Document:

SUBSCRIPTION AGREEMENT

                       SUBSCRIPTION AGREEMENT

                           $.40 PER SHARE

e*machinery, inc.
1400 Medford Plaza
Medford, New Jersey 08055

Gentlemen:

    The undersigned acknowledges that he or she has received and
reviewed  a  copy  of the Confidential Offering  Memorandum  dated March 6,
2000 of e*machinery, inc., a Texas Corporation, (the "Company"),
including   the  exhibits  appended  thereto;  (the   Confidential Offering
Memorandum,  together with the exhibits thereto,  is  referred  to herein
as  the  "Memorandum").  The Memorandum  relates  to  the  private placement
of 2,500,000 shares of common stock (the "Shares") of the Company
being offered herewith. The Company is offering the Shares on the
terms and in the manner described in the Memorandum.

     It is understood that, upon the acceptance by the Company  of the
undersigned's  offer to purchase the number of  Shares  set  forth herein,
the undersigned will receive a copy of this executed Subscription
Agreement executed on behalf of the Company.

     1.  Subscription. Subject to the terms and conditions hereof, the
undersigned  hereby  irrevocably  subscribes  for  and  agrees  to purchase
180,000 Shares. Except as provided immediately below, the
undersigned tenders herewith a check (the "Check") in an amount of
$ 72,000.00, payable to the order of "Levy & Levy, P.A. Attorney
Trust Account". At the sole discretion of the Company, the Company may
allow less than 500,000 of shares to be purchased by an individual investor.

    The Check and this Subscription Agreement that is Exhibit A to the
Memorandum  should be delivered to Levy & Levy, Plaza 1000,  Suite 309,
Main  Street,  Voorhees,  New Jersey,  08043.  After  all  of  the
2,500,000 shares ($1,000,000) have been sold prior to the termination  date,
a Closing  shall occur upon receipt of good funds and acceptance  of
the undersigned's offer to purchase the number of  Shares  set  forth
herein (the date on which the undersigned's offer to purchase shares is
accepted being the "Closing Date"). The Company must also deliver
stock  certificates at the Closing.  If this subscription is
rejected by the Company, the proceeds in an amount equal to the amount
tendered by the investor shall be promptly returned in full to the
undersigned, without  interest, and this Agreement shall be rendered by the
Company null and void and of no further force or effect.

    2. Acceptance of Subscription. The undersigned understands and
agrees  that  this subscription is made subject to  the  following terms
and conditions:
    (a)   The Company shall have the right to reject this
          subscription, in whole or in part; and

    (b)   The  Company shall have no obligation to accept subscriptions
          for Shares in the order received.

    3. Representations and Warranties of the Undersigned.

     The undersigned understands that the Shares are being offered and
sold pursuant to the exemption from registration provided for in
Section  4(2)  of  the Securities Act of 1933,  as  amended, (the "Act"),
and   Rule  506  of  Regulation  D  promulgated  thereunder.  The undersigned
further understands that he is purchasing the Shares without being
furnished any offering literature or prospectus other than the
Memorandum,  that no documents relating to this private  placement as
such  have  been  filed  with or reviewed by  the  Securities  and Exchange
Commission or by any administrative agency charged with the
administration of the securities laws of any state. All documents,
records and books pertaining to this investment have been made
available to the undersigned and his representatives, including
without  limitation his attorney and/or his accountant, and that the
books and records of the Company will be available upon reasonable
notice  for  inspection  by investors during reasonable business hours at
its  principal  place  of  business. In addition the undersigned hereby
represents and warrants as follows:

    (a)   The undersigned (X) if an individual (I) is a citizen of the
          United States, and at least 21 years of age, and (ii) is a
          bonafide permanent resident of and is domiciled in the State
          set  forth  on  the signature page hereof  and  has no present
          intention of becoming a resident of any other State or
          jurisdiction, or (Y) if a partnership, trust, corporation or
          other entity, has a principal place of business and is
          domiciled  in  the State as set forth on the  signature page
          thereof and has no present intention of changing its
          principal place of business or its domicile to any other
          state or jurisdiction;

    (b)   The undersigned has read and fully considered the
          section in the Memorandum Entitled "Risk Factors" and
          understands that shares are extremely speculative
          investments with a high degree of risk of loss, and
          there will be no public market for the Shares and it
          may not be possible to liquidate an investment in the
          Shares; Common stock has not been registered under the
          Act or State Securities Laws and may not be sold until
          such Common Stock is registered under the Act or an
          exemption from such registration is available.

    (c)   The undersigned is able (I) to bear the economic risk
          of this investment, (ii) to hold the Shares
          indefinitely, and (iii) presently to afford a complete
          loss of this investment; the undersigned has adequate
          means of providing for current needs and personal
          contingencies, and has no need for liquidity in this
          investment;

    (d)   The undersigned has such knowledge and experience in
          financial and business matters that he/she is capable
          of evaluating the merits and risks of an investment in
          the Shares and of making informed investment decision;

    (e)   The undersigned confirms that, in making his decision
          to purchase the Shares, he/she has relied solely upon
          independent investigations made by him/her and/or by
          his/her representatives, including his own professional
          tax and other advisors, and that he and such
          representatives and advisors have been given the
          opportunity to ask questions of, and to receive answers
          from, officers of the Company and Counsel to the
          Company concerning the terms and conditions of this
          offering, and to obtain any additional information, to
          the extent such persons possess such information or can
          acquire it without unreasonable effort or expense,
          necessary to verify the accuracy of the information set
          forth in the Memorandum;

    (f)   The Shares hereby subscribed for are being acquired by
          the undersigned In good faith solely for his/her own
          personal account, for investment purposes only, and are
          not being purchased for resale, resyndication,
          distribution, subdivision or fractionalization thereof;
          the undersigned has no contract or arrangement with any
          person to sell, transfer or pledge to any person the
          Shares or any part thereof, any interest therein or any
          rights thereto; the undersigned has no present plans to
          enter into any such contract or arrangement; and he/her
          understands that as a result he/she must bear the
          economic risk of the investment for an indefinite
          period of time because the Shares have not been
          registered under the Act and, therefore, cannot be sold
          unless they are subsequently registered under the Act
          or an exemption from such registration under the Act is
          available.

     (g)  The undersigned consents to the placement of a legend, until
          the shares are registered, on the stock certificates
          evidencing  the  Shares being purchased,  which  legend shall be
          in a form substantially as follows:

           "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
           REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION UNDER
           THE  SECURITIES ACT OF 1933, AS AMENDED.  THE SALE OR OTHER
           DISPOSITION  OF  THE  SHARES IS PROHIBITED UNLESS THE COMPANY
           RECEIVES  AN  OPINION OF COUNSEL  SATISFACTORY  TO THE COMPANY
           AND ITS COUNSEL THAT SUCH SALE OR OTHER DISPOSITION CAN BE
           MADE  WITHOUT REGISTRATION UNDER THE SECURITIES ACT OF 1933.
           BY ACQUIRING THE SHARES REPRESENTED HEREBY THE HOLDER
           REPRESENTS THAT HE HAS ACQUIRED SUCH SHARES FOR INVESTMENT
           AND THAT HE WILL NOT SELL OR OTHERWISE DISPOSE OF THESE
           SHARES WITHOUT REGISTRATION OR OTHER COMPLIANCE WITH THE
           AFORESAID ACT AND THE RULES AND REGULATIONS THEREUNDER.";

      (h) FOR PARTNERSHIPS, CORPORATIONS, TRUSTS, OR OTHER ENTITIES
          ONLY: If the undersigned is a partnership, corporation,
          trust or other entity;

          (i) The undersigned has enclosed with this Agreement
           appropriate evidence of the authority of the individual
           executing this Agreement to act on its behalf (i.e., if a
           trust, a copy of the trust agreement; if a corporation, a
           certified corporation resolution authorizing the signature
           and a copy of the articles of incorporation; or if a
           partnership, a copy of the partnership agreement),

          (ii) The undersigned represents and warrants that it was not
          organized or reorganized for the specific purpose of
          acquiring Shares, and

          (iii) The undersigned has the full power and authority to
           execute this Subscription Agreement on behalf of
           such entity and to make the representations and
           warranties made herein on its behalf and this
           investment in the Company has been affirmatively
           authorized by the governing board of such entity and
           is not prohibited by the governing documents of the entity; and

          (iv)  The undersigned represents that he is an "accredited
          investor,"  as such term is defined in Rule 501 of
          Regulation D under the Act.

    The foregoing representations and warranties and undertakings, are
made  by the undersigned with the intent that they be relied  upon in
determining his suitability as a purchaser of the Shares and the
undersigned hereby agrees that such representations and warranties
shall survive his purchase of the Shares.  By executing this
Agreement, the undersigned represents that he has read and
acknowledged each of the representations set forth above.

    If more than one person is signing this Agreement, each
representation and warranty and undertaking made herein shall be a joint
and several representation, warranty or undertaking of  each such person.

    4.    Representations and Warranties of the Company.

     (a)   The Company has been duly and validly incorporated and is
           validly  existing and in good standing as a corporation under
           the laws of the State of Texas. The Company has all
           requisite power and authority, and all necessary
           authorizations, approvals and orders required as of the date
           hereof  to own  its properties and conduct its business as
           described in the Memorandum and to enter into this
           Subscription Agreement and to be bound by the provisions and
           conditions hereof.

    (b)    All corporate action required to be taken by the Company
           prior  to  all the issuance and sale of the Shares  has been,
           or prior to the Closing of the sale of the Shares, will have
           been taken; the Shares will conform to the descriptions
           thereof in the Memorandum; and the Shares, when  issued and
           sold in accordance with the Memorandum for the consideration
           expressed therein shall be duly and validly issued, and, in
           the case of the Common Stock, fully paid and nonassessable
           and free of preemptive rights. The Shares have been duly and
           validly authorized by proper corporate authority.

    5. Transferability. The undersigned agrees not to transfer or
assign this Agreement, or any portion of his interest herein, and
further agrees that the assignment and transfer of the Shares acquired
pursuant hereto shall be made only in accordance  with  all applicable laws.

    6. Revocation. The undersigned agrees that he may not cancel,
terminate or revoke this Agreement or any agreement of the undersigned
made hereunder and that this Agreement shall survive the death or
disability of the undersigned and shall be binding upon the
undersigned's heirs, executors, administrators, successors and assigns.

    7. No Waiver. Notwithstanding any of the representations,
warranties, acknowledgments or agreements made herein by the
undersigned,  the  undersigned does not hereby or in any other manner
waive any rights granted to him under Federal or state securities laws.

    8. Miscellaneous.

     (a)  All notices or other communications given or made hereunder
          shall be in writing and shall be delivered or mailed by
          registered or certified mail, return receipt requested,
          postage prepaid, to the undersigned at the address  set forth
          below or to the Company at the address set forth above.

    (b)   This Agreement shall be governed by and construed in
          accordance with the laws of the State of New Jersey.

     9.  Waiver of Suitability Standards. The Company reserves the right
to review the suitability of any person (or entity) as the Company
deems appropriate under applicable law.

    10. Continuing Effect of Representations, Warranties and
Acknowledgments.   The undersigned represents that representations and
warranties  contained in Section 3 hereof of the  undersigned  and the
Company   represents  that  the  representations  of  the  Company contained
in Section 4 hereof are true and accurate as of the date of this
Subscription Agreement and shall be true and accurate as of the
Closing  Date  and shall survive the Closing. If, in any  respect, such
representations, warranties and acknowledgments shall not be  true and
accurate  prior  to  the  Closing Date, the  undersigned,  or  the Company,
as  the  case may be, shall give immediate written notice of  such fact
to the Company, in the case of representations, warranties and
acknowledgments of the undersigned in the case of the representations,
warranties and acknowledgments of the Company, as applicable,
specifying which representations, warranties and  acknowledgments are
not true and accurate and the reasons therefor.

     11.   Registration  Rights.  If the Company  is  successfully acquired
by e*machinery.net, inc., then the Company and because of the
acquisition, e*machinery.net, inc., would be obligated to file a
Registration Statement on Form S-3 or Form SB-2 within ninety days
after Closing to register solely the 2,500,000 shares being sold
herewith.  Thereafter, the Company will use its best efforts to
effectuate the effectiveness of such a Registration Statement.  In
addition, if necessary, the Company shall give unlimited piggyback
registration rights.

    12.   Indemnification. The undersigned acknowledges that he
understands the meaning and legal consequences of the representations
and warranties contained in Section 3 hereof, and he hereby agrees to
indemnify  and  hold  harmless the Company and  its  officers  and directors
from and against any and all loss, damage or liability (including
costs  and reasonable attorney fees) due to or arising out of a breach
of any representation, warranty or acknowledgment of the undersigned
contained in this Subscription Agreement.

     It  is  understood  that  all documents, records and books pertaining
to this investment have been made available to the undersigned and his
attorney and/or accountant and that the books and records of the
Company will be available upon reasonable notice for inspection by
investors during reasonable business hours at its principal  place of
business.

    IN WITNESS WHEREOF, the undersigned has hereby executed this
Agreement this 24th day of March, 2000.

VIVIE MATTEOS                            /s/
Name of Subscriber (Print Name)           Authorized Signature of Subscriber

AGREED TO AND ACCEPTED BY:

E*MACHINERY, INC.

By:  /s/Arthur A. O'Shea
       Arthur A. O'Shea, III
       President and Chief Executive Officer

Dated: 3/24/00SUBSCRIPTION AGREEMENT

                           $.40 PER SHARE

e*machinery, inc.
1400 Medford Plaza
Medford, New Jersey 08055

Gentlemen:

    The undersigned acknowledges that he or she has received and
reviewed  a  copy  of the Confidential Offering  Memorandum  dated March 6,
2000 of e*machinery, inc., a Texas Corporation, (the "Company"),
including   the  exhibits  appended  thereto;  (the   Confidential Offering
Memorandum,  together with the exhibits thereto,  is  referred  to herein
as  the  "Memorandum").  The Memorandum  relates  to  the  private placement
of 2,500,000 shares of common stock (the "Shares") of the Company
being offered herewith. The Company is offering the Shares on the
terms and in the manner described in the Memorandum.

     It is understood that, upon the acceptance by the Company  of the
undersigned's  offer to purchase the number of  Shares  set  forth herein,
the undersigned will receive a copy of this executed Subscription
Agreement executed on behalf of the Company.

     1.  Subscription. Subject to the terms and conditions hereof, the
undersigned  hereby  irrevocably  subscribes  for  and  agrees  to purchase
450,000 Shares. Except as provided immediately below, the
undersigned tenders herewith a check (the "Check") in an amount of
$180,000.00, payable to the order of "Levy & Levy, P.A. Attorney
Trust Account". At the sole discretion of the Company, the Company may
allow less than 500,000 of shares to be purchased by an individual investor.

    The Check and this Subscription Agreement that is Exhibit A to the
Memorandum  should be delivered to Levy & Levy, Plaza 1000,  Suite 309,
Main  Street,  Voorhees,  New Jersey,  08043.  After  all  of  the 2,500,000
shares ($1,000,000) have been sold prior to the termination  date, a
Closing  shall occur upon receipt of good funds and acceptance  of the
undersigned's  offer to purchase the number of  Shares  set  forth herein
(the date on which the undersigned's offer to purchase shares is
accepted being the "Closing Date"). The Company must also deliver
stock  certificates  at  the  Closing.  If  this  subscription  is rejected by
the Company, the proceeds  in an amount  equal  to  the  amount tendered by
the investor shall be promptly returned in  full to the undersigned,
without  interest,  and this Agreement shall be rendered by the Company
null and void and of no further force or effect.

    2. Acceptance of Subscription. The undersigned understands and
agrees  that  this subscription is made subject to the following terms
and conditions:
      (a)   The Company shall have the right to reject this
            subscription, in whole or in part; and

      (b)   The Company shall have no obligation to accept subscriptions
            for Shares in the order received.

    3. Representations and Warranties of the Undersigned.

     The undersigned understands that the Shares are being offered and
sold pursuant to the exemption from registration provided for in
Section  4(2)  of  the Securities Act of 1933, as amended, (the "Act"),
and Rule  506 of Regulation D promulgated thereunder.  The undersigned
further understands that he is purchasing the Shares without being
furnished any offering literature or prospectus other than the
Memorandum,  that no documents relating to this private  placement as
such  have  been  filed  with or reviewed by  the  Securities  and Exchange
Commission or by any administrative agency charged with the
administration of the securities laws of any state. All documents,
records and books pertaining to this investment have been made
available to the undersigned and his representatives, including
without  limitation his attorney and/or his accountant,  and  that the
books and records of the Company will be available upon reasonable
notice  for  inspection  by investors during  reasonable  business hours at
its  principal  place  of  business. In addition  the  undersigned hereby
represents and warrants as follows:

    (a)   The undersigned (X) if an individual (I) is a citizen of the
          United States, and at least 21 years of age, and (ii) is a
          bonafide permanent resident of and is domiciled in  the State
          set  forth  on  the signature page hereof  and  has  no present
          intention of becoming a resident of any other State or
          jurisdiction, or (Y) if a partnership, trust, corporation or
          other entity, has a principal place of business and is
          domiciled  in  the State as set forth on the  signature page
          thereof and has no present intention of changing its
          principal place of business or its domicile to any other
          state or jurisdiction;

    (b)   The undersigned has read and fully considered the
          section in the Memorandum Entitled "Risk Factors" and
          understands that shares are extremely speculative
          investments with a high degree of risk of loss, and
          there will be no public market for the Shares and it
          may not be possible to liquidate an investment in the
          Shares; Common stock has not been registered under the
          Act or State Securities Laws and may not be sold until
          such Common Stock is registered under the Act or an
          exemption from such registration is available.

    (c)   The undersigned is able (I) to bear the economic risk
          of this investment, (ii) to hold the Shares
          indefinitely, and (iii) presently to afford a complete
          loss of this investment; the undersigned has adequate
          means of providing for current needs and personal
          contingencies, and has no need for liquidity in this
          investment;

    (d)   The undersigned has such knowledge and experience in
          financial and business matters that he/she is capable
          of evaluating the merits and risks of an investment in
          the Shares and of making informed investment decision;

    (e)   The undersigned confirms that, in making his decision
          to purchase the Shares, he/she has relied solely upon
          independent investigations made by him/her and/or by
          his/her representatives, including his own professional
          tax and other advisors, and that he and such
          representatives and advisors have been given the
          opportunity to ask questions of, and to receive answers
          from, officers of the Company and Counsel to the
          Company concerning the terms and conditions of this
          offering, and to obtain any additional information, to
          the extent such persons possess such information or can
          acquire it without unreasonable effort or expense,
          necessary to verify the accuracy of the information set
          forth in the Memorandum;

    (f)   The Shares hereby subscribed for are being acquired by
          the undersigned In good faith solely for his/her own
          personal account, for investment purposes only, and are
          not being purchased for resale, resyndication,
          distribution, subdivision or fractionalization thereof;
          the undersigned has no contract or arrangement with any
          person to sell, transfer or pledge to any person the
          Shares or any part thereof, any interest therein or any
          rights thereto; the undersigned has no present plans to
          enter into any such contract or arrangement; and he/her
          understands that as a result he/she must bear the
          economic risk of the investment for an indefinite
          period of time because the Shares have not been
          registered under the Act and, therefore, cannot be sold
          unless they are subsequently registered under the Act
          or an exemption from such registration under the Act is
          available.

     (g)    The undersigned consents to the placement of a legend, until
          the shares are registered, on the stock certificates
           evidencing  the  Shares being purchased,  which  legend shall be
          in a form substantially as follows:

           "THE  SHARES REPRESENTED BY THIS CERTIFICATE  HAVE  NOT BEEN
           REGISTERED WITH THE SECURITIES AND EXCHANGE  COMMISSION UNDER
           THE  SECURITIES ACT OF 1933, AS AMENDED.  THE  SALE  OR OTHER
           DISPOSITION  OF  THE  SHARES IS PROHIBITED UNLESS THE COMPANY
           RECEIVES  AN  OPINION OF COUNSEL  SATISFACTORY TO THE COMPANY
           AND ITS COUNSEL THAT SUCH SALE OR OTHER DISPOSITION CAN BE
           MADE  WITHOUT REGISTRATION UNDER THE SECURITIES ACT  OF 1933.
           BY ACQUIRING THE SHARES REPRESENTED HEREBY THE HOLDER
           REPRESENTS THAT HE HAS ACQUIRED SUCH SHARES FOR INVESTMENT
           AND THAT HE WILL NOT SELL OR OTHERWISE DISPOSE OF THESE
           SHARES WITHOUT REGISTRATION OR OTHER COMPLIANCE WITH THE
           AFORESAID ACT AND THE RULES AND REGULATIONS THEREUNDER.";

      (h)  FOR PARTNERSHIPS, CORPORATIONS, TRUSTS, OR OTHER ENTITIES
           ONLY: If the undersigned is a partnership, corporation,
           trust or other entity;

          (i) The undersigned has enclosed with this Agreement
           appropriate evidence of the authority of the individual
           executing this Agreement to act on its behalf (i.e., if a
           trust, a copy of the trust agreement; if a corporation, a
           certified corporation resolution authorizing the signature
           and a copy of the articles of incorporation; or if a
           partnership, a copy of the partnership agreement),

          (ii) The undersigned represents and warrants that it was not
          organized or reorganized for the specific purpose of
          acquiring Shares, and

          (iii)  The undersigned has the full power and authority to
          execute this Subscription Agreement on behalf of
          such entity and to make the representations and
          warranties made herein on its behalf and this
          investment in the Company has been affirmatively
          authorized by the governing board of such entity and
          is not prohibited by the governing documents of the
          entity; and

    (iv)  The undersigned represents that he is an "accredited
          investor,"  as such term is defined in Rule 501 of
          Regulation D under the Act.

    The foregoing representations and warranties and undertakings, are
made  by the undersigned with the intent that they be relied  upon in
determining his suitability as a purchaser of the Shares and the
undersigned hereby agrees that such representations and warranties
shall survive his purchase of the Shares.  By executing this
Agreement, the undersigned represents that he has read and
acknowledged each of the representations set forth above.

    If more than one person is signing this Agreement, each representation
and warranty and undertaking made herein shall be a joint and several
representation, warranty or undertaking of  each such person.

    4.    Representations and Warranties of the Company.

     (a)  The Company has been duly and validly incorporated  and is
          validly  existing and in good standing as a corporation under
          the laws of the State of Texas. The Company has all
          requisite power and authority, and all necessary
          authorizations, approvals and orders required as of the date
          hereof  to own  its properties and conduct its business as
          described in the Memorandum and to enter into this
          Subscription Agreement and to be bound by the provisions and
          conditions hereof.

    (b)   All corporate action required to be taken by the Company
          prior  to  all the issuance and sale of the Shares  has been,
          or prior to the Closing of the sale of the Shares, will have
          been taken; the Shares will conform to the descriptions
          thereof in the Memorandum; and the Shares, when  issued and
          sold in accordance with the Memorandum for the consideration
          expressed therein shall be duly and validly issued, and, in
          the case of the Common Stock, fully paid and nonassessable
          and free of preemptive rights. The Shares have been duly and
          validly authorized by proper corporate authority.

    5. Transferability. The undersigned agrees not to transfer or assign
this Agreement, or any portion of his interest herein, and further agrees
that the assignment and transfer  of  the  Shares acquired pursuant hereto
shall be made only in accordance with all applicable laws.

    6. Revocation. The undersigned agrees that he may not cancel,
terminate or revoke this Agreement or any agreement of the undersigned
made hereunder and that this Agreement shall survive the death or
disability of the undersigned and shall be binding upon the
undersigned's heirs, executors, administrators, successors and assigns.

    7. No Waiver. Notwithstanding any of the representations,
warranties, acknowledgments or agreements made herein by the
undersigned,  the  undersigned does not hereby  or  in  any  other manner
waive any rights granted to him under Federal or state securities laws.

    8. Miscellaneous.

     (a)  All  notices  or other communications  given  or  made hereunder
          shall be in writing and shall be delivered or mailed by
          registered or certified mail, return receipt requested,
          postage prepaid, to the undersigned at the address  set forth
          below or to the Company at the address set forth above.

    (b)   This Agreement shall be governed by and construed in
          accordance with the laws of the State of New Jersey.

     9.  Waiver of Suitability Standards. The Company reserves the right
to review the suitability of any person (or entity) as the Company
deems appropriate under applicable law.

    10. Continuing Effect of Representations, Warranties and
Acknowledgments.   The undersigned represents that representations and
warranties  contained in Section 3 hereof of the  undersigned  and the
Company   represents  that  the  representations  of  the  Company contained
in Section 4 hereof are true and accurate as of the date of this
Subscription Agreement and shall be true and accurate as of the
Closing  Date  and shall survive the Closing. If, in any  respect, such
representations, warranties and acknowledgments shall not be  true and
accurate  prior  to  the  Closing Date, the  undersigned,  or  the Company,
as  the  case may be, shall give immediate written notice of  such fact
to the Company, in the case of representations, warranties and
acknowledgments of the undersigned in the case of the representations,
warranties and acknowledgments of the Company, as applicable,
specifying  which representations, warranties and  acknowledgments are
not true and accurate and the reasons therefor.

     11.   Registration  Rights.  If the Company is successfully acquired
by e*machinery.net, inc., then the Company and because of the
acquisition, e*machinery.net, inc., would be obligated to file a
Registration Statement on Form S-3 or Form SB-2 within ninety days
after Closing to register solely the 2,500,000 shares being sold
herewith.  Thereafter, the Company will use its best efforts to
effectuate the effectiveness of such a Registration Statement.  In
addition, if necessary, the Company shall give unlimited piggyback
registration rights.

    12.   Indemnification. The undersigned acknowledges that he
understands the  meaning and legal consequences of the representations
and warranties contained in Section 3 hereof, and he hereby agrees to
indemnify  and  hold  harmless the Company and  its  officers  and directors
from and against any and all loss, damage or liability (including
costs  and reasonable attorney fees) due to or arising  out of a breach
of   any   representation,  warranty  or  acknowledgment  of the undersigned
contained in this Subscription Agreement.

     It is understood that all documents, records and books pertaining
to this investment have been made available to the undersigned and his
attorney and/or accountant and that the books and records of the Company
will be available upon reasonable notice for inspection by investors
during reasonable business hours at its principal  place of business.

    IN WITNESS WHEREOF, the undersigned has hereby executed this
Agreement this 24th day of March, 2000.

CHIVAS HOLDINGS                          /s/
Name of Subscriber (Print Name)           Authorized Signature  of
                                          Subscriber
AGREED TO AND ACCEPTED BY:

E*MACHINERY, INC.

By:  /s/Arthur A. O'Shea
       Arthur A. O'Shea, III
       President and Chief Executive Officer

Dated: 3/24/00

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00015-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00015-of-00352.parquet"}]]