Document:

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                                                               Exhibit No. 10.01
                                                               Fimat USA, Inc.

                               CUSTOMER AGREEMENT

In consideration of the acceptance by FIMAT USA, Inc. ("FIMAT") of one or more
accounts (the "Account(s)") of the undersigned ("Customer"), and of FIMAT acting
as broker for Customer, the Customer agrees as follows:

I.   RISKS AND AUTHORITY

     A.   RISKS OF COMMODITY TRADING. In addition to the Commodity Futures
          Trading Commission ("CFTC") mandated Risk Disclosure Statement
          attached hereto, Customer understands that (i) Customer may be trading
          in commodity futures contracts, options on commodity futures
          contracts, foreign futures contracts and options on foreign futures
          contracts (collectively, "Commodity Futures Contracts"), securities
          and securities options (collectively, "Securities"), derivative
          instruments, spot and forward contracts, physical commodities, cash
          and other properties and options thereon (collectively, "Other Account
          Instruments") and/or currencies and foreign exchange contracts and
          options thereon ("Forex," and together with Commodity Futures
          Contracts, Securities, Other Account Instruments and Forex being
          herein collectively defined as "Commodities"), and such trading is
          highly speculative, (ii) prices are subject to sharp upward and
          downward movements, (iii) price fluctuations may result in losses
          which substantially exceed the capital in Customer's Account(s), (iv)
          on trading days on which the subject of Customer's trading reaches its
          permissible exchange price limit, trading may cease, as a result of
          which Customer may be locked into substantial losses, and (v) in
          transactions on exchanges on which foreign currency is used, any
          profit or loss may be affected by exchange rate fluctuations. Customer
          is willing and able, financially and otherwise, to assume the risks of
          such trading. Customer recognizes that assurance of profit or freedom
          from loss is impossible to guaranty. Customer has received no
          assurance and will place no orders in reliance on any such assurance
          or similar representations. Customer understands that FIMAT may
          without notice to Customer exercise any of the remedies listed in
          Sections III.O and IV hereof if Customer fails to maintain adequate
          margin or if any other event of default occurs. Customer agrees to
          review carefully each confirmation statement FIMAT sends Customer and
          notify FIMAT immediately in accordance with Section III.F hereof.

     B.   FIMAT'S AUTHORITY AND RESPONSIBILITY. Customer authorizes FIMAT to
          purchase and sell Commodities, as agent for Customer's Account(s) in
          accordance with the oral or written instructions of Customer or
          persons authorized in writing to act, or persons reasonably believed
          by FIMAT to be acting, on Customer's behalf. Unless Customer specifies
          to the contrary, FIMAT is authorized to execute all orders on any
          exchange or other market where such business is conducted which may be
          deemed by FIMAT, in its sole discretion, to be appropriate. Customer
          hereby waives any defense that any such instruction was not in
          writing, as may be required by any law, rule or regulation. FIMAT
          agrees to provide the services contemplated hereunder in any
          commercially reasonable manner.

          Customer authorizes FIMAT or its agents to investigate Customer's
          credit standing and in connection therewith to contact such banks
          (including, without limitation, any of FIMAT's Affiliates, such as
          Societe Generale), financial institutions and credit agencies, as
          FIMAT shall deem appropriate to verify information regarding Customer.
          Customer authorizes FIMAT, in its sole discretion, to provide and/or
          exchange any financial information with respect to Customer with any
          of FIMAT's Affiliates.

     C.   INTRODUCED ACCOUNTS (ONLY IF APPLICABLE). Customer understands that
          Customer's Account(s) with FIMAT was introduced to FIMAT by an
          Intermediary (as defined in Section II.F below), and that, except for
          companies which are members of the FIMAT Group, the Intermediary is an
          independent business entity which is not in any way affiliated with or
          an agent of FIMAT. Customer hereby authorizes FIMAT to accept all
          orders and instructions from its Intermediary and hereby ratifies all
          orders and instructions which FIMAT believes in good faith to have
          been transmitted by its Intermediary on Customer's behalf, which FIMAT
          is authorized to act upon. If Customer is dealing with an
          Intermediary, make all checks payable to, and wire all funds directly
          to "FIMAT USA, Inc." FIMAT INTERMEDIARIES DO NOT HANDLE CUSTOMER
          FUNDS, EXCEPT TO FORWARD TO FIMAT CHECKS MADE OUT TO FIMAT.

     D.   Customer Representations and Warranties. Except as disclosed in
          writing to FIMAT prior to execution an( delivery of this Agreement or
          in a subsequent written notice from Customer to FIMAT, Customer
          represents an( warrants as follows: (1) Customer is not (a) a general
          partner, officer, director, more than ten percent owner correspondent,
          agent (or person associated with an agent), associated person, or
          employee of a futures commission merchant, commodity trading advisor,
          commodity pool operator, or an introducing broker, (b) a relative,
          spouse, o: relative of a spouse of any of the foregoing persons who
          shares the same home with any such person, (c) a member of an exchange
          or a director or employee of an exchange, bank, trust company,
          insurance company, or regulator or self-regulatory organization, or
          (d) engaged individually or as an employee in the business of dealing,
          as broke or principal, in Commodities other items, documents of title
          relating to Commodities, bills of exchange

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          acceptances, or other forms of commercial paper, and if Customer
          becomes so employed or engaged Customer will promptly notify FIMAT in
          writing; (2) Customer, if applicable, (a) is duly organized and in
          good standing under the laws of the jurisdiction in which it was
          organized and in all jurisdictions where it is qualified to do
          business; (b), has the requisite capacity, power and authority to
          execute, deliver and perform its obligations under this Agreement and
          such Other Agreement, including without limitation, the granting of
          any security interests in the Collateral as contemplated hereby and
          thereby; (c) none of the execution, delivery or performance by
          Customer of its obligations under this Agreement or such Other
          Agreement conflict with the provisions of any material contract,
          agreement or instrument binding upon you or your properties, or the
          provisions of any law, statute, rule, regulation or decree, order or
          determination of any court of law applicable to Customer; and (d) no
          consent, authorization, permit or filing is required in connection
          with the execution, delivery and performance by Customer of this
          Agreement or such Other Agreement, except those that have been
          obtained or made and filings necessary to create, perfect and retain
          any security interest in, or lien upon, any Collateral for any of
          Customer's obligations to FIMAT; (3) Customer, if an individual, is of
          sound mind, legal age and legal competence; (4) no person other than
          Customer has or will have an interest in Customer's Account(s) except
          as otherwise disclosed in writing to FIMAT and (5) all the information
          provided in the Customer Application is true, correct and complete as
          of the date hereof and that Customer will promptly notify FIMAT of any
          material changes in such information.

     E.   CUSTOMER IS PRINCIPAL. Unless Customer has advised FIMAT in writing
          otherwise prior to execution and delivery  of this Agreement,
          Customer is acting for Customer's Account(s) as principal and not as
          agent in transactions under this Agreement. Customer will give
          written notice to FIMAT before granting any person or entity any
          interest in Customer's Account(s) or undertaking to act as agent for
          any party with respect to Customer's Account(s).

II.  DEFINITIONS (As used in the singular or plural)

     A.   AFFILIATE. "Affiliate" includes Societe Generale, FIMAT International
          Banque, SA and any of their affiliates or subsidiaries.

     B.   AGREED BY FIMAT. "Agreed by FIMAT" means an agreement in writing under
          the hand of a person whose name and signature at the material time
          appear on a list of authorized signatories maintained by FIMAT at its
          offices. A copy of the list is available for inspection upon
          reasonable notice at FIMAT's offices during usual business hours.

     C.   APPLICABLE LAW. "Applicable Law" shall have the meaning set forth in
          Section III.A.3 below.

     D.   COLLATERAL. "Collateral" means all of Customer's right, title and
          interest in and to all goods and other property, including without
          limitation, Commodities, the Account(s), inventory, documents,
          accounts, general intangibles, chattel paper and all proceeds of such
          property including but not limited to interest on or profits from the
          Account(s). Any property en route to or allocated by any third party
          to FIMAT and/or any Affiliate shall be deemed "Collateral" for
          purposes of this Agreement.

     E.   COMMODITY EXCHANGE. "Commodity Exchange" means any exchange,
          association, contract market or clearing association, whether
          incorporated or unincorporated, or persons who are engaged in the
          business of buying or selling any commodity or receiving the same for
          sale on consignment.

     F.   INTERMEDIARY. "Intermediary" includes an introducing broker, fully
          disclosed futures commission merchant, foreign broker, or any other
          person or entity acting in a similar capacity.

     G.   LIABILITY. "Liability" means all Customer's obligations direct or
          indirect to FIMAT or its Affiliates of whatever form and however
          arising, including any indebtedness now or hereafter existing under
          this Agreement or any Other Agreement or any debit balances in the
          Account(s).

     H.   OTHER AGREEMENT. "Other Agreement" means any and all agreements,
          documents and instruments (including, without limitation, promissory
          note(s), security agreement(s), pledge agreement(s) and guaranty(s))
          executed by or on behalf of Customer in favor of FIMAT and/or an
          Affiliate, as such agreements, documents and instruments may be
          amended, supplemented or otherwise modified. from time to time in
          accordance with their respective terms.

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III. TERMS OF TRANSACTIONS

     A.   APPLICABLE RULES AND TERMS. The Account(s) and all transactions and
          agreements in respect of the Account(s) shall be subject to:

          1.   the terms of this Agreement and any other terms Agreed by FIMAT
               and Customer;

          2.   FIMAT's terms from time to time in effect with respect to the
               specific type of transaction and the terms of FIMAT's
               confirmation of the transaction, except to the extent
               specifically inconsistent with Subsection III.A.1 above;

          3.   the regulations of all applicable Federal, state and
               self-regulatory agencies or authorities, including but not
               limited to: (i) the provisions of the Commodity Exchange Act, as
               amended, and any rules, regulations, orders and interpretations
               promulgated thereunder by the CFTC; and (ii) the constitution, by
               laws, rules, regulations, orders and interpretations of the
               Commodity Exchange (and its clearing house, if any) on which such
               transactions are executed and cleared, and any relevant
               registered futures association, including, without limitation,
               the National Futures Association ("NFA"), except to the extent
               Subsections III.A.1 or III.A.2 above provide more specific
               restrictions. All such provisions, rules, regulations, orders,
               interpretations, constitution, by-laws, custom and usage are
               hereinafter collectively referred to as "Applicable Law;" and

          4.   customary practice in the trade, except to the extent
               specifically inconsistent with Subsections III.A.1, III.A.2, or
               III.A.3 above.

     B.   MARGIN. Customer will pay to FIMAT (and only to FIMAT) all amounts
          FIMAT requires as margin or to satisfy any other of Customer's
          obligations under this Agreement in U.S. Dollars in immediately
          available funds, unless otherwise agreed, as FIMAT requires. FIMAT at
          any time may change the margin requirements with respect to Customer's
          Account(s) for existing positions as well as for new positions. The
          required margin may exceed the margin required by the Commodity
          Exchange (and its clearing house, if any) on which trades are cleared
          on behalf of Customer.

          FIMAT HAS NO OBLIGATION TO NOTIFY CUSTOMER OF ANY INSUFFICIENCY OF
          MARGIN IN CUSTOMER'S ACCOUNT(S) PRIOR TO EXERCISING RIGHTS AND
          REMEDIES UNDER SECTION IV OF THIS AGREEMENT.

     C.   FEES AND COMMISSIONS. Customer will pay the fees and commissions FIMAT
          charges from time to time. FIMAT may share its fees, commissions and
          amounts accruing on Customer's Account(s) with persons that introduce
          Customer to FIMAT or provide other services to FIMAT.

     D.   INTEREST. If Customer fails to pay FIMAT in immediately available
          funds any sum when due, then unless otherwise provided in any, Other
          Agreement, Customer will pay interest to FIMAT on the unpaid sum,
          while outstanding, at the lesser of (i) the maximum legal rate or (ii)
          150% of the publicly announced prime lending rate of Societe Generale
          New York Branch as in effect from time to time while the unpaid sum is
          outstanding, compounded monthly. Customer acknowledges that FIMAT may
          receive and retain as its own any increment or interest accruing from
          any of the funds FIMAT receives from Customer.

     E.   NO STANDARD REQUIREMENT. FIMAT has no obligation to impose uniform
          margin requirements, to publish details of fees or commissions, or to
          charge uniform fees, commissions or interest rates.

     F.   CONFIRMATIONS AND STATEMENTS. FIMAT will promptly confirm in writing
          all transactions undertaken for Customer's Account(s). Customer shall
          timely review all confirmations received from FIMAT to check that the
          description of the transactions is accurate and that no transaction is
          omitted. Customer is conclusively bound by FIMAT's confirmations and
          statements of Customer's Account(s) if Customer does not object in
          writing before the earlier of ten days following transmission to
          Customer or by market opening on the day following Customer's actual
          receipt of such confirmation statements. With respect to transactions
          which Customer authorizes but for which no confirmation is received,
          Customer shall be deemed to have waived all objections unless FIMAT
          has received Customer's written request for a copy of the confirmation
          within five days of the transaction date. Customer understands that
          Customer should direct inquiries to FIMAT at 630 Fifth Avenue, Suite
          500, New York, New York 10111, Attention: Compliance Department, or
          such other address as FIMAT may hereafter provide Customer. For the
          reporting of any alleged unauthorized trades or other trade
          improprieties, FIMAT authorizes and will accept "collect" telephone
          calls to the Compliance Department at (212) 504-7446. FIMAT is not
          bound by prices or transactions reported in error on confirmations and
          statements of Customer's Account(s).

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          Customer hereby authorizes FIMAT to transmit to it all confirmation
          and other statements of account activity, funds and positions by
          facsimile transmission or through the Internet to such address as
          Customer designates on the Customer Application, or as Customer
          designates from time in a writing addressed to the Compliance
          Department, as set forth in this paragraph. FIMAT reserves the right
          to assess its standard charge from time to time in effect for
          confirmation and other statements of account activity, funds and
          positions provided to customer through any other medium, as well as
          for duplicate statements of any kind. This authorization shall be;
          perpetual, unless revoked in writing by Customer in a writing
          addressed to the Compliance Department, as set forth in this
          paragraph.

     G.   CAPACITY OF FIMAT; FLOOR BROKERS AND OTHERS; INDEMNIFICATION. FIMAT
          will execute Customer's; transactions solely as agent of Customer. In
          executing transactions on a Commodity Exchange, FIMAT may utilize
          floor brokers (who may be employees or other agents of FIMAT), and
          will be responsible for reasonable care in the selection of such
          brokers, but will not be responsible to Customer for negligence or
          misconduct of an independent floor broker if, at the time the floor
          broker was selected, the floor broker was authorized to act as suck
          under the rules of the relevant Commodity Exchange and the appropriate
          regulatory agency. FIMAT will not be responsible to Customer in the
          event of error, failure, negligence, or misconduct on the part of any
          Intermediary, commodity trading advisor, or other person acting on
          Customer's behalf and, without limiting the foregoing, FIMAT has no
          obligation to investigate the facts surrounding any transaction in
          Customer's Account(s) which is introduced by such Intermediary,
          commodity trading advisor, or other person. Customer will indemnify
          FIMAT and hold it harmless from and against any and all liabilities,
          penalties, losses, and expenses, including legal expenses, incurred by
          FIMAT as a result of any error, failure, negligence, or misconduct on
          the part of any such Intermediary, commodity trading advisor, or other
          person acting on Customer's behalf. FIMAT shall not responsible for
          any loss or damage caused, directly or indirectly, from any delays or
          inaccuracies in the transmission of orders, including but not limited
          to our automated order routing systems, or other information d to a
          breakdown in or. failure of any transmission or communication
          facilities for any reason including those reasons described in Section
          V.D. hereof. FIMAT shall only be liable for actions or inactions by
          FIMAT which amount to gross negligence or fraud. Customer also agrees
          that FIMAT shall not be liable to Customer for any losses, costs;
          expenses, or other damages sustained by Customer in the event of any
          failure or delay by any exchange, market, clearing house, bank or
          other depository institution where any of Customer's funds or other
          assets are maintained; or a failure or delay by any member, bank or
          agent of any of the foregoing, or a failure or delay by any of the
          foregoing to enforce its rules, to fulfill its obligations, or to make
          any payment, for any reason whatsoever. Customer waives any claim,
          cause of action or right as against FIMAT, its employees or agents
          which may arise or occur as a result thereof.

     H.   Transaction Limits; Acceptance of Orders. FIMAT, solely for its own
          benefit and the benefit of other customers, may limit the number of
          transactions FIMAT executes, and the open positions FIMAT maintains or
          acquires, for Customer. Customer, acting alone or in concert with
          others, will not make any trade through FIMAT which would have the
          effect of exceeding the lower of limits imposed by FIMAT, the
          Commodity Exchange on which the transactions are executed, or any
          regulatory agency. If Customer exceeds its limit, FIMAT may require.
          the transfer of Customer's positions to another firm, or FIMAT may
          liquidate some or all of the Customer's positions as FIMAT elects in
          its sole discretion. Customer agrees to promptly advise FIMAT if
          Customer is required to file reports of its positions to the CFTC or
          any Commodity Exchange.

     I.   Liquidation of Offsetting Positions. FIMAT shall liquidate any
          contract for which an offsetting order is entered by Customer on a
          first in, first out ("FIFO") basis, unless Customer instructs FIMAT
          not to liquidate such contract and to maintain the offsetting
          contracts as open positions; provided, that FIMAT shall not be
          obligated to comply with any such instructions given by Customer if
          Customer fails to provide FIMAT with any representations,
          documentation or information reasonably requested by FIMAT or if in
          FIMAT's reasonable judgment, any failure, to liquidate such offsetting
          contracts against each other on a FIFO basis would result in a
          violation of Applicable Law.

     J.   Separate Accounts. Pursuant to CFTC Rule 1.46(e)(1), if FIMAT
          maintains or directs the trading for more than one account for
          Customer then, if held open, offsetting long and short positions in
          the separate accounts may result in the charging of additional fees
          and commissions and the payment of additional margin, although
          offsetting positions will result in no additional market gain or loss.

     K.   Failure of Delivery. At least five business days prior to the earlier
          of first notice or last trading day of the delivery month, Customer
          must advise FIMAT whether Customer intends to take or make delivery,
          as the case may be, of items purchased and sold by FIMAT at Customer's
          direction, and, if delivery is intended, Customer must demonstrate to
          FIMAT's satisfaction Customer's ability to perform Customer's delivery
          obligations, in any manner required by FIMAT including, without
          limitation, by depositing with FIMAT the funds or documents necessary
          for

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          delivery. If Customer fails to so advise FIMAT or to demonstrate
          satisfactorily Customer's ability to perform, then without notice or
          demand to Customer, FIMAT may, but shall have no duty to, liquidate
          such positions on terms FIMAT deems reasonable, or take any other
          action FIMAT deems reasonable, including taking or making delivery as
          the case may be. If Customer fails to supply FIMAT, in a timely
          manner, with any item FIMAT has sold Customer's direction, FIMAT may
          borrow or purchase the item from any party, including an Affiliate, to
          make the delivery. FIMAT has no duty to borrow or purchase the item.
          Customer shall comply fully with Applicable Laws relating to taking or
          making any delivery, and shall, if taking delivery, take all steps as
          provided thereunder ensure that all items to be delivered are in
          compliance with Applicable Law. Customer will hold harmless and
          indemnify FIMAT for all liabilities, penalties, losses, and expenses,
          including any legal expenses and any penalty imposed by any Commodity
          Exchange, FIMAT incurs or reasonably anticipates incurring if Customer
          fails timely (1) to take good delivery of any item FIMAT has purchased
          at Customer's direction, (2) to supply FIMAT with or otherwise make
          good delivery of any item FIMAT has sold at Customer's direction, or
          otherwise, in connection with a delivery, or (3) to comply with
          Applicable Law, and FIMAT may in the event of any such failure,
          apparent failure, or otherwise withhold from Customer's Account(s)
          with FIMAT or any Affiliates the amount (however denominated)
          estimated by FIMAT as sufficient to satisfy the above indemnity, for
          application as FIMAT deems appropriate.

     L.   FORWARDING AND STORAGE OF MATERIAL. If FIMAT on Customer's behalf
          arranges for packaging, shipping storage, or insurance, FIMAT's only
          liability will be for gross negligence or willful misconduct in the
          making of the arrangements.

     M.   REIMBURSEMENT FOR TAXES, ETC. Customer will indemnify FIMAT for all
          taxes, levies, imposts, duties, charges and fees (including legal
          expenses) incurred in connection with any sale, purchase, forwarding
          or storage.

     N.   PAYMENT. Customer's payments must be in freely transferable and
          immediately available funds to FIMAT account at a bank designated by
          FIMAT and without deduction for any taxes, imposts, duties, charges,
          or fees, free and clear of any withholding, restrictions, or
          conditions of any nature when received by FIMAT. Payment may not be
          effected by the delivery of bank notes or other legal tender unless
          Agreed by FIMAT. FIMAT may withhold any delivery until it receives
          payment in the foregoing manner.

     O.   CLOSEOUT. Whenever FIMAT in its sole discretion, considers it
          necessary for Customer's protection or FIMAT's protection, FIMAT may,
          but is not obligated to, refuse to accept new positions and/or close
          out otherwise liquidate Customer's positions, and Customer will be
          liable for any deficiency in Customer's Account that may result
          therefrom.

     P.   OPTIONS EXERCISE. Customer agrees that if Customer has a commodity
          option position with FIMAT and does provide timely instructions
          regarding the exercise of a commodity option on the last day of
          trading in that option. FIMAT, in its sole discretion and without
          prior notice to Customer, is authorized to exercise or abandon (i.e.
          let expire) the option. Customer further agrees that any exercise or
          abandonment of an option by FIMAT pursuant to this Agreement shall be
          for Customer's sole account and risk and FIMAT shall have no liability
          with respect thereto, and FIMAT shall have no duty to exercise such
          authority. Customer further agrees that, without FIMAT's written
          consent, Customer may not, on any day, exercise more than 20 options
          contracts with FIMAT unless Customer has margin with FIMAT in excess
          of the amount of margin FIMAT requires for the futures contract
          Customer would be assigned as a result of such exercise.

          Customer acknowledges that FIMAT's confirmation of purchase and sale
          statements will reflect option expiration dates that FIMAT obtains
          from sources generally believed to be reliable, and FIMAT will be
          responsible only for gross negligence, willful misconduct or fraud in
          connection therewith. If Customer holds options with a Friday
          expiration date, it is possible that, if a grantor, Customer could be
          assigned a futures position after the expiration of the option on
          Friday, and on some exchanges, as late as Saturday morning.

     Q.   ADJUSTMENTS. On rare occasion FIMAT may, in error, not fill Customer's
          order or fill Customer's order at a price which is less favorable than
          the price which could have been obtained if the error had not
          occurred. In these circumstances, FIMAT will give Customer the filled
          order and cash adjust Customer's Account(s) so as to restore the price
          at which the order could have been executed had the error not
          occurred. Customer agrees however that when correcting its error,
          FIMAT obtains a position at a better price than Customer's order could
          have been filled at, Customer will only receive the fill Customer
          could have obtained if Customer's orders had been executed without
          error (and FIMAT will receive any difference).

     R.   EXCHANGE OF PHYSICAL FOR FUTURES TRANSACTION. Customer agrees to
          create, retain, and produce, upon request a Commodity Exchange, the
          CFTC, or the United States Department of Justice, documentation of
          cash transaction

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          underlying exchanges of futures for cash commodities or exchanges of
          futures in connection with cash commodities transactions in accordance
          with Applicable Law. Documentation means those documents customarily
          generated in accordance with cash market practices and/or required by
          the relevant Commodity Exchange or regulatory authority which
          demonstrate the existence and nature of the underlying cash
          transactions, including, but not limited to, contracts, confirmation
          statements, telex printouts, invoices, and warehouse receipts or other
          documents of title.

     S.   DIRECT ORDER TRANSMITTAL CLIENT DISCLOSURE. On occasion, when FIMAT's
          offices are closed, Customer may request that FIMAT grant it authority
          to place orders directly with one or more of FIMAT's non-U.S.
          Affiliates for execution on non-U.S. exchanges, or for transactions on
          U.S. exchanges to be executed on GLOBEX, NYMEX ACCESS or other
          electronic trading systems. If FIMAT grants Customer such authority,
          the following conditions shall apply: (1) the order(s) Customer places
          with FIMAT's non-U.S. Affiliate will be for FIMAT's omnibus account
          maintained directly or indirectly with FIMAT's non-U.S. Affiliate; (2)
          Customer will be a client of FIMAT and not of the non-U.S. Affiliate;
          (3) all monies, securities and property of Customer will be maintained
          log FIMAT; and (4) unless Customer objects within five days after
          receipt of this Agreement, FIMAT may assume Customer consents to these
          conditions.

IV.  SECURITY AGREEMENT AND DEFAULT PROVISIONS

     A.   SECURITY INTEREST. Customer hereby grants FIMAT a security interest in
          the Collateral and proceeds thereof, security for the prompt payment
          and performance of any and all Liabilities.

     B.   FIMAT'S RIGHTS RESPECTING COLLATERAL. Customer will sign and deliver
          all agreements, instruments, certificates and documents FIMAT requests
          to create, perfect, preserve and protect the security interest in any
          of the Collateral, accompanied by such instruments of assignment and
          transfer and in such form as FIMAT should reasonably request. Customer
          appoints FIMAT as Customer's agent to sign, deliver, complete and file
          any such agreements, instruments, certificates and documents on
          Customer's behalf. FIMAT has no obligation to return the identical
          item of Collateral, but only to replace the item with property of like
          kind and substantially similar quantity, subject to adjustment for
          quantity variations at then prevailing market prices. FIMAT may, at
          any time and without limitations except those imposed by law, pledge,
          re-pledge, hypothecate, loan or invest any Collateral without notice
          to Customer or the obligation to account to Customer for any interest,
          income, or other benefit from any of the Collateral. Customer agrees
          to permit FIMAT and/or its agents and representatives at any time to
          inspect any of the Collateral and make abstracts or copies from any of
          Customer's books and records pertaining to the Collateral. The right
          is expressly granted to FIMAT, in its sole discretion, to notify
          warehousemen, consignees, bailees or any other persons in possession
          of Collateral of FIMAT's security interest therein. Unless Agreed by
          FIMAT, the undersigned will not file or authorize or permit to be
          filed in any jurisdiction any such financing or like statement in
          which FIMAT is not named as the sole secured party. Upon the request
          of FIMAT Customer shall, at Customer's expense, keep insured all
          Collateral which is tangible property for full value, with such
          coverage as FIMAT may approve, and the policies shall be duly endorsed
          in FIMAT's favor and delivered to FIMAT.

     C.   EVENTS OF DEFAULT. In addition to any "Event of Default" which may be
          defined in any Other Agreement, and not by way of limitation of any
          right FIMAT otherwise has to demand payment at any time of any of the
          Liabilities, the following events shall constitute an "Event of
          Default": (1) Customer breaches, repudiates, or defaults in any way on
          any agreement with FIMAT or any Affiliate (including Customer's
          agreement to provide margin) or with a third party; or (2) FIMAT, in
          its sole discretion, determines that it has sufficient grounds for
          insecurity with respect to Customer's performance of any obligation to
          any person and Customer fails to provide assurance of performance of
          the obligation satisfactory to FIMAT; or (3) any proceeding is
          commenced by or against Customer under any bankruptcy, insolvency,
          relief of debtor, or similar law, or Customer makes an assignment for
          the benefit of creditors, a receiver, trustee, conservator, liquidator
          or similar officer is appointed for Customer or any of Customer's
          property; or (4) Customer's Account(s) are attached or levied against;
          or (5) any of Customer's representations to FIMAT or any Affiliate,
          whenever or wherever made, were misleading when made or deem made or
          later becomes untrue; or (6) Customer dies, is disabled or becomes
          legally incompetent; or (7) Customer or any organization of which
          Customer is a member suspends or threatens to suspend the transaction
          of its usual business, or any proceeding is commenced with respect to
          any of Customer's property or any such organization; or (8) Customer
          is a party to any merger, consolidation or sale of all or
          substantially all of its assets unless Agreed by FIMAT prior thereto;
          or (9) FIMAT has reason to believe that any of the foregoing is likely
          to occur imminently.

                                      -12-
<PAGE>
     D.   FIMAT's Remedies Upon Default.

          l.   Customer absolutely and unconditionally agrees that upon the
               occurrence of an Event of Default, FIMAT, on behalf of itself and
               as agent for any Affiliate, may exercise any one or more of the
               following remedies (except that, upon the occurrence of any Event
               of Default set forth in Section IV.C.(3) above, the remedies
               specified in subparagraphs a, b, c, and g below shall thereupon
               be deemed for all purposes to have been exercised, immediately
               and without action by FIMAT), with only such notice as is
               required by Applicable Law and cannot be waived, without
               prejudice to any other remedies:

               a.   FIMAT, on its own behalf and/or on behalf of any of its
                    Affiliates, may terminate any or all of FIMAT's and/or any
                    Affiliates obligations to Customer for future performance;

               b.   FIMAT, on its own behalf and/or on behalf of any of its
                    Affiliates, may treat any or all of Customer's Liabilities
                    and/or Customer's obligations to any Affiliates, including
                    credit or debit balances, as immediately due, and may treat
                    all limits, margin facilities and call tolerance facilities
                    in place as revoked;

               c.   FIMAT, on its own behalf and/or on behalf of any of its
                    Affiliates, may consolidate Customer's Account(s) or any of
                    them at FIMAT and/or any Affiliates;

               d.   FIMAT, on its own behalf and/or on behalf of any of its
                    Affiliates, may sell any or all non-cash Collateral held
                    long by FIMAT and/or any Affiliates;

               e.   FIMAT, on its own behalf and/or on behalf of any of its
                    Affiliates, may close out or hedge for Customer's Account(s)
                    any or all open positions in Customer's Account(s) at FIMAT
                    and/or any Affiliates pursuant to Section III.O above or
                    otherwise, in any manner it deems reasonable under the
                    circumstances;

               f.   FIMAT, on its own behalf and/or on behalf of any of its
                    Affiliates, may borrow, lend, sell or buy from any party,
                    including itself and/or any Affiliates, any property
                    necessary to cover or hedge any or all positions in
                    Customer's Account(s) at FIMAT and/or any Affiliates; and

               g.   FIMAT, on its own behalf and/or on behalf of any of its
                    Affiliates, may offset the proceeds of the sale of non-cash
                    Collateral, cash Collateral, and sums owing Customer by
                    FIMAT and/or Affiliates (including any sums arising from the
                    operation of this Section D), against Customer's Liabilities
                    and Customer's obligations to any Affiliates, without
                    prejudice to FIMAT's right to recover the balance of
                    Customer's Liabilities and any Affiliates' right to recover
                    the balance of Customer's obligations to them.

                    Customer appoints FIMAT as Customer's agent to sign,
                    complete, and deliver any and all documents necessary or
                    desirable to carry out the foregoing. None of FIMAT nor any
                    of its Affiliates, nor any of its agents or representatives
                    will be responsible for losses or lost profits, accrued or
                    anticipated, resulting from any position or transaction
                    entered to enforce the foregoing remedies. Customer waives
                    the right of set off in any action brought by FIMAT to
                    collect amounts owned by Customer to FIMAT.

               Customer will indemnify and hold harmless FIMAT and its
               Affiliates, and their respective agents and representatives from
               any liabilities, penalties, losses, costs and expenses, including
               but not limited to reasonable attorney fees (whether the
               reasonable fees and charges of external legal counsel and/or the
               costs and charges, if any, allocated by internal legal
               department), which FIMAT and/or any Affiliates incur in
               connection with (i) the exercise of any remedy hereunder or under
               any Other Agreement, (ii) the care or custody of the Collateral
               and defending or asserting the rights and claims of FIMAT and/or
               any Affiliates in respect thereof, and (iii) meeting any
               obligation of FIMAT and/or any Affiliates which would otherwise
               fail to be performed by reason of an Event of Default.

                                      -13-
<PAGE>
V. MISCELLANEOUS

     A.   GOVERNING LAW AND SUBMISSION TO JURISDICTION.

          All disputes between FIMAT and Customer including, but not limited to,
          disputes arising directly or indirectly as a result of, or the
          relationship established as a result of, this Agreement, shall be
          governed by the substantive laws of the State of New York, without
          regard to principles of choice of law. Notwithstanding any provision
          of Applicable Law, Customer agrees to commence all actions of any kind
          against FIMAT within one year of the event giving rise to any dispute.
          Customer irrevocably submits to the jurisdiction of the courts of New
          York and of the Federal Courts of the Southern District of New York
          with respect to litigation relating to all such disputes, including,
          but not limited to, disputes arising directly or indirectly as a
          result of or the relationship established as a result of this
          Agreement and transactions subject to this Agreement, agrees to
          commence actions and proceedings and assert claims for relief
          involving them only in such courts (unless Customer has otherwise
          agreed to arbitrate all disputes against FIMAT, in which case such
          arbitration shall be held only in New York City), and consents to
          service of process by the mailing of copies to Customer by certified
          mail to Customer's address as it appears on the books of FIMAT. Such
          service shall be effective ten days after mailing.

     B.   WAIVER OF JURY TRIAL. CUSTOMER HEREBY WAIVES TRIAL BY JURY IN ANY
          ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO, BUT NOT LIMITED
          TO, DISPUTES ARISING DIRECTLY OR INDIRECTLY AS A RESULT OF, OR THE
          RELATIONSHIP ESTABLISHED AS A RESULT OF, THIS AGREEMENT OR ANY
          TRANSACTION IN CONNECTION THEREWITH. CUSTOMER'S WAIVER OF TRIAL BY
          JURY IS A PREREQUISITE TO, AND INDUCEMENT OF FIMAT TO OFFER, THE
          OPENING OF CUSTOMER'S ACCOUNT(S).

     C.   APPLICABLE LAW AND NOTES FOR GERMAN CLIENTS. Contrary to German Law,
          the substantive law of New York does not distinguish between binding
          and non-binding terminal (futures) transactions (see paragraph 53 of
          the German Borsengesetz). All trades under this Agreement are
          therefore binding market transactions. Customer acknowledges that
          under German Law futures trading gives rise to an imperfect obligation
          (as provided in paragraphs 762 and 764 of the Burgerliches Gesetzbuch
          ("BGB") and paragraph 58 of the German Borsengesetz). Customer also
          acknowledges that under paragraph 814 of the BGB disclosure of this
          fact removes any and all rights Customer might otherwise have as a
          result of the "Differenzeinwand" (paragraph 812 of the BGB). Customer
          credit balance held by FIMAT will be applied to fulfill, discharge and
          perform the transaction(s) and as an advance performance or down
          payment to cover any transaction(s) trading costs.

     D.   Force Majeure; Warranty and Disclaimer of Warranties. FIMAT shall not
          be liable for any delay in performance or for non-performance of its
          obligations caused by any event beyond the reasonable control of
          FIMAT. FIMAT may, without liability, cancel this Agreement or any
          particular transaction contemplated hereunder if its performance is
          delayed or rendered impossible due to any such event. FIMAT's sole
          warranty is that any commodity delivered by it will conform to the
          description on any confirmation prepared and delivered by FIMAT with
          respect thereto. FIMAT EXPRESSLY DISCLAIMS ALL OTHER WARRANTIES,
          EXPRESS OR IMPLIED.

     E.   NON-WAIVER; NON-ASSIGNMENT; TIME OF THE ESSENCE. This Agreement and
          the Other Agreements, if any, constitute the entire Agreement between
          FIMAT and Customer with respect to the subject matter hereof and
          supersede all other understandings, agreements, or communications
          concerning such subject matter. Any oral representations, warranties,
          inducements, or agreements made by any representative of FIMAT
          inconsistent with the provisions of this Agreement are excluded and
          will not bind FIMAT. FIMAT will be bound by waivers and modifications
          of any of the terms of this Agreement, any other written agreement, or
          any transaction, or any attempted assignment by Customer of any right
          or interest in this Agreement, any other agreement, or any
          transaction, only if Agreed by FIMAT (as defined). Such agreement will
          bind FIMAT only in relation to the waiver, modification, or
          assignment, to which FIMAT has consented in writing. Customer hereby
          waives the right to claim estoppel or forbearance unless Agreed by
          FIMAT. Any agreement by FIMAT to forbear liquidation, pursuant to any
          of its rights and remedies hereunder, may be revoked by FIMAT upon 24
          hours notice to Customer (unless a shorter time is commercially
          reasonable under the circumstances), which notice Customer hereby
          deems reasonable. FIMAT's failure to exercise any right or remedy is
          not a waiver of the right or remedy not exercised or any other right
          or remedy. Time is of the essence in the performance of Customer's
          obligations.

     F.   BINDING EFFECT. This Agreement covers all of Customer's Account(s)
          with FIMAT, is binding on Customer and Customer's estate, legal
          representatives, successors and assigns and inures to the benefit of
          FIMAT and its successors and assigns.

                                      -14-
<PAGE>
     G.   COMMUNICATIONS. Communications may be sent to Customer by mail, telex,
          telegraph, facsimile transmission, messenger, or other reasonable
          means at its current address shown on FIMAT's records, and are deemed
          received when Customer actually receives them or 24 hours after they
          are sent, whichever first, occurs. FIMAT, in its sole discretion, may
          record, on tape or otherwise, any telephone conversation between FIMAT
          and Customer involving their respective officers, agents and
          employees. Customer hereby agrees and consents to such recording, with
          or without the use of an automatic tone warning device, and waives any
          right Customer may have to object to the use or admissibility into
          evidence of such recording in any legal proceeding between Customer
          and FIMAT or in any other proceeding to which FIMAT is a party or in
          which FIMAT's records are subpoenaed. Customer acknowledges that FIMAT
          may erase such recordings after a reasonable period of time. FIMAT
          shall be entitled to rely on any instructions, notices and
          communications, whether oral or in writing, that it believes to be
          that of an individual authorized to act on behalf of Customer as
          authorized to act on its behalf, and Customer shall be bound thereby.
          Customer hereby waives any defense that any such instruction was not
          in writing as may be required by the Statute of Frauds or any other
          similar law, rule or regulation. Customer will indemnify FIMAT and
          hold FIMAT harmless from and against all liabilities, penalties,
          losses, and expenses, including legal expenses, incurred by FIMAT as a
          result of FIMAT's acting upon such instructions.

     H.   NON-EXECUTION. Any failure by Customer to duly sign this Agreement is
          not a waiver by FIMAT of any rights it otherwise has against Customer.

     I.   FIMAT HAS NO RESPONSIBILITY FOR ADVICE. FIMAT is not acting as
          fiduciary, foundation manager, commodity pool operator, commodity
          trading advisor or investment adviser in respect of any Account(s)
          opened by Customer and FIMAT shall have no responsibility hereunder
          for compliance with any law or regulation governing the conduct of
          fiduciaries, foundation managers, commodity pool operators, commodity
          trading advisors or investment advisers. Customer will not enter into
          any transaction with FIMAT, and will not hold FIMAT responsible for
          losses, as a result of any prediction, recommendation, or
          representation made by any representative of FIMAT. Any information or
          advice communicated by FIMAT, although based upon information from
          sources FIMAT believes to be reliable, may be incomplete or
          inaccurate, may not be verified, and may be changed without notice to
          Customer. FIMAT makes no representation as to the accuracy,
          completeness, reliability or prudence of any such information or
          advice or as to the tax consequences of Customer's futures or options
          trading.

     J.   APPOINTMENT OF AGENT. Customer's appointment of an agent on the
          "Trading and Fee Payment Authorization Limited to Purchases and Sales
          of Commodities" form ("Trading Authorization"), if applicable, is
          notice to FIMAT that the person so designated (the "Agent") is
          Customer's agent in respect of Customer's Account(s) with FIMAT,
          with complete authority on Customer's behalf to place orders for
          purchases and sales, including short sales, for cash or on margin, of
          Commodities other items in respect of which Customer may from time to
          time enter into transactions in one or more of Customer's Account(s)
          with FIMAT, for immediate or future delivery, to effect delivery and
          performance of the orders and of the obligations undertaken in
          connection with the orders, to borrow funds from FIMAT to finance any
          of the transactions, to lend or pledge Customer's properties with MAT
          and otherwise to secure Customer's Liabilities, withdraw or direct the
          payment of monies, securities, commodities, or other property from
          Customer's Account(s) with FIMAT, including to compensate Agent for
          its services, to settle Customer disputes with FIMAT or between
          Customer or any other party with whom FIMAT deals for Customer or with
          whom Customer deals through FIMAT as broker for the third party, and.
          to sign and deliver on Customer's behalf notices and other documents
          and to take all other actions necessary or desirable to carry out the
          terms of this Agreement. Customer agrees to notify FIMAT promptly in
          writing of the revocation or modification of the Agent's authority.
          Customer will indemnify FIMAT and hold FIMAT harmless from and against
          all liabilities, penalties, losses, and expenses, including legal
          expenses, incurred by FIMAT in acting as instructed by the Agent and
          in continuing to act in reliance on the Trading Authorization after
          revocation or modification but prior to FIMAT's receipt of written
          notice thereof.

     K.   TERMINATION. Customer may terminate this Agreement, at any time when
          Customer has no Liabilities and no open positions which could give
          rise to subsequent Liabilities, upon the actual receipt by FIMAT of
          written notice of termination. FIMAT may terminate this Agreement at
          any time upon mailing or delivery of written notice of termination to
          Customer, provided that any such termination will not affect any
          transactions theretofore entered into and will not relieve either
          party of any obligations in connection with any debt or credit balance
          or other liability or obligation incurred prior to the termination.

                                      -15-
<PAGE>
       L.   MULTIPLE PARTIES. If any Account(s) established pursuant to this
            Agreement is on behalf of more than one person:

            1.   each signing person is jointly and severally liable for the
                 full and timely performance of all the obligations of all
                 signing persons in connection with this Agreement and any
                 account established and any transaction effected under this
                 Agreement; and the terms hereof shall survive the legal
                 incompetence or death of any or all signing persons;

            2.   in connection with any Account(s) established under this
                 Agreement, FIMAT may act upon any order, request or instruction
                 from any one signing person without the necessity of
                 confirmation from any other;

            3.   the delivery of any report, statement, notice or other
                 communication to any one signing person is deemed to have been
                 to all of the signing persons;

            4.   FIMAT may deliver any Collateral of any of the signing persons
                 to any one or more of the signing persons, and make payments
                 from any Account(s) established pursuant to this Agreement to
                 or upon the order or direction of any one of them, and FIMAT is
                 under no obligation to inquire into the purpose of any request
                 for the delivery of any such Collateral or the making of any
                 such payment, or to see to the disposition or application
                 thereof; and

            5.   unless FIMAT is advised otherwise in writing, the interest of
                 the signing persons in any Account(s) established under this
                 Agreement shall be deemed to be a joint tenancy with rights of
                 survivorship and not a tenancy in common.

       M.   SEVERABILITY. If any provision of this Agreement, or the application
            of such provision to any person or circumstances, is held invalid,
            the remainder of this Agreement, and the application of such
            provision to persons or circumstances other than these as to which
            it is held invalid, shall not be affected thereby.

       N.   CAPTIONS. Captions used in this Agreement are used for convenience
            and neither form an integral part of this Agreement nor limit the
            applicability or affect the meaning of any of the Agreement's
            provisions.

VI.    ELECTRONIC TRADING SYSTEMS

       FIMAT may make available to Customer the ability to trade, directly or
       indirectly (in whole or in part), through electronic trading systems
       (ETS) such as GLOBEX or ACCESS or other electronic systems. The
       sponsoring organizations or such systems may make certain information
       available and in some cases require special disclosures for these
       systems. To the extent these disclosures are required and other
       information is available, it has been set forth in the accompanying
       booklet entitled "Exchange Disclosures and Notices," which Customer
       acknowledges receiving by signing below.

VII.   ACCEPTANCE OF AGREEMENT

       This Agreement shall not be deemed to be accepted by FIMAT or become a
       binding contract between Customer and FIMAT until approved by a duly
       authorized officer of FIMAT in writing in accordance with its internal
       procedures. Customer represents, unless Customer has executed the Joint
       Tenants Agreement; the Partnership Authorization; the Certificate of
       Corporate Resolution; or the Trust Authorization, that this is an
       individual account and, no one else has an interest in this account and
       Customer has authority and capacity to enter into this Agreement.

VIII.  OTHER AGREEMENTS AMONG THE PARTIES; CONFLICTS

       Customer acknowledges that in addition to this Agreement, FIMAT may
       request that Customer and/or any Affiliate of Customer to execute and
       deliver such agreement(s), instrument(s) and document(s) as FIMAT may
       prescribe, which agreement(s), instrument(s) and documents upon their
       execution, shall become an Other Agreement. In the event of a conflict
       between the provisions of this Agreement and the provisions of any Other
       Agreement, the provisions of this Agreement shall govern to the extent
       the underlying transactions relate to futures contracts or options
       thereon.

                                      -16-
<PAGE>

IX.  FOR HEDGE CUSTOMERS ONLY

     CUSTOMER WARRANTS, BY INITIALLING IN A BOX BELOW, THAT IT WILL ENGAGE IN
     BONA FIDE HEDGING TRANSACTIONS PURSUANT TO CFTC REGULATION 1.3(z). IN THE
     EVENT OF BANKRUPTCY, CUSTOMER PREFERS THAT THE TRUSTEE (PLEASE INITIAL
     CHOICE)

              [ ]     LIQUIDATE                [ ]     NOT LIQUIDATE

     OPEN COMMODITY CONTRACTS IN CUSTOMER'S HEDGE ACCOUNT WITHOUT SEEKING ITS
     INSTRUCTIONS.

PLEASE ACKNOWLEDGE YOUR AGREEMENT AND CONSENT TO THIS CUSTOMER AGREEMENT BY
SIGNING BELOW.

BY SIGNING BELOW, CUSTOMER ALSO ACKNOWLEDGES THAT CUSTOMER HAS RECEIVED AND
UNDERSTANDS THE FOLLOWING ATTACHED DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC:

Please initial if received and understood:

            [ ]   Risk Disclosure Statement
                  for Futures and Options
                  Attached at pg. 1

ACCOUNT NAME:
             --------------------------------

BY:
   ------------------------------   ---------   --------------------------------
      Authorized Signature             Date         Name (Please Print)

BY:
   ------------------------------   ---------   --------------------------------
      Authorized Signature             Date         Name (Please Print)<PAGE>
                                                               Exhibit No. 10.03
[HSBC LOGO]

         ESCROW AGREEMENT, dated as of June 17th, 2002, by and among
(i) Inc. a Nevada corporation ("") and (ii) HSBC BANK USA, a banking corporation
and trust company organized and existing under the laws of the State of New
York, as escrow agent hereunder (the "Escrow Agent").

                                   WITNESSETH:

         WHEREAS,_________ is offering its common shares on a best efforts basis
to qualified investors (the " Agreement") dated as of May 1, 2002;

         WHEREAS, the Agreement provides for certain funds to be deposited in an
escrow account by August 30, 2002, to be held and distributed in accordance with
the terms and conditions hereinafter set forth;

         WHEREAS, _____________, desires to appoint HSBC Bank USA, as the Escrow
Agent and HSBC Bank USA is willing to act as Escrow Agent hereunder in
accordance with the terms and conditions hereof;

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein contained, the parties hereto agree as follows:

                                       (1)

<PAGE>

Section 1.   Definitions.

             Unless otherwise defined herein, terms which are defined in the
             Agreement, as in effect on the date hereof, and used herein are so
             used as so defined.

Section 2.   Establishment of Escrow Account.

             Funds in the amount of up to Four Million ($4,000,000) United
             States Dollars (the "Escrow Amount") delivered from time to time
             but no later than August 30, 2002 unless extended in writing and
             accepted by the Escrow Agent, shall be accepted by the Escrow Agent
             and placed into an account (the "Escrow Account") to be held and
             administered in accordance with the terms and conditions of this
             Agreement.

Section 3.   Investments.

             The Escrow Agent agrees to invest and reinvest the Escrow Account,
             in (i) obligations issued or guaranteed by the United States
             Government, its agencies or instrumentalities or (ii) Certificates
             of Deposit issued by any bank, trust company or national banking
             association (including. HSBC Bank USA) authorized to do business in
             the State of New York, provided the capital stock, surplus, and
             undivided profits of such institution are not less than
             $500,000,000 which in each case shall mature not later than the
             date amounts are to be paid under this agreement or (iii) a money
             market account managed by HSBC Bank USA or any of its subsidiaries
             or affiliates with a stated investment objective of investing only
             in the foregoing overnight deposits, as the Escrow Agent shall be
             advised from time to time in writing by the Depositor and the
             Beneficiary provided. The earnings realized from investments and
             all interest, if any, accruing on monies held in Escrow

<PAGE>

             Account shall be added to the Escrow Account. Any loss incurred
             from an investment, including all costs of investment or
             liquidation, including without limitation all withholding and other
             taxes, will be borne by the Escrow Account. The Depositor agrees to
             furnish to the Escrow Agent upon execution of this Agreement and as
             subsequently required all appropriate U.S. tax forms and
             information in order for the Escrow Agent to comply with U.S. tax
             regulations. The Escrow Agent shall not be accountable or liable
             for any losses resulting from the sale or depreciation in the
             market value of such investments thereof.

Section 4.   Payments from Escrow Account.

             (a) For each payment from the Escrow Account, _________ shall
             deliver, by facsimile, to Escrow Agent a letter of direction (a
             "Certificate"), which Certificate shall specify (i) the dollar
             amount of the funds in the Escrow Account to be paid to _________
             and the dollar amount of the funds in the Escrow Account to be paid
             to agents of ________ as a commission, and (ii) the date on which
             such payment or payments shall be made by Escrow Agent. The
             Certificate must be delivered to Escrow Agent at least five (5)
             calendar days prior to the date on which any payment is to be made
             by Escrow Agent. (b) Escrow Agent shall make any payment to _______
             by wire or other transfer to the account of ________ at Escrow
             Agent or as otherwise directed by __________. Escrow Agent shall
             make any other payments as directed by ________ by wire transfer.

<PAGE>

Section 5.   Termination of Escrow Account.

             (a) Except as hereinafter provided, the Escrow Account shall
             terminate without further action of parties upon the later of: (i)
             the date on which the Escrow Agent completes paying out all of the
             Escrow Account to _________, its agents or both, or (ii)
             twenty-four (24) months from the date hereof, at which time the
             balance of the Escrow Account shall be distributed to the
             __________.

             (b) In the event of any dispute or misunderstanding, Escrow Agent
             shall have the option to pursue any legal remedies that may be
             available to it, including the right to deposit the subject matter
             hereof in interpleader in the U.S. District Court having
             jurisdiction of the subject matter, and upon doing so to be
             absolved from all further obligations or liability hereunder.
             _______________ agrees to pay to Escrow Agent all costs and
             expenses, including reasonable attorney's fees, incurred by Escrow
             Agent in any interpleader action.

Section 6.   Escrow Agent

             _____________ agrees to pay the Escrow Agent its agreed-upon
             compensation, as set forth in a separate agreement, for its
             services as Escrow Agent hereunder promptly upon request therefor,
             and to reimburse the Escrow Agent for all expenses of or
             disbursements incurred by the Escrow Agent in the performance of
             its duties hereunder, including reasonable fees, expenses and
             disbursements of counsel to the Escrow Agent.

<PAGE>

             The Escrow Agent shall have a lien upon the Escrow Account for its
             costs, expenses and fees which may arise hereunder and may retain
             that portion of the Escrow Account equal to such unpaid amounts,
             until all such costs, expenses and fees have been paid.

Section 7.   Rights, Duties and Immunities of Escrow Agent.

             Acceptance by the Escrow Agent of its duties under this Escrow
             Agreement is subject to the following terms and conditions, which
             all parties to this Escrow Agreement hereby agree shall govern and
             control the rights, duties and immunities of the Escrow Agent.

             (a) The duties and obligations of the Escrow Agent shall be
             determined solely by the express provisions of this Escrow
             Agreement and the Escrow Agent shall not be liable except for the
             performance of such duties and obligations as are specifically set
             out in this Escrow Agreement.

             This Escrow Agreement shall not be deemed to create a fiduciary
             relationship between the parties hereto under state or federal law.

             (b) The Escrow Agent shall not be responsible in any manner for the
             validity or sufficiency of any property delivered hereunder, or for
             the value or collectability of any note, check or other instrument
             so delivered, or for any representations made or obligations
             assumed by any party other than the Escrow Agent. Nothing herein
             contained shall be deemed to obligate the Escrow Agent to deliver
             any cash, instruments, documents or any other

<PAGE>

             property referred to herein, unless the same shall have first been
             received by the Escrow Agent pursuant to this Escrow Agreement.

             (c) Flashpoint will reimburse and indemnify the Escrow Agent for,
             and hold it harmless against any loss, liability or expense,
             including but not limited to counsel fees, incurred without bad
             faith, gross negligence or willful misconduct on the part of the
             Escrow Agent arising out of or in conjunction with its acceptance
             of, or the performance of its duties and obligations under this
             Escrow Agreement as well as the costs and expenses of defending
             against any claim or liability arising out of or relating to this
             Escrow Agreement.

             (d) The Escrow Agent shall be fully protected in acting on and
             relying upon any written notice direction, request, waiver,
             consent, receipt or other paper or documents which the Escrow Agent
             in good faith believes to have been signed and presented by the
             proper party or parties.

             (e) The Escrow Agent shall not be liable for any error of judgment,
             or for any act done or step taken or omitted by it in good faith or
             for any mistake in act or law, or for anything which it may do or
             refrain from doing in connection herewith, except its own willful
             misconduct.

             (f) The Escrow Agent may seek the advice of legal counsel in the
             event of any dispute or question as to the construction of any of
             the provisions of this Escrow Agreement or its duties hereunder,
             and it shall incur no liability and shall be fully protected in
             respect of any action taken, omitted or suffered by

<PAGE>

             it in good faith in accordance with the opinion of such counsel.

             The parties hereto agree that should any dispute arise with respect
             to the payment, ownership or right of possession of the Escrow
             Account, the Escrow Agent is authorized and directed to retain in
             its possession, without liability to anyone, except for its bad
             faith, willful misconduct or gross negligence, all or any part of
             the Escrow Account until such dispute shall have been settled
             either by mutual agreement by the parties concerned or by the final
             order, decree or judgment of a court or other tribunal of competent
             jurisdiction in the United States of America, and a notice executed
             by the parties to the dispute or their authorized representatives
             shall have been delivered to the Escrow Agent setting forth the
             resolution of the dispute. The Escrow Agent shall be under no duty
             whatsoever to institute, defend or partake in such proceedings.

             (g) The agreements set forth in this Section 7 shall survive the
             termination of this Escrow Agreement and the payment of all amounts
             hereunder.

Section 8.   Resignation of Escrow Agent.

             The Escrow Agent shall have the right to resign upon 30 days
             written notice to _________. In the event of such resignation, with
             the consent of ____________, which consent shall not unreasonably
             be withheld, __________ shall appoint a successor escrow agent
             hereunder by delivering to the Escrow Agent a written notice of
             such appointment. Upon receipt of such notice, the Escrow Agent
             shall deliver to the designated successor escrow agent all money
             and other property held hereunder and shall

<PAGE>

             thereupon be released and discharged from any and all further
             responsibilities whatsoever under this Escrow Agreement; provided,
             however, that the Escrow Agent shall not be deprived of its
             compensation earned prior to such time If no successor escrow agent
             shall have been designated by the date specified in the Escrow
             Agent's notice, all obligations of the Escrow Agent hereunder shall
             nevertheless cease and terminate. Its sole responsibility
             thereafter shall be to keep safely all property then held by it and
             to deliver the same to a person designated by the other parties
             hereto or in accordance with the direction of a final order or
             judgment of a court of competent jurisdiction.

Section 9.   Notices.

             All claims, notices and other communications hereunder to be
             effective shall be in writing and shall be deemed to have been duly
             given when delivered by hand, or five days after being deposited in
             the mail or sent by registered or certified first class mail
             postage prepaid, or, in the case of facsimile transmission, when
             received and telephonically confirmed, in each case addressed to
             the parties at the addresses set forth herein and to the Escrow
             Agent at the address set forth opposite its name on the signature
             pages hereto (or to such other person or address as the parties
             shall have notified each other and the Escrow Agent in writing,
             provided that notices of a change of address shall be effective
             only upon receipt thereof.

Section 10.  Binding Effect.

             This Escrow Agreement shall be binding upon and inure to the
             benefit of the parties hereto and their respective heirs,
             executors, successors and assigns.

<PAGE>

Section 11.  Amendments.

             This Escrow Agreement may be amended or modified at any time or
             from time to time in writing executed by the parties to the Escrow
             Agreement.

Section 12.  Governing Law.

             This Escrow Agreement shall be governed by and construed and
             enforced in accordance with the laws of the State of New York
             applicable to contracts to be performed entirely within the State
             of New York, without reference to or application of rules or
             principles of conflicts of law.

Section 13.  Interpretation.

             The headings of the sections contained in this Escrow Agreement are
             solely for convenience or reference and shall not affect the
             meaning or interpretation of this Escrow Agreement.

Section 14.  Counterparts.

             This Escrow Agreement may be executed in two or more counterparts,
             each of which shall be deemed an original, but all of which
             together shall constitute one and the same instrument.

Section 15.  Consent to Jurisdiction.

             Each of the parties hereto hereby irrevocably agrees that any
             action, suit or proceedings against any of them by any of the other
             aforementioned parties with respect to this Agreement shall be
             brought before the exclusive jurisdiction of the federal or state
             courts located in the Borough of Manhattan in the State of New
             York, unless all the parties hereto agree in writing to any other
             jurisdiction. Each of the parties hereto hereby submits to such
             exclusive jurisdiction.

<PAGE>

Section 16.  Severability.

             If any provisions of this Agreement shall be declared by any court
             of competent jurisdiction illegal, void or unenforceable, the other
             provisions shall not be affected, but shall remain in full force
             and effect.

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

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

Address:                                    By:  /s/ B.S.S.
                                                 ---------------------------

HSBC Bank USA                               HSBC BANK USA,
Issuer Services                             AS ESCROW AGENT
10 East 40th Street,  14th Floor
New York, NY 10018-2706                     /s/ DEIRDRA N. ROSS

                                            By:    Deirdra N. Ross

                                            Title: Assistant Vice President

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