Document:

Exhibit 10.11

                      THE FIRST NATIONAL BANK OF LITCHFIELD
                     FIRST LITCHFIELD FINANCIAL CORPORATION

                      EMPLOYEE CHANGE IN CONTROL AGREEMENT

                 NOT TO BE CONSTRUED AS AN EMPLOYMENT AGREEMENT

<PAGE>

                      EMPLOYEE CHANGE IN CONTROL AGREEMENT
                 NOT TO BE CONSTRUED AS AN EMPLOYMENT AGREEMENT

                      THE FIRST NATIONAL BANK OF LITCHFIELD
                     FIRST LITCHFIELD FINANCIAL CORPORATION
                                 13 North Street
                             Litchfield, Connecticut

     WHEREAS,  The First National Bank of Litchfield (the "Bank") and its parent
bank holding  company,  First  Litchfield  Financial  Corporation  (the "Holding
Company"),  wish to  continue  to  employ  ___________________  ("Employee")  as
______________________ of the Bank. The Bank and the Holding Company expect that
Employee's  contributions  and  knowledge  will  continue  to be of  significant
benefit to the future growth and success of the Bank;

     WHEREAS,  the  Boards  of  Directors  of the Bank and the  Holding  Company
recognize  that a change in control of the Bank and/or the  Holding  Company may
occur and that the threat of such change in control may create  uncertainty  and
may  result  in the  distraction  or  departure  of long term  personnel  to the
detriment of the Bank and Holding Company and their stockholders;

     WHEREAS,  the Boards have determined that appropriate steps should be taken
to reinforce and  encourage  the  continued  dedication of employees of the Bank
including  Employee,   to  their  assigned  duties  in  the  face  of  potential
circumstances involving the possibility of such a change in control;

     NOW  THEREFORE,  in  addition  to one  dollar  ($1.00)  and other  good and
valuable  consideration  paid by the Bank to  Employee  and in  order to  induce
Employee  to  continue  employment  with  the Bank and to  continue  to  perform
Employee's  duties in a manner which is in the best  interests of the Bank,  the
Bank and Holding Company hereby agree to provide  Employee with certain benefits
in the event his employment with the Bank terminates or is reassigned subsequent
to a Change in Control (as defined in Section 2 hereof) under the  circumstances
described below.

     1. Term of Agreement;  Employment Status.  This Agreement shall take effect
when signed by all parties and shall  remain in full force and effect until June
1, 2002.  All employees of Bank and Holding  Company,  including  Employee,  are
employees at will. The terms of this  Agreement,  therefore,  do not and are not
intended to create either an express and/or implied  contract of employment with
the Bank and/or the Holding  Company.  This Agreement  simply  provides  certain
potential  benefits  to  Employee  in the event that a Change in Control  occurs
prior to June 1, 2002 as hereinafter defined.

     2. Change in Control.  No benefits shall be payable  hereunder unless prior
to June 1, 2002 there  shall  have been a Change in Control as set forth  below,
and  thereafter  within  six (6)  months of such  Change in  Control  Employee's
employment with the Bank and/or its successor

<PAGE>

                                       -2-

terminates or Employee is reassigned  in accordance  with Section 3, below.  For
purposes  of this  Agreement,  a  "Change  in  Control"  shall  mean  any of the
following:

          (a) The  acquisition  of fifty  percent  (50%) or more of any class of
     equity  securities of the Holding Company by any person (or persons working
     in concert) or entity after the date hereof;

          (b) The  acquisition  of fifty  percent  (50%) or more of any class of
     equity  securities  of the Bank by any person or entity  other than Holding
     Company;

          (c) A merger, consolidation or reorganization to which the Bank or the
     Holding Company is a party,  if, as a result thereof,  individuals who were
     directors  of  the  Bank  or  Holding  Company,   immediately  before  such
     transaction  shall cease to constitute a majority of the Board of Directors
     of the surviving entity;

          (d) A sale of all or  substantially  all of the  assets of the Bank or
     the Holding Company to another party;

          (e) The assumption of all or substantially  all of the deposits of the
     Bank by another party other than the Federal Deposit Insurance Corporation;
     or

          (f) During any twenty-four  (24) month period,  individuals who at the
     beginning of such period  constitute the Board of Directors of the Bank and
     the Holding Company,  cease for any reason (other than death or disability)
     to  constitute  at least a  majority  thereof  unless the  election  or the
     nomination  for  election  by  the   stockholders   of  the  Bank  and  the
     stockholders of the Holding Company, respectively, of each new director was
     approved by a vote of at least a majority of the  directors  of the Bank or
     of the  Holding  Company  as  applicable,  then  still in  office  who were
     directors  of the  Bank  or the  Holding  Company,  as  applicable,  at the
     beginning of the period.

     3. Termination  Following Change in Control. If any of the events described
in  Section 2 hereof  constituting  a Change in  Control  shall  have  occurred,
Employee  shall be entitled to the benefits  provided for in Section 4(a) hereof
upon the  termination  or  material  reassignment  of his  employment  duties or
responsibilities  as an employee of the Bank and/or its successor as provided in
this Section 3, within six (6) months after such event,  unless such  employment
is terminated or reassigned: (i) by any regulatory authority (acting with proper
jurisdiction);  or (ii) by the Board of Directors for cause; or (iii) because of
Employee's  death,  retirement or disability.  Such benefits shall be reduced by
the amount of any severance paid to Employee by the Bank or its successor.

          (a) Retirement; Disability.

               (i)  Termination  of  employment  by the Bank based on retirement
          shall mean the mandatory  termination of employment in accordance with
          the retirement policy of

<PAGE>

                                       -3-

          the Bank,  including (at Employee's  sole election and as set forth in
          writing)  early  retirement,  generally  applicable  to  its  salaried
          employees or in accordance with any retirement arrangement established
          with Employee's consent with respect to Employee.

               (ii)  Termination  of  employment by the Bank based on disability
          shall mean termination because of inability, as a result of incapacity
          due to physical or mental illness, to perform the services required as
          an employee for a period aggregating six (6) months or more within any
          twelve (12) month  period,  or because  Employee  becomes or is deemed
          disabled under any applicable policy providing disability insurance.

          (b)  Notice  of  Termination.  The Bank  agrees  that in the  event of
     termination  it will promptly  furnish  Employee  with a written  Notice of
     Termination. Any purported termination of Employee shall be communicated by
     written Notice of Termination to the Bank. For purposes of this  Agreement,
     a "Notice of  Termination"  shall mean a notice  which  shall  include  the
     specific termination  provision in this Agreement relied upon and shall set
     forth in reasonable detail the facts and circumstances claimed to provide a
     basis for  termination  of  Employee's  employment  under the  provision so
     indicated.

          (c) Date of Termination.  "Date of Termination" shall mean the date on
     which a Notice of Termination  is given;  provided that, if within five (5)
     days after any Notice of  Termination  is given,  the party  receiving such
     Notice of  Termination  notifies  the  other  party  that a dispute  exists
     concerning the  termination,  the Date of Termination  shall be the date on
     which the dispute is finally determined, either by mutual written agreement
     of the  parties,  by a binding  and final  arbitration  award or by a final
     judgment,  order or decree of a court of competent  jurisdiction  (the time
     for appeal therefrom having expired and no appeal having been perfected).

          (d) Reassignment.  Reassignment  shall mean a reduction in base salary
     or an involuntary reassignment of Employee's duties,  responsibilities,  or
     benefits materially inconsistent with those of Employee prior to the Change
     in Control or the involuntary  relocation of Employee's  primary duties and
     responsibilities  to an office or  location  greater  than fifty (50) miles
     from  Litchfield,  Connecticut  or action  which  results in a  significant
     worsening of the Employee's work conditions (including, but not limited to,
     a significant change in employment duties, responsibilities,  required work
     hours or otherwise).

     4. Compensation Upon Termination or Reassignment.

          (a) If, within six (6) months after a Change in Control, as defined in
     Section 2 hereof, shall have occurred,  Employee's employment with the Bank
     terminates  or is  reassigned  as defined in Section 3 (except by an agency
     acting with proper jurisdiction, or by a board of directors for cause or as
     a result of death,  retirement  or  disability),  then the Bank  and/or its
     successor  shall  pay  Employee  within  five  (5) days  after  the Date of
     Termination an amount equal to the sum of:

<PAGE>

                                       -4-

               (i) Six (6) months of Employee's annual  compensation  based upon
          the most recent  aggregate base salary paid to Employee in the six (6)
          month period  immediately  preceding his  termination or  reassignment
          less amounts  previously  paid to Employee  from the date of Change in
          Control; plus

               (ii) Reasonable legal fees and expenses incurred by Employee as a
          result of such  termination or  reassignment  (including all such fees
          and  expenses,  if any,  incurred in  contesting or disputing any such
          termination  or  reassignment  or in seeking to obtain or enforce  any
          right or benefit provided for by this Agreement).

          (b)  Employee  shall not be  required  to  mitigate  the amount of any
     payment  provided  for in this  Section 4 by seeking  other  employment  or
     otherwise, nor shall the amount of any payment provided for in this Section
     4 be  reduced  by any  compensation  earned by  Employee  as the  result of
     employment  by  another   employer   after  the  Date  of   Termination  or
     Reassignment, or otherwise.

          (c) It is the  intention  of the  parties  to this  Agreement  that no
     payments  by the Bank to or for  Employee's  benefit  under this  Agreement
     shall be  non-deductible  to the Bank by reason of the operation of Section
     280G of the Internal Revenue Code.  Accordingly,  notwithstanding any other
     provision hereof, if by reason of the operation of said Section 280G of the
     Internal  Revenue Code,  any such  payments  exceed the amount which can be
     deducted by the Bank,  the amount of such payments  shall be reduced to the
     maximum  which can be deducted by the Bank.  To the extent that payments in
     excess of the amount  which can be  deducted  by the Bank have been made to
     and for  Employee's  benefit,  they shall be refunded  with interest at the
     applicable  rate  provided  under Section  1274(d) of the Internal  Revenue
     Code,  or at such  other  rate as may be  required  in  order  that no such
     payment to or for Employee's  benefit shall be  non-deductible  pursuant to
     Section 280G of the Internal  Revenue  Code.  Any payments  made  hereunder
     which are not  deductible by the Bank as a result of losses which have been
     carried  forward by the Bank for Federal tax purposes shall not be deemed a
     non-deductible amount for purposes of this Section 4(c).

     5. Continuation of Insurance Benefits.

     Notwithstanding any other provision in this Agreement to the contrary,  the
Bank and/or its successor shall maintain in full force and effect for Employee's
continued  benefit,  for the six (6)  month  period  beginning  upon a Change in
Control,  all life  insurance,  medical,  health  and  accident  and  disability
policies, plans, programs or arrangements which were in effect immediately prior
to the Change in Control.

     6. Successors; Binding Agreement.

          (a) The  Bank and the  Holding  Company  will  require  any  successor
     (whether   direct  or  indirect,   by  purchase,   merger,   consolidation,
     acquisition  of assets or assumption of liabilities or otherwise) to all or
     substantially  all of the business  and/or  assets  and/or  deposits of the
     Bank, by agreement, to expressly assume and agree to perform this Agreement
     in the same manner

<PAGE>

                                       -5-

     and to the same  extent that the Bank would be required to perform it if no
     such succession had taken place. Failure of the Bank and/or Holding Company
     to obtain such agreement prior to the  effectiveness of any such succession
     shall  be a  breach  of  this  Agreement  and  shall  entitle  Employee  to
     compensation  from the Bank in the same  amount and on the same terms as he
     would be entitled to hereunder if his employment had terminated as a result
     of a Termination or Reassignment,  as provided in Section 3 hereof, after a
     Change in Control,  except that for purposes of implementing the foregoing,
     the date on which any such succession becomes effective shall be deemed the
     Date of Termination.  As used in this Agreement, "Bank" shall mean the Bank
     as  hereinbefore  defined and any successor to the business,  assets and/or
     deposits as aforesaid  which  executes and delivers the agreement  provided
     for in this Section 6 or which otherwise becomes bound by all the terms and
     provisions of this Agreement by operation of law.

          (b) This Agreement shall inure to the benefit of and be enforceable by
     Employee's personal or legal  representatives,  executors,  administrators,
     successors, heirs, distributees,  devisees and legatees. If Employee should
     die after any  rights to  receive  the  amounts  contemplated  hereby  have
     accrued  to  Employee  but before  such  amounts  have been paid,  all such
     amounts, unless otherwise provided herein, shall be paid in accordance with
     the terms of this  Agreement to his devisee,  legatee or other designee or,
     if there be no such designee, to his estate.

     7.  Notices.  All notices  and other  communications  provided  for in this
Agreement  shall be in writing  and shall be deemed to have been duly given when
delivered or mailed by United States registered mail, return receipt  requested,
postage  prepaid,  addressed to the respective  addresses set forth on the first
page of this  Agreement,  provided  that all notices to the Bank and the Holding
Company  shall be  directed  to the  attention  of the Board  with a copy to the
Chairman  of the Board of the Bank and the  Chairman of the Board of the Holding
Company or to such other address as either party may have furnished to the other
in writing in accordance herewith, except that notice of change of address shall
be effective only upon receipt.

     8. Miscellaneous. No provision of this Agreement may be modified, waived or
discharged unless such waiver, modification or discharge is agreed to in writing
and signed by Employee and such other officer as may be specifically  designated
by the Board.  No waiver by either party hereto at any time of any breach by the
other or failure to comply with any condition or provision of this  Agreement to
be  performed  by such  other  party  shall be  deemed a waiver  of  similar  or
dissimilar  provisions  or  conditions at the same or at any prior or subsequent
time. No agreements or representations,  oral or otherwise,  express or implied,
with respect to the subject  matter  hereof have been made by either party which
are not expressly  set forth in this  Agreement.  The validity,  interpretation,
construction  and performance of this Agreement shall be governed by the laws of
the State of Connecticut and of the United States of America.

     9. Validity.  The invalidity or  unenforceability  of any provision of this
Agreement shall not affect the validity or enforceability of any other provision
of this Agreement, which shall remain in full force and effect.

<PAGE>

                                       -6-

     10. Counterparts.  This Agreement may be executed in several  counterparts,
each of which shall be deemed to be an original but all of which  together  will
constitute one and the same instrument.

     11. Arbitration.  Any dispute or controversy arising under or in connection
with this Agreement  shall be settled  exclusively by arbitration in Litchfield,
Connecticut,   in  accordance  with  the  rules  of  the  American   Arbitration
Association then in effect.  Notwithstanding the pendency of any such dispute or
controversy,  the Bank will pay  Employee  promptly an amount  equal to his full
scheduled  compensation in effect when the notice giving rise to the dispute was
given (including, but not limited to, base salary) and provide Employee with all
scheduled   compensation,   benefits  and  insurance   plans  in  which  he  was
participating  when the notice  giving rise to the dispute was given,  until the
dispute is finally  resolved in accordance  with Section 3 hereof.  Amounts paid
under  this  Section  11 are in  addition  to all other  amounts  due under this
Agreement and shall not be offset  against or reduce any other amounts due under
this Agreement.  Judgment may be entered on the arbitrator's  award in any court
having jurisdiction;  provided, however, that Employee shall be entitled to seek
specific  performance  of his  right to be paid  until  the Date of  Termination
during the pendency of any dispute or controversy arising under or in connection
with this Agreement.

     Agreed to this __ day of ________,  ____ by and among  Employee,  The First
National Bank of Litchfield, and First Litchfield Financial Corporation.

                                   THE FIRST NATIONAL BANK OF
                                   LITCHFIELD

                                   By:__________________________________

                                   Its:
                                            Duly Authorized

                                   EMPLOYEE

                                   Signature:_____________________________
                                                   Printed Name:

                                   FIRST LITCHFIELD FINANCIAL
                                   CORPORATION

                                   By:__________________________________

                                   Its:
                                            Duly AuthorizedSENIOR EXECUTIVE EMPLOYMENT AGREEMENT

         THIS AGREEMENT  made as of the day of December 6, 1999 (the  "Effective
Date").

B E T W E E N:

                      INFOCAST CORPORATION, a corporation
                      incorporated under the laws of the State of Nevada,
                      in the United  States of America
                      (hereinafter  referred to as the "Employer")

                                                               OF THE FIRST PART

                      - and -

                      HERVE SEGUIN, of the City of Toronto, in the Province
                      of Ontario (hereinafter referred to as the "Employee")

                                                              OF THE SECOND PART

               WHEREAS  the  Employer  wishes  to  employ  the  Employee  in the
capacity  of Chief  Financial  Officer  effective  January  4, 2000 (the  "Start
Date");

               AND WHEREAS the Employer recognizes that the Employee will render
and provide to the Employer  special skills which are essential to the continued
growth  of  the  Employer's  business  and  the  Employer  believes  that  it is
reasonable and fair to the Employer that the Employee receive fair incentive and
security of employment and compensation terms;

               AND WHEREAS the Employer  and the  Employee  have agreed to enter
into this Employment  Agreement to formalize in writing the terms and conditions
reached between them governing the Employee's employment;

               NOW  THEREFORE  in  consideration  of the  mutual  covenants  and
agreements herein contained and for other good and valuable  consideration,  the
receipt and  sufficiency of which are hereby  acknowledged  by the parties,  the
parties hereto agree as follows:
<PAGE>

                                    Article 1
                  RETENTION, DUTIES AND POWERS OF THE EMPLOYEE

1.1            Employment of Employee.

               The Employer hereby employs the Employee effective the Start Date
as its Chief  Financial  Officer,  reporting  to the  Employer's  President,  to
perform  the  duties  and  responsibilities  incident  to such  position  and as
otherwise assigned by the Employer's President.  Such employment shall continue,
unless and until terminated in accordance with Article 4 of this Agreement.

1.2            Acceptance of Employment; Time and Attention.

               The  Employee  hereby  accepts  such  employment  and agrees that
throughout the period of his employment  hereunder he will devote  substantially
all his time, attention, knowledge and skills, faithfully, diligently and to the
best of his ability,  in furtherance  of the business of the Employer,  and will
perform the duties and  responsibilities  assigned to him pursuant to Section 1,
subject, at all times, to the direction and control of the Employer's President.
As an executive  officer,  the Employee  shall perform such specific  duties and
shall  exercise  such  specific  authority  related  to  the  management  of the
day-to-day  operations  of the  Employer  consistent  with his position as Chief
Financial  Officer as may be assigned to the  Employee  from time to time by the
Employer's President. The Employee shall at all times be subject to, observe and
carry out such rules, regulations,  policies, directions and restrictions as the
Employer shall from time to time establish.  During the period of his employment
hereunder, the Employee shall not, directly or indirectly,  accept employment or
compensation  from,  or  perform  services  of  any  nature  for,  any  business
enterprise  other  than the  Employer.  The  Employee  shall be  elected to such
offices of the  Employer  as may from time to time be  determined  by the Board.
During  the  period  of the  Employee's  employment  hereunder,  he shall not be
entitled to additional  compensation  for serving in any offices of the Employer
to which he is elected or appointed.

                                    Article 2
                            COMPENSATION AND BENEFITS

2.1            Remuneration.

               For the performance of his services hereunder, the Employee shall
be paid a salary (the "Base  Salary") of  Cdn$200,000  per annum,  payable twice
monthly in arrears. The Employee's Base Salary shall be reviewed annually by the
Employer's  Board of Directors  (the "Board") based on  recommendation  from the
Employer's  President and, from time to time during the term of this  Agreement,
may be  increased  in the sole  discretion  of the Board.  The first such review
shall take place 30 days  following  release of the  Employer's  March 31,  2001
audited financial statements.

                                      -2-
<PAGE>

2.2            Benefits and Perquisites

               Provided the Employee is otherwise eligible, the Employee will be
entitled  to  participate  in all benefit  plans and to receive all  perquisites
enjoyed by the senior employees of the Employer. The Employer will pay the costs
of  the  Employee's  existing  disability  insurance  with  annual  premiums  of
approximately Cdn.$4,000.  All benefit plans will be governed and interpreted by
their written terms, if applicable.

2.3            Incentive Plans.

               The Employee  will be entitled to  participate  in all  incentive
plans (including,  without limitation, a Bonus Plan to be created for the fiscal
year commencing April 1, 2000, which includes an entitlement to an annual target
bonus of 50  percent  of Base  Salary to be paid  within 90 days  following  the
Employer's  fiscal year end, and the Share  Option  Plan) made  available to any
employee of the Employer.  Except as provided for herein,  all  incentive  plans
will be governed and interpreted by their written terms, if applicable.

               It is agreed that,  effective the Start Date,  the Employer shall
grant  the  Employee   350,000  options  to  purchase  common  shares  on  terms
substantially the same as those set forth in the Infocast Corporation 1999 Share
Option  Plan (a copy of which is  attached  as  Schedule  A  hereto)  except  as
otherwise  provided herein.  These options will be issued with an exercise price
equal to the trading  price of the shares on the Start Date.  The terms of these
options  will provide  that their  exercise  period shall be five years from the
Start Date and that they vest as to 116,666  options upon the Employee  assuming
the position of the Employer's  Chief  Financial  Officer,  116,666 on the first
anniversary thereof and the remaining 116,667 on the second anniversary thereof.
The  option  agreement  will also  specify  that all of the  Employee's  options
outstanding at the time of a Change of Control (as defined in Section 4.4) shall
vest and be fully exercisable.

2.4            Out-of-Pocket Expenses.

               The Employee shall, upon production of supporting  statements and
vouchers,  be reimbursed forthwith by the Employer in accordance with applicable
policies of the  Employer for all  reasonable  out-of-pocket  expenses  actually
incurred by the Employee in the performance of his duties under this Agreement.

2.5            Vacation.

               The Employee is entitled to a minimum of four weeks paid vacation
in respect of each 12 month period of his  employment  hereunder.  To the extent
that the Employee  does not utilize his full vacation  entitlement  in any given
year, the Employee

                                      -3-
<PAGE>

shall be entitled to carry  forward his  vacation  entitlement  to the next year
provided that the Employee  shall not be entitled to  accumulate  more than five
weeks vacation.

                                    Article 3
                          EMPLOYEE'S NEGATIVE COVENANTS

3.1            Confidential Information.

               The Employee  acknowledges  that,  in the course of carrying out,
performing and fulfilling his  obligations to the Employer under this Agreement,
the Employee  will have access to and will be entrusted  with  information  that
would reasonably be considered  confidential to the Employer and its affiliates,
clients or  suppliers,  the  disclosure  of any of which to  competitors  of the
Employer or any of its affiliates,  clients or suppliers, or the general public,
would be highly detrimental to the best interests of the Employer. Except as may
be required in the course of carrying out his duties under this  Agreement,  the
Employee therefore covenants and agrees that he will not disclose or directly or
indirectly cause to be disclosed,  during his employment or any time thereafter,
any of such  information to any person,  other than the  directors,  officers or
employees of the Employer or any of its affiliates that have a need to know such
information,  nor shall the Employee use or exploit, directly or indirectly, the
same for any purpose  other than the purposes of the  Employer.  This  provision
will not  apply to any  confidential  information  which is  publicly  available
through no fault of the  Employee  or which the  Employee  is required by law to
disclose.

3.2            Corporate Opportunities.

               Any  business  opportunities  related  to  the  business  of  the
Employer or any of its affiliates  which become known to the Employee during the
period of his employment hereunder must be fully disclosed and made available to
the Employer by the Employee and the Employee agrees not to take or omit to take
any  action if the result  would be to divert  from the  Employer  or any of its
affiliates any opportunity which is within the scope of its business as known to
the Employee from time to time.

3.3            Proprietary Information.

               The Employee  acknowledges  and agrees that all right,  title and
interest in and to any  information,  trade  secrets,  inventions,  discoveries,
improvements,  research  materials and  databases,  including but not limited to
patents,  copyright,  design and moral  rights in the results  thereof,  made or
conceived by the Employee  during his employment  with the Employer  relating to
the business or affairs of the Employer or any of its affiliates shall belong to
the Employer and the Employee hereby waives any and all moral rights he may have
in connection thereto.  The Employee shall promptly  communicate to the Employer
all information concerning such proprietary information and, if requested by the
Employer,  the Employee shall provide, at the expense of the Employer,  all such
                                      -4-

<PAGE>
assistance  as the  Employer  considers  necessary to secure the vesting of such
rights in the Employer.  The Employee  hereby,  for the term of this  Agreement,
irrevocably  appoints the Employer as the Employee's attorney with full power in
Employee's  name to execute and deliver  documents  and do any things  which the
Employer may consider  necessary or desirable  for the purposes of giving effect
to this Section 3.3. The Employee  hereby agrees to ratify and confirm  whatever
the Employer may lawfully do as the Employee's attorney.

3.4            Non-Competition.

         (a)   In consideration of his employment hereunder,  the Employee shall
               not,  during the  Employee's  term of employment (as set forth in
               Section  1.1) and during the 6 month  period  following  the date
               that the  Employee  ceases to be an employee  of the  Employer or
               other termination of this Agreement  (regardless of who initiated
               the  termination  and  whether  with or  without  cause),  either
               individually  or in partnership or in conjunction in any way with
               any person or persons, corporation,  partnership or other entity,
               whether  as  principal,   agent,   director,   member,   officer,
               consultant,  shareholder,  guarantor,  creditor  in or any  other
               manner whatsoever, directly or indirectly:

                   (i)   solicit,  interfere with, endeavour to entice away from
                         the  Employer  or  any of its  affiliates,  accept  any
                         business  related to the  Restricted  Business from, or
                         sell any product or render any  service  related to the
                         Restricted   Business   to,  any   person,   firm,   or
                         corporation  who  is  or  was  a  client,  customer  or
                         supplier of the Employer or any of its affiliates  with
                         whom the Employer or its  affiliate  has or has had any
                         dealing during the 6 month period immediately preceding
                         the  date  upon  which  the  Employee  ceases  to be an
                         employee of the Employer;

                   (ii)  offer  employment to (unless  previously  terminated by
                         the  Employer)  or  endeavour  to entice  away from the
                         Employer or any of its affiliates,  any person employed
                         by the  Employer  or its  affiliates  at the date  upon
                         which  the  Employee  ceases to be an  employee  of the
                         Employer or  interfere  in any way with the  employment
                         relationship  between such employee and the Employer or
                         its affiliate, as the case may be or induce,  influence
                         or seek to induce or influence any person engaged as an
                         employee, representative, agent, independent contractor
                         or otherwise by the  Employer,  to terminate his or her
                         relationship with the Employer;

                                      -5-
<PAGE>

                   (iii) engage in, carry on or  otherwise be concerned  with or
                         have  any  interest  in,  or  advise,  lend  money  to,
                         guarantee  the debts or  obligations  of, or permit the
                         Employer's  name  or any  part  thereof  to be  used or
                         employed by, and person, firm,  association,  syndicate
                         or  corporation   engaged  in  or  concerned   with,  a
                         Restricted Business in North America; or

                   (iv)  own, manage,  operate,  join, control,  participate in,
                         invest  in, or  otherwise  be  connected  with,  in any
                         manner,  whether  as an  officer,  director,  employee,
                         partner,  investor or  otherwise,  any business  entity
                         engaged in or concerned with, a Restricted  Business in
                         North America.

               For the purposes of this Section  3.4(a),  "Restricted  Business"
               means  any  business  carried  on by the  Employer  or any of its
               affiliates  at the date upon which the  Employee  ceases to be an
               employee of the Employer.

         (b)   The foregoing  covenants are given by the Employee  acknowledging
               that the Employee  either has or will have specific  knowledge of
               the affairs of the  Employer  and its  business.  Therefore,  the
               Employee  hereby  acknowledges  and  agrees  that all  covenants,
               provisions  and  restrictions  contained  in this  Article  3 are
               reasonable and valid in the circumstances of this Agreement,  and
               all  defenses to the strict  enforcement  thereof by the Employer
               are hereby waived by the Employee.  The Employee acknowledges and
               agrees  that  any  breach  by  the  Employee  of  the  covenants,
               provisions  and  restrictions  contained in this Article 3 during
               the term of his employment  under this Agreement shall constitute
               cause for termination.

         (c)   The Employee further acknowledges and agrees that in the event of
               a breach of the covenants,  provisions and  restrictions  in this
               Article 3, the Employer's  remedy in the form of monetary damages
               may be  inadequate  and that the Employer  shall be and is hereby
               authorized  and  entitled,  in addition  to all other  rights and
               remedies available to the Employer,  to apply for and obtain from
               any  court  of  competent   jurisdiction  interim  and  permanent
               injunctive  relief and an  accounting of all profits and benefits
               arising out of such breach.  The Employee also  acknowledges that
               the operation of the foregoing  covenants may seriously constrain
               his freedom to seek other remunerative employment.

3.5            Investments.

               Nothing in this Agreement  shall be deemed to prevent or prohibit
the Employee from owning shares in a public company as an investment, so long as
the Employee does not own more than 5 percent of the  outstanding  voting shares
thereof.

                                      -6-
<PAGE>

3.6            Survival.

               Neither the termination of this Agreement,  nor of the Employee's
employment  hereunder,  shall terminate or affect in any manner any provision of
this Article 3 that is intended by its terms to survive such termination.

3.7            Qualification of Non-Competition.

               If the  provisions of Section 3.4 are ever  adjudicated to exceed
the  limitations on time or geographic  scope  permitted by applicable law, then
such provisions  shall be deemed to be amended to the maximum time or geographic
scope permitted by applicable law.

                                    Article 4
                                   TERMINATION

4.1            Termination for Cause, Disability, Etc.

         (a)   The Employer may  terminate  this  Agreement  and the  Employee's
               employment  hereunder without payment of any compensation  either
               by way of anticipated  earnings or damages of any kind for any of
               the following reasons:

                   (i)   cause which, for the purposes of this Agreement,  means
                         any act which  would  constitute  "cause"  at law,  any
                         violation by the Employee of any material instructions,
                         rules and practices of the  Employer,  a failure on the
                         part of the  Employee to comply with any  provision  of
                         this Agreement  (including the  withholding of services
                         thereunder),  any breach of his fiduciary duties to the
                         Employer likely to cause harm to the Employer, fraud or
                         any conviction of a felony or indictable offence or any
                         crime  involving  moral  turpitude  or any of  theft or
                         dishonesty   relating  to  a  matter  material  to  the
                         Employer;

                   (ii)  disability  which,  for the purposes of this Agreement,
                         means the  eligibility  of the  Employee  for long term
                         disability  benefits  under  the  disability  insurance
                         referred to in Section 2.2 of this Agreement; or

                   (iii) death of the Employee.

         (b)   In the event of termination  pursuant to Section  4.1(a)(i),  the
               Employee's  sole  entitlement  shall  be his Base  Salary  to and
               including the date of

                                      -7-
<PAGE>

               termination,  all benefits accrued to the date of termination and
               all rights  pursuant to any Share Option Plan  governing  options
               issued to the Employee. For greater certainty, the Employee shall
               not be  entitled  to any part or pro rata  payment for any unpaid
               bonus or payments  pursuant to any incentive  plans except to the
               extent  earned but not yet paid for the fiscal  year  immediately
               preceding the date of termination.

         (c)   In the event of  termination  pursuant to Section  4.1(a)(ii)  or
               (iii) above,  the Employee's sole  entitlement  shall be his Base
               Salary to and  including  the date of  termination,  all benefits
               accrued to the date of  termination,  all rights  pursuant to any
               Share  Option  Plan  governing  options  issued  to the  Employee
               (provided that all such options shall immediately  accelerate and
               vest in the Employee or the legal  representative  of his estate,
               as applicable) and a pro rata payment for all bonuses (calculated
               at 50% of  annual  Base  Salary)  and  payments  pursuant  to any
               incentive  plans up to the date on which  the  Employee's  active
               employment ceased.

4.2            Other Termination by Employer without Cause.

               Notwithstanding  anything contained in this Agreement,  where the
provisions  of  Section  4.1 do not apply,  this  Agreement  and the  Employee's
employment  under this  Agreement  may be terminated at any time by the Employer
during the term set out in Section 1.1 as follows:

         (a)   the  Employer  shall pay to the  Employee  his Base Salary to and
               including  the  date of  termination,  together  with a lump  sum
               amount  equal to his annual Base  Salary (the "Base  Severance");
               and

         (b)   all options  for shares of the  Employer  issued to the  Employee
               shall  immediately  accelerate  and vest in the  Employee and the
               exercise period for all options for shares of the Employer issued
               to  the  Employee  shall  be 12  months  from  the  date  of  the
               termination;

4.3            Other Termination by Employee.

               Notwithstanding  anything contained in this Agreement,  where the
provisions  of  Section  4.1 do not apply,  this  Agreement  and the  Employee's
employment  under this  Agreement  may be terminated at any time by the Employee
during the term set out in Section 1.1 upon three (3) months' notice in the case
of  termination  before the second  anniversary  of the Start Date,  and one (1)
months' notice in the case of termination on or after the second  anniversary of
the Start Date, in writing by the Employee to the Employer.  In that event,  the
following shall apply:

         (a)   the  Employer  shall pay to the  Employee  his Base Salary to the
               effective date of resignation; and
                                      -8-

<PAGE>
         (b)   the  exercise  period for all options for shares of the  Employer
               issued to the Employee shall be as provided pursuant to the Share
               Option Plans under which they were issued.

4.4            Other Termination By Reason of Change in Control.

         (a)   In the event of  termination  by the  Employer of the Employee at
               any time within 24 months  following the  occurrence of a "Change
               of Control" (as  hereinafter  defined),  then the  provisions  of
               Sections   4.1,   4.2   and  4.3   shall   not   apply.   Rather,
               notwithstanding   anything  contained  in  this  Agreement,   the
               following shall apply:

                   (i)    the Employer shall pay to the Employee his Base Salary
                          to and  including  the date of  termination,  together
                          with a lump sum  amount  equal to 1.5 times his annual
                          Base Salary (the "Enhanced Severance"); and

                   (ii)   all options for shares of the  Employer  issued to the
                          Employee shall immediately  accelerate and vest in the
                          Employee and the  exercise  period for all options for
                          shares of the Employer issued to the Employee shall be
                          the earlier of their original expiry date or 18 months
                          from the date of the termination;

         (b)   For the  purposes of this  Agreement,  "Change of Control"  shall
               mean the occurrence, at any time, of any of the following events:

                   (i)    the  acquisition  by any  person,  entity  or group of
                          persons or entities  acting jointly or in concert,  of
                          voting securities of the Employer or rights or options
                          to  acquire  voting  securities  of  the  Employer  or
                          securities convertible into or exchangeable for voting
                          securities of the Employer or any combination  thereof
                          such that after the completion of the acquisition such
                          person,  entity or group would be entitled to exercise
                          50.1% or more of the total number of votes entitled to
                          be cast at a meeting of  shareholders of the Employer;
                          or

                   (ii)   the sale by the Employer of all or  substantially  all
                          of the property or assets of the Employer; or

                                      -9-

<PAGE>

                   (iii)  a  reorganization,   plan  of  arrangement  or  merger
                          resulting in the  circumstances set out in (i) or (ii)
                          above.

4.5            General Termination Provisions.

               (a) Upon any  termination of this  Agreement for any reason,  the
               Employee  shall at once  deliver or caused to be delivered to the
               Employer all books,  documents,  effects,  money,  securities  or
               other  property  belonging  to  the  Employer  or for  which  the
               Employer  is  liable  to  others,  which  are in the  possession,
               charge, control or custody of the Employee.

               (b)  All  amounts  referred  to in this  Agreement,  specifically
               including the  Employer's  payment  obligations  pursuant to this
               Article 4, shall  constitute when due a debt owed by the Employer
               to the Employee.  The Employee  shall not be required to mitigate
               damages by seeking other  employment or otherwise,  nor shall the
               amount  provided  for under  this  Agreement  be  reduced  in any
               respect in the event that the Employee  shall secure  alternative
               employment,  or not  reasonably  pursue  alternative  employment,
               following the  termination of the Employee's  employment with the
               Employer.  Notwithstanding  the  foregoing,  should the  Employee
               replace  any life,  health or  accident  plan,  at an  equivalent
               level,  upon  obtaining  alternate  employment or otherwise,  the
               Employer shall not be required to continue such benefits.

               (c) As a condition to any payment pursuant to this Article 4, the
               Employee agrees to deliver to the Employer at the time of payment
               a full and final release from all actions or claims, such release
               to be in a form reasonably satisfactory to the Employer and to be
               for the  benefit  of the  Employer,  its  affiliates,  directors,
               officers and employees.

                                    Article 5
                             DIRECTORS AND OFFICERS

5.1            Resignation.

               If the  Employee is a director or officer at the  relevant  time,
the Employee agrees that, after  termination of his employment with the Employer
for any reason,  he will tender his resignation from any position he may hold as
an officer or director of the Employer or any of its  affiliated  or  associated
companies.  If the  Employee  fails  to  resign,  the  Employer  is  irrevocably
authorized  to  appoint  another  person to act in his name and on his behalf to
sign any documents necessary to give effect to the resignation.

                                      -10-
<PAGE>

5.3            Indemnity.

         (a)   Subject to the provisions of applicable  law, the Employer agrees
               to indemnify and save the Employee  harmless from and against all
               demands, claims, costs, charges and expenses, including an amount
               paid to  settle  an action  or  satisfy  a  judgment,  reasonably
               incurred   by  him  in  respect  of  any   civil,   criminal   or
               administrative action or proceeding to which the Employee is made
               a party by reason of being or having  been a director  or officer
               of the Employer or of any affiliated  company,  whether before or
               after any termination if:

                   (i)    the Employee acted honestly and good faith with a view
                          to the best interests of the Employer; and

                   (ii)   in the case of a criminal or administrative  action or
                          proceeding that is enforced by a monetary penalty, the
                          Employee had reasonable grounds for believing that his
                          conduct was lawful.

         (b)   Subject to the provisions of applicable law, the Employer agrees,
               with  the  approval  of the  court,  to  indemnify  and  save the
               Employee  harmless from and against all demands,  claims,  costs,
               charges and  expenses  reasonably  incurred by him in  connection
               with an  action  by or on behalf  of the  Employer  to  procure a
               judgment in the Employer's favour to which the Employee is made a
               party by reason of being or having  been a director or officer of
               the  Employer or of any  affiliated  company,  whether  before or
               after any termination, if:

                   (i)    the Employee  acted  honestly and in good faith with a
                          view to the best interest of the Employer; and

                   (ii)   in the case of a criminal or administrative  action or
                          proceeding that is enforced by a monetary penalty, the
                          Employee had reasonable grounds for believing that his
                          conduct was lawful.

                                      -11-
<PAGE>
                                    Article 6
                           GENERAL CONTRACT PROVISIONS

6.1            Notices.

               Any notice or other document  ("Notice") required or permitted to
be given  hereunder  shall be in  writing  and shall be given by hand  delivery,
responsible  over  night  delivery  service,  or  facsimile  transmission  (with
confirmation of receipt), to be addressed to:

         (a)   the Employer or the Board of Directors at:

               1 Richmond St. West, Suite #901
               Toronto, Ontario
               M5H 3W4

               Telephone:  416-867-9087
               Facsimile:   416-867-9320

               with a copy to:

               Olshan Grundman Frome Rosenzweig & Wolosky LLP
               505 Park Avenue
               New York, New York  10022

               Attention:  Jeffrey S. Spindler, Esq.

               or to such other person as the Employer may designate;

         (b)   the Employee at:

               44 Dane Avenue
               Toronto, Ontario
               M6A 1G5

               Telephone: (416) 783-3027

               Any Notice hand  delivered  personally or by delivery  service or
transmitted  by facsimile  shall be deemed to have been received by and given to
the addressee on the day of delivery or transmission,  provided that if the date
of transmission is not a business day, or the  transmission  occurs after normal
business hours, on the business day next following the date of transmission.

                                      -12-
<PAGE>

6.2            Currency.

               All dollar amounts set forth or referred to in this Agreement and
all uses of the dollar  sign ($) used  herein  refer to  currency  of the United
States of America, except as otherwise indicated.

6.3            Counterparts.

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

6.4            Governing Law.

               This  Agreement  shall be governed by and construed in accordance
with the laws of the  Province of Ontario and the laws of the Canada  applicable
therein.  The parties  hereto  attorn to the  jurisdiction  of the courts of the
Province of Ontario.

6.5            Interpretation not Affected by Headings, etc.

               Any headings  preceding the text and paragraphs in this Agreement
hereof have been inserted for  convenience  and reference  only and shall not be
construed to affect the meaning, construction, or effect of this Agreement.

6.6            Deemed Amendments.

               If any paragraph or provision of this Agreement is adjudicated to
be  invalid  or  unenforceable,  in  whole or in part  then  such  paragraph  or
provision,  or part  thereof,  shall be deemed  amended to delete  therefrom the
objectionable  portion  and  the  remaining  portions  of this  Agreement  shall
continue to remain in full force and effect.

6.7            Non-Assignability.

               Neither  this  Agreement,  nor the right to receive any  payments
hereunder,  may be assigned by the Employee without the prior written consent of
the Employer.

6.8            Time of the Essence.

               Time shall be of the essence of this Agreement.

6.9            Binding Effect.

               This  Agreement  shall be  binding  upon and  shall  enure to the
benefits  of  each  of  the  parties  and  their  respective  heirs,  executors,
administrators, successors and permitted assigns.

                                      -13-
<PAGE>

6.10           Entire Agreement.

               This Agreement (together with the plans and documents referred to
herein)  supersedes and replaces all prior  negotiations  and/or agreements made
between the parties,  whether oral or written,  and shall  constitute the entire
Agreement  between  the  parties  with  respect to all  matters  relating to the
Employee's  employment  and the execution of this Agreement has not been induced
by,  nor do any of the  parties  hereto  rely  upon or regard  as  material  any
representations or writings  whatsoever not incorporated into and made a part of
this Agreement.  This Agreement shall not be amended, altered or modified except
in writing signed by the parties hereto.

6.11           Taxes.

               All payments under this Agreement shall be subject to withholding
of such  amounts,  if any  relating  to tax or other  payroll  deduction  as the
Employer may reasonably  determine should be withheld pursuant to any applicable
law or regulation.

               IN WITNESS  WHEREOF the parties  hereto have duly  executed  this
Agreement as of the Effective Date.

                                         INFOCAST CORPORATION

                                         Per:/s/ James Leech
                                             -----------------------------------

                                         Per:__________________________________

                                         )
                                         )
                                         )
                                         )/s/Herve Seguin
---------------------------------------- ------------------------------------l/s
Witness                                  Herve Seguin

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}]]