Document:

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                                                                     Exhibit 4.1

                             -----------------------
                                      DATED

                                EXECUTIVE SERVICE
                                    AGREEMENT

                            BLUEGUM GROUP PTY LIMITED
                                   ("BLUEGUM")

                                  ("EXECUTIVE")

                            MALLESONS STEPHEN JAQUES
                                   Solicitors

                             Governor Phillip Tower
                                 1 Farrer Place
                                 Sydney NSW 2000
                            Telephone (612) 9296 2000
                               Fax (612) 9296 3999
                                  DX 113 Sydney
                                  Ref: MMS/NWE

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                                       1

<TABLE>
<S>                <C>                                                     <C>
Contents           Executive Service Agreement                              1

                   1 Interpretation                                         1

                   2 Termination of Executive Services Contract             4

                   3 Term                                                   4

                   4 Appointment                                            4

                   5 Remuneration                                           5

                   6 Superannuation                                         5

                   7 Long Term Compensation Incentive                       6

                   8 Relocation                                             7

                   9 Leave                                                  7

                   10 Payment during absence on medical grounds             7

                   11 Confidential Property                                 8

                   12 Secrecy                                               8

                   13 Restrictions on other activities of the Executive     9

                   14 Employment Restrictions                              10

                   15 Termination                                          11

                   16 Divestment of Shares upon Cessation of Employment    13

                   17 Notices                                              13

                   18 Entire agreement                                     14

                   19 Waiver                                               14

                   20 Severance                                            14

                   21 Governing law                                        14
</TABLE>

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                                       1

                           EXECUTIVE SERVICE AGREEMENT

DATE:

PARTIES:              BLUEGUM GROUP PTY LIMITED (ACN 0073 759 145) having its
                      registered office at Level 20, Australia Square, 264-278
                      George Street, Sydney, NSW 2000 ("BLUEGUM"), and
                      ____________ ("EXECUTIVE")

RECITALS:

                      A.     The Executive entered into an Executive Services
                             Contract dated ______________with Bluegum
                             ("EXECUTIVE SERVICES CONTRACT").

                      B.     This agreement sets out the terms and conditions of
                             employment of the Executive as agreed between
                             Bluegum and the Executive in October 1998 in
                             conjunction with Bluegum entering into the
                             Subscription Agreement with GGEP and as a result of
                             demands made by GGEP of Bluegum in consideration
                             for its provision of equity funding under the
                             Subscription Agreement.

                      C.     Bluegum and the Executive agree that from the
                             Effective Date the Executive Services Contract is
                             terminated and all rights of the Executive under
                             the Executive Services Contract expired.

                      D.     Bluegum agrees to employ the Executive on the terms
                             of this agreement and the Executive agrees to the
                             employment on those terms.

OPERATIVE PROVISIONS:

1       INTERPRETATION

               1.1    The following words have these meanings in this agreement
                      unless the contrary intention appears.

        BLUEGUM OPTIONS means the options granted to the Executive under clause
        7.2.

        BOARD means the board of directors of Bluegum.

        BUSINESS PLAN means the business plan and budgets of Bluegum for each 12
        month financial year period, a copy of which, for the purposes of
        identification, is initialled by the Executive and one of the persons
        signing this agreement on behalf of Bluegum.

        CHIEF EXECUTIVE OFFICER means the chief executive officer of Bluegum
        from time to time.

        CONFIDENTIAL INFORMATION means any information in respect of Bluegum's
        and the Group's business which is, or is regarded by Bluegum as
        confidential and which is not in the public domain and includes, but is
        not limited to, anything contained in or comprising any document, book,
        account, process, patent, specification, drawing, design or know-how
        which.

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                                       2

                      (a)    comes to the notice of the Executive in the course
                             of the Executive's employment with Bluegum; or

                      (b)    is generated by the Executive in the course of
                             performing the Executive's duties and obligations
                             to Bluegum.

        CONFIDENTIAL PROPERTY means any copyright, industrial or intellectual
        property rights in any and all works, designs, computer programs,
        inventions, processes, concepts, strategies, plans or any other
        financial or literary work which the Executive (either solely or jointly
        with others):

                      (a)    has created, discovered, conceived, written or
                             produced during his employment with Bluegum; and

                      (b)    may create, discover, conceive, write or produce
                             during or as a result of, or in relation to, his
                             employment with Bluegum.

        CONTROL includes the possession directly or indirectly of the power,
        whether or not having statutory, legal or equitable rights, directly or
        indirectly to control the membership of the Board or to otherwise
        directly or indirectly direct or cause the direction of the management
        and policies of Bluegum whether by means of trusts, agreements,
        arrangements, understandings, practices, the ownership of any interest
        in shares or stock of Bluegum or otherwise.

        EFFECTIVE DATE means 6 October 1998 being the date when GGEP provided
        funding to Bluegum in accordance with the Subscription Agreement.

        EMPLOYMENT RESTRICTIONS means those restrictions agreed to by the
        Executive under clause 14.

        EXECUTIVE OPTION PLAN means the plan to be established by the Board to
        issue options to the executives of Bluegum in the future.

        EXECUTIVE SERVICES CONTRACT means the letter from Bluegum to the
        Executive dated 10 February 1998 offering the terms and conditions of
        employment of the Executive by Bluegum and duly signed by the Executive.

        GENERAL MANAGER means the general manager of Bluegum from time to time.

        GGEP means collectively Gilbert Global Equity Partners, L.P. of 785
        Smith Ridge Road, New Canaan, Connecticut, USA and Gilbert Global Equity
        Partners (Bermuda), L.P. of c/Hemisphere Management Company, Hemisphere
        House, Church Street, Hamilton, Bermuda.

        GROUP means all subsidiaries and controlled entities, and any holding
        companies of Bluegum.

        IBM means Information Business Machines Australia Limited of 55 Coonara
        Avenue, West Pennant Hills, New South Wales.

        LIQUIDITY EVENT means either:

                      (a)    the closing of an initial public offering of
                             Ordinary Shares of Bluegum listed on the Australian
                             Stock Exchange or any other stock exchange in the
                             world; or

                      (b)    a trade sale of Bluegum as described in clause 4.4
                             of the Shareholders Agreement; or

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                                       3

                      (c)    a sale of substantially all of the undertaking and
                             assets of Bluegum; or

                      (d)    a similar event resulting in a change of Control of
                             Bluegum.

        MANAGEMENT TEAM means William Kinnane, John Hughes, Barry Sullivan and
        the Executive.

        OPTIONS means the options granted to the Executive in accordance with
        the Executive Services Contract.

        ORDINARY SHARE means a fully paid ordinary share in Bluegum.

        SHAREHOLDERS AGREEMENT means the agreement dated 10 February 1998
        between A&B Venture Fund Company Pty Limited, Allbright Limited,
        Beauport Limited, Cascade Capital Corporation, Citadel Pooled
        Development Limited, Pinefilm Pty Limited, George Foster, Greystone
        Bluegum Acquisition LLC, LUCRF Pty Limited, Tambaro Consolidated Pty
        Limited and Bluegum.

        SICKNESS AND ACCIDENT PLAN means the sickness and accident plan
        established by IBM applicable to the Executive when the Executive was
        employed by IBM at the time just prior to cessation of the Executive's
        employment by IBM.

        SUBSCRIPTION AGREEMENT means the agreement between GGEP and Bluegum
        dated 20 September 1998.

        SUPERANNUATION FUND means the superannuation fund otherwise known as the
        Prudential Super Retirement Fund which is managed in accordance with
        Prudential Superannuation Master Trust Deed dated 27 June 1997 (with
        Prudential Australian Superannuation Limited as the trustee).

        TERM means the period commencing from the date of this agreement until
        termination of the agreement in accordance with clause 15.

               1.2    In this agreement unless the contrary intention appears:

                      (a)    a reference to a clause, schedule, annexure or
                             appendix is a reference to a clause of or schedule,
                             annexure or appendix to this agreement and
                             references to this agreement include any recital,
                             schedule, annexure or appendix;

                      (b)    a reference to this agreement or another instrument
                             includes any variation or replacement of either of
                             them;

                      (c)    a reference to a statute, ordinance, code or other
                             law includes regulations and other instruments
                             under it and consolidations, amendments,
                             re-enactments or replacements of any of them;

                      (d)    the singular includes the plural and vice versa;

                      (e)    the word person includes a firm, a body corporate,
                             an unincorporated association or an authority;

                      (f)    a reference to a person includes a reference to the
                             person's executors, administrators, successors,
                             substitutes (including, but not limited to, persons
                             taking by novation) and assigns;

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                                       4

                      (g)    an agreement, representation or warranty in favour
                             of two or more persons is for the benefit of them
                             jointly and severally;

                      (h)    an agreement, representation or warranty on the
                             part of two or more persons binds them jointly and
                             severally;

                      (i)    if a period of time is specified and dates from a
                             given day or the day of an act or event, it is to
                             be calculated exclusive of that day;

                      (j)    a reference to a day is to be interpreted as the
                             period of time commencing at midnight and ending 24
                             hours later;

                      (k)    a reference to a time or a date is a reference to
                             that time or date according to Australian Eastern
                             Standard Time; and

                      (l)    a reference to a monetary amount is a reference to
                             that amount in lawful Australian currency.

               1.3    Headings are inserted for convenience and do not affect
                      the interpretation of this agreement.

2       TERMINATION OF EXECUTIVE SERVICES CONTRACT

               2.1    The parties agree that the Executive Services Contract is
                      terminated on the Effective Date.

               2.2    The Executive agrees that all rights of the Executive
                      under the Executive Services Contract, including the right
                      to compensation, expired on the Effective Date.

3       TERM

        The appointment of the Executive commences on the Effective Date and
        will continue until the Executive's employment is terminated in
        accordance with clause 15 of this agreement.

4       APPOINTMENT

               4.1    Bluegum appoints the Executive as Manufacturing Director
                      and the Executive accepts that appointment.

               4.2    The Executive agrees to:

                      (a)    devote the whole of his time and attention and
                             skill during normal business hours, and at such
                             other times as is reasonably necessary, to the
                             duties of his office;

                      (b)    faithfully and diligently perform the duties of,
                             and exercise the powers consistent with, the office
                             to which he is appointed as may from time to time
                             be assigned to or vested in the Executive by the
                             Board; and

                      (c)    promote the interests of Bluegum and the Group.

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                                       5

               4.3    The Executive will report directly to the General Manager
                      and must provide prompt and full information on the
                      conduct of the business or affairs of Bluegum and the
                      Group.

               4.4    The Executive must comply with the reasonable directions
                      given by the General Manager and the Chief Executive
                      Officer.

5       REMUNERATION

               5.1    From the Effective Date, the Executive will be remunerated
                      at the rate of $_________ per annum ("PACKAGE").

               5.2    The Package remuneration will be made available in the
                      combination of cash salary, provision of motor vehicle,
                      provision of superannuation contributions and provision of
                      other non-cash benefits agreed between Bluegum and the
                      Executive from time to time.

               5.3    The Package will be reviewed by the Board annually, taking
                      into account the efforts and performance of the Executive
                      in relation to the earnings before interest and taxation
                      of Bluegum for the end of each calendar year period,
                      compared to the previous calendar year period.
                      Additionally, from time to time, the Board may at its
                      discretion review the Package in light of the Executive's
                      performance.

               5.4    For each calendar year, the Chief Executive Officer of
                      Bluegum at his discretion may make an annual incentive
                      payment to the Executive. The availability and amount of
                      any such incentive payment will be entirely a decision of
                      the Chief Executive Officer in accordance with Bluegum's
                      Business Plan and in light of performance reviews of the
                      Executive.

               5.5    Any fringe benefits tax or other similar tax or other
                      charges incurred by Bluegum in providing any component of
                      the Package will be deducted from the total Package
                      payable to the Executive.

               5.6    Bluegum will reimburse the Executive for all reasonable
                      out-of-pocket expenses incurred by the Executive on the
                      business of Bluegum which expenses must be evidenced in
                      the manner Bluegum reasonably requires before payment.
                      Bluegum will, at its own cost, purchase directors' and
                      officers' liability insurance for the Executive. Any
                      associated fringe benefits tax or other taxes for which
                      Bluegum becomes liable in relation to benefits paid or
                      payments made under this clause 5.6 will not form part of
                      the Package.

6       SUPERANNUATION

               6.1    Bluegum must make contributions with respect to the
                      Executive to the Superannuation Fund or to a fund
                      nominated by the Executive in accordance with the minimum
                      contributions required by law and the terms of the fund.

               6.2    A superannuation contribution made for the benefit of the
                      Executive under this agreement must not in any
                      circumstances exceed the amount of contributions which
                      when contributed to the relevant fund

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                      secures the benefits which fall within the limitations
                      referred to in section 237(6) of the Corporations Law.

7       LONG TERM COMPENSATION INCENTIVE

               7.1    The Executive is entitled to subscribe for a number of
                      Ordinary Shares in Bluegum as determined by the Board from
                      time to time and subject to shareholders' approval under
                      the terms of the Shareholders Agreement.

               7.2    The parties agree that the Options expired on the
                      Effective Date.

               7.3    In consideration of payment of the sum of $_____ by the
                      Executive (receipt of which is acknowledged), Bluegum
                      grants the Executive _______ Bluegum Options to purchase
                      Ordinary Shares in Bluegum with each Bluegum Option having
                      an exercise price of $_____ per Ordinary Share,
                      exercisable:

                      (a)    in three equal parcels as follows:

                             (i)    ______ Bluegum Options exercisable from the
                                    date of this agreement;

                             (ii)   ______ Bluegum Options exercisable from the
                                    first anniversary date of this agreement;
                                    and

                             (iii)  ______ Bluegum Options exercisable from the
                                    second anniversary date of this agreement;
                                    or

                      (b)    in total on a Liquidity Event of Bluegum.

               7.4    If the Executive wishes to exercise the Bluegum Options,
                      the Executive must give Bluegum a written notice stating:

                      (a)    the number of Bluegum Options to be exercised; and

                      (b)    the date nominated for the exercise of the Bluegum
                             Options, such date being at least seven days after
                             the date written notice is provided by the
                             Executive to Bluegum under this clause 7.4.

               7.5    On the exercise of a Bluegum Option, the Executive must
                      pay to Bluegum the total exercise price for the number of
                      Bluegum Options being exercised in accordance with clause
                      7.4, against delivery of the share certificates for the
                      relevant number of Ordinary Shares issued upon exercise of
                      the Bluegum Options.

               7.6    Bluegum undertakes to use its best endeavours to procure
                      the issue to the Executive of:

                      (a)    ________ options; and

                      (b)    a number of options out of a pool of 95,000 options
                             to be determined by the Board in light of the
                             Executive's performance for calendar year 1998,

        to purchase ordinary shares in a holding company of Bluegum established
        in Singapore following completion of the proposed restructuring of
        Bluegum. The terms and conditions

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        of any future options granted under this clause 7.6 will be determined
        at the discretion of the board of the relevant holding company of
        Bluegum in light of Performance Reviews of the Executive prior to the
        issue of such options.

               7.7    For each future calendar year, Bluegum will grant further
                      options to the Executive in accordance with the Executive
                      Option Plan.

8       RELOCATION

               8.1    The Executive agrees that Bluegum, may, at its discretion,
                      relocate the Executive within Australia provided that:

                      (a)    Bluegum compensates the Executive for all
                             reasonable increases in the cost of living in the
                             relocated position; and

                      (b)    Bluegum reimburses the Executive for reasonable
                             costs incurred in connection with relocating the
                             Executive and his spouse and children; and

                      (c)    the Executive's total annual compensation in the
                             relocated position is equivalent to, or greater
                             than, that specified in the Package.

9       LEAVE

               9.1    The Executive will be entitled, in addition to normal
                      public holidays, to four weeks paid annual leave in
                      respect of each completed year of service at a period or
                      periods to be agreed by Bluegum and the Executive.

               9.2    Bluegum may require the Executive to take any significant
                      accrued but untaken annual leave entitlement at any time
                      or times directed by Bluegum.

               9.3    The Executive is entitled to long service leave in
                      conformity with relevant statutory entitlements. Any long
                      service leave entitlement of the Executive for years of
                      service with IBM is accrued for the purposes of the
                      Executive's employment by Bluegum and the period for long
                      service leave for Bluegum is deemed to include years of
                      service with IBM.

10      PAYMENT DURING ABSENCE ON MEDICAL GROUNDS

               10.1   Bluegum will continue to pay the Executive's Package
                      during any period of absence on medical grounds in full
                      for up to a maximum of 52 weeks in any period of 24 months
                      in accordance with the terms of the Sickness and Accident
                      Plan.

               10.2   The Executive must, if Bluegum so requires:

                      (a)    provide evidence to the reasonable satisfaction of
                             Bluegum that any absence from Bluegum was due to
                             illness or involuntary injury and

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                      (b)    comply with medical examination and information
                             requests from Bluegum and Bluegum's insurers in
                             relation to any illness or injury causing absence
                             from Bluegum.

11      CONFIDENTIAL PROPERTY

               11.1   All Confidential Property of the Executive will be
                      disclosed in writing promptly to Bluegum.

               11.2   Subject to clause 11.3, in consideration of the payment by
                      Bluegum of a sum of $10.00 (receipt of which is hereby
                      acknowledged) the Executive assigns all his right, title
                      and interest in all proprietary or ownership rights
                      (including copyright) in the Confidential Property of the
                      Executive to Bluegum absolutely. The Executive agrees to
                      execute any documents and do everything else necessary or
                      appropriate to effect an assignment to Bluegum under this
                      clause 11.2.

               11.3   Bluegum acknowledges that the Executive may not be able to
                      assign all right, title and interest in proprietary or
                      ownership rights (including copyright) in the Confidential
                      Property because of a prior agreement. The Executive must
                      disclose any such prior agreements to Bluegum on the date
                      of entering into this agreement.

               11.4   The Executive acknowledges and agrees:

                      (a)    that as a result of the assignments to Bluegum
                             pursuant to clause 11.2, all proprietary and
                             ownership rights including copyright in the
                             Confidential Property assigned to Bluegum under
                             clause 11.2 are the absolute property of Bluegum;

                      (b)    that the Confidential Property assigned to Bluegum
                             pursuant to clause 11.2 may only be copied or used
                             as permitted by Bluegum;

                      (c)    to co-operate with Bluegum and its legal advisers
                             in the preparation of any applications for
                             registration or otherwise in respect of any
                             Confidential Property assigned to Bluegum under
                             clause 11.2; and

                      (d)    that the decision to file for patent or copyright
                             protection in respect of, or to maintain as a trade
                             secret, any Confidential Property assigned to
                             Bluegum under clause 11.2, will be in the sole
                             discretion of Bluegum, and the Executive will be
                             bound by such decision.

               11.5   The Executive's obligations under this clause 11 survive
                      the termination of this agreement.

12      SECRECY

               12.1   The Executive must:

                      (a)    keep any Confidential Information secret and
                             confidential, except to the extent that the
                             Executive is required by law to disclose it:

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                                       9

                      (b)    take all reasonable and necessary precautions to
                             maintain the secrecy and prevent the disclosure of
                             any Confidential Information, and

                      (c)    not disclose Confidential Information to any third
                             party without first obtaining the written consent
                             of the Board except in the ordinary and proper
                             course of employment with Bluegum.

               12.2   The Executive must not (except in the proper course of his
                      duties), divulge to any person or use for any purpose
                      other than those of Bluegum, and must use his best
                      endeavours to prevent the disclosure of any Confidential
                      Information concerning the business or finances of Bluegum
                      including but not limited to:

                      (a)    any information relating to the business, methods,
                             processes, techniques, products, engineering,
                             programming or research of Bluegum;

                      (b)    any information about the financial results of
                             Bluegum or the financial results of the Group, or
                             any information which would enable the
                             determination of such financial results;

                      (c)    all proprietary and technical information of
                             Bluegum, including the Confidential Property
                             assigned to Bluegum under this agreement and other
                             computer techniques, programs, services, systems
                             and inventions of Bluegum; and

                      (d)    lists of Bluegum's current or potential customers,
                             prospective lead or target accounts, the identity
                             of various suppliers of products or services,
                             pricing schedules, computer programming needs of
                             its customers, information as to the profitability
                             of specific accounts, and information about Bluegum
                             itself and its executives, officers, directors and
                             employees,

        or of any of the dealings, transactions or affairs which may come to his
        knowledge during or in the course of his employment, other than
        information which is freely available to the public, and except to the
        extent that he is required to disclose that information by law.

               12.3   The Executive's obligations under this clause 12 survive
                      the termination of this agreement.

               12.4   Nothing in this clause is to be taken as limiting the
                      Executive's duty to Bluegum and the Group.

13      RESTRICTIONS ON OTHER ACTIVITIES OF THE EXECUTIVE

               13.1   For so long as the Executive is in the employment of
                      Bluegum, he must avoid conflicts of interest in relation
                      to Bluegum and must not engage in any activities or
                      advance any personal interests, at the expense of
                      Bluegum's interests including but not limited to:

                      (a)    assisting a competitor;

                      (b)    supplying or assisting a supplier to Bluegum;

                      (c)    using Bluegum's time and assets for non-Bluegum
                             work; or

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                                       10

                      (d)    having a financial interest in an organisation with
                             which Bluegum does business or competes,

        without the prior written consent of Bluegum.

14      EMPLOYMENT RESTRICTIONS

               14.1   The Executive undertakes to Bluegum that he will not
                      without the previous written consent of Bluegum:

                      (a)    from the date of termination of employment under
                             this agreement ("TERMINATION DATE") for the period
                             specified in clause 14.1(a)(ii) either directly or
                             indirectly in any capacity (including as principal,
                             agent, partner, employee, shareholder, unitholder,
                             director, trustee, beneficiary, manager,
                             consultant, adviser or financier) provide services
                             to, be engaged with, or be concerned in any entity
                             engaged in:

                             (i)

                                    (A)     the business of contract
                                            manufacturing of electronic hardware
                                            for the information technology and
                                            telecommunications industries; or

                                    (B)     the business of contract
                                            manufacturing of electronic hardware
                                            for the information technology,
                                            telecommunications, defence,
                                            aerospace, medical, industrial and
                                            automotive industries;

                             (ii)

                                    (A)     for a period of 2 years; or

                                    (B)     for a period of 18 months; or

                                    (C)     for a period of 1 year;

                             (iii)

                                    (A)     in Australia and New Zealand; or

                                    (B)     in Australia; or

                                    (C)     in Victoria and New South Wales.

               14.2   Clause 14.1(a) has effect as if it were the number of
                      separate clauses which results from combining the
                      commencement of clause 14.1(a) with each paragraph of
                      clause 14.1(a)(i) and combining each such combination with
                      each paragraph of clause 14.1(a)(ii) and combining each
                      such combination with each paragraph of clause
                      14.1(a)(iii), each such resulting clause being severable
                      from each other resulting clause, and if any of those
                      separate resulting clauses is invalid or unenforceable for
                      any reason, that invalidity or enforceability does not
                      prejudice or in any way affect the validity or
                      enforceability of any other resulting clause. If the
                      combination of clauses, then taken together is judged to
                      go beyond what is reasonable in the circumstances and
                      necessary to protect the goodwill of Bluegum, but

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                                       11

                      would be judged reasonable and necessary if part were
                      deleted, then the clauses are to be construed as if that
                      part were deleted.

               14.3   The Executive acknowledges, that having regard to his
                      duties with Bluegum, that he has or will become possessed
                      of secret and confidential knowledge and information
                      relating to the trade secrets, industrial process and
                      other information concerning the business or finances of
                      Bluegum and the Group and that disclosure of such
                      knowledge and information could materially harm Bluegum
                      and the Group and therefore agrees that the restrictive
                      covenants contained in this clause 14 are reasonable and
                      necessary for the protection of the goodwill of Bluegum
                      and the Group.

15      TERMINATION

               15.1   This agreement may be terminated at any time after 20
                      February 2002 by Bluegum provided Bluegum after that date,
                      gives the Executive at least three months' prior notice in
                      writing. If notice is given under this clause 15.1, this
                      agreement terminates on the expiration of the notice
                      period given to the Executive. On termination under this
                      clause 15.1, the Executive agrees that he will have no
                      right to further compensation other than:

                      (a)    any accrued amount of the Package to which the
                             Executive is entitled on the date of termination;

                      (b)    any amount to which the Executive is entitled in
                             lieu of unused annual leave; and

                      (c)    any amount to which the Executive is entitled in
                             relation to long service leave.

               15.2   If the Executive:

                      (a)    commits any serious or persistent breach of this
                             agreement including, without limitation,
                             intentional disobedience, dishonesty, serious or
                             persistent breach of duty, or serious or persistent
                             neglect;

                      (b)    materially breaches this agreement and does not
                             remedy that breach within two days of receiving
                             notice from Bluegum specifying the breach;

                      (c)    is declared bankrupt or enters into any composition
                             or arrangement in favour of the Executive's
                             creditors; or

                      (d)    is convicted of a criminal offence which, in the
                             opinion of Bluegum, may detrimentally affect
                             Bluegum,

        then Bluegum may immediately terminate the employment of the Executive
        under this agreement. In the event the Executive's employment is
        terminated in accordance with this clause 15.2, the parties agree that
        Bluegum's total obligation to pay compensation to the Executive is
        limited to:

                      (e)    any accrued amount of the Package to which the
                             Executive is entitled to on the date of
                             termination;

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                      (f)    any amount to which the Executive is entitled in
                             lieu of unused annual leave; and

                      (g)    any amount to which the Executive is entitled in
                             relation to long service leave.

               15.3   If the Chief Executive Officer determines as a result of a
                      performance review that any of the Executive's duties or
                      obligations under this agreement are:

                      (a)    being performed by the Executive in a manner
                             unsatisfactory to the Chief Executive Officer; or

                      (b)    not being performed;

        then the Chief Executive Officer or the Board may give the Executive a
        notice to that effect and advise the Executive to resolve the act,
        matter or thing within three months. If after three months from the
        provision of such notice by the Board to the Executive, the Executive
        has not improved his performance to the satisfaction of the Chief
        Executive Officer and the Board, Bluegum may terminate the employment of
        the Executive under this agreement. Upon termination of the employment
        of the Executive under the clause 15.3, Bluegum will pay the Executive
        six months of the amount of the Package.

               15.4   If the Executive's employment is terminated otherwise than
                      as specified in this clause 15, the Executive will be
                      compensated the greater of:

                      (a)    the amount of the Package payable to the Executive
                             as on the Termination Date if the Executive
                             continued to be employed by Bluegum from the
                             Termination Date to 20 February 2002; or

                      (b)    the amount of the Package payable to the Executive
                             as on the Termination Date if the Executive
                             continued to be employed by Bluegum for a one year
                             period from the Termination Date

               15.5   Any obligations of the Executive relating to Confidential
                      Information, Confidential Property and Employment
                      Restrictions will remain in full force and effect,
                      notwithstanding termination of this contract of
                      employment.

               15.6   On termination of employment under this agreement for any
                      reason, the Executive must immediately deliver to Bluegum
                      all Confidential Information and Confidential Information
                      and all Bluegum products, books, documents, papers,
                      including but not limited to, customer correspondence,
                      internal memoranda, photocopies of products and designs,
                      sale brochures, price lists, customer lists, any customer
                      information, sales literature, notebooks, computer
                      training materials, textbooks and all copies,
                      duplications, replications and derivatives of such
                      materials and credit cards, motor cars and other property
                      of or relating to Bluegum or any related body corporate
                      which may then be in his possession or under his power or
                      control.

               15.7   If this agreement is terminated under this clause 15, the
                      Executive must, at Bluegum's option and sole expense,
                      within 10 days of the first notice of termination execute
                      a Certificate of Conclusion of Employment in the form
                      provided by Bluegum certifying that the

<PAGE>   15
                                       13

                      Executive has complied with his obligations and
                      acknowledging the Executive's continuing obligations under
                      clauses 11, 12, 14 and 16 of this agreement.

16      DIVESTMENT OF SHARES UPON CESSATION OF EMPLOYMENT

               16.1   The Executive agrees that upon the cessation of his
                      employment by Bluegum, for whatever reason, that the
                      Executive will dispose of any shares the Executive holds
                      in Bluegum for fair market value at Bluegum's direction
                      and in accordance with this clause 16.

               16.2   For the purpose of clause 16.1 and in the case of a
                      dispute between the Executive and Bluegum regarding fair
                      market value, fair market value will be determined by an
                      independent expert in accordance with clause 30 of the
                      Shareholders Agreement.

               16.3   The members of the Management Team (excluding the
                      Executive) will have a first option to purchase any shares
                      disposed under clause 16.1, pro-rata to their existing
                      holdings of Ordinary Shares. If any shares to be disposed
                      of under clause 16.1 are not purchased by the Management
                      Team, then:

                      (a)    all remaining investors in Bluegum will be entitled
                             to purchase the shares, pro rata to their holdings
                             in Bluegum;

                      (b)    if all shares are not purchased under sub-clause
                             (a), then Bluegum will be entitled to buy-back any
                             remaining shares.

17      NOTICES

               17.1   A notice, approval, consent or other communication in
                      connection with this agreement must be in writing, and
                      must be left at the address of the addressee, or sent by
                      prepaid ordinary post to that address or sent by facsimile
                      to the facsimile number of the addressee which is
                      specified in this clause or if the addressee notifies
                      another address or facsimile number then to that address
                      or facsimile number.

               17.2   The address and facsimile number of each party is:

        BLUEGUM
        Attention:
        Address:

        Facsimile:

        Address:

        Facsimile:

               17.3   A notice, approval, consent or other communication takes
                      effect from the time it is received unless a later time is
                      specified in it.

               17.4   A letter or facsimile is taken to be received:

<PAGE>   16
                                       14

                      (a)    in the case of a posted letter, on the third
                             (seventh, if posted to or from a place outside
                             Australia) day after posting; and

                      (b)    in the case of a facsimile, on production of a
                             transmission report by the machine from which the
                             facsimile was sent which indicates that the
                             facsimile was sent in its entirety to the facsimile
                             number of the recipient.

18      ENTIRE AGREEMENT

               18.1   This agreement constitutes the entire agreement of the
                      parties about its subject matter and any previous
                      agreements, understandings and negotiations on that
                      subject matter cease to have any effect.

19      WAIVER

               19.1   A provision of or a right created under this agreement may
                      not be:

                      (a)    waived except in writing signed by the party
                             granting the waiver; or

                      (b)    varied except in writing signed by the parties.

20      SEVERANCE

        If the whole or any part of a provision of this agreement is void,
        unenforceable or illegal in a jurisdiction it is severed for that
        jurisdiction. The remainder of this agreement has full force and effect
        and the validity or enforceability of that provision in any other
        jurisdiction is not affected. This clause has not effect if the
        severance alters the basic nature of this agreement or is contrary to
        public policy.

21      GOVERNING LAW

               21.1   This agreement and the transactions contemplated by this
                      agreement are governed by the law in force in Victoria.

               21.2   Each party irrevocably and unconditionally submits to the
                      non-exclusive jurisdiction of the courts of Victoria and
                      courts of appeal from them for determining any dispute
                      concerning this agreement.

EXECUTED as an agreement

<PAGE>   17
                                       15

EXECUTION PAGE

SIGNED by                                   )
for and on behalf of BLUEGUM GROUP          )
PTY LIMITED in the presence of:             )
                                            )
                                            )
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Signature of witness                        )
                                            )
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Name of witness (block letters)             )
                                            )
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Address of witness                          )
                                            )
                                            )    -------------------------
----------------------------------          )    Signature
Occupation of witness

SIGNED by __________ in the                 )
presence of:                                )
                                            )
                                            )
                                            )
                                            )
----------------------------------          )
Signature of witness                        )
                                            )
                                            )
----------                                  )
Name of witness (block letters)             )
                                            )
                                            )
----------------                            )
Address of witness                          )
                                            )
                                            )
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Occupation of witness                       )    Signature<PAGE>   1

                                                                     Exhibit 4.2

PERSONAL & CONFIDENTIAL

Dear ________,

I refer to our various recent discussions and have pleasure in confirming our
offer of employment to you as _______________ , Bluegum Group Pty Limited.
(Please note your working title internally and in the Australasian market will
be ________________ .) In this position you will report to myself as Chief
Executive Officer.

The following terms and conditions of employment will apply:

EMPLOYMENT STATUS

Permanent full time

LOCATION

Liverpool

REMUNERATION

Your fixed remuneration package will be A$________ per annum. This includes
company contribution to superannuation. Your salary will be paid monthly by
Bluegum Telecommunications Pty Limited on the 15th of each month by electronic
funds transfer to your nominated bank account.

In addition, you will be eligible to receive variable remuneration of __%
(threshold 1 satisfactory performance) or __% (threshold 2 - superior
performance) of A$_______ per annum (to be adjusted annually in the same manner
and by the same percentage as your fixed remuneration package) against the
achievement of performance objectives to be mutually agreed.

<PAGE>   2

SHARES

Initially you will receive 10,000 share options in the company. These options
will have a strike price to be determined by the Board. You may be granted
further options in the future at the discretion of the Board.

In addition, to increase your equity in the company you will be encouraged to
purchase employee shares as they become available. In this connection we are
actively pursuing an initial parcel of 15,000 shares.

MOTOR VEHICLE

The company operates a novated lease arrangement with Lease Plan Australia
Limited. Should you wish to take up this option, the value of your novated lease
will be deducted from your fixed remuneration package.

LEAVE

Four weeks annual leave and NSW statutory holidays will apply. Leave loading is
included in your fixed remuneration package.

You will be entitled to up to 15 days paid Personal Leave each year cumulative
to 90 days. Personal Leave includes sick leave, carer's leave, compassionate
leave, etc. In addition, salary continuance insurance providing 75% of your
fixed remuneration package after a waiting period of three months for up to 24
months will be provided.

SUPERANNUATION

Company contribution to superannuation is _% of your fixed remuneration package.
Any future variations to this percentage will be funded from your fixed
remuneration package. These contributions will be paid to the Bluegum Colonial
Master Trust Fund. Additional contributions on either a pre or post tax basis
are at your discretion.

HOURS OF WORK

You will be expected to work such reasonable hours as necessary and mutually
agreed to complete your work.

REMUNERATION REVIEWS

Your fixed remuneration package will be reviewed annually on the basis of
individual and team contribution, company performance and market surveys.

<PAGE>   3

TERMINATION OF EMPLOYMENT

Should you wish to resign, a minimum of three calendar months notice will be
required.

On acceptance of our offer of employment you will be provided with an Executive
Service Agreement which will remain in force for a period of three years from
the date of commencement of your employment with Bluegum. Should your employment
be terminated during this period, unless for poor performance or summary
dismissal, you will be compensated the greater of:

        (a)    the amount of your package payable on the termination date as if
               you had continued to be employed from termination date until
               three years from date of commencement of employment, or

        (b)    the amount of your package payable on the termination date as if
               you continued to be employed for a one year period from the
               termination date.

After three years from date of commencement of employment Bluegum may terminate
your employment by giving three months notice.

CONFIDENTIAL INFORMATION AND INTELLECTUAL PROPERTY

In your position you will have access to company confidential information and as
such will be required to sign a Confidentiality Agreement on commencement of
employment.

PROVISION OF INFORMATION

It is understood that all of the information provided by you as a part of your
selection process is true and correct. The supply of false information renders
you liable for dismissal.

SECURITY

Details of the company's security policy will be explained to you on
commencement of employment. However, you should be aware that security staff or
other authorised representatives of the company may require you to open your
personal property for inspection during the course of your employment.

DATE OF COMMENCEMENT

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

<PAGE>   4

I would be grateful if you would indicate your understanding and acceptance of
the above terms and conditions of employment by signing below and returning one
copy of this letter to me.

I look forward to welcoming you to the Bluegum team and to working with you in
the future.

Yours sincerely,

Paul Zuber
Chief Executive Officer

                                            Accepted
                                                    ----------------------------

                                            Date
                                                --------------------------------

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