Document:

E-COM TECHNOLOGIES CORP.
                    Debenture and Warrant Purchase Agreement

This Debenture and Warrant Purchase Agreement (this "Agreement") is entered into
as  of  November  15,  2000,  by  and between E-COM TECHNOLOGIES CORP., a Nevada
corporation  (the  "Company"),  Randal  Rein,  ("Rein"),  and  Michael Jorgensen
("Jorgensen")  (together  with  Rein,  the  "Purchasers").

In  consideration  of  the  mutual  promises  hereinafter set forth, the parties
hereto  agree  as  follows:

1.     AGREEMENT  TO  SELL  AND  PURCHASE

1.1     Sale  and  Purchase.  Subject to the terms and conditions hereof, at the
Closing  (as  defined  in  Section  2  below),  the  Company  hereby  agrees  to
issue  and  sell  to  Purchasers,  and  Purchasers  agree  to  purchase
from  the  Company,  the  following   convertible   debentures   (the
"Debentures")  due  November  15,  2005,  in  the  respective  principal amounts
set  out  opposite  the  name  of  each  of  the  Purchasers  below,  each
Debenture  to  be  in  the  form  of  the  Debenture  attached  hereto  as
Exhibit  A  and  to  be  convertible  (subject  to  adjustment  and
therein  provided)  into  the  number  of  shares  of  the  Company's  common
stock  ("Common  Stock")  at  the  conversion  price  ("Conversion  Price")
and  in  accordance  with  the  terms  of  the  Debenture:

                      Purchaser                          Principal  Amount
                      ---------                          ----------------
                      Rein                                  US$12,430

                      Jorgensen                          US$12,430

1.2     Sale  of  Warrant.  In  connection  with  and  in  consideration for the
offering  of  the  Debentures  (the  "Offering"),  the  Company  will  issue  to
Purchasers  warrants  (the  "Warrants")  exercisable  for  two  (2)  years
from  the  date  of  issue  to  purchase  from  the  Company  the  number  of
shares  of  the  Company's  Common  Stock  set  out  opposite  the  name of each
of  Purchasers  below,  at  the  respective  exercise  prices  set  out
below  opposite  the  name  of  such  Purchaser,  each  such  Warrant  to  be in
the  form  of  the  Warrant  attached  hereto  as  Exhibit  B:

          Purchaser         Shares Purchasable          Exercise Price per Share
          ---------         ------------------          ------------------------

          Rein                     62,150                       $0.10
          Jorgensen                62,150                       $0.10

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1.3     Purchase  Price.  The  purchase  price  shall  be  US$24,860  paid  as
follows:

                      Purchaser                    Purchase  Price
                      ---------                     ----------------
                      Rein                         US$12,430

                      Jorgensen                    US$12,430

1.4          Grant  of Security Interest.  To secure the prompt and full payment
of all  principal  and  interest  owing  to  the  Purchasers  pursuant  to  the
Debentures,  the  Company  agrees  to  grant  to  each  Purchaser  a  security
interest  in  all  of  the  Company's  assets,  accounts  receivable  and
inventory,  now  existing  or  hereafter  arising,  and  all  proceeds
therefrom.  Such  security  interest  shall  terminate  on  the  earlier  of
(i)     the  date  the  Company  completes  any  unsecured  financing  in excess
of  $1.0  million  after  November  15,  2000  or (ii) the date such Purchaser's
Debenture  is  redeemed  or  converted  in  full.  The  Company shall file UCC-1
Financing  Statements  in  the  State  of  Nevada at the written request of each
Purchaser,  execute  for  filing,  any  additional  financing  statements  or
continuation  statements  as  may  be  required  from time to time to perfect or
continue  such  Purchaser's  security  interest  in  such  assets.

2.     CLOSING,  DELIVERY  AND  PAYMENT

2.1     The  closing of the sale and purchase of the Debentures and the Warrants
under  this  Agreement (the "Closing") shall take place on November 15, 2000, at
388  -  1281  West Georgia Street, Vancouver, British Columbia, or at such other
time  or  place  as the Company and the Purchasers may mutually agree (such date
being  hereinafter  referred  to  as  the  "Closing Date").  At the Closing, the
Purchasers  shall  pay  to  the  Company, by certified check or wire transfer of
immediately  available  funds, the Purchase Price, and the Company shall, at the
Closing,  deliver  to Purchasers the Debentures and the Warrants, each dated the
Closing  Date.

3.     REPRESENTATIONS  AND  WARRANTIES  OF  THE  COMPANY

The Company hereby represents and warrants to each of the Purchasers as follows:

3.1     Organization,  Subsidiaries,  Good Standing, Qualification and Power and
Authority.  The  Company  is  a  corporation  duly  organized,  validly
existing and in good standing under the laws of the State of Nevada. The Company
has  all  requisite  corporate  power  and  authority  to  own  and
operate  its  properties  and assets and to carry on its  business  as presently
conducted  and  as presently proposed to be conducted,  and is duly qualified to
do  business  and  is  in  good  standing  as  a  foreign  corporation  in  each
jurisdiction  in which the failure to so qualify would  have a material  adverse
effect  on its  business,  properties, prospects  or  financial  condition.  The
Company  has  all  requisite  corporate  power and authority  (a) to execute and
deliver  this  Agreement, the Debentures, the Warrants and the other agreements,
instruments  and  documents  contemplated  to  be  executed  and delivered by it

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pursuant  to  this  Agreement (this Agreement, the Debentures, and the Warrants,
and  such  other  agreements  instruments  and  documents  being herein sometime
collectively  referred  to  as, the  "Transaction Documents"),  (b) to issue and
sell  the  Debentures  and  to  issue  the shares of the Company's  Common Stock
issuable  upon  conversion of the Debentures  (the  "Conversion  Shares"),    to
issue  and  sell  the  Warrants  and  to  issue  the  shares  of  the  Company's
Common  Stock    issuable  upon exercise of the Warrants (the "Warrant Shares"),
and  (d)  to carry out the other  provisions of the Transaction  Documents.  The
Company  has no subsidiaries or affiliates other than E-Com Consultants (Canada)
Corp., a British Columbia corporation  ("Subsidiary"), and does not, directly or
indirectly,  own  any interest in or control any corporation, partnership, joint
venture,  or  other  business  entity.

3.2     Capitalization.  All  issued  and outstanding shares of the Common Stock
of  the  Company  have  been  duly  authorized  and  validly  issued  and  are
fully  paid  and  non-assessable.  The  issued  and  outstanding  capital  stock
of  the  Company  immediately  prior  to  the  Closing  will  be  as  set  forth
on  Schedule  3.2  attached  hereto  and  incorporated  by  reference  herein.

3.3     Authorization;  Binding  Obligations.  All  corporate action on the part
of  the  Company,  its  officers,  directors  and  shareholders  necessary  for
the  authorization  of  the  Transaction  Documents  and  the  performance  of
all  of  its  obligations  thereunder  and  for  the  authorization,  sale,
issuance  and  delivery  of  the  Debentures,  the  Warrants,  the  Conversion
Shares  and  the  Warrant  Shares  has  been  taken  or  will  be taken prior to
the  Closing.  The  Conversion  Shares  and  the  Warrant  Shares  have  been or
will  prior  to  the  Closing  be  duly  and  validly  reserved  for  issuance
and,  when  issued  upon  conversion  of  the  Debentures  or  upon  the
exercise  of  the  Warrants,  as  the  case  may  be,  will  be  validly issued,
fully  paid  and  non-assessable.  The  Company  shall  take  all  such  action
as  may  be  necessary  to  assure  that  an  adequate  number  of  shares  of
Common  Stock  is  authorized  and  reserved  for  issuance  of  the  Conversion
Shares  and  the  Warrant  Shares.  This  Agreement  has  been  duly  authorized
and  executed  by  the  Company.  This  Agreement  constitutes,  and  the
Debentures,  the  Warrants  and  the  other  Transaction  Documents  will  once
executed  constitute,  valid,  legal  and  binding  obligations  of  the
Company  enforceable  in  accordance  with  their  terms,  except  to  such
limitations  as  may  result  from  any  applicable  bankruptcy,  insolvency,
reorganization,  moratorium  or  other  similar  laws  relating  to  or
affecting  the  enforcement  of  creditors'  rights  generally.

<PAGE>

3.4     No  Real  Property. The Company does not own or have any interest in any
real  estate.

3.5     Consents  and  Approvals.  Except  as  required by the Securities Act of
1933,  as  amended  (the  "Securities  Act"),  the  Securities  Exchange  Act
of  1934,  as  amended
(the  "Exchange  Act")  and  any  applicable  state  securities  laws,  no
filings  with,  notices  to,  or  approvals  of  any  governmental  or
regulatory  body  are  required  to  be  obtained  or  made  by  the  Company in
connection  with  the  consummation  of  the  transactions  contemplated
hereby.

3.6     No  Violations.  The  execution  and  delivery  of this  Agreement,  the
Debentures,  the  Warrants  or  the  other  Transaction  Documents  and  the
performance  by  the  Company  of  its  obligations  hereunder  and  thereunder
(a)     do  not  and  will  not  conflict  with  or violate any provision of the
Company's  Articles  of  Incorporation  or  bylaws,  and  (b)  do  not  and will
not  (i)  conflict  with  or  result  in  a  breach  of  the  terms,  conditions
or  provisions  of,  (ii)  constitute  a  default  under,  (iii)  result  in the
creation  of  any  encumbrance  upon  the  capital  stock  or  assets  of  the
Company  pursuant  to,  (iv)  give  any  third  party  the  right  to  modify,
terminate  or  accelerate  any  obligation  under,  (v)  result  in  a
violation  of,  or  (vi)  require  any  authorization,  consent,  approval,
exemption  or  other  action  by  or  notice  to  any  court  or  administrative
or  governmental  body  or  other  third  party  pursuant  to,  any  law,
statute,  rule  or  regulation  or  any  agreement  or  instrument  or  any
order,  judgment  or  decree  to  which  the  Company  is  subject  or  by which
any  of  its  assets  are  bound  except  for  such  consents  which  have  been
obtained  by  the  Company.

3.7     Compliance  with  Laws. The business of the Company to its knowledge has
been  conducted  in  compliance  with  all  applicable  laws  and  regulations
of  governmental  authorities,  except  for  such  violations  that  have  been
cured  or  that,  individually  or  in  the  aggregate,  may  not  reasonably be
expected  to  have  a  material   adverse   effect  on  the  business,
operations,  financial  condition  or  prospects  of  the  Company.  To  the
Company's  knowledge,  neither  the  real  or  personal  properties  leased,
operated  or  occupied  by  the  Company,  nor  the  use,  operation  or
maintenance  thereof  (i)  violates  any  applicable  laws,  or  regulations
of  any  government  or  governmental  authorities,  or  (ii)  violates  any
restrictive  or  similar  covenant,  agreement,  commitment,  understanding
or  arrangement.

3.8     Licenses;  Permits;  Related  Approvals.  The  Company  to its knowledge
possesses  all  licenses,  permits,  consents,  approvals,  authorizations,
qualifications,   and  orders  of  all  governments  and  governmental
authorities  legally  required  to  enable  the  Company  to  conduct  its
business  in  all  jurisdictions  in  which  such  business  is  conducted.

3.9     Title  to  Assets.  Except as set forth on Schedule 3.9 attached  hereto
and  incorporated  by  reference  herein,  the  Company  to  its  knowledge  has
good  and  marketable  title  to  its  property  and  assets  free  and clear of
all  mortgages,   security   interests,   liens,   claims,  and  other
encumbrances.  With  respect  to  the  property  and  assets  it  leases,  the
Company  is  in  material  compliance  with  such  leases  and,  to  its
knowledge,  holds  a  valid  leasehold  interest  free  of  any  security
interests,  liens,  claims,  or  other  encumbrances.

<PAGE>

3.10     Defaults.  The  Company  and  its  Subsidiary  is not in default in the
performance,  observance  or  fulfillment  of  any  obligation,  agreement,
covenant,  or  condition
contained  in  any  contract,  indenture,  mortgage,  loan  agreement,  note,
lease  or  other  instrument  to  which  it  is  a  party  or by which it or any
of  its  properties  may  be  bound,  other  than  such  violations  or defaults
that  would  not  individually  or  in  the  aggregate  have  a  material
adverse  effect  on  the  Company's  or  such  Subsidiary's  business,
prospects,  properties,  condition  (financial  or  other),  results  of
operations  or  net  worth.

3.11     Intellectual  Property.  Except  as set forth on Schedule 3.11 attached
hereto  and  incorporated  by  reference  herein,  the  following  statements
are  correct,  other  than  such  exceptions  that  would  not  have  a material
adverse  effect  on  the  Company.  The  Company  owns  or  has  a  license  to
use  all  intellectual  property  used  in  its  business.  The  Company  to its
knowledge  has  not  infringed,  and  is  not  now  infringing,  on  any
proprietary  right  belonging  to  any  other  person,  firm,  or  entity.  The
Company  has  the  exclusive  right  and  authority  to  use  all  of  its
creations  and  inventions,  trade  secrets,  processes,  models,  designs,
software  and  formulas  as  are  necessary  to  enable  the  Company  to
conduct  and  to  continue  to  conduct  all  phases  of  its  business  in  the
manner  presently  conducted  by  it  and  in  accordance  with  the  its
business  plan.  The  Company  is  the  sole  owner  of  its  trade  secrets,
free  and  clear  of  any  liens,  encumbrances,  restrictions,  or  legal  or
equitable  claims  of  others  and  the  Company  has  taken  all  reasonable
security  measures  to  protect  the  secrecy,  confidentiality,  and  value
of  these  trade  secrets.  Any  of  the  Company's  employees  and  any  other
persons  who,  either  alone  or  in  concert  with  others,  developed,
invented,  discovered,  derived,  programmed,  or  designed  these  secrets,
or  who  have  knowledge  of  or  access  to  information  relating  to  them,
have  assigned  and  transferred  their  rights  to  such  trade  secrets  to
the  Company  and  each  such  person  has  been  put  on  notice  and,  if
necessary,   has  entered  into  agreements  that  these  secrets  are
proprietary  to  the  Company  and  are  not  to  be  divulged  or  misused.

3.12     Proprietary  Rights.  The  Company has not received any  communications
alleging  that  it  has  violated  or,  by  conducting  its  business  as
proposed  would  violate,  any  proprietary  rights  of  any  other  person,
and  the  Company  is  not  aware  of  any  basis  for  the  foregoing.

3.13     No  Litigation.  There is no action,  suit or proceeding pending or, to
the  knowledge  of  the  Company,  threatened  against  or  affecting  the
Company,  its  Subsidiary  or  any  of  their  properties  or  rights  before
any  court  or  by  or  before  any  governmental  body  or  arbitration  board
or  tribunal,  and  the  Company  and  its  Subsidiary  are  not  in  default
with  respect  to  any  final  judgment,  writ,  injunction,  decree,  rule  or
regulation  of  any  court  or  federal,  state,  local  or  other  governmental
department,  commission,  board,  bureau,  agency  or  instrumentality,
domestic  or  foreign.

<PAGE>

3.14     Financial  Statements;  Undisclosed  Liabilities.  Attached  hereto  as
Schedule 3.14 and  incorporated by reference  herein are copies of the Company's
consolidated  balance  sheet  as of December 31, 1999 and June 30, 2000, and the
Company's  consolidated  statement  of  operations and retained earnings for the
year  ended  December  31,  1999  and  the  period  ended June 30, 2000, and the
Company's  consolidated  statement  of  cash  flows  for the Year ended December
31,  1999  and  the  period  ended  June  30,  2000  (hereinafter  collectively
referred  to  as  the  "Financial Statements").  The Financial Statements are in
accordance  with  the  books  and records of  the Company, are true, correct and
complete and accurately present the Company's financial position as of the dates
set  forth  therein  and the results of the  Company's  operations  and  changes
in  the  Company's  financial  position  for  the  periods  then  ended,  all in
conformity  with  generally  accepted  accounting  principles  applied  on  a
consistent basis during  each  period  and on a basis  consistent  with  that of
prior  periods.  Except  (i)  as disclosed in the Financial Statements,  (ii) as
disclosed  in  this  Agreement, and (iii) as are incurred in the ordinary course
of  the  routine  daily  affairs  of  the  Company's  and  its  Subsidiary's
business,  neither  the  Company  nor  its  Subsidiary  has  any  liabilities or
obligations  of  any  nature  or  kind,  known  or  unknown,  whether  accrued,
absolute,  contingent,  or  otherwise. There is no basis for  assertion  against
the  Company  or  its  Subsidiary  of  any  material
claim,  liability  or  obligation  not  fully  disclosed  in  the  Financial
Statements  or  in  this  Agreement.

3.15     Tax  Matters. The Company and its Subsidiary has duly and timely filed,
or  obtained  extensions  of  time  for  filing,  all  material  tax  returns
required  by  federal,  state  and  local  authorities  (the  "Returns").  All
information  reported  on  the  Returns  is  true,  accurate,  and  complete.
The  Company  is  not  a  party  to,  and  is  not  aware  of,  any  pending  or
threatened  action,  suit,  proceeding,  or  assessment  against  it  for  the
collection  of  taxes  by  any  government.  The  Company  and  its  Subsidiary
has  paid  in  full  all  taxes,  interest,  penalties,  assessments  and
deficiencies  owed  by  it  to  all  taxing  authorities.

4.     REPRESENTATIONS  AND  WARRANTIES  OF  PURCHASERS

Purchasers  each  severally and not jointly hereby  represent and warrant to the
Company  as  follows:

4.1     Requisite  Power  and Authority.  Such Purchaser has all necessary power
and  authority  to  execute  and  deliver  this  Agreement  and  to  carry  out
its  provisions.  All  actions  on  such  Purchaser's  part  required  for  the
lawful  execution  and  delivery  of  this  Agreement  have  been  or  will  be
effectively  taken  prior  to  the  Closing.

<PAGE>

4.2     Investment  Representations.  Such  Purchaser  understands  that none of
the  "Securities"  (collectively  the  Debentures,  the  Warrants,  the
Conversion  Shares  and  the  Warrant  Shares)  to  be  acquired  by  such
Purchaser  has  been  registered  under  the  Securities  Act.  Such  Purchaser
also  understands  that  such  Debenture  and  such  Warrants  are  being
offered  and  sold  pursuant  to  an  exemption  from  registration  contained
in  regulations  under  the  Securities  Act  based  in  part  upon  such
Purchaser's  representations  contained  in  this  Agreement.

4.3      Acquisition   for  Own  Account.   Such  Purchaser  is  acquiring  the
Debentures  and/or  the  Conversion  Shares and the Warrants  and/or the Warrant
Shares  to  be  acquired  by it for its own account for investment only, and not
with  a  view towards their  distribution  in violation of applicable securities
laws.

4.4     Accredited   Investor.   Each  Purchaser  represents  that  it  is  an
"accredited  investor"  within  the meaning of Rule 501(a) of Regulation D under
the  Securities  Act.

4.5     Non-U.S.  Person.  Such  Purchaser  represents,  warrants  and  agrees:

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

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

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

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

(e)     that  the  Securities have not been registered under the Securities Act,
and  the  Purchaser  undertakes  and  agrees  that  it  will  not  offer or sell
the  Securities  unless  such  Securities  are  sold  in  accordance  with
Regulation  S  under  the  Securities  Act,  the  Securities  are  registered
under  the  Securities  Act  and  the  securities  laws  of  all  applicable
states  of  the  United  States,  or  such  Securities  are  sold  pursuant  to
an  available  exemption  from  such  registration  requirements  that  does
not  require  registration  under  the  Securities  Act  or  any  applicable
state  laws  and  regulations  governing  the  offer  and  sale  of  securities.
The  Purchaser  understands  that  the  Company  presently  has  no  obligation
or  present  intention  of  filing  a  registration  statement  under  the
Securities  Act  for  the  Securities;  and
(f)     hedging  transactions  involving  the  Securities  may  not be conducted
unless  in  compliance  with  the  Securities  Act.

<PAGE>

4.6     Such  Purchaser  has  such  knowledge  and  experience  in financial and
business  matters  as  to  be  capable  of  evaluating  the  merits  and  risks
of  an  investment  in  the  Debenture,  the  Warrants,  the  Debenture  Shares
and  the  Warrant  Shares  and  it  is  able  to  bear  the  economic  risk  of
loss  of  its  entire  investment.

4.7     The  Company  has  provided to such  Purchaser  the  opportunity  to ask
questions  and  receive  answers  concerning  the  terms  and  conditions  of
the  Offering  and  it  has  had  access  to  such  information  concerning  the
Company  as  it  has  considered  necessary  or  appropriate  in  connection
with  its  investment  decision  to  acquire  the  Securities.

4.8     Such   Purchaser   understands   and  agrees  that  the   certificates
representing  the  Securities  will  bear  a  legend  stating  that  such shares
have  not  been  registered  under  the  Securities  Act  or the securities laws
of any state of the United States and may not be offered for sale or sold unless
registered under the Securities Act and the  securities  laws of all  applicable
states  of  the  United  States  or  an  exemption  from  such  registration
requirements  is  available.

4.9     Such  Purchaser  consents  to  the  Company  making  a  notation  on its
records  or  giving  instructions  to  any transfer Purchasers of the Company in
order  to  implement  the  restrictions  on  transfer  set  forth  and described
herein.

4.10     Such   Purchaser   acknowledges   the   Company   is  relying  on  the
representations,  warranties  and  agreements  of  the  Purchaser  and that this
offering  is  being  made  in  reliance  on  the  exemption  from  registration
provided  by  Regulation  S  of  the  Securities  Act  and  Section  4(2) of the
Securities  Act,  as  interpreted  by  Rule  506  of  Regulation  D  under  the
Securities  Act.

5.     REGISTRATION  RIGHTS  RELATING  TO  CONVERSION  SHARES AND WARRANT SHARES

5.1     Definitions.  As  used in this Article 5, the following terms shall have
the  following  respective  meanings:

     (a)     "Equity  Securities"  means  (i)  any  securities  of  the  Company
entitled
to  participate  with  the  Common  Stock  in  a  distribution  of  the
Company's  remaining  assets  (after  distribution  to  all  holders  of
securities  entitled  to  such  distribution  in  priority  to  the  holders  of
Common  Stock)  and  (ii)  any  securities  convertible  into  or  exercisable
or  exchangeable  for  securities  of  the  type  referred  to  in  Section
5.1(a)(i).

(b)      "Public  Offering"  shall mean an underwritten  public offering (with a
nationally  recognized  underwriter)  of  Common  Stock  pursuant  to  an
effective  registration  statement  under  the  Securities  Act.

<PAGE>

(c)     "Public  Sale"  means any sale of  Registrable  Securities to the public
pursuant  to  an  offering  registered  under  the  Securities  Act  or  to  the
public  through  a  broker,  dealer  or  market  maker  pursuant  to  the
provisions  of  Rule  144.

(d)  "registers,"   "registered,"  and  "registration"  shall  refer  to  a
registration  effected  by  preparing  and  filing  a  registration  statement
in  compliance  with  the  Securities  Act  and  the  declaration  or  ordering
of  the  effectiveness  of  such  registration  statement  by  the  SEC.

(e)  "Registrable  Securities"  shall  mean  (i)  the  Conversion  Shares,  (ii)
the  Warrant  Shares,  if  the  Warrants  are  exercised  and  (iii)  any shares
of  Common  Stock  or  Equity  Securities  issued  as  a  dividend  or  other
distribution  with  respect  to  or  in  exchange  for  or  in  replacement  of
the  Conversion  Shares  or  the  Warrant  Shares,  provided,  however,  that
Registrable  Securities  shall  not  include  any  such  shares  or  Equity
Securities  that  have  previously  been  registered  under  the  Securities
Act  or  that  have  otherwise  been  sold  to  the  public  in  an  open-market
transaction  under  Rule  144.

(f)  "Registration Expenses" shall mean all expenses incurred in connection with
       effecting  any  registration  pursuant  to  this  Agreement,  including
without  limitation  all  registration,  qualification  and  filing  fees,
printing  expenses,  escrow  fees,  fees  and  disbursements  of  counsel  for
the  Company,  blue  sky  fees  and  expenses,  expenses  of  any  regular  or
special  audits  incident  to  or  required  by  any  such  registration,  and
the  fees  and  expenses  of  one  counsel  for  the  selling  holders  of
Registrable  Securities,  but  excluding  Selling  Expenses.

(g)  "Rule  144"  shall  mean  Rule  144  as  promulgated  by  the SEC under the
Securities  Act,  as  such  Rule  may  be  amended  from  time  to  time, or any
similar  successor  rule  that  may  be  promulgated  by  the  SEC.

(h)  "SEC"  shall  mean  the  Securities  and  Exchange  Commission or any other
     federal  agency  at  the  time  administering  the  Securities  Act.

(i)  "Selling  Expenses"  shall  mean  all  stock  transfer taxes,  underwriting
discounts,  expenses  for  special  counsel  of  a  selling  stockholder  and
selling  commissions  applicable  to  the  sale  of  Registrable  Securities.

<PAGE>

5.2     Piggyback  Registrations.

     (a)     Request  for Inclusion.  If the Company shall determine to register
any
of  its  securities  for  its  own  account  or  for  the  account  of  other
security  holders  of  the  Company  on  any  registration  form  in  a  Public
Offering  or  other  registration  of  Equity  Securities  (other  than  a
registration  relating  to  either  Form  S-4  or  S-8),  which  permits  the
inclusion  of  Registrable Securities (a "Piggyback Registration"),  the Company
will  promptly  give  Purchasers,  as  set  forth  in Section 8.2 written notice
thereof  (the  "Registration  Notice")  and,  subject  to Section 5.2(c),  shall
include  in  such  registration  all  of  the  Registrable
Securities  requested  to  be  included  therein  pursuant  to  the  written
request  of  Purchasers  received  within  thirty  (30)  days after  delivery of
     the  Company's  notice.

     (b)  Underwriting. If the Piggyback Registration relates to an underwritten
     Public  Offering,  the Company  shall so advise Purchasers as a part of the
written  notice  given  pursuant  to  Section  5.2(a).  In  such  event,  the
right  of  any  holder  of  Registrable  Securities  to  participate  in  such
registration  shall  be  conditioned  upon  such  holder's  participation  in
such  underwriting  in  accordance  with  the  terms  and  conditions  thereof.
Purchasers  shall  be  responsible   for  answering  that  all  holders  of
Registrable   Securities  proposing  to  distribute  their  securities
through  such  underwriting  enter  into  an  underwriting  agreement  in
customary  form  with  the  underwriter  or  underwriters  selected  by  the
Company.

      (c)     Priorities.  If  such  proposed  Piggyback  Registration  is  an
underwritten
offering  and  the  managing  underwriter  for  such  offering  advises  the
Company  that  the  amount  of  securities  requested  to  be  included  therein
exceeds  the  amount  of  securities  that  can  be  sold  in  such offering, or
if  the  Company  and  the  managing  underwriter  shall  in  good  faith
determine  to  reduce  the  number  of  shares  to  be
offered  by  the  Company  pursuant  to  a  reasonable  assessment  of  market
conditions  (an  "Underwriter's  Cutback"),  (i)  the  number  of  Registrable
Securities  requested  to  be  included  in  such  Piggyback  Registration,
(ii)     the  number  of  securities  determined  by  the  directors  of  the
Company  in  good  faith  to  be  sold  by  the  Company,  and  (iii) the number
of  securities,  if  any,  to  be  sold  by  any  other  security holders of the
Company  exercising  demand  registration  rights,  if  any,  in  such
offering,  shall  each  be  reduced  pro  rata  among  the  holders  on  the
basis  of  the  percentage  of  the  outstanding  Common  Stock  held  by  such
holders  (assuming  the  complete  conversion  of  the  Debenture  and  the
exercise  in  full  of  the  Warrant  and  any  other  options,  warrants  and
similar  rights  held  by  such  holders).  Notwithstanding  the  foregoing,
in  no  event  shall  the  Underwriter's  Cutback  reduce  the  number  of
Registrable  Securities  included  in  such  Public  Offering  or  other
registration  of  Equity  Securities  to  less  than  fifty  percent  (50%)  of
the  Registrable  Securities  held  by  Purchasers  on  the  date  of  the
Registration  Notice.

5.3     Expenses  of  Registration.  Except as provided in this Section 5.4, the
Company  shall  bear  all  Registration  Expenses  incurred  in  connection
with  any  Piggyback  Registrations.  All  Selling  Expenses  incurred  by  the

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Company  relating  to  Registrable  Securities  included  in  any  Piggyback
Registration,  shall  be  reimbursed  by  each  Purchaser,  pro  rata  based  on
the  number  of  Registrable  Securities  being  registered  on  their  behalf.

5.4     Registration  Procedures.  In  the case of each registration effected by
the  Company  pursuant  to  this  Article  5,  the Company  will keep Purchasers
advised  in  writing  as  to  the  initiation  of  such  registration  and as to
the  completion  thereof.  The  Company  will  use  its  reasonable  efforts
to:

      (a)     cause  such  registration  to  be  declared  effective by the SEC;
      (b)      prepare and file with the SEC such  amendments and supplements to
such
     registration  statement  and  the  prospectus  used in connection with such
registration  statement  (including  post-effective  amendments)  as  may  be
necessary  to  comply  with  the  provisions  of  the  Securities  Act  and  the
Exchange  Act  with  respect  to  the  disposition  of  all  securities  covered
by  such  registration  statement;
      (c)  obtain  appropriate  qualifications  of  the  securities  covered  by
such
registration  under  state  securities  or  "blue  sky"  laws  in  such
jurisdictions  as  may  be  requested  by  Purchasers;
     (d)     furnish  such  number  of  prospectuses  and  other  documents
incident
thereto,  including  any  amendment  of  or  supplement  to  the  prospectus,
as  Purchasers  from  time  to  time  may  reasonably  request;
      (e)     notify  Purchasers  at  any  time  when  a  prospectus  relating
thereto  is
required  to  be  delivered  under  the  Securities  Act,  of  the  happening of
any  event  as  a  result  of  which  the  prospectus  included  in  such
registration   statement,  as  then  in  effect,  includes  an  untrue
statement  of  a  material  fact  or  omits  to  state  a  material  fact
required  to  be  stated  therein  or  necessary  to  make  the  statements
therein  not  misleading  or  incomplete  in  the  light  of  the  circumstances
then  existing,  and  at  the  request  of  Purchasers,  prepare  and furnish to
Purchasers  a  reasonable  number  of  copies of a supplement to or an amendment
of  such  prospectus  as  may  be  necessary  so  that,  as  thereafter
delivered  to  Purchasers  of  such  shares,  such  prospectus  shall  not
include  an  untrue  statement  of  a  material  fact  or  omit  to  state  a
material  fact  required  to  be  stated  therein  or  necessary  to  make  the
statements  therein  not  misleading  or  incomplete  in  the  light  of  the
circumstances  then  existing;  cause  all  Registrable  Securities  covered
by  such  registration  to  be  listed  on  each  securities  exchange  or
inter-dealer  quotation  system  on  which  similar  securities  issued  by
the  Company  are  then  listed;
      (f)     provide  a  transfer  Purchasers and registrar for all Registrable
Securities
covered  by  such  registration  and,  if necessary, a CUSIP number for all such
Registrable  Securities,  in each case not later than the effective date of such
registration;

<PAGE>

      (g)     otherwise  comply with all applicable rules and regulations of the
SEC,
and  make  available  to  its  security  holders,  as  soon  as  reasonably
practicable,  an  earnings  statement  covering  the  period  of  at  least  12
months,  but  not  more  than  18  months,  beginning  with  the  first  month
after  the  effective  date  of  the  registration  statement,  which  earnings
statement  shall  satisfy  the  provisions  of  Section 11(a)  of the Securities
Act;  and

5.5     Indemnification.

      (a)     The  Company  will  indemnify  each  Purchaser,  each  of  such
Purchaser's
officers  and  directors,  and  each  person  controlling  such  Purchaser
within  the  meaning  of  Section  15  of  the  Securities  Act,  with  respect
to  each  registration,  qualification  or  compliance  effected  pursuant  to
this  Article  5  or  otherwise,  against  all  expenses,  claims,  losses,
damages  and  liabilities  (or  actions,  proceedings  or  settlements  in
respect  thereof)  arising  out  of  or  based  on  any  untrue  statement  (or
alleged  untrue  statement)  of  a  material  fact  contained  in  any
prospectus,  offering  circular  or  other  document  (including  any  related
registration  statement,  notification  or  the  like)  incident  to  any  such
registration,  qualification  or  compliance,  or  based  on  any  omission
(or  alleged  omission)  to  state  therein  a  material  fact  required  to  be
stated  therein  or  necessary  to  make  the  statements  therein  not
misleading,  or  any  violation  by  the  Company  of  the  Securities  Act
applicable  to  the  Company  and  relating  to  action  or  inaction  required
of  the  Company  in  connection  with  any  such  registration,  qualification
or  compliance,  and  will  reimburse  each  such  indemnified  person  for  any
legal  and  any  other  expenses  reasonably  incurred  in  connection  with
investigating  and  defending  or  settling  any  such  claim,  loss,  damage,
liability  or  action;  provided,  however,  that  the  Company  will  not  be
liable  in  any  such  case  to  the  extent  that  any  such  claims,  loss,
damage,  liability  or  expense  arises  out  of  or  is  based  on  any  untrue
statement  or  omission  based  upon  written  information  furnished  to  the
Company  by  such  Purchaser  and  stated  to  be  specifically  for  use
therein.  It  is  agreed  that  the  indemnity  agreement  contained  in  this
Section  5.5(a)  shall  not  apply  to  amounts paid in  settlement  of any such
loss,  claim,  damage,  liability  or  action  if  such  settlement  is effected
without  the  consent  of  the  Company  (which  consent  has  not  been
unreasonably  withheld).
      (b)     Each  of  the  Purchasers,  to  the  extent  it  is  a  holder  of
Registrable
Securities  included  in  any  registration  effected  pursuant  to  this
Article  5,  shall  indemnify  the  Company,  each  of  its  directors,
officers,  Purchasers,  employees  and  representatives,  and  each  person  who
controls  the  Company  within  the  meaning  of  Section  15  of  the
Securities  Act,  against  all  claims,  losses,  damages  and  liabilities  (or

<PAGE>

actions in respect  thereof) arising out of or based on any untrue statement (or
alleged  untrue  statement)  of  a  material  fact  contained  in  any  such
registration  statement,  prospectus,  offering  circular  or other document, or
any  omission (or alleged omission) to state therein a material fact required to
be  stated  therein  or necessary to make the statements therein not misleading,
and  will  reimburse  such  indemnified  persons  for  any  legal  or  any other
expenses  reasonably  incurred in connection  with  investigating  or  defending
any such claim,  loss, damage,  liability or action, in each case to the extent,
but  only  to  the  extent,  that  such  untrue  statement  (or  alleged  untrue
statement)  or  omission  (or  alleged  omission)  is  made  in  such
registration  statement,  prospectus,  offering  circular  or  other document in
reliance  upon and in strict  conformity with written  information  furnished to
the Company by Purchasers on behalf of such Purchaser;  provided,  however, that
(x)  such  Purchaser shall not be liable  hereunder for any amounts in excess of
the net proceeds  received by such Purchaser  pursuant to such registration, and
(y)  the  obligations  of  such  Purchaser hereunder shall not apply to  amounts
paid  in  settlement  of  any  such  claims,  losses, damages or liabilities (or
actions  in respect thereof) if such settlement is effected  without the consent
of  such  Purchaser  (which  consent  has  not  been  unreasonably  withheld).
      (c)     Each  party  entitled to  indemnification  under this  Section 5.5
(the
"Indemnified  Party")  shall  give  notice  to  the  party  required  to
provide  indemnification  (the  "Indemnifying  Party")  promptly  after  such
Indemnified  Party  has  actual  knowledge  of  any  claim  as  to  which
indemnity  may  be  sought,  and  shall  permit  the  Indemnifying  Party  to
assume  the  defense  of  any  such  claim  or  any  litigation  resulting
therefrom,  provided  that  counsel  selected  by  the  Indemnifying  Party,
who  shall  conduct  the  defense  of  such  claim  or  any  litigation
resulting  therefrom,  shall  be  approved  by  the  Indemnified  Party  (whose
approval  shall  not  unreasonably  be  withheld),  and  the  Indemnified
Party  may  participate  in  such  defense  at  such  party's  expense,  and
provided  further  that  the  failure  of  any  Indemnified  Party  to  give
notice  as  provided  herein  shall  not  relieve  the  Indemnifying  Party  of
its  obligations  under  this  Section  5.5  to  the  extent  such  failure  is
not  prejudicial.  No  Indemnifying  Party  in  the  defense  of  any  such
claim  or  litigation  shall,  except  with  the  consent  of  each  Indemnified
Party,  consent  to  entry  of  any  judgment  or  enter  into  any  settlement
which  does  not  include  an  unconditional  release  of  such  Indemnified
Party  from  all  liability  in  respect  to  such  claim  or  litigation.  Each
Indemnified  Party  shall  furnish  such  information  regarding  itself  or
the  claim  in  question  as  an  Indemnifying  Party  may  reasonably  request
in  writing  and  as  shall  be  reasonably  required  in  connection  with
defense  of  such  claim  and  litigation  resulting  therefrom.
     (d)     If  the  indemnification  provided  for in this Section 5.5 is held
by  a
court  of  competent  jurisdiction  to  be  unavailable  to  an  Indemnified
Party  with  respect  to  any  loss,  liability,  claim,  damage  or  expense
referred  to  therein,   then  the  Indemnifying  Party,  in  lieu  of
indemnifying  such  Indemnified  Party  hereunder,  shall  contribute  to  the
amount  paid  or  payable  by  such  Indemnified  Party  as  a  result  of  such
loss,  liability,  claim,  damage  or  expense  in  such  proportion  as  is
appropriate  to  reflect  the  relative  fault  of  the  Indemnifying  Party  on
the  one  hand  and  of  the  Indemnified  Party  on  the  other  in  connection
with  the  statements  or  omissions  which  resulted  in  such  loss,
liability,  claim,  damage  or  expense  as  well  as  any  other  relevant
equitable  considerations.  The  relative  fault  of  the  Indemnifying  Party
and  of  the  Indemnified  Party  shall  be  determined  by  reference  to,
among  other  things,  whether  the  untrue  or  alleged  untrue  statement  of

<PAGE>

a  material  fact  or  the  omission  to  state  a  material  fact  relates  to
information  supplied  by  the  Indemnifying  Party  or  by  the  Indemnified
Party  and  the  parties'  relative  intent,   knowledge,   access  to
information  and  opportunity  to  correct  or  prevent  such  statement  or
omission.
      (e)     Notwithstanding  the  foregoing,  to  the  extent  that  the
provisions  on
indemnification   and   contribution   contained  in  an  underwriting
agreement  entered  into  in  connection  with  an  underwritten  public
offering  are  in  conflict  with  the  foregoing  provisions,  the  provisions
in  the  underwriting  agreement  shall  control.

5.6     Other  Obligations.  With  a  view to making  available  the benefits of
certain  rules  and  regulations  of  the  SEC  which  may  effectuate  the
registration   of  Registrable   Securities  or  permit  the  sale  of
Registrable  Securities  to  the  public  without  registration,  the  Company
agrees  to:

      (a)     after  its initial registration under the Securities Act, exercise
best
efforts  to  cause  the  Company  to  be  eligible  to  utilize  Form  S-3  (or
any  similar  form)  for  the  registration  of  Registrable  Securities;
      (b)     at  such  time  as  any  Registrable  Securities  are eligible for
transfer
under  Rule  144(k),  upon  the request of Purchasers on behalf of the holder of
such  Registrable  Securities,  promptly  remove any restrictive legend from the
certificates  evidencing  such  securities,  at  no  cost  to Purchasers or such
holder  where  such  holder  is  a  Purchaser  hereunder,  and  at  the  cost of
Purchasers  in  any  other  case;
      (c)     make and keep  available  public  information  as  defined in Rule
144
under  the  Securities  Act  at  all  times  from  and  after  its  initial
registration  under  the  Securities  Act;
      (d)     file  with  the  SEC  in  a  timely  manner  all reports and other
documents
required  of  the  Company  under  the  Securities  Act  and  the  Exchange  Act
at  any  time   after  it  has  become   subject  to  such   reporting
requirements;  and
      (e)     furnish  Purchasers  upon  request  a  written  statement  by  the
Company  as  to
its  compliance  with  the  reporting  requirements  of  Rule  144  (at  any
time  following  the effective date of the first  registration  statement  filed
by  the
Company  under  the  Securities  Act  for  an  offering  of  its  securities  to
the  general  public),  and  of  the  Securities  Act  and  the  Exchange  Act
(at  any  time  after  it  has  become   subject  to  such   reporting
requirements),  a  copy  of  the  most  recent  annual  or  quarterly  report of
the  Company,  and  such  other  reports  and  documents  as  a  holder  of
Registrable  Securities  may  reasonably  request  in  availing  itself  of
any  rule  or  regulation  of  the  Commission  (including  Rule  144A)
allowing  a  holder  of  Registrable   Securities  to  sell  any  such
securities  without  registration.

5.7     Termination  of  Registration  Rights.  The  right  of  Purchasers  to
request
inclusion  of  Registrable  Securities  in  any  registration  pursuant  to
this  Article  5  shall  terminate  at  the  date  that  is  the earlier of: (a)
that  date  that  all  Registrable  Securities  have  been  registered  under

<PAGE>

the  Securities  Act  has  or  otherwise  been  sold  to  the  public  in  an
open-market  transaction  under  Rule  144;  and  (b)  the  earlier  of  (i) the
fifth  anniversary  of  the  Closing  Date,  and  (ii)  the  first  anniversary
of  the  date  on  which  the  last  Registrable  Securities  obtainable  by
each  Purchaser  have  been  obtained  by  conversion  or  exercise  of  such
Purchaser's  Debenture  or  Warrant,  as  applicable.

6.     CONDITIONS  PRECEDENT  TO  PURCHASERS'  OBLIGATIONS

The  obligation  of  Purchasers  to  purchase and pay for the Debentures and the
Warrants  to  be  delivered  to  it  at  the  Closing  shall  be  subject to the
satisfaction  of  the  following  conditions  as  of  the  Closing  Date:
6.1     the  representations  and  warranties  of  the Company contained in this
Agreement,  the  Debenture  and  the  Warrant  shall  be  true  and  correct  on
and  as  of  the  Closing  Date.

7.     COMPANY  COVENANTS  AND  PURCHASER  COVENANTS.

7.1     Company   Covenants.   The  Company  covenants  and  agrees  with  the
Purchasers  that:
       (a)     Reservation  of  Common Stock.  The Company will reserve and keep
available  that  maximum  number  of  its  authorized  but  unissued  Common
Stock  as  may  be  required  for  the  issuance  of  Conversion  Shares and the
Warrant  Shares.
       (b)     Security  Interests  in  Software.  The  Company will not grant a
security
interest  or  encumber  any  of  its  properties  or  assets  which  are
material  individually  or  in  the
aggregate,  to  its  and  its  business,  taken  as  a  whole,  to  secure  the
repayment  of  debt  in  excess  of  $50,000,  except  in  the  ordinary  course
of  business  consistent  with  past  practice,  without  the  expressed
written  consent  of  the  Purchasers,  which  shall  not  be  unreasonably
withheld.

7.2     Purchaser  Covenants.  Each  of  Purchasers  covenants  and  agrees with
Purchasers  that  it  will  not  either  directly  or  indirectly  take  any
short  position  or  hedge  position  in  the  Company's  Common  Stock  until
all  of  the  Purchasers  have  converted  all  of  the  Debentures  into
Debenture  Shares  and  exercised  all  of  the  Warrants  for  Warrant  Shares,
nor  will  any  Purchaser  make  any  promissory  notes  and/or  pledges  to
that  effect  on  the  Company's  Common  Stock.

<PAGE>

8.     MISCELLANEOUS

8.1     Currency.  Except  as  may be otherwise expressly  provided,  all dollar
amounts  herein  are  references  to  United  States  dollars.

8.2     Governing  Law.  This  Agreement  shall be governed by the internal law,
and  not  the  law  of  conflicts,  of  the  State  of  Nevada.

8.3     Survival.  The  representations,  warranties,  covenants  and agreements
made  herein  shall  survive  any  investigation  made  by  or  on  behalf  of
the  Purchasers  and  the  closing  of  the  transactions  contemplated
hereby.  All  statements  as  to  factual  matters  contained  in  any
certificate  or  other  instrument  delivered  by  or on  behalf  of the Company
pursuant   hereto  in  connection   with  the   transactions  contemplated
hereby  shall  be  deemed  to  be  representations  and
warranties  by  the  Company  hereunder  solely  as  of  the  date  of  such
certificate  or  instrument.

8.4     Successors  and  Assigns.  Neither Purchaser shall be entitled to assign
its  rights  under  this  Agreement  or  any  of  the  other  Transaction
Documents,  without  the  consent  of  the  Company,  which  consent  shall  not
be  unreasonably  withheld  or  delayed;  provided  always,  however,  that  no
such  consent  shall  be  required  for  either  Purchaser  to  assign  such
rights  to  any  person  or  group  of  persons  controlling  or  owning  the
majority  of  all  beneficial  interests  in  such  Purchaser,  any  other
entity  controlled  by  such  person  or  persons,  or  an  entity  controlled
by  such  Purchaser,  provided  that  such  entity  shall  continue  to  be  so
controlled  by  such  persons  or  such  Cutters  applicable.  The  provisions
hereof  shall  inure  to  the  benefit  of,  and  be  binding  upon,  the
successors,  permitted  assigns,  heirs,  executors  and  administrators  of
the  parties  hereto.

8.5     Entire  Agreement;  Amendment  and Waiver. This Agreement, the Schedules
and  Exhibits  hereto  and  the  other  documents  expressly  delivered
pursuant  hereto  or  thereto  supersede  any  other  agreement,  whether
written  or  oral,  that  may  have  been  made  or  entered  into  by  the
parties  hereto  relating  to  the  matters  contemplated  hereby,  and
constitute  the  full  and  entire  understanding  and  agreement  between  the
parties  with  regard  to  the  subjects  hereof  and  thereof,  and  no  party
shall  be  liable  or  bound  to  any  other  in  any  manner  by  any
representations,   warranties,  covenants  and  agreements  except  as
specifically  set  forth  or  incorporated  by  reference  herein  and  therein.
Neither  this  Agreement  nor  any  term  hereof  may  be  amended,  waived,
discharged  or  terminated  except  by  a  written  instrument  signed  by  the
Company  and  Purchasers.

8.6     Severability.  In  case  any  provision  of  this  Agreement  shall  be
invalid,  illegal  or  unenforceable,   the  validity,   legality  and
enforceability  of  the  remaining  provisions  shall  not  in  any  way  be
affected  or  impaired  thereby.

8.7     Notices.  All  notices  required  or  permitted  hereunder  shall  be in
writing  and  shall  be  deemed  effectively  given:  (i)  upon  personal
delivery  to  the  party  to  be  notified;  (ii)  when  sent  by  confirmed
telex  or  facsimile  if  sent  during  normal  business  hours  of  the
recipient,  if  not,  then  on  the  next  business  day;  (iii)  five  (5) days
after  having  been  sent  by  registered  or  certified  mail,  return  receipt
requested,  postage  prepaid;  or  (iv)  one  (1)  day  after  deposit  with  a
nationally  recognized  overnight  courier,  special  next  day  delivery,
with  verification  of  receipt.  All  communications  shall  be  sent:

<PAGE>

to  the  Company  at:

E-Com  Technologies  Corp.
388-1281  West  Georgia  Street
Vancouver,  BC  V6E  3J7
Attn:  Chief  Financial  Officer
Fax:  (604)  669-8226

with  a  copy  to:

Thomas  C.  Cook  and  Associates  Ltd.
3110  South  Valley  View,  Suite  106
Las  Vegas,  Nevada  89102
Attn:  Thomas  C.  Cook
Fax:  (702)  876-8865

to  Purchasers:

Randal  Rein
1017  North  Road
Coquitlam,  BC  V3J  1R1

Michael  Jorgensen
7362  Laburnum  Street
Vancouver,  BC  V6P  5N3

or  at  such  other  address  as  the  Purchasers  may
designate  by  ten (10) days advance written notice to the other parties hereto.

8.8     Counterparts;  Facsimile.  This  Agreement may be executed in any number
of  counterparts,  each  of  which  shall  be  an  original,  but  all  of which
together  shall  constitute  one  instrument.  This  Agreement  may  be
executed  and  delivered  by  facsimile.

8.9     Broker's  Fees.  Each  party  hereto  represents  and  warrants  that no
Purchasers,  broker,  investment  banker,  person or firm  acting on  behalf  of
or  under  the  authority  of  such  party  hereto is or will be entitled to any
broker's  or  finder's  fee or any other  commission  directly or indirectly  in
connection  with  the
transactions  contemplated  herein.

<PAGE>

IN WITNESS  WHEREOF,  the parties  hereto have executed this Agreement as of the
date  set  forth  in  the  first  paragraph  hereof.

COMPANY:

E-Com  Technologies  Corp.

By:  -------------------------------
Name:  -----------------------------
Title:  ----------------------------

PURCHASERS:

Randal  Rein

By:  -------------------------------
Title:  ----------------------------

     Michael  Jorgensen

By:  -------------------------------
Name:  -----------------------------

<PAGE>
SCHEDULE  3.2
Issued  and  outstanding  shares  of  Common  Stock

12,513,913

<PAGE>

SCHEDULE  3.9
Mortgages,  security  interests, liens, claims, and other encumbrances on assets

NONE

<PAGE>

SCHEDULE  3.11
Intellectual  Property  Exceptions
NONE

<PAGE>

SCHEDULE  3.14
Financial  Statements

<PAGE>

CONVERTIBLE  DEBENTURE

EXHIBIT  A

THIS  DEBENTURE HAS NOT BEEN  REGISTERED  WITH THE UNITED STATES  SECURITIES AND
EXCHANGE COMMISSION (THE "COMMISSION") OR THE SECURITIES COMMISSION OF ANY STATE
PURSUANT TO AN EXEMPTION FROM REGISTRATION  UNDER REGULATION S PROMULGATED UNDER
THE  SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT").  THIS DEBENTURE  SHALL
NOT  CONSTITUTE  AN  OFFER  TO SELL  NOR A  SOLICITATION  OF AN OFFER TO BUY THE
DEBENTURE  IN ANY  JURISDICTION  IN WHICH  SUCH OFFER OR  SOLICITATION  WOULD BE
UNLAWFUL.
THIS DEBENTURE MAY NOT BE SOLD, PLEDGED, TRANSFERRED OR ASSIGNED EXCEPT PURSUANT
TO AN EFFECTIVE  REGISTRATION  STATEMENT UNDER THE 1933 ACT AND UNDER APPLICABLE
STATE  SECURITIES  LAWS, OR IN A TRANSACTION  WHICH IS EXEMPT FROM  REGISTRATION
UNDER THE  PROVISIONS OF THE 1933 ACT AND UNDER  PROVISIONS OF APPLICABLE  STATE
SECURITIES  LAWS.

E-COM  TECHNOLOGIES  CORP.
9%  CONVERTIBLE  DEBENTURE

US$_______                                                     November 15, 2000

E-COM  TECHNOLOGIES  CORP.,  a  Nevada  corporation  (the  "Company"),  the
principal  office  of  which  is  located  at  388-1281  West  Georgia  Street,
Vancouver,  BC,  V6E  3J7,  for  value  received  hereby  promises  to  pay
______________________,  or
its  registered  assigns (the  "Holder"),  the sum of US$________ or such lesser
amount  as shall  then  equal  the  outstanding  principal  amount  hereof  (the
"Principal  Amount") and any unpaid accrued interest hereon,  (together with the
Principal  Amount, the "Outstanding Amount") as set forth below, on November 15,
2005,
(the "Maturity  Date").  Payment for all amounts due hereunder  shall be made by
mail to the registered address of the Holder. This 9% Convertible Debenture (the
"Debenture") is issued pursuant to that Debenture and Warrant Purchase Agreement
between  the  Company  and  certain  purchasers  dated  as of November 15,  2000
(the
"Purchase  Agreement").

<PAGE>

The  following is a statement of the rights of the Holder of this  Debenture and
conditions to which this  Debenture is subject,  and to which the Holder hereof,
by  the  acceptance  of  this  Debenture,  agrees:
1.     Definitions.  As  used  in this Debenture,  the following  terms,  unless
the
context  otherwise  requires,  have  the  following  meanings:

(i)     "Average  Closing  Price"  shall  mean  the  average  of  the  three
lowest  consecutive  closing bid prices of the Common Stock on the NASD Over The
Counter Bulletin Board ("OTCBB") or such other public market or exchange that is
the primary  public market for such Common Stock as quoted by Bloomberg L.P. or,
if not reported thereby,  another authoritative source, in the thirty day period
prior  to  the  Conversion  Date.
(ii)     "Closing  Date"  shall  have  the  meaning  given  that  term  in  the
Purchase  Agreement.
(iii)     "Company"  includes  the  Company  and  any  corporation  which  shall
succeed  to  or  assume  the  obligations  of  the Company under this Debenture.
(iv)     "Common  Stock"  shall  mean  the  shares  of  common  stock  of  the
Company.
(v)     "Holder"  when  the  context  refers  to  a  Holder  of this  Debenture,
shall  mean any person  who shall at the time be the  registered  Holder of this
Debenture.
(vi)     "Conversion  Date"  shall  mean,  with  respect  to  each  Conversion,
the date on which the  Holder  delivers  to the  Company a Notice of  Conversion
pursuant to Section 4.1 or the date on which the Company  delivers to the Holder
a  Redemption  Notice  pursuant  to  Section  4.4.
(vii)     "Conversion  Price"  shall  mean  the  lesser  of  (a)  $0.10  and (b)
eighty  percent  (80%)  of  the  Average  Closing  Price.  Notwithstanding  the
foregoing,  the Conversion  Price shall not be less than the minimum  conversion
price  or, if applicable, adjustment price related to any financing in excess of

<PAGE>

US$500,000  by  the Company pursuant to which the Company issues securities that
(i)     are  convertible  into  Common  Stock  or  (ii)  subject to reset and/or
adjustment
by  issuance  of Common  Stock  based on the market  price of Common  Stock (the
"Floor Price").  In no event shall the Floor Price be greater than $1.00. If the
Company completes a subsequent  financing of securities  convertible into Common
Stock at a price per  share  less than the Floor  Price,  the Floor  Price  with
respect to any  outstanding  balance under the Debenture  shall be readjusted to
the  lower  price  per  share  of  Common  Stock  of  such  financing.
(viii)     "Notice  of  Conversion"  shall  mean  the  written  notice  by  the
Holder to the  Company at its  principal  corporate  office of the  election  to
convert any vested portion of this  Debenture,  in whole or in part, into shares
of  Common  Stock,  pursuant  to  Section  4.1.

2.     Interest.

(I)     The  Company  shall  pay  interest  (computed  on  the  basis  of  a
365-day year) at a rate of nine percent (9%) per annum on the Outstanding Amount
during the period beginning on the date of issuance of this Debenture and ending
on the later of the date the  Outstanding  Amount is paid in full or the date of
the  final  conversion  the  Principal  Amount.
(II)     Interest  shall  be  paid  in  Common  Stock  issued at the  Conversion
Price, or at the Company's option,  paid in cash on the later of the date of the
Outstanding  Amount is paid in full or the  final  conversion  of the  Principal
Amount.

3.     Events  of Default.  If one or more of the  following  described  "Events
of
Default"  shall  occur,
     a.     Any  of  the  representations  or  warranties  made  by  the Company
herein,
or in the Purchase Agreement shall have been incorrect when made in any material
respect;  or
b.     The  Company  shall  fail  to perform or observe in any material  respect
any covenant, term, provision, condition, agreement or obligation of the Company
under this Debenture (other than those contained in paragraphs 3.a., 3.c., 3.d.,
3.e.,  and 3.f.  herein)  or the  Purchase  Agreement,  and such  failure  shall
continue  uncured  for a period of ten (10) days after  written  notice from the
Holder specifically describing such failure or, if such failure is by its nature
curable but not curable within thirty (30) days from the date of such notice, if
the Company shall have failed to commence  within such thirty (30) day period in
good  faith to cure such  failure  and shall  have  failed to cure such  failure
within  a  reasonable  time  longer  than  thirty  (30)  days;  or
c.     A  trustee,  liquidator  or receiver shall be appointed by the Company or
for a substantial part of its property or business without its consent and shall
not  be  discharged  within  thirty  (30)  days  after  such  appointment;  or
d.     Any  governmental  agency  or any court of competent  jurisdiction at the
instance of any governmental agency shall assume custody or control of the whole
or any substantial  portion of the properties or assets of the Company and shall
not  be  dismissed  within  thirty  (30)  calendar  days  thereafter;
e.     Bankruptcy  reorganization,  insolvency  or  liquidation  proceedings  or
other  proceedings for relief under any bankruptcy law or any law for the relief
or debtors  shall be  instituted  by or against the Company  and, if  instituted
against  the  Company,  the  Company  shall by any action or answer  approve of,
consent  to  or  acquiesce  in  any  such  proceedings  or  admit  the  material
allegations  of, or default in answering a petition filed in any such proceeding
or  such  proceedings shall not be dismissed within thirty (30) days thereafter;

<PAGE>

f.     If  the  Common  Stock to be issued  pursuant to conversion as set out in
Paragraph  (4) of this  Debenture is not delivered to the Holder within ten (10)
business days, then, or at any time thereafter, and in each and every such case,
unless  such  Event of Default  shall have been  waived in writing by the Holder
(which waiver shall not be deemed to be a waiver of any  subsequent  default) at
the option of the Holder and in the  Holder's  sole  discretion,  the Holder may
consider this Debenture immediately due and payable, without presentment, demand
protest  or notice  of any  kind,  all of which  are  hereby  expressly  waived,
anything  herein or in any note or other  instruments  contained to the contrary
notwithstanding,  and Holder may  immediately,  and  without  expiration  of any
period  of  grace,  enforce  any and all of the  Holder's  rights  and  remedies
provided  herein or any other  rights or remedies  afforded by law. It is agreed
that in the event of such action such Holders of Debentures shall be entitled to
receive  all  reasonable  fees,  costs and  expenses  incurred,  including  with
limitation  such  reasonable  fees and expenses of attorneys  (if  litigation is
commenced).

4.     Conversion.

4.1     Voluntary  Conversion.  The  Principal  Amount of this  Debenture  shall
be
convertible  into Common  Stock,  at the Holder's sole  discretion,  at any time
beginning  May  15,  2001,  in  accordance  with  the  terms of this  Agreement.
Notwithstanding  the foregoing,  if the Company completes an unsecured financing
in  excess  of US$250,000 after May 30, 2001,  the Holder shall not convert more
than  one-third  of the  Principal  Amount in any  30-day  period  (the  "Vested
Principal  Amount" for such period).  If an Event of Default occurs,  the entire
Outstanding  Amount shall be  convertible  immediately  into Common Stock at the
sole  discretion  of  the  Holder.

Common Stock  issuable upon  conversion of the Debenture  will be issued only in
respect to such Vested Principal Amount. The accrued interest payable under this
Debenture shall be added to the Principal  Amount or may be paid in cash, at the
Company's  sole  option.

If the number of  resultant  shares of Common  Stock would as a matter of law or
pursuant  to  regulatory  authority  require  the  Company  to seek  shareholder
approval of such issuance,  the Company shall, as soon as practicable,  take the
necessary  step  to  obtain  such  approval.

This Debenture may not be converted by, or on behalf of, a "U.S. Person" as such
term as defined by  Regulation S under the  Securities  Act of 1933,  as amended
(the  "1933  Act"),  unless  the Common Stock issuable upon exercise thereof has

<PAGE>

been  registered  under the 1933 Act and the  securities  laws of all applicable
states of the United States, or an exemption from such registration requirements
is  available.

4.2          Conversion  Procedure.

(a)     Notice  of  Conversion  pursuant  to  Section  4.1.  The Holder shall be
entitled to convert any Vested Principal Amount of this Debenture in whole or in
part into shares of Common Stock, by giving written notice by way of a Notice of
Conversion  to  the Company at its principal corporate office of the election to
convert  the same  pursuant  to Section 4, and shall  state  therein the name or
names in which the certificate or  certificates  for, shares of Common Stock are
to be issued. Such conversion shall be deemed to have been made on the date that
the Notice of Conversion  and the Debenture is actually sent and received by the
Company  at  its  principal  offices  (each,  a  "Conversion  Date").
(b)     Surrender  of  Debenture. The Holder at its sole expense shall surrender
the  Debenture  and the  signed  Notice of  Conversion  to the  Company,  at the
principal  offices of the  Company.  The person or persons  entitled  to receive
shares of Common Stock  issuable upon such  conversion  shall be treated for all
purposes  as the record  holder or holders  of any such  shares of Common  Stock
immediately  prior to the close of business on the date the Notice of Conversion
and the Debenture is delivered.  A new Debenture  representing  the  Outstanding
amount,  if any,  with respect to which this  Debenture  has not been  converted
shall be delivered to the Holder with the certificate issued pursuant to Section
4.2(c).
(c)     Delivery  of  Stock  Certificates.  As promptly as practicable after the
conversion of this  Debenture  (but in no case later than ten (10) business days
after  receipt  of the  Debenture  and the  signed  Notice of  Conversion),  the
Company,  at its expense,  will issue and deliver by express courier service for
delivery to the Holder of this Debenture a certificate or  certificates  for the
number of full shares of Common Stock issuable upon such conversion, pursuant to
Section  (4.1) of this  Debenture.  In the event that the Common Stock  issuable
upon conversion of the Debenture, is not delivered within ten (10) business days
of the date the Company receives the Debenture and the Notice of Conversion, the
Company shall pay to the Holder,  by wire  transfer,  as liquidated  damages for
such failure and not as a penalty, an amount equal to the difference between (a)
the price of the Common Stock issuable upon conversion of the Debenture pursuant
to the Notice of Conversion  (calculated  as the median price of the closing bid
and offer price on the 11th day as reported by Bloomberg L.P.) and (b) the price
of the Common Stock on delivery of the  certificates  (calculated  as the median
price of the closing bid and offer  price as reported by  Bloomberg  L.P. on the
date  the  Company's  transfer  Purchasers  sends  the  stock  certificate  plus
three  (3)  business  days).  Notwithstanding  the  foregoing,  the  Company
shall  not  be

<PAGE>

obligated to pay such  liquidated  damages if the median price in (b) is greater
than the median price in (a) or the late  delivery of such  certificate  results
from an event beyond the control of the Company.  Any and all payments  required
pursuant  to  this  paragraph  shall  be  payable  only  in  cash.  The  Company
understands  that a delay in the  issuance of the Common  Stock could  result in
economic  loss  to  the  Holder.

The  share  certificates  shall  bear  a restrictive legend in substantially the
following  form:

THESE  SECURITIES  HAVE  NOT  BEEN  REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS  AMENDED  ("SECURITIES  ACT"),  OR  THE  SECURITIES LAWS OF ANY STATE AND MAY
NOT  BE  SOLD,  TRANSFERRED  OR  OTHERWISE  DISPOSED  OF  EXCEPT  PURSUANT TO AN
EFFECTIVE  REGISTRATION  STATEMENT  OR  EXEMPTION  FROM  REGISTRATION  UNDER THE
FOREGOING  LAWS.  ACCORDINGLY,  THIS  WARRANT  MAY  NOT  BE SOLD, TRANSFERRED OR
OTHERWISE  DISPOSED  OF  UNLESS  (i)  PURSUANT  TO  AN  EFFECTIVE  REGISTRATION
UNDER  THE  SECURITIES  ACT  OR  (ii) IN A TRANSACTION  EXEMPT FROM REGISTRATION
UNDER  THE  SECURITIES  ACT  AND  UNDER   PROVISIONS  OF  APPLICABLE  STATE
SECURITIES  LAWS.  HEDGING  TRANSACTIONS  RELATED  TO  THESE  SECURITIES  ARE
PROHIBITED  UNLESS  CONDUCTED  IN  COMPLIANCE  WITH  THE  SECURITIES  ACT.
(d)     Mechanics  and  Effect of  Conversion.  No  fractional  shares of Common
Stock shall be issued upon conversion of this Debenture.  In lieu of the Company
issuing  any  fractional  shares  to the  Holder  upon  the  conversion  of this
Debenture,  the  Company  shall pay to the  Holder  the  amount  of  outstanding
principal  that is not so converted,  such payment to be in the form as provided
below.  Upon conversion of this Debenture, the Company shall be forever released
from  all its obligations and liabilities under this Debenture,  except that the
Company  shall  be  obligated  to  pay the Holder, upon conversion, any interest
accrued  and  unpaid  or  unconverted  to  and  including  the  date  of  such
conversion,  and  no  more.

4.3     Conversion  Default.  Subject  to Section  4.4  herein,  if, at any time
the
Holder submits a Notice of Conversion  and the Company does not have  sufficient
authorized but unissued shares of Common Stock  available to effect,  in full, a
conversion of the Debentures (a "Conversion  Default",  the date of such default
being referred to herein as the "Conversion  Default  Date"),  the Company shall
issue to the Holder all of the shares of Common Stock which are  available,  and
the Notice of Conversion as to any Debentures  requested to be converted but not
converted  (the  "Unconverted  Shares")  shall become null and void. The Company
shall provide notice of such Conversion Default ("Notice of Conversion Default")
to all existing Holders of outstanding  Debentures,  by facsimile,  within three
(3) business days of such default  (with the original  delivered by overnight or
two day courier). No Holder may submit a Notice of Conversion after receipt of a
Notice of Conversion  Default until the date  additional  shares of Common Stock
are  authorized  by  the  Company.

<PAGE>

4.4     Redemption  by  the  Company.

(a)     Right  to  Redeem.  Prior  to  receipt  of a Notice of  Conversion,  the
Company  may,  but  shall  not  be  required to, redeem for cash the Outstanding
Amount
of this  Debenture,  in  whole  or in  part,  at a price  equal  to one  hundred
twenty  percent  (120%)  of  the redeemed  Outstanding  Amount (the  "Redemption
Price"),  with  100%  payable in cash and 20% payable, at the sole option of the
Company,  in  cash  or  in  common shares as calculated at the Conversion Price.
(b)     Notice  of  Redemption  pursuant  to  Section  4.4(a).  Subject  to  the
Holder's  right  to convert under Section 4.4 , the Company shall be entitled to
redeem in cash any outstanding Amount outstanding under this Debenture, in whole
or in part, by giving  written notice to the Holder of its intent to redeem such
Outstanding  Amount (in  accordance  with Section 14) pursuant to Section 4.4(a)
(the  "Notice of  Redemption"),  and shall  state the amount of the  Outstanding
Amount to be redeemed.  Such Notice of  Redemption  shall be deemed to have been
made on the date that the Notice of  Redemption  is actually sent by the Company
(each,  a  "Redemption  Notice  Date").
(C)     Election  to  Convert  Upon  Notice  of  Redemption.  Upon  receipt of a
Notice of  Redemption,  the  Holder  shall be  entitled  to  convert  any Vested
Principal  Amount of this Debenture,  in whole or in part, into shares of Common
Stock,  by giving  written  notice by way of a Notice of Conversion  pursuant to
Section  4.2(a),  no later  than ten (10)  business  days  after  receipt of the
Redemption Notice Date (the "Election Period").  Upon such election,  the Vested
Principal Amount of this Debenture pursuant to which the Notice of Conversion is
given shall be converted in  accordance  with the terms of Sections 4.1, 4.2 and
4.3,  and the  Company  may not  redeem  that  particular  amount of the  Vested
Principal  Amount.  Any remaining  Vested  Principal  Amount for which Notice of
Redemption  is  given  shall  be  redeemed  in  accordance  with  Section  4.4.
(D)     Payment  of  Redemption  Price.  Within five (5) business days after the
Election Period,  the Company shall,  redeem for cash the Outstanding Amount for
which Notice of Redemption is given at the Redemption  Price,  plus  outstanding
interest  if  the  entire Debenture is redeemed. If the Company fails to pay the
redemption  amount  in cash, within five(5) business days following the Election
Period,  then  the  redemption  will  be declared null and void. The Outstanding
Amount  for  which  such redemption is made shall be treated for all purposes as
redeemed  immediately  prior to the close of business on the date the Redemption
Price  is  paid.

<PAGE>

5.     Conversion  Price  Adjustments.

5.1     Adjustments  for  Stock  Splits  and  Subdivisions.  In  the  event  the
Company
should at any time or from time to time after the date of issuance  hereof fix a
record date for the  effectuation  of a split or subdivision of the  outstanding
shares of Common Stock or the  determination of holders of Common Stock entitled
to receive a dividend or the distribution payable in additional shares of Common
Stock or other  securities or rights  convertible  into, or entitling the holder
thereof to receive  directly or  indirectly,  additional  shares of Common Stock
(hereinafter  referred to as "Common Stock Equivalents")  without payment of any
consideration  by such holder for the  additional  shares of Common Stock or the
Common Stock  Equivalents  (including  the  additional  shares of Common  Stock'
issuable upon conversion or exercise thereof),  then, as of such record date (or
the date of such dividend  distribution,  split or subdivision if no record date
is  fixed),  the  Conversion  Price of this  Debenture  shall  be  appropriately
decreased so that the number of shares of Common Stock issuable upon  conversion
of  this  Debenture  shall  be  increased  in  proportion  to such  increase  of
outstanding  shares.

5.2     Adjustments  for  Reverse  Stock  Splits.  If  the  number  of shares of
Common
Stock  outstanding  at  any  time  after  the  date  hereof  is  decreased  by a
combination of the outstanding shares of Common Stock, then following the record
date of such  combination,  the  Conversion  Price for this  Debenture  shall be
appropriately increased so that the number of shares of Common Stock issuable on
conversion  hereof  shall  be  decreased  in  proportion  to  such  decrease  in
outstanding  shares.

6.     Merger.  If the Company merges or consolidates  with another  corporation
or
sells or transfers all or substantially  all of its assets to another person and
the Holders of the Common Stock are  entitled to receive  stock,  securities  or
property in respect of or in exchange for Common  Stock,  then as a condition of
such  merger,  consolidation,  sale  or  transfer,  the  Company  and  any  such
successor, purchaser or transferee shall amend this Debenture to provide that it
may thereafter be converted on the terms and subject to the conditions set forth
above into the kind and amount of stock,  entities or property  receivable  upon
such merger, consolidation, sale or transfer by a Holder of the number of shares
of Common Stock into which this Debenture might have been converted  immediately
before such  merger,  consolidation,  sale or transfer,  subject to  adjustments
which  shall  be as  nearly  equivalent  as may be  practicable  to  adjustments
provided  for  in  Section  5.

The  Company  shall  not   consolidate   or  merge  into,  or  transfer  all  or
substantially  all of its assets to, any person,  unless such person assumes the
obligations  of the Company  under this  Debenture  and  immediately  after such
transaction  no Event of Default  exists.  Any  reference  herein to the Company
shall refer to such surviving or transferee  corporation  and the obligations of
the  Company  shall  terminate  upon  such  assumption.

<PAGE>

7.     Worn  or  Lost  Debentures.  If  this  Debenture  becomes  worn,  defaced
or
mutilated but is still substantially intact and recognizable, the Company or its
Purchasers  may  issue  a  new  Debenture  in  lieu  hereof upon its  surrender.
Where  the  Holder  of  this Debenture  claims that the Debenture has been lost,
destroyed  or wrongfully  take,  the  Company  shall  issue a new  Debenture  in
place  of  the
original  Debenture  if the Holder so requests by written  notice to the Company
actually  received by the Company  before it is notified the  Debenture has been
acquired by a bona fide  purchaser  and Holder has  delivered  to the Company an
indemnity  bond in such amount and issued by such  surety as the  Company  deems
satisfactory  together  with an affidavit of the Holder  setting forth the facts
concerning such loss,  destruction or wrongful taking and such other information
in  such  form  with  such  proof  or  verification  as the Company may request.

8.          Notices  of  Record  Date.

     In  the  event  of:
(i)     Any  taking  by  the  Company  of record of the  holders of any class of
securities of the Company for the purpose of determining the holders thereof who
are entitled to receive any dividend (other than a cash dividend  payable out of
earned  surplus  at the  same  rate as  that  of the  last  such  cash  dividend
heretofore paid) or other distribution,  or any right to subscribe for, purchase
or otherwise acquire any shares of stock of any class or any other securities or
property,  or  to  receive  any  other  right;  or
(ii)     Any  capital  reorganization of the Company,  any  reclassification  or
recapitalization  of the capital  stock of the Company or any transfer of all or
substantially  all of the  assets  of the  Company  to any  other  person or any
consolidation  or  merger  involving  the  Company;  or
(iii)     Any voluntary or involuntary dissolution, liquidation or winding up of
the  Company.

the  Company  will mail to the holder of this  Debenture  at least five (5) days
prior to the earliest date specified  therein,  a notice specifying (A) the date
on which  any such  record  is to be taken  for the  purpose  of such  dividend,
distribution  or  right;  and (B) the  date on which  any  such  reorganization,
reclassification,  transfer, consolidation,  merger, dissolution, liquidation or
winding up is expected to become  effective and the record date for  determining
stockholders  entitled  to  vote  thereon.

9.     Authorized  Shares,  of  Common  Stock,  Reservation  of  Shares.  The
Company
shall at the Closing date and from time to time as  required,  so long as any of
the Debentures are outstanding, reserve and keep available out of its authorized
and unissued Common Stock, solely for the purpose of effecting the conversion of
the  Debentures,  such number of shares of Common Stock equal to or greater than
200% of the  number  of shares of  Common  Stock  for  which are  issuable  upon
conversion of all of the then outstanding  Debentures which are then outstanding
or  which  could  be  issued  at  any  time  under  this  Debenture.

<PAGE>

10.     Assignment. Subject to the restrictions or transfer described in Section
12
below,  the  rights  and  obligations  of the  Company  and the  Holder  of this
Debenture  shall be binding  upon and benefit the  successors,  assigns,  heirs,
administrators,  and  transferees  of  the  parties.

11.     Waiver  and  Amendment.  This  Debenture  and  the  Purchase  Agreement
constitute
the full and entire understanding and agreement between the parties with respect
to the subject matter hereof and supersedes all prior agreements with respect to
the subject  matter  hereof.  Any  provision of this  Debenture  may be amended,
waived  or  modified upon the written consent of the Company and Holder thereof.

12.     Restrictions  on  Transfer. This Debenture and the Common Stock issuable
upon

the conversion hereof have not been registered under the Securities Act of 1933,
as amended,  (the "Securities  Act") and have been sold pursuant to Regulation S
under the Securities Act ("Regulation  S"). The Debenture may not be transferred
or resold,  or to a U.S.  Person,  or to or for the account or benefit of a U.S.
Person (as defined in  Regulation  S) for a period of one (1) year from the date
hereof and  thereafter  this  Debenture  and the Common Stock  issuable upon the
conversion thereof may only be offered or sold pursuant to registration under or
an  exemption  from  the  Securities  Act.

13.          Automatic  Conversion.  In  the  event  all or any  portion of this
Debenture
remains  outstanding  on  November  15,  2005,  the unconverted  portion of such
Debenture  will  automatically  be converted into shares of Common Stock on such
date  in  the  manner  set  forth  in  Section  4.

14.     Grant  of Security  Interest.  To secure the prompt and full  payment of
all
principal and interest owing to Holder pursuant to this  Debenture,  the Company
hereby  grants to Holder a  security  interest  in all of its  assets,  accounts
receivable and inventory,  now existing or hereafter  arising,  and all proceeds
therefrom. Such security interest shall terminate on the earlier of (i) the date
the Company  completes any  unsecured  financing in excess of $2.5 million after
November 15,  2000 or (ii) this  Debenture  is  redeemed or  converted  in full.
The  Company  shall file UCC-1 Financing Statements in the State of Nevada, and,
at  the  written  request  of  the  Holder,  execute for filing, any  additional
financing  statements  or  continuation  statements  as  may  be  required  from
time  to time to perfect or continue  Holder's security interest in such assets.

15.     Notices.  Any  notice,  request  or  other  communication  required  or
permitted
hereunder  shall be in  writing  and shall be deemed to have been duly  given if
made by hand delivery, by an express courier company, by registered or certified
mail, or by facsimile transmission, at the respective addresses and/or facsimile
number  of  the  parties  as  set  forth  herein.

<PAGE>

16.     Governing  Law;  Interpretation.  This  Agreement,  and  all  exhibits
attached,
shall  be  governed  by  and construed under the laws of the State of Nevada and
the laws applicable therein without regard to its choice of law principles.  All
disputes  should  be  determined  and  litigated  in  the  courts  of  Nevada.

Any litigation  based thereon,  or arising out of, under, or in connection with,
this Agreement shall be brought and maintained  exclusively in the courts of the
State  of  Nevada.  The  Company and the Holder hereby expressly and irrevocably
submit  to  the  jurisdiction  of the state and federal Courts of Nevada for the
purpose of any such litigation as set forth above and  irrevocably  agrees to be
bound by any final judgment rendered thereby in connection with such litigation.
The  Company  and the Holder  further  irrevocably  consents  to the  service of
process  by
registered mail,  postage prepaid,  or by personal service within or without the
State  of  Nevada.  The  Company and the Holder hereby expressly and irrevocably
waive,  to the fullest extent  permitted by law, any objection which it may have
or hereafter may have to the laying of venue of any such  litigation  brought in
any such court referred to above and any claim that any such litigation has been
brought  in  any  inconvenient  forum.  To  the  extent that the Company and the
Holder
have or hereafter  may acquire any immunity  from  jurisdiction  of any court or
from any legal process (whether  through service or notice,  attachment prior to
judgment, attachment in aid of execution or otherwise) with respect to itself or
its  property.  The  Company  and  the  Holder  hereby  irrevocably  waives such
immunity  in  respect of its obligations under this agreement and the other loan
documents.
Holder and the Company hereby knowingly, voluntarily and intentionally waive any
rights  they may  have to a trial by jury in  respect  of any  litigation  based
hereon,  or arising out of, under, or in connection  with,  this Agreement.  The
Company and the Holder  acknowledge  and agree that they have  received full and
sufficient  consideration  for this  provision  and  that  this  provision  is a
material inducement for the Company and the Holder entering into this agreement.
Any  legal  action or  proceeding  in  connection  with  this  Agreement  or the
performance  hereof may be brought in the state and  federal  courts  located in
Nevada,  and  the  parties  hereby  irrevocably  submit  to  the  non-exclusive
jurisdiction  of  such  courts for the purpose of any such action or proceeding.

<PAGE>

17.     Heading;  References.  All headings used herein are used for convenience
only
and shall not be used to construe or  interpret  this  Debenture.  Except  where
otherwise indicated, all references herein to Sections refer to Sections hereof.

18.     Attorney's  Fees.  Should any party bring an action to enforce the terms
of
this  Debenture,  then the  prevailing  party in the action shall be entitled to
recovery  of  its  attorney's  fees  from  the  other  party.

IN WITNESS WHEREOF, the Company has caused this Debenture to be issued this __th
day  of  November,  2000.

E-COM  TECHNOLOGIES  CORP.

By:
---

NAME:  RON  JORGENSEN
TITLE:  CHIEF  FINANCIAL  OFFICER

Address:     388-1281  West  Georgia  Street
             Vancouver,  BC  V6E  3J7
             Facsimile:      (604)  669-8226

HOLDER:
By:  ------------------------------
Name:  ----------------------------
Title:  ---------------------------
Address:

<PAGE>

NOTICE  OF  CONVERSION
(To  be  Executed  by  the Registered Holder in order to Convert the Debentures)
The  undersigned  hereby  irrevocably  elects,  as  of  -------------- , 200- to
convert $---------- of the Debentures into Shares of Common Stock (the "Shares")
of  E-COM  TECHNOLOGIES  CORP.  (the  "Company")  according  to  the  conditions
set  forth  in  the  Agreement  dated  November  15,  2000.
The  undersigned  hereby  represents  that  it  is  not a U.S. Person as defined
in Regulation S promulgated under the Securities Act of 1933, as amended, and is
not converting the  Debentures on behalf of any U.S.  Person,  and is not within
the  United  States at the time of  execution  and  delivery  of this  Notice of
Conversion.
Date  of  Conversion:  ---------------------
Number  of  Shares  Issuable
upon  this  conversion:  -------------------

Signature:  ------------------------------
[Name]
Address:  --------------------------------
Phone:  ---------------------     Facsimile:  ---------------------

<PAGE>
                            NOTICE  OF  REDEMPTION

E-COM  TECHNOLOGIES  CORP.  (the  "Company")  according  to  the  conditions
set  forth  in  the  Debenture   dated  November 15,  2000  hereby  elects,   as
of
---------------,  200-  to  redeem  $------------  of the Outstanding  Principal
Amount
and,  if  applicable,  accrued  interest  of  the  Debentures.

Date  of  Redemption:  ---------------------
Outstanding  Principal  Amount  and,  if  applicable,
accrued  interest  Redeemed:  ---------------------
x  1.20  =  Redemption  Amount:  ---------------------

HOLDER:

[Name]

Phone:  ---------------------     Facsimile:  ---------------------

E-COM  TECHNOLOGIES  CORP.

By:  --------------------------------
Its:  -------------------------------

<PAGE>

WARRANT  TO  PURCHASE  SHARES  OF  COMMON  STOCK

EXHIBIT  B

THIS  WARRANT HAS NOT BEEN  REGISTERED  WITH THE UNITED  STATES  SECURITIES  AND
EXCHANGE COMMISSION (THE "COMMISSION") OR THE SECURITIES COMMISSION OF ANY STATE
PURSUANT TO AN EXEMPTION FROM REGISTRATION  UNDER REGULATION S PROMULGATED UNDER
THE  SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT").  THIS DEBENTURE  SHALL
NOT  CONSTITUTE  AN  OFFER  TO SELL  NOR A  SOLICITATION  OF AN OFFER TO BUY THE
WARRANT  IN ANY  JURISDICTION  IN  WHICH  SUCH  OFFER OR  SOLICITATION  WOULD BE
UNLAWFUL.
THIS WARRANT MAY NOT BE SOLD,  PLEDGED,  TRANSFERRED OR ASSIGNED EXCEPT PURSUANT
TO AN EFFECTIVE  REGISTRATION  STATEMENT UNDER THE 1933 ACT AND UNDER APPLICABLE
STATE  SECURITIES  LAWS, OR IN A TRANSACTION  WHICH IS EXEMPT FROM  REGISTRATION
UNDER THE  PROVISIONS OF THE 1933 ACT AND UNDER  PROVISIONS OF APPLICABLE  STATE
SECURITIES  LAWS;  AND  IN  THE  CASE  OF  AN  EXEMPTION.
E-COM  TECHNOLOGIES  CORP.
WARRANT  TO  PURCHASE  SHARES  OF  COMMON  STOCK
For  value  received,  ______________  at  __________________________________
______________________________________its successors or assigns  ("Holder"),  is
entitled  to  purchase  from  E-COM  TECHNOLOGIES  CORP.,  a  Nevada corporation
(the  "Company"),  the  principal  office  of  which is located at 388-1281 West
Georgia  Street,  Vancouver,  BC  V6E  3J7,  up  to  ___________  fully  paid
and nonassessable shares of the Company's common stock or such greater or lesser
number of such shares as may be determined by application  of the  anti-dilution
provisions  of  this  warrant,  at  the price of $0.10  per  share,  subject  to
adjustments  as  noted  below  (the  "Warrant  Exercise  Price").
This  warrant  may  be  exercised  by  Holder  at  any time or from time to time
prior  to  the  close  of  business  on  November  15,  2002.

<PAGE>

This  warrant  is  subject  to  the  following  terms  and  conditions:
1.     Exercise.  The rights represented by this warrant may be exercised by the
Holder, in whole or in part, by written  election,  in the form set forth below,
by the  surrender  of  this  warrant  (properly  endorsed  if  required)  at the
principal  office of the Company,  by payment to it by cash,  certified check or
bank draft of the Warrant  Exercise  Price for the shares to be  purchased.  The
shares so purchased  shall be deemed to be issued as of the close of business on
the date on which this  warrant has been  exercised by payment to the Company of
the Warrant  Exercise Price.  Certificates for the shares of stock so purchased,
bearing an  appropriate  restrictive  legend,  shall be  delivered to the Holder
within 10 days after the rights  represented  by this warrant shall have been so
exercised,  and, unless this warrant has expired, a new warrant representing the
number  of  shares,  if  any,  with  respect  to which this warrant has not been
exercised  shall also be delivered  to the Holder  hereof  within such time.  No
fractional  shares  shall  be  issued  upon  the  exercise  of  this  warrant.
2.     Shares.  All  shares  that may be issued upon the  exercise of the rights
represented by this warrant shall, upon issuance, be duly authorized and issued,
fully paid and nonassessable  shares.  During the period within which the rights
represented  by this warrant may be  exercised,  the Company  shall at all times
have  authorized and reserved for the purpose of issue or transfer upon exercise
of the  subscription  rights  evidenced by this  warrant a sufficient  number of
shares of its common stock to provide for the exercise of the rights represented
by  this  warrant.

The  share  certificates  evidencing  the  common stock shall bear the following
restrictive  legend:
THESE  SECURITIES  HAVE  NOT  BEEN  REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS  AMENDED  ("SECURITIES  ACT"),  OR  THE  SECURITIES LAWS OF ANY STATE AND MAY
NOT  BE  SOLD,  TRANSFERRED  OR  OTHERWISE  DISPOSED  OF  EXCEPT  PURSUANT TO AN
EFFECTIVE  REGISTRATION  STATEMENT  OR  EXEMPTION  FROM  REGISTRATION  UNDER THE
FOREGOING  LAWS.  ACCORDINGLY,  THIS  WARRANT  MAY  NOT  BE SOLD, TRANSFERRED OR
OTHERWISE  DISPOSED  OF  UNLESS  (i)  PURSUANT  TO  AN  EFFECTIVE  REGISTRATION

<PAGE>

UNDER  THE  SECURITIES  ACT  OR  (ii) IN A TRANSACTION  EXEMPT FROM REGISTRATION
UNDER  THE  SECURITIES  ACT  AND  UNDER   PROVISIONS  OF  APPLICABLE  STATE
SECURITIES  LAWS.  HEDGING  TRANSACTIONS  RELATED  TO  THESE  SECURITIES  ARE
PROHIBITED  UNLESS  CONDUCTED  IN  COMPLIANCE  WITH  THE  SECURITIES  ACT.
3.     Adjustment.  The  Warrant  Exercise  Price shall be subject to adjustment
from  time  to  time  as  hereinafter  provided  in  this  Section  3:

(a)     If  the  Company  at  any  time  divides the  outstanding  shares of its
common  stock  into  a  greater  number of shares  (whether  pursuant to a stock
split,  stock  dividend  or  otherwise),  and  conversely,  if  the  outstanding
shares  of  its  common  stock  are  combined  into a smaller  number of shares,
the  Warrant  Exercise  Price  in  effect  immediately prior to such division or
combination  shall  be  proportionately  adjusted  to  reflect  the reduction or
increase  in  the  value  of  each  such  common  share.
(b)     If  any  capital  reorganization  or  reclassification  of  the  capital
stock  of  the  Company,  or  consolidation  or  merger  of  the  Company  with
another  corporation,  or  the  sale  of  all or substantially all of its assets
to  another  corporation  shall  be  effected  in such a way that holders of the
Company's  common  stock  shall  be  entitled  to receive  stock,  securities or
assets  with  respect  to  or  in exchange  for such common  stock,  then,  as a
condition  of  such  reorganization,  reclassification,  consolidation,  merger
or  sale,  the  Holder  shall  have  the  right to purchase and receive upon the
basis  and  upon  the  terms  and  conditions  specified  in this warrant and in
lieu  of  the  shares  of  the  common  stock  of  the  Company  immediately
theretofore  purchasable  and  receivable  upon  the  exercise  of  the
rights  represented  hereby,  such  shares  of stock, other securities or assets
as  would  have  been  issued  or  delivered  to  the  Holder  if  Holder  had
exercised  this  warrant  and  had  received  such  shares  of  common  stock
immediately  prior  to  such  reorganization,  reclassification,  consolidation,
merger  or  sale.  The  Company  shall not effect any such consolidation, merger
or  sale  unless  prior  to  the consummation thereof the successor  corporation
(if  other  than  the  Company)  resulting  from such consolidation or merger or
the  corporation  purchasing  such  assets  shall  assume by written  instrument
executed  and  mailed  to  the  Holder  at  the  last  address  of  the  Holder
appearing  on  the  books  of  the  Company  the  obligation  to  deliver to the
Holder  such  shares  of  stock,  securities  or assets as, in  accordance  with
the  foregoing  provisions,  the  Holder  may  be  entitled  to  purchase.
(c)     If  the  Company  takes  any  other  action,  or  if  any  other  event
occurs,  which  does  not  come  within  the scope of the  provisions of Section
3(a)  or  3(b),  but  which  should  result  in  an  adjustment  in the  Warrant
Exercise  Price  and/or  the  number  of shares subject to this warrant in order
to  fairly  protect  the  purchase  rights  of  the  Holder,  an  appropriate
adjustment  in  such  purchase  rights  shall  be  made  by  the  Company.

<PAGE>

(d)     Upon  each  adjustment  of  the  Warrant  Exercise  Price,  the  Holder
shall  thereafter  be  entitled  to  purchase,  at  the Warrant  Exercise  Price
resulting  from     such   adjustment,   the  number  of  shares  obtained  by
multiplying  the  Warrant  Exercise  Price  in effect  immediately prior to such
adjustment  by  the  number  of  shares purchasable  pursuant hereto immediately
prior  to  such  adjustment  and  dividing  the  product  thereof by the Warrant
Exercise  Price  resulting  from  such  adjustment.
(e)     Upon  any  adjustment  of  the  Warrant  Exercise  Price,  the  Company
shall  give  written  notice  thereof  to  the  Holder  stating  the  Warrant
Exercise  Price  resulting  from  such  adjustment and the increase or decrease,
if  any,  in  the  number  of shares purchasable at such price upon the exercise
of  this  warrant,  setting  forth  in  reasonable  detail  the  method  of
calculation  and  the  facts  upon  which  such  calculation  is  based.

4.     No  Rights as  Shareholder.  This warrant shall not entitle the Holder to
any  voting  rights  or  other  rights  as  a  shareholder  of  the  Company.

5.     Transfer.  This  warrant  and  all  rights hereunder are transferable, in
whole or in part, at the principal office of the Company by the holder hereof in
person or by duly authorized  attorney,  upon surrender of this warrant properly
endorsed.  The  bearer of this  warrant,  when  endorsed,  may be treated by the
Company and all other  persons  dealing with this warrant as the absolute  owner
hereof  for any  purpose  and as the  person  entitled  to  exercise  the rights
represented  by this  warrant,  or to the  transfer  hereof  on the books of the
Company, any notice to the contrary notwithstanding;  but until such transfer on
such books,  the Company may treat the registered  owner hereof as the owner for
all  purposes.

6.     Notices.  All  demands  and  notices  to  be  given  hereunder  shall  be
delivered  or sent by first  class  mail,  postage  prepaid;  in the case of the
Company,  addressed  to  its  corporate  headquarters,  located at 388-1281 West
Georgia  Street,  Vancouver,  BC  V6E  3J7,  until  a  new  address  shall  have
been  substituted  by  like  notice;  and  in  the  case  of  Holder,
addressed to Holder at the address written below, until a new address shall have
been  substituted  by  like  notice.
IN  WITNESS  WHEREOF,  the  Company  has  caused this warrant to be executed and
delivered  by  a  duly  authorized  officer.
Dated:  November  15,  20
E-COM  TECHNOLOGIES  CORP.

By:  ------------------------------
Name:  ----------------------------
Title:  ---------------------------
Hoder:

<PAGE>

WARRANT  EXERCISE
(To  be  signed  only  upon  exercise  of  this  warrant)
The undersigned,  the Holder of the foregoing warrant, hereby irrevocably elects
to exercise the purchase right  represented by such warrant for, and to purchase
thereunder,  __________  shares  of  common  stock  of E-Com Technologies Corp.,
to which such warrant relates and herewith makes payment of $__________ therefor
in cash,  certified check or bank draft and requests that the  certificates  for
such shares be issued in the name of, and be delivered to  ____________________,
whose  address  is  set  forth  below  the  signature  of  the  undersigned.
Dated:  ---------------------

SIGNATURE
If  shares  are  to  be  issued other than to Holder:      Social Security No. /
(Name/Address)                                        Tax  Identification  No.

----------------------------------------------        -------------------------

<PAGE>

WARRANT  ASSIGNMENT
(To  be  signed  only  upon  transfer  of  this  warrant)
For value  received,  the undersigned  hereby sells,  assigns and transfers unto
_______________  the right  represented by the foregoing warrant to purchase the
shares  of  common  stock  of  E-Com  Technologies  Corp.  and  appoints
____________________  attorney  to  transfer  such  right  on the books of E-Com
Technologies  Corp.,  with  full  power  of  substitution  in  the  premises.
Dated:  ---------------------

SIGNATURE
If  shares  are  to  be  issued other than to Holder:      Social Security No. /
(Name/Address)                                        Tax  Identification  No.

----------------------------------------------        -------------------------LEASE AGREEMENT

         THIS LEASE is executed  this 24th day of February  2000, by and between
DUKE-WEEKS   REALTY  LIMITED   PARTNERSHIP,   an  Indiana  limited   partnership
("Landlord"), and CONTINENTAL MANAGED PHARMACY SERVICES, INC., an Ohio
corporation ("Tenant").

                                   WITNESSETH:

                          ARTICLE 1 - LEASE OF PREMISES

         SECTION 1.01. BASIC LEASE PROVISIONS AND DEFINITIONS.

A.   LEASED  PREMISES (SHOWN CROSS HATCHED ON EXHIBIT A attached  hereto):  2787
     Charter Street,  Columbus,  Ohio 43228;  Building No. 132 (the "Building");
     located in Westbelt West Commerce Center (the "Park");

B.   Rentable Area: approximately 74,780 rentable square feet;

     Landlord shall use commercially reasonable standards, consistently applied,
     in  determining  the Rentable  Area and the rentable  area of the Building.
     Landlord's  determination  of Rentable  Area shall  conclusively  be deemed
     correct for all purposes hereunder.

C.   Tenant's Proportionate Share: 56.31%;

D.   Minimum Annual Rent:

                                  Year 1                $447,932.16 per year
                                  Year 2                $467,375.04 per year
                                  Years 3-5             $482,331.00 per year
                                  Years 6-10            $502,521.60 per year;

E.   Monthly Rental Installments:

                                  Months 1-12           $37,327.68 per month
                                  Months 13-24          $38,947.92 per month
                                  Months 25-60          $40,194.25 per month
                                  Months 61-120         $41,876.80 per month;

F.   Lease Term: Ten (10) years;

G.   Commencement Date: May 12, 2000;

H.   Security Deposit:  $37,327.68  provided at Tenant's election either by cash
     deposit held by Landlord or irrevocable  unconditional letter of credit, as
     provided in Article 4 of the Lease;

I.   Guarantor: MIM Corporation, a Delaware corporation;

J.   Broker(s):  Duke Realty Services Limited Partnership  representing Landlord
     and CB Richard Ellis representing Tenant;

K.   Permitted Use: Office and warehousing  and storage of  pharmaceuticals  and
     other products distributed by Tenant and related purposes;

L.   Address for notices:

                      Landlord:            Duke-Weeks Realty Limited Partnership
                                           5600 Blazer Parkway, Suite 100
                                           Dublin, OH  43017
                                           Attn:  Property Manager

<PAGE>

   Tenant:                         Continental Managed Pharmacy Services, Inc.
                                   2787 Charter Street, Building 132
                                   Columbus, OH  43228

   Guarantor:                      MIM Corporation

                                   100 Clearbrook Road
                                   Elmsford, NY  10523
                                   Attention:  Barry Posner

   Address for rental and other payments:

                                   Duke-Weeks Realty Limited Partnership
                                   P.O. Box 931988
                                   Cleveland, OH  44193

         SECTION 1.02.  LEASED  PREMISES.  Landlord  hereby leases to Tenant and
Tenant leases from Landlord,  under the terms and conditions  herein, the Leased
Premises.

                         ARTICLE 2 - TERM AND POSSESSION

         SECTION 2.01.  TERM. The term of this Lease ("Lease Term") shall be for
the period of time and shall commence on the Commencement  Date described in the
Basic Lease  Provisions.  Upon delivery of possession of the Leased  Premises to
Tenant,  Tenant shall execute a letter of  understanding  acknowledging  (i) the
Commencement  Date of this Lease,  and (ii) that Tenant has  accepted the Leased
Premises. If Tenant takes possession of and occupies the Leased Premises, Tenant
shall be deemed to have  accepted the Leased  Premises and that the condition of
the  Leased  Premises  and the  Building  was at the  time  satisfactory  and in
conformity with the provisions of this Lease in all respects.

         SECTION 2.02. CONSTRUCTION OF TENANT IMPROVEMENTS.  Landlord shall have
no  responsibility  except to perform and complete,  at Landlord's sole cost and
expense,  the work on the tenant finish improvements  described in THE PLANS AND
SPECIFICATIONS  WHICH HAVE BEEN MUTUALLY AGREED UPON BY BOTH LANDLORD AND TENANT
AND  ATTACHED  HERETO AS EXHIBIT  B,  subject to events and delays due to causes
beyond its reasonable control.  Tenant agrees that all work on any change orders
to  the  initial  tenant  finish   improvements   shall  be  performed  by  Duke
Construction Limited Partnership (DCLP) or a subsidiary or affiliate of Landlord
which shall receive a cost plus ten percent (10%)  construction  management fee,
exclusive of general conditions,  as Landlord's  construction manager or general
contractor;  provided,  however,  that  the  construction  management  fee to be
charged for any subsequent tenant finish  improvements  shall be an amount equal
to the  construction  management  fee  then  being  charged  by DCLP  and  other
reputable and experienced  contractors in the Columbus,  Ohio Industrial  Market
for  comparable   improvements   performed  in  comparable  class  A  INDUSTRIAL
PROPERTIES.  ANY COSTS FOR TENANT FINISH  IMPROVEMENTS WHICH EXCEED THE SCOPE OF
THOSE DESCRIBED ON EXHIBIT B shall be the sole responsibility of Tenant.  Tenant
shall  reimburse  Landlord  for such  excess  costs  within  thirty (30) days of
Tenant's  receipt of an invoice for the same.  Landlord hereby agrees to warrant
all work performed by Landlord within the Leased Premises for a period of twelve
(12)  months  from the  Commencement  Date (the  "Warranty  Period").  After the
expiration  of  the  Warranty  Period,  Landlord  shall  assign  to  Tenant  all
warranties  (if  assignable)  from  subcontractors  and material  suppliers  for
materials,  workmanship,  fixtures  or  equipment  installed  by Landlord in the
Leased Premises which warranties  continue in effect after the expiration of the
Warranty Period.

         SECTION 2.03. SURRENDER OF THE PREMISES. Upon the expiration or earlier
termination  of this  Lease,  Tenant  shall  immediately  surrender  the  Leased
Premises to Landlord in broom-clean  condition and in good condition and repair,
reasonable  wear and tear  excepted.  Tenant  shall  also  remove  its  personal
property, trade fixtures and any of Tenant's alterations designated by Landlord,
promptly  repair any  damage  caused by such  removal,  and  restore  the Leased
Premises to the condition existing upon the Commencement  Date,  reasonable wear
and tear  excepted.  If Tenant  fails to do so,  Landlord may restore the Leased
Premises to such condition at Tenant's  expense,  Landlord may cause all of said
property to be removed at Tenant's expense,  and Tenant hereby agrees to pay all
the costs and expenses thereby reasonably incurred. All Tenant property which is
not removed within ten (10) days following  Landlord's  written demand  therefor
shall be  conclusively  deemed to have been  abandoned  by Tenant,  and Landlord
shall be entitled to dispose of such property at Tenant's  cost without  thereby
incurring any liability to Tenant.  The provisions of this section shall survive
the expiration or other termination of this Lease.

         SECTION 2.04.  HOLDING OVER. If Tenant retains possession of the Leased
Premises after the expiration or earlier termination of this Lease, Tenant shall
become a tenant from month to month at 150% of the Monthly Rental Installment in
effect at the end of the Lease Term, and otherwise upon the terms, covenants and
conditions  herein  specified,  so far as applicable.  Acceptance by Landlord of

                                       2
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rent in such event shall not result in a renewal of this Lease, and Tenant shall
vacate and  surrender  the Leased  Premises to Landlord  upon Tenant being given
thirty (30) days' prior written  notice from  Landlord to vacate  whether or not
said notice is given on the rent paying date.  This Section 2.04 shall in no way
constitute  a  consent  by  Landlord  to any  holding  over by  Tenant  upon the
expiration or earlier  termination of this Lease, nor limit Landlord's  remedies
in such event.

                                ARTICLE 3 - RENT

         SECTION  3.01.  BASE RENT.  Tenant  shall pay to  Landlord  the Minimum
Annual Rent in the Monthly Rental Installments, in advance, without deduction or
offset,  beginning  on the  Commencement  Date and on or before the first day of
each and every  calendar  month  thereafter  during the Lease Term.  The Monthly
Rental Installment for partial calendar months shall be prorated.

         SECTION 3.02.  ADDITIONAL  RENT. In addition to the Minimum Annual Rent
Tenant shall pay to Landlord for each  calendar  year during the Lease Term,  as
"Additional  Rent,"  Tenant's  Proportionate  Share of all  costs  and  expenses
incurred by Landlord  during the Lease Term for Real Estate Taxes and  Operating
Expenses for the Building and common areas (collectively "Common Area Charges").

         "Operating   Expenses"  shall  mean  all  of  Landlord's  expenses  for
operation,   repair,  replacement  (except  as  expressly  excluded  below)  and
maintenance  to keep the Building and common areas in good order,  condition and
repair  (including  all  additional  direct costs and expenses of operation  and
maintenance of the Building which Landlord  reasonably  determines it would have
paid or incurred  during  such year if the  Building  had been fully  occupied),
including,  but not limited to, management or  administrative  fees (which shall
not exceed  five  percent  (5%) of  Landlord's  gross  rents for the  Building);
utilities;  stormwater  discharge fees;  license,  permit,  inspection and other
fees;  fees and  assessments  imposed by any  covenants or owners'  association;
security services;  insurance  premiums and deductibles and maintenance,  repair
and  replacement  of the  driveways,  parking areas  (including  snow  removal),
exterior lighting,  landscaped areas,  walkways,  curbs,  drainage strips, sewer
lines, exterior walls, foundation,  structural frame, roof and gutters. The cost
of any  capital  improvement  shall be  amortized  over the useful  life of such
improvement  (as  reasonably  determined  by  Landlord),  and only the amortized
portion shall be included in Operating Expenses.  Notwithstanding the foregoing,
Landlord  agrees that Operating  Expenses during the initial ten (10) year Lease
Term shall not include any capital  improvement  expenditure  for replacement of
the entire roof, entire parking area, or structural walls for the Building.

         "Real  Estate  Taxes"  shall  include  any form of real  estate  tax or
assessment or service payments in lieu thereof,  and any license fee, commercial
rental  tax,  improvement  bond or  other  similar  charge  or tax  (other  than
inheritance,  personal  income or estate  taxes)  imposed  upon the  Building or
common  areas (or against  Landlord's  business of leasing the  Building) by any
authority having the power to so charge or tax, together with costs and expenses
of contesting  the validity or amount of Real Estate Taxes,  which at Landlord's
option may be  calculated  as if such  contesting  work had been  performed on a
contingent fee basis (whether charged by Landlord's  counsel or  representative;
provided,  however, that said fees are reasonably comparable to the fees charged
for similar  services by others not affiliated  with  Landlord,  but in no event
shall said fees exceed  thirty-three  percent (33%) of the good faith  estimated
tax savings). In the event Landlord is successful in securing a rebate or refund
from any taxing  authority as a result of  contesting  any  assessments  of Real
Estate  Taxes,  Landlord  shall refund such savings to Tenant in  proportion  to
Tenant's  proportionate  share,  provided  that  there  then  exists no  uncured
defaults by Tenant.  Additionally,  Tenant shall pay, prior to delinquency,  all
taxes assessed  against and levied upon trade fixtures,  furnishings,  equipment
and all personal property of Tenant contained in the Leased Premises.

         SECTION 3.03.  PAYMENT OF ADDITIONAL RENT.  Landlord shall estimate the
total amount of  Additional  Rent to be paid by Tenant during each calendar year
of  the  Lease  Term,  pro-rated  for  any  partial  years.  Commencing  on  the
Commencement Date, Tenant shall pay to Landlord each month, at the same time the
Monthly Rental  Installment is due, an amount equal to one-twelfth (1/12) of the
estimated  Additional Rent for such year. Within a reasonable time after the end
of each calendar year, Landlord shall submit to Tenant a statement of the actual
amount of such Additional Rent and within thirty (30) days after receipt of such
statement,  Tenant shall pay any  deficiency  between the actual amount owed and
the  estimates  paid during such  calendar  year.  In the event of  overpayment,
Landlord  shall  credit  the  amount  of  such   overpayment   toward  the  next
installments of Minimum Rent.

         SECTION 3.04.  LATE CHARGES.  Tenant  acknowledges  that Landlord shall
incur  certain  additional  unanticipated  administrative  and  legal  costs and
expenses  if  Tenant  fails  to  timely  pay  any  payment  required  hereunder.
Therefore, in addition to the other remedies available to Landlord hereunder, if
any payment  required to be paid by Tenant to Landlord  hereunder  shall  become
overdue, such unpaid amount shall bear interest from the due DATE THEREOF TO THE
DATE OF PAYMENT AT THE PRIME RATE (AS  REPORTED  IN THE WALL  STREET  JOURNAL of
interest ("Prime Rate") plus six percent (6%) per annum.

                                       3
<PAGE>

                          ARTICLE 4 - SECURITY DEPOSIT

         Tenant,  upon  execution  of this Lease,  shall,  at its sole  election
either (i) deposit with  Landlord  cash in the amount set forth in Item H of the
Basic Lease Provisions,  or (ii) provide an irrevocable letter of credit ("LOC")
in the form  attached  hereto  as  Exhibit  H and  issued  by a bank  reasonably
acceptable  to  Landlord  in the amount  set forth in Item H of the Basic  Lease
Provisions  as  security  for  the  performance  by  Tenant  of all of  Tenant's
obligations  contained in this Lease.  Subparts (i) and (ii) shall be separately
and collectively referred to as the "Security Deposit". Any LOC shall be renewed
on an annual  basis and if Tenant  fails to renew  such LOC at least  forty-five
(45) days prior to its expiration date,  Landlord may draw upon the LOC and hold
the cash proceeds in lieu thereof. In the event of a Default by Tenant, Landlord
may  apply or draw  upon,  as the case may be,  all or any part of the  Security
Deposit to cure all or any part of such Default;  and Tenant agrees to promptly,
upon demand,  deposit such  additional  sum with  Landlord as may be required to
maintain  the full  amount of the  Security  Deposit.  All sums held by Landlord
pursuant  to this  Article  shall be without  interest.  At the end of the Lease
Term, provided that there is then no uncured Default,  Landlord shall return the
Security Deposit to Tenant or , if applicable, return the LOC.

                                 ARTICLE 5 - USE

         SECTION 5.01.  USE OF LEASED  PREMISES.  The Leased  Premises are to be
used by Tenant solely for the Permitted  Use and for no other  purposes  without
the prior written consent of Landlord.

         SECTION 5.02.  COVENANTS OF TENANT  REGARDING USE. Tenant shall (i) use
and  maintain the Leased  Premises  and conduct its business  thereon in a safe,
careful,  reputable  and  lawful  manner,  (ii)  comply  with all  laws,  rules,
regulations, orders, ordinances, directions and requirements of any governmental
authority or agency, now in force or which may hereafter be in force,  including
without  limitation  those which shall  impose upon  Landlord or Tenant any duty
with  respect to or triggered  by a change in the use or  occupation  of, or any
improvement  or alteration  to, the Leased  Premises,  and (iii) comply with and
obey  all  reasonable  directions  of the  Landlord,  including  any  rules  and
regulations  that may be adopted by Landlord  from time to time,  provided  such
modifications  to the  Rules  and  Regulations  are not  inconsistent  with  the
material terms of this Lease.  Tenant shall not do or permit anything to be done
in or about the Leased Premises or common areas which  constitutes a nuisance or
which  interferes  with the rights of other  tenants or injures  them.  Landlord
shall not be responsible to Tenant for the nonperformance by any other tenant or
occupant of the  Building of its lease or of any rules and  regulations.  Tenant
shall not  overload the floors of the Leased  Premises.  All damage to the floor
structure or foundation of the Building due to improper  positioning  or storage
of items or  materials  shall be repaired  by  Landlord  at the sole  expense of
Tenant, who shall reimburse Landlord  immediately  therefor upon demand.  Tenant
shall not use the Leased Premises,  or allow the Leased Premises to be used, for
any purpose or in any manner which would  invalidate any policy of insurance now
or hereafter carried on the Building or increase the rate of premiums payable on
any such insurance policy unless Tenant  reimburses  Landlord as Additional Rent
for any increase in premiums charged.

         SECTION  5.03.  LANDLORD'S  RIGHTS  REGARDING  USE.  In addition to the
rights  specified  elsewhere in this Lease,  Landlord  shall have the  following
rights  regarding the use of the Leased  Premises or the common  areas,  each of
which may be exercised  without notice or liability to Tenant,  (a) Landlord may
install such signs, advertisements, notices or tenant identification information
as it shall deem necessary or proper;  provided,  however, that any such signage
specifically  identifying  Tenant or  Tenant's  business  operation  within  the
Building or Park shall be subject to Tenant's reasonable approval,  (b) Landlord
shall  have the  right at any time to  control,  change or  otherwise  alter the
common  areas  as it  shall  deem  necessary  or  proper;  and (c)  Landlord  or
Landlord's agent shall be permitted to inspect or examine the Leased Premises at
any  reasonable  time upon  reasonable  notice  (except in an emergency  when no
notice shall be required), and Landlord shall have the right to make any repairs
to the Leased  Premises  which are  necessary  for its  preservation;  provided,
however, that any repairs made by Landlord shall be at TENANT'S EXPENSE,  EXCEPT
AS PROVIDED IN SECTION 7.02 hereof.  Landlord shall incur no liability to Tenant
for such  entry,  nor shall such entry  constitute  an  eviction  of Tenant or a
termination of this Lease, or entitle Tenant to any abatement of rent therefor.

                       ARTICLE 6 - UTILITIES AND SERVICES

         Tenant shall obtain in its own name and pay directly to the appropriate
supplier the cost of all  utilities  and services  serving the Leased  Premises.
However,  if any services or utilities are jointly  metered with other property,
Landlord shall make a reasonable  determination of Tenant's  proportionate share
of the cost of such  utilities  and  services  (at rates  that  would  have been
payable if such utilities and services had been directly billed by the utilities
or  services  providers)  and  Tenant  shall pay such share to  Landlord  within
fifteen (15) days after receipt of Landlord's written statement.  Landlord shall
not be liable in damages or  otherwise  for any failure or  interruption  of any
utility or other  Building  service and no such  failure or  interruption  shall
entitle Tenant to terminate  this Lease or withhold sums due  hereunder.  In the
event of utility "deregulation", Landlord shall choose the service provider.

                                       4
<PAGE>

                       ARTICLE 7 - MAINTENANCE AND REPAIRS

         SECTION 7.01. TENANT'S RESPONSIBILITY. During Lease Term, Tenant shall,
at its own cost and  expense,  maintain the Leased  Premises in good  condition,
regularly  servicing and promptly making all repairs and  replacements  thereto,
including  but  not  limited  to  the  electrical   systems,   heating  and  air
conditioning  systems,  plate glass,  floors,  windows and doors,  sprinkler and
plumbing  systems,  and shall  obtain a preventive  maintenance  contract on the
heating,  ventilating and air-conditioning  systems, and provide Landlord with a
copy  thereof.  The  preventive   maintenance  contract  shall  meet  or  exceed
Landlord's standard maintenance  criteria,  and shall provide for the inspection
and maintenance of the heating,  ventilating and air conditioning  system on not
less than a  semi-annual  basis.  Notwithstanding  the  foregoing,  and provided
Tenant maintains a preventative  maintenance  contract  approved by Landlord and
subject to the acts and omissions of Tenant,  Landlord  warrants the  electrical
systems,  heating and air  conditioning  systems,  and  sprinkler  and  plumbing
systems for the first year of the Lease Term.

         SECTION 7.02. LANDLORD'S RESPONSIBILITY. During the term of this Lease,
Landlord shall maintain in good condition and repair,  and replace as necessary,
the roof,  exterior walls,  foundation and structural  frame of the Building and
the  parking  and  landscaped  areas,  the costs of which  shall be  included in
Operating Expenses;  provided,  however, that to the extent any of the foregoing
items require repair because of the  negligence,  misuse,  or default of Tenant,
its employees,  agents, customers or invitees,  Landlord shall make such repairs
solely at Tenant's expense.

         SECTION  7.03.   ALTERATIONS.   TENANT  SHALL  NOT  PERMIT  ALTERATIONS
(EXCLUDING THE INITIAL TENANT FINISH IMPROVEMENTS  DESCRIBED IN EXHIBIT B) in or
to the Leased Premises unless and until the plans have been APPROVED BY LANDLORD
IN WRITING.  AS A CONDITION OF SUCH  APPROVAL,  LANDLORD  MAY REQUIRE  TENANT TO
REMOVE  THE  ALTERATIONS  (EXCLUDING  THE  INITIAL  TENANT  FINISH  IMPROVEMENTS
DESCRIBED IN EXHIBIT B) and restore the Leased Premises upon termination of this
Lease; otherwise,  all such alterations shall at Landlord's option become a part
of the realty and the property of Landlord,  and shall not be removed by Tenant.
Tenant shall ensure that all  alterations  (excluding  THE INITIAL TENANT FINISH
IMPROVEMENTS  DESCRIBED  IN  EXHIBIT  B)  shall be made in  accordance  with all
applicable  laws,  regulations  and building  codes,  in a good and  workmanlike
manner and of quality equal to or better than the original  construction  of the
Building.  No person  shall be  entitled  to any lien  derived  through or under
Tenant for any labor or material  furnished to the Leased Premises,  and nothing
in this Lease  shall be  construed  to  constitute  a consent by Landlord to the
creation of any lien. If any lien is filed against the Leased  Premises for work
claimed  to have been done for or  material  claimed to have been  furnished  to
Tenant,  Tenant shall cause such lien to be  discharged  of record within thirty
(30) days after filing.  Tenant shall indemnify Landlord from all costs, losses,
expenses and attorneys' fees in connection  with any  construction or alteration
and any related lien.

                              ARTICLE 8 - CASUALTY

         SECTION 8.01. CASUALTY. In the event of total or partial destruction of
the Building or the Leased Premises by fire or other  casualty,  Landlord agrees
to promptly  restore and repair the Building  Leased  Premises and Common Areas;
provided,  however,  Landlord's  obligation  hereunder  shall be  limited to the
reconstruction  of such of the  Building,  and Common  Areas as were  originally
required to be made by  Landlord,  and with  respect to TENANT'S  TENANT  FINISH
IMPROVEMENTS  ONLY  THOSE,  DESCRIBED  ON EXHIBIT B. Rent shall  proportionately
abate  during the time that the Leased  Premises or part  thereof  are  unusable
because  of any  such  damage.  Notwithstanding  the  foregoing,  if the  Leased
Premises are (i) so destroyed that they cannot be repaired or rebuilt within one
hundred  eighty  (180)  days from the  casualty  date ; or (ii)  destroyed  by a
casualty  which is not  covered  by the  insurance  required  hereunder  or,  if
covered,  such  insurance  proceeds are not released by any  mortgagee  entitled
thereto or are  insufficient  to rebuild the Building  and the Leased  Premises;
then,  in case of a clause (i) casualty,  either  Landlord or Tenant may, or, in
the case of a clause (ii)  casualty,  then  Landlord may, upon thirty (30) days'
written notice to the other party,  terminate this Lease with respect to matters
thereafter   accruing.   Notwithstanding   the  foregoing  and  subject  to  the
availability  of space,  Landlord  agrees to  exercise  commercially  reasonable
efforts,  in the event of a total or  partial  destruction  of the  Building  as
described  above,  to  provide  Tenant  with  temporary  space  until the Leased
Premises are  reconstructed.  Such  temporary  space shall be provided to Tenant
based upon mutually agreed upon terms and conditions.

                                       5
<PAGE>

         SECTION  8.02.  ALL RISK  COVERAGE  INSURANCE.  During the Lease  Term,
Landlord shall maintain all risk coverage  insurance on the Building,  but shall
not protect Tenant's property on the Leased Premises;  and,  NOTWITHSTANDING THE
PROVISIONS  OF  SECTION  9.01,  Landlord  shall not be liable  for any damage to
Tenant's property, regardless of cause, including the negligence of Landlord and
its employees,  agents and invitees. Tenant hereby expressly waives any right of
recovery  against  Landlord for damage to any  property of Tenant  located in or
about the Leased Premises,  however caused, including the negligence of Landlord
and its  employees,  agents and  invitees.  NOTWITHSTANDING  THE  PROVISIONS  OF
SECTION  9.01 below,  Landlord  hereby  expressly  waives any rights of recovery
against  Tenant for  damage to the  Leased  Premises  or the  Building  which is
insured  against under  Landlord's  all risk coverage  insurance.  All insurance
policies  maintained  by  Landlord  or Tenant as  provided  in this Lease  shall
contain an agreement by the insurer  waiving the insurer's  right of subrogation
against the other party to this Lease.

                         ARTICLE 9 - LIABILITY INSURANCE

         SECTION 9.01. TENANT'S RESPONSIBILITY.  Landlord shall not be liable to
Tenant or to any other  person for (i) damage to  property or injury or death to
persons due to the condition of the Leased Premises,  the Building or the common
areas, or (ii) the occurrence of any accident in or about the Leased Premises or
the common  areas,  or (iii) any act or neglect of Tenant or any other tenant or
occupant of the Building or of any other person,  unless such damage,  injury or
death is directly  and solely the result of  Landlord's  negligence;  and Tenant
hereby releases  Landlord from any and all liability for the same.  Tenant shall
be liable  for,  and shall  indemnify  and  defend  Landlord  from,  any and all
liability  for (i) any act or neglect  of Tenant  and any  person  coming on the
Leased  Premises or common  areas by the license of Tenant,  express or implied,
(ii) any  damage  to the  Leased  Premises,  and  (iii) any loss of or damage or
injury to any person (including death resulting therefrom) or property occurring
in, on or about the Leased Premises, regardless of cause, except for any loss or
damage from fire or casualty  insured as PROVIDED IN SECTION 8.02 and except for
that caused solely and directly by Landlord's  negligence.  This provision shall
survive the expiration or earlier termination of this Lease.

         SECTION 9.02.  TENANT'S  INSURANCE.  Tenant shall carry general  public
liability  and  property  damage  insurance,  issued  by one or  more  insurance
companies acceptable to Landlord, with the following minimum coverages:

A.   Worker's Compensation: minimum statutory amount.

B.   Commercial  General Liability  Insurance,  including  blanket,  contractual
     liability,   broad  form  property  damage,   personal  injury,   completed
     operations,  products liability,  and fire damage: Not less than $3,000,000
     Combined Single Limit for both bodily injury and property damage.

C.   All Risk Coverage,  Vandalism and Malicious Mischief, and Sprinkler Leakage
     insurance,  if  applicable,  for the full cost of  replacement  of Tenant's
     property.

D.   Business interruption insurance.

         The  insurance  policies  shall  protect  Tenant and  Landlord as their
interests  may  appear,  naming  Landlord  and  Landlord's  managing  agent  and
mortgagee  as  additional  insureds,  and  shall  provide  that  they may not be
canceled on less than thirty (30) days' prior written notice to Landlord. Tenant
shall furnish  Landlord with  Certificates of Insurance  evidencing all required
coverages  on or before the  Commencement  Date.  If Tenant  fails to carry such
insurance  and furnish  Landlord  with such  Certificates  of Insurance  after a
request to do so,  Landlord  may obtain  such  insurance  and  collect  the cost
thereof from Tenant.

                           ARTICLE 10 - EMINENT DOMAIN

         If all or any substantial part of the Building or common areas shall be
acquired by the exercise of eminent domain, Landlord may terminate this Lease by
giving  written  notice to Tenant on or before the date that  actual  possession
thereof is so taken. If all or any part of the Leased Premises shall be acquired
by the  exercise  of eminent  domain so that the Leased  Premises  shall  become
unusable by Tenant for the Permitted Use,  Tenant may terminate this Lease as of
the date that actual  possession  thereof is taken by giving  written  notice to
Landlord. All damages awarded shall belong to Landlord;  provided, however, that
Tenant may claim  dislocation  damages  if such  amount is not  subtracted  from
Landlord's award.

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                      ARTICLE 11 - ASSIGNMENT AND SUBLEASE

         Tenant  shall not assign  this Lease or sublet the Leased  Premises  in
whole or in part without  Landlord's prior written consent,  which consent shall
not be unreasonably  withheld,  delayed or denied (provided that it shall not be
unreasonable  for  Landlord to withhold or deny its consent  with respect to any
proposed  assignment  or subletting to a third party that is already a tenant in
the Building or the Park). In the event of any assignment or subletting,  Tenant
shall remain primarily liable hereunder, and any extension, expansion, rights of
first offer,  rights of first refusal or other  options  granted to Tenant under
this  Lease  shall be  rendered  void and of no further  force or effect  unless
otherwise  expressly  extended  to an  assignee  by  the  terms  hereunder.  The
acceptance  of rent from any other  person shall not be deemed to be a waiver of
any of the provisions of this Lease or to be a consent to the assignment of this
Lease or the  subletting  of the Leased  Premises.  Without in any way  limiting
Landlord's  right to refuse to consent to any  assignment  or subletting of this
Lease,  Landlord  reserves  the  right to  refuse  to give  such  consent  if in
Landlord's  opinion (i) the Building or the Leased Premises are or may be in any
way adversely affected; (ii) the business reputation of the proposed assignee or
subtenant is unacceptable; or (iii) the financial worth of the proposed assignee
or subtenant is insufficient to meet the obligations hereunder. Landlord further
expressly  reserves the right to refuse to give its consent to any subletting if
the proposed rent is to be less than the then current rent for similar  premises
in the Park. Tenant agrees to reimburse  Landlord for reasonable  accounting and
attorneys' fees incurred in conjunction with the processing and documentation of
any such requested  assignment,  subletting or any other  hypothecation  of this
Lease or Tenant's interest in and to the Leased Premises.

         Notwithstanding the foregoing,  Tenant may assign the Lease or sublease
all or any portion of the Leased Premises without  Landlord's  consent to any of
the   following  (a  "Permitted   Transferee"),   provided  that  the  Permitted
Transferee's  financial  condition,  creditworthiness  and  business  reputation
following the transfer are equal to or exceed those of Tenant: (i) any successor
corporation or other entity  resulting from a merger or consolidation of Tenant;
(ii) any purchaser of all or substantially  all of Tenant's assets; or (iii) any
entity which controls, is controlled by, or is under common control with Tenant.
Tenant  shall  give  Landlord  thirty  (30) days  prior  written  notice of such
assignment or sublease.  Any Permitted Transferee shall assume in writing all of
Tenant's  obligations under this Lease.  Tenant shall  nevertheless at all times
remain fully  responsible and liable for the payment of rent and the performance
and observance of all of Tenant's other obligations under this Lease. Nothing in
this  paragraph is intended to nor shall permit  Tenant to transfer its interest
under this Lease as part of a fraud or  subterfuge  to  intentionally  avoid its
obligations under this Lease (for example,  transferring its interest to a shell
corporation that subsequently  files a bankruptcy),  and any such transfer shall
constitute a Default hereunder.

                       ARTICLE 12 - TRANSFERS BY LANDLORD

         SECTION 12.01.  SALE OF THE BUILDING.  Landlord shall have the right to
sell the Building at any time during the Lease Term,  subject only to the rights
of Tenant  hereunder;  and such sale  shall  operate to  release  Landlord  from
liability hereunder after the date of such conveyance.

         SECTION 12.02.  SUBORDINATION AND ESTOPPEL CERTIFICATE.  Landlord shall
have the right to subordinate this Lease to any mortgage  presently  existing or
hereafter placed upon the Building by so declaring in such mortgage.  Within ten
(10) days following  receipt of a written  request from  Landlord,  Tenant shall
execute and deliver to Landlord,  without cost,  any  instrument  which Landlord
deems necessary or desirable to confirm the  subordination  of this Lease and an
estoppel  certificate in such form as Landlord may reasonably request certifying
(i) that this Lease is in full force and effect and  unmodified  or stating  the
nature of any  modification,  (ii) the date to which rent has been  paid,  (iii)
that there are not, to Tenant's  knowledge,  any uncured  defaults or specifying
such  defaults if any are claimed,  and (iv) any other matters or state of facts
reasonably  required  respecting the Lease.  Such estoppel may be relied upon by
Landlord and by any purchaser or mortgagee of the Building.  Notwithstanding the
foregoing,  if the  mortgagee  shall take title to the Leased  Premises  through
foreclosure or deed in lieu of foreclosure,  Tenant shall be allowed to continue
in  possession  of the Leased  Premises as provided for in this Lease so long as
Tenant shall not be in default.

                         ARTICLE 13 - DEFAULT AND REMEDY

         SECTION 13.01. DEFAULT. The occurrence of any of the following shall be
a "Default":

         (a) Tenant fails to pay any Monthly  Rental  Installment  or Additional
Rent  within  five (5) days  after the same is due,  or Tenant  fails to pay any
other amounts due Landlord from Tenant within ten (10) days after
the same is due.

         (b)  Tenant  fails to perform or  observe  any other  term,  condition,
covenant  or  obligation  required  under this Lease for a period of thirty (30)
days after written notice thereof from Landlord; provided, however,
that if the nature of  Tenant's  default is such that more than  thirty days are
reasonably  required  to cure,  then such  default  shall be deemed to have been
cured if Tenant  commences such  performance  within said thirty-day  period and
thereafter diligently completes the required action within a reasonable time.

                                       7
<PAGE>

         (c)  Tenant  shall  assign or sublet  all or a  portion  of the  Leased
Premises in contravention of the provisions of Article 11 of this Lease.

         (d) All or substantially  all of Tenant's assets in the Leased Premises
or Tenant's  interest in this Lease are attached or levied under  execution (and
Tenant  does not  discharge  the same  within  sixty  (60) days  thereafter);  a
petition in bankruptcy, insolvency or for reorganization or arrangement is filed
by or against  Tenant (and Tenant  fails to secure a stay or  discharge  thereof
within sixty (60) days  thereafter);  Tenant is insolvent  and unable to pay its
debts as they become due;  Tenant makes a general  assignment for the benefit of
creditors;  Tenant  takes the  benefit  of any  insolvency  action  or law;  the
appointment  of a receiver or trustee in bankruptcy  for Tenant or its assets if
such  receivership  has not been  vacated or set aside  within  thirty (30) days
thereafter;  or,  dissolution or other termination of Tenant's corporate charter
if Tenant is a corporation.

         (e) In addition to the  defaults  and remedies  described  herein,  the
parties agree that if Tenant is in violation of the  performance of any (but not
necessarily  the same) term or  condition  of this Lease three (3) or more times
during any twelve (12) month period,  regardless of whether such  violations are
ultimately  cured,  then such conduct shall, at Landlord's  option,  represent a
separate Default.

         SECTION 13.02. REMEDIES.  Upon the occurrence of any Default,  Landlord
shall have the following  rights and  remedies,  in addition to those allowed by
law or in  equity,  any one or more of which may be  exercised  without  further
notice to Tenant:

         (a) Landlord may apply the Security  Deposit and/or re-enter the Leased
Premises and cure any Default of Tenant,  and Tenant shall reimburse Landlord as
Additional  Rent for any reasonable  costs and expenses  which Landlord  thereby
incurs;  and Landlord shall not be liable to Tenant for any loss or damage which
Tenant may sustain by reason of Landlord's action.

         (b) Landlord may  terminate  this Lease or,  without  terminating  this
Lease,  terminate  Tenant's right to possession of the Leased Premises as of the
date of such Default,  and thereafter (i) neither Tenant nor any person claiming
under or through Tenant shall be entitled to possession of the Leased  Premises,
and Tenant shall immediately surrender the Leased Premises to Landlord; and (ii)
Landlord may re-enter the Leased  Premises and  dispossess  Tenant and any other
occupants  of the  Leased  Premises  by any lawful  means and may  remove  their
effects, without prejudice to any other remedy which Landlord may have. Upon the
termination of this Lease, Landlord may declare the present value (discounted at
the Prime  Rate) of all rent which  would have been due under this Lease for the
balance  of the Lease Term to be  immediately  due and  payable,  reduced by the
reasonable  fair market value rental of the Leased  Premises for such balance of
the Lease Term  (determined from the present value of the actual minimum or base
rents  received  and to be  received  from  Landlord's  reletting  of the Leased
Premises),  whereupon  Tenant  shall be  obligated  to pay the same to Landlord,
together  with all loss or  damage  which  Landlord  may  sustain  by  reason of
Tenant's default  ("Default  Damages"),  which shall include without  limitation
expenses of preparing the Leased Premises for re-letting,  demolition,  repairs,
tenant finish improvements, brokers' commissions and reasonable attorneys' fees,
it being  expressly  understood  and agreed that the  liabilities  and  remedies
specified in this subsection (b) shall survive the termination of this Lease.

         (c) Landlord may, without  terminating this Lease,  re-enter the Leased
Premises and re-let all or any part thereof for a term different from that which
would otherwise have  constituted the balance of the Lease Term and for rent and
on terms and conditions different from those contained herein,  whereupon Tenant
shall be  immediately  obligated  to pay to Landlord as  liquidated  damages the
present value (discounted at the Prime Rate) of the difference  between the rent
provided  for herein and that  provided  for in any lease  covering a subsequent
re-letting of the Leased  Premises,  for the period which would  otherwise  have
constituted  the  balance of the Lease  Term,  together  with all of  Landlord's
Default Damages.

         (d) Landlord may sue for  injunctive  relief or to recover  damages for
any loss resulting from the Default.

         SECTION 13.03. LANDLORD'S DEFAULT AND TENANT'S REMEDIES. Landlord shall
be in default if it fails to perform any term, condition, covenant or obligation
required  under this Lease for a period of thirty (30) days after written notice
thereof from Tenant to Landlord; provided, however, that if the term, condition,
covenant  or  obligation  to be  performed  by  Landlord  is such that it cannot
reasonably be performed within thirty (30) days, such default shall be deemed to
have been cured if Landlord  commences such  performance  within said thirty-day
period and  thereafter  diligently  undertakes  to complete  the same.  Upon the
occurrence  of any such  default,  Tenant  may sue for  injunctive  relief or to
recover  damages for any loss  directly  resulting  from the breach,  but Tenant
shall not be entitled to terminate  this Lease or withhold,  offset or abate any
sums due hereunder.

                                       8
<PAGE>

         SECTION 13.04.  LIMITATION OF LANDLORD'S  LIABILITY.  If Landlord shall
fail to perform  any term,  condition,  covenant  or  obligation  required to be
performed by it under this Lease and if Tenant shall, as a consequence  thereof,
recover a money  judgment  against  Landlord,  Tenant  agrees that it shall look
solely to  Landlord's  right,  title and interest in and to the Building for the
collection of such  judgment;  and Tenant further agrees that no other assets of
Landlord  shall  be  subject  to  levy,  execution  or  other  process  for  the
satisfaction of Tenant's judgment.

         SECTION 13.05. NONWAIVER OF DEFAULTS.  Neither party's failure or delay
in  exercising  any of its rights or remedies or other  provisions of this Lease
shall  constitute a waiver thereof or affect its right thereafter to exercise or
enforce such right or remedy or other provision.  No waiver of any default shall
be deemed to be a waiver of any other default.  Landlord's  receipt of less than
the full rent due shall not be  construed  to be other than a payment on account
of rent  then due,  nor shall any  statement  on  Tenant's  check or any  letter
accompanying  Tenant's  check be deemed an accord  and  satisfaction.  No act or
omission by Landlord or its  employees or agents  during the Lease Term shall be
deemed an acceptance of a surrender of the Leased Premises,  and no agreement to
accept such a surrender shall be valid unless in writing and signed by Landlord.

         SECTION  13.06.  ATTORNEYS'  FEES.  If  either  party  defaults  in the
performance  or  observance  of any  of  the  terms,  conditions,  covenants  or
obligations  contained  in this  Lease and the  non-defaulting  party  obtains a
judgment  against the  defaulting  party,  then the  defaulting  party agrees to
reimburse the  non-defaulting  party for reasonable  attorneys' fees incurred in
connection therewith.

                ARTICLE 14 - LANDLORD'S RIGHT TO RELOCATE TENANT

                             [INTENTIONALLY OMITTED]

                 ARTICLE 15 - TENANT'S RESPONSIBILITY REGARDING
                   ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES

         SECTION 15.01. DEFINITIONS.

         (a)  "Environmental  Laws" - All present or future  federal,  state and
municipal   laws,   ordinances,   rules  and   regulations   applicable  to  the
environmental  and ecological  condition of the Leased  Premises,  the rules and
regulations of the Federal Environmental Protection Agency or any other federal,
state or municipal  agency or governmental  board or entity having  jurisdiction
over the Leased Premises.

         (b)  "Hazardous  Substances"  - Those  substances  included  within the
definitions of "hazardous substances," "hazardous materials," "toxic substances"
"solid waste" or "infectious waste" under Environmental Laws.

         SECTION 15.02. COMPLIANCE.  Tenant, at its sole cost and expense, shall
promptly comply with the Environmental Laws including any notice from any source
issued  pursuant to the  Environmental  Laws or issued by any insurance  company
which shall impose any duty upon Tenant with respect to Tenant's use, occupancy,
maintenance  or alteration of the Leased  Premises  whether such notice shall be
served upon Landlord or Tenant.

         SECTION  15.03.  RESTRICTIONS  ON  TENANT.  Tenant  shall  operate  its
business and maintain the Leased Premises in compliance  with all  Environmental
Laws.  Tenant  shall  not  cause  or  permit  the  use,   generation,   release,
manufacture,  refining,  production,  processing,  storage  or  disposal  of any
Hazardous   Substances  on,  under  or  about  the  Leased   Premises,   or  the
transportation  to or from the  Leased  Premises  of any  Hazardous  Substances,
except as necessary and appropriate for its Permitted Use in which case the use,
storage  or  disposal  of  such  Hazardous  Substances  shall  be  performed  in
compliance with the Environmental  Laws and the highest standards  prevailing in
the industry.

         SECTION  15.04.  NOTICES,  AFFIDAVITS,  ETC.  Tenant shall  immediately
notify  Landlord  of  (i)  any  violation  by  Tenant,  its  employees,  agents,
representatives,  customers,  invitees or contractors of the Environmental  Laws
on,  under or about the  Leased  Premises,  or (ii) the  presence  or  suspected
presence of any Hazardous  Substances on, under or about the Leased Premises and
shall immediately  deliver to Landlord any notice received by Tenant relating to
(i)  and  (ii)  above  from  any  source.   Tenant  shall  execute   affidavits,
representations and the like within five (5) days of Landlord's request therefor
concerning  Tenant's  best  knowledge  and belief  regarding the presence of any
Hazardous Substances on, under or about the Leased Premises.

         SECTION 15.05.  LANDLORD'S  RIGHTS.  Landlord and its agents shall have
the  right,  but not the  duty,  upon  advance  notice  (except  in the  case of
emergency  when no notice shall be required) to inspect the Leased  Premises and

                                       9
<PAGE>

conduct tests thereon to determine whether or the extent to which there has been
a  violation  of  Environmental  Laws by Tenant or whether  there are  Hazardous
Substances  on, under or about the Leased  Premises.  In  exercising  its rights
herein,  Landlord shall use  reasonable  efforts to minimize  interference  with
Tenant's  business but such entry shall not constitute an eviction of Tenant, in
whole or in part, and Landlord shall not be liable for any  interference,  loss,
or damage to Tenant's property or business caused thereby.

         SECTION  15.06.  TENANT'S   INDEMNIFICATION.   Tenant  shall  indemnify
Landlord  and  Landlord's  managing  agent  from  any  and all  claims,  losses,
liabilities,  costs,  expenses and damages,  including attorneys' fees, costs of
testing and  remediation  costs,  incurred by  Landlord in  connection  with any
breach by Tenant of its  obligations  under this Article 15. The  covenants  and
obligations  under  this  Article 15 shall  survive  the  expiration  or earlier
termination of this Lease.

         SECTION  15.07.  LANDLORD'S  REPRESENTATION.  Notwithstanding  anything
contained  in this  Article  15 to the  contrary,  Tenant  shall  not  have  any
liability  to  Landlord  under this  Article 15  resulting  from any  conditions
existing,  or  events  occurring,   or  any  Hazardous  Substances  existing  or
generated,  at, in, on, under or in connection with the Leased Premises prior to
the Commencement Date of this Lease except to the extent Tenant  exacerbates the
same.

         ARTICLE 16 - MISCELLANEOUS

         SECTION 16.01.  BENEFIT OF LANDLORD AND TENANT.  This Lease shall inure
to the benefit of and be binding upon  Landlord and Tenant and their  respective
successors and assigns.

         SECTION  16.02.   GOVERNING  LAW.  This  Lease  shall  be  governed  in
accordance with the laws of the State of where the Building is located.

         SECTION 16.03.  GUARANTY.  In consideration  of Landlord's  leasing the
Leased  Premises to Tenant,  Tenant shall  provide  Landlord  with a Guaranty of
Lease  executed by the  guarantor(s)  described  in the Basic Lease  PROVISIONS,
ATTACHED HERETO AS EXHIBIT G. Notwithstanding the foregoing,  Landlord agrees to
release the Guaranty and Guarantor from its obligations therein in the event the
following conditions are satisfied: (i) at any time during the Lease Term Tenant
achieves a tangible net worth of Thirty Million Dollars ($30,000,000.00) or more
and  maintains  such a tangible  net worth for a  consecutive  twelve (12) month
period;  or (ii) at any time  during the Lease Term Tenant  achieves  net earned
income of Five Million  Dollars  ($5,000,000.00)  or more and maintains such net
earned income for a consecutive twelve (12) month period; as Landlord reasonably
determines  subparts  (i) and (ii) based upon  relevant  financial  and business
documentation submitted by Tenant; and (iii) there remain no uncured Defaults at
the time of terminating  the Guaranty.  As of the date of Landlord's  reasonable
determination  that the foregoing  conditions have been satisfied,  the Guaranty
shall be terminated  and of no further  force or effect and the Guarantor  shall
have no further liability  thereunder,  excluding,  however,  the obligations of
Guarantor  attributable  to any  period  of time  prior  to  termination  of the
Guaranty.

         SECTION 16.04. FORCE MAJEURE.  Landlord and Tenant (except with respect
to the payment of any  monetary  obligation)  shall be excused for the period of
any delay in the  performance  of any  obligation  hereunder  when such delay is
occasioned  by causes  beyond its  control,  including  but not  limited to work
stoppages,  boycotts,  slowdowns or strikes; shortages of materials,  equipment,
labor  or  energy;   unusual  weather  conditions;   or  acts  or  omissions  of
governmental or political bodies.

         SECTION 16.05.  EXAMINATION OF LEASE. Submission of this instrument for
examination  or signature  to Tenant does not  constitute  a  reservation  of or
option  for  Lease,  and it is not  effective  as a  Lease  or  otherwise  until
execution by and delivery to both Landlord and Tenant.

         SECTION 16.06.  INDEMNIFICATION  FOR LEASING  COMMISSIONS.  The parties
hereby  represent and warrant that the only real estate brokers  involved in the
negotiation and execution of this Lease are the Brokers.  Landlord agrees to pay
a  commission  to the  Brokers  pursuant  to the  terms  of a  separate  written
agreement between Landlord and the Brokers. Each party shall indemnify the other
from any and all liability for the breach of this representation and warranty on
its part and shall pay any compensation to any other broker or person who may be
entitled thereto.

         SECTION 16.07.  NOTICES.  Any notice  required or permitted to be given
under  this  Lease or by law shall be deemed to have been given if it is written
and  delivered  in person or by overnight  courier or mailed by certified  mail,
postage  prepaid,  to the party who is to  receive  such  notice at the  address
specified in Article 1. If delivered in person,  notice shall be deemed given as
of the delivery date. If sent by overnight courier, notice shall be deemed given
as of the first  business  day after  sending.  If mailed,  the notice  shall be
deemed to have been  given on the date  which is three (3)  business  days after
mailing. Either party may change its address by giving written notice thereof to
the other party.

                                       10
<PAGE>

         SECTION 16.08. PARTIAL INVALIDITY; COMPLETE AGREEMENT. If any provision
of this Lease shall be held to be invalid, void or unenforceable,  the remaining
provisions  shall remain in full force and effect..  This Lease  represents  the
entire agreement between Landlord and Tenant covering  everything agreed upon or
understood  in  this  transaction.  There  are  no  oral  promises,  conditions,
representations,  understandings,  interpretations  or  terms  of  any  kind  as
conditions  or  inducements  to the  execution  hereof or in effect  between the
parties.  No change or addition  shall be made to this Lease except by a written
agreement executed by Landlord and Tenant.

         SECTION  16.09.  FINANCIAL  STATEMENTS.  During  the Lease Term and any
extensions thereof,  Tenant shall provide to Landlord on an annual basis, within
one hundred twenty (120) days following the end of Tenant's  fiscal year, a copy
of Tenant's most recent financial  statements prepared as of the end of Tenant's
fiscal year. Such financial  statements  shall be certified and signed by Tenant
who shall attest to the truth and accuracy of the  information set forth in such
statements.  All financial  statements  provided by Tenant to Landlord hereunder
shall be prepared in conformity with generally accepted  accounting  principles,
consistently applied.

         SECTION  16.10.   REPRESENTATIONS   AND  WARRANTIES.   The  undersigned
represent and warrant that (i) such party is duly  organized,  validly  existing
and in good standing (if  applicable)  in accordance  with the laws of the state
under which it was organized;  and (ii) the individual  executing and delivering
this  Lease  has been  properly  authorized  to do so,  and such  execution  and
delivery shall bind such party.

         SECTION 16.11.  AGENCY DISCLOSURE.  Tenant acknowledges having reviewed
the Agency Disclosure  Statement and Tenant  acknowledges that said Statement is
signed  and  attached  hereto  and made a part  hereof as  EXHIBIT C. The broker
identified as  representing  Landlord in Item J of Section 1.01 hereof,  and its
agents and employees,  have represented  only Landlord,  and have not in any way
represented  Tenant, in the marketing,  negotiation and completion of this lease
transaction.

         SECTION 16.12. OPTION TO EXTEND.

         (A) GRANT AND EXERCISE OF OPTION. Provided that (i) Tenant has not been
in Default beyond any applicable cure periods at any time during the Lease Term,
(ii) the  creditworthiness of Tenant is materially the same as or better than on
the  Commencement  Date,  (iii) Tenant named herein or Permitted  Transferee (as
defined herein) remains in possession of and has been continuously  operating in
substantially the entire Leased Premises  throughout the Lease Term and (iv) the
current  use of the  Leased  Premises  is  consistent  with  the  Permitted  Use
hereunder, Tenant shall have one (1) option to extend the Lease Term for one (1)
additional period of five (5) years (the "Extension  Term").  The Extension Term
shall be upon the same terms and conditions contained in the Lease for the Lease
Term except (i) the term of the Lease  shall be five (5) years;  and (ii) Tenant
shall not have any further  option to extend and (iii) the  Minimum  Annual Rent
shall be adjusted as set forth herein ("Rent Adjustment"). Tenant shall exercise
such option by delivering to Landlord, no later than six (6) months prior to the
expiration of the Lease Term,  written  notice of Tenant's  desire to extend the
Lease Term. Tenant's failure to properly exercise such option shall waive it. If
Tenant properly exercises its option to extend,  Landlord shall notify Tenant of
the Rent Adjustment no later than ninety (90) days prior to the  commencement of
the Extension Term.  Tenant shall be deemed to have accepted the Rent Adjustment
if it fails to deliver to Landlord a written  objection  thereto within five (5)
business days after receipt thereof.  If Tenant properly exercises its option to
extend,  Landlord  and Tenant  shall  execute an  amendment to the Lease (or, at
Landlord's  option,  a new  lease  on the  form  then in use  for the  Building)
reflecting  the terms and conditions of the Extension  Term,  within thirty (30)
days after Tenant's acceptance of the Rent Adjustment.

         (B) MARKET RENT  ADJUSTMENT.  The Minimum Annual Rent for the Extension
Term shall be an amount equal to ninety percent (90%) of the Minimum Annual Rent
then being  quoted by Landlord to  prospective  new tenants of the  Building for
space of comparable size and quality and with similar or equivalent improvements
as are found in the  Building,  and if none,  then in similar  buildings  in the
vicinity, excluding free rent and other concessions;  provided, however, that in
no event shall the Minimum  Annual Rent during the  Extension  Term be less than
Five  Dollars and Eighty  Three Cents  ($5.83) per  rentable  square foot of the
Leased  Premises.  The  Minimum  Monthly  Rent  shall  be  an  amount  equal  to
one-twelfth  (1/12) of the Minimum  Annual Rent for the Extension Term and shall
be paid at the same time and in the same manner as provided in the Lease.

         SECTION 16.13.  RIGHT OF FIRST OFFER.  Provided that (i) Tenant has not
been in Default beyond any applicable  cure periods at any time during the Lease
Term,  (ii) the  creditworthiness  of Tenant is materially the same as or better
than  on the  Commencement  Date,  (iii)  Tenant  named  herein  or a  Permitted
Transferee  (as  defined   herein)   remains  in  possession  of  and  has  been
continuously  operating in substantially  the entire Leased Premises  throughout
the Lease Term and (iv) the  current use of the Leased  Premises  is  consistent
with the Permitted Use hereunder,  and subject to any rights of other tenants to
the Offer Space,  Landlord shall notify Tenant in writing ("Landlord's  Notice")

                                       11
<PAGE>

before entering into a lease with a third party of the  availability of rentable
space within the Building as such space becomes available for leasing during the
Lease Term (the "Offer  Space").  Tenant shall have ten (10)  business days from
its receipt of  Landlord's  Notice to deliver to  Landlord a written  acceptance
agreeing  to lease the Offer  Space on the terms  and  conditions  contained  in
Landlord's  Notice.  In  the  event  Tenant  fails  to  notify  Landlord  of its
acceptance  within said ten (10) day period,  such failure shall be conclusively
deemed a waiver of Tenant's  Right of First  Offer and a rejection  of the Offer
Space,  whereupon  Tenant shall have no further rights with respect to the Offer
Space and Landlord  shall be free to lease the Offer Space to a third party.  In
the event Tenant accepts the Offer Space on the terms and  conditions  specified
in the Landlord's Notice, the term for the Offer Space shall be coterminous with
the term for the original Leased Premises;  provided,  however, that the minimum
term  for the  Offer  Space  shall  be sixty  (60)  months  and the Term for the
original Leased Premises shall be extended,  to be coterminous with the term for
the Offer Space.  The Minimum  Annual Rent for the Offer Space shall be equal to
the rate which is then being quoted by Landlord to  prospective  new tenants for
the Offer Space, excluding free rent and other concessions,  provided,  however,
that in no event  shall  Tenant's  Minimum  Annual  Rent per square foot for the
Offer Space be less than the highest Minimum Annual Rent per square foot payable
during the original  Lease Term for the original  Leased  Premises.  The Minimum
Annual Rent for the  original  Leased  Premises  during any part of the extended
term beyond the original  Lease Term shall be an amount equal to Ninety  Percent
(90%) of the Minimum  Annual Rent then being  quoted by Landlord to  prospective
new tenants of the  Building for space of  comparable  size and quality and with
similar or equivalent  improvements  as are found in the Building,  and if none,
then in  similar  buildings  in the  vicinity,  excluding  free  rent and  other
concessions,  provided,  however, that in no event shall the Minimum Annual Rent
during any such extended term be less than Five Dollars and  Eighty-Three  Cents
($5.83) per rentable square foot of the original Leased Premises.

         It is understood  and agreed that  Tenant's  Right of First Offer is an
ongoing and continuing  right.  To this end and in the event Tenant  declines or
fails to elect to lease the Offer Space,  then  Tenant's  rights with respect to
the  offered  portion  of the Offer  Space  shall  automatically  terminate  and
thereafter  be null and void as to such space;  provided,  however,  that in the
event such space  subsequently  becomes  available for leasing,  Landlord  shall
again offer such space to Tenant in  accordance  with the terms  hereof,  except
that  Tenant  shall  be  provided  only a five  (5) day  period  to  respond  to
Landlord's  Notice. It is further understood and agreed that this Right of First
Offer  shall  not be  construed  to  prevent  any  tenant in the  Building  from
extending or renewing its lease.

         SECTION 16.14. OPTION TO EXPAND. WITHIN THE BUILDING - FIRST GENERATION
SPACE. At any time within the twelve (12) months following the date of execution
hereof  and  subject  to  the  availability  of  space,  Tenant  or a  Permitted
Transferee  shall  have the option to expand  the  Leased  Premises  ("Expansion
Option"),  to occupy  space  consisting  of a minimum  of an  additional  12,800
rentable square feet of any previously  unleased,  first generation space in the
Building  (the  "Expansion  Space").  In the event Tenant elects to exercise its
Expansion Option, Landlord and Tenant hereby agree that (i) Tenant shall provide
Landlord with one hundred  twenty (120) days prior written  notice of its desire
to expand;  and (ii) if said  Expansion  Space is available for lease to Tenant,
the term for the  Expansion  Space  shall be  coterminous  with the term for the
original Leased Premises,  and the Minimum Rent for the Expansion Space shall be
equal to and amount of Four  Dollars and Forty Five Cents  ($4.45) per  rentable
square foot of the Expansion Space.  Landlord shall provide Tenant with a tenant
finish  improvement  allowance  equal to Six Dollars ($6.00) per rentable square
foot of the  Expansion  Space  ("Landlord's  Expansion  Allowance").  Landlord's
Expansion  Allowance shall be applied solely toward the cost of constructing and
completing  the  tenant  finish  improvements  within  the  Expansion  Space for
Tenant's use and occupancy of the Expansion Space. The cost of any tenant finish
improvements  within the  Expansion  Space which exceed the amount of Landlord's
Expansion  Allowance  shall be paid in full by Tenant to Landlord  within thirty
(30) days of  Tenant's  receipt  of an  invoice  therefor.  If  Tenant  properly
exercises  its Option to Expand,  Landlord and Tenant shall execute an amendment
to the Lease  reflecting  the  above-described  terms for the Expansion  Option,
within thirty (30) days after  Tenant's  receipt of Landlord's  Notice  advising
that the Expansion  Space is available.  In the event Landlord  notifies  Tenant
that the Expansion  Space is not available for lease to Tenant,  this  Expansion
Option shall remain in effect with  respect to any space  becoming  available at
any time during the Lease Term.

         SECTION 16.15.  EARLY  OCCUPANCY.  Landlord shall permit Tenant to take
possession of the Leased Premises forty five (45) days prior to the Commencement
Date for the purpose of installing  Tenant's  racking in the Leased Premises and
Landlord  shall  permit  Tenant to take  occupancy  of the Leased  Premises  for
purposes of occupancy the Leased  Premises ; provided,  however,  that all terms
and  conditions  of  this  Lease  shall  become  effective  upon  Tenant  taking
possession and occupancy of the Leased  Premises,  except for payment of Minimum
Annual Rent and Annual Rental Adjustment which will commence on the Commencement
Date.

         SECTION  16.16.  PARKING.  During  the  Lease  Term and any  extensions
thereof and provided Tenant is not in Default  hereunder,  Tenant shall have the
non-exclusive  use of a total 170 parking space  consisting of 95 parking spaces
in the parking area  located in the front of the Building and 76 parking  spaces
located in the parking area located behind the Building.  Only one vehicle shall
be  parking in each  space at one time.  In  addition,  Tenant  agrees  that its
employees and agents will not park in spaces designated "visitor parking".

                                       12
<PAGE>

         SECTION 16.17. CONTINGENCY.  Landlord and Tenant hereby acknowledge and
agree that this Lease shall be and is contingent for a period of forty-five (45)
days following the execution  date of this  Agreement  upon Tenant  successfully
securing tax abatement on the real  property from the City of Columbus.  If such
contingency is not satisfied within said forty-five (45) day period,  Tenant may
terminate this Lease at its election,  by providing Landlord with written notice
on or before the expiration of said  forty-five  (45) day period  verifying that
(i) such  contingency has not been  satisfied;  (ii) Tenant desires to terminate
this Lease;  and (iii)  tendering to Landlord the  reimbursement  and liquidated
damages  payments  described below. In the event Tenant elects to terminate this
Lease as provided above,  Tenant shall indemnify and hold harmless Landlord from
and  against  all  obligations,  liabilities,  costs and  expenses  incurred  by
Landlord through the date of Tenant's termination including,  but not limited to
,  all  design   engineering,   pre-construction   and  construction  costs  and
construction  management  fees  associated  with the tenant finish  improvements
contemplated  in this Lease.  In addition,  Landlord and Tenant  acknowledge and
agree that Landlord will suffer other damages and expenses not readily or easily
ascertainable in the event Tenant terminates this Lease as provided above and as
a condition  precedent to Tenant's  termination  of the Lease,  Tenant shall pay
Landlord the sum of Five Hundred  Thousand  Dollars  ($500,000.00) as liquidated
damages for such other costs and  expenses  to be suffered by  Landlord.  In the
event Tenant fails to provide  Landlord  with such  written  notice  within said
forty-five (45) day period, the contingency defined herein shall have no further
force or effect, and Tenant shall have no further right to terminate this Lease,
and that remainder of this Lease shall be deemed in full force and effect.

         SECTION 16.18. TERMINATION OF INDEMNIFICATION  AGREEMENT.  Landlord and
Tenant  hereby  acknowledge  and  agree  that  the   Indemnification   Agreement
previously  executed  by Tenant  and  Guarantor  shall be  terminated  and of no
further  force or  effect  upon the full  execution  of this  Lease and that any
obligation  of  Tenant  to  indemnify  Landlord  for  such  design  engineering,
pre-construction,  or construction  costs shall be governed by the terms of this
Lease.

                                       13
<PAGE>

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

WITNESS 1:                           LANDLORD:

/S/ DAVID R. PATTEN               DUKE-WEEKS REALTY LIMITED
-------------------               PARTNERSHIP, an Indiana limited partnership
(Signature)

DAVID R. PATTEN                   By:   Duke-Weeks Realty Corporation,
----------------                        its general partner
(Printed)

WITNESS 2:

                                  BY: /S/ J. KURT DEHNER
                                  ------------------------
/S/ LAUREN MCELHANEY              J. Kurt Dehner
--------------------              Senior Vice President
(Signature)                       Columbus Industrial

LAUREN MCELHANEY
----------------
(Printed)

WITNESS 1:                        TENANT:
/S/ EDWARD J. SITAR               CONTINENTAL MANAGED PHARMACY
-------------------               SERVICES, INC., an Ohio corporation
(Signature)

EDWARD J. SITAR                    BY: /S/ AMY S. ANDRES
----------------                   -------------------------------------
(Printed)
                                   PRINTED: AMY S. ANDRES
                                   ----------------------------------
WITNESS 2:

/S/ SCOTT ROBINS                        TITLE: SENIOR VICE PRESIDENT, MARKETING
---------------------------             AND FULFILLMENT
(Signature)

SCOTT ROBINS
------------
(Printed)

                                       14

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