Document:

EXHIBIT 10.5

                             SUBSCRIPTION AGREEMENT

Express Systems Corporation
114 W. Magnolia Street, Suite 446
Bellingham, WA 98225

Gentlemen:

         The  Subscriber  ("Subscriber")  desires  to  become a  shareholder  in
Express  Systems  Corporation,  a Nevada  corporation  ("Company"),  and  hereby
subscribes for __________ shares of the Company's common stock, $0.001 par value
(collectively,  "Shares"),  which  are more  fully  described  in the  Company's
prospectus dated [_______],  2004 ("Prospectus"),  upon the terms and conditions
set forth  below.  The  Subscriber  acknowledges  that the, (a) Shares are being
offered  for a period  (the  "Offering  Period")  commencing  on the date of the
Prospectus and terminating March 31, 2004, (b) all subscription  proceeds of the
Offering,  including the funds representing the Subscription Amount as that term
is defined in this Agreement, will be deposited in a non-interest bearing escrow
account (the "Escrow Account") maintained Rubin,  Bailin,  Ortoli, Mayer & Baker
LLP at Citibank,  N.A. in the name of "Rubin,  Bailin, Ortoli, Mayer & Baker LLP
as Escrow  Agent," (c) unless the aggregate  principal  amount of $200,000.00 is
subscribed to, paid for and accepted  during the Offering  Period,  the Offering
will terminate and all subscription funds,  including the funds representing the
Subscription Price, will be promptly refunded to the subscribers,  including the
Subscriber,  in full,  without  interest or  deduction,  (d) the  Offering  will
terminate  upon the  earlier of (i) the close of business on the last day of the
Offering Period,  (ii) the acceptance by the Company of subscriptions for in the
aggregate  principal  amount of  $200,000 or (iii) such  earlier  date as may be
determined  by the  Company,  and (e) (i) the  event  that (A) the  Offering  is
withdrawn  pursuant  to this  Agreement,  (B) the  Company  does not receive and
accept subscriptions,  including this Subscription, to purchase commons stock in
the aggregate  principal amount of $200,000 during the Offering  Period,  or (C)
the  Subscription  is rejected for any reason  whatsoever,  then this  Agreement
shall  automatically  become null and void,  except that the Subscription  Price
shall be promptly returned to the Subscriber, without interest or deduction, and
(ii) in all other events,  on the date on which the  Subscription is accepted by
the Company (the  "Subscription  Acceptance  Date"),  the funds representing the
Subscription  Price, to the extent the  Subscription is accepted by the Company,
and the funds representing  subscriptions made by others whose  subscriptions to
purchase  common  stock  are  accepted  by  the  Company  on  such  Subscription
Acceptance Date, shall be released from the Escrow Account to the Company. It is
further  understood  and, by the Company's  acceptance of the  Subscription  the
Company is deemed to have agreed,  that the Company will  designate the date for
the initial  closing  ("Closing")  of the Offering.  The Closing will be held on
such date (the "Closing Date")  designated by the Company.  On the Closing Date,
the subscription  funds for the aggregate  purchase price for Shares  subscribed
for by the  investors  and  accepted  by the Company on such  Closing  Date will
become  available for use by the Company,  net of the  reimbursement of expenses
with respect to the subscriptions  accepted at the Closing;  provided,  however,
that the Closing shall not occur unless the Company accepts  subscriptions for a
minimum of $200,000.00.

                  The  Subscription  is subject to and is made  pursuant  to the
following terms and conditions:

     1. The Subscriber hereby delivers a check drawn to the order of the Company
in the  amount of  $__________  ("Subscription  Price"),  which  the  Subscriber
agrees, subject to the escrow provisions found in this Agreement,  to contribute
to the capital of the Company,  representing the aggregate purchase price of the
Shares  subscribed for above at the  subscription  price of $0.50 per share. The
Subscriber acknowledges that this Agreement is contingent in whole or in part on
the Company's acceptance of this Agreement.

     2. The Subscriber acknowledges and represents as follows:

          (a) That the Subscriber has received the Prospectus;

<PAGE>

          (b)  That the  Subscriber  is able to bear  the  economic  risk of the
investment in the Shares;

          (c) That the Subscriber has such knowledge and experience in financial
and business  matters so as to be capable of evaluating  the merits and risks of
the prospective investment in the Shares and has the net worth to undertake such
risks; and

          (d) That the Subscriber  believes that the investment in the Shares is
suitable based upon the Subscriber's  investment objectives and financial needs,
and the Subscriber has adequate means for providing for current  financial needs
and personal  contingencies  and has no need for  liquidity of  investment  with
respect to the Share if a market does not develop.

     3. The  Subscriber  represents and warrants that he is a bona fide resident
of, and is domiciled  in,  ___________________________________________  and that
the  Shares  are being  purchased  solely  for the  beneficial  interest  of the
Subscriber.

     4. The Subscriber is informed of the  significance  to you of the foregoing
representations  and they are made  with the  intention  that you will rely upon
them.

     5. The Shares are to be owned and should be registered  as follows  (please
print):

         Names
                ----------------------------------------------------------------

( ) (a) A single person
( ) (b) Husband and wife,  as tenants in the entirety
( ) (c) Joint  Tenants
( ) (d) Tenants in Common
( ) (e) A married  (man)(woman)  as  (his)(her)  separate property
( ) (f) Corporation
( ) (g) Trust:

     (1) Trustee(s) ____________________________________________________________

     (2) Trust date ____________________________________________________________

     (3) Name of Trust _________________________________________________________

     (4) For the benefit of ____________________________________________________

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

(  ) (h) Custodian:

         A custodian for _______________________________________________________

         under the Uniform Gift to Minors Act of the State of

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

<PAGE>

(  ) (i) Other _________________________________________________________________

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

         -----------------------------------------------------------------------
                                  (please explain)

In order to facilitate processing of your subscription,  please be sure you have
completed each of the following:

     A.   Check made out to "Express Systems Corporation"

     B.   Enter   number  of  Shares  and  total  cash   contribution   on  this
          Subscription  Agreement,  and make sure you check the correct  form of
          ownership in Section 5 above.

     C.   In Section 3 above, enter the state in which you are a legal resident.

     D.   If the securities are to be owned in the name of more than one person,
          each co-owner must sign.

I declare that the foregoing is true and correct.

Dated: ___________________, 2004.

X___________________________________________
Signature of "Subscriber" (see Note D above)

Current residence address of Subscriber: _______________________________________
_____________________________________________ Zip Code ___________________

Mailing address (if different) _________________________________________________
Social Security or Taxpayer I.D. No. ___________________________________________
Telephone number: (______) _____________________________________________________

X ___________________________________________
Signature of "Co-Subscriber" (see Note D above)

Current residence address of Co-Subscriber: ____________________________________
_____________________________________________ Zip Code ___________________

Mailing address (if different) _________________________________________________
Social Security or Taxpayer I.D. No. ___________________________________________
Telephone number: (______) _____________________________________________________

FOR COMPANY USE ONLY:

         Fund and subscription accepted:
         EXPRESS SYSTEMS CORPORATION

         By:
            ---------------------------------
            Title:

         Date: ______________________________END OF FILING

                                  EXHIBIT 10.61

                                                               December 26, 2003

Phone 1, Inc.
100 North Biscayne Blvd, Suite 2500
Miami, Florida 33132
Attention: Mr. Syed Naqvi, CFO

Ladies and Gentleman:

         We are pleased to confirm that we are extending to you an Overdraft
Facility of up to an aggregate amount of $3,000,000 (the "Amount") outstanding
at any one time (the "Overdraft Facility"), which Overdraft Facility may be used
by your company for operating expenses. The Amount of the Overdraft Facility
shall be inclusive of the sum of $1,200,000 which was already drawdown by you
prior to the date hereof. This Overdraft Facility shall be available to you in
the Account No. [ ] (the "Account") at our bank on the date hereof. This
Overdraft Facility is subject to the terms and provisions set forth herein.

         The Amount shall be evidenced by a single promissory note of your
company in the form of Exhibit A hereto, dated as of the date hereof, payable to
our bank in a principal amount equal to $3,000,000, under which we, subject to
the terms and conditions of this Overdraft Facility, shall make available the
Overdraft Facility to your company.

         Borrowings (drowdowns) under this Overdraft Facility may be made from
time to time and shall be repayable, inclusive of interest and fees thereon, on
demand. You hereby acknowledge that prior to the date hereof you have drawdown
the sum of $1,200,000 from the Overdraft Facility.

         Any amounts outstanding on the Overdraft Facility shall bear interest
at a rate per annum equal to 12% (the "Interest Rate"). The interest shall be
payable quarterly. Notwithstanding anything contained herein to the contrary,
you shall maintain an amount equal to the interest due on the outstanding
balance of the borrowings (drowdowns) in the Account.

         All payments of principal, interest, and fees payable by you under this
Overdraft Facility shall be payable in lawful money of the United States of
America. You hereby, specifically grant to us the authority and right to take
amounts when due for any borrowings (drowndowns) under this Overdraft Facility,
interest or fees, from the Account and you agree you shall sign any
authorizations or other documentation, which we may require to take for such
actions.

         You shall have the right, at any time or from time to time, without
premium or penalty, to prepay all or part of the unpaid principal amount of the
outstanding borrowings (drowdowns) hereunder together with interest accrued on
the amount prepaid to the date of any such prepayment.

         This Overdraft Facility may be utilized by the company for a period of
one year ending on December 27, 2004; provided however that, WE IN OUR SOLE
DISCRETION MAY DEMAND PAYMENT AND TERMINATE THIS OVERDRAFT FACILITY AT ANY TIME.

         All payments under this Overdraft Facility shall be made without
deduction or withholding for and free and clear of any taxes, levies, imposts or
duties of any nature, present or future, unless such deduction or withholding is
required by law, in which event the undersigned shall pay such additional
amounts as shall result in the recipients of such amounts as would have been
received by it hand no such deduction or withholding been required.

         You hereby agree to pay us on demand all fees, costs and expenses, if
any (including reasonable counsel fees and expenses), in connection with the
collection or enforcement (whether through negotiations, legal proceedings or
otherwise) of this Overdraft Facility.

         All notices, requests and other communications hereunder must be in
writing and delivered personally against written receipt, by facsimile
transmission with answer back confirmation or mailed by overnight (or in the
case of notices being sent or delivered outside the United States, second day)
courier prepaid, at the following addresses or facsimile numbers:

<PAGE>

                  If to Phone 1, Inc to:

                  Phone 1, Inc.
                  100 North Biscayne Blvd, Suite 2500
                  Miami, Florida, 33132
                  Attn: Mr. Syed Naqvi
                  Fax: (305) 371-6540

                  If to our bank, to:

                  GNB Bank Panama S.A
                  Calle Manuel Maria de Icaza 19
                  Area Bancaria - Apartado 4213
                  Ciudad de Panama, Panama.
                  Attn: Magda Rodriguez
                  Fax: (011-507) 215-7560

         All such notices, requests and other communications will (i) if
delivered personally to the address as above provided, be deemed given upon
delivery, (ii) if delivered by facsimile transmission to the applicable
facsimile number as above provided, be deemed given upon receipt, (iii) if
delivered by courier to the address provided, be deemed given on the earlier of
the first business day (second business day in the case of notices given or sent
outside the United States) following the date sent by such courier or upon
receipt (in each case regardless of whether such notice, request or other
communication is received by any other person to whom a copy of such notice is
to be delivered). You may from time to time change your address, facsimile
number or other information for the purpose of notices to you by giving notice
to us specifying such change at least ten (10) business days prior to the
effective date of such notice. Business Days under this Overdraft Facility means
any day other than Saturday, Sunday or any day on which banking institutions in
the Republic of Panama are authorized or obligated by law or administrative
orders to close.

         THIS OVERDRAFT FACILITY SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT
TO ANY CHOICE OF LAW OR CONFLICT OF LAW PROVISION OR RULE.

         IN ANY ACTION, SUIT, OR PROCEEDING, IN RESPECT OF OR ARISING OUT OF
THIS OVERDRAFT FACILITY, YOU AND OUR BANK MUTUALLY WAIVE, TO THE FULLEST EXTENT
PERMITTED BY LAW, TRIAL BY JURY AND ANY CLAIM FOR CONSEQUENTIAL, PUNITIVE OR
SPECIAL DAMAGES.

         All computations of interest hereunder shall be made on the basis of a
year of 360 days for the actual number of days (including the first day but
excluding the last day) occurring in the period for which such interests are
payable.

THIS NOTE MAY NOT BE TRANSFERRED, SOLD, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT
IN ACCORDANCE WITH ALL APPLICABLE FEDERAL AND STATE SECURITIES LAWS.

<PAGE>

                                      NOTE

                                                               $3,000,000
                                                               New York, NY
                                                               December 26, 2003

                  FOR VALUE RECEIVED, Phone 1 Inc., a Florida corporation (the
"Borrower"), having a principal office at 100 North Biscayne Blvd, Suite 2500,
Miami, Florida 33132 hereby promises to pay to the order of GNB Bank Panama S.A.
("Lender") on demand, at Calle Manuel Maria de Icaza 19, Area Bancaria -
Apartado 4213, Panama City, Republic of Panama, or such other place (the
"Office"), as may be designated by the Lender in a written notice given to the
Borrower, in lawful money of the United Sates of America in New York Clearing
House funds, the principal sum of Third Million ($3,000,000.00) United States
Dollars (the "Principal Amount").

                  Capitalized terms used herein but not defined shall have the
meanings ascribed to them in the Overdraft Facility, dated as of the date
hereof, between the Borrower and the Lender.

                  The Borrower promises also to pay interest on the unpaid
Principal Amount in like money at said Office from the date hereof until paid or
upon demand at a rate per annum equal to 12%. Interest on the Principal Amount
shall be paid quarterly by Borrower. Any interest due under this Note may be
offset by the Lender as against any funds of the Borrower on deposit at the
Lender, if any.

                  In the event that the Lender exercises its right to demand
payment to with respect to only a portion of the outstanding Principal Amount
and/or accrued interest under this Note, that portion of the Principal Amount
not so exercised shall continue to accrue interest and shall be repayable by the
Borrower in accordance with the terms hereof and the Borrower shall issue a new
promissory note to the Lender in substantially the form of the surrendered Note,
in an aggregate principal amount equal to the remaining unpaid principal balance
of the surrendered Note.

                  All payments under this Note shall be made without deduction
or withholding for and free and clear of any taxes, levies, imposts or duties of
any nature, present or future, unless such deduction or withholding is required
by law, in which event the undersigned shall pay such additional amounts as
shall result in the recipients of such amounts as would have been received by it
hand no such deduction or withholding been required.

                  The Borrower shall pay on demand all losses, costs and
expenses, if any (including reasonable counsel fees and expenses), in connection
with the collection or enforcement (whether through negotiations, legal
proceedings or otherwise) of this Note.

                  The Borrower hereby waives presentment, demand, protest or
notice of any kind in connection with this Note.

                  No failure on the part of Lender to exercise, and no delay in
exercising, any right hereunder shall operate as a waiver thereof; nor shall any
single or partial exercise of any right hereunder preclude any other or further
exercise thereof or the exercise of any other right. The remedies herein
provided are cumulative and not exclusive of any remedies provided by law.

                  This Note, having been signed in the State of New York, shall
be governed by and construed in accordance with the laws of the State of New
York, United States of America, without regard to conflict of law principles.

                  Any proceedings with respect to the interpretation of this
Note or the rights of the Lender and obligations of the undersigned shall be
exclusively brought in the United States District Court for the Southern
District of New York or, if such court lacks subject matter jurisdiction, in the
Supreme Court of the State of New York, County of New York and the undersigned
waives the right to object to the jurisdiction or venue of either such Court or
to claim it is inconvenient forum.

PHONE 1 INC.

By:____________________________
Name:
Title:

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