Document:

<PAGE>

                                                                    Exhibit 10.2

                               AMENDING AGREEMENT

            THIS AGREEMENT made as of the 1/st/ day of March, 2000

BETWEEN:

                                UNIVERSE2U INC.
                        (formerly 1348485 Ontario Inc.)
                       a corporation incorporated under
                      the laws of the Province of Ontario

                              (the "Purchaser"),
                                                              OF THE FIRST PART;
                                    - and -

                          BERNIE TAN INVESTMENTS INC.
                         O/A CABLE TEC COMMUNICATIONS
                          a corporation incorporated
                   under the laws of the Province of Ontario

                               (the "Company"),
                                                             OF THE SECOND PART;
                                    - and -

                            BERNARD KRIS TANUNAGARA
                    of the Town of Whitchurch-Stoufville in
                       the Regional Municipality of York

                                   -  and -

                             BARBARA J. TANUNAGARA
                    of the Town of Whitchurch-Stoufville in
                       the Regional Municipality of York

                                     -and-

                               EDWARD TANUNAGARA
                         of the Town of Pickering, in
                      the Regional Municipality of Durham

                        (collectively, the "Vendors"),
                                                              OF THE THIRD PART;
<PAGE>

                                      -2-

     WHEREAS the Purchaser, the Company and the Vendors entered into a Share
Purchase Agreement dated January 25, 2000 (the "Share Purchase Agreement")
whereby the Purchaser agreed to purchaser from the Vendors all of the
outstanding shares in the capital of the Company;

     AND WHEREAS the parties wish to make certain amendments to the Share
Purchase Agreement;

     NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual
covenants and agreements herein contained and of other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto covenant and agree with each other to amend the Share Purchase
Agreement as follows:

1.   Section 1.1(e) of the Share Purchase Agreement is deleted in its entirety
     and replaced with the following:

     (e)   "Closing Date" means March 1, 2000 or such other date as the Vendors
           and Purchaser may agree upon;

2.  The following is inserted between 1.1(m) and 1.1(n) of the Share Purchase
     Agreement:

     (m.1) "Escrow Date" means the earlier of April 30, 2000 and the Business
           Day immediately prior to the Option Record Date;

3.   The following is inserted between 1.1(y) and 1.1(z) of the Share Purchase
     Agreement:

     (y.1) "Option Agreement" means the form of option agreement attached
           hereto as Exhibit "D";

     (y.2) "Option Record Date" means the Option Record Date as defined in the
           Option Agreement;

     (y.3) "Business Day" means a day other than a Saturday, Sunday or other
           day on which commercial banks in Toronto, Ontario are authorized or
           required by law to close.

4.   The following is inserted between sections 2.3 and 2.4 of the Share
     Purchase Agreement:

     2.3.1 Escrow Closing.

     On the Closing Date, the purchase and sale contemplated herein shall be
     completed in escrow.  All closing conditions shall be satisfied except for
     the payment of the Purchase Price.  All closing documents shall be held in
     escrow until the earlier of
<PAGE>

                                      -3-

     the payment of the Purchase Price in accordance with section 2.4 and the
     Escrow Date.

5.   Section 2.4 of the Share Purchase Agreement is deleted in its entirety and
     replaced with the following:

     2.4  Payment of Purchase Price.

     The Purchase Price will be paid as follows:

     (1)  upon the execution of this Agreement by all of the parties hereto, the
          Purchaser will pay the sum of $100,000 (the "Deposit"), by certified
          cheque or bank draft, to the Vendors' solicitors, in trust for the
          Purchaser, as a deposit.  The Deposit will be deposited by the
          Vendors' solicitors in an interest bearing account of a Canadian
          chartered bank or trust company in the City of Vaughan and will be
          dealt with in accordance with the following provisions:

          (a)  if the purchase and sale of the Purchased Shares is completed on
               or before the Escrow Date, the Deposit plus all interest earned
               thereon will be released from trust and applied toward
               satisfaction of the Purchase Price;

          (b)  subject to section 2.4(1)(c) below, if the purchase and sale of
               the Purchased Shares is not completed on or before the Escrow
               Date, the Deposit plus all interest earned thereon will be
               released from trust and returned to the Purchaser; and

          (c)  if the purchase and sale of the Purchased Shares is not completed
               due:

               (i)  to the failure of the Purchaser to satisfy any of the
                    conditions set out in sections 6.3(1) or (3) hereof, or

               (ii) to the failure of the Purchaser to secure satisfactory
                    financing to complete the purchase of the Purchased Shares
                    on or before the Escrow Date,

               then the Deposit plus all interest thereon will be released from
               trust and forfeited and paid to the Vendors.

     (2)  On or before the Escrow Date, the Purchaser will pay to the Vendors an
          amount equal to the Purchase Price less the amount of the amount of
          the Deposit and all interest earned thereon, payable in the following
          manner:

          (a)  subject to section 2.5, an amount equal to the Purchase Price,
               less the sum of $75,000 and the amount of the Deposit and all
               interest earned thereon, payable by certified cheque or bank
               draft (the "First
<PAGE>

                                      -4-

               Payment") to the Vendors; and

          (b)  the sum of $75,000 (the "Escrow Funds") payable by certified
               cheque or bank draft to the Vendors' solicitor (the "Escrow
               Agent") to be held in trust on the terms and conditions of the
               Escrow Agreement (the "Second Payment").

6.   The following is inserted following section 2.9 of the of the Share
     Purchase Agreement:

     2.10 Option to Purchase Shares.

          On the Closing Date, the Vendors shall be granted an option to
          purchase shares of the Purchaser pursuant to the terms of the Option
          Agreement.  At the Closing Time, the Vendors shall have received an
          opinion of legal counsel for the Purchaser in a form satisfactory to
          the Vendors and the Vendors' counsel that the shares acquired by the
          Vendor upon exercise of the option granted pursuant to the Option
          Agreement are freely tradable securities.

7.   Section 5.2(2) of the Share Purchase Agreement is deleted in its entirety
     and replaced with following:

     Prior to the Escrow Date the Purchaser shall provide to the Vendor a name
     for the Company, which shall be acceptable to the Ontario Ministry of
     Consumer and Commercial, Relations.  The Purchaser acknowledges that the
     name of the Company shall be changed to the name so provided by the
     Purchaser at the Escrow Date at the Purchaser's sole cost and expense.

8.   The following is inserted following section 5.1(11) of the of the Share
     Purchase Agreement:

     (12) Expenditure Post-Closing.  Subsequent to the Closing Date and until
          the earlier of the Escrow Date and the date of payment by the
          Purchaser of the Purchase Price in accordance with section 2.4, the
          Company shall not make any expenditures without the prior approval of
          the Purchaser and the Company shall appoint a nominee of the Purchaser
          as a required co-signatory on all cheques issued by the Company.

9.   The following is inserted following section 5.1(2) of the of the Share
     Purchase Agreement:

     (3)  Option Agreement.  At the Closing Time, the Purchaser will execute and
          deliver to the Vendors the Option Agreement in the form of the
          agreement attached hereto as Exhibit "D".
<PAGE>

                                      -5-

10   Section 6.1(4) of the of the Share Purchase Agreement is deleted in its
     entirety and replaced with following:

     Financing.  The Purchaser shall have secured satisfactory financing on or
     before the Escrow Date to complete the purchase of the Purchased Shares as
     contemplated by this Agreement.

11.  The list of Exhibits on page 46 of the Share Purchase Agreement is amended
     to include "Exhibit D" which exhibit shall be titled "Option Agreement".
     The form of Exhibit D shall be the form attached hereto as Exhibit D.

12.  Where this Agreement conflicts with the provisions of the Share Purchase
     Agreement, the provisions of this Agreement shall take precedent.

13.  This Agreement may be executed in several counterparts, each of which so
     executed shall be deemed to be an original, and such counterparts together
     shall constitute but one and the same instrument.

14.  All other provisions of the Share Purchase Agreement remain in force and
     effect except where amended by this Agreement.

IN WITNESS WHEREOF this agreement has been executed by the parties hereto as of
the date first above written.

SIGNED, SEALED & DELIVERED    )
in the presence of:           )
                              )     Universe2U Inc.
                              )
                              )
                              ) Per:/s/ Angelo Boujos      c/s
                              )     --------------------------
                              )     A.S.O.
                              )
                              )
                              )     Bernie Tan Investments Inc.
                              )
                              ) Per: /s/ Bernard Tanunagara c/s
                              )     --------------------------
                              )     A.S.O.
                              )
/s/ Michael Carli             )     /s/ Bernard Tanunagara
__________________            )     --------------------------
Witness                       )     Bernard Tanunagara
                              )
/s/ Michael Carli             )     /s/ Barbara Tanunagara
__________________            )     --------------------------
Witness                       )     Barbara Tanunagara
                              )
/s/ Michael Carli             )     /s/ Edward Tanunagara
__________________            )     --------------------------
Witness                       )     Edward Tanunagara<PAGE>

                                                                    Exhibit 10.3

                           SECOND AMENDING AGREEMENT

            THIS AGREEMENT made as of the 31/st/ day of May, 2000.

BETWEEN:

                                UNIVERSE2U INC.
                        (formerly 1348485 Ontario Inc.)
                       a corporation incorporated under
                      the laws of the Province of Ontario

                              (the "Purchaser"),
                                                              OF THE FIRST PART;
                                    - and -

                          BERNIE TAN INVESTMENTS INC.
                         O/A CABLE TEC COMMUNICATIONS
                          a corporation incorporated
                   under the laws of the Province of Ontario

                               (the "Company"),
                                                             OF THE SECOND PART;
                                    - and -

                            BERNARD KRIS TANUNAGARA
                    of the Town of Whitchurch-Stoufville in
                       the Regional Municipality of York

                                   -  and -

                             BARBARA J. TANUNAGARA
                    of the Town of Whitchurch-Stoufville in
                       the Regional Municipality of York

                                     -and-

                               EDWARD TANUNAGARA
                         of the Town of Pickering, in
                      the Regional Municipality of Durham

                        (collectively, the "Vendors"),
                                                              OF THE THIRD PART;
<PAGE>

                                      -2-

     WHEREAS the Purchaser, the Company and the Vendors entered into a Share
Purchase Agreement dated January 25, 2000 (the "Share Purchase Agreement"), as
amended by an Amending Agreement dated March 1, 2000 (the "First Amending
Agreement") whereby the Purchaser agreed to purchaser from the Vendors all of
the outstanding shares in the capital of the Company;

     AND WHEREAS the parties wish to make certain further amendments to the
Share Purchase Agreement;

     NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual
covenants and agreements herein contained and of other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto covenant and agree with each other to amend the Share Purchase
Agreement as follows:

1.   Section 1.1(e) of the Share Purchase Agreement is deleted in its entirety
     and replaced with the following which shall also replace the section 1.1(e)
     provided for by the First Amending Agreement:

     (e)   "Closing Date" means May 31, 2000 or such other date as the Vendors
           and Purchaser may agree upon;

2.   The following is inserted between 1.1(m) and 1.1(n) of the Share Purchase
     Agreement and shall replace the section 1.1(m.1) provided for by the First
     Amending Agreement:

     (m.1) "Escrow Date" means June 9, 2000.

3.   The following is inserted between 1.1(y) and 1.1(z) of the Share Purchase
     Agreement and shall replace the sections 1.1(y.1)-(y.3) provided for by the
     First Amending Agreement:

     (y.1) "Option Agreement" means the form of option agreement attached
           hereto as Exhibit "D";

     (y.2) "Business Day" means a day other than a Saturday, Sunday or other day
           on which commercial banks in Toronto, Ontario are authorized or
           required by law to close.

4.   Section 2.4 of the Share Purchase Agreement is deleted in its entirety and
     replaced with the following which shall also replace the section 2.4
     provided for by the First Amending Agreement:

     2.4   Payment of Purchase Price.

     The Purchase Price will be paid as follows:
<PAGE>

                                      -3-

     (1)  upon the execution of this Agreement by all of the parties hereto, the
          Purchaser will pay the sum of $100,000 (the "Deposit"), by certified
          cheque or bank draft, to the Vendors' solicitors, in trust for the
          Purchaser, as a deposit.  The Deposit will be deposited by the
          Vendors' solicitors in an interest bearing account of a Canadian
          chartered bank or trust company in the City of Vaughan and will be
          released together with all interest on May *, 2000.

     (2)  On or before the Escrow Date, the Purchaser will pay to the Vendors an
          amount equal to the Purchase Price less the amount of the amount of
          the Deposit and all interest earned thereon, payable in the following
          manner:

          (a)  subject to section 2.5, an amount equal to the Purchase Price,
               less the sum of $75,000 and the amount of the Deposit and all
               interest earned thereon, payable by certified cheque or bank
               draft (the "First Payment") to the Vendors; and

          (b)  the sum of $75,000 (the "Escrow Funds") payable by certified
               cheque or bank draft to the Vendors' solicitor (the "Escrow
               Agent") to be held in trust on the terms and conditions of the
               Escrow Agreement (the "Second Payment").

5.   The following is inserted following section 2.9 of the of the Share
     Purchase Agreement and shall replace the section 2.9 provided for by the
     First Amending Agreement:

     2.10 Option to Purchase Shares.

     On the Closing Date, the Vendors shall be granted an option to purchase
     shares of Universe2U Inc., a Nevada corporation, being the sole shareholder
     of the Purchaser, pursuant to the terms of the Option Agreement.  At the
     Closing Time, the Vendors shall have received an opinion of legal counsel
     for the Purchaser in a form satisfactory to the Vendors and the Vendors'
     counsel that the shares acquired by the Vendor upon exercise of the option
     granted pursuant to the Option Agreement shall be freely tradable after the
     end of the 12th month following the date of the Option Agreement.

6.   Where this Agreement conflicts with the provisions of the Share Purchase
     Agreement and/or the First Amending Agreement, the provisions of this
     Agreement shall take precedent.

7.   This Agreement may be executed in several counterparts, each of which so
     executed shall be deemed to be an original, and such counterparts together
     shall constitute but one and the same instrument.

8.   All other provisions of the Share Purchase Agreement remain in force and
     effect except where amended by this Agreement or the First Amending
     Agreement.
<PAGE>

                                      -4-

IN WITNESS WHEREOF this agreement has been executed by the parties hereto as of
the date first above written.

SIGNED, SEALED & DELIVERED    )
in the presence of:           )
                              )       Universe2U Inc.
                              )
                              )
                              )   Per: /s/ Angelo Boujos       c/s
                              )       ----------------------------
                              )       A.S.O.
                              )
                              )       Bernie Tan Investments Inc.
                              )
                              )   Per: /s/ Bernard Tanunagara  c/s
                              )       ----------------------------
                              )       A.S.O.
                              )
                              )
/s/ Michael Carli             )       /s/ Bernard Tanunagara
__________________________    )       --------------------------
Witness                       )       Bernard Tanunagara
                              )
/s/ Michael Carli             )       /s/ Barbara Tanunagara
__________________________    )       --------------------------
Witness                       )       Barbara Tanunagara
                              )
/s/ Michael Carli             )       /s/ Edward Tanunagara
__________________________    )       --------------------------
Witness                       )       Edward Tanunagara

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