Document:

EX-10.4

Amendment to Original Agreement

November 18, 2003

Datameg Corp. agrees to the following amended compensation articles relating to
the Agreement signed between the parties on August 1, 2003.

1. Datameg Corp. will issue, per every $ 250,000 raised by AMT Management;
500,000 shares DTMG Common Stock to AMT.  This condition may be exercised for
all funds raised by AMT prior to January 1, 2004, up to $ 1,000,000.00.

2. Datameg Corp. will issue an additional 1,000,000 shares to AMT should
they raise the entire $1,000,000.00 prior to December 10, 2003.

Signed:

/s/ Andrew Benson
----------------
Andrew Benson

Datameg Corp.

/s/ Michael Mitsunaga
---------------------
Michael Mitsunaga

AMT ManagementEX-10.5

CONSULTING AGREEMENT

In view ofour mutual agreement and in consideration of services required by
DataMEG Corp. (the "Company'), this letter acts forth the terms and conditions
of the engagement by which MICHEAL MITSUNAGA will assist the Company in a
consulting capacity in areas further described below.

1. MICHEAL MITSUNAGA warrants that it is under no obligation to any other entity
that in any way conflicts with this contract agreement, and that it is free to
enter into this agreement.  MICHAEL MITSUNAGA, acting through its principal,
shall act as an independent consultant and not as an agent or employee of the
Company

1.2 Neither MICHAEL MITSUNAGA nor the Company shall haveauthority to bind the
other or incur other obligations outside of the terms of this contract agreement
on behalf of the other.

Standard of Care:  MICHAEL MITSUNAGA shall protest any disclosed confidential
information by using the same degree of care, but no less than a reasonable
degree of care, to prevent the unauthorized use, disemination, or publication of
the confidential informationas MICHAEL MITSUNAGA uses to protect its own
confidential information of like nature.  MICHAEL MITSUNAGA shall; (a) disclouse
the confidential information only to those employees of MICHAEL MITSUNAGA or any
affiliate of any recipient having a need to know in order to perform the use of
confidential information as described in Section5 of the standard DataMEG non-
disclosure agreement and; (b) advise such employees of the limitations on the
use and disclosure and prohibition on making copies of the confidential
information.

In conncection with the engagement, MICHAEL MITSUNAGA shall provide cetain
services, as appropriate to DataMEG.

TERM

Commencing as of the Effective Date, and continuing for a period of tweleve (12)
months (the "Term"), unless earliar terminated pursuant to "EARLY TERMINATION OF
THE TERM" section hereof MICHEAL MITSUNAGA agrees that it will serve as the
Company's Management Consultant.

ENGAGEMENT TERMS

In consideration for services rendered, the Company will compensate as follows:

a)    Subject to the terms hereof, Mr. Mitsunaga is hereby granted a Non-
Qualified Stock Option Grant to purchase 6,882,352 shares of the Company's
Common Capital Stock (the "Option") vested immediately upon the Effective Date
at a strike price of  .17 Cents per share and otherwise,  in accordance with the
terms and conditions of the Company's Stock Option Plan (the "Plan") and Stock
Option Agreement (the "Grant Agreement").

b)    On a timely basis, all reasonable out-of-pocket expenses and
disbursements, including travel, lodging, postage, and communications and other
related expenses incurred in connection with this engagement.

EARLY TERMINAITON OF THE TERM

The Company shall have the right to terminate engagement hereunder FOR CAUSE,
upon five (5) days prior written notice and opportunity by Michael Mitsunaga
to take corrective steps, and if Mr. Mitsunaga has not taken such action, this
engagement shall terminate at the end of the aforesaid five (5) day period.

If Mr. Mitsunaga  voluntarily ceases performing its duties and responsibilites
or its terminated FOR CAUSE, then any unexercised Options shall cease and
terminate as of such date, and all amounts owed Mr. Mitsunaga, including the pro
rata portion of the Options and submitted expenses will be paid within five (5)
days of said termination.  For illustration purposes only, in the event that the
Company terminates this engagement FOR CAUSE at the end of month six of the
engagement term and                                                   was
allotted one million (1,000,000) options, then the allotment would be adjusted
to one half the original amount or five hundred thousand (500,000) options.

As used herein, "FOR CAUSE" shall mean the reasonable determination by the
Company's Board of Directors "Board") that any one of the following events has
occurred:  (a) the conviction of Mr. Mitsunaga of a felony,  (b) any material
willful neglect or dereliction of his duties and responsibilities as set forth
in herein, or (c) breach of this Agreement in any material respect or engaging
in any fraudulent conduct or conduct detrimental to the best interest of the
Company.  The Board will be required to present a written notice to Mr.
Mitsunaga detailing the basis of the Board's decision to terminate Mr. Mitsunaga
and detailing the specific steps that need to be taken to prevent a termination
FOR CAUSE. Mr. Mitsunaga will have five (5) business days to meet these steps.
The Board shall make a seasonable decision and the decision shall be final and
binding on the parties.

INDEMNIFICATION

The company hereby agrees to indemnify and hold harmless Mr. Mitsunaga and his
affiliates, subcontractors, their respective directors, officers, agents and
employees (collectively the "Indemnified Persons") from and against any and all
claims, liabilities, losses, damages, and expenses incurred by any Indemnified
person (including but not limited to any Indemnified Person's counsel fees and
disbursements and the cost of such Indemnified Person's professional time (such
professional time will be reimbursed at our rates in effect when such future
time is required), as they are incurred, arising in connection with
investigating, preparing for, or defending any action, formal or informal claim,
investigation, inquiry or other proceeding, whether or not in connection with
pending or threatened litigation) which are related to or arise in any manner
out of the engagement contemplated hereby, including any legal proceeding in
which any Indemnified Person is not a party; PROVIDED, HOWEVER, that the Company
shall not be responsible for any claims, liabilities, losses, damages, or
expenses pursuant to this paragraph which are finally determined to have
resulted from the gross negligence or  willful misconduct of any Indemnified
Person.  The Company further agrees that the Company shall not, without the
prior written consent of the Indemnified parties, settle, compromise or consent
to the entry of any judgment in any pending or threatened claim, action, suit or
proceeding in respect of which indemnification may be sought hereunder unless
such settlement, compromise or consent includes an unconditional release of

Mr. Mitsunaga and each other Indemnified Person hereunder from all liabilities
arising out of such claim, action, suite or proceeding.

If you are in agreement with the terms of this letter of engagement, kindly
sign, date and return the enclosed copy of this letter to my attention.  Thank
you for your consideration.

Yours Truly,

 Michael Mitsunaga
 Date:

Agreed and Accepted by DataMEG Corp.

Andrew Benson
 Date:EX-10.6

SETTLEMENT AGREEMENT AND MUTUAL RELEASE

        This Settlement Agreement and Mutual Release Agreement (the "Settlement
Agreement") dated as of ______________, 2004, is by and between DataMEG Corp., a
New York corporation, having usual place of business at XXXXXXXX XXX, XXX XXX,
Boston, MA 02116 ("DataMEG") and Rex Hester, of XXXX XXXX XXXX XXX XXXXX, North
Carolina ("Hester").

        WHEREAS, Hester and DataMEG are disputing certain liability and payments
due to Hester including but not limited to salary claims, consulting fees,
loans, and that certain Merger Agreement by and among DataMEG, North Electric
Company, Inc. and Rex Hester, dated December 2001, as amended  (the "Claims");
and

        WHEREAS, DataMEG and Hester wish to resolve these Claims.

        NOW THEREFORE, for and in consideration of the mutual agreements, terms,
covenants and conditions herein and for other good and valuable consideration,
the receipt and adequacy of which are hereby acknowledged, accepted and agreed
to, the parties agree as follows:

1. Hester ("Hester"), in consideration of receipt of One Million Seven Hundred
Fifty Thousand (1,750,000) shares of the common stock of DataMEG, $.01 par
value, to be issued at the Closing subject to Sections 3 and 4 herein, and other
valuable consideration described below, hereby finally and forever discharges,
remises and releases DataMEG, its subsidiaries, affiliates and all parties,
including but not limited to their officers, directors, employees, servants,
consultants, advisors, agents, successors and assigns (collectively, the
"DataMEG Released Parties"), of and from any and all claims, actions, causes of
action, suits, controversies and/or proceedings for or on account of, or in any
way arising out of or related to, claims that Hester may have ever had, now have
or may ever have, relating to the DataMEG Released Parties, including but not
limited to the issues and claims relating to or arising from the Claims.

2. DataMEG, in consideration of the above-mentioned release of all Claims, and
 other valuable consideration described below, hereby discharges, remises, and
 releases Hester of and from any and all claims, actions, causes of action,
 suits, controversies and/or proceedings for or on account of, or in any way
 arising out of or related to, claims that DataMEG may have ever had, now have
 or may ever have, relating to Hester, including but not limited to the Claims.

3. As a condition to DataMEG entering into this Settlement Agreement and
incurring the obligations set forth herein the parties contemporaneously with
the execution of this Settlement Agreement shall enter into a Lock-Up Agreement,
in the form attached hereto as Exhibit "B" ("Lock-Up Agreement").

4. Upon DataMEG's  receipt of counterpart originals of this Settlement
 Agreement,  and the Lock-Up Agreement properly executed by Hester, DataMEG
 shall issue to Hester the Shares (the "Closing").

5. It is understood and agreed that this Settlement Agreement is not to be
construed as an admission of liability on the part of the parties and that they
expressly deny any liability of any kind or nature.

6. Hester and DataMEG hereby represent, warrant and covenant that they have not
been induced to make this settlement by any representation made by the other
party, or anyone acting on the other party's behalf, other than the terms
specifically recited in this Settlement Agreement.  Hester and DataMEG hereby
represent, warrant and covenant that they have made this settlement after
consultation with and upon the advice of their attorneys.

7. Hester and DataMEG each represent, warrant and covenant that no other person
or entity has or had any interest in their claims, or in this Settlement
Agreement, and both parties have the sole and exclusive right to receive the
sums specified, and that neither party has sold, assigned, transferred, conveyed
or otherwise disposed of any of the claims, demands, obligations or causes of
action referred to in this Settlement Agreement.

8. In the event a party fails to fulfill any of its obligations under this
Settlement Agreement, the other fully-complying party shall be entitled to
reimbursement of all his fees and costs associated with pursuing, rectifying
and/or enforcing his rights herein, including but not limited to reasonable
legal fees.

9. This Settlement Agreement, along with the Lock-Up Agreement, constitute the
entire agreement between Hester and DataMEG and supersede any prior written or
oral agreements or promises.

10. This Settlement Agreement may be executed in separate counterparts by the
parties, and collectively, those counterparts will constitute one fully executed
and enforceable agreement.  This Agreement shall be construed and interpreted
under laws of the Commonwealth of Massachusetts law, without reference to its so
called conflicts of laws provisions.

11. Hester and DataMEG represent that they have carefully read the foregoing
Settlement Agreement and know and fully understand the contents thereof, and
that they sign the Settlement Agreement and Release as their free act and deed.

[Signatures on the following page.]

IN WITNESS WHEREOF, the parties hereto have duly executed this Lock-up Agreement
under seal as of the date first written above.

                                                HESTER:

                                                DATAMEG:

                                                DataMEG Corp.

                                                By:

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