Document:

CONSULTING AGREEMENT

This Consulting Agreement (the "Agreement") is entered into

as of March 10, 2000, between eConnect, a Nevada corporation, the

Common Stock of which is registered under Section 12(g) of the

Securities Exchange Act of 1934 and currently quoted on the

Electronic Bulletin Board operated by the National Association of

Securities Dealers, Inc. (the "Company"), and Ryan Kavanaugh, an

individual residing in the State of California ("Consultant").

WHEREAS, the Company believes that, in order to achieve the

principal business objectives (the "Business Objectives") that

have been set by its Board of Directors (the "Board"), it will

need external advice and consultative assistance in the areas of

strategic planning and business plan development and

implementation of the sort provided by business consultants and

financial advisors; and

WHEREAS, Consultant has experience in providing financial

advisory and business consulting services to companies seeking

such services; and

WHEREAS, Consultant is willing to provide to the Company

financial advisory and business consulting services on the terms

and conditions set forth in this Agreement; and

WHEREAS, the Company desires that Consultant provide to the

Company such financial advisory and business consulting services

as are reasonably requested by the Company consistently with the

terms and conditions of this Agreement.

In consideration of the mutual covenants and agreements set forth

below, the parties hereby agree as follows:

1.  Term.  The Company hereby retains Consultant as an

independent consultant, with the duties particularized in Section

2 hereof and subject to the other terms and conditions

particularized herein, and Consultant hereby agrees to act as

such for the Company, for a period of one (1) year commencing on

the date hereof, unless further extended by mutual agreement of

the parties hereto (the "Term").

2.  Duties.  During the Term, Consultant shall, on a non-

exclusive and part-time basis, in no event to exceed (without

Consultant's consent) a maximum of 10 hours per week and 40 hours

per month, render such business consulting and financial advisory

services to the Company as are requested by the Company and

reasonably related to the Company's attempt to achieve the

Business Objectives (the "Services"). The parties agree that the

Services shall expressly include (i) arranging for Peters

Entertainment, the film production company owned by Jon Peters,

to enter, on or before April 1, 2000, into a computer services

contract providing for short-term revenue to the Company in an

amount not less that $500,000, and (ii) procuring the services of

Michael Sitrick to assist the Company in its public relations

function. The Company understands and hereby expressly

acknowledges that the Services to be provided to the Company by

Consultant pursuant to the terms hereof shall be on a part-time

basis only, as the bulk of Consultant's time is and will be

devoted to other clients of Consultant, including, without

limitation, clients for whom Consultant provides financial

advisory and business consulting services similar to the

Services. The Company understands and hereby expressly

acknowledges that Consultant is not registered as a broker-dealer

with the Securities and Exchange Commission ("SEC") or any state

securities regulatory body; accordingly, notwithstanding any

other provisions of this Agreement, Consultant shall not be

required hereunder to perform any action hereunder that would

involve the raising of capital or otherwise constitute "effecting

transactions in securities" as that (or any similar) phrase is

construed by the SEC or any applicable state securities

regulatory body.

3.  Consideration to Consultant.  The Company hereby agrees

to issue to Consultant, and Consultant hereby agrees to accept as

payment in full for past services rendered by Consultant to the

Company and the Services to be rendered by Consultant pursuant to

the terms hereof, (i) 300,000 shares of the Company's Common

Stock, par value $0.01 per share (the "Common Stock"), covered by

a currently effective registration statement of the Company under

the Securities Act of 1933, as amended (the "Act"), on Form SB-2,

SEC File No. __________ (the "SB-2 Grant Shares"), (ii) an

additional 700,000 shares of the Common Stock covered by a

registration statement of the Company under the Act on Form S-8

(the "S-8 Registration Statement") to be prepared by the Company

at its expense and filed by the Company with the SEC via EDGAR

not later than 10:00 a.m. (Los Angeles time) on Tuesday, March

14, 2000 (the "S-8 Grant Shares"), and (iii) warrants (the

"Warrants") representing the right to purchase a maximum of 2.0

million shares (the "Warrant Shares") of the Common Stock at a

warrant exercise price of $1.50 per share (the "Exercise Price").

The Warrants shall be evidenced by one or more Warrant

Certificates in the form of Exhibit A attached hereto (the

"Warrant Certificates"), and contain such other terms and

conditions as are set forth in said Warrant Certificates. The

Company hereby agrees to deliver to Consultant, on or before

March 14,2000, the Warrant Certificates, registered in the name

of Consultant or its designee, and duly executed by the Company,

as well as evidence reasonably satisfactory to Consultant that

the issuance of the Warrants, as evidenced by the Warrant

Certificates, has been properly authorized by the Board. The

Company covenants (i) that all of the Warrant Shares shall be

included in the S-8 Registration Statement as filed with the SEC,

and (ii) that the S-8 Registration Statement shall be kept

effective until such time as all of the Warrant Shares have been

issued to Consultant or (if earlier) the date that the Warrants

expire in accordance with their terms. The Company hereby further

agrees to exert its best efforts to cause as expeditiously as is

practicable, but in no event by later than 10:30 a.m. (Los

Angeles time) on March 14, 2000, all of the SB-2 Grant Shares and

all of the S-8 Grant Shares to be certificated and credited by

the Depository Trust Company ("DTC") to the securities brokerage

account of Consultant specified by Consultant (the "Account") in

written instructions previously delivered by Consultant to the

Company's outside counsel (the "Company's Attorneys").

4.  Expenses.  The Company hereby agrees to reimburse Consultant

for any reasonable costs or expenses, including but not limited

to travel expenses, incurred by Consultant in the course of

performing Services pursuant to this Agreement or otherwise at

the direction of the Company.

5.  Independent Contractor Relationship: Duty of Cooperation.

It is understood and agreed that Consultant's relationship to the

Company is that of an independent contractor and that neither

this Agreement nor the Services to be rendered hereunder shall

for any purpose whatsoever or in any way or manner create any

employer-employee or joint venture relationship. The Company

agrees to cooperate fully with Consultant in order to allow

Consultant to discharge efficiently his obligations to provide

the Services to the Company hereunder.

6.  Capitalization of the Company.  The Company hereby

represents and warrants to Consultant that, as of the date

hereof, the issued and outstanding securities of the Company

consist of __________shares of the Common Stock, counting for

this purpose all of the underlying shares of the Common Stock

covered by all options, warrants and other rights to purchase

such shares issued by the Company and outstanding as of the date

hereof (exclusive of the SB-2 Grant Shares, the S-8 Grant Shares

and the Warrant Shares). The Company has not issued any options,

warrants or other rights to purchase capital stock of the

Company, other than the Common Stock.  As of the date hereof,

except as disclosed on Schedule I attached hereto, the Company

has no concrete or tentative plans to issue any additional shares

of capital stock during the Term, other than the SB-2 Grant

Shares, the S-8 Grant Shares, the Warrant Shares and shares

issuable upon the exercise of presently outstanding options,

warrants and other rights to purchase shares of the Common Stock,

and has no intention to issue at any time in the future shares of

the Common Stock or any of its capital stock at a price per share

less than the Exercise Price.

7.  Miscellaneous.

(a)  Any and all notices and other communications hereunder

shall be in writing and shall be deemed to have been duly given

when delivered personally or forty-eight (48) hours after being

mailed, certified or registered mail, returned receipt requested,

postage pre-paid, to Consultant's or the Company's address shown

below. The Company and Consultant may change their respective

addresses for the purposes of notice at any time by the giving of

notices pursuant to this subparagraph.

Company:            eConnect

                    2500 Via Cabrillo Marina Suite 112

                    San Pedro, CA 90731

                    Attn: Mr. Thomas Hughes

Consultant:         Ryan Kavanaugh

                    c/o Miller & Holguin

                    1801 Century Park East, 7th Floor

                    Los Angeles, CA 90067

                    Attn: Brian A. Sullivan, Esq.

(b)  Time is of the essence of this Agreement with respect

to each and every provision of this Agreement as to which time is

a factor.

(c)  No change in, modification of, or addition, amendment

or supplement of, this Agreement shall be valid unless set forth

in writing and signed and dated by both parties subsequent to the

execution of this Agreement.

(d)  The Company and Consultant, without the necessity of any

further consideration, agree to execute and deliver such other

documents and take such other actions as may be necessary or

desirable to consummate more effectively the purposes and subject

matter of this Agreement.

(e)  The existence, validity , construction and operational

effect of this Agreement and the rights and obligations of the

Company and Consultant hereunder shall be determined in

accordance with the laws of the State of California; provided,

however, that any provision of this Agreement which may be

prohibited by law or otherwise held invalid shall be ineffective

only to the extent of such prohibition or invalidity and shall

not invalidate or otherwise render ineffective any or all of the

remaining provisions of this Agreement. Any litigation concerning

or to enforce the provisions of this Agreement shall be brought

at the election of the Company or Consultant in the courts of Los

Angeles, California.

(f)  In the event of any controversy, claim, or dispute between

the Company and Consultant arising out of or relating to this

Agreement, the prevailing party shall be entitled to recover from

the non-prevailing party reasonable expenses, including, but not

by way of limitation, attorneys' fees and accountants' fees.

(g)  The covenants, agreements, representations, warranties,

terms and conditions contained in this Agreement shall be binding

upon and inure to the benefit of the successors and assigns of

the Company and Consultant; provided, however, that Consultant

may not assign or transfer Consultant's duties to provide the

Services hereunder except upon the written consent of the Company

in its sole and absolute discretion.

(h)  This Agreement constitutes the entire agreement between the

parties as to the subject matter hereof and supersedes and

terminates as of this date any prior agreements, whether written

or oral, between the parties with respect thereto. No provision

of this Agreement shall be waived except in writing signed by the

party against whom such waiver is asserted. Any such waiver shall

be limited to the particular instance, and waiver of a provision

in one instance shall not prevent a party thereafter from

enforcing each and every other provision of this Agreement.

(i)  The section headings used in this Agreement are intended

solely for convenience of reference, and shall not in any way or

manner amplify, limit, or modify, or otherwise be used in the

interpretation of, any of the provisions of this Agreement, and

the masculine, feminine, or neuter gender and the singular or

plural number shall be deemed to include the others whenever the

context so indicates or requires.

(j)  The Company hereby covenants to deliver to Consultant, not

later than 11:00 a.m. (Los Angeles time) on March 14, 2000, a

letter from the Company's Attorneys, addressed to Consultant,

advising that (i) the SB-2 Grant Shares have been issued to

Consultant pursuant to proper authorization by the Board under a

then effective registration statement on Form SB-2 under the Act,

(ii) the S-8 Grant Shares have been issued to Consultant pursuant

to proper authorization by the Board under a then effective

registration statement on Form S-8 under the Act, (iii) all of

the Warrant Shares are covered by the registration statement

adverted to in clause (ii), and (iv) all of the SB-2 Grant Shares

and all of the S-8 Grant Shares have been credited by DTC to the

Account.

eCONNECT

By: /s/  Thomas Hughes

Name: Thomas Hughes

Title: Chief Executive Officer

RYAN KAVANAUGH

/s/  Ryan Kavanaugh

Ryan KavanaughAMENDED EMPLOYMENT AGREEMENT

This Agreement is made as of this 21st day of March 2000, by and

between eConnect, a Nevada corporation (the "Company"), and

Stephen E. Pazian (the "Executive").

                                Recitals

The Company desires to employ Executive as President and Chief

Operating Officer under the terms and conditions set forth in

this Agreement; and

Executive is willing to accept such employment on the terms and

conditions set forth in this Agreement.

                               Covenants

1.  Position and Term of Employment.  Executive's employment

hereunder shall commence as of March 21, 2000 and shall end March

20, 2004, with two-year extensions thereafter, unless terminated

sooner or extended beyond pursuant to Section 4 of this

Agreement. During the term hereof, Executive shall be employed as

President and Chief Operating Officer of the Company and shall

devote his time, skill, attention and best efforts in carrying

out his duties and promoting the best interests of the Company.

2.  Executive shall have full power of the President and Chief

Operating Officer of the Company, subject always to the

instructions and control of the Board of Directors of the

Company.

3.  Executive Compensation.

3.1  Base Salary.  Executive shall be paid an initial salary at

the monthly rate of$30,000 per month, payable in advance on March

21, 2000 for the first six months of this Agreement, which amount

will be earned on receipt.

3.2  Annual Bonus.  Executive will be eligible for an annual cash

bonus, payable March 1st of each year, at 50% of base salary with

a 200% multiplier for achieving board of directors compensation

committee established goals.

3.3  Earned on Receipt Signing Bonus.  In order to induce

Executive to accept this Agreement on an emergency basis and to

dedicate his efforts to the Company, the Company agrees to pay

Executive a signing bonus, provide warrants and stock options

which shall be earned on receipt, as follows:

3.3.1  $100,000 in cash on March 24,2000;

3.3.2  1,000,000 of the Company's warrants, exercisable at

$1.00 per share, (with a "look back" provision and downward

adjustment to the lowest average daily trading price of the

Company's common stock in the first 90 days of executive's

employment), for the maximum period permitted under the Company's

registered warrant plan, but not less than twelve months ending

March 24,2001, to be vested in full, registered, eligible for

cashless exercise and tendered to Executive.  Should Executive's

employment be terminated for "good cause" under section 4 of this

Agreement on or before March 24,2001, any unexercised warrants

will expire as of the date of termination.

3.3.3  Stock Options -Executive also shall be eligible for

6,000,000 stock options vesting one quarter at the beginning of

each year of employment, exercisable on a cashless basis for a

period often years, with a strike price of$.40 for the 1,500,000

shares granted in 2000, (with a repricing provision and downward

adjustment to the lowest average daily trading price of the

Company's common stock in the first 90 days of executive's

employment), and computed thereafter as described in the current

eConnect stock plan. In addition, executive shall be eligible for

such other stock option grants as provided under the plan as well

as other upper level management compensation programs as may be

in existence at the Company at the time of his employment and

from time to time thereafter.

3.4  Severance.  If terminated for reasons other than "good

cause" (as defined herein) the remainder of the salary base for

the initial term, but not less than two years, will be due within

30 days. In addition, all of Executive's then granted stock

options and warrants will vest and be exercisable for their

entire term Should there be a change of control, the job

responsibilities be diminished, the titles changed or the

executive required to move more than 50 miles from his home, then

the executive will be assumed to have been terminated without

good cause and the applicable severance payments due within 30

days.

3.5  Warrant and Stock Option Expiration.  If Executive resigns

voluntarily or ceases to be employed by the Company for "good

cause" as described in Section 4. or 4.3 of this Agreement, the

unexercised warrants and stock options to be provided under

section 3.3.2 and 3.3.3 shall be null and void. All other

compensation provided in this Agreement is earned on receipt and

shall not be returned by Executive under any circumstances

contemplated by this Agreement.

3.6  Expenses.  During the term hereof, the Company shall pay or

reimburse Executive for a monthly auto allowance of $1,000,

payment of Executive's currently in force $2 million term life

insurance, provisioning of a DSL connection at his residence and

cellular phone expenses. Executive shall also be eligible for

reimbursement in accordance with the Company's normal practices,

including but not limited to any travel, hotel and other expenses

or disbursements reasonably incurred or paid by Executive in

connection with the services performed by Executive hereunder.

3.7  Other Benefits.  During the Employment Period, the Executive

(and his eligible spouse and dependents) shall be provided paid

medical, hospitalization, dental & vision, through the

Executive's COBRA (expiring 3/01/01 - premium $657.46 per month),

until expiration of COBRA, at which such time Executive shall be

entitled to participate the Company's medical, dental, and

hospitalization plans. In addition, during the Employment Period,

the Executive shall be eligible to participate in all disability,

accidental death and dismemberment, travel accident insurance,

pension, retirement, savings and other employee benefit plans and

programs maintained from time to time by the Company for the

benefit of its senior executives. Executive shall be allowed five

(5) weeks vacation annually. Vacation not taken during the

applicable fiscal year (but not in excess of three weeks) shall

be carried over to the next following fiscal year.

3.8  Directors and Officers Insurance.  The Company shall provide

Executive Directors and Officers Insurance by an insurance

company acceptable to Executive ensuring Executive against

liability up to $20 million per occurrence, effective throughout

the term of this Agreement.

3.9  Indemnification.  The Company shall indemnify Executive to

the maximum extent permitted by applicable law, against all

liabilities, costs, charges and expenses (including reasonable

attorneys' fees and disbursements) incurred or sustained by it or

them in connection with any action, suit or proceeding to which

it or they may be made a party as a result of their services

hereunder on behalf of the Company pursuant to this Agreement,

provided that such liabilities, costs, charges and expenses do

not result from the willful misconduct or gross negligence of

such indemnified parties.

3.10  Fees and Expenses.  The Company shall pay all legal fees
and

related expenses (including the costs of experts, evidence and

counsel) incurred by the Executive as they become due as a result

of (a) the Executive's termination of employment (including all

such fees and expenses, if any, incurred in contesting or

disputing any such termination of employment), and (b ) the

Executive seeking to obtain or enforce any right or benefit

provided by this Agreement, including, but not limited to, any

such fees and expenses incurred in connection with any dispute

regarding the initial signing bonus compensation, whether as a

result of any applicable government proceeding, audit or

otherwise.

4.  Termination.

4.1  This Agreement shall terminate upon Executive' s death.

4.2  The Company may terminate Executive's employment hereunder

upon thirty (30) days' written notice if Executive's physical or

mental disability has continued or is expected to continue for

one hundred and eighty (180) consecutive days and as a result

thereof, Executive will be unable to continue the proper

performance of his duties hereunder. Under these circumstances,

Executive will be entitled to his severance benefits including

the opportunity to vest and exercise all stock options and

warrants then granted for the remaining term of his employment

period.

4.3  The Company may terminate Executive's employment hereunder

for "good cause" (as hereinafter defined). If Executive's

employment is terminated for good cause, Executive's salary and

all other rights not then vested under this Agreement shall

terminate upon thirty (30) days written notice of termination

being given by the board of directors. As used herein, the term

"good cause" means the following:

Good Cause - The Company shall have the right to terminate the

Executive's employment for "Good Cause." For purposes of this

Agreement, the Company shall have "Good Cause" to terminate the

Executive's employment only upon the Executive's: (I) conviction

of a felony or willful gross misconduct that, in either case,

results in material and demonstrable damage to the business or

reputation of the Company; or (II) willful and continued failure

to perform his duties (other than such failure resulting from the

Executive's incapacity due to physical or mental illness) within

ten business days after the Company delivers to him a written

demand for performance that specifically identifies the actions

to be performed.  For purposes of this Section, no act or failure

to act by the Executive shall be considered "willful" if such act

is done by the Executive in the good faith belief that such act

is or was to be beneficial to the Company, or such failure to act

is due to the Executive's good faith belief that such action

would be materially harmful to the Company. "Good Cause" shall

not exist unless and until the Company has delivered to the

Executive a copy of a resolution duly adopted by a majority of

the Board (excluding the Executive for purposes of determining

such majority) at a meeting of the Board called and held for such

purpose after reasonable (but in no event less than thirty days')

notice to the Executive and an opportunity for the Executive,

together with his counsel, to be heard before the Board, finding

that in the good faith opinion of the Board that "Good Cause"

exists, and specifying the particulars thereof in detail. This

Section shall not prevent the Executive from challenging in any

court of competent jurisdiction the Board's determination that

"Good Cause" exists or that the Executive has failed to cure any

act (or failure to act) that purportedly formed the basis for the

Board's determination.

5.  Successors and Assigns. This Agreement is intended to bind

and inure to the benefit of and be enforceable by Executive and

the Company and their respective legal representatives,

successors and assigns. Neither this Agreement nor any of the

duties or obligations hereunder shall be assignable by Executive.

6.  Governing Law; Jurisdiction. This Agreement shall be

interpreted and construed in accordance with the laws of the

State of California. Each of the Company and Executive consents

to the jurisdiction of any state or federal court sitting in

California, in any action or proceeding arising out of or

relating to this Agreement.

7.  Headings. The paragraph headings used in this Agreement are

for convenience of reference only and shall not constitute a part

of this Agreement for any purpose or in any way affect the

interpretation of this Agreement.

8.  Severability.  If any provision, paragraph or subparagraph

of this Agreement is adjudged by any court to be void or

unenforceable in whole or in part, this adjudication shall not

affect the validity of the remainder of this Agreement.

9.  Complete Agreement.  This document embodies the complete

agreement and understanding among the parties, written or oral,

which may have related to the subject matter hereof in any way

and shall not be amended orally, but only by the mutual agreement

of the parties hereto in writing, specifically referencing this

Agreement.

10.  Counterparts.  This Agreement may be executed in one or more

separate counterparts, all of which taken together shall

constitute one and the same Agreement.

eConnect

By: /s/  Thomas S. Hughes

Print:   Thomas S. Hughes

Title:   Chairman & CEO

Executive

By: /s/  Stephen E. Pazian

Print:   Stephen E. Pazian

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