Document:

Conversion Agreement

     This Conversion Agreement (the "Agreement") is made and entered into by and
among  AmeriNet  Group.com,  Inc., a publicly held Delaware  corporation  with a
class  of  securities  registered  under  Section  12(g)  of  the  Exchange  Act
("AmeriNet") and, The Yankee Companies, Inc., a Florida corporation which serves
as  AmeriNet's  strategic  consultant  ("Yankees"),  AmeriNet and Yankees  being
sometimes  hereinafter  collectively referred to as the "Parties" or generically
as a "Party").

                                    Preamble:

     WHEREAS, in order for AmeriNet to more effectively  organize its operations
and  acquire  promising  operating  companies,  it needs to reduce  its  current
indebtedness  and in  conjunction  therewith,  has requested  the  assistance of
Yankees; and

     WHEREAS,  Yankees  has  agreed to provide  such  assistance  by  converting
$98,500 of the debt currently owed by AmeriNet to Yankees (the "AmeriNet  Debt")
into equity at the rate of $0.125 per share of AmeriNet's  common  stock,  $0.01
per share par value (the "Common Stock"):

     NOW,   THEREFORE,   in  consideration   of  the  covenants,   promises  and
representations set forth herein, and for other good and valuable consideration,
the Parties, intending to be legally bound, hereby agree as follows:

                                   Witnesseth:

                                    Article I
                                   Definitions

     The following terms or phrases,  as used in this Agreement,  shall have the
following meanings:

(A)      Accredited Investor:

          An investor that meets the requirements for treatment as an accredited
          investor,  as defined in Rule 501(a) of Commission Regulation D, which
          provides as follows:

          "Accredited  investor"  shall mean any person who comes  within any of
          the following categories,  or who the issuer reasonably believes comes
          within any of the following categories, at the time of the sale of the
          securities to that person:

          (1)  Any bank as defined in section 3(a)(2) of the Act, or any savings
               and loan  association or other  institution as defined in section
               3(a)(5)(A)  of  the  Act  whether  acting  in its  individual  or
               fiduciary  capacity;  any broker or dealer registered pursuant to
               section 15 of the Securities  Exchange Act of 1934; any insurance
               company as defined in section  2(13) of the Act;  any  investment
               company  registered under the Investment Company Act of 1940 or a
               business  development  company as defined in section  2(a)(48) of
               that Act; Small Business  Investment Company licensed by the U.S.
               Small Business  Administration under section 301(c) or (d) of the
               Small Business  Investment Act of 1958; any plan  established and
               maintained by a state, its political subdivisions,  or any agency
               or instrumentality  of a state or its political  subdivisions for
               the benefit of its  employees,  if such plan has total  assets in
               excess of $5,000,000; employee benefit plan within the meaning of
               the  Employee  Retirement  Income  Security  Act of  1974  if the
               investment  decision is made by a plan  fiduciary,  as defined in
               section  3(21) of such Act,  which is either a bank,  savings and
               loan association,  insurance  company,  or registered  investment
               adviser,  or if the  employee  benefit  plan has total  assets in
               excess of $5,000,000 or, if a self-directed plan, with investment
               decisions made solely by persons that are accredited investors;

                                      155
<PAGE>

     (2)  Any  private  business  development  company  as  defined  in  section
          202(a)(22) of the Investment Advisers Act of 1940;

     (3)  Any  organization  described  in  Section  501(c)(3)  of the  Internal
          Revenue Code, corporation, Massachusetts or similar business trust, or
          partnership,  not formed for the  specific  purpose of  acquiring  the
          securities offered, with total assets in excess of $5,000,000;

     (4)  Any director,  executive officer,  or general partner of the issuer of
          the  securities  being  offered or sold,  or any  director,  executive
          officer, or general partner of a general partner of that issuer;

     (5)  Any natural person whose individual net worth, or joint net worth with
          that person's spouse, at the time of his purchase exceeds $1,000,000;

     (6)  Any natural person who had an individual  income in excess of $200,000
          in each of the two  most  recent  years  or  joint  income  with  that
          person's spouse in excess of $300,000 in each of those years and has a
          reasonable  expectation  of  reaching  the  same  income  level in the
          current year;

     (7)  Any trust,  with total assets in excess of $5,000,000,  not formed for
          the  specific  purpose of  acquiring  the  securities  offered,  whose
          purchase  is  directed  by a  sophisticated  person  as  described  in
          ss.230.506(b)(2)(ii); and

     (8)  Any entity in which all of the equity owners are accredited investors.

(B)      Commission:     The United States Securities and Exchange Commission.

(C)      Exchange Act:   The Securities Exchange Act of 1934, as amended.

(D)      Exchange Act Reports:

          The reports on  Commission  Forms  10-SB,  10-KSB,  10-QSB and 8-K and
          Commission  Schedules  14A and 14C,  that AmeriNet is required to file
          pursuant to Sections 13, 14, 15(d) and 12(g) of the Exchange Act.

(E)      Florida Act:     The Florida Securities and Investor Protection Act.

(F)      Florida Rule:    Florida Rule 3E-500.005, which provides as follows:
                          Disclosure requirements of Section 517.061(11)(a)3,
                          Florida Statutes.

      (1) Transactions  by an issuer which do not satisfy all of the  conditions
          of this  rule  shall not raise  any  presumption  that the  exemptions
          provided by Section 517.061(11), Florida Statutes is not available for
          such transactions. Attempted compliance with this rule does not act as
          an  election;  the issuer can also claim the  availability  of Section
          517.061(11), Florida Statutes, outside this rule.

      (2) The  determination  as to whether  sales of  securities  are part of a
          larger  offering  (i.e.,  are deemed to be integrated)  depends on the
          particular  facts and  circumstances.  In  determining  whether  sales
          should be  regarded  as part of a larger  offering  and thus should be
          integrated,   the  facts   described  in  Rule  3E-500.01   should  be
          considered.

      (3) Although sales made pursuant to Section 517.061(11), Florida Statutes,
          and in  compliance  with this rule,  are exempt from the  registration
          provisions  of this Act, such  exemption  does not avoid the antifraud
          provisions of Sections 517.301 and 517.311, Florida Statutes.

                                      156
<PAGE>

      (4) The provisions of this rule shall apply only to transactions which are
          consummated with persons in the State of Florida.

      (5) The requirements of Sections 517.061(11)(a)(3), Florida Statutes, that
          each  purchaser,  or his  representative  be  provided  with or  given
          reasonable  access  to  full  and  fair  disclosure  of  all  material
          information  shall be deemed  to be  satisfied  if  either  paragraphs
          (5)(a) or (5)(b) are complied with:

          (a)  Access to or Furnishing of Information.  Reasonable access to, or
               the furnishing of, material  information  shall be deemed to have
               been  satisfied  if prior to the sale a purchaser is given access
               to the following information:

               1.       All material books and records of the issuer; and

               2.       All material contracts and documents relating to the
                        proposed transaction; and

               3.       An opportunity to question the appropriate executive
                        officers or partners.
               ....

       (6)     In the  case  of an  issuer  that  is  subject  to the  reporting
               requirements  of Section 13 or 15(d) of the  Securities  Exchange
               Act of 1934,  the  provisions  of  paragraph  (5)(b) of this rule
               shall be deemed satisfied by providing the following:

               (a)  The  information  contained in the annual report required to
                    be filed  under  the  Securities  Exchange  Act of 1934 or a
                    registration  statement on Form S-1 under the Securities Act
                    of 1933,  whichever filing is the most recent required to be
                    filed, and the information contained in any definitive proxy
                    statement required to be filed pursuant to Section 14 of the
                    Securities  Exchange  Act of  1934  and in  any  reports  or
                    documents  required  to be filed by the issuer  pursuant  to
                    Section  13(a) or 15(d) of the  Securities  Exchange  Act of
                    1934, since the filing of such annual report or registration
                    statement; and

                (b) A brief description of the securities being offered, the use
                    of the proceeds from the offering,  and any material changes
                    in the  issuer's  affairs  which  are not  disclosed  in the
                    documents furnished.

(G)      Securities Act:    The Securities Act of 1933, as amended.

                                   Article II
                                   Conversion

(A)      Yankees  hereby  converts  $98,500 of the AmeriNet  Debt into shares of
         AmeriNet unregistered Common Stock, at a conversion price of $0.125 per
         share, the transaction  being effected without  registration  under the
         Securities  Act  or the  Florida  Act,  based  on  the  exemption  from
         registration provided by Section 4(6) of the Securities Act and Section
         517.061(11) of the Florida Act.

(B)      In consideration for Yankees' conversion of the AmeriNet Debt, AmeriNet
         hereby  agrees to issue to  Yankees  the  788,000  shares of  AmeriNet'
         common stock subscribed for hereby.

                                      157
<PAGE>

(C)      As a material inducement to AmeriNet's  consideration of Yankees' offer
         to convert AmeriNet Debts into the Yankees' shares, Yankees represents,
         warrants and covenants to AmeriNet, as follows:

         (1)      Yankees is familiar with the  requirements for treatment as an
                  "accredited  investor" under  Regulation D and Section 4(6) of
                  the Securities Act and meets one or more of the definitions of
                  an "accredited  investor" contained in Rule 501(a) promulgated
                  under  authority of Securities  Act and has, alone or together
                  with its advisors or  representatives,  if any, such knowledge
                  and experience in financial matters that Yankees is capable of
                  evaluating the relative risks and merits of this subscription,
                  the text of Rule 501(a) being set forth, in full, above;

         (2)      Yankees acknowledges that it has, based on its own substantial
                  experience,   the   ability  to  evaluate   the   transactions
                  contemplated  hereby  and the  merits  and  risks  thereof  in
                  general  and  the  suitability  of the  transaction  for it in
                  particular;

         (3)      (a)      Yankees  understands  that  the  offer  and  issuance
                           of  AmeriNet  Stock  is  being  made in  reliance  on
                           Yankees'   representation   that   it  has   reviewed
                           AmeriNet's  Exchange  Act Reports and, as a result of
                           its services as AmeriNet' strategic  consultant,  has
                           become  familiar  with  the   information   disclosed
                           therein,  including  that contained in exhibits filed
                           therewith.

                  (b)      Yankees  is  fully  aware  of  the   material   risks
                           associated  with becoming an investor in AmeriNet and
                           confirms  that it was  previously  informed  that all
                           documents,  records  and  books  pertaining  to  this
                           investment have been available from AmeriNet and that
                           all documents,  records and books  pertaining to this
                           transaction  requested by it have been made available
                           to it;

         (4)      Yankees has had an opportunity to ask questions of and receive
                  answers from the officers of AmeriNet concerning the terms and
                  conditions of this Agreement and the transactions contemplated
                  hereby,  as  well  as the  affairs  of  AmeriNet  and  related
                  matters;

         (5)      Yankees   has  had  an   opportunity   to  obtain   additional
                  information   necessary   to  verify  the   accuracy   of  the
                  information referred to in subparagraphs (a), (b), (c) and (d)
                  hereof,  as  well  as to  supplement  the  information  in the
                  Exchange Act Reports;

         (6)      Yankees has  represented  to AmeriNet  that it has the general
                  ability to bear the risks of the subject  transaction and that
                  it is a suitable  investor for a private  offering and Yankees
                  hereby  affirms  the   correctness  of  such   information  to
                  AmeriNet,  including,  without limitation, the representations
                  in the form of the investment letter annexed hereto and made a
                  part hereof as exhibit 3(D)(6);

         (7)      Yankees acknowledges and is aware that:

                  (a)      The AmeriNet Stock is a speculative  investment  with
                           no assurance that AmeriNet will be successful,  or if
                           successful, that such success will result in payments
                           to Yankees  or to  realization  of  capital  gains by
                           Yankees on disposition of the AmeriNet Stock; and

                  (b)      The  AmeriNet  Stock to be  issued to it has not been
                           registered  under  the  Securities  Act or under  any
                           state securities laws,  accordingly  Yankees may have
                           to  hold  such  common  stock  and may not be able to
                           liquidate,  pledge,  hypothecate,  assign or transfer
                           it;

         (8)      Yankees has obtained its own opinion from its legal counsel to
                  the  effect  that  after an  examination  of the  transactions
                  associated herewith and the applicable law, no action needs to
                  be taken by either  Yankees or  AmeriNet in  conjunction  with
                  this  Agreement  and the  issuance  of the  AmeriNet  Stock in
                  conjunction therewith, other than such actions as have already
                  been  taken  in  order  to  comply  with  the  securities  law
                  requirements of Yankees' state of domicile, including the safe
                  harbor  provided  in  conjunction  with  compliance  with  the
                  Florida Rule; and

         (9)      (a)      The certificates  for  the  AmeriNet  Stock will bear
                           restrictive  legends and  AmeriNet's  transfer  agent
                           will  be  instructed  not  to  transfer  the  subject
                           securities unless they have been

                                      158
<PAGE>

                           registered  pursuant  to Section 6 of the  Securities
                           Act or an opinion of counsel to Yankees  satisfactory
                           to legal counsel to AmeriNet and AmeriNet's president
                           has been  provided,  to the effect that the  proposed
                           transaction is exempt from registration  requirements
                           imposed by the  Securities  Act, the Exchange Act and
                           any applicable state or foreign laws.

                  (b)      The legend  shall read as  follows:  "The  securities
                           represented by this  certificate  were issued without
                           registration  under the  Securities  Act of 1933,  as
                           amended,  or comparable state laws in reliance on the
                           provisions   of  Section   4(6)  of  such  act,   and
                           comparable state law provisions. These securities may
                           not be  transferred  pledged or  hypothecated  unless
                           they are first registered  under applicable  federal,
                           state  or  foreign  laws,  or  the   transaction   is
                           demonstrated  to be exempt from such  requirements to
                           AmeriNet's satisfaction."

(D)      AmeriNet  hereby  confirms that the  transaction  effected hereby in no
         manner impairs Yankees' rights under its current stock purchase warrant
         entitling  it to acquire  12.5% of  Yankees  outstanding  and  reserved
         capital  stock (the  "Yankees'  Warrant"),  as  determined  immediately
         following  complete  exercise of the  Yankees'  Warrant,  and that this
         conversion is separate from and independent of Yankees rights under the
         Yankees' Warrant.

                                   Article III
                               General Provisions

3.1      Interpretation.

(A)      When a reference  is made in this  Agreement  to Schedules or Exhibits,
         such  reference  shall be to a Schedule  or  Exhibit to this  Agreement
         unless otherwise indicated.

(B)      The words "include,"  "includes" and "including" when used herein shall
         be  deemed  in  each  case  to  be  followed  by  the  words   "without
         limitation."

(C)      The headings  contained in this  Agreement are for  reference  purposes
         only and shall not affect in any way the meaning or  interpretation  of
         this Agreement.

(D)      The captions in this Agreement are for  convenience  and reference only
         and in no way  define,  describe,  extend  or limit  the  scope of this
         Agreement or the intent of any provisions hereof.

(E)      All pronouns and any variations thereof shall be deemed to refer to the
         masculine, feminine, neuter, singular or plural, as the identity of the
         Party or Parties,  or their  personal  representatives,  successors and
         assigns may require.

(F)      The Parties agree that they have been represented by counsel during the
         negotiation and execution of this Agreement and,  therefore,  waive the
         application  of any law,  regulation,  holding or rule of  construction
         providing  that  ambiguities  in an agreement or other document will be
         construed against the party drafting such agreement or document.

3.2      Notice.

(A)      All notices,  demands or other  communications given hereunder shall be
         in  writing  and shall be  deemed to have been duly  given on the first
         business day after  mailing by United  States  registered  or certified
         mail, return receipt requested, postage prepaid, addressed as follows:

         (1)      To AmeriNet:

                            AmeriNet Group.com, Inc.
        Crystal Corporate Center; 2500 North Military Trail, Suite 225-C;
                           Boca Raton, Florida 33431
                   Attention: Lawrence R. Van Etten, President
               Telephone (561) 998-3435, Fax (561) 998-3425; and,
                        e-mail larry@amerinetgroup.com;

                                      159
<PAGE>

         (2)      Yankees:

                           The Yankee Companies, Inc.
        Crystal Corporate Center; 2500 North Military Trail, Suite 225-A;
                           Boca Raton, Florida 33431
                   Attention: Leonard Miles Tucker, President
Telephone (561) 998-2025, Fax (561) 998-3425; and, e-mail carrington@flinet.com;
                                 with a copy to

                          Office of the General Counsel
                           The Yankee Companies, Inc.
                   1941 Southeast 51st Terrace; Ocala, Florida
            34471 Telephone (352) 694-9182, Fax (352) 694-1325; and,
                         e-mail, tyclegal@atlantic.net.

         or such  other  address  or to such  other  person as any  Party  shall
         designate to the other for such purpose in the manner  hereinafter  set
         forth.

(B)      At the request of any Party,  notice will also be provided by overnight
         delivery,   facsimile   transmission  or  e-  mail,   provided  that  a
         transmission receipt is retained.

(C)      (1)      The Parties  acknowledge  that  Yankees  serves as a strategic
                  consultant  to  AmeriNet  and has acted as  scrivener  for the
                  Parties in this  transaction but that Yankees is neither a law
                  firm nor an agency subject to any  professional  regulation or
                  oversight.

         (2)      Yankees has advised AmeriNet to retain  independent  legal and
                  accounting  counsel to review this  Agreement and its exhibits
                  and incorporated materials on their behalf.

         (3)      The  decision  by any Party not to use the  services  of legal
                  counsel in conjunction with this  transaction  shall be solely
                  at their own risk,  each Party  acknowledging  that applicable
                  rules of the Florida Bar prevent Yankees' general counsel, who
                  has reviewed,  approved and caused  modifications on behalf of
                  Yankees,  from representing  anyone other than Yankees in this
                  transaction.

3.3      Merger of All Prior Agreements Herein.

(A)      This  instrument,  together  with the  instruments  referred to herein,
         contains all of the  understandings  and agreements of the Parties with
         respect to the subject matter discussed herein.

(B)      All prior agreements  whether  written  or  oral  are merged herein and
         shall be of no force or effect.

3.4      Survival.

         The several  representations,  warranties  and covenants of the Parties
contained herein shall survive the execution hereof and the  Reorganization  and
shall be effective  regardless of any  investigation  that may have been made or
may be made by or on behalf of any Party.

3.5      Severability.

         If any  provision or any portion of any  provision  of this  Agreement,
other than one of the conditions precedent or subsequent,  or the application of
such  provision or any portion  thereof to any person or  circumstance  shall be
held invalid or unenforceable,  the remaining portions of such provision and the
remaining  provisions of this Agreement or the  application of such provision or
portion of such  provision  as is held  invalid or  unenforceable  to persons or
circumstances  other  than those to which it is held  invalid or  unenforceable,
shall not be affected thereby.

3.6      Governing Law.

         This Agreement  shall be construed in accordance  with the  substantive
and  procedural  laws of the  State of  Florida  (other  than  those  regulating
taxation and choice of law).

                                      160
<PAGE>

3.7      Indemnification.

(A)      Each Party hereby  irrevocably  agrees to indemnify  and hold the other
         Parties  harmless from any and all liabilities  and damages  (including
         legal or other expenses incidental  thereto),  contingent,  current, or
         inchoate  to which  they or any one of them  may  become  subject  as a
         direct,  indirect  or  incidental  consequence  of  any  action  by the
         indemnifying   Party  or  as  a  consequence  of  the  failure  of  the
         indemnifying  Party to act,  whether  pursuant to  requirements of this
         Agreement or otherwise.

(B)      In the event it becomes  necessary to enforce this indemnity through an
         attorney,  with or without  litigation,  the successful  Party shall be
         entitled to recover from the  indemnifying  Party,  all costs  incurred
         including  reasonable  attorneys'  fees  throughout  any  negotiations,
         trials or appeals, whether or not any suit is instituted.

3.8      Dispute Resolution.

(A)      In any action  between  the Parties to enforce any of the terms of this
         Agreement  or  any  other  matter   arising  from  this  Agreement  any
         proceedings   pertaining  directly  or  indirectly  to  the  rights  or
         obligations  of the  Parties  hereunder  shall,  to the extent  legally
         permitted, be held in Broward County, Florida, and the prevailing Party
         shall  be  entitled  to  recover  its  costs  and  expenses,  including
         reasonable attorneys' fees up to and including all negotiations, trials
         and appeals, whether or not any formal proceedings are initiated.

(B)      In the  event of any  dispute  arising  under  this  Agreement,  or the
         negotiation  thereof or inducements  to enter into the  Agreement,  the
         dispute shall,  at the request of any Party,  be  exclusively  resolved
         through the following procedures:

         (1)      (a)      First, the  issue  shall  be  submitted  to mediation
                           before a mediation service in Broward County, Florida
                           to be selected  by  lot  from four alternatives to be
                           provided, two by Yankees and two by AmeriNet; and

                  (b)      The mediation  efforts shall be concluded  within ten
                           business  days  after  their  initiation  unless  the
                           Parties  unanimously  agree to an extended  mediation
                           period;

         (2)      In the event that  mediation  does not lead to a resolution of
                  the  dispute  then at the  request of any Party,  the  Parties
                  shall  submit the  dispute to  binding  arbitration  before an
                  arbitration  service located in Broward County,  Florida to be
                  selected by lot, from four alternatives to be provided, two by
                  Yankees and two by AmeriNet.

         (3)      (a)      Expenses  of  mediation shall be borne equally by the
                           Parties, if successful.

                  (b)      Expenses  of  mediation,   if  unsuccessful   and  of
                           arbitration  shall be borne by the  Party or  Parties
                           against whom the arbitration decision is rendered.

                  (c)      If the terms of the arbitral award do not establish a
                           prevailing  Party,  then the expenses of unsuccessful
                           mediation and  arbitration  shall be borne equally by
                           the Parties involved.

3.9      Benefit of Agreement.

         The terms and  provisions of this  Agreement  shall be binding upon and
inure  to the  benefit  of the  Parties,  their  successors,  assigns,  personal
representatives,  estate, heirs and legatees but are not intended to confer upon
any other person any rights or remedies hereunder.

3.10     Further Assurances.

         The Parties agree to do,  execute,  acknowledge and deliver or cause to
be done,  executed,  acknowledged  or delivered and to perform all such acts and
deliver all such deeds, assignments, transfers, conveyances, powers of attorney,
assurances,  stock certificates and other documents,  as may, from time to time,
be required herein to effect the intent and purpose of this Agreement.

                                      161
<PAGE>

3.11     Counterparts.

(A)      This Agreement may be executed in any number of counterparts.

(B)      All   executed    counterparts    shall    constitute   one   Agreement
         notwithstanding  that  all  signatories  are  not  signatories  to  the
         original or the same counterpart.

(C)      Execution by exchange of facsimile transmission shall be deemed legally
         sufficient  to bind the  signatory;  however,  the Parties  shall,  for
         aesthetic  purposes,  prepare a fully executed original version of this
         Agreement  which shall be the  document  filed with the  Commission  in
         conjunction with the contemplated  filing of AmeriNet' Form 10-SB under
         the Exchange Act.

3.12     License.

(A)      This  form of  agreement  is the  property  of  Yankees  and  has  been
         customized for this transaction with the consent of Yankees.

(B)      The use of this form of agreement by the  Parties is authorized  hereby
         solely for purposes of this transaction.

(C)      The use of this form of agreement or of any derivation  thereof without
         Yankees' prior written permission is prohibited.

     In Witness  Whereof,  AmeriNet and Yankees have caused this Agreement to be
executed by themselves or their duly authorized  respective officers,  all as of
the last date set forth below:

Signed, sealed and delivered
         In Our Presence:
                                                        AmeriNet Group.com, Inc.
_________________________________                       (A Delaware corporation)

_________________________________            By:      /s/ Lawrence R. Van Etten
                                                Lawrence R. Van Etten, President

         (Corporate Seal)
                                              Attest:  /s/ Vanessa H. Lindsey
                                                   Vanessa H. Lindsey, Secretary
Dated:   June 30, 2000

State of Florida           }
County of Palm Beach       } ss.:

         On this 30th day of June,  2000,  before me, a notary public in and for
the county and state aforesaid,  personally  appeared  Lawrence R. Van Etten and
Vanessa  H.  Lindsey,  to me  known,  and  known to me to be the  president  and
secretary of AmeriNet Group.com, Inc., the above-described  corporation,  and to
me  known  to  be  the  persons  who  executed  the  foregoing  instrument,  and
acknowledged  the execution  thereof to be their free act and deed, and the free
act and deed of AmeriNet  Group.com,  Inc.,  for the uses and  purposes  therein
mentioned.

         In witness whereof, I have hereunto set my hand and affixed my notarial
seal the day and year in this  certificate  first above  written.  My commission
expires the ___day of ______________, ____.

         {Seal}
                                          --------------------------------
                                                       Notary Public

                                      162

<PAGE>

                                                  The Yankee Companies, Inc.
_________________________________                   (a Florida corporation)

_________________________________             By:      /s/ Leonard M. Tucker
                                                Leonard Miles Tucker, President

         (Corporate Seal)
                                              Attest: /s/ Vanessa H. Lindsey
                                                 Vanessa H. Lindsey,  Secretary
Dated:   June 30, 2000

State of Florida           }
County of Palm Beach       } ss.:

         On this 30th day of June,  2000,  before me, a notary public in and for
the county and state  aforesaid,  personally  appeared  Leonard Miles Tucker and
Vanessa  H.  Lindsey,  to me  known,  and  known to me to be the  president  and
secretary of The Yankee Companies, Inc., the above-described corporation, and to
me  known  to  be  the  persons  who  executed  the  foregoing  instrument,  and
acknowledged  the execution  thereof to be their free act and deed, and the free
act and deed of The Yankee  Companies,  Inc., for the uses and purposes  therein
mentioned.

         In witness whereof, I have hereunto set my hand and affixed my notarial
seal the day and year in this  certificate  first above  written.  My commission
expires the ___day of _______________, ____.

         (Seal)
                                       ----------------------------
                                                Notary Public

                                      163
<PAGE>

                                 Exhibit 3(D)(6)
                           Yankees' Investment Letter

June 30, 2000

Lawrence R. Van Etten
President
AmeriNet Group.com, Inc.
Crystal Corporate Center
2500 North Military Trail, Suite 225-C
Boca Raton, Florida 33431

         Re.:     Conversion of AmeriNet's Obligations for AmeriNet's Securities

Dear Sir:

         I hereby certify and warrant that the Yankee Companies, Inc., a Florida
corporation  for which I serve as  president,  is  relinquishing  all  rights to
repayment  of  $98,500,  together  with  accrued  interest,  owed to  Yankees by
AmeriNet,  Inc., a Delaware  corporation  ("AmeriNet") in consideration  for the
issuance to Yankees of 788,000 shares of AmeriNet's  Common Stock (the "AmeriNet
Stock,").  I hereby  certify  under  penalty of perjury that upon receipt of the
AmeriNet Stock,  Yankees will be acquiring it for its own account for investment
purposes  without  any  intention  of  selling or  distributing  all or any part
thereof, except in the form of permissible distributions to its stockholders.  I
represent and warrant that Yankees qualifies as an accredited  investor (as that
term is defined in Rule 501(a) of  Regulation D promulgated  under  authority of
the  Securities Act of 1933, as amended [the  "Securities  Act"]) and that I, on
Yankees behalf,  am  sophisticated in financial  affairs,  or have relied on the
advice of someone  sophisticated  in financial  affairs,  and Yankees is able to
bear the  economic  risks of this  investment  and I do not have any  reason  to
anticipate any change in Yankees' circumstances, financial or otherwise, nor any
other  particular  occasion  or event  which  should  cause  Yankees  to sell or
distribute,  or necessitate or require its sale or  distribution of the AmeriNet
Stock.  No one  other  than  Yankees  and its  stockholders  has any  beneficial
interest in the AmeriNet Stock.

         I further  certify that I have  consulted  with Yankees'  legal counsel
who, after having been apprized by me of all the material facts surrounding this
transaction,  opined  to  Yankees,  for  the  benefit  of  AmeriNet,  that  this
transaction was being effected in full compliance with the applicable securities
laws of Yankees'  state of  domicile,  based on the  exemption  provided by Rule
3E-500.005  promulgated under authority of Section 517.061(11) of the Securities
Act of Florida.

         I agree that  Yankees  will in no event sell or  distribute  any of the
AmeriNet Stock unless in the opinion of AmeriNet's  counsel (based on an opinion
of Yankees'  legal  counsel)  the  AmeriNet  Stock may be legally  sold  without
registration  under  the  Securities  Act,  and/or   registration  and/or  other
qualification  under  then-applicable  State  and/or  Federal  statutes,  or the
AmeriNet Stock shall have been so registered and/or qualified and an appropriate
prospectus, shall then be in effect.

                                      164
<PAGE>

         I am fully aware that the AmeriNet Stock is being offered and issued by
AmeriNet to Yankees in reliance on the exemption provided by Section 4(6) or the
Securities  Act which  exempts  the sale of  securities  by an issuer  solely to
accredited  investors,  based on my  certifications  and warranties on behalf of
Yankees.

         In  connection  with  the  foregoing,  Yankees  consents  to  AmeriNet'
legending Yankees' certificates  representing the AmeriNet Stock to indicate its
investment  intent and the  restriction on transfer  contemplated  hereby and to
AmeriNet  placing  a  "stop  transfer"  order  against  the  AmeriNet  Stock  in
AmeriNet's securities transfer books until the conditions set forth herein shall
have been met.

         I  acknowledge  by my  execution  hereof that Yankees has had access to
AmeriNet's  Exchange  Act  Reports,  books,  records  and  properties,  and have
inspected  the  same to my full and  complete  satisfaction  prior  to  Yankees'
acquisition  of the AmeriNet  Stock.  I represent and warrant that because of my
experience  in business  and  investments,  I am  competent  to make an informed
investment  decision  with  respect  thereto  on the basis of my  inspection  of
AmeriNet's records and my questioning of AmeriNet's officers.

         I further certify that Yankees'  domicile is located at the address set
forth in the Agreement.

                                Very truly yours,

                           The Yankee Companies, Inc.

                                /s/ Leonard M. Tucker
                              Leonard Miles Tucker
                                    President

                                      165EXHIBIT 4.1

              THIS WARRANT HAS NOT BEEN  REGISTERED  UNDER THE SECURITIES ACT OF
         1933, AS AMENDED,  AND SUCH MAY NOT BE SOLD,  PLEDGED,  HYPOTHECATED OR
         OTHERWISE  TRANSFERRED  UNLESS  THERE IS A  REGISTRATION  STATEMENT  IN
         EFFECT  COVERING  THIS WARRANT OR THERE IS AVAILABLE AN EXEMPTION  FROM
         THE  REGISTRATION  REQUIREMENTS  OF  THE  SECURITIES  ACT OF  1933,  AS
         AMENDED.

                        WARRANT TO PURCHASE COMMON UNITS

Date of Issuance: August ___, 2000                           Certificate No. W-1

                  FOR VALUE RECEIVED, Micrografx, Inc., a Texas corporation (the
"COMPANY"),  hereby grants to Prentiss  Properties Trust, a Maryland real estate
investment  trust  ("PRENTISS"),  or its  registered  assigns  (the  "REGISTERED
Holder") the right to purchase from the Company one hundred  thousand  (100,000)
shares of common stock,  par value $0.01 per share,  of the Company (the "COMMON
STOCK") at an exercise  price of $1.03 per share,  all as set forth in SECTION 1
hereof.  The  number  of  shares  purchasable  upon  exercise  of  this  warrant
("WARRANT")  and the  exercise  price are subject to  adjustment  as provided in
SECTION  2  hereof.  This  Warrant  is issued  by the  Company  pursuant  to the
Termination of Lease and Release Agreement, dated of even date herewith, between
the Company and  Prentiss  (the  "AGREEMENT").  Certain  capitalized  terms used
herein are defined in SECTION 3 hereof.

                  This Warrant is subject to the following provisions:

Section 1.        EXERCISE OF WARRANT.

                  1A. EXERCISE PERIOD.  The Registered  Holder may exercise,  in
whole or in part, the purchase rights  represented by this Warrant,  at any time
and from  time to time  commencing  on the Date of  Issuance  and  shall  remain
exercisable until 5:00 p.m., Texas time, on the seventh  anniversary of the Date
of  Issuance  or,  if such day is not a  Business  Day,  on the  next  preceding
Business Day (the "EXERCISE PERIOD").

                  1B.  PURCHASE  OF  COMMON  STOCK.  Subject  to the  terms  and
conditions hereinafter set forth and set forth in the Agreement,  the Registered
Holder is  entitled,  upon  receipt  by the  Company of the items  specified  in
SECTION 1D hereof,  to  purchase  from the  Company up to one  hundred  thousand
(100,000)  shares of Common Stock. The number of shares of Common Stock issuable
pursuant  to this  SECTION 1B are  subject to  adjustment  pursuant to SECTION 2
hereof (such number of shares of Common Stock, as adjusted from time to time, is
herein referred to as the "PURCHASABLE COMMON STOCK").

                  1C.  EXERCISE  PRICE.  The purchase price for the Common
Stock upon exercise of this Warrant shall be $1.03 per share.  Such price shall
be subject to  adjustment  pursuant to SECTION 2 hereof  (such price,  as
adjusted  from time to time, is herein referred to as the "EXERCISE PRICE").

                  1D.  EXERCISE PROCEDURE.

                           (i)  CASH  EXERCISE.  This Warrant shall be deemed to
  have been  exercised  when the Company has received all of the following items
(the "EXERCISE TIME"):

                                    (a)     a completed Exercise  Agreement,  as
         described in paragraph 1E below,  executed by the Person exercising all
         or part of the purchase rights represented by this Warrant
         (the "PURCHASER");

                                    (b)     this Warrant;

<PAGE>

                                    (c)     if this Warrant is not registered in
         the name of the  Purchaser,  an Assignment or Assignments in the form
         set forth in EXHIBIT A hereto evidencing the assignment  of  this
         Warrant  to the  Purchaser,  in  which  case  the Registered  Holder
         shall have complied with the provisions set forth in SECTION 6 hereof;
         and

                                    (d)     a check  payable  to the  Company
         in an  amount  equal to the  product  of the Exercise Price multiplied
         by the number of shares of Common Stock being purchase upon such
         exercise (the "AGGREGATE EXERCISE PRICE").

                           (ii)     NET  ISSUANCE.  In lieu of  exercising  thiS
Warrant  pursuant to SECTION  1D(I),  the Purchaser  may elect to receive,
without the payment by such  Purchaser  of any additional  consideration,
shares  of Common  Stock  equal to the value of thisWarrant (or the portion
thereof being canceled) by surrender of this Warrant at the principal office of
the Company together with notice of such election on the Exercise  Agreement,
in which  event the Company  shall issue to the  Purchaser hereof a number of
shares of Common Stock computed using the following formula:

                                                  (A - B)
                                          X = ____________  *  Y

                                                     A

                  Where:        X =   The number of shares of Common Stock
                                      to be issued to the Purchaser pursuant to
                                      this net exercise;
                                Y =   The  number  of  shares  of  Common  Stock
                                      in  respect  of which  the net issue
                                      election is made
                                A =   The Fair  Market  Value of one share of
                                      Common  Stock at the time the net issue
                                      election is made;
                                B =   The  Exercise  Price (as adjusted to the
                                      date of the net issuance).

                           (iii)    Certificates  for the shares of Common Stock
purchased  upon  exercise of this Warrant shall be delivered by the Company to
the Purchaser within ten (10) Business Days after the date of the Exercise Time.
Unless this Warrant has expired or all of the purchase rights  represented
hereby have been exercised,  the Company shall prepare a new Warrant,
substantially identical hereto,  representing the rights formerly  represented
by this Warrant which have not expired or been  exercised and shall  within
such ten (10) day  period,  deliver  such new  Warrant to the Person designated
for delivery in the Exercise Agreement.

                           (iv)     The shares of Common Stock  issuable
upon the exercise of this Warrant shall be deemed to have been issued to the
Purchaser at the Exercise  Time,  and the  Purchaser shall be deemed for all
purposes to have become the record holder of such shares of Common Stock at the
Exercise Time.

                           (v)      The  issuance  of  certificates  for the
shares of Common  Stock upon  exercise of this Warrant shall be made without
charge to the Registered  Holder or the Purchaser. Each share of Common Stock
issuable  upon  exercise of this Warrant  shall upon payment of the Exercise
Price therefor be fully paid and  nonassessable and free from all liens and
charges with respect to the issuance thereof other than state and federal
securities laws restrictions.

                           (vi)     The Company  shall not close its books
against the  transfer of this Warrant or of any share of Common  Stock  issued
or issuable  upon the exercise of this Warrant in any manner which interferes
with the timely exercise of this Warrant.

<PAGE>

                           (vii)    Notwithstanding  any other  provision
hereof,  if an exercise of all or any portion of this Warrant is to be made in
connection with a registered  public  offering,  a sale of the  Company or any
transaction  or event,  such  exercise  may, at the election of the Registered
Holder hereof,  be conditioned upon the consummation of such  transaction or
event in which case such exercise shall not be deemed to be effective until the
consummation of such transaction or event.

                           (viii)   The Company shall at all times reserve and
keep  available  out of its  authorized  but unissued  shares of Common  Stock
solely for the purpose of  issuance  upon the exercise of the  Warrants,  such
number of shares of Common Stock  issuable upon the exercise of all outstanding
Warrants.  All shares of Common Stock which are so issuable  shall,  when
issued,  be duly and validly  issued,  fully paid and nonassessable and free
from all taxes,  liens and charges,  other than state and federal securities
laws restrictions. The Company shall take all such actions as may be  necessary
to assure  that all  shares of Common  Stock may be so issued without  violation
of any  applicable  law or  governmental  regulation  or any requirements of any
domestic securities exchange upon which the shares of Common Stock may be listed
(except  for  official  notice of  issuance  which shall be immediately
delivered by the Company upon each such issuance). The Company shall
not take any action  which would  cause the number of  authorized  but  unissued
shares of Common Stock to be less than the number of such shares  required to be
reserved hereunder for issuance upon exercise of the Warrants.

                  1E. EXERCISE AGREEMENT. Upon any exercise of this Warrant, the
Exercise  Agreement  shall be  substantially  in the form set forth in EXHIBIT B
hereto,  except  that if the shares of Common  Stock are not to be issued in the
name of the  Person in whose  name  this  Warrant  is  registered  the  Exercise
Agreement shall also state the name of the Person to whom the  certificates  for
the  shares of Common  Stock  are to be  issued  and if the  number of shares of
Common Stock to be issued does not include all the Purchasable  Common Stock, it
shall  also  state  the  name  of the  Person  to  whom a new  Warrant  for  the
unexercised  portion of the rights  hereunder is to be delivered.  Such Exercise
Agreement shall be dated the actual date of execution thereof.

                  1F.  FRACTIONAL  STOCK. If a fractional  share of Common Stock
would be issuable upon exercise of the rights  represented by this Warrant,  the
Company may, at its option,  within ten (10) Business Days after the date of the
Exercise Time, deliver to the Purchaser a check payable to the Purchaser in lieu
of such  fractional  share in an amount  equal to the  difference  between  Fair
Market Value of such  fractional  share as of the date of the Exercise  Time and
the Exercise Price of such fractional share.

                  Section 2. ADJUSTMENT OF EXERCISE PRICE AND PURCHASABLE COMMON
STOCK.  In order to prevent  dilution of the rights  granted under this Warrant,
the Exercise Price shall be subject to adjustment  from time to time as provided
in this  SECTION  2,  and the  Purchasable  Common  Stock  shall be  subject  to
adjustment from time to time as provided in this SECTION 2.

                  2A. SUBDIVISION OR COMBINATION OF COMMON STOCK. If the Company
at any time subdivides (by any stock split, stock dividend.  recapitalization or
otherwise)  one or more classes of its  outstanding  Common Stock into a greater
number  of  shares,  the  Exercise  Price in  effect  immediately  prior to such
subdivision shall be  proportionately  reduced and the Purchasable  Common Stock
shall be  proportionately  increased.  If the Company at any time  combines  (by
reverse stock split or otherwise) one or more classes of its outstanding  Common
Stock into a smaller number of shares,  the Exercise Price in effect immediately
prior to such combination shall be proportionately increased and the Purchasable
Common Stock shall be proportionately decreased.

<PAGE>

                  2B. REORGANIZATION, RECLASSIFICATION, CONSOLIDATION, MERGER OR
SALE. Any  recapitalization,  reorganization,  reclassification,  consolidation,
merger,  sale of all or  substantially  all of the  Company's  assets  or  other
transaction,  in each case which is  effected  in such a way that the holders of
Common  Stock are  entitled  to  receive  (either  directly  or upon  subsequent
liquidation)  stock,  securities  or assets with  respect to or in exchange  for
Common  Stock  is  referred  to  herein  as  "ORGANIC  CHANGE".   Prior  to  the
consummation  of  any  Organic  Change,   the  Company  shall  make  appropriate
provision,  in the sole and reasonable  discretion of the Board,  to insure that
each of the Registered  Holders of the Warrants shall  thereafter have the right
to acquire  and  receive,  in lieu of or in addition to (as the case may be) the
shares of Common Stock  immediately  theretofore  acquirable and receivable upon
the exercise of such holder's Warrant, such shares of stock, securities, cash or
other  assets as may be issued or payable with respect to or in exchange for the
number  of  shares  of  Common  Stock  immediately  theretofore  acquirable  and
receivable  upon exercise of such holder's  Warrant had such Organic  Change not
taken place. In any such case, the Company shall make appropriate provision,  in
the sole and reasonable  discretion of the Board,  with respect to such holders'
rights and  interests  to insure  that the  provisions  of this  SECTION 2 shall
thereafter be applicable to the Warrants (including, (i) in the case of any such
consolidation, merger or sale in which the successor entity or purchasing entity
is other than the Company, an immediate  adjustment of the Exercise Price to the
value for the Common Stock reflected by the terms of such consolidation,  merger
or sale, and a  corresponding  immediate  adjustment in the  Purchasable  Common
Stock,  if the  value so  reflected  is less than the  Exercise  Price in effect
immediately  prior to such  consolidation,  merger or sale or (ii) canceling the
Warrant in exchange for  replacement  warrants or cash).  The Company  shall not
effect any such consolidation,  merger or sale, unless prior to the consummation
thereof,  the  successor  entity  (if other  than the  Company)  resulting  from
consolidation or merger or the entity  purchasing such assets assumes by written
instrument,  in the sole and reasonable  discretion of the Board, the obligation
to deliver to each such holder such shares of stock,  securities,  cash or other
assets as, in  accordance  with the  foregoing  provisions,  such  holder may be
entitled to acquire.

                  2C. ADJUSTMENTS FOR DIVIDENDS OR OTHER SECURITIES OR PROPERTY.
If while this Warrant, or any portion hereof,  remains outstanding and unexpired
the holders of the  securities  as to which  purchase  rights under this Warrant
exist at the time shall have received, or, on or after the record date fixed for
the determination of eligible holders of membership interests, shall have become
entitled to receive,  without payment  therefor,  other or additional  shares of
Common Stock or other securities or property (other than cash) of the Company by
way of dividend,  liquidation of otherwise,  then and in each case, this Warrant
shall  represent the right to acquire,  in addition to the number of Purchasable
Common Stock  receivable  upon exercise of this Warrant,  and without payment of
any additional  consideration  therefor,  the amount of such other or additional
shares or other  securities  or property  (other than cash) of the Company  that
such holder  would hold on the date of such  exercise  had it been the holder of
record of the  security  receivable  upon  exercise of this  Warrant on the date
hereof  and had  thereafter,  during  the  period  from the date  hereof  to and
including  the date of such  exercise,  retained  such  shares  and/or all other
additional shares available by it as aforesaid during such period, giving effect
to all  adjustments  called for during  such  period by the  provisions  of this
SECTION 2.

                  2D.  CERTAIN   EVENTS.   If  any  event  occurs  of  the  type
contemplated by the provisions of this SECTION 2 but not expressly  provided for
by such provisions,  then the Board shall make an appropriate  adjustment in the
Exercise  Price and in accordance  with the essential  intents and principles of
the  provisions  of this  SECTION 2, so as to protect and preserve the rights of
the Registered Holders.

                  2E.      NOTICES.

                  (i)      Promptly upon any  adjustment of the Exercise  Price,
                           the Company shall give written  notice thereof to the
                           Registered Holder, setting forth in reasonable detail
                           and certifying the calculation of such adjustment.

                  (ii)     The  Company   shall  give  written   notice  to  the
                           Registered Holder at least ten (10) days prior to the
                           date on which the Company closes its books or takes a
                           record   (A)  with   respect  to  any   dividend   or
                           distribution  upon the Common Stock, (B) with respect
                           to any pro  rata  subscription  offer to  holders  of
                           Common  Stock or (C) for  determining  rights to vote
                           with respect to any Organic  Change,  dissolution  or
                           liquidation.

<PAGE>

                  (iii)    The  Company  shall also give  written  notice to the
                           Registered  Holders  at least ten (10) days  prior to
                           the date on which any Organic Change,  dissolution or
                           liquidation shall take place.

                  Section 3.  DEFINITIONS. The following terms have meanings set
forth below:

                  "BOARD" means the board of directors of the Company.

                  "BUSINESS  DAY" means any day other than a Saturday,  a Sunday
or a day on which banks in Dallas,  Texas are  authorized or obligated by law or
executive order to close.

                  "COMMON  STOCK" has the meaning set forth in the  introductory
paragraph of this Warrant.

                  "EXERCISE  PRICE" has the  meaning  set forth in SECTION 1B of
this Warrant.

                  "FAIR  MARKET  VALUE"  means as to any security the average of
the closing prices of such security's sales on all domestic securities exchanges
on which  such  security  may at the time be  listed,  or, if there have been no
sales on any such exchange on any day, the average of the highest bid and lowest
asked  prices on all such  exchanges  at the end of such day,  or, if on any day
such security is not so listed,  the average of the representative bid and asked
prices quoted in the Nasdaq Stock Market System as of 4:00 P.M.,  New York time,
on such day,  or, if on any day such  security is not quoted in the Nasdaq Stock
Market  System,  the average of the highest bid and lowest  asked prices on such
day in  the  domestic  over-the-counter  market  as  reported  by  the  National
Quotation Bureau, Incorporated,  or any similar successor organization,  in each
such case averaged over a period of twenty-one  (21) days  consisting of the day
as of  which  "Fair  Market  Value"  is being  determined  and the  twenty  (20)
consecutive Business Days prior to such day. If at any time such security is not
listed on any domestic  securities exchange or quoted in the Nasdaq Stock Market
System or the domestic over-the-counter market, the "Fair Market Value" shall be
the fair value thereof  determined by the managing members of the Company in its
sole and reasonable good faith judgment.

                  "PERSON" means an individual, a partnership,  a joint venture,
a  corporation,   a  limited  liability  company,  a  trust,  an  unincorporated
organization and a government or any department or agency thereof.

                  Section 4. NOTICE OF MEETINGS;  LIMITATIONS OF LIABILITY.  The
Registered  Holders of the Warrants  shall be entitled to notice of all meetings
of  stockholders  of the Company in  accordance  with the Company's  bylaws.  No
provision hereof, in the absence of affirmative  action by the Registered Holder
to purchase Common Stock, and no enumeration  herein of the rights or privileges
of the  Registered  Holder shall give rise to any  liability of such  Registered
Holder for the Exercise Price  acquirable by exercise hereof or as a stockholder
of the Company.

                  Section  5.  WARRANT  TRANSFERABLE.  Subject  to the  transfer
conditions  referred  to in the legend  endorsed  hereon,  this  Warrant and all
rights hereunder are  transferable,  in whole or in part,  without charge to the
Registered  Holder,  upon  surrender of this  Warrant  with a properly  executed
Assignment  (in the form of  EXHIBIT A hereto)  at the  principal  office of the
Company.  Such  transfer  shall be recorded on the books of the Company.  In the
event of a partial transfer,  the Company shall issue to the holders one or more
appropriate new warrants.

<PAGE>

                  Section 6. WARRANT  EXCHANGEABLE FOR DIFFERENT  DENOMINATIONS.
This Warrant is exchangeable, upon the surrender hereof by the Registered Holder
at the  principal  office  of the  Company,  for  new  Warrants  of  like  tenor
representing  in the aggregate the purchase rights  hereunder,  and each of such
new Warrants shall represent such portion of such rights as is designated by the
Registered Holder at the time of such surrender.  The date the Company initially
issues  this  Warrant  shall  be  deemed  to be the  "DATE OF  ISSUANCE"  hereof
regardless of the number of times new  certificates  representing  the unexpired
and unexercised rights formerly represented by this Warrant shall be issued. All
Warrants representing portions of the rights hereunder are referred to herein as
the "WARRANTS."

                  Section 7.  REPLACEMENT.  Upon receipt of evidence  reasonably
satisfactory  to the Company (an  affidavit  of the  Registered  Holder shall be
satisfactory) of the ownership and the loss, theft, destruction or mutilation of
any certificate evidencing this Warrant, and in the case of any such loss, theft
or  destruction,  upon  receipt  of an  unsecured  indemnity  agreement  of  the
Registered  Holder in form reasonably  satisfactory  to the Company,  or, in the
case of any such  mutilation  upon  surrender of such  certificate,  the Company
shall (at its  expense)  execute and deliver in lieu of such  certificate  a new
certificate of like kind representing the same rights  represented by such lost,
stolen,  destroyed  or  mutilated  certificate  and dated the date of such lost,
stolen, destroyed or mutilated certificate.

                  Section 8. NOTICES. All notices, requests, consents, and other
communications  under this Agreement  shall be in writing and shall be delivered
by hand or mailed by first class  certified or registered  mail,  return receipt
requested,  postage prepaid to the following  addresses or at such other address
or addresses as may have been furnished in writing:

                  If to the Company:

                  John Carradine
                  8144 Walnut Hill Lane, Suite 1050
                  Dallas, Texas  75231

                  If to Prentiss:

                  Prentiss Properties Trust
                  3890 West Northwest Hwy., Suite 400
                  Dallas, Texas 75220
                  Attention:  Kevan Dilbeck, Esq.

Any notice to any other Registered  Holder shall be to such Registered  Holder's
address  or  telecopy  as it  appears  in the  records  of the  Company  (unless
otherwise indicated in writing by any such Registered Holder).  Notices provided
in  accordance  with  this  SECTION 8 shall be deemed  delivered  upon  personal
delivery or two business days after deposit in the mail.

                  Section 9. AMENDMENT AND WAIVER.  Except as otherwise provided
herein,  the  provisions of the Warrants may be amended and the Company may take
any action herein  prohibited,  or omit to perform any act herein required to be
performed  by it, only if the Company has  obtained  the written  consent of the
Registered  Holders of  Warrants  representing  a majority  of the Common  Stock
obtainable  upon  exercise of the  Warrants;  provided,  that no such action may
change the  Exercise  Price of the  Warrants or the number of shares or class of
shares  obtainable  upon exercise of each Warrant without the written consent of
the  Registered  Holders  of  Warrants  representing  100% of the  Common  Stock
obtainable upon exercise of the Warrants.

                  Section 10.  WARRANT  REGISTER.  The Company shall maintain at
its principal  executive offices books for the registration and the registration
of transfer of Warrants. The Company may deem and treat the Registered Holder as
the absolute  owner hereof  (notwithstanding  any notation of ownership or other
writing hereon made by anyone) for all purposes and shall not be affected by any
notice to the contrary.

<PAGE>

                  Section 11.  DESCRIPTIVE  HEADINGS.  The descriptive headings
of the several Sections and paragraphs of this Warrant are inserted for
convenience only and do not constitute a part of this Warrant.

                  Section 12. GOVERNING LAW. This Agreement shall be governed by
and construed in accordance  with the laws of the State of Texas without  giving
effect to any choice of law or conflict of law provision or rule (whether of the
State of Texas or any other  jurisdiction)  that would cause the  application of
the laws of any jurisdiction other than the State of Texas.

                            [SIGNATURE PAGE FOLLOWS]

<PAGE>

         IN WITNESS  WHEREOF,  the Company has caused this  Warrant to be signed
and attested by its duly authorized  officers under its corporate seal and to be
dated the Date of Issuance hereof.

                                                     MICROGRAFX, INC.

                                                     By: /S/ JOHN M. CARRADINE
                                                       -----------------------
                                                       Name: John M. Carradine
                                                       Title:  Chief Financial
                                                                Officer:

Attest:

By:      /S/GRETA WALLACE
         ----------------
Name:    Greta Wallace

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}]]