Document:

EXHIBIT 10.3
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                                SCHEDULE 2.10(F)
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                          REGISTRATION RIGHTS AGREEMENT
                          -----------------------------

           THIS REGISTRATION RIGHTS AGREEMENT (this "Agreement"), is made and
entered into as of December 31, 2001, by and among WestCoast Hospitality
Corporation, a Washington corporation (the "Company") and Doubletree
Corporation, a Delaware corporation ("Doubletree").

                                    RECITALS

           WHEREAS, the Company, Doubletree and Hilton Hotels Corporation, a
Delaware corporation, are parties to that certain Purchase Agreement dated as of
December 21, 2001 (the "Purchase Agreement"), pursuant to which Doubletree has
acquired 303,771 shares of the Company's Series B Preferred Stock (the "Series B
Shares"); and

           WHEREAS, in connection with the purchase and sale of the Series B
Shares, the Company has agreed, on the terms and conditions set forth herein, to
register the Series B Shares as set forth below.

           NOW, THEREFORE, in consideration of the mutual covenants and
agreements herein contained, and intending to be legally bound hereby, the
parties hereto hereby agree as follows:

            1. Definitions.

           For purposes of this Agreement, the following terms have the
following meanings when used herein with initial capital letters:

           "Demand Notice" shall have the meaning set forth in Section 3 hereof.

           "Demand Registration" shall have the meaning set forth in Section 3
hereof.

           "Notice" shall have the meaning set forth in Section 2 hereof.

           "Piggyback Registration" shall have the meaning set forth in Section
2 hereof.

           "Prospectus" shall mean the prospectus included in any Registration
Statement (including without limitation a prospectus that discloses information
previously omitted from a prospectus filed as part of an effective Registration
Statement in reliance upon Rule 430A promulgated under the Securities Act), as
amended or supplemented by any prospectus supplement, with respect to the terms
of the offering of any portion of the Registrable Securities covered by such
Registration Statement and all other amendments and supplements to the
prospectus, including post-effective amendments, and any
<PAGE>

material incorporated by reference or deemed to be incorporated by reference in
such Prospectus.

           "Registrable Securities" shall mean the Series B Shares, net of any
such shares that are returned to the Company pursuant to the purchase price
adjustment provisions of the Purchase Agreement, plus any other securities
issued or issuable with respect to the Series B Shares by way of a stock
dividend or stock split or in connection with an exchange or combination of
shares, recapitalization, merger, consolidation or other reorganization

           "Registration Expenses" shall have the meaning set forth in Section 5
hereof.

           "Registration Statement" shall mean any registration statement of the
Company under the Securities Act that covers any of the Registrable Securities
pursuant to the provisions of this Agreement, including the related Prospectus,
all amendments and supplements to such registration statement (including
post-effective amendments), all exhibits and all material incorporated by
reference or deemed to be incorporated by reference in such registration
statement.

           "Rule 145" shall mean Rule 145 promulgated by the SEC under the
Securities Act, as such rule may be amended from time to time, or any similar
rule or regulation hereafter adopted by the SEC.

           "SEC" shall mean the Securities and Exchange Commission.

           "Securities Act" shall mean the Securities Act of 1933, as amended.

           "Underwritten Offering" shall mean a sale of securities of the
Company to an underwriter for re-offering to the public pursuant to a
Registration Statement.

            1. Piggyback Registration.

                     (a) Right to Piggyback. If, at any time after January 1,
2003 and during the term of this Agreement, the Company proposes to file a
registration statement under the Securities Act with respect to a primary or
secondary offering of any of its securities pursuant to a registration statement
on which it is permissible to register the Registrable Securities for sale to
the public under the Securities Act (other than a registration statement (i) on
Form S-4, S-8 or any successor form thereto, (ii) filed in connection with an
exchange offer, Rule 145 or an offering of securities solely to the Company's
existing shareholders, or (iii) filed in connection with an offering made solely
to employees of the Company), then the Company will give prompt written notice
(the "Notice") of such proposed filing to Doubletree. Such notice will offer
Doubletree the opportunity to register on such registration statement (a
"Piggyback Registration") such number of Registrable Securities as Doubletree
may request ("Piggyback Rights"). Such request must be received at the offices
of the Company within ten (10) business days of mailing the Notice. Subject to
Section 2(b) hereof, the Company will use its reasonable best efforts to include
in such Piggyback Registration all Registrable Securities that Doubletree has so
requested to be included in the Registration Statement; provided,
<PAGE>

however, if, at any time after giving written notice of its intention to
register securities and prior to the effective date of the Registration
Statement filed in connection with such registration, the Company shall
determine for any reason not to proceed with the registration, the Company may,
at its election, give written notice of such determination to Doubletree, and
thereupon, shall be relieved of its obligation to register any Registrable
Securities in connection with such registration. If such registration involves
an Underwritten Offering, Doubletree must sell its Registrable Securities to the
underwriters on the same terms and conditions as apply to the Company, with such
differences as may be customary or appropriate in combined primary and secondary
offerings.

                     (b) Expenses. The Company will pay all Registration
Expenses incurred by the Company in connection with registration of its
Registrable Securities and will not charge Doubletree a pro rata portion of such
expenses incurred by the Company even though Registrable Securities held by
Doubletree are included in such registration under the Piggyback Rights;
provided, however, that the Company will pay no portion of any Registration
Expenses incurred by Doubletree or underwriting discount or selling commission
attributable to the Registrable Securities of Doubletree.

            2. Demand Registration.

                     (a) Request for Registration. Doubletree will have the
right (the "Demand Right") exercisable by written notice delivered to the
Company (a "Demand Notice") to require the Company to register (a "Demand
Registration") Registrable Securities under and in accordance with the
provisions of the Securities Act on an unlimited number of occasions, provided,
however, that the Demand Notice shall specify that at least 50,000 Registrable
Securities are to be registered and that the Demand Registration shall be an
Underwritten Offering; and provided, further, that the Company shall not be
obligated to register Registrable Securities pursuant to the exercise of Demand
Rights on more than one occasion unless the Company is eligible to satisfy its
obligations pursuant to this Section 3(a) by registering the Registrable
Securities on Form S-3. In an Underwritten Offering under this Section 3(a),
Doubletree shall have the right to select the investment banker or underwriter,
which shall be subject to the reasonable approval of the Company.

                     (b) Filing and Effectiveness. The Company will use its
reasonable best efforts to file a Registration Statement relating to a Demand
Registration for any Registrable Securities as soon as reasonably practicable
and will use reasonable efforts to cause the same to be declared effective by
the SEC within 120 calendar days.

                     (c) Postponement and Termination of Demand Registration.
The Company will be entitled to postpone the filing period of any Demand
Registration for a reasonable period of time, not to exceed one hundred eighty
(180) days, if the Company determines, in the good faith exercise of the
judgment of its Board of Directors, that such registration and offering could
have a material adverse effect on the Company's business, prospects or financial
condition. If the Company postpones the filing of a Registration Statement, it
will promptly notify Doubletree in writing when events or circumstances
<PAGE>

permitting such postponement have ended in the exercise of the good faith
judgment of its Board of Directors and then proceed with the Demand
Registration.

                     (d) Expenses. The Company will pay all Registration
Expenses incurred by the Company in connection with registration of its
Registrable Securities and will not charge Doubletree a pro rata portion of such
expenses incurred by the Company even though Registrable Securities held by
Doubletree are included in such registration under the Demand Rights; provided,
however, that the Company will pay no portion of any Registration Expenses
incurred by Doubletree or underwriting discount or selling commission
attributable to the Registrable Securities of Doubletree.

            3. Registration Procedures.

                     (a) If and whenever the Company is required to use its
reasonable best efforts to effect or cause the registration of any Registrable
Securities under the Securities Act as provided in this Agreement, the Company
will:

                               (i) prepare and file with the SEC a Registration
Statement with respect to such Registrable Securities and use its reasonable
best efforts to cause such Registration Statement to become effective; provided,
however, that the Company may discontinue any registration of its securities
that is being effected pursuant to Section 2 at any time prior to the effective
date of the Registration Statement relating thereto;

                               (ii) prepare and file with the SEC such
amendments and supplements to such Registration Statement and the Prospectus
used in connection therewith as may be necessary;

                               (iii) furnish to Doubletree such number of copies
of such Registration Statement and of each amendment and supplement thereto (in
each case including all exhibits), such number of copies of the Prospectus
included in such Registration Statement (including each preliminary Prospectus
and summary Prospectus), in conformity with the requirements of the Securities
Act, and such other documents as Doubletree may reasonably request in order to
facilitate the disposition of the Registrable Securities by Doubletree;

                               (iv) use its reasonable best efforts to register
or qualify such Registrable Securities covered by such Registration Statement
under such other securities or blue sky laws of such jurisdictions as Doubletree
reasonably requests, and do any and all other acts and things that may be
reasonably necessary or advisable, except that the Company shall not for any
such purpose be required to qualify generally to do business as a foreign
corporation in any jurisdiction where, but for the requirements of this clause
(iv), it would not be obligated to be so qualified, to subject itself to
taxation in any such jurisdiction, or to consent to general service of process
in any such jurisdiction;

                               (v) use its reasonable best efforts to cause such
Registrable Securities covered by such Registration Statement to be registered
with or approved by such other governmental agencies or authorities as may be
necessary to enable Doubletree to consummate the disposition of such Registrable
Securities;
<PAGE>

                               (vi) notify Doubletree, within the required time
period under the Securities Act, of the Company's becoming aware that the
Prospectus included in such Registration Statement, as then in effect, includes
an untrue statement of a material fact or omits to state a material fact
required to be stated therein or necessary to make the statements therein not
misleading in the light of the circumstances then existing, and at the request
of Doubletree, prepare and furnish to Doubletree a reasonable number of copies
of an amended or supplemented Prospectus as may be necessary so that, as
thereafter delivered to the purchasers of such Registrable Securities, such
Prospectus shall not include an untrue statement of a material fact or omit to
state a material fact required to be stated therein or necessary to make the
statements therein not misleading in the light of the circumstances then
existing;

                               (vii) otherwise use its reasonable best efforts
to comply with all applicable rules and regulations of the SEC; and

                               (viii) enter into such customary agreements
(including an underwriting agreement in customary form) and take such other
actions as Doubletree or the underwriters, if any, reasonably request in order
to expedite or facilitate the disposition of such Registrable Securities.

                     (b) The Company may require Doubletree to furnish the
Company with such information pertinent to the disclosure requirements relating
to the registration and the distribution of such securities as the Company may
from time to time reasonably request in writing.

                     (c) Doubletree agrees that, upon receipt of any notice from
the Company of the happening of any event of the kind described in clause (vi)
of this Section 5, Doubletree will forthwith discontinue disposition of
Registrable Securities pursuant to the Registration Statement covering such
Registrable Securities until Doubletree's receipt of the copies of the
supplemented or amended Prospectus contemplated by clause (vi) of this Section
5, and, if so directed by the Company, Doubletree will deliver to the Company
(at the Company's expense) all copies, other than permanent file copies then in
Doubletree's possession, of the Prospectus covering such Registrable Securities
current at the time of receipt of such notice.

           4. Registration Expenses. The Registration Expenses of the Company
are all fees and expenses incident to the performance of or compliance with this
Agreement by the Company, which include without limitation: (i) all registration
and filing fees (including without limitation fees and expenses (x) with respect
to filings required to be made with the National Association of Securities
Dealers, Inc. and the New York Stock Exchange, and (y) of compliance with
securities or "blue sky" laws (including without limitation fees and
disbursements in connection with "blue sky" qualifications of the Registrable
Securities and determination of the eligibility of the Registrable Securities
for investment under the laws of such jurisdictions as the managing
underwriters, if any, of the Registrable Securities being sold may designate)),
(ii) printing expenses (including without limitation expenses of printing
certificates for Registrable Securities and of printing Prospectuses if the
printing of Prospectuses is requested by Doubletree, (iii)
<PAGE>

messenger, telephone and delivery expenses, (iv) fees and disbursements of
counsel for the Company, (v) any fees and expenses of any "qualified independent
underwriter" or other independent appraiser participating in an offering
pursuant to Section 3 of Schedule E to the By-laws of the National Association
of Securities Dealers, Inc., (vi) Securities Act liability insurance if the
Company so desires such insurance, (vii) fees and expenses of all other persons
retained by the Company, and (viii) fees and expenses incurred in connection
with the listing of securities on any securities exchange. The Company will pay
its internal expenses (including without limitation all salaries and expenses of
its officers and employees performing legal or accounting duties) and the
expense of any annual audit. In no event, however, will the Company be
responsible for any underwriting discount or selling commission with respect to
any sale of Registrable Securities pursuant to this Agreement or any expense
incurred by Doubletree (except for a Registration Expense of Company paid by
Doubletree due to the Company's failure to comply with this Agreement).

            5. Indemnification.

                     (a) Indemnification by the Company. In the event of any
registration of any securities of the Company under the Securities Act pursuant
to Section 2 or Section 3, the Company will, and it hereby does, indemnify and
hold harmless, to the extent permitted by law, Doubletree, each affiliate of
Doubletree and their respective directors, employees, agents and officers or
members and managers or general and limited partners (and the directors,
officers, affiliates and controlling persons thereof), each other person who
participates as an underwriter in the offering or sale of such securities and
each other person, if any, who controls such seller or any such underwriter
within the meaning of the Securities Act (collectively, the "Indemnified
Parties"), against any and all losses, claims, damages or liabilities, joint or
several, and expenses to which such Indemnified Party may become subject under
the Securities Act, common law or otherwise, insofar as such losses, claims,
damages or liabilities (or actions or proceedings in respect thereof, whether or
not such Indemnified Party is a party thereto) arise out of or are based upon
(a) any untrue statement of any material fact contained in any Registration
Statement under which such securities were registered under the Securities Act,
any preliminary, final or summary Prospectus contained therein, or any amendment
or supplement thereto, or (b) any omission to state therein a material fact
required to be stated therein or necessary to make the statements therein not
misleading in the light of the circumstances then existing, and the Company will
reimburse each Indemnified Party for any legal or any other expenses reasonably
incurred by it in connection with investigating or defending any such loss,
claim, liability, action or proceeding; provided, however, that the Company
shall not be liable to any Indemnified Party in any such case to the extent that
any such loss, claim, damage, liability (or action or proceeding in respect
thereof) or expense arises out of or is based upon any untrue statement or
alleged untrue statement or omission or alleged omission made in such
Registration Statement or amendment or supplement thereto or in any such
preliminary, final or summary Prospectus in reliance upon and in conformity with
written information with respect to Doubletree furnished to the Company by
Doubletree for use in the preparation thereof; and provided, further, that the
Company will not be liable to any person who participates as an underwriter in
the offering or sale of Registrable Securities or any other person, if any, who
controls such underwriter within the meaning of the Securities Act, under the
<PAGE>

indemnity agreement in this Section 6(a) with respect to any preliminary
Prospectus or the final Prospectus or the final Prospectus as amended or
supplemented, as the case may be, to the extent that any such loss, claim,
damage or liability of such underwriter or controlling person results from the
fact that such underwriter sold Registrable Securities to a person to whom there
was not sent or given, at or prior to the written confirmation of such sale, a
copy of the final Prospectus (including any documents incorporated by reference
therein) or of the final Prospectus as then amended or supplemented (including
any documents incorporated by reference therein), whichever is most recent, if
the Company has previously furnished copies thereof to such underwriter. Such
indemnity shall remain in full force and effect regardless of any investigation
made by or on behalf of Doubletree or any other Indemnified Party and shall
survive the transfer of Registrable Securities by Doubletree.

                     (b) Indemnification by Doubletree. The Company may require,
as a condition to including any Registrable Securities in any Registration
Statement filed in accordance with Section 5 herein, that the Company shall have
received an undertaking reasonably satisfactory to it from Doubletree and any
underwriter in an Underwritten Offering to indemnify and hold harmless (in the
same manner and to the same extent as set forth in subdivision (a) of this
Section 6) the Company and any other prospective seller or other underwriter
under the Registration Statement, as the case may be, with respect to any
statement in or omission from such Registration Statement, any preliminary,
final or summary Prospectus contained therein, or any amendment or supplement,
if such statement or alleged statement or omission or alleged omission was made
in reliance upon and in conformity with written information with respect to
Doubletree or such underwriter furnished to the Company by Doubletree or such
underwriter for use in the preparation of such Registration Statement,
preliminary, final or summary Prospectus or amendment or supplement, or a
document incorporated by reference into any of the foregoing. Such indemnity
shall remain in full force and effect regardless of any investigation made by or
on behalf of the Company or any other prospective seller or other underwriter,
or any of their respective affiliates, directors, officers or controlling
persons and shall survive the transfer of Registrable Securities by Doubletree.

                     (c) Notices of Claims, Etc. Promptly after receipt by an
Indemnified Party hereunder of written notice of the commencement of any action
or proceeding with respect to which a claim for indemnification may be made
pursuant to this Section 6, such Indemnified Party will, if a claim in respect
thereof is to be made against an indemnifying party, give written notice to the
latter of the commencement of such action; provided, however, that the failure
of the Indemnified Party to give notice as provided herein shall not relieve the
indemnifying party of its obligations under the preceding subdivisions of this
Section 6, except to the extent that the indemnifying party is actually
prejudiced by such failure to give notice. In case any such action is brought
against an Indemnified Party, unless in such Indemnified Party's reasonable
judgment a conflict of interest between such Indemnified and indemnifying
parties may exist in respect of such claim, the indemnifying party will be
entitled to participate in and to assume the defense thereof, jointly with any
other indemnifying party similarly notified to the extent that it may wish, with
counsel reasonably satisfactory to such Indemnified Party, and after notice from
the indemnifying party to such Indemnified Party of its election so to assume
<PAGE>

the defense thereof, the indemnifying party will not be liable to such
Indemnified Party for any legal or other expenses subsequently incurred by the
latter in connection with the defense thereof other than reasonable costs of
investigation. No indemnifying party will consent to entry of any judgment or
enter into any settlement that does not include as an unconditional term
thereof, the giving by the claimant or plaintiff to such Indemnified Party of a
release from all liability in respect to such claim or litigation.

                     (d) Contribution. If for any reason the indemnification
provided for in the preceding clauses (a) and (b) is unavailable to an
Indemnified Party or insufficient to hold it harmless as contemplated by the
preceding clauses (a) and (b), then the indemnifying party shall contribute to
the amount paid or payable by the Indemnified Party as a result of such loss,
claim, damage or liability in such proportion as is appropriate to reflect not
only the relative benefits received by the Indemnified Party and the
indemnifying party, but also the relative fault of the Indemnified Party and the
indemnifying party, as well as any other relevant equitable considerations,
provided, however, that no party shall be required to contribute in an amount
greater than the dollar amount of the proceeds received by such party with
respect to the sale of any securities. No person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution from any person who was not guilty of such
fraudulent misrepresentation.

                     (e) Other Indemnification. Indemnification similar to that
specified in the preceding subdivisions of this Section 6 (with appropriate
modifications) shall be given by the Company and Doubletree with respect to any
required registration or other qualification of securities under any federal or
state law or regulation or governmental authority other than the Securities Act.

                     (f) Non-Exclusivity. The obligations of the parties under
this Section 6 shall be in addition to any liability that any party may
otherwise have to any other party.

            6. Miscellaneous.

                     (a) No Inconsistent Agreements. The Company will not, on or
after the date hereof, enter into any agreement with respect to its securities
that is inconsistent with the rights granted to Doubletree in this Agreement or
otherwise conflicts with the provisions hereof.

                     (b) Amendments and Waivers. The provisions of this
Agreement, including the provisions of this sentence, may only be amended,
modified or supplemented, and waivers or consents to departures from the
provisions hereof may only be given by written consent of both parties.

                     (c) Notices. All notices and other communications provided
for hereunder shall be in writing and shall be sent by first class mail,
facsimile or hand delivery:
<PAGE>

                               (i)        if to the Company, to:

                                          WestCoast Hospitality Corporation
                                          WHC Building
                                          201 West North River Drive
                                          Spokane, Washington 99201
                                          Attn.:    Richard L. Barbieri, Esq.
                                          General Counsel
                                          Telephone:509-459-6018
                                          Fax:                509-325-7324

                               (ii)       if to Doubletree, to:

                                          Doubletree Hotels Corporation
                                          9336 Civic Center Drive
                                          Beverly Hills, California 90210
                                          Attn.:    David Sherf
                                          Telephone:  310-205-4692
                                          Fax:  310-205-4092

           All such notices and communications shall be deemed to have been
given or made (i) when delivered by hand, (ii) five (5) business days after
being deposited in the mail, postage prepaid, or (iii) when telecopied, receipt
acknowledged.

                     (d) Counterparts. This Agreement may be executed in any
number of counterparts and by the parties hereto in separate counterparts, each
of which when so executed will be deemed to be an original and all of which
taken together will constitute one and the same instrument.

                     (e) Headings. The headings in this Agreement are for
convenience of reference only and will not limit or otherwise affect the meaning
hereof.

                     (f) Governing Law. THIS AGREEMENT WILL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF WASHINGTON, AS APPLIED TO
CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF WASHINGTON, WITHOUT REGARD TO
PRINCIPLES OF CONFLICT OF LAWS.

                     (g) Severability. If any term, provision, covenant or
restriction of this Agreement is held by a court of competent jurisdiction to be
invalid, void or unenforceable, the remainder of the terms, provisions,
covenants and restrictions set forth herein will remain in full force and effect
and will in no way be affected, impaired or invalidated, and the parties hereto
will use their reasonable best efforts to find and employ an alternative means
to achieve the same or substantially the same result as that contemplated by
such term, provision, covenant or restriction. It is hereby stipulated and
declared to be the intention of the parties that they would have executed the
remaining terms, provisions, covenants and restrictions without including any of
such that may be hereafter declared invalid, void or unenforceable.

                     (h) Entire Agreement. This Agreement is intended by the
parties as a final expression of their agreement and is intended to be a
complete and exclusive
<PAGE>

statement of the agreement and understanding of the parties hereto in respect of
the registration rights granted by the Company with respect to the Registrable
Securities. This Agreement supersedes all prior agreements and understandings
among the parties with respect to such registration rights.

                     (i) Attorneys' Fees. In the event of any action or
proceeding brought to enforce any provision of this Agreement, or if any
provision hereof is validly asserted as a defense, the prevailing party, as
determined by the court, will be entitled to recover reasonable attorneys' fees
in addition to any other available remedy.

                     (j) Termination. This Agreement shall terminate, and
thereby become null and void, on the 5th anniversary of the date hereof (the
"Termination Date"); provided, however, that the provisions of Section 6 and
Sections 7(f) and (i) shall survive the termination of this Agreement.

IN WITNESS HEREOF, the parties have executed a counterpart signature page of
this Agreement as of the date first above written.

                                      WESTCOAST HOSPITALITY
                                      CORPORATION

                                      By:_______________________________________
                                      Name:  Arthur M. Coffey
                                      Title:  Executive Vice President and Chief
                                      Financial Officer

                                      DOUBLETREE CORPORATION

                                      By:_______________________________________
                                      Name:_____________________________________
                                      Title:____________________________________AGREEMENT AND PLAN OF REORGANIZATION

     This Agreement and Plan of Reorganization ("the Agreement"), dated as of
the 31st day December, 2001, by and between Amexdrug Corporation, a Nevada
corporation ("Amex") and Allied Med, Inc., an Oregon corporation doing business
as Allied Med Wholesale Drug Company, Inc., ("Allied") and the shareholders of
Allied ("Shareholders"), with reference to the following:

     A. Amex is a Nevada corporation, which recently changed its domicile from
California to Nevada. Amex was organized in California in 1968. Amex has
authorized capital stock of 50,000,000 shares, $.001 par value, of which
1,052,783 shares are currently issued and outstanding.

     B. Allied is a privately held corporation organized under the laws of the
State of Oregon in 1997.

     C. The respective Boards of Directors of Amex and Allied have deemed it
advisable and in the best interests of Amex and Allied that Allied be acquired
by Amex, pursuant to the terms and conditions set forth in this Agreement.

     D. Amex and Allied propose to enter into this Agreement which provides
among other things that all of the outstanding shares of Allied be acquired by
Amex, in exchange for shares of Amex and such additional items as more fully
described in the Agreement.

     E. The parties desire the transaction to qualify as a tax-free
reorganization under Section 368 (a)(1)(B) of the Internal Revenue Code of 1986,
as amended.

     NOW, THEREFORE, the parties hereto agree as follows:

                                    ARTICLE 1
                                 THE ACQUISITION

     1.01 At the Closing, a total of 50,000 common shares, which represents all
of the outstanding shares of Allied shall be acquired by Amex in exchange for
7,000,000 restricted common shares of Amex. The shares of Amex to be issued in
this transaction shall be issued as set forth in Exhibit A to this Agreement.

     1.02 At the Closing, the sole Allied shareholder will deliver certificates
for the outstanding shares of Allied, duly endorsed so as to make Amex the sole
holder thereof, free and clear of all claims and encumbrances and Amex shall
deliver a transmittal letter directed to the transfer agent of Amex directing
the issuance of shares to the shareholders of Allied as set forth on Exhibit A
of this Agreement.

                                        1

<PAGE>

     1.03 Following the reorganization, and the acquisition as set forth in
section D of this Agreement, there will be a total of 8,052,783 shares, $.001
par value, issued and outstanding in Amex.

     1.04 Following the reorganization, Allied will be a wholly owned subsidiary
of Amex.

                                    ARTICLE 2
                                   THE CLOSING

     2.01 The consummation of the transactions contemplated by this Agreement
(the "Closing") shall take place at 369 South Doheny Drive, Suite 326, Beverly
Hills, California 90211 on or before December 31, 2001, (the "Closing Date") or
at such other place or date and time as may be agreed to in writing by the
parties hereto.

                                    ARTICLE 3
                     REPRESENTATIONS AND WARRANTIES OF AMEX

     Amex hereby represents and warrants to Allied as follows:

     3.01 Amex shall deliver to Allied, on or before Closing, each of the
following:

          (a) Financial Statements. Audited financial statements of Amex
     including, but not limited to, balance sheets and profit and loss
     statements from fiscal year end 2000, and unaudited financial statements of
     September 30, 2001 prepared in accordance with generally accepted
     accounting principles and which fairly present the financial condition of
     Amex at the dates thereof. (Schedule A)

          (b) Property. An accurate list and description of all property, real
     or personal, owned by Amex of a value equal to or greater than $1,000.00.
     (Schedule B.)

          (c) Liens and Liabilities. A complete and accurate list of all
     material liens, encumbrances, easements, security interests or similar
     interests in or on any of the assets listed on Schedule A. (Schedule C.) A
     complete and accurate list of all debts, liabilities and obligations of
     Amex incurred or owing as of the date of this Agreement. (Schedule C.1.)

          (d) Leases and Contracts. A complete and accurate list describing all
     material terms of each lease (whether of real or personal property) and
     each contract, promissory note, mortgage, license, franchise, or other
     written agreement to which Amex is a party which involves or can reasonably
     be expected to involve aggregate future payments or receipts by Amex
     (whether by the terms of such lease, contract, promissory note, license,
     franchise or other written agreement or as a result of a guarantee of the
     payment of or indemnity against the failure to pay same) of $1,000.00 or
     more annually during the twelve-month period ended December 31, 2001, or
     any consecutive twelve-month period

                                        2

<PAGE>

     thereafter, except any of said instruments which terminate or are
     cancelable without penalty during such twelve-month period. (Schedule D.)

          (e) Loan Agreements. Complete and accurate copies of all loan
     agreements and other documents with respect to obligations of Amex for the
     repayment of borrowed money. (Schedule E.)

          (f) Consents Required. A complete list of all agreements wherein
     consent to the transaction herein contemplated is required to avoid a
     default thereunder; or where notice of such transaction is required at or
     subsequent to closing, or where consent to an acquisition, consolidation,
     or sale of all or substantially all of the assets is required to avoid a
     default thereunder. (Schedule F.)

          (g) Articles and Bylaws. Complete and accurate copies of the
     Certificate and Articles of Incorporation and Bylaws of Amex together with
     all amendments thereto to the date hereof. (Schedule G.)

          (h) Shareholders. A complete list of all persons or entities holding
     capital stock of Amex or any rights to subscribe for, acquire, or receive
     shares of the capital stock of Amex (whether warrants, calls, options, or
     conversion rights), including copies of all stock option plans whether
     qualified or nonqualified, and other similar agreements. (Schedule H.)

          (i) Officers and Directors. A complete and current list of all
     Officers and Directors of Amex. (Schedule I.)

          (j) Salary Schedule. A complete and accurate list (in all material
     respects) of the names and the current salary rate for each present
     employee of Amex who received $1,000.00 or more in aggregate compensation
     from Amex whether in salary, bonus or otherwise, during the year 2000, or
     who is presently scheduled to receive from Amex a salary in excess of
     $1,000.00 during the year ending December 2001, including in each case the
     amount of compensation received or scheduled to be received, and a schedule
     of the hourly rates of all other employees listed according to departments.
     (Schedule J.)

          (k) Litigation. A complete and accurate list (in all material
     respects) of all material civil, criminal, administrative, arbitration or
     other such proceedings or investigations (including without limitations
     unfair labor practice matters, labor organization activities, environmental
     matters and civil rights violations) pending or, to the knowledge of Amex
     threatened, which may materially and adversely affect Amex. (Schedule K.)

          (l) Tax Returns. Accurate copies of all Federal and State tax returns
     for Amex for the last fiscal year. (Schedule L.)

                                        3

<PAGE>

          (m) Agency Reports. Copies of all material reports or filings (and a
     list of the categories of reports or filings made on a regular basis) made
     by Amex under ERISA, EEOC, FDA and all other governmental agencies
     (federal, state or local) during the last fiscal year. (Schedule M.)

          (n) Banks. A true and complete list (in all material respects), as of
     the date of this Agreement, showing (1) the name of each bank in which Amex
     has an account or safe deposit box, and (2) the names and addresses of all
     signatories. (Schedule N.)

          (o) Jurisdictions Where Qualified. A list of all jurisdictions wherein
     Amex is qualified to do business and is in good standing. (Schedule O.)

          (p) Subsidiaries. A complete list of all subsidiaries of Amex.
     (Schedule P.) The term "Subsidiary" or "Subsidiaries" shall include
     corporations, unincorporated associations, partnerships, joint ventures, or
     similar entities in which Amex has an interest, direct or indirect.

          (q) Union Matters. An accurate list and description (in all material
     respects) of all union contracts and collective bargaining agreements of
     Amex, if any. (Schedule Q.)

          (r) Employee and Consultant Contracts. A complete and accurate list of
     all employee and consultant contracts which Amex may have, other than those
     listed in the schedule on Union Matters. (Schedule R.)

          (s) Employee Benefit Plans. Complete and accurate copies of all
     salary, stock options, bonus, incentive compensation, deferred
     compensation, profit sharing, retirement, pension, group insurance,
     disability, death benefit or other benefit plans, trust agreements or
     arrangements of Amex in effect on the date hereof or to become effective
     after the date thereof, together with copies of any determination letters
     issued by the Internal Revenue Service with respect thereto. (Schedule S.)

          (t) Insurance Policies. A complete and accurate list (in all material
     respects) and a description of all material insurance policies naming Amex
     as an insured or beneficiary or as a loss payable payee or for which Amex
     has paid all or part of the premium in force on the date hereof, specifying
     any notice or other information possessed by Amex regarding possible claims
     thereunder, cancellation thereof or premium increases thereon, including
     any policies now in effect naming Amex as beneficiary covering the business
     activities of Amex. (Schedule T.)

          (u) Customers. A complete and accurate list (in all material respects)
     of the customers of Amex, including presently effective contracts of Amex
     to be assigned to Amex, accounting for the principle revenues of Amex,
     indicating the dollar amounts of gross income of each such customer for the
     period ended September 30, 2001. (Schedule U.)

                                        4

<PAGE>

          (v) Licenses and Permits. A complete list of all licenses, permits and
     other authorizations of Amex. (Schedule V.)

     3.02 Organization, Standing and Power. Amex is a corporation duly
organized, validly existing and in good standing under the laws of the State of
Nevada with all requisite corporate power to own or lease its properties and
carry on its businesses as are now being conducted.

     3.03 Qualification. Amex is duly qualified and is licensed as a foreign
corporation authorized to do business in each jurisdiction wherein it conducts
its business operations. Such jurisdictions, which are the only jurisdictions in
which Amex is duly qualified and licensed as a foreign corporation, are shown in
Schedule O.

     3.04 Capitalization of Amex. The authorized capital stock of Amex consists
of 50,000,000 shares of Common Stock, $.001 par value, of which the only shares
issued and outstanding will be 1,052,783, which shares were or will be duly
authorized, validly issued and fully paid and nonassessable. There are no
preemptive rights with respect to the Amex stock.

     3.05 Authority. The execution and delivery of this Agreement and
consummation of the transactions contemplated herein have been duly authorized
by all necessary corporate actions, including but not limited to duly and
validly authorized action and approval by the Board of Directors, on the part of
Amex. This Agreement constitutes the valid and binding obligation of Amex
enforceable against it in accordance with its terms, subject to the principles
of equity applicable to the availability of the remedy of specific performance.
This Agreement has been duly executed by Amex and the execution and delivery of
this Agreement and the consummation of the transactions contemplated by this
Agreement shall not result in any breach of any terms or provisions of Amex's
Certificate and Articles of Incorporation or Bylaws or of any other agreement,
court order or instrument to which Amex is a party or bound by.

     3.06 Absence of Undisclosed Liabilities. Amex has no material liabilities
of any nature, whether fixed, absolute, contingent or accrued, which were not
reflected on the financial statements set forth in Schedule A or otherwise
disclosed in this Agreement or any of the Schedules or Exhibits attached hereto.
As of the Closing, Amex shall have no assets or liabilities other than those
resulting from the acquisition of Allied and those resulting from the
acquisitions identified in Paragraph B of this Agreement.

     3.07 Absence of Changes. Since September 30, 2001 there has not been any
material adverse change in the condition (financial or otherwise), assets,
liabilities, earnings or business of Amex, except for changes resulting from
completion of those transactions described in Section 5.01.

     3.08 Tax Matters. All taxes and other assessments and levies which Amex is
required by law to withhold or to collect have been duly withheld and collected,
and have been paid over to the proper government authorities or are held by Amex
in separate bank accounts for such payment or are represented by depository
receipts, and all such withholdings and collections and

                                        5

<PAGE>

all other payments due in connection therewith (including, without limitation,
employment taxes, both the employee's and employer's share) have been paid over
to the government or placed in a separate and segregated bank account for such
purpose. There are no known deficiencies in income taxes for any periods and
further, the representations and warranties as to absence of undisclosed
liabilities contained in Section 3.06 includes any and all tax liabilities of
whatsoever kind or nature (including, without limitation, all federal, state,
local and foreign income, profit, franchise, sales, use and property taxes) due
or to become due, incurred in respect of or measured by Amex income or business
prior to the Closing Date.

     3.09 Options, Warrants, etc. Except as otherwise described in Schedule H,
there are no outstanding options, warrants, calls, commitments or agreements of
any character to which Amex or its shareholders are a party or by which Amex or
its shareholders are bound, or are a party, calling for the issuance of shares
of capital stock of Amex or any securities representing the right to purchase or
otherwise receive any such capital stock of Amex.

     3.10 Title to Assets. Except for liens set forth in Schedule C, Amex is the
sole unconditional owner of, with good and marketable title to, all assets
listed in the schedules as owned by it and all other property and assets are
free and clear of all mortgages, liens, pledges, charges or encumbrances of any
nature whatsoever.

     3.11 Agreements in Force and Effect. Except as set forth in Schedules D and
E, all material contracts, agreements, plans, promissory notes, mortgages,
leases, policies, licenses, franchises or similar instruments to which Amex is a
party are valid and in full force and effect on the date hereof, and Amex has
not breached any material provision of, and is not in default in any material
respect under the terms of, any such contract, agreement, plan, promissory note,
mortgage, lease, policy, license, franchise or similar instrument which breach
or default would have a material adverse effect upon the business, operations or
financial condition of Amex.

     3.12 Legal Proceedings, Etc. Except as set forth in Schedule K, there are
no civil, criminal, administrative, arbitration or other such proceedings or
investigations pending or, to the knowledge of either Amex or the shareholders
thereof, threatened, in which, individually or in the aggregate, an adverse
determination would materially and adversely affect the assets, properties,
business or income of Amex. Amex has substantially complied with, and is not in
default in any material respect under, any laws, ordinances, requirements,
regulations or orders applicable to its businesses.

     3.13 Governmental Regulation. To the knowledge of Amex and except as set
forth in Schedule K, Amex is not in violation of or in default with respect to
any applicable law or any applicable rule, regulation, order, writ or decree of
any court or any governmental commission, board, bureau, agency or
instrumentality, or delinquent with respect to any report required to be filed
with any governmental commission, board, bureau, agency or instrumentality which
violation or default could have a material adverse effect upon the business,
operations or financial condition of Amex.

                                        6

<PAGE>

     3.14 Brokers and Finders. Amex shall be solely responsible for payment to
any broker or finder retained by Amex for any brokerage fees, commissions or
finders' fees in connection with the transactions contemplated herein.

     3.15 Accuracy of Information. No representation or warranty by Amex
contained in this Agreement and no statement contained in any certificate or
other instrument delivered or to be delivered to Allied pursuant hereto or in
connection with the transactions contemplated hereby (including without
limitation all Schedules and exhibits hereto) contains or will contain any
untrue statement of material fact or omits or will omit to state any material
fact necessary in order to make the statements contained herein or therein not
misleading.

     3.16  Subsidiaries.  Except as listed in Schedule P, Amex does not have any
other  subsidiaries or own capital stock  representing ten percent (10%) or more
of the issued and outstanding stock of any other corporation.

     3.17 Consents. Except as listed in Schedule F, no consent or approval of,
or registration, qualification or filing with, any governmental authority or
other person is required to be obtained or accomplished by Amex or any
shareholder thereof in connection with the consummation of the transactions
contemplated hereby.

     3.18 Improper Payments. Neither Amex, nor any person acting on behalf of
Amex has made any payment or otherwise transmitted anything of value, directly
or indirectly, to (a) any official or any government or agency or political
subdivision thereof for the purpose of influencing any decision affecting the
business of Amex (b) any customer, supplier or competitor of Amex or employee of
such customer, supplier or competitor, for the purpose of obtaining, retaining
or directing business for Amex or (c) any political party or any candidate for
elective political office nor has any fund or other asset of Amex been
maintained that was not fully and accurately recorded on the books of account of
Amex.

     3.19 Copies of Documents. Amex has made available for inspection and
copying by Allied and its duly authorized representatives, and will continue to
do so at all times, true and correct copies of all documents which it has filed
with the Securities and Exchange Commission and all other governmental agencies
which are material to the terms and conditions contained in this Agreement.
Furthermore, all filings by Amex with the Securities and Exchange Commission,
and all other governmental agencies, including but not limited to the Internal
Revenue Service, have contained information which is true and correct, to the
best knowledge of the Board of Directors of Amex, in all material respects and
did not contain any untrue statement of a material fact or omit to state any
material fact necessary to make the statements made therein not misleading or
which could have any material adverse effect upon the financial condition or
operations of Amex or adversely effect the objectives of this Agreement with
respect to Allied including, but not limited to, the issuance and subsequent
trading of the shares of common stock of Amex to be received hereby, subject to
compliance by the shareholders of Allied with applicable law.

                                        7

<PAGE>

                                    ARTICLE 4
                        REPRESENTATIONS AND WARRANTIES OF
                                     ALLIED

     Allied hereby represents and warrants to Amex as follows:

     4.01 Allied shall deliver to Amex, on or before Closing, the following:

          (a) Financial Statements. An audited balance sheet of Allied as of its
     inception, through a current date. (Schedule AA)

          (b) Property. An accurate list and description of all property, real
     or personal owned by Allied of a value equal to or greater than $1,000.00.
     (Schedule BB)

          (c) Liens and Liabilities. A complete and accurate list of all
     material liens, encumbrances, easements, security interests or similar
     interests in or on any of the assets listed on Schedule AA. (Schedule CC.)
     A complete and accurate list of all debts, liabilities and obligations of
     Allied incurred or owing as of the date of this Agreement. (Schedule CC.1.)

          (d) Leases and Contracts. A complete and accurate list describing all
     material terms of material leases (whether of real or personal property)
     and each contract, promissory note, mortgage, license, franchise, or other
     written agreement to which Allied is a party which involves or can
     reasonably be expected to involve aggregate future payments or receipts by
     Allied (whether by the terms of such lease, contract, promissory note,
     license, franchise or other written agreement or as a result of a guarantee
     of the payment of or indemnity against the failure to pay same) of
     $1,000.00 or more annually during the twelve-month period ended December
     31, 2001 or any consecutive twelve-month period thereafter, except any of
     said instruments which terminate or are cancelable without penalty during
     such twelve-month period. (Schedule DD.)

          (e) Loan Agreements. Complete and accurate copies of all loan
     agreements and other documents with respect to obligations of Allied for
     the repayment of borrowed money. (Schedule EE.)

          (f) Consents Required. A complete list of all agreements wherein
     consent to the transaction herein contemplated is required to avoid a
     default thereunder; or where notice of such transaction is required at or
     subsequent to closing, or where consent to an acquisition, consolidation,
     or sale of all or substantially all of the assets is required to avoid a
     default thereunder. (Schedule FF.)

                                        8

<PAGE>

          (g) Articles and Bylaws. Complete and accurate copies of the Articles
     of Incorporation and Bylaws of Allied, together with all amendments thereto
     to the date hereof. (Schedule GG.)

          (h) Shareholders. A complete list of all persons or entities holding
     capital stock of Allied or any rights to subscribe for, acquire, or receive
     shares of the capital stock of Allied (whether warrants, calls, options, or
     conversion rights), including copies of all stock option plans whether
     qualified or nonqualified, and other similar agreements. (Schedule HH.)

          (i) Officers and Directors. A complete and current list of all
     officers and Directors of Allied. (Schedule II.)

          (j) Salary Schedule. A complete and accurate list (in all material
     respects) of the names and the current salary rate or each present employee
     of Allied who received $1,000 or more in aggregate compensation from Allied
     whether in salary, bonus or otherwise, during the year 2000, or who is
     presently scheduled to receive from Allied a salary in excess of $1,000.00
     during the year ending December 31, 2001, including in each case the amount
     of compensation received or scheduled to be received, and a schedule of the
     hourly rates of all other employees listed according to departments.
     (Schedule JJ.)

          (k) Litigation. A complete and accurate list (in all material
     respects) of all material civil, criminal, administrative, arbitration or
     other such proceedings or investigations (including without limitations
     unfair labor practice matters, labor organization activities, environmental
     matters and civil rights violations) pending or, to the knowledge of Allied
     threatened, which may materially and adversely affect Allied. (Schedule
     KK.)

          (l) Tax Returns. Accurate copies of all Federal and State tax returns
     for Allied, if any. (Schedule LL.)

          (m) Agency Reports. Copies of all material reports or filings (and a
     list of the categories of reports or filings made on a regular basis) made
     by Allied under ERISA, EEOC, FDA and all other governmental agencies
     (federal, state or local). (Schedule MM.)

          (n) A true and complete list (in all material respects), as of the
     date of this Agreement, showing (1) the name of each bank in which Allied
     has an account or safe deposit box, and (2) the names and addresses of all
     signatories. (Schedule NN.)

          (o) Jurisdictions Where Qualified. A list of all jurisdictions wherein
     Allied is qualified to do business and is in good standing. (Schedule OO.)

                                        9

<PAGE>

          (p) Subsidiaries. A complete list of all subsidiaries of Allied.
     (Schedule PP.) The term "Subsidiary" or "Subsidiaries" shall include
     corporations, unincorporated associations, partnerships, joint ventures, or
     similar entities in which Allied has an interest, direct or indirect.

          (q) Union Matters. An accurate list and description (in all material
     respects of union contracts and collective bargaining agreements of Allied,
     if any. (Schedule QQ.)

          (r) Employee and Consultant Contracts. A complete and accurate list of
     all employee and consultant contracts which Allied may have, other than
     those listed in the schedule on Union Matters. (Schedule RR.)

          (s) Employee Benefit Plans. Complete and accurate copies of all
     salary, stock option, bonus, incentive compensation, deferred compensation,
     profit sharing, retirement, pension, group insurance, disability, death
     benefit or other benefit plans, trust agreements or arrangements of Allied
     in effect on the date hereof or to become effective after the date thereof,
     together with copies of any determination letters issued by the Internal
     Revenue Service with respect thereto. (Schedule SS.)

          (t) Insurance Policies. A complete and accurate list (in all material
     respects) and description of all material insurance policies naming Allied
     as an insured or beneficiary or as a loss payable payee or for which Allied
     has paid all or part of the premium in force on the date hereof, specifying
     any notice or other information possessed by Allied regarding possible
     claims thereunder, cancellation thereof or premium increases thereon,
     including any policies now in effect naming Allied as beneficiary covering
     the business activities of Allied. (Schedule TT.)

          (u) Customers. A complete and accurate list (in all material respects)
     of the customers of Allied, including all presently effective contracts of
     Allied to be assigned to Allied, accounting for the principle revenues of
     Allied, indicating the dollar amounts of gross revenues of each such
     customer for the period ended December 31, 2000. (Schedule UU.)

          (v) Licenses and Permits. A complete list of all licenses, permits and
     other authorizations of Allied. (Schedule VV.)

     4.02 Organization, Standing and Power. Allied is a corporation duly
organized, validly existing and in good standing under the laws of the State of
Oregon with all requisite corporate power to own or lease its properties and
carry on its business as is now being conducted.

     4.03 Qualification. Allied is duly qualified and licensed as a foreign
corporation authorized to do business in each jurisdiction wherein it conducts
business operations. Such

                                       10

<PAGE>

jurisdictions, which are the only jurisdictions in which Allied is duly
qualified and licensed as a foreign corporation, is shown in Schedule OO.

     4.04 Capitalization of Allied. The authorized capital stock of Allied
consists of 50,000 shares of common stock, of which the only shares issued and
outstanding are 50,000 shares issued to the shareholder listed on Schedule HH,
which shares were duly authorized, validly issued and fully paid and
nonassessable. There are no preemptive rights with respect to the Allied stock.

     4.05 Authority. The execution and delivery of this Agreement and
consummation of the transactions contemplated herein have been duly authorized
by all necessary corporate action, including but not limited to duly and validly
authorized action and approval by the Board of Directors, on the part of Allied.
This Agreement constitutes the valid and binding obligation of Allied,
enforceable against it in accordance with its terms, subject to the principles
of equity applicable to the availability of the remedy of specific performance.
This Agreement has been duly executed by Allied and the execution and delivery
of this Agreement and the consummation of the transactions contemplated by this
Agreement shall not result in any breach of any terms or provisions of Allied 's
Articles of Incorporation or Bylaws or of any other agreement, court order or
instrument to which Allied is a party or bound.

     4.06 Absence of Undisclosed Liabilities. Allied has no material liabilities
of any nature, whether fixed, absolute, contingent or accrued, which were not
reflected on the financial statements set forth in Schedule AA or otherwise
disclosed in this Agreement or any of the Schedules or Exhibits attached hereto.

     4.07 Absence of Changes. Since the date of inception, there has not been
any material adverse change in the condition (financial or otherwise), assets,
liabilities, earnings or business of Allied, except for changes resulting from
completion of those transactions described in Section 5.02.

     4.08 Tax Matters. All taxes and other assessments and levies which Allied
is required by law to withhold or to collect have been duly withheld and
collected, and have been paid over to the proper government authorities or are
held by Allied in separate bank accounts for such payment or are represented by
depository receipts, and all such withholdings and collections and all other
payments due in connection therewith (including, without limitation, employment
taxes, both the employee's and employer's share) have been paid over to the
government or placed in a separate and segregated bank account for such purpose.
There are no known deficiencies in income taxes for any periods and further, the
representations and warranties as to absence of undisclosed liabilities
contained in Section 4.06 includes any and all tax liabilities of whatsoever
kind or nature (including, without limitation, all federal, state, local and
foreign income, profit, franchise, sales, use and property taxes) due or to
become due, incurred in respect of or measured by Allied income or business
prior to the Closing Date.

                                       11

<PAGE>

     4.09 Options, Warrants, etc. Except as otherwise described in Schedule HH,
there are no outstanding options, warrants, calls, commitments or agreements of
any character to which Allied or its shareholders are a party or by which Allied
or its shareholders are bound, or are a party, calling for the issuance of
shares of capital stock of Allied or any securities representing the right to
purchase or otherwise receive any such capital stock of Allied .

     4.10 Title to Assets. Except for liens set forth in Schedule CC, Allied is
the sole and unconditional owner of, with good and marketable title to, all the
assets and patents listed in the schedules as owned by them and all other
property and assets are free and clear of all mortgages, liens, pledges, charges
or encumbrances of any nature whatsoever.

     4.11 Agreements in Force and Effect. Except as set forth in Schedules DD
and EE, all material contracts, agreements, plans, promissory notes, mortgages,
leases, policies, licenses, franchises or similar instruments to which Allied is
a party are valid and in full force and effect on the date hereof, and Allied
has not breached any material provision of, and is not in default in any
material respect under the terms of, any such contract, agreement, plan,
promissory note, mortgage, lease, policy, license, franchise or similar
instrument which breach or default would have a material adverse effect upon the
business, operations or financial condition of Allied.

     4.12 Legal Proceedings, Etc. Except as set forth in Schedule KK, there are
no civil, criminal, administrative, arbitration or other such proceedings or
investigations pending or, to the knowledge of Allied , threatened, in which,
individually or in the aggregate, an adverse determination would materially and
adversely affect the assets, properties, business or income of Allied . Allied
has substantially complied with, and is not in default in any material respect
under, any laws, ordinances, requirements, regulations or orders applicable to
its businesses.

     4.13 Governmental Regulation. To the knowledge of Allied and except as set
forth in Schedule KK, Allied is not in violation of or in default with respect
to any applicable law or any applicable rule, regulation, order, writ or decree
of any court or any governmental commission, board, bureau, agency or
instrumentality, or delinquent with respect to any report required to be filed
with any governmental commission, board, bureau, agency or instrumentality which
violation or default could have a material adverse effect upon the business,
operations or financial condition of Allied. .

     4.14 Broker and Finders. Allied shall be solely responsible for payment to
any broker or finder retained by Allied for any brokerage fees, commissions or
finders' fees in connection with the transactions contemplated herein.

     4.15 Accuracy of Information. No representation or warranty by Allied
contained in this Agreement and no statement contained in any certificate or
other instrument delivered or to be delivered to Amex pursuant hereto or in
connection with the transactions contemplated hereby (including without
limitation all Schedules and Exhibits hereto) contains or will

                                       12

<PAGE>

contain any untrue statement of a material fact or omits or will omit to state
any material fact necessary in order to make the statements contained herein or
therein not misleading.

     4.16 Subsidiaries. Except as listed in Schedule PP, Allied does not have
any other subsidiaries or own capital stock representing ten percent (10%) or
more of the issued and outstanding stock of any other corporation.

     4.17 Consents. Except as listed in Schedule FF, no consent or approval of,
or registration, qualification or filing with, any other governmental authority
or other person is required to be obtained or accomplished by Allied or any
shareholder thereof, in connection with the consummation of the transactions
contemplated hereby.

     4.18 Improper Payments. No person acting on behalf of Allied has made any
payment or otherwise transmitted anything of value, directly or indirectly, to
(a) any official or any government or agency or political subdivision thereof
for the purpose of influencing any decision affecting the business of Allied, or
(b) any political party or any candidate for elective political office, nor has
any fund or other asset of Allied been maintained that was not fully and
accurately recorded on the books of account of Allied.

     4.19 Copies of Documents. Allied has made available for inspection and
copying by Amex and its duly authorized representatives, and will continue to do
so at all times, true and correct copies of all documents which it has filed
with any governmental agencies which are material to the terms and conditions
contained in this Agreement. Furthermore, all filings by Allied with
governmental agencies, including but not limited to the Internal Revenue
Service, have contained information which is true and correct in all material
respects and did not contain any untrue statement of a material fact or omit to
state any material fact necessary to make the statements made therein not
misleading or which could have any material adverse effect upon the financial
condition or operations of Allied or adversely affect the objectives of this
Agreement.

     4.20 Investment Intent of Shareholders. Each shareholder of Allied
represents and warrants to Amex that the shares of Amex being acquired pursuant
to this Agreement are being acquired for his own account and for investment and
not with a view to the public resale or distribution of such shares and further
acknowledges that the shares being issued have not been registered under the
Securities Act and are "restricted securities" as that term is defined in Rule
144 promulgated under the Securities Act and must be held indefinitely unless
they are subsequently registered under the Securities Act or an exemption from
such registration is available.

                                    ARTICLE 5
                      CONDUCT AND TRANSACTIONS PRIOR TO THE
                        EFFECTIVE TIME OF THE ACQUISITION

                                       13

<PAGE>

     5.01 Conduct and Transactions of Amex. During the period from the date
hereof to the date of Closing, Amex shall:

          (a) Conduct its operations in the ordinary course of business,
     including but not limited to, paying all obligations as they mature,
     complying with all applicable tax laws, filing all tax returns required to
     be filed and paying all taxes due;

          (b) Maintain its records and books of account in a manner that fairly
     and correctly reflects its income, expenses, assets and liabilities.

     Amex shall not during such period, except in the ordinary course of
business, without the prior written consent of Allied :

          (a) Except as otherwise contemplated or required by this Agreement,
     sell, dispose of or encumber any of its properties or assets;

          (b) Declare or pay any dividends on shares of its capital stock or
     make any other distribution of assets to the holders thereof;

          (c) Except as set forth in paragraph 5.01(c) above, issue, reissue or
     sell, or issue options or rights to subscribe to, or enter into any
     contract or commitment to issue, reissue or sell, any shares of its capital
     stock or acquire or agree to acquire any shares of its capital stock;

          (d) Except as otherwise contemplated and required by this Agreement,
     amend its Articles of Incorporation or merge or consolidate with or into
     any other corporation or sell all or substantially all of its assets or
     change in any manner the rights of its capital stock or other securities;

          (e) Except as contemplated or required by this Agreement, pay or incur
     any obligation or liability, direct or contingent, of more than $1,000,
     excluding the acquisitions identified in Paragraph B of this Agreement;

          (f) Incur any indebtedness for borrowed money, assume, guarantee,
     endorse or otherwise become responsible for obligations of any other party,
     or make loans or advances to any other party, excluding the acquisitions
     identified in Paragraph B of this Agreement;

          (g) Make any material change in its insurance coverage;

          (h) Increase in any manner the compensation, direct or indirect, of
     any of its officers or executive employees; except in accordance with
     existing employment contracts;

                                       14

<PAGE>

          (i) Enter into any agreement or make any commitment to any labor union
     or organization;

          (j) Make any capital expenditures, excluding the acquisitions
     identified in Paragraph B of this Agreement.

     5.02 Conduct and Transactions of Allied . During the period from the date
hereof to the date of Closing, Allied shall:

          (a) Obtain an investment letter from each shareholder of Allied in a
     form substantially like that attached hereto as Exhibit B;

          (b) Conduct the operations of Allied in the ordinary course of
     business.

     Allied shall not during such period, except in the ordinary course of
business, without the prior written consent of Amex:

          (a) Except as otherwise contemplated or required by this Agreement,
     sell, dispose of or encumber any of the properties or assets of Allied;

          (b) Declare or pay any dividends on shares of its capital stock or
     make any other distribution of assets to the holders thereof;

          (c) Issue, reissue or sell, or issue options or rights to subscribe
     to, or enter into any contract or commitment to issue, reissue or sell, any
     shares of its capital stock or acquire or agree to acquire any shares of
     its capital stock;

          (d) Except as otherwise contemplated and required by this Agreement,
     amend its Articles of Incorporation or merge or consolidate with or into
     any other corporation or sell all or substantially all of its assets or
     change in any manner the rights of its capital stock or other securities;

          (e) Except as otherwise contemplated and required by this Agreement,
     pay or incur any obligation or liability, direct or contingent, of more
     than $1,000;

          (f) Incur any indebtedness for borrowed money, assume, guarantee,
     endorse or otherwise become responsible for obligations of any other party,
     or make loans or advances to any other party;

          (g) Make any material change in its insurance coverage;

          (h) Increase in any manner the compensation, direct or indirect, of
     any of its officers or executive employees; except in accordance with
     existing employment contracts;

                                       15

<PAGE>

          (i) Enter into any agreement or make any commitment to any labor union
     or organization;

          (j) Make any material capital expenditures.

          (k) Allow any of the foregoing actions to be taken by any subsidiary
     of Allied .

                                    ARTICLE 6
                              RIGHTS OF INSPECTION

     6.01 During the period from the date of this Agreement to the date of
Closing of the acquisition, Amex and Allied agree to use their best efforts to
give the other party, including its representatives and agents, full access to
the premises, books and records of each of the entities, and to furnish the
other with such financial and operating data and other information including,
but not limited to, copies of all legal documents and instruments referred to on
any schedule or exhibit hereto, with respect to the business and properties of
Amex or Allied, as the case may be, as the other shall from time to time
request; provided, however, if there are any such investigations: (1) they shall
be conducted in such manner as not to unreasonably interfere with the operation
of the business of the other parties and (2) such right of inspection shall not
affect in any way whatsoever any of the representations or warranties given by
the respective parties hereunder. In the event of termination of this Agreement,
Amex and Allied will each return to the other all documents, work papers and
other materials obtained from the other party in connection with the
transactions contemplated hereby, and will take such other steps necessary to
protect the confidentiality of such material.

                                    ARTICLE 7
                              CONDITIONS TO CLOSING

     7.01 Conditions to Obligations of Allied. The obligation of Allied to
perform this Agreement is subject to the satisfaction of the following
conditions on or before the Closing unless waived in writing by Allied .

          (a) Representations and Warranties. There shall be no information
     disclosed in the schedules delivered by Amex which in the opinion of Allied
     would materially adversely affect the proposed transaction and intent of
     the parties as set forth in this Agreement. The representations and
     warranties of Amex set forth in Article 3 hereof shall be true and correct
     in all material respects as of the date of this Agreement and as of the
     Closing as though made on and as of the Closing, except as otherwise
     permitted by this Agreement.

          (b) Performance of Obligations. Amex shall have in all material
     respects performed all agreements required to be performed by it under this
     Agreement and shall have performed in all material respects any actions
     contemplated by this Agreement

                                       16

<PAGE>

     prior to or on the Closing and Amex shall have complied in all material
     respects with the course of conduct required by this Agreement.

          (c) Corporate Action. Amex shall have furnished minutes, certified
     copies of corporate resolutions and/or other documentary evidence
     satisfactory to counsel for Allied that Amex has submitted with this
     Agreement and any other documents required hereby to such parties for
     approval as provided by applicable law.

          (d) Consents. Execution of this Agreement by the shareholders of
     Allied and any consents necessary for or approval of any party listed on
     any Schedule delivered by Amex whose consent or approval is required
     pursuant thereto shall have been obtained.

          (e) Financial Statements. Allied shall have been furnished with
     audited financial statements of Amex including, but not limited to, balance
     sheets and profit and loss statements from fiscal year end 2000 and
     unaudited financial statements of September 30, 2001. Such financial
     statements shall have been prepared in conformity with generally accepted
     accounting principles on a basis consistent with those of prior periods and
     fairly present the financial position of Amex as of the periods stated.

          (f) Statutory Requirements. All statutory requirements for the valid
     consummation by Amex of the transactions contemplated by this Agreement
     shall have been fulfilled.

          (g) Governmental Approval. All authorizations, consents, approvals,
     permits and orders of all federal and state governmental agencies required
     to be obtained by Amex for consummation of the transactions contemplated by
     this Agreement shall have been obtained.

          (h) Changes in Financial Condition of Amex. There shall not have
     occurred any material adverse change in the financial condition or in the
     operations of the business of Amex, except expenditures in furtherance of
     this Agreement, excluding the acquisitions identified in Paragraph B of
     this Agreement.

          (i) Absence of Pending Litigation. Amex is not engaged in or
     threatened with any suit, action, or legal, administrative or other
     proceedings or governmental investigations pertaining to this Agreement or
     the consummation of the transactions contemplated hereunder.

          (j) Authorization for Issuance of Stock. Allied shall have received in
     form and substance satisfactory to counsel for Allied a letter instructing
     and authorizing the Registrar and Transfer Agent for the shares of common
     stock of Amex to issue stock certificates representing ownership of Amex
     common stock to Allied shareholders in accordance with the terms of this
     Agreement and a letter from said Registrar and Transfer Agent acknowledging
     receipt of the letter of instruction and stating to the

                                       17

<PAGE>

     effect that the Registrar and Transfer Agent holds adequate supplies of
     stock certificates necessary to comply with the letter of instruction and
     the terms and conditions of this Agreement.

     7.02 Conditions to Obligations of Amex. The obligation of Amex to perform
this Agreement is subject to the satisfaction of the following conditions on or
before the Closing unless waived in writing by Amex.

          (a) Representations and Warranties. There shall be no information
     disclosed in the schedules delivered by Allied, which in the opinion of
     Amex, would materially adversely affect the proposed transaction and intent
     of the parties as set forth in this Agreement. The representations and
     warranties of Allied set forth in Article 4 hereof shall be true and
     correct in all material respects as of the date of this Agreement and as of
     the Closing as though made on and as of the Closing, except as otherwise
     permitted by this Agreement.

          (b) Performance of Obligations. Allied shall have in all material
     respects performed all agreements required to be performed by it under this
     Agreement and shall have performed in all material respects any actions
     contemplated by this Agreement prior to or on the Closing and Allied shall
     have complied in all respects with the course of conduct required by this
     Agreement.

          (c) Corporate Action. Allied shall have furnished minutes, certified
     copies of corporate resolutions and/or other documentary evidence
     satisfactory to Counsel for Amex that Allied has submitted with this
     Agreement and any other documents required hereby to such parties for
     approval as provided by applicable law.

          (d) Consents. Any consents necessary for or approval of any party
     listed on any Schedule delivered by Allied, whose consent or approval is
     required pursuant thereto, shall have been obtained.

          (e) Financial Statements. Amex shall have been furnished with an
     audited balance sheet of Allied as of its inception through a current date.

          (f) Statutory Requirements. All statutory requirements for the valid
     consummation by Allied of the transactions contemplated by this Agreement
     shall have been fulfilled.

          (g) Governmental Approval. All authorizations, consents, approvals,
     permits and orders of all federal and state governmental agencies required
     to be obtained by Allied for consummation of the transactions contemplated
     by this Agreement shall have been obtained.

                                       18

<PAGE>

          (h) Employment Agreements. Existing Allied employment agreements will
     have been delivered to counsel for Amex.

          (i) Changes in Financial Condition of Allied . There shall not have
     occurred any material adverse change in the financial condition or in the
     operations of the business of Allied, except expenditures in furtherance of
     this Agreement.

          (j) Absence of Pending Litigation. Allied is not engaged in or
     threatened with any suit, action, or legal, administrative or other
     proceedings or governmental investigations pertaining to this Agreement or
     the consummation of the transactions contemplated hereunder.

          (k) Shareholder Approval. The Allied shareholders shall have approved
     the Agreement and Plan of Reorganization.

                                    ARTICLE 8
                          MATTERS SUBSEQUENT TO CLOSING

     8.01 Covenant of Further Assurance. The parties covenant and agree that
they shall, from time to time, execute and deliver or cause to be executed and
delivered all such further instruments of conveyance, transfer, assignments,
receipts and other instruments, and shall take or cause to be taken such further
or other actions as the other party or parties to this Agreement may reasonably
deem necessary in order to carry out the purposes and intent of this Agreement.

                                    ARTICLE 9
                     NATURE AND SURVIVAL OF REPRESENTATIONS

     9.01 All statements contained in any written certificate, schedule, exhibit
or other written instrument delivered by Amex or Allied pursuant hereto, or
otherwise adopted by Amex, by its written approval, or by Allied by its written
approval, or in connection with the transactions contemplated hereby, shall be
deemed representations and warranties by Amex or Allied as the case may be. All
representations, warranties and agreements made by either party shall survive
for the period of the applicable statute of limitations and until the discovery
of any claim, loss, liability or other matter based on fraud, if longer.

                                   ARTICLE 10
           TERMINATION OF AGREEMENT AND ABANDONMENT OF REORGANIZATION

     10.01 Termination. Anything herein to the contrary notwithstanding, this
Agreement and any agreement executed as required hereunder and the acquisition
contemplated hereby may be terminated at any time before the Closing as follows:

                                       19

<PAGE>

          (a) By mutual written consent of the Boards of Directors of Amex and
     Allied.

          (b) By the Board of Directors of Amex if any of the conditions set
     forth in Section 7.02 shall not have been satisfied by the Closing Date.

          (c) By the Board of Directors of Allied if any of the conditions set
     forth in Section 7.01 shall not have been satisfied by the Closing Date.

     10.02 Termination of Obligations and Waiver of Conditions; Payment of
Expenses. In the event this Agreement and the acquisition are terminated and
abandoned pursuant to this Article 10 hereof, this Agreement shall become void
and of no force and effect and there shall be no liability on the part of any of
the parties hereto, or their respective directors, officers, shareholders or
controlling persons to each other. Each party hereto will pay all costs and
expenses incident to its negotiation and preparation of this Agreement and any
of the documents evidencing the transactions contemplated hereby, including
fees, expenses and disbursements of counsel.

                                   ARTICLE 11
                      EXCHANGE OF SHARES; FRACTIONAL SHARES

     11.01 Exchange of Shares. At the Closing, Amex shall issue a letter to the
transfer agent of Amex with a copy of the resolution of the Board of Directors
of Amex authorizing and directing the issuance of Amex shares as set forth on
Exhibit A to this Agreement.

     11.02 Restrictions on Shares Issued to Allied . Due to the fact that Allied
will receive shares of Amex common stock in connection with the acquisition
which have not been registered under the 1933 Act by virtue of the exemption
provided in Section 4(2) of such Act, those shares of Amex will contain the
following legend:

        The shares represented by this certificate have not been
        registered under the Securities Act of 1933. The shares have
        been acquired for investment and may not be sold or offered
        for sale in the absence of an effective Registration Statement
        for the shares under the Securities Act of 1933 or an opinion
        of counsel to the Corporation that such registration is
        required.

                                   ARTICLE 12
                                  MISCELLANEOUS

     12.01 Construction. This Agreement shall be construed and enforced in
accordance with the laws of the State of Nevada excluding the conflicts of laws.

                                       20

<PAGE>

     12.02 Notices. All notices necessary or appropriate under this Agreement
shall be effective when personally delivered or deposited in the United States
mail, postage prepaid, certified or registered, return receipt requested, and
addressed to the parties last known address which addresses are currently as
follows:

    If to "Amex"                            If to "Allied "

    Amexdrug Corporation                    Allied Med Wholesale Drug Company
    369 South Doheny Drive, Suite 326       6312 SW Capitol Hwy Bldg. 226
    Beverly Hills, California 90211         Portland, Oregon 97201

    With copies to:

    Ronald L. Poulton, Esq.
    136 East South Temple, Suite 1700-A
    Salt Lake City, UT 84111

     12.03 Amendment and Waiver. The parties hereby may, by mutual agreement in
writing signed by each party, amend this Agreement in any respect. Any term or
provision of this Agreement may be waived in writing at any time by the party
which is entitled to the benefits thereof, such waiver right shall include, but
not be limited to, the right of either party to:

          (a) Extend the time for the performance of any of the obligations of
     the other;

          (b) Waive any inaccuracies in representations by the other contained
     in this Agreement or in any document delivered pursuant hereto;

          (c) Waive compliance by the other with any of the covenants contained
     in this Agreement, and performance of any obligations by the other; and

          (d) Waive the fulfillment of any condition that is precedent to the
     performance by the party so waiving of any of its obligations under this
     Agreement. Any writing on the part of a party relating to such amendment,
     extension or waiver as provided in this Section 12.03 shall be valid if
     authorized or ratified by the Board of Directors of such party.

     12.04 Remedies not Exclusive. No remedy conferred by any of the specific
provisions of this Agreement is intended to be exclusive of any other remedy,
and each and every remedy shall be cumulative and shall be in addition to every
other remedy given hereunder or now or hereafter existing at law or in equity or
by statute or otherwise. The election of any one or more remedies by Amex or
Allied shall not constitute a waiver of the right to pursue other available
remedies.

                                       21

<PAGE>

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

     12.06 Benefit. This Agreement shall be binding upon, and inure to the
benefit of, the respective successors and assigns of Amex and Allied and its
shareholders.

     12.07 Entire Agreement. This Agreement and the Schedules and Exhibits
attached hereto, represent the entire agreement of the undersigned regarding the
subject matter hereof, and supersedes all prior written or oral understandings
or agreements between the parties.

     12.08 Each Party to Bear its Own Expense. Amex and Allied shall each bear
their own respective expenses incurred in connection with the negotiation,
execution, closing, and performance of this Agreement, including counsel fees
and accountant fees.

     12.09 Captions and Section Headings. Captions and section headings used
herein are for convenience only and shall not control or affect the meaning or
construction of any provision of this Agreement.

                                       22

<PAGE>

Executed as of the date first written above.

"Amex"                                   "Allied "

Amexdrug Corporation,                    Allied Med Wholesale Drug Company,
a Nevada corporation                     an Oregon corporation

By: /s/ Jack Amin                        By: /s/ Jack Amin
    --------------------------               -------------------------
         Jack Amin, President                     Jack Amin, President

                                       23

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