Document:

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                                                                   EXHIBIT 10.28

                         REGISTRATION RIGHTS AGREEMENT

     This Registration Rights Agreement (this "Agreement") is entered into as of
April 27, 2000 by and among Virata Corporation, a Delaware corporation
(the "Company"), and Jonathan Masel, as Shareholders' Agent (the "Shareholders'
Agent") of the persons whose names and addresses are set forth in Schedule 1
attached hereto (each an "Investor" and together the "Investors"), for the
express benefit of such Investors.

                                    RECITALS

     WHEREAS, the Investors were each holders of shares of the capital stock of
Inverness Systems Ltd., an Israeli corporation (company no. 51-178660-0)
("Inverness");

     WHEREAS, pursuant to the terms and conditions of that certain Share
Purchase Agreement, dated as of March 21, 2000 (the "Share Purchase Agreement"),
at the Closing Date (as defined in the Share Purchase Agreement) the Investors
each became holders of shares of the common stock, par value $0.001 per share,
of the Company ("Common Stock").

     WHEREAS, in connection with entering into the Share Purchase Agreement, the
Company agreed to grant the Investors certain registration rights with respect
to the shares of Common Stock issued to the Investors at the Closing Date (as
defined in the Share Purchase Agreement) pursuant to the Share Purchase
Agreement.

                                   AGREEMENT

     NOW, THEREFORE, in consideration of the foregoing recitals, the mutual
promises hereinafter set forth, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereby
agree as follows:

1.  Definitions

     The following terms, as used herein, shall have the following meanings:

     "Commission" means the Securities and Exchange Commission.

     "DInternational" means Docor International B.V., one of the Investors.

     "DSt. Charles" means David St. Charles, one of the Investors.

     "Delayed Registrable Shares" means such portion of the 10% of the Parent
Shares issued to each of HVenture, DInternational and DSt.Charles as are
released from escrow under the Share Purchase Indemnification Escrow Agreement,
as such term is defined in the Share Purchase Agreement.

     "Effective Date" means the date on which the Closing Date has occurred.
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     "Exchange Act" means the Securities Exchange Act of 1934, as amended, and
the rules and regulations promulgated thereunder, as they each may, from time to
time, be in effect.

     "HVenture" means Holland Venture B.V., one of the Investors.

     "Parent Shares" means the aggregate number of shares of Common Stock
received by the Investors pursuant to the Share Purchase Agreement in exchange
for the shares of Inverness (allocated among them on a pro rata basis, based on
the number of shares held by each) that were outstanding at Closing Date.

     "Rights Holders" means the Investors during such time as they hold
Registrable Shares or Delayed Registrable Shares, and any persons or entities to
whom the rights granted under this Agreement are transferred in accordance with
Section 13 hereof.

     "Registrable Shares" means:

         (a) In the case of any Registration Statement on Form S-1, 579,244
    Parent Shares (the "S-1 Registrable Shares") and, in the case of any
    Registration Statement on Form S-3, the difference between (i) 579,244
    Parent Shares and (ii) the number of Parent Shares previously registered
    pursuant to any Registration Statement of Form S-1 ("S-3 Registrable
    Shares") and

         (b) any other securities issued in respect of the shares described in
    Paragraph (a) of this definition (because of stock splits, stock dividends,
    reclassifications, recapitalizations, or similar events), which securities
    shall be the same type of Registrable Shares as the shares from which they
    were issuable;

provided, however, that shares which are Registrable Shares or Delayed
Registrable Shares shall cease to be Registrable Shares or Delayed Registrable
Shares:

         (i) upon any sale or other transfer of such shares pursuant to a
    Registration Statement or Rule 144 under the Securities Act or any similar
    provision then in force); or

         (ii) if such shares are capable of being distributed pursuant to Rule
    144(k) under the Securities Act and the Company removes all restrictive
    legends on and stop transfer instructions with respect to such shares; or

         (iii)  upon any sale or transfer to a person or entity to which,
    pursuant to Section 13 of this Agreement, the rights provided by this
    Agreement are not transferable.

     "Registration Statement" means a registration statement filed by the
Company with the Commission under the Securities Act for a public offering and
sale of Common Stock (other than

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a registration statement covering only securities proposed to be issued in
exchange for securities or assets of another person or entity or in connection
with an employee benefit plan).

     "Securities Act" means the Securities Act of 1933, as amended, and the
rules and regulations promulgated thereunder, as they each may, from time to
time, be in effect.

     "S-1 Piggy Back Registration Rights" means the rights of the Rights Holders
to have their Registrable Shares registered on the terms and conditions of this
Agreement pursuant to a Registration Statement on Form S-1 (or any successor
form thereto) under the Securities Act that is filed by the Company as
contemplated in Subsection 2.01(a) of this Agreement.

     "S-3 Registration Rights" means the rights of the Rights Holders to have
their Registrable Shares registered on the terms and conditions of this
Agreement pursuant to a Registration Statement on Form S-3 (or any successor
form thereto) under the Securities Act that is filed by the Company as
contemplated in Subsection 2.01(a) of this Agreement.

2.  Registration Rights

     2.01  If the Company proposes to file:

         (a) a Registration Statement of Form S-1 for shares of Common Stock to
    be issued by the Company or to be sold by any stockholder of the Company (an
    "S-1 Piggyback Registration Statement") at any time during the 180-day
    period commencing on the Effective Date, or

         (b) a Registration Statement on Form S-3 for the registration under the
    Securities Act of sales of any shares owned by any of the Company's
    stockholders (an "S-3 Registration Statement") at any time during the period
    from the Effective Date to the date that such Shares cease to be Registrable
    Shares or Delayed Registrable Shares, (the "S-3 Registration Period"),

then, the Company will, prior to such filing, give written notice to all Rights
Holders of its intention to do so.  HVenture, DInternational and DSt.Charles
shall be deemed to have made a written request that the Company use its best
efforts to cause all Registrable Shares owned by HVenture and DInternational to
be registered under such S-1 Piggy Back Registration Statement or S-3
Registration Statement and the Company shall use its best efforts to cause all
of such Registrable Securities, as well as all Registrable Securities owned by
any other Rights Holders who give a written request for such inclusion of their
Registrable Securities within twenty (20) days after the Company provides such
notice (which request shall state the intended method of disposition of such
Registrable Shares), to be registered under such S-1 Piggy Back Registration
Statement or S-3 Registration Statement, as the case may be; provided, however,
that the Company shall have the right to postpone or withdraw any registration
effected pursuant to this subsection 2.01 without incurring any liability for
doing so to any Rights Holder. In the event the Company and its underwriters, if
any, permit all Registrable Shares eligible to be registered on Form S-1 to be
registered under an S-1 Piggy Back Registration Statement without any Cutback
(as hereinafter defined), and such Registration Statement (i) is declared
effective by the SEC by no later than the 180th day after the Effective Date and
(ii) remains effective for the Applicable Registration Period, then, the S-1
Piggy Back Registration Rights under this

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subsection 2.01 and the demand registration rights under Section 2.03 shall
terminate at the end of such time period; provided, however, that the S-3
Registration Rights shall remain in full force and effect until the end of the
S-3 Registration Period.

     2.02  In connection with any registration under subsection 2.01 above
involving an underwriting, the Company shall not be required to include any
Registrable Shares in such registration unless the holders thereof accept the
terms of the underwriting as agreed upon between the Company and the
underwriters selected by it (provided that such terms must be consistent with
this Agreement and the terms customarily included in agreements of this nature
for underwritten public offerings).  If in the opinion of the managing
underwriter it is appropriate because of marketing factors to limit the number
of Registrable Shares to be included in the offering, then the Company shall be
required to include in the registration only that number of Registrable Shares,
if any, which the managing underwriter believes should be included therein;
provided, however, that no persons or entities other than the Company, the
Rights Holders and persons or entities holding other registration rights granted
by the Company shall be permitted to include securities in the offering.  If the
number of Registrable Shares to be included in the offering in accordance with
the foregoing is less than the total number of shares which the holders of
Registrable Shares have requested to be included ("Cutback"), then the holders
of Registrable Shares who have requested registration and other holders of
securities entitled to include securities in such registration shall participate
in the registration pro rata based upon their total ownership of Common Stock
(giving effect to the conversion into Common Stock of all securities convertible
thereinto).  If any holder would thus be entitled to include more securities
than such holder requested to be registered, the excess shall be allocated among
other requesting holders pro rata in the manner described in the preceding
sentence.  The Company shall not hereafter grant any piggy back registration
rights to any person which permit such person's shares to be included in a
registration statement when a Cutback is in effect in priority to the rights of
HVenture, DInternational and DSt. Charles under this Agreement.

     2.03  If the notice referred to in Section 2.01 is not provided by the
Company to the Rights Holders by the date which is one hundred and twenty (120)
days after the Effective Date, HVenture,  DInternational and DSt.Charles shall
be deemed to have requested that the Company effect the registration under the
Securities Act on Form S-1 (or any successor) of all  of the S-1 Registrable
Shares by means of an underwriting and the Company shall promptly give written
notice of such proposed registration to all Rights Holders.  All Rights Holders
shall have the right, by giving written notice to the Company within twenty (20)
days after the Company provides its notice, to elect to participate in such
registration.  The right of other Rights Holders to participate shall be
conditional on such Rights Holders' participation in such underwriting proposed
by HVenture and DInternational.  All Rights Holders who have elected to
participate in the registration may participate in the registration of up to the
number of S-1 Registrable Shares which they hold, subject to no Cutback.
Thereupon, the Company shall, as expeditiously as practicable, use its best
efforts to effect the registration on Form S-1 (or any successor form) of the
amount of Registrable Shares so requested to be registered.

     2.04  Except as hereinafter set forth in Section 2.05 or Section 3.04, the
Company shall not be required to effect more than one (1) registration pursuant
to Section 2.03 above; provided, however, that no registration statement filed
pursuant to Section 2.03 shall count as a registration statement that satisfies
the Company's registration obligations under Section 2.03, and such

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obligations shall continue in full force and effect, if (i) the Registration
Statement is not declared effective by the SEC within 60 days after the date it
was originally filed with the SEC, (ii) the Company fails to maintain the
effectiveness of the Registration Statement for the Applicable Registration
Period, or (iii) a majority of the Rights Holders elect to terminate the
Registration Statement provided that they agree to pay or reimburse the Company
for all Registration Expenses (as hereinafter defined) of such registration as
contemplated by Section 4 below.

     2.05  If at the time the Delayed Registrable Shares are released from
escrow pursuant to the Share Purchase Indemnification Escrow Agreement the
Company is planning to file an S-3 Registration Statement, the Company shall
give written notice to each of HVenture, DInternational and DSt.Charles and each
such Rights Holder shall be deemed to have requested that the Company use its
best efforts to cause all Delayed Registrable Securities owned by such Rights
Holders to be registered under such S-3 Registration Statement.

     If the Company has not provided such a notice to such Rights Holders within
one week after their Delayed Registrable Securities have been released from
escrow pursuant to the Share Purchase Indemnification Escrow Agreement, each
such Rights Holder shall be deemed to have requested that the Company effect the
registration of all of their Delayed Registrable Shares on an S-3 Registration
Statement.

     The exercise of such piggy back or demand registration rights shall be
subject to the provisions of this Agreement and, for this purpose, all
references to Registrable Securities shall be deemed to be references to Delayed
Registrable securities.

     2.06  If at the time of the receipt of a request to register Registrable
Shares pursuant to Section 2.03 above or of a request to register Delayed
Registrable securities pursuant to Section 2.05 above, the Company is engaged or
has fixed plans to file a Registration Statement with the Commission within
thirty (30) days after the time of the request in a registered public offering
or is engaged in any other activity which, in the good faith determination of
the Company's Board of Directors, would be adversely affected by the requested
registration to the material detriment of the Company , then the Company may at
its option, within five (5) business days after the receipt of the Registration
Request, direct that such request be delayed for a period not in excess of three
(3) months from the effective date of such public offering or thirty (30) days
after the date of commencement of such other material activity, as the case may
be, such right to delay a request to be exercised by the Company not more than
once in any one year period; provided further, however, that in the event of a
delay caused by a pending registered public offering by the Company, the Company
shall use its best efforts to cause to be registered in and sold without Cutback
pursuant to the registration statement for such public offering the Registrable
Shares that would have been eligible to be registered in the requested
Registration Statement that is being delayed.  In the event of any such delay,
the duration of the time periods within which the Rights Holders are entitled to
exercise their registration rights under Sections 2.01 and 2.03 shall be
extended for a period of time equal to the duration of such delay.

     2.07  If a required registration pursuant to Section 2.03 above is an
underwritten offering, the Company may select a managing underwriter to
administer the offering as long as such underwriter is of recognized standing.

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3.  Registration Procedures

     3.01  If and whenever the Company is required by the provisions of this
Agreement to use its best efforts to effect the registration under the
Securities Act of any of the Registrable Shares, subject to Section 2.05, the
Company shall:

         (a) as expeditiously as practical, but in no event later than ninety
    (90) days prepare and file with the Commission a Registration Statement with
    respect to such Registrable Shares and, use its best efforts to cause that
    Registration Statement to become effective as soon as possible thereafter;

         (b) as expeditiously as practicable prepare and file with the
    Commission any amendments and supplements to the Registration Statement and
    the prospectus included in the Registration Statement as may be necessary to
    keep the Registration Statement effective, in the case of a firm commitment
    underwritten public offering, until each underwriter has completed the
    distribution of all securities purchased by it and, in the case of any other
    offering, until the earlier of the sale of all Registrable Shares covered
    thereby and ninety (90) days after the effective date thereof (each, an
    "Applicable Registration Period");

         (c) as expeditiously as practicable furnish to each selling Rights
    Holder such reasonable numbers of copies of the prospectus, including a
    preliminary prospectus, in conformity with the requirements of the
    Securities Act, and such other documents, as the selling Rights Holder may
    reasonably request in order to facilitate the public sale or other
    disposition of the Registrable Shares owned by the selling Rights Holder;
    and

         (d) as expeditiously as reasonably practicable use its best efforts to
    register or qualify the Registrable Shares covered by the Registration
    Statement under the securities or Blue Sky laws of such states as the
    selling Rights Holders shall reasonably request, and do any and all other
    acts and things that may be necessary or desirable to enable the selling
    Rights Holders to consummate the public sale or other disposition in such
    states of the Registrable Shares owned by the selling Rights Holder;
    provided, however, that the Company shall not be required in connection with
    this subsection 3.01(d) to qualify as a foreign corporation or execute a
    general consent to service of process in any jurisdiction.

     3.02  If the Company has delivered preliminary or final prospectuses to the
selling Rights Holders and after having done so the prospectus is amended to
comply with the requirements of the Securities Act, the Company shall promptly
notify the selling Rights Holders and, if requested, the selling Rights Holders
shall immediately cease making offers of Registrable Shares and return all
prospectuses to the Company.  The Company shall promptly but, in any such event,
by no later than the 30th day following the request by the Company that the
Rights Holders cease their sales of shares, provide the selling Rights Holders
with revised prospectuses and, following receipt of the revised prospectuses,
the selling Rights Holders shall be free to resume making offers of the
Registrable Shares.  In such event, however, at the time the Rights Holders are
permitted to resume making such offers the Applicable Registration Period shall
be extended for a number of days equal to the period during which the Rights
Holders were required to cease selling their Registrable Shares pursuant to this
Section 3.02.

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     3.03  Following the effectiveness of a Registration Statement (and the
making of any required filings with any state securities commissions), the
Company may direct the selling Rights Holders to suspend sales of the
Registrable Securities, as provided herein, if one or more of the following
events (a "Suspension Event") occurs:

         (a) an underwritten primary offering by the Company where the Company
    is advised by the underwriters for such offering that sale of Registrable
    Shares under the Registration Statement would have a material adverse effect
    on the primary offering (a "Public Offering Suspension Event"); or

         (b) pending negotiations relating to, or consummation of, a transaction
    or the occurrence of an event (a "Material Event Suspension"):

               (i) that would require additional disclosure of material
          information by the Company in the Registration Statement (or such
          filings) the absence of which would make the Registration Statement
          materially misleading; and

               (ii) as to which the Company has a bona fide business purpose for
          preserving confidentiality; or

               (iii)  which renders the Company unable to comply with Commission
          requirements;

in each case under circumstances that would make it impractical or inadvisable
(i) to take any action with respect to the Registration Statement (or such
filings), the effectiveness or continued effectiveness thereof, or (ii) to
promptly amend or supplement the Registration Statement on a post-effective
basis, as applicable; provided, however, that:

         (x) in the case of any Public Offering Suspension Event, the Company
    shall use its best efforts to cause to be registered in and sold without
    Cutback, pursuant to the underwritten registration statement for such public
    offering, the Registrable Shares that were subject to the Suspension Event;

         (y) in the case of any Public Offering Suspension Event, the period of
    suspension shall terminate (A) within thirty (30) days if the registration
    statement therefor is not filed with the Commission prior thereto, (B) if
    the registration statement is filed with the Commission within such 30 day
    period, but is not declared effective within the succeeding 60 days, on the
    earlier of the termination of such 60 day period or the withdrawal of such
    registration statement by the Company; and

         (z) in the case of a Material Event Suspension under subsection (ii),
    the duration of the suspension shall terminate on the earlier of the public
    announcement of such Suspension Event and the expiration of thirty (30) days
    from the commencement of the suspension and, in the case of a Material Event
    Suspension under subsections (i) or (iii), the Company shall use its best
    efforts to cause the duration of the suspension to terminate as soon as
    reasonably practicable.

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     If, despite the exercise of its best efforts, the Company is not able to
include all of such Registrable Shares in such registered public offering, as
contemplated by clause (x) above, or in case of any Material Event Suspension,
then, at the election of the holders of a majority of the Registrable Shares
included in the Suspended Registration Statement, (A) the duration of the
Applicable Time Period of the Suspended Registration Statement shall be extended
for a period of time equal to the duration of the suspension or (B) such Rights
Holders shall terminate their participation in the suspended Registration
Statement, in which case that Registration Statement shall not count as a
Registration Statement for purposes of Section 2 of this Agreement, such Holders
shall not be responsible for paying or reimbursing the Company for any of the
Registration Expenses incurred with respect to such Suspended Registration and
the respective time periods within which the Registrable Holders may exercise
their registration rights under Section 2.01 and 2.03 shall each be extended for
a period of time equal to the period of the suspension resulting from the
Suspension Event.

     3.04  In the case of a Suspension Event, the Company shall give written
notice (a "Suspension Notice") to the selling Rights Holders to suspend sales of
the Registrable Shares so that the Company may correct or update the
Registration Statement (or such filings); provided, however, that such
suspension shall continue no longer than the applicable period of time set forth
in Section 3.03 above.  The selling Rights Holders agree that they will not
effect any sales of the Registrable Shares pursuant to such Registration
Statement (or such filings) at any time during the period from the date they
received a Suspension Notice from the Company to such date as of which the
Suspension Period shall expire as provided in clauses (y) and (z) of Section
3.03 above.  If so directed by the Company, selling Rights Holders will deliver
to the Company all copies of the prospectus covering the Registrable Shares held
by them at the time of receipt of the Suspension Notice.  The selling Rights
Holders may recommence effecting sales of the Registrable Shares pursuant to the
Registration Statement (or such filings) following further written notice to
such effect (an "End of Suspension Notice") from the Company, which End of
Suspension Notice shall be accompanied by copies of the supplemented or amended
prospectus necessary to resume such sales; provided, however, that such End of
Suspension Notice shall be delivered, in the case of a Public Offering
Suspension Event, on the earlier to occur of the consummation of the public
offering and the date set forth in clause (y) of Section 3.03 above, and in the
case of a Material Event Suspension, at the applicable date set forth in clause
(z) of Section 3.03.

4.  Allocation Of Expenses

     The Company will pay all Registration Expenses of any registration under
this Agreement; provided, however, that, except as otherwise provided in Section
3.03, if a registration is withdrawn at the request of the Rights Holders
requesting such registration (other than as a result of information concerning
the business or financial condition of the Company which is made known to the
Rights Holders after the date on which such registration was requested) and if
the requesting Rights Holders elect not to have such registration counted as a
registration requested under Section 2, the requesting Rights Holders shall pay
the Registration Expenses of such registration pro rata in accordance with the
number of their Registrable Shares included in such registration (provided such
registration was requested pursuant to Section 2.03 hereof).  For purposes of
this Section 4, the term "Registration Expenses" shall mean all expenses
incurred by the Company in complying with this Agreement, including, without

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limitation, all registration and filing fees, exchange listing fees, printing
expenses, fees and expenses of counsel for the Company and the reasonable fees
and expenses of one counsel selected by the selling Rights Holders to represent
the selling Rights Holders, state Blue Sky fees and expenses, and the expense of
any special audits incidental to or required by any such registration, but
excluding underwriting discounts, selling commissions and the fees and expenses
of any selling Rights Holder's own counsel, or other out-of-pocket expenses of
the Rights Holders or their agents (other than the counsel selected to represent
all selling Rights Holders).

5.  Indemnification And Contribution

     5.01  In the event of any registration under the Securities Act of any
Registrable Shares pursuant to this Agreement, the Company will indemnify and
hold harmless the seller of such Registrable Shares, each underwriter of such
Registrable Shares, and each other person, if any, who controls such seller or
underwriter within the meaning of the Securities Act or the Exchange Act against
any losses, claims, damages or liabilities, joint or several, to which such
seller, underwriter or controlling person may become subject under the
Securities Act, the Exchange Act, state securities or Blue Sky laws or
otherwise, insofar as such losses, claims, damages or liabilities (or actions in
respect thereof) arise out of or are based upon any untrue statement or alleged
untrue statement of any material fact contained in any Registration Statement
under which such Registrable Shares were registered under the Securities Act,
any preliminary prospectus or final prospectus contained in the Registration
Statement, or any amendment or supplement to such Registration Statement, or
arise out of or are based upon the omission or alleged omission to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading; and the Company will reimburse such seller, underwriter
and each such controlling person for any legal or any other expenses reasonably
incurred by such seller, underwriter or controlling person in connection with
investigating or defending any such loss, claim, damage, liability or action as
and when incurred by them; provided, however, that the Company will not be
liable in any such case to the extent that any such loss, claim, damage or
liability arises out of or is based upon any untrue statement or omission made
in such Registration Statement, preliminary prospectus or final prospectus, or
any such amendment or supplement, in reliance upon and in conformity with
information furnished to the Company, in writing, by or on behalf of such
seller, underwriter or controlling person specifically for use in the
preparation thereof; (provided, further, however, that the foregoing indemnity
agreement with respect to any registration statement or prospectus relating to
the Registrable Securities shall not inure to the benefit of any seller in such
offering, its officers, directors or agents, or controlling persons if:

         (a) a copy of a prospectus (as then amended or supplemented if the
    Company shall have furnished any amendments or supplements thereto) for such
    offering was not sent or given by or on behalf of such selling shareholder
    to the person ("Asserting Person") asserting any losses, claims, damages or
    liabilities as a result of an untrue statement of a material fact contained
    in any registration statement or prospectus relating to the Registrable
    Securities (as amended or supplemented if the Company shall have furnished
    any amendments or supplements thereto) or caused by 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 if such
    prospectus (as so amended or

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    supplemented) would have cured the defect giving rise to such losses,
    claims, damages or liabilities; or

         (b) such selling shareholder sold Registrable Securities to the
    Asserting Person during the period between the date of a Suspension Notice
    and the date of a End of Suspension Notice.

     5.02  In the event of any registration under the Securities Act of any of
the Registrable Shares pursuant to this Agreement, each seller of Registrable
Shares, severally and not jointly, will indemnify and hold harmless the Company,
each of its directors and officers and each underwriter (if any) and each
person, if any, who controls the Company or any such underwriter within the
meaning of the Securities Act or the Exchange Act, against any losses, claims,
damages or liabilities, joint or several, to which the Company, such directors
and officers, underwriter or controlling person may become subject under the
Securities Act, Exchange Act, state securities or Blue Sky laws or otherwise,
insofar as such losses, claims, damages or liabilities (or actions in respect
thereof) arise out of or are based upon any untrue statement or alleged untrue
statement of a material fact contained in any Registration Statement under which
such Registrable Shares were registered under the Securities Act, any
preliminary prospectus or final prospectus contained in the Registration
Statement, or any amendment or supplement to the Registration Statement, or
arise out of or are based upon any omission or alleged omission to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading, if the statement or omission was made in reliance upon
and in conformity with information relating to such seller furnished in writing
to the Company by or on behalf of such seller specifically for use in connection
with the preparation of such Registration Statement, prospectus, amendment or
supplement; provided, however, that the obligations of such Rights Holders
hereunder shall be limited to an amount equal to the proceeds to each Rights
Holder of Registrable Shares sold in connection with such registration.  The
terms of any underwriting agreement entered into by the Company to effect a
registration of the Registrable Securities shall require the underwriter to
indemnify and hold harmless the Company, its officers, directors, controlling
persons and agents and each selling Rights Holder on substantially the same
basis as that of the indemnification of the Company by each selling holder as
provided in this Section 5.

     5.03  Each party entitled to indemnification under this Section 5
("Indemnified Party") shall give notice to the party required to provide
indemnification ("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 defence of any such claim or any
litigation resulting there from; provided, however, that counsel for the
Indemnifying Party, who shall conduct the defence of such claim or litigation,
shall be approved by the Indemnified Party (whose approval shall not be
unreasonably withheld); 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 (except to the extent
such failure to give notice has resulted in increased losses, damages or
liabilities for the Indemnifying Party).  The Indemnified Party may participate
in such defence at such party's expense and the Indemnified Party and not the
Indemnifying Party shall bear or be responsible for the expenses thereof,
unless:

         (a) the Indemnifying Party and the Indemnified Party shall have
    mutually agreed to the retention of such counsel, or

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         (b) the named parties to any such proceeding (including any imp leaded
    parties) include both the Indemnified Party and the Indemnifying Party and
    representation of both parties by the same counsel would be inappropriate
    due to actual or potential differing interests between them.

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
judgement or enter into any settlement which does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such
Indemnified Party of a release from all liability in respect of such claim or
litigation, and no Indemnified Party shall consent to entry of any judgement or
settle such claim or litigation without the prior written consent of the
Indemnifying Party, which shall not be unreasonably withheld.

     5.04  In order to provide for just and equitable contribution to joint
liability under the Securities Act in any case in which either:

         (a) any holder of Registrable Shares exercising rights under this
    Agreement, or any controlling person of any such holder, makes a claim for
    indemnification pursuant to this Section 5 but it is judicially determined
    (by the entry of a final judgement or decree by a court of competent
    jurisdiction and the expiration of time to appeal or the denial of the last
    right of appeal) that such indemnification may not be enforced in such case
    notwithstanding the fact that this Section 5 provides for indemnification in
    such case; or

         (b) contribution under the Securities Act may be required on the part
    of any such selling Rights Holder or any such controlling person in
    circumstances for which indemnification is provided under this Section 5;

then, in each such case, the Company and such Rights Holder will contribute to
the aggregate losses, claims, damages or liabilities to which they may be
subject (after contribution from others) in such proportions as is appropriate
to reflect the relative fault of the Indemnifying Party and Indemnified Parties
in connection with the actions which resulted in such losses, claims, damages,
liabilities or expenses, as well as any other relevant equitable considerations;
provided, however, that, in any such case:

         (i) no such holder will be required to contribute any amount in excess
    of the proceeds to it of all Registrable Shares sold by it pursuant to such
    Registration Statement; and

         (ii) no person or entity guilty of fraudulent misrepresentation, within
    the meaning of Section 11(f) of the Securities Act, shall be entitled to
    contribution from any person or entity who is not guilty of such fraudulent
    misrepresentation.

6.  Indemnification With Respect To Underwritten Offering

     In the event that Registrable Shares are sold pursuant to a Registration
Statement in an underwritten offering, the Company agrees to enter into an
underwriting agreement containing customary representations and warranties with
respect to the business and operations of an issuer of the securities being
registered and customary covenants and agreements to be performed by

                                       11
<PAGE>

such issuer, including, without limitation, customary provisions with respect to
indemnification by the Company of the underwriters of such offering.

7.  Information By Rights Holder

     Each Rights Holder including Registrable Shares in any registration shall
furnish to the Company such information regarding such Rights Holder and the
distribution of such Right Holder's Registrable Shares proposed by such Rights
Holder as the Company may reasonably request in writing and as shall be required
in connection with any registration, qualification or compliance referred to in
this Agreement.

8.  "Stand-Off" Agreement

     Each Rights Holder, if requested by the Company and the managing
underwriter of a firmly underwritten offering by the Company of Common Stock or
other securities of the Company pursuant to a Registration Statement, shall
agree not to sell publicly or otherwise transfer, pledge or dispose of any
Registrable Shares or other securities of the Company held by such Rights Holder
for a specified period of time (not to exceed 120 days) following the effective
date of such Registration Statement; provided, that (i) all officers and
directors of the Company enter into similar agreements and (ii) the Rights
Holder's Registrable Shares have, to the extent requested by such Rights Holder,
been included in and are sold to the underwriters in such offering.

9.  No Limitations On Subsequent Registration Rights

     Nothing contained in this Agreement shall prohibit the Company from
granting to any holder or prospective holder of any securities of the Company
registration rights which would allow such holder or prospective holder to
include securities of the Company in any Registration Statement filed by the
Company, subject to the provisions of the last sentence of Section 2.02.

10.  Rule 144 Requirements

     The Company agrees to:

         (a) comply with the requirements of Rule 144(c) under the Securities
    Act with respect to current public information about the Company;

         (b) use its reasonable efforts to file with the Commission 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

         (c) furnish to any holder of Registrable Shares upon request:

               (i) a written statement by the Company as to its compliance with
          the requirements of Rule 144(c) under the Securities Act, and the
          reporting, requirements of the Securities Act and the Exchange Act (at
          any time after it has become subject to such reporting requirements);

                                       12
<PAGE>

               (ii) a copy of the most recent annual or quarterly report of the
          Company; and

               (iii)  such other reports and documents of the Company as such
          holder may reasonably request to avail itself of any similar rule or
          regulation of the Commission allowing it to sell any such securities
          without registration.

11.  Mergers, Etc.

     The Company shall not, directly or indirectly, enter into any merger,
consolidation or reorganization in which the Company shall not be the surviving
corporation or in which, although it is the surviving corporation, it becomes a
subsidiary of another corporation or entity (a "Parent Entity'), unless the
proposed surviving corporation or Parent Entity, as the case may be, shall,
prior to such merger, consolidation or reorganization, agree in writing to
assume the obligations of the Company under this Agreement; and for such
purpose, references hereunder to "Registrable Shares" shall be deemed to be
references to the securities which the Rights Holders would be entitled to
receive in exchange for Registrable Shares under any such merger, consolidation
or reorganization; provided, however, that the provisions of this Section 11
shall not apply in the event of any merger, consolidation or reorganization in
which the Company is not the surviving corporation and does not become a
subsidiary of a Parent Entity, if all stockholders are entitled to receive in
exchange for their Registrable Shares consideration consisting solely of:

         (a)  cash; or

         (b) securities of the acquiring corporation which may be immediately
    sold to the public without registration under the Securities Act.

12.  Termination

     All of the Company's obligations to register Registrable Shares under this
Agreement shall terminate upon the last to occur of (i) the sale of all
Registrable Shares by the Holders thereof pursuant to this Agreement, (ii) the
earliest date as of which all Registrable Shares have ceased being Registrable
Shares or (iii) the expiration of the S-3 Registration Period (as the same may
have been extended pursuant to Section 2.05 or Section 3.03 above).

13.  Transfers Of Rights

     This Agreement, and the rights and obligations of each Rights Holder
hereunder, may only be assigned (including assignment by law) by such Rights
Holder to:

         (a) any partner or retired partner of the Rights Holder, if the Rights
    Holder is a partnership;

         (b) any family member or trust for the benefit of the Rights Holder, if
    the Rights Holder is an individual; and

                                       13
<PAGE>

         (c) any entity controlled by, controlling or under common control with
    the Rights Holder;

provided that the transferee provides written notice of such assignment to the
Company and agrees in writing to be bound by the terms and conditions hereof.

14.  Other Public Offerings

     This Agreement is not intended to and shall not preclude the Company from
listing its Common Stock on any reputable non-United States exchange.

15.  Notices

     All notices, requests, consents, and other communications under this
Agreement shall be in writing and shall be delivered by hand or mailed by first-
class certified or registered mail, return receipt requested, postage prepaid:

         (a) if to the Company, to 2933 Bunker Hill Lane, Suite 201, Santa
    Clara, California 95054, Attention: Company Secretary, or to such other
    address or addresses as may from time to time be furnished in writing by the
    Company to the Rights Holders, with a copy to Gregory J. Conklin, Gibson,
    Dunn & Crutcher LLP, One Montgomery Street, Suite 3100, San Francisco,
    California  94104; or

         (b) if to an Investor, to its address set forth on Schedule 1 attached
                                                            ----------
    hereto, or to such other address or addresses as may from time to time be
    furnished to the Company in writing by such Investor, with a copy to Tally
    Eitan or Joel Stein, Eitan, Pearl, Latzer & Cohen Zedek, Gav Yam 2, Shenkar
    Street, 7 Herzelia, Israel.

     Notices provided in accordance with this Section 15 shall be deemed
delivered upon personal delivery or two business days after deposit in the mail.

16.  Entire Agreement

     This Agreement embodies the entire agreement and understanding between the
parties hereto with respect to the subject matter hereof and supersedes all
prior agreements and understandings relating to such subject matter.

17.  Amendments And Waivers

     Any term of this Agreement may be amended and the observance of any term of
this Agreement may be waived (either generally or in a particular instance and
either retroactively or prospectively), only with the written consent of the
Company and the holders of a majority of the Registrable Shares; provided,
however, that this Agreement may be amended with the consent of the holders of
less than all but at least a majority of the Registrable Shares only in a manner
which affects the rights of all Registrable Shares in the same fashion.  No
waivers of or exceptions to any term, condition or provision of this Agreement,
in any one or more instances,

                                       14
<PAGE>

shall be deemed to be, or construed as, a further or continuing waiver of any
such term, condition or provision.

18.  Counterparts

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

19.  Severability

     The invalidity or unenforceability of any provision of this Agreement shall
not affect the validity or enforceability of any other provision of this
Agreement.

20.  Governing Law

     This Agreement shall be governed by and construed in accordance with the
internal laws of the State of California without reference to conflict of laws
principles thereof.

21.  Section Headings

     The heading of each Section, Subsection or other subdivision of this
Agreement is for reference purposes only and shall not limit or control the
meaning thereof.

22.  Execution of Share Transfer Deeds

     The agreement of the Company to include 100% of the Parent Shares issued to
HVenture, DInternational, D.St.Charles, MStudent and PSimon  is conditioned upon
each such Investor's delivery to the Shareholders' share transfer deeds in
respect of the 10% of such Investor's Parent Shares which are subject to the
Share Purchase Indemnification Escrow Agreement (as such term is defined in the
Share Purchase Agreement).

                    [REMAINDER OF PAGE INTENTIONALLY BLANK]

                                       15
<PAGE>

     IN WITNESS WHEREOF, each of the parties has caused this Agreement to be
duly executed on its behalf as of the day and year first above written.

                              COMPANY:

                              VIRATA CORPORATION

                              By: /s/ Charles Cotton
                                 ------------------------------------
                                 Name:  Charles Cotton
                                 Title: Chief Executive Officer

                              SHAREHOLDERS' AGENT

                              /s/ Jonathan Masel
                              ---------------------------------------
                              Jonathan Masel

                                       16
<PAGE>

                                                                      SCHEDULE 1

                                   INVESTORS
                                   ---------

Jonathan Masel                                  Holland Venture

_______________________________                 _______________________________
_______________________________                 _______________________________
_______________________________                 _______________________________
Telephone:                                      Telephone:
Telecopier:                                     Telecopier:

Joanne Masel                                    Docor International

_______________________________                 _______________________________
_______________________________                 _______________________________
_______________________________                 _______________________________
Telephone:                                      Telephone:
Telecopier:                                     Telecopier:

Menacham Student

_______________________________
_______________________________
_______________________________
Telephone:
Telecopier:

David St. Charles

_______________________________
_______________________________
_______________________________
Telephone:
Telecopier:

Peter Simon

_______________________________
_______________________________
_______________________________
Telephone:
Telecopier:EX-10.2
WCW AGREEMENT

                         MERCHANDISING LICENSE AGREEMENT

                            Date: as of June 2, 1999

Property:   World Championship Wrestling
License No.: D993287

WCW                                        LICENSEE

WORLD CHAMPIONSHIP WRESTLING, INC.         TRIMFAST GROUP, INC.
One CNN Center                             777 South Harbour Island Blvd., #260
l2th Floor, South Tower                    Tampa, FL 33602
Atlanta, Georgia 30348-5366
                                           Contact: Michael J. Muzio
                                           Tel: 8l3-275-0050
                                           Fax: 813-275-0051

      This  Agreement  is  made  as  of  the date specified above between WCW on
behalf  of  itself  and  its  parent, subsidiaries and affiliates (the foregoing
collectively,  "Related  Entities")  and Licensee, whereby WCW grants Licensee a
license  to  utilize  certain  names,  likenesses, characters, trademarks and/or
copyrights  in  connection  with  the  manufacture,  distribution,  advertising,
promotion and sale of certain articles of merchandise on the following terms and
conditions:

1.    Licensed  Elements:  See  Schedule  "1"  attached  below.
      -------------------

2.    Authorized  Articles:  Trimfast  Energy  Bars  (WCW  Bars)  in  3 flavors:
      --------------------
chocolate,  chocolate  chip;  chocolate  peanut  butter;  and  Passion  fruit

 Licensee  is  limited  to  the  foregoing  Authorized  Articles  as  currently
manufactured  by  Licensee  with the ingredients set out in Exhibit A*. Licensee
has  provided  WCW  with  a  complete  list  of its entire current product line.
Licensee shall from time to time provide WCW with an updated list of its current
product line. In the event WCW objects to any products being produced or sold by
Licensee, Licensee shall discontinue production and sale of such products within
sixty  (60)  days  of notice by WCW or WCW may terminate this Licensee agreement
immediately  without  recourse.

      *(Exhibit  A)

<PAGE>
 Ingredients:  High  fructose, corn syrup, chocolate coating (contains turbinado
sugar,  fractionated  vegetable oils, non-fat dry mild, cocoa, soy lecithin, and
salt),  cocoa  powder,  chocolate  chips,  calcium,  etc.

3.    Licensed  Territory:   U.S.,  its  territories  and  possessions  &  U.S.
      --------------------
Military  Installations

The  Authorized  Articles  may  only  be  distributed in the Licensed Territory.
Licensee  shall  impose  the  obligation on its customers to sell the Authorized
Articles  only  within  the  Licensed  Territory  and  shall  not knowingly sell
Authorized  Articles  to  persons or entities whom Licensee knows, or reasonably
should  know,  intend  to  resell  or
are  likely  to  resell  the Authorized Articles outside the Licensed Territory.

4. License Period:     June 2, 1999-December 31,2002

5. Exclusivity:        Nonexclusive

6. Royalty Rate:       6%-net sales

7. Advance/Guarantee:  Advance:           $50,000 (already received)
                       Balance of
                       Guarantee:         $500,000
                       ----------         --------
                       Total of Guarantee:$550,000 (includes advance)

The non-refundable Advance of $50,000 is payable in full concurrently with WCW's
receipt of copies of this Agreement (without amendments or modifications) signed
by  Licensee,  which  in any event will be not later than the date fourteen (14)
days  after  Licensee  receives  copies  of  this  Agreement  for  signature.

The balance of the Guarantee is payable in installments as follows:

                  $100,000 due no later than 12/31/99
                  $100,000 due no later than 6/30/00
                  $100,000 due no later than 9/30/00
                  $100,000 due no later than 12/31/00
                  $100,000 due no later than 6/30/01

(All  references to "Dollar(s)" and/or "$" anywhere in this Agreement will refer
to  United  States  Dollars.)

8.    MARKETING DATE: Marketing of each of the Authorized Articles will begin no
      ---------------
later  than  October  1,  1999.

9.    SHIPPING  DATE:  Shipment  to retailers of each of the Authorized Articles
      ---------------
will  begin  no  later  than  November  1,  1999.

<PAGE>
10.   AUTHORIZED CHANNELS OF DISTRIBUTION: Mass Markets, Chain Stores, Specialty
      ------------------------------------
Stores

The  Authorized Articles may only be distributed through the Authorized Channels
of  Distribution  within  the  Licensed  Territory.  Licensee  shall  impose the
obligation  on  its  customers  to sell the Authorized Articles only through the
Authorized  Channels  of  Distribution  and  shall not knowingly sell Authorized
Articles  to  persons  or  entities  whom

Licensee  knows,  or reasonably  should know,  intend to resell or are likely to
resell  the  Authorized   Articles   outside  of  the  Authorized   Channels  of
Distribution.  Authorized  Articles  may not be sold  within 500 feet of any WCW
event.

The  Authorized  Articles  may  only  be  distributed  through  the  Authorized
Channels  of  Distribution  within  the  Licensed  Territory.  In  the event the
Authorized  Articles are permitted for distribution to retail outlet     located
at or within 500 feet of a WCW event venue, Licensee shall impose the obligation
on  the retail outlets not to sell any of the Authorized  Articles on the day of
any  WCW sponsored events at such venue. Licensee shall impose the obligation on
its  customers  to  sell  the  Authorized  Articles  only through the Authorized
Channels  of  Distribution  and shall  not knowingly sell Authorized Articles to
persons  or  entities  whom Licensee knows, or reasonably should know, intend to
resell or are likely to resell the Authorized Articles outside of the Authorized
Channels  of  Distribution.

11.   SELL-OFF  PERIOD:  90  days
      ----------------

12.   FORM OF COPYRIGHT AND TRADEMARK NOTICE: Each Authorized Article shall bear
      --------------------------------------
copyright  and trademark notices in the following form (or in such other form as
WCW  may  hereafter  designate,  for  prospective  implementation, by  notice to
Licensee):

                                 19XX & WCW,Inc.

The packaging containing the Authorized Articles described in Paragraph 2 herein
shall bear the following copyright and trademark notices.

Copyright:  19XX World Championship  Wrestling,  Inc. A Time Warner Company. All
Rights Reserved.

Trademark:  WCW(tm) and NWO(c) are trademarks of World  Championship  Wrestling,
Inc.

All  characters  depicted,  are  trademarks  of or used  under  License to World
Championship Wrestling Inc.

<PAGE>
13.  Notices:  Payments and  statements  to WCW shall be made or given to agent,
Leisure Concepts Inc. (WCW's Agent) at 1414 Avenue of the Americas, New York, NY
10014 attn: Accounting Department. All other notices to WCW shall be sent to WCW
at the Atlanta  address  specified on the first page of this  Agreement,  with a
copy to the same address, Attention: Legal Department.

14.  Standard Terms:  The attached  "Exhibit `A' (Standard Terms and Conditions)
are incorporated by this reference into the terms of this Merchandising  License
Agreement (collectively referred to herein as "Agreement"). If any provision set
forth above in this  Agreement  conflicts (or is construed to conflict) with any
provision of the Standard Terms and Conditions,  the provisions  hereinabove set
forth will control.

15. Credit Terms:  Execution of this  Agreement by WCW is contingent  upon WCW's
satisfaction  with Licensee's  financial ability to fulfill the Guarantee stated
herein.  To this end,  Licensee  agrees to  furnish  any  financial  information
requested by WCW to confirm  Licensee's  credit status.  If deemed  necessary by
WCW,  Licensee  shall  furnish a first  priority lien and security  interest,  a
letter of credit,  or any other such  acceptable  form of  security to cover the
Guarantee.  Licensee  agrees to comply  with WCW's  request(s)  pursuant to this
Paragraph before and during the entire term of this Agreement.

16. Special Terms: If Authorized Articles are not marketed within 90 days of the
Shipping Date, WCW may remove the rights of those items.

If the forgoing  proposal  meets with the approval of Licensee,  please sign and
return this  proposal to WCW.  Upon  execution by WCW,  this  document will be a
binding agreement between Licensee and WCW as of the date first above written.

     WORLD CHAMPIONSHIP WRESTLING, INC.     TRIMFAST GROUP, INC.
     ("WCW" )                               ("Licensee")

     By:  /s/ Casey Collins                 By: /s/ Michael J. Muzio
        -------------------------              -------------------------
     Title: Director of Licensing            Title: C.E.O.
           ----------------------                  ---------------------

                                  SCHEDULE "1"

1. "Licensed  Elements" means only the names and static visual likenesses of the
following specific fictional  characters,  only as depicted in the entertainment
properties defined below as the "Program(s)" (excluding dialogue, storylines and
plot elements from the Pictures, except as specifically agreed in writing and in
advance by WCW).  It is  specifically  understood  and agreed that the character
names, likenesses and other elements referred to above (including,

<PAGE>
if applicable,  the names of actors,  voice-over artists,  and/or other elements
listed in this  Schedule  "1") are included  within the  definition of "Licensed
Elements" (i) only to the extent of WCW's ownership or control thereof, and (ii)
only  as  specifically  depicted  in and as  part  of the  Program(s).  Licensee
understands  and  acknowledges  that nothing herein grants Licensee the right to
use sound bites, voices,  music, or other audio effects from the Program(s).  If
Licensee wishes to use any such elements,  Licensee must separately' procure the
necessary  rights,  and any rights,  clearance or related fees arising from same
shall be at Licensee's sole expense. WCW reserves the right to amend the list of
Licensed  Elements from time to time to keep the list current with WCW licensing
rights.

PROGRAM(S)                           LICENSED ELEMENTS

WORLD CHAMPIONSHIP WRESTLING

                                     All WCW & NWO Logos
                                     All WCW & NWO Slogans
                                     Adams, Brian
                                     Adams, Chris
                                     Anderson, Arn
                                     Armstrong, Brad
                                     Armstrong, Scott
                                     Armstrong, Steve
                                     Asya
                                     Bagwell, Marcus
                                     Barbarian
                                     Benoit, Chris
                                     Bam Bam Bigelow
                                     Bischoff, Eric
                                     Blaze, Bobby
                                     Blitzkrieg
                                     Burke, Leo
                                     Chastity
                                     Ciclope
                                     Damien
                                     Darsow, Barry
                                     Dillon, JJ
                                     Disciple
                                     Disco Inferno
                                  Disorderly Conduct (Tom)
                                  Disorderly Conduct (Mike)
                                      DJ Ran (DJ)
                                      Duncum, Jr., Bobby
                                      Eaton, Bobby
                                      El Dandy
                                      Elizabeth, Miss
                                      El Vampiro
                                      Enos, Mike

<PAGE>
                                      Finlay, Fit
                                      Flair, David
                                      FLair, Ric
                                      Flores, Art
                                      Flynn, Jerry
                                      Fortune, Chad
                                      Fuller, Rick
                                      Gambler
                                      Garza, Hector
                                      Goldberg, Bill
                                      Gorgeous George
                                      Guerrera, Juventud
                                      Guerrero, Chavo Jr.
                                      Guerrero, Eddie
                                      Hacksaw Jim Duggan
                                      Hale, Emory
                                      Hak
                                      Hall, Scott
                                      Hanmer, Bret
                                      Hankton, Kirt
                                   Harlem Heat - Booker T
                                   Harlem Heat - Stevie Ray
                                   Hart, Bret "The Hitman"
                                       Hart, Jimmy
                                       Helms, Shane
                                  Heenan, Bobby (Announcer)
                                       Hennie, Curt
                                       High Voltage -Rage
                                       High Voltage - Kaos
                                           Hogan, Hollywood
                                           Horace
                                           Horowitz, Barry
                                  Hudson, Scott (Announcer)
                                           Ice Train
                                           Jakes
                                Johnson, Mark (NWO Referee)
                                           Kanyon
                                           Kaz
                                           Kellum, Rob
                                           Kidman, Billy
                                           Knobs
                                           Konnan
                                           Karagias, Evan
                                           Lane, Lenny
                                           La Parka
                                           LaRue, Lash
                                           Lex Luger
                                           Lizmark, Jr.
                                           Lodi
                                           Madusa
                                           Malenko, Dean

<PAGE>
                                           Master P
                                           Meng
                                           Miller, Ernest
                                           Mitchell, James
                                           Moore, Shannon
                                           Morris, Hugh
                                           Mysterio Jr.,Rey
                                           Nash,Kevin
                                       Nitro Girls-Kimberly
                                           Nitro Girls-Chae
                                          Nitro Girls-Spice
                                        Nitro Girls-Tygress
                                        Nitro Girls -- Fyre
                                     Nitro Girls -- AC Jazz
                                       Nitro Girls -- Storm
                                 Norris, Harrison - Trainee
                                           Norton, Scott
                                           NWO Sting
                            Okerlund, Mean Gene (Announcer)
                                           Onoo, Sonny
                                       Page, Diamond Dallas
                                    Patrick, Nick (Referee)
                                           Piper, Roddy
                                           Poffo, Lanny
                                           Prince Iaukea
                                           Psychosis
                               Public Enemy (Rocco Rock)
                               Public Enemy (Johnny Grunge)
                                           Putski, Scott
                               Rachtman, Riki  (Announcer)
                                           Raven
                                           Regal, Steven
                                           Reese, Ron
                                           Riggs, Scotty
                                           Saturn
                                           Savage, Randy
                                Schiavone, Tony (Announcer)
                                           Sick Boy
                                           Silver King
                                           Smiley, Norman
                                           Steiner, Rick
                                           Steiner, Scott
                                           Sting
                                           Sullivan, Kevin
                                           Swinger, Johnny
                                           Swoll
                                           Tatum, Chase
                                   Tenay, Mike (Announcer)
                                           Torborg, Dale
                                           Ultimo Dragon
                                           Van Hammer

<PAGE>
                                           Vicious, Sid
                                           Villano IV
                                           Villano V
                                           Vincent
                                           Walker, Bobby
                                        Wallstreet, Michael
                                        Watts, Erik
                                        Wilson, Luther
                                        Windham, Kendall
                                        Windham. Barry
                                        Wrath
                                        Wright, Alex
                                        Whipwreck, Mikey
                                  Zbyszko,Larry (Announcer)

                                    EXHIBIT "A"

                           MERCHANDISING LICENSE AGREEMENT

                           STANDARD TERMS AND CONDITIONS

      These Standard Terms and Conditions shall be deemed fully incorporated in
the License Agreement ("Underlying Agreement") to which this Exhibit "A" is
attached, and these Standard Terms and Conditions and the Underlying Agreement
shall hereinafter be collectively referred to as the "Agreement." All terms
shall, unless expressly provided to the contrary herein, have the same
respective meanings as set forth in the Underlying Agreement. Unless expressly
provided to the contrary herein, to the extent that any provision of these
Standard Terms and Conditions conflicts with any provision of the Underlying
Agreement, the Underlying Agreement shall control.

A-l   LICENSE
      -------

      WCW hereby grants to Licensee, and Licensee hereby accepts, a license to
utilize the Licensed Elements upon or in connection with the Authorized
Articles, for the purpose of the manufacture, distribution, advertising,
promotion and sale of the Authorized Articles in the Licensed Territory during
the License Period, upon and subject to all of the terms and conditions of this
Agreement. Any and all rights not expressly granted to Licensee hereunder are
expressly reserved by WCW and may be exercised and exploited freely by WCW at
any time, and Licensee covenants and agrees that it shall not exercise, or

<PAGE>
authorize or permit others to exercise, any rights with respect to the Licensed
Elements other than the limited and specific rights licensed hereunder. It is
understood that the license granted hereunder relates to the sale of Authorized
Articles and does not grant Licensee any rights with respect to the use of the
Licensed Elements in connection with premium promotions or other giveaways.

A-2   PAYMENT AND ACCOUNTINGS

      (a) Royalty. Licensee shall pay to WCW's Agent a royalty as specified in
the Underlying Agreement with respect to all Net Sales of Authorized Articles.
"Net Sales" shall mean gross sales by Licensee or any of its affiliated,
associated or subsidiary companies, without any deductions whatsoever
(including, without limitation, freight, taxes, uncollectible accounts,
manufacturing, distribution, advertising, marketing or promotion costs with the
exception of trade quantity discounts only), except for actual returns. Credit
against sales shall be allowed only for actual returns and shall not be allowed
on the basis of an accrual or reserve system. Net Sales for each Authorized
Article shall be computed on no less than Licensee's regular, full,
"top-of-the-line" gross wholesale invoice price calculated at source in the
Licensed Territory, based upon the usual billing price for items sold in the
normal course of business ("Royalty Base Price"). The foregoing royalty shall
be payable on all Authorized Articles distributed by Licensee, including
Authorized Articles not billed, except for a reasonable number of samples which
may be given away to the trade in the normal course of business.

      (b) Advance and Guarantee. Licensee shall pay to WCW's Agent the Advance
and Guarantee in accordance with the payment schedule specified in the
Underlying Agreement. The Advance and installments of the balance of the
Guarantee constitute a non-refundable advance against royalties to be earned as
provided above. The total Guarantee shall be deemed accrued to WCW's account as
of the date of this Agreement.

      (c) Monthly Statements. Not later than thirty (30) days after the initial
shipment of the Authorized Articles and promptly on the 15th day of every month
thereafter during the License Period, Licensee shall furnish to WCW's Agent
complete and accurate statements (certified to be accurate by Licensee) showing
the product and style number, description, unit sales, Royalty Base Price, gross
sales and Net Sales of each and every Authorized Article covered by this
Agreement. All statements shall be prepared by Licensee utilizing the form
attached as Exhibit "B" hereto and incorporated by reference, as said form may
be revised from time to time by WCW. Royalty reports shall be prepared
separately for each country within the Licensed Territory, and shall include a
product sales breakdown by style number, which indicates clearly which of the

<PAGE>
Licensed Elements were utilized in connection with each Authorized Article,
including a breakdown for each Licensed Element, by character. Reporting will
be completed in such a manner, and in sufficient detail, to enable WCW to
separate royalties by the respective elements used; including, without
limitation, the contract number present in the upper left-hand corner of the
first page of this contract.

      (d) Royalty Payments. Royalty payments due hereunder shall be paid not
later than thirty (30) days after the end of each calendar month and such
payments shall accompany the statements required above. Licensee shall also
include the contract number, present in the upper left-hand corner of the first
page of this contract, on the face of the royalty check. If the License Period
is extended beyond the term specified in Paragraph 4 of the Underlying
Agreement, royalty payments which exceed the total Guarantee shall not be
credited toward any similar guarantee which is payable with respect to the
extension period. All payments shall be in U.S. funds. Licensee shall pay, and
hold WCW forever harmless from, all taxes, customs, duties, levies, imposts or
any other charges now or hereafter imposed or based upon the manufacture,
delivery, license, sale, possession or use hereunder to or by Licensee of the
Authorized Articles or the Licensed Elements (including but not limited to
sales, use, inventory, income and value added taxes on sales of Authorized
Articles), which charges shall not be deducted from WCW's royalties. All monies
payable to or received by Licensee from the exploitation of the rights granted
herein shall be held by Licensee in trust for WCW`s account to the extent of
WCW`s entitlement to such monies as set forth in this Agreement.

      (e) Timeliness. All payments hereunder shall be made to WCW`s Agent at the
address set forth in the Underlying Agreement within the time and in the manner
specified herein, it being intended and agreed that the time within which
Licensee is required to make payment in accordance with the terms hereof is of
the essence of this Agreement and any failure so to do on the part of Licensee
shall constitute an event of default hereunder in accordance with Paragraph A-13
below. In addition to any other rights WCW may have in the event of such a
default, Licensee agrees to pay interest to WCW on any sums which have not been
received by WCW`s Agent within thirty (30) days following the due date. Such
interest shall accrue from said date and shall be payable at the rate of two
percent (2%) over the prime rate as published in the Wall Street Journal on the
date the payment is due or the maximum rate allowed by law.

A-3   BOOKS AND RECORDS

      Licensee shall keep accurate books of account and records in a form
meeting the generally accepted standards of the profession of certified public
accountants covering all transactions relating to the license hereby granted,

<PAGE>
and WCW and its authorized representatives shall have the right at all
reasonable business hours, and upon reasonable notice, to examine and audit said
books of account and records and all other documents and materials in the
possession or under the control of Licensee with respect to the subject matter
and terms of this Agreement, and shall have free and full access thereto for
said purposes and for the purpose of taking extracts therefrom. Upon demand of
WCW, but not more than twice per calendar year. Licensee shall at its own
expense furnish to WCW a detailed statement prepared by an independent certified
public accountant, or certified to be accurate by a duly authorized official of
Licensee, showing the product and style number, description, Net Sales, itemized
deductions from Net Sales and Royalty Base Price of the Authorized Articles
distributed and/or sold by Licensee to the date of WCW's demand. If an audit
reveals that Licensee has misrepresented or underreported any item bearing upon
the royalties or other compensation due or payable to WCW, then, in addition to
recomputing and making immediate payment of the sums due based on the true items
together with interest thereon at the rate at which WCW is entitled to borrow
from its principal lending institution (after giving effect to compensating
balance requirements and any commitment fees), Licensee shall pay costs and
expenses incurred by WCW for the audit and checking and attorney's fees incurred
by WCW in connection therewith or in connection with enforcing the collection
thereof if the difference between the actual sums due hereunder is in excess of
three percent (3%) of the sums previously paid. All books of account and records
shall be kept available for at least three (3) years after the termination of
this license in Licensee's principle place of business.

A-4 EXCLUSIVITY

      (a)(i) If, and only if, the Underlying Agreement specifies that Licensee's
license hereunder is exclusive, WCW shall not, except as otherwise provided
herein, grant any other licenses effective during the License Period for the use
of the Licensed Elements in connection with the manufacture, distribution and
sale, in the Licensed Territory, of the Authorized Articles as expressly
described in the Underlying Agreement. Notwithstanding the foregoing, nothing
in this Agreement shall be construed to prevent WCW from granting any licenses
for the use of the Licensed Elements other than as provided herein, or from
utilizing the Licensed Elements in any manner whatsoever other than as provided
herein, regardless of the extent to which such use or utilization may be
competitive with the license granted hereunder.

      (ii) Licensee shall not during the License Period enter into or renew any
license agreements for the manufacture, distribution and/or sale of any of the
Authorized Articles and or manufacture, distribute or sell any of the Authorized
Articles for or in conjunction with or containing the elements of any other
professional wrestlers or professional wrestling organizations, and will not in
any event during the License Period directly or indirectly manufacture,
distribute or sell any Authorized Articles for or in conjunction with the World
Wrestling Federation (WWF).

      (iii) If the Underlying Agreement specifies that Licensee's license
hereunder is non-exclusive, then WCW shall be free to utilize, or to grant any
licenses to third parties to utilize, the Licensed Elements in any manner for
any purposes whatsoever.

      (b) In all cases, WCW expressly reserves all rights whatsoever relating to
the promotion, sale and other exploitation of Authorized Articles at (i) the MGM
Grand Hotel/Casino complex in Las Vegas, Nevada, and (ii) concert halls, arena
shows, circuses, stadiums, theaters, theme parks and all other public
performance venues at which television programs or motion pictures containing
elements included in the Licensed Elements or derivative works (e.g.. concerts,
musicals and other stage plays, motion picture sequels, audio-visual
performances, etc.) based thereon are exhibited or performed, and (iii) retail
outlets or any other facilities owned, operated or controlled by WCW (or its
parent, subsidiaries or affiliates), and (iv) catalogs or similar direct mail
sales publications featuring WCW products published by WCW (or its parent,
subsidiaries, or affiliates). The foregoing venues, retail outlets, other
facilities, and catalogs are collectively referred to herein as "WCW Venues".
Licensee acknowledges that WCW Venues are expressly excluded from the Licensed
Territory and that Licensee has not been granted any rights with respect to the
exploitation of Authorized Articles at WCW Venues, it being understood that WCW
may itself exercise such rights or grant others licenses for the manufacture and
distribution of Authorized Articles for sale or other exploitation at WCW
Venues.

      (c) WCW reserves the right to permit distribution of stock on hand or in
process as of termination or expiration of prior licenses, even if the exercise
of said rights may conflict with those rights granted Licensee hereunder.

A-5 QUALITY OF MERCHANDISE

      (a) The Authorized Articles shall be of high standard and of such style,
appearance and quality as to be adequate and suited to their exploitation to
the best advantage and to the protection and enhancement of the Licensed
Elements and the good will pertaining thereto. The Authorized Articles shall be
manufactured, sold, distributed, promoted and advertised in accordance with all
applicable governmental, regulatory, professional and industry-wide codes,
statutes, rules and regulations.

      (b) Licensee shall submit to WCW and WCW shall have absolute approval of
the Authorized Articles, and the cartons, containers, and advertising,
promotional, packaging and wrapping materials bearing any Licensed Elements
("Collateral Materials") at all stages of the development and application
thereof. Licensee may not manufacture, use, sell, advertise, promote, or
distribute any Authorized Articles or Collateral Materials until and unless
Licensee has received WCW's prior written approval. Any and all items submitted
by Licensee to WCW pursuant to this Paragraph A-5 shall be at Licensee`s expense
and shall clearly indicate the contract number associated with each
such submission. After each Authorized Article or Collateral Material has
been finally approved pursuant to this Paragraph, Licensee shall not depart
therefrom in any material respect without first submitting to WCW a prototype,
layout or sample of the modified article or material and obtaining WCW`s prior
written consent to such modification. Any such approval by WCW shall not
constitute waiver of WCW`s rights or Licensee`s duties under any provision of
this Agreement.

      (c) Any item submitted to WCW shall not be deemed approved unless and
until WCW has approved it in writing.

      (d) At the time of first distribution of each Authorized Article, Licensee
shall submit to WCW twelve (12) samples of each such item to WCW and a royalty
shall not be payable on such samples. Upon WCW's annual written request
thereafter, Licensee shall furnish without cost to WCW twelve (12) additional
random samples of each Authorized Article being distributed by Licensee
hereunder, together with any cartons, containers and packing and wrapping
material used in connection with such distribution for quality control by WCW.
It being agreed that WCW shall have the right, if quality problems are
encountered as a result of the examination of samples, to take such additional
samples as frequently as WCW in its sole discretion deems desirable in an effort
to assure that proper quality control has been established. Moreover, WCW shall
have the right to have its representatives visit the plant or plants where the
Authorized Articles are produced and where the Collateral Materials and the like
are printed or produced in order to determine whether or not proper quality
controls are being exercised.

      (e) In the event Licensee is not the manufacturer of the Authorized
Articles, Licensee shall, subject to WCW's prior written consent, be entitled to
engage a third party manufacturer to make and produce the Authorized Articles
exclusively for Licensee, provided that Licensee will obtain from such
manufacturer and deliver to WCW a duly executed letter in the form contained in
Exhibit "C" hereto. The use by Licensee of any such manufacturer shall not
affect Licensee's obligations hereunder and Licensee shall be responsible for
ensuring that such manufacturer complies with the provisions of this Agreement.

<PAGE>
A-6 LABELING

      (a) As a condition to WCW's authorization of the public distribution of
items bearing reproductions of the Licensed Elements, including, without
limitation, Authorized Articles sold under this license and advertising,
promotional and display material therefor, all such items shall bear copyright
and trademark notices as set forth in Paragraph 11 of the Underlying Agreement
as well as any other legal notices which WCW may from time to time reasonably
direct.

      (b) In the event that any Authorized Article is marketed in a carton,
container and/or packing or wrapping material employing the Licensed Elements,
such notice shall also appear upon the said carton, container and or packing or
wrapping material. Each and every tag, label, imprint or other device containing
any such notice and all advertising, promotional or display material bearing the
Licensed Elements shall be submitted by Licensee to WCW for its written approval
prior to use by Licensee in accordance with Paragraph A-5 above. Any such
approval by WCW shall not constitute waiver of WCW's rights or Licensee's duties
under any provision of this Agreement.

A-7 TECHNICAL AND PROMOTIONAL MATERIAL

      WCW reserves the right to require Licensee to pay for film footage or
other technical materials which Licensee may requests for which WCW from time
to time might charge. All technical materials involving the Licensed Elements or
any reproduction thereof, notwithstanding their invention, creation or use by
Licensee, shall be and remain the property of WCW, and WCW shall be entitled to
use same and to license the use of same by others provided such use does not
conflict with the terms of this Agreement. "Technical materials" shall mean all
artwork and designs, pictures. separations, textual material, screens, films,
proofs and any and all materials used in the creation, production and/or
reproduction of the Authorized Articles.

A-8 DISTRIBUTION

      (a) Commencing not later than the Marketing Date specified in the
Underlying Agreement, and thereafter during the License Period (including any
extensions thereof), Licensee shall diligently and continuously manufacture,
sell, distribute and promote Authorized Articles in interstate commerce
throughout the Licensed Territory and Licensee shall make and maintain adequate
arrangements for the distribution of the Authorized Articles. Licensee's failure
(except as otherwise provided herein) to commence in good faith to manufacture

<PAGE>
and distribute in substantial commercial quantities any of the Authorized
Articles on or before the Marketing Date and to continue during the License
Period diligently and continuously to manufacture, sell, distribute and promote
each such Authorized Article throughout the Licensed Territory will result in
immediate damage to WCW. In such a case, in addition to all other remedies
available to it hereunder, WCW may remove from this Agreement any Licensed
Elements listed in the Underlying Agreement or any article or class or category
of articles included within the definition of Authorized Articles which is not
so diligently and continuously used by Licensee for a period of three (3)
consecutive months, by giving thirty (30) days' written notice to Licensee.

      (b) Unless expressly provided herein otherwise, Licensee shall not,
without the express prior written consent of WCW, permit the distribution or
other marketing of any Authorized Articles on an F.O.B. or L.C. basis (as those
terms are commonly understood in the international merchandising business). All
Authorized Articles distributed or marketed (as subject to WCW's prior written
approval) on an F.O.B. or L.C. basis will be subject to a Royalty Rate in the
amount of one and one-half (1 1/2%) percent over the Royalty Rate indicated in
the Underlying Agreement.

      (c) Licensee shall sell to WCW such quantities of the Authorized Articles
as WCW shall request at as low rate and on as favorable terms as Licensee sells
similar quantities of the Authorized Articles to the general trade.

A-9 GOODWILL AND PUBLICITY

      (a) Licensee acknowledges that particular and substantial good will values
are associated with the Licensed Elements and that said Licensed Elements and
names and all rights therein and good will pertaining thereto belong exclusively
to WCW. Licensee further acknowledges that said Licensed Elements and names have
secondary meanings in the mind of the public and that the value thereof cannot
readily be fixed in amounts or sums of money. Licensee shall not by act
or omission jeopardize such good will, and any good will developed hereunder
shall accrue to the benefit of WCW. Licensee acknowledges the necessity of
protecting WCW`s name, copyrights and trademarks generally and specifically to
conserve the good will and good name of WCW and the Licensed Elements, and the
right of WCW to supervise or intervene in the activities of Licensee in
connection therewith.

      (b) WCW shall have the right, but shall not be under any obligation, to
use the Licensed Elements and/or the name of Licensee so as to give the

<PAGE>
Licensed Elements, Licensee, WCW and/or WCW's television programs and/or motion
pictures full and favorable prominence and publicity. WCW shall not be under any
obligation whatsoever to broadcast or exhibit, or to continue broadcasting or
exhibiting, any television program or motion picture or use the Licensed
Elements or any person, character, symbol, design or likeness or visual
representation thereof in any medium, nor shall WCW be restricted in any way
whatsoever from producing and distributing derivative works which contain or
are derived from the Licensed Elements or any element or component part thereof.

A-10 WARRANTIES AND REPRESENTATIONS

      (a) By WCW. WCW has the right and power to enter into and perform this
Agreement, and has taken all steps necessary and appropriate to authorize the
execution and performance hereof. WCW owns or controls all rights necessary to
grant Licensee the rights granted to it hereunder.

      (b) By Licensee. Licensee has the right and power to enter into and
perform this Agreement, and has taken all steps necessary and appropriate to
authorize the execution and performance hereof. Licensee will not act in any
manner that is inconsistent with the provisions hereof.

A-11 INDEMNIFICATION AND INSURANCE

      Subject to the full performance by Licensee of all of its obligations
hereunder, WCW hereby indemnifies Licensee and undertakes to defend Licensee
against and hold Licensee harmless from all claims, suits, liabilities, losses,
damages, penalties, costs and expenses (including reasonable attorneys fees,
which may be suffered by or obtained against Licensee arising solely out of the
use by Licensee of the Licensed Elements in strict accordance with this
Agreement. Licensee hereby indemnifies WCW and undertakes to defend WCW against
and hold WCW harmless from any and all claims, suits, liabilities, losses,
damages, penalties, costs and expenses (including reasonable attorneys fees,
which may include, without limitation, an allocation for in-house counsel) of
any nature which may be suffered by or obtained against WCW arising from (i) any
allegedly unauthorized use of any patent, design, mark, process, idea, method or
device by Licensee (none of the same being included in the Licensed Elements) in
connection with the Authorized Articles or any other alleged action or omission
by Licensee constituting a breach by Licensee of any term or provision of, or
representation, warranty, covenant or agreement made by Licensee under, this
Agreement, and (ii) alleged defects in the Authorized Articles, any alleged
inadequacy or failure to perform any agreement or render any service, or
personal damages or injury resulting from the use of the Authorized Articles.
Licensee shall obtain, at its own expense, a comprehensive general liability
insurance policy for the entire License Period (including any extensions
thereof) including coverage for contractual liability (applying to the terms

<PAGE>

and conditions of this Agreement), product liability, personal injury liability
and advertiser's liability, and including a vendor's liability endorsement in
favor of WCW. Said policy shall be written by a recognized insurance company
which has qualified to do business in the State of California, the State of New
York and the State of Georgia, or which has an A. M. Best Company rating of "B"
or better in the latest edition of Best's Insurance Guide and Key Ratings, and
shall provide for minimum combined single limit of liability coverage of not
less than $1,000,000 for each occurrence. As proof of such insurance, fully
paid certificates of insurance naming WCW as an insured party, will be
submitted by Licensee for WCW's prior approval before any Authorized Articles
are distributed, advertised or sold, and at the latest within thirty (30) days
after the commencement of the License Period: World Championship Wrestling,
Inc., One CNN Center, Box 105366, Atlanta, GA 303485-5366, Attn: Director of
Risk Management. Any proposed change in such certificates of insurance shall be
submitted to WCW for its prior approval, and Licensee shall furnish WCW with a
copy of the then prevailing certificate of insurance. For purposes of Licensee's
indemnity and insurance policy coverage under this Paragraph, WCW shall also
include the officers, directors, shareholders, agents and employees of WCW and
its Related Entities, as well as any person(s) the use of whose name or likeness
may be licensed hereunder.

A-12 PROTECTION OF WCW'S RIGHTS

      (a) Licensee acknowledges that WCW owns or controls the copyrighted works
which underlie this license and Licensee shall not during the term hereof or
thereafter attack the rights of WCW in the Licensed Elements or any trademarks
based thereon, regardless of the basis of such attack and regardless of whether
the same relates to title or validity. Licensee shall at no time use or
authorize the use of any trademark, trade name or other designation identical
with or confusingly or colorably similar to the Licensed Elements.

      (b) Licensee shall cooperate fully and in good faith with WCW for the
purpose of securing and preserving rights of WCW (or any grantor of WCW) in
and to the Licensed Elements. WCW may commence or prosecute any claims or suits
in its own name or in the name of Licensee or join Licensee as a party thereto.
Licensee shall immediately notify WCW in writing of any infringements or
imitations by others of the Licensed Elements on articles similar to those
covered by this Agreement, and WCW shall have the sole right to determine
whether or not any action shall be taken on account of any such infringements
or imitations. Licensee shall not institute any suit or take any actions on
account of any such infringements or imitations without first obtaining the
written consent of WCW so to do.

      (c) Licensee shall utilize all necessary and adequate security measures to
prevent the loss, theft, destruction or unauthorized exploitation of the

<PAGE>

technical materials and/or Licensed Elements delivered to Licensee, and Licensee
shall immediately report to WCW any such loss, theft, destruction or
unauthorized exploitation upon its gaining knowledge thereof. Upon the
expiration of the License Period (or earlier termination of this Agreement)
Licensee shall, at WCW's election, either erase or destroy all technical and
advertising materials relating to the authorized articles and provide WCW with
satisfactory proof of such erasure or destruction, or deliver such material to
WCW via such method as WCW specifies, on a charges collect basis.

(d) Licensee will be deemed to have simultaneously assigned, transferred and
conveyed to WCW any trade rights, trade mark, service mark or copyright,
equities, good will, titles or other rights in and to the Licensed Elements,
included any copyright in an Article derived from the Licensed Elements, which
may have be obtained or created by Licensee during the term hereof pursuant to
any endeavors covered hereby. Any such assignment, transfer or conveyance shall
be made without other consideration than the mutual covenant and consideration
of this Agreement. If any materials bearing the Licensed Elements (or any
element or component part thereof) utilized by Licensee hereunder on or in
connection with the Authorized Articles were not created or owned by WCW, it is
an essential condition of this Agreement that Licensee shall do all that is
necessary to ensure that such materials achieve copyright protection and that
valid title to such copyright is, at the earliest possible moment, transferred
to WCW. To this end, Licensee shall, among other things, enter into a contract
with anyone not directly in its employ who creates such materials bearing the
Licensed Elements, or any element or component part thereof, which states that
such materials are created as works made for hire, as such term is defined in
the U.S. Copyright Act, 17 U.S.C. ss. 101 et seq. or otherwise contractually
bind such person to execute all such documents as may be necessary to transfer
valid title in the copyright in such materials to WCW and shall arrange for the
execution of such documents and their transmittal to WCW at the earliest
possible moment.

      (e) No later than thirty (30) days following the date of the first
interstate shipment by Licensee of each Authorized Article, Licensee shall
provide WCW, free of cost, with sufficient evidence of the date of first
shipment of the Authorized Article in interstate commerce and a description of
the use of the Licensed Elements in relation to the Authorized Article along
with identical samples of each such Authorized Article including packaging. Such
evidence and sample shall be sent to WCW at its address at World Championship
Wrestling. Inc., c/o Legal Department - Domestic Trademarks, One CNN Center,
Atlanta, Georgia 30303.

      (f) Licensee shall fully cooperate with WCW in undertaking the
registration of any copyright, trademark, service mark or other intellectual
property registration or filing with respect to the Licensed Elements and/or
Authorized Articles as requested by WCW in writing, and all such registrations
shall be in WCW's name (or such other name as WCW designates). Such registration

<PAGE>
shall be handled by attorneys selected or approved by WCW. In the event of any
registration relating to the Licensed Elements by Licensee in its own name or
that of any third party, such registration shall be (i) deemed to be for WCW's
benefit and (ii) held in trust for WCW by Licensee, and (iii) Licensee shall
bear all costs, expenses, damages and loss occasioned by such unauthorized
registration and/or WCW's correction of same.

      (g) Licensee shall execute and deliver to WCW, in such form as WCW shall
reasonably request, any and all documents which may be necessary or desirable to
assist WCW in recording Licensee as a registered user of the Licensed Elements
(as trademark and/or servicemark) in the Licensed Territory, if appropriate.
Upon or after the expiration or termination of this Agreement. Licensee shall
execute and deliver to WCW, in such form as WCW shall reasonably request, any
and all documents which may be necessary or desirable to cancel the recordation
of Licensee as a registered user of the Licensed Elements in the Licensed
Territory provided, however, that if WCW elects first to complete the
recordation of Licensee as a registered user, Licensee shall also provide any
and all documents which may be necessary or desirable to achieve this purpose.

      (h) Licensee shall not commingle on Authorized Articles manufactured
hereunder (or in the advertising and promotion thereof) names, characters and/or
likenesses from any individual motion picture or other television program which
are included in the Licensed Elements with those associated with any other
motion picture or television program (whether or not containing elements
included in the Licensed Elements) without WCW's prior written consent.

      (i) WCW may, in its absolute discretion, withdraw any element of the
Licensed Elements, or any component part thereof, from the terms of this
Agreement if WCW determines that the exploitation thereof hereunder would or
might violate or infringe or reasonably tend to violate or infringe the
copyright, trademark or other rights of third parties, or subject WCW to any
liability, or violate any law, court order, government regulation or other
ruling of any governmental agency, or if, on account of the expiration or
sooner termination of an agreement between WCW and a third party from whom WCW
has obtained certain underlying rights relating to the exploitation of the
Licensed Elements hereunder or otherwise, WCW shall no longer have the right to
act in the capacity herein contemplated on behalf of any third party or parties,
or if WCW determines that it cannot adequately protect its rights in the
Licensed Elements under the copyright, trademark or other laws of the Licensed
Territory; provided, however, that in the event of any such withdrawal, WCW
shall reimburse Licensee its actual, out-of-pocket cost of any Authorized
Articles (bearing such withdrawn Licensed Element) which were produced, but not
sold, prior to Licensee's receipt of notice of such withdrawal. Any such
withdrawal shall not constitute grounds for termination of this Agreement unless
all elements and component parts of the Licensed Elements are simultaneously
withdrawn by WCW.

<PAGE>
A-13 DEFAULT
     -------

      The following shall be events of default hereunder: if Licensee (i)
becomes the subject of any bankruptcy proceeding, becomes insolvent, makes an
assignment for the benefit of its creditors, or a receiver, liquidator or
trustee is appointed for its affairs, (ii) breaches any other agreement with
WCW, (iii) fails to make payment of royalties, Guarantee(s) and or any other
sums payable to WCW pursuant to this Agreement when due or fails to perform any
of its other material obligations hereunder or otherwise breaches any
representation, warranty, covenant or agreement referred to or contained in this
Agreement, and does not fully cure such failure or breach within ten (10)
business days after receipt of written notice thereof from WCW, in the case of
failure to make payments, or within fifteen (15) business days in the case of
other failure or breach, (iv) discontinues its business or loses any license or
authorization required to permit Licensee to perform fully its obligations
hereunder pursuant to an action of any duly constituted governmental, judicial
or legislative authority. Upon any default, WCW may, in addition and without
prejudice to any other rights it may have, terminate this Agreement, in which
event the entire unpaid balance of all royalties and Guarantees accrued to WCW's
account hereunder shall immediately become due and payable. In the event this
Agreement is so terminated, Licensee, its receivers, representatives, trustees,
agents, administrators, successors, and or assigns shall not have the right to
sell, exploit or in any way deal with or in any Authorized Articles or any
carton, container, packing or wrapping material, advertising, promotional or
display materials pertaining thereto, except with and under the special consent
and instructions of WCW in writing, which they shall be obligated to follow.

A-14 FORCE MAJEURE
     -------------

      This license shall terminate in the event that any act of God, fire,
flood, public disaster, or any action, rule, regulation, requirement or order of
any governmental authority or any other cause or reason beyond the control of
the parties renders performance impossible and one party so informs the other in
writing of such causes and its desire to be so released. In such event, all
royalties on sales theretofore made shell become immediately due and payable and
neither the Guarantee nor portion thereof shall be repayable.

A-15 EFFECT OF TERMINATION OR EXPIRATION
     -----------------------------------

Upon and after the expiration or sooner termination of this license, (a) all
rights licensed to Licensee hereunder shall forthwith revert to WCW, (b) if the

<PAGE>
Underlying Agreement specifies that the license granted hereunder is an
exclusive license, WCW shall be free to license others to use the Licensed
Elements in connection with the manufacture, sale, distribution and promotion of
the Authorized Articles in the Licensed Territory (it being acknowledged that
WCW has the full and complete right so to do during the License Period if the
license granted hereunder is a non-exclusive license), and (c) Licensee shall
refrain from further use of the Licensed Elements or any further reference,
direct or indirect, thereto or to anything deemed by WCW to be similar to the
Licensed Elements, in connection with the manufacture, sale, distribution or
promotion of Licensee's products, except as permitted in Paragraph A-17 below.
It shall not be a violation of any right of Licensee if WCW should at any time
during the License Period enter into negotiations with another to license use of
the Licensed Elements in respect of the Authorized Articles within the Licensed
Territory provided that, in the event that the license granted to Licensee
hereunder is an exclusive license, it is contemplated that such prospective
license shall commence after termination of this Agreement. In the event of any
termination hereunder, no monies or other consideration which WCW may receive in
respect of any licenses of the Licensed Elements within or outside the Licensed
Territory shall be deemed in mitigation of, or be otherwise offset, credited or
applied against, any sums payable to WCW pursuant to this Agreement.

A-16 FINAL STATEMENT
     ---------------

Ninety (90) days before the expiration of the License Period, and, in the event
of its sooner termination, ten (10) business days after receipt of notice of
termination, a statement showing the number and description of Authorized
Articles which are or will be fully manufactured, packaged and ready for
distribution as of the expiration or termination of the Agreement shall be
furnished by Licensee to WCW. WCW shall have the right to take a physical
inventory to ascertain or verify such inventory and statement. Refusal by
Licensee to submit to such physical inventory by WCW and/or failure by Licensee
to render the final statement as and when required by this provision, shall
result in a forfeiture by Licensee of Licensee's right to dispose of its
inventory (as provided by the next paragraph hereof), WCW retaining all other
legal and equitable rights WCW may have in the circumstances.

A-17 DISPOSAL OF INVENTORY
     ---------------------

(a) Licensee shall not at any time manufacture Authorized Articles in excess of
those reasonably anticipated to meet normal customer requirements. Provided that
Licensee is in compliance with the foregoing, after termination or expiration of
the license under the provisions hereof, Licensee, except as otherwise provided
in this Agreement, may distribute and sell Authorized Articles which are fully

<PAGE>

manufactured, packaged and ready for immediate distribution at the time notice
of termination is received or upon the expiration date, whatever the case may
be, during the sell off period indicated in the Underlying Agreement, on a non
exclusive basis, provided Guarantee and royalty payments are up-to-date for the
current period and payments and statements are made and furnished for that
period in accordance with Paragraph A-2 above. As of the commencement of such
sell-off period, Licensee may no longer manufacture or promote any Authorized
Articles. Licensee shall not be authorized to sell and distribute such excess
inventory to the extent that it exceeds ten percent (10%) of the total number of
Authorized Articles sold during the License Period, without WCW's prior written
consent. Upon the conclusion of the sell-off period, Licensee shall cease all
sale and distribution of Authorized Articles, and any Authorized Articles which
have not been sold as of the expiration of the sell-off period shall, at WCW's
election, be delivered to WCW or destroyed. Notwithstanding anything to the
contrary herein, Licensee shall not manufacture, sell or dispose of any
Authorized Articles after any expiration or termination of this license based
on the failure of Licensee to affix notice of copyright, trademark or
servicemark registration or any other notice to the Authorized Articles,
cartons, containers or packing or wrapping material or advertising,
promotional or display material or because of the departure by Licensee from the
quality and style approved by WCW pursuant to Paragraph A-5 above. All
applicable royalties shall be paid on Authorized Articles sold during the
sell-off period within fifteen (15) days following the expiration of said
sell-off period.

(b) Licensee acknowledges that its failure to cease the manufacture, sale,
distribution or promotion of the Authorized Articles or any class or category
thereof after the termination or expiration of this Agreement (or any applicable
sell-off period) will result in immediate and irremediable damage to WCW and to
the rights of any subsequent licensee. Licensee acknowledges and admits that
there is no adequate remedy at law for such failure to cease manufacture, sale,
distribution or promotion, and Licensee agrees that in the event of such
failure, WCW shall be entitled to equitable relief by way of temporary and
permanent injunctions and such other and further relief as any court with
jurisdiction may deem just and proper, other provisions to the contrary
elsewhere herein notwithstanding.

A-18 ASSIGNMENT
     ----------

WCW reserves the right to assign this Agreement to any third party and to
hypothecate or pledge this Agreement as collateral for any purpose. In the event
of any such assignment, Licensee shall pay the royalties and Guarantees due
hereunder as directed by WCW. This Agreement shall be binding upon and shall
inure to the benefit of the successors and assigns of WCW. The license herein
granted is personal to Licensee and this Agreement may not be assigned,

<PAGE>
transferred, sublicensed, pledged, mortgaged or otherwise encumbered, in whole
or in part, by Licensee either voluntarily or by operation of law or as part of
a merger, consolidation or otherwise without WCW's prior written consent, which
shall not be unreasonably withheld.

A-19 NOTICES
     -------

      All notices, statements, accountings and other documents required to be
given or delivered hereunder shall be given in writing either by personal
delivery (including Federal Express & Airborne Express), by certified mail which
delivery is evidenced by a signed receipt, or by facsimile transmission unless
otherwise specified. Licensee`s and WCW`s respective addresses for notice
purposes shall be as set forth in the Underlying Agreement unless either party
notifies the other as provided herein that notices to such party should be sent
to a different address. All such notices shall be sufficiently given when the
same shall be deposited, so addressed, postage prepaid in the mail, or when the
same shall have been sent by facsimile transmission or personally delivered to
the recipient. The date of said facsimile transmission or personal delivery, or
the date which is three (3) business days following the date of said mailing,
shall be deemed to be the date of the giving of such notice, except statements
and payments to WCW hereunder and notice of change of address, which shall be
deemed effective only upon actual receipt thereof.

A-20 FURTHER DOCUMENTS
     -----------------

      Licensee shall execute, verify, acknowledge, deliver and file any formal
assignments, recordations and any and all other documents which WCW may prepare
and reasonably call for to give effect to any of the provisions of this
Agreement. If Licensee fails so to do within ten (10) days after WCW requests
such execution, verification. acknowledgment, delivery or filing, Licensee
hereby irrevocably appoints WCW its attorney-in-fact (which appointment shall be
deemed a power coupled with an interest), with full powers of substitution and
delegation, to execute, verify, acknowledge and deliver any such assignments,
recordations and/or such other documents.

A-21 MISCELLANEOUS PROVISIONS
     ------------------------

      In the event any provision of this Agreement shall be found to be contrary
to any law or regulation of any federal, state or municipal administrative
agency or body, the other provisions of this Agreement shall not be affected
thereby but shall notwithstanding continue in full force and effect. If any
legal action or other proceeding is brought for the enforcement of this
Agreement or as a result of a breach, default or misrepresentation in connection
with any of the provisions of this Agreement, the successful or prevailing party

<PAGE>
shall be entitled to recover reasonable attorneys' fees and other costs incurred
in such action or proceeding, in addition to any other relief to which such
party may be entitled. No waiver by either party hereto of any breach or default
by the other party shall be construed to be a waiver of any other breach or
default by such other party. Resort to any remedies referred to herein shall not
be construed as a waiver of any other rights and remedies to which either party
is entitled under this Agreement or otherwise, nor shall an election to
terminate be deemed an election of remedies or a waiver of any claim for damages
or otherwise. This Agreement may not be altered or modified except in writing
signed by the party to be charged with such alteration or modification. This
Agreement constitutes the entire understanding between the parties with respect
to the subject matter hereof and all prior understandings, whether oral or
written, have been merged herein. Irrespective of the place of execution or
performance, this Agreement shall be governed, construed and enforced in
accordance with the laws of the State of Georgia applicable to agreements
entered into and to be wholly performed therein, and Licensee hereby consents to
the exclusive jurisdiction of the courts of the State of Georgia and United
States courts located in the State of Georgia in connection with any suit,
action or proceeding brought by Licensee arising out of or related in any manner
to this Agreement. Licensee agrees that the service of process by mail shall be
effective service of same and that such service shall have the same effect as
personal service within the State of Georgia and result in jurisdiction over
Licensee in the appropriate forum in the State of Georgia. Nothing herein
contained shall constitute a partnership between, or joint venture by, the
parties hereto or constitute either party the employee or agent of the other,
and Licensee shall have no right or power to obligate or bind WCW in any manner
whatsoever. This Agreement is not for the benefit of any third party and shall
not be deemed to give any right or remedy to any third party whether referred to
herein or not. Paragraph headings as used in this Agreement are for convenience
only and are not a part hereof, and shall not be used in any manner to interpret
or otherwise modify any provision of this Agreement. As used herein, the word
"person" means any individual, firm, partnership, association, corporation or
other entity.

                      END OF STANDARD TERMS AND CONDITIONS

                                   EXHIBIT "C"

Attn: Licensing Manager
World Championship Wrestling. Inc.
One CNN Center, Box 105366
Atlanta, GA 30348

Re: Trimfast Group, Inc.

<PAGE>
Dear Sirs,

This letter will serve as notice to you that pursuant to Paragraph A-5(a) of the
Merchandising Licensee Agreement (the "Agreement") dated May 6, 1999 between
World Championship Wrestling, Inc. ("WCW") and the Licensee (as defined
therein), we have been engaged as the manufacturer for the manufacture of the
Articles as defined in the Agreement. We hereby acknowledge that we have
received and read copy of Exhibit "A" to that License Agreement containing the
Standard Terms and Conditions and understand the terms and conditions set forth
in the said Agreement and hereby agree to be bound by those provisions of the
said Agreement which are applicable to us as manufactures of the Articles,
including but not limited to your right, pursuant to Paragraphs A-3 and A-5 of
the Agreement, to examine our books of account and records and manufacturing
facility with respect to the manufacture of the Articles.

We further agree that we will abide by all relevant instructions from WCW and/or
Licensee with respect to the inclusion of markings and notices on the Authorized
Articles and the packaging and wrapping materials or cartons or containers
therefor.

We understand that our engagement as the manufacture for the Authorized Articles
is subject to your written approval. We request, therefore, that you sign the
space below, thereby showing your acceptance of our engagement as aforesaid.

For and on behalf of:

/s/ Michael Muzio
- -------------------

Agreed and accepted

/s/ Casey Collins
- -------------------
World Championship Wrestling, Inc.

<PAGE>

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