EXHIBIT 10.5 INDEMNITY AGREEMENT (EBIZ Web Solutions Inc. and eVision USA.Com, Inc.)Indemnity Agreement • May 22nd, 2000 • Evision Usa Com Inc • Security brokers, dealers & flotation companies • British Columbia
Contract Type FiledMay 22nd, 2000 Company Industry JurisdictionIN CONSD3ERATION of North Shore Credit Union (hereinafter called the "Lender") dealing with Global Growth Management Inc. (hereinafter called the "Borrower"), the undersigned hereby covenant(s), promise(s), and agrees(s) to and with the Lender to pay or cause to be paid to the Lender all present and future debts, obligations and liabilities, direct or indirect or otherwise, now or at any time and from time to time hereafter due or owing to the Lender from or by the Borrower, arising under or secured, inter alia, by a mortgage dated April 28, 2000 granted by the Borrower to the Lender securing the principal sum $1,250,00O.O0 (the "Mortgage") charging that property situate, lying and being in the City of Vancouver and being more particularly known and described as: