary Amount, (ii) the Expense Reimbursement
Amount, and (iii) severance compensation equal to the salary (including medical
benefits) for three months if the agreement if terminated prior to December 31,
1998, two months if the agreement is terminated prior to December 31, 1999 and
one month is the agreement is terminated after December 31, 1999.

         Section 8. Disclosure of Confidential Information. Executive recognizes
that he has had and will continue to have access to secret and confidential
information regarding the Company, including but not limited to its customer
list, products, know- how, and business plans. Executive acknowledges that such
information is of great value to the Company, is the sole property of the
Company, and has been and will be acquired by him in confidence. In
consideration of the obligations undertaken by the Company herein, Executive
will not, at any time, during or after his employment hereunder, reveal, divulge
or make known to any person, any information acquired by Executive during the
course of his employment, which is treated as confidential by the Company,
including but not limited to its customer list, not otherwise in the public
domain, other than in the ordinary of business during his employment hereunder.
The provisions of this Section 8 shall survive Executive's employment hereunder.

         Section 9. Miscellaneous.

                  9.1 Injunctive Relief. Executive acknowledges that the
services to be rendered under the provisions of this Agreement are of a special,
unique and extraordinary character and that it would be difficult or impossible
to replace such services. Accordingly, Executive agrees that any breach or
threatened breach by him

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of Section 8 of this Agreement shall entitle Company, in addition to all other
legal remedies available to it, to apply to any court of competent jurisdiction
to seek to enjoin such breach or threatened breach. The parties understand and
intend that each restriction agreed to by Executive hereinabove shall be
construed as separable and divisible from every other restriction, that the
unenforceability of any restriction shall not limit the enforceability, in whole
or in part, of any other restriction, and that one or more or all of such
restrictions may be enforced in whole or in part as the circumstances warrant.
In the event that any restriction in this Agreement is more restrictive than
permitted by law in the jurisdiction in which Company seeks enforcement thereof,
such restriction shall be limited to the extent permitted by law.

                  9.2 Assignments. Neither Executive nor the Company may assign
or delegate any of their rights or duties under this Agreement without the
express written consent of the other.

                  9.3 Entire Agreement. This Agreement constitutes and embodies
the full and complete understanding and agreement of the parties with respect to
Executive's employment by Company, supersedes all prior understandings and
agreements, whether oral or written, between Executive and Company, and shall
not be amended, modified or changed except by an instrument in writing executed
by the party to be charged. The invalidity or partial invalidity of one or more
provisions of this Agreement shall not invalidate any other provision of this
Agreement. No waiver by either party of any provision or condition to be
performed shall be deemed a waiver of

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similar or dissimilar provisions or conditions at the same time or any prior or
subsequent time.

                  9.4 Binding Effect. This Agreement shall inure to the benefit
of, be binding upon and enforceable against, the parties hereto and their
respective successors, heirs, beneficiaries and permitted assigns.

                  9.5 Headings. The headings contained in this Agreement are for
convenience of reference only and shall not affect in any way the meaning or
interpretation of this Agreement.

                  9.6 Notices. All notices, requests, demands and other
communications required or permitted to be given hereunder shall be in writing
and shall be deemed to have been duly given when personally delivered, sent by
registered or certified mail, return receipt requested, postage prepaid, or by
private overnight mail service (e.g. Federal Express) to the party at the
address set forth above or to such other address as either party may hereafter
give notice of in accordance with the provisions hereof. Notices shall be deemed
given on the sooner of the date actually received or the third business day
after sending.

                  9.7 Governing Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of New York without giving
effect to such State's conflicts of laws provisions and each of the parties
hereto irrevocably consents to the jurisdiction and venue of the federal and
state courts located in the State of New York, County of New York.

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                  9.8 Counterparts. This Agreement may be executed
simultaneously in two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one of the same instrument.

                  9.9 Separability. If any of the restrictions contained in this
Agreement shall be deemed to be unenforceable by reason of the extent, duration
or geographical scope thereof, or otherwise, then the court making such
determination shall have the right to reduce such extent, duration, geographical
scope, or other provisions hereof, and in its reduced form this Agreement shall
then be enforceable in the manner contemplated hereby.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date set forth above.
                                                WORLDWIDE EQUIPMENT CORP.

                                                By:____________________________
                                                     Name:
                                                     Title:

                                                     ---------------------------
                                                     Mitch Hymowitz

                                        9CONSULTING AGREEMENT
                              --------------------

         THIS CONSULTING AGREEMENT ("Agreement") is made as of the 15th day of
March 2000, by and between Ocean Crest Merchants Group having their principal
business offices in Boca Raton, Florida (the "Consultant') and Worldwide
Equipment Corp., with its principal offices at 599 W. Hartsdale Avenue, White
Plains, NY (the "Company").

                                   WITNESSETH

         WHEREAS, the Company desires to retain the Consultant and the
Consultant desires to be retained by the Company, all pursuant to the terms and
conditions hereinafter set forth;

         NOW, THEREFORE, in consideration of the foregoing and the mutual
promises and covenants herein contained, it is agreed as follows:

         1.       Retention. The Consultant is hereby retained by the Company to
                  perform services related to a possible acquisition or merger
                  and the Consultant hereby accepts such retention and will
                  perform for the Company the duties described herein,
                  faithfully and to the best of its ability.

         2.       Services.

                  a.       The Consultant agrees, to the extent reasonably
                           required in the conduct of the business of the
                           Company, to provide the Company with its judgment and
                           experience with respect to business development
                           services for the Company as it reasonably requests.
                           The services may include, without limitation, the
                           following:

                           i.       assist Company to complete purchase of
                                    e-Possibility.com, Inc.;

                           ii.      assist Company with future mergers and
                                    acquisitions;

                           iii.     assist Company with the conversion of
                                    certain debt and liabilities;

                           iv.      fund $50,000 to provide such assistance in
                                    2(a)(iii);

                           v.       assist Company with shareholder vote, assist
                                    in contacting shareholders;

                           vi.      provide consulting services to all
                                    subsidiaries of the Company; and

                  b.       At the Consultant's request, the Company shall
                           schedule meetings between the Company's management
                           and the Consultants' or other business
                           representatives to introduce the Company and its

<PAGE>

                           operations. The Company shall make key management
                           available to make due diligence presentations at
                           reasonable times and places.

         3.       Term. The Consultant's retention hereunder shall be for a term
                  of one year, commencing on the date of this Agreement, and may
                  be extended by the Company. This Agreement may be terminated
                  by either party upon 30 days written notice to the other
                  party. No termination shall affect the provisions of
                  Paragraphs 4 or 5.

         4.       Compensation. The Consultant shall be compensated in
                  accordance with the following:

                  a.       The Company shall issue to the Consultant and its
                           assignees a promissory note ("Note") for 8,750,000
                           shares of common stock payable according to the terms
                           of the Note.

                  b.       The Consultant shall receive a 5% fee for any fixture
                           merger or acquisition that originated from the
                           introduction, directly or indirectly, by the
                           Consultant.

         5.       Expenses. The Company shall reimburse the Consultant for all
                  direct out-of-pocket expenses incurred by the Consultant in
                  connection with the services rendered hereunder, including but
                  not limited to the Consultant's due diligence activities with
                  respect to the Company.

         6.       Non-exclusive Engagement. The Consultant shall not by this
                  Agreement be prevented or barred from rendering services of
                  the same or similar nature, as herein described, or services
                  of any nature whatsoever for, or on behalf of persons, firms,
                  or corporations other than the Company. Similarly, the Company
                  shall not be prevented or barred from seeking or requiring
                  services of a same or similar nature from any person other
                  than the Consultant.

         7.       Disclaimer of Responsibility for Acts of the Company. The
                  obligations of the Consultant described in this Agreement
                  consist solely of the services described above and do not
                  create a partnership, joint venture or any type of agency
                  relationship between the Company and the Consultant. In no
                  event shall Consultant be required by this Agreement to act as
                  the agent of the Company or otherwise to represent or make
                  decisions for the Company. All final decisions with respect to
                  acts of the Company or its affiliates, whether or not made
                  pursuant to or in reliance on information or advice furnished
                  by the Consultant hereunder, shall be those of the Company or
                  such affiliates and the Consultant shall under no
                  circumstances be liable for any expenses incurred or loss
                  suffered by the Company as a consequence of such decisions.

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         8.       Amendment. No amendment to this Agreement shall be valid
                  unless such amendment is in writing and is signed by
                  authorized representatives of all the parties to this
                  Agreement.

         9.       Waiver. Any of the terms and conditions of this Agreement may
                  be waived at any time and from time to time in writing by the
                  party entitled to the benefit thereof, but a waiver in one
                  instance shall not be deemed to constitute a waiver in any
                  other instance. A failure to enforce any provision of this
                  Agreement shall not operate as a waiver of this provision or
                  of any other provision hereof.

         10.      Severability. In the event that any provision of this
                  Agreement shall be hold to be invalid, illegal, or
                  unenforceable in any circumstances, the remaining provisions
                  shall nevertheless remain in full force and effect and shall
                  be construed as if the unenforceable portion or portions were
                  deleted.

         11.      Assignment. This Agreement shall be binding upon and inure to
                  the benefit of the parties and their respective successors and
                  permitted assigns. Any attempt by either party to assign any
                  rights, duties, or obligations that may arise under this
                  Agreement without the prior written consent of the other party
                  shall be void.

         12.      Governing Law. The validity, interpretation and construction
                  of this Agreement and each part thereof will be governed by
                  the laws of the State of Florida without reference to its
                  conflicts of laws, rules or principles.

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

         14.      Arbitration. The parties agree that all controversies which
                  may arise between them concerning any transaction, the
                  construction, performance or breach of this Agreement between
                  them shall be determined by arbitration before a panel of
                  three arbitrators, held in Fort Lauderdale, Florida, in
                  accordance with the rules of the NASD. This shall inure to and
                  be binding on the Company, its officers, directors, registered
                  representatives, agents, independent contractors, employees,
                  sureties, and any person acting on its behalf in relation to
                  acting subject to this Agreement. Any award rendered in
                  arbitration may be enforced in any court of competent
                  jurisdiction, and the party against whom the award is rendered
                  shall pay attorneys' fees and costs of the party to whom the
                  award is made.

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         15.      Interpretation. The parties hereto acknowledge and agree that
                  (a) the rule of construction to the effect that any
                  ambiguities are resolved against the drafting party shall not
                  be employed in the interpretation of this Agreement, and (b)
                  the terms and provisions of this Agreement shall be construed
                  fairly as to all parties hereto and not in favor of or against
                  any party, regardless of which party was generally responsible
                  for the preparation of this Agreement.

         16.      Headings and Captions. The headings and captions of the
                  various subdivisions of this Agreement are for convenience of
                  reference only and shall in no way modify, or affect, or be
                  considered in construing or interpreting the meaning or
                  construction of any of the terms or provisions hereof.

         17.      Notices. All notices, requests, consents, and other
                  communications hereunder shall be in writing, shall be
                  addressed to the receiving party's address set forth below or
                  to such other address as the party may designate by notice
                  hereunder, and shall be either (a) delivered by hand, (b) sent
                  by recognized overnight courier, (c) sent by facsimile
                  transmission, or (d) sent by registered or certified mail,
                  return receipt requested, postage prepaid.

                  If to the Consultant:
                           Ocean Crest Merchants Group
                           2600 N. Military Trail, Suite 206
                           Boca Raton, FL 33431

                          -------------

                  If to the Company:
                           Mitch Hymowitz
                           Worldwide Equipment Corp.
                           599 W. Hartsdale Ave., Suite 201
                           White Plains, NY 10607

                           -------------

                  All notices, requests, consents and other communications
                  hereunder shall, be deemed to have been given (i) if by hand,
                  at the time of delivery thereof to the receiving party at the
                  address of such party set forth above, (ii) if sent by
                  overnight courier, on the next business day following the day
                  such notice is delivered to the courier service, (iii) sent by
                  facsimile transmission, at the time the receipt thereof has
                  been acknowledged by electronic confirmation of otherwise, or
                  (iv) if sent by registered of certified mail, on the fifth
                  business day following the day such mailing is sent. The
                  address of any party herein may be changed at any time by
                  written notice to the parties in accordance with the preceding
                  provisions.

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         18.      Total Agreement. This Agreement contains all of the agreements
                  of the parties with respect to the subject matter hereof and
                  supersedes all prior oral or written agreements and
                  understandings relating to the subject matter hereof. No
                  statement, representation, warranty, covenant or agreement of
                  any kind or nature not expressly set forth in this Agreement
                  shall affect, or can be used to interpret, change or restrict
                  the express terms and provisions of this agreement. This
                  agreement shall not be modified or amended unless agreed to in
                  writing by all parties.

         Worldwide Equipment Corp.

         /s/ Mitchell Hymowitz
         ------------------------------
         Mitchell Hymowitz
         President

         ACCEPTED AND AGREED:
         Ocean Crest Merchants Group

         /s/ Elliot Loewenstern
         -----------------------------
         Elliot Loewenstern
         President

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