<SEQUENCE>2

<FILENAME>0002.txt

<DESCRIPTION>EXHIBIT 10.15

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                              EMPLOYMENT AGREEMENT



         This Employment Agreement dated as of March 1, 2000 (hereinafter

referred to as "Agreement") is entered into by and among Merchantonline.com,

Inc. (the "Company") and Robert Hausman ("Executive").



         WHEREAS, the Company employs Executive in the capacity of Vice

President and Chief Administrative Officer; and



         WHEREAS, the Company and Executive desire to set forth in this

Agreement all of the terms and conditions of said employment, and to establish a

mechanism to resolve disputes relating to said employment;



         NOW, THEREFORE, in consideration of the mutual promises and obligations

contained in this Agreement, the Company and Executive agree as follows:



         1. TERM OF EMPLOYMENT. This Agreement is effective March 1, 2000 (the

"Effective Date"), and will continue, unless sooner terminated, until March 1,

2003 (the "Initial Term"). Thereafter, the term of this Agreement shall

automatically be extended for successive one (1) year periods ("Renewal Terms")

unless either the Company or Executive gives written notice to the other at

least ninety (90) days prior to the end of the Initial Term or Renewal Term, as

the case may be, of its or his intention not to renew the term of this

Agreement. The Initial Term and any Renewal Terms of this Agreement shall be

collectively referred to as the "Term."



         2. DUTIES AND RESPONSIBILITIES. The Company hereby employs Executive as

Vice President and Chief Administrative Officer with such powers and duties in

that capacity as may be established from time to time by the Company in its

discretion. Executive will devote his entire time, attention and energies to the

Company's business. Executive, subject to approval by the Company's Board of

Directors, may in the future have other business investments and participate in

other business ventures which may, from time to time, require portions of his

time, but shall not interfere with his duties hereunder. However, nothing in

this Agreement shall prevent Executive from passively investing in business

activities so long as such investments require no active participation by

Executive.



3.       COMPENSATION.



         (a) BASE SALARY. The Company will pay Executive an annualized base

salary of $125,000 until June 30, 2000 and $150,000 until December 31, 2000 and

$200,000 for the remainder of the Initial Term, less applicable deductions,

payable in installments according to the Company's normal payroll practices

("Base Salary"). The Base Salary shall be reviewed at least annually by the

Company's Board of Directors, which may in its discretion increase the Base

Salary. Participation in deferred compensation, discretionary bonus, retirement,

stock option and other employee benefit plans and in fringe benefits shall not

reduce the Base Salary payable to Executive under this Section 3(a).



         (b) BONUSES: During the term of this Agreement, the Executive shall

receive an annual bonus from the Company, based on performance goals determined

at the beginning of



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 each fiscal year by the Executive and Board of Directors of

the Company, in its good faith discretion.



         (c) VACATION. Executive shall be entitled to four (4) weeks of paid

vacation during each year of the Term, the time and duration thereof to be

determined by mutual agreement between Executive and the Company.



         (d) STOCK OPTIONS. Merchant shall grant to Executive stock options to

purchase an aggregate of 300,000 shares of common stock at prices to be

determined by the Board of Directors. The options shall vest in equal

installments on March 1, 2001, 2002 and 2003. The options will only vest

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