Document:

LEAD MARKETING AGREEMENT

     THIS  LEAD  MARKETING AGREEMENT  is made and entered into as of this  __---
day  of  June, 2004 (the "Effective Date") by and between NeWave, Inc., a Nevada
corporation  and  its designated affiliates and subsidiaries,  ("Company"),  and
Vandalay Venture Group, Inc. (D.B.A. E-Commerce Exchange, Applied Merchant,
Chicago, ("Marketer").

                                    RECITALS

     WHEREAS, Company is in the business of, among other things, lead brokerage.

     WHEREAS,  Company  desires  to  enter  into  an  agreement with Marketer to
broker  certain  leads  pursuant  to the terms and conditions of this Agreement.

                                    SECTION 1
                                   DEFINITIONS
                                   -----------

     1.1     "Applicable  Law"  means  applicable  federal,  state  and  local
statutes,  regulations,  regulatory  guidelines  and enforceable interpretations
thereof  by duly authorized judicial administrative and/or regulatory officials.

1.2     "Lead"  means  names  and  contact  information of customers of Company.

     1.6     "Program"  shall  mean any membership, affiliation, club or similar
program  or  benefit  scheme  pursuant  to  which  a Lead is charged periodic or
recurring  fees  and  that  is  regularly  offered  and  developed  by Marketer.

     1.7     "Term"  shall  mean  the period of time commencing on the Effective
Date  and  ending  on  the  expiration or termination of the Initial Term or any
Renewal  Term.

                                    SECTION 2
                                 NON-EXLUSIVITY
                                 --------------

     2.1     Non-Exclusive  Agreement.   Company  hereby  grants a non-exclusive
             ------------------------
license  to  Marketer  to use the names brokered by Company in United States and
Internationally  pursuant  to  the  terms  and  conditions  of  this  Agreement.

                                    SECTION 3
                                      TERM
                                      ----

     3.1     Initial Term.  This Agreement shall remain in full force and effect
             -------------
for a term commencing on the effective date and ending sixty (60) days from such
date,  as  a  trial  period.

3.2     Renewal  Term.  Upon expiration of the Initial Term or any Renewal Term,
        -------------
as  the  case may be, this Agreement shall continue for additional, consecutive,
successive  periods  of  one  (1)  year unless terminated in accordance with the
provisions  of  Section  11.

                                    SECTION 4
                           BROKERED LEADS AND PROGRAMS
                           ---------------------------

     4.1     Approved  Programs.   Marketer hereby agrees that it shall only use
             ------------------
leads  brokered or provided by Company on programs, projects, campaign, or deals
approved  by  Company  as  set  forth  in  Schedule  A  attached  hereto.

     4.2     Number  of  Leads.  Company  shall  provide  Marketer  a  number of
             -----------------
brokered  leads  determine  its  sole discretion on a weekly basis.  Said broker
leads shall be provided and delivered to Marketer every Monday commencing on the
effective  date  of  this  Agreement.

                                    SECTION 5
                              MARKETING OF PROGRAMS
                              ---------------------

     5.1     In  connection  with  the  marketing  and  fulfillment of Programs,
Marketer  shall  provide  the  services  described  below.

     5.1.1  Marketer  shall  be  responsible  for  complying  with the terms and
conditions  of  the  Programs,  as the same are distributed to Leads brokered by
Company.  Marketer  shall  institute  or  maintain a  fulfillment program.  Such
fulfillment will comply with all relevant laws, rules and regulations including,
but  not  limited  to,  the  Mail  Order  Rule.

     5.2     In  administering  fulfillment,  cancellations and program customer
service,  Marketer,  at  its  sole  expense,  shall:

     5.2.1     Make  reasonable  commercial efforts to notify Company of changes
in  applicable  law  and/or  regulations  that  Marketer believes will adversely
affect  the  delivery of the program services.  .  Company acknowledges that all
merchants  are  to  be approved by Marketer in its sole discretion and merchants
will  be able to utilize the Program Services effective only upon such approval.
Therefore,  Company will not make any promise to or create any impression with a
prospective  merchant  that  it  will be approved prior to Marketer's review and
approval.

     5.3     Marketer  shall  submit to Company on a weekly basis, in electronic
format,  record  information  relating  to  customer  purchasing  of  Marketer's
Programs.

     5.4     Unless  otherwise  specifically  provided  in  this  Agreement  or
separately  agreed  to  in  writing,  each Party shall be solely responsible for
bearing  its  own costs and expenses incurred in performing its responsibilities
under  this  Agreement,  including  all tariffs, filings, licensing and/or other
fees.

                                    SECTION 6
                  USE OF NAME/TRADEMARKS /INTELLECTUAL PROPERTY
                  ---------------------------------------------

     6.1      Intellectual Property.  Except as expressly set forth herein, this
              ---------------------
Agreement  shall  not  convey  a license to Marketer or Company to use the other
party's  trademarks, service marks, trade names or logos owned or otherwise used
by  Marketer  or  Company.  Nothing  herein  shall  give Marketer or Company any
rights,  title  or  interest  to or in any such trademarks, service marks, trade
names  or logos owned or otherwise used by the other Party, other than the right
to  display  such  trademarks, service marks, trade names or logos in connection
with  the  marketing  and  fulfillment of the Services. All proposed usages of a
Party's  trademarks, service marks, trade names or logos shall be subject to the
prior  written  approval  of that Party in advance of their use, and the parties
shall  cease  all  such  usage  immediately  upon termination of this Agreement.

6.2       Use  of  Company  Name.  Marketer SHALL NOT use Company's name for any
reason, including the sale, promotion  or affiliation of its Program  to that of
Company's  except  that Marketer shall be allowed to state has a program that is
"COMPLIMENTRY  TO  THAT  OF  COMPANY'S."

                                    SECTION 7
                                COST AND EXPENSES
                                -----------------

7.1     Costs  and  Expenses.  Marketer  shall  be  responsible  for  all  costs
        --------------------
associated  with the development, creation, maintenance, updating, servicing and
administration  of  the  products and services comprising the Programs including
but not limited to marketing expenses relating to the marketing of the Programs.

                                    SECTION 8
                COMPENSATION, PAYMENTS, LATE FEES AND ACCOUNTINGS
                -------------------------------------------------

     8.1     Compensation.  Marketer  shall  pay  Company  according  to the pay
             ------------
structure  as  stated  in  Schedule  B  attached  hereto.

8.2     Payment.  Marketer  shall  promptly  pay Company the compensation as set
        -------
forth  in  section 8.1 above as stated in Schedule C attached hereto.  If Friday
is  a bank holiday then payment shall be promptly paid on the very next non-bank
holiday  day.

8.3     Late  Fees.  If  Marketer  fails  to  make  a  payment  pursuant to this
        ----------
Agreement,  Marketer  shall  pay  a 5% late fee for everyday that the payment is
late.
8.3     Accounting.  It  shall  be the responsibility of the Marketer to provide
        ----------
accurate accounting of the gross sales it makes to customers from leads brokered
by  Company  and  Marketer  shall  submit  to  Company  on  a  monthly basis, in
electronic  format,  record  information  relating  to  customer  purchasing  of
Marketer's  Programs  from  leads  brokered  by  Company.

                                    SECTION 9
                                 CONFIDENTIALITY
                                 ---------------

     9.1     Any  information  furnished by one party to the other in connection
with  this  Agreement  will be kept in confidence by such other party, including
its  affiliates,  in accordance with its policies for maintaining the confidence
of  its  own  information of similar content.  Such policies shall include, at a
minimum,  generally accepted industry standards requiring each party to maintain
the  safety  and  security  of Confidential Information.  The term "Confidential
Information"  shall  mean and include (i) this Agreement; (ii) all trade secrets
and other confidential business information learned in the course of performance
by  either  party of its obligations under this Agreement; (iii) any information
or  data  which  is  disclosed  by  a  party  to  the  other  party  under or in
contemplation  of  this  Agreement,  including but not limited to either party's
customer  information.  "Confidential Information" may be either the property of
the  disclosing party or information provided to the disclosing party by a third
party.

9.2   Each  party  provides  Confidential Information to the other party for the
sole  purpose  of  performing  the  Services  as  described  herein.

9.3  Following  receipt  of  any  item of Confidential Information, both parties
shall:
(i)     Keep  confidential  and  restrict  disclosure  of  the  Confidential
Information  solely  to legal counsel or other representatives (collectively the
"Representatives")  with  a  need  to  know  and  not  disclose the Confidential
Information  to  third  parties,
(ii)     Use  and  require  Representatives  to use, at least the same degree of
care  to  protect  the  Confidential  Information  as  is  used  with  its  own
confidential  information,  in  no  event  shall the degree of care be less than
holding  the  Confidential  Information  in  confidence.
(iii)     Use  the  Confidential  Information  only  for  the purposes stated in
section  9.2  above,
(iv)     Secure  prior  written  approval  from  the  disclosing  party  before
disclosing  any  of the Confidential Information to any third person or party of
any  kind that is not directly involved in the discussions, except those outside
counsel  or  other  representatives covered under paragraph 9.3 (i) above, and ;
(v)     Notify  the other party immediately in the event of loss or unauthorized
disclosure  of  any  item  containing  Confidential  Information.

     9.4          The  Parties  shall  take  appropriate  security  measures  to
protect  customer  nonpublic  personal  information  ("NPI"),  as defined in the
Gramm-Leach-Bliley  Act  of  1999,  Title  V,  and its implementing regulations,
against  accidental  or unlawful destruction and unauthorized access, tampering,
and  copying  during  storage  in either Party's computing or paper environment.
Access  to  NPI  must  be  restricted to only the personnel that have a business
need.  NPI  must  be  stored  in  an encrypted format within all systems at both
parties'  location  and  any  other  locations  where  the  data  may  reside.
Transmission  of such NPI between Parties must be done in a secured method.  NPI
must  be  encrypted during transmission by a method mutually agreed upon by both
parties.  Both  Parties  agree  that  each  will  engage  appropriate  and
industry-standard  measures necessary to meet information security guidelines as
required by the Gramm-Leach-Bliley Act, Title V and its implementing regulations
as  applicable  to  such  party.

     9.5     Notwithstanding  anything to the contrary,  neither party will have
any  obligation  to preserve the confidentiality of any Confidential Information
which:

(i)     Was  previously  known  to the receiving party free of any obligation to
keep  it  confidential;  or
(ii)     Is  or  becomes  publicly  available,  by  other  than  unauthorized
disclosure;  or
(iii)     Is  disclosed  to  third  parties  by  the  disclosing  party  without
restriction;  or
(iv)     Is  received  by  either  party from a third party who is rightfully in
possession  of  such  Confidential  Information  and has the proper authority to
disclose  it.

     9.6     Upon  request  of disclosing party, receiving party will return all
Confidential  Information  received  in  written and/or tangible form, including
copies,  reproductions  or  materials  otherwise  containing  confidential
Information.

     9.7     Nothing  contained  in this Agreement will be construed as granting
or conferring any rights by license or otherwise in any Confidential Information
disclosed  under  this  Agreement.

     9.8     Each  party acknowledges that the other party owns its Confidential
Information,  and  that  use  of  the  Confidential  Information  other  than as
permitted  under  this Agreement, may cause the other party irreparable harm for
which  there  may be no adequate remedy at law and would entitle the other party
to injunctive relief as well as any other remedies available, including monetary
damages.

     9.9     It  is  expressly  agreed  that  the  requirements  of this Section
survive  termination.

                                   SECTION 10
                                 INDEMNIFICATION
                                 ---------------

     10.1     Marketer  will assume, pay, indemnify, hold harmless and reimburse
Company,  its  officers, directors, shareholders, employees, agents, successors,
and  assignees,  for any and all liabilities, damages, claims, suits, judgments,
costs,  and  expenses  (including  reasonable  attorney's  fees and court costs)
directly or indirectly incurred by Company as a result of Marketer's negligence,
intentional  or  unintentional  act,  violation  of any Applicable Law, employee
fraud,  error  or  omission,  breach  of  this Agreement, or patent or trademark
infringement,  or  arising  out  of  any act of Marketer beyond the scope of the
authority  reposed  in  Marketer  by  this  Agreement.

     10.1.1   In  connection  with  the foregoing, within twenty (20) days after
Company  receives notice of any claim or the commencement of any action to which
this  indemnification  applies,  Company  will  notify Marketer of such claim or
action.  If any such claim or action is brought against Company, Marketer may at
its  option,  defend  said claim or action (or cause same to be defended) at its
own  expense, and in such event, will pay and discharge any and all liabilities,
damages,  judgments,  costs,  and expenses (including reasonable attorney's fees
and  court  costs)  arising  out of said defense; provided however, that neither
Marketer  nor  Company  shall  compromise  or settle any such claim or action to
which  this  indemnification  applies  without  the prior written consent of the
other  party.

10.2     Company  will  assume,  pay,  indemnify,  hold  harmless  and reimburse
Marketer,  its officers, directors, shareholders, employees, agents, successors,
and  assignees,  for any and all liabilities, damages, claims, suits, judgments,
costs,  and  expenses  (including  reasonable  attorney's  fees and court costs)
directly or indirectly incurred by Marketer as a result of Company's negligence,
intentional  or  unintentional  act,  violation  of any Applicable Law, employee
fraud,  error  or  omission,  breach  of  this Agreement, or patent or trademark
infringement,  or  arising  out  of  any  act of Company beyond the scope of the
authority  reposed  in  Company  by  this  Agreement.

     10.2.1   In  connection  with  the foregoing, within twenty (20) days after
Marketer receives notice of any claim or the commencement of any action to which
this  indemnification  applies,  Marketer  will  notify Company of such claim or
action.  If any such claim or action is brought against Marketer, Company may at
its  option,  defend  said claim or action (or cause same to be defended) at its
own  expense, and in such event, will pay and discharge any and all liabilities,
damages,  judgments,  costs,  and expenses (including reasonable attorney's fees
and  court  costs)  arising  out of said defense; provided however, that neither
Company  nor  Marketer  shall  compromise  or settle any such claim or action to
which  this  indemnification  applies  without  the prior written consent of the
other  party.

                                   SECTION 11
                             DEFAULT AND TERMINATION
                             -----------------------

     11.1     Default.  If  either  party  shall  fail to observe or perform any
              -------
material  term, condition or covenant of this Agreement for a period of ten (10)
days  after  receipt of notice specifically stating such failure from the other,
the  party  so  failing  to observe or perform (the "Defaulting Party") shall be
deemed in default hereunder and the other party (the "Nondefaulting Party") may,
in addition to any and all other rights or remedies it may have at either law or
in  equity,  terminate  this  Agreement.

11.2     Termination.  By  either  party  hereto by written communication to the
         -----------
other  party  confirming  its  desire to terminate this Agreement within 10 days
from  the  date  of  the  written  communication.

     11.3     Continuation  of Service.  Notwithstanding any termination of this
              ------------------------
Agreement,  whether  by  default or expiration of the term hereof, Marketer will
continue  to  provide  customer  service for Programs in which its customers are
enrolled  through the expiration of each customer's current enrollment period or
subsequent  renewal  periods.

     11.4     Obligation  of  Payment.  Notwithstanding  any termination of this
              -----------------------
Agreement,  whether  by  default or expiration of the term hereof, Marketer will
still  be  liable  for  any  payments  owed  to  Company

                                   SECTION 12
                         REPRESENTATIONS AND WARRANTIES
                         ------------------------------

     12.1     Representations  and  Warranties  of  Company:

     Company  continuously  represents  and  warrants  to  Marketer  as follows:

     12.1.1     Company  is  a  corporation  company  duly  organized,  validly
existing  and  in  good standing under the laws of the State of Utah and has all
requisite corporate power and authority to carry on its business as is now being
conducted.

     12.1.2     Company  has  the  requisite  corporate  power  and authority to
execute,  deliver  and  perform  this  Agreement.  The  execution,  delivery and
performance  of  this  Agreement  and  the  consummation  of  the  transactions
contemplated  hereby have been duly authorized by all necessary corporate action
on  the  part  of  Company  and  require  no further authorization or consent by
Company.  This  Agreement  is  the  valid  and  binding  obligation  of Company,
enforceable  in  accordance with its terms, subject to the effect of bankruptcy,
insolvency,  moratorium  or  other  laws  relating  to  the  rights of creditors
generally,  and  to  equitable  principles  of  general  application.

     12.1.3  Company  will  perform  its  services  in  a  workmanlike  manner
consistent  with  good  business  practice.

     12.2     Representations  and  Warranties  of  Marketer:

          Marketer  continuously  represents and warrants to Company as follows:

     12.2.1     Marketer  is  duly  organized,  validity  existing  and  in good
standing  under  the  laws of its state of incorporation or organization and has
all  requisite  corporate power and authority to carry on its business as is now
being  conducted.

     12.2.2      Marketer  has  the  requisite  corporate power and authority to
execute,  deliver  and  perform  this  Agreement.  The  execution,  delivery and
performance  of  this  Agreement  and  the  consummation  of  the  transactions
contemplated  hereby have been duly authorized by all necessary corporate action
on  the  part  of  Marketer  and  require no further authorization or consent by
Marketer.  This  Agreement  is  the  valid  and  binding obligation of Marketer,
enforceable  in  accordance with its terms, subject to the effect of bankruptcy,
insolvency,  moratorium  or  other  laws  relating  to  the  rights of creditors
generally,  and  to  equitable  principles  of  general  application.

12.2.3     Marketer  will provide all goods and services in a workmanlike manner
consistent  with  good  business  practice.

12.2.4  Marketer  will comply in all material respects with all Applicable Laws,
including  without  limitation,  the  Mail  Order Rule, and all local, state and
federal  statutes  regulating  the billing of consumers' credit cards and/or the
debiting  of  consumers'  accounts.

12.2.5     Marketer  will  comply  or ensure that the Call Centers comply in all
material  respects  with all Applicable Laws, including, without limitation, the
Federal  Trade  Commission  Act,  the Telemarketing and Consumer Fraud and Abuse
Prevention  Act  and  all  state  and federal statutes regulating the initiation
and/or  content  of  telemarketing  sales  calls.

                                   SECTION 13
                       COMPLIANCE WITH LEGAL REQUIREMENTS
                       ----------------------------------

     13.1     Without  limitation  of  any  other  provision  of this Agreement,
Marketer  shall  perform  its  obligations  hereunder or ensure the Call Centers
perform  their  obligations (including, but not limited to, all solicitations of
Members)  at all times in accordance with any Applicable Law, including, without
limitation,  the  Federal  Telemarketing and Consumer Fraud and Abuse Protection
Act,  the  rules and regulations of the Federal Communications Commission and of
the  Federal  Trade  Commission  and  the  rules  and  regulations  of any state
regulatory agency having jurisdiction, including but not limited to the Illinois
Restricted  Call  Registry  Act.

                                   SECTION 14
                             INDEPENDENT CONTRACTORS
                             -----------------------

     14.1     The  parties  hereto  are  independent contractors, and nothing in
this  Agreement  will  create any partnership, joint venture, agency, franchise,
sales  representative,  servant  or employment relationship between or among the
parties  or  any  affiliates of the parties, and neither party to this Agreement
will  have  any  authority whatsoever to bind the other party to any obligation.

                                   SECTION 15
                             ASSIGNMENT, SUCCESSORS
                             ----------------------

     15.1     This  Agreement  may  be  assigned  only  upon  the  prior written
approval  of  both  Parties,  which approval shall not be unreasonably withheld.
Notwithstanding  the  preceding sentence, either Party may assign this Agreement
to  any Affiliate without the consent of the other Party if the assignor remains
fully  liable  hereunder.

                                   SECTION 16
                            LIMITATIONS OF LIABILITY
                            ------------------------

     16.1     In  no  event, other than liability under Sections 9 and 10, shall
either  party  be liable to the other for lost profits for indirect, incidental,
consequential  or  punitive  damages.

                                   SECTION 17
                                    SURVIVAL
                                    --------

     17.1     Any  provision  of this Agreement that contemplates performance or
observance  subsequent to, or otherwise states that it would survive termination
or  expiration  of this Agreement shall survive the termination or expiration of
this  Agreement. This Section 19 shall survive termination or expiration of this
Agreement.

                                   SECTION 18
                                  GOVERNING LAW
                                  -------------

     18.1     This  Agreement  shall  be governed by and construed in accordance
with  California  law  without  application  of  conflict  of  law  rules.

                                   SECTION 19
                                  SEVERABILITY
                                  ------------

     19.1     In  the  event  that  any  provision  of  this  Agreement,  or the
application thereof, is for any reason, or to any extent, found to be invalid or
unenforceable,  the  remainder of this Agreement will continue in full force and
effect  and  shall  be interpreted so as best to reasonably effect the intent of
the  Parties  hereto.

                                   SECTION 20
                                  MISCELLANEOUS
                                  -------------

     20.1     Force  Majeure.  Neither party hereto shall be liable to the other
              --------------
for  any  delay in, or failure of, performance of any covenant contained herein,
nor  shall  any  such  delay  in  or  failure  of performance constitute default
hereunder  or give rise to any liability for damages, if any, to the extent that
such  delay  or  failure  is caused by "Force Majeure". The term "Force Majeure"
means  fires,  explosions,  actions  of  the  elements,  strikes  or other labor
disputes,  restrictions  or restraints imposed by law, rules or regulations of a
public  authority,  acts of military authorities, war riots, civil disturbances,
interruptions,  or  delays  of  utilities  or telephone service, interruption of
transportation  facilities,  and  any other cause which is beyond the reasonable
control  of  the  party  affected,  and  which  by  the  exercise  of reasonable
diligence,  said  party  is  unable  to  prevent.  The occurrence of such "Force
Majeure"  shall extend the time of performance on the part of the party affected
thereby  to such extent as may be necessary to enable it to complete performance
after  the cause or causes of delay or failure have been removed, except that if
performance  cannot  be  resumed  within  thirty  (30)  days,  either  party may
terminate  this  Agreement.

     20.2     Notices.  All  notices, requests, demands and other communications
              -------
provided  for  hereunder  shall  be in writing and delivered to the Agent or the
Partner by mail, confirmed facsimile, personal delivery or delivery by overnight
carrier  at  the  addresses  provided  by  the  respective  parties  hereto.

     Notices  shall  be  deemed given upon the earlier to occur on (i) the third
day  following the deposit thereof in the U.S. Mail or (ii) receipt by the party
to  whom  such notice is directed when delivered by personal delivery, confirmed
facsimile  or  overnight  courier.

     20.3     Binding  Effect.  Subject  to  any  provisions hereof, restricting
              ---------------
assignment,  this Agreement shall be binding upon and shall inure to the benefit
of  Company  and Marketer and their respective successors and permitted assigns.

20.4     Waivers.  Neither  the  waiver  by any party hereto of a breach of or a
         -------
default  under  any  of the provisions of this Agreement, nor the failure of any
party hereto, on one or more occasions, to enforce any of the provisions of this
Agreement  or  to  exercise  any  right,  remedy  or  privilege  hereunder shall
thereafter  be construed as a waiver of any such provisions, rights, remedies or
privileges  hereunder.  Any of the terms, covenants, representations, warranties
or  conditions hereof may be waived only by a written instrument executed by the
party  waiving  compliance.

20.5     Entire  Agreement.  This  Agreement  (including the Attachments hereto)
         -----------------
constitutes the entire agreement among the parties and supercedes any prior oral
understandings,  agreements  or  representations  by  or  among the parties with
respect  to  the subject matter hereof.  This Agreement may only be amended by a
writing  executed  by  the  parties. Section and paragraph headings used in this
Agreement  are  for  convenience  of  reference  only  and shall not afffect the
interpretation  or  construction  thereof.

     20.6.     Pronouns.  All pronouns and any variation thereof shall be deemed
               --------
to refer to the masculine, feminine, neuter, singular or plural, as the identity
of  the  Person  may  require.

     20.7.     Headings.  Section  headings  contained  in  this  Agreement  are
               --------
inserted  for convenience of reference only, shall not be deemed to be a part of
this  Agreement  for  any purpose, and shall not in any way define or affect the
meaning,  construction  or  scope  of  any  of  the  provisions  hereof.

     20.8.     Execution  in  Counterparts.  To  facilitate  execution,  this
               ---------------------------
Agreement  may  be  executed  in as many counterparts as may be required; and it
shall  not  be necessary that the signatures of, or on behalf of, each party, or
that  the  signatures  of all persons required to bind any party, appear on each
counterpart;  but it shall be sufficient that the signature of, or on behalf of,
each  party,  or  that the signatures of the persons required to bind any party,
appear  on  one  or  more  of  the  counterparts.  A  facsimile  signature  will
constitute  an  original  and  binding  signature.  All  counterparts  shall
collectively constitute a single agreement.  It shall not be necessary in making
proof  of  this  Agreement  to  produce  or  account for more than the number of
counterparts  containing  the  respective signatures of, or on behalf of, all of
the  parties  hereto.

     20.9     Non-Solicitation  of  merchants.  Without Marketer's prior written
              -------------------------------
consent  (which  consent  may  be  withheld  in  Marketer's  sole  and  absolute
discretion), Company shall not knowingly cause or permit any of their employees,
agents,  principals,  affiliates, subsidiaries or any other person or entity (i)
to  solicit  or  provide  services that compete with the Program Services to any
merchant  that  has  been  accepted by Marketer; or (ii) to solicit or otherwise
cause  any  merchant  that  has  been  accepted  by  Marketer  or its vendors to
terminate  its  participation  in any of the services offered by Marketer or its
vendors.  This section shall apply during the term of this Agreement and for one
(1)  years  after any termination, cancellation or expiration of this Agreement.
Company  will  remain  responsible  for  resulting  damages from such prohibited
solicitation.

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

                         MARKETER

                         By: /s/ Vandalay Venture

     NEWAVE,  INC.  (the  "Company")

                         By: /s/ Mike Hill

<PAGE>

                                   SCHEDULE A
                                   ----------

                                    PROGRAMS
Program  Name
     Description
Merchant  Accounts     Allows  its  customers  to  process  credit  cards

<PAGE>
08/23/042:02  PM     11
                                   SCHEDULE B
                                   ----------

Marketer  will  pay  the Company fifty percent (50%) of the net monthly residual
amount  collected  from  Leads  marketed  pursuant  to  this  Agreement

Company  may  assign  or  sell  its rights to compensation to a third party upon
Marketer's  prior  written  consent; provided however, Marketer shall first have
the  right  to  purchase  such  compensation  rights  from Company. In the event
Company  seeks  to  sell  its  right  to compensation to a third party, it shall
provide  Marketer  with  written notice of the material terms of the third party
offer, and Marketer shall have 30 days within which to notify Company if it will
match  said  third  party  offer.  If  Marketer  elects to match the third party
offer,  Company shall sell its rights to compensation to Marketer.  In the event
Marketer  does  not  elect  to  exercise  this  right of first refusal, it shall
consent  to  the  sale  of  Company's  compensation  to the third party offeror.
At  the  discretion  of the Company, Marketer will at any time buy the Company's
residual  fee for six times (6x) the residual stream.   . Residuals will only be
paid  if collected from the merchants and Marketer's vendors.  Residuals will be
paid  net  7  following  the  month  of collection by Marketer from its vendors.Promissory Note

PROMISSORY NOTE

$USD 15,000

November 30, 2001

TO:

Cusil Venture Corporation

FOR VALUE RECEIVED, the undersigned, InNexus Inc. (the "Borrower"), of #196, 3405-172nd Street, Arlington (Seattle), Washington, 98223 HEREBY PROMISES TO PAY ON DEMAND made on or after December 31, 2001 (the "Maturity Date"), to the order of Cusil Venture Corporation (the "Lender") at 1400-400 Burrard Street, Vancouver, British Columbia V6C 3G2, the principal sum of $USD 15,000 OR such other amount as may be specified on Exhibit “I” hereto as the principal amount then due and outstanding after giving effect to further advances to or repayments by the Borrower (the “Principal Amount”) and to pay interest on the principal amount hereof outstanding from time to time until and upon maturity at the rate of 8% per annum calculated and payable semi-annually in arrears in arrears.  Interest as aforesaid shall accrue and be payable both before and after demand, before and after default and before and after judgment.  

Presentment, protest, notice of protest and notice of dishonor are hereby waived.  Defenses based on and all indulgences and forebearances which may be granted by the holder to any party liable hereon are hereby waived.  Interest shall be computed on the basis of a year of 365 days and the actual number of days elapsed.  Should interest not be paid when due, it shall thereafter bear interest at the same rate as for principal.

The Principal or any portion thereof may be repaid at any time prior to the Maturity Date without notice or bonus and the Lender shall cause such repayment to be duly noted on Exhibit “I” hereto.  If the Principal Amount owing pursuant hereto is repaid in part, the Borrower shall, upon delivery to it of this note, or a note substituted for the note, for cancellation, issue a promissory note in like form representing the amount of principal then outstanding.

SIGNED and DELIVERED by

)

InNexus Inc.

)

”Allen D. Leschert”

)

in the presence of:

) 

InNexus Inc.

) 

Allen D. Leschert,

)

Per: “Alton C. Morgan”

Name of Witness

)

Alton C. Morgan

)

500-999 West Hastings street, Vancouver

)

British Columbia, V6C 2W2

)

Address of Witness

)

)

Barrister & Solicitor

)

Occupation of Witness

)

)

Z:\My Documents\Files\PUBLIC COMPANIES\InNEXUS BIOTECHNOLOGY INC\SEC\PDF #1 EXHIBITS TO 20F\4.4  Promissory Note .doc

EXHIBIT “I” TO PROMISSORY NOTE MADE BY INNEXUS INC. ("BORROWER") IN FAVOUR OF CUSIL VENTURE CORPORATION ("LENDER") 

AND DATED NOVEMBER 30, 2001

Advances and Repayments of Principal

	DATE

	PRINCIPAL  (OPENING)

	ADVANCES

	REPAYMENTS

	PRINCIPAL  (CLOSING)

	DESCRIPTION

	AUTHORIZED SIGNATURE OF BORROWER/ LENDER

	Nov 30, 2001

	nil

	$USD 15,000

	nil

	$USD 15,000

	Initial Principal Amount 

	“ACM”    “SR”

	Dec 5, 2001

	$USD 15,000

	$USD 10,000

	Nil

	$USD 25,000

	Second Advance

	“ACM”    “SR”

	March 1, 2002

	$USD 25,000

	$USD 10,425

	Nil

	$USD 35,425

	ImmPheron InNexus Adv

	“ACM”    “SR”

	March 4, 2002

	$USD 35,425

	$USD1,100

	Nil

	$USD 36,525

	Rent - ImmPheron

	“ACM”    “SR”

	March 7, 2002

	$USD 36,525

	$USD1,575

	Nil

	$USD 38,100

	Advance to InNexus

	“ACM”    “SR”

	March 12, 2002

	$USD 38,100

	$USD 1,000

	Nil

	$USD 39,100

	Advance to ImmPheron (Rent)

	“ACM”    “SR”

	March 18, 2002

	$USD 39,100

	$USD 1,575

	Nil

	$USD 40,675

	Advance to InNexus

	“ACM”    “SR”

	March 19, 2002

	$USD 40,675

	$USD 2,400

	Nil

	$USD 43,075

	WT to ImmPheron

	“ACM”    “SR”

	March 22, 2002

	$USD 43,075

	$USD 9,495

	Nil

	$USD 52,570

	Advance to InNexus

	“ACM”    “SR”

	March 27, 2002

	$USD 52,570

	$USD 23,580

	Nil

	$USD 76,150

	WT to ImmPheron

	“ACM”    “SR”

	March 28, 2002

	$USD 76,150

	$USD 10,172.11

	Nil

	$USD 86,322.11

	WT to Keaveney

	“ACM”    “SR”

	March 28, 2002

	$USD 86,322.11

	$USD 10,172.11

	Nil

	$USD 96,494.22

	WR to Fowler

	“ACM”    “SR”

	April 5, 2002

	$USD 86,494.22

	$USD 8,652.50

	Nil

	$USD 105,146.82

	Advance to InNexus

	“ACM”    “SR”

	May 2, 2002

	$USD 105,146.82

	$USD 14,340.03

	Nil

	$USD 119,486.85

	Advance to InNexus

	“ACM”    “SR”

	May 3, 2002

	$USD 119,486.85

	$USD 5596

	Nil

	$USD 125,,082.85

	WT to Fowler

	“ACM”    “SR”

	May 1, 2002

	$USD 125,082.85

	$USD 8,623

	Nil

	$USD 133,705.85

	WT to ImmPheron

	“ACM”    “SR”

	May 3, 2002

	$USD 133,705.85

	$USD 2924.29

	Nil

	$USD 136,630.14

	Advantage (London)

	“ACM”    “SR”

	April 13, 2002

	$USD 136,630.04

	$USD 789.09

	Nil

	$USD 137,413.23

	Kerr Redekopp (Lawyers)

	“ACM”    “SR”

	May 23, 2002

	$USD 137,419.23

	$USD 1,843.20

	Nil

	$USD 139,262.43

	Advantage (London)

	“ACM”    “SR”

	May 30, 2002

	$USD 139,262.43

	$USD 12,444.31

	Nil

	$USD 151,706.74

	Adv. To North Bioscience

	“ACM”    “SR”

	June 1, 2002

	$USD 151,706.74

	$USD 8,623

	Nil

	$USD 160,329.74

	Advance to ImmPheron

	“ACM”    “SR”

	June 1, 2002

	$USD 160,329.74

	$USD 5000

	Nil

	$USD 165,329.74

	WT to Fowler

	“ACM”    “SR”

	June 6, 2002

	$USD 165,329.74

	$USD 6,600

	Nil

	$USD 171,929.74

	Acquisition from Immune Network

	“ACM”    “SR”

	June 13, 2002

	$USD 171,929.74

	$USD 3003.04

	Nil

	$USD 174,932.78

	Advance re London Trip

	“ACM”    “SR”

	May 30, 2002

	$USD 174,932.78

	$USD 6,450

	Nil

	$USD 174,997.28

	Filing Fee – InNexus

	“ACM”    “SR”

	June 17, 2002

	$USD 174,997.28

	$USD 3,333

	Nil

	$USD 178,330.28

	ImmPheron KSEF Grad

	“ACM”    “SR”

	July 12, 2002

	$USD 178,330.28

	$USD 11,849.25

	Nil

	$USD 190,179.53

	Advance to InNexus

	“ACM”    “SR”

	July 2, 2002

	$USD 190,179.53

	$USD 8,623

	Nil

	$USD 198,802.53

	Advance to ImmPheron

	“ACM”    “SR”

	July 2, 2002

	$USD 198,802.53

	$USD 5,000

	Nil

	$USD 203,802.53

	WT to Fowler

	“ACM”    “SR”

	July 15, 2002

	$USD 203,802.53

	$USD 613.14

	Nil

	$USD 204,415.67

	Diner’s Club (London Trip)

	“ACM”    “SR”

	July 15, 2002

	$USD 204,415.67

	$USD 6,667

	Nil

	$USD 211,082.67

	WT to ImmPheron Re. ELISA

	“ACM”    “SR”

	August 1, 2002

	$USD 211,082.67

	$USD 11,293.20

	Nil

	$USD 222,475.87

	Advance to North Bioscience

	“ACM”    “SR”

	August 1, 2002

	$USD 222,475.87

	$USD 8,623

	Nil

	$USD 231,098.87

	Advance to ImmPheron

	“ACM”    “SR”

	August 1, 2002

	$USD 231,098.87

	$USD 5,000

	Nil

	$USD 236,098.87

	WT to Fowler

	“ACM”    “SR”

Z:\My Documents\Files\PUBLIC COMPANIES\InNEXUS BIOTECHNOLOGY INC\SEC\PDF #1 EXHIBITS TO 20F\4.4  Promissory Note .doc

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}]]