Document:

EXHIBIT 10.15
                    LEASE AGREEMENT WITH HARWOOD CORPORATION
     FOR SPACE AT 543 GRANVILLE STREET, VANCOUVER, BRITISH COLUMBIA, CANADA

S LEASE is dated the__24TH___day of FEBRUARY, 2000

BETWEEN:

                               Harwood Corporation

                                (the "Landlord")

                                      -and-

                               Cathay Online inc.

                                 (the "Tenant")

Section 1: Grant and Premises

In consideration of the performance by the Tenant of its obligations  under this
Lease,  the Landlord leases to the Tenant the MUTUALLY AGREED UPON RENTABLE AREA
(THE `PREMISES") COMPRISING 4,155 square feet, situated on the 11th floor of the
Bower  Building (the  "Building")  located at 543 Granvilie  Street,  Vancouver,
British  Columbia on lands and premises  which are legally  DESCRIBED AS: LOT 2,
BLOCK 32, DL 541 (THE  "LANDS")  FOR the Term.  tJseable  area  comprises  4,155
square  feet,  shown  outlined in red on the plan  attached as Schedule  "A" The
parties hereto mutuaiJy agree that the above figures are the correct figures and
will be used in all calculations under this Lease.

Section 2~ Term

THE TERM OF THIS LEASE (THE  "TERM'1) IS 5 (Eve) years  commencing  from the 1st
day of March, 2000 (the  `Commencement  Date") and continuing to the last day of
April, 2005.

Section 3: Rent

(A) THE RENT FOR, THE PREMISES  SHALL BE $16.50 PER SQUARE FOOT. THE ANNUAL RENT
DURING  THIS  TIME  SHALL BE  $68,557.50  payable  in  monthly  installments  of
$5,713.12.  The Tenant shall pay rent (the "Rent")  throughout  the Term, to the
Landlord, at the office of the Landlord or at such other place designated by the
Landlord,  in lawful  money of Canada,  without  prior  demand and  without  any
deduction,  abatement,  setoff  or  compensation.  Rent will be  payable  to the
Landlord in equal  monthly  installments,  each in advance,  on the first day of
each calendar nzonth of the Term commencing on the Commencement Date.

(b) The Tenant shall also pay to the Landlord the Tenant's  proportionate  share
of Operating Costs  (outlined in Schedule "B") and the estimated  property taxes
for the Premises in equal monthly installments. Thie rate is currently estimated
at $12.25 per square foot (Operating  Costs and Property Taxes  combined).  Such
payment  shall be included with the Rent payment set out in Section 3(a). In the
event that the actual taxes exceed the  estimated  amount,  the Tenant shall pay
such  deficiency  on  demand.  In the event the  actual  taxes are less than the
estimated amount paid by the Tenant, the Landlord shall refund to the Tenant the
amount paid in excess of the actual taxes.

(c) The Tenant  shall also pay to the  Landlord  or. to the  appropriate  taxing
authority  if required by the  Landlord,  all goods and  services  taxes,  sales
taxes, value added taxes, business transfbr taxes, or any other taxes imposed on
the  Landlord  with  respect to Rent or in respect of the rental of space  under
this Lease, whether  characterized as a goods and services tax, sales tax, value
added tax, business transfer tax or otherwise.  The Landlord shall have the same
remedies  and rights with respect to the payment or recovery of such taxes as it
has for the payment or recovery of Rent under this Lease.

(d) A deposit cheque for $39,818.72 payable to the Harwood Corporation, has been
received, and one quarter shall be credited to the Tenant for its payment of the
first Rent due,  plus  Goods and  Services  Tax.  The  balance  shall be held as
security and credited towards the last three (3) months Rent due in the Term. In
the event of default  under the terms hereof,  the Landlord may  terminate  this
agreement and retain the deposit in full satisfaction of any remedies  available
to the Landlord.  The deposit  shall be held,  in trust,  until the Tenant takes
possession.

<PAGE>

Section 4: Option to Renew

The Tenant  shall have the right to renew the Lease with respect to the Premises
and any additional  space leased for an additional Term of S (five) years on the
same terms and conditions,  save and except for any inducements,  option and the
Rent The Rent during the renewal  period  shall be at a fair market rent for the
space at the time of  renewal,  Such rate shall be  mutually  agreed upon by the
Tenant and Landlord, failing which the rate shall be determined by an arbitrator
mutually agreed to by the Tenant and Landlord. To exercise the rieht, the Tenant
shall give written notice to the Landlord no later than 4 (FOUR) MONTHS PRIOR TO
THE DATE OF EXPIRY OF THE TERM,  OTHERWISE  THIS Option to Renew shall be deemed
waived.

SECTION 5: Use

The  Premises  shall be used for the  purposes of a business  office  only.  The
Tenant shall conduct its business in the Premises IN A REPUTABLE AND FIRST CLASS
MANNER4 The Tenant shall limit the number of  employees  using the Premises to a
reasonable level, The Landlord

SHALL HAVE THE SOLE DISCRETION AS TO THIS LEVEL4

Section 6: Taxes and Utilities

(a) The  Tenant  shall  pay  when due all  business  taxes  attributable  to the
personal property, trade fixtures,  business,  income, occupancy or sales of the
Tenant or any other  occupant of the Premises and to any leasehold  improvements
installed in the Premises and to the use of the Building by the Tenant.

(b) The Landlord shall replace bulbs,  tubes and ballasts in the lighting system
in the Premises.

Section 7: Landlord's Services

(a) The Landlord  shall make available to the Premises.  electricity  for normal
lighting and miscellaneous  power requirements and, in normal quantities,  water
and other public  utilities  generally  made  available to other  tenants of the
Building by the Landlord. Elevators, Building access and washrooms are available
at all times to Tenant, subject to Section 21(b)

(b) The Landlord  may: (1) alter the Building  (ii) do such things on, or in the
Lands as are required to comply with any laws, regulations, orders or directives
affecting  the Lands;  and (iii) do such other  things on or in the Lands as the
Landlord,  in the use of good  business  judgment  determines  to be  advisable;
provided that notwithstanding  anything contained in this Section, access to the
Premises shall at all times be available. The Landlord shall not be in breach of
its  covenant  for quiet  enjoyment  or liable for any loss,  costs or  damages,
whether direct or indirect, incurred by the Tenant due to any of the foregoing.

(c) The Landlord will provide  janitorial and cleaning services  consistent with
the standard of.first class buildings in the City of Vancouver.

Section 8: Receiving, Shipping, Movement of Articles

(a) The Tenant  shall not receive or ship  articles  of any kind except  through
facilities  and  designated  doors and at hours  designated  by the Landlord and
under the supervision of the .Landlord,

(b) Hand  trucks,  cacs-yafls  or similar  appliances  shall only be used in the
Building  with the consent of the  Landlord  and shall be  equipped  with rubber
tires, slide guards and other such safeguards as the Landlord requires.

(c) The Tenant, its agents, servants, contractors,  invitees or employees, shall
not  bring in or take  out,  position,  construct,  install  or move  any  safe,
business  machinery or other heavy  machinery or equipment or anything liable to
injure or destroy any part of the Building  without first  obtaining the consent
in writing of the Landlord.

Section 9; Access and Entry

(a) The Landlord shall be entitled at all reasonable  times,  and at any time in
case of emergency,  to enter the Premises to examine them; to make such repairs,
alterations or  improvements  in the Premises or to the Building as the Landlord
considers  necessary or desirable and for any other purpose  necessary to enable
the Landlord to perform its  obligations or exercise its rights under this Lease
or in the administration of the Building. The Landlord shall exercise its rights
under this Section, to the extent

<PAGE>

possible in the  circumstances,  in such  manner so as to minimize  interference
with the Tenant's use and enjoyment of the Premises.

(b) The  Landlord  and its agents  shall have the right to enter the Premises at
all reasonable  times,  with prior consent not to be unreasonably  withheld,  to
show them to prospective purchasers and, during the last four months of the Term
(or the last four  months of any  renewal  term if this  Lease is  renewed),  to
prospective tenants.

(c) No entry into the  Premises  or anything  clone  hereunder  by the  Landlord
pursuant  to a right  granted by this  Lease  shall  constitute  a breach of any
covenant  for quiet  enjoyment,  or (except  where  expressed by the Landlord in
writing) shall constitute a re-entry or forfeiture, or an actual or constructive
eviction.

Section 10: Maintenance

(a) The Landlord may enter the  Premises at all  reasonable  times to view their
condition  and the Tenant shall at its sole cost  maintain and keep the Premises
in good and substantial repair, reasonable wear and tear excepted,  according to
notice in writing.  At the  expiration or earlier  termination  of the Term, the
Tenant shall  surrender  the Premises to the Landlord in as good  condition  and
repair as the Tenant is required to maintain the Premises throughout the Term,

(b) If the Tenant fails to carry out any  maintenance,  repairs or work required
to be carried out by it under this Lease to the reasonable  satisfaction  of the
Landlord,  the Landlord may at its option carry out such  maintenance or repairs
without any  liability  for any  resulting  damage to the  Tenant's  property or
business.  The  cost  of  such  work,  plus a sum  equal  to 15%  of  such  cost
representing  the  Landlord's  overhead,  shall  be  paid by the  Tenant  to the
Landlord.

Section 11: Landlord's Work

The Landlord  shall,  at its cost,  provide Tenant  Improvements  as detailed in
Schedule C, hereof,

Section 12: Parking

The  Landlord  shall  provide  to the Tenant 4  reserved  parking  stalls in the
Building  at market  rate  (currently  $150.00  per month  plus OST and PST).

Section 13: Time Of The Essence

Time is of the essence in this agreement.

Section 14: Compliance with Laws

The Tenant shall, at its own expense, promptly comply with all laws, by-laws and
government orders and all reasonable  requirements or directives of the Landlord
affecting the Premises or their use, repair or alteration,

Section 15: Lease Provisions

All provisions of this Lease shall survive the  completion of this  transaction.
In the event of any conflict  between the provisions of this Lease and the Offer
to Lease, the provisions of this Lease shall prevail.

Section 16: Tenant Improvements

(a) The Tenant  shall  provide to the  Landlord  drawings  detailing  the Tenant
Improvements set out in Schedule C within Fifteen (15) days of execution of this
lease.  If the Tenant fails to provide this  information the Landlord may at any
time after this period terminate this Lease.

Section 17: Tenant's Alterations

(a) No  repairs  or  alterations  shall  be made  to the  Premises  without  the
Landlord's written approval,  such approval not to be unreasonably withheld. The
Tenant  shall  submit to the Landlord  details of the  proposed  work  including
drawings and specifications  prepared by qualified engineers  conforming to good
engineering practice.  All such alterations shall be performed:  (i) at the sole
cost of the Tenant;  (ii) by contractors  and workmen  approved by the Landlord;
(iii) in a good and workmanlike manner; (iv) in

<PAGE>

accordance  with drawings and  specifications  approved by the Landlord;  (v) in
accordance with all applicable legal and insurance requirements; (vi) subject to
the reasonable regulations, supervision, control and inspection of the Landlord;
(vii)  subject  to such  indemnification  against  liens  and  e~cpenses  as the
Landlord reasonably requires; and (viii) in accordance with all applicable laws,
by-laws and  government  orders.  The Landlord's  reasonable  cost incurred with
respect to the Tenant's repairs and alterations including without limitation the
cost of approving, supervising and inspecting all such work shall be paid by the
Tenant if any alterations are completed after the Commencement Date.

(b) The Tenant shall promptly pay for all materials  supplied and work done with
respect to repairs and  alterations of the Premises so as to ensure that no lien
is registered  against any portion of the Lands.  If a lien is  registered,  the
Tenant shalt discharge it at its expense  forthwith,  failing which the Landlord
may at its option discharge the lien by paying the amount claimed to be due into
court or directly to the Lien  claimant  and the amount so paid and all expenses
of the  Landlord  including  reasonable  legal fees (on a  solicitor  and client
basis) shall be paid by the Tenant to the Landlord.

(c) The Tenant shall be entitled to erect signage in the  Premises,  All signage
must meet City of Vancouver  by-laws,  and be in keeping with the stature of the
Building.  The Landlord shall have the sole determination whether any signage is
in keeping with said stature.

Section 18: Repair Where Tenant at Fault

Notwithstanding any other provision of this Lease, if the Building is damaged or
destroyed or requires  repair,  replacement or alteration as a result of the act
or  omission  of  the  Tenant,  its  employees,  agents,  invitees,   licensees,
contractors  or  others  for  whom  it is in law  responsible,  the  cost of the
resulting  repairs,  replacements or alterations plus a sum equal to 15% of such
cost  representing the Landlord's  overhead,  shall be paid by the Tenant to the
Landlord,

Section 19: Removal of Tenant Improvements

(a) All Tehant  Improvements  (other than trade fixtures) shall immediately upon
their  placement,  before or during  the Term,  become the  Landlord's  property
without  compensation to the Tenant.  Except as otherwise agreed by the Landlord
in writing,  no  improvements  shall be removed  from the Premises by the Tenant
either  during or at the  expIration  or sooner  termination  of the Term except
that;

(i) the  Tenant  may,  during  the Term,  in the usual  course of its  business,
remo~'e its trade  fixtures,  provided  that the Tenant is not in default  under
this Lease; and

(ii) the Tenant shall, at the expiration or earlier  termination of the Term, at
its sole cost,  remove its trade fixtures from the Premises,  failing which,  at
the option of the Landlord,  the trade fixtures shall become the property of the
Landlord  and may be removed  from the  Premises  and sold or disposed of by the
Landlord in such manner as it deems advisable,

Section 20: Tenant~s Insurance

(a) The Tenant shall,  throughout the Term,  take out and keep in full force and
effect,  insurance  for all  contents  and  Tenant  Improvements.  In  addition,
comprehensive   general   liability   insurance  which  includes  the  following
coverages:  owners protective;  personal injury; occurrence property damage; and
employers and blanket  contractual  liability  must be in effect.  Such policies
shall:  contain inclusive limits of not less than $5,000,000;  provide for cross
liability;  and name the Landlord as an insured,  Such  insurance  may be in the
form of a binder on the Tenint's existing blanket insurance policy. All policies
shall contain (i) the Landlord's mortgagee(s) (if any) standard mortgage clause,
(ii) a waiver of any  subrogation  rights which the  Tenant's  insurers may have
against the Landlord,  its mortgagees and against those for whom the Landlord is
in law  responsible,  and (iii) an  undertaking  by the  insurers  to notify the
Landlord  and the  Landlord's  mortgagee(s)  (if any) in  writing  not less than
thirty  (30) days prior to any  material  change,  cancellation  or  termination
thereof.

(b) The Tenant shall not keep or use in the  Premises  any article  which may be
prohibited by any fire insurance  policy in force from time to time covering the
Premises,  If; (i) the conduct of  business  in, or use or manner of' use of the
Premises;  (ii) or any acts or  omissions  of the Tenant  cause or result in any
increase in premiums for any  insurance  carried by the Landlord with respect to
the Building, the Tenant shall pay any such increase in premiums.

<PAGE>

Section 21: Loss or Damage

(a) The Landlord shall not be liable for any death or injury arising from or out
of any  occurrence  in, upon, at, or relating to the Lands or damage to property
of the Tenant or of others  located on the Premises or  elsewhere  except in the
case of negligence.  The Landlord shall not be liable for any such damage caused
by other  tenants or persons on the Lands,  or the public.  All  property of the
Tenant kept or stored on the Premises  shall be so kept or stored at the risk of
the Tenant only and the Tenant releases and agrees to indemnify the Landlord and
save  it  harmless  from  any  claims  arising  out of any  damage  to the  same
including, without limitation, any subrogation claims by the Tenant's insurers.

(b) The Landlord shall not be  responsible  for any damages caused to the Tenant
by reason of failure of any equipment or facilities  serving the Building except
in the case of negligence.  The Landlord shall have the right to stop, interrupt
or reduce  any  services,  systems or  utilities  provided  to, or  serving  the
Building to perform  repairs,  alterations or maintenance or to comply with laws
or  regulations,  or  requirements  of its  insurers,  or for causes  beyond the
LandlorcPs reasonable control.

SECTION 22: Indemnification of the Landlord

Notwithstanding  any other  provision of this Lease,  the Tenant shall indemnify
the  Landlord  and  save it  harmless  from all  loss  (including  loss of Rent)
claims,,  actions,  damages,  liability and expense in  connection  with loss of
life, personal injury, damage to property or any other loss or injury whatsoever
arising out of this Lease, or any occurrence in, upon or at the Premises, or the
use by the Tenant of the Premises or any part thereof,  or occasioned  wholly or
in part by any act or omission of the Tenant or by anyone permitted to be on the
Premises by the Tenant.  If the Landlord  shall,  without  fault on its part, be
made a party to any  litigation  commenced  by or against the  Tenant,  then the
Tenant shall  protect,  indemnify  and hold the Landlord  harmless in connection
with such litigation.  The Landlord may, at its option, participate in or assume
carriage of any litigation or settlement  discussions relating to the foregoing,
or any other matter for which the Tenant is required to  indemnify  the Landlord
under this Lease.  Alternatively,  the Landlord may require the Tenant to assume
carriage  of and  responsibility  for  all or any  part of  such  litigation  or
discussions.

Section 23: Destruction of or Damage to Building

(a) Notwithstanding anything contained in this Lease, if;

         (i) thirty-five percent (3 5%) or more of the Building; or

         (ii)     a  portion  of the  Building  or of  the  Lands  or any  other
                  improvements  on the Lands  which  affect  access or  services
                  essential to the Premises;

is damaged or destroyed  by any cause  whatsoever  (irrespective  of whether the
Premises  are  damaged or  destroyed)  and if, in the  opinion  of the  Landlord
reasonably arrived at, the Building or the essential portion described above, as
the case may be, so damaged or  destroyed  cannot be rebuilt or made fit for the
purposes of the  respective  tenants of such spacS withIn one hundred and eighty
(180) days of the happening of the damage or destruction;  then, the Landlord or
Tenant may at its option (to be exercised  by written  notice to the other party
within, sixty (60) days following any such occurrence),  elect to terminate this
Lease,  in the case of such election,  the Term and the tenancy  Whereby created
shall expire upon the thirtieth  (30th) day after such notice is given,  without
indemnity or penalty payable by, or any other recourse against the Landlord, and
the Tenant  shall,  within such thirty (30) day period,  vacate the Premises and
surrender  them to the Landlord  with the Landlord  having the right to re-enter
and  repossess  the  Premises  discharged  of this Lease.  Rent shall be due and
payable without  reduction or abatement  subsequent to the destruction or damage
and until the date of termination.

(b) If the Landlord is entitled  to, but does not elect to terminate  this Lease
under Section 23 (a) the Landlord  shall,  following such damage or destruction,
diligently  repair if necessary that part of the Building  damaged or destroyed,
but only to the  extent  of the  Landlord's  obligations  under the terms of the
various  leases for  premises in the  Building  and  exclusive  of any  tenant's
responsibilities  with respect to such repair.  if the Landlord elects to repair
the Building, the Landlord may do so in accordance with plans and specifications
other than those used in the original construction of the Building.

Section 24: Assignments, Subleases and Transfers

The Tenant shall not enter into, consent to, or permit any assignment,  sublease
or other assignment, sublease or other transfer of this Lease or its rights with
respect to the Premises  without  prior written  consent of the Landlord,  which
consent shall not be unreasonably withheld,

<PAGE>

SECTION 25: Assignment By Landlord *

The  Landlord  shall  have the  unrestricted  right to sell,  lease,  convey  or
otherwise  dispose of all or any part of the  Building or Lands or this Lease or
any interest of the Landlord in this Lease,  To the extent that the purchaser or
assignee from the LANDLORD  ASSUMES THE  OBLIGATIONS  OF THE LANDLORD UNDER THIS
LEASE1 the Landlord shall  thereupon and without  further  agreement be released
from all subsequent liability under this Lease.

Section 26: Defaults

An ItEvent of Defaalt" shall occur whenever:

(A)      ANY RENT IS IN  ARREARS  AND IS NOT PAID  WITHIN  5 (five)  days  after
         written demand by the Landlord;

(b)      the Tenant has  breached  any of its  obligations  in this Lease (other
         than the payment of Rent) and:

         (1)      fails to remedy such breach within IS (fifteen)  days (or such
                  shorter  period  as may be  provided  in  this  Lease)  of the
                  receipt of written notification of the alleged breach;

         (ii)     if such breach cannot be reasonably remedied within 15 days or
                  such  shorter  period,  the Tenant fails to commence to remedy
                  such  breach  within  such  iS  days  or  shorter   period  or
                  thereafter fails to proceed  diligently to remedy such breach;
                  in either case after notice in writing from the Landlord; or

(c) the Tenant becomes bankrupt or insolvent or takes the benefit of any statute
for  bankrupt  or  insolvent  debtors  or  makes  any  proposal,  assignment  or
arrangement with its creditors,  or any steps are taken or proceedings commenced
by any  person  for the  dissolution,  winding-up  or other  termination  of the
Tenant's existence or the liquidation of its assets; or

(d) the Tenant  abandons or attempts to abandon the  Premises or disposes of its
goods so that there  would not after such  disposal be  sufficient  goods of the
Tenant on the  Premises  subject  to  distress  to  satisfy  Rent for at least 3
months,  or the Premises  become vacant and  unoccupied for a period of 10 (ten)
consecutive days or more without the consent of the Landlord.

Section 27: Default and Remedies

(a) If and whenever an Event of Default  occurs,  then without  prejudice to any
other rights  which it has pursuant to this Lease or at law, the Landlord  shall
have the following rights and remedies which are cumulative and not alternative:

         (i) on providing the Tenant with notice of the default, and allowing 15
(fifteen)  days to remedy said default,  to terminate  this Lease whether or not
the  Landlord  has,  with  respect  to the same or  another  Event  of  Default,
previously  elected  or  pursued a right or remedy  which is  inconsistent  with
termination of this Lease;

         (ii) to enter  the  Premises  as agent of the  Tenant  and to relet the
Premises~ for whatever term, and on such terms as the Landlord in its discretion
may  detennine  and to receive the Rent  theretbr  and as agent of the Tenant to
take  possession  of any property of the Tenant on the  Premises,  to store such
property at the expense and risk of the Tenant or to sell or  otherwise  dispose
of such  property in such manner as the Landlord  may see fit without  notice to
the Tenant;  to make  alterations to the Premises to facilitate their reletting;
and to apply the  proceeds of any such sale or reletting  first,  to the payment
of' any expenses  incurred by the Landlord with respect to any such reletting or
sale;  second,  to the payment of any indebtedness of the Tenant to the Landlord
othor than Rent; and third, to the payment of Rent in arrears;  with the residue
to be held by the  Landlord  and applied in payment of future Rent as it becomes
due and  payable.  The Tenant  shall  remain  liable for any  deficiency  to the
Landlord.  if any reletting extends for a period beyond the end of the Term such
reietting  shall not constitute a termination of this Lease,  but a reletting as
agent of the  Tenant up to the end of the Term and a letting  thereafter  by the
Landlord for its own account;

         (iii) to recover from the Tenant all damages,  and expenses incurred by
the Landlord as a result of any breach by the Tenant including,  if the Landlord
terminates  this Lease,  any  deficiency  between those amounts which would have
been  payable  by the  Tenant  for  the  portion  of  the  Term  following  such
termination  and the net amounts  actually  receIved by the Landlord during such
period of time with respect to the Premises;

<PAGE>

         (iv) to remedy or  attempt to remedy  any  default of the Tenant  under
this Lease for the account of the Tenant and to enter upon the Premises for such
purposes.  No notice of the Landlord's  intention to perform such covenants need
be given the Tenant unless  expressly  required by this Least The Landlord shall
not be liable to the Tenant for any loss, injuty or damage caused by acts of the
Landlord in remedying or  attempting to remedy such default and the Tenant shall
pay to the  Landlord all expenses  incurred by the Landlord in  connection  with
remedying or attempting to remedy such default; and

         (v) to recover  from the Tenant the full amount of the current  month's
Rent together with the next 3 month's  installments  of Rent, all of which shall
immediately become due and payable as accelerated rent.

(b)  NotwithstMding  any  provision of this Lease or any provision of applicable
legislation, none of the goods and chattels of the Tenant on the Premises at any
time during the Term shall be exempt from levy by distress  for Rent in arrears,
and the  Tenant  waives  any such  exemption.  If the  Landlord  makes any claim
against the goods and chattels of the Tenant by way of' distress, this provision
may be pleaded as an estoppel  against the Tenant in any action  brought to test
the right of the Landlord to levy suol' distress

SECTION 28: Damages and Costs

The  tenant  shall  pay  to  the  Landlord  all  reasonable  damages  and  costs
(including,  without  limitation,  all legal fees on a solicitor  and his client
basis) incurred by the Landlord in enforcing or  interpreting  the terms of this
Lease,  or with  respect to any matter or thing which is the  obligation  of the
Tenant under this Lease, or in respect of which the Tenant has agreed to insure,
or  to  indemniey  the  Landlord.  Landlord  has  sole  discretion,  subject  to
arbitration.

Section 29: Survival of Obligations

If the  Tenant  has  failed to  fulfill  its  obligations  under this Lease with
respect to the payment of Rent or the removal of improvements  and fixtures from
the Premises at the end of the Term, such obligations and the Landlord's  rights
in respect  thereto  shall remain in full force and effect  notwithstanding  the
expiration, surrender or sooner termination of the Term.

Section 30: Subordination

(a) This Lease and all rights of the Tenant shall be subject and  subordinate to
any and all  mortgages,  charges or like  security  agreements  arranged  by the
Landlord of its  interest in the Building  (the  "Mortgages").  On request,  the
Tenant  shall  acknowledge  in writing the  subordination  of this Lease and its
rights under this Lease to any and all such  Mortgages  and to all advances made
under  such   Mortgages,   provided   however,   the  Landlord  has  obtained  a
non-disturbance   agreement   in  favour  of  the  Tenant.   The  form  of  such
subordination shall be mutually agreeable to the Landlord and Tenant. *

(b)  Within 10 days after  written  request by the  Landlord,  the Tenant  shall
deliver in a form  supplied by the Landlord a statement or estoppel  certificate
to the  Landlord as to the status of this Lease,  including  as to whether  this
Lease is unmodified and in full force and effect;  the amount of Rent then being
paid;  and any other matters  pertaining to this Lease as to, whIch the Landlord
shall request such statement or certificate, provided that in no event does such
estoppel certificate adversely affect in any way the rights of the Tenant or its
security of tenure.

Section 31: Rules and Regulations

The Tenant shall comply with all Rules and Regulations) and amendments  thereto,
adopted  by the  Landlord  from time to time.  Such  Rules and  Regulations  may
differentiate  between  different  types of businesses in the Building,  and the
Landlord  shall have no  obligation  to enforce  any Rule or  Regulation  or the
provisions of any other lease against any other tenant,  and the Landlord  shall
have no liability to the Tenant with respect thereto.

Section 32: Registration

Neither the Tenant nor anyone  claiming  under the Tenant  shall  register  this
Lease.

<PAGE>

Section 33~ Notices

Any notice,  consent or other instrument which may be or is required to be given
under this Lease shall be in writing and shall be delivered in person or sent by
registered mail postage prepaid,  addressed: (a) if to the Landlord: #1700 - 543
Granville Street,  Vancouver, B.C. V6C lX8; and (b) if to the Tenant: #1100 -$43
Granville  Street,  Vancouver B.C. V6C 1XS. Any such notice or other  instrument
shall be deemed to have been given and  received on the day upon which  personal
delivery  is made or, if mailed,  then 48 hours  following  the date of mailing.
Either palo' may give notice to the ether of any change of address and after the
giving of such notice,  the address therein spec Wed is deemed to be the address
of such party for the giving of notices.  Tf postal  service is  interrupted  or
substantially  delayed,  all notices or other  instruments shall be delivered in
person.

Section 34: Entire Agreement

This Lease  sets forth the entire  agreement  between  the  Landlord  and Tenant
concerning  the Premises and there are no agreements or  understandings  between
them other than as are herein set forth.  Subject to Section  31, this Lease may
not be modified  except by  agreement  in writing  executed by the  Landlord and
Tenant,

SECTION 35: Overbolding

If the Tenant  remains in possession  of the Premises  after the end of the Term
with the consent of the Landlord but without HAVING EXECUTED AND DELIVERED A NEW
LEASE OR AN agreement  extending  the Term,  there shall be no tacit  renewal of
this Lease,  and the Tenant  shall be deemed to be  occupying  the Premises as a
Tenant from month to month at a monthly Rent payable in advance on the first day
of each month equal to twice the monthly  amount of Rent payable during the last
month of the Term,  and  otherwise  upon the same terms as are set forth in this
Lease, so far as these are applicable to a monthly tenancy.

Section 36: ifonsekeeping

(a) The Tenant shall permit window cleaners to clean the windows of the Premises
during normal business hours.

(b) The Tenant  shall not place any debris,  garbage,  trash or refuse or permit
same to be placed or left in or upon any part of the Lands or  Building  outside
of the Premises,  other than in a location provided by the Landlord specifically
for such purposes,  and the Tenant shall not allow any undue accumulation of any
debris,  garbage,  trash or refuse in or outside of the Premises.  * Section 37:
Execution **

The Tenant  confirms  and  agrees  that this Lease  has.  been  executed  by its
authori2ed signatories and that if only one signatory has signed this Lease, the
Tenant is  authorized  by its  articles  of  incorporation  or other  constating
documents to execute leases by such sole authorized  signatory and if this Lease
is not  executed  under  seal by the  Tenant,  the Tenant is  authorized  by its
articles  of  incorporation  or other  constating  documents  to execute  leases
without a seal. The officers of Harwood'  Corporation are Rachel Campbell,  Daen
Campbell and Jordan Campbell and any or all of them  are..authorized  to execute
this  Lease on one  another~s  behalf and have  signing  authority  for  Hanvood
Corporation..

Section 38: Bicycles

No  bicycle or other  vehicle  shall be  brought  within  the Lands or  Building
without consent of the Landlord.

<PAGE>

IN WITNESS WHEREOF the Landlord and Tenant have signed this Lease under seal.

Harwood Corporation
 (The Landlord)

Cathay Online Inc.
 (The Tenant)

<PAGE>

                                   SCHEDULE A
                            BOWER BUILDING 11TH FLOO

[GRAPHIC OMITTED]

<PAGE>

                                    SCHEDULE B

TheTenant will pay their proportionate share of the Buildings Property Taxes and
Operating Costs as set out below;

 RENT AREA OF FLQOR                 4,155 SQ FT
-------------------                 -----------
 BUILDING AREA                     57,780 SQ.FT      =        7.19%

Operating  Costs means any amount paid or payable  whether by the Landlord or by
others on behalf of the Landlord for maintenance, operation, repair, replacement
to and  administration  of the  Building  or  allocated  by the  Landlord to the
Building aad for  services  provided to Tenants,  calculated  as if the Building
were 100% occupied by Tenants during the Term, including without limitation:

(a) The cost of insurance which the Landlord is obligated or permitted to obtain
under this Lease and any deductible  amount apphi cable to any claim made by the
Landlord under such insurance;

(b) The cost of security,  janitorial,  landscaping,  window  cleaning,  garbage
removal, snow removal services and relamping;

(c) The cost of heating, ventilation and air-conditioning;

(d) The  cost of all  fuel,  steam,  water,  electricity,  telephone  and  other
utilities used in the maintenance,  operation or administration of the Building,
including  charges  and  imposts  related to such  utilities  to the extent such
costs, charges and iznposts are not recovered from other Tenants;

(e) Salaries, wages and other amounts paid or payable for all personnel involved
in the repair, maintenance,  operation, security, supervision or cleaning of the
Building,  including fringe benefits,  unemployment and workmen's  con~pensation
insurance  premiums,  pension plan  contributions and other employment costs and
the  cost  of  engaging  contractors  for  the  repair,  maintenance,  security,
supervision or cleaning of the Building;

(f) Auditing,  accounting,  legal and other professional and consulting fees and
disbursements incurred in the preparation of certificates of operating and other
costs, together with legal and consulting fees and disbursements;

(g) The costs: (i) of repairing,  operating and maintaining the Building and the
equipment  serving the Building and of all replacements and modificatiqns to the
Building or such  equipment,  including  those made by the  Landlord in order to
comply with laws or  regulations  affecting the  Building;  (ii) incurred by the
Landlord in providing and installing energy  conservation  equipment or systen~s
and life safety  systems;  (iii)  incurred by the Landlord to make  alterations,
replacements  or  additions  intended  to reduce  operating  costs,  improve the
operation  of the Building or maintain  its  operation as a first c:lass  office
building;  and (iv)  incurred to replace  machinery  or  equipment  which by its
nature  requires  periodic  replacement;  all to the extent  that such costs are
fully  chargeable  in ~he Fiscal Year in which they are  inourred in  accordance
with sound accounting principles;

(h) The cost of the rental of' all  equipment,  supplies,  tools,  materials and
signs;.

(i) All costs  incurred by the  Landlord in  contesting  or  appealing  Taxes or
related  assessments  including legal appraisal and other professional fees, and
administration and overhead costs;

(3) Capital Tax;

(k)  Depreciation  or  amortization  of the Operating Costs as determined by the
Landlord in accordance with sound accounting principles,  if such costs have not
been charged fully in the Fiscal Year in which they are incurred;

 (I) A fee for the  administration  and  management of the Building  equal to an
     amount which the  Landlord  might  reasonably  pay to a third party for the
     administration and management of the Building.

<PAGE>

                                   SCREDULE C

                                 LANDLORD'S WORK

The Landlord shall, at its expense,  in conjunction  with the current  leasehold
improvements,  provide  the  following,  all Of which  must be  approved  by the
Landlord:

(a)      An office  at the East end of the  Premises,  such  design to be of the
         same style as the current leasehold improvements

(b)      An office  at the West end of the  Premises,  such  design to be of the
         same style as the current leasehold improvements

(c)      Two (2) locking doors  separating the East end of the Premises from the
         remainder  of the  Premises

(d)      Re-face the east wall at the elevator lobby<PAGE>

                                                                   EXHIBIT 10.32

                               AMENDMENT NO. 1 TO
                          AGREEMENT AND PLAN OF MERGER

     THIS AMENDMENT NO.1 TO AGREEMENT AND PLAN OF MERGER (this "Amendment") is
made and entered into as of February 29, 2000, by and between All Communications
Corporation, a New Jersey corporation ("ACC") and View Tech, Inc., a Delaware
corporation ("VTI").

                              W I T N E S S E T H:
                              --------------------

     WHEREAS, ACC and VTI have entered into that certain Agreement and Plan of
Merger dated as of December 27, 1999 (the "Merger Agreement") providing for the
merger of ACC with and into VTI (the "Merger") upon the terms and subject to the
conditions set forth therein; and

     WHEREAS, ACC and VTI have reinstated and reaffirmed that the Merger
Agreement is in full force and effect; and

     WHEREAS, ACC and VTI desire to adjust certain of the terms of the Merger
Agreement.

     NOW, THEREFORE, in consideration of the mutual covenants and undertakings
contained herein, and subject to, and on the terms and conditions herein set
forth, the parties hereto agree as follows:

     1.  Final Termination Date.  The definition of "Final Termination Date" set
         ----------------------
forth in Article I of the Merger Agreement is amended by deleting the date
"February 29, 2000" and substituting therefor the following "April 30, 2000;
provided, however, that the Final Termination Date shall be 5:00 PM New York
City time on March 6, 2000 if VTI has not received at least $2,000,000 in gross
proceeds from the exercise of outstanding warrants to purchase VTI Common Stock
on or before March 6, 2000"

     2.  Extension of Escrow Period.  The period during which the Escrow Agent
         --------------------------
shall hold the Escrow Shares under the Escrow Agreement shall be increased to
eighteen months and Section 3.5(b) of the Merger Agreement is amended by
deleting the number "twelve" in the third sentence thereof and substituting
therefor the number "eighteen."

     3.  Extension of Closing Date.  The Closing or Closing Date referred to in
         -------------------------
Section 3.8 of the Merger Agreement shall occur no later than April 30, 2000 and
Section 3.8 of the Merger Agreement is amended by deleting the date "February
29, 2000" and substituting therefor the following "April 30, 2000; provided,
however,that VTI and ACC may, by mutual written consent, extend such date"

     4.  Removal of Certain Conditions to Obligations of ACC.  Section 7.3(g) of
         ---------------------------------------------------
the Merger Agreement relating to a private placement of not less than $4,000,000
of equity securities of the Surviving Corporation as a condition of ACC's
obligation to consummate the transactions contemplated under the Merger
Agreement is hereby deleted in its entirety.

     5.  VTI Indemnification Obligations.  VTI's indemnification obligations
         -------------------------------
under Section 9.2(a) of the Merger Agreement shall be extended to cover certain
risks in connection with
<PAGE>

VTI's sale of USTelecenters, Inc. and Vermont Network Services Corporation to OC
Mergerco 4, Inc. on February 18, 2000 and Section 9.2(a) is hereby amended to
read in its entirety as follows:

     "(a)  VTI hereby agrees to indemnify ACC, its successors and assigns, and
the officers, directors, affiliates, employees, controlling persons and agents
of the foregoing (collectively, the "ACC Indemnified Persons"), and hold each of
them harmless against and in respect of any and all debts, obligations and other
liabilities (whether absolute, accrued, contingent, fixed or otherwise, or
whether known or unknown, or due or to become due or otherwise), monetary
damages, fines, fees, penalties, interest obligations, deficiencies, losses and
expenses (including without limitation amounts paid in settlement, interest,
court costs, costs of investigators, fees and expenses of attorneys,
accountants, financial advisors and other experts, and other expenses of
litigation) (collectively, "Damages") incurred or suffered by any of them by
reason of (i) a breach of any of the representations or warranties made by VTI
in this Agreement;  (ii) the nonperformance (whether partial or total) of any
covenants or agreements made by VTI in this Agreement; (iii) the value of the
Pentastar Communications, Inc. stock received by VTI in connection with the sale
of USTelecenters, Inc. ("UST") and Vermont Network Services Corporation ("VNSC")
to OC Mergerco 4, Inc. ("OCM") under that certain Asset Purchase Agreement dated
as of December 31, 1999 among UST, VNSC, OCM and VTI (the "UST/VNSC Purchase
Agreement") being less than One Hundred Fifty Thousand Dollars ($150,000.00) at
the Termination Date (as defined in the Escrow Agreement (based upon the trading
price for the five day period ending on the Termination Date); and (iv) any
payments by VTI (or Wire One upon closing of the Merger Agreement) with respect
to any of the  Excluded Liabilities (as set forth under Section 2.3 of the
UST/VNSC Purchase Agreement; provided, however, that VTI shall not have any
                             --------  -------
liability under any of the foregoing clauses (i) and (ii) unless the aggregate
of all Damages relating thereto for which VTI would, but for this proviso, be
liable exceeds on a cumulative basis an amount equal to $50,000; and provided,
                                                                     --------
further, that for purposes of determining the amount of Damages under said
-------
clauses for the breach of any representation, warranty or covenant in this
Agreement that contains a materiality qualifier, such representation, warranty
or covenant shall be deemed breached where the Damages relating thereto,
individually or in the aggregate, are in excess of $20,000 (which Damages, once
such $20,000 threshold has been surpassed, shall be included in full in
determining whether the aggregate amount of Damages exceeds the $50,000 amount
set forth in the next preceding proviso)."

     6.  Miscellaneous.  Capitalized terms not defined herein shall have the
         -------------
meanings given to such terms in the Merger Agreement.  Except as expressly
modified hereby, the Merger Agreement and the other agreements entered into
thereunder or contemplated thereby shall continue in full force and effect.
This Agreement may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed shall be
deemed to be an original and all of which taken together shall constitute one
and the same agreement.  This Agreement shall be deemed to be made in and in all
respects shall be interpreted, construed and governed by and in accordance with
the laws of the State of Delaware without giving effect to any choice of law
rule that would cause the application of the laws of any jurisdiction other than
the internal laws of the State of Delaware to the rights and duties of the
parties.

                                      -2-

<PAGE>

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

                                             ALL COMMUNICATIONS CORPORATION

                                             By:___________________________
                                                Name:
                                                Title:

                                             VIEW TECH, INC.

                                             By:___________________________
                                                Name:
                                                Title:

                                      -3-

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