Document:

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                                                                   EXHIBIT 10.80

                               SECURITY AGREEMENT

               This SECURITY AGREEMENT (this "Agreement"), is entered into as of
December 13, 2000, among FOOTHILL CAPITAL CORPORATION, a California corporation
("Secured Party"), FUTURELINK CORP., a Delaware corporation ("Parent") and each
of its Subsidiaries identified on the signature pages hereof (such Subsidiaries,
together with Parent, each a "Debtor" and collectively, jointly and severally,
the "Debtors").

               WHEREAS, Borrower and Secured Party are, contemporaneously
herewith, entering into the Loan Agreement;

               WHEREAS, Parent indirectly owns one hundred percent (100%) of the
issued and outstanding stock of Borrower; and

               WHEREAS, Debtors and certain other Persons identified therein
have executed that certain General Continuing Guaranty, of even date herewith,
in favor of Secured Party (the "Guaranty"), respecting certain obligations of
Borrower owing to Secured Party under the Loan Agreement;

               WHEREAS, each Debtor desires to secure its obligations under the
Subsidiary Loan Documents to which it is party by granting to Secured Party
security interests in the Collateral as set forth herein; and

               WHEREAS, each Debtor will benefit by virtue of the loan from
Secured Party to Borrower.

               NOW THEREFORE, in consideration of the premises set forth above,
the terms and conditions contained herein and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, and
each intending to be bound hereby, Secured Party and each Debtor agree as
follows:

                      1. DEFINITIONS AND CONSTRUCTION.

               1.1. Definitions. All capitalized terms used herein and not
otherwise defined herein shall have the meanings ascribed to them in the Loan
Agreement. As used in this Agreement, the following terms shall have the
following definitions:

               "Accounts" means all of each Debtor's now owned or hereafter
acquired right, title, and interest with respect to "accounts" (as that term is
defined in the Code), and any and all supporting obligations in respect thereof.

               "Agreement" means this Security Agreement and any extensions,
riders, supplements, notes, amendments, or modifications to or in connection
with this Security Agreement.

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               "Borrower" means FutureLink Europe Limited, a corporation
organized under the laws of England and Wales.

               "Collateral" means each of the following: the Accounts; Debtor's
Books; the Equipment; the General Intangibles; the Inventory; the Investment
Property; the Negotiable Collateral; any money, or other assets of each Debtor
which now or hereafter come into the possession, custody, or control of Secured
Party; and the proceeds and products, whether tangible or intangible, of any of
the foregoing, including proceeds of insurance covering any or all of the
Collateral, and any and all Accounts, Debtor's Books, Equipment, General
Intangibles, Inventory, Investment Property, Negotiable Collateral, money,
deposit accounts, or other tangible or intangible property resulting from the
sale, exchange, collection, or other disposition of any of the foregoing, or any
portion thereof or interest therein, and the proceeds thereof.

               "Debtor's Books" means each Debtor's now owned or hereafter
acquired books and records (including all of its Records indicating,
summarizing, or evidencing its assets (including the Collateral) or liabilities,
all of its Records relating to its business operations or financial condition,
and all of its goods or General Intangibles related to such information).

               "Debtor" and "Debtors" are defined in the preamble to this
Agreement.

               "Equipment" means all of each Debtor's now owned or hereafter
acquired right, title, and interest with respect to equipment, machinery,
machine tools, motors, furniture, furnishings, fixtures, vehicles (including
motor vehicles), tools, parts, goods (other than consumer goods, farm products,
or Inventory), wherever located, including all attachments, accessories,
accessions, replacements, substitutions, additions, and improvements to any of
the foregoing.

               "Event of Default" has the meaning ascribed to it in Section 6.

               "General Intangibles" means all of each Debtor's now owned or
hereafter acquired right, title, and interest with respect to general
intangibles (including payment intangibles, contract rights, rights to payment,
rights arising under common law, statutes, or regulations, choses or things in
action, goodwill, patents, trade names, trademarks, servicemarks, copyrights,
blueprints, drawings, purchase orders, customer lists, monies due or recoverable
from pension funds, route lists, rights to payment and other rights under any
royalty or licensing agreements, infringement claims, computer programs,
information contained on computer disks or tapes, software, literature, reports,
catalogs, money, deposit accounts, insurance premium rebates, tax refunds, and
tax refund claims), and any and all supporting obligations in respect thereof,
and any other personal property other than goods, Accounts, Investment Property,
and Negotiable Collateral.

               "Guaranty" has the meaning set forth in the recitals to this
Agreement.

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               "Indebtedness" means (a) all obligations of a Person for borrowed
money, (b) all obligations of a Person evidenced by bonds, debentures, notes, or
other similar instruments and all reimbursement or other obligations of a Person
in respect of letters of credit, bankers acceptances, interest rate swaps, or
other financial products, (c) all obligations of a Person under Capital Leases,
(d) all obligations or liabilities of others secured by a Lien on any asset of a
Person, irrespective of whether such obligation or liability is assumed, (e) all
obligations of a Person for the deferred purchase price of assets (other than
trade debt incurred in the ordinary course of a Person's business and repayable
in accordance with customary trade practices), and (f) any obligation of a
Person guaranteeing or intended to guarantee (whether directly or indirectly
guaranteed, endorsed, co-made, discounted, or sold with recourse to a Person)
any obligation of any other Person.

               "Inventory" means all each Debtor's now owned or hereafter
acquired right, title, and interest with respect to inventory, including goods
held for sale or lease or to be furnished under a contract of service, goods
that are leased by such Debtor as lessor, goods that are furnished by such
Debtor under a contract of service, and raw materials, work in process, or
materials used or consumed in such Debtor's business.

               "Investment Property" means all of each Debtor's now owned or
hereafter acquired right, title, and interest with respect to "investment
property" as that term is defined in the Code, and any and all supporting
obligations in respect thereof.

               "Loan Agreement" means that certain Loan Agreement, dated as of
even date herewith, between Borrower and Secured Party.

               "Negotiable Collateral" means all of each Debtor's now owned and
hereafter acquired right, title, and interest with respect to letters of credit,
letter of credit rights, instruments, promissory notes, drafts, documents, and
chattel paper (including electronic chattel paper and tangible chattel paper),
and any and all supporting obligations in respect thereof.

               "Secured Obligations" shall mean all liabilities, obligations, or
undertakings owing by each Debtor to Secured Party of any kind or description
arising out of or outstanding under, advanced or issued pursuant to, or
evidenced by the Guaranty, the other Subsidiary Loan Documents, or this
Agreement, irrespective of whether for the payment of money, whether direct or
indirect, absolute or contingent, due or to become due, voluntary or
involuntary, whether now existing or hereafter arising, and including all
interest (including interest that accrues after the filing of a case under the
Bankruptcy Code) and any and all costs, fees (including reasonable attorneys
fees), and expenses which Debtor is required to pay pursuant to any of the
foregoing, by law, or otherwise.

               "Secured Party's Liens" means the Liens granted by each Debtor to
Secured Party under this Agreement or the other Subsidiary Loan Documents.

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                      1.2. Code. Any terms used in this Agreement which are
defined in the Code shall be construed and defined as set forth in the Code
unless otherwise defined herein.

                      1.3. Construction. Unless the context of this Agreement
clearly requires otherwise, references to the plural include the singular,
references to the singular include the plural, the term "including" is not
limiting, and the term "or" has, except where otherwise indicated, the inclusive
meaning represented by the phrase "and/or." The words "hereof," "herein,"
"hereby," "hereunder," and similar terms in this Agreement refer to this
Agreement as a whole and not to any particular provision of this Agreement.
Section, subsection, clause, schedule, and exhibit references are to this
Agreement unless otherwise specified. Any reference in this Agreement or in any
of the other Subsidiary Loan Documents to this Agreement or any of the other
Subsidiary Loan Documents shall include all alterations, amendments, changes,
extensions, modifications, renewals, replacements, substitutions, and
supplements, thereto and thereof, as applicable. In the event of a direct
conflict between the terms and provisions of this Agreement and the Loan
Agreement, it is the intention of the parties hereto that both such documents
shall be read together and construed, to the fullest extent possible, to be in
concert with each other. In the event of any actual, irreconcilable conflict
that cannot be resolved as aforesaid, the terms and provisions of the Loan
Agreement shall control and govern; provided, however, that the inclusion herein
of additional obligations on the part of a Debtor and supplemental rights and
remedies in favor of Secured Party, in each case in respect of the Collateral,
shall not be deemed a conflict with the Loan Agreement.

                      1.4. Schedules and Exhibits. All of the schedules and
exhibits attached to this Agreement shall be deemed incorporated herein by
reference.

               2. CREATION OF SECURITY INTEREST.

                      2.1. Grant of Security Interest. Each Debtor hereby grants
to Secured Party a continuing security interest in all currently existing and
hereafter acquired or arising Collateral in order to secure the Secured
Obligations. Secured Party's security interests in the Collateral shall attach
to all Collateral without further act on the part of Secured Party or such
Debtor. Anything contained in this Agreement or any other Subsidiary Loan
Document to the contrary notwithstanding, except to the extent permitted in the
Parent Loan Agreement, no Debtor has authority, express or implied, to dispose
of any item or portion of the Collateral.

                      2.2. Negotiable Collateral. In the event that any
Collateral, including proceeds, is evidenced by or consists of Negotiable
Collateral, and if and to the extent that perfection or priority of Secured
Party's security interest is dependent on or enhanced by possession, each
Debtor, immediately upon the request of Secured Party, shall endorse and deliver
physical possession of such Negotiable Collateral to Secured Party.

                      2.3. Collection of Accounts, General Intangibles,
Negotiable Collateral. At any time after the occurrence and during the
continuation of an Event of

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Default, Secured Party or Secured Party's designee may (a) notify Account
Debtors of each Debtor that the Accounts, chattel paper, or General Intangibles
have been assigned to Secured Party or that Secured Party has a security
interest therein, or (b) collect the Accounts, chattel paper, or General
Intangibles directly and charge the collection costs and expenses to Borrower's
Loan Account. Each Debtor agrees that it will hold in trust for Secured Party,
as Secured Party's trustee, any Collections that it receives and immediately
will deliver said Collections to Secured Party or a Cash Management Bank in
their original form as received by such Debtor.

                      2.4. Delivery of Additional Documentation Required. At any
time upon the request of Secured Party, each Debtor shall execute and deliver to
Secured Party, any and all financing statements, original financing statements
in lieu of continuation statements, fixture filings, security agreements,
pledges, assignments, endorsements of certificates of title, and all other
documents (the "Additional Documents") that Secured Party may request in its
Permitted Discretion, in form and substance satisfactory to Secured Party, to
perfect and continue perfected or better perfect the Secured Party's Liens in
the Collateral (whether now owned or hereafter arising or acquired), to create
and perfect Liens in favor of Secured Party in any Real Property acquired after
the date hereof, and in order to fully consummate all of the transactions
contemplated hereby and under the other Subsidiary Loan Documents. To the
maximum extent permitted by applicable law, each Debtor authorizes Secured Party
to execute any such Additional Documents in such Debtor's name and authorizes
Secured Party to file such executed Additional Documents in any appropriate
filing office. In addition, on such periodic basis as Secured Party shall
require, each Debtor shall (a) provide Secured Party with a report of all new
patentable, copyrightable, or trademarkable materials acquired or generated by
such Debtor during the prior period, (b) cause all patents, copyrights, and
trademarks acquired or generated by such Debtor that are not already the subject
of a registration with the appropriate filing office (or an application therefor
diligently prosecuted) to be registered with such appropriate filing office in a
manner sufficient to impart constructive notice of such Debtor's ownership
thereof, and (c) cause to be prepared, executed, and delivered to Secured Party
supplemental schedules to the applicable Subsidiary Loan Documents to identify
such patents, copyrights, and trademarks as being subject to the security
interests created thereunder.

                      2.5. Power of Attorney. Each Debtor hereby irrevocably
makes, constitutes, and appoints Secured Party (and any of Secured Party's
officers, employees, or agents designated by Secured Party) as such Debtor's
true and lawful attorney, with power to: (a) if such Debtor refuses to, or fails
timely to execute and deliver any of the documents described in Section 2.4,
sign the name of such Debtor on any of the documents described in Section 2.4;
(b) at any time that an Event of Default has occurred and is continuing, sign
such Debtor's name on any invoice or bill of lading relating to the Collateral,
drafts against Account Debtors, or notices to Account Debtors; (c) send requests
for verification of Accounts; (d) endorse such Debtor's name on any Collection
item that may come into Secured Party's possession; (e) at any time that an
Event of Default has occurred and is continuing, make, settle, and adjust all
claims under such Debtor's policies of insurance and make all determinations and
decisions with respect to such policies of insurance; and (f) at

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any time that an Event of Default has occurred and is continuing, settle and
adjust disputes and claims respecting the Accounts, chattel paper, or General
Intangibles directly with Account Debtors, for amounts and upon terms which
Secured Party determines to be reasonable, and Secured Party may cause to be
executed and delivered any documents and releases which Secured Party determines
to be necessary. The appointment of Secured Party as each Debtor's attorney, and
each and every one of Secured Party's rights and powers, being coupled with an
interest, is irrevocable until all of the Secured Obligations have been fully
and finally repaid and performed and Secured Party's obligation to extend credit
under the Loan Agreement is terminated.

                      2.6. Right to Inspect. Secured Party (through any of its
officers, employees, or agents) shall have the right, from time to time
hereafter to inspect each Debtor's Debtor's Books and to check, test, and
appraise the Collateral in order to verify each Debtor's financial condition or
the amount, quality, value, condition of, or any other matter relating to, the
Collateral.

               3.     [INTENTIONALLY OMITTED]

               4.     [INTENTIONALLY OMITTED]

               5.     [INTENTIONALLY OMITTED]

               6.     EVENTS OF DEFAULT.

               Any one or more of the following events shall constitute an event
of default (each, an "Event of Default") under this Agreement:

                             (a) The occurrence of an Event of Default (as
defined in the Loan Agreement);

                             (b) If a Debtor fails or neglects to perform, keep,
or observe, in any material respect, any term, provision, condition, covenant,
or agreement contained in this Agreement or in the Guaranty, or in any other
present or future agreement between a Debtor and Secured Party;

                             (c) If any material portion of a Debtor's assets is
attached, seized, subjected to a writ or distress warrant, levied upon, or comes
into the possession of any third Person;

                             (d) If a notice of Lien, levy, or assessment is
filed of record with respect to any of a Debtor's assets by the United States,
or any department, agency, or instrumentality thereof, or by any state, county,
municipal, or governmental agency, or if any taxes or debts owing at any time
hereafter to any one or more of such entities becomes a Lien, whether choate or
otherwise, upon any of such Debtor's assets and the same is not paid before such
payment is delinquent;

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                             (e) If a judgment or other claim becomes a Lien or
encumbrance upon any material portion of a Debtor's properties or assets;

                             (f) If there is a default in any material agreement
to which a Debtor is a party and such default (i) occurs at the final maturity
of the obligations thereunder, or (ii) results in a right by the other party
thereto, irrespective of whether exercised, to accelerate the maturity of such
Debtor's obligations thereunder, to terminate such agreement, or to refuse to
renew such agreement pursuant to an automatic renewal right therein;

                             (g) If Debtor makes any payment on account of
Indebtedness that has been contractually subordinated in right of payment to the
payment of the Secured Obligations, except to the extent such payment is
permitted by the terms hereof and by the subordination provisions applicable to
such Indebtedness;

                             (h) If any misstatement or misrepresentation exists
now or hereafter in any warranty, representation, statement, or Record made to
Secured Party by a Debtor or any officer, employee, agent, or director of a
Debtor, or if any such warranty or representation is withdrawn; or

                             (i) If this Agreement or any other Subsidiary Loan
Document that purports to create a Lien, shall, for any reason, fail or cease to
create a valid and perfected and, except to the extent permitted by the terms
hereof or thereof, first priority Lien on or security interest in the Collateral
covered hereby or thereby.

               7. SECURED PARTY'S RIGHTS AND REMEDIES.

                      7.1. Rights and Remedies. Upon the occurrence of an Event
of Default, the security hereby constituted shall become enforceable and, in
addition to all other rights and remedies available to Secured Party as provided
hereafter, Secured Party may, at its election, without notice of its election
and without demand, do any one or more of the following, all of which are
authorized by each Debtor:

                             (a) Proceed directly and at once, without notice,
against each Debtor to collect and recover the full amount or any portion of the
Secured Obligations, without first proceeding against Borrower, or against any
security or collateral for the Secured Obligations;

                             (b) Without notice to any Debtor and regardless of
the acceptance of any security or collateral for the payment hereof, appropriate
and apply toward the payment of the Secured Obligations (i) any indebtedness due
or to become due from Secured Party to a Debtor and (ii) any moneys, credits or
other property belonging to a Debtor at any time held by or coming into the
possession of Secured Party;

                             (c) May exercise in respect of the Collateral, in
addition to other rights and remedies provided for herein and the Guaranty or
otherwise available to it, all the

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rights and remedies available to it at law (including those of a secured party
under the Code) or in equity;

                             (d) Settle or adjust disputes and claims directly
with Account Debtors for amounts and upon terms which Secured Party considers
advisable, and in such cases, Secured Party will credit Borrower's Loan Account
with only the net amounts received by Secured Party in payment of such disputed
Accounts after deducting all Lender Expenses incurred or expended in connection
therewith;

                             (e) Cause each Debtor to hold all returned
Inventory in trust for Secured Party, segregate all returned Inventory from all
other property of such Debtor or in such Debtor's possession and conspicuously
label said returned Inventory as the property of Secured Party;

                             (f) Without notice or demand upon any Debtor, make
such payments and do such acts as Secured Party considers necessary or
reasonable to protect its security interest in the Collateral. each Debtor
agrees to assemble the Collateral if Secured Party so requires, and to make the
Collateral available to Secured Party as Secured Party may designate. Each
Debtor authorizes Secured Party to enter the premises where the Collateral is
located, to take and maintain possession of the Collateral, or any part of it,
and to pay, purchase, contest, or compromise any encumbrance, charge, or lien
which in Secured Party's determination appears to be prior or superior to its
security interest and to pay all expenses incurred in connection therewith. With
respect to any of a Debtor's owned premises, such Debtor hereby grants Secured
Party a license to enter into possession of such premises and to occupy the
same, without charge, for up to one hundred twenty (120) days in order to
exercise any of Secured Party's rights or remedies provided herein, at law, in
equity, or otherwise;

                             (g) Ship, reclaim, recover, store, finish,
maintain, repair, prepare for sale, advertise for sale, and sell (in the manner
provided for herein) the Collateral. Secured Party is hereby granted a license
or other right to use, without charge, each Debtor's labels, patents,
copyrights, rights of use of any name, trade secrets, trade names, trademarks,
service marks, and advertising matter, or any property of a similar nature, as
it pertains to the Collateral, in completing production of advertising for sale
and selling any Collateral, and Debtor's rights under all licenses and all
franchise agreements shall inure to Secured Party's benefit;

                             (h) Sell all or any part of the Collateral at
either a public or private sale, or both, by way of one or more contracts or
transactions, for cash or on terms, in such manner and at such places (including
a Debtor's premises) as Secured Party determines is commercially reasonable. It
is not necessary that the Collateral be present at any such sale;

                             (i) Secured Party shall give notice of the
disposition of the Collateral as follows:

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                             (i) Secured Party shall give the applicable Debtor
               a notice in writing of the time and place of public sale, or, if
               the sale is a private sale or some other disposition other than a
               public sale is to be made of the Collateral, then the time on or
               after which the private sale or other disposition is to be made;
               and

                             (ii) The notice shall be personally delivered or
               mailed, postage prepaid, to the applicable Debtor as provided in
               Section 10, at least 10 days before the earliest time of
               disposition set forth in the notice; no notice needs to be given
               prior to the disposition of any portion of the Collateral that is
               perishable or threatens to decline speedily in value or that is
               of a type customarily sold on a recognized market;

                             (j) Secured Party may credit bid and purchase at
any public sale;

                             (k) Secured Party may seek the appointment of a
receiver or keeper to take possession of all or any portion of the Collateral or
to operate same and, to the maximum extent permitted by law, may seek the
appointment of such a receiver without the requirement of prior notice or a
hearing;

                             (l) Secured Party shall have all other rights and
remedies available at law or in equity or pursuant to any other Subsidiary Loan
Document; and

                             (m) Any deficiency that exists after disposition of
the Collateral as provided above will be paid immediately by the Debtors. Any
excess will be returned, without interest and subject to the rights of third
Persons, by Secured Party to the applicable Debtor.

                      7.2. Remedies Cumulative. Secured Party's rights and
remedies under this Agreement, the Subsidiary Loan Documents, and all other
agreements shall be cumulative. Secured Party shall have all other rights and
remedies not inconsistent herewith as provided under the Code, by law, or in
equity. No exercise by Secured Party of one right or remedy shall be deemed an
election, and no waiver by Secured Party of any Event of Default on a Debtor's
part shall be deemed a continuing waiver. No delay by Secured Party shall
constitute a waiver, election, or acquiescence by it.

               8. TAXES AND EXPENSES REGARDING THE COLLATERAL. If a Debtor fails
to pay any monies (whether taxes, rents, assessments, insurance premiums, or, in
the case of leased properties or assets, rents or other amounts payable under
such leases) due to third Persons, or fails to make any deposits or furnish any
required proof of payment or deposit, all as required under the terms of this
Agreement, then, Secured Party, in its sole discretion and without prior notice
to any Debtor, may do any or all of the following: (a) make payment of the same
or any part thereof; (b) set up such reserves in Borrower's Loan Account as
Secured Party deems necessary to protect Secured Party from the exposure

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created by such failure; or (c) in the case of the failure to comply with
Section obtain and maintain insurance policies insuring such Debtor's ownership
and use of the Collateral, and take any action with respect to such policies as
Secured Party deems prudent. Any amounts paid or deposited by Secured Party
shall constitute Lender Expenses, shall immediately become additional Secured
Obligations, shall bear interest at the applicable rate described in the
Subsidiary Loan Document, and shall be secured by the Collateral. Any payments
made by Secured Party shall not constitute an agreement by Secured Party to make
similar payments in the future or a waiver by Secured Party of any Event of
Default under this Agreement. Secured Party need not inquire as to, or contest
the validity of, any such expense, tax, security interest, encumbrance, or lien
and the receipt of the usual official notice for the payment thereof shall be
conclusive evidence that the same was validly due and owing. Secured Party shall
use its best efforts to provide notice to each Debtor of any action taken by it
under this Section 8.

               9. WAIVERS; INDEMNIFICATION.

                      9.1. Demand; Protest; etc. To the extent permitted by law,
each Debtor waives demand, protest, notice of protest, notice of default or
dishonor, notice of payment and nonpayment, notice of any default, nonpayment at
maturity, release, compromise, settlement, extension, or renewal of accounts,
documents, instruments, chattel paper, and guarantees at any time held by
Secured Party on which such Debtor may in any way be liable.

                      9.2. Secured Party's Liability for Collateral. So long as
Secured Party complies with its obligations, if any, under Section 9207 of the
Code, Secured Party shall not in any way or manner be liable or responsible for:
(a) the safekeeping of the Collateral; (b) any loss or damage thereto occurring
or arising in any manner or fashion from any cause; (c) any diminution in the
value thereof; or (d) any act or default of any carrier, warehouseman, bailee,
forwarding agency, or other Person. All risk of loss, damage, or destruction of
the Collateral shall be borne by the Debtors.

                      9.3. Indemnification. Each Debtor agrees to defend,
indemnify, save, and hold Secured Party and its officers, employees, and agents
harmless against: (a) all obligations, demands, claims, and liabilities claimed
or asserted by any other Person, and (b) all losses (including attorneys fees
and disbursements) in any way suffered, incurred, or paid by Secured Party as a
result of or in any way arising out of, following, or consequential to
transactions with Borrower or any Debtor, whether under this Agreement, the
other Subsidiary Loan Documents or otherwise, but excluding any obligations,
demands, claims, liabilities, and losses caused by Secured Party's gross
negligence or willful misconduct. This provision shall survive the termination
of this Agreement.

               10. NOTICES. All notices and other communications hereunder to
Secured Party shall be in writing and shall be mailed, sent or delivered in
accordance with the Loan Agreement and all notices and other communications
hereunder to a Debtor shall be

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in writing and shall be mailed, sent or delivered in care of Borrower in
accordance with the Loan Agreement.

               11. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER. THE VALIDITY OF
THIS AGREEMENT, ITS CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT, AND THE
RIGHTS OF THE PARTIES HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA. THE PARTIES
AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT
SHALL BE TRIED AND LITIGATED ONLY IN THE STATE AND FEDERAL COURTS LOCATED IN THE
COUNTY OF LOS ANGELES, STATE OF CALIFORNIA OR, AT THE SOLE OPTION OF SECURED
PARTY, IN ANY OTHER COURT IN WHICH SECURED PARTY SHALL INITIATE LEGAL OR
EQUITABLE PROCEEDINGS AND WHICH HAS SUBJECT MATTER JURISDICTION OVER THE MATTER
IN CONTROVERSY. EACH DEBTOR AND SECURED PARTY WAIVES, TO THE EXTENT PERMITTED
UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM
NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN
ACCORDANCE WITH THIS SECTION 11.

               EACH DEBTOR AND SECURED PARTY HEREBY WAIVE THEIR RESPECTIVE
RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT
OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING
CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR
STATUTORY CLAIMS. EACH DEBTOR AND SECURED PARTY REPRESENT THAT EACH HAS REVIEWED
THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS
FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF
THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

               12. DESTRUCTION OF DEBTOR'S DOCUMENTS. All documents, schedules,
agings, or other papers delivered to Secured Party may be destroyed or otherwise
disposed of by Secured Party four (4) months after they are delivered to or
received by Secured Party, unless the applicable Debtor requests, in writing,
the return of said documents, schedules or other papers and makes arrangements,
at such Debtor's expense, for their return.

               13. GENERAL PROVISIONS.

                      13.1. Effectiveness. This Agreement shall be binding and
deemed effective when executed by each Debtor and accepted and executed by
Secured Party.

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               13.2. Successors and Assigns. This Agreement shall bind and inure
to the benefit of the respective successors and assigns of each of the parties;
provided, however, that no Debtor may assign this Agreement or any rights or
duties hereunder without Secured Party's prior written consent and any
prohibited assignment shall be absolutely void. No consent to an assignment by
Secured Party shall release a Debtor from its Secured Obligations. Secured Party
may assign this Agreement and its rights and duties hereunder and no consent or
approval by any Debtor is required in connection with any such assignment.
Secured Party reserves the right to sell, assign, transfer, negotiate, or grant
participations in all or any part of, or any interest in Secured Party's rights
and benefits hereunder. In connection therewith, Secured Party may disclose all
documents and information which Secured Party now or hereafter may have relating
to the Debtors or the Debtors' business. To the extent that Secured Party
assigns its rights and obligations to a third Person, Secured Party thereafter
shall be released from such assigned obligations to each Debtor and such
assignment shall effect a novation between the Debtors and such third Person.

               13.3. Section Headings. Headings and numbers have been set forth
herein for convenience only. Unless the contrary is compelled by the context,
everything contained in each section applies equally to this entire Agreement.

               13.4. Interpretation. Neither this Agreement nor any uncertainty
or ambiguity herein shall be construed or resolved against Secured Party or any
Debtor, whether under any rule of construction or otherwise. On the contrary,
this Agreement has been reviewed by all parties and shall be construed and
interpreted according to the ordinary meaning of the words used so as to fairly
accomplish the purposes and intentions of all parties hereto.

               13.5. Severability of Provisions. Each provision of this
Agreement shall be severable from every other provision of this Agreement for
the purpose of determining the legal enforceability of any specific provision.

               13.6. Amendments in Writing. This Agreement can only be amended
by a writing signed by Secured Party and each Debtor.

               13.7. Counterparts. This Agreement may be executed in any number
of counterparts and by different parties on separate counterparts, each of
which, when executed and delivered, shall be deemed to be an original, and all
of which, when taken together, shall constitute but one and the same Agreement.
Delivery of an executed counterpart of this Agreement by telefacsimile shall be
equally as effective as delivery of an original executed counterpart of this
Agreement. Any party delivering an executed counterpart of this Agreement by
telefacsimile also shall deliver an original executed counterpart of this
Agreement but the failure to deliver an original executed counterpart shall not
affect the validity, enforceability, and binding effect of this Agreement.

               13.8. Revival and Reinstatement of Obligations. If the incurrence
or payment of the Secured Obligations by a Debtor or the transfer by a Debtor to
Secured

                                      -12-
<PAGE>   13

Party of any property of a Debtor should for any reason subsequently be declared
to be void or voidable under any state or federal law relating to creditors'
rights, including provisions of the Bankruptcy Code relating to fraudulent
conveyances, preferences, and other voidable or recoverable payments of money or
transfers of property (collectively, a "Voidable Transfer"), and if Secured
Party is required to repay or restore, in whole or in part, any such Voidable
Transfer, or elects to do so upon the reasonable advice of its counsel, then, as
to any such Voidable Transfer, or the amount thereof that Secured Party is
required or elects to repay or restore, and as to all reasonable costs,
expenses, and attorneys fees of Secured Party related thereto, the liability of
the Debtors automatically shall be revived, reinstated, and restored and shall
exist as though such Voidable Transfer had never been made.

                            [signature page follows]

                                      -13-
<PAGE>   14

               IN WITNESS WHEREOF, the parties hereto have caused this Agreement
to be executed as of the date first above written.

                                 FUTURELINK CORP.,
                                 a Delaware corporation

                                 By: /s/ Corey E. Fischer
                                 Title: Vice President

                                 FUTURELINK MICRO VISIONS CORP.,
                                 a Delaware corporation

                                 By: /s/ Corey E. Fischer
                                 Title: Vice President

                                 FUTURELINK ASYNC CORP.,
                                 a Delaware corporation

                                 By: /s/ Corey E. Fischer
                                 Title: Vice President

                                 FUTURELINK PLEASANTON CORP.,
                                 a Delaware corporation

                                 By: /s/ Corey E. Fischer
                                 Title: Vice President

                                 FUTURELINK MADISON CORP.,
                                 a Delaware corporation

                                 By: /s/ Corey E. Fischer
                                 Title: Vice President

                                 FUTURELINK VSI CORP.,
                                 a Maryland corporation

                                 By: /s/ Corey E. Fischer
                                 Title: Vice President

                                 FOOTHILL CAPITAL CORPORATION,
                                 a California corporation

                                 By: /s/ William Shiao
                                 Title: Vice President

                                      S-1<PAGE>   1

                                                                   EXHIBIT 10.81

                              EMPLOYMENT AGREEMENT

        THIS EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as
of December 4, 2000, by and between FUTURELINK CORP., a Delaware corporation
("Company"), and Howard E. Taylor ("Executive").

                                        I
                                   EMPLOYMENT

        1.1 Position and Duties. The Company hereby engages and employs
Executive as President and Chief Executive Officer, reporting to the Company's
Board of Directors (the "Board"), and Executive hereby agrees to such employment
with the Company, on the terms set forth in this Agreement.

        The Board may provide such additional designations of title to Executive
as the Board, in its discretion, may deem appropriate. Executive shall perform
the duties and functions of a similarly situated president and chief executive
officer in a publicly owned company, in accordance with this Agreement and the
directions of the Board and applicable law.

        1.2 Best Efforts. Executive agrees to devote his full time and attention
to the Company, to use his best efforts to advance the business and welfare of
the Company, to render his services under this Agreement fully, faithfully,
diligently, competently and to the best of his ability, and not to engage in any
other employment activities. Notwithstanding anything herein to the contrary,
Executive shall not be precluded from (a) engaging in charitable activities and
community affairs; or (b) managing his personal investments and affairs;
provided however, that such additional activities do not materially interfere
with the proper performance of his duties and responsibilities under this
Agreement.

                                       II
                            COMPENSATION AND BENEFITS

        2.1 Base Salary. For all services to be rendered by Executive under this
Agreement, the Company agrees to pay Executive an annual base salary of three
hundred twenty-five thousand dollars ($325,000.00) payable in accordance with
the normal payroll practices of the Company. Executive's salary will be reviewed
for possible increase on an annual basis, in the Board's sole and absolute
discretion.

        2.2 Bonus. Executive will be eligible for an annual performance bonus
(the "Annual Performance Bonus") of two hundred fifty thousand dollars
($250,000.00), paid in cash on an annual basis within forty-five (45) days after
the end of the fiscal year. The Annual Performance Bonus will be earned by
Executive if the Company achieves mutually agreed upon corporate performance
targets established in writing between Executive and the Board prior to the
commencement of the fiscal year. In addition to the Annual Performance Bonus,
Executive will be eligible for a one time performance-based bonus consisting of
a grant of an option to acquire two hundred thousand (200,000) shares of the
Company's common stock which shall vest on December 31, 2001 if the Company
achieves mutually agreed upon corporate performance targets established in
writing between Executive and the Board prior to the commencement of the fiscal
year, but if not vested on December 31, 2001 will, in any event, vest on
December 31, 2004 provided Executive is still employed by the Company on that
date.

<PAGE>   2

        2.3 Other Benefits. The Company shall provide to Executive the following
benefits:

            (a)  An annual vacation leave of four (4) weeks per calendar year at
                 full pay pay, which shall accrue, year-to-year, up to the
                 accrual limits established by company policy.

            (b)  The Executive shall be entitled to participate to the same
                 extent as similarity situated Executives in the Company's
                 employee benefits plan as may be in effect at any given time,
                 subject to satisfying any insurability requirements established
                 by the carrier or carriers that provide the benefits, provided,
                 however, that the Company will obtain and maintain at its own
                 expense a life insurance policy on Executive in the face amount
                 of one million dollars ($1,000,000.00) for the benefit of a
                 beneficiary or beneficiaries to be designated by Executive.

            (c)  The Executive will receive a grant of an option to acquire up
                 to two million five hundred thousand (2,500,000) shares of
                 common stock. The exercise price of the option shares will be
                 set based on the closing price of the company's common stock on
                 December 1, 2000. Two million (2,000,000) of the shares shall
                 vest in increments of 250,000 shares on the first day of each
                 quarter for eight consecutive quarters commencing on January 1,
                 2001. The remaining five hundred thousand (500,000) shares
                 shall vest on January 1, 2003. All other terms and conditions
                 pertaining to such options will be governed by the Year 2000
                 Corporate Stock Option Plan, which is attached as Exhibit "A"
                 to this Agreement, and any subsequent amendments thereto.

            (d)  The Company agrees to cover Executive under its Directors and
                 Officers Liability Insurance Policy at no cost to Executive.

            (e)  Executive shall be paid a signing bonus in the amount of
                 $650,000, to be paid in two equal installments of $325,000
                 each, on January 1, 2001 and on April 1, 2001. In the event
                 that Executive voluntarily terminates his employment within
                 twelve (12) months after December 4, 2000, Executive shall,
                 within thirty (30) days of termination of Executive's
                 employment, repay the signing bonus to the Company on a pro
                 rata basis for each month remaining in the initial twelve (12)
                 month period.

        2.4 Expense Reimbursement. The Company shall reimburse Executive in
accordance with the Company's policies for reimbursement for all actual and
reasonable business expenses incurred by Executive in promoting the business of
the Company, provided that (a) such expenditures are of a nature qualifying them
as legitimate business deductions, (b) Executive furnishes to the Company
adequate records and other documentary evidence reasonably required by the
Company to substantiate such expenditures, and (c) such expenses qualify for
reimbursement under the Company's expense reimbursement policy. Notwithstanding
the foregoing, Executive shall be reimbursed for Executive's reasonable travel
and living expenses arising as a result of Executive's activities under this
Agreement.

                                       2

<PAGE>   3

                                       III
                       TERM AND TERMINATION OF AGREEMEMENT

        3.1 Term. This Agreement takes effect December 1, 2000 and shall have an
initial term of twenty-four (24) months, unless earlier terminated by either
party. Within ninety (90) days after the end of the initial term, Executive and
Company shall, in good faith, attempt to renegotiate the terms of this
Agreement. All of the terms and conditions of this Agreement shall remain in
effect during this ninety (90) day renegotiation period unless a new agreement
is executed sooner. In the event that Executive and Company are unable to agree
on mutually acceptable terms for a new agreement, this Agreement shall
automatically expire ninety (90) days after the end of the initial term. Upon
expiration Company shall have no further obligation to Executive and Executive
shall not be entitled to any further compensation other than amounts earned by
Executive prior to the expiration date and unpaid as of the expiration date.

        3.2 Termination by Executive. Executive has the right to terminate this
Agreement and the Executive's employment hereunder by providing the Company with
written notice, which shall provide for an effective date of termination (the
"Voluntary Termination Date"). The Executive shall receive the remuneration,
benefits and expenses contemplated by this Agreement with respect to periods
prior to such Voluntary Termination Date and any options to acquire common stock
which may have vested up to and including the Voluntary Termination Date and the
Executive shall not be entitled to any other remuneration, reimbursement or
payment except as otherwise provided in this Agreement.

        3.3 Termination by Company. The Company has the right to terminate this
Agreement and the Executive's employment hereunder at any time without Cause (as
defined below) by providing the Executive with written notice setting forth the
effective date of termination (the "Company Termination Date").

            (a)  In the event the Company terminates the Executive's employment
                 without Cause, the Company shall pay a severance payment to the
                 Executive no later than thirty (30) days following the Company
                 Termination Date, or at such other time as is mutually agreed
                 upon between the Company and the Executive. The severance
                 payment shall not be less than the total of:

                 (i)   an amount equal to Executive's monthly base salary as of
                       the Company Termination Date multiplied by six (6); plus

                 (ii)  an amount equal to the insurance premium contributions
                       paid on behalf of the Executive under 2.3 (b) for
                       coverage during the month immediately prior to the
                       Company Termination Date, multiplied by six (6); plus

                 (iii) an amount equal to one half of the Annual Performance
                       Bonus.

                                       3

<PAGE>   4

            Provided however, that effective December 4, 2002, the severance
            payment shall be reduced to not less than the total of:

                 (i)   an amount equal to Executive's monthly base salary as of
                       the Company Termination Date multiplied by three (3);
                       plus

                 (ii)  an amount equal to the insurance premium contributions
                       paid on behalf of the Executive under 2.3 (b) for
                       coverage during the month immediately prior to the
                       Company Termination Date, multiplied by three (3); plus

                 (iii) an amount equal to one quarter of the Annual Performance
                       Bonus.

            (b)  Executive acknowledges that other than the foregoing severance
                 payment and the accelerated vesting of stock options as
                 provided in subsection 3.3(d), below, the Executive will not be
                 entitled to any further compensation or notice arising out of
                 the termination without Cause by the Company of the Executive's
                 employment.

            (c)  For purposes of this Agreement, "Cause" shall mean (i) the
                 willful refusal of Executive to comply with a lawful
                 instruction of the Board; (ii) an act or acts of personal
                 dishonesty by Executive that were intended to result in
                 personal enrichment of Executive at the expense of the Company;
                 (iii) Executive's conviction of any felony involving an act of
                 moral turpitude; or (iv) Executive's gross negligence, gross
                 incompetence, gross insubordination or gross misconduct,
                 intentional or persistent failure to perform stated duties or
                 abide by the Company's policies, or material breach of any
                 provision of this Agreement, including without limitation any
                 representation or covenant contained in Article VI, Article VII
                 or Article VIII of this Agreement.

            (d)  Upon a termination without Cause by the Company, the Company
                 agrees that it will accelerate the vesting dates pursuant to
                 any and all stock option agreements outstanding between
                 Executive and the Company (the "Option Agreements") granting
                 Executive the right for a period of ninety (90) days commencing
                 on the Company Termination Date to purchase that number of
                 shares for which options have been granted which are not yet
                 vested, and which are scheduled to vest within twelve (12)
                 months following the Company Termination Date, irrespective of
                 whether or not the vesting requirements set forth in the
                 Company's Stock Option Plan or the Option Agreements have been
                 satisfied. Any Option Agreements and any and all rights the
                 Executive has or may have pursuant to any Option Agreements
                 shall terminate and otherwise be extinguished on the date
                 ninety-one (91) days following the Company Termination Date. In
                 the event that any of the terms of such options are not
                 ascertainable or in the event that applicable securities
                 legislation precludes the acceleration of the vesting dates in
                 the manner described herein, the Company agrees to compensate
                 the Executive by way of a cash payment with that amount of
                 money to which the Executive would have been entitled if
                 Executive had exercised any such option on the Company
                 Termination Date at the price pursuant to the Option Agreements
                 and sold the securities on the NASDAQ Stock Market or other
                 markets on which the Company's common stock is listed for
                 trading, less the aggregate exercise price of such options. The
                 price used to determine such cash payment shall be based upon
                 the average trading price of the Company's common stock during
                 the last five trading days preceding the Company Termination
                 Date. In the event the foregoing cannot be determined, then the
                 market price shall be established by a qualified independent
                 valuator approved by the independent members of the Board of
                 Directors of the Company. In the further event that such
                 average trading price or current market price does not exceed
                 the exercise price, no amount shall be payable by the Company
                 under this Section.

                                       4

<PAGE>   5

                                       IV
                                     RELEASE

        4.1 Release. In the event of termination in accordance with section 3.3
above, and as a condition to the payments to the Executive described therein and
the additional provisions of this Agreement, the Executive agrees to execute a
release agreement (in a form satisfactory to the Company) forever releasing and
discharging the Company and its officers, directors, employees, agents and
representatives, from any and all obligations to pay any further amounts or
benefits to the Executive with respect to the Executive's employment or the
termination thereof.

                                        V
                                CHANGE OF CONTROL

        5.1 Change of Control. In the event of a Change of Control (defined as
meaning any of the following events: (i) consummation of any merger or
consolidation of the Company in which the Company is not the continuing or
surviving corporation and the shareholders of the Company immediately prior to
such merger or consolidation own less than 51% of the surviving company; or (ii)
consummation of any sale, lease, exchange, or other transfer, whether voluntary
or involuntary, in one transaction or a series of related transactions, of all
or substantially all of the Company's assets, other than a transfer of the
Company's assets to a majority-owned subsidiary corporation; or (iii) a change
in ownership of 60% or more of the Company's then outstanding capital stock, in
one or more of a series of related transactions occurring within a period of
four (4) months, in which one or more person(s) acquires 60% or more of the
Company's then outstanding capital stock), occurs and in the further event that:

            (a)  Executive's employment with the Company is terminated by the
                 Company other than for "Cause" as that term is defined under
                 this Agreement within six (6) months of the date of a Change of
                 Control; or

            (b)  Executive does not continue to be employed by the Company at
                 the same title, or with the same level of responsibility or
                 compensation or with benefits at least commensurate with the
                 Executive's existing level of responsibility and compensation
                 immediately prior to the Change of Control and Executive elects
                 in a written notice to the Company within six (6) months of the
                 date of a Change of Control to treat the Executive's employment
                 as being terminated as a result of such reduction(s), with the
                 termination of Executive's employment being effective as of the
                 date such written notice is delivered to the Company;

then the Company agrees to accelerate the vesting dates pursuant to the Option
Agreements granting Executive the right for a period of ninety (90) days
commencing on the Voluntary Termination Date to purchase that number of shares
for which options have been granted which are not yet vested or exercised,
irrespective of whether or not the vesting requirements set forth in the
Company's Stock Option Plan or the Option Agreements have been satisfied. For
the purposes of this section, the "Voluntary Termination Date" shall be the date
upon which Executive provides the notice described in Section 3.2 of this
Agreement. Any Option Agreements and any and all rights Executive has or may
have pursuant to any Option Agreements shall terminate and otherwise be
extinguished on the date ninety-one (91) days

                                       5

<PAGE>   6

following the Voluntary Termination Date. In the event that any of the terms of
such option are not ascertainable or in the event that applicable securities
legislation precludes the acceleration of the vesting dates in the manner
described herein, the Company agrees to compensate Executive by way of a cash
payment with that amount of money which Executive would have been entitled to if
Executive had exercised any such option on the Voluntary Termination Date at the
price pursuant to the Option Agreements and sold the securities on The NASDAQ
Stock Market or other markets on which the Company's common stock is listed for
trading. The price used to determine such cash payment shall be based upon the
average trading price of the Company's common stock during the last five trading
days preceding the Voluntary Termination Date. In the event the foregoing cannot
be determined, then the market price shall be established by a qualified
independent valuator approved by the independent members of the Board of
Directors of the Company. In the further event that such average trading price
or current market price does not exceed the exercise price, no amount shall be
payable by the Company under this Section.

                                       VI
                          NONDISCLOSURE OF INFORMATION
                        AND NON-SOLICITATION OF EMPLOYEES

        6.1 Nondisclosure of Confidential Information. Except in the performance
of Executive's duties hereunder, Executive shall not disclose to any person or
entity or use for his own direct or indirect benefit any Confidential
Information (as defined below) pertaining to the Company obtained by Executive
in the course of his employment with the Company. For purposes of this
Agreement, "Confidential Information" shall include the Company's products,
services, processes, suppliers, customers, customers' account executives,
employees, financial, sales and distribution information, price lists, identity
and list of actual and potential customers, trade secrets, technical
information, business plans, strategies and other information of a proprietary
nature to the extent that such information has not been publicly disseminated by
the Company, other than through a breach hereof or through other lawful means.

        6.2 Return of Information. Upon termination of Executive's employment,
Executive will deliver to the Company all customer lists, proposals, reports,
memoranda, computer software and programming, budgets and other financial
information, and other materials or records or writings of any type (including
any copies thereof and regardless of the medium in which the information exists)
made, used or obtained by Executive in connection with Executive's employment by
the Company, and which are then in Executive's care, custody, or control.

        6.3 Non-Solicitation. Executive agrees that, so long as Executive is
employed by the Company and for a period of two (2) years after termination of
Executive's employment for any reason, Executive shall not, without the
Company's written consent (a) directly or indirectly solicit, induce or attempt
to solicit or induce any Company employee to discontinue his or her employment
with the Company, (b) usurp any opportunity of the Company that Executive became
aware of during his tenure at the Company or which is made available to him on
the basis of the belief that Executive is still employed by the Company, or (c)
directly or indirectly solicit or induce or attempt to influence any person or
business that is an account, customer or client of the Company to restrict or
cancel the business of any such account, customer or client with the Company.

                                       6

<PAGE>   7

                                       VII
                                   NON-COMPETE

        7.1 No Competition. Executive agrees that given the extent and nature of
the Confidential Information Executive obtains during the course of Executive's
employment, it would be inevitable that such Confidential Information would be
disclosed or utilized by Executive should Executive obtain employment from, or
other become associated with, an entity or person that is engaged in any
business competitive with that of the Company. In order to protect the
Confidential Information Executive obtains during the course of Executive's
employment, Executive agrees that, so long as Executive is employed by the
Company and for a period of one (1) year after Executive's employment is
terminated, Executive shall not, without the prior written consent of the
Company, which shall not be unreasonably or without justification withheld,
either directly or indirectly, including without limitation through a
partnership, joint venture, corporation or other entity or as a consultant,
director or employee, engage in any business competitive with that of the
Company.

        The parties hereto agree that both the scope and nature of the covenant
and the duration for which the covenant not to compete set forth in this Article
VII is to be effective are reasonable in light of all facts and circumstances.
In the event that any provision of this Agreement, including without limitation
any provision of this Article VII, shall to any extent be held invalid,
unreasonable or unenforceable, in any circumstances, the parties hereto agree
that the remainder of this Agreement and the application of such provision of
this Agreement to other circumstances shall be valid and enforceable to the
fullest extent permitted by law. If any provision, or any part thereof, is held
to be unenforceable because of the scope or duration of or the area covered by
such provision, the parties hereto agree that the court making such
determination shall have the power, and is hereby asked by the parties, to
reduce the scope, duration and/or areas of such provisions (and to substitute
appropriate provisions for any such unenforceable provisions) in order to make
such provisions enforceable to the fullest extent permitted by law, and/or to
delete specific words and phrases, and such modified provisions shall then be
enforceable and shall be enforced.

                                      VIII
                       TRADE SECRETS AND NON-SOLICITATION

        8.1 Executive hereby represents and warrants that during the term of
this Agreement, except to the extent permitted by contract, law or equity,
Executive shall not (a) use or disclose legally protected trade secrets or other
confidential information obtained by Executive during the course of Executive's
employment with prior employers, (b) engage in any competitive business
activities, enter into any business relationships, or solicit any business in
violation of any agreement entered into with a prior employer, or (c) violate
any other negative covenants imposed on Executive during the course of
Executive's employment with a prior employer, including, but not limited to,
covenants not to solicit the employment of persons employed by prior employers
of Executive.

                                       7

<PAGE>   8

                                       IX
                              TERMINATION FOR CAUSE

        9.1 Notwithstanding any other provision of this Agreement, the Company
may terminate this Agreement and the Executive's employment hereunder forthwith
for Cause without any further notice or payment. In the event of termination for
Cause, Executive shall forfeit all right to any compensation, bonuses, unvested
stock options, and any other payments provided however, that Executive shall be
entitled to the compensation, bonuses and reimbursements earned prior to the
date of termination for Cause.

                                        X
                                  MISCELLANEOUS

        10.1 Arbitration. Any disputes or controversy between the parties to
this Agreement, including allegations of fraud and misrepresentation arising
from or as a result of this Agreement, the resulting business dealings between
Company and Executive, Executive's employment or the termination thereof,
including any claims of discrimination or other claims under any federal, state,
or local law or regulation now in existence or hereinafter enacted concerning in
any way the subject of Executive's employment with Company or its termination,
shall be resolved, after the parties attempt informal resolution, exclusively by
arbitration in accordance with the National Rules for the Resolution of
Employment Disputes of the American Arbitration Association. All arbitration
hearings shall be held in Orange County, California within one hundred twenty
(120) days from the date arbitration is demanded by any of the parties and the
arbitrator shall render a written decision within thirty (30) days after the
arbitration hearing has concluded. The decision of the arbitrator shall be final
and binding on all parties, and may be entered as a judgment by any party with
any federal or state court of competent jurisdiction. The parties to the
arbitration hearing shall share any filing fees and arbitrator's fees which must
be paid in advance of the hearing equally; however, as set forth below the
prevailing party shall be entitled to recover from the losing party all costs
that it has incurred as a result of the arbitration hearing, including fees paid
to the arbitrator, travel costs and attorneys' fees. This provision shall not
alter the rights of the parties to seek and obtain the provisional equitable
remedies provided under any applicable state or federal law.

        10.2 No Waiver. The waiver by either party of a breach of any provision
of this Agreement shall not operate as or be construed as a waiver of any
subsequent breach thereof.

        10.3 Governing Law. This Agreement shall be construed and enforced in
accordance with the substantive laws and decisions of the State of California,
without regard to its choice of laws provisions.

        10.4 Entire Agreement; Modifications. This Agreement represents the
entire agreement between the parties with respect to the matters set forth
herein and supersedes all prior agreements and understandings between the
parties relating to the employment of Executive by the Company, and it may not
be changed or terminated orally. No modification, termination, or attempted
waiver of any other provisions of this Agreement shall be valid unless in
writing signed by the party against whom the same is sought to be enforced.

        10.5 Jurisdiction; Venue. The parties do hereby agree and submit to
personal jurisdiction in the State of California for the purposes of any
proceedings brought to enforce or construe the terms of this Agreement or to
resolve any dispute or controversy relating to Executive's employment or arising
under, as a result of, or in connection with this Agreement, and do hereby agree
and stipulate that any such proceedings shall be venued and held in Orange
County, California.

        10.6 Severability. If any provision of this Agreement, or any word,
phrase, clause, sentence or other portion thereof (including, without
limitation, any geographic and temporal restrictions and provisions contained in
this Agreement), is held by a court of competent jurisdiction to be invalid,
void or unenforceable for any reason, such provision or portion thereof will be
modified or deleted in such a manner as to make this Agreement, as modified,
legal and enforceable to the fullest extent permitted under applicable laws.

                                       8

<PAGE>   9

        10.7 Representation by Counsel. Executive acknowledges that Executive
has been represented by legal counsel in connection with this Agreement and has
consulted with such legal counsel.

        10.8 Counterparts. This Agreement may be executed in counterparts, all
of which taken together will constitute one validly executed and enforceable
instrument.

        10.9 References. This Agreement is conditional upon completion of
satisfactory business references and background verification in the sole
discretion of the Company.

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

"COMPANY"                                       "EXECUTIVE"

FUTURELINK CORP.

/s/ PHILIP R. LADOUCEUR                         /s/ HOWARD E. TAYLOR
--------------------------------------          --------------------------------
By: Philip R. Ladouceur,                            Howard E. Taylor
Its: Chairman of the Board

/s/ RICHARD M. WHITE
--------------------------------------
By: Richard M. White
Its: Executive Vice President,
     Chief Financial Officer

                                       9

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