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                                                                   EXHIBIT 10.15

     This Agreement is executed between Pauline Chu Wai Man Of Apt 1C, 37 Island
Road, Deep Water Bay, Hong Kong ("the Executive) and Supply Chain Services
Limited, a company incorporated in Hong Kong with registered number 669329 whose
registered office is at 31 View Henry House, 10 Ice House Street, Central, Hong
Kong ("the Company"), as of the last date indicated below upon which it has been
executed by both parties.

     This Agreement is made with reference to the following facts:

     A.   The Executive and the Company entered into an agreement dated 20 March
          1999 ("the Employment Agreement") by which the, Company has employed
          the Executive in the capacity of Business Development Manager of the
          Company.

     B.   Pursuant to the Employment Agreement, the, Executive is entitled to
          receive from the Company the basic salaries in the sum of HK$585,000
          for services rendered in the period from I January 2000 to 31 December
          2000. The Executive, however, has only received from the Company basic
          salaries in the sum of HK$273,000 in the said period leaving the basic
          salaries of HK$312,000 unpaid ("the Unpaid Salaries").

     C.   The Executive and the Company desire to fully and finally resolve by
          this Agreement all claims, payments or other matters arising out of or
          in connection with the Unpaid Salaries.

     THEREFORE, the parties agree, in consideration of the mutual agreements
herein contained. as follows:

     1.   The Executive, for and on behalf of herself and her personal
          representatives, successors and assigns, does hereby waive, release
          and forever discharge the Company and its successors and assigns from
          any and all claims, rights, benefits, interests, costs, expenses,
          damages, and actions, of whatever kind or nature, whether in law or in
          equity, whether known or unknown, which the Executive has had, may now
          have or may hereafter have against the Company for or by reason of any
          occurrence, matter or thing through and including the date hereof
          which arises out of or in connection with any of the Unpaid Salaries.

     2.   Without prejudice to the generality of the foregoing, it is expressly
          agreed and accepted by each of the parties to this Agreement that this
          Agreement is and is intended to be a general release of all claims of
          the Executive in respect of the subject matter of this Agreement
          including those claims which the Executive did not know or suspect to
          exist in her favour at the time of executing this Agreement, even if
          such claim, if they had been known to her, could have affected the
          terms of the settlement reached between the parties as contained in
          this Agreement. To the extent that legislation or any principles of
          law might provide otherwise than the first sentence of this clause,
          such legislation and principles are (to the extent permitted by law)
          hereby expressly waived and excluded by the Executive who admit to
          full knowledge and understanding of the consequences and effect of
          such waiver and exclusion.

     3.   The Executive warrants to the Company that she has not assigned,
          charged or in any other way dealt with or disposed or purported to
          deal with her rights or interests in the Unpaid Salaries.

     4.   In the event that any provision of this Agreement should be held void,
          voidable or unenforceable, the remaining portions shall remain in full
          force and effect.
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     5.   This Agreement contains the entire agreement of the parties to settle
          the Unpaid Salaries referred to herein, and expresses the entire
          agreement between the parties in relation to the subject matter of
          this Agreement.

     6.   This Agreement shall be effective when each party has executed it.

     7.   This Agreement shall inure to the benefit of, and shall be binding
          upon, the successors and assigns of the parties hereto, and each of
          them.

     8.   For the avoidance of doubt, it is hereby declared and confirmed that
          save as herein otherwise provided in this Agreement, all the terms and
          conditions of the Employment Agreement shall continue in full force
          and effect.

     9.   This Agreement shall be construed and enforced in accordance with the
          laws of Hong Kong.

Signed, Scaled and Delivered            )
By Pauline Chu Wai Man                  )
in the presence of:-                    )       /s/ Pauline Chu Wai Man
                                                -----------------------

Dated:

SEALED with the COMMON SEAL of          )
Supply Chain Services Limited           )
Thomas Chu Yan Chuen                    )
in the presence of: -                   )       /s/ Thomas Chu Yan Chuen
                                                ------------------------

Dated:<PAGE>   1
                                                                   EXHIBIT 10.16

     THIS SUBORDINATION AGREEMENT is made the 31 day of December 2000

     BETWEEN

     (1)  SUPPLY CHAIN SERVICES LIMITED whose registered office is situate at 31
          New Henry House, 10 Ice House Street, Central, Hong Kong ("the
          Borrower"); and

     (2)  GI-TECH DEVELOPMENTS LIMITED whose registered office is situate at
          P.O. Box 957, Offshore Incorporation Centre, Road Town, Tortola,
          British Virgin Islands ("the Subordinated Lender").

     WHEREAS:-

     (1)  The Subordinated Lender is a shareholder of Supply Chain Services Inc.
          which is a company incorporated in the United States of America and
          holding beneficially 100% of the issued and paid-up share capital of
          the Borrower.

     (2)  The Borrower is presently indebted to the Subordinated Lender in the
          sum not less than HK$78,738.69. All sums for which the Borrower is
          presently indebted and may hereafter become indebted to the
          Subordinated Lender are hereinafter called the "Subordinated
          Indebtedness".

     NOW THIS SUBORDINATION AGREEMENT WITNESSETH AND IT IS HEREBY AGREED as
follows:-

1.   INTERPRETATION

     1.1  Words importing the singular number only shall include the plural and
          vice versa and words importing any gender shall include every gender
          and words importing persons shall include firms and corporations.

     1.2  References to Clauses shall (save where otherwise expressly stated) be
          construed as references to the Clauses of this Subordination
          Agreement. Clause headings are inserted for convenience of reference
          only and shall be ignored in the interpretation of this Subordination
          Agreement.

2.   SUBORDINATION OF SUBORDINATED INDEBTEDNESS

     2.1  The Borrower and the Subordinated Lender acknowledge to and agree with
          each other that for so long as the Secured Indebtedness remains
          outstanding, this Subordination Agreement and all the terms,
          covenants, conditions and stipulations herein contained will continue,
          and the Subordinated Indebtedness is and shall be subject to the
          following terms and conditions:-

          (a)  the Subordinated Indebtedness shall not be subject to payment of
               interest (although interest may accrue thereon);

          (b)  the Subordinated Indebtedness shall not be repayable or repaid in
               whole or in part, except in the event of any proceedings
               analogous to the winding-up, liquidation or dissolution of the
               Borrower; and
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          (c)  the Subordinated Indebtedness is and shall remain unsecured by
               any mortgage, charge, debenture or other security of any kind
               over the whole or any part of the assets of the Borrower and is
               not and shall not be capable of becoming subject to any right of
               set-off or counterclaim.

     2.2  Save with the exception provided in the preceding Clause 2.1(b), the
          Subordinated Lender shall not demand or require or institute any
          actions or proceedings of any kind for or take any other steps
          whatsoever to obtain or with a view to obtaining any repayment or
          payment of or in respect of the Subordinated Indebtedness, or any part
          thereof.

     2.3  The Borrower shall not (except in the event of any proceedings
          analogous to the winding-up, liquidation or dissolution of the
          Borrower) make any repayment of or payment of or in respect of the
          Subordinated Indebtedness, or any part thereof, to the Subordinated
          Lender.

     2.4  Neither the Subordinated Lender nor the Borrower shall (without the
          prior written consent of the other party) assign or purport to assign
          the Subordinated Indebtedness to third party.

3.   ASSIGNABILITY

     This Subordination Agreement is not capable of assignment in whole or in
part except with the prior consents in writing of the Borrower and the
Subordinated Lender.

4.   NOTICES

     4.1  All notices and other communications required to be made or given
          under the terms of this Subordination Agreement or in connection
          herewith shall be given by or made to the parties hereto in writing
          and delivered by hand or by registered mail (air-mail, if outside the
          sender's country or territory), or by facsimile, and shall be
          addressed to the appropriate party at the address set out in this
          Subordination Agreement or to such other address as such party hereto
          may from time to time designate to the other in writing.

     4.2  Any notice, request, demand or other communication given or made shall
          be deemed to have been received in the case of communication in
          writing and delivered by hand on the date of delivery against written
          receipt, in the case of written communication sent by registered mail
          on the date which is 2 business days in the case of local mail or 8
          business days in the case of overseas mail after the mailing thereof,
          and in the case of a facsimile the same day after the date of despatch
          thereof provided that a "successful transmission" receipt is obtained.

5.   MISCELLANEOUS

     5.1  All costs and expenses of and incidental to the preparation of this
          Subordination Agreement shall be borne by the Borrower.

     5.2  Any provision of this Subordination Agreement prohibited by or
          unlawful or unenforceable under any applicable law actually applied by
          any court

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          of competent jurisdiction shall, to the extent required by such law,
          be severed from this Subordination Agreement and rendered ineffective
          so far as is possible without modifying the remaining provisions of
          this Subordination Agreement. Where however the provisions of any such
          applicable law may be waived, they are hereby waived by the parties
          hereto to the full extent permitted by such law to the intent that
          this Subordinated Agreement shall be a valid and binding agreement
          enforceable in accordance with its terms.

     5.3  No modification, variation or amendment of this Subordination
          Agreement shall be effective unless such modification, variation or
          amendment is in writing and has been signed by or on behalf of both
          the parties hereto.

     5.4  This Subordination Agreement shall be governed by and construed and
          interpreted in all respects in accordance with the laws of Hong Kong,
          and the parties hereto hereby irrevocably submit to the non-exclusive
          jurisdiction of the Hong Kong Courts.

     IN WITNESS whereof the parties hereto have duly executed this Subordination
Agreement on the day and year first herein before written.

THE BORROWER

SEALED with the COMMON SEAL of          )
SUPPLY CHAIN SERVICES LIMITED           )      For and on behalf of
And SIGNED by                           )      SUPPLY CHAIN SERVICES LIMITED
                                        )
in presence of: /s/ Tsang Sau Ping      )
                ------------------      )
                                        )             /s/ Pauline Chu
                                        )      -----------------------------
                                        )          Authorized Signature(s)
                                        )
                                        )
THE SUBORDINATED LENDER                 )
                                        )
SEALED with the COMMON SEAL of          )
GI-TECH DEVELOPMENTS LIMITED            )      For and on behalf of
And SIGNED by                           )      GI-TECH DEVELOPMENTS LIMITED
                                        )
in presence of: /s/ Tsang Sau Ping      )
                ------------------      )
                                        )             /s/ Thomas Chu
                                        )      -----------------------------
                                        )          Authorized Signature(s)

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