EXHIBIT 10.3
e-commerce group Inc.
0000 Xxxxx-XxXxxx
Xxxxx 0000
Xxx Xxxxx, X.X.X. 00000-0000
March 5, 2000
Xxxxxx & Associates (UK) Limited
Xxxxxxxxxx
000 Xxxxxxxxx
Xxxxxxx
Xxxxxxxxx
XX0 0XX
Attention: Xx. Xxxxxxx Xxxxxx, Esq.
Dear Xx. Xxxxxx
This letter sets forth our agreement that, as compensation for the consulting
services you are performing for e-commerce group Inc. (the "Company"), we agree
to pay you $225,000 and to issue you 500,000 shares of common stock of the
Company. The delivery of such payment and issuance of shares of common stock
shall not occur until and unless the consummation occurs of the acquisition by
the Company of each of Intensive Networks Ltd. and xxx.XxxxxxXxxxx.xxx, Ltd.,
each a corporation organised under the laws of the United Kingdom.
If the above properly sets forth the terms of our agreement, please sign the
enclosed copy of this letter and return it to us.
e-commerce group Inc.
By /s/ X. Xxxx
-----------------------
Name DIRECTOR
Title
By /s/ Xxxxx Xxxx
----------------------
Name
Title
AGREED AND ACCEPTED:
XXXXXX & ASSOCIATES (UK) LIMITED
/s/ Xxxx Xxxxxx
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