Document:

<PAGE>

                                                                    EXHIBIT 10.2

                              AMENDED AND RESTATED
                 UNITED/NEW UNITED AGREEMENT AND PLAN OF MERGER

This AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER (this "Agreement") is
entered into as of the 31st day of December, 2001, by and among New
UnitedGlobalCom, Inc., a Delaware corporation ("New United"), UnitedGlobalCom,
Inc., a Delaware corporation ("United"), and United/New United Merger Sub, Inc.,
a Delaware corporation ("Merger Sub"), pursuant to Section 251 of the General
Corporation Law of the State of Delaware (the "DGCL").

WITNESSETH that:

WHEREAS, on December 3, 2001, the parties hereto entered into a United/New
United Agreement and Plan of Merger (the "Original Agreement"), and

WHEREAS, the parties hereto desire to amend and restate the Original Agreement
in its entirety, and

WHEREAS, each of the parties to this Agreement intends for Merger Sub to merge
with and into United, with United as the surviving entity in such merger,

NOW, THEREFORE, the parties to this Agreement, in consideration of the mutual
covenants, agreements and provisions hereinafter contained, do hereby prescribe
the terms and conditions of said merger and the mode of carrying the same into
effect as follows:

FIRST:  At the Effective Time, as hereinafter defined, Merger Sub shall be
merged with and into United (the "Merger"), with United being the surviving
entity in the Merger (the "Surviving Entity") and changing its name to "UGC
Holdings, Inc."

SECOND:  At the Effective Time, the manner of converting the outstanding shares
of the capital stock of United and Merger Sub shall be as follows:

     (a) All of the shares of United's Series E Convertible Preferred Stock, par
     value $0.01 per share, that are issued and outstanding immediately prior to
     the Effective Time shall be automatically converted into an aggregate of
     1,500 shares of Class A Common Stock, par value $0.01 per share, of the
     Surviving Entity.

     (b) Each share of United's Class A Common Stock, par value $0.01 per share
     ("United Class A Stock"), that is issued and outstanding immediately prior
     to the Effective Time (except as provided in paragraph (g) below) shall be
     automatically converted into and represent the right to receive, and shall
     be exchangeable for one share of Class A Common Stock, par value $0.01 per
     share, of New United ("New United Class A Stock").

     (c) Each share of United's Class B Common Stock, par value $0.01 per share
     ("United Class B Stock"), that is issued and outstanding immediately prior
     to the Effective Time (except as provided in paragraph (g) below and
     excluding Dissenting Shares) shall be automatically converted into and
     represent the right to receive, and shall be exchangeable for one share of
     New United Class A Stock.

     (d) Each share of United's Convertible Preferred Stock, Series B, par value
     $0.01 per share ("United Series B Preferred Stock"), outstanding
     immediately prior to the Effective Time (except as provided in paragraph
     (g) below and excluding Dissenting Shares) shall be automatically converted
     into and represent the right to receive, and shall be exchangeable for, a
     number of shares of New United Class A Stock equal to the number of shares
     of United Class A Stock that the holder of such share of United Series B
     Preferred Stock would have received in respect of such share if such holder
     had converted such share into shares of United Class A Stock immediately
     prior to the Merger;

     (e) Each share of United's 7% Series C Senior Cumulative Convertible
     Preferred Stock, par value $0.01 per share ("United Series C Preferred
     Stock"), outstanding immediately prior to the Effective Time (except as
     provided in paragraph (g) below and excluding Dissenting Shares) shall be
     automatically converted into and represent the right to receive, and shall
     be exchangeable for, a number of shares of New United Class A Stock equal
     to the number of shares of United Class A

                                       1
<PAGE>

     Stock that the holder of such share of United Series C Preferred Stock
     would have received in respect of such share if such holder had converted
     such share into shares of United Class A Stock immediately prior to the
     Merger and assuming for such purpose that United had elected to pay any
     accumulated and unpaid dividends thereon by the issuance of shares of
     United Class A Stock as contemplated by the Certificate of Designation for
     the United Series C Preferred Stock;

     (f) Each share of United's 7% Series D Senior Cumulative Convertible
     Preferred Stock, par value $0.01 per share ("United Series D Preferred
     Stock" and, together with the United Series B Preferred Stock and the
     United Series C Preferred Stock, the "United Preferred Stock"), outstanding
     immediately prior to the Effective Time (except as provided in paragraph
     (g) below and excluding Dissenting Shares) shall be automatically converted
     into and represent the right to receive, and shall be exchangeable for, a
     number of shares of New United Class A Stock equal to the number of shares
     of United Class A Stock that the holder of such share of United Series D
     Preferred Stock would have received in respect of such share if such holder
     had converted such share into shares of United Class A Stock immediately
     prior to the Merger and assuming for such purpose that United had elected
     to pay any accumulated and unpaid dividends thereon by the issuance of
     shares of United Class A Stock as contemplated by the Certificate of
     Designation for the United Series D Preferred Stock;

     (g) Each share of United Class A Stock, United Class B Stock, United Series
     B Preferred Stock, United Series C Preferred Stock or United Series D
     Preferred Stock that immediately prior to the Effective Time is held by New
     United or that is held by United in treasury shall be cancelled and retired
     without payment of any consideration therefor and without any conversion
     thereof into any other securities or the right to receive any other
     securities.

     (h) No fractional shares of New United Class A Stock shall be issued in the
     Merger. All such fractional shares of New United Class A Stock that a
     holder of United Preferred Stock would otherwise be entitled to receive as
     a result of the Merger shall be aggregated in the manner described in
     paragraph (c) of Article Sixth and if a fractional share results from such
     aggregation, such holder shall be entitled to receive, in lieu thereof, an
     amount in cash without interest determined by multiplying the closing sale
     price of a share of United Class A Stock on the Nasdaq Stock Market on the
     last full trading day immediately preceding the Effective Time by a
     fraction of a share of New United Class A Stock to which such holder would
     otherwise have been entitled.

     (i) All outstanding options to purchase shares of United Class A Stock
     granted under plans listed in Section 2.5(c) of the United Disclosure
     Schedule ("United Stock Options") to that certain Amended and Restated
     Agreement and Plan of Restructuring and Merger, dated as of December 31,
     2001, by and among United, New United, Merger Sub, Liberty Media
     Corporation, Liberty Media International, Inc., Liberty Global, Inc. and
     each Founder (as therein defined) (the "Restructuring Agreement"), shall
     remain outstanding, be assumed by New United and thereafter be exercisable,
     at the same per share exercise price and pursuant to the same terms and
     conditions, including vesting conditions, for a number of shares of New
     United Class A Stock equal to the number of shares of United Class A Stock
     for which such stock option was exercisable immediately prior to the
     Effective Time.

     (j) All of the shares of Merger Sub's Class B Common Stock, par value $0.01
     per share, and Class C Common Stock, par value $0.01 per share, outstanding
     immediately prior to the Effective Time and held by New United shall be
     converted into and represent the right to receive, and shall be
     exchangeable for, respectively, an aggregate of 1,500 shares of Class B
     Common Stock, par value $0.01 per share, of the Surviving Entity, and an
     aggregate of 300,000 shares of Class C Common Stock, par value $0.01 per
     share, of the Surviving Entity.

     (k) If, after the date of this Agreement but prior to the Effective Time,
     either of United or New United effects any stock dividend, stock split,
     reverse stock split, recapitalization or reclassification affecting the
     shares of its common stock or preferred stock of any class or series, or
     otherwise effects any transaction that changes such shares into any other
     securities (including securities of another

                                       2
<PAGE>

     entity) or effects any other dividend or distribution (other than a normal
     cash dividend payable out of current or retained earnings) on such shares,
     then the terms of the foregoing exchanges (including the exchange rates and
     the terms of the conversion of the United Stock Options) shall, as
     appropriate, be adjusted to reflect such event.

     (l) As of and following the Effective Time, (x) the Certificate of
     Incorporation and Bylaws of the Surviving Entity shall be as set forth on
     Exhibit A and Exhibit B hereto, respectively, and (y) until their
     successors are duly elected or appointed in accordance with the Certificate
     of Incorporation and the Bylaws of the Surviving Entity and the terms of
     the United/Liberty Agreement (as defined in the Restructuring Agreement),
     the directors of Merger Sub immediately prior to the Effective Time shall
     be the directors of the Surviving Entity.

     (m) Notwithstanding any other provisions in this Agreement to the contrary,
     shares of United Class B Stock, United Series B Preferred Stock, United
     Series C Preferred Stock and United Series D Preferred Stock that are
     outstanding immediately prior to the Effective Time and that are held by
     stockholders who have not voted in favor of the Merger or consented thereto
     in writing and who have properly demanded appraisal for such shares in
     accordance with Section 262 of the DGCL (collectively, the "Dissenting
     Shares"), shall not be converted into or represent the right to receive, or
     be exchangeable for, any securities of New United as provided herein. Such
     stockholders instead shall be entitled to receive payment of the appraisal
     value of such shares held by them in accordance with Section 262 of the
     DGCL, except that all Dissenting Shares of stockholders who have failed to
     perfect or who have effectively withdrawn or otherwise lost their rights to
     appraisal under Section 262 of the DGCL, shall thereupon be deemed to have
     been converted into and become, as of the Effective Time, securities of New
     United as provided herein.

     (n) At the Effective Time, New United shall execute and file with the
     Secretary of State of the State of Delaware a Certificate of Amendment, in
     the form attached hereto as Exhibit C, changing the name of New United to
     "UnitedGlobalCom, Inc."

THIRD: In connection with the Merger, the following will occur:

     (a) The Merger shall become effective at the time set forth in a
     Certificate of Merger, in the form attached hereto as Exhibit D (the
     "Certificate of Merger"), duly executed and filed with the Secretary of
     State of the State of Delaware (the "Effective Time").

     (b) At the Effective Time, all the property, rights, privileges,
     franchises, patents, trademarks, licenses, registrations and other assets
     of every kind and description of Merger Sub shall be transferred to, vested
     in and devolve upon the Surviving Entity without further act or deed and
     all property, rights, and every other interest of the Surviving Entity and
     Merger Sub shall be as effectively the property of the Surviving Entity as
     they were of the Surviving Entity and Merger Sub respectively.

FOURTH: Prior to the filing of the Certificate of Merger, this Agreement shall
have been approved and adopted by the sole stockholder of Merger Sub, the sole
stockholder of New United, and the stockholders of United as provided in the
Restructuring Agreement.

FIFTH: Anything herein or elsewhere to the contrary notwithstanding, but subject
to the terms of the Restructuring Agreement, this Agreement may be terminated
and abandoned by the Board of Directors of any constituent entity at any time
prior to the Effective Time. This Agreement may be amended by the Board of
Directors of the constituent entities at any time prior to the Effective Time,
subject to the terms of the Restructuring Agreement, provided that an amendment
made subsequent to the approval and adoption of this Agreement by the
stockholders of any constituent entity shall not (1) alter or change the amount
or kind of shares, securities, cash, property and/or rights to be received in
exchange for, or on conversion of, all or any of the shares of any class or
series or any such constituent entity, (2) alter or change any term of the
Certificate of Incorporation of the Surviving Entity of the Merger, or (3) alter
or change any of the terms and conditions of this Agreement if such alteration
or change would adversely affect the holders of any of the shares of any class
or series of such constituent entity.

                                       3
<PAGE>

SIXTH: Surrender and payment for securities of United shall occur as follows:

     (a) At and after the Effective Time, certificates representing shares of
     United Class A Stock shall represent an equal number of shares of New
     United Class A Stock.

     (b) Prior to the Effective Time, United shall appoint an agent, which may
     be an affiliate of United or New United (the "Exchange Agent") for the
     purpose of exchanging (i) certificates representing shares of United Class
     B Stock for certificates representing an equal number of shares of New
     United Class A Stock (the "Class B Consideration"), (ii) certificates
     representing shares of United Series B Preferred Stock for the merger
     consideration determined by reference to paragraphs (d) and (h) of Article
     Second (the "Series B Consideration"), (iii) certificates representing
     shares of United Series C Preferred Stock for the merger consideration
     determined by reference to paragraphs (e) and (h) of Article Second (the
     "Series C Consideration"), and (iv) certificates representing shares of
     United Series D Preferred Stock for the merger consideration determined by
     reference to paragraphs (f) and (h) of Article Second (the "Series D
     Consideration"). At the Effective Time, New United shall deposit with the
     Exchange Agent (i) the Class B Consideration to be paid in respect of
     shares of United Class B Stock, (ii) the Series B Consideration to be paid
     in respect of shares of United Series B Preferred Stock, (iii) the Series C
     Consideration to be paid in respect of shares of United Series C Preferred
     Stock, and (iv) the Series D Consideration to be paid in respect of shares
     of United Series D Preferred Stock. The certificates representing the
     United Class B Stock, the United Series B Preferred Stock, the United
     Series C Preferred Stock and the United Series D Preferred Stock are
     referred to herein as the "Certificates," and the Class B Consideration,
     the Series B Consideration, the Series C Consideration and the Series D
     Consideration are referred to herein as the "Merger Consideration."
     Promptly after the Effective Time, United will send, or will cause the
     Exchange Agent to send, to each holder of United Class B Stock, United
     Series B Preferred Stock, United Series C Preferred Stock and United Series
     D Preferred Stock at the Effective Time, a letter of transmittal and
     instructions (which shall specify that the delivery shall be effected, and
     risk of loss and title shall pass, only upon proper delivery of the
     Certificates to the Exchange Agent) for use in such exchange.

     (c) Upon surrender to the Exchange Agent of its Certificate, as applicable,
     together with a properly completed letter of transmittal, and receipt by
     the Exchange Agent thereof, (i) each holder of shares of United Class B
     Stock will be entitled to receive promptly the Class B Consideration in
     respect of the shares of United Class B Stock represented by its
     Certificate, (ii) each holder of United Series B Preferred Stock will be
     entitled to receive promptly the Series B Consideration in respect of the
     shares of United Series B Preferred Stock represented by its Certificate,
     (iii) each record holder of United Series C Preferred Stock will be
     entitled to receive promptly the Series C Consideration in respect of the
     shares of United Series C Preferred Stock represented by its Certificate,
     and (iv) each record holder of United Series D Preferred Stock will be
     entitled to receive promptly the Series D Consideration in respect of the
     shares of United Series D Preferred Stock represented by its Certificate.
     For purposes of the foregoing, any fractional shares of New United Class A
     Stock that would be issuable to any holder pursuant to Article Second
     (prior to the application of paragraph (h) thereof) in respect of shares of
     United Class B Stock, United Series B Preferred Stock, United Series C
     Preferred Stock and United Series D Preferred Stock held by such holder
     shall be aggregated, and such holder shall be issued the resulting whole
     number of shares of New United Class A Stock, prior to the application of
     paragraph (h) of Article Second with respect to any fractional share of New
     United Class A Stock remaining following such aggregation. Until so
     surrendered and received by the Exchange Agent, each such Certificate shall
     represent after the Effective Time, for all purposes, only the right to
     receive the Class B Consideration, the Series B Consideration, the Series C
     Consideration and the Series D Consideration, as the case may be.

     (d) If any portion of the Merger Consideration is to be paid to an entity
     other than the entity in whose name the Certificate so surrendered is
     registered, it shall be a condition to such payment that such Certificate
     shall be properly endorsed or otherwise be in proper form for transfer and
     that the entity requesting such payment shall pay to the Exchange Agent any
     transfer or other taxes required

                                       4
<PAGE>

     as a result of such payment to an entity other than the registered holder
     of such Certificate, or establish to the satisfaction of the Exchange Agent
     that such tax has been paid or is not payable.

     (e) After the Effective Time, there shall be no further registration of
     transfers of shares of United Class A Stock, United Class B Stock, United
     Series B Preferred Stock, United Series C Preferred Stock or United Series
     D Preferred Stock. If, after the Effective Time, Certificates are presented
     to the Surviving Entity, they shall be canceled and exchanged for the Class
     B Consideration, the Series B Consideration, the Series C Consideration or
     the Series D Consideration provided for, and in accordance with the
     procedures set forth, in this Article Sixth.

     (f) Any portion of the Merger Consideration that remains unclaimed by the
     holders of United Class B Stock, United Series B Preferred Stock, United
     Series C Preferred Stock and United Series D Preferred Stock one year after
     the Effective Time shall be returned to United, upon demand, and any such
     holder who has not exchanged its shares for the applicable Merger
     Consideration in accordance with this Article Sixth prior to that time
     shall thereafter look only to United for payment of such consideration and
     any dividends and distributions in respect of such shares, in each case
     without any interest thereon. Notwithstanding the foregoing, neither
     United, New United nor any affiliate thereof will be liable to any such
     holder for any amounts paid to a public official pursuant to applicable
     abandoned property, escheat or similar laws.

     (g) No dividends or other distributions with respect to the Merger
     Consideration shall be paid to the holder of any Certificates until such
     Certificates are surrendered and received by the Exchange Agent as provided
     in this Article Sixth. Following such surrender and receipt by the Exchange
     Agent, there shall be paid, without interest, to the entity in whose name
     such Merger Consideration has been registered, (i) the amount of dividends
     or other distributions with a record date after the Effective Time
     previously paid or payable with respect to such Merger Consideration as of
     the date of such surrender, and (ii) at the appropriate payment date, the
     amount of dividends or other distributions with a record date after the
     Effective Time but prior to surrender and a payment date subsequent to
     surrender, payable with respect to such Merger Consideration.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       5
<PAGE>

IN WITNESS WHEREOF, the parties to this Agreement have executed this Agreement
as of the day and year first written above.

                                          NEW UNITEDGLOBALCOM, INC.,
                                          a Delaware corporation

                                          By:     /s/ MICHAEL T. FRIES
                                            ------------------------------------
                                              Name: Michael T. Fries
                                              Its:     President

                                          UNITEDGLOBALCOM, INC.,
                                          a Delaware corporation

                                          By:     /s/ MICHAEL T. FRIES
                                            ------------------------------------
                                              Name: Michael T. Fries
                                              Its:     President

                                          UNITED/NEW UNITED MERGER SUB, INC.,
                                          a Delaware corporation

                                          By:     /s/ MICHAEL T. FRIES
                                            ------------------------------------
                                              Name: Michael T. Fries
                                              Its:     President

Exhibit A -- See Exhibit 2.5(e)-1 to the New United Merger Agreement

Exhibit B -- See Exhibit 2.5(e)-2 to the New United Merger Agreement

Other Exhibits omitted

                                       6EXHIBIT 10.1

                                    AGREEMENT

This Agreement ("the Agreement") is dated as of the 7th day of January, 2002, by
and  between  Platinum  Holdings   Capital,   Ltd.,  ("The  Buyer")  and  Sector
Communications, Inc., ("Sector").

         A. The Buyer is a corporation  organized  under the laws of the British
Virgin Islands.

         B. Sector is a publicly held  corporation  organized  under the laws of
the State of Nevada.

         C. Ideous  Technologies AG ("Ideous") is a corporation  organized under
the laws of Switzerland in which a majority interest is owned by Sector.

         D. The Buyer has deemed it advisable  and in the best  interests of The
Buyer that The Buyer acquire  Sector's  interest in Ideous,  which  interest The
Buyer will hold upon completion of this Agreement.

         E. The Buyer and  Sector  propose to enter  into this  Agreement  which
provides,  among other things,  that Sector transfer all of its shares of Ideous
to The Buyer (the "Shares"),  in exchange for the assumption by The Buyer of all
liabilities and obligations of Ideous (excepting inter-company liabilities).

NOW, THEREFORE, the parties hereto agree as follows:

                                    ARTICLE 1
                                 THE ACQUISITION

         1.01 At the Closing,  Sector shall  transfer the Shares to The Buyer in
consideration for his assuming the liabilities in 1.02 below.

         1.02 The Buyer  hereby  takes over from Sector any and all  liabilities
that Sector may have had for any and all taxes and other  assessments and levies
which  Ideous was  required by law to withhold or to collect  which have not yet
been duly  withheld and  collected and have not yet been paid over to the proper
government authorities  (including,  without limitation,  employment taxes, both
the employee's and employer's share). In addition, as further consideration, The
Buyer will hold  harmless  and  indemnify  Sector with  regard to any  liability
asserted against them for the taxes and other  assessments  mentioned herein and
the Buyer hereby assumes  responsibility  for any and all  liabilities  (whether
known or unknown) of Sector in relation to Ideous Technologies,  AG., (excepting
inter-company   accounts   of  Ideous  and   Sector)   and  the  Buyer   assumes
responsibility  for all further  liabilities of Ideous as and when they arise or
become apparent.

                                       1
<PAGE>

         1.03 At the Closing,  Sector will where possible  deliver  certificates
for the Shares duly endorsed to the Buyer or fully registered in the name of The
Buyer as the sole  record  holder  thereof,  free and  clear of all  claims  and
encumbrances.

                                    ARTICLE 2
                                   THE CLOSING

         2.01 Closing. The consummation of the transactions contemplated by this
Agreement (the "Closing")  shall take place on or before the 7th day of January,
2002 (the "Closing  Date") or at such other date and time as may be agreed to in
writing by the parties hereto.

         2.02  Accuracy of  Information.  No  representation  or warranty by The
Buyer contained in this Agreement and no statement  contained in any certificate
or other instrument delivered or to be delivered to The Buyer pursuant hereto or
in connection with the transactions contemplated hereby contains or will contain
any  untrue  statement  of  material  fact or  omits or will  omit to state  any
material  fact  necessary in order to make the  statements  contained  herein or
therein not misleading.

         2.03   Consents.   No  consent  or   approval   of,  or   registration,
qualification  or filing  with,  any  governmental  authority or other person is
required to be  obtained or  accomplished  by The Buyer in  connection  with the
consummation of the transactions contemplated hereby.

         2.04 Sector shall deliver to The Buyer, on or before Closing, that that
is deemed appropriate by the Buyer from the following:

                  (a)  All  available   financial   statements  of  Ideous  from
inception to date,  prepared in accordance  with generally  accepted  accounting
principles  and which fairly  present the  financial  condition of Ideous at the
dates thereof.

                  (b)  Property.   An  accurate  list  and  description  of  all
property, real or personal, owned by Ideous.

                  (c) Liens and Liabilities. A complete and accurate list of all
material liens, encumbrances, easements, security interests or similar interests
in or on any Assets. A complete and accurate list of all debts,  liabilities and
obligations of Ideous incurred or owing as of the date of this Agreement.

                  (d)  Leases  and  Contracts.  A  complete  and  accurate  list
describing  all material terms of material  leases  (whether of real or personal
property) and each contract,  promissory note, mortgage,  license, franchise, or
other  written  agreement  to which  Ideous  is a party  which  involves  or can
reasonably  be  expected  to involve  aggregate  future  payments or receipts by
Ideous (whether by the terms of such lease, contract,  promissory note, license,
franchise  or other  written  agreement  or as a result  of a  guarantee  of the
payment of or indemnity against the failure to pay.

                                       2
<PAGE>

                  (e) Loan Agreements.  Complete and accurate copies of all loan
agreements  and other  documents  with respect to  obligations of Ideous for the
repayment of borrowed money.

                  (f)  Consents  Required.  A  complete  list of all  agreements
wherein  consent to the transaction  herein  contemplated is required to avoid a
default  hereunder;  or where  notice  of such  transaction  is  required  at or
subsequent to closing,  or where consent to an  acquisition,  consolidation,  or
sale of all or  substantially  all of the assets is  required to avoid a default
hereunder.

                  (g)  Articles  and  Bylaws  and Board  Minutes.  Complete  and
accurate copies of the Articles of Incorporation and Bylaws and Board Minutes of
Ideous, together with all amendments thereto to the date hereof.

                  (h)  Shareholders.  A complete list of all persons or entities
holding  shares of  common  stock of Ideous  or any  rights  to  subscribe  for,
acquire,  or receive shares of common stock of Ideous (whether warrants,  calls,
options,  or  conversion  rights),  including  copies of all stock  option plans
whether qualified or nonqualified, and other similar agreements.

                  (i) Officers and Directors. A complete and current list of all
officers and Directors of Ideous.

                  (j) Litigation.  A complete and accurate list (in all material
respects) of all material civil, criminal, administrative,  arbitration or other
such proceedings or investigations  (including without  limitations unfair labor
practice matters, labor organization activities, environmental matters and civil
rights violations) pending or, to the knowledge of Ideous threatened,  which may
materially and adversely affect Ideous.

                  (k) Tax Returns.  Accurate copies of all Federal and State tax
returns for Ideous, if any.

                  (l) Agency Reports.  Copies of all material reports or filings
(and a list of the  categories  of reports or filings  made on a regular  basis)
made by  Ideous  under  ERISA,  EEOC,  FDA and all other  governmental  agencies
(federal, state or local).

                  (m)  Banks.   A  true  and  complete  list  (in  all  material
respects),  as of the date of this Agreement,  showing (1) the name of each bank
in which  Ideous  has an  account  or safe  deposit  box,  and (2) the names and
addresses of all signatories.

                  (n) Jurisdictions Where Qualified. A list of all jurisdictions
wherein Ideous is qualified to do business and is in good standing.

                                       3
<PAGE>

                  (o)  Subsidiaries.  A  complete  list of all  subsidiaries  of
Ideous.  The term  "Subsidiary" or  "Subsidiaries"  shall include  corporations,
unincorporated associations,  partnerships,  joint ventures, or similar entities
in which Ideous has an interest, direct or indirect.

                  (p) Union Matters.  An accurate list and  description  (in all
material  respects) of union contracts and collective  bargaining  agreements of
Ideous, if any.

                  (q) Employee and Consultant Contracts. A complete and accurate
list of all employee and consultant contracts which Ideous may have.

                  (r) Employee  Benefit Plans.  Complete and accurate  copies of
all salary, stock option, bonus, incentive compensation,  deferred compensation,
profit sharing, retirement, pension, group insurance,  disability, death benefit
or other benefit plans,  trust agreements or arrangements of Ideous in effect on
the date hereof or to become  effective  after the date  thereof,  together with
copies of any determination  letters issued by the Internal Revenue Service with
respect thereto.

                  (s) Insurance  Policies.  A complete and accurate list (in all
material  respects) and  description of all material  insurance  policies naming
Ideous as an  insured or  beneficiary  or as a loss  payable  payee or for which
Ideous  has  paid  all or part of the  premium  in  force  on the  date  hereof,
specifying  any  notice  or other  information  possessed  by  Ideous  regarding
possible claims hereunder,  cancellation  thereof or premium increases  thereon,
including any policies now in effect naming Ideous as  beneficiary  covering the
business activities of Ideous.

                  (t)  Customers.  A complete and accurate list (in all material
respects)  of  the  customers  of  Ideous,  including  all  presently  effective
contracts  of Ideous to be  assigned  to Ideous,  accounting  for the  principle
revenues of Ideous.

                  (u) Licenses and Permits.  A  complete  list of all  licenses,
permits and other authorizations of Ideous.

         2.05  Organization,  Standing and Power.  Ideous is a corporation  duly
organized,  validly existing and in good standing under the laws of the State of
Nevada with all requisite  corporate  power to own or lease its  properties  and
carry on its business as is now being conducted.

         2.06  Absence  of  Undisclosed  Liabilities.  Ideous  has  no  material
liabilities of any nature, whether fixed, absolute, contingent or accrued, which
were not reflected on the financial  statements,  or otherwise disclosed in this
Agreement.

                                       4
<PAGE>

         2.07 Absence of Changes.  As of the date of this  Agreement,  there has
not been any material adverse change in the condition  (financial or otherwise),
assets, liabilities, earnings or business of Ideous.

         2.08  Options,   Warrants,  etc.  There  are  no  outstanding  options,
warrants, calls, commitments or agreements of any character to which Ideous is a
party or by which  Ideous is bound,  or is a party,  calling for the issuance of
shares of capital stock of Ideous or any  securities  representing  the right to
purchase or otherwise receive any such capital stock of Ideous.

         2.09 Title to Assets.  Ideous is the sole and  unconditional  owner of,
with good and  marketable  title to, all its assets  owned by them and all other
property and assets are free and clear of all mortgages, liens, pledges, charges
or encumbrances of any nature whatsoever.

         2.10   Agreements  in  Force  and  Effect.   All  material   contracts,
agreements,  plans, promissory notes,  mortgages,  leases,  policies,  licenses,
franchises  or similar  instruments  to which Ideous is a party are valid and in
full  force and effect on the date  hereof,  and  Ideous  has not  breached  any
material  provision of, and is not in default in any material  respect under the
terms of, any such contract,  agreement, plan, promissory note, mortgage, lease,
policy,  license,  franchise or similar instrument which breach or default would
have a material  adverse  effect  upon the  business,  operations  or  financial
condition of Ideous.

         2.11   Legal   Proceedings,   Etc.   There  are  no  civil,   criminal,
administrative,  arbitration or other such proceedings or investigations pending
or, to the knowledge of Sector or Ideous,  threatened, in which, individually or
in the aggregate, an adverse determination would materially and adversely affect
the assets,  properties,  business or income of Ideous. Ideous has substantially
complied  with, and is not in default in any material  respect under,  any laws,
ordinances, requirements, regulations or orders applicable to its businesses.

         2.12 Governmental  Regulation.  To the knowledge of Ideous it is not in
violation of or in default with respect to any  applicable law or any applicable
rule,  regulation,  order,  writ or  decree  of any  court  or any  governmental
commission, board, bureau, agency or instrumentality, or delinquent with respect
to any report  required  to be filed with any  governmental  commission,  board,
bureau,  agency or  instrumentality  which  violation  or  default  could have a
material adverse effect upon the business,  operations or financial condition of
Ideous.

         2.13 Accuracy of Information.  No  representation or warranty by Sector
contained in this  Agreement and no statement  contained in any  certificate  or
other instrument delivered or to be delivered to The Buyer pursuant hereto or in
connection with the  transactions  contemplated  hereby contains or will contain
any  untrue  statement  of a  material  fact or omits or will  omit to state any
material  fact  necessary in order to make the  statements  contained  herein or
therein not misleading.

                                       5
<PAGE>

         2.14  Subsidiaries.  Ideous does not have any other subsidiaries or own
capital  stock  representing  ten  percent  (10%)  or  more  of the  issued  and
outstanding stock of any other corporation.

         2.15   Consents.   No  consent  or   approval   of,  or   registration,
qualification or filing with, any other  governmental  authority or other person
is required to be obtained or accomplished by Ideous or any shareholder thereof,
in connection with the consummation of the transactions contemplated hereby.

         2.16 Improper  Payments.  No person acting on behalf of Ideous has made
any payment or otherwise  transmitted anything of value, directly or indirectly,
to (a) any official or any government or agency or political subdivision thereof
for the purpose of influencing any decision affecting the business of Ideous, or
(b) any political party or any candidate for elective  political office, nor has
any fund or  other  asset of  Ideous  been  maintained  that was not  fully  and
accurately recorded on the books of account of Ideous.

         2.17 Copies of Documents. Sector have made available for inspection and
copying by The Buyer and its duly authorized representatives,  and will continue
to do so at all times, true and correct copies of all documents which Ideous has
filed  with any  governmental  agencies  which  are  material  to the  terms and
conditions contained in this Agreement.  Furthermore, all filings by Ideous with
governmental  agencies,  including  but  not  limited  to the  Internal  Revenue
Service,  have contained  information  which is true and correct in all material
respects and did not contain any untrue  statement of a material fact or omit to
state any  material  fact  necessary  to make the  statements  made  therein not
misleading  or which could have any material  adverse  effect upon the financial
condition or  operations  of Ideous or adversely  affect the  objectives of this
Agreement.

                                    ARTICLE 3
                                  MISCELLANEOUS

         3.01  Construction.  This Agreement  shall be construed and enforced in
accordance with the law of the State of Nevada excluding the conflicts of laws.

         3.02 Amendment and Waiver.  The parties hereby may, by mutual agreement
in writing signed by each party,  amend this Agreement in any respect.  Any term
or provision of this Agreement may be waived in writing at any time by the party
which is entitled to the benefits thereof,  such waiver right shall include, but
not be limited to, the right of either party to:

                  (a) Extend  the  time  for  the  performance  of  any  of  the
         obligations of the other;

                  (b) Waive any  inaccuracies  in  representations  by the other
         contained  in this  Agreement  or in any  document  delivered  pursuant
         hereto;

                                       6
<PAGE>

                  (c) Waive  compliance  by the other with any of the  covenants
         contained in this Agreement,  and performance of any obligations by the
         other; and

                  (d) Waive the  fulfillment  of any condition that is precedent
         to the  performance  by the party so waiving of any of its  obligations
         under this  Agreement.  Any  writing on the part of Sector  relating to
         such  amendment,  extension  or waiver as provided in this Section 3.03
         shall be valid if  authorized  or ratified by the Board of Directors of
         Sector.

         3.03 Any notice or other  communication  required  or  permitted  to be
given hereunder shall be in writing and shall be effective upon hand delivery or
delivery by facsimile at the address or number designated below (if delivered on
a  business  day  during  normal  business  hours  where  such  notice  is to be
received). The address for such communications shall be:

         To Sector:                 1801 Century Park East, 23rd Floor
                                    Los Angeles
                                    California 90067
                                    USA

         To The Buyer:              Platinum Holdings Capital, Ltd.
                                    P.O. Box 146
                                    Wickams Cay 1
                                    Road Town
                                    Tortola BVI

Either party  hereto may from time to time change its address for notices  under
this Section by giving written notice of such changed address to the other party
hereto.

         3.04 Remedies not Exclusive. No remedy conferred by any of the specific
provisions  of this  Agreement is intended to be exclusive of any other  remedy,
and each and every remedy shall be cumulative  and shall be in addition to every
other remedy given hereunder or now or hereafter existing at law or in equity or
by statute or  otherwise.  The election of any one or more remedies by The Buyer
or Sector shall not  constitute a waiver of the right to pursue other  available
remedies.

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

                                       7
<PAGE>

         3.06  Benefit.  This  Agreement  shall be binding upon and inure to the
benefit to the parties and their permitted successors and permitted assigns. The
parties  hereto may amend  this  Agreement  without  notice to or consent of any
third party.  Neither  Sector nor The Buyer shall  assign this  Agreement or any
rights or  obligations  hereunder  without  prior  written  consent of the other
(which  consent may be  withheld  for any reason in the sole  discretion  of the
party from whom consent is sought);  provided however, that Sector and The Buyer
may assign their rights and  obligations  hereunder as a result of any merger or
to any acquirer of substantially all of the assets of Ideous.

         3.07 Entire Agreement.  This Agreement  represents the entire agreement
of the undersigned regarding the subject matter hereof, and supersedes all prior
written or oral  understandings or agreements between the parties.  No provision
of this  Agreement  may be waived or amended  other  than by written  instrument
signed by the party against whom  enforcement  of such an amendment or waiver is
sought.

         3.08 Captions and Section Headings.  Captions and section headings used
herein are for  convenience  only and shall not control or affect the meaning or
construction of any provision of this Agreement.

Confirmed and agreed to this 7th day of January, 2002.

PLATINUM HOLDINGS CAPITAL, LTD.

By:      /s/ Leo van den Herik
         ---------------------
Name:    Leo van den Herik
Title:   President

SECTOR COMMUNICATIONS, INC.

By:      /s/ Mohamed Hadid
         -----------------
Name:    Mohamed Hadid
Title:   Chairman

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}]]