CONSULTANT AGREEMENT 2/2/00 This Agreement states that Terrie Pham shall receive 500,000 warrants for eConnect common stock, which are exercisable at $0.40 per share until December 31, 2000. This agreement is in consideration of consulting work performed by Mr. Pham in 1999. /s/ Thomas S. Hughes /s/ Terrie Pham Thomas S. Hughes Terrie Pham Chairman & CEO, eConnect