Document:

EXHIBIT 10.55

                             SUBSCRIPTION AGREEMENT

THIS AGREEMENT MADE EFFECTIVE AS OF FEBRUARY 25, 2002 (the "Effective Date").

BETWEEN:

          E*Comnetrix  Inc., a Canada Business  Corporations  Act company;
          (the "Company")

AND:

          Mark Smith, an individual
          (the "Purchaser")

WHEREAS:

A. The  Purchaser  wishes to subscribe  for common shares of the Company for the
total purchase price of US$50,000 (the "Subscription");

B. The parties have agreed that the  subscription  price of the shares purchased
shall be $0.05 USD per share  reflecting a market price  discount to account for
certain  restrictions  imposed  on  the  transfer  and  sale  of the  Shares  by
Regulation S, promulgated under the Securities Act of 1933, as amended;

C. It is the intention of the parties to this Agreement  that this  Subscription
will  be  made  pursuant  to  appropriate   exemptions  from  the   registration
requirements under all rules, policies,  notices,  orders and legislation of any
kind of all jurisdictions applicable to this Subscription;

NOW,  THEREFORE,  THIS AGREEMENT  WITNESSES that in  consideration of the mutual
covenants  and  agreements  herein  contained,  the  receipt  of which is hereby
acknowledged, the parties covenant and agree with each other as follows:

1. The Purchaser hereby  irrevocably  subscribes for and agrees to purchase from
the  Company,  shares of common  stock  (the  "Shares")  of the  Company  for an
aggregate consideration of US$ 50,000 (the "Subscription Price").

2. The subscription price per Share shall $0.05 per share.

3. The Purchaser acknowledges that this subscription is subject to acceptance by
the  Company.  The  Company  may also  accept  this  subscription  in part.  The
Purchaser  agrees that if this  subscription  is not accepted in full, any funds
related to the portion of this subscription not accepted will be returned to the
Purchaser, without interest.

4. By  executing  this  subscription,  the  Purchaser  represents,  warrants and
covenants to the Company (and  acknowledges that the Company is relying thereon)
that:

     (a)  it has been independently advised as to the applicable hold period and
          restrictions  with respect to trading imposed in respect of the Shares
          by securities legislation in the jurisdiction in which it resides, and
          confirms  that  no   representation   has  been  made  respecting  the
          applicable  hold  periods for the Shares and is aware of the risks and
          other characteristics of the Shares and of the fact that the Purchaser
          may not be  able to  resell  the  Shares  except  in  accordance  with
          applicable securities legislation and regulatory policy;

<PAGE>

     (b)  it has concurrently  executed and delivered a Certificate of Qualified
          Investor in the form attached as Schedule "A" to this subscription and
          all represents, warrants and covenants are hereby incorporated to this
          Agreement by reference;

     (c)  if required by applicable securities  legislation,  policy or order or
          by any  securities  commission,  stock  exchange  or other  regulatory
          authority,  the Purchaser  will execute,  deliver,  file and otherwise
          assist the  Company in filing  such  reports,  undertakings  and other
          documents with respect to the issue of the Shares as may be required;

     (d)  this  Agreement  has been duly and validly  authorized,  executed  and
          delivered by and constitutes a legal,  valid,  binding and enforceable
          obligation of the Purchaser upon acceptance of the Company;

     (e)  the Shares are not being  subscribed  for by the Purchaser as a result
          of any material  information  about the Company's affairs that has not
          been publicly disclosed;

     (f)  it has been informed that:

          a.   no securities  commission,  stock exchange or similar  regulatory
               authority has reviewed or passed on the merits of the Shares;

          b.   there is no government or other insurance covering the Shares;

          c.   there are substantial  risks  associated with the purchase of the
               Shares; and

     (g)  the Purchaser  agrees that the above  representations,  warranties and
          covenants  will be true and correct  both as of the  execution of this
          subscription  and as of the Closing (as hereinafter  defined) and will
          survive the completion of the issuance of the Shares.

5. The  foregoing  representations,  warranties  and  covenants  are made by the
Purchaser  with  the  intent  that  they  be  relied  upon  in  determining  its
suitability  as a  purchaser  of  Shares  and the  Purchaser  hereby  agrees  to
indemnify the Company against all losses, claims, costs, expenses and damages or
liabilities  which  any of them may  suffer  or incur  caused  or  arising  from
reliance thereon.  The Purchaser undertakes to notify the Company immediately at
the address of 2000 Powell St., Ste. 1205,  Emeryville,  California 94608 of any
change in any  representation,  warranty  or other  information  relating to the
Purchaser set forth herein which takes place prior to the Closing.

6. The sale of the Shares will be completed at the Vancouver offices of Catalyst
Corporate Finance Lawyers, 1100 - 1055 West Hastings Street, Vancouver,  British
Columbia,  Canada V6E 2E9,  counsel  for the  Company,  at 9:00 a.m.  (Vancouver
Time),  or such  other  time as the  Company  and the  Purchaser  may agree (the
"Closing"),  on  February  29,  2000,  or such other date as the Company and the
Purchaser may agree (the "Closing Date").

7. The  Purchaser  agrees to deliver  to the  Company  not later than 5 p.m.  on
February  28, 2000 (or two days before the Closing  Date if such date is changed
in accordance with section 6 above and  communicated to the subscriber) (a) this
duly completed and executed  subscription  form, and (b) such other documents as
may be requested as  contemplated  by paragraph  4(c) hereof.  In addition,  the
Purchaser  will  arrange for the payment of the  Subscription  Price in a manner
acceptable to the Company on or before 5 p.m.  (Vancouver  Time) on February 29,
2000 (or one day before the Closing  Date if such date is changed in  accordance
with section 6 above and communicated to the subscriber).

8. The  contract  arising  out of the  acceptance  of this  subscription  by the
Company shall be governed by and  construed in  accordance  with the laws of the
province of British  Columbia and the laws of Canada  applicable in the province
of British  Columbia and represents  the entire  agreement of the parties hereto
relating to the subject matter hereof. Time shall be of the essence hereof.

<PAGE>

9. The covenants,  representations and warranties contained herein shall survive
the closing of the transactions contemplated hereby.

The Company  shall be  entitled to rely on delivery of a facsimile  copy of this
subscription,  and  acceptance  by the  Company  of a  facsimile  copy  of  this
subscription  shall  create a legal,  valid and  binding  agreement  between the
Purchaser and the Company in accordance with the terms hereof.

DATED at Emeryville, this 25h day of February, 2002.

Number of Shares: To Be Determined

Total Subscription Price:  US$50,000

--------------------------------------         ---------------------------------
(Name of Subscriber - please print)            (Subscriber's Address)
Mark Smith                                     220 S. Rock Rd., Ste. 9

--------------------------------------         ---------------------------------
(Authorized Signature)
                                               Reno, Nevada, 89502
--------------------------------------         ---------------------------------
(Official Capacity or Title -
  please print)

--------------------------------------         ---------------------------------
(Please print name of individual whose         (Telephone Number)
signature appears above if different
than the name of the subscriber printed
above.)                                        ---------------------------------
                                               (Facsimile Number)

Registration Instructions:                     Delivery Instructions:
--------------------------                     ----------------------

Mark Smith                                     Mark Smith
--------------------------------------         ---------------------------------
Name                                           Account Reference, if Applicable
                                               c/o Ecomnetrix
--------------------------------------         ---------------------------------
Account reference, if applicable               Contact Name
220 S. Rock Rd., Ste. 9                        2000 Powell St., Ste. 1205
--------------------------------------         ---------------------------------
Address                                        Address
                                               Emeryville, Ca 94608
                                               ---------------------------------
                                               Telephone Number
                                               510-985-1033
                                               ---------------------------------
                                               Facsimile Number
                                               510-985-1725

                                   ACCEPTANCE

The Company hereby accepts the above subscription as of this 25th day of
February, 2002.

                                       EC*Comnetrix, Inc..

                                       Per: /s/ J. Erik Mustad
                                            ------------------------------------
                                            J. Erik Mustad, Chairman./CEO
                                            on behalf of the Board of Directors

<PAGE>

                   SCHEDULE "A" TO THE SUBSCRIPTION AGREEMENT

                        CERTIFICATE OF QUALIFIED INVESTOR

TO:   E*Comnetrix, Inc., a Canada Business Corporations Act company
      (the "Company")

1. The Purchaser  understands  and agrees that the Shares have not been and will
not be  registered  under the United States  Securities  Act of 1933, as amended
(the "1933  Act"),  and the Shares are being  offered  and sold on behalf of the
Company, by the United States affiliate of the Underwriters, to the Purchaser in
reliance upon Regulation S under the 1933 Act.

2. The  Purchaser  represents,  warrants and covenants  (which  representations,
warranties  and  covenants  shall  survive  the  Closing)  to the  Company  (and
acknowledges that the Company is relying thereon) that:

     (a)  it has such knowledge and experience in financial and business matters
          as to be capable of evaluating the merits, and risks of the investment
          and it is able to bear the economic risk of loss of the investment;

     (b)  it is purchasing  the Shares for its own account or for the account of
          one or more persons for  investment  purposes only and not with a view
          to resale or distribution  and, in particular,  it has no intention to
          distribute  either  directly  or  indirectly  any of the Shares in the
          United  States  or  to  U.S.  persons;  provided,  however,  that  the
          Purchaser may sell or otherwise  dispose of any of the Shares pursuant
          to  registration  thereof  pursuant to the 1933 Act and any applicable
          state  securities  laws or under an exemption  from such  registration
          requirements;

     (c)  it , and if applicable, each person for whose account it is purchasing
          the Shares:

          (i)  is not a "U.S.  Person,"  as such term is  defined by Rule 902 of
               Regulation  S  under  the  1933  Act  (the  definition  of  which
               includes,  but is not limited to, an  individual  resident in the
               United  States  and an estate or trust of which any  executor  or
               administrator or trustee,  respectively, is a U.S. Person and any
               partnership or corporation  organized or  incorporated  under the
               laws of the United States);

          (ii) was  outside  the  United  States  at the time of  execution  and
               delivery of the Agreement;

          (iii)no offers to sell the  Securities  were made by any person to the
               Purchaser while the Purchaser was in the United States;

          (iv) the  Securities are not being  acquired,  directly or indirectly,
               for the  account or  benefit of a U.S.  Person or a person in the
               United States;

          (v)  acknowledges  that the Securities have not been registered  under
               the 1933 Act,  and the Place  undertakes  and agrees that it will
               not offer or sell the Securities  unless such Securities are sold
               in  accordance   with  Regulation  S  under  the  1933  Act,  the
               Securities are  registered  under the 1933 Act and the securities
               laws of all  applicable  states  of the  United  States,  or such
               Securities are sold pursuant to an available  exemption from such
               registration  requirements.  The Purchaser  understands  that the
               Company  has no  obligation  or  present  intention  of  filing a
               registration  statement  under  the  1933 Act in  respect  of the
               Securities;

<PAGE>

     (d)  it  acknowledges  that it has not  purchased the Shares as a result of
          any form of general  solicitation  or general  advertising,  including
          advertisements, articles, notices or other communications published in
          any newspaper,  magazine or similar media or broadcast over radio,  or
          television,  or any  seminar  or  meeting  whose  attendees  have been
          invited by general solicitation or general advertising;

     (e)  it agrees that if it decides to offer, sell or otherwise  transfer any
          of the Shares,  it will not offer,  sell or otherwise  transfer any of
          such securities directly or indirectly, unless:

          (i)  the sale is to the Company;

          (ii) the sale is made  outside  the  United  States  in a  transaction
               meeting the  requirements  of Rule 904 of  Regulation S under the
               1933  Act  and in  compliance  with  applicable  local  laws  and
               regulations;

          (iii)the  sale is made in  compliance  with  the  exemption  from  the
               registration  requirements  under the 1933 Act and in  accordance
               with any applicable state securities or "Blue Sky" laws; or

          (iv) the  securities  are sold in a transaction  that does not require
               registration under the 1933 Act or any applicable U.S. state laws
               and regulations governing the offer and sale of securities; and

          with respect to subparagraphs  (iii) and (iv) hereof,  it has prior to
          such sale  furnished  to the Company an opinion of counsel  reasonably
          satisfactory  to the Company;  (i) it has had the  opportunity  to ask
          questions  of and  receive  answers  from the  Company  regarding  the
          investment, and has received all the information regarding the Company
          that it has requested;

     (g)  there  may  be  material  tax  consequences  to  the  Purchaser  of an
          acquisition or disposition of Shares. The Company gives no opinion and
          makes no  representation  with respect to the tax  consequences to the
          Purchaser under United States,  state, local or foreign tax law of the
          Purchaser's acquisition or disposition of such securities;

     (h)  upon the  issuance  thereof,  and  until  such  time as the same is no
          longer  required under the applicable  requirements of the 1933 Act or
          applicable  U.S.  state  laws  and   regulations,   the   certificates
          representing  the  Shares  will  bear a legend  in  substantially  the
          following form:

               "THE SECURITIES  REPRESENTED HEREBY HAVE NOT BEEN AND WILL NOT BE
               REGISTERED  UNDER THE UNITED  STATES  SECURITIES  ACT OF 1933, AS
               AMENDED (THE "1933 ACT"). THESE SECURITIES MAY BE OFFERED,  SOLD,
               PLEDGED OR OTHERWISE  TRANSFERRED  ONLY (A) TO THE  COMPANY,  (B)
               OUTSIDE  THE  UNITED  STATES  IN  COMPLIANCE  WITH  RULE  904  OF
               REGULATION  S UNDER  THE 1933  ACT,  (C) IN  COMPLIANCE  WITH THE
               EXEMPTION FROM THE REGISTRATION  REQUIREMENTS  UNDER THE 1933 ACT
               AND IN ACCORDANCE WITH APPLICABLE  STATE  SECURITIES LAWS, OR (D)
               IN A  TRANSACTION  THAT DOES NOT REQUIRE  REGISTRATION  UNDER THE
               1933 ACT OR ANY APPLICABLE  STATE LAWS AND REGULATIONS  GOVERNING
               THE OFFER AND SALE OF  SECURITIES,  AND THE HOLDER HAS,  PRIOR TO
               SUCH SALE,  FURNISHED  TO THE COMPANY AN OPINION OF  COUNSEL,  OF
               RECOGNIZED STANDING,  OR OTHER EVIDENCE OF EXEMPTION,  REASONABLY
               SATISFACTORY TO THE COMPANY."

          provided,  that if any such securities are being sold under clause (B)
          above, at a time when the Company is a "foreign  issuer" as defined in
          Rule 902 under the 1933 Act,  the legend may be

<PAGE>

          removed by  providing  a  declaration  to Pacific  Corporate  Trust in
          Vancouver,  British  Columbia,  Canada in such form as the Company may
          from  time to time  prescribe,  to the  effect  that  the  sale of the
          securities is being made in  compliance  with Rule 904 of Regulation S
          under the 1933 Act;

     (i)  it is understood that the Company may instruct Pacific Corporate Trust
          not to record any transfer of Shares  without first being  notified by
          the Company that it is satisfied  that such transfer is exempt from or
          not subject to the registration requirements of the 1933 Act;

     (j)  it consents to the Company  making a notation on its records or giving
          instruction  to the  registrar  and  transfer  agent of the Company in
          order  to  implement  the  restrictions  on  transfer  set  forth  and
          described herein;

     (k)  the  office of the  Purchaser  at which  the  Purchaser  received  and
          accepted the offer to purchase the Shares is the address listed on the
          signature page of the Subscription Agreement; and

     (l)  it acknowledges that the representations and warranties and agreements
          contained in this certificate and the  subscription  agreement of even
          date are made by it with the  intent  that they may be relied  upon by
          the Company in  determining  its  eligibility  or the  eligibility  of
          others  on whose  behalf  it is  contracting  thereunder  to  purchase
          Shares.  It agrees that by accepting  Shares it shall be  representing
          and warranting that the  representations and warranties above are true
          as at the  Closing  with the same force and effect as if they had been
          made by it at the Closing and that they shall  survive the purchase by
          it  of  Shares   and  shall   continue   in  full   force  and  effect
          notwithstanding any subsequent disposition by it of such securities.

The  foregoing  representations,  warranties  and  covenants  are  made  by  the
Purchaser  with  the  intent  that  they  be  relied  upon  in  determining  its
suitability  as a purchaser of Shares.  The  Purchaser  undertakes to notify the
Company   immediately  at  E*Comnetrix,   Inc.,  2000  Powell  St.,  Ste.  1205,
Emeryville,  CA 94608,  of any change in any  representation,  warranty or other
information  relating to the  Purchaser set forth herein which takes place prior
to the Closing.

                                      /s/ Mark Smith
                                      -----------------------------------------
                                      (Signature of Purchaser)

                                      Mark Smith
                                      -----------------------------------------
                                      (Name of Purchaser - please print)

                                      -----------------------------------------
                                      (Capacity)EXHIBIT 10.56

                                ESCROW AGREEMENT

                  THIS AGREEMENT is made as of Februry 28, 2002,

B E T W E E N:

                    E*COMNETRIX  INC.,  a company  continued  under  the  Canada
                    Business  Corporations  Act, having an office at 2000 Powell
                    St., Ste. 1205, Emeryville, California, USA 94608

                    ("E*Comnetrix") - and -

                    MARK SMITH, businessperson, of 220 South Rock Rd., #9, Reno,
                    Nevada 94608

                    ("Smith") - and -

                    J. ERIK MUSTAD, businessperson,  of 154 Bret Harte Road, San
                    Rafael, California 94901

                    ( the "Escrow Agent")

RECITALS:

A.   E*Comnetrix  and  Smith  (collectively,  the  "Transaction  Parties")  have
     entered into an agreement pursuant to which E*Comnetrix will issue to Smith
     1,000,000  units (the "Units") at the price of US$0.05 per Unit,  each Unit
     consisting of one common share in the capital of E*Comnetrix (the "Shares")
     and one non-transferable share purchase warrant entitling Smith to purchase
     one  additional  common share in the capital of E*Comnetrix at the price of
     US$0.05 per share until March 1, 2007 (the "Warrants");

B.   The Shares and Warrants will be deposited  with the Escrow Agent to be held
     in escrow by the Escrow Agent on the terms and conditions contained in this
     Agreement;

          NOW THEREFORE in  consideration of the sum of $1.00 and for other good
and  valuable  consideration  (the receipt and  sufficiency  of which are hereby
acknowledged), the parties hereto agree as follows:

                                   ARTICLE 1.
                                 INTERPRETATION

1.1.         Definitions

             In this Agreement:

     1.1.1.   "this  Agreement",   "hereto",   "herein",   "hereof",   "hereby",
     "hereunder" and any similar  expressions  refer to this Agreement as it may
     be amended or  supplemented  from time to time,  and not to any  particular
     Article, section or other portion hereof;

     1.1.2.  "Business Day" means any day,  other than  Saturday,  Sunday or any
     statutory holiday in British Columbia; and

<PAGE>

     1.1.3.  "Person" means any individual,  partnership,  limited  partnership,
     joint venture, syndicate, sole proprietorship,  company or corporation with
     or without  share  capital,  unincorporated  association,  trust,  trustee,
     executor, administrator or other legal personal representative,  regulatory
     body or agency,  government  or  governmental  agency,  authority or entity
     however designated or constituted.

1.2.         Headings

             The inclusion of headings in this Agreement is for convenience of
     reference  only and shall not affect  the  construction  or  interpretation
     hereof.

1.3.         References to Articles and Sections

             Whenever in this Agreement a particular Article, section or other
portion thereof is referred to then, unless otherwise indicated,  such reference
pertains to the particular Article, section or portion thereof contained herein.

1.4.         Gender and Number

             In this Agreement,  unless the context otherwise requires,  words
          importing  the  singular  include  the plural and vice versa and words
          importing gender include all genders.

1.5.         Invalidity of Provisions

             Each of the  provisions  contained in this  Agreement is distinct
          and severable and a declaration of invalidity or  unenforceability  of
          any  such   provision   or  part  thereof  by  a  court  of  competent
          jurisdiction  shall not affect the validity or  enforceability  of any
          other provision hereof.

1.6.         Amendment, Waiver

             No amendment or waiver of this Agreement  shall be binding unless
          executed in writing by the party to be bound thereby. No waiver of any
          provision  of this  Agreement  shall  constitute a waiver of any other
          provision  nor shall any  waiver of any  provision  of this  Agreement
          constitute a continuing waiver unless otherwise expressly provided.

1.7.         Governing Law, Attornment

             This  Agreement  shall be governed by and construed in accordance
          with  the  law of the  State  of  Nevada  applicable  therein  and the
          Transaction  Parties hereby  irrevocably attorn to the jurisdiction of
          the state of Nevada.

1.8.         Term of Agreement

             This  Agreement  (other than section 3.3, which shall survive the
          termination  of the escrow)  shall be of no further force or effect as
          of and from the date on which the Escrow  Agent no longer holds any of
          the Shares or  Warrants,  unless  otherwise  terminated,  extended  or
          modified by all of the parties hereto.

1.9          Counterparts

<PAGE>

             This Agreement may be executed in as many  counterparts as may be
necessary or by facsimile  and each such  facsimile or  counterpart  so executed
will be deemed to be an original and such counterparts  together will constitute
one and the same  instrument and  notwithstanding  the date of execution will be
deemed to bear the date as set out on the first page of this Agreement.

                                   ARTICLE 2.
                                     ESCROW

2.1.         Transaction Documents

             Upon  execution,  the Shares and Warrants shall be held in escrow
          by the Escrow Agent until released in accordance with Section 2.2, 2.3
          or 2.4 (the "Escrow Period").

2.2.         Release of Shares and Warrants to Smith

             The Shares and Warrants are to be released from the escrow hereby
          created  and  delivered  by the  Escrow  Agent  to Smith  within  five
          Business  Days of the  receipt by the Escrow  Agent of written  notice
          from the Chief Executive Officer or President of E*Comnetrix that, and
          E*Comnetrix  agrees to notify the Escrow  Agent  within five  Business
          Days from the date that, any one of the following have occurred:

               (a)  the average of the closing bid and ask prices for the common
                    shares of E*Comnetrix on the Over-the-Counter Bulletin Board
                    or any other  major stock  exchange in the United  States of
                    America for any period of 30  consecutive  calendar  days is
                    equal to or greater than US$0.50; or

               (b)  subsequent  to the date the Shares and  Warrants  are issued
                    (the "Issue Date"),  E*Comnetrix has two consecutive  fiscal
                    quarters  of  positive  earnings  before  interest,   taxes,
                    depreciation and amortization charges ("EBITDA"); or

               (c)  E*Comnetrix  enters  into  or  the  board  of  directors  of
                    E*Comnetrix (the "Board") approves any contract or agreement
                    that could reasonably be expected, in principle or intent or
                    outcome, to result in a change of control of E*Comnetrix; or

               (d)  E*Comnetrix  enters into or the Board  approves any contract
                    or agreement that could reasonably be expected, in principle
                    or intent or outcome, to result in a merger or consolidation
                    of E*Comnetrix with one or more corporations; or

               (e)  E*Comnetrix  enters into or the Board  approves any contract
                    or agreement that could reasonably be expected, in principle
                    or intent or outcome,  to result in a sale or disposition of
                    a  majority  of  the  assets  of  E*Comnetrix  or any of its
                    subsidiaries; or

               (f)  Smith is removed as President of  E*Comnetrix  by the Board;
                    or

               (g)  the  Board,  by the  approval  of a  majority  of the  Board
                    including the affirmative  vote of Erik Mustad if he is then
                    a member of the Board but not  including  the vote of Smith,
                    approves  the  release of the Shares and  Warrants  from the
                    escrow hereby created.

<PAGE>

2.3.         Return of Purchase Price to Smith

             In the event  that  E*Comnetrix  retains  counsel to or files for
          bankruptcy protection or other protection from creditors,  E*Comnetrix
          will pay to Smith  US$50,000 plus any amounts  received by E*Comnetrix
          from  Smith  in  respect  of his  exercise  of  any  of  the  Warrants
          (collectively,  the  "Monies")  and within five  business  days of the
          receipt by the Escrow  Agent of written  notice from the  President of
          E*Comnetrix  confirming  that the Monies have been paid to Smith,  the
          Shares and Warrants will be released  from the escrow  hereby  created
          and delivered by the Escrow Agent to E*Comnetrix to be returned to the
          treasury of E*Comnetrix and cancelled.

2.4          Release of Shares and Warrants to E*Comnetrix

             If the Shares and Warrants  have not been  released and delivered
          to Smith  pursuant to section 2.2 and the Monies have not been paid to
          Smith  pursuant to section  2.3 by 5:00 p.m.  on August 1, 2003,  then
          E*Comnetrix  will pay to Smith  the  Monies by  September  1, 2003 and
          within  five  business  days of the  receipt  by the  Escrow  Agent of
          written notice from the President of E*Comnetrix  confirming  that the
          Monies  have been paid to  Smith,  the  Shares  and  Warrants  will be
          released  from the escrow  hereby  created and delivered by the Escrow
          Agent to E*Comnetrix to be returned to the treasury of E*Comnetrix and
          cancelled.  In the event that  E*Comnetrix  does not pay the Monies to
          Smith by September 1, 2003,  within five  Business Days of the receipt
          by the Escrow Agent of written notice from Smith  confirming  that the
          Monies have not been paid to Smith,  the Shares and  Warrants  will be
          released  from the escrow  hereby  created and delivered by the Escrow
          Agent to Smith.

                                   ARTICLE 3.
                           PROTECTION OF ESCROW AGENT

3.1.         Instructions to Escrow Agent

             E*Comnetrix  and  Smith  shall,  as  and  when  necessary,   give
          instructions  to the  Escrow  Agent,  and the  Escrow  Agent  shall be
          entitled to rely on such instructions and shall not be responsible for
          any action taken in reliance on such instructions.  Except as provided
          in sections  2.2,  2.3, and 2.4 the Escrow Agent shall not be required
          to take any action with respect to the Shares and  Warrants  except on
          the joint written instructions of E*Comnetrix and Smith.

3.2.         Indemnity

             The Transaction Parties shall jointly and severally indemnify the
          Escrow  Agent and every  attorney  appointed  by it in  respect of all
          liabilities  and expenses  incurred by it  (including  legal fees on a
          solicitor  and their own client  basis) in good faith in the execution
          or purported  execution of any rights and  obligations  in  accordance
          with this Agreement.

3.3.         No Liability for Losses

             The Escrow  Agent  shall not be liable for any losses  arising in
          connection  with the  exercise  or  purported  exercise  of any of its
          rights,  powers,  obligations and discretions in good faith under this
          Agreement and in particular (but without  limitation) the Escrow Agent
          shall not be liable for anything other than the delivery of the Shares
          and Warrants in accordance with this Agreement.

<PAGE>

3.4.         Reliance

             In acting  hereunder the Escrow Agent shall be fully protected in
          relying  upon  and  shall  be  entitled  to rely  upon an  opinion  of
          independent  legal counsel  satisfactory to the Escrow Agent as to the
          fulfilment  of its duties and  obligations  hereunder and shall not be
          responsible for any act or omission with respect to its administration
          of this Agreement except for its own wilful act or default.

3.5.         Depository Only

             It is expressly  understood  that the Escrow Agent acts hereunder
          as a depository  only and is not  responsible  or liable in any manner
          whatsoever for the sufficiency,  correctness,  genuineness or validity
          of any  instrument  deposited  with it or for the form of execution of
          such instrument or for the identity, authority or rights of any Person
          executing or  depositing  the same or for the terms and  conditions of
          any instrument pursuant to which the parties may act.

3.6.         No Other Responsibilities

             The Escrow  Agent  shall not have any duties or  responsibilities
          except  those  set  forth in this  Agreement  and  shall not incur any
          liability  in acting  upon any  signature,  notice,  request,  waiver,
          consent,  receipt or other  paper or  document  believed by the Escrow
          Agent to be genuine  and the Escrow  Agent may assume  that any Person
          purporting  to give any  notice on  behalf of any party in  accordance
          with the provisions hereof has been duly authorized to do so.

3.7.         Not Bound by Modifications

             The  Escrow  Agent  shall  not  be  bound  by  any  modification,
          cancellation  or  rescission of this  Agreement  unless in writing and
          signed by the Transaction  Parties. In no event shall any modification
          of this  Agreement  affect the rights or duties of the Escrow Agent or
          be binding  upon the Escrow Agent unless it shall have given its prior
          written consent thereto.

3.8.         Uncertainty

             In the event that the Escrow  Agent shall be  uncertain as to its
          duties or rights  hereunder or shall receive  instructions,  claims or
          demands from any of the  Transaction  Parties or from any other Person
          with  respect to the Shares and  Warrants  or the  provisions  of this
          Agreement which, in its opinion, are in conflict with any provision of
          this Agreement, it shall be entitled to refrain from taking any action
          until it shall be directed otherwise in writing by all the Transaction
          Parties  hereto or by final order or judgment of a court of  competent
          jurisdiction  in  respect  of which no  further  right of appeal  lies
          and/or in respect of which the time for appeal therefrom has expired.

                                   ARTICLE 4.
                                     GENERAL

4.1.         Notices

             Any notice, document,  request or other communication required or
          permitted to be given  hereunder  will be in writing and will be given
          by delivery to the relevant  address  indicated  below or by facsimile
          transmission  or  electronic  message  system to such address and such
          notice  shall,  if  sent  on any  day  by  facsimile  transmission  or
          electronic  message  system  after the  normal  business  hours of the
          recipient, be deemed to have been given on the next Business Day:

<PAGE>
             E*Comnetrix Inc.
             2000 Powell St., Ste. 1205
             Emeryville, California
             USA 94608

             Attention:                Board of Director
             Telecopier Number:        510-985-0900

             Mark Smith
             220 South Rock Rd., #9
             Reno, Nevada, 89502
             Telecopier number:        510-985-1725

             Escrow Agent
             J. Erik Mustad
             154 Bret Harte Road
             San Rafael, California, 94901
             Telecopier number:        415-361-0802

4.2.         Miscellaneous Fees and Expenses

             E*Comnetrix  will  pay or  procure  the  payment  when due of all
          present and future  fees,  costs,  charges and  expenses of the Escrow
          Agent acting in that capacity pursuant to this Agreement.

4.3.         Successors and Assigns

             This Agreement shall be binding and shall enure to the benefit of
          the  Transaction  Parties  and the Escrow  Agent and their  respective
          successors and assigns.

             IN  WITNESS   WHEREOF  the  parties  hereto  have  executed  this
          Agreement.

             E*COMNETRIX INC.

By: /s/ J. Erik Mustad
    -----------------------------------
    J. Erik Mustad
    Director, Chief Executive Officer

By: /s/ Stuart Rogers
    -----------------------------------
    Stuart Rogers
    Director

    /s/ Mark Smith
    -----------------------------------
    Mark Smith

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