EXHIBIT 10.3
e-commerce group Inc.
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▇▇▇ ▇▇▇▇▇, ▇.▇.▇. ▇▇▇▇▇-▇▇▇▇
March 5, 2000
▇▇▇▇▇▇ & Associates (UK) Limited
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Attention: ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Esq.
Dear ▇▇. ▇▇▇▇▇▇
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 ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, 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/ ▇. ▇▇▇▇
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Name DIRECTOR
Title
By /s/ ▇▇▇▇▇ ▇▇▇▇
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Name
Title
AGREED AND ACCEPTED:
▇▇▇▇▇▇ & ASSOCIATES (UK) LIMITED
/s/ ▇▇▇▇ ▇▇▇▇▇▇
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