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<page> [Logo] Globaleuronet Group, Inc. October 13, 2000 Mr. W. Thomas Hodgson President and Chief Executive Officer Globalnet Financial.com, Inc. 33 Glasshouse Street London W1r 5rg Dear Tom: This Is to Formalize the Agreement Between Globaleuronet Group, Inc. ("Globaleuronet Group" or the "Company") and the Global Technology Group ("Global Technology"), Formerly Cyber Wolf or Globalnetfinancial.com, Whereby Globalnetfinancial.com Provides Globaleuronet Reasonable and Unrestricted Access to the Consultants That Comprise Global Technology. Such Access Is Important to the Company's Attaining Its Strategic Objectives, Has Proved Valuable in the Past and Will Be Essential in the Future. Globaleuronet's Access to the Global Technology Professionals Will Not Be Allowed to Compromise Said Professional's Day-To-Day Responsibilities and Duties to Globalnetfinancial.com Globaleuronet Agrees That It Will Be Reasonable and Respectful in Its Reliance on This Agreement and That Its Access Will Be Secondary to the Requirements and Schedule Demands of Globalnetfinancial.com. in the Event That Travel Is Required, Globaleuronet Would Assume Responsibility for All Such Associated Costs. Globaleuronet Is Aware Of, and Sensitive to the Fact That These Professionals Are Essential to the Operation of Globalnetfinancial.com and It Is in the Best Interest of All Parties That Access to These Professionals Be Utilized in an Efficient Manner. Tom, if This Agreement Is Satisfactory to You, Please Sign in the Space Provided Below. Sincerely, /S/ Christopher D. Jennings Christopher D. Jennings Co-Chief Executive Officer Agreed and Accepted: /S/ W. Thomas Hodgson W. Thomas Hodgson President and Chief Executive Officer Globalnetfinancial.com, Inc
