Document:

Exhibit 10.9

                 S H A R E   P L E D G E   A G R E E M E N T

PLEDGOR:                   TELEPLUS CONNECT CORP.

SECURED PARTIES:           JAMES FAIRHEAD
                           STEVE KEREKES
                           TOM DAVIS

CORPORATION:               1500536 ONTARIO INC.

ESCROW AGENT:              PURSER, DOOLEY LLP

<PAGE>

                             SHARE PLEDGE AGREEMENT

PARTIES

         Pledgor:

                  Name:             TELEPLUS CONNECT CORP.
                  Address:          465 St-Jean, Suite 601
                                    Montreal, Quebec H2Y 2R6
                  Facsimile:        905-947-8234

                                             Secured Parties:

                  Name:             JAMES FAIRHEAD
                                    STEVE KEREKES
                                    TOM DAVIS
                  Address:              c/o Purser, Dooley LLP
                                    151 Ferris Lane, Suite 300
                                    Barrie, Ontario L4M 6C1
                  Facsimile:        705-792-6911

         Corporation:

                  Name:             1500536 ONTARIO INC.
                  Address:              85 Bayfield Street, Suite 300
                                    Barrie, Ontario L4M 3A7
                  Facsimile:        705-725-7045

         Escrow Agent:

                  Name:             PURSER, DOOLEY LLP
                  Address:              151 Ferris Lane, Suite 300
                                    Barrie, Ontario L4M 6C1
                  Facsimile:        705-792-6911

EFFECTIVE DATE

         as of July                 , 2005

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

WHEREAS:

      e)    pursuant to the  provisions  of a certain share  purchase  agreement
            dated as of the 30th day of June,  2005 between the Secured  Parties
            as vendors and the Pledgor (the  "Agreement"),  the Pledgor acquired
            one hundred  (100) Class A Common,  one hundred (100) Class B Common
            and one hundred (100) Class C Common shares, being all of the issued
            and outstanding common shares in the Corporation (the "Shares");

      f)    as part of the  consideration  to be paid for the Purchased  Shares,
            the Pledgor has authorized,  executed and delivered in favour of the
            Secured Parties a certain  promissory note (the  "Promissory  Note")
            dated July , 2005 in the  principal  amount of Six  Hundred  Sixteen
            Thousand Eight Hundred Twenty Two Dollars ($616,822);
<PAGE>

      g)    the Secured  Parties and the Pledgor  have agreed to enter into this
            Agreement to provide the Secured  Parties  with a remedy  should the
            Pledgor not honour its obligations pursuant to the provisions of the
            Promissory Note by having the Shares deposited with the Escrow Agent
            and dealt with as provided in this agreement; and

      h)    Escrow Agent, as escrow agent, is agreeable to maintaining in escrow
            the  Purchased  Shares  and to  make  them or the  proceeds  thereof
            available to the parties  hereto under the terms and  conditions  of
            this agreement.

16.   Grant of Security Interest

      For valuable  consideration  (the receipt and sufficiency of which each of
the parties hereto hereby acknowledges) the Pledgor hereby grants to the Secured
Parties  security  interests  (to  which  the  Personal  Property  Security  Act
(Ontario),  R.S.O.  1990  c.P.10,  as  amended  from time to time  (the  "PPSA")
applies) in and grants, mortgages and charges and by way of a fixed and specific
mortgage  and  charge  to  and in  favour  of the  Secured  Parties,  all of the
Pledgor's right, title and interest in and to the Shares, all pursuant to and in
accordance with the provisions of this Agreement.

17.   Secured Obligations

      The security  interests,  mortgages and charges  granted hereby secure the
payment  to the  Secured  Parties  of all  obligations,  debts  and  liabilities
pursuant to the Promissory Note, (the "Obligations").

      Upon  payment  in  full  of all  amounts  due and  owing  pursuant  to the
Promissory  Note,  the Escrow  Agent shall  forthwith  deliver the Shares to the
Pledgor.

18.   Attachment

      Each of the parties  acknowledges  and  confirms  that it intends that the
security interests,  mortgages and charges granted hereby shall attach forthwith
upon the Effective Date with respect to the Shares.

      For greater certainty,  without in any way limiting the above, the parties
acknowledge  and  confirm  that they have not  agreed to  postpone  the time for
attachment of the said security interests, mortgages and charges.

19.   Perfection

      Subject to the last  paragraph  in this Section 4, in  furtherance  of the
security interests, mortgages and charges hereby granted to the Secured Parties,
the Pledgor agrees that  contemporaneously with the execution of this Agreement,
it shall  deliver  the  following  to the  Escrow  Agent  upon the terms  hereof
(collectively the "Share Documents"):

      (a)   the relevant share  certificate(s)  representing  all of the Shares,
            duly  registered  in the name of the Pledgor,  and duly  endorsed in
            blank for transfer hereunder or accompanied by a duly executed stock
            transfer  power of  attorney  and noting  conspicuously  on the face
            thereof that they are subject to this Agreement;

      (b)   a transfer in blank of the Shares duly executed by the Pledgor,  the
            Pledgor hereby giving the Secured  Parties the authority to complete
            the said  transfer on its behalf upon the  occurrence of an Event of
            Default  (defined  below),  so long  as such  Event  of  Default  is
            continuing;

      (c)   a blank share transfer power of attorney; and

      (d)   certified  copies of resolutions of the directors of the Corporation
            approving the  hypothecation and pledge of the Shares to the Secured
            Parties,  the  notation  of  the  Secured  Parties  interest  on the
            relevant share  certificate(s) and in the shareholder ledgers of the
            Corporation,  any further  transfers of the Shares made  pursuant to
            this  Agreement,  and the recording of same in the books and records
            of the Corporation.
<PAGE>

The Escrow Agent  acknowledges  and agrees that it shall hold the Shares  hereby
delivered to it solely in accordance  with the terms of this  Agreement and that
it will not at any time  dispose,  encumber,  deal with or take any action  with
respect to the Shares except as provided in this Agreement.

20.   Right to Vote

      So long as no Event of Default has occurred  hereunder and is  continuing,
the Pledgor shall be entitled to remain as  shareholder  of record of the Shares
and to exercise all voting rights in respect of the Shares.

21.   Right to Dividends, Etc.

      So long as no Event of Default has occurred  hereunder and is  continuing,
the Pledgor shall be entitled to receive all  dividends and other  distributions
paid or payable in respect of the Shares. In the event that the Pledgor receives
any  dividend or other  distribution  contrary to the  foregoing  it shall stand
possessed  of same in trust solely for the Secured  Parties and shall  forthwith
pay or deliver the same to the Secured  Parties to be applied in accordance with
paragraph 14.

22.   Pledgor's Warranties

      The Pledgor  hereby  represents  and  warrants to and  covenants  with the
Secured  Parties as follows and  acknowledges  that the Secured  Parties are, in
part, relying upon such  representations,  warranties and covenants in accepting
the security interest granted upon the terms of this Agreement:

      (a)   Ownership  of Shares:  The Pledgor is the  absolute  and  beneficial
            owner of the  Shares  and none of the Shares are held in the name of
            any person  other  than the  Pledgor,  whether as agent,  trustee or
            other  nominee for the Pledgor,  the Shares are recorded in the name
            of the  Pledgor in the  shareholder  ledgers  and  registers  in the
            Corporation's minute book.

      (b)   No  Encumbrances:  The Shares are owned by the Pledgor with good and
            marketable title thereto and they are and shall at all times be kept
            free and clear of any and all mortgages, hypothecs, pledges, claims,
            adverse  claims,  demands,   liens,  charges,   security  interests,
            encumbrances, agreements, rights and equities of any kind whatsoever
            other than those given by the Pledgor to or in favour of the Secured
            Parties.

      (c)   Right to Grant: The Pledgor has and shall at all relevant times have
            the full right,  power and  authority  to enter into and perform its
            obligations  under this Agreement and to grant the security interest
            as herein provided.

      (d)   No Agreements or Options: No person, firm or corporation, other than
            the Secured Parties, has any agreement or option (whether written or
            oral) or any right or  privilege  (whether  by law,  pre-emptive  or
            contractual)  capable of  becoming  an  agreement  or option for the
            purchase of the Shares or any interests therein or rights thereto.

      (e)   No Litigation:  There is not pending any suit, action or other legal
            proceeding  of any sort either to restrain or  otherwise  prevent in
            any manner the Pledgor from  effectually  and legally  hypothecating
            and pledging the Shares to the Secured Parties free and clear of any
            and all  mortgages,  hypothecs,  pledges,  claims,  adverse  claims,
            demands,   liens,   charges,   security   interests,   encumbrances,
            agreements,  rights and equities of any kind whatsoever or any suit,
            action or proceeding the effect of which would be to cause a lien to
            attach to the Shares or to divest  title to the Shares in any manner
            whatsoever.
<PAGE>

      (f)   Release  of  Shares  for   Merger  and   Acquisition   Transactions:
            Notwithstanding the provisions hereof, but subject to the provisions
            of Subsection 8(b), the Secured Parties will not unreasonably delay,
            condition  or  withhold  the  release of the Shares in the event the
            Pledgor  requests  that the Secured  Parties  release such Shares in
            connection  with a sale,  merger,  reorganization,  or other similar
            event of the Pledgor (or its  affiliated  companies) and the Pledgor
            or a third party  agrees to provide the  Secured  Parties  with fair
            consideration for such release.

      23.   Covenants of the Pledgor and the Corporation

      The  Pledgor  and the  Corporation  covenant  and agree  with the  Secured
Parties that:

      (a)   No Transfers or Encumbrances:  The Pledgor shall not either directly
            or  indirectly  (including  by  way  of  corporate   reorganization,
            amalgamation or otherwise) sell, transfer, convey, assign, exchange,
            convert  or in any  manner  dispose  of,  pledge  or in  any  manner
            encumber any of the Shares without the prior written  consent of the
            Secured Parties, except as expressly permitted or required elsewhere
            herein.

      (b)   Substituted or Additional  Shares:  In the event any  substituted or
            additional  shares in the capital of the Corporation are received or
            acquired  (directly or  indirectly)  by or on behalf of the Pledgor,
            whether as a result of a share issuance, subdivision, consolidation,
            conversion,   reclassification,   stock  dividend,  transfer,  sale,
            reorganization,  amalgamation  or  otherwise  (the  "Substituted  or
            Additional  Shares"),  the  Pledgor  shall  stand  possessed  of the
            Substituted  or Additional  Shares in trust for the Secured  Parties
            and shall  forthwith  deliver to the Secured Parties the certificate
            or certificates  representing  the Substituted or Additional  Shares
            together with certified  copies of the  resolutions of the directors
            of the Corporation approving the hypothecation and pledge thereof to
            the Secured  Parties  whereupon  the Secured  Parties shall hold and
            deal with the  Substituted or Additional  Shares and the certificate
            or certificates evidencing the same as the Shares.

      (c)   No Additional Shares Issued:  During the currency of this Agreement,
            the Corporation  shall not, without the prior written consent of the
            Secured  Parties,  issue any  additional  shares of any class (other
            than the Shares) in the capital of the Corporation whether by way of
            a   share   issuance,   subdivision,   consolidation,    conversion,
            reclassification,  stock dividend,  transfer, sale,  reorganization,
            amalgamation or otherwise.

24.   Escrow Agent

      (a)   Escrow Agent shall keep the Shares in a safe place on premises owned
            or leased by it in the City of Barrie and shall deal with the Shares
            only in accordance with the terms and conditions of this Agreement.

      (b)   Escrow  Agent shall not, by reason of its  signing  this  Agreement,
            assume any  responsibility or liability for any transaction  between
            Pledgor and the Secured  Parties other than the  performance  of its
            obligations  in accordance  with this  Agreement.  In no event shall
            Escrow Agent be liable to Pledgor and the Secured Parties, or to any
            other party for consequential,  special or incidental  damages.  The
            party on whose behalf,  or pursuant to whose direction  Escrow Agent
            acts,  shall  indemnify and hold harmless  Escrow Agent from any and
            all liability, damages, costs or expenses, including reasonable fees
            that shall be  sustained  or incurred by Escrow Agent as a result of
            taking such action except for damages,  costs or expenses  resulting
            from the gross  negligence of the Escrow  Agent.  Pledgor shall also
            indemnify and hold harmless Escrow Agent from any and all liability,
            damages,  costs or expenses,  including reasonable fees, incurred by
            Escrow Agent as a result of a third party claiming that Escrow Agent
            is in wrongful possession of the Shares.
<PAGE>

         (c)      Escrow  Agent may  retain  such  independent  counsel or other
                  advisor  as it may  reasonably  require  for  the  purpose  of
                  discharging its duties hereunder, and may act on the advice or
                  opinion  so  obtained.   The  reasonable  fees,   expenses  or
                  disbursements  for any  such  counsel  or  other  advisors  so
                  retained  shall be borne  equally by Pledgor  and the  Secured
                  Parties.

      (f)   In the  exercise of its rights,  duties and  obligations  hereunder,
            Escrow  Agent  may rely as to the  truth of the  statements  and the
            accuracy of the opinions expressed therein and shall be protected in
            acting  upon  any  resolution,   direction,  statutory  declaration,
            opinion,  report,  notice,  certificate  or other  paper or document
            reasonably  believed by it to have been signed, sent or presented by
            or on behalf of the proper parties. However, Escrow Agent may in its
            discretion require reasonable  evidence of the due execution thereof
            before acting or relying thereon.

      (g)   Upon  receipt  of a  statutory  declaration  of one or  more  of the
            Secured  Parties  confirming  that an Event of Default has occurred,
            the Escrow  Agent  shall  deliver to the  Secured  Parties the Share
            Documents.

25.   Rights and Remedies - PPSA

      In the event the Pledgor  fails to make  payment of  principal or interest
pursuant to the  Promissory  Note after five (5) business days notice of default
is  provided to the Pledgor (an "Event of  Default"),  the  security  interests,
mortgages and charges  granted herein shall be  enforceable  and the Pledgor and
the Secured  Parties  shall have,  in addition to any other  rights and remedies
provided  by law,  the  rights  and  remedies  of a debtor  and a secured  party
respectively under the PPSA and those provided by this Agreement.

26.   Additional Rights and Remedies

      In  addition  and  without  limitation,  upon an Event of Default  that is
continuing,  the Secured  Parties shall be entitled to possession and beneficial
ownership  of the Shares and shall be  entitled  to  retransfer  the Shares into
their own names and enjoy all of the benefits  associated  with ownership of the
Shares.  The  Secured  Parties  shall also  thereupon  be entitled to retain the
portion of the purchase price for the Shares heretofore received by them and the
Pledgor  shall be fully  released and  discharged  from any and all liability or
payment of the remaining Obligations as evidenced by the Promissory Note.

27.   Expenses

      The reasonable  costs and expenses  expressly  provided for in the PPSA in
respect of the  enforcement of the  Obligations,  including  taking  possession,
custody,  holding,  preserving,   protecting,  repairing,  using  or  operating,
collecting,  realizing,  processing,  preparing for disposition and disposing of
the Shares (collectively, the "Expenses") shall be payable by the Pledgor to the
Secured Parties forthwith upon demand.

28.   Mode of Disposition - PPSA

      The Secured  Parties may dispose of the Shares by a private sale or public
auction  or tender at any place and time  whatsoever  and in such  manner and at
such price as the Secured Parties may reasonably  determine,  either for cash or
on credit,  or for part cash and part credit.  The Secured  Parties may postpone
any sale  prior to the date  thereof  and may sell the  Shares  as a whole or in
parcels  and if in parcels in such order and manner as the  Secured  Parties may
reasonably determine.
<PAGE>

29.   Proceeds of Disposition

      Any proceeds of any  disposition  of any of the Shares shall be applied by
the Secured Parties firstly on account of the Expenses,  and any balance of such
proceeds shall be applied by the Secured  Parties on account of the  Obligations
(other than the Expenses) in such order of  application  as the Secured  Parties
may from time to time effect and the same shall not be subject to dispute by the
Pledgor.

30.   General Provisions

      (a)   Discharge:  The security  interests,  mortgages and charges  granted
            hereby shall be released  upon the full payment and  performance  of
            the Obligations, at which time the Secured Parties shall, at no cost
            to  the  Pledgor,   deliver  to  the  Pledgor  the  relevant   share
            certificate(s) representing all of the Shares duly endorsed in blank
            for  transfer,  all  other  documents  held by the  Secured  Parties
            pursuant  to  this  Agreement,  and  all  necessary  discharges  and
            releases of the security  interests,  mortgages and charges  granted
            hereby.

      (b)   Waiver, etc.: No failure or delay on the part of the Secured Parties
            to  exercise  any  right  provided  for in or  contemplated  by this
            Agreement  and no waiver as to an Event of Default  hereunder  shall
            operate as a waiver thereof unless made in writing and signed by the
            Secured  Parties and, in that event,  such waiver shall operate only
            as a waiver of the right or Event of Default  expressly  referred to
            therein.  Nothing in this  Agreement and nothing  referred to in the
            Obligations  shall  preclude any other remedy by action or otherwise
            for the enforcement of this Agreement or the payment and performance
            in full of the Obligations.

      (c)   Entire  Agreement:  This  Agreement sets forth the entire intent and
            understanding of the parties relating to the  subject-matter  hereof
            and  supersedes and replaces all prior  agreements and  commitments,
            whether  written or oral,  made  between the parties and all earlier
            discussions  and  negotiations  between  them.  The  parties are not
            relying upon and there are no collateral  or other  representations,
            warranties,  agreements,  or  covenants  made by any of the  parties
            hereto which are not contained herein.

      (d)   No  Amendment:  This  Agreement  may  not  be  amended,  altered  or
            qualified  except by a  memorandum  in writing  signed by all of the
            parties hereto and any amendment, alteration or qualification hereof
            shall be null and void and shall not be  binding  upon any party who
            has not signed such memorandum.

      (e)   Further Assurances:  Each of the parties hereto shall and will, from
            time  to time  and at all  times  hereafter  upon  every  reasonable
            written   request  so  to  do,  cause  such  meetings  to  be  held,
            resolutions  passed  and  by-laws  enacted,  exercise  its  vote and
            influence, make, do, execute and deliver, or cause to be made, done,
            executed  and  delivered,  all such  further  papers,  acts,  deeds,
            assurances  and  things  as may be  necessary  or  desirable  in the
            opinion of any party or counsel  for any party,  acting  reasonably,
            for  implementing  and carrying out more effectually the true intent
            and meaning of this  Agreement  including,  without  limitation,  to
            perfect or better  perfect the  security  interests,  mortgages  and
            charges of the Secured Parties in the Shares or any part thereof.

      (f)   Headings:  All  headings  and  titles  in  this  Agreement  are  for
            convenience   of   reference   only  and   shall  not   affect   the
            interpretation of the terms hereof.
<PAGE>

      (g)   Gender,  etc.: In construing this Agreement,  all words and personal
            pronouns  relating thereto shall be read and construed as the number
            and gender of the party or parties referred to in each case require,
            and the verb agreeing  therewith shall be construed as agreeing with
            the required word and pronoun. Words such as "hereunder",  "hereto",
            "hereof",  "herein",  and other words commencing with "here",  shall
            unless the context  clearly  indicates  the  contrary,  refer to the
            whole of this Agreement and not to any particular  paragraph or part
            thereof.

      (h)   Severability:  In the event that any covenant or provision contained
            in this Agreement is held to be invalid, illegal or unenforceable in
            whole or in part, the validity,  legality and  enforceability of the
            remaining covenants and provisions shall not be affected or impaired
            thereby  and all  such  remaining  covenants  and  provisions  shall
            continue  in full force and effect.  All  covenants  and  provisions
            hereof  are  declared  to be  separate  and  distinct  covenants  or
            provisions, as the case may be.

      (i)   Time of  Essence:  Time  shall be  strictly  of the  essence of this
            Agreement and of every part thereof and no extension or variation of
            this Agreement shall operate as a waiver of this provision.

      (j)   Governing  Law:  This  Agreement  shall be governed in all  respects
            exclusively by the laws of the Province of Ontario,  and the laws of
            Canada, as applicable.

      (k)   Notice:  Any notice  required  or desired to be given  hereunder  or
            under any instrument supplemental hereto shall be in writing and may
            be  given by  personal  delivery,  by  facsimile  or other  means of
            electronic  communication or by sending the same by registered mail,
            postage prepaid, to the Pledgor, Secured Parties,  Corporation or to
            the Escrow Agent at their respective addresses set out above and, in
            the case of electronic  communication,  to the facsimile numbers set
            out above.  Any notice so  delivered  shall be  conclusively  deemed
            given when personally  delivered and any notice sent by facsimile or
            other means of electronic  transmission shall be deemed to have been
            delivered on the Business Day  following  the sending of the notice,
            and any notice so mailed shall be  conclusively  deemed given on the
            third  Business Day following  the day of mailing,  provided that in
            the event of a known disruption of postal service,  notice shall not
            be given by mail. Any address for notice or payments herein referred
            to may be changed by notice in writing given pursuant hereto.

            Notwithstanding  the foregoing,  if the PPSA requires that notice be
            given in a special manner,  then such notice or communication  shall
            be given in such manner.

      (l)   Pledgor's  Receipt:  The Pledgor  hereby  acknowledges  receipt of a
            fully signed copy of this Agreement.

This Agreement shall become effective when it is signed by the Pledgor.

                [REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK]

<PAGE>

      IN WITNESS  WHEREOF the Pledgor has executed this Agreement under its seal
and agrees to be bound thereby as of the Effective Date set out above.

Executed by Pledgor on July                          , 2005

                            TELEPLUS CONNECT CORP.

                            Per:/s/ Marius Silvasan
                                ------------------------------------------------
                                Name:  Marius Silvasan
                                Title: President

Executed by Secured Parties on July                  , 2005

/s/ Tom Davis                                            /s/ James Fairhead
-----------------------                                  -----------------------
Tom Davis                                                James Fairhead

                                /s/ Steve Kerekes
                             -----------------------
                                  Steve Kerekes

      The undersigned  acknowledges the execution of the within agreement by the
Pledgor and agrees to give full force and effect to the terms thereof.

      IN WITNESS  WHEREOF the  undersigned has executed this Agreement under its
seal and agrees to be bound thereby as of the Effective Date set out above.

                            1500536 ONTARIO INC.

                            Per:/s/ Marius Silvasan
                                ------------------------------------------------
                                Name:  Marius Silvasan
                                Title: President

      The undersigned  Escrow Agent has executed this Agreement and agrees to be
bound thereby.

                            PURSER, DOOLEY LLP

                            Per: /s/ Alan R. Purser
                                 -----------------------------------------------
                                 Alan R. PurserASSET PURCHASE AGREEMENT

      This Asset Purchase  Agreement (this  "Agreement") is made as of September
19, 2005, by and among DIGICORP, a Utah corporation ("Buyer"), and PHILIP GATCH,
individually ("Seller").

      WHEREAS,  Seller  owns the  iCodemedia  suite  of  websites  and  Internet
properties,  which  includes the  following  domain  names:  www.icodemedia.com;
www.iplaylist.com;  www.tunescast.com;  www.tunebucks.com;  www.podpresskit.com;
and www.tunespromo.com (the "websites"); and

      WHEREAS, Buyer desires to purchase and Seller desires to sell to Buyer the
iCodemedia  suite  of  websites  as  described  in  "Exhibit  A" as  well as all
Intellectual  Property  (defined  below) and all ideas of Seller  related to the
websites.

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

SECTION 1. PURCHASE AND SALE OF ASSETS.

         1.1 Sale of Assets. Seller agrees to sell, assign, transfer and deliver
to Buyer, and Buyer agrees to purchase from Seller, all of Seller's right, title
and interest in and to all of the websites as described in Exhibit A as well as
all Intellectual Property and all ideas of Seller of every kind and description
related to these websites, tangible and intangible, real, personal or mixed, and
wherever located, including, without limitation, the following:

      (a) Intellectual  Property. All of Seller's Intellectual Property relating
to the websites;

      (b)  Goodwill.  All of the  goodwill  of Seller in, and the going  concern
value  of,  the  websites,  and  all of the  ideas  and  Intellectual  Property,
proprietary  information,  marketing  materials and trade secrets related to the
websites; and

      (c)  Records.  All of  Seller's  files and  records,  and other  files and
records  relating  to the  websites  and all files and  records  relating to all
Intellectual Property and all ideas of Seller in connection with websites.

      The assets,  properties,  ideas, Intellectual Property,  goodwill, records
and websites of Seller  being sold to and  purchased by Buyer under this Section
1.1 are referred to herein collectively as the "Assets."

<PAGE>

      1.2 Excluded Liabilities.  It is expressly understood that Buyer shall not
assume,  pay or be liable for any  liability or obligation of Seller of any kind
or nature at any time  existing or  asserted,  whether  known,  unknown,  fixed,
contingent or otherwise,  not specifically  assumed herein by Buyer,  including,
without  limitation,  any liability or obligation relating to, resulting from or
arising out of any fact existing or event occurring prior to, or relating to the
Assets prior to, the date hereof.

      1.3 Purchase Price;  Payment.  In  consideration  of the sale by Seller to
Buyer of the Assets,  and subject to  satisfaction  of the conditions  contained
herein,  Buyer shall issue to Seller One Million  (1,000,000)  shares of Buyer's
common stock at $.001 par value per share (the "Purchase Price").

      1.4 Closing Date.  Subject to  satisfaction  of the  conditions  contained
herein,  the  closing of the sale and  purchase  of the Assets  provided  for in
Section 1.1 hereof (the "Closing")  shall take place at the offices of Sichenzia
Ross Friedman Ference LLP located at 1065 Avenue of the Americas,  New York, New
York 10018 (or at such other place as the parties may  designate) on the date of
this Agreement, or on such other date as Seller and Buyer may agree. The date on
which the Closing shall be held is referred to in this Agreement as the "Closing
Date."

      1.5  Further  Assurances.  Seller  shall,  from  time  to time  after  the
consummation of the transactions  contemplated  herein,  at the request of Buyer
and without further  consideration,  execute and deliver further  instruments of
transfer  and  assignment  and take such  other  action as Buyer may  reasonably
require to more  effectively  transfer  and  assign  to, and vest in,  Buyer the
Assets free and clear of all Liens (defined below).

      1.6 Sales and  Transfer  Taxes.  All sales,  transfer,  use,  recordation,
documentary, stamp, excise taxes, personal property taxes, fees and duties under
applicable law incurred in connection  with this  Agreement or the  transactions
contemplated hereby will be borne and paid by Buyer.

      1.7  Transfer  of  Subject  Assets.  Seller  shall  deliver or cause to be
delivered to Buyer a Bill of Sale and such other good and sufficient instruments
of  transfer  required  in  transferring  to Buyer  title to all of the  Assets,
including any required consents.  Such instruments of transfer (a) shall contain
appropriate   warranties   and  covenants  that  are  usual  and  customary  for
transferring the type of property  involved under the laws of the  jurisdictions
applicable  to such  transfers,  (b) shall be in form and  substance  reasonably
satisfactory to Buyer and its counsel,  (c) shall effectively vest in Buyer good
and marketable  title to all of the Assets free and clear of all Liens,  and (d)
where applicable, shall be accompanied by evidence of the discharge of all Liens
against the Assets.

SECTION 2. REPRESENTATIONS AND WARRANTIES OF SELLER. In order to induce Buyer to
enter into this  Agreement,  Seller hereby  represents  and warrants to Buyer as
follows:

      2.1 Required Action. All actions and proceedings  necessary to be taken by
or on the part of Seller in connection  with the  transactions  contemplated  by
this  Agreement  have been duly and validly  taken,  and this Agreement and each
other  agreement,  document and instrument to be executed and delivered by or on
behalf  of  Seller   pursuant  to,  or  as   contemplated   by,  this  Agreement
(collectively,  the "Seller  Documents")  has been duly and validly  authorized,
executed  and  delivered  by Seller and no other action on the part of Seller is
required in connection therewith.  Seller has full right,  authority,  power and
capacity to execute and deliver this  Agreement  and each other Seller  Document
and to  carry  out  the  transactions  contemplated  hereby  and  thereby.  This
Agreement  and each other  Seller  Document  constitutes,  or when  executed and
delivered will constitute,  the legal,  valid and binding  obligation of Seller,
enforceable in accordance with its respective terms.

                                       2
<PAGE>

      2.2 No Conflicts.  The  execution,  delivery and  performance by Seller of
this  Agreement  and  each  other  Seller  Document  does  not and  will not (a)
constitute  a  violation  of,  or  conflict  with or result  in any  breach  of,
acceleration  of any obligation  under,  right of termination  under, or default
under, any agreement or instrument to which Seller is a party or by which Seller
or the Assets is bound, (b) violate any judgment,  decree,  order, statute, rule
or  regulation  applicable  to Seller or the Assets,  or (c)  require  Seller to
obtain any  approval,  consent or waiver  of, or to make any  filing  with,  any
person or entity (governmental or otherwise) that has not been obtained or made.

      2.3 Title.  Seller has good and marketable title to all of the Assets free
and  clear  of all  mortgages,  pledges,  security  interests,  charges,  liens,
restrictions and encumbrances of any kind  (collectively,  "Liens")  whatsoever.
Upon  the  sale,  assignment,  transfer  and  delivery  of the  Assets  to Buyer
hereunder  and under the Seller  Documents,  there will be vested in Buyer good,
marketable and  indefeasible  title to the Assets,  free and clear of all Liens.
The Assets  include all of the assets and  properties (a) held for use by Seller
in  connection  with the Assets and (b) necessary for Buyer to use the Assets in
the same manner as such Assets are currently used by Seller. All of the tangible
Assets are in good repair,  have been well  maintained and are in good operating
condition,  do not require any material  modifications or repairs, and comply in
all material respects with applicable laws, ordinances and regulations, ordinary
wear and tear excepted.

      2.4 No Litigation.  Seller is not now involved in nor, to the knowledge of
Seller,  is Seller threatened to be involved in any litigation or legal or other
proceedings  related to or affecting the Assets or which would prevent or hinder
the  consummation of the  transactions  contemplated  by this Agreement.  Nor is
Seller in default with  respect to or subject to any Court Order,  and there are
no unsatisfied judgments against Seller or the Assets.

      2.5 Brokers.  Seller has not retained any broker or finder or other person
who would have any valid claim against any of the parties to this  Agreement for
a  commission  or  brokerage  fee  in  connection  with  this  Agreement  or the
transactions contemplated hereby.

      2.6 Intellectual Property

      (a) For purposes hereof, the term "Intellectual  Property"  includes:  (i)
all drawings,  marketing plans, potential business concepts or similar documents
related to the Assets; (ii) all patents, patent applications, patent rights, and
inventions  and  discoveries  and  invention  disclosures  related to the Assets
(whether or not patented);  (iii) Seller's rights to the name  "iCodemedia"  and
all trade names,  trade dress,  logos,  packaging design,  slogans,  any and all
Internet  domain  names  used  specifically  in  connection  with the  Assets as
outlined in Exhibit A, registered and unregistered  trademarks and service marks
and  applications  related to the Assets;  (iv) all copyrights in both published
and unpublished works related to the Assets, including,  without limitation, all
compilations,  databases and computer programs, and all copyright  registrations
and   applications,   and  all   derivatives,   translations,   adaptations  and
combinations  of the above;  (v) all know-how,  trade secrets,  confidential  or
proprietary  information,  customer lists,  IP addresses,  research in progress,
algorithms,   data,  designs,   processes,   formulae,   drawings,   schematics,
blueprints, flow charts, models, prototypes, techniques, Beta testing procedures
and  Beta  testing  results  related  to the  Assets;  and  (vi)  all  goodwill,
franchises,  licenses,  permits,  consents,  approvals,  technical  information,
telephone numbers, ASN numbers, and claims of infringement against third parties
related to the websites, as well as any ideas related to the Assets.

                                       3
<PAGE>

      (b) Seller has exclusive  ownership of, and has good, valid and marketable
title to, all of the Intellectual Property, free and clear of any Liens, and has
the right to use all of the  Intellectual  Property without payment to any third
party.

      2.7 Accreditation.  Seller is an "accredited  investor" within the meaning
of Rule 501(a) of Regulation D promulgated  under the Securities Act of 1933, as
amended (the "Securities  Act").  Seller  understands that the Purchase Price is
being offered to him in reliance upon specific  exemptions from the registration
requirements  of United States federal and state  securities laws and that Buyer
is relying upon the truth and accuracy of, and  Seller's  compliance  with,  the
representations,  warranties, agreements,  acknowledgments and understandings of
Seller  set  forth  herein  in  order  to  determine  the  availability  of such
exemptions and the eligibility of Seller to receive the Purchase Price.

      2.8 Investment Experience;  Suitability.  Seller is familiar with the type
of risks inherent in the  acquisition of securities such as the shares of common
stock of Buyer and  Seller's  financial  position  is such that he can afford to
retain the Purchase Price for an indefinite period of time without realizing any
direct or indirect cash return on his investment.

      2.9  Investment  Purpose.  Seller  represents  that the  shares of Buyer's
common stock  included in the Purchase Price are being issued to him for his own
account,  for  investment  purposes only and not for  distribution  or resale to
others in contravention of the registration  requirements of the Securities Act.
Seller agrees that he will not sell or otherwise  transfer the shares of Buyer's
common stock  included in the Purchase  Price unless such shares are  registered
under the  Securities  Act or  unless an  exemption  from such  registration  is
available.

      2.10  Information.  Seller and his advisors,  if any, have been  furnished
with all materials  relating to the business,  finances and  operations of Buyer
and  materials  relating  to the offer and sale of the shares of Buyer's  common
stock  included in the Purchase Price which have been requested by Seller or his
advisors. Seller and his advisors, if any, have been afforded the opportunity to
ask  questions  of the  Buyer.  Notwithstanding  the  foregoing,  Buyer  has not
disclosed to Seller any  material  nonpublic  information  and will not disclose
such information  unless such information is disclosed to the public prior to or
promptly  following  such  disclosure to Seller.  Neither such inquiries nor any
other due diligence  investigation conducted by Seller or any of his advisors or
representatives  shall modify, amend or affect Seller's right to rely on Buyer's
representations and warranties  contained in Section 3 below. Seller understands
that his  investment  in the  shares of Buyer's  common  stock  included  in the
Purchase Price involves a significant degree of risk.

                                       4
<PAGE>

      2.11 Disclosure. The representations,  warranties and statements contained
in this Agreement and in the certificates,  exhibits and schedules  delivered by
Seller to Buyer pursuant to this  Agreement do not contain any untrue  statement
of a material fact,  and, when taken  together,  do not omit to state a material
fact  required  to be  stated  therein  or  necessary  in  order  to  make  such
representations,  warranties  or  statements  not  misleading  in  light  of the
circumstances  under  which they were made.  There are no facts  known to Seller
which presently or may in the future have a material  adverse effect  (financial
or otherwise) on the Assets which have not been specifically disclosed herein or
in a  schedule  furnished  herewith,  other  than  general  economic  conditions
affecting the Assets generally.

SECTION 3.  REPRESENTATIONS AND WARRANTIES OF BUYER. As a material inducement to
Seller's  entering into this Agreement,  Buyer hereby represents and warrants to
Seller as follows:

      3.1  Organization.  Buyer is duly organized,  validly existing and in good
standing  under the laws of the State of Utah,  with  full  corporate  power and
authority  to own or lease its  properties  and to conduct  its  business in the
manner  and in the  places  where  such  properties  are owned or leased or such
business is  currently  conducted or proposed to be  conducted.  Buyer is not in
violation of any term of its articles of incorporation, or bylaws.

      3.2 Required Action. All actions and proceedings  necessary to be taken by
or on the part of Buyer in connection with the transactions contemplated by this
Agreement  have been duly and validly  taken,  and this Agreement and each other
agreement,  document and instrument to be executed and delivered by or on behalf
of Buyer  pursuant  to,  or as  contemplated  by,  this  Agreement  (the  "Buyer
Documents")  has been duly and validly  authorized,  executed  and  delivered by
Buyer  and no  other  action  on the part of Buyer  is  required  in  connection
therewith.  Buyer has full right,  authority,  power and capacity to execute and
deliver  this  Agreement  and each  other  Buyer  Document  and to carry out the
transactions  contemplated  hereby and thereby.  This  Agreement  and each Buyer
Document constitutes, or when executed and delivered will constitute, the legal,
valid and  binding  obligation  of Buyer,  enforceable  in  accordance  with its
respective terms.

      3.3 No Conflicts. The execution, delivery and performance by Buyer of this
Agreement  and each  Buyer  Document  does not and  will  not (a)  constitute  a
violation of, or conflict with or result in any breach of,  acceleration  of any
obligation under, right of termination under, or default under, any agreement or
instrument  to which  Buyer is a party or by which it is bound,  (b) violate any
judgment, decree, order, statute, rule or regulation applicable to Buyer, or (c)
require  Buyer to obtain  any  approval,  consent  or waiver  of, or to make any
filing with, any person or entity  (governmental or otherwise) that has not been
obtained or made.

      3.4  Brokers.  Buyer has not retained any broker or finder or other person
who would have any valid claim against any of the parties to this  Agreement for
a  commission  or  brokerage  fee  in  connection  with  this  Agreement  or the
transactions contemplated hereby.

                                       5
<PAGE>

      3.5 Disclosure.  The representations,  warranties and statements contained
in this Agreement and in the certificates,  exhibits and schedules  delivered by
Buyer to Seller  pursuant to this Agreement do not contain any untrue  statement
of a material fact,  and, when taken  together,  do not omit to state a material
fact  required  to be  stated  therein  or  necessary  in  order  to  make  such
representations,  warranties  or  statements  not  misleading  in  light  of the
circumstances under which they were made.

SECTION 4.  CONDITION  PRECEDENT  TO  CLOSING.  Buyer  shall have  executed  and
delivered  to Seller  an  employment  agreement,  in  substantially  the form of
Exhibit B hereto, pursuant to which Seller shall be employed by Buyer as Buyer's
Chief  Technology  Officer  and  shall  agree  to not  compete  with  Buyer,  in
particular to this asset purchase, while so employed or for a 3-year period upon
any termination of such employment, within Los Angeles County.

SECTION 5. POST-CLOSING  COVENANTS;  SURVIVAL. All representations,  warranties,
covenants,  agreements and indemnities  contained in this  Agreement,  or in any
schedule,  exhibit,  certificate,  agreement,  document or  statement  delivered
pursuant hereto,  are material,  shall be deemed to have been relied upon by the
parties,  and shall survive the  consummation of the  transactions  contemplated
herein for a period of two (2) years regardless of any  investigation  conducted
by or knowledge of any party hereto.

SECTION 6.  INDEMNIFICATION.  Seller and Buyer  (respectively  an  "Indemnifying
Party") each hereby agrees to indemnify  and hold harmless the other party,  its
affiliates  and the other  party's  and its  affiliates'  respective  directors,
officers,  partners,  members,  managers,  employees,  agents, heirs, executors,
administrators,   successors  and  assigns  (each  an  "Indemnified  Party",  as
applicable),  against  and in respect of all losses,  liabilities,  obligations,
damages,  deficiencies,   actions,  suits,  proceedings,  demands,  assessments,
orders,   judgments,   costs  and  expenses   (including  the  reasonable  fees,
disbursements  and expenses of attorneys and  consultants) of any kind or nature
whatsoever,  but net of the proceeds from any insurance  policies or other third
party reimbursement for such loss, to the extent sustained, suffered or incurred
by or made against any Indemnified  Party, to the extent based upon, arising out
of or in connection with: (a) any breach of any  representation or warranty made
by the  Indemnifying  Party  in  this  Agreement  or in any  schedule,  exhibit,
certificate, agreement or other instrument delivered pursuant to this Agreement;
(b) any breach of any covenant or agreement  made by the  Indemnifying  Party in
this  Agreement or in any  schedule,  exhibit,  certificate,  agreement or other
instrument delivered pursuant to this Agreement; (c) in the case where Seller is
the Indemnifying  Party, any claim made by any person or entity which relates to
the Assets  which  arises in  connection  with or on the basis of events,  acts,
omissions,  conditions  or any other  state of facts  occurring  on or  existing
before the date hereof;  (d) in the case where Buyer is the Indemnifying  Party,
any claim made by any person or entity which  relates to the Assets which arises
solely in connection with or on the basis of events, acts, omissions, conditions
or any other state of facts occurring on or existing after the date hereof;  and
(e) any claim which arises in  connection  with any  liability or  obligation of
Seller; provided,  however, that Buyer shall have no obligation to indemnify any
Indemnified  Party for any claim  based in any part on  alleged  obligations  of
Seller  committed  to prior to the date  hereof  that were not  communicated  in
writing to Buyer as of the date hereof.

                                       6
<PAGE>

SECTION 7. NOTICES.  All notices and other  communications  required to be given
hereunder,  or which may be given  pursuant  to or  relative  to the  provisions
hereof,  shall be in  writing  and  shall be  deemed  to have  been  given  when
delivered in hand or mailed, postage prepaid, by first class United States mail,
certified return receipt requested as follows:

                  If to Buyer:      DIGICORP
                  -----------
                                    Attn: Milton "Todd" Ault III
                                    100 Wilshire Boulevard, Suite 1500
                                    Santa Monica, CA 90401
                                    Telephone: (310) 752-1416
                                    Facsimile: (310) 752-1481

                  If to Seller:     PHILIP GATCH
                                    1650 Federal Avenue
                                    Los Angeles, CA 90025
                                    Telephone: (310) 210-1669

or to such other  address  of which any party may  notify  the other  parties as
provided  above.  Notices  shall be effective as of the date of such delivery or
mailing.

SECTION 8. MISCELLANEOUS.

      8.1 Assignability;  Binding Effect. This Agreement shall not be assignable
by Seller  except  with the  written  ------------------------------  consent of
Buyer.  This Agreement  shall be binding upon and shall inure to the benefit of,
the parties hereto and their respective successors and assigns.

      8.2 Headings. The subject headings used in this Agreement are included for
purposes  of  convenience   only  and  shall  not  affect  the  construction  or
interpretation of any of its provisions.

      8.3  Amendments;  Waivers.  This Agreement may not be amended or modified,
nor may  compliance  with any  condition or covenant set forth herein be waived,
except by a writing  duly and  validly  executed  by Buyer and Seller or, in the
case of a waiver,  the  party  waiving  compliance.  No delay on the part of any
party in exercising any right,  power or privilege  hereunder shall operate as a
waiver thereof, nor shall any waiver on the part of any party of any such right,
power or privilege,  or any single or partial exercise of any such right,  power
or privilege, preclude any further exercise thereof or the exercise of any other
such right, power or privilege.

      8.4 Bulk  Sales  Law.  Buyer  hereby  waives  compliance  by Seller of any
applicable bulk sales law and Seller agrees to make full and timely payment when
due of all  amounts  owed by such  Seller  to its  creditors.  Seller  agrees to
indemnify and hold Buyer harmless from, and reimburse Buyer for any loss,  cost,
expense,  and  liability  or  damage  (including  reasonable  counsel  fees  and
disbursements  and  expenses)  that  Buyer may  suffer or incur by virtue of the
non-compliance by Seller with such laws.

                                       7
<PAGE>

      8.5 Entire Agreement.  This Agreement,  together with the exhibits hereto,
constitutes the entire agreement between the parties with respect to the subject
matter hereof and  supersedes  and cancels any and all prior or  contemporaneous
arrangements, understandings and agreements between them relating to the subject
matter hereof.

      8.6  Severability.  In the event that any  provision or any portion of any
provision of this Agreement shall be held to be void or unenforceable,  then the
remaining  provisions  of this  Agreement  (and  the  remaining  portion  of any
provision held to be void or  unenforceable in part only) shall continue in full
force and effect.

      8.7 Governing Law. This Agreement and the transactions contemplated hereby
shall be governed and construed by and enforced in  accordance  with the laws of
the State of California without regard to conflict of laws principles.

      8.8  Counterparts.   This  Agreement  may  be  executed  in  two  or  more
counterparts,  each of which shall be deemed an original  and all of which shall
constitute the same instrument.

      8.9  Expenses.  Each  party  shall pay its own  expenses  incident  to the
negotiation,  preparation and performance of this Agreement and the transactions
contemplated  hereby,  including  all  fees  and  expenses  of its  counsel  and
accountants  for all  activities  of such  counsel  and  accountants  undertaken
pursuant to this Agreement,  whether or not the transactions contemplated hereby
are consummated.

      8.10  Remedies.  It is  specifically  understood  and agreed that  certain
breaches  of this  Agreement  will result in  irreparable  injury to the parties
hereto,  that the  remedies  available  to the  parties  at law alone will be an
inadequate  remedy for such breach,  and that, in addition to any other legal or
equitable  remedies that the parties may have, a party may enforce its rights by
an action for specific  performance and the parties  expressly waive the defense
that a remedy in damages will be adequate.

      8.11 Dispute  Resolution.  Except as provided below,  the parties agree to
submit  disputes  between them  relating to this  Agreement  and its  formation,
breach,  performance,  interpretation and application to arbitration as follows:
Each party will provide  written notice to the other party of any dispute within
one year of the date when the dispute  first arises or occurs.  If a party fails
to provide such notice, recovery on the dispute will be barred. Arbitration will
be  conducted  in Los Angeles  County,  California  pursuant to the Rules of the
American  Arbitration  Association  ("AAA"), as modified herein. The arbitration
shall be conducted by one (1) arbitrator  chosen in accordance with the rules of
the AAA.  Unless the arbitrator  finds that  exceptional  circumstances  require
otherwise,  the arbitrator  will grant the prevailing  party in arbitration  its
costs of arbitration  and reasonable  attorneys' fees as part of the arbitration
award.  Neither  party will be required  to  arbitrate  any dispute  relating to
actual or threatened  violation of Intellectual  Property  rights.  Either party
will be entitled to receive in any court of competent  jurisdiction  injunctive,
preliminary or other equitable relief,  in addition to damages,  including court
costs and fees of  attorneys  and other  professionals,  to remedy any actual or
threatened  violation  of its rights with  respect to which  arbitration  is not
required hereunder.

                                       8
<PAGE>

      8.12 Third Party Rights.  Except as regards to the indemnification  rights
and obligations  herein, this Agreement is for the benefit of the parties hereto
and is not entered into for the benefit of, and shall not be construed to confer
any benefit upon, any other party or entity.

      IN  WITNESS  WHEREOF,  Seller and Buyer have  caused  this Asset  Purchase
Agreement to be executed as of the date first above written.

                                      BUYER:

                                      DIGICORP, a Utah corporation

                                      By:       /s/ Milton Ault
                                               ---------------------------------
                                               Name:    Milton "Todd" Ault III
                                               Title: Chief Executive Officer

                                      SELLER:

                                               /s/ Philip Gatch
                                               ---------------------------------
                                               PHILIP GATCH

                                       9
<PAGE>

                                    EXHIBIT A
                                    WEBSITES

1. www.icodemedia.com;

2. www.iplaylist.com;

3. www.tunescast.com;

4. www.tunebucks.com;

5. www.podpresskit.com; and

6. www.tunespromo.com

                                       10

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